Wednesday, April 25, 2018

25th April,2018 daily global regional local rice e-newsletter

https://issuu.com/dailyricenewsletter/docs/25th_april__2018_daily_global_regio

NEW CRP: Disease Resistance in Rice and Wheat for Better Adaptation to Climate Change (D23032)



Wednesday 25 April 2018 8:00 CEST
False smut (Villosiclava virens) disease in rice. (Photo: Rice Knowledge Bank)
The IAEA, in cooperation with the Food and Agriculture Organization of the United Nations (FAO), is announcing a new Coordinated Research Project (CRP) on disease resistance in rice and wheat with a time frame of four years.
A range of diseases are responsible for hindering yield improvements in both rice and wheat. Changing climatic conditions are helping diseases spread to new localities and exacerbating their impact. In addition to the already widespread diseases of rice, such as blast, sheath blight, false smut and bacterial leaf blight, emerging diseases are increasingly becoming serious threats.
To minimize the impact of such diseases, environment-friendly and cost-effective technologies are needed to help prevent and manage them. The use of mutation breeding techniques to develop disease resistant varieties is a viable tool in the development of appropriate germplasms and varieties.
Mutations are the primary source of genetic variation in any organism, including plants. The use of mutation induction in generating new germplasm and developing new disease resistant varieties in rice and wheat is an efficient and valuable approach in crop improvement and has been very successful in rice and wheat breeding. More than 820 rice varieties and 255 wheat varieties have been developed by mutation breeding using mostly physical mutagens (https://mvd.iaea.org/#!Home).
Field destroyed by wheat blast (Magnaporthe oryzae Triticum) (Photo: http://www.kansasfarmer.com/wheat/spread-wheat-blast-disease-puts-new-urgency-researchers)
This new CRP aims to develop new improved rice and wheat mutant germplasm as novel sources of disease resistance, and efficient laboratory, screen-house or field-based screening protocols and techniques for identification of mutants with improved resistance to diseases.
CRP Overall Objective:
This CRP aims to improve disease resistance in rice and wheat through induced mutation/mutation breeding and development of screening techniques for sustainable food security.
Specific Research Objectives:
  1. To generate genetic diversity and develop rice lines resistant to important diseases (blast, sheath blight, bacterial blight, false smut).
  2. To develop protocols for the screening of rice mutants resistant to diseases.
  3. To develop molecular markers for disease resistance using available mutant germplasm.
  4. To generate mutant wheat populations and develop screening methods for resistance to wheat blast.
How to join this CRP?
Please submit your Proposal for Research Contract or Agreement by email, no later than 31 May 2018, to the IAEA’s Research Contracts Administration Section, using the appropriate template on the CRA web site.
For further information related to this CRP, potential applicants should contact Mr Ljupcho Jankuloski
https://www.iaea.org/newscenter/news/new-crp-disease-resistance-in-rice-and-wheat-fo

Agriculture Dept ensures sustainability of production & income for farmers

Kolkata, Apr 25 (UNI) The crop scenario of Bengal is very bright.
The Agriculture Department has devised crop-specific interventions to ensure long-term sustainability of production, coupled with assured and improved incomes for farmers.
Rice, wheat, maize, jute, pulses, oilseeds and sugarcane are some of the major crops of the state.
System of Rice Intensification (SRI), an improved technology, has been adopted to increase production of rice at low cost.
The State Government has been able to increase the area and production of aromatic rice like Gobindobhog and Tulaipanji.
The Government has fixed an ambitious target of 4.75 lakh metric tonnes (MT) for financial year (FY) 2018-19 by using its extension machinery to increase the area under pulse production by utilising the rice fallow areas.
From FY 2010-11 to FY 2016-17, the area under pulses has increased by 65 per cent and production by 77 per cent.
The production during 2016-17 was 3.13 lakh MT. The estimated production for 2017-18 is 4.63 lakh MT, an estimated increase by 48 per cent.
Stress has been given in increased production and yield of sunflower and groundnut because of their high potential.
Distribution of quality seeds and other agricultural inputs, and training of farmers have been identified as the key components by the State Government to achieve its targets.
Like for pulses, the Government is using its extension machinery to increase the area under production by utilising the rice fallow areas.
Production was 9.24 lakh MT during 2016-17 and is estimated to be 9.67 lakh MT during 2017-18. The target for 2018-19 has been kept at 9.99 lakh MT.
Jute is an important cash crop of Bengal, covering an area of around 5.22 lakh hectares (ha). During 2016-17, the production and productivity were 81.87lakh bales and 15.67 bales/ha, respectively. The target for area under production and production for 2017-18 were 5.6 lakh ha and 84 lakh bales, respectively.
The State Government, in collaboration with the National Food Security Mission (Commercial Crops) – Jute, runs Demonstration Centres, and supports the distribution of quality seeds and training of farmers with the aim of producing higher quality fibres.
Potato is a major crop in the state. The production and productivity during 2016-17 were 129.32 lakh MT and 30,608 kg/ha, respectively.
For 2017-18, the targets for area under production and production have been kept at 4.36 lakh ha and 140 lakh MT, respectively. Emphasis has been given on the availability of disease-free quality micro-tubers.
For this, the government has undertaken a programme for the production of good quality foundation seeds of potato from breeder seeds in government farms, so that high-quality seeds are available for the production of certified seeds.
Courtesy Chief Minister Mamata Banerjee and her Trinamool Congress Government, farmers have never had it as good.
Every aspect of their lives has undergone a lot of changes. There are schemes to cover everything – from production to storage to financial aid for losses due to natural calamities to several other aspects.


Ramadan Traditions Raise Rice Consumption 
By Sarah Moran
AMMAN, JORDAN -- Per capita rice consumption in Jordan is high and traditionally increases during the Muslim holy month of Ramadan, which starts this year on May 15.  Rice consumption in the Muslim world always spikes during the observance, which is why USA Rice steps up promotions to increase awareness prior to the start of the holiday.  A campaign with leading brand Sunbird Rice that just concluded utilized more than 100 billboards at prime locations here in the capital city, as well as at major cities throughout the Kingdom.  Similar promotions are planned with other selected brands in the coming weeks."Jordan is an important medium grain market - last year U.S. rice exports were 146,600 MT with a value of $102.9 million.  But, it's also become a very tough market," said USA Rice Marketing Program Director Eszter Somogyi.  "Deteriorating consumer incomes due to the tense political and economic situation in the region, as well as the high number of refugees entering the country, is putting pressure on the local economy."
During discussions last week with U.S. rice importers here, USA Rice gathered market information and outlined promotional activities planned for the current year, many of which are conducted in conjunction with local brands who also contribute financially to the activities.

"During routine visits to different sales outlets including traditional wholesalers as well as hyper markets and so called mini markets, local traders pointed out that prices of rice are very low," said Somogyi.  "In this challenging economic situation, we are fortunate to have well established U.S. rice brands here working with USA Rice in many different activities, from outdoor billboards to radio and print advertising and consumer promotions, and starting this year, media activities on the internet to boost sales of U.S. rice."
Usa Rice Daily

The purple rice helping Thai farmers overcome poverty

By: Cristyn Lloyd - Posted on: April 25, 2018 |
 Siam Organic is helping to tackle Thai poverty while also jumping on the superfood bandwagon with a new breed of richly coloured rice that it claims is the healthiest in the world

Philippines hopes to pass rice tariffication law in 2018

other things.
"Meanwhile, the revenue from the tariff on rice will be used to help the farmers increase their productivity," Pernia told reporters.
The Philippines' total rice inventory, inclusive of stocks from households, commercial warehouses, and NFA depositories, registered a marked drop to 1,795.78 metric tons (MT) as of February 1 this year, said NEDA.
Even if 250,000 MT of imported rice is scheduled to arrive in May, NEDA said this will not be able to meet the country's rice demand in the succeeding months.
NEDA Undersecretary for Policy and Planning Rosemarie Edillon had said inflationary pressures from other agricultural food items must be managed as well, while at the same time anticipating developments in international oil markets.
"Given the risks, we really need to be anticipative and proactive in implementing measures to ensure price stability and cushion the impact of higher consumer prices on the poor," Edillon had said. – Rappler.com

Scientific advisories help E.G.ryots save big on input costs
KAKINADA, APRIL 24, 2018 23:40 IST


Bridging the gap: Apart from regular field visits, scientists issue weather updates and precautions to be undertaken to protect standing crops to paddy farmers .  Ryots connect to experts through phone and video conference
At a time when the gap between the input costs and the minimum support price (MSP) for paddy is shrinking season after season, the farmers from East Godavari district have set their focus on minimising the input costs to stabilise their profit margins.From making better use of sample seeds, following the advisories issued by farm scientists to reducing the use of fertilisers and pesticides, the farmers are trying every option coming their way.“We are constantly in touch with farm scientists and agriculture officials through phone and video conference to have our doubts cleared on an array of issues ranging from soil health to meteorological updates,” says Pepakayala Subrahmanyam, a farmer who has cultivated paddy in 10 acres at Thimmapuram village .
At Lampakalova, 42 km away from the city, an upland farmer Sigireddi Naga Bhupathi Rao echoes similar views, saying that it is first time they have got to see an agriculture scientist in their village.
“The Reliance Foundation is bridging the gap between farmers, scientists and agriculture officers. Now, we are making the videos of the symptoms of pest attack on our crops and sending them to the scientists seeking their advice,” says Mr. Bhupathi Rao, adding that the advisories issued by the scientists helps him save on the input cost of around 1,200 per acre.
Virtual interaction
The scientists are also a happy lot for the rave response from the farmers. “A good number of farmers are now sending their queries on the use of fertilisers and pesticides. Some of them are also evincing interest in sowing the sample seeds being sent to us by the Rice Research Station at Marteru,” says M. Nanda Kishore, coordinator of the DAATT Centre of Acharya NG Ranga Agriculture University.
V.T. Rama Rao, Deputy Director of Agriculture, observes that the virtual interaction with farmers is the best part of the services being rendered by the Reliance Foundation.
“They are also circulating messages on weather update and precautions to be undertaken to protect standing crop in different stages to the targeted groups within no time,” he says.
Besides arranging virtual meetings and field visits, the foundation is also issuing advisories to the mobile phones of registered farmers and answering their queries through the call centre, explains Varahalu Cheepulla, project manager at the foundation.
76,000 ryots registered
“As of now, we have around 76,000 farmers from the district registered with us. All the farmers are availing the free services,” says Chittibabu Nagulapalli, senior manager at the foundation.
I Remain Bullish Rice Prices
Tuesday, April 24, 2018
by Michael Seery of Seery Futures
Rice Futures--- Rice futures in the July contract bucked the trend yesterday rising 7 points at 13.14 as the commodity markets were mostly lower across the board as I have been recommending a bullish position from around the 12.85 level & if you took the trade the stop loss has now been moved to 12.80 and will remain at that level for another 6 trading sessions so you will have to accept the monetary risk at this time.
For the bullish momentum to continue we have to break last weeks high of 13.20 which is just an eyelash away & if that level is broken I think we could head substantially higher as there is bullish momentum to the upside presently. Rice prices are still trading above their 20 and 100 day moving average as the trend clearly is higher as the U.S dollar was up over 60 points today, but had very little impact on rice prices as historically speaking they still look cheap as we enter the extremely volatile summer season for rice and the grain market as a whole.
The chart structure at the present time is not that great as we have run up in prices rather quickly so if you're not involved wait for some type of profit-taking therefore lowering the monetary risk as patience can be the key when trading the commodity markets as trading just to trade is the kiss of death so stay long while maintaining the proper risk money-management strategy of 2% of your account balance on any given trade.
TREND:---HIGHER
CHART STRUCTURE: POOR
VOLATILITY---HIGH
If you are looking to contact Michael Seery (CTACOMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit www.seeryfutures.com
Skype Address: mseery TWITTER---@seeryfutures
FREE TRIAL FOR THE LIMIT UP COMMODITY NEWSLETTER
Email: mseery@seeryfutures.com
If youre looking to open a Trading Account click on this link www.admis.com
There is a substantial risk of loss in futures and futures options. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites. Trading futures and options is Not appropriate for every investor.


About the author



Michael is the sole owner of SEERYFUTURES.COM which is a commodity futures and options consulting, advisory, and educational firm.
Michael frequently appears on multiple business networks including Bloomberg News, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He also writes market commentary for several commodity websites and is interviewed for commodity comments by the Wall Street Journal. He is also a guest on First Business, which is a national and internationally syndicated business show.

Michael started his career in 1990 at the Chicago Board of Trade as a runner. He soon worked his way up to becoming a Series 3 broker. He works with seasoned traders as well as novice beginners educating them on trading the futures markets as well as using simple and complex option strategies. Michael covers all markets including grains, metals, energies, and all other futures markets that are traded.

To Michael the biggest lesson any trader needs to learn is risk management. Michael believes this is the most important factor in trading. He also works with traders to help them determine the proper risk for their trading style. Michael has spent a lot of time educating his clients to help them understand trading strategies and trading techniques while enjoying spending quality time with customers going over the markets or just talking general trading philosophies.

Saying Science and Religion Are Incompatible Is a 'Myth,' 'Untrue to History,' Says Physicist

By Michael Gryboski , Christian Post Reporter | Apr 24, 2018 4:20 PM
(PHOTO: THE VERITAS FORUM)Physicist Ian Hutchinson of the Massachusetts Institute of Technology delivered remarks at the Veritas Forum event "Can Science Explain Everything?" which was held on Wednesday, April 18, 2018 at Quinnipiac University.The claim that science and religion are incompatible entities is a "myth" and "untrue to history," according to a physicist speaking at an event held at Quinnipiac University.
Ian Hutchinson, plasma physicist and Professor of Nuclear Science and Engineering at the Massachusetts Institute of Technology, gave remarks at a Veritas Forum event held last week titled "Can Science Explain Everything?"
Expand | Collapse
(PHOTO: THE VERITAS FORUM)Physicist Ian Hutchinson of the Massachusetts Institute of Technology delivered remarks at the Veritas Forum event "Can Science Explain Everything?" which was held on Wednesday, April 18, 2018 at Quinnipiac University.
During his comments, Hutchinson argued that the common idea that science and faith are in conflict with one another was incorrect and rejected by historians who specialize in the history of science.
"That has been thoroughly debunked by historians of science in the past 50 years as untrue to history. Serious Christians, including clergy, were predominant in developing modern science for centuries," said Hutchinson."But the myth still exerts powerful influence both on secularists and very often also on Christians. Its sustained by a frequent claim that there's no evidence for Christianity, but that's untrue."
Hutchinson said that while he believes that science cannot prove Christianity, there is a lot of evidence to vindicate Christian beliefs "in history and in the lives of believers." The physicist stressed that science cannot answer every claim and by its nature cannot quantify many concepts, such as justice, altruism, and friendship.
Hutchinson also pointed out that during his career as a scientist at MIT, he did not encounter a thoroughly secular environment.
"You might think MIT, because it's the high temple of science and technology, would be a godless place. It isn't a godless place. There's lots of Christians and people of different faiths there, both on the faculty and amongst the students and amongst the staff," Hutchinson continued.
There has long been debate over whether science and religion are incompatible. In 2011, researchers at Rice University found that only 15 percent of scientists considered faith and science as incompatible.
Sociologist Elaine Howard Ecklund, lead author for the 2011 study, stated that the majority of respondents believed that religion and science only sometimes conflict.
"Our research has found that even within the same person, there can be different views. It's very important to dispel the myth that people believe that religion and science either do or don't conflict. Our study found that many people have much more nuanced views," explained Ecklund at the time.The Veritas Forum event came months before the pending release of Hutchinson's latest book, titled Can a Scientist Believe in Miracles? An MIT Professor Answers Questions on God and Science.
Scheduled for release this September by Veritas Books, the book is based off the many questions Hutchinson has been asked regarding religion and science.
"Hutchinson answers a full range of inquiries with sound scientific insights and measured Christian perspective," noted the book's description on Amazon.
"Without minimizing challenging questions, he explores how science and Christianity are mutually supportive and intellectually consistent. Both God and science truthfully address our curiosity and destiny."

Egypt's rice farmers see rough times downstream of new Nile mega-dam

Eric Knecht, Maha El Dahan

KAFR ZIADA, Egypt/DUBAI (Reuters) - Rice farmers in Kafr Ziada village in the Nile River Delta have ignored planting restrictions aimed at conserving water for years, continuing to grow a medium-grain variety of the crop that is prized around the Arab world.
A decision thousands of kilometers to the south is about to change that, however, in another example of how concern about water, one of the world’s most valuable commodities, is forcing change in farming, laws and even international diplomacy.
Far upstream, close to one of the sources of the Nile, Ethiopia is preparing to fill the reservoir behind its new $4 billion Grand Renaissance Dam, possibly as soon as this year.
How fast it does so could have devastating consequences for farmers who have depended on the Nile for millennia to irrigate strategic crops for Egypt’s 96 million people, expected to grow to 128 million by 2030.
Safeguarding Egypt’s share of the Nile, on which the country relies for industry and drinking water as well as farming, is now at the top of President Abdel Fattah al-Sisi’s agenda as he begins a second term.
At the same time, authorities are finally tackling widespread illegal growing of the water-intensive rice crop, showing a sense of urgency that even climate change and rapid population growth has failed to foster.The crackdown means Egypt will likely be a rice importer in 2019 after decades of being a major exporter, rice traders say.
Cairo has decreed that 724,000 feddans (750,000 acres) of rice can be planted this year, which grain traders estimate is less than half of the 1.8 million feddans actually cultivated in 2017 – far in excess of the officially allotted 1.1 million feddans.
Police have started raiding farmers’ homes and jailing them until they pay outstanding fines from years back.
“The police came to my house at three in the morning and took me to the station to pay the fine,” said Mohamed Abdelkhaleq, head of the farming association in Kafr Ziada, some 125 km (80 miles) north of Cairo in Beheira governorate.
“Even if the fine is 1 Egyptian pound (5 U.S. cents), they’ll come to your house.”
Three other farmers reported similar experiences and said this year they would not plant rice.Reda Abdelaziz, 50, said some people have become afraid to leave the village.“If you’re traveling and they take your ID card and see you have a fine on you, they’ll put you in jail,” he said.Abdelkhaleq took to the local mosque’s loudspeaker last month to say the government was doubling the fine for unauthorized rice cultivation to 7,600 pounds per feddan.Mostafa al-Naggari, who heads the rice committee of Egypt’s agricultural export council, says if the government sticks to the new approach Egypt will likely have to import as much as 1 million tonnes of rice next year.“The dam has opened the door for there to be more of an awareness of water scarcity issues, but Egypt has for a long time needed to review its water allocation policy,” he said.

NO AGREEMENT

Egypt has long considered the Nile its own, even though the river and its tributaries flow through 10 countries. Egyptian President Anwar Sadat famously said in 1979 that he was prepared to go to war over the Nile if its flow was ever threatened. But any threat from Ethiopia in the past was empty – until now. The new dam, cutting through the Blue Nile tributary just before its descent into southeastern Sudan, will offer Addis Ababa immense political leverage over its downstream neighbors.Sudan and Egypt are the biggest users of the river for irrigation and dams. Egypt wants to be assured that the dam will not affect the river’s flow, estimated at about 84 billion cubic meters on average per year.Ethiopia aims to use the dam to become Africa’s biggest power generator and exporter, linking tens of millions to electricity for the first time.The two countries have not been able to agree on a comprehensive water-sharing arrangement despite years of negotiations.Ethiopia was not party to and does not recognize a 1959 agreement between Egypt and Sudan that gave Cairo the rights to the lion’s share of the river. For its part, Egypt refuses to sign on to a 2010 regional water-sharing initiative that takes away its power to veto projects that would alter allocations.Ethiopia says that its dam won’t affect the Nile’s flow once its 79 billion cubic meter reservoir is filled. The issue is over how fast that happens. Ethiopia wants to do it in as little as three years; Egypt is aiming for seven to ten, sources close to the matter said.There’s no doubt the flow of the Nile will be affected during those years. What’s not known is how dramatically, and there is little data available to answer that question.Farmer Mohamed Abdelkhaleq speaks during an interview with Reuters in a field in the Beheira Governorate, north of Cairo, Egypt April 4, 2018. Picture taken April 4, 2018. REUTERS/Mohamed Abd El Ghany
Sources at Egypt’s irrigation ministry have estimated the loss of 1 billion cubic meters of water would affect 1 million people and lead to the loss of 200,000 acres of farmland.On that basis, “if (the dam is) filled in 3 years it might destroy 51 percent of Egypt’s farmland, if in 6 years it will destroy 17 percent,” said Ashraf el Attal, CEO of Dubai-based commodities trader Fortuna and an expert on Egypt’s grain trade.

BE READY TO ADAPT

The U.N.’s Food and Agriculture Organisation has said Egypt requires an “urgent and massive” response to maintain food security in coming years for a number of reasons, including water scarcity, urbanization and the effects of climate change.Talks among Egypt, Sudan and Ethiopia on the dam in early April stalled over what Sudan’s foreign minister called “technical issues”. No date has been set for the next round.“The filling of the GERD is just the most critical issue for the three countries to decide upon, and now, ahead of the first filling,” said Ana Cascão, an independent researcher on Nile hydropolitics.“A fair and equitable filling strategy must take into account different scenarios on climate and rainfall variability – if it will be one of drought, then the three countries are ready to agree on a slower filling,” said Cascão.
Farmer Reda Abdelaziz speaks during an interview with Reuters in a field in the Beheira Governorate, north of Cairo, Egypt April 4, 2018. Picture taken April 4, 2018. REUTERS/Mohamed Abd El Ghany
Rice farmers, who typically begin planting at the end of April, said they may now leave their lands fallow given the difficulty of quickly switching to other summer crops like cotton and corn that require different machinery and techniques.Irrigation Minister Mohamed Abdel Aty told Reuters the situation posed a big threat to crops, livelihoods and even political stability if efforts to coordinate fail.“Imagine to what extent these people will become vulnerable,” he said.
(GRAPHIC: The Nile's troubled waters - tmsnrt.rs/2qq8XGc)
Editing by Sonya Hepinstall
Insane rice policy
 (The Philippine Star) - April 25, 2018 - 12:00am
Insanity, someone once said, is doing the same thing over and over again, and expecting a different result.By that definition, our rice policy through the years is unadulterated insanity. Every administration sacrifices the urban rice consumer who must pay high prices for the staple supposedly to help the poor farmer.But the poor farmers have remained poor after so many decades of this policy, so the policy isn’t working for them, too. Indeed, they also pay a high price for rice they buy during the off season.
There is more. Our rice policy is also justified as a means to make us self sufficient in rice. Of course that hasn’t happened.In spite of all the money government has thrown into rice farming from fertilizers, better seeds, farm to market roads, and free irrigation, we are as far from the self sufficiency goal as we have ever been. Our rice production costs are the highest in the region.That’s also partly because of our flawed land reform program. Farmers are left with but a few hectares to plant on. Our neighbors have the advantage of large scale farming and great river systems.
Then there is the import monopoly of the corrupt NFA. It has resulted in massive losses for the taxpayers and shortages that lead to even higher rice prices for the consumers. It seems the rice cartels are in cahoots with the NFA.It has become such that the rice smugglers are looking like heroes. Sure, they are breaking the law, but they are also breaking the hold of the rice cartels. By introducing more rice supply in the market, they are probably pushing prices down.The fact that smugglers can bring rice in, pay some corrupt officials and still make a profit shows there is something so wrong in our rice supply and demand situation. This indicates a failure in policy which no administration seems brave enough to fix, not even this one.
Economists and other experts in agri-business think allowing open importation and just charge a tariff is the way to go. Private importers will not import more than they can sell and risk losses. The tariff earned can be used to subsidize local farmers.
For a while it seemed like the Duterte administration would be brave enough to change policy that would end NFA’s import monopoly. But it’s still a status quo.Secretary Leoncio Evasco, who spearheaded the change in policy, was removed as head of the NFA Council. The NFA administration announced they are importing 250,000 metric tons of rice on a government-to-government basis.The proposal to allow the private sector to import rice and just charge a tariff is still pending in congressional committees. In the meantime, control over the NFA and the right to import or authorize importation of rice is now with the agriculture department.
President Duterte was reported to have designated Agriculture Usec Berna Romulo-Puyat to be in charge of issuing import permits. In a conversation I had with her, she said her top concern is to remove discretion on her part and make the process of getting an import permit totally transparent.
In this regard, she is looking at using an auction process which reduces her role to a minimum. The mechanics of the auction process is still being formulated, but the usec said she would make sure it is corruption free.She wants to make it useless for interested parties to approach government officials to bag contracts. Whoever offers the highest service fee wins the import permit.I look at this as a stop gap measure until Congress passes the rice tariff bill. Until that happens, the needs of urban consumers who are paying more than twice the cost of rice compared to workers in the region will still be ignored.
Unless we are able to bring down the cost of food for everyone, the labor situation will be restless and severely reduce our manufacturing competitiveness.

TRAIN 2

A reader reacted to my column last Monday to point out that contrary to what I wrote based on the DOF powerpoint presentation, “those paying five percent of GIE    (Gross Income Earned) will have to pay 25 percent CIT (Corporate Income Tax) and not 15 percent… The 15 percent is applicable only to new projects approved by the Fiscal Incentives Board. This is why BPOs will get a financial shock, from five percent GIE to 25 percent CIT. These footloose BPOs will leave the country.”
The reader further explained that we have incentives to compensate investors because government cannot provide the basics such as infrastructure, the ease of doing business resulting in higher business costs.
“I will give you my own example. The tax savings from my five percent GIE together with my profits have been funding my internet startup. If I give that to government, will I see a return on that capital?
“Incidentally, I haven’t declared dividends for the past 17 years, preferring to fund new ventures that give employment, and possibly give a good return in the future. That will be endangered with TRAIN 2.
“PEZA was a success because it didn’t choose winners and losers. It just had a simple rule: 70 percent must be for exports. In turn, it insulated PEZA companies from the corruption and inefficiency in the rest of society.
“DOF wants to change the simplicity of PEZA rules in favor of getting the blessings of bureaucrats.”
The reader thinks incentives should “only apply to investors who are ‘footloose’ meaning those able to easily relocate elsewhere. Obviously, this doesn’t apply to mining companies as the minerals they want to mine are here.  Also, not to social housing developers as they can’t relocate to other countries.
“This applies generally to BPO companies and also export-manufacturing that can easily be shut down and relocated, e.g. garments.”
Boo Chanco’s e-mail address is bchanco@gmail.com. Follow him on Twitter @boochanco

https://www.philstar.com/business/2018/04/25/1809027/insane-rice-policy

USDA: Malaysia 2018 rice imports forecast to drop to 900,000 tonnes

25 April 2018. Wednesday

April 25, 2018 12:20 pm +08
KUALA LUMPUR (April 25): The US Department of Agriculture (USDA) said Malaysia rice imports are forecasted to drop 10% to 900,000 tonnes in 2018 from one million tonnes in 2017 as the government reduces ending stocks to 400,000 tonnes in 2018 from 480,000 tonnes in the previous year.In its Grain and Feed Annual 2018 report, the USDA said Malaysia rice imports are seen improving to 950,000 tonnes in 2019 as the government needs to replenish ending stocks to 380,000 tonnes.
"There will be no increase in planted areas, and the increase in imports is in line with projected population growth of 3% annually from 2018 to 2020. Increasing urbanites that switch from traditional local rice breakfast (nasi lemak) to a healthier breakfast such as cereal and bread lead to less consumption of rice.
"Although western food such as tortillas, pizza, pasta and bread are gaining popularity, especially in urban areas, rice remains a staple food among Malaysian. Such western foods are consumed as snacks or as comfort foods and rarely make it as staple food for the dining table," the USDA said.
For 2017, the USDA said Thailand and Vietnam supplied more than 80% of rice imported into Malaysia with total volume of 630,000 tonnes. Other major exporters of rice to Malaysia were Cambodia, Pakistan and India.

Mizoram: State stocks up on rice before the monsoon


AIZAWL, April 24, 2018: Mizoram is hopeful that it will have enough rice stock during the monsoon, officials of state food, civil supply and consumer affairs department said on Monday.Food, civil supply and consumer affairs director Abhijit Vijayu Choudhury said the government has ensured adequate stock of rice with only two godowns left to fill up. Officials of Food Corporation of India (FCI) and state food, civil supply and consumer affairs department on Monday convened a meeting to discuss the stock position and issues pertaining to civil supplies in the state.Speaking to reporters at a news conference after the meeting, the lone MP from Mizoram and chairman of the state consultative committee of FCI, Mizoram, Ronald Sapa Tlau, said the current stock in all respective depots is 12,045 metric tonnes with Bairabi having the highest stock at 4,189MT.
He said the current stock position in Aizawl is 3,512MT, 1,384MT in Lunglei, 1,052MT in Lawngtlai, 1,001MT in Bualpui and Kolasib has the least stock position at 907MT.He said efforts are on to have adequate rice stock during rainy season so that the people do not face inconvenience because of shortage of foodgrain.Tlau said the quality of rice in FCI godowns is up to the mark.He added that foodgrain is mainly imported from Haryana, Punjab and Uttar Pradesh by train and efforts are on to hire trucks from outside Mizoram as the number of domestic trucks is not sufficient to transport rice from godowns.
According to Tlau, the FCI will soon shift its main godown at Ramrikawn on the outskirts of Aizawl to a land donated by the food, civil supply and consumer affairs department in Sairang, about 21km from Aizawl.He said an agreement has already been signed with the state government over a plot of land in Sairang, which would be handed over to the FCI by next week.
“We will commence the construction of godown in Sairang after the state government officially hands it over to the FCI,” he said.
Source: The Telegraph

Brazil Rice Subsidized and Trump TPP Stand


Date: April 24, 2018

Click on the play button to listen to report.

Download Report:Brazil_Rice_Subsidized_and_Trump_TPP_Stand.mp3

From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Brazil, known for its successful World Trade Organization challenge to U.S. cotton support programs, is now suspected of breaking WTO rules by subsidizing rice exports.
According to Agri-Pulse, Brazil has dusted off a pair of government support programs that U.S. farmers say are being used to push Brazilian rice into the U.S. and other countries where the U.S. fights to keep a market share.
Brazilian rice exports to the U.S. for the first two months of this year are 60 percent higher than last year.
https://www.agri-pulse.com/articles/10865-usa-rice-says-brazilian-shipments-hurting-us-farmers
**President Trump appears to once again be shifting his stance on the Trans-Pacific Partnership after a White House meeting last week showed possible signs the U.S. would be re-entering the trade pact.
CBS News reports, Mr. Trump pulled the U.S. from the trade deal, as one of the first items on his to-do list after taking office.
The President tweeted late Tuesday that while Japan and South Korea would "like" the U.S to re-join the TPP, "I don't like the deal for the U.S."
https://www.cbsnews.com/news/trump-appears-to-change-tune-on-tpp-again/
**Argentina, the world's third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years Tuesday after drought cut its harvest, forcing crushers there to turn to imports.
Agrimarketing.com reports the surprise move pushed Chicago soybean futures to a one-month high.The USDA reports 120,000 tons of U.S. soybeans were sold to Argentina for delivery during the 2018-19 marketing season, the biggest since 1997.
https://www.agrimarketing.com/s/116473

Nagpur Foodgrain Prices Open- April 25, 2018
Nagpur Foodgrain Prices – APMC/Open Market-April 25, 2018

Nagpur, April 25 (Reuters) – Gram and tuar prices declined sharply in Nagpur Agriculture Produce
Marketing Committee (APMC) on poor demand from local millers. Downward trend on NCDEX in gram
prices, easy condition in Madhya Pradesh pulses and high moisture content arrival also affected
prices here. About 2,000 bags of gram and 800 bags of tuar reported for auction in Nagpur APMC, according to
sources. 

    FOODGRAINS & PULSES
    
   GRAM
   * Desi gram moved down in open market here in absence of buyers amid good supply from
     producing regions.
  
   TUAR     
   * Tuar varieties ruled steady in open market here on subdued demand from local traders.   

   * Watana dal reported weak in open market here on poor demand from local
     traders amid good supply from producing belts.  
                                                                  
   * In Akola, Tuar New – 4,000-4,050, Tuar dal (clean) – 6,000-6,300, Udid Mogar (clean)
    – 6,500-7,800, Moong Mogar (clean) 7,000-7,200, Gram – 3,300-3,400, Gram Super best
    – 5,200-5,600

   * Wheat, rice and other foodgrain items moved in a narrow range in
     scattered deals and settled at last levels in thin trading activity.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
   
     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                  2,900-3,280         3,000-3,350
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,200-3,935         3,300-3,935
     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        1,550-1,640        1,550-1,640
     Gram Super Best Bold            5,500-5,800        5,500-5,800
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,000-5,200        5,000-5,200
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            3,600-3,700        3,600-3,700
     Desi gram Raw                3,500-3,550         3,550-3,600
     Gram Kabuli                12,700-13,200        12,700-13,200
     Tuar Fataka Best-New             6,000-6,200        6,000-6,200
     Tuar Fataka Medium-New        5,700-6,000        5,700-5,900
     Tuar Dal Best Phod-New        5,600-5,800        5,600-5,800
     Tuar Dal Medium phod-New        5,300-5,600        5,300-5,600
     Tuar Gavarani New             4,100-4,150        4,100-4,150
     Tuar Karnataka             4,500-4,700        4,500-4,700
     Masoor dal best            4,800-5,200        4,800-5,200
     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            5,500-6,500        5,500-6,500
     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) 6,500-8,000       6,500-8,000
     Udid Mogar Medium (100 INR/KG)    5,000-6,000        5,000-6,000   
     Udid Dal Black (100 INR/KG)        5,300-5,600        5,300-5,600    
     Batri dal (100 INR/KG)        4,500-4,800        4,500-4,800
     Lakhodi dal (100 INR/kg)          2,550-2,650         2,550-2,650
     Watana Dal (100 INR/KG)            3,400-3,500        3,500-3,600
     Watana Green Best (100 INR/KG)    4,200-4,300        4,200-4,300  
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    1,950-2,000        1,950-2,000  
     Wheat Filter (100 INR/KG)         2,200-2,350           2,200-2,350        
     Wheat Lokwan best (100 INR/KG)    2,200-2,400        2,200-2,400   
     Wheat Lokwan medium (100 INR/KG)   2,000-2,100        2,000-2,100
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-4,000        3,200-4,000   
     MP Sharbati Medium (100 INR/KG)    2,400-2,800        2,400-2,800          
     Rice BPT best (100 INR/KG)        3,400-3,800        3,400-3,800    
     Rice BPT medium (100 INR/KG)        2,800-3,100        2,800-3,100       
     Rice Luchai (100 INR/KG)         2,600-2,800        2,600-2,800     
     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 HMT best (100 INR/KG)        4,000-4,600        4,000-4,600    
     Rice HMT medium (100 INR/KG)        3,700-3,900        3,700-3,900       
     Rice Shriram best(100 INR/KG)      5,200-5,500        5,200-5,500
     Rice Shriram med (100 INR/KG)    4,700-5,000        4,700-5,000      
     Rice Basmati best (100 INR/KG)    9,500-14,000        9,500-14,000    
     Rice Basmati Medium (100 INR/KG)    5,000-7,500        5,000-7,500   
     Rice Chinnor best 100 INR/KG)    6,200-6,500        6,200-6,500   
     Rice Chinnor medium (100 INR/KG)    5,700-6,000        5,700-6,000       
     Jowar Gavarani (100 INR/KG)        2,000-2,200        2,000-2,100   
     Jowar CH-5 (100 INR/KG)         1,800-2,000        1,700-2,000

WEATHER (NAGPUR) 
Maximum temp. 41.8 degree Celsius, minimum temp. 21.5 degree Celsius
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 23 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices)

Rice Exports Increases 27.67% In 9 Months

  

Rice exports from the country during first 9 months of current financial year increased by 27.67 percent as compared the exports of the corresponding period of last year.

ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Apr, 2018 ) :Rice exports from the country during first 9 months of current financial year increased by 27.67 percent as compared the exports of the corresponding period of last year. During the period from July-March, 2017-18, about 3,132,997 metric tons of rice worth US$ 1.494 billion exported as compared the exports of 2,681,253 metric tons valuing of US$ 1.170 billion of same period last year. According the latest data released by the pakistan Bureau of Statistics, basmati rice exports from the country also grew by 19.13 percent as 332,179 metric tons of basmati rice costing US$ 348.558 million exported during last 9 months as against the exports of 302,339 metric tons valuing US$ 290.897 million of same period last year. During the period under review, about 2,800,818 metric tons of rice others then basmati were exported and earned US$ 1.148 billion as compared the exports of 2,378,914 metric tons valuing of US$ 897.804 million of same period last year, showing an increase of 30.49 percent, it said. Meanwhile, the country earned US$ 315.497 million by exporting about 130,148 metric tons of fish and fish preparations, which was recorded at 105,039 metric tons valuing of US$ 275.807 million in same period last year, it added. During last 9 months of current financial year foodgroup exports from the country grew by 28.06 percent as different food commodities worth US$ 3.431 billion were exported as against the exports of US$ 2.679 billion of the same period last year, it reveled.
On month on month basis, food group exports also registered and increase of 70.73 percent during the month of March as compared the exports of the corresponding month of last year, it added. In March2018 food commodities worth US$ 589.122 million were exported as against the exports of US$ 345.051 million of same month last year, the data reveled.

Philippines hopes to pass rice tariffication law in 2018

The rice tariffication bill aims to amend the present agricultural policy, which allows the National Food Authority to monopolize rice importation
Chrisee Dela Paz
Published 7:00 PM, April 24, 2018
Updated 7:00 PM, April 24, 2018
RICE TARIFFICATION. Even if 250,000 metric tons of rice arrive in May 2018, the government says this will not be able to meet demand in the succeeding months.
MANILA, Philippines – The government expects the rice tariffication bill to be passed into law by the 2nd half of the year, according to Socioeconomic Planning Secretary Ernesto Pernia.Under the measure, the prescribed import volume would be removed and imports can eventually be opened to private traders.
"We expect the tariffication of rice to be in effect later this year – maybe 2nd half of this year, because it's an urgent legislative measure. That means President [Rodrigo Duterte] wants it passed soon," Pernia told reporters on the sidelines of a Development Budget Coordination Committee (DBCC) briefing in Manila on Tuesday, April 24.
The proposed tariff system, filed as House Bill 4904, amends the Agricultural Tariffication Act of 1996. The existing law, which is more than two decades old, allows the National Food Authority (NFA) to monopolize rice importation.
Pernia reiterated that replacing the quantitative restriction (QR) on rice with tariffs will lower rice prices and increase revenues for agricultural programs like crop diversification.
"To the extent that rice importation will be liberalized, the private sector will start importing. The more private sector imports, the supply of rice enlarges and therefore the price of rice goes down," Pernia added.
Prices of rice in the Philippines rose by 3.6% in March, from 2.8% in February. Farm gate prices of palay have been on an upward trend since the 2nd week of January, contributing to higher wholesale and retail prices of rice.
Key to rice supply problem
The National Economic and Development Authority (NEDA), which is headed by Pernia, had cited the urgency to fast-track amendments to the Agricultural Tariffication Act.
This would allow the NFA to focus on ensuring buffer stocks for rice, among other things.
"Meanwhile, the revenue from the tariff on rice will be used to help the farmers increase their productivity," Pernia told reporters.The Philippines' total rice inventory, inclusive of stocks from households, commercial warehouses, and NFA depositories, registered a marked drop to 1,795.78 metric tons (MT) as of February 1 this year, said NEDA.Even if 250,000 MT of imported rice is scheduled to arrive in May, NEDA said this will not be able to meet the country's rice demand in the succeeding months.NEDA Undersecretary for Policy and Planning Rosemarie Edillon had said inflationary pressures from other agricultural food items must be managed as well, while at the same time anticipating developments in international oil markets.
"Given the risks, we really need to be anticipative and proactive in implementing measures to ensure price stability and cushion the impact of higher consumer prices on the poor," Edillon had said. – Rappler.com

Nagpur Foodgrain Prices Open- April 24, 2018
Nagpur Foodgrain Prices – APMC/Open Market-April 24, 2018

Nagpur, April 24 (Reuters) – Gram and tuar prices showed weak tendency in Nagpur Agriculture
Produce Marketing Committee (APMC) on lack of demand from local millers. Easy condition on NCDEX
in gram prices, fresh fall in Madhya Pradesh pulses and release of stock from stockists also
pushed down prices here.
About 2,700 bags of gram and 1,400 bags of tuar reported for auction in Nagpur APMC, according
to sources. 

    FOODGRAINS & PULSES
    
   GRAM
   * Gram varieties ruled steady in open market here on subdued demand from local traders
  
   TUAR     
   * Tuar Fataka best variety moved down in open market here on poor demand
     from local traders.   

   * Udid varieties and Batri dal declined in open market here on poor demand from local
     traders amid good supply from producing belts.  
                                                                  
   * In Akola, Tuar New – 4,000-4,075, Tuar dal (clean) – 6,000-6,300, Udid Mogar (clean)
    – 6,500-7,800, Moong Mogar (clean) 7,000-7,200, Gram – 3,500-3,550, Gram Super best
    – 5,200-5,600

   * Wheat, rice and other foodgrain items moved in a narrow range in
     scattered deals and settled at last levels in thin trading activity.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
   
     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                  3,050-3,350         3,050-3,390
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,300-3,920         3,400-3,950
     Moong Auction                n.a.                3,900-4,200
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Wheat Mill quality Auction        1,550-1,640        1,550-1,640
     Gram Super Best Bold            5,500-5,800        5,500-5,800
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,000-5,200        5,000-5,200
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            3,600-3,700        3,600-3,700
     Desi gram Raw                3,550-3,600         3,550-3,600
     Gram Kabuli                12,700-13,200        12,700-13,200
     Tuar Fataka Best-New             6,000-6,200        6,100-6,300
     Tuar Fataka Medium-New        5,700-6,000        5,700-5,900
     Tuar Dal Best Phod-New        5,600-5,800        5,600-5,800
     Tuar Dal Medium phod-New        5,300-5,600        5,300-5,600
     Tuar Gavarani New             4,100-4,150        4,100-4,150
     Tuar Karnataka             4,500-4,700        4,500-4,700
     Masoor dal best            4,800-5,200        4,800-5,200
     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            5,500-6,500        5,500-6,500
     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) 6,500-8,000       6,800-8,300
     Udid Mogar Medium (100 INR/KG)    5,000-6,000        5,300-6,300   
     Udid Dal Black (100 INR/KG)        5,300-5,600        5,500-5,600    
     Batri dal (100 INR/KG)        4,500-4,800        4,800-5,200
     Lakhodi dal (100 INR/kg)          2,550-2,650         2,550-2,650
     Watana Dal (100 INR/KG)            3,500-3,600        3,500-3,600
     Watana Green Best (100 INR/KG)    4,200-4,300        4,200-4,300  
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    1,950-2,000        1,950-2,000  
     Wheat Filter (100 INR/KG)         2,200-2,350           2,200-2,350        
     Wheat Lokwan best (100 INR/KG)    2,200-2,400        2,200-2,400   
     Wheat Lokwan medium (100 INR/KG)   2,000-2,100        2,000-2,100
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-4,000        3,200-4,000   
     MP Sharbati Medium (100 INR/KG)    2,400-2,800        2,400-2,800          
     Rice BPT best (100 INR/KG)        3,400-3,800        3,400-3,800   
     Rice BPT medium (100 INR/KG)        2,800-3,100        2,800-3,100       
     Rice Luchai (100 INR/KG)         2,600-2,800        2,600-2,800     
     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 HMT best (100 INR/KG)        4,000-4,600        4,000-4,600    
     Rice HMT medium (100 INR/KG)        3,700-3,900        3,700-3,900       
     Rice Shriram best(100 INR/KG)      5,200-5,500        5,200-5,500
     Rice Shriram med (100 INR/KG)    4,700-5,000        4,700-5,000      
     Rice Basmati best (100 INR/KG)    9,500-14,000        9,500-14,000    
     Rice Basmati Medium (100 INR/KG)    5,000-7,500        5,000-7,500   
     Rice Chinnor best 100 INR/KG)    6,200-6,500        6,200-6,500   
     Rice Chinnor medium (100 INR/KG)    5,700-6,000        5,700-6,000       
     Jowar Gavarani (100 INR/KG)        2,000-2,200        2,000-2,100   
     Jowar CH-5 (100 INR/KG)         1,800-2,000        1,700-2,000

WEATHER (NAGPUR) 
Maximum temp. 42.0 degree Celsius, minimum temp. 22.7 degree Celsius
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 23 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices)

No comments:

Post a Comment