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Rice export prices further dropped 1-2 percent despite the strengthening of the Thai baht.

Reflecting recently released government of Pakistan official data, the 2024/25 wheat production estimate is increased to a record 31.4 million tons.

Rice export prices further dropped one percent due to the weakening of the Thai baht.

Following a year of exceptional drought conditions in marketing year (MY) 2023/2024, the outlook for Mexican grain production in MY 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on producer expectations for a gradual recovery to average precipitation levels.

Rice export prices dropped one percent due to the weakening of the Thai baht.

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.

On June 4, a Costa Rican court restored the Chaves administration's policy of dramatically lower tariffs on imported milled and rough rice, overturning an earlier court ruling that reversed the lower tariffs in April 2024.

Rice export prices increased one percent due to the strengthening of the Thai baht.

On April 15, 2024, the Indian Metrological Department (IMD) predicted above normal 2024 monsoon rains. FAS New Delhi (Post) market year (MY) 2024/2025 (April-March) wheat production is forecast at a record 114 million metric tons (MMT), same as the U.S. Department of Agriculture (USDA) official forecast, on higher than initially expected yields in the northern Indian states due to favorable weather through the harvest.

Export prices declined slightly due to continued weakening of Thai baht currency and pressure from the competition of Vietnamese rice.

Flood inundated more than 400,000 hectares of farmland including 393,031 hectares of monsoon paddy fields and about 72,064 hectare of other crops such as corn, sesame and pulses...