TRT Market Reports

The Russia-Ukraine war is causing food shortages in Africa and now the US is moving to help bridge the impending food crisis. Is it a goodwill gesture or a power play?

RICE IS LIBERIA'S staple food and is the most widely consumed in the country. Rough estimates indicate that Liberia spends more than two hundred million (US$200 million) annually on rice importation from predominantly Asian countries.

As residents of communities across Kogi State groan under the weight of devastating effects of heavy flooding that has rendered thousands homeless, destroyed properties worth millions and submerged entire communities, YEKINI JIMOH, reports that the worst hit are farmers under the IFAD-VCDP Rural Poor Stimulus Facility (RPSF), who not only lost homes and properties, but also lost their source of livelihood which may throw them into bankruptcy.

A potential large-scale rice farming company in the Philippines will be sending a delegation to Papua New Guiena in November this year to evaluate the country’s potential for

-flaws causing delay in payments to Guyanese millers and farmers, says minister . THE contract that was inked by the Panamanian and the then A Partnership for National Unity + Alliance for Change governments for the supply of rice was corrupt, Agriculture Minister Zulfikar Mustapha has said.

A United Nations’ ship is set to deliver Ukrainian wheat to Somalia. Ukraine’s infrastructure ministry confirmed the report and said the fifth vessel chartered by the United Nations World Food Programme (WFP), NEW ISLAND, has arrived at Ukraine’s Black Sea port of Chornomorsk, ready to leave for Somalia.

“Rice is sold at L$3,500 [US$23.00]. The businessman told me before I can buy a bag of rice, I must buy L$1000 (US$6.50) worth of other items that I do not need. Can you imagine that?” said Elder Dee Zoe Lake, via mobile phone.

Senegal has announced plans to talks with India over rice export ban. The country seeks to secure a much-needed rice supply after India banned exports of broken rice globally and imposed tariffs on some other types.

RICE IS LIBERIA’S staple food and is the most widely consumed in the country. Rough estimates indicate that Liberia spends more than two hundred million (US$200 million) annually on rice importation from predominantly Asian countries.

Agriculture in Tanzania is the backbone of the nation's economy. Government reports show that the sector employs over 65 per cent of Tanzanians and contributes 27 per cent to the Gross Domestic Product (GDP).

Australia’s Grains Research and Development Corp. (GRDC) is investing A$20 million into infrastructure that builds long-term research capacity and supports profitability for the nation’s grain growers.

The NHVR has advised of new changes it says operators who transport grain in NSW and Victoria should be aware of.

Grain growers in Western Australia are eyeing off another bumper harvest that could rival last year's record-breaking crop.

CBH Group’s recent equipment upgrade at its Esperance Terminal has resulted in grain throughput increases of about 10%, the company said. The upgrade involved installing a new pre-cleaner, a key component in the ship loading process.

The newly created Grains Australia Oat Council is accepting applications for oat industry representatives to join the Council.

Rice Breeding Australia is established with a focus on water use improvements

A third consecutive bumper grain crop is expected in Australia in the 2022-23 marketing year, according to the latest projections from IKON Commodities.

Rice production in farming communities on the outskirts of Labasa is now surpassing production in the traditional rice growing areas of Vanua Levu.

Perhaps more than anywhere on earth, Australia is having to face up to the realities of climate change.

Two Australian companies, including a brash young agtech upstart, are among the many working to change rice cultivation in this region and shift to new crops. From our upcoming August issue.

As part of the "grain initiative," four more ships loaded with agricultural products left the ports of Greater Odesa, Ukraine.

Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Tuesday.

President Volodymyr Zelenskiy said Ukraine's military had made major, rapid advances against Russian forces in the past week, taking back dozens of towns in regions in the south and east that Russia has declared annexed.

The World Bank has said it will provide an additional $530 million in support to Ukraine, bringing the total aid by the bank to $13 billion, Trend reports citing Reuters.

Nearly 5 million tonnes of agricultural products have been shipped from Ukraine’s Black Sea ports since the United Nations and Turkey brokered a deal on July 22, allowing grain shipments to restart following a five-month Russian blockade, Reuters reported.

Less winter grain may be planted in Russia for the 2023 crop as heavy rains replace dry weather, creating muddy and unsuitable sowing conditions in the country’s central and southern regions, Reuters reported, citing agricultural consultancy Sovecon.

Beginning on September 8, the EU now imposes an import duty of €65 ($64) per tonne on white milled rice with the CN 1006 20 code.

A €10m tillage scheme for 2023 has been announced by the Minister for Agriculture Charlie McConalogue.

The EU-Ukraine Solidarity Lanes and the UN-led Black Sea Grain Initiative have helped partially alleviate the severity of the global food crisis and deliver Ukrainian grain to countries most in need - in Africa, Asia, and the Middle East.

On Wednesday, September 21, as part of the implementation of the grain agreement, 8 more vessels left the ports of Odesa, Chornomorsk, and Yuzhny. 170,300 tons of agricultural products were sent to Asian and European countries. This was reported by the press service of the Ministry of Infrastructure.

As India, the world leader in exports restricts rice shipments, Brazil signaled at the World Trade Organization (WTO) that together with Mercosur partners, it is ready to expand exports and help with global food security.

Soybean production in Argentina in the 2022-23 marketing year is forecast to rise 15% to 48 million tonnes, according to a report from the Buenos Aires Grain Exchange.

Persistent drought conditions in Argentina, described by weather and agricultural experts as the driest in three decades, have farmers starting to abandon some lots of wheat, Reuters reported, citing the major Buenos Aires grains exchange.

“No one has eaten it in two days,” laments Luciano, a resident of the San Luis de Sancti Spíritus neighborhood, while showing some neighbors on Friday morning the rationed bread. In the midst of the wheat flour deficit, state bakeries in several areas of this city must add up to 20% of husked rice waste to the dough, a mixture that gives it a sandy texture and sour taste.

Summer is already over in the Northern Hemisphere and what a season it was this year. The greatest worry over dryness was in North America, but it turned out that Europe was driest and lost the most crop yield.

While uncertainty remains over the likelihood of Mexico following through on a ban of genetically modified corn, agriculture officials and trade groups are continuing discussions with Mexican leaders to show the negative impacts of such a ban.

The first forecast by the National Supply Company (Conab) for Brazil’s 2022-23 grain and oilseed harvest projects total production of 308 million tonnes, up from this year’s estimated total of 272 million tonnes. Conab foresees rising output for corn, soybeans and rice. 

Amid worry over pesticide residue in rice, Agriculture Minister Zulfikar Mustapha says the product is monitored by food seevral bodies locally to ensure safety standards are met.

The Ministry of Trade, Commerce, and Food Security says that there will be NO rice shortage in the country for the next few days.

Corn exports from Brazil have increased by 221% in the first half of 2022 as importers seek to replace Ukrainian corn that isn’t making it to market due to the ongoing war with Russia, according to a report from Reuters.

It's late in the evening in the Comorian capital of Moroni but the city's port is filled with eager faces.

Kabul witnesses a slight drop on prices of food products – including rice, flours, and oil among others – which over the past months have seen its highest due to the political uncertainty and economic collapse.

Imports of basmati and parboiled still flow in smoothly from India, UAE traders say

Iraq intends to plant 750,000 hectares of wheat in 2022-23, an increase from the previous season, Reuters reported, citing an agriculture ministry official.

Climate change, a faltering economy and residual security issues have decimated Syria's 2022 grain crop, leaving the majority of its farmers in a precarious position, the United Nations Food and Agriculture Organization (FAO) said.

Investors from Israel are eyeing potential business ventures in the Philippines’ (ICT) information and communications technology, agriculture and water sector, citing future opportunities as the Southeast Asian country’s economy bounces back from the pandemic.

The move comes as it is expected to record lower rice production due to rain deficiency in key states

Aman production costs are likely to be up to 39% more this season than the previous years thanks to low rainfall, costlier fertilisers and irrigation and rising labour charges, according to a government report.

The Egyptian Cabinet agreed to set the price of white rice, in accordance with the provision of a Law on Protection of Competition and Prevention of Monopolistic Practices, which states that the Cabinet may determine the selling price of a basic product for a specified period of time, after taking the opinion of the Competition Protection Authority.

The Commerce Ministry has joined hands with a top Saudi supermarket to promote Thai products in Saudi Arabia.

FAS Manila revised MY 2022/23 milled rice production downward to 11.975 million MT both because of a 3 percent expected reduction in yields as soaring fertilizer prices result in significantly reduced application and because of the effects of Typhoon Noru (Local name: Karding).

On September 15, 2022, Taiwan announced the extension of tariff and tax exemptions for several agricultural commodities till the end of 2022.

For MY 2022/23, Post maintains wheat and barley planted area forecast, while raising yield forecast on the account of reports that grain harvest and storage operations took place in good conditions

Export prices decreased 1-2 percent due to the further weakening of the Thai baht.

Due to the impact of the recent flooding, the 2022/23 rice production forecast is lowered to 8.3 million tons. With a slow-down in exports during July and August, plus the recent flooding causing a pause in export activities, marketing year 2021/22 rice exports are lowered to 4.5 million tons. Similarly, due to expected lower exportable supplies, 2022/23 rice exports are now projected at 4.2 million tons.

This report covers the national rice market. Rice prices are listed by variety and by state, with historical trend data for select varieties. Also included is a market trend analysis.

This full text file contains reports, issued weekly during the growing season (April to November), which lists planting, fruiting, and harvesting progress and overall condition of selected crops in major producing states.

U.S. rice imports for the 2022/23 marketing year (August–July) are projected to rise 16 percent from a year earlier and to reach the highest volume on record at 44 million hundredweight.

Demand for Thai rice pushes export prices higher despite the weakening of the Thai baht.

The Government of Morocco has released its final wheat and barley production numbers for the 2022 crop, including 1.89 MMT of common wheat, 0.81 MMT of durum wheat, and 0.7 MMT of barley.

A fire off Nelson Road has burned about 60 acres before firefighters were able to contain it, Cal Fire-Butte County Capt. David Hori said Wednesday afternoon.

When heading to the field for harvest, it’s important to make sure your monitors, sensors and scales are getting accurate numbers.

Grain prices mostly higher, except wheat in a risk on day with outside markets like crude oil higher and the dollar sharply lower. 

The Arkansas rice industry donated 214,900 pounds of rice to the Arkansas Foodbank on Thursday (Sept. 29) in honor of National Rice Month. The donation from seven mills will provide over 1.6 million servings of rice to help feed families, children, and seniors across the state.

Steady as she goes can be the mantra this week. Harvest continues forward in Arkansas, where more field yields are coming in to substantiate the initial reports from last week.

Two upper-level weather systems danced across the contiguous U.S. (CONUS) during this U.S. Drought Monitor (USDM) week (September 21-27). One partner of the pair was an upper-level low pressure trough which twirled from the West Coast to the northern Plains then migrated to the Northeast.

The Food and Agriculture Organization of the United Nations (FAO) has praised Nigeria, particularly its smallholder farmers for the considerable progress in rice production. However, according to the FAO, more still needs to be done.

US$3.3 Million for Improved Rice Cultivation Practices Reducing Methane Emissions, and Water and Energy Consumption

Ari Broussard ran for two touchdowns, Treshawn Chamberlain scored on a fumble return and Rice beat UAB 28-24 Saturday night.

Yuba River Endowment delivered 16,000 pounds of locally grown rice to the Yuba-Sutter Food Bank on Friday, a donation valued at over $13,000.

Food supply, already squeezed by shortages in wheat, corn and cooking oils, is at risk of even more disruption, this time from the rice market.

India, the world’s biggest rice shipper, levied a tax on some exports to secure domestic supplies after planting shrank, a move that could further rattle global food markets and worsen the hunger situation.

The United Nations food agency’s world price index dell for a fifth month in a row in  August, further from all-time highs hit earlier this year, as a resumption of grain exports from Ukrainian ports contributed to improved supply pospects.

Climate change could have more of a negative impact on low-latitude countries than on high-altitude countries, further widening the gap between the fortunes of wheat farmers in developed countries and wheat farmers in developing countries, according to research from China published Aug. 19 in the journal One Earth.

Global total grains production and consumption in the 2022-23 marketing year were revised downward by the International Grains Council (IGC) in its latest monthly grain market report released on Aug. 18.

LP INFORMATION recently released a research report on the Rice Climate Chamber analysis, which studies the Rice Climate Chamber industry coverage, current market competitive status, and market outlook and forecast by 2026.

A recovery in global business travel spending to pre-pandemic levels is likely to be delayed by 18 months to 2026 because of factors like persistent inflation, high energy prices, labour shortages and lockdowns in China, a new industry forecast shows.

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation that is already near record highs.

Big rate hike by the Fed raises risks for a possible recession in the United States, and brings negative effects to the world economy, according to analysts from various countries.

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation that is already near record highs.

The heart pumps blood and nutrients throughout the body, making heart health essential to overall health. Coronary artery disease can contribute to severe heart problems, including heart attacks. Researchers are still examining the risk factors for developing coronary artery disease and how people can take steps to avoid it.

A man was left wanting after ordering mala fried rice with pork chop and receiving no meat.

Rice is just about the most versatile grain out there, as it can serve as the base of a plethora of breakfast, lunch, and dinner meals, or be served on its own as a side dish.

Examining global warming and rice yield productivity with Professor Dr Apichart Vanavichit, Director of the Rice Science Center

Korea also suffered from Mother Nature's fickleness. Gyeonggi Province suffered from bad weather which led to poor rice crops.

The trope has been the same for a while: Choose whole grains, like whole-wheat pasta and brown rice over white versions. And no, that’s not wrong, but it’s also not the full story, says Kristen Chang, R.D., a sports dietitian based in Virginia. Rice is also a carb, and since so many people claim that carbs are so “bad” for you, you might end up wondering if brown rice is even healthy?

Ukraine continues to ship grain across the Danube to the Romanian Black Sea port of Constanta even after some of its own ports reopened, and the new routes are likely to remain, the deputy chief of freight logistics group TTS said on Wednesday.

The outlook for the global economy has “darkened” and the world is at a point of “significant economic danger”, according to the World Economic Forum’s Chief Economists Outlook survey.

Typhoon Noru slammed into Vietnam today forcing hundreds of thousands of people to take shelter after the country imposed a mandatory curfew. High-rise buildings shook in Danang, as winds have been compared to that of a category five hurricane. Wind speeds were clocked between 103 and 117 kilometres per hour

The designations employed and the presentation of material in this information product do not imply the expression of any opinion on the part of the Food and Agriculture Organization of the United Nations (FAO) or the World Food Programme (WFP), concerning the legal or development status of any territory, country, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries.