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- (-) November 2023
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Post increased the MY2023/23 rice production forecast to 19.9 MMT to reflect greater water availability than previously projected for the MY2023/24 off-season rice crop. The forecasts for MY2023/24 corn production and imports and MY2023/24 wheat...
Export rice prices increased 3-13 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.
Export rice prices fell by 1-3 percent as the Thai baht weakened and new paddy rice crop entered the market.
Export rice prices rose 1-2 percent due to the strengthening of the Thai baht.
Export rice prices dropped 1-3 percent despite the strengthening of the Thai baht as the new crop MY2023/24 paddy rice entered the market.
Rice export prices increased 4 percent as exporters are fulfilling large-volume contracted shipments.
The overall Thai economy is projected to slow down significantly due to the COVID-19 pandemic.
The outbreak of COVID-19 led to a decline in domestic demand for several food products, while other products experienced a surge in demand and temporary benefits.
The COVID-19 outbreak beginning in January 2020 is now under control, but the economy is moving towards recession as businesses lose revenue and households lose income from supply chain disruption...
The Thai Food and Drug Administration (FDA) has issued guidelines to test imported fresh produce for pesticide residues according to the Notification of the Ministry of Public Health No. 387...
Thai and Vietnam rice prices converged after a 7-8 percent further reduction in Thai rice export prices this week.
The Thai Food and Drug Administration (TFDA) opened a public comment period on the Ministry of Public Health (MOPH)’s draft Notification Re: Food Containing Pesticide Residues (Pesticide Residues...