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Export prices of most grade of rice dropped from the previous week due to the weakening of the Thai baht, except for fragrant rice prices.
For the marketing year (MY) 2024/25, Post lowers rice harvested area and production to 11.4 million hectares and 36.6 million metric tons (MT), respectively, due to an estimated loss of around 300,000 hectares of aman season rice from two consecutive floods in August and October 2024.
FAS Manila forecasts lower milled rice production in Marketing Year (MY) 2024/25 compared to MY 2023/24 due to a series of weather disturbances. FAS Manila forecasts an increase in imports in MY 2024/25 to address reduced domestic production and increasing consumption attributed to population growth.
Corn prices in Brazil have been rising in recent months, driven by factors such as the increased prices in international markets and the devaluation of the Brazilian Real. As a result, corn production for MY 2024/25 (March 2025 – February 2026) is...
Ghana in 2024 has experienced drought-induced crop failures and low yields in eight out of its 16 administrative regions. FAS Accra (Post) consequently is revising up Market Year (MY) 2024/2025 import figures for wheat, corn, and rice due to reports of crop failures in some regions of the country and increased consumption.
Export prices rose one percent from the previous week. Thai rice exports during January to October 2024 were up 20 percent from the same period last year.
On October 28, 2024, the State Administration for Market Regulation (SAMR) published a revised “National Standard for Seed of Food Crops – Part 1: Cereals”, which will come into effect on October 1, 2025.
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
Indonesia’s 2024/25 wheat imports are forecast to decline 8 percent from 2023/24, when higher demand from feed mills, consumption of wheat flour-based food from major events in early 2024, and demand for cheaper alternatives to rice drove wheat imports up to new record highs.
Export prices rose from the previous week due to the strengthening of the Thai baht and demand for new-crop rice supplies ahead of the holidays.
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.