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Government extends deadline for stockpiled rice sales

The agriculture ministry said Wednesday it has decided to extend the deadline for selling government-stockpiled rice released under discretionary contracts. The ministry now believes it is difficult to sell all of the rice by the original deadline set at the end of this month due to slow deliveries to retailers. While a new deadline will […]

DA expands P20/kilo rice program to 4 more locations

By: Keith Clores MANILA, Philippines – The Department of Agriculture (DA) launched its P20 per kilo rice program in four more locations across the country on Wednesday. The subsidized rice sale will now be available in Laoag City, Ilocos Norte; Roxas City, Capiz; Baloy, Cagayan de Oro City, Misamis Oriental and San Jose, Occidental Mindoro, […]

Vietnam steps up drive for higher-quality rice exports

By bno – Ho Chi Minh Office Vietnam’s prime minister has ordered a renewed push to safeguard the country’s position as a leading rice exporter, stressing that the industry must focus on quality, sustainability and long-term competitiveness rather than volume alone, Viet Nam News reports. The directive from Prime Minister Phạm Minh Chính highlights concerns […]

Farmers, fisherfolk avail of P20 per kg. rice in Laoag

By Leilanie Adriano LAOAG CITY – Registered farmers and fisherfolk availed of rice at PHP20 per kg. at the National Food Authority’s warehouse here Wednesday, during the formal launch of the national government’s affordable rice expanded program. “Now, it can be said that the PHP20 per kilo rice, as promised by President Ferdinand Marcos Jr., […]

S. Korea gov’t push to swap rice fields for soybeans sparks surplus

Soybean stockpiles hit 88,000 tons, nearly double last year, as imports fall by up to 40,000 tons. By Kang Woo-ryang, Kim Yun-ju, Kim Mi-geon The South Korean government, which had encouraged farmers to replace rice with soybeans, is now weighing a reversal by reducing the scale of soybean cultivation. Officials say the change comes amid […]

Rice prices soar despite record harvest, ample reserves

Market analysts and consumers call the trend ‘abnormal,’ blaming syndicates, with many seeing the government as helpless. Shafiqul Islam Rice prices in Bangladesh have been climbing for several days across all varieties—coarse, medium, and fine grains—despite repeated government assurances of sufficient production and supply. Currently, coarse rice that was selling at Tk50–54 per kilogram is […]

Measures needed to stabilise rice prices, food inflation

WHILE food inflation has put a large number of poor, low- and fixed-income people into difficulty, the persistent increase in rice prices appears to be pushing many into food insecurity. The increase in rice prices, moreover, remains the major contributor to food inflation. Fine rice inflation has stayed in double digits over the past twelve […]