By Tyler Durden Soaring rice prices is the latest example of persistent food inflation. The grain is responsible for feeding billions of people, and prices were relatively stable last year while wheat soared until now. Since November, Thailand’s white rice prices jumped to two-year highs,…
By Tyler Durden New satellite imagery shows a large swath of California’s rice fields has been left barren without harvest as fears of a “mini dust bowl” emerge due to diminishing water supplies. Kurt Richter, a third-generation rice farmer in Colusa, the rice capital of…
By Tyler Durden Farmers in China, India, Bangladesh, Indonesia, and Vietnam — the largest rice-producing countries could experience reduced output due to soaring fertilizer prices. The International Rice Research Institute warns that harvests could plunge as much as 10% in the next season, equating to…
By The Ice Age Farmer In the latest blow to global food production, Taiwan is diverting water from rice farms to semiconductor factories to keep the iPhones & car chips flowing. “The Taiwanese public appears to have decided that rice farming is less important, both…
