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Export prices declined 2 percent due to new supplies of off-season rice harvest and anticipated sales of government rice stocks.
The Thai broiler industry has enjoyed a profitable year and will expand modestly in 2014 and 2015.
Export prices declined slightly as new off-season rice supplies entered the market. The government plans to issue a new public tender for rice stocks in early September.
Forecast rice exports for 2014 are revised up to 9.5 million metric tons.
Production of both ethanol and biodiesel continues to grow in line with consumption.
Export prices increased 1 to 4 percent due to tight domestic supplies. The government’s approval of its rice stock sales was lower than market expectations.
Export prices increased 1 to 2 percent due to tight domestic supplies. The government has not finalized last week’s public tender.
Thailand has not made any changes to its biotech marketing, production, trade, or policies, since the latest annual report.
This guide serves as a resource for U.S. companies seeking to do business in Thailand.