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Thailand’s rice production to rebound


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By Holly Demaree-Saddler

 

BANGKOK, THAILAND — Thailand’s rice crop is anticipated to rebound as the country’s economy bounces back from COVID-19 challenges, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).

 

Thailand’s rice production is expected to bounce back in the 2021-22 marketing year with a total of 21 million tonnes after being challenged with drought over the past two years. The USDA expects rice consumption to increase 2% to 3% in 2021 and 2022 in line with the expected recovery in the hotel and restaurant sectors from the COVID-1p outbreak in 2020.

 

Based on global economic recovery from COVID-19 and larger exportable supplies, Thailand’s rice exports in 2022 are forecast to increase 29% to nine million tonnes.

 

Full story: https://www.world-grain.com/articles/15048-thailands-rice-production-to-rebound

 

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-- © Copyright WORLD-GRAIN 2021-03-24
 
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