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Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.
Post forecast Burmese rice exports lower in May due to slow business activities along with changing trade and exchange rate policies and high domestic prices. Domestic prices for Emata increased in May due to high transportation costs and a smaller domestic supply as exporters fulfilled advanced sale contracts. Domestic prices for Shwe Bo Pawsan remained unchanged.
Rice export prices increased around 1 percent from the previous week due to strong demand for white and parboiled Thai rice.
Export prices of white rice increased 7-8 percent from the previous week despite a further weakening of the Thai baht.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
Rice export prices for most grades of rice increased 3-4 percent due to new inquiries for white and parboiled rice.
MY2020/21 wheat production is forecast at 17.4 million tons, 8 percent lower than USDA due to weather losses, reducing exports to 11.2 million tons.
Rice export prices further declined 4-6 percent as new crop rice supplies are entering the market.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
Post reduced its marketing year 2020/2021 (MY20/21) rice production estimates to 3,235 thousand hectares (THA) and 9.36 million metric tons (MMT), lower than the USDA official numbers...
Although the United States continues to be the main sourcing option for Colombian importers of corn and rice in marketing year (MY) 2020/21, it may face competition from...