Dryness seen reducing rice output in India, Thailand, Indonesia
SINGAPORE – Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Nino weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.
India, the world’s biggest rice exporter and No.2 supplier Thailand are expected to see production from their off-season crops…
