Asian rice crisis

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Peter Timmer. July 2, Peter Timmer [1] The G8 Summit has come and gone, and with it a missed opportunity for Japan to take center stage for helping to resolve the world rice crisis.

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Soaring price of staple food for millions sparks protests and worries governments. Fluctuations in rice prices and shortages in supply could potentially touch off unrest [AFP] Cambodia has become the latest Asian country to impose restrictions on exports of rice — the staple food for half the world's population. The government announced the two-month export ban to ensure "food security" on Thursday, blaming surging overseas demand — particularly in Africa and the Middle East - for the skyrocketing cost of rice.

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Soaring global food prices have led to a precarious situation in Asia, where government efforts to restrict rice exports are exacerbating shortages. Q: In the past famines have been about local or regional shortages. Experts have told us that the problem is not a global lack of food per se but rather problems in distribution.

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Every Filipino is wasting 14 grams of milled rice per day, which is equivalent to about 3 tablespoons per person per day. The amount of rice wasted by million Filipinos can feed 4. We were supposed to write about the graft and corruption case filed against Vice President Jejomar Binay because we think that issues like these should be tackled to raise awareness among citizens.

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Dawe, D. David Dawe, The case of rice research in India ," Food PolicyElsevier, vol.

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Spiraling food costs. Everyone is talking about it in Asia — over morning coffee, on the trains, over family dinners, even during the elevator ride up to work. In particular, the surging price of rice.

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Research activity and project outlines. From the end of to the middle ofthe world prices of major grains abruptly and drastically surged to unprecedented levels. The price of rice in particular rose much more quickly than other grains, such as wheat and maize, tripling within this very short period. Since rice is a commodity which is produced and consumed as a staple in many developing countries, the impact of the price hike was serious to the economic welfare of poor people.

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While the Philippines is known for its agricultural lands, the country continues to face recurring rice crises over the years. While cause for deep concern, these issues are not entirely new to Filipinos. Soaring prices, weevil infestationsand the depletion of reserves in several areas worried Filipinos incausing an uproar and even raising questions on the leadership of National Food Authority NFA Administrator Jason Aquino.

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The recent price hike in rice has caused many people, from Asia to Africa, to panic. Expectedly, perhaps, as more than half of the world's population depend on rice for food, most of them the poorest of the poor. In the Philippines alone, the 'shortage' triggered daily long queues of low-income people in different parts of Metro Manila desperate to buy a few kilos of subsidised imported rice, rationed by the government's National Food Authority. The price of commercial rice was high enough to affect even the middle class.

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