Indian rubber farmers facing ruin as global prices crash

Agricultural commodity prices have been roiling the world’s producer countries across Latin America, Africa and Asia. In just the past one year, wheat has declined by 22 per cent, rice by 17 per cent, soybeans by eight per cent, palm oil by 21 per cent, sugar by 12 per cent, coffee by 27 per cent and rubber by 20 per cent, according to IMF commodity prices data.