Rice exports likely to decline in 2013: FAO

Thailand is pegged to ship 6.5 mt of the grain this year

The fall in rice production in the current crop year in India against is expected to affect exports of the key staple in 2013, the United Nations’ Food and Agriculture Organisation (FAO) has said.

“By contrast, the 2012 production shortfall and rising domestic needs may depress India’s exports next year,” said in its latest Rice Market Monitor report.

The global body on the farm sector has pegged India’s rice production lower at 100 million tonnes (mt) in the 2012-13 crop year (July-June) from a record high of 104.32 mt in the 2011-12 crop year. FAO said the spurt in exports from India has helped it displace as the world’s largest rice exporter, with shipments expected to touch nine mt in 2012.
 

RICE BOWLS
Production in mn tonnes
Country 2011-12E 2012-13F
China (Jan-Dec) 140.5 142.5
India (Oct-Sept) 104.3 99.8
Indonesia (Jan-Dec) 36.4 37.0
Bengladesh (Jul-Jun) 34.0 34.1
Vietnam (Jan-Dec) 26.4 26.7
Thailand (Jan-Dec) 20.5 21.2
World (Total) 463.4 464.8
E=Estimates, F=Forecast
Source: International Grains Council/PTI

Thailand is pegged to ship 6.5 mt of the grain this year. Earlier, the United States Department of Agriculture had also put India as the world’s largest rice exporter for 2012, beating Thailand. Global rice trade is anticipated to grow by 2.5 per cent in calendar year 2012, to a new high of 37.3 mt, FAO said.

image
Business Standard
177 22
Business Standard

Rice exports likely to decline in 2013: FAO

Thailand is pegged to ship 6.5 mt of the grain this year

Press Trust Of India  |  New Delhi 



The fall in rice production in the current crop year in India against is expected to affect exports of the key staple in 2013, the United Nations’ Food and Agriculture Organisation (FAO) has said.

“By contrast, the 2012 production shortfall and rising domestic needs may depress India’s exports next year,” said in its latest Rice Market Monitor report.

The global body on the farm sector has pegged India’s rice production lower at 100 million tonnes (mt) in the 2012-13 crop year (July-June) from a record high of 104.32 mt in the 2011-12 crop year. FAO said the spurt in exports from India has helped it displace as the world’s largest rice exporter, with shipments expected to touch nine mt in 2012.
 

RICE BOWLS
Production in mn tonnes
Country 2011-12E 2012-13F
China (Jan-Dec) 140.5 142.5
India (Oct-Sept) 104.3 99.8
Indonesia (Jan-Dec) 36.4 37.0
Bengladesh (Jul-Jun) 34.0 34.1
Vietnam (Jan-Dec) 26.4 26.7
Thailand (Jan-Dec) 20.5 21.2
World (Total) 463.4 464.8
E=Estimates, F=Forecast
Source: International Grains Council/PTI

Thailand is pegged to ship 6.5 mt of the grain this year. Earlier, the United States Department of Agriculture had also put India as the world’s largest rice exporter for 2012, beating Thailand. Global rice trade is anticipated to grow by 2.5 per cent in calendar year 2012, to a new high of 37.3 mt, FAO said.

RECOMMENDED FOR YOU

Rice exports likely to decline in 2013: FAO

Thailand is pegged to ship 6.5 mt of the grain this year

The fall in rice production in the current crop year in India against rising domestic demand is expected to affect exports of the key staple in 2013, the United Nations’ Food and Agriculture Organisation (FAO) has said.

The fall in rice production in the current crop year in India against is expected to affect exports of the key staple in 2013, the United Nations’ Food and Agriculture Organisation (FAO) has said.

“By contrast, the 2012 production shortfall and rising domestic needs may depress India’s exports next year,” said in its latest Rice Market Monitor report.

The global body on the farm sector has pegged India’s rice production lower at 100 million tonnes (mt) in the 2012-13 crop year (July-June) from a record high of 104.32 mt in the 2011-12 crop year. FAO said the spurt in exports from India has helped it displace as the world’s largest rice exporter, with shipments expected to touch nine mt in 2012.
 

RICE BOWLS
Production in mn tonnes
Country 2011-12E 2012-13F
China (Jan-Dec) 140.5 142.5
India (Oct-Sept) 104.3 99.8
Indonesia (Jan-Dec) 36.4 37.0
Bengladesh (Jul-Jun) 34.0 34.1
Vietnam (Jan-Dec) 26.4 26.7
Thailand (Jan-Dec) 20.5 21.2
World (Total) 463.4 464.8
E=Estimates, F=Forecast
Source: International Grains Council/PTI

Thailand is pegged to ship 6.5 mt of the grain this year. Earlier, the United States Department of Agriculture had also put India as the world’s largest rice exporter for 2012, beating Thailand. Global rice trade is anticipated to grow by 2.5 per cent in calendar year 2012, to a new high of 37.3 mt, FAO said.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

  • Today's picks- 30 August 2016
  • Street bullish on Tata Motors despite drop in profit Market bullish on Tata Motors despite drop in profit

STOCK WATCH

Company Price() Chg(%)
Dr Lal Pathlabs 999.00 8.30
G M D C 97.50 7.56
Sundram Fasten. 295.20 6.00
Shoppers St. 401.95 5.57
Jubilant Life 534.55 5.24
> More on BSE Gainers
Company Price() Chg(%)
G M D C 97.50 7.50
Sundram Fasten. 295.00 6.00
Jubilant Life 534.50 4.98
Castex Tech 10.75 4.88
India Cements 150.05 4.75
> More on NSE Gainers
Company Price() Chg(%)
R C F 47.30 -4.83
Trident 55.65 -4.05
P & G Hygiene 6459.95 -4.01
Welspun India 47.40 -2.77
Bharti Airtel 332.80 -2.62
> More on BSE Gainers
Company Price() Chg(%)
R C F 47.35 -4.82
Trident 55.65 -4.13
P & G Hygiene 6440.00 -4.01
Bharti Airtel 332.75 -2.88
Welspun India 47.25 -2.48
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard