Global Rice production seen flat in 2019-20: USDA
Commodity Online | November 13 2019
UPDATED 10:46:52 IST

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Global rice production in 2019-20 is expected to remain flat as a large harvest from India is expected to offset lower volumes from Indonesia and the Philippines, the US Department of Agriculture (USDA) said.

“Global rice production is nearly unchanged this month, as a larger Indian crop is fully offset by smaller harvests for Indonesia and the Philippines,” USDA said in its Grain: World Markets and Trade report for November.

India production is raised 1.0 million tonnes to 115 million tonnes due to ample water supplies and increased planting intentions of the irrigated Rabi crop.

Indonesia production is lowered 0.9 million tonnes to 36.50 million tonnes due to the delayed onset of the monsoon, and the Philippines are lowered 0.2 million tonnes to 12 million tonnes as farmers shift production to more profitable crops.

 

Commodity Arrivals Rate
Mustard Oil 1.5 7800.00
Coconut Oil 2.5 16800.00
Arecanut 1 21500.00
Sugar 0.4 4000.00

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