Today Rice News Headlines...
·
CM meets Paswan, seeks enhanced
rice quota
·
Rice group taking role in China
deal
·
Rice Federation Raises Alarm about
Vietnam’s FTA with EU
·
State panel clears rice scheme of
damages
·
El Nino leads to global rice
shortfall
·
New Tender for U.S. Origin Rice
Follows USA Rice Technical Seminar
·
CME Seeks Rice Industry Response to
Rough Rice Futures Contract Survey
·
Terry Walker Named Director of
Arkansas State Plant Board
·
APEDA RICE COMMODITY
·
Rice Prices
·
Arkansas Farm Bureau Daily
Commodity Report
·
Nagpur Foodgrain Prices Open-Feb 11
News Detail...
Businessmen advised to participate in Malaysian
events
February
11, 2016
LAHORE
Malaysian High Commissioner Dr Hasrul Sani Mujtabar has said that Malaysia and Pakistan are potential markets and there is a lot of scope to enhance two-way trade.He was talking to the LCCI Senior Vice President Almas Hyder and Vice President Nasir Saeed here at the Lahore Chamber of Commerce & Industry. Former LCCI office-bearers and Executive Committee Members were also present on the occasion.
Malaysian High Commissioner Dr Hasrul Sani Mujtabar has said that Malaysia and Pakistan are potential markets and there is a lot of scope to enhance two-way trade.He was talking to the LCCI Senior Vice President Almas Hyder and Vice President Nasir Saeed here at the Lahore Chamber of Commerce & Industry. Former LCCI office-bearers and Executive Committee Members were also present on the occasion.
The High
Commissioner urged Pakistani businessmen to be more aggressive in terms of
business activities in Malaysia to compete with other competitive markets in
this era of globalization. He advised the Pakistani business community to
actively participate in international conventions scheduled to be held in
Malaysia in forthcoming months.
“We must avail the opportunities of knowledge sharing and streamlining our
education system with the help of Malaysian experts”, the LCCI Senior Vice
President added.
He said that Malaysia and Pakistan signed a Free Trade Agreement in January 2008 but it has yet to prove useful to both of us. We already have the platform which must be utilized for a win-win situation.
He said that Malaysia and Pakistan signed a Free Trade Agreement in January 2008 but it has yet to prove useful to both of us. We already have the platform which must be utilized for a win-win situation.
Talking about declining trade trend between two countries, Almas Hyder say that we need to take immediate steps to regain that level of bilateral which went as high as dollar 2.97 billion in 2011. In 2014, the level of bilateral trade further dipped to dollar 1.51 billion from dollar 2.12 billion in 2013. The balance of trade has been in favour of Malaysia and over the last five years this gap is constantly closing.
He said
that main reason of this fall was drastic decrease in import of palm oil from
Malaysia which used to be around dollar 2.12 billion in 2011 and by 2014 it
contracted to dollar half a billion.
He said that Pakistan’s exports to Malaysia have been ranging in between dollar 200-240 million during 2011 to 2014. There must be some advantage given to Pakistan of the said FTA. He said that Pakistan produces good quality and affordable agricultural products. For example Pakistani rice, oranges and mangoes are in great demand in Malaysian markets.
He said that Pakistan’s exports to Malaysia have been ranging in between dollar 200-240 million during 2011 to 2014. There must be some advantage given to Pakistan of the said FTA. He said that Pakistan produces good quality and affordable agricultural products. For example Pakistani rice, oranges and mangoes are in great demand in Malaysian markets.
http://nation.com.pk/business/11-Feb-2016/businessmen-advised-to-participate-in-malaysian-events
CM meets Paswan, seeks enhanced rice quota
February
12 2016
258
total views, 73 views today
However, the Centre is allocating foodgrain in the ratio of
78.83:21.17 for rice and wheat since the implementation of NFSA in November 2015,
he said.The state has, as a result, consumed 27,904 MT of rice more than the
allocation by the Centre till January 2016, Patnaik said. In February, the
state will consume 13,139 MT of rice more than the central allocation, he
said.“Therefore, the earlier ratio of requirement for rice and wheat
85.82:14.18 may be approved by Union government and the shortfall of allocation
for rice in the last four months since November may be released,” the Chief
Minister said.
“At the same time, the surplus allocation for wheat may be
withdrawn,” he said.Patnaik also raised the problem faced because of the
reduction of weight of gunny bags from 665 grams to 580 grams because of which
the Food Corporation of India (FCI) is rejecting the rice packed in the gunny
bags. This is consequently leading to problems for the state. The Chief
Minister urged Paswan to direct FCI to receive rice packed in the new gunny
bag, which was specified by the Directorate General of Supplies and Disposals
(DGS&D).The state government also requested the Centre to allocate
subsidised rice for SC, ST students in different government-run residential
schools.
“At present, the Centre is
providing rice for only 70,000 students. We demanded that subsidised rice be
provided for all the 4.8 lakh students in state,” food supply and consumer
welfare minister Sanjay Dasburma said after the meeting.Paswan said the Centre
would look into the state’s demand of allocation of rice and wheat in the ratio
of 85.82:14.18. “As other states are also making similar demands, a committee
headed by the FCI chairman has been constituted to resolve the issue,” he
said.The Union minister also assured the state government that he would look
into the problem the state is facing because of the change in the weight of
gunny bags. PNN
http://www.orissapost.com/cm-meets-paswan-seeks-enhanced-rice-quota/
Rice group
taking role in China deal
This article was published February 11, 2016 at 2:10 a.m.
JONESBORO -- A USA Rice Federation official said Wednesday that
the trade group is trying to help U.S. officials take the last steps necessary
to open China to U.S. rice shipments.Robert Cummings, USA Rice's chief
operating officer, said the group was "pretty sure" the U.S. and
China have reached what he called a "technical agreement" to allow
U.S. producers access to the Chinese market."We need to make the jump from
a technical agreement to a political decision in China that they are ready to
import U.S. rice," Cummings said at the 22nd Agribusiness Conference at
Arkansas State University.
USA Rice announced last month that the U.S. Department of
Agriculture and China had reached an agreement on so-called phytosanitary
measures, which require U.S. mills to meet certain pest-control and other
health standards. The USDA later issued a statement saying that the
negotiations were in a "last phase" and that no agreement had been
signed.Until the agreement is signed, China will not accept U.S. rice. Industry
officials have said that affluent Chinese want to buy high-quality U.S. rice in
grocery-store ready packages.
Cummings said in an interview that he didn't know what was
delaying the final agreement. He said representatives of his trade group had
met with USDA officials as recently as Tuesday in an effort to work out any
remaining kinks."What we're asking the administration is, 'What is the
game plan for that?'" he said. "How do we go from a technical
agreement to implementation?"
Cummings told the conference that the USDA would begin
inspecting mills that have indicated a willingness to comply with the Chinese
standards later this month. He said the USDA would send the results of its
inspections to China and that China might then perform its own reviews.He said
the fact that USDA was proceeding with its inspections made him optimistic the
agreement could be finalized in the near future.Cummings said that China, with
a population of 1.37 billion people, imports between 2.5 million and 5.5
million tons of rice annually. He did not offer an estimate of how much rice
China might buy from the U.S., but Arkansas rice industry officials have
indicated that bulk shipments aren't likely anytime soon.
China, which is both the top producer and importer of rice, is
the leading importer of all U.S. agricultural commodities, said David
Schweikhardt, a Michigan State University economist. U.S. agricultural exports
to China total $28 billion annually, he said, with Canada coming in second on
the list at $22 billion annually.
Schweikhardt said the proposed Trans-Pacific Partnership between
the United States and eleven Pacific Rim countries was expected to increase
U.S. agricultural exports by 5 percent by 2025. Agricultural imports to the
United States, by contrast, are expected to increase by 2 percent over the same
period if the agreement is adopted, he said.Schweikhardt said it was unlikely
Congress would vote on the trade deal negotiated by the Obama administration
until after a new president takes office in 2017. China is not a partner in the
trade pact.He said many sitting members of Congress have never voted on a trade
deal, which he said created a "huge element of uncertainty" for the
agreement.
Business on 02/11/2016
Print Headline: Rice group taking role in China deal
Rice Federation Raises Alarm
about Vietnam’s FTA with EU
Khmer Times/May Kunmakara
Wednesday, 10 February 2016
The Cambodia Rice Federation yesterday raised fresh concerns
about the EU-Vietnam Free Trade Agreement (FTA), after an online rice-industry
portal said the deal will scrap import duties on about 80,000 tons of rice from
Vietnam per year and that this could start this year.Agreement on the FTA was
reached last month, according to Thai-based Oryza, an online rice industry
portal, which added that the FTA would take effect as soon as it was ratified
by the European Union council and the EU parliament.
Once it is ratified, the EU will allow about 80,000 tons of rice imports annually from Vietnam, including 20,000 tons of husked rice and 30,000 tons of fragrant rice, with no import tariffs. Tariffs on other rice products will gradually be lifted over the next five years, according to Oryza. CRF vice president Hun Lak said the FTA could hinder the growth of Cambodia’s milled rice exports to EU this year. Mr. Lak added, however, that his federation had set up five working groups to expand domestic capacity and find ways to maintain competitiveness in the global market.
“Of course, it definitely affects us because Vietnam also
produces rice like us, while its production costs are lower… so competition
will be tougher,” said Mr. Lak, who is also a managing director of milled-rice
exporter Mekong Oryza Trading.
Mr. Lak said that the first working group focuses on reducing
production costs and the second aims to increase yields from their current
average of 2.8 tons to 3.2 tons per hectare (about half the average yield in
Vietnam). The third working group focuses on improving irrigation systems, the
forth on ensuring millers and exporters have enough capital to buy paddy during
the harvest season, and the fifth on expanding rice silos and warehouses, Mr.
Lak said.
The EU accounts for around 40 percent of Cambodia’s total rice exports. “It is the biggest market for us so it really requires us to think deeply about this issue,” Mr. Lak said, referring to the FTA with Vietnam.
Cambodia has quota- and tariff-free access to the EU under its
“everything but arms” program, which aims to boost trade from less developed
countries. If Vietnam gets similar benefits under its FTA, Cambodia will face tougher
competition from for a share of the market, Cambodian exporters of agriculture
and manufactured products have said.
Amru Rice (Cambodia) president Song Saran warned last year that Cambodian exporters will find it very difficult to compete with their Vietnamese competitors because the country is one of the world’s top exporters of milled rice. Mr. Saran said that Vietnamese exporters can produce and export rice at prices below what Cambodian exporters charge and, as a result, Cambodia will lose market share. Mr. Lak said that Cambodia exports four kinds of milled rice to the EU: organic, parboiled, fragrant and white rice. He said organic, parboiled and fragrant rice will remain competitive, but white rice was a concern.
“Only a few countries can produce parboiled, fragrant and organic rice, and they cannot compare with [the quality of our rice]. Our concern is the affect [of the FRA] to our white rice exports,” Mr. Lak said.
Last year, Cambodia exported 538,396 tons of milled rice, up
almost 40 percent over 2014, according to official figures.
State panel clears rice scheme of damages
- 11 Feb 2016 at 03:59
Yingluck Shinawatra's Facebook account has been
packed in recent weeks with photos of her with supporters, such as these women
presenting her with flowers earlier this week in Chiang Mai.
A
rice-pledging scheme investigation panel seeking financial compensation from
ex-premier Yingluck Shinawatra has concluded the programme did not cause damage
to the state.However, the committee found Ms Yingluck committed dereliction of
duty.A Finance Ministry committee chaired by Jirachai Moontongroy began the
investigation under an administrative order in April last year. Mr
Jirachai, a deputy permanent secretary to the Prime Minister's Office, said
Wednesday the probe looked into two issues: Ms Yingluck's role in overseeing
and monitoring her government's rice-pledging scheme; and the earlier estimated
loss of 518 billion baht which was calculated by the Finance Ministry
sub-committee overseeing the scheme's accounting.
Mr
Jirachai said the panel agreed with the National Anti-Corruption Commission's
findings that Ms Yingluck was negligent in failing to stop corruption in the
rice scheme. However, he said the committee did not regard the
rice-pledging price at 15,000 baht a tonne under the scheme, which was much
higher than market price of around 9,000 baht at the time, as damaging to the
country.This is because the rice price margin was considered beneficial to
farmers and, in implementing the scheme, state officials were also considered
to be performing their duty and following government policy.Mr Jirachai also
said his panel disagreed with the ministry sub-committee which added interest
to the losses incurred by the rice scheme because it was not a programme
designed for commercial purposes."We do not consider the scheme as being
for commercial purposes but state administration for the people's benefit so it
is not considered as damaging [to the state]," he said.
He
declined to state whether his panel would propose an estimated loss amount to
be sought from Ms Yingluck, saying the conclusions drawn by his committee would
be sent to Finance Minister Apisak Tantivorawong and Prime Minister Prayut
Chan-o-cha
El
Nino leads to global rice shortfall
Nguyễn
Huyền
Dry
conditions caused by the El Nido weather phenomenon in two consecutive years of
2014 and 2015 have severely affected India's agricultural production. The
world's largest rice exporting country's stockpile is at such a low level that
the country has had to cut down its rice export by a huge amount.
In
the ASEAN bloc, the world's second and third-largest rice exporters Thailand
and Việt Nam have also suffered a reduction in their rice stockpiles. Recently,
Thailand's rice stockpile fell to 13.5 million tonnes, of which only seven
million tonnes are good enough for consumption. About three to four million
tonnes of that stockpile can be used only for producing alcohol. The rest
cannot be used due to its poor quality.Thailand's paddy yield in the upcoming
crop is expected to fall by three to four per cent, equivalent to two to three
million tonnes of rice. During the whole of 2016, rice production in Thailand
is expected to drop by four to five million tonnes, the heaviest fall since
2000.The country will not increase its rice exports this year.
Việt
Nam, the world's third-largest rice exporter after Thailand, is expected to
suffer slight fall in paddy yield and rice production this year.
The
Philippines will fail to achieve its target of producing enough rice for
domestic consumption because of the El Nino effect. In the first quarter of
2016, the country's paddy yield is expected to fall by five per cent. The rice
imports of the country will be closely monitored by local traders, because that
will decide the number of countries the Philippines has to buy rice from.Last
year, Manila suggested buying additional rice from its two main suppliers, Việt
Nam and Thailand, after the country's paddy output fell.The regional rice
market has seen a noticeable rise in demand of late for imported rice. The Philippines
will purchase 400,000 to 600,000 tonnes of rice in February. In 2016, it will
buy an additional 800,000 tonnes of rice to meet the domestic demand.
Indonesia
will import 800,000 tonnes of rice between February and April. The two markets
will import rice during the winter –spring crop of 2015 – 2016 of Việt Nam. It
is said that the situation is very favourable for Việt Nam to conduct
negotiations.According to experts, Việt Nam and Thailand should coordinate in
bidding to get good prices in the contract to sell rice to the Philippines. It
is possible that Thailand will not sell much rice because of its current crop
failure.Thai enterprises also appear to be discouraged after the recent bidding
contracts for the sale of rice to the Philippines and Indonesia. Most of the
Thai enterprises involved in the trade pact faced losses, because after selling
the cereal, rice prices in Thailand increased sharply, while much of the rice
stockpile was not owned by the exporting enterprises, but by processing factories.
Thai
enterprises are now being more careful, following the current problems in paddy
production due to the El Nino impact. With the reduction in paddy yield, the
rice price will increase after the contracts are signed.Thailand will not take
a risk by exporting a large quantity of rice to other countries. Thailand can
only give the Philippines 40 per cent of its demand and 300,000 to 400,000
tonnes of rice to the Indonesian market."Việt Nam should not conduct only
a single negotiation with Indonesia, but conduct the negotiations in several
phases to get good prices. Việt Nam would have made a lot of profit if the
negotiations had been divided into several parts for selling one million tonnes
of rice to Indonesia recently," an expert said.
"The
first lot can be sold at a reasonable price, but the second lot can be sold at
a slightly higher price, and the third lot should be sold at a price higher
than the second lot," the expert said.
The
most important thing is that China will import a lot of rice after the Lunar
New Year holiday. Once China imports rice, the world's rice market becomes much
more animated. If the cold weather continues, vegetables and paddy being
cultivated in China will perish and the demand for imported food in the country
will increase sharply.Of course, a huge amount of rice will be imported from
Việt Nam."The Philippines, Indonesia and especially China will increase
rice imports and the rice price in Việt Nam will improve dramatically. If local
rice enterprises start purchasing rice, they will gain a lot. However, the
problem is of capital, which, in turn, depends a lot on banks," the expert
said. — VNS
Việt Nam, the world's third-largest
rice exporter after Thailand, is expected to suffer slight fall in paddy yield
and rice production this year due to impacts of El Nino. — VNA/VNS Photo Thanh
Liem
New Tender for U.S. Origin Rice Follows USA Rice
Technical Seminar
By
Michael Klein
BAGHDAD, IRAQ -- The Ministry of Trade of Iraq has issued a new
tender here for 90,000 metric tons of rice specifically of U.S. origin. Bids are due in 10 days, and while the offer
of a tender does not guarantee a sale, the move was welcomed in the United
States.
"USA Rice has been working for years to make Iraq a reliable
market once again, meeting with Iraqi officials, sponsoring trips for the Iraq
Grain Board to come to the United States, holding technical meetings, hiring a
consultant on the ground there, and getting the U.S. Embassy in Baghdad
involved," explained USA Rice Chairman Dow Brantley. "The political and financial situation
there remains volatile, but this U.S.-specific tender is a sign that we are
making headway."
The new tender comes on the heels of a two-day workshop held here
for staff at the Iraq Ministries of Trade and Planning and the Iraq Grain
Board, jointly organized by USA Rice, the U.S. Embassy, the U.S. Commerce
Department, and USAID.
Many technical issues were covered, including shipping bulk versus
bag, broken percentages, and other logistical challenges faced in country.
"This is exciting news, but it's important to keep things in
context," said USA Rice President & CEO Betsy Ward. "We've learned that rations for Iraqi
citizens are being dialed back because of extreme revenue shortfalls and the
lack of an approved budget, but we will continue to make the case for U.S. rice
to re-establish this important market, both for us, but also for the Iraqi
people."
John
Owen
CME Seeks Rice Industry Response to Rough Rice
Futures Contract Survey
By
Peter Bachmann
CHICAGO, ILLINOIS -- The CME Group based here that oversees the
trading of the Rough Rice Futures contract has published a short, two-question
survey for rice industry members to complete by Monday, February 22.The survey
is soliciting feedback on two features of the current Rough Rice Futures
contract: overnight trading hours and
the delivery instrument. At the
industry's request, CME Group is looking into a move from Warehouse Receipts to
Shipping Certificates as the delivery instrument for rice purchased through the
futures market. Additionally, CME Group is looking to potentially reduce night
time trading hours to provide traders a better quality of life without
dramatically affecting the trading volume.
John Owen, Louisiana rice farmer and chairman of the USA Rice
Futures Contract Working Group, said, "USA Rice's Working Group has been
studying ways to increase the volume of contracts traded and concurrently
increase efficiency of the entire trading process."
Regarding the survey, Owen said, "I think that a move to
Shipping Certificates is a logical step in the right direction to update the
contract and improve volume performance and convergence in the contract between
cash and futures prices."
All members of the rice industry, particularly those with interest
in the rice futures market are encouraged to complete the CME Group survey,
found here.
Terry Walker Named Director of Arkansas State Plant Board
LITTLE ROCK – Gov. Asa Hutchinson
has appointed Terry Walker as Director of the Arkansas State Plant Board
(ASPB), a division of the Arkansas Agriculture Department, as of January 16,
2016. Walker has been employed with the ASPB for 13 years and is a graduate of
the University of Arkansas.Walker follows previous ASPB Director Darryl Little,
who retired in January. Products and services such as seed, feed, fertilizer,
pesticides, weights and measures, petroleum, honeybees, plant pests, nurseries,
pest control services and many others are regulated by the ASPB.Walker said he
values the opportunity to continue building and growing agriculture as the top
industry in Arkansas. “From row crops, to livestock, to horticultural products
and fish, Arkansas products go toward providing a safe and economical food
source for everyone. This is a major concern for everyone associated in a governmental
and/or regulatory capacity. Not only does agriculture provide a livelihood for
our producers but also puts food on our tables,” he said.
Walker began his career in 1971
with the Rice Branch Experiment Station, now the Rice Research and Extension Center,
in Stuttgart. He then left Arkansas to work in the private soybean research
sector, serving regions of Alabama and Tennessee. He returned to Arkansas in
1984 as project leader for the Soybean and Small Grain Variety Testing at the
University of Arkansas Agronomy Department. He returned again to the private
soybean industry from 1991 – 1996, and then on to manage the research of a
local seed company, and later managed a cotton gin. In 2002, he accepted the
position as ASPB Plant Industry Division Director, and moved to ASPB Assistant
Director in 2012.
In identifying the biggest
challenges ahead for the ASPB, Walker first discusses ASPB personnel and
Arkansans: “Our team does an excellent job. I need to insure that they have the
resources to effectively and efficiently provide the services to our
stakeholders and assist them in conducting their businesses. Arkansas has a
wealth of quality producers growing and providing excellent food products to be
used by the general population. It is imperative those producers and products
have an effective presence nationally and internationally to promote them.”He
names continued partnership and consolidation with other divisions within the
Arkansas Agriculture Department as another top priority: “This unified Agriculture
Department should give Arkansas a more recognizable and substantial presence on
the national level when addressing issues of concern.”
http://www.arkansasbusiness.com/article/109654/terry-walker-named-director-of-arkansas-state-plant-board
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Rice Prices
as on : 11-02-2016 08:11:21 PM
Arrivals
in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Gadarpur(Utr)
|
1458.00
|
1.89
|
57627.00
|
2155
|
2390
|
16.49
|
|
Bharthna(UP)
|
600.00
|
50
|
4900.00
|
2250
|
2250
|
3.45
|
|
Etawah(UP)
|
350.00
|
16.67
|
14520.00
|
2250
|
2255
|
2.27
|
|
Shahjahanpur(UP)
|
211.70
|
50.57
|
38382.70
|
2190
|
2200
|
8.15
|
|
Allahabad(UP)
|
180.00
|
-10
|
4580.00
|
2125
|
2100
|
3.66
|
|
Pilibhit(UP)
|
180.00
|
50
|
16098.00
|
2190
|
1250
|
-6.81
|
|
Gondal(UP)
|
158.00
|
3.95
|
9542.10
|
2020
|
2010
|
-0.25
|
|
Sitapur(UP)
|
149.00
|
-0.67
|
4154.00
|
2220
|
2220
|
2.54
|
|
Basti(UP)
|
123.50
|
12.27
|
3043.50
|
2060
|
2060
|
5.10
|
|
Bareilly(UP)
|
108.50
|
2.36
|
5613.50
|
2200
|
2200
|
4.76
|
|
Chandabali(Ori)
|
85.00
|
NC
|
1013.00
|
1800
|
1800
|
28.57
|
|
Aligarh(UP)
|
85.00
|
6.25
|
1425.00
|
2160
|
2150
|
13.68
|
|
Karimganj(ASM)
|
80.00
|
100
|
1040.00
|
2200
|
2200
|
4.76
|
|
Achalda(UP)
|
80.00
|
14.29
|
2270.00
|
2240
|
2240
|
2.75
|
|
Saharanpur(UP)
|
80.00
|
8.11
|
3201.00
|
2040
|
2035
|
-2.39
|
|
Kalipur(WB)
|
80.00
|
-2.44
|
2596.00
|
2050
|
2050
|
-6.82
|
|
P.O.
Uparhali Guwahati(ASM)
|
74.00
|
2.78
|
1981.00
|
2100
|
2100
|
-19.23
|
|
Bindki(UP)
|
60.00
|
33.33
|
1548.00
|
2250
|
2245
|
7.91
|
|
Jaunpur(UP)
|
45.00
|
12.5
|
896.00
|
1945
|
1940
|
-
|
|
Pandua(WB)
|
45.00
|
-10
|
1083.00
|
2600
|
2500
|
-1.89
|
|
Gazipur(UP)
|
43.00
|
7.5
|
958.50
|
1910
|
1910
|
3.80
|
|
Lanka(ASM)
|
40.00
|
-20
|
1575.00
|
1725
|
1725
|
-
|
|
Ghaziabad(UP)
|
40.00
|
-42.86
|
1390.00
|
2065
|
2075
|
-2.82
|
|
Purulia(WB)
|
40.00
|
66.67
|
1240.00
|
2180
|
2200
|
-9.17
|
|
Dadri(UP)
|
35.00
|
-2.78
|
1182.00
|
2080
|
2070
|
-1.89
|
|
Muzzafarnagar(UP)
|
32.00
|
-28.89
|
718.00
|
2050
|
2060
|
-
|
|
Partaval(UP)
|
30.00
|
33.33
|
864.50
|
2055
|
2050
|
6.75
|
|
Kolhapur(Laxmipuri)(Mah)
|
29.00
|
16
|
705.00
|
3000
|
3000
|
-
|
|
Balrampur(UP)
|
28.50
|
-9.52
|
883.50
|
2075
|
2090
|
1.22
|
|
Mirzapur(UP)
|
28.00
|
1.82
|
833.00
|
1915
|
1920
|
1.86
|
|
Balurghat(WB)
|
28.00
|
12
|
140.00
|
2830
|
2830
|
-
|
|
Lohardaga(Jha)
|
26.50
|
6
|
395.50
|
1950
|
1950
|
10.48
|
|
Jalpaiguri
Sadar(WB)
|
25.00
|
NC
|
557.00
|
2700
|
2700
|
-4.26
|
|
Diamond
Harbour(South 24-pgs)(WB)
|
23.00
|
15
|
190.00
|
1850
|
1850
|
-
|
|
Cachar(ASM)
|
20.00
|
-50
|
1100.00
|
2700
|
2700
|
NC
|
|
Balugaon(Ori)
|
20.00
|
-20
|
185.00
|
3100
|
3200
|
3.33
|
|
Meerut(UP)
|
20.00
|
NC
|
372.50
|
2145
|
2140
|
-
|
|
Dibrugarh(ASM)
|
18.50
|
54.17
|
570.80
|
2400
|
2400
|
-
|
|
Jasra(UP)
|
18.00
|
NC
|
218.00
|
2075
|
2050
|
4.53
|
|
Kolaghat(WB)
|
17.00
|
6.25
|
320.00
|
2300
|
2300
|
-
|
|
Tamluk
(Medinipur E)(WB)
|
16.00
|
6.67
|
342.00
|
2300
|
2300
|
-
|
|
Firozabad(UP)
|
14.00
|
27.27
|
301.00
|
2100
|
2150
|
2.94
|
|
Kannauj(UP)
|
13.20
|
5.6
|
147.10
|
2170
|
2185
|
NC
|
|
Divai(UP)
|
13.00
|
-18.75
|
170.00
|
2060
|
2075
|
1.23
|
|
Medinipur(West)(WB)
|
13.00
|
-13.33
|
359.00
|
2450
|
2450
|
2.08
|
|
Etah(UP)
|
12.00
|
20
|
38.00
|
1880
|
1880
|
-6.93
|
|
Champadanga(WB)
|
12.00
|
20
|
405.00
|
2350
|
2350
|
-12.96
|
|
Naugarh(UP)
|
10.50
|
23.53
|
351.00
|
2065
|
2060
|
10.13
|
|
Bijnaur(UP)
|
9.50
|
18.75
|
307.00
|
2190
|
2190
|
-
|
|
North
Lakhimpur(ASM)
|
8.90
|
-5.32
|
783.90
|
1900
|
1900
|
-
|
|
Cherthalai(Ker)
|
8.50
|
41.67
|
205.00
|
2300
|
2400
|
-14.81
|
|
Nilagiri(Ori)
|
8.00
|
-11.11
|
261.00
|
2500
|
2300
|
8.70
|
|
Baberu(UP)
|
7.00
|
40
|
88.00
|
2125
|
2125
|
-
|
|
Raibareilly(UP)
|
7.00
|
-12.5
|
177.50
|
2020
|
2000
|
1.51
|
|
Dibiapur(UP)
|
7.00
|
-22.22
|
47.00
|
2230
|
2230
|
1.83
|
|
Karanjia(Ori)
|
6.00
|
9.09
|
150.80
|
2600
|
2600
|
4.00
|
|
Mohanpur(Tri)
|
6.00
|
20
|
51.00
|
2700
|
2700
|
-
|
|
Tilhar(UP)
|
5.50
|
-91.2
|
814.50
|
2190
|
2160
|
5.04
|
|
Buland
Shahr(UP)
|
5.00
|
-37.5
|
244.50
|
2050
|
2050
|
0.99
|
|
Jeypore(Ori)
|
4.90
|
13.95
|
142.80
|
325
|
325
|
-
|
|
Jeypore(Kotpad)(Ori)
|
3.40
|
-72.13
|
139.60
|
3250
|
3250
|
NC
|
|
Aroor(Ker)
|
3.00
|
NC
|
106.70
|
6900
|
6900
|
-25.81
|
|
Bonai(Bonai)(Ori)
|
3.00
|
NC
|
40.10
|
2000
|
2000
|
-9.09
|
|
Raath(UP)
|
3.00
|
-51.61
|
9.20
|
1700
|
1700
|
17.24
|
|
Siyana(UP)
|
2.00
|
33.33
|
48.50
|
2050
|
2045
|
1.23
|
|
Santir
Bazar(Tri)
|
1.80
|
20
|
4.90
|
2500
|
2600
|
-5.66
|
|
Sardhana(UP)
|
1.00
|
-16.67
|
46.10
|
2060
|
2075
|
0.49
|
http://www.thehindubusinessline.com/economy/agri-business/article8222942.ece
Arkansas Farm Bureau Daily Commodity Report
Rice
|
High
|
Low
|
|
|
Long
Grain Cash Bids
|
- - -
|
- - -
|
|
Long
Grain New Crop
|
- - -
|
- - -
|
|
|
||
|
Futures:
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rice Comment
Rice futures traded within
yesterday's range before ending lower, despite a better export report this week.
USDA says 53,000 metric tons were sold to foreign buyers this week, compared
with only 40,200 metric tons last week. The monthly supply/demand balance sheet
was little changed, but the on-farm price was lowered again. The average
expected price for long grain is now $11.00-$11.60/cwt, and mid-south medium
grain is expected to bring $11.70-$12.30. March has been working lower and is
set up for a retest of the recent low of $10.65.
http://www.arfb.com/ag-markets-statistics/report/
Nagpur
Foodgrain Prices Open-Feb 11
Nagpur Foodgrain Prices - APMC & Open Market-February 11
Nagpur, Feb 11 Gram and tuar prices reported higher in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on good buying support from local millers amid weak supply from producing regions. Notable hike on NCDEX, fresh rise in Madhya Pradesh gram prices and weakoverseas arrival also boosted prices, according to sources.
* * * *
FOODGRAINS & PULSES
GRAM
* Gram pink moved down in open market in absence of buyers amid release of stock from
stockists.
TUAR
* Tuar varieties ruled steady in open market here matching the demand and supply
position.
* Batri dal reported down in open market on poor demand from local traders amid good
arrival from producing regions.
* In Akola, Tuar New - 8,000-8,200, Tuar dal New - 12,500-13,700, Udid -
12,600-13,600, Udid Mogar (clean) - 14,900-16,700, Moong -
8,400-8,600, Moong Mogar (clean) 9,400-9,700, Gram - 4,100-4,200,
Gram Super best bold - 5,300-5,700 for 100 kg.
* Wheat, rice and other commodities moved in a narrow range in
scattered deals, settled at last levels.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 4,000-4,400 3,900-4,400
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 7,300-8,790 7,200-8,600
Moong Auction n.a. 6,400-6,600
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Gram Super Best Bold 5,900-6,100 5,900-6,100
Gram Super Best n.a. n.a.
Gram Medium Best 5,500-5,700 5,500-5,700
Gram Dal Medium n.a. n.a
Gram Mill Quality 4,500-4,600 4,500-4,600
Desi gram Raw 4,450-4,500 4,450-4,500
Gram Filter new 4,600-4,900 4,600-4,900
Gram Kabuli 6,000-8,000 6,000-8,000
Gram Pink 6,400-7,200 6,500-7,300
Tuar Fataka Best-New 12,500-13,000 12,500-13,000
Tuar Fataka Medium-New 11,800-12,300 11,800-12,300
Tuar Dal Best Phod-New 11,500-12,000 11,500-12,000
Tuar Dal Medium phod-New 10,500-11,000 10,500-11,000
Tuar Gavarani New 7,450-7,950 7,450-7,950
Tuar Karnataka 8,150-8,450 8,150-8,450
Tuar Black 12,500-13,000 12,500-13,000
Masoor dal best 6,200-6,400 6,200-6,400
Masoor dal medium 5,800-6,000 5,800-6,000
Masoor n.a. n.a.
Moong Mogar bold (New) 9,600-10,000 9,600-10,000
Moong Mogar Med 8,900-9,300 8,900-9,300
Moong dal Chilka 7,800-8,800 7,800-8,800
Moong Mill quality n.a. n.a.
Moong Chamki best 8,600-8,800 8,600-8,800
Udid Mogar best (100 INR/KG) (New) 16,100-17,000 16,100-17,000
Udid Mogar Medium (100 INR/KG) 13,500-14,500 13,500-14,500
Udid Dal Black (100 INR/KG) 9,700-9,900 9,700-9,900
Batri dal (100 INR/KG) 5,500-5,850 5,550-5,900
Lakhodi dal (100 INR/kg) 4,400-4,600 4,400-4,600
Watana Dal (100 INR/KG) 3,250-3,400 3,250-3,400
Watana White (100 INR/KG) 3,000-3,200 3,000-3,200
Watana Green Best (100 INR/KG) 3,100-3,600 3,100-3,600
Wheat 308 (100 INR/KG) 1,700-1,800 1,700-1,800
Wheat Mill quality (100 INR/KG) 1,700-1,800 1,700-1,800
Wheat Filter (100 INR/KG) 1,650-1,850 1,650-1,850
Wheat Lokwan best (100 INR/KG) 2,200-2,500 2,100-2,500
Wheat Lokwan medium (100 INR/KG) 2,000-2,100 1,950-2,250
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,200-3,600 3,200-3,600
MP Sharbati Medium (100 INR/KG) 2,500-3,000 1,500-3,000
Rice BPT best New(100 INR/KG) 2,600-2,800 2,600-2,800
Rice BPT medium (100 INR/KG) 2,000-2,250 2,000-2,200
Rice Parmal (100 INR/KG) 1,800-2,000 1,800-2,000
Rice Swarna best (100 INR/KG) 2,100-2,450 2,100-2,450
Rice Swarna medium (100 INR/KG) 1,800-2,000 1,800-2,000
Rice HMT best New (100 INR/KG) 3,000-3,500 3,000-3,500
Rice HMT medium (100 INR/KG) 2,400-2,800 2,400-2,800
Rice Shriram best New(100 INR/KG) 4,100-4,400 4,100-4,400
Rice Shriram med New(100 INR/KG) 3,700-4,100 3,700-4,100
Rice Basmati best (100 INR/KG) 9,700-11,500 9,700-11,500
Rice Basmati Medium (100 INR/KG) 7,600-8,000 7,600-8,000
Rice Chinnor best New(100 INR/KG) 4,700-4,800 4,700-4,800
Rice Chinnor med. New (100 INR/KG) 4,200-4,400 4,200-4,400
Jowar Gavarani (100 INR/KG) 1,800-2,100 1,800-2,100
Jowar CH-5 (100 INR/KG) 1,700-1,800 1,700-1,800
WEATHER (NAGPUR)
Maximum temp. 33.0 degree Celsius (93.0 degree Fahrenheit), minimum temp.
19.4 degree Celsius (66.9 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 and 15 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/nagpur-foodgrain-idINL3N15Q1RU
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