Global rice prices peak to over 11-year high as output set to dip 2.7%
Rice prices have soared to their highest since November 2011 with the production of the cereal projected to drop by 2.7 per cent during the current season (August 2022-July 2023), the Food and Agriculture Organisation (FAO) has said. “Rice production is downgraded somewhat, largely on account of an area-based reduction for China, which overshadowed revisions … Read more