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Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.
The successful physical U.S. pavilion at Thaifex Anuga Asia 2022 featured a variety of U.S. food and beverages products and partnered with nine U.S. cooperators and one state department of agriculture as well as 16 importers. Thaifex Anuga Asia was well attended this year with over 51,000 visitors.
Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.
Rice export prices remain unchanged despite the strengthening of the Thai baht.
Rice export prices increased one percent due to the strengthening of the Thai baht.
Export prices declined approximately one percent due to the lack of new inquiries during the Chinese New Year holiday season.
MY2016/17 rice and corn production is likely to increase significantly due to the recovery of off-season production. Feed wheat and DDGS imports face additional trade barriers.
Export prices further declined one percent due to a lack of new inquiries.
Thailand’s Ministry of Public Health issued a regulation that revises the maximum allowable levels of certain food additives.
Export prices increased one to two percent mainly due to new inquiries for old-crop white rice from African countries.
This report is a helpful reference for those seeking to understand the history of Thailand’s price support programs. It summarizes how Thailand’s rice policies have changed over the past decade.