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Hunger for rice gives sellers the upper hand [1]

For the past 40 years, consumers have had the upper-hand in the global rice market, which has witnessed a steady decline in prices, interrupted only by the brief spike in 1973-74 triggered by the first oil crisis. The structural decline in prices was the result of the Green Revolution, the agronomics movement that spread the use of irrigation, fertiliser and high-yielding varieties of rice in Asia in the late 1960s and led to bumper crops.

Publication Date: 
10/04/2008
Javier Blas [2]
Financial Times (London) [3]
Tags:
Rice [4], World Bank [5], Asia [6], Thailand [7]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/hunger-rice-gives-sellers-upper-hand

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/hunger-rice-gives-sellers-upper-hand
[2] http://admin.indiaenvironmentportal.org.in/category/author/javier-blas
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-times-london
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rice
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/world-bank
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/asia
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/thailand