Featured News

Days of heavy rain have caused severe flooding in China’s leading grain-producing region in the northeast, killing 14 people and raising concerns about food security as floodwater inundated farmlands.

Rice may again be the cause of higher inflation in the coming months as Philippine Statistics Authority (PSA) data showed that prices returned to levels that were seen prior to the implementation of a law that sought to bring down the price of the staple.

The recent government notification to ban the export of non-basmati white rice is expected to result in better operating performance and aid the credit profile of India’s top basmati rice exporters, says India Ratings and Research (Ind-Ra).

The directorate general of foreign trade banned exports of non-basmati white rice on July 20, in order to curb domestic prices.

A ban on white, non-basmati rice exports by India could bolster prices for American rice farmers, said Alvaro Durand-Morat, associate professor and agricultural economist for the University of Arkansas System Division of Agriculture.

MANILA, Philippines — In an effort to boost the stocks of the National Food Authority (NFA), President Marcos will preside over an inter-agency meeting at Malacañang today to discuss the government-to-government importation of rice, an official of the Department of Agriculture (DA) said.

Indian farmers have planted 23.7 million hectares with summer-sown rice so far, according to the farm ministry's latest data, up 1.71 per cent year-on-year, as crucial monsoon rains revived in July and helped farmers accelerate sowing. Higher rice planting in India, the world's second-biggest producer of grain, will ease concerns about the lower output of the staple. 

A ban on white non-basmati rice exports by India could bolster prices for American rice farmers, said Alvaro Durand-Morat, associate professor and agricultural economist for the University of Arkansas System Division of Agriculture.

While the IMF has raised concerns about the move exacerbating volatility in food prices, experts say the picture on food inflation will be clear only after the monsoon plays out completely.

VOV.VN - Vietnam’s rice export prices have continuously set new records over recent times and exceeded the US$550 per tonne mark following India's official ban placed on rice exports.

Rice prices in Asia jumped to the highest level in more than three years after top shipper India banned a hefty chunk of its exports, raising concerns about supplies of the food staple for people around the world.

India’s Sona Masuri, Ponni varieties commanding Basmati prices as NRIs look for their staple cereal

Basmati exporters are hopeful of steady returns after the UAE-India currency trade agreement. This will likely give a boost to Iran window via Dubai reducing the risk of a payment default. Iran is an important destination of Indian Basmati, remaining among the top five destinations.

Thai rice exporters are concerned about India's announcement that it will ban the export of non-basmati white rice with immediate effect, saying the move could potentially impact Thailand's rice industry, leading to a possible 10% increase in domestic prices.

World rice prices increase daily due to export ban from India. How does the ban cause a shortage of supply in the global market and how much rice does Vietnam have left to export in the second half of this year? Vietnam and Thailand who are the big beneficiaries.

(LDO) - The price of common 5% broken white rice is increasing sharply after India's ban on rice exports, traders are cautiously waiting for the establishment of the rice price level.

A series of climate records on temperature, ocean heat, and Antarctic sea ice have alarmed some scientists who say their speed and timing is "unprecedented".