Corn: Prices Decline
Feed corn prices at animal feed mill silos decreased from 606 baht per picul to 603 baht per picul. Meanwhile, on the Chicago Board of Trade (CBOT), as reported by InfoQuest on 11 March 2026, the May 2026 corn futures contract rose 8.00 cents (+1.77%), closing at USD 4.6025 per bushel. The increase was supported by investor expectations that U.S. farmers may reduce corn planting this spring due to rapidly rising fertilizer and fuel costs, partly driven by tensions affecting the Strait of Hormuz.

Outlook: Domestic corn prices are expected to remain stable.

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Soybean Meal: Prices Increase
The price of soybean meal produced from imported soybeans increased from 14.95 baht/kg to 15.65 baht/kg. The ongoing conflict between Israel and Iran has pushed global oil prices higher, leading to increased freight costs and driving up raw material prices significantly within a single week. Meanwhile, soybean harvesting in Brazil has reached approximately 50% completion, with production still expected to exceed levels seen in previous years.

According to InfoQuest, the May 2026 soybean futures contract on CBOT rose 12.25 cents (+1.02%), closing at USD 12.1400 per bushel. Rising crude oil prices have boosted demand for biofuels, which in turn supports soybean prices, as soybean oil is a key feedstock for biofuel production—similar to corn used in ethanol production.

Outlook: Imported soybean prices are expected to trend upward.

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Fishmeal: Prices Stable
Fishmeal purchase prices in China have continued to rise due to declining port inventories, while demand and purchasing volumes at ports remain strong and steady. In Thailand, fishmeal prices remained stable this week.
 • Shrimp-grade fishmeal: 51 baht/kg
 • No.1 fishmeal (protein above 60%): 45.70 baht/kg
 • Fishmeal (protein below 60%): 40.70 baht/kg
 • No.2 fishmeal (protein above 60%): 42.20 baht/kg
 • No.2 fishmeal (protein above 56% but below 60%): 39.70 baht/kg

Outlook: Fishmeal prices are expected to increase.

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Rice: Prices Decline
According to the Thai Rice Exporters Association, domestic rice trading conditions showed price declines this week.
 • 100% white rice (Grade 2) decreased from 1,130 baht per sack to 1,110 baht per sack.
 • Broken rice A1 Super declined from 1,040 baht per sack to 1,020 baht per sack.

For export prices (F.O.B. Bangkok):
 • 100% white rice (Grade 2) decreased from USD 408/ton to USD 401/ton.
 • Broken rice A1 Super declined from USD 380/ton to USD 372/ton.

Outlook: Rice prices are expected to remain stable.

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Swine: Prices Increase
The National Swine Raisers Association reported farm-gate live hog prices for Week 11/2026, dated 9 March 2026. The average reference price in Bangkok and surrounding areas increased by 4 baht from the previous week to 66 baht/kg. Regional prices across the country also rose by 4 baht/kg.

Swine prices continue to increase and are approaching production costs, which are estimated at 68 baht/kg in Q1 2026. Meanwhile, the price of 16-kg piglets stands at approximately 1,700 baht per head (±62 baht).

Outlook: Swine prices are expected to remain stable.

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Broilers: Prices Increase
According to the Livestock Economic Research Group, Department of Livestock Development, the recommended farm-gate price for broilers as of 9 March 2026 is 43 baht/kg, up from 41 baht/kg.
 • Broiler chicks: 19.50 baht per chick
 • Layer chicks: 28.00 baht per chick

Outlook: Broiler prices are expected to remain stable.

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Eggs: Prices Stable
The network of four layer chicken cooperatives announced that the recommended farm-gate price for mixed-size eggs remains unchanged at 3.20 baht per egg.

Outlook: Egg prices are expected to remain stable.