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- (-) November 2021
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The Ministry of Natural Resources and Environment (MONRE) has yet to send the draft Biodiversity Law, which includes biosafety regulations covering research, field trial, and commercialization for genetically engineered plant, animal, and microorganisms, to the Cabinet for approval.
Rice export prices of most grades of rice increased 1-2 percent.
Post forecasts MY2021/22 rice production to increase to 21 million metric tons despite flooding. Posts expects Thai rice exports to increase to 5.8 million metric tons in 2021.
Rice export prices of most grades of rice decreased 1-2 percent following domestic rice prices.
FY2021 agricultural exports reach record levels.
Rice export prices of all grades of rice decreased 2 percent.
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.
The report provides an update on the Biosafety Act legislation in Thailand. The report also provides information on possible labeling regulation changes for manufactured/imported foods containing...