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- (-) August 2015
- (-) Thailand
- (-) Brazil
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Recent tight domestic corn supplies have resulted in higher import demand for feed wheat.
Export prices declined slightly due to continued weakening of Thai baht currency and pressure from the competition of Vietnamese rice.
Export prices declined 1 percent mainly due to continued weakening of Thai baht.
Post forecasts broiler production to increase by 5 percent in 2016 to nearly 13.5 million metric tons as a result of stable feed costs and higher exports...
Export prices declined 1 percent due to continued weakening of Thai baht and lack of inquiries. Traders are awaiting the result of public tender for around 0.7 million metric tons issued on August 10.
In February 2015, the government of Brazil (GOB) raised federal taxes (CIDE and PIS/COFINS) on gasoline to R$ 0.22 /liter, which increased the competiveness of ethanol relative to the fossil fuel.
Brazil is the second largest producer of biotech crops in the world. Post forecasts an increase of three percent in area planted to biotech crops during the upcoming 2015/16 Brazilian crop year.
Export prices for most grades of rice are basically unchanged from the previous week except for fragrant rice.
Minister of Agriculture Kátia Abreu discussed expanding beef, poultry, dairy, fruit, and wheat trade with Russia, Myanmar, Japan, South Africa, and Argentina.
On July 8th, Minister of Agriculture Katia Abreu met with the Russian Minister of Agriculture during a trip to Moscow to discuss agricultural cooperation.
Thai rice exports are revised down to 9.0 million metric tons in anticipation of tighter exportable supplies of new-crop white rice & limited availability of good old-crop rice in the government stock
Export prices declined 1 to 3 percent due to the weakening of Thai baht.