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Rice export prices dropped 1-5 percent from the previous week due to the weakening of the Thai baht and India’s removal of all export restrictions on non-Basmati white rice and on parboiled rice.

Health Canada opened public consultations on proposed compositional requirements for infant foods and foods currently regulated as foods for special dietary use. Interested stakeholders may submit their comments until December 23, 2024.

Rice export prices increased 2-8 percent from the previous week as exporters reportedly continued to secured rice supplies to fulfill contract shipments.

FAS/Canada projects modest milk production growth in 2025, based on a slight increase in fluid milk consumption, and steady requirements for industrial milk.

Rice export prices further dropped 3-4 percent from the previous week, except for fragrant rice prices.

Rice export prices, particularly white and parboiled rice, dropped 5-11 percent from the previous week due to competition from Indian rice and the weakening of the Thai baht.

FAS/Bangkok (Post) forecasts MY 2024/25 sugar production to increase to 10.2 MMT. MY 2023/24 sugar exports are likely to decline 26 percent due to competition from Brazil. Post expects sugar exports to double in MY 2024/25 from MY 2023/24 in anticipation of tight exportable sugar supplies in the major exporting countries.

Rice export prices further dropped 1-6 percent from the previous week in response to the removal of India’s rice export ban, despite the strengthening of the Thai baht.

This report provides an overview of Thailand’s food retail sector along with the latest market updates. Thailand's retail industry continued to evolve and improve, driven by increasing consumer demand for convenience.

Canada has opened a consultation to establish new maximum residue limits (MRLs) for pyridate on certain meat products, pulses, dried shell peas, and dry soybeans.

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

The Canadian cattle herd is forecast to sustain the long-term trend of contraction to begin 2025 but will begin to stabilize by year’s end on improved feed pricing and availability.