Thailand to see higher rice output this year: FAO
China, India and Thailand would have higher rice production in 2013 compared to 2012, according to the Food and Agriculture Organisation (FAO).
"In the case of Thailand, rice production is expected to grow by about 2 per cent in 2013," said Hiroyuki Konuma, FAO Assistant Director-General and Regional Representative for Asia and the Pacific, at the his monthly media briefing today.
World rice production in 2013 is forecast to expand by 2 per cent to 500 million tonnes in milled equivalent.
Konuma was highlighting the rice situation in Asia-Pacific which foresee record first season harvests in Bangladesh and the Philippines, mainly reflecting an estimated expansion in plantings. In Indonesia the output of the main wet season paddy crop is estimated at 68.4 million tonnes, some 4.4 per cent above the previous year's record harvest of the same season, following diverse initiatives launched by the government to achieve self-sufficiency.
The FAO announced that total global cereal production is forecast to increase by about 7 per cent in 2013 compared to 2012, helping to replenish global inventories and raise expectations for more stable markets in 2013/14. The increase would bring world cereal production to 2,479 million tonnes, a new record level which would eventually reverse last year’s supply deficit.
Konuma said, that "Asia’s contribution to this global cereals increase is 1.3 per cent and will come largely because of increases in rice production of about 2 per cent. An increase in paddy production is expected, tentatively estimated to reach a record level of 675 million tonnes, some 2 per cent above the 2012 record harvest. However, given the bulk of the 2013 paddy and coarse grains crops are currently being planted, the situation could change as the season progresses."
"Despite the overall anticipated increase in cereal production in most countries of the subregion, the aggregate cereal imports in the 2013/14 marketing years are expected to increase by some 6 per cent compared to 2012/13 and remain 11 per cent above the preceding five-year average level. The increase is mainly attributed to the higher forecast of maize imports from China, almost double from the previous year, following growing demand for feed use. Similarly, total wheat imports of the East Asia are expected to increase by 1.1 million tonnes or 3 per cent above last year's level," Konuma said.