THE Department of Agriculture (DA) said rice traders must now observe a 30-day deadline to bring in their rice imports, counting from the date of the issuance of the Sanitary and Phytosanitary Import Clearance (SPSIC).
SINGAPORE : Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Nino weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.
Prices of rice exported from Thailand and Vietnam extended gains this week to their highest level in three months on strong demand, while India rates held steady near a one-month peak amid rising supplies.
With the World Trade Organization (WTO) Committee on Agriculture (CoA) meeting beginning Monday, India may need to provide world leaders clarification on WTO-compatibility of the five-year extension of the PM Garib Kalyan Ann Yojna (PMGKAY) free foodgrains scheme and the reasons behind the ban on non-basmati rice exports, according to a report by The Hindu Businessline.
The Department of Agriculture (DA) must “blacklist” rice importers who are not using their approved sanitary and phytosanitary import clearances (SPSICs), the Samahang Industriya ng Agrikultura (Sinag) said over the weekend.