Bangladesh – Rice price goes up in Kushtia
Source: Dhaka Tribune04/07/2013 – An alleged hoarding of paddy and rice by a syndicate has pushed the price of rice up in markets across the district.
Philippines – Rice self-sufficiency now at 98%, according to new DA formula
Source: Inquirer News04/07/2013 – How close are we, really, to self-reliance in rice production – 92 percent, 94 percent, 95 percent?
Thailand – Thailand’s rice policy gets sticky
Source: East Asia Forum13/06/2012 – With Europe threatening to push the global economy into yet another recession, one would think this would be a time for economies to batten down the hatches, build fiscal and foreign exchange buffers, and brace for the coming storm.
A Korean rice liquor is far and away the world’s best-selling booze
Source: Business Insider13/06/2012 – Trade publication Drinks International just released its annual list of the world’s best-selling liquor brands and surprisingly, a local Korean brand of distilled rice liquor, called soju, topped the list, beating out major global players like Smirnoff and Bacardi.
USA – Farm bill threatening livelihood of La. rice farmers
Source: The Advocate14/06/2012 – Adam Habetz and south Louisiana’s more than 1,000 other rice farmers worry that their federal support funds and many of their rice farms will soon be gone.
Philippines – PH rice inventory dropped 21% in May
Source: Manila Standard Today13/06/2012 – The country’s rice inventory dropped 21.3 percent to 2.67 million metric tons as of May 1 from 3.4 million MT year-on-year, the Bureau of Agricultural Statistics said Tuesday. The inventory is good for 79 days.
Thailand – State urged to sell rice now
Source: Bangkok Post12/06/2012 – Exporters have called on the government to start selling rice from its stockpile as local supply tightens.
Guyana – No license for Mahaicony Rice Mills until all farmers paid – Ramsammy
Source: Kaieteur News11/06/2012 – The Mahaicony Rice Mills (MRL) which is the country’s largest rice milling company that controls an estimated 40 per cent of purchases countrywide, is facing the non-renewal of its operating licence unless all farmers are paid fully, Minister of Agriculture Dr. Leslie Ramsammy warned yesterday.
India – Rice seen tumbling on ample stocks
Source: The Hindu Business Line04/07/2013 – The rice market may continue to witness a downtrend in the coming days, said market sources.
Pakistan – Rice business fails to pick momentum
Source: The News07/06/2012 – Despite the depreciation of the Pakistani rupee, the rice business has still not picked up, because of a simultaneous depreciation in the Indian rupee. An increase in the domestic cost of production, with increasing prices of seed, fuel, fertilizer, insecticides and pesticides and farm wages has further compounded the woes of…