As an exception due to the ban on shipping of this variety of rice on September 8, 2022, the government has authorized the export of 3.5 lakh tonnes (lt) of broken rice to Senegal and Gambia. The Ministry has also approved the delivery of 9,990 tonnes of broken rice to Djibouti, Ethiopia. Ruby Overseas of…
The government has been requested by rice exporters to relax limitations on the export of non-basmati rice by eliminating the 20 percent export levy on white (raw) rice and permitting the transport of one million tonnes (mt) of broken rice. The Centre must evaluate the Food Corporation of India’s purchase of paddy cultivated in the…
In addition to choosing the traditional safety-first approach when importing two lakh tonnes (lt) of parboiled rice from India, Bangladesh appears to have more faith in Indian cooperatives. The Directorate of Food in Bangladesh’s External Procurement division last week sent letters of intent (LOI) to NCCF (National Cooperative Consumers Federation of India Ltd) and Kendriya…
In a government-to-government agreement, Bangladesh has given Indian co-operatives almost $40 per tonne more than what the private commerce had bid in a global import tender for 2.5 lakh tonnes of parboiled rice. Two tranches of the import agreement will be made through NCCF (National Co-operative Consumers Federation) and Kendriya Bhandar, with Dhaka receiving rice…
All eyes are on Odisha and Madhya Pradesh, who combined contributed over 13% to the Central Pool last year, to make up for the deficit in Uttar Pradesh and Punjab, as overall rice procurement has increased by 11% so far this season. As the procurement in the State is projected to be on par with…
Following a drop in kharif production, the price of rice has increased by more than 8% since January, the Union government informed the Rajya Sabha today. The Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, responded to a question in the Rajya Sabha on Friday by stating that due to insufficient rainfall in…
Comparing October to September of 2022–2023 to the same time last year, rice procurement climbed by 12.2% to 218.73 lakh tonnes (lt). Thanks to the 15.91 lt acquired in Chhattisgarh with purchases starting a month earlier than the initial schedule, purchases in November were 11.73 lt greater than the level of the previous year. 121.91…
Despite the Center’s restrictions on exports of non-basmati white rice and the imposition of a 20% export levy, Indian rice remains competitive on the international market. Although prices have increased by over $30 a tonne over the last two months, Indian cereal remains competitive.”The worldwide market for rice continues to be quite competitive for Indian…
The Government stated that the stock positions of wheat and rice are at favorable levels on Wednesday. In April, the level will exceed the buffer stock ceilings. However, compared to last month, the wholesale cost of wheat and rice is somewhat higher this month. As of November 15, according to Union Food Secretary Sanjeev Chopra,…
Wheat, rice, and mustard, three important rabi crops, continued to be sown early by farmers as their coverage increased as of Friday, according to data from the Ministry of Agriculture. In contrast, the area planted with coarse cereals, particularly maize, green gram (moong), and groundnut, lagged behind. The area planted with all rabi crops has…
