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- (-) September 2015
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Export prices declined around 1 to 2 percent as new supplies of main-crop rice entered the market.
Export prices declined around 1 percent due to the sales of government stocks. The Thai Government sold 246,793 metric tons of its rice tender issued on September 8.
MY 2015 sunflower seed area and production are now estimated at 505,000 hectares and 1 MMT, respectively.
In 2015, weather conditions were better than the previous year despite a spring frost which occurred in late April 2015.
Export prices declined around 1 to 3 percent in anticipation of the sales of government stocks and continued weakening of the Thai baht.
Turkey is forecast to produce 2.3 million metric tons (MMT) of sugar in marketing year (MY) 2015/16 from a planted area of 300,000 hectares.
In June 2013, the Government of Turkey (GOT) enacted sweeping legislation to amend its existing alcohol laws.
Thailand made some progress in 2015 on laying out a draft regulatory framework on adopting agricultural biotechnology.
Export prices for nearly all grades of rice, except fragrant rice, declined further from the previous week’s level due to continued weakening of Thai baht.
Unlike in 2014, the Thai broiler industry in 2015 has encountered much lower profitability due to a sharp decline in broiler prices.