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Rice export prices further dropped 2-6 percent from the previous week despite a strengthening of the Thai baht to a 19-month high.

Rice export prices further dropped one percent from the previous week.

Rice export prices dropped 1-3 percent from the previous week despite the strengthening of the Thai baht.

Rice export prices increased 1-6 percent from the previous week despite the weakening of the Thai baht against the U.S. dollar.

Post revised up Brazil’s MY 2024/25 cotton production forecast to 16.6 million 480lb bales (3.6 million metric tons (MMT)), an 11 percent increase compared to the previous MY. The main drivers behind this record output are a forecasted area increase (revised up to 1.94 million hectares), and better-than-anticipated yields across key producing states.

FAS Bangkok (Post) expects chicken meat production to increase slightly in 2024 due to limited supplies of day-old chicks and the slow recovery in domestic consumption amid strong export demand.