2015 Arkansas Rice Pocket Guide Now Available
May 04, 2015
The U.S. state of Arkansas is a major rice producer and a
center for rice research and development. Agfax.com reports that the latest
copy of the 2015 Rice Pocket Guide, published by the Division of Agriculture
Research & Extension, under the University of Arkansas System, is now available.
The pocket guide includes information on: agronomics, soil fertility, weed
control, disease management, insect management, and water management among
other topics.
The 207 page pocket
guide can be downloaded for free here:
Global
Rice Quotes
May 5th, 2015
Long grain white rice - high quality
Thailand 100% B grade 385-395
↔
Vietnam 5% broken 355-365
↔
India 5% broken 370-380
↔
Pakistan 5% broken 375-385
↔
Myanmar 5% broken 415-425
↔
Cambodia 5% broken 430-440
↔
U.S. 4% broken 480-490
↔
Uruguay 5% broken 565-575
↔
Argentina 5% broken 555-565
↔
Thailand 25% broken 350-360
↔
Vietnam 25% broken 330-340
↔
Pakistan 25% broken 330-340
↔
Cambodia 25% broken 410-420
↔
India 25% broken 345-355
↔
U.S. 15% broken 470-480
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 380-390 ↔
Pakistan parboiled 5% broken stxd 385-395 ↔
India parboiled 5% broken stxd 360-370 ↔
U.S. parboiled 4% broken 555-565
↔
Brazil parboiled 5% broken 570-580
↔
Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice
Thailand Hommali 92% 885-895
↔
Vietnam Jasmine 490-500
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Mails 815-825
↔
Brokens
Thailand A1 Super 315-325
↔
Vietnam 100% broken 300-310
↔
Pakistan 100% broken stxd 285-295
↔
Cambodia A1 Super 350-360
↔
India 100% broken stxd 270-280
↔
Egypt medium grain brokens NQ
↔
U.S. pet food 370-380
↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
EU Rice Sales and Exports Recover, Making Trade Protection Less Likely
May 04, 2015
The
decline of the euro against the dollar has made European rice more competitive,
a bonus for the Italian rice growing sector."At the end of this month we
could have with no paddy left in our warehouses", Giovanni Daghetta, head
of European rice growers was quoted as saying. Up to the end of April the 82.9%
of stock availability (1,412,329 tons out of 1,151,841 tons) has already been
sold. One year ago, at the same date, 71.3% of stocks (1,045,499 tons out
of availability of 1,466,412 tons) was sold.
The
weaker euro against the U.S. dollar has made USD denominated rice prices more
expensive so EU rice buyers have been incentivized to buy more European rice,
including Italian rice, rather than importing rice from Asia. European
rice exports appear to be growing as well; on April 21 data supplied from EU
showed that 171,445 tons of rice (basis milled) have been sold abroad, a 21%
increase over the 134,712 tons shipped by the same date of 2014.Later this week
an EU delegation will visit Italy to meet with local rice millers and farmers
at the Expo in Milan. Under the improved export figures, local sources say the
safeguard clause against duty-free rice import from Less Developed Countries
(LDCs) – such as Cambodia and Myanmar - seems very unlikely any time soon.
Italian Paddy Rice Prices Remain Firm, Supplies Limited
May 04, 2015
Italian farm gate
paddy rice price indications are trending sideways from the previous week.
Quotes are higher than in the same period last year, but slightly lower than
two weeks ago.
Paddy rice
availability is really low: more than 81% of crop 2014 and remaining stocks has
already been sold. A local source says that by the end of May t there may be no
more paddy rice available on the market.
Below are farm gate
paddy quotations supplied by Milan Grain Exchange, as of April 28:
Arborio-Volano rice
was shown at 695-725 euros (about $ 777-810) per ton, unchanged from the prior
week.
Balilla, Centauro
and similar varieties paddy price
s are firm at
415-430 euros (about $ 464-480) per ton, unchanged from the prior week.
Lido, Crono, Flipper
and similar paddy varieties are unchanged at 360-375 euros (about $ 402-419)
per ton, on both weeks.
Padano-Argo was
shown at 550-650 euros (about $ 615-727) per ton, unchanged from the prior
week.
Vialone Nano
slightly is firm at 730-780 euros (about $ 816-872) unchanged from a week
prior.
Thaibonnet and
similar Indica varieties were indicated at 335-345 euros (about $ 374-385),
unchanged from a week prior.Sant'Andrea was quoted 560-610 euros (about $
626-682) per ton on April 14, unchanged from a week prior; Carnaroli was fixed
at 695-725 euros (about $ 777-810) per ton, unchanged from a week prior.
Baldo paddy prices
went slightly down to 552-602 euros (about $ 617-673) per ton, unchanged from a
week prior.Roma was firm at 580-61 euros (about $ 648-682) per ton, unchanged
from a week earlier. Selenio was shown at 405-430 euros (about $
405-480) per ton, unchanged from a week prior.
Augusto was out at
400-415 euros (about $ 447-464) per ton, unchanged from the week before.
Loto and Nembo
reached the same level of 400-415 euros (about $ 447-464) per ton, unchanged
from a week prior.
Luna Cl, Dardo and
similars quoted 360-380 euros (about $ 402-425) per ton, unchanged from a week
prior.
Nigerian Rice Importers and Customs In Stand Off Over Unpaid Import Duties
May 04, 2015
Nigerian
rice importers and the Nigeria Customs Service (NCS) are at a standoff over N20
billion (about $100 million) in unpaid rice import duties. It’s very
unlikely the duties will be paid, or certainly not paid in full, say
locals. Importers have ignore the April 14 deadline the NCS set and have
so far not been arrested by the NCS or any agency, according to local media.
One major rice producer and importer expects a waiver, and locals say the
company is likely to get it, since it invests in Nigerian rice production and
milling.
Other
importers say they should be off the hook amid a change of government on May
29, 2015 when the in-coming government of Muhammadu Buhari is expected to give
them the opportunity to re-negotiate the outstanding import duties.
India Rice Quotes Mixed Today; Other Asia Rice Quotes Unchanged
May 04, 2015
India rice sellers
increased their quotes for 5% broken rice and 25% broken rice by about a $5 per
ton each to about $370 - $380 per ton and $345 - $355 per ton
respectively and lowered their quotes for 100% broken rice by about a $5 per
ton to about $270 - $280 per ton today. Other Asia rice sellers kept their
quotes mostly unchanged.
5% Broken Rice
Thailand 5% rice is
indicated at around $375 - $385 per ton about a $20 per ton premium on Vietnam
5% rice shown at around $355 - $365 per ton.
India 5% rice is
indicated at around $370 - $380 per ton, up about a $5 per ton from Friday and
about a $5 per ton discount to Pakistan 5% rice shown at around $375 - $385 per
ton.
25% Broken Rice
Thailand 25% rice is
shown at around $350 - $360 per ton, about a $20 per ton premium on Vietnam 25%
rice shown at around $330- $340 per ton.
India 25% rice is
indicated at around $345 - $355, up about a $5 per ton from Friday and about a
$15 per ton premium on Pakistan 25% rice shown at around $330 - $340 per ton.
Parboiled Rice
Thailand parboiled
rice is indicated at around $380 - $390 per ton.
India parboiled rice
is indicated at around $360 - $370 per ton, about a $25 per ton discount to
Pakistan parboiled rice shown at around $385 - $395 per ton.
100% Broken Rice
Thailand broken
rice, A1 Super, is indicated at around $315 - $325 per ton, about a $15 per ton
premium on Vietnam 100% broken rice shown at around $300 - $310 per ton.
India's 100% broken
rice is shown at around $270 - $280 per ton, down about a $5 per ton from
Friday and about a $15 per ton discount to Pakistan broken sortexed rice
shown at around $285 - $295 per ton.
Oryza Afternoon Recap - Chicago Rough Rice Futures Continue to Soften as
Market Weighs Huge Supplies and Lack of Demand
May 04, 2015
Chicago
rough rice futures for Jul delivery settled 10 cents per cwt (about $2 per ton)
lower at $10.105 per cwt (about $223 per ton). Rough rice futures erased overnight
gains to close lower once again today as the bears continue to dominate price
action and have now dragged the July future contract within striking distance
of psychological support at $10.000 per cwt (about $220 per ton). Today’s
action provides a negative forecast for tomorrow’s trade direction and
indicates that the current downtrend will remain intact.
The
other grains finished the day with mixed results; Soybeans closed about 1.2%
higher at $9.7625 per bushel; wheat finished about 0.3% lower at $4.7275 per
bushel, and corn finished the day about 0.3% lower at $3.5875 per bushel.U.S.
stocks traded higher on Monday, following positive momentum from Europe, as
investors looked ahead to a week of Federal Reserve speeches and economic data
that could shed light on the timing of an interest rate hike. The S&P 500
attempted to hold above its closing high of 2,117.69, as utilities gained more
than 1% to lead nearly all sectors higher. The Dow Jones industrial average
briefly added 100 points and held above 18,000, about one percent away from its
closing high.
Ahead
of Friday's important jobs report for the month of April, factory orders for
March showed a gain of 2.1%, the biggest increase in eight months and above
expectations of a 1.9% increase. However, the underlying trend remained weak
against the backdrop of a strong dollar. The first of several central bank
policymakers to speak this week, Chicago Fed's Charles Evans said that hiking
interest rates does not seem appropriate until next year due to the weak first
quarter. His address came at the annual meeting of the Columbus Economic
Development Board. San Francisco Fed President, John Williams, will speak later
in the day on job creation at a separate event. Analysts also noted market
optimism on potential for mergers and acquisitions. The Dow Jones industrial
average gained 62 points, or 0.34%, at 18,086.
The
S&P 500 traded up 7 points, or 0.36%, at 2,116, with utilities leading all
sectors except materials higher. The Nasdaq traded up 20 points, or 0.40%, at
5,025. Gold is trading about 1.3% higher, crude oil is seen trading about 0.8%
lower, and the U.S. dollar is seen trading about 0.1% higher at about
1:00pm Chicago time.Friday, there were 1,060 contracts traded, up from 951
contracts traded on Thursday. Open interest – the number of contracts
outstanding – on Friday increased by 5 contracts to 10,774.
Oryza U.S. Rough Rice Recap - Prices Unchanged with No Iraqi Grain Board
Tender Results
May 04, 2015
The
U.S. cash market was unchanged today after the Iraqi Grain Board failed to
announce a winner on their latest white rice tender today leading some analysts
believe that the chances of the U.S. being awarded on this tender to be slim to
none.Sellers remain hard to come by at the current levels however some analysts
believe that they should be getting nervous as weather forecasts for the next
week show favorable planting conditions dissuading fears that acreage would
decline due to delayed planting.
In
the meantime, the USDA estimates that as of May 3rd, 61% of the US
rice crop had been planted which is 6% ahead of this time last year but 1%
behind the previous 5-year average. As of now, the USDA estimates that farmers
have planted at 64% of their rice crop in Arkansas, 38% in California, 88% in
Louisiana, 66% in Mississippi, 37% in Missouri, and 65% in Texas.The USDA also
estimates that 37% of the crop has emerged which was on par with this this time
last year but 8% behind of the previous 5-year average. As of now, the USDA
estimates that 33% of the rice crop in Arkansas has emerged compared to , 15%
in California, 80% in Louisiana, 37% in Mississippi, 6% in Missouri, and 63% in
Texas.
Oryza Overnight Recap – Chicago Rough Rice Futures Begin the Week on a
Positive Note
May 04, 2015
Chicago
rough rice futures for Jul delivery are currently seen 9.5 cents per cwt (about
$2 per ton) higher at $10.300 per cwt (about $227 per ton) during early floor
trading in Chicago. The other grains are seen trading mixed: soybeans are
currently seen about 0.6% higher, wheat is listed about 0.6% lower and corn is
currently noted 0.5% lower.
U.S.
stocks traded higher on Monday, following positive momentum from Europe, as
investors looked ahead to a week of Federal Reserve speeches and economic data
that could shed light on the timing of an interest rate hike. The S&P 500
traded above its closing high of 2,117.69, as all 10 sectors gained. The Dow
Jones industrial average added 100 points and held above 18,100, about one
percent away from its closing high. The Nasdaq Composite traded above 5,000.
Analysts also noted market optimism on potential mergers and acquisitions.
Ahead of Friday's important jobs report for the month of April, factory orders
for March showed a gain of 2.1%, the biggest increase in eight months and above
expectations of a 1.9% increase.
Later
in the day, several central bank policymakers will speak, including a keynote
address from Chicago Fed's Charles Evans at the annual meeting of the Columbus
Economic Development Board. San Francisco Fed President, John Williams, will
speak on job creation at a separate event. Asian and European shares traded
marginally higher on Monday, although U.K. stock markets were closed for a
public holiday. Markets were boosted after tepid manufacturing data from China
raised hopes that Beijing would unveil further stimulus measures to boost the
economy. Gold is currently trading about 1.2% higher, crude oil is seen trading
about 0.8% lower, and the U.S. dollar is currently trading about 0.1%
higher at 9:00am Chicago time.
Download/View
On-Line the above News in pdf format,just click the following link
No comments:
Post a Comment