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Rice export prices remain unchanged as trading activities slowed down ahead of the Thai New Year holiday and the Thai baht continues to depreciate against the U.S. dollar.
MY2021/22 sugar production is expected to recover to 10.6 MMT following two consecutive years of dramatically reduced production due to drought.
The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22
Rice export prices further declined 1-3 percent due to declining domestic prices and the continued depreciation of the Thai baht against the U
The food and beverage industry is among the fast-growing industries in Thailand and is the country’s third largest industry, contributing 21 percent to the country’s Gross Domestic Product (GDP).
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
On January 25, 2021, the Ministry of Public Health (MOPH) published a ministerial regulation allowing for the commercial production and use of hemp.
Rice export prices declined 1-3 percent reflecting the weakening of the Thai baht.
MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.
Rice export prices declined 1-3 percent reflecting the weakening of the Thai baht.
MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.
Rice production and exports are expected to recover in 2022. MY2021/22 corn consumption is forecast to slow down due to a shrinking supply of locally produced corn and tighter supplies of imported...