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Global rice shortage is set to be the biggest in 20 years
CNBC ^ | 4/19/23 | Lee Ying Shan

Posted on 04/19/2023 8:48:33 AM PDT by CFW

From China to the U.S. to the European Union, rice production is falling and driving up prices for more than 3.5 billion people across the globe, particularly in Asia-Pacific – which consumes 90% of the world’s rice.

The global rice market is set to log its largest shortfall in two decades in 2023, according to Fitch Solutions.

And a deficit of this magnitude for one of the world’s most cultivated grains will hurt major importers, analysts told CNBC.

“At the global level, the most evident impact of the global rice deficit has been, and still is, decade-high rice prices,” Fitch Solutions’ commodities analyst Charles Hart said.

Rice prices are expected to remain notched around current highs until 2024, stated a report by Fitch Solutions Country Risk & Industry Research dated April 4.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: foodshortages; rice; wef
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To: Codeflier

I heard on DoctorRadio that drinking diluted vinegar reduces the carbs that u eat.

I do not believe it and can’t believe DoctorRadio would allow such a statement.


41 posted on 04/19/2023 11:18:21 AM PDT by Karoo
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To: CFW

There goes them weddings


42 posted on 04/19/2023 11:18:40 AM PDT by Varsity Flight ( "War by🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: chajin

Short grain brown rice is my favorite rice I eat if I have a choice. Has a great nutty flavor. Brown Basmati rice is also very good.


43 posted on 04/19/2023 11:19:05 AM PDT by WASCWatch ( WASC)
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To: Mariner

Brown rice at Costco is much less expensive. Short grain brown rice is the way to go. Organic brown rice is less than less than $2/pound. Probable close to $1.50/lb.


44 posted on 04/19/2023 11:23:08 AM PDT by WASCWatch ( WASC)
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To: Codeflier

I particularly love Caroline Gold. So yummy


45 posted on 04/19/2023 11:31:08 AM PDT by Nifster ( I see puppy dogs in the clouds )
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To: WASCWatch

I always buy Calif brown rice because of the elevated arsenic levels in TX and LA and AR rice.

But at these prices I don’t buy rice at all.


46 posted on 04/19/2023 11:36:25 AM PDT by Mariner (War Criminal #18)
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To: Red Badger

I do not think that is too be believed. Billions of people have subsisted primarily on rice for several thousand years.

One must be quite careful of the information consumed and digested from the internet. A lot of it is etremely toxic.


47 posted on 04/19/2023 12:10:10 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
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To: Red Badger

I guess it’s good when you don’t have much else.


48 posted on 04/19/2023 12:15:13 PM PDT by Vermont Lt
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To: WASCWatch

Mahatma Enriched Extra Long Grain White Rice 20 lb Bag, stored for hard times.

$11 as a Walmart subscriber.


49 posted on 04/19/2023 12:25:30 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
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To: citizen

A 20-pound bag of rice is a lot of backup for 11 dollars.

It isn’t end of times stuff, but if someone has to look in their cupboards to figure out how to make those few cans of random foods and that half bottle of ketchup, and a few bullion cubes last a week or two, and then someone lays that 20-pound bag of rice on the counter, well, it really improves the situation.


50 posted on 04/19/2023 12:46:42 PM PDT by ansel12 (NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.)
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To: CFW

I heard on the internet if you believe in global warming you are a natzi.


51 posted on 04/19/2023 5:35:56 PM PDT by logitech (If you choose not to decide, you still have made a choice. )
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To: logitech

“I heard on the internet if you believe in global warming you are a natzi.”

_____

No. You are incorrect. It’s those that believe in global COOLING that are the “natzis”!

Please stay up-to-date with the current narrative. Also, if you are one of those climate CHANGE cultists who are committed to neither global cooling OR warming, but instead believe that any weather event is evidence of human’s harm to the climate of the planet, then you should move to a cave or mud hut. There you can disavow any fossil fuel provided convenience and signal your virtue so that others may learn how to cancel their carbon footprint.

In keeping with the cultist’s life-style and wishes, we will allow your starving body to waste away without assistance from modern technology and depend upon nature to do away with your remains.

I assume your relatives will write the appropriate obituary touting your commitment to saving the planet by listing all the “green energy” groups you had subscribed to but had to abandon once you disavowed advanced communication technology. The smoke signals you sent will be studied for days to try to determine the message being attempted before experts realize you were just trying to start a fire to keep warm.

Rest in peace, climate cultist! Rest in peace.


52 posted on 04/19/2023 6:00:27 PM PDT by CFW (old and retired)
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To: CFW

Maybe I’ll get a teevee so I can tune in and turn on to the correct way of thinking.

Or maybe just burn a couple of tires in celebration of earth day.

Desicions.


53 posted on 04/20/2023 5:32:36 AM PDT by logitech (If you choose not to decide, you still have made a choice. )
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To: PGR88

I know here in Wisconsin, a lot of farmers have been reducing the number of fields they plant, or switching to pasture instead of row crops, because of the cost of the fuel needed to harvest. I can only assume farmers in rice-growing regions are doing the same.

I know I’ve been posting this a lot, but I’m posting it again: https://www.driveonwood.com/ for ways to run a vehicle, tractor, or generator using home-grown fuel.


54 posted on 04/20/2023 8:23:33 AM PDT by Ellendra (A single lie on our side does more damage than a thousand lies on their side.)
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To: Cloverfarm

I never understood that test, because for me the flavor never changed. People told me I was lying for some reason. Thank you for being the first other person I’ve heard about who is missing the same enzyme.


55 posted on 04/20/2023 8:33:43 AM PDT by Ellendra (A single lie on our side does more damage than a thousand lies on their side.)
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