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Drop in Palm-Oil Production Shows El Ni?o’s Effects
date:Feb 14, 2016
El Nio that government forecasters in the U.S., Australia and Japan describe as one of the worst since the 1950s. Rice markets in Asia are starting to tighten due to dry conditions, with production in the region expected to have fallen by 3.1 million metric tons to 670 million metric tons last year, according to the United Nations Food and Agriculture Organization.

As India and Thailand are the worlds two largest exporters, this is likely to tighten export markets, which could support higher pr

12/19 02:14