India – Rice basmati ends higher on stockists buying
Rice basmati prices ended higher at the wholesale grains market today on increased buying by stockists against restricted arrivals from producing belts.
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Rice basmati prices ended higher at the wholesale grains market today on increased buying by stockists against restricted arrivals from producing belts.
The new rice variety, a cross between low-yield African rice and high-yield Asian rice varieties, matures quickly, is more pest- resistant than many varieties, does not require intensive irrigation or fertilizers, and is high in protein.
A State-owned company in the southernmost province of Ca Mau will purchase 100,000 tonnes of rice from farmers at market or above-market rates this year, in a bid to help them earn more income and counter market manipulation.
South Korea has no choice but to scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of tariffs, a senior government official said on Friday.
Thai rice prices were unchanged at high levels due to tight supply as the military was still in the midst of a nationwide rice stocks inspection, traders said on Wednesday.
California’s evolving cap-and-trade market may soon have a new player: rice farmers.
As Indian consumption rises, the cereal available for exports may shrink.
With water becoming an important cost, and with climate change and soil degradation, the System of Rice Intensification offers disadvantaged farming households better opportunities.
The Philippines’s rice output grew by 2.7 million metric tons (MMT) from 2010 to 2013, the Department of Agriculture (DA) said on Friday
Roehlano Briones, an economist at the Philippine Institute of Development Studies, said the surging prices are a result of increased local production to meet the country’s rice supply requirements.