LAO - Harvesting of the 2014 main (wet) season paddy crop is currently underway and will continue until the end of December.
FAO’s current forecast for the aggregate 2014 rice output (including the ongoing main season and the forthcoming 2014/15 secondary seasons), stands at 3.3 million tonnes, about three per cent below last year’s production.
The slight decline is on account of heavy rains in early August that caused localized flooding across northern and central parts of the country, resulting in some crop losses.
In addition, relatively low rice prices at sowing time resulted in a slight contraction in the area planted for the main season rice crop, further contributing to the expected production decrease.
The 2014 maize output is estimated by FAO at 1.13 million tonnes, marginally below last year’s high level.
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TheCropSite News Desk