Tag: rice output forecast
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South Korea: Rice production projected to decline in 2026
Cultivation area declines 1.1% amid government efforts to diversify crop production. Favourable weather during key growth stages is expected to support yields. South Korea rice production is projected to decline 0.6% y-o-y to 3.52 million tonnes (mnt) in 2026, compared with 3.54 mnt last year. The projected decline is primarily attributed to a reduction in…