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Post forecasts Burmese rice exports higher in September with increasing demand for Burmese rice due to India’s policies restricting rice exports. Despite larger domestic rice supplies from the new rice crop, domestic prices for both Emata and Shwe Bo Pawsan rose significantly. The depreciation of the Myanmar kyat and high production costs have continued putting upward pressure on domestic rice prices.

In March 2021, Burma’s rice exports are forecast to be weak and largely unrecorded due to widespread instability following the February 1, 2021 military coup.

Following the February 1, 2021 coup by the Burmese military, agricultural trade has been crippled due to country-wide peaceful protests in opposition to the military’s actions...

Since Burma initiated a series of political and economic reforms in 2011, U.S. agricultural exports have grown over 80-fold, reaching a record $174 million in 2019 and $167 million in 2020.