This FARMD Featured Topic provides a brief introduction to some of the key market risks faced by rice sector participants globally. This Topic shares the experience, insight and research of practitioners and academics working and researching in this space. Authors include representatives from the University of Arkansas, the National Center for Agricultural Economics and Policy Research (ICAR) in India, the University of Manchester and the University of Cocody-Abidjan in Côte d’Ivoire.
Many of the world’s poor depend on rice for their livelihood and approximately 3.5 billion people are reliant on rice as their staple food source. As such, market risks including price volatility, exchange rate fluctuation, and counterparty / default risks are a major concern for rice sector participants.