Netflix Earnings Preview: Key Technical Levels to Watch Amid Tariff Concerns and High Valuation
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Netflix Earnings Preview: Key Technical Levels to Watch Amid Tariff Concerns and High Valuation
17 Apr 2025, 10:21
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Rice, the staple food for over half the world, is facing major threats — from climate extremes to political missteps. The cost? Rising prices, falling supply, and a growing risk to food security.
Why Rice Matters More Than Ever
Rice feeds more than 50% of the global population. Countries like Japan, China, and Indonesia see it not just as food, but as a strategic asset. In fact, Japan recently dipped into emergency reserves for the first time in over a decade due to soaring prices.
Nations are racing to become self-sufficient. China has launched a 10-year food security plan, and Indonesia has set aside land equal to the size of Jamaica to expand rice farming.
But the Land Is Working Against Them
Indonesia’s ambitious plan to farm one million hectares in South Papua is already under fire. Scientists warn the region’s poor soil and dry climate make it unsuitable for rice. Past attempts to farm peatlands in Borneo failed disastrously, creating acidic soil and fuelling wildfires.
Even in fertile areas like North Sumatra, rice expansion schemes have clashed with scientific advice. Failed crops, abandoned fields, and environmental damage are repeating patterns.
Science Stalls and Innovation Under Threat
Efforts to develop vitamin-enriched rice (like Golden Rice) have been blocked by legal challenges. Funding cuts — especially from the US under Donald Trump’s presidency — have also stalled global rice research.
Institutions like the International Rice Research Institute (IRRI), once pivotal in preventing famine, are now struggling with reduced overseas aid.
Meanwhile, breakthrough projects like “C4 Rice” — which aims to supercharge photosynthesis and boost yields — face long timelines and uncertain support.
Climate Change Is Reshaping the Rice Equation
Global warming is already altering weather patterns, making wet seasons wetter and dry spells more severe. The result? Unpredictable harvests and lower yields.
Scientists estimate rice production needs to grow by at least 15–20% to meet global demand in coming decades — and do so using less water and emitting less carbon. This is especially urgent in Africa, where demand is rapidly rising.
What This Means for Prices and the Future of Rice
As climate instability grows, the risks to rice production multiply. Expect:
If scientific innovation slows and climate extremes worsen, rice could become a high-cost commodity — affecting everyone from policymakers to the average shopper.
Conclusion: More Than Just a Side Dish
Rice isn’t just a dietary staple — it’s fast becoming a barometer of global stability. With climate change, failed mega-projects, and waning support for research, the world risks falling behind just when food security needs to leap ahead. The longer these challenges go unaddressed, the more expensive the price of rice — and global hunger — could become.
Source: (Sciencedirect.com, FT.com)