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This report lists certificates required by Thai government agencies for U.S. products exported to Thailand.
With a large tender for government stocks announced this week, export prices for most grades of rice declined marginally
Export prices for Thai rice further declined this week $5.00-9.00/ton across the board due mainly to inactive export demand and slightly depreciated Thai currency.
Export prices were steady due to quiet trading during the Luna New Year holidays. Also, traders are awaiting the Government stocks tender on February 16-17.
MY2015/16 rice production is further revised down due to lower-than-expected off-season rice planting caused by limited irrigation availability.
Post estimates wheat production for 2015/16 at 10.8 million metric tons (MMT), 300,000 tons higher than USDA.
Export prices increased further due to current tight domestic market supplies and concern about drought.
2015/2016 soybean production is revised up to 58.5 million tons on good crop conditions resulting in higher yields.
The GOA Ministry of Production revoked the requirement for pre-approval of labels for food and beverages by the Secretariat of Commerce.