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- (-) January 2020
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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.
MY 2019/20 production of sesame seed, Niger seed and soybeans is estimated to increase.
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.