Global rice production for 2012 is forecast to outpace consumption this year and next because of a better-than-expected 2012 crop season, the UN\'s Food and Agriculture Organisation (FAO) said Monday. \"Compared to last year, world rice carryover stocks are expected to rise by seven percent, or 10 million tonnes, to a new high of almost 170 tonnes, marking the eighth consecutive year of stock accumulation,\" the FAO said. It marks the eighth consecutive year of rice stock accumulation. FAO raised its forecast for global production by 4.2 million tonnes because the season has been \"progressing satisfactorily, especially after a revival of the monsoon rains since mid-August allayed fears of a repeat of the 2009 drought in India.\" \"Prospects improved not only for India, but also for Egypt, North Korea, the Philippines, the United States and Vietnam, while they worsened in Myanmar, Colombia and Senegal,\" the Rome-based agency said.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor