Italy: Rice consumption soars without wheat, with prices + 21%
Wheat
Rice
Italy
Published May 15, 2022
Tridge summary
The price of rice flies internationally where it has recorded a 21% jump in the last year due to the collapse in grain shipments caused by the war between Russia and Ukraine after India also blocked grain exports. This is what emerges from the Coldiretti analysis based on data from the Chicago stock exchange (Cbot) disclosed on the occasion of the "We laughed at something serious" initiative which takes place over the weekend from the Campagna Amica market in via San Teodoro 74 in Rome throughout Italy (program www.campagnamica.it) with the rice packs of the Focsiv solidarity, 100% Italian FdAI - Italian Agricultural Supply Chain, in various squares in Italy. India's decision aggravates the world food emergency since it is the second world producer of wheat with the aim of exporting 10 million tons in the course of 2022 which now - underlines Coldiretti - will be missing from the market with price increases that mainly affect poor consumers with the risk of new bread riots such as those that occurred in Tunisia, Algeria, and Egypt which has become the largest importer of wheat from India after the stop of the ports on the Black Sea rice prices which this year recorded a jump in trade of + 4% compared to 2021 with a peak of 53.4 million tons according to Coldiretti elaborations on FAO data in April.
Original content
The price of rice flies internationally where it has recorded a 21% jump in the last year due to the collapse in grain shipments caused by the war between Russia and Ukraine after India also blocked grain exports. This is what emerges from the Coldiretti analysis based on data from the Chicago stock exchange (Cbot) disclosed on the occasion of the "We laughed at something serious" initiative which takes place over the weekend from the Campagna Amica market in via San Teodoro 74 in Rome throughout Italy (program www.campagnamica.it) with the rice packs of the Focsiv solidarity, 100% Italian FdAI - Italian Agricultural Supply Chain, in various squares in Italy. India's decision aggravates the world food emergency since it is the second world producer of wheat with the aim of exporting 10 million tons in the course of 2022 which now - underlines Coldiretti - will be missing from the market with price increases that mainly affect poor consumers with the risk of new bread riots such as ...
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