2012-11-13upi.com

``There are two bits of good news. The first is that rice is enjoying a bumper harvest. The second is that prices aren't spiraling out of control as they did four years ago, in part because a number of reforms in the market quietly developed by the FAO and the Group of 20. With more transparency and information on crops and pricing at global level and more coordination by leading food importers and exporters, FAO Director General Jose Graziano da Silva says these reforms helped to "stop the worst drought in decades [from] turning into a food price crisis as has happened in the past."''


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