Flawed bill favors rice cartel, crooks
GOTCHA - Jarius Bondoc (The
Philippine Star) - August 6, 2018 - 12:00am
Congress is to vote today on a bill to free up rice trading –
yet can cartelize it via government crooks. Expect the measure thus to
perpetuate present soaring prices and hoarding of the staple.
Malacañang’s efforts to cheapen rice would be futile. Only last
week President Rody Duterte warned a big trader against supply-price
manipulating. But with forthcoming legal cover from Congress, cartelists would
render empty his threats of stern actions.
Lawmakers have finished debates on House Bill 7735 – safety nets
for rice farmers and consumers through import tariffication. Grains users and
millers, like restaurant-hotel chains and poultry feed makers, will be allowed
to import directly from best sources. Thirty-five percent duties will be
levied, to raise P21.6 billion a year. The money will aid tillers and raise
domestic harvests.
But there’s a catch. The bill empowers the National Food
Authority to license importers and issue shipment permits. That’s on top of its
basic food-security duty to maintain sufficient national buffer stock.
In effect the bill retains the present rotten set-up. NFA will
still have discretion over whom to license for how much imports. Discretion
breeds corruption. NFA crooks can demand bribes for hasty licensing and higher
quotas. Corruption has been plaguing NFA for decades; the National Economic
Development Authority wants it abolished.
Restaurateurs, hoteliers, millers are disgruntled. NFA can force
them to deal with preferred cartels, instead of being let freely to import.
Successions of NFA administrations have conspired with cartels
to corner and hoard imports and local harvests. Three groups are vying for
lordship of the cartel, by influencing the NFA governing council, the
management, and the agriculture department.
Last week grains trader Jojo Soliman admitted to the press being
cussed on the phone by Duterte for suspected hoarding. Denying any misdeed, he
supposedly replied that rivals were badmouthing him. Duterte gave him 72 hours
to unload rice stocks. Insinuating closeness, he told ABS-CBN News he considers
Duterte his father. Soliman inherited the business from his late father, whom
senator Tito Guingona in the 1980s had exposed among the “Binondo rice cartel.”
Last July authorities charged Soliman with smuggling 100,000
bags of rice in 200 cargo containers at the Manila port. Auction of the first
150 containers of contraband netted P178 million for the government. The law
calls for non-bailable raps of economic sabotage for illegal shipment of at
least P1 million in staples. Soliman claimed to have government clearances, but
NFA management denied it.
Soliman
washttps://www.philstar.com/opinion/2018/08/06/1839987/flawed-bill-favors-rice-cartel-crooks
among traders called to Malacañang by Duterte in April, on suggestion of
Agriculture Sec. Manny Piñol. Rice prices were soaring then due to sudden
depletion of newly delivered NFA buffers. NFA Administrator Jason Aquino and
Chairman Leoncio Evasco, the Secretary to the Cabinet, openly had been feuding
about corruption and import volumes. Evasco wanted the agency audited to trace
the vanished stocks. Days after the meeting with traders, Duterte removed
Evasco as NFA chairman. The position has since been vacant.
A month earlier Sen. Cynthia Villar examined the rice situation
as head of the agriculture committee. She noted that the persons involved were
the same ones she had investigated in 2013 under the past Presidency. One is
David Tan, aka Davidson Bangayan, implicated in smuggling and fake farmers’
groups posing as importers. Another is Bong Lim Sui, allegedly Tan’s
ex-partner, tied in 2016-2017 to the Aquino-Evasco tiff.
Soliman was linked to an alleged P2.5-million bribery of an
Evasco subordinate, who subsequently was fired. He and Evasco’s aide denied the
reports. Soliman in 2014 accused newbie NFA head Arthur Juan of extorting P25
million for the reopening of his warehouse. Weeks earlier then-Interior Sec.
Mar Roxas and NFA chairman Francis Pangilinan had charged Soliman with
adulterating good rice with feeds unfit for human consumption. Before that,
past NFA chiefs were linked to large-scale rice smuggling in Subic Freeport,
and to overpriced imports from Vietnam.
In his third State of the Nation last July Duterte warned
hoarders and cartels to “stop messing with the people” or else “the full power
of the State will be upon you.”
*
* *
“Ang Huling El Bimbo” continues to pack full-house audiences at
Resorts World Manila. Featuring songs of the Eraserheads, the musicale recalls
life and loves of 1990s city youths – today’s upwardly mobile professionals.
They’re the ones watching, guffawing at familiar phrases, and tearfully
reminiscing.
All-star cast: OJ Mariano, Jon Santos, Gian Magdangal, Tanya
Manalang, Menchu Lauchengco-Yulo, Sheila Francisco, Jamie Wilson, Topper
Fabregas, Boo Gabunada, Reb Atadero, and Bibo Reyes.Story by Dingdong
Novenario; musical arrangement by Myke Salomon; direction and chorography by
Dexter Santos. Eraserhead songs played live by the Manila Philharmonic
Orchestra.
Running on weekends till Sept. 2; Fridays-Sundays at 8 p.m.,
with 3 p.m. matinees Saturdays and Sundays; at RWM Newport Performing Arts
Theater, Pasay City. Call TicketWorld (02) 891-9999.
*
* *
Catch Sapol radio show, Saturdays, 8-10 a.m.,
DWIZ (882-AM).
Gotcha archives on
Facebook: https://www.facebook.com/pages/Jarius-Bondoc/1376602159218459, or The STAR website https://www.philstar.com/columns/134276/gotcha
https://www.philstar.com/opinion/2018/08/06/1839987/flawed-bill-favors-rice-cartel-crooks
Scrapping
QR to allow more rice imports will harm PHL farmers–Ibon
Cameroon, Benin’s
low tariffs aid rice smuggling
(The Philippine Star) - August 6, 2018 -
12:00am
Consumer
group, farmers' party-list question rice tariffication bill
ABS-CBN News
MANILA - Lifting the import quotas on rice in favor of tariffs
will not bring down prices of the staple, a consumer group and farmers
party-list congressman said on Monday. Economic managers have said that
removing quantitative restrictions on rice imports would increase local supply,
give the public access to cheaper rice from abroad, and force local producers
to lower prices.
Anakpawis Partylist Representative Ariel Casilao however said there is no guarantee that this will happen as rice traders operating as a cartel will still be able to manipulate prices.
"They can easily negotiate and agree upon themselves what price to set in the market," Casilao said in an interview with ABS-CBN News.
Bantay Bigas Spokesperson Cathy Estavillo also said that removing import quotas may worsen the grip of "rice cartels" on the rice market.
"Mas lalala yung cartel, lalala yung hoarders, lalala yung smuggling," Estavillo said.
Congress is holding hearings on House Bill 7735, or the Agricultural Tariffication Act, which President Rodrigo Duterte said was an urgent measure during his third State of the Nation Address.
Farmers groups however fear cheap imported rice will flood the market and put local rice growers at a disadvantage.
Casilao said the Makabayan Bloc will oppose rice tariffication.
- Report from Warren De Guzman, ABS-CBN News
Govt working for development of agriculture, farmers: DG BRRI
‘The farming cost of these rice varieties is low and profit is more. Rice of BRRI dhan 48 is tasty and fine in quality. Moreover, attack of blast and BLB diseases was very low,’ he said hoping that he would cultivate the rice varieties on more land next time.Agriculturist Sarker, in his concluding remarks, highlighted different aspects of agronomical managements of cultivation to get more yield from these varieties of Aus rice.He said, ‘Planting of seedlings aged between 20 and 25 days should be done maintaining recommended distance between second week of April and second week of May.’
During transplantation of seedling, 200 grams of urea, TSP 210 grams, potash 300 grams, gypsum 180 grams and 25 grams of zinc fertilisers should be mixed in every one decimal of land.‘After 20 and 40 days since transplantation, 200 grams of urea fertiliser should be applied twice. The farmland should be kept completely weed-free clean from 30 to 35 days since transplantation,’ he added.
For many years now, scientists
have been altering genomes of plants and animals to achieve various benefits.
Recently, new research has found that genetically modified strains of rice can
produce HIV-neutralizing proteins, paving the way to end the HIV epidemic.
Two
Chinese researchers charged in rice seed heist
By Max Brantley on Fri, Aug 3, 2018 at 12:34
PM
The U.S. attorney's office in Little Rock today announced federal charges against two rice researchers from China who allegedly conspired to steal rice production technology, a scheme that included contacts in Arkansas.
Liu Xuejun, 49, and Sun Yue, 36, were charged with conspiracy to steal trade secrets and conspiracy to commit interstate transportation of stolen property.
An indictment returned Friday said they were involved in the theft of rice seeds to be used in medicine. They were developed by Ventria Bioscience to produce proteins used in medicine and drugs.
The government news release said Ventria, which is headquartered in Colorado and has a rice production facility in Kansas, had invested $75 million in developing the intellectual property behind these rice seeds.
Said the release:
Advanced greenhouse
will amp up rice research in Stuttgart
Chinese nationals charged with conspiracy
to steal rice technology
Scrapping
QR to allow more rice imports will harm PHL farmers–Ibon
August 6, 2018
·
·
AN independent research group
said the plan of lawmakers to pass a new measure to remove the quantitative
restriction (QR) on rice to slash prices will also cut the income of
farmers.IBON Foundation said in a statement that a bill that would amend
Republic Act (RA) 8178, or the Agricultural Tariffication Act of 1996, will
cause the farm-gate price of unmilled rice to go down due to more rice imports,
but not necessarily lower the retail price of the staple.“If higher importation
will decrease farm-gate prices, then the already insufficient income of farmers
will fall further,” IBON said.
The group said the current
farm-gate price of palay at P21 per kilogram (kg) is “insufficient” for the
needs of farmers.“Computing the average yield of 80 cavans of palay from 1
hectare, which is equivalent to 4,000 kg, a rice farmer earns only P36,000
until the next cropping,” IBON said.
“Each cropping commonly lasts for
six months, which means that the farmer’s average monthly income of P6,000 is
76 percent short of the estimated monthly family living wage [FLW] of P25,454
for a family of five,” it added.
The Trade Union Congress of the
Philippine (TUCP) earlier said the government could help boost the
competitiveness of local farmers to compete head to head with their overseas
counterparts by providing them technical support using the a portion of the
tariffs from rice importation.
In his third State of the Nation
Address last month, President Duterte said he will certify as urgent a
bill that would replace the QR on rice with tariffs.The move is aimed at
arresting the spike in rice prices, which have increased for six straight
months—by P2.53, from P37.83 per kg to P40.36 per kg for regular milled rice
and by P1.61, from P42.58 per kg to P44.19 per kg for well-milled rice.
IBON also said the new
legislative measure will not address the root cause of high prices for the
Filipino food staple: rice cartels.
“Congress may be misguided for
placing its hopes on unlimited rice importation for stabilizing supply and
prices, while the rice industry remains dominated by an alleged trading cartel
that dictates rice prices,” IBON Foundation said.
The group said this was
“apparent” during the rice crisis of 2008 up to 2010, when the country imported
an annual average of 2.2 metric tons of rice, but the retail prices of
the cereal grain continued to increase by an annual average of P1.20 until 2016.
Cameroon, Benin’s
low tariffs aid rice smuggling
August 6, 2018
The high spate of rice smuggling
into Nigeria from the neighbouring countries has been traced to porous borders
as well as high import duty and levy at the nation’s seaports. New Telegraph
learnt that while Nigerian rice importers pay 110 per cent tariff on $443
Thailand parboiled rice per metric ton, Cameroon importers pay Zero tariff.
Also, Benin Republic has reduced its rice import duty from 35 per cent to seven
per cent to attract Nigerian rice merchants to patronise Cotonou Port. This
newspaper also gathered that landing price of Thailand parboil rice is $22 (N6,689)
per bag at the Benin port, leading to massive smuggling of the grains into the
country.
It was revealed that all the rice
discharged from vessels at ports in Benin, Togo and Ghana found their way to
Nigeria, the only country, which consumes parboiled rice in the West African
region. Already, Thai Rice Exporters Association (TREA) had complained that
direct rice importation from Thailand through the Nigerian seaports had
dropped.
The association now depends on
Benin port to export the grain to Nigeria through the porous borders. According
to TREA, Benin imports had jumped up from 805,765 tons in 2015 to 1.6 million
tons as at last November 2017, while imports to Nigeria declined from 1.23
million metric tons in 2014 to 23,192 tons as at the same period last year.
Despite the drop in the imports
from Nigerian ports, further investigation showed that between January and June
2018 alone, the anti-smuggling unit of the Nigeria Customs Service (NCS),
Federal Operation Unit, has impounded 40,370 bags of rice from borders,
vehicles and warehouses. Also, statistics obtained from the Ogun State Area
Command of NCS by our correspondent also revealed that 12,000 bags of 50kg rice
were seized within the last six months.
The command said that 276 bags of
rice were intercepted from smugglers in January 2018. The seizures rose to
2,030 bags in February and 1,264 bags in March. Also, in April and May 4,531
and 3,888 bags of rice were seized respectively. The Controller, Federal
Operations Unit Zone ‘A’ of the Nigeria Customs Service, Comptroller Muhammed
Uba, who was worried about the huge influx of the grain into the country,
confirmed that smuggling of rice through unapproved routes was on the increase.
Investigation revealed that rice are being smuggled into the country through
the Lagos creeks, borders in Ogun, Kwara, Niger, Kebbi, Sokoto and Katsina
states. In Ogun State alone, rice is smuggled through Idiroko, Owode, Atan,
Alapoti, Lusada, Sango-Ota, Oja- Odan, Ilara and Imeko-Afon.
The Federal Government had, in October
2015, imposed a ban on the commodity through the land border, having realised
that the special levy on imported parboiled rice from 40 per cent to 100 per
cent in addition to the 10 per cent statutory duty at the port was no longer
working. In 2016 alone, Customs Service said it seized N597.7 billion of rice
between January and August as against N330.5 billion seized in the same period
in 2015. Concerned by the recurring problem of smuggling, the Federal
Government recently announced its intention to shut down the land borders with
Benin Republic to check rice smuggling. It said the move is aimed at
encouraging local production of rice and protecting the nation’s economy.
Speaking with New Telegraph on efforts to fight rice smuggling, the NCS Public
Relations Officer, Ogun State Command, Abdullahi Maiwada, said that the command
had been proactive in combating the menace. Maiwada attributed the rise in
smuggling activities to the porous nature of the nation’s borders. “Our borders
are indeed porous.
We have the creeks and we have so
many outlets that lead to Benin Republic within Ogun. We use our little
resources to man the borders. Although there may be some shortcomings, but we
are doing our best,” he said. He stated that the Customs had sanctioned erring
officers who connived with smugglers. Maiwada noted: “There are bad eggs in
every profession. So many have been in orderly room trial and have been
dismissed. Anybody who is found wanting and has been proven beyond reasonable
doubt is going to face the full wrath of the law.” Speaking in separate
interviews with our correspondent, some youths who engage in smuggling of rice
and other imported commodities along the border areas alleged that law
enforcement agents were involved in the illicit business. A transporter,
Sunmonu Adegbenro, noted that he had been involved in rice smuggling business
for more than seven years. Adegbenro accused Customs officials of aiding their
smuggling activities. He said: “From our experience as a team, Customs
officials are the ones that usually tell us the date and time when federal
patrol team would be visiting the border areas. By doing that, they will tell
us not to move on those days because we usually move in convoy, sometimes at
night or at dawn.
“There is something we call
‘booking’ with OD (Officer-on-Duty) and the Quarantine. So, immediately those
people collect money, they would open the road for any smuggling team that had
paid. It is only those who refuse to pay or underpay that usually have problem
with Customs.” On the complicity of law enforcement agents in smuggling in his
area, a community leader, Chief Raji Alade, said: “I am of the opinion that if
government wants to end smuggling, they should make Customs officials to swear
to the deities of the land that would discourage them from collecting money
offered from smugglers or colluding with them.”
EDITORIAL - Striking a balance
From
aiming to make the country self-sufficient in rice, the government now wants to
flood the market with imports. The objective is to cut rice retail prices by
about P7 per kilo, as announced by President Duterte.
How
could this be possible? Quantitative restrictions will be lifted and replaced
with a 35 percent tariff, which is expected to spur more rice imports. The
tariff collected will go to a so-called rice competitiveness enhancement fund
or RCEF that will finance interventions for boosting local rice production,
lowering costs and enabling farmers to compete with imports, thus cutting
prices.
Or
at least that’s the plan. Considering the inefficiency and corruption that
chronically plague the bureaucracy, however, this plan calls for a thorough
fine-tuning before implementation. Especially because corruption scandals have
erupted over rice importations and the misuse of farm subsidies in the past.
The
agriculture chief himself has reportedly cautioned consumers that it could take
from three to four years before rice prices can be cut by P7 per kilo even
after the government has implemented the interventions financed through the
estimated P20 billion expected in tariff collections. This is presuming that
the funds will go to their intended purpose and the importations will be
graft-free.
While
waiting for the interventions, what will be felt immediately is the impact of
the flood of imported rice, a number of them cheaper than local crops of
comparable variety, on Filipino farmers. For those living a hand-to-mouth
existence, this could spell catastrophe. A flood of cheap imported or smuggled
items killed the local textile and apparel industry. Cheap imports also cut
local production of garlic, even if the Ilocos variety is one of the best in
the world.
Rice,
the country’s staple, is a politically sensitive crop. Striking a balance
between shielding consumers from price surges and protecting local farmers has
always been a challenging task. There are enough cautionary tales surrounding
other products and sectors to make policy makers move with extra care in rice
tariffication.
Consumer
group, farmers' party-list question rice tariffication bill
ABS-CBN News
MANILA - Lifting the import quotas on rice in favor of tariffs
will not bring down prices of the staple, a consumer group and farmers
party-list congressman said on Monday. Economic managers have said that
removing quantitative restrictions on rice imports would increase local supply,
give the public access to cheaper rice from abroad, and force local producers
to lower prices.Anakpawis Partylist Representative Ariel Casilao however said there is no guarantee that this will happen as rice traders operating as a cartel will still be able to manipulate prices.
"They can easily negotiate and agree upon themselves what price to set in the market," Casilao said in an interview with ABS-CBN News.
Bantay Bigas Spokesperson Cathy Estavillo also said that removing import quotas may worsen the grip of "rice cartels" on the rice market.
"Mas lalala yung cartel, lalala yung hoarders, lalala yung smuggling," Estavillo said.
Congress is holding hearings on House Bill 7735, or the Agricultural Tariffication Act, which President Rodrigo Duterte said was an urgent measure during his third State of the Nation Address.
Farmers groups however fear cheap imported rice will flood the market and put local rice growers at a disadvantage.
Casilao said the Makabayan Bloc will oppose rice tariffication.
- Report from Warren De Guzman, ABS-CBN News
Govt working for development of agriculture, farmers: DG BRRI
Bangladesh Sangbad Sangstha . Rangpur |
Published: 00:15, Aug 05,2018
Director general of Bangladesh Rice Research
Institute Md Shahjahan Kabir has said the present farmer-friendly government is
working relentlessly for development of agriculture and farmers.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.More than 200 male and female farmers, scientists of BRRI and officials of Gaibandha district and sadar upazila offices of DAE, public representatives and elite were present.
Shahjahan Kabir suggested farmers to contact scientists of BRRIs for all information related to cultivation and production of rice, new seed, latest technologies, agronomical management methods and technical assistance.On the occasion, the farmers harvested their cultivated BRRI-evolved BR 26, BRRI dhan 48 and BRRI dhan65 varieties of Aus rice on their exhibition plots and got yield rates of 17, 15 and 14 mounds of Aus crop in terms of paddy respectively.
While expressing his experience about cultivation Aus rice, farmer Aynal Haque said that farming of the BRRI-evolved BR26, BRRI dhan 48 and BRRI dhan 65 Aus rice varieties needed less time, fertiliser and irrigation water.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.More than 200 male and female farmers, scientists of BRRI and officials of Gaibandha district and sadar upazila offices of DAE, public representatives and elite were present.
Shahjahan Kabir suggested farmers to contact scientists of BRRIs for all information related to cultivation and production of rice, new seed, latest technologies, agronomical management methods and technical assistance.On the occasion, the farmers harvested their cultivated BRRI-evolved BR 26, BRRI dhan 48 and BRRI dhan65 varieties of Aus rice on their exhibition plots and got yield rates of 17, 15 and 14 mounds of Aus crop in terms of paddy respectively.
While expressing his experience about cultivation Aus rice, farmer Aynal Haque said that farming of the BRRI-evolved BR26, BRRI dhan 48 and BRRI dhan 65 Aus rice varieties needed less time, fertiliser and irrigation water.
‘The farming cost of these rice varieties is low and profit is more. Rice of BRRI dhan 48 is tasty and fine in quality. Moreover, attack of blast and BLB diseases was very low,’ he said hoping that he would cultivate the rice varieties on more land next time.Agriculturist Sarker, in his concluding remarks, highlighted different aspects of agronomical managements of cultivation to get more yield from these varieties of Aus rice.He said, ‘Planting of seedlings aged between 20 and 25 days should be done maintaining recommended distance between second week of April and second week of May.’
During transplantation of seedling, 200 grams of urea, TSP 210 grams, potash 300 grams, gypsum 180 grams and 25 grams of zinc fertilisers should be mixed in every one decimal of land.‘After 20 and 40 days since transplantation, 200 grams of urea fertiliser should be applied twice. The farmland should be kept completely weed-free clean from 30 to 35 days since transplantation,’ he added.
Genetically modified rice may help prevent HIV
NEWS DESK
THE
JAKARTA POST
Jakarta | Sun, August 5, 2018 | 03:15 am
The
transgenic rice produces one antibody and two sugar-biding proteins – the
monoclonal antibody 2G12; and the lectins griffithsin and cyanovirin-N – that
bind with the HIV virus to prevent further interaction with the human cells.
(Shutterstock/File)
According to Newsweek,
researchers from the United Kingdom, the United States and Spain have teamed up
to develop a strain of rice that produces HIV-neutralizing proteins.
Proceedings of the National Academy of Sciences published the post-lab report
where the group described the techniques they used and how the results could be
used to prevent the spread of HIV.
“Our paper provides an approach
for the durable deployment of anti-HIV agents in the developing world,” the
team writes.
Infection takes place when the
virus interacts with human cells. The transgenic rice produces one antibody and
two sugar-biding proteins – the monoclonal antibody 2G12; and the lectins
griffithsin and cyanovirin-N – that bind with the HIV virus to prevent further
interaction with the human cells. Once the crop has fully grown, the seeds can
be ground and processed into a paste that can then be applied to the skin as a
topical cream. This will allow the active compounds to enter the body.
Additionally, the rice seeds can
offer an easier platform to produce HIV-preventing medications, as it is
cheaper and allows virtually anybody anywhere to have access to the treatment
when needed.“Plant-produced pharmaceutical proteins can be scaled up very
easily and inexpensively without the need for expensive fermenter facilities
simply by planting as many plants as needed to achieve a certain production
target,” team leader Paul Christou told Labiotech.eu (https://labiotech.eu/medical/hiv-prevention-transgenic-rice/).
“Costs are minimal after the creation of the first plant producing the
microbicide. And in our case, the three molecules can be produced in one plant,
thus reducing the costs even further.”
The Centers for Disease Control
and Prevention have found that a lot of progress has been made in treating HIV.
For instance, US citizens have come a long way: in 1985, about 135,000 were
infected but the number dropped to 50,000 in 2010.
Unfortunately, an effective
vaccine has not yet been developed for HIV. Therefore, for now, only oral
medications and educating people about the virus have been the best line of
defense. In underdeveloped countries however, oral medications are not always
available. (saz/kes)
Two
Chinese researchers charged in rice seed heist
By Max Brantley on Fri, Aug 3, 2018 at 12:34
PM
THEFT TARGET: Bumpers Rice Research Center in Stuttgart.
The U.S. attorney's office in Little Rock today announced federal charges against two rice researchers from China who allegedly conspired to steal rice production technology, a scheme that included contacts in Arkansas.
Liu Xuejun, 49, and Sun Yue, 36, were charged with conspiracy to steal trade secrets and conspiracy to commit interstate transportation of stolen property.
An indictment returned Friday said they were involved in the theft of rice seeds to be used in medicine. They were developed by Ventria Bioscience to produce proteins used in medicine and drugs.
The government news release said Ventria, which is headquartered in Colorado and has a rice production facility in Kansas, had invested $75 million in developing the intellectual property behind these rice seeds.
Said the release:
Liu and Sun visited the United States in 2013. At
that time, they both worked at the Crops Research Institute in Tianjin, China.
Liu was a professor, and Sun was a research associate. They came to the United
States to visit several rice research and production facilities, and their
visit included a stop at the Dale Bumpers National Rice Research Center in
Stuttgart.
Their trip was organized by Weiqiang Zhang, who was a rice breeder at Ventria in Kansas, and Wengui Yan, who worked at the Dale Bumpers Rice Research Center in Stuttgart. When Liu and Sun ended their trip, they flew to Honolulu, Hawaii, on their way back to China. At the Honolulu airport, U.S. Customs and Border Protection found stolen rice seeds in Liu and Sun’s luggage, including seeds from the Dale Bumpers National Rice Research Center as well as seeds from the Ventria rice production facility in Kansas.The researchers who helped organize Liu and Sun’s trip were convicted of their involvement in the scheme in a connected case in Kansas. Zhang, 47, was convicted at trial and sentenced to 10 years’ imprisonment. Yan, 63, who worked in Stuttgart, pleaded guilty and was sentenced to one year in prison.
Their trip was organized by Weiqiang Zhang, who was a rice breeder at Ventria in Kansas, and Wengui Yan, who worked at the Dale Bumpers Rice Research Center in Stuttgart. When Liu and Sun ended their trip, they flew to Honolulu, Hawaii, on their way back to China. At the Honolulu airport, U.S. Customs and Border Protection found stolen rice seeds in Liu and Sun’s luggage, including seeds from the Dale Bumpers National Rice Research Center as well as seeds from the Ventria rice production facility in Kansas.The researchers who helped organize Liu and Sun’s trip were convicted of their involvement in the scheme in a connected case in Kansas. Zhang, 47, was convicted at trial and sentenced to 10 years’ imprisonment. Yan, 63, who worked in Stuttgart, pleaded guilty and was sentenced to one year in prison.
Advanced greenhouse
will amp up rice research in Stuttgart
Aug 4, 2018
Fast facts:New greenhouse and growth chambers added to the Rice Research
and Extension Center in Stuttgart
Facilities will enable hybrid
rice breeding program and selection of rice lines for tolerance to high
nighttime temperatures
$1.88 million cost fully funded
by Arkansas Rice Research and Promotion Board.
Chinese nationals charged with conspiracy
to steal rice technology
LITTLE ROCK—Two rice researchers
from China have been charged in a conspiracy to steal rice production
technology in an alleged attempt to bring this proprietary science back to
China.
Cody Hiland, United States
Attorney for the Eastern District of Arkansas, and Diane Upchurch, Special
Agent in Charge of the FBI’s Little Rock Field Office, announced the indictment
of Liu Xuejun, 49, and Sun Yue, 36, both of China, for conspiracy to steal
trade secrets and conspiracy to commit interstate transportation of stolen
property.
A federal grand jury returned an
indictment against Liu and Sun on Friday for their involvement in the theft of
rice seeds designed for use in the medical field. The rice seeds were developed
by a company called Ventria Bioscience, which used technology to create rice
seeds that contained certain proteins. These proteins could then be removed
from the rice and used in medicines and pharmaceutical products. Ventria, which
is headquartered in Colorado and has a rice production facility in Kansas, has
invested approximately $75 million in developing the intellectual property
behind these rice seeds.
“These rice seeds may be small,
but the research and investment that went into the science that made them
possible is of great value,” Hiland said. “We remain vigilant in our efforts at
protecting both intellectual and real property from theft by other nations, and
it is our intention to present our case to an Arkansas jury based on the crimes
alleged in the indictment.”
Liu and Sun visited the United
States in 2013. At that time, they both worked at the Crops Research Institute
in Tianjin, China. Liu was a professor, and Sun was a research associate. They
came to the United States to visit several rice research and production
facilities, and their visit included a stop at the Dale Bumpers National Rice
Research Center in Stuttgart.
Their trip was organized by
Weiqiang Zhang, who was a rice breeder at Ventria in Kansas, and Wengui Yan,
who worked at the Dale Bumpers Rice Research Center in Stuttgart. When Liu and
Sun ended their trip, they flew to Honolulu, Hawaii, on their way back to
China. At the Honolulu airport, U.S. Customs and Border Protection found stolen
rice seeds in Liu and Sun’s luggage, including seeds from the Dale Bumpers
National Rice Research Center as well as seeds from the Ventria rice production
facility in Kansas.
“Today’s indictment of Liu and
Sun should not go unnoticed by those who seek to steal our trade secrets and
technology,” FBI SAC Upchurch said. “This type of crime is consistent with
China’s social and economic five-year plan to modernize their seed industry. We
appreciate the efforts of the United States Attorney’s Office and together we
will remain steadfast in protecting the United States’ intellectual property.”
The two rice researchers who
helped organize Liu and Sun’s trip to the United States were convicted of their
involvement in the scheme in a connected case in the District of Kansas (see
link to press release below). Zhang, 47, was convicted at trial and sentenced
to 10 years’ imprisonment. Yan, 63, who worked in Stuttgart, pleaded guilty and
was sentenced to one year in prison.
A violation of conspiracy to
commit theft of trade secrets, under Title 18, United States Code, Section
1832, carries a maximum penalty of not more than 10 years’ imprisonment, not
more than a $250,000 fine, and not more than three years of supervised release.
A violation of conspiracy to commit interstate transportation of stolen
property, under Title 18, United States Code, Section 371, carries a maximum
penalty of not more than five years’ imprisonment, not more than a $250,000
fine, and not more than three years of supervised release.
The case was investigated by the
FBI, and is being prosecuted by Assistant United States Attorney Allison W.
Bragg. An indictment contains only allegations. A defendant is presumed
innocent unless and until proven guilty.
‘DA must run after rice
hoarders’
The
chairman of the House of Representatives’ committee on appropriations has urged
the Department of Agriculture to run after rice hoarders and smugglers in
compliance to President Rodrigo Duterte’s directive to get rid of rice
syndicates, rice smugglers and rice hoarders.
“The
President, in his State of the Nation Address, gave a very stern warning to all
of these rice syndicates, rice smugglers, rice hoarders and all of these
people. So what can you say about it?” Davao City Rep. Karlo Nograles, the
panel’s chairman, asked DA Secretary Manny Piñol during the panel’s
deliberations on the agency’s proposed budget of P55.9 billion for 2019.
Before
throwing this question, Nograles said the current shortage of “NFA rice” was
the cheapest rice variety in the market at P27 per kilo.
This
is about half the price of commercial rice and is the one usually bought by
poor Filipinos, if they have money for food at all.
Also
on Thursday, Camarines Sur Rep. Luis Raymund Villafuerte said the bill
liberalizing rice imports would result in a decrease in the price of the staple
by as much as P7 per kilo and set up a support fund that would enable palay
growers to raise their harvests while lowering their production costs.
Villafuerte
said that with the President’s endorsement of the rice tariffication bill, it
was incumbent upon both chambers of the Congress to prioritize its passage to
reduce rice prices.
The
price of the staple has been going up owing to the supply shortfall and
volatile prices of the grain in the domestic retail market.
“The
rice tariffication bill will hit two birds with one stone: it will help pull
down rice prices and stabilize its supply while helping our farmers become
competitive,” Villafuerte, vice chairman of the House committees on
appropriations and local government, said.
Nograles
said certain rice traders were purposely hoarding rice.
\
“[There]
is a problem with how we distribute the NFA rice and make it accessible to
people with the presence of rice hoarders, rice syndicates who create the
artificial shortage,” Nograles said.
In
response, Piñol said that Nograles’s observation was “not unfounded.”“Last
year, in General Santos City, the NBI [National Bureau of Investigation]raided
a warehouse where NFA rice was being repacked. So it was not unfounded,
but it was not as rampant as people believe it to be,” claimed the DA chief.Piñol
said dubious rice repacking activities involved the mixing of cheap NFA rice
into commercial rice varieties.
This
way, rice traders can turn a bigger profit.
“I
am happy to report that since the President made his statement at the Sona, the
Bureau of Customs [BoC], NBI and the police have already been scouring
warehouses. In fact, there was already a raid conducted in Laguna which yielded
P25 million worth of undocumented rice,” he told the Nograles panel.Piñol added
that BuCor had done a “splendid job” in curbing rice smuggling in the country’s
southern backdoor where smuggled rice from Malaysia used to enter.
Rice prices to go down with tariffs in place, says solon
By Panay
News
Sunday, August 5, 2018
MANILA – Taxing rice imports will
help bring down the price of the staple grain by P7 to P8 per kilo, a lawmaker
who is pushing for the tariff said Thursday.A bill seeking tariffs on rice in
place of import quotas will be put to a vote on second reading next week, said
House Agriculture and Food Committee chairman Jose Panganiban, who represents
the ANAC-IP party list.
Revenue from tariffs will be used
to fund subsidies for farmers, Panganiban told ANC.Without tariffs, imported
rice costs P27 per kilo, lower than the P34 to P35 per kilo production cost of
local rice, he said.President Rodrigo Duterte’s economic managers are also
pushing for rice tariffs to help tame inflation. (ABS-CBN News)
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- Lhian Thai Rice Vermicelli
- BIF
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Senator Villar eyes P10-B rice
competitiveness fund
By
Lilian Mellejor August
4, 2018, 6:13 pm
DAVAO CITY – Senator Cynthia Villar is
eyeing PHP10 billion for the rice competitiveness enhancement fund to help rice
farmers mechanize and produce good seeds.Villar, chairperson of the Senate
Committee on Agriculture and Food, said the move will help rice farmers who
will be affected by the scrapping of the quantitative restriction (QR) on the
importation of rice.Villar explained that the government will have to
liberalize the importation of rice and abandon its protectionist rice policies
in compliance with its obligations to the World Trade Organization (WTO).The
QR, a preferential trade deal secured by the Philippines after becoming a TWO
member in 1995, prevents the influx of cheap rice from abroad to protect local
farmers from foreign competition. The country has been imposing the QR for
years but chose not to renew it with the WTO in June last year.
The removal of QR paves way for traders to import additional volumes of rice from Southeast Asian countries on a 35-percent tariff. The collected tariffs will then be used to fund mass irrigation, warehousing, and rice research.
Villar noted that liberalizing rice imports has been certified by the President as an urgent "to help ease inflation and bring down prices of the food staple by as much as PHP7 per kilo."“This is also one of my focus," she said in an interview on Friday on the sidelines of the mass oath-taking of the Hugpong Pagbabago members in Tagum City.Earlier, Agriculture Secretary Emmanuel Piñol said the national government must spend PHP20 billion to roll out interventions to help rice farmers.
However, Villar said the proposed PHP10 billion could be an initial allocation given that all rice tariffs would go to the rice competitive enhancement fund.“PHP 10 billion muna tapos lahat ng tariffs pasok ng pasok sa competitive enhancement fund (PHP10 billion first, then all rice tariffs will go to the competitive enhancement fund),” Villar said.
The senator sees the need for farmers to mechanize and produce good seeds to increase production from four metric tons to six metric tons per hectare.Mechanization also helps farmers cut down on labor cost, which is half of the total production cost, she said.Finance Secretary Carlos Dominguez III earlier said that liberalizing rice imports through the passage into law of the rice tariffication bill now pending in Congress is vital in helping low-income households cope with inflation, given that rice accounts for 20 percent of their consumption.
The bill will complement the social mitigation measures the government is implementing to further ease the impact of inflation on poor households, Dominguez said.The House of Representatives appropriations committee has already approved the funding provision for the consolidated version of its rice tariffication bill, while its counterpart in the Senate is still being discussed at the committee level. (Lilian C. Mellejor/PNA)
The removal of QR paves way for traders to import additional volumes of rice from Southeast Asian countries on a 35-percent tariff. The collected tariffs will then be used to fund mass irrigation, warehousing, and rice research.
Villar noted that liberalizing rice imports has been certified by the President as an urgent "to help ease inflation and bring down prices of the food staple by as much as PHP7 per kilo."“This is also one of my focus," she said in an interview on Friday on the sidelines of the mass oath-taking of the Hugpong Pagbabago members in Tagum City.Earlier, Agriculture Secretary Emmanuel Piñol said the national government must spend PHP20 billion to roll out interventions to help rice farmers.
However, Villar said the proposed PHP10 billion could be an initial allocation given that all rice tariffs would go to the rice competitive enhancement fund.“PHP 10 billion muna tapos lahat ng tariffs pasok ng pasok sa competitive enhancement fund (PHP10 billion first, then all rice tariffs will go to the competitive enhancement fund),” Villar said.
The senator sees the need for farmers to mechanize and produce good seeds to increase production from four metric tons to six metric tons per hectare.Mechanization also helps farmers cut down on labor cost, which is half of the total production cost, she said.Finance Secretary Carlos Dominguez III earlier said that liberalizing rice imports through the passage into law of the rice tariffication bill now pending in Congress is vital in helping low-income households cope with inflation, given that rice accounts for 20 percent of their consumption.
The bill will complement the social mitigation measures the government is implementing to further ease the impact of inflation on poor households, Dominguez said.The House of Representatives appropriations committee has already approved the funding provision for the consolidated version of its rice tariffication bill, while its counterpart in the Senate is still being discussed at the committee level. (Lilian C. Mellejor/PNA)
Govt working for development of agriculture, farmers: DG BRRI
Bangladesh Sangbad Sangstha . Rangpur |
Published: 00:15, Aug 05,2018
Director general of Bangladesh Rice Research Institute Md
Shahjahan Kabir has said the present farmer-friendly government is working
relentlessly for development of agriculture and farmers.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.
More than 200 male and female farmers, scientists of BRRI and officials of Gaibandha district and sadar upazila offices of DAE, public representatives and elite were present.Shahjahan Kabir suggested farmers to contact scientists of BRRIs for all information related to cultivation and production of rice, new seed, latest technologies, agronomical management methods and technical assistance.On the occasion, the farmers harvested their cultivated BRRI-evolved BR 26, BRRI dhan 48 and BRRI dhan65 varieties of Aus rice on their exhibition plots and got yield rates of 17, 15 and 14 mounds of Aus crop in terms of paddy respectively.
While expressing his experience about cultivation Aus rice, farmer Aynal Haque said that farming of the BRRI-evolved BR26, BRRI dhan 48 and BRRI dhan 65 Aus rice varieties needed less time, fertiliser and irrigation water.‘The farming cost of these rice varieties is low and profit is more. Rice of BRRI dhan 48 is tasty and fine in quality. Moreover, attack of blast and BLB diseases was very low,’ he said hoping that he would cultivate the rice varieties on more land next time.
Agriculturist Sarker, in his concluding remarks, highlighted different aspects of agronomical managements of cultivation to get more yield from these varieties of Aus rice.He said, ‘Planting of seedlings aged between 20 and 25 days should be done maintaining recommended distance between second week of April and second week of May.’During transplantation of seedling, 200 grams of urea, TSP 210 grams, potash 300 grams, gypsum 180 grams and 25 grams of zinc fertilisers should be mixed in every one decimal of land.‘After 20 and 40 days since transplantation, 200 grams of urea fertiliser should be applied twice. The farmland should be kept completely weed-free clean from 30 to 35 days since transplantation,’ he added.
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Boozman to spend week
with Arkansas agriculture
·
Aug
4, 2018
WASHINGTON — U.S. Senator John
Boozman (R-AR), a member of the Senate Agriculture Committee, will visit
farmers, ranchers and educators during his annual agriculture tour on August 6
– 9. The tour covers a wide variety of agriculture operations throughout the
state and will highlight the diversity and future of Arkansas’ largest
industry.
“The agriculture industry is an
economic driver for our state. As Congress finalizes the 2018 farm bill, it’s
important for me to hear the ideas of our farmers, ranchers and producers about
the impact the legislation has on their operations. Talking directly with these
stakeholders and experts is vital to ensuring we eliminate provisions harmful
to the industry,” Boozman said.
On Wednesday Boozman was named a
Senate conferee to the Farm Bill conference committee between the House and
Senate. Arkansans can follow the tour via social media on the hashtag: #ARisAg.
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MPCA
ADMITS NO SOLUTION IN SIGHT ON WILD RICE SULFATE ISSUE
Aug 3, 2018
The Minnesota Pollution Control
Agency (MPCA) finally released the comprehensive independent report conducted
by Bolton & Menk, Inc. and Barr Engineering Company on the affordability of
sulfate removal from wastewater, as well as looking at alternative treatment
methods for sulfate removal. Minnesota is the only state in the nation that has
a sulfate standard for wild rice waters. The standard developed from research
in the 1940’s is intended to protect wild rice but has never been enforced
since put into law in 1973.
The Minnesota legislature
providing financing and a directive to the MPCA in recent years, to undergo new
research on the impacts of sulfate on wild rice, conduct public hearings,
develop a new standard and determine the cost of treatment for local
municipalities and industrial dischargers. After several years of contested
research, many public hearings, and a new proposed standard, an administrative
law judge determined the new rule was “constitutionally vague and
unenforceable”. Subsequently, the legislature passed bills to abolish the
standard and provide additional funding for wild rice restoration, which
Governor Dayton vetoed (twice). All of this occurred before this affordability
report was completed and released calling into question the wisdom of spending
all that time and effort at the Capitol last session on this issue.
The report states in plain
English the following determination: “The study results show that reverse
osmosis is the one treatment method that is closest to being feasible – but
that it is NOT currently affordable. The 30 other treatment processes evaluated
either would not effectively remove sulfate from wastewater, were not yet
developed enough to be used, or would cost even more than reverse osmosis.”
This is virtually the same testimony provided at the MPCA public hearing on
this matter by RAMS, and the same position taken by our organization on behalf
of the 13 Iron Range communities targeted as having wastewater plants that
discharge to wild rice waters as identified by the MPCA.
At the end of the legislative
session, after twice vetoing bills to correct this situation, Governor Dayton
issued an executive order to establish a task force on wild rice. The task
force would be made up by a diverse group of people representing industry, our
native tribes, environmentalist, independent scientists, a public waste water
operator and a non-government representative along with staff from the MPCA and
DNR. The task force was to meet and develop recommendations for the 2019 legislative
session by December 15, 2018. To date the task force has not been selected
making their task virtually untenable for this important issue.
Two final points of interest. The
firms conducting this independent study were allowed to analyze treatment
options that would result in a final sulfate limit of 250 mg/L, not the current
standard of 10 mg/L. For those who don’t know the standard for potable water is
250 mg/L, so why is the standard for wastewater so much lower? The report also
states: ”Sulfur in wastewater is most commonly present as sulfate or sulfide,
which originates primarily from drinking water sources, human waste, and
industrial discharges. More than 95% of municipalities in Minnesota use
groundwater as the source for their drinking water. The concentrations of
sulfate in the groundwater vary geographically across the state from less than
10 mg/L to over 500 mg/L.
Unfortunately, this issue was not
addressed in the last session and will once again be in front of the
legislature and the new Governor in 2019. Perhaps common sense can be applied
to the problem this time now that much needed information around costs and
feasibility of treatment options are now available.
This should not be that
difficult. Make a permanent funding source available for wild rice growth and
rehabilitation efforts. Allow our native people to control water levels and
invasive species proven to be one of the most detrimental factors to wild rice
growth and Minnesota will have a vibrant natural wild rice crop for generations.
Isn’t that what we all want?
2 Chinese
men indicted in Little Rock, accused of conspiring to steal rice production
technology
By Linda Satter
August 4, 2018 at 4:30 a.m.
·
Two rice researchers from China
were indicted Friday in Little Rock on accusations that they conspired to steal
rice production technology to take the proprietary science back to China.
Cody Hiland, U.S. attorney for the
Eastern District of Arkansas, and Diane Upchurch, special agent in charge of
the FBI's Little Rock office, announced the indictments of Liu Xuejun, 49, and
Sun Yue, 36, on charges of conspiracy to steal trade secrets and conspiracy to
commit interstate transportation of stolen property.
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inbox.
Hiland and Upchurch said the men
were indicted over their involvement in the theft of rice seeds designed for
use in the medical field. The seeds were developed by Ventria Bioscience, a
company based in Colorado with a rice production facility in Kansas. They said
the company used technology to create rice seeds that contained certain
proteins, which could then be removed from the rice and used in medicine and
pharmaceutical products.
"These rice seeds may be
small, but the research and investment that went into the science that made
them possible is of great value," Hiland said in a news release, noting
that Ventria has invested about $75 million in developing the intellectual
property behind the seeds.
"We remain vigilant in our
efforts at protecting both intellectual and real property from theft by other
nations," he said.
In 2013, when Liu and Sun worked at
the Crops Research Institute in Tianjin, China, they visited several rice
research and production facilities in the United States, including the U.S.
Department of Agriculture's Dale Bumpers National Rice Research Center in
Stuttgart. Liu was a professor and Sun was a research associate at the Chinese
institute.
Upon the men's arrival at the
airport in Honolulu on their way back to China, U.S. Customs and Border
Protection agents found stolen rice seeds in the men's luggage, the release
said. It noted that the stolen seeds included some from both the Stuttgart
research center and the Kansas production facility.
Weiqiang Zhang, a rice breeder at
Ventria's Kansas facility, and Wengui Yan, who had worked at the Stuttgart facility
since 1996 as a rice geneticist, helped organize Liu and Sun's trip to the
United States, according to Hiland and Upchurch. Both Zhang and Yan were
charged in a related federal case in Kansas in late 2013. In 2016, Zhang, 47,
was convicted at trial and sentenced to 10 years in prison, while Yan, 63,
pleaded guilty to one count of making false statements to the FBI and was
sentenced to a year in prison.Both Zhang and Yan are natives of the People's
Republic of China and were legally living in the United States when they were
arrested, according to an earlier news release from the U.S. attorney's office
in Kansas City, Kan.
"Today's indictment of Liu and
Sun should not go unnoticed by those who seek to steal our trade secrets and
technology," Upchurch said in the news release. "This type of crime
is consistent with China's social and economic five-year plan to modernize
their seed industry."Conspiracy to steal trade secrets is punishable by up
to 10 years in prison and a fine of up to $250,000, while conspiracy to commit
interstate transportation of stolen property is punishable by up to five years
and a fine of up to $250,000.The case that was investigated by the FBI is being
prosecuted by Assistant U.S. Attorney Allison Bragg.
Global
Rice Flour Market by Product Details , Application and Regional Forecast 2022
August 4, 2018
The ”Global Rice Flour Market ” Report offers an extensive understanding and
insightful overview of the market along with its definition, segmentation,
technical and financial details, potential, influential trends, business
strategies and the challenges that the market is currently facing and
also forecast for upcoming years.
Rice Flour
Market Research Report -2022 starts with basic overview, which later elaborates
in-detail study of the company profiles and its business strategies that will
help the buyers to gain a clear view about the competitive landscape and plan
the strategies accordingly. A separate segment is also provided in the report,
which gives a detail analysis of cost, Gross Margin, revenue, Market Share,
product specifications, Imports and Exports Analysis, company profile and
contact information.
The Rice Flour market size will
grow from USD XX Billion in 2017 to USD XX Billion by 2023, at an estimated
CAGR of XX.X%. The base year considered for the study is 2017, and the market
size is projected from 2018 to 2023.
Get a Sample of Rice Flour Market research report from:
Rice Flour Market Analysis by Players: This report includes following top vendors in terms of
company basic information, product category, sales (volume), revenue (Million
USD), price and gross margin (%). Burapa Prosper, Thai Flour Industry, Rose
Brand, Cho Heng, Koda Farms, BIF, Lieng Tong, Bob\’s Red Mill Natural Foods,
Pornkamon Rice Flour Mills, Huangguo
Market Segmentation by Regions: Each geographical region is analyzed as Sales, Market Share (%)
by Types & Applications, Production, Consumption, Imports & Exports
Analysis, and Consumption Forecast.
USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others
USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others
Market Segmentation by Types: Each type is studied as Sales, Market Share (%), Revenue
(Million USD), Price, Gross Margin and more similar information.
Rice Flour, Brown Rice Flour, Glutinous Rice Flour, Others
Rice Flour, Brown Rice Flour, Glutinous Rice Flour, Others
Rice Flour Market Analysis by Applications: Each application is studied as Sales and Market Share (%),
Revenue (Million USD), Price, Gross Margin and more similar information.
Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening Agent, Others
Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening Agent, Others
Have any Query Regarding the Global Rice Flour Market Report?
Contact us at:
There are 14 Chapters to thoroughly explain the Rice Flour market:
Chapter 1:
Rice Flour Market Overview, Product Overview of Rice Flour, Classification and
Application of Rice Flour, Global Rice Flour Market Regional Analysis,
Rice Flour Consumer Behaviour Analysis.
Chapter 2:
Global Rice Flour Competitions by Players, Global Rice Flour Sales (Unit) and
Market Share (%) by Players, Revenue (Million USD) and Share by Players, Global
Rice Flour Price (USD/Unit) by Players (2016-2017), Gross Margin by Players.
Chapter 3:
Global Rice Flour Competitions by Types, Share by Type, Price (USD/Unit) by
Type, Gross Margin by Type and Market Share (%) by Type
Chapter 4:
Global Rice Flour Competitions by Application, Market Share (%) by Application,
Revenue (Million USD) and Share by Application, Price (USD/Unit) by
Application, Gross Margin by Application.
Chapter 5:
Global Rice Flour Production Market Analysis by Region, Production (Unit) and
Market Share (%) by Region, Global Rice Flour Production Value (Million USD)
and Share by Region, Price (USD/Unit) by Region, Gross Margin by Region.
Chapter 6-8:
Global Rice Flour Sales Market Analysis by Region, Imports and Exports Market
Analysis, Rice Flour Players Profiles and Sales Data with Company Basic
Information, Rice Flour Product Category
Chapter 9:
Rice Flour Upstream and Downstream Analysis, Key Raw Materials Suppliers and
Price Analysis, Key Raw Materials Production and Consumption Analysis,
Proportion of Manufacturing Cost Structure, Manufacturing Process Analysis,
Rice Flour Downstream Buyers Analysis, Rice Flour Industry Chain Analysis,
Industry Chain Analysis, Procurement Method Analysis, Customs Tariff Analysis
Chapter 10: Global Rice Flour Market
Forecast, Market Consumption Forecast by Regions, Production Forecast by
Regions, Consumption Forecast by Type, Rice Flour Consumption Forecast by
Application,
Chapter 11:
Research Findings and Conclusion
Purchase Rice Flour Market Report at:
Key Reasons to Purchase
·
To
gain insightful analyses of the market and have comprehensive understanding of
the Rice Flour market and its commercial landscape.
·
Assess
the Rice Flour production processes, major issues, and
solutions to mitigate the development risk.
·
To
understand the most affecting driving and restraining forces in
the Rice Flour market and its impact in the Global market.
· Learn about the market strategies that are being
adopted by leading respective organizations.
· To understand the future outlook and prospects for Rice
Flour market.
Lastly Rice Flour report focus
on and regional market, providing information on suppliers, distributors,
traders, customers, investors and etc., major types, major applications and
etc. Data type include capacity, production, market share, price, revenue,
cost, gross, gross margin, growth rate, consumption, import, export and etc.
Industry chain, manufacturing process, cost structure, marketing channel are
also analyzed in this report.
Vietnam’s rice exports on the rise
Hanoi (VNA) –
Vietnam’s rice exports in the first seven months of this year brought home 2
billion USD, rising 32 percent against the same period last year.From January
to July, the country sold 3.86 million tonnes of the grain abroad, a
year-on-year increase of 12.8 percent.In the first six months of the year,
China remained the largest importer of Vietnamese rice with 1.13 million
tonnes, followed by African market with 537,000 tonnes, the Philippines with
429,000 tonnes, Indonesia with 776,000 tonnes, and Malaysia with 305,000
tonnes.
Vietnamese exporters have paid due attention to the Chinese market, which accounts for 40 percent of country’s total rice exports. However, China’s import policies and technical barriers pose considerable challenges for Vietnamese firms, said Nguyen Trung Kien, Chairman and General Director of the Gentraco Feed Joint Stock Company.“China is a choosy market. If Vietnamese products, from pork to vegetables and fruits, do not meet quality requirements, they will be rejected”, he said.
Kien recommended that the Government support exporters in terms of policies and the agricultural sector should give guidance to farmers to produce high-quality products, meeting market’s demand.
Experts said that demands for rice will grow in the last quarter of the year. Five traditional importers of Cuba, Iraq, Indonesia, the Philippines and Malaysia possibly purchase 3-4 million tonnes of rice. However, the Philippines may prefer Thai rice due to its competitive price as the country is importing rice under the minimum access volume (MAV) scheme.
Meanwhile, Bangladesh intends to buy 400,000 tonnes of rice from Vietnam among 700,000 tonnes it will import in August. Vietnamese firms are sending 60,000 tonnes of rice to Cuban market, and 30,000 tonnes to Iraq every month.-VNA
Vietnamese exporters have paid due attention to the Chinese market, which accounts for 40 percent of country’s total rice exports. However, China’s import policies and technical barriers pose considerable challenges for Vietnamese firms, said Nguyen Trung Kien, Chairman and General Director of the Gentraco Feed Joint Stock Company.“China is a choosy market. If Vietnamese products, from pork to vegetables and fruits, do not meet quality requirements, they will be rejected”, he said.
Kien recommended that the Government support exporters in terms of policies and the agricultural sector should give guidance to farmers to produce high-quality products, meeting market’s demand.
Experts said that demands for rice will grow in the last quarter of the year. Five traditional importers of Cuba, Iraq, Indonesia, the Philippines and Malaysia possibly purchase 3-4 million tonnes of rice. However, the Philippines may prefer Thai rice due to its competitive price as the country is importing rice under the minimum access volume (MAV) scheme.
Meanwhile, Bangladesh intends to buy 400,000 tonnes of rice from Vietnam among 700,000 tonnes it will import in August. Vietnamese firms are sending 60,000 tonnes of rice to Cuban market, and 30,000 tonnes to Iraq every month.-VNA
RiceBran Technologies Reports Q2 2018 Financial Results and Provides
Business Updates
Aug 02, 2018, 16:00 ET
THE WOODLANDS, Texas, Aug. 2, 2018 /PRNewswire/ -- RiceBran
Technologies (NASDAQ: RIBT)
(NASDAQ: RIBTW) (the
"Company" or "RBT"), a global leader in the production and
marketing of value added products derived from rice bran, announced today the
Company's financial results for the second quarter ended June 30, 2018.
"We
are making progress on many fronts positioning RiceBran Technologies for
substantial growth," said Brent Rystrom,
Chief Operating Officer and Chief Financial Officer. "We are pleased
with our new bran supply agreement with Golden Ridge
Rice Mills, which will provide our first source of supply from Arkansas, the largest rice producing state in the
country. This agreement also provides us the option to acquire Golden Ridge Rice Mills, which we believe could be a
transformational event for RBT and our shareholders by enabling us to
substantially improve our supply chain management capabilities through outright
control of a major source of bran supply and could position us for many other
product and growth opportunities. We are excited by the progress of our
sales team and their development of our sales pipeline, and our efforts to
improve and expand bran supply emboldens our confidence that we can deliver on growth.
And our balance sheet remains in strong position to fund our transition
to growth."
Business
Highlights:
- Revenue
in the second quarter totaled $3.2 million,
better than our updated guidance but below our original expectations for
the period. Net loss of $(2.2) million and
adjusted EBITDA of $(1.8) million in
the second quarter of 2018 compared to net loss of $(1.2) million and adjusted EBITDA of $(1.3) million in the same period in the prior
year. Both revenue and margins were negatively impacted during the
second quarter by the loss of production at our Mermentau, LA facility starting in
mid-April, which limited our ability to grow the business and caused us to
ship more from our California facilities
at much higher freight costs. In addition, gross margin was
negatively impacted by reduced production at our Dillon, MTfacility due to a large Cap Ex project
related to attaining plant certification and an increase of approximately
37.9% in raw bran prices.
- Our
balance sheet remains liquid and strong. We received $3.9 million of proceeds from warrant exercises
during the quarter, which more than offset cash burn from operations and
helped to increase shareholders' equity. We ended the quarter with
cash and cash equivalents of $7.7 million,
debt of $14,000, and shareholders' equity
of $16.8 million.
- We
entered into a new rice bran supply agreement with Golden Ridge Rice Mills. Golden Ridge Rice Mills will provide us with
stabilized rice bran (SRB) from its location in Wynne, AR. This agreement positions RBT to
expand our sourcing capabilities into Arkansas,
the largest rice producing state in the U.S.
- We
also secured an option to purchase Golden Ridge
Rice Mills. We believe that owning and operating rice mills
and the related rice bran production facilities will be an important part
of our future supply of SRB, in addition to working with our current rice
mill partners. It would also provide us substantial space to develop
new products derived from SRB, an area of concentration for us where we
see many growth opportunities.
- We
are excited by the anticipated growth in our sales pipeline and are
working to add additional production capacity to our system to meet
expected growth this year and next.
- The
Company now sees 2018 revenue of $14.0-$15.0 million. We expect modest revenue growth
in the third quarter and more substantial growth in the fourth
quarter.
"We
made important progress during the quarter in both our system-wide
certification efforts, and through the development of our relationship
with Golden Ridge Rice Mills," said
Dr. Robert Smith, CEO and President.
"As our Mermentau operations
resume production in the third quarter and we add production supplies
from Golden Ridge Rice Mills, we believe we
are well positioned to pursue accelerating growth."
Highlights
for the 2018 second quarter include:
- Revenue
of $3.2 million increased 1.7%
from $3.1 million, driven mainly from
food products. Growth in animal feed product revenue was limited by
the production issues we experienced in Mermentau.
- Gross
profit margin declined 470 basis points, primarily due to the idling of
our Mermentauplant, reduced production
at Dillon due to a large Cap Ex project
related to certification, higher raw rice bran costs, and higher freight
costs related to supplying Mermentaucustomers
from California.
- SG&A
increased 6% mainly due to higher sales costs, additional headcount in
quality assurance and operations to support our certification, and higher
professional fees.
- Our
financial condition improved during the quarter as a result of cash
received from warrant exercises more than offsetting our net losses.
Our cash and cash equivalents and shareholders' equity increased to $7.7 million and $16.8
million at June 30, 2018 compared
to $5.1 million and $14.9 million, respectively, for those items
at March 31, 2018. We
received $3.9 million of proceeds
from warrant exercises during the quarter and Cap Ex totaled $1.1 million.
"We
are excited about the sales pipeline we are developing and how we believe this
will translate into substantial growth," said Brent
Rystrom, Chief Operating Officer and Chief Financial Officer.
"We are confident that resumed production at Mermentau and
our new supply starting from Golden Ridge Rice Mills positions
us to pursue more substantial growth in the remainder of 2018 and
beyond. We expect revenue growth to accelerate sharply starting in
the 2018 fourth quarter as we get the benefits of improved rice bran supplies
catching up to our expanding sales pipeline."
"Crop
expectations are strong for California as
well as near Mermentau, and favorable
elsewhere. We are hopeful that the larger crop will drive down raw rice
bran prices as harvesting takes place in August-September," Rystrom
continued. "Adding new supply from Arkansas –
the state that produces about half of the U.S. rice crop – should also
help. Raw rice bran prices in Arkansas have
been considerably lower than our other operating locations."
Guidance
Updates:
- RBT
is lowering its 2018 annual revenue target to $14.0
million to $15.0 million from $16.0 million to reflect lower revenue in the
second and third quarters due to the negative impact of the production
losses we experienced in April-July at Mermentau leading
to our decision to delay certain anticipated new customer additions until
later in the year.
- RBT
expects adjusted EBITDA losses to improve in the third quarter from second
quarter levels and expects a more considerable improvement in the fourth
quarter as sequential revenue growth accelerates. We continue to
target attaining positive adjusted EBITDA by mid-2019.
- We
continue to believe our balance sheet is sufficient to support our growth
plan for 2018 and beyond.
- Our
guidance does not assume the financial impact that would result from
exercising our option to purchase Golden Ridge
Rice Mills.
Conference
Call Information
RiceBran
Technologies will host a conference call today, Thursday,
August 2, at 4:30 p.m. Eastern Time to
discuss these results. The conference call information is as follows:
- Direct
Dial-in number for US/Canada: (412)
317-6026
- Toll
Free Dial-in number for US/Canada: (877)
300-8521
- Dial-In
number for international callers: (412) 317-6026
- Participants
will ask for the RiceBran Technologies Q1 2018 Financial Results Call
This
call is being webcast by ViaVid and can be accessed at http://public.viavid.com/index.php?id=130781.
The call
will also be available for replay by accessing http://public.viavid.com/index.php?id=130781.
About
RiceBran Technologies
RiceBran
Technologies is a specialty ingredient company servicing the food, animal
nutrition and specialty ingredient products markets. We utilize our proprietary
and patented intellectual property to convert rice bran, one of the world's
most underutilized food sources, into a number of highly nutritious and clean
label ingredient products. The global target markets for our products include
food and animal nutrition manufacturers and retailers, as well as specialty
food, functional food and nutritional supplement manufacturers and retailers.
More information can be found in the Company's filings with the SEC and by
visiting our website
Forward-Looking
Statements
This
release contains forward-looking statements, including, but not limited to,
statements about RiceBran Technologies' expectations regarding the sufficiency
of its cash position to pursue its plans in 2018, the supply agreement
with Golden Ridge Rice Mills, the potential
exercise of the option to purchase of Golden Ridge's milling
operations and any resulting benefits to RBT of acquiring Golden Ridge if the option is exercised, the rice
production volumes in California, Louisiana and Arkansas,
the price of rice bran, the rice milling volumes in the Delta region and the
impact of these volumes on its financial performance, and its business plans,
future growth, revenue and adjusted EBITDA. These statements are made
based upon current expectations that are subject to known and unknown risks and
uncertainties, including the risks that RBT does not exercise its option to
acquire Golden Ridge Rice Mills or receive
the resulting benefit from this acquisition if the option is exercised.
RiceBran Technologies does not undertake to update forward-looking
statements in this news release to reflect actual results, changes in
assumptions or changes in other factors affecting such forward-looking
information. Assumptions and other information that could cause results
to differ from those set forth in the forward-looking information can be found
in RiceBran Technologies' filings with the Securities and Exchange
Commission, including its most recent periodic reports.
RiceBran Technologies
|
|||||||||||||||
Condensed Consolidated Statements
of Operations
|
|||||||||||||||
Three and Six Months Ended June
30, 2018 and 2017
|
|||||||||||||||
(Unaudited) (in thousands, except
share and per share amounts)
|
|||||||||||||||
Three Months Ended
|
Six Months Ended
|
||||||||||||||
2018
|
2017
|
2018
|
2017
|
||||||||||||
Revenues, net
|
$
3,198
|
$
3,146
|
$
6,750
|
$
6,761
|
|||||||||||
Cost of goods sold
|
2,535
|
2,348
|
5,133
|
4,776
|
|||||||||||
Gross profit
|
663
|
798
|
1,617
|
1,985
|
|||||||||||
Selling, general and
administrative expenses
|
2,830
|
2,667
|
5,683
|
4,933
|
|||||||||||
Loss from continuing operations
before other income (expense)
|
(2,167)
|
(1,869)
|
(4,066)
|
(2,948)
|
|||||||||||
Other income (expense):
|
|||||||||||||||
Interest expense
|
(2)
|
(475)
|
(3)
|
(1,530)
|
|||||||||||
Change in fair value of
derivative warrant liabilities
|
-
|
22
|
-
|
1,121
|
|||||||||||
Loss on extinguishment of debt
|
-
|
-
|
-
|
(1,680)
|
|||||||||||
Other income
|
9
|
33
|
9
|
37
|
|||||||||||
Other expense
|
-
|
-
|
(13)
|
(100)
|
|||||||||||
Total other income (expense)
|
7
|
(420)
|
(7)
|
(2,152)
|
|||||||||||
Loss from continuing operations
before income taxes
|
(2,160)
|
(2,289)
|
(4,073)
|
(5,100)
|
|||||||||||
Income tax benefit
|
-
|
515
|
-
|
912
|
|||||||||||
Loss from continuing operations
|
(2,160)
|
(1,774)
|
(4,073)
|
(4,188)
|
|||||||||||
Income from discontinued
operations, net of tax
|
-
|
304
|
-
|
117
|
|||||||||||
Net loss
|
(2,160)
|
(1,470)
|
(4,073)
|
(4,071)
|
|||||||||||
Less - Net loss attributable to
noncontrolling interest
|
|||||||||||||||
in discontinued operations
|
-
|
(248)
|
-
|
(567)
|
|||||||||||
Net loss attributable to RiceBran
Technologies shareholders
|
(2,160)
|
(1,222)
|
(4,073)
|
(3,504)
|
|||||||||||
Less - Dividends on preferred
stock, beneficial conversion feature
|
-
|
-
|
-
|
778
|
|||||||||||
Net loss attributable to RiceBran
Technologies common shareholders
|
$
(2,160)
|
$
(1,222)
|
$
(4,073)
|
$
(4,282)
|
|||||||||||
Basic earnings (loss) per common
share:
|
|||||||||||||||
Continuing operations
|
$
(0.11)
|
$
(0.18)
|
$
(0.22)
|
$
(0.51)
|
|||||||||||
Discontinued operations
|
-
|
0.06
|
-
|
0.07
|
|||||||||||
Basic loss per common share -
RiceBran Technologies
|
$
(0.11)
|
$
(0.12)
|
$
(0.22)
|
$
(0.44)
|
|||||||||||
Diluted earnings (loss) per
common share:
|
|||||||||||||||
Continuing operations
|
$
(0.11)
|
$
(0.18)
|
$
(0.22)
|
$
(0.51)
|
|||||||||||
Discontinued operations
|
-
|
0.06
|
-
|
0.07
|
|||||||||||
Diluted loss per common share -
RiceBran Technologies
|
$
(0.11)
|
$
(0.12)
|
$
(0.22)
|
$
(0.44)
|
|||||||||||
Weighted average number of shares
outstanding:
|
|||||||||||||||
Basic
|
20,366,451
|
9,794,405
|
18,731,925
|
9,726,268
|
|||||||||||
Diluted
|
20,366,451
|
9,794,405
|
18,731,925
|
9,726,268
|
|||||||||||
RiceBran Technologies
|
|||||||||||||||
Condensed Consolidated Balance
Sheets
|
|||||||||||||||
June 30, 2018 and December 31,
2017
|
|||||||||||||||
(Unaudited) (in thousands, except
share amounts)
|
|||||||||||||||
June 30
|
December 31
|
||||||||||||||
2018
|
2017
|
||||||||||||||
ASSETS
|
|||||||||||||||
Current assets:
|
|||||||||||||||
Cash and cash equivalents
|
$
7,660
|
$
6,203
|
|||||||||||||
Restricted cash
|
225
|
775
|
|||||||||||||
Accounts receivable, net of
allowance of $16 at June 30, 2018
|
1,409
|
1,273
|
|||||||||||||
Inventories - Finished
goods
|
402
|
564
|
|||||||||||||
Inventories - Packaging
|
84
|
114
|
|||||||||||||
Deposits and other current
assets
|
546
|
519
|
|||||||||||||
Total current assets
|
10,326
|
9,448
|
|||||||||||||
Property and equipment, net
|
9,097
|
7,850
|
|||||||||||||
Other long-term assets, net
|
32
|
63
|
|||||||||||||
Total assets
|
$
19,455
|
$
17,361
|
|||||||||||||
LIABILITIES AND EQUITY
|
|||||||||||||||
Current liabilities:
|
|||||||||||||||
Accounts payable
|
$
785
|
$
765
|
|||||||||||||
Accrued salary, wages and
benefits
|
693
|
773
|
|||||||||||||
Accrued expenses
|
849
|
741
|
|||||||||||||
Unearned revenue
|
22
|
75
|
|||||||||||||
Escrow liability
|
258
|
258
|
|||||||||||||
Current maturities of long-term
debt
|
4
|
4
|
|||||||||||||
Total current liabilities
|
2,611
|
2,616
|
|||||||||||||
Long-term debt, less current
portion
|
10
|
12
|
|||||||||||||
Total liabilities
|
2,621
|
2,628
|
|||||||||||||
Commitments and contingencies
|
|||||||||||||||
Shareholders' Equity:
|
|||||||||||||||
Equity attributable to RiceBran
Technologies shareholders:
|
|||||||||||||||
Preferred stock, 20,000,000
shares authorized:
|
|||||||||||||||
Series G, convertible, 3,000
shares authorized, 630 shares
issued and outstanding |
313
|
313
|
|||||||||||||
Common stock, no par value,
50,000,000 shares authorized,
|
|||||||||||||||
24,254,013 and 18,046,731 shares
issued and outstanding
|
285,722
|
279,548
|
|||||||||||||
Accumulated deficit
|
(269,201)
|
(265,128)
|
|||||||||||||
Total shareholders' equity
attributable to RiceBran
Technologies shareholders |
16,834
|
14,733
|
|||||||||||||
Total liabilities and
shareholders' equity
|
$
19,455
|
$
17,361
|
|||||||||||||
USE OF
NON-GAAP FINANCIAL INFORMATION
We utilize
"Adjusted EBITDA" as a supplemental measure in our ongoing analysis
of short term and long term cash requirement and liquidity needs. Adjusted
EBITDA does not represent cash flows from operations as defined by generally
accepted accounting principles ("GAAP"), is not a measure derived in
accordance with GAAP and should not be considered as an alternative to net
income (the most comparable GAAP financial measure to EBITDA). Management uses
Adjusted EBITDA as an indicator of our current financial performance. By
eliminating the impact of all material non-cash charges as well as items that
do not regularly occur, we believe that Adjusted EBITDA provides a more
accurate and informative indicator of our cash requirements.
The
table below contains a reconciliation of net income (GAAP) and Adjusted EBITDA
(Non-GAAP) for the three months and six months ended June
30, 2018 and 2017. We do not provide a reconciliation of
forward-looking net income (GAAP) to Adjusted EBITDA (non-GAAP). Due to
the nature of certain reconciling items, it is not possible to predict with any
reliability what future outcomes may be with regard to the expense or income
that may ultimately be recognized in future periods. Any forward-looking
Adjusted EBITDA information that we may provide from time to time consistently
excludes the same items from projected net income that are excluded from actual
net income in the table below.
RiceBran Technologies
|
||||
Adjusted EBITDA Reconciliation
|
||||
For the three months ended June
30 (in thousands)
|
||||
2018
|
2017
|
|||
Net income (loss)
|
$
(2,160)
|
$
(2,289)
|
||
Interest expense
|
2
|
475
|
||
Depreciation & amortization
|
172
|
181
|
||
Unadjusted EBITDA
|
$
(1,986)
|
$
(1,633)
|
||
Add Back Other Items:
|
||||
Change in fair value of
derivative liabilities
|
-
|
(22)
|
||
Other income/expense
|
(9)
|
(33)
|
||
Share-based compensation
|
171
|
361
|
||
Corporate relocation associated
expenses
|
-
|
30
|
||
Other
|
-
|
7
|
||
Adjusted EBITDA
|
$
(1,824)
|
$
(1,290)
|
||
RiceBran Technologies
|
||||
Adjusted EBITDA Reconciliation
|
||||
For the six months ended June 30
(in thousands)
|
||||
2018
|
2017
|
|||
Net income (loss)
|
$
(4,073)
|
$
(5,100)
|
||
Interest expense
|
3
|
1,530
|
||
Depreciation & amortization
|
371
|
414
|
||
Unadjusted EBITDA
|
$
(3,699)
|
$
(3,156)
|
||
Add Back Other Items:
|
||||
Change in fair value of
derivative liabilities
|
-
|
(1,121)
|
||
Loss on extinguishment of debt
|
-
|
1,680
|
||
Other income/expense
|
7
|
63
|
||
Share-based compensation
|
431
|
654
|
||
Corporate relocation associated
expenses
|
-
|
75
|
||
Other
|
-
|
7
|
||
Adjusted EBITDA
|
$
(3,261)
|
$
(1,798)
|
Investor
Contact:
Ascendant Partners, LLC
Richard Galterio
(732) 410-9810
rich@ascendantpartnersllc.com
Ascendant Partners, LLC
Richard Galterio
(732) 410-9810
rich@ascendantpartnersllc.com
SOURCE
RiceBran Technologies
Chinese
Researchers Who Visited AR Charged with Conspiracy to Steal Rice Technology
Posted: Aug
03, 2018 02:31 PM CDT
Updated: Aug
03, 2018 02:31 PM CDT
25
LITTLE ROCK, Ark. - Two rice
researchers from China who visited a center in Stuttgart five years ago have
been charged in a conspiracy to steal rice production technology in an alleged
attempt to bring this proprietary science back to China.That's according to a
news release issued by Cody Hiland, United States Attorney for the Eastern
District of Arkansas, and Diane Upchurch, Special Agent in Charge of the FBI’s
Little Rock Field Office. The release announced the indictment of Liu Xuejun,
49, and Sun Yue, 36, both of China, for conspiracy to steal trade secrets and
conspiracy to commit interstate transportation of stolen property.
Continued news release:
A federal grand jury returned an indictment against Liu and Sun on Friday for their involvement in the theft of rice seeds designed for use in the medical field. The rice seeds were developed by a company called Ventria Bioscience, which used technology to create rice seeds that contained certain proteins. These proteins could then be removed from the rice and used in medicines and pharmaceutical products. Ventria, which is headquartered in Colorado and has a rice production facility in Kansas, has invested approximately $75 million in developing the intellectual property behind these rice seeds.
A federal grand jury returned an indictment against Liu and Sun on Friday for their involvement in the theft of rice seeds designed for use in the medical field. The rice seeds were developed by a company called Ventria Bioscience, which used technology to create rice seeds that contained certain proteins. These proteins could then be removed from the rice and used in medicines and pharmaceutical products. Ventria, which is headquartered in Colorado and has a rice production facility in Kansas, has invested approximately $75 million in developing the intellectual property behind these rice seeds.
"These rice seeds may be
small, but the research and investment that went into the science that made
them possible is of great value," Hiland said. "We remain vigilant in
our efforts at protecting both intellectual and real property from theft by
other nations, and it is our intention to present our case to an Arkansas jury
based on the crimes alleged in the indictment."
Liu and Sun visited the United
States in 2013. At that time, they both worked at the Crops Research Institute
in Tianjin, China. Liu was a professor, and Sun was a research associate. They
came to the United States to visit several rice research and production
facilities, and their visit included a stop at the Dale Bumpers National Rice
Research Center in Stuttgart.
Their trip was organized by
Weiqiang Zhang, who was a rice breeder at Ventria in Kansas, and Wengui Yan,
who worked at the Dale Bumpers Rice Research Center in Stuttgart. When Liu and
Sun ended their trip, they flew to Honolulu, Hawaii, on their way back to
China. At the Honolulu airport, U.S. Customs and Border Protection found stolen
rice seeds in Liu and Sun’s luggage, including seeds from the Dale Bumpers
National Rice Research Center as well as seeds from the Ventria rice production
facility in Kansas.
"Today’s indictment of Liu
and Sun should not go unnoticed by those who seek to steal our trade secrets
and technology," FBI SAC Upchurch said. "This type of crime is
consistent with China’s social and economic five-year plan to modernize their
seed industry. We appreciate the efforts of the United States Attorney’s Office
and together we will remain steadfast in protecting the United States’
intellectual property."
The two rice researchers who
helped organize Liu and Sun’s trip to the United States were convicted of their
involvement in the scheme in a connected case in the District of Kansas (see
link to press release below). Zhang, 47, was convicted at trial and sentenced
to 10 years’ imprisonment. Yan, 63, who worked in Stuttgart, pleaded guilty and
was sentenced to one year in prison.
A violation of conspiracy to
commit theft of trade secrets, under Title 18, United States Code, Section
1832, carries a maximum penalty of not more than 10 years’ imprisonment, not
more than a $250,000 fine, and not more than three years of supervised release.
A violation of conspiracy to commit interstate transportation of stolen
property, under Title 18, United States Code, Section 371, carries a maximum
penalty of not more than five years’ imprisonment, not more than a $250,000
fine, and not more than three years of supervised release.
The case was investigated by the
FBI, and is being prosecuted by Assistant United States Attorney Allison W.
Bragg. An indictment contains only allegations. A defendant is presumed
innocent unless and until proven guilty.
Link to related Kansas case:
https://www.justice.gov/usao-ks/pr/two-agricultural-scientists-chinacharged-stealing-trade-secrets
https://www.justice.gov/usao-ks/pr/two-agricultural-scientists-chinacharged-stealing-trade-secrets
Chinese
Nationals Charged with Conspiracy to Steal Rice Technology
LITTLE ROCK—Two rice researchers
from China have been charged in a conspiracy to steal rice production
technology in an alleged attempt to bring this proprietary science back to
China.
Cody Hiland, United States
Attorney for the Eastern District of Arkansas, and Diane Upchurch, Special
Agent in Charge of the FBI’s Little Rock Field Office, announced the indictment
of Liu Xuejun, 49, and Sun Yue, 36, both of China, for conspiracy to steal
trade secrets and conspiracy to commit interstate transportation of stolen
property.
A federal grand jury returned an
indictment against Liu and Sun on Friday for their involvement in the theft of
rice seeds designed for use in the medical field. The rice seeds were developed
by a company called Ventria Bioscience, which used technology to create rice
seeds that contained certain proteins. These proteins could then be removed
from the rice and used in medicines and pharmaceutical products. Ventria, which
is headquartered in Colorado and has a rice production facility in Kansas, has
invested approximately $75 million in developing the intellectual property
behind these rice seeds.
"These rice seeds may be
small, but the research and investment that went into the science that made
them possible is of great value," Hiland said. "We remain vigilant in
our efforts at protecting both intellectual and real property from theft by other
nations, and it is our intention to present our case to an Arkansas jury based
on the crimes alleged in the indictment."
Liu and Sun visited the United
States in 2013. At that time, they both worked at the Crops Research Institute
in Tianjin, China. Liu was a professor, and Sun was a research associate. They
came to the United States to visit several rice research and production
facilities, and their visit included a stop at the Dale Bumpers National Rice
Research Center in Stuttgart.
Their trip was organized by
Weiqiang Zhang, who was a rice breeder at Ventria in Kansas, and Wengui Yan,
who worked at the Dale Bumpers Rice Research Center in Stuttgart. When Liu and
Sun ended their trip, they flew to Honolulu, Hawaii, on their way back to
China. At the Honolulu airport, U.S. Customs and Border Protection found stolen
rice seeds in Liu and Sun’s luggage, including seeds from the Dale Bumpers
National Rice Research Center as well as seeds from the Ventria rice production
facility in Kansas.
"Today’s indictment of Liu
and Sun should not go unnoticed by those who seek to steal our trade secrets
and technology," FBI SAC Upchurch said. "This type of crime is
consistent with China’s social and economic five-year plan to modernize their
seed industry. We appreciate the efforts of the United States Attorney’s Office
and together we will remain steadfast in protecting the United States’
intellectual property."
The two rice researchers who
helped organize Liu and Sun’s trip to the United States were convicted of their
involvement in the scheme in a connected case in the District of Kansas (see
link to press release below). Zhang, 47, was convicted at trial and sentenced
to 10 years’ imprisonment. Yan, 63, who worked in Stuttgart, pleaded guilty and
was sentenced to one year in prison.
A violation of conspiracy to
commit theft of trade secrets, under Title 18, United States Code, Section
1832, carries a maximum penalty of not more than 10 years’ imprisonment, not
more than a $250,000 fine, and not more than three years of supervised release.
A violation of conspiracy to commit interstate transportation of stolen
property, under Title 18, United States Code, Section 371, carries a maximum
penalty of not more than five years’ imprisonment, not more than a $250,000
fine, and not more than three years of supervised release.The case was
investigated by the FBI, and is being prosecuted by Assistant United States
Attorney Allison W. Bragg. An indictment contains only allegations. A defendant
is presumed innocent unless and until proven guilty.
Link to related Kansas case:
This news release, as well as
additional information about the office of the United States Attorney for the
Eastern District of Arkansas, is available on-line at
Govt working for development of agriculture, farmers: DG BRRI
Published: 00:15, Aug
05,2018
Director general of Bangladesh Rice Research Institute Md
Shahjahan Kabir has said the present farmer-friendly government is working
relentlessly for development of agriculture and farmers.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.
Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.
More than 200 male and female farmers, scientists of BRRI and officials of Gaibandha district and sadar upazila offices of DAE, public representatives and elite were present.
Shahjahan Kabir suggested farmers to contact scientists of BRRIs for all information related to cultivation and production of rice, new seed, latest technologies, agronomical management methods and technical assistance.
On the occasion, the farmers harvested their cultivated BRRI-evolved BR 26, BRRI dhan 48 and BRRI dhan65 varieties of Aus rice on their exhibition plots and got yield rates of 17, 15 and 14 mounds of Aus crop in terms of paddy respectively.
While expressing his experience about cultivation Aus rice, farmer Aynal Haque said that farming of the BRRI-evolved BR26, BRRI dhan 48 and BRRI dhan 65 Aus rice varieties needed less time, fertiliser and irrigation water.
‘The farming cost of these rice varieties is low and profit is more. Rice of BRRI dhan 48 is tasty and fine in quality. Moreover, attack of blast and BLB diseases was very low,’ he said hoping that he would cultivate the rice varieties on more land next time.
Agriculturist Sarker, in his concluding remarks, highlighted different aspects of agronomical managements of cultivation to get more yield from these varieties of Aus rice.
He said, ‘Planting of seedlings aged between 20 and 25 days should be done maintaining recommended distance between second week of April and second week of May.’
During transplantation of seedling, 200 grams of urea, TSP 210 grams, potash 300 grams, gypsum 180 grams and 25 grams of zinc fertilisers should be mixed in every one decimal of land.‘After 20 and 40 days since transplantation, 200 grams of urea fertiliser should be applied twice. The farmland should be kept completely weed-free clean from 30 to 35 days since transplantation,’ he added.
‘The scientists of BRRI are always with farmers for making commercial-basis farm activities, especially rice cultivation, more profitable by resolving any problem being faced by them,’ he said
Kabir said this while addressing the harvesting of Aus rice, farmers field day and training on modern technologies of rice cultivation programme held at village Balata under Sadar upazila in Gaibandha on Saturday as chief guest, said a press release.
Principal scientific officer and chief of Rangpur Regional Station of BRRI agriculturist Md Abu Bakar Siddique Sarker presided over the event jointly organised by Rangpur Regional Station of BRRI and Department of Agricultural Extension.
More than 200 male and female farmers, scientists of BRRI and officials of Gaibandha district and sadar upazila offices of DAE, public representatives and elite were present.
Shahjahan Kabir suggested farmers to contact scientists of BRRIs for all information related to cultivation and production of rice, new seed, latest technologies, agronomical management methods and technical assistance.
On the occasion, the farmers harvested their cultivated BRRI-evolved BR 26, BRRI dhan 48 and BRRI dhan65 varieties of Aus rice on their exhibition plots and got yield rates of 17, 15 and 14 mounds of Aus crop in terms of paddy respectively.
While expressing his experience about cultivation Aus rice, farmer Aynal Haque said that farming of the BRRI-evolved BR26, BRRI dhan 48 and BRRI dhan 65 Aus rice varieties needed less time, fertiliser and irrigation water.
‘The farming cost of these rice varieties is low and profit is more. Rice of BRRI dhan 48 is tasty and fine in quality. Moreover, attack of blast and BLB diseases was very low,’ he said hoping that he would cultivate the rice varieties on more land next time.
Agriculturist Sarker, in his concluding remarks, highlighted different aspects of agronomical managements of cultivation to get more yield from these varieties of Aus rice.
He said, ‘Planting of seedlings aged between 20 and 25 days should be done maintaining recommended distance between second week of April and second week of May.’
During transplantation of seedling, 200 grams of urea, TSP 210 grams, potash 300 grams, gypsum 180 grams and 25 grams of zinc fertilisers should be mixed in every one decimal of land.‘After 20 and 40 days since transplantation, 200 grams of urea fertiliser should be applied twice. The farmland should be kept completely weed-free clean from 30 to 35 days since transplantation,’ he added.
Global
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Hengmao Agricultural Technology Opulent Technology Zhongnongfa Anhui Nongken
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Global Rice Seed Market Forecast
2018-2023
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research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along
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innovations and gives an overview on potential regional market shares.
Refined
Rice Bran Oil Market Research Industry Analysis, Growth, Size, Share, Trends,
Forecast to 2025
August 5, 2018
Pune, India—The report on Global Refined Rice
Bran Oil Market delivers comprehensive overview of the global market along with
the market elements such as market drivers, market trends, challenges and
restraints. Our analysts have done thorough analysis of all the major elements
to define the future prospect of Global Refined Rice Bran Oil Market.
The report also focuses on the
various developments activities happening across the globe. The activities such
as technological advancement, new product launch and upgradation in the current
product, innovation and opportunities for the new companies is also taken into
consideration while defining the future growth of the market. Extensive primary
research with the key industry people such as CEO, Product managers, directors,
industry experts and people involved in the supply chain has been done to
define the current market size and market growth.
Get a free sample or customize the report @ www.statsandreports.com/request-sample/38425-global-refined-rice-bran-oil-market-research-report-2018
It has been observed that many of
the players has been adopting organic business strategies for the business
growth while some of the tier I and tier II companies are extensively focusing
on the inorganic business strategies to reduce the competition and expand their
geographical footprint. The Global Refined Rice Bran Oil Market not only
studies the top key players but also takes into consideration the role of the
small and medium scale enterprises. Technological advancement has given the
boost to the industry which is leading to new opportunities and invites new
players in form of start-ups. The companies mentioned in the report of Global
Refined Rice Bran Oil Market are: Ricela, BCL, SVROil, Vaighai agro products,
A.P. Refinery, 3F Industries, Sethia Oils, BIRBHUM OILS INDUSTRIES, Jain Group
of Industries, Tsuno Rice Fine Chemicals, Agrotech International, Shivangi
Oils, Kamal, Balgopal, Oryza Oil & Fat Chemical, King rice oil group, Habib
Industries, Wilmar International, Surin Bran Oil, Suriny, RITO, RiceBran
Technologies, Wanyuan Food & Oil, Qaxld, Jinrun, Honghulang Rice Industry,
Hubei Tianxing.
Furthermore, the report also
provides deep analysis with respect to the market size and forecast on the
basis of different segments. The key segments are identified as type,
application and region.
Market Segment By Type:
Extraction, Squeezing
Market Segment By Application:
Food, Cosmetic, Industry, Others
Global Refined Rice Bran Oil
Market report also studies the growth opportunities and scope in the different
regions. The major regions included into the report are: North America, United
States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea,
Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France,
UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil,
Argentina, Rest of South America, Middle East & Africa, Saudi Arabia,
Turkey and Rest of Middle East & Africa
Read detailed research report @ www.statsandreports.com/report/38425-global-refined-rice-bran-oil-market-research-report-2018
Table of Content of Global
Refined Rice Bran Oil Market
The Global Refined Rice Bran Oil
Market Research Report offers deep insights about the market trends and
forecast in more than 12 chapters which provides qualitative as well as
quantitative analysis of the report.
Chapter 1, 2 and 3 includes
methodology & data sources, market overview and market analysis by
application. The market overview chapter provides segment information by type
including the revenue (million USD) and sales volume (K Units) along with
market share and year-on-year growth analysis. Market analysis by application
provides insights on the different application/end users of the Global Refined
Rice Bran Oil Market including the sales volume by sub application types.
Chapter 4, 5 and 6 includes
global market sales, revenue, price and growth rate analysis by regions, Market
Competition by Players/Manufacturers which includes global market share, price
by manufactures as well as sales and revenue by individual market players.
Research Methodology
The research report has been
prepared by conducting various rounds of primary interviews with key management
of several Tier-I and II companies. The primary research percentage of all of
reports are above ~80% whereas ~20% of secondary research includes data from
hoovers, factiva, one source avention and other government published records.
Both top-down approach has been applied for the calculation of market size,
volume, import and export and has been validated thoroughly.
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Thanks for reading the article.
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Stats and Reports is an India based research and consulting service provider specialized in offering wide range of business solutions to their clients including market research reports, primary and secondary research, demand forecasting services, focus group analysis and other services. We understand that how data is important in today’s competitive environment and thus, we have collaborated with industry’s leading research providers who works continuously to meet the ever growing demand for market research reports throughout the year. For more info log on to www.statsandreports.com
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Organic
Rice Flour 2018 – Industry Sales, Revenue, Gross Margin, Market Share, by
Regions and Forecast to 2025
August 5, 2018
Pune, India—The report on Global Organic Rice
Flour Market delivers comprehensive overview of the global market along with
the market elements such as market drivers, market trends, challenges and
restraints. Our analysts have done thorough analysis of all the major elements
to define the future prospect of Global Organic Rice Flour Market.
The report also focuses on the
various developments activities happening across the globe. The activities such
as technological advancement, new product launch and upgradation in the current
product, innovation and opportunities for the new companies is also taken into
consideration while defining the future growth of the market. Extensive primary
research with the key industry people such as CEO, Product managers, directors,
industry experts and people involved in the supply chain has been done to
define the current market size and market growth.
Get a free sample or customize the report @ www.statsandreports.com/request-sample/38492-global-organic-rice-flour-market-research-report-2018
It has been observed that many of
the players has been adopting organic business strategies for the business
growth while some of the tier I and tier II companies are extensively focusing
on the inorganic business strategies to reduce the competition and expand their
geographical footprint. The Global Organic Rice Flour Market not only studies
the top key players but also takes into consideration the role of the small and
medium scale enterprises. Technological advancement has given the boost to the
industry which is leading to new opportunities and invites new players in form
of start-ups. The companies mentioned in the report of Global Organic Rice
Flour Market are: Burapa Prosper, Thai Flour Industry, Rose Brand, CHO HENG,
Koda Farms, BIF, Lieng Tong, Bob���� �”!s Red Mill Natural Foods, Pornkamon Rice Flour Mills, HUANGGUO.
Furthermore, the report also
provides deep analysis with respect to the market size and forecast on the
basis of different segments. The key segments are identified as type,
application and region.
Market Segment By Type: Rice
Flour, Brown Rice Flour, Glutinous Rice Flour, Other
Market Segment By Application:
Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening
Agent
Global Organic Rice Flour Market
report also studies the growth opportunities and scope in the different
regions. The major regions included into the report are: North America, United
States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea,
Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France,
UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil,
Argentina, Rest of South America, Middle East & Africa, Saudi Arabia,
Turkey and Rest of Middle East & Africa
Read detailed research report @ www.statsandreports.com/report/38492-global-organic-rice-flour-market-research-report-2018
Table of Content of Global
Organic Rice Flour Market
The Global Organic Rice Flour
Market Research Report offers deep insights about the market trends and
forecast in more than 12 chapters which provides qualitative as well as
quantitative analysis of the report.
Chapter 1, 2 and 3 includes
methodology & data sources, market overview and market analysis by
application. The market overview chapter provides segment information by type
including the revenue (million USD) and sales volume (K Units) along with
market share and year-on-year growth analysis. Market analysis by application
provides insights on the different application/end users of the Global Organic
Rice Flour Market including the sales volume by sub application types.
Chapter 4, 5 and 6 includes
global market sales, revenue, price and growth rate analysis by regions, Market
Competition by Players/Manufacturers which includes global market share, price
by manufactures as well as sales and revenue by individual market players.
Research Methodology
The research report has been
prepared by conducting various rounds of primary interviews with key management
of several Tier-I and II companies. The primary research percentage of all of
reports are above ~80% whereas ~20% of secondary research includes data from
hoovers, factiva, one source avention and other government published records.
Both top-down approach has been applied for the calculation of market size,
volume, import and export and has been validated thoroughly.
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Stats and Reports is an India based research and consulting service provider specialized in offering wide range of business solutions to their clients including market research reports, primary and secondary research, demand forecasting services, focus group analysis and other services. We understand that how data is important in today’s competitive environment and thus, we have collaborated with industry’s leading research providers who works continuously to meet the ever growing demand for market research reports throughout the year. For more info log on to www.statsandreports.com
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MPCA
ADMITS NO SOLUTION IN SIGHT ON WILD RICE SULFATE ISSUE
Aug 3, 2018
The Minnesota Pollution Control
Agency (MPCA) finally released the comprehensive independent report conducted
by Bolton & Menk, Inc. and Barr Engineering Company on the affordability of
sulfate removal from wastewater, as well as looking at alternative treatment
methods for sulfate removal. Minnesota is the only state in the nation that has
a sulfate standard for wild rice waters. The standard developed from research
in the 1940’s is intended to protect wild rice but has never been enforced
since put into law in 1973.
The Minnesota legislature
providing financing and a directive to the MPCA in recent years, to undergo new
research on the impacts of sulfate on wild rice, conduct public hearings,
develop a new standard and determine the cost of treatment for local
municipalities and industrial dischargers. After several years of contested
research, many public hearings, and a new proposed standard, an administrative
law judge determined the new rule was “constitutionally vague and
unenforceable”. Subsequently, the legislature passed bills to abolish the
standard and provide additional funding for wild rice restoration, which
Governor Dayton vetoed (twice). All of this occurred before this affordability
report was completed and released calling into question the wisdom of spending
all that time and effort at the Capitol last session on this issue.
The report states in plain
English the following determination: “The study results show that reverse
osmosis is the one treatment method that is closest to being feasible – but
that it is NOT currently affordable. The 30 other treatment processes evaluated
either would not effectively remove sulfate from wastewater, were not yet
developed enough to be used, or would cost even more than reverse osmosis.”
This is virtually the same testimony provided at the MPCA public hearing on
this matter by RAMS, and the same position taken by our organization on behalf
of the 13 Iron Range communities targeted as having wastewater plants that
discharge to wild rice waters as identified by the MPCA.
At the end of the legislative
session, after twice vetoing bills to correct this situation, Governor Dayton
issued an executive order to establish a task force on wild rice. The task
force would be made up by a diverse group of people representing industry, our
native tribes, environmentalist, independent scientists, a public waste water
operator and a non-government representative along with staff from the MPCA and
DNR. The task force was to meet and develop recommendations for the 2019
legislative session by December 15, 2018. To date the task force has not been
selected making their task virtually untenable for this important issue.
Two final points of interest. The
firms conducting this independent study were allowed to analyze treatment
options that would result in a final sulfate limit of 250 mg/L, not the current
standard of 10 mg/L. For those who don’t know the standard for potable water is
250 mg/L, so why is the standard for wastewater so much lower? The report also
states: ”Sulfur in wastewater is most commonly present as sulfate or sulfide,
which originates primarily from drinking water sources, human waste, and
industrial discharges. More than 95% of municipalities in Minnesota use
groundwater as the source for their drinking water. The concentrations of
sulfate in the groundwater vary geographically across the state from less than
10 mg/L to over 500 mg/L.
Unfortunately, this issue was not
addressed in the last session and will once again be in front of the
legislature and the new Governor in 2019. Perhaps common sense can be applied
to the problem this time now that much needed information around costs and
feasibility of treatment options are now available.
This should not be that
difficult. Make a permanent funding source available for wild rice growth and
rehabilitation efforts. Allow our native people to control water levels and
invasive species proven to be one of the most detrimental factors to wild rice
growth and Minnesota will have a vibrant natural wild rice crop for
generations. Isn’t that what we all want?
APAC Rice
Noodles Market 2017-2021 Focuses on New Opportunities in the Global Industry
August 5, 2018
Global APAC Rice Noodles industry 2017-2021 report focuses on
types, applications, key drivers, challenges, and Opportunities, are outlined
to determine the overall attractiveness and to single out profitable trends to
gain a stronger foothold in the APAC Rice Noodles industry. APAC Rice Noodles
market is estimated to rise at a significant CAGR
(compound annual growth rate) of 5.11% during the years 2017-2021.
APAC Rice Noodles Market report
provides market forecast information, according to the history of the industry
and the future of the industry faces what situation, growth or failure. With
the slowdown in global economic growth, the APAC Rice Noodles market has also
suffered some impact, but still continued a fairly positive progress, the past
four years, market size to maintain the average annual growth rate.
Browse More Details at https://www.absolutereports.com/rice-noodles-market-in-apac-2017-2021-11515176
Top Manufacturers of APAC Rice Noodles Market
covers Leong
Guan Food Manufacturer, NISSIN FOODS, President Rice Products, THAITAN FOODS
INTERNATIONAL, THAI PRESERVED FOOD FACTORY, ACECOOK VIETNAM, BICH CHI FOOD
JOINT STOCK COMPANY, J.D. Food Products (Kin Dee), MTR Foods, NONGSHIM, Penang
Ah Lai White Curry Noodle, PT INDOFOOD SUKSES MAKMUR, Roland Foods, SA GIANG,
The Kraft Heinz Company, Trident, VIFON (VIETNAM FOOD INDUSTRIES JOINT STOCK
COMPANY), Win Chance Foods (Thasia), and Ying Yong Food Products., and
many more.
Market Driver
• Increasing demand for gluten-free products in APAC
• For a full, detailed list, view our report
• Increasing demand for gluten-free products in APAC
• For a full, detailed list, view our report
Market Challenge
• Increasing launches of other varieties of noodles in APAC
• For a full, detailed list, view our report
• Increasing launches of other varieties of noodles in APAC
• For a full, detailed list, view our report
Market Trend
• Variety of flavors available in rice noodles
• For a full, detailed list, view our report
• Variety of flavors available in rice noodles
• For a full, detailed list, view our report
Geographical Regions: USA, Europe, Japan, China,
India, Southeast Asia, South America, South Africa, Others.
Request for PDF of Report at https://www.absolutereports.com/enquiry/request-sample/11515176
What APAC Rice Noodles Market Research Offers:
· APAC Rice Noodles Industry gives assessments for the
regional level analysis with Production, Sales, Consumption, Imports, and
Exports
· APAC Rice Noodles industry provides manufacturers
with basic information, product category, sales revenue, price, and gross
margin (2012-2017)
· APAC Rice Noodles market estimates for a minimum of 4
years of all the declared segments
· Supply chain trends mapping the latest technological
advancements
· Global APAC Rice Noodles industry shares drivers,
constraints, opportunities, threats, challenges, investment opportunities
· Strategic for the new entrants in the APAC Rice
Noodles market
· Manufacturing process, suppliers, price, production
and consumption analysis, mode of transport and cost analysis, industry chain
analysis
· Company profiling with detailed strategies,
financials, and recent developments
Global
Trend Expected to Guide Rice Protein Market from 2017-2022: Growth Analysis by
Manufacturers, Regions, Type and Application
AUGUST
5, 2018
Rice Protein Market provides brief overview of the market focusing on
definitions, market segmentation, end-use applications and industry chain
analysis. This report studies Rice Protein Market by size (value & volume)
by manufacturers, type, application, and region. This report focuses on
the top manufacturers in different region.
Browse Detailed TOC, Tables,
Figures, Charts and Companies Mentioned in Rice Protein Market Research Report
at – https://www.marketreportsworld.com/10373430
The Top Players covered in this
report:
- Axiom Foods
- Shafi Gluco Chem
- AIDP
- Jiangxi Yiwanjia Organic Agricultural
- OPW Ingredients
- …
The global Rice Protein Market is
valued at xx million US$ in 2017 and is expected to reach xx million US$ by the
end of 2021, growing at a CAGR of xx.x % between 2018 and 2021.
The conclusions in this report
assist in deep understanding of the market inclinations along with assisting in
decision making with respect to geographical expansion, capacity expansions or
identifying new growth opportunities.
The Geographical area covered in
this report:
- United States
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
The Rice Protein market aspects in
the report have been obtained using by proven research methodologies and
assumptions. By using so, the research report serves as a repository of
analysis and information for every facet of the market, it is not limited to
Regional markets, technology, types, and applications. But also reliable for
Market segments and sub-segments Market trends and dynamics
On the basis of Application, the
market can be split into
-
- Healthcare Food
- Sports Nutrition
- Beverage
- Others
On the basis of type, the market
can be split into
-
- Healthcare Food
- Sports Nutrition
- Beverage
- Others
The basic information such as the
definition of the Rice Protein market, prevalent Rice Protein industry chain,
and the government regulations pertaining to the Rice Protein market are also
discussed in the report
Have any query? Ask our Experts at
– https://www.marketreportsworld.com/enquiry/pre-order-enquiry/10373430
Major Table of Contents of
Mentioned in the Report 2017-2021
- Executive Summary
- Company Overview
- Rice Protein Market Application
- Market Effect Factors Analysis
- Marketing Strategy Analysis,
Distributors/Traders
- Systems Sales Market Types
- Market Effect Factors Analysis
- Market and Forecast – By Country Wise (2017
– 2021)
- Market and Forecast – By End Users (2017 –
2021)
- Rice Protein – Driving Factors
- Methodology/Research Approach
The product range of the Rice
Protein market is considered on the basis of their production chain, Rice
Protein pricing of products, and the profit generated by them.
No of Pages: #RNOP
Price of Report: $ 3500 (Single User License)
Rice Milling Machinery Market Overview, Market by Type, by
Manufacturers, Regions, Industry Analysis and Forecast by 2022
Rice Milling Machinery Market
report 2017 includes a comprehensive in-depth detailed analysis of the present
state of the market. Rice Milling Machinery Market overview, which is the
beginning of the report, consists of various factors such as definitions,
applications, and classifications of the Rice Milling Machinery . Industry
chain structure, industry news analysis, and industry policy analysis are also
covered in the industry overview section of the market research report.
To understand Table of Content,
illustrative tables and figures request a sample report of Global Rice Milling
Machinery market report @ https://www.marketreportsworld.com/enquiry/request-sample/10308240
The Rice Milling Machinery Market
is valued at USD XX million in 2017 and is expected to reach USD XX million by
the end of 2021, growing at a CAGR of XX% between 2017 and 2021.
Regional analysis includes: – North America, Europe, China, Japan, Southeast Asia, India
IMPORTANT TOPICS: –
Rice Milling Machinery Market
Overview includes:
Product Overview and Scope of
Rice Milling Machinery , Rice Milling Machinery Segment by Type (Product
Category) and Application, Rice Milling Machinery Production and CAGR (%) and
Market Share (2012-2021), Rice Milling Machinery Market by Region (2012-2021),
Rice Milling Machinery Capacity, Production, Revenue Status and Outlook.
Rice Milling Machinery
Manufacturers Profiles/Analysis includes: Company Name, Company Basic Information, Manufacturing Base,
Sales Area and Its Competitors, Rice Milling Machinery Product Category,
Application and Specification.
Rice Milling Machinery Market
Forecast (2017-2021)
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Requirement? Ask our expert @ https://www.marketreportsworld.com/enquiry/pre-order-enquiry/10308240
Table of Contents: –
- Global Rice Milling Machinery Market
Research Report 2017
- Rice Milling Machinery Market Overview
- Global Rice Milling Machinery Market
Competition by Manufacturers
- Global Rice Milling Machinery Capacity,
Production, Revenue (Value) by Region (2012-2017)
- Global Rice Milling Machinery Supply
(Production), Consumption, Export, Import by Region (2012-2017)
- Global Production, Revenue (Value), Price
Trend by Type
- Global Market Analysis by Application
- Global Manufacturers Profiles/Analysis
- Rice Milling Machinery Manufacturing Cost
Analysis
- Industrial Chain, Sourcing Strategy and
Downstream Buyers
- Marketing Strategy Analysis,
Distributors/Traders
- Market Effect Factors Analysis
- Global Rice Milling Machinery Market
Forecast (2017-2021)
- Research Findings and Conclusion
Following queries are addressed
in the document Rice Milling Machinery Market Report 2017
- What is the expected industry size of Rice
Milling Machinery market in 2021?
- Expected rate of growth to reach the
potential?
- What are the major market trends?
- Major drivers for Rice Milling Machinery
market?
- Prominent distributors/suppliers Rice
Milling Machinery market?
- Upcoming challenges for Rice Milling
Machinery market?
Purchase the Rice Milling
Machinery Market Report at: https://www.marketreportsworld.com/purchase/10308240
With the list of tables and
figures the report provides key
statistics on the state of the industry and is a valuable source of guidance
and direction for companies and individuals interested in the market.
The Rice Milling Machinery
industry research report analyses Production, Sales and Revenue, Supply and
Consumption and other analysis along with in-depth
research. Several other factors such as import, export, gross margin, price,
cost, and consumption are also analysed under the section Analysis of Rice
Milling Machinery production, supply, sales and market status. In
the end, Rice Milling Machinery Market report is a treasured source for both
the individuals as well as the businesses as it provides detailed SWOT analysis
along with the new project investments feasibility study.
Rice Starch Market Growth Opportunities, Sales, Revenue, Consumptions,
Industry Analysis and Forecasts 2022
Rice Starch Market research report is a professional and in-depth study on the
current state also focuses on the major drivers and restraints for the key
players. Global Rice Starch Industry research report also provides granular
analysis of the market share, segmentation, revenue forecasts and geographic
regions of the market.
The Rice Starch Market Report is
a meticulous investigation of current scenario of the global market, which
covers several market dynamics. The Rice Starch market research report is a
resource, which provides current as well as upcoming technical and financial
details of the industry to 2021.
Rice Starch in Global market,
especially in North America, Europe and Asia-Pacific, South America, Middle
East and Africa. This report categorizes the market based on manufacturers,
regions, type and application. Rice Starch Industry analysis report speaks
about the manufacturing process, Type and Applications.
Top Key Manufacturers of Rice
Starch Market:
- BENEO
- Ingredion
- AGRANA
- Bangkok starch
- Thai Flour
- WFM Wholesome Foods
- Golden Agriculture
- Anhui Lianhe
- Anhui Le Huan Tian
Biotechnology
Request for Sample Report
at: https://www.marketreportsworld.com/enquiry/request-sample/10324254
Global Rice Starch market report
provides key statistics on the market status of the Rice Starch manufacturers
and is a valuable source of guidance and direction for companies and
individuals interested in the Rice Starch industry.
By Types:
- Cosmetic Grade
- Food Grade
- Pharmaceutical Grade
By Applications:
- Baked Goods & Bakery Fillings
- Confectionery Coatings & Liquorice
- Dairy Desserts & Yoghurt
- Dairy Fruit Preparations
- Body Powder
- Dry Shampoo
- Other
Geographical Regions of Rice
Starch Market:
- United States, EU, Japan, China, India,
Southeast Asia
Have any Query Regarding this
Report? Ask to Industry Expert @ https://www.marketreportsworld.com/enquiry/pre-order-enquiry/10324254
The report provides a basic
overview of the Rice Starch industry including definitions, segmentation,
applications, key vendors, market drivers and market challenges. The Rice
Starch Market analysis is provided for the international markets including
development trends, competitive landscape analysis, and key regions development
status
Through the statistical analysis,
the report depicts the global Rice Starch Industry including capacity,
production, production value, cost/profit, supply/demand and import/export. The
total market is further divided by company, by country, and by application/type
for the competitive landscape analysis.
Several of the important areas
covered in this market research report: – Rice Starch Market Competition by Manufacturers; Rice
Starch Production, Revenue (Value) by Region (2011-2017);
Market Supply (Production), Consumption, Export, Import by
Regions(2011-2017); Rice Starch Production, Revenue (Value),
Price Trend by Type; Market Analysis by Application; Rice Starch Manufacturers
Profiles/Analysis; Analysis of Rice Starch Manufacturing Cost, Industrial
Chain, Sourcing Strategy and Downstream Buyers, Marketing
Strategy Analysis, Distributors/Traders Market Effect Factors Analysis; Rice
Starch Market Forecast (2017-2021).
Along with this, SWOT analysis is also carried out.
Price of Report: $ 2900 (Single
User License)
Purchase report at: https://www.marketreportsworld.com/purchase/10324254
The report then estimates
2017-2021 market development trends of Rice Starch market. Analysis of upstream
raw materials, downstream demand, and current market dynamics is also carried
out. In the end, the report makes some important proposals for a new project of
Rice Starch market before evaluating its feasibility.
Rice Transplanter Machines Market to Set
Phenomenal Growth from 2018 to 2023
August
4, 2018
The study of the Rice
Transplanter Machines market by HTF MI provides the market size information and
market trends along with factors and parameters impacting it in both short- and
long-term. The study provides a 360° view and insights, outlining the key
outcomes of the industry. These insights help the business decision-makers to formulate
better business plans and make informed decisions for improved profitability.
In addition, the study helps venture capitalists in understanding the companies
better and make informed decisions. Some of the key players in the Rice
Transplanter Machines market are Yanmar, Iseki, Kubota, TYM, Jiangsu
World Agriculture Machinery, CLAAS, Shandong Fuerwo Agricultural Equipment,
Mitsubishi Mahindra Agricultural Machinery, Dongfeng Agricultural Machinery
& Changfa Agricultural Equipment.
Get the inside scoop of the
Sample report @: https://www.htfmarketreport.com/sample-report/1054211-global-rice-transplanter-machines-market-3
Key Points Covered in Rice
Transplanter Machines Market Report:
Global Rice Transplanter Machines Overview, Definition and Classification
Market drivers and barriers
Global Rice Transplanter Machines Market Competition by Manufacturers
Global Rice Transplanter Machines Capacity, Production, Revenue (Value) by Region (2018-2023)
Global Rice Transplanter Machines Supply (Production), Consumption, Export, Import by Region (2018-2023)
Global Rice Transplanter Machines Production, Revenue (Value), Price Trend by Type
Global Rice Transplanter Machines Market Analysis by Application
Global Rice Transplanter Machines Manufacturers Profiles/Analysis
Rice Transplanter Machines Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Standardization, regulatory and collaborative initiatives
Industry roadmap and value chain
Market Effect Factors Analysis …………..
Global Rice Transplanter Machines Overview, Definition and Classification
Market drivers and barriers
Global Rice Transplanter Machines Market Competition by Manufacturers
Global Rice Transplanter Machines Capacity, Production, Revenue (Value) by Region (2018-2023)
Global Rice Transplanter Machines Supply (Production), Consumption, Export, Import by Region (2018-2023)
Global Rice Transplanter Machines Production, Revenue (Value), Price Trend by Type
Global Rice Transplanter Machines Market Analysis by Application
Global Rice Transplanter Machines Manufacturers Profiles/Analysis
Rice Transplanter Machines Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Standardization, regulatory and collaborative initiatives
Industry roadmap and value chain
Market Effect Factors Analysis …………..
For more information or any query
mail at sales@htfmarketreport.com
Early buyers will receive 10% customization
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Market forecasts are provided for
each of the following submarkets, product-type and by application/end-user
categories:
By Product Types: Mechanical & Manual
By Application/ End-user: Commercial & Household
Regional Markets: North America, China, Europe, Southeast Asia, Japan & India
List of Companies Mentioned: Yanmar, Iseki, Kubota, TYM, Jiangsu World Agriculture Machinery, CLAAS, Shandong Fuerwo Agricultural Equipment, Mitsubishi Mahindra Agricultural Machinery, Dongfeng Agricultural Machinery & Changfa Agricultural Equipment
By Application/ End-user: Commercial & Household
Regional Markets: North America, China, Europe, Southeast Asia, Japan & India
List of Companies Mentioned: Yanmar, Iseki, Kubota, TYM, Jiangsu World Agriculture Machinery, CLAAS, Shandong Fuerwo Agricultural Equipment, Mitsubishi Mahindra Agricultural Machinery, Dongfeng Agricultural Machinery & Changfa Agricultural Equipment
Rice Transplanter Machines Market
Effect Factors Analysis chapter specifically concentrates on Technology
Progress/Risk, Substitutes Threat, Technology Progress in Related Industry,
Consumer Needs/Customer Preference Changes and Economic/Political Environmental
Changes that defines the growth factors of the Market.
The highest & slowest growing
market segments are outlined in the study to provide valuable insights of each
core element of the market. New market players are beginning to emerge and are
accelerating their transition in Rice Transplanter Machines Market. Merger and
acquisition activity forecast to change market landscape of this industry.
Any Query or Specific
Requirement? Ask to our Expert @ https://www.htfmarketreport.com/enquiry-before-buy/1054211-global-rice-transplanter-machines-market-3
The report comes with an
associated Excel datasheet suite covering quantitative data from all numeric
forecasts presented in the report
Research Methodology: The Rice Transplanter Machines market has been analyzed by
utilizing the optimum mix of secondary sources and benchmark methodology along
with an irreplaceable blend of primary insights. The real-time assessment of
the market is an integral part of our market sizing and forecasting
methodology. Our industry experts and panel of primary participants have helped
in compiling relevant aspects with realistic parametric estimations for a
comprehensive study.
What’s in the offering: The report provides detailed information about the usage
and adoption of Rice Transplanter Machines in various applications, types and
regions/country. With that, key stakeholders can find out the major trends,
drivers, investments, vertical player’s initiatives, government initiatives
toward the product adoption in the following years, along with the details of
commercial products available in the market. Moreover, the study provides
details about the major challenges that are going to have an impact on the
market growth. Additionally, the report gives complete details about the
business opportunities to key stakeholders to expand their business and capture
revenues in the specific verticals. The report will help companies interested
or established in this market to analyze the various aspects of this domain
before investing or expanding their business in the Rice Transplanter Machines
market
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you can also get individual chapter wise section or region wise report version
like North America, Europe or Asia.
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
Connect with us at
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Transplanting
Machines Market Growth Analysis, Demand by Regions, Application, Types and
Analysis of Key Players- Forecasts to 2023
August 6, 2018
Transplanting Machines Market Report Delivers an
in depth approximation of the succeeding technology, Key plans, Challenges,
Market drivers, Standardization, organizational scene, distributing fashions,
overtures, upcoming guide, admiration chain. The Transplanting Machines Market
file likewise shows estimation for assumptions until 2023. Global Transplanting
Machines marketplace promotes competition with the aid of pinnacle
producers/gamers, with deals extent, Worth (USD/Unit), revenue (Million USD),
Companies/Suppliers Profiles and Sales Statistics, Company Basic Information,
Manufacturing Base and Opponents and a part of the general industry for all
manufacturer/performer.
Besides estimating the
Transplanting Machines market potential, analyses on who can be the market
leaders and what partnerships would help them to capture the market share. The
report gives an overview about the dynamics of the market, by discussing
various aspects such as drivers, restraints, Porter’s 5 forces, value chain,
customer acceptance and investment scenario
It likewise indicates a complete
research of Global Transplanting Machines market competitive panorama,
marketplace drivers, demanding situations, key upgrades, propensities, destiny
regulations, strategies and well worth chain. From that point record offers a
specific synopsis of different development openings, innovative enterprise
strategies, product scope, advertise degree, improvement estimations,
marketplace income, current and up and coming change developers. Moreover,
Transplanting Machines file offers a point by using point profile of market
gamers which might be depended on upon to live dynamic among the belief.
Investigation Process consists of a business enterprise profile and financial
execution, overdue advancements, innovation offerings, product diagram and
enterprise tentative arrangements.
Get a Sample of Transplanting Machines Market in Global Research
Report at: https://www.marketreportsworld.com/enquiry/request-sample/11307376
Following are the Major Key Players of Transplanting Machines
Market:
John Deere
Great Plains
Kubota
Mechanical Transplanter
Ackerman
Holland Transplanter
Kennco Manufacturing
Big John Manufacturing
Whitfield Forestry Equipment
Yanmar
Checchi & Magli
Kukje Machinery
Egedal
Zhongji Southern Machinery
Great Plains
Kubota
Mechanical Transplanter
Ackerman
Holland Transplanter
Kennco Manufacturing
Big John Manufacturing
Whitfield Forestry Equipment
Yanmar
Checchi & Magli
Kukje Machinery
Egedal
Zhongji Southern Machinery
Following are the Applications of Transplanting Machines Market:
Rice Transplant
Vegetable Transplant
Tree Transplant
Tobacco Transplant
Fruit Transplant
Vegetable Transplant
Tree Transplant
Tobacco Transplant
Fruit Transplant
Following are the Types of Transplanting Machines Market:
Riding Type
Walking Type
Tractor Mounted
Walking Type
Tractor Mounted
Global Transplanting Machines Market Overview:
Global Transplanting Machines
Market by Type and Application
Global Transplanting Machines
Market Business Distribution by Region
Transplanting Machines Business
Profile
Top Consumer/End Users of
Transplanting Machines
Major Topics Covered in Transplanting Machines Industry Research
Report are as follows:
Marketing Strategy Analysis, Distributors/Traders
Marketing Channel
Direct Marketing
Indirect Marketing
Marketing Channel Development
Trend included in Transplanting Machines industry
Market Positioning
Pricing Strategy
Brand Strategy of Transplanting
Machines market
Target Client
Distributors/Traders List
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Market Effect Factors Analysis
Technology Progress/Risk
Substitutes Threat
Technology Progress in
Transplanting Machines Industry
Consumer Needs/Customer
Preference Change
Economic/Political Environmental
Change
Transplanting Machines Market in Global Forecast
Transplanting Machines Market in
Global Capacity, Production, Revenue Forecast
Transplanting Machines Market in
Global Production, Consumption Forecast by Regions
Transplanting Machines Market in
Global Production Forecast by Type
Transplanting Machines Market in
Global Consumption Forecast by Application
Transplanting Machines Price
Forecast
Key Points Covered in TOC:
Transplanting Machines Market in
Global Research Report
Transplanting Machines Market in
Global Competition by Manufacturers
Transplanting Machines Market in
Global Capacity, Production, Revenue (Value) by Region
Transplanting Machines Market in
Global Supply (Production), Consumption, Export, Import by Region
Transplanting Machines Market in
Global Production, Revenue (Value), Price Trend by Type
Transplanting Machines Market in
Global Analysis by Application
Transplanting Machines Market in
Global Manufacturers Profiles/Analysis
Transplanting Machines
Manufacturing Cost Analysis
Industrial Chain, Sourcing
Strategy and Downstream Buyers
Marketing Strategy Analysis,
Distributors/Traders
Market Effect Factors Analysis
Transplanting Machines Market in
Global Forecast
No. of Pages- 131
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Global Transplanting Machines Market Forecast 2023
Lastly, in this Transplanting
Machines Market analysis, traders and distributors analysis is given along with
contact details. For material and equipment suppliers also, contact details are
given. New investment feasibility analysis is included in the report.
The report covers the market
landscape and its growth prospects over the coming years, the Report also brief
deals with the product life cycle, comparing it to the relevant products from
across industries that had already been commercialized details the potential
for various applications, discussing about recent product innovations and gives
an overview on potential regional market shares.
Bright
prospects for rice exports
Officials see 10m tonnes shipped this year and next on robust
global demand
- 4 Aug
2018 at 07:00
- NEWSPAPER
SECTION: BUSINESS
| WRITER: PHUSADEE
ARUNMAS
Mr Adul cited a forecast by the US Department of Agriculture that global rice imports will increase to 49.5 million tonnes of milled rice next year from 48.67 million tonnes this year.Thai rice prices are also competitive in the world market, he said.
As of Aug 1, 2018, Thailand had exported 6.4 million tonnes, down 0.2% year-on-year, with an export values of US$3.26 billion, up 17.9%.
According to Mr Adul, department officials are scheduled to speak with Chinese counterparts to follow up on China's plan to buy an additional 1 million tonnes of rice this year as part of an investment package that includes the initial high-speed rail project and sales of 2 million tonnes of rice and 200,000 tonnes of rubber agreed earlier.
Thai officials and their Chinese counterparts signed a memorandum of understanding (MoU) in December 2014 for 1 million tonnes each of old and new grains, along with the 200,000 tonnes of rubber.
The MoU was part of the Sino-Thai high-speed rail deal.
Thailand has already signed a 1-million-tonne contract for delivery this year.
Since the May 2014 coup, 16.84 million tonnes of state rice stocks have been sold through auctions, fetching 145.86 billion baht.The government controls just 70,000 tonnes of state rice stocks now, all of it inedible. Of the total, 20,000 tonnes will be sold for animal feed and the remaining 50,000 tonnes is earmarked for ethanol or biomass production.The department's responsible officials are scheduled to call an auction for the remaining state rice stocks some time this month.
In a related development, Mr Adul said the Foreign Trade Department expects to be able to finalise the exact amount of state rice stocks accrued by previous governments before the National Council for Peace and Order (NCPO) assumed management.The State Audit Office, which was assigned by the Rice Policy and Management Committee as an independent unit to handle the audit of state rice stocks controlled by two key state agencies (the Public Warehouse Organisation and the Marketing Organisation for Farmers), reported on July 2, 2014 that the government controlled a total of 18.7 million tonnes.
But the audit committee established by the NCPO to check out the state rice stocks later found that the supply totalled just 17.76 million tonnes -- meaning about 940,000 tonnes of rice stocks went missing."By September, we expect to have a conclusion on whether the questionable 940,000 tonnes of state rice stocks is really missing or it's just a numerical error," Mr Adul said. "But we all can rest assured that there must be people to take responsibility if the conclusion is reached that such an amount of rice stocks is really missing."