Dubai’s rice re-export trade gains strength

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DUBAI: Dubai is taking new steps to strengthen its role as a regional re-export hub for rice and other commodities. With re-exports having almost doubled over the past five years, Dubai is now described as a key re-export hub. With advanced infrastructure, excellent connectivity, clusters of distributors and a strong base of regional and international…


Country to keep 3.8 million hectares of rice cultivation land

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(CPV)– The Ministry of Agriculture and Rural Development of Vietnam has submitted a plan to Prime Minister Nguyen Tan Dung which aims to encourage agricultural development nationwide until 2020, with a vision to 2030. Under the scheme, the area of agricultural land will be 26.7 million hectares until 2020 while the land used for rice…


Vietnam rice price shoots up

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HANOI (Commodity Online) : Rice price in Vietnam, world’s largest rice exporter climbed sharply after global demand picked up, according to Viet Nam Food Association (VFA). Purchasing price of material rice last week jumped by VND250-300 per kilo to VND8,600-8,700 per kilo for five-per cent-broken rice, and to VND8,45-8,500 per kilo for 25-per cent-broken rice,…


VN, Sierra Leone foster rice, seafood ties

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VGP – Việt Nam and Sierra Leone will work to bolster cooperation on seafood and rice production, through the exchange of experts in the field. Deputy Minister of Agriculture and Rural Development Nguyễn Thị Xuân Thu and Sierra Leone’s First Deputy Minister of Agriculture, Forestry and Food Security Alie Mansaray signed a memorandum of understanding…


Summer-autumn rice prices escalate

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Rice prices have soared to an all time high of VND6,400-6,700 per kilogram, causing farmers to hold on to their rice in expectation of higher rates while traders are stockpiling the grain in large quantities. Farmers in the Mekong Delta are nearing the end of their summer-autumn rice harvest season and rice prices have accelerated…


Rice output likely to fall sharply in South Korea

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SEOUL (Commodity Online): Fast growing industrialization in South Korea is likely to its agriculture as country’s Rice production is likely to hit to ten year low this season. According to Korea Rural Economic Institute, South Korea’s rice production is forecast to hit a 10-year low this year due to shrinking farm land and lower yields…


Rice export: many businesses “give up the games”

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After two months, the rice exporters who cannot meet the requirements stipulated in the Decree No 109, will be weeded out. To date, only 20 businesses have been recognized as meeting the requirements to become rice exporters. Overly high requirements The first Vietnamese business, which got the certificate on meeting all the requirements for rice…


Excessive rice cultivation puts soil fertility at risk

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Southern Institute for Agricultural Science and Technology director Bui Chi Buu spoke with the newspaper Nong thon Ngay nay (Countryside Today) about plans to expand the area under rice cultivation. We do not know the exact area of rice cultivation in the Mekong Delta, but right now there are about 2.6 crops a year. Though…


Thailand to start rice pledging from November

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BANGKOK (Commodity Online) : World’s largest Rice exporter Thailand said it will form a Rice Policy Committee before starting the rice pledging in November. This will enable country’s new government to pay farmers Bt15,000 a tone for unfilled Paddy and Bt20,000 for paddy jasmine rice as the new board should be set up promptly to…


Whirlwinds damage over 2,000ha of rice

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DONG THAP — Heavy rains and whirlwinds ruined over 2,000ha of summer-autumn rice in southern Dong Thap Province’s Thanh Binh District on Monday afternoon. The rice yield is forecast to be 20-30 per cent reduced. Local farmers expect to harvest the rice in the next few days. Authorities have directed the full capacity of water…


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