Thailand: Grain and Feed Update
MY2017/18 corn production is revised up to 5 million metric tons which is 4 percent lower than production in MY2016/17. The MY2017/18 rice production forecast remains unchanged as the offseason rice acreage expansion in irrigated areas will likely offset the acreage reduction in non-irrigated areas where some farmers have shifted to corn. Thai rice exports reached a record 11.6 million metric tons in 2017, but Thailand is unlikely to maintain this level of exports in 2018.
