Tag: rice

https://www.reuters.com/markets/commodities/rice-get-costlier-weather-indias-farm-perks-threaten-supply-2023-07-06/ Rice prices are at their highest in 11 years and are expected to rise further due to several factors. India, which accounts for over 40% of global rice exports, has increased payments to farmers, leading to higher prices for rice. The El Nino weather pattern, which typically brings lower rainfall to Asia where rice…