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MANILA – The Department of Agriculture (DA) on Thursday expressed hopes to hit single-digit inflation on rice prices in the country.

DHAKA, BANGLADESH — Flooding is taking its toll on rice production in Bangladesh, lowering the outlook for harvested area to 11.5 million hectares and milled rice to 36.8 million tonnes in the 2024-25 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

BOTOLOAN, Zambales — After two months of going around the second district of Zambales, a total of 156,443 families have benefitted from the rice subsidy program that offers the staple food at P20 per kilogram.

Agriculture Secretary Francisco Tiu Laurel Jr. said rice imports from the January to June period which were still levied with the 35-percent tariff would run out by mid-October.

Vietnam is set to capitalise on Indonesia's record-high rice import volumes, as the rising demand from the neighbouring country opens up significant export opportunities for local producers.

Staff members do farm work in coal-mining subsidence area in Guqiao Town, Fengtai County of Huainan City, east China's Anhui Province, July 30, 2024.

MANILA, Philippines — The retail price of local rice remains cheaper compared to the imported grains nearly two months after Executive Order 62 took effect, according to latest monitoring of the Department of Agriculture (DA).

The government through the Ministry of Food and Agriculture has placed a ban on the exportation of maize, rice and soya beans to sustain the Ghanaian market.

Sowing of rice and pulses crops has increased in India as monsoon rains have been higher than average so far in the season. 

The government is considering a proposal to reduce the minimum exports duty (MEP) of $950/tonne imposed last year in shipment of basmati rice, as global prices of some varieties of the aromatic rice have already fallen below the floor. The prices have declined amid expectations of good harvest in this kharif season and high carry-over stocks.

Insiders said that rice exports could bring in a record turnover of 5 billion USD this year if the pace of shipment is maintained like at present.

MANILA: Singapore is looking to work with the Philippines to develop rice varieties that are more resistant to droughts and floods, and are also healthier to tackle a diabetes epidemic sweeping across Asia.

While acknowledging the work done by the Indian Agricultural Research Institute (IARI) in the development of HT Basmati rice, the network wants those benefits to be extended to a broader spectrum of rice cultivators

Rice taken under CMR in one season must be handed over before the next season’s harvest. Even after 2021-22 rainy season, millers are have not handed over rice to govt; the reason many cite is an alleged corrupt practice where rice has been sold in collusion with Civil Supply officials

A shopper walks past processed rice products displayed at a discount mart in Seocho District, southern Seoul, on Sunday. [YONHAP]

India’s agri-economy is further boosted by the export of Basmati rice in key European and Middle Eastern markets.

KAKINADA: Civil supplies minister Nadendla Manohar said the state government has seized 26,000 metric tonnes of rice belonging to the public distribution system (PDS) at the Kakinada Port from consignments meant for exports. He spoke to media along with district collector S. Shanmohan and Kakinada MLA Vanamadi Venkateswara Rao after reviewing issues related to export of rice from Kakinada Port with representatives of shipping trade Tuesday.