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Chandigarh: Indian Basmati rice farmers are facing a financial crisis , with a steep drop in paddy prices threatening their livelihoods. 

Some 70.5 million people stand to benefit from Indonesia’s free meal initiative. But first, the programme has to reach the stunted children and pregnant women scattered across more than 17,000 islands in the vast archipelago nation.

Unpredictable weather conditions and rising geopolitical tensions have introduced significant uncertainties into global agricultural markets, affecting the prices of essential staples such as wheat, rice, and sugar.

Russia and Pakistan Barter Lentils for Rice Amid Payment Struggles | Vantage with Palki Sharma Russia and Pakistan have signed a barter deal to trade chickpeas, lentils, rice, and tangerines as cross-border payments become difficult due to Western sanctions on Russia.

Rice stocks have been rising because of the lukewarm response to open market sale scheme (OMSS) of rice to bulk buyers at subsidised rate in the last couple of years.

This week’s port strike across the US east and Gulf coasts came to an end on Thursday after dockworkers struck a tentative deal with port operators.

Islamabad, Pakistan – The global prices for different varieties of rice dropped on Monday after India and Pakistan made tit-for-tat moves to eliminate price caps and resume rice exports.

The Department of Agriculture (DA) said the lifting of India’s rice export ban could help stabilize the global supply of the staple and reduce prices here and abroad.

India on Saturday allowed exports of non-basmati white rice. That came a day after New Delhi cut export duty on parboiled rice to 10 percent, buoyed by a new crop in the offing and higher inventories in state warehouses.

MUMBAI, Sept 28 (Reuters) - India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state granaries.

THIS past Wednesday, the Senate approved the bicameral conference committee report on the bill to amend the existing Republic Act (RA) 11203, or the Rice Tariffication Law.

Breaking news: Indian non-basmati white rice ban officially lifted with MEP applied

Minimum export price for rice last set in November to be removed “effective immediately,” commerce ministry says

In addition to parboiled rice, the government has also slashed the export duty on husked (brown) rice and rice in husk (paddy or rough) to 10%.

Indian parboiled rice duty down to 10%

THE bill amending the existing Rice Tariffication Law (Republic Act 11203) is now awaiting the signature of President Ferdinand Marcos Jr.

Thai rice export prices fell to a more-than-one-year low this week pressured by quiet demand and competition from cheaper rivals, while India prices edged higher on a stronger rupee, despite sluggish demand from Asian and African buyers.