Vietnam Exports 5.55 Million Tons of Rice During January 1 – November 20,
2014
Nov 24, 2014
Vietnam
exported around 5.549 million tons of rice in January 1 - November 20, 2014,
down about 10% from around 6.17 million tons of rice exported during January -
November, 2013, according to data from the Vietnam Food Association (VFA).
Average rice export price so far in this year stands at around $436 per ton
(FOB), up about $5 per ton from same time last year.
During
November 1-20, 2014, Vietnam exported around 190,194 tons of rice, down about
54% from around 410,423 tons rice exported in full month of November 2013, and
down about 67% from about 570,769 tons rice exported in full month of October
2014. Average export prices in so far in November stands at around $439 per
ton, down about 1% from a year ago, and down about 6% per ton from a month ago.
Oryza Afternoon Recap - Chicago Rough Rice Futures Trade Lower as Bearish
Grains Weigh on the Market
Nov 24, 2014
Chicago rough rice
futures for Jan delivery settled 15 cents per cwt (about $3 per ton) lower at
$12.445 per cwt (about $274 per ton). The other grains also closed lower today;
Soybeans closed about 0.5% lower at $10.3375 per bushel; wheat finished about
0.9% lower at $5.4225 per bushel, and corn finished the day about 1.4% lower at
$3.6750 per bushel.U.S. stocks mostly rose on Monday as investors drew cheer
from central-bank action to boost the global economy and from deal activity.
Monday's economic data had the U.S. services sector expanding in November at a
slower rate than the prior month as growth in new business slowed. Wavering on
either side of neutral, the Dow Jones Industrial Average was lately down 12.98
points, or 0.1%, at 17,797.08. After coming less than 2 points from its
intraday record hit Friday, the S&P 500 was lately up 3.03 points, or 0.2%,
at 2,066.53, with consumer discretionary and technology leading gains and
telecommunications and energy pacing losses among its 10 major industry groups.
The Nasdaq gained 28.20 points, or 0.6%, to 4,741.17. Gold is trading about
0.1% lower, crude oil is seen trading about 0.7% lower, and the U.S. dollar is
seen trading about 0.2% lower at about 1:00pm Chicago time.Friday, there
were 283 contracts traded, down from 745 contracts traded on Thursday. Open
interest – the number of contracts outstanding – on Friday deceased by 100
contracts to 9,683.
Oryza U.S. Rough Rice Recap - Prices Hold Steady on First Day of Short Week
Nov 24, 2014
The U.S. cash market
was unchanged today as both buyers and sellers were unwilling to compromise on
price.
Analysts report that
the bids and offers were roughly $0.25-$0.50 per cwt apart (about $6-$11 per
ton).
Going forward, the
markets’ focus will be on the latest Iraqi tender which will be awarded on
Friday, November 28, when the markets in the U.S. will be closed due to
the Thanksgiving holiday.
Rice Price Volatility in Myanmar Can be Reduced by Addressing Structural Causes,
Says World Bank Report
Nov 24, 2014
The
authors of the report noted that rice price volatility in Myanmar is due to
certain structural changes and addressing these would reduce these
volatilities. They say rice is grown in Myanmar only in November and December
and concentration of paddy production in just two months of the marketing year
is prone to several climatic vagaries impacting production. Added to this,
existing conditions such as fragmented seed market, poor roads, inadequate
communication, unreliable market information, low export diversification, high
storage costs and lack of post-harvest facilities are also contributing to
price volatilities.
They
say spreading production evenly throughout the year could reduce impact of
weather vagaries and investment in modern rice mills and post-harvest
facilities, communication facilities as well as enhancing rice market value
chain could stabilize prices in the long run. 'The World Bank’s country
director for Myanmar says, "There is a significant trade-off between
lowering price volatility with short-term measures and maintaining price
competitiveness. Long-term structural issues can be solved only through
investments in agriculture and infrastructure, improved business environment,
and social safety nets. Open trade policy should be the one and foremost policy
goal for Myanmar.”The report is the part of a series of reports produced by the
world Bank on Myanmar’s rice cultivation and industry.
Asia Rice Quotes Mixed Today
Nov 24, 2014
Thailand rice sellers
increased their quotes for Hommali rice by about $15 per ton to around
$865 - $875 per ton today. India and Pakistan rice sellers lowered most of
their quotes by about $5 - $15 per ton today. Vietnam rice sellers kept their
quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is
quoted at around $405 - $415 per ton, about $10 per ton premium on Vietnam 5%
rice shown at around $395 - $405 per ton. India 5% rice is quoted at around
$395 - $405 per ton, down about $15 per ton from Friday and about $15 per ton
premium on Pakistan 5% rice quoted at around $380 - $390 per ton, down about
$10 per ton from Friday.
25% Broken
Rice
Thailand 25% rice
was last quoted at around $350 - $360 per ton, about $5 per ton discount to
Vietnam 25% rice shown at around $355 - $365 per ton.
India 25% rice is
quoted at around $360 - $370, down about $10 per ton from Friday and about $25
per ton premium on Pakistan 25% rice quoted at around $335 - $345 per ton, down
about $15 per ton from Friday.
Parboiled Rice
Thailand parboiled
rice is quoted at around $405 - $415 per ton. India parboiled rice is quoted at
around $380 - $390 per ton, about $40 per ton discount to Pakistan parboiled
rice quoted at around $420 - $430 per ton, down about $5 per ton from Friday.
100% Broken Rice
Thailand broken
rice, A1 Super, is quoted at around $330 - $340 per ton, about $10 per
ton premium on Vietnam 100% broken rice shown at around $320 - $330 per
ton. India's 100% broken rice is shown at around $305 - $315 per ton, down
about $5 per ton from Friday and about $10 per ton discount to Pakistan broken
sortexed rice quoted at around $315 - $325 per ton, down about $5 per ton from
Friday.
UNISAME Calls for Efficient Planning and Diligent Policies to Enhance
Pakistan Rice Exports
Nov 24, 2014
The
UNISAME President also noted that increased cost of production is another
factor affecting the country's rice sector. Recently, export prices have
plunged below production costs and the famers are losing incomes.He also noted
that several restrictions in Pakistan are depriving Pakistan rice exporters in
striking quick deals. For instance, Pakistan rice exporters have to get their
consignment approved by the Quality Review Committee (QRC) before shipping.
UNISAME had been for long seeking the closure of QPC, but it has not been
closed so far. India does not have such pre-shipping restrictions, he adds. Due
to these reasons, India is in a position to offer relatively lower prices for
overseas customers.
The
UNISAME President had advised the Trade Development Authority of Pakistan
(TDAP) to conduct trade fairs in the Europe to promote Pakistan's basmati rice
but the government has not so far made successful attempts in this regard. On
the other hand, Indian basmati brands have been dominating several super
markets.He noted that the government should take proactive and long-term
measures to increase exports and incomes of rice farmers instead of reacting to
an event.
TREA Seeks Government Intervention as Thai Hom Mali Rice Prices Decline to
One Year Low
Nov 24, 2014
The
export prices of Thai Grade B Hom Mali rice also declined about 18%
year-on-year to one year-low of around $863 per ton from around $1,053 per
ton.The President of the Thai Rice Exporters Association (TREA) noted that
paddy prices for 2014-15 crop are almost 50% lower than the prices offered by
the previous government under the controversial rice pledging scheme.
Currently, Hom Mali paddy is offered around 9,000 - 12,000 baht (around $274 -
$365) per ton from around 16,000 baht (around $487) per ton offered last year.
Similarly, stick paddy is offered around 7,000 - 8,000 baht (around $213 -
$244) per ton compared to around 13,000 baht (around $396) per ton last year.
He
urged the government to intervene and push up paddy prices. He noted that the
government could encourage top rice exporters to buy at least 100,000 tons of
rice from the current crop and expand their stocks.Last month, the government
asked exporters to delay sales of about 2 million tons of rice to ensure that
increased supplies from the upcoming harvest season do not put downward
pressure on prices. The government is expecting around 6 million tons of Hom
Mali rice from the current harvest.
The
Commerce Minister told told local sources that the government will take certain
measures to stabilize the price of Thai Hom Mali rice at around 15,000 - 16,000
baht (around $457-$487) per ton. The prescribed rate called the 'median rate'
will be announced after approval from the National Rice Policy Committee, he
said. The Minister noted that millers and exporters should buy Hom Mali rice
from farmers at the 'median rate' and farmers are also educated about the
'median rate' so that they don't end up selling at a loss. He added that the
duration of the 'median price' will depend on global prices. However, such a
median price had not been announced so far.
Tags: Thailand rice Hom Mali rice prices, Thai rice Hom Mali rice export prices, All India Rice Exports Association (TREA)
Pakistan Rice Exporters Oppose Government Rice Procurement Policy
Nov 24, 2014
Pakistan
rice exporters are opposing the rice procurement policy by the government
saying it would affect exports by the country as well as destabilize the
private sector, which plays a vital role in enhancing rice exports and earning
foreign exchange to the country, according to local sources.The Chairman of the
Rice Exporters Association of Pakistan (REAP) was quoted as saying in a
statement that the government's interference in the rice procurement activity
to guarantee high prices to farmers may lead to eventually losing traditional
rice export markets. He noted that when the government procures rice at high
prices, it will not be ready to sell at lesser prices and may end up with huge
stocks. He added that the government may have to compromise later to get rid of
the stocks.
The
REAP Chairman made these comments in the light of Pakistan’s rice sector facing
several problems due to increasing input prices, excessive load shedding and declining
local prices. The farmers have been demanding subsidies on seeds, fertilizers,
land and electricity. Normally governments intervene in such situations by
offering to buy paddy from farmers at above-market prices. Foreseeing such a
move, the REAP Chairman cautioned the government not to procure rice from
farmers , rather he said the government may support the rice farmers and other
stakeholders through offering free seeds, free pesticides, free water,
free fertiliser and free electricity as well as through setting up adequate
infrastructure and technology.
Tags: Pakistan rice sector, Pakistan rice exports, Pakistan rice farmers, Rice Exporters Association of Pakistan (REAP)
Follow August 15 Deadline to Tackle Gall Midge Infection in Rice Plants
Nov 24, 2014
Oryza: Gall Midge is an equally
notorious pest that affects the rice plant. What are the symptoms the farmer
should watch out for?
Dr Mallikharjuna: The Gall midge (Orseolia oryza) adult is about the size of a mosquito, its abdomen is bright red, while the males are darker in colour. It is a key pest of irrigated and rainfed shallow lowland rice. It is endemic to many parts of India.
Dr Mallikharjuna: The Gall midge (Orseolia oryza) adult is about the size of a mosquito, its abdomen is bright red, while the males are darker in colour. It is a key pest of irrigated and rainfed shallow lowland rice. It is endemic to many parts of India.
Damage symptoms:
- The maggots of
this pest cause damage by feeding on the growing tips resulting in elongation
of the leaf sheath into a gall.
- The gall resembling an onion leaf, glistens in the field and hence called a "Silver shoot".
- The gall forming tiller does not bear a panicle.
- Early infestation results in profuse tillering of the plants, but most of these new tillers often also become infested.
- The gall resembling an onion leaf, glistens in the field and hence called a "Silver shoot".
- The gall forming tiller does not bear a panicle.
- Early infestation results in profuse tillering of the plants, but most of these new tillers often also become infested.
Oryza: What do you suggest towards
management of the pest?
Dr Mallikharjuna: Early planting wherever possible is the best method of control. The crop must complete tillering before August 15.
- If late planting is inevitable, gallmidge resistant varieties like Surekha, Phalguna, Kavya, Polasa prabha, Siddi may be grown.
- If susceptible varieties are grown insecticidal treatment should be given.
- Seven to ten days after sowing, apply Carbofuran 3G @ 16 Kg/ac or Phorate 10 G @ 5 Kg/ac in a thin film of water or spray monocrotophos @ 1.6 ml or chlorpyriphos 2ml/lt. of water twice at 10 and 20 days after germination of seed.
- Apply carbofuran 3G @ 10Kg/acre or phorate 10 G @ 5 kg/acre, at 15-20 days after planting if silver shoots are 5%.
Dr Mallikharjuna: Early planting wherever possible is the best method of control. The crop must complete tillering before August 15.
- If late planting is inevitable, gallmidge resistant varieties like Surekha, Phalguna, Kavya, Polasa prabha, Siddi may be grown.
- If susceptible varieties are grown insecticidal treatment should be given.
- Seven to ten days after sowing, apply Carbofuran 3G @ 16 Kg/ac or Phorate 10 G @ 5 Kg/ac in a thin film of water or spray monocrotophos @ 1.6 ml or chlorpyriphos 2ml/lt. of water twice at 10 and 20 days after germination of seed.
- Apply carbofuran 3G @ 10Kg/acre or phorate 10 G @ 5 kg/acre, at 15-20 days after planting if silver shoots are 5%.
Oryza: Rice thrips is an equally
annoying problem. What solutions do we have currently?
Dr Dr Mallikharjuna: This pest, Stenchaetothrips biformis (Bagnall) occurs in rainfed rice and most abundant during spells of dry weather. Both nymphs and adults suck the cell sap from leaves.
Damage symptoms:
- Feeding of thrips causes yellowish streaks initially and the leaves curl longitudinally from the margins inwards leading to sharply pointed leaf tips resembling that of needles, which finally wither.
-In severely infested areas, the plants become lanky and present a sickly appearance.
- Infestation at panicle stage causes sterility.
Control measures:
-Spray monocrotophos 1.6 ml or chlorpyriphos 2.5 ml/litre of water.
Rice hispa: The hispa, Dicladispa armigera (Oliver) is bluish balck in colour and has many spines on its body. It is a minor pest earlier, presently it has attained key pest status in india.
Dr Dr Mallikharjuna: This pest, Stenchaetothrips biformis (Bagnall) occurs in rainfed rice and most abundant during spells of dry weather. Both nymphs and adults suck the cell sap from leaves.
Damage symptoms:
- Feeding of thrips causes yellowish streaks initially and the leaves curl longitudinally from the margins inwards leading to sharply pointed leaf tips resembling that of needles, which finally wither.
-In severely infested areas, the plants become lanky and present a sickly appearance.
- Infestation at panicle stage causes sterility.
Control measures:
-Spray monocrotophos 1.6 ml or chlorpyriphos 2.5 ml/litre of water.
Rice hispa: The hispa, Dicladispa armigera (Oliver) is bluish balck in colour and has many spines on its body. It is a minor pest earlier, presently it has attained key pest status in india.
Damage symptoms:
- Grubs mine into the leaves and feed from within whereas adults feed by scraping the chlorophyll content of leaves resulting in longitudinal white stripes.
- In severe epidemics, the leaves dry up gives burnt appearance.
- Grubs mine into the leaves and feed from within whereas adults feed by scraping the chlorophyll content of leaves resulting in longitudinal white stripes.
- In severe epidemics, the leaves dry up gives burnt appearance.
Control measures:
-Clipping of leaf tips of rice seedlings at the time of transplantation.
- Spray profenophos @2ml or monocrotophos @1.6 ml or chlorpyriphos @ 2.5 ml/litre of water.
-Clipping of leaf tips of rice seedlings at the time of transplantation.
- Spray profenophos @2ml or monocrotophos @1.6 ml or chlorpyriphos @ 2.5 ml/litre of water.
Oryza: Swarming caterpillar is another
pest that can cause severe damage especially in the aftermath of a flood. How
should it be tackled?
Dr Dr Mallikharjuna: The swarming caterpillar, Spodoptera mauritia is an occasional pest. The outbreaks occur immediately after floods, when the water recedes from the field.
Damage symptoms:
-Caterpillar feed voraciously on leaves by cutting off the leaf tips, leaf margins, leaf blade and even the plants at base.
-The attacked paddy field gives a grazed appearance.
Control:
- Remove the weeds both in the field and on bunds
-Fill the paddy nursery with irrigation water to expose the larvae to predators like birds.
- Spray chlorpyriphos 2.5 ml or monocrotophos 1.6 ml/litre of water along with dichlorvos @1 ml during evening hours.
Dr Dr Mallikharjuna: The swarming caterpillar, Spodoptera mauritia is an occasional pest. The outbreaks occur immediately after floods, when the water recedes from the field.
Damage symptoms:
-Caterpillar feed voraciously on leaves by cutting off the leaf tips, leaf margins, leaf blade and even the plants at base.
-The attacked paddy field gives a grazed appearance.
Control:
- Remove the weeds both in the field and on bunds
-Fill the paddy nursery with irrigation water to expose the larvae to predators like birds.
- Spray chlorpyriphos 2.5 ml or monocrotophos 1.6 ml/litre of water along with dichlorvos @1 ml during evening hours.
November 24th, 2014
Long grain white rice - high quality
Thailand 100% B
grade 420-430 ↔
Vietnam 5% broken 395-405 ↔
India 5% broken 395-405 ↓
Pakistan 5% broken 380-390 ↓
Cambodia 5% broken 455-465 ↔
U.S. 4% broken 540-550 ↔
Uruguay 5% broken 595-605 ↔
Argentina 5% broken 595-605 ↔
Long grain white rice - low quality
Thailand 25% broken NQ ↔
Vietnam 25% broken 355-365 ↔
Pakistan 25% broken 335-345 ↓
Cambodia 25% broken NQ ↔
India 25% broken 360-370 ↓
U.S. 15% broken 510-520 ↔
Long grain parboiled rice
Thailand parboiled
100% stxd 405-415 ↔
Pakistan parboiled
5% broken stxd 420-430 ↓
India parboiled 5%
broken stxd 380-390 ↔
U.S. parboiled 4%
broken 580-590 ↔
Brazil parboiled 5%
broken 570-580 ↔
Uruguay parboiled 5%
broken NQ ↔
Long grain fragrant rice
Thailand Hommali 92%
865-875 ↑
Vietnam Jasmine 530-540 ↔
India basmati 2%
broken NQ ↔
Pakistan basmati 2%
broken NQ ↔
Cambodia Phka Malis 835-845 ↔
Brokens
Thailand A1 Super 330-340 ↔
Vietnam 100% broken 320-330 ↔
Pakistan 100% broken
stxd 315-325 ↓
Cambodia A1 Super NQ ↔
India 100% Broken
stxd 305-315 ↓
Egypt medium grain
brokens NQ ↔
U.S. pet food 445-455 ↔
Brazil half grain NQ ↔
All prices USD per
ton, FOB vessel, oryza.com
News have been shared with due permission of ORYZA
