# FAO Forecasts World Rice Output to Rise 1.3 Percent in 2023-2024 Season - ក្រសួងព័ត៌មាន

> The FAO forecasts world rice output will rise 1.3% to 523.5 million tonnes in 2023-24, driven by higher producer prices and easing fertiliser costs. The FAO All Rice Price Index is up 7.5% since December and at its highest since 2011. The agency flags El Niño as a key uncertainty for Asian crops.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/35557-fao-forecasts-world-rice-output-to-rise-1-3-percent-in-2023-2024-season
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A larger expected crop eases supply pressure, but record-high price levels and El Niño risks keep rice feed-cost support in place.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-03-28 | [Food Security Update \| World Bank Response to Rising Food Insecurity \| Netherlands for the World Bank](https://feedsoft.ai/events/36757-food-security-update-world-bank-response-to-rising-food-insecurity-netherlands.md) | -4.2% | -5.2% |
| RICE | 2023-02-10 | [Rice Outlook: February 2023 \| Economic Research Service](https://feedsoft.ai/events/37404-rice-outlook-february-2023-economic-research-service.md) | -3.1% | -11.5% |
| RICE | 2025-02-12 | [Midsouth Rice Production and Trade Update for 2024/25](https://feedsoft.ai/events/26131-midsouth-rice-production-and-trade-update-for-2024-25.md) | +0.1% | -3.1% |
| RICE | 2023-03-03 | [Global cereal stocks falling in 2022/23; early prospects point to a decline in wheat production in 2023 – FAO](https://feedsoft.ai/events/12656-global-cereal-stocks-falling-in-2022-23-early-prospects-point-to-a-decline-in.md) | -7.1% | +2.1% |
| RICE | 2018-09-18 | [Govt eyes record 285.2 MT foodgrain output in 2018-19 despite deficit rains so far this monsoon – Firstpost](https://feedsoft.ai/events/63000-govt-eyes-record-285-2-mt-foodgrain-output-in-2018-19-despite-deficit-rains-so.md) | -4.6% | +4.4% |

## Sources

- information.gov.kh: https://www.information.gov.kh/articles/107340

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.