Thailand’s corn production forecast at 5.3mt for MY 2021/22

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Thailand’s corn production is expected to reach 5.3mt in marketing year (MY) 2021/22, the USDA said. This is down from its previous forecast of 5.5 mt. Less attractive corn prices will encourage farmers to shift to more profitable crops like cassava and rice. Between January-July 2021, farm price o...

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