Global rice markets face stresses from El Niño, India export restrictions
BY JOSEPH GLAUBER AND ABDULLAH MAMUN OPEN ACCESS | CC-BY-4.0 On July 20, India banned exports of non-basmati price (covered in our blog post of July 25)—aiming to cool rising domestic prices—a move many feared would drive rising global prices higher. Since then, that trend has continued: The benchmark Thai rice price has risen 14%, Viet Nam rice prices are up