Posted by Steve (Billy Steven Crider) on May 6, 2008, 4:58 pm
AFP UN experts: too soon to tell cyclone's
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This result details the cyclone in Myanmar, and it's possible effects on rice prices. The cyclone was just reported on the evening news on WRAL to have wiped out the rice growing regions in this area to the extent that only 5 days supply of the grain is on hand. This region which only produced 40,000 tons of rice last year, was expected to produce 600,000 tons this year due to restrictions which were relaxed. This in the face of global food shortages. It seems Famine still looms...
affect on rice prices
BusinessWeek - 1 hour ago
By FRANCES D'EMILIO Myanmar, where vast rice-growing areas were wiped out by Saturday's cyclone, had been expected to greatly increase exports this year. ...
Myanmar cyclone stirs more rice supply fears Reuters India
Myanmar Rice Shipment to Proceed After Deadly Cyclone (Update1) Bloomberg
Cyclone could hurt Myanmar rice exports: WFP AFP
Wall Street Journal - Colombo Page
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http://www.businessweek.com/ap/financialnews/D90GAT3G2.htm
Well, have suggested you buy rice lately...? Just when were wishing one OPEC would go away...
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Rice Isn't Oil, Even If Some Asians Think It Is: William Pesek
Bloomberg - 1 hour ago
Turns out, it's rice. That's at least what some Asian leaders think. Hence a plan in Southeast Asia to create an OPEC-like cartel to manage rice supplies ...
Plans to form rice cartel unlikely to succeed Hindu Business Line
RP gov’t lifts requirements for rice bidding; Thailand drops plan ... Manila Bulletin
Stores impose limits as rice stocks shrink New Zealand Herald
Inquirer.net - International Herald Tribune
all 369 news articles »
http://www.bloomberg.com/apps/news?pid=20601039&sid=a4QnULQ98.Zs&refer=home
Bangladesh bans export of non-aromatic rice for six months
Xinhua, China - 5 hours ago
DHAKA, May 6 (Xinhua) -- The Bangladesh caretaker government Tuesday imposed ban on export of rice for six months except aromatic varieties to lower prices ...
Export of rice, except for aromatic varieties, banned till Nov 7 The Daily Star
all 2 news articles »
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