July 30, 2023
In fact, weve reached twoโyear highs lately, and the reason for that is because unusual weather, particularly hot weather in asia, and this has caused crops, particularly rice yields, to suffer. so, india, which is worried about domestic food inflation, decided that they would put a ban on rice exports and therefore hope, in the hope that their own domestic prices would therefore start to stabilize, irrespective of what happens to global rice prices. so thats definitely an impact on rice. but ...