How tight is the supply of rice this year? On March 31, the Bangkok Post described it this way: "Mill owners drive trucks to the edge of the fields, waiting for farmers to harvest so they can load it immediately." Last weekend, the price of medium-grade Thai rice, which serves as a benchmark for the global food market, reached $760 per ton, more than double what it was three months ago. Following the breakthrough of international crude oil prices above $100, the prophecy of "rice prices breaking $1000" also seems to be approaching step by step. As the staple food for half of the world's population, the rise and fall of rice prices affects the livelihoods of countless households. In recent days, the Philippines has already seen multiple protests against rising rice prices, while Hong Kong and Macau have experienced stockpiling of Thai rice. A more worrying question is: will the rise in rice prices trigger a new round of food price increases? The front-page article of the Indian Times on March 31 stated: "The era of low grain prices is over."