Rice: Stirring Up Trouble in International Trade
Aug 31, 2017 | 09:15 GMT
(JOHANNES EISELE/AFP/Getty Images)
- Among basic commodities, rice is one of the most heavily protected by governments worldwide, particularly in the Asia-Pacific region.
- The global rice market will likely be vulnerable to disruption in the short term as exports remain concentrated among a handful of producers.
- The rice industry will continue to be a point of contention in international trade negotiations — especially those that involve the United States, the only major rice exporter in which the bulk of the population doesn't consider the grain a dietary staple.