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Rice export prices declined 2-5 percent due mainly to the weakening of the Thai baht.
This report outlines the Philippine government requirements for the importation of rice, including significant developments since 2022, when the government generally stopped approving issuances of the Sanitary-Phytosanitary Import Clearance (SPSIC) import permit.
Rice export prices declined 2-5 percent as new supplies of MY2022/23 off-season rice entered the market.
India’s upcoming rabi (winter sown, spring harvested) crop acreages has been boosted to record levels on adequate 2022 monsoon rains in October and generally favorable weather conditions.
Rice export prices dropped 1-2 percent due to the weakening of the Thai baht and new supplies of MY2022/23 off-season rice.
Wheat exports for marketing year (MY) 2022-2023 are forecast at 6.2 million tons (including wheat flour), 1.3 million tons lower than USDA’s official volume because of smaller beginning stocks, larger domestic consumption and larger ending stocks.
Rice export prices increased slightly despite the weakening of the Thai baht.
This report provides updates to the Korea Rice Production 2022 report issued by FAS/Seoul on June 28, 2022, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2022.
The People’s Republic of China (PRC) will re-start old crop rice auctions for feed use beginning in March 2023 to rotate out older stocks, to provide grain alternatives, and to temper rising feed grain prices.
FAS Bangkok revised its forecasts for MY2022/23 rice production higher to 20.2 million metric tons due to abundant water supplies and attractive farm-gate prices for off-season rice production. Thai rice exports in 2022 were higher than expected at 7...
Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT.
he UK presents strong market opportunities for many U.S. consumer-oriented products.