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April 3, 2018
Rice production in 2018/19 is forecast to increase only slightly, and low stocks and high prices will continue to require rice imports.
March 29, 2018
Rice export prices further increased by 1 percent due to strong demand from China and African countries amid the off-season rice harvest.
March 28, 2018
High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.
March 28, 2018
Overall animal feed demand is expected to continue to grow as the New Zealand’s dairy, poultry and other livestock sectors continue to expand.
March 23, 2018
On March 14, 2018, Japan’s Consumer Affairs Agency held its tenth, and final, Expert Committee panel discussion for the review of Japan’s genetically engineered (GE) food labeling requirements.
March 22, 2018
Rice export prices increased by 2 percent due to the strengthening Thai baht, which offset declines in farm-gate rice prices.
March 20, 2018
MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.
March 19, 2018
Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.
March 15, 2018
Export prices declined by 1-3 percent as supplies of off-season rice have begun to enter the market.
March 9, 2018
Export prices increased by 1 percent in response to new demand for white rice under the government-to-government agreement with China.
March 7, 2018
The Consumer Affairs Agency’s expert committee is expected to conclude its review of Japan’s labeling requirements for genetically engineered foods at the end of March 2018.
March 1, 2018
Export prices remain unchanged due to market inactivity. The government delayed its plan to issue a tender for the remaining rice stocks until April.
February 23, 2018
Export prices of white and parboiled rice further declined by 1 to 2 percent while prices for fragrant rice continued to increase.
February 19, 2018
Export prices declined significantly by 5 to 10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks.
February 14, 2018
With new mature area entering full production and expectations for above trend yields, the 2017/18 palm oil production forecast is maintained at 38.5 million tons, a 5.5 percent increase from 2016/17.
February 9, 2018
Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies.
February 6, 2018
Winter conditions have caused historic snowfall and record-low temperatures across East China.
February 2, 2018
Despite the further strengthening Thai baht, export prices of white rice declined 1 percent due to no new inquiries.
February 1, 2018
Korea continues to meet its mandatory import volume of 408,700 metric tons (MT) from Most Favored Nation (MFN) countries, with purchases of 138,610 MT (milled) from the United States in CY 2017.
February 1, 2018
On December 26, 2017, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....