The Rising Price of Rice

A recent trip to the grocery store may have surprised a few customers if they traveled there with the intent of purchasing a bag of rice. More specifically, they may have been surprised if they were seeking to purchase long grained rice that is traditionally grown in Southeast Asia. While some grocery stores may not still carry a large supply of long grained Jasmine (or similar types of rice), other stores still offer the precious product but at a higher price than previously offered at. The alternative of shorter, American grown grains of rice has become the replacement solution for some American families, but others have chosen to pay a higher price for their favorite variety of rice. For example, a fifty pound bag of this long grained Jasmine rice that was purchased at just twenty-five dollars a bag about six months ago may go for as much as forty dollars a bag today.

This rising cost of rice is obviously a concern for many families, both inside of America and out. Although it may simply be a part of the rising cost of global foods, the cost of rice could have detrimental impacts on many people. According to an Associated Press article published in late March 2017, the price of rice on world markets climbed at least fifty percent in the early months of 2017 and also doubled since 2007. The rice rise has caused a decline in the price of rice cookers so it’s much easier to grab one at this website.

Experts have offered several possible causes of the increase in the price of rice in general. One obvious cost is probably directly related to the monumental increase in the price of fuel. With the cost of fuel at such a high price, the cost related to transporting rice and any other shipped agricultural product is also increased. Additionally, the cost of fertilizing has also increased, which may be another reason for the increase in the price of rice. Naturally, a third possible explanation for the growing cost of imported rice is the possibility of the detrimental affects of natural disasters on the rice fields.

A more recent of these natural disasters include the Cyclone Nargis, which swept through Myanmar, including the rice fields of the Irrawaddy region. Although the full effects of the cyclone’s disastrous path are still unknown, the price of rice has already increased as a result of the destruction of some of the rice fields. Disease, pests, and climate change could also be contributing to the rise in the price of rice.