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#5506

Always (Moderator)

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Re:Asian Continent-Holistic View 6 Months ago

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Shortages have begun to hit some importing countries.

Factors contributing to the price rise include:

Poor harvests resulting from extreme weather...

perhaps modern technology can help farmers
in times of good weather?

A rise in demand in some rice-importing countries,
where populations and incomes are growing

Thailand is one ofthe largest rice exporters?

The expectation of further price increases - resulting in hoarding
Low stockpiles and a long term lack of agricultural investment

this is it? ...

India-
the International Rice Research Institute says that the sustainability of rice farming in India and beyond is threatened by overuse of fertilisers and soil health.

Bangladesh-
Spiralling rice prices have left the people of Bangladesh facing their worst food shortages since the major famine of 1974.

Phiippines-

Fears of public unrest are growing.

Thailand-
Some millers have hoarded rice in an attempt to earn higher profits later on, pushing prices higher still as they restrict supply.

China_
has moved to protect consumers by restricting exports.

Japan-

Instead of importing rice, Japan heavily subsidises its rice farmers, paying them as much as four times the market price and restricting imports.

Its scientists are already looking for varieties that will be resistant to higher temperatures caused by climate change.

http://news.bbc.co.uk/2/hi/south_asia/7324596.stm