Myanmar halts rice exports as floods hit crop
Myanmar halted rice shipments after floods over the past month inundated farmland, raising the specter of supply disruptions in the sixth-biggest exporter.
The Myanmar Rice Federation voluntarily suspended exports to prevent an increase in prices after more than 200,000 acres (about 81,000 hectares) of paddy fields were damaged by floods, Thaung Win, the federation’s central executive committee member, said by phone.
