Philippines May Lose 600,000 Tons of Rice From Supertyphoon

Super Typhoon Megi satellite photo Oct. 18 (Bloomberg) — The Philippines, the world’s biggest rice buyer, may lose 600,000 metric tons of the crop as Supertyphoon Megi, the strongest to hit the nation this year, strikes some of the nation’s biggest producing areas, a government official said. Rice futures advanced. “Once the typhoon hits those [...] continue reading world news