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The Supreme Court requested responses on a plea by Rika Global Impex Ltd. challenging bans on exporting non-basmati white rice.

ALTHOUGH thousands of metric tons of imported rice at lower tariffs have already arrived in the Philippines, consumers still don’t feel a “drop in market prices”.

Basmati rice usually fetches higher returns, requires less water, and being a short duration variety of rice, it can be sown late — these factors attract farmers in Punjab and neighbouring Haryana to sow the premium rice variety

Despite this growth concerns remain of oversupply in the global market if India lifts its ban on the export of white rice

Thailand expects to export 8.2 million tonnes of rice this year, up from a previous forecast of 7.5 million, helped by demand from major markets and a weakening baht, according to the Commerce Ministry.

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.