Because only a small share of production enters the global market, the world rice market remains susceptible to substantial price volatility. Price volatility is exacerbated by trade policies of importers and exporters seeking to protect their consumers from high prices and ensure adequate...

Large and rapid increases have occurred for many food commodity prices during 2010-11. Long-term production and consumption trends underlay rising food commodity prices, but worldwide production shortfalls and changes in trade policies and practices in a number of countries sparked the sharp...