Rice

Thailand Main Rice Crop Up By 7%.

Myanmar govt to plant 10,000 acres of paddy in Maungdaw.

Haryana procures more than 5.5 MMT paddy in 2017/18 season.

Andhra Pradesh plan to export paddy to Sri Lanka.

Prices of rice dip in Asia as demand eases for India variety, Vietnam harvests peak.

Nigeria Federal Govt targets 17 million rice farmers this year.

Thailand’s rice output in 2018-19 (Jan-Dec) is likely to touch a record high of 21.0 mln tn, and up 3% from a year ago. The rise has been attributed to higher acreage following lucrative prices and sufficient reservoir volumes to support irrigation. Rice acreage for the current season is estimated at 11.0 mln ha against 10.7 mln a year ago. Despite a rise in output, exports in 2018-19 are seen unchanged on year at 10 mln tn.

The National Food Authority (NFA) Council has approved the procurement process to import 250,000 metric tons of rice. The move by the policy-setting council is envisioned to boost the NFA’s buffer stock.

The Thai government plans to boost rice exports by negotiating sales directly with other governments in a move intended to help struggling farmers ahead of a general election to be held by February next year. Indonesia and Malaysia import around 800,000 tons of Thai rice per year, while the Philippines imports 1 million tons. The Philippine government is due to hold a tender in March for the purchase of 250,000 tons of rice from the private sector, for which Thai companies are expected to bid.

Indonesian state food procurement agency Bulog bought about 50,000 tonnes rice in an international tender. The rice in the purchase is expected to be sourced from Pakistan. The purchase included 12,500 tonnes of white rice of 5 percent broken grade all bought at $460 a tonne c&f. Another 37,500 tonnes of white rice of 15 percent broken grade was all purchased at $450 a tonne c&f. Latest shipment period is May 31 and all the rice will be shipped in containers.

Rice and corn production in Thailand is expected to increase in 2018-19 due to attractive prices and available water to support irrigation. The country’s rice production is expected to reach a record 21 million tonnes, up 3% from the 2017-18 marketing year. In February, the farm-gate price for white and fragrant paddy rice were up 5% and 53%, respectively, from the previous year.

Pakistan is all set to export the first ever consignment of 100 tons heat-tolerant rice seeds to the Philippines next month. The first ever consignment of 100 tons high-yielding hybrid rice seed is expected to be exported to the Philippines in April, which will be sufficient to cultivate about 15,000 acres of land. The success of Pakistani scientists in developing prime rice seed varieties was a result of partnership with Chinese researchers, led by Yuan Longping, in 2004 after development of hybrid seed breeding technique across the coastal belt of Sindh

India basmati rice exports to grow strong in FY2018.

Indonesia’s Bulog extends timeframe for importing 500,000 tonne of rice.

Pakistan to export 100 tons hybrid rice seeds for first time in April.

Thailand to export 9.5 million tons of rice this year.

Madhya Pradesh loses GI tag claim for Basmati; India may ask Pakistan to check farming.

China dominating in rice could offer export opportunities.