Asia Grain ‘Mountains’ Swell as Governments Fret Over Food Security

SINGAPORE — Towering grain mountains in Asia, already large enough to feed China for eight months, are set to grow even bigger as governments persist in shoring up their safety buffers against hard times.

Haunted by a 2008 food crisis that sparked unrest and panic buying, states will keep piling grain into reserves despite the strain on their finances and storage problems, buoying prices that have been hit by expectations of bumper harvests.

via Asia Grain ‘Mountains’ Swell as Governments Fret Over Food Security.