Thailand: Grain and Feed Update
While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent. While imports of corn, mainly from neighboring countries, are estimated to reach a record high in MY2018/19, continued corn supply shortage should lead to a sharp increase in import demand for feed wheat to replace corn in feed rations in MY2019/20. Rice exports in 2019 is revised down further due to tight supplies of oldcrop white rice and strengthening Thai baht.
