Browse Data and Analysis

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.

Post raises Argentine 2015 sugar production estimate to 2.05 million tons, a small increase from USDA’s number due to beneficial weather during harvest time.

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.

Export prices remained unchanged from the previous week. The government is likely to issue a new public tender next week.

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.

2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.

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.

Export prices declined around 1 percent due to the sales of government stocks. The result of the second public tender has been finalized and new tenders will be exclusively for exporters.