Rice
Webinar: Thursday February 8
Tune in Thursday, February 8 at 10:00 a.m. Central Time, for a new
rice webinar hosted by Dr. Bobby Coats, with the Department of Agricultural
Economics and Agribusiness at the University of Arkansas. The Rice Trader CEO Jeremy Zwinger and
commodities expert Shawn Hackett provide their unique collective insight into
changing global weather patterns and its impact on commodity market outlook
considerations.
Go here to register for the webinar.
Louisiana Making a Mark in the Marketplace
"People want to know where their food comes from and many want to support local agricultural producers and locally owned businesses," Strain said.
Louisiana agriculture contributes $3 billion to the state economy, with approximately $300 million coming from rice, including related crawfish operations according to LDAF.
The program features a refreshed website, certifiedlouisiana.org, and new logos proclaiming products to be "Certified Louisiana," "Certified Cajun," "Certified Creole," and "Certified Farm to Table."
"Farmers and ranchers all across the country are proud of what they do and how they do it, and nowhere is that more true than here in Louisiana," said John Owen, a rice farmer in Richland Parrish and chairman of the Louisiana Rice Promotion Board. "I commend Commissioner Strain for reinvigorating this program and I encourage the eligible Louisiana rice brands to take advantage of this program to help raise awareness for all the good, delicious, safe rice we grow here."
Brands interested in participating in the program should contact the LDAF for more information.
Food security: local rice
production to the rescue
The involvement of states in rice production is boosting the
Federal Government’s policy on the diversification of economy from oil to solid
minerals and agriculture. DANIEL ESSIET writes on how local rice
production has not only reduced capital flight but crashed the price of the
commodity.
After training as an economist in
the University of Aberdeen, United Kingdom (UK), Rotimi Williams came to
Nigeria on a visit His destination was Nasarawa State, where he was attracted
to rice production. He decided to give it a try.
Today, Williams farm – Kereksuk
Rice Farm – is one of the largest commercial farms not only in Nasarawa State,
but in the country.
He explored technologies on how
to become a successful rice grower and since then, there has been no looking
back. Though he spends a lot on irrigation, he records good returns at the end.
Despite the hitches, including as
labour shortage, depleted soil cover, pest attacks and lack of marketing
infrastructure to sell the produce, he has become famous in rice production.
The collateral effect of the
unending clashes between itinerant herders and farmers in neighbouring Benue
State notwithstanding, Williams has become a part of the rice revolution in the
country.
The growing interests of
individuals and corporate organisations in rice production have a long-term and
sustainable future for thousands of young and old folks.
According to government sources,
about 15 million metric tonnes of rice were produced locally last year,
Making the claim at the
inauguration of the Rice Millers Association of Nigeria (RIMAN) in the state,
the Director of Agriculture in the Kano office of the Federal Ministry of
Agricultural, Muhammad Adamu, said that in Kano alone, 1.2 million metric
tonnes of rice was produced in 2016.
Although the Federal Government
has set a 95 per cent self-sufficiency target in rice, only 50 per cent of rice
consumption is currently being met locally.
A whopping N365 billion of the
government’s hard-earned resources goes into rice importation, The Nation learnt.
The question on the lips of many
is: “Why spend such huge amount of money on rice importation when the country
has the potential of growing enough rice to support her growing population and
generate surplus that can be exported?”
The tonnage of rice being
produced in the northern states of Katsina, Kaduna, Zamfara, Jigawa and Sokoto,
is insufficient for the estimated 180 million population.
But more states governments are
buying into rice farming, as some state governments have acquired thousands of
hectares of land to boost rice production in their respective domains.
The states include: Anambra,
Niger, Jigawa, Kebbi, Sokoto, Cross River, Ebonyi, Lagos, Delta, Kwara, Kogi,
Anambra and Ogun.
As of the last count, only two
out of the 36 of states are yet to embrace rice production. Many of the states
now plant thrice yearly.
Kano
Governor Abdullahi Umar Ganduje said
his administration is proritising rice cultivation. He told reporters in a chat
of his plan to replace the age-long groundnut pyramids with rice pyramids.
Besides, rice, Ganduje assured
his administration will continue to provide the right environment to encourage
massive production of rice, wheat and tomatoes.
He assured that rice farmers
would be provided with said with incentives to increase production.
Kebbi
In the Northwest state of Kebbi,
rice production has become a success story. The government has earmarked about
N10 billion for the establishment of a rice mill. The production capacity
of the proposed mill is 100,000 tonnes annually. It will be complimented with
silos with capacity to store 18,000 tonnes of paddy and a warehouse for storing
additional 12,000 tonnes of paddy.
The facilities are expected to
generate direct and indirect employment for 3,500 people and its procurement
will reach out to 50,000 farmers.
Katsina
Going by its claim, Katsina State
Government has sunk N200 million into rice and cotton production under the
Anchor Borrowers Programme.
Governor Aminu Masari’s Special
Adviser on Agriculture, Dr. Abba Abdullahi, told reporters in Katsina:
“We have rice and cotton farmers that collected the CBN loan under the Anchor
Borrowers Programme to boostrice and cotton production and the programme needs
supervision.
“We used the funds to supervise
and inspect all the rice and cotton farms in the 34 local government areas of
the state.
Ogun
Ogun State Commissioner for
Agriculture, Mrs Adepeju Adebajo identified agriculture as one of Governor
Ibikunle Amosun administration’s cardinal programme.
She said a lot of investment had
gone into the sector since the inception of the administration.
According to her, the
administration is encouraging the production of indigenous variety OFADA. She said the government will
leave no stone unturned to promote and improve the production of OFADA brand.
The commissioner added that the
production of Nerica 8 and Faro (short and long grains) varieties would be promoted to
domesticate in the Gateway State, the Economic Recovery Growth Plan (ERGP)
launched last year by the Federal Government to reboot the economy.
The state, through direct
intervention and assistance from development partners including: World Bank
through FADAMA and the International Fund for Agricultural Development (IFAD),
assisted Value Chain Development Programme (VCDP), has recorded a quantum leap
in rice production.
Apart from the direct public
sector supported intervention, the efforts of other private sector smallholder
farmers in various farmlands across the state have all contributed to the
success story.
Imo
The Imo State government is
taking a cue from Lagos State as it has announced a plan to go into a
partnership with Kebbi State. Its Governor Rochas Okorocha said that such
partnership has become imperative to tackle the prevailing economic situation.
According to him, the partnership programme would majorly be in rice
production.
LAKE Rice
The brand name is derived from
the partnership between Lagos and Kebbi states. At the inception of his
administration, Governor Akinwunmi Ambode struck a a rice production deal with
his Kebbi State counterpart, Atiku Bagudu. The result of the Memorandum of
Understanding (MoU) signed by the two states in Lagos on March 23, 2016, on the
production and distribution of rice, is the LAKE Rice which has become a
household name in Centre of Excellence and some parts in the Southwest.
At the signing, Governor Bagudu
said: “Nigeria cannot afford to continually depend on imported rice. What we
are doing is to pioneer a collaboration that will bring other states on board
later as we believe that our potentials are enormous and we must have
pacesetters to start that process of joint collaboration for our collective
good.”
His host said: “Lagos is the
largest consumer of food commodities in the country by virtue of its large
population. The state has the market with the required purchasing power. The
state has an estimated consumption of 798,000 metric tons of milled rice per
year which is equivalent to 15.96 million of 50 kilogram bags with a value of
N135 billion per annum.
“We have the economic prowess to
produce rice locally. The era of imported rice is gone. The reality is for all
of us to embrace the consumption of local food and commodities. Lagos State
presently consumes 6,000 heads of cattle daily which may increase to 8,000 in
the next five years.”
Anambra
The story has changed for Anambra
State, which was producing only 80,000 metric tonnes of rice per annum. “We
have since tripled that production volume”, Governor Willie Obiano said,
adding “from a yield of 244,235.25 metric tonnes of rice that we achieved in
2016, we have increased our production output to 322,000 metric tons per annum.
“With this achievement, we have
effectively surpassed our annual consumption figure of 320,000 metric tons in
the state. We are not relenting. We are waiting for more investors. The
Committee on Land Acquisition has earmarked 67,000 hectares of land that will
be given out to big farmers who want to set up large mechanized farms in
Anambra State.”
Kogi
The Kogi State government has
renewed its commitment to embrace the Federal Government’s policy on
agricultural revolution policy. It Governor Yahaya Bello said the commitment
has begun to yield positive results, assuring that its rice will soon bridge
the gap between demand and supply across the nation.
Bello’s media aide Kingsley Fanwo
said in Lokoja during an appraisal of the state government’s agricultural plan
that “we are poised to strengthen our lead in cashew production as well as take
over the leading role in cassava and rice production, because of our
comparative advantage in these crops. Kogi State has declared a state of
emergency in the agricultural sector long before the unstable revenue
generation in the state. The visionary administration has placed agriculture on
the front burners of its economic prosperity plan known as the New Direction
Agenda.
“A massive revolution is going on
across the state in the area of rice production. Kampe Omi Dam Project is
breathing down on the leading rice producers in the country. Our rice
mill is near completion and by the end of the year, the nation will be shocked
by the magnitude of work put in place to ensure rice sufficiency in the
country.
“We are also working on the Ibaji
Rice Farm, which has the potential of causing a revolution in the nation’s rice
production. We attach great importance to the value chain and the multiplier
effect agriculture can have on the economy of our dear state.”
Ebonyi
Ebonyi produces over 1.2 million
tonnes of rice annually. The state has 72, 000 hectares for rice plantation
with a target of six tonnes per hectare production.
The government said it has
borrowed N10 billion from the Federal Government to finance agricultural
activities.
Its Governor Dave Umahi said the
loan would be used to support farmers, especially, those involved in rice
production.
He said the state plans to
establish mega rice cities in the various local government areas to boost rice
production.
Umahi said: “We want to
domesticate rice production in Ebonyi State and we are going beyond individual
production.
“We are now beginning to see how
we can institute what we call rice mega cities in each local government area
where by we have 5,000 hectares of land dedicated for rice production in each
of our local government areas.
“Already, we have four rice mills
that are in operation and you also see private people that are milling with
their traditional machines. We are planning to cultivate 100,000 hectares of
land to produce 400,000 tonnes of rice in the next two years.
Benue
The Benue State government
accounts for 1.5 million metric tonness of rice to reduce the national rice
consumption deficit of 4.3 million metric tonnes.
Governor Samuel Ortom said the
state is working to meet the national food supply needs.
Nasarawa
The Nasarawa State government is
collaborating with the Pakistani Government on the production of basmati rice production and new
rice seedlings have been procured from Pakistan.
Governor Umaru Tanko Al-makura
broke the news at the fifth combined convocation of Nasarawa State University.
He said: “New rice seedlings from Pakistan have been procured and I have
already directed the commissioner of agriculture to start experimenting on the
possibility of Nasarawa becoming a basmati rice producer as our efforts to add
value to the system.”
The power of commercial rice production
Farmers in Kebbi and Lagos are
leading the way in commercial rice production, benefiting from new seedlings
and marketing opportunities that have helped them to overcome climate stresses
and fend for their families.
The partnership between the
states has helped rice farmers to adopt better crop varieties, use water more
efficiently and adapt to climate change.
It has also promoted post-harvest
technologies like rice milling and packaging, processing activities and
stronger links with input dealers and micro-finance institutions.
The project gives households
opportunities to raise their income by developing new rice-based products like
rice flour and husks for fuel and exploring the use of rice in fortified foods,
including vitamin-rich cereals.
With renewed government interests
in the rice production sector in recent years, Lagos has the potential of becoming
a rice granary.
But, making this a reality
requires the strengthening of rural infrastructure including roads, irrigation
and milling and processing facilities, as well as boosting the farmers’ ability
to market their produce.
Impact of states’ involvement
The President, Rice Farmers
Association of Nigeria, Aminu Goronyo, said annual rice production in Nigeria
has increased from 5.5 million tonnes in 2015 to 5.8 million tonnes in 2017.
He said that in 2015, Nigerians
spent below N1 billion on rice consumption, adding that while spending has
drastically reduced, consumption had increased because of increased local
production of the commodity.
“The consumption rate now is 7.9
million tonnes and the production rate has increased to 5.8 tonnes per annum.’’
Goronyo said, adding “the nation
is making reasonable progress”.
According to him, the annual rice
production in Nigeria has increased, attributing it to the CBN’s Anchor
Borrowers Programme(ABP) with a total of 12 million rice producers and four
million hectares of FADAMA rice land.
Since the introduction of the
programme, many states have created economic linkage between smallholder
farmers and reputable large-scale processors, thereby increasing agricultural
outputs and significantly improving capacity utilisation of processors.
To stakeholders, the involvement
of states in rice farming could take millions of Nigerians out of poverty and
reposition the economy.
Speaking on the development, the
Project Director of Cassava Adding Value for Africa Phase II (CAVA II) Project,
Prof. Kolawole Adebayo, predicted an overall increase in rice production.
He said: “Younger and
commercially-oriented farmers will be encouraged to go into rice production.
Nigeria‘s rice production potential will be boosted. Value chain opportunities
supporting rice production will also contribute to the nation’s economy.”
Mandate for growth
According to the National Bureau
of Statistics (NBS), the value of importation has declined by 83 per cent
within the last three years from N107.7 billion in 2014 to 17.9 billion in
2016, NBS data state.
The numbers of rice mills (both
integrated and cottage) have increased by more than 50 per cent as the
government and private sector continue to make more investments in processing.
The average crop yield per
hectare of the crop has risen from 2.5 metric tonnes per hectare to an average
of four and five metric tonnes of the same acreage, owing to renewed government
commitment.
The Anchor Borrowers’ Programme
The ABP, launched by President
Muhammadu Buhari on November 17, 2015 in Kebbi State, is targeted at creating a
linkage between anchor companies involved in the processing and SHFs of the
required key agricultural commodities.
The fund was from the N220
billion Micro, Small and Medium Enterprises (MSMEs) Development Fund. The ABP
evolved from series of consultations with stakeholders, comprising federal
ministry of agriculture and rural development, state governors, millers of
agricultural produce and smallholder farmers to boost agricultural production.
Goronyo said that under the ABP,
RIFAN in the next 24 months would commence rice importation to West African
countries as the necessary arrangements had been put in place.
He said: “For self-sufficiency,
adequate and enough paddy for production ABP, which started in Kebbi state has
been extended to 26 states. As a step further, RIFAN is in collaboration with
some agencies to replicate the CBN APB programme in some states to increase
production.’’
Local rice production: $600 million saved
A whopping $600 million (about
N216 billion) is believed to have been saved from the importation of rice alone
from Thailand and other countries since the nation’s domestic mass production
flooded the markets under the ABP.
Agriculture & Rural
Development Minister Audu Ogbeh said rice imports from Thailand had dropped
from 644,131 metric tonnes to about 21,000 metric tonnes between September 2015
and September last year.
Echoing him, Information Culture
& Tourism Minister Lai Mohammed, said: “In fact, the Thailand Rice
Exporters Association has recently revealed that within a spate of just two
years – From September 2015 to September 2017 – Nigeria’s rice importation
dropped from 644,131 Metric Tonnes to just about 21,000MT.
“There is more good news to
report: As a result of this administration’s success in local production, some
investors from Thailand have shown interest in establishing rice milling plants
in Nigeria, and this is sure to further boost rice production in Nigeria.
“Four investors from Thailand are
already in discussion with the Federal Ministry of Agriculture to establish
rice milling plants in Nigeria.
“You must understand that the
investors from Thailand are here because they have lost over 600000 metric
tonnes of imported rice into the country and it is a good decision to
participate in what is happening here.
“A few years ago, this would not
have been possible since Nigeria was not considered a top rice producing
country. Today, Nigeria is one of the largest producers of rice.”
The United States Department of
Agriculture (USDA) predicted Nigeria’s rice imports to fall by 500,000 tonnes
to 2.5 million tonnes in 2016, from the previous year’s imports of three
million tonnes. The USDA post also forecast that rice imports will drop further
by 400,000 tonnes to 2.1 million last year.
The challenges
It is not yet Uhuru for local
rice production. The bottlenecks at the ends of the production chain have not
been totally eliminated.
Early Arkansas rice growers faced challenges: Part I
Early
Arkansas rice producers faced significant challenges
If you drive across the Grand
Prairie of Arkansas you might get the impression the area has always looked
like that – thousands and thousands of acres of rice fields stretching as far
into the horizon as you can see.
But the story of how the Grand
Prairie region came to be “the Rice Capitol of the United States” is much more
complicated than that, including a series of fits and starts that might have
discouraged less resilient men – and women – than the pioneers of the rice
industry in Arkansas.
Richard Morris, a fourth generation rice farmer from Carlisle,
Ark., discussed the struggles of the early days of rice in Arkansas in this first
of a series of videos from a presentation at the 2018 Arkansas Soil & Water
Education Conference at Arkansas State University in Jonesboro, Ark.
http://www.deltafarmpress.com/rice/early-arkansas-rice-growers-faced-challenges-part-i
Indonesia's Bulog signs contracts
for 281,000 T of rice imports
Kitco News
Share this article:
By Bernadette Christina Munthe
JAKARTA, Feb 7 (Reuters) -
* Indonesia state food procurement
agency Bulog said in a statement on Wednesday it has signed contracts with six
companies for 281,000 tonnes of rice imports.
* Bulog will import 141,000 tonnes
from Vietnam, 120,000 tonnes from Thailand and 20,000 tonnes from India, it
said.
* The Indonesian government issued
a permit in January for 500,000 tonnes of rice imports to improve local
supplies and cool prices. * Bulog was in talks with eight companies for the
supply of 346,000 tonnes of grain, for arrival in Indonesia by Feb. 28, after
an international tender in January * However, several suppliers from Pakistan
dropped out during price negotiations, Bulog corporate secretary Siti Kuwati
said in the statement on Wednesday, citing "time constraints".
(Reporting by Bernadette Christina
Munthe; Writing by Fergus Jensen, Editing by Sherry Jacob-Phillips)
Disclaimer: The views expressed in this article are those
of the author and may not reflect those of Kitco Metals Inc. The
author has made every effort to ensure accuracy of information provided;
however, neither Kitco Metals Inc. nor the author
Governor: Negros Occidental
has enough rice supply
Wednesday, February 07, 2018 By ERWIN P. NICAVERA NEGROS Occidental
Governor Alfredo Marañon Jr. on Tuesday, February 6, allayed concerns on
reports of decreasing supply of rice in the province. He said the province has
sufficient rice supply since production, particularly the yield per hectare,
has also been increasing. “The previous damage and losses brought by pests and
calamities, which cannot be avoided, won’t hurt much our local production,”
Marañon said, adding that “there is nothing to worry about.” Earlier this
month, the National Food Authority (NFA) reported that tight supply is driving
up prices of commercial rice in Negros Occidental. Marianito Bejemino,
provincial manager of NFA-Negros Occidental, said that based on the agency’s
latest monitoring, there was a prevailing increase of P2 to P4 per kilogram in
the prices of commercial rice sold in local markets. He attributed the tight
supply to low production since some of the rice farms in Panay Island were
damaged by typhoons and flooding during the later part of last year. Like in
Metro Manila and other provinces, the NFA-Negros Occidental also noted a “thin”
supply of NFA rice among market retailers. It is because the agency is
currently calibrating the supply of the P27 per kilogram government rice since
there is no scheduled importation yet. Bejemino pointed out that the administration’s
strategy now is importing the right volume at the right time. “We still have
ongoing harvests while waiting for the importation in April, and the available
supply of NFA rice among retailers in the market is just enough to meet the
requirement,” he added. NFA-Negros Occidental records showed the province’s
current inventory of NFA rice is about 10,000 bags. Additional stocks of 25,000
bags from Cebu are still up for delivery this week. Net exporter Marañon said
the Provincial Government continues to work on making Negros Occidental a net
exporter of rice. In fact, the province is already exporting “first class rice”
when the National Government itself is still importing rice, he said. “We have
one farmer here who supplies Japanese rice in Manila, his clients are Japanese
restaurants there,” Marañon said, adding that this is on top of organic rice
being exported also by some local farmers. The Office of the Provincial
Agriculturist is still consolidating the data to determine the province’s total
rice production as well as its sufficiency level last year. In 2016, rice
self-sufficiency level of Negros Occidental was pegged at 97 percent, according
to the defunct Department of Agriculture-Negros Island Region. The governor
said that among the efforts to boost rice production and sufficiency level
include provision of more irrigation and other support services. More farmers
are now converting to rice from sugar, Marañon said, adding that there are
local farmers that produce seven metric tons per hectare, higher than the
national average yield of 4.2 metric tons. “Time will come that we will no
longer import, we are getting there,” he added.
Economic body to press Ledac on rice
tariffication
THE
National Economic and Development Authority (NEDA) said it would ask the
Legislative-Executive Development Advisory Council (Ledac) to push for the
quick passage of the proposed shift to rice tariffication to mitigate
inflationary pressure.
The
proposal to amend the Agricultural Tariffication Act, which seeks to lower the
prices of rice, was passed recently in the House of Representatives but is
pending in Senate.
“Though
it is already part of the Ledac’s priority bills, we will reiterate its
passage,” Socioeconomic Planning Secretary Ernesto Pernia told reporters on the
sidelines of the 45th anniversary celebration of NEDA.
“One way
to temper inflation is to mitigate inflationary pressures, like shifting to
tariffication. We expect tariffication to lower prices of rice,” he said.
The country’s headline inflation accelerated to 4 percent in January, the highest in more than three years, due to the impact of the first round of tax reform and higher fuel and food prices.
Through
an amended to Agricultural Tariffication Act, quantitative
restrictions (QR) on rice imports will be replaced with tariffs. This is
expected to stabilize the country’s rice supply and lower the price of rice.
NEDA has
said that at least 39 rice-producing areas will continue to be competitive
even if tariffs were imposed on rice imports and quantitative restrictions
were lifted.
The
Bangko Sentral ng Pilipinas (BSP) said rice tariffication would help
mitigate the impact of tax reform on consumer prices, with the measure seen to
lower inflation by about 1 percentage point.
According
to the Department of Finance, lifting the QR on rice imports could slash retail
prices of the staple by as much P7 per kilo. MAYVELIN
U. CARABALLO
·
BSP seen
hiking key rates after Jan inflation hit 4%
February 6, 2018
Inflation rate in January
accelerated to 4 percent, the fastest in three years, raising expectations
among analysts that the Bangko Sentral ng Pilipinas (BSP) would soon hike key
policy rates.
The January inflation reported by
the Philippine Statistics Authority (PSA) on Tuesday touched the upper end of
the government’s target range of 2 percent to 4 percent for 2018 and BSP’s
forecast of 3.5 percent to 4 percent. This is the fastest growth of consumer
prices since October 2014, when it hit 4.3 percent.
“The higher January reading was
expected by the BSP although it is at the top end of our forecast for the
month. Due mainly to the combined first-round effects of TRAIN [Tax Reform for
Acceleration and Inclusion], oil prices and food to some extent,” Espenilla
said.
“We think these are temporary
drivers of inflation and would eventually stabilize,” he added.
Espenilla, however, seemed to
have shifted to a stance that seems to favor a rate hike, saying the “BSP will
be closely monitoring the situation” and will “stand ready to take timely
action based on our evaluation of all relevant data.” The BSP is set to
meet for its first monetary-policy meeting on February 8.
ING Bank Manila economist Joey
Cuyegkeng said the likelihood of a tightening move at Thursday’s meeting has
“increased significantly.” “We are now looking at advancing the timing of our
rate hikes and are reviewing our two-rate hike forecast for 2018,” Cuyegkeng
said.
Singapore-based DBS Bank
economist Gundy Cahyadi also said earlier the BSP may hike its policy rate this
week to curb inflationary pressures.
“Second-round effects are still
to be determined by regulators. Second-round effects are likely to push
inflation higher within the year, which could push inflation to breach the
upper end of the forecast range for some months of 2018,” Cuyegkeng said.
“We think that the BSP would need
to anchor inflation expectations. Aside from second-round effects from the
initial increases in excise taxes, further increases in excise taxes in 2019
would keep inflation elevated,” he added.
The BSP’s current monetary
setting is at 3 percent for its main policy rate.
Mitigation measures
The government must hasten the
delivery of its unconditional cash transfer (UCT) program so poor Filipinos
will be able to cope with the inflationary impact of the tax-reform law,
according to the National Economic and Development Authority (Neda).
The Neda also urged lawmakers to
prioritize the tarrification of rice imports to make the country’s rice supply
stable and competitive. This after food and nonalcoholic beverages, which
accounted for 39 percent of the consumer basket, accelerated by 4.5 percent in
January, from 3.5 percent last December.
The index for alcoholic beverages
and tobacco surged to a double-digit annual markup at 12.3 percent, from last
year’s 6.4 percent.
“The push in inflation is partly
due to TRAIN, considering particularly the excise on fuel and additional sin
taxes,” Socioeconomic Planning Secretary Ernesto M. Pernia said.
Pernia noted, however, that the
effects of the TRAIN will be “minimal and temporary.”
Roehlano M. Briones, senior
research fellow at the Philippine Institute for Development Studies, agreed
with Pernia.
He added this will not carry on
as a trend this year, as the TRAIN’s effect will soon be stabilized. “I might
be wrong, but I don’t expect this trend to continue.
I think it is a temporary blitz
driven precisely by expectations of higher prices brought about by TRAIN,”
Briones told the BusinessMirror.
Eventually, consumers will
already factor in the additional taxes slapped by TRAIN. After that, everything
will be stable again, “and the normal trend kicks in,” Briones said.
Pernia called for the
streamlining of the distribution of assistance under the UCT program. “With the
initial inflationary effects of TRAIN, we must ensure faster provision of
financial assistance through the unconditional cash transfer program.”
The UCT program is the
government’s mitigating measure to help poor Filipinos cope with the impact of
the implementation of the TRAIN law. Under this, the poorest 10 million
households will receive P200 monthly this year and P300 monthly in 2019 and
2020.
Pernia also called on lawmakers
to tarrify rice imports to stabilize the country’s rice supply and lower the
price of rice. “When the quantitative restrictions are replaced by tariffs, the
government will also be better able to help enhance the country’s
competitiveness and productivity in agriculture.”
“Revenues from tariff on imported
rice will be used to finance government programs for agriculture,” Pernia
added.
Kazakhstan stepping up rice production and exports
06.02.2018
According to the Statistics Committee of Kazakhstan, 185.7 KMT
of rice was produced in the country in 2017, or 3.3% more than in the previous
year, reportsUkrAgroConsult.
Kazakh rice growing is concentrated mostly in Kyzylorda region.
Rice plantings in the region totaled more than 90 Th ha in 2017 that is up 10
Th ha from 2016. The rice crop in the region amounted to 174.9 KMT (+3.1%).
Rice production and processing are an agriculture development
priority for the region. The promising destinations for rice supplies include
Iran, which imports up to 3 MMT of rice a year, but no Kazakh rice has been
shipped there over the recent years. The main end markets for Kazakh rice are
Tajikistan, Ukraine, Mongolia, Afghanistan, Turkmenistan and Azerbaijan.
Noteworthy is that, due to growth of rice production in the
country, this crop’s exports have already increased noticeably this season.
Kazakhstan exported 25 KMT of rice for the first four months in MY 2017/18
(September-December), or 63% more than a year ago.
http://www.blackseagrain.net/novosti/kazakhstan-stepping-up-rice-production-and-exports
January inflation hits 4% due to
2017 typhoons; TRAIN effect minimal
By Leslie Gatpolintan, Philippine News Agency on February 7,
2018
MANILA— The country’s inflation rate accelerated to 4 percent in
January 2018 from 3.3 percent the previous month, on the back of higher food
and non-food prices as spill-over effects of successive typhoons in 2017, state
economists reported on Tuesday.
The Philippine Statistics
Authority (PSA), an attached agency of the National Economic and Development
Authority (NEDA), attributed the uptrend mainly to the higher annual increment
in the heavily-weighted food and non-alcoholic beverages index, which rose by
4.5 percent from previous month’s 3.5 percent.
The food and non-alcoholic
beverages segment constitute 39 percent of the consumer basket.
The faster price adjustments,
especially for fruits and corn, can be partly traced to the lingering effects
of successive typhoons that occurred in the last quarter of 2017.
The PSA said the index for
alcoholic beverages and tobacco -comprising only 2 percent of the consumer
basket – also rose by 12.3 percent in January 2018 from 6.4 percent in December
2017.
As inflation rate reached the
upper band of the government target, the NEDA underscored the need for the
country to ensure mitigation measures were in place to cushion the transitory
inflationary impact of the Tax Reform for Acceleration and Inclusion (TRAIN)
law.
It noted that equally important
were vigilant price monitoring and prompt action to curb profiteering.
“The push in inflation is partly
due to TRAIN, considering particularly the excise on fuel and additional sin
taxes,” NEDA Director General and Socioeconomic Planning Secretary Ernesto
Pernia said in a statement.
Pernia reiterated, however, that
the effects of the TRAIN, which overhauled the country’s tax system for the
first time in two decades, would be minimal and temporary.
The first package of TRAIN
reduced the income taxes of 99 percent of the country’s income taxpayers.
The NEDA official also stressed
the need to help the poorest 50 percent of Filipino households cope with the
transitory impact of TRAIN on prices.
“With the initial inflationary
effects of TRAIN, we must ensure the faster provision of financial assistance
through the unconditional cash transfer (UCT) program,” said Pernia.
He also reiterated the agency’s
call to replace quantitative restrictions on rice imports with tariffs to
stabilize the country’s rice supply and lower the price of rice.
Over the medium term, the
fast-tracked infrastructure development in the next few years, including
reforms in the energy sector, would ease electricity prices, added Pernia.
Meanwhile, among other non-food
commodities that posted higher inflation were transport (3.2 percent from 2.4
percent); restaurant, miscellaneous goods, and other services (3.7 percent from
3.0 percent); health (2.6 percent from 2.2 percent); and furnishings, household
equipment, and routine maintenance of the house (2.0 percent from 1.9 percent).
The prices of housing, water,
electricity, gas, and other fuels, which account for about 22 percent of the
consumer basket, slightly eased to 3.7 percent from 3.8 percent in December
http://www.canadianinquirer.net/2018/02/07/january-inflation-hits-4-due-to-2017-typhoons-train-effect-minimal/
February 6, 2018 2:15 pm JST
Vietnam's rice paddies offer Japan's farmers chance to grow
Local cultivation in emerging Asian markets proves cheaper than
exports
HIDEKI SHINOHARA, Nikkei staff writer
A woman wearing a traditional hat sits in a rice field outside Hoi
An, Vietnam. © Reuters
NIIGATA, Japan -- Japan's rice farmers are venturing into the rest
of Asia to grow their crops locally. Supported by an increase in the number of
Japanese restaurants across the region, the farmers are teaming up with locals
to apply their expertise, hoping to ride the strong brand power that Japonica
rice enjoys.
The trend lets locals indulge their taste in high-quality Japanese
rice without paying stratospheric prices for imported versions, as some wealthy
Chinese are doing.
In mid-November, Ofukuro Tei, a Japanese restaurant in Hanoi, began
selling rice grown in Vietnam but developed by Japanese rice producer Ajichi
Farm. Three types of rice -- Akisakari, Koshihikari and Hanaechizen -- were
selling for about 500 yen ($4.41) per 2kg, less than half the price of the
export variety.
Ajichi Farm, based in Fukui Prefecture, started test cultivation
last spring, setting up Inakaya, a joint venture with a Vietnamese agricultural
corporation in autumn. The company has started growing rice in Nam Dinh
Province, about 100km southeast of Hanoi.
Due to higher temperatures than in Japan, the company decided to
double-crop rice in February-June and July-November. It has also chosen
suitable varieties like Koshihikari. Inakaya will use a local partner's
facilities to dry and polish the rice.
Rice grown by Fukui-based Ajichi Farm is sold at a Japanese
restaurant in Hanoi in mid-November.
Takenori Ito, CEO of Ajichi Farm, visited Vietnam almost every
month to ensure that strict soil management and other cultivation technologies
were being implemented. The company also had Vietnamese managers visit paddy
fields in Fukui.
Ajichi Farm faced a number of problems, such as rice grains not
developing properly, due to differences in weather between Japan and Vietnam.
According to Ito, this is not an insurmountable problem, and he noted,
"Local farmers know how to grow rice, so we can [help them] grow Japanese
varieties."
Starting last summer, Ajichi Farm increased rice acreage in Vietnam
from 1.5 hectares to 10 hectares and started selling its product in the
country. "We want to tap the Vietnamese market using the brand power of
Japanese rice," said Ito. The company aims for annual production of 10,000
tons and annual sales of 2 billion yen.
The growing popularity of Japanese food has prompted Japan's
agricultural corporations and food-processing companies to boost their rice
production in other Asian countries. There were about 69,300 Japanese
restaurants in Asia in 2017, up 50% from 2015, according to data from the
Ministry of Agriculture, Forestry and Fisheries.
"Ajichi Farm's rice is cheaper and of better quality than rice
imported from Japan," said Keiichi Miyata, president of Japanese
restaurant Ofukuro Tei. "We will serve it at our restaurant if we can
purchase it in bulk."
Forrest Laws
What to expect from Arkansas long
grain rice plantings
Arkansas’
2018 long grain rice acreage needs to remain in a range 1,086,750 to 1,173,000
acres (2017 = 945,000) or a 15 percent to 24.1 percent increase over 2017
harvested acreage and many would say that is not going to happen.
A question often asked: What is
my 2018 Arkansas long grain rice harvested acreage expectation?
As an economist with no new
demand expectations, Arkansas’ 2018 long grain rice acreage needs to remain in
a range 1,086,750 to 1,173,000 acres (2017 = 945,000) or a 15 percent to 24.1
percent increase over 2017 harvested acreage and many would say that is not
going to happen. Some suggest 1,250,000 harvested acres, others 1,350,000 acres
and even others 1,400,000-plus, all of which requires a new demand source to
market, a disruptive weather event, or some anomaly event to generate increased
demand for our U.S. long grain product .
Remember 2016/17 marketing
year long grain price: USDA’s 2016/17 farm market long grain rice price was
$9.61 per cwt. or $4.32 per bushel. Reality is, with no new demand if 2018
Arkansas long grain rice harvested acreage exceeds a 15 percent increase over
2017 acreage or 1,086,750 acres, one should consider the possibility of
increasing downward pressure being placed on long grain rice prices, so plan or
manage your price risk accordingly.
Consider the following: Since
2009, U.S. and Arkansas rice harvested acreage has cycled from one year
over-planting to the next year under-planting for varying reasons.
Between 2009 and 2010, U.S. long
grain rice harvested acreage was up 24.8 percent, and price dropped from $12.90
per cwt to $11.00 per cwt., and during the same period Arkansas long grain rice
acreage increased by 27.7 percent.
Between 2011 and 2012, U.S. long
grain rice harvested acreage was up 13.8 percent and price rose from $13.40 per
cwt to $14.50 per cwt., and during the same period Arkansas long grain rice
acreage increased by 28.6 percent.
Between 2013 and 2014, U.S. long
grain rice harvested acreage was up 24.3 percent, and price declined from
$15.40 per cwt to $11.90 per cwt., and during the same period Arkansas long
grain rice acreage increased by 33.2 percent.
Between 2015 and 2016, U.S. long
grain rice harvested acreage was up 30.0 percent, and price declined from
$11.20 per cwt to $9.61 per cwt. and during the same period Arkansas long grain
rice acreage increased by 32.4 percent.
U.S. Rice Long Grain Rice
Harvested Acreage
Year US Acreage
Percent Change
·
2009
2,265,000
·
2010
2,826,000
24.8
·
2011
1,739,000
-38.5
·
2012
1,979,000
13.8 t
·
2013
1,767,000
-10.7
·
2014
2,196,000
24.3
·
2015
1,848,000
15.8
·
2016
2,403,000
30.0
·
2017
1,748,000
-27.3
Arkansas Rice Long Grain Rice
Harvested Acreage
Year
Ark. Acreage Percent Change
·
2009
1,245,000
·
2010
1,590,000
27.7
·
2011
910,000
-42.8
·
2012
1,170,000
28.6
·
2013
950,000
-18.8
·
2014
1,265,000
33.2
·
2015
1,050,000
-17.0
·
2016
1,390,000
32.4
·
2017
955,000
-31.3
What does history tell us?
If history is a guide, then
once again Arkansas rice producers are likely positioned to overplant long
grain rice in 2018, believing their greatest profit or least lost is with rice
over some alternative combination of soybeans, corn or wheat.
Overproduction is not a problem
unique to rice, but quite the opposite. Across most commodities overproduction
is chronic, due in large part to the deflationary economic times and a
masterful use of technology by most commodity sectors to achieve higher yields
and/or production.
Healthiest
Commodity Sectors
Economically, the
healthiest commodity sectors are the ones that have moved aggressively to limit
supply or create enough market uncertainty as to be supportive of price, with
oil being by far the best example in 2017 going into 2018. To be fair, oil and
similar commodity sectors are also the most highly structured and politically
active.
Why the large swings in
long grain rice production?
·
In late fall and early
winter, when many rice planting decisions are made, all too often, too much
emphasis is placed on market signals from the futures market for the next
marketing period. Rice has established a cycle of a high production year
followed by a low production year, and, granted, weather has played a major
role in determining actual harvested acres. Now as we move closer to planting
2018 long grain rice, the 2018 marketing year futures market is increasingly
flashing a caution signal implying increasing concern about 2018 U.S. long
grain rice over-production.
·
Collectively,
Arkansas producers with assistance from the private and public sector are
masters of rice production.
·
Significant
Arkansas farmland resources are presently better suited to a rice and soybeans
rotation or soybeans complimenting rice production than soybeans or corn
substituting for rice. In coming years, as demand for more Arkansas soybeans
and corn production increases, many additional land resources will be developed
to easily rotate and adjust to market signals, which will help relieve the
tendency to overplant long grain rice.
·
Some landowners
simply stipulate a certain percent of their land will be planted to
rice.
Conclusion: Arkansas has
1,928,095 long grain rice base acres and 154,856 medium grain rice base acres
or 2,082,951 total base acres. There is no one in the rice market that does not
respect Arkansas rice producers’ ability to produce long grain and medium grain
rice.
Chronic commodity overproduction
is a sign of the deflationary times in commodity sector after commodity sector.
This is economically destabilizing for many farms and businesses within each
sector, which is just a reality.
Soybeans, corn, and wheat, given
global economic stimulative conditions, appear to be in a bottoming and basing
process. If 2018 long and medium grain rice harvested acreage and production
can remain closely tied to demand, then maybe we can say the same thing about
rice, but then just maybe a new demand emerges. I sure hate to rely on
hope.
Inspections to deter rice
hoarding pushed
Tuesday, February 06,
2018 By PJ ORIAS RICE traders may have to open their warehouses to inspectors
from the City Price Coordinating Council (CPCC) to answer reports of rice
hoarding, a Cagayan de Oro City councilor said. Councilor George Goking said he
ask the City Council to convene rice retailers in the city this Friday to shed
light on reports of rice hoarding purposely done to manipulate prices of the
staple food. In a visit to the National Food Authority- Northern Mindanao
Office, Goking said the CPCC saw enough rice supply for the city and said
reports of a shortage may be due to alleged hoarding. "There is no
shortage, we really did an inspection to look into these allegations. But now
that we saw there is no shortage and hoarding in their part, we will now call
on the sellers maybe they are the ones holding the rice supply," Goking
said. The CPCC is set to conduct surprise inspections to rice retailers to put
the hoarding issue to rest. The move is also in response to Senator Nancy
Binay's statement that the NFA rice shortage is real and is raising prices of
the staple food. "We want to make sure we have enough and affordable rice
especially with the threat of rising prices because of the TRAIN law,"
Goking said. But CPCC chairman lawyer Edgardo Uy meanwhile clarified that while
basic price commodities are expected to shoot up with the new tax reform law,
Cagayan de Oro is still exempted as the price freeze is still in effect.
However, the price freeze in the city is only until February 20. The price
freeze was immediately implemented after the city was devastated by Typhoon
Vinta last December. The prevailing price for rice is still at P45 to P50 per
kilo, depending on its quality, but with the tax reform, a P2 to P3 per kilo
increase could be noted. "For now, we are still at normal prices, we
haven't monitored major price increase of basic commodities so far," Uy
added.
http://www.sunstar.com.ph/cagayan-de-oro/local-news/2018/02/06/inspections-deter-rice-hoarding-pushed-587626
http://www.sunstar.com.ph/cagayan-de-oro/local-news/2018/02/06/inspections-deter-rice-hoarding-pushed-587626
California rice growers hear from national leader
California
rice growers will have chance later this year to elect one of their own to lead
USA Rice board
USA Rice Chief Executive Betsy
Ward told a combined audience of about 200 California rice growers at meetings
in Yuba City and Colusa that efforts to open Chinese markets to U.S. rice will
take time.
Ward said the efforts of U.S.
Agriculture Secretary Sonny Perdue to open those markets was welcome, but now
the devil is in the details as China wants U.S. rice mills to answer
“intrusive” questions that have nothing to do with phytosanitary issues.
Matters like this could affect
more than rice as Ward believes hostile trade discussions between the two
nations could spill over into other commodities.
She also mentioned USA Rice hopes
the United States remains a member of the North American Free Trade Agreement
(NAFTA) because of the importance of rice exports. Sound trade agreements are
vital for U.S. rice growers because of the “unfair competition” within global
rice markets, she said.
On a national level rice acreage
has fallen, and with it the income USA Rice receives through assessments.
“The range of issues doesn’t
change, but we have to tighten our belts as you do the same,” she said
referring to soft grower prices for rice.
She referenced opportunities for
medium and short-grain rice out of California, particularly in Japan as
consumers there appear to favor California rice. USA Rice currently supports a
Japanese Free Trade Agreement with the same meaningful market access objectives
under the former Trans Pacific Partnership.
Ward briefly discussed the
success of the rice PAC, currently chaired by California rice grower Sean
Doherty, and reported that in the decade since she has been at the helm of USA
Rice, PAC funds have increased four-fold – 31 percent since Doherty has chaired
the committee.
Ward also informed the California audience that later this
summer the U.S. rice industry will have an opportunity to choose a California
rice producer to chair the national organization after the term of the current
board chairman expires.
PH to import 250K tons of rice
By RAYMOND AFRICA
February 07, 2018
Malacañang has approved the importation of 250,000 metric tons
(MT) of rice in a bid to address the shortage in the inventory of the National
Food Authority (NFA).
Presidential spokesman Harry Roque quoted Cabinet Secretary Leoncio Evasco Jr., head of the NFA Council, on the approval.
“He (Evasco) said the situation is under control. There is a standby order for 250,000 metric tons of rice. We will not allow our inventory to be depleted,” Roque said.
NFA spokesman Becky Olarte was quoted on Monday as saying the agency only has 65,200 MT of rice in its inventory which would last for only two days.
The NFA is required to have a 15-day buffer stock at any given time.
NFA attributed the depletion of stocks to the relief operations to families affected by calamities,
Presidential spokesman Harry Roque quoted Cabinet Secretary Leoncio Evasco Jr., head of the NFA Council, on the approval.
“He (Evasco) said the situation is under control. There is a standby order for 250,000 metric tons of rice. We will not allow our inventory to be depleted,” Roque said.
NFA spokesman Becky Olarte was quoted on Monday as saying the agency only has 65,200 MT of rice in its inventory which would last for only two days.
The NFA is required to have a 15-day buffer stock at any given time.
NFA attributed the depletion of stocks to the relief operations to families affected by calamities,
http://www.malaya.com.ph/business-news/business/ph-import-250k-tons-rice
NFA rice situation ‘under control’ — Palace
MALACANANG assured the public on Tuesday that the rice situation
in the country was “under control” and that President Rodrigo Duterte has found
a “diplomatic solution,” amid fears raised on the possible shortage of National
Food Authority (NFA) rice in the market.
In a press conference, Palace Spokesman Harry Roque said Secretary
to the Cabinet Leoncio Evasco Jr., chairman of the NFA Council, gave assurances
that the government has enough standby rice stocks to address the shortage.
“Well, I just talked to Cabinet Secretary Evasco… he says the
(rice) situation really is under control,” Roque told reporters.
“There’s a standby order for 250,000 metric tons of rice. Of
course we will not allow our inventory to be depleted,” he said.
Roque made the statement after Sen. Nancy Binay lamented the
shortage on Sunday of NFA rice in the market, as she asked the Council to
address the “dwindling supply” of affordable rice.
Binay cited a report from the Philippine Statistics Authority
(PSA) showing prices of regular and well-milled rice rising by P1 to P3 per
kilo in six regional centers in the country.
“Kasama sa trabaho ng NFA ang siguruhin na mayroong sapat at
murang bigas para sa lahat, lalo na ngayong damang-dama ng ating mga kababayan
ang kakulangan sa NFA rice (It’s part of the NFA’s job to make sure that
there’s sufficient and cheap rice for everyone, especially now that our
countrymen are really feeling the shortage of NFA rice),” Binay said.
According to the senator, the NFA sells rice from P27 per kilo to
P32 per kilo, while commercial rice varieties of comparable quality are sold
from P36 per kilo to P41 per kilo.
During Monday’s press briefing, Roque said President Rodrigo
Duterte had employed a “diplomatic solution” to address the rice problem.
“I was not authorized to reveal what the President has done. But
the President has done a diplomatic initiative to address this. But without
authority, I cannot yet announce,” he said. CATHERINE S. VALENTE
http://www.manilatimes.net/nfa-rice-situation-control-palace/378556/
Conaway hopes Farm Bill is voted on
before end of March
House Agriculture Committee
Chairman Mike Conaway, R-Texas, hopes the new Farm Bill will receive a vote in
the House of Representatives before the end of March.
Conaway, who addressed the crop
insurance industry’s annual convention Feb. 5, said that timetable would leave
plenty of time to work out differences with the Senate version of the bill and
ensure new legislation is finalized before the Farm Bill expires at the end of
September.
“We will have difficult decisions
to make,” he said, noting that there is “no reason to put it off just because
[the debate] will be hard.”
Conaway said the bill leaving his
committee will include a strong crop insurance component, and he will work to
fight off attempts to weaken crop insurance.
“Our mantra is ‘don’t screw up
crop insurance,’” he explained.
Conaway’s support was music to
the ears of crop insurers, who believe their track record under the current
Farm Bill is noteworthy. Tom Zacharias, president of National Crop
Insurance Services, outlined these successes during his opening remarks at
the meeting.
“Farmers have spent nearly $15
billion in premiums since 2014,” Zacharias said. “They’ve also shouldered
more than $30 billion in deductibles.”
Because farmers pay into the
system, taxpayers aren’t left footing the whole bill after a disaster
strikes. That helps explain why crop insurance costs are below budget.
Congressional Budget Office
projections for crop insurance are down nearly $10 billion since the 2014 Farm
Bill was enacted.
Source: National Crop Insurance Services
House urged to look into rice-supply situation
February 6, 2018
A party-list lawmaker is asking
the House of Representatives to conduct an inquiry into the “true state” of the
country’s rice supply after the National Food Authority (NFA) announced that
its stockpile is good for only three days.
Party-list Rep. Gary
Alejano of Magdalo filed House Resolution 1648 on Monday after the
state-run food agency said it will no longer be able to sell
government-subsidized rice in some areas.
The NFA announced that its rice
buffer stock has gone down to some 93,000 metric tons (MT), enough to supply
the country’s requirement for three days. The volume, however, is less than the
15-day buffer stock mandated by the Legislative-Executive Development Advisory
Council.
The lawmaker said this admission
comes after they assured the public last month that they had enough stock to
distribute to accredited retailers.
“This, along with the steep price
of rice in the current market, displays severe inefficiency on the part of the
NFA. Further, this betrays their mandate of ensuring food security and stable
rice supply in the country,” he said.
“The shortage in supply of NFA
rice will certainly lead to a sudden increase in the price of rice in the
market, to the detriment of the Filipino people, as its availability is
expected to moderate the price of commercial rice sold to the public.
Presently, NFA rice sells at P27 per kilogram (kg) to P32 per kg, while
commercial rice varieties are sold at P36 per kg to P41 per kg,” Alejano added.
He said Filipinos purchase NFA
rice because it is cheaper. In the absence of government-subsidized rice,
Alejano said consumers would be forced to buy the more expensive variants.
“The prevalence of the problem on
maintaining a stable rice supply illustrates the lack of a strategy that would
address food security, one that would ensure the promotion and protection of
our domestic food production, and ensure the availability and affordability of
food to ordinary Filipino consumers,” Alejano said.
The Magdalo legislator added that
an investigation should be conducted to address possible rice shortage and
institute policies to improve production.
The NFA sought the permission of
the interagency NFA Council, the agency’s highest policy-making body, to import
250,000 MT of rice so it could beef up its stockpile but this was rejected by
the council.
“Through proper legislation,
remedial measures to address possible shortage and policies to improve domestic
rice production would surface. Ultimately, the goal is to develop an effective
strategy that would secure the country’s food supply for years to come,” he
said.
In a report released on January
31, the Philippine Statistics Authority (PSA) noted that the price of regular
milled, special and well-milled rice rose in a number of provinces.
“The price per kilogram of
special was priced higher by P1 in Batangas City and Legaspi City during the
[fourth] week of January,” the PSA report read.
“In Legaspi City the price for
well-milled rice picked up by P1 per kg during the period. Price mark-ups of
P1 and P2 per kg of regular milled rice were noted in Zamboanga City,
Butuan City and Batangas City,” it added.
DA prods DTI to
step in and put a cap on rice prices as NFA restricts supply to disaster zones
By Shyla Francisco, News5 | InterAksyon
| February 6, 2018,
7:15 PM
MANILA – The Department of
Agriculture is urging the Department of Trade and Industry to step in and put a
cap on rice prices in the market.
This is to prevent a hike in
commercial rice prices, as the National Food Authority (NFA) stops the
distribution of NFA rice in markets nationwide.
Currently, the NFA buffer stock
can last for two days and will be allotted to calamity-prone areas.
Despite this, Agriculture
Secretary Manny Piñol said the shortage of rice is limited to the NFA buffer
stock alone.
Current DA data show there are
still 3 million metric tons of rice available nationwide, which is good for 96
days.
“I have nothing against
importation; if it’s for NFA rice supply buffer stock, it’s okay,” Piñol said.
“Ang sinasabi nilang shortage ng NFA buffer
stocks, yung ating suplay ng bigas 3 milyon (metric tons) pa ang available; ang di
nagagamit good for 96 days. There is no reason to panic
because we’re expecting another harvest,” he explained.
“The DTI should come in and
really put a cap on the price of rice in the market; alam natin [we know the]
rule of thumb: buying price X 2 should be the price of rice in the market,”
said the DA chief.
Last week, Sen. Nancy Binay had
called out the NFA over the field reports indicating that NFA rice – which
ordinary, budget-conscious households rely on – was fast disappearing from the
market, and that the buffer stock policy was no longer being followed.
Her fellow senator, Cynthia
Villar who chairs the Agriculture committee, said Monday she was prepared to
spearhead an investigation into the matter on indications that some
unscrupulous rice players were behind an “artificial” shortage in order to jack
up prices.
http://www.interaksyon.com/da-prods-dti-to-step-in-and-put-a-cap-on-rice-prices-as-nfa-restricts-supply-to-disaster-zones/
Ministry
of Commerce expects higher prices for rice, fruit this year
PUBLISHED ON TUE,
FEB 6, 2018 10:15 AM
BANGKOK,
6 February 2018 (NNT) – Various farm goods have shown a tendency towards
stronger pricing this year, including Jasmine Rice, which is projected to be
priced at over 17,000 baht a ton.
Thailand's Ministry of Commerce has prepared a strategy for fruits, planning to propose this week or next that the Cabinet supports adding value to Thai fruits and stabilize their price.
Thailand's Ministry of Commerce has prepared a strategy for fruits, planning to propose this week or next that the Cabinet supports adding value to Thai fruits and stabilize their price.
The
proposal will include action plans and marketing strategies as well as a push
to make Thailand the world's fruit capital, positioning Thailand as a source of
high quality fruit. In anticipation of a large amount of fruit entering the
market in March, the strategies will be piloted in Chantaburi with a focus on
managing stocks.
The first fruits to receive particular attention will be durian, mangosteen and longan, which are in high demand abroad.
Demand for durian is expected to increase by 10-20 percent this year after erratic weather cut supplies. Major buyers such as China have already displayed a high level of competition to buy Thai durian.
The first fruits to receive particular attention will be durian, mangosteen and longan, which are in high demand abroad.
Demand for durian is expected to increase by 10-20 percent this year after erratic weather cut supplies. Major buyers such as China have already displayed a high level of competition to buy Thai durian.
https://news.thaivisa.com/article/15842/thai-commerce-min-expects-higher-prices-for-rice-fruit-this-year Myanmar to adopt genomic rice
breeding practices with JICA support
06
FEB 2018
Demand
for rice produced in Myanmar has risen to its highest level in 50 years in the
current 2017-18 fiscal year. Photo - Shutterstock
Japan International Cooperation Agency (JICA) and Myanmar’s
agricultural research department are set to implement a genomic rice breeding
initiative.
U Naing Kyi Win, director general of the Department of
Agricultural Research (DAR) under the Ministry of Agriculture, Livestock and
Irrigation (MOALI), and JICA signed a Record of Discussions (R/D) in Nay Pyi
Taw on January 30 to launch a five-year project to strengthen rice breeding
based on genomic technology. The representative from JICA was Kenichi Shishido,
director general of the DAR.
This JICA-funded project will introduce paddy genetic breeding
to the country in order to develop high-yield and pest and disease-tolerant
rice varieties.
In the five-year span, research institutions in both countries
will carry out joint activities to create promising rice lines suitable to
rain-fed lowlands and uplands, as well as to enhance Myanmar’s existing breeding
method. On the Japanese side, the agriculture faculty at Kyushu University and
the bioscience and biotechnology centre at Nagoya University are involved.
JICA Myanmar told The Myanmar Times that
agriculture is the most important sector for the country’s economy, and rice is
the main crop for the majority of the population as staple food of daily
consumption and as earning source of foreign exchange. Rice is the most
important cereal in terms of food security here as it supplies more than half
of the calories consumed by the national population. Hence scaling up rice
production is a priority for Nay Pyi Taw.
While numerous high-yield rice varieties suitable to arable land
have already been introduced, only 20 percent of Myanmar’s agricultural land
planted with rice is irrigated, according to data from MOALI as of 2012. In
order to secure stability in rice production, the sector should develop
varieties adaptable to unfavourable cultivation environments, such as rain-fed
lowlands. The project will employ DNA marker-assisted selection techniques in
rice breeding and upgrade those varieties by introducing traits such as disease
resistance and pest resistance. This approach will also be used to support the
development of promising lines even at the research farms located in rain-fed
lowlands and uplands.
As a result, new rice varieties, resistant to disease and
insects and having high yields even in environments such as rain-fed paddy
fields, will be created and widely used to improve the production level and
thus farmer income.
Myanmar is under the tropical monsoon climate. There is huge
potential in increasing production of paddy from the current level.
- JICA Myanmar
- JICA Myanmar
JICA Myanmar further added that the tropical monsoon climate
means a huge potential in increasing paddy production.
The country, as British Burma, was for one time the largest rice
exporter in Asia. Its rice export peaked during the 1930s, when the country
sold over 3 million tonnes abroad. But now the sector is severely short of
finance, expertise and machinery to modernise and reform. The productivity of
rice grain has lagged behind neighbouring countries for decades. This is mainly
due to low productivity from rain-fed lowlands which are said to account for 48
percent of Myanmar’s rice farms.
Currently, Nay Pyi Taw has earmarked efforts to build up
research capacity building, and upgrade irrigation facilities as well as other
production infrastructures, introduce agricultural machinery and fertiliser,
disseminate agricultural technologies and develop better rice varieties.
JICA Myanmar said that, beyond reforming the agriculture sector
to provide stability in supply for domestic demand, the project will help
expand overseas market and support the national rice export strategy.
Demand for rice produced in Myanmar has risen to its highest
level in 50 years in the current 2017-18 fiscal year, with rice exports
estimated to have increased to around 2.5-8 million tonnes compared to the
previous estimate of 2.2 million tonnes, according to U Khin Maung Lwin,
assistant secretary of the Ministry of Commerce, last December.
Rice basmati slides on sluggish demand
06 FEBRUARY 2018 Last Updated at 2:45
PM
New Delhi, Feb 6 Rice basmati
fell by Rs 100 per quintal at the wholesale grains market today on subdued
demand.
Wheat also eased on ample stocks
position against reduced offtake by flour mills.
Traders said muted demand weighed
on rice basmati prices.
In the national capital, rice
basmati common and Pusa- 1121 variety settled lower by Rs 100 each to Rs
8,100-8,200 and Rs 6,800-6,900 per quintal, respectively.
Wheat dara (for mills) also shed
Rs 10 to Rs 1,780- 1,785 per quintal. Atta chakki delivery followed suit and
traded lower by a similar margin to Rs 1,790-1,795 per 90 kg.
Atta flour mills also weakened by
Rs 5 to Rs 955-965 per 50 kg.
Following are today's quotations
(in Rs per quintal):
Wheat MP (desi) Rs 2,080-2,280,
Wheat dara (for mills) Rs 1,780-1,785 Chakki atta (delivery) Rs 1,790-1,795,
Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour
mill Rs 955-965 (50 kg), Maida Rs 990-1,000 (50 kg)and Sooji Rs 1,050-1,060 (50
kg).
Basmati rice (Lal Quila) Rs
10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common
new Rs 8,100-8,200, Rice Pusa (1121) Rs 6,800-6,900, Permal raw Rs 2,325-2375,
Permal wand Rs 2,375-2,425, Sela Rs 2,800-3,000 and Rice IR-8 Rs 1,975-2,025,
Bajra Rs 1,190-1,195, Jowar yellow Rs 1,375-1,425, white Rs 2,750-2,850, Maize
Rs 1,340- 1,345, Barley Rs 1,470-1,480.
https://www.outlookindia.com/newsscroll/copper-nickel-remain-weak-on-muted-demand/1247341?scroll
Pakistan earns $881m from rice exports during
July-Dec
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.
https://defence.pk/pdf/threads/pakistan-earns-881m-from-rice-exports-during-july-dec.542661/
CHAP Develops Roadmap for Non-stop Rice Supply
February 6, 2018
The Community of Hope Agriculture
Project in collaboration with other partners in the rice sector of Liberia has
begun developing a roadmap for a steady supply of Liberian rice to the local
market.
The purpose of developing such
roadmap is to ensure that there is sufficient locally milled rice in the
country. This is also geared towards the production of more food and to reduce
hunger in the country.
In a telephone conversation with
the executive director of CHAP, Rev. Robert Bimba, he acknowledged that the
organization in collaboration with its partners has organized a group called
the Liberia Rice Business Group (LRBG).
The group, according to him, will
take the entire rice sector of the country to another level, and strongly
believes that such an initiative cannot be carried out by government alone,
adding that the private sector also has a role to play, specifically Liberians.
‘‘Over the years, we have had
people coming to us telling us what to do. We no longer need an expert to come
from elsewhere to teach us how to wash our hands,’’ Rev. Bimba stated.
He said it is clear that
the problem in the country has been identified by the initiative, and as such,
it is about time that Liberians come together to produce their own food.
Rev. Bimba also disclosed that
CHAP is conducting assessments in various counties this week, to see where they
can start production immediately, noting that there are key counties to start
with, namely: Lofa, Bong, Nimba and River Gee. He said the group has identified
what these areas have and what they need for the success of the project.
‘‘We are also working with other
actors like Global Agro, a group which works on mechanization,’’ he added.
The CHAP executive director
revealed that the group has also have developed a document to be presented to
the Liberian Government advising it on which way to go to be successful in the
agriculture sector of the country.
‘‘This document will also point
out those major challenges in the agriculture sector and what could be the way
forward in the rice sector,’’ he noted.
Rev. Bimba frowned on previous
governments stating that the US$2 million spent per annum just on subsidizing
projects and the US$200 million spent on the importation of rice can be
invested in the LRBG initiative which, according to him, will also provide job
opportunities for young people in the country.
CHAP currently has four new
milling machines that have the capacity of producing a minimum of 8 metric tons
a day, according to Rev. Bimba.
He also disclosed that CHAP has
profound expertise in the Liberian rice sector. It is the focal point
organization on SRI in Liberia with support from IFAD, the World Bank, CNS-Riz
(Mali), SRI-Rice (Cornell University, USA), and Abide in the Vine Fellowship
Owego, NY, USA, he said.
CHAP was founded by Apostle James
M. Bimba and Abide in Vine Fellowship Liberia. According to Rev. Bimba, the
organization has made significant impact in the local, national, and
international levels in the agriculture and WASH sector of Liberia over the
years. It has implemented several projects successfully for the Ministry
of Agriculture, West Africa Productivity Program WAAPP/World Bank, WHH, and
UNFAO.
CHAP also has the following
priority areas: Livelihood and Agriculture, Health & Hygiene, Education,
Community Mobilization, SRI Program, capacity building training, Village
Savings and Loan Program, and Value Chain among others.
Nagpur Foodgrain Prices Open- February
06, 2018
Nagpur Foodgrain Prices – APMC/Open Market-February 6, 2018
Nagpur, Feb 6 (Reuters) – Gram and Tuar reported down in Nagpur Agriculture Produce Marketing
Committee (APMC) on poor demand from local millers amid good supply from producing belts. High
moisture content arrival and easy condition in Madhya Pradesh pulses also affected prices.
About 400 bags of gram and 1,200 bags of tuar reported for auction in Nagpur APMC, according to
sources.
FOODGRAINS & PULSES
GRAM
* Desi gram raw recovered in open market here on renewed demand from local traders.
TUAR
* Tuar varieties ruled steady in open market here on subdued demand from local traders
amid ample stock in ready position.
* Batri dal showed weak tendency in open market here lack of demand from local traders.
* In Akola, Tuar New – 4,100-4,300, Tuar dal (clean) – 6,400-6,600, Udid Mogar (clean)
– 7,600-8,700, Moong Mogar (clean) 7,300-7,600, Gram – 3,500-3,600, Gram Super best
– 5,200-5,700
* Wheat, rice and other foodgrain items moved in a narrow range in
scattered deals and settled at last levels in weak trading activity.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 3,100-3,825 3,000-3,925
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 4,000-4,540 3,900-4,570
Moong Auction n.a. 3,900-4,200
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Wheat Mill quality Auction 1,600-1,712 1,600-1,704
Gram Super Best Bold 6,000-6,500 6,000-6,500
Gram Super Best n.a. n.a.
Gram Medium Best 5,500-5,700 5,500-5,700
Gram Dal Medium n.a. n.a
Gram Mill Quality 3,800-3,900 3,800-3,900
Desi gram Raw 3,850-3,900 3,800-3,850
Gram Kabuli 12,500-13,100 12,500-13,100
Tuar Fataka Best-New 6,400-6,600 6,400-6,600
Tuar Fataka Medium-New 6,100-6,300 6,100-6,300
Tuar Dal Best Phod-New 5,600-5,800 5,600-5,800
Tuar Dal Medium phod-New 5,500-5,700 5,500-5,700
Tuar Gavarani New 4,250-4,550 4,250-4,550
Tuar Karnataka 4,600-4,800 4,600-4,800
Masoor dal best 4,800-5,000 4,800-5,000
Masoor dal medium 4,500-4,700 4,500-4,700
Masoor n.a. n.a.
Moong Mogar bold (New) 7,500-8,000 7,500-8,000
Moong Mogar Medium 6,500-7,000 6,500-7,000
Moong dal Chilka 5,800-6,500 5,800-6,500
Moong Mill quality n.a. n.a.
Moong Chamki best 7,500-8,000 7,500-8,000
Udid Mogar best (100 INR/KG) (New) 7,200-7,700 7,200-7,700
Udid Mogar Medium (100 INR/KG) 5,600-7,000 5,600-7,000
Udid Dal Black (100 INR/KG) 5,800-6,200 5,800-6,200
Batri dal (100 INR/KG) 4,600-5,000 4,700-5,000
Lakhodi dal (100 INR/kg) 2,500-2,600 2,550-2,650
Watana Dal (100 INR/KG) 3,150-3,250 3,150-3,250
Watana Green Best (100 INR/KG) 4,200-4,300 4,200-4,300
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG) 1,750-1,850 1,750-1,850
Wheat Filter (100 INR/KG) 2,150-2,350 2,150-2,350
Wheat Lokwan best (100 INR/KG) 2,300-2,400 2,200-2,400
Wheat Lokwan medium (100 INR/KG) 2,000-2,200 2,000-2,200
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,200-3,700 3,200-3,700
MP Sharbati Medium (100 INR/KG) 2,400-2,700 2,400-2,700
Rice BPT best (100 INR/KG) 3,500-4,000 3,500-4,000
Rice BPT medium (100 INR/KG) 3,000-3,200 3,000-3,200
Rice BPT new (100 INR/KG) 3,300-3,500 3,300-3,500
Rice Luchai (100 INR/KG) 2,500-2,700 2,500-2,700
Rice Swarna best (100 INR/KG) 2,600-2,800 2,600-2,800
Rice Swarna medium (100 INR/KG) 2,400-2,500 2,400-2,500
Rice Swarna new (100 INR/KG) 2,400-2,500 2,400-2,500
Rice HMT best (100 INR/KG) 4,500-4,800 4,500-4,800
Rice HMT medium (100 INR/KG) 3,900-4,300 3,900-4,300
Rice HMT new (100 INR/KG) 4,000-4,400 4,000-4,400
Rice Shriram best(100 INR/KG) 5,200-5,600 5,200-5,600
Rice Shriram med (100 INR/KG) 4,700-4,900 4,700-4,900
Rice Shriram new (100 INR/KG) 4,800-5,200 4,800-5,200
Rice Basmati best (100 INR/KG) 9,500-14,000 9,500-13,500
Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500
Rice Chinnor best 100 INR/KG) 6,100-6,300 6,100-6,300
Rice Chinnor medium (100 INR/KG) 5,500-5,700 5,500-5,700
Rice Chinnor new (100 INR/KG) 5,600-5,800 5,600-5,800
Jowar Gavarani (100 INR/KG) 2,000-2,200 2,000-2,100
Jowar CH-5 (100 INR/KG) 1,800-2,000 1,700-2,000
WEATHER (NAGPUR)
Maximum temp. 33.0 degree Celsius, minimum temp. 16.0 degree Celsius
Rainfall : Nil
FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 33 and 16
degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices)
Nagpur Foodgrain Prices Open- February
07, 2018
Nagpur Foodgrain Prices – APMC/Open Market-February 7, 2018
Nagpur, Feb 7 (Reuters) – Gram and Tuar reported higher in Nagpur Agriculture Produce Marketing
Committee (APMC) on inncreased demand from local millers amid weak supply from producing belts.
Notable rise in Madhya Pradesh gram prices and reported demand from South-based millers also
pushed up prices here.
About 400 bags of gram and 1,500 bags of tuar reported for auction in Nagpur APMC, according to
sources.
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market here but demand was poor.
TUAR
* Tuar gavarani reported down in open market here on subdued demand from local traders
amid release of stock from stockists.
* Moong dal Chilka firmed up in open market here good demand from local traders.
* In Akola, Tuar New – 4,100-4,300, Tuar dal (clean) – 6,400-6,600, Udid Mogar (clean)
– 7,600-8,700, Moong Mogar (clean) 7,300-7,600, Gram – 3,500-3,600, Gram Super best
– 5,200-5,700
* Wheat, rice and other foodgrain items moved in a narrow range in
scattered deals and settled at last levels in weak trading activity.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close
Gram Auction 3,200-3,910 3,100-3,825
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 3,900-4,550 3,900-4,500
Moong Auction n.a. 3,900-4,200
Udid Auction n.a. 4,300-4,500
Masoor Auction n.a. 2,600-2,800
Wheat Mill quality Auction 1,650-1,716 1,600-1,712
Gram Super Best Bold 6,000-6,500 6,000-6,500
Gram Super Best n.a. n.a.
Gram Medium Best 5,500-5,700 5,500-5,700
Gram Dal Medium n.a. n.a
Gram Mill Quality 3,800-3,900 3,800-3,900
Desi gram Raw 3,850-3,900 3,850-3,900
Gram Kabuli 12,500-13,100 12,500-13,100
Tuar Fataka Best-New 6,400-6,600 6,400-6,600
Tuar Fataka Medium-New 6,100-6,300 6,100-6,300
Tuar Dal Best Phod-New 5,600-5,800 5,600-5,800
Tuar Dal Medium phod-New 5,500-5,700 5,500-5,700
Tuar Gavarani New 4,200-4,500 4,250-4,550
Tuar Karnataka 4,600-4,800 4,600-4,800
Masoor dal best 4,800-5,000 4,800-5,000
Masoor dal medium 4,500-4,700 4,500-4,700
Masoor n.a. n.a.
Moong Mogar bold (New) 7,500-8,000 7,500-8,000
Moong Mogar Medium 6,500-7,000 6,500-7,000
Moong dal Chilka 5,900-6,500 5,800-6,500
Moong Mill quality n.a. n.a.
Moong Chamki best 7,500-8,000 7,500-8,000
Udid Mogar best (100 INR/KG) (New) 7,200-7,700 7,200-7,700
Udid Mogar Medium (100 INR/KG) 5,600-7,000 5,600-7,000
Udid Dal Black (100 INR/KG) 5,800-6,200 5,800-6,200
Batri dal (100 INR/KG) 4,600-5,000 4,600-5,000
Lakhodi dal (100 INR/kg) 2,500-2,600 2,550-2,650
Watana Dal (100 INR/KG) 3,150-3,250 3,150-3,250
Watana Green Best (100 INR/KG) 4,200-4,300 4,200-4,300
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000
Wheat Mill quality (100 INR/KG) 1,750-1,850 1,750-1,850
Wheat Filter (100 INR/KG) 2,150-2,350 2,150-2,350
Wheat Lokwan best (100 INR/KG) 2,300-2,400 2,200-2,400
Wheat Lokwan medium (100 INR/KG) 2,000-2,200 2,000-2,200
Lokwan Hath Binar (100 INR/KG) n.a. n.a.
MP Sharbati Best (100 INR/KG) 3,200-3,700 3,200-3,700
MP Sharbati Medium (100 INR/KG) 2,400-2,700 2,400-2,700
Rice BPT best (100 INR/KG) 3,500-4,000 3,500-4,000
Rice BPT medium (100 INR/KG) 3,000-3,200 3,000-3,200
Rice BPT new (100 INR/KG) 3,300-3,500 3,300-3,500
Rice Luchai (100 INR/KG) 2,500-2,700 2,500-2,700
Rice Swarna best (100 INR/KG) 2,600-2,800 2,600-2,800
Rice Swarna medium (100 INR/KG) 2,400-2,500 2,400-2,500
Rice Swarna new (100 INR/KG) 2,400-2,500 2,400-2,500
Rice HMT best (100 INR/KG) 4,500-4,800 4,500-4,800
Rice HMT medium (100 INR/KG) 3,900-4,300 3,900-4,300
Rice HMT new (100 INR/KG) 4,000-4,400 4,000-4,400
Rice Shriram best(100 INR/KG) 5,200-5,600 5,200-5,600
Rice Shriram med (100 INR/KG) 4,700-4,900 4,700-4,900
Rice Shriram new (100 INR/KG) 4,800-5,200 4,800-5,200
Rice Basmati best (100 INR/KG) 9,500-14,000 9,500-13,500
Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500
Rice Chinnor best 100 INR/KG) 6,100-6,300 6,100-6,300
Rice Chinnor medium (100 INR/KG) 5,500-5,700 5,500-5,700
Rice Chinnor new (100 INR/KG) 5,600-5,800 5,600-5,800
Jowar Gavarani (100 INR/KG) 2,000-2,200 2,000-2,100
Jowar CH-5 (100 INR/KG) 1,800-2,000 1,700-2,000
WEATHER (NAGPUR)
Maximum temp. 32.6 degree Celsius, minimum temp. 15.8 degree Celsius
Rainfall : Nil
FORECAST: Generally cloudy sky. Maximum and minimum temperature would be around and 33 and 16
degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices)
https://in.reuters.com/article/nagpur-foodgrain/nagpur-foodgrain-prices-open-february-07-2018-idINL4N1PX353
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