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Rice Market Monitor - October 2002

Year of publication 2002

Place of publication Rome, Italy ;

Pages 17 p.

Author FAO

Publisher FAO ;

Product type Newsletter

Series title Rice Market Monitor

Series number Vol. V No. 5

Synopsis (short abstract) The main season paddy crops are nearing maturation in many producing countries in the Northern Hemisphere, some of which have already engaged in harvesting. In the Southern Hemisphere, the 2002 season has drawn to a conclusion and preparations for the 2003 season are underway. FAO’s forecast for paddy production in 2002 now stands at 588 million tonnes (393 million tonnes milled equivalent), over 6 million tonnes less than earlier anticipated and nearly 9 million tonnes below last season’s rev ised outcome.

Language English

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    World paddy production in 2002 is now forecast at 595 million tonnes, up 6 million tonnes from the previous estimate, but still 1 million tonnes below the 2001 figure. The bulk of the 2002 main paddy season crops have now been planted throughout countries of the Northern Hemisphere, while countries located in the Southern Hemisphere and the equatorial belt, are harvesting their secondary crops.
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    FAO's latest estimate of global paddy production in 2002 stands at 582 million tonnes (389 million tonnes in milled equivalent), down 2.4 million tonnes from the previous report. At that level, the season will end with a 16 million tonne year-to-year contraction, with production falling to its lowest level since 1998. While the 2003 paddy season already commenced in the Southern Hemisphere, the prevalence of an El Niño episode is anticipated to influence the weather pattern in several producin g countries in the coming months, with likely consequences over production in 2003.
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    FAO has raised its estimates of 2001 global paddy production to 591.1 million tonnes (395.3 million tonnes, in milled equivalent), mainly on account of upward adjustments in Bangladesh and Thailand. At that level, the season would end 7 million tonnes below the output gathered in 2000, with much of the drop concentrated in Asia. Based on current figures, Australia, Bangladesh, India and the United States experienced large increases in production, while Brazil, Mainland China, Egypt, Indo nesia, Japan, Pakistan and Vietnam recorded sizeable declines.
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