Rice News Headlines...
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FEATURE: Miracle rice will survive climate
change
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Simple Kit Tests Rice For Arsenic
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L&T Q2 net up 16% at Rs 996 cr; says
investment climate subdued
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Farmers lock Kalanwali grain market
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USA Rice Highlights Trade Barriers for
USTR Grain Ship Make way
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Rice millers take to the streets
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RPCs improve rice farmers’ income–PIDS
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Manipuri rice: A cure for cancer
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World first standard for sustainable rice
launched
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Falling paddy prices a major concern for Hadoti
farmers
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Beyond haze, El Nino drought poses poverty
challenge for Indonesia
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Rice importation to stem inflation’
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Indonesia's Haze Crisis Could Get Even Worse
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Philrice news
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APEDA Commodity News from India
News Detail...
FEATURE: Miracle
rice will survive climate change
Harvesting rice in Asia. Getty Images
his week was a momentous one for
rice, the staple crop that provides well over half of Asia’s daily food intake.
Facing a future of population growth and climate change, which is feared to
make both droughts and floods more frequent and severe, it seems like miracles
will be needed to keep the billions of people in Asia fed and healthy. But the
future is actually looking brighter. On Monday food firm Mars (owner of the
world’s largest rice brand, Uncle Ben’s)announced by 2020 it will source 100% of its
rice in line with the first-ever standard created by the Sustainable Rice
Program (SRP). And from Tuesday through Thursday, Taiwanese agricultural
officials met with members of the International Rice Research Institute (IRRI)
in the Philippines tofinalize the workplan for a collaborative rice development project.
Taiwan provided one of two parental
lines of rice that IRRI used to create high-yielding IR8 (also known as “miracle rice”) in 1966, sparking the Green
Revolution of the 1970′s and 80′s. And in the last few years, the 2nd Green
Revolution has taken off, thanks to technology advances and international
collaboration. New rice varieties are already high-yielding, drought- and
flood-resistant, and more nutritious, and further improvements are underway.
For example, researchers from China’s Hunan Hybrid Rice Research Center have
repeatedly reached new records for rice yields: 700kg per mu
(0.0667 hectares) in 2000, 800kg per mu in 2005, and 1,026.7 kg per mu in 2014.
Taiwan has continued to play a
major role in rice development, and it recently upped the ante. It willdonate $600,000 annually from 2016 to 2019 to the joint project with IRRI for the discovery
of new rice genes and traits that can tolerate the negative effects of climate
change.In an interview with the Asia Foundation in August,
Dr. Robert Zeigler, director general of IRRI, spoke of the need to “double or
triple the output of our existing agricultural lands,” and said “I’m absolutely
convinced it can happen.” The tools available now “are miraculous compared to
the tools we had 20 and 30 years ago,” he underscored, adding “Our
understanding of the genetics of the plant, of how organisms interact in the
field, is vastly more sophisticated. We have the tools to begin to manipulate
how that plant interacts with its environment.
”One notable tool is the 3,000 Rice
Genomes Project. This collaborative international research program has already
surpassed its nominal goal and sequenced 3,024 rice varieties from 89 countries. They are now publicly available for free online, and will be
very helpful to researchers looking to improve rice yields in the face of
climate change. And there is still much more to be drawn upon—IRRI’s International Rice Genebank contains more than 127,000 rice varieties and accessions
from all over the world. This virtually untapped reservoir of genes and
associated traits can be used to make rice cultivation higher-yielding and more
sustainable, with a smaller environmental footprint.Zeigler continued:
We also have tools that can communicate to farmers, even of
marginal literacy, how to manage their crop to produce the most for a given
investment. All of these come together in such a way that increases in
productivity will be much more environmentally benign. The negative impacts of
agricultural innovation in the past – excessive fertilizer use, excessive
pesticide use – will be distant memories. We will be much more intelligent
about the way we manage our crops.
He dates the start of the
2nd Green Revolution to July 31, 2008, when a farmer in India decided to
stick with IRRI’s newly-developed Swarna Sub1 rice strain, despite local
skepticism. Nicknamed “scuba rice,” it is extremely flood-tolerant, and can
survive weeks entirely underwater and still provide abundant harvests
afterwards. There are now over 5 million farmers in Eastern India who are
growing Swarna Sub1 and other flood-tolerant varieties, and millions more have
access to the seeds.
In the future, IRRI researchers are
aiming to transfer the efficient photosynthesis capacity of corn and sugar cane
to rice, which has a comparatively inefficient system. In fact, work is already
underway. “I’m certain that it’s possible to
do – that we can create a rice plant that’s 50% more efficient in its use of
sunlight, water, and nitrogen, so that we can produce the food that the planet
needs on much less land,” said Zeigler, adding “That would be a third Green
Revolution.”
“So I’m very optimistic that, even though climate change will
present enormous challenges to society as a whole, if we continue down the path
of research and development that we’re already following, the one thing we
don’t have to worry about in the next 50 years is an inability to produce
enough rice,” Zeigler stated.
And besides being qualitatively
better, the rice of the future will also be grown, harvested, and sold in a
more sustainable manner, thanks to the SRP’s standard. It is made up of 46 requirements in areas including productivity,
food safety, worker health, labor rights, and biodiversity. A supplemental set
of quantitative Performance Indicators will enable farmers and market supply
chain actors to gauge the sustainability of a rice system, and to monitor and
reward progress.
Coming up next will be Bangladesh’s debut of genetically-engineered Golden Rice, which unlike other strains of rice contains beta carotene.
Long-running dependence on traditional rice leads to Vitamin A deficiency, most
severely affecting pregnant women and small children– it is the leading cause
of preventable blindness in children, and it results in the deaths of some 6.7
million children every year. However, consumption of only 150 grams of Golden
Rice per day would supply half of the recommended daily intake of vitamin A for
an adult. This target will be met easily, as Bangladeshis depend on rice for
70% of their daily calorie intakes. Following a successful trial of Golden
Rice in its transgenic screen house, the Bangladesh Rice Research Institute
will be taking the variety to confined field trials in November.
Fortunately, the financing and
patents for Golden Rice favor the region’s poor farmers as opposed to big
biotech firms. In April 2011, the Bill and Melinda Gates Foundation sanctioned
a grant of over $10 million to IRRI to fund, develop, and evaluate Golden Rice
varieties for Bangladesh and the Philippines. Furthermore, IRRI and Gates
Foundation officials have confirmed that since the inventors of Golden
Rice and the subsequent technology developer Syngenta allowed a royalty-free
access to the patents, when the new rice is released for commercial farming in
Bangladesh it will cost the same as other rice varieties, and farmers will
freely be able to share and replant the seeds.
However, not everyone is on board with genetically modifying
organisms, even if it’s limited to plants.
But most of the research and engineering being done now on rice is
combining genes from several different strains. And even using genes from corn
or sugar cane to boost photosynthesis and thus the efficiency of rice hardly
makes it a “Frankenstein food” – it’s not as if pig genes would be added in.
Food safety tests should be done regularly, but the world’s poor would
certainly choose bountiful hybrid rice over precarious harvests of conventional
rice. So these new miracle rice varieties should be scaled up rapidly.
http://blogs.blouinnews.com/blouinbeatsciencehealth/2015/10/30/feature-miracle-rice-will-survive-climate-change/
Simple Kit Tests Rice For Arsenic
Food
Safety: Test kit could offer arsenic screening for rice producers in developing
world
Department: Science & Technology
News Channels: Analytical SCENE, Biological SCENE, Environmental SCENE
Keywords: arsenic, rice, food safety, Gutzeit method
News Channels: Analytical SCENE, Biological SCENE, Environmental SCENE
Keywords: arsenic, rice, food safety, Gutzeit method
In
June, the European Union adopted limits on arsenic in rice.A
field kit could give rice producers a simple, quick, and cheap way to screen
their product for arsenic (Anal. Chem. 2015,
DOI:10.1021/acs.analchem.5b02386).
Rice absorbs arsenic from soil and irrigation water, where the element can
occur both naturally and in residue from pesticides and fertilizers. Because
inorganic arsenic is a carcinogen, the World Health Organization recently set
maximum contaminant levels in white rice at 200 μg/kg.
In June, the European Union adopted that limit, as well as one of 100 μg/kg
for rice used in food for babies and children.Given these regulations, rice
producers would benefit from screening their rice for inorganic arsenic before
bringing it to market. But in Southeast Asia, the world’s top rice-exporting
region, and other rice-producing areas in the developing world, this isn’t easy.
The gold standard of analysis is high-performance liquid chromatography with
inductively coupled plasma mass spectrometry (HPLC-ICP-MS), which requires a
lab with expensive instrumentation, expert operators, and reliable power.Jörg
Feldmann of
the University of Aberdeen and his colleagues wanted to find a simple device
that would give rice producers a direct answer. So they adapted a commercial
field kit called the Arsenator,
which is designed to measure inorganic arsenic in drinking water by converting
these species into arsine gas and reacting it with mercuric bromide, a
color-changing reaction known as the Gutzeit reaction.
To determine concentration, the color readout is compared
visually with that of standards, or using a spectrophotometer if available.
With a 5-g sample, the method has a quantification limit of 50 μg/kg inorganic arsenic, or half
the EU limit for baby-food rice.The researchers analyzed 30 rice samples with
the field kit and with HPLC-ICP-MS. The field kit results were reproducible
within 12%, and were within 7% of those from the HPLC. Moreover, the kit produced
less than 10% false-positive and false-negative results for assessing the EU
limit on baby-food rice, and none for that on white rice. For a field-based
screening method, this exceeded the researchers’ expectations, Feldmann
says.Because it involves boiling a strong acid and produces arsine gas, the
test must be done in a well ventilated room by trained personnel, and with
proper waste disposal.Brian P. Jackson, an environmental analytical chemist at Dartmouth College,
calls the method an “innovative adaptation.” Given the recent regulations on
arsenic in rice, he says, “it seems reasonable to suppose that there’ll be a
demand for a field test kit that will allow producers and suppliers to quickly
know whether the rice is below the regulatory limit.”
Chemical
& Engineering News
ISSN 0009-2347
Copyright © 2015 American Chemical Society
L&T Q2 net up 16% at Rs 996 cr; says
investment climate subdued
Larsen &
Toubro (L&T) today reported a 15.56 per cent jump in consolidated net
profit at Rs 995.90 crore for the September quarter even as it said the
investment climate remained "subdued" during the period.
Larsen &
Toubro (L&T) today reported a 15.56 per cent jump in consolidated net
profit at Rs 995.90 crore for the September quarter even as it said the
investment climate remained "subdued" during the period.(Reuters)
Larsen & Toubro (L&T) today reported a 15.56 per cent
jump in consolidated net profit at Rs 995.90 crore for the September quarter
even as it said the investment climate remained “subdued” during the period.The
company said financial markets remained volatile and it will take time for the
business activity to pick up.The engineering and construction major had
reported a net profit (after tax, minority interest and share in profit of
associates) of Rs 861.75 crore in the July-September quarter of the last
fiscal.“Financial markets… remained volatile and the overall investment climate
stayed subdued during the quarter… The ground level inputs indicate that it may
take further time for significant pick up in business opportunities,” L&T
said.
Its net sales increased by 10.55 per cent to Rs 23,393.22 crore
in the second quarter as against Rs 21,159.35 crore.
“Larsen & Toubro recorded consolidated gross Revenue of Rs
23,605 crore for the quarter ended September 30, 2015, registering a YoY growth
of 11 per cent. The international revenue during the quarter at Rs 7,658 crore
constituted 32 per cent of the total revenue,” it said.The company’s total
expenses soared to Rs 21,495.13 crore during the quarter under review as
against Rs 19,373.65 crore in the corresponding quarter a year-ago.It said
“slowing global economies, depressed commodity prices, weakening currencies and
capital outflows are constraining the growth prospects of emerging economies”
and added uncertainties in the financial markets and excess capacities have
also impacted the investment sentiment.On the government’s development agenda
through reform process and public expenditure the domestic macroeconomic
parameters showed some early indications of recovery along with pick up in
industrial production indices, and softening inflation and interest rates
during the quarter, it said.
The infrastructure major said given its large order book, it is
focusing on profitable execution and is optimistic about sustaining the
performance in the near-term and also about its potential to gain from the
emerging prospects as the economic environment improves.“The company secured
fresh orders worth Rs 28,620 crore at the group level during the quarter ended
September 30. The international order inflow during the quarter at Rs 10,973
crore constituted 38 per cent of the total order inflow. Major orders during
the quarter were secured by the Infrastructure segment,” it said.Consolidated
order Book of the group stood at Rs 2,44,097 crore as on September 30, higher
by 14 per cent on an YoY basis with international order book constituting 28
per cent of the order book.Infrastructure segment achieved customer revenue of
Rs 10,668 crore for the quarter registering a YoY growth of 11 per cent.
International sales constituted 30 per cent of the total customer revenue of
the segment during the quarter.
During the quarter, infrastructure segment secured new orders
aggregating to Rs 16,682 crore.
Farmers
lock Kalanwali grain market
Gohana farmers protest delay
in paddy purchase
Sonepat: Angered over the delay in purchase of paddy by HAFED,
farmers led by BKU activists today locked the office of the Market Committee in
New Grain Market, Gohana, raised slogans against the government and began an
indefinite dharna there. Satyawan Narwal, president of the Rohtak Mandal and
Rohtas Baniwal, district president of the BKU, said HAFED had so far purchased
only 40,000 quintals of paddy whereas around three lakh quintals of produce was
lying unsold in the market. "The farmers have been left at the mercy of
private traders who are not giving the MSP to farmers," they alleged. They
announced they would boycott Prime Minister Narendra Modi's public rally at Rai
in the district on November 5. —TNS
Farmers lock the main gate of the grain market at Kalanwali in Sirsa on Friday. Photo: Sanjeev Sharma
Sushil Manav
Tribune News Service
Sirsa, October 30
Farmers today locked the main gates
of the grain market in Kalanwali town of Sirsa alleging they were being fleeced
by rice millers in connivance with officials of government procurement agencies
and the market committee.No procurement could be held today as farmers did not
allow vehicles to enter in or come out of the grain market in protest.“A cartel
of millers and officials of the procurement agencies, market committee and the
Food and Supplies Department is working in the grain market.
Millers go to any heap of paddy and
offer rates ranging between Rs 1,100 to 1,400 per quintal at their whim without
any open auction. After buying crop, they enter in the records of the
procurement agencies and get MSP of Rs 1,450 per quintal from the government.
Not only this, millers deduct 3 kg from each quintal,” said Jagsir Singh, a
grain market trader and a former president of the Kalanwali Municipal
Committee.He threatened the arhtiyas would force complete shutdown and hold a
dharna from Monday if the fleecing of farmers did not stop.
Baldev Singh, a farmer, alleged he
brought his paddy to the mandi on Tuesday, but it had not been purchased so
far. “Yesterday, millers came with some officials of the procurement agencies
and offered Rs 1,350 per quintal for my crop. When I insisted on the open
auction for procurement, they went to the next heap. No agency has come to
purchase my crop after that,” alleged Satnam Singh, a farmer from Kalanwali.
Farmers Mandeep Singh Raju, Gurdas Singh and Lakranwali alleged they had complained
to the authorities several times but to no avail.
USA Rice Highlights Trade Barriers for USTR
Grain Ship
Make way
ARLINGTON, VA - USA Rice has submitted to the Office of the U.S.
Trade Representative (USTR) a list of key trade barriers facing U.S. rice in
foreign markets. The barriers range from
ongoing phytosanitary restrictions by Colombia on imports of U.S. paddy rice; a
discriminatory and very complex tariff regime in the EU; the trade distorting
impact of Thailand's rice support program; government management of rice
imports in Japan and Taiwan; and Korea's new rice import regime.
USTR is mandated by law to
publish annually the National Trade Estimate Report on Foreign Trade Barriers
(NTE). The NTE sets out an inventory of
the most important foreign barriers affecting U.S. exports of goods and services,
U.S. foreign direct investment, and protection of intellectual property
rights. The inventory facilitates U.S.
negotiations aimed at reducing or eliminating these barriers.
"USA Rice's submission provides an easy-to-follow road map to
our trade negotiators of the most serious overseas barriers to U.S. rice
exports," said USA Rice COO Bob Cummings.
"Over the past few years USA Rice has provided evidence of these
trade barriers and lack of compliance by many of our competitors with the trade
rules of the World Trade Organization.
We're anxious to strengthen our collaboration with the administration
and other agriculture groups to remove these barriers and address WTO
non-compliance."USA Rice's submission was in response to a Federal
Register notice and the NTE report should be published during the first quarter
of 2016, and the full submission can be accessed here.
Contact: Kristen Dayton (703) 236-1464
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CME Group/Closing Rough Rice
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Rice
millers take to the streets
Leaders
of political parties participating in a protest at Indira Parkin Hyderabad on
Thursday.Rice millers across the Telangana state have come out
against the latest policy of the central government, scrapping the levy of rice
by Food Corporation of India even while continuing with the custom milling of
paddy.They have got support from opposition parties, as declared at a
demonstration organised by the Telangana Rice Millers Association here on
Thursday. TDP floor leader Errabelli Dayakar Rao and state president L.Ramana,
Ponnam Prabhakar from Congress, Chada Venkat Reddy from CPI announced their
support to the millers’ agitation.A press statement by the Association alleged
that close to 2000 rice mills in the state are facing closure owing to
scrapping of levy. Pointing out that the custom milling charges too remained
unchanged over long period, the millers demanded Rs.75 per quintal of paddy for
raw rice and Rs.100 per quintal for boiled rice.
The
output of raw rice has dropped to 62 per cent while the centre is insisting on
delivery of custom milled raw rice at 67 per cent, they claimed. Addressing the
millers, president of the South India Rice Millers Association Govardhan Reddy
said the government was encouraging corporate feudalism by driving out small
players so that the field is open for corporate giants.Demands by the Association
include restoration of levy procurement, recognition of rice mills as
procurement centres, and test milling of paddy at rice mills before fixing
percentage of output among others.
http://www.thehindu.com/news/cities/Hyderabad/rice-millers-take-to-the-streets/article7821125.ece
RPCs improve rice farmers’ income–PIDS
POOR postharvest facilities could cost farmers in at least
four provinces some P286.96-million income losses, according to a study
released by the Philippine Institute for Development Studies (Pids).In the policy note titled, How effective are our postharvest
facilities?, PIDS consultants Nerlita M. Manalili, Kevin F. Yaptenco and Alessandro A. Manilay said these losses were prevented by
the rice processing centers (RPCs).In 2009 the Korean International Cooperation
Agency (Koica) gave a grant worth P649 million to establish four RPCs equipped
with modern milling and drying equipment.
“The RPCs also helped increase farmers’ income by offering
higher buying prices, thereby serving as an incentive to farmers to patronize
the facility,” the paper read.The RPCs were in Pangasinan, Davao del Sur, Iloilo and Bohol.
The RPCs aimed to increase farmers’ income through the production of
good-quality milled rice and the reduction of postharvest losses.Data obtained from the Philippine Center for Postharvest
Development and Mechanization and the International Rice Research Institute
showed that the bulk of the losses worth P166.57 million would have come from
rice mills.Other losses from dryers and poor drying facilities amounted to
P82.88 million and P37.53 million, respectively.Apart from avoiding these losses, the PIDS consultants said the
RPCs increased the average buying price for wet paddy compared to the buying
price offered by private traders and millers.
This was especially the case during the wet season with rice
farmers benefiting from price margins of P0.79 to P1.11 per kilogram. The total
gain in farmers’ income due to higher buying prices reached P13.9 million.“The
RPCs also provided a safety net for farmers during periods of oversupply [wet
season harvest], when private traders do not accept wet paddy or offer very low
buying prices. The hindrances were found to be related mainly to project
implementation in addition to the lack of working capital,” the paper read.
To maximize the benefits from the RPCs, the paper said the
government must increase the operating capital of
these facilities by P40 to P80 million.This will allow the RPCs to accommodate increased volume of
paddy rice and additional cargo trucks of mixed sizes to pick up harvested
paddy and deliver milled rice.However, the authors said additional investment on these RPCs
from the Department of Agriculture (DA) must be subjected to performance
evaluation of each facility.Each facility must produce good-quality milled rice
products, healthy financial standing, and have a positive impact on rice
farmers.“This can be considered as a second phase of the Koica project to
ensure the sustainability of each RPC,” the policy note stated.The evaluation
was conducted over a six-month period from October 2014 to March 2015. From the
four RPC sites, other facilities funded by other programs of the DA that were
within reasonable distance of an RPC.
Food terminals, flatbed dryers and rice threshers were included
in the study. Site visits to three municipal food terminals, seven barangay
food terminals, three flatbed dryers and threshers were conducted.The RPCs are one of the ways by which farmers aim to increase
their incomes since studies estimated that postharvest losses can reach about
40 percent to 45 percent for cereals, seafood, fruit and vegetables, roots and
tubers.In the country, studies estimated that postharvest facilities can result
in losses of 15 percent for rice and 13 percent to 29 percent for major fruits
and vegetables.
Manipuri rice: A
cure for cancer
According to the American Chemical Society,
“black rice is a nutritious and economical food source that is estimated to
feed about one third of the world’s population.”Devakanta, a resident of
Manipur and a thinking farmer has been able to adopt and improvise eco friendly
methods of farming to increase harvest year after year. Passionate as a small
scale entrepreneur to encourage small farmers to continue growing their
indigenous rice varieties to improve the growing demands of more new methods of
farmingAgriculture provides livelihood support to 70 % of region’s population
and is the backbone of the Indian industry.
It produces 1.5% of country’s food grain
production and continues to be a net importer of food grains even for its own
consumption.Smart and innovative in his approach, what make him different from
other farmers is his out of the box thinking in his organic farm, including
cancer curing black rice called ‘chakhao poireiton’ and drought resistant
varieties.India is one of the world’s biggest producers of rice along with
China but very little is known about the rich variety of rice that is grown
across the country.Manipur has a treasure trove of rice varieties, which can be
grown in other states. Farmers grow about 20 varieties of black rice and chakhao
protein and has excellent quality.
BLACK RICE: ORGANIC ANTIBIOTIC?
Manipur is famous for black rice called ‘chakhao poireiton’, a highly nutritious variety with high mineral content including iron and amino acids and what is more surprising is its cancer fighting ability. Black rice contains the antioxidant anthorcyanin, the same anti-cancer compound found in blueberries.Black rice is popular in many countries including Indonesia, Philippines and China. It is used in the preparation of rice cakes or noodles. Centuries ago in the ‘land of the rising sun’, China black rice was known as ‘Forbidden Rice’ because only nobles were allowed to eat it.Devakanta is working hard with 200 farmers to increase the cultivation of chakhao poireiton in many of his farms which inspires other farmers from Manipur to cultivate this rare rice.Black rice is a super food with several health benefits and similar to blueberries, salmon,tea,etc
Rice in Manipur is cultivated in different
altitudes looking at the topographical area.
Dr Anjali Pathak, an organic consultant said,
“I am recommending ‘chakhao poireiton’ to cancer patients who seek my advice
and considering the high prices of allopathic drugs which also have terrible
side effects, it is advisable to have black rice. Black rice, ayurvedic
medicines and organic food can lead to a complete cancer cure.”The rice is also
good to fight diseases like viral fever, influenza, preventing heart diseases,
lowers bad cholesterol level in the body, and stabilize blood pressure.Certain
types of carbohydrates, like black rice contain low glucose which makes them a
great source of carbs for those who suffering from diabetes according to
scientists.Black rice is a great alternative to white rice and it comes with
fewer risks of sugar levels spiking up due to changes in lifestyle.The whole
hearted project, is also being sold through some e-commerce sites for Rs
300-350 a kg. The government would have to chipped it in on elevating further
if the black rice has medicinal properties and cancer curing ability.
World
first standard for sustainable rice launched
This week has seen the launch
of the world's first United Nations-backed standard for sustainable rice
cultivation.
While many of the world's major
commodities benefit from their own standard for sustainability - palm oil has
the Roundtable on Sustainable Palm Oil (RSPO), soy has the Round Table on
Responsible Soy (RTRS) and cane sugar has Bonsucro - rice has had to wait until
this week, with the launch of the Sustainable Rice Platform's standard on
sustainable rice cultivation. In the same week Mars became the first major food company to announce it would source
100% of its rice sustainably by 2020.James Lomax, programme officer for food
systems and agriculture at the United Nations Environment Programme (UNEP),
which is a member of SRP, told FoodNavigator: “The standard offers an
objective means of benchmarking and comparing the sustainability of any rice
production system, thus allowing farmers, managers, researchers and extension
workers to focus field interventions and training more effectively and tailor[them]
to actual needs.”
The standard has eight
impact zones which aim to increase sustainability at every level of
cultivation.It also has a set of key performance indicators that allow
supply chain actors and farmers to measure sustainability and monitor success.
These include profitability, pesticide-use efficiency and water productivity
but also child labour and women’s empowerment.
Falling paddy prices a major concern for Hadoti farmers
KOTA: More trouble seems to be in store for Hadoti farmers. They
were already under stress due to failure of
their soyabean and urad dal crops. Now, they are fearing that paddy prices may
nosedive due to bumper production in the country.In the last three years, paddy
prices have fallen by more than 50%.
"In the past 18 months, we have observed that rice export to Iran and Middle East has stopped. We have a dead stock of approximately 5 lakh quintals piled up in mandis today. We are not getting buyers as there is no export demand. Paddy in processed form was being exported," said Avinash Rathi, president, Bhamashah Mandi. Prakash Paliwal, a bulk dealer in Bhamashah Mandi, said, "Yes, we were dealing in bulk movement of paddy to mills in Bundi, Delhi, Haryana and Punjab, but these days, the business is not picking up. Ram Gopal Meena, ex-sarpanch and secretary, Hadoti Kissan Union (HKU), said, "We had increased the land under paddy cultivation.
"In the past 18 months, we have observed that rice export to Iran and Middle East has stopped. We have a dead stock of approximately 5 lakh quintals piled up in mandis today. We are not getting buyers as there is no export demand. Paddy in processed form was being exported," said Avinash Rathi, president, Bhamashah Mandi. Prakash Paliwal, a bulk dealer in Bhamashah Mandi, said, "Yes, we were dealing in bulk movement of paddy to mills in Bundi, Delhi, Haryana and Punjab, but these days, the business is not picking up. Ram Gopal Meena, ex-sarpanch and secretary, Hadoti Kissan Union (HKU), said, "We had increased the land under paddy cultivation.
Even the good quality paddy variety - 1121,
which was priced between Rs 3,200 and Rs 4,200 in the mandis is today priced
between Rs 1,600 and Rs 1,900. The condition of farmers is
pathetic."Dasrath Kumar, a farmer from Kesoraipatan (Bundi) and general
secretary, Hadoti Kissan Union, said, "The area under cultivation was
increased in Hadoti from 48,000 hectares to 60,000 hectares. The government has
not announced the support price of paddy so far. Non-basmati support price is
Rs 1,300. Basmati rice should have a support price of at least Rs 3,800 per
quintal. We have also written a letter to the Union agriculture minister in
this regard."
The paddy production is estimated to be around 1,81,772 metric tonnes by the agriculture department.
The paddy production is estimated to be around 1,81,772 metric tonnes by the agriculture department.
Beyond haze, El Nino drought poses poverty
challenge for Indonesia
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A wooden boat
is seen stranded on the dry cracked riverbed of the Dawuhan Dam during drought
season in Madiun, East Java , on October 5.
Photo: REUTERS/SISWOWIDODO/ANTARA FOTO
By Nicholas Owen
On a dry and dusty sports field in central Java, Indonesian men
dressed as traditional warriors take turns to battle with wooden staves, while
village women crowd around, chanting: "All farmers let us pray that rain
comes and washes our sorrow away."As in many parts of Java, Indonesia's
main rice-growing island, seasonal rains are late coming to Karang Jati. A
drought caused by the El Nino weather pattern, which scientists say could be
the worst on record, means fields are fallow weeks after they would normally be
sown. So the villagers have turned to a rain-making ritual to hasten the
planting season.Crop failures caused by an El Nino drought presage more pain
for Southeast Asia's largest economy, which is already growing at its slowest
pace in six years, by squeezing incomes, fanning inflation and pushing more
people into poverty.
All this piles pressure on Joko Widodo, Indonesia's first
president from humble origins, on top of the haze crisis caused by
slash-and-burn forest clearances, who made poverty reduction a priority but has
seen it swell across this archipelago of 250 million people since he took
office a year ago.The number of people officially classed as poor actually rose
in the first six months of his presidency to 28.6 million in March from 27.7
million in September 2014.Twenty of Indonesia's 34 provinces are currently
stricken by severe drought, according to the meteorology agency.The World Bank
says that if there is a severe El Nino this year, rice production will fall by
2.1 million tonnes, or 2.9 percent, and rice prices will rise by 10.2
percent.That price rise will hit the poor hardest because they spend more of
their income on food than the well off."Reduced agricultural incomes and
higher prices could be devastating for poor households," the Bank said in
a report, adding that rice imports may be needed if El Nino intensifies.
"NO RAIN, NO MONEY"
Widodo has provided more funds for cash transfers and social
schemes, but so far has refused to sanction rice imports, keen that Indonesia
should be self-sufficient in food."We are not talking about imports,"
Finance Minister Bambang Brodjonegoro told Reuters in a recent interview.
"We are trying to make sure the domestic stocks are available and
accessible."Other countries at risk of an El Nino drought, such as the
Philippines, have taken advantage of low global rice prices to boost stocks
with foreign imports.Such measures at least cap inflation if crops fail, though
they mostly benefit people in towns who consume rice, rather than the farmers
who produce it - all they can do is pray for the weather to change.
"Our paddy fields depend on rainwater, so if there is no
rain we suffer," said Darijan, a 60-year-old farmer in central Java who
has started selling his soil to brick-makers to make ends meet.Agriculture
accounts for nearly 14 percent of Indonesia's gross domestic product, the
highest among Southeast Asia's five main economies. One-third of the labour
force works in farming, and more than half of poor households live off the
land."What is very important ... to the poverty numbers is rice production
and rice prices," Steven Tabor, the Asian Development Bank's head in
Indonesia, told a recent conference. "And the beginnings of El Nino seem
to suggest that we may be in for rising poverty towards the end of the
year."As the drought drags on, Karang Jati's farmers such as 70-year-old
Rohadi Rustam are anxious."If there's no rain, we have no money," he
said, sitting by his sun-cracked fields. "That's how we farmers
live."
-Reuters
(Additional reporting by Heru Asprihanto, Quincy de Neve and Arzia
Tivany Wargadiredja in JAKARTA; Editing by John Chalmers and Simon
Cameron-Moore)
Rice
importation to stem inflation’
The current period of depressed rice prices presents an
opportunity for the Philippines to counter inflationary pressures that will be
caused by the effects of El Niño and the havoc wreaked by Typhoon Lando
(international code name Koppu).Finance Undersecretary Gil S. Beltran said the
Philippines can exploit this opportunity by importing more rice to make sure
the country will have ample supply.
“To stabilize rice prices, the Philippines should take advantage
of external sources of rice to fill in the gap in domestic demand and
anticipated lower domestic production due to the ongoing dry spell and the
damage of recent Typhoon Lando,” the Department of Finance (DOF) chief
economist said.In an economic bulletin released on Thursday,
Beltran pointed out that despite the El Niño, which is expected to persist
well into the early part of 2016, rice prices in the world market had continued
its steady decline.This decline in the prices of rice is due to the higher
supply coming from the major rice-producing countries in the world, such as
Vietnam and Thailand.
However, in the Philippines, the price of rice is threatening to
go up, not only because of the recent devastation by Lando in the
rice-producing provinces, but mainly due to the declining production of this
staple, of which the Philippines had become one of the biggest importer in the
world from its previous position as a net exporter of this commodity.In another
economic bulletin released last week by Beltran, it was pointed out that the
devastation caused in Central Luzon had pushed back the country’s rice reserves
by at least seven days, putting the country’s rice reserves at a precarious
level of below 50 days’ worth of supply.
These estimates had already prompted the National Economic and
Development Authority to recommend the importation of another 1 million metric
tons of rice for the first semester of 2016 alone to stave off possible
inflation that will result from the destruction of locally produced
rice.Ironically, in the world market, the price of rice had been steadily
declining due to high levels of supplies and the resulting lower prices of
fertilizers due to the persisting depressed cost of oil.For example, data from
the World Bank indicated that the price of Thai rice, which represents the
world-market price, had declined by 16.4 percent in 2014 from its price in
2013, which was at $506 per ton.This further declined by another 9 percent in
2015 to settle at a low $385 per ton.The World Bank estimates the prices of
Thai rice to rise by a range of 0.5 percent to 0.8 percent each year starting
2016 up to 2020.
“While the global grains market appears to be in a comfortable
position, the World Bank cautions that the impact of the dry spell is likely to
be predominantly local rather than global, because markets are currently
well-supplied, unless a significant player is significantly affected so as to
send ripples in the international market,” Beltran said in his latest economic
bulletin, reiterating the need for more importation of rice.
According to Ateneo Economics Prof. Cielito Habito in a recent
forum, the agricultural sector had been a drag to the country’s GDP growth,
with the agricultural sector actually contracting in the second quarter of this
year by 0.5 percent. This contraction is due to the decline in the production
of key crops, such as palay (-0.3 percent); corn (-15.7 percent); and sugarcane
(-15.4 percent).The jobs generated in the industry and services sector
amounting to some 768,000 new jobs from January to July had also been
offset by the jobs lost in the agricultural sector alone for the said period,
estimated at 877,000.
http://www.businessmirror.com.ph/rice-importation-to-stem-inflation/
Indonesia's Haze Crisis Could Get Even
Worse
There are some indications that more trouble could be ahead.
By John McBeth
October 30, 2015
The
haze from land-clearing fires blanketing Sumatra, Kalimantan and peninsular
Southeast Asia for the past two months has now extended to Papua, with the
blame falling on an agriculture development project aimed at turning the
easternmost district of Merauke into an unlikely food bowl.
While the effects of the so-called El Nino Southern Oscillation
have been moderate so far, Indonesia’s National Meteorology, Climatology and Geophysics
Agency (BMKG) predicts it will strengthen over the next two months and last
well into next year.Similar estimates come from the US National Oceanic and
Atmospheric Administration and the Australian Bureau of Meteorology (BOM),
leading the World Bank to forecast the possibility of lower GDP growth and
higher inflation next year.The Bank’s latest quarterly report says a severe El Nino could damage up to 400,000 hectares of
paddy land and cut rice output by more than one million tons. An Indonesian
Agriculture Ministry study estimates that, in turn, may halve farmers’
household income.
While the southern slopes of Papua’s central highlands are
routinely socked in by low-hanging afternoon cloud, the smoke from forest fires
is a new hazard, shutting the airport in the southeast coastal mining town of
Timika for days on end.Much of the smoke is now drifting westwards from the
controversial Merauke Integrated Food and Energy Estate. The estate is part of
the Indonesian Government’s drive for food self-sufficiency—a policy many
economists think is misplaced.
Ever since President Suharto achieved rice self-sufficiency
nearly four decades ago, Indonesians have come to regard importing rice as a
sign of failure—and a source of political instability if the price isn’t
properly managed.
That’s what lay behind Suharto’s failed million-hectare rice
project in Central Kalimantan’s peatlands in the mid-1990s, which was launched
to meet increased consumption but caused an environmental disaster
instead.Merauke is a similarly massive and environmentally-fraught undertaking,
involving at least 36 companies and designed to produce 2 million tons each of
rice, corn and sugar, 167,000 tons of soybeans and 937,000 tons of palm oil
from 1.3 million hectares of newly-cleared forest land.Conceived by President
Susilo Bambang Yudhoyono’s government—and now supported by the Widodo administration—it
has been described by Land Deal Politics Initiative as a ‘textbook land-grab’ of ancestral lands and a ‘strategic location for national
development fantasies’.
Global Forest Watch currently counts more than 700 hotspots
around Merauke, spreading across the nearby border into Papua New Guinea where
the Ok Tedi copper mine has already been closed because of a water
shortage.Climatologists attribute a much drier October to the progressive
strengthening of a positive Indian Ocean Dipole, which cools surface waters in
the east and reduces rainfall across Australia and
Indonesia.Longer-term climate predictions aren’t encouraging either.A
10-year-long study released last year showed that the sea current, pushing warm
waters from the western Pacific into the Indian Ocean through Indonesia’s
network of straits, is acting differently and could transform the climate in
both ocean basins as a result.Indonesia is the only tropical location in the
world where two oceans interact in this manner, with the so-called
Indonesia-Through-Flow (IFT) playing a role in everything from Indian monsoons
to the region’s increasingly frequent El Nino’s.
The main in-flow passage through the archipelago is the Makassar
Strait which separates Borneo from Sulawesi. Some water then enters the Indian
Ocean through the Lombok Strait, between Lombok and Bali, while the bulk flows
east into the Banda Sea and out through the Ombai Strait and Timor
Passage.According to American and Australian scientists, the IFT has become
shallower and more intense in the same way water passes through a kinked hose.
That suggests that climate change may worsen the effects of the El Nino and its
wet sister, La Nina.
The 1990s in Indonesia were largely characterized by sustained
El Nino conditions—particularly towards the end of the decade—which then
changed to large swings between El Nino and La Nina conditions in the
2000s.Indonesians remember El Nina from 2010-2011 when the cooling of the
Pacific meant they didn’t have a dry season at all. So do hapless
Queenslanders, who were deluged with rain for eight straight months and
suffered the worst flooding in their history.Now comes yet another severe El
Nino, which began in late August when the trade winds weakened and the surface
water being driven across the central and eastern Pacific became progressively
warmer because of its longer exposure to solar heating.
The worst of these such events occurred in 1997-98. With
rainfall well below the average for March and April, a year-long drought set
in, triggering calamitous bush-fires across Kalimantan and Sumatra as farmers
sought to replace depleted food crops.Lead researcher Janet Sprintall, of
California’s Scripps Institution of Oceanography, believes changes in the IFT
could shift rainfall patterns across the whole Asian region. In other words,
the seasons could be turned completely on their heads, with all that means for
agriculture and fisheries in Indonesia and many of its Southeast Asian
neighbours.If the climatologists are right, the future may already be here. As
the situation continued to deteriorate this week—and the haze spread for the
first time across western Java—President Widodo cut short his visit to the US
and flew home to take charge of the mass evacuation of mothers and children
from the worst-hit areas of Sumatra and Kalimantan.
It has never been this bad, not even in 1997-98. Like his
predecessor, Susilo Bambang Yudhoyono’s experience with the devastating 2004
Aceh tsunami, Widodo now has a national disaster on his hands—this time,
manmade. The haze crisis could have even bigger consequences for Indonesia and
its neighbours than the tsunami.
John McBeth is a Jakarta-based correspondent. This piece
originally appeared on The Strategist, the
official blog of the Australian Strategic Policy Institute, here and is republished with kind permission.
http://thediplomat.com/2015/10/indonesias-haze-crisis-could-get-even-worse/
Philrice news
National Rice
Awareness Month highlights brown rice
With
the theme, Be RICEponsible in your own way now (BROWN) 4 good, DA through its
Be Riceponsible campaign, enjoins the public to celebrate the National Rice
Awareness Month (NRAM) this November. This year, NRAM highlights the production
and consumption of brown rice. “The theme is also highly promoting the
consumption of brown rice since it is a good way to be healthy, to help our
farmers have advantage come ASEAN integration, and of course, contribute to
rice self-sufficiency because of its 10% higher milling recovery.” said Hazel
V. Antonio, Director of the Be RICEponsible Campaign of DA.“BROWN rice would be
the focus of the Be RICEponsible campaign for a year but we still want to
encourage other acts of RICEponsibility, thus the theme,” she added.The
celebration of NRAM officially starts on 3 Nov at the Liwasang Aurora, Quezon
Memorial Circle (QMC), Quezon City.
Part
of the celebration is the conduct of brown rice feeding programs, cooking
contest, and exhibits to promote brown rice consumption. Food establishments
are also encouraged to serve brown rice during the Brown Rice Day on 13 Nov.
Other activities include the rice mix day on 20 Nov, and the annual Run4Rice on
21 Nov for NCR and 28 Nov for other regions.Different agencies both from public
and private sector will also take their part in the celebration of NRAM through
reciting of Panatang Makapalay during flag ceremony, serving of brown rice in
school and office cafeterias, and disseminating information.Aside from the
opening program, the Rice Science Museum of the Philippine Rice Research
Institute (PhilRice) will have a mobile exhibit at QMC to help consumers
appreciate rice production.NRAM is celebrated every November pursuant to
Presidential Proclamation No. 524, s.2004.
Rice Science Museum opens branch in Isabela
In
time with the National Museum and Galleries Month in October, Philippine Rice
Research Institute (PhilRice) has established its second branch of Rice Science
Museum in San Mateo, Isabela.With the opening exhibit theme titled, Bountiful
Harvest, the branch museum highlights the role of Isabela, Philippines’ second
highest rice-growing province, in providing enough food for the country. The
museum also showcases the interaction among the rice varieties – hybrid,
inbred, and traditional, in helping the farmers achieve better yield.“Our
exhibit shows that all varieties, whether traditional or modern, contribute in
ensuring our food supply. Our rice collections from Cordillera are planted for
household consumption and few for exports; while our displays from irrigated
lowland are cultivated for the national market,” Johanna Portilla, museum
curator said.Based on statistics, Isabela produces 15% of the aggregate annual
and has a rice self-sufficiency rate of 224%.“We want the Isabelinos to be
aware and be proud of this achievement and for the youth to appreciate our rice
farmers and our rice heritage. Our sections on traditional and modern farm
implements will also educate the public on agricultural development and how
these implements have changed the ways of farming," she said.
Portilla
also said that the museum also contains a section showing the differences
between hybrid and modern varieties so farmers may be well-informed in choosing
what varieties to plant.Meanwhile, the main Rice Science Museum in Nueva Ecija
recently hosted the Botong Francisco: A Nation Imagined exhibit in partnership
with the Ayala Museum.Ditas Samson, senior curator and head of publications and
research of the Ayala Museum, said that the 25 painting reproductions of the
country’s second national artist show three themes that tie up the cycle of
life in a rural town in the 1940s and 1950s.
“Planting
rice is not only a popular folk tune but is also a beloved scene in Philippine
painting….. Botong’s three themes of hometown, the land, and celebration show
the joyful and symbiotic relationship of man and nature in ensuring progeny and
produce, and a life of peace and abundance,” she said.The senior curator said
that by presenting informative and relevant exhibition on rice culture,
traditions and technology to the general public and to students, the Rice
Science Museum is playing its role in ensuring the food supply of the nation by
encouraging young minds to think of agriculture as a career and have a role in
feeding the nation.The Rice Science Museum is a Department of Tourism (DOT) - accredited
tourist facility and a Local Government Unit-licensed tourist establishment
based in Science City of Muñoz, Nueva Ecija. It also has a branch in Batac,
Ilocos Norte.
APEDA Commodity News from India
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Measures set to stop rice
prices falling
THE NATION
October 31, 2015 1:00 am
THE COMMERCE Ministry, in cooperation
with the Thai Rice Exporters Association, has launched measures to prevent rice
prices falling during the upcoming main-crop harvest.The goal is to prevent
white paddy rice trading below a range of Bt8,000-Bt8,500 per tonne, while the
price of paddy jasmine rice should be maintained at no lower than Bt13,500.Charoen
Laothamatas, president of the association, said yesterday that its members had
agreed to spend a combined Bt50 million to purchase 100,000 of jasmine rice
from the market at about Bt26,000 per tonne to absorb supply from the market
during the next four months.
"This amount of purchased rice
will not be traded in the market, but will be stocked for three months to
ensure that there is no oversupply during the harvest season," he
explained.
The measure should help guarantee
that the price of paddy jasmine rice does not fall below Bt13,500 a tonne, and
that farmers can get a profit of at least 15-30 per cent from their output, he
added.The association could consider increasing the overall purchase volume if
it eventually found there was an oversupply problem, its chief said.
For white paddy rice, the ministry
expects prices will be no lower than Bt8,000-Bt8,500 a tonne in the coming
months, due to higher demand for white rice in many markets - mainly the
Philippines, Indonesia and African countries.Moreover, Commerce Minister
Apiradi Tantraporn said the ministry would suspend its plan to release rice
from the government's stocks via auction during the harvest season from
November to February, in a bid to prevent prices falling.In the meantime, it
will only consider selling rotten rice for use in the production of biomass or
as base-material supply for energy production, she said.About 16 million to 17 million
tonnes of paddy rice are expected to be harvested during the main-crop harvest,
well below the normal level of about 23 million tonnes due to the drought
problems faced by farmers this year.
To help farmers, the government
earlier came up with a measure to allocate Bt26.42 billion to provide soft
loans for them to stock rice in their barns during the harvest season.This
should help absorb about 2 million tonnes of rice from the market.Charoen also
projected that Thailand should be able to export at least 9.5 million to 10
million tonnes of rice this year, and around 10 million tonnes next year.With
high demand in the market, the amount of rice in the government's stockpile
should be reduced to 5 million tonnes next year, he said.With about 13 million
tonnes currently held in the stockpile, the Commerce Ministry said that 1
million to 2 million tonnes could be sold this year under
government-to-government contracts.
http://www.nationmultimedia.com/business/Measures-set-to-stop-rice-prices-falling-30271977.html
Nagpur Foodgrain Prices Open-Oct 30
·
Nagpur, Oct 30 Gram prices today
zoomed up in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on
increased demand from local millers amid tight supply from
producing regions. Healthy rise in
Madhya Pradesh gram prices, upward trend on NCDEX and
reported demand from South-based
millers 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 varieties quoted static in open market in thin trading activity,
matching the
demand and supply position.
* Moong varieties reported down in open market on poor demand from local
traders amid good arrival from producing regions.
* Udid varieties recovered strongly in open market here on increased
festival season
demand from local traders amid thin supply from producing belts.
* In Akola, Tuar - 11,500-11,800, Tuar dal - 18,200-18,400, Udid -
12,900-13,300, Udid Mogar (clean) - 15,900-16,500, Moong -
11,000-11,200, Moong Mogar (clean) 12,100-12,400, Gram - 4,700-4,900,
Gram Super best bold -
6,400-6,700 for 100 kg.
* Wheat, 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
4,000-4,700 4,000-4,500
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
6,400-6,800 6,400-6,800
Gram Super Best
n.a. n.a.
Gram Medium Best
6,100-6,300 6,100-6,300
Gram Dal Medium
n.a. n.a
Gram Mill Quality
5,000-5,300 5,000-5,300
Desi gram Raw 4,900-5,000 4,900-5,000
Gram Filter new
5,700-6,000 5,700-6,000
Gram Kabuli
5,800-7,100 5,800-7,100
Gram Pink
6,200-7,000 6,200-7,000
Tuar Fataka Best 18,000-18,500 18,000-18,500
Tuar Fataka Medium
17,000-17,300 17,000-17,300
Tuar Dal Best Phod
16,500-17,000 16,500-17,000
Tuar Dal Medium phod
15,500-15,900 15,500-15,900
Tuar Gavarani New 11,800-12,400 11,800-12,400
Tuar Karnataka
12,900-13,100 12,900-13,100
Tuar Black
18,800-19,300 18,800-19,300
Masoor dal best
8,600-8,800 8,600-8,800
Masoor dal medium
8,300-8,500 8,300-8,500
Masoor
n.a. n.a.
Moong Mogar bold
12,200-12,500 12,400-12,900
Moong Mogar Med
11,500-11,700 11,600-11,800
Moong dal Chilka
9,500-10,100 9,700-10,300
Moong Mill quality
n.a. n.a.
Moong Chamki best
9,000-10,000 9,400-10,300
Udid Mogar Super best (100 INR/KG)
16,500-17,500 16,300-17,100
Udid Mogar Medium (100 INR/KG)
15,000-16,000
15,000-15,700
Udid Dal Black (100 INR/KG)
10,800-11,500
10,800-11,200
Batri dal (100 INR/KG)
5,600-5,900 5,600-5,900
Lakhodi dal (100 INR/kg)
4,300-4,500 4,300-4,500
Watana Dal (100 INR/KG)
3,600-3,700 3,600-3,700
Watana White (100 INR/KG)
3,400-3,600 3,400-3,600
Watana Green Best (100 INR/KG)
3,500-3,700
3,500-3,700
Wheat 308 (100 INR/KG)
1,600-1,700 1,600-1,700
Wheat Mill quality (100 INR/KG)
1,550-1,750
1,550-1,750
Wheat Filter (100 INR/KG)
1,550-1,750 1,550-1,750
Wheat Lokwan best (100 INR/KG)
2,500-2,650
2,500-2,650
Wheat Lokwan medium (100 INR/KG)
2,300-2,400 2,300-2,400
Lokwan Hath Binar (100 INR/KG)
n.a. n.a.
MP Sharbati Best (100 INR/KG)
3,400-3,800
3,400-3,800
MP Sharbati Medium (100 INR/KG)
2,700-3,100
2,700-3,100
Rice BPT best (100 INR/KG)
3,000-3,400
3,000-3,400
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)
2,100-2,200
2,100-2,200
Rice Swarna medium (100 INR/KG)
1,800-1,900
1,800-1,900
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)
4,200-4,600
4,200-4,600
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. 30.0 degree Celsius
(86.0 degree Fahrenheit), minimum temp.
19.3 degree Celsius (66.6 degree
Fahrenheit)
Humidity: Highest - n.a., lowest -
n.a.
Rainfall : 11.1 mm
FORECAST: Partly cloudy sky. Rains
or thunder-showers likely towards evening or night. Maximum
and minimum temperature would be
around and 30 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/2015/10/30/nagpur-foodgrain-idINL3N12U3SU20151030
Thai rice exporters to finance
storage in effort to support market
Reuters | Friday, Oct
30, 2015
3
Reuters
Friday, Oct 30, 2015
BANGKOK
- Thailand's rice export industry group will finance storage of 100,000 tonnes
of Asia's staple food in an attempt to stem falling prices as farmers bring in
their main crop, the head of the group and the Thai commerce minister said on
Friday.Friday, Oct 30, 2015
The military government of Prime Minister Prayuth Chan-ocha ended the subsidy scheme when it overthrew the remnants of Shinawatra's government in May 2014. Prayuth criticised the subsidies as vote-buying measures and offered little support to Thailand's rural poor during his first year in power.
But with the economy performing poorly and discontent rising with Prayuth's government in the countryside, the junta has announced a raft of measures since August aimed at boosting the rural economy.
The cabinet on Tuesday approved a US$1.13 billion (S$1.6 billion) plan to fund soft loans and grants to farmers.The cost of storing the rice will be around 50 million baht (S$2 million), said Charoen Laothamatas, head of the Thai Rice Exporters Association."We have to help each other. As Thais, we're all in this together," Charoen told Reuters. "We don't want to see farmers suffer."The 100,000 tonnes of rice is worth around 2.6 billion baht. Thailand has stocks of about 13.3 million tonnes but aims to reduce that to 4 to 5 million tonnes by the end of next year, Charoen said.Thailand would export no less than 10 million tonnes of rice next year, he said. That would be around the same level as the 9.5 to 10 million tonnes the association expects Thailand to export in 2015.The government is negotiating deals with Iran and African countries, he added.
http://news.asiaone.com/news/asia/thai-rice-exporters-finance-storage-effort-support-market
Arkansas Farm Bureau Daily
Commodity Report
A comprehensive daily commodity
market report for Arkansas agricultural commodities with cash markets, futures
and insightful analysis and commentary from Arkansas Farm Bureau commodity
analysts.
Noteworthy benchmark price
levels of interest to farmers and ranchers, as well as long-term commodity
market trends which are developing. Daily fundamental market influences and
technical factors are noted and discussed.
Soybeans
|
High
|
Low
|
|
|
Cash Bids
|
899
|
787
|
|
New Crop
|
910
|
866
|
|
|
||
Riceland Foods
|
|
||
|
Cash Bids
|
Stuttgart: - - -
|
Pendleton: - - -
|
|
New Crop
|
Stuttgart: - - -
|
Pendleton: - - -
|
|
|
||
|
Futures:
|
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Soybean Comment
Soybeans
ended the market on a high note after trending lower most of the week. Soybeans
continue to find support in strong demand; however the supply situation is
limiting gains. With another record crop forecast in South America it will be
difficult for beans to maintain a rally and close back above $9.
Wheat
|
High
|
Low
|
|
|
Cash Bids
|
514
|
504
|
|
New Crop
|
520
|
440
|
|
|
||
|
Futures:
|
|
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Wheat Comment
Wheat
saw more gains today as prices closed up 30-cents from last week. While wheat
remains fundamentally weak, prices rallied this week based on technical
support. Prices will need to see some fundamental support if prices are to
break resistance at recent highs near $5.31. Wheat continues to maintain
support near $5.00.
Grain Sorghum
|
High
|
Low
|
|
|
Cash Bids
|
390
|
314
|
|
New Crop
|
390
|
334
|
|
|
||
Corn
|
High
|
Low
|
|
|
Cash Bids
|
402
|
355
|
|
New Crop
|
411
|
377
|
|
|
||
|
Futures:
|
|
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Corn Comment
Corn
prices closed higher today as the market ended up 3-cents on the week. Corn
prices managed to hold support near $3.75 this week. The market continues in a
sideways pattern with support at $3.75 followed by $3.60 and resistance near
$3.90 followed by $4.00. Corn prices continue to see little fundamental support
for prices as a weak export market and good harvest remain a drag on prices. As
long as stocks are able to hold near 1.5 billion bushels this market could see
some support return once harvest is complete.
Cotton
|
Futures:
|
|
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Cotton Comment
Cotton
futures ended the week on a positive note. December is holding support at 62
cents for the time being. A weaker dollar was supportive today as were
forecasts for thunderstorms in Texas that will further delay harvest. The crop
is 42% harvested nationwide, but behind schedule in the eastern costal states
that are still waiting for fields to dry out to be able to evaluate the
condition of the crop and get the pickers rolling.
Rice
|
High
|
Low
|
|
|
Long Grain Cash
Bids
|
- - -
|
- - -
|
|
Long Grain New
Crop
|
- - -
|
- - -
|
|
|
||
|
Futures:
|
|
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Rice Comment
Rice
futures were higher across the board today. Recent price action signals a move
to the 62% retracement level of $11.18. Global production problems have helped
support the market since the summer, however, disappointing U.S. yields have
likely been built into prices at this point.
Cattle
|
Futures:
|
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Live Cattle:
|
|
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Feeders:
|
|
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Arkansas Prices
Arkansas Weekly Livestock Summary
Cattle Comment
Cattle
prices closed lower today. For the week live cattle were down almost $2 and
feeders were off $2.50. The market continues to try and move higher; however
prices have found resistance near 144 and 195 for live and feeders,
respectively. Additional strength in the cash prices and boxed beef will be
needed to maintain recent gains.
Hogs
|
Futures:
|
|
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Hog Comment
Shell Eggs
National Turkeys
Delmarva Broilers
http://www.arfb.com/ag-markets-statistics/report/
