The recent disruption brought on by India’s prohibition on rice exports has sent shockwaves through the global food market in a globe still reeling from the consequences of COVID-19, unfavorable weather, and regional wars. Worries of a coming food crisis reminiscent of historical occurrences in the late 20th and early 21st centuries have been raised by alarming shortfalls in rice …

Not only has Russia withdrawn from the Black Sea grain agreement, but India’s recent announcement of a ban on the export of various rice varieties has also contributed to the current upheaval in the world food markets. This partial pullout from the rice market has caused severe concerns about the likelihood of uncontrollable food inflation, especially in nations of the …