Crop situation index is percentage yield of the area cultivated. 2023 had 101% of the expected yield per area, so it’s not a bad harvest (2022 had a 96 due to t

Crop situation index is percentage yield of the area cultivated. 2023 had 101% of the expected yield per area, so it’s not a bad harvest (2022 had a 96 due to the typhoon, for instance). Which means the high price of rice results from some combination of increased consumption or reduced cultivation area.