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Thailand exported 2.46 tonnes of rice in the first quarter of this year, up 19.4% from the same period last year, according to Charoen Laothamatas, President of the Thai Rice Exporters Association.
(Bloomberg) -- India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into next year, a move likely to hold the staple grain at close to its highest price levels since the food crisis of 2008.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1
Rice stocks around double the target; Surplus indicates comfortable supplies for domestic market
For the first time in eight years, India's rice output is expected to drop this year, raising the prospect that Prime Minister Narendra Modi's government will extend curbs on exports of the grain to keep a lid on food prices ahead of elections. Production in India, the world's largest rice exporter, is under unusually intense focus after New Delhi banned exports of non-basmati white rice in July, sending global prices surging. However, the state of the crop is hard to predict following an uneven monsoon.
Can you still buy rice in North Texas? Indian-Americans in the area hope so. The grain is an integral ingredient in their cuisine.