39% of entrepreneurs Industriales said that its productive activity is affected by some modality of Illicit tradereveals a recent study by the National Society of Industries (SNI). Among the affected companies, the most indicated illicit trade modalities by the entrepreneurs consulted are adulteration (29%), Undervaluation (27%), understood when a lower value is declared to pay […]
Tag: Rice
Price of chicken varies between S/8 and S/10 per kilo in retail markets
With information from Fiorella Alvarado / URPI-LR According to the latest report on poultry marketing and prices, published today by the Ministry of Agrarian Development and Irrigation (Midagri), the average price per kilo of chicken in retail markets was around S/10.47 last week. However, the sale of chicken decreased today to S/10 per kilo in […]
Guyana records 7% increase in rice production and 28% increase in sugar production in 2023
The government of Guyana reported this Sunday a seven percent increase in the production of rice this year, obtaining revenues of US$ 210 million and 28% in the production of sugarcompared to 2022. “In 2023 we saw an increase in rice production by seven percent, which translates into the production of 653,706 metric tons”said Agriculture […]
MEF modifies the price range for sugar, corn, rice and milk powder
The Ministry of Economy and Finance (MEF) updated the reference prices and additional variable duties, established in the Price Band System, for imports of corn, sugar, rice (shelled and milled) and powdered milk. Vice-ministerial resolution No. 020-2023-EF/15.01 establishes that the reference price for the corn It will be US$228 per metric ton (MT), while the […]
FAO maintains global cereal production forecasts for the 2023-2024 season
World cereal production will remain at the 2,819 million tons planned for the 2023-2024 season – after an increase announced last October -, reported the Organization of the United Nations Food and Agriculture Organization (FAO). This forecast represents a progress of 0.9% (26 million tons) compared to the previous 2022-2023 season, led by the coarse […]
FAO: world food prices remained stable in September
The reference index of international prices of food products that calculates the FAO remained largely stable in September as the decline in the prices of vegetable oils, dairy products and meat was offset by a notable increase in those of sugar and corn, the agency reported today. The Food and Agriculture Organization (FAO) food price […]
India now tightens export of basmati rice and danger over global prices soars
The India tightened its restrictions on the export of rice this Sunday, with limits on the sale abroad of the basmati variety that are added to the total ban on the trade of others of this cereal. Among the new measures announced by the Ministry of Commerce and Industry is the ban on exporting basmati […]
Food inflation due to El Niño would cost 1% of GDP
The occurrence of a Global El Niño phenomenon, coupled with a Coastal Niño over the last quarter of 2023, poses a significant risk over four regions that concentrate 25% of the national agricultural production, in addition to the provision of some of the most important foods in the basic Peruvian family basket, such as rice […]
Rice price shoots up and reaches its highest level in 15 years
The price of rice in Asia has reached its highest level in almost 15 years due to growing concerns about world supply and the impact that the drought could have on Thai production, Bloomberg Line reported. This situation could be aggravated by the fact that India, one of the largest exporters, has imposed restrictions on […]
Arsenal sign Rice from West Ham and Timber from Ajax for more than €160m
Arsenal are expected to announce a signing package in the coming days after reaching a deal with two players. According to The Athletic, the Gunners forwarded a deal with West Ham’s Declan Rice and Ajax’s Jurrien Timber. Both players will undergo medical tests in the next few hours and must make the transfer to Arsenal […]