FAO Rice Market Monitor - December 2014

Year of publication2014

AuthorFAO

PublisherFAO

AbstractWith the 2014 season fairly advanced, firmer crop estimates have been issued, which have resulted overall in a slight increase of 250 000 tonnes in the global paddy production forecast. At country level, prospects for the 2014 season output have improved since the October release of this report, particularly for China, Indonesia, the Republic of Korea, Nigeria, and Viet Nam. The higher figures more than compensated for a downgrading in India, hit by the cyclonic storm Hudhud , and in the Democra tic People's Republic of Korea and Thailand, which both endured severe precipitation shortfalls. Disruptions to agricultural activities caused by the Ebola outbreak also worsened prospects for Guinea, Liberia and Sierra Leone. At 744.7 million tonnes (496.6 million tonnes, milled basis), the resulting 2014 global production forecast would be slightly (0.2 percent) lower than the 2013 level, reflecting a 0. 1 percent contraction of both plantings and yields to 162.9 million hectares and 4.57 tonn es per hectare , respectively brought about by unfavourable weather conditions

 

Product typeJournal; magazine; bulletin

SeriesRice Market Monitor

Areas of workGlobal Commodity Markets

CommodityRice

Keywordsprices; commodity markets; agricultural price policy; consumer prices; Irrigated rice; rice; retail prices