Cambodia: Grain and Feed Update

Foreign Agricultural Service's Phnom Penh (Post) forecasts an increase of exports of Cambodian rice in Trade Year (TY) 2023/24 due to recovery from high logistics costs and resumed relationships with export markets after the European Union’s lift of safeguard measures against Cambodian rice. In addition, the new Cambodian government’s measures to decrease electricity prices from 10-20 percent during off-peak hours will allow millers to maximize their milling capacity, thereby increasing local milled rice production for both in-country use and exports, and slightly decrease wet paddy cross-border trade accordingly.