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Post’s marketing year (MY) 2016/17 (May/April) rice production is forecast marginally lower at 34.51 million metric tons (MMT) on estimated lower planting (11.7 million hectares).
Post’s marketing year (MY) 2016/17 (May/April) rice production is forecast marginally lower at 34.51 million metric tons (MMT) on estimated lower planting (11.7 million hectares).
MY 2016/17 cotton area is forecast unchanged at 43,000 hectares (HA); farmers are not projected to add cotton area due to expected higher profit margins for other short duration crops.
For MY 2016/17 (May-April), total rice area and production levels are projected to increase slightly to 11.8 million hectares (HA) and 34.55 million metric tons (MMT) assuming good weather...