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Commodities

Thai rice exports surge as Ukraine war roils global food supply

Importers rush to snap up alternatives to Russian, Ukrainian grain

A farmer rides alongside a rice field north of Bangkok. Demand for Thai rice exports is accelerating in the wake of Russia's invasion of Ukraine.   © AP

BANGKOK -- Shipments of rice from Thailand, the world's No. 3 exporter of the commodity, are surging as buyers hunt for alternatives to Russian and Ukrainian grain after Moscow's invasion of its neighbor upended global food supplies.

Russian troops massed on the Ukrainian border for months before the war began on Feb. 24, sparking grave concerns over international food security as the two nations account for nearly a third of the world's wheat exports.

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