The agreement is expected to be signed in two weeks. (Image source: Takeaway/Wikimedia Commons)
Thailand has announced that China will buy 1.2mn tonnes of rice from the country
China to buy 1.2 million tonnes of Thai rice
Crops
Taiwan to buy five million metric tonnes of US corn
The total value of intended purchases of soybeans, wheat, corn and corn co-products has been estimated to exceed US$4bn. (Image source: sxc.hu)
The Taiwanese Agricultural Goodwill Mission has signed a letter of intent with the US Grains Council committing to purchase five million metric tonnes of US corn in 2014 and 2015
China corn imports may increase to cover supply shortage
Corn imports will be expected to rise to seven million tonnes in 2013/14, 3.3 per cent of China’s total domestic output of 211mn tonnes. (Image source: Alternative Heat/Flickr)
China may import close to 20mn to 30mn tonnes of corn a year to cover growing supply shortages
Thailand plans to increase fruit exports to China
Thailand is planning to explore more opportunities to increase fruit exports to China. (Image source: plumandjello/Flickr)
Thailand has outlined plans to export fruits worth US$150mn to China this year
Indonesia to increase exports of processed seaweed
Indonesia is all set to promote its seaweed industry. (Image source: iamkaspar/Flickr)
The government of Indonesia has outlined plans to increase exports of processed seaweed in an attempt to boost the industry
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