Europe Basmati Rice Market Research Report 2017
This report studies the Basmati
Rice market status and outlook of Europe and major countries, from angles of
players, countries, product types and end industries; this report analyzes the
top players in Europe and major countries, and splits the Basmati Rice market
by product type and applications/end industries.
European basmati rice market size
reached to 437.46 million USD in 2017. The Global Basmati Rice Market
Research Report Forecast 2017-2022 is a valuable source of insightful data for
business strategists. It provides the Basmati Rice industry overview with
growth analysis and historical & futuristic cost, revenue, demand and
supply data (as applicable). The research analysts provide an elaborate
description of the value chain and its distributor analysis. This Basmati Rice
market study provides comprehensive data which enhances the understanding,
scope and application of this report.
The major players in Europe
market include
HBI
Kohinoor Foods
Amira Nature Foods
East End Foods
The Rice ‘n Spice International
Van Sillevoldt Rijst
Absolute Trading
Best Foods
Haudecoeur
Matco Foods
LT Foods.
KRBL Limited
Lal Qilla
HollyHolding
Lazzatfoods
Download sample pages of this
report: https://goo.gl/cZfGEc
About Us:
Key Market Insights is a
stand-alone organization with a solid history of advancing and exchanging
market research reports and logical surveys delivered by our numerous
transnational accomplices, which incorporate both huge multinationals and
littler, more expert concerns.
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Mr.Mannan
sales@kminsights.com
+1 (888) 278-768
Download sample pages of this
report: https://goo.gl/cZfGEc
Swiss ambassador interacts with rice growers
ISLAMABAD (APP): Ambassador of
Switzerland to Pakistan, Marc P George participated in a training session for
rice growers and interacted with the farmers on Tuesday. The capacity building
training workshop was organised by Rice Partners Pvt Ltd (RPL) in collaboration
with MARS food, Helvetas Swiss Inter-cooperation in Sheikhupura, says a statement
issued here on Tuesday. The Swiss ambassador was briefed about the Rice
Partners contracting and control farming programme to improve the farmer's
livelihood by the Chief operating Officer Muhammad Ali Tariq.
The chief operating officer said
they are promoting sustainable rice production and water productivity in rice
value chain with support of SDC, Helvetas Inter-cooperation and MARS food. He
further said RPL started this contract farming programme in 2011 with 31
farmers and now in 2017 RPL has more than 600 farmers in their contract, whom
they procure rice/paddy every year, and send quality rice to the global market.
Moreover, RPL has trained more than 10,000 farmers in sustainable agriculture, water productivity crop in rice value chain and crop management. RPL contract farming programme help the farmers a lot in terms of low cost on crop production, water efficiency in the rice cultivation and livelihoods of the farmers have been improved.
The Swiss Ambassador appreciated the unique model of contract farming system in rice value chain by RPL, The ambassador also addressed the rice farmers and said that his country also had the same water shortage issue but they have resolved it with good management.
He said, “No country can alleviate poverty and
hunger without agriculture, and similarly no country in the globe can tackle
this challenge alone, we must work all together.” He further said that he is
happy that the Swiss government is supporting the farmers of Pakistan to
preserve the natural resources and produce quality product for entire world.
He also discussed the historical relation of Pakistan and Switzerland and role of SDC for empowering the communities of Pakistan. The ambassador also visited the rice processing plant and took briefing about details of plant, machinery and working system.
He also discussed the historical relation of Pakistan and Switzerland and role of SDC for empowering the communities of Pakistan. The ambassador also visited the rice processing plant and took briefing about details of plant, machinery and working system.
WAPRO Project Manager Zafar Iqbal gave a comprehensive presentation to the ambassador about contract farming system, outline of WAPRO project and its vitality in implementation of global best practices for improving resource use efficiency. He explained multiple interventions initiated under the WAPRO project like Land Laser Levelling, direct seeding of rice, use of AWD tubes to save irrigation water and post-harvest management practices to reduce harvest losses.
Rice: Stirring Up Trouble in International Trade
Aug 31, 2017 |
09:15 GMT
Rice: Stirring
Up Trouble in International Trade
Aug 31, 2017 | 09:15 GMT
Aug 31, 2017 | 09:15 GMT
(JOHANNES
EISELE/AFP/Getty Images)
Highlights
§ Among
basic commodities, rice is one of the most heavily protected by governments
worldwide, particularly in the Asia-Pacific region.
§ The
global rice market will likely be vulnerable to disruption in the short term as
exports remain concentrated among a handful of producers.
§ The
rice industry will continue to be a point of contention in international trade
negotiations — especially those that involve the United States, the only major
rice exporter in which the bulk of the population doesn't consider the grain a
dietary staple.
To
most of the world, rice is more than just a food; it's a staple of national history and cultural identity.
Across South Asia, Southeast Asia and Africa, the grain is a key ingredient in
the everyday diet and a cornerstone of regional economies. But in addition to
being one of the world's most popular commodities, rice is among the most
vulnerable. Rice exports are currently concentrated among a handful of
producers, protective trade measures are rampant in the sector, and the grain's
variants cannot be easily substituted for one another — all factors that make
the industry highly susceptible to disruptions in the market. These risks are
unlikely to lessen in the near future, as rice seems all but certain to remain
a sticking point in upcoming trade negotiations that involve the United States
or its Asian competitors.
A Hot Commodity
The
world has consumed rice for centuries, but it has traded the grain for only a
fraction of that time. Unlike wheat and corn, which have been incorporated into
cross-border commerce for hundreds of years, rice didn't make its entrance into
the global market until the tail end of the 20th century. The passage of the
General Agreement on Tariffs and Trade in 1947, followed by the establishment
of the World Trade Organization (WTO) in 1994, breathed new life into the
international exchange of goods and services.
Though
the dawn of this liberal economic order has caused the global rice trade to
quadruple since the 1980s, those exchanges still involve less than 10 percent
of the globe's total rice output. Instead, a few producers — all of which are
located in South Asia and the Asia-Pacific, with the exception of the United
States — dominate rice exports worldwide. And in a region where government
performance is often closely intertwined with the production and cost of rice,
Asian officials have every reason to ensure that output and supply levels stay
steady.
(Stratfor
2017)
Of
course, not all rice is created equal, at least in the eyes of the consumer.
The grain boasts more than 20 different variants, broadly categorized as
fragrant or non-fragrant, and buyers aren't always willing to trade one for
another. Such preferences matter, since producers specialize in cultivating
different strains. India and Pakistan, for instance, have a clear lead in the
export of basmati rice (which, along with the jasmine variety, is one of the
two most prominent types of fragrant rice) to the Middle East and Europe. In
fact, thanks in large part to Indian exports, basmati rice production has
exploded in recent years. Meanwhile, jasmine producers are clustered in
Southeast Asia, where Thailand has long held the edge in output, though it has
been joined by up-and-comers Vietnam and Cambodia in recent years.
(Stratfor
2017)
As
is true for many products, rice consumers also put a premium on quality.
Producers whose grain is typically deemed lower quality, such as Vietnam, often
compensate by trading their goods at a discount to those of higher-quality
producers like Thailand. Governments routinely wade into the industry as well,
propping up otherwise-uncompetitive growers and implementing price controls to
protect local farmers. According to the Organization for Economic Cooperation
and Development, rice producers received $60 billion in subsidies in 2014 — a staggering
figure, considering the total value of rice traded globally that year was
roughly $20 billion.
Ingrained in Global Tradition
Over
the past few years, these protective measures have led to several important
shifts in the international rice market. India, which has always been a large
rice producer, surged to the top of the world's rice exporters with the help of
subsidies and a weak rupee. The expansion of crops has only added to the considerable strain on India's water resources,
and New Delhi will find it increasingly difficult to meet the industry's
irrigation needs if it does not quickly enact water use reforms.
Much
like India, China has also taken steps to bolster domestic rice production. But
high rice prices buoyed by government funding, coupled with rising consumption
at home, ironically have transformed China into one of the world's biggest rice
importers. Despite the restrictive import quotas Beijing has implemented, rice
grown outside China's borders is simply much cheaper than rice grown within
them. So while the government's regulations have ensured that rice grown abroad
accounts for a small percentage of the country's consumption, the sheer size of
the Chinese market has guaranteed the nation a crucial role in the global rice
market.
China's
insatiable demand for imported rice won't disappear anytime soon. Nor will the
subsidies Beijing provides for its farmers, though the government is expected
to lower artificially high prices by 1.5 percent in the 2017-18 growing season.
Determined to pry open the Chinese market, the United States filed a suit
against China in the WTO late last year, citing Beijing's import quotas for
rice, wheat and corn. But although Washington may have some success in gaining
access to other grain products, rice is likely to remain closely protected
because of its significance to Chinese culture. And given China's status as the
world's largest rice importer, it will have the heft to dictate many barriers
in the industry, including phytosanitary regulations — a type of measure that
will likely be at the center of Beijing's future trade talks with Washington.
Meanwhile, China's influence over global rice production reaches beyond its own
consumption patterns and protective measures. Rice farmers in Thailand and
Vietnam, for instance, rely heavily on the
Mekong River to irrigate their crops, but China has sought
greater control over the water source in hopes of boosting its influence
throughout the region.
(Stratfor
2017)
Nevertheless,
Southeast Asian rice producers may pose a bigger threat to themselves than
China does. The success of many regional governments is intimately linked to
that of rice, and administrations often use aid for the sector to shore up
their support among rural communities. Thailand, for example, spent $16 billion
between 2012 and 2014 to prop up local farmers in the face of growing
competition from its neighbors and stubbornly low commodity prices
abroad. The country's unstable political structure and
dwindling funds, however, have led to numerous adjustments in the subsidy
scheme, introducing more uncertainty into the market. And in countries where
rice is part of a society's cultural fabric, such as Thailand, officials could
try to keep the sector's subsidies in place long after they have proved
financially unsustainable — to the detriment of domestic rice producers in the
long run.
The
heavy subsidies of the past few decades have already spurred
overproduction in the international market. Despite attempts by the Thai and
Vietnamese governments to persuade rice farmers to switch crops, global output
has swelled to just over 42 million tons — lower than levels seen in 2014, but
higher than those in 2016. Much of this year's growth can be attributed to
Vietnam, whose rice production has risen alongside Middle Eastern demand.
Because the populations of the Middle East and Africa are poised to increase in
the years ahead, competition will intensify among the world's major rice
producers as they seek to carve out a share of both markets.
The Root of Asian Trade Talks
Protectionism
isn't reserved for the developing world, either. Though Japan and South Korea
play only minor roles in the global rice trade, each has tariffs of 200 percent
or more in place in the sector and spends billions of dollars per year on rice
subsidies. By comparison, producers in the United States, which is the only
developed country with a place among the world's top five rice exporters,
receive less political and social support than their Asian peers.
(Stratfor
2017)
Because
the United States grows far more rice than it consumes, American farmers rely
on exports — and by extension, advantageous trade agreements — to make ends
meet. This explains why U.S. rice producers were disappointed with the Trans-Pacific Partnership when it was
initially signed: They gained little new access to the Japanese market, which
was already prone to devaluing American rice by leaving it in storage or
including it in food aid shipments. Moreover, Mexico agreed to eliminate duties
on rice imports from Vietnam — one of the United States' main competitors in
the Mexican market. Though Washington ultimately withdrew from the multilateral
pact, its history is telling of the challenges that lie ahead for the bilateral
trade talks meant to replace it.
The
United States' trade pact with South Korea is one such deal up for
renegotiation — at least, Washington hopes. Seoul has already promised to
reject any changes to the two countries' existing agreement that are not
recommended by an objective joint commission. Should the talks reopen, however,
rice may prove to be as sticky an issue as it was in 2007, when negotiators
took the topic off the table to ensure the deal's initial implementation.
In
the coming months, rice will remain at the heart of trade negotiations
involving Asia's biggest rice producers and consumers. As we have seen in
recent bilateral deals between the European Union on one hand and Japan,
Mercosur and Canada on the other, even small points of controversy can delay or
derail trade agreements, particularly when it comes to agriculture. And rice is
no small matter to most Asian nations. Still, while some countries may be
tempted to exclude the sector from trade talks in order to push them forward,
the global rice market will continue to be plagued by the volatility and
inefficiency that come with excessive subsidies if steps are not taken to
moderate them
Harvey
Moves Through Louisiana
SOUTHWEST, LA -- Tropical Storm Harvey is cutting a wide path
across the mid-south as heavy rain and winds up to 40 mph move through rice
growing regions in the area. Early yields had indicated an average
year here and a bumper crop for northeast Louisiana so a lot is riding on what
the weather does in the next couple of days.
Dustin Harrell at the LSU AgCenter in Rayne, LA, reported that approximately 95 percent of the rice in the southwest region of Louisiana had been harvested before the storm hit, with 10,000 acres or so unharvested at the time. Harrell said, "The hardest hit areas were Calcasieu, Cameron, Vermilion, and Jeff Davis Parishes. A lot of that rice was lodged and, what was not lodged has a lot of grain sprouted on the panicles due to continuous wet conditions. This will cause reductions in quality if this rice can be harvested quickly, or may cause complete loss if it cannot be harvested soon."
According to Harrell, the big unknown at the moment is the ratoon rice in that area. Ratoon rice is very important economically and it too can be lost if the ratoon stubble remains submerged for several days.
In Lake Charles, Ann Stone at Farmers Rice Milling Company, said, "Heavy rain caused us to lose 48 hours of business time, not being able to mill, ship out to customers, or receive rough rice."
Dustin Harrell at the LSU AgCenter in Rayne, LA, reported that approximately 95 percent of the rice in the southwest region of Louisiana had been harvested before the storm hit, with 10,000 acres or so unharvested at the time. Harrell said, "The hardest hit areas were Calcasieu, Cameron, Vermilion, and Jeff Davis Parishes. A lot of that rice was lodged and, what was not lodged has a lot of grain sprouted on the panicles due to continuous wet conditions. This will cause reductions in quality if this rice can be harvested quickly, or may cause complete loss if it cannot be harvested soon."
According to Harrell, the big unknown at the moment is the ratoon rice in that area. Ratoon rice is very important economically and it too can be lost if the ratoon stubble remains submerged for several days.
In Lake Charles, Ann Stone at Farmers Rice Milling Company, said, "Heavy rain caused us to lose 48 hours of business time, not being able to mill, ship out to customers, or receive rough rice."
|
|
Josh Sikes stands in his
flooded crop near Vinton, LA (photo by Bruce Schultz) |
|
Farmers in the area are keeping a close watch on their rain
gauges and waiting patiently for the storm to head out.
About 36 miles northeast of Lake Charles, Eric Unkel plans to begin harvesting tomorrow on his place near Kinder. He said, "We didn't receive that much rain although it's still too wet to get trucks into the field to load out right now."
Kevin Berken, who farms rice and soybeans in Lake Arthur, 40 miles south of Kinder, had already harvested all of his first crop and reports getting about 16 inches of rain so far. "We've been lucky that the rain was spread out over the last five days and not a continuous downpour. My soybean crop is a different story - we don't know at this point how much of a negative effect the daily rains will have. It's not going to help that's for sure."
About 36 miles northeast of Lake Charles, Eric Unkel plans to begin harvesting tomorrow on his place near Kinder. He said, "We didn't receive that much rain although it's still too wet to get trucks into the field to load out right now."
Kevin Berken, who farms rice and soybeans in Lake Arthur, 40 miles south of Kinder, had already harvested all of his first crop and reports getting about 16 inches of rain so far. "We've been lucky that the rain was spread out over the last five days and not a continuous downpour. My soybean crop is a different story - we don't know at this point how much of a negative effect the daily rains will have. It's not going to help that's for sure."
|
|
|
Human rain gauge on
Paul Johnson's farm measures
17 inches of rain on rice |
At Paul Johnson's operation located on the Jeff Davis/Cameron
Parish line, all of his main rice crop is harvested, but the ratoon crop is
still in the field. "We spent all day yesterday hauling hay bales by
boat to low spots in our protection levees to try to keep rising water off of
the farm," he said. "Right now about a third of my ratoon crop,
about 30 percent of my overall annual production, is under water. Storm
surge, strong southerly winds, and high tides make the drainage in our area a
slow process."
"In comparison with all those to the west of us who have lost their homes and crops, we are in pretty good shape," Berken said. "Hopefully the waters will recede quickly and we can move on. We certainly don't need any more weather issues like the low pressure that has a possibility of heading our way for next week. That would drive the stake through our hearts.
"In comparison with all those to the west of us who have lost their homes and crops, we are in pretty good shape," Berken said. "Hopefully the waters will recede quickly and we can move on. We certainly don't need any more weather issues like the low pressure that has a possibility of heading our way for next week. That would drive the stake through our hearts.
USA Rice Daily
Rice traders who set higher price to face sanctions: VP
29th August 2017 |
Jakarta (ANTARA News) - Vice President Jusuf Kalla
reiterated that the authority would impose sanctions against rice traders who
set medium and premium quality rice price higher than its ceiling price.
"There will be monitoring and sanctions and, at least, revocation of the license for those who sell rice above the ceiling price," Kalla said here on Tuesday.
The government has formulated sanctions against traders who violate the regulation, while waiting for the imposition of rice ceiling price on Sept 1.
Previously, Trade Minister Enggartiasto Lukita noted that national rice traders have agreed on the imposition of ceiling price for medium and premium quality rice, which would take effect on Sept 1.
The ceiling price would be imposed in both traditional and modern markets. It was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi.
In Sumatra region, apart from South Sumatra and Lampung, East Nusa Tenggara and Kalimantan, the ceiling price for medium quality rice was set at Rp9,950 per kilogram and Rp13.3 thousand per kilogram for premium quality.
For Maluku, including North Maluku and Papua, the ceiling price for medium and premium quality rice was set at Rp10,250 per kilogram and Rp13.6 thousand per kilogram, respectively.
The government has categorized rice into three types, namely first category, which includes medium rice with minimum milling degree of 95 percent, maximum moisture content of 14 percent, and maximum broken rice of 25 percent.
The medium quality rice could be sold in bulk or in packages, but it must enclose the medium label and its ceiling price in the package.
The second category includes premium rice with 95 percent of milling degree, maximum moisture content of 14 percent, and maximum broken rice of 15 percent. Premium quality rice is sold in packages and must enclose the premium label and its ceiling price as well.
Another category is special rice quality that would be managed separately by the Agriculture Ministry. This will include Thai Hom Mali, Japonica, Basmati, sticky rice, organic rice, and GI (geographical indication) certified rice.
"For this special rice category, we are yet to set (the ceiling price)," Enggartiasto explained.(*)
"There will be monitoring and sanctions and, at least, revocation of the license for those who sell rice above the ceiling price," Kalla said here on Tuesday.
The government has formulated sanctions against traders who violate the regulation, while waiting for the imposition of rice ceiling price on Sept 1.
Previously, Trade Minister Enggartiasto Lukita noted that national rice traders have agreed on the imposition of ceiling price for medium and premium quality rice, which would take effect on Sept 1.
The ceiling price would be imposed in both traditional and modern markets. It was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi.
In Sumatra region, apart from South Sumatra and Lampung, East Nusa Tenggara and Kalimantan, the ceiling price for medium quality rice was set at Rp9,950 per kilogram and Rp13.3 thousand per kilogram for premium quality.
For Maluku, including North Maluku and Papua, the ceiling price for medium and premium quality rice was set at Rp10,250 per kilogram and Rp13.6 thousand per kilogram, respectively.
The government has categorized rice into three types, namely first category, which includes medium rice with minimum milling degree of 95 percent, maximum moisture content of 14 percent, and maximum broken rice of 25 percent.
The medium quality rice could be sold in bulk or in packages, but it must enclose the medium label and its ceiling price in the package.
The second category includes premium rice with 95 percent of milling degree, maximum moisture content of 14 percent, and maximum broken rice of 15 percent. Premium quality rice is sold in packages and must enclose the premium label and its ceiling price as well.
Another category is special rice quality that would be managed separately by the Agriculture Ministry. This will include Thai Hom Mali, Japonica, Basmati, sticky rice, organic rice, and GI (geographical indication) certified rice.
"For this special rice category, we are yet to set (the ceiling price)," Enggartiasto explained.(*)
Madhya Pradesh basmati claims spark protest, exporters, farmers call it unjustified
Indian farmers and traders enjoying
premium in the world basmati rice markets due to the geographical
indication (GI) status of the aromatic, long-grained cereal have come up against Madhya Pradesh’s “unjustified bid” to partake
in the success.
Indian farmers and traders enjoying
premium in the world basmati rice markets due to the geographical
indication (GI) status of the aromatic, long-grained cereal have come up against Madhya Pradesh’s “unjustified bid” to partake
in the success. (Image: IE) Aditya Birla Capital shares make exchange debut; list at Rs 250, without
IPO
Indian farmers and traders enjoying
premium in the world basmati rice markets due to the geographical
indication (GI) status of the aromatic, long-grained cereal have come up against Madhya Pradesh’s “unjustified bid” to partake
in the success.
While the Chennai-based GI Registry is set to decide on MP’s
application for inclusion of the state’s several districts as
traditionally basmati-growing on Thursday, the current
holders of the GI tag — 77 districts across seven states on the Indo-Gangetic
Plain — have argued that if the central Indian state’s plea is accepted, the GI
would lose its goodwill and exclusive credentials. Also, it will give a window
for other countries including Pakistan and C
hina to claim the GI benefits.
Exporters under the banner of the All
India Rice Exporters Association (AIREA) wrote to
the commerce ministry saying inclusion of MP in basmati-rice-grown areas would “open up a
plethora of appeals to include other areas which would dilute GI credentials of
India”. The expansion of the GI region for basmati would hit India’s exports of the
item, even as exporters’ price realisation is already under
pressure. India exported basmati rice worth Rs 21,604 crore in
2016-17 against the all-time high shipments of Rs 29,300 crore in 2013-14
despite volumes having risen.
Currently, 11 districts in Pakistan also grow basmati rice and export the item to
Europe thanks to an India-Pakistan agreement. “This GI ownership of basmati riceis an understanding between the
European Union and India-Pakistan giving us an edge over the rest of the world.
Any distortion in the well-defined and historically established boundaries of
the GI zone will damage the uniqueness and creditability of basmati,” AIREA president Vijay Setia said in
a letter to commerce secretary Rita Teaotia. Setia has cautioned that many
other countries are claiming that they too can grow basmati rice.
In February 2016, seven
years after filing the application, the GI Registry granted GI certification
for basmati rice to the Agricultural and
Processed Food Exports Development Authority (APEDA) under the commerce
ministry.
The registry also allowed stakeholders from Madhya Pradesh to submit fresh documents
for inclusion in basmati-grown areas. The Madhya Pradeshgovernment in its submission had
stated that gazetteers from British times refer to cultivation of basmati rice in the state and that
climatic conditions in the state are as favourable as in other states to
growing the rice.
The districts of Morena, Bhind, Gwalior, Sheopur, Vidisha,
Raisen, Sehore, Hoshangabad, Jabalpur and Narsingpur used to grow basmati rice, it said. Besides AIREA and
APEDA, the Punjab and Haryana governments have already contested the evidence
of Madhya Pradesh, describing those as
unscientific and without any proper verification. India commands an 85% share
in global basmati trade at present.
Following the GI notification, farmers in 77 districts of seven states —
Punjab, Haryana, Himachal Pradesh, Uttar Pradesh, Uttarakhand, Delhi and Jammu
and Kashmir — have the special right to grow basmati rice. GI, a form of intellectual
property right (IPR), is distinct from other forms of IPRs as it ascribes the
exclusivity to the community in a defined geography rather than to an
individual as in the case of trademarks and patents. A GI tag can be
issued for agricultural, natural or manufactured goods that have a unique
quality, reputation or other characteristics attributable to its geographical
origin.
A GI registration gives the registered proprietor and authorised
users the legal right to the exclusive use of the GI, and no unauthorised
person can use the tag. For example, Darjeeling tea, Kancheepuram silk, Mysore
silk, Hyderabad haleem, Mizo chilli products, etc, sold with the GI tag get
premium pricing as well. According to official data, 272 products have got GI
certification for preserving their uniqueness so far
http://www.financialexpress.com/india-news/madhya-pradesh-basmati-claims-spark-protest-exporters-farmers-call-it-unjustified/833937/
Govt to import 2.5 lakh tonnes of
rice
12:00
AM, August 31, 2017 / LAST MODIFIED: 04:00 AM, August 31, 2017
The government is going to import 2.5 lakh tonnes of white rice
from Cambodia at a price which is 5.34 percent higher than the rate it paid to
Vietnam as it seeks to boost stocks. The cabinet committee on purchase
yesterday approved a proposal to bring in 2.5 lakh tonnes of rice from Cambodia
under a state-to-state arrangement at $453 per tonne.
Earlier in June, the government decided to import 2 lakh tonnes of
white rice from Vietnam through state-to-state arrangement at $430 a tonne.
Yesterday's price is also higher than the international market
rate this week.
The price of rice was $425 per tonne in Thailand, $435 in India,
$445 in Vietnam and $403 in Pakistan this week, according to food ministry
data.
Compared to neighbouring countries, the price of Cambodian rice is
usually higher as the country does not use chemical fertiliser and pesticide in
rice production, said a food ministry official.
The official said Cambodian rice has a reputation in the
international market.
The purchase committee also approved imports of 50,000 tonnes
parboiled rice through bidding at $407.89 per tonne. The lowest bidder,
Regington Enterprises Ltd, will supply the staple.
In total, the import of 3 lakh tonnes of rice will cost Tk 1,109
crore.
In the second week of August, the purchase committee gave consent
to three deals on food grain imports, including 1 lakh tonnes of wheat and
50,000 tonnes of boiled rice.
The development comes as rice production suffered major losses due
to flash floods and fungal attacks.
The flash floods in six northeastern haor districts and the fungal
attacks (rice blast) in 19 districts during the boro season led to the loss of
20 lakh tonnes of the staple, according to the food ministry.
At least 20 districts in the north and elsewhere have been flooded
in the past few days, which might affect the aman crop.The rice imports from
Vietnam and Cambodia aims to raise the country's food grain stock, which went
below 2 lakh tonnes in recent times.Thanks to a number of recent government
initiatives, rice stock increased to 3.16 lakh tonnes on August 21.
A cabinet committee meeting last week decided to import 20 lakh
tonnes of food grains -- 15 lakh tonnes of rice and 5 lakh tonnes of wheat --
this fiscal year.This is 11 lakh tonnes more than the government's earlier
projected food import volume of 9 lakh tonnes. Over the past two months,
the cabinet approved proposals to float tender to import 3.5 lakh tonnes of
rice. Yesterday, the cabinet also approved the import of 1.38 lakh barrels of
octane from Indonesia's state agency PT Bumi Siak Pusako Zapin under a
government-to-government arrangement at a premium of $4.55 per barrel.
The committee also approved a proposal to import LNG from Qatar
and gave the go-ahead to purchase electricity from a number of private power
plants.United Enterprise will set up a 115-megawatt diesel-based power plant in
Jamalpur district. The government will buy electricity from the plant at Tk
8.73 a kilowatt hour.
Besides, the tenure of two existing power plants was extended by
five years. During the extended period, the government will buy electricity at
Tk 2.51 per kWh from Ashuganj 55MW plant owned by Precision Energy Ltd. Earlier
the tariff was Tk 2.91.
The government will pay Tk 11.53 per kWh to buy power from 100MW
Powerpac-Mutiara Keraniganj Power Plant Ltd.
http://www.thedailystar.net/business/govt-import-25-lakh-tonnes-rice-1456438
How India is paying the price of
rice exports to Iran; the story is of crashed markets, reneging buyers
There are whispers
in the market that Iranian buyers are yet to pay for 1.25 lakh tonnes of
rice—valued at nearly Rs 875 crore—that had been shipped out in 6,000
containers a few months back.
There
are whispers in the market that Iranian buyers are yet to pay for 1.25 lakh
tonnes of rice—valued at nearly Rs 875 crore—that had been shipped out in 6,000
containers a few months back. (Image: IE)
There is now the risk of
non-payment/delayed payment/outright loss against large volumes of basmati rice
shipped to Iran. There are whispers in the market that Iranian buyers are yet
to pay for 1.25 lakh tonnes of rice—valued at nearly Rs 875 crore—that had been
shipped out in 6,000 containers a few months back. Small- and medium-sized
exporters had entered into contracts with Iranian buyers for rice priced at Rs
65,000-70,000 per tonne—with the average value almost 25% higher than those
realised in 2016-17. Reportedly, the Iranian rice market has crashed and
buyers have reneged on the contract price. But after protracted negotiations,
cargoes are being accepted at a discounted value of around Rs
44,000-50,000/tonne—which effectively means a price cut of about 30%, or an
outright loss of Rs 260 crore.
Even then, the payment is being
offered on a deferred basis, against future purchases by inflating invoice
values. This is as per mutual convenience. However, such settlement may vary
depending on the understanding between the parties. The result of
non-payment/loss at such scale is that payments to farmers for the paddy could
also get delayed. Suppliers of PP bags, transporters and handling agents at the
port may also remain unpaid. Since exporters generally avail pre-shipment
credit from banks, ultimately, banks are exposed to the risk of
non-payment—that may worsen the bad loan count. Iran has a regular requirement
of Indian Pusa 1121 (parboiled) basmati rice, varying between 0.7 million
tonnes (mt) to 1 mt annually depending upon its domestic output. Value-wise,
Indian shipment to Iran touched $1.8 billion in FY14, but was down, at $0.57
billion, in FY17. India ships out about 4 mt of such rice in to international
markets annually without any serious payment problems.
It is not the first time that
shippers have had to face delayed-/non-payment by Iranian buyers. There have
been defaults/short payments in past as well. There has been frequent
recurrence of such non-payment, wherein sellers have either suffered a total loss
or loss of profit. Even soyabean meal cargoes in the past have met a similar
fate. It is immaterial whether the buyer is a private party or an entity run by
the government of Iran.
The distinctive feature of this trend is that the same Iranian buyers often front new companies as purchasers, while Indian counter-parties conclude rice contracts at seemingly advantageous prices. Once the shipment is made, shipping documents are forwarded usually on DP (documents to be delivered to buyer by the bank against payment) or other terms, but seldom against letters of credit.
The distinctive feature of this trend is that the same Iranian buyers often front new companies as purchasers, while Indian counter-parties conclude rice contracts at seemingly advantageous prices. Once the shipment is made, shipping documents are forwarded usually on DP (documents to be delivered to buyer by the bank against payment) or other terms, but seldom against letters of credit.
Iranian buyers dither in making
payments through banking channels; shipping documents are allowed to stagnate
in Iranian banks or are declared deficient while rice is not lifted from the
destination port. With the stalemate on payment and fear of cargo going bad,
sellers rush to Iran to settle the matter—resulting in the Iranians forcing
discounts or settlement at arbitrary terms.At a time when the government is
focusing on farm income growth, it is important that this issue is resolved
once and for all. The Agricultural and Processed Food Products Export
Development Authority (Apeda) is the India’s controlling body for export of
basmati rice. Allowing open and free exports of rice to Iran must be reviewed,
and such exports need to be secured with suitable restrictions.
Put simply, this could be
enforced through a “canalised payment mechanism” via an authorised agency like
Apeda. A possible procedural format for this could be as follows: An exporter/seller
may sign a contract with an Iranian buyer with the stipulation of 100% advance
payment to be made to Apeda within 7-10 days of the contract signing. The date
of receipt of payment by Apeda could be treated as the effective date of
contract. Apeda then notifies this date to both the seller and buyer; custom
may clear cargo offered by seller for shipment after receipt of written
acknowledgement from Apeda of payment having been received from Iran. The buyer
can nominate its inspection agency with the condition that inspection at
loading port being deemed final.
Apeda should effect payment to
the seller after receipt of shipping documents that require compliance—as
agreed in the contract—and issue a “no objection certificate” to the bank of
the seller so that foreign exchange earnings accrue to the seller/shipper. In
case the seller defaults in making shipment, Apeda should remit the funds back
to the buyer at the cost of seller, including any difference in the rate of
exchange, and it shall not be liable for any quality/quantity/delayed shipment
claims whatsoever. Apeda/the directorate general of foreign trade will also
list buyers who have earlier reneged on commitments, as also the brand names of
the rice they sell in the Iranian market, and maintain an abeyance list for
them.
The government can also nominate
another trading PSU for the said purpose if Apeda is not willing to undertake
this activity. Such a payment security system should be tried for at least two
years, and depending upon its efficacy, can be reviewed thereafter. Exports
without receipt of full payment retard economic activity. When a suitable
security mechanism is introduced and fake importers are filtered out, buyers
with respectable credentials and financial capabilities will trade with Indian
counter parties. Exports will be truly rewarding when transactions are
considered clean and above board and probability of disputes diminish.
http://www.financialexpress.com/opinion/how-india-is-paying-the-price-of-rice-exports-to-iran-the-story-is-of-crashed-markets-reneging-buyers/833856/
Half and Half: A culinary journey
from Nepal Thursday,
August 31, 2017 By MARIA
ELENA CATAJAN
THE
flavors of Nepal will surely tickle your taste buds as the newest addition to
food palate of the city, serving authentic Nepali cuisine has opened. Half and
Half is a partnership between Juilan and Andria Shakya and longtime friend
Bernie Figer, opening their doors to the public last month with the aim to
bring authentic Nepalese and Himalayan food to the mountain city. All spices
from the pure Himalayan salt to the cadmium and basmati rice is taken from the
markets of Nepal sent to the city to assure an authenticity that make Half and
Half, as the only Nepalese restaurant in the Cordillera.
Andria
explains the name of the restaurant has a double meaning, pertaining to
traditional hand gesture in Nepal when the words "Namaste" is
uttered, putting two hands together in greeting “So two hands or two halves
make a whole.” Half and Half is located at Outlook Drive and houses a large
dining area and basement pub serving breakfast, lunch, dinner, drinks and
coffee. The restaurant aside from the food is decorated with odds and ends of
authentic stones, wood art, metal, gold and copper accessories with masks,
metal crafts including Tibetan and Nepalese traditional crafts, prayer wheels
and carvings all from the collection of Namaste, a local shop where Nepalese
treasures can be found.
Andria
said the meaning of the moniker is likewise meant to denote the fusion of
cuisine they want to eventually serve, which will be a mix of Filipino,
American, Chinese, Himalayan and Nepalese. “We would want to serve a little of
every culture. To give our customers a wholesome experience. Half of everything
we can give to make a whole,” said Andria. Nepalese cuisine is branded to be
spice rich, blending flavors to make your ordinary chicken, beef, pork and
vegetable base stand out, with the proper mix of spices. Best seller is the
Nepali favorite steamed momo, a stuffed dumpling filled with grinded chicken or
pork meat, one of the most popular dishes in Nepal. This dish is an example of
Tibetan influence in Nepali cuisine. Another favorite is the Dhal Makhani, a
lentil dish cooked in butter [makhan]. The dish literally means to cook lentils
in rich butter for hours to yield a creamy, thick and best tasting soup like
dish best paired with rice or roti [bread].
The Half and Half Samosa is taken from the
well-known Nepal appetizer made from curried potato and peas filled into a
pastry dough deep fried until crispy dipped in a green-spicy chutney usually
served alongside the somasa. The star of the show is the Chicken biriyani, a
one pot meal made out of basmati rice with marinated chicken full of flavors
and spices and herbs. In Nepal, it is usually made with rice, chicken, green
beans, and carrots with an added range of spices such as cardamom, bay leaves,
coriander, ginger, onions, chili and garlic. The dishes are made by the
23–year-old self-taught Nepalese chef Nabin Lama, who holds a treasure trove of
passed on recipes from Nepal which he is sharing in Half and Half and now to
the entire city.
http://www.sunstar.com.ph/baguio/feature/2017/08/31/half-and-half-culinary-journey-nepal-561557
Wrapped pieces of sushi exit a Suzumo Machinery Co. machine
during a demonstration at its factory in Kawashima, Saitama Prefecture, on Aug.
7. Suzumo Machinery's robots are used by about 70,000 customers around the
world, ranging from sushi chains to factories, and account for about 70 percent
of the market for the equipment at restaurants, according to Suzumo's
estimates. | BLOOMBERG
How a rice lover’s robot revolutionized the modern sushi
industry
BY TOM REDMOND, NAO
SANO AND NAOMI SCHANEN
BLOOMBERG
AUG 31, 2017
Kisaku Suzuki, creator of
the world’s first sushi robot, once ran a company that made candy-wrapping
machines. And he was angry.
Why had the Japanese government
embarked on a policy to limit rice production, effectively paying some farmers
to keep their paddy fields idle? For Suzuki, rice was the sacred heart of the
country’s economy. He started to think about how to make the staple food more
popular, so that Japan had no reason to restrict the crop.
And that’s when it came to him:
He would use his firm’s knowledge of candy-packaging machines to develop the
robot. The idea, while off-the-wall in the mid-1970s, had a simple premise. If
he could lower the cost of making sushi by mechanizing parts of the process and
reducing the need for highly paid chefs, he could bring the previously elite
dish to the masses, and in doing so increase demand for rice.
Four decades later, Suzumo Machinery Co.’s robots are used by
about 70,000 customers around the world, ranging from sushi chains to factories,
and account for about 70 percent of the market for the equipment at
restaurants, according to Suzumo’s estimates. Kaiten sushi, also known as
conveyor belt sushi, has become a ¥660 billion (about $6 billion) industry in
Japan alone, partly thanks to Suzuki’s invention.
An employee puts a bowl of rice into a Suzumo Machinery Co.
sushi machine during a demonstration. | BLOOMBERG
Cheap sushi “couldn’t have
happened without our machines,” said Ikuya Oneda, who succeeded Suzuki as
Suzumo president in 2004, a year before the founder died, and took over his
life’s work. “You can certainly say that.”
When Suzuki started to create his
robot, he met nothing but resistance. In 1976, sushi was still largely a food
for special occasions. It was mostly sold through a legion of small
restaurants, where artisan chefs dispensed morsels with no price tags and
charged how they saw fit.
Not surprisingly, those chefs
were up in arms when they heard about Suzumo’s plan. In their view, it took 10
years to train someone to make sushi. No machine could possibly do the job.
Suzumo asked some of the very people it was trying to depose to give their
opinions on the prototype. “They said, ‘This is no good, this is terrible, I
don’t know what this is,’ ” said Oneda, 73, who became chairman of the company
this year.
After three years, Suzumo was
nowhere near its goal and running out of cash. We thought “the company would go
down the tubes,” Oneda said. “We thought about quitting.”
Suzumo stuck with the task, and two years later the sushi chefs
finally said the machine was usable. In 1981, the company completed its first
robot, which formed sushi rice into balls called nigiri.
These days, it offers 28 different sushi machines.
“What they’ve done is allow
kaiten restaurants to democratize and make good Japanese food affordable and
accessible,” said Robin Rowland, chairman and chief executive officer of Yo!, a
U.K. sushi chain with almost 100 restaurants globally. “We serve 7 million
guests a year. You’re talking about 500 to 600 dishes on our belts in the U.K.
It’s a lot of food. And you need to automate some of that.”
But even so many years later, the
debate still rages about the machines. For purists, if you use robots, it just
isn’t the same.
Sushi rice produced by a Suzumo Machinery Co. sit in mold trays
during a demonstration at the company’s factory in Kawashima, Saitama
Prefecture, on Aug. 7. | BLOOMBERG
“It’s an entirely different
genre,” said Yoshikazu Ono, son and heir of Jiro Ono, the master chef featured
in the documentary “Jiro Dreams of Sushi.”
“Sushi isn’t just balls of rice,”
he said. “The process is the most important thing. It requires relentless
practice to make just one piece of sushi rice — things like how you select,
prepare and cook the rice, how much water you use, and so on. You can’t get
that from a robot.”
At the headquarters of Kura
Corp., about an hour south of Osaka, Kunihiko Tanaka bristles when he hears
that argument. For the president and founder of Japan’s second-largest sushi
chain, and a longtime Suzumo customer, the artisans are on the wrong side of
history.
“The era where it’s OK to make
sushi with your bare hands is over,” Tanaka said, referring to artisan sushi
chefs in general. “They still do that, and say that is the real sushi. Things
that should be changed should be changed.”
Already, about three-quarters of
Japanese people say that when they eat sushi, it’s from a conveyor belt,
according to a survey published by fisheries company Maruha Nichiro Corp. in
March. Almost half of them choose restaurants based on price.
Michael Booth, a food writer
whose latest book, “The Meaning of Rice,” is set for publication in October,
sees room for both types.
“I want everyone to get a chance
to taste what amazing sushi from Jiro tastes like, because it’s a very, very
different experience,” Booth said. “But then again, cheap, mass-produced sushi
is like the entry drug into the sushi world, and that can be a good thing, too.
People are exposed and may become curious as to what great sushi tastes like.”
A roll of maki-sushi exits a Suzumo Machinery Co. sushi machine
during a demonstration at the company’s factory. | BLOOMBERG
In a sense, Suzumo dealt a blow
to one part of traditional Japan, the artisan sushi business, so that another
could prosper: the rice industry. It was an act of political subversion,
attempting to derail the government’s policy of controlling the price of rice.
“As tastes became westernized,
demand for rice began to decline,” said Eiji Minemura, an official at the
agriculture ministry. “We took the policy of decreasing production to adjust to
oversupply.”
Oneda and his colleagues’ actions
show they never agreed. After developing their first sushi machines, they
helped pioneer an iconic hamburger that uses rice patties instead of bread.
They helped mechanize the kitchens of rice-bowl restaurants. And they even made
a California roll sushi robot, as they targeted U.S. demand for the food as a
healthy and trendy choice.
It’s true that by one narrow
definition, Suzumo didn’t succeed. Japan has kept controlling rice production
since first introducing the policy in 1971. And demand for rice has fallen.
Still, the company’s share price
has more than tripled since a low in February last year. Investors think Suzumo
will benefit from the labor shortage in Japan, and the overseas sushi boom,
Oneda said. Of the three analysts covering the stock, all recommend buying.
But for all the fanfare, Oneda —
as he carries on Suzuki’s legacy — is still thinking about the rice.
“Do you eat a proper breakfast?”
he asked the Japanese reporter. “What do you eat? I bet it’s bread, right?
https://www.japantimes.co.jp/news/2017/08/31/business/tech/rice-lovers-robot-revolutionized-modern-sushi-industry/#.WakCERWGN6p
How an Angry Man Revolutionized the Modern Sushi Industry
By Tom Redmond
Nao
Sano,
and Naomi
Schanen
August
30, 2017, 9:00 PM GMT+5 August 31, 2017, 11:31 AM GMT+5
·
Kisaku Suzuki spurred cheaper
dishes with first sushi robot
·
He was upset about Japan’s policy
of cutting rice production
Kisaku
Suzuki, creator of the world’s first sushi robot, once ran a company that made
candy-wrapping machines. And he was angry.
Why had the Japanese government
embarked on a policy to limit rice production, effectively paying some farmers
to keep their paddy fields idle? For Suzuki, rice was the sacred heart of the
country’s economy. He started to think about how to make the staple food more
popular, so that Japan had no reason to restrict the crop.
Wrapped
pieces of sushi exit a Suzumo Machinery Co. sushi robot.
And that’s when it came to him:
he would use his firm’s knowledge of candy-packaging machines to develop the
robot. The idea, while off-the-wall in the mid-1970s, had a simple premise. If
he could lower the cost of making sushi by mechanizing parts of the process and
reducing the need for highly paid chefs, he could bring the previously elite
Japanese dish to the masses, and in doing so increase demand for rice.
Four decades later, Suzumo Machinery Co.’s robots are used by about 70,000
customers around the world, ranging from sushi chains to factories, and account
for about 70 percent of the market for the equipment at restaurants, according
to Suzumo’s estimates. Kaiten sushi, also known as conveyor-belt sushi, has
become a $6 billion industry in Japan alone, partly thanks to Suzuki’s
invention.
Cheap sushi “couldn’t have
happened without our machines,” says Ikuya Oneda, who succeeded Suzuki as Suzumo
president in 2004, a year before the founder died, and took over his life’s
work. “You can certainly say that.”
An
employee puts rice into a Suzumo sushi robot.
When
Suzuki started to create his robot, he met nothing but resistance. In 1976,
sushi was still largely a food for special occasions. It was mostly sold
through a legion of small restaurants, where artisan chefs dispensed morsels
with no price tags and charged how they saw fit.
Not surprisingly, those chefs
were up in arms when they heard about Suzumo’s plan. In their view, it
took 10 years to train someone to make sushi. No machine could possibly do the
job. Suzumo asked some of the very people it was trying to depose to give their
opinions on the prototype. “They said, ‘This is no good, this is terrible, I
don’t know what this is,’” said Oneda, 73, who became chairman of the company
this year.
After three years, Suzumo
was nowhere near its goal and running out of cash. We thought “the company
would go down the tubes,” Oneda said. “We thought about quitting.”
Suzumo’s
SSN-JLX compact sushi-making machine.
Suzumo stuck with the task, and
two years later the sushi chefs finally said the machine was usable. In 1981,
the company completed its first robot, which formed sushi rice into balls
called nigiri. These days, it offers 28 different sushi machines.
“What they’ve done is allow
kaiten restaurants to democratize and make good Japanese food affordable and
accessible,” says Robin Rowland, chairman and chief executive officer of Yo!, a
U.K. sushi chain with almost 100 restaurants globally. “We serve 7 million
guests a year. You’re talking about 500 to 600 dishes on our belts in the U.K.
It’s a lot of food. And you need to automate some of that.”
But even so many years later, the
debate still rages about the machines. For purists, if you use robots, it just
isn’t the same.
“It’s an entirely different genre,” says Yoshikazu Ono, son and
heir of Jiro Ono, the masterchef featured in the documentary “Jiro Dreams of Sushi.” “Sushi isn’t just
balls of rice. The process is the most important thing. It requires
relentless practice to make just one piece of sushi rice -- things like how you
select, prepare and cook the rice, how much water you use, and so on. You can’t
get that from a robot.”
At the headquarters of Kura
Corp., about an hour south of Osaka, Kunihiko Tanaka bristles when he hears
that argument. For the president and founder of Japan’s second-largest sushi
chain, and a longtime Suzumo customer, the artisans are on the wrong side of
history.
A
chef at a Kura Corp. sushi restaurant near Osaka uses a Suzumo sushi robot.
“The era where it’s OK to make
sushi with your bare hands is over,” Tanaka says, referring to artisan sushi
chefs in general. “They still do that, and say that is the real sushi. Things
that should be changed should be changed.”
Already, about three-quarters of Japanese people say that when
they eat sushi, it’s from a conveyor belt, according to a survey published
by fishery company Maruha Nichiro Corp. in March. Almost half of them choose
which restaurant based on price.
Michael Booth, a food writer whose latest book, “The Meaning of
Rice,” is set for publication in
October, sees room for both types.
“I want everyone to get a chance
to taste what amazing sushi from Jiro tastes like, because it’s a very, very
different experience,” Booth says. “But then again, cheap, mass-produced sushi
is like the entry drug into the sushi world, and that can be a good thing, too.
People are exposed and may become curious as to what great sushi tastes like.”
A
piece of sushi made by Suzumo’s SGP-SNB machine.
In a sense, Suzumo dealt a blow
to one part of traditional Japan, the artisan sushi business, so that another
could prosper: the rice industry. It was an act of political subversion,
attempting to derail the government’s policy of controlling the price of rice.
“As tastes became westernized,
demand for rice began to decline,” says Eiji Minemura, an official at Japan’s
agriculture ministry. “We took the policy of decreasing production to adjust to
oversupply.”
Oneda and his colleagues’ actions
show they never agreed. After developing their first sushi machines, they
helped pioneer an iconic Japanese hamburger that uses rice patties instead of
bread. They helped mechanize the kitchens of rice-bowl restaurants. And they
even made a California roll sushi robot, as they targeted U.S. demand for the
food as a healthy and trendy choice.
It’s true that by one narrow
definition, Suzumo didn’t succeed. Japan has kept controlling rice production
since first introducing the policy in 1971. And demand for rice has fallen.
Still, the company’s share price has more than tripled since a
low in February last year. Investors think Suzumo will benefit from the labor
shortage in Japan, and the overseas sushi boom, Oneda says. Of the three
analysts covering the stock, all recommend buying. The shares rose
1.1 percent on Thursday in Tokyo.
But for all the fanfare, Oneda --
as he carries on Suzuki’s legacy -- is still thinking about the rice.
“Do you eat a proper breakfast?”
he asks the Japanese reporter. “What do you eat? I bet it’s bread, right?
https://www.bloomberg.com/news/articles/2017-08-30/how-an-angry-candy-man-revolutionized-the-modern-sushi-industry
Govt may find it tough to recover dues from rice mills
There are over
3000 rice mills in Punjab. Every paddy harvesting season, the state
government’s procurement agencies supply paddy to these rice mills for milling
(making rice from paddy).
Written
by Anju Agnihotri Chaba | Jalandhar | Published:August 31, 2017 12:04 am
Despite having announced a one-time settlement scheme, the
Punjab government may not get back its dues from “defaulter rice millers”,
several of which even sold their machinery years back and shifted to other
businesses. Around 250 to 300 defaulters, most of them from Gurdaspur,
Amritsar, Sangrur, Firozpur, collectively owe the state government Rs
2,000-2,400 crore. Most of these mills owe between Rs 5 crore and Rs 10 crore
each to the government.
There are over 3000 rice mills in Punjab. Every paddy harvesting
season, the state government’s procurement agencies supply paddy to these rice
mills for milling (making rice from paddy). After the milling, a part of the
rice produce is returned to the state government, which is further supplied to
the central pool. Millers get milling charges from the government.
However, for years, these defaulter millers did not return the
government quota after milling. “Instead of returning the government’s share,
they sold it in the open market,” said a senior official in Punjab’s Food and
Civil Supplies department. “Later, the government made a list of these
defaulters and stopped supplying paddy to them,” he said.
Punjab Rice Millers Welfare Association president Rakesh Jain
said he welcomed the “one-time settlement scheme”, which it was a long-pending
demand. “Now, we will motivate millers to pay government dues and avail of opportunity
for the closed mills ahead of expected bumper paddy crop this time, which could
touch 160 lakh tonnes,” he said
http://indianexpress.com/article/india/govt-may-find-it-tough-to-recover-dues-from-rice-mills-4821397/
Global and China Rice Cooker Market Analysis, Synthesis and Summation
2017 to 2022
By admin
August
30, 2017
Global
and China Rice Cooker Market Research Report 2017 to 2022 presents an in-depth assessment
of the Rice Cooker Market including enabling technologies, key trends, market
drivers, challenges, standardization, regulatory landscape, deployment models,
operator case studies, opportunities, future roadmap, value chain, ecosystem
player profiles and strategies. The report also presents forecasts for Rice
Cooker Market investments from 2017 till 2022.
The
research study focuses on Global and China Rice Cooker Market major leading
industry players with information such as company profiles, product picture and
specification, capacity, production, price, cost, revenue and contact
information.
In
this report, the Global and China Rice Cooker Market is valued at USD XX million
in 2017 and is expected to reach USD XX millions by the end of 2022, growing at
a CAGR of XX% between 2017 and 2022.
This
study answers several questions for stakeholders primarily which market
segments they should focus upon during the next five years to prioritize their
efforts and investments. These stakeholders includes : Joyoung(China),
PHILIPS(Netherlands), Midea(China), Hurom(Korea), SUPOR(China), AICOK(US),
SKG(China), Royalstar(China), Bear(China), MorphyRichards(UK), Deer(China),
BRAUN(Germany), Panasonic(Japan), Breville(Australia), Bestday(Germany),
Oster(US), EUPA(Taiwan, China), Electrolux(Sweden), NONTAUS(China), ACA(US),
Airmate(Taiwan, China), Tribest(US), WELHOME(China Hong Kong), KENWOOD(UK),
Petrus(China), Hamilton Beach(US), Eternal(China), Luby(China), Rota(China),
Coway(Korea).
Sample/Inquire
at : https://www.marketinsightsreports.com/reports/083010031/global-and-china-rice-cooker-industry-professional-market-report-2017/inquiry
Primary
sources are mainly industry experts from core and related industries, and
suppliers, manufacturers, distributors, service providers, and organizations
related to all segments of the industry’s supply chain. The bottom-up approach
was used to estimate the Global and China market size of Rice Cooker Market
based on end-use industry and region, in terms of value. With the data
triangulation procedure and validation of data through primary interviews, the
exact values of the overall parent market, and individual market sizes were
determined and confirmed in this study.
Global
and China Rice Cooker Market Sales (K Units) and Revenue (Million USD) Market
Split by Product Type
Market
Segment By
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
2022
|
By Capacity
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
By Heating
Method
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
By Liner
Material
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
By Operation
Method
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
By Price
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
Total
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
xx
|
-Change (%)
|
xx%
|
xx%
|
xx%
|
xx%
|
xx%
|
xx%
|
xx%
|
More
Types in Details:
·
Rice Cooker Market, by Capacity
2L and Below (1-2 people)
3L (2-3 people)
4L (3-5 people)
5L (6+)
9 Liters and Above
2L and Below (1-2 people)
3L (2-3 people)
4L (3-5 people)
5L (6+)
9 Liters and Above
·
Rice Cooker Market, by Heating
Method
IH Electromagnetic Heating
Three-dimensional Heating
Chassis Heating
IH Electromagnetic Heating
Three-dimensional Heating
Chassis Heating
·
Rice Cooker Market, by Liner
Material
Black Crystal
Clay
Maifan Stone
Kettle
Others
Black Crystal
Clay
Maifan Stone
Kettle
Others
·
Rice Cooker Market, by Operation
Method
Pushbutton
Intelligent Control
Touch Type
Pushbutton
Intelligent Control
Touch Type
·
Rice Cooker Market, by Price
Under $25
$25 to $50
$50 to $100
$100 to $200
$200 & Above
Under $25
$25 to $50
$50 to $100
$100 to $200
$200 & Above
Browse Full Report at:https://www.marketinsightsreports.com/reports/083010031/global-and-china-rice-cooker-industry-professional-market-report-2017/discount
Global
and China Rice Cooker Market Sales (K Units) by Application (2016-2022)
Market
Segment by Application
|
2012
|
2016
|
2022
|
Market Share
(%)2022
|
CGAR (%)
(2016-2022)
|
Home Use
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
Commercial
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
Total
|
xx
|
xx
|
xx
|
100%
|
xx%
|
The
research provides answers to the following key questions:
·
What will be the market size and
the growth rate in 2022?
·
What are the key factors driving
the Global and China Rice Cooker Market?
·
Who are the key market players
and what are their strategies in the Global and China Rice Cooker Market?
·
What are the key market trends
impacting the growth of the Global and China Rice Cooker Market?
·
What trends, challenges and
barriers are influencing its growth?
·
What are the market opportunities
and threats faced by the vendors in the Global and China Rice Cooker Market?
·
What are the key outcomes of the
five forces analysis of the Global and China Rice Cooker Market?
This
independent 131 page report guarantees you will remain better informed than your
competition. With over 170 tables and figures examining the Rice Cooker Market,
the report gives you a visual, one-stop breakdown of the leading products,
submarkets and market leader’s market revenue forecasts as well as analysis to
2022.
Geographically, this report is segmented into
several key Regions, with production, consumption, revenue (million USD), and
market share and growth rate of Storage Area Network Switch in these regions,
from 2012 to 2022 (forecast), covering
Market
Segment by Regions
|
2012
|
2016
|
2022
|
Share (%)
|
CAGR
(2016-2022)
|
Asia Pacific
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
China
|
xx
|
xx
|
xx
|
xx%
|
xx %
|
First-tier
Cities
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
Second-tier
Cities
|
xx
|
xx
|
xx
|
xx%
|
xx %
|
Third-tier
Cities
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
Others
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
Total
|
xx
|
xx
|
xx
|
xx%
|
xx%
|
The
report provides a basic overview of the Rice Cooker Market industry including
definitions, classifications, applications and industry chain structure. And
development policies and plans are discussed as well as manufacturing processes
and cost structures.
Then,
the report focuses on Global and China major leading industry players with
information such as company profiles, product picture and specifications,
sales, market share and contact information. What’s more, the Rice Cooker
Market industry development trends and marketing channels are analyzed.
The
research includes historic data from 2012 to 2016 and forecasts until 2022
which makes the reports an invaluable resource for industry executives,
marketing, sales and product managers, consultants, analysts, and other people
looking for key industry data in readily accessible documents with clearly
presented tables and graphs. The report will make detailed analysis mainly on
above questions and in-depth research on the development environment, market size,
development trend, operation situation and future development trend of Rice
Cooker Market on the basis of stating current situation of the industry in 2017
so as to make comprehensive organization and judgment on the competition
situation and development trend of Rice Cooker Market and assist manufacturers
and investment organization to better grasp the development course of Rice
Cooker Market.
The
study was conducted using an objective combination of primary and secondary
information including inputs from key participants in the industry. The report
contains a comprehensive market and vendor landscape in addition to a SWOT
analysis of the key vendors.
There
are 15 Chapters to deeply display the Global and China Rice Cooker Market.
Chapter
1, to describe Rice Cooker Market Introduction, product scope, market overview,
market opportunities, market risk, market driving force;
Chapter
2, to analyze the top manufacturers of Rice Cooker Market, with sales, revenue,
and price of Rice Cooker Market, in 2016 and 2017;
Chapter
3, to display the competitive situation among the top manufacturers, with
sales, revenue and market share in 2016 and 2017;
Chapter
4, to show the Global and China market by regions, with sales, revenue and
market share of Rice Cooker Market, for each region, from 2012 to 2017;
Chapter
5, 6, 7,8and 9, to analyze the key regions, with sales, revenue and market
share by key countries in these regions;
Chapter
10and 11, to show the market by type and application, with sales market share
and growth rate by type, application, from 2012 to 2017;
Chapter
12, Rice Cooker Market forecast, by regions, type and application, with sales
and revenue, from 2017 to 2022;
Chapter
13, 14 and 15, to describe Rice Cooker Market channel, distributors, traders,
dealers, Research Findings and Conclusion, appendix and data source.
http://www.apexnews.co/rice-cooker-market/
The Food that Grows on Water: Harvesters and state agencies seek
to protect Minnesota’s wild rice legacy
August 30, 2017 by The
Growler
14
It’s late summer in Cass Lake, Minnesota, a logging and resort town on the western edge of the vast
northwoods that stretches east to Thunder Bay, Ontario. For a few minutes
before nightfall, the sky above town is streaked with the last glowing blush of
the setting sun, and two loons call to each other from opposite sides of the
lake. A small family of geese slips into the shallows as an eagle circles the
lake one last time. Green beds of wild rice rustle gently in the breeze,
growing a little taller with each day growing a little shorter. With harvest
season just around the corner, anticipation in town is building.
During the next few days, reports start to fan out into the
Northwoods community:
“… Little Rice Lake, wild rice across lake, sparse to moderate
density, most rice standing one- to two-feet, plants flowering; Kettle Lake,
sparse wild rice across center of lake, moderate to good density rice along
parts of shore and in some bays, most rice standing three-feet (some taller) …”
Ken Bruns, the 74-year old
proprietor of A&B Wild Rice Processing, is already fielding calls. His
facility is located just off U.S. Highway 2, which runs east-west through Cass
Lake. Bruns is too busy cleaning filters, repairing machinery, and figuring out
what burned out one of his compressors to answer questions about where all the
rice is at this summer.
He refers people to the Leech
Lake Reservation Division of Resource Management, located just south
of town. There, environmental land director Levi Brown is about to take a quick
three-day vacation before the ricing season begins in earnest. When it does, he
can expect as much as 350,000 pounds of green rice to pass through his office,
60 to 70 percent of which will be processed in Bruns’ facility and sold to
customers around the nation.
The ricing season isn’t what it
used to be. Bruns was born and raised in nearby Bena, Minnesota, and he
harvested wild rice every fall until he retired from the U.S. Forest Service in
1995 and started up A&B Wild Rice Processing. Bruns still remembers school
being let out so all the kids could jump in canoes, go rice, and earn money for
clothes.
“Pretty much every car you’d see
would have a canoe on top,” he said. “Sometimes two.”
In the last half-century, the
number of ricers has decreased, and by most estimates, so has the amount of
rice available to harvest outside the reservation. Bruns chalks it up to
laziness; Brown points to development, pollution, and human activity. Even so,
as mid-August rolls around, ricers across the Northwoods prepare for the
month-and-a-half long harvest that can help people ride out a cold Minnesota
winter.
This season, however, something
new is happening.
After almost a decade of study
and discussion, the Minnesota Pollution Control Agency (MPCA) released a new standard that
shifts the focus from sulfate levels in wild rice waters to sulfide levels in
the sediment. Sulfide, which is formed when bacteria break down sulfate, has
been known to kill wild rice stands since the 1930s, and virtually all industry
and development discharges sulfate into the groundwater. The current rule has
been criticized for under-protecting wild rice in some cases, and
over-protecting in others, while also failing to clearly define what water
bodies the standard is intended to protect.
The revised rule attempts to
address these concerns by specifically listing nearly 1,300 lakes, rivers, and
streams governed by the standard and evaluating facilities that discharge to
wild rice waters, such as wastewater treatment plants, mines, and industrial
facilities, and, over time, determine if they need additional permit limits to
protect wild rice. It also shifts the acceptability standard from 10 milligrams
of sulfate per liter of the water to 120 micrograms of sulfide per liter. The
new rule was released on August 21—right at the start of ricing season—and will
be open to public comments until November 9.
The public review promises to be
contentious, as Native tribes, environmentalists, and big industry study the
new rule which, if approved, will go into effect sometime in 2018. The current
standard for sulfate in wild rice waters was rarely if ever enforced. The
revised rule, however, has a decade of research and millions in state funds
behind it, guaranteeing a larger state role in the future of wild rice and the
lakes and rivers where it grows.
•••
The connection between sulfate and
wild rice was discovered back in the 1930s by Dr. John Moyle, who wrote at the
time:
“No large stands of rice occur in
water having sulfate content greater than 10 ppm (parts per million). And rice
generally is absent from water with more than 50 ppm.”
Moyle’s work led the MPCA to
institute a standard in 1973 of no more than 10 ppm of sulfate in “water
used for production of wild rice.” The ambiguity of the phrase is one of the
reasons the MPCA is revising the rules. Another reason is the state’s poor record
of enforcing the current standard, which, together with a steady decrease in
wild rice stands and new information regarding the possible role sulfide played
in that decrease, led to an MPCA-initiated review of available information
about wild rice and sulfate. In 2011, following the MPCA review, the state
passed legislation which provided funding to the MPCA for further study and
directed the MPCA to revise the rule to clarify which water bodies are subject
to the standard and to revise the standard as appropriate.
A 2008 Minnesota Department of Natural Resources (DNR)
study organizing and summarizing the existing science on wild rice was an
important reference for the MPCA during the process of revising the standard.
The 2008 study centralized
much of the knowledge on wild rice and called for further study, giving the
state the opportunity to dive deep into wild rice and establish a body of
research future scientists and policymakers could draw upon to protect
Minnesota’s state grain.
The state also had the MPCA form
the Wild Rice Standards Study Advisory Committee, “to provide input to the
Commissioner on a protocol for scientific research to assess the impacts of
sulfate and other substances on the growth of wild rice, review research
results, and provide other advice on the development of future rule amendments
to protect wild rice.” The group includes tribal staff, representatives from
municipal wastewater treatment facilities and other industrial dischargers,
wild rice harvesters, wild rice research experts, and citizen organizations.
The committee has been meeting since October 2011, and has provided valuable
input, even if the members themselves have been unable to reach any meaningful
consensus.
“Everyone kinda serves their own
interest,” said Darren Vogt, environmental division director for the 1854 Treaty Authority, an intertribal agency that
protects the hunting and fishing rights of the Grand Portage and Bois Forte
bands of Ojibwe.
Some Ojibwe bands, including the
Grand Portage and Fond du Lac bands, participated in the standard-making
process—allowing researchers access to reservation water bodies and staying
abreast of MPCA studies and surveys. Skeptical as they might be of the motives
behind the study, the leaders of these Ojibwe bands decided participation was
the best way to influence the process and ensure wild rice would remain
protected.
Levi Brown and the Leech Lake
Band of Ojibwe, however, exempted themselves and their lakes from the process.
The Leech Lake band argue that wild rice is a sacred part of Ojibwe culture and
not to be poked, prodded, and categorized by researchers who have no connection
to the grain, and who may also be influenced by big business.
In a 2011 letter to David
Thornton, then assistant commissioner of the MPCA, Levi Brown outlined his
people’s reasons for not supporting the sulfate standard study. He wrote that
manoomin, “the good berry,” is sacred to Ojibwe culture and any attempts to
study wild rice “would only be a snapshot in time and not produce any
conclusive information
https://growlermag.com/food-that-grows-on-water-wild-rice/
Herbicide-resistant rice now
under development near Biggs
Visitors to Rice Field Day Wednesday
are carried by trucks through the vast fields of the Rice Experiment Station
near Biggs.
Steve Schoonover — Enterprise-Record
By Steve Schoonover, Chico
Enterprise-Record
Kent
McKenzie, director of the Rice Experiment Station near Biggs, updates visitors
to Rice Field Day Wednesday about progress on an herbicide-resistant rice being
developed through “induced mutation” rather than genetic engineering.Steve Schoonover — Enterprise-Record
Biggs
>> Researchers are developing a strain of herbicide-resistant rice, and
they aren’t using genetic engineering to do it.
That was
the biggest news out of the 2017 edition of Rice Field Day, Wednesday at the
Rice Experiment Station off Highway 162 near Biggs.
Several
hundred people turned out for the event. It combines the annual meeting of
California Cooperative Rice Research Foundation — which largely funds the
experiment station — with updates on developments in the industry, a field tour
and a luncheon. This year a display of huge ag equipment was added in the
parking area across the highway.
Much of
the information was highly technical, but the word about the
herbicide-resistant rice was something even a non-farmer could appreciate.
A number
of crops like corn, soybeans and alfalfa have been genetically altered so that
they aren’t killed by herbicides. That allows farmers to spray fields to kill
weeds without losing their crops.
The
process is controversial however, and hasn’t been considered appropriate for
crops like rice and wheat.
However
the natural mutation process in rice has produced some varieties elsewhere that
seem to have some resistance to some herbicides, according to Kent McKenzie,
the director of the experiment station. Efforts to bring those to California
have not been successful, he said.
So in
2014, McKenzie took over some greenhouse space and a 20-acre chunk of the
research station and planted a variety of the rices already grown here, to see
if a mutated variety was already here.
“It was
spray and pray,” he said.
A few
plants survived, and their seed was harvested. Nine of the plants from that
seed were found to have resistance to the herbicide Oxyfluorfen, and an
“accelerated breeding program” was begun to produce enough plants for
cross-breeding with other rice varieties and more extensive testing.
Field
tests have been underway since 2015, and a patent for the new variety — dubbed
“ROXY” — was filed for last September.
Tests
are continuing to see how the trait is passed on, and when in the growth cycle
is the best time to apply the herbicide.
“There
are still a lot of research questions to answer,” he told the tour group. He
said it might take three to five years to get to the point where the seed was
ready for market.
But
that’s not the biggest problem, he said. Oxyfluorfen is not currently approved
for use on rice. The process of getting that approval will take longer than it
will take to develop the seed. “The goal is to get this into the hands of
California farmers,” he told the group.
Reach
City Editor Steve Schoonover at 896-7750
First rice export bilateral agreement signed
31.08.2017
The National League for Democracy-led government is set to sign
its first ever government-to-government (G-to-G) rice export bilateral
agreement, according to the commerce ministry. The country is likely to sign a
Memorandum of Understanding (MoU) to export rice to Bangladesh in early
September.MYANMAR is about to export approximately 300,000 tonnes for the next
five consecutive years. Detailed negotiations regarding the rate and
arrangement will be finalised after the MoU is signed, U Than Myint, Minister
of Commerce, said on August 29.\
“The MoU is likely to be signed in Nay Pyi Taw following the visit of the Bangladesh commerce minister on September 7-9.“We roughly agreed to export over one million tonnes of rice to Bangladesh as they are in high demand for Myanmar rice for their increasing consumption demand.
“Bangladesh wants to import in around November but Myanmar has to adjust the quota for Bangladesh in order not to affect the trade agreements with other countries,” he said.
The government has announced that, for the fiscal year 2016-17, it exported two million tonnes of rice. For this fiscal year, it has exported almost 1.5 million tonnes of rice, according to the Ministry of Commerce’s official statistics. We need to reduce production costs and logistics costs in order to compete with neighbouring rice exporters such as Thailand and Vietnam. - U Nay Lin Zin, joint secretary-general of MRF
Myanmar has to strike a balance between rice exports and supplying its domestic market. In this fiscal year, if it exports more than 2 million tonnes, it will lead to a price surge domestically.“Bangladesh wants to start importing in November this year.“But Myanmar is also exporting to Africa, the EU, Japan and other countries such as Sri Lanka which import rice from Myanmar without G-to-G bilateral agreements.“Hence, we need to maintain the supply to existing markets while trying to expand into new markets,” U Than Myint said.Myanmar has been under negotiations with Bangladesh since July regarding an MoU for a government-to -government bilateral agreement, said U Nay Lin Zin, joint secretary-general of Myanmar Rice Federation (MRF).\
“We need to reduce production costs and logistics costs in order to compete with neighbouring rice exporters such as Thailand and Vietnam.“As Myanmar’s rice price depends on the Chinese border market, it would be nice to stabilise the price by diversifying the market,” he said.U Ye Min Aung, managing director of Myanmar Agribusiness Public Holding and secretary general of the MRF said that the country has further MoUs in the pipeline with Sri Lanka and China. The signing of those MoUs are expected to take place in October.“Signing MoU is just the framework for fixing the quantity, importing years, fixing the business agencies recommended by the respective commerce ministries.“China usually signs an MoU every year. This year, China would like to buy around 200,000 tonnes. Sri Lanka is planning to purchase 200,000 tonnes each year but the number of years has not been fixed yet,” he said
“The MoU is likely to be signed in Nay Pyi Taw following the visit of the Bangladesh commerce minister on September 7-9.“We roughly agreed to export over one million tonnes of rice to Bangladesh as they are in high demand for Myanmar rice for their increasing consumption demand.
“Bangladesh wants to import in around November but Myanmar has to adjust the quota for Bangladesh in order not to affect the trade agreements with other countries,” he said.
The government has announced that, for the fiscal year 2016-17, it exported two million tonnes of rice. For this fiscal year, it has exported almost 1.5 million tonnes of rice, according to the Ministry of Commerce’s official statistics. We need to reduce production costs and logistics costs in order to compete with neighbouring rice exporters such as Thailand and Vietnam. - U Nay Lin Zin, joint secretary-general of MRF
Myanmar has to strike a balance between rice exports and supplying its domestic market. In this fiscal year, if it exports more than 2 million tonnes, it will lead to a price surge domestically.“Bangladesh wants to start importing in November this year.“But Myanmar is also exporting to Africa, the EU, Japan and other countries such as Sri Lanka which import rice from Myanmar without G-to-G bilateral agreements.“Hence, we need to maintain the supply to existing markets while trying to expand into new markets,” U Than Myint said.Myanmar has been under negotiations with Bangladesh since July regarding an MoU for a government-to -government bilateral agreement, said U Nay Lin Zin, joint secretary-general of Myanmar Rice Federation (MRF).\
“We need to reduce production costs and logistics costs in order to compete with neighbouring rice exporters such as Thailand and Vietnam.“As Myanmar’s rice price depends on the Chinese border market, it would be nice to stabilise the price by diversifying the market,” he said.U Ye Min Aung, managing director of Myanmar Agribusiness Public Holding and secretary general of the MRF said that the country has further MoUs in the pipeline with Sri Lanka and China. The signing of those MoUs are expected to take place in October.“Signing MoU is just the framework for fixing the quantity, importing years, fixing the business agencies recommended by the respective commerce ministries.“China usually signs an MoU every year. This year, China would like to buy around 200,000 tonnes. Sri Lanka is planning to purchase 200,000 tonnes each year but the number of years has not been fixed yet,” he said
http://www.blackseagrain.net/novosti/first-rice-export-bilateral-agreement-signed
Govt to import 2.5
lakh tonnes of rice
12:00
AM, August 31, 2017 / LAST MODIFIED: 04:00 AM, August 31, 2017
The government is going to import 2.5 lakh tonnes of white rice
from Cambodia at a price which is 5.34 percent higher than the rate it paid to
Vietnam as it seeks to boost stocks. The cabinet committee on purchase
yesterday approved a proposal to bring in 2.5 lakh tonnes of rice from Cambodia
under a state-to-state arrangement at $453 per tonne.Earlier in June, the
government decided to import 2 lakh tonnes of white rice from Vietnam through
state-to-state arrangement at $430 a tonne.
Yesterday's price is also higher than the international market
rate this week.The price of rice was $425 per tonne in Thailand, $435 in India,
$445 in Vietnam and $403 in Pakistan this week, according to food ministry
data.Compared to neighbouring countries, the price of Cambodian rice is usually
higher as the country does not use chemical fertiliser and pesticide in rice
production, said a food ministry official.
The official said Cambodian rice has a reputation in the
international market.The purchase committee also approved imports of 50,000
tonnes parboiled rice through bidding at $407.89 per tonne. The lowest bidder,
Regington Enterprises Ltd, will supply the staple.In total, the import of 3
lakh tonnes of rice will cost Tk 1,109 crore.
In the second week of August, the purchase committee gave consent
to three deals on food grain imports, including 1 lakh tonnes of wheat and
50,000 tonnes of boiled rice.The development comes as rice production suffered
major losses due to flash floods and fungal attacks.The flash floods in six
northeastern haor districts and the fungal attacks (rice blast) in 19 districts
during the boro season led to the loss of 20 lakh tonnes of the staple,
according to the food ministry.
At least 20 districts in the north and elsewhere have been flooded
in the past few days, which might affect the aman crop.The rice imports from
Vietnam and Cambodia aims to raise the country's food grain stock, which went
below 2 lakh tonnes in recent times.Thanks to a number of recent government
initiatives, rice stock increased to 3.16 lakh tonnes on August 21.A cabinet
committee meeting last week decided to import 20 lakh tonnes of food grains --
15 lakh tonnes of rice and 5 lakh tonnes of wheat -- this fiscal year.
This is 11 lakh tonnes more than the government's earlier
projected food import volume of 9 lakh tonnes. Over the past two months,
the cabinet approved proposals to float tender to import 3.5 lakh tonnes of
rice. Yesterday, the cabinet also approved the import of 1.38 lakh barrels of
octane from Indonesia's state agency PT Bumi Siak Pusako Zapin under a
government-to-government arrangement at a premium of $4.55 per barrel.
The committee also approved a proposal to import LNG from Qatar
and gave the go-ahead to purchase electricity from a number of private power
plants.United Enterprise will set up a 115-megawatt diesel-based power plant in
Jamalpur district. The government will buy electricity from the plant at Tk
8.73 a kilowatt hour.Besides, the tenure of two existing power plants was
extended by five years. During the extended period, the government will buy
electricity at Tk 2.51 per kWh from Ashuganj 55MW plant owned by Precision
Energy Ltd. Earlier the tariff was Tk 2.91.
The government will pay Tk 11.53 per kWh to buy power from 100MW
Powerpac-Mutiara Keraniganj Power Plant Ltd
http://www.thedailystar.net/business/govt-import-25-lakh-tonnes-rice-1456438
Rice basmati edges up
on scattered demand
31 AUGUST 2017 Last Updated at 2:16
PM
New Delhi, Aug 31 Rice basmati
prices rallied up to Rs 150 per quintal at the wholesale grains market today on
mild demand in restricted activity.However, other grains traded in a tight
range in limited deals and pegged at the last levels.Traders attributed the rise
in rice basmati prices to some demand from stockists and retailers.
In the national capital, rice
basmati common and Pusa- 1121 variety settled higher at Rs 6,400-6,600 and Rs
5,100-5,200 from previous levels of Rs 6,300-6,500 and Rs 5,000-5,050 per quintal,
respectively.
Following are today's quotations
(in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,350,
Wheat dara (for mills) Rs 1,755-1,760, Chakki atta (delivery) Rs 1,760-1,765,
Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour
mill Rs 950-960 (50 kg), Maida Rs 990-1,000 (50 kg)and Sooji Rs 1,030-1,040 (50
kg).
Basmati rice (Lal Quila) Rs
10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common
new Rs 6,400-6,600, Rice Pusa (1121) Rs 5,100-5,200, Permal raw Rs 2,150-2,175,
Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850,
Bajra Rs 1,205-1,210, Jowar yellow Rs 1,425-1,475, white Rs 2,800-2,900, Maize
Rs 1,320-1,325, Barley Rs 1,460-1,470.
https://www.outlookindia.com/newsscroll/rice-basmati-edges-up-on-scattered-demand/1135820
Texas
Farmer Describes Harvey Destruction
AUGUST 30, 2017 12:52 PM
“I’ve never
dreamed of a hurricane like this," says Texas producer Dennis DeLaughter.
© Chris
Bennett
By Chris Bennett
Farm Journal
Technology and Issues Editor
Farm Journal
Technology and Issues Editor
“This is water of
biblical proportions. I’m talking about unimaginable flooding,” says Texas
producer Dennis DeLaughter.In the aftermath of Hurricane Harvey, Texas growers
are reeling as the agriculture industry begins to assess damage levels. All
things considered, DeLaughter is a fortunate farmer, despite being surrounded
by water and battered by 100-mph winds.
Southwest
of Houston in Edna, DeLaughter grows seed rice at four farming locations, but
he had nothing in the field when Harvey made landfall. With no second crop to
follow cutting, his harvest was finished and the grain safely stored. Most
growers use commercial storage in DeLaughter’s area -- concrete tanks with
hopper bottoms off the ground and safe from standing water.
He
says three of his farms are relatively intact, but the fourth (and largest) is
an inaccessible question mark. Blocked by a rising river to the west and a
swollen creek to the east, he’ll have to wait at least several days to find out
how the farm fared.
When
Harvey struck, DeLaughter was 50 miles due east from the storm’s center. On the
hurricane’s subsequent backup, the eye went over his headquarters. “The storm
moved slightly west and slammed the Rockport area. As the crow flies, we’re 60
to 70 miles from Rockport, where the storm spent most of its fury.”
DeLaughter,
a highly respected producer and investment adviser, says estimates over damage
totals are impossible without proper assessment: “People can’t even get to
farms to assess their situations. The amount of water is hard to describe.
Multiply what you’ve seen before by 100 and imagine it spilled all over the
countryside.”
DeLaughter
served on the Agricultural Technical Advisory Committee (ATAC) during the
Clinton, Bush and Obama administrations and he currently serves as an ATAC
member under the Trump administration. He is a licensed floor trader with the
Chicago Board of Trade and a former chairman of the U.S. Rice
Producers Association. At 65 years old, DeLaughter says nothing
in his life or career compares with the destruction of Harvey.
In
the early 1990s, DeLaughter lived in East Bernard and recalls a particularly
terrible flood: “I had a friend in the rice industry and the Bernard River
flooded his house with 6’ of water. I helped him float his furniture right out
the front door. I thought that was the worst I’d ever seen, but today as a
result of Harvey, the Bernard River is cresting a full 4’ higher and it’ll be
10’ in his house.”
“We’ll
get a better handle on the damage as the days go by, but I’ve never seen a
hurricane back up like this,” DeLaughter adds. “I’ve never dreamed of a
hurricane like this.”
https://www.agweb.com/article/texas-farmer-describes-harvey-destruction-naa-chris-bennett/
We could $50
million to $60 million in losses from Harvey: US
Rice Producers Association
Dwight Roberts, U.S. Rice Producers
Association, discusses the potential impact on Texas rice farmers from
Hurricane Harvey.
Watch the Video by clikcking the
next link:
http://www.msn.com/en-us/money/careers/we-could-dollar50-million-to-dollar60-million-in-losses-from-harvey-us-rice-producers-association/vi-AAqZNQf
http://www.msn.com/en-us/money/careers/we-could-dollar50-million-to-dollar60-million-in-losses-from-harvey-us-rice-producers-association/vi-AAqZNQf
Baldwin: Weed problems increasing in Arkansas rice
We need some help on rice weed control and we need it fast. We
have a lot of clean rice fields in Arkansas, but we also have a lot of ugly
fields. In some areas of the state we have the most grown-up fields I have ever
seen. Barnyardgrass and weedy rice seem to be the two main culprits, but sedges
and sprangletop are rampant as well. I have seen field after field flat on the
ground by heading, and I wonder if some of them will even be harvested.
A lot of the weedy fields are
under the care of excellent consultants who know what they are doing and have
thrown the herbicide “kitchen sink” at the weeds to no avail. I hate to think
how much money has been spent on some of these fields, but I know it is not
sustainable.
Perhaps we can blame some of the
problem on a wet year and residual herbicides dissipating much quicker than
normal.
There is no question that
herbicide resistance in barnyardgrass, the sedges and weedy rice is
playing an increasing role. In some of the worst fields I have seen, the
envelope on continuous rice and especially continuous Clearfield has been
pushed too far.
There is a new sedge that I
received numerous calls on this year — white sedge or white margin sedge. It is
an annual sedge that gets very large and has a white shiny look to the leaves.
The head resembles yellow nutsedge, but it is much larger and darker in color.
Control at this point is somewhat
anecdotal. Apparently it is walking right through the ALS inhibitors. One
consultant tried some propanil plus Basagran on it as a small field trial and
had good results.
We are fortunate to have some new
rice herbicides coming, and they cannot get here quick enough. Provisia rice,
Loyant, and Rogue are all getting close. All of these have promise, and at the
same time each will have some things we will have to learn to work with.
We also need a registration for
Warrant in rice. This herbicide has shown a lot of promise in research, but any
interest in a registration seems to be on-again, off-again.
If we cannot get these new herbicides in place soon we will have
increasing acres we cannot grow rice on. However, we cannot simply continue
trying to fix a herbicide problem with another herbicide. A long look needs to
be taken as to why a lot of acres are in the mess they are in and correct some
overall management issues
http://www.deltafarmpress.com/rice/baldwin-weed-problems-increasing-arkansas-rice
Rice in NE China
enters harvest season
Source:Xinhua Published: 2017/8/31 10:43:10
Photo taken on Aug. 30, 2017
shows rice fields in Yaoxin Township, Mongolian Autonomous County of Dorbod,
northeast China's Heilongjiang Province. The rice here will enter harvest
season. (Xinhua/Wang Song)
Photo taken on Aug. 30, 2017
shows rice fields in Yaoxin Township, Mongolian Autonomous County of Dorbod,
northeast China's Heilongjiang Province. The rice here will enter harvest
season. (Xinhua/Wang Song)
Photo taken on Aug. 30, 2017
shows rice fields in Minyi Township, Zhaoyuan County, northeast China's
Heilongjiang Province. The rice here will enter harvest season. (Xinhua/Wang
Song)
Photo taken on Aug. 30, 2017
shows rice fields in Yaoxin Township, Mongolian Autonomous County of Dorbod,
northeast China's Heilongjiang Province. The rice here will enter harvest
season. (Xinhua/Wang Song)
Photo taken on Aug. 30, 2017
shows rice fields in Minyi Township, Zhaoyuan County, northeast China's
Heilongjiang Province. The rice here will enter harvest season. (Xinhua/Wang
Song)
http://www.globaltimes.cn/content/1064065.shtml
California
Rice is The Environmental CropraentValley rice fields provide
unparalleled ies.
HABITAT VALUE
California rice fields provide
habitat and nourishment for approximately seven million ducks and geese
migrating along the Pacific Flyway each year. Ricelands are increasingly
crucial to hundreds of thousands of shorebirds that nest in the fields year
round. For example, recent studies have shown that California ricelands
currently provide more than half of the nutritional requirements of wintering
waterfowl in the Sacramento Valley.
Ricelands provide more than
300,000 acres of equivalent wetland. In other words, this amount of new
wetlands habitat would have to be created to support the same waterbird
populations that California's ricelands support today. Acquiring and restoring
this amount of land to create wetland for wintering waterfowl populations would
initially cost about $2 billion and about $35 million annually for upkeep.
Rice fields provide a
substantial wildlife resource
benefit that comes essentially free to the public as long as California rice
remains viable
http://calrice.org/wildlife/
Prices
drop in major exporters on weak demand
Bangkok
(Reuters) - Rice prices dropped this week in Thailand, Vietnam and India due to
weak demand for the staple, traders said on Thursday.
Thai
benchmark 5-percent broken rice was quoted at $370-$375 a tonne, free-on-board
(FOB) Bangkok, down from $375-$377 a tonne last week.
The
fall in prices can be attributed to the release of new crops.
“Export
market demand is currently at a low level, perhaps due to buyers waiting to see
whether a further slump in prices will occur or not,” said a Bangkok-based
trader.
Prices
in Thailand are expected to fall next week and remain relatively stable until
the end of October, according to rice traders.
Vietnam
benchmark 5-percent broken rice RI-VNBKN5-P1 tightened slightly to $385-$390 a
tonne this week, FOB Saigon, from $385-$395 last week.
This
drop has occurred as fresh demand was scarce after harvesting ended for the
summer-autumn crops.
“The
market has been quiet on low demand. Prices have declined in Thailand, so
Vietnam’s prices also went down,” a trader in Ho Chi Minh City said.
Thailand
and Vietnam are the world’s second and third biggest rice exporters.
In
India, the world’s biggest rice exporter, 5-percent broken parboiled rice
prices fell by $3 per tonne to $400 to $403 per tonne.
Weak
demand is the result of a strong rupee which dents export margins.
“We
are out priced. Buyers are asking for less than $400 per tonne, which is not
possible due to strong rupee,” said an exporter based in Kakinada in the
southern state of Andhra Pradesh.
India’s
non-basmati rice exports are likely to slow over the next few months as its
shipments of the grain have become too expensive due to a rally in the rupee
and an increase in local paddy prices.
Meanwhile,
Bangladesh is set to buy 250,000 tonnes of white rice at $453 a tonne from
Cambodia in a government-to-government deal, officials said.
It
had earlier imported 200,000 tonnes of white rice at $430 a tonne and 50,000
tonnes of parboiled rice at $470 a tonne from Vietnam in a state-to-state deal
at rates much higher than in tenders.
Demand
from Bangladesh has been crucial to rice prices in the global market this year
as the country’s government is battling to build buffer stocks to combat high
domestic prices after flash floods in April wiped away around 1 million tonnes
of rice output.
A
farmer spreads fertilizer in his rice field on the outskirts of Ahmedabad,
India, August 30, 2016. REUTERS/Amit Dave/Files
https://www.reuters.com/article/us-global-oil/crude-falls-as-flooding-from-harvey-roils-u-s-oil-industry-idUSKCN1BC3EQ
Rice yields already near
self-sufficiency
THERE’S no need to increase rice yields to 6 metric tons (MT) per
hectare for the Philippines to become self-sufficient in the next five years, a
senior International Rice Research Institute (IRRI) official said.“I think 6 …
is a bit too high target and it’s not necessary … If we can go to about 4.5 …
we are already self-sufficient by that point,” IRRI Deputy Director Bruce
Tolentino said in a roundtable interview with editors and reporters of The
Manila Times.
“You don’t have to be to have a very, very high target,” he added.With
the Philippines rice yields having hit 3.87 MT per hectare last year, Tolentino
said: “It’s doable and I think I would say that kind of a target is achievable
within the medium term.”Underscoring the importance of new technologies to
ensure the continued sustainability of production, he said Filipino rice
farmers should now use climate-resilient crops and other interventions given
increased weather-related risks.
“I do believe that Filipino farmers are very technology-friendly,
and if we focus on improving yields, I believe we can achieve it,” he said.“It’s
not necessarily higher yield, but at least it’s a loss prevention,” the IRRI
official added.
Tolentino also said that it was very important to have consistent
programs and investments to attain rice self-sufficiency in the next five years.“These include
irrigation, rural infrastructure, improving seeds, and the local government
units must be assisted so that they can extend the technology to farmers,” he
said.
Tolentino said that while self-sufficiency was “powerful message” for ordinary
Filipinos, other goals could be considered such as ideal yields or even
nutritional benefits.
Existing science already allows for higher yields and nutritional
values, he noted that the country was lacking in terms of investments in
agriculture research and development, and not just in terms of rice.
“I do believe that public budget should also be increased for our
other commodities such as coconut, corn, and high-value crops… [T]he investment
in the budget of the government should be spread out even in among all of these
crops so that the farmers have a choice and they’re not imprisoned by just one
crop,” he said.
“You cannot support rice farmers only.
“You cannot support rice farmers only.
Thursday, 2017-08-31 01:47:07
NDO - A new draft decree containing
relaxed regulations on rice trading is expected to boost rice exports as
Vietnamese rice traders are struggling with an oversupply of the grain in
conjunction with falling demand.
Removing hurdles to rice exporters
According to the Ministry of
Industry and Trade (MOIT), following many years of implementation, the
government’s decree on rice trading, known as Decree 109, has been effective in
singling out competent rice traders and directing them to make long-term investments.
Currently the number of rice traders is steady at 150, with improved storage,
milling and drying capacity. They have also developed rice plantations and
signed contracts with farmers.
But as the rice export sector is
struggling, Decree 109’s compulsory requirements, such as the ownership of
storage and milling facilities, are no longer considered relevant as they could
barely be met by enterprises producing small quantities of speciality and
organic rice. The decree has also exposed many weaknesses concerning contracts,
floor prices and the management of the relevant agencies.
Therefore a new decree is currently
being drafted by the MOIT to replace Decree 109, helping to fine-tune the legal
framework for rice trading activities in a way that will make it easier for
enterprises to export their rice products.
According to the MOIT’s
Export-Import Department, the draft decree will no longer require traders to
own the storage, milling or processing facilities, which can be hired from
other companies. Exporters of organic rice, parboiled rice and rice with
improved micronutrients also will not have to meet business conditions and
secure licences but will only have to notify the MOIT of their contracts.
The draft decree also amends a
number of regulations aimed at streamlining administrative procedures and
specifies the responsibilities of the relevant ministries, agencies and local
authorities in rice trading management. For example, rice exporters will not
have to register their contracts at the Vietnam Food Association but only need
to notify the MOIT through its online portal.
MOIT Minister Tran Tuan Anh said
that the new decree succeeding Decree 109 has been formulated with reforms in
mind and submitted to the Ministry of Justice for feedback, before being
submitted to the government for approval. He emphasised that during the process,
regulations will continue to be reviewed to ensure that the final version will
facilitate rice exporters as much as possible.
Enterprises’ high expectations
Rice is one of Vietnam’s key exports
so the draft decree to replace Decree 109 has received widespread attention
from the business community. Director of the Dong Thap province-based Loan Hung
Company Pham Hong Loan said in order for Decree 109 to bring substantive
benefits to rice traders, what is important is the re-organisation of the rice
production process from variety selecting and planting to harvesting, milling,
advertising and exporting.
She added that when the rice value
is enhanced, through a chain of production, enterprises will be the main player
in purchasing rice at market prices, while the government will solely play the
role of outlining strategies, regulating the market and assisting enterprises
with market information.
Director of Trung An Hi-tech
Agriculture Company Pham Thai Binh said abolishing the floor price policy will
help rice traders to export more, while notifying rice contracts through the
MOIT’s online portal will help enterprises cut costs and protect the
information in their contracts. According
to Director of Thinh Phat Company Lam Tuan Anh, the new decree should include
regulations on the quality for each specific type of rice, in accordance with a
set of national standards, because quality is an important factor to the
competitiveness of rice exporters. Furthermore, small enterprises should be
allowed to export small quantities of Vietnam’s high-quality rice in order for
them to penetrate demanding and niche markets. The government should solely
play the role of providing market information, forecasting prices and accessing
foreign distribution networks.
http://en.nhandan.com.vn/business/item/5463602-relaxed-regulations-expected-to-boost-vietnam%E2%80%99s-rice-exports.html\
Another-300000mt-rice-import-gets-nod
Cabinet
purchase body endorses total 15 procurement proposals
Sun Online Desk
30th August, 2017 09:58:24
The Cabinet Purchase Committee on
Wednesday approved 15 procurement proposals, including the import of 300,000
metric tonnes (mt) of rice.Of the approved import, 250,000 mt of Atap (sunned)
rice will be procured from Cambodia under a government-to-government deal at a
total cost of Tk 939.97 crore as the price has been set at $453 per mt, reports
UNB.
The remaining 50,000 mts, which are
non-Bashmoti parboiled rice, are being imported from the international market
through quotation. A Singaporean company, Regington International, won the
contract to supply the rice at the total cost of Tk 196.77 crore as its per
metric tonne price has been fixed at $407.89. The meeting, held with Finance
Minister AMA Muhith in the chair, gave the approval amid the growing concern
over the possible food grain shortage due to the loss of crops in countrywide
flooding.
The government has already withdrawn duty on
rice import and also declared some banking facilities to encourage the import
of food grains in the private sector. Last week, the Cabinet body approved a
similar proposal for the import of 150,000 mt of food grain of which 100,000 mt
was wheat and 50,000 mt was rice.The cabinet body approved six separate tender
proposals of Rural Electrification Board (REB) to procure 21 sub-stations of
33/11 kV capacity for its different projects.
Of these, local supplier EnergyPac won the 5
contracts to supply 18 sub-stations at the total price of Tk 119.64 crore while
another local company, Sunrise Energy, won one contract to supply 3
sub-stations at a cost of Tk 20.11 crore.However, another tender proposal for
procuring two sub-stations went unapproved as the REB was asked to resubmit the
proposal.
Power Division’s proposal for
awarding a project to a local company, United Enterprise, to set up a 115 MW
HFO-based power plant on build-own-operate basis at Jamalpur district got the
committee’s nod.The state-owned Power Development Board (PDB) will purchase
electricity from the plant for the next 15 years at a tariff of Tk 8.7312 per
kilowatt hour.
Power Division’s two more proposals to extend
the tenure of the contract to buy electricity from two rental power plants
received the approval of the cabinet body.Of these, Precision Energy’s 55 MW
gas-based rental power plant’s contract was extended for another five years
with a new tariff of Tk 2.90 per unit against the previous tariff of Tk 2.91
per unit.
PowerPac Mutiara Keraniganj 100 MW HFO-based
power plant’s contract tenure was extended for five years with a new tariff of
Tk 11.52 per unit against the previous tariff of Tk 11.63 per unit.The cabinet
body approved a pricing formula and contract document for import of LNG
(liquified natural gas) for 15 years from RasGas Company of Qatar.
A proposal of the Railway Ministry to appoint
a consultant for the construction of single-line dual-gauge rail-track from
Dohazari to Gondum board with Myanmar via Ramu of Cox’s Bazar also received the
committee approval. It also approved a proposal of the Energy Division to
import 16,000 mts of octane from Indonesia under a government-to-government
deal. The premium for the petroleum import was fixed at $4.55 per barrel.
Summer-autumn
rice crop output hits record in Long An
Long
An (VNA) – The summer-autumn rice
crop in the Mekong Delta province of Long An is estimated to give a record
yield of more than 1 million tonnes this year.
Farmers in Dong Thap Muoi (Plain of Reeds) in the province have so far harvested more than 90 percent of the summer-autumn rice crop out of the total 224,000 ha.
Director of the provincial Department of Agriculture and Rural Development Le Van Hoang said only over 100ha of the summer-autumn crop was lost due to flooding this year.
The provincial authorities asked for the State funding worth 20 billion VND to upgrade dykes and protect more than 200,000ha of rice in Dong Thap Muoi, and additional 3 billion VND (130,000 USD) to repair pumping stations in Tan Hung, Vinh Hung and Kien Tuong townships.
The province has also paid attention to flooding control and building transport routes to prevent floods and serve Dong Thap Muoi tourism.
Dong Thap Muoi is set to focus on intensive food farming, aquaculture, forestry, ecological tourism and border economy.-VNA
Farmers in Dong Thap Muoi (Plain of Reeds) in the province have so far harvested more than 90 percent of the summer-autumn rice crop out of the total 224,000 ha.
Director of the provincial Department of Agriculture and Rural Development Le Van Hoang said only over 100ha of the summer-autumn crop was lost due to flooding this year.
The provincial authorities asked for the State funding worth 20 billion VND to upgrade dykes and protect more than 200,000ha of rice in Dong Thap Muoi, and additional 3 billion VND (130,000 USD) to repair pumping stations in Tan Hung, Vinh Hung and Kien Tuong townships.
The province has also paid attention to flooding control and building transport routes to prevent floods and serve Dong Thap Muoi tourism.
Dong Thap Muoi is set to focus on intensive food farming, aquaculture, forestry, ecological tourism and border economy.-VNA
http://en.vietnamplus.vn/summerautumn-rice-crop-output-hits-record-in-long-an/117236.vnp
Nagpur
Foodgrain Prices Open- August 31, 2017
AUGUST
31, 2017 / 1:20 PM /
Nagpur Foodgrain Prices – APMC/Open
Market-August 31
Nagpur, August 31 (Reuters) – Gram
and tuar prices reported higher in Nagpur Agriculture Produceand Marketing
Committee (APMC) here on good buying support from local millers amid weak
supplyfrom producing regions. Fresh hike on NCDEX in gram, upward trend in
Madhya Pradesh gram pricesand reported demand from South-based millers also
boosted prices. About 950 of gram and 500 bags of tuar were available for
auctions, according to sources.
FOODGRAINS & PULSES
GRAM
* Desi gram raw recovered in open market on renewed seasonal demand from
local traders.
TUAR
* Tuar varieties ruled steady in open market here on subdued demand from
local traders
amid ample stock in ready position.
* Rice BPT and Shriram varieties reported strong in open market on
increased festival
season demand from local traders amid weak supply from producing
regions.
* In Akola, Tuar New – 4,300-4,600, Tuar dal (clean) – 6,300-6,500, Udid
Mogar (clean)
– 8,200-8,800, Moong Mogar (clean) 6,800-7,400, Gram – 5,500-5,800, Gram
Super best
– 8,800-9,200
* Wheat, other varieties of rice and 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
5,450-6,130 5,400-6,100
Gram Pink Auction
n.a. 2,100-2,600
Tuar Auction
3,900-4,550 3,700-4,550
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
1,600-1,728 1,600-1,710
Gram Super Best Bold
9,000-9,500 9,000-9,500
Gram Super Best
n.a. n.a.
Gram Medium Best
8,000-8,200 8,000-8,200
Gram Dal Medium
n.a. n.a
Gram Mill Quality
5,900-6,000 5,900-6,000
Desi gram Raw
5,700-5,900 5,650-5,850
Gram Kabuli
12,500-13,500 12,500-13,500
Tuar Fataka Best-New
6,800-7,400 6,800-7,400
Tuar Fataka Medium-New
6,400-6,600 6,400-6,600
Tuar Dal Best Phod-New
6,300-6,500 6,300-6,500
Tuar Dal Medium phod-New
5,800-6,200 5,800-6,200
Tuar Gavarani New
4,650-4,850 4,650-4,850
Tuar Karnataka
5,000-5,200 5,000-5,200
Masoor dal best
4,700-5,000 4,700-5,000
Masoor dal medium
4,400-4,600 4,400-4,600
Masoor
n.a. n.a.
Moong Mogar bold (New)
7,500-8,000 7,500-8,000
Moong Mogar Medium
6,700-7,200 6,700-7,200
Moong dal Chilka
5,600-6,600 5,600-6,600
Moong Mill quality
n.a. n.a.
Moong Chamki best
7,000-8,000 7,000-8,000
Udid Mogar best (100 INR/KG) (New) 8,600-9,600 8,600-9,600
Udid Mogar Medium (100 INR/KG)
6,500-7,600 6,500-7,600
Udid Dal Black (100 INR/KG)
4,800-5,300
4,800-5,300
Batri dal (100 INR/KG)
5,000-5,500 5,000-5,500
Lakhodi dal (100 INR/kg)
3,000-3,200 3,000-3,200
Watana Dal (100 INR/KG) 2,900-3,000 2,900-3,000
Watana White (100 INR/KG)
3,500-3,700 3,500-3,700
Watana Green Best (100 INR/KG)
3,600-4,800
3,600-4,800
Wheat 308 (100 INR/KG)
1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG)
1,850-1,950
1,800-1,900
Wheat Filter (100 INR/KG)
2,100-2,300
2,100-2,300
Wheat Lokwan best (100 INR/KG)
2,100-2,400
2,100-2,400
Wheat Lokwan medium (100 INR/KG)
1,900-2,000 1,900-2,000
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 best (100 INR/KG)
3,300-3,500
3,200-3,500
Rice BPT medium (100 INR/KG)
2,900-3,200
2,900-3,100
Rice Luchai (100 INR/KG)
2,600-2,900
2,600-2,900
Rice Swarna best (100 INR/KG)
2,500-2,700
2,500-2,700
Rice Swarna medium (100 INR/KG)
2,300-2,400
2,300-2,400
Rice HMT best (100 INR/KG)
3,800-4,200
3,800-4,200
Rice HMT medium (100 INR/KG)
3,500-4,000 3,500-4,000
Rice Shriram best(100 INR/KG)
5,000-5,500 4,800-5,200
Rice Shriram med (100 INR/KG)
4,600-4,900
4,400-4,700
Rice Basmati best (100 INR/KG)
10,000-14,000
10,000-14,000
Rice Basmati Medium (100 INR/KG)
5,100-7,600
5,100-7,600
Rice Chinnor best 100 INR/KG)
4,800-5,000
4,800-5,000
Rice Chinnor medium (100 INR/KG)
4,300-4,500
4,300-4,500
Jowar Gavarani (100 INR/KG)
2,000-2,200
2,000-2,200
Jowar CH-5 (100 INR/KG)
1,800-2,000 1,800-2,000
WEATHER (NAGPUR)
Maximum temp. 31.1 degree Celsius,
minimum temp. 24.6 degree Celsius
Rainfall : Nil
FORECAST: Generally cloudy sky with
possibility of moderate rains. Maximum and minimum
temperature would be around and 32
and 25 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices,
butincluded in market prices)
https://in.reuters.com/article/nagpur-foodgrain/nagpur-foodgrain-prices-open-august-31-2017-idINL4N1LH3KA
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