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Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.
In marketing year (MY) 2024/25, due to favorable climatic conditions, avocado production is expected to total 200,000 metric tons (MT), representing a 33.3 percent increase from MY 2023/24. The area planted will total 33,010 hectares, reflecting a one percent growth from MY 2023/24.
Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.
Discrepancies between the information provided on the export certificate and the information on the label of the package in U.S. dairy products is causing recurring detentions at the ports of entry in Chile.
Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.
Rice export prices dropped 1-3 percent from the previous week as the weakening of the Thai baht and the new crop MY 2024/25 paddy rice entered the market.
In terms of total volume, Mexico´s marketing year (MY) 2024/25 total deciduous fruit production is forecast nearly unchanged, with a small decline in pear production mostly offset by minor growth in apple and table grape production.
This year’s report does not contain significant changes from last year’s report. Chile continues allowing the reproduction of seeds under strict control of the Agricultural and Livestock Service (SAG) of the Ministry of Agriculture.
The Thai government has made significant progress in addressing food security and climate change challenges by advancing its biotechnology regulatory landscape. Recognizing the benefits of genome editing technology as a key driver for enhancing the competitiveness and value of the agricultural sector, Thailand has taken a major step forward.
Rice export prices dropped one percent from the previous week despite the strengthening of the Thai baht.
This document provides an overview of major Mexican agricultural and food-product laws and regulations, as well as related import standards and regulations.