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Israel is almost completely dependent on imports to meet its grain and feed needs.

Export prices of white and parboiled rice further declined by 1 to 2 percent while prices for fragrant rice continued to increase.

Export prices declined significantly by 5 to 10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks.

Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies.

Despite the further strengthening Thai baht, export prices of white rice declined 1 percent due to no new inquiries.

On December 25, 2017, the Israeli parliament’s Labor, Welfare and Health Committee approved new regulations requiring front of pack labeling for most prepackaged food products.