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FG vows to sustain agric growth

By Temitope Aina The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recently visited WACOT Rice Limited’s advanced 250,000 metric tonnes rice processing facility in Argungu, Kebbi State, where he reiterated the Federal Government’s resolve to sustain the growth in the agricultural sector. In a statement made available to our correspondent on […]

Rice farmers fret over falling prices

Rice farmers in Yesan county, South Chungcheong, plow paddies on Thursday. [YONHAP] Rice farmers in Yesan county, South Chungcheong, plow paddies on Thursday. [YONHAP]Rice farmers in Yesan county, South Chungcheong, plow paddies on Thursday. The province’s farmers’ association is demanding that the government withhold 200,000 tons of rice from the market in order to maintain […]

Farmers: P7/K rice price drop in October unlikely

Bella Cariaso MANILA, Philippines — The P7 per kilo drop in rice prices in October is not possible amid the spike in the prices of imported rice from Vietnam where the bulk of the staple is sourced, according to farmers’ groups. Samahang Industriya ng Agrikultura chairman Rosendo So noted that Vietnam has already increased the […]

Rice inflation seen to cool once India lifts export ban

By Beatriz Marie D. Cruz, Reporter RICE INFLATION may further cool in the coming months once India relaxes a ban on exports, analysts said. “India may reconsider its export ban, impacting international prices further. The stronger peso will also make imports cheaper, easing inflation further,” Union Bank of the Philippines, Inc., Chief Economist Ruben Carlo […]

Punjab: Basmati growers’ body calls for minimum export price waiver as int’l sales plummet

By Gurpreet Singh Nibber Indian exporters have been struggling to sell their produce in the international market due to the high MEP of $950 a tonne, the association said. The basmati exporters association has urged the Agricultural and Processed Food Products Export Development Authority (APEDA) to waive the minimum export price (MEP) on basmati rice […]

Governor terms rice exports reaching to $4b, a major achievement.

KARACHI – Governor Kamran Khan Tessori on Sunday hailed the achievement of rice exports reaching $4 billion in the current fiscal year as a significant success. He credited the Rice Exporters Association of Pakistan (REAP) for playing a pivotal role in this accomplishment, establishing a solid foundation between farmers, traders, and exporters. He expressed these […]

Taking rice to new heights

The Rice Department wants to increase the profile of Thai rice on the global stage, by promoting unique strains with certified, geographical indication (GI) labels to a wider market. Several farming communities in Phatthalung and Trang in the South, as well as Phayao in the North, have achieved successes in developing unique, premium rice-based products […]

Vietnam delivers on climate change commitments

As climate change and unusual environmental phenomena pose significant threats to the environment and daily life, Vietnam is taking decisive action to mitigate these effects by reducing greenhouse gas emissions. Hanoi (VNA) – As climate change and unusual environmental phenomena pose significant threats to the environment and daily life, Vietnam is taking decisive action to […]

Basmati exports up 15% in April-July at $2.03 billion on strong demand 

Volume during the period rose 19% to 19.17 lakh tonnes By Vishwanath Kulkarni India’s basmati rice exports increased by nearly 15 per cent during the April-July period of the current financial year to $2.036 billion on demand from countries such as Saudi Arabia, Iran, Iraq and the United States. In the same period last year, […]