Thailand: Grain and Feed Annual
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Post forecasts that MY2023/24 rice production will reach a five-year record of 20.4 million metric tons due to abundant water supplies and attractive farm-gate prices. Thai rice exports will be more competitive due to a recovery in exportable rice supplies. MY2023/24 corn production is likely to increase 4 percent from the previous year, as well as import demand for corn and feed wheat, driven by a recovery in swine production and growing export demand for poultry meat and products.