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Wednesday, January 06, 2016
5th january,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine
About 39% of Italy's 2015-16 Paddy Crop Sold as of December 29, 2015; Down
6% from Last Year
Jan 04, 2016
About 587,976 tons, or
about 38.9% of total Italian 2015-16 (September 2015 - August 2016) paddy crop
has been sold out as of December 29, 2015, down about 6% from around 625,642
tons sold during the same period last year, according to data from the Ente
Nazionale Risi, the National Agency for Rice.
Year-on-year, sales of
round varieties increased by about 5,428 tons to around 161,720 tons, sales of
medium varieties increased by about 2,344 tons to around 16,728, sales of Long
A varieties increased by about 16,171 tons to around 293,3018 tons and sales of
Long B varieties declined by about 61,609 tons to around 116,220 tons.
During the week
December 22-29, 2015, a total of around 293,308 tons of paddy were sold. The
week's sales included about 4,715 tons of Long A, about 1,627 tons of Long B,
about 3,194 tons of round paddy and 579 tons of medium paddy. Loto-Ariete, with
2,549 tons and Carnaroli, with 833 tons remained the best sold varieties during
the week.
A total of around
1.510 million tons of paddy (including carryover stocks), are available as
beginning stocks for 2015-16, up about 4% from around 1.45 million tons
available last year.
Global
Rice Quotes
January 5th, 2016
Long grain white rice - high quality
Thailand 100% B grade 360-370
↑
Vietnam 5% broken 355-365 ↔
India 5% broken 355-365
↔
Pakistan 5% broken 335-345 ↔
Myanmar 5% broken 410-420 ↔
Cambodia 5% broken 425-435
↔
U.S. 4% broken 475-485
↔
Uruguay 5% broken 510-520 ↔
Argentina 5% broken 505-515 ↔
Long grain white rice - low quality
Thailand 25% broken 335-345 ↔
Vietnam 25% broken 345-355 ↔
Pakistan 25% broken 305-315 ↔
Cambodia 25% broken 400-410
↔
India 25% broken 325-335
↔
U.S. 15% broken 500-510
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 355-365
↑
Pakistan parboiled 5% broken stxd 405-415
↔
India parboiled 5% broken stxd 345-355
↔
U.S. parboiled 4% broken 500-510
↔
Brazil parboiled 5% broken 520-530
↔
Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice
Thailand Hommali 92% 680-690
↔
Vietnam Jasmine 445-455
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Mails 830-840
↔
Brokens
Thailand A1 Super 315-325
↔
Vietnam 100% broken 340-350
↔
Pakistan 100% broken stxd 285-295
↔
Cambodia A1 Super 355-365 ↔
India 100% broken stxd 265-275
↔
Egypt medium grain brokens NQ
↔
U.S. pet food 290-300 ↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
Wholesale Basmati Rice Prices in India Decline on Increased Stocks,
Sluggish Demand
Jan 04, 2016
Wholesale basmati rice
prices have declined last week due to sluggish demand from traders and
sufficient stocks, according to the Press Trust of India (PTI).
On January 2, 2016,
prices of Pusa 1121 declined to around Rs.4,000 - 4,700 per quintal (around
$605 - $711 per ton) from previous quotes of around Rs.4,100 - 4,700 per
quintal (around $620 - $711 per ton).
However, prices of
common basmati rice on the same day declined to around Rs.5,300 - 5,400 per
quintal (around $802 - $817 per ton) from the previous level of around Rs.5,400
- Rs.5,500 per quintal (around $817 - $832 per ton).
"Subdued demand
against sufficient stocks position led to the decline in rice basmati
prices," traders were quoted as saying.
FAO Forecasts Dominican Republic 2015 Paddy Rice Production to Remain at
Previous Year's Levels
Jan 04, 2016
The UN's Food and Agriculture
Organization (FAO) forecasts Dominican Republic's 2015 paddy rice production at
around 900,000 tons, almost unchanged at last year's level of around 899,000
tons mainly due to the good harvest from the 2014-15 main season crop (November
2014 - August 2015).
Despite the severe and
prolonged drought conditions since May, main rice producing areas relied on
adequate water reserves for irrigation, which benefitted crops, says the FAO.
Retail prices of first quality
rice increased slightly and retail prices of second quality rice increased
slightly in December 2015, according to the data from the FAO.
Government of Indonesia Urged to Fix Rice Purchase Price Based on Market
Prices
Jan 04, 2016
Indonesia's state
logistics agency Bulog has urged the government to fix its rice purchase price
(Harga pokok penjualan, HPP) in accordance with the prevailing market prices,
according to Antara News Agency.
Bulog's Procurement
Director told reporters that the agency had raised the matter with the
government because the HPP is being set below the prevailing market prices and
due to this they are not able to procure sufficient amounts of rice from the
farmers.
"The HPP should
later be set by the technical ministry based on the price condition in the
market. It should be set after passing through a series of calculation and
assessment and after considering data from the Central Bureau of Statistics
(BPS)," he was quoted.
He also noted that the
government should consider setting up of a basic price (HD) rate or the lowest
price rate at the farmers level. "This optimize the absorption of farmers
rice during the grand harvest season because Bulog would be able to purchase
rice at a price over the basic price rate," he said.
The Bulog official
also noted that the HD and the HPP must be part of a Presidential Instruction
Decree.
The Chairman of the
National Rice Farmers Association supported the proposal of the Bulog official.
"If the market wants to buy the rice at a price over the basic price rate,
it would be up to the farmers whether they will sell it to Bulog or to the
market. Both will not disadvantage them," he added.
Asia Rice Quotes Mixed Today
Jan 04, 2016
Thailand rice sellers
lowered their quotes for A1 super rice by about $5 per ton to about $315-$325
per ton today. Vietnam rice sellers lowered their quotes for 5% broken
rice by about $5 per ton to about $355-$365 per ton and increased their
quotes for 100% broken rice by about $5 per ton to about $340-$350 per
ton. Pakistan rice sellers increased their quotes for 5% broken rice and 25%
broken rice by about $5 per ton each to about $335-$345 per ton and $305-$315
per ton respectively. India rice sellers have kept their quotes unchanged
today .
5% Broken Rice
Thailand 5% rice is
indicated at around $345 - $355 per ton about $10 per ton discount on Vietnam
5% rice shown at around $355 - $365 per ton. India 5% rice is indicated at
around $355 - $365 per ton, about $20 per ton premium on Pakistan 5% rice shown
at around $335 - $345 per ton.
25% Broken
Rice
Thailand 25% rice is
indicated at around $335 - $345 per ton, about $10 per ton discount on Vietnam
25% rice shown at around $345- $355 per ton. India 25% rice is indicated at
around $325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice
shown at around $305 - $315 per ton.
Parboiled
Rice
Thailand parboiled
rice is indicated at around $350 - $360 per ton. India parboiled rice is
indicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan
parboiled rice last shown at around $405 - $415 per ton.
100% Broken
Rice
Thailand broken rice,
A1 Super is indicated at around $315 - $325 per ton, about $25 per ton discount
to Vietnam 100% broken rice shown at around $340 - $350 per ton. India's 100%
broken rice is shown at around $265 - $275 per ton, about $20 per ton discount
to Pakistan broken sortexed rice shown at around $285 - $295 per ton.
FAO Forecasts Maldives 2015-16 Rice Imports at 26,000 Tons, Up 3% from
Previous Year
Jan 04, 2016
The UN's Food and
Agriculture Organization (FAO) forecasts Maldives 2015-16 (January-December)
rice imports at around 26,000 tons, up about 3% from around 25,243 tons in
2014-15.
Maldives does not
produce rice and is entirely dependent on imports to meet the domestic demand.
The FAO forecasts the total cereal
imports of the country in 2015-16 at around 57,300 tons.
Further Extension of Quantitative Restrictions on Rice Imports will Prove
Costly for Government, Says Philippines Agri Minister
Jan 04, 2016
The Philippines
Agriculture Minister noted that quantitative restrictions (QRs) on rice imports
are currently needed to protect local farmers from cheap imports, but a further
extension of QRs is likely to prove costly for the government, according to
local sources.
The present government
had sought an extension of QRs on rice imports until 2017 to help local farmers
to compete with imported rice. In order to continue with the QR system, the
Philippines had to increase the minimum access volume (MAV) of rice to 805,200
tons (MT) per year, from the previous 350,000 tons. Rice imports under the MAV
are imposed a tariff of 40% and imports over and above MAV are imposed a tariff
of 50%.
The Minister noted
that currently the QR system is needed but a further extension in 2017 would
prove costly for the government. He noted that analysts are concerned that the
QR system is currently leading to high prices in the country due to lower
supplies from imports. “In my view, it is only a matter of time before we can
be competitive so instead of asking for another concession, let’s just use our
capacity to help the farmers become more competitive in palay production,"
he said.
Last year, the
Economic Planning Secretary also expressed concern on the QR system. “Although
the QR gives protection to our farmers, its overall cost on the economy has
been so high, especially among the poor because that has led to a double-digit
inflation for rice when overall inflation was only two percent to five percent,”
he said.
TPP Agreement May Not be Signed in 2016
Jan 04, 2016
The U.S. Presidential
elections, Congress objections and uncertainties on signing date are forming
major roadblocks for the signing of the Trans-Pacific Partnership (TPP)
agreement in 2016.
While President Obama
is keen on signing the TPP in 2016, Congress has raised issues on provisions
relating to biologics, financial services and tobacco. The Senate Majority
Leader reportedly asked the President not to submit the TPP to Congress before
the November 2016 elections. Though the Obama administration is discussing with
Senate Finance Committee Chairman and House Ways & Means Committee
Republicans about their objections to TPP, it is still not clear how it would
address their objections.
Some analysts say the
U.S. may need to offer additional concessions to compensate TPP countries for
any potential changes, as the U.S. did when it renegotiated the U.S.-Korea free
trade agreement.
Meanwhile, Australia
has rejected the U.S. Republicans' suggestion to change the biologics
provisions. Japan has also expressed concern that the signing won't be possible
without a fixed date.
Some TPP countries are
preferring to sign the deal in New Zealand on February 4, 2016, just after the
expiry of the 90-day Congressional review period. Some of them are opining that
signing would be delayed until the Obama government addresses the objections of
the members of the Congress.
FAO Estimates Malaysia 2015-16 Rice Imports to Increase Despite Record
Production
Jan 04, 2016
The UN's Food and
Agriculture Organization (FAO) forecasts Malaysia's 2015-16 (July - June) rice
imports to increase despite an increase in the 2015 rice production due to an
expected increase in domestic demand.
The FAO forecasts
Malaysia's 2015 paddy rice production to increase to around 2.694 million tons,
up about 2% from around 2.645 million tons in 2014 due to increased yields,
favourable weather and continued government support to the rice sector,
including subsidies for agricultural inputs. It says the increase in production
more than offsets a slight contraction in area planted.
Planting of the 2016
paddy crop is almost complete. Most of the planting has been done between June
and September. Rainfall levels have been generally normal to near-normal
between June and mid-December over the main rice producing areas, according to
the FAO.
The FAO expects the
on-going El Nino-induced dry conditions to negatively impact the yield
potential of the 2016 paddy crop.
FAO Forecasts Brazil 2015 Paddy Rice Production to Increase 3% y/y on
Higher Acreage, Yields
Jan 04, 2016
The UN's Food and
Agriculture Organization (FAO) forecasts Brazil's 2015 paddy rice production at
around 12.44 million tons, up about 3% from around 12.122 million tons in 2014
due to an increase in acreage as well as yields.
Planting for the
2015-16) rice crop (December - August) will begin this month in the North/North
East regions. Planting is complete in the main rice growing region of area Rio
Grande do Sul. Planting operations in the Rio Grande do Sul region were
reportedly disrupted in October due to heavy rains. The acreage is likely to
decline in the state accordingly.
FAO's projections are
in contrast to the country's National Grains Supply Company (Conab)
projections. In December, Conab estimated the country's 2015-16 paddy rice
production at around 11.921 million tons (around 8.2 million tons, basis
milled), down about 4% from an estimated 12.436 million tons (around 8.6
million tons, basis milled) in 2014-15 due to a likely reduction in acreage.
USDA estimates Brazil
MY 2015-16 (April – March) paddy rice production at around 11.765 million tons
(around 8 million tons, basis milled), down about 6% from an estimated 12.5
million tons (around 8.5 million tons, basis milled) in MY 2014-15.
Oryza U.S. Rough Rice Recap - Prices Dip Marginally but Prices Still up
Sharply from December
Jan 05, 2016
The U.S. cash market
was marginally weaker today although the prices that were seen trading today
were roughly $0.50-$0.75 per cwt (about $11-$17 per ton) higher than the
numbers that were traded in December.Analysts note that many in the industry
are hopeful that new demand from Colombia, Venezuela, and Iraq will show up in
January; however, they note that there will likely be stiff competition in
these markets from South American Origins.
In the meantime, the
USDA reported that cumulative net export sales for the week that ended on
December 24th, totaled 72,800 tons, an increase of 73% from the
previous week and 38% higher than the prior 4-week average.Increases were
reported for the following destinations: 25,600 ton to Japan, 22,200 tons to
South Korea, 10,500 tons to Mexico, 7,200 tons to Guatemala that was switched
from unknown destinations, and 6,500 tons to El Salvador including 2,900 tons
switched from unknown destinations, while a reduction of 6,200 tons was
reported for unknown destinations.
U.S. rice exporters
shipped 34,000 tons, a decrease of 35 from than last week and 46% lower than
the prior 4-week average.Increases were reported for the following
destinations: 16,400 tons to Japan, 7,200 tons to Guatemala, 3,500 tons to El
Salvador, 2,100 tons to Taiwan, and 1,900 tons to Canada
Exclusive News have
been shared with written permission of ORYZA.com with thanks
6th january,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine
Sri Lanka Grants Duty Free Access to Pakistan Basmati Rice
Jan 05, 2016
Sri Lanka has granted
duty free access to 102 products from Pakistan, including basmati rice, oranges
and engineering goods, as part of a free trade agreement (FTA), according to
Lanka Business Online.
The two countries have
agreed to include services and investment chapters in the bilateral FTA, that
was signed in 2005. They have reportedly agreed to offer preferential market
access to each other’s' exports through tariff concessions.
The Premiers of the
two countries finalized the extended bilateral FTA today in Colombo. They also
signed 8 bilateral agreements in the fields of hydro power, cement, fishing and
navel.
“This would enable our
companies to form joint ventures for exports for third countries. Sri Lanka
enjoys exceptional position of being the first country with which Pakistan
entered into a FTA,” said the Pakistan Prime Minister. “The present
volume of trade does not reflect the true potential. We have agreed to
re-liberate our efforts to realize the goal of achieving one billion dollars
bilateral trade target at the earliest.” he added.
Italy's Piedmont Region to
Tighten Controls on Organic Rice Growers
Jan 05, 2016
The administration of Italy's Piedmont region has decided to
tighten controls on organic rice growing in order to prevent speculation
against the consumers' confidence, according to local sources.
Organic rice in the European Union (EU) is generally grown
according to specified practices, including the elimination of chemicals and
the use of a crop rotation. Yields are low and prices are high for organic
rice.
"We want farmers to continue to make organic rice, a
real opportunities for them. We decided to tighten up controls to offer better
guarantees, both for consumers and businesses in order. Those who try to be
cunning must be punished: not it will be easier," the alderman for
agriculture of Piedmont told local sources.
He noted that the tighter controls are needed because the
organic rice farmers are found not to use all their farmland for organic rice.
Nearly 90% of farmers use only part of their area for organic growing. Most of
the organic rice farmers do not obtain resources from the Rural Development
Plan and are controlled by private certification bodies, who determine whether
the producers are meeting the organic standards. The region has decided to
increase pressure on the private certification bodies to take a closer look at
the organic rice growing practices, starting from sowing time. The analysis of
samples will also include all active principles allowed in conventional
farming.
The new standards will be prepared by the University of
Turin. The monitoring bodies can start with the inspections in 2016, and are
expected to give account to the Region.
Australian Weather Forecaster Predicts Chances of La Nina in Second Half of
2016
Jan 05, 2016
Australia's Bureau of
Meteorology (ABM) has predicted that the current conditions of El Nino will
return to neutral during the second quarter of 2016 with chances of La Nina
occurrence in the second half of 2016, according to Bloomberg.
Most of the other El
Nino-Southern Oscillation indicators also suggest that the current El Nino has
peaked and will decline in the coming months.
La Nina is said to be
an opposite phenomenon of El Nino and is often associated with a cooling in the
equatorial Pacific Ocean. While El Nino brings droughts to Asia and South
America, and heavy rains to the U.S., La Nina brings dry conditions to the U.S.
and heavy rains to Australia and Indonesia. El Nino events are generally
followed by La Nina events, according to the ABM. They are extreme phases of a
naturally occurring cycle, according to the National Oceanic and Atmospheric
Administration (NOAA) and both peak during the Northern hemisphere winter.
Analysts are
predicting that a transition from a strong El Nino to a strong La Nina may lead
to volatility in rice and other grains prices. Global rice prices were expected
to increase due to likely lower production in the top rice producing countries,
including India and Thailand. However, the effects of the current El Nino have
not been properly factored by rice market due to lack of demand.
Experts Call for Curtailing $533 Million Annual Rice Wastage in Saudi
Arabia
Jan 05, 2016
Experts noted that
curtailing rice wastage of about 700,000 tons worth SR 2 billion (around $533
million) per year would help the economy significantly and keep rice prices in
check, according to Arab News.
According to local
sources, about 40% of the rice slated for domestic consumption is wasted
because of banquets, celebrations and social occasions involving providing food
for guests. Saudi Arabia is the largest rice consumer outside the East Asian
countries with an annual consumption demand of about 1.4 million tons worth
about SR 5 billion (around $1.3 billion). Saudi Arabia imports about 68% of its
annual rice requirements.
Prices have been
increasing due to increasing demand according to experts. In 2015, prices
increased by about 5% to around 31 halala per kilogram (around 310 riyal or $82
per ton).
"Unscrupulous
merchants, extravagant consumers, monopolization practices and alluding to a
limited number of importers are the main reasons for such price hikes during
past years," said the former Chairman of the Saudi Consumer Protection
Association (CPA).
"It is a known
economic fact that when demand is high, prices increase. The solution in this
case is to rationalize consumption by raising awareness among people on the
importance of saving and rationalizing in consumption,” said one of the
country's leading economists.
Some youth
organizations are striving to stop abundant food leftovers during social
occasions.
Oryza U.S. Rough Rice Recap - Prices Edge Higher as Trade Activities Picks
up in the New Year
Jan 06, 2016
The U.S. cash market
was slightly firmer today with uptick in trade activity as both buyers and
sellers showed a willingness to come off of their price ideas to get something
done.
Colombian authorities
announced today that they will hold a Tariff Rate Quota auction for 65,972 tons
of export licenses on February 1 for shipment no later than June 30.
This is Col-Rice’s
first auction in 2016 and the licenses will allow the successful bidders to export
U.S. rice duty-free to Colombia.
Indonesia May Import 350,000 Tons of Rice in First Quarter of 2016
Jan 05, 2016
The government of
Indonesia is planning to import 350,000 tons of rice in the first quarter of 2016
to enhance stocks and curb price hikes, Jakarta Globe quoted the Coordinating
Minister for Economic Affairs.
The Minister told
reporters that the government is also planning to rely on sugar, soybean and
cattle imports in the first three months of 2016 to maintain the inflation
within its 3-5% target.
"Information from
[the Meteorological, Climatology and Geophysics Agency] and the Agriculture
Ministry showed that we will likely experience food shortage at the end of
February and March," he was quoted. "The situation will return to
normal in April, as we can expect [a rice] harvest," he added.
Indonesia already
imported one million tons of rice from Thailand and Vietnam in the last quarter
of 2015. About 485,000 tons of rice has arrived in the country.
Last week, the Trade
Minister also hinted at additional rice imports in the first quarter of 2016
though he did not mention the volume.
Stocks with the
country's state logistics agency Bulog currently stand at about one million
tons. According to data from the UN's Food and Agricultural Organization (FAO),
average domestic rice prices have reached a high of Rp 10,633 per kilogram
(around $784 per ton) in December and the government is undertaking rice market
operations in an effort to stabilize rice prices at around Rp 8,300 per
kilogram ($612 per ton), price at which Bulog normally sells rice to the
public.
The USDA estimates
Indonesia to import 1.6 million tons of rice in 2016, up from an estimated 1.4
million tons in 2015. It estimates Indonesia's paddy rice production to
increase to around 57.165 million tons in 2016, up from around 56.315 tons in
2015.
Global Rice Quotes
January 5th, 2016
Long grain white rice - high quality
Thailand 100% B grade 360-370
↑
Vietnam 5% broken 355-365
↔
India 5% broken 355-365
↔
Pakistan 5% broken 335-345
↔
Myanmar 5% broken 410-420
↔
Cambodia 5% broken 425-435
↔
U.S. 4% broken 475-485
↔
Uruguay 5% broken 510-520
↔
Argentina 5% broken 505-515
↔
Long grain white rice - low quality
Thailand 25% broken 335-345
↔
Vietnam 25% broken 345-355
↔
Pakistan 25% broken 305-315
↔
Cambodia 25% broken 400-410
↔
India 25% broken 325-335
↔
U.S. 15% broken 500-510
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 355-365 ↑
Pakistan parboiled 5% broken stxd 405-415 ↔
India parboiled 5% broken stxd 345-355 ↔
U.S. parboiled 4% broken 500-510
↔
Brazil parboiled 5% broken 520-530
↔
Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice
Thailand Hommali 92% 680-690
↔
Vietnam Jasmine 445-455
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Mails 830-840
↔
Brokens
Thailand A1 Super 315-325
↔
Vietnam 100% broken 340-350
↔
Pakistan 100% broken stxd 285-295
↔
Cambodia A1 Super 355-365
↔
India 100% broken stxd 265-275
↔
Egypt medium grain brokens NQ
↔
U.S. pet food 290-300 ↔
Brazil half grain NQ
↔
All prices USD per ton, FOB vessel, oryza.com
Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Rally as
Cash Market Sees Uptick in Buying Interest and Firmer Grains Add Support
Jan 06, 2016
Chicago rough rice
futures for Mar delivery settled 15.5 cents per cwt (about $3 per ton) higher at
$11.925 per cwt (about $263 per ton). The other grains finished the day higher;
Soybeans closed about 0.2% higher at $8.5725 per bushel; wheat finished about
0.7% higher at $4.6125 per bushel, and corn finished the day about 0.4% higher
at $3.5300 per bushel.
U.S. stocks traded in
a range Tuesday, attempting to steady after a sharply lower start to the year,
as a decline in oil prices weighed. The major U.S. averages fluctuated between
gains and losses. The Dow transports attempted gains after earlier falling to
hit a fresh 52-week low. European stocks ended higher, but off session highs.
Earlier, Dow futures recovered a decline of more than 100 points to trade about
20 points lower ahead of the market open, with traders noting support from
gains in European stocks. Overnight, the Shanghai composite swung in a 4% range
before closing down about 0.3%. The blue-chip CSI300 closed nearly 0.3% higher.
The Hang Seng fell more than half a percent, while the Nikkei 225 was off about
0.4%.
The People's Bank of
China (PBOC) injected nearly $20 billion into money markets, its largest cash
injection since September, Reuters reported, noting traders suspected the PBOC
was using state banks to prop up the yuan at the same time. In afternoon trade,
the Dow Jones industrial average declined 63 points, or 0.38%, to 17,084. The
S&P 500 traded down 2 points, or 0.13%, to 2,010, with energy leading six
sectors lower and telecommunications the greatest advancer. The Nasdaq
composite fell 14 points, or 0.29%, to 4,888. Gold is seen trading about 0.3%
higher, crude oil is seen trading about 2.4% lower, and the U.S. dollar is seen
trading about 0.5% higher at about 2:30pm Chicago time.
Monday, there were 986
contracts traded, up from 797 contracts traded on Thursday. Open interest – the
number of contracts outstanding – on Monday decreased by 325 contracts to
13,476.
Seaweed Extracts can Enhance Rice Growth by 30%, Find Philippines
Scientists
Jan 05, 2016
Scientists from the
Philippine Nuclear Research Institute (PNRI) have found that extracts from
seaweeds can boost rice production as well protect rice plants from major pests
when they are treated with slight gamma radiation, according to a study
published in the January edition of the Radiation Physics and Chemistry
journal.
A team of scientists
led by the Chief of PNRI's chemistry research section showed that the
carrageenan-derived polysaccharide, a carbohydrate, enhances rice growth when
degraded through a “very small dose” of gamma radiation. They developed the
carrageenan plant food supplementor (CPFS), which is derived from carrageenan
extracted from red edible seaweeds.
The PNRI scientist
told reporters that the chemical arrangement of carrageenan can provide more
agricultural benefits. The long-chain carrageenan polymer can be broken down
into shorter chain fragments known as oligomers, which can be easily absorbed
by plants to help their growth and development and also improve their
resistance to diseases.
“Using gamma
radiation, we were able to cut up the polymer into oligomers without using
chemicals or complicated and expensive processes,” she says. The CPFS is nor
radioactive and is a clean and add additive-free method that is safe,
non-toxic, environment friendly and, most of all, effective, she adds. The
scientist noted that the new technology can increase rice yields by at least
30%.
She also notes that
rice plants treated with CPFS have produced longer rice stems and panicles
compared to conventional crops. CPFS also induces resistance against major rice
pests such as rice tungro virus and bacterial leaf blight, she told.
A scientist at the at
the National Crop Protection Center and who headed the field trials in Bulacan
noted that three bags of chemical fertiliser per hectare combined with 200
parts per million or 20 millilitres per litre of CPFS yielded higher rice grain
weight of 450 grams per 10 hills (mound of soil that is planted with seeds). On
the other hand, the conventional farmers’ practice of applying nine bags of
chemical fertiliser per hectare yields a grain weight of only 275 grams per 10
hills.
Philippines Plans to Import More Rice from Vietnam and Thailand in 2016,
Says NFA Administrator
Jan 05, 2016
The National Food
Authority (NFA) of Philippines is planning to import more rice from Vietnam and
Thailand in 2016 to ensure rice sufficiency throughout the country this year,
local sources quoted the NFA Administrator.
He told reporters that
the agency is planning to import at least 50,000 tons of rice from Vietnam and
Thailand to ensure enough rice stocks in times of calamity or disaster that may
occur this year.
“See to it that we
have enough rice in time of calamities that can immediately be dispatched to
various disaster councils and local government units,” the NFA official was
quoted.
Last month, the
official noted that the NFA was planning to finalize the volume and timing of
the additional rice imports of about 300,000 - 400,000 tons approved by the NFA
Council and the Cabinet Task Force on El Nino.
The NFA already
imported 500,000 tons from Vietnam and Thailand for the first quarter of 2016.
The Philippines imported around 1.8 million tons of rice in 2015.
New imports may push
up Thai and Vietnam rice export quotes which have eased during December 2015
due to lack of demand. Thai 5% and Vietnam 5% rice quotes have declined to
around $355 per ton and $360 per ton respectively in the new year from around
$355 per ton and $375 per ton in the beginning of December 2015.
Thailand Rice Sellers Increase Their Quotes Today; Other Asia Rice Quotes
Unchanged
Jan 05, 2016
Thailand rice sellers
increased their quotes for 100% high quality rice and parboiled rice by about
$5 per ton each to about $360-370 per ton and $355-$365 per ton, respectively,
today. Other Asia rice sellers have kept their quotes unchanged today .
5% Broken Rice
Thailand 5% rice is
indicated at around $345 - $355 per ton about $10 per ton discount on Vietnam
5% rice shown at around $355 - $365 per ton. India 5% rice is indicated at
around $355 - $365 per ton, about $20 per ton premium on Pakistan 5% rice shown
at around $335 - $345 per ton.
25% Broken
Rice
Thailand 25% rice is
indicated at around $335 - $345 per ton, about $10 per ton discount on Vietnam
25% rice shown at around $345- $355 per ton. India 25% rice is indicated at
around $325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice
shown at around $305 - $315 per ton.
Parboiled
Rice
Thailand parboiled
rice is indicated at around $355 - $365 per ton. India parboiled rice is
indicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan
parboiled rice last shown at around $405 - $415 per ton.
100% Broken
Rice
Thailand broken rice,
A1 Super is indicated at around $315 - $325 per ton, about $25 per ton discount
to Vietnam 100% broken rice shown at around $340 - $350 per ton. India's 100%
broken rice is shown at around $265 - $275 per ton, about $20 per ton discount
to Pakistan broken sortexed rice shown at around $285 - $295 per ton.
News have been shared with written permission of ORYZA.com with thanks.5th january 2016 Daily Global Rice E-Newsletter by Riceplus Magazine-Latest Rice News Updates
History on India's Side, Not Pakistan, on Basmati
GI Tag'
By Express News Service
Published: 05th January 2016 04:46 AM
Last Updated: 05th January 2016 04:46 AM
NEW DELHI:With a tussle over getting a Geographical Indication
tag for Basmati rice on, as Pakistan had laid claims over the origins of the
variety of rice grown here, an RSS mouthpiece article termed the neighbouring
country’s “illegible claim” as one of the unfinished agendas of partition.An
article in Organiser last week, said Basmati Growers Association (BGA), Lahore
had claimed and registered a case that Basmati Rice is owned only by Pakistan,
and India does not ‘own or have rights’.
Hitting out at Pakistan’s attempt to lay sole claim over the
origin of Basmati rice, the article added, “Basmati rice is one of the
testimonies for Bharat’s deep-rooted history, culture and civilisation, where
Basmati Rice has a relationship with the ‘Kuru Vamsa’ of Mahabharat... Contrary
to the claim of BGA, Lahore, there are a number of facts to prove that Bharat
owns (exclusively) Basmati but it never claimed so.”Talking about the legal
issues starting from the partition, the article said, “The Partition Proceedings
never mentions that basmati rice is to be shared with Pakistan by United Bharat
or Bharat.
Further, an agreement
between Pakistan and Bharat on certain outstanding financial issues dated June
12, 1955 at Karachi does not capture in the list of issues provided by India as
well as Pakistan anything relating to sharing of Intellectual Property Rights
on Basmati,” the article added.Going on to the history of rice growing, it said
“The Royal Commission on Indian Agriculture in 1926 and its subsequent development
of Rice Research Stations including Doiwala, Dehradun and Kala Shah Kaku,
Pakistan under the charge of Late Sardar Mohammed Khan, who had special
training in rice breeding in Madras, provides facts about the real geographical
origin of basmati rice.
The phenomenon of commercial basmati rice production in
Pakistan’s Punjab was merely from the year 1933...a lack of history on basmati
production in Pakistan’s Punjab underlines the fact that Basmati Rice’s
Geographical Indication is exclusively owned by India.”The article added, ‘The
legal and historical facts provide ability to register Basmati Rice as an
exclusive GI of India.” It said, India could thus claim penalty or royalty from
Pakistan, which could run into several billion dollars of compensation.
http://www.newindianexpress.com/nation/History-on-Indias-Side-Not-Pakistan-on-Basmati-GI-Tag/2016/01/05/article3212459.ece
RSS Mouthpiece Hits Out at Pakistan's
'Illegible Claim' on Basmati Rice
By Express News Service
Published: 04th January 2016 09:08 PM
Last Updated: 04th January 2016 09:09 PM
NEW DELHI: With tussle over getting a geographical indication
tag for Basmati rice on, as Pakistan had laid claims over the origins of the
variety of rice grown here, a RSS mouthpiece termed the neighbouring country’s
“illegible claim” as one of the unfinished agendas of partition.An article in
the RSS magazine - Organiser – last week, said Basmati Growers
Association (BGA), Lahore,has claimed and registered a case that Basmati Rice
is owned only by Pakistan but India does not ‘own or have rights’.Hitting out
at the Pakistan’s attempt to lay sole claim over the origin on basmati rice,
the article added, “Basmati rice is one of the testimonies for Bharat’s
deep-rooted history, culture and civilisation, where Basmati Rice has
relationship with ‘Kuru Vamsa’ of Mahabharat.
A detailed legal and
cultural history of Basmati Rice is not available... Contrary to the claim of
Basmati Growers Association Lahore, there are number of facts to prove that
Bharat owns (exclusively) Basmati but it never claimed so. “Talking about
the legal issues starting from the partition, the article said, “The Partition
Proceedings never mentions basmati rice to be shared with Pakistan by United
Bharat or Bharat. Further, an agreement between Pakistan and Bharat on certain
outstanding financial issues dated of June 12, 1955 at Karachi does not capture
in the list of issues provided by India as well as Pakistan anything relating
to sharing of Intellectual Property Rights or Basmati,” the article added.Going
in to the history of rice growing, it said “The Royal Commission on Indian
Agriculture in 1926 and its subsequent development of Rice Research Stations
including Doiwala, Dehradun and Kala Shah Kaku, Pakistan under the charge of
Late Sardar Mohammed Khan, who had special training in rice breeding in Madras,
provides fact about real geographical origin of basmati rice.
The phenomenon of commercial basmati rice production in Pakistan
Punjab was merely from the year 1933...a lack of history on basmati production
in Pakistan Punjab underlines the fact that Basmati Rice Geographical
Indication is exclusively owned by India.”Suggesting that India solely owns the
rights over basmati, the Organiser article added, ‘The legal and historical
facts provide ability to register Basmati Rice as an exclusive GI of India.
Such exclusive ownership position of Bharat has authority to claim penalty or
royalty on infringement of use of word “Basmati Rice” by Pakistan in International
Court or WTO, which could run several billion dollars compensation to Bharat.”
The Indian express
Pakistan, Sri Lanka include services and investments in FTA
“We discussed the issues relating
to the implementation of Pakistan, Sri Lanka FTA. The two countries have agreed
on the inclusion of services and investments chapters in the bilateral FTA.”
Pakistan PM said.Pakistan Prime Minister was speaking at an event held at
Presidential Secretariat to sign 8 bilateral agreements which includes the
fields of hydro power, cement, fishing and navel.
“This would enable our companies
to form joint ventures for exports for third countries. Sri Lanka enjoys
exceptional position of being the first country with which Pakistan entered
into a FTA,”“The present volume of trade does not reflect the true potential.
We have agreed to re-liberate our efforts to realize the goal of achieving one
billion dollars bilateral trade target at the earliest.” the Pakistani PM said.Through
the FTA signed in 2005 Sri Lanka was able to enjoy duty free market access on
206 products in the Pakistani market including tea, rubber and coconut.Pakistan,
in return, has gained duty free access on 102 products in the Sri Lankan
market. These products include oranges, basmati rice and engineering goods.
Pakistan Premier invited Sri
Lankan President to visit Pakistan soon.
Full Statement by the Pakistan
Prime Minister:
President Maithripala Sirisena!
On behalf of myself and my
delegation, I would like to thank you for the warm hospitality accorded to me
and my delegation. My visit, which comes eight months after Your Excellency’s
visit to Pakistan in April last year, is a testimony to strong bonds of
friendship between our two countries. Pakistan and Sri Lanka enjoy excellent
relations, based on mutual respect and shared interests. They are marked by
cordiality and commonality of views on major regional and global issues and
close cooperation in the multilateral forums.
Both sides wish to further deepen
and broaden these ties through regular high level contacts and exchange of
visits.Today, we comprehensively reviewed the whole range of our multifaceted
bilateral relationship, in the fields of political interactions, trade and
commerce, defence, education, science and technology, culture and agriculture
etc.
The talks were held in a warm
friendly and cordial atmosphere and were marked by full trust and complete
understanding. Both sides reached broad consensus on ways and means to further
strengthen our bilateral cooperation in a comprehensive manner. We have agreed
to hold frequent summit level meetings, promote parliamentary exchanges and
enhance the process of consultations, cooperation and coordination between our
respective institutions.We also discussed the issues related to the
implementation of the Pakistan-Sri Lanka Free Trade Agreement. The two
countries have agreed on the inclusion of Services and Investments chapters in
the bilateral FTA. This would enable our companies to form joint ventures for
export to third countries. Sri Lanka enjoys exceptional position of being the
first country with which Pakistan entered into a Free Trade Agreement (FTA).
The present volume of trade
(approx. US $325 million) does not reflect true potential. We have agreed to
re-invigorate our efforts to realize the goal of achieving US $1 billion
bilateral trade target at the earliest. I re-iterated Pakistan’s offer to setup
Cement and Sugar Plants in Sri Lanka, on mutually agreed terms, for the long
term benefit of Sri Lankan economy. We have also conveyed our readiness to
welcome Sri Lankan investment in Pakistan. We have also expressed satisfaction
on the work of Pakistan-Sri Lanka Joint Economic Commission in promoting
bilateral trade.Both sides expressed their satisfaction at the existing
bilateral cooperation in the field of Defence.
I appreciated the participation of the Sri
Lankan Navy in the annual AMAN exercise of the Pakistan Navy. I also conveyed
our desire for more frequent port calls, participation in military exercises
and fence seminars and training of military personnel.Both sides also agreed to
give further impetus of their cooperation in the fields of education, science
and technology, healthcare, agriculture, tourism, sporting contacts, cultural
exchanges and people to people contacts. They also agreed to prioritize
Cooperation in the Field of Gems and Jewelllery.
We have also signed a number of
Agreements and MoUs today, which would help promote cooperation between our two
countries in the fields Trade promotion, Culture, Health, Gem and Jewellery,
Science & Technology and Combating Money Laundering and Terror Financing.Sri
Lanka has been a strong and steadfast friend of Pakistan. It has stood by us in
our most difficult moments. We remain eternally grateful to the people and
government of this beautiful Island State.We now look forward to welcoming
President Sirisena to Pakistan, at an early date, so that the relations of
mutual trust and confidence can be further enhanced.
Colombo, 05 January 2016
Lanka business online
Plant Engineering
to Improve Thermotolerance in Rice and Tomatoes
Paper Reviewed
Shen, H., Zhong, X., Zhao, F., Wang, Y., Yan, B., Li, Q., Chen, G., Mao, B., Wang, J., Li, Y., Xiao, G., He, Y., Xiao, H., Li, J. and He, Z. 2015. Overexpression of receptor-like kinase ERECTA improves thermo-tolerance in rice and tomato.Nature Biotechnology 33: 996-1003.Concerned about the possibility that the detrimental effects of predicted global warming on crop productivity "threaten to reduce the world's food supply," Shen et al. (2015) also worried about the fact that the genetic modification of crops to improve thermo-tolerance had demonstrated what they describe as "little success to date." And, therefore, they decided to see if they could discover something that would have success in this regard.Focusing on three transgenic lines of the Arabidopsis thaliana (mouse-ear cress) receptor-like kinase ERECTA (ER), the 15 Chinese scientists conducted field experiments on rice and tomato plants over the course of three summers (2012, 2013 and 2014) in Shanghai, Wuhan and Hainan, China.
And this work
revealed, as they discovered, that "transgenic tomato and rice lines
overexpressing Arabidopsis ER showed improved heat tolerance
in greenhouse and field tests." In addition, they discovered that
"ER-overexpressing transgenic Arabidopsis, tomato and rice
plants had increased biomass."And the take-home message of their findings?
Shen et al. say that they open the door, so to speak,
"to engineering or breeding thermo-tolerant crops with no growth
penalty." And, as they also add, with considerably-enhanced water
use efficiency. www.ncbi.nlm.nih.gov/pubmed/26280413
Supreme Court
refuses claim of rice importer, Jack Charles
05 January 2016— by Rowland A. Parks
Upon exiting the court, attorney Eamon Courtenay, SC, who was
attempting to join the case on behalf of the local rice producers, told
reporters that they did not have to present any arguments, since the case was
speedily turned down by the court.“The court looked at the application that was
filed, and it was not properly done, and so [the judge] said that it does not
affect our client, so we weren’t called upon to make any submissions,”
Courtenay explained.“Essentially, what the government argued, quite rightly in
their submissions, was that basically the issue that is before the court is an
importer who says, ‘I need a license; I applied for it.I didn’t get it.’ Then
they come to court and say, ‘I don’t have the permit, and I want the court to
order the importation of a product that requires a license.
’ In effect, asking the court to assist him to break the law.
The court was very clear that the court is not here to assist anyone in
breaking the law; and therefore, a person who does not have the necessary
import permit for the importation of rice will not be allowed to use the court
as a basis to get some sort of relief,” Courtenay elaborated.Courtenay said
Charles’ action was as described by the CEO in the Ministry of Agriculture in
his affidavit, as being done in defiance of the law.“Mr. Charles obviously
believes that by bringing the product here, he will be able to get what he
wants—notwithstanding what the law says,” Courtenay said.Courtenay said that
the Customs Department had given Charles the option of sending back the rice,
before it is destroyed.“We do not want rice that has not been subject to a test
to be brought into Belize. It constitutes a risk, not only to the agricultural
sector but also to food security and safety,” Courtenay said.
Courtenay said that a news report was cited which alleged that
rice had been exported from Guyana to Chile and it was later found that the
rice was contaminated and it had to be returned.“We are not advocating that
Belize should bear that risk. That rice has not been tested by Belizean
authorities; it should leave Belize, the quicker the better,” Courtenay urged.
“Customs is bending over backwards to Charles; they are giving
him an opportunity to take it out the country”, Courtenay said.
Jack Charles’ attorney, Leroy Banner, told reporters that the
judge has found that his client was in violation of Section 27 of the BAHA Act.“Without
the import permit, you cannot import the goods into Belize,” Banner conceded.
“According to the judge, Section 27 is so clear; I do not think there is any
merit in appealing this ruling,” he said.Asked if the matter ends there, Banner
said that he would have to take direction from his client.Banner added that the
issue of Caribbean Community (CARICOM) law has been raised, as thought is being
given to whether or not this matter should be put before the Caribbean Court of
Justice.Jack Charles declined to speak to reporters when he exited the
courtroom with Banner.
Guyanese Rice
Rejected
posted (January 4, 2016)
posted (January 4, 2016)
The hearing was done in chambers, and in the absence of the press.
It was expected to be a hotly contested legal battle, but the attorneys exited
about 20 minutes after the hearing started. They told us that Justice Young was
very clear to Charles that he is trying to use the court to legitimize his
illegal action when he imported the rice into Belize without a permit.
Here's our conversation with both sides outside of court:
Leeroy Banner - Attorney for Jack Charles
Eamon Courtenay, SC - Attorney for Local Rice Producers
"The rice producers who I represent didn't even have to make any argument to the court. The court looked at the application that was filed and it was not properly done and so she said that looking at it, it doesn't even affect our clients even if she were to give permission. So we weren't called upon to make any submissions. Essentially what the government argued, quite rightly in their submissions was that basically the issue that is before the court is an importer who says, "I need a license, I applied for it and didn't get it, I don't care, I'm bringing in my goods notwithstanding the fact that I have not obtained the necessary permit." Then come to court and say I don't have the permit and I want the court to order the importation of a product that requires a license. In effect asking the court to assist him to break the law. The court was very clear that the court is not here to assist anyone in breaking the law and therefore a person who does not have the necessary import permit for the importation of rice will not be allowed to use the court as a basis on which to get some sort of relief."
Daniel Ortiz
"Sir, so would you describe his actions as sort of bullish to just force his way in as best he can?"
Eamon Courtenay, SC - Attorney for Local Rice Producers
"Well I would use the language of the C.E.O. in the Ministry of Agriculture in his affidavit that it was done in defiance of the law. Mr. Charles obviously believes that simply by bringing the product here he would be able to get what he wants, notwithstanding what the law says. I think the big issue here, insofar as my clients are concerned is the decision that the Customs has now taken which is that the product must leave Belize. They are giving them a chance to have the product leave Belize and if they don't do that then the product has to be destroyed."
Daniel Ortiz
"What is the deadline that they've been given to remove this rice?"
"Well as I understand the letter to Mr. Charles, the primary position is that it is to be confiscated and destroyed. They are giving him an opportunity and this was from the 23rd December to take it out and attempt to do something with it. So, Customs once again is bending over backward saying to him listen, you brought this thing in illegally, take it out, we are not going to destroy it. I would think that a week has passed and he has done nothing - I would urge Customs to a dispatch at this stage and I hope that they do."
As you've heard, Charles has been denied in this instance by the
Supreme Court. So then, is this outcome simply an affirmation of the
Government's protection of the Local Rice producers to the detriment of you,
the consumer? We put that question to the attorney for the Local Rice
Producers, and here's how he answered it:
Daniel Ortiz
"His idea was or his pitch was "better rice for a cheaper price.""
Eamon Courtenay, SC - Attorney for Local Rice Producers
"Right, and more profits for Jack Charles. Why he didn't finish the sentence? How can somebody in good conscience promote the importation of rice to benefit the rice farmers of Guyana, to make a profit for himself and himself alone, one person and say to hell with the domestic producers of rice. To hell with all the people who are planting, who are milling, who are distributing, all the people who have jobs in the fields, all the people who have jobs in the mills, all the people in the distribution sector, to hell with them. Listen, one has to be honest when one is attempting to be charitable. Mr. Charles wants the people of Belize to believe that he loves them so much that he is going to bring in rice into Belize for sixty-nine cents. Listen, fool di talk but dah noh fool di listen. After he brings in the first few containers for sixty-nine cents, what stops Mr. Charles from taking it up to eighty-nine cents and ninety cents? There is no alternative, right?
Mr. Charles says that he is going to bring in rice for twenty
percent of the market, what stops him from going to twenty-five? What stops him
from going to thirty? Listen, there is nothing charitable about what he was
doing. He does not have the interest of the Belizean consumers, he has his
pocket as his primary interest. Nobody could quarrel with him with that except
that we live in a country where you have a government that has taken a decision
with respect to the rice industry, that it is going to safeguard the rice
industry as an important contributor to development, to gross domestic product
and also to employment."
We spoke with Charles this evening, and he told us that he isn't
giving up. As you heard, the rice producers attorney, Eamon Courtenay asserted
that Charles has been warned that he must remove the rice, or it will be
destroyed. Well, Charles commented on that saying that his letter from BAHA
does not make any such order for removal by the Government Agencies. He's
offered to send us a copy of that letter as proof, but he was unable to do so
this evening because he was away from his office.
He told us that he is not giving up, and he and advisors are
reviewing his options
Association of Rice Millers and Importers decry activities of
illegal importers
Jan 5 2016 - 5:37pm
Funsho Balogun
The National President of the association, Tunji Owoeye, stated at
a stakeholders forum on Monday that the illegal dealers who have flooded the
market with their commodity which has passed through the porous land borders
are now even emboldened to the extent of brandishing documents of duties paid
which are usually doctored and duplicated to cover several transactions instead
of one. ‘’These die hard dealers go to the market to flag duties of what they
have paid, which is duplicated four or five times as evidence to cover their
illegal imports,’’ Owoeye stated.Last month, it was reported that hundreds of
trucks laden with bags of rice from Thailand had found their way into Nigeria
through Cotonou.
The RIMIDAN made it known
to the Nigerian Customs Service that the commodity arrives in big trailers with
1200-1500 numbers of 50kg bags and that there is substantial under declaration
and non-payment aspects in the massive shipments, making it non-viable for
legal importers and local producers to compete with these shipments.Based on
the influx of the commodity into the country, the miffed RIMIDAN, through a
letter to the Customs Comptroller General, Hameed Ali, complained about high
level corruption, involving Customs officials and importers at the various land
borders across the country.
The association alleged that under declaration is now the new name
of the game which was hitherto outright smuggling at most of the porous land
borders.Industry sources gathered that smugglers are currently having a field
day through under declaration by paying only 50 per cent of whatever volume of
cargo that is passed. On his part, Owoeye claims that a truck of 60 metric tons
passes through after it officially pays for only 30 metric tons. The illegal
process, as claimed by RIMIDAN, defeats the purpose of the NCS of allowing the
passage of rice through land borders which is to attract appropriate import
duty towards upping revenue generation.
The NCS had earlier claimed that lifting the ban on passage of
rice through land borders was for Customs to reorganize its anti-smuggling
operations in these areas while ensuring that all importers through the borders
bring their rice through approved routes, after paying the extant duty.Nigeria
spends over 1 billion dollars on rice importation annually, and rice duty
charges currently account for about 50 per cent of the entire revenue generated
by the Nigerian Customs Service.
thenewsnigeria.com.ng/.../association-of-rice-millers-and-importers-decr
Low methane rice research wins accolades but could take decades
for regulatory approval as genetically modified food
A new genetically modified rice
plant that produces virtually no greenhouse gas while it grows, has been recognised as one of the
top scientific projects for 2015.
In warm, waterlogged soil of the rice paddies, bacteria fed by
the exudates of rice roots produces tonnes of a heavy greenhouse gas a year.
"Around 100 million tonnes of methane comes from rice
paddies, 15 per cent of the total anthropogenic emissions of methane,"
biochemist Dr Christer Jansson, of the US Department of Energy, Pacific
Northwest National Laboratory said.Dr Jansson and a team of researchers across
three continents produced a rice plant that generates almost no methane, and
yields more rice.
Media player: "Space"
to play, "M" to mute, "left" and "right" to seek.
00:00
00:00
They spliced a barley gene that changes the way rice uses
carbon.Less carbon goes to the roots where in conventional rice it feeds
bacteria that generates methane; instead the carbon goes to the stem and grain."The
carbon in this that comes into the plant is mainly allocated to aboveground
biomass, and very little, less to the below ground biomass," Dr Jansson
said."In mature plants, methane production is reduced to almost nothing."It's
very dramatic."
Dr Jansson said extended field trials were needed to test if the
results were reproducible."But after two years of field experiments, and
one in the laboratory, we can drastically reduce, to almost zero, methane in
mature rice plants," he said."That's important as the world needs
more food in the future, and the warmer it gets, the more methane that will be
produced."The research by Dr Jansson in the United States, and Chuanxin
Sun of the Swedish University of Agricultural Sciences and China's Fujian
Academy of Agricultural Sciences and Hunan Agricultural University, published
their research in the journal
Nature in 2015.
It has also won the Best of What's New award for 2015 by the
magazine Popular Science.Dr Jansson hoped recognition would mean a greater
consumer awareness of genetically engineered rice as it went through the
regulatory process."Based on previous GMO crops intended for food, it will
probably take 10 to 20 years," he said."That's disappointing."We
hope that given this is improving not only food production but also greenhouse
gas mitigation we hope the public acceptance would be improved by this specific
low methane rice."
http://www.abc.net.au/news/2016-01-05/low-methane-rice-wins-popular-science-reward/7067984
Seaweed extract may boost rice production
Speed read
·
Seaweed extract increased rice output by over
30 per cent
·
The process and product is safe,
environment-friendly and inexpensive
·
It is also effective on vegetables such as
cabbage and mungbean
“Using
gamma radiation, we were able to cut up the polymer into oligomers without
using chemicals or complicated and expensive processes.”
By Lucille Abad, PNRI
Scientists at the Philippine Nuclear Research Institute (PNRI) have developed the carrageenan plant food supplementor (CPFS), which is derived from carrageenan extracted from red edible seaweeds. Carageenan is widely used for its gelling, thickening and stabilising properties in the food industry and as a binder in toothpaste and shampoo. In a study published in Radiation Physics and Chemistry this January, the PNRI scientists showed that carrageenan-derived polysaccharide, a carbohydrate, enhances rice growth when degraded through a “very small dose” of gamma radiation.
Plant food supplements are substances that improve the overall health, growth and development of plants, says lead researcher Lucille Abad, chief of PNRI’s chemistry research section.
The agricultural benefits of carrageenan are achieved from its building blocks: the long-chain carrageenan polymer that can be broken down into shorter chain fragments known as oligomers (“oligo” for few), Abad explains. These oligomers are readily absorbed by the plant to help their growth and development and also improve their resistance to diseases. “Using gamma radiation, we were able to cut up the polymer into oligomers without using chemicals or complicated and expensive processes,” she says. “CPFS can be made with nothing more than the organic carrageenan andwater processed by gamma radiation. The product that is formed is not and can never be radioactive. It is a clean and additive-free method that is safe, non-toxic, environment friendly and, most of all, effe
http://www.scidev.net/asia-pacific/innovation/news/seaweed-extract-may-boost-rice-production.html
Members of the 114 th Congress Return to
Washington Today
By Peter Bachmann
WASHINGTON, DC -- Later today, Members of the
U.S. House of Representatives will be returning to the Capitol to officially
kick off the Second Session of the 114th Congress. The Senate is scheduled to
return to Washington next Monday.Congress may be getting started for the year
but they're not expected to spend much time in action during 2016. The Senate
has tentatively scheduled 149 work days from their Washington offices and the
House just 111 days, and, because it's an election year, it may be an even
slimmer schedule.
There's a hefty pile of legislative items to be
addressed in 2016, several with importance to agriculture. Issues such as biotech food labeling, Waters
of the U.S. regulations, the Trans Pacific Partnership deal, welfare reform,
and immigration reform, among the annual items like budget and appropriations
all need to be debated. A high priority
item that USA Rice would like to see addressed would be the lifting of the
Cuban trade embargo.USA Rice will continue to follow Congress' agenda and rice
industry members will be visiting with Members of Congress on priority issues
next month during the Government Affairs Conference. Please stay tuned for conference details.
Colombia to Import 200,000 New Metric Tons of
Rice...But From Where?
By Sarah Moran
BOGOTA, COLOMBIA -- Nearly one-third of
Colombia's provinces are in a state of emergency due to extreme drought caused
by El Niño, prompting the Colombian government to allow additional rice imports
to maintain adequate inventory.
On December 22, 2015, Colombia's Ministry of
Agriculture published a decree stating that 200,000 MT of rice imported in 2016
would be from the Andean community and third countries, under existing
tariffs. This decree proposes to bring
in tonnage above the United States' 2016 TRQ allotment of 94,209 MT; however,
these additional imports would be subject to the relevant duty (56 percent duty
for Paraguay, 64 percent duty for Mercosur and 80 percent for the U.S.,
Thailand, and others). The 80 percent
duty for U.S. rice, coupled with the strength of the U.S. dollar, may create an
opening for Thai rice in the near term to fill the Colombian short fall.
"Colombia is our third largest market and
with ample rice supplies in the current U.S. market, the U.S. is in a position
to provide this additional rice to Colombia," said Jim Guinn, USA Rice
vice president of international promotion.
"Imports of the Andean Community have historically been assigned to
mills according to domestic harvest purchases; USA Rice is investigating
whether this would occur with this allotment of 200,000 MT."
Guinn continued, "In addition, USA Rice is
in regular dialog with the U.S. Department of Agriculture's Foreign
Agricultural Service in Bogotá as well as Fedearroz (Federation of Colombian
Rice Producers) and Induarroz (Colombian Rice Industry) to make the strong case
to buy U.S.-grown rice which has the quality and reliability they are
seeking."
01/05/2016 Farm
Bureau Market Report
Rice
High
|
Low
|
|
Long Grain Cash Bids
|
- - -
|
- - -
|
Long Grain New Crop
|
- - -
|
- - -
|
|
Futures:
|
|
Rice Comment
Rice futures were higher across the board
today. March charted a bullish key reversal today, and is potentially working
on charting a bull flag, which would suggest the potential of adding an
additional 70 cents to the market from the breakout point if the chart pattern
holds. There is also a chart gap between $12.31 and $12.41 that could be an
upside target for bulls. The market is finding support from tightening world
stocks and concerns about the current El Nino weather pattern impacting
production.
700,000 tons of rice is wasted annually
According to the World Food Program, some 795 million people in
the world — about one in nine people on earth — do not have enough food to lead
a healthy active life. (AFP)
ARAB NEWS
Published — Tuesday 5 January 2016
ARAB NEWS
Published — Tuesday 5 January 2016
Last update 5 January 2016 12:34 am
JEDDAH: Around 700,000 tons of rice worth over SR2 billion is
wasted per year in Saudi Arabia and putting a control on this will help the
economy in a big way, say experts.Rice in particular amounts to huge wasted
quantities because of banquets, celebrations and social occasions involving providing
food for guests, of which 40 percent ends up in the garbage, local media has
reported.
Outside East Asian countries, Saudi Arabia is the largest rice
consumer in the world with an annual consumption of 1.4 million tons, worth
about SR5 billion.India tops the countries in the world in exporting rice to
the Kingdom, with imports accounting for about 68 percent of the total imports
by Kingdom. During the current
year, rice prices recorded an increase by 5 percent, equivalent to 31 halala
per kilo, although prices of the commodity in India decreased last year.Nasser
Al-Tuwaim, former chairman of the Saudi Consumer Protection Association (CPA),
was quoted as saying that several parties and factors are responsible for the
increase the prices of rice.
"Unscrupulous merchants, extravagant consumers,
monopolization practices and alluding to a limited number of importers are the
main reasons for such price hikes during past years." Economist Osama Filali said that the
excessive wastage of food items have negative impacts on citizens and the
national economy. “The wastage
and extravagance we witness during banquets and celebrations need a firm and
serious stand from authorities to oblige kitchen owners not to respond to the
demands of people who order unneeded and unjustified quantities of food,” he
said. Hasan Ahmad, head of the
Bussma youth volunteer group, said the group has established a project to stop
abundant food leftovers during social occasions.
“The project started with the idea to put a curb on food wastage
and extravagance, and encourage people to rationalize in consumption,
especially leftover food which is usually thrown into the garbage bins despite
there being poor people who badly need it. Since that moment, the group adopted
the project as one of its activities and put in place mechanisms on how to work
out the tasks and achieve the objectives of the project,” he added.He explained
that the youths coordinate with halls and lounges where a wedding or a social
occasion is held, and they collect food leftovers, wrap it in clean plastic
containers and then distribute it among the needy, cleaners in particular.
Economist Farouk Al-Khatib said consumer behavior represents the main reason for the high demand for rice, which is the main meal for Saudi families. “It is a known economic fact that when demand is high, prices increase. The solution in this case is to rationalize consumption by raising awareness among people on the importance of saving and rationalyzing in consumption,” he said. Meanwhile, Jeddah Municipality Spokesman Mohammad Al-Bugamy said the general directorate for hygiene distributed about 900 containers for saving bakery products with nine contracts for cleaning companies in Jeddah, including 14 sub-municipalities.He added that the daily volume of waste and garbage stands at 6,000 tons, of which wasted food accounts for 60 percent. He called on residents in Jeddah to cooperate with the municipality to reduce such food waste by redistributing it to the needy instead of throwing it in the garbage
http://www.arabnews.com/saudi-arabia/news/860406
Black rice is the latest
superfood. Here's why!
Known with
varied names like magic rice and forbidden rice, black rice has always seemed
exotic.
A rarity in the food world, those fascinated with it after knowing its health benefits, now have an option to eat it at a restaurant or just grab a packet from a gourmet supermarket and cook it at home.
A great health choice
It is the only rice to contain the antioxidant
known as anthocyanins, which is found in dark-hued fruits and vegetables like
blueberries, blackberries, dark grapes, dark cherries, purple brinjals, purple
cabbage and purple corn amongst others. Nutritionist Dhvani Shah says,
"Black rice contains high amounts of antioxidants, dietary fibre, minerals
and other anti-inflammatory nutrients. It is the richest source of the
antioxidant, anthocyanin, which is known to be cancer fighting, beneficial for
heart health and imflammatory conditions."
Has export potential
Slightly tricky to grow in terms of yield, it is harvested only in India and China. In India, it is mainly grown and consumed in Manipur where it is known as Chakhao. It has cultural and traditional significance to the people of Manipur and other parts of Northeast India where no celebration is complete without a delicious serving of black rice. On the occasion of the World Food Day in October, the Indian government also put an action plan in place to promote unique varieties of rice with a prominent status for black rice. As people discover the numerous health benefits that whole grain black rice has to offer and with it being touted as the new cancer fighting super food, which can also prevent heart disease, black rice has a good market potential, especially in the overseas markets, as the demand for the same is growing in the USA, Australia and Europe.
Winner amongst the variety of rice
White rice, red rice and brown rice have been around for long but amongst these, black rice might emerge as the clear winner in nutritional and health benefits. Says clinical nutritionist Kanchan Patwardhan, "While polishing white rice, vitamins and minerals especially Vitamin B2, B6 and B12 in large amounts are lost whereas black rice comes packed with micro nutrients. As compared to other varieties of rice, the glycemic index of black rice is 42, which is a very good score for weight watchers and diabetics."
Pleasant nutty flavour makes it popular
The texture of black rice is a bit heavier as compared to other varieties of rice but its natural flavour is rich and sweet. It has a pleasant, nutty flavour, best enjoyed with coconut milk and in sweetened desserts, particularly rice puddings. Black in colour when harvested, once cooked it turns deep purple. Popular in cuisines in Kerala and North Bengal, it is also a good option to make European salads or Italian dishes like risotto. Currently available at high-end restaurants, it seems to be steadily gathering support. "I had the black sticky rice soup with palm sugar at one of the restaurants in town. It was purple in colour and had the texture of kheer but the taste was completely different. After knowing the properties, I am going to try and make it at home too soon," says homemaker Shanti Sen.
Tips to cook black rice
- Black rice takes longer to cook than white rice so to cut down on cooking time, soak it overnight or much before you start cooking.
-You can cook a batch in advance and keep it in the refrigerator for several days and then use it in varied dishes over the week.
-Remember, the darker the rice, the better it is but the black colour can stain your clothes while cooking.
-Select the right variety of rice for the recipe you choose since there are several varieties of black rice, including long jasmine, glutinous Thai and the short-grained version. The long-grain rice is the true 'forbidden rice' and is good for salads, while the short-grained rice created as a hybrid can be adapted to European recipes. The glutinous Thai rice cooks up much like glutinous white rice, making it great to make sushi and rice pudding.
- If you find the taste a bit too earthy, blend the rice kernels into a powder and sprinkle on salads, fish and meat dishes or add dry spices to the powder to make dry chutney.
- To start with, begin by making it in smaller portions and introduce it during regular meals till you adjust to the taste.
A rarity in the food world, those fascinated with it after knowing its health benefits, now have an option to eat it at a restaurant or just grab a packet from a gourmet supermarket and cook it at home.
A great health choice
Has export potential
Slightly tricky to grow in terms of yield, it is harvested only in India and China. In India, it is mainly grown and consumed in Manipur where it is known as Chakhao. It has cultural and traditional significance to the people of Manipur and other parts of Northeast India where no celebration is complete without a delicious serving of black rice. On the occasion of the World Food Day in October, the Indian government also put an action plan in place to promote unique varieties of rice with a prominent status for black rice. As people discover the numerous health benefits that whole grain black rice has to offer and with it being touted as the new cancer fighting super food, which can also prevent heart disease, black rice has a good market potential, especially in the overseas markets, as the demand for the same is growing in the USA, Australia and Europe.
Winner amongst the variety of rice
White rice, red rice and brown rice have been around for long but amongst these, black rice might emerge as the clear winner in nutritional and health benefits. Says clinical nutritionist Kanchan Patwardhan, "While polishing white rice, vitamins and minerals especially Vitamin B2, B6 and B12 in large amounts are lost whereas black rice comes packed with micro nutrients. As compared to other varieties of rice, the glycemic index of black rice is 42, which is a very good score for weight watchers and diabetics."
Pleasant nutty flavour makes it popular
The texture of black rice is a bit heavier as compared to other varieties of rice but its natural flavour is rich and sweet. It has a pleasant, nutty flavour, best enjoyed with coconut milk and in sweetened desserts, particularly rice puddings. Black in colour when harvested, once cooked it turns deep purple. Popular in cuisines in Kerala and North Bengal, it is also a good option to make European salads or Italian dishes like risotto. Currently available at high-end restaurants, it seems to be steadily gathering support. "I had the black sticky rice soup with palm sugar at one of the restaurants in town. It was purple in colour and had the texture of kheer but the taste was completely different. After knowing the properties, I am going to try and make it at home too soon," says homemaker Shanti Sen.
Tips to cook black rice
- Black rice takes longer to cook than white rice so to cut down on cooking time, soak it overnight or much before you start cooking.
-You can cook a batch in advance and keep it in the refrigerator for several days and then use it in varied dishes over the week.
-Remember, the darker the rice, the better it is but the black colour can stain your clothes while cooking.
-Select the right variety of rice for the recipe you choose since there are several varieties of black rice, including long jasmine, glutinous Thai and the short-grained version. The long-grain rice is the true 'forbidden rice' and is good for salads, while the short-grained rice created as a hybrid can be adapted to European recipes. The glutinous Thai rice cooks up much like glutinous white rice, making it great to make sushi and rice pudding.
- If you find the taste a bit too earthy, blend the rice kernels into a powder and sprinkle on salads, fish and meat dishes or add dry spices to the powder to make dry chutney.
- To start with, begin by making it in smaller portions and introduce it during regular meals till you adjust to the taste.
http://timesofindia.indiatimes.com/life-style/health-fitness/diet/Black-rice-is-the-latest-superfood-Heres-why/articleshow/50439583.cms
Rice price to be main driver of poverty in 2016
Anton Hermansyah, thejakartapost.com, Jakarta | National | Tue,
January 05 2016, 8:45 AM
Late season: A farmer ploughs his rice field
in Wongkaditi, Gorontalo, on Wednesday. Due to the late arrival of the rainy
season, farmers in Gorontalo have only just begun to plant rice in their
fields. Earlier in 2015, farmers suffered through a long drought. (JP/Syamsul
Huda M. Suhari)
The price of rice, one of the
nation’s staple foods--especially for the poor, continued to rise in 2015
according to Central Statistics Agency (BPS) statistics.The latest BPS data
shows that the rice price rose 7.2 percent in 2015, continuing the upward trend
in 2014 of 12 percent.Quoting the latest results of the National Social Economy
Survey (Susenas), BPS Head Suryamin said that 22.1 percent of rice in urban
areas and 28.74 percent in rural areas was consumed by the poor. However, the purchasing power of farmers remained relatively unchanged.
Based on BPS data, the farmer's exchange rate only rose 1.5 percent, from
101.32 in 2014 to 102.83 in 2015, far below the rice price increase of 7.21
percent.
Economist Faisal Basri in an
online analysis warned about the risk of an increasing amount of people living
in poverty as the rice price had soared above the rate of inflation while the
international price was down. "Such a rise would hit the
poor as one third of their outcome is spent on rice," he said.According to
World Bank data, as of November 2015 the global rice price decreased by 5.7
percent year-on-year compared to Nov. 2014, continuing the previous decline of
1.96 percent compared to November 2013. In November 2015, Thai white rice stood at Rp 4,897,433 per
metric ton, while Indonesian white rice, considered to be of a similar quality,
was priced at Rp 9,564,26, almost two times higher.
Cigarettes
Ironically, cigarettes were the second-highest consumption item among the poor.The 2015 Susenas showed that cigarette consumption among the poor stood at 8.1 percent in urban areas and 7.68 percent in rural areas.Suryamin expressed his regrets that the poor were spending such a large amount of money on an item that did not provide sustenance.The BPS statistics showed that the rate of poverty in the nation has not been significantly reduced in recent years, with the percent of the population classified as “poor” remaining at 11 percent over the last three years. (ags)
http://www.thejakartapost.com/news/2016/01/05/rice-price-be-main-driver-poverty-2016.html#sthash.9qj
NFA plans to
import rice from Vietnam, Thailand
The top NFA official was on a three-day swing of the Caraga region
that ends today, including on-the-ground inspection of all the agency’s
warehouses spread all over the region.
The NFA administrator will also scrutinize the quality of rice
being sold public markets, as well as the prevailing prices for the basic
commodity.Dalisay assured the public that NFA rice remains at P27 and P32 per
kilo.He also made sure that rice stocks in NFA were properly secured and would
not be vulnerable to isolation in case of untoward incidents.He also conducted
meetings with the agency’s regional, provincial and city officials and
employees.In a meeting, he directed officials of the NFA in Caraga region to
complete minor repairs of some warehouses that were damaged by the series of
typhoons since 2013
image: A worker stands on a pile of
rice sacks at the National Food Authority’s warehouse in Quezon City. (MB file
photo)
Soaring food prices lead to increase in poverty
Arya Dipa, Apriadi Gunawan and Panca Nugraha, The Jakarta Post,
Bandung/Medan | Archipelago | Tue, January 05 2016, 3:05 PM
Due to the increase in staple food
prices, the number of underprivileged people, especially in urban areas, has
increased, especially in West Java and North Sumatra.The number of
poverty-stricken people in West Java, the most populated among the country’s 34
provinces, increased to 4.48 million people as of September 2015, according to
the Central Statistics Agency (BPS), compared to 4.43 million people in March
last year, a rise of 9.57 percent of the total population, in a province of 45
million people.The BPS West Java chapter’s statistics affairs head, Dyah
Anugrah Kuswardani, said that the increase in the number of underprivileed
people, as shown in the agency’s September survey, was due to the soaring
prices of staple foods.
“The dominant factor affecting
the poverty line is food commodity. People in the lower economic class spend
more on food than housing, clothes, education and health,” Dyah said on Monday. The survey also recorded a higher number of underprivileged
people were found in West Java’s urban areas, she added, saying that
poverty had affected 2.7 million people in urban areas and 1.77 million in
rural areas. The number of underprivileged people increased by 68,137 people,
while in rural areas the figure had decreased by 18,182 people, she added.Nationally,
the number of poverty-stricken people in West Java ranked 19, better than
Central Java, which ranked 13, Yogyakarta 14 and East Java 15. “Jakarta is the last, Banten province ranked 30, that’s better
than West Java,” Dyah said.Meanwhile, in 2014, the number of underprivileged
people in North Sumatra stood at around 1,360,000 people, or 9.85 percent of
its population.
The figure rose further in March 2015 to
1,463,670 people and increased again in September to 1,508,140 people, or 10.79
percent of the total population of the province.North Sumatra BPS head Wien
Kusdiatmono said the increase in the number of underprivileged people in the
province had been heavier in urban, rather than rural areas. In the period between March and September 2015, the number of
underprivileged people in urban areas had increased from 699,000 to 727,760
people, a rise of 28,460 percent, Wien added.In rural areas, according to Wien,
the growth in the number of underprivileged people had been lower, from 764,370
people in March 2015, to 780,380 people in September 2015.He added that in
urban areas, an underprivileged person was likely to earn an average monthly
income of Rp 369,878 (US$26), compared to Rp 352,637 in rural areas. He said the rise in the number of underprivileged people in
North Sumatra had been caused by various factors, including the 1.43 percent
inflation rate rise.Meanwhile, the BPS office in West Nusa Tenggara (NTB)
recorded 802,290 underprivileged people as of September 2015, 16.54 percent of
NTB’s total population of 4.85 million.
“The number of underprivileged
people in September 2015 dropped by 21,600 people, 0.56 percent, compared to
the March 2015 figure of 823,890 people,” said NTB BPS head Wahyudin at his
office in Mataram on Monday.The decrease in poor people in the province had
been due to lower inflation caused by a decrease in the price of rice,
explained Wahyudin.
According to BPS, the number of poverty-stricken people across the country had reached 28.59 million by March 2015, 11.22 percent of the total population of 255 million, an increase from the previous survey figure of 27.73 million.
According to BPS, the number of poverty-stricken people across the country had reached 28.59 million by March 2015, 11.22 percent of the total population of 255 million, an increase from the previous survey figure of 27.73 million.
http://www.thejakartapost.com/news/2016/01/05/soaring-food-prices-lead-increase-poverty.html#sthash.FrLqr4ZV.dpuf
Full-year inflation in check in 2015
Tassia Sipahutar, The Jakarta Post, Jakarta | Business | Tue,
January 05 2016, 5:20 PM
Overall prices of goods and services
remained in check last year as the annual rate fell below the official target,
the Central Statistics Agency (BPS) announced on Monday.Data from the BPS
showed that inflation throughout 2015 reached 3.35 percent, with December
inflation standing at 0.96 percent.The result was below the government’s
expectation of 5 percent, but slightly higher than the 3 percent estimated by
Bank Indonesia (BI).All cities surveyed by the BPS reported inflation in
December, with Merauke in Papua posting the highest rate at 2.87 percent and
Cirebon in West Java province posting the lowest at 0.27 percent.Food and
ingredients were two of the biggest contributors to inflation last year,
according to the data.
Rice, for example, topped the
list as it contributed 0.31 percent to the total inflation figure, followed by
shallots in third position, broiler chicken in fourth and fresh fish in fifth.
Cigarettes, meanwhile, were second on the list.BPS head Suryamin lauded the
government and central bank’s efforts to control inflation, saying the rate was
the lowest posted in the past five years.“Last year’s core inflation rate of
3.95 percent was also the lowest since 2011. It meant that prices did not get
out of control, even though some upticks were recorded,” he said.BI Governor
Agus Martowardojo acknowledged that there were pressures approaching year-end. “We saw rising prices of shallots, chillies, chicken and eggs.
We have met with the government, especially
ministries under the Office of the Coordinating Economic Minister, to better
prepare for inflation in the future,” Agus said.In a separate meeting held last
week, Coordinating Economic Minister Darmin Nasution said he was prepared to
import several commodities to control inflation, such as rice, cattle, sugar,
corn and soybeans.At least 460,000 tons of rice will be imported in January to
ensure 1.35 million tons of rice stocks by the end of March.“We need to import
rice in January because we are planning to conduct market operations between
January and February to provide rice for the people,” he said.“This is
important because we are anticipating a possible shortage due to a shift in the
harvest season from the El Niño [weather phenomenon].
”Darmin added that the government
expected the country to pass the lean season and domestic production to return
to normal by April.Meanwhile, OCBC Bank economist Wellian Wiranto wrote in a
research note that the inflation result came above market expectations, but
“nonetheless represents the lowest year-on-year price increase that the economy
has seen since early 2000”.Wellian added that even though December inflation
was higher than expected, “it is still keeping the real rate so lofty that it
would not tie Bank Indonesia’s hands in cutting rates this month”.
Glenn Maguire, ANZ chief
economist for South Asia, ASEAN and the Pacific, questioned whether BI would
use what could be a three-to-four month window of pronounced disinflation to
cut interest rates.“We increasingly suspect the answer to that question is
yes,” Maguire said, adding that ANZ had penciled in a rate cut of 50 basis
points in the first half.
According to ANZ, an annual disinflation impulse was likely to occur, especially as the government plans to slash the prices of Premium, Pertamax and Pertalite gasoline, diesel and liquefied petroleum gas on Tuesday.
According to ANZ, an annual disinflation impulse was likely to occur, especially as the government plans to slash the prices of Premium, Pertamax and Pertalite gasoline, diesel and liquefied petroleum gas on Tuesday.
Rice warehouses are put back on the table in talks with China
Tue, 5 January 2016
“The three companies have come together and proposed a plan for
warehousing,” Ratha said.Construction on the three facilities is planned for
2016, but Ratha said the firms need to confirm a start date after looking into
the logistics of the plan.The Cambodian government last year had drafted a
memorandum of understanding asking the Chinese government for a $300 million
loan to build 10 warehouses across the country, capable of storing 1.2 million
tonnes of paddy. As of July last year, the two sides were still negotiating the
conditions and requirements of the agreement.The recent visit of the Chinese
delegation was linked to the Cambodian government’s proposal last year and was
“under the same package”, with negotiations still under way on the working
capital of the rice sector, according to Mey Kalyan, project leader and senior
adviser to the Supreme National Economic Council.
“[The agreement] is a work in progress,” he said. “There are
many players and interests to consider before finalising this.”According to
Kalyan, multiple interests had to be considered before going forward with the
plan, given that the building of the warehouse will be a public project, but
utilisation will be by the private sector.“We have to know what we want do and
do it correctly,” Kalyan said. “We will resolve it as soon as possible and move
forward carefully.”Given that Battambang, and other neighbouring provinces like
Pursat and Banteay Meanchey account for a third of the country’s paddy output,
the new warehouses were welcomed by Kann Kunthy, CEO of rice miller Brico.However,
Kunthy said it would be more useful if the warehouse were equipped with drying
facilities, which would mean that fresh paddy could be dried and stored for a
long period of time.
“The big harvest is in November and December, which means you
must have a huge warehouse with first-class drying facility to be used during
these two months and then the paddy can be used for milling for the next 10
months.”While currently millers and exporters have limited storage facilities,
which means they are only able to buy a limited amount of fresh paddy and sell
it, a warehouse with dried paddy stock would help increase exports across
different markets, Kunthy added.“Milled rice from fresh crop, within three
months of harvesting, is for markets like Malaysia, China and certain parts of
Europe where Southeast Asian people live,” he said. “They prefer more aromatic
and soft rice.”“The second market is Singapore, Europe and the US, which prefer
older paddy because the rice is not as sticky.”
Contact author: Ananth
Baliga
A worker counts sacks of rice at
a grain warehouse in Phnom Penh yesterday. Yesterday the Ministry of Commerce
announced that it was considering proposals from China for a
multimillion-dollar rice warehousing project. Hong Menea
http://www.phnompenhpost.com/business/rice-warehouses-are-put-back-table-talks-china
Climate-friendly rice growing method yields more
Philippine Daily Inquirer
12:09 AM January 6th, 2016
January 6th, 2016
12:09 AM
LA UNION farmer Federico Rullamas has a lot
to smile about. His second season crop of high-value organic red rice not only
fetched him a very good price in the market, his yield of 170 cavans per
hectare also won him the “Highest Yielder for Naturally Grown Organic Rice
Farming” award in 2015.Rullamas used a new method of growing rice called the
system of rice intensification (SRI), which involves a simple set of rice
management practices that farmers can easily learn in one season. He also
supplemented SRI with composted chicken manure plus home-made organic sprays
which he learned from SRI Pilipinas trainer Venancio Garde Jr.ADVERTISEMENT
Garde calls
his original formulation the “soil nutrient enhancer” but adds that this is no
secret and that it can be learned for free via text to SRI Pilipinas Hotline
(0939-1178999).Rullamas learned the new method from training that was jointly
sponsored by the local government of Aringay, La Union, and SRI Pilipinas.
Through the efforts of agriculture committee
chair Ramsey Mangaoang and the full support of town Mayor Eric Sibuma and Vice
Mayor Charlie Juloya, the Aringay Sangguaniang Bayan has allotted P300,000
yearly for the conduct of SRI training among Aringay’s rice farmers every
planting season. More than 100 Aringay farmers graduated from the training last
November.Following the method, Rullamas planted very young 12-day old rice
seedlings singly, at a distance of 12 inches (30 cm). He practiced alternate
wetting-and-drying and used a mechanical weeder to control weeds.
For his efforts, Rullamas was rewarded
amply. He got an average of 26 tillers per plant (more than double the typical
number) and 41 cavans from his 2,400-square meter field—an impressive yield of
about 8.5 tons or 170 cavans per hectare, compared to the national average of
about 80 cavans.Rullamas’ growing method is considered very climate-friendly,
because it minimizes carbon dioxide emissions by avoiding fossil-based chemical
fertilizers and reduces methane emission by drying the rice field regularly.SRI
is also considered climate-resilient, because the resulting rice plants are
also sturdier, deeper-rooted, and therefore less vulnerable to droughts, floods
and high winds.For farmers like 47-year-old Rullamas who are threatened with
increasingly more extreme weather events due to climate change, that is a lot
of benefit, considering that the method is also less costly than its
conventional counterpart.
(For details, contact Mr. Mangaoang at
0920-8788979 or Roberto Verzola, 0917-8117747)
INQUIRER.net
NFA plans to import rice from Vietnam,
Thailand
January 5, 2016
Butuan City – The National Food Authority (NFA) is planning to
import more rice from Vietnam and Thailand in an ensure ample supply of rice
throughout the country this year.Despite the bumper rice stocks that are
currently deposited in various areas of the country and this region (Caraga),
the NFA said it has keen on implementing the plan so that there would be enough
supply of rice in times of calamity and disaster in 2016.
According to NFA Administrator Renan B. Dalisay, the agency was
planning to import at least 50,000 tons of rice from Vietnam and Thailand.“(This
is to) see to it that we have enough rice in time of calamities that can
immediately be dispatched to various disaster councils and local government
units,” the NFA official said.The top NFA official was on a three-day swing of
the Caraga region that ends today, including
on-the-ground inspection of all the agency’s warehouses spread all over
the region.The NFA administrator will also scrutinize the quality of rice being
sold public markets, as well as the prevailing prices for the basic commodity.Dalisay
assured the public that NFA rice remains at P27 and P32 per kilo.
He also made sure that rice stocks in NFA were properly secured
and would not be vulnerable to isolation in case of untoward incidents.He also
conducted meetings with the agency’s regional, provincial and city officials
and employees.In a meeting, he directed officials of the NFA in Caraga region
to complete minor repairs of some warehouses that were damaged by the series of
typhoons since 2013. Rice being sold at markets at the quoted P27-P32 by NFA is not the
imported variety from Vietnam or Thailand but in fact poorly processed local
rice. Most of the imported rice becomes re packed and sold at very expensive
prices. The imported rice complies with international rice standards whereas
the local ones don’t as long as the NFA officials are making their “cut” from
both sides.
http://www.mb.com.ph/nfa-plans-to-import-rice-from-vietnam-thailand/#yCpt0I7Py9AVi2Fz.99
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