Why I eat a lot of rice and wheat
The U.S. Department of Agriculture (USDA) says the country’s rice and corn imports are on the rise and its wheat and barley are on a decline.
The agency released the latest report on the global food supply and market for September 22, 2017.
The USDA said U.K. rice imports have risen 7.7 percent to 7.6 million metric tons, while Canadian corn imports rose 6.7% to 6.6 billion metric tons.
The biggest increases were in Chinese imports, which rose 8.5 percent to 2.1 billion metric ton.
The rice market has been a hotbed of concern in recent years, with the country recently announcing plans to import a third of its rice, and other Asian nations have pledged to import some of their own grains.
“Rice imports in 2017 have increased substantially, while the volume of wheat imports declined by about one-third,” the USDA report said.
The U.N. food agency said it is also concerned about the growing popularity of processed grains, which can include rice, wheat and corn, as well as legumes and pulses.
and China have been the world’s top two producers of rice, with China having exported about half of its crop last year, according to the USDA.
China and the U.k. are both importing more rice than they can meet, the USDA said, citing the high costs of growing rice.
China, for example, pays $3.30 per kilogram for a pound of rice compared to $0.96 for a kilogram of wheat, while rice costs $2.30 to $2,600 per pound for the same commodity in the U., it said.
Food prices for rice and grains are rising rapidly in the developing world due to poor conditions, the report said, adding that the price increases are primarily driven by the “rising demand” for the commodities.
In addition, the price of corn and soybeans have risen sharply, with corn prices rising more than 30 percent in 2017, while soybean prices have risen almost 18 percent.