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Export prices decreased 1-2 percent due to the further weakening of the Thai baht.

On September 21, 2022, Kuwait’s Ministry of Commerce and Industry issued administrative decree number 1895 for the year 2022 adopting a regionalization model to the county level for U.S. outbreaks of Highly Pathogenic Avian influenza (HPAI). The decree lifted a previous ban on all non-heat treated poultry meat (fresh, chilled, frozen, and processed), poultry products and table eggs from 24 U.S. states. The decree also includes changes for other trade partners. An unofficial translation for the decree is included in this report.

FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.

Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.

Rice export prices trend upward due to strong demand from foreign buyers.

Rice export prices increased one percent, driven by new inquiries amid the weakening of the Thai Baht.

Rice export prices remain unchanged as the further weakening of the Thai baht offset increased domestic rice prices.