Thai rice prices surge in 2024 as demand outstrips supply The Ministry expects Thai rice exports to total 8 37 million tonnes in the first 10 months of the year, up over 20% It projects total annual exports of 9 million tonnes in 2024, boosting income for rice farmers
Industry Outlook Rice Industry | Industry Outlook - krungsri. com Thai rice outputs are expected to contract through 2024 from the effects of the El Niño However, total outputs will trend upwards through 2025 and 2026 due to the transition to La Niña conditions in the third quarter of 2024 that will boost rainfall
Thai rice farmers demand better support as prices plummet THAILAND - Thai government measures to support rice farmers have failed to meet expectations, with some growers in the world’s second-largest rice exporting country vowing protests as they are
Thailand’s Rice in High Demand as crops in Asia hit by dry weather tied . . . Thai rice exports from January to October 2023 increased by 11 4% to 6,922,649 tons with a total value of 136,289 8 million baht, a surge of 24 6% compared to the same period last year Facing severe drought, Indonesia has become the top importer of Thai rice to meet domestic demand
Better yields, rain support Thai rice | World Grain BANGKOK, THAILAND — Improved yields and greater precipitation are adding up to a forecast of 20 million tonnes of milled rice production in 2024-25 for Thailand, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture
Thai rice export volumes seen down 14. 4% in 2024 on lower production Thailand expects to export 7 5 million metric tons of rice in 2024, down 14 38% year-on-year, due to lower production and increased competition, the commerce ministry said on Thursday Rice production is expected to drop 5 87% in 2024, impacted by the El Nino weather phenomenon, the ministry said in a statement
THAILAND`S RICE EXPORTS PROJECTED TO RISE IN 2024 AMIDS GLOBAL MARKET . . . As the global rice market continues to evolve, Thailand is poised to increase its rice exports significantly in 2024 According to recent reports, the country is expected to export more than 8 million tons of rice next year, marking a substantial rise compared to previous years
Thai Rice Farmers Threatened by U. S. Tariffs - indexbox. io According to Reuters, these tariffs could significantly impact Thailand's rice industry, which exported 9 94 million tons of rice in 2024, valued at 225 65 billion baht ($6 82 billion), with the U S as its third-largest market by volume
Thai rice prices surge in 2024 as demand outstrips supply The Ministry expects Thai rice exports to total 8 37 million tonnes in the first 10 months of the year, up over 20% It projects total annual exports of 9 million tonnes in 2024, boosting income for rice farmers