Browse Data and Analysis

Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.

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

The successful physical U.S. pavilion at Thaifex Anuga Asia 2022 featured a variety of U.S. food and beverages products and partnered with nine U.S. cooperators and one state department of agriculture as well as 16 importers. Thaifex Anuga Asia was well attended this year with over 51,000 visitors.

Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.

Rice export prices remain unchanged despite the strengthening of the Thai baht.

Rice export prices increased one percent due to the strengthening of the Thai baht.

MOF issued a Notification in the Royal Gazette detailing the preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported wood products.

Export prices declined slightly as supplies of off-season rice continue coming into the market. Also, inquiries for Thai rice are quiet as Vietnamese rice is 5 to 10 percent cheaper.

The government agricultural restructuring program will likely increase MY2015/16 sugar production to 11.4 million metric tons, and sugar exports to around 9 million metric tons.

Export prices are expected to be stable through the week of April 13 due to quiet trading during the long Thai New Year’s holidays.

Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.