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Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.

Rice export prices increased one percent due to the strengthening of the Thai baht that outweighed the downward pressure on domestic rice prices.

Thailand's food and beverage industry contributes significantly to the country's economy. Thailand aims to be one of the world's top ten processed food exporters by 2027 and a key global player in the "Future Food" market.

MY 2023/24 and MY 2024/25 soybean crush will be well below the five-year pre-pandemic average annual growth due to a slow economic recovery.

Rice export prices dropped another 1-2 percent this week.

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

FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.

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

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

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

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