2008 Global Rice Shortage
The 2008 Global Rice Crisis occurred between January and May 2008, the international trading price of rice jumped dramatically, increasing more than 300% (from USD $300 to $1,200 per ton) in just four months. By December 2008, prices had decreased substantially, if not returned to previous levels, marking an end to the crisis.
Read more about 2008 Global Rice Shortage: Causes, Effects, Ending The Crisis
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