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Rice export prices dropped 2-4 percent due to the weakening of the Thai baht despite a strong demand for Thai rice.
U.S. agricultural exports are a critical source of farm income. The USDA Economic Research Service estimates that on average 23 percent of the output of nonmanufactured agricultural products were exported between 2013 and 2022.
Rice export prices further increased 1-5 percent due to the strengthening of the Thai baht and tighter domestic rice supplies.
On May 8, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of new and renewed biosafety certificates for genetically engineered (GE) and gene-edited events.
Following three consecutive seasons of tight supply, favorable fall and winter conditions have been followed by abundant spring precipitation across Spain, with the notable exception of the eastern part of the country.
The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.
Rice export prices further increased 2-3 percent mainly due the strengthening of the Thai baht.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
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....
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.
Rice export prices increased 2-3 percent due to strong demand for Thai rice and the strengthening of the Thai baht.
The Canadian Food Inspection Agency published the finalized guidance document clarifying their position on novelty declarations and pre-market assessments for livestock feeds derived from crops developed through gene-editing.