Thailand’s corn production to shrink

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The USDA expects corn production in Thailand at 5.2mt in MY2022/23, down 2% yoy, in anticipation of reduced off-season corn acreage. Corn prices averaged USD 258/ton between January and October 2022, up 10% yoy and well above the five-year average prices. The main corn harvest in October 2022 yield...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Writes on how high inflation and raw material costs challenges in Thailand are not a deterrent for the plant-based protein market in ‘Taste, flavor and nutrition important for plant-based protein’.