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The Global
Situation
ASEAN
approves rice reserve project to prevent an emergency
from rice shortages. Thailand drafts a plan during the
year 2004-2012 to improve quality and productivity of
11 commodities, particularly jasmine rice. Vietnam grants
the budget totaling US$300 million for agricultural
development in 2004, which includes an upgrading of
rice crossbreeds.
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Full
Report.
August 25, 2003
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Rice:
A review of the news in 2001
A major characteristic of rice trading
last year was the continuing decline
in prices worldwide. Bumper crops
were recorded in the U.S. and India,
while Vietnam and Pakistan faced limited
supplies towards the year-end. This
led nations with an abundance of supplies
to gain the upper hand late in the
year in terms of trade.
More
details.
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