Countries worldwide are scrambling to secure rice after a partial ban on exports by India cut global supplies by roughly a fifth
A worker prepare rice for sale in Bangkok, Thailand, on Thursday, Aug. 10, 2023. Countries worldwide are scrambling to secure rice after a partial ban on exports by India cut supplies by roughly a fifth. The lack of clarity about what India will do next and concerns about the El Nino means Thai exporters are reluctant to take orders, mill operators are unwilling to sell and farmers have increased the prices of unmilled rice, said the president of the Thai Rice Exporters Association.
The world is at an “inflection point," said Beau Damen, a natural resources officer with the U.N. Food and Agriculture Organization based in Bangkok. The impact would be felt worldwide. Rice consumption in Africa has been growing steadily, and most countries are heavily dependent on imports. While nations with growing populations like Senegal have been trying to grow more of their own rice — many are struggling.
The archipelago nation is the second-largest importer of rice after China, and President Ferdinand Marcos Jr. has underscored the need to ensure adequate buffers.
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