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Rice prices drop in top hubs as supply surges after Indian export relaxations

SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee. Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter […]

Rice prices drop in top hubs as supply surges after Indian export relaxations

BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter India recently eased restrictions on exports of the staple. India’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest […]

Why Basmati 1509 Prices remain stagnant despite removal of Export Cap, Farmers in Punjab disappointed

Farmers like Amrik Singh from Amritsar are bearing the brunt of these developments. Singh, who sold his Basmati 1509 produce at Rs 2,600 per quintal today, is deeply disappointed. Written by Anju Agnihotri Chaba Farmers in Punjab are growing increasingly frustrated as the price of Basmati 1509 remains stubbornly low, despite the removal of the […]

Solid week for pork, rice export sales

The USDA says pork export sales were solid during the week ending October 3rd. The pork sales total was up on the week and considerably larger than average, with Mexico purchasing more than half of the weekly total, reflecting the strong global demand for U.S. pork. Rice also saw a week-to-week improvement, while the other […]

Bangladesh’s rice output crosses 4cr tonnes for the first time

For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data. Local farmers have been gradually switching to high-yielding and hybrid varieties of the cereal grain, bringing the country’s need for rice imports down […]

A sustainable rice revolution is underway in Thailand

In Thailand, efforts are underway to accelerate best practices in rice farming that are environmentally friendly and socially responsible, while boosting yields for farmers. The aim is to make food systems more resilient and decarbonise the agriculture sector. Every day, rice sustains billions across Asia and the globe, serving as an essential, affordable source of […]

Capacity project promotes sustainable, low-carbon rice production in SE Asia

The International Rice Research Institute (IRRI) organised a conference in the Mekong Delta city of Cần Thơ on October 9 to launch the Capacity Building for Sustainable and Low-Carbon Rice Innovations in Southeast Asia (CABIN) project. CẦN THƠ — The International Rice Research Institute (IRRI) organised a conference in the Mekong Delta city of Cần […]

Concerns intensify against GM products

By Yousaf Ali PESHAWAR: The recent reports about the detection of genetically modified (GM) contamination in the consignment of organic basmati rice in certain European markets have sparked concerns in the country and abroad and voices have gained strength against the reported renewed efforts to introduce GM maize and other cereal products in the country. […]