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Rice trading resumed with steady rice export prices. Another Thai-Chinese government-to-government shipment of white rice has reportedly been settled.
Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
Rice export prices declined around 1 percent due to the lack of new inquiries.
Persistent dry weather and lingering uncertainty about prices at harvest are likely to delay planting of the MY2019/20 corn crop for the second consecutive year in North East China....
On March 13, 2019, Taiwan completed Simultaneous-Buy and Sell (SBS) tenders for 18,500 tons of U.S.-origin rice at $108 per ton.
On March 27, 2019, Japan’s Ministry of Health, Labour and Welfare (MHLW) released its regulatory policy for the handling of food products derived from genome editing technology.
Production of rice and corn in Burma is forecast to increase in MY 2019/20 due to expansion of planting areas.
On March 5, 2019, the Implementing Rules and Regulations (IRRs) of the Rice Tariffication Act were signed, specifying how the Philippines will replace its quantitative restrictions on rice imports....
Thailand is one of the world’s leading agricultural suppliers, primarily due to its well-developed food processing sector.
Rice export prices further increased 1 to 2 percent due to strong demand for white and parboiled rice in the African markets.
For marketing year (MY) 2018/2019, Post reduced the estimate for rice harvested area to 3,190 thousand hectares (th. ha) owing to unfavorable weather conditions....
In marketing year (MY) 2019/2020, Post forecasts wheat imports at 4.5 million metric tons (MMT), and estimates MY18/19 at 4 MMT.