TOKYO -- International prices for rice and wheat have spiked to rare highs in recent weeks, driven by India's ban on most rice exports and Russia's ongoing war in Ukraine.
Commodities
Rice prices hit 11-year high as Indian export ban fuels supply fears
Once-stable rice joins expensive wheat in growing risk of 'agflation' and hunger
An Indian farmer carries rice saplings in her field. India banned exports of non-basmati white rice on July 20. © Reuters
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