India-based rice business LT Foods, known for its Daawat brand, has acquired a 51% controlling stake in US peer Golden Star Trading for an undisclosed sum.

Riceland Foods is one of the world’s largest processors of grain and rice. They expect prices to rise higher for their products while Russia and Ukraine are at war.

As California entered a second year of drought last spring, the slash in water allocation didn’t catch Rachel Krach and Greg Massa, owners of Massa Organics, by surprise. The real shocker came when they went to plant their Sacramento Valley rice fields: an unprecedented, three-week delay in their expected supply.

Overall, the prices of staple cereals and non-cereal food commodities experienced negligible to slight fluctuations in January 2022 when compared to the previous month’s prices.

The Thai Rice Exporters Association said recently that the Russia-Ukraine war has not shaken rice exports yet, though rising oil prices may affect the situation in the long run.

Concerns have been raised about potential supply chain disruptions as a result of the war or sanctions levied against Moscow and Russian entities.

An indispensable dish found at every festive event of the Lu ethnic minority people in the northern province of Lai Chau is five-colour sticky rice. The recipe has been preserved by the Lu people through generations and has become a part of their unique cultural identity.

The NC Rice Festival drew a large crowd on Saturday, as people gathered to appreciate the history of Brunswick County’s connection to rice harvesting, and Gullah Geechee heritage.

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.

The three-day Rice and Grains Festival concluded on Sunday received an overwhelming response. A large number of citizens from the Panvel area visited and bought grains. According to the tehsil office, the farmers made a good business during the festival.