ASEAN and Global Rice Situation and Outlook
The ASEAN and global rice market fundamentals in 2011–2012 indicate record production and growth in global stocks. International reference prices for long grain white rice have declined significantly from levels of the previous 3 years. The baseline projections presented in this paper imply a growth in output, consumption, stocks and trade, assuming normal weather and a continuation of current policies.
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Eric J. Wailes and Eddie C. Chavez
(August 2012)
Asian Development Bank