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Rice exporters advocate urgent reforms.

Recorder Report. KARACHI: In a bid to safeguard the future of the rice export industry, exporters have urged for immediate reforms for the export of rice aimed at reducing disruptions and streamlining the export process, ensuring greater efficiency and smoother operations. Rice exports reached a record high of $4 billion in the last fiscal year […]

MerryMart joins DA efforts to offer affordable rice.

Agriculture Secretary Francisco P. Tiu Laurel Jr. on Friday welcomed an initiative by MerryMart Grocery, a company under listed DoubleDragon Corp., to support the government’s effort to provide affordable rice options to Filipino consumers. “We need more good corporate citizens like MerryMart who are ready to extend a helping hand to assist the government in […]

Asia Rice: Muted demand and rising supply keep Indian, Thai rates steady.

Reuters. MUMBAI, BANGKOK AND BANGLADESH: Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged from last week, amid muted demand and rising supplies. India’s 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken […]

Nigeria’s rice production declines to 8.3 million tonnes despite government interventions.

Nigeria’s rice production has fallen to 8.3 million tonnes for the 2024/2025 cycle, down from 8.9 million tonnes the previous year, despite ongoing government efforts to boost agricultural output. This decline raises concerns about the nation’s food security, as rising food prices and inflation continue to strain households. According to data from the United States […]