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Thailand unveils 1.8 billion-USD support for rice farmers

Support measures include a credit programme to delay the sale of paddy, a loan programme for agricultural institutions to purchase paddy and add value, and an interest compensation programme for rice traders who stockpile paddy. Bangkok (VNA) – Thailand’s cabinet has approved three programmes worth more than 60 billion THB (1.84 billion USD) for the […]

Kenya turns to India for rice imports as farmers decry unsold harvests

Source: Down To Earth Kenya has announced plans to import half a million tonnes of rice duty-free, mostly from India and Pakistan, to address what it calls an imminent shortage. But the decision has sparked outrage among local farmers, who insist they are already sitting on unsold stocks from recent good harvests and warn that […]

Government takes measures to stabilize rice prices, ensure food security

Author: Gusty Da CostaEditor: Imanuddin Razak The Ministry of Agriculture, the National Food Agency (BPN), and the State Logistics Agency (Bulog) have launched coordinated strategic measures to address rising rice prices and ensure national food security. These measures were outlined during a hearing with agriculture and forestry Commission IV of the House of Representatives (DPR) […]

Asia rice: Vietnam rates rise on low domestic supplies; improved demand lifts India prices

Reuters Vietnamese rice prices rose this week as domestic supplies tumbled, while Indian rates also ticked higher on rupee appreciation and improved demand. Vietnam’s 5% broken rice was offered at $399 per metric ton on Thursday, up from $395 a week ago, according to the Vietnam Food Association. “Prices are higher as domestic supplies are […]

Vietnam rises to No. 2 in global rice exports, PM calls for rapid expansion

Vietnam has surpassed Thailand in rice exports. The Prime Minister urges immediate action to strengthen its competitive edge. Tien Phong Vietnam has surpassed Thailand to become the world’s second-largest rice exporter. To maintain this position, Prime Minister Pham Minh Chinh has called for the agricultural sector to swiftly address obstacles and seize export opportunities. Accelerating […]

Rice prices soar despite record harvest, ample reserves

Market analysts and consumers call the trend ‘abnormal,’ blaming syndicates, with many seeing the government as helpless. Shafiqul Islam Rice prices in Bangladesh have been climbing for several days across all varieties—coarse, medium, and fine grains—despite repeated government assurances of sufficient production and supply. Currently, coarse rice that was selling at Tk50–54 per kilogram is […]

Islamabad says Iran to prioritize Pakistani rice, mango and meat exports under ‘landmark’ understanding

ISLAMABAD: Iran will prioritize Pakistan’s rice, meat, mango and other exports as part of a “landmark” trade understanding reached between the two countries in Tehran, the Pakistani government said on Monday. The statement came after a high-level ministerial meeting between both sides on food security and agricultural cooperation. National Food Security Minister Rana Tanveer Hussain […]

Bangladesh’s duty-free rice import prompts 14% surge in Indian prices

TBS Report Dhaka announced on Wednesday it would allow duty-free imports of 500,000 tonnes of rice in a move aimed at stabilising domestic prices. Rice prices in India have risen by as much as 14% in two days after Bangladesh removed a 20% import duty on the staple, prompting traders across the border to rush […]

Vietnamese rice promoted in China’s Hong Kong

Vietnamese Consul General in Hong Kong and Macau Le Duc Hanh noted that rice trade has long played a traditional and relatively stable role in Vietnam–Hong Kong commercial relations, stressing that the sector still has much potential for growth. Hong Kong (VNA) – A business networking seminar to promote Vietnamese rice products was held in […]