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The FAS Seoul June 2021 Grain and Feed update covers changes to the Korean rice situation since the March 2021 Grain and Feed Annual report.
Export prices of all grades of rice decreased 4-5 percent.
While COVID-19 and African Swine Fever continue to constrain Philippine feed demand, corn and rice posted strong production in the third quarter of MY20/21 and are both set for record high output.
Burma’s rice exports in June are forecast lower due to the continued closure of several check points along the Burma-China border and lower demand from EU countries.
Export prices of white and parboiled rice decreased slightly despite the appreciation of the Thai baht against the U.S. dollar due to a lack of new inquiries.
Post forecasts MY 2021/22 production, demand, and trade for rice, corn, and wheat.
Export prices for all grades of rice decreased around one percent from the previous week due to a lack of new inquiries.
Taiwan has experienced a serious water shortage since late 2020 and, to conserve water, has stopped irrigating 74,000 hectares of first crop rice in 2021, representing 24 percent of total planted area.
Export prices for all grades of rice decreased from the previous week as trade activities slowed and the Thai baht appreciated against the U.S. dollar.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.