Friday, November 28, 2014

27th November,2014 Daily Global Rice E-Newsletter by Riceplus Magazine

Rs 10 billion subsidy for basmati growers being announced in Punjab: minister

November 27, 2014
RECORDER REPORT
Punjab Agriculture Minister Dr Farrukh Javed has said that 10 billion rupees subsidy is being announced for Basmati rice growers keeping in view the downward trend in its prices. Growers will be given 5000 rupees per acre subsidy to help them meeting their losses. Dr Farrukh Javed disclosed this while talking to a delegation of growers here on Wednesday. He said that the government is continuing its pro-farmer policies. He said that growers had already been given a subsidy of 22 billion rupees in electricity prices and it would be continued.

He said growers would get subsidised rates of electricity at the rate of Rs 10.35 per unit. The Punjab government has also finalised an agreement with a German company to convert tube wells in the province on biogas and a pilot project will soon be initiated. The government will be bearing a subsidy of 200,000 rupees per tube well, the Minister added. The Minister claimed that present government had introduced farmer friendly policies and historic subsidy packages. He said that the province had a production of over 19.5 million tons last year owing to hard work of growers and co-operation of the government extended to them. He said some progressive growers achieved production up to 98 maund per acre establishing a new national record. He said the government had fixed new support price for wheat at Rs 1300 per maund to help the growers and shed the bad impact of low international wheat prices on local market.

He said government had fixed urea fertilizer bag at Rs 1765 per bag and its availability on this rate is being ensured. He said that the government had also increased the research funds for agricultural sector by 200 percent and it would continue to introduce more lucrative packages as per available resources to facilitate the farmers. 

 

Filipino farmers protest government research on genetically modified rice

IPS Thursday 27 November 2014
Jon Sarmiento, a farmer in the Cavite province in southern Manila, plants a variety of fruits and vegetables, but his main crop, rice, is under threat. He claims that approval by the Philippine government of the genetically modified ‘golden rice’ that is fortified with beta-carotene, which the body converts into vitamin A, could ruin his livelihood.Sarmiento, who is also the sustainable agriculture programme officer of PAKISAMA, a national movement of farmers’ organisations, told IPS, “Genetically modified rice will not address the lack of vitamin A, as there are already many other sources of this nutrient. It will worsen hunger. It will also kill diversification and contaminate other crops.”Sarmiento aired his sentiments during a protest activity last week in front of the Bureau of Plant Industry (BPI), an office under the Department of Agriculture, during which farmers unfurled a huge canvas depicting a three-dimensional illustration of the Banaue Rice Terraces in Ifugao province in the northern part of the Philippines.
Considered by Filipinos as the eighth wonder of the world, the 2,000-year-old Ifugao Rice Terraces represent the country’s rich rice heritage, which some say will be at stake once the golden rice is approved.The protesting farmers also delivered to the BPI, which is responsible for the development of plant industries and crop production and protection, an ‘extraordinary opposition’ petition against any extension, renewal or issuance of a new bio-safety permit for further field testing, feeding trials or commercialisation of golden rice.“We challenge the government to walk the talk and ‘Be RICEponsible’,” Sarmiento said, echoing the theme of a national advocacy campaign aimed at cultivating rice self-sufficiency in the Philippines.
Currently, this Southeast Asian nation of 100 million people is the eighth largest rice producer in the world, accounting for 2.8 percent of global rice production, according to the Food and Agriculture Organisation of the United Nations (FAO).But it was also the world’s largest rice importer in 2010, largely because the Philippines’ area of harvested rice is very small compared with other major rice-producing countries in Asia.In addition to lacking sufficient land resources to produce its total rice requirement, the Philippines is devastated by at least 20 typhoons every year that destroy crops, the FAO said.However, insufficient output is not the only thing driving research and development on rice.
A far greater concern for scientists and policy-makers is turning the staple food into a greater source of nutrition for the population. The government and independent research institutes are particularly concerned about nutrition deficiencies that cause malnutrition, especially among poorer communities.According to the Philippines-based International Rice Research Institute (IRRI), “Vitamin A deficiency remains a public health problem in the country, affecting more than 1.7 million children under the age of five and 500,000 pregnant and nursing women.”The vast majority of those affected live in remote areas, cut off from access to government nutrition programmes.
The IRRI estimates that guaranteeing these isolated communities sufficient doses of vitamin A could reduce child mortality here by 23-34 percent.Such thinking has provided the impetus for continued research and development on genetically modified rice, despite numerous protests including a highly publicised incident in August last year in which hundreds of activists entered a government test field and uprooted saplings of the controversial golden rice crop.While scientists forge ahead with their tests, protests appear to be heating up, spurred on by a growing global movement against GMOs.
Last week’s public action – which received support from Greenpeace Southeast Asia and included farmers’ groups, organic traders and consumers, mothers and environmentalists – denounced the government’s continuing research on golden rice and field testing, as well as the distribution and cropping of genetically-modified corn and eggplant.Monica Geaga, another protesting farmer who is from the group SARILAYA, an organisation of female organic farmers from the rice-producing provinces in the main island of Luzon, said women suffer multiple burdens when crops are subjected to genetic modification.“It is a form of harassment and violence against women who are not just farmers but are also consumers and mothers who manage households and the health and nutrition of their families,” she told IPS.Geaga said she believes that if plants are altered from their natural state, they release toxins that are harmful to human health.
Protestors urged the government to shield the country’s rice varieties from contamination by genetically modified organisms (GMOs) and instead channel the money for rice research into protecting the country’s biodiversity and rich cultural heritage while ensuring ecological agricultural balance.Though there is a dearth of hard data on how much the Philippine government has spent on GMO research, the Biotechnology Coalition of the Philippines estimates that the government and its multinational partner companies have spent an estimated 2.6 million dollars developing GM corn alone.
Furthermore, activists and scientists say GMOs violate the National Organic Law that supports the propagation of rice varieties that already possess multi-nutrients such as carbohydrates, minerals, fibre, and potassium, according to the Philippines’ National Nutrition Council (NNC).The NNC also said other rice varieties traditionally produced in the Philippines such as brown, red, and purple rice contain these nutrients.
Danilo Ocampo, ecological agriculture campaigner for Greenpeace Philippines, said the “flawed regulatory system” in the BPI, the sole government agency in charge of GMO approvals, “has led to approvals of all GMO applications without regard to their long-term impact on the environment and human health.
”“The problem with the current regulatory system is that there is no administrative remedy available to farmers once contamination happens. It is also frustrating that consumers and the larger populace are not given the chance to participate in GM regulation,” said Ocampo.“It is high time that we exercise our right to participate and be part of a regulatory system that affects our food, our health and our future,” he asserted.
Greenpeace explained in statements released to the media that aside from the lack of scientific consensus on the safety of GMOs on human health and the environment, they also threaten the country’s rich biodiversity.Greenpeace Philippines said genetically modified crops such as corn or rice contain built-in pesticides that can be toxic, and their ability to cross-breed and cross-pollinate other natural crops can happen in an open environment, which cannot be contained.Last week saw farmer activists in other cities in the Philippines stage protest actions that called on the government to protect the country’s diverse varieties of rice and crops and stop GMO research and field-testing.
In Davao City south of Manila, stakeholders held the 11th National Organic Agriculture Congress. In Cebu City, also south of Manila, farmers protested the contamination of corn, their second staple food, and gathered petitions supporting the call against the commercial approval of golden rice.

Consumer Reports: Why rice & kids might not mix

By Jim Niedelman Published: Nov 26, 2014 at 1:22 PM PST Last Updated: Nov 26, 2014 at 5:49 PM PST
CONSUMER REPORTS -- Consumer Reports issued new guidelines for limits on how much rice you and your children should eat. Consumer Reports analyzed Food and Drug Administration data on more than 600 foods that contain rice and found some with worrisome levels of inorganic arsenic, which is linked to several types of cancer. The Food and Drug Administration recommends parents consider other options rather than rice cereal for their children’s first solid food.
Consumer Reports’ analysis found that hot rice cereal and rice pasta can have much more arsenic than its lab saw in previous tests. Consumer Reports now recommends that children rarely eat these foods, which means not more than twice a month. And Consumer Reports recommends children under five limit rice drinks, rice cakes and ready-to-eat rice cereals. Levels of arsenic vary. Consumer Reports based its recommendations on the higher levels in each food group to offer consumers the best protection. 

As for rice itself, Consumer Reports’ lab tests in 2012 found high levels of inorganic arsenic in white rice and even higher levels in brown rice. Consumer Reports tested other types of rice and other grains and found several alternatives with much lower levels of inorganic arsenic. Some good choices — sushi rice from the U.S. and white basmati rice from California, India and Pakistan. On average they had half the amount of arsenic as most other types of rice. And brown basmati rice from California, India and Pakistan has about one third less inorganic arsenic than other brown rice. Other good options — bulgur, barley and faro, as well as gluten-free grains like amaranth, buckwheat, millet and quinoa.

 In response to Consumer Reports’ investigation, the USA Rice Federation issued this statement: “Research conducted by the Food and Drug Administration and U.S. rice industry shows arsenic levels found in U.S.-grown rice are below safe maximum levels established this year by the World Health Organization. Studies show that including white or brown rice in the diet provides measureable health benefits that outweigh the potential risks associated with exposure to trace levels of arsenic. The U.S. rice industry is committed to growing a safe and healthy product; we continuously test our crop, and research ways of reducing the already low levels of arsenic found in rice even further.

The Food & Drug Administration issued this statement: The FDA’s ongoing assessment of arsenic in rice remains a priority for the agency. Last year, the FDA released what we believe to be the largest set of test results to date on the presence of arsenic in rice and rice products, and we are planning to release a draft assessment of the potential health risks associated with the consumption of arsenic in these same foods. Until that review is completed, the agency continues to recommend that consumers, including pregnant women, eat a well-balanced diet containing a variety of grains.

Parents should feed infants and toddlers a variety of grains as well, and consider options other than rice cereal for a child’s first solid food. Published studies and ongoing FDA research indicate that cooking rice in excess volumes of water – five to six times that of the rice – and draining the water can reduce the arsenic content, though it may also reduce the nutritional value of the rice.

KIMA News

The Best Thing I Ate Last Week was also The Most Exotic Thing I Ate Last Week

Nepal native Lama Salam Singh brings out a platter at Yak: The Kathmandu Kitchen restaurant in Mobile, Ala. (Mike Brantley/mbrantley@al.com)
Mike Brantley | mbrantley@al.com

on November 27, 2014 at 2:00 AM


You won't hear me say this very much, but The Best Thing I Ate Last Week also turned out to be The Most Exotic Thing I Ate Last Week.I was invited to pay a visit to one of Mobile's most memorable, fun restaurants, Yak: The Kathmandu Kitchen. The occasion was to take a culinary tour of owner Lama Salam Singh's native Nepal and to find out what all the fuss was about.This tiny, storefront eatery is all the buzz among certain segments of the Port City's food culture. I was also there to do the prep work for a preview story on the Mobile International Festival so being the intrepid working boy that I am, I decided to kill two birds with one stone.Singh is a very amiable, friendly sort who loves talking about his native land, but he also never tires about talking about his adopted hometown - Mobile. He came to Coastal Alabama several years ago where he enrolled as a student at the University of South Alabama. 

He liked it so much he decided to say and open a restaurant that featured cuisine of Nepal and India."I come from a very, very large family and food is a big part of our culture,'' he said. "I wanted to bring some of the taste of my country to Mobile," he added.The cuisine is reminiscent of Chinese, only different. The flavor patterns are different and Nepali cuisine, Singh explained, doesn't use sweet or soy sauce. The dipping sauces are rich and piquant; my favorite was a tomato-based sauce that went really well with steamed dumplings.My best advice is to go and enjoy the daily buffet that offers a large cross-section of Nepali cuisine. If you have any questions, the friendly wait staff is delighted to offer assistance and answer any questions you have.Take my word for it, a visit to Yak: The Kathmandu Kitchen will be The Best Thing You Ate Last Week.

Yak: The Kathmandu Kitchen

Owner: Lama Salam Singh

Menu: It is dedicated to serving the authentic cuisine native to Nepal and India. The dishes are very fresh and much lighter than you would think. The dishes have exotic names like MoMo Chicken (which is really dumplings) and Nepalese Non-Veg Thali (an arrangement of dishes highlighted by chicken curry, salad, piquant fermented mustard greens, mixed, lentils, basmati rice and some tasty rice pudding for dessert.)

Atmosphere: Small and intimate. The decorations are authentic Nepali and Indian and are guaranteed to start many a conversation.

Cost:Very reasonable. The MoMo Chicken is $6.95 for eight dumplings and the Nepalese Non-Veg Thali is $12.95, but it's plenty big enough to share.

Owner Lama Salam Singh's parting words: "Sharing food is part of our culture. It makes me happy to see people eating authentic Nepali food."

David's parting words:  Yak: The Kathmandu Kitchen is a truly unique culinary experience. It's not like anything else you'll find anywhere in Coastal Alabama. The staff is very friendly and helpful; trust me, I had a lot of questions. I encourage you to drop by for lunch or dinner and see what I'm talking about. And I encourage you to sample a lot of the cuisine by sampling the goods laid out at the large buffet. And like I said, don't be afraid to ask questions; you won't be sorry.
Source with thanks: al.com

Procurement Begins on Dull Note


By Express News Service
Published: 27th November 2014 06:06 AM
Last Updated: 27th November 2014 06:06 AM
SAMBALPUR: Even as paddy procurement in the district began on a dull note on Monday with farmers returning from market yards without selling their stock, the district administration is hopeful of streamlining the process in the next couple of days. Apparently, 21 paddy-laden trucks had to be returned from the market yards as no milling agents turned up to lift the stock. The situation was similar on Tuesday.Admitting to the initial hiccups, Collector Balwant Singh said the problems are being sorted out.Kharif paddy will be procured this time through 49 market yards and procurement centres to be opened under Sambalpur, Kuchinda and Rairakhol sub-divisions.
 Agencies like FCI, Markfed and Nafed besides, 46 primary agricultural cooperative societies (PACs) are participating in the procurement process.Sources said the agreement with rice millers who are to be roped in for custom milling of paddy, is yet to be finalised, which has kept the millers away from the market yards on the first and the second day. The Collector said 20 more rice millers will be roped in to expedite the procurement. Besides, unlike last year when procurement was done for 60 days, it has been extended to 90 days this year. The administration has prepared a database of farmers who will have to produce their  identity card to sell their stock. The procurement target too has been enhanced.
Paddy-laden vehicles at a market yard in Sambalpur I Express Photo
http://www.newindianexpress.com/states/odisha/2014/11/27/Procurement-Begins-on-Dull-Note/article2543325.ece

Burirum kicks off rice grain market weekly
Date : 27 พฤศจิกายน 2557

BURIRUM, 27 Nov 2014, (NNT), - The Internal Trade Office in Burirum Province has organized a weekly market buying paddy at higher prices than those currently offered in the market, with an aim to help ease the burden of local farmers. The project is a joint efforts of the province’s Internal Trade Office, Krasang Agriculture Cooperatives Ltd., and a group of rice millers in the Central region.

The weekly market is paying up to 13,400 baht for a ton of paddy, depending on the moisture content and quality of the grains. The price is considerably higher than that currently offered in the general market, which is in the range of 10-11 baht per kg., or between 11,000 and 11,000 baht a ton. The market is meant to be an alternative for local farmers, as unscrupulous middlemen and rice millers have reportedly been taking advantage of them by offering to buy grains at much lower prices. More than 100 rice farmers so far have expressed their interests in selling their crops to the market. According to the Provincial Internal Trade Office, the project provides a fair distribution channel for the farmers, adding that it plans to hold the market in 5 districts, which are Krasang, Kumuang, Nong Hong, Calermphrakiate and Muang Districts.


Pakistan exports Rs 201b goods in October

LAHORE: Pakistan has exported items worth Rs 201.076 billion in October that is 1.58 percent more than the corresponding period of last fiscal year, while imports into Pakistan during October 2014 remained Rs 438.369 billion that is 25.80 percent than the same period of last year.According to available data, Pakistan’s exports during October of the current fiscal year remained Rs 201.076 billion that is 9.90 percent less than the exports of September worth 223.172 billion. On the other hand, exports from Pakistan grew 1.58 percent as compared to Rs 197.940 billion exports in the same period of previous fiscal year.Exports during July-October 2014 totalled Rs 804.356 billion against Rs 888.025 billion during the corresponding period of last year showing a decrease of 9.42 percent.

Main exported goods during October were knitwear, cotton cloth, garments, bed wear, cotton yarn, rice, towels, made-up articles and cement.Knit wear export showed 5.44 percent decline during October 2014 as compared to September 2014, cotton cloth downed 9.56 percent, bed wear 13.07 percent, basmati rice declined 11.24 percent and cement export decreased 21.17 percent.Exports of garments and rice increased 10.66 percent and 35.48 percent respectively in October 2014 as compared to the exports of September 2014.Imports into Pakistan during October 2014 remained Rs 438.36 billion against Rs 466.77 billion in September 2014 and Rs 348.471 billion during October 2013 showing a decrease of 6.09% over September 2014 but an increase of 25.80 over October 2013.

On the other hand, imports during July-October 2014 totalled Rs 1.69 trillion against Rs 1.49 trillion during the corresponding period of last year showing an increase of 13.08%.Main imported commodities during October 2014 were petroleum products, palm oil, medical products, plastic materials, iron and steel, aircraft, ships and boats, electrical machinery, power generating machinery and fertilisers.
The increase recorded in main commodities imported during October 2014 over September 2014 are medical products that showed 126.82 percent growth, plastic material 0.43 percent, aircraft, ships and boats 26.58 percent, electrical machinery 19.34 percent and fertilisers grew 0.22 percent.Import of petroleum products decreased 7.93 percent, petroleum crude 9.01 percent, palm oil 11.54 percent, iron and steel 18.53 percent and power generating machinery 14.31 percent during October 2014 as compared to September 2014.



Farmers get relief from rice diseases in 2014


11/26/2014 02:57 PM
Disease in rice was not as big of a problem in 2014 for most growers as in previous years. LSU AgCenter plant pathologist Don Groth said, “With as much rain as we had, sheath blight wasn’t as bad as it could have been," The cold winter of 2013-14 could have played a role in the low incidence of disease, Groth said, but the mild disease year can also be  attributed to the direct result of breeding efforts that have selected for disease resistance.That selection took place through several years.
 Groth said, “We have a lot fewer very susceptible and susceptible lines in our nurseries, and resistance is being increased in the breeding process."  He siad current high yields would not be possible without disease resistance.Bacterial panicle blight wasn’t bad in 2014, Groth said, because temperatures were moderate, and blast was not found until late in the  growing season.  Blast resistance in variety development was increased with the bad outbreak of the disease in 2012, and that eliminated  many blast-susceptible lines.Out of the almost 800 advanced lines he evaluated for the disease in 2014, Groth said, only four or five showed signs of severe blast.
Many of the lines susceptible to Cercospora have also been eliminated. Groth suspects many farmers are spraying for that disease, even  though it may be unnecessary.Groth said, "It’s likely that fungicide-resistant sheath blight is continuing its spread in south Louisiana But we have the tools to manage it.” The main line of defense, Sercadis, should be applied at 6.8 ounces an acre because the lower rate of 4.5 ounces does not last long  enough, Groth said. Convoy fungicide also had good activity against both the wild and resistant sheath blight fungi.Groth tested six new fungicides in 2014, and he expects that two could be available by 2015 or 2016. Groth said, "Some of them look really good but the new fungicides only have activity against sheath blight. We really don’t have any new products for blast, and that has me worried.
" A generic version of Quadris Equation will be available in 2015 because the patent on azoxystrobin, the active ingredient, has expired.Groth will start a study in 2015 to look at the benefit of fungicide use on currently available, moderately susceptible varieties compared  with not spraying any of the products.Groth said, “There is a question if early-planted moderately-susceptible rice varieties need to be sprayed. Somewhere along the line, we  need to cut costs in rice production, and fungicide use is one possible area.”Research on rice diseases is supported by funds provided through the rice checkoff program.Director of the Rice Research Station Steve Linscombe said, “This program has paid excellent dividends for 40 plus years and will continue to help the rice industry in the future."
Copyright 2014 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.



Bangladesh farmers turn back the clock to combat climate stresses

BY SYFUL ISLAM
Wed Nov 26, 2014 7:52am EST
DHAKA, Bangladesh, Nov 26 (Thomson Reuters Foundation) - I ndigenous varieties of rice are making a comeback in Bangladesh as farmers abandon high-yielding hybrid rice in favour of more resilient varieties that can cope with more extreme climate conditions, researchers say.
About 20 percent of the rice fields planted in the low-lying South Asian nation now contain indigenous varieties that can stand up to drought, flooding or other stresses, said Jiban Krishna, director general of the Bangladesh Rice Research Institute.At its peak, high yielding varieties of rice are accounted for 90 percent of total rice grown in Bangladesh."In places where newly invented varieties fail to cope with stresses, farmers cultivate local varieties," Krishna told the Thomson Reuters Foundation in an interview.Bangladesh's government first introduced high-yielding rice in the 1960s, in an effort to promote food security and meet rising demand, Krishna said. Over time, most farmers adopted the new varieties, which brought in higher incomes.But in recent years, as climate change has brought more irregular rainfall - including worsening floods and droughts - farmers have had more difficulty producing consistent crops of high-yielding varieties.
That has led to a growing share of farmers returning to more resilient varieties capable of coping with the extreme conditions, or planting both old and new varieties side by side.The switch back to traditional varieties has happened with the help of non-governmental organisations that have reintroduced the varieties in an effort to protect "heritage" species and help farmers cope with adverse weather conditions , Krishna said.In C'Nababaganj district, for instance, the Bangladesh Resource Centre for Indigenous Knowledge has helped farmers return to planting varieties that had almost vanished.'Saika' rice, for instance, ripens in just 60 days - well short of the 90 to 110 days needed by hybrid varieties used in the area - and 'Sashi Mohon' needs hugely less water, said Pavel Partha, coordinator of the centre's food security programme.
CHANGE IN GOVERNMENT POLICY

The government previously never promoted such varieties, considering them too low-yielding, he said. But in the face of growing climate impacts, it is now actively encouraging their cultivation as part of efforts to help farmers adapt to climate change, Partha said.Farmers say returning to the old varieties has been a big help in ensuring they get a harvest each season.

"Cultivation in this area is facing immense trouble due to low and irregular rainfall. Even cultivation of rain-fed Aman (rice) is now totally dependent on irrigation which raises production costs," said Hasan Ali, a farmer in Barandra village."In this situation we have brought in these indigenous aromatic varieties which are tolerant to many stresses," he said.Another farmer, Anisur Rahman, said cultivation of the old varieties is expanding in part because they need almost no chemical fertiliser or pesticides - which makes them cheaper and easier to grow - and because their yields are good in tough conditions.Abdus Sattar Hiru, a farmer in Traltalia village in Tangail district agreed that the 'Afsara' traditional rice he is now cultivating has brought in consistently good crops.

"The variety (grows over a) short duration and can be cultivated once the rainy season is over and water starts receding. In that period, modern or high yielding varieties can't be cultivated but this local variety can," he said.Returning to 'Afsara' rice has also allowed him to bring back into production land previously left barren because high-yielding rice varieties did not grow there, he said.
(Reporting By Syful Islam; editing by Laurie Goering)

Should We Be Alarmed That There’s Still Arsenic in Rice?

Consumer Reports recently released strict guidelines on foods that contain the known carcinogen.



Thursday, November 27, 2014

27th November,2014 Daily Exclusive ORYZA E-Newsletter by Riceplus Magazine

Italy Paddy Production Fell 4% in 2014 Due to Adverse Weather

Nov 26, 2014
More rice paddy acreage and reduced paddy yield, due to cold and damp weather; this is the final result of Italian crop year 2014. Ente Nazionale Risi, the National Agency for Rice, in its annual report on Italian production reports that the total 2014 paddy harvest reached 1,372,878 tons, down about -4% from 1,426,789 tons one year ago. In 2014, total planted area was 219,534 hectares, up +1.3% compared to 216,019 hectares in 2013.

The cold and very rainy summer deeply influenced the yields, varying from 6.8 tons per hectare for round varieties to 4.7 tons per hectare for medium ones with an average yield of about 6.3 tons per hectare.Medium grain paddy production totaled 33,183 tons (+27% y/y) despite low yields; Long A for parboiling and for risotto reached 616,594 tons (yield at 5.9 tons per hectare), up +19% from 2013 production. There was a big decrease for Indica varieties: Long B dropped to 364,968 tons, down -26% from 2013 (yield at 6.6 tons per hectare). Round grain paddy fell to 358,132 tons, down  -7% y/y (yield at 6.8 tons per hectare).

As for Italian rice exports to EU countries, they reached 524,000 tons in September 2014, down 5.6% y/y. Meanwhile Italian rice exports outside EU almost doubled at 28,933 tons in September (up +83%). Rice imports into Italy were firm at 9,505 tons in September (down -7.3% y/y).

Bangladesh Rice Farmers Give Up High-Yielding Hybrid Varieties for Climate Smart Ones

Nov 26, 2014

Bangladesh rice farmers are abandoning high-yielding hybrid rice varieties and are adopting old traditional rice varieties, which are more resilient to climate changes such as floods and drought, according to Reuters. 

According to the Director General of the Bangladesh Rice Research Institute (BRRI), nearly 20% of rice fields in the southern part of the country are replaced with indigenous rice varieties that can withstand drought, flooding and other stresses.
Since 1960s, when the Bangladesh government introduced high-yielding hybrid rice varieties, farmers have adopted them with an intention to increase yields and income. However, these high-yielding varieties are not able to withstand extreme climatic conditions like  irregular rainfall, floods and droughts, and farmers have been facing decline in incomes.

In this backdrop, they again started using old traditional varieties, which they say are more adaptable to climatic vagaries. Some of them are using both side by side. Several non-governmental organizations encouraged farmers to readopt old traditional varieties to cope with adverse climate conditions as well as o protect "heritage" species. Such an initiation by farmers has helped the return of some varieties, which had almost vanished. 'Saika' and 'Sashi Mohon' are two such varieties.
The government, which had previously encouraged the use of high-yielding hybrid varieties is now promoting the use of old traditional varieties to help farmers cope with climate changes. Farmers also feel these varieties are more easy to grow as they need lesser amounts of fertilizers and pesticides and produce decent yields in unpredictable conditions as well. They see them as minimum guarantee varieties. 



Global Rice Quotes
November 26th, 2014

Long grain white rice - high quality
Thailand 100% B grade          420-430           ↔
Vietnam 5% broken    385-395           ↓
India 5% broken         390-400           ↓
Pakistan 5% broken    380-390           ↔
Cambodia 5% broken             455-465           ↔
U.S. 4% broken           540-550           ↔
Uruguay 5% broken    595-605           ↔
Argentina 5% broken 595-605           ↔

Long grain white rice - low quality
Thailand 25% broken NQ      ↔
Vietnam 25% broken 350-360           ↔
Pakistan 25% broken 335-345           ↔
Cambodia 25% broken           NQ      ↔
India 25% broken       355-365           ↓
U.S. 15% broken         515-525           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd            405-415           ↔
Pakistan parboiled 5% broken stxd    420-430           ↔
India parboiled 5% broken stxd         375-385           ↓
U.S. parboiled 4% broken       580-590           ↔
Brazil parboiled 5% broken    570-580           ↔
Uruguay parboiled 5% broken            NQ      ↔
Long grain fragrant rice
Thailand Hommali 92%          865-875           ↔
Vietnam Jasmine         525-535           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Malis             835-845           ↔

Brokens
Thailand A1 Super      330-340           ↔
Vietnam 100% broken            325-335           ↑
Pakistan 100% broken stxd    305-315           ↔
Cambodia A1 Super   NQ      ↔
India 100% Broken stxd         300-310           ↓
Egypt medium grain brokens NQ      ↔
U.S. pet food 445-455           ↔
Brazil half grain          NQ      ↔
All prices USD per ton, FOB vessel, oryza.com

Oryza Afternoon Recap – Chicago Rough Rice Futures Continue to Drift Lower on Reduced Trade Volume and Silent Cash Market

Nov 25, 2014

Chicago rough rice futures for Jan delivery settled 7.5 cents per cwt (about $2 per ton) lower at $12.370 per cwt (about $273 per ton). Rough rice futures traded lower again today, as the market continues to suffer from a lack of interest likely due to the shortened holiday week. Little is expected in the way of trade volume over the rest of the week, a fact that could trigger price swings in either direction but will likely provide little in the way of technical or fundamental significance for future trading direction.
The other grains rallied today; Soybeans closed about 1.7% higher at $10.5100 per bushel; wheat finished about 1.7% higher at $5.5150 per bushel, and corn finished the day about 1.8% higher at $3.7425 per bushel. U.S. stocks rose on Tuesday, with the S&P 500 hitting another peak, as data had the economy growing more than previously forecast in the third quarter, mostly offsetting an unexpected drop in consumer confidence in November. The energy sector weighed on the broad market, with oil prices on the decline two days ahead of an OPEC meeting that has investors considering prospects for the first reduction in production quotas since 2008. Crude erased initial Tuesday gains after the head of Russia's state oil producer said a drop below $60 a barrel would not mean Russia would have to ease its output. Crude-oil futures were lately down $1.01, or 1.3%, at $74.77 a barrel on the New York Mercantile Exchange.

Already modestly higher, stock futures furthered their gains after the Commerce Department reported gross domestic product climbed at a 3.9 percent annualized rate, up from an initial 3.5% estimate. Separately, a gauge of home prices in 20 cities climbed at a reduced pace in September. After fluctuating on either side of neutral, the Dow Jones Industrial Average was up 24.53 points, or 0.1%, at 17,842.43. After setting another intraday record, the S&P 500 was lately up 1.01 point at 2,070.42, with industrials the best performing and energy hardest hit among its 10 major sectors. The Nasdaq.added 3.15 points, or 0.1%, to 4,758.05. Gold is trading about 0.1% higher, crude oil is seen trading about 2% lower, and the U.S. dollar is seen trading about 0.3% lower at about  1:00pm Chicago time.Monday, there were 413 contracts traded, up from 253 contracts traded on Friday. Open interest – the number of contracts outstanding – on Monday decreased by 29 contracts to 9,654.


Oryza Afternoon Recap - Chicago Rough Rice Futures Fail to Maintain Early Session Gains as Selling Pressure Picks up During Afternoon Trading

Nov 26, 2014
Chicago rough rice futures for Jan delivery settled 9 cents per cwt (about $2 per ton) lower at $12.280 per cwt (about $271 per ton). The other grains closed mostly higher today; Soybeans closed about 0.4% lower at $10.4700 per bushel; wheat finished about 1.9% higher at $5.6200 per bushel, and corn finished the day about 1.1% higher at $3.7825 per bushel.U.S. stocks fluctuated on Wednesday, with benchmarks not far from record highs, as investors considered reports on manufacturing and housing in assessing the strength of the U.S. economy. With the price of oil trading at four-year lows, the energy sector continued its recent downward trend. The government reported orders for durable goods rose in October, while a separate report had applications for unemployment benefits rising by 21,000 to 313,000 last week.
 Consumer spending rose 0.2% last month after holding steady in September, while a gauge of business activity in the Chicago area came in below expectations. The Dow Jones Industrial Average shed 9.14 points, or 0.1%, to 17,805.77. The S&P 500 added 3.27 points, or 0.2%, to 2,070.30, with telecommunications the strongest performer and energy hardest hit among its 10 major sectors. The Nasdaq gained 21.99 points, or 0.5%, to 4,780.24. The U.S. market is closed Thursday for the Thanksgiving holiday. Gold is trading about 0.1% lower, crude oil is seen trading about 0.5% lower, and the U.S. dollar is seen trading about 0.3% lower at about  1:00pm Chicago time.Tuesday, there were 429 contracts traded, up from 413 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday deceased by 32 contracts to 9,622.


Oryza U.S. Rough Rice Recap - Muted Market as Participants Get Head Start on Thanksgiving Holiday

Nov 26, 2014
The U.S. cash market was muted today as many in the industry took off early to get a head start on the holiday weekend. Cash prices were slightly weaker falling again in sympathy with the futures market; however, the trade was extremely limited.
In other news, it was reported that the U.S. did not offer on the latest Iraqi tender; however, the IGB did receive offers from Thailand, Vietnam, Uruguay, and India.Analysts contend that the tender required shipment within 21 days of opening a letter of credit and that the U.S. would not have been able to ship the rice in the time frame required.

Oryza Overnight Recap - Chicago Rough Rice Futures Shed a Couple Cents Overnight ahead of Mid-week Holiday Break

Nov 26, 2014
Chicago rough rice futures for Jan delivery are currently paused 2 cents per cwt (about $0.44 per ton) lower at $12.350 per cwt (about $272 per ton) ahead of floor trading in Chicago. The other grains are seen mixed: soybeans are currently seen about 0.2% lower, wheat is listed about 0.9% higher and corn is noted about 0.5% higher. U.S. stocks looked set to open flat to slightly lower on Wednesday as futures digested higher jobless claims and other weak economic data.
Market sentiment has been boosted by the upgrade to third-quarter GDP growth published on Tuesday. The figure was revised up to an annualized 3.9% from 3.5% and offset a separate report showing an unexpected drop in consumer confidence in November. Durable goods orders fell for the second straight month in October as expected from a further decline in aircraft orders at Boeing. Initial jobless claims rose back above 300,000 last week. There will be two housing indicators out on Wednesday.
 The weekly MBA Mortgage Index showed a drop in application numbers. Later in the morning home sales for October will be reported. In addition, there will be the Chicago purchasing managers' index (PMI) and the final Michigan sentiment survey. U.S. stock-index futures are currently seen about 0.1% lower. Gold is currently trading a touch lower, crude oil is seen trading about 0.6% lower,  and the U.S. dollar is currently trading about 0.2% lower at 8:10am Chicago time.

Thai Government Issues $1.5 Billion Worth Bonds to Cover Losses from Rice Pledging Schemes

Nov 26, 2014

The Thai government has issued bonds worth 50 billion baht (around $1.5 billion) to financial institutions to help it pay back debts associated with the rice pledging schemes introduced by various governments, according to local sources. The government floated the bonds through the Bank of Agriculture and Agricultural Cooperatives (BAAC) today. The Deputy Finance Minister was quoted as saying that the government is bent upon clearing rice debts as early as possible. He added that the bond issue was well-received by most of the non-banking institutions. The bonds issued by the BAAC are fully guaranteed by the government.
The BAAC will issue bonds in two tranches. In the first tranche, it will issue bonds worth 42 billion baht (around $1.28 billion) with a maturity period of three years and ten months, with an interest rate of 2.75% per annum. In the second tranche, it will issue bonds worth 8 billion baht (around $244 million) with a maturity period of seven years, with an interest rate of 3.01% per annum.
The Director-General of the Public Debt Management Office told local sources that the current bond issue is the largest single bond issue by a government-owned institution.Earlier this month, the Finance Permanent Secretary was quoted as saying that the Thailand government has incurred losses of around 680 billion baht (around $21 billion) from 11 rice pledging programs covering 15 harvests since 2004. He noted that losses from the rice pledging scheme launched by the Yingluck-led government alone accounted for about 518 billion baht (around $15.8 billion), or 82% of the total losses from rice subsidy schemes.

The National Anti-Corruption Commission (NACC) is investigating the level of corruption in the rice pledging scheme. It ruled that the former Prime Minister ignored warnings against misdealing in the controversial rice pledging scheme.

Vietnam Collaborates with IRRI to Redefine Rice Strategy

Nov 26, 2014

Vietnam's Ministry of Agriculture and Rural Development (MARD) will sign a new contract with the Philippines-based International Rice Research Institute (IRRI) to work towards redefining and reforming the existing rice strategy for the country, according to a news release on the IRRI website.The new strategy will aim at reforming key elements of the current strategy, including developing newer rice varieties with high export value, branding of Vietnam rice, adopting advanced crop management techniques, enhancing the use of technology in rice farming, reducing pre- and post-harvest losses, adapting to climate changes, reducing carbon emissions from rice production and supporting small farmers by providing them relevant advices. In short, the agreement aims at enhancing Vietnam's rice sector to match global standards.
The collaboration is in line with the government's approval of the "Project on Agricultural Restructuring Toward Raising Added Values and Sustainable Development" in June 2013. Other government agencies such as the Vietnam Academy of Agriculture Sciences and the Vietnam National University of Agriculture, as well as key industry players like Vinafood and the Vietnam Food Association (VFA) will also play a vital role in implementing the new strategy.The new strategy is important in the light of Vietnam being criticized for focusing on low quality rice production and exports. Experts have been urging the government to shift focus to producing higher quality rice with high export demand.Vietnam's partnership with the IRRI dates back to 1963, since when the IRRI contributed significantly to the growth of the Vietnamese rice 

Unique Branding Key to Boost Cambodian Rice Exports

Nov 25, 2014
The "World's Best Rice" award presented to the Cambodian jasmine rice for third consecutive year at the Sixth World Rice Conference has boosted the confidence of the Cambodian rice exporters, who are keen on increasing exports to over one million tons by 2015. They are now planning to use the award to expand the scope of their rice exports.Increasing exports is also very important to raise the standard of living of the Cambodian rice farmers, say local rice experts.

Cambodia accounts for only 1% of world's total rice production but its fragrant rice varieties are popular in many countries. However, inefficiencies in production and export management are impacting the country's rice exports to a large extent. Lack of efficient seed distribution, collection, storage, logistics and marketing are the issues that need to be primarily addressed for promoting Cambodian rice as one of the top brands in the world, according to the President of the Cambodian Rice Federation (CRF).
The CRF President is also keen on streamlining export procedures as  huge quantities of rice is exported unofficially to Vietnam and Thailand through Cambodia’s borders every year.One of the top rice exporters noted that the Cambodian jasmine rice should be uniquely branded in order to be differentiated from the Thai fragrant rice as customers often tend to compare between the two fragrant rice varieties. He suggested that Cambodia's "romduol" jasmine variety has been voted thrice as the "World's best rice" and a unique brand could be developed based on "romduol".
Keeping aside the challenges at home, some issues on the global front are also posing challenges to the Cambodian rice exporters, say experts. Thailand's huge rice stocks coupled with above-expected outputs in many rice producing countries has put a downward pressure on global rice prices. Cambodian exporters say they cannot afford to compromise on prices to sell rice overseas.   Cambodia exported around 304,788 tons of rice in the first ten months of 2014, up about 3% from around 295,154 tons exported during the same period in 2013, according to data from the Secretariat of One Window Service for Rice export Formality (SOWS-REF). Cambodia exported 379,856 tons of rice in 2013.
USDA estimates Cambodia to export 1 million tons of rice (including official and unofficial exports to Vietnam and Thailand through borders) in 2014, down about 7% from around 1.075 million tons in 2013.  


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