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The COVID-19 health crisis continues to change the behavior of consumers and shaping new trends in the food and restaurant industry. Restaurants and retail stores are producing new products and services that are based on the consumer trends towards health and wellness.
Rice export prices decreased 2-3 percent due to the weakening of the Thai baht and new supplies of MY2021/22 off-season rice entering the market.
Rice export prices increased 1-4 percent due to the strengthening of the Thai baht.
Export prices of most grades of rice declined 2-5 percent despite the strengthening of the Thai baht.
Export prices of white rice increased 1 percent due to the strengthening of the Thai baht.
Rice prices remain unchanged despite the weakening of the Thai baht as most businesses were closed for the Lunar New Year holiday.
Post forecasts a 31-percent increase in Thai rice exports and a 17-percent decline in corn imports.
Export rice prices increased 2-5 percent from the previous week.
FAS/Bangkok successfully negotiated with the Thai Food and Drug Administration to accept the Global Seafood Alliance’s Best Aquaculture Practices (BAP) seafood processing standard – Issue – 5.1 for U.S. seafood exports to Thailand.
Rice export prices increased 5-6 percent mainly due to the strengthening of the Thai baht and new inquires.
This report lists certificates required by Thai government agencies for U.S. products exported to Thailand, including fruit and vegetables, live animals, beef, canned or preserved meat and poultry products, other processed meat products, processed or frozen seafood, hides and skins, distillers dried grains, live animals, and any food that undergoes a production process (i.e., make, mix, prepare and re-packing).
ASF outbreak was officially confirmed in Thailand on January 11, 2022. Swine production is expected to decline by 35-40 percent in 2022, causing an upward price pressure on pork meat which is expected to increase around 30 percent compared to 2021.