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Export prices increased 1 to 4 percent due to announcement of a smaller-than-expected rice tender by the government.
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.
Export prices declined 2 percent due to new supplies of off-season rice harvest and anticipated sales of government rice stocks.
Export prices declined slightly as new off-season rice supplies entered the market. The government plans to issue a new public tender for rice stocks in early September.
Forecast rice exports for 2014 are revised up to 9.5 million metric tons.
In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.
The UK presents strong market opportunities for many U.S. consumer-oriented products.
Export prices increased 1 to 4 percent due to tight domestic supplies. The government’s approval of its rice stock sales was lower than market expectations.
Export prices increased 1 to 2 percent due to tight domestic supplies. The government has not finalized last week’s public tender.
Imports of yellow corn, rice, and wheat are expected to be strong based on rising domestic food demand, continued requirements of the animal feed industry, and reductions in domestic production.
Vietnam rice export prices decreased for 5 and 10 percent broken rice last week. This is due to the ban from the Chinese authority for unofficial cross border rice sales from Vietnam.
Panama has approved the imports of GM corn seeds for local production, and has conducted GM mosquitoes and salmon field tests.