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Special Report: Tracing Basmati's Export Journey In 2009

image By news desk January 21,2010
After a lot of mud slinging over Basmati patent rights and with no consensus on Indopak Joint Basmati registration, the year 2009 has been an exciting journey for Indian Basmati manufacturers, traders and exports overall. The year started with Indian ...
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World News

By Rice industry trade agri news on February 08,2010

Venezuela Hikes Budget For Food Reserve


imageThe President of the Republic of Venezuela, Hugo Chavez, has announced the approval of 262 million bolivars to purchase more products for the nation’s strategic food reserve. The request ... [visit site]


By Rice industry trade agri news on February 08,2010

CBOT Rice Review: Rough Rice Lower Wednesday


imageMarch rice ended lower Wednesday in a mild correction following Tuesday’s rally. The market had traded higher in overnight trade but was unable to sustain gains, and prices were lower ... [visit site]


By Rice industry trade agri news on February 08,2010

India: Rice Procurement Dips 3% On Year


imageIndia's total domestic purchase has showed a slight dip of over three % compared to the corresponding period last year even as the total procurement crossed 200 lakh MT in ... [visit site]


By Rice industry trade agri news on February 08,2010

Sri Lanka Govt. To Begin Purchasing Program


imageSri Lanka's Minister for Agricultural Development and Agrarian Services Development Maithripala Sirisena has said that the government is going to launch a purchasing program via the Paddy Marketing Board to ... [visit site]


By Rice industry trade agri news on February 08,2010

Thailand To Revise Rice Pricing


imageAccording to Yanyong Phuangrach, permanent secretary for the Commerce Ministry, the government of Thailand intends to apply new criteria for calculating the reference prices in state rice tenders, particularly for ... [visit site]


By Rice industry trade agri news on February 08,2010

CBOT Rice Review: Rough Rice End Lower Thursday


imageRough rice ended lower Thursday as the market swung from strong early gains to equally big losses. Traders said there was aggressive selling of puts in options trade. They ... [visit site]


By Rice industry trade agri news on February 08,2010

USDA Export Sales Highlights


imageNet sales of 92,600 MT were down 9 percent from the previous week and 8 percent from the prior 4-week average.  Increases were reported for Venezuela (30,000 MT), Nigeria (24,000 ... [visit site]


By Rice industry trade agri news on February 08,2010

South Korean Govt. To Reduce Stockpiles


imageSouth Korean President Lee Myung-bak has instructed policymakers to step up measures to promote rice consumption, saying the government should help lower prices of rice products and reduce its stockpile ... [visit site]


By Rice industry trade agri news on February 08,2010

Asian Rice Export Prices Fall


imageAsian rice export prices dipped on Wednesday as the world’s big producing countries started harvesting, stoking concerns of oversupply as buyers stayed on the sidelines expecting prices to drop further. ... [visit site]


By Rice industry trade agri news on February 08,2010

Thailand To Release Stocks In Smaller Lots


imageThailand's Commerce Ministry has decided to release of 1 million to 3 million MT from its rice stockpiles in small lots over the next few months, when many of the ... [visit site]


By Rice industry trade agri news on February 08,2010

CBOT Rice Review: Rough Rice Futures End Lower Friday


imageCBOT rice ended lower Friday, joining most other commodities in declines on a stronger dollar and weaker equities. Analysts say that the market has stabilized following sharp recent losses, ... [visit site]


By Rice industry trade agri news on February 08,2010

Philippines Plays Down El Nino Effect


imagePhilippines Department of Agriculture (DA) Undersecretary Bernie Fondevilla has scaled down his earlier estimate that a total of 620,000 hectares of rice fields would be hit by the El Niño ... [visit site]


Poll: Basmati
Mixing of non Basmati by some traders to genuine product is hurting trade.
Yes
No
Poll results | Old polls

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