Increased panic buying of food due to coronavirus lockdowns has led to price spikes for the world’s two staple grains – rice and wheat. Reuters data showed, rice prices are now the highest since late April 2013. Importers have rushed to stockpile the goods, while exporters have curbed shipments. The price of rice has hit seven-year highs, while wheat futures[Read More...]
The post Coronavirus Pandemic: Rice and wheat prices surge may threaten global food security appeared first on Countercurrents.
Source