{"id":1649,"date":"2008-05-09T17:53:27","date_gmt":"2008-05-09T09:53:27","guid":{"rendered":"http:\/\/maddruid.com\/?p=1649"},"modified":"2009-03-01T13:08:09","modified_gmt":"2009-03-01T05:08:09","slug":"1643-of-bernas-is-unbelievable","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=1649","title":{"rendered":"[1643] Of Bernas is unbelievable"},"content":{"rendered":"<blockquote><p>KUALA LUMPUR: Padiberas Nasional Berhad (Bernas) has blamed private commercial millers for the recent rice shortage in the local market.Bernas managing director Bakry Hamzah said private millers who controlled 55% of the local rice market had significantly reduced their production in expectation that prices would rise. [<a href=\"http:\/\/thestar.com.my\/news\/story.asp?file=\/2008\/5\/9\/nation\/21202703&amp;sec=nation\" target=\"_blank\"><em>Bernas blames private commercial millers for rice shortage<\/em><\/a>. The Star. May 9 2008.<\/p><\/blockquote>\n<p>Really?<\/p>\n<p>Meanwhile, Malaysia spooked the global rice market:<\/p>\n<blockquote><p>CHICAGO, May 8 (Reuters) &#8211; U.S. rice prices soared 3-1\/2 percent or 75 cents per hundredweight, Thursday&#8217;s daily maximum, after Malaysia bought a large amount of rice from Thailand and cyclone-ravaged Myanmar abruptly turned from rice exporter to a country in need of food donations.<\/p>\n<p>[&#8230;]<\/p>\n<p>&#8220;The Malaysian purchase was more than expected and sooner than expected &#8230; another good example of how aggressive rice buyers are right now,&#8221; a Chicago rice trader said. [<a href=\"http:\/\/www.guardian.co.uk\/business\/feedarticle\/7505474\" target=\"_blank\"><em>U.S. rice soars 3-1\/2 pct as Malaysia buys<\/em><\/a>. Sam Nelson. Reuters via Guardian. May 8 2008]<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: Padiberas Nasional Berhad (Bernas) has blamed private commercial millers for the recent rice shortage in the local market.Bernas managing director Bakry Hamzah said private millers who controlled 55% of the local rice market had significantly reduced their production in expectation that prices would rise. [Bernas blames private commercial millers for rice shortage. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[216],"class_list":["post-1649","post","type-post","status-publish","format-standard","hentry","category-economics","tag-food-security"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1649"}],"version-history":[{"count":1,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1649\/revisions"}],"predecessor-version":[{"id":2695,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1649\/revisions\/2695"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}