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Indonesia considers importing 1 million tonnes of rice from India

Indonesia is considering the import of 1 million tonnes of rice from India next year to ensure supply until its main harvest, Coordinating Minister for Food Affairs Zulkifli Hasan has said. Hanoi (VNA) – Indonesia is considering the import of 1 million tonnes of rice from India next year to ensure supply until its main […]

Big boost to rice procurement in second fortnight of October, Central purchase reaches 84 lakh tonnes 

The purchases were 48 per cent lower at 20.7 lt in until October 15, whereas in the second fortnight over 63 lt rice was procured by the Centre. By Prabhudatta Mishra A big jump in procurement in Punjab and Haryana during second half of October in 2024-25 season (October-September) has helped the government narrow the […]

Surging rice import is business as usual: MARD

Việt Nam is set to export over 8.6 million tonnes of rice in 2024 while also ranking as the third-largest importer globally. Meanwhile, the Southeast Asian country has also become a major importer of rice, ranking third after Indonesia and the Philippines, according to the latest forecast by the US Department of Agriculture. Data from […]

Global rice prices drop over 10% after India lifts all curbs on exports

Arrival of new crop in Pakistan, Myanmar add to the pressure on the market. By Subramani Ra Mancombu Rice prices in the global market have dropped by over 10 per cent over the past fortnight, mainly because of India lifting all curbs on exports and arrivals of new crops in Pakistan and Myanmar, traders said. […]

IIT Kharagpur teams in Punjab to assess rice yield

By Gurpreet Singh Nibber The teams will visit rice mills in Jagraon, Raikot and Khanna. The designated mills have been asked to arrange 20-30 tonnes of paddy for shelling in the presence of IIT teams. Teams from the Indian Institute of Technology (IIT), Kharagpur, will arrive in Punjab on Wednesday to evaluate the rice yield […]

Rice prices soaring, government stocks depleting

Fakhrul Islam & Rajib AhmedDhaka The price of rice is increasing in the market, and more concerning is that recent heavy rains and flash floods from upstream countries, including India, have damaged aman rice plantations. The estimated production loss could be about 839,000 tonnes. The Bangladesh Trade and Tariff Commission (BTTC), an organisation under the […]

Centre adopts 2-pronged strategy to resolve shortage of paddy storage in Punjab

As the matter came up for resumed hearing, the Bench was told that high-level meetings had already been held with the Punjab government. Saurabh Malik /Tribune News Service The Centre on Tuesday told the Punjab and Haryana High Court that a two-pronged strategy was being adopted to address the shortage of storage for paddy in […]

India’s agri-exports slip slightly, but rice and meat shipments show growth

Basmati rice exports rose sharply by 11 per cent between April and September 2024, compared to the same period in FY24 reaching $2.87 billion, aided by the recent removal of the minimum export price. Abhijeet Kumar New Delhi India’s agricultural and processed food exports experienced a slight decline of 1 per cent, reaching $12.13 billion […]

Why Punjab’s rice procurement this year faces problems

Punjab is India’s largest source of rice for PDS. A severe storage crunch there leading to delayed procurement of the current harvest is distortionary. The immediate solution is to quickly move rice procured last year from Punjab’s godowns while hiring more storage space. The long-term solution is to find ways to push some farmers in […]