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Rice prices going up in the months ahead
- Thread starter Byebye Penis
- Start date
Thats weird because way back in 2008, it was at usd1000/ mt and i did not see the price coming down.
Wow good news. CECAs can afford.
Jialat! Many fatty boom boom will suffer.
Poor Sinkies should learn to jia sai.
Bee hoon, kway teow, chwee kueh etc will all be affected. Viet restaurants will have a hard time.
Viet rice still >10% cheaper than thai rice
https://www.bloomberg.com/news/arti...shows-food-inflation-still-stalking-the-world
Rice prices are climbing, a sign that the food inflation shock that threw millions into poverty is still reverberating, even as the cost of wheat and other farm commodities has declined. Thai rice, a benchmark for Asia, has soared to the highest in almost two years. Strong demand lies at the heart of the rally, with some importers buying more of the grain to replace wheat after the war in Ukraine disrupted supplies.
2023 Food Shortage - Africa
Africa’s food crisis is the biggest yet
https://www.reuters.com/graphics/AFRICA-HUNGER/lgpdkknwlvo/
Africa’s food crisis is the biggest yet
https://www.reuters.com/graphics/AFRICA-HUNGER/lgpdkknwlvo/
2023 Food Stortage - Wheat
Pakistan is currently suffering from skyrocketing prices and a shortage of wheat flour, with people waiting in line for hours to receive a single bag
https://www.dw.com/en/pakistan-food-crisis-exacerbated-by-wheat-shortage/video-64577232
Pakistan is currently suffering from skyrocketing prices and a shortage of wheat flour, with people waiting in line for hours to receive a single bag
https://www.dw.com/en/pakistan-food-crisis-exacerbated-by-wheat-shortage/video-64577232
2023 Food Shortage - Potatoes
Potatoes are among Australia’s favourite vegetables. However, we are facing a shortage of processed potatoes, especially of frozen chips. Coles introduced a two-item limit for shoppers seeking frozen potato products.
https://theconversation.com/whats-driving-the-potato-chip-shortage-and-when-will-it-pass-198667
Potatoes are among Australia’s favourite vegetables. However, we are facing a shortage of processed potatoes, especially of frozen chips. Coles introduced a two-item limit for shoppers seeking frozen potato products.
https://theconversation.com/whats-driving-the-potato-chip-shortage-and-when-will-it-pass-198667
2023 Food Shortage - Oranges
Orange Juice Futures Reach a New Record
https://www.wsj.com/livecoverage/fe...tures-reach-a-new-record-CTNV3fIUHyeA8nkghVLE
Orange Juice Futures Reach a New Record
https://www.wsj.com/livecoverage/fe...tures-reach-a-new-record-CTNV3fIUHyeA8nkghVLE
2023 Food Shortage - Beef
US Cattle Herd Inventory hits 8-years low
https://thedeepdive.ca/battle-for-cattle-us-herd-inventory-hits-8-year-low-prices-hit-8-year-high/
US Cattle Herd Inventory hits 8-years low
https://thedeepdive.ca/battle-for-cattle-us-herd-inventory-hits-8-year-low-prices-hit-8-year-high/
2023 Food Shortage - Chicken & Eggs
Avian Flu & Chickens laying less eggs
https://www.nytimes.com/2023/02/02/business/economy/inflation-chickens-egg-prices.html
Avian Flu & Chickens laying less eggs
https://www.nytimes.com/2023/02/02/business/economy/inflation-chickens-egg-prices.html
2023 Food Shortage - Rice
The next big worry for consumers? Rice prices.
https://www.marketwatch.com/livecov...r-consumers-rice-prices--CnwlGwTu1hpD6hYGfCIX
Rice prices will need to be "capped soon" or turn into another global headache for consumers and governments, said Ole Hansen, Saxo Bank’s head of commodity strategy, in emailed comments on Friday.
The next big worry for consumers? Rice prices.
https://www.marketwatch.com/livecov...r-consumers-rice-prices--CnwlGwTu1hpD6hYGfCIX
Rice prices will need to be "capped soon" or turn into another global headache for consumers and governments, said Ole Hansen, Saxo Bank’s head of commodity strategy, in emailed comments on Friday.
There's a reason why rice and rise sound the same.
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