The international Grains Council (IGC) in its updated report predicts global production of rice in the 2015-16 marketing year at the level 473,3 million tons. A month earlier the forecast was similar, but more optimistic in February by 0.7 million tons. Recall that the indicator of the 2014-15 season was fixed at a mark 479,4 million tonnes and in 2013-14 year farmers around the world gathered 477,6 million tons.
Meanwhile, the initial grain reserves of this type for the 2015-16 MG in the current report incinerators were estimated at 109.3 mln. tons. This is 0.2 million tons ahead of the previous forecast.
A year earlier, the initial reserves were 3.2 million tons more. The volume of world rice trade, according to the latest expectations of analysts IGC, in 2015-16 MG will be reduced to 41.8 million tons against last year. Earlier expectations of experts can meet current. In the 2014-15 season sales amounted to 42.5 million tonnes and in 2013-14 year to 43.2 million tonnes.
The prospects for consumption crops in 2015-16 MG in the current report amounted to 484,7 million tons. We will remind, last report promised amount of usage is 0.5 million tons. However a year earlier the figure was 482,7 million tons.
In the 2013-14 season the volume of grain utilization of this type on the world market amounted to 479,2 million tons. The volume of world ending stocks of rice in 2015-16 MG may decrease to 97.6 million tons, said experts of the IGC in the current report. Previously analysts ' expectations were modest at 0.3 million tons. In the previous season, the prospects of 11.7 million tons higher.
Translated by service "Yandex.Translation"