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Export prices for all grades of rice remain unchanged from the previous week.
Export prices for white and parboiled rice are still trending upward, with new inquiries from African markets and increased demand for glutinous rice from Asian markets.
Export prices for white and parboiled rice increased by 2-3 percent from the previous week as demand from African markets remained strong.
Export prices for all grades of rice dropped 1-3 percent from the previous week as domestic consumption slowed due to a new COIVD-19 outbreak in Thailand.
Export prices for all grades of rice remain unchanged from the previous week as most businesses were closed during the Thai New Year holiday.
Rice export prices remain unchanged as trading activities slowed down ahead of the Thai New Year holiday and the Thai baht continues to depreciate against the U.S. dollar.
MY2021/22 sugar production is expected to recover to 10.6 MMT following two consecutive years of dramatically reduced production due to drought.
The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22
Rice export prices further declined 1-3 percent due to declining domestic prices and the continued depreciation of the Thai baht against the U
The food and beverage industry is among the fast-growing industries in Thailand and is the country’s third largest industry, contributing 21 percent to the country’s Gross Domestic Product (GDP).
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
On January 25, 2021, the Ministry of Public Health (MOPH) published a ministerial regulation allowing for the commercial production and use of hemp.