Cabinet approves agreement on tariff rate quotas post-Brexit. Zafar Bhutta. ISLAMABAD: The government has decided to sign a deal with the European Union (EU) on the apportionment of Tariff Rate Quotas (TRQs) to enhance rice exports following the UK’s departure from the EU. With customs territories now divided, Pakistan aims to formalise an agreement with […]
Reuters BENGALURU/MUMBAI/HANOI/BANGKOK AND BANGLADESH: Indian rice export prices dropped to an over 19-month low this week, weighed down by rising supplies from the new season crop and a plummeting rupee, while Vietnam’s rates slid to their lowest level since early September 2022. India’s 5% broken parboiled variety was quoted at $418 to $428 per metric […]
Reuters HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to purchase 50,000 metric tons of rice which closed on Thursday was assessed at $434.77 a metric ton CIF liner out, traders said. The offer was made for Indian origin rice by trading house Agrocorp, they said. Offers are still being […]
Philippine Daily Inquirer In 2011, former corporate employee Wilmar Ompoc of Bukidnon decided to make farming his source of livelihood, developing a piece of land from his in-laws. Without prior exposure to agriculture, Ompoc initially faced numerous challenges. However, through training sessions, he is now the producer of various commodities including corn, vegetables, rice, coconut […]
The National Board of Revenue announced the decision in a press release on Sunday. UNB The government has imposed a 25% regulatory duty (RD) on the export of rice bran oil, aiming to shore up domestic supplies. A gazette notification was issued in this regard on Sunday. It said as per the power conferred by […]
While the production of rice (wetland) fell by 10.5% in 2023-24 compared to 2022-23, productivity and the area under cultivation fell by 4.9% and 5.9% respectively, according to the Economic Review 2024 tabled in the Assembly. The Hindu Bureau. The declining trend in rice cultivation in Kerala continued in 2023-24, with State-wide production, per-hectare productivity […]
International demand for basmati rice is forecast to double over the next few years. But farmers and connoisseurs say traditional varieties are disappearing. By Rick Noack and Karishma Mehrotra LAHORE, Pakistan — Long before this land was part of a frontier between India and Pakistan, farmers here grew a precious long-grain rice that was coveted […]
Utkarsh Classes. The Union Cabinet has approved the Memorandum of Understanding (MoU) signed by the Union Ministry of Cooperation and the Ministry of Trade of Indonesia. The approval was given in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi in New Delhi. Terms of the MoU The export of rice is […]
TOKYO: The Japanese government plans to expedite the release of its stockpiled rice to curb soaring prices, with details on the quantity and pricing to be released as early as next week, farm minister Taku Eto said Friday. If the measure is implemented, it would mark the first ever release of reserves of the Japanese […]
By GMA Integrated News. Rice importers from the Philippines have delayed purchases of around 350,000 metric tons of Vietnamese rice, according to a report by international news agency Reuters. The report, which was cited by ”24 Oras Weekend” on Saturday, said traders are currently renegotiating agreements after Vietnamese rice prices saw a “steep decline” in […]
