Philippines – Philippines eyes exporting rice by 2014
Source: Business Inquirer16/12/2011 – From being the top rice importer to rice exporter in a span of four years.
Vietnam – Vietnam 2012 rice output seen steady -Ag Min
Source: Reuters16/12/2011 – Vietnam’s rice output in 2012 is expected to remain steady at this year’s record levels of around 42 million tonnes of unhusked grain, a government minister said on Friday, which could help ensure supply in Asia and soften food prices.
Bayer’s $750 million modified-rice settlement now binding
Source: Bloomberg Businessweek15/12/2011 – A Bayer AG unit said a $750 million settlement with U.S. rice farmers who sued after their crops became tainted by a genetically modified strain is binding now that the requisite number of growers has accepted the deal.
Philippines – Record wheat, corn, rice production
Source: Malaya16/12/2011 – At a projected 208.5 million tons, global wheat stocks this year would be the largest in 12 years.