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Rice Outlook.pdf

Rice-Outlook-October-2023.pdf
Preview of Rice Outlook
🔗 Source: ricenewstoday.com
📊 Size: 1.18 MB
👤 Author: Nathan Childs
⬇️ Downloads: 66

Summary

US 2023/24 rice production forecast reduced to 220.5 million cwt, still 37.5% larger than last year, due to a 14-pound per acre yield reduction. Exports raised 1.0 million cwt to 86.0 million based on stronger-than-expected shipments and sales to Mexico and Central America. Global rice trade forecasts for 2023 and 2024 raised due to higher import forecasts for Indonesia, despite India's export restrictions reducing global exportable supplies and raising prices. Global ending stocks projected at 167.5 million tons, 5.4 million tons smaller than last year, with China accounting for the largest share of the downward revision.

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Description

US 2023/24 rice production forecast reduced to 220.5 million cwt, still 37.5% larger than last year, due to a 14-pound per acre yield reduction.

Technical Information

  • File Format: PDF
  • File Size: 1.18 MB
  • Pages: 21
  • Language: EN
  • Author: Nathan Childs
  • Total Downloads: 66
  • Last Updated: 1 month ago

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