Tag Archives: farmers
The price of rice has consistently fallen over the last 40 years. Since the beginnings of the Green Revolution in the mid-1960s, the real (inflation-adjusted) price of rice in the world market has been more than halved while global rice production has increased (Figure 1). This movement in price has not been smooth. An upward trend during the oil crisis in 1973-75 was...
Perhaps surprisingly, farmers do not perform most of the labor on rice farms in South and Southeast Asia. In the Philippines and on the Indonesian island of Java, for example, rice farm families work on average less than 40 days per year on the fundamental tasks of growing rice. If both husband and wife share this labor, each averages 13 hours per month. This is good...
