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FAO Rice Market Monitor - July 2012

Year of publication 2012

Place of publication Rome, Italy ;

Pages 34 p.

Author FAO

Publisher FAO ;

Product type Newsletter

Series title Rice Market Monitor

Series number Vol. XV No. 3

Synopsis (short abstract) FAO has lowered its April forecast of global paddy production in 2012 by 7.8 million tonnes following a worsening of the outlook in Asia. The downward revision mainly concerned India, where the critical monsoon rains were 22 percent short of the Long Period Average by mid-July.

Language English

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    The 1999 paddy season is progressing well in the Northern Hemisphere countries under generally favourable conditions, while in the Southern Hemisphere and around the equatorial belt, harvesting of the 1999 main paddy crop season is virtually done. Production in several countries is expected to rebound from last season’s depressed level due to a combination of larger plantings and higher yields. A number of countries are anticipating record production. Based on crop estimates in the Southern Hemisphere and the crop progress reports in several countries in the Northern Hemisphere, FAO is tentatively forecasting global paddy output in 1999 to reach an all time high of 582 million tonnes, barring any unforeseen natural calamities.
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