Author: DA Press Office The Department of Agriculture (DA) is set to roll out KADIWA Rice-for-All program in all major public markets to provide affordable options for consumers and curb persistently high retail prices of rice. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said the move comes in response to the discrepancy between reduced tariffs […]
A farmers’ group has called out the National Economic and Development Authority (NEDA) for belatedly sending an invitation to a public consultation on Executive Order 62 slashing import tariffs on rice. The Samahang Industriya ng Agrikultura or SINAG, which has been vocal in opposing lower tariffs on imported rice supply, said NEDA sent out an […]
By: John Eric Mendoza – Reporter / @JEMendozaINQ MANILA, Philippines — The average price of rice should now be at around P30 per kilogram due to a tariff cut and lower international prices, a Department of Agriculture (DA) official said on Tuesday. Asis Perez, DA undersecretary for policy, planning, and regulations, admitted before the House […]
By Thi Ha Vietnam’s rice prices remain the highest globally even after India lifted its export ban. After India, the world’s largest rice exporter, removed most restrictions on rice exports in late October, prices in the global market saw a sharp drop. Prices of 5% broken rice from Pakistan and Thailand fell 5-10% to US$457-490 […]
Reuters BENGALURU/ MUMBAI/HANOI/BANGKO: Thai rice export prices climbed to a one-month peak this week, buoyed by foreign demand, while Indian rice prices held steady near a 15-month low due to ample supplies. Exports are making the market active, a Bangkok-based trader said, adding that demand was from regular customers like the Philippines, Indonesia, other Asian […]
Dominique Nicole Flores – Philstar.com MANILA, Philippines — How much should rice prices be to ensure affordability for Filipinos while remaining fair to producers? For the Department of Agriculture, the answer is P42 per kilo of rice. But for peasant groups, there are nuances in pricing that need to be addressed. Agriculture Secretary Francisco Tiu […]
TOKYO: The average price of Japanese rice sold to wholesalers by suppliers in October struck a record high on rising production costs, government data showed Tuesday, despite forecasts that the price would go down following the autumn harvest. The transaction price of unpolished rice harvested this year, which could affect retail prices, rose 57 percent […]
Commerce Ministry reports that export prices have risen by up to 24% in boost for farmers. The Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise. Jasmine rice has seen a significant price increase, with premium varieties fetching 16,000 baht per tonne. […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Monday. The deadline for submission of price offers is Dec. 2. A previously issued tender from Bangladesh also seeking 50,000 tons of rice closes on Monday. Floods in Bangladesh have destroyed an estimated 1.1 […]
By Adrian H. Halili, Reporter IMPORTERS are cornering much of the value from the lowering of rice tariffs, with prices not falling as much as they should have, a farmers’ federation said. “Right now, the benefit from the lower tariffs is being captured mostly by importers, wholesalers and retailers,” Federation of Free Farmers (FFF) National […]
