# WB: Prices of key Vietnam farm products forecast to surge | VOV.VN

> The World Bank's Commodity Markets Outlook forecasts Thai 5% broken rice at $406 per ton in 2017, down from $422 in 2016, and sliding further to $365 by 2030. It also projects DAP and urea prices to edge down in coming years.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/72583-wb-prices-of-key-vietnam-farm-products-forecast-to-surge-vov-vn
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A long-run forecast of lower rice and fertilizer prices signals softer feed and input cost trends, though it is not a near-term supply shock.

## Read by commodity

- DAP: bearish ▼
- RICE: bearish ▼
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | +0.0% | -4.2% |
| RICE | 2019-03-15 | [Large rice stocks continue to weigh heavily on the market, prices - Rice Farming](https://feedsoft.ai/events/60168-large-rice-stocks-continue-to-weigh-heavily-on-the-market-prices-rice-farming.md) | +4.8% | -2.7% |
| RICE | 2024-12-13 | [India's rice stocks surge to record high, boosting export prospects](https://feedsoft.ai/events/26923-india-s-rice-stocks-surge-to-record-high-boosting-export-prospects.md) | -4.0% | -4.2% |
| RICE | 2026-09-17 | [IGC: Grain production falls but GOI prices rise \| World Grain](https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain.md) | +3.0% | +9.0% |
| RICE | 2017-08-18 | [Commodity futures prices drop sharply in wake of new USDA production estimates](https://feedsoft.ai/events/11616-commodity-futures-prices-drop-sharply-in-wake-of-new-usda-production-estimates.md) | +2.1% | +5.7% |
| UREA | 2023-12-01 | [Urea forecast suggests short-term price declines, but recover later](https://feedsoft.ai/events/10282-urea-forecast-suggests-short-term-price-declines-but-recover-later.md) | -2.0% | -5.1% |
| UREA | 2023-10-01 | [Global prices for fertilizers returned to 2021 levels in 2023 after surging in 2022 )](https://feedsoft.ai/events/34027-global-prices-for-fertilizers-returned-to-2021-levels-in-2023-after-surging-in.md) | 0.0% | -8.3% |
| UREA | 2024-07-08 | [Fertilizer prices edge lower amid lower input costs and improved production prospects](https://feedsoft.ai/events/29612-fertilizer-prices-edge-lower-amid-lower-input-costs-and-improved-production.md) | -0.1% | +3.8% |

## Sources

- english.vov.vn: https://english.vov.vn/en/trade/wb-prices-of-key-vietnam-farm-products-forecast-to-surge-342900.vov

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.