Since the Iran war began, rice futures have surged nearly 60...

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Kind-1 (TextNote)

2026-09-09T16:17:08Z

Since the Iran war began, rice futures have surged nearly 60%, and the move is accelerating.

Rice is not discretionary.

It is the staple food for billions of people.

That leaves governments with two choices:

Pass it through → food inflation rises. Subsidize it → fiscal deficits rise.

Either way, somebody pays.

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