Friday, February 15, 2008

Asia faces growing rice crisis


Its getting more and more difficult to stay on top of the growing shortages of human edible grains in the world.
An Indian government ban of rice exports has plunged neighboring Bangladesh into crisis, in a grim preview of growing global grain shortages. Leading rice-exporting nations such as India and Vietnam are reducing sales overseas to check domestic price rises. Previously healthy buffer stocks in the world's largest rice exporter, Thailand, are shrinking.

And for those of you familiar with Asia or even the Discovery Channel, you know Asian countries practically can't survive without rice. For many its the only food they can could afford.

I'll try to find the link and story, but I read yesterday China is following the same policy as India. They want to ensure adequate rice supplies for their own people.

Its not funny, but it reminds me of an old joke: We have to get all we can before the hoarders get it.

Via The Signs.

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