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- (-) August 2022
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Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.
Post forecasts Burmese rice exports lower in August due to fewer supplies in the domestic market, higher domestic prices, lower anticipated production, and changes to foreign currency policies. Domestic prices for both Emata and Shwe Bo Pawsan rose significantly.
Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.
Rice export prices remain unchanged despite the strengthening of the Thai baht.
Rice export prices increased one percent due to the strengthening of the Thai baht.
Interactive Tableau visualization showing the growth in exports of several key bulk agricultural commodities since 1989.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.
Rice export prices declined around 2 percent due to the weakening of the Thai baht that more than offset increased domestic rice prices.
Australia’s wheat harvest in MY 2019/20 is estimated to have been the smallest in over a decade, and about 40 percent below the 10-year average.
A new government policy raising export taxes for agricultural products from 6.7 percent to 12 percent in December 2019 drives advanced MY19/20 grain crop sales.