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Rice export prices declined 1 percent as exporters have secured sufficient white rice supplies to fulfill the shipments for the two November Philippine tenders.
MY2018/19 cotton imports are expected to increase slightly in line with increased yarn production.
Rice export prices increased 1 percent due to the strengthening Thai baht and white rice purchases from China and the Philippines.
Rice export prices remain unchanged while traders wait for the shipping arrangements to be finalized for contracts under the recent Philippines’ tender.
Rice export prices are fluctuating as new crop rice enter the market.
Rice export prices remain unchanged.
The export of pears and apples is forecast to increase by 4 percent in the 2018/19 MY, while table grapes exports will increase by 8 percent, as the industry starts its recovery....
Domestic and export prices for most grades of rice declined around 1 to 2 percent as new crop rice supplies gradually entered the market, except for fragrant rice prices that remained high....
Rice export prices declined 1 to 2 percent due to the weakening of the Thai baht and the lack of new inquiries.
Due to relatively high stock levels that are suppressing local corn prices, Post estimates that South Africa’s commercial corn producers will cut area by 10 percent to 2.1 million hectares....
MY2018/19 rice production is revised downward due to flood and drought damage, but remains higher than MY2017/18.
South Africa is the largest user of the African Growth and Opportunity Act (AGOA) for agricultural exports to the United States in the Southern African region.