Off-season rice output climbs in India and Thailand, the world's top two exporters.
SINGAPORE – Asia’s rice output is set to climb this year as higher prices spur farmers to expand acreage and use more fertilizer, easing supply concerns after production suffered its first decline in seven years in 2022.
A greater area will be planted with rice “in response to increases in rice prices, and greater access to fertilizers could sustain an output expansion from these crops,” Mustafa said. In Thailand, output from this year’s off-season crop is expected to have risen to 5.1 million metric tons, up 24% from a year ago, according to the FAO.
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