FAO expects rice production to rise by 1.8 percent in 2008 |
2 April 2008 |
Market situation remains difficult in the short-term â lower rice trade |
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 World rice production is expected to increase in 2008 by 12 million tonnes or 1.8 percent, assuming normal weather conditions, FAO said today. Production increases would ease the current very tight supply situation in key rice producing countries, according to the first FAO forecast for this year. International rice trade is expected to decrease, mainly due to restrictions in main exporting countries. |
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