Post lowers its Marketing Year (MY) 2026/27 milled rice production forecast to 8.6 million metric tons (MMT) and its export forecast to 4.0 MMT, citing an expected strong El Niño and slower paddy purchases by Vietnam. Official milled rice exports reached 792,212 metric tons (MT) in January-August 2026, up about 61 percent year-on-year on a surge in shipments to the Philippines, and are expected to exceed 1 million MT for calendar year 2026.