Rice Market Monitor - October 2002

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FAO ;

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The main season paddy crops are nearing maturation in many producing countries in the Northern Hemisphere, some of which have already engaged in harvesting. In the Southern Hemisphere, the 2002 season has drawn to a conclusion and preparations for the 2003 season are underway. FAO’s forecast for paddy production in 2002 now stands at 588 million tonnes (393 million tonnes milled equivalent), over 6 million tonnes less than earlier anticipated and nearly 9 million tonnes below last season’s rev ised outcome.

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