In a first, Pakistan to
export white rice to Indonesia
Published: January 21, 2018
White rice. PHOTO: REUTERS
ISLAMABAD: Two Pakistani firms have secured an order to
export 65,000 tons of white rice (non-Basmati) to Indonesia, said the Ministry
of Commerce on Saturday. This would be the first time Pakistan would be
exporting white rice to Indonesia.
The two countries have recently agreed to
revise their preferential trade agreement (PTA) to make it mutually beneficial
and address the imbalance in bilateral trade. Pakistan-Indonesia’s bilateral
trade volume increased from $1.23 billion in 2011-12 to $2.44 billion in
financial year 2016-17.
However, ever since the PTA with Indonesia
became operational in 2013, Pakistan’s exports have been on a negative
trajectory, coming down from $196 million in 2012-13 to $138 million in
2016-17.
To address this, Pakistan initiated a review
of PTA with Indonesia and, among other things, took up the issue of market
access for rice with its trading partner in the Asia-Pacific region. Indonesia
has agreed to revise its trade pact with Pakistan, making 20 more items,
including rice from Pakistan, duty-free.
The tender for procurement of 500,000 tons
of rice was floated by Indonesia during the outgoing week, out of which 84,000
tons were to be sourced from South Asia. Two Pakistani firms took part in the
bidding process and secured the order on January 19. India would export the
rest of South Asia’s rice quota to Indonesia.
“The Ministry of Commerce is hopeful that
the breakthrough made would prove to be a milestone in tapping the huge
Indonesian white rice market,” said a statement issued by the ministry on
Saturday.
Published in The Express
Tribune, January 21st, 2018.
https://tribune.com.pk/story/1614021/4-first-pakistan-export-white-rice-indonesia/
Rice
exports mark 29% growth in half year
8:59
PM, January 20, 2018
SHARE :
NNI
Rice exports from Pakistan have seen significant growth at
the end of December, 2017. This statement was given by Mr. Rafique Suleman,
Senior Vice Chairman Rice Exporters Association of Pakistan, while
talking with news reporters.
He shared the half yearly figures of rice exports during
the period of July to December 2017. He said that at the end of December
2017, rice exports for
fiscal year 2017-18 (July to Dec 2017) a significant growth has
been observed as compared to Last fiscal year 2016-17 (July to Dec 2016).
He said that this year we exported Total 1.9
Million Metric Tons of riceamounting to US$. 881 Million, whereas in last fiscal
year we had exported 1.64 Million Metric Tons of rice amounting
to US$.682 Million, which shows over all a significant growth of
29% in values and 15% in quantity.
He pleased to inform the media persons that
Indonesia has also floated a tender for procurement of big quantity of rice and
two Pakistani companies are also included in successful bidders. He was very
much hopeful that this year, we set the target to export more than 4.0 Million
Metric Tons of Pakistani rice and we will be able to achieve US$ 2 Billion
mark.
He expressed his gratitude to Government of
Pakistan and specially Pakistan High Commission at Nairobi for their excellent
support to handle the recent issue against Pakistani rice exporters.
He said that Kenya is the largest buyer of
Pakistani rice and
during half year of this fiscal year (July to Dec 2017), we have exported
240,000 Metric Tons of rice amounting to US$ 85 Million. He need to focus
on the issues and problems and urged to rectify them and make a strategy for
betterment of rice exports in future.
He also shows his concern on decline of exports in
China, which was the 2nd largest destination for Pakistani rice exporters.
As at the end of December 2017, only 174,000 Metric tons of rice valueing
US$ 56.8 Million He requested the concerned government authorities to take
serious notice and take urgent measures and steps to improve the rice exports to
China.
He said that Iran and Saudi Arabia are the
major buyers of Basmati Riceand we are hopeful that after resolving the Payment
Problem / Banking Channel with Iran, Pakistani Basmati Rice will
get a significant boast which was facing severe decline since last three years.
He informed that this year demand of rice has
increased in international market and rates of Pakistani Rice are
cheaper than our competitors, Thailand and Vietnam. And international buyers
are keeping an eye on Pakistan for their competitive rates. We hope that this
year we will see remarkable growth in Pakistani Rice Exports .
He added that rice exporters
are also putting extra ordinary efforts for fetching valueable foreign exchange
for our beloved country and making huge investment for installing world’s
latest rice machinery
and most modern technology for value addition in rice
https://nation.com.pk/20-Jan-2018/rice-exports-mark-29-growth-in-half-year
Los Baños
launches science-tourism project
January 21, 2018
A niche tourism brand for
students budding scientists, or even armchair Einsteins is currently in the
works in Los Baños.The Los Baños Science Community Foundation Inc. (LBSCFI)
launched the “Development of Science Tourism in Los Baños” project with the
signing of a memorandum of agreement with the Calabarzon branches of the
Department of Tourism (DOT) and Department of Education.
The project aims to promote
science and technology (S&T), increase the number of tourists in Los Baños
and boost the engagements of local stakeholders and enterprises.
According to LBSCFI President
Alexander R. Madrigal, who is also the Department of Science and Technology
(DOST) 4-A Regional Director, the project also aims to “promote S&T as a
career path among students.”
As an emerging niche-tourism
concept, “there is no body of knowledge yet in science tourism,” said Forester
Roberto P. Cereno, chairman of the LBSCFI Tourism Committee and director of the
University of the Philippines Los Baños (UPLB)-College of Forestry and Natural
Resources Training Center for Tropical Resources and Ecosystems Sustainability.
Cereno, however, emphasized the
scopes of science tourism, which are “science in tourism” and “tourism in
science.”
The former showcases S&T
innovations and interventions, while the latter packages and promotes S&T
ideas, discoveries and laboratory breakthroughs into “awe-inspiring” and
“mind-blowing” tourist attractions.
DOT Region 4-A Regional Director
Rebecca V. Labit expressed support to science tourism. She describes the
undertaking as “timely, needed and speaks well of the sustainability for
tourism.”
Also present during the launch
were Los Baños Mayor Caesar P. Perez, Lopez Elementary School Principal Bernon
Abellera, members of the national and local media and representatives of LBSCFI
member-agencies.
Los Baños was designated as the
“Special Science and Nature City” of the Philippines in 2000 based on
Proclamation 349.
Visitors flock to the university
town to see the scientific outputs of LBSCFI member-agencies, which include
UPLB, the International Rice Research Institute, Philippine Council for
Agriculture, Aquatic and Natural Resources Research and Development, DOST 4-A
and other institutions and organizations, besides its natural wonders and other
tourist attractions.
https://businessmirror.com.ph/los-banos-launches-science-tourism-project/
My third
wish for agriculture in 2018
January
20, 2018, 10:00 PM
By Dr. Emil Q. Javier
If I had three wishes for
agriculture, the first would be for a deliberate technology redirection from
mono-cropping to multiple cropping and its corollary policy shift from rice
self-sufficiency to raising farmers’ incomes (07 January 2018 column).
Our most serious long term
physical constraint in agriculture is very low per capita availability of farm
land. Our population continues to grow (latest estimate of 107 million) but our
available farm area of 10 million hectares is fixed and steadily diminishing
with farm lands being diverted into other productive uses like housing
subdivisions, industrial estates, and tourism destinations. This narrow farm
land to people ratio can only get worse over time.
But because of our humid tropical
climate we can grow crops all year round. With short maturing crops, quick
turnaround between crops with minimum tillage, and irrigation we can plant as
many as 3–4 crops a year in succession on the same piece of land. Currently, we
harvest 13 million hectares of crops every year out of our physical farm land
of 10 million hectares (cropping intensity of 1.30). Should we raise the
cropping intensity to 3.00–4.00 with multiple cropping, we will have farm
produce out of 30-40 million hectares instead of only 13 million hectares.
These additional harvest areas
will dramatically increase food supply and raise farmers’ income. This will
benefit both consumers (more supply and lower food prices) and producers (more
incomes and more employment per hectare).
The second wish is wider adoption
of contract growing as a business model to get around the inconvenient truth of
uneconomic small farms, which are getting smaller with each passing generation
(14 January 2018 column).
Our small farmers are not as
productive and as competitive with our ASEAN neighbors for three major reasons:
insufficient access to 1) modern productive technology, 2) timely and affordable
credit, and 3) fair markets. All government rural development programs had been
directed towards alleviating these three shortcomings. But sadly to date with
limited access.
However, there is a neat way of
simultaneously overcoming these limitations, and with little cost to government
— by contract growing. Small farmers are organized to supply the raw material
requirements of agribusiness integrators (food processors, exporters,
institutional buyers, wholesalers and/or supermarkets) for a mutually agreed
price which is higher than what farmers usually get in the open market. In
order to assure themselves of product quality as well as volumes and times of
delivery, the integrators advance seeds, breeding stock, fertilizers, feeds,
other inputs to the contract growers. The costs of these inputs are charged to
the products the farmers deliver to the integrators. The integrators, likewise,
deploy agriculture technicians and veterinarians to assist the growers and
thereby reduce the vulnerability of farmers to production risks.
We have successful contract
growing arrangements for broilers, bananas, pineapple, papaya and Virginia
tobacco. The farmers obtain better and assured prices for their produce while
the integrators are able to secure their raw material supply. With the further
liberalization of trade, our food and beverage industries have to shape up for
the coming competition from our ASEAN neighbors. Securing their supply chains
of quality and competitively priced raw materials through contract growing is
the way forward. We should promote the contract growing business model to cover
other commodities like they do in Thailand.
But the most formidable hurdle
integrators face in contract growing, is the difficulty in bringing the small
farmers together. Government, particularly the local government units (LGUs),
is in best position to organize the farmers and their cooperatives. And the
better way to accomplish this is by the one-town-one-product approach (OTOP)
being championed by the Department of Trade and Industry (DTI) to promote small
and medium scale enterprises in the country side.
My third, and last, wish for
agriculture is a thorough corporate make-over of the Department of Agriculture
(DA), its structure, operations and human resources profile. Weaknesses have
crept in in the governance of the Department over the years. Time to right the
ship.
Although there are many other
significant institutions/stakeholders/players responsible for agriculture, the
single most important entity is the DA. All efforts therefore must be made to
enable DA to accomplish its responsibility of providing strategic direction and
coherence to agriculture and fisheries development, and the monitoring and
evaluation of programs on the ground.
The detailed wish list is long.
Some could take long because they involve restructuring and would require
legislation. But many others are programmatic and are within the preview of
executive authority by the President or at the department level.
Structural Reforms:
1.
Most importantly, make the DA
whole again. Return National Food Authority (NFA), National Irrigation
Administration (NIA), the Philippine Coconut Authority (PCA) and the Fertilizer
and Pesticide Authority (FPA) to DA. The Secretary of DA cannot be fairly held
accountable for the performance of the sector without these important agencies
under his supervision and control.
2.
But spin out Bureau of Fisheries
and Aquatic Resources (BFAR) into a stand-alone Department of Fisheries and
Aquatic Resources (DFAR). With our vast water resources, we have so much
potential in fresh water and marine industries. Sadly, focus on fisheries is
lost in the crop/livestock dominant orientation in DA.
3.
Reorganize Bureau of Plant
Industry (BPI), Bureau of Animal Industry (BAI) and Bureau of Soils and Water
Management (BSWM) as research institutes in the successful model of Philippine
Rice Research Institute (PhilRice) and the Philippine Carabao Center (PCC). The
original bureaus of DA have lost their momentum with their designation as staff
bureaus without line functions in the department reorganization in 1987. They
have ceased to be looked up to as professional, highly technical agencies of
government, unlike PhilRice and PCC.
4.
Reconstitute the Agricultural
Training Institute (ATI) into the old Bureau of Agricultural Extension (BAEX)
model will full mandate for extension, not only farmers training. Coherence and
central direction of agriculture extension were lost in the phase-out of BAEX
in the department reorganization of 1987.
5.
Partially amend the devolution of
agricultural extension services to the local governments, to provide that the
Provincial Agriculture Offices (PAOs) will have supervision and control over
the Municipal Agriculture Offices (MAOs). We went overboard in devolving
agricultural extension all the way down to the municipal level. The MAOs are
suboptimal operating units and are not large enough in terms of resources and
expertise.
The reform should include the
institutionalization of a progressive extension cost-sharing scheme between the
LGUs and the national government, with the national government assuming the
heavier burden vis-à-vis the 4th and 6th class municipalities
6.
For the Board of Trustees of
selected state colleges and universities (SUCs), one for each region, to
organize dedicated RURAL EXTENSION CENTERS with regular plantilla positions
(not just ad hoc and add-on responsibilities to faculty). The SUC rural
extension centers will provide farmers training and specialists training. They
will engage in extension materials development and applied research and provide
on-farm trials support to their respective DA Regional Offices and the
provinces in the region.
7.
This is not directed to DA itself
but to the credit requirements of small farmers and fisherfolk. That Land Bank
of the Philippines (LBP) be exempted for the next ten years from the regulation
requiring government-owned and controlled corporations (GOCCs) to remit half of
their earnings to the National Treasury. That these Land Bank earnings be
earmarked for subsidized lending to small farmers and fisherfolk.
Programmatic Reforms
1.
Develop with DTI and the private
sector, integrated industry road maps for major commodities, from production
all the way to processing and exports, complete with targets and timelines.
2.
Secure stakeholders support to
the DA programs. The successful prosecution of rural development programs
require the ownership and commitment of stakeholders, particularly the farmers
themselves and the agribusiness sector. The Agriculture Secretary no less
should preside over the meetings of the Agriculture and Fisheries Council. With
the Secretary’s presence, the farmers’ associations, agribusiness stakeholders
and the bureaus will not dare send in their subordinates and underlings.
3.
For DA and its agencies to obtain
ISO9000 certification for their operations.
4.
Re-orient agricultural research
and extension to farming systems, and multiple cropping.
5.
Continue investing in large
multipurpose dams for irrigation, domestic water consumption and power
generator. But embed small irrigation units in the large irrigation systems to
facilitate multiple cropping.
6.
Direct more efforts in
partnership with DTI, Department of Science and Technology (DOST) and SUCs, to
value-adding and processing, particularly at the village level.
7.
Adopt OTOP approach and the
contract farming business model in extension and rural industry promotion to
attain economies of scale, reduce transaction costs and closely link primary
producers to markets.
8.
Scale up and provide continuing
support for human resources development in DA and its agencies for:
·
graduate level training (Master
of Science and Doctor of Philosophy)
·
short-term, non-degree,
in-service specialists training
·
farmers and
farmer-leaders/scientists training.
*****
Dr. Emil Q. Javier is a Member of
the National Academy of Science and Technology (NAST) and also Chair of the
Coalition for Agriculture Modernization in the Philippines (CAMP). For any
feedback , email eqjavier@yahoo.com.
Tags: Agricultural Training Institute, Bureau of Soils and Water Management, Fertilizer and Pesticide Authority, multiple cropping, Municipal Agriculture Offices, My third wish for agriculture in 2018, National Irrigation Administration, Philippine Coconut Authority, Philippine Rice Research Institute, Provincial Agriculture Offices, Return National Food Authority, WHY
NOT?
https://business.mb.com.ph/2018/01/20/my-third-wish-for-agriculture-in-2018/
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Market Analysis by Players:
Ricela
Kamal
BCL
SVROil
Vaighai
A.P. Refinery
3F Industries
Sethia Oils
Jain Group of Industries
Shivangi Oils
Balgopal Food Products
King Rice Oil Group
CEO Agrifood Limited
Kasisuri
Surin Bran Oil
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Oryza Oil & Fat Chemical
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Jinrun
Shanxin
Jinwang
Kamal
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SVROil
Vaighai
A.P. Refinery
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Sethia Oils
Jain Group of Industries
Shivangi Oils
Balgopal Food Products
King Rice Oil Group
CEO Agrifood Limited
Kasisuri
Surin Bran Oil
Agrotech International
Tsuno Rice Fine Chemicals
Oryza Oil & Fat Chemical
Wilmar International
Wanyuan Food & Oil
Jinrun
Shanxin
Jinwang
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Market Analysis by Types:
Extraction
Squeezing
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Market Analysis by
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Cosmetic
Industry
Industry
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Rice Seed Market Growth by 2022: DuPont Pioneer, Bayer, Nuziveedu
Seeds
·
HTF MI presents an in-depth assessment of current Rice
Seed key market drivers, market size and trends and Global Rice Seed
opportunities, challenges, and restraints as well as key market segments,
technological updates, impact of any regulatory policies as well as key market
segments. The research study provides forecasts for Rice Seed investments
till 2022.
If you are involved in the Rice Seed industry or intend to be,
then this study will provide you comprehensive outlook. It’s vital you keep
your market knowledge up to date segmented by Application, Type and major
players. If you have a different set of players/manufacturers according to
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The Study is segmented by following Product Type: Long-Grain Rice,
Medium-Grain Rice & Short-Grain Rice
Major applications/end-users industry are as follows: Agricultural
Production & Scientific Research
Geographically, this report is segmented into several key
Regions such as North
America, Europe, China, Japan, Southeast Asia & India, with
production, consumption, revenue (million USD), and market share and growth
rate of Global Rice Seed in these regions, from 2012 to 2022 (forecast)
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Major companies covered in the report are 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, Win-all Hi-tech, Gansu Dunhuang Seed, Dongya Seed
Industry, Keeplong Seeds, Guangxi Hengmao Agricultural Technology, Opulent
Technology, Zhongnongfa, Anhui Nongken & Saprotan Utama
This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Global Rice Seed Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Global Rice Seed Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
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What will be the market size and
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New Project Investment Feasibility Analysis?
What are the key factors driving the Global Rice Seed market?
Who are the key market players and what are their strategies in the Global Rice Seed market?
What are the key market trends impacting the growth of the Global Rice Seed market?
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There are 15 Chapters to display the Global Rice Seed market.
Chapter 1, to describe
Definition, Specifications and Classification of Rice Seed, Applications of
Rice Seed, Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of Rice Seed, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes North America, Europe, China, Japan, Southeast Asia & India, Rice Seed Segment Market Analysis (by Type);
Chapter 7 and 8, to analyze the Rice Seed Segment Market Analysis (by Application) Major Manufacturers Analysis of Rice Seed;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type [Long-Grain Rice, Medium-Grain Rice & Short-Grain Rice], Market Trend by Application [Agricultural Production & Scientific Research];
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Rice Seed;
Chapter 12, to describe Rice Seed Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Rice Seed sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of Rice Seed, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes North America, Europe, China, Japan, Southeast Asia & India, Rice Seed Segment Market Analysis (by Type);
Chapter 7 and 8, to analyze the Rice Seed Segment Market Analysis (by Application) Major Manufacturers Analysis of Rice Seed;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type [Long-Grain Rice, Medium-Grain Rice & Short-Grain Rice], Market Trend by Application [Agricultural Production & Scientific Research];
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Rice Seed;
Chapter 12, to describe Rice Seed Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Rice Seed sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Thanks for reading this article;
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https://www.newsient.com/rice-seed-market-growth-by-2022-dupont-pioneer-bayer-nuziveedu-seeds/286332
Senior agriculture official warns rice import
could harm production
News Desk
The Jakarta Post
Jakarta | Mon, January 22, 2018 | 01:16 pm
The Agriculture Ministry's director general for
food crops has criticized the Trade Ministry’s decision to import rice, as the
country produced enough rice to meet local demand, and stressed that
importing the commodity could disrupt long-term rice production.
Food
crops director general Sumarjo Gatot Irianto stressed said on Sunday in Jakarta
that he could prove that Indonesia produced a sufficient amount of rice through
satellite images that showed the rice harvest across the country as well as the
dates of the rice harvest, reported by tempo.co.
Sumarjo
also criticized those who questioned the rice production data, saying that his
office had valid data.
“The
question is why the market experienced a shortage in rice when
distribution has been smooth and the harvest was huge,” he said.
He
suspected that the rice supply chain was disrupted, and
that relevant parties in the government should find a better solution for
easing the price hike rather than simply importing the commodity.
Sumarjo
said that importing rice as a solution would disrupt long-term rice production,
as it discouraged farmers from producing the commodity. “Don’t introduce a
solution for a short-term problem that will disrupt the
agricultural production system,” he added.
The
government decided on Jan. 11 to import 500,000 tons of rice through
the Trade Ministry, in an effort to ease increasing rice prices that
had exceeded the government's ceiling prices since last month. (bbn)
Rice tariff seen to mitigate TRAIN
impact on inflation
(The Philippine
Star) | Updated January 21, 2018
- 12:00am
In a press briefing, BSP Deputy Governor Diwa Guinigundo said
the rice tariffication bill pending in both houses of Congress could become a
“game changer” that would help lower prices of rice, and thus overall
inflation. File
MANILA, Philippines — The passage
of a bill which seeks to remove the quantitative restrictions (QR) on rice
imports could lower inflation by one percentage point and offset the
inflationary impact of the tax reform law, an official of the Bangko Sentral ng
Pilipinas (BSP) said.
In a press briefing, BSP Deputy
Governor Diwa Guinigundo said the rice tariffication bill pending in both
houses of Congress could become a “game changer” that would help lower prices
of rice, and thus overall inflation.
“This will have a very positive
effect on inflation management. Because based on our initial forecast, if
Congress is able to pass this tariffication bill, it will slice off about one
percentage point from inflation. Why? Because rice is nine percent of the total
consumer basket,” Guinigundo said.
Under the new bill, the government
will lift the QR imposed on rice imports, and increase its tariff to 35
percent.
Earlier, Finance Undersecretary and
chief economist Gil Beltran said lifting the QR on rice, in favor of imposing
higher tariff, would encourage traders to import the commodity and allow the
influx of cheaper rice into the domestic market.
He said this would cut the retail
price of rice by as much as P7 per kilogram, and generate P27.3 billion in
additional revenue in the next six years.
Meanwhile, Guinigundo said the
downward effect of the rice tariffication bill on inflation could also serve as
a mitigation against the upward inflationary impact of the Tax Reform for
Acceleration and Inclusion (TRAIN) Act.
Earlier, the BSP said it expects
the TRAIN to raise inflation by less than one percentage point.
As such, the central bank earlier
announced an inflation forecast of 3.4 percent in 2018 and 3.2 percent in 2019,
Guinigundo said.
However, the BSP official said
there could still be downward adjustments in the inflation estimate due to the
final version of TRAIN and the lower revenue expected from the law.
“Our forecast was premised on about
P134 billion revenue potential revenue of the government. But I think right now
we’re talking of about P82 billion. So we are in fact, taking this into account
in formulating our forecast for 2018 and 2019. So, if at the beginning our
forecast was less than one percent, it could be even lower,” he said.
Guinigundo said the new adjustments
would be announced on Feb. 8, after the Monetary Board’s next policy meeting.
Republic Act 10963 or the TRAIN Act
aims to simplify the country’s tax system by lowering personal income tax
rates.
http://www.philstar.com/business/2018/01/21/1779727/rice-tariff-seen-mitigate-train-impact-inflation
Iran: ban on rice imports to be
lifted
(MENAFN) Iran's ban on rice has been lifted for five-month
period of time that starts from Sunday, according to Tasnim news.
The Islamic Republic of Iran Customs Administration (IRICA) has banned any registration for imports of rice from December 31, 2017 until further notice, IRNA reported.
"Regarding the mass imports of rice, more than one million tons, during the first five months of the current Iranian calendar year (March 21- August 22, 2017), which surpassed domestic consumption and pulled market into recession, no further order registration should be allowed," Agriculture Minister Mahmoud Hojjati wrote to Shariatmadari on December 20.
The Islamic Republic of Iran Customs Administration (IRICA) has banned any registration for imports of rice from December 31, 2017 until further notice, IRNA reported.
"Regarding the mass imports of rice, more than one million tons, during the first five months of the current Iranian calendar year (March 21- August 22, 2017), which surpassed domestic consumption and pulled market into recession, no further order registration should be allowed," Agriculture Minister Mahmoud Hojjati wrote to Shariatmadari on December 20.
Pakistan earns
$881m from rice exports during July-Dec
Masroor
Afzal Pasha
Karachi
The exports of rice registered a significant surge of 29 percent
or 1.9 million metric tons earning an amount of $881 million for national kitty
during the period July-December of current financial year.
The Senior Vice Chairman Rice Exporters Association of Pakistan (REAP) Rafique Suleman informed the media here on Saturday that during the period of July-December, the rice exporters have witnessed a significant surge in exports of rice as compared to same period of last financial year.
During the period, the exporters have dispatched a total of 1.9 million metric tons of rice exports grabbing an amount of $881 million for national kitty. During the last fiscal year, about 1.64 million metric tons of rice amounting to $682 million was exported from the country registering an increase of 29 percent in values and 15 percent in quantity, he informed.
He informed that Indonesia has also floated a tender for procurement of big quantity of rice and two Pakistani companies are also included in successful bidders.
He hoped that this year, we set the target to export more than 4 million metric tons of rice from the country and will be able to achieve $2 billion marks. He appreciated the federal government efforts and especially Pakistan High Commission at Nairobi for their excellent support to handle the recent issue against Pakistani rice exporters.
Kenya is the largest buyer of Pakistani rice and during last six months of the current fiscal year (July to Dec 2017-18). The exporters have dispatched 240,000 metric tons of rice amounting to $85 million, he said, adding that there is a need to focus on the issues and problems in the rights direction.
He urged to rectify all issues among rice exporters and government officials to make a strategy for the betterment of rice exports of the future.
He has shown concern over the decline of exports to China, which was the second largest Pakistani rice importer as, at the end of December 2017, only 174,000 metric tons of rice valuing $56.8 million were dispatched from the country.
He urged the government authorities to take serious notice and urgent measures as well as steps to improve the rice exports to China.
Rafique said Pakistani basmati rice will get a significant boost which was facing severe decline since last three years in Iran and Saudi Arabia who were the major buyers of Basmati Rice.
He hoped that after resolving issues related to the payment problems and banking channel with Iran, it will increase Pakistani rice exports.
He informed that the demand for rice has increased in the international market and rates of Pakistani Rice are cheaper than our countries like Thailand and Vietnam. Most of the international buyers are keen to buy Pakistani rice due to its competitive rates. The REAP is hopeful that this year, we will witness a substantial growth in Pakistani rice exports.
Rice exporters are also doing extraordinary efforts for fetching foreign exchange for the country and investing in modern rice processing machinery for value addition of rice.
The Senior Vice Chairman Rice Exporters Association of Pakistan (REAP) Rafique Suleman informed the media here on Saturday that during the period of July-December, the rice exporters have witnessed a significant surge in exports of rice as compared to same period of last financial year.
During the period, the exporters have dispatched a total of 1.9 million metric tons of rice exports grabbing an amount of $881 million for national kitty. During the last fiscal year, about 1.64 million metric tons of rice amounting to $682 million was exported from the country registering an increase of 29 percent in values and 15 percent in quantity, he informed.
He informed that Indonesia has also floated a tender for procurement of big quantity of rice and two Pakistani companies are also included in successful bidders.
He hoped that this year, we set the target to export more than 4 million metric tons of rice from the country and will be able to achieve $2 billion marks. He appreciated the federal government efforts and especially Pakistan High Commission at Nairobi for their excellent support to handle the recent issue against Pakistani rice exporters.
Kenya is the largest buyer of Pakistani rice and during last six months of the current fiscal year (July to Dec 2017-18). The exporters have dispatched 240,000 metric tons of rice amounting to $85 million, he said, adding that there is a need to focus on the issues and problems in the rights direction.
He urged to rectify all issues among rice exporters and government officials to make a strategy for the betterment of rice exports of the future.
He has shown concern over the decline of exports to China, which was the second largest Pakistani rice importer as, at the end of December 2017, only 174,000 metric tons of rice valuing $56.8 million were dispatched from the country.
He urged the government authorities to take serious notice and urgent measures as well as steps to improve the rice exports to China.
Rafique said Pakistani basmati rice will get a significant boost which was facing severe decline since last three years in Iran and Saudi Arabia who were the major buyers of Basmati Rice.
He hoped that after resolving issues related to the payment problems and banking channel with Iran, it will increase Pakistani rice exports.
He informed that the demand for rice has increased in the international market and rates of Pakistani Rice are cheaper than our countries like Thailand and Vietnam. Most of the international buyers are keen to buy Pakistani rice due to its competitive rates. The REAP is hopeful that this year, we will witness a substantial growth in Pakistani rice exports.
Rice exporters are also doing extraordinary efforts for fetching foreign exchange for the country and investing in modern rice processing machinery for value addition of rice.
Rice tariff seen to mitigate TRAIN
impact on inflation
(The Philippine
Star) | Updated January 21, 2018
- 12:00am
In a press briefing, BSP Deputy Governor Diwa Guinigundo said
the rice tariffication bill pending in both houses of Congress could become a
“game changer” that would help lower prices of rice, and thus overall
inflation. File
MANILA, Philippines — The passage
of a bill which seeks to remove the quantitative restrictions (QR) on rice
imports could lower inflation by one percentage point and offset the
inflationary impact of the tax reform law, an official of the Bangko Sentral ng
Pilipinas (BSP) said.
In a press briefing, BSP Deputy
Governor Diwa Guinigundo said the rice tariffication bill pending in both
houses of Congress could become a “game changer” that would help lower prices
of rice, and thus overall inflation.
“This will have a very positive
effect on inflation management. Because based on our initial forecast, if
Congress is able to pass this tariffication bill, it will slice off about one
percentage point from inflation. Why? Because rice is nine percent of the total
consumer basket,” Guinigundo said.
Under the new bill, the government
will lift the QR imposed on rice imports, and increase its tariff to 35
percent.
Earlier, Finance Undersecretary and
chief economist Gil Beltran said lifting the QR on rice, in favor of imposing
higher tariff, would encourage traders to import the commodity and allow the
influx of cheaper rice into the domestic market.
He said this would cut the retail
price of rice by as much as P7 per kilogram, and generate P27.3 billion in
additional revenue in the next six years.
Meanwhile, Guinigundo said the
downward effect of the rice tariffication bill on inflation could also serve as
a mitigation against the upward inflationary impact of the Tax Reform for
Acceleration and Inclusion (TRAIN) Act.
Earlier, the BSP said it expects
the TRAIN to raise inflation by less than one percentage point.
As such, the central bank earlier
announced an inflation forecast of 3.4 percent in 2018 and 3.2 percent in 2019,
Guinigundo said.
However, the BSP official said
there could still be downward adjustments in the inflation estimate due to the
final version of TRAIN and the lower revenue expected from the law.
“Our forecast was premised on about
P134 billion revenue potential revenue of the government. But I think right now
we’re talking of about P82 billion. So we are in fact, taking this into account
in formulating our forecast for 2018 and 2019. So, if at the beginning our
forecast was less than one percent, it could be even lower,” he said.
Guinigundo said the new adjustments
would be announced on Feb. 8, after the Monetary Board’s next policy meeting.
Republic Act 10963 or the TRAIN Act
aims to simplify the country’s tax system by lowering personal income tax
rates.
http://www.philstar.com/business/2018/01/21/1779727/rice-tariff-seen-mitigate-train-impact-inflation
gun’s MITROS rice pyramid and its
critics
Jan 20 2018 - 12:24pm
MITROS
rice pyramid and goundnut pyramid of the past
Amosun
launcches MITROS rice
By Ademola Adegbamigbe
On
21 December 2017, the Ogun State Governor, Ibikunle Amosun, launched a local
brand of Ofada rice tagged MITROS (Mission To Rebuild Ogun State) Ofada Rice.
At the occasion in Abeokuta, he said: “Our past efforts at tackling poverty in
all ramifications will amount to nothing if concerted efforts are not taken to
ensure food security to people at all income levels. This is why today is a
significant day, not just for Ogun State, but for Nigeria as well.”
It
is one of the efforts of state governments to achieve local production of rice
to put a stop to importation of the commodity. In that regard, Lagos and Kebbi
states, last year introduced LAKE rice, an acronym formed from the first two
letters of each of the two states. Then Ogun followed suit with, hopefully,
other states boarding the same train soon.
However
good the intention of the Ogun government is, critics went to town to criticise
MITROS rice launching, calling it padded pyramid. This is because the pyramid
was ‘built’ around wooden scaffolding, compared to the Kano groundnut pyramids
of those days.
Tunde
Akogun, a critic, wondered why Nigeria transmogrified from budget padding to
rice pudding! Salihu Olayinka Gegele asked: “Was the groundnut pyramids of kano
(of old) also built on wooden pads like this?” Yomi Ibiwoye also asked: “Why
can’t Amosun just put a wooden plank on ground and arrange the rice as would
be. Must there be a pyramid?”
Another
critic, Ihria ‘Ehi Enakimio, put it this way: “Deception is also when you give
the false impression that the quantity is more than it is! Is it possible to
load the bags with sand and claim rice? Of course! If you can lie about
quantity, why should I believe you won’t lie about content? The famous, now
historical groundnut pyramids, were NOT stacked on wooden frames!”
There
were howover those who were ready to swear by their grandfather’s beard that Amosun
meant well and that the wooden scaffolding was put to make the bags of form a
pyramidal shape. That is why Gabriel Ojo argued: “Don’t you think a pyramid of
this nature needs a wooden support?” Jesugbemi Ola Adeniran also supported the
governor: “Please does the under part have rice or not? Please is it possible
that the only way to get it into a pyramid shape is to have a frame around
which it’s built?”
Generally,
Adebiyi Gabriel Olajide-Mackson argued: “If we keep criticising ourselves
without offering any useful solution to ameliorate our suffering, too bad. If
the previous administrations had done a little like this, probably, we would be
at par with Taiwan or Thailand. Let’s makes our own contributions to the
development of this nation rather than finding faults. Thailand is complaining
about drop on rice exportation to Nigeria, yet we still don’t appreciate the
little efforts of this administration.”
To
Abdulhakeem Abiodun Saka Owolarafe, as the sale of MITROS rice to the public at
designated centres continues after it was launched, buyers have continued to
commend the State government for making the product available at reasonable
price.
Abduljabar
Ayelaagbe added his own homily, saying wrong insinuations bothering around
MITROS RICE has dominated social media space for some days but one wonders the
need for it.
“In
all honesty, one finds it somehow hard to come to terms as to what the
initiator of those negative campaigns tends to gain. First it was that the rice
didn’t exist at all that the rice that formed Pyramid were bought and re-bagged
and now that there was no rice but its sand that were being stuffed into the
bags and presented to the people as rice.
“I
was surprised seeing some people sharing or commending people that put those
falsified information up without taken their time to find out whether there was
rice or not. This is very disturbing in a state that is as educationally
advanced as Ogun State, its expected that we, at least, seek for right
information instead of joining people to spread wrong ones.
“I
am one of the young farmer that planted rice at Igbogila. I planted two
hectares of land. Some other people planted at Eegua while others planted at
Sawonjo. There are 5 to 10 people in each of the groups/cooperative we formed
depending on the capacities of members to deliver. Government did well by
allocating land to us, ploughed it, gave us rice seedlings, assisted us with
fertilizer and so many other things, all at highly subsidized rate to encourage
us. It may interest you to know that Government also bought the rice from us.
“The
only cost on us was those people we brought on board to assist us in planting
and do monitoring when we are not on the farm because of birds and some other
miscellaneous expenses.
“It
need be said that When I first got the information, I had even thought, I got
the opportunity given the privileged position I occupied as the Ogun State
Secretary of the National Youth Council of Nigeria but later find out it was
thrown open to all, with little condition that you take it in group/
cooperative to serve as means to charge us to get the work done on time. I
shared the information widely on many platforms but unfortunately not so many
people turned up, only for them to later realized that the project was real and
the government really meant well.
“Its
important our people seek for information instead of unnecessarily ditching out
wrong ones thereby misleading the public.
“As
a Stakeholder in Ogun State project from the youth sector, I think the Ogun
State government under the leadership of Senator Amosun need to be commended
for the initiative rather than all this one day one lie we read all around.
“The
reallocation of the land (second session), I was told by our Coordinator, will
soon start, if you’re interested in being a rice farmer, contact the people
incharge instead of unnecessarily disturbing the public peace. Abduljabar
Ayelaagbe is my name, a proud son of Ilaro Yewa.
http://thenewsnigeria.com.ng/2018/01/oguns-mitros-rice-pyramid-and-its-critics/
Local
rice production to increase owing to import restrictions
| January 20, 2018 11:33 am
Nigeria’s declining rice imports from major sources such as
Thailand and India has indicated the need to expand on efforts to empower more
farmers to cultivate the staple year-round, and also improving extension services
to offer the required support. The volume of rice exports to Nigeria from
Thailand, one of the world’s leading rice producers…
Revised
PTA will boost rice exports to Indonesia
ISLAMABAD: Pakistan will export 65,000 tonnes of
non-Basmati rice to Indonesia as part of the revised preferential trade
agreement (PTA).
Indonesia floated a tender in the current week for the
procurement of 500,000 tonnes of rice. As much as 84,000 tonnes are to be
sourced from South Asia.
Two Pakistani companies, facilitated by the Ministry of
Commerce and the Pakistan mission in Jakarta, were able to participate in the
bidding process. The bids were finalised on Jan 19.
As a result, these two companies secured an order for
65,000 tonnes of white rice out of a total regional quota of 84,000 tonnes. The
rest was given to an Indian company. “The Ministry of Commerce is hopeful that
the breakthrough made today would prove to be a milestone in tapping the huge
Indonesian white rice market,” said Commerce Secretary Younus Dagha.
Pakistan signed the PTA with Indonesia in 2012, which
became operational in the subsequent year. As a result, bilateral trade
witnessed a substantial increase, although it remains in favour of Indonesia. A
review of the PTA was initiated wherein, besides revising the agreement to make
it mutually beneficial, the issue of market access on rice was also taken up.
Consequently, the two countries signed a memorandum of understanding, which
envisaged sourcing of rice from Pakistan.
Mr Dagha said the Indonesian side has agreed to
immediately reduce the tariff to zero on 20 tariff lines of Pakistan’s prime
interest.
Major items are mangoes, broken rice, tobacco, yarn,
fabric, denim, garments, towels and bed. Indonesia’s global imports under these
tariff lines are around $600 million. This is sizeable market access
considering Indonesia’s very high tariffs on a number of these lines.
Indonesia has also relaxed its import restrictions on
kinno, allowing its import for four months as opposed to the earlier two months
to accommodate Pakistan’s concern. Besides this, mango has also been granted
market access at zero per cent duty for the entire season. This is the first
time Indonesia has opened the import of mango for any country.
In terms of the volume of trade, tariff lines offered
to Pakistan for preferential market access covered only 27pc in dollar terms in
2012. This percentage increased to 48pc and then slipped to 33pc in 2016-17.
This demonstrates that Pakistan’s request list to Indonesia didn’t contain
tariff lines of its prime export interest. For example, there are 24 tariff
lines in which Pakistan’s exports to Indonesia over the last five years have
been above $1m. Out of these 24 tariff lines, only four are covered under the
PTA.
Under the PTA, Pakistan offered preferential tariff to
Indonesia on 313 tariff lines, whereas Jakarta reduced tariff on 232 lines for
Islamabad. In spite of the PTA, Pakistan’s exports to Indonesia did not
increase. Only 32 out of 232 tariff lines included in Indonesia’s offer list
could be utilised. The rest of the tariff lines in the offer list remained
unutilised by our exporters. As a result, bilateral trade with Indonesia
increased from $1.23 billion in 2011-12 to $2.26bn in 2015-16.
The growth in bilateral trade was due to an increase in
Indonesia’s exports to Pakistan. Exports from Islamabad to Jakarta showed a
negative growth after the implementation of the PTA. Exports to Indonesia
declined from $196m in 2012-13 to $138m in 2016-17.
In order to implement market access granted on the 20
tariff lines, the two sides will be signing a protocol during the upcoming
visit of the Indonesian president as some of the articles of the agreements
require amendments. The Indonesian president, who will arrive on Jan
25, will also address a joint session of parliament.
https://www.dawn.com/news/1384025/revised-pta-will-boost-rice-exports-to-indonesia 2:00 AM, January 21, 2018 / LAST MODIFIED: 12:00 AM, January 21,
2018
Market manipulation to blame for spiralling commodity prices
Commodity
market manipulation has vicious consequences for the economy. Photo: Star/FILE
The overriding presumption in the
present situation has signalled towards the latent employment of market
manipulation methods and tactics.
Such a premise is not devoid of
facts; needless to say, in recent years, the edible oil market has phased
through inflated prices and rice millers have been blacklisted and fined
meagrely for deceitfully stockpiling this staple food.
This hoarding effect also propels
the incumbent government onto an uneasy platform, to discharge the heavy burden
of satisfying the hunger of those it governs through increased spending or
slashed tariffs.
As expected, market manipulation
not only damages market solidarity and integrity but has vicious consequences
on the economy and the government's policies and reputation at large.
Section 25(1) of the Special
Power's Act 1974 gives teeth to combat this malignant misconduct, it plainly
states that -- a person found guilty of the offence of hoarding can be punished
with rigorous imprisonment for a term not exceeding 14 years, life imprisonment
or at the discretion of the judge, death is also a potential avenue.
Although fines are a token of
legislative finesse, the gravity of these punishments alone should have been a
strong deterrent. Liability for hoarding is merely attracted by- 'stocking or
storing anything in excess of the maximum quantity of that thing allowed to be
held in stock or storage at any one time by any person by or under any
law'.
The physical proof required for the
foundation of potential charges have been difficult to satisfy due to
syndicated storage schemes; albeit, not wholly impossible.
However, logistically, relative
blameworthiness cannot be equal throughout the supply chain. A key factor for
commodities market manipulation in this scale requires the acquisition and/or
control of large resources so as to squeeze the market to create and sustain an
artificially engineered price, similar to the pumping and dumping methods in
stocks.
For commodities, it is highly
unlikely, though not improbable, that your common marketplace wholesalers or
retailers would have had such a sway over the market so as to manipulate it.
Fortunately, however, if they have
abetted these traders then section 25D of the same Act reserves for them a
punishment of equal scale.
For those that have become
sceptical of the 'slow' hands of justice, dread not. By virtue of section 32 of
the aforementioned Act, the specified offence is one that is cognizable. Under
section 54 of CrPC 1898, an overwhelming power has been bestowed on the police
to arrest without a warrant any person concerned and involved in any cognizable
offence provided a reasonable complaint has been made or credible information
is received or reasonable suspicion exists.
It cannot and must not be used as a
pre-emptive detention mechanism for the purpose of preventing a prejudicial act
before it has been committed. By all accounts, this often misused and abused
section is potentially useful here as a veiled threat to market manipulators.
In tandem with the police
authorities, it is the Bangladesh Competition Commission that was instituted
following the Competition Act 2012.
The said Act was promulgated with
the express view of counteracting a wider market abuse regime, namely
eradicating collusion in the markets and the abuse of one's dominant position
by limiting the market.
A contravention of the commission's
order can result in imprisonment or a fine not exceeding Tk 1 lakh for 'each
day' of non-compliance.
Nonetheless, Bangladesh still
requires a conjunct legal instrument for market manipulation and insider
trading so as to maintain a unified great wall against the broader and
principal financial market abusers.
Quite recently in 2016, the Market
Abuse Regulation (Regulation 596/2014) came into force in all member states of
the European Union. It aims to codify the definitions, guidelines, prohibitions
and accepted market practices with respect to insider information, insider
dealing, unlawful disclosure and market manipulation under the single banner of
the market abuse regulation.
Bangladesh is at a critical
juncture in all respects, Bangladesh Securities and Exchange Commission (BSEC)
is expected to be in the process of formalising a new commodities exchange
rules following the amendments in the Securities and Exchange (Amendment) Act
2012.
Notable efforts have already been
initiated to establish a working exchange—Bangladesh Jute & Commodity
Exchange Ltd (BDCOMEX)—but has stagnated owing to BSEC's approval.
Although an exchange is likely to
facilitate a more stable price discovery for commodities, it must be regulated
carefully. For the first time in 2015, The United States Commodity Futures
Trading Commission (CFTC) fined and pressed charges against Arya Motazedi for
front-running with non-public and confidential information, a form of insider
trading, in the commodities future market for oil and gasoline.
Therefore, if and when the
commodity exchange rules are formulated for a working exchange, strong emphasis
on the enhanced surveillance of commodities future market, mandatory
information disclosures to regulators and enforceable cash settlements should
be preserved as this sector is prone to distortion and market manipulation.
The writer is a financial crime consultant at WCC22, an
international firm specialising in white collar crime law. He can be reached at aishtiaq@wcc22.com.
Are You Eating Rice Cooked In An
Electric Rice Cooker? Be Alert!
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.
Rice Milk Market : Sales, Revenue and Market Share of Key Manufacturers
Rice
Milk market is forecasted to grow at CAGR of 15.47% from
2017-2021. The Rice Milk Market research report will educate buyers on the
past, current and anticipated market situations, market drivers, trends driving
it, and the challenges faced by the market.
Key
topics covered in the report: – Customer Landscape, Market Size, Vendor Landscape
and Analysis, Key Leading Countries, Market Opportunity, Drivers,
Challenges, and Trends.
Key
vendors engaged in Rice Milk Market: – DREAM, Pacific Foods,
Vitasoy, WhiteWave Foods, Costco Wholesale Corporation and many more.
Get
a Sample PDF of Report @https://www.360marketupdates.com/enquiry/request-sample/10533795
A
brief business overview and financial information about each of these players
have been provided in the Rice Milk market report. The Product
portfolio, Segment focus, Geographic focus, Business segments Organizational
developments, and Strength-weakness analysis of
every player has also been presented to assist the investors in developing an
understanding of the strategies of major players.
Market
driver
•
Rising levels of lactose intolerance
• For a full, detailed list, view our report
• For a full, detailed list, view our report
Market
challenge
•
Increasing popularity of other non-dairy milks
• For a full, detailed list, view our report
• For a full, detailed list, view our report
Market
trend
•
Consumer focus shifting toward organic variants of rice milk
• For a full, detailed list, view our report
• For a full, detailed list, view our report
Rice
Milk Market report will help the companies to gain knowledge about the target
population globally, and at a regional level. Key regions covered in the
report are: – Americas, Asia-Pacific (APAC) , Europe, Rest of the world
(ROW)
For
Pre-order inquiry, contact us @https://www.360marketupdates.com/enquiry/pre-order-enquiry/10533795
Rice
Milk Market Research report will help you understand
·
What will be the market size in
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·
How major trends and drivers will
push, and challenges will limit the Rice Milk industry’s growth?
·
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how to strategize accordingly.
·
The key vendors in this market
space and their market position.
·
The market opportunities and
threats faced by the key vendors.
·
What are the strengths and
weaknesses of the key vendors in Rice Milk market?
http://www.military-technologies.net/2018/01/20/rice-milk-market-sales-revenue-and-market-share-of-key-manufacturers/
India to resume Basmati rice
export to Iran
News ID: 4204929 - Sat 20 January 2018 - 15:05
TEHRAN, Jan. 20 (MNA) – According to AIREA, India
will resume Basmati rice export to Iran from the upcoming week.
The President
of All India Rice Exporters Association Vijay Setia said that the association
expects Iran to call for rice imports in January similar to last year. India
exports 4 million tons of rice to various countries the most important of which
are Iran, Saudi Arabia, Kuwait, the United Arab Emirates, the US and the UK. In
sum, 20% to 25% of Indian rice goes to Iran annually.
According to
Indian rice exporters, the price for rice in international markets has risen by
20% compared to the previous year.
The Executive
Director of AIREA R. Sundaresan said that Iran will probably issue the permit
for India to export rice to that country and added that the price for Basmati
rice in international markets is 900 dollars for 1,150 tons, a price which
is 15 to 20 percent more than last year.
He said that
the reasons for the increase in rice price are the poor rice harvest in India
and increase in crude oil price in international markets.
The domestic
demand for rice in Iran is estimated to be 2,400,000 tons, 1 million and 400
tons of which is supplied through domestic production and the rest through import
from numerous countries such as India, Pakistan, Uruguay and others.
Basmati rice,
which has created a profitable market for exporters, is one of the biggest
agricultural products in India, while Iran is one of the major consumers of
this product.
https://en.mehrnews.com/news/131429/India-to-resume-Basmati-rice-export-to-Iran
Iran to resume rice imports
TEHRAN, Jan. 20 (Xinhua) — Iranian Ministry of Agriculture will
resume order registration for rice importers from Jan. 21, Financial Tribune
reported on Saturday.
The order registration will be valid for a three-month period,
until June 21, extendable by a further one month, the report said.
Any rice shipments as per the new orders need to be cleared
through Iranian customs by July 22, after which all imports will be banned,
Agriculture Minister Mahmoud Hojjati was quoted as saying.
Every year during the rice harvest season, Iran’s government
bans rice imports in support of local farmers and domestic production.
Iranians consume 3.2 million tons of rice a year while domestic
production stands at 2.2 million tons
Annual rice forum kicks off
January 22, 2018
Chea Vannak / Khmer Times Share:
The annual rice forum starts in
Phnom Penh today, bringing together farmers, businesses and researchers for a
two-day event that seeks to find solutions to some of the sector’s most
pressing questions.
Bolstering local production,
researching and developing new rice varieties and expanding the market for
Cambodian rice abroad will be some of the most important topics on the event’s
agenda.
“The most important issues will
be meeting the demands of foreign markets. We have to change our ways and
switch to high-yielding varieties,” said Mr Hun Lak, vice president of the
Cambodia Rice Federation, the event’s organiser.
The forum will feature
presentations from rice-producing communities, rice millers, processing
factories and exporters, according to Mr Lak.
The first rice forum took place
in 2012. Since then, the sector has come a long way, said Mr Lak.
“When we started with these
forums, our exports were minimal and very few countries knew about us. However,
with each successive forum, we see how more and more countries are aware of
Cambodian rice and are buying our products.
“In the last two years, exports
of Cambodian milled rice have increased significantly. In 2018, we expect a
stable increase in our share of the international market.
“On top of this, the price of
rice continues to be good, with farmers happy because they are selling all the
rice they produce at a good price,” Mr Lak said.
Chan Sokheang, chairman of rice
exporting company Signature of Asia, said that the increase in the popularity
of Cambodian rice abroad was the result of the hard work of authorities and
businesses in the sector.
“In the last two years, we have
seen a lot of progress. Orders of Cambodian rice abroad have increased
substantially, and local output has also risen,” Mr Sokheang said, adding that
the forum is playing a key role in promoting Cambodian rice beyond the
kingdom’s borders.
During the event, rewards for
Best National Rice will be handed out in three categories: premium aromatic
rice, fragrant rice, and long grain white rice.
Malys Angkor, the first brand
name of Cambodian premium rice, will be formally launched during the event.
“It is great news to have a
formal brand name. We have to promote it intensely to increase the popularity
of Cambodian rice abroad,” Mr Sokheang said.
In 2017, Cambodia exported
635,679 tonnes of milled rice to international markets, an increase of 17.3
percent year-on-year.
http://www.khmertimeskh.com/50103442/annual-rice-forum-kicks-off/
Senior agriculture official warns rice import
could harm production
The Jakarta Post
Jakarta | Mon, January 22, 2018 | 01:16 pm
The Agriculture Ministry's director general for
food crops has criticized the Trade Ministry’s decision to import rice, as the
country produced enough rice to meet local demand, and stressed that importing
the commodity could disrupt long-term rice production.
Food crops director general Sumarjo Gatot
Irianto stressed said on Sunday in Jakarta that he could prove that Indonesia
produced a sufficient amount of rice through satellite images that showed the
rice harvest across the country as well as the dates of the rice
harvest, reported by tempo.co.
Sumarjo also criticized those who questioned
the rice production data, saying that his office had valid data.
“The question is why the market
experienced a shortage in rice when distribution has been smooth and the
harvest was huge,” he said.
He suspected that the rice supply chain was
disrupted, and that relevant parties in the government should find a
better solution for easing the price hike rather than simply importing the
commodity.
Sumarjo said that importing rice as a solution
would disrupt long-term rice production, as it discouraged farmers from
producing the commodity. “Don’t introduce a solution for a short-term
problem that will disrupt the agricultural production system,” he
added.
The government decided on Jan. 11 to
import 500,000 tons of rice through the Trade Ministry, in an effort to
ease increasing rice prices that had exceeded the government's ceiling
prices since last month. (bbn)
Annual rice forum kicks off
Chea Vannak / Khmer Times Share:
The annual rice forum starts in
Phnom Penh today, bringing together farmers, businesses and researchers for a
two-day event that seeks to find solutions to some of the sector’s most pressing
questions.
Bolstering local production,
researching and developing new rice varieties and expanding the market for
Cambodian rice abroad will be some of the most important topics on the event’s
agenda.
“The most important issues will
be meeting the demands of foreign markets. We have to change our ways and
switch to high-yielding varieties,” said Mr Hun Lak, vice president of the
Cambodia Rice Federation, the event’s organiser.
The forum will feature
presentations from rice-producing communities, rice millers, processing
factories and exporters, according to Mr Lak.
The first rice forum took place
in 2012. Since then, the sector has come a long way, said Mr Lak.
“When we started with these
forums, our exports were minimal and very few countries knew about us. However,
with each successive forum, we see how more and more countries are aware of
Cambodian rice and are buying our products.
“In the last two years, exports
of Cambodian milled rice have increased significantly. In 2018, we expect a
stable increase in our share of the international market.
“On top of this, the price of
rice continues to be good, with farmers happy because they are selling all the
rice they produce at a good price,” Mr Lak said.
Chan Sokheang, chairman of rice
exporting company Signature of Asia, said that the increase in the popularity
of Cambodian rice abroad was the result of the hard work of authorities and
businesses in the sector.
“In the last two years, we have
seen a lot of progress. Orders of Cambodian rice abroad have increased
substantially, and local output has also risen,” Mr Sokheang said, adding that
the forum is playing a key role in promoting Cambodian rice beyond the
kingdom’s borders.
During the event, rewards for
Best National Rice will be handed out in three categories: premium aromatic
rice, fragrant rice, and long grain white rice.
Malys Angkor, the first brand
name of Cambodian premium rice, will be formally launched during the event.
“It is great news to have a
formal brand name. We have to promote it intensely to increase the popularity
of Cambodian rice abroad,” Mr Sokheang said.
In 2017, Cambodia exported
635,679 tonnes of milled rice to international markets, an increase of 17.3
percent year-on-year.
http://www.khmertimeskh.com/50103442/annual-rice-forum-kicks-off/
Show-cause to
transporter for failing to deliver rice
January 21 2018
454 total views, 38 views today
Jajpur: Supply of rice under the public distribution system (PDS)
was disrupted in this district after a transporter assigned to supply 5,000
tonnes of rice from Bargarh did not turn up with full rice stock, a report
said.The Orissa State Civil Supplies Corporation (OSCSC) has issued a
show-cause notice to transporter Kuldip Kumar Gupta, proprietor of Sriram
Cattle Feed at Koksara in Kalahandi district, in this regard. The transporter
sent 40 truckloads of rice by Saturday while the rest of the
consignment was yet to arrive.
OSCSC general manager Santosh Kumar Dash, in his letter (1098
dated 18.1.2018), threatened to sue Gupta and asked him to reply within five
days failing which he has to forfeit the money deposited as security at the
time of signing the contract with the corporation. The Koksara transporter was
expected to supply the rice latest by January 20.
The delay has worsened the food situation in the district which
has been facing a severe shortage due to lack of enough food stocks.
Observers claim food scarcity has arisen due to rice procurement from outside
of the district and irregularities in paddy procurement.
This has happened due to a fall in quantum of paddy produced
here over the last several years. Moreover, lack of support from the millers
has worsened the situation.
The district administration has to procure five lakh quintals of
rice out of 10 lakh quintals it requires from western Orissa every year for
supply to BPL, Annapurna, Antyodaya and midday meal beneficiaries.
The Koksara transporter, apart from Jajpur, had also signed a
contract with Jagatsinghpur, Cuttack and Gajapati districts to procure rice
from Bargarh and Subarnapur districts and supply it at Rs 36.90 per km for a
quintal of rice.
Jajpur has to depend on other districts to meet its rice
requirement. The district procures 5 lakh quintals of rice that meets its
requirement for six months. It depends on other districts for another six
months.
Thus, the district has to spend more from its coffers to meet
the cost of transporting rice from other districts. Observers claimed the
district administration could have overcome the situation had it been able to
collect the total quantum of rice given to millers.
Also, the problem could have been avoided had the district
administration made efforts to extend the scope of irrigation to more land and
made sincere efforts in paddy procurement.
District civil supplies officer Surendra Kumar Hota said the
show-cause notice was issued as the transporter did not supply the full rice
stock as per the contract. PNN
http://www.orissapost.com/show-cause-to-transporter-for-failing-to-deliver-rice/ ONLY
Water, soil and pests hot topics at annual crop
management conference
·
By Ryan McGeeney U of A System
Division of Agriculture
·
Jan 20, 2018
·
About 450 attended conference
Agronomists,
entomologists and other experts delivered recent finding on current issues
Industry
updates are also part of annual meeting
NORTH
LITTLE ROCK — Hundreds of growers, consultants and other agriculture industry
professionals gathered this week in North Little Rock to learn about the latest
research and findings in soil health, pest management and other aspects of
modern farming in the state at the Arkansas Crop Management Conference.
Jason
Kelley, wheat and feed grains agronomist for the University of Arkansas
Division of Agriculture, said about 450 individuals attended the three-day
conference. Kelley also serves as treasurer for the Arkansas Crop Protection
Association, one of five institutions (including the Division of Agriculture)
responsible for presenting the conference
http://newtoncountytimes.com/news/water-soil-and-pests-hot-topics-at-annual-crop-management/article_64180752-fd39-11e7-a961-f3817197d970.html
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