Agriculture
India rates extend rally on low supplies; Thai prices ease
Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.
Farm sector expands at faster clip in 2023 on poultry, livestock gains, record rice output
Philippine agriculture grew at a faster 1.2 percent clip in 2023 on the back of higher poultry and livestock production, increased fruit harvest, and record rice output as reported by the Philippine Statistics Authority on Wednesday.
Germany’s BASF in greenhouse gas emissions cut collaboration with IRRI
The International Rice Research Institute (IRRI) and famed chemicals firm BASF have partnered to reduce greenhouse gas (GHG) emissions from rice production.
Vietnam commits annual rice supply of 2 million metric tons to PH for 5 years
Agriculture Secretary Francisco P. Tiu Laurel Jr. has secured a commitment from Vietnam to supply the country with 1.5 – 2 million metric tons of white rice each year for five years. Laurel has signed a memorandum of understanding with Minister Nguyen Hong Dien of the Ministry of Industry and Trade of Viet Nam under an enhanced cooperation on rice trade with its neighbor.
PH palay output hits record high of 20.06 million MT
Palay production in 2023 reached 20.06 million metric tons, the highest-ever harvest of the Philippines’ national staple, helped by better weather conditions in the last quarter of 2023.
