Rice going to cost more?

BBC is reporting (04/01/2008) on its website that "India introduces rice export ban". The news article states

The Indian government has banned the export of non-basmati rice to try and control soaring domestic food costs.

The decision, one of a series of measures to curb inflation, was taken during an emergency cabinet meeting.

The price for exports of aromatic basmati rice has also been raised to $1,200 per tonne to discourage exports.

It is obvious what this means for us

• Your Grocery Bill is going to go up
• Indian Restaurants will more than likely increase the price on Lunch Buffet and rice dishes
• And if you have Pot Luck get together at friends place, you might be asked to bring in a rice dish or Kheer