Browse Data and Analysis

Rice export prices remain high due to the strengthening of the Thai baht and an upward pressure on domestic rice prices.

Rice export prices declined 3-5 percent due to a lack of new inquiries.

Philippine economic planners expect the gross domestic product to contract by 2.0 to 3.4 percent in 2020 due to the strict quarantine conditions in response to the coronavirus disease 2019...

Iraqi grain production may not rebound in a similar pattern in MY 2020/21 as it did in MY 2019/20 due to a shortage of rainfall coupled with impact of the COVID-19 outbreak on Iraq’s oil-dependent...

Rice export prices further increased 1-2 percent as exporters had to cover their exchange rate risk from the strengthening of the Thai baht.

On May 12, 2020, China notified the National Food Safety Standard for Quick-Frozen Flour and Rice Products and Quick-Frozen Prepared Foods (Draft for Comments) to the WTO SPS Committee...

MY2020/21 rice production is forecast to recover to 1.7 million metric tons after several years of below average production due to adverse weather conditions.

Rice export prices further increased 2 percent as exporters continued to fulfill large contracted shipments. The Thai government participated in the Philippines’ tender on June 8.

U.S. rice was one of a number of U.S. agricultural products that received new or expanded access under the U.S.-China Economic and Trade Agreement, which was signed on January 15, 2020.

On April 21, 2020, the Korean government released the final version of a new subsidy program for rice producers to replace the existing direct payment program.

Rice export prices further increased 1 percent as exporters continue to fulfill large contracted shipments.

On May 15, 2020, the Ministry of Agriculture and Farmers Welfare (MoAFW) raised the third advance estimates of production of grains for the Indian crop year (ICY) 2019/20 (July-June) to a record...