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U.S. rough rice exports have plummeted and the decline of Costa Rican rice production has accelerated sharply following the Government of Costa Rica’s August 2022 tariff rate reduction on imported rice from all origins.

Export prices further decreased 3-4 percent as downward price pressure from new supplies of MY2022/23 off-season rice offset the strengthening of the Thai baht.

With the late arrival of monsoon rains in Bangladesh, Post lowers its forecasts of rice harvested area and production in marketing year (MY) 2023/24, on decreased aus and aman season rice cultivation.

Export prices decreased 1-2 percent due to the Thai baht hitting the lowest point in a month.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).

On July 28, 2023, the Government of Mexico (GOM) notified a revised NOM-187 to the World Trade Organization and opened a 60-day comment period. NOM-187 establishes the sanitary and commercial requirements for products made from nixtamalized corn and for the establishments that produce these products.

Export prices further increased 3-6 percent due to the panic buying reaction from the India’s rice export ban.

Located on the west coast of southern Africa, Angola borders the four nations of the Democratic Republic of the Congo, the Republic of the Congo, Namibia, and Zambia. Approximately 10 percent of arable land is used for agriculture, with food production falling short of consumer demand, making Angola reliant on imports to meet its needs.

Export prices increased 4-10 percent due to the strengthening of the Thai baht and the panic buying reaction from the India’s rice export ban.

The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.

Weather conditions ranging from excessive heat to cooler than average temperatures, and from drought to excessive moisture, have curbed MY 2023/24 EU winter grain production expectations.

Economic slowdowns in Indonesia’s export destination countries curbed Indonesia’s imports and consumption of wheat.