Rice Price

India's rice exports in volume terms is likely to rise more than 10 per cent during this fiscal on better demand from overseas markets, APEDA Chairman Abhishek Dev said on Thursday. In the 2024-25 fiscal, India exported 20.1 million tonnes of rice valued at USD 12.95 billion, reaching more than 172 countries. Agricultural and Processed Food Products Export Development Authority (APEDA) is an arm of the commerce ministry which deals with issues related to the country's agri exports. "Rice exports will increase this fiscal. We are expecting double-digit growth in volume terms," Dev told PTI on the sidelines of Bharat International Rice Conference (BIRC) 2025 being held here. He said exports would grow in terms of value as well. The two-day global rice conference started on Thursday at Bharat Mandapam here. The conference is being organised by the Indian Rice Exporters' Federation (IREF). APEDA is providing non-financial support to this event. Dev stressed the need to increase expo

Uttar Pradesh plans to establish a research centre for premium 'Kalanamak rice' in partnership with the International Rice Research Institute (IRRI) to boost production and exports of the aromatic grain sold at Rs 250-300 per kg in the domestic market. The research facility in Siddharthnagar district will focus on developing pest-resistant varieties and improving seed quality for the speciality rice, which has been cultivated since 600 BC and holds a coveted Geographical Indication (GI) tag, State Minister for Industrial Development Nand Gopal Gupta Nandi told PTI. "We are in the process of setting up the centre. The aim is to revive and expand the area under cultivation as well as export of Kalanamak rice," Nandi said. The state government targets expanding cultivation area to 1,00,000 hectares in the 2025-26 kharif season starting next month, from 82,000 hectares previously, as demand grows for the black-husked grain known for its distinctive aroma and higher antioxidant content .

The release of genome-edited rice marks a policy and scientific shift, positioning India to lead biotech-driven farming amid climate, resource, and food security challenges

In Japan, rice is more than just a grain; it is central to daily meals, festivals, spiritual offerings, and even language

The Solvent Extractors Association of India (SEA) has made a fresh appeal to the government to reconsider its decision to extend the ban on de-oiled rice bran exports until January 31, 2025. The industry body argues that the continued restriction is causing severe underutilisation of processing plants, particularly in eastern India. In a letter to its members, SEA highlighted the plight of rice bran processors in West Bengal, where plants are operating at low capacity or shutting down entirely. The association warned that this situation is negatively impacting the production of rice bran oil nationwide. "We once again appeal to the government to reconsider this matter and allow the export of de-oiled rice bran in the larger interest of the industry, rice millers, farmers, and the nation," SEA President Ajay Jhunjhunwala stated. The industry's concerns extend beyond the export ban. Recent instances of adulteration in rice bran oil and de-oiled rice bran with substances like dolomite

A Japanese business executive who was detained in Myanmar for more than a month has been released after being convicted of violating rice pricing rules, officials said Tuesday. Hiroshi Kasamatsu, a director of the Myanmar supermarket Aeon Orange, was in custody in Myanmar since his June 30 arrest for selling rice at prices above the official regulations. Japan's Foreign Ministry confirmed Monday that the Japanese national was convicted of violating law related to daily necessities and service. He was sentenced to one year in prison and fined 500,000 kyat (about USD 150). Kasamatsu was freed Monday afternoon, said Maj. Gen. Zaw Min Tun, spokesperson for the Myanmar's ruling military council. The Japanese Foreign Ministry said it was unclear if Kasamatsu would stay in Myanmar or return to Japan. He was released from custody and is in good health, it said, but declined to give further details. Rice is vital in Myanmar, a country struggling to stabilize its economy as civil war disrup

The retail price for 'Bharat atta' and 'Bharat rice' has been revised for new stocks

Demand continues to come in from regular customers in Indonesia and the Philippines, said a Bangkok-based trader, adding that new demand and additional crops would come in July

Any such move could add to the rally in benchmark Asian rice prices, which are hovering near a 15-year high after India began restricting sales of key varieties in 2023

The country's rice production is estimated to decline by 3.79 per cent to 106.31 million tonnes in the kharif season of the 2023-24 crop year (July-June) due to poor rainfall in key growing states, according to the Agriculture Ministry's latest estimates released on Friday. Rice production stood at 110.5 million tonnes during the same season in the previous crop year. Rice is the main kharif crop and its harvesting is underway. According to the first advance foodgrains production estimate released by the ministry, maize production is estimated to be 22.48 million tonnes in the kharif season 2023-24, lower than 23.6 million tonnes last year. Among pulses, tur production is expected to be slightly higher this year at 3.42 million tonnes as against 3.31 million tonnes the previous year. Moong production is estimated to be 1.40 million tonnes, lower than last year's 1.71 million tonnes. Oilseeds production is estimated to decline to 21.53 million tonnes from 26.15 million ...

The curbs on rice now cover all varieties that the South Asian nation ships to overseas markets, further tightening global supply

As many as 33 rice mills in Maharashtra's Gondia district have been blacklisted for next three years as the rice supplied by them has been found to be inferior quality and not fit for human consumption, officials said. Gondia Collector Chinmay Gotmare issued an order to this effect on August 4. According to an official of the Food Corporation of India, during an inspection by an FCI team, the rice from these mills supplied to Beed, Nandurbar, Latur and other districts last year under the public distribution system (PDS) was found to be of inferior quality. The team subsequently submitted its report to the Gondia collector. Gomtare said these mills have been asked to provide good quality rice in the next six weeks, or else legal action would be initiated against them.

In September last year, India imposed a ban on broken rice exports and put a 20 per cent export tariff on non-basmati and non-parboiled rice, aimed at improving domestic supplies

Farmers in the key central region have already planted most of their rice but the government is encouraging a switch to other crops that need less water

16 of 17 states wanted Centre to retain stocks; K'taka giving cash in lieu of rice

State-owned Food Corporation of India (FCI) will sell 4.29 lakh tonnes of wheat and 3.95 lakh tonnes of rice from the buffer stock to bulk consumers in the third round of e-auction to be held on July 12. The government is offloading wheat and rice from the FCI stock under the Open Market Sale Scheme (OMSS) to bulk consumers to improve the domestic supply and control the retail price of rice, wheat and atta. In the third round of e-auction, the FCI will offer a quantity of 4.29 lakh tonnes of wheat from 482 depots and 3.95 lakh tonnes of rice from 254 depots from across the country, the food ministry said in a statement. FCI has come out with tenders in this regard. Interested parties may empanel themselves for participation in future e-auctions, it said. The FCI is encouraging more small and marginal end users to participate in the weekly e-auctions so that the stocks reach a wider section of the society, it added. In the previous e-auction conducted on July 5, a total quantity of

The ministry further added that 2.127 million farmers have already benefitted from the ongoing wheat procurement operations with a Minimum Support Price (MSP) outflow of about Rs. 47,000 crores

Over 2,000 farmers from the interior areas of the worst Maoist-infested Narayanpur district will be selling paddy for the first time at MSP at the procurement centres

This acreage was, however, 1.13 per cent more than the normal area in which paddy is planted

A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country. In addition to this, expectation of a lower paddy output - conservative by government estimates and higher if outside experts are to be believed - will keep inflationary expectations higher, experts and analysts believe. Erratic June-September rainfall and delayed withdrawal of South-West monsoon rains have added to concerns over paddy crop. India's rice production during the 2021-22 crop year, ended June, stoo