USDA Post has estimated Venezuela MY 2014-15 (April - March) to increase to around 530,000 tons, up about 2% from around 520,000 tons in MY 2013-14, due to expected decline in paddy rice production.
The UN\'s Food and Agricultural Organization (FAO) has forecasted Myanmar\'s MY 2014-15 (July - June) milled rice exports at around 560,000 tons, almost similar to last year\'s level. The FAO estimates total MY 2014-15 cereal exports, including rice, at around 1.2 million tons.
Thailand rice sellers lowered their quotes for 5% broken rice by about $5 per ton to around $440 - $450 per ton and increased their quotes for Hommali rice by about $40 per ton to around $1,055 - $1,065 per ton today. Other Asia rice sellers kept their quotes mostly unchanged.Â