Global Rice Market

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Title: Global Rice Market

Essay Details:

Subject: Business

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Date: September 26, 2014

Level: College

Grade: B

Length: 1 / 226

Essay text:

“This implies that the market may react very strongly to any good or bad news about crops or policies,” she stated. Production is also expected to rise in Africa, Latin America and the European Union, while it may contract in Japan, one of the few countries where producer prices fell last year, the agency said. Meanwhile, the forecast for Australia is “dismal,” in light of extremely low water availability, and a decrease is also expected in the United States, owing to competition from more profitable crops. According to FAO, global rice prices have risen by about 20 per cent since January, reflecting the limited supplies available for sale...

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