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Korea cuts rice cultivation, boosts organic production and exports.

Government pushes for rice industry overhaul amidst growing organic focus. By Yun Hee-hun The government is planning to reduce rice cultivation area by 80,000 hectares (ha, 1 ha is 10,000 square meters) to prevent overproduction of rice. This area is about 300 times the size of Yeouido. The reduction will be allocated based on the […]

5.3 million rice bags lost Floods ravage rice supply.

THE potential output of 5.3 million 10kg bags of rice were lost due to the ongoing floods, the Dewan Rakyat was told. Deputy Agriculture and Food Security Minister Datuk Arthur Joseph Kurup said the losses have significantly impacted the country’s rice supply. “This year’s floods are exceptionally severe. Up to this point, we have lost […]

Sri Lanka leader meets rice millers amid supply shortage risks after floods.

ECONOMYNEXT – Facing a possible supply shortage in rice in the first quarter of 2025, Sri Lanka President Anura Kumara Dissanayake met small and medium-scale rice mill owners to discuss continuous and affordable supply of rice to consumers in the coming months, the President’s Media Division (PMD) said. The meeting comes days after heavy rains […]

Rice shortage due to floods to be addressed with imported-rice price reduction — minister

By Bernama PASIR MAS (Dec 2): The shortage of rice supply after the paddy farming industry was affected by floods, will addressed by reducing the price of imported white rice, effective Sunday. Minister of Agriculture and Food Security Datuk Seri Mohamad Sabu said that the shortage was inevitable as paddy farming has been the most […]

Mema lang: NEDA invites agri group 24 hours before consultation on rice.

A farmers’ group has called out the National Economic and Development Authority (NEDA) for belatedly sending an invitation to a public consultation on Executive Order 62 slashing import tariffs on rice. The Samahang Industriya ng Agrikultura or SINAG, which has been vocal in opposing lower tariffs on imported rice supply, said NEDA sent out an […]

Sri Lanka to Import 70,000 MT of Rice to Address Shortage – Trade Minister

by Staff Writer COLOMBO (News 1st) – Minister of Trade, Commerce, Food Security and Co-operative Development Wasantha Samarasinghe announced that Sri Lanka will import 70,000 metric tonnes of Nadu rice. The decision comes as part of the government’s efforts to address the rice supply gap and ensure affordable access for consumers. Speaking at a media […]

Thai rice prices surge in 2024 as demand outstrips supply

Commerce Ministry reports that export prices have risen by up to 24% in boost for farmers. The Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise. Jasmine rice has seen a significant price increase, with premium varieties fetching 16,000 baht per tonne. […]