Pakistan posts record rice production
Published on: January 8, 2022.
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ISLAMABAD, PAKISTAN — Pakistan harvested a record rice crop of 8.9 million tonnes in the 2021-22 marketing year, up from 8.4 million tonnes the prior year, according to a Global Agricultural Information Network report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
“New higher-yielding hybrid rice varieties, improved agronomic practices and increased planting area, as farmers shift out of cotton, are factors driving the increased production,” the USDA said.
The agency noted that the Pakistan government’s policy of ensuring rice growers had adequate inputs also contributed to the record production.
Meanwhile, the country’s rice exports in 2020-21 (November-October) were stagnant at 3.8 million tonnes, virtually unchanged from the previous year, the report said. Supply chain disruptions, shipping container shortages, and high transportation costs negatively impacted rice exports.
With this year’s record production adding more stocks, total available supply is estimated to be 11 million tonnes, the USDA said.
“Domestic rice consumption is 3.7 million tonnes, leaving an exportable supply of 7.3 million tonnes for 2021-22,” the USDA said. “This large surplus will provide an opportunity to significantly increase exports, but Pakistani rice will continue to face stiff competition from India and Southeast Asia suppliers.”
Source: https://www.world-grain.com/articles/16322-pakistan-posts-record-rice-production
