Sam's rice price and market blog
Keeping rice prices affordable for everyone – including the poorest rice consumers – is an underlying aim for IRRI.
In this blog, our economic and policy experts will share their expertise and views on issues related to rice prices, the supply and demand of rice, and rice market and policy issues. Key contributors include economist Samarendu Mohanty, who heads IRRI's Social Sciences Division and regularly contributes articles on the rice market to Rice Today: Rice Facts.
See some of the latest slides on rice supply and demand.
Read my latest article in Rice Today written with Satya R. Das and Murali Gumma about Odisha and ways to help this state fulfill its role as the future granary of India.
The flood situation in central Thailand has gotten worse in the last two weeks. It is almost certain that rice production in Thailand will be lower than last year.
Asian rice markets have been relatively subdued in October and November despite warnings from many quarters that all hell is going to break loose with floods and typhoons in many Southeast Asian countries.
Thailand recently approved a program to pay farmers more for their rice. Despite concerns this would lead to higher rice prices, the market reaction has been subdued and prices may even fall.
The floodwater that is causing havoc in Bangkok had earlier ripped through the central part of Thailand, inflicting damage on millions of hectares of rice. Preliminary estimates indicate that more than a quarter of Thailand’s wet-season rice crop (5 to