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Rice Market Monitor - April 2010

Trade and Markets Division











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    The 2016 season is secondary crops are now underway in northern hemisphere countries. Notwithstanding a somewhat turbulent start, FAO’s latest production forecast confirms the record outcome of the season.
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    Rice trade in 1998 is forecast to expand by 3.2 million tons in 1998 to a new high of 21.6 million tonnes. At that level, trade would exceed the previous 21 million tons record set in 1995.
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    The 2014 paddy season is virtually concluded. Although the dreaded effects of an El Niño weather event failed to materialize so far, the campaign was marred by various climatic setbacks, which were mostly behind an anticipated 0.5 percent contraction in 2014 world paddy production to 741.3 million tonnes (494.4 million tonnes, milled basis), 3.3 million tonnes less than anticipated last December.

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