CHATURANGA PRADEEP SAMARAWICKRAMA Colombo, December 17 (Daily Mirror) – The Sri Lanka Customs announced today that a total of 9,500 metric tons of rice has been imported into the country as of now. Customs spokesman and Director Seevali Arukgoda stated that the imported stock includes 3,300 metric tons of Raw and 6,200 metric tons of […]
Abner Francisco The National Food Authority (NFA) admitted they have around 6 million bags of rice in their warehouses that are at risk of rotting if not immediately sold to the public. NFA Administrator Larry Lacson told Brigada News FM Manila that these rice supplies are stocked in their warehouses nationwide with ages ranging from […]
By Muhammad Imran Across the vast, rural stretches of Pakistan, farming is more than an occupation — it’s the very heartbeat of the nation. Every morning, as the sun rises over fields of wheat, cotton, or rice, farmers embark on a daily struggle to cultivate the land and navigate an increasingly complex and unforgiving agricultural […]
Hyderabad: Despite a record 1.53 crore metric tonnes of paddy produced in the kharif season, the state govt may miss the target of procuring 36 lakh metric tonnes of fine variety paddy.The Telangana Civil Supplies Corporation (TGCSC) procured 13.25 LMTs of fine variety paddy as on Dec 9. Though paddy arrivals are expected up till […]
By Vasu Naren There is a phenomenal growth in the Rice market which roughly amounts to USD 102.80bn (report by Statista). The market is expected to grow annually by 7.60% (CAGR 2024-2029). These figures are a clear indication of the rapid growth of the rice milling industry globally, this is complimented by the rapidly evolving […]
India’s rice inventories reached a record 44.1 million metric tons on December 1, exceeding the government’s target by more than five times. The surplus is attributed to a bumper summer rice crop of 120 million tons, driven by ample monsoon rains and expanded planting areas. With export restrictions on most grades lifted, India, the world’s […]
Sri Lanka Customs has instructed private importers to re-export 50,000 kilograms of rice unsuitable for consumption and 25,000 kilograms of rice with altered expiry dates, which were recently imported from India by private traders. Two of the inspected rice consignments were found to contain weevils, while the third had a new label pasted over an […]
ECONOMYNEXT – Several Sri Lanka importers have cancelled orders for rice due to a narrow window to ship products, and price controls, with bad weather in India leading to vessel delays, trade sources said. Sri Lanka lifted food controls on the people through licensing, imposed during Rajapaksa regimes, till December 20, allowing private companies to […]
RANGPUR, Dec 15, 2024 (BSS) – The government has fixed an all-time record target of producing 22,94,195 tonnes of clean Boro rice (34,41,292 tonnes of paddy) from 5,08,978 hectares of land for Rangpur agriculture this season. Officials of the Department of Agricultural Extension (DAE) said ample steps have been taken to assist farmers to make […]
The evolution of the rice market signifies a shift away from the purely commodity-driven mindset of the past. By Kunal Gupta The Indian rice market has undergone remarkable changes in 2024, mirroring evolving consumer preferences and vibrant socio-economic trends. A key aspect of this transformation is the shift from loose to packaged rice, which has […]
