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Bananas are an option, not replacement for rice: Pichai

The commerce minister clarifies that though the government is promoting high-value crops like bananas, its priority remains stabilising rice prices Commerce Minister Pichai Naripthaphan has dismissed claims that the government is encouraging farmers to replace rice cultivation with banana farming, saying such assertions are “simply inaccurate”. Speaking on a television news show on Thursday, Pichai […]

Rice prices plunge to 2-year lows in global market on slack demand. 

Higher inventories and production, besides stiff competition add to market bearishness. By Subramani Ra Mancombu. Rice prices in the global market have plunged to over two-year lows on slack demand, higher inventories and stiff competition among producers, traders and experts. Projections of higher production and carryover stocks have compounded the situation. Vietnam has cut its […]

Thailand seeks cooperation with India, Vietnam to support falling rice prices

Hanoi tells trade ministry told to boost rice exports to counter oversupply. WRITER: Reuters BANGKOK/HANOI – Thailand is seeking cooperation with India and Vietnam to find ways to tackle falling rice prices, Commerce Minister Pichai Naripthaphan said on Thursday, amid simmering protests by local farmers calling for more support from the government. Thailand is in […]

Cà Mau rice farmers reap high profits from rotating crops.

Farmers in Cà Mau Province are achieving higher profits by rotating rice with short-term crops, thus conserving water during the dry season. CÀ MAU – Farmers in Cà Mau Province are achieving higher profits by rotating rice with short-term crops, thus conserving water during the dry season. The country’s southernmost province primarily relies on groundwater […]

Rice mill inaugurated in Pakistan

By John Reidy MATLI, PAKISTAN — Omni Group, a Pakistan-based, privately held industrial conglomerate, recently added to its agricultural holdings with the launch of Pride Rice Mills Pvt. Ltd. in Matli, Pakistan. The plant is outfitted with cutting-edge technologies meant to boost rice production while maintaining the highest standards of quality, Omni Group said. The […]