# The Global Food Crunch: Will Rice Be Next? 30.05.2022 - UkrAgroConsult

> Analysts say India may be the next country to restrict rice exports after its curbs on wheat and sugar, though an immediate ban seems unlikely. India supplies about 40% of global rice trade, and inflation in the country is at an eight-year high.

- Date: 2022-05-30 · published 2022-05-30T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/41476-the-global-food-crunch-will-rice-be-next-30-05-2022-ukragroconsult
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A possible Indian rice export ban would tighten world supply sharply and lift prices for rice and substitute feed grains, so the risk is a bullish factor for feed costs.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-08-01 | [Why India's rice ban could trigger a global food crisis - BBC News](https://feedsoft.ai/events/12033-why-india-s-rice-ban-could-trigger-a-global-food-crisis-bbc-news.md) | +2.9% | +3.9% |
| RICE | 2022-05-30 | [Thailand, Vietnam Discuss Joint Rice Price Hikes \| UkrAgroConsult](https://feedsoft.ai/events/41474-thailand-vietnam-discuss-joint-rice-price-hikes-ukragroconsult.md) | -1.4% | -7.2% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| RICE | 2018-03-19 | [Rice exporters in fear as move to hike MSP will make it expensive in global markets - The HinduBusinessLine](https://feedsoft.ai/events/65962-rice-exporters-in-fear-as-move-to-hike-msp-will-make-it-expensive-in-global.md) | -0.8% | +4.8% |
| RICE | 2020-04-29 | [Bank forecasts rise in food prices next month](https://feedsoft.ai/events/9191-bank-forecasts-rise-in-food-prices-next-month.md) | -4.2% | -3.0% |
| CORN | 2022-01-20 | [Argentinian soybean and corn farmers could get full relief from export taxes until Dec. 31, 2022 20.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/14061-argentinian-soybean-and-corn-farmers-could-get-full-relief-from-export-taxes.md) | +1.6% | +6.7% |
| CORN | 2021-11-11 | [Will the Fertilizer Crisis Hit Global Grains Production? \| CZ app](https://feedsoft.ai/events/44009-will-the-fertilizer-crisis-hit-global-grains-production-cz-app.md) | -0.8% | +3.4% |
| CORN | 2020-04-29 | [Bank forecasts rise in food prices next month](https://feedsoft.ai/events/9191-bank-forecasts-rise-in-food-prices-next-month.md) | +2.5% | +2.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/the-global-food-crunch-will-rice-be-next/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.