Thailand: Grain and Feed Update
Link to report:
Thai rice prices are under downward pressure as supplies of MY2020/21 main-crop rice began entering the market. Thai rice exports are expected to decline 23 percent in 2020 due to tight supplies of white paddy rice. Meanwhile, corn prices are still well above the 5-year average. Wheat imports increased 3 percent in the first quarter of MY2020/21 due to concerns about new regulations on paraquat and chlorpyrifos residues on imported agricultural products.
