Reuters Prices of parboiled rice exported from top hub India gained, after holding steady for three straight weeks, supported by improved demand this week, while the delivery of shipments and demand from regular customers drove Thai rates to their highest in one month. Top exporter India’s 5% broken parboiled variety was quoted at $445-$453 per […]
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 […]
The home ministry has warned the government about the possible shortfall of rice due to volatile global market, rising dollar price, soaring production cost and recent floods. Exploiting the issues, unscrupulous traders is destabilising the rice market by hoarding it, adversely affecting the country’s consumers. The ministry has conducted an investigation against the backdrop of […]
To invest SAR 185 million over the next 5 years in the Kingdom. FoodTechBiz Desk LT Foods, a global Fast-Moving Consumer Goods (FMCG) Company in the consumer food space, has announced its official entry into Saudi Arabia with the inauguration of a new office in Riyadh, to tap the U.S. $ 2 billion rice and […]
The Philippines remains Việt Nam’s largest market, which imported 2.91 million tonnes of rice by the end of October. HÀ NỘI – Việt Nam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home US$5.05 billion, according to the General Department of Customs. Data also shows that in the first half of […]
Iraq purchased 80,000 metric tons of U.S. long grain rice in August, the first after months of negotiations. Forrest Laws The ADM Rice Division’s sale of 44,000 metric tons of U.S. long grain rice to Iraq is being called “a breath of fresh air” for rice markets that haven’t had much of that commodity lately. […]
Achieving $5 billion in rice export revenues highlights Vietnam’s global standing, but the absence of a strong national brand for high-quality rice remains a significant concern. Vietnam’s rice exports have officially surpassed $5 billion, setting a historic record. However, Le Thanh Tung, Deputy Director of the Department of Crop Production (Ministry of Agriculture and Rural […]
Despite challenges in the global rice market, Vietnam is on the right track to achieve a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders. The Ministry of Agriculture and Rural Development said Vietnam’s rice exports for the first 10 months of 2024 totalled nearly 7.8 […]
According to sources at the port authority, after the duty withdrawal, 12 companies approved by the Ministry of Food started importing through Bhomra. Bangladesh imported 6,520.21 metric tonnes (MT) of rice from India through Bhomra Land Port in Satkhira over the past eight days that authorities hope would help stabilise the country’s rice market. The […]
According to the Ministry of Agriculture and Rural Development, rice exports in October reached 800,000 tonnes with a value of $505 million, bringing the total for the first 10 months to nearly 7.8 million tonnes at almost $4.9 billion. The figures represent an increase of over 10 per cent in volume and 23 per cent […]
