Rice Market Monitor - September 2003
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FAO ;
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Since its last assessment, FAO has raised its forecast of world paddy production in 2003 by about 800 000 tonnes to 593 million tonnes, mainly reflecting an improved outlook for China. Adjustments were also made to the official estimates of production last year. So, based on current prospects for 2003 and a revised figure for 2002, global paddy production is anticipated to rise by 3 percent, or 18 million tonnes.