Rice

Genetic modification may be the only viable way to produce sufficient quantities of rice in the future as drought, climate change and dwindling acreage impact yields, experts said in a new report.

A weak US currency is expected to put fresh pressure on rice prices just a year after a global supply crunch caused the cereal to rocket above $1,000 a ton, the International Rice Research Institute (IRRI) said.

FALSE REPORT: The lean season for rice (July to September) has set in, and with it a heightened interest in the cereal and its retail price.

RICE production will decline by as much as 75 percent in the Philippines if it is not quick enough to adapt to and put in place safeguards against climate change.The decline starts in 2020, according to a study made by the Asian Development Bank (ADB) and released this week during a high level regional meeting…

MANILA, Philippines—The country’s rice production for the second quarter of 2009 may be 1 to 2 percent more than last year, according to Agriculture Secretary Arthur Yap.

FARMERS are to be given access to three new varieties of rice that should help the Philippines slash imports and produce more at home, a research group said yesterday.

THE Philippines could gain $13 million in official development assistance from Korea to put up modern rice-processing systems in Pangasinan, Iloilo, Bohol and Davao del Sur, officials said yesterday.

MANILA, Philippines – The European Union-Association of South East Asian Nations (EU-ASEAN) Free Trade Agreement (FTA) may pose difficulties for the Philippine rice sector while favoring that of Thailand.

cThe National Food Authority (NFA) yesterday said there is sufficient rice supply for the country’s requirements amidst the possible early entry of the monsoon season and with barely six weeks before the lean months start.

MANILA, Philippines – The Philippines may import up to two million metric tons of rice this year, based on a standby authority approved by the National Food Authority.

Malacañang yesterday expressed optimism the price of rice would remain affordable throughout the year even as it assured the people of its readiness to implement a contingent rice-subsidy program to soften the impact of a sharp rise in the price of the country’s staple crop.

The Philippines will have to rely on more corn and rice imports this year due to possible lower production.

Rice prices are likely to rise sharply for the second straight year in 2009 as the global economic slowdown hits farmers and consumers alike, the International Rice Research Institute warned Friday.