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Oversupply Leads to Tens of Thousands of Tons of Rice Going Bad, Says Indonesian Minister

Reporter Alfitria Nefi P TEMPO.CO, Jakarta – Indonesian Minister of Agriculture, Amran Sulaiman, stated that around 30,000 government rice reserves stored in Bulog warehouses were damaged. “It used to be undamaged because there was no rice, Sir. Now, it’s damaged because there’s an oversupply of rice,” said Amran during the ‘Town Hall Meeting One Year […]

CAA announces new maximum retail prices for imported rice

CHATURANGA PRADEEP SAMARAWICKRAMA Colombo, October 22 (Daily Mirror) – The Consumer Affairs Authority (CAA) has announced revised maximum retail prices (MRPs) for imported rice varieties, effective from Monday (21). The new regulations, issued under the Consumer Affairs Authority Act No. 9 of 2003 (as amended), were published in the Extraordinary Gazette No. 2459/12 dated October […]

Domestic rice production key as Taiwan negotiates US trade deal

Jane Rickards Domestic rice supply is a great security concern in Taiwan, one that’s been stoked by trade negotiations with the United States. Washington wants more access to Taiwan’s rice market. In Taiwan, the worry is that greater imports would damage the domestic production that it would need for stretching out stocks if China blockaded […]

FCI set to launch direct rice sale to public on Nov 14 

Simultaneously, it has floated tenders for bulk sale of rice to traders at ₹2,800 per quintal, allowing purchases of up to 50,000 tonnes per bidder. By Prabhudatta Mishra The Food Corporation of India (FCI) plans to sell the best quality rice, including parboiled rice, directly to consumers during Delhi’s annual trade fair on November 14. […]

China helps Ivory Coast modernize agricultural approaches

In the face of increasing climate pressures, China’s is looking to help the Ivory Coast build agricultural resilience. Written by Jean Sovon, Written by Vivian Wu This article was submitted as part of the Global Voices Climate Justice fellowship, which pairs journalists from Sinophone and Global Majority countries to investigate the effects of Chinese development […]

RI Govt to expand rice fields to curb soaring prices

Jakarta (ANTARA) – Indonesia plans to accelerate rice field development in its eastern regions as part of long-term efforts to stabilize prices and strengthen food security, Agriculture Minister Andi Amran Sulaiman said on Monday. The initiative targets Zone 3 regions — including Papua, Maluku, and East Nusa Tenggara (NTT) — where rice prices have surged […]

Bangladesh issues tender to buy 50,000 tons rice, traders say

Reuters HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice, traders said on Monday. The deadline for submission of price offers is November 3. The tender seeks price offers for non-basmati parboiled rice in CIF liner out terms, which involve ship unloading costs for the seller, for […]

Economic dev’t committee reviewing recommendations to adjust rice tariff

THE Economic Development Committee (EDCom) said it is seeking to strike a balance between protecting farmers and limiting the inflationary impact on consumers in adjusting rice import tariffs. In a statement on Monday, the Department of Economy, Planning, and Development (DEPDev) said Secretary Arsenio M. Balisacan, who co-chaired the 5th EDCom meeting, said the EDCom […]

Bapanas: Rice Stocks for Market Operations Exceed 1 Million Tons

Reporter: Alfitria Nefi P TEMPO.CO, Jakarta – The Head of the Indonesia’s National Food Agency (Bapanas), Amran Sulaiman, stated that there are more than one million tons of rice stock allocated for the Supply and Food Price Stabilization (SPHP) program this year. “The President has ordered continuous market operations. Our stock allocation still exceeds 1 […]