FAO Rice Market Monitor, July 1998
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FAO’s latest forecast for global paddy output in 1998 is put at 570 million tonnes, 9 million tonnes, or slightly less than two percent lower than the previous year's revised record level. This is a tentative forecast since the bulk of this season's rice crop is being planted in Asia as the monsoon rains set in. In other countries in the Northern Hemisphere, planting has been completed and growing conditions vary from average to good while in the Southern Hemisphere and around the equatorial belt, harvesting of the 1998 main season paddy crops is complete.
