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Max Armstrong looks at the global rice market and where buyers will turn after India announced it would curtail exports.
September 20, 2022
Max Armstrong reports on the global market wakeup call when India announced it would curtail rice exports. Max notes that India represents more than 40% of rice exports working to augment local supplies and curtail prices. Lower than average monsoon rainfall has hurt production. Max notes that 150 nations count on getting rice from India, and he shares where those countries could turn for alternative sources.
Max Armstrong's Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photo: sakhorn38/Getty Images Plus
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