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The government has allowed grain deficient states to buy rice directly under the open market sale (OMSS) of the Food Corporation of India (FCI) without participating in the electronic-auction (e-auction) from August 1.

The Federal Government on Monday said it had created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000.

Vietnam continued to be the top source of rice in Singapore, with 73.4 million SGD (over 54.6 million USD) worth of rice shipment to the nation during January-June, a year-on-year surge of 54.67%.

Levy of tax recommended as rice ‘is not an ‘agricultural farm produce’

Continuous heavy rains in Cagayan, Pangasinan, and Batangas have led to severe flooding, submerging newly planted rice, and leaving farmers to deal with significant losses. 

HCM CITY: Farmers in the Cuu Long (Mekong) Delta are having difficulty harvesting their early summer-autumn rice and protect young rice plants since heavy rains have inundated many fields.

MANILA, Philippines — The Department of Agriculture is working to achieve the P20-per-kilo rice campaign promise of President Marcos amid the high retail price of the staple, Agriculture Secretary Francisco Tiu Laurel Jr. said on Monday.

India is likely to cut the floor price for basmati rice exports and replace the 20 per cent export tax on parboiled rice with a fixed duty on overseas shipments, government sources said, as rice inventories in the country jumped to a record high.

DAVAO CITY (MindaNews / 22 July) – President Ferdinand Marcos Jr. assured that his administration will prioritize locally-produced rice despite the government’s importation of the staple crop to lower prices and meet the growing demand.

Apolitical analyst is urging President Ferdinand Marcos Jr. to just admit that his promise to lower prices of rice to P20 a kilo is not doable because production costs are too high. 

Retail prices of rice in public markets are expected to decline by up to P7 a kilo in early August after the government cut the duties on imported rice, according to the Department of Agriculture (DA).

Jakarta (ANTARA) - The National Food Agency (Bapanas) stated that the government completed 2.2 million tons of rice imports between January and May 2024 and plans to import another 2.1 million tons from June to December this year.

The National Food Authority (NFA) assured farmers that the government would put in place reforms that would make it easier for them to sell their crop to the agency. 

Despite the arrival of Boro season rice in the market and ongoing government collection efforts and availability of Aman season rice, the price of rice has surged by Tk 2 to Tk 400 per 50 kg bag in Chattogram’s wholesale market during the peak season. 

THERE are huge concerns that macroeconomic fundamentals are revealing that Nigeria’s inflation figures for July will be much higher than what was reported in June.

THE Philippine National Police (PNP) is seeking the understanding and cooperation of its uniformed personnel as it makes adjustments for the implementation of the rice subsidy program.

Mr. Francisco Tiu Laurel, Jr. - Minister of Agriculture of the Philippines, said: In the immediate future, the Philippines wants to import fertilizer from Vietnam and gradually cooperate in fertilizer production to serve the needs of the country's agricultural industry.