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Rice Market Monitor - May 2004











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    Newsletter
    Rice Market Monitor - March 2004 2004
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    FAO first forecast of global paddy production in 2004 has been set at 613 million tonnes, 22 million larger than last season, and the highest level on record. The figure is highly tentative, since countries in the Northern Hemisphere still have to plant their main crops. So far, the outlook for the Southern Hemisphere countries, where harvesting is underway, is generally positive.
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    Rice Market Monitor - June 2003 2003
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    Based on the preliminary harvest results in the southern hemisphere and the planting intentions in the northern hemisphere, overall global rice output in 2003 is tentatively forecast at 396 million tonnes (592 million tonnes in paddy terms), 2 percent higher than the previous year’s depressed level. However, this figure is still highly tentative, since the final outcome will depend largely on the timing, extent and distribution of the Asian monsoon rainfall, which has an important bearin g on the global outcome...
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    FAO Rice Market Monitor, May 1998 1998
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    According to FAO’s latest forecast, global paddy output in 1998 could reach 567 million tonnes, only 4 million tonnes, or less than one percent lower than the previous year's revised record level. This forecast is still tentative and critically hinges on a timely and normal development of the Asian monsoon.

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