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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.

Export prices decreased 1-2 percent due to further weakening of the Thai baht.

Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.

Export prices decreased 1-4 percent due to the further weakening of the Thai baht.

This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.

Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.

Export prices slightly increased due to the strengthening of the Thai baht.