Thailand rice production, exports to rise

[webfact]

Credit: Adobe Stock

 

By John Reidy

 

BANGKOK, THAILAND — The La Niña weather phenomenon will provide plentiful precipitation and water supplies for rice farmers in Thailand, yielding 20 million tonnes of rice in marketing year 2022-23, a 2% increase over 2021-22, according to a Global Agricultural Information Network report from the US Department of Agriculture Foreign Agricultural Service (FAS).

 

USDA’s FAS Bangkok Post is forecasting rice exports in 2022 at 8 million tonnes, up 31% from 6.1 million tonnes in 2021, due to larger exporter supplies. 

 

“The weakening of the Thai baht has made Thai rice export prices attractive and competitive,” FAS said. “Traders anticipate increased demand for Thai rice for the remainder of 2022 as current prices for Thai rice are competitive to other exporting countries.”

 

Full story: https://www.world-grain.com/articles/17022-thailand-rice-production-exports-to-rise

 

-- © Copyright WORLD-GRAIN 2022-06-11

 

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[hotchilli]

8 hours ago, webfact said:

The La Niña weather phenomenon will provide plentiful precipitation and water supplies for rice farmers in Thailand, yielding 20 million tonnes of rice in marketing year 2022-23, a 2% increase over 2021-22,

Damn those crystal balls are good.

[StayinThailand2much]

Rice - the white gold... Go, Thailand! 

[IAMHERE]

all that new La Nina precipitation and only 2% more rice ?

[Venom]

Which directly correlates to the increase in PM2.5 air pollution we a seeing on a yearly basis during peak tourist season. ????????????

 

 

 

 

 

 

 

 

Edited June 11, 2022 by Venom