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September 24, 2017

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US group raises fears Thailand may dump cheap rice on global market

BANGKOK -- The USA Rice Federation fears Thailand will eventually dump rice on the global market, according to Oryza Rice Recap, a website specializing in providing rice information.

In a letter submitted to the U.S. Trade Representative, the USA Rice Federation outlined its comments on rice policy in Brazil, Thailand, Taiwan, Japan and the EU. The most interesting part of the comments may be the federation's concerns about Thailand essentially dumping rice on the market if and when it finally sells its stocks.

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