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A Message to the Thai Government: Do Not Let National Policies Harm the Global Poor
A Commentary by Maximo Torero
Thailand’s rice exporters are warning that the country’s 2012 rice exports could drop by as much as 30-40 percent as the result of a proposed government policy that would guarantee fixed prices for both plain white rice and jasmine rice. The Pheu Thai Party, which was elected into power in July, has promised farmers fixed prices of 15,000 baht ($US 500) per ton for plain white rice and 20,000 baht (US$ 667) per ton for jasmine rice.
USDA Releases Latest Crop Outlooks
The USDA Economic Research Service has released the latest global outlooks for wheat, rice, feed crops, and oil crops.
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GIEWS Releases Latest Global Food Price Monitor
GIEWS has released its latest Global Food Price Monitor for August 2011. According to the report, international wheat prices have continued their three-month decline, while international rice prices continue to rise. Cereals prices in Eastern Africa remain generally high, with several countries seeing new peaks.
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USDA Releases Latest Commodity Outlooks
The USDA Economic Research Service has released the latest global outlooks for wheat, rice, feed crops, and oil crops.
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Download feed crop outlook
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GIEWS Releases Latest Global Food Price Monitor
The FAO Global Information and Early Warning System has released the latest Global Food Price Monitor. According to the report, the FAO Food Price Index remained virtually unchanged in May, with international wheat prices remaining high. International rice and corn prices were slightly lower in May than in April.
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