India rice export ban prompts panic buying: “We are expecting many, many countries to run out”
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 Published On Jul 26, 2023

India, the world's largest exporter of rice, is banning the export of small and medium-grain rice.

The announcement comes mere days after Russia withdrew from the Black Sea Grain Initiative, which allowed the safe passage of grain exports from Ukrainian ports to other countries during Russia’s war in Ukraine.

Mike Drolet explains the drastic decision and how some fearful consumers have responded.

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