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Thai rice prices are under downward pressure as supplies of MY2020/21 main-crop rice began entering the market.
Rice export prices remain unchanged.
On September 21, 2020, the Government of India raised the minimum support prices (MSP) for the select upcoming rabi (winter-planted) crops, including wheat.
At just over 299 MMT, the total MY2020/21 EU grain crop is nearly 450,000 MT higher than the previous forecast, with a near 2 MMT lowering of corn production more than offset by higher mixed grain...
The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
Rice export prices for most grades of rice increased 3-4 percent due to new inquiries for white and parboiled rice.
MY2020/21 wheat production is forecast at 17.4 million tons, 8 percent lower than USDA due to weather losses, reducing exports to 11.2 million tons.
Rice export prices further declined 4-6 percent as new crop rice supplies are entering the market.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
Post reduced its marketing year 2020/2021 (MY20/21) rice production estimates to 3,235 thousand hectares (THA) and 9.36 million metric tons (MMT), lower than the USDA official numbers...
Although the United States continues to be the main sourcing option for Colombian importers of corn and rice in marketing year (MY) 2020/21, it may face competition from...