Are World Rice Prices About to Skyrocket?

Britain's Overseas Development Institute (ODI) has put out a disturbing report about the rising price of rice and its likely impact on the world's poor, particularly in major rice importing countries in Africa. But the ODI's analysis seems dated and appears to be highly selective in its use of data. Is this, one might ask, just a question of being behind the times or of the inbuilt bias of development agencies towards crying wolf at every opportunity.

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