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BULOG will procure long grain white rice more than 5% and 7% Maximum broken from the 2023-2024 crop, milled not later than 6 (six) months.

MANILA, Philippines — Nueva Ecija 1st District Rep. Mikaela Angela Suansing has assured senators that her communication lines would be open to questions on the proposed Rice Tariffication Law (RTL) amendments. She said that the Senate and the House of Representatives can work together to lower rice prices.

Pakistan is grappling with a dilemma. While striving to boost its rice exports to alleviate the country’s current account deficit, it faces the challenge of dwindling water resources needed to sustain the continuously increasing area of the highly water-intensive rice crop.

Curbs on rice, wheat, sugar and onion shipments have taken a toll on India’s farm exports in the fiscal ended, after a record-breaking performance in 2022-23

Sources told FE that the government will assess the sowing of kharif paddy—expected to commence next month—before taking a call on removing curbs on shipments.

In a bid to avert a surge in the price of rice in Brazil, the country plans to buy the product already industrialized and packaged on the international market. 

SANGSAD BHABAN, May 8, 2024 (BSS) - Food Minister Sadhan Chandra Majumder today said there is no possibility of increasing the staple food (Rice) price right now at the open market across the country.

THE national rice inventory declined 10.9% year on year in early April, while corn stocks rose 21.2%, the Philippine Statistics Authority (PSA) said.

Ten-year-old rice kept in warehouses in Surin since the Yingluck Shinawatra administration is still of good quality, according to Commerce Minister Phumtham Wechayachai, who says his ministry will conduct bidding for the rice next week.

Thailand and Vietnam are racing for second place as the world’s top rice exporter this year, as India, although still in first place, could see a significant drop in rice exports year on year due to internal policies, the Thai Rice Exporters Association (TREA) said on Tuesday.

MANILA, Philippines — Two panels of the House of Representatives on Tuesday approved a substitute bill amending Republic Act No. 11203, or the rice tariffication law (RTL), particularly restoring the role of the National Food Authority (NFA) in stabilizing rice prices, a day after President Ferdinand Marcos Jr. certified the measure as urgent.

As India grapples with ongoing food inflation, the government is expected to continue its stringent monitoring and control of wheat and rice inventories, keeping a tight lid on the export of these crucial grains even after the general elections.

THE Department of Agriculture (DA) wants Congress to restore the National Food Authority's (NFA) power to import rice to ensure adequate supplies and stable prices for the staple.

The Asian rice market is on edge as top exporters brace for a possible tender from Indonesia's state purchasing agency, Bulog, in May. The surge in prices comes on the heels of Indian export restrictions, which have significantly tightened global supplies.

Long-stored pledged grain can be sold on African market

Though exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs on request.

PRESIDENT Ferdinand Marcos Jr. vowed Monday, May 6, 2024, to certify as urgent the proposed amendments to Republic Act 11203, or the Rice Tariffication Law (RTL), in a bid to lower rice prices in the country.