THE ASAHI SHIMBUN At what price rice? Apparently, the sky’s the limit. Hoarding and speculative trading, coupled with government tardiness, seem to be the primary factors behind the crisis. The government blames the situation on speculative reluctance to sell. But even with its own decision to release stockpiled rice, there is no sign that prices […]
By TED CORDERO, GMA Integrated News The Department of Agriculture (DA) on Wednesday announced it is slashing further the maximum suggested retail price (MSRP) for imported rice in the coming month. “The maximum suggested retail price for imported rice will be lowered to P49 per kilo starting Saturday, March 1, marking the first time since […]
By Vietnam News Agency. Minister of Agriculture Andi Amran Sulaiman has emphasized Indonesia’s stable rice stock as a model of resilience amid food crises affecting the region. Indonesia will not face a situation where people have to queue for rice, as seen in the Philippines, or panic-buy, as in Malaysia and Japan, Sulaiman said on […]
By Ngoc Tai. Rice traders in the Mekong Delta are selling off their inventories on the streets at losses since export demand and prices are declining. Over the last month Nguyen Thi Lan, a trader based in Tien Giang Province’s Cai Lay town, has been selling the grain at VND11,800-15,000 (US$0.46-0.6) per kilogram on streets […]
The Department of Agriculture (DA) on Wednesday, February 19, kicked off the distribution of rice stocks from the National Food Authority (NFA) to local government units (LGUs) committed to addressing the recently declared food security emergency. This move aims to combat the steep rise in rice prices that start in July 2023. Agriculture Secretary Francisco […]
Thailand’s Commerce Ministry is implementing seven measures to lift rice prices, such as paddy fairs. Bangkok (VNA) – Thailand’s Commerce Ministry is implementing seven measures to lift rice prices, such as paddy fairs. Commerce Minister Pichai Naripthaphan said the recent dip in rice prices is primarily due to external factors, notably India’s resumption of exports […]
The average price of Japan’s 2024 rice crop sold to wholesalers surged in January to hit a record high for the fifth straight month, the agriculture ministry said Wednesday. The January average rose 69% from a year earlier to ¥25,927 per 60 kilograms of brown rice amid intensifying demand. The ministry surveys and releases monthly […]
By Stephanie Sevillano. MANILA – The Department of Agriculture (DA) further lowered its maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila to PHP52 per kilogram from PHP55. The reduction, effective Feb. 15 under Administrative Circular No. 3, was made due to the declining trend of global rice prices, particularly in […]
THE Department of Agriculture (DA) said on Monday that it estimates rice demand for 2025 at over 15 million metric tons (MMT). The rice harvest is expected to improve this year due to favorable growing conditions, Assistant Secretary Arnel V. de Mesa said on the sidelines of a briefing. He said the El Niño and […]
By: Jordeene B. Lagare. MANILA, Philippines — The prices of different types of rice sold under the Rice-for-All program of the Department of Agriculture (DA) will drop by P2 to P3 starting on Feb. 12. According to the DA, the price cuts will apply to broken rice or rice grains that are broken or fragmented […]
