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FAO Rice Market Monitor, November 1998

Year of publication 1998

Place of publication Rome, Italy ;

Pages 9p.

Author FAO

Publisher FAO ;

Product type Newsletter

Series title Rice Market Monitor

Series number Vol. I No. 5

Synopsis (short abstract) FAO’s forecast for global paddy output in 1998 has been revised downwards by 4 million tonnes to 557 million tonnes. This would be about 20 million tonnes, or approximately 3.5 percent lower than the previous year's revised record level. The downward adjustment is based on the preliminary assessment of the damage caused by floods in a number of rice producing Asian countries in the northern hemisphere.

Language English

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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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    FAO Rice Market Monitor, September 1998 1998
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    FAO’s latest forecast for global paddy output in 1998 is 561 million tonnes, about 17 million tonnes, or about 3 percent lower than the previous year's revised record level. The reduction is largely attributed to flood-related problems in a number of major rice producing countries in Asia where preliminary indications suggest a high degree of damage in some countries. However, the final outcome will greatly depend on the impact of floods in the affected countries.
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    FAO Rice Market Monitor, April 1998 1998
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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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