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Lower Rice Yield Predicted For Asia

According to Abdullah Mamun, a research analyst at the International Food Policy Research Institute (IFPRI), rising rice prices as a result of production shortfalls are already "alarm bells." In Thailand, the average cost of 5% broken white rice in June was about 16% higher than the same month last year. The future is uncertain, according to Mamun.

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Lower Rice Yield Predicted For Asia

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  1. Lower Rice Yield Predicted For Asia Lower Rice Yield Predicted For Asia A world still reeling from the effects of the war in Ukraine is expected to be negatively impacted by warmer, drier weather brought on by an El Nino that arrived earlier than usual. This will affect global food security. The EL Ninõ Weather Phenomenon The EL Ninõ Weather Phenomenon Climate change is intensifying El Nino events, which are a natural, sporadic warming of a portion of the Pacific Ocean that alters global weather patterns. This one was revealed in June, about two months earlier than usual, by the National Oceanic and Atmospheric Administration. This allows it time to develop. According to scientists, there is a one in four chance that it will grow to supersized dimensions. El Ninos in the past have caused extreme weather, from drought to floods. A strong El Nino typically results in less rainfall for the thirsty crop, which is bad news for rice farmers, especially in Asia where 90% of the world's rice is produced and consumed.

  2. Worldwide Effects Worldwide Effects According to Abdullah Mamun, a research analyst at the International Food Policy Research Institute (IFPRI), rising rice prices as a result of production shortfalls are already "alarm bells." In Thailand, the average cost of 5% broken white rice in June was about 16% higher than the same month last year. The future is uncertain, according to Mamun. Since last year, global stocks have decreased, in part because Pakistan, a major rice exporter, has experienced devastating floods. The El Nino of this year may make other problems for nations that grow rice worse, such as the war's effect on the availability of fertilizer and some nations' bans on rice exports. According to a recent report by research company BMI, Myanmar, Cambodia, and Nepal are particularly at risk. Recently, the average global temperature has risen to new heights. By the end of June, India's monsoon rains were less intense than normal. Recently, Indonesian President Joko Widodo urged his ministers to prepare for a protracted dry season. Additionally, in the Philippines, water is being carefully managed by the government to safeguard vulnerable areas. Although each El Nino is unique, historical trends indicate that scarce rainfall in South and Southeast Asia will parch the soil, causing cascading effects in the coming years, according to Beau Damen, a natural resources officer with the Food and Agriculture Organization based in Bangkok, Thailand. He believes that some countries, such as Indonesia, may be more vulnerable in the early stages of the phenomenon. According to Kusnan, a farmer in Indonesia's East Java, rice farmers have tried to anticipate this by planting earlier so that when El Nino hits, the rice will be ready for harvest and will not require as much water. Kusnan expressed his hope that any losses this year would be partially offset by the high yields from the previous year. Making of Decisions Making of Decisions A few nations are preparing for a food shortage. After less rain than anticipated and a historic heat wave scorched wheat, India decided to limit rice exports last year amid concerns that domestic food prices would soar. Indonesia was among the countries hardest hit by this decision. India announced last month that it would send more than 1.1 million tons to Indonesia, Senegal, and the Gambia in order to assist in "meeting their food security needs." The El Nino could combine with other factors, such as export restrictions and fertilizer shortages, to “make this a particularly damaging event,” according to Indonesian President Joko Widodo, who has emphasized the importance of water management in the coming weeks. In the Punjab state of northern India, 52-year-old farmer Baldev Singh is already concerned. He usually plants rice from late June to mid-July, but the monsoon rains are required to flood the paddies. Early this month, less than a tenth of the usual rainfall had fallen, and then floods ravaged northern India, destroying recently planted young crops.

  3. Since the 1960s, the government has encouraged Punjab farmers to grow rice alongside their traditional wheat crops in order to improve India's food security, despite the fact that farmers like Singh do not eat rice and irrigation of rice fields has drained the area's aquifers. However, he continues to expand it, banking on the certainty of government purchases at fixed prices. If you are a rice importer wishing to buy rice in bulk or a Rice Exporter willing to export bulk rice, then Tradologie.com is the right platform for you. Tradologie is a Software as a Service platform that facilitates bulk agro-trade across the globe. Through Tradologie’s interface, buyers can avail the best qualities of agro-commodities at negotiable rates. The transaction-oriented platform has 600,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 150 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.

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