HANOI, April 22- Prices for rice exports from Vietnam have risen 2-3 percent in the last few days as harvesting comes to an end and as two state-owned companies look set to win the Philippines' biggest order for the grain in three years.» Read More
*Vietnam newspaper reports Philippines could soon issue new tender. HANOI, March 10- Vietnam has lowered its price floor for exports of low-grade rice for the second time in a month, an industry source said, as the world's No.2 exporter of the grain looks to make its shipments more attractive amid a global supply glut.
MANILA, March 4- Rice prices in the Philippines have risen for six straight weeks, piling pressure on the government to import more of the national staple to stabilise markets and curb inflation already at two-year highs.
SINGAPORE/ BANGKOK, Feb 19- Millions of tonnes of Thai rice are set to flood into already oversupplied international markets when the government's controversial subsidy scheme grinds to a halt later this month. That will force farmers to offload the March harvest into a market currently dominated by India and Vietnam.
*China concerned over Thai anti-graft probe. BANGKOK, Feb 4- China has cancelled a deal to buy 1.2 million tonnes of Thai rice after Thailand's anti-corruption agency launched investigations into a state rice-buying scheme, the Thai commerce minister said on Tuesday.
In two weeks, Girl Scouts will descend upon supermarkets and businesses to peddle boxes of cookies, tempting people with a new gluten-free cookie.
*Thailand desperate to raise money to pay farmers. BANGKOK/ SINGAPORE, Jan 17- Thailand's embattled government offered to sell rice at a huge loss, officials said, as it sought to shore up Prime Minister Yingluck Shinawatra's support among farmers who are concerned that the administration could run out of money to pay them.
--Clyde Russell is a Reuters market analyst. These two commodities form the backbone of Thailand's agriculture, and their fortunes are crucially linked to Yingluck's given her reliance on support from the rural poor. Problem is that the tax relief ended last month and rubber stocks in top buyer China are now the highest in almost a decade.
BANGKOK, Nov 19- Thailand scrambled on Tuesday to fund a rice subsidy scheme that has not paid out to farmers since Oct. 1, a delay that risks alienating key supporters of Prime Minister Yingluck Shinawatra. The Commerce Ministry buys rice at 15,000 baht a tonne, well above market prices, but has struggled to sell enough to keep the subsidy scheme afloat.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Nov 13- Asian rice prices may have found a base around $400 a tonne amid signs that only modest amounts of Thailand's rice mountain are coming to market.
The FDA said, after testing 1,300 samples of rice and rice products, that the amount of detectable arsenic is too low to cause immediate or short-term negative health effects.
Thailand is set to sell half-a-million tons of rice on world markets at a loss, as it scrambles to offload a record stockpile deteriorating in quality in warehouses filled with grain.
Jim Bower, Bower Trading, discusses the impact the big Midwest drought is having on rice. "We think there is potentially there down the road in the rice market," he says.
Record high prices of corn and soybean brought on by the worst U.S. drought in 56 years may be triggering a sense of de ja vu for Asia concerned about a repeat of the food scare in 2008, but most economists are downplaying those fears, for now.
Jonathan Barratt, Founder of Barratt's Bulletin says the volatility and one-way direction in soft commodity prices will spur more buying activity. He thinks potential limits by futures exchanges could stem further moves to the upside.
With commodities enjoying a robust start to 2012, some traders are concerned that crude oil and other hard assets are ripe for a fall.
In spite of the Thai government's warning that the world's largest exporter of rice could lose as much as a quarter of its crop because of the floods, analysts tell CNBC the potential shortfall is unlikely to impact prices.
Abah Ofon, director, agricultural commodities analyst at Standard Chartered, says that soybean prices will continue to outperform other grain markets.
Leif Lybecker Eskesen, chief economist for India & ASEAN at HSBC, talks about food price pressures in India and Southeast Asia.
Michael Langford, proprietary trader at StreamTrading.com., says the commodity market is positioning for higher prices on the back of optimism coming from Europe.
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