ark c
Sri Lanka secures immediate rice
stock from Pakistan, Myanmar
The four man Lankan team of officials that flew to Pakistan and Myanmar to
select rice tranche, has returned to Colombo today July 14 morning-and reports
tale of a government to government level success.
No less than 55000 MT rice has been made available to Sri Lanka
immediately by both Pakistan and Myanmar.
Minister of Industry and Commerce Rishad Bathiudeen, whose team
of officials took of on July 7 to Pakistan and Myanmar, praised the team’s win
on 14 July. “After this successful tour, it is clear that there will be no more
rice shortages in the domestic markets-or even any likelihood of it. Some
elements in the market are trying to create an artificial shortage” Minister
Bathiudeen said.
The team of officials that flew out on July 7 was led by
Secretary of Ministry of Industry and Commerce Chinthaka Lokuhetti, and two
officials from the Finance Ministry and a food technologist from ITI.
According to an official who returned, Pakistan has agreed to
supply 25000 MT immediately. No final price has been quoted yet but once the
final price is agreed, will be shipped from Pakistan in early August. Pakistan
is also ready to supply some more rice quantity by September.
Myanmar is ready to supply another 30000 MT immediately and its
final price too, to be agreed.
According to the officials who returned, the Sri Lankan team was
given a very warm welcome at both destinations, was promptly attended and
samples were then given. The rice samples tested in Pakistan were already
milled and in good quality. Myanmar rice too is of good quality –only that it
requires to be re-milled and Myanmar is ever ready to mill them before shipping
to Colombo. Lankan officials and food technologist also performed their own
cooking tests on the samples given to them at both destinations and say that
the quality and taste to be ‘very good’.
Sri Lankan officials also bargained for lower prices than the
prices first quoted by both Pakistan and Myanmar officials. Officials of both
countries agreed that such bargaining is acceptable and said shall submit Sri
Lanka’s bargained price quotes to their respective Cabinets (of Ministers) for
approval, to complete the government to government sales.
Previously on 22 June, Minister Bathiudeen met HE Ambassador
Designate of Thailand to Sri Lanka Mrs Chulamanee Chartsuwan, HE Ambassador of
Indonesia to Sri Lanka Gusti Ngurah Ardiyasa and Acting High Commissioner of
Pakistan Dr. Sarfraz Ahmad Khan Sipra at the Ministry of Industry and Commerce
to call for government to government rice supplies to Sri Lanka. All the HE
Ambassadors present pledged immediate support to Sri Lanka’s efforts to procure
the needed rice tranche.
The Cooperative Wholesale Establishment (CWE) under Minister
Bathiudeen has been roped in for the local distribution work of imported rice.
2nd News... w
Sri Lanka secures
rice stocks from Pakistan and Myanmar
Industry and Commerce Minister meets Acting High Commissioner of
Pakistan Dr. Sarfraz Ahmad Khan Sipra (centre) on June 22 for ‘rice talks’ at
the ministry The four-man Lankan team
of officials that flew to Pakistan and Myanmar to select rice tranche, returned
to Colombo yesterday. It was reported that no less than 55000 MT rice has been made
available to Sri Lanka immediately by both Pakistan and Myanmar. Minister of
Industry and Commerce Rishad Bathiudeen, whose team of officials took off on
July 7 to Pakistan and Myanmar, praised the team’s success.
“After this successful tour, it is clear that there will be no more
rice shortages in the domestic markets-or even any likelihood of it. Some
elements in the market are trying to create an artificial shortage,”
Minister Bathiudeen said. According to
an official who returned, Pakistan has agreed to supply 25000 MT immediately.
No final price has been quoted yet but once the final price is agreed, will be
shipped from Pakistan in early August.
Pakistan is also ready to supply some more rice quantity by
September. Myanmar is ready to supply
another 30000 MT immediately and its final price too, is yet to be agreed.
Previously on June 22, Minister Bathiudeen met Ambassador Designate of Thailand
to Sri Lanka Chulamanee Chartsuwan, Ambassador of Indonesia to Sri Lanka Gusti Ngurah Ardiyasa and Acting High
Commissioner of Pakistan Dr. Sarfraz Ahmad Khan Sipra at the Ministry of
Industry and Commerce to call for government-to-government rice supplies to Sri
Lanka. All the ambassadors present pledged immediate support to Sri Lanka’s
efforts to procure the needed rice tranche.
http://www.dailymirror.lk/article/Sri-Lanka-secures-rice-stocks-from-Pakistan-and-Myanmar--132861.html
louds over Pakistan’s external trade: What is
actually wrong with our exports?
by Irfan Takalvi
While in itself is quite alarming
that Pakistan’s overall trade deficit – the difference between total exports
and imports – is reaching the $ 30 billion mark, for the first time in the
history, in the just concluding financial year; that is not all and there much
more to worry about our trade with rest of the world.
The persistent downward
trajectory of the exports, which were already considerably short of imports, is
something needing urgent attention. Pakistan’s exports are on a decline,
continuously for last three fiscal years. After achieving the record figure of
$ 25.1 billion in 2013-14, overall exports declined to $ 23.7 bn. in 2014-15
and further to $ 20.9 in 2015-16. The declining trend continued in the
first 11 months of 2016-17 as well, totalling $ 18.5 bn. and recording a
further decline of 3.1%.
Thus, because of this continuous
decline in exports, in addition to around 20% increase in imports, the country
this year is faced with a mammoth record trade deficit of around $ 30 billion
for 2016-17.
Pakistani exports are heavily
concentrated in textiles. Out of $ 18.5 bn. total exports in first 11 months of
2016-17, some $ 11.2 bn. are textile products/items. This is more than 60 % of
the total. The remaining 40% is also concentrated heavily in three
categories/items: rice, leather, and sports goods. It indicates that country’s
export base is quite narrow, not broad-based enough.
As far as the direction of
exports is concerned, we see a concentration here as well. More than 17%
of Pakistani exports are destined for a single market, the US. This is followed
by some 7-8% to China. Five European nations – UK, Germany, Spain, Netherlands
and Belgium – absorbs some 24% of Pakistani exports, put together. Afghanistan
gets between 6 to 7% annually. Several other European nations are also among
Pakistan’s top 20 export destinations. The figures tell us that more than half
of Pakistan’s total exports are destined to the US and Europe alone, and if we
include China and Afghanistan – this goes up to more than two-thirds of the
total.
The argument of the policy makers
on this decline is that the absorbing capacity and buying power in the main
export destinations has decreased after the US / European financial crisis –
2008-09 to 2013-14. Nonetheless, Pakistani exports during past three fiscal
years have declined at a faster pace than the overall decline in exports to the
US and EU, from rest of the world. Our exports to China are also on the decline
in net worth, which is not a result of the global financial crisis.
Institutions such as Trade Development
Authority of Pakistan (TDAP) are entrusted to serve the purpose of increasing
Pakistan’s exports. However, the concerned institutions (we are not
singling TDAP out here) are hardly seen by independent experts as inefficient-
and competent-enough. A large number of exhibitions are arranged and attended
all around the world but positive, meaningful and tangible results are
invisible for past three years.
In the budgets for last three
fiscal years, incentives for exports such as softer export refinance facility,
R&D financing, faster rebates and quarantine facilities have been
announced, but export has not shown signs of positive come back. A major
drawback in government policies is that the attention is overwhelmingly on
further incentivizing the textile industry – which indeed provides the bulk of
exports but at the same time, some of the experts argue, is already
over-pampered and is touching the limits of its potential.
Pakistan’s exports can be
increased by focusing on non-traditional items, value addition in products such
as rice, leather, sports goods, and developing special programs for gems and
other precious stones, processing and packaging of food and herbs, etc. Tourism
and health services can increase Pakistan’s services exports, which is not
getting the due attention of policy makers.
Exporters on their part complain
that Pakistani industry has been rendered uncompetitive because of shortages of
energy and its high rates, and also because of an unprecedented flow of imports
(what many label as dumping) from China. They also say that government
functionaries especially the tax administration creates hurdles in the way of
growth of exports.
Coming to what and how much we
buy from the rest of the world, figures tell that Pakistan’s total imports
during July 2016 to May 2017 stand at $48.5 billion dollars. Official data also
indicates that imports from China account for 30.2% of total imports during
July 2016 to January 2017 period. At this percentage, some $ 14.6 billion of
imports from China alone have reached Pakistan – which are not much less than
our commutative exports to the entire world, in the same period.
Nothing but a pity that country
known as an agrarian economy imports food items above $ 3 billion, much of that
edible oil and tea. Yes, it needs to be acknowledged that spike in imports in
recent months is also due to increased import of capital goods and machinery,
for CPEC and related projects – a bulk of that for power projects – which may
be positive in the long run.
Unless some drastic,
out-of-the-box measures are taken, there is no major upward trend visible in
Pakistani exports for next foreseeable fiscal years, only a slight improvement
is on the horizon.
Irfan Takalvi
Irfan Takalvi is a policy analyst and academic
focusing on economic & socio-economic issues and International Political
Economy. He is a keen observer of China-led connectivity and development
initiatives. Email: irfanzad@gmail.com
https://en.dailypakistan.com.pk/opinion/dark-clouds-over-pakistans-external-trade-what-is-actually-wrong-with-our-exports/
Dark clouds
over Pakistans external trade what is actually wrong with our exports
Published : 14 Jul 2017, 01:10:54
Govt blacklists 16,000 rice millers
‘Stockpiling by them one of the reasons behind price hike’
Some 16,000 rice millers have been blacklisted for illegally
hoarding rice, said Food Minister Qamrul Islam on Thursday, reports UNB."The
government won't procure rice from these millers for the next three
years," the minister told a press briefing at the secretariat.
Replying to a question, he said stockpiling the staple food by the
vested millers is one of the main reasons behind the rice price hike."The
prices of different varieties of rice are decreasing after the lifting of
tariff on rice import to encourage the private sector," he added.Dismissing
the allegation of shortfall in government stock behind the rice price hike,
Qamrul Islam said the government has enough rice in its stock.
Describing the government efforts to ensure adequate rice supply to
meet the demand, he said the government's rice stock will reach 0.8-1.0 million
tonnes in August next, while 1.2 million tonnes in September.At present, the
government is allocating rice for relief for the flood-affected people, he
said.BSS adds: The country's rice stock will be increased to 1.0 million (10
lakh) tonnes by August to ensure supply of the staple food-grain and meet any
emergency demand, Food Minister Qamrul Islam said.
"There is no food crisis in the country", the minister
asserted at the press conference.According to the minister, 110 thousand tonnes
of rice would reach Chittagong Port from Vietnam by July when another 180 thousand
tonnes would come in August."The government is procuring a total of 2.5
lakh tonnes (250 thousand tones) of rice from Vietnam on G2G (government to
government) contract basis, of which 20 thousand tonnes arrived in the outer
anchorage of the Chittagong Port," the minister said.
http://www.thefinancialexpress-bd.com/2017/07/14/76853/Govt-blacklists-16,000-rice-millers
NFA Council says 11 express interest in July rice auction
July 14, 2017
ELEVEN exporters, mostly from
Vietnam and Thailand, have expressed interest to participate in the government
auction for the tax-free importation of 250,000 tons of rice, with the National
Food Authority (NFA) still inviting more potential bidders.
Workers unload sacks of rice at a warehouse of the National Food
Authority. -- AFP
“The intention of the NFA Council is for more private sector
participation, not to allow shipments to be cornered by one supplier,” NFA
Deputy Administrator and Special Bids and Awards Committee Chairman Tomas R.
Escarez said during the agency’s pre-bidding conference on Thursday in Quezon
City.
The NFA Council, the governing body that has the final say on the guidelines for rice importation, has divided the shipments into eight lots -- six with a volume of 25,000 tons and two of 50,000 tons. The specification is for well-milled long-grain white rice with a broken rate of 25%.Prospective bidders may bid for any of the lots as long as the maximum quantity to be awarded per supplier cannot be higher than 50,000 metric tons.
“Eleven are interested. But we want more. From now, until the bid day, we can still accept applications,” Special Assistant to the NFA Administrator Rachel Miguel, a lawyer, said during the briefing.The exporters that have so far expressed interest in the auction are Olam International Ltd., Ponglarp Co. Ltd., Thai Hua Co. Ltd., Vietnam Southern Food Corp. II, Gentraco Corp., Gia International Corp., Louis Dreyfus Company, Vietnam Northern Food Corp. (Vinafood I), Capital Cereals Co. Ltd., Asia Golden Rice Co. Ltd., and Thai Granlux International, Inc.
The bid deadline is 10 a.m. on the day of the auction, July 25.The government has a budget of P5.6 billion for the procurement exercise, which is intended to reinforce rice inventories during the lean months.However, Mr. Escarez said the grains agency will be paying an additional cost of 35% of the landed price.The shipments are expected to arrive in tranches during the lean months; 120,000 tons until August and the remaining 130,000 tons in September.
On the issue of private sector-led importation which was approved earlier by the NFA Council, Mr. Escarez said the council has not approved a timetable but the arrival of the shipments under the minimum access volume (MAV) scheme is proposed to arrive between December and February.“We have a regular council meeting every third week of the month. We haven’t received a notice yet. Probably next week.” Mr. Escarez added.
The Philippines has an 805,200 ton MAV commitment for rice to the World Trade Organization with a 35% tariff within the quota, corresponding to the Asean Trade in Goods Agreement, and 40% out-of-quota. -- Janina C. Lim
The NFA Council, the governing body that has the final say on the guidelines for rice importation, has divided the shipments into eight lots -- six with a volume of 25,000 tons and two of 50,000 tons. The specification is for well-milled long-grain white rice with a broken rate of 25%.Prospective bidders may bid for any of the lots as long as the maximum quantity to be awarded per supplier cannot be higher than 50,000 metric tons.
“Eleven are interested. But we want more. From now, until the bid day, we can still accept applications,” Special Assistant to the NFA Administrator Rachel Miguel, a lawyer, said during the briefing.The exporters that have so far expressed interest in the auction are Olam International Ltd., Ponglarp Co. Ltd., Thai Hua Co. Ltd., Vietnam Southern Food Corp. II, Gentraco Corp., Gia International Corp., Louis Dreyfus Company, Vietnam Northern Food Corp. (Vinafood I), Capital Cereals Co. Ltd., Asia Golden Rice Co. Ltd., and Thai Granlux International, Inc.
The bid deadline is 10 a.m. on the day of the auction, July 25.The government has a budget of P5.6 billion for the procurement exercise, which is intended to reinforce rice inventories during the lean months.However, Mr. Escarez said the grains agency will be paying an additional cost of 35% of the landed price.The shipments are expected to arrive in tranches during the lean months; 120,000 tons until August and the remaining 130,000 tons in September.
On the issue of private sector-led importation which was approved earlier by the NFA Council, Mr. Escarez said the council has not approved a timetable but the arrival of the shipments under the minimum access volume (MAV) scheme is proposed to arrive between December and February.“We have a regular council meeting every third week of the month. We haven’t received a notice yet. Probably next week.” Mr. Escarez added.
The Philippines has an 805,200 ton MAV commitment for rice to the World Trade Organization with a 35% tariff within the quota, corresponding to the Asean Trade in Goods Agreement, and 40% out-of-quota. -- Janina C. Lim
Rice prices still retailing over
Tk 40 a kg despite wholesale price drop
Published: 2017-07-14 23:38:06.0 BdST Updated: 2017-07-15 00:00:37.0 BdST
Amid huge imports following a government initiative, a lower
wholesale price has led to a drop in the price of the staple at retail, but
that is still over Tk 40 per kg.It has been nearly three weeks
after the Eid-ul-Fitr since the announcement of imports had come to control the
price hike and the first shipment of 20,000 tonnes of rice from Vietnam arrived
at the Chittagong Port on Thursday.By this time, the price of coarse rice in
the retail market has dropped only Tk 5-6 to Tk 46 per kg. One year ago, this
variety of rice cost Tk 30-34.
Wholesaler Bashundhara Rice Agency's seller Salauddin at
Babubazar told bdnews24.com, "After the imported rice arrived, the
syndicate dissolved and millers started to drop the prices slowly."On
Friday, he said Miniket was being sold at Tk 51-52 per kg, BR-28 at Tk 45-46,
BR-29 at Tk 45, and coarse rice at Tk 39 per kg in their market.Food Minister
Qamrul Islam on Thursday claimed that the only reason behind the spiralling
rice prices was stockpiling by rogue traders following the flash floods in the
Haor areas.
He also announced that 16,000 rice millers have been blacklisted
for hoarding in an effort to manipulate the prices.North Badda's Sheikh Helal
Uddin at Shikdar Rice Agency said they were selling a 50-kg sack of Miniket
rice at Tk 2,600-2,620 and Najirshail at Tk 2,440-2,450.
A 50-kg sack of Indian coarse rice was being sold at
Tk 2,160-2,180 and BR-28 at Tk 2,300, he added.The same sacks of these types of
rice had cost up to Tk 80 more during the Ramadan.Helal Uddin, however, added
the 'price drop in wholesale market did not impact the retail prices much'.
"Because retailers are not even taking that drop into account."On
Friday, in Mohakhali kitchen market, traders were selling Miniket at Tk 55-56
per kg, Najirshail at Tk 52-60 and coarse rice (India's Swarna) at Tk 44-45 – a
fall of up to Tk 6 in two weeks.
At Mohammadpur kitchen market, Miniket was being sold at Tk 55,
Najirshail at Tk 55-62 and BR-28 at Tk 49-52 per kg, said Harun Rice Agency's
salesperson Mizanur Rahman.Coarse rice (Guti) was selling at Tk 42, he added.
The price for this variety of rice was Tk 46 per kg at the most last month."There
is no variety of rice that is being sold under Tk 42 a kg," Rahman said.A
retail trader at Karwan Bazar, Belal Hossain said prices of their fine grain
rice have not gone down since the wholesale prices have not dropped much.
But he agreed over the fall on prices of coarse rice. "We
think the prices would go down more if more rice is imported." Flooding in
the Haor or backswamp areas of the north and northeast earlier in the year and
the resulting destruction of Boro crops had led to fluctuations in the rice
market.In response, the government later lowered import duties on rice from 28
percent to 10 percent before the Eid to encourage private traders to purchase
more from abroad. It would seem that plan has started to work.After the stock
in government warehouses went horridly down recently, it was decided to import
rice and take the stock up to 1.2 million metric tonnes by September.
http://bdnews24.com/business/2017/07/14/rice-prices-still-retailing-over-tk-40-a-kg-despite-wholesale-price-drop
Rice millers to speed up milling
THE HANS INDIA | Jul 15,2017 , 05:05 AM IST
Siddipet: Joint Collector Ravinder
held a meeting with members of Rice Millers Association regarding Custom
Milling of Rice at his office here on Friday. Speaking on the occasion,
Ravinder asked the millers to complete the Custom Milling Rice(CMR) within
stipulated time. He urged the members to speed up the process, in view of due
date September 30th. He said four special teams were constituted for inspection
of CMR.
http://www.thehansindia.com/posts/index/Telangana/2017-07-15/Rice-millers-to-speed-up-milling/312516
GST impact: 5% rate to squeeze
margins of basmati rice exporters
Earlier, Basmati
rice was subject to VAT in some states and nil duty in others
Dilip Kumar Jha | Mumbai July
14, 2017 Last Updated at 18:43 IST
20
The profits of branded basmati rice
manufacturers and exporters are likely to be squeezed due to the five per cent
Goods and Services Tax (GST) effective July 1.Earlier, the aromatic rice was
either subject to value added tax or was tax-free, from state to state.At present,
the impact of a five per cent GST would be nullified due to a sharp increase in
prices abroad. Official data shows India's per-unit average realisation from
basmati rice exports at $995 a tonne for April-May, compared to $790 a tonne
for the corresponding period last year.
"Prices have risen 25 per cent
over the past few months on the building of a pipeline inventory in Iran, the
largest importer, comprising over a quarter of India's annual basmati rice
export, and the Middle East. There is fear in the market that Iran might stop
issuing licenses for basmati rice import. Hence, importers there are building
inventory to avoid any shortage," said Gurnam Arora, joint managing
director, Kohinoor Foods.
Despite reduced Iranian demand,
India recorded four million tonnes of basmati rice shipment during 2016-17,
almost similar to the previous year. With China opening its door by registering
14 Indian companies for basmati rice export, these shipments are likely to rise
in the coming years.
"Imposition of GST is likely
to put branded players in a somewhat disadvantageous position, compared to the
unbranded rice segment. More likely, the branded players will witness some
erosion of profitability, as they'd look to absorb the GST impact and maintain
pricing parity with the unbranded segment," said Deepak Jotwani, assistant
vice-president at ratings agency ICRA.
Another issue if that the GST
applies to only brands registered under the Trade Mark Act. Those with
established but non-registered brands are likely to benefit and many in the
sector have petitioned the Union finance ministry to resolve this.
The basmati rice industry was
primarily export-oriented. However, over recent years, the domestic market has
expanded significantly. There have been concerted efforts by large companies to
establish their brands in the domestic market. Coupled with the increased
penetration of modern retail stores, and increasing purchasing power of
consumers, this has aided the growth of basmati consumption in the domestic
market. There has also been a shift from unbranded to branded basmati. The
domestic market has now become as strong as the export market for most basmati
companies in the organised sector.
|
Financial year
|
Quantity (million tonnes)
|
|
2009-10
|
2.02
|
|
2010-11
|
2.37
|
|
2011-12
|
3.18
|
|
2012-13
|
3.50
|
|
2013-14
|
3.76
|
|
2014-15
|
3.70
|
|
2015-16
|
4.04
|
|
2016-17
|
4.00
|
|
2017-18*
|
0.79
|
|
Sources: Ministry of Agriculture, Apeda; * April - May 2017
|
http://www.business-standard.com/article/economy-policy/gst-impact-5-rate-to-squeeze-margins-of-basmati-rice-exporters-117071400470_1.html
SUSHMA’S
INTERVENTION SOUGHT ON NIGERIA BAN ON INDIAN RICE IMPORT
Saturday, 15 July 2017 | Rajesh Kumar | New Delhi5
The apex body of Indian
importers has sought External Affairs Minister Sushma Swaraj's intervention
after Nigeria suddenly banned the import of rice leaving 317 containers of an
Indian exporter stuck at the Nigerian port there. In a letter to Sushma, the Indian
Importers Chambers of Commerce and Industry (IICCI) pointed out that the
consignment of rice had landed at Tinapa free zone, Calabar Cross river state,
Nigeria, on March 18, 2017 while the circular banning import of rice by the
custom authority of the African nation was issued on March 30.
IICCI president AK Saxena told The Pioneer
that the exporter and his representative have tried their best to get the
containers released but they could not succeed. "Now, the Nigerian
authorities are pressurizing him to ship back the consignment to India. The
businessman who sent the consignment has no money to pay for the freight. The
voyage time and time taken in documentation at the Nigerian and Indian ports
will ensure the rice will be worthless," Saxena said.
"The shipment had reached much before and
held up illegally by the customs. The importer in Nigeria ran here and there to
all Government offices to find out the reason for stoppage of clearance.
Then the High Commissioner sent a letter on June 12, 2017 to Minister of
Finance.
Unfortunately there is no minister of finance
in Nigeria and his charge is being looked after by the President. Despite
repeated emails and telephonic communication to the Indian High Commission,
they have not yielded any results, he said adding the importer has all valid
licence and permission.
"Joint Secretary West Africa is also not
available for resolving and assisting in this matter," the letter said.
Saxena said that the importer has also approached the Nigerian Federal Ministry
of Justice, Abuja but nothing has happened.
http://www.dailypioneer.com/nation/sushmas-intervention-sought-on-nigeria-ban-on-indian-rice-import.html
USA Rice Celebrates Thousands Serving Billions of School
Lunches
ATLANTA, GA --
More than five billion lunches are served each year in U.S. schools and nearly
6,000 of the men and women responsible for those nutritious meals gathered here
this week for the School Nutrition Association's (SNA) Annual National
Conference. As U.S.-grown rice is a staple on those lunch menus, so too
is USA Rice a staple at the conference with a popular interactive booth where
staff celebrates the nation's dedicated school foodservice providers and
distributes rice information, recipes, and prizes.
Conference-goers crowded around the booth to spin USA Rice's famous prize wheel and test their knowledge on everything U.S. rice. Every contestant walked away with USA Rice prizes and information about the many benefits that rice brings to the lunchroom. Attendees also picked up packets of kid-friendly rice recipes that included last year's recipe contest winner, the Greek Rice Bowl, new cafeteria posters, and a Rice 101 Cooking Guide with rice preparation information for different types of cooking equipment typically found in schools.
Following the success of last year's recipe contest, USA Rice partnered with the Cranberry Marketing Committee to host a joint cranberry-rice recipe contest during the tradeshow. Hundreds of attendees entered the contest for a chance to win a cash prize and serve as a consultant during the development of their winning recipe.
"We are really excited about the level of interest and engagement our booth received from attendees again this year," said Katie Maher, USA Rice's director of domestic promotion who served as a Quizmaster at the booth. "The prize wheel and recipe contest components helped attract attendees to our booth and encouraged them to think of rice as a versatile ingredient that can be paired with many other nutritious foods."
In addition to exhibiting at the show, USA Rice staff met with key school nutrition influencers from Mississippi, Texas, and Virginia to discuss new opportunities for incorporating rice onto school menus and to learn how USA Rice can continue providing useful resources to schools.
"It's crucial for us to take time to make these connections with people who are responsible for menu planning and food purchasing decisions," said Maher. "These meetings allow us the opportunity to hear from school districts on what they need, share USA Rice's resources with them, and to reiterate our message that rice is a central component of a healthy, well-balanced diet in school lunchrooms and at home."
Conference-goers crowded around the booth to spin USA Rice's famous prize wheel and test their knowledge on everything U.S. rice. Every contestant walked away with USA Rice prizes and information about the many benefits that rice brings to the lunchroom. Attendees also picked up packets of kid-friendly rice recipes that included last year's recipe contest winner, the Greek Rice Bowl, new cafeteria posters, and a Rice 101 Cooking Guide with rice preparation information for different types of cooking equipment typically found in schools.
Following the success of last year's recipe contest, USA Rice partnered with the Cranberry Marketing Committee to host a joint cranberry-rice recipe contest during the tradeshow. Hundreds of attendees entered the contest for a chance to win a cash prize and serve as a consultant during the development of their winning recipe.
"We are really excited about the level of interest and engagement our booth received from attendees again this year," said Katie Maher, USA Rice's director of domestic promotion who served as a Quizmaster at the booth. "The prize wheel and recipe contest components helped attract attendees to our booth and encouraged them to think of rice as a versatile ingredient that can be paired with many other nutritious foods."
In addition to exhibiting at the show, USA Rice staff met with key school nutrition influencers from Mississippi, Texas, and Virginia to discuss new opportunities for incorporating rice onto school menus and to learn how USA Rice can continue providing useful resources to schools.
"It's crucial for us to take time to make these connections with people who are responsible for menu planning and food purchasing decisions," said Maher. "These meetings allow us the opportunity to hear from school districts on what they need, share USA Rice's resources with them, and to reiterate our message that rice is a central component of a healthy, well-balanced diet in school lunchrooms and at home."
Vietnamese private rice exporters
can bid for Philippines shipments
July, 14/2017 - 13:20
Rice packs are loaded for export at
the Hậu Giang Food Joint Stock Company. — VNA/VNS Photo Duy Khương
In previous years, NFA’s
auctions for rice were done through a government-to-government importation
regime, where state-run suppliers from
Việt Nam, Thailand and Cambodia were invited to
participate.However, requirements for private enterprises
to be invited in the bidding are quite strict and Vietnamese rice exporters do
not have much experience in executing procedures for the bidding, VFA said.
Those satisfying the
requirements would be allowed to bid and take full responsibility of the shipment.
The Vietnamese Government’s Decree 109/2010/NĐ-CP on rice trading and the
Ministry of Industry and Trade’s Circular 44 on guiding the implementation of
the decree will not be applied in these cases.The total
volume of 25 per cent broken long grain well-milled white rice is expected to
arrive between August and September as requested by the NFA.
The imported volume is
divided to eight lots -- six lots with 25,000 tonnes each and two lots with
50,000 tonnes each.Prospective bidders may bid for any of
the lots, provided that the bid must be the minimum or maximum of the imported
rice allocated per lot, but the maximum quantity to be awarded per supplier
must not be higher than 50,000 tonnes.Statistics from the
Ministry of Agriculture and Rural Development revealed that Philippines was the
second largest importer of Vietnamese rice in the first five months of the year
with 8.6 per cent of the market share.
Rice export to the market
in the period reached 237,400 tonnes in volume and US$90.4 million in value,
representing a year-on-year increase of 23.4 per cent and 10.4 per cent,
respectively. — VNS
http://vietnamnews.vn/economy/380139/vietnamese-private-rice-exporters-can-bid-for-philippines-shipments.html#uyiIQSEcXx2xZTGm.97
Paddy sowing area up 4.5%; pulses rises 24% in kharif season
Jul 14, 2017 08:01 PM IST | Source: PTI
Sowing area
under paddy has gone up by 4.5 percent to 126 lakh hectares, while pulses
acreage has risen 24 percent to 74.61 lakh hectares so far in the kharif
season.
Sowing area under paddy has gone
up by 4.5 percent to 126 lakh hectares, while pulses acreage has risen 24
percent to 74.61 lakh hectares so far in the kharif season, the Agriculture
Ministry said on Friday.
Sowing in the kharif season
normally begins with the onset of southwest monsoon and picks up pace from
July. Paddy, tur, moong, urad, soyabean, sunflower seed and cotton are the main
crops grown in this season."The total sown area as on July 14, 2017, as
per reports received from states, stands at 563.17 lakh hectare as compared to
521.80 lakh hectare at this time last year," the ministry said in a
statement.
Rice has been sown in 125.77 lakh
hectares so far this kharif season against 120.32 lakh hectares in the same
period last year.Pulses acreage rose to 74.61 lakh hectares so far from 60.28
lakh hectares in the year-ago period.Area under coverage for coarse cereals
stood at 113.06 lakh hectares as against 98.79 lakh hectares.
Oilseeds area is down at 103.92
lakh hectares from 115.75 lakh hectares.In case of cash crops, sugarcane has
been sown in 47.94 lakh hectares so far this season as against 45.22 lakh
hectares in the year-ago period.Cotton acreage has risen to 90.88 lakh hectares
as against 73.93 lakh hectares. Jute area is down to 6.98 lakh hectares from
7.51 lakh hectares.
With monsoon rains expected to be normal this year, the
government is targeting yet another bumper foodgrain and horticulture
production in the new crop year 2017-18. However, bumper production has
resulted in fall in prices in the local markets, causing distress to farmers
http://www.moneycontrol.com/news/business/economy/paddy-sowing-area-up-4-5-pulses-rises-24-in-kharif-season-2326485.html
Nagpur Foodgrain Prices Open- JUL 14, 2017
JULY 14, 2017 / 1:40 PM
Nagpur Foodgrain Prices –
APMC/Open Market-July 14
Nagpur, July 14 (Reuters) – Gram
and tuar prices reported strong in Nagpur Agriculture Produce
and Marketing Committee (APMC)
on increased buying support from local millers amid weak supply
from producing regions. Good
recovery on NCDEX, fresh hike in Madhya Pradesh gram prices and
enquiries from South-based
millers also jacked up prices.
About 1,200 of gram and 650 bags
of tuar were available for auctions, according to sources.
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market
here on subdued demand from local traders
amid ample stock in ready position.
TUAR
* Tuar gavarani reported higher in open
market on renewed seasonal demand from local
traders.
* Rice BPT and rice Swarna showed weak
tednecny in open market on poor demand from
local traders amid good supply from
producing regions.
* In Akola, Tuar New – 3,900-4,000, Tuar dal
(clean) – 5,500-5,700, Udid Mogar (clean)
– 7,200-8,200, Moong Mogar (clean)
6,300-7,000, Gram – 5,100-5,350, Gram Super best
– 7,200-8,000
* Wheat, other varieties of rice and other
commodities moved in a narrow range in
scattered deals and settled at last levels
in thin trading activity.
Nagpur foodgrains APMC auction/open-market
prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 4,700-5,240 4,600-5,100
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 3,500-3,850 3,500-3,725
Moong Auction n.a. 3,900-4,200
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Wheat Mill quality Auction 1,550-1,650 1,550-1,650
Gram Super Best Bold 7,600-8,100 7,600-8,100
Gram Super Best n.a. n.a.
Gram Medium Best 6,700-7,100 6,700-7,100
Gram Dal Medium n.a. n.a
Gram Mill Quality 5,100-5,200 5,100-5,200
Desi gram Raw 5,500-5,600 5,500-5,600
Gram Yellow 7,100-8,100 7,100-8,100
Gram Kabuli 12,300-13,400 12,300-13,400
Tuar Fataka Best-New 5,800-6,000 5,800-6,000
Tuar Fataka Medium-New 5,400-5,600 5,400-5,600
Tuar Dal Best Phod-New 5,200-5,400 5,200-5,400
Tuar Dal Medium phod-New 4,800-5,000 4,800-5,000
Tuar Gavarani New 3,950-4,050 3,900-4,000
Tuar Karnataka 4,000-4,100 4,000-4,100
Masoor dal best 5,000-5,200 5,000-5,200
Masoor dal medium 4,600-4,900 4,700-4,900
Masoor n.a. n.a.
Moong Mogar bold (New) 6,500-7,000 6,500-7,000
Moong Mogar Medium 6,000-6,500 6,000-6,500
Moong dal Chilka 5,000-5,900 5,000-5,900
Moong Mill quality n.a. n.a.
Moong Chamki best 6,500-7,500 6,500-7,500
Udid Mogar best (100 INR/KG) (New)
7,500-8,500 7,500-8,500
Udid Mogar Medium (100
INR/KG) 6,800-7,200 6,800-7,200
Udid Dal Black (100 INR/KG) 4,400-4,900 4,400-4,900
Batri dal (100 INR/KG) 4,500-5,000 4,500-5,000
Lakhodi dal (100 INR/kg) 2,850-3,000 2,850-3,000
Watana Dal (100 INR/KG) 2,800-2,900 2,800-2,900
Watana White (100 INR/KG) 3,500-3,700 3,500-3,700
Watana Green Best (100 INR/KG) 4,100-4,600 4,100-4,600
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG) 1,700-1,800 1,700-1,800
Wheat Filter (100 INR/KG) 2,100-2,300 2,100-2,300
Wheat Lokwan new (100 INR/KG) 1,900-2,100 1,900-2,100
Wheat Lokwan best (100 INR/KG) 2,100-2,350 2,100-2,350
Wheat Lokwan medium (100 INR/KG) 1,900-2,050 1,900-2,050
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,000-3,600 3,000-3,600
MP Sharbati Medium (100 INR/KG) 2,200-2,700 2,200-2,700
Rice BPT new (100 INR/KG) 2,700-3,300 2,800-3,400
Rice BPT best (100 INR/KG) 3,300-3,500 3,500-3,700
Rice BPT medium (100 INR/KG) 3,000-3,100 3,000-3,200
Rice Luchai (100 INR/KG) 2,500-2,800 2,500-2,800
Rice Swarna new (100 INR/KG) 2,300-2,400 2,300-2,500
Rice Swarna best (100 INR/KG) 2,500-2,650 2,600-2,800
Rice Swarna medium (100 INR/KG) 2,300-2,400 2,400-2,500
Rice HMT New (100 INR/KG) 3,600-4,000 3,600-4,000
Rice HMT best (100 INR/KG) 4,500-5,000 4,500-5,000
Rice HMT medium (100 INR/KG) 4,100-4,300 4,100-4,300
Rice Shriram New(100 INR/KG) 4,800-5,500 4,800-5,500
Rice Shriram best 100 INR/KG) 6,500-6,800 6,500-6,800
Rice Shriram med (100 INR/KG) 5,800-6,200 5,800-6,200
Rice Basmati best (100 INR/KG) 10,000-13,500 10,000-13,500
Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500
Rice Chinnor New(100 INR/KG) 4,600-5,000 4,600-5,000
Rice Chinnor best 100 INR/KG) 5,800-6,000 5,800-6,000
Rice Chinnor medium (100 INR/KG) 5,400-5,600 5,400-5,600
Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200
Jowar CH-5 (100 INR/KG) 1,800-1,900 1,800-1,900
WEATHER (NAGPUR)
Maximum temp. 29.2 degree
Celsius, minimum temp. 24.5 degree Celsius
Rainfall : 1.4 mm
FORECAST: Generally cloudy sky
with one or two spells of rains or thunder-showers. Maximum and
minimum temperature would be
around and 29 and 24 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-idINL4N1K535Q
17 bidders for government
rice
By The Nation
Seventeen bidders have submitted
their offers for 0.16 million tonnes of rice in government storage on Thursday,
according to the Ministry of Commerce (MOC).
Duangporn Rodphaya, director-general at Department of Foreign Trade at the MOC, said that next steps are the inspection of documents and preliminary qualifications of the bidders according to the terms of reference.
The department will announce a list
of qualified bidders through its website www.dft.go.th on July 18.
They can submit their bid documents in the morning of the same day, she
said.
The opening of the bids will take
place in front of the general public and media at the department.
The bidding result will then be
sent to the working group and committee for rice sales for consideration before
forwarding it to chairman of the rice management and policy committee.
Vietnam, Pakistan, Burma expected to
drive 2018 global rice exports
These
seven countries account for more than 85% of global rice exports. Milled basis
preferred to rice after husk and bran layers are removed. Note: F = forecast. Chart courtesy of the
USDA.WASHINGTON, D.C., U.S. – Global rice trade is projected to increase 1% to
42.3 million tonnes in 2018, the third highest on record and the second
consecutive year of expanded trade. The
U.S. Department of Agriculture’s (USDA) Economic Research Service (ERS) noted
that a major factor behind the expanded trade in 2018 is increased exports from
three of the top six exporters—Vietnam, Pakistan, and Burma.
Vietnam’s
2018 exports are expected to increase 400,000 tonnes, to 6 million tonnes, due
to increased demand from Southeast Asia, especially from the Philippines. China is again forecasted to be the largest
export market for Vietnam’s rice. Pakistan is projected to export 4.1 million
tonnes of rice in 2018, up 100,000 tonnes from a year earlier, a result of a
slightly larger crop, the USDA said.
Burma is expected to export 1.7 million tonnes of rice in 2018, up
100,000 tonnes from 2017, primarily due to stronger demand from regional buyers
and the E.U.
In contrast, India’s exports are projected to
drop 500,000 tonnes in 2018 due to a smaller crop and stronger domestic use.
According to the USDA, Thailand’s exports are expected to be flat in 2018,
while U.S. rice exports are projected to decline 50,000 tonnes as a result of
higher prices and tighter supplies.
http://www.world-grain.com/articles/news_home/World_Grain_News/2017/07/Vietnam_Pakistan_Burma_expecte.aspx?ID=%7BF5D0A983-7F41-4958-9C0E-F114C5702997%7D
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