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Country Briefs

  Guyana

Reference Date: 29-November-2016

FOOD SECURITY SNAPSHOT

  1. Rice production in 2016 forecast down from 2015 record level

  2. Rice exports in 2016/17 marketing year to slightly decline from last year’s high level

Rice production in 2016 forecast down from 2015 record level

The FAO forecast for Guyana’s 2016 cereal production points to a decline of 19 percent from last year’s high level, but still above the five-year average. The forecast mainly reflects a sharp reduction in rice output. After eight years of uninterrupted production growth, Guyana saw the first rice crop of the 2016 season severely hampered by dry weather; low profit margins also discouraged farmers from sowing. The harvest of the second season is well advanced, prospects are uncertain as untimely rains hampered plantings and preliminary reports point to the crop being affected by diseases, which will likely reduce any potential recovery of the output lost during the first season. As a result, 2016 annual rice production is now forecast at 860 000 tonnes (paddy equivalent), implying a nearly 200 000 tonnes contraction from the 2015 record level.

Rice exports in 2016/17 marketing year to decline from last year’s high level

Rice is the country’s second most important export commodity, after gold, with normally about half of the annual rice production being exported. Rice exports in the 2016/17 marketing year (January/December) are anticipated to decline by 4 percent from last year’s high level, mainly reflecting this year’s tighter domestic supplies.