World rice production: Poland imports more rice

According to the analysis prepared by Sparks Polska and the Grain and Feed Chamber, the main suppliers of rice to Poland in January-May 2024 were: As reported, world rice production in the 2023/24 season will increase to a record level of 522 million tonnes, thanks to higher harvests in Far East Asia and the Americas. Due to the recorded increase in prices on the world market, global rice consumption in the 2023/24 season is forecast at a stable level season by season, amounting to 520 million tonnes - it was indicated. The report states that global rice stocks at the end of the 2023/24 season may increase to 174 million tons (+1% season-on-season). It was explained that this is possible due to the increase in rice stocks in India to 40.2 million tons (+19% season to season). Additionally, global rice trade in 2024 (January-December) is forecast at 52.5 million tons (+1% year-on-year). "Despite export restrictions, India will remain the world's largest supplier of rice, and ...