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Rice export prices declined around 2 percent due to the weakening of the Thai baht that more than offset increased domestic rice prices.
Rice export prices increased significantly 6 to 7 percent due to tighter domestic supplies and concerns about reduced off-season rice acreage.
Rice export prices remain high due to tight domestic supplies and concerns about the current drought that cut MY2019/20 off-season rice acreage by half.
Rice export prices further increased 2 to 3 percent due to tighter supplies of new-crop white paddy rice and reduced MY2019/20 off-season rice acreage.
MY2017/18 rice and corn production is minimally affected by flooding during July – August 2017.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
Export prices declined 1 percent due to a lack of new inquiries.
On July 24, 2017, Thailand and New Zealand reached an agreement to increase market access for New Zealand dairy exports to Thailand.
Export prices remain under downward pressure as supplies of MY2016/17 off-season rice are entering the market.
Export prices further declined two to three percent largely due to a lack of new inquiries. Additionally, the results of the July 25 Philippine import tender has put downward pressure on Thai rice....
MY2016/17 rice and corn production is well underway due to favorable precipitation.