GHANA – Ghana eyes robust rice production courtesy of a new integrated pest management technology developed by the Crop Research Institute of the Council for Scientific and Industrial Research (CSIR-CRI). According to Ghana News Agency, the technology, piloted in rice demonstration farms in some selected rice-producing communities, is part of strategies by CRI to reduce pest infections in rice farms…
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Côte d’Ivoire temporarily suspends rice, sugar export to curb domestic price hikes
CÔTE D’IVOIRE – The Ivorian government has announced a precautionary suspension of the export of local rice and sugar, for the period from September 18 to December 31, 2023, to protect the purchasing power of the population. The decision follows strong tensions in recent days due to the skyrocketing prices of rice and sugar in the Ivorian market. According to…
Read MoreBumper harvest brings down rice prices by 25% in Tanzania
TANZANIA – Tanzania is celebrating a bumper harvest in rice that has led to a significant drop in price by 25% at wholesale markets. The report follows a recent spot survey by the Daily News that showed that the wholesale price of rice grade one rice dropped to 260,000/- (US$104) from 350,000/ (US$140 – per 100-kilogram sack two months ago,…
Read MoreRice and sugar prices defy August’s decline in food commodities: FAO
GLOBAL- In an unexpected turn of events, the prices of rice and sugar have bucked the trend of declining food commodity costs in August, driven by India’s export ban on basmati rice and concerns surrounding the El Niño weather phenomenon. While the FAO Food Price Index, compiled by the Food and Agriculture Organization of the United Nations, saw a decrease…
Read MoreIndustry report claims 2008 rice crisis scenario is unlikely in spite of price rises
GLOBAL- Despite the recent exponential rise in rice prices globally, a recurrence of the 2008 crisis scenario remains unlikely, according to the International Rice Statistics Observatory’s (Osiriz) latest report. During the last several months, the rice market has been shaken up by restrictions on trade from India, the rice export leader. However, despite concerns about the rice market by different…
Read MoreIndia imposes 20% export duty on parboiled rice to protect local supplies
INDIA- The Indian government has imposed a 20% duty on exports of parboiled rice , a move that could further reduce shipments from the world’s largest exporter and lift global rice prices, which are already trading near their highest levels in 12 years. This comes after India introduced a ban on exports of non-basmati white rice last month. The recent…
Read MoreCameroon to import 150,000 tonnes of rice in Q3
CAMEROON – Cameroon plans to import 150,000 tons of rice in quarter three of 2023 (Q3) in a bid to guarantee supplies in the local market during the festive season, which is usually marked by high rice consumption. Minister of Commerce Luc Magloire Atangana instructed operators to urgently import the said tonnage at a consultation meeting held in Yaoundé. The…
Read MoreKenya launches pilot operation to eradicate invasive apple snails in Mwea rice scheme
KENYA – The Ministry of Agriculture has launched a three-week pilot program to control a new migratory rice pest, apple snails, that has been ravaging rice crops at the Mwea irrigation scheme in Kirinyaga County. The move follows a recent warning by scientists, led by Kate Constantine, Project Scientist at CABI, who raised an alarm regarding the apple snail invasion…
Read MoreRobust rains to boost rice production in India after recent ban on non-basmati exports
INDIA- According to data from the country’s farm ministry, Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage. This higher rice planting in India, the world’s second-biggest producer of grain, will ease concerns about the lower output of the…
Read MoreIndia’s rice export ban to take a toll on Zambia’s domestic supply
ZAMBIA – India’s rice export ban will negatively affect the supply of the commodity, triggering higher prices on the domestic market according to the county’s financial analyst Trevor Hambayi. Speaking in an interview with Money FM News, Hambayi noted that since Zambia heavily relies on rice imports from India for its local market, the ban announced on 20th July would…
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