Thursday, December 15, 2016

15th December,2016 daily global regional and local rice e-newsletter by rice plus magazine

Philippines approves rice trader imports of 641,080 T, below quota

Reuters
Posted at Dec 14 2016 12:38 PM
MANILA - The Philippines' state grains agency has approved permits for local rice traders to import 641,080 tons of the staple grain from Thailand, Vietnam, Pakistan and India, it said in a notice posted on its website on Wednesday.The approved imports, which must be brought in by Feb. 28, 2017, account for 80 percent of the maximum volume of 805,200 tons that private traders are allowed to bring in under an annual country-specific quota scheme.Private traders will import 284,780 tons of rice from Thailand; 294,020 tons from Vietnam; 56,140 tons from Pakistan; and 6,140 tons from India, the National Food Authority (NFA) said after evaluating all applications.
The shipments will boost the rice supply in the country, which has remained ample this year thanks to the NFA's rice imports in 2015 and in recent months.

The NFA has a stand-by authority to import another 250,000 tons of rice in addition to the 250,000 tons it bought in August from Vietnam and Thailand.Fresh demand from the Philippines, one of the world's biggest rice buyers, could underpin export prices particularly in Vietnam and Thailand, traditionally its main suppliers.Rice export prices in India and Vietnam weakened last week on thin demand, but still failed to attract buyers, while prices rose slightly in Thailand amid a slowing harvest

Rice Infrastructure Bids Sought

The Rural Development Bank (RDB) has called for expressions of interest to develop and operate a 200,000 ton rice warehouse and a rice paddy drying facility. The drying facility would have the capacity to process 3,000 tons per day. The government is seeking to finance additional agricultural infrastructure to address a shortage of storage and drying facilities.The bank said the improved infrastructure was needed to make the rice sector more efficient and support farmers under a public private partnership model. RDB CEO Kao Thach told Khmer Times yesterday the government has about $15 million to build the warehouse and drying facility in Battambang province, the country’s biggest rice-producing province.
The bank said the bidders’ proposals will be evaluated on criteria such as being a registered Cambodian business, a strong proven track record of operating rice milling and storage and stock management facilities, strong track record of building and managing relationships with farmer organizations in Battambang, and ability to provide suitable land to locate the development of the facilities. The land must be a minimum 10 hectares. Phou Puy, president of the Green Rice Miller in Battambang and chairman of the Rice Bank, told Khmer Times that it would be an important solution to have a big rice storage warehouse and paddy drying facility in Battambang.

He said it was needed by the rice sector in Cambodia and would help millers and exporters with capacity shortages at harvest season. “If there is big rice storage warehouse and paddy drying facility, it will help both farmers and rice millers and rice exporters,” added Mr. Phou Puy. “Currently, the biggest paddy drying facilities are 800 and 500 tons, and smallest 40 tons per day.“The biggest rice warehouse capacity is 50,000 tons and the smallest 2,000 tons,” said Mr. Phou Puy who has shown interest in bidding to build the facilities. The bank said project proposals and a detailed business plan including financial and technical proposals are to be submitted by the end of the month.The independent Mekong Strategic Partners will review the bids and send a shortlist to the RDB board of directors for final selectio


Paddy procurement to be reviewed every fortnight
December 14 2016

Bhubaneswar: Amid reports of irregularity in paddy procurement, Chief Minister Naveen Patnaik Tuesday directed Chief Secretary Aditya Prasad Padhi to take stock of the ongoing procurement process every 15 days.

Patnaik, who held a video conference with district collectors in this regard directed them to ensure timely participation of registered farmers in the procurement process to ensure immediate payment to them.

The chief minister also asked concerned officials and collectors to ensure distribution of special aid to farmers affected by draught in 2015-16 by December 17.  According to officials, of 2.28lakh affected farmers 2.13 lakh were provided `72crore assistance.


Meanwhile, food supplies and consumer welfare minister Sanjay Das Burma who held a review meeting with the food supplies and cooperative department officials earlier in the day, said the state government has procured 3.58 lakh tonne paddy from 53,000 farmers so far. He said the procurement is underway in 67 blocks of nine districts through 255 Primary Agricultural Cooperative Societies (PACS).The total value of procured paddy is pegged at `525crore, he said, adding, the state has already paid `409 crore to farmers online.


As claimed by the state government earlier, the food minister said demonetisation and subsequent RBI instructions to district central cooperative banks not to facilitate exchange, withdraw or deposit money has affected farmers and paddy collection.

The state government has set a paddy procurement target of 44 lakh tonne (30 lakh tone in terms of rice) during KMS 2016-17.  While kharif paddy would be procured between November 2016 and March 2017, rabi paddy would be procured between May and June, 2017.The farmers’ wing of the state Congress has, meanwhile, criticised the state government for not providing minimum support price (MSP) on paddy to the farmers.The Chief Minister also reviewed the disbursement of agriculture crop insurance to farmers and asked officials to distribute the amounts by December 20. It was said in the meeting that `1,776crore will be distributed as crop insurance to 11.61lakh farmers affected by drought during Kharif 2015. So far government has transferred `1,124 crore to bank accounts of 7lakh farmers towards agriculture crop insurance

http://www.orissapost.com/paddy-procurement-to-be-reviewed-every-fortnight/Rice Prices

as on : 15-12-2016 04:31:30 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)
929.00
22.56
205834.00
2946
1945
39.36
Bangarpet(Kar)
618.00
51.1
14922.00
1830
1830
8.93
Burdwan(WB)
435.00
-1.58
11343.00
1850
1850
5.71
Pilibhit(UP)
260.00
4
177137.50
2240
2235
2.52
Kanpur(Grain)(UP)
250.00
-16.67
27685.00
2040
2025
-6.64
Guskara(Burdwan)(WB)
228.00
-3.8
6762.00
2250
2250
3.21
English Bazar(WB)
165.00
0.61
2569.00
2200
2200
15.79
Sainthia(WB)
164.00
0.61
5130.20
1910
1920
-
Birbhum(WB)
159.00
0.19
6151.40
1910
1920
2.41
Akbarpur(UP)
120.00
NC
900.00
2150
2150
7.50
Gondal(UP)
103.00
-12.71
15862.50
2040
2000
-2.86
Roorkee(Utr)
100.00
-56.52
2420.00
2190
2350
9.50
Kalna(WB)
97.00
1.04
1918.00
2970
2970
-
Shahjahanpur(UP)
96.00
-40.89
50667.80
2350
2320
9.30
Agra(UP)
90.00
12.5
8239.00
2550
2570
14.86
Memari(WB)
90.00
20
4925.00
1900
1900
5.56
P.O. Uparhali Guwahati(ASM)
81.80
5.14
6578.20
2230
2230
6.19
Aligarh(UP)
80.00
-5.88
8330.00
2550
2560
21.43
Ghaziabad(UP)
80.00
60
3965.00
2260
2260
9.18
Mainpuri(UP)
75.00
19.05
2841.00
2260
2250
13.00
Howly(ASM)
74.00
-1.33
1670.50
1700
1700
17.24
Lanka(ASM)
70.00
-6.67
4600.00
2000
2000
15.94
Badayoun(UP)
70.00
6900
143.00
2210
2290
4.25
Basti(UP)
70.00
-17.65
6054.50
2110
2110
1.93
Mathura(UP)
70.00
16.67
4130.00
2510
2540
24.88
Jangipur(WB)
63.50
NC
2009.60
2225
2235
12.09
Umared(Mah)
61.00
NC
244.00
3500
3500
27.27
Vasai(Mah)
52.00
-38.1
1150.00
2690
2840
3.46
Saharanpur(UP)
50.00
-3.85
7577.00
2285
2280
10.92
Dadri(UP)
50.00
NC
3092.00
2260
2260
8.65
Nadia(WB)
50.00
NC
1920.00
3400
3400
15.25
Gazipur(UP)
48.00
6.67
4286.00
2130
2200
5.19
Kasimbazar(WB)
47.00
NC
3943.00
2450
2430
8.89
Cachar(ASM)
40.00
-66.67
5250.00
2200
2200
-18.52
Srirampur(ASM)
40.00
-20
3600.00
2800
2800
-6.04
Beldanga(WB)
40.00
NC
5651.00
2400
2400
6.67
Bhivandi(Mah)
38.00
-35.59
221777.00
2600
2500
26.83
Goalpara(ASM)
34.00
-25.6
207.40
3850
3600
20.31
Pratapgarh(UP)
31.00
14.81
591.00
2235
2250
8.50
Kolar(Kar)
29.00
-6.45
308.00
4371
4555
-4.98
Meerut(UP)
28.00
-3.45
1223.00
2280
2280
11.22
Yusufpur(UP)
25.00
-21.88
1840.00
2170
2170
10.43
Garbeta(Medinipur)(WB)
25.00
4.17
486.00
2400
2600
-
Katwa(WB)
23.80
5.78
204.80
2250
2250
-
Chintamani(Kar)
23.00
-68.92
1229.00
2150
2050
16.22
Jhargram(WB)
23.00
15
280.00
2200
2350
-
Ramkrishanpur(Howrah)(WB)
22.00
-4.35
1719.00
2500
2500
NC
Madhoganj(UP)
21.00
-27.59
549.50
2150
2180
-1.15
Karimganj(ASM)
20.00
NC
2280.00
2300
3100
12.20
Sahiyapur(UP)
20.00
-33.33
276.00
2100
2115
-
Dinhata(WB)
20.00
NC
525.50
2200
2200
7.32
Kolhapur(Laxmipuri)(Mah)
18.00
NC
2722.00
3000
3000
NC
Jayas(UP)
18.00
100
156.00
2010
1980
-4.29
Purulia(WB)
18.00
NC
2442.00
2400
2500
3.45
Balrampur(UP)
16.50
-54.79
1754.50
2180
2190
4.06
Dahod(Guj)
15.80
-45.52
1640.80
4000
4100
NC
North Lakhimpur(ASM)
15.60
77.27
2511.10
1900
1900
NC
Haldibari(WB)
15.00
NC
60.00
2250
2250
-
Medinipur(West)(WB)
15.00
-16.67
376.00
2500
2500
-
Udala(Ori)
14.00
27.27
912.00
2800
2800
NC
Divai(UP)
12.00
-14.29
390.00
2260
2275
8.92
Pukhrayan(UP)
11.00
-8.33
526.00
2140
2130
3.13
Bohorihat(ASM)
10.50
90.91
336.90
2700
2700
28.57
Jiaganj(WB)
10.30
-6.36
168.40
2340
2325
-
Banda(UP)
10.00
-25.93
713.00
2240
2240
2.75
Lalbagh(WB)
10.00
-4.76
244.30
3325
2325
47.78
Dibrugarh(ASM)
9.00
80
458.60
2250
2250
-
Dhekiajuli(ASM)
9.00
-25
1693.10
2300
2300
16.16
Raibareilly(UP)
8.50
NC
400.00
2080
2060
2.72
Chandoli(UP)
8.00
14.29
406.50
2020
2025
7.45
Mirzapur(UP)
8.00
33.33
1973.10
2035
2040
3.04
Sheoraphuly(WB)
8.00
14.29
626.15
2930
2930
17.20
Tamluk (Medinipur E)(WB)
8.00
NC
1396.00
2500
2500
8.70
Bolangir(Ori)
7.00
-6.67
516.40
2400
2400
9.09
Baruipur(Canning)(WB)
7.00
7.69
182.90
2600
2600
-7.14
Kolaghat(WB)
7.00
NC
1429.00
2500
2500
8.70
Chengannur(Ker)
6.50
NC
755.00
2500
2400
NC
Tusura(Ori)
6.50
8.33
487.00
2400
2300
9.09
Kalyanpur(Tri)
6.50
35.42
53.70
2800
2800
12.00
Muradabad(UP)
6.50
-7.14
27.00
2290
2280
-
Rampur(UP)
6.00
-76
1473.00
2635
2600
21.99
Khair(UP)
5.00
-16.67
245.00
2550
2440
18.06
Uluberia(WB)
5.00
-16.67
353.60
2450
2450
-2.00
Hailakandi(ASM)
4.00
-20
198.00
2200
2200
-18.52
Darjeeling(WB)
3.20
-8.57
218.90
2950
2950
5.36
Alibagh(Mah)
3.00
NC
219.00
4000
4000
14.29
Murud(Mah)
3.00
NC
303.00
3000
3000
9.09
Kendupatna(Ori)
3.00
87.5
163.30
2287
2200
23.09
Sirsaganj(UP)
2.50
NC
125.00
2230
2260
8.78
Lakhimpur(UP)
2.10
5
561.35
2150
2160
0.23
Arakalgud(Kar)
2.00
NC
63.00
2350
2400
-
Bishenpur(Man)
1.30
-7.14
36.90
2700
2700
12.50
Lamlong Bazaar(Man)
1.20
20
70.20
2700
3000
NC
Malur(Kar)
1.00
-66.67
21.00
3000
4000
-25.00
Aroor(Ker)
1.00
NC
215.70
7100
7100
-5.33
Shillong(Meh)
1.00
66.67
102.60
3700
3700
5.71


Shipment to China might start next quarter, says LT Foods

Speaking to CNBC-TV18, Ashwani Kumar Arora, CEO, MD & CFO of LT Foods said shipment to China might start in the next quarter. Ashwani Kumar Arora (more) CEO, MD & CFO, LT Foods | China has agreed to import basmati rice from 14 companies in India. Speaking to CNBC-TV18, Ashwani Kumar Arora, CEO, MD & CFO of LT Foods   said shipment to China might start in the next quarter. LT Foods is evaluating the opportunity to ship rice to China, said Arora. He further said that there is more opportunity for non-basmati rice with regard to exports. About eighty percent of company's revenues come from basmati rice, he added

Global rice market future could turn on weather event

Arkansas Rice 2016 and 2017 Situation and Outlook from presentation delivered by Dr. Bobby Coats at USA Rice Outlook Conference on Dec. 9














                                  
2016 Total Arkansas Rice: (Slides 2-6)
·         2016 total Arkansas rice harvested acres was 1,521,000 or 18 percent greater than 2015’s 1,286,000 harvested acres. The 2016 yield was 7,150-pounds or 159 bushels per acre. Arkansas all rice production or total rice production was 109-million cwt. the 4th largest on record. The previous 15-year average was 98.4-million cwt.
 2016 Arkansas Long Grain Rice: (Slides 7-10)
·         2016 Arkansas long rice harvested acres was 1,390,000, 17 percent above 2015’s 1,045,000 harvested acres. The previous five-year average was 1,068,000 acres.
·         The 2016 Arkansas long grain rice production is estimated at 99.4-million cwt. the 3rd largest on record.
·         The top four Arkansas long grain rice counties by harvested acreage are Poinsett County with 98,595; Jackson County 96,746; Cross County 91,957; and Lawrence County with 89,206 harvested acres.
 2016 Arkansas Medium Grain Rice: (Slides 11-14)
·         2016 Arkansas medium grain rice harvested acres was 130,000. The previous 14-year average was 163,000 acres.
·         The 2016 Arkansas medium grain rice production is estimated at 9.3-million cwt.
·         The top 3 Arkansas medium grain rice counties by harvested acreage are Poinsett County with 22,739; Jackson County 16,699; and Lawrence County, 15,764 harvested acres.
 2016/2017 Global Rice Market Challenges: (Slides 15-22)
Global supplies have exceeded demand for the current 10 marketing periods. Harvested acres are at record levels; yields are stable; production and consumption are the highest on record; global trade a little slow; and global stocks are slowly building. That said, a negative weather event or another anomaly event could easily move global production below consumption.
·         World rice harvested acres are the largest on record at 162.3 million hectares.
·         World rice yield has been at 4.4 metric tons per hectare for the current 5 production seasons.
·         World rice milled production at 483.8 million metric tons is the highest on record.
·         World rice total use at 478.8 million metric tons is the highest on record.
·         World rice production has exceeded consumption in the current 10 marketing periods.
·         World rice trade at 41 million metric tons is the 3rd highest on record, which in part reflects anemic global growth. That said global reflation is providing a bullish trade bias for 2017.
·         World rice ending stocks at 121.7 million metric tons is the highest since 2001/02 marketing period.
2016/2017 U.S. Long Grain Rice Market: (Slides 23-30)
U.S. rice harvested acres are estimated at 2,412,000 acres or 507,000 acres above the previous five years. 2016 long grain rice production then is estimated at 32-percent above 2015. This is significantly outpacing the present demand for U.S. long grain rice, which is why USDA has a 2016/17 price estimate range of $9.20 to $10.20 per cwt.  
·         2016 long grain rice harvested acres are estimated at 2,412,000 acres, 31 percent above 2015. The five-year average is 1,904,800 acres, the 10-year average is 2,120,300 acres and the 15-year average is 2,268,467 acres.
·         2016 long grain rice production is estimated at 176.1 million cwt., 32 percent above last year. The five- year average is 138 million cwt and 10-year average 147 million cwt.
·         2016/17 long grain rice total supply is estimated at 219 million cwt, 2nd largest on record, 22% above last year. The five-year average was 182 million cwt and 10 year average 189 million cwt.
·         2016/17 long grain rice total exports are estimated at 79 million cwt, 6th largest on record. The five-year average 70 million cwt and the 10-year average 72 million cwt.
·         2016/17 long grain rice total use is estimated at 182 million cwt., 2nd largest on record. The five-year average 159 million cwt and 10 year average 166 million cwt.
·         2016/17 long grain rice ending stocks are estimated at 37.2 million cwt the largest since 1985. The five-year average 22.3 million cwt and 10 year average 23.8 million cwt     
Macro Issues Key Driver of Market Price Activity
Present global intervention activities by Governments and Central Banks have been inadequate to overcome: (Slides 31-34)
·         Chronic global slow growth
·         Low to negative interest rates
·         Building debt
The expectation is that a continuation of current intervention policy would cause domestic and global chronic deflationary forces to remain dangerously problematic. The impact would be sustained chronic price weakness likely for equity and commodity prices; an expansion of negative interest rates globally; and debilitating global debt.     
“Transitional Reflationary Policy” by Governments’ and Central Banks’ Intervention
Global economic transition in reality has been underway throughout 2016. Simplistically the objective is to reflate the domestic and global economies and re-energize global growth, which in these current economic times is no small accomplishment if achieved.
The catalyst for the reflation activities is elevated levels of fiscal stimulus and Central Bank intervention activities. This should be:
·         Bearish bonds, utilities, etc.
·         Increasingly bullish many hard assets like stocks, commodities, land, etc.
·         Bonds appear to have topped with low yields at least for the next couple of years
·         Equities are the direct beneficiary of the bonds topping followed by commodities, land, fine arts, etc. new highs.
“Reflation” One Driver Lifting Global Markets and Commodity Prices
Near Term’s Reflation’s Impact on Select Markets (Slide 35)
Positive Impact on Rice, Cotton and Grain Prices
The strength or weakness in the following markets is positive for future rice, cotton and grain prices. 
·         $USD US Dollar Index – Cash Settle, Monthly Chart, 1997 to present, Slide 42
·         Without major global 2017 reflation efforts, dollar could surprise to the upside
·          
·         Light crude above 52.50 can move significantly higher
·          WTIC Light Crude Oil – Continuous Contract, Weekly Chart, Feb. 2014 to present, Chart 41
·          
·         Chronic global slow economic growth & over production produced anemic economic activity and commodity prices
·         Globally – Aggressive Government and Central Bank intervention required to elevate economic activity and commodity prices in the aggregate
·          $CRB Index, Commodity Index, Monthly Chart, 1997 to present, Slide 40
·          
·         More strength than weakness since January, 2016
·         Building momentum critically important for healthy commodity prices
·          EEM Emerging Markets, Weekly Chart, February, 2014, to present, Slide 39
·          
·         Slowly building economic momentum
·          EFA Global Equities – excluding U.S. and Canada, Weekly Chart, Feb. 2014 to present, Slide 38
·         Dow Jones Industrial Average, Weekly Chart, February 2014 to present, Slide 37
·         2017 expect more price strength than weakness
·         10 Year US Treasury Yield, Daily Chart, May 2016 to present, Slide 36
·         Bearish Bonds
·         Yields have risen from the July low 1.34 to 2.45
·         Near term low in place
·         $SOYB – Soybeans, Continuous Contract, Weekly Chart, 2014 to present, Slide 43
·         Geopolitical uncertainty a factor contributing to lift in some commodity prices
·         Near-term neutral
·         Weakness to previous low a possibility
·         2017 will have pricing opportunities
·          $Corn – Corn - Continuous Contract, Weekly Chart, 2014 to present, Slide 44
·          
·         Geopolitical uncertainty a factor contributing to some commodity price support
·         Near term neutral
·         Remain concerned about price weakness
·         2017 will have pricing opportunities
·          $Wheat – Wheat - Continuous Contract, Weekly Chart, 2014 to present, Slide 45
·          
·         Bottoming process
·         2017 will have pricing opportunities
·          Rough Rice - January 17 (ZRF17), Monthly Chart, 2006 to present, Slide 46
·          
·         Global slow growth have countries’ food security conscious contributing to excess production and price weakness
·         Reflation should start working as a factor in the favor of higher rice prices
·         Domestically and globally over supply remains problematic
·         Overplanting accompanied with a favorable global weather in 2017 would be problematic
 Weather Unknowns: In 2017, what are the global impacts of La Nina and other possible anomaly events? They probably provide some price support. Slide 47
 Bobby Coats is Professor, Department of Agricultural Economics and Agribusiness, University of Arkansas System, Division of Agriculture.
http://www.deltafarmpress.com/rice/global-rice-market-future-could-turn-weather-event

Possible local twist as plastic rice probe deepens

BY: LOOP NEWS
09:05, December 13, 2016
A senior officer of Jamaica Customs has raised the possibility that if plastic rice is indeed on the local market, its presence could be from local manufacturing.
In addressing a press conference in Kingston on Monday, in response to assertions of the presence of the plastic rice, Karlene Henry, Deputy Chief Executive Officer (CEO) of Operations at Jamaica Custom, made the local call.“If there is plastic rice (in Jamaica), it can be made here,” she told journalists at the press conference.Confirmation is yet to come of the presence of commercial quantities of the fake rice, as the relevant authorities conduct testing to bring clarity to the situation.Of added concern is that Jamaica Customs has indicated that if the plastic rice has been smuggled into the island, it will be difficult for the agency to track the source of the commodity.This is because Jamaica presently imports rice from eight countries, namely the USA, Trinidad and Tobago, Guyana, Vietnam, India, Thailand, Suriname and China.
A temporary ban has been placed on the clearance of rice at all ports of entry, this after reports emerged of the plastic rice having been found in the parish of Manchester.The Jamaica Customs representative said the Bureau of Standards Jamaica (BSJ) and the Food Storage and Prevention of Infestation Division of the Ministry of Industry, Commerce, Agriculture and Fisheries, are preparing to test samples of rice across the island.
http://www.loopjamaica.com/content/possible-local-twist-plastic-rice-probe-deepens




Philippines approves rice trader imports of 641,080 T, below quota

Posted at Dec 14 2016 12:38 PM

MANILA - The Philippines' state grains agency has approved permits for local rice traders to import 641,080 tons of the staple grain from Thailand, Vietnam, Pakistan and India, it said in a notice posted on its website on Wednesday.The approved imports, which must be brought in by Feb. 28, 2017, account for 80 percent of the maximum volume of 805,200 tons that private traders are allowed to bring in under an annual country-specific quota scheme.

Private traders will import 284,780 tons of rice from Thailand; 294,020 tons from Vietnam; 56,140 tons from Pakistan; and 6,140 tons from India, the National Food Authority (NFA) said after evaluating all applications.The shipments will boost the rice supply in the country, which has remained ample this year thanks to the NFA's rice imports in 2015 and in recent months.The NFA has a stand-by authority to import another 250,000 tons of rice in addition to the 250,000 tons it bought in August from Vietnam and Thailand.Fresh demand from the Philippines, one of the world's biggest rice buyers, could underpin export prices particularly in Vietnam and Thailand, traditionally its main suppliers.Rice export prices in India and Vietnam weakened last week on thin demand, but still failed to attract buyers, while prices rose slightly in Thailand amid a slowing harvest.

http://news.abs-cbn.com/news/12/09/16/bus-going-to-el-nido-palawan-falls-into-rice-field-11-injured




Korea Donates Milling Complex Worth $1.6M To Nigeria

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The Republic of Korea, through its agency, Korea International Cooperation Agency (KOICA) donated a modern integrated rice milling facility, constructed in Bida to Niger State government recently.According to the Country Director Mrs Park, the project started in 2008, and has the capacity of processing 1.5 tonnes of rice per hour (1.5t/h) with parboiling, drying, sorting and packaging facilities, which can be increased to 3.0t/h.Delivering a speech at the occasion the Korean Ambassador to Nigeria HE Noh Kyu-duk, stated that the project was part of South Korea’s effort in assisting Nigeria in its effort to diversify the economy, with Agriculture playing an important role.

According to statistics, Nigeria is presently producing approximately 5 Million tonnes of rice annually and imports about 3 million tonnes of it to meet demands.An estimated N356 billion is spent on rice importation in Nigeria yearly, making the country rank among the top 12 rice consuming countries in the world.It is anticipated that the facility will not only assist the local rice farmer and millers in Bida, and boost creation of jobs for thousands of unemployed youths, but will also contribute towards assisting Nigeria become self-sufficient in rice production. Furthermore, it will bring an end to the importation of rice from other rice-producing countries.

Major stakeholders of the project namely, Federal Ministry of Agriculture and Niger State Agricultural Mechanisation Agency (NAMDA) were fully involved in the implementation of the project, and would also be managing it.The handover ceremony which took place in Bida, on the 8th of December 2016, had dignitaries and members of the diplomatic corps present, namely; the Etsu Nupe of Bida, HRH Yahaya Abubakar, H E the governor of Niger State, Abubakar Sani Bello, Ambassador of the Republic of Korea Mr. Noh Kyu-duk, Country Director of KOICA, Mrs Sook Hyun Park, Commissioner of Agriculture Niger State, Abdullahi Aliyu among others

https://leadership.ng/news/cover-stories/563954/korea-donates-milling-complex-worth-1-6m-to-nigeria


No takers for fine quality rice

By Our Bureau | THE HANS INDIA |    Dec 15,2016 , 03:40 AM IST
      


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Warangal: With the harvested paddy still in fields and no miller coming forward to purchase fine quality paddy, the fate of farmers appears to be in limbo.Adding more woes to their misery was the prevailing overcast conditions in the region - courtesy the low pressure caused by the Cyclone Vardah, which is threatening to spoil the crop in the fields.Despite a good harvest this season, farmers in the region continue to face problems. The farmers, who were already hit by the demonetisation effect, now face another hurdle with the millers turning their back to purchase the fine quality paddy.The advent of new paddy culture varieties that withstand drought and give good yield has prompted the farmers to go for fine quality paddy cultivation. Compared to previous years, cultivation of fine quality paddy is increased by at least 15 per cent.

For its mid-day meals and welfare hostels’ requirement, the State government entered into a MoU with rice millers to procure 1.20 lakh metric tonnes of fine rice. As per the MoU, millers had to procure fine quality paddy (BPT-5204, Sona Masuri and Vijaya Masuri) at Rs 1,800 per quintal from farmers. The MoU also envisages millers to maintain proper data of the procurement in a bid to avoid dumping of low quality paddy from other States.While the State government claims that it had made all arrangements for the procurement of paddy, there is a growing discontent among farmers in Bhupalpally, Khammam, Jogulamba and Nirmal districts with the millers not coming forward to purchase citing that it would spell doom for them.Speaking to The Hans India, Telangana Civil Supplies Cchairman Peddi Sudarshan Reddy said: “Although the Centre’s support price is Rs 1,510 per quintal for A Grade paddy and Rs 1,470 per quintal for common variety, the State had told the rice millers to procure at Rs 1,800 per quintal of fine quality paddy to help the farmers.”

With an increase in fine quality paddy production in the State, rice millers in some places are not coming forward to purchase the produce at Rs 1,800 per quintal as per the MoU, he said.  Referring to the rain threat due to the low pressure caused by the Cyclone Vardah, Guduru Ravinder, a farmer from Kamalapuram mandal in Warangal Urban district, thanked the God for it did not rain on Wednesday as all the farmers’ produce was in the field. He said that millers were offering them just around Rs 1,500 a quintal.Telangana Rythu Sangham State Joint Secretary Nunna Nageswara Rao said: “With the farmers having no option to sell their produce elsewhere, the responsibility is on the State to procure entire produce.”


Adepu Mahender
http://www.thehansindia.com/posts/index/Telangana/2016-12-15/No-takers-for-fine-quality-rice/268788


Mexican market is a golden opportunity for rice farmers



 December 14, 2016
Dear Editor,

Berbice rice farmers have a golden opportunity to capitalize on the Mexican market according to Mexico Ambassador Ivan Roberto Sierra-Medel. Guyana has been expanding its rice and paddy production and export levels with the assurance of both the PPP/C and APNU+AFC governments of securing good markets. However, recent changes in Venezuela have ended Guyana’s preferential access to the Venezuelan market with its good prices.

It is still too early to make a definitive forecast as to what the Mexicans will offer for a tonne of rice and paddy. Mexico is the second largest importer of rice following Japan. The Ambassador told the rice farmers that there is a big market for their rice and paddy if they can gain a foothold in it. This is an important breakthrough for the Berbice rice farmers and the rice industry as a whole as Guyana seeks to export rice and paddy to non-traditional markets.

Furthermore, the Mexican market should be outlined in the strategic plan, and this opportunity couldn’t come at a better time. I am sure that if the farmers meet the high standards and the requirements of the Mexican rice and paddy market, the quota will increase. The farmers and rice millers can negotiate for a waiver on CXT when they export a maximum of 20,000 metric tonnes of rice and paddy per year for the duration of the contracts. hey can also ask for a waiver of the Merchant Marine Tax, which will help with the cost of the freight.These concessions can be granted in good faith; the bottom line for the farmers to capture the paddy market is that they have to dry, clean and store it until there is a shipment. This will be difficult for them since they do not have the equipment and the facility to store the grain. They will have to work through the millers and a farmers group to get this done, although from my experience when this happens the ordinary rice farmers tend to lose. When there is an increase in the price for both commodities, the increase does not filter down to the farmers, and the millers and farmers group make most of the money.

For there to be a level playing field the Minister of Agriculture will have to put protection in place. What the farmers need is a situation where everyone will be adequately compensated for their hard work and their efforts in their drive to develop the industry. Kudos must be given to the Prime Minister Moses Nagamootoo and Mr Gobin Harbajan, who arranged for the Ambassador to meet with the Berbice rice farmers. Let’s not waste this magnificent opportunity, but rather work assiduously to make our mark in their marketplace.
Yours faithfully,
Mohamed Khanhttps://www.stabroeknews.com/2016/opinion/letters/12/14/mexican-market-golden-opportunity-rice-farmers/




Rice Infrastructure Bids Sought

The Rural Development Bank (RDB) has called for expressions of interest to develop and operate a 200,000 ton rice warehouse and a rice paddy drying facility. The drying facility would have the capacity to process 3,000 tons per day.The government is seeking to finance additional agricultural infrastructure to address a shortage of storage and drying facilities.The bank said the improved infrastructure was needed to make the rice sector more efficient and support farmers under a public private partnership model. RDB CEO Kao Thach told Khmer Times yesterday the government has about $15 million to build the warehouse and drying facility in Battambang province, the country’s biggest rice-producing province.  
The bank said the bidders’ proposals will be evaluated on criteria such as being a registered Cambodian business, a strong proven track record of operating rice milling and storage and stock management facilities, strong track record of building and managing relationships with farmer organizations in Battambang, and ability to provide suitable land to locate the development of the facilities. The land must be a minimum 10 hectares. Phou Puy, president of the Green Rice Miller in Battambang and chairman of the Rice Bank, told Khmer Times that it would be an important solution to have a big rice storage warehouse and paddy drying facility in Battambang.

He said it was needed by the rice sector in Cambodia and would help millers and exporters with capacity shortages at harvest season. “If there is big rice storage warehouse and paddy drying facility, it will help both farmers and rice millers and rice exporters,” added Mr. Phou Puy.“Currently, the biggest paddy drying facilities are 800 and 500 tons, and smallest 40 tons per day. “The biggest rice warehouse capacity is 50,000 tons and the smallest 2,000 tons,” said Mr. Phou Puy who has shown interest in bidding to build the facilities. The bank said project proposals and a detailed business plan including financial and technical proposals are to be submitted by the end of the month.The independent Mekong Strategic Partners will review the bids and send a shortlist to the RDB board of directors for final selection.
http://www.khmertimeskh.com/news/33165/rice-infrastructure-bids-sought/



Experts call for reducing rice exports
The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association.


Speaking at a seminar in HCM City on December 13, Huynh The Nang, its chairman, said Viet Nam has exported 4.5 million tonnes of the grain so far this year, a year-on-year decrease of 25 per cent.Exporters are facing challenges in the form of increasing supply and competition from traditional and emerging rice export countries like Thailand, India, Pakistan and Myanmar, he said.Besides, major importing countries like the Philippines, Malaysia and China are increasing production to reduce imports and enhancing quality control of imports, he said.For instance, China, the biggest importer and not a fastidious market, recently tightened its quarantine policy for Vietnamese rice, he said.Drought and saltwater intrusion have seriously affected rice production in the Cuu Long (Mekong) Delta, the country’s granary, with output in the 2015-16 winter-spring rice crop falling by over a million tonnes, he said.

With the increasing construction of hydropower dams in the upstream of the Mekong River, the delta faces a possible threat of lack of water for rice cultivation, he said.“All these force us to seek measures to resolve the problem as well as make our rice production more sustainable.”The sector must be restructured to grow high-quality varieties and pay more attention on improving quality to meet the market’s demand, he said.Areas seriously affected by climate change should switch to crops that can cope with climate change and are in demand, he said.

He suggested cutting exports to 3-4 million tonnes of high-quality rice a year until 2020, and 2-3 million tonnes a year after that instead of growing in large quantities and struggling to find buyers.Pham Thai Binh, director of Can Tho-based Trung An Co., Ltd, a large rice exporter, said to expand the export market Vietnamese rice must be tasty, safe and cheap.

Consumers both at home and abroad are becoming more and more aware of what they eat and are willing to pay more for safe products, he said.To ensure the three competitive factors, farmers and businesses must join hands to create large-scale rice fields, apply modern farming techniques and mechanise production, he said.Delegates at the seminar agreed that Viet Nam must focus on building rice brands.Deputy Minister of Industry and Trade Tran Quoc Khanh said, “We export rice for more than 30 years but many shortcomings still remain in our production and export, Viet Nam’s rice brand has not got a foothold in the world market.“We need to build Viet Nam’s rice image by developing a national rice brand.”The country needs to make global consumers feel it grows rice following high standards and completely trust the quality of Vietnamese rice, he said.To do that, the sector must review zoning plans and what varieties are being grown, he said, adding that cultivation must be based on market demand rather than farmers growing first and then thinking about exports

http://english.vietnamnet.vn/fms/business/169549/experts-call-for-reducing-rice-exports.html





NFA okays limited private rice import

December 15, 2016
The  National Food Authority has  approved permits for local rice traders to import 641,080 tons of the staple grain from Thailand, Vietnam, Pakistan and India, it said in a notice posted on its website yesterday.The approved imports, which must be brought in by Feb. 28, 2017, account for 80 percent of the maximum volume of 805,200 tons that private traders are allowed to bring in under an annual country-specific quota scheme.Private traders will import 284,780 tons of rice from Thailand; 294,020 tons from Vietnam; 56,140 tons from Pakistan; and 6,140 tons from India, NFA said after evaluating all applications.

The shipments will boost the rice supply in the country, which has remained ample this year thanks to the NFA’s rice imports in 2015 and in recent months.The NFA has a stand-by authority to import another 250,000 tons of rice in addition to the 250,000 tons it bought in August from Vietnam and Thailand.Fresh demand from the Philippines, one of the world’s biggest rice buyers, could underpin export prices particularly in Vietnam and Thailand, traditionally its main suppliers.Rice export prices in India and Vietnam weakened last week on thin demand, but still failed to attract buyers, while prices rose slightly in Thailand amid a slowing harvest. – Reuters
http://malaya.com.ph/business-news/business/nfa-okays-limited-private-rice-import





What Plastic Rice? Minister Says No Evidence of Fake Rice on Jamaica Market

CARIBBEAN360DECEMBER 14, 2016




KINGSTON, Jamaica, Wednesday December 14, 2016 – Rice imports from Guyana and Suriname will now be allowed into Jamaica, after the Jamaica Customs Agency (JCA) temporarily halted the clearance of rice at all ports of entry over reports that plastic rice had entered the local market.
On Monday, the JCA stopped the shipments and met with the relevant regulatory agencies, including the Bureau of Standards (BSJ), the Ministry of Commerce, Industry and Fisheries, the Ministry of Health, and the Jamaica Constabulary Force (JCF), to verify whether the artificial rice was in fact in the country.
The concern was triggered by a Television Jamaica report on Sunday, showing a woman cooking the product.
However, Minister of Industry, Commerce, Agriculture and Fisheries Karl Samuda said yesterday there was no evidence of plastic rice in samples tested by the BSJ.
“The BSJ was provided with samples… and, so far, I can assure the people of Jamaica that there is absolutely no evidence of any contamination of plastic within the samples tested,” he said.
MINISTER OF INDUSTRY, COMMERCE, AGRICULTURE AND FISHERIES KARL SAMUDA
The minister said more samples will be taken from across the country to be tested and the BSJ had been asked to conduct island wide investigations into the source of all rice now in supermarkets.
According to the Jamaica Observer, Jamaica imports rice from Trinidad and Tobago, Vietnam, India, United States, Guyana, Thailand, China, and Suriname.
Samuda said yesterday that rice originating from Guyana and Suriname would be cleared to enter the island.
“The reason for this is very simple: Guyana and Suriname are considered to be a part of our domestic market. They are members of CARICOM and we have never had incidents of any kind of contamination or otherwise. So, there is no justifiable reason for us to hold those shipments of rice,” he explained.
Meanwhile, the minister expressed concern about the importation of rice from sections of the Far East.
“In three instances, we have been advised of fake labeling, and we are in the process now of confirming the allegations. We have to be very certain of the source of food that enters this country,” he said
http://www.caribbean360.com/news/plastic-rice-fears-prompt-block-rice-imports-jamaica-minister-says-no-evidence-found

Rice scrips gain as China opens market

 

The share price of Kohinoor jumped 14.6% to Rs 72.85 while that of Chamanlal Setia rose by 6.1% to Rs 74.2

Dilip Kumar Jha  |  Mumbai December 15, 2016 Last Updated at 03:49 IST
Shares of rice companies, led by Kohinoor Foods, surged on Wednesday, after estimates of a sharp increase in basmati export this year from the opening of Chinese markets.  The share price of Kohinoor jumped 14.6 per cent to Rs 72.85; that of Chamanlal Setia rose by 6.1 per cent to Rs 74.2. Leading branded basmati producer LT Foods rose 2.6 per cent to Rs 282.3. Non-basmati producer Usher Agro saw a 4.7 per cent jump to Rs 13.3. “We would send our team soon to discuss the possibility of rice importers in China. If possible, we would appoint local distributors 
http://www.business-standard.com/article/specials/rice-scrips-gain-as-china-opens-market-116121400902_1.html



2016 USA Rice Outlook Conference Highlights  

Rice in space
MEMPHIS, TN -- Welcoming everyone to the 2016 USA Rice Outlook Conference last week, host-state representative and Mississippi rice farmer Kirk Satterfield explained, "The conference has grown so much and is still growing that we had to move to Memphis to find a venue big enough to accommodate all the attendees and exhibits.  We certainly appreciate the level of participation."

USA Rice Chairman Brian King echoed that sentiment:  "It's encouraging to see so many in the industry come out - it shows we're on the right track and offering good value to our customers.  Attendance this year was close to 800 and I attribute that statistic to excellent programming - from exciting keynote speakers like NASA Astronaut Michael Massimino, Ambassador to Iraq Stuart Jones, and crowd-favorite 2017 Miss America Savvy Shields - to the new Innovation Stage, centrally located in the Exhibit Hall that was bursting at the seams with 59 exhibitors." 

"Moving the New Products & Technology seminar to the Innovation Stage concept in the middle of the Exhibit Hall fostered more interaction between members and exhibitors," said USA Rice President & CEO Betsy Ward.  "We really appreciate all of our exhibitors and sponsors for their support and are always looking for ways to help them promote their products and services."

There She Is...talking rice
Ward also said the Annual Rice Awards Luncheon was a conference highlight.  "Attendees heard moving speeches from the award winners, got to meet the 2017/19 Rice Leadership Development Program class, and see the winning entry in the first ever National Rice Month Scholarship video contest," she said.

Between traditional program offerings like state outlook and rice research reports from all six major rice-producing states, USA Rice showcased several videos, including the P.F. Chang's Farm-to-Wok video featuring Arkansas rice farmers Jennifer James and Dow Brantley that captures the artistry of rice farming and tells the story of the U.S.-grown grain.  

This year's conference included two panels focusing on conservation and sustainability practices in the rice industry that was moderated by outgoing Chief of the USDA's Natural Resources Conservation Service (NRCS) Jason Weller who spoke eloquently about the importance of industries telling their stories. (click here to see his full remarks)

"In my view, production agriculture is sustainable agriculture, full stop," Chief Weller said in touching closing remarks.  "You guys need to stand up and be proud of what you do, you need to advocate for what you do, and you need to do it in a way that connects with people who aren't familiar with production agriculture."

NRCS Chief Jason Weller - proud partner
Weller said he figured this would be his last public appearance as NRCS Chief, at least before a commodity group, and he had the date circled on his calendar for some time.

"I am so proud of the partnership NRCS has with the rice industry and I wanted to be here personally to thank you all for your commitment to being partners with us to invest in conservation and really be national leaders - not just regional or local leaders - but national leaders in production agriculture."

"Add up all the good information from the sessions and exhibits, plus getting to see an astronaut and Miss America in the same conference, and you're getting your money's worth," concluded Satterfield.

The Outlook conference is the largest annual rice-specific gathering in North America and is an educational service of USA Rice.  Next year's conference is scheduled for December 10-12 in San Antonio, Texas.



Certification for low glycemic index rice soon

THE HANS INDIA |    Dec 15,2016 , 04:15 AM IST
      



Hyderabad: With a little experience and expertise, consumers may perhaps be able to make out the difference between high-quality and low-quality rice just by its appearance or physical attributes. However, it is difficult for anyone to discern the intrinsic qualities and properties just from the external appearance. For instance, consumers can pick and choose the most palatable variety, when it comes to health-related rice with low-glycemic index value we have to rely solely on information printed on the package or that given by the traders. Low-index glycemic rice varieties which is considered as a healthy option for persons with Type 2 diabetes and a host of other conditions, is fast becoming a hot favourite among consumers in India and abroad.

Glycemic index comprises a set of parameters based on the duration for rice to be digested. Low-index rice is considered ideal because of long time it takes to be digested accompanied by slow and controllable rise of blood sugar and insulin levels. Preference for this variety has gained momentum because of its ‘good’ carbohydrate and slow digestion characteristics.

Millers and traders who could envision some fast bucks come their way are capitalizing on the high demand are branding fake varieties as low index glycemic rice and pushing them into the markets. Millers are also exploiting the rice farmers those who are not aware of the true value of this variety by procuring this variety at a cheap price.

Hyderabad-based Indian Institute of Rice Research (IIRR) which was instrumental in identifying three rice varieties with low glycemic index - Lalat (GIS.17), BPT 5204 (GIQ.42) and Sampada (GIQ) for the first time in India is now initiating a series of fool-proof measures which may in the near future ensure consumers the original variety and farmers the best price.

Dr Ravindra Babu, Director, IIRR informed The Hans India that the Institute was entering into a tripartite agreement with ANGRAU and the millers to ensure that consumers get the original varieties and farmers the original seeds.    

“The certification for these varieties will be done by IIRR and the ANGRAU. We are also putting a cap on prices so that the miller cannot sell at his own price. The IIRR has directed the millers to supply only the pure varieties. We are also signing a MoU with the miller so that we can identify the farmers who are supplying the low glycemic index rice.

The millers will be asked to come to the location where this variety is being cultivated. The Institute has also developed DNA markers for identification of low glycemic index rice. After identifying the variety we are asking the millers to pay the farmers a higher price,” he said adding that IIRR will on its part certify that the rice procured by the miller is the genuine low glycemic variety.

The IIRR has also asked the miller to allot exclusive mill for these low glycemic varieties so that there is no mixing with other varieties. “Through these measures we can monitor the rice at every stage, from the field to the packaging level. This will also ensure that consumers get the original rice at the right price,” he said.

Low glycemic index variety is grown on a cumulative 50 lakh acres in more than 10 states in India, including Andhra Pradesh where the cropped area for this variety is around 2 lakh acres. Presently, the output of this variety is 3,000 tonnes per hectare. Apart from the domestic demand, low glycemic rice has substantial exports, next only to basmati rice. There is a huge market for this variety, but the potential can be tapped only by ensuring the original variety.
http://www.thehansindia.com/posts/index/Telangana/2016-12-15/Certification-for-low-glycemic-index-rice-soon/268811


Japan rice exports soar to record year

December 15, 2016 3:50 am JST
But surging overseas sales don't offset falling demand at home
TOKYO -- Japan's rice exports through October have already surpassed its previous annual record, helped by producers' marketing efforts and an Asian investment by a major distributor.
Export volume excluding rice for humanitarian aid grew 33% on the year to 7,673 tons in January-October. Even without the two last months of the year, that already exceeds 2015's record 7,640 tons.
In November, Yumepirika brand rice from Hokkaido debuted in high-end supermarkets in Shanghai, a result of a sales campaign led by the Japanese locality's governor, Harumi Takahashi. The rice distributor involved in the deal, Kitoku Shinryo, aims to boost exports from the current 1,000 or so tons per year to 3,000 tons around 2020.
Also promoting rice production in Southeast Asia, Kitoku Shinryo recently invested in a Vietnamese food-related company. It hopes to expand its planting acreage in hopes of setting up a foothold in the country for rice milling and sales.
Consumers found Japanese rice tasty after milling was moved closer to local markets, said Dennis Wu of Aji-No-Chinmi, a Hong Kong trading house specializing in Japanese food. The popularity of Japanese rice apparently started to grow around 2012, when agricultural machinery maker Kubotabegan building logistical networks to mill rice in Hong Kong and Singapore.
Still, Japan's domestic demand, which amounted to 7.66 million tons from July 2015 to June 2016, is falling by 80,000 tons a year -- and the record exports aren't close to offsetting the drop. High prices are the main obstacle to more overseas sales. At stores in Hong Kong, Japanese rice costs from 130 Hong Kong dollars to HK$140 ($16.7 to $18) for 2kg-- triple or quadruple the price for Chinese rice, according to Wu.
But some are taking advantage of the high prices. Rice milling machinery maker and retailer Toyo Rice began selling the world's most expensive rice, certified by the Guinness World Records. The product, an original blend of several varieties, is priced at 11,304 yen ($97.96) per kilo, about 30 times the cost of the commonly eaten Koshihikari variety. The Guinness certification eliminates the need to explain the high prices in selling the rice to wealthy consumers overseas.
Only 120kg of the luxurious variety were made available in Hong Kong, and the rice apparently flew off the shelves. There are plans to increase export volume of the elite product, depending on next year's harvest.
(Nikkei)
http://asia.nikkei.com/Markets/Commodities/Japan-rice-exports-soar-to-record-year



Rice scrips gain as China opens market

 

The share price of Kohinoor jumped 14.6% to Rs 72.85 while that of Chamanlal Setia rose by 6.1% to Rs 74.2

Dilip Kumar Jha  |  Mumbai December 15, 2016 Last Updated at 03:49 IST
Shares of rice companies, led by Kohinoor Foods, surged on Wednesday, after estimates of a sharp increase in basmati export this year from the opening of Chinese markets.  The share price of Kohinoor jumped 14.6 per cent to Rs 72.85; that of Chamanlal Setia rose by 6.1 per cent to Rs 74.2. Leading branded basmati producer LT Foods rose 2.6 per cent to Rs 282.3. Non-basmati producer Usher Agro saw a 4.7 per cent jump to Rs 13.3. “We would send our team soon to discuss the possibility of rice importers in China. If possible, we would appoint local distributors ...
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Business Standard





Asia rice-limited supply raises Vietnam prices; Thai, India down on thin demand

14 December, 2016
By My Pham, Patpicha Tanakasempipat and Rajendra Jadhav 

HANOI, Dec 14 (Reuters) - Rice export prices in India and Thailand dropped this week on thin demand while prices edged up in Vietnam on Philippines' purchase plan amid a slowing harvest, traders said on Wednesday. 
Vietnam's 5-percent broken rice prices edged up to $338-$340 a tonne, FOB basis, from $335-$340 a week ago, traders said. "Prices recovered a little after Philippines' plan to buy rice from Vietnam," a trader in Ho Chi Minh said. "Bad weather also slowed down the harvest, which slightly tightened supply," he added. 

The Philippines' state grains agency approved permits for local rice traders to import 294,020 tonnes of the staple from Vietnam and 347,060 tonnes from Thailand, Pakistan and India. 

Meanwhile, in India, the world's biggest rice exporter, 5-percent broken parboiled rice prices dropped $3 per tonne this week to $344 to $348 per tonne, free-on-board (FOB) basis, as demand remained weak and supply levels improved. 

"Supplies from the summer-sown crop have been rising but demand is still weak," said an exporter based at Kakinada in southern Indian state of Andhra Pradesh. He said local prices could correct further in the coming weeks due to rising supplies, adding that they have to become competitive to secure new export orders. Supplies were affected in the last few weeks due to a currency crunch, but they are now rising in all key producing states, exporters said. 

Trading of farm commodities such as cotton, rice and soybean was disrupted after Prime Minister Narendra Modi scrapped 500 rupee and 1,000 rupee bills to crack down on corruption last month. India's summer-sown rice output is seen at a record 93.88 million tonnes in the crop year to June 2017, 2.81 percent higher than last year, as plentiful monsoon rains help boost yields after back-to-back drought years, the farm ministry said. 
Likewise, Thailand's benchmark 5-percent broken rice prices also edged down to $355-$360 a tonne on Wednesday, FOB basis, from $360-$365 last week due to quiet market. "There's no buyers, so prices drop a little," a trader in Bangkok said. "But when an order comes in, prices will jump again," he added. 

Thailand will be harvesting new supply in a month in the central region, which might affect prices, another said. 
However, the Philippines' plan to import 284,780 tonnes of rice from Thailand will hold up prices, he added. (Reporting by My Pham in HANOI, Patpicha Tanakasempipat in BANGKOK and Rajendra Jadhav in MUMBAI, writing by My Pham, editing by David Evans) ((my.pham@tr.com; +844 3825 9623; Reuters Messaging: my.pham.thomsonreuters.com@reuters.net))








South and Central Texas farmers saw multiple challenges in 2016

Ron Smith 1 | Dec 14, 2016
      
Some interesting things happened on South and Central Texas farms last spring and summer—many of them not particularly positive.Crop consultants offered up news of the weird, the depressing and the hopeful at the recent Texas Plant Protection Association’s annual conference in Bryan.Darrin Biediger, a consultant with STX Management, Portland, Texas, offered a “strange but true” account of multiple-eared corn. He explains that Winter Garden farmers often plant a late corn crop, following wheat, vegetables or a hail storm. Typical planting date is July 20, but in recent years producers have pushed that date back into early July or late June, hoping to harvest in late October instead of January or February. They want the extra time for field prep for next season’s crop.
Last summer Biediger pulled some roasting ears in late August and discovered a few days later that the field was showing signs of stress—purpling leaves, and ears sprouting additional ears.The main ear had died, he says, just days after he had collected those roasting ears. Kernels were aborting, and the plant tried to overcome the loss by pushing out new ears. Losing a corn crop to aborted kernels that late is unusual. “The chance of losing a kernel at the milk stage is about 1 percent,” he says. “The chance of losing an ear is ‘it doesn’t happen.
http://www.southwestfarmpress.com/cotton/south-and-central-texas-farmers-saw-multiple-challenges-2016

Rice inventory up 6.28% in November–PSA


In File Photo: A farmer uses a small-power tiller to harrow his field in Ilocos Sur prior to planting rice for the next cropping season.The country’s rice inventory as of November 1 reached 3.30 million metric tons (MMT), 6.28 percent higher than the 3.11 MMT recorded a year ago, according to the latest data from the Philippine Statistics Authority (PSA).In its monthly report, titled “Rice and Corn Stocks Inventory,” the PSA said the November figure was 44.42 percent higher than October’s inventory level of 2.29 MMT.“The total rice inventory for this month would be sufficient for 97 days,” the PSA report read.“Stocks in the households would be enough for 49 days, those in commercial warehouses for 32 days, and those in NFA [National Food Authority] depositories for 16 days,” it added.
Of the rice inventory as of November 1, the PSA said 50.80 percent were with the households, 32.67 percent in commercial warehouses and 16.53 percent in NFA depositories. The majority, or 79.56 percent, of NFA stocks consisted of imported rice.PSA data showed that NFA stocks during the period reached 545,990 MT, while commercial warehouses accounted for 1.078 MMT. Rice in households reached 1.677 MMT.
“Year-on-year, rice stocks in the households and in commercial warehouses grew by 10.59 percent and 22.30 percent, respectively. However, stocks in NFA depositories dropped by 22.92 percent,” the report read. On a monthly basis, rice stocks in households and commercial warehouses were higher compared with those in October. The PSA said stocks in the households expanded 69.32 percent, while commercial warehouses grew by 36.92 percent. Stocks in NFA depositories decreased by 7.49 percent.
The PSA data also showed that the country’s corn inventory in November reached 604,790 MT, more than double, or 102.84 percent higher, than the 298,160 MT recorded a year ago. The November corn-stock inventory is 11.21 percent higher than the October inventory level of 543,850 MT.“Compared with last year, corn stocks in the households and in commercial warehouses increased by 69.65 percent and 122.47 percent, respectively. On the other hand, stocks in NFA depositories decreased by 34.77 percent,” the report read.
The PSA said 69.73 percent of total corn-stock inventory in November were in commercial warehouses, while 30.15 percent were held by households. Corn in commercial warehouses reached 421,730 MT, stocks in households accounted for 182,330 MT of the total inventory, while corn stored in NFA warehouses amounted to only 730 MT.
“Compared with last month, stocks in commercial warehouses and in NFA depositories grew by 69.41 percent and 190.40 percent, respectively. However, stocks in the households dropped by 38.12 percent,” the PSA said

Rice industry should reduce output, increase quality: deputy minister
                          


Deputy Minister of Industry and Trade Tran Quoc Khanh said that four million ton rice export a year with high prices would be better than low price export of 6-7 million tons, at a workshop in HCMC on December 13.He said that rice production thought need be changed by improving quality instead of running after quantity. Farmers just cultivate two instead of 3-4 crops a year.Formerly, chairman of the Vietnam Food Association Huynh The Nang said that the world market has been on the trend of high quality rice and competitive prices as the number of supply countries has been increasing.Meantime, import countries such as the Philippines, Malaysia and China have trended towards developing domestic production and cutting import output.Vietnam’s rice export value has reduced for five years in a row since 2012 although volume saw year on year increase in 2012 and 2015. Therefore, output should reduce to 3-4 million tons a year by 2020 and 2-3 million tons after 2020.

Rice bags are transported on board for export in the Mekong Delta (Photo: SGGP)


Market for milled rice considered

NEWSPAPER SECTION:
A farmer sells rice at Or Tor Kor Market, a space offered to growers for selling the grain directly to customers. The government is considering developing a central market as a distribution channel for farmers and traders. WICHAN CHAROENKIATPAKUL
The government is considering setting up a central market for milled rice as another distribution channel for rice traders and farmers.Commerce Minister Apiradi Tantraporn said the country has no central market for trading milled rice despite the fact that Thailand is a leading producer and exporter, averaging 20 million tonnes of milled rice a year.She noted the example of the Sanyanqiao Grain and Oil Wholesale Market, a large-scale central market for cereals in Guangdong province, China, operated by the Guangtie Sanyanqiao Grain Goods Yard.
The Guangdong market spans 100,000 square metres, handling trading services for 2.5 million tonnes of cereals a year.Mrs Apiradi said the Commerce Ministry would soon invite all related stakeholders including exporters, millers, farmers and state officials to discuss the possibility of setting up such a central market for milled rice in Thailand.If the idea is received positively, she said the ministry would further pursue an investment format, management structure, a proper location, logistics development and a payment system."We hope the new central market for milled rice will enable exporters, millers and farmers to directly meet with potential buyers," said Mrs Apiradi. "The central market will also require rice quality inspection, helping ensure transparency in trading."
Currently, Thailand only has a central market for rice paddy.Mrs Apiradi said the presence of a central market for milled rice will further help strengthen the local economy as ambitiously planned by the government.The cabinet last week gave the nod to the Budget Bureau's proposal to earmark additional mid-year funds for fiscal 2017 worth 190 billion baht.According to Budget Bureau director-general Somsak Chotratanasiri, of the total additional mid-year budget, 27 billion baht will be funded through taxes and other state income, while the remaining 162 billion will be generated through borrowing, whereby the Finance Ministry will issue savings bonds.The proceeds from the government bonds will be earmarked for provincial development and to stimulate the economy in local communities.
Some 100 billion baht will be allocated for local development in 18 clusters of provinces, while the rest will go towards Village Fund development.Around 500,000 baht per village is planned under the scheme.
The proposal will be filed in January for vetting by the National Legislative Assembly.The commerce minister, who returned from China on Sunday, said Thailand aims to raise rice shipments to China by not less than 10% in the coming year.Last year, Thailand exported 931,447 tonnes of rice to China, up 27%, worth US$477 million (1.7 billion baht), up 19.4% year-on-year.For the first 10 months of this year, Thailand's rice exports to China totalled 640,856 tonnes, down 10.8%. Those exports were valued at $323 million, down 11.5% year-on-year.Thailand was the second-biggest rice exporter to China, trailing Vietnam.





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