Thai rice prices rise to the highest level in four months due to supply concerns.

The global agricultural market witnessed mixed developments last week, with rising prices prevailing in some key commodities. In Asia, Thai rice prices surged to their highest level in nearly four months due to concerns about supply being affected by flooding. Meanwhile, in the U.S., strong export demand pushed corn prices to their highest level since June 2025. Asian Rice Market Thai rice prices jumped this week, with 5% broken rice being sold at $370 per ton, a sharp increase of $30 from the previous week and the highest price since July 31. A trader in Bangkok attributed the main reason to flood-related losses in some production areas. Additionally, Thai rice received support from information about rice sales contracts to China and the strengthening of the baht. In contrast, Indian rice prices declined due to weak demand and the rupee trading near a record low. India's 5% broken rice was priced at $348-356 per ton, down from $352-360 of the previous week. The price of 5% broken ...