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Rice Market Monitor - June 2010

Trade and Markets Division











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    Rice Market Monitor - June 2006 2006
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    FAO has revised upwards by 3 million tonnes its forecast for global paddy production in 2006, which now stands at 637 million tonnes, only 1.0 percent more than in 2005. Such a sluggish growth is imputable to a general rise in production, processing and marketing costs, but also reflects expectations that growing conditions in the current season might not be as favourable as in 2005. Asian countries are now expected to gather 577 million tonnes in 2006, 4 million tonnes more than previously fo recast and 7.5 million tonnes larger than last year. Much of the increase would reflect progress in Bangladesh, China and Viet Nam and, to a smaller extent, in Indonesia, Myanmar, the Philippines and Thailand. Crop prospects continue to be negative in Japan, the Republic of Korea and Sri Lanka and, now, also in Pakistan.
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    Rice Market Monitor - June 2007 2007
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    FAO’s March forecast of global paddy production in 2007 has been raised by 5 million tonnes to 638 million tonnes, which would represent a mere 1 percent increase from 2006. So far into the season, only countries situated in the Southern Hemisphere have harvested their main 2007 crops, the results of which have been rather disappointing.
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    Rice Market Monitor - June 2002 2002
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    Global paddy output for 2002 is now forecast at 589 million tonnes, up 2 million tonnes from the previous estimate, but still 4 million tonnes lower than the 2001 figure. The improved production outlook partly reflects upward revisions for some Asian countries, following expectations of a timely arrival of monsoon rains and of a less disruptive El Niño than originally foreseen.

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