Share
Why Rice Markets Are In Crisis Mode
Global supplies of rice are facing its most significant shortage in two decades, exacerbating food insecurity fears. Rice is a staple food for over half the world’s population. India’s export bans sent shockwaves through markets as some argue the country is using food as a political pawn. America’s $34 billion rice industry must compete against the same market uncertainty while managing droughts, floods and changing temperatures. Watch this video to learn more about how global rice markets influence food security, geopolitics and the livelihoods of millions of farmers.
Chapters:
00:00 — Introduction
01:40 — Rice farming
03:08 — Distorted markets
05:04 — Looming threats
07:47 — Policy potential
Produced Edited by: Andrea Miller
Animation: Josh Kalven
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, APTN, Reuters, CCTV
Sun, 05 Nov 2023 17:00:01 GMT
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.