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Marketing year 2023/2024 wheat production is expected to drop sharply to around three-quarters of last year’s level as a result of the June drought and excessive rains in the fall of 2023 that affected Kazakhstan’s major grain producing Northern region.
Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Rice export prices decreased 1-3 percent mainly due to further weakening of the Thai baht.
Rice export prices decreased 1-3 percent as the Thai baht weakened.
MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.
Rice export prices decreased one percent despite the strengthening of the Thai baht.
Argentine wheat production for marketing year (MY) 2023/2024 is estimated at 15.4 million tons, 400,000 tons higher than USDA official as yields were higher in the final phase than earlier expected. Corn production for MY 2023/2024 is projected at 57...
Wheat, corn, and barley production in MY 2023/24 are forecast at or near record levels due to favorable weather during much of the growing season. Consequently, import demand for these three grains is projected lower year-to-year. Similarly, rice...
Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice.
On May 6, Taiwan completed a normal tender GF4-105-041 for 1,000 MT of U.S. short grain milled glutinous rice.
Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply.
Export prices were unchanged over the week of April 30-May 6, 2016, compared to the previous week. Prices were firm at high levels possibly due to the support of the border trade demand from China.