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Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.

Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.

Continued growth in Thailand livestock and poultry sectors is fueling larger-than-expected growth in soy protein demand.

Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement.

Water restrictions for MY2015/16 off-season rice remain in place as current water supplies available for all uses are far below 2014.

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.