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Rice price inflation eases in Japan

TOKYO: Rice prices in Japan soared 90.7 percent in July year-on-year, official data showed Friday, but the rate of increase slowed from previous months offering some relief for Prime Minister ISHIBA Shigeru. Overall, Japan’s core inflation rate eased to 3.1 percent from 3.3 percent in June, the data from the internal affairs ministry showed. But […]

Thailand unveils 1.8 billion-USD support for rice farmers

Support measures include a credit programme to delay the sale of paddy, a loan programme for agricultural institutions to purchase paddy and add value, and an interest compensation programme for rice traders who stockpile paddy. Bangkok (VNA) – Thailand’s cabinet has approved three programmes worth more than 60 billion THB (1.84 billion USD) for the […]

DA eyes quality shift as imported rice gains ground

Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the Rice Industry Development Office (RIDO), led by Undersecretary Christopher Morales, to closely examine the apparent shift in Filipino rice preferences, as demand for imported rice—particularly Vietnamese varieties—continues to grow. Secretary Tiu Laurel said the rising popularity of imported rice could signal a shift in consumer […]

Kenya turns to India for rice imports as farmers decry unsold harvests

Source: Down To Earth Kenya has announced plans to import half a million tonnes of rice duty-free, mostly from India and Pakistan, to address what it calls an imminent shortage. But the decision has sparked outrage among local farmers, who insist they are already sitting on unsold stocks from recent good harvests and warn that […]