Global rice output set to drop for first time in a decade as stockpiles shrink

Falling harvests meet record demand, tightening every shipment

Global rice production is forecast to fall for the first time in a decade as declines in India, Myanmar, and the US collide with record consumption and trade. That mix is expected to reduce global stockpiles just as costs rise, with higher fertilizer and energy bills and possible monsoon disruptions in India adding further risk to supplies.