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- (-) June 2020
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Post anticipates a larger supply for MY2020/21, as a wet spring boosted fodder yields in non-irrigated land. Spanish fodder continues consolidating its presence in Asian markets.
During the COVID-19 pandemic, the Spanish food retail and distribution sector continued to function as an essential activity in response to the crisis.
Rice export prices remain high due to the strengthening of the Thai baht and an upward pressure on domestic rice prices.
Rice export prices declined 3-5 percent due to a lack of new inquiries.
Rice export prices further increased 1-2 percent as exporters had to cover their exchange rate risk from the strengthening of the Thai baht.
The temporary pause in the hospitality sector, tourism, and weaker export demand following the COVID-19 pandemic, has negatively impacted the Spanish poultry meat sector.
Rice export prices further increased 2 percent as exporters continued to fulfill large contracted shipments. The Thai government participated in the Philippines’ tender on June 8.
Rice export prices further increased 1 percent as exporters continue to fulfill large contracted shipments.
After a rather dry winter, abundant precipitations and mild temperatures prevailing since mid-March significantly improved grain crop conditions and secured record yields.
This report updates details of Thailand’s pesticide residues monitoring measures on fresh produce by the Thai Food and Drug Administration (FDA) as of June 1, 2020.
The report provides an overview for the fast growing online food delivery market in Thailand.
MY2020/21 rice and corn production is expected to fully recover from MY2019/20 due to favorable weather conditions.