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NFA seeks return of regulatory powers to help stabilize rice prices

By SHERYLIN UNTALAN, GMA Integrated News The National Food Authority (NFA) is urging lawmakers to support a proposed bill that will restore its regulatory and market intervention functions—powers that agency officials say are critical to stabilizing rice prices, protecting farmers, and securing the nation’s food supply. Speaking at the Bagong Pilipinas public briefing, NFA Administrator […]

DA delays rice price cut amid global volatility

Author: DA Press Office Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday the Department of Agriculture (DA) is delaying a plan to reduce the maximum suggested retail price (MSRP) of imported rice next month, citing growing volatility in global markets sparked by escalating conflict in the Middle East. The DA had previously planned to […]

India may improve trade deficit with Japan by selling quality rice

Source: Business Standard India is the world’s largest exporter of rice, with its output mainly going to countries in West Asia and Africa. Thousands of rice varieties are harvested in the country, including the glutinous rice (commonly known as sticky rice) in the northeastern states. With the Japanese government considering increasing its rice imports, there […]

Asia rice: Prices in India edge up as demand improves; muted activity seen elsewhere

Source: Business Recorder Indian rice export prices edged up from two-year lows this week, helped by improving demand, while a lack of buying activity and higher supplies weighed on Thailand and Vietnam rates. India’s 5% broken parboiled variety was quoted at $380-$386 per ton, up from the last week’s $378-$384. Indian 5% broken white rice […]

Sugar, rice prices soar in wholesale markets

Traders to issue revised prices for all grocery items within next 10 days. RAWALPINDI: With the upcoming fiscal year’s budget implementation looming, wholesale markets have begun raising prices. The price of a 50kg sugar sack rose by Rs300 on Wednesday, and an additional Rs200 increase is expected this week, pushing the retail price of sugar […]