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Qatar's Hassad Foods buys key stake in Indian firmHassad Food, a unit of Qatar Investment Authority (QIA), said it has acquired a majority stake in Indian rice seller Bush Foods Overseas, which also specializes in value added processed foods and international brands. Hassad Food More… |
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India trumps Pakistan's Iran rice trade boomIran's oil export revenues are helping Indian rice exporters to claw back some of the lucrative business lost to cross-border truckers in Pakistan as a result of Western sanctions. Indian rice exports direct to Iran have bounc More… |
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Asia rice market playing chickenThere's something quite curious afoot in Asia's rice markets with prices near a seven-month high even as stockpiles across the region remain at elevated levels and exports slump, says an analyst. It's not just Thailand's inventories that a More… |
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Wheels begin to turn in India's farm revolutionThe world's second-biggest producer of rice, wheat and sugar, India has slowly started embracing mechanization after centuries of farming with methods the United States threw out with the British, say analysts. Interviews with farmers, More… |
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China should farm more abroad: expertsChina, the world's most populous country and biggest consumer of grain, should expand its farming overseas to ensure enough food for its people because of limited land and low productivity at home, agriculture experts said. China's farm tr More… |
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Sanctions bite Iran traders even in OmanIranian traders in Oman, struggling to secure financing because of Western economic sanctions against Tehran, are raising loans from sympathetic Omani businessmen in order to ship foodstuffs to Iran, the traders say. "Local banks don't gi More… |
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Iran sanctions disrupt food importsMore evidence emerged of the crippling impact of new sanctions on Iran, with international traders saying Tehran is having trouble buying rice, cooking oil and other staples to feed its 74 million people weeks before an election. New US f More… |
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Iran sanctions disrupt food importsMore evidence emerged of the crippling impact of new sanctions on Iran, with international traders saying Tehran is having trouble buying rice, cooking oil and other staples to feed its 74 million people weeks before an election. New US f More… |
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Iraq buys 150,000 T rice from India, PakistanIraq's state grain board has purchased about 150,000 tonnes of rice from Pakistan and India in an international tender for at least 30,000 tonnes which closed on Dec. 18 with offers remaining valid until Dec. 22, European traders said on Tuesday. More… |
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Egypt's GASC buys 234,000 tonnes riceEgypt's main state grain buyer, the General Authority for Supply Commodities (GASC), said it had bought 234,000 tonnes of rice in a tender, adding that the rice was imported but that it was already in Egypt. Of the total, GASC bought 213,0 More… |
