Bangkok, Thailand, 20 Nov 2012 -- Global rice production for 2012 is forecast to outpace consumption in 2012/13, resulting in an upward revision of 5 million tonnes in 2013 closing inventories, according to an previous forecast by the UN Food and Agriculture Organization (FAO) in its Rice Market Monitor (RMM) issued Monday. “Compared to last year, world rice carryover stocks are expected to rise by 7 percent, or 10 million tones, to a new high of almost [
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