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Reuters
Reuters
Business
By Naveen Thukral and Rajendra Jadhav

Analysis-Global rice supplies at risk as harsh weather hits top exporters

FILE PHOTO: Labourers unload rice bags from a supply truck at India's main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, September 2, 2021. Picture taken September 2, 2021. REUTERS/Rajendra Jadhav

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation that is already near record highs.

Rice has bucked the trend of rising food prices amid bumper crops and large inventories at exporters over the past two years, even as COVID-19, supply disruptions and more recently the Russia-Ukraine conflict made other grains costlier.

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