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This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.

Post forecasts lower rice exports in August due to the closure of all border checkpoints along the Burma-China border and poor demand from African and EU countries.

Export prices of all grades of rice increased 2-5 percent due to new inquiries and the strengthening of the Thai baht.

Sri Lanka's National Plant Quarantine Service (NPQS) (national authority) has revised wheat grains import regulations. Previously the national authority had issued a blanket approval for the import of wheat for flour milling for human consumption.

Export prices of some grades of white rice increased one percent due to new inquiries and the strengthening of the Thai baht.

Burma’s corn production is estimated at 2.57 million metric tons in both MY 2020/21 and MY 2021/22 due to high price incentives.

Zambia produced its largest corn crop on record in the 2021/22 MY. This bumper corn crop of 3.6 million tons follows on Zambia’s third largest corn crop of 3.4 million tons produced in the 2020/21 MY.

Export prices of all grades of rice decreased 1-2 percent due to limited new inquiries and a further weakening of the Thai baht against the U.S. dollar.

On April 15, 2021, the Saudi government represented by the Saudi Grains Organization (SAGO) handed back the barley imports and distribution business to the private sector by selling 1.84 million metric tons (MMT) of barley through an open and competitive bidding process to six local grain traders.

Export prices of white and parboiled rice further decreased one percent due to weak export demand.

Global prices for wheat and rice have risen during the past year due to lower production, export restrictions among major suppliers, and strong foreign demand.