The 2008 global rice crisis occurred between January and May 2008, the international trading price of rice jumped dramatically, increasing more than 300% (from USD $300 to $1,200 per ton) in just four months.[1] By December 2008, prices had decreased substantially, if not returned to previous levels, marking an end to the crisis.
- ^ How Fear Drove World Rice Markets Insane, NPR, November 02, 2011