Pakistani rice losing steam
July 23, 2013
When India made a re-entry in the non-basmati export market back in November 2011, no one was expecting its unreliable and whimsical export policies to wreak any kind of lasting damage on the Asian rice bloc. But six months later, the rice producing giant was shipping out more of the staple grain than any other country in the world.
Over the last two years, successive years of bumper rice crops, rising minimum support prices, and a massive central storage system that…