Browse Data and Analysis

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

Post forecasts 2022/2023 corn production at a record 126 million metric tons (MMT) based on the growing demand and price for corn both in domestic and international market. This is up 8.6 percent on the 2021/2022 production estimated at 116 MMT.

The Agricultural Trade Office (ATO)/Sao Paulo estimate for the Brazilian coffee production for Marketing Year (MY) 2022/23 (July-June) was revised downward to 62.6 million 60-kg bags, a decrease of 1.7 million bags relative to the previous estimate, due to lower output in Arabica production.

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

Brazil is the fourth-largest export destination for U.S. agricultural and processed products in South America and depends on international suppliers to meet its demand for food processing ingredients, especially specialty products with high added value. These products offer significant opportunities for U.S. companies to supply Brazilian food manufacturers looking to meet the needs of a growing health-conscious consumer market.

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.

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.