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After India s export bans, rice at its highest in 15 years, says FAO

World rice prices hit a 15-year high in August, rising nearly 9.8 percent month-on-month after India's export restrictions. World food prices as a whole fell slightly last month, dragged down by lower prices for cereals, vegetable oils, meat and dairy products. However, rice reserves in the world are expected to reach their highest level ever in the next few years, according to the Food and Agriculture Organization of the United Nations (FAO) The U.N. reached an agreement with the Philippines on Thursday to secure its rice imports for five years.

Latest Updates on World Rice Prices: Highest in 15 Years due to India s Export Curbs

Latest Updates on World Rice Prices: Highest in 15 Years due to India s Export Curbs
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USA, exports + 4% - RisoItaliano

In the US, rice prices contracted slightly last month, although they were unchanged at the beginning of June. Exports in May amounted to 175 thousand

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