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Thailand is one of the world’s leading agricultural suppliers, primarily due to its well-developed food processing sector.
The emergence of COVID-19 across the globe, including Thailand, is expected to negatively impact demand from both feed and food industries for most of 2020, leading to a reduction in consumption...
Rice export prices increased around 3 percent to a seven-year record high in response to Vietnam’s temporary ban on rice exports.
Rice export prices remain unchanged at high levels due mainly to new inquiries for immediate shipments driven by the coronavirus outbreaks.
Rice export prices further increased 2-4 percent to a six-year record high due to a continued surge in domestic rice paddy prices that offset the weakening of the Thai baht.
MY2020/21 rice and corn production are expected to recover to record levels following lower production levels in MY2019/20 caused by adverse weather conditions and pest outbreaks.
Rice export prices spiked 6-7 percent due to a strong demand for white and parboiled rice to fulfill contracted shipments, mainly to African countries.
Rice export prices increased 1 to 2 percent due to tighter supplies of white paddy rice and the strengthening of the Thai baht.
Rice export prices increased around 1 percent as upward domestic price pressure more than offset the weakening of the Thai baht.
Analysts predict that the current severe drought in Thailand will cause losses in agricultural production estimated at approximately 26 billion Thai Baht (U.S. $840 million)....
Rice export prices remain unchanged at high levels due to tight domestic supplies.
Rice export prices remained unchanged, expect for parboiled rice prices, which increased 1 percent as exporters are fulfilling their shipment contracts to African countries....