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California's Central Valley is heavily affected by severe drought. (Photo by Justin Sullivan / Getty Images North America)

Oct 07, 2015 AM EDT - Czarelli Tuason

Asia May Expect An Increase In The Price Of Rice As Rice Farmers In The U.S. Continue To Struggle With El Niño

As El Niño continues to affect the harvest of farmers worldwide, the price of rice may be expected to increase in the Asian region as the U.S. price already hit a 40 percent increase at $12.90 per hundredweight.

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