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Export prices increased around one percent due to the strengthening Thai baht.
For 2016/17 total overall imports of corn into Malaysia are forecast to drop to 3.8 million tons.Even so, U.S. exports of corn are likely to increase to 150,000 tons....
On March 8, 2017, Taiwan completed the first tranche of the 2017 U.S. rice Simultaneous Buy and Sell (SBS) tender GF4-106-015 for 18,500 tons.
In 2016, U.S. corn dominated the Colombian market supplying 99.6% of imports due to trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA).
Export prices remain unchanged as the strengthening Thai baht offset the downward pressure on domestic prices from the seasonal harvest of off-season rice.
FAS/Nairobi forecasts an increase in Kenya’s corn, wheat and rice production in the marketing year (MY) 2017/2018 mainly due to a recovery from the effects of the severe drought conditions....
Export prices declined one to two percent due to the weakening of the Thai baht and anticipation for the upcoming tender for feed-quality rice stocks, which will be issued on March 23.
Given the competitiveness of U.S. corn, wheat and rice prices, Japanese demand for these grains has remained strong.
South Africa should return to being a net exporter of corn in the 2017/18 MY and 2016/17 MY on higher production.
MY 2017/18 wheat imports are forecast at 11.5 million metric tons (MMT).
Excessive rains caused by a coastal El Niño are causing flooding and landslides throughout Peru.
Wheat imports are forecast to rise 650,000 tons to 5.5 million tons in market year (MY) 16/17 and increase to 5.65 million tons in MY 17/18 due to an expanding population, economic growth ....