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Export prices decreased 1-2 percent due to the further weakening of the Thai baht.
FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.
Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.
Rice export prices trend upward due to strong demand from foreign buyers.
Rice export prices increased one percent, driven by new inquiries amid the weakening of the Thai Baht.
Rice export prices remain unchanged as the further weakening of the Thai baht offset increased domestic rice prices.
Despite the sale of around two million metric tons of old-crop food-grade rice stocks this week, export prices increased around two percent as exporters are seeking new-crop white rice...
On January 27, 2017, the Thai Food and Drug Administration notified the WTO (G/SPS/N/THA/183/Rev.1) on the Ministry of Public Health (MOPH) Notification Regarding Food Containing Pesticide Residue.
Export prices further declined one to two percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017.
Export prices declined one to two percent due to the sales of government rice stocks associated with the tender for 3.8 million metric tons on July 25.
The planting of the MY2016/17 main rice crop is still 30 percent behind last year. Aggressive sales of government stocks will likely increase Thai rice exports to 9 million metric tons in 2016.
Export prices were steady due to little trading activity during the holiday week.