Pakistan’s rice sector aims to boost exports to $10 billion in the next five years, thanks to increased production and favorable market conditions. Rice exports are predicted to reach 4.5 million tonnes, generating $2.5 billion by 2023. The higher production of Basmati rice, particularly the C1121 variety, and lower prices compared to India contribute to this growth. A roadmap projects that exports could reach $5 billion by 2025, while the potential for extra-long grain hybrid varieties in Punjab province further contributes to the export surplus.

Rice prices in East Asia and the Americas continue to rise, while India’s market outlook remains bearish. The global rice prices in November 2023 remained stable compared to the previous month but showed a 21% increase compared to November 2022, according to the United Nations Food and Agriculture Organization (FAO).

Indonesia’s food procurement agency, Bulog, plans to import over 500,000 metric tons of rice in 2023, with the majority coming from Thailand. The import is necessary due to drought affecting rice production, and discussions are ongoing regarding a government-to-government deal with Thailand for 1 million tons.

The rice sector in Pakistan aims to grow its exports to $10 billion in the next five years, driven by higher paddy yield and exportable surplus. The production of 9 million tonnes of rice, including the premium Basmati variety, along with favorable conditions and new markets, has contributed to this growth.

Rice exporters in Pakistan are optimistic, aiming to reach $3 billion in exports this year and $5 billion by 2025. Increased rice production, particularly the use of hybrid seeds, supports this positive outlook. Collaboration with China in developing hybrid seeds for oilseeds, crops, and the cultivation of hybrid rice contributes to the industry’s future growth in Pakistan.

Rice exporters in Pakistan are optimistic about reaching the USD 3 billion milestone in the current financial year. Their goal is to increase this figure to USD 5 billion by the year 2025, thanks to higher production levels achieved through the use of hybrid seeds.

India closely monitors the rice situation in domestic and international markets to increase global rice trade. The ban on broken and non-basmati white rice exports aims to stabilize domestic prices and ensure sufficient availability. Despite an 11.6% decline in agriculture exports, India has signed 13 trade pacts and is negotiating FTAs with various countries. Source: Business Standard

Afghan refugees in Pakistan are experiencing heightened pressure from authorities following the Taliban takeover in 2021. Facing increased hostility and the threat of deportation, these vulnerable refugees are in desperate need of support and solutions to their dire situation.

A stunning image of a sleeping cat hugging a fish has been brought to life in a Thai rice field, combining tradition and creativity. Farmer Tanyapong Jaikham planted sprouting rainbow seedlings to create the artwork, attracting tourists and cat enthusiasts to witness the incredible artistry in their rice fields. This unique combination of art and agriculture promotes both tourism and the agricultural sector while providing educational value.

China-Pakistan agricultural cooperation flourishes as CPEC advances, with advancements in crop cultivation techniques and adoption of Chinese technologies. The collaboration includes the successful implementation of maize-soybean strip intercropping and hybrid wheat demonstrations, leading to increased productivity and sustainable growth in the agricultural sector.