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Thailand cuts forecast for 2015 rice output by over 2m tonnes
Published Thu, Jul 2, 2015 · 09:50 PM
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Bangkok
THE Thai government lowered its forecast for this year's main-crop rice output by over two million tonnes, according to the latest report from the Office of Agricultural Economics, as the major rice-producing nation battles with a severe drought.
A drop in output in Thailand, one of the world's top rice exporters, could underpin benchmark Thai prices of the grain.
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