World Rice
Production 2016/2017
February 2017
This month the United States
Department of Agriculture (USDA) estimates that the World Rice Production 2016/2017 will be 480.13 million metric tons, around 0.12 million tons
more than the previous month's projection.Rice Production last year (*) was 472.04 million tons. This year's 480.13 estimated million tons could represent an increase of 8.09 million tons or a 1.71% in rice production around the globe.
Rice Production by Country
(Values in Metric Tons)China: 144,850,000
India: 106,500,000
Others: 41,285,000
Indonesia: 36,600,000
Bangladesh: 34,581,000
Vietnam: 27,800,000
Thailand: 18,600,000
Burma: 12,500,000
Philippines: 11,500,000
Brazil: 7,820,000
Japan: 7,790,000
United States: 7,117,000
Pakistan: 6,640,000
Cambodia: 4,700,000
Egypt: 4,554,000
Korea, South: 4,197,000
Nepal: 3,100,000
Next Update will be March 09, 2017.
https://www.worldriceproduction.com/?Referer=Newsletter
RI, Pakistan to focus on
overcoming PTA obstacles
20 hours ago | 1.174 Views
Jakarta (ANTARA News) - Indonesia and Pakistan have agreed to
focus on efforts to overcome barriers in the Indonesia-Pakistan Preferential
Trade Agreement (IP-PTA) and to increase the number of products in the
agreement.
Director General for International Trade Affairs of the Ministry of Trade Iman Pambagyo said the two sides focused on eliminating constraints in the IP-PTA. "We are focusing on the existing PTA problems and are likely to increase the number of products in the agreement," Pambagyo said in a short message to ANTARA on Monday.
He added that after benefiting from the PTA cooperation scheme, the two sides will prepare a model to increase the PTA level to Trade in Goods Agreement or even to Comprehensive Economic Partnership Agreement.
Both countries made the efforts to reinforce their trade and investment relations during the second Joint Commission meeting to review the I-P-PTA, which was held on Feb 16 and 17, 2017, in Islamabad, Pakistan.
The two delegations discussed two important issues on obtaining bigger benefit from the IP-PTA and cooperation on trade and investment promotion.
Other issues discussed included Kinnow orange market access to Indonesia, disturbance of Indonesian oil palm products to Pakistan, Pakistans interest to supply Indonesia with white rice and Basmati rice, surgery equipment, and beef exports.
Indonesia raised the issue of high tariff on a number of Indonesian export products that it felt was too aggressive.
Since the imposition of the PTA in 2012, Indonesias exports to Pakistan increased sharply, while Pakistans exports to Indonesia declined.
Indonesias exports to Pakistan in 2015 stood at US$2 billion, while Pakistans exports to Indonesia were recorded at $174.5 million in the same year, a surplus of $1.8 billion in favor of Indonesia.(*)
Director General for International Trade Affairs of the Ministry of Trade Iman Pambagyo said the two sides focused on eliminating constraints in the IP-PTA. "We are focusing on the existing PTA problems and are likely to increase the number of products in the agreement," Pambagyo said in a short message to ANTARA on Monday.
He added that after benefiting from the PTA cooperation scheme, the two sides will prepare a model to increase the PTA level to Trade in Goods Agreement or even to Comprehensive Economic Partnership Agreement.
Both countries made the efforts to reinforce their trade and investment relations during the second Joint Commission meeting to review the I-P-PTA, which was held on Feb 16 and 17, 2017, in Islamabad, Pakistan.
The two delegations discussed two important issues on obtaining bigger benefit from the IP-PTA and cooperation on trade and investment promotion.
Other issues discussed included Kinnow orange market access to Indonesia, disturbance of Indonesian oil palm products to Pakistan, Pakistans interest to supply Indonesia with white rice and Basmati rice, surgery equipment, and beef exports.
Indonesia raised the issue of high tariff on a number of Indonesian export products that it felt was too aggressive.
Since the imposition of the PTA in 2012, Indonesias exports to Pakistan increased sharply, while Pakistans exports to Indonesia declined.
Indonesias exports to Pakistan in 2015 stood at US$2 billion, while Pakistans exports to Indonesia were recorded at $174.5 million in the same year, a surplus of $1.8 billion in favor of Indonesia.(*)
https://www.antaranews.com/en/news/109552/ri-pakistan-to-focus-on-overcoming-pta-obstacles
Unilorin, ABUAD scientists partner to develop medicinal rice
By NAN | 20 February 2017 | 2:16 pm
Scientists at the University of Ilorin and their counterparts at Afe Babalola University, Ado-Ekiti (ABUAD), are finalising arrangements to develop an improved rice variety with medicinal potentials against cancer.
A report
in the University of Ilorin Bulletin on Monday stated that this was the outcome
of the collaboration between the two institutions for which a Memorandum of
Understanding (MoU) was signed on Feb. 2.
According
to the report, the N50 million project would be carried out over a four-year
period and expected to be funded from the National Research Fund of the Tertiary
Education Trust Fund (TET-Fund).
It said that the project was aimed at enhancing the well-being of rice farmers and improving the health conditions of consumers in the country.
“The
main research collaborators include Prof. Samuel Onasanya, Education Technology
and Training Expert, University of Ilorin; Dr Michael Awolola, Industrial
Chemist, University of Ilorin and Prof. Amos Onasanya, a Biochemist, Geneticist
and Molecular Plant Pathologist.
“Others
are ABUAD dons like Prof. Olarotimi Ojo, a Chemist, and Dr Phillip Okiki, an
Animal Health Expert, among others,’’ it said.
The
report quoted the Vice-Chancellor of Afe Babalola University, Prof. Michael
Ajisafe, as saying that the MoU with University of Ilorin was the 13th the
institution signed with other universities.
“ We are
happy to partner with Unilorin, which is the most peaceful university in the
country and we are sure that based on its antecedents, the partnership will
work,” he said.
It also
quoted the Deputy Vice-Chancellor, Research, Technology and Innovations,
University of Ilorin, as saying research collaboration was in pursuit of the
university’s sustained bid for all-round development of the nation’s education
system.“The country stands to gain a lot from it,” he said
Chinese Scientist Convicted Of Helping Smuggle Kansas-Bred Rice
Weiqiang Zhang was convicted of giving the
prorietary seeds to a Chinese delegation of scientists.
A Chinese
scientist has been convicted of conspiring to steal trade secrets by smuggling
rice seeds from a Kansas bioscience facility.
Listen
Listening...
0:47
Weiqiang
Zhang was a rice breeder for Ventria Bioscience in Junction City. The company had genetically
programmed rice to make several different human proteins, which can be
extracted for use in medicine and therapy. Ventria CEO Scott Deeter says its
valuable technology.
“We’ve
invested in our company about $85 million," Deeter says. "Now, we
primarily use rice, but it also could be used in corn, or sorghum or barley.”
Zhang hosted
visitors from a crop research institute in China at Ventria’s rice farm in
2013. Inspectors found some of the rice seeds in their luggage as they were
heading back to China.
Another
Chinese scientist and USDA researcher in Arkansas who had accompanied the
visitors to the Kansas rice farm plead guilty in October to making false
statements. He is awaiting sentencing.
Two crop scientists from China are accused
of trying to steal rice seed samples from a biopharmaceutical research facility
in Kansas. Federal charges have been filed against the two men in U.S. District
Court, in Kansas City, Kansas.http://kmuw.org/post/chinese-scientist-convicted-helping-smuggle-kansas-bred-rice
Country
has sufficient rice stocks - Minister Bathiudeen
Mon, Feb 20, 2017, 11:19 pm SL Time, ColomboPage News Desk, Sri Lanka.
Mon, Feb 20, 2017, 11:19 pm SL Time, ColomboPage News Desk, Sri Lanka.
Feb 20, Colombo: Minister of Industry and Commerce Rishad
Bathiudeen today reiterating that there was no shortage of rice in the country
said that a rice volume of 400,000 metric tons (MT) is available in the retail
market at present.Addressing media today (20th Feb.) at the Department of
Government Information, the Minister said that the recently reported rice
shortage was purposely created by an unscrupulous play within the system by
some parties and it was the reason to gazette the control prices.
Minister
Bathiudeen also asked not lay blame on the local rice millers for the crisis.Explaining
the presently developing scenario, Minister Bathiudeen said the country needs
200,000 MT of rice monthly and almost 400,000 MT rice volume is available in
the retail market system currently. The Cabinet of Ministers recently approved
to import 250,000 metric tons of rice to deal with this fake shortage and
86,000 metric tons out of that has already been imported. The tax on imported
rice was also reduced to facilitate the consumers.
"Therefore
there is really no shortages and the crisis is over. Still, there are supply
issues in the market. This is due to some form of planned manipulation of rice
market by certain interested parties," the Minister alleged.
Minister
Bathiudeen stressed that sellers and importers who do not release rice to the
consumers or who sell at higher prices are liable. They must display price
lists and imported rice cannot be sold as local rice, he said adding that two
teams from Consumer Affairs Authority (CAA) are specially working on checking
up on such switching manipulation.
He
said that CAA has conducted over 3000 raids since January and cases have been
filed on 1200 identified violations from these raids.
"We
also informed the importers to furnish all details of their imports, including
purchase costs and arrival dates of rice at Sri Lankan ports. We should not be
continuously blaming the local millers alone and should not make them to be
solely responsible for this crisis. It is the opportunistic traders and certain
others who are behind this crisis due to their exploiting nature," he
continued.
The
Minister said the country's rice buffer stock level is 100,000 MT and if
necessary, the government is ready to import new buffer stocks but is yet to
decide from which country to import.
According
to the latest gazette issued on 17th February, the Maximum Retail Price (MRP)
of one kilo of imported Nadu is Rs.72, imported Kekulu is Rs.70, and imported
Samba is Rs.80. Meanwhile, local Nadu is priced at Rs.80, local Kekulu is
Rs.78, and local Samba is Rs.90.
http://www.colombopage.com/archive_17A/Feb20_1487612995CH.php
Enzymes aid rice plants’ arsenic
defenses
Converting one
form of toxic element to another limits health dangers
12:08PM, FEBRUARY 19, 2017
DETOX Rice plants can convert
arsenic to a different form in their roots to push the toxic element back into
the soil.
BOSTON — Rooted in place, plants can’t run
away from arsenic-tainted soil — but they’re far from helpless. Scientists have
identified enzymes that help rice plant roots tame arsenic, converting it into
a form that can be pushed back into the soil. That leaves less of the toxic
element to spread into the plants’ grains, where it
can pose a health risk to humans, researchers reported February 17 at the
annual meeting of the American Association for the Advancement of
Science. Once arsenic worms its way into rice plant roots and gets into the vascular system, “it’s transported into the leaves and the grain,” David Salt, a biologist at the University of Nottingham in England who conducted the recent research, said during a news conference. Inside the plant, arsenic “can accumulate to levels where it can potentially be toxic if it accumulates over long times.”
Since arsenic occurs naturally in soil, understanding the genetic basis for plants’ natural defense mechanisms might help researchers engineer plants that take in less arsenic, said Mary Lou Guerinot, a biologist at Dartmouth College.
Rooting out trouble
Plants make HAC1 enzymes (shown in
green) in the outer cells of their roots, where the enzymes help the root cells
rid themselves of arsenic. Scientists looked at the enzyme’s distribution at
three different levels of the root — the tip, the growth zone, and the mature
part of the root that’s no longer growing.
S. SHI ET AL/PLANT PHYSIOLOGY 2016
Arsenic in the soil switches between
two different forms — ions with different electric charges. That form depends
on soil conditions, which in a rice field fluctuate between wetter and drier.
Plants are more likely to pull in arsenite from the soggy soil of a flooded
rice paddy, and arsenate when that soil dries out a bit. The plants use
different chemical mechanisms to take in and process the different arsenic
ions.In arsenate-rich soil, the ion sneaks into the outer layer of root cells
through specialized passageways, called transport channels, that normally carry
phosphate ions through root cell membranes. Transforming arsenate into arsenite
lets the roots push the element back into the soil through a process called
efflux, but scientists weren’t sure how the plant changed arsenic’s form.Salt’s
team found that rice plants without working genes for enzymes called HAC1;1 and
HAC1;2 couldn’t turn arsenate into arsenite. So more arsenate accumulated in
the plants’ shoots. When the scientists made HAC1;1 and HAC1;2 genes in other
rice plants produce more of the enzymes than usual, grains from those plants
had lower concentrations of any form of arsenic.
It’s just one defense of many, Salt said, and it’s not
bulletproof. Arsenate can still spread into plants’ vascular systems from the
roots via phosphate channels. When the soil is rich in arsenite, rice roots
take arsenite up through the same channels that take in silicon. Although
efflux is an efficient way for roots to get rid of arsenite, there’s a limit to
how quickly the cells can push the ion out.So to create rice plants that are better at dealing with arsenic, Salt and other scientists are looking not just at how roots push out arsenic once it gets in, but how they keep the toxin out to begin with. For example, engineering channels that are better at pulling in just phosphate or just silicon could lessen the amount of arsenic that co-opts those channels.
Since soil conditions in a rice field switch between dry and wet, plants need defense mechanisms for both forms of arsenic. “Once we know what forms the plant takes in and how it’s doing that, we’ll need a solution for arsenate and arsenite,” Guerinot says. “There’s no easy fix.”
https://www.sciencenews.org/article/enzymes-aid-rice-plants-arsenic-defenses
Tired of eating boiled rice everyday, policemen in
Sehwan complain
February
20, 2017
PAKISTAN
PAKISTAN
SEHWAN:
Meals for the Sindh Reserve Police stationed at Sehwan, following a suicide
attack which killed 88 last week, improved drastically after Geo News aired
news describing their deplorable condition. The policemen were given Murgh
Chola (chicken and chickpea curry) for lunch on Monday, a first in
several days.
Earlier,
personnel had complained of being served only boiled rice once in a day.
"[To satiate hunger] we ask locals for money to get food from the
hotels," another policeman had told Geo News. "After having
boiled rice every day, we are not being given a proper meal with roti and
chickpea curry," a policeman said.
The
personnel who have ulcer or diabetes had complained their health was
deteriorating, while even the healthy ones fear they might fall ill soon. At
least 150 personnel have left their home districts to ensure security in
Sehwan, but no one has made arrangements to provide them with basic
necessities.
After
arriving in the city after the blast at Lal Shahbaz Qalandar's shrine, the
personnel have been made to stay at Government Degree College Sehwan Sharif.
There they are made to sleep on mats spread on the floor and left to use
bathrooms that do not have running water. Not only are bathroom taps sans
water, the personnel do not even have access to potable water.
Besides,
the policemen have complained of being surrounded by a swarm of mosquitoes
when they go to rest in the deplorable living space they have been provided
with.
Moreover, as the college has
reopened after the weekend, the stay of personnel is hindering students.
While talking to Geo News, the principal, Ali Akbar, said students are not
comfortable attending classes with policemen on the premises. "The police
personnel's stay in the college is affecting studies."
https://www.geo.tv/latest/131721-Reserve-police-in-Sehwan-finally-given-proper-meals
ICRA: Delay in resumption of imports by Iran likely to hinder
recovery in Basmati rice exports from India
02/18/2017
| 05:01am EST
Delay in resumption of imports by Iran is likely to
hinder the recovery in Indian Basmati rice exports, says ICRA in its latest
update note on Indian Basmati rice industry. Delay in resumption of imports by Iran is likely to
hinder the recovery in Indian Basmati rice exports, says ICRA in its latest
update note on Indian Basmati rice industry. ICRA estimates this
as a temporary delay, considering Iran's insufficient domestic rice production and
depleting inventory levels to meet its demand.In ICRA's view, the price cap of $850/MT could pose further hurdles for the Basmati rice industry, given that during the current procurement season average Basmati paddy prices have been higher by 20-25%. Thus an inflow of orders from Iran, even after the import ban is lifted, remains to be seen.
According to Mr. Deepak Jotwani, Assistant Vice President, ICRA Ltd, "Iran is a major export destination for Indian Basmati rice and decline in demand from Iran has played a role in the declining realisations of exports from India - from $1298/MT in FY2014 to $784/MT in 8M FY2017."
Iran is amongst the major importers of Basmati rice from India. However, over the years, the Iranian Government has imposed a ban on import of Basmati rice from time to time, as per the movement in inventory held by its rice traders and also to safeguard the interests of its local farmers. Iran last imposed a ban on import of Basmati rice in July 2016. Given that the ban persisted against industry expectations, the Government of India (GoI) sent a trade delegation to Iran in January 2017 to resolve the issue.
Following this, it was expected that the import ban would be removed soon. While there has been no official notification from Iran, a group of large Basmati rice importers in Iran have recently capped the price of Basmati rice imports at $850/metric tonne (MT). In another adverse development for the industry, the US has recently imposed fresh trade sanctions on Iran, which restrains Iran's use of the US dollar for trade. These two developments have created uncertainty around the resumption of Basmati rice exports to Iran.
(c) 2017India Infoline Ltd. All rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers
http://www.4-traders.com/ICRA-LIMITED-9743626/news/ICRA-Delay-in-resumption-of-imports-by-Iran-likely-to-hinder-recovery-in-Basmati-rice-exports-from-23903669/
Price cap on basmati rice imports
by Iran worries Indian exporters
Industry expects substantial dip
in shipments
MUMBAI, FEBRUARY
19:
The delay in restart of basmati
rice imports by Iran and the new price cap of $850 a tonne could pose a major
challenge for exporters in India.Basmati rice prices have rallied by 20-25 per
cent since Iran announced to lift the five-month-old ban on imports from India
last month.
India exported 4.05 million tonne
(mt) of basmati rice last fiscal. Of this, one mt was to Iran. This year, the
industry expects overall exports to dip to 3.8 mt due to lower exports to Iran.
Deepak Jotwani, Assistant
Vice-President, ICRA, said, “Iran is a major export destination for Indian
basmati rice and a decline in demand from Iran has played a major role in
pulling down export realisation to $784 a tonne in the first eight months of
this fiscal against $1,298 a tonne in FY14.”
Iran’s strategy
Over the years, Iran has imposed
ban on basmati rice imports from time-to-time to reduce its inventory held by
its traders and safeguard the interests of its local farmers.
Iran last imposed a ban on
basmati rice imports in July 2016. The Union government had sent a trade
delegation to Iran in January to resolve the issue.
Following this, it was expected
that the import ban would be removed soon.
While there has been no official
notification from Iran, a group of large basmati rice importers in Iran have
recently capped the price of basmati rice at $850 a tonne.
In another adverse development
for the industry, the US has recently imposed fresh trade sanctions on Iran,
which restrains Iran from using dollar for trade.
These two developments have
created uncertainty around the resumption of basmati rice exports to Iran, said
Jotwani.
75% goes to West Asia
While basmati rice is consumed
across the globe, West Asian countries accounted for 75 per cent of Indian
basmati exports last fiscal. Within West Asia, Iran and Saudi Arabia are the
two largest buyers, together accounting for 40-50 per cent of total basmati
rice exports from India.
In the past, Iran had been placed
under economic sanctions by the US, Europe and the United Nations, following
which India started transacting in rupee through UCO Bank to facilitate trade
between India and Iran. This led to a surge in Indian basmati rice exports to
Iran.
(This article was published on February 19, 2017)
http://www.thehindubusinessline.com/economy/agri-business/price-cap-on-basmati-rice-imports-by-iran-worries-indian-
Indian
Garri: Is Nigeria – The World’s Largest Cassava Producer Actually Importing
Garri?
Post by Iheoma Hendy February 20, 2017
Nigeria has reportedly begun
importing garri from India into its local markets despite being the world’s
largest producer of cassava.
This development has sparked outrage
among Nigerians after a lady, Ronke Aderionoye, allegedly spotted a pack of
garri imported from India in a Nigeria store, given how surplus garri is in the
country.
Last year, Minister of Agriculture
and Rural Development, Mr Audu Ogbeh, had announced that more than 35 improved
varieties of cassava had been developed and registered in Nigeria, declaring
the country the largest producer of cassava in the world with an annual output
of 45 million metric tons.
See Also: FG To Ban Okada
Nationwide, Fayose Kicks Against Move
There was a ban on importation of
cassava flour in 2012, but it was eventually lifted and a duty fee of 50%
imposed on cassava products importation.
This may be attributed to the fact
that the National Agency for Food and Drug Administration and Control (NAFDAC)
is not favourable to manufacturers in Nigeria, who find it difficult to get
NAFDAC approval on products while the same agency allegedly accept bribes from
foreign manufacturers to import substandard products into the country. In meantime, the Senior Special Assistant to the President on Media
and Publicity, Malam Garba Shehu, has said that Nigeria has become the second
largest producer of rice in the world.
While
speaking on the efforts of President Muhammadu Buhari to restructure the
economy, Garba said no country will develop when it imports virtually
everything, including tooth pick and tissue paper. In his words;
“All
the food we eat in this country was being imported. So, all of the money earned
was just going to buy food. But as I speak to you now, Nigeria just achieved
the record of the second largest producer of rice in the world.
“The
rice revolution just started a year ago. Some of you from Nasarawa know the
kind of things going on there. A newspaper did an investigation in Kebbi and
they found out that there were 48,000 new millionaires in Kebbi state alone
last year for growing rice.”
Shehu
stressed that Nigeria’s over reliance on oil has killed the country and cannot
be continued. According to him, the diversification of the economy means more
money will be in the hands of ordinary Nigerians and there will be widespread
prosperity all over the country.
Meanwhile,
statistics from the Federal Ministry of Agriculture and Rural Development
(FMARD) estimates that rice demand in Nigeria reached 6.3 million metric tons
in 2015, with only 2.3 million MT of that demand satisfied by local production.
This local production shortfall leaves a gap of 4.0 million MT, which is
currently being filled through formal importation of rice, or illegal imports
over land borders.
Due
to the current economic crisis, domestic prices for agro-commodities have risen
dramatically over the last 12 months, making local agriculture an attractive
investment.
Dangote
Rice Limited, a subsidiary of Dangote Group, seeks to take advantage of this
economic trend and the favourable policies laid out in FMARD’s Agricultural
Transformation Agenda.
Consequently,
Dangote Rice, has launched the rice out-grower scheme in Sokoto, which
currently comprises of plans to build a multi-million naira, 25,000 hectare
rice mill in Nigeria by the end of 2017.
President
of the Group, Aliko Dangote stated that the project will begin with 500 hectares
of farmland by Gonroyo dam. The company plans to operate out-grower schemes in
14 states, with the hopes that it will empower local farmers, create job
opportunities for community dwellers and reduce migration to the cities.
At
the flag off ceremony, seedlings were given to the primary local farmers, who
will in turn plant the seed, then Dangote Rice company will purchase crops from
them for milling and final processing.
By
year-end 2017, Dangote Rice plans to produce 225,000 MT of parboiled, milled
white rice. This will allow it to satisfy four percent of the total market
demand within one year. The group’s model can then be successfully scaled to
produce 1,000,000 MT of milled rice in order to satisfy 16 percent of the
domestic market demand for rice over the next five years.
Read
Also: National Debt – Nigeria Wallow In Debt, Amount Escalates To $57.39bn
Dangote
Rice will establish raw material reception, drying, hulling, parboiling units
and silos in strategic areas throughout the country near our additional
outgrower communities. Each site will store dried, hulled, parboiled bran rice.
DRL will then transport this bran rice to a mill, where finished rice will be
produced.
buzznigeria.com
Industrial,
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The Market Reports
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Category: Market Research Publishers and RetailersCompany profile: The Market Reports aims to provide the best industry and market reports to a seeker. We are looking forward to a place where we are the one stop destination for all the report seekers irrespective of any country, category, domain, etc. We are always open on call and email (24*7) to your queries and very clean with the business methodology. Since we are dealing with so many Publishers, we can actually give you what suits best in accordance to your requirements.
For more information:
VietNamNet Bridge - Experts believe that
Vietnam should focus on producing high-quality rice instead of striving to earn
money from selling low-cost rice products.
Soon after Vietnam began harvesting the 2016-2017 winter-spring crop, the Thai government announced it planned to sell all its stockpiled rice – estimated at 8 million tons – in the first half of 2017.
According to Nguyen Van Don, director of the Tien Giang-based Viet Hung Company, on the first days of 2017, the sales were relatively satisfactory with many big contracts signed. However, in recent days no contracts have been signed.
Don attributed this to the increase in domestic and export prices compared with pre-Tet days. Meanwhile, the Thai government’s announcement has also affected demand.
Dang Thi Lien from Long An Food & Foodstuff Company said Vietnam’s 5 percent and 15 percent broken rice is being offered at prices higher by $5-10 per ton than the same kind of Thailand.
In order to compete with the Thais, Vietnamese exporters have had to lower the selling prices. However, they would incur losses because the domestic price is on the rise.
Low prices won’t be
the ‘weapon’ for Vietnam to compete with Thailand in the world market,
especially in Africa and China, which favor low-cost products.
|
This
means that low prices won’t be the ‘weapon’ for Vietnam to compete with
Thailand in the world market, especially in Africa and China, which favor
low-cost products.
Huynh The Nang, chair of the Vietnam Food Association (VFA), commented that Vietnam has to cede its market share to Thailand in some markets which have demand for white rice because it cannot compete with Thailand in prices.
Vietnam, for example, can only try to increase the export of fragrant rice to Africa, while the white rice market segment has been dominated by Thai rice.
“The Thai decision to sell stockpiled rice will have adverse effects on Vietnam’s export,” Nang said, adding that the thevexport market would only recover once the rice is sold out.
In such conditions, VFA said it was going to propose to the government to kick off a plan on buying rice from farmers for stockpile. However, enterprises said it would be better to listen to the news before making a decision.
Vo Truong Giang from Angimex warned that the rice price won’t decrease considerably this year because of the forecasted low yield. In general, farmers can get 0.7-0.8 tons of paddy from every 1,000 square meters. However, the yield may be 30 percent lower this year.
With the low yield of the crop, he does not think the collection for storage needs to be done now.
In the context of slow sales, experts believe that Vietnam would rather gather strength to compete with rivals in the high-end market segment. China, South Korea, Singapore and the EU have high demand for high-end products
Huynh The Nang, chair of the Vietnam Food Association (VFA), commented that Vietnam has to cede its market share to Thailand in some markets which have demand for white rice because it cannot compete with Thailand in prices.
Vietnam, for example, can only try to increase the export of fragrant rice to Africa, while the white rice market segment has been dominated by Thai rice.
“The Thai decision to sell stockpiled rice will have adverse effects on Vietnam’s export,” Nang said, adding that the thevexport market would only recover once the rice is sold out.
In such conditions, VFA said it was going to propose to the government to kick off a plan on buying rice from farmers for stockpile. However, enterprises said it would be better to listen to the news before making a decision.
Vo Truong Giang from Angimex warned that the rice price won’t decrease considerably this year because of the forecasted low yield. In general, farmers can get 0.7-0.8 tons of paddy from every 1,000 square meters. However, the yield may be 30 percent lower this year.
With the low yield of the crop, he does not think the collection for storage needs to be done now.
In the context of slow sales, experts believe that Vietnam would rather gather strength to compete with rivals in the high-end market segment. China, South Korea, Singapore and the EU have high demand for high-end products
http://english.vietnamnet.vn/fms/business/172773/opportunities-exist-for-rice-exports-in-high-end-market.html
Over
200,000 metric tonnes of rice to be imported to address shortage
Feb 18, 2017
________________________________________
The
National Movement for Consumer Rights Protection says , selling local and
imported rice at two different prices will only create more complications for
the consumers.
The
movement adds that imposing two separate controlled prices will have a direct
impact on the quality of rice that enters the market.
At
a meeting held recently, rice producers proposed the implementation of two
controlled prices for local and imported rice.
Considering
the decisions made by the Cabinet Sub-committee on the Cost of Living – the
Consumer Affairs Authority published a gazette with the new prices.
According
to the new control prices that came into effect from midnight yesterday, the
MRP for a kilogramme of imported Nadu Rice will be Rs. 72. while the MRP for a
kilogramme of local Nadu Rice will be Rs. 80.
The
Maximum Retail Price for a kilogramme of imported Kekulu Rice will be Rs. 70/-
while the MRP for a kilogramme of local Kekulu Rice will be Rs. 78.
The
MRP for a kilogramme of imported Samba Rice will be Rs. 80 and for local Samba
Rice the MRP will be Rs. 90.
Today
the National Movement for Consumer Rights Protection inspected several
locations in Colombo to inquire in to the quality of rice available in the
market.
Traders
claim that even though a new controlled price has been introduced, they cannot
sell locally produced rice for those prices.
The
Essential Commodities Importers & Traders Association also echoes that two
control prices will not benefit the consumers at all.
Essential
Commodities Importers & Traders Association believes that when consumers
purchase rice in the market, they can only differentiate the local rice from
the imported rice from the bag that contains rice and in this backdrop, the MRP
for local rice is higher than the MRP for imported rice.
According
to the Essential Commodities Importers and Traders Association the distribution
of rice lies with the local mills and there are around 204,000 small shops
across the country that import goods therefore the MRP for local rice is
“extremely high.”
Large
scale mills are exerting pressure on the government therefore the government
decided to make amends to the MRP, according to the All Ceylon Peasants
Federation.
Chairman
of the Federation added that the government imposed a separate MRP for imported
rice and another MRP for locally produced rice but there are rice stocks in the
country.
The
Ministry of Industry and Commerce says there is no shortage of rice in the
country.
It
adds that the monthly rice consumption of the country is 200,000 metric tonnes
and there is 600,000 metric tonnes of rice currently in the country which would
suffice for the next three months.
The
Ministry also goes on to note that imported rice stocks are still reaching the
country in order to enforce the Control Price and ensure a streamlined
distribution.
The
Ministry also said that Cabinet has approved the importation of rice through
Sathosa which would result in rice being sold for a much lesser price.
Minister of Rural Economic
Affairs,P. Harrison pointed out that there is a issue among the traders because
of the locally produced rice and the imported rice and this issue will be
resolved in the coming days.He added that the controlled Price
was introduced last night and there is a good price for the locally produced
rice in the country.The minister further noted that Sathosa will import 100,000
metric tonnes of rice or more in the future and importers have been granted
permission for 250,000 metric tonnes of rice and a portion of that has reached
the country with rest expected to reach port in the coming weeks and locally
produced rice will also reach markets
http://newsfirst.lk/english/2017/02/162018/162018
Paddy farmers hope for bumper
crop
HYDERABAD: FEBRUARY 19, 2017
07:36 IST
Farmers cultivating paddy in
Telangana are set to overcome the loss suffered in kharif due to insufficient
rains in the first half of 2016-2017, as they have taken up cultivation of the
major food crop in second highest area this rabi (yaasangi) season in the last
five years.
Prolonged dry spell during the
crucial stages of crop cultivation twice during monsoons has not only affected
the extent of cultivation but also its yield. However, with favourable
conditions like ample water in irrigation projects, minor irrigation sources,
improved groundwater table, and nine-hour power supply to the agriculture
sector, the farmers were expecting a bumper yield this season.
“Cultivation of paddy on nearly
six lakh hectares this yaasangi are also dispelling apprehensions of whether
there would be enough procurement of paddy to meet the requirement of rice
needed for welfare schemes such as public distribution system, supply of super
fine variety rice to school and college hostels, and the mid-day meal scheme,”
a senior official of the Agriculture Department told The Hindu.
Based on the increasing demand
for energy from the agriculture sector, the Energy Department was estimating
that that cultivation of paddy could have been taken up on nearly eight lakh
hectares. “On our part, we are prepared to meet the demand from the farm sector
as the total demand has been ranging between 150 to 170 million units (MU) a
day for over a month now,” a TS-Transco official stated.
Considering the plans of the
Irrigation Department to give water to about 22.35 lakh acres (8.94 lakh
hectares) this season under major irrigation sources and estimates of
cultivation of another 7.11 lakh acres (2.84 lakh hectares) under minor
irrigation sources, the cultivation during rabi could be in over 12 lakh
hectares with three-fourths of it covered by paddy.
Minister for Irrigation T. Harish
Rao recently stated that they were expecting about 30 lakh tonnes of paddy
production this yaasangi season, indicating that the actual cultivation of the
food crop could be much higher than the statistics of the Agriculture
Department
http://www.thehindu.com/news/cities/Hyderabad/paddy-farmers-hope-for-bumper-crop/article17328829.ece
Price cap on basmati rice imports
by Iran worries Indian exporters
Industry expects substantial dip in shipments
MUMBAI,
FEBRUARY 19:
The delay in restart of basmati
rice imports by Iran and the new price cap of $850 a tonne could pose a major
challenge for exporters in India.Basmati rice prices have rallied by 20-25 per
cent since Iran announced to lift the five-month-old ban on imports from India
last month.
India exported 4.05 million tonne
(mt) of basmati rice last fiscal. Of this, one mt was to Iran. This year, the
industry expects overall exports to dip to 3.8 mt due to lower exports to Iran.
Deepak Jotwani, Assistant
Vice-President, ICRA, said, “Iran is a major export destination for Indian
basmati rice and a decline in demand from Iran has played a major role in
pulling down export realisation to $784 a tonne in the first eight months of
this fiscal against $1,298 a tonne in FY14.”
Iran’s strategy
Over the years, Iran has imposed
ban on basmati rice imports from time-to-time to reduce its inventory held by
its traders and safeguard the interests of its local farmers.
Iran last imposed a ban on
basmati rice imports in July 2016. The Union government had sent a trade
delegation to Iran in January to resolve the issue.
Following this, it was expected
that the import ban would be removed soon.
While there has been no official
notification from Iran, a group of large basmati rice importers in Iran have
recently capped the price of basmati rice at $850 a tonne.
In another adverse development
for the industry, the US has recently imposed fresh trade sanctions on Iran,
which restrains Iran from using dollar for trade.
These two developments have
created uncertainty around the resumption of basmati rice exports to Iran, said
Jotwani.
75% goes to West Asia
While basmati rice is consumed
across the globe, West Asian countries accounted for 75 per cent of Indian
basmati exports last fiscal. Within West Asia, Iran and Saudi Arabia are the
two largest buyers, together accounting for 40-50 per cent of total basmati
rice exports from India.
In the past, Iran had been placed
under economic sanctions by the US, Europe and the United Nations, following
which India started transacting in rupee through UCO Bank to facilitate trade
between India and Iran. This led to a surge in Indian basmati rice exports to
Iran.
http://www.thehindubusinessline.com/economy/agri-business/price-cap-on-basmati-rice-imports-by-iran-worries-indian-exporters/article9550665.ece
Rabi sees rise in area under paddy cultivation
THE HANS INDIA |
Feb 20,2017 , 03:34 AM IST
.
Hyderabad:
The rabi season has witnessed a four-fold increase in area under paddy
cultivation following good monsoon. It has gone up from 1.63 lakh hectares in
2015-16 to 5.48 lakh hectares in 2016-17, according to the latest figures
available with the Agriculture Department.
“Bountiful
rains filled the projects in most of the districts. Tanks also are brimming
with good amount of water, contributing to increase in groundwater levels and
resulting in increasing the area under cultivation during this season. When
compared to previous year, there is an increase of 103 per cent in terms of
area sown,” said official sources.
Comparatively,
the Kharif of 2016 saw drought and delayed rainfall resulting in only 7.31 lakh
hectares of area sown as against the 9.86 lakh hectares normally sown during
Kharif.Amongst the other crops which saw an increase in area under cultivation
are maize, Bengal gram, black gram, groundnut and chillies. Maize saw a sowing
area of 93 percent (1.51 lakh hectares) as against the normal (1.63 lakh
hectares). During the previous year, it recorded only 1.05 lakh hectares.
Bengal gram saw a tremendous increase of 158
per cent with 1.39 lakh hectares sown this season. During the previous year it
was only 1.17 lakh hectares. While ground nut saw 95 percent (season’s normal
1.52 lakh hectares) with 1.45 areas sown compared to 1.08 lakh hectares during
the previous year. While on the other hand wheat continues to be a low priority
crop in the State, as the area sown has further come down.
This
Rabi only 0.02 lakh hectares of wheat was sown while normally the sown area of
wheat is about 0.06 lakh hectares
http://www.thehansindia.com/posts/index/Telangana/2017-02-20/Rabi-sees-rise-in-area-under-paddy-cultivation/281971
Kazakhstan produced 9% more rice in 2016
20.02.2017
According to the Statistics Committee of Kazakhstan, the country produced 19.05 KMT of
half-husked and husked rice in December 2016, or up 20.7% from December 2015
(15.78 KMT).In 2016, Kazakh rice groats production was up 9.2% year-on-year at
164.55 KMT, reports UkrAgroConsult.
In addition, noteworthy is that Kazakh farmers harvested
447.8 KMT of rice in finished weight in 2016 that was 6.1% above the 2015
total harvest.
Rice
production to go up 49%
Government
has set an ambitious target to increase rice production by a whopping 49% just
this year as a measure to reduce rice imports to save the economy foreign
exchange. As at the end of 2016, Ghana’s rice production stands at 687,680
metric tonnes, according to figures from the Ministry of Food and Agriculture
(MoFA).
1,025,180 metric tonnes to be produced in 2017
Therefore, plans to increase production by 49% this year means an addition of 337,500 metric tonnes which will put total production this year to a little over one million (1,025,180) metric tonnes.Production to increase by 337,500 metric tonnes this year
The 337,500 metric tonnes increase expected this year is estimated to translate into GH¢371.2million (GH¢371,250,000) as value of this additional production.This will also create some 226,800 direct and indirect employment comprising 32,400 direct jobs, 194,400 indirect jobs.
$1billion rice imported in 2015
As at end of 2015, figures indicate that government spent $1billion on the import of rice.Minister for Food and Agric, Dr. Owusu Afriyie Akoto, said the rice production target is one of the five crops this year under the ‘Planting for food and jobs’, campaign to be launched in April, this year, to turn farmlands and backyards into a huge food basket that is expected to cut down the country’s food import bill drastically.
5,625 metric tonnes of improved seeds
To achieve this target, 5,625 metric tonnes of improved seeds would be required at a cost of GH¢22,921,875 with the unit price of seed being GH¢163.
Flexible arrangement arrangements
The sector minister explained that the seeds would be provided to the farmers at a significantly reduced cost under flexible arrangement arrangements in which farmers would make 50% upfront payment and pay the rest after harvest.
Fertilizer requirement
The rice farms need 28,125 metric tonnes (562,500 bags) of NPK fertilisers at a unit price of GHc85 per bag making the total cost GH¢47.8million (GHc47,812,500).
In addition, 14,062.5 metric tonnes (281250 bags) of Urea/SA fertilisers at a unit price of GH¢80 per bag which amounts to GH¢22.5million (GH¢22,500,000).
Dr. Afriyie Akoto stated that the success of the Akufo-Addo government is largely linked to the success of the agriculture sector.
In this light, he said “Planting for food and jobs” is modelled on the highly successful ‘Operation Feed Yourself’ programme of the 1970s.
He explained that this year, 200,000 farmers are being selected nationwide and individuals willing to cultivate vegetables and other crops in their backyard would also participate.
Already, district and regional directors of agriculture have been directed to develop criteria for the selection of the farmers who would be supported with farm inputs and extension services in this year’s programme.
This year, maize, rice, soybean, sorghum and vegetables, including tomato, onion and pepper, are the five main crops for concentration
GH¢560m investment
The government has budgeted a little over GH¢560 million to cater for the five pillars of the campaign — seeds, fertiliser, extension services, marketing and e-fertiliser.
Breakdown of GH¢560m investment
According to the breakdown of the budget, GH¢74.7 million will go into the provision of seeds, GH¢238.7 million for fertiliser, GH¢32 million for extension services, GH¢200 million for marketing and GH¢15 for e-agriculture and monitoring.
Apart from the hundreds of jobs it is expected to create, the campaign is also expected to guarantee food security, provide cheap food for the urban areas, raw materials for the livestock and the industrial sectors and surplus produce for export to the ECOWAS sub-region
1,025,180 metric tonnes to be produced in 2017
Therefore, plans to increase production by 49% this year means an addition of 337,500 metric tonnes which will put total production this year to a little over one million (1,025,180) metric tonnes.Production to increase by 337,500 metric tonnes this year
The 337,500 metric tonnes increase expected this year is estimated to translate into GH¢371.2million (GH¢371,250,000) as value of this additional production.This will also create some 226,800 direct and indirect employment comprising 32,400 direct jobs, 194,400 indirect jobs.
$1billion rice imported in 2015
As at end of 2015, figures indicate that government spent $1billion on the import of rice.Minister for Food and Agric, Dr. Owusu Afriyie Akoto, said the rice production target is one of the five crops this year under the ‘Planting for food and jobs’, campaign to be launched in April, this year, to turn farmlands and backyards into a huge food basket that is expected to cut down the country’s food import bill drastically.
5,625 metric tonnes of improved seeds
To achieve this target, 5,625 metric tonnes of improved seeds would be required at a cost of GH¢22,921,875 with the unit price of seed being GH¢163.
Flexible arrangement arrangements
The sector minister explained that the seeds would be provided to the farmers at a significantly reduced cost under flexible arrangement arrangements in which farmers would make 50% upfront payment and pay the rest after harvest.
Fertilizer requirement
The rice farms need 28,125 metric tonnes (562,500 bags) of NPK fertilisers at a unit price of GHc85 per bag making the total cost GH¢47.8million (GHc47,812,500).
In addition, 14,062.5 metric tonnes (281250 bags) of Urea/SA fertilisers at a unit price of GH¢80 per bag which amounts to GH¢22.5million (GH¢22,500,000).
Dr. Afriyie Akoto stated that the success of the Akufo-Addo government is largely linked to the success of the agriculture sector.
In this light, he said “Planting for food and jobs” is modelled on the highly successful ‘Operation Feed Yourself’ programme of the 1970s.
He explained that this year, 200,000 farmers are being selected nationwide and individuals willing to cultivate vegetables and other crops in their backyard would also participate.
Already, district and regional directors of agriculture have been directed to develop criteria for the selection of the farmers who would be supported with farm inputs and extension services in this year’s programme.
This year, maize, rice, soybean, sorghum and vegetables, including tomato, onion and pepper, are the five main crops for concentration
GH¢560m investment
The government has budgeted a little over GH¢560 million to cater for the five pillars of the campaign — seeds, fertiliser, extension services, marketing and e-fertiliser.
Breakdown of GH¢560m investment
According to the breakdown of the budget, GH¢74.7 million will go into the provision of seeds, GH¢238.7 million for fertiliser, GH¢32 million for extension services, GH¢200 million for marketing and GH¢15 for e-agriculture and monitoring.
Apart from the hundreds of jobs it is expected to create, the campaign is also expected to guarantee food security, provide cheap food for the urban areas, raw materials for the livestock and the industrial sectors and surplus produce for export to the ECOWAS sub-region
http://www.ghanaweb.com/GhanaHomePage/business/Rice-production-to-go-up-49-511805
Opportunities
exist for rice exports in high-end market
VietNamNet
Bridge - Experts believe that Vietnam should focus on producing high-quality
rice instead of striving to earn money from selling low-cost rice products.
Soon after Vietnam began harvesting the 2016-2017 winter-spring crop, the Thai government announced it planned to sell all its stockpiled rice – estimated at 8 million tons – in the first half of 2017.According to Nguyen Van Don, director of the Tien Giang-based Viet Hung Company, on the first days of 2017, the sales were relatively satisfactory with many big contracts signed. However, in recent days no contracts have been signed.
Don attributed this to the increase in domestic and export prices compared with pre-Tet days. Meanwhile, the Thai government’s announcement has also affected demand.
Dang Thi Lien from Long An Food & Foodstuff Company said Vietnam’s 5 percent and 15 percent broken rice is being offered at prices higher by $5-10 per ton than the same kind of Thailand.
In order to compete with the Thais, Vietnamese exporters have had to lower the selling prices. However, they would incur losses because the domestic price is on the rise.
Low prices won’t be
the ‘weapon’ for Vietnam to compete with Thailand in the world market,
especially in Africa and China, which favor low-cost products.
|
This
means that low prices won’t be the ‘weapon’ for Vietnam to compete with
Thailand in the world market, especially in Africa and China, which favor
low-cost products.
Huynh The Nang, chair of the Vietnam Food Association (VFA), commented that Vietnam has to cede its market share to Thailand in some markets which have demand for white rice because it cannot compete with Thailand in prices.
Vietnam, for example, can only try to increase the export of fragrant rice to Africa, while the white rice market segment has been dominated by Thai rice.
“The Thai decision to sell stockpiled rice will have adverse effects on Vietnam’s export,” Nang said, adding that the thevexport market would only recover once the rice is sold out.
In such conditions, VFA said it was going to propose to the government to kick off a plan on buying rice from farmers for stockpile. However, enterprises said it would be better to listen to the news before making a decision.
Vo Truong Giang from Angimex warned that the rice price won’t decrease considerably this year because of the forecasted low yield. In general, farmers can get 0.7-0.8 tons of paddy from every 1,000 square meters. However, the yield may be 30 percent lower this year.
With the low yield of the crop, he does not think the collection for storage needs to be done now.
In the context of slow sales, experts believe that Vietnam would rather gather strength to compete with rivals in the high-end market segment. China, South Korea, Singapore and the EU have high demand for high-end products.
Huynh The Nang, chair of the Vietnam Food Association (VFA), commented that Vietnam has to cede its market share to Thailand in some markets which have demand for white rice because it cannot compete with Thailand in prices.
Vietnam, for example, can only try to increase the export of fragrant rice to Africa, while the white rice market segment has been dominated by Thai rice.
“The Thai decision to sell stockpiled rice will have adverse effects on Vietnam’s export,” Nang said, adding that the thevexport market would only recover once the rice is sold out.
In such conditions, VFA said it was going to propose to the government to kick off a plan on buying rice from farmers for stockpile. However, enterprises said it would be better to listen to the news before making a decision.
Vo Truong Giang from Angimex warned that the rice price won’t decrease considerably this year because of the forecasted low yield. In general, farmers can get 0.7-0.8 tons of paddy from every 1,000 square meters. However, the yield may be 30 percent lower this year.
With the low yield of the crop, he does not think the collection for storage needs to be done now.
In the context of slow sales, experts believe that Vietnam would rather gather strength to compete with rivals in the high-end market segment. China, South Korea, Singapore and the EU have high demand for high-end products.
http://english.vietnamnet.vn/fms/business/172773/opportunities-exist-for-rice-exports-in-high-end-market.html