The Cost Of The Grain That Feeds Half The World Just Posted Biggest Monthly Surge Since 2008

The Cost Of The Grain That Feeds Half The World Just Posted Biggest Monthly Surge Since 2008 Asian rice prices logged their biggest monthly gain in nearly two decades in May, as a Gulf energy shock collides with an expected El Niño event later this year. The spike adds to the mounting risks of a broader food price shock that could emerge as soon as six months from now. Any time rice prices spike, it is a major concern because the grain feeds more than half the world's population,...