Forwarded from Ice Age Farmer
India's drought conditions bode poorly for #rice prices — and for #FoodPrices in general as supplies run short of other grains.
#India
#India
Forwarded from Ice Age Farmer
World’s largest rice exporter restricts shipments
India has banned sending broken rice abroad and imposed a 20% duty on other varieties.
The South Asian nation cited food security concerns in making the move, which was announced on Thursday, as below-average monsoon rainfall had curtailed planting. India exports rice to more than 150 countries.
IceAgeFarmer note: this is the “food nationalism” that was described by Podesta’s Food Chain Reaction Game leading to massive geopolitical instability and hunger
#india #rice
https://www.rt.com/business/562484-india-restricts-rice-exports/
India has banned sending broken rice abroad and imposed a 20% duty on other varieties.
The South Asian nation cited food security concerns in making the move, which was announced on Thursday, as below-average monsoon rainfall had curtailed planting. India exports rice to more than 150 countries.
IceAgeFarmer note: this is the “food nationalism” that was described by Podesta’s Food Chain Reaction Game leading to massive geopolitical instability and hunger
#india #rice
https://www.rt.com/business/562484-india-restricts-rice-exports/
RT
World’s largest rice exporter restricts shipments
Major global rice exporter, India, has reportedly curbed shipments to provide domestic availability