Introduction
The United Nations Millennium Development goals are to reduce hunger and poverty. This was the main reason for the UN declaration of the International Year of Rice in 2004. Rice is the source of more than 500 calories per person per day for over 3 billion people (FAOSTAT). By 2010...
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ABSTRACT
To achieve sustainable food and nutrition security, the government of Indonesia has set up a national policy which states that the main source of food to meet consumption needs should be from domestic production. This policy has been implemented through food production program with high...
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Ronald G. Mangubat
Information Officer of FFTC
Academicians and exporters believe that there is something very fishy about the Thai government’s rice deal with a Chinese state enterprise, with some saying that the revocation of the deal could be due to the government’s...
Thailand and Vietnam are in talks on a pact to raise the price of their rice exports to increase their leverage in the global market and improve farmer incomes, a Thai government official said on Friday.
Agriculture officials from Thailand and Vietnam, the world's second and third biggest rice exporters, met in Bangkok on Friday to discuss joint measures to support their farmers and rice industries and manage growing production costs.
"We aim to raise rice prices, increase farmer income and increase bargaining power in the global market," Thai government spokesperson Thanakorn Wangboonkongchana said in a statement after discussions on the sidelines of a farms expo.
Vietnam and Thailand account for roughly 10% of global production of rough rice, and about 26% of global exports, according to the U.S. Department of Agriculture.
Any move to raise prices would be bad news for buyers and consumers amid rising global food prices. Big exporter Thailand is seeing rising foreign demand for its agricultural commodities, helped by a weaker currency.
Read more here.