Rice prices are unlikely to decline from the current level in marketing year (MY) 2024-25, beginning from May, the US Department of Agriculture (USDA) said in its latest report on Bangladesh.
JAKARTA (Vietnam News/ANN): Indonesia’s State Logistics Agency (Bulog) has purchased 120,000 tonnes of unhusked rice (GKP) from farmers through domestic rice procurement, the agency announced.
The government is seeking to increase rice exports to the Philippines now that the Southeastern Asian nation is expected to import more rice than previously forecast this year.
MANILA, Philippines — Improving harvests despite dry conditions brought by El Niño might mean that the full-year inflow of imported milled rice will not increase in 2024, according to the latest estimates of the US Department of Agriculture (USDA).
Rice is Pakistan’s only major cash crop that does not have a minimum support price (MSP) for growers or an energy subsidy for rice exporters. India, however, has a strong MSP mechanism. The Indian government purchases
Rice exporters expect global prices will increase in the second quarter because of the impact of the El Niño climate phenomenon and India's rice export restrictions.
THE country’s total rice inventory declined in March 2024 due to double-digit stock declines among households and in National Food Authority (NFA) warehouses, according to the Philippine Statistics Authority (PSA).
VOV.VN - Vietnam exported more than 2.1 million tonnes of rice worth nearly US$1.4 billion during the first quarter of the year, representing an increase of about 42% against the same period from last year, according to the Ministry of Agriculture and Rural Development (MARD).
Perusahaan Umum (Perum) BULOG, a state-owned enterprise as a part of the Indonesian Government, plans to procure 300,000 MT of White Rice 5% broken from the 2023-2024 crop year, milled not later than 6 (six) months.
Indonesia has imported 650,000 metric tons of rice and signed import contracts for another 350,000 tons for 2024, the head of State Food Procurement agency told reporters on Tuesday.
Phumtham said on Monday that he had instructed trade representatives at Thai embassies recently to look for export opportunities, and the envoy in Rome had responded by saying that Italy required more rice due to drought.
State Minister for Commerce Ahsanul Islam Titu said yesterday that the government will fix rice prices based on variety and seasonal production costs to combat price manipulation in domestic markets starting this Baishakh, the first month of the Bangla calendar.
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