Long Grain (IR64) Rice -Benefits and trade status - IR64 Buyers & Suppliers

Rice is a staple diet of a majority population across the globe. It is one of the most traded agricultural commodities in the international market. Some of the leading producers of rice in the world are China, India, Thailand, Bangladesh and Vietnam. India is the leading exporter of rice in the world for the year 2018/19. The country is home to both Basmati and non-Basmati rice. Some of the common varieties of rice being traded are Traditional basmati, 1121 Basmati, 1509 Basmati, 1401 Basmati, Sugandha basmati, Pusa Basmati, IR-64 non-Basmati rice and many more. IR-64 rice is one of the preferred choices in the domestic as well as international market.  Long grain rice suppliers in India have been making handsome profits over the years by trading IR-64 rice.

It is long-grain non-Basmati rice grow especially in Southern Indian states like Andhra Pradesh, Karnataka, Tamil Nadu. Maharashtra also control affair share to the production of IR-64 non-basmati rice. The commodity has seen a consistent consumption in countries of West Africa, Bangladesh and India of course. Its pleasant smell and nutritional value has kept the demand high for many years. Some of the main features of IR-64 rice are nice aroma, easily digestible, taste, quality, freshness and easy to cook. Though IR-64 long -grain rice resembles extra long grain Basmati rice, it is quite different.  The rice has a long shelf-life, high vitamin content and a natural aroma.

History of IR-64 rice dates back to almost 5-6 decades. High yielding varieties of rice were developed at the International Rice research institute. The move was beneficial for both the farmers and consumers. Yield per hectare increased while the cost decreased. Though not all the varieties of rice produced had the optimum quality. IR-64 developed in 1985 solved the issue of cooking. It possessed excellent cooking quality besides its high yielding properties. In India, it is being cultivated on over 10 million hectare of land. It has been a great replacement for Basmati rice in many part of the world. Because of its early maturity and improved quality, it find acceptance in a very quick time. Over the years numerous valuable genes were introduced into IR-64 through backcross breeding. Besides, IR-64 variety has also been extensively used for genetic analysis. It plays an essential role as a parent in breeding program. 

IR-64 rice holds the unique distinction of being the first variety to have both intermediate GT and intermediate amylase content. Texture of cooked rice is heavily dependent on these particular features and characteristics. However, these 2 features alone do not contribute to superior cooking quality from a laboratory sensory practice. Use of taste panels proved vital to establish the superior cooking quality of the rice. On a slightly negative side, the rice has been found to be sensitive to heat. However, to data this has not posed a major challenge. One great plus of the IR-64 rice variety is its resistance to blast disease consisting major gene resistance and partial resistance.

New IR 64 Rice Buyers face the issue of connecting directly with the sellers. Presence of a large no. of middlemen and intermediaries in the trade inflates the landing price for buyer to disproportionate level. It dampens the spirit of seller looking to procure in bulk. Existing B2B platforms like Trade India, and INDIA Mart does not address the deeper issues of the trade like payment security, end to end solutions, and best value for buyers and sellers. Identifying the service gap, TRADOLOGIE was established to address the unresolved concerns. It’s a next-generation, trade enabler, B2B platform that connects buyers and sellers directly. To, elaborate, it does more than simply connecting buyers and sellers. It employs technology to encourage live bidding among the participant sellers for an order quoted by the buyer with specific requirements. This concept of reverse bidding in a live environment ensures that the process is transparent and the buyer/seller receives the maximum value out of a transaction. As a matter of fact, buyers can save up to 20% in a B2B bulk marketplace like TRADOLOGIE. It also ensures that payment is secured for both parties. Transparency is the key to a business transaction. TRADOLOGIE just ensures that.  

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