Showing 1 - 10 of 34
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.
Philippines 'in talks with Vietnam, India for rice imports'
Bloomberg News, Published on 12/08/2023
» MANILA: The Philippines is in talks to import rice from Vietnam and India as the Southeast Asian nation seeks to boost its buffers and lower prices, an agriculture official said.
Central bank lifts key rate to 9-year high
Bloomberg News, Published on 02/08/2023
» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.
Rice soars to two-year high in Asia
Bloomberg News, Published on 11/07/2023
» Rice prices in Asia have surged to the highest level in more than two years as importers build up stockpiles on fears that the onset of El Niño will parch plantations and damage crops.
Rice glut will be put to test with El Niño’s return
Bloomberg News, Published on 15/06/2023
» The world is awash in rice with global stockpiles at close to record levels. El Niño’s arrival will put those reserves to the test.
Higher sugar prices pose new threat to food inflation
Bloomberg News, Published on 30/03/2023
» Sugar, consumed in everything from chocolate to fizzy drinks and baked products, is becoming ever more expensive, raising costs for the industry and keeping up pressure on global food inflation.
Atlantic could spawn 19 storms as El Nino threat fades
Bloomberg News, Published on 10/08/2017
» BOSTON - The Atlantic hurricane season will probably generate an above-average 14 to 19 named storms that can rattle energy and agriculture markets, now that it is almost certain a system-deterring Pacific El Nino will not arrive.
Chances of a 2017 El Nino? Almost nada.
Bloomberg News, Published on 20/06/2017
» HONG KONG - The chances of El Nino making a comeback this year are getting close to nada.
El Nino seen returning in July
Bloomberg News, Published on 14/03/2017
» HONG KONG/KUALA LUMPUR - El Nino may develop by July as forecasters worldwide predict the pattern that can disrupt global weather is set to return this year.
Oil rally makes desserts expensive when cane becomes a fuel
Bloomberg News, Published on 07/06/2016
» This year’s rebound in oil prices has an unlikely victim: the dessert plate.