Browse Data and Analysis

Rice export prices increased 2-3 percent, reflecting new inquiries that offset the depreciation of the Thai baht.

Rice export prices increased 2-3 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.

Post forecasts MY2022/23 cotton imports to increase 4 percent but remain well below the 5-year average annual import demand from MY2017/18 – MY2021/22 in anticipation of slow economic recovery in 2023.

Post forecasts that MY2023/24 rice production will reach a five-year record of 20.4 million metric tons due to abundant water supplies and attractive farm-gate prices.

Rice export prices decreased 1 percent as new supplies of MY2022/23 off-season rice continued entering the market.

Rice export prices increased 1 percent.

Rice export prices declined 1-2 percent due to the weakening of the Thai baht.

Export prices further declined 1 to 2 percent as supplies of new off-season rice continue coming into the market.

Export prices declined 2 to 3 percent due to rumors of large sales of government stocks and the weakening Thai baht over the past week.

MY2015/16 rice and corn production is expected to increase slightly due to average yield improvement that will offset anticipated acreage reduction.

In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”

Export prices continued to decline around 1 percent in anticipation of higher-than-expected sales of government rice stocks.