News

During the World Rice Conference held in Pasay City, Philippines, the founder of the Philippine Rice Information System stated the the country may soon see more affordable rice prices as India removed the minimum export price on rice exports.

The Ministry of Agriculture, Forestry and Fisheries of Japan announced that rice production for the year 2024 surpassed the estimated demand for the year ending next June. Private sector rice producers are also expected to improve, however, the prices may still remain high.

A team of researchers hailing from the Tokyo University of Science conducted a research that aimed to investigate the relationship between rice blast fungi and soil microbes. Their findings can lead to significant implications on how to manage plant diseases.

Fast food giant Jollibee Food Group revealed that they are considering sourcing their rice directly from Filipino farmers. Currently, the group is in the first stage of discussions with a farmer cooperative.

Rice production in the Philippines may soon see an increase thanks to the proposed PHP 9 billion annual allocation for the mechanization of rice farming under the Rice Competitiveness Enhancement Fund.

India has finally lifted its export ban on non-basmati rice a year after enacting it. The Department of Agriculture is expecting that rice prices will be going down as India’s move will relieve the price pressure in the international market.

The International Rice Research Institute in the Philippines has made a breakthrough in their research, developing a type of grain that may help reduce the likelihood of diabetes.

Myanmar has been hit with winds, intense rains, and severe flooding due to Typhoon Yagi sweeping across the nation. The floods have submerged numerous rice fields, and villagers in Myanmar are doing their best to save their crops.

Government officials, lead by Department of Agriculture Secretary for Consumer Affairs Genevieve Velicaria-Guevarra, visited several key markets in Metro Manila, Philippines. During their visit, the officials noticed a downward trend in rice prices.

Japan is still experiencing a shortage in rice stocks. The agriculture ministry hosted a meeting with various farmers, cooperatives, and businesses to hear their perspective on the current issue.