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World rice consumption will increase to 482,2 million tonnes in 2016-17
Global rice production in 2016-17 marketing year could be reduced to 483,7 million tons against 487,2 million tons promised by the experts of the International Grains Council (IGC) earlier
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Recall that the indicator of the 2015-16 season until around 472,8 million tons, and in the 2014-15 year farmers around the world gathered 479,6 million tons.

Meanwhile, the size of the initial grain reserves of this type in 2016-17 MG, according to the latest estimations of analysts, will decrease to 114.5 million tons compared to 116,4 million tons. In the previous Outlook report was lower by 13.1 million tonnes.

Offer crops on the world market in the period under review, promises to reach 598,2 million tons. It is 9.1 million tons exceeds that of the current season. Recall that in early August, the experts gave a more modest forecast, namely by 9.6 million tonnes lower.

The volume of world rice trade in 2016-17 MG, according to the latest expectations of analysts IGC, will amount to 40.3 million tons. Earlier expectations were for 1.5 million tonnes more optimistic. In the 2015-16 season sale is equal to 40.3 million tons, and in the 2014-15 year to 41.9 million tons.

The current forecast of consumption of agricultural commodities in 2016-17 MG was reduced by 6.6 million tons compared to the previous reporting period to 482,2 million tons. However, a year earlier this indicator amounted to 474,6 million tons. In the 2014-15 season, the amount of use of grain of this type on the world market amounted to 478,1 million tons, reports IA "Kazakh-Zerno".

World ending stocks of rice in 2016-17 MG can increase to 116 million tons, said experts of the IGC in its updated report. Earlier expectations were lower at 16.1 million tonnes. In the previous season carryover provisions amounted to 114.5 million tons.



Translated by service "Yandex.Translation"
Источники: КазахЗерно
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