Ada Pelonia. Vietnamese rice prices rose in 2024, with the average annual quotation of the 5 percent broken variety increasing to over $550 per metric ton (MT), according to the World Bank. Figures from the World Bank showed that the average price of Vietnam’s 5 percent broken rice grew by 6.45 percent to $557.5 per […]
COLOMBO (News 1st) – The government has announced its decision to set a guaranteed price for rice, with the Ministry of Agriculture confirming that the price will be revealed next week. Currently, a special committee is working to determine the guaranteed price, with the committee being chaired by the Director General of the Agriculture Technology […]
By Adrian H. Halili, Reporter. AS DROUGHT and typhoons continue to disrupt rice production, the need to lower the price paid by the public for the staple grain remains pressing, with the government resorting to lowering the tariffs on imported rice to 15% from 35% until 2028. But who exactly is capturing the benefits of […]
Dominique Nicole Flores. MANILA, Philippines — The Department of Agriculture (DA) announced on Friday, January 3, that it will soon unveil its plan to remove labels from imported rice following consultations with industry stakeholders. Agriculture Assistant Secretary Arnel de Mesa mentioned in an interview that the DA held its first meeting on Thursday, January 2, […]
By TED CORDERO, GMA Integrated News. The Department of Agriculture (DA) is planning to further reduce the selling price of the grain staple under its “Rice-for-All” initiative this month. Currently, the DA is selling well-milled rice at P40 per kilo in several Kadiwa locations in Metro Manila, which includes several MRT-3 (Ayala Avenue and North […]
By Bernama / Bernama. BUKIT GANTANG (Jan 1): The government is considering importing white rice from Pakistan to address ongoing issues with supply and pricing. National Action Council on Cost of Living (Naccol) Task Force (Food Cluster) chairman Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal said the proposal, submitted to Padiberas Nasional Bhd (Bernas), […]
Reuters Indian rice export prices extended declines to a 17-month low this week on depreciation in rupee to a record low, and demand remained muted in key hubs during the holiday period. Top exporter India’s 5% broken parboiled variety was quoted at $439-$445 per ton this week, down from the last week’s $440-$446. While, Indian […]
As Vietnam celebrates its most successful year for rice exports, with nearly $5.8 billion in revenue, late-year price drops underscore the volatility of global markets. A record-breaking year for Vietnamese rice According to the Ministry of Agriculture and Rural Development (MARD), Vietnam exported approximately 9.01 million tons of rice in 2024, generating nearly $5.8 billion […]
Author: DA Press Office Agriculture Secretary Francisco P. Tiu Laurel Jr. has announced plans to remove brand labels from imported rice, citing concerns that some industry players are manipulating the system to inflate prices and exploit Filipino consumers. “After conducting a series of market visits, we now have reason to believe that some retailers and […]
By FRANCK DICK ROSETE CAGAYAN DE ORO – Filipinos still vividly remember the promise made by President Ferdinand Marcos, Jr., during his election campaign in 2022: to lower the prices of rice to P20 per kilo. However, after nearly three years, a rice farmer still sees it as something that is “unlikely to happen.” This […]
