Rice Boilover

Having rebounded from a decade long drought with a big crop and brimming water storages, you'd think it would be full steam ahead for Australia's rice industry. However, there are simmering tensions that threaten to boilover. The drought left Sun Rice, the grower-owned rice company, under a mountain of debt. Yet shareholders rejected a sell-out to a multinational food giant. This week, Sun Rice CEO Gary Helou resigned and now some growers are threatening to form a breakaway body.