2008 Global Rice Shortage

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

Famous quotes containing the words global, rice and/or shortage:

    The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.
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