Struggling Farmers Furious After Iraq Stops Buying US Rice, Opts For Cheaper Grain From India [View all]

[Purveyor]

By Associated Press,

DAYTON, Texas — The talk of the day among Ray Stoesser and other rice farmers is Iraq’s decision not to buy U.S. rice, a stinging move that adds to a stressful year punctuated by everything from drought to unusual heat.

Stoesser and other farmers know Iraqis struggled during the U.S. invasion and subsequent occupation. They know most countries — and people — buy based on price.

But at the moment, with production costs rising, export markets shrinking and rice prices dropping, it’s difficult to be rational and suppress emotions so intimately intertwined with their land and livelihood.

“That’s just not right,” the 63-year-old Stoesser fumed. “If we’ve got some rice to sell, they ought to pay a premium for it just because this is the country that freed them.”

MORE...

http://www.washingtonpost.com/business/worldbusiness/struggling-farmers-furious-after-iraq-stops-buying-us-rice-opts-for-cheaper-grain-from-india/2012/02/23/gIQANgPpUR_story.html