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- (-) June 2018
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Rice export prices remain under downward pressure due to competition from Vietnamese rice and further weakening of the Thai baht.
South Africa`s production of grapefruit, oranges and lemons/limes is estimated to increase in the 2017/18 MY, based on the growth in area planted and on the normal weather conditions....
Rice export prices declined 2 percent due to the weakening Thai baht and the sale of the remaining 2 million metric tons of government rice stocks.
Due to the climatic challenges, Post estimates that Zimbabwe’s corn area harvested decreased by 36 percent to 1.2 million hectares in the 2018/19 MY..
Rice export prices remain unchanged as traders are awaiting the result of two tenders totaling 2 million metric tons that the government will issue this week.
Export prices of white rice declined 2 to 3 percent due to the lack of new inquiries and the sale of government stocks.
The MY2018/19 rice production forecast is revised up to 21.2 million metric tons, a 4 percent increase from MY2017/18 due to larger than expected main crop fragrant rice acreage.
Rice export prices increased around 1 percent due to the strengthening Thai baht and new demand for white rice from the Philippine government.
In May 2018, Namibia officially opened its market for U.S. processed and unprocessed poultry products from establishments approved for export by the United States Department of Agriculture....