“The rapid emergence of El Niño has raised concerns about possible impacts on rice production in South and Southeast Asia,” writes Philippines Financial News.
In the coming months, global rice markets could be impacted by the looming El Niño, low fertilizer availability, and restrictive trade policies, the World Bank said, citing the International Food Policy Research Institute. South Asian and Southeast Asian countries account for almost 60 percent of global rice production and more than 80 percent of global rice exports.
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