BANGKOK, Aug 14- Thailand's military government will likely cut the floor price for sales from the country's mammoth rice stocks after it failed to shift any grain in its first tender last week, a senior government official said on Thursday.» Read More
Common grade Thai 5 percent white rice was offered at $430 per tonne, up from $420 last week. In Vietnam, the price of low-quality 25- percent broken rice rose around 5 percent from $365 to $370 to $385 to $390 a tonne, the highest in nearly seven months, driven up by limited supply and regional buying, traders said.
LAUNCESTON, Australia, July 3- Thai rice prices have bounced off a 6-1/ 2- year low, but a sustained rally looks unlikely as long as the huge stockpile built up under the former government's disastrous subsidy scheme remains unsold.
*Soybeans firm on bargain buying, exports. *Corn following wheat higher after hitting four-month low. Wheat futures rose on support from short-covering as well as disappointing harvest yields in key hard red winter wheat-growing areas of the U.S.
*Soybeans firm on bargain buying, exports. *Corn following wheat higher after hitting four-month low. Corn followed wheat higher, with short-covering also noted after the front-month contract dropped to a four-month low on Tuesday.
*Soybeans drop below $14, fund selling noted. CHICAGO, June 17- U.S. soybean futures fell 1.6 percent at the Chicago Board of Trade on Tuesday, dropping below $14 a bushel for the first time since March 24, on the easing of pressure on the U.S. balance sheet, traders said.
*USDA crop ratings expected to be bearish for corn, soybeans. CHICAGO, June 16- Chicago Board of Trade corn futures dropped 1.3 percent on Monday on expectations of a robust U.S. harvest this fall due to good crop weather across the U.S.
*Wheat hits lowest since late Feb after firm start. *USDA crop ratings expected to be bearish for corn, soybeans. CHICAGO, June 16- Chicago Board of Trade corn futures dropped 1.3 percent on Monday on expectations of a robust U.S. harvest this fall due to good crop weather across the U.S.
LONDON, May 6- War-torn Syria is struggling to buy food commodities in the quantities it needs, despite repeatedly issuing tenders for hundreds of thousands of tonnes of sugar, rice and wheat, trade sources say.
MANILA, April 28- The Philippines' state grains procurement agency has awarded deals to supply the country with 800,000 tonnes of rice to two Vietnamese exporters. The National Food Authority approved prices offered by Vietnam's state-owned rice exporters Vinafood 1 and 2 at a tender on April 15, NFA Administrator Orlan Agbin Calayag said on Monday.
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.
MANILA, April 15- Two state-owned Vietnamese companies looked set to win deals to supply a total of 800,000 tonnes of rice to the Philippines, the Southeast Asian nation's biggest purchase of the grain in three years as it looks to bolster dwindling stocks.
BANGKOK, March 28- Thai rice prices have been tumbling and are expected to keep dropping over the next few weeks as more supply comes to market and after the government was forced to shelve a controversial scheme to support farmers.
MANILA, March 26- The Philippines plans to import 800,000 tonnes of rice via a tender set for April 15, looking to bolster stockpiles for the second half of the year when little of the staple grain is harvested domestically, government officials said.
*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.
In two weeks, Girl Scouts will descend upon supermarkets and businesses to peddle boxes of cookies, tempting people with a new gluten-free cookie.
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.