By Chris Lyddon. KANSAS CITY, MISSOURI, US – Slow demand in a well-supplied market has pushed global rice prices down in recent weeks. Buyers have held back as new crops increase availability. The International Grains Council (IGC) said in its March 20 Grain Market Report that “ample spot availabilities and generally weak buying interest continued […]
FE REPORT. The government has met 76 per cent of its FY25 rice-import target so far, thanks to the grain’s sourcing from multiple countries, officials said. The two latest consignments totalling 35,000 tonnes arrived at the Chittagong port from India and Vietnam, according to a food ministry announcement. With those, the Directorate General of Food […]
By Giselle P. Jordan. UNFAVORABLE weather conditions have been cited as reason for British research firm BMI to forecast a 2.6 percent year-on-year decrease in the Philippines’ rice production for crop year (CY) 2024-2025. BMI said it expects 1.2 million metric tons (MT) of domestic rice harvest in CY 2024-2025, lower than the 1.23 million […]
UN body also estimates global cereal use could reach 2,867 million tonnes in 2024/25. Lalit Maurya Global wheat production could reach 796 million tonnes in 2025. This represents an increase of 1 per cent over the previous year. This is according to the United Nations Food and Agriculture Organization (FAO)’s new report on global grain […]
ROME,7th March, 2025 (WAM) – Rice production is forecast to hit a record high of 543 million tonnes (in milled equivalent) in 2024/25, driven by positive crop prospects in India and favourable growing conditions in Cambodia and Myanmar, according to the latest Cereal Supply and Demand Brief, released today by the Food and Agriculture Organisation […]
New Zealand and Australia recognise Basmati as a Pakistani product. Syed Safdar Abbas In a major victory for Pakistan, the global battle over Basmati rice ownership has resulted in India’s defeat. Both New Zealand and Australia have officially recognised Basmati as a Pakistani product, while a similar decision from the European Union is also expected […]
Josephine Okojie and Feyishola Jaiyesimi . …Farmers say input prices have risen five times over the period ,,.Millers can’t get enough rice from farmers Nigeria’s rice production has hit the lowest level in four years as high production costs force farmers to reduce their cultivation areas. Rice production declined by 7 percent in the 2024/2025 […]
by Rosalia Ozibo. The Kwara State Government has initiated an investigation into the unusual flooding that submerged rice farmlands spanning thousands of hectares in Shonga, Edu Local Government Area. A delegation led by the Deputy Chief of Staff, Princess Bukola Babalola, visited the affected community, Tada, on Sunday to assess the situation. The team also […]
Strong dollar, higher exchange rate also dragging exports; demand from Africa stable. By Subramani Ra Mancombu Rice prices in the global market have dropped by over five per cent in the past three weeks on slack demand and good production resulting in ample supplies. “Rice prices are down sharply as the production is higher this […]
By Christina Haule , The Guardian. THE Agricultural Research Institute of Tanzania (TARI) has been urged to broaden its innovations to ensure farmers gain not only improved rice farming techniques but also essential knowledge to access reliable markets for their produce. This appeal comes in response to persistent market shortages faced by farmers in Morogoro […]
