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- (-) May 2023
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FAS/San José is projecting a small marketing year 2023/24 production increase to 1.44 million 60-kilogram bags, based on positive initial flowering, expected appropriate fertilization levels, and better overall condition of farms.
Milled rice production for MY 2023/24 is projected at 1.2 million metric tons (MMT) an 11 percent increase from MY 2021/22. Post projects milled rice production for MY 2022/23 at 1.1 MMT, a 3 percent increase from MY 2021/22.
Post forecasts MY 2023/24 cotton fiber production at 700,000 bales (480 lb.) The MY 2022/23 estimate for exports has dropped to 650,000 bales.