Browse Data and Analysis

Rice export prices increased slightly due to the strengthening of the Thai baht.

Australia is set for a third consecutive record grain crop, and strong exports. Wheat production is estimated to have reached a record 37 million metric tons (MMT) in marketing year (MY) 2022/23, while barley is estimated to achieve 13.5 MMT of production, the fourth largest on record.

Corn production in MY2022/23 is revised up slightly based on National Bureau of Statistics data indicating a better harvest in the North China Plain which more than offset smaller yields in the northeast.

Rice export prices rose 2-5 percent higher due to exporters’ concerns about the strengthening of the Thai baht.

Rice export prices increased 4-6 percent due to the strengthening of the Thai baht.

Quotations are not available this week due to the New Year’s holiday.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Post revises its estimates of the marketing year (MY) 2021/22 paddy harvest area and production down to 7,185 thousand hectares (THA) and 42.83 million metric tons (MMT) on unfavorable weather conditions and high input costs.

Export prices increased 1-2 percent due to the strengthening of the Thai baht.

FAS Manila maintains MY 2022/23 milled rice production at 11.975 million MT, as previously stated conditions such as diminished fertilizer application still hold. FAS Manila estimates rice imports at 3.8 million MT in response to recent trade data. FAS Manila estimates wheat imports at 5.8 million MT because of high prices and industry contacts’ observations that consumers have limited purchasing power.

Export prices increased 3-4 percent due to new inquiries for new-crop rice supplies ahead of the holidays.

Export prices decreased one percent despite the continued strengthening of the Thai baht.