Rice & Wheat supply is being lockdown

[The_King]

The wheat market is starting to get shaken up by the coronavirus pandemic.

The European Union’s No. 2 wheat exporter became the first major shipper to formally halt exports...

Russia, Ukraine and Kazakhstan have also put limits on agricultural trade....

Sos:
https://www.bloomberg.com/news/articles/2020-04-15/from-export-bans-to-hoarding-how-wheat-trade-is-being-disrupted




Coronavirus exposes ASEAN divisions on rice security

BANGKOK/MANILA -- The rapid spread of new coronavirus cases in Southeast Asia has exposed the region's divisions on food security, particularly as rice-growing nations move to lock up supplies of the staple.

In Thailand, the world's second-biggest rice exporter, a curfew imposed on April 3 is driving consumers to hoard rice for fear of a prolonged stay-at-home order. Meanwhile, Vietnam, the third-largest exporter, imposed a rice export ban on March 24, with Cambodia following suit.

Such actions by major rice growers have raised concerns in importer nations and prompted senior officials from the Association of Southeast Asian Nations members to hold an urgent meeting earlier this month to seek ways of securing food supplies in the 10-nation regional bloc.

Sos:
https://asia.nikkei.com/Politics/International-relations/Coronavirus-exposes-ASEAN-divisions-on-rice-security




Indian rice exports suspended as lockdown disrupts supply chain: Report

Indian rice traders have stopped signing new export contracts amid the nationwide lockdown to curb the spread of coronavirus, as labour shortages and logistics disruptions have hampered the delivery of even existing contracts, industry officials said.

The halt in exports from the world's biggest exporter is allowing rival countries such as Thailand to raise shipments in the short term and lift global prices, forcing millions of poor consumers in Africa to pay higher prices.

"Shipments have stalled as transport has become very difficult because of the lockdown. Drivers are not coming and labour is not available at mills and ports," said B.V. Krishna Rao, president of the Rice Exporters Association (REA).

Indian traders have stopped offering quotes to overseas buyers as they are not sure when they would be able to ship their cargoes, four top exporters told Reuters

Sos:
https://www.indiatoday.in/business/story/indian-rice-exports-suspended-as-lockdown-disrupts-supply-chain-report-1663745-2020-04-06