Peter Timmer News Today

SOARING rice prices can be attributed to three related events that are products of flawed policy decisions made by politicians and agriculture officials.

Welcome to the website of the President of Ireland.

Region’s millions depend on rice for 50% to 70% of their calorie intake.

The kitchen budget has deteriorated due to inflation around the world, meanwhile, the ban on rice exports by India for the last few days has caused a stir in the world. Over the past week, India imposed more restrictions on boiled and basmati rice, pushing rice prices in Asia to a 15-year high on Wednesday.…

Indias restrictions on rice exports have caused panic in the global market, with rice prices in Asia nearing a 15-year high. The anxiety over supply is justified as rice is a vital food source for billions of people. The onset of El Niño threatens to further disrupt the market, and if Thailand and Vietnam follow Indias lead in imposing export controls, world rice prices could surpass $1,000.

Global rice prices have surged again after India imposed a total export ban, as analysts warn that poor consumers will feel the brunt.

Rice prices in Asia jumped back near the highest level in almost 15 years on Wednesday . Read more at straitstimes.com.

Rice prices in Asia jumped back near the highest level in almost 15 years on August 30 after India slapped more curbs on parboiled and basmati over the previous weekend.

India, the world’s top shipper has placed restrictions on all of its exports, panicking governments from Asia to West Africa.

India's rice export ban comes in a moment of rough climate and geopolitical conditions, but a coordinated international response can keep food markets stable.