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    Home > Food News > Food Articles > November US Department of Agriculture supply and demand report (rice part)

    November US Department of Agriculture supply and demand report (rice part)

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
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    News from Washington, November 9: On Tuesday, the US Department of Agriculture released the November supply and demand report.
    The following is the rice part
    .
     
    In 2021/22, US rice supply data is raised, domestic consumption data is raised, export data is lowered, and ending inventory data is raised
    .
     
    The reason for the increase in supply data is the increase in yield data, prompting NASS to increase the rice production data by 3.
    3 million US quintals to 193.
    8 million US quintals
    .
    All rice yields are expected to reach a record 7756 pounds per acre, which is 131 pounds higher than last month’s forecast
    .
    Rice yields in Arkansas, California, Mississippi and Missouri are expected to reach record levels
    .
    The increase in supply was partially offset by the decline in imports, as the monthly report of the US Census and Investigation Bureau showed that rice imports in October were still lagging behind the same period last year
    .
    All rice import data is revised down by 1 million U.
    S.
    quintals to 35 million U.
    S.
    quintals, but still higher than the previous year
    .
     
      Domestic consumption and other consumption data are revised up by 1.
    5 million US quintals to 147.
    5 million US quintals due to increased supply
    .
    Export data is revised down by 1 million U.
    S.
    quintals to 90 million U.
    S.
    quintals because the pace of sales and shipments is slower than expected
    .
    The ending stock forecast for all rice in 2021/22 is revised up by 1.
    8 million U.
    S.
    quintals to 35 million U.
    S.
    quintals, but it is still 20% lower than the previous year
    .
    The estimated average price of all rice farms in 2021/22 remains unchanged at US$14.
    80 per US palan, which is higher than the adjusted 2020/21 US$14
    .
     
      In 2021/22, global rice supply data is revised up, consumption data is revised down, trade data is revised down slightly, and ending inventory data is revised up
    .
     
      Rice supply data is revised up by 3.
    3 million tons to 699.
    2 million tons, mainly due to the increase in Iran’s initial stocks and production data in some countries in sub-Saharan Africa
    .
    The global rice consumption data for 2021/22 was revised down by 1 million tons to 511.
    3 million tons, but it will still be the highest in history
    .
    The reason for the lower rice consumption data is that India's decline was partially offset by the growth of some countries in sub-Saharan Africa
    .
     
      Global rice trade data was revised down slightly to 49.
    7 million tons, as India’s export growth was lower than the decline in China, Myanmar and the European Union
    .
    India’s export data is revised up by 500,000 tons to 19 million tons, which will be the second highest in history and lower than the adjusted 2020/21 export of 20.
    2 million tons
    .
    The global rice ending inventory data for 2021/22 was revised up by 4.
    3 million tons to a record 187.
    9 million tons, mainly due to China and India, which accounted for 60% and 20% of global rice inventories, respectively
    .
    U.
    S.
    Department of Agriculture Rice
     
      In 2021/22, US rice supply data is raised, domestic consumption data is raised, export data is lowered, and ending inventory data is raised
    .
     
      The reason for the increase in supply data is the increase in yield data, prompting NASS to increase the rice production data by 3.
    3 million US quintals to 193.
    8 million US quintals
    .
    All rice yields are expected to reach a record 7756 pounds per acre, which is 131 pounds higher than last month’s forecast
    .
    Rice yields in Arkansas, California, Mississippi and Missouri are expected to reach record levels
    .
    The increase in supply was partially offset by the decline in imports, as the monthly report of the US Census and Investigation Bureau showed that rice imports in October were still lagging behind the same period last year
    .
    All rice import data is revised down by 1 million U.
    S.
    quintals to 35 million U.
    S.
    quintals, but still higher than the previous year
    .
     
      Domestic consumption and other consumption data are revised up by 1.
    5 million US quintals to 147.
    5 million US quintals due to increased supply
    .
    Export data is revised down by 1 million U.
    S.
    quintals to 90 million U.
    S.
    quintals because the pace of sales and shipments is slower than expected
    .
    The ending stock forecast for all rice in 2021/22 is revised up by 1.
    8 million U.
    S.
    quintals to 35 million U.
    S.
    quintals, but it is still 20% lower than the previous year
    .
    The estimated average price of all rice farms in 2021/22 remains unchanged at US$14.
    80 per US palan, which is higher than the adjusted 2020/21 US$14
    .
     
      In 2021/22, global rice supply data is revised up, consumption data is revised down, trade data is revised down slightly, and ending inventory data is revised up
    .
     
      Rice supply data is revised up by 3.
    3 million tons to 699.
    2 million tons, mainly due to the increase in Iran’s initial stocks and production data in some countries in sub-Saharan Africa
    .
    The global rice consumption data for 2021/22 was revised down by 1 million tons to 511.
    3 million tons, but it will still be the highest in history
    .
    The reason for the lower rice consumption data is that India's decline was partially offset by the growth of some countries in sub-Saharan Africa
    .
     
      Global rice trade data was revised down slightly to 49.
    7 million tons, as India’s export growth was lower than the decline in China, Myanmar and the European Union
    .
    India’s export data is revised up by 500,000 tons to 19 million tons, which will be the second highest in history and lower than the adjusted 2020/21 export of 20.
    2 million tons
    .
    The global rice ending inventory data for 2021/22 was revised up by 4.
    3 million tons to a record 187.
    9 million tons, mainly due to China and India, which accounted for 60% and 20% of global rice inventories, respectively
    .
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