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For MY 2017/18, total area and production levels for West Africa are estimated to increase 2.75 percent to 2.95 million 480 lb. bales assuming good weather and strong farm gate prices.
Demand for milk and other dairy products in Taiwan are forecast to remain stable or rise slightly in 2017.
On August 30, 2017, Taiwan completed its second U.S. rice Simultaneous-Buy and Sell (SBS) tender (GF4-106-094) for 13,100 tons at the price of NT$7.209/kg (US$239/ton).