Egypt sees rice paddy production jumping to 6.5 mln tonnes.

Egypt expects to produce about 6.5 MMT of rice paddy this season vs 5.1 MMT in LY. Egypt this year planted a total area of rice of about 1.8 million feddans (1.87 million acres), which will enable Egypt to double its rice production. The planted area will yield about 4 million tonnes of white rice, consumption of which is expected at 3.3 million tonnes, allowing for a 700,000 tonne surplus. Egypt does not intend to import additional quantities from abroad, which it did last year despite a surplus after farmers refused to sell to the government because of a dispute over the local buying price.