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Australian rice woes: high prices, but no water, no crop

April 30, 2008


AUSTRALIA –Australia’s failed rice crop — the country will export barely one-tenth of its usual average this year — has been blamed for contributing to global shortages and a more than doubling of the global rice price. But Sunrice chief executive Gary Helou says the accusation against Australia is “terribly ill-informed,” adding, “Australia is an extremely small player.”

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source: The Australian

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