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- (-) August 2017
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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.
On July 24, 2017, the Namibian Ministry of Agriculture, Water and Forestry (MWAF) announced that it had relaxed the import suspension of poultry and poultry products from South Africa....
South Africa should return to being a net exporter of corn in the 2017/18 MY and 2016/17 MY on higher production after South Africa had to import 2.2 million tons of corn in the 2015/16 MY....
Post forecasts that raisin production will increase by one percent to 62,500 MT in the 2017/18 MY, from 62,000 MT in the 2016/17 MY, based on the increase in area planted....
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.