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Global rice production forecast for 2024/25 raised to record high

Global rice production for the 2024/25 season has been revised upwards by 3.1 million tonnes to a record 535.8 million tonnes (milled basis), nearly 3% higher than last year. According to the Rice Outlook: April 2025 report by the United States Department of Agriculture (USDA), global ending stocks for 2024/25 have been increased by 1.7 […]

Asia rice: High supply, weak rupee push India rates to near 2-year low.

Source: Business Recorder. India’s rice export prices slid to a near two-year low this week, pressured by a weak rupee and rising supplies amid subdued demand, while export markets in other key Asian hubs remained quiet. India’s 5% broken parboiled variety was quoted at $382-$389 per ton, down from the last week’s $384-$391. Indian 5% […]

ASIA RICE-High supply, weak rupee push India rates to near 2-year low

ASIA-RICE/ (REPEAT, PIX):RPT-ASIA RICE-High supply, weak rupee push India rates to near 2-year low. Reuters By Sherin Elizabeth Varghese May 22 (Reuters) – India’s rice export prices slid to a near two-year low this week, pressured by a weak rupee and rising supplies amid subdued demand, while export markets in other key Asian hubs remained […]

Rice market is global rollercoaster

Global market prospects for U.S. long-grain rice for the upcoming marketing year. Alvaro Durand-Morat, Associate Professor The global rice market in the last two years has been a rollercoaster driven mostly by India’s export restrictions and, since October of last year, by its massive rice crop. India’s production performance has been remarkable, breaking a new […]

Govt reduces rice export licence fees

Small-scale farmers to benefit from cuts The government has relaxed export restrictions to allow small-scale farmers to sell rice to world markets as it seeks to end a monopoly in the sector. The move was announced by government spokesman Jirayu Houngsub, who on Sunday spelt out the government’s achievements after completing three months in office. […]

Thai government opens rice export opportunities for small farmers.

The government, led by Prime Minister Paetongtarn Shinawatra, has lifted restrictions on Thai rice exports, allowing small-scale farmers to export rice to global markets. Government spokesperson Jirayu Houngsub explained the administration’s achievements on the occasion of its three-month milestone, highlighting efforts to dismantle monopolies on Sunday. “All forms of monopoly increase costs for the people, […]

Rice event set to generate over B2bn in export orders

NEWSPAPER SECTION: Business WRITER: Phusadee Arunmas The Commerce Ministry is gearing up to host the Thailand Rice Convention during the last week of this month, aiming to promote Thai rice exports and exceed 2 billion baht in orders. Commerce Minister Pichai Naripthaphan directed the Department of Foreign Trade (DFT) to execute marketing initiatives, increase rice […]

Indonesian farmers help drive down global rice prices: minister

Jakarta (ANTARA) – Agriculture Minister Andi Amran Sulaiman stated that Indonesian farmers play a crucial role in lowering global rice prices by boosting national production without relying on imports, thereby helping keep global supply stable and prices affordable. Sulaiman noted that the international price of rice has recently dropped to around US$390 per ton, down […]

Thailand Rice Convention 2025 set to boost Thai rice exports

The Thailand Rice Convention (TRC) 2025 will take place from May 25–27 as part of efforts to promote the Thai rice market and drive exports. Organised by the Department of Foreign Trade (DFT), the global rice summit will bring together key rice buyers and importers from various countries, including new importers from regions such as […]

Price of imported white rice reduced from today

PETALING JAYA: The price of imported white rice (BPI) nationwide will be set to RM2,600 per tonne from today. Agriculture and Food Security Minister Datuk Seri Mohamad Sabu (pic) said the price reduction followed a meeting with Padiberas Nasional Bhd (Bernas), considering global market updates and the nation’s food supply chain. “This is the second […]