Strong demand from Indonesia has driven up the prices of rice exported from Thailand, while Indian rates remain low due to subdued demand. Vietnam has seen stable prices, but faces challenges with shrinking supplies and saltwater intrusion. Bangladesh is experiencing elevated prices despite good yields and record reserves.
Published on: 12/04/2024Category:
China praised for advancing Hybrid Rice cultivation in Pakistan
China’s expertise in hybrid rice cultivation is revolutionizing Pakistan’s agriculture, enhancing local production capabilities, reducing reliance on imports, and paving the way for export opportunities. This strategic collaboration aims to ensure food security, economic stability, and export growth, emphasizing the crucial role of advanced agricultural technologies.
Published on: 12/04/2024Category:
KSrelief distributes more than 17,000 bags of rice to Somalia
The King Salman Humanitarian Aid and Relief Center (KSrelief) distributed 17,120 bags of rice to needy families in Somalia, benefiting over 110,920 people. This initiative is part of their ongoing efforts to alleviate hunger and ensure food security in various countries, including Somalia.
Published on: 12/04/2024Category:
Ksrelief distributes more than 17,000 rice bags to Somalia
The King Salman Humanitarian Aid and Relief Center (KSrelief) has provided much-needed assistance to Somali families by distributing 17,120 bags of rice, benefiting a total of 110,920 people. This initiative is part of a project aiming to distribute Zakat Al-Fitr to alleviate food insecurity in the country. KSrelief continues to extend its relief efforts globally, demonstrating its commitment to making a positive impact on people’s lives.
Published on: 12/04/2024Category:
Corn export sales hit lowest level of the marketing year
Corn export sales in the US reached a marketing year low due to cancelations by unknown destinations. Competition from Brazil and Ukraine, particularly in trade with China, has also affected sales. However, other agricultural products like soybeans, wheat, soybean oil, and pork have shown improvements compared to the previous week.
Published on: 12/04/2024Category:
Rice Imports Reach 1.18 Million MT: Latest Update on Rice Importation
The Philippines has imported 1.18 million metric tons (MT) of rice as of April 4, with Vietnam being the top supplier accounting for 62.4% of imports. The US Department of Agriculture predicts an increase in rice imports for the country.
Published on: 11/04/2024Category:
Firm Indonesian Demand Supports Thai Rice Prices in Asia
The price of rice exported from Thailand increases as demand from Indonesia strengthens, while Indian rice prices remain low due to muted demand. Vietnam sees stable rice prices despite challenges in production, and Bangladesh allows rice imports to control elevated prices and maintain an adequate supply. (Source: BRecorder)
Published on: 11/04/2024Category:
What voters should know about the performance of the Modi government on food prices
Food prices in India, particularly for essential vegetables like tomatoes and onions, have a significant impact on elections. Rising prices have influenced voter choices in the past, making it a crucial challenge for the government to address inflation. Measures such as export bans and subsidizing tomato prices have been implemented to control food prices. The Reserve Bank of India is closely monitoring inflation, aiming to bring it down to the mandated target. Source: [link](https://www.tradingview.com)
Published on: 11/04/2024Category:
armti urges farmers to tap into $13.08 billion global Basmati Rice market
Discover the immense potential of basmati rice cultivation in Nigeria. With its ideal climate and farming practices, Nigeria can tap into the lucrative $13.08 billion global market and contribute to economic growth while achieving food security. Don’t miss out on this incredible opportunity.
Published on: 11/04/2024Category:
vietnam sees 42% increase in Q1 rice export value
In Q1 2024, Vietnam’s rice export experienced a remarkable 42% surge, reaching over 2.1 million tons valued at $1.4 billion. The Philippines was the top importer, with Vietnam aiming to increase competitiveness by diversifying markets and improving product quality. The price of Vietnamese rice remains lower than that of Thailand and Pakistan, but traders anticipate a potential increase as the winter-spring harvest concludes.
Published on: 11/04/2024Category: