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Dry soil to curb Asia's early 2024 rice output, pressure supply
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Niño weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.
Surging rice prices raise spectre of Asian food scare
Bloomberg News, Published on 15/09/2023
» SYDNEY - Rising food prices are likely to prove an additional concern for central bankers trying to subdue inflation as the cost of rice — a staple food in Asia — surges the most since 2008, according to HSBC Holdings Plc.
Soaring rice prices stretch budgets for billions in Asia, Africa
Bloomberg News, Published on 10/08/2023
» KUALA LUMPUR: A surge in rice prices to the highest level in almost 15 years is renewing fears that food costs are going to get a lot more expensive for the world’s poorest people.