Paddy rice
futures contracts to be traded on PMEX
ISLAMABAD: The Securities and Exchange Commission of Pakistan
(SECP) has approved super basmati paddy rice
futures contracts for listing on the Pakistan Mercantile
Exchange (PMEX).
The move will promote the electronic trading of agricultural
commodities through the PMEX platform, a statement said on Wednesday. The SECP
expects it will also help protect the interests of farmers in the agriculture
value chain.The last item inducted for trading into the PMEX was red chilli,
which was introduced as pilot project in August 2015 and was subsequently
rolled out on a full scale. In the current season, over 1,000 tonnes of red
chilli were traded through the electronic platform of the PMEX.
The super basmati follows Irri rice, red chillis, cotton, palm
oil, sugar and wheat that have already been listed for futures trade on the
mercantile exchange. Non-agri listed products are copper, gold, silver and
crude oil.The SECP said benefits of using the PMEX platform includes
quality-tested products, swift payment within 24-48 hours, price transparency
and guaranteed delivery and settlement through the exchange’s mechanism.
The PMEX is the first exchange in the country to employ modern
risk management techniques based on value-at-risk with a pre-trade risk check
in real time.
The exchange acts as a central counterparty to both buyers and
sellers and provide clearing and settlement using an online bank transfer
mechanism.
The SECP said it is bringing reforms to agricultural commodity
trading by encouraging traders to make use of the PMEX platform as a modernised
route for buying and selling agricultural commodities in Pakistan.
The SECP has also incorporated the concept of agriculture
promotion companies in the Draft Companies Bill 2016.
As a fully electronic exchange with nationwide reach, the PMEX
started its operations in May 2007 as a successor of the National Commodity
Exchange to broaden its mandate and scope of activity to trade all types of
futures contracts.
The PMEX has an institutional shareholding. Its shareholders
include National Bank of Pakistan, Pakistan Stock Exchange, LSE Financial
Services, ISE Towers REIT Management Company, Pak Kuwait Investment Company and
Zarai Taraqiati Bank.
Published in Dawn, November 3rd, 2016
SECP approves paddy rice futures contracts for
listing with PMEX
05:52 PM, 2 Nov, 2016
http://www.radio.gov.pk/02-Nov-2016/secp-approves-paddy-rice-futures-contracts-for-listing-with-pmex
KENYA ACCEPTS ACTUAL PRICE OF PAKISTANI RICE
Wednesday, 02 November 2016 12:16
RIZWAN BHATTI
KARACHI: Kenya Revenue Authority (KRA) has agreed to the
valuation of Pakistani long grained white rice at actual price of $300-350 per
metric ton instead of $580 per metric ton previously. Exporters told Business Recorder on Tuesday that the KRA has suddenly revised the valuation of
several commodities including Pakistani rice upward side without consultation
of stakeholders. The KRA decision resulted in stuck of hundreds of Pakistan's
rice containers at Kenyan seaport.They informed that the valuation of Pakistani
rice, being calculated by the KRA, was much higher than the actual market
price, of which the importers were unable to get their imported rice
consignments. The KRA was imposing a valuation of $580 per metric ton on
Pakistan long grained white rice as against its actual valuation of $300 to
$350 per metric tons. Kenya rice importers are even ready to pay the taxes on
the actual price, however the KRA was insisting for higher valuation, they
mentioned.
"A trade X messaging system of the KRA is calculating higher valuation on all imports from Pakistan, that created panic among the exporters and imports", said Rafique Suleman, Chairman Rice Export Committee (FPCCI) and Convenor East Africa Committee of Rice Exporters Association of Pakistan (REAP).
Hundreds of Pakistani rice containers have been held at Mombasa Port due to valuation issue and importers are worry of increasing the cost of the commodity due to demurrages, he added. He said that now the price valuation issues have almost finalised with the KRA and release of Pakistani rice consignments are likely to start soon. "On request of REAP, Pakistani Commercial Counsellor Zahid Qadeer in Nerobi Keyna held a meeting with the KRA authorities and finally they have been agreed for actual valuation of Pakistani rice," he informed.
Pakistani Commercial Counsellor met the Commissioner Customs of the KRA and discussed the matter of overvaluation by customs authorities on Pakistani rice and Commissioner Customs (Kenya) have been agreed to resolve the matter by valuating Pakistani rice on current market price.
"As per assurance by the Commissioner Customs (KRA) the long grained white Pakistani rice will now be valued at a range of $300-350 per metric ton as against the previous demanded value of $580 per metric ton by the KRA," Suleman said. He said that during the meeting it has also decided that the price will be reviewed quarterly and chances of this problem rising again cannot be ruled out. Customs authorities were also assured that the verified prices of rice (different verities) will be provided to them after devising a mechanism in consultation with Ministry of Commerce (Pakistan) and REAP.
"It was also decided that both Ministry of Commerce and REAP will inform the KRA regarding alleged practices of under invoicing to curb it," he informed. Suleman said that in the light of these meeting, Pakistani Commercial Counsellor, has also requested REAP to co-ordinate with concerned section of ministry of commerce to work out a strategy for addressing the price issue. He said that as per REAP estimates some 600 containers carrying 15,000 metric ton rice cargo have been stuck at Kenyan port from the last one week due to valuation issue. He said that importers are facing huge storage and demurrage bills, which is harmful to Pakistan's potential business to Kenya.
"A trade X messaging system of the KRA is calculating higher valuation on all imports from Pakistan, that created panic among the exporters and imports", said Rafique Suleman, Chairman Rice Export Committee (FPCCI) and Convenor East Africa Committee of Rice Exporters Association of Pakistan (REAP).
Hundreds of Pakistani rice containers have been held at Mombasa Port due to valuation issue and importers are worry of increasing the cost of the commodity due to demurrages, he added. He said that now the price valuation issues have almost finalised with the KRA and release of Pakistani rice consignments are likely to start soon. "On request of REAP, Pakistani Commercial Counsellor Zahid Qadeer in Nerobi Keyna held a meeting with the KRA authorities and finally they have been agreed for actual valuation of Pakistani rice," he informed.
Pakistani Commercial Counsellor met the Commissioner Customs of the KRA and discussed the matter of overvaluation by customs authorities on Pakistani rice and Commissioner Customs (Kenya) have been agreed to resolve the matter by valuating Pakistani rice on current market price.
"As per assurance by the Commissioner Customs (KRA) the long grained white Pakistani rice will now be valued at a range of $300-350 per metric ton as against the previous demanded value of $580 per metric ton by the KRA," Suleman said. He said that during the meeting it has also decided that the price will be reviewed quarterly and chances of this problem rising again cannot be ruled out. Customs authorities were also assured that the verified prices of rice (different verities) will be provided to them after devising a mechanism in consultation with Ministry of Commerce (Pakistan) and REAP.
"It was also decided that both Ministry of Commerce and REAP will inform the KRA regarding alleged practices of under invoicing to curb it," he informed. Suleman said that in the light of these meeting, Pakistani Commercial Counsellor, has also requested REAP to co-ordinate with concerned section of ministry of commerce to work out a strategy for addressing the price issue. He said that as per REAP estimates some 600 containers carrying 15,000 metric ton rice cargo have been stuck at Kenyan port from the last one week due to valuation issue. He said that importers are facing huge storage and demurrage bills, which is harmful to Pakistan's potential business to Kenya.
http://www.brecorder.com/pakistan/business-a-economy/326047-kenya-accepts-actual-price-of-pakistani-rice.html
Haryana paddy arrival nearly
52.75 lakh tonnes
20 hours ago | 02-11-2016
IANS
NK Punjab, Chandigarh, Nov 2 : Nearly 52.75
lakh tonnes of paddy has arrived in the grain markets in Haryana this season,
food and supplies officials said on Wednesday. This is much higher than the
paddy arrival of 44.73 lakh tonnes during the same period last year.Procurement
of paddy in Haryana started almost a week ahead of the official procurement
commencement date of October 1.
Government procurement agencies have procured
about 49.54 lakh tonnes of paddy while nearly 3.2 lakh tonnes has been procured
by millers and dealers.
Karnal, Kurukshetra and Ambala districts were
leading in paddy arrivalshttp://www.newkerala.com/news/2016/fullnews-137889.html
Scientists
discover green rice in Chattisgarh
Chhattisgarh is traditionally known as the Rice
Bowl of India as over 20,000 rice varieties have been found here
43
Chinese agency to inspect basmati rice
production facilities for insectsICC to prepare vision document on rice for
OdishaFarmers say water allowed will not be sufficient for Samba cropLower rice
output to push up pricesCotton, rice and wheat output to go up in India
Chhattisgarh has discovered a new variety of
rice that is light green in colour.Though the development is at an early stage,
scientists in the state have started scientific study of the variety. Only
after conducting a detailed research, the scientists will come out with the
character of the seed.
“The seed discovered is rare and is light green
in colour,” A K Sarawgi, head of department of genetics and breeding in Indira
Gandhi Agriculture University, told Business Standard. The university is
conduction an in-depth study of the variety, he added.
The seed sample was provided to the university
by farmers from Dhamtari and Durg districts. The farmers had stocked the sample
as the variety was discovered far back and the farmers had even taken the crop.
Based on the sample, the university scientists
were conducting the study. According to Sarawgi, the result will provide the
additional characters of the variety that include its medical benefits,
cropeconomy.
This year, farmers were given sample seed for
multiplying. The scientists were waiting for the harvest that would enable them
to further study the variety's character. More varieties of paddy seeds were
expected to come out in the state.Chhattisgarh is traditionally known as the
Rice Bowl of India. Over 20,000 rice varieties have been recorded in the
region. These are a result of centuries of rice farming through selection and
adaptation to a variety of soil, water and micro-ecosystems conditions including
predators.
According to experts, the varieties were
extinct following market forces promoting high-yielding varieties and synthetic
fertilizer and pesticide-based croppinghttp://www.business-standard.com/article/economy-policy/scientists-discover-green-rice-in-chattisgarh-116110200609_1.html
Seminar on development of food value chain in
Africa underway
Wednesday
2nd November, 2016
By Patience A. Gbeze/Ms Rhema Bansah, GNA
Accra, Nov. 2, GNA – A day’s seminar on
development of food value chain in Africa 2016, aimed at offering Ghanaian
farmers the opportunity to network and gained knowledge from Japanese companies
in Africa, on Food Value Chain and technology know-how is underway in Accra.It
is being organized by the Ministry of Food and Agriculture (MOFA) in
collaboration with Japan’s Ministry of Agriculture, Forestry and Fisheries
MAFF, under the theme, “Creating New Markets by Linking Consumers, Producers,
Farmers and Economies”. It is to forge collaboration between the two countries
to increase awareness of food value chain in Africa.
It would also enable Japanese companies to
offer assistance to participants on how to improve Food Value Chain in Africa,
with the aim of creating new market by linking consumers, producers and
farmers.
Mr Nicholas Neequaye, Director, Agribusiness
Unit of MOFA, said the Ministry was involved in a lot of initiatives to
increase yield of farm produce, especially rice production in Ghana.The
Ministry, he said, is also providing support in terms of input, fertilizer,
research into improved varieties, and land acquisition, among others, which
also aimed at increasing farm produce in the country.He said the problem
Ghanaian rice farmers face is the preparation of the land and the Ministry is
trying to bring in more tractors to address the challenges of land
preparation.“We are also finding solutions to harvesting, storage and finding
markets for the produce,” he added.
Mr Neequaye said to improve the value chain the
Ministry provided milling facilities to rice farmers and currently Ghana has
the largest rice miller in the Northern Region.He noted that though people
complained about change in taste of local rice as compared to the imported
ones, “these millers are state of- the- art machineries with the capacity to
provide first quality grade of rice.He said the challenges are that demand for
rice consumption in Ghana is always increasing, which means that they have to
speed up production to meet the demand.
Currently, he said the country produces between
400,000 tons and 500,000 tons of rice annually and expressed the hope that with
the various interventions the Ministry is bringing on board Ghana would be able
to increase production in the near future.Answering question on what the
Ministry is doing to retrieve its productive lands being encroached upon by
real estate developers, Mr Neequaye said, the MOFA is determined to take back
all its arable lands for agricultural purposes.He stressed the need to enforce
the land use policy to give clear demarcation of farming lands and those that
are for real estate development.
Mr Shigeru Umetsu, Charge d’ Affaires of the
Japan Embassy, said Value Chain Development is relatively new approach to
Agricultural Development in Africa as a whole and in particular.He said the
approach is gradually gaining prominence and becoming the center-piece for
agricultural development strategies.“Establishment of Food Value Chain is key
to success for not only the agricultural sector but the general Ghanaian
Economy as well,” he said and expressed the hope that the enriching experiences
that would be gained would be put into good use in their various companies.Five
Japanese companies in Africa are attending the seminar to showcase their
machineries, products and technical know-how.
http://www.ghananewsagency.org/economics/seminar-on-development-of-food-value-chain-in-africa-underway-109680
Thailand's junta seeks to reassure
powerful rice farmers amid price plunge
By Patpicha Tanakasempipat
BANGKOK, Nov 3 (Reuters) -
Thailand's military government has rolled out a series of rescue packages in a
bid to help rice farmers, most of whom hail from the political heartlands of
the government it toppled, amid tumbling prices of the grain.
Farmers in Thailand, the world's
second-largest rice exporter, have traditionally been politically powerful and
many helped elect former prime minister Yingluck Shinawatra in 2011.
Her administration was removed in a
2014 military coup.
The military government has been
anxious to head off potential confrontation with farmers but said in its first
year in power that it also wanted to wean them off expensive populist schemes
such as a rice scheme introduced by Yingluck which bought rice from farmers at
above-market rates.
But in recent weeks the military
government has announced measures worth at least 59.28 billion baht ($1.70
billion) aimed at curbing market supply and stabilizing rice prices.
The measures come as the ruling
junta is trying to ensure a smooth transition following the death of much-loved
King Bhumibol Adulyadej and to maintain stability ahead of a 2017 general
election.
"There's a possibility for
tension, which could be used to incite political gatherings," said Kan
Yuenyong, executive director of Siam Intelligence Unit think-tank.
"The government fears the
situation would get out of control, so they have to intervene," he said.
FACEBOOK RICE
Global rice prices have plunged
over the past months as the world's largest rice producers anticipate an influx
of new stocks towards the end of the year.
Some Thai rice farmers have taken
matters into their own hands and are turning to social media network Facebook
to sell their grain, shunning rice millers, the industry's traditional
middlemen, whose prices they say are simply too low.
Nim Inthasorn, 33, who hails from
the northeastern province of Kalasin, said she has received orders for over 50
tonnes of rice since she started a Facebook page in October.
"I would hold the rice until
prices improve, but that isn't practical so this is what I can do now,"
she said.
Her family's jasmine rice fetches
around 7 baht ($0.20) per kilogram from rice millers, but on Facebook she can
sell it for 23 baht ($0.66) to 34 baht (0.97) per kilogram, she added.
But the trend is unlikely to take
over traditional methods of selling rice, said Pisanu Sangyoo, an analyst at
the Thai Rice Exporters Association.
"Most farmers still have to do
business with rice millers and exporters," he said.Government spokesman
Sansern Kaewkamnerd said this week the government supports farmers selling
their grain online. ($1 = 34.92 baht) (Editing by Amy Sawitta Lefevre and
Michael Perry)
Thailand's junta seeks to reassure
powerful rice farmers amid price plunge
By Patpicha Tanakasempipat
BANGKOK, Nov 3 (Reuters) -
Thailand's military government has rolled out a series of rescue packages in a
bid to help rice farmers, most of whom hail from the political heartlands of
the government it toppled, amid tumbling prices of the grain.Farmers in
Thailand, the world's second-largest rice exporter, have traditionally been
politically powerful and many helped elect former prime minister Yingluck
Shinawatra in 2011.Her administration was removed in a 2014 military coup.The
military government has been anxious to head off potential confrontation with
farmers but said in its first year in power that it also wanted to wean them
off expensive populist schemes such as a rice scheme introduced by Yingluck
which bought rice from farmers at above-market rates.
But in recent weeks the military
government has announced measures worth at least 59.28 billion baht ($1.70
billion) aimed at curbing market supply and stabilizing rice prices.The
measures come as the ruling junta is trying to ensure a smooth transition
following the death of much-loved King Bhumibol Adulyadej and to maintain
stability ahead of a 2017 general election."There's a possibility for tension,
which could be used to incite political gatherings," said Kan Yuenyong,
executive director of Siam Intelligence Unit think-tank.
"The government fears the
situation would get out of control, so they have to intervene," he said.
FACEBOOK RICE
Global rice prices have plunged
over the past months as the world's largest rice producers anticipate an influx
of new stocks towards the end of the year.Some Thai rice farmers have taken
matters into their own hands and are turning to social media network Facebook
to sell their grain, shunning rice millers, the industry's traditional
middlemen, whose prices they say are simply too low.Nim Inthasorn, 33, who
hails from the northeastern province of Kalasin, said she has received orders
for over 50 tonnes of rice since she started a Facebook page in October.
"I would hold the rice until
prices improve, but that isn't practical so this is what I can do now,"
she said.
Her family's jasmine rice fetches
around 7 baht ($0.20) per kilogram from rice millers, but on Facebook she can
sell it for 23 baht ($0.66) to 34 baht (0.97) per kilogram, she added.But the
trend is unlikely to take over traditional methods of selling rice, said Pisanu
Sangyoo, an analyst at the Thai Rice Exporters Association.
"Most farmers still have to do
business with rice millers and exporters," he said.Government spokesman
Sansern Kaewkamnerd said this week the government supports farmers selling their
grain online. ($1 = 34.92 baht) (Editing by Amy Sawitta Lefevre and Michael
Perry)
Commerce ministry to take action on rice price slump but price
floor in doubt
By su phyo win and Chan Mya Htwe
| Thursday, 03 November 2016
The Ministry of Commerce is
preparing to take action to combat a severe drop in rice prices threatening the
country’s farmers, which includes stepping up efforts to secure new export
markets. But some solutions suggested by agricultural industry groups – such as
a government-mandated price floor – risk raising a host of other problems,
Commerce Minister U Than Myint told The Myanmar Times.
Workers prepare
rice for drying next to a road during the harvest in Nay Pyi Taw. Photo - EPA
“We’ve been demanding that for
years,” said U Thein Aung, president of the Myanmar Freedom Farmer League. “We
don’t mean that the government has to buy at the highest prices. It would be a
fair price that covers the cost of production and fixed in a range where
consumers, producers and traders can all benefit.”Following a meeting with the
commerce ministry, U Soe Tun said the government was considering a minimum
price. But U Than Myint said it was unclear whether that would be
possible.“There are many challenges to setting a fixed price,” he said. “Who
will buy the rice at the fixed price? Does the government have the budget to
buy it? Where can we export to? Those questions are hard to answer.”
In many cases, traders and millers
are reluctant to purchase paddy because the Chinese export market has crumbled.
A minimum price would not help farmers struggling to find a buyer. In the
meantime, issues around storing surplus paddy and drying wet rice are still
unsolved.
“We need the government to support
rice drying to reduce the moisture,” said U Soe Tun, adding this was reducing
already pressured rice prices by over 25 percent.
Myanmar Agribusiness Public
Corporation (MAPCO) recently signed an agreement worth around US$3 million with
South Korean firm SK networks to import 100 grain dryers for rice and corn. The
dryers will go to the agribusiness service centres MAPCO is setting up in
Yangon, Mandalay and Ayeyarwady regions, but those are not expected to be
operational until January.
U Than Myint said the ministry was
focused on two measures that could be implemened in concert. The first is
altering a rule so that paddy can be exported directly, rather than finished
rice.
Rice traders are also planning to
push the government to lower administrative restrictions on where they can sell
rice within Myanmar. Yangon rice traders looking to make sales in Tanintharyi
Region and Rakhine State, for example, require permission from the Yangon
Region government.
The other measure the commerce ministry
is focussed on is to find new markets for rice and paddy exports other than
China. This is by no means a new initiative. Myanmar has been searching for new
export markets for some time, but has had difficulty inking successful
agreements.
A potential export agreement with
the Philippines last year fell through, mainly because Myanmar rice proved too
expensive and so the Philippines bought from Vietnam instead. Attempts to renew
a memorandum of understanding with Indonesia are
under way but yet to come to fruition.
under way but yet to come to fruition.
U Khin Maung Lwin, deputy secretary
at the commerce ministry, said the government was pursuing exports to the EU
and Indonesia, and trying again to form an agreement with the Philippines. He
was hopeful that the Indonesia agreement would be finalised soon.
“Indonesia will inform us of the
confirmed agreement date,” he said.The Philippines desires Myanmar rice, but at
the same price as it pays Vietnam, he added.The government has held meetings
with traders and rice industry officials to identify ways to lower production
and logistics costs that have made it hard to compete with other regional
exporters.In order to make progress on opening up new export markets the
government is planning a series of foreign trips, U Khin Maung Lwin added.“At the
earliest we’ll conduct visits with rice association representatives [to the EU,
Indonesia and the Philippines] before the end of this year,” he told The
Myanmar Times.
Although reliance on China for
exports has proved risky, the MRF’s U Soe Tun also wants to see an official
agreement with China put in place.“We can’t blame the Chinese government for
seizing [illegally imported rice] at the Muse border as it’s their right to
stop illegal trade,” he said. “But our government needs to agree quotas for Chinese
exports. We signed for 100,000 tonnes [of rice exports to China] last fiscal
year, and we are asking [the government] for a 200,000- tonne quota for border
trade and 200,000-tonne quota for shipments.”
U Khin Maung Lwin said the
government was attempting to hold diplomatic discussions with China to secure
those official export quotas.
U Ye Min Aung, managing director of
MAPCO, said that the MRF and MAPCO have invited Chinese state entities for
discussions on rice exports to be held this month. The state entity in charge
of export and import quality, the General Administration of Quality
Supervision, Inspection and Quarantine of the People’s Republic of China
(AQSIQ), is invited. China’s national macroeconomic agency – the National
Development and Reform Commission – will also
attend, said U Ye Min Aung.
attend, said U Ye Min Aung.
The discussion would help
“facilitate the [necessary export] certificates from related ministries meet
the [level of] quality demanded by China for border trade,” he added
http://www.mmtimes.com/index.php/business/23463-commerce-ministry-to-take-action-on-rice-price-slump-but-price-floor-in-doubt.html
N.
Korea imports rice on large scale in Sept.
North
Korea imported the largest-ever amount of rice from China on a monthly basis in
September since the launch of the Kim Jong-un regime in 2011, in an apparent
bid to stabilize prices, a U.S. broadcaster, monitored here, reported
Thursday.North Korea imported 18,477 tons of rice and other grains in
September, the Voice of America said, citing an analysis of data from China's
General Administration of Customs by Kwon Tae-jin, director of East Asia
research at GS&J Institute in South Korea.
The September figure was about 2.7 times higher than 6,954 tons imported in October and about six times higher than 3,158 tons imported a year ago in September, the broadcaster said.In particular, the North purchased 16,000 tons of rice from China in September, a monthly high since the start of the Kim Jong-un regime, and higher than the 14,000 tons imported during the first eight months of this year total, the broadcaster said.
Experts opined that the step is designed to stabilize rice prices at a time when the stock as hit its bottom the broadcaster said."This is the time when the harvest is around the corner, and the stock is nearly exhausted," Kwon said. (Yonhap)
The September figure was about 2.7 times higher than 6,954 tons imported in October and about six times higher than 3,158 tons imported a year ago in September, the broadcaster said.In particular, the North purchased 16,000 tons of rice from China in September, a monthly high since the start of the Kim Jong-un regime, and higher than the 14,000 tons imported during the first eight months of this year total, the broadcaster said.
Experts opined that the step is designed to stabilize rice prices at a time when the stock as hit its bottom the broadcaster said."This is the time when the harvest is around the corner, and the stock is nearly exhausted," Kwon said. (Yonhap)
https://www.koreatimes.co.kr/www/news/nation/2016/11/485_217429.html
Cabinet boosts rice subsidy to B13,000
Prayut claims scheme different to Yingluck's
2 Nov 2016 at 04:00
The cabinet has decided to increase its latest
rice subsidy to 13,000 baht per tonne for Hom Mali paddy in a bid to stem
potential protests from rice farmers who were dissatisfied with a proposed
subsidy of 11,525 baht.The decision followed a special meeting by the National
Rice Policy Committee which agreed to increase the subsidy a day after
initially proposing it.Commerce Minister Apiradi Tantraporn said the measure,
which took effect Tuesday and runs to Feb 28 next year, will cost about 20
billion baht, an increase of 8.6 billion baht, with about 2 million rice
farmers expected to take part in the scheme.
Newly harvested rice is set out for treatment
and drying at this northeastern mill. Prime Minister Prayut Chan-o-cha's
government now is offering up to 13,000 baht per tonne as a 'subsidy' to
farmers. (Post Today photo)
Of the 13,000 baht, 9,500 baht will be paid to
farmers to store their paddy in barns for a certain period of time, while the
remainder of the subsidy covers other costs, including quality maintenance and
storage.For participating farmers without rice barns, they will receive 9,500
baht per tonne plus 2,000 baht for harvesting and improvement costs, and
another 1,500 baht for storage costs.However, farmers who have no barns to
store the paddy will not receive the 1,500-baht storage cost payment.Ms Apiradi
said participating farmers are then expected to redeem their rice within five
months of joining the scheme.She said the rice committee decided to revise the
figure after officials concerned including those from the Interior Ministry
gathered more information about paddy rice prices.She also said that the price
is expected to change in the future, along with the subsidy rate to compensate
for such price fluctuations.
The subsidy increase came after farmer groups
disagreed with the original sum of 11,525 baht per tonne.
Prime Minister Prayut Chan-o-cha said the
subsidy programme should alleviate hardship for farmers, and pleaded with them
for their understanding.He said the government has a limited budget and needs
to strictly adhere to the law. "I hope the measure can more or less help
farmers," he said.He insisted that the subsidy measure is not against the
law and is different from the rice-pledging scheme implemented by the Yingluck administration.
Gen Prayut said he has ordered the Agricultural
Cooperatives Ministry, the Commerce Ministry and the National Council for Peace
and Order (NCPO) to the implement the measure and monitor warehouses for signs
of irregularities.He said the NCPO is investigating reports that politicians
and rice millers are manipulating paddy rice prices in a bid to provoke rice
farmers to protest against the government.
Gen Prayut insisted a subsidy programme is not
a sustainable solution and stressed that all stake holders in the rice
production industry will need to make changes and adhere to the rules to help
each other.Deputy Prime Minister Prawit Wongsuwon said the NCPO, provincial
governors and police will monitor the situation for signs of defiance among
farmers.He expressed confidence that the rice situation rice will not be
politicised.Government spokesman Sansern Kaewkamnerd said the prime minister
has asked security authorities to investigate whether there are people trying
to manipulate rice prices.
He said initial findings suggest there are
irregular activities in Phichit, with attempts to discredit the government and
convince farmers there that the government is mishandling the situation.About
90% of Hom Mali paddy is due to hit the market this month.Army chief
Chalermchai Sitthisart, also the NCPO's secretary-general, said troops have
been dispatched to investigate any instances of price manipulation before the
paddy hits the market
He said the army is considering buying rice
from farmer cooperatives to help them with distribution, and is sending troops
to help farmers with the harvest to save labour costs."We are trying to do
what we can. Ending the price slump is the government's job," he said.
Meanwhile, Democrat member Wirat Kallayasiri
said the rice price is being manipulated
by supporters of ex-premier Yingluck Shinawatra to distort information about
the rice-pledging scheme."They want to mislead the public into thinking
the government is turning a blind eye to their plight. Those who benefited from
the rice-pledging scheme are working to discredit the government and provoking
farmers," he said.
He called on the government to send local
officials to explain the matter to farmers, and to strictly enforce the law
against those allegedly trying to distort the market for political gains.Rawee
Rungruang, a rice farmer representative, said farmer groups are concerned about
reports that the Bank of Agriculture and Agricultural Cooperatives is refusing
to take rice from farmers in the lower part of the North because they grow
different grains.
Army wants mills to offer better deal
Visiting troops to 'urge' reasonable rice
prices
3 Nov 2016 at 05:00
NEWSPAPER SECTION: NEWS | WRITER: POST
REPORTERS
The junta's theory: Farmers grow and harvest
the rice, then take it to the mills, where operators pay the farmers a
pittance, prepare and bag the rice, and raise prices to get maximum profits.
(File photos)
The regime has deployed soldiers to "seek
cooperation" from all rice mills nationwide to buy grain from farmers at
"reasonable" prices in an effort to shore up rice prices.The move was
not aimed at threatening millers but seeking their cooperation not to drive
down prices, said Col Sirichan Ngathong, deputy spokesman of the National
Council for Peace and Order (NCPO).They will meet all mill operators across the
country, Col Sirichan said, adding the officers should have some knowledge
about rice affairs and be stationed in areas where they can ask to meet local
millers.
Soldiers will gather information about the
defects in the rice pricing mechanism which may have led to the recent fall in
prices, and listen to concerns raised by millers, she said.Armed forces will
buy grain from farmers through growers' cooperatives to feed 100,000 military
personnel as well as resell grain, she said.The purchase price is initially set
at 13,000 baht per tonne, in line with the government's recently introduced
subsidy programme.Prime Minister Prayut Chan-o-cha earlier blamed rice mill
operators and some local politicians for manipulating rice prices, causing the
price slump.
Thai Rice Millers Association president Manas
Kitprasert Wednesday insisted rice millers have not played a role in driving
down rice prices or worked with anyone to do so, despite claims to the
contrary.Millers bought grain in line with the market mechanism and the prices
were based on those quoted by exporters.He said the association and
representatives from millers across the country will go before the media today
to clarify the matter.The cabinet on Tuesday approved the rice subsidy scheme
at 13,000 baht per tonne for Hom Mali paddy to help farmers in the North and
the Northeast suffering from tumbling rice prices.
Of the 13,000 baht, 9,500 baht will be paid to
farmers to store their paddy for a certain period of time, while the rest of
the subsidy covers other costs, including quality maintenance and storage.The
programme took effect on Tuesday and it runs until Feb 28 next year.The head of
the Thai Agriculturist Association, Wichien Puanglamjeak, thanked the
government for rolling out the programme, which he said should make farmers
happy.He also called on the government to help Central Plains farmers who grow
other kinds of rice besides Hom Mali rice, and who are suffering from the
falling prices.Mr Wichien said the recent drop in rice prices was engineered by
exporters, rice packaging operators, millers and traders.
They drove down the prices of unmilled rice so
as to hoard it, believing the government would have to launch a new
rice-pledging programme, which would later buy their rice.Suthikorn Kingkaew, a
lecturer at Thammasat University's Department of International Business,
Logistics and Transport, said the recent fall in rice prices was in line with
an estimate predicting a huge supply around the world this year.This was also
coupled with the government's massive rice stockpile, which led rice millers
and traders to believe rice prices would fall in the future, he said.
Accordingly, they drove down the prices to ward
off possible losses.He said the government should reveal its stock and the rice
output likely to enter the market, so millers can gauge suitable prices.๋Jitti
Mongkolnchaiarunya, dean of Thammasat's Puey Ungphakorn School of Development
Studies, launched a programme Wednesday to draw buyers to buy rice directly
from farmers, after some farmers started selling directly via the internet.It
will offer space at the university for direct rice sales, lay out a rice
pre-order system and register farmer networks so buyers can contact them
directly online.
Agriculture and Cooperatives Minister Chatchai
Sarikulya said the ministry will buy paddy from farmers via agricultural
cooperatives and mill it for distribution to customers through 24 distribution
centres and their 120 sub-centres.Meanwhile, the Office of the Vocational
Education Commission has told its agencies to offer farmers assistance,
including milling rice free of charge, drawing up designs for rice packaging
and sharing knowledge on marketing.
The Department of Labour Protection and Welfare
has also vowed to contact provincial commercial offices to sell rice at
business operation facilities.
Below: Rice is put on sale at a makeshift tent
at Thammasat University's Puey Ungphakorn School of Development Studies, which
opened a space for farmers to sell rice directly to customers Wednesday. The
activity at the Rangsit campus was intended to help farmers suffering from
tumbling rice prices. (Photo by Tanaphon Ongarttrakul).
Farmers' leader accuses traders,
thanks govt
2 Nov 2016 at 16:17 2,187 viewed3 comments
WRITER: SUNTHON PONGPAO, WASSANA NANUAM, WICHIT
CHANTANUSORNSIRI
A farmers' leader has welcomed the government's
move to foil rice traders he says conspired to keep paddy prices low in
expectation of making a big profit later.Wichien Phuanglamjiak, former
president of the Thai Agriculturalists Association, said in Ayutthaya province
rice traders had conspired to buy as much paddy as possible from farmers at low
prices. They expected to make a big profit from the government's price
guarantee scheme.Traders had also planned to use farmers as their proxies to
cash in on any rice price scheme, he said.
Wichien Phuanglamjiak, former president of the Thai Agriculturalists
Association
"Rice brokers from the Central Plain
bought paddy cheaply in the Northeast. Now why would they do that, with the
ongoing complaints about the low price for rice exports?" Mr Wichien
said.He expressed appreciation for the government's move to deal with such
traders through a rice-pledging scheme that lets farmers store paddy in their
own barns. That surprised the speculators, he said.Mr Wichien said officials
from the Prime Minister's Office visited his home in Phak Hai district,
Ayutthaya, to discuss farmers' problems and the pros and cons of past
assistance schemes for rice growers, including rice-pledging schemes. He told
them all he knew.
Deputy army spokeswoman Col Sirichan Ngathong
said on Wednesday soldiers were meeting with rice millers nationwide, asking
them to show sympathy for farmers and their problems and needs, and to pay fair
prices for their paddy. They were also asking about the criteria the millers
use in deciding how much to pay.Farmers could also seek assistance from any
military unit in their area if they had problems, she said. "We are ready
to help farmers sell rice directly to consumers, without having to rely on the
millers. We believe that people nationwide are ready to help farmers," Col
Sirichan said.Representatives of rice millers have announced a media conference
on Thursday to reply to allegations.
Finance Minister Apisak Tantivorawong said on
Wednesday the market price of Hom Mali paddy stood at 11,000 baht per tonne for
top grade dry grain, which was about the same as the growers' production costs,
and it was unlikely to go lower.
86-year-old
scientist aims to revolutionize rice planting
2016-11-03 13:13chinadaily.com.cnEditor: Xu Shanshan
Developing a new strain of crop is
time-consuming. But that doesn't worry 86-year-old Yuan Longping, China's
renowned rice scientist.Yuan has set his sight on next trophy, a seawater rice
for full commercial production in five years.
According to Yuan, it takes time
for this kind of revolutionary development of new agricultural species to
become full-fledged. It will take three years to develop a breed that has
commercial value, and would take five years for it to be mass marketed. And to
make it popular in China's tidal-flat areas and saline-alkali lands, it would
take about 10 years.
He told China Daily in a written
reply that by that time, a rice strain grown by his research team will yield up
to 4.5 metric ton per hectare, around 60 percent of the yield from the regular
paddy fields. And the increment of rise output will be enough to feed 200
million people.
Now and then, here and there across
Asia, small news items appear about discovery of some wild rice grown in briny
swamps, potentially resistant to diseases and with no need for fertilizer.
But successful development of the
discovery into a commercial crop has never hit the headline. So, for Yuan, it's
never too late to start his own quest for the glory.
China has plenty of saline-alkaline
wasteland and can be put into use when the country's arable land is sparse,
Yuan said, adding that more than 13 million hectares of such wasteland could
potentially be used for sea-rice farming.
If fully utilized, Yuan said, China
can reap an additional 50 million tons of grain.
Under Yuan's directorship, a
sea-rice research center will be built in Licang district of Qingdao, Shandong
province, where his team will use molecular breeding technologies to develop a
sea-rice strain with high photosynthetic efficiency and yield.
With a seed fund of 100 million
yuan ($14.77 million), scientists will begin experiments on two hectares of
saline-alkaline marshland just north of Jiaozhou Bay in next April, and expect
to reap their first harvest in the autumn.
Once the two-billion-yuan R&D
center is fully built, Yuan's team will start planting a sea-rice species in
1.33 million hectares of saline-alkaline soil along the coast.
Seawater rice seeds and planting
techniques could also be exported to countries in Southeast Asia, which has a
total of 20 million hectares of saline-alkaline soil, Yuan said. "Our
Qingdao center is likely to help Southeast Asia raise its yearly rice
production by 20 million tons," he said.
According to Zhang Guodong, general
manager of Yuance Biotech, a partner in Yuan's project, a rice strain that can
both thrive on seawater and yield a high output has not yet been reported.
There are overseas institutions
reportedly trying to develop seawater rice using genetic technology. But all
seem to remain lab attempts thus far, Zhang said
http://www.ecns.cn/2016/11-03/232675.shtml
APEDA
AgriExchange Newsletter - Volume 1589
|
Market Watch
|
||||
|
Commodity-wise, Market-wise Daily Price on 01-11-2016
|
||||
|
Domestic Prices
|
Unit Price : Rs per Qty
|
|||
|
Product
|
Market Center
|
Variety
|
Min Price
|
Max Price
|
|
Rice
|
||||
|
1
|
Dibrugarh (Assam)
|
Common
|
2200
|
2300
|
|
2
|
Manjeri (Kerala)
|
Other
|
3000
|
3900
|
|
3
|
Bonai (Orissa)
|
Other
|
2200
|
2500
|
|
Wheat
|
||||
|
1
|
Bonai (Orissa)
|
Other
|
1525
|
1800
|
|
2
|
Umarkhed (Maharashtra)
|
Other
|
1500
|
1600
|
|
3
|
Dibrugarh (Assam)
|
Other
|
2350
|
2450
|
|
Guava
|
||||
|
1
|
Bariwala (Punjab)
|
Other
|
1700
|
1700
|
|
2
|
Shillong (Meghalaya)
|
Other
|
2800
|
3200
|
|
3
|
Pune (Maharashtra)
|
Other
|
2000
|
3000
|
|
Cauliflower
|
||||
|
1
|
Koraput (Orissa)
|
Other
|
1600
|
1800
|
|
2
|
Chittorgarh (Rajasthan)
|
Other
|
2500
|
3000
|
|
3
|
Barnala (Punjab)
|
Other
|
2000
|
2500
|
Senate Appropriations Staff
Prioritize Rice Abroad
WASHINGTON, DC --
While Members of Congress have spent much of the last three months in their
home states in advance of the fall elections, their staff have held down the
fort on the agricultural front in Washington and, in some cases, abroad.Several
Senate Appropriations Committee staff members recently took rice-centric trips
to Africa and Cuba representing the Committee and its chairman, Senator Thad
Cochran (R-MS). In August, Rachel Santos, Carlisle Clarke, and
Patrick Carroll, traveled to Tanzania to visit with the Project Concern
International (PCI), which oversees the U.S. Department of Agriculture (USDA)
McGovern-Dole International Food for Education Program.
The group toured the Guta Primary School, where they had the opportunity to visit with children and families who benefit from McGovern-Dole and other USDA food aid programs. Thanks to the great work USDA and PCI are doing, a large amount of U.S.-grown rice is made available to schools to provide needed nutrition and give incentives for children to attend school.
The same staff, along with colleagues Jessica Schulken, Dianne Nellor, and Laura Friedel, traveled to Cuba on a fact-finding mission earlier this month. The bipartisan group of Hill staff were joined by several USDA officials, including Foreign Agricultural Service (FAS) Administrator Phil Karsting.
Following the 2014 decision to begin reestablishing U.S. bilateral diplomatic relations with Cuba, USDA has worked to ensure that it is prepared when the 56-year-old U.S. embargo is lifted. Currently, USDA has temporary staff posted in Cuba until it is able to have a full-time post in the U.S. embassy.
The Senate group had the rare opportunity to visit a co-op in the Pinar del Rio region where rice and tobacco are grown. Cuba is not self-sufficient when it comes to rice production, and the island nation must import the majority of the food needed by the Cuban people. Cuban officials stressed the importance of lifting the embargo, and emphasized their preference for U.S.-grown rice over the Vietnamese rice currently imported by Cuba.
In addition to rice and tobacco farm tours, the delegation met with representatives from several Cuban ministries, including agriculture and trade. Ben Mosely, vice president of government affairs for USA Rice, said, "The on-ground experience gained by staff on these fact finding trips is extremely valuable to members of Congress and the constituents they represent. These delegations provide an opportunity for staff to interact with USDA officials abroad and to see firsthand the great work that FAS does in efficiently carrying out programs that benefit U.S. growers back home. We're glad to see that rice is playing a significant role during informational trips taken by congressional staff."
The group toured the Guta Primary School, where they had the opportunity to visit with children and families who benefit from McGovern-Dole and other USDA food aid programs. Thanks to the great work USDA and PCI are doing, a large amount of U.S.-grown rice is made available to schools to provide needed nutrition and give incentives for children to attend school.
The same staff, along with colleagues Jessica Schulken, Dianne Nellor, and Laura Friedel, traveled to Cuba on a fact-finding mission earlier this month. The bipartisan group of Hill staff were joined by several USDA officials, including Foreign Agricultural Service (FAS) Administrator Phil Karsting.
Following the 2014 decision to begin reestablishing U.S. bilateral diplomatic relations with Cuba, USDA has worked to ensure that it is prepared when the 56-year-old U.S. embargo is lifted. Currently, USDA has temporary staff posted in Cuba until it is able to have a full-time post in the U.S. embassy.
The Senate group had the rare opportunity to visit a co-op in the Pinar del Rio region where rice and tobacco are grown. Cuba is not self-sufficient when it comes to rice production, and the island nation must import the majority of the food needed by the Cuban people. Cuban officials stressed the importance of lifting the embargo, and emphasized their preference for U.S.-grown rice over the Vietnamese rice currently imported by Cuba.
In addition to rice and tobacco farm tours, the delegation met with representatives from several Cuban ministries, including agriculture and trade. Ben Mosely, vice president of government affairs for USA Rice, said, "The on-ground experience gained by staff on these fact finding trips is extremely valuable to members of Congress and the constituents they represent. These delegations provide an opportunity for staff to interact with USDA officials abroad and to see firsthand the great work that FAS does in efficiently carrying out programs that benefit U.S. growers back home. We're glad to see that rice is playing a significant role during informational trips taken by congressional staff."
Korea to dispose of 240,000
tons of rice in gov't stockpiles
Published : 2016-11-02 12:02
Updated : 2016-11-02 14:44
Updated : 2016-11-02 14:44
With a steady decline in consumption and years
of better-than-expected harvests, the average price of rice has dipped to a
21-year low of 129,628 won ($113) for a 80-kilogram sack, it added."The
government may consider expanding the amount to be disposed as animal feed
after carefully monitoring the country's supply," a ministry official
said. (Yonhap)
http://www.koreaherald.com/view.php?ud=20161102000577
Fall rains conclude California
rice harvest
Growers back up to 545,000 acres after two years of water
cutbacks
California’s rice harvest can be precariously timed to coincide
with early-season rains, as was the case with this year’s crop. About 10
percent of the state’s rice crop still needed to be harvested after Halloween
because of early-season record rainfall.
After a couple dismal years of water availability, California’s
rice harvest is on track for “normal.”Last year, California rice growers
harvested rice from about 75 percent of the land typically used for growing
rice. In raw numbers that was about 421,000 out of a more normal 550,000 acres
of the crop. This year’s figure, pegged at 545,000 acres by the California Rice
Commission (CRC), is down slightly from the estimated 564,000 acres the U.S.
Department of Agriculture says growers planted this year.
As of the end of October, about 90 percent of the state’s total
rice acreage had been harvested and moved to storage, says Jim Morris, CRC
spokesman.Unlike last year which had near-perfect weather conditions during the
early-fall harvest window, the weather was a challenge for this year’s harvest.
Growers were either running hard to beat early-season rains or had to battle
the wet consequences of it.
Tom Butler, a grower in the southern Sacramento Valley, said he
finished his rice harvest in late October, just ahead of the major rain storms
that hit the area with several inches of rain.
For Butler, this was the first year in several that he was able
to plant 100 percent of his fields with rice because of restricted water
conditions in the state. This year Butler grew 4,100 acres of M206, a
medium-grain rice popular among growers in the Northstate.
During the two most previous seasons, Butler was able to plant
2,900-3,000 acres because of water restrictions.
Josh Sheppard, who grows rice in partnership with family members
in the northern growing region of Butte County, likewise was able to plant all
of his acreage – about 3,000 acres to rice - because of better water
conditions. He finished harvest just ahead of the late-October storm that
dumped several inches of rain on Northern California.
Sheppard grows three varieties of medium-grain
rice – M105, M205 and M206. He also
produces rice for certified seed production. He was fortunate, he admits, as
he harvested before the big rains hit.
According to the National Weather Service, Sacramento, Calif.
reported 420 percent of normal rainfall for the month of October. California’s
rice-growing region recorded rainfall amounts in excess of 200 percent of
normal during the same month.
Aside from the water restrictions of recent years, rice growers
also dealt with what Cass Mutters, rice specialist with the University of
California Cooperative Extension in Butte County ,called “a biblical
infestation” of armyworm last year that, for some growers, was still around
this year, albeit in reduced numbers.
Sheppard says he did not have the worm pressure this year that
he saw last year.
Mutters suspects that along with reduced armyworm numbers,
growers likely used the lessons learned from last year to start early with
well-timed insecticide applications to help control armyworm populations.
Growers also had to contend with issues surrounding blast and
stem rot, according to Mutters.
Mutter says growers who harvested early tended to have higher
quality rice, compared to those who harvested later. The weather had much to do
with quality of the later harvest. He suspects this year’s overall rice harvest
could be somewhat lower quality than last year’s crop because of the
near-perfect weather growers experienced during last year’s harvest.
For Sheppard, his rice quality this year ranged from what he
terms “normal” to high.
The price paid for rice has been another challenge for
California farmers. Sheppard says rice prices to the grower remain at or below
the cost of production.
On the flip side, the availability of water for the crop and for
rice straw decomposition was a bright spot for growers. The added benefit
of flooding fields shortly after harvest is the return of migratory
birds which blanket rice fields with millions of waterfowl and raptors
throughout the winter months.
For Sheppard, the use of “decomp” water, as it’s called, allows
him to participate in Natural Resource Conservation Service and Nature
Conservancy programs that tend to be a win-win for rice growers and nature.
Most of California’s rice crop – over 500,000 acres of it – is
medium grain varieties. Short grain varieties (or Sushi rice, as some call it)
command about 45,000 acres of farmland with the remainder in long-grain
varieties.
Wild rice changes the game
for stuffing
By Melissa D'Arabian, Associated Press
UPDATED:
11/02/2016 06:53:43 AM EDT
We all have our favorite winter dishes and mine
is stuffing -- or dressing, technically, since I don't stuff it in a turkey.
The classic flavors lull me into feeling like
I'm in white-capped mountains, even though I live in sunny San Diego. Rosemary,
sage, thyme, dried cranberries and a little sausage work winter-wonderland
magic for me.
My oldest daughter is also a fan. She is also
gluten intolerant. For several years, I simply made my holiday dressing with
dried gluten-free bread cubes, but we wanted other options that didn't involve
fussing with gluten-free breads whose texture can be unpredictable in a
dressing recipe. This Wild Rice Holiday Stovetop Dressing fits the bill.
It has all the classic taste of my grandma's
holiday stuffing and it's pulled together in under 30 minutes in one pan on the
stove. One link of turkey sausage is enough to add flavor and richness, so this
dish is comforting without being overly heavy. Typical holiday herbs --
rosemary, thyme and sage -- can be dried or fresh, so use whatever you are
buying for the rest of your meal.
Cubed butternut squash adds a touch of color,
sweetness and vitamins -- feel free to change up the squash/rice ratio and add
more if you want a more veg-leaning side. A small sprinkling of dried
cranberries and pecans completes the holiday touch. But, feel free to serve
this dish anytime -- it's a perfect complement to any grilled or roasted meat
or fish.
Advertisement
Wild Rice Stovetop Dressing
Makes 4 servings
Ingredients
1 teaspoon olive oil
1 link sweet Italian turkey sausage, casing
removed
1/2 cup chopped celery
1/2 cup chopped yellow onion
3 cloves garlic, minced
1 cup butternut squash cubes
1/2 teaspoon dried thyme, or 1 teaspoon fresh
thyme, chopped
1/2 teaspoon dried rubbed sage, or 1 teaspoon
fresh sage, chopped
1 teaspoon dried rosemary, or 2 teaspoons fresh
chopped rosemary
1 1/4 cup wild rice blend (usually wild rice
and basmati mixed)
3/4 cup chicken or turkey broth
3/4 cup water
1/4 cup dried cranberries
1/4 cup chopped toasted pecans
salt and pepper
Cook the sausage in the olive oil in a large
saucepan over medium high heat, until meat is golden, about 4 minutes. Add in
the celery and onion and cook until softened, about 3 more minutes. Add the
garlic, squash cubes, herbs and rice blend and saute for 1 minute. Add the
broth and water, and raise temperature to high and bring to a boil.
Once boiling, stir the rice once, and then
cover and reduce the temperature to low and allow to simmer gently, covered
tightly, for 15 minutes. Turn off the heat, toss in the dried cranberries
(quickly covering again) and let sit covered tightly for 5 minutes. Remove the
lid, stir, taste for seasoning, add toasted pecans and serve.
Nutrition information (per serving): 314
calories; 80 calories from fat; 9 g fat (1 g saturated; 0 g trans fats); 4 mg
cholesterol; 554 mg sodium; 58 g carbohydrate; 6 g fiber; 8 g sugar; 7 g
protein
Nagpur Foodgrain Prices Open-
Nov 02
Nagpur Foodgrain Prices - APMC/Open Market-November 3
Nagpur, Nov 3 Gram prices moved down in Nagpur Agriculture Producing and Marketing
Committee (APMC) auctions on poor demand from local millers amid high moisture content arrival.
Easy condition in Madhya Pradesh gram prices also affected sentiment. Non-availability of
labourers also affected trading activity, according to sources.
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market here on poor demand from local traders
amid ample stock in ready position.
TUAR
* Tuar gavarani reported higher in open market on good seasonal demand from local
traders amid tight supply from producing region.
* Batri dal showed weak tendency in open market here on poor demand from local traders
amid good supply from producing belt.
* In Akola, Tuar New - 6,300-6,400, Tuar dal (clean) - 10,800-11,700, Udid -
9,700-10,000, Udid Mogar (clean) - 11,400-11,700, Moong -
6,100-6,300, Moong Mogar (clean) 6,800-7,200, Gram - 9,000-9,500,
Gram Super best bold - 12,400-12,700 for 100 kg.
* Wheat, rice and other commodities moved in a narrow range in scattered deals,
settled at last levels.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 6,000-8,600 6,000-9,000
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction n.a. 5,400-6,000
Moong Auction n.a. 6,400-6,600
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Gram Super Best Bold 12,600-13,100 12,600-13,100
Gram Super Best n.a. n.a.
Gram Medium Best 11,900-12,200 11,900-12,200
Gram Dal Medium n.a. n.a
Gram Mill Quality 10,300-10,600 10,300-10,600
Desi gram Raw 10,000-10,200 10,000-10,200
Gram Yellow 13,400-13,800 13,400-13,800
Gram Kabuli 13,800-15,100 13,800-15,100
Gram Pink 13,100-13,600 13,100-13,600
Tuar Fataka Best-New 11,500-12,000 11,500-12,000
Tuar Fataka Medium-New 10,900-11,200 10,900-11,200
Tuar Dal Best Phod-New 9,500-10,200 9,500-10,200
Tuar Dal Medium phod-New 8,500-9,000 8,500-9,000
Tuar Gavarani New 6,700-6,800 6,600-6,700
Tuar Karnataka 6,800-6,950 6,800-6,950
Tuar Black 11,900-12,400 11,900-12,400
Masoor dal best 6,400-6,500 6,400-6,500
Masoor dal medium 6,000-6,200 6,000-6,200
Masoor n.a. n.a.
Moong Mogar bold (New) 6,700-7,100 6,700-7,100
Moong Mogar Medium 6,200-6,500 6,200-6,500
Moong dal Chilka 6,100-6,400 6,100-6,400
Moong Mill quality n.a. n.a.
Moong Chamki best 6,400-7,000 6,400-7,000
Udid Mogar best (100 INR/KG) (New) 11,000-12,100 11,000-12,100
Udid Mogar Medium (100 INR/KG) 9,500-10,500 9,500-10,500
Udid Dal Black (100 INR/KG) 7,300-7,600 7,300-7,600
Batri dal (100 INR/KG) 6,300-6,700 6,400-6,800
Lakhodi dal (100 INR/kg) 4,700-4,900 4,600-4,800
Watana Dal (100 INR/KG) 2,800-2,900 2,800-2,900
Watana White (100 INR/KG) 3,400-3,600 3,400-3,600
Watana Green Best (100 INR/KG) 4,000-4,500 4,000-4,500
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG) 1,950-2,050 1,950-2,050
Wheat Filter (100 INR/KG) 1,750-1,950 1,750-1,950
Wheat Lokwan best (100 INR/KG) 2,250-2,450 2,250-2,450
Wheat Lokwan medium (100 INR/KG) 1,950-2,250 1,950-2,250
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,300-4,000 3,300-4,000
MP Sharbati Medium (100 INR/KG) 2,400-3,000 2,400-3,000
Rice BPT best New(100 INR/KG) 2,800-3,250 2,800-3,250
Rice BPT medium (100 INR/KG) 2,300-2,650 2,300-2,650
Rice Luchai (100 INR/KG) 2,200-2,500 2,200-2,500
Rice Swarna best (100 INR/KG) 2,100-2,450 2,100-2,450
Rice Swarna medium (100 INR/KG) 1,800-2,000 1,800-2,000
Rice HMT best New (100 INR/KG) 3,450-3,800 3,450-3,800
Rice HMT medium (100 INR/KG) 2,600-3,000 2,600-3,000
Rice Shriram best New(100 INR/KG) 4,200-4,500 4,200-4,500
Rice Shriram med New(100 INR/KG) 3,800-4,100 3,800-4,100
Rice Basmati best (100 INR/KG) 8,700-13,300 9,000-13,500
Rice Basmati Medium (100 INR/KG) 6,300-7,800 6,500-8,000
Rice Chinnor best New(100 INR/KG) 5,300-5,600 5,300-5,600
Rice Chinnor med. New (100 INR/KG) 4,900-5,100 4,900-5,100
Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200
Jowar CH-5 (100 INR/KG) 1,700-1,850 1,700-1,850
WEATHER (NAGPUR)
Maximum temp. 31.7 degree Celsius (89.1 degree Fahrenheit), minimum temp.
17.90 degree Celsius (62.6 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : Nil
FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 32 and 16
degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices)
http://in.reuters.com/article/nagpur-foodgrain-idINL4N1D42IW
APEDA AgriExchange Newsletter - Volume 1590
|
Market
Watch
|
||||
|
Commodity-wise,
Market-wise Daily Price on 01-11-2016
|
||||
|
Domestic
Prices
|
Unit
Price : Rs per Qty
|
|||
|
Product
|
Market
Center
|
Variety
|
Min
Price
|
Max
Price
|
|
Rice
|
||||
|
1
|
Dibrugarh
(Assam)
|
Common
|
2200
|
2300
|
|
2
|
Manjeri
(Kerala)
|
Other
|
3000
|
3900
|
|
3
|
Bonai
(Orissa)
|
Other
|
2200
|
2500
|
|
Wheat
|
||||
|
1
|
Bonai
(Orissa)
|
Other
|
1525
|
1800
|
|
2
|
Umarkhed
(Maharashtra)
|
Other
|
1500
|
1600
|
|
3
|
Dibrugarh
(Assam)
|
Other
|
2350
|
2450
|
|
Guava
|
||||
|
1
|
Bariwala
(Punjab)
|
Other
|
1700
|
1700
|
|
2
|
Shillong
(Meghalaya)
|
Other
|
2800
|
3200
|
|
3
|
Pune
(Maharashtra)
|
Other
|
2000
|
3000
|
|
Cauliflower
|
||||
|
1
|
Koraput
(Orissa)
|
Other
|
1600
|
1800
|
|
2
|
Chittorgarh
(Rajasthan)
|
Other
|
2500
|
3000
|
|
3
|
Barnala
(Punjab)
|
Other
|
2000
|
2500
|
|
Source:agmarknet.nic.in
|
||||
Rice Prices
as on :
03-11-2016 12:02:02 PMArrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Azamgarh(UP)
|
155.00
|
-8.28
|
7950.00
|
2190
|
2175
|
5.54
|
|
Kalipur(WB)
|
92.00
|
-13.21
|
8161.00
|
2300
|
2350
|
17.95
|
|
Cachar(ASM)
|
80.00
|
100
|
3630.00
|
2200
|
2200
|
-18.52
|
|
Srirampur(ASM)
|
50.00
|
-37.5
|
2600.00
|
3000
|
3000
|
0.67
|
|
Beldanga(WB)
|
50.00
|
4.17
|
3976.00
|
2500
|
2500
|
11.11
|
|
Khatra(WB)
|
39.00
|
8.33
|
1161.00
|
2500
|
2500
|
8.70
|
|
Gazipur(UP)
|
35.00
|
40
|
3362.00
|
2190
|
2190
|
8.68
|
|
Lakhimpur(UP)
|
30.00
|
-25
|
597.00
|
2260
|
2200
|
2.73
|
|
North Lakhimpur(ASM)
|
13.40
|
55.81
|
2102.90
|
1900
|
1900
|
NC
|
|
Champadanga(WB)
|
10.00
|
-37.5
|
1255.00
|
2700
|
2700
|
8.87
|
|
Dibrugarh(ASM)
|
9.00
|
11.11
|
52.40
|
2250
|
2250
|
-
|
|
Mirzapur(UP)
|
7.50
|
50
|
1755.10
|
2165
|
2175
|
9.62
|
|
Chandoli(UP)
|
6.00
|
50
|
216.50
|
2140
|
2150
|
13.83
|
|
Jeypore(Kotpad)(Ori)
|
5.00
|
257.14
|
273.30
|
4200
|
4200
|
-1.18
|
|
Jeypore(Ori)
|
3.50
|
2.94
|
281.10
|
4100
|
4100
|
NC
|
http://www.thehindubusinessline.com/economy/agri-business/article9299538.ece
Hybrid rice expert plans to promote yield of
sea rice
Source:People.cn Published: 2016/11/3 8:18:12
On Nov. 1, Yuan Longping, China's "father
of hybrid rice" and academician with the Chinese Academy of Engineering,
introduced the prospect of sea rice at the 2016 World Life Science Conference
in Beijing. Yuan's target is to increase the yield of sea rice per mu (0.0667
hectares) to 300 kilograms.Yuan explained that the key element of popularizing
sea rice is to increase its salt tolerance. There are two main methods of
achieving this change: either by grafting the characteristic of salt tolerance
or by transplanting the cloned gene of salt tolerance to an existing high-yield
breed.
Yuan said that the current yield of semi-wild
sea rice per mu is around 100 kilograms. Farmers are less enthusiastic about
this variety of rice, as they are unlikely to get back their energy and capital
input in terms of irrigation, fertilization and disease prevention. If the
yield per mu can reach 300 kilograms, however, farmers would enjoy far greater
economic benefits.Previously, Yuan's plan was to expand the yield of sea rice
to 200 kilograms per mu within three years at the Sea Rice Research and
Development Center, headed by Yuan in Qingdao, Shandong province, according to
Xinhua.
As for the prejudice some consumers maintain
toward hybrid rice, Yuan explained that yield used to be the top priority, as
China had to focus on maintaining an adequate food supply. However, with living
standards on the rise, rice cultivation needs to prioritize both quality and
quantity
http://www.globaltimes.cn/content/1015625.shtml
Rice board adjusts rice
pledging price to 13,000 baht from 11,525 baht/tonne
BANGKOK:
— The Rice Policy and Management Committee or the rice board has agreed to
adjust up the pledging price of 2016-17 main crop Hom Mali paddy from 11,525
baht/tonne to 13,000 baht/tonne under the programme to delay the sale of paddy
through credit extension to be implemented immediately until February 28.
The
five-month programme which will help about two million Hom Mali rice farmers
covering an area of 26 million rai will cost the government 20 billion baht in
expenditure budget. Under the programme, the Bank of Agriculture and
Agricultural Cooperatives will accept paddy pledged by farmers at a fixed price
of 9,500 baht/tonne or 90 percent of market price estimated at 11,000
baht/tonne. On top of that, farmers will receive 2,000 baht/tonne for quality
improvement fee plus 1,500 baht/tonne for storage fees for farmers who have
their own barns to store the pledged paddy with the first 1,000 baht to be paid
immediately to farmers and the rest to be paid when the paddy is redeemed.
For farmers who do not have their own facility to store paddy, they will
receive 9,500 baht/tonne for the paddy plus 2,000 baht/tonne for rice quality
improvement fee.
news.thaivisa.com/thailand/rice-board-adjusts-rice-pledging-price-to-13000-baht-from-11525-bahttonne/158169
KANO to harvest 1.2 million tons of rice this
year- Ganduje
By Yusha’u A. Ibrahim, Kano | Publish Date: Nov
2 2016 3:33PM
Kano
state is expected to produce an estimated 1. 2 million tons of rice this year,
the state Governor, Dr. Abdullahi Umar Ganduje has said.Ganduje in a statement
signed by his Director General on Media and Communication, Alhaji Salihu Tanko
Yakasai, said the quantity was equivalent to one sixth of the country’s rice
demand.
The
governor said this was part of the state’s effort to enhance food sufficiency
in the country, saying researchers had estimated that Nigerians eat around 6
million tons rice annually, half of which is being imported.
Dr.
Ganduje, who spoke during the launch of this year’s rice harvest programme at
Samawa and Kadawa in Garun Mallam local government, added that “with the
administrations’ political will and commitment of the farmers, it is envisioned
that the state would produce 2 million tons of rice next year”.“Kano has the
potential to feed itself and contribute significantly to meeting the nation’s
rice requirement. That is why our farmers must take advantage of the ban on
importation of rice to boost production locally”, the governor stated.The ban,
he maintained, has motivated and opened a new opportunities for local farmers
to diversify from subsistence farming to commercial agriculture, emphasizing
that the diversification is yielding positive result across the country as many
Nigerians have now abandoned imported rice for the local varieties
Hybrid rice
expert plans to promote yield of sea rice
2016/11/3 8:18:12
On Nov. 1, Yuan Longping, China's "father
of hybrid rice" and academician with the Chinese Academy of Engineering,
introduced the prospect of sea rice at the 2016 World Life Science Conference
in Beijing. Yuan's target is to increase the yield of sea rice per mu (0.0667
hectares) to 300 kilograms.Yuan explained that the key element of popularizing
sea rice is to increase its salt tolerance. There are two main methods of
achieving this change: either by grafting the characteristic of salt tolerance
or by transplanting the cloned gene of salt tolerance to an existing high-yield
breed.
Yuan said that the current yield of semi-wild
sea rice per mu is around 100 kilograms. Farmers are less enthusiastic about
this variety of rice, as they are unlikely to get back their energy and capital
input in terms of irrigation, fertilization and disease prevention. If the
yield per mu can reach 300 kilograms, however, farmers would enjoy far greater
economic benefits.Previously, Yuan's plan was to expand the yield of sea rice
to 200 kilograms per mu within three years at the Sea Rice Research and
Development Center, headed by Yuan in Qingdao, Shandong province, according to
Xinhua.
As for the prejudice some consumers maintain
toward hybrid rice, Yuan explained that yield used to be the top priority, as
China had to focus on maintaining an adequate food supply. However, with living
standards on the rise, rice cultivation needs to prioritize both quality and
quantity
http://www.globaltimes.cn/content/1015625.shtml
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