WHILE declining global rice quotations could offer relief for Filipino consumers, the government would be hard-pressed to boost support for local farmers, according to an economist.
KIDAPAWAN CITY — Rice from the recent harvest in neighboring rice-producing provinces is now flooding the mega market in this city, bringing prices down to the delight of consumers.
Japan's convenience stores are responding to the rapid increase in rice prices by using different techniques to extend the shelf life of their products.
The Lagos State Government has opened up on the challenges it is facing in mass-producing rice from its rice mill and selling them to residents of the State.
Mumbai: There was uproar in the legislative council on Wednesday afternoon over alleged irregularities and black marketing in the rice trade in Maharashtra.
The Department of Agriculture (DA) is seeking up to $500 million from Japan International Cooperation Agency (JICA) to facilitate its project to reduce post-harvest losses and bolster rice production.
PETALING JAYA: Some rice millers have allegedly been hoarding local white rice to enforce new payment terms, according to Mydin’s managing director, Ameer Ali Mydin.
Thailand is in talks with some countries, including India, to reduce competition, hoping to create a balance in rice prices in the global market and help farmers have stable income.
The government on Monday began soliciting bids for 150,000 tons of stockpiled rice reserved for emergency use, which is being released to rein in soaring prices.
Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease.
The Department of Agriculture declared a food security emergency last month after the National Price Coordinating Council issued a resolution urging such a critical move.
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