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Rice Traders Panic
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<blockquote data-quote="3fifty7" data-source="post: 528291" data-attributes="member: 7894"><p>As China, India and others industrialize more the people will have a larger income and will consume more. This coupled with the fact that world wide rice acreage will be down due to high fuel, ferterlizer costs and acreage given up to other crops should continue to drive rice prices up. For the first time in the history of our farm has been given the option to book in advance next years crop prices(Which I they are doing for their benefit not ours).</p></blockquote><p></p>
[QUOTE="3fifty7, post: 528291, member: 7894"] As China, India and others industrialize more the people will have a larger income and will consume more. This coupled with the fact that world wide rice acreage will be down due to high fuel, ferterlizer costs and acreage given up to other crops should continue to drive rice prices up. For the first time in the history of our farm has been given the option to book in advance next years crop prices(Which I they are doing for their benefit not ours). [/QUOTE]
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