Times Staff Guyana’s rice sector is poised for another record harvest in 2025, but while farmers and millers are celebrating strong yields, the international market is proving
Global rice production for the 2024/25 season has been revised upwards by 3.1 million tonnes to a record 535.8 million tonnes (milled basis), nearly 3% higher than last year.
India’s decision to lift rice export bans has led to steep price declines worldwide and altered trade dynamics. The global rice market is currently experiencing significant