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Govt procures 12.1 mn tonnes paddy from Punjab so far, 65% of target.

The central government has fixed an estimated target of 185 lakh tonnes for paddy procurement for the ongoing KMS (kharif marketing season) 2024-25 which will continue till November 30. Press Trust of India New Delhi The Centre has procured 120.67 lakh tonnes of paddy so far from Punjab, or 65 per cent of the estimated […]

Non-basmati rice procurement woes in Punjab may force growers to shift to basmati 

Farmers who have harvested the fragrant rice are happy despite drop in prices. By Prabhudatta Mishra Basmati farmers in Punjab are happy despite receiving prices lower than last year. The reason for their happiness is the problems with the current procurement situation in the State amid a late purchase of non-Basmati paddy after a fortnight-long […]

After rejection of rice samples, Punjab millers wary of lifting high-moisture paddy

Say they won’t accept paddy with even the slightest deviation from the norms. Ruchika Khanna / Tribune News Service The rejection of rice samples shipped from Punjab to several states has triggered fear psychosis among rice millers over milling of this year’s paddy, thus affecting the procurement once again. “Forced” by the state government to […]

India rice prices extend declines on rupee plunge

Reuters MUMBAI/ HANOI /BANGKOK/BANGLADESH: Prices of rice exported from top hub India fell for a third straight week, hitting a 15-month low, due to rupee depreciation and increased supply. India’s 5% broken parboiled variety was quoted at $440-$447 per metric ton this week, the lowest since July 2023 and down from last week’s $442-$449. Indian […]

Rice exporter honoured at World Rice Conference 2024

MANILA: The Embassy of Pakistan in Manila is pleased to announce that Pakistani rice exporter Fuad Garib has been awarded the Best Market Achievement Award at the World Rice Conference 2024. This recognition marks the first time a Pakistani rice company has received this award on an international platform, a significant achievement for Pakistan’s rice […]