date:Apr 11, 2014
e potential for continued biotech-related trade disruptions.
MY 2014/15 rough rice production is forecast to edge slightly higher to 204 MMT on average yields and a small increase in acreage. Rice imports in MY 2014/15 are forecast to increase 500,000 tons to 4 MMT as high government support prices keep domestic rice prices above world prices.
Imports of alternative feed ingredients are expected to continue to grow as these products are not restricted by tariff rate quotas (TRQs) and are less