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Rice Market Monitor - April 2011

Trade and Markets Division











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    The 2014 paddy season is virtually concluded. Although the dreaded effects of an El Niño weather event failed to materialize so far, the campaign was marred by various climatic setbacks, which were mostly behind an anticipated 0.5 percent contraction in 2014 world paddy production to 741.3 million tonnes (494.4 million tonnes, milled basis), 3.3 million tonnes less than anticipated last December.
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    The latest FAO estimate of global paddy production in 2012 has been lifted by almost 1 million tonnes since January, largely on account of India, Myanmar and Madagascar, and in spite of downward revisions of production in Bangladesh, Mali, Pakistan, Sri Lanka and Thailand.

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