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In a turnaround from 2015, the Thai broiler industry has enjoyed reduced production feed costs, favorable growth in exports, and profitable export prices during 2016.

Export prices declined about one percent as the government finalized the sale of 755,012 metric tons of food-grade and non-food grade rice from the recent tenders issued on August 29-30.

Export prices increased around one percent due to the recent government-to-government contract with the Philippines and new interest from foreign buyers due to low prices.

Export prices further declined one to two percent as the government is expected to sell around 0.9 million metric tons from through tenders on August 29-30.

MY2016/17 rice and corn crops are in good condition despite the planting delay as precipitation has returned to normal.

Export prices continued to decline five to six percent due to competition from Vietnamese rice and the anticipated sales of government’s rice stock tenders for one million metric tons which will be...

Export prices declined two to four percent in anticipation of the sales of government stocks and the harvest of new-crop rice in the next couple of weeks.

Export prices declined one to three percent due to lack of new inquiries.

The Thai Cabinet revised its Alternative Energy Development Plan in 2015, aiming to promote higher use of ethanol and biodiesel up to the year 2036 on a self-reliance basis.

Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25.

Export prices declined around one percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25.

Export prices increased 2 to 5 percent due to tight domestic supplies of white rice paddy and the strengthening of the Thai baht.