RICE

Rice is a vital food crop to well over half of the world’s population. Over 100 countries across the globe, from the lowest to the highest levels of income, produce and consume rice. This crop is produced by millions of small farmers across the developing country on smallholdings often less than one hectare in size. In countries where rice makes up a large proportion of people’s caloric intake, the level of rice prices is one of the most important determinants of poverty at the household level in the short run. Rice is the best‐known subsistence crop in Madagascar and occupies an important place in the agricultural sector. Malagasy people spend half or more of their food budget on rice. Small change on international and domestic prices can have a significant effect on food security. Rice is the staple food for a large majority of the people of Madagascar. Currently, local production does not cover the demand of the local population.