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Full-Text Articles in Life Sciences
International Rice Outlook: International Rice Baseline Projections 2022-2032, A. Durand-Morat, S. Bairagi, W. Mulimbi
International Rice Outlook: International Rice Baseline Projections 2022-2032, A. Durand-Morat, S. Bairagi, W. Mulimbi
Research Reports and Research Bulletins
Rice prices in Asia increased since the Summer of 2022 mainly due to worries about a reduction in rice production in India caused by an abnormal monsoon season (Fig. 1). The upward trend in export prices solidified after India implemented a 20% export tariff on brown and milled long-grain rice, and a complete ban on exports of broken rice, in September 2022 to curve down exports and release the pressure on domestic rice prices. India’s rice export prices increased since then and proportionally to the value of the export tax. The latest estimates put rice production at 128 million metric …
International Rice Outlook: International Rice Baseline Projections 2020-2030, A. Durand-Morat, S. Bairagi
International Rice Outlook: International Rice Baseline Projections 2020-2030, A. Durand-Morat, S. Bairagi
Research Reports and Research Bulletins
The coronavirus (COVID-19) pandemic and subsequent lockdowns impacted all economies worldwide and created an economic recession far graver than the Great Recession, contracting the global growth of gross domestic product (GDP) nearly by 4.0% in 2020, compared to -2.0% in 2009 (IHS Markit database). COVID-19 disrupted global and local food supply chains, and resulted in a significant increase in food prices (FAO, 2021). Both global and domestic rice prices increased, driven primarily by temporary export restrictions imposed by several leading rice exporters, such as Vietnam and Myanmar. The market uncertainty also created in panic-buying and hoarding; consequently, the rice demand …