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Based on the export pace through the first 10 months of the year, the 2022/23 rice export estimate is reduced from 3.7 to 3.4 million tons.
The 2023/24 harvested area estimate is increased slightly based on information collected during recent field travel.
Pakistan’s MY 2015/16 wheat production is forecast 500,000 metric tons lower at 25.0 million metric tons due to the adverse effect of widespread late winter rains across major wheat producing areas.