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Thai rice prices surge in 2024 as demand outstrips supply

Commerce Ministry reports that export prices have risen by up to 24% in boost for farmers. The Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise. Jasmine rice has seen a significant price increase, with premium varieties fetching 16,000 baht per tonne. […]

Scaling sustainable rice farming and nutrition-focused resilience in Asia-Pacific: A COP29 Call to action.

At the multi stakeholder COP29 panel discussion , ADB’s $14 billion food security commitment and the emerging partnerships reflecting the urgency of fostering sustainable and inclusive agricultural systems were highlighted, paving the way for bold and transformative innovations across sustainable agricultural practices, nutrition-focused interventions, and global resilience in Asia Pacific During the first week of […]

Authorities promise to give rice farmers a fair deal

WRITER: Phusadee Arunmas The Commerce Ministry is monitoring the new harvest season of paddy rice, with a plan to implement support measures as approved by the National Rice Policy Committee (NRPC) to help farmers. Wittayakorn Maneenetr, a spokesman for the Commerce Ministry, said the Internal Trade Department is monitoring the price of paddy rice for […]

Thailand’s rice shipment up 20% in ten months

Thailand exported 8.37 million tonnes of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce. Bangkok (VNA) – Thailand exported 8.37 million tonnes of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce. The Southeast Asian country plans to ship more than 9 million tonnes […]

BD issues another tender to buy 50,000 tons of rice

Reuters HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Monday. The deadline for submission of price offers is Dec. 2. A previously issued tender from Bangladesh also seeking 50,000 tons of rice closes on Monday. Floods in Bangladesh have destroyed an estimated 1.1 […]

DA: Rice production to fall below estimate

By Janine Alexis Miguel DOMESTIC rice production is expected to fall below 19.4 million metric tons (MT) this year due to damage caused by successive typhoons, the Department of Agriculture (DA) said on Monday. The damage caused by Severe Tropical Storm Kristine and Super Typhoon Ofel alone totaled P6 billion with 100,242 hectares affected, corresponding […]

Customs imposes penalties on 2 firms for irregularities in organic rice exports 

Department takes ‘lenient view’ as they paid ₹17 lakh each per day as detention and demurrage charges for ships being held up. By Subramani Ra Mancombu The Indian Customs Department, an arm of the Finance Ministry, has imposed a fine of ₹75 lakh on two exporters for “misleading” authorities by trying to ship out non-basmati […]

Rice, coffee, fruit exports hit record high

Vietnamese exports have hit an unprecedented high, while vegetable and fruit exports brought $6.34 billion in the first 10 months of the year. The Ministry of Agriculture of Rural Development (MARD) reported that the total farm produce export turnover in the first 10 months of the year reached $51.74 billion, an increase of 20.2 percent […]