Browse Data and Analysis

Due to the impact of the recent flooding, the 2022/23 rice production forecast is lowered to 8.3 million tons. With a slow-down in exports during July and August, plus the recent flooding causing a pause in export activities, marketing year 2021/22 rice exports are lowered to 4.5 million tons.

Export prices decreased 1-2 percent due to the further weakening of the Thai baht.

FAS Tokyo estimates MY2022/23 wheat and rice production in Japan to decrease from last year's bumper crop due to poor weather conditions in major production regions. Due to favorable weather, Post estimates the MY2022/23 barley crop to increase from MY2021/22.

Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.

The Dominican Republic (DR) achieved a record year for rice production in calendar year 2021 (CY 2021) of 654,156 metric tons (MT) and CY 2022 is showing similar results with estimated production of 658,000 MT. The COVID-19 pandemic did not have a significant impact on production and consumption of rice; meanwhile, local retail prices have slightly risen. As of July 2022, the milled rice tariff rate quota (TRQ) has reached a 72 percent usage rate and is on track to exceed 100 percent.

Post forecasts Burmese rice exports higher in September with increasing demand for Burmese rice due to India’s policies restricting rice exports. Despite larger domestic rice supplies from the new rice crop, domestic prices for both Emata and Shwe Bo Pawsan rose significantly. The depreciation of the Myanmar kyat and high production costs have continued putting upward pressure on domestic rice prices.

Corn and wheat production forecasts remain unchanged in marketing year (MY) 2022/23. Due to unfavorable weather conditions and less planted area, the sorghum production estimate is revised downward from USDA/Official estimate for MY 2021/22.

Rice export prices trend upward due to strong demand from foreign buyers.

Interactive Tableau visualization showing the percentage of exported agricultural production for 25 top commodities.

Rice export prices increased one percent, driven by new inquiries amid the weakening of the Thai Baht.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Rice export prices remain unchanged as the further weakening of the Thai baht offset increased domestic rice prices.