Behind-the-scenes work on the next farm bill was top of mind for Agri-Pulse readers in 2023, with stories about marker bills and lobbying movement heavily featured in the year’s most-read stories.
India rice export ban: Output could fall as much as 8% from last year s record despite an increase in area under paddy, according to various forecasts.
India has defended its export ban on rice, stating that it is a regulation rather than a restriction and is necessary for the food security of its 1.4 billion people. India reiterated its commitment to ensuring food security in importing countries through exemptions granted upon request. The government has allowed exports of non-basmati rice to Bhutan, UAE, Mauritius, and Singapore.
The ban has led to a steep spike in rice prices across the globe, breaking the 12-year ceiling. The rice price index rose 2.8 percent in July from a month ago to its highest level in nearly 12 years