Daily Archives: July 19, 2012

Singapore – Asia’s rice mountain to pressure prices as buyers lose appetite

Source: Jakarta Globe17/07/2012 – Asia’s bulging stocks of rice, coupled with the waning appetite of top buyers, will keep a lid on prices of the grain in coming months, promising relief to food importers grappling with a one-third jump in the prices of corn and wheat since mid-June.

USA – Ark. rice farmers sue company over hybrid rice

Source: CBS News17/07/2012 –  A group of Arkansas rice farmers sued company that produces hybrid seed on Monday, claiming that RiceTec Inc. supplied them with seed that produced an inferior crop and sometimes didn’t grow well enough to be harvested.