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Rice prices: Rice on cusp of fresh 15-year high in Asia after sharp rebound

Rice prices are approaching a 15-year high, with Thai white rice 5% broken, an Asian benchmark, rising $57 in the past two weeks to $640 per ton. Factors contributing to the surge include increased demand from unexpected buyers like Brazil and the Philippines, higher domestic prices, and a stronger baht.
Republic Of Chookiat Ophaswongse Narendra Modi Thai Rice Exporters Association Thai Rice Exporters Prime Minister Narendra Modi

Rice production to decline marginally

Bangladesh's rice production may decline in marketing year (MY) 2022-23, which began in May, as severe floods damaged pre-monsoon crop Aus in the north and northeastern regions during planting, said a USDA report released on Monday.
Agriculture Organization Bangladesh Bureau Of Statistics Us Department Of Agriculture Department Of Agricultural Extension Bangladesh Bureau Agricultural Extension

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