Record world rice production expected in 2012-2013. - Rice, the basic foodstuff of over half of the world's inhabitants, is expected to hit a record high in production this year, for the third year running, swelling stocks to unknown levels over the past ten years. According to the US Department of Agriculture, world rice production is expected to reach 466 million tonnes during the 2012-2013 harvest years. Historic harvests are expected in about ten countries including Thailand, Vietnam,...