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Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.
MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.
FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.
MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.
The Thai Food and Drug Administration (Thai FDA) issued its annual revision to its pesticide residue monitoring program for fresh produce. The protocol remains the same in practice; however, the fresh produce that are considered “high risk” have...
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
Export prices of all grades of rice decreased 4-5 percent.
Export prices of white and parboiled rice decreased slightly despite the appreciation of the Thai baht against the U.S. dollar due to a lack of new inquiries.
Post forecasts MY 2021/22 production, demand, and trade for rice, corn, and wheat.
Export prices for all grades of rice decreased around one percent from the previous week due to a lack of new inquiries.
Biofuel consumption is expected to remain below target due to the prolonged outbreak of COVID-19 in 2021.
Export prices for all grades of rice decreased from the previous week as trade activities slowed and the Thai baht appreciated against the U.S. dollar.