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World rice production to touch record high this year

12 Oct 2011 Evaluate

The Food and Agriculture Organisation (FAO) of the United Nations has estimated that the world rice production may touch a record 480.5 million tonnes (mt) this year on the back of higher output in Asia, the US and Russian Federation. The international organization has said that the outlook for global rice production in 2011 has improved over the past two months hence its latest forecast has been raised by 1.6 mt to 480.5 mt (milled rice basis), up by 3 per cent from 2010, at a new record.

In its latest crop prospects report for October the FAO said that the improved output reflects better crop prospects in China, Egypt, Argentina, Cambodia, Mozambique, the Russian Federation and the United States. However, the output is expected to decline in the Republic of Korea, Madagascar and Pakistan. FAO has forecast that production in Asia will increase on the back of favourable growing conditions and attractive prices in all major rice producing countries, particularly Bangladesh, China, India and Indonesia.

The global body expects production in Asia, including India, to rise. India has projected a record 87.1 mt of rice production in the 2011 kharif season (June-October) as compared to output of 80.65 mt last season, as monsoon rains were widespread and the acreage under paddy sowing has gone up. Rice output last season stood at 80.65 Mt. Indian states of the south and the east are very strong rice cultivation areas.

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