Rice: Global Perspectives up to October 2014

The US Department of Agriculture projects that global production from the 2014/15 harvest will be 475.5 million tons, 1.1 million tons less than the 2013/14 production.

Friday, October 24, 2014

Excerpted from Reportearroz.com:

International Panorama

The USDA has released the information on expectations for the global rice sector for the upcoming 2014-15 campaign. According to records from the USDA, global production of milled rice in 2014-15 will be 475.5 million tons, representing a figure lower than 2013-14, when the total reached 476.1 million tons. The main reason for the decrease is due to a reduction in yield per hectare.

As for the global rice area, the USDA reports a slight increase compared to last year. The figure is 161 million hectares in 2014-15.

Brazil, Cambodia, China, Indonesia, Philippines and USA are the countries that will substantially increase their acreage of planted rice during 2014-15.

The world average yield per hectare will be similar to last year, at 4.4 tons per hectare. In a most singular form, the USDA expects lower rice production in India, Sri Lanka and Pakistan, due to low rainfall and unfavorable weather conditions. But it is likely that the reduced production of these countries will be offset by increased production in Tanzania, Russia and the E.U.



More on this topic

Rice in Panama: Planted Area Grows 5%

November 2019

For the 2019-2020 agricultural cycle, 67,558 hectares of grain have been planted in the country, an area that exceeds in 5% what was reported for the previous harvest.

92.2% of the total rice crop is unirrigated (62,280 hectares with 988 producers) and 7.8% is irrigated (5,278 hectares of 53 producers), informed the Ministry of Agricultural Development (MIDA).

Projected Increase in Rice Imports

August 2014

Estimates are that the poor performance of planted acres and preference for other more profitable crops will generate a sustained increase in rice imports in Central America.

According to figures from the French Agricultural Research Center for International Development (CIRAD) in the last 20 years, "...

Rice Subsidies in Panama

September 2012

The government is considering indirect forms of subsidy such as rewards for farmers with increased production or improved productivity, in order to avoid the impact on the population of an increase in grain prices.

The rising price of rice in global markets is directly affecting Panama, which annually consumes 8.5 million quintals, of which it must import about 3 million, in order to supplement local production which reaches approximately 5.5 million quintals.

Panama Will Need to Import More Rice in 2012

November 2011

Domestic production from this agricultural cycle will leave a shortfall of 9,000 hectares.

While the Panamanian rice sector has never been able to satisfy domestic demand, in this cycle it will be even more dependent on imports. In 2010, 64,400 hectares were planted and 1.2 million bushels of grain had to be imported, while at present only 57,456 have been planted, falling far short of the projected target of 68,000.

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