Thai Rice Hits $446 a Ton as Global Output Faces First 11-Year Drop

3 articles · Updated · Bloomberg · May 20

$446 a ton marked the highest price for Thai 5% broken white rice since February 2025, extending the benchmark’s rally for a third straight week.
USDA’s outlook drove the latest gains after it projected global rice production in the 2026-27 season will decline for the first time in 11 years.
Harvest worries across Asia are adding to the pressure, lifting a key export benchmark and signaling tighter supply expectations in the region.

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As rice prices surge, is the world stumbling unprepared into a larger, climate-driven food crisis?

Can genetic engineering outpace climate change to create a 'super rice' and secure the world's food supply?