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Rice Market Monitor - March 2007

Year of publication 2007

Place of publication Rome, Italy ;

Pages 27 p.

Author FAO;

Publisher FAO ;

Product type Newsletter

Series title Rice Market Monitor

Series number Vol. X No. 1

Synopsis (short abstract) 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.

Language English

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    With the bulk of the 2007 season paddy crops already harvested, the FAO forecast of world paddy production in 2007 has been lifted by 2 million tonnes to 645 million tonnes (430 million tonnes in milled rice eq.), which represents a modest increase of 4 million tonnes, or 0.6 percent, from 2006. Virtually all of the year-to-year world expansion is expected to arise in Asia, while contractions are anticipated in Africa, Latin America and the Caribbean and Oceania, where crops have been co nstrained by adverse weather often associated with “La Niña” conditions. Production in Asia is now foreseen to expand by about 5 million tonnes to 585 million tonnes, spearheaded by large absolute gains in China, India, Indonesia and Myanmar, but also in the Islamic Republic of Iran, Japan, Malaysia, Nepal, the Philippines and Thailand. By contrast, Bangladesh, Cambodia, DPR of Korea, the Rep. of Korea, Sri Lanka and Turkey are forecast to face a decline. Exceptionally wet conditions pre vailed in large parts of Africa, hindering crops in most locations and causing production in the region to fall to an expected 21.6 million tonnes, slightly below the good 2006 performance. Much of the decline is foreseen to concentrate in Egypt, but also in Cote d’Ivoire, Guinea Bissau, Mali and Nigeria. By contrast, Benin, Chad, Guinea, Madagascar, Mozambique, Senegal and Tanzania are set to harvest larger crops.
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    Prospects for world paddy production in 2006 have deteriorated, reflecting a bleaker outlook for crops in Asia which were affected by persistent drought problems, monsoon floods and, since September, by a series of typhoons. Insects and diseases were also reported to have caused extensive losses. Based on the latest FAO forecast of 631 million tonnes, global paddy production would decline by 1 million tonnes compared with 2005.
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    Suivi du March du Riz - mars 2007 2007
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    millions de tonnes depuis décembre 2006, ce qui les ramènerait à 629 millions de tonnes. À ce niveau, la campagne 2006 de riz paddy, à peine achevée, serait inférieure de 4 millions de tonnes au chiffre record atteint en 2005. La majeure partie de cette diminution devrait refléter des récoltes inférieures en Asie qui ont subi pâti du régime des moussons irrégulier et des attaques d’insectes. La production a également fléchi en Amérique latine et dans les Caraïbes, mais s’est accrue en Afrique po ur la cinquième année consécutive. Le reste du monde a enregistré des résultats mitigés.
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