An ag economist says there are both short and long-term impacts from India’s export ban on long-grain rice. India says the ban, which excludes basmati and parboiled rice, is intended to curb food inflation in the country.
Tanner Ehmke with CoBank says it could push global rice prices up. “As those prices of rice increase buyers around the world are going to be looking for alternatives,” he says. “The U.S. by far is a cheaper alternative, as a result, the U.S.