USDA: Global rice production will recover in the crop year 2023-2024

Rice

China

Ivory Coast

Published May 19, 2023

Original content

Output is expected to recover in the 2023-2024 season In its May report, the USDA forecast global rice production to decline by 5.4 million tons to 508.4 million tons in the 2022-2023 crop year. However, production is expected to recover strongly and increase by 12 million tons to a new record of 521 million tons in the year 2023-2024. The biggest increase was seen in Pakistan, where rice production is expected to recover after floods damaged crops in the 2022-2023 crop. Accordingly, Pakistan's production will increase from 5.5 million tons in the season 2022-2023 to 9 million tons in the season 2023-2024. In addition, China's production is forecast to increase by 3 million tons to 149 million tons after experiencing drought in southern provinces last year. India is also forecast to have a record crop for the eighth consecutive year with an output of around 133 million tonnes. Larger crops are also forecast in other top producing countries such as Indonesia, Myanmar, Thailand and ...

Source: Vinanet

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