Reposted from Bloomberg
By Pratik Parija & Prabhudatta Mishra
Rice exports from India, the world’s second-largest grower, are poised to slump from a record as supplies from Vietnam, Myanmar and Pakistan widen a global glut, according to the International Rice Research Institute.
Shipments including the aromatic basmati variety may decline 32 percent to 7 million metric tons this year from 10.25 million tons in 2012, said Samarendu Mohanty, a senior economist with the Philippines-based organization. This compares with 9 million tons estimated by the Foreign Agricultural Service of the U.S. Department of Agriculture.
Reposted from The Phnom Penh Post
A worker loads a truck with corn in Pailin province last year.
By May Kunmakara
Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year.
The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from $127.7 million between January and March last year, data from the Vietnam Trade Office showed. More…
Reposted from All About Feed
Terraced fields in Vietnam
While China and India get most of the press for expanding middle class demand for agricultural exports, Vietnam has the potential to rank right up there with them, according to a panel of experts during the 2012 Commodity Classic. More…