Myanmar Corn Exports Surge Despite Military Coup
Myanmar’s corn exports rose “significantly” over the past year despite the COVID-19 pandemic and the military coup, the U.S. Department of Agriculture Foreign Agricultural Service said in a recent report. Myanmar exporters have been unable to meet the high corn…
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demand from neighboring Thailand, USDA said, and are also benefiting from a newly finalized sanitary and phytosanitary agreement with China. But USDA expects “fewer exportable supplies” for the remainder of the 2020-2021 fiscal year “due to the record exports during the first eight months.” The country-wide instability caused by the military coup initially crippled Myanmar’s logistics industry (see 2103090005), but trade has managed to continue (see 2107120011).