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NFA boosts rice buffer stocks, cuts deficit in 2024 amid challenges.

By DA NFA The National Food Authority (NFA), a government agency under the Department of Agriculture, made significant strides in 2024, achieving its highest rice buffer stocks in years, improving its operations, and significantly reducing its deficit despite facing challenges stemming from a leadership change and an ongoing Ombudsman investigation. In the wake of an […]

Asia rice: Weak demand, high supplies push Indian prices to lowest since June 2023.

Reuters BENGALURU/MUMBAI/ BANGKOK/HANOI AND BANGLADESH: Indian rice prices fell this week to their lowest level since June 2023 on sluggish demand and ample supplies, while Thai rice export prices held steady near an over two-year low. India’s 5% broken parboiled variety was quoted at $395-$401 per tonne, down from the last week’s $403-$410. “Buyers are […]

Water scarcity threatens Punjab’s Rabi crops, rice production

DG PDMA urges proactive farmer alerts; preparations made for water shortages in Thal, Cholistan regions. News Desk. The Provincial Disaster Management Authority (PDMA) Punjab has issued an alert detailing precautionary measures in response to the threat of potential drought conditions caused by significantly reduced rainfall. According to a circular issued to commissioners, deputy commissioners, and […]

Nasarawa farmers commend FG, IFAD for boosting rice production.

By Collins Agwam Dry season farmers in Nasarawa State have commended the Federal Government of Nigeria and the International Fund for Agricultural Development for supporting them with the needed farming inputs to scale up rice production in the state. The FGN, in collaboration with IFAD, had empowered several farmer organisations with inputs in five out […]

Nigeria consuming more wheat, corn, rice and sorghum

By Susan Reidy LAGOS, NIGERIA — Corn, wheat, rice and sorghum consumption in Nigeria is expected to increase in 2025-26, driven by appreciation of the naira, slowing food price inflation and macroeconomic stabilization, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. Wheat consumption is expected to increase […]

Japan begins taking bids in second auction of stockpiled rice.

The agriculture ministry on Wednesday began to accept bids in the second round of its auction for government-stockpiled rice. The focus is on whether the release of reserve rice will help curb soaring rice prices. The government plans to consider a further release if necessary. The ministry decided in February to release 210,000 metric tons […]