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Thai rice exports declined amid rising global supply and lower imports by major buyers. While fragrant rice prices saw a slight rise, prices for most other grades fell.
Thailand offers strong potential for U.S. agricultural exports, which reached $1.4 billion in 2024. The United States ranked as Thailand’s 9th largest supplier of consumer-oriented products, with $429 million in exports.
The UK’s recent trade announcements with the United States (U.S.-UK Economic Prosperity Deal), the European Union (UK-EU Summit), and India (UK-India Free Trade Agreement) are all expected to affect imports/exports for agricultural products between the UK and partner countries.
The United Kingdom (UK) is forecast to have a significant increase in grain crop production in Marketing Year (MY) 2025/26. This is largely driven by a partial recovery in wheat production following a particularly low level of production in MY 2024/25.
Thai rice export prices are trending up, with the premium grades, such as Hom Mali rice, showing the most significant increase.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
Thailand’s Department of Fisheries (DOF) has established procedures to certify aquatic animals developed through genome editing technology for domestic research and development, production, and/or distribution.
Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.
In the United Kingdom (UK) regulatory changes affecting high-sugar soft drinks and food and drink products high in fat, sugar, and salt food (HFSS) come into effect in April and October 2025.
MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.
The UK government is committed to signing a new Sanitary and Phytosanitary agreement with the EU to ease post-Brexit trading frictions, but depending on the type of deal agreed, it may impact the UK’s ability to negotiate future Free Trade Agreements.
Marketing Year (MY) 2025/26 is forecast to see record low plantings of rapeseed oilseeds (rapeseed) in the United Kingdom (UK), down below 250 thousand hectares, with production falling below 750 thousand metric tons.