Myanmar’s rice stock at 4M tonnes despite flood damage to 5,000 acres

27 9 2024 14
Export rice bags seen being loaded onto the vessel at Yangon Port.

Although the flood devastated about 5,000 acres of rice fields, Myanmar’s rice stock inventory is estimated at four million tonnes. Consequently, it will not affect exports, said President U Ye Min Aung of the Myanmar Rice Federation.
Typhoon Yagi’s impact caused flooding in some regions and severe damage to nearly 5,000 acres of paddy fields, rice mills and storage facilities.
“The paddy fields were damaged. The flood-inflicted acres reached 5,000. It will not have a significant impact on Myanmar’s rice production, inventory, and exports. There is self-sufficiency of rice with an inventory of four million tonnes remaining. Myanmar’s rice supply chain has to deal with only less damage. Floods battered 3,000 acres in Nay Pyi Taw and some crop acres in eastern Bago Region, Shan State and Kayah State,” MRF President U Ye Min Aung said.
More than 100,000 acres of agricultural land were submerged during severe flooding in 20 towns in Myanmar. Some growers started to replant crops, including rice paddy, in flood-stricken areas.
MRF has a plan to contribute rice seeds and fertilizer for 5,000 affected acres. There are about 15 million acres of monsoon paddy, with an estimated paddy production of 1.088 billion baskets per year. — ASH/KK

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