Synopsis Shares of rice companies like KRBL, LT Foods, and Kohinoor Foods surged up to 15% on BSE after the government removed the $950/tonne minimum export price for basmati rice, boosting global demand. Shares of rice stocks like KRBL, LT Foods, Kohinoor Foods, and others rallied up to 15% on BSE today after the government […]
Agriculture Secretary Francisco Tiu Laurel Jr. said last month that consumers would feel the impact of tariff reduction by October as traders were still disposing of their old stocks which they brought in at higher duties. Philippine Daily Inquirer MANILA – The price of locally produced and imported rice retailed at around P50 a kilo […]
In a significant move to enhance the export of Basmati rice, a premier Geographical Indication (GI) variety of India, the Government of India has announced the removal of the floor price on Basmati rice exports. This decision comes in response to ongoing trade concerns and the adequate domestic availability of rice. The Agricultural and Processed […]
India, the largest rice exporter globally, has been limiting rice exports to curb domestic food inflation, which led to a significant decline in rice shipments. Mahima Vachhrajani In a crucial decision, the Indian government has removed the minimum export price (MEP) of $950 per tonne for basmati rice, a move that is expected to benefit […]
Shares of Indian rice companies surge on report of government removing floor price for basmati rice exports This will help boost overseas sales of the premium grade and aid farmers struggling with debt and higher costs India is the world’s largest rice exporter ‘India Gate’ basmati rice brand owner KRBL KRBL.NS gains 4.7%, ‘Daawat’ brand […]
By Daniel Adaji The sale of subsidised rice to the general public begins today (Monday), an official of the Federal Ministry of Agriculture and Food Security stated on Sunday, as a notice from the ministry also confirmed the commencement of the exercise. The ministry said the move is part of efforts to mitigate the soaring […]
Designer compost, selectively enriched in rice-growth-promoting microorganisms, could allow sustainable rice cultivation. Beneficial microbes in the soil of rice paddies could be key allies in a collaborative project to build a circular agricultural economy in the celebrated rice-growing region of Niigata, Japan. By combining growth-enhancing microbes with the organic waste generated during rice production, a […]
By Mayank Bhardwaj NEW DELHI, Sept 13 (Reuters) – India removed a floor price for basmati rice exports on Friday, according to a government order, to help farmers struggling with debt and higher costs boost overseas sales of the premium grade just weeks ahead of the arrival of the new-season crop. Last year New Delhi […]
The Ministry of Agriculture and Waterways, in collaboration with China Aid-Fiji is working on revitalising rice farming in the Serua and Namosi provinces. Senior Agriculture Officer (Serua/Namosi) Inosi Vulawalu said interest in rice farming declined over the years because of rural-to-urban drift as well as changing weather patterns that affected rice production. “The ministry is […]
They offer a cost-effective, environmentally friendly, and reliable alternative to traditional diesel-powered machinery. By Kaustubh Dhonde The agricultural sector has always been the backbone of human civilisation, responsible for feeding the world’s growing population. Yet, this critical industry is not without its challenges. From the rising costs of fuel and equipment maintenance to the pressing […]
