S. Korea’s rice production expected to fall in 2018.

South Korea’s rice production was expected to have fallen this year due to bad weather and reduced rice paddies. Rice output was estimated at 3,875,000 tons in 2018, down 2.4 percent from a year earlier. It was well below the five-year average of about 4.2 million tons in rice production. The scorching heatwave in summer negatively affected the rice yields. The rice cultivation area dropped to 738,000 hectares this year from 755,000 hectares in the previous year. Despite the supply fall, the country’s rice demand was estimated at 3,780,000 tons this year, staying below the rice production.