At Least 33 Retailers Applied for No-Bid Contracts for Rice, Farm Ministry Says

Rice Purchase Applications Halted Amid Huge Demand; Government Expects to Reach 200,000 Ton Limit for Release

Amid a flood of purchase applications from major retailers, the government is now expected to reach its 200,000-ton limit for releasing state-stockpiled rice that was harvested in 2022, according to the agriculture ministry.

Half of Japan's stockpiled rice sought by retailers under new scheme

More than 30 companies have applied to purchase over half of the 300,000 tons of stockpiled rice Japan plans to release through direct sales contracts with major retailers, the farm ministry said Tuesday, just a day after launching a new scheme to curb elevated rice prices. Applicants, including supermarket giant…

At least 33 retailers applied for no-bid contracts for rice, farm ministry says

The ministry is planning to sign contracts with retailers that have applied by Wednesday and hand them the stockpiled rice as early as Thursday.

Could this be the catalyst for the Reiwa "rice riots" that show no signs of ending? On May 26, the Ministry of Agriculture, Forestry and Fisheries announced that the bidding system that had been in place until April for the sale of stockpiled rice to businesses, which had been in place to stabilize rice distribution, would be changed to a bidding system from May...

The measure seeks to guarantee the domestic supply of rice and maize, and to combat speculation that has raised prices in the market, said Wednesday the Minister of Rural Development and Lands, Yamil Flores.

Rice industry: First crop surpasses target – Minister Mustapha - Guyana Chronicle

MINISTER of Agriculture Zulfikar Mustapha has announced that the rice industry’s target for the first crop of this year has already been surpassed, marking a strong start toward meeting the overall national goal of 824,000 tonnes for 2025. During a recent outreach to Berbice, Minister Mustapha shared the positive update, citing improvements across multiple areas […]