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Rice export prices increased 5-6 percent mainly due to the strengthening of the Thai baht and new inquires.

On January 11, 2022, the Ministry of Commerce (MOFCOM) of the People’s Republic of China (PRC) announced it will conduct an Expiry Review on the antidumping (AD) and countervailing duty (CVD) measures imposed on U.S.-origin distiller’s dried grains with or without solubles (DDGS).

Export prices of most grades of rice decreased one percent as the Thai baht weakens.

Export prices of most grades of rice increased one percent due mainly to the strengthening of the Thai baht.

On November 16, 2021, China Animal Agricultural Association (CAAA) proposed group standards for Alfalfa Meal Quality Classification and Timothy Hay Quality Grade. The standards were published for public feedback and will take effect after revision based on feedback received.

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

Export prices of most grades of rice remained unchanged despite the strengthening of the Thai baht.

Post revised Vietnam’s marketing year 2020/2021 (MY20/21) total harvest area down to 7,305 thousand hectares (THA), but production up to 27.38 million metric tons (MMT) (milled rice equivalent) on higher production of the autumn crop.

Export prices of white rice increased one percent despite the weakening of the Thai baht.

The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.

Post increases the MY 21/22 estimate for milled rice production to 12.5 million MT on positive first-quarter production data while holding imports unchanged.

Post forecasts higher Burmese rice exports in December. This forecast anticipates active demand from Africa, China, and EU countries during the new crop harvest and the reopening of Burma-China border gates.