World under rice shortage?
04/23/2008:
World under rice shortage? The price for rice seems to be going up daily and now there are countries putting limits on exports and also local stores in the US putting limits on how much can be bought by an individual. As the world population and consumers of rice grows, the supply seems not to be keeping up with the rise in demand. Price of rice have gone up by more then 30 percent in the two years from 2005 to 2007. Of the world rice 80 percent is grown in Asia. Major exporters of rice are India, Pakistan, Thailand, Vietnam, and United States. Rice is being imported by Bangladesh, Brazil, Indonesia, Iraq, Philippines, and the Arab world.
World under rice shortage? The price for rice seems to be going up daily and now there are countries putting limits on exports and also local stores in the US putting limits on how much can be bought by an individual. As the world population and consumers of rice grows, the supply seems not to be keeping up with the rise in demand. Price of rice have gone up by more then 30 percent in the two years from 2005 to 2007. Of the world rice 80 percent is grown in Asia. Major exporters of rice are India, Pakistan, Thailand, Vietnam, and United States. Rice is being imported by Bangladesh, Brazil, Indonesia, Iraq, Philippines, and the Arab world.
Labels: india-news, world-news
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