Today Rice News Headlines...
1.
Rice exports miss the mark again
2.
Pakistan, Indonesia lock $40 crore
rice deal
3.
Indonesia Eyes New Rice Deal with
India Amid Shortage
4.
Pak-Kenya JMC to be held after 12 years;
PTA to be discussed
5.
Business Honors for Jan. 10, 2016
6.
DITORIAL - Science and the
environment
7.
CARICOM Secretary-General on rice
importation dispute
8.
Rice stocks good for 90 days – PSA
9.
Haryana, Punjab provide 20 per
cent more rice for central pool
10. APEDA Rice Commodity News
News Detail...
Rice exports miss
the mark again
Mon, 11 January 2016
Five years after setting out an ambitious 1 million-tonne milled
rice export target, the rice sector fell well short of the mark last year,
exporting close to 550,000 tonnes, with industry experts cautiously optimistic
over export increases in 2016.The Agriculture Ministry’s report, released on
Friday, shows that rice exports in 2015 were up 39 per cent compared to 2014,
with exports shipping 538,000 tonnes of milled rice, with the sector managing
387,000 tonnes in 2014.The completion of a 100,000-tonne export quota to China
in April made the country the largest destination for Cambodian rice, followed
by France and Poland. Jasmine and fragrant rice, led by phka romduol and phka
malis, continued to dominate exports, accounting for 51 per cent of shipments,
whereas 41 per cent of exports were white rice.“We are always seeking
negotiations for new quotas to China, which is the main reason for increasing
rice exports and an achievement of the government,” Vanhan said.Vanhan added
that in order to fulfill China’s high standard requirement – a result of the
Kingdom inking a new rice quota late last year – the ministry was
inspecting the capacity of rice millers, as well as keeping an eye on hygiene
and phytosanitary requirements.He added that the drought situation affecting
parts of the country would have only a slight impact on exports, but that there
was 4 million tonnes of paddy in storage that could be used for exports this
year.While Cambodian exporters are making progress towards the 1 million-tonne
target, Yang Saing Koma, former president of the Cambodia Center for Study and
Development in Agriculture, said there would be an increase in exports this
year, albeit a small one.
“We are always seeking negotiations for new quotas to China, which is the main reason for increasing rice exports and an achievement of the government,” Vanhan said.Vanhan added that in order to fulfill China’s high standard requirement – a result of the Kingdom inking a new rice quota late last year – the ministry was inspecting the capacity of rice millers, as well as keeping an eye on hygiene and phytosanitary requirements.He added that the drought situation affecting parts of the country would have only a slight impact on exports, but that there was 4 million tonnes of paddy in storage that could be used for exports this year.While Cambodian exporters are making progress towards the 1 million-tonne target, Yang Saing Koma, former president of the Cambodia Center for Study and Development in Agriculture, said there would be an increase in exports this year, albeit a small one.
“The potential of milled rice exports is still limited, because there are no measures to control the cost of production” he said.Long-talked about issues, such as the lack of capital, high transportation and electricity costs, were going to inhibit farmers from making progress on improving their production, according to Koma.“Irrigation and technical expertise for rice farmers is still limited, as a result farmers cannot get high yields of rice,” he said.
The Sokha, member of the executive committee for global market promotion at the Cambodia Rice Federation, said that despite the increase in exports, profits were not mirroring this uptick in shipments.“We have a lot of challenges in the rice market, such as exports from Thailand, Vietnam and Myanmar, so rice exporters could not make as much profit as they have in previous years,” she said.Despite not reaching the export target, Sokha said she was optimistic that the Kingdom could increase its shipments this year.“We need to get a brand name for our high-quality jasmine rice, in order to build more confidence and spread to new markets,” she said. “Rice branding will help increase sales in the domestic and international market.
”According to the export figures, Amru Rice was the biggest exporter of rice last year, recording 11.3 per cent of shipments, followed by Khmer Foods Group and Golden Rice Cambodia.A man stacks sacks of rice at a warehouse in Phnom Penh last week. Last year Cambodia exported nearly 550,000 tonnes of rice, falling short of the government’s 1 million-tonne target. Hong Menea
http://www.phnompenhpost.com/business/rice-exports-miss-mark-again
Pakistan, Indonesia lock $40 crore rice deal
In 2013, a free trade pact was signed between Pakistan and Indonesia
ISLAMABAD (Dunya News) – Pakistan and Indonesia have inked a rice deal under free trade pact that was signed in 2013, Dunya News reported Friday.Ministry of Trade has stated that Indonesia’s State Logistic Company has made a deal with Trade Corporation of Pakistan for import of rice.According to the agreement Pakistan will export 10 lac metric tonne rice worth USD 40 crore from 2016-19. At the time, trade total between the two sides is above USD 2 billion.In 2013, a free trade pact was signed between Pakistan and Indonesia.
Trade ministry will conduct legal proceedings in 2016 to improve rice production and stable its price
http://dunyanews.tv/en/Business/316735-Pakistan-Indonesia-lock-40-crore-rice-deal
Indonesia Eyes New Rice Deal with India Amid Shortage
The country’s trade minister says Jakarta is mulling a new pact with New Delhi.
By Prashanth Parameswaran
January 08, 2016
Indonesia is mulling importing rice from India as the country struggles with a temporary shortage of the staple food product in early 2016, the country’s trade minister said Wednesday. Last year’s prolonged El Niño had resulted in the rice planting season in Indonesia being postponed, leading to depleted rice stocks in the first quarter of 2016. While officials expect domestic production to rise again by April, Jakarta has nonetheless been looking for new import sources to fill the current shortfall and to forestall price hikes.On Wednesday, Trade Minister Thomas Lembong said that Indonesia was considering signing a memorandum of understanding (MoU) with India. New Delhi, which exports around 10 million tons of rice a year, vied with Thailand for the title of world’s top rice exporter last year according to data from the Food and Agriculture Organization (FAO).
“We also encourage the signing of a memorandum of understanding with India,” he said according to The Jakarta Post.In December last year, Lembong had told India’s ambassador to Indonesia Gurjit Singh that Jakarta would move to include India in a list of countries from which rice imports could be authorized. Lembong is reportedly expected to broach the subject of the MoU on rice during his scheduled visit to India, which will take place from January 28 to 29 and will include a meeting with his Indian counterpart. The two Asian giants will also discuss collaboration in pharmaceuticals as well as the state of their overall economic relationship.If reached, the deal would be a boost for Indonesia. Jakarta had struggled to reach rice deals with Thailand and Vietnam last year and has been considering a number of other options. Just this week, a deal was finalized with Pakistan which will see the export of one million tons of rice valuing around $400 million over the next four years.
The rice agreement, executed by the Trading Corporation of Pakistan (TCP) and the State Logistics Agency (Bulog) of Indonesia, is the first that Jakarta has reached with a non-Southeast Asian country.Other rice import options which the Indonesian government has considered include Myanmar and Cambodia, both fellow members of the Association of Southeast Asian Nations (ASEAN).
http://thediplomat.com/2016/01/indonesia-eyes-new-rice-deal-with-india-amid-shortage/
Pak-Kenya JMC to be held after 12 years; PTA to be discussed
By Shahnawaz Akhter
January 10, 2016
KARACHI: The fourth session of the Pakistan-Kenya Joint Ministerial Commission (JMC) has been scheduled for February 10-11 in Islamabad. It will be held after 12 years when the third session was held on July 29-30, 2004 in Nairobi.Sources in the Commerce Ministry said that the agenda of the fourth session is to present fresh proposals; latest implementation status of decision taken during the third session of JMC; and the status of pending agreements / memorandum of understandings (MoUs) for signing with Kenya.The fourth session will consider the implementation of Preferential Trade Agreement (PTA) between the two countries.At the third session it was decided to implement the agreement as draft PTA was pending with the Kenyan authorities for want of their comments.
The PTA was proposed by Pakistan and the Kenyan government responded that it was consulting with the stakeholders and member states of the East African Community in line with the Customs Union Protocol, which was signed in March 2004.At the third session, the Pakistani delegation recommended that the proposed PTA should cover trade in goods and services. The two sides had agreed to discuss further once the Kenyan side concluded the consultation.The Pakistani authorities also highlighted the prevailing regulations on import of fruits and vegetables, which should be streamlined to facilitate import from Pakistan.The Kenyan authorities expressed their gratitude to Pakistan for reduction of import duty levied on Kenyan tea from 25 percent to 10 percent.The Kenyan delegation requested to consider the removal of attestation fee of 0.5 percent that was levied on the Kenyan tea entering Pakistan.
In 1999-2000, the Kenyan government had imposed restrictions of free movement of business by putting a requirement of referral visa and increased 50 percent import duty on rice from Pakistan.On April 28, 2004, an SRO was issued by the Pakistan's Commerce Ministry on the proposal of Pakistan High Commissioner, suggesting retaliatory measures, ie, one percent attestation fee on export documents of tea from Kenya. Later, the fee was reduced from one percent to 0.5 percent.Consequently, the Kenyan government provisionally withdrew 50 percent increase of duty on rice import from Pakistan for a specific period.According to updated situation issued on February 25, 2008, the Ministry of Commerce had decided to continue with the 0.5 percent attestation fee on Kenyan tea exports to Pakistan.The third session has also discussed the strategic focus on the Free Trade Agreement between the two countries; arrangement for warehousing in Kenya; and a single country exhibition
http://www.thenews.com.pk/print/89119-Pak-Kenya-JMC-to-be-held-after-12-years-PTA-to-be-discussed#sthash.UaHSGq5O.dpuf
http://www.thenews.com.pk/print/89119-Pak-Kenya-JMC-to-be-held-after-12-years-PTA-to-be-discussed
Business Honors for Jan. 10, 2016
ADVOCATE STORY
Jan. 9, 2016; 10:49 p.m.
NEW ORLEANS AREA
Louisiana Appleseed, a nonprofit that recruits professionals to donate pro bono time to advance social justice, is presenting Good Apple Awards to Jeff Richardson, Martin Stern and Ron Sholes of Adams and Reese LLP; retired JusticeHarry Lemmon; Sylvia Roberts, posthumously; Sarah Vandergriff, legal director for the Louisiana Association of Public Charter Schools; and Jessica Vermilyea, state director for Upbring Disaster Response.Richardson, Stern, Sholes and Lemmon are being recognized for research and advocacy to encourage the state Supreme Court to create a court rule allowing continuing legal education credit for attorneys who perform pro bono work to help indigent clients.
Roberts is being recognized for her passion and dedication to help victims of domestic violence, as well as for her efforts to prevent teen dating violence by educating youth about healthy relationships.Vandergriff is being recognized for strengthening schools through her collaborative work on a legal handbook for charter school board members and educating them about laws governing charter schools.Vermilyea is being recognized for her extensive work in disaster recovery, helping families across Louisiana obtain housing assistance and funds needed to repair their homes, including helping clients facing title and succession issues as barriers to recovery.
The Good Apple Gala will be held from 6:30 p.m. to 9:30 p.m. Jan. 21 at the Stage Door Canteen, National WWII Museum, in New Orleans.
AROUND LOUISIANA
Honors were presented at the recent USA Rice Outlook Conference to retired LSU AgCenter county agent Keith Fontenot, the Rice Industry Award; rice farmer Jimmy Hoppe, of Fenton, the Lifetime Achievement Award; and Kevin Norton, Louisiana state conservationist for the Natural Resources Conservation Service, the USA Rice Distinguished Conservation Achievement Award.Fontenot was recognized for his work of more than 30 years with rice farmers, having worked at the LSU AgCenter H. Rouse Caffey Rice Research Station at Crowley. He continues assisting with the LSU AgCenter Rice Verification Program.Hoppe has grown 50 crops of rice in his farming career and in retirement continues a specialty rice business and is active in several agriculture-related organizations.
http://theadvocate.com/news/business/14474479-123/business-honors-for-jan-10-2016
EDITORIAL - Science and the environment
(The Philippine Star) | Updated January 10, 2016 - 12:00am
If certain environmental warriors were active several decades ago, the so-called miracle rice might never have been developed at the International Rice Research Institute in Los Baños, Laguna. Instead in 1969, the IRRI received the Ramon Magsaysay Award for International Understanding for seven years of interdisciplinary collaboration among Asian and Western scientists to achieve “radical, rapid advances in rice culture” and consequently easing global hunger.
Specifically cited was a super rice variety designed for the tropics, which is non-photosensitive and can be planted at any season. At the time of the conferment of the award, breeders were seeking to make the new rice varieties more resistant to pests and disease.Such improved varieties do not materialize with the wave of a magic wand or by drowning them in chemicals. The plants need tinkering at a molecular level. This was what scientists were working on in developing a more pest-resistant eggplant, until the Supreme Court, responding to a petition, stepped in last month and stopped field-testing of the genetically modified vegetable.As agricultural biotechnologists and other members of the scientific and academic communities have pointed out, the SC ruling on Bacillus thuringienesis or bt talong not only stopped field-testing of the eggplant but also field trials, propagation, commercialization and importation of all genetically modified or GM crops.
The second part of the SC decision last month invalidated a 2002 order of the Department of Agriculture governing GM crops. National Scientist Ricardo Lantican, a member of the Agricultural Sciences Division of the National Academy of Science and Technology, pointed out that this was not even sought by environmental groups in the petition filed with the Court of Appeals and later reviewed by the SC.The DA can issue a new administrative order governing GM crops, but it will have to take into consideration the concerns raised in the SC ruling about the certainty of full safety in the development and field-testing of bt talong. But isn’t crop safety precisely among the factors being established in scientific research and development?
This issue will likely return to the SC. When it does, the parties involved must see to it that the high tribunal gets a broader perspective on the ways of scientific research and its goal of serving humanity. That goal is not incompatible with protecting the environment
http://www.philstar.com/opinion/2016/01/10/1541018/editorial-science-and-environment
CARICOM Secretary-General on rice importation dispute
09 January 2016— by Adele Ramos
BELIZE CITY, Thurs. Jan 7, 2016–CARICOM Secretary-General, Ambassador Irwin LaRocque, arrived in Belize this Tuesday, January 5, to meet with Belize Prime Minister Dean Barrow, who assumed the rotating chairmanship of CARICOM on January 1, and to discuss with him plans for the CARICOM Heads of Government meeting due to be held in Placencia, Stann Creek, on February 16 and 17.Upon his arrival, LaRocque found that there had been a legal dispute between the Customs Department and Jitendra Chawla, a Belizean importer whose three containers of Guyanese rice valued at roughly BZ$70,000, had been blocked at the port of entry, on the claim that he had not obtained the requisite importer’s permit.
Speaking with journalists today outside the headquarters of the Caribbean Regional Fisheries Mechanism (CRFM), where LaRocque had paid a courtesy call on the regional organization, the CARICOM Secretary-General was very cautious about passing judgment on the situation.He was adamant, though, that sanitary and phytosanitary (SPS) issues, which govern the safety and health standards of food imports “cannot and ought not to be used as a protective mechanism and [permits] ought not to be withheld based on protecting a particular sector…”We asked LaRocque what his vision is for the resolution of the dispute, which has been ongoing for several weeks now and which is currently tied up in litigation in Belize courts.“I hope that the parties can find a solution to this and if they can’t, there is a process—again, I am not seized of all of the details and I am being extremely cautious—there is a general process when there is a trading issue that takes place: how do you go about addressing it?
“In this instance… from what I have gleaned from the public domain, from what I read in the media, it is an SPS issue, and hence it is not necessarily a trade dispute in that realm. Again, I am being very cautious; I do not know the full details…”LaRocque said that the SPS rules and procedures are set by the World Trade Organization. He also said that while lesser developed CARICOM countries such as Belize and OECS countries, can seek protection for certain sectors, that protection is sought by levying tariffs—not by blocking imports.“Once that hurdle is cleared for future imports, that there is no health impediment, be it to human health or plant, one would have to determine on what basis should such a permit be withheld,” LaRocque said.
He declined to comment on whether the matter could be a case for the Caribbean Court of Justice – an organ of CARICOM which has the jurisdiction to hear trade disputes between member states.LaRocque told the press that while in Belize, he also paid a courtesy call on the Caribbean Community Climate Change Center (CCCCC or 5Cs), another regional agency based in Belize.The CARICOM Secretary-General acknowledged the contribution made by CCCCC on behalf of CARICOM in achieving a successful outcome at the milestone COP 21 conference recently held in Paris.“CARICOM is here ever present in Belize every single day, working on behalf of the Community and working on behalf of Belize,” LaRocque told the press
http://amandala.com.bz/news/caricom-secretary-general-rice-importation-dispute/
Rice stocks good for 90 days – PSA
By Louise Maureen Simeon (The Philippine Star) | Updated January 10, 2016 - 12:00am
MANILA, Philippines – Stock of the main Filipino staple remains ended the year more than enough to meet he government-mandated target for rice-sufficiency, data from the Philippine Statistics Authority (PSA) showed.Local rice stock inventory hit 3.44 million metric tons (MT) as of December, 13.5 percent up from their year-ago levels. The figure was also an increase of 10.8 percent from end-November.The current inventory is good for 100 days, the PSA said. As a matter of government policy, a 90-day national rice buffer is considered enough to meet everyday consumption needs.Broken down, stocks held by households are sufficient for 47 days, while those in commercial warehouses are good for 29 days.The National Food Authority (NFA), the state rice importer, meanwhile has depositories enough for 24 days, figures showed.
By percentage, Filipino households held the bulk of inventories at 47.8 percent, followed by commercial warehouses at 28.4 percent. NFA supplies cornered 23.8 percent of the total. Stock levels increased in both commercial warehouses and NFA, data showed. The latter posted the highest year-on-year growth of 68.9 percent, while the former increased 4.9 percent.Household supplies, on the other hand, dipped 0.2 percent.
Meanwhile, corn stock inventory stood at 265,200 MT by the end of last year, up by 22.8 percent year-on-year, but fell11.1 percent from the previous month.Of the total, 63 percent were in commercial warehouses, 36.5 percent with households, and 0.5 percent were in NFA depositories.Year-on-year, corn stocks in commercial warehouses and households went up by 36.5 percent and 5.2 percent, respectively while in NFA depositories fell by 18.4 percent.Rice and corn are considered main Filipino family staples
http://www.philstar.com/business/2016/01/10/1540930/rice-stocks-good-90-days-psa
Haryana, Punjab provide 20 per cent more rice for central pool
By ET Bureau | 9 Jan, 2016, 03.20PM IST
The two states are the largest contributor of both paddy and wheat to the central kitty.CHANDIGARH: Punjab and Haryana have contributed 20% more paddy to the central pool in the current marketing season that was marked by scanty rains, providing a major boost to the National Food Security Mission. The two states are the largest contributor of both paddy and wheat to the central kitty. As per the Food Corporation of India's latest figures, Punjab contributed 139.54 lakh tonnes of paddy compared to 120 lakh a year ago in the current market season that began in October, while Haryana's share was 42.6 lakh tonnes compared to 30.5 lakh tonnes.Together, the two rice bowl states contributed 64% to the central kitty of 283 lakh tonnes of paddy.
The other contributors included Chhattisgarh (37.89 lakh tonnes), Andhra Pradesh (18.46 lakh tonnes) and Uttar Pradesh (16.37 lakh tonnes). ice, a water intensive crop, was suspected to be affected due to untimely and scanty rains in the current Rabi season. Diversification from water guzzling rice has been on agenda of the two states due to rapid depletion of water levels. The Food Corporation of India's rice stock dwindled to 99.47 lakh tonnes in December 2015, the lowest in the last five years. The rice stock was 106 lakh tonnes in December 2014, 142 lakh tonnes in 2013, 306 lakh tonnes in 2012 and 270 lakh tonnes in 2011.
The increase in procurement from the two states is attributed to the yield increase and buying of PUSA 1509 basmati variety by government agencies. The government agencies in the two states, especially Haryana, had to resort to bulk buying of PUSA 1509 basmati variety after prices in open market dwindled below minimum support price for premium variety non-basmati rice.
The rice market was affected by downward price trend in basmati due to carryover stock and limited demand from overseas markets. While the record procurement has strengthened Food Security Scheme, farmers' remuneration has been affected by the slump in prices in open market.
Economic Times
APEDA Rice Commodity News
International Benchmark Price
Price on: 07-01-2016
Product Benchmark Indicators Name Price
Apricots
1 Turkish No. 2 whole pitted, CIF UK (USD/t) 4875
2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4375
3 Turkish size 8, CIF UK (USD/t) 3625
Sultanas
1 Australian 5 Crown, CIF UK (USD/t) 2812
2 Iranian natural sultanas (Gouchan), CIF UK (USD/t) 1954
3 Turkish No 9 standard, FOB Izmir (USD/t) 1925
White Sugar
1 CZCE White Sugar Futures (USD/t) 820
2 Kenya Mumias white sugar, EXW (USD/t) 691
3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 535
Source:agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 09-01-2016
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Jowar(Sorgham)
1 Gulbarga (Karnataka) Hybrid 1455 1822
2 Amreli (Karnataka) Other 1355 1905
3 Vaduj (Maharashtra) Other 2200 2300
Maize
1 Bagalakot (Karnataka) Local 1300 1461
2 Dahod (Gujarat) Yellow 1500 1530
3 Sangli (Maharashtra) Other 1520 1565
Papaya
1 Reasi (Jammu and Kashmir) Other 2700 3000
2 Barnala (Punjab) Other 800 1200
3 Ahmedabad (Gujarat) Other 600 800
Brinjal
1 Surat (Gujarat) Other 700 1300
2 Jalgaon(Maharashtra) Other 1500 2500
3 Bonai (Orissa) Other 2000 2000
Source:agmarknet.nic.in
For more info
Egg Rs per 100 No
Price on 09-01-2016
Product Market Center Price
1 Ahmedabad 430
2 Hyderabad 395
3 Nagapur 388
Source: e2necc.com
Other International Prices Unit Price : US$ per package
Price on 07-01-2016
Product Market Center Origin Variety Low High
Potatoes Package: 50 lb cartons
1 Atlanta Colorado Russet 16 16
2 Chicago Idaho Russet 13 14.50
3 Miami Idaho Russet 16.50 18
Cucumbers Package: cartons film wrapped
1 Atlanta Mexico Long Seedless 14.50 14.50
2 Chicago Canada Long Seedless 11 12
3 Miami Honduras Long Seedless 9.50 10
Grapefruit Package: 4/5 bushel cartons
1 Atlanta Florida Red 21 23.50
2 Chicago Florida Red 20 22
3 Miami Florida Red 17 18
Source:USDA
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