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MY2020/21 rice production is forecast to recover to 1.7 million metric tons after several years of below average production due to adverse weather conditions.
Milled rice production for MY 2020/21 is projected at 1.4 million metric tons (MMT). Post projects MY 2020/21 imports at 1.3 MMT, unchanged from the MY 2019/20 estimate.
Post forecasts market year (MY) 2020/21 cotton fiber production at a record for a third consecutive year, at 1.0 million bales (480 lb.).