Rice Market Monitor - September 2004
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FAO ;
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FAO forecast of global paddy production in 2004 has been lowered to 608 million tonnes, because of adverse weather conditions in several northern hemisphere countries. Estimated world production in the previous 2003 season was also revised downward, as several countries released new, less buoyant estimates of their 2003 crops. Following those changes, forecast production in 2004 still shows an increase of 4 percent, or 24 million tonnes, compared with 2003.