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- (-) May 2021
- (-) Thailand
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Export prices for all rice grades remain unchanged from the previous week.
The Thai Food and Drug Administration updated its approved list of good handling practice standards for exports of U.S. fresh fruits and vegetables to Thailand.
Export prices for all grades of rice remain unchanged from the previous week.
Coffee production for marketing year (MY) 2021/22 (April to March) is forecast at 261,000 60-kilogram (kg) bags of Green Bean Equivalent (GBE) basis, an increase of two percent over the MY 2020/2021 estimate of 255,000 60-kg bags.
Export prices for white and parboiled rice are still trending upward, with new inquiries from African markets and increased demand for glutinous rice from Asian markets.
Export prices for white and parboiled rice increased by 2-3 percent from the previous week as demand from African markets remained strong.
As Ecuador's sugar supply and demand find an equilibrium, ethanol production and a possible increase in the ethanol blend rate could help to absorb some excess sugar supply.