Currency drops to 13-month low of 166.98 to a dollar in inter-bank market

Thailand exported 2.59 million tonnes of rice between January and July this year, down 22% from the same time last year.

The Thai Rice Exporters Association expects the weakening baht to help Thailand meet its target of exporting 6 million tons of rice this year, though it only shipped 2.59 million tons in the first seven months.

The year 2020-21 has seen India’s economy suffer terribly, with its largest ever contraction in GDP of 7.3 percent. However, it has grown by 20.1 percent during the April-June quarter

PATNA: Bihar CM Nitish Kumar on Wednesday reviewed his government’s preparations for paddy procurement during the forthcoming Kharif marketing season 2021-22, through videoconferencing from ‘Sankalp’ hall of the CM residence.

Global cereal production in 2021 is forecast to reach 2 788 million tonnes, up by 0.7 percent from the year before but below July’s expectations, according to FAO’s new Cereal Supply and Demand Brief, also released today.

COLOMBO: Sri Lanka’s government has started seizing stocks of sugar and rice from warehouses and will release them on the open market at regulated prices from Thursday as part of

Export prices of Thai hom mali rice are now quoted at $700 per tonne, down from $800-900 per tonne at the beginning of this year.

Asian wheat buyers are struggling to secure supplies as farmers in top exporting nations hold back sales following production cuts that have pushed global prices to multi-year highs, millers and traders said.

Arrival of paddy in the mandis of the northern districts of Haryana has begun with harvesting of the early varieties has started.