Thailand: Grain and Feed Update

MY2021/22 rice production remains unchanged at 21 million metric tons. Post revised down Thai rice exports to 5.8 million metric tons in 2021 due to high freight costs and a lack of available shipping containers. Post also revised down MY2021/22 corn production to 5.3 million metric tons as corn growers are likely to switch to more profitable crops. Wheat import demand in MY2020/21 and MY2021/22 remains unchanged due to the reemergence of COVID-19 and increased imports for alternative feed grains and ingredients.