"#Rice prices surged to their highest in almost 12 years" for several reasons.
"Among them: extreme climate from #GlobalWarming, along with the onset of #ElNiño for the first time in seven years, Russia’s withdrawal from the Black Sea grain initiative and protectionist food policies in the form of #TradeRestrictions."
#ClimateInflation
https://www.cnbc.com/2023/08/22/asia-food-inflation-fears-rise-as-rice-prices-surge.html