Global
Rice Quotes
August 17th, 2015
Long grain white rice - high quality
Thailand 100% B grade 375-385 ↔
Vietnam 5% broken 340-350 ↔
India 5% broken 375-385 ↔
Pakistan 5% broken 340-350 ↔
Myanmar 5% broken 405-415 ↔
Cambodia 5% broken 425-435 ↔
U.S. 4% broken 485-495
↔
Uruguay 5% broken 535-545 ↔
Argentina 5% broken 530-540 ↔
Long grain white rice - low quality
Thailand 25% broken 345-355 ↓
Vietnam 25% broken 325-335 ↔
Pakistan 25% broken 310-320 ↔
Cambodia 25% broken 410-420 ↔
India 25% broken 345-355 ↔
U.S. 15% broken 460-470 ↔
Long grain parboiled rice
Thailand parboiled 100% stxd 370-380 ↔
Pakistan parboiled 5% broken stxd 415-425 ↔
India parboiled 5% broken stxd 365-375 ↔
U.S. parboiled 4% broken 570-580 ↔
Brazil parboiled 5% broken 545-555 ↔
Uruguay parboiled 5% broken NQ ↔
Long grain fragrant rice
Thailand Hommali 92% 850-860 ↔
Vietnam Jasmine 485-495 ↔
India basmati 2% broken NQ ↔
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Mails 835-845 ↔
Brokens
Thailand A1 Super 320-320 ↔
Vietnam 100% broken 310-320 ↔
Pakistan 100% broken stxd 280-290 ↔
Cambodia A1 Super 350-360 ↔
India 100% broken stxd 300-310 ↔
Egypt medium grain brokens NQ ↔
U.S. pet food 325-335
↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
Rice Gel": A Potential New Ingredient in Processed
Foods Industry
Aug 17, 2015
Researchers
from Japan's National Food Research Institute (NFRI) have developed a jelly
like substance called "rice gel" that can be used in the processing
food industry. The researchers claim that the new product could serve as an
alternative to wheat in the processing food industry, according to Asia &
Japan Watch (AJW).
They say the
demand for the new "rice gel" will be high as most of the consumers
are said to be allergic to wheat in processed foods.
The product
can be prepared from high amylose rice that is used as animal feed. When the
rice is cooked and churned in a machine at high speed, it produces a material
that resembles milk pudding with no specific smell or taste. The density of the
material can be adjusted by altering its moisture content and the length of the
time it is churned. The product is mixed with eggs or other ingredients to form
a crispy choux pastry or a chewy "udon" noodles.
Researchers
say the "rice gel" does not spoil easily and so it could be used in a
broad range of processed foods such as breads and confectioneries.
They told
local sources that the "rice gel" was discovered accidentally five
years ago when one of a researchers got this material when he was trying to
develop something. Though at first he thought of the product as a disaster, he
later recognized its properties and extended research on it.
Iran 2015-16 Rice Production Estimated at 2 Million Tons
Aug 17, 2015
The
government of Iran is expecting 2015-16 (April - March) rice production, basis
milled, at around 2 million tons, Iran English Radio quoted the Secretary of
Iran's Government Rice Association (saying on Press TV). The main rice crop
season starts in April and ends in September.
The official
told local sources that the quality of rice harvested this year is much better
in quality and quantity compared to last year. He attributed the increase in
production to favorable weather conditions and better yields.
He also
noted that better rainfall and adequate heat helped overcome the ill effects of
rice blast disease. Iran is said to have escaped the effect of dry spell on the
agricultural crops. Other Asian rice exporters such as India, Thailand,
Indonesia and the Philippines are experiencing an extending dry spell raising
concerns of lower production.
“Our
projections about the quality and volume of the rice yield have materialized,”
he said.
Iran's local
rice production is not sufficient to meet the annual domestic consumption of
around 2.9 million tons. According to the official, Iran imports around
1.3 million tons of rice year. However, Iran had curtailed rice imports since
November 2014 due to excess stocks. The Middle East nation has so far not
lifted the ban on rice imports.
USDA
estimated Iran to produce around 1.75 million tons of milled rice and import
around 1.6 million tons in MY 2015-16 (October - September).
India 2014-15 Rice Output Impacted by Bad Monsoons, Says
Agriculture Ministry
Aug 17, 2015
The
government of India, in its fourth advance estimates for major crops, has
estimated India's rice production, milled basis, for 2014-15 crop year (July
2014 - June 2015) at around 104.8 million tons, up about 2.26 million tons or
about 2.2% from its earlier estimates of around 102.54 million tons, according
to a statement from the agriculture Ministry.
However, the
production is estimated to be down about 2% from around 106.65 million tons in
2013-14. The decline can be attributed to below average rains during the kharif
main rice crop planting process (June - September 2014) in many key rice
growing areas. Unseasonal rains and hailstorm during February and March this
year are also understood to have significantly impacted production of
rabi rice crops, says the statement.
According to
government sources, India's total food grain production, which includes Kharif
(June - December) and Rabi (November - March) crops, in 2014-15 is likely to
reach around 252.68 million tons, down about 5% from last year's 265.57 million
tons.
The Ministry
of Agriculture releases first advance estimates in September when kharif sowing
is over, second advane estimates in February when Rabi sowing is over, third
advance estimates in April-May and fourth estimates in July-August after
receiving data from all states.
USDA
estimates India's milled rice production at 102.5 million tons in MY 2014-15
(October - September), down about 4% from an estimated 106.54 million tons
produced in MY 2013-14. It expects India to export around 10.6 million tons of
rice during 2015, slightly up from an estimated 10.15 million tons in 2014.
Louisiana 2015 Rice Output May Drop Due to Low Yields,
Say Experts
Aug 17, 2015
Rice output
in the U.S. state of Louisiana is expected to be below last two years' output,
the Advocate quoted the Director of the LSU AgCenter Rice Research Station.
Harvesting
of the 2015 crop in the southern Louisiana is going on. The official told
reporters that output in South Louisiana is likely to decline by about 10-15%
from last year. He also noted that grain quality in northern Louisiana may be
affected by the persisting hot, dry weather. Harvesting of the crop is yet to
start.
The official
says that heavy rains between March and May as well as cloudy skies thereafter
are main reasons for low yields. He adds that cloudy weather would lead to
fewer and smaller grains per plant and heavy rains disrupted fertilizer
application on time. Submerging of small plants for longer time and incidence
of plant diseases add to the woes of the farmers, he says.
He noted
that they expect quality of earlier-planted rice to be fine but that of
later-planted rice to be affected. The official however noted that harvest
operations are going on smoothly and farmers are preparing for the second crop.
Louisiana is
the third largest rice producing state in the U.S. after Arkansas and
California and accounts for about 15% of the total U.S. rice production. It
mostly produces long-grain rice. According to USDA, Louisiana produced around
1.26 million tons of long-grain rice and around 219,722 tons of medium grain
rice in 2014.
Vietnam Exports 3.343 Million Tons of Rice During January
1 – August 13, 2015
Aug 17, 2015
Vietnam
exported around 3.343 million tons of rice during January 1 - August 13, 2015,
down about 22% from around 4.26 million tons exported in first eight months of
2014, according to data from the Vietnam Food Association (VFA). The average
rice export price so far in this year stands at around $414 per ton (FOB), down
about 4% per ton from around $431 per ton recorded during same last year.
During
August 1-13, 2015, Vietnam exported around 42,698 tons of rice, down about 93%
from around 627,089 tons rice exported in full month of August 2014, and down
about 92.8% from around 589,323 tons rice exported in full month of July 2015.
The average export price so far in August stands at around $382 per ton, down
about 11% per ton from a year ago and down about 4.5% per ton from a month ago.
Decline in Thai Rice Exports May Impact Global Rice Trade
in 2015, Says USDA
In its
August Rice Outlook report, USDA forecasts 2015 global rice trade at around
42.5 million tons, down 2% from an estimated 43.4 million tons in 2014, and
down 2.7% from last month' forecast of around 43.7 million tons. USDA expects a
2 million ton or 18% decline y/y in 2015 Thai rice exports, but says an
increase from other countries may not fully compensate for fall in Thai
exports.
On the
exports side, USDA lowered projections for Thailand rice exports based on
shipment pace through June and a stiff competition from India and other
markets. It also lowered export forecast for Argentina and the U.S. based on
slow pace of sales.On the imports side, USDA lowered prospects for Brazil and
Mexico; and raised prospects for Sri Lanka, Bangladesh and the U.S. based on a
stronger pace of deliveries through June.
USDA
estimates global rice trade in 2016 at around 42.3 million tons, slightly up
from last month's forecast of 42.1 million tons.It increased 2016 export
prospects for India and Vietnam, but lowered forecasts for Cambodia, Argentina,
Uruguay and the U.S. It raised 2016 import forecasts for Cuba and the U.S.
imports.
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