Rice Market Monitor - Volume XII - Issue No. 2
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FAO ;
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FAO’s outlook of global paddy production in 2008 has been revised upwards by 4 million tonnes, now standing at 688 million tonnes (459 million tonnes, milled rice), representing an outstanding 4 percent increase from 2007. The revision principally reflects more buoyant results than previously expected in northern hemisphere countries in Asia, where the recent harvesting of crops has brought the 2008season to an end.