India’s LT Foods posted a bigger profit for the twelfth consecutive quarter on Thursday, bolstered by strong demand for its basmati rice. The company, which makes ‘Daawat’ and ‘Royal’ basmati rice, said consolidated net profit increased 11.5% to 1.53 billion rupees ($18.3 million) in the April-June quarter. According to official data, India’s basmati rice exports […]
India’s rice export restrictions and policy innovations strive to balance domestic food security needs with its role in global humanitarian efforts. India, the world’s largest producer and exporter of rice, contributes almost 40% to global demand. However, it faces the complex challenge of balancing domestic food security with the benefits of international trade. Factors like […]
The Missouri Ag Department says 11 counties in the Missouri Bootheel are allowed to apply Intrepid 2F Insecticide to mitigate armyworms in rice. A crisis exemption went into effect late last week and University of Missouri Extension’s Justin Chlapecka says the insecticide isn’t typically used on rice. “There’s data using this product on armyworms for […]
Pakistan rice exports, both Basmati and coarse varieties, during July 2020 to May 2021 (11MFY21) are 14 per cent less than that of the previous year. — Reuters/File India is likely to cut the floor price for basmati rice exports and replace the 20 per cent export tax on parboiled rice with a fixed duty […]
ICAR working on releasing 100 seed varieties and 100 technologies in 100 days The government is targeting to cover almost 25 per cent of this year’s kharif paddy area with climate-resistant seeds. This comes as it looks to build on the success of such seeds in the bumper wheat harvest this year, a senior government […]
The central government has extended the exemption of a particular kind of inspection certificate that was needed for rice exports, both basmati and non-basmati, to certain European nations by another six months. The central government has extended the exemption of a particular kind of inspection certificate that was needed for rice exports, both basmati and […]
Rice is the staple crop of more than half of the world’s population. Demand is growing with the rising population in South and Southeast Asia. However, a significant portion of rice farming still relies on traditional cultivation methods that lead to substantial methane emissions, which are a major contributor to climate change — methane is […]
By Asmadee Bueheng In the lush landscape of Thailand’s Deep South, a quiet revolution is brewing. A network of farmers and activists is breathing new life into abandoned rice fields – and preserving local culture as they go along. The grassroots movement is encouraging young people to return to their forgotten family fields, build granaries […]
ASIA-RICE/ (REPEAT):RPT-ASIA RICE-Vietnam, Thai rates dip as eyes turn to India rice export policy Vietnam prices fall to lowest levels since July 2023 India export prices down on higher freight rates, weaker rupee Thai rates at an over 3-month low Domestic rice prices in Bangladesh high despite ample reserves Indian govt may relax export restrictions […]
LAHORE: Rice exporters warn of a drastic drop in exports if the government sticks to its decision to shift the sector from the Final Tax Regime (FTR) to the Hybrid Tax Regime. “We see distress amongst rice, maize and sesame exporters, and they are just fulfilling past commitments and are not ready to seal future […]
