--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20221103-global-rice-harvest-may-decline/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Global rice harvest may decline Publication Date: 2022-11-03T15:00:06-04:00 Last Updated: 2022-11-02T14:08:32-04:00 Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/) Categories: [Markets](https://www.fertilizerdaily.com/markets/) ![Global rice harvest may decline](https://www.fertilizerdaily.com/wp-content/uploads/2022/11/grass-plant-field-lawn-meadow-barley-921997-pxhere.com_-scaled-1.jpg) The forecasts are not optimistic. In the 2022-2023 agricultural year, the global rice harvest may decline by 2.1% to 505 million tons, the International Grains Council predicts. According to the estimates of its specialists, the volume of world trade in rice will decrease by 4% to 49 million tons, its carryover stock balances will decrease by 5.1% to 169 million tons. Global rice consumption in the 2022-2023 agricultural year may decrease by 1.1% to 520 million tons, mainly due to falling demand for it in India and China. Tags: [agriculture](https://www.fertilizerdaily.com/tag/agriculture/), [rice](https://www.fertilizerdaily.com/tag/rice/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.