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EnglishSource: Financial Times13/06/2010 – As Saudi Arabian investors accelerate efforts to farm land overseas, a group of leading businessmen said on Saturday that they were launching an agricultural company to grow rice under contract with growers in Asia. The Far East Agricultural Investment Co, an SR100m ($26.6m) investment vehicle, has already arranged leases in Cambodia,…
Source: Business World13/06/2010 – The Ginintuan Masaganang Ani (GMA) Rice Program is seeking at least P500 million to fund assistance to hybrid rice farmers next year, 43% more than the current allocation of P350 million. “We are looking at at least P500 million [in] assistance to farmers planting hybrid rice for 2011. Allocation this year…
Source: PhilStar.com13/06/2010 – Hybrid rice varieties would be a big help in the Philippines’ effort to attain food security, SL Agritech Corp. chairman and chief executive officer Henry Lim said. He said the area planted to hybrid rice varieties in the country may expand to over 800,000 hectares over the next five years. This is…
Source: Kaieteur News Online11/06/2010 – Rice millers and exporters were yesterday again given another opportunity to tap into a lucrative, multi-million dollar deal with Venezuela. A high-level delegation of the factory owners and other stakeholders yesterday met with Minister of Agriculture, Robert Persaud, to discuss mechanisms to meet the quotas being demanded by Venezuela. Already,…
Source: The Nation11/06/2010 – Charoen Pokphand Group’s Crop Integration Business has introduced a hybrid rice seed to ensure farmers are able to grow rice more efficiently, with yields reaching a maximum of 1,600 kg per rai, the highest ever. “When farmers buy rice seeds, they have four criteria in mind: ability to grow three crops…
Source: Bloomberg10/06/2010 – Malaysia plans to build up a rice stockpile to bolster the nation’s food security, seeking to maintain 45 days of consumption so the foodstuff remains affordable for all. “Food security will be strategically addressed,” the government said today in the 10th Malaysia Plan, a report from the prime minister’s office that sets…
Source: AFP10/06/2010 – Researchers at a Swiss university said Thursday that they have uncovered a microscopic fungus that is able to increase the speed of rice growth by five times. In a study published by Switzerland’s University of Lausanne, researchers claimed that the fungus mycorrhiza would not only cut the use of phosphate fertilizers, it…
Source: Gorilla’s Guides10/06/2010 – Iraqi farmers can no longer grow rice in their fields as water levels from the Tigris and Euphrates rivers have become dangerously low, a senior agriculture official said. “We have ordered the farmers to stop growing rice across the province for this year’s summer season,” said Nasser Manatti, head of the…
Source: Vietnam Business News10/06/2010 – Vietnam Food Association (VFA) predicts the country’s rice shipment in the third quarter this year will face more difficulties than last year, with the demand for lower-grade rice for export falling remarkably. Huynh Minh Hue, the association’s general secretary, reported to the Ministry of Industry and Trade at a meeting…
Source: The Times of India 09/06/2010 – The Central Rainfed Rice Research Station (CRURRS), Hazaribag, has developed a drought-proof rice and urged the farmers to use the newly-developed “Sahbhagi dhan”, which requires minimum rainfall but gives good yield, said Mukund Variar, principal scientist and officer in-charge of CRURRS here on Tuesday. He said even this…