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Country Briefs

  Guyana

Reference Date: 04-May-2017

FOOD SECURITY SNAPSHOT

  1. Rice production in 2017 forecast at high level

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

Rice production in 2017 forecast at high level

The harvest of the 2017 first season rice crop is well underway. The area sown during the first season increased some 25 percent over last year’s low level. Early estimates point to a good crop as the season developed normally and no major losses, due to abnormal weather conditions or pest infestations, have been reported. The planting of the second season rice crops, which accounts for half of the annual output, will not begin until June. The severe economic crisis affecting Venezuela (Bolivarian Republic of), Guyana’s main export market, coupled with the good outcome of the first season crop may, however, depress sowings. FAO’s preliminary forecast for 2017 anticipates an increase in aggregate output of 8 percent over last year’s reduced rice crop, mostly reflecting better yields.

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 production being exported. Rice exports in the 2016/17 marketing year (January/December), the bulk of which is exported in 2017, are anticipated to decline by 5 percent from last year’s high level, mainly reflecting the tight domestic supplies from the reduced 2016 crop and weaker demand due to the loss of main export markets.