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On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.
Infographic illustrates how modernizing retail outlets in Southeast Asia are providing U.S. food exporters access to young, urbanizing consumers.
Rice export prices remained steady while traders await for the government to announce on July 11 the sale results of the remaining 2 million metric tons of government rice stocks.
FAS India forecasts MY 2018/19 cotton production at 28.7 million 480 lb. bales on 11.85 million hectares.
On July 2, 2018, the Ministry of Commerce and Industry issued a notification extending the quantitative restrictions (QRs) on imports of peas by another three months until September 30, 2018.
Thailand’s retail food sector continues to grow in 2017, driven by strong economic growth, increasing numbers of tourists and government investment.
Domestic and export rice prices declined 1 to 2 percent due to the lack of new inquiries and further weakening of the Thai baht.
Organized retail continues consolidation with larger players expanding through acquisition. Domestic and international retailers are building stronger cash and carry wholesale businesses.