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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...

Export prices remain unchanged as the strengthening of the Thai baht offset reduced domestic prices.

Hungary is one of the strongest opponents of transgenic engineering in the European Union. Maintaining the country’s GE-free status is still a government priority. However, Hungary’s scientific and agricultural organizations and breeding and research institutions are speaking out in support of non-transgenic genome editing. In the case of an enabling legislative environment in the EU, the country would be open to adopting innovative biotechnologies.

FY2022 agricultural exports reach record levels.

Export prices increased one percent due to the strengthening of the Thai baht and strong export demand.

FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.