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Asian rice prices plunge as India eases export curbs

BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, the world’s largest exporter of the staple, eased restrictions on exports, increasing competition in the region. India on Saturday allowed exports of non-basmati white rice, a day after cutting export duty on parboiled rice to 10% from 20%. “India’s decision […]

The US State That Grows The Most Rice

BY ROBYN BLOCKER The United States may not be one of the top 10 rice producing nations, but we still cultivate a substantial quantity of this staple grain. According to USA Rice, our rice industry generates more than $34 billion annually and supports the livelihoods of over 125,000 individuals across the country. Most U.S. rice […]

Inflation eases further in September amid slower increases in rice prices

Arthur Fuentes, Benise Balaoing, ABS-CBN News MANILA (UPDATE) — The Philippines’ headline inflation further eased to 1.9 percent in September amid slower increases in rice prices, the state statistics authority said Friday. September’s inflation rate was lower than the 3.3 percent seen in August and was the lowest since May 2020 when the inflation rate […]

The Onion and Basmati Rice story: Does India need a minimum export price?

The recent lifting of the Minimum Export Price (MEP) aims to boost agricultural exports, yet critics argue it’s a redundant policy harming small farmers and failing to control food inflation. India’s export bans on rice and fluctuating MEPs reflect ongoing efforts to manage domestic supply and prices, while the country remains a major exporter of […]

Pakistani rice traders fear decline in exports amid competition with India

ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]

MMSU, farmers to commercialize brown rice products

By Leander C. DomingoTHROUGH a technology licensing agreement (TLA), the Ilocos Norte-based Mariano Marcos University (MMSU) has partnered with the Rayuray Farmers Cooperative (RFAC) to expand the market for brown rice products by commercializing MMSU Brown Rice Krispies and Brown Rice Coffee. The TLA focuses on the crucial role of technology transfer in turning academic […]

Global rice prices fall after India eases exports

Mizy Clifton Global rice prices fell the most in 16 years after India — the world’s biggest producer — lifted some export restrictions, alleviating fears of worsening global food insecurity. The decision was driven by better-than-expected harvests, and spurred rice exporters in Pakistan, Myanmar, Thailand, and Vietnam to slash prices to compete with the huge […]