Rice News Headlines...
·
A mixed bag for nation’s
rice sector
·
Rice Farmers Face Hard
Times As Smugglers Gain Ground
·
FG, AATF Inaugurate First
Confined Field Trial Facility for Genetically Improved Rice Production
·
Golden Rice promises to be
a tool vs hidden hunger, claims IRRI expert
·
Is rice importation the
only gov’t response to the shortage?
·
Calrose rice 'world's best'
in international competition
·
Commerce: 5 million tonnes
of rice sold
·
Thailand: Rice traders from
Hong Kong observe jasmine rice production in Thailand
·
Milo Hamilton, Stuart
Hoetger to provide first look at rice markets
·
G2G rice deal with
Indonesia to ensure export target of 10m tonnes met
·
OLD RICE SILOS TRANSFORMED
INTO CONTEMPORARY ART SPACE
·
The future of hybrid rice
in U.S. and world rice production
·
11/06/2015 Farm Bureau
Market Report
·
Nagpur Foodgrain Prices
Open-November 06
·
CME Group/Closing Rough
Rice Futures
·
Mexico to Eliminate Rice
Import Duties Under TPP
·
In Arkansas and
Mississippi, EQIP Aplenty
News Detail...
A mixed bag
for nation’s rice sector
Fri, 6 November 2015
Amru Rice CEO and president Song Saran sits down to talk the
Post about Cambodia’s rice sector. Pha Lina
Cambodia’s rice sector has experienced some setbacks as a result
of drought and neighbouring competition this year. As 2015 comes to an end,
Cambodia’s rice sector is recovering from these obstacles and is experiencing
some improvements. The Post’s Cheng Sokhorng sat down with Song Saran, CEO and president of
Amru Rice (Cambodia), to discuss the current condition of the rice sector and
its future.
In light of the delayed rainfall and drought experienced in many
parts of the country, how do you see this season’s rice harvest shaping up?
Rice farming this year has suffered as a result of the late rain
and climate-related issues. This affected mainly two types of paddy, both of
which take at least five months to harvest. But as a result of the recent
rainfall, I think this year’s rice crops will survive and we could see some
gains made in the yield. Although we do not know how much we will harvest by
the end of the year, we know that it cannot reach 1 million tonnes of exports.
What is our prospect of achieving this target in the future?
We will still not be able to export the target of 1 million tonnes
in 2016 and 2017 if we cannot handle all problems that hinder our ability to
compete with other countries. Cambodia has the capacity to produce 2 million
tonnes of milled rice for exports, but there is only market demand for low
quality and low price, therefore it is difficult to compete with Thailand and
Vietnam.
Cambodia was knocked from its top spot as producer of the
World’s Best Rice last month by a Californian variety at the annual World Rice
Conference last month.
What were your impressions about the contest and results?
Cambodia was runner-up to the US, accompanying Vietnam in the
final round. I do not view this as a negative result because a round-grain rice
was ranked as number one in the world for 2015 and Cambodia cannot grow this
kind of rice. Cambodia has the best quality jasmine rice, which is different
from the California rose rice, so I feel as though this result had no impact on
Cambodia’s rice market. In the contest we did not use Phka Romduol rice, which
is our country’s top-ranked variety. Instead we used fragrant rice, which is
number two or three in our country. So we are still proud that our lower-ranked
fragrant rice made it to the
final round.
final round.
Cambodia recently renewed its 100,000-tonne rice contract to
supply China. What does the deal mean for the sector, and were you disappointed
that the quota was not expanded as requested?
China had an agreement to buy 1 to 2 million tonnes of rice from
Thailand for $40 to $50 per tonne cheaper than Cambodia’s rice, so China gets
more of its rice from Thailand than Cambodia. However, even though Thailand has
a lot of rice in stock, it is lower quality than rice in our country.China buys
our rice not only because of its quality, but because of its [close
relationship] with Cambodia. However, I believe that if Cambodia lowered its
price of rice a little bit, China will order more than 100,000 tonnes. Exports
of 100,000 tonnes of rice will start on January 1.
By the way, our government also signed an MoU with Indonesia in
2012 to supply 100,000 tonnes of rice per year. However, we lost this market
opportunity because the price of our rice was higher than other countries, such
as Thailand and Vietnam. We will discuss opportunities and prices with
Indonesia in 2016. I feel optimistic that with the cooperation of Indonesia and
the Philippines we can reach our target of 1 million tonnes of rice exports in
the future.
Some rice millers have claimed that access to finance is the
biggest obstacle to realising the export target of 1 million tonnes per year. Would
you agree?
I recognise that finance is a problem. Some rice millers rely on
financial assistance from private banks, but the private banks will not lend
them money because they view the rice millers as a risk. As a result, rice
millers are only able to receive half of their requested loans after giving
their land or other assets as collateral to the banks. For example, to obtain
the $6 to $7 million needed to purchase paddy rice, the rice miller must have
land or a house that costs at least $14 million.
Rice millers buy enough rice stock for two to three months of
milling and then stop milling because they run out of money to buy rice stock.
This challenge, as well as transportation fees, port fees and electricity,
makes our paddy rice not able to compete with other countries that offer a
lower price.Another problem we faced this year is that rice from Vietnam was
often mixed with our rice, which put some of our millers out of work. The
government should guarantee loans to any rice miller that has good credit,
which offers the possibility to expand their business and increase rice
exports.
This interview has been edited for length and clarity.
http://www.phnompenhpost.com/business/mixed-bag-nations-rice-sector
Rice
Farmers Face Hard Times As Smugglers Gain Ground
Kingsley Alu
— Nov 6, 2015 3:58 am | Leave a comment
Smuggling of
rice from across the Nigerian borders has reached prohibitive levels, with
hundreds of trailers plying back and forth from neighbouring countries carrying
illegal shipments of the staple food.Leadership investigation has revealed.The
nation’s supply gap was estimated at around 3 million tonnes by United States
Department of Agriculture (USDA) and half that number by the federal government
earlier this year.Findings however, showed that legal importers paying full
tariff of 70 per cent have not been able to compete with smugglers who enjoy a
free ride into the market, aided by negligible tariffs in neighbouring Cameroon
and Republic of Benin,and taking advantage of porous borders.
Another pertinent problem hamstringing rice investors is the
Central Bank of Nigeria(CBN)’s ban of foreign exchange for rice imports, among
other products, choking the importation supply chain.The resultant shortage in
the market is now being exploited by smugglers, who prospered significantly in
2013 when they were able to move in around 2.5 million tonnes through the
borders, without paying a single kobo as import duty.It will be recalled that
in 2013, the federal government increased the importation tariff to 110 per
cent as against zero duty regime administered in Benin and Cameroon.As Nigeria
Customs Service (NCS) struggles to rope in the smugglers, the market is rapidly
filling up with cheap quality rice also frustrating efforts of commercial
agriculture by key investors in the rice value chain.
Large multinationals including Olam, Stallion Group and Dangote
have announced large-scale investments in the value chain that are crucial in
Nigeria’s quest to meet a growing annual demand of 6.5 million tonnes per
annum. Stallion Group is expanding its capacities to produce 1.5 million tonnes
in Nigeria, whilst Dangote has announced plans to farm 100,000 hectares for
rice production.Stakeholders who spoke to Leadership said that effective
curbing of rice smuggling was essential to get these projects to fruition and
encourage millions of farmers to get back intensively to rice farming.The
National Rice Millers Association of Nigeria (NRMAN), said this week that the
Nigerian Customs Service (NCS), erred in its decision to lift the ban on
importation of rice through the land borders. The chairman of the association,
Mohammed Abubakar, said the NCS overreached its statutory mandate as an
enforcement agency in taking such a policy decision.
leadership.ng/business/472432/rice-farmers-face-hard-times-as-smugglers-gain-ground
FG, AATF Inaugurate First
Confined Field Trial Facility for Genetically Improved Rice Production
05 Nov 2015
Ag. Head of Service (HoS) of the Federation,
Mrs. Winifred Oyo-Ita
Dele Ogbodo in Abuja

Dele Ogbodo in Abuja

The federal government and the African Agricultural Technology Foundation (AATF) on Wednesday inaugurated Nigeria’s first Confined Field Trial (CFT) facility for the production of a genetically improved African rice variety known as Nitrogen-use efficient, Water-use efficient and salt-tolerant (NEWEST) aimed at addressing the country’s food challenge.The Acting Head of Service (HoS) of the Federation, Mrs. Winifred Oyo-Ita, who was represented by Mr. Abayomi Oguntunde, Director, Bio-Resources Technology, Federal Ministry of Science Technology, and the Executive Director, AATF, Mr. Dennis Kyetere, who spoke at the National Cereals Research Institute (NCRI) in Badeggi, Niger State, averred that the project was aimed at increasing food productivity in the continent and Nigeria in particular.
THISDAY however gathered from
AATF Project Coordinator, Mr. Kayode Sanni, that the technology would be used
from 2016 to accelerate the development of improved food produce.The HoS,
admitted that that Nigeria’s food crisis called for the use of smart
biotechnology tools to address the embarrassing situation.Oyo-Ita said: “This
project which is a multiple-stakeholders partnership is being coordinated by
AATF to develop genetically improved Africa rice varieties with enhanced
agronomic traits or better yields under abiotic stress.”She said NEWEST rice was a clear pointer on the way forward for agricultural development in the country.While thanking AATF, she promised that government would ensure its best use and that the purpose of its instalment would be attained through meeting the country’s rice needs.She said the current administration had pledged significant investment in agricultural science to boost food and industrial production and also encourage the private sector to do the same.“Today, while it seems that much of the world has moved forward in food production, Nigeria has remained on one spot. Over the past three decades agricultural productivity has been stagnant or steady decline. This is mainly due to underinvestment particularly in modern agriculture science.“If we do not use this technology to make a significant and lasting impact in the rates of hunger, under-nutrition and poverty in the country, then we will have failed our nations and ourselves.”
The enactment of the Biosafety Act, according to her, would
allow the safe application of modern agricultural biotechnology practice in the
country.”While Nigeria’s former Agriculture Minister, who is now the President
of AfDB, Dr. Akinwunmi Adeshina Kyetere said the country spent over N365
billion annually on rice importationsAccording to him, AATF, a non-profit and
an NGO facilitates and promotes public and private partnerships for access and
delivery of appropriate technologies for sustainable use by small farmers in
Sub-Saharan Africa (SSA) through innovative partnership and effective
stewardship along the entire value chain adding that it is a one stop shop that
provides expertise and know how that facilitates the identification, access
development, delivery and utilization of agricultural technologies.
He said: “So far, Nigeria has benefitted from over $30 million
through AATF investment in Cowpea improvement, Open Forum on Agricultural
Biotechnology (OFAB), Cassava Mechanization and Agro Processing (CAMAP),
Aflatoxin project and NEWEST Rice.“The NEWEST rice is a cutting edge technology
that employs the tool of biotechnology to genetically improving African rice
variety, NERICA. A climate smart technology of this kind which focuses on
ameliorating the perennial constraints of nitrogen deficiency, drought and
salinity in rice production.”In a remark, the DG, National Biotechnology
Development Agency (NABDA), Prof. Lucy Ogbadu, however admitted that modern
biotechnology has been an issue of great concern to many people who do not
really understand what it stands for. The inauguration of the CFT facility, she
added brings more clarity on cautions that scientists put into practice to
ensure that everything is done with care to the improved rice.
Also speaking the acting DG, NCRI, Mr. Samuel Agbore, said
insufficient rice production affects the well-being of over 20 million small
holder farmers, who depend on rice as staple, adding that the low yield
of Africa rice has resulted in importation of over 40million metric tons
percent of rice consumed.In his contribution, the DG, National Biosafety
Management Agency, Mr. Rufus Ebegba, said the reality of Nigeria’s economic
situation called for the need to give priority attention to agriculture as a
means of diversifying the economy, adding that the global oil prices which is
constantly on the fall has become a threat to the country’s survival.
He admitted that biotechnology remains the tool to diversify the
economy. He said any technology cannot deliver safe for Nigerians is not
worth it, adding that the NEWEST rice is one of the outcome of biotechnology.He
said the Biosafety Bill, recently promulgated into law, will be used to
challenged the science community to come up with products that will be used to
addressed climate change and dwindling economy.He said: “The management of the
CFT must not be treated with levity, it must be taken verious seriously.
What we saw in the last two weeks here is the first confined
field trial in the country.”He warned that all terms and conditions of
the CFT permit must be met.
http://www.thisdaylive.com/articles/fg-aatf-inaugurate-first-confined-field-trial-facility-for-genetically-improved-rice-production/224718/
Golden Rice
promises to be a tool vs hidden hunger, claims IRRI expert
An expert from the International
Rice Research Institute (IRRI) says Golden Rice is a potential new food-based
approach to help fight vitamin A deficiency (VAD), a form of hidden hunger.Dr.
Violeta Villegas, Golden Rice Project Coordinator for IRRI, added that hidden
hunger is a pervasive and persistent problem affecting more than two billion
people globally.“As a breeder myself, it gives me pride and joy to be part of a
humanitarian project that seeks to address a major public health problem,”
Villegas noted.Aside from IRRI, the Philippine Rice Research Institute
(PhilRice) and the Southeast Asian Regional Center for Graduate Study and
Research in Agriculture (Searca) area also involved in pushing for increased
rice production and food security.
Searca is also supporting the research on Golden Rice and other
rice varieties that are higher-fielding, nutritious and resistant to flooding
and drought.An estimated 190 million children and 19 million pregnant women are
affected by VAD globally, according to the World Health Organization (WHO.)
If one is deficient in vitamin A, the immune system is affected,
making them vulnerable to certain diseases like measles and weak eyesight,
especially among pre-school children.“They can go blind. Some may die because
they become more susceptible to certain diseases,” Villegas warned.Lactating
mothers also need vitamin A because their milk is their babies’ primary source
of nutrition, she added.“I always say yes, there are interventions like
diversifying diet, breast-feeding, fortification and so on. They’re working,
but the fact remains that there’s still a sizable portion of our population not
reached by these interventions,” Villegas explained.
Villegas explained that there remain sectors of society that are
not reached by the current interventions, those who live in far-flung barangays
(villages), but they eat rice three times a day, sometimes more, so fortifying
rice can indeed help.“It will be very good if there will be an additional tool
in our kit, in our toolbox, to complement the existing interventions,” she
said.Golden Rice is an example of how agriculture and nutrition can work
together to fight VAD.Asked how soon Golden Rice will be allowed for
cultivation, she replied: “Our answer is, when we get all the approvals, we
will share them immediately.
I cannot say the year because we are following the regulatory
system of the Philippines that prescribes all the steps that we have to take.
Like you do a series of field tests, you do confined tests, you do
multilocation trials to test adaptability of this new variety. You have to
follow them.”Currently, Golden Rice is in the confined field trials stage.
Multilocation trials will follow and later on, the application for propagation
or cultivation will have to be filed.“While we are doing these trials, we are
also generating biosafety data, required for food, feed and processing
approval,” Villegas said.Another step, she added, is that upon getting food and
feed approval, a reputable independent organization will do the bio-efficacy
trial.They will not do this until Golden Rice gets the food approval, Villegas
stressed.“We can predict when we can get all the data but getting the approval
is the ultimate ‘diploma’ that we have to secure before we can go public,” she
concluded.
http://www.interaksyon.com/article/119808/golden-rice-promises-to-be-a-tool-vs-hidden-hunger-claims-irri-expert
Is rice importation the only gov’t response to the shortage?
THERE are still two months left in the year 2015, but the
government has already decided to import a million metric tons of rice on top
of 500,000 metric tons already programmed for the first quarter of 2016.The
National Economic and Development Authority (NEDA) said the importation is
aimed at ensuring that the prices of rice will not spike in the wake of the El
Niño drought and the typhoon Lando floods that destroyed rice crops in the last
few months.
Why is rice importation the immediate response of the government
to an impending shortage? Why not a mobilization of the nation’s agricultural
resources to produce some – if not all – of the rice needed to replace what we
have just lost?As Gabriela party-list Rep. Luz Ilagan asked, “Why is it beyond
the capabilities of government to subsidize our farmers, so that the government
buys from them and, at the same time, assure adequate rice supply and prevent a
price spike?” “Food security is not a priority of this administration;
importation is,” said another party-list congressman, Rep. Carlos I. Zarate.
Favored rice importers and cartels will again benefit from this
new decision to import additional hundreds of thousands of tons of rice.If this
policy persists, the Philippines will never be self-sufficient in rice. We have
the land, we have new high-yielding varieties which are resistant to drought as
well as to floods, we have farmers who only need to be mobilized with
sufficient funding.We need to repair the many irrigation systems that have
silted over the years and we need to building many new ones, along with dams to
retain the rainwater that now flows unimpeded to flood the plains on the way to
the sea.
But such a major undertaking may have to be put off in favor of
more immediate emergency measures.In his past State-of-the-Nation Addresses,
President Aquino said rice shortages will soon become a thing of the past. His
administration is ending, not with the promised abundance but with a massive importation.
Importation may be the quick solution, but along with it, the government should
consider a parallel program that will make use of our own resources to produce
at least a part of our needs. There is time to launch this in the next eight
months before a new administration takes over.
http://www.tempo.com.ph/2015/11/06/is-rice-importation-the-only-govt-response-to-the-shortage/
Calrose rice 'world's best' in international competition
California rice loaded in trailers and ready to be
trucked to storage and further processing.
California’s Calrose rice was recently honored at the World Rice
Conference in Malaysia with the “World’s Best Rice” award.According to the
California Rice Exchange, a licensed broker and commission merchant company
based in Durham, Calif, the significance of the award is seen in that it beat
out a foreign competitor that was the reigning champion of the past three
years.“This win is a result of over 100 years of variety development by the
California Rice Experiment Station, coupled with top-notch farming practices
and an excellent warehousing and milling system,” said Jeremy Zwinger,
president and chief executive officer of The Rice Trader.
According to the California Department of Food and Agriculture,
Calrose is a medium-grain white rice that originated in California. California
is the second-largest rice growing state in the nation. The state’s 2,500 rice
farmers produce about 2.5 million tons of rice annually.A panel of experts and
international chefs judged the rice entries. One of the chefs, according to the
CDFA, was Matthew Teruo Sato of Sacramento’s Ten22 restaurant. Sato recently
won the “Lord of Rice” culinary competition.Typically more than 550,000 acres
of rice is grown within 100 miles of Sacramento, 
Calif., making it a significant contributor to local economies
and state export dollars as much of the rice is exported to international
markets.
Calif., making it a significant contributor to local economies
and state export dollars as much of the rice is exported to international
markets.
http://westernfarmpress.com/rice/calrose-rice-worlds-best-international-competition
Commerce: 5 million tonnes of rice sold
6 Nov 2015 at 17:35
WRITER: ONLINE REPORTERS Commerce:
5 million tonnes of rice sold
WRITER: ONLINE
REPORTERS
The
Commerce Ministry has sold 5 million tonnes of rice from the previous
administrations's pledging scheme, but the government is paying about a billion
baht a month to store the 13.7 million tonnes remaining in the stockpile.Commerce
Minister Apiradi Tantraporn revealed the details in answer to questions
about the rice stockpile's management raised by members of the National
Legislative Assembly on Friday.She said since the coup on May 22, 2014 the
ministry had earned 52.3 billion baht from the sale of 5 million tonnes of
rice. There were still 13.7 million tonnes of unsold rice on hand.
The
stockpile was accumulated under the rice pledging programme implemented by the
Yingluck Shinawatra government.She said 100 teams were appointed to
inspect the rice stock nationwide. This revealed a total amount of 18.7
million tonnes. The condition of 12 million tonnes
was around standard, and about 6 million tonnes below the
standard, with around 400,000 tonnes recorded as delivered found to
be missing.The ministry, which was responsible for the rice pledging
scheme, had taken legal action against warehouse owners whose stocks were short
of the recorded amount, or if the grain had deteriorated in quality.
There
were another 300,000 million tonnes stored outside the contracted warehouses
that must be kept as evidence for legal cases, the minister said. However,
the Royal Thai Police Office on Oct 16 allowed the ministry to sell rice from
the evidential stockpile.Ms Apiradi said the ministry must pay about a billion
baht a month in warehouse rent, storage and maintenance fees, fumigation,
interest payments and insurance premiums. 
She said
the ministry had released grain though auctions, but would halt the
auctions during the harvest season in November and December to support the
paddy price in the domestic market. The auctions were aimied not only at rice
traders but also at industries such as animal feed and alternative
energy. Asked about the use of Section 44 of the interim charter to
protect officials working on the rice pledging cases, Ms Apiradi said the
purpose was to ensure the officials had confidence they would not face
disciplinary or legal charges sometime in the future if they performed
their tasks honestly.
link:http://www.bangkokpost.com/news/general/756728/commerce-5-million-tonnes-of-rice-sold.
Thailand: Rice
traders from Hong Kong observe jasmine rice production in Thailand
11/6/2015
Thai News Service
Thai News Service
The Ministry of Commerce and Thai Rice ExportersAssociation have
given representatives of Hong Kong riceimporters a tour of Thai jasmine rice production.Deputy
Permanent Secretary of Commerce Somchart Soithong greeted the representatives
from various organizations in Hong Kong, including the Hong Kong Rice Suppliers
Association, Hong Kong ice Importers &Exporters Association and Hong Kong Rice Wholesalers
Association, after their arrival to the Eastern Rice Mill Co., Ltd. in Kalasin
province.Mr. Somchart said that Thailand has been trading rice with Hong Kong
over the last 50 years. Hong Kong is also Thailand's second largest jasmine
rice importer.
More than 5.7 billion baht's worth of jasmine
rice wasimported to Hong Kong last year, and it has already
totaled 4.2 billion baht during the first eight months of 2015, 16.5% increase
compared to the same period last year.Mr. Somchart said the increase was due in
part to the event organized each year to strengthen relationships between Thai
and Hong Kong rice traders. The same event will be held in Khon Kaen, Kalasin,
Roi Et and Maha Sarakham this year.
http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2476926076
Milo Hamilton, Stuart Hoetger to provide first look at rice
markets
Nov
5, 2015Delta Farm Press
“Deeper changes beyond
sheer economics are influencing market decisions & responses,” The
University of Arkansas' Bobby Coats notes. “The key to 2016 Southern long grain
acreage expansion will be Asian rice prices. 2016 rice market considerations
before making that planting decision will be reviewed in detail.”
Milo Hamilton
In the United States, rice is a crop that is planted on a
relatively small number of acres by a relatively small number of farmers. In
the rest of the world, particularly in Asia, it is much more than that.
“The Chinese say ‘More precious than pearls
and jade are the five grains of which rice is the first grain,” says a video
produced by Firstgrain, a rice marketing service which takes its name from the
Chinese proverb.Milo Hamilton, president of Firstgrain, and Stuart Hoetger,
economic consultant for the company, will be the presenters for a University of
Arkansas Division of Agriculture Food and Agribusiness Webinar at 2 p.m.
Thursday (Nov. 12).“Global rice statistics suggest an inability of global rice
production to keep pace with consumption,” says Bobby Coats, professor in the
Department of Agricultural Economics and Agribusiness at the University of
Arkansas. “The implications of tighter stocks on long and medium grain markets
will be discussed.“Deeper changes beyond sheer economics are influencing market
decisions & responses,” Dr. Coats notes. “The key to 2016 Southern long
grain acreage expansion will be Asian rice prices. 2016 rice market
considerations before making that planting decision will be reviewed in
detail.”
To register for the Firstgrain webinar, which will be one of two
discussing different facets of the rice industry on Nov. 12, click
For three decades Milo Hamilton has covered the world of rice
for his customers. For 18 years he bought rice for Uncle Ben’s Inc., a Mars
Incorporated company. For the last 14 years, his company, Firstgrain, has
advised sophisticated rice firms and farmers on the market and its relationship
to everything else.“It focuses on long-term and short-term changes and gives
others an edge,” says Hamilton. “It seeks to level the playing field for rice
farmers to help them prosper and to respect each other as professionals. The
current clientele of Firstgrain includes CEOs of rice firms and farms across
the globe.
”In recent years, Hamilton grew concerned about the global
impact of change from the rural rice markets in Asia. As a world expert on
rice, his concern led him to write his book “When Rice Shakes the World,” so
readers might know what could happen and what should happen as the East and the
West collide.He lives in Austin, Texas with his wife, Jan, and his little
Pomeranian, Penney. He is surrounded by his children and their families.After
graduating from the University of California-Davis, Stuart Hoetger worked in corporate
finance before transitioning into the rice industry. Hoetger uses his finance
and economic background to provide weekly market analysis to various rice
market newsletters, most notably, Firstgrain’s Rice Market Strategist. Hoetger
also gives market presentations at rice conferences throughout Asia and Latin
America.
Hoetger’s fluency in Spanish has afforded speaking engagements
in the Western Hemisphere that include Mexico, Ecuador, Argentina, Paraguay,
and Peru. In the Eastern Hemisphere, Hoetger contributed to the rice futures
technical working group in Singapore on behalf of Firstgrain, and more recently
has consulted on agricultural development projects in Northeast China and
Thailand. Hoetger’s technical understanding of the global rice trade has proven
valuable to decision makers in both the private and the public sector.In
addition to market advisory, Stuart Hoetger and Logan Wilson, owners of The
Stogan Group, manage the Calrose Coop, a grower-owned paddy marketing
cooperative, and are owners in the new rice paddy trading platform, CashRice
Network. Hoetger and Wilson seek to increase price discovery and market
liquidity in order to generate higher returns for their members.
To watch the Firstgrain video, go to https://vimeo.com/140280882.
For more information on the University of Arkansas Food and
Agribusiness Webinars,
G2G rice deal with Indonesia to
ensure export target of 10m tonnes met
Petchanet Pratruangkrai
The Nation November 6, 2015 5:18 pm
Thailand has recently won a government-to-government
contract for the sale of 500,000 tonnes of rice to Indonesia, ensuring that the
Kingdom should be able to ship some 10 million tonnes globally this year.Commerce
Minister Apiradi Tantraporn Friday said the G2G rice deal should generate
income of Bt8 billion, while helping to ensure that market prices during the
current harvest season do not fall significantly, to the detriment of farmers.
"With rising drought concerns, Thailand should
be able to export the targeted level of 10 million tonnes of rice this year, of
which about 1.15 million tonnes will be from the government's stocks. For next
year, we should again be able to ship at least 10 million tonnes, due to
forecasts of strong demand in the market," she said.
OLD RICE SILOS TRANSFORMED INTO CONTEMPORARY ART
SPACE
In today's Hometown Live, Elissa Rivas gets an inside
look at a new exhibit space in repurposed rice silos
Thursday, November 05, 2015 05:10PM
HOUSTON (KTRK) -- In the Washington Avenue Arts
District, people have turned something you'd likely see on a farm into a unique
exhibit, 'Silos on Sawyer.'It's a celebration of contemporary art inside one of
Houston's newest art exhibition spaces.For decades, 'The Silos on Sawyer' was a
rice packaging plant. Now, more than two dozen re-purposed silos serve as
site-specific exhibition space -- art created only to view here for a limited
time. Much of the art is interactive.
Artist Aaron Courtland used more
than a thousand tiny mirrors and a constantly moving projector to develop his
vision of a silo as an abandoned space lab.Courtland said, "I would like
to believe no one has ever installed a space station inside of an old rice silo
like this before so the experience should be fresh and new for anybody that
walks through the environment."Artist Trey Duvall's work, which includes
two tons of porcelain clay and steel, is yet to be revealed. However, inside a
silo with water dripping from the ceiling, Duvall explained, "As the water
drips down the silo cone, it starts to oxidize and rust the steel to ultimately
degrade this clean shape into something that then breaks down and seeps out and
the silo then becomes the container."Take a closer look at the exhibit in
the video above. The exhibit is free and opens tomorrow night.
The future of hybrid rice in U.S. and world rice production
Nov 5, 2015Delta
Farm Press
“This webinar will
provide an overview of the current and future role of hybrid rice technology in
global food production,” says the University of Arkansas' Dr. Bobby Coats.
“We will review the impact that hybrid rice has had on the US market, the adoption
of hybrid rice in the global market and a forecast of the evolution of hybrid
rice over the next 20 years.”
Michael Gumina
How can hybrid rice help meet the global demand for increased
food production? That’s the topic of the next installment of the University of
Arkansas Division of Agriculture’s Food and Agribusiness Webinar Series. Addressing
the issue will be Michael A. Gumina, global CEO for RiceTec Ag. He will be
welcomed by Bobby Coats, professor in the Department of Agricultural Economics
and Agribusiness at the University of Arkansas and moderator of the webinar
series.“This webinar will provide an overview of the current and future role of
hybrid rice technology in global food production,” says Dr. Coats. “We will
review the impact that hybrid rice has had on the US market, the adoption of
hybrid rice in the global market and a forecast of the evolution of hybrid rice
over the next 20 years.”
To register for the webinar, which will begin at 10 a.m. on
Thursday (Nov. 12),
This webinar’s presenter, Michael Gumina, has been engaged with
production agriculture and the seed industry for over 35 years. He is currently
the lead executive for RiceTec AG which is a privately held, leading global
hybrid rice seed business.Prior to joining RiceTec, he was an executive with
DuPont Pioneer where he was responsible for global seed production operations and
a member of several key global and regional management teams.
He has been a member of the American Seed Trade Association
board of directors, serving as board chairman in 2011-12, and the board of the
International Seed Federation. He was appointed to a term on the USDA
Agricultural Trade Advisory Committee by Agriculture Secretary Tom Vilsack in
2013.He has also been a member of numerous non-profit boards and advisory
panels including the Iowa State Seed Science Center, Iowa 4-H Foundation,
ChildServe and most recently the First the Seed Foundation.Gumina is a graduate
of Iowa State University in Ames, Iowa, with a degree in agronomy.
To learn more about the University of Arkansas Webinar Series,
visithttp://www.uaex.edu/farm-ranch/economics-marketing/food-agribusiness-webinars/
11/06/2015 Farm Bureau Market Report
Rice
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Rice Comment
Rice futures ended higher today,
but January continues to fail at resistance at $12.50. Weekly export sales were
up 27% from the prior four week average at 81,400 metric tons. Shipments of
45,500 metric tons was down 39%, however
Nagpur Foodgrain Prices Open-November 06
Fri Nov 6, 2015 2:31pm IST
Gram prices today firmed up again in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on increased buying support from local
millers amid thin arrival from producing regions. Healthy rise in Madhya
Pradesh gram prices and upward trend on NCDEX also helped to push up prices,
according to sources.
FOODGRAINS & PULSES GRAM
* Gram varieties ruled
steady in open market here but demand was poor.
TUAR
* Tuar gavarani and tuar
Karnataka recovered marginally in open market on good
festival season demand
from local traders amid weak supply from producing regions.
* Moong mogar bold and
medium varieties showed upward tendency in open market here on
increased seasonal
demand from local traders amid tight supply from producing belts.
* In Akola, Tuar -
11,000-11,300, Tuar dal - 17,200-17,400, Udid -
13,900-14,300, Udid
Mogar (clean) - 17,300-18,000, Moong -
10,000-10,200, Moong
Mogar (clean) 11,600-11,800, Gram - 4,200-4,400,
Gram Super best bold -
6,000-6,400 for 100 kg.
* Wheat, other varieties
of rice and other commodities remained steady in open market
in weak trading
activity.
Nagpur foodgrains APMC
auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 4,100-4,820 3,940-4,790
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction n.a. 7,800-9,200
Moong Auction n.a. 6,000-6,400
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Gram Super Best
Bold 6,400-6,600 6,400-6,600
Gram Super Best n.a. n.a.
Gram Medium Best 6,000-6,100 6,000-6,100
Gram Dal Medium n.a. n.a
Gram Mill Quality 5,000-5,100 5,000-5,100
Desi gram Raw 4,850-4,950 4,850-4,950
Gram Filter new 5,400-5,600 5,400-5,600
Gram Kabuli 5,800-7,100 5,800-7,100
Gram Pink 6,200-7,000 6,200-7,000
Tuar Fataka Best 17,500-17,800 17,500-17,800
Tuar Fataka Medium 17,000-17,300 17,000-17,300
Tuar Dal Best Phod 16,500-16,800 16,500-16,800
Tuar Dal Medium
phod 15,500-15,900 15,500-15,900
Tuar Gavarani New 11,750-12,300 11,700-12,300
Tuar Karnataka 12,650-12,800 12,600-12,800
Tuar Black 18,000-18,300 18,000-18,300
Masoor dal best 8,000-8,200 8,000-8,200
Masoor dal medium 7,600-7,800 7,600-7,800
Masoor n.a. n.a.
Moong Mogar bold 11,600-12,100 11,500-12,000
Moong Mogar Med 10,100-11,100 10,000-11,000
Moong dal Chilka 9,500-9,600 9,500-9,600
Moong Mill quality n.a. n.a.
Moong Chamki best 9,000-10,000 9,000-10,000
Udid Mogar Super best
(100 INR/KG) 16,500-18,500 16,500-18,500
Udid Mogar Medium (100
INR/KG) 14,500-15,500 14,500-15,500
Udid Dal Black (100
INR/KG) 10,600-11,200 10,600-11,200
Batri dal (100
INR/KG) 6,000-6,500 6,000-6,500
Lakhodi dal (100
INR/kg) 5,200-5,300 5,200-5,300
Watana Dal (100
INR/KG) 3,200-3,400 3,200-3,400
Watana White (100
INR/KG) 3,000-3,200 3,000-3,200
Watana Green Best (100
INR/KG) 3,300-3,600 3,300-3,600
Wheat 308 (100
INR/KG) 1,600-1,700 1,600-1,700
Wheat Mill quality (100
INR/KG) 1,650-1,750 1,650-1,750
Wheat Filter (100
INR/KG) 1,550-1,750 1,550-1,750
Wheat Lokwan best (100
INR/KG) 2,200-2,400 2,200-2,400
Wheat Lokwan medium
(100 INR/KG) 1,950-2,100 1,950-2,100
Lokwan Hath Binar (100
INR/KG) n.a. n.a.
MP Sharbati Best (100
INR/KG) 3,400-4,000 3,400-4,100
MP Sharbati Medium (100
INR/KG) 2,600-2,800 2,600-2,900
Rice BPT best (100
INR/KG) 2,800-3,200 2,800-3,200
Rice BPT medium (100
INR/KG) 2,600-2,800 2,600-2,800
Rice Parmal (100
INR/KG) 1,600-1,800 1,600-1,800
Rice Swarna best (100
INR/KG) 2,100-2,450 2,100-2,450
Rice Swarna medium (100
INR/KG) 1,800-2,200 1,800-2,200
Rice HMT best (100
INR/KG) 3,400-3,800 3,400-3,800
Rice HMT medium (100
INR/KG) 3,100-3,300 3,100-3,300
Rice HMT Shriram
best(100 INR/KG) 4,200-4,500 4,200-4,500
Rice HMT Shriram
med.(100 INR/KG) 3,600-4,100 3,600-4,100
Rice Basmati best (100
INR/KG) 8,000-10,000 8,000-10,000
Rice Basmati Medium
(100 INR/KG) 7,000-7,500 7,000-7,500
Rice Chinnor best(100
INR/KG) 5,200-5,400 5,200-5,500
Rice Chinnor medium
(100 INR/KG) 4,600-5,000 4,700-5,000
Jowar Gavarani (100
INR/KG) 1,900-2,200 1,900-2,200
Jowar CH-5 (100
INR/KG) 1,700-1,900 1,700-1,900
WEATHER (NAGPUR)
Maximum temp. 32.9 degree Celsius (91.2 degree Fahrenheit),
minimum temp.
22.2 degree Celsius (70.2 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would
be around and 33 and 20 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery
prices, but included in market prices.)
http://in.reuters.com/article/2015/11/06/nagpur-foodgrain-idINL3N1313LC20151106
CME Group/Closing Rough Rice Futures
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Mexico to Eliminate Rice Import Duties Under TPP
TPP Under a Microscope
ARLINGTON, VA - Yesterday's release of the Trans Pacific
Partnership text confirms what many have speculated - Mexico has agreed to
eliminate all tariffs on rice imports from other TPP partners. The United States already enjoys duty-free
access for rice into Mexico because of the North America Free Trade Agreement,
so the largest beneficiary of this move is Vietnam. Mexico has agreed to
eliminate all import duties on rice except for milled rice on the day the TPP
agreement enters into force. Milled rice
duties will decline from the current 20 percent by 2 percentage points each
year for 10 years. This reduction will
begin after entry into force which is unlikely to occur until 2017 at the
earliest.
"We faced an uphill battle in Mexico because it was evident
that Mexico's government intended to liberalize rice trade with its TPP
partners," said USA Rice COO Bob Cummings.
"The major threat is in milled rice and USA Rice worked closely
with the Mexican Rice Council to preserve the U.S. rice market in Mexico.""Thank
you to USA Rice for the support which it has given to us," said Ricardo
Mendoza, Executive Director, Mexican Rice Council in an email to USA Rice
confirming Mexico's new duty structure. "We will be following closely the
approval process [in the TPP countries]."
Mexico is the number one export market for U.S. rice. Paddy rice dominates U.S. exports and
Mexico's imports. However, the share of
milled rice imports is on the rise, including from the United States, and
Vietnam is likely to be a key competitor for the United States going forward.
Contact: Michael Klein (703)
236-1458
In Arkansas and Mississippi, EQIP Aplenty
Well
EQIP-ed
ARLINGTON, VA -- USA Rice along with Ducks Unlimited and more than
40 other partners are celebrating their most recent milestone as part of the
Sustaining the Future of Rice project and the Regional Conservation Partnership
Program (RCPP). The Natural Resources
Conservation Service's (NRCS) Environmental Quality Incentives Program (EQIP),
one of two programs utilized by the project, collected a total of 334
applications when the sign-up period closed last month in Arkansas and
Mississippi.The other conservation program used within the project is the NRCS
Conservation Stewardship Program (CSP).
The project includes implementation of conservation practices on
working ricelands in the six primary rice-growing states using a $10 million
investment from the NRCS and $6.8 million in private funds.
USA Rice Vice President of Government Affairs Ben Mosely said,
"These numbers have far exceeded our expectations and we're confident that
with a deep pool of applicants in both states we'll be able to fund projects on
the most environmentally sensitive rice-growing acres for the most effective
results possible."Applicants selected in this round of funding will be
notified in early 2016 so they can begin implementing practices immediately.
The EQIP sign-up period for Louisiana and Missouri is open until
Friday, November 20. Sign-up in California and Texas is anticipated to begin
later this winter and CSP sign-ups in all six states will happen late in 2016.Farmers
in Louisiana and Missouri interested in learning more about EQIP and submitting
an application should consult their local county or parish NRCS offices prior
to the submission deadline.
Contact: Peter Bachmann (703) 236-1475
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