A benchmark Asia rice price rose to the highest in more than a year, as worries loom over harvests across the region.
Prices for Thai 5% broken white rice climbed to $446 a ton as of Wednesday, the highest since February 2025, according to the Thai Rice Exporters Association. It marks a third weekly gain and comes after the US Department of Agriculture forecast global rice production in the 2026-27 season to decline for the first time in 11 years.
A spike in fertilizer and fuel prices has raised concerns that some farmers in Southeast Asia may skip planting ...