Browsing Tag

Rice Exporter

India predicted to take over as world’s top rice exporter

November 17, 2012 India’s global rice exports could top 10 million tonnes in the fiscal year ending next March, industry officials said Thursday. Thailand, the world’s No. 1 rice exporter, is in danger of losing its top position for the first time since 1983 because of a government intervention scheme that has pushed Thai export prices up to uncompetitive levels. Forecasts from the the United States Department of Agriculture (USDA) show that India, which resumed exports in September…

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