Browse Data and Analysis

Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.

Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.

Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.

Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.

The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.

Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.

Cotton consumption and imports by Thailand are estimated to decline in MY 2014/15.

Export prices declined 1-3 percent due to the seasonal peak of main-crop rice supplies.

USDA, represented by APHIS and FAS, successfully negotiated new import protocols for meat and bone meal (MBM) with the Thai government.

Post approached the Thai Department of Livestock Development to consider waiving specific requirements for the import of meat and meat products used for ship stores.

U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.

Export prices remained unchanged. The government is likely to consider the on-farm pledging program for MY2014/15 main-crop fragrant and glutinous rice paddy this week.