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Rice Prices Reach 12-Year High Amid Export Restrictions

In a startling turn of events, the United Nations food agency’s rice price index surged by 2.8% in July, marking its highest level in almost 12 years. The sharp increase has been…

by Omolara Ibrahim
August 5, 2023
AGRICULTURE/BENIN/GUINEA/IVORY COAST/SENEGAL/TOGO/WAMARKETS

India’s Rice Export Halt Sparks Global Food Inflation Concerns

In a move that has sent shockwaves through the global food markets, India, the world’s largest rice exporter, has ordered a halt to its largest rice export category. The decision to ban…

by Omolara Ibrahim
July 24, 2023
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