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The Burmese military regime is intervening in the rice market to control higher prices. The regime detained dozens of domestic and foreign rice merchants and representatives from supermarkets and has pledged to prosecute traders who were selling rice...

Exporters and importers continue to face much uncertainty due to the military regime’s foreign currency control policies and continuing conflict between the regime and ethnic armed forces. FAS Rangoon forecasts Burma’s MY 2024/25 rice exports to recover to 1.7 MMT amid high stocks and expected relaxation of export controls. MY 2024/25 corn exports and wheat imports will remain flat.