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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.
Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.
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.
While Nigeria has a long history of subsistence-based milk production, urbanization is driving increased consumption of non-traditional dairy products.
In 2024, Nigeria created the Federal Ministry of Livestock Development to unlock potential in the country’s vast but underdeveloped livestock sector. The Ministry’s leadership has focused on increasing commercial productivity, which may lead to more interest in U.S. live animal, genetics, and animal feed product exports.
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.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.
Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.