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- (-) March 2016
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Export prices increased 1 to 2 percent with exporters fulfilling outstanding shipments under the Government-to-Government agreement with China.
Forecast MY2016/17 rice and corn production is expected to provide for larger exportable supplies in 2017.
Export prices increased around 1 percent due to tighter domestic rice supplies and the strengthening Thai Baht.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.
Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14.
South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.
Export prices for Thai rice declined further this week due to inactive export demand and the likelihood of a new tender for Government rice stocks.