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Ministers’ panel seen fixing a floor price of $500/tonne on non-Basmati rice exports 

Cut Basmati minimum export price may be deferred BY BL NEW DELHI BUREAU The committee of ministers headed by Home Minister Amit Shah may decide this week on a proposal to fix a minimum export price (MEP) of $500/tonne on shipments of non-basmati rice, while the proposal to reduce the current MEP of $950/tonne on […]

Nishat’s focus towards corporate farming

Quietly but steadily, corporate money is betting on Pakistani agriculture. One of the country’s largest business conglomerates — Nishat Group — for example, which began to expand into agriculture by setting up a modern dairy farm near Sukheki more than a decade ago is now planning to venture into the manufacturing of “precision” farm machinery […]

Bangladesh will export rice instead of importing: Sadhan

RAJSHAHI, July 7, 2024 (BSS)- Food Minister Sadhan Chandra Majumder has said Bangladesh will export rice in future instead of importing. “In the last two consecutive years, our government didn’t import rice and there is also no need of importing rice this year,” he said whileinaugurating a three-day Agriculture Technology Fair-2024 at Sapahar Upazila Parishad […]

China scientist defies terror threats to help Pakistan farmers boost rice yields

Dai tells the Post about the personal interactions that make the challenges of his work in Pakistan’s rural areas worthwhile Dai, a Chinese agricultural expert, has been travelling through Pakistan’s countryside for years promoting the benefits of hybrid rice and his pictures of rural life have won him more than 700,000 fans on social media. […]

Centre to resume rice sale to states, pvt traders

Apart from selling to states, the government will also resume its open-market sales scheme for private traders and offer rice at a discounted rate. Centre to resume rice sale to states, pvt traders The Centre will resume sale of federally-held rice to states, which had been discontinued in June last year, at the time sparking […]

China faces diluted early-season rice harvest as floods drench crops in farming hubs

Recent floods in China are threatening the country’s harvest of early-season rice, a dietary staple and a major component of Beijing’s campaign to ensure food security. Photo: Weibo China is set to see a drop in its early-season rice harvest after recent bouts of extreme rainfall in major production areas, putting pressure on annual output […]

Govt may reduce floor price for basmati rice exports

Exporters said higher MEP could adversely impact the domestic procurement of basmati rice paddy for the next season and hit farmers’ income. Written by Sandip Das In FY24, India exported a record 5.24 million tonne (MT) of aromatic rice valued at $5.83 billion. (Reuters) The government is likely to consider reducing the minimum exports duty […]

Rice exports at risk

Pakistan’s agri-food sector has a very narrow export base, primarily consisting of a limited range of commodities. Rice stands out as the largest export, bringing in over $3.5 billion in foreign exchange in FY24. Nevertheless, rice exporters are facing a growing risk of shipment rejections, particularly by the European Union, the United Kingdom, and the […]

India’s rice exports drop 34% in Q1 of FY25 as export curbs continue

Export prohibition on non-basmati white rice and broken rice and a 20% tariff on the parboiled variety are reasons behind dip Puja Das In the first three months of FY25, the fall in exports of non-basmati white rice has been in the same period the highest, around 78% at nearly 300,000 tonnes followed by another […]