Friday, November 03, 2017

3rd November,2017 daily global regional local rice e-newsletter by riceplus magazine




Four varieties top national rice competition



Chea Vannak / Khmer Times Share:    
Four varieties of premium fragrant rice and one variety of fragrant rice have come out on top at a national rice competition held yesterday and will be representing the kingdom in this year’s World’s Best Rice Competition later this month in Macau, China.
The chosen premium fragrant rice varieties were Phka Rumduol, Phka Rumdeng, Somaly and Phka Knhei, while the fragrant rice was Sen Kra Oub.Twelve premium fragrant rice varieties, eight brands of fragrant rice and three types of long grain white rice were entered in the competition, vying for the title of best rice in Cambodia.
The 20-member judge panel was composed of representatives from the Cambodia Chef Association, the Cambodia Rice Federation (CRF), the Cambodia Agricultural Research and Development Institute and a number of other international rice experts, who sampled the rice for external appearance and taste.Millers and agricultural communities from across the nation sent samples of their grain to the competition, said CRF vice-president Hun Lak.“The competition is very important because it has given us the opportunity to choose Cambodia’s best rice,” Mr Lak said.“Now we have a strong contender for the title of world’s best rice. If we win, our rice will attain even more international recognition.”The winners of yesterday’s competition will receive their certificates in an annual rice forum that will take place in mid-November.
The judging panel of the rice competition. KT/Chor Sokunthea
CRF president Sok Puthyvuth applauded the fact that agricultural communities entered the competition, saying it represents progress for the rice sector.
“We are proud this year’s contest has drawn in agricultural communities, which means they also want their rice and their millers to be recognised nationally and internationally,” Mr Puthyvuth said.
Cambodian rice variety Phka Rumduol, often called Phka Malis or Cambodia jasmine rice by millers and traders, won the international competition from 2012 to 2014, but lost its crown in 2015 to a rice variety from California.
“I cannot say whether or not Cambodia will win the international contest this year, but I can tell you that, as a sector, we have improved in a variety of areas, including production efficiency, quality of rice and quality of packaging,” Mr Puthyvuth said.
Phou Puy, the president of Green Rice Miller in Battambang province, said participating in the international contest alone will enhance the reputation of the Cambodian grain.
“It is an important contest and can make our brands be known internationally,” Mr Puy said.Mr Puy said purchases of Cambodian rice will increase following the competition, whether a Cambodian brand comes out on top or not.“Whether we win or lose, we can expect more orders from international buyers, as the competition will serve as a window to showcase our products,” he said.
From January to September 2017, Cambodia exported 422,000 tonnes of milled rice, a 16 percent increase compared with the same period a year earlier.
http://www.khmertimeskh.com/5088803/four-varieties-top-national-rice-competition/
An 87-year-old scientist may have just unlocked the secret to growing rice in saltwater



Yuan Longping is known as the 'father of hybrid rice' in China. Getty Images / Guang Niu
·         Scientists in China have developed more than 200 new strains of high-yield, saltwater-tolerant rice.
·         The research team hopes the crops will eventually be grown in boggy swamps and coastal areas, and feed as many as 200 million people.
·         Recent tests were conducted in diluted salt water that has roughly 10% of the level of salt naturally found in sea water.  


Yuan Longping, an 87-year-old Chinese scientist, has spent his life working to feed a world hungry for rice. Now he's wading into saltier territory.Longping is developing a new high-yield strain of rice that can grow in saltwater paddies.The traditional process of cultivating rice requires a field to be flooded with a supply of fresh water. Only a fraction of China's total land area can be farmed this way, since much of the soil has salt in it from coastal flooding and tides. In the region of Dongying on China's eastern coast, for example, nearly 40% of the land now has salt content above .5%, according to the World Bank. (China nonetheless produces more rice than any other country, however.) 
Growing rice in swamps, bogs, and clay-like or salty coastal waters, which comprise about a third of the total arable land in China, has typically been impossible because salt stresses the plants. That makes photosynthesis and respiration a challenge for the stalks, causing them to stop growing and die. An increasing amount of land is expected to face this problem as sea levels rise.
If Chinese farmers can start planting rice in the vast salty swaths of their country, however, that could dramatically increase the country's food supply.

Early success

Longping's first test results look promising: A crop of 200 different saltwater-tolerant strains of rice that his research group grew this year yielded up to 8,030 pounds of rice per acre, according to China’s Xinhua News Agency.
That's more rice than most commercial US growers harvest in their yields (which usually range between 7,200-7,600 pounds per acre.)
Growing rice in saltwater would also free up stretches of soil that's currently devoted to rice for other crops. Chinese diets are changing as more affluent consumers demand more meatand fewer grains, but space to raise livestock and vegetables is limited, since so much of China's arable land is reserved for rice. 
“That could, of course, have a huge impact on the overall food security and supply in China,” Ren Wang, assistant director general for agriculture at the United Nations' Food and Agriculture Organization, told Business Insider.
Longping's initial success came just as the 2017 global rice production forecast has taken a downturn. South Korea and Sri Lanka are suffering from “abnormal dryness,” according to the UN FAO, while Bangladesh recently experienced some of the worst flooding to hit South Asia in a decade. India and Nepal were hit by both floods and droughts this year, so are also expecting rice prices to tick up.

Feeding 200 million people

But although Longping's experimental planting, which was conducted at the Qingdao Saline-Alkali Tolerant Rice Research and Development Center on the Yellow Sea, showed the rice was able to grow in sea-like water, the salt concentration was diluted.
“It’s still only maybe 10% the level of salt in sea water,” Wang said, cautioning that the rice is still “quite far” from any practical application for farmers.
The Chinese research team behind the new strain hopes that in three to five years, they’ll be able to produce enough of the saltwater-powered grain to feed 200 million Chinese people, and possibly hundreds of millions more around the world. Wang says the technique could also be adopted in other areas, including Bangladesh, Vietnam and parts of Africa. 
The goal sounds lofty, but Longping knows a thing or two about how to grow new kinds of rice. The Chinese researcher won the 2004 World Food Prize for his work on some of the first high-yield hybrid rice varieties that were developed in the 1970s, which helped shift his country from food deficient to food secure. 

New breeds

Rice has been a staple crop for more than 7,000 years, and today, more than half of the world’s population relies on the fingernail-sized grain for sustenance, according to the United Nations. High-yield varieties like those Longping has developed feed more mouths than traditional techniques, but are also more energy-intensive and require more non-organic fertilizer.
With the saltwater technique, rice growers are hoping to cut back on energy use. One successful strain, called Green Super Rice, has been shown to grow in salty water and is already being cultivated with some success in the Philippines. It's more environmentally friendly than typical high-yield rice, and it fetches a higher price due to its high-quality, reddish grains, according to the International Rice Research Institute.
In addition to increasing the total volume of rice that can be produced, rice grown in saltwater may offer health benefits, since there’s more calcium and other micronutrients in alkaline waters. 
But the scientists will have to make sure that consumers actually want to eat this new rice.
The saltwater-tolerant strains in China were developed with crosses from wild rice relatives, and Wang says he hasn't found any detailed report on the rice quality. That makes him skeptical about how the new breeds taste.
“I personally would imagine there’s still a long way to go,” he said.
Pakistan will join global rice seed exporters club by November
·       RECORDER REPORT

·       NOV 2ND, 2017

·       LAHORE
Pakistan will join the global rice seed exporters club after Guard Agricultural Research and Services (Pvt) Limited is expecting to start exporting hybrid rice seed to Philippines by the end of November. 'We have a good harvest of rice seed of hybrid varieties, which is now in the processing phase in Lahore and it is expected that we may be able to export 50-70 metric tons of seed this year,' said Guard Agricultural Senior Executive Seed Division, Shah Rukh Malik while talking to Business Recorder at the Company's 10th sales conference here the other day.

The hybrid varieties developed and tested in collaboration with the Chinese partners and it is aimed that in next five years export of hybrid rice seed should reach to 2000-5000 metric tons, he added. Earlier speaking to the participants of the sales conference, he also disclosed that they have also launched a project to develop hybrid for Basmati rice too. He said that 15 to 20 senior Chinese scientists come to Pakistan every year to work on the Basmati hybrid. He hoped that soon this hybrid will also be available to farmers of the country.

Throwing achievement of his company, he said that they have also started production of maize hybrid locally. He said that his company has a share of 59 percent in the total hybrid rice market of the country. Another Senior Executive Shahjahan Malik said that their company is growing at the rate of average 22 percent. He said year 2015 was a tough year for rice sector but 2016 saw a growth of 27 percent of their domestic sale while in 2017 they have achieved a growth of 22 percent till date.

Shahzad Ali Malik, Chief Executive Officer of Guard Agri said that efforts of his company to promote hybrid rice seed in Pakistan helped farmers in some of the poorest rice growing areas of Sindh and Balochistan to double the per acre yield, incomes and improving living standard.


https://fp.brecorder.com/2017/11/20171102231598/



LSU AgCenter names new Rice Station administrators


Dr. Don Groth, right, is the new director of the H. Rouse Caffey Rice Research Station while Dr. Dustin Harrell is the new assistant director. Both will continue their research and Extension duties, with Groth working in plant pathology and Harrell maintaining his agronomy projects.
Dr. Kurt Guidry, director of the Louisiana State University AgCenter’s Southwest Region, has appointed Dr. Don Groth the new director of the H. Rouse Caffey Rice Research Station in Crowley. Guidry also named Dr. Dustin Harrell the station’s assistant director, a position previously held by Groth. The announcements were made during the Oct. 31 Louisiana Rice Research Board meeting.“We’re excited about having both of these outstanding scientists in their new roles,” Guidry told the board.
Groth has worked at the Rice Research Station for 34 years. He replaces Dr. Steve Linscombe, who retired Oct. 1.
Groth earned his bachelor’s degree in botany from Eastern Illinois University, and his master’s and doctorate from Iowa State University, according to a university news release.
Harrell, the Extension rice specialist and research agronomist, obtained his bachelor’s degree from Texas A&M in agriculture science, his master’s degree from Stephen F. Austin State University in soil fertility, and his doctorate from LSU in soil fertility and chemistry.
He has worked at the Rice Research Station since 2006. Previously, he was high school science teacher and a U.S. Department of Agriculture soil scientist.
Dr. Rogers Leonard, LSU AgCenter associate vice president for plants, soils and water, said Groth and Harrell will continue the tradition of excellence at the station.
Leonard said Groth will have administrative oversight for all fiscal and physical resources at the station. Harrell will be the station’s research coordinator to support all faculty research efforts with projects at the station.
Both scientists will maintain most of their current responsibilities for research and Extension activities

http://www.ricefarming.com/departments/industry-news/lsu-agcenter-names-don-groth-rice-station-dir

 

 

EU sets Dec 31 deadline to adhere to new Basmati import norms

PTI|
Updated: Nov 02, 2017, 03.30 PM IST
Two aromatic Basmati varieties - PB1 and 1401 - are maximum exported to the EU.
The European Union has given time to Indiatill December 31 to meet the bloc's new norms on importing Basmati rice, Minister of State for Commerce and Industry CR Chaudhary said today.The new norms set by European Commissionbring down the maximum residue limit (MRL) level for Tricyclazole (a fungicide) in Basmati rice to 0.01 mg per kg from next year. The norms are applicable on all rice-exporting countries.
"The European Union has asked us not to send Basmati rice to them because of some plague or technical points. We requested them to at least give us time, we have to make the farmer aware not to use this pesticide. They have given us time till December 31, 2017. But we have to maintain our quality," Chaudhary said while addressing a conference organised by Assocham here.
However, experts believe it may take two crop cycles for India to meet the new import norms.
Two aromatic Basmati varieties - PB1 and 1401 - are maximum exported to the EU. The shipments of these varieties with Tricyclazole MRL at 0.03 mg per kg were accepted so far from India.According to industry experts, Pakistan stands to gain from the new norms as it does not use Tricyclazole on its crop and is looking at the opportunity to ship more from January 2018, even as India's Basmati exports to the bloc worth around Rs 1,700 crore are likely to be hit. India, the world's top rice exporter, shipped 3.5 lakh tonnes valuing Rs 1,744 crore of Basmati to the EU in 2016-17. The Basmati export to the bloc comprises 10 per cent of the total 40 lakh tonnes undertaken annually, as per the industry data.
Besides, the minister exuded confidence that India will be among the top 50 nations in ease of doing business ranking in 2019 on the back of implementation of GST.
"After the GST is factored in, we will certainly be in the top 50 when the World Bankreleases its Doing Business report in 2019," Chaudhary said.


Pakistan will join global rice seed exporters club by November-end: Malik
Pakistan will join the global rice seed exporters club after Guard Agricultural Research and Services (Pvt) Limited is expecting to start exporting hybrid rice seed to Philippines by the end of November. 'We have a good harvest of rice seed of hybrid varieties, which is now in the processing phase in Lahore and it is expected that we may be able to export 50-70 metric tons of seed this year,' said Guard Agricultural Senior Executive Seed Division, Shah Rukh Malik while talking to Business Recorder at the Company's 10th sales conference here the other day. The hybrid varieties developed and tested in collaboration with the Chinese partners and it is aimed that in next five years export of hybrid rice seed should reach to 2000-5000 metric tons, he added. Earlier speaking to the participants of the sales conference, he also disclosed that they have also launched a project to develop hybrid for Basmati rice too. He said that 15 to 20 senior Chinese scientists come to Pakistan every year to work on the Basmati hybrid. He hoped that soon this hybrid will also be available to farmers of the country. Throwing achievement of his company, he said that they have also started production of maize hybrid locally. He said that his company has a share of 59 percent in the total hybrid rice market of the country. Another Senior Executive Shahjahan Malik said that their company is growing at the rate of average 22 percent. He said year 2015 was a tough year for rice sector but 2016 saw a growth of 27 percent of their domestic sale while in 2017 they have achieved a growth of 22 percent till date. Shahzad Ali Malik, Chief Executive Officer of Guard Agri said that efforts of his company to promote hybrid rice seed in Pakistan helped farmers in some of the poorest rice growing areas of Sindh and Balochistan to double the per acre yield, incomes and improving living standard.
Author Name: https://fp.brecorder.com/2017/11/20171102231598/
Asia Rice- Thailand aims to boost exports; India rates dip on fresh supply
The country has exported 8.23 million tonnes of rice since January to September this year. BENGALURU, Nov 2 (Reuters) d this week as the country aims to attract more foreign buyers to boost exports, while prices in India slipped amid increasing supplies from the new season's crop.  Thailand's benchmark 5-percent broken rice was quoted at $382-$386 a tonne, free-on-board (FOB) Bangkok, which compared with $375-$388 a tonne last week.  The country has exported 8.23 million tonnes of rice since January to September this year, according to Thailand's Ministry of Commerce, who have a target to reach 11 million tonnes in exports by the end of the year.   The Ministry of Commerce aims to host an event that would bring more than 200 foreign buyers to negotiate with 100 Thai entrepreneurs. The ministry expects that after the event 586 million baht worth of rice will be ordered immediately and orders worth another 30 billion baht will follow within a year.  "I think 8.23 million tonnes is already a success as every year it is around this much," said a Bangkok-based rice trader.  "The ministry is trying to boost exports in the final quarter of the year. However, personally, I don't think it's possible."  Meanwhile India's 5 percent broken parboiled rice prices fell by $2 per tonne to $400-$403 per tonne as supplies from a new season crop were starting to pick up in some spot markets.  "We are getting inquiries from Sri Lanka and Bangladesh but they are quoting low prices," said an exporter based in Kakinada in the southern state of Andhra Pradesh.  Bangladesh, which has become a major importer this year after floods hit its crops, has imported more than 1.4 million tonnes of rice in the July-October period, the country's food ministry data showed.  Traders and officials in Bangladesh expect more imports in the coming months as domestic rice prices are still high, which poses a problem for the government.  India's rice exports during April-August rose 7.4 percent from a year earlier, to 5.13 million tonnes, as shipments of non-basmati rice surged. The country mainly exports non-basmati rice to African countries and premier basmati rice to the Middle East.  Iran's state grains buyer GTC has issued an international invitation to tender to buy 30,000 tonnes of rice to be sourced from India for shipment in early 2018, European traders said on Wednesday.  In Vietnam drying rice stockpiles kept the price for the benchmark 5-percent broken rice unchanged from last week at as high as $405 per tonne, FOB Saigon, discouraging buyers from clinching new deals.  "We couldn't sell much because our prices are around $20-30 higher than Thailand. Importers came to negotiate with us but in the end no new contracts were made," a trader in Ho Chi Minh City said.  Rice traders expected that the market would stay quiet on thin trading until January, despite new supply from the upcoming harvest of autumn-winter crops.  A monthly government report last Sunday showed Vietnam would have shipped an estimated 400,000 tonnes of rice in October, down from 516,000 tonnes in September.

Basmati exporters reap rich dividends

Register 25% more returnsThanks to high basmati prices in the overseas market, exporters have registered a better realisation in the first six months of the current fiscal as compared to the previous year. While the export of basmati has risen marginally by 3% during the period, the realisation was 26% more per tonne in dollar terms in the current year.  As per the Agricultural and Processed Food Products Export Development Authority  (APEDA) data, basmati exports during April-September (2017-18) was 21.32 lakh tonne as compared to 20.67 lakh tonne during the corresponding period previous year.Further, in the current fiscal, the per-tonne realisation was $997 as compared to $789 in the corresponding period last year.The total export value during the period was $2,126 million (Rs 13,690 crore) in 2017-18 as compared to $1,631 (Rs 10,923 crore). Gurnam Arora, Joint MD, Kohinoor Foods, said, “Basmati exports have been encouraging because of demand from Iran in the first four months of the current fiscal. As far as realisation is concerned, it was due to high price of the commodity in the domestic market and better price in the overseas market.”On being asked about the outlook for the current year, he said, “It is very difficult to predict at this moment as Iran has again discontinued the import of basmati rice from India. So, resumption of import by Iran will decide the fate of exporters and volume.” He, however, said Iran might resume the import by this month. “Rating agency, ICRA expects the demand concerns in the form of Iran import ban and sluggishness in other countries would be overcome and export volumes in FY2018 to be around 4.1 million MT i.e 4% higher than FY2017. It also added that higher paddy prices in the last procurement season and current procurement season are expected to push up the average realisations in FY2018.Arora said basmati production this year is down by 7-8% and total production would be anywhere between 90 and 95 lakh tonne. In the current season, there has been rainfall deficit in the key basmati producing states of Uttar Pradesh and Haryana. These factors can translate into lower paddy production in the current crop season, and thus the paddy prices are likely to open firm in the upcoming procurement season.
Author Name: http://www.tribuneindia.com/news/business/basmati-exporters-reap-rich-dividends/490976.html
Iran issues tender to buy 30,000 tonnes rice from India: traders
Iran's state grains buyer GTC has issued an international tender to buy 30,000 tonnes of rice to be sourced from India, European traders said on Wednesday.The tender closes on Dec. 12.
The rice is sought in three consignments of 10,000 tonnes for shipment in early 2018, they said.
Author Name: http://www.newindianexpress.com/business/2017/nov/01/iran-issues-tender-to-buy-30000-tonnes-rice-from-india-traders-1689315.html

Thailand boosts rice exports to Hong Kong

VNA THURSDAY, NOVEMBER 02, 2017 - 14:22:00 PRINT
Thailand’s Ministry of Commerce has bolstered rice exports to Hong Kong (China) and invited rice importers from Hong Kong to discuss the import of Thai rice in the coming time, reported Thai media on November 1 (Photo: Reuters)
Bangkok (VNA) – Thailand’s Ministry of Commerce has bolstered rice exports to Hong Kong (China) and invited rice importers from Hong Kong to discuss the import of Thai rice in the coming time, reported Thai media on November 1.A delegation of 37 major businesses led by the Chairman of the Rice Merchants’ Association of Hong Kong arrived in Thailand last weekend to discuss rice markets.
The delegation held working sessions with about 100 rice producers of Thailand from October 30 to November 2.
Nearly 760 companies are expected to sign memorandum of understanding on buying 14,000 tonnes of jasmine rice, brown rice, organic rice and riceberry rice from Thailand.
Hong Kong is among major rice export markets of Thailand, with Thai rice accounting for 70 percent of the market share.-VNA
https://en.vietnamplus.vn/thailand-boosts-rice-exports-to-hong-kong/120461.vnpNOVEMBER 2, 2017 / 5:20 PM / UPDATED A DAY AGO

Thailand aims to boost exports; India rates dip on fresh supply



BENGALURU (Reuters) - Rice prices were relatively stable in Thailand this week as the country aims to attract more foreign buyers to boost exports, while prices in India slipped amid increasing supplies from the new season’s crop.

A man works in a rice field in Khon Kaen, Thailand July 12, 2017. REUTERS/Panu Wongcha-um/Files

Thailand’s benchmark 5-percent broken rice was quoted at $382-$386 a tonne, free-on-board (FOB) Bangkok, which compared with $375-$388 a tonne last week.The country has exported 8.23 million tonnes of rice since January to September this year, according to Thailand’s Ministry of Commerce, who have a target to reach 11 million tonnes in exports by the end of the year.The Ministry of Commerce aims to host an event that would bring more than 200 foreign buyers to negotiate with 100 Thai entrepreneurs. The ministry expects that after the event 586 million baht worth of rice will be ordered immediately and orders worth another 30 billion baht will follow within a year.

“I think 8.23 million tonnes is already a success as every year it is around this much,” said a Bangkok-based rice trader.“The ministry is trying to boost exports in the final quarter of the year. However, personally, I don’t think it’s possible.”Meanwhile India’s 5 percent broken parboiled rice prices fell by $2 per tonne to $400-$403 per tonne as supplies from a new season crop were starting to pick up in some spot markets.

“We are getting inquiries from Sri Lanka and Bangladesh but they are quoting low prices,” said an exporter based in Kakinada in the southern state of Andhra Pradesh.Bangladesh, which has become a major importer this year after floods hit its crops, has imported more than 1.4 million tonnes of rice in the July-October period, the country’s food ministry data showed.Traders and officials in Bangladesh expect more imports in the coming months as domestic rice prices are still high, which poses a problem for the government.

India’s rice exports during April-August rose 7.4 percent from a year earlier, to 5.13 million tonnes, as shipments of non-basmati rice surged. The country mainly exports non-basmati rice to African countries and premier basmati rice to the Middle East.Iran’s state grains buyer GTC has issued an international invitation to tender to buy 30,000 tonnes of rice to be sourced from India for shipment in early 2018, European traders said on Wednesday.

In Vietnam drying rice stockpiles kept the price for the benchmark 5-percent broken rice unchanged from last week at as high as $405 per tonne, FOB Saigon, discouraging buyers from clinching new deals.“We couldn’t sell much because our prices are around $20-30 higher than Thailand. Importers came to negotiate with us but in the end no new contracts were made,” a trader in Ho Chi Minh City said.

Rice traders expected that the market would stay quiet on thin trading until January, despite new supply from the upcoming harvest of autumn-winter crops.

A monthly government report last Sunday showed Vietnam would have shipped an estimated 400,000 tonnes of rice in October, down from 516,000 tonnes in September.

 

https://in.reuters.com/article/asia-rice/thailand-aims-to-boost-exports-india-rates-dip-on-fresh-supply-idINKBN1D21LF

 

Over 5 million tonnes of rice exported in ten months

VNA THURSDAY, NOVEMBER 02, 2017 - 9:38:00 PRINT
Harvesting rice by using a combine harvester (Photo: VNA)

Hanoi (VNA) – Vietnam shipped 5.05 million tonnes of rice worth 2.25 billion USD in the first ten months of 2017, up 22.3 percent in volume and 21.1 percent in value year on year, said the Ministry of Agriculture and Rural Development.The country earned 206 million USD from exporting 430,000 tonnes of rice in October alone.
From January to October, China remained the biggest importer of Vietnamese rice when it was the destination of 39.3 percent of Vietnam’s exported rice. It is followed by the Philippines (9.6 percent) and Malaysia (8 percent).

According to the Vietnam Food Association (VFA), regional countries’ demand for imported rice will rise sharply in the last months of the year. The recent serious flooding in Bangladesh damaged about 1million tonnes of rice in this country, turning the South Asian nation into a big rice importer with a forecast volume of up to 1.5 million tonnes in 2017.

The Philippines’s rice stockpile declined, forcing its Government to step up purchasing rice. Meanwhile, Sri Lanka is predicted to import 650,000 tonnes of rice this year, compared to just 60,000 tonnes in 2016. African markets are also recovering their rice import, the association said.Amid positive signs like a strong increase in the number of contracts registered for export in the remaining months, the VFA raised the rice export target this year from 5.2 million tonnes to 5.6 million tonnes.-VNA

https://en.vietnamplus.vn/over-5-million-tonnes-of-rice-exported-in-ten-months/120448.vnp

Nagpur Foodgrain Prices Open- November 03, 2017



Nagpur Foodgrain Prices – APMC/Open Market-November 3
Nagpur, Nov 3 (Reuters) – Gram prices showed weak tendency in Nagpur Agriculture Produce
Marketing Committee (APMC) on lack of demand from local millers amid high moisture content
arrival. Easy condition on NCDEX, downward trend in Madhya Pradesh gram prices and release of
stock from stockists also affected prices , according to sources.  
 
    FOODGRAINS & PULSES
     
   GRAM
   * Gram varieties ruled steady in open market here but demand was poor.
   
   TUAR
      
   * Tuar gavarani quoted weak in open market in absence of buyers amid good supply from 
     producing regions.
 
   * Rice Shriram variety recovered in open market on good demand from local traders 
     amid thin supply from producing regions.
                                                        
   * In Akola, Tuar New – 3,950-4,075, Tuar dal (clean) – 5,700-6,000, Udid Mogar (clean)
    – 7,700-8,300, Moong Mogar (clean) 6,900-7,200, Gram – 4,700-4,800, Gram Super best 
    – 7,100-7,300
 
   * Wheat, other varieties of rice and other foodgrain items moved in a narrow range in 
     scattered deals and settled at last levels in weak trading activity. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
    
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                  3,500-4,800         3,600-4,800
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                n.a.                3,500-3,950
     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        1,600-1,700        1,600-1,690
     Gram Super Best Bold            7,500-7,800        7,500-7,800
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            6,200-7,000        6,200-7,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            5,000-5,100        5,000-5,100
     Desi gram Raw                4,800-4,850         4,800-4,850
     Gram Kabuli                12,500-13,200        12,500-13,200
     Tuar Fataka Best-New             6,200-6,400        6,000-6,400
     Tuar Fataka Medium-New        5,700-6,000        5,700-6,000
     Tuar Dal Best Phod-New        5,300-5,600        5,300-5,600
     Tuar Dal Medium phod-New        4,750-5,150        4,800-5,200
     Tuar Gavarani New             3,700-3,800        3,750-3,850
     Tuar Karnataka             4,100-4,400        4,100-4,400
     Masoor dal best            4,900-5,400        4,900-5,400
     Masoor dal medium            4,500-4,800        4,500-4,800
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        6,800-7,400         6,800-7,400
     Moong Mogar Medium            6,300-6,600        6,300-6,600
     Moong dal Chilka            5,600-6,200        5,600-6,200
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            7,000-7,500        7,000-7,500
     Udid Mogar best (100 INR/KG) (New) 8,000-8,500       8,000-8,500 
     Udid Mogar Medium (100 INR/KG)    6,100-7,100        6,100-7,100    
     Udid Dal Black (100 INR/KG)        5,200-6,200        5,200-6,100     
     Batri dal (100 INR/KG)        5,000-5,400        5,000-5,400
     Lakhodi dal (100 INR/kg)          2,800-3,000         2,800-3,000
     Watana Dal (100 INR/KG)            2,900-3,000        2,900-3,000
     Watana Green Best (100 INR/KG)    3,400-3,800        3,400-3,800   
     Wheat 308 (100 INR/KG)        1,900-2,000        1,900-2,000
     Wheat Mill quality (100 INR/KG)    1,750-1,900        1,750-1,90   
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300         
     Wheat Lokwan best (100 INR/KG)    2,200-2,450        2,200-2,400    
     Wheat Lokwan medium (100 INR/KG)   1,900-2,150        1,900-2,100
     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)        3,000-3,500        3,000-3,500    
     Rice BPT medium (100 INR/KG)        2,800-2,900        2,800-2,900    
     Rice Luchai (100 INR/KG)         2,200-2,400        2,200-2,400      
     Rice Swarna best (100 INR/KG)      2,500-2,600        2,500-2,600   
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400   
     Rice HMT best (100 INR/KG)        3,600-4,000        3,600-4,000     
     Rice HMT medium (100 INR/KG)        3,250-3,600        3,250-3,600    
     Rice Shriram best(100 INR/KG)      4,700-5,000        4,600-5,000
     Rice Shriram med (100 INR/KG)    4,300-4,500        4,200-4,400   
     Rice Basmati best (100 INR/KG)    10,000-14,000        10,000-14,000     
     Rice Basmati Medium (100 INR/KG)    5,000-7,500        5,000-7,500    
     Rice Chinnor best 100 INR/KG)    5,000-5,500        5,000-5,500    
     Rice Chinnor medium (100 INR/KG)    4,700-5,000        4,700-5,000   
     Jowar Gavarani (100 INR/KG)        2,000-2,200        2,000-2,100    
     Jowar CH-5 (100 INR/KG)         1,800-2,000        1,700-2,000
 
WEATHER (NAGPUR)  
Maximum temp. 31.3 degree Celsius, minimum temp. 14.4 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 32 and 15 degreeCelsius respectively.
 
Note: n.a.--not available
https://in.reuters.com/article/nagpur-foodgrain/nagpur-foodgrain-prices-open-november-03-2017-idINL4N1N92S8

 

Provinces to face 36pc water shortage in Rabi season

ISLAMABAD –  The Indus River System Authority (Irsa) on Wednesday upward revised the water shortage and anticipated that provinces will face 36 percent shortage during Rabi season instead of the early forecast of 20 percent.The Irsa’s advisory committee has anticipated that the country will receive 23.96 MAF against the early estimation of 29.48 MAF, said Irsa spokesperson Khalid Rana while talking to media persons after the meeting of the committee. The emergency meeting of the committee was convened to review the water availability situation in the country. The meeting was presided over by Irsa Chairman Sherzaman and was attended by Irsa provincial member, officials of Wapda, provincial irrigation department and other officials concerned.
The Irsa spokesperson said that Sindh, Punjab and Wapda have submitted their working paper regarding the water availability in the reservoirs and rivers. The advisory committee reviewed the data and forecasted that the water shortage for the Rabiseason will be 36 percent.
Earlier, the advisory committee estimated that Punjab and Sindh will face up to 20 percent water shortage for upcoming Rabi season . It was estimated the total water availability of 29.48 million acre feet (MAF) including 24 MAF from river flows and about 7.8 MAF currently stored in two reservoirs. Earlier, the advisory committee allocated 1.90 MAF for Balochistan and Khyber Pakhtunkhwa (KP). Balochistan would get 1.2 MAF, while KP would get 0.70 MAF. Punjab will get 15.72 MAF and Sindh would get 11.90 MAF.
During October, the rivers have received 4.1 MAF water which was 17 percent less than the earlier anticipation of 4.9 MAF, he said. Rana said that the currents flows in rivers are 46,000 cusecs which is 20 percent less than the earlier anticipation. Similarly, the water in reservoir is 5.9 MAF which is 30 percent less than the forecast. The anticipated water availability in the rim stations will be 12.4 MAF, and the losses are going to be around 1.7 MAF, he added.
The provinces have already received 7.3 MAF water during the first month of Rabiseason which is 16 percent less than the anticipation. The sowing season in Sindh has started while in Punjab it’s going to start during the current week, he maintained. Rana said, “Now it has been estimated that the country will receive 23.94 MAF water against the earlier anticipation of 29.48 MAF.” Since Balochistan and KP were exempted from cuts in the share, the water shortage would be distributed between Sindh and Punjab. Both Balochistan and KP is going to get their full share of 1.9 MAF and the remaining water will be distributed between Punjab and Sindh. Since the provinces have already utilised 7.3 MAF of its allocated water; therefore, the remaining water the provinces will receive is 16.68 MAF water during the remaining five months of the Rabi season .
In view of the new estimates, Punjab will get 12.6 MAF water against the earlier allocation of 15.72 MAF while Sindh will get 9.5 MAF against the allocation of 11.9 MAF. He said that last year they have a carryover of 10.5 MAF from the Kharif season but during current year the carryover was 8.5 MAF which was 2 MAF less.
The Water Accord 1991 empowered the Irsa to determine water availability in the country and allocate provincial share twice a year, once for Kharif season and the other for Rabi season . Rabi season starts from October 1 and Kharif starts from April 1.
Replying a query, he said the carryover from Kharif was less as water was released to Sindh and Punjab to save the Kharif crops. He further said that during the meeting both Punjab and Sindh have requested to provide full share during the wheat sowing seasonand adjust the 36 percent shortage during the remaining months of the season .
Source The Nation





Ag Groups Say a NAFTA Withdrawal Notice Would Cause 'Immediate' Harm 
By Frank Leach

WASHINGTON, DC -- Last week, a coalition of more than 80 major food and agricultural industry groups, including USA Rice, responded to President Trump's threat to send a notice to Congress to withdraw from NAFTA and recent comments by Commerce Secretary Wilbur Ross that the potential danger of a NAFTA withdrawal to U.S. agricultural producers is an "empty threat."  The groups warned that if the administration issues the notice to pressure Canada and Mexico into meeting U.S. demands, it risks causing substantial harm to the U.S. economy.

In a letter sent to Commerce Secretary Wilbur Ross, the groups argued, "We are sadly confident that issuance of a notice of withdrawal from NAFTA would trigger a substantial, immediate response in commodity markets as market-specific focus would turn to a scheduled return to trade-prohibitive tariff rates."

The letter also noted that, "Contracts would be canceled, sales would be lost, able competitors would rush to seize our export markets, and litigation would abound, even before withdrawal would take effect."  The groups added, "A move to send a NAFTA withdrawal notice and wager that renegotiation could be completed within the six-month withdrawal period outlined in the agreement's rules gravely underestimates the business complexity and contracting periods involved."

The in-depth letter described the impact withdrawal from NAFTA could have on multiple commodity sectors, including rice.  "By signing on to this letter, we've made it clear to Secretary Ross that the global market is distorted by subsidies and government import controls that artificially increase world rice stocks," said USA Rice President & CEO Betsy Ward.  "NAFTA is a proven shield against these distortions, and the infrastructure and trade relationships built through NAFTA are not transferable to other markets."

Ward continued, "Mexico and Canada account for nearly 30 percent of all U.S. rice exports and exiting NAFTA will open these markets to competitors from Asia and Brazil with no obvious home for displaced U.S. sales as the global market is not short of rice."   The threat of NAFTA's collapse is being taken seriously and Mexico is making preparations to identify alternative sources of commodities.  Last year the Mexican government removed the tariff on rice from Southeast Asia, and in July of this year, began importing rough rice from Guyana - the first time it's imported paddy from a country other than the United States.  Additionally, last month Mexico signed a phytosanitary agreement with Argentina to allow for the importation of wheat for the first time.


Quote of the Day

"If the only tool you have is a hammer, every problem looks like a nail."
                                                                     - Abraham Lincoln


No comments:

Post a Comment