Australia praises CPEC, wants to participate
By Webmaster
-
12
Salahuddin Haider
That the China-Pakistan Economic Corridor (CPEC) would
attract the outside world, was visualized much before it was launched, but it
would sell like hot cakes, is beginning to be discovered now and somewhat
speedily, which should be and has become a matter of delight for China and
Pakistan. Iran had shown interest in it, and now a distant Australia, located
Down Under, has declared its intent to benefit from its opportunities.
Such a welcome announcement came from none else than the High Commissioner from Canberra, Margaret Anne Adamson during a speech at English Speaking Union of Pakistan, a tremendously elite forum of intellectuals, and notables which has now expanded wings to other cities of the country also.
The EUSP, founded by late lamented Ahmad Jaffer of an illustrious family which had direct links with the Quaid-i-Azam Mohammad Ali Jinnah, has now grown into a really worthwhile organization, inviting celebrities and people-who-matter for periodical lectures. Her speech on “Australia’s trade and investment relationship with Pakistan” was as the organization President Aziz Memon, and vice President, Tariq, described during vote of thanks later, was really informative and extremely elucidatory.
She started by extending Eid greetings to Pakistanis. Margaret, one of the many lady ambassadors and high commissioners in Islamabad, described Karachi as “hugely important city” inhabited by as many souls as in Australia itself. She thus demonstrated that Australian hospitality and warmth was exemplary, a fact of which I personally experienced during my two visits to that part of the world.
The relationship between her country and Pakistan was “long, positive and productive”, she however thought that private sector ties would help raise the bilateral trade from its present pathetic level of US$280 million Pakistan exports to Australia, and US$650 million imports from that country. There existed much bigger potential which needs to be exploited mutually.
Australia relied mainly on Pakistani textiles and rice, which was not enough and needs to be diversified to cover many other aspects also. Australian dairy farming, tourism, agriculture, energy, water management, fertilizer, and above all education and consultancy services, had been benefitting Pakistan and should expand now for greater good of the two countries.
Unreservedly, she thought that Pakistan could export Information Technology to Australia, having developed soft wares and other IT items. Emphasising that Australian economic and investment policy’s prime principle was driven from “economic diplomacy” which rested heavily on private sector dynamism. Margaret, agreeing that the two countries had complimentary economies, she nevertheless thought this had, in no way, restricted or restrained bilateral promotion of economic ties. In fact more and more Australian companies were now showing interest for investment in Pakistan.
She said that Australian investment in the world amounted to $2.3 trillion. It would like to expand its ties with UK after Brixit.
Coming to CPEC, she said it held great potential not only for Pakistan and China, but for the region also. Australian companies had been watching with increasing interest opportunities emerging from its development, and may well benefit from these.
Welcoming her, President EUSP Aziz Memon threw light on her illuminating career, beginning with her entry into foreign service in 1973, having served in Vienna, Indo-China, Germany(both at Bonn and Berlin) , and as ambassador to Cambodia etc
Such a welcome announcement came from none else than the High Commissioner from Canberra, Margaret Anne Adamson during a speech at English Speaking Union of Pakistan, a tremendously elite forum of intellectuals, and notables which has now expanded wings to other cities of the country also.
The EUSP, founded by late lamented Ahmad Jaffer of an illustrious family which had direct links with the Quaid-i-Azam Mohammad Ali Jinnah, has now grown into a really worthwhile organization, inviting celebrities and people-who-matter for periodical lectures. Her speech on “Australia’s trade and investment relationship with Pakistan” was as the organization President Aziz Memon, and vice President, Tariq, described during vote of thanks later, was really informative and extremely elucidatory.
She started by extending Eid greetings to Pakistanis. Margaret, one of the many lady ambassadors and high commissioners in Islamabad, described Karachi as “hugely important city” inhabited by as many souls as in Australia itself. She thus demonstrated that Australian hospitality and warmth was exemplary, a fact of which I personally experienced during my two visits to that part of the world.
The relationship between her country and Pakistan was “long, positive and productive”, she however thought that private sector ties would help raise the bilateral trade from its present pathetic level of US$280 million Pakistan exports to Australia, and US$650 million imports from that country. There existed much bigger potential which needs to be exploited mutually.
Australia relied mainly on Pakistani textiles and rice, which was not enough and needs to be diversified to cover many other aspects also. Australian dairy farming, tourism, agriculture, energy, water management, fertilizer, and above all education and consultancy services, had been benefitting Pakistan and should expand now for greater good of the two countries.
Unreservedly, she thought that Pakistan could export Information Technology to Australia, having developed soft wares and other IT items. Emphasising that Australian economic and investment policy’s prime principle was driven from “economic diplomacy” which rested heavily on private sector dynamism. Margaret, agreeing that the two countries had complimentary economies, she nevertheless thought this had, in no way, restricted or restrained bilateral promotion of economic ties. In fact more and more Australian companies were now showing interest for investment in Pakistan.
She said that Australian investment in the world amounted to $2.3 trillion. It would like to expand its ties with UK after Brixit.
Coming to CPEC, she said it held great potential not only for Pakistan and China, but for the region also. Australian companies had been watching with increasing interest opportunities emerging from its development, and may well benefit from these.
Welcoming her, President EUSP Aziz Memon threw light on her illuminating career, beginning with her entry into foreign service in 1973, having served in Vienna, Indo-China, Germany(both at Bonn and Berlin) , and as ambassador to Cambodia etc
http://pakobserver.net/australia-praises-cpec-wants-to-participate/
Asia Rice Prices Unchanged
HO CHI MINH CITY (Reuters) – Rice prices in the
world’s top three rice exporters remained largely unchanged this week with Thai
and Vietnam prices widening amid slow sales while Indian prices edged down on
low demand, traders said on Wednesday.Vietnam’s rice sales have not picked up
and prices were almost stable this week even after the country won a tender to
supply 150,000 tons to the Philippines, traders said.Even the news on private
traders planning to import rice from Vietnam or Thailand has not moved the
market, they added.
“Philippine [private] traders will buy rice at very competitive prices so they must choose carefully,” a trader in Ho Chi Minh City said.The grain to be imported by February 28 next year is subject to a 35 percent tariff.Indicative quotations of Vietnam’s 25 percent broken rice often sold to the Philippines, stood at $330 to $332 a ton, free-on-board (FOB) basis, narrowing from $330 to $335 last Wednesday. The prices last week were the lowest in nearly seven months.The situation was not better in Thailand with a quiet market due to no fresh demand, traders in Bangkok said. Thai benchmark five percent broken rice widened to $370 to $376 a ton, FOB basis, from $375 to $376 last week, traders said.
Thailand expects to harvest 23.55 million tons
of rice between October to December this year, the country’s rice committee
said on Wednesday.As a result, Thailand will temporarily stop holding state
rice auctions to avoid oversupply in the market ahead of the annual crop
harvest, the government said. No definite date was given as to when the
auctions would resume.“These measures will help stop market prices from
dropping,” a trader based in Bangkok said.Meanwhile, in India, the world’s
biggest rice exporter, five percent broken parboiled rice prices eased by $2
per ton this week to $370 to $380 per ton due to sluggish demand as buyers were
purchasing more from Thailand and Vietnam
Vietnam
mulls future plans: rice or fruit exports?
VietNamNet
Bridge - Experts have called on Vietnamese leaders to rethink whether Vietnam
should become a big rice exporter or fruit export power.
The
newly released report by the General Department of Customs (GDC) shows that,
for the first time, Vietnam saw export turnover of fruit exceeding rice export
turnover in the first seven months of the year.
The report says that Vietnam earned $1.35 billion from fruit exports, but had $1.32 billion only from rice exports.
The figure, in the eyes of analysts, could be a shock to Vietnamese, who have been proud of being one of the biggest rice exporters in the world.
To protect the title of the world’s biggest rice exporter, Vietnam has made heavy investment in the rice cultivation area, labor force and investment capital, far exceeding investment in fruit production.
Fruit production, a newly emerging field in the last few years, has quickly outstripped rice production, which has been receiving preferences for a long time.
The report says that Vietnam earned $1.35 billion from fruit exports, but had $1.32 billion only from rice exports.
The figure, in the eyes of analysts, could be a shock to Vietnamese, who have been proud of being one of the biggest rice exporters in the world.
To protect the title of the world’s biggest rice exporter, Vietnam has made heavy investment in the rice cultivation area, labor force and investment capital, far exceeding investment in fruit production.
Fruit production, a newly emerging field in the last few years, has quickly outstripped rice production, which has been receiving preferences for a long time.
|
The
newly released report by the General Department of Customs (GDC) shows that,
for the first time, Vietnam saw export turnover of fruit exceeding rice
export turnover in the first seven months of the year.
|
An
analyst commented that in principle, no one would invest more in the production
field which brings less profit. He said that it was now the right time for
Vietnam to ‘face facts’ and realize the ‘misfortune of Vietnam’s wet
rice’.
Nguyen Quoc Vong, an agriculture expert, said on Thoi Bao Kinh Te Sai Gon that the superiority of fruit over rice export is foreseeable. The analyst, while noting that the rice export in the first months of the year was unsatisfactory because of the serious drought in the Mekong River Delta and the price decrease in the world market, said that the superiority is inevitable.
The fruit exports have been growing steadily in the last few years. In 2012, the fruit export turnover was $770 million only. Meanwhile, the figure soared to $1.04 billion 2013, to $1.47 billion in 2014 and $2.2 billion in 2015.
Just within four years, from 2012 to 2015, Vietnam’s fruit export value increased by three times. Meanwhile, the rice export value has not increased considerably in recent years, around $2.7-2.8 billion a year.
“Why doesn’t Vietnam think of pushing up the export of fruits instead of rice if the world’s fruit market is larger?” the analyst said.
He cited a report of FAO as saying that in 2010, the world’s rice market was worth $17 billion, while the global fruit market was $97 billion.
If considering the total demand of different kinds fresh fruits & vegetables, and canned, dried & frozen products, the figure was $203 billion in 2014, and would be $320 billion by 2020, according to a Zion Research report
Nguyen Quoc Vong, an agriculture expert, said on Thoi Bao Kinh Te Sai Gon that the superiority of fruit over rice export is foreseeable. The analyst, while noting that the rice export in the first months of the year was unsatisfactory because of the serious drought in the Mekong River Delta and the price decrease in the world market, said that the superiority is inevitable.
The fruit exports have been growing steadily in the last few years. In 2012, the fruit export turnover was $770 million only. Meanwhile, the figure soared to $1.04 billion 2013, to $1.47 billion in 2014 and $2.2 billion in 2015.
Just within four years, from 2012 to 2015, Vietnam’s fruit export value increased by three times. Meanwhile, the rice export value has not increased considerably in recent years, around $2.7-2.8 billion a year.
“Why doesn’t Vietnam think of pushing up the export of fruits instead of rice if the world’s fruit market is larger?” the analyst said.
He cited a report of FAO as saying that in 2010, the world’s rice market was worth $17 billion, while the global fruit market was $97 billion.
If considering the total demand of different kinds fresh fruits & vegetables, and canned, dried & frozen products, the figure was $203 billion in 2014, and would be $320 billion by 2020, according to a Zion Research report
Assam’s paddy under threat from caterpillars
Photo for representation only. Tribune file
Bijay Sankar Bora
Tribune News Service
Guwahati, September 16
Caterpillars have damaged standing paddy crop
in 22 districts (out of 35 districts) of Assam as the state’s Agriculture
Department is looking for ways to stop the pest attack.Agriculture Minister
Atul Bora and Chief Minister Sarbananda Sonowal have directed the Deputy
Commissioners of the affected districts to personally supervise the salvage
efforts to provide succour to farmers.Scientists of Assam Agriculture
University have pledged technical support. The Agriculture Department has
claimed to have provided the prescribed pesticides to the farmers.
Sonowal has asked Deputy Commissioners to
distribute spray machines and pesticides to the affected farmers while asking
the Agriculture Department to maintain a constant vigil on the developments and
spearhead the operation to stop proliferation of the caterpillars.
He also issued instructions to the District
Agriculture Officers of the districts to personally supervise the entire
exercise.
Agriculture scientists have blamed the moist
soil in the paddy fields in the post-flood days for the growth in the
number of caterpillars that attack the paddy usually after sun set.
The dwindling population of birds, which feed
on them, has compounded their growthhttp://www.tribuneindia.com/news/nation/assam-s-paddy-under-threat-from-caterpillars/296104.html
Rough Rice Futures - Chart Target for early
2017
Friday, September 16, 2016
by Layne Hermansen
Rough Rice Futures Chart ( WEEKLY & DAILY )
Direction:Rising up from near 10 year lows. Rough Rice futures chart
trajectory is upwards to the Wolfe Wave Target line. The trajectory is empowered
by the weekly chart long term bullish divergence and the power of the Wolfe
Wave Chart pattern.
Rough
Rice Futures early 2017 Technical Objective:Wolfe Wave target line on the weekly chart.
Rough Rice Investment Objective:
1)Buy, hold and average up at key breakout
points. Initial margin = $1,265 / contract.
2)Comparatively daily low volume to other futures is
not supportive to day trading. This is an investment till early 2017.
3) Transition
to next contract month as needed until price target is reached. November and
January contracts are currently viable.
4) Investment
return calculator: https://www.danielstrading.com/trading-resources/futures-calculator
Daily
Chart technical points of intereston its way to
its bullish Wolfe Wave target.
1)Price is now trading above its 18 exp.
mov. avg. and MACD is rising empoyered by bullish divergence.
Ongoing trend buy signals.
2)Pending RSI closing above 50 and entering into bullish momentum
currently priced at 9.88.
3)+ DMI > - DMI buy signal. Pending ADX turning up
denoting a strengthening upward trend buy signal. Watch for it.
4)Pending price crossing August high of 10.85.
5)Pending MACD crossing above the zero line buy signal.
http://www.insidefutures.com/article/1792737/Rough%20Rice%20Futures%20-%20Chart%20Target%20for%20early%202017%20.html
Government expects record foodgrain output this year
Thanks to reasonably widespread monsoon rains so far this year after two consecutive years of deficient monsoon, the country’s foodgrain output is expected to touch a record level in the current crop year (2016-17), agriculture minister Radha Mohan Singh said on Thursday.
By: FE Bureau | New Delhi | Published: September 16,
2016 6:08 AM
The agriculture ministry, meanwhile, has set a
target of achieving a record foodgrain production of 270 million tonne in the
2016-17 crop year, mainly because of widespread monsoon this season so far.
(Reuters)
Thanks
to reasonably widespread monsoon rains so far this year after two consecutive
years of deficient monsoon, the country’s foodgrain output is expected to touch
a record level in the current crop year (2016-17), agriculture minister Radha
Mohan Singh said on Thursday.The country had last achieved a record output of 265.04 million tonne in the 2013-14 crop year (July-June). Subsequently, the foodgrain production in the next two years — 2014-15 and 2015-16 — declined to 252.02 million tonne and 253.23 million tonne, respectively, due to deficient monsoon.
The agriculture ministry, meanwhile, has set a target of achieving a record foodgrain production of 270 million tonne in the 2016-17 crop year, mainly because of widespread monsoon this season so far. The ministry has pegged paddy output at 108.50 million tonne, wheat at 96.50 million tonne and pulses at 24.50 million tonne for this year.
“Overall, monsoon has been favourable to farmers this year. We have received good rains and distribution was also good. I am sure we will have record production this year,” Singh said, addressing the national conference on rabi crops.
Pulses production is expected to be a record as the area during the kharif season has increased sharply by 29% to 143.95 lakh hectare, Singh said. The kharif sowing of paddy, oilseeds and coarse cereals have improved too. Usually, kharif sowing commences with the onset of southwest monsoon from June and harvesting will begin from next month.
Singh asked states to take up rabi or winter sowing of pulses by stating that, “since majority of pulses output comes from the rabi season, we need to continue encouraging farmers to grow pulses”. Unless farmers don’t get the minimum support price (MSP), they will not be encouraged to plant lentils in the rabi season. “It is for this reason that the government has started the pulses procurement operation,” he said.
As reported by FE earlier, the government agencies — Food Corporation of India (FCI), farmers’ cooperative Nafed and Small Farmers’ Agribusiness Consortium — have started procurement of kharif moong in Karnataka and Maharashtra at the MSP. Other pulses like tur and urad will also be procured once their arrival begins on a large scale next month.
Agriculture secretary Shobhana K Pattanayak said the increase in pulses output in the next rabi season would depend on efficient procurement.
“Right now, pulses crop is in a very good shape. We are likely to break the record of pulses production during the current year. The next rabi pulses production will get a boost depending on how efficient is our procurement mechanism in the current season,” Pattanayak said.
On the strategy for the forthcoming rabi season, agriculture commissioner S K Malhotra said the state governments should adopt region-specific crop planning based on moisture availability. States should focus on rice fallow areas of 8 million hectare to promote pulses and oilseeds, he said, adding that they should also promote relay cropping and intercropping to enhance production and productivity
http://www.financialexpress.com/markets/commodities/government-expects-record-foodgrain-output-this-year/378944/
Rice Prices
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Bangalore(Kar)
|
2261.00
|
-6.92
|
187262.00
|
3800
|
3800
|
-11.63
|
|
Bazpur(Utr)
|
2240.00
|
303.6
|
56782.19
|
1840
|
1825
|
-3.21
|
|
Gadarpur(Utr)
|
2211.00
|
28.17
|
145360.00
|
2260
|
2425
|
23.63
|
|
Bhivandi(Mah)
|
1000.00
|
-71.43
|
77589.00
|
3480
|
2600
|
69.76
|
|
Kanpur(Grain)(UP)
|
720.00
|
2.86
|
16195.00
|
2170
|
2190
|
-0.23
|
|
Bangarpet(Kar)
|
526.00
|
28.29
|
14064.00
|
1830
|
1820
|
15.82
|
|
Kopaganj(UP)
|
350.00
|
16.67
|
1100.00
|
2225
|
2220
|
8.54
|
|
Agra(UP)
|
220.00
|
-6.38
|
7472.00
|
2270
|
2260
|
11.55
|
|
Varanasi(Grain)(UP)
|
200.00
|
2.56
|
1120.00
|
2235
|
2220
|
-
|
|
Gondal(UP)
|
186.00
|
8.14
|
15670.10
|
2040
|
2010
|
0.74
|
|
Birbhum(WB)
|
164.00
|
2.5
|
3820.40
|
2020
|
2040
|
7.16
|
|
Jasvantnagar(UP)
|
150.00
|
25
|
3260.00
|
2260
|
2270
|
-0.22
|
|
Faizabad(UP)
|
145.00
|
11.54
|
4874.50
|
2325
|
2325
|
12.32
|
|
Azamgarh(UP)
|
140.00
|
-20
|
6896.00
|
2250
|
2200
|
9.76
|
|
Bahraich(UP)
|
112.00
|
-1.75
|
5275.00
|
2200
|
2195
|
6.54
|
|
Allahabad(UP)
|
100.00
|
-28.57
|
7100.00
|
2245
|
2235
|
0.90
|
|
Kalipur(WB)
|
94.00
|
4.44
|
8222.00
|
2400
|
2400
|
23.08
|
|
Mathabhanga(WB)
|
90.00
|
-25
|
6270.00
|
2450
|
2450
|
25.64
|
|
Rampurhat(WB)
|
90.00
|
NC
|
1524.00
|
2200
|
2200
|
17.02
|
|
Aligarh(UP)
|
85.00
|
NC
|
5765.00
|
2420
|
2400
|
12.56
|
|
Kasganj(UP)
|
85.00
|
1316.67
|
828.00
|
2240
|
2170
|
8.21
|
|
P.O. Uparhali Guwahati(ASM)
|
82.00
|
NC
|
4517.10
|
2230
|
2230
|
6.19
|
|
Ghaziabad(UP)
|
80.00
|
60
|
3805.00
|
2340
|
2340
|
8.84
|
|
Howly(ASM)
|
79.00
|
-10.23
|
2270.20
|
1850
|
1900
|
23.33
|
|
Saharanpur(UP)
|
79.00
|
5.33
|
6727.00
|
2280
|
2270
|
5.56
|
|
Ballia(UP)
|
70.00
|
16.67
|
8150.00
|
2080
|
2075
|
5.05
|
|
Indus(Bankura Sadar)(WB)
|
70.00
|
7.69
|
1082.00
|
2500
|
2500
|
13.64
|
|
Etawah(UP)
|
65.00
|
-7.14
|
19835.00
|
2265
|
2260
|
0.22
|
|
Barasat(WB)
|
65.00
|
18.18
|
3480.00
|
2350
|
2350
|
-4.08
|
|
Gauripur(ASM)
|
63.00
|
40
|
3236.50
|
4500
|
4500
|
NC
|
|
Gazipur(UP)
|
63.00
|
3.28
|
3100.50
|
2050
|
2050
|
1.74
|
|
Mathura(UP)
|
55.00
|
-11.29
|
6450.00
|
2340
|
2320
|
15.84
|
|
Egra/contai(WB)
|
54.90
|
12.04
|
776.00
|
2300
|
2400
|
9.52
|
|
Mainpuri(UP)
|
54.00
|
-16.92
|
1849.50
|
2270
|
2250
|
12.38
|
|
Nadia(WB)
|
50.00
|
NC
|
1590.00
|
3350
|
3350
|
11.67
|
|
Kasimbazar(WB)
|
48.00
|
NC
|
2617.00
|
2480
|
2480
|
5.53
|
|
Chintamani(Kar)
|
45.00
|
136.84
|
662.00
|
2000
|
2000
|
8.11
|
|
Shahjahanpur(UP)
|
45.00
|
15.38
|
44978.70
|
2250
|
2300
|
246.15
|
|
Vasai(Mah)
|
44.00
|
-22.81
|
338.00
|
2680
|
2100
|
3.08
|
|
Coochbehar(WB)
|
44.00
|
-2.22
|
2058.50
|
2400
|
2400
|
11.63
|
|
Cachar(ASM)
|
40.00
|
100
|
3040.00
|
2200
|
2200
|
-18.52
|
|
Taliamura(Tri)
|
40.00
|
14.29
|
595.00
|
2800
|
2800
|
7.69
|
|
Sitapur(UP)
|
36.00
|
-12.62
|
7918.20
|
2220
|
2220
|
5.21
|
|
Rampur(UP)
|
35.00
|
9.38
|
1204.50
|
2480
|
2475
|
14.29
|
|
Mangalore(Kar)
|
30.00
|
20
|
246.00
|
3450
|
3450
|
12.01
|
|
Jalpaiguri Sadar(WB)
|
30.00
|
11.11
|
971.00
|
2650
|
2650
|
-11.67
|
|
Achalda(UP)
|
25.00
|
-10.71
|
4393.50
|
2265
|
2260
|
0.44
|
|
Koderma(Jha)
|
24.00
|
-35.14
|
683.00
|
3500
|
3600
|
2.94
|
|
Purulia(WB)
|
24.00
|
33.33
|
2556.00
|
2400
|
2420
|
14.29
|
|
Gulbarga(Kar)
|
23.00
|
9.52
|
172.00
|
2150
|
2100
|
NC
|
|
Goalpara(ASM)
|
22.40
|
-20.57
|
1152.20
|
2110
|
2110
|
-
|
|
Lakhimpur(UP)
|
21.00
|
1005.26
|
229.95
|
2330
|
2340
|
8.37
|
|
Jorhat(ASM)
|
20.00
|
NC
|
1872.00
|
2700
|
2700
|
-3.57
|
|
Bareilly(UP)
|
20.00
|
33.33
|
8348.70
|
2400
|
2380
|
10.09
|
|
Jaunpur(UP)
|
20.00
|
-90.48
|
6430.00
|
2080
|
2100
|
2.72
|
|
Yusufpur(UP)
|
20.00
|
-33.33
|
1170.00
|
2080
|
2080
|
4.52
|
|
Kaliaganj(WB)
|
20.00
|
33.33
|
1090.00
|
2750
|
2750
|
NC
|
|
Alipurduar(WB)
|
20.00
|
NC
|
698.00
|
2300
|
2300
|
4.55
|
|
Kolaghat(WB)
|
20.00
|
5.26
|
1169.00
|
2450
|
2450
|
2.08
|
|
Madhoganj(UP)
|
19.00
|
18.75
|
407.50
|
2200
|
2150
|
2.33
|
|
Sirsa(UP)
|
18.50
|
-2.63
|
654.00
|
2265
|
2240
|
4.14
|
|
Amroha(UP)
|
18.00
|
-28
|
87.00
|
2425
|
2400
|
17.15
|
|
Tamluk (Medinipur E)(WB)
|
18.00
|
5.88
|
1134.00
|
2450
|
2450
|
2.08
|
|
Medinipur(West)(WB)
|
18.00
|
20
|
138.00
|
2550
|
2550
|
-
|
|
Ramkrishanpur(Howrah)(WB)
|
17.80
|
-4.81
|
1450.40
|
2400
|
2400
|
-4.00
|
|
Dibrugarh(ASM)
|
17.00
|
30.77
|
1579.30
|
2450
|
2450
|
-
|
|
Bethuadahari(WB)
|
15.50
|
6.9
|
151.50
|
3300
|
3300
|
4.76
|
|
Khair(UP)
|
15.00
|
50
|
257.00
|
2400
|
2400
|
24.35
|
|
Champadanga(WB)
|
15.00
|
25
|
1262.00
|
2700
|
2700
|
8.00
|
|
Dinhata(WB)
|
15.00
|
NC
|
133.50
|
2250
|
2250
|
10.29
|
|
Dahod(Guj)
|
14.80
|
14.73
|
1681.30
|
4100
|
4100
|
2.50
|
|
Banda(UP)
|
14.00
|
-48.15
|
590.50
|
2265
|
2260
|
-
|
|
Mekhliganj(WB)
|
14.00
|
3.7
|
933.00
|
2350
|
2350
|
23.68
|
|
Bankura Sadar(WB)
|
13.00
|
8.33
|
229.00
|
2270
|
2270
|
-
|
|
Pundibari(WB)
|
13.00
|
NC
|
372.50
|
2350
|
2350
|
13.25
|
|
North Lakhimpur(ASM)
|
12.20
|
38.64
|
2036.00
|
1900
|
1900
|
NC
|
|
Sangli(Mah)
|
12.00
|
-78.57
|
212.00
|
4500
|
4500
|
-
|
|
Nilagiri(Ori)
|
10.00
|
-16.67
|
657.00
|
2400
|
2300
|
NC
|
|
Robertsganj(UP)
|
10.00
|
NC
|
798.00
|
1985
|
1990
|
6.72
|
|
Kolhapur(Laxmipuri)(Mah)
|
9.00
|
-18.18
|
2217.00
|
3000
|
3000
|
-
|
|
Deogarh(Ori)
|
9.00
|
NC
|
580.50
|
2500
|
2500
|
NC
|
|
Pukhrayan(UP)
|
9.00
|
-10
|
343.50
|
2210
|
2200
|
1.14
|
|
Sheoraphuly(WB)
|
8.50
|
6.25
|
593.15
|
2850
|
2800
|
7.55
|
|
Bolangir(Ori)
|
8.00
|
6.67
|
391.40
|
2500
|
2500
|
13.64
|
|
Etah(UP)
|
8.00
|
14.29
|
212.00
|
2210
|
2220
|
6.76
|
|
Ranaghat(WB)
|
8.00
|
NC
|
135.00
|
2200
|
2200
|
-6.38
|
|
Mirzapur(UP)
|
7.50
|
-6.25
|
1679.10
|
1995
|
1990
|
0.25
|
|
Silapathar(ASM)
|
7.00
|
16.67
|
727.80
|
3000
|
3000
|
NC
|
|
Tusura(Ori)
|
7.00
|
NC
|
388.00
|
2500
|
2500
|
13.64
|
|
Firozabad(UP)
|
7.00
|
16.67
|
797.10
|
2260
|
2270
|
10.78
|
|
Khairagarh(UP)
|
7.00
|
-12.5
|
547.00
|
2240
|
2230
|
10.34
|
|
Muradabad(UP)
|
7.00
|
16.67
|
613.20
|
2450
|
2440
|
12.39
|
|
Dibiapur(UP)
|
7.00
|
-12.5
|
270.50
|
2250
|
2250
|
-0.44
|
|
Shimoga(Kar)
|
6.00
|
-70
|
56.00
|
2325
|
2250
|
-1.06
|
|
Karanjia(Ori)
|
6.00
|
NC
|
431.80
|
2700
|
2700
|
3.85
|
|
Haldibari(WB)
|
6.00
|
20
|
705.50
|
2300
|
2300
|
-13.21
|
|
Uluberia(WB)
|
5.20
|
8.33
|
288.80
|
2400
|
2400
|
-4.00
|
|
Hailakandi(ASM)
|
5.00
|
66.67
|
154.00
|
2200
|
2500
|
-18.52
|
|
Baruipur(Canning)(WB)
|
5.00
|
25
|
85.70
|
2800
|
2800
|
NC
|
|
Rura(UP)
|
4.50
|
-10
|
187.30
|
2210
|
2200
|
-1.78
|
|
Islampur(WB)
|
4.00
|
-11.11
|
394.00
|
2450
|
2450
|
13.95
|
|
Golaghat(ASM)
|
3.50
|
-92.22
|
268.50
|
2200
|
2400
|
-6.38
|
|
Farukhabad(UP)
|
3.50
|
40
|
234.40
|
2300
|
2300
|
6.24
|
|
Kalyani(WB)
|
3.50
|
NC
|
121.50
|
3400
|
3400
|
NC
|
|
Jagnair(UP)
|
3.20
|
6.67
|
69.20
|
4280
|
2140
|
110.84
|
|
Achnera(UP)
|
3.00
|
NC
|
39.00
|
2150
|
2140
|
5.91
|
|
Fatehpur Sikri(UP)
|
3.00
|
NC
|
61.00
|
2200
|
2120
|
9.45
|
|
Darjeeling(WB)
|
3.00
|
-6.25
|
109.70
|
2900
|
2900
|
7.41
|
|
Karimpur(WB)
|
3.00
|
NC
|
112.00
|
3150
|
3150
|
NC
|
|
Balarampur(WB)
|
2.60
|
18.18
|
102.70
|
2440
|
2440
|
14.55
|
|
Melaghar(Tri)
|
2.50
|
NC
|
135.30
|
2750
|
2700
|
12.24
|
|
Madhugiri(Kar)
|
2.00
|
-50
|
6.00
|
3000
|
2547
|
NC
|
|
Khliehriat(Meh)
|
1.20
|
50
|
11.80
|
5000
|
4500
|
85.19
|
|
Khambhat(Grain Market)(Guj)
|
1.00
|
-
|
1.00
|
3350
|
-
|
-
|
|
Shillong(Meh)
|
1.00
|
-16.67
|
75.60
|
3500
|
3500
|
NC
|
|
Sardhana(UP)
|
1.00
|
NC
|
99.10
|
2280
|
2290
|
6.54
|
|
Kalimpong(WB)
|
1.00
|
-16.67
|
46.20
|
2650
|
2650
|
17.78
|
|
Mawana(UP)
|
0.80
|
-20
|
34.70
|
2270
|
2290
|
5.09
|
|
Jajpur(Ori)
|
0.74
|
-95.38
|
521.74
|
2000
|
2000
|
-20.00
|
Rice Prices
as on : 17-09-2016 03:41:53 PMArrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Bangalore(Kar)
|
3004.00
|
32.86
|
190266.00
|
3800
|
3800
|
-11.63
|
|
Bhivandi(Mah)
|
2200.00
|
120
|
79789.00
|
3200
|
3480
|
56.10
|
|
Bangarpet(Kar)
|
493.00
|
-6.27
|
14557.00
|
1730
|
1830
|
9.49
|
|
Jaunpur(UP)
|
230.00
|
1050
|
6660.00
|
2080
|
2080
|
2.72
|
|
Durgapur(WB)
|
132.00
|
-0.75
|
2517.00
|
2550
|
2550
|
12.83
|
|
Siliguri(WB)
|
95.00
|
NC
|
7603.00
|
2600
|
2600
|
-
|
|
Thodupuzha(Ker)
|
70.00
|
NC
|
4270.00
|
2900
|
2900
|
16.00
|
|
P.O. Uparhali Guwahati(ASM)
|
67.00
|
-18.29
|
4584.10
|
2230
|
2230
|
6.19
|
|
Gajol(WB)
|
52.00
|
9.47
|
1229.50
|
3100
|
3100
|
19.23
|
|
Dahod(Guj)
|
49.60
|
235.14
|
1730.90
|
4100
|
4100
|
2.50
|
|
Pandua(WB)
|
42.00
|
-4.55
|
3195.00
|
2800
|
2800
|
14.29
|
|
Koderma(Jha)
|
37.00
|
54.17
|
720.00
|
3600
|
3500
|
5.88
|
|
Khatra(WB)
|
36.00
|
-7.69
|
1256.00
|
2300
|
2500
|
2.22
|
|
Gauripur(ASM)
|
30.00
|
-52.38
|
3266.50
|
4500
|
4500
|
NC
|
|
Mangalore(Kar)
|
29.00
|
-3.33
|
275.00
|
3450
|
3450
|
12.01
|
|
Kendupatna(Ori)
|
25.00
|
56.25
|
152.50
|
2100
|
2200
|
13.02
|
|
Gulbarga(Kar)
|
18.00
|
-21.74
|
190.00
|
2050
|
2150
|
-4.65
|
|
Naugarh(UP)
|
16.50
|
NC
|
1014.00
|
2110
|
2100
|
8.76
|
|
Mulabagilu(Kar)
|
13.00
|
160
|
31.00
|
1700
|
1800
|
-
|
|
Jiaganj(WB)
|
11.00
|
4.76
|
42.00
|
2310
|
2310
|
-
|
|
Lalbagh(WB)
|
10.50
|
-12.5
|
140.80
|
2310
|
2310
|
0.43
|
|
Sangli(Mah)
|
10.00
|
-16.67
|
222.00
|
4500
|
4500
|
-
|
|
Bampada(Ori)
|
10.00
|
-
|
10.00
|
2500
|
-
|
-
|
|
Udala(Ori)
|
10.00
|
900
|
962.00
|
2800
|
2800
|
3.70
|
|
Barikpur(Ori)
|
10.00
|
NC
|
235.00
|
2500
|
2600
|
NC
|
|
Nilagiri(Ori)
|
10.00
|
NC
|
667.00
|
2300
|
2400
|
-4.17
|
|
Kolhapur(Laxmipuri)(Mah)
|
9.00
|
NC
|
2226.00
|
3000
|
3000
|
-
|
|
Deogarh(Ori)
|
9.00
|
NC
|
589.50
|
2500
|
2500
|
NC
|
|
Muradabad(UP)
|
9.00
|
28.57
|
622.20
|
2440
|
2450
|
11.93
|
|
Raiganj(WB)
|
8.00
|
NC
|
1102.50
|
2700
|
2700
|
-6.90
|
|
Sheoraphuly(WB)
|
8.00
|
-5.88
|
601.15
|
2850
|
2850
|
7.55
|
|
Karsiyang(Matigara)(WB)
|
6.20
|
NC
|
209.00
|
1900
|
2700
|
-13.64
|
|
Mirzapur(UP)
|
6.00
|
-20
|
1685.10
|
1990
|
1995
|
NC
|
|
Bishnupur(Bankura)(WB)
|
6.00
|
-60
|
108.00
|
2300
|
2300
|
-
|
|
Islampur(WB)
|
4.00
|
NC
|
398.00
|
2450
|
2450
|
13.95
|
|
Bagepalli(Kar)
|
3.00
|
-
|
3.00
|
2500
|
-
|
-
|
|
Alibagh(Mah)
|
3.00
|
NC
|
183.00
|
4000
|
4000
|
21.21
|
|
Murud(Mah)
|
3.00
|
NC
|
252.00
|
3000
|
3000
|
87.50
|
|
Darjeeling(WB)
|
2.80
|
-6.67
|
112.50
|
2900
|
2900
|
7.41
|
|
Bishalgarh(Tri)
|
2.60
|
-10.34
|
20.20
|
2900
|
3000
|
-9.38
|
|
Balarampur(WB)
|
2.30
|
-11.54
|
105.00
|
2440
|
2440
|
14.55
|
|
Tumsar(Mah)
|
2.00
|
NC
|
7.00
|
3400
|
3200
|
9.29
|
|
Moodigere(Kar)
|
1.00
|
-
|
1.00
|
3286
|
-
|
-
|
|
Siddapur(Kar)
|
1.00
|
-
|
1.00
|
2680
|
-
|
-
|
|
Bhandara(Mah)
|
1.00
|
-
|
1.00
|
3625
|
-
|
-
|
|
Melaghar(Tri)
|
1.00
|
-60
|
136.30
|
2650
|
2750
|
8.16
|
http://www.thehindubusinessline.com/economy/agri-business/article9118745.ece
Nigeria imports rice worth $6m daily – Ogbeh
By Daily Post Staff on September 16, 2016
The Federal Government has said the country spends $6m on the importation of
rice daily, the News Agency of Nigeria reports.The Minister of Agriculture and
Rural Development, Chief Audu Ogbeh, said this while addressing farmers at
Ndeagu-Echara and Omege-Echara in Ikwo Local Government Area of Ebonyi on
Friday.“The country is currently importing $6m worth of rice daily and the
funds to sustain such importation are no longer obtainable,” Ogbeh, who spoke
through his Senior Adviser on International Donor Partners, said.
To reverse the trend, Ogbeh said that government was giving priority to rice
production.He promised that the government would support farmers in the country to embark on all-year farming.
“The Federal Government would support you through the provision of inputs, access to financing among other interventions, to achieve improved yields from your crops,” he said.
“You will also be supported to embark on all-year farming through the provision of irrigation facilities that would enhance crop yield.”Ogbeh called on the farmers to start viewing agriculture as a lucrative business venture.
The minister’s comments came when officials of the International Fund for Agriculture-Value Chain Development Programme visited some rice-processing clusters in the state.
The National Coordinator, IFAD—VCDP, Dr. Ameh Onoja, expressed satisfaction with the rice production efforts of the farmers in the state and pledged the organisation’s continued assistance.
He said, “We evaluated the total crop areas and yield performance and pray that the rains extend to the latter part of the year for a bumper harvest.
“We also commend the Ebonyi government for practical demonstrating its commitment towards improved rice production, to make the state the highest rice producer in the country.
“The government has sustained its counterpart fund payment and demonstrated its political will through mechanisation of farm practices to assist farmers.”
http://dailypost.ng/2016/09/16/nigeria-imports-rice-worth-6m-daily-ogbeh/
China donates 20 000 tonnes of rice
ZIMBABWE
has received rice from China to help alleviate hunger after a drought that has
left up to 4 million citizens in need of food aid.Chinese Ambassador to
Zimbabwe Huang Ping on Thursday handed over 5,500 tonnes of rice that have
arrived in the country, which is part of the total 19,000 tonnes worth 24.6
million U.S. dollars donated by the Chinese government to Zimbabwe. In his remarks,
Huang said the donation was in fulfillment of the drought relief pledge made to
affected African countries by Chinese President Xi Jinping at the Forum on
China-Africa Cooperation (FOCAC) summit held in South Africa last December."Today's
event again testifies the strong ties between China and Zimbabwe as all-weather
partners, especially in the area of food security and agriculture," he
said.
China
had provided five consignments of emergency food aid to Zimbabwe over the last
10 years-worth millions of U.S. dollars-to help the country cope with
shortages, he added.He said in support of Zimbabwe's efforts to ensure national
food security, China would, this year, donate 10,000 tonnes of urea fertilizer
to benefit farmers who will take part in a government maize production scheme
targeting to produce 2 million tonnes of maize.Public Service, Labor and Social
Welfare minister, Prisca Mupfumira, who received the rice on behalf of
government, thanked China for the donation.She said the rice would be distributed
to vulnerable groups who include orphans and the elderly."The Government
of Zimbabwe is indeed grateful for your donation as this will go a long way in
alleviating food shortages among vulnerable groups," the minister said.She
said Zimbabwe would take long to recover from the impact of the El-Nino induced
drought, and appealed for more humanitarian support to help the country cope
with food shortages.
Daily Post
Rice import scandal may ignite TPP spat in Japan
Rice grown in the U.S. state of California is sold in Japan.
TOKYO -- An official admission that importers and wholesalers may have been
circumventing a government program designed to protect domestic farmers by
controlling prices for imported rice could have a negative impact on upcoming
Diet discussions regarding the Trans-Pacific Partnership trade deal.Under the so-called SBS, or simultaneous buy and sell, system used for a portion of Japan's rice imports, an importer and a wholesaler pair up and put in their bids at once. The importer names the price at which it is willing to sell foreign rice to the government, and the wholesaler specifies the price it would pay to buy the rice. Prices are artificially inflated to prevent cheap foreign rice from impacting domestic prices. The auction system is allowed under the Uruguay round of multilateral trade talks, which ended in 1993.
In a Friday news conference after a cabinet meeting, Agriculture Minister Yuji Yamamoto revealed a possibility that auction participants may have employed a shady scheme to sell rice at lower prices than the prices they bid through the government program.
Importers purportedly have been paying rebates to wholesalers under the name of "adjustment." With this payment, wholesalers could make profits even if they sold imported rice at a lower price than what they paid to the government. Some suggest that was exactly what happened in some cases.
If confirmed, this is a damaging blow to the agriculture ministry's efforts to convince Japanese rice farmers that they have nothing to fear from the TPP. If Japan ratifies the trade pact, the country will have to increase annual rice imports under the SBS mechanism by as much as 78,000 tons, from the current 100,000 tons. The ministry has told Japanese farmers that under the SBS system, imported rice is sold at similar prices as domestic rice.
In the news conference, Yamamoto admitted that some agricultural ministry personnel knew about the "adjustments" at least two years ago.
The realization that they have been lied to is certain to make farmers more resistant to the TPP. The scandal likely will also be used by opposition parties to attack the government's efforts to push through the trade deal in the extraordinary Diet session this autumn.
(Nikkei)
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