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Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.
Australian winter crops have benefited from very favorable seasonal conditions, apart from some cases of frost and water-logging damage which are not expected to have a major impact on production...
Ministry of Agriculture Develops Program on Export of Agricultural Products… GOR to Maintain Support for Agriculture at 214 Billion in CY2017…
Post estimates Argentine wheat production for 2016/17 at 14.4 million tons, and exports at 8.3 million tons, both very similar to USDA.
As a result of favorable weather conditions, 2016 rice production (including feed rice) is estimated to increase slightly despite reduced planting area.
Export prices further declined one to two percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week.
Export prices increased two to four percent due to new enquiries for parboiled rice amid tight supplies of white rice paddy for parboiled rice production.
As a result of favorable weather conditions, 2016 rice production (including feed rice) is estimated to increase slightly despite reduced planting area.
For marketing year (MY) 2016/17 (May to April), Post’s rice production estimate remains flat at 34.5 million tons due to flooding that affected Aus rice production in northern, northeastern...
2015/2016 wheat production is estimated at 5.5 million metric tons (mmt) and is in good condition due to favorable weather in the south of Brazil.
Export prices further declined one to two percent due to the weakening Thai baht and low foreign demand.
On September 23, 2016, the Ministry of Finance notified the lowering of import on wheat from 25 percent to 10 percent (ad valorem on CIF value) till March 1, 2017.