Rice Market Monitor - March 2007
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FAO ;
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Estimates of world paddy production in 2006 have been cut by 2 million tonnes since December 2006, to 629 million tonnes. At that level, the 2006 paddy season, just concluded, would yield 4 million tonnes less than the record achieved in 2005. Much of the contraction is anticipated to reflect smaller crops in Asia, which were negatively affected by an irregular pattern of the monsoons and insect attacks. Production also fell in Latin America and the Caribbean, but rose in Africa for the fifth consecutive year. Results were mixed in the rest of the world.