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Export prices of white and parboiled rice further decreased 4-5 percent.
Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.
On July 21, 2021, the Philippines became the first country in the world to approve Golden Rice for commercial propagation, which aims to reduce malnutrition.
Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.
Grain production in Australia is set for a second consecutive big year of production after two years of drought.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Wheat imports for 2020/21 are revised downward to 9.5 million tons from the previous estimate of 10.0 million tons, reflecting lower inclusion rates in feed rations.
The 2021 monsoon kicked off with some force in June, reaching four-fifths of the Indian subcontinent.
Export prices of all grades of rice decreased 2-3 percent due to a further weakening of the Thai baht against the U.S. dollar caused by increasing concerns of the current COVID-19 situation in Thailand.
Export prices of white and parboiled rice decreased 2-3 percent due to the further weakening of the Thai baht against the U.S. dollar.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
Pakistan’s MY 2021/22 wheat production is estimated at a record 27 million metric tons (MMT).