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Export and domestic prices of Thai rice increased one percent due to the strengthening of the Thai baht and strong demand for Thai rice.
Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.
Export and domestic prices of Thai rice increased one percent due to the strengthening of the Thai baht
Milled rice production for MY 2023/24 is projected at 1.2 million metric tons (MMT) an 11 percent increase from MY 2021/22. Post projects milled rice production for MY 2022/23 at 1.1 MMT, a 3 percent increase from MY 2021/22.
FAS New Delhi's (Post) market year (MY) 2023/2024 wheat production forecast is raised to a record 110 million metric tons (MMT) on reported higher-than-earlier expected yields despite some weather incidences.
Export prices of Thai rice increased 1-2 percent due to the strengthening of the Thai baht and the upward pressure on domestic rice prices.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
Rice export prices declined 2-5 percent due mainly to the weakening of the Thai baht.
This report outlines the Philippine government requirements for the importation of rice, including significant developments since 2022, when the government generally stopped approving issuances of the Sanitary-Phytosanitary Import Clearance (SPSIC) import permit.
Rice export prices declined 2-5 percent as new supplies of MY2022/23 off-season rice entered the market.
India’s upcoming rabi (winter sown, spring harvested) crop acreages has been boosted to record levels on adequate 2022 monsoon rains in October and generally favorable weather conditions.
Rice export prices dropped 1-2 percent due to the weakening of the Thai baht and new supplies of MY2022/23 off-season rice.