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- (-) August 2017
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MY2017/18 rice and corn production is minimally affected by flooding during July – August 2017.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
Export prices declined 1 percent due to a lack of new inquiries.
On July 24, 2017, Thailand and New Zealand reached an agreement to increase market access for New Zealand dairy exports to Thailand.
Updated import duties of Euro 5.16 per metric ton are applied on corn, sorghum and rye from August 8, 2017.
Export prices remain under downward pressure as supplies of MY2016/17 off-season rice are entering the market.
The EU28 grain harvest is now under way in most Member States.
Export prices further declined two to three percent largely due to a lack of new inquiries. Additionally, the results of the July 25 Philippine import tender has put downward pressure on Thai rice....
MY2016/17 rice and corn production is well underway due to favorable precipitation.