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19th January,2018 daily global regional local rice enewsletter
Matco’s IPO book building from 23rd
KARACHI: Matco Foods Limited, a country’s leading rice exporter
and processor, will hold the book building for its initial public offer (IPO)
on January 23 and 24, a consultant’s statement said on Wednesday.
Arif Habib Limited, the issue’s consultant, said the issue
consists of 29.143 million ordinary shares, accounting for 25 percent of the
post issued paid-up capital of the company.
The entire issue will be offered through book building at a floor
price of Rs26/share. Initially, 75 percent of the issue size or 21.857 million
shares will be allotted to successful bidders and 25 percent of the issue or
7.286 million shares will be offered to retail investors at the strike price
during the two-day general subscription starting from January 29.
Analyst Ahsan Mehanti at Arif Habib Corp said political
uncertainty poses risk to the IPO. But, he hoped that the offer would
completely be subscribed. “The political environment on the day of book
building would determine whether the strike price would be any higher than the
floor price of Rs26/share,” Mehanti added. “Even at Rs26 the share offers an
attractive price earning multiple and we expect the share would appreciate by
approximately 40 percent after it opens for trading at the bourse.”
Matco Foods Limited, Pakistan’s leading exporter of basmati rice,
reaches over 60 countries around the world.
The company’s flagship brand Falak Basmati is prominent in more
than 40 countries, through an extensive network of distributors
internationally.
Matco has recently diversified its operation to specialised products:
rice glucose and rice protein. The company has a production capacity of 10,000
million tons/year for rice glucose and 1,000 million tons of rice protein/year.
The plants are operational.
It is very well known that cooking
rice in a pressure cooker reduces cooking time by half. What about the
cooking result? Users told us that rice cooked in Instant Pot is softer,
stickier and tasted better. We want to find out what scientists say about
this. It turns out that there are quite a few scientific research
projects on this subject.
After an intense research on the
quality of the food that is cooked in the electric cooker, the research found
that the starch gelatinization, a change of structure into a form that
resembles gelatin, improves digestibility. Pressure cooking rice, grains, and
beans produce positive nutritional gain, from the increased digestibility of
the macronutrients (protein, fiber, and starch) and the increased
bioavailability of the essential minerals.
On a further technical note, the
Rice, if not stored properly, may carry fungal poisons called aflatoxins, a
potent trigger of liver cancer. A survey found that 6% of uncooked rice
collected from markets in Seoul contained aflatoxins. Conventional boiling and
steaming rice at under 100°C (212°F) are not sufficient to kill all
aflatoxins. A study had shown that pressure cooking at higher than
100°C (212°F) was capable of reducing aflatoxin concentrations to safe levels.
Despite all this, there is a flaw
and if taken into account, it is a serious issue. As the body/ container of the
cooker is actually an aluminum vessel, the food inside it turns into poison,
says surveys. If this is taken seriously, it is better to prefer the
traditional methods to cook rice, moreover, there’s no doubt in believing that
the pot methods are absolutely healthy and good in all aspects.
After all, despite the taste,
texture and other aspects, health is the top of everything and if we have to
take proper measures in this, it is suggestable to proceed with the best rice
cookers available in today’s market.
Indonesian Trade Minister Enggartiasto Lukita defends the
government's decision to import rice so close to the local harvest season in a
parliamentary hearing on Thursday (18/01). (Antara Photo/Akbar Nugroho Gumay)
Jakarta. Indonesia's House of Representatives on Thursday (18/01)
questioned the government's decision to import rice so close to the
local harvest season, which is expected to bring in Rp 1.5 trillion — around
$105 million — in profit for importers.
The government has ordered
national procurement agency Bulog to import 500,000 tons of medium quality rice
by the end of January to boost the country’s stockpile.
Bulog has started an auction on
its website to search for suppliers from rice-producing countries, including
India, Pakistan, Thailand and Vietnam.
Bidding will start on Jan. 19, and the letter of credit on the
import is expected to be released on Jan. 22.
But lawmakers pointed out there
will be a huge gap between the prices of local and imported rice, which
will result in a huge windfall of profit for importers that win the Bulog
contract.
Rieke Diah Pitaloka, a lawmaker
from Indonesia’s ruling party the Indonesian Democratic Party of Struggle,
said she estimated a total profit of at least Rp 1.5 trillion
for Bulog and the importers, assuming a Rp 3,000 price gap per kilogram
between imported rice and the recommended retail price for local rice of Rp
9,450 per kg.
Medium quality rice
was offered at $415-$420 per metric ton last week in Thailand — the
world's second-biggest rice exporter — up from $395-$410, according to a report
from Reuters.
"As long there is no clarity
on who will exactly benefit from this [rice import], I will continue to oppose
it," Rieke said in a hearing between the government and the
House's Commission VI, which oversees industry, investment and state-owned
enterprises.
Trade Minister Enggartiasto
Lukita, Bulog chairman Djarot Kusumayakti and Indonesian Trading Agency (PPI)
chairman Agus Andriyani were also present in the hearing.
Rieke pointed out the potential
huge windfall for importers stands in stark contrast to Bulog’s limited ability
to buy rice from local farmers.
The agency only bought 42
percent of the country's total rice harvest yield during the major harvest
season last year, far below its target of 70 percent.
"Bulog has to be audited...
the real problem is their inability to buy rice from local farmers, not lack of
stock," she said.
The commission will form an
investigation team to supervise the rice import, which is expected to arrive in
Indonesia starting in the first week of February to avoid clashing with the
local rice harvest season.
"The team will dig into data
reported from ministries and agencies," the commission's chairman Teguh
Juwarno told reporters.
The make-up of the investigation
team will be decided next week, he said.
Minister's Defense
Trade Minister Enggartiasto
Lukita welcomed the commission's plan to investigate discrepancies in the
country's rice import data. "I also suggested [the lawmakers should
establish] a monitoring team to help supervise the import," he said.
The minister did
nevertheless defend the government's decision to import rice so close to a
harvest season. "The price of rice keeps rising since the beginning of the
year. We don’t want to risk a supply shortage," Enggartiasto said
in the hearing.
Trade ministry data released
on Jan. 17 showed the country’s rice stock held by Bulog was at 854,947 tons,
including a reserve of 134,646 tons.
Meanwhile, from Dec. 31 to Jan.
17 the government on average released 8,902 tons of rice every day to the
market.
This means a total of 462,918
tons will have to be distributed between Jan. 13 and March 31.
The remaining rice stock on March
31 is therefore estimated at 142,029 tons.
According to data from the
Agriculture Ministry, total rice consumption this year is estimated to be 33.8
million tons. Last year its was 30.65 million tons. Each Indonesian consumed on
average 117 kilograms of rice last year.
Ayade Rice:
Cross River APC questions Ayade’s integrity
* APC are black market liars –
state government
By ANIEKAN ANIEKAN
The Cross River State Chapter of
the All Progressives Congress (APC) have called to question the integrity of
the state governor, Professor Ben Ayade following the recent launch of his
personal rice project, Ayade Rice, which, according to him, was produced and
packaged in Ogoja.
It would be recalled that the
state governor, Professor Ben Ayade recently launched a new rice in the state
named Ayade Rice, which he hopes would help shore up the state’s economy.
During its unveiling last Thursday, January 11, members of the state executive
council and the political class made commitments to purchase thousands of bags.
But speaking in Calabar, the All
Progressives Congress (APC), Cross River State chapter accused Governor Ben
Ayade of playing with the intelligence of the public, describing the recent
unveiling of some bags by the governor was “fraudulent.”
Mens Ikpeme, the State Publicity
of the party in a statement berated the governor for misleading the public,
accusing him of selling smuggled rice from neighbouring countries to the
public.
He said investigation by his
party revealed that several trucks carrying rice were impounded by the Nigerian
Customs Service, which the governor imported into the state.
“A fraudulent fake rice factory
in the state powered through smuggled rice from neighboring countries is his
newest fraudulent act. Using same landed property as a facade to re-bag and
rebrand smuggled rice which he named after himself to deceive the entire people
of the State.
“His (Ayade’s) several trucks
with thousands of bags of rice smuggled into the State were apprehended and
impounded by the Nigerian Customs and Excise. This is a commodity banned by the
Federal Government of Nigeria.
“Cross River State Rice Production And Packaging Farm has seen Governor Ayade’s
numerous inconsistent wonder projects setting Cross River State in consistent
fraudulent bad picture.”
“His idea of dredging Calabar Sea
Port, still fresh in our minds, was an alarming fraud. His claim to have
financiers who were ready to invest 500 million Euros for same purpose was a
lie of the decade,” the party said.
However, the State government
through the Chief Press Secretary, Christian Ita has debunked the allegation
stressing that the state chapter of the party is trying to divert attention
from the crass irresponsibility the party has plunged the country into.
According to Mr. Ita, “Cross
River APC are black market liars … just like its national headquarters, Cross
River APC has learnt the ropes in the art of telling bogus lies to divert
attention from the crass irresponsibility it has plunged the country”.
Mr Ita stressed that there is no
iota of truth in the allegation stressing that Ayade rice was milled at MIKAP
NIG LTD producer of MIVA rice. The mill is owned by Mr. Michael Andokaa, the
former Attorney General and Minister of Justice who served under Late President
Umaru Musa Yar’Adua.
However, members of the public
who are eager to purchase the rice have to wait longer as the rice is not yet
available for sale to members of the public. Field survey by The Oracle Today
shows that the rice is yet to be sold in any designated outlet across the
state.
While launching the rice, which
is in two categories, the governor disclosed that a 50 kg bag will go for 12,
000 while a 25 kg bag will go for 6,000.
Ardent Mills Molinos de
Puerto Rico, Resilient in Wake of Hurricane Maria
SAN JUAN, Puerto Rico, Jan. 18, 2018 /PRNewswire-HISPANIC PR WIRE/
-- Since Hurricane Maria's destructive forces hit Puerto Rico on September
20, 2017, Ardent Mills' sister company, Molinos de Puerto Rico, maintained milling
operations for all but about four days. More importantly, operations at the
mill in San Juan expanded
almost immediately to include day-to-day assistance for employees affected by
the catastrophic storm.
Jon Stuewe,
president of Ardent Mills' Molinos de Puerto Rico, reports that, fortunately, the mill has
no reported injuries from the storm, but many team members have faced
significant losses to homes and property.
"We employ 100 people, and nearly 20 of
them lost everything. One of our engineers lives in one of the only two-story,
concrete houses in her area and brought 20 neighbors into her home as a nearby
river flooded, engulfing the first level. One of our workers gave birth two
days after the storm, when the hospitals were still running on generators,
rooms were filled, and patients were marshalled into the hallways with many
limited to just a bottle of water per day. Another worker was mugged and
stabbed on the way home from the mill one evening," Stuewe describes.
Despite hardships, in the storm's aftermath,
the mill community showed extraordinary humanity, hope, service, loyalty,
persistence, compassion and solidarity and functioned as members of a big
family working together for the same goal.
"The
mill became a safe, consistent place for our team to be. We had the common goal
to take care of each other, to feed the people of Puerto Rico and the hard-hit Caribbean region while
serving our customers," says Stuewe.
Emergency
Preparedness Puerto Rico is
no stranger to storms, and each season, Molinos prepares by putting a hold on a
leased industrial-grade generator, storing extra fuel and loading trucks in
advance, which helped the mill ride out Hurricane Irma. But Hurricane Maria was
different. Making landfall with winds just one mile per hour shy of a Category
5, Maria cut a diagonal swath through the island and left extreme rains in its
wake, leveling much of the island and crippling services for weeks.
"We listened to our team members and got
back to basics," says Stuewe, describing how basics like water, food and
clean clothes were so scarce that flying supplies in by private jets was the
best solution.
To speed
the response, Ardent Mills flew five team members from the company's Denver headquarters and
other network sites to Puerto Rico to
help staff assess damage and take the steps necessary to resume operations.
Engineers, millers and health and safety specialists lived in the mill with no
power, no running water and no air conditioning.
"The team who flew in even had to deal
with a bat flying around the stairwell where some of them slept. But seeing
this team's effort helped lift everyone's spirits," Stuewe recalls.
First, Ardent Mills worked to ensure the
Molinos water system was functioning ? especially so their team could bring
water back to their homes. They put clothes washers and dryers on site,
provided three hot meals a day, and even made a barber available. Without
electricity, employees couldn't access banks, so the management provided cash
and fuel.
The rest
of Ardent Mills' community of 2,400+ employees also pitched in, contributing
more than $25,000 to a
GoFundMe page initiated by a team member and dedicated to affected colleagues.
Ardent Mills is matching $40,000.
The
New Normal: Recovery Continues As 2018
begins and the Hurricane Maria recovery continues months after the storm,
Ardent Mills' Molinos de Puerto Rico continues
to supply a large portion of the grain-based food ingredients on the island
and Caribbean region
with its corn, wheat and rice milling.
"I
had the opportunity to spend eight days on the island in two trips since the
storm. After my last trip, I was glad to see real signs of improvement
that are happening faster than I would have thought possible,"
emphasizes Bill Stoufer,
Ardent Mills COO. "The local food industry in Puerto Rico did and
continues to do a great job getting food to Puerto Ricans. While food is
of key importance, we learned, it is about jobs, family and providing our team
with a sense of normalcy for part of the day."
At 90 days post storm, FEMA estimates that 65.4
percent of the island has restored power, and the potable water rate is at 86
percent of pre-storm supplies. "We are off generators now, but the
electric grid is not 100 percent. Gas and food are still not back to normal
supplies, and most restaurants are not open," Stuewe describes.
"There's no way to prepare fully for an
event of this scale, but we have put new systems in place, like an ultraviolet
water treatment system, that will help us have clean water supplies
permanently. You learn from these events," notes Stuewe, who shares that
his biggest lesson was the resiliency of his team.
"When we weren't operating at full
capacity, team members were asking, 'What else can I do? Is there anything to
clean or fix?' They appreciated having the mill to come to, and we appreciated
their 'all-hands-on-deck' approach to getting through this crisis together. It
was a shared experience, and we grew together as a family, which we are
celebrating," says Stuewe.
To
arrange an interview with Jon Stuewe,
president of Ardent Mills' Molinos de Puerto Rico or
another Ardent Mills official about Puerto Rico recovery,
please contact Mary Ann Strombitski at 719-271-5295 or maryann.strombitski@ardentmills.com.
About
Ardent Mills Ardent
Mills is the premier flour-milling and ingredient company whose vision is to be
the trusted partner in nurturing its customers, consumers and communities
through innovative and nutritious grain-based solutions. Ardent Mills'
operations and services are supported by more than 40 flour mills and
bakery-mix facilities along with a specialty bakery and Mobile Innovation
Center, all located in the U.S., Canada and Puerto Rico. Deeply rooted in communities
throughout North America,
Ardent Mills is headquartered in Denver, Colorado, and employs more than 100
certified millers, supporting thousands of local jobs and contributing billions
of dollars to local economies. To learn more about Ardent Mills, visit ardentmills.com.
ISLAMABAD: Pakistan’s Minister of State for
Finance Rana Muhammad Afzal has expressed optimism for early resumption of
banking ties between Islamabad and Tehran.
In an interview with IRNA, he
said that he is giving extra focus on banking ties with Iran so that the two
friendly neighbors can have better trade relationship.
Certainly, Iran wants to improve
relations with Pakistan, and Pakistan too is interested to improve trade
relations with Iran, he added.
He said that we need to develop
banking relationship, in this connection very soon we should be able to have
the banks on both sides to open letters of credits and do some business.
Minister said that bilateral
meetings between the two countries are taking place regularly and we want to
increase trade between our two countries and Iran is doing trade with many
countries.
The minister said Iran’s
ambassador has informed him that sanctions do not cover many types of trade
between Iran and Pakistan. So we are working on this very keenly with a focus
that how we can improve our trade ties with Iran.
He said that Pakistan is trying
to have some private banks interested in opening branches and taking business
from each other.
Banking sector in Pakistan is in
private hands and there is only one government bank, Afzal said.
He said more business delegations
exchange and more facilitation at the government level will enhance trade
between the two countries. There is already good will in Pakistan.
He maintains that we have surplus
food items and Pakistan has rice to export and textiles and Iran has petroleum
products. Regional trade is always a better trade so we are trying to do within
the permissible limits. Unfortunately, due to sanctions our business has gone
down. It is not only Iran that has suffered but Pakistan has also suffered, so
we want to solve this problem, he said.
EU curbs on fungicide use
threaten basmati exports
AMITI SEN
Farmers confused as alternative
chemical is restricted in the US
NEW DELHI, JANUARY 17:
India’s basmati exports to the
European Union (EU) are set to take a serious hit this year as the 28-member
bloc has lowered the tolerance level for tricyclazole — a fungicide used by
most basmati growers in the country — to very low levels, ignoring New Delhi’s
plea for more time.
Pushed against a wall, the
government, in collaboration with exporters, is now trying to help farmers
switch over to another fungicide, isoprothiolane, which is an alternative to
tricyclazole and is accepted in the EU. However, the fact that isoprothiolane
is not accepted in the US has made the switch difficult, a government official
told BusinessLine.
“While the EU accounts for more
than 10 per cent of India’s basmati exports, the US is also a big buyer and
cannot be ignored. We cannot let go of one market to protect the other,” the
official said.
The Agricultural and Processed
Food Products Export Development Authority (a body under the Commerce
Ministry), together with the All India Rice Exporters’ Association (AIREA), is
now working with farmers for a solution.
Different sprays mooted
“The solution that is being explored is to divide basmati fields into pockets
and spray parts of it with tricyclazole and parts with isoprothiolane. The
basmati sprayed with tricylazole can be exported to the US, while the rice
sprayed with isoprothiolane could be exported to the EU countries,” the
official explained.
Whether farmers actually
understand the complex process and convincingly adhere to it would be the test.
“We have also roped in the Punjab
government and hopefully, together, our efforts will succeed,” the official
said.
In the April-November 2017
period, India’s total export of basmati was to the tune of $2.61 billion. Of
this about $331 million of the aromatic rice was shipped to the EU, while the
US bought basmati rice worth $120 million.
The problems for Indian basmati
exporters began when the EU announced that it would lower its tolerance level
for tricyclazole by over 100 times to the default level of 0.001 ppm (parts per
million) from January 2018, effectively banning its use.
According to the AIREA, farmers
would need at least two years’ time to switch over to a new fungicide. Although
some workshops with farmers started last year, there is still a long way to go.
“We are concerned that our
basmati exports to the EU will take a hit as many exporters are not in a
position to comply fully with the new norms. Our focus is on trying to sort out
the matter with farmers at the earliest,” the official said.
AUSTIN, TX --
Texas, with its rough and tumble reputation, might be the last place you'd
expect to find a saké brewery. But here in the state's capital, the Texas
Saké Company has staked a claim as the state's first and only saké
brewery. And even more impressive than their 'lone star' status, is the
fact that they're using Calrose rice when brewing up the iconic beverage.
"Unlike the traditional Japanese styles,
which tend to be very clean and delicate, American sakés using Japonica very
much love food," says Trevor Wight, spokesperson for the brewery.
"Calrose rice has a robust taste. The initial flavors are nutty and
savory with a fruit finish, which makes it perfect for brewing hearty American
saké." This bold taste pairs nicely with a number of American
cuisines, including southern home-style, Cajun, and even barbecue.
Adventurous culinary trends is one reason Wight
feels Central Texas is the perfect place to brew saké, as well as the unique
flavor of the mineral-rich aquifer water of the area.
One of the brewery's goals is to bring quality
saké made with U.S. rice to new markets. "Most Americans' exposure
has been to mass-produced, lower-quality saké," says Wight.
"I've found that when you put a good saké in front of most people, they're
impressed. Plus there's a general oversaturation in the beer and spirits
market in the U.S., and people are starting to turn to other
options."
Texas Saké Company, located in the North Loop
neighborhood of Austin, gives weekly public tours of the facility, explanations
of their methods, and tastings of rice in the various stages of fermentation.
According to Wight, the company is looking into
experimenting with other kinds of rice -- provided, of course, that it's
U.S.-grown.
Arkansas rice groups to hold annual
meeting in Jonesboro
February
19 meeting to highlight voluntary smoke management guidelines
Jan 17, 2018
The Arkansas Rice Council and
Arkansas Rice Farmers will hold their annual meeting and trade show Monday,
Feb. 19, at the Convocation Center in Jonesboro.
In addition to keynote speaker
Gov. Asa Hutchinson, the event will also highlight agricultural crop burning. A
task force comprised of stakeholders representing the Arkansas Rice Federation,
Arkansas Soybean Association, Ag Council of Arkansas and the Arkansas Farm
Bureau Federation is currently working to develop a set of guidelines
applicable to crop burning. Along with input from the Arkansas Agriculture
Department, Arkansas Department of Environmental Quality and University of
Arkansas Division of Agriculture, the group is considering farmer burn plans
and the reporting of prescribed burns to the Arkansas Forestry Commission Dispatch
Center as part of voluntary smoke management guidelines -- a process already in
place for forest landowners.
Arkansas
Agriculture Department officials including Secretary Wes Ward will discuss
a model already in place by the Arkansas Prescribed Fire Council's voluntary
Smoke Management Guidelines for forest landowners, and private, state, and
federal forestry agencies and companies.
"This annual event is an
important opportunity for rice farmers to gather and discuss timely issues and
ways we can work together as an industry as we plan for the next growing
season," said Jeff Rutledge, Chairman of the Arkansas Rice Federation.
"Field burning is part of a complete crop management strategy and our
growers want to ensure the continued quality of the airshed their families and
neighbors breathe. The annual meeting will lead to an increase of awareness and
education among the industry regarding voluntary smoke management
guidelines."
"Our industry has repeatedly
shown a willingness to adopt voluntary guidelines or best management practices
as opposed to being subject to additional government regulations. Here our row
crop industry is looking to the lessons that our forest landowners have learned
in the past and we are all working together to find common sense
solutions," Arkansas Agriculture Secretary Wes Ward said previously
regarding the task force. "This is a perfect example of how we can
accomplish more together than apart."
The event will include an
industry trade show and conclude with a free catfish lunch for registered
attendees.
Individual attendance is free. Sponsorship opportunities can be
found here. If you are interested in attending or
sponsoring this year's meeting, register
online or call (501) 375-1100 by Feb. 6. The event is sponsored
in part by Greenway Equipment.
CHANDIGARH: Basmati rice prices are seen rising in the
international market with Iran likely to begin import of the cereal soon. Rice exporters, who are already getting 20%
higher price for basmati compared with last year, said Iran could start import
as early as next week. "The
announcement by Iran is expected soon as the trade was opened by this time last
year," said Vijay Setia, president of All-India Rice Exporters Association
(AIREA). "The delay is due to the ..
Read more at:
//economictimes.indiatimes.com/articleshow/62553332.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
ASIA RICE-TOP EXPORTERS EYE
DEALS WITH INDONESIA, PHILIPPINES; PRICES JUMP
1/18/2018
By Koustav Samanta
BENGALURU, Jan 18 (Reuters) - Rice
prices in Thailand and Vietnam received a major boost this week from a
potential dealwith Indonesia, while robust demand from Bangladesh propelled
rates higher for the staple grain in top exporter India.In Thailand, the
world's second-biggest rice exporter,
benchmark 5 percent broken rice was quoted at $415-$420, free-on-board (FOB)
Bangkok, up from $395-$410 last week.The Indonesian government said on Monday
it had assigned
state logistics agency Bulog to import up to 500,000 tonnes. Theagency said it
was looking to purchase the rice from Thailand,
Vietnam, and Pakistan.
"The price has gone up due to
a possible deal withIndonesia. But we will only know after the auction next
week howmuch of the 500,000 tonnes will be imported from Thailand," said
a Bangkok-based trader."Apart from Indonesia, the market remains quiet and
there
are no looming deals in sight."
Meanwhile, rice prices in India
jumped on strong demand fromneighbouring Bangladesh, which has emerged as a
major importerof the grain since 2017 after floods damaged its own crops.
India's rice exports likely jumped
22 percent in 2017 to arecord 12.3 million tonnes as Bangladesh ramped up
purchases.In India, the 5 percent broken parboiled rice
prices <RI-INBKN5-P1> rose by $9 to $432-$436 per tonne, withthe gains
also supported by expectations of demand fromPhilippines and Indonesia, traders
said.
"Bangladesh is aggressively
buying. Now expecting strongdemand from Philippines and Indonesia, traders have
increasedprices," said an exporter based in Kakinada in the southern
state of Andhra Pradesh.
Sensing good export demand Indian
mills are ramping uppurchases but supplies are limited, which is pushing up
prices,said another exporter.
The Philippines plans to import
250,000 tonnes of rice, anofficial of the state's grains procurement agency
said onWednesday.Prospects of deals with the Philippines and more recently
with Indonesia have raised export prices in Vietnam, whichbarely saw any offers
secured this week as traders werereluctant to commit to any new contract amid
depleting stocks.
The next harvest is due in late February.
Prices in Vietnam rose to as high
as $420-$430 a tonne, FOBSaigon, for the benchmark 5-percent broken rice
<RI-VNBKN5-P1>,but traders said that is "not tradable".
"Those are just reference
prices; no one is willing tostrike a deal now as there's no stock left, not
until lateFebruary, early March," said a Ho Chi Minh-city based trader.
Another trader said there could be
some stock, about 200,000tonnes, left in state rice companies -- just enough to
bid forthe government deals with Indonesia and the Philippines.(Reporting by
Suphanida Thakral in Bangkok, Rajendra Jadhav inMumbai, Mai Nguyen in Hanoi,
and Ruma Paul in Dhaka; Editing by
Gareth Jones)
JAKARTA, Jan. 18 (Xinhua) -- The Indonesian government plans to
import 500,000 ton of rice and staple food to stabilize the rising rice price,
Indonesian Trade Minister Enggartiasto Lukita said here on Thursday.
Rice is the main food of most Indonesians. Its price surge could
significantly stimulate inflation and affect purchasing power.
"After we announced the plan to import rice, the up-trend
ends and the price is down. But volatility remains," Lukita said.
Indonesian Finance Minister Sri Mulyani Indrawati confirmed that
such policy aims at stabilizing rice price.
"Last month we got warning that the hike had started.
Therefore, the government's decision is to focus on efforts to stabilize the
price these months," Mulyani said.
Indonesia's rice price with medium quality has reached its
highest level in five years, data showed.
The Food and Agriculture Organization has recommended Indonesia
to increase its rice stockpile to 1.1 to 1.8 million ton, which is much lower
at present.
Runaway Rice
Prices Worry Indonesia’s Central Bank
By Karlis Salna and Tassia Sipahutar
Updated on January 18, 2018, 12:38 PM GMT+5
·
Economists
see no change in policy rate at Thursday meeting
·Officials have warned
of ‘worrying surge’ in rice price
Indonesia’s central bank has something else to fret
about at its first meeting of the year: runaway rice prices.
After an aggressive bout of easing that’s seen eight interest
rate cuts over the past two years, Southeast Asia’s biggest economy is still
struggling to fire. A recent pick up in food inflation means there’s limited
room for further easing, but at the same time, Governor Agus Martowardojo and
his board are in no rush to follow global peers in raising rates on Thursday.
With the statistics office this
week warning of a “worrying” surge
in the price of rice -- a staple food in almost every Indonesian meal --
lawmakers and Bank Indonesia have shifted focus to lowering food costs. The
government last week said it would import 500,000 tons of rice to overcome a
supply shortage.
“We were given a warning in the previous months that the rice
price had started to increase,” Finance Minister Sri Mulyani Indrawati said
Monday. “The government has decided to make rice price stabilization one of its
focuses in the coming months.”
All 24 economists surveyed by Bloomberg expect Bank Indonesia to
keep the benchmark interest rate unchanged at 4.25 percent on Thursday.
Here are some key points to watch in the statement:
Price Pressures
Consumer prices gained 3.6 percent in December from a year
earlier, driven by higher food costs, after posting the slowest gain for 2017
in November. Rice prices rose 6.1 percent in the past two months, according
to Bank Indonesia.
Economists surveyed by Bloomberg predict inflation will average
3.8 percent this year. That’s still within the central bank’s narrower
inflation target band for this year of 2.5 percent to 4.5 percent.
Cost
Pressures
Rice prices have risen 6.1 percent in the past two months
Source: Bank Indonesia
* Prices in rupiah per kilogram
The inflation backdrop is “turning less benign,” said
Euben Paracuelles, a senior economist for Southeast Asia at Nomura Holdings
Inc. in Singapore, who expects Bank Indonesia to be on hold through 2018. “With
the domestic economy showing some signs of further improvement and external
risks still elevated, we believe BI is unlikely to resume policy rate cuts,” he
said.
Growing Confidence
While consumer confidence hit a record high in December,
Indonesians still aren’t spending. With buying by consumers and firms making up
half of gross domestic product, lackluster sales continue to be a concern for
the government and policy makers. Retail sales grew just 2.6 percent in
December compared to a year earlier.
Bank Indonesia Assistant Governor Dody Budi Waluyo said
consumption should recover this year at a “limited pace,” as the purchasing
power of low and middle-income earners improved. “However, consumption is
predicted to still be on hold among high-income people,” as they were spending
more selectively, he told Bloomberg last week.
Josua Pardede, an economist at PT Bank Permata in Jakarta, said
that more fiscal stimulus was needed in order to spur Indonesia’s economy.
“Private consumption is still sluggish. While consumers are more
confident, they’re still not spending,” he said. “We forecast Bank Indonesia to
keep interest rates unchanged for the whole year.”
Fed Policy
With the Federal Reserve having penciled in three rate hikes in
2018 following three last year, there could be pressure on emerging-market currencies
such as the rupiah. Bank Indonesia’s Martowardojo has continued to cite higher
U.S. interest rates as a key risk for Indonesia.
Policy makers have already signaled they stand ready to act
against potential volatility in the currency. The rupiah has strengthened
1.6 percent against the dollar this year after being one of Asia’s worst
performers in 2017. It gained less than 0.1 percent to 13,356 against the
dollar as of 2:25 p.m. in Jakarta on Thursday.
The central bank forecasts the economy expanded 5.05 percent in
2017, and that growth will pick up to between 5.1 percent and 5.5 percent
this year.
India exports
about 4 million tonnes of basmati rice every year to more than 100 countries,
of which Saudi Arabia, Iran, the UAE, Kuwait, the US and the UK are the main
buyers.
CHANDIGARH:
Basmati rice prices are seen
rising in the international market with Iran
likely to begin import of the cereal soon.
Rice exporters, who are already getting 20% higher price for basmati compared with
last year, said Iran could start import as early as next week.
"The announcement by Iran is expected soon as the trade was opened by this
time last year," said Vijay Setia, president of All-India Rice Exporters
Association (AIREA). "The delay is due to the extended domestic rice
season in Iran."
India exports about 4 million tonnes of basmati rice every year to more than
100 countries, of which Saudi
Arabia, Iran, the UAE, Kuwait,
the US and the UK are the main buyers.
The revival in price of basmati in the international market follows a lean
cropping season in India. Farmers had shrunk the area under basmati due to a
fall in the domestic price of the commodity.
Usually, demand and price of basmati increase around this time of the year,
when Iran starts imports of the commodity after the close of its domestic rice
season. Last year, Iran had announced import of basmati in the second week of
January. This time the announcement is coming at a time when international
basmati prices are already strong.
"We are expecting a formal announcement by Iran on 22 January on
permission for import of basmati," AIREA executive director Rajen
Sudershan told ET, adding that in the international market, basmati is available
for $900-1,150 a tonne-- 15-20% higher than a year ago.
This year, basmati prices are firm mainly due to lower harvest in India and
higher cost of raw paddy in states like Punjab and Haryana. Sethia said basmati
output this season is lower by 10%.
According to exporters, the spike in basmati price is also in part due to the
increase in price of crude oil, which has strengthened the economies in the
Gulf region.
Ashok Sethi, former president of Punjab Rice Millers and Exporters Association,
said international basmati prices are being indirectly buttressed by increase
in crude oil prices. Basmati prices were subdued in the previous two years.
A lower harvest may not affect the volumes in the export market, said AK Gupta,
director of Basmati Export Development Foundation (BEDF), an arm of
Agricultural & Processed Foods Export Development Authority (APEDA).
"Basmati exports could witness slight rise this year due to steady global
demand and higher carryover stock from the previous season," Gupta said.
Wiseguyreports.Com
Adds “Long-Grain Rice Seed – Global Market Demand, Growth, Opportunities,
Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its
Research Database.
Wiseguyreports.Com
Adds “Long-Grain Rice Seed – Global Market Demand, Growth, Opportunities,
Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its
Research Database.
Description:
This report studies Long-Grain
Rice Seed in Global market, especially in North America, China, Europe,
Southeast Asia, Japan and India, with production, revenue, consumption, import
and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top
manufacturers in global market, with production, price, revenue and market
share for each manufacturer, covering
Dupont Pioneer
Bayer
Nuziveedu Seeds
Kaveri
Mahyco
RiceTec
Krishidhan
Rasi Seeds
JK seeds
Syngenta
Longping High-tech
China National Seed
Grand Agriseeds
Dabei Nong Group
Hefei Fengle
On the basis of product, this
report displays the production, revenue, price, market share and growth rate of
each type, primarily split into
Japonica Rice
Indica Rice
By Application, the market can
be split into
Agricultural Planting
Scientific and Research Planting
By Regions, this report covers
(we can add the regions/countries as you want)
North America
China
Europe
Southeast Asia
Japan
India
If you have any special
requirements, please let us know and we will offer you the report as you want.
Table of Contents:
Global Long-Grain Rice Seed
Market Professional Survey Report 2017
1 Industry Overview of Long-Grain Rice Seed
1.1 Definition and Specifications of Long-Grain Rice Seed
1.1.1 Definition of Long-Grain Rice Seed
1.1.2 Specifications of Long-Grain Rice Seed
1.2 Classification of Long-Grain Rice Seed
1.2.1 Japonica Rice
1.2.2 Indica Rice
1.3 Applications of Long-Grain Rice Seed
1.3.1 Agricultural Planting
1.3.2 Scientific and Research Planting
1.3.3 Application 3
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
2 Manufacturing Cost Structure
Analysis of Long-Grain Rice Seed
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Long-Grain Rice Seed
2.3 Manufacturing Process Analysis of Long-Grain Rice Seed
2.4 Industry Chain Structure of Long-Grain Rice Seed
…….
8 Major Manufacturers Analysis
of Long-Grain Rice Seed
8.1 Dupont Pioneer
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 Dupont Pioneer 2016 Long-Grain Rice Seed Sales, Ex-factory Price,
Revenue, Gross Margin Analysis
8.1.4 Dupont Pioneer 2016 Long-Grain Rice Seed Business Region Distribution
Analysis
8.2 Bayer
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Product A
8.2.2.2 Product B
8.2.3 Bayer 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue, Gross
Margin Analysis
8.2.4 Bayer 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.3 Nuziveedu Seeds
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Product A
8.3.2.2 Product B
8.3.3 Nuziveedu Seeds 2016 Long-Grain Rice Seed Sales, Ex-factory Price,
Revenue, Gross Margin Analysis
8.3.4 Nuziveedu Seeds 2016 Long-Grain Rice Seed Business Region Distribution
Analysis
8.4 Kaveri
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Product A
8.4.2.2 Product B
8.4.3 Kaveri 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue, Gross
Margin Analysis
8.4.4 Kaveri 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.5 Mahyco
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Product A
8.5.2.2 Product B
8.5.3 Mahyco 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue, Gross
Margin Analysis
8.5.4 Mahyco 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.6 RiceTec
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.2.1 Product A
8.6.2.2 Product B
8.6.3 RiceTec 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue, Gross
Margin Analysis
8.6.4 RiceTec 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.7 Krishidhan
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.2.1 Product A
8.7.2.2 Product B
8.7.3 Krishidhan 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue, Gross
Margin Analysis
8.7.4 Krishidhan 2016 Long-Grain Rice Seed Business Region Distribution
Analysis
8.8 Rasi Seeds
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.2.1 Product A
8.8.2.2 Product B
8.8.3 Rasi Seeds 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue,
Gross Margin Analysis
8.8.4 Rasi Seeds 2016 Long-Grain Rice Seed Business Region Distribution
Analysis
8.9 JK seeds
8.9.1 Company Profile
8.9.2 Product Picture and Specifications
8.9.2.1 Product A
8.9.2.2 Product B
8.9.3 JK seeds 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue,
Gross Margin Analysis
8.9.4 JK seeds 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.10 Syngenta
8.10.1 Company Profile
8.10.2 Product Picture and Specifications
8.10.2.1 Product A
8.10.2.2 Product B
8.10.3 Syngenta 2016 Long-Grain Rice Seed Sales, Ex-factory Price, Revenue,
Gross Margin Analysis
8.10.4 Syngenta 2016 Long-Grain Rice Seed Business Region Distribution Analysis
8.11 Longping High-tech
8.12 China National Seed
8.13 Grand Agriseeds
8.14 Dabei Nong Group
8.15 Hefei Fengle
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https://industrytoday.co.uk/agriculture/long-grain-rice-seed-2018-global-market-key-players---dupont-pioneer---bayer---nuziveedu-seeds---kaveri---mahyco---ricetec Recent
Research Report on Brown Rice Market showing growth prospects and challenges
within the industry by 2022
This
report identifies the Brown Rice market size for the years
2012-2017, and forecast of the same till the year 2022. It also highlights the
market drivers, restraints, growth indicators, challenges and other key aspects
with respect to the Brown Rice market.
Brown Rice Market tracks the major market events including
product launches, technological developments, mergers and acquisitions, and the
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strategically analyzing the key micro markets, the report also focuses on
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The competitive landscape of the global market for Brown Rice
Industry is determined by evaluating the various market participants,
production capacity, Brown Rice market’s production chain, and the revenue
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On the
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share and growth rate of each Type, primarily split into Long Grain, Medium Grain, Short
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By Application, the
market can be split into Super/ Hyper Stores, Department Stores, Grocery, Online
Retailers.
By Regions, this
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Mo Way is working on a contingency plan for a problem he hopes
he never has to deal with.
The rice planthopper appeared in high populations in Texas rice
fields in 2015. “It was a widespread problem,” says Way, professor of
entomology, Texas AgriLife Research and Extension Center, Beaumont, Texas.
Speaking at the recent Conservation Systems Cotton and Rice
Conference in Memphis, Tenn., Way surmised that a storm could have blown the
pest in from Mexico. “We had quite an infestation,” he says.
Damage was extensive in many fields across the south Texas rice
production area. “All counties west of Houston were infested, regardless of
variety planted. Some patches in the field were completely destroyed,” he says.
He showed PowerPoint photos of fields with large spots of dead rice plants.
“But whole fields were affected to some extent, not just those dead spots.”
The insects also secrete honey dew, on which sooty mold fungus
develops.The rice planthopper also transmits a virus, hoja blanca (white leaf
disease), to the rice plant. Way says symptoms resemble chinch bug damage,
stippling and speckling, and yellowed plants showed up across many infested
fields. “The virus is transmitted to the eggs and to the next generation.
IRRI
“The pest was quite a problem in 2015,” he says. “But we
have not seen it since, not one specimen. We surveyed across the rice belt the
last two years and the pest has not been found since 2015. It’s hard to
understand why it just disappeared. I hope we do not see it again, but in
anticipation of another invasion, we are being pro-active with research.”
Way traveled to the International Center for Tropical
Agriculture (CIAT), in Colombia, South America, to learn more about the rice
planthopper and the virus it transmits. “They are seeing more problems
form the pest and hoja blanca in Central and South America,” Way says. “It is
native to that area. Researchers are looking at tolerant varieties, which seem
to be detrimental to the insect.”
He says some varieties appear to be tolerant of both the insect
and the virus. “The International Center for Tropical Agriculture’s best
practice recommendation is tolerant varieties,” Way adds. He says a research
pathologist and a research entomologist are working together to develop
management strategies.
“We plan on sending seed to CIAT to screen for resistance.”
Way urges producers and consultants to be on the lookout for the
pest next season.
Cliff Mock, a rice farmer and crop consultant from Alvin, Texas,
talked briefly about another pest that could cause problems for rice farmers.
“The channel apple snail may be turning into a problem,” Mock says. The snail,
described as about the size of a tennis ball, does no apparent damage to rice
plants, “but they break through our levees,” Mock says.
“They have caused problems in Asia and South America,” says Way.
The snail is an introduced species.
Obituaries
of residents from the District, Maryland and Northern Virginia.
A. James ‘Al’ Golato, IRS
official, school board chairman
A. James
“Al” Golato, 94, a retired agent of the Internal Revenue Service who also
served on the Bowie (Md.) City Council and chaired the Prince George’s County
Board of Education for 13 years, died Nov. 10 at his home in Bowie. The
cause was throat cancer, said a daughter, Denise Moroney.
Mr. Golato
was born in Philadelphia. He began his IRS career after World War II, settled
in Bowie in 1962 and retired in 1982, having specialized in uncovering fraud
and racketeering. He twice received an award for exceptional service. He was
among the earliest residents of the city of Bowie and helped write the city
charter.
Isaac Hunt Jr., SEC
commissioner
Isaac Hunt
Jr., 80, a commissioner of the U.S. Securities and Exchange Commission from
1996 to 2002, died Oct. 29 at his home in Washington. The cause was
complications from atrial fibrillation, said a son, Isaac Hunt III.
Mr. Hunt,
a native of Danville, Va., was an SEC staff lawyer from 1962 to 1967 and later
a lawyer for the Army Department during the Carter and Reagan administrations.
From 1983 to 1987, he was dean at the now-defunct Antioch School of Law, which
focused on public-advocacy law, in Washington. He then was dean of the
University of Akron’s law school until becoming an SEC commissioner. He was
formerly board chairman of Sasha Bruce Youthwork, an organization that offers
shelter and counseling to homeless and troubled youths.
Notable
deaths so far this year
View
Photos
Remembering
those who have died in 2017.
Walter Jackson Jr., cook,
barber
Walter
Jackson Jr., 86, a former State Department cook who retired in the 1980s, died
Dec. 2 at a hospital in Baltimore. The cause was cancer, said a son,
Walter A. Jackson.
Mr.
Jackson was a native Washingtonian and lived in the District until 2013, when
he moved to Baltimore to live with his son. He was a barber in the District
early in his career.
Jean Newman, editor
Jean
Newman, 97, who retired in 1981 as associate editor of Federation Proceedings,
a publication of the Federation of American Societies for Experimental Biology,
died Nov. 8 at an assisted living center in Gaithersburg, Md. The cause was
Alzheimer’s disease, said a daughter, Andrea Newman.
Dr. Newman
was born Jean Clawson in Collegeville, Pa. She moved to Bethesda, Md., in 1959
and to Gaithersburg in 1999. She spent a decade at Federation Proceedings. She
served on the vestry and altar guild at St. Luke’s Episcopal Church in
Bethesda.
Elaine Roehrs, school bus
driver
Elaine
Roehrs, 82, a Fairfax County, Va., school bus driver from the 1970s to the
1990s, died Nov. 11 at a care center in Charlottesville. The cause was
dementia, said a daughter, Julie Preston.
Mrs.
Roehrs was born Elaine Haney in St. Paul, Minn., and moved to the Washington
area in 1963. She lived for many years in Lorton, Va., and was a member of St.
John’s Lutheran Church in Alexandria, Va.
Susan Jones, psychotherapist
Susan
Jones, 73, a Washington psychotherapist in private practice for 40 years, died
Oct. 29 at a hospice center in the District. The cause was endometrial
cancer, said her husband, David Jones.
Dr. Jones,
who lived in Chevy Chase, Md., was born Susan Lehrer in Brooklyn. She moved to
the Washington area in 1977 and opened a practice in psychotherapy, which she
continued until 2017. She treated individuals and ran groups treating anxiety
and depression.
Clarence Gray, USAID officer
Clarence
Gray, 100, a U.S. Agency for International Development foreign service officer
from 1958 to 1970 who, in retirement, was the president of an international
agricultural consulting firm, died Nov. 5 at an assisted living center in
Aldie, Va. The cause was complications from a urinary tract infection, said his
wife, Shirley Gray.
Dr.
Gray was born in Ridge Spring, S.C., and moved to Fairfax City, Va., in 1983.
He taught agronomy at Virginia State University before joining USAID, where his
assignments took him to India, Nepal and Jordan. He worked for the Rockefeller
Foundation as its representative to the International Rice Research Institute
in the Philippines until 1983. He was a founding member of the Royal Nepal Golf
Club.
Shirley Harley, day-care
teacher
Shirley
Harley, 70, who worked as a Prince George’s County, Md., day-care teacher in
recent years, died Sept. 15 at a hospital in Cheverly, Md. The cause was a
bilateral pulmonary embolism, said her husband, Gary Harley.
Mrs.
Harley was born Shirley Moore in Upper Marlboro, Md., and moved to Landover
Hills, Md., in 1984. She was a member of a Red Hat Society chapter.
Elisabeth ‘Lisa’ Kimball, consulting
company founder
Elisabeth
“Lisa” Kimball, 69, who helped found two Washington-based management consulting
firms, died Nov. 3 at a Washington hospital. The cause was amyloidosis,
said her husband, John Cooney.
Ms.
Kimball was born in New Britain, Conn., and settled in Washington in 1976. She
worked for the Office of Personnel Management from 1978 to 1981 and helped
develop the federal government’s Senior Executive Service. In 1983, she helped
found Meta-Systems Design Group, where she was a partner for 16 years. In 2000,
she founded GroupJazz.com, where she held the title of executive producer until
her death. The company assists organizations and communities in developing
collaborative initiatives.
She
was also a founder, board member and project leader with the Plexus Institute,
a nonprofit organization that, among other endeavors, has helped hospitals
identify ways to reduce the transmission of MRSA infections. Ms. Kimball was a
member of the Cosmos Club and Chevy Chase Woman’s Club.
Alphonse Elser, electrical
engineer
Alphonse
Elser, 90, a civilian electrical engineer at Fort Belvoir for 30 years, died
Nov. 9 at an assisted living center in Vienna, Va. The cause was
congestive heart failure, said a granddaughter, Shannon Eriksson.
Mr. Elser
was born in Queens and moved to the Washington area in 1967. He retired from
Fort Belvoir in the late 1990s. He lived in Vienna for many years and
volunteered with youth soccer leagues.
Paul Kozemchak, intelligence
adviser
Paul
Kozemchak, 69, a consultant and adviser to the director of the Defense Advanced
Research Projects Agency (DARPA) on issues relating to the intelligence
community, died Nov. 10 at a hospital in Falls Church, Va.
He died of
injuries suffered in a Nov. 3 auto accident, said a daughter, Kyra
Fussell. Arlington Police said he was a pedestrian crossing Wilson Boulevard at
North Randolph Street when he was struck by a vehicle making a turn.
Mr.
Kozemchak was born in Allentown, Pa., and moved to the Washington area in 1974.
He had been an adviser to the director of DARPA since 1990. Earlier he had been
a consultant to organizations on security strategy and technology. He lived in
Falls Church and participated in marathon races over the past 20 years.
James Boatner, Army major
general
James
Boatner, 87, a retired Army major general who served in combat in the Korean
and Vietnam wars and retired as deputy chief of staff for personnel in the Army
Materiel Command, died Oct. 7 at a retirement facility at Fort Belvoir, Va. The
cause was cancer, said a son, Michael Boatner.
Gen.
Boatner was born in Tianjin, China, where his father was posted as an Army
officer. He retired from the Army in 1986 after a 35-year career. He later
served for 14 years as president and then chairman of the Robinson Terminal
Warehouse in Alexandria, Va., a subsidiary and newsprint warehousing facility
of The Washington Post.
The antiabortion push is more at home among past movements of
inclusion.
10 hours ago
https://www.washingtonpost.com/local/obituaries/community-deaths/2018/01/18/967be154-fbb4-11e7-8f66-2df0b94bb98a_story.html?utm_term=.d68b45377ecc Advanta Seeds opens new
biotech center
Center
will accelerate research and development capabilities for sorghum, corn,
vegetables sunflower, canola and rice.
Jan 18, 2018
Advanta
Seeds, a global agriculture company specializing in seeds and agricultural
solutions, has opened a new state-of-the-art biotechnology facility in College
Station, Texas. The new biotechnology center is a result of a ground-breaking
partnership with Texas A&M AgriLife Research headquartered at Texas A&M
University in College Station.
“We are pleased to form
this partnership and look forward to discovering new crop technologies to meet
the challenges of an ever-expanding global population,” said Dr. Craig Nessler,
Texas A&M AgriLife Research director.
The center will
accelerate Advanta Seeds research and development (R&D) capabilities for
the company’s key crops: sorghum, corn, vegetables sunflower, canola and rice.
“The completion of this
new biotechnology center is part of our corporate commitment to farmers and
food security,” Advanta Seeds chief executive officer Bhupen Dubey said.
"The UPL Group that Advanta Seeds is a part of invests heavily into the
agriculture future. It all started with finding the best research partner
compatible with our R&D projects and technology, which led us to Texas
A&M AgriLife Research. We have considered 10 candidates from countries
where our business operates, but Texas A&M AgriLife Research proved to be
the best choice, with clear and business-friendly policies, which is crucial
for making available new technologies to farmers quickly. Additionally, the
state of Texas has very clear regulations and policies regarding seed import,
which is very important for conducting international research."
The Advanta CS
Biotechnology Center will support Advanta Seeds local and international
research programs. Furthermore, College Station is an important location for
grain and forage sorghum -- a key crop for Advanta Seeds.
Advanta
Seeds is a sustainable agriculture company providing innovative solutions and
seeds technology to farmers around the world. With a global footprint in more
than 60 countries, Advanta Seeds has a leadership position in tropical and
subtropical corn, grain and forage sorghum, sunflower, canola, rice and vegetables.
Advanta Seeds is a part of the UPL Group.
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