Going Green

Friday, April 4, 2008

Rice Prices at Record High

Rice is the basic staple food for much of the world.

Shortage drives rice prices to record high

Alia McMullen, Financial Post
Published: Friday, April 04, 2008

The global rice shortage has forced prices of the grain to record highs, pushing one of the world's most important staple foods out of reach for those that depend on it most.

"The international rice market is currently facing a particularly difficult situation with demand out stripping supply and substantial price increases," Concepcion Calpe, senior economist for the Food and Agriculture Organization of the United Nations said in Rome.

The FAO predicts...(complete article here).

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