Burma: Flood in Myanmar Impact Rice Production and Export
Estimated milled rice production in Myanmar for MY 2015/16 has been reduced by 400,000 metric tons from the MY2014/15’s level due to flooding in late July and early August. As a result of the flooding, domestic prices increased and an export ban was put in place, expected to last thru mid-September. About 250,000-300,000 metric tons of rice exports were delayed or cancelled because of this action. Trade sources now expect 2015 rice exports to total 1.6 million metric tons.
