Thailand
ranks no.1 rice exporter in 2014
BANGKOK, 4 Jan 2015 - Thailand has reclaimed its rank as no.1 rice
exporter in 2014 thanks to her adjustment of marketing strategies, which
prompted the demand in foreign markets to jump.The Thai Rice Exporters
Association attributed the achievement to the country’s decision to lower rice
prices in line with those of other exporting countries, leading to a boost in
the country's competitiveness. Thailand’s rice export volume in 2014 rose by 66
percent to 10.9 million tons.As for jasmine rice export, the country was
however unable to outperform Cambodia and Vietnam, which last year produced
higher outputs at a lower price.
The release of Thai jasmine rice, which had been pledged at high
prices under the rice pledging scheme, prompted the Thai jasmine rice to be
more expensive than that of other countries.The Thai Rice Exporters Association
has estimated this year’s rice export volume at 10 million tons, as the
situation in the country’s market has returned to normal. It has also predicted
that the drought crisis and the less tempting price would cause the off-season
yields to drop by 30 percent--to six to seven million tons this year. In
addition, the production costs of the off-season rice are unusually high given
it has to be cultivated in the dry season, the release of the government's
stockpiled rice must, therefore, be well-timed.
http://www.pattayamail.com/news/thailand-ranks-no-1-rice-exporter-in-2014-44762#sthash.EBuErIVp.dpuf
Cambodia unlikely to achieve
1-million-ton rice export by 2015: commerce minister
Cambodian Minister of Commerce Sun Chanthol (C)
speaks to media in Phnom Penh, Cambodia, Feb. 6, 2015. Sun Chanthol said Friday
that the country is unlikely to achieve its self-imposed target of exporting
one million tons of milled rice by 2015 due to lack of milling capacity and
funding. (Xinhua/Phearum)
PHNOM PENH, Feb. 6 (Xinhua) -- Cambodian Minister of Commerce Sun
Chanthol said Friday that the country is unlikely to achieve its self-imposed
target of exporting one million tons of milled rice by 2015 due to lack of
milling capacity and funding.The country set the target in 2010. "Last
year, we had exported only 387,000 tons of milled rice, so it is difficult for
us to achieve the target," he told reporters after the annual conference
of the Cambodia Rice Federation. "However, we are trying to find new
foreign markets for our rice.
"The minister said he will visit Russia next
month. During the visit, he will try to open markets in Russia for Cambodian
milled rice.According to Sun Chanthol, China had signed to buy 100,000 tons of
Cambodian milled rice from August last year to April this year. So far,
Cambodia has exported nearly 70,000 tons to China.Cambodia produced over 9
million tons of paddy rice a year. With the amount, it has over 3 million tons
of milled rice left over for exports per year.Five main buyers of Cambodian
rice are France, Poland, Malaysia, China, and the Netherlands.
Rice output to decline, surplus
will remain
Linda Yulisman, The Jakarta Post, JakartaDespite the
government’s massive efforts to boost productivity | Business | Fri, February
06 2015, 8:30 AM
Farmer power: Farmers plant rice in
a paddy field in Tumbihe village, Bone Bolango regency, Gorontalo, on Thursday.
The Central Statistics Agency (BPS) recorded that the farmer’s exchange value
(NTP), an indication of farmers’ purchasing power, increased to 101.23 in
January from 100.62 in December 2014. JP/Syamsul
Huda.
Despite the government’s massive efforts to boost productivity,
rice production is expected to decline this year because of a forecast long dry
season.The country’s unhusked rice output would dip by 0.95 percent to 71.28
million tons this year, from 70.6 million tons in 2014, according to the
Agriculture Ministry’s director general for food crops, Hasil Sembiring.
“We will have a long dry season
this year, which will result in lower output, in contrast to a wetter season
that contributes to higher output,” he said on the sidelines of a hearing at
the House of Representatives.Hasil said that despite shrinking output, there
would still be a surplus of 8.2 million tons of unhusked rice this year. Based
on weather forecasts from international climate agencies, the ministry
predicted there would be a weak El Nino from Oct. 2014 to Jan. 2015. The early
planting season began in October and November, while the second one will begin
in mid-February.The Agriculture Ministry has earmarked at least Rp 30 trillion
(US$2.38 billion) to finance programs to help boost rice production, including
development and improvements to irrigation infrastructure, distribution of
seeds and fertilizers and expansion of planting areas.The government will
attempt to extend the existing productive farmland by around 2.6 million
hectares to between 15-16 million hectares.As of January, harvested rice
covered around 680,000 hectares; it is expected to surge to 1.2 million
hectares in February. Lower annual rice production may push up food prices,
always a key concern in Indonesia, the world’s fourth most populous nation with
250 million people, for whom rice is a staple food.Rice prices have been
manageable in the first month of this year, with rice only contributing 0.07
percent to January’s 0.24 percent inflation rate.
Rice consumption per capita in the country will reach 124
kilograms this year, according to data from the Agriculture Ministry. When
asked about the possibility of imports because of reduced rice output, Hasil
said that the government was determined to avoid imports to comply with the
mandate given by President Joko “Jokowi” Widodo. Agriculture Minister Amran Sulaiman
has vowed to raise production of staple foods, including rice, in the next
three to four years, to completely stop imports.
“We will have a surplus and we have planned massive programs to
help increase local production,” Hasil said.Indonesia, the world’s
third-largest rice consumer, was self-sufficient in rice in 2008 and 2009, but
started to import the key staple food in 2010 after stockpiles fell and
harvests failed to meet targets.Institute for the Development of Economics and
Finance (Indef) economist Bustanul Arifin said that the decline in production
was in line with expectations as the planting season was late.
“If we don’t want to see output decline this year, rice crop
maintenance must be improved, as during the rainy season rice is vulnerable to
pests,” Bustanul said, adding that rice drying was a key activity in
post-harvest management.
USA Rice Makes Annual Report to Arkansas Rice
Research and Promotion Board
USA Rice CEO Betsy Ward
LITTLE ROCK, AR -- USA Rice Federation President & CEO Betsy
Ward, together with Vice President of Communications, Marketing, & Domestic
Promotion Michael Klein presented the annual USA Rice Council report to the
Arkansas Rice Research and Promotion Board (ARRPB) here yesterday.Ward provided
the board with a financial report and results of the audits for all five
organizations overseen by USA Rice, and then focused her presentation on
international market challenges the U.S. rice industry is facing in Cuba, Iraq,
China, Central America, and our number one market, Mexico. 
"With 64 totally new Members of Congress we need to educate on
rice issues, several delicate trade deals possibly coming to their conclusion,
and our regular challenges, it sometimes feels like we're working in a three
ring circus," Ward remarked.
"We know things out in the countryside are tough right now, and we
are constantly looking for ways to improve the viability of rice
farming."Ward took several questions on the situation in Iraq, Cuba, and
food safety concerns, and in both cases the message was keeping the pressure
on."We've applied a great deal of pressure on Iraq and we've seen results,
but clearly we need to keep pushing," she said. "This will be a top priority issue at
our Government Affairs Conference in Washington in a few weeks."
Pakistan Basmati Rice Export Prices Continue to Decline Amid
Increasing Supplies and Weak Demand
Feb 06, 2015
Pakistan basmati rice prices,
which have been declining since September 2014 have continued to decline in
January 2105 as well due to increasing supplies and declining export demand.
The decline has been in line with the global rice export prices. Especially
rice import ban by Iran has affected both India and Pakistan basmati rice
export prices.
In January 2015, Pakistan's
basmati rice export prices have declined about 1% to around $876 per ton from
around $885 per ton in December 2014, and down about 37% from their year-ago
levels of around $1,396 per ton, according to data from the UN's Food and
Agriculture Organization (FAO).
In terms of local currency,
average Pakistan basmati rice prices in January 2015 declined to around PKR
88,305 per ton (using historical exchange rates), marginally down from around
PKR 88,350 per ton in December 2014, and down about 39% from around PKR 145,603
per ton in January 2014.
Average basmati rice prices
increased between August and September 2014 and peaked to around $1,450 per ton
in September 2014 due to fears of a fall in production as floods affected large
area of basmati rice acreage in Punjab. However, the overall production
of basmati rice has not been significantly affected by floods. Pakistan basmati
growers associations have been urging the government to provide adequate
support to increase competitiveness of Pakistan's basmati rice in the global
market.
Source with thanks: ORYZA.com
USA Rice Attends Cuba Interest Meeting with Arkansas
Legislators
Betsy Ward with Arkansas House Agriculture Committee member
Representative David Hillman
LITTLE ROCK, AR
-- USA Rice Federation President & CEO Betsy Ward attended a joint meeting
of the Arkansas House and Senate Agriculture Committees here yesterday to
discuss the potential impact the Cuban market will have on Arkansas
agriculture.The meeting, organized by the University of Arkansas Division of
Agriculture and sponsored by the Arkansas Rice Federation and the Poultry
Federation, was attended by members of both the Senate and House agriculture
committees who heard several presentations on this emerging market.
University of Arkansas's Dr. Eric Wailes discussed historical ag
trade trends between the U.S. and Cuba; Marvin Childers of the Poultry
Federation presented the poultry perspective on trade; and Riceland Foods' Bill
Reed and Terry Harris shared the outlook for rice, including several personal
anecdotes about travel they've undertaken to the Island. Arkansas Farm Bureau's Warren Carter added an
overall farmer's perspective as well.
Riceland Food's Terry Harris
knows the Cuban rice market
inside and out
"It was
important for the state legislators to hear the enormous potential this market
has for U.S. agriculture, particularly in Arkansas when it comes to chicken and
rice, but also for them to hear the many challenges that remain," Ward
said. "Ideally we'd like Congress and
the Administration to hear from the state legislators and governors about how
important the Cuban market is."
CME Group/Closing Rough Rice
Futures
|
Source with thanks: USA
Rice Federation
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