A Rice Shortage Is Sending Prices Soaring Across the World. And Things Could Get Worse
The price of a 25-kilogram (55-pound) bag of rice has risen by about a fifth since June, going from the equivalent of about $14 to $18.
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The price of a 25-kilogram (55-pound) bag of rice has risen by about a fifth since June, going from the equivalent of about $14 to $18.
By ANIRUDDHA GHOSAL and EVELYNE MUSAMBI The Associated Press Francis Ndege isn’t sure if his customers in Africa’s largest slum can afford to keep buying rice from him. Prices for rice grown in Kenya soared a while ago because of higher fertilizer prices and a yearslong drought in the Horn of Africa that has reduced […]
Francis Ndege isn't sure if his customers in Africa's largest slum can afford to keep buying rice from him. Prices for rice grown in Kenya soared a while ago
Francis Ndege isn’t sure if his customers in Africa’s largest slum can afford to keep buying rice from him.Prices for rice grown in Kenya soared<a class="excerpt-read-more" href="https://whdh.com/news/a-rice-shortage-is-sending-prices-soaring-across-the-world-and-things-could-get-worse/">Read More</a>
Countries worldwide are scrambling to secure rice after a partial ban on exports by India cut global supplies by roughly a fifth.