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Post lowers its MY2014/15 Indonesian rice production estimate to 35.56 MMT from the previous estimate of 35.76 MMT milled rice equivalent...
Export prices were virtually unchanged due to quiet trading.
Italy is the largest rice producer in the EU-28.
China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.
Export prices were virtually unchanged due to lack of new inquiries during the holiday season.
News and consumer trends in South Korea’s food market.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.
Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized.
Post’s MY 2015/16 milled rice production forecast has been lowered to 100 million metric tons (MMT) on lower yields due to below normal 2015 monsoon.
Water supplies for dry season are the lowest in history. Farmers continued to plant off-season rice despite a Government ban.
Export prices remained unchanged. Thirteen bidders participated in the first public tender for non-food grade rice for industrial uses on December 1.
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.