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Race to secure 2025 rice crop heats up, lifting prices

With early shipments of rice from the 2025 harvest having reached the market, attention is turning to supply, demand and prices amid uncertainty over how this summer’s extreme heat, water shortages and heavy rain will affect yields. Competition to secure new-crop rice is intensifying, pushing up the provisional payments that agricultural cooperatives advance to growers […]

Govt yet to decide on proposal to raise local white rice price to RM3.60/kg

By Iylia Marsya Iskandar, Nor Ain Mohamed Radhi KUALA LUMPUR: The government has yet to decide on the proposed increase in the price of local white rice from RM2.60 to RM3.60 per kilogramme. Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said they are currently conducting an impact assessment on the proposal, including on […]

Ghana becomes Vietnam’s largest rice export market in September

Ghana became Vietnam’s largest rice buyer in September, accounting for nearly 22% of total exports after the Philippines temporarily suspended imports. Vietnam exported 6.83 million tonnes of rice in the first nine months, earning 3.49 billion USD, down 2.05% in volume and 19.98% in value year-on-year. In September alone, the country shipped 466,800 tonnes of […]

Govt offloads a record 5.6 MT of rice to bulk buyers

India’s central rice stock continues to surge past 47 million tonnes (MT), significantly above the buffer norm, despite record open market sales, ethanol, and welfare scheme allocations. Written by Sandip Das The government’s central-pool rice stocks continue to surge despite record offloading of grain through open market sale, liberal allocations to states, and for ethanol […]

End monopoly in rice trade, say farmers

FMT Reporters PeSawah says the current structure limits the number of firms buying padi and distributing rice, thereby suppressing prices. PETALING JAYA: A farmers’ group has urged the government to review the structure of the padi and rice industries, describing it as highly monopolistic and leaving farmers on the losing end. Pertubuhan Persaudaraan Pesawah Malaysia […]

Govt races to import rice to maintain stocks, boost OMS supply

Abul Kashem & Shaikh Abdullah Import of 1 lakh tonne rice ongoing, more by Nov. Highlights: The government is urgently importing 4 lakh tonnes of rice to maintain food stocks and boost open market sales (OMS), as fresh paddy will not arrive before December while floods have hit the north. Food ministry officials said OMS […]

Agriculture Minister Claims Indonesia to Achieve Rice Self-Sufficiency in Three Months

Reporter: Eka Yudha Saputra TEMPO.CO, Jakarta – Minister of Agriculture Andi Amran Sulaiman said that Indonesia will achieve rice self-sufficiency within three months, ahead of the initial target. Amran stated that President Prabowo Subianto’s initial goal was to achieve food self-sufficiency within four years. Then, after 21 days, the target changed from four years to […]

World Rice Prices Fall to 2015 Levels

The base price of rice in Asia has dropped to the lowest level in the past decade. This situation will lead to a decrease in expenses for households and countries dependent on imports, according to agronews.ua. Bloomberg reports that, according to the Thai Rice Exporters Association, wholesale prices for Thai white rice with 5% broken […]

Increased supply of Indian rice cuts wholesale prices by Tk300

Md Masud Retail prices remain largely unchanged, frustrating consumers. Highlights: The price of rice in the country’s markets has started to decline. Over the past two weeks, the wholesale price of almost all varieties of rice has fallen by up to Tk300 per bag. Traders attribute the price drop to an increased supply following a […]