The total cost of oil procurement is Tk177.1 crore, with each litre priced at Tk161. UNB. The government has approved the procurement of 110 million litres of rice bran oil for its Open Market Sale (OMS) program. The approval came at a meeting of the Cabinet Committee on Government Purchase (CCGP) on Tuesday, chaired by […]
By Dexter Barro II At A Glance The Philippines, the world’s top rice importer, is expected to purchase a record-high volume of rice in the upcoming marketing year (MY), as the country sees continued growth in consumption, according to the United States Department of Agriculture (USDA). In its latest “Grain: World Markets and Trade” report […]
Taiwanese rice prices half of Japan’s, boosting export potential. Carol Yang TAIPEI (Taiwan News) — The Ministry of Agriculture said Tuesday that Taiwan is expected to export over 10,000 tonnes of rice to Japan this year. Agriculture Deputy Minister Hu Chung-yi (胡忠一) said that from 2020 to last year, Taiwan exported an average of around […]
Rice and other agricultural crops have become one focus of tariff negotiations between Japan and the United States, but Japan is already a major importer of US crops. Japan has faced criticism from the United States for high tariffs on rice. However, under its “minimum access” (MA) system, it allows annual tariff-free imports of rice […]
Ada Pelonia The slide in international prices did not translate into more rice purchases for the Philippines, based on the latest government data which indicated that arrivals as of May 2 declined. Figures from the Bureau of Plant Industry (BPI) showed that rice import arrivals during the period reached 1.32 million metric tons (MMT), 21.33 […]
INDONESIA is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the world’s top growers of the staple food. Domestic output is expected to increase to at least 33.8 million tons in 2026, up from a target of 32.8 million tons this […]
Jasim Uddin Haroon. Bangladesh’s rice imports soared further during the first nine months of the current fiscal year as the government scrambled to replenish food reserves and stabilise markets in the wake of higher inflationary pressure on the economy. Rice imports jumped over 2,900 per cent year-on-year to US$492.4 million in the July-March period of […]
The Rice Association The UK Rice Association welcomes the fine detail around rice import tariffs in the United Kingdom’s (UK) trade deal with India, which provides a win-win for Indian rice producers and UK rice millers. Ministers and the negotiation team factored the economic, food security, and food safety contributions of rice milling in the […]
Lower rice prices will benefit price-sensitive consumers in Africa and other regions. By Channels Television Nigeria is among the top rice-importing countries currently reaping the benefits of a global slum in prices of rice to multi-year lows. Data obtained from a Reuters poll showed that the market slumped in April, a month after Delhi removed […]
India is the world’s biggest and Pakistan the fourth largest exporters of rice to import-reliant Southeast Asian nations. Hadi Azmi. The deepening conflict between India and Pakistan may threaten food security across Asia, officials and analysts warn, with import-dependent countries raising concerns over rice supplies if the crisis disrupts trade and increases global commodity prices. […]
