International rice prices have reached the highest level in 15 years . This is because people are worried that there won't be enough rice to go around. Foreign media like Yahoo Finance and Bloomberg News reported this on the 21st. They said that the price of rice has gone up because more people want it and because of El Niño. The Thai Rice Export Association said the price of 'Thailand White Rice 5% Ssaragi' was $650 per ton the day before. That's a 2.5% increase from the week before. This is the highest price since October 2008. In early August, rice prices went up a lot. India stopped exporting a lot of rice. Thailand had a bad crop because of dry weather. Prices went down in September and October, but they started going up again in November. This could mean that food prices will go up in the next few months. This is especially true in countries that rely on rice a lot, like the Philippines. Indian Prime Minister Narendra Modi is concerned about food prices inc...
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