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- (-) April 2016
- (-) Thailand
- (-) Paraguay
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Export prices increased around 1 percent due to the strengthening of the Thai baht and tight domestic supplies.
2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
Wheat production for crop 2016/17 is forecast at 1.0 million tons, lower than the previous year due to expected low farmer returns.
Export prices increased slightly due mainly to the strengthening of the Thai baht despite quiet trading during the Thai New Year holiday.
MY2016/17 sugar production is forecast to increase moderately to 10 million metric tons while sugarcane production in MY2015/16 is likely to decrease as a result of severe drought.
MY2016/17 cotton imports are forecast to increase only slightly from the downturn in MY2013/14.
Export prices increased slightly due mainly to currency fluctuation. Traders are awaiting the result of the food and non-food grade rice tenders, which were issued last week.
Export prices declined 1 percent due mainly to the weakening of the Thai baht.