The agricultural ministry announced on Friday that the production of food grains in the 2023–24 crop year (July–June) is predicted to decrease by 6% to 309.34 million tonne (MT), from 329 MT in the previous crop […]
Summer rice sowing area decreased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under Summer rice is decreased by 2.7 percent to 3,929 thousand hectares as against 4,037 thousand hectares sowed during the same period last year. Telangana stands […]
Bharat rice to hit market, with price tag of Rs 29/kg.
According to sources, the government has decided to stop price increases by selling grain that has been subsidized through retail outlets as part of the Bharat rice project starting next week. In the coming days, a […]
Indian rice exporters expect to face challenges due to policy risks, high prices in 2024
Indian rice exporters predict a challenging year in 2024, characterized by unclear policies and high local prices, which would impede the country’s efforts to normalize rice exports. S&P Global Commodity Insights states that the market is […]
The stock of rice and wheat in FCI exceeds the buffer norm.
The government-owned Food Corporation of India (FCI) will keep selling rice and wheat on the open market since it possesses more of both grains than is needed in accordance with the buffer rule. However, based on […]
Rabi rice sowing area decreased by 8.0%:
According to Department of Agriculture & Farmers Welfare, the area under Rabi rice is decreased by 8.0 percent to 841 thousand hectares as against 915 thousand hectares sowed during the same period last year. Tamil Nadu […]
The government considers extending the ban on parboiled rice.
India, the leading exporter of parboiled rice, may increase its export tax in order to reduce local prices. There are actually numerous types of rice grown in India, including parboiled rice, which makes up around 30% […]
Kharif rice sowing area increased by 4.4%
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 4.4 percent to 20,988 thousand hectares as against 20,109 thousand hectares sowed during the same period last year. Chhattisgarh stands […]
MEP for Basmati rice will reduce from US$1,200 to US$850 per tonne
After millers and dealers complained about a dramatic decline in overseas sales of the premium aromatic grain, INDIA will lower the floor price for basmati rice exports in the upcoming days, according to individuals familiar with […]
Kharif rice sowing area increased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 2.7 percent to 40,341 thousand hectares as against 39,281 thousand hectares sowed during the same period last year. Uttar Pradesh […]
India exempts some nations from rice curbs for food security.
For the sake of food security, India has allowed certain rice shipments to Mauritius, Bhutan, and Singapore after the South Asian country imposed severe export restrictions to regulate domestic prices. According to a notification from the […]
Indian Rice stock is the lowest in 2023 as compared to the last five years.
The majority of the procurement occurs in the first half of the year, which causes the stock of rice to steadily increase. But because rice is a Kharif crop, which is typically grown in June or […]
India’s Rice Export Ban Sparks Global Concerns and Price Surge, Impacting Millions Worldwide
India, the largest rice exporter in the world, stunned the markets when it prohibited the export of non-basmati white rice. Non-basmati accounts for 25% of the rice exported by India. The decision has shocked the entire […]
Rice exports from India to fall by 25% as high levy rains on shipments
As a result of New Delhi’s restrictions, which compel customers to move to competitor suppliers who are selling the grain at a lower price, India’s rice exports may decline by 25% this year. Late last week, […]