Rice Market Update: Conditions Support Firm Pricing
The global rice market has been surprisingly consistent since the turn of the year. As it relates to the US, the supply-driven market could be upgraded from sideways to bullish, as long as we are looking at it with cautious optimism.
Published on: 07/03/2022Category:
Paddy procurement emerges bone of political contention
The state government expects a harvest of 70 lakh metric tonnes of paddy in the ongoing season despite the ‘no paddy in rabi’ policy it had announced in November.
Published on: 05/03/2022Category:
Farm exports rise 23% in April-January
India’s exports of agricultural items and processed foods rose 23% year on year to $19,709 million during April-January 2021-22, indicating continued robustness of the segment in the country’s exports basket.
Published on: 05/03/2022Category:
Vietnamese rice, spices, fruit gain firm foothold in int’l markets
Rice is packed at Lộc Trời Group’s plant in An Giang Province. Rice exports this year are likely to maintain a good rank, as the local rice industry is increasingly improving in quality.
Published on: 04/03/2022Category:
Two Basmati rice varieties help boost exports, farmers’ income
Pritam Singh, who farms on 110 acres, including some land taken on lease, at Urlana Khurd village of Haryana’s Panipat district, has just sold his harvest of Basmati rice varieties — PB 1121 and PB 1509 — at the local mandi at Rs 3,800 and Rs 3,500 a quintal, respectively.
Published on: 03/03/2022Category:
Smuggled from India, polished in Bangladesh: why this cheap rice variety is causing a stir in Dhaka
A strange Indian angle has emerged in a variety of rice sold in premium stores across Bangladesh, counted among one of the world’s top rice-producing nations.
Published on: 03/03/2022Category:
Fertilizer subsidies, LGU rice procurement readied to cushion inflation impact of Ukraine crisis
THE Department of Agriculture (DA) said it is preparing for any inflation fallout from the invasion of Ukraine by allocating more funds to fertilizer subsidies, while arranging for more financing to provincial local government units (LGUs) seeking to procure and stock up on rice.
Published on: 03/03/2022Category:
Rice Price to Stabilize on Adequate Supply and Low-Cost Shipments from India
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
Published on: 02/03/2022Category:
Rice pulling’ fraud leads to murder, former MLA’s son arrested
Srikanth Chandrashekar, the former MLA’s son, is accused of murdering Saleem, a native of Kollegal, and dumping his body in Pandithahalli in Malavalli taluk of Mandya district. Saleem’s body was discovered by Shivanna M, the complainant in the case, on Feb 9.
Published on: 02/03/2022Category: