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Philippines’ rice imports drop nearly 21% in five months

Despite this downturn, the United States Department of Agriculture (USDA) projects that the Philippines will remain the world’s leading rice importer in 2025, with imports expected to rise to 5.4 million tonnes, and further increase to 5.5 million tonnes in 2026. Hanoi (VNA) – By the end of May 2025, the Philippines has observed a […]

Philippine rice imports fall as harvest barely rises

By: Jordeene B. Lagare MANILA, Philippines — The importation of milled rice to the Philippines slowed down as of late May. This was observed as local production of palay or unmilled rice slightly increased in the first quarter of this year. Data from the Bureau of Plant Industry showed that inbound grains totaled 1.7 million […]

India raises purchase price of rice by 3%, lowest increase in five years

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 […]

Warning over rice market instability.

Published by: The Financial Express. The price of rice, the staple food of Bangladesh, has long been an overriding concern for the general public, as it significantly affects living expenses of a majority of the people due to their limited incomes. Unlike other consumer goods, where consumption can be reduced in response to price hikes, […]

Aichi Rice Production Under Siege from Warming Climate; Record Heat Stunts Crop Growth, Causes Greater Pest Activity

By Keisuke Kono / Yomiuri Shimbun NAGOYA — Amid nationwide high rice prices, Aichi Prefecture is striving to increase rice production. The prefecture, though, faces a formidable threat from pests, whose damage is intensified by global warming, making it more difficult to combat them. The prefecture has set its production target for this year at […]

World rice market under pressure from record Indian harvests

Source: Farm Progress. The global rice market is experiencing significant volatility due to export restrictions and record harvests in India, which are putting pressure on prices, said Alvaro Duran-Morat, an associate professor at the University of Arkansas. According to the USDA, India set a new rice production record in 2024 of 147 million tons (in […]

Japan PM hits out at farm minister over free rice claim

Tokyo (AFP) – Japanese Prime Minister Shigeru Ishiba on Tuesday reprimanded the farm minister for claiming he never buys rice because he gets it free, provoking the ire of consumers facing soaring prices. Japan’s government has released some of its emergency stockpile of the grain in recent months, with agriculture minister Taku Eto weeks ago […]

Boro rice harvesting season brings smiles to farmers’ faces

Sultanul Islam Supply of paddy determines price, no market syndicate exists. Despite a significant rise in Boro rice production in the haor (marshy) region—thanks to favourable weather this year—the price of freshly harvested paddy has not dropped, due to the enhanced bargaining power of farmers, according to market insiders. Traders and suppliers to rice mills […]