New Delhi. The IGC forecasts global
rice ending stocks at around 93 million tons in 2016/17, down about 4% from an
estimated 97 million tons in 2015/16 due to higher food use in most of the
countries. The IGC expects global rice stocks in 2015/16 to decline sharply
from around 109 million tons in 2014/15 due to a smaller outturn and rising
consumption, mostly on reductions in the main exporters, namely India and
Thailand.
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