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Export prices increased 2 percent as foreign buyers continued seeking Thai rice.
Export prices increased 2 percent due to the rapid strengthening of the Thai baht.
The Thai Cabinet has approved the draft Biodiversity Law in principle. The draft is in the legislative process and currently with the Council of State for review and approval on text. The Thai Food and Drug Administration finally published its two...
Export prices remain unchanged as the strengthening of the Thai baht offset reduced domestic prices.
FY2022 agricultural exports reach record levels.
Export prices increased one percent due to the strengthening of the Thai baht and strong export demand.
FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.
Rice export prices remain unchanged due to quiet trading activities.
The Cabinet agreed to allocate a budget of 60.36 billion baht (U.S. $1.98 billion) for three agricultural price subsidy programs for small rice and oil palm farmers.
Rice export prices remain unchanged as exporters are concerned about current exchange rate volatility.
While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent.
Thailand’s chicken production, domestic consumption, and exports are expected to further grow in 2019 and 2020.