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Export prices increased 1-2 percent due to the strengthening of the Thai baht.

Export prices increased 3-4 percent due to new inquiries for new-crop rice supplies ahead of the holidays.

In MY 2022/23, all citrus production in Turkiye is expected to decrease due to freezing weather conditions in March 2022 at the beginning of the blossoming period. Retail prices are expected to increase for MY 2022/23 due to low yields and high farmgate prices as a result of increasing input costs for fertilizers, fuel, disinfestation, packaging and transportation.

Export prices decreased one percent despite the continued strengthening of the Thai baht.

The forecasts for MY2022/23 rice and corn production remain unchanged from the previous forecasts, as well as corn and wheat import demand.

Export prices increased 1-3 percent due to the further strengthening of Thai baht and new inquiries.

Turkiye’s cotton production forecast for marketing year (MY) 2022/23 is revised higher to nearly 1.1 million metric tons (MMT) (4.94 million bales), based on increase in cotton area harvested and ideal weather conditions throughout the growing season.

Export prices increased 1-6 percent.

Export prices increased 2 percent as foreign buyers continued seeking Thai rice.

Export prices increased 2 percent due to the rapid strengthening of the Thai baht.

The Thai Cabinet has approved the draft Biodiversity Law in principle. The draft is in the legislative process and currently with the Council of State for review and approval on text. The Thai Food and Drug Administration finally published its two...

Turkey published its Biosafety Law and implementing regulations in 2010. This legislation has continued to disrupt trade and Turkey’s domestic agriculture and food sectors. The Ministry of Agriculture and Forestry is the sole authority for biotechnology approvals. The Ministry approved seven genetically engineered soybean and corn events in 2022.