20220722 market spotlight 01

The price of Asia's main food has not been anything like the wild ride of other staples. (Photo by Akira Kodaka)

Thailand export earnings threatened by rice glut

Opinions diverge over outlook as fertilizer shortages loom

TOKYO/BANGKOK -- The surge in wheat and corn prices driven by Russia's invasion of Ukraine hit consumers around the world and made it harder for some to put bread on the table. But some Asian countries are grappling with a contrasting problem: a glut of rice that threatens to deal a blow to their export earnings.

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