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- (-) October 2014
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Export prices of white rice declined 2 to 3 percent in anticipation of further sales of government stocks from the public tender on Tuesday, October 28.
Export prices declined slightly in anticipation of a new public tender this week.
The Thai Food and Drug Administration has issued a new food labeling law for pre-packed food replacing the current food labeling notification, Ministry of Public Health Notification No. 194.
This report summarizes the recent clarifications on labeling related to imported food packages.
The Indian Meteorological Department (IMD) pegs cumulative levels of rainfall from June through September 23 at 761mm, 11 percent below normal. Kharif planted area decreased marginally.
FAS Mumbai forecasts Indian 2014 wine production at a record 17.3 million liters as cooler temperatures during February and March improved grape yields and quality.
Official statistics reveal marketing year (MY) 2014/15 planted area reached a record 12.7 million hectares.
Calendar year (CY) (January-December) 2015 fluid milk production is projected to increase to 147 million metric tons (MMT).
Export prices remained unchanged from the previous week. The government is likely to issue a new public tender next week.
Post forecast centrifugal sugar production for marketing year (MY) 2014/15 at 27.3 MMT (raw value), a decrease of 640,000 metric tons (MT).
Export prices declined 1 to 2 percent due to the sales of government stocks and the weakening of the Thai baht this week. The government continues to sell its rice stocks only for export.
MY2014/15 sugar production in Thailand is revised down to 10.2 million metric tons due to drought- reduced sugarcane production and a lower extraction rate.