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Post forecasts higher Burmese rice exports in December. This forecast anticipates active demand from Africa, China, and EU countries during the new crop harvest and the reopening of Burma-China border gates.
Rice export prices remained unchanged from previous week.
On November 8, 2021, the Indian government’s Food Safety and Standards Authority of India published amendments to the Food Safety and Standards (Food Product Standards and Food Additives) Regulations (2011) in the Official Gazette of India (notification No. 1-116/Scientific Committee/Notif.28.4/2010-FSSAI (1) (Pt.F)).
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht against the U.S. dollar that offset the upward pressure on current domestic prices of paddy rice.
On December 1, 2021, Taiwan completed the last tender for approximately 12,000 MT of U.S. long grain brown rice, thus concluding tenders for 2021 country specific quota (CSQ) for U.S. rice.
The Government of Bangladesh has demonstrated a willingness to adopt and implement a modern agricultural policy framework and guidelines which support the safe and appropriate use of science and technology, including biotechnology, to address the...
On December 6, 2021, China’s National Crop Variety Registration Committee (NCVRC) published its National Registration Standards for Genetically Engineered Soybean Varieties and National Registration Standards for Genetically Engineered Corn Varieties...
FAS/Bangkok (Post) revised MY2021/22 rice production down slightly to 20.8 million metric tons due to flood damage in the northeastern regions. Post expects Thai rice exports to increase to 5.8 million metric tons in 2021. Post forecasts MY2021/22...
Despite a year-on–year increase in EU grain production, which is now forecast to reach 292.5 MMT, the overall EU grain balance looks tight with only a small recovery in ending stocks forecast, driven by improved corn availability. EU domestic...
On November 30, Taiwan announced that it will immediately lower tariffs on imported wheat and beef as a countermeasure against rising consumer prices, effective until March 31, 2022. The tariff on beef will be lowered from NTD 10/kg (USD 0.36/kg) to...
With the expansion of China’s dairy industry in recent years, demand for forages continues to increase. Demand in China for U.S. alfalfa hay is growing steadily. In the same period, Australian oat grass exports to China experienced a sharp decline...
Five months into MY2021/22 the situation and outlook for the UK grain sector is starting to become clearer. Total feed grain consumption is forecast to decline year-on-year, mainly due to reduced demand from compounders. Supply chain challenges and...