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Rice Market Monitor - March 2004










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    Newsletter
    Rice Market Monitor - September 2004 2004
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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.
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    Rice Market Monitor - January 2004 2004
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    As the 2003 rice season is coming to an end, production estimates have become of greater certainty. The latest figures point to a 3 percent increase in global paddy production to 591 million tonnes in 2003 as a favourable monsoon should make output rebound in Asia. The recovery is mainly on account of India, which was affected by unfavourable weather in the preceding season. Increases are also anticipated in Bangladesh, Cambodia, Myanmar, Pakistan, the Philippines and Thailand. By contra st, output tended to stagnate in Indonesia and Vietnam and to fall in China, Japan and the Republic of Korea.
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    Rice Market Monitor - May 2004 2004
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    FAO forecast of global paddy production in 2004 has been raised marginally to 613 million tonnes, which would be 21 million tonnes more than last season and the highest level on record. However, at this period of the year, the forecast is still highly tentative, since the season final outcome will be largely influenced by the timing, extent and distribution of the rainfall during the Asian monsoon, just starting.

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