FAO Says Rice Production Outpacing Consumption
date:Nov 21, 2012
on milled basis, up 0.8 percent on 2011, underpinned by widespread gains and particularly large increases in Bangladesh, China, Indonesia, the Philippines, Thailand and Viet Nam. Beyond India, where production may fall by 4 percent, Cambodia, the Republic of Korea, Nepal and Turkey are also predicted to witness a decline.

Output is rebounding in Africa because of better weather, which has led FAO to raise the region's production forecast to 26.4 million tonnes, or 17.3 million tonnes on milled
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