Global Rice Shortage Sparks Soaring Prices and Heightens Concerns

A rice shortage caused by India's ban on rice exports and the impact of the El Nino weather phenomenon is driving up prices globally, putting vulnerable populations at risk. With India being the largest exporter of rice, the ban has created a gap of around 10.4 tons of rice, roughly a fifth of global exports. Countries are scrambling to secure rice supplies, and there are concerns that other nations may follow India's lead, exacerbating the shortage. Extreme weather events and the growing demand for rice in Africa further contribute to the precarious food security situation.