Rice dealers in America are making money.

Rice traders in the United States are making money after India banned the sale of non-Basmati rice to the country. The IMF expressed concern over the ban on rice exports. All of the main rice producers have upped their prices in response to a social media campaign citing a surge in demand for rice in the United States. Prices in the United States have nearly doubled since India's ban.

Restaurant owners are reportedly increasing their purchases of basmati rice in the coming days because they believe the rice limitation will not be extended to other varieties. The Ukraine-Russia conflict has resulted in global food grain crisis.

Things may get more difficult as a result of India's recent ban on rice exports. The International Monetary Fund (IMF) has expressed concern about India's prohibition on rice exports. The IMF's top economist, Pierre Oliver Gourins, argued that the sanctions should be lifted since they could have an impact on global inflation. India made the decision. He believes that decreasing food prices could have a global negative impact and spark retaliatory measures.