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Rice export prices remain unchanged due to quiet trading activities.
The Cabinet agreed to allocate a budget of 60.36 billion baht (U.S. $1.98 billion) for three agricultural price subsidy programs for small rice and oil palm farmers.
Rice export prices remain unchanged as exporters are concerned about current exchange rate volatility.
While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent.
Thailand’s chicken production, domestic consumption, and exports are expected to further grow in 2019 and 2020.
Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June.
Export prices declined around 1 percent in anticipation of additional sales of government stocks. The government expects to issue a new public tender in early June.
This week’s export prices declined 2-3 percent due mainly to further weakening of the Thai baht versus the U.S. dollars.
Export prices declined around 1 percent due to the weakening of the Thai baht. Traders expect the government will issue a new tender in late May.
The report is the pesticide maximum residue limit (MRL) legislation in Thailand. The list of banned pesticides is also updated as of April 30, 2015.
Larger MY2014/15 second off-season rice production will likely offset the impact of drought on the first off-season rice crop.
After rising for several weeks, rice prices declined to late March levels as supplies of offseason rice continue coming into the market.