FAO Rice Market Monitor, May 2001

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Planting of the 2001 paddy season is underway in some of the Northern Hemisphere countries but the bulk of the crop is yet to be planted pending the arrival of Monsoon rains on th e Asian continent. In the Southern Hemisphere and around the equatorial belt, this season’s main paddy crop is nearing completion. Following weak prices in the past two years, some countries are expected to lower rice area and to switch to more remunerative crops. Nonetheless, pending additional information and assuming normal seasonal weather patterns, world paddy production in 2001 is expected to decline only marginally from the previous season.

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