Thursday, November 19, 2015

19tth November ,2015 Daily Exclusive ORYZA Rice E_Newsletter by Riceplus Magazine

Indonesia May Not Import Rice in 2016 if Weather Improves, Says Vice-President

Nov 18, 2015

Indonesia may not need to import rice if weather improves, Bloomberg quoted the Indonesian Vice-President as saying.
Addressing the Asia-Pacific Economic Cooperation (APEC) forum in Manila, the Vice-President noted that Indonesia had to import 1.5 million tons of rice, including 1 million tons from Vietnam and 500,000 tons from Thailand, this year due to El Nino-induced drought conditions in the country.
Rice imports this year have become a contentious issue as the Indonesian President has aimed at achieving self-sufficiency in rice production and avoiding imports. However, the country's rice production has been severely impacted due to prolonged drought conditions leading to depletion of stocks and an increase in prices. 
He told the forum that the imports would act as a buffer and protect prices from increasing.
However, weather bureaus have been warning that the El Nino weather phenomenon may last till March 2016.

Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Erase Previous Day's Gains as Market Continues Back-and-Forth Action

Nov 19, 2015

Chicago rough rice futures for Jan delivery settled 22.5 cents per cwt (about $5 per ton) lower at $11.840 per cwt (about $261 per ton). The other grains finished the day mostly lower; Soybeans closed about 0.7% lower at $8.5775 per bushel; wheat finished about 0.4% lower at $4.8500 per bushel, and corn finished the day about 0.1% higher at $3.6825 per bushel.
U.S. stocks traded higher on Wednesday as investors digested the release of the Federal Reserve's October meeting minutes. The minutes showed that the central bank's most important members believe a rates hike next month would be appropriate. On the data front, U.S. housing starts for October fell 11%, while building permits rose 4.1%. Single-family building permits rose 2.4% to their highest level since December 2007. European and Asian equities closed mixed amid security concerns. The Dow Jones industrial average traded 172 points higher, or 0.98%, at 17,661. The S&P 500 traded 21 points higher, or 1.11%, at 2,073, with health care leading all sectors higher. The Nasdaq rose 64 points, or 1.3%, to 5,051. Gold is seen trading about 0.2% higher, crude oil is seen trading about 0.3% higher, and the U.S. dollar is seen trading marginally higher about  1:00pm Chicago time.
Tuesday, there were 829 contracts traded, up from 681 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday decreased by 66 contracts to 12,435.

Thai Government Decision to Use Liability Law in Rice Pledging Case is "Fair," Says Deputy PM

Nov 18, 2015

The Deputy Prime Minister of Thailand has defended the government stance to employ the liability law/administrative order to seek financial compensation from the accused in the rice pledging case, including the former Prime Minister, as "fair" and straightforward, according to local sources.
The Dy.PM was responding to calls by the former Prime Minister and other critics for the government to opt to file a civil suit against the accused. He noted that the liability law, which holds state officials to account for their decisions in office, has been around for the past 19 years and has been used in a number of cases. "It is not a new legal mechanism created to treat any particular party in an unfair manner," he said.
Explaining why the government chose the liability law option, he noted that taking action under administrative law, and filing a civil suit have their own advantages and disadvantages. "The committee pursuing liabilities against wrongdoers in the state sector is more familiar with the liability law, having processed more than 5,000 such cases in the past years, so it went for this option," he said.
He also noted that those affected by the government's decision to take action under the liability law feel they are being treated unfairly, they can appeal in the Administrative Court. They can also appeal to the Supreme Administrative Court, if they lose their fight in a lower Administrative Court, he said.
He noted that "if the government doesn't address the losses incurred by the rice-pledging scandal, it will be ultimately held responsible for the losses."  
Meanwhile, responding to an open letter by the former PM on her Facebook saying "judicial power" is being prioritised over the courts, earlier this week, the Thai Premier also noted that the accused can appeal to the Administrative Court if they have enough evidence to prove the government's decision is unfair.

Thai Police Detain Convicted Rice Trader Trying to Flee Country

Nov 18, 2015

The Thai police have detained a convicted rice trader, Wittayakorn Thongsean, at the Suvarnabhoomi airport after getting information that he was fleeing to Laos, Reuters quoted Bangkok Post.
In 2006, Wittayakorn, along with some associates, was found guilty of violating the Rice Trading Act and deceiving farmers in Roi Et province into selling their rice to them. All the three were sentenced to five years imprisonment. But were granted bail later.
The Police noted that the trio owned a rice export business, Wittaya Group International, and they negotiated with farmers of an agricultural cooperative to buy 236 tons of rice for 4.3 million baht (around $118,195). However, they paid about 970,000 baht (around $26,926) less than the agreed price. Therefore, he
He reportedly missed a recent court appearance and the Roi Et Provincial Court issued an arrest warrant on May 25.
Wittayakorn, however, denied of fleeing the country. He reportedly told police that he was going abroad on a personal work.

Global Rice Quotes
November 19th, 2015

Long grain white rice - high quality
Thailand 100% B grade          360-370           ↔
Vietnam 5% broken    370-380           ↔
India 5% broken         345-355           ↔
Pakistan 5% broken    315-325           ↔
Myanmar 5% broken   405-415           ↔
Cambodia 5% broken             415-425           ↔
U.S. 4% broken           490-510           ↔
Uruguay 5% broken    535-545           ↔
Argentina 5% broken 530-540           ↔
Long grain white rice - low quality
Thailand 25% broken 345-355           ↔
Vietnam 25% broken 355-365           ↔
Pakistan 25% broken 290-300           ↔
Cambodia 25% broken           400-410           ↔
India 25% broken       325-335           ↔
U.S. 15% broken         500-510           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd            350-360           ↔
Pakistan parboiled 5% broken stxd    405-415           ↔
India parboiled 5% broken stxd         340-350           ↑
U.S. parboiled 4% broken       590-610           ↔
Brazil parboiled 5% broken    545-555           ↔
Uruguay parboiled 5% broken            NQ      ↔

Long grain fragrant rice
Thailand Hommali 92%          725-735           ↔
Vietnam Jasmine         450-460           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             830-840           ↔

Thailand A1 Super      325-335           ↔
Vietnam 100% broken            330-340           ↔
Pakistan 100% broken stxd    280-290           ↔
Cambodia A1 Super   355-365           ↔
India 100% broken stxd         285-295           ↔
Egypt medium grain brokens NQ      ↔
U.S. pet food 330-340           ↔
Brazil half grain          NQ      ↔
All prices USD per ton, FOB vessel,

Oryza U.S. Rough Rice Recap - Prices Weaken ahead Of Iraqi Grain Board Tender Announcement

Nov 19, 2015

The U.S. cash market was weaker today ahead of the Iraqi Grain Board’s tender award announcement expected sometime tomorrow.
Most analysts are skeptical that the U.S. will be awarded given that there were 350,000 MT of long grain milled rice offered out of South America at cheaper levels compared to the best offer from the U.S.
However, others note that with logistics sometimes being problematic in South America, the IGB may prefer to buy one or some cargos from the U.S. despite the higher cost.

Vietnam Rice Sellers Lower Some of Their Quotes Today; Other Asian Quotes Remain Unchanged

Nov 18, 2015

Vietnam rice sellers lowered their quotes for glutinous rice by about $5 per ton to around $455 - $465 per ton today. Other rice quotes remain unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $350 - $360 per ton about $20 per ton discount on Vietnam 5% rice shown at around $370 - $380 per ton. India 5% rice is indicated at around $345 - $355 per ton, about $30 per ton premium on Pakistan 5% rice shown at around $315 - $325 per ton.
25% Broken Rice
Thailand 25% rice is indicated at around $345 - $355 per ton, about $10 per ton discount on Vietnam 25% rice shown at around $355- $365 per ton. India 25% rice is indicated at around $325 - $335 per ton, about $40 per ton premium on Pakistan 25% rice shown at around $285 - $295 per ton.
Parboiled Rice            
Thailand parboiled rice is indicated at around $350 - $360 per ton. India parboiled rice is indicated at around $335 - $345 per ton, about $70 per ton discount to Pakistan parboiled rice last shown at around $405 - $415 per ton.                         
100% Broken Rice

Thailand broken rice, A1 Super is indicated at around $325 - $335 per ton, about $5 per ton discount to Vietnam 100% broken rice shown at around $330 - $340 per ton. India's 100% broken rice is shown at around $285 - $295 per ton, about $5 per ton premium on Pakistan broken sortexed rice shown at around $280 - $290 per ton.

Contents have been shared with permission of with thanks

18th November,2015 Daily Global Rice E-Newsletter by Riceplus Magazine-Latest Rice News Updates

Rice News Headlines...
·         Bumper rice crop leads gov’t to up its purchase plan
·         N1trn Food Importation Unsustainable – PMB
·         Bio-fortified rice, food crops to hit market in 2 years
·         11/18/2015 Farm Bureau Market Report
·         USA Rice Travels with USDA on Trade Mission to Africa  
·         CCC Announces Prevailing World Market Prices
·         CME Group/Closing Rough Rice Futures  
·         The biriyani masters of Triplicane
·         Recipe: Harissa chicken with persian-style rice salad
·         APEC 2015: Indonesia Promises to Develop Hybrid Rice
·         Governor Wants to Keep Imported Rice Out from Central Java
·         Buhari: Rice importation no longer sustainable
·         Paddy arrival reaches 53.44 lakh tonnes in Haryana
·         CBE regulates exporting rice
·         Nagpur Foodgrain Prices Open-November 18

News Detail...

Bumper rice crop leads gov’t to up its purchase plan

Nov 18,2015
The government and ruling Saenuri Party are planning to purchase an additional 150,000 tons of rice on top of 200,000 tons of rice they had earlier agreed to buy. The plan comes amid growing worries over the largest harvest in six years, which could lead to a stiff price drop. While a final figure for the second phase of rice purchases will be made during a government-Saenuri Party meeting next week, it was revealed that the party proposed the government make an additional purchase of 150,000 tons for the sake of farmers. The measure is intended to prevent a dramatic drop in rice price from the abundant crop of this year, which is expected to hit 4.32 million tons, the highest in six years, according to Statistics Korea. 
“Rice production this year turned out to be larger than initially expected, prompting the party to request another purchase of 150,000 tons of rice by the government,” said a senior party official. The Ministry of Strategy and Finance is now talking with the Ministry of Agriculture, Food and Rural Affairs to finalize the amount of rice to be bought and the scope of budget to be spent.” The government and ruling party had earlier agreed to buy 200,000 tons of rice during a meeting on Oct. 26 and indicated they would consider buying another 90,000 tons after reviewing forecasts for 2015 rice production to be released by Statistics Korea days later.On Friday, Statistics Korea announced the year’s crop was 4.32 million tons, 1.6 percent higher than an earlier projection at 4.25 million tons, prompting the governing party to push for an additional purchase of 150,000 tons. 

But while the two sides have agreed on the purchase of 350,000 tons of rice in total, the opposition New Politics Alliance for Democracy (NPAD) is calling for 400,000 tons of rice to be bought to prevent rice prices from plummeting. During a meeting with NPAD leader Moon Jae-in, Kim Young-ho, who heads the Korean Peasants League, said an additional purchase of 200,000 tons ? not 150,000 tons ? was needed to keep the rice price from falling. 
Moon agreed, noting the rice price continued to drop even after the government announced its intention to purchase 200,000 tons in the first phase, and pledged to help meet the farmers’ demand. While the government and politicians agree on the need for the government to buy and store rice to keep the rice price stable, the costs associated with storing government-purchased rice are high. And the issue becomes more complicated when considering decreasing consumption of rice in the country. 
Last year, the average consumption of rice per Korean fell to 65 kilograms a year, down 20 percent from 81 kilograms in 2005. Over the nine years, Korea has produced an average surplus of 720,000 tons of rice. During years of the so-called Sunshine Policy by two liberal governments, which pursued engagement with North Korea thorough business cooperation and aid, surplus rice production was sent as aid to the Communist state. But with the chill in inter-Korean relations over the past seven years under conservative governments, rice donations stopped.As of August, the amount of rice in storage was 1.37 million tons. It costs more than 500 billion won ($427.5 million) to store rice every year. It costs 3.6 billion won of taxpayers money to store one ton of rice a year. 


N1trn Food Importation Unsustainable – PMB

Description: Description: Buhari1President Muhammadu Buhari yesterday declared that the N1 trillion spent on importation of food is no longer sustainable as most of the food can be produced locally .According to him, agriculture had always been the mainstay of the nation’s economy but was abandoned following the discovery of oil.The president, who stated this at the launching of the Central Bank of Nigeria’s Anchor Borrowers’ Programme and the commencement of the dry season farming, disclosed that the falling oil prices had left Nigeria with no other option but to diversify.
The Anchor Borrower programme of the CBN is initiated to develop rice production in the country with Kebbi State as starting point and model. Buhari in Kebbi , provides a flat form for a tripartite collaboration between rice farmers ,rice millers as up -takers and commercial banks.Under the programme,CBN provide loans to the farmers which will be accessed through commercial banks and rice processors such as LABANA ,UMZA , POPOLA foods will mop up the entire farmer production.“The importance of agriculture in the economy cannot be over emphasised. Prior to the advent of oil, our country survived on agriculture production,” the president said.He said that agricultural produce such as groundnuts, palm oil, cotton and rubber plantation used to be the mainstay of the economy.
President Buhari recalled that during this period, the economy of Nigeria was built on agricultural activities and the country’s gross domestic product grew steady adding that banks and investment companies were financed from farming surpluses.Buhari lamented that the discovery of oil was expected to compliment the country’s agriculture productivity, however, this was not so, as oil was allowed to completely replace it.
He said; Our current trend at the international oil market had brought to fore the urgent need to diversify both the productive and revenue based of our economy and to conserve our foregoing reserve by limiting our appetite for importation of goods that we can easily produce locally,” .He stressed that that the price of oil had plummeted in the international market which has a negative effect on the nation’s economy putting government at all levels at risk .President Buhari reiterated that economic diversification is no longer an option for the country, it is the only way to economic momentum and the drive to prosperity.

Bio-fortified rice, food crops to hit market in 2 years

Bio-fortified rice and other food crops will be made available in the market within two years, said V. Ravindra Babu, director, ICAR-Indian Institute of Rice Research. The rice variety developed in IIRR will have zinc and protein content.The institute is also conducting bio-fortification research on eight other crops including wheat, sorghum and bajra among others. Bio-fortified crops have medical properties and are good for newborns and nursing mothers. He was speaking on the sidelines of a media conference held to announce the dates for International Rice Symposium- 2015 where farmers, academics, researchers and industry experts collaborate and hold dialogues with one another.
11/18/2015 Farm Bureau Market Report
Long Grain Cash Bids
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Long Grain New Crop
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Jan '16
Mar '16
May '16
Jul '16
Sep '16
Nov '16
Jan '17
Description: Description: DTN Description: Description: CME Group Description: Description: Click here for info on Exchange delays.

Rice Comment

Rice futures ended lower but charted and inside day and didn't negate the positive chart signal seen yesterday. January will have resistance near $12.50 on the rebound, though. Global ending stocks for 15/16 were raised by 3 percent (2.7 million tons) due to an increase in beginning stocks and a decrease in consumption in the November report. The average long-grain price is projected down $1.30 from last month to $11.50 to $12.50.
USA Rice Travels with USDA on Trade Mission to Africa  
USA Rice's Eszter Somogyi and  AR Ag Secretary Wes Ward
ACCRA, GHANA -- The U.S. Department of Agriculture (USDA) is conducting a week-long Agribusiness Trade Mission to Sub-Saharan Africa here, setting up meetings with local entities interested in establishing trade relations with U.S. companies.  The U.S. delegation, led by USDA Deputy Secretary Krysta Harden and including USA Rice and Arkansas Secretary of Agriculture Wes Ward, is the largest ever to visit West Africa.Secretary Harden spoke at today's opening ceremony as did local ministers from Ghana, Ivory Coast, and Nigeria.Tomorrow's agenda includes a cooking competition, part of the USA Rice lead Global Based Initiative (GBI) activity, where foodservice professionals will vie to prepare the best dish using U.S. rice, poultry, and peanuts.  The aim of the event is to increase usage of these products and generate positive media coverage on local TV, radio, and press.
Contact:  Eszter Somogyi 011-49-40-4503-8667
Opening ceremonies with Secretary Krysta Harden (seated, second from left
CCC Announces Prevailing World Market Prices
WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporationtoday announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2015 crop, which will become effective today at 7:00 a.m., Eastern Time (ET).  Prices are unchanged from the previous announcement.

World Price

Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long Grain
Medium/Short Grain

This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:

U.S. Milling Yields
Loan Rate
Long Grain
Medium/Short Grain

The next program announcement is scheduled for
 November 25, 2015.    

CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for November 18 
Net Change

January 2016
- $0.225
March 2016
- $0.220
May 2016
- $0.220
July 2016
- $0.220
September 2016
- $0.085
November 2016
- $0.085
January 2017
- $0.085

The biriyani masters of Triplicane

Description: Description: All set for the stove Photo: S.R.Raghunathan


As Triplicane becomes the mecca for flavourful biryani, the writer meets the makers behind the dish

Mohammed Meeran scoops a ladle of golden-orange biryani onto a plate and hands it to a hungry customer, a light smile playing on his lips. Another customer arrives on a bike; a couple of boys hop off from a bicycle. Soon, a small crowd forms in front of his shop that also serves as his kitchen. Meeran is the cook, the waiter and the owner of the hole-in-the-wall restaurant on Dr. Besant Road in Triplicane. “It’s not easy being a biryani master,” he tells us earlier in the day, as he stirs a 20 kg pot of basmati rice simmering in a deep-red concoction of spices and meat.
 “It took me several years of waiting and observing to become one.”So, who is a biryani master? “Someone who’s adept at making biryani, of course,” says Askar Hassain, chuckling. Can anyone become a master? “No,” he says. “That’s where the trick lies. A master may have five helper boys hovering about, chopping vegetables and doing odd jobs. But just one or two amongst them gets to become a biryani master himself,” he explains. “You need to have it in you. Kai pakkuvam, as they say. The master will take notice of the helper who’s most observant and gifted and will take him under his wing.”Askar has been a master for over 20 years. The 62-year-old came to Chennai in his twenties to work in a transport company. “I stayed at a rented house in Royapettah then. The ground floor was let out to a biryani master. I would observe them at work every day. Soon, I joined the team as a helper to peel onions and cut tomatoes.”
A biryani master is highly respected. “The job pays you more than a bank or an IT company,” says S. Shama, who owns four biryani outlets in Triplicane. “The senior masters make up to Rs. 1,200 a day, working less than five hours.” A day’s wage starts at Rs. 750. The more experienced the master, the better he is paid.It’s not easy to make that perfect biryani, that too in mammoth quantities. “The stage when the par-boiled rice is added to the spice and meat masala is crucial. The master has to function with utmost precision and speed, or else the entire batch will go waste,” explains Shama. It takes years to get this right.“And plenty of patience and a thick skin,” according to Meeran. “When you’re a helper, you’re at the master’s command. You do as he asks,” he says. “Not every master is open to sharing his trade secrets. Until he decides you’re worthy enough to absorb all that he learned over several decades, it’s a difficult life. You just chop this vegetable or clean that dish with no idea of what you’re doing.”
The more experienced of masters graduate as wedding cooks. They hire a team and a room of their own and are busy throughout the year. Tippu Street, Begum Street, Mohammed Hussain Street… every narrow by-lane off Dr. Besant Road is said to house at least five biryani masters. Biryani is the lifeblood of this locality: the soot-smeared aluminium troughs and gigantic ladles employed for the purpose peek from every odd corner; walk by the stretch at noon and you are assaulted by the sweet smell of ginger and garlic frying in oil and the clang of metal against metal as the pots are hauled from their resting places and placed over the stove.
“The area has a 1000-people-strong biryani ecosystem,” says Lookman Ali, who owns two restaurants on Triplicane High Road. “Every person you bump into will have something to do with biryani.” Shama says that in the last six months, 18 new biryani outlets have cropped up along the road. “The story goes that you can never run into losses if you enter the food business in Triplicane,” he adds. “In the next five years, this road will be similar to the cramped Ritchie Street; only every shop here will be food-related.”
There are some biryani masters whose names are uttered with the ‘bai’ prefix out of respect. Dhinu Bai, Razaaq Bai, Noor Bai… These are the best masters of all time, who trained several young men over the years. Can we meet them? “Of course not,” Shama laughs. “You can’t catch hold of them that easily. No one can say where they’ll be now. But you can be sure of one thing — they’re making biryani somewhere.”
Recipe: Harissa chicken with persian-style rice salad
Last updated 15:30, November 18 2015
Kieran Scott
This fragrant salad is best served warm or at room temperature.
Boekhouden voor het MKB. Professioneel. Eenvoudig. Goedkoop.
Serves: 6
1 red capsicum
1 red onion, coarsely chopped
3 cloves garlic
1 teaspoon paprika
1 teaspoon cumin seeds, toasted then crushed
1 teaspoon coriander seeds, toasted then crushed
2 large red chillies (or 1 teaspoon chilli powder), finely chopped (seeds in)
Juice of 2 lemons
Extra virgin olive oil to mix
Salt and freshly ground black pepper
1. Roast the capsicum in the oven or over a gas flame (holding it with tongs) until the skin has blistered and darkened. When cool, peel off the skin and remove the core and seeds. Place the flesh in a food processor with the onion, garlic, spices and chillies. Pulse until smooth then add the lemon juice and drizzle in the oil in a thin stream with the motor running until a paste forms. Taste and season. Description: Description: This fragrant salad is best served warm or at room temperature.
1.5kg chicken
Salt and freshly ground black pepper
Olive oil for drizzling
3 tablespoons vegetable or olive oil, plus extra for dressing
2 small onions, finely diced
3cm piece ginger, peeled and grated
1 1⁄2 teaspoons ground allspice
350g (1 1⁄2 cups) basmati rice, rinsed under cold water and drained
50g sultanas
1 stick cinnamon
Juice of 2 lemons
100g flaked almonds, lightly toasted
100g pine nuts, lightly toasted
1⁄2 cup loosely packed chopped flat-leafed parsley leaves
1⁄2 cup loosely packed torn mint leaves
1. Preheat the oven to 180°C.
2. Season the chicken inside the cavity with salt and pepper. Place in a roasting tray and rub the skin liberally with the harissa, reserving 2 tablespoons for the dressing. Drizzle a little oil over the chicken and place in the oven until the juices run clear when a skewer is inserted in the thickest part of the thigh (at least 1 hour) and the skin is crisp, basting from time to time; if the bird is darkening too quickly, cover with a tinfoil "tent".
3. While the chicken is cooking prepare the rice salad. Heat the oil in a large saucepan and fry the onions over medium heat, letting them colour without burning.
4. Sprinkle the ginger and allspice over the onions, and fry for 30 seconds or so. Pour in the rice and stir to coat with the onion mix. Reduce the heat to low, add the sultanas and enough water to cover the rice by 1.5cm. Add the cinnamon stick and cover the saucepan. Leave to cook slowly until the rice is tender (25-30 minutes).
5. Take off the heat, uncover, tip on to a platter and discard the cinnamon stick. Squeeze the juice of 1 lemon over, stir in the nuts, season with salt and pepper, and add the parsley.
6. While the rice is cooking, shred all the meat and skin off the chicken and place somewhere warm.
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7. Whisk the reserved harissa with the remaining juice of 1 lemon and a little olive oil to make a light dressing.
8. Mix the chicken skin and meat through the pilaf while still warm with a fork. Drizzle the harissa dressing over and garnish with mint leaves.
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APEC 2015: Indonesia Promises to Develop Hybrid Rice
WEDNESDAY, 18 NOVEMBER, 2015 | 17:12 WIB
TEMPO.CO, Jakarta - The Indonesian government is committed to develop hybrid rice seeds in order to achieve food self-sufficiency amid its growing population.  Description: Description: APEC 2015: Indonesia Promises to Develop Hybrid Rice
Vice President Jusuf Kalla made the statement when asked for comments regarding Indonesia's food self-sufficiency during the 'Summit Dialogue on Growth' at the 2015 APEC CEO Summit in Manila, Wednesday, November 18.Kalla said the government will empower a state-owned company engaged in agribusiness, PT Sang Hyang Seri, to continue with its research and development on hybrid rice seed production.
Through the development of hybrid rice seeds, Kalla said the government could reduce imports next year."We hope things will improve by next year so that we wouldn't have to import," the VP said.Kalla admitted that Indonesia has not been able to be self-sufficient when it comes to food; resorting to rice imports from neighboring countries to maintain supply and economic stability.In Indonesia, the size of agricultural land is decreasing as they have switched functions as housing areas for its 250-million population.
Governor Wants to Keep Imported Rice Out from Central Java
WEDNESDAY, 18 NOVEMBER, 2015 | 22:28 WIB
TEMPO.CO, Jakarta - Central Java's Governor Ganjar Pranowo said that he will not allow imported rice to enter the borders of Central Java, out of fear that it will drive local farmers to suffer losses. "I can respect the central government for having has a different reasoning behind its' decision. I don't agree with rice imports, so it should not be traded here," said Pranowo during a working visit in Klaten regency on Wednesday, November 18, 2015. Description: Description: Governor Wants to Keep Imported Rice Out from Central Java
Pranowo said that rice imports could cause rice prices to drop in the local market, especially when the 'floodgates' are completely opened. The governor also said that rice stocks in Central Java is enough to meet all of its' residents needs until April 2016."We have a surplus of some three million tons of rice - this is enough to last well into April 2016," said Pranowo, who said that he has instructed the Food Security Agency to do whatever it can to prevent imported rice from entering the province.
Previously, the Head of Central Java's Food Security Agency, Whitono, had said that Central Java's rice stocks is enough to meet the needs of its' residents until the end of 2015 - surpassing initial predictions driven by good harvest yields towards the end of 2015."We managed to produce some 10.6 million tonnes of rice - a 10.8 percent increase compared to 2014," said Whitono. "As such, we do not need imports. as we have at least 1 million tonnes of rice in reserve.""Central Java residents use around 250,000 tonnes per month - so we are safe for at least four months from now," Whitono concluded.
Image: A local resident purchase imported rice at the Cipinang market in Jakarta. TEMPO/Subekti
Buhari: Rice importation no longer sustainable

November 17 21:46 2015 by Taiwo George  0 Comments Advertisement President Muhammadu Buhari on Tuesday said Nigeria can no longer sustain the importation of rice and other food items that can be locally produced. Speaking in Kebbi state at launch of the Central Bank of Nigeria’s Anchor Borrowers’ project, Buhari said his government remained committed to developing agriculture. He highlighted the role which agriculture played in the economy before the discovery of oil, saying the sharp decline in the price of oil has left Nigeria with no other option but to “diversify” its economy. “The importance of agriculture in the economy cannot be over emphasised,” he said.

“Prior to the advent of oil, our country survived on agricultural production with huge economic potentials from our palm oil, groundnut, cotton, and rubber plantations. During this period, the economies of our sub region were built on agricultural activities and our gross domestic product grew steadily. Our first generation state-sponsored banks and investment companies were financed with incomes from farming surpluses.
“The discovery of oil was expected to complement our agricultural productivity but we allowed oil to almost completely replace it. Current trends in the international oil market has brought to fore the urgent need to diversify both the productive and revenue base of our economy and conserve our foreign reserve by limiting our appetite for importation of goods that we can easily produce locally. “The international price of oil has plummeted from a peak of $116 per barrel in June 2014 to as low as $46 per barrel in early 2015.
 “This means there are limited resources available to government at all levels and hence economic diversification is no longer an option for us as a nation. It is the only way to reclaim economic momentum and drive to prosperity. One way to do this is to go back to the land and develop our agricultural production. “The anchor borrowers’ programme has been designed as a one-stop solution for the agriculture value chain by creating economic linkages between farmers and processors to not only ensure increased agricultural output but also importantly, to reduce on dependence on imported foods.
“I am not surprised at the choice of rice for the programme’s pilot because rice has assumed the status of a major staple food in Nigeria. Despite the increasing importance of rice in Nigeria’s households, we still import a majority of our needs for rice. “In 2014 for example, the total demand for milled rice in Nigeria was estimated to be about 6.1 million metric tonnes, of which 2.6 million metric tonnes was produced locally while the rest was imported. Equally, the demand for wheat in Nigeria is now about 5 million metric tonnes, a significant amount of which can be produced locally.
“These statistics are disturbing because Nigeria has one of the best climatic and land resources to support the production and even exportation of a wide range of crops including rice and wheat. With reports showing steady increase in local wheat production, I am fully convinced that this nation can produce all it requires to feed our people. “The nation is blessed with several varieties of rice that can be explored to optimum potential.”

Paddy arrival reaches 53.44 lakh tonnes in Haryana

Press Trust of India  |  Chandigarh 

Paddy arrival continues to surge in Haryana during the current Kharif season as so far more than 53.44 lakh tonnes (LT) of crops have arrived in the mandis as against 40.53 LT last year. Government procurement agencies purchased more than 42.12 LT paddy while millers and dealers bought 11.32 LT paddy, a spokesman of the Food and Supplies Department said today. The Food and Supplies Department purchased more than 19.21 LT of paddy followed by 14.88 LT by Hafed, 4.34 LT by the Haryana Agro-industries Corporation and 3.67 LT by the Haryana Warehousing Corporation. He added the farmers have been advised to clean and dry their harvest before bringing it to the market so that they do not face any problems in storage.

CBE regulates exporting rice

Daily News Egypt
The Central Bank of Egypt (CBE) issued new instructions to regulate exporting rice to abroad.The CBE's instructions stipulate listing rice among the commodities that exporters must complete exportingprocedures for through the banks operating in the Egyptian market. Moreover the exporter must obtain a document proving that the exporter did so to submit it to the concerned customs office before the shipping.The CBE issued in April 2013 instructions to banks to adhere to decision No. 235/2013 of the Ministry of Industry that stipulates exporting 13 commodities through one of the banks operating in Egypt.
The commodities subjected to these instructions include gold and gold jewellery, urea, copper rolls, iron or steel plates, iron or steel sticks, carbon black, anhydrous ammonia, cotton, crude aluminium, cane or beet sugar, cement, raw marble and granite, or that which is initially polished, or only cut through sawing or other methods.
The CBE's instructions stipulate that the bank should issue a document for the exporters of these commodities, as long as the banks receive a written guarantee from theexporter including the period for the exports' proceeds, and that the proceeds will be placed in accounts at the bank that issued the document.If the proceeds are not received within a maximum of 180 days from the shipping date, or the exporter does not provide the date of receiving the proceeds, within a maximum of a year from the shipping date, and after following up with the client, the bank that issued the document must report to the CBE.
The defaulting client's data will then be circulated in the banking sector, and the client is listed as a defaulter, in order to prevent any future operations.The bank must also report also Ministry of Trade and Industry, the foreign trade sector, and the Egyptian Customs Authority, to take the necessary procedures towards the defaulting client.

Nagpur Foodgrain Prices Open-November 18

Wed Nov 18, 2015 2:57pm IST
Nagpur, Nov 18 Gram prices today reported higher again in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on increased buying support from local millers. Fresh rise on NCDEX and reported demand from South-based millers also helped to push up prices, according
to sources. 
               *            *              *              *
   * Desi gram raw showed weak tendency in open market on poor demand from local traders 
     amid high moisture content arrival.
   * Tuar gavarani and tuar Karnataka recovered strongly in open market here on increased 
     seasonal demand from local traders amid tight supply from producing regions. 
   * Rice basmati recovered strongly in open market on good demand from local traders 
     amid tight supply from producing belts.  
   * In Akola, Tuar - 10,000-10,300, Tuar dal - 15,800-16,200, Udid - 
     13,600-14,000, Udid Mogar (clean) - 17,000-17,700, Moong - 
     9,500-9,800, Moong Mogar (clean) 10,800-11,200, Gram - 4,200-4,300, 
     Gram Super best bold - 6,000-6,200 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                4,100-4,980         4,100-4,840
     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         4,900-5,000
     Gram Filter new            5,400-5,600        5,400-5,600
     Gram Kabuli                6,000-8,000        6,000-8,000
     Gram Pink                        6,800-7,500        6,800-7,500
     Tuar Fataka Best             16,000-16,500        16,000-16,500
     Tuar Fataka Medium             15,000-15,500        15,000-15,500
     Tuar Dal Best Phod            14,000-14,500        14,000-14,500
     Tuar Dal Medium phod            12,500-13,000        12,500-13,000
     Tuar Gavarani New             10,600-11,100        10,500-11,000
     Tuar Karnataka             11,100-11,600        11,000-11,500
     Tuar Black                 17,000-17,500        17,000-17,500 
     Masoor dal best            7,500-7,800        7,500-7,800
     Masoor dal medium            7,100-7,400        7,100-7,400
     Masoor                    n.a.            n.a.
     Moong Mogar bold            10,500-11,500       10,500-11,500
     Moong Mogar Med            9,900-10,800        9,900-10,800
     Moong dal Chilka            8,500-9,500        5,500-9,500
     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)    16,500-18,000       16,500-18,000     
     Udid Mogar Medium (100 INR/KG)    14,000-16,000        14,000-16,000    
     Udid Dal Black (100 INR/KG)        10,200-11,000        10,200-11,000     
     Batri dal (100 INR/KG)        5,800-6,200        5,800-6,200
     Lakhodi dal (100 INR/kg)          4,800-5,000         4,800-5,000
     Watana Dal (100 INR/KG)            3,200-3,400        3,200-3,400
     Watana White (100 INR/KG)              3,000-3,100           3,000-3,100
     Watana Green Best (100 INR/KG)    3,200-3,500        3,200-3,500   
     Wheat 308 (100 INR/KG)        1,600-1,700        1,600-1,700
     Wheat Mill quality (100 INR/KG)    1,550-1,650        1,550-1,650   
     Wheat Filter (100 INR/KG)         1,550-1,750        1,550-1,750
     Wheat Lokwan best (100 INR/KG)    2,000-2,400        2,000-2,400    
     Wheat Lokwan medium (100 INR/KG)   1,850-2,100        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)        3,500-3,800        3,500-3,800    
     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)    8,200-10,200        8,000-10,000     
     Rice Basmati Medium (100 INR/KG)    7,200-7,600        7,000-7,500    
     Rice Chinnor best(100 INR/KG)    5,200-5,500        5,200-5,500    
     Rice Chinnor medium (100 INR/KG)    4,600-5,000        4,600-5,000    
     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
Maximum temp. 31.1 degree Celsius (87.8 degree Fahrenheit), minimum temp.
16.2 degree Celsius (61.2 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 31 and 15 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices.)