India expects record wheat and rice production in the year ending in June, according to the latest forecasts from the agriculture ministry. India is likely to produce a record 117.5 million tons of wheat, the ministry calculated. In March, they expected a yield of 115.4 million tons. India ranks second in the world ranking of […]
Korean food export company The O Global has signed a landmark agreement with Beisia, one of Japan’s top retail distributors, to export 200 tons of Korean rice to help ease Japan’s ongoing rice shortage. The contract represents the largest volume of rice ever exported by a private Korean company for general consumer sales in Japan. […]
by Web Desk (Lahore) KARACHI – Prices of sevearal basic commodities including rice and chicken increased, adding to financial burden on households preparing for the festive season. Super Basmati rice prices jumped from Rs25 to 30 per kilogram, now reaching Rs340 per kilogram, Sella rice rate has been increased by Rs20, hitting Rs340 per kg […]
Source: Rural Voice. India’s agricultural and allied sector exports witnessed a significant increase of 6.47% in the fiscal year 2024-25, reaching $51.91 billion. This growth is particularly noteworthy given that the country’s total merchandise exports remained nearly at the previous year’s level of $437 billion, recording only a marginal increase of 0.1% during the same […]
By Rajendra Jadhav. NEW DELHI, May 28 (Reuters) – India has raised the price at which it will buy the new-season common rice paddy variety from local farmers by 3%, the lowest increase in five years, as New Delhi struggles to manage overflowing granaries after last year’s record harvest. India is the world’s second-largest producer […]
Exports of major commodities under the Agricultural and Processed Food Products Export Development Authority (APEDA) increased by 11% in 2024-25, reaching $27.90 billion. Ajeet Singh. India’s agricultural and allied sector exports witnessed a significant increase of 6.47% in the fiscal year 2024-25, reaching $51.91 billion. This growth is particularly noteworthy given that the country’s total […]
Event brings buyers and sellers together NEWSPAPER SECTION: Business / WRITER: Phusadee Arunmas Thailand is promoting its high-quality and distinctive rice varieties, anticipating that the Thailand Rice Convention will secure 100,000 tonnes in orders and generate over 2 billion baht in revenue. At the 10th Thailand Rice Convention (TRC) 2025 in Bangkok on Monday, Commerce […]
THE Department of Agriculture (DA) said it will propose to economic managers a gradual increase in the rice import tariffs by the next harvest. The DA said it wants the current 15% tariff to be retained until the end of the second quarter to keep rice prices from rising, Agriculture Secretary Francisco Tiu Laurel, Jr. […]
Global rice production for the 2024/25 season has been revised upwards by 3.1 million tonnes to a record 535.8 million tonnes (milled basis), nearly 3% higher than last year. According to the Rice Outlook: April 2025 report by the United States Department of Agriculture (USDA), global ending stocks for 2024/25 have been increased by 1.7 […]
Source: Business Recorder. India’s rice export prices slid to a near two-year low this week, pressured by a weak rupee and rising supplies amid subdued demand, while export markets in other key Asian hubs remained quiet. India’s 5% broken parboiled variety was quoted at $382-$389 per ton, down from the last week’s $384-$391. Indian 5% […]
