Browse Data and Analysis

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.

There were no significant changes to the Nicaraguan biotechnology regulatory regime in 2023. Nicaraguan biotechnology legislation lacks implementing regulations that would open additional opportunities for farmers and food processors to integrate new technologies into their operations.

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.