Rice prices are set to keep rising as demand for the staple is outstripping production, the International Rice Research Institute (IRRI) has said.The Philippines-based body said in its Rice Today publication that more research was needed in how to increase rice productivity.
The price of rice has risen by as much as 70% during the past year, with increases accelerating in recent weeks.
Several rice-producing countries have put curbs on exports in recent weeks.
Read More