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Why Are Pakistan’s Rice Exporters Worried?

Pakistan reported record rice exports of $3.88 billion in FY24, a 78% increase over the previous year. However, the industry is not celebrating because it has been hit with multiple challenges all at once adding to the existing volatility in the market. For starters, India is expected to ease restrictions on its rice shipments which […]

Planned Protest: FG begins to sell 50kg rice at N40,000

— Distributes an additional 10 trucks to each state — As FEC insists, no need for protest, says most demands are being attended to By Johnbosco Agbakwuru, ABUJA THE Federal Government on Monday said it has started to distribute an additional 10 trucks of 50kg rice to each state to be sold at designated centres […]

Goa’s Paddy/Rice production significanly increased since 2021

Goemkarponn deskPANAJI: Government data indicates that the State’s net paddy/rice production has significantly increased since 2021, reflecting the positive impact of the farming boom that followed the economic disruption caused by the Covid pandemic in Goa.Rice production in the State rose by 9,462 MT in 2023–24 compared to 2022–23, according to Agriculture Minister Ravi Naik.However, […]

Obaseki distributes 56,250 bags of rice to Christians in Edo

Edo State Government has flagged off the second phase of the food support programme with the distribution of 56,250 bags of rice to the vulnerable Christians in the State. Recall that the State Government had two months ago distributed 60,000 bags of rice to Christians across the 18 Local Government Areas. The government had also […]

Rice County Farmer Hosts Chinese Delegation

Chinese swine producers stop at farm near Faribault for tour The Chinese trade team of swine experts inspects Matt Purfeerst’s soybean crop and asks questions to better understand the growing season. (Minnesota Soybean Research and Promotion Council) RICE COUNTY, Minn. — A whole new world across the world. One step off the bus at Matt […]

Vietnam rice export rates drop

BENGALURU /MUMBAI/BANGKOK/HANOII/BANGLADESH: Vietnam rice export prices slid to their lowest levels in a year this week, while Indian rice export prices edged higher on a small improvement in demand, although ample supplies and increased sowing limited the gains. Vietnam’s 5% broken rice was offered at $550-$560 per ton on Thursday, down from a range of […]

LT Foods: Indian basmati rice maker’s Q1 profit jumps

India’s LT Foods posted a bigger profit for the twelfth consecutive quarter on Thursday, bolstered by strong demand for its basmati rice. The company, which makes ‘Daawat’ and ‘Royal’ basmati rice, said consolidated net profit increased 11.5% to 1.53 billion rupees ($18.3 million) in the April-June quarter. According to official data, India’s basmati rice exports […]

West Bengal agriculture minister outlines impact on climate change on rice production

Synopsis West Bengal Agriculture Minister Sobhandeb Chattopadhyay noted the state’s significant rice production, accounting for 14% of India’s total. Despite climate challenges, efforts to improve cultivation and diversify rice varieties, including stress-tolerant and hybrid types, have advanced, he said Farm workers sow paddy saplings during monsoon season at an agricultural field West Bengal Agriculture Minister […]