“Explore how Pakistan’s interim government sets impressive farming targets for FY 2023-24, paving the way for expected growth in wheat, cotton, and rice production. These expectations are a relief for local farmers reeling from 2022’s floods and could spell success for Pakistani rice exporters in the global market.”

Explore the dynamics of the global rice market as Indian Parboiled rice prices fall due to export duty uncertainties, while Thai and Vietnamese rice see gains due to domestic factors and increased demand. Stay tuned for expected shifts in global rice pricing.

Explore the potential impact of a prolonged El Niño-induced drought on global rice production, with a particular focus on domestic supply chains in Thailand. This analysis discusses measures to mitigate supply disruptions, preserve commodity balance, and maintain stable export markets amid rising global demand.

Drought fears spurred by the El Niño weather phenomenon could impact rice production and lead to domestic scarcity, according to Thailand’s Commerce Minister, Phumtham Wechayachai. The minister urges a balance between export management and domestic stock maintenance, despite increasing global demand.

Vietnam sets a new record in rice export revenue in 2023’s first three quarters, earning USD 3.66 billion from 6.61 million tonnes, thanks to a 40.4% value increase and higher rice prices, according to the Ministry of Agriculture and Rural Development. A promising trend despite potential import slowdowns.

Analyzing economic patterns reveals high interest rates indicating growth in credit-deprived economies. Amid record-breaking GDP growth and goods exports, the economy faced a downturn when rates rose. The rice industry was significantly affected, with record negative credit growth amidst increasing borrowing rates. Flood damage and debt retirement contributed to the decreased export performance. The industry now enters a challenging period with high-interest rates, commodity prices, and potential inventory losses. Can the rice industry achieve record exports under these conditions? Discover more in our in-depth exploration.

Explore the thriving rice industry in Pakistan, where an increase in the harvest of white broken rice is growing global interest and leading to a significant drop in Pakistan rice prices. The boom in the harvest season is creating new opportunities for rice exporters and suppliers in Pakistan, ensuring they are equipped to meet global market demands. With major players in the Pakistan rice supply chain such as the rice exporters, suppliers, and mills influencing business operations, the promising prospect of decreased rice prices is expected to boost sales and expand the Pakistan rice trade.

Experience a 37.4% surge in Pakistan’s agro-food exports driven by leading rice exporters. Home to a vast array of rice mills, Pakistan is a major player in the global rice market, offering diverse rice varieties from white broken rice to Basmati. It’s not just quality rice; it’s consistent supply by dedicated rice suppliers scattered in regions like Karachi that contribute to this rise. Despite challenges, these rice companies are solidifying their global market hold while also greatly affecting Pakistan’s economy status. The future of the rice business in Pakistan predicts it being a key leader in rice exports globally.

With the unearthing of an alleged paddy procurement scam in four rice mills and the seizure of 1,424 bags of rice reportedly brought from Bihar in a rice mill in

MUMBAI/KHANH/ HANOI/BANGKOK: Thailand rice export prices slipped to a more than two-month low this week due to a weaker baht and softer demand, while rates in Vietnam held steady near