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May 01, 2025 News Image USDA Forecasts 3.9 Million Ton Drop in Indonesia's Rice Imports by 2025.
The United States Department of Agriculture (USDA) projects that Indonesia’s rice imports will fall to 800,000 tons in 2025, a drop of 3.9 million tons, as domestic rice production improves. This projection was included in the April 2025 edition of the Rice Outlook report, released on Monday, April 14. According to the USDA, Indonesia’s rice stockpile for the 2024/2025 period is expected to increase by 0.6 million tons, reaching nearly 5 million tons. This rise is attributed to a larger harvest.
 Source:  en.tempo.co
May 01, 2025 News Image Japan supermarket rice prices up for 16th straight week, imports seen jumping.
Japanese supermarket rice prices rose for the 16th straight week and doubled from a year ago, the agriculture ministry said on Monday, despite the government's release of the staple grain from its emergency stockpile to lower prices. In the week to April 20, prices rose 3 yen from the previous week to average 4,220 yen ($29.38) per 5 kg, the data showed.
 Source:  reuters.com
May 01, 2025 News Image FSSAI launches new digital tool for consumers to report misleading claims on labels.
The Food Safety and Standards Authority of India (FSSAI) on Wednesday said that it has has introduced a new digital utility tool that will enable consumers to directly report misleading claims made on food product labels. It said this move is aligned with its Advertisement and Claims Monitoring Committee and will strengthen ground-level vigilance. 'Consumers can now lodge complaints regarding misleading or false claims displayed on packaged food items through the Food Safety Connect mobile application or via Food Safety Compliance System. This initiative is part of FSSAI’s ongoing efforts to promote transparency, protect consumer rights and strengthen food safety regulations in the country,' it said in an official statement.
 Source:  thehindubusinessline.com
May 01, 2025 News Image Time to break-free from paddy for sustainable agriculture in India.
The Indian agriculture sector is at a crucial juncture. Intensive paddy cultivation has been the cornerstone of the sector for decades now, providing livelihoods for millions of people. However, this practice now poses a significant roadblock in India’s journey towards sustainability. As per the latest estimate of 2023-24, paddy cultivation in India occupies an area of 47.82 million hectares (Mha), accounting for 36 per cent of the total area under foodgrain production. It is projected that if the resource-intensive methods and the intensity of paddy production remain unchanged, then methane (CH4) and nitrous oxide (N2O) emissions from paddy cultivation could increase by 35–60 per cent, by 2030. This can be accredited to over-irrigation of paddy fields, over-application of fertilizers, and paddy residue burning.
 Source:  business-standard.com
May 01, 2025 News Image Agriculture Trade Nominee Names India, EU as Focus for Exports.
Developing greater agricultural market access in India and the European Union for American farmers are key targets for the Trump administration’s nominee to lead the US Agriculture Department’s trade mission, he told senators Tuesday. Luke Lindberg said he’s excited to build on the administration’s efforts to secure a trade deal with India and expressed concern about a '$23.6 billion trade deficit' with the European Union during a Senate Agriculture Committee hearing considering his nomination as USDA’s under secretary for trade and foreign agricultural affairs.
 Source:  news.bgov.com
May 01, 2025 News Image Commerce Min seeks exporters' views on schemes under export promotion plan.
The commerce ministry has sought views of export promotion councils (EPCs) on the different schemes which the government is framing under the export promotion mission announced in the Union Budget, an industry official said. The councils will have to submit their comments by tomorrow to the Directorate General of Foreign Trade (DGFT), the official said.
 Source:  business-standard.com
May 01, 2025 News Image Japanese Investors’ Strategic Shift To India From China And ASEAN, To Rein In Global Trade Tensions – Analysis.
China and ASEAN have always been the prime destinations for Japanese investment in Asia. But, there was a turnaround in the trajectory of investment destination with global trade tension intensifying. India emerged as the second biggest destination for Japanese investment in Asia, followed by China and ASEAN (except Singapore) in 2023 and 2024.
 Source:  eurasiareview.com
May 01, 2025 News Image Indian trade deal talks moving well, much easier to negotiate with India: US Treasury Secretary Bessent.
The US is 'The US is 'very close' on a trade deal with India, US Treasury Secretary Scott Bessent said Tuesday, noting that it is much easier to negotiate with Delhi because of the high tariffs and talks with the country are 'moving well.' Bessent made these remarks at a press briefing in the White House. Earlier, on Monday, he told CNBC that India is likely to be among the first countries to finalise a bilateral trade agreement with the US to avert reciprocal tariffs.
 Source:  economictimes.indiatimes.com
May 01, 2025 News Image Piyush Goyal meets Norway's foreign minister Eide, discusses India-EFTA trade pact implementation.
Commerce Minister Piyush Goyal held a bilateral meeting with the Norwegian Minister of Foreign Affairs Espen Barth Eide, where they discussed the implementation of the India-EFTA Trade and Economic Partnership Agreement. 'We discussed the implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA), strengthening bilateral ties, and boosting trade and investment between our nations,' Piyush Goyal wrote on X after the meeting.
 Source:  economictimes.indiatimes.com
May 01, 2025 News Image To complete London trade Bridge, Piyush Goyal set to visit UK again soon.
Commerce and industry minister Piyush Goyal may travel to London again later this week in an attempt to resolve the four-five thorny issues that still remain and announce the conclusion of negotiations for the India-UK free trade agreement (FTA), people in the know of the development said. The minister was in the UK Monday and Tuesday when an announcement on the FTA was expected.
 Source:  economictimes.indiatimes.com