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Rice Posts Longest Run of Weekly Drops Since ’08 on Ample Supply
date:Jun 09, 2014
y, replacing India as the top shipper, the Thai Rice Exporters Association said this week.

Rising grain inventories are helping to keep global food costs in check, with the United Nations saying that world prices fell for a second month in May. The Standard Poors GSCI Agricultural Index of eight crops fell for a sixth straight week, the longest slump since October 2011. U.S. farmers are poised to collect record corn and soybean crops, a Bloomberg survey showed.

U.S. crop conditions have been

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