IBOV 174,301.07 ▲ 0.27% IPSA 10,783.72 ▼ 1.49% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.18% USD/MXN17.51▲ 0.51% USD/CLP934.81▲ 1.06% USD/COP3,269▲ 1.16% USD/PEN3.40▲ 0.64% USD/ARS1,481▲ 0.34% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.17% BRENT 87.37 ▲ 3.73% WTI 81.32 ▲ 3.00% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.35% GOLD 4,023 ▲ 0.94% SILVER 56.27 ▲ 0.66% SOY 1,202 ▲ 0.56% CORN 465.50 ▲ 5.44% WHEAT 679.50 ▲ 0.70% COFFEE 320.20 ▼ 0.34% SUGAR 14.89 ▲ 3.12% ORANGE JUICE 142.05 ▲ 6.17% COTTON 78.93 ▲ 1.60% COCOA 5,580 ▲ 6.98% BEEF 221.10 ▼ 2.63% CATTLE 338.18 ▼ 2.43% LITHIUM 68.43 ▼ 0.63% PETR4 40.92 ▲ 2.58% VALE3 73.07 ▲ 0.12% ITUB4 42.26 ▼ 0.68% BBDC4 18.44 ▲ 0.16% ABEV3 15.66 ▲ 0.38% BBAS3 20.57 ▼ 0.92% B3SA3 15.29 ▼ 0.65% WEGE3 43.62 ▲ 0.30% PRIO3 57.62 ▲ 1.46% SUZB3 42.03 ▲ 0.79% RENT3 38.37 ▼ 1.26% AZZA3 18.43 ▼ 0.54% CSAN3 3.89 ▲ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.53 ▼ 2.32% GMAT3 3.86 ▼ 1.53% PSSA3 55.04 ▼ 0.33% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.53 ▼ 0.59% NATU3 8.53 ▼ 0.35% BRKM5 6.15 ▲ 0.82% RANI3 7.98 ▼ 1.24% CSNA3 5.08 ▼ 0.39% CMIN3 5.29 ▼ 2.94% USIM5 8.12 ▲ 2.78% GGBR4 24.19 ▲ 1.17% ENEV3 25.96 ▲ 0.04% CPFE3 47.28 ▲ 0.19% CMIG4 11.21 ▲ 1.08% EQTL3 39.88 ▲ 0.08% LREN3 13.46 ▼ 1.39% VIVT3 35.83 ▲ 1.01% RAIL3 13.80 ▼ 0.93% KLABIN 17.47 ▲ 0.63% RAIA DROGASIL 18.44 ▼ 0.43% RDOR3 35.76 ▼ 0.31% HAPV3 11.33 ▲ 3.47% FLRY3 16.67 ▲ 1.52% SMTO3 15.64 ▼ 0.51% UGPA3 31.92 ▼ 0.22% VBBR3 34.56 ▲ 0.55% BBSE3 41.04 ▼ 0.34% BPAC11 56.63 ▲ 0.07% CURY3 31.25 ▼ 0.13% AERI3 2.04 ▲ 0.99% VIVARA 23.17 ▼ 0.77% COMPASS 24.97 ▲ 0.24% VAMOS 3.23 ▲ 2.22% SANB11 26.87 ▲ 0.15% ASAI3 8.42 ▼ 1.64% SBSP3 29.50 ▲ 0.68% WALMEX 49.88 ▲ 0.65% GMEXICO 201.57 ▲ 1.17% FEMSA 225.37 ▲ 0.14% CEMEX 22.70 ▼ 0.35% GFNORTE 179.57 ▼ 0.45% BIMBO 59.31 ▲ 2.40% TELEVISA 9.64 ▲ 1.37% AMX 23.27 ▲ 2.15% GAP 388.76 ▼ 0.77% ASUR 279.09 ▼ 0.66% OMA 231.74 ▼ 0.58% KOF 180.90 ▲ 1.08% GRUMA 286.94 ▲ 0.20% KIMBER 38.91 ▲ 0.34% SQM-B 63,931 ▼ 3.21% COPEC 6,123 ▼ 0.06% BSANTANDER 76.84 ▼ 1.69% FALABELLA 5,889 ▲ 0.61% ENELAM 84.16 ▼ 0.75% CENCOSUD 2,003 ▼ 0.11% CMPC 1,073 ▼ 0.09% BANCO CHILE 186.38 ▼ 1.32% LATAM AIR 24.70 ▼ 2.76% YPF 77,800 ▲ 2.27% GGAL 7,780 ▼ 1.08% PAMPA 5,205 ▲ 1.86% TXAR 659.50 ▼ 0.38% ALUAR 939.00 ▼ 0.11% TGS 9,435 ▲ 0.53% CEPU 2,261 ▲ 0.04% MIRGOR 16,725 ▼ 0.15% COME 43.65 ▼ 1.82% LOMA NEGRA 3,540 ▼ 0.49% BYMA 300.25 ▼ 0.41% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.98 ▲ 1.14% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.99 ▲ 0.40% CREDICORP 390.15 ▲ 0.70% SOUTHERN COPPER 176.67 ▲ 0.58% BUENAVENTURA 30.49 ▲ 1.04% MERCADOLIBRE 1,819 ▼ 2.06% NUBANK 13.66 ▼ 0.98% XP 16.90 ▲ 1.32% PAGSEGURO 9.13 ▼ 0.27% STONE 11.14 ▼ 0.58% GLOBANT 32.25 ▲ 0.16% TECNOGLASS 45.68 ▼ 2.46% GAP AIRPORT 222.43 ▼ 1.26% ASUR 279.09 ▼ 0.66% OMA AIRPORT 106.03 ▼ 1.10% AMX ADR 26.52 ▲ 1.45% FEMSA ADR 128.75 ▼ 0.57% CEMEX ADR 12.99 ▼ 0.84% PETROBRAS ADR 17.93 ▲ 2.60% VALE ADR 14.28 ▲ 0.42% ITAU ADR 8.27 ▼ 0.42% SANTANDER BR 5.28 ▼ 0.19% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 — 0.00% GERDAU 4.77 ▲ 1.06% LATAM ADR 53.20 ▲ 0.04% BTC 63,292 ▼ 0.78% ETH 1,830 ▼ 1.80% SOL 74.60 ▼ 0.89% XRP 1.08 ▼ 0.38% BNB 562.51 ▼ 1.69% ADA 0.16 ▲ 1.82% DOGE 0.07 ▼ 0.31% AVAX 6.49 ▼ 0.25% LINK 8.18 ▼ 1.87% DOT 0.85 ▼ 0.67% LTC 44.75 ▼ 0.43% BCH 216.51 ▼ 2.30% TRX 0.32 ▼ 0.06% XLM 0.19 ▲ 0.49% HBAR 0.07 ▼ 0.78% NEAR 1.92 ▼ 2.57% ATOM 1.51 ▲ 0.29% AAVE 91.12 ▼ 0.01% SELIC 14.25% EMBRAER 82.76 ▲ 1.21% EMBRAER ADR 64.69 ▲ 0.49% JBS 11.93 ▼ 0.83% JBS BDR 60.85 ▼ 1.06% MBRF3 15.21 ▼ 0.52% MBRFY 3.00 ▲ 2.39% INTER 5.42 ▼ 2.17% EGX 52,928 ▲ 0.70% USD/ZAR16.51▲ 0.50% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.48▲ 0.05% USD/CNY6.77▼ 0.12% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14▲ 0.01% GBP/USD1.35▼ 0.66% SPX 7,495 ▼ 0.51% DJI 52,530 ▼ 0.04% NDX 28,761 ▼ 0.91% RUT 2,958 ▼ 0.56% TSX 35,344 ▲ 0.01% VIX 18.06 ▲ 7.95% USD/CAD1.40▼ 0.25% US10Y 4.5370 ▼ 0.70% IBOV 174,301.07 ▲ 0.27% IPSA 10,783.72 ▼ 1.49% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.17% USD/MXN 17.51 ▲ 0.51% USD/CLP 934.81 ▲ 1.06% USD/COP 3,269 ▲ 1.16% USD/PEN 3.40 ▲ 0.64% USD/ARS 1,480 ▲ 0.31% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.87% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.17% BRENT 87.37 ▲ 3.73% WTI 81.32 ▲ 3.00% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.35% GOLD 4,023 ▲ 0.94% SILVER 56.27 ▲ 0.66% SOY 1,202 ▲ 0.56% CORN 465.50 ▲ 5.44% WHEAT 679.50 ▲ 0.70% COFFEE 320.20 ▼ 0.34% SUGAR 14.89 ▲ 3.12% ORANGE JUICE 142.05 ▲ 6.17% COTTON 78.93 ▲ 1.60% COCOA 5,580 ▲ 6.98% BEEF 221.10 ▼ 2.63% CATTLE 338.18 ▼ 2.43% LITHIUM 68.43 ▼ 0.63% PETR4 40.92 ▲ 2.58% VALE3 73.07 ▲ 0.12% ITUB4 42.26 ▼ 0.68% BBDC4 18.44 ▲ 0.16% ABEV3 15.66 ▲ 0.38% BBAS3 20.57 ▼ 0.92% B3SA3 15.29 ▼ 0.65% WEGE3 43.62 ▲ 0.30% PRIO3 57.62 ▲ 1.46% SUZB3 42.03 ▲ 0.79% RENT3 38.37 ▼ 1.26% AZZA3 18.43 ▼ 0.54% CSAN3 3.89 ▲ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.53 ▼ 2.32% GMAT3 3.86 ▼ 1.53% PSSA3 55.04 ▼ 0.33% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.53 ▼ 0.59% NATU3 8.53 ▼ 0.35% BRKM5 6.15 ▲ 0.82% RANI3 7.98 ▼ 1.24% CSNA3 5.08 ▼ 0.39% CMIN3 5.29 ▼ 2.94% USIM5 8.12 ▲ 2.78% GGBR4 24.19 ▲ 1.17% ENEV3 25.96 ▲ 0.04% CPFE3 47.28 ▲ 0.19% CMIG4 11.21 ▲ 1.08% EQTL3 39.88 ▲ 0.08% LREN3 13.46 ▼ 1.39% VIVT3 35.83 ▲ 1.01% RAIL3 13.80 ▼ 0.93% KLABIN 17.47 ▲ 0.63% RAIA DROGASIL 18.44 ▼ 0.43% RDOR3 35.76 ▼ 0.31% HAPV3 11.33 ▲ 3.47% FLRY3 16.67 ▲ 1.52% SMTO3 15.64 ▼ 0.51% UGPA3 31.92 ▼ 0.22% VBBR3 34.56 ▲ 0.55% BBSE3 41.04 ▼ 0.34% BPAC11 56.63 ▲ 0.07% CURY3 31.25 ▼ 0.13% AERI3 2.04 ▲ 0.99% VIVARA 23.17 ▼ 0.77% COMPASS 24.97 ▲ 0.24% VAMOS 3.23 ▲ 2.22% SANB11 26.87 ▲ 0.15% ASAI3 8.42 ▼ 1.64% SBSP3 29.50 ▲ 0.68% WALMEX 49.88 ▲ 0.65% GMEXICO 201.57 ▲ 1.17% FEMSA 225.37 ▲ 0.14% CEMEX 22.70 ▼ 0.35% GFNORTE 179.57 ▼ 0.45% BIMBO 59.31 ▲ 2.40% TELEVISA 9.64 ▲ 1.37% AMX 23.27 ▲ 2.15% GAP 388.76 ▼ 0.77% ASUR 279.09 ▼ 0.66% OMA 231.74 ▼ 0.58% KOF 180.90 ▲ 1.08% GRUMA 286.94 ▲ 0.20% KIMBER 38.91 ▲ 0.34% SQM-B 63,931 ▼ 3.21% COPEC 6,123 ▼ 0.06% BSANTANDER 76.84 ▼ 1.69% FALABELLA 5,889 ▲ 0.61% ENELAM 84.16 ▼ 0.75% CENCOSUD 2,003 ▼ 0.11% CMPC 1,073 ▼ 0.09% BANCO CHILE 186.38 ▼ 1.32% LATAM AIR 24.70 ▼ 2.76% YPF 77,800 ▲ 2.27% GGAL 7,780 ▼ 1.08% PAMPA 5,205 ▲ 1.86% TXAR 659.50 ▼ 0.38% ALUAR 939.00 ▼ 0.11% TGS 9,435 ▲ 0.53% CEPU 2,261 ▲ 0.04% MIRGOR 16,725 ▼ 0.15% COME 43.65 ▼ 1.82% LOMA NEGRA 3,540 ▼ 0.49% BYMA 300.25 ▼ 0.41% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.98 ▲ 1.14% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.99 ▲ 0.40% CREDICORP 390.15 ▲ 0.70% SOUTHERN COPPER 176.67 ▲ 0.58% BUENAVENTURA 30.49 ▲ 1.04% MERCADOLIBRE 1,819 ▼ 2.06% NUBANK 13.66 ▼ 0.98% XP 16.90 ▲ 1.32% PAGSEGURO 9.13 ▼ 0.27% STONE 11.14 ▼ 0.58% GLOBANT 32.25 ▲ 0.16% TECNOGLASS 45.68 ▼ 2.46% GAP AIRPORT 222.43 ▼ 1.26% ASUR 279.09 ▼ 0.66% OMA AIRPORT 106.03 ▼ 1.10% AMX ADR 26.52 ▲ 1.45% FEMSA ADR 128.75 ▼ 0.57% CEMEX ADR 12.99 ▼ 0.84% PETROBRAS ADR 17.93 ▲ 2.60% VALE ADR 14.28 ▲ 0.42% ITAU ADR 8.27 ▼ 0.42% SANTANDER BR 5.28 ▼ 0.19% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 — 0.00% GERDAU 4.77 ▲ 1.06% LATAM ADR 53.20 ▲ 0.04% BTC 63,292 ▼ 0.78% ETH 1,830 ▼ 1.80% SOL 74.60 ▼ 0.89% XRP 1.08 ▼ 0.38% BNB 562.51 ▼ 1.69% ADA 0.16 ▲ 1.82% DOGE 0.07 ▼ 0.31% AVAX 6.49 ▼ 0.25% LINK 8.18 ▼ 1.87% DOT 0.85 ▼ 0.67% LTC 44.75 ▼ 0.43% BCH 216.51 ▼ 2.30% TRX 0.32 ▼ 0.06% XLM 0.19 ▲ 0.49% HBAR 0.07 ▼ 0.78% NEAR 1.92 ▼ 2.57% ATOM 1.51 ▲ 0.29% AAVE 91.12 ▼ 0.01% SELIC 14.25% EMBRAER 82.76 ▲ 1.21% EMBRAER ADR 64.69 ▲ 0.49% JBS 11.93 ▼ 0.83% JBS BDR 60.85 ▼ 1.06% MBRF3 15.21 ▼ 0.52% MBRFY 3.00 ▲ 2.39% INTER 5.42 ▼ 2.17% EGX 52,928 ▲ 0.70% USD/ZAR 16.50 ▲ 0.71% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.43 ▲ 0.06% USD/CNY 6.7755 ▲ 0.18% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1443 ▼ 0.01% GBP/USD 1.3446 ▼ 0.25% SPX 7,495 ▼ 0.51% DJI 52,530 ▼ 0.04% NDX 28,761 ▼ 0.91% RUT 2,958 ▼ 0.56% TSX 35,344 ▲ 0.01% VIX 18.06 ▲ 7.95% USD/CAD 1.4016 ▼ 0.16% US10Y 4.5370 ▼ 0.70%
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Friday, July 17, 2026

Malaysia’s Rice Crisis: What’s Being Done?

By · September 28, 2023 · 2 min read

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Facing a rice shortage, Malaysia’s local supply meets only 70% of its needs, leading to frequent empty supermarket shelves.

A rise in global rice prices has made matters worse. Even India has stopped exporting rice.

In response, Bernas, a state-run company, raised imported rice prices by 36%. As a result, people are clamoring for cheaper local rice.

The government is acting fast. They want to boost paddy yields from 5 to 7 tonnes per hectare.

The aim? To achieve 80% self-sufficiency in rice by 2030.

Moreover, they are developing hardy paddy seedlings. These can be harvested in just 75 days.

Malaysia's Rice Crisis: What's Being Done?. (Photo Internet reproduction)
Malaysia’s Rice Crisis: What’s Being Done?. (Photo Internet reproduction)
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At the same time, talks with India are ongoing. Malaysia is also looking for new suppliers in Vietnam, Thailand, and Cambodia.

The Agriculture Minister has a short-term plan too. He wants local millers to produce 20% more rice within a month.

He says Malaysia has enough rice stockpiled to last 4-5 months.

Meanwhile, consumers are feeling the squeeze. Prices for other food items like cooking oil are also up.

Some restaurants absorb the extra costs but may have to charge more soon.

El Nino is causing dry weather, which hurts local rice farming. Thus, the crisis isn’t just a food issue.

It’s also a climate issue.

This situation calls for a thorough review of Malaysia’s food policies. A diversified supplier base is crucial.

So is sustainable local production. Both can protect Malaysia from global hiccups in supply.

 Background  Malaysia’s Rice Crisis

Expanding on this, Malaysia’s initiative to increase local rice production is a step in the right direction.

Yet, this must be paired with advances in farming technology for long-term benefits.

On another note, consumer panic buying exacerbates the shortage. Public education could help alleviate this.

Trade relations also play a significant role. Talks with India and exploring options with other countries aim to diversify import sources.

This minimizes risk. It’s also worth noting that economic factors, like rising food prices, disproportionately affect lower-income families.

Finally, the situation highlights the need for a comprehensive review of Malaysia’s food security policies.

These should be agile enough to adapt to both internal and external shocks.

 

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