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- (-) June 2015
- (-) November 2014
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Export prices increased 1 to 4 percent due to foreign buyers’ concerns over the drought situation in main-crop rice growing areas.
Export prices declined around 1 percent with results of the tender for 1.1 million metric tons of government stocks still pending.
Export prices declined 2 to 3 percent in anticipation of the sales of government stocks through a public tender for around 1.1 million metric tons on June 15.
MY2014/15 second off-season rice harvest is underway while MY2015/16 main-crop rice cultivation is progressing well.
Export prices are steady this week due to quiet trading as traders await announcement of a new public tender for government stocks and the result of the Philippines’ tender.
Cotton consumption and imports by Thailand are estimated to decline in MY 2014/15.
Export prices declined 1-3 percent due to the seasonal peak of main-crop rice supplies.
USDA, represented by APHIS and FAS, successfully negotiated new import protocols for meat and bone meal (MBM) with the Thai government.
Post approached the Thai Department of Livestock Development to consider waiving specific requirements for the import of meat and meat products used for ship stores.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
Export prices remained unchanged. The government is likely to consider the on-farm pledging program for MY2014/15 main-crop fragrant and glutinous rice paddy this week.
Export prices for most grades of white rice remained unchanged. The government sold 203,000 metric tons of rice stocks as expected by traders last week.