Browse Data and Analysis

Rice export prices further increased by 1 percent due to strong demand from China and African countries amid the off-season rice harvest.

High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.

Rice export prices increased by 2 percent due to the strengthening Thai baht, which offset declines in farm-gate rice prices.

MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.

Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.

Export prices declined by 1-3 percent as supplies of off-season rice have begun to enter the market.

Export prices increased by 1 percent in response to new demand for white rice under the government-to-government agreement with China.

Export prices remain unchanged due to market inactivity. The government delayed its plan to issue a tender for the remaining rice stocks until April.