Thailand: Summary of the situation of agricultural products for the week of 13-17 March 2023

Published 2023년 3월 17일

Tridge summary

The article provides an overview of the current agricultural market, focusing on the prices and trends of corn, soybean, fishmeal, rice, pigs, broilers, and chicken eggs in Thailand and global markets. It discusses the stable prices of soybeans and fishmeal, despite concerns in Argentina and Brazil, and the increase in rice prices in the foreign market. The Thai domestic market sees a drop in corn prices, a stable price for soybeans, and an increase in rice and egg prices. The swine and broiler prices are expected to stabilize, while egg prices are set to increase due to increased demand. The article also mentions the ongoing negotiations of Ukraine's grain export contract renewal and the impact of the African Swine Fever in China on pig prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

See the summary of the past agricultural conditions << Corn: Price has dropped. Maize at the silo of the animal feed factory Price dropped from 774 baht per harbour to 747 baht per harbour, due to continuous production. On the Chicago futures market, March 15, 2023, maize Delivery around May 2023, priced at 626.50 cents/bushel, a stable price. Although Brazil's 1st generation corn harvest progress report is 42% faster than average. But the progress of second-generation maize still lags the average, at 74%, compared to the average of 81%, while Argentine corn, which is rated as good to very recent, is down to 5%. 6% in the previous week The market is still closely monitoring the situation of Ukraine's grain exports. which will expire on March 18, 2023 or this coming Saturday Russia wants to renew the contract in this round for only 60 days instead of the usual 120-day contract extension, while the Ukrainian side still wants to renew the contract at 120 days. Trend: Domestic corn ...

Source: Pasusart