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The Thai Food and Drug Administration (Thai FDA) issued its annual revision to its pesticide residue monitoring program for fresh produce. The protocol remains the same in practice; however, the fresh produce that are considered “high risk” have...
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
Export prices of all grades of rice decreased 4-5 percent.
Export prices of white and parboiled rice decreased slightly despite the appreciation of the Thai baht against the U.S. dollar due to a lack of new inquiries.
Post forecasts MY 2021/22 production, demand, and trade for rice, corn, and wheat.
Export prices for all grades of rice decreased around one percent from the previous week due to a lack of new inquiries.
Biofuel consumption is expected to remain below target due to the prolonged outbreak of COVID-19 in 2021.
Export prices for all grades of rice decreased from the previous week as trade activities slowed and the Thai baht appreciated against the U.S. dollar.
Rice export prices declined 1 percent as exporters have secured sufficient white rice supplies to fulfill the shipments for the two November Philippine tenders.
MY2018/19 cotton imports are expected to increase slightly in line with increased yarn production.
Rice export prices increased 1 percent due to the strengthening Thai baht and white rice purchases from China and the Philippines.