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Rice export prices increased 1 percent due to the strengthening Thai baht and white rice purchases from China and the Philippines.
Rice imports in 2017/18 reached 2.15 million tons, the highest level since 2011.
MY2018/19 rice production is revised down due to limited water supplies for off-season rice cultivation in the northeastern region.
On November 13, 2018, Statistics Korea (KOSTAT) released its revised 2018 rice production estimate of 3.868 million metric tons (MMT), slightly down from 3.875 MMT, the initial rice production....
The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement will enter into force on December 30, 2018, and a free trade agreement between Japan and the European Union....