Friday, April 08, 2016

7th April,2016 daily global,regional and local rice e-newsletter by riceplus magazine

Louisiana rice planting off to good start

Published 04/07 2016 09:29AM
Updated 04/07 2016 09:29AM
Good weather set the stage for good planting conditions for the 2016 rice crop in Louisiana. “In general, we’re off to a good start,” said Steve Linscombe, director of the LSU AgCenter H. Rouse Caffey Rice Research Station. “I think this has probably been the most favorable growing conditions in the month of March in my career.”Some farmers were finished planting as early as March 7, he said.Linscombe said most farmers appear to have good stands, with only a few scattered fields needing to be replanted.The bird repellent AV-1011 is working well at preventing birds from eating rice seed, he said. “This has been an outstanding product for us.”Unlike last year, rains kept farmers out of fields for only a few days, he said.All research projects on the Rice Research Station are on schedule, with a few plots remaining to be planted.

Louisiana’s rice crop could increase over last year’s 412,000 acres, Linscombe said. It may be too late to replant flooded corn fields, and a portion of that land could be used to grow rice.
“By the end of the week, there won’t be too much left to plant in southwest Louisiana,” said AgCenter rice specialist Dustin Harrell.Planting started in early February, and Harrell estimated a third of the crop had been planted before March 10. Favorable weather this year, unlike 2015, allowed farmers to drill-seed more of their rice.Farmers prefer to spread their planting over a few weeks to prevent the rice from ripening and reaching desired moisture levels all at once, Harrell said. “I feel we’ll be close to the acreage we had last year,” he said. 

Not much rice has been planted in northeast Louisiana, and Harrell expects it will be at least two weeks before it gets fully underway. “A lot of that ground is still underwater,” he said.Andrew Granger, AgCenter county agent in Vermilion Parish, said planting is 80 percent complete there.
Farmers who haven’t finished are probably still harvesting crawfish, or they don’t typically plant early, Granger said.Vermilion Parish rice acreage is likely to decrease by about 10-15 percent this year to around 40,000. “The price is the drag,” he said.Todd Fontenot, AgCenter county agent in Evangeline Parish, said farmers are taking advantage of the good weather. “If they’re not finished planting, they’re going to be finished this week.

 It’s moving along pretty fast,” he said.Fontenot estimated 65 percent of the fields are planted and doesn’t expect an acreage change from 2015 in Evangeline Parish. “We’ll be pretty much in line with the 40,000 acres last year,” he said.Jeremy Hebert, AgCenter county agent in Acadia Parish, said planting is nearly finished. “It’s going very, very well, with extremely favorable growing conditions,” he said.Farmers are pleased with the stands. “It seems like everything planted has germinated,” Hebert said.Acreage will be at least the same as last year’s 82,000 acres, he said. “I haven’t heard of anybody reducing rice acreage.”Frances Guidry, AgCenter county agent in Jefferson Davis Parish, said planting has gone smoothly. ”Some are done. Some actually were done in the middle of March,” she said.Farmer Johnny Hensgens, of Calcasieu Parish, said he only has 100 acres remaining, and he will be finished by week’s end.He finished planting last year in March. “I could have finished in March this year, but I held off,” Hensgens said.

He said some of his seed seemed reluctant to emerge after cool temperatures that followed rain, but he didn’t have a problem with blackbirds feeding on seed because he used AV-1011. Two neighboring farmers who didn’t use the product had blackbird problems, he said.Farmer Clarence Berken, of Jefferson Davis Parish, said his planting went well. “We couldn’t have had any better weather in terms of getting it out there and getting it done,” he said.Berken said he finished planting earlier than ever. “I think everybody is satisfied with the way things have gone.”

 
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

 

 

S. Korean rice hits Chinese shelves for first time


2016/04/07 16:23
By Kim Boram

BEIJING, April 7 (Yonhap) -- South Korean rice hit shelves in Beijing for the first time in history on Thursday to meet rising Chinese demand for Korean-made agricultural products and foodstuffs.China's state-run agricultural trading company COFCO Corp. imported some 72 tons of South Korean rice in February and put it on sale in an upscale supermarket of BHG Indigo department store in Beijing.It is the first time that the Korean staple grain has been exported to China, while South Korea imports 200,000 tons of Chinese rice every year in accordance with the mandatory import quota set by the World Trade Organization."Exports of rice represent our efforts to help South Korean agricultural products go overseas," Agricultural Minister Lee Dong-phil said during a ceremony marking the arrival of the Korean rice in Beijing.

 "It also marks the first step to strike balance in the rice trade between the two countries."   He said he will make efforts to tap deeper into the world's biggest rice buyer that imports an annual 2.5 million tons.The Chinese sale of South Korean rice came nearly a decade after the Seoul government asked Beijing to open the market, which had been blocked by the Chinese government's tough quarantine requirements.In a Korea-China summit meeting in September last year, their leaders agreed to ease quarantine regulations on South Korean rice.Following the agreement, some 30 tons of rice went to Shanghai and 72 tons to Beijing since the beginning of the year.
The South Korean government expects that a total 2,000 tons of rice will be shipped to China by the end of this year, with the total amount of outbound shipments reaching 4,000 tons.Exports of South Korean agricultural products to the world's second-largest economy have been on a steady rise in recent years as the Korean Wave, or Hallyu, is spreading Korean culinary culture and cuisine from TV dramas and the K-pop boom.Some US$1 billion won worth of South Korean food was sold in China last year, with the figure projected to rise to $1.4 billion this year.

Thai rice exporters sign MOU to sell 150,000 tons of rice to Hong Kong


BY EDITORON 2016-04-07THAILAND


BANGKOK: — Thai exporters yesterday entered a memorandum of understanding agreement with Hong Kong rice importers to sell 150,000 tons of quality rice.The signing of MOU was witnessed by the commerce minister Mrs Aphiradee Tantraporn. Under the MOU, seven Hong Kong companies agreed to buy 150,000 tons of rice from Thai rice exporters.The deal is estimated to be worth 120 million USD.The Commerce Ministry has plans to increase Thailand’s market share in Hong Kong from 57% to 65% for 2016. This will represent a total of no less than 200,000 tons of Thai rice exports to the former colony.The ministry also has plans to further increase this amount to 300,000 tons within the next 1 – 2 years.Official estimate for Thai rice exports for this year is that the target of 9 – 9.5 million tons will be met.

However it is still lower than last year’s rice exports which were 10 million tons.This is due almost entirely to the national drought crisis which had caused production to drop.There are altogether 12 million tons of rice stocks remaining which will not help market prices for Thai white rice to increase any time soon.As a consequence, the Ministry of Commerce has been forced to revise its marketing plans to focus more on the quality of Thai rice.Markets targeted for high quality rice are primarily in the Asian region such as Hong Kong, Singapore, China and the US which have higher purchasing power.In order for the plan to be successful the ministry has had to garner the cooperation of the private sector as well as farmers. Higher production quality has been specified for rice farmers focusing on planting ‘Rice Berry’ and organic rice crops while the private sector has been tasked with coming up with effective marketing programs.These efforts have enabled the ministry to confidently assert that Thailand’s rice exports will see a marked increase within this year, according to the Commerce minister.
Source: http://englishnews.thaipbs.or.th/content/158585




Rice millers face cash flow problems due to dodgy middlemen

BY EDITORON 2016-04-07THAILAND
]
Rice millers face cash flow problems due to dodgy middlemen
BANGKOK, 7 April 2016 (NNT) – The Thai Rice Mills Association has called on the government to protect rice mill operators from suspicious exporters and middlemen.
The association held a seminar that was attended by more than 200 rice millers. Secretary-General of the Thai Rice Mills Association Kriengsak Tapananon said many rice millers are having cash flow problems, which he blamed on intermediaries who failed to compensate producers. Mr. Kriengsak wants the government to mediate negotiations between rice millers and supply chain middlemen.President of the Thai Rice Mills Association Manas Kitprasert said that rice farmers have also been affected by the rice millers’ cash flow problems. The lack of funds has forced rice millers to scale back their rice purchases from farmers. The knock-on effect will likely introduce fluctuations in the rice market.
— NNT 2016-04-07
http://news.thaivisa.com/thailand/rice-millers-face-cash-flow-problems-due-to-dodgy-middlemen/137758/




Commerce minister visits Hong Kong to expand bilateral trade and investment

Date : 7 เมษายน 2559
BANGKOK, 7 April 2016 (NNT) - Commerce Minister Abhiradee Tantraporn has visited Hong Kong from April 5-7, 2016, to expand trade and investment between the two countries and push for ASEAN-Hong Kong Free Trade Agreement negotiations. She seized the opportunity to promote Discover Thai Taste 2016 event to be held from April 5 to 30 at Mira Hotel where an exhibition on Riceberry will be organized. Besides, the Rice Exporters Association of Thailand will discuss with the Rice Importers Association of Hong Kong marketing and public relations plans to promote the Thai rice in 2016. Thai exporters have also entered a memorandum of understanding with Hong Kong rice importers to sell 150,000 tons of quality rice. Under the MoU, seven Hong Kong companies have agreed to buy 150,000 tons of rice from Thai rice exporters.

The Commerce Ministry has planned to increase Thailand’s market share in Hong Kong from 57% to 65% in 2016. The ministry also has plans to further increase the amount to 300,000 tons within the next few years. Thai rice exports throughout this year have been targeted at 9 million to 9.5 million tons.
http://thainews.prd.go.th/CenterWeb/NewsEN/NewsDetail?NT01_NewsID=WNECO5904070010020#sthash.R2Pcuv1v.dpuf

Rice Prices

as on : 06-04-2016 08:11:31 PM

Arrivals
Price
Current
%
change
Season 
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Gorakhpur(UP)
1800.00
542.86
5752.00
1540
2070
-23.00
Rayagada(Muniguda)(Ori)
230.00
-
230.00
2500
-
-
Allahabad(UP)
150.00
7.14
5850.00
2165
2165
1.64
Durgapur(WB)
133.50
1.14
1194.00
2200
2200
-8.33
Asansol(WB)
132.00
NC
1978.50
2200
2200
-
Ballia(UP)
120.00
NC
6590.00
2010
2015
2.03
Mathabhanga(WB)
100.00
-23.08
3450.00
1950
1950
NC
Pilibhit(UP)
98.00
-2
18094.00
2195
2185
0.69
Sehjanwa(UP)
92.00
13.58
520.50
2080
2080
5.32
Ghaziabad(UP)
75.00
36.36
2325.00
2150
2150
1.18
Thodupuzha(Ker)
70.00
NC
2240.00
2650
2650
8.16
Etawah(UP)
70.00
-30
18785.00
2270
2275
1.34
Saharanpur(UP)
70.00
7.69
4282.00
2170
2160
2.36
Kalipur(WB)
65.00
8.33
4532.00
2050
2050
NC
Achalda(UP)
50.00
-28.57
3192.50
2290
2280
3.62
Pandua(WB)
48.00
4.35
1569.00
2700
2500
NC
Jorhat(ASM)
47.00
74.07
1339.00
2700
2700
-3.57
Gondal(UP)
45.00
-40
11317.10
2030
2050
1.00
Kasimbazar(WB)
43.50
NC
1539.00
2280
2280
-6.94
Karimganj(ASM)
40.00
NC
1400.00
2200
2200
4.76
Beldanga(WB)
37.00
-5.13
1610.00
2280
2280
-6.94
Khatra(WB)
37.00
-5.13
724.00
2100
2200
-10.64
Purulia(WB)
36.00
50
1687.00
2120
2120
-10.17
Dhekiajuli(ASM)
30.00
NC
860.00
1800
1900
-3.74
Kolhapur(Laxmipuri)(Mah)
30.00
NC
1379.00
3200
3200
-
Diamond Harbour(South 24-pgs)(WB)
23.00
15
562.00
1900
1850
-15.56
Cachar(ASM)
20.00
NC
1450.00
2700
2700
NC
Haldibari(WB)
20.00
NC
656.50
2350
2350
-11.32
Yusufpur(UP)
18.00
-48.57
605.00
1930
1920
0.52
Kolaghat(WB)
18.00
NC
474.00
2300
2300
-8.00
Lakhimpur(UP)
17.00
21.43
147.00
2140
2170
0.71
Tamluk (Medinipur E)(WB)
17.00
6.25
526.00
2300
2300
9.52
Sirsa(UP)
16.50
NC
432.50
2070
2080
0.49
Jahanabad(UP)
15.80
5.33
250.80
2170
2200
13.02
Tinsukia(ASM)
15.00
NC
115.00
2250
2200
-10.00
Kannauj(UP)
14.50
11.54
321.00
2185
2185
0.23
Firozabad(UP)
14.00
NC
531.00
2060
2070
3.52
Champadanga(WB)
14.00
40
714.00
2350
2350
-9.62
Jeypore(Kotpad)(Ori)
12.30
-15.75
216.50
3250
3250
NC
Dibrugarh(ASM)
12.10
-32.78
994.40
2400
2400
-
Pukhrayan(UP)
12.00
9.09
176.50
2045
2040
-6.19
Tanakpur(Utr)
12.00
-60
223.10
1900
1950
-5.00
Nilagiri(Ori)
9.00
12.5
359.00
2300
2300
4.55
Sheoraphuly(WB)
9.00
-5.26
344.50
2700
2675
NC
North Lakhimpur(ASM)
7.90
-60.89
1234.20
1900
1900
-
Chengannur(Ker)
7.50
NC
454.50
2400
2400
-4.00
Bolangir(Ori)
7.50
-6.25
193.50
2200
2200
-8.33
Tusura(Ori)
7.50
7.14
189.00
2200
2200
-8.33
Bhivandi(Mah)
7.00
NC
260.00
2580
2540
66.45
Khairagarh(UP)
7.00
-30
317.00
2100
2070
5.53
Muradabad(UP)
7.00
-22.22
438.70
2300
2270
13.58
Karanjia(Ori)
6.50
8.33
219.30
2600
2600
4.00
Mirzapur(UP)
6.50
8.33
1201.50
1940
1945
-1.52
Palghar(Mah)
4.00
-76.47
535.00
2003
3170
-45.51
Imphal(Man)
3.30
NC
171.60
2900
2900
NC
Alibagh(Mah)
3.00
NC
108.00
4000
4000
150.00
Mangaon(Mah)
3.00
200
28.00
2800
2800
NC
Murud(Mah)
3.00
NC
180.00
3000
3750
87.50
Rahama(Ori)
2.40
-2.04
29.26
2500
2450
13.64
Aroor(Ker)
2.00
-33.33
153.70
7000
6400
-5.41
Siyana(UP)
2.00
33.33
67.50
2055
2050
0.24
Lamlong Bazaar(Man)
1.40
NC
54.00
2900
2900
NC
Kasipur(WB)
1.10
-15.38
25.30
2100
2100
-8.70
Bonai(Bonai)(Ori)
1.00
NC
94.10
2000
2000
-9.09
http://www.thehindubusinessline.com/economy/agri-business/article8441323.ece





IGKV scientists develop diabetic-friendly rice

·         TOI

·         Raipur

·         Thu,07 Apr 2016

 Summary: "He said state's 200 varieties of rice were screened of which local variety called "Chaptigurmatiya" was discovered, which was re-named as Chhattisgarh Madhuraj paddy-55. Hence, objective of this study was to determine the variability in GI of popular improved and traditional varieties of rice and to find the genetic basis of GI. "In its options, diabetic patients are advised to consume brown rice or unpolished rice, which is low in GI but its taste is still unpopular among rice-eaters hence this CGMP-55 is a blend of taste and healthy values for diabetics," Chandel said.It may take another year before the rice hits market.

 It is consumed by natives of Chhattisgarh, who claim that it is the best stomach-filler and one's appetite remains in control many hours of eating it. Raipur: Indira Gandhi Agriculture University (IGKV) in Chhattisgarh has developed Chhattisgarh Madhuraj paddy- 55, a slow sugar releasing variety of rice, which is good in taste and is considered suitable for consumption by diabetic type-II patients.IGKV principal scientist Dr Girish Chandel, professor in department of plant molecular Biology and Biotechnology, took three years to develop this variety of paddy.Dr G R Sahu and AK Sarawgi of IGKV assisted in the project.

Raipur: Indira Gandhi Agriculture University (IGKV) in Chhattisgarh has developed Chhattisgarh Madhuraj paddy- 55, a slow sugar releasing variety of rice, which is good in taste and is considered suitable for consumption by diabetic type-II patients.IGKV principal scientist Dr Girish Chandel, professor in department of plant molecular Biology and Biotechnology, took three years to develop this variety of paddy.Dr G R Sahu and AK Sarawgi of IGKV assisted in the project. Dr Girish told TOI, "Type II diabetes is a major chronic disease and its prevalence is increasing, while various studies indicate that choice of carbohydrates, particularly those with low Glycaemic Index (GI) is able to assist in management or prevention of type II diabetes.

Hence, objective of this study was to determine the variability in GI of popular improved and traditional varieties of rice and to find the genetic basis of GI."He said state's 200 varieties of rice were screened of which local variety called "Chaptigurmatiya" was discovered, which was re-named as Chhattisgarh Madhuraj paddy-55. He said this variety has low GI with 91% of total carbohydrates and it has slow releasing sugar tendencies, which was discovered after mouse feeding trials by Chhattisgarh Council of Science of Technology.Chandel said this variety has high yield of 42 quintal per hectare and is long bold grain rice, which is white in colour.


It is consumed by natives of Chhattisgarh, who claim that it is the best stomach-filler and one's appetite remains in control many hours of eating it. "In its options, diabetic patients are advised to consume brown rice or unpolished rice, which is low in GI but its taste is still unpopular among rice-eaters hence this CGMP-55 is a blend of taste and healthy values for diabetics," Chandel said.It may take another year before the rice hits market.. 


Source: http://timesofindia.indiatimes.com/city/raipur/IGKV-scientists-develop-diabetic-friendly-rice/articleshow/51722631.cms
http://www.nyoooz.com/raipur/419368/igkv-scientists-develop-diabeticfriendly-rice






We want to make Gambia net rice exporter’


Thursday, April 07, 2016
The Deputy Director at the Agribusiness Technical Service Unit under the Department of Agriculture, Aba Sankareh, has said the Department of Agriculture through its line ministry is working hard to make The Gambia a net rice exporter rather than a net rice importer.Achieving this needs concerted efforts of all stakeholders in the value chain actors in rice, ranging from producers, to transporters, processors, marketers and importers, he said, while delivering a statement at a day’s consultative rice stakeholders meeting held at Tango.


The meeting was organised by the Agribusiness Service Unit with support from the Gambia Commercial Agriculture and Value Chain Management Project (GCAV).The meeting discussed the feasibility of a partnership agreement between rice producers, processors and importers, as well as strengthening public-private partnerships.The project’s objective of this component is to improve the rice value chain and coordination, through support to SMEs and producer organisations, to enhance their productive capacity and competitiveness and develop market linkages, Mr Sankareh said.“The subcomponent will facilitate farmers’ access to market by creating and supporting commercial partnership between farmers, organisations and private agribusinesses,” he said.


This, he noted, would foster the integration of a greater number of smallholder producers in performing and remunerative value-chain by developing and implementing public-private alliance in the project areas aimed at improving market linkages.According to Mr Sankareh, the forum was also held to bring all the rice actors and players together to discuss what to be done, or what strategy or plans would be put in place to see that The Gambia is able to “graduate in the next year to be a net exporter of rice”.This was one of the fundamental aspects that led to organising the consultative meeting to share ideas, experience and expertise, as well as to discuss challenges affecting the rice value chain, and carve a way forward in the best interest of the Gambian populace in achieving self-sufficiency in rice, he said.


Mr Sankareh also dilated on the importance attached to the GCAV project, and called for better public-private partnerships to be able to make head way in agricultural production.He said GCAV is a project that is focusing on two commodities: vegetable and rice, adding that they are trying to effect partnerships with members of the private sector through the value chain on vegetable and rice.For the national requirement to be met in rice, the nation should be able to attain about one hundred thousand plus metric tonnes of rice.“We have visions in place like Vision 2016, Vision 2020 and now Vision 2025,” he said, adding that the objective of Vision 2016 is: ‘eat what you grow and grow what you’ and at the same time trying to make The Gambia a net rice exporter rather than a net rice importer.

They are also trying to promote private sector investment in the rice sector, he said, adding that in most countries private sector-led agriculture is the goal when it comes to investment.According to Mr Sankareh, the outcome of the meeting would be forwarded to the policymakers, because “their role is also very crucial”.
http://thepoint.gm/africa/gambia/article/we-want-to-make-gambia-net-rice-exporter







Gov’t waives VAT to support rice millers



A worker carries a bucket of freshly milled rice at a small milling operation on the outskirts of Phnom Penh in 2012. Pha Lina
Agricultural products have been granted an exemption from the value-added tax (VAT) as part of a government effort to support local rice farmers and millers, according to a prakas issued Wednesday by the General Taxation Department.The prakas, effective immediately, aimed to reduce the cost farmers pay for seeds and rice millers must pay for paddy, making rice production more price-competitive, the prakas said
http://www.phnompenhpost.com/business/govt-waives-vat-support-rice-millers



Colour me yellow



Celebrate spring and summer with tehri, a potent one-pot rice dish from the Hindi heartland

The first time I had to describe tehri to someone, I was at a loss. More difficult than explaining the simple dish was accepting the fact that there was someone who did not know what tehri was. After all, I had grown up eating it every other day.
As luck would have it, in the years to come, I had to describe the dish many times over, to many people. And so I adopted a simple shortcut: I called it “yellow pulav”. It is another matter altogether that tehri and pulav are as different as chalk and cheese; their only similarity is that they are rice dishes. The differences I usually leave for my culinary skills to explain.A staple of vegetarian households in the dusty small towns of Uttar Pradesh, tehri is a potent one-pot meal that owes its origin to the vegetarian employees of the Nawabs of Awadh, who could not eat the meaty biryani, and invented a vegetarian counterpart which was simpler to make. Another story g oes that during the time of famine, when meat was hard to find, the cooks of the royal kitchen substituted mutton with potatoes, and thus was born tehri.Unlike pulav or biryani, tehri is neither rich nor ceremonial, but an ordinary meal for ordinary people. And in that ordinariness lies its specialty. Although cooked throughout the year, it is in spring that the true character of the dish comes out, when other than potatoes, peas and cauliflower are also added to it.

One does not know if the rice dish got its colour from spring or if spring adopted tehri for its rich yellow colour, but when bright yellow flowers blossom on the rich soil of the Hindi heartland, a pot of tehri is certainly being cooked somewhere.
Tehri
Ingredients:
2 cups long-grain basmati rice, soaked for 20-30 minutes
1 cup shelled green peas
1 cup cauliflower florets
1 large onion sliced
1 large potato cut into 4
50 ml cooking oil (mustard oil preferred)
2 bay leaves
1/2 tsp cumin
1 tsp turmeric
1/2 tsp coriander powder
1 to 1.5 tsp red chilli powder
1/2 tsp garam masala powder
Salt to taste
1 tsp ghee
2.5 cups water
Method:
In a large, thick-bottomed pressure cooker, pour the oil and heat till smoking point.
When the oil begins to smoke, add bay leaves, cumin seeds, and onion. Stir.
When the onion turns translucent, add the potatoes and the cauliflower.
Stir for another couple of minutes and add the turmeric, coriander powder and red chilli powder.
When the vegetables turn a light shade of brown, and the spices are cooked, add the soaked rice and stir gently for about a minute, until every grain is covered in oil. Make sure the rice does not break.
Add shelled peas and water.
Finally add salt, garam masala and ghee, and give it another stir. Close the cooker.
Turn the stove off after the first whistle and let the rice cook in its own steam.
Open the cooker after about 10 minutes; serve immediately with plain curd, fresh coriander chutney, or pickle.
Best eaten in the warm spring sun, among flying kites and playful banter.
Note: In summer, the dish can easily be made without the peas and cauliflower: just increase the quantity of potatoes. Soaked soya nuggets can also be added.
http://www.thehindu.com/features/metroplus/Food/colour-me-yellow-with-tehri/article8446812.ece




Rice Prices

as on : 06-04-2016 08:11:31 PM

Arrivals
Price
Current
%
change
Season 
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Gorakhpur(UP)
1800.00
542.86
5752.00
1540
2070
-23.00
Rayagada(Muniguda)(Ori)
230.00
-
230.00
2500
-
-
Allahabad(UP)
150.00
7.14
5850.00
2165
2165
1.64
Durgapur(WB)
133.50
1.14
1194.00
2200
2200
-8.33
Asansol(WB)
132.00
NC
1978.50
2200
2200
-
Ballia(UP)
120.00
NC
6590.00
2010
2015
2.03
Mathabhanga(WB)
100.00
-23.08
3450.00
1950
1950
NC
Pilibhit(UP)
98.00
-2
18094.00
2195
2185
0.69
Sehjanwa(UP)
92.00
13.58
520.50
2080
2080
5.32
Ghaziabad(UP)
75.00
36.36
2325.00
2150
2150
1.18
Thodupuzha(Ker)
70.00
NC
2240.00
2650
2650
8.16
Etawah(UP)
70.00
-30
18785.00
2270
2275
1.34
Saharanpur(UP)
70.00
7.69
4282.00
2170
2160
2.36
Kalipur(WB)
65.00
8.33
4532.00
2050
2050
NC
Achalda(UP)
50.00
-28.57
3192.50
2290
2280
3.62
Pandua(WB)
48.00
4.35
1569.00
2700
2500
NC
Jorhat(ASM)
47.00
74.07
1339.00
2700
2700
-3.57
Gondal(UP)
45.00
-40
11317.10
2030
2050
1.00
Kasimbazar(WB)
43.50
NC
1539.00
2280
2280
-6.94
Karimganj(ASM)
40.00
NC
1400.00
2200
2200
4.76
Beldanga(WB)
37.00
-5.13
1610.00
2280
2280
-6.94
Khatra(WB)
37.00
-5.13
724.00
2100
2200
-10.64
Purulia(WB)
36.00
50
1687.00
2120
2120
-10.17
Dhekiajuli(ASM)
30.00
NC
860.00
1800
1900
-3.74
Kolhapur(Laxmipuri)(Mah)
30.00
NC
1379.00
3200
3200
-
Diamond Harbour(South 24-pgs)(WB)
23.00
15
562.00
1900
1850
-15.56
Cachar(ASM)
20.00
NC
1450.00
2700
2700
NC
Haldibari(WB)
20.00
NC
656.50
2350
2350
-11.32
Yusufpur(UP)
18.00
-48.57
605.00
1930
1920
0.52
Kolaghat(WB)
18.00
NC
474.00
2300
2300
-8.00
Lakhimpur(UP)
17.00
21.43
147.00
2140
2170
0.71
Tamluk (Medinipur E)(WB)
17.00
6.25
526.00
2300
2300
9.52
Sirsa(UP)
16.50
NC
432.50
2070
2080
0.49
Jahanabad(UP)
15.80
5.33
250.80
2170
2200
13.02
Tinsukia(ASM)
15.00
NC
115.00
2250
2200
-10.00
Kannauj(UP)
14.50
11.54
321.00
2185
2185
0.23
Firozabad(UP)
14.00
NC
531.00
2060
2070
3.52
Champadanga(WB)
14.00
40
714.00
2350
2350
-9.62
Jeypore(Kotpad)(Ori)
12.30
-15.75
216.50
3250
3250
NC
Dibrugarh(ASM)
12.10
-32.78
994.40
2400
2400
-
Pukhrayan(UP)
12.00
9.09
176.50
2045
2040
-6.19
Tanakpur(Utr)
12.00
-60
223.10
1900
1950
-5.00
Nilagiri(Ori)
9.00
12.5
359.00
2300
2300
4.55
Sheoraphuly(WB)
9.00
-5.26
344.50
2700
2675
NC
North Lakhimpur(ASM)
7.90
-60.89
1234.20
1900
1900
-
Chengannur(Ker)
7.50
NC
454.50
2400
2400
-4.00
Bolangir(Ori)
7.50
-6.25
193.50
2200
2200
-8.33
Tusura(Ori)
7.50
7.14
189.00
2200
2200
-8.33
Bhivandi(Mah)
7.00
NC
260.00
2580
2540
66.45
Khairagarh(UP)
7.00
-30
317.00
2100
2070
5.53
Muradabad(UP)
7.00
-22.22
438.70
2300
2270
13.58
Karanjia(Ori)
6.50
8.33
219.30
2600
2600
4.00
Mirzapur(UP)
6.50
8.33
1201.50
1940
1945
-1.52
Palghar(Mah)
4.00
-76.47
535.00
2003
3170
-45.51
Imphal(Man)
3.30
NC
171.60
2900
2900
NC
Alibagh(Mah)
3.00
NC
108.00
4000
4000
150.00
Mangaon(Mah)
3.00
200
28.00
2800
2800
NC
Murud(Mah)
3.00
NC
180.00
3000
3750
87.50
Rahama(Ori)
2.40
-2.04
29.26
2500
2450
13.64
Aroor(Ker)
2.00
-33.33
153.70
7000
6400
-5.41
Siyana(UP)
2.00
33.33
67.50
2055
2050
0.24
Lamlong Bazaar(Man)
1.40
NC
54.00
2900
2900
NC
Kasipur(WB)
1.10
-15.38
25.30
2100
2100
-8.70
Bonai(Bonai)(Ori)
1.00
NC
94.10
2000
2000
-9.09
http://www.thehindubusinessline.com/economy/agri-business/article8441323.ece





IGKV scientists develop diabetic-friendly rice

·         TOI

·         Raipur

·         Thu,07 Apr 2016

 Summary: "He said state's 200 varieties of rice were screened of which local variety called "Chaptigurmatiya" was discovered, which was re-named as Chhattisgarh Madhuraj paddy-55. Hence, objective of this study was to determine the variability in GI of popular improved and traditional varieties of rice and to find the genetic basis of GI. "In its options, diabetic patients are advised to consume brown rice or unpolished rice, which is low in GI but its taste is still unpopular among rice-eaters hence this CGMP-55 is a blend of taste and healthy values for diabetics," Chandel said.It may take another year before the rice hits market.

 It is consumed by natives of Chhattisgarh, who claim that it is the best stomach-filler and one's appetite remains in control many hours of eating it. Raipur: Indira Gandhi Agriculture University (IGKV) in Chhattisgarh has developed Chhattisgarh Madhuraj paddy- 55, a slow sugar releasing variety of rice, which is good in taste and is considered suitable for consumption by diabetic type-II patients.IGKV principal scientist Dr Girish Chandel, professor in department of plant molecular Biology and Biotechnology, took three years to develop this variety of paddy.Dr G R Sahu and AK Sarawgi of IGKV assisted in the project.

Raipur: Indira Gandhi Agriculture University (IGKV) in Chhattisgarh has developed Chhattisgarh Madhuraj paddy- 55, a slow sugar releasing variety of rice, which is good in taste and is considered suitable for consumption by diabetic type-II patients.IGKV principal scientist Dr Girish Chandel, professor in department of plant molecular Biology and Biotechnology, took three years to develop this variety of paddy.Dr G R Sahu and AK Sarawgi of IGKV assisted in the project. Dr Girish told TOI, "Type II diabetes is a major chronic disease and its prevalence is increasing, while various studies indicate that choice of carbohydrates, particularly those with low Glycaemic Index (GI) is able to assist in management or prevention of type II diabetes.

Hence, objective of this study was to determine the variability in GI of popular improved and traditional varieties of rice and to find the genetic basis of GI."He said state's 200 varieties of rice were screened of which local variety called "Chaptigurmatiya" was discovered, which was re-named as Chhattisgarh Madhuraj paddy-55. He said this variety has low GI with 91% of total carbohydrates and it has slow releasing sugar tendencies, which was discovered after mouse feeding trials by Chhattisgarh Council of Science of Technology.Chandel said this variety has high yield of 42 quintal per hectare and is long bold grain rice, which is white in colour.


It is consumed by natives of Chhattisgarh, who claim that it is the best stomach-filler and one's appetite remains in control many hours of eating it. "In its options, diabetic patients are advised to consume brown rice or unpolished rice, which is low in GI but its taste is still unpopular among rice-eaters hence this CGMP-55 is a blend of taste and healthy values for diabetics," Chandel said.It may take another year before the rice hits market.. 


Source: http://timesofindia.indiatimes.com/city/raipur/IGKV-scientists-develop-diabetic-friendly-rice/articleshow/51722631.cms
http://www.nyoooz.com/raipur/419368/igkv-scientists-develop-diabeticfriendly-rice





We want to make Gambia net rice exporter’


Thursday, April 07, 2016
The Deputy Director at the Agribusiness Technical Service Unit under the Department of Agriculture, Aba Sankareh, has said the Department of Agriculture through its line ministry is working hard to make The Gambia a net rice exporter rather than a net rice importer.Achieving this needs concerted efforts of all stakeholders in the value chain actors in rice, ranging from producers, to transporters, processors, marketers and importers, he said, while delivering a statement at a day’s consultative rice stakeholders meeting held at Tango.


The meeting was organised by the Agribusiness Service Unit with support from the Gambia Commercial Agriculture and Value Chain Management Project (GCAV).The meeting discussed the feasibility of a partnership agreement between rice producers, processors and importers, as well as strengthening public-private partnerships.The project’s objective of this component is to improve the rice value chain and coordination, through support to SMEs and producer organisations, to enhance their productive capacity and competitiveness and develop market linkages, Mr Sankareh said.“The subcomponent will facilitate farmers’ access to market by creating and supporting commercial partnership between farmers, organisations and private agribusinesses,” he said.


This, he noted, would foster the integration of a greater number of smallholder producers in performing and remunerative value-chain by developing and implementing public-private alliance in the project areas aimed at improving market linkages.According to Mr Sankareh, the forum was also held to bring all the rice actors and players together to discuss what to be done, or what strategy or plans would be put in place to see that The Gambia is able to “graduate in the next year to be a net exporter of rice”.This was one of the fundamental aspects that led to organising the consultative meeting to share ideas, experience and expertise, as well as to discuss challenges affecting the rice value chain, and carve a way forward in the best interest of the Gambian populace in achieving self-sufficiency in rice, he said.


Mr Sankareh also dilated on the importance attached to the GCAV project, and called for better public-private partnerships to be able to make head way in agricultural production.He said GCAV is a project that is focusing on two commodities: vegetable and rice, adding that they are trying to effect partnerships with members of the private sector through the value chain on vegetable and rice.For the national requirement to be met in rice, the nation should be able to attain about one hundred thousand plus metric tonnes of rice.“We have visions in place like Vision 2016, Vision 2020 and now Vision 2025,” he said, adding that the objective of Vision 2016 is: ‘eat what you grow and grow what you’ and at the same time trying to make The Gambia a net rice exporter rather than a net rice importer.

They are also trying to promote private sector investment in the rice sector, he said, adding that in most countries private sector-led agriculture is the goal when it comes to investment.According to Mr Sankareh, the outcome of the meeting would be forwarded to the policymakers, because “their role is also very crucial”.
http://thepoint.gm/africa/gambia/article/we-want-to-make-gambia-net-rice-exporter







Gov’t waives VAT to support rice millers



A worker carries a bucket of freshly milled rice at a small milling operation on the outskirts of Phnom Penh in 2012. Pha Lina
Agricultural products have been granted an exemption from the value-added tax (VAT) as part of a government effort to support local rice farmers and millers, according to a prakas issued Wednesday by the General Taxation Department.The prakas, effective immediately, aimed to reduce the cost farmers pay for seeds and rice millers must pay for paddy, making rice production more price-competitive, the prakas said
http://www.phnompenhpost.com/business/govt-waives-vat-support-rice-millers



Colour me yellow



Celebrate spring and summer with tehri, a potent one-pot rice dish from the Hindi heartland

The first time I had to describe tehri to someone, I was at a loss. More difficult than explaining the simple dish was accepting the fact that there was someone who did not know what tehri was. After all, I had grown up eating it every other day.
As luck would have it, in the years to come, I had to describe the dish many times over, to many people. And so I adopted a simple shortcut: I called it “yellow pulav”. It is another matter altogether that tehri and pulav are as different as chalk and cheese; their only similarity is that they are rice dishes. The differences I usually leave for my culinary skills to explain.A staple of vegetarian households in the dusty small towns of Uttar Pradesh, tehri is a potent one-pot meal that owes its origin to the vegetarian employees of the Nawabs of Awadh, who could not eat the meaty biryani, and invented a vegetarian counterpart which was simpler to make. Another story g oes that during the time of famine, when meat was hard to find, the cooks of the royal kitchen substituted mutton with potatoes, and thus was born tehri.Unlike pulav or biryani, tehri is neither rich nor ceremonial, but an ordinary meal for ordinary people. And in that ordinariness lies its specialty. Although cooked throughout the year, it is in spring that the true character of the dish comes out, when other than potatoes, peas and cauliflower are also added to it.

One does not know if the rice dish got its colour from spring or if spring adopted tehri for its rich yellow colour, but when bright yellow flowers blossom on the rich soil of the Hindi heartland, a pot of tehri is certainly being cooked somewhere.
Tehri
Ingredients:
2 cups long-grain basmati rice, soaked for 20-30 minutes
1 cup shelled green peas
1 cup cauliflower florets
1 large onion sliced
1 large potato cut into 4
50 ml cooking oil (mustard oil preferred)
2 bay leaves
1/2 tsp cumin
1 tsp turmeric
1/2 tsp coriander powder
1 to 1.5 tsp red chilli powder
1/2 tsp garam masala powder
Salt to taste
1 tsp ghee
2.5 cups water
Method:
In a large, thick-bottomed pressure cooker, pour the oil and heat till smoking point.
When the oil begins to smoke, add bay leaves, cumin seeds, and onion. Stir.
When the onion turns translucent, add the potatoes and the cauliflower.
Stir for another couple of minutes and add the turmeric, coriander powder and red chilli powder.
When the vegetables turn a light shade of brown, and the spices are cooked, add the soaked rice and stir gently for about a minute, until every grain is covered in oil. Make sure the rice does not break.
Add shelled peas and water.
Finally add salt, garam masala and ghee, and give it another stir. Close the cooker.
Turn the stove off after the first whistle and let the rice cook in its own steam.
Open the cooker after about 10 minutes; serve immediately with plain curd, fresh coriander chutney, or pickle.
Best eaten in the warm spring sun, among flying kites and playful banter.
Note: In summer, the dish can easily be made without the peas and cauliflower: just increase the quantity of potatoes. Soaked soya nuggets can also be added.
http://www.thehindu.com/features/metroplus/Food/colour-me-yellow-with-tehri/article8446812.ece












 South Korea's Agricultural Minister Lee Dong-phil (R) checks rice products at a ceremony to celebrate the first export of Korean rice to China in Beijing on April 7, 2016. (Photo courtesy of the Ministry of Agriculture, Food and Rural Affairs)
(END)

http://english.yonhapnews.co.kr/business/2016/04/07/97/0501000000AEN20160407006900320F.html


 

8th April,2016 daily exclusive oryza rice e-newsletter by riceplus magazine








FAO Forecasts 2016-17 Global Rice Production at 495.2 Million Tons; Up 1% from Previous Year



Apr 07, 2016




In its April 2016 Cereal Supply and Demand Brief, the UN's Food and Agricultural Organization (FAO) forecasts 2016-17 global rice production at around 495.2 million tons, up about 1% from an estimated 490.3 million tons in 2015-16. "The forecast assumes a return to normal weather patterns in time for main-crop plantings in northern hemisphere Asia, following two consecutive seasons of erratic rains affecting planting activities," says the FAO. It adds that the current forecast implies a third successive season of below-trend growth, reflecting the continuation of the negative impacts of El Nino in the southern hemisphere.
The FAO estimates 2016-17 global rice utilization to increase by 1.4% to around 503.4 million tons, up about 1.5% from an estimated 496.2 million tons in 2015-16. Of this, 405 million tons is expected to be consumed as food. The FAO expects the global capita annual consumption to be steady at around 54.6 kilograms per person.
The FAO estimates 2016 global rice stocks at around 164 million tons, down about 3% from an estimated 168.9 million tons in 2015. The FAO attributes the decline to a fall in the stocks of the major rice exporting countries, amid sustained efforts to trim the size of public reserves and also subdued production growth prospects. The FAO expects the world stocks-to-use ratio at 32%, down from an estimated 33.6% last year.
The FAO estimates 2016 global rice trade at around 44.1 million tons, down from an estimated 44.9 million tons last year due to smaller anticipated imports by African countries, where a combination of good crops and weak local currencies have curbed demand.

 Higher Production Costs Impacting Profit Margins of Brazil Rice Producers, Says USDA Post






Apr 07, 2016
Higher production costs, including electricity, transport and taxes, have been impacting profit margins of Brazilian rice producers in 2015, according to the USDA Post. However, prices have improved during the year, says the Post.
The USDA Post forecasts Brazil MY 2015-16 (April 2016 - March 2017) milled rice production to decline to 8.4 7.8 million tons, down from an estimated 8.465 million tons last year and up from USDA's official estimates of around 7.905 million tons due to a decline in acreage. The production is forecast to further increase to 8.5 million tons in MY 2016-17.
The Post forecasts MY 2015-16 rice area to decline to 2.1 million hectares, down from an estimated 2.295 million hectares and down from the USDA's official estimates of around 2.15 million hectares.
The USDA Post estimates MY 2015-16 imports at 800,000 tons, up from an estimated 450,000 tons last year and up from USDA's official estimates of around 700,000 tons. Brazil imported 376,990 tons of rice in 2015.
It estimates MY 2015-16 rice exports at 800,000 tons, down from an estimated 930,000 tons in the previous year and down from USDA's official estimates of 830,000 tons. Brazil exported 961,540 tons of rice in 2015.

The Post forecasts MY 2015-16 rice consumption to increase slightly to around 7.95 million tons, up from an estimated 7.93 million tons last year and up from USDA's official estimates of around 7.94 million tons.
The Post reports that CONAB is calling on industries, cooperatives and associations to provide their annual assessment of private rice stocks. Last year’s survey showed 116,530 tons of milled rice was held in private stocks. CONAB holds 95,365 tons of public stocks.
Global Rice Quotes
April 8th, 2016
Long grain white rice - high quality
Thailand 100% B grade          380-390           ↔
Vietnam 5% broken    365-375           ↔
India 5% broken         370-380           ↔
Pakistan 5% broken    345-355           ↔
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken             450-460           ↔
U.S. 4% broken           430-440           ↔
Uruguay 5% broken    435-445           ↔
Argentina 5% broken 425-435           ↔
Long grain white rice - low quality
Thailand 25% broken 355-365           ↔
Vietnam 25% broken 355-365           ↔
Pakistan 25% broken 310-320           ↔
Cambodia 25% broken           430-440           ↔
India 25% broken       335-345           ↔
U.S. 15% broken (sacked)      470-480           ↔
Long grain parboiled rice
Thailand parboiled 100% stxd            370-380           ↔
Pakistan parboiled 5% broken stxd    NQ      ↔
India parboiled 5% broken stxd         345-355           ↔
U.S. parboiled 4% broken       480-490           ↔
Brazil parboiled 5% broken    490-510           ↔
Uruguay parboiled 5% broken            NQ      ↔
Long grain fragrant rice
Thailand Hommali 92%          665-675           ↔
Vietnam Jasmine         460-470           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             760-770           ↔
Brokens
Thailand A1 Super      330-340           ↔
Vietnam 100% broken            340-350           ↔
Pakistan 100% broken stxd    285-295           ↔
Cambodia A1 Super   345-355           ↔
India 100% broken stxd         275-285           ↑
Egypt medium grain brokens NQ      ↔
U.S. pet food 315-325           ↔
Brazil half grain          NQ      ↔


All prices USD per ton, FOB vessel, oryza.com



Chinese Supermarkets Start Selling South Korean Rice for First Time




Apr 07, 2016
Chinese supermarkets started selling South Korean rice for the first time in history as China opened its market for the South Korean rice this February, according to Yonhap News.
China's state-run agricultural trading company COFCO Corp. imported around 72 tons of South Korean rice in February and put it on sale in a supermarket in Beijing.
China opened its market for South Korean rice nearly a decade after the Korean government sought for the relaxation of quarantine requirements. In the Korea-China summit meeting in September last year, the Chinese leaders agreed to ease quarantine regulations on South Korean rice.
"Exports of rice represent our efforts to help South Korean agricultural products go overseas. It also marks the first step to strike balance in the rice trade between the two countries," said the Korean Agricultural Minister. He also noted that the government would make efforts to penetrate further into the world's top rice importer. 
The South Korean government is reportedly expecting to export 2,000 tons of rice to China by the end of this year.

OECD Agriculture Ministers to Meet in Paris on April 7-8, 2016 to Discuss New Policies in Global Agriculture






Apr 07, 2016
Agriculture Ministers from the Organisation for Economic Co-operation and Development (OECD) countries and partner economies around the world will meet in Paris on April 7-8, 2016 to discuss "Better Policies to Achieve a Productive, Sustainable and Resilient Global Food System," according to local sources. The meeting will also discuss the future of rice growing sector in the face of growing opportunities and challenges, including climate change and limited resources, such as water. 
Ministers will explore the new policies needed to achieve this widely shared interest, and will exchange on how to ensure that existing policies begin to shift in these directions more quickly.
The Agriculture Ministers of the OECD countries met in February 2010. They are meeting this year after six years to assess whether the policies governments are pursuing are well targeted to address emerging issues and public priorities.
The aim of the meeting is to exchange ideas about policies, in order to best accompany the agricultural sector in responding to the new opportunities and challenges and how to manage the transition to a new policy framework; to deal with the entire food chain, with a strong focus on the knowledge and innovation systems needed to achieve sustainable productivity growth; to discuss how to strengthen global collaboration to that end, including through trade, science and technology, and education and advisory services; to reflect on how the food system can contribute to the overall well-being of local economies.
The meeting will be co-chaired by the U.S. Secretary of Agriculture, and the French Agriculture Minister. In addition to OECD countries, key emerging and developing countries, representatives of civil society and international organisations active in food and agriculture issues will attend the meeting.

Oryza U.S. Rough Rice Recap - Offers Firm in Anticipation of Iraqi Business



Apr 08, 2016
The U.S. cash market was slightly firmer today with offers increasing in anticipation of the U.S. receiving a portion of the Iraqi tender.  However, there were few buyers willing to increase their bids today.
Analysts continue to contend that U.S. will be the most expensive origin offered on the tender; however, some in the industry are still holding out hope that the U.S. will get a least a chunk of the business.
In the meantime, the USDA reported that cumulative net export sales for the week that ended on March 31 totaled 91,200 tons, a considerable increase from the previous week and 638% higher than the prior 4-week average.
Increases were reported for the following destinations:  22,200 tons to South Korea, 22,000 tons to Japan, 17,000 tons to Colombia, 12,000 tons to Haiti, and 11,200 tons to Mexico which were partially offset by 4,800 tons of reduction from unknown destinations.
For 2016/2017, net sales of 11,000 tons were reported for Japan.
U.S. rice exporters shipped 84,300 tons, an increase of 24% from last week and 29% higher than the prior 4-week average.
Increases were reported for the following destinations: 30,000 tons to Venezuela 12,000 tons to Haiti, 10,500 tons to Guatemala, 8,600 tons to South Korea, and 7,500 tons to Canada.

FAO Global Rice Price Index Declines Slightly m/m in March 2016

Apr 07, 2016

The FAO All Rice Price Index increased by one points or 0.5% to around 197 points in March 2016 from around 197 points in the previous month.
According to the FAO, while prices of the Higher quality Indica sub-index remained stable at 180 points, those of the Lower Quality Indica sub-index increased by about 3 points to around 184 points. The Japonica sub-index declined by 2 points or 0.8% to 242 points  and the Aromatic sub-index declined by 6 points or 4% to 148 points.
In January - March 2016, the FAO All Rice Price Index averaged 196 points, down about 11% from around 220 points during the same period last year. Sub-index for higher quality Indica rice prices declined about 5.7% y/y and sub-index for lower quality Indica rice prices declined about 3% y/y. Aromatic rice price sub-index declined about 24.2% y/y, and the sub-index for Japonica rice prices declined by about 12.2% y/y.
According to the FAO, Thai rice prices moved up, supported by a stronger baht and also by the announcement of a G-to-G sale to China. Pakistan rice prices declined on increased supplies. India rice prices increased due to large government procurement purchases. Prices in Vietnam increased amid concerns of tightening of supplies. Prices in the U.S. Argentina, Uruguay and Brazil declined due to on-going harvests.
During March 2016, average export quotations (on fob basis) of Thai 100% broken rice, Thai parboiled rice, Thai 25% rice, and Thai A1 Super rice increased to around $392 per ton, $391 per ton, $375 per ton and $343 per ton respectively. Average export quotations of Thai 5% rice remained stable at $384 per ton and those of Thai fragrant rice declined to around $793 per ton.
Export prices of Vietnam 25% broken rice increased to around $357 per ton. Quotations of India 25% broken rice increased to around $323 per ton and those of Pakistan 25% broken rice declined to around $309 per ton. While U.S. 4% broken rice variety declined to around $452 per ton, U.S. California 4% rice declined to around $745 per ton. Uruguay 5% rice declined to around $435 per ton.


Indian Scientists Discover Diabetic-Friendly Rice


Apr 07, 2016
Scientists from the Indira Gandhi Agricultural University (IGKV) in India's Central state Chhattisgarh has developed a slow sugar releasing variety of rice, called 'Chhattisgarh Madhuraj paddy- 55,' which is suitable for consumption by diabetic type-II patients, according to the Times of India.
IGKV principal scientist reportedly took three years to develop the rice variety. "Type II diabetes is a major chronic disease and its prevalence is increasing, while various studies indicate that choice of carbohydrates, particularly those with low Glycaemic Index (GI) is able to assist in management or prevention of type II diabetes. Hence, objective of this study was to determine the variability in GI of popular improved and traditional varieties of rice and to find the genetic basis of GI," he was quoted as saying.
He noted that the scientists screened 200 varieties if local rice varieties through mouse feeding trials and discovered that a variety called "Chaptigurmatiya" had low GI with 91% of total carbohydrates and it has slow releasing sugar tendencies. It was then renamed as 'Chhattisgarh Madhuraj paddy- 55,' he added.
The scientist added that this variety yields 4.2 tons per hectare and is long-grained white rice. The variety may be released into the market next year.

Vietnam Rice Sellers Lower Some their Quotes Today; Other Asia Rice Quotes Unchanged


Apr 07, 2016  

Vietnam rice sellers lowered their quotes for 5% broken rice and Jasmine rice by about $5 per ton each to around $365-$375 per ton and $460-$470 per ton respectively today. Other Asia rice sellers kept their quotes unchanged.        
5% Broken Rice
Thailand 5% rice is indicated at around $370 - $380 per ton, about $5 per ton premium on Vietnam 5% rice shown at around $365 - $376 per ton. India 5% rice is indicated at around $370 - $380 per ton, about $25 per ton premium on Pakistan 5% rice shown at around $345 - $355 per ton.
25% Broken Rice
Thailand 25% rice is indicated at around $355 - $365 per ton, on par with Vietnam 25% rice shown at around $355- $65 per ton. India 25% rice is indicated at around $335- $345 per ton, about $25 per ton premium on Pakistan 25% rice shown at around $310 - $320 per ton.
Parboiled Rice           
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is indicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan parboiled rice last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $330 - $340 per ton, about $10 per ton discount to Vietnam 100% broken rice shown at around $340 - $350 per ton. India's 100% broken rice is shown at around $270 - $280 per ton, about $15 per ton discount to Pakistan broken sortexed rice shown at around $285 - $295 per ton.



Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Bounce as Recent Spate of Selling Subsides; Wheat Continues to Slip as Crop Conditions Seen Better than Expected


Apr 08, 2016

Chicago rough rice futures for May delivery settled 10.5 cents were cwt (about $2 per ton) higher at $9.850 per cwt (about $217 per ton). The other grains finished the day mostly lower; Soybeans closed about 0.4% lower at $9.0450 per bushel; wheat finished about 1.1% lower at $4.5775 per bushel, and corn finished the day about 1% higher at $3.6150 per bushel.
U.S. stocks traded nearly 1% lower or more Thursday as continued strength in the yen against the U.S. dollar renewed concerns about global growth and the effectiveness of central bank policy. The major averages came well off session lows in early afternoon trade but remained on track for a weekly decline of nearly 1% or more, with the Dow Jones industrial average on pace for its worst week since the one ended Feb. 12. WTI traded more than 2% lower below $37 a barrel as of 1 p.m. ET. U.S. crude oil futures settled higher for a second-straight day on Wednesday, rising 5.2% for its biggest daily gain since March 16. The Fed meeting minutes released Wednesday afternoon highlighted policymakers' concerns about global growth. In a light day of economic reports, weekly jobless claims came in at 267,000. Consumer credit is due in the afternoon. European stocks were more than half a percent lower with bank stocks underperforming. In Asia, the Shanghai composite fell more than 1% while the Nikkei 225 paused a seven-day losing streak with gains of 0.22%. China's foreign exchange reserves rose slightly in March to $3.21 trillion, the central bank said on Thursday, the first monthly increase since November. In afternoon trade, the Dow Jones industrial average declined 140 points, or 0.8%, to 17,575. The S&P 500 declined 19 points, or 0.94%, to 2,047, with financials leading all sectors lower. The Nasdaq composite fell 54 points, or 1.1%, to 4,866. Gold is seen trading about 1.2% higher, crude oil is seen trading about 2.1% lower, and the U.S. dollar is seen trading about 0.1% higher at about  1:00pm Chicago time.
Wednesday, there were 560 contracts traded, down from 1,830 contracts traded on Tuesday. Open interest – the number of contracts outstanding – on Wednesday increased by 98 contracts to 13,111. 

Thailand Rice Exporters Sign MoU to Export 150,000 Tons of Rice to Hong Kong in 2016




Apr 07, 2016
Thai rice exporters have signed a memorandum of understanding (MoU) with seven Hong Kong rice importers to sell 150,000 tons of rice worth 120 million this year, according to Thai PBS.
The MoU was part of the Thai Commerce Minister's visit to Hong Kong between April 5-7 to strengthen trade relations between the two countries. Members of the Thai Rice Exporters Association (TREA) reportedly accompanied the Minister to the Rice Importers Association of Hong Kong marketing and public relations plans to promote the Thai rice in 2016.
The Thai Commerce Ministry is keen on increasing the share of Thai rice in Hong Kong market from the current 57% to 65% in 2016. Thailand exported 189,469 tons and 182,071 tons of rice to Hong Kong in 2015 and 2016 respectively, according to the TREA data. Local sources say, with the current MoU, Thai rice exports to Hong Kong may reach around 200,000 tons this year. The Ministry is planning to increase exports Hong Kong to around 300,000 tons over the next two years.
As part of the visit, the Minister also reportedly discussed plans to export around 10,000 tons of Riceberry to Hong Kong this year and another 100,000 tons next year.
The Thai government is targeting to export 9.5 million tons of rice this year. The Commerce Minister noted that the target would be achieved despite a likely reduction in this year's output due to drought. She said that the government is planning to coordinate more closely with the private sector to increase the rice production capacity in the country. She also assured that the government is trying to increase exports to Singapore, China, ASEAN and the U.S. apart from Hong Kong.
The Minister also noted that the government still holds 12 million tons of rice stocks and is seeking channels to release them. She added that old stocks are holding back prices of rice in the market.