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- (-) April 2016
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Production of wheat in MY 2016/17 is forecast to decrease based on lower production area under this crop planted in Autumn 2015.
Export prices increased around 1 percent due to the strengthening of the Thai baht and tight domestic supplies.
Sugar beet and sugar production in Ukraine is expected to decrease in marketing year 2015/16 in response to the current economic situation in the country.
Export prices increased slightly due mainly to the strengthening of the Thai baht despite quiet trading during the Thai New Year holiday.
MY2016/17 sugar production is forecast to increase moderately to 10 million metric tons while sugarcane production in MY2015/16 is likely to decrease as a result of severe drought.
MY2016/17 cotton imports are forecast to increase only slightly from the downturn in MY2013/14.
Export prices increased slightly due mainly to currency fluctuation. Traders are awaiting the result of the food and non-food grade rice tenders, which were issued last week.
Export prices declined 1 percent due mainly to the weakening of the Thai baht.