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Bangladesh gets offers in tender to buy 50,000 T rice

Reuters HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to purchase 50,000 metric tons of rice which closed on Monday was assessed at $471.60 a metric ton CIF liner out, traders said. Offers are still being considered and no purchase had yet been reported, they said. Bangladesh traditionally considers price […]

Time to prepare for the rice revolution

By Abdu Abdullahi Sir: The national treasurer of Rice Farmers Association of Nigeria ( RIFAN), Sadiq Daware has provided a diagnostic basis for the inevitable rice revolution in Nigeria with his estimation of over 12 million rice farmers cultivating an average of 0.5 hectare for two or three farming cycles annually, with an average output […]

Vietnam to set new record in rice exports in 2024

Despite challenges in the global rice market, Vietnam’s is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders. o Ha Nam, Vice President of the Vietnam Food Association and CEO of Intimex Group, said that 2024 will be another […]

Check quality of rice twice before sending it outside: FCI to field staff

The action follows in the wake of similar reports of rice failing quality test in Nagaland, Karnataka, Assam and Arunachal Pradesh.Written by Kanchan Vasdev Days after rice transported to Nagaland and other states from Punjab was found “unfit for human consumption”, the Food Corporation of India (FCI) has asked its field staff to double-check rice […]

‘Rice farm mechanization level to hit 3 hp/ha by 2031’

Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The average mechanization level of the country’s rice farms could hit three horsepower per hectare (hp/ha) by 2031, improving the sector’s productivity while reducing labor costs, the Philippine Center for Postharvest Development and Mechanization (PHilMech) said. PhilMech said it is “confident” the rice mechanization level […]

DA believes rice at P42/kilo balances farmers, consumers needs

The Department of Agriculture said a retail price of around P42 per kilo for well-milled rice represents a “happy balance” that meets both the needs of Filipino consumers and farmers. “While we aim to drive down food costs, we are also mindful of the needs of our primary stakeholders—our farmers and their families, who work […]

Rice-price does not follow Law of Gravity

The paddy and rice prices seem to be a political game but can be sorted out to a greater extent based on more coherent policies, planning and implementation mechanisms. Paddy and rice prices are socially sensitive issues that cause headaches for any government at different periods of the year. It is a pride of Sri […]

Rice import from India resumes through Benapole Port after 2yrs

Rice imports from India resumed after a two-year hiatus, with the first shipment arriving through Benapole port last night. Three trucks carrying 105 tonnes of non-basmati rice reached the transshipment yard as part of the initial shipment imported by Mahabubul Alam Food Products, a company based in Jashore. The rice is expected to be delivered […]

Don’t tax rice, millers say to Centre

The Hindu Bureau Rice millers have reiterated their demand for removing rice from the ambit of the Goods and Service Tax (GST). D. Thulasingam, president, Federation of Tamil Nadu Rice Mill Owners and Paddy Rice Dealers Association, said that according to current rules, those buying in smaller packets of even few grams to 25 kg […]