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Rice production and exports are expected to recover in 2022.

Rice production and exports are expected to recover in 2022. MY2021/22 corn consumption is forecast to slow down due to a shrinking supply of locally produced corn and tighter supplies of imported...

Rice export prices remain unchanged as the weakening of the Thai Baht was offset by an upward pressure on rice prices

Rice export prices declined 1-2 percent for all varieties as off-season rice supplies continued entering the market, putting downward pressure on domestic prices.

Rice production and exports are expected to recover in 2022. MY2021/22 corn consumption is forecast to slow down due to a shrinking supply of locally produced corn and tighter supplies of imported...

Rice export prices further declined 1-2 percent as off-season rice supplies continued entering the market and the Thai baht continued to weaken against the U.S. dollar.

Rice export prices further declined 2-3 percent as off-season rice supplies started entering the market.

Export prices increased approximately 1 percent as exporters are seeking white rice supplies for the new shipments under the government-to-government agreement with China.

Export prices were steady over the past week. The Ministry of Energy is considering conducting a feasibility study on the use of non-food grade rice stocks for ethanol production.

Export prices increased one to three percent mainly due to a correction in domestic prices. New inquiries over the past week were limited to just small shipments.

Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.

The majority of main-crop rice and corn supplies have entered the market creating downward pressure on farm-gate prices.