Results 1 to 13 of 13

Thread: World rice prices set to increase

  1. #1
    Respected Member
    Join Date
    Jan 2010
    Posts
    4,314
    Rep Power
    100

    World rice prices set to increase

    The world's largest rice importer (The Philippines) could see rice prices double if the Thai Government's new policy to increase what it's farmers get paid gets the go ahead:

    Thailand's new rice policy
    http://www.bbc.co.uk/news/business-15195058

    Philippines, worlds largest rice importer
    http://www.bbc.co.uk/news/business-14102518


  2. #2
    Moderator Steve.r's Avatar
    Join Date
    Jun 2009
    Location
    Bongabon
    Posts
    6,520
    Rep Power
    150
    Good job I grow our own
    If you want your dreams to come true ...... first you have to wake up


  3. #3
    Respected Member branno's Avatar
    Join Date
    Mar 2011
    Location
    England
    Posts
    656
    Rep Power
    56
    in miagao rice is sold at 15 p per kilo .. over the past four weeks we have harvested nearly 100 sacks wet ,, had to pay for 40 sacks to be dried ..just hoping the sun shines a bit more to dry the rest... if we hold on to the rice we may obtain 17p a kilo..

    lots of rice is imported to the phils but greedy corrupt officials keep the price high to make vast profits.. wen rice is scarce or rather not abundant... rice corruption is out bang out of order...


  4. #4
    Respected Member subseastu's Avatar
    Join Date
    Feb 2008
    Location
    Not sure at the moment, east midlands, rice farm or manila
    Posts
    780
    Rep Power
    68
    We where looking at buying more rice farms just on our last holiday, trouble is with a poor exchange rate and if this policy comes through coupled with corupt officals keeping prices artifically high its looks like we may have missed the boat. We where looking at copra farms as well.
    It's been emontional


  5. #5
    Administrator KeithD's Avatar
    Join Date
    Dec 2004
    Location
    Denbigh, United Kingdom
    Posts
    24,038
    Rep Power
    150
    I was looking at growing potatoes in the Phil and marketing it as Organic Giant Rice
    Keith - Administrator


  6. #6
    Trusted Member
    Join Date
    Jul 2005
    Location
    Pangasinan
    Posts
    25,616
    Rep Power
    150
    They import from Thailand and then stockpile it to control prices, like we used to do with Wheat etc (EU regs crap).

    Maybe I should grow rice on my lawn instead of grass.


  7. #7
    Respected Member branno's Avatar
    Join Date
    Mar 2011
    Location
    England
    Posts
    656
    Rep Power
    56
    always thought grass was very profitable graham..


  8. #8
    Trusted Member
    Join Date
    Jul 2005
    Location
    Pangasinan
    Posts
    25,616
    Rep Power
    150
    Just wish the attic was bigger. I could employ a couple of Vietnamese illegals and plug into next door's electric.


  9. #9
    Respected Member
    Join Date
    Jan 2009
    Location
    Sydney, Australia
    Posts
    2,557
    Rep Power
    114
    Still cheaper and easier then most foods to cook. I used to hate rice, until I discovered Jasmine Thai Rice and Rice Cookers, life is so easy. Can make Adobo Manok in ten mins and got a great meal, should show Jamie Oliver!


  10. #10
    Moderator
    Join Date
    Aug 2010
    Location
    Marikina City
    Posts
    26,785
    Rep Power
    150
    We are a rice exporter now

    That’s really a trick headline you just read. But it’s true we are exporting. Not rice for the table but rice seeds for planting. Since 2007, the domestic company SL Agritech Corp. has been exporting hybrid rice seeds to some of our neighboring countries in Southeast.
    The Philippines is the world’s third biggest exporter of hybrid rice seeds— after China and India.
    One of the criticisms against the DA’s Food Staples Self-Sufficiency Roadmap (FSSR) is that it has downplayed the use of hybrid rice varieties.

    The DA’s goal now is to expand the hybrid rice coverage to 500,000-700,000 hectares by 2013. At present only 375,000 hectares are planted to hybrid rice varieties.

    Why doesn’t Secretary local decide to have more hectares planted to hybrids?

    Executive Director Ronilo A. Beronio of the government’s Philippine Rice Research Institute says the hybrid palay varieties his agency has developed together with the International Rice Research Institute can produce as much as 10-12 metric tons per hectare or almost thrice the 3.8 metric tons per hectare national yield average.

    Philippine National Rice Program director Frisco G. Malabanan also has also said that hybrid rice seeds yield 15 percent more than the 4 to 5 metric tons per hectare produced by certified seeds.

    In China, the latest hybrid rice strain developed called “super hybrid rice” is expected to yield 13.5 metric tons of rice per hectare.

    The Chinese scientist Yuan Longping, the “father of hybrid rice,” who leads the team developing these new hybrid varieties is a Magsaysay Awardee precisely for his work.

    He and other scientists are urging the Philippines to embrace the wonders of hybrid rice more enthusiastically.

    Source:-
    http://www.manilatimes.net/index.php...e-exporter-now


    I've been using Hybrid Rice seedlings and have never been disappointed. Good yields, 3 harvests and overall lower costs.


  11. #11
    Respected Member Moy's Avatar
    Join Date
    Jun 2011
    Location
    UK
    Posts
    3,651
    Rep Power
    112
    I used to hate rice


    and i use to hate jacket potatoe even mashed but now its my everday diet
    A place for everything, everything in its place.


  12. #12
    Moderator
    Join Date
    Aug 2010
    Location
    Marikina City
    Posts
    26,785
    Rep Power
    150
    Quote Originally Posted by Moy View Post


    and i use to hate jacket potatoe even mashed but now its my everday diet


  13. #13
    Respected Member Moy's Avatar
    Join Date
    Jun 2011
    Location
    UK
    Posts
    3,651
    Rep Power
    112
    Quote Originally Posted by Terpe View Post
    thats true my friend.. am afraid
    A place for everything, everything in its place.


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. BRP to Increase to 400,000 people
    By tone in forum UK Immigration
    Replies: 2
    Last Post: 29th February 2012, 15:34
  2. Cancer on the increase !
    By Doc Alan in forum Health Issues
    Replies: 6
    Last Post: 16th July 2011, 18:17
  3. Wage Increase
    By flomike in forum Rant
    Replies: 2
    Last Post: 4th August 2008, 22:30
  4. Replies: 8
    Last Post: 7th April 2008, 18:21

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Filipino Forum : Philippine Forum