Robert Zeigler, director-general of the International Rice Research Institute, talks with Bloomberg about causes of the global rice shortage, factors driving prices and solutions to the problem. Rice climbed to a record of more than $25 per 100 pounds as Wal-Mart Stores Inc.'s Sam's Club warehouse unit restricted the purchases of some types of rice in the U.S. WFP warns of a silent famine.
Source: Bloomberg
we got no rice because farmers are all growing grain for Bio petrol which makes them get higher profits!
chesterchan2005 3 years ago