Global rice output likely to be record high next season, trade may rise
The USDA projects global rice production at a record 541 mt for 2025-26, with consumption at 542 mt. Trade is forecast at 62 mt, slightly above 2024-25, led by Burma and the US. Stocks are seen lower due to declines in Nigeria, the Philippines, and Burma, while Iraq’s imports are expected at record highs.
Global rice production is estimated at another record high in the 2025-26 season (October-September) and global trade is projected to be higher with Iraq set to import a record high volume, the US Department of Agriculture (USDA) has said.
In its “Grain: World Markets and Trade”, the USDA said global rice production is expected to be a record high at 541 million tonnes (mt), while consumption is estimated at 542 mt. “Global trade is forecast up this month driven by Burma and the US. Consumption is slightly increased, primarily in Nigeria reflecting multi-year revisions,” it said.
The USDA has projected global trade at 62.04 mt, a tad higher than 2024-25. “Global stocks are forecast lower with reductions for Nigeria, the Philippines and Burma,” it said.
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Source : The Hindu Business line
