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Iran war and El Nino threaten world rice supply pushing prices toward strain

Economy
Published on 2 May 2026
Iran war and El Nino threaten world rice supply pushing prices toward strain

Farmers in top exporters face damage as demand shifts

The Iran war is rippling through global rice markets, unsettling both major exporters and key importers. Farmers and traders in Thailand and Vietnam report disruption alongside growing weather pressures from El Nino, while countries dependent on imports such as the Philippines and Indonesia brace for tighter supplies. The result could be renewed price pressure as shipments and demand realign.

  • Iran war impacts farmers in Thailand and Vietnam
  • El Nino adds pressure to already strained supply chains
  • Import-reliant Philippines and Indonesia face potential shortages
  • Market shifts could drive rice prices higher
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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