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September 8, 2008 12:40:24 PM CDT

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Stories related to: rice prices

Stories

6 Stories

  • May 2008

    • US Predicts Bumper Crops Will Ease Food Crisis

      Reuters  |  May 10, 08 9:11 AM CDT

      US Predicts Bumper Crops Will Ease Food Crisis

      (Newser) - Farmers worldwide will reap record-breaking harvests of wheat and rice this year, the US projects, and the news is expected to ease some of the worldwide concern about food prices. The USDA says good weather will bring bumper crops that will replenish depleted stocks, Reuters reports. Analysts warned, however, that prices will remain high for some time and that the world's poor will still need food aid. More »

      Tags

      agriculture  • farming  • crops  • USDA  • wheat  • food supply  • rice prices  • wheat prices  • food security  • global food market

    • Thailand Plans OPEC-Style 'Rice Cartel'

      Bangkok Post (Thailand)  |  May 1, 08 9:54 AM CDT

      Thailand Plans OPEC-Style 'Rice Cartel'

      (Newser) - The prime minister of Thailand is exploring the idea of setting up a rice price-fixing cartel with four other governments in southeast Asia, including the military dictatorship of Burma. The Bangkok Post reports that Samak Sundaravej wants to establish an OPEC-style collective of producers that will influence the market for rice, whose rapidly rising price has resulted in protests and hunger riots. More »

      Tags

      Burma  • Myanmar  • food prices  • Thailand  • Samak Sundaravej  • rice  • rice prices

  • April 2008

    • Rice Is the New Oil

      Newsweek  |  Apr 27, 08 3:31 PM CDT

      Rice Is the New Oil

      (Newser) - Even as the burgeoning price of oil slaps consumers at the pump, a darker global market crisis looms as rising commodities prices compound the pressures of poverty worldwide. The UN has said that spiking food prices have started "a silent tsunami threatening to plunge more than 100 million people on every continent into hunger." Newsweek investigates the causes, which are both complicated and simple. More »

      Tags

      China  • United Nations  • India  • food  • food prices  • poverty  • hunger  • speculation  • rice prices  • hunger riots

    • Sam's Club Joins Costco in Limiting Rice Purchases

      Bloomberg  |  Apr 23, 08 8:25 PM CDT

      Sam's Club Joins Costco in Limiting Rice Purchases

      (Newser) - Sam's Club joined Costco today in limiting how much rice customers can buy, Bloomberg reports. The restrictions by the nation's largest warehouse retail chains come with the price of rice at record highs around the world, which has spurred some to begin hoarding, Bloomberg notes. Sam's Club customers can buy no more than four bags per visit. More »

      Tags

      Wal-Mart  • food prices  • Costco  • Sam's Club  • rice prices  • flour

    • Costco Sees High Demand for Basics Rice, Flour

      Reuters  |  Apr 22, 08 9:56 PM CDT

      Costco Sees High Demand for Basics Rice, Flour

      (Newser) - Costco is seeing unusually high demand for basics such as rice and flour, Reuters reports, a development the warehouse giant attributes to customer uncertainty over global food shortages. The company, which sells to individual shoppers as well as restaurants, has put limits in place for those items at some stores. Customers are apparently stocking up amid heavy media coverage of a global food crunch. More »

      Tags

      food prices  • Costco  • food supply  • rice prices  • flour

    • Crisis Looms as Rice Prices Soar

      Guardian (UK)  |  Apr 6, 08 2:21 PM CDT

      Crisis Looms as Rice Prices Soar

      (Newser) - Rice feeds half the world's population, but this year there isn't enough to go around and prices have risen by 50% over the last two weeks alone. Population growth is outpacing production, and stocks are at a 30-year low after droughts decimated harvests in China and Australia. Countries are banning rice exports and punishing hoarders to prevent looming food riots, the Guardian reports. More »

      Tags

      climate change  • India  • McDonald's  • exports  • Asia  • consumer prices  • drought  • Bangladesh  • rice  • food riots  • rice prices  • wheat prices

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