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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 rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.
The first advance planted area estimates for 2016 indicate that a normal monsoon led to a marginal increase in overall Kharif season planting area. While the area seeded under pulses increased...
On November 10, Taiwan completed a normal tender (GF4-105-131) for 13,000 tons of U.S. medium or short grain brown rice. Taiwan has completed 77 percent of the 2016 U.S. Rice Country Specific...
Export prices further declined approximately one percent due mainly to the weakening of the Thai Baht. Domestic prices remain under downward pressure.