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- (-) October 2015
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TH5132 – Export prices declined around 1 percent as the rumored G-to-G agreement with Indonesia has not yet been finalized.
On October 22, Taiwan completed a normal tender GF4-104-105 for 4,000 MT of U.S. medium or short grain rice and scheduled another normal tender for October 29.
With MAFF’s strong push to use rice for feed, rice used in compound feed exceeded one million metric tons in MY2014/15 for the first time on record, at the expense of wheat and corn.
The outlook for winter grains production in Australia has deteriorated due to particularly adverse seasonal conditions, including lower than expected spring rainfall and record temperatures.
On October 13, Taiwan completed the second U.S. Simultaneous-buy and Sell (SBS) rice tender for 18,000 MT and scheduled two U.S. rice normal tenders...