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Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.

Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.

The successful physical U.S. pavilion at Thaifex Anuga Asia 2022 featured a variety of U.S. food and beverages products and partnered with nine U.S. cooperators and one state department of agriculture as well as 16 importers. Thaifex Anuga Asia was well attended this year with over 51,000 visitors.

Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.

Rice export prices remain unchanged despite the strengthening of the Thai baht.

Rice export prices increased one percent due to the strengthening of the Thai baht.

Rice export prices remain high due to the strengthening of the Thai baht and an upward pressure on domestic rice prices.

Rice export prices declined 3-5 percent due to a lack of new inquiries.

Rice export prices further increased 1-2 percent as exporters had to cover their exchange rate risk from the strengthening of the Thai baht.

Rice export prices further increased 2 percent as exporters continued to fulfill large contracted shipments. The Thai government participated in the Philippines’ tender on June 8.

Rice export prices further increased 1 percent as exporters continue to fulfill large contracted shipments.

This report updates details of Thailand’s pesticide residues monitoring measures on fresh produce by the Thai Food and Drug Administration (FDA) as of June 1, 2020.