Browse Data and Analysis

Rice export prices decreased 1-3 percent mainly due to further weakening of the Thai baht.

Rice export prices decreased 1-3 percent as the Thai baht weakened.

FAS New Delhi estimates India’s rapeseed-mustard production for marketing year (MY) 2023/2024 (October-September) at 11.9 million metric tons (MMT), harvested from 9.3 million hectares following favorable cold weather during the rabi crop season.

MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.

Rice export prices decreased one percent despite the strengthening of the Thai baht.

Rice export prices increased 1-2 percent as exporters continued to secure rice supplies ahead of the Lunar New Year and Ramadan despite a further weakening of the Thai baht.

Cumulative rainfall during India's 2023 northeast monsoon was nine percent lower than the fifty-year average, according to India’s Meteorological Department (IMD), spurred by a delay in onset of nearly 20 days.

In 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published a series of food safety notifications. The FSSAI has re-operationalized its Labeling and Display Regulations, to include a six-month implementation extension of the disclaimer for brand names and trademarks on front-of-pack labels.

In the calendar year (CY) 2023 (January-December), India's Ministry of Fisheries, Animal Husbandry and Dairying/Department of Animal Husbandry and Dairying published the requirement for an integrated veterinary health certificate (VHC) for the import of milk and milk products into India.

On January 3, India’s Department of Animal Husbandry and Dairying (DAHD) published on its website, Office Memorandum L-11/1/2019-Trade (E-11542), to delay the implementation timeline of the new integrated Veterinary Health Certificate requirements for milk and milk products by six months.

The Thai Food and Drug Administration (TFDA) recently clarified its requirements for copies of export certificates accompanying U.S.-origin imported foods, including fresh fruit and vegetables shipments, into Thailand.

Rice export prices increased 1-2 percent despite the weakening of the Thai baht.