Browse Data and Analysis

Rice export prices remain unchanged as traders are waiting for the sale of the government retenders for the remaining rice stocks on August 29-30.

MY2018/19 rice and corn production should increase due to expanded acreage and favorable weather conditions.

Rice export prices declined around 1 percent due to a lack of new inquiries as traders are awaiting the results of the last government rice tenders in 2018.

Post projects milled rice production for MY 2018/19 at 1.45 million metric tons (MMT), unchanged from the April 2018 report.

Rice production in Guyana continues to trend upward bolstered by innovation, technology transfer, agricultural extension and greater market demand from trade.

Rice export prices increased 2 to 3 percent in anticipation of new white rice demand from China.

Rice export prices further increased 1 to 2 percent due to the demand for white rice from China and the Philippines.

Turkey reduced the import tariff on Brans under HS code 2302 from 5 percent to 0 percent according to a governmental decree.

For marketing year (MY) 2018/19 (May to April), Post’s forecast for total rice area and production is revised down to 11.6 million hectares and 34.4 million tons on slightly lower....

Rice export prices declined 1 percent due to the lack of new inquiries. Exporters are reportedly fulfilling pending shipments of white rice to the Philippines and Africa.

Pakistan’s 2018/19 wheat production is estimated at 26.3 million metric tons (MMT), 800,000 tons higher than current USDA estimate.

Domestic and export rice prices remain unchanged. Exporters are currently fulfilling pending rice shipments to Africa and the Philippines.