Pia Gutierrez, ABS-CBN News. MANILA (UPDATE) – The National Food Authority is hiking the price of the rice it sells to P38 per kilo from just P25 a kilo. The NFA Council earlier approved the P13 increase in the price of NFA rice per kilo as part of efforts to minimize the agency’s losses in […]
By Jason Ng / theedgemalaysia.com KUALA LUMPUR (Oct 4): Malaysia will import 100,000 tonnes of basmati rice, as well as buy US$200 million worth of halal meat annually from Pakistan, according to state news agency Associated Press of Pakistan (APP). Prime Minister Shehbaz Sharif assured Malaysian Prime Minister Datuk Seri Anwar Ibrahim that Pakistan would […]
By Nadeem Shah MULTAN: In a significant agricultural shift, Punjab is poised to increase its cultivation of paddy this year, predominantly due to encouraging incentives for growers and consistent policy towards the sector. The crop is expected to be harvested from October 1 in rice-producing districts across Punjab. The Punjab rice-producing districts demonstrate an unusual […]
Mizzima Myanmar Rice Federation (MRF) said the country needed to carefully consider rice export as weather patterns are changing. Currently, weather patterns are frequently changing and many countries including Myanmar faced huge impacts from climate change resulting in heavy rainfall and severe floods. The country needs to consider more self-sufficiency and price stability in the […]
By Thi Ha Vietnam, the third largest rice exporter after Thailand and India, saw its rice imports skyrocket by 57%, hitting nearly $1 billion in the first nine months of this year, establishing a new record. Industry insiders say that as farmers focus on cultivating higher-value rice varieties for export, local companies have ramped up […]
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 […]
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 […]
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 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 […]
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 […]
