Wednesday, March 18, 2015

17th March (Tuesday) , 2015 Global Rice E-Newsletter by Riceplus Magazine

Managing Asean rice reserves

3/17/2015 
New Straits Times (Malaysia)
STABILISING Asean rice markets is a crucial concern for averting crises, such as the 2007-08 global rice crisis. The current strategy towards this is by growing the size of rice reserves in the Asean-Plus-Three Emergency Rice Reserve (Apterr), although Apterr has been critiqued for its small size relative to total demand and low utilisation. A look into the stabilisation policies in currency markets show that more important than size is the way the reserves are used to incentivise actors towards behaviours that reduce risk exposure.
As such, the limited reserves in Apterr can be used for encouraging behaviours such as increasing transparency/reporting, increasing partner diversification, addressing structural imbalances in agricultural production and consumption within countries.Rice, as a commodity, is subject to unstable marketdynamics.
For instance, chance events, such as a drought in India's wheatmarket combined with panic reactions by both exporters and importers, triggered world rice prices to soar in 2007-08.This developed into a crisis when Thailand and Vietnam, major exporting countries, closed their export gates following India's lead.This left rice importing countries unable to purchase the needed amounts to meet their own demand.Structurally, risks of the recent crisis recurring are high since the top five exporters (India, Thailand, Vietnam, the United States and Pakistan) occupy 81 per cent of global rice trade, as reported by the International Rice Research Institute.Production shortfalls in any of the five countries are likely to cause panic.
Worse still, is if they engage in strategic behaviour of holding stocks to drive prices up (in fact, a rice cartel was proposed by Thailand in 2012).Lastly, countries hardly provide accurate data on how much stocks they have, making it harder to assess risk.To address instability in the rice market, the 10 Asean countries plus China, Japan and South Korea developed the Asean-Plus-Three Emergency Rice Reserve (Apterr), a multilateral institution that holds rice reserves contributed by member countries for use during crises. The attention given in the media is often to the low amount of reserves relative to demand.Asean reports show that compared to an Asean demand of half a million tonnes of rice per day, Apterr is small as its overall size is only at 787,000 tonnes (enough to cover a day and a half of consumption).
Overall recommendations for Apterr have focused on increasing accumulation and accessibility of its reserves for crises.Of the total reserves, 87,000 tonnes come from all 10 Asean countries combined, while the rest are sourced from the "Plus Three" countries (Japan, Korea, China), leading to calls for increasing contributions by Asean countries.Relatedly, it has been critiqued for its low utilisation rate: member countries prefer to have country-to-country rice purchases because the Apterr's mechanism poses the risk that the needed rice/funds are not delivered soon enough.For instance, it requires a time-consuming process of crisis declarations by countries in need and approvals by member countries. However, the approach to rice market stabilisation through the Apterr may be insufficient from the standards of currency market stabilisation. Rice and currency markets are comparable for a few reasons:
Firstly, they both deal with priced commodities, the latter being priced based on the exchange rate. The International Monetary Fund (IMF) was set up after World War 2 for the purpose of stabilising exchange rates.Similar to the Apterr, the IMF also has a system of holding reserves and releasing them for stabilisation purposes though it has committed to doing things differently, learning from the 2007-08 global financial crisis.The IMF has moved on from issues of size and utilisation. A key insight to be learned from its practices in currency market stabilisation is its shift from crisis resolution to crisis prevention.
What the IMF will be doing differently is its use of reserves to influence countries towards reducing risk, by tailoring the criteria for accessing reserves.Firstly, data adequacy is a key criterion for which country receives funds, and how much of it a country can tap.Next, these criteria also include behavioural adjustments which would reduce structural instabilities in the countries concerned, in the areas of external position and market access, fiscal policy, monetary policy and financial sector soundness. In sum, the use of reserves is only a last resort for the IMF while most of its work focuses on stabilising the structures of economies so that they will have no need for the said emergency mechanism in the first place.
Applying this to rice market stabilisation, the criteria for release of rice reserves can be tailored towards incentivising countries to reduce their vulnerability to risk, individually.Firstly, net-importing countries can be incentivised to prioritise rice production so that they can reduce external dependence, and to spread their risk by diversifying into other export partners.Strategic indicators may be drawn from current food security databases, including the Economist Intelligence Unit's Global Food Security Index, or Syngenta's Rice Bowl Index.Next, Apterr can also adopt the data adequacy criterion used by IMF to reward countries for reporting country data on rice stocks held.
This would allow it to perform effective surveillance in countries, which in turn would feed into better recommendations for reducing long-term structural risks.Learning from stabilisation practices in currency markets, Apterr reserves should be used not simply as a buffer for crisis purposes. Instead, they should be tapped for incentivising countries towards reducing overall systemic risk.In this regard, it would not be the size of Apterr, but its potential for reducing overall risk, which should be the focus in the next Apterr meeting this year.The writer is an associate research fellow at the Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore

http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2323641395

 

Paradigm shifting’ rice method receives award

3/17/2015 - by World Grain Staff
SINGAPORE — Cornell University’s System of Rice Intensification (SRI) production method, which can increase rice yields by 20% to 50%, received an award from Olam International, the company announced on March 17.
Description: http://www.world-grain.com/~/media/ImagesNew/WorldGrain/Features/2015/03/Olam_SRI.ashx?h=106&mh=195&mw=181&w=181The International Prize for Innovation in Food Security was awarded by an international jury panel to Professor Norman Uphoff and the SRI International Network and Resources Center (SRI-Rice) at the 3rd Global Science Conference on Climate Smart Agriculture in Montpellier, France.Launched in partnership with leading scientific organization Agropolis Fondation to celebrate Olam’s 25th anniversary, the Olam Prize for Innovation in Food Security recognizes an outstanding innovation for its impact on the availability, affordability, accessibility or adequacy of food.
SRI-Rice, which is housed at Cornell University in New York, U.S., has been promoting research and facilitating knowledge-sharing on the System of Rice Intensification, a climate-smart methodology with outstanding results for rice production that is surprisingly counter-intuitive.Capitalizing on biological processes, on the genetic potential of the crop, and on plant-soil-microbial interactions, the system requires 80% to 90% fewer rice seeds, up to 50% less water and in many instances no fertilizer.
Yields are then boosted by 20% to 50% (and often by much more), with farmers’ costs subsequently reduced by 10% to 20%.SRI methods include alternately drying and wetting the rice field rather than the usual practice of continuous flooding, adding organic matter to soil for their improvement, and instead of planting  the standard of approximately 130 plants per square meter, about 16 single, very young seedlings are planted with much wider spacing. These carefully designed planting and growing practices produce deep-rooted rice plants with a greater amount and diversity of soil organisms.
The healthier, more robust plants are better able to withstand the stresses of drought, flooding, storm damage, and pests and diseases.SRI is now being promoted by governments in China, India, Indonesia, Cambodia and Vietnam, where two-thirds of the world’s rice is produced. Use of SRI practices is increasing the yields of over 10 million smallholder farmers by an average of 1.67 tonnes per hectare, while simultaneously reducing their costs and lowering water requirements.
“The innovation behind SRI is fascinating because it disrupts common notions of rice farming, and such disruption is essential if we are to feed 9 billion people by 2050. Grown by 200 million small-scale farmers, rice is the world’s staple diet, so I am delighted that Olam is helping to scale up practices so clearly proven to increase yields, thereby reducing the pressure on precious arable land and water,” said Sunny Verghese, co-founder, group managing director and chief executive officer.
 “On top of this, there are no costs to the farmer which provides three benefits: firstly, communities have increased access to vital calories without paying more; secondly they can improve their livelihoods by selling the surplus and lastly, through that surplus they are supporting global food security needs.“As we celebrate our 25 years in the agricultural sector, I am proud that this anniversary prize should be awarded to SRI-RICE, a team that has ‘transcended boundaries’ – the meaning of Olam. And with our own 10,000 hectare rice farm and smallholder program in Nigeria we will certainly be exploring this research further.”In addition to the promotion of the new methodologies, SRI-Rice provides technical assistance to development and research programs, advancing knowledge on SRI and acting as a global hub for the international SRI community.
“The SRI-Rice team stood out for the demonstrable impact their research and outreach on paradigm-shifting methodologies is having in over 55 rice-growing countries globally,” said Pascal Kosuth, director of Agropolis Foundation and jury member for the Olam prize. “Professor Uphoff and the SRI-Rice team at Cornell University are working with a vast global network to build a body of scientific evidence demonstrating that significant yields can be achieved from the same land by simply better understanding the natural synergies between plants, soils, water, nutrients, soil organisms and climate.
”“Along with the rest of the SRI-Rice team and the hundreds of colleagues all around the world who have made SRI a reality on the ground, I am honored to receive this award from Olam, one of the world’s largest agribusinesses and a team that knows very well the importance of agricultural science to ensuring food security,” said Uphoff, in receiving the award. “However, this award must be dedicated to the memory of Père Henri Laulanie, whose ideas and observations working with impoverished farmers in Madagascar some 30 years ago provided the basis for all SRI research.
“Scaling up SRI and its derived System of Crop Intensification (SCI) is a matter of changing mindsets, habits and practices, and the recognition Olam has bestowed on us with this award marks a milestone in terms of support from the private sector. The Olam Prize money will be used to support further research, particularly around how SRI management methods can reduce methane gas emissions – essential in the fight against climate change – as well as on the role of soil microbes in the uptake of nutrients.”With a prize value of $50,000, the Olam prize was judged by an international panel of experts in conjunction with the Louis Malassis International Scientific Prizes.

http://www.world-grain.com/articles/news_home/World_Grain_News/2015/03/Paradigm_shifting_rice_method.aspx?ID=%7BA409D1E3-1093-47E2-87C3-9E15469E0CF9%7D&cck=1

PhilRice develops 25 new heat-tolerant rice varieties

March 17, 2015 8:54 pm
by JAMES KONSTANTIN GALVEZ REPORTER

The Philippine Rice Research Institute (PhilRice) has developed 25 new heat-tolerant varieties that can stand the impact of harsh climate change and other extreme weather conditions such as the El Nino phenomenon.Dr. Norvie Manigbas, lead researcher, said the development of rice varieties with high temperature tolerance was intended to address effects of climate change in areas where 90 to 95 percent of the population depend on rice.He said PhilRice was able to identify the new breeding lines after rigorous selection for high temperature tolerance using conventional method and marker-assisted selection.

“We established breeding nurseries in high temperature prone areas in Cagayan and Nueva Ecija to screen and select breeding materials under field conditions,” Manigbas said.Rice grows optimally between 20-35°C and becomes increasingly sensitive to increasing temperatures especially during flowering. In 2010, Manigbas and his team developed new rice genotypes that can tolerate and adapt to high temperatures at 37-39°C under irrigated lowland conditions.They identified N22 (Nagina 22 from India), Dular (India), and Nipponbare (Japan) as donor parents and used conventional breeding and molecular marker-assisted selection to generate new high temperature tolerant breeding populations.Manigbas said planting was done on staggered basis so that flowering, or reproductive stage of all test entries, will coincide with the highest temperature during the growing season.
“PhilRice identified twenty five new breeding lines tolerant and 16 of those had lower percent sterility compared with the tolerant checks and donor parent N22,” he said.Manigbas said the new lines will be evaluated further for other traits and if they passed, they can be nominated to the National Cooperative Test for Multi-Environment Testing.With his co-researchers — Luvina Madrid, Corazon Cardenas, Evelyn Ladia, and Ferdinand Enriquez — Manigbas targets the promising line to be released as a new heat-tolerant rice variety in 2016-2017.Their research won the bronze medal in the Gold AFMA Best R&D Paper Award.

 

http://www.manilatimes.net/philrice-develops-25-new-heat-tolerant-rice-varieties/170005/

Golden rice is a humanitarian effort: Moore

OUR BUREAU
Description: Grain of salt: Leader of the 'Allow Golden Rice Now' campaign Patrick Moore addressing a press conference in New Delhi on Monday. - RAMESH SHARMA
Grain of salt: Leader of the 'Allow Golden Rice Now' campaign Patrick Moore addressing a press conference in New Delhi on Monday. - RAMESH SHARMA
Campaign leader claims it will address Vitamin A deficiency in developing nations
NEW DELHI, MARCH 16:  
The ‘Allow Golden Rice Now’ campaign led by former Greenpeace member Patrick Moore made its way here on Monday after similar events in Manila and Dhaka.It aims to promote ‘golden rice’, a genetically-modified variant containing beta-carotene, that the technology’s proponents claim will address the problem of Vitamin A deficiency in the developing world.Interestingly, it’s touted as an “entirely humanitarian” endeavour with public research being funded by donor organisations such as the Bill & Melinda Gates Foundation, the Helen Keller Foundation and USAID, among others. Hence, Moore told BusinessLine, fears of corporate monopolisation were unfounded and merely rumours spread by anti-GMO organisations such as Greenpeace.“There’s nothing in it for the companies, not one is considering making money from Golden Rice,” he said.
Syngenta’s role
When asked about the agri-business giant Syngenta’s role in the Golden Rice Project, Moore stated that the corporation had helped develop an improved version called ‘Golden Rice 2’ (GR-2) using a maize gene instead of the one from daffodils.The new version, introduced in 2005, apparently produces 23 times more beta-carotene than its predecessor.“It was a charitable act that made Golden Rice better and the technology has been given to others. GR-2 will be given away free in developing nations where there’s a Vitamin A deficiency issue, a royalty will only be charged in industralised nations,” he added.
Moore stated that the distribution model, using The Philippines as an example, involved public research institutes such as the International Rice Research Institute in Manila (IRRI, where trials have been conducted over the last decade) and its partner institutions disbursing seeds to farmers for free once Golden Rice is fully developed.The farmers would grow it and be able to sell the seeds with no reason to charge more than they would for regular rice since there was no royalty required to be paid.
Complex system
“It’s not true that there are no corporate interests at work, Syngenta has a patent on Golden Rice but has permitted others to work with it. The company can retain control if it wants to,” said Rajesh Krishnan of the Coalition for a GM-Free India, and feared that field trials would contaminate other rice varieties.“Preservation of genetic diversity is one of the biggest problems because India is one of the centres of origin and diversity of rice,” he added.“Syngenta still owns the patent but there are plenty of contracts and sub-contracts which are difficult to unravel. The larger point is that it isn’t even ready for the market yet.
Excessive Vitamin-A has its problems and the efficacy of the project can be questioned since a wholesome diet with minerals and fat cannot be achieved by Golden Rice,” said Sreedevi Lakshmi Kutty of the Save Our Rice Campaign.The IRRI has claimed limited success with multilevel trials, it is believed that yields have not been adequate either, she added. Currently, Golden Rice is still under development and is being evaluated at the IRRI and can only be provided to farmers if it gets regulatory approval.“I don’t see approvals in The Philippines coming through soon, we hope that this can be taken to India, Bangladesh and Indonesia,” said Moore.
(This article was published on March 16, 2015)

Hybrid Rice

Delhi  ,March 17, 2015 Last Updated at 14:20 IST
Government of India has not fixed any target for increasing acreage of hybrid rice in the country. However, efforts are being made to promote cultivation of hybrid rice through various crop development programmes such as National Food Security Mission (NFSM), Bringing Green Revolution to Eastern India (BGREI) and Rashtriya Krishi Vikas Yojana (RKVY). From the initial level of 10,000 hectares in 1995, area under hybrid reached one million hectare in 2006. It has picked up during the last nine years, mainly because of increasing popularity of hybrid rice in eastern Uttar Pradesh, Bihar, Jharkhand, Madhya Pradesh and Chhattisgarh and area under hybrid rice has exceeded to 2.5 million hectares during 2014, which is about 5.6% of the total rice area in the country. 
Although, there are reports of incidence of bacterial infection, but no report about huge loss to paddy crop have been received from state governments of Tamil Nadu and Andhra Pradesh. Centre for Cellular and Molecular Biology (CCMB) and Directorate of Rice Research (DRR) have jointly developed bacterial blight resistant variety 'Improved Samba Mahsuri' which variety was notified and released for cultivation in 2008. The variety has so far spread to an area of 90,000 ha in the states of Tamil Nadu, Karnataka, Telangana and Andhra Pradesh. This information was given by the Minister of State for Agriculture Sh.Mohanbhai Kundaria in Lok Sabha today. 

Govt to introduce cold-tolerant Boro
Dhaka Tribune
Abu Bakar Siddique
The government plans to introduce a coldtolerant variety of Boro paddy to avoid crop damage by erratic weather.This particular variety, tolerant to cold conditions both at the seedling and reproductive stages, can be introduced within two years, said Dr Jibon Krishna Biswas, director general of Bangladesh Rice Research Institute (BRRI).“We are now running trials, and once we get successful results, we will apply for its commercial release.
”He said the government had been trying to develop crop varieties tolerant of extreme climatic events to ensure steady food production.As a part of that initiative, BRRI has been working on cold-tolerant Boro because a large number of rice farmers suffer significant losses every year as none of the existing varieties can cope with extreme cold. Though a winter crop, Boro is often affected by cold-related diseases at the seedling and reproductive stages.Paddy farmers in haor (wetland) areas usually face more problems than do others, as they only cultivate Boro and start the cultivation process in January – a month ahead of the rest of the country.
“Since January is the coldest month in Bangladesh, the haor farmers often have to tackle cold-related diseases affecting their crops. They will be particularly benefited by this new paddy variety,” the BRRI DG told the Dhaka Tribune.The BRRI previously developed another cold-tolerant Boro variety named BRRI 36, but its cold tolerance is very low.Boro is the most produced paddy in the country accounting for a production of almost 19 million tonnes out of 34.6 million tonnes produced in Bangladesh in 2013-14.The BRRI also released two saline tolerant varieties and two submergence tolerant varieties of paddy in 2010, and in 2012 the state-run rice research organisation released two drought tolerant varieties.In addition to these varieties, the BRRI also released eight more varieties between 2009 and 2013 which are currently being popularised among farmers. 

Japan Cuts Food Self-Sufficiency Target as Trade Deals Expand

 

(Bloomberg) -- Japan, which imports about 60 percent of its food, cut its self-sufficiency target as the government expands free-trade agreements for economic growth, lowering tariffs on meat and dairy.The largest Asian buyer of corn, beef and pork lowered the rate to 45 percent by March 2026, the Agriculture Ministry said in an e-mailed report Tuesday. The target, which is reviewed by the government every five years, was reduced from 50 percent set in 2010.The country reached a free-trade agreement last year with Australia and began cutting tariffs on the third-biggest beef exporter in January in line with the bilateral accord to halve duties on frozen meat by 2032. Japan is negotiating the Trans-Pacific Partnership with the U.S. and 10 other nations as Prime Minister Shinzo Abe expands trade-promotion deals.

“We need to make our self-sufficiency target more feasible as the gap between the previous goal and the reality is widening,” Takashi Amou, a director of the ministry’s policy planning division, told reporters in Tokyo.The production target for food rice was cut to 7.52 million metric tons for the year through March 31, 2026 from 8.59 million tons last fiscal year as Japanese consumption shrank and domestic stockpiles stayed near an 11-year high, the ministry said in the report. The government wants farmers to produce feed rice as an alternative to imported corn and wheat, it said.The feed-rice output goal was set at 1.1 million tons for the fiscal year 2025-2026, a 10-fold increase from output last fiscal year, according to the ministry.Japan is the world’s largest importer of corn, buying 15 million tons last year. The U.S. was the biggest supplier to the country with 12.6 million tons, followed by Brazil with 1.3 million tons and Ukraine with 900,749 tons, according to data from the ministry.
To contact the reporter on this story: Aya Takada in Tokyo at atakada2@bloomberg.net
To contact the editors responsible for this story: Ramsey Al-Rikabi atralrikabi@bloomberg.net Jarrett Banks, Sungwoo Park

http://www.bloomberg.com/news/articles/2015-03-17/dollar-holds-drop-before-fed-while-oil-sinks-on-supplies

 

Riceland’s Harris visits Cuba with rice industry group

All the Cuban officials discussed opportunities in the market for imports of a wide variety of ag products including inputs and equipment. They also discussed in depth the problems created by the U.S. embargo and the roadblock it created that prevented consistent business and a closer ongoing relationship between industries in the nations

By USA Rice Federation
Posted Mar. 17, 2015 at 10:41 AM 

HAVANA, Cuba —
Description: Terry Harris (left) on tour with Cuban farm co-op officials.Missouri rice farmer Rance Daniels and Riceland Foods Senior Vice President of Marketing and Risk Management Terry Harris represented the U.S. rice industry on a recent trip with more than 90 people involved in agriculture and education visiting Cuba. The group, traveling as the U.S. Agriculture Coalition for Cuba (USACC), included two former U.S. Secretaries of Agriculture, Mike Espy and John Block, and the First Lady of Missouri Georgeanne Nixon.The group met on Monday morning with the Minister of Foreign Investment, Mr. José Luis Padrone, director of international relations for the Ministry of Agriculture, Mr. Juan José León Vega, and in the afternoon with Rafael Rivacoba, director of international relations for the state sugar enterprise, and Leonardo Chairing, director of international relations for the National Association of Small Farmers.
All the Cuban officials discussed opportunities in the market for imports of a wide variety of ag products including inputs and equipment. They also discussed in depth the problems created by the U.S. embargo and the roadblock it created that prevented consistent business and a closer ongoing relationship between industries in the nations.That evening the group attended a reception at the residence of the top U.S. diplomat in Cuba, hosted by the Missouri First Lady. Tuesday the delegation split into six groups to visit various segments of the ag industry including sugar production; aquaculture; cattle production; fruits, grains and vegetables; tobacco and sorghum; and rice.Daniels and Harris went on the rice tour, meeting with the board of directors of a farm cooperative that farmed more than 7,000 acres of rice. They also toured two rice mills and a rice drying and storage facility. 
There was a detailed discussion between the Cuban and U.S. farmers about farm practices, pricing, problems and opportunities."I found it very interesting in talking with the Cuban farmers the practices we have in common, but also how different some of them are," Daniels reflected. "They were definitely intrigued with the size of our planting and harvesting equipment. I also feel renewed trade with Cuba is a great opportunity for us to expand our rice export markets, but it will also be a way for us to share some of our technology with the Cuban farmers to help improve their productivity.
"The meeting ended after a meeting with the president of Alimport, the state agency that imports almost all foodstuffs into the country, a follow up discussion with the Cuban officials who had previously met with the group and capped by comments by both the former Secretaries of Agriculture."I felt the trip was very beneficial from both the U.S. and Cuban perspectives," said Harris. "It allowed a good exchange of information, ideas and goals that could benefit both nations and create opportunities for bilateral trade. As expressed by both Secretary Block and Secretary Espy, Cuba holds incredible potential for increased commerce in goods and technology, but the embargo remains a stumbling block that we must remove to make this opportunity a reality."

http://www.stuttgartdailyleader.com/article/20150317/NEWS/150319714

El Nino conditions rising, says Australia Met

VINSON KURIAN
Pacific cyclones have increased chances for such an eventuality to 50% by mid-year
THIRUVANANTHAPURAM, MARCH 17:  
Description: http://www.thehindubusinessline.com/multimedia/dynamic/02344/bl18_temp_jpg_2344355f.jpgThe Australian Bureau of Meteorology suspects that ‘unusual conditions’ in tropical Pacific during the past fortnight may increase the chance of El Nino this year. But it also observed that model outlooks spanning the traditional transition period of February to May generally have lower accuracy than outlooks made at other times of year.El Nino is a condition in which tropical and adjoining east Pacific warms up relative to the west, taking away storm-building, clouding and rains from Asia to the South America coast.
El Niño watch
This is normally expected to leave an impact on the Asian summer, including the monsoon, though there is no direct cause-effect relationship.The bureau’s tracker is now locked at an ‘El Nino watch.’This indicates that there is about a 50 per cent chance of El Nino forming in 2015 – double the normal likelihood of an event. This is due to the warmer-than-average sub-surface temperatures in the tropical Pacific Ocean, the bureau said in an update.
Pacific cyclones
International models surveyed by it indicate that central and eastern tropical Pacific will warm to El Nino thresholds by mid-year.The bureau recalled that in the western Pacific, super cyclone Pam and tropical storm Bavi had straddled the equator, producing one of the strongest reversals in the trade winds in recent years.El Nino happens when weakening trade winds (east to west, which sometimes even reverse direction) allow the warmer water from the western Pacific to flow toward the east.A reversal of winds has taken place in the wake of the cyclones.This flattens out the sea level, builds up warm surface water off the coast of South America, and increases temperatures in east Pacific.
Warm anomaly
This change is expected to increase the already warm sub-surface temperatures currently observed in the tropical Pacific Ocean.It may in turn raise tropical Pacific Ocean surface temperatures in the coming months.However, the bureau said that it is too early yet to say whether the reversal in the trade winds is a short term fluctuation or the beginning of a sustained trend.International models surveyed have strengthened their outlooks for the likelihood of El Nino, it said.All eight models are suggesting ocean temperatures will exceed El Nino thresholds by mid-year.
(This article was published on March 17, 2015)

http://www.thehindubusinessline.com/industry-and-economy/agri-biz/el-nino-conditions-rising-says-australia-met/article7003977.ece

 

 

SoCal offering to pay its highest price ever for water


LA Observed   Mar 17 08:47am
Kevin Roderick: With this drought year starting to look like the worst yet, the MetropolitanWater District is offering rich deals and Northern California rice farmers are selling.

German company helps farmers fight rice blast disease

Selasa, 17 Maret 2015 21:54 WIB |
Jombang, E Java (ANTARA News) - German chemical company BASF organized the Rice Innovation Experience Tour in Carangrejo village, Kesamben sub-district, Jombang district, East Java province, to introduce its new fungicidal product to 350 farmers."BASF has spent 250 million euros to conduct research and development in a bid to create a product that can help to fight the rice blast disease and increase the yield of rice," BASFs Crop Protection Business Area Manager for Southeast Asia Leon van Mullekom stated here on Tuesday.
Rice blast is one of the most destructive diseases affecting the rice crop and is caused by the fungus "Magnaporthe grisea," which can destroy rice plants."Innovations in rice-growing techniques and pesticides will contribute to higher rice yields and quality," noted Leon.According to Leon, Indonesian farmers are able to produce about 4.7 tons of rice per hectare, while farmers in Vietnam and China harvest 5.6 and 6.5 tons of rice per hectare, respectively.The Jombang district administration, Indonesian rice experts, and BASF gathered for a Rice Innovation Tour in Carangrejo village, Jombang district, East Java.
The event was organized to explore ways through which innovation can boost rice yields and quality, while simultaneously being safe for the environment and improving the livelihood of the local farmers.BASF chose Jombang as a location to introduce its new and innovative product as it is one of the highest rice-producing districts in East Java, along with Banyuwangi, Ngawi, and Lamongan.Nearly 60 percent of the total population in Jombang work as farmers, with nearly half of the total land in the area used as rice fields.
"This event is expected to help Jombang achieve the target of producing 436,207 tons of rice in 2015," Vice Regent of Jombang Munjidah Wahab affirmed.In January 2015, Jombang has harvested seven thousand tons of rice. Earlier in 2014, Jombang managed to achieve a surplus production of 145 thousand tons of rice."Rat, brown planthoppers, and rice blast disease are the main constraints hindering farmers productivity. Innovation is expected to increase the productivity of farmers," Munjidah added.(*)

http://www.antaranews.com/en/news/98148/german-company-helps-farmers-fight-rice-blast-disease

Arkansas Rice Depot needs your help!
On Thursday, April 2, we’re participating in ArkansasGives, a one-day online giving event. When you make a donation to Arkansas Rice Depot on April 2, you can help us qualify for bonus dollars and cash prizes that will make your donation stretch farther.
How you can help:
·  Sign up for a callback. Only gifts made on April 2 through ArkansasGives will count towards the Arkansas Rice Depot grand total; therefore, we will be set up at Rice Depot from 8 am – 8 pm on April 2 to assist you with your donation. Sign up for a call to remind you to make your donation count!    
·  Donate! We have set a goal to raise $25,000 through this event, but we will need your help! OnApril 2, visit ArkansasGives.org to make a donation to Arkansas Rice Depot between the hours of 8 a.m. and 8 p.m. ArkansasGives requires gifts to be made via credit card (including American Express, Visa, Discover and MasterCard and debit cards that bear the Visa or MasterCard symbol). The minimum gift required by the Arkansas Community Foundation is $25, but since $30 will feed a child for a month, we are asking a minimum gift of $30.
·  Challenge 6 friends to donate. This is going to be a really fun and easy way to help with our fundraising efforts for 2015 as well as a perfect opportunity to introduce us to your friends that might be interested in hunger relief. Forward this email to include your friends and family in this challenge!
We couldn't fulfill our mission to improve the lives of hungry Arkansans without you! If you have any questions feel free to contact me at brandi@ricedepot.org or (501) 565-8855 ext 102.

Serving the hungry with you,
Description: Brandi SIgnature 
Brandi Johnston, Director of Developmen

Genetically modified food in China: time to reap what scientists sow?

Genetically modified food is a field in which China is globally competitive, but researchers say government hesitation is slowing growth

PUBLISHED : Wednesday, 18 March, 2015, 5:11am

UPDATED : Wednesday, 18 March, 2015, 7:52am

Mandy Zuomandy.zuo@scmp.com

Description: https://www.scmp.com/sites/default/files/styles/236w/public/2015/03/17/d964f95b91f1de00a5da4128ebcae547.jpg?itok=BpFnnaraIllustration: Henry WongAngel or demon, transgenic crops have become one of the "frontier technologies" that China is determined to embrace.In contrast to China's usual modesty in academic matters, mainland scientists claim that genetically modified organisms, utilising recombinant DNA technology, i s among the few fields in which China can claim to be globally competitive.Genetically modified rice, in particular, is the achievement that China should be most proud of, they say. But they fear the government's persistent hesitation to commercialise their successes could make China's GM quest lose momentum.

 

A quarter of the world's top research papers on rice have been written by Chinese researchers, said Yan Jianbing, a corn genomics researcher at Huazhong Agricultural University in Wuhan ."Agricultural biotechnology is one of the few technologies in which China is on an equal footing with the world's best," said Yan, who works at the university's laboratory of crop genetic improvement, a key GMO research facility designated by the central government.With vast funding and a big team, China was ready to bring to market an insect-resistant transgenic rice it developed on its own a decade ago, said Zhu Zhen, a researcher at the Chinese Academy of Sciences' Bureau of Life Sciences and Biotechnology.

But the government has chosen so far not to commercialise its GMO expertise as the technology remains controversial around the world and has triggered fierce debate at home."Public opinion remains unfavourable for the technology, and even now, the prospect for commercialisation is unclear," Zhu said.China pumped vast funds into GMO research when global studying of the subject started in the mid-1980s, and kept pace with international research all the time, he noted.China was the first country to commercialise transgenics in the early 1990s with the introduction of virus-resistant tobacco.In the mid-1990s, China was behind only the US in planting transgenic crops, with 1.1 million hectares of such crops, or 39 per cent of the world's total, being sown in 1996.

 

 But progress slowed considerably as controversy arose at home and abroad.In the past decade, many talented researchers returned from overseas to become the pillar of China's GM research effort, Zhu said. Today, his main fear is that the government's sluggishness to commercialise these accomplishments is frustrating ambitious young scientists."It's important to maintain an advantage in research, but to keep the technology from being commercialised means it won't be rewarded by the market. This will only make our research lose momentum," said Zhu, who is also the deputy director-general of the Chinese Society of Biotechnology. "The market will not wait," he said.

 

"There is good stuff overseas too."According to the non-profit international organisation, the International Service for the Acquisition of Agri-biotech Applications (ISAAA), a record 181.5 million hectares of GM crops were grown globally in 2014.The United States planted most, while China ranked sixth with 3.9 million hectares.Yan Jianbing said China had invested greatly in research and building a solid base of expertise.A handful of genetically modified 'Golden Rice'. GM research was designated by the government as one of 16 major areas in which it was aiming for major breakthroughs by 2020, according to a national scientific research plan in 2008.The China Business News cited a leading scientist as saying that from 2006 to 2020 about 20 billion yuan would be devoted to GM research.

 

Yan was optimistic that China could keep up the good work as long as the government maintained its investment, but shared Zhu's concern that China lagged others in applying the technology. "GM research, especially its application, needs to be driven by corporations, but for now the central government is doing the job, which is inconsistent with economics," he said.Dr Alan McHughen, a geneticist at the University of California, Riverside, said the healthiest approach to research was to have vigorous involvement by the public and private sectors. The public sector should concentrate on the underlying technologies, while the private sector would adapt the results of public researchers to develop commercial products for the good of society.

 

"In this respect, China is well organised and strategic in using public funding support to encourage GM research in China to improve crops of highest importance to the country, instead of simply adopting GM crops developed elsewhere," he said.Calling China "one of the world leaders in GM agriculture", he said the country would increase agricultural productivity and environmental sustainability with such public support.William Niebur, vice-president of DuPont for crop genetics research, also saw a promising Chinese GM market.He noted that faced with an urbanising population and natural resource constraints, China had begun to move away from extensive management methods driven by large output goals and excessive agricultural input Description: https://www.scmp.com/sites/default/files/2015/03/18/gm-food-net.jpg?itok=YJMYTIZipractices."In the future, improving agricultural competitiveness will be achieved by promoting technological innovation in agriculture and mandating environmentally sustainable development," he said."As the world's most populous nation and the largest grain consumer, China has stepped up efforts to ensure its food safety and security, as well as integrating new agricultural technologies to increase land productivity."But much concern remains as views on GM agriculture vary greatly among ordinary people and even government officials.

 

In the government's first policy directive this year, issued earlier this month, authorities called for improvements in safety management and public education on GM crops."After the frequent reports of illegal planting and circulation of GM crops in the past decade due to slack supervision, the authorities have apparently started to realise it's a serious problem," said Fang Lifeng, formerly a biosafety campaigner for environment group Greenpeace and now an independent observer."It was the first time public education was brought up in the document, which actually started in the second half of last year," he said.Led by the Ministry of Agriculture, various departments have increased their propaganda about GM technology to create a favourable environment for the commercialisation of GM crops."So I expect more publicity machines are going to voice support for GM research in the future," said Fang.This article appeared in the South China Morning Post print edition as Time to reap what scientists sow?

 

http://www.scmp.com/news/china/article/1740481/genetically-modified-food-china-time-reap-what-scientists-sow

 

PhilRice develops 25 new heat-tolerant rice varieties

March 17, 2015 8:54 pm
by JAMES KONSTANTIN GALVEZ REPORTER


The Philippine Rice Research Institute (PhilRice) has developed 25 new heat-tolerant varieties that can stand the impact of harsh climate change and other extreme weather conditions such as the El Nino phenomenon.Dr. Norvie Manigbas, lead researcher, said the development of rice varieties with high temperature tolerance was intended to address effects of climate change in areas where 90 to 95 percent of the population depend on rice.He said PhilRice was able to identify the new breeding lines after rigorous selection for high temperature tolerance using conventional method and marker-assisted selection.
“We established breeding nurseries in high temperature prone areas in Cagayan and Nueva Ecija to screen and select breeding materials under field conditions,” Manigbas said.Rice grows optimally between 20-35°C and becomes increasingly sensitive to increasing temperatures especially during flowering. In 2010, Manigbas and his team developed new rice genotypes that can tolerate and adapt to high temperatures at 37-39°C under irrigated lowland conditions.They identified N22 (Nagina 22 from India), Dular (India), and Nipponbare (Japan) as donor parents and used conventional breeding and molecular marker-assisted selection to generate new high temperature tolerant breeding populations.

Manigbas said planting was done on staggered basis so that flowering, or reproductive stage of all test entries, will coincide with the highest temperature during the growing season.“PhilRice identified twenty five new breeding lines tolerant and 16 of those had lower percent sterility compared with the tolerant checks and donor parent N22,” he said.Manigbas said the new lines will be evaluated further for other traits and if they passed, they can be nominated to the National Cooperative Test for Multi-Environment Testing.With his co-researchers — Luvina Madrid, Corazon Cardenas, Evelyn Ladia, and Ferdinand Enriquez — Manigbas targets the promising line to be released as a new heat-tolerant rice variety in 2016-2017.Their research won the bronze medal in the Gold AFMA Best R&D Paper Award.

N sees success in seizing HK rice market from Thailand

Wichit Chaitrong
The Nation March 18, 2015 1:00 am
Vietnam has gained a substantial share of Hong Kong's rice market at the expense of Thailand, resulting from fierce competition over the past 10 years.Back in 2004, Thailand controlled almost 90 per cent of that city's rice market, by sending about 275,000 tonnes to Hong Kong. But its market share plunged to about 45 per cent in 2013 and then slightly recovered to 48 per cent last year, according to Hong Kong's Trade and Industry Department. Vietnam's rice sales in Hong Kong started from almost nothing - 0.3 per cent of the market in 2004 - but its share jumped to 42 per cent in 2013 before dropping slightly to 40 per cent last year.
"It will be very difficult for Thailand to regain 90 per cent," Fong Ngai, director of the Hong Kong Economic and Trade Office for Asean, said yesterday during an interview on NOW26 TV. Thailand's market share in the first month of this year was up to 65.1 per cent versus Vietnam's 26.3 per cent and Cambodia's 0.3 per cent. However, that might not be the trend for the whole year. Vietnam made a very smart move. It started by selling to restaurants and caterers. Now it can sell to consumers. "Before we saw only Thai rice on the shelves of supermarkets. Now we Description: http://www.nationmultimedia.com/new/2015/03/18/business/images/30256192-01_big.jpgalso see Vietnamese rice," Fong said. Recently Cambodia also made a successfully market entry. In the near future, Myanmar and other Asean members will likely join the fray. Hong Kong's rice market - 320,000 tonnes last year - is dominated by fragrant rice, followed by white rice. hareon Charoen Laothamatas, president of the Thai Rice Exporters Association, is pessimistic about the market outlook: "We will not be able to recapture our 90-per-cent market share in Hong Kong, because of our higher price.
" Thai fragrant rice is quoted at about US$1,000 per tonne against Vietnam's $500 and Cambodia's $600. Rice-subsidy schemes perpetuated by previous governments are to blame, Charoen claimed. "The governments wanted higher prices and it led to a loss of our overseas market share," he said. The previous governments did not recognise that the market price is very important, while on the quality front, Vietnam and other Asean rice exporters have quickly upgraded their products, he added. The association forecasts Thai rice shipments abroad to reach about 10 million to 11 million tonnes this year compared with 11 million tonnes last year
.http://www.nationmultimedia.com/business/VN-sees-success-in-seizing-HK-rice-market-from-Tha-30256192.html

More people here sticking with Japanese rice

My PaperTuesday, Mar 17, 2015
The short-grained stickiness of Japanese rice has become more popular here despite costing more, with consumption more than doubling since 2011.Last year, Singapore residents consumed 1,359 tonnes of rice from Japan, up from 602 tonnes in 2011, figures from state trade promotion arm International Enterprise Singapore showed.Singapore is the second-largest importer of Japanese rice in the world after Hong Kong, going by data from the Ministry of Agriculture Forestry and Fisheries Japan (MAFFJ).People here ate eight times as much Japanese rice as the amount exported to China and 26 times that in Malaysia.
Industry players point to increasing affluence, the booming number of Japanese restaurants and the growing number of Japanese expatriates in Singapore as reasons for the increase.Others said the recent surge in the prices of Thai rice, leading to falling demand here, led to more consumers switching sources."The gap in prices between Japanese rice and Thai rice narrowed a little. When that happened, some consumers switched and didn't switch back," said Andrew Tan, 35, chairman of the Singapore General Rice Importers Association.At Meidi-ya Supermarket, a 5kg bag of Royal Umbrella Thai rice costs $18.95; and a 2kg bag of Niigata Uonuma rice from Japan costs $21.However, he also pointed out that the rapid rise in figures should be taken with a pinch of salt, given that they started from a low base.
Singapore consumed a total of 325,860 tonnes of rice last year, with Japanese imports making up less than 1 per cent.Akira Karasawa, MAFFJ's director general of crop production, said the greater consumption of Japanese rice in Singapore could be due to the presence of more Japanese expatriates and restaurants here, as well as the affluence of Singaporeans.The Japanese ministry has launched the This Is Japan Quality logo, which is tagged onto all Japanese rice products here. It has a QR code that links to a website with information about the merits of Japanese rice.Supermarkets are also seeing brisk sales.
At Giant, demand for Japanese rice has grown each year since 2011, with its spokesman reporting "high single-digit percentage growth" year-on-year. FairPrice saw 50 per cent growth last year from 2013 of its house brand FairPrice Japonica Rice.Jane Wong, 36, started buying more Japanese rice last year to make Japanese meals for her four children to take to school because "it is healthier", she said. She added that she usually makes sushi for them.However, replacing the Vietnamese rice they eat for their daily meals with Japanese rice is not an option for now. "The price is still too high," she said.

Houses stalled over paddy issue again
Times of India  
 Patna: BJP members on Monday stalled the proceedings of first half of both the Houses of state legislature over slow paddy procurement in the state. The opposition members trooped into the well of both the Houses demanding a debate on the issue as was promised by CM Nitish Kumar on March 12. They demanded a high-level probe into the alleged scam in paddy procurement.Rejecting the pleas of ministers Vijay Kumar Choudhary and Shrawan Kumar in the assembly that the government was ready for discussion and BJP should raise it as per the rules, leader of opposition Nand Kishore Yadav said had the government been serious, it would have tagged the cooperatives issue (administrative body of PACSs for paddy procurement) instead of panchayati raj with the debate on the 3rd supplementary budget.
He requested Speaker Uday Narayan Chaudhary to accept the adjournment notice by BJP members. But, the Speaker rejected the notice."The CM's fast on land acquisition bill was to divert the attention of farmers who are angry with the government as PACSs (primary agriculture cooperative societies) have stopped buying paddy because they lack storage facility as the FCI godowns were already full," Yadav told the media after the House adjournment, adding only 12.5 lakh tonnes of paddy had been procured so far against the target of 30 lakh tonnes by March 31. He said the government was benefiting middlemen at the cost of 76% farmers who had to sell their paddy at a throwaway price to brokers
."Only 8.98 lakh tonnes of paddy could be procured through PACSs and 3.5 lakh tonnes through the state food corporation against the target of 24 lakh tonnes and 6 lakh tonnes respectively by the two agencies," Yadav said, adding the CM was evading the issue as the government would be in the dock as it had no defence for poor paddy procurement in the state.Sasaram MLA Jawahar Prasad said farmers in his area, known as rice bowl of the state, were on the verge of starvation because they were unable to sell their paddy. Now, rabbi buying season has arrived. BJP MLA Prem Kumar gave an adjournment notice, which the Speaker rejected.Mahishi MLA Abdul Gafoor, through a call attention notice, demanded opening of a bank branch as there was none in a radius of five kilometres of Bhelahi village under Mahishi block.
In Council, BJP member Satyendra Narain Kushwaha moved an adjournment notice. Mangal Pandey, Nawal Kishore Yadav, Rajnish Kumar, Sanjay Mayukh, Lal Babu Prasad and Kushwaha trooped into the well and started shouting antigovernment slogans.Leader of opposition in the Upper House Sushil Kumar Modi said the government has not paid farmers the bonus of Rs 300 per quintal of paddy procured as announced by it. Modi also demanded a CBI inquiry into the rampant corruption in the state food corporation.
Crop Insurance Briefings Shed Light on Complex Programs    
Don't snatch it away
WASHINGTON, DC -- Anticipating attacks from the far left and far right, the Senate and House Agriculture Committees last week hosted Crop Insurance 101 briefings where producer and crop insurance industry representatives were on hand to educate staff on the history, issues, and complexities of the programs.
 USA Rice Federation joined a broad coalition of commodity groups that helped promote the briefings that were widely attended by Congressional staff.The current success of the federal crop insurance program reflects Congressional effort to provide availability and affordability, thus improving actuarial performance, raising farm coverage, promoting farm financial stability, and avoiding costly ad hoc disaster assistance.
The House briefing included presentations from Dr. Keith Collins with National Crop Insurance Services, Christy Seyfert who offered a company perspective on behalf of Rural Community Insurance Services, Tom Sell on behalf of the Crop Insurance Professionals Association, Sam Willett with the National Corn Growers Association for producer perspective, and Brandon Willis, the U.S. Department of Agriculture's Administrator for Risk Management Agency. "These briefings were timely as both Chambers release budget proposals this week which could open the door for harmful amendments that aim to undermine the farm safety net," said USA Rice Vice President of Government Affairs Ben Mosely who attended the House briefing.
 "Agriculture interests will need to stick together to fight off potential amendments."Matt Schertz, the policy director for the House Agriculture Committee said, "With fewer voices representing rural America in Congress, it is important to educate Congressional staff on issues vital to farmers and ranchers.  We appreciate the efforts of USA Rice and other members of the Crop Insurance Working Group for taking the time to explain just how essential crop insurance is to our agricultural producers."
 Contact:  Julie Vieburg (703) 236-1467
Conservation Stewardship Program Renewal Deadline March 31  
NRCS Chief Jason Weller (l) talks conservation projects with Mississippi producer Buddy Allen during last month's USA Rice Government Affairs Conference
WASHINGTON, DC -- Eligible agricultural producers and forest landowners who wish to renew expiring Conservation Stewardship Program (CSP) contracts must have their renewals completed by Tuesday, March 31, 2015.  The renewal process is optional but benefits CSP participants with expiring contracts because it is non-competitive. In order to renew, an agricultural producer or forest landowner must meet the minimum criteria established by the U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS).
Contract renewal also offers these agricultural producers and forest landowners an opportunity to add new conservation activities to meet their conservation goals and protect the natural resources on their farms, forests or ranches.The 2014 Farm Bill includes an expanded conservation activity list that offers producers more options to address natural resource challenges.  New conservation activities include cover crops, intensive rotational grazing and wildlife-friendly fencing.NRCS Chief Jason Weller said, "CSP producers are established conservation leaders who work hard at enhancing natural resources on private lands.  This contract renewal period will provide greater opportunities for these conservation stewards to voluntarily do even more to improve water, air and soil quality and enhance wildlife habitat on their operations."
 Contact:  Ben Mosely (703) 236-1471
CME Group/Closing Rough Rice Futures 
CME Group (Prelim):  Closing Rough Rice Futures for March 17
Month
Price
Net Change

May 2015
$10.625
+ $0.100
July 2015
$10.870
+ $0.095
September 2015
$10.985
+ $0.090
November 2015
$11.145
+ $0.080
January 2016
$11.295
+ $0.085
March 2016
$11.295
+ $0.085
May 2016
$11.295
+ $0.085


Dick Bell: Leader in U.S. rice and ‘effective public servant’

Mar 16, 2015by Hembree Brandon in Farm Press Blog
Although Dick Bell was a “Yankee” by birth (Illinois), and he never really lost his accent during his decades in Arkansas, he was the consummate southern gentleman: gracious, soft-spoken, always showing a keen interest in those with whom he interacted.The Agricultural Council of Arkansas’ Twitter post last Friday evening characterized Dick Bell quite elegantly: “Great man, great intellect, great leader.
”Dick’s death last week brought to a close a life of much accomplishment, not just for the rice industry — where for almost three decades he led Riceland Foods as the world’s largest rice miller and one of the region’s largest processors of soybeans — but in the broader arena of national and international agricultural policy.Although he worked for years in bureaucratic circles — as an agricultural economist with the USDA’s Foreign Agricultural Service, as an assistant agricultural attaché in Ottawa and Brussels, as ag attaché for the American Embassy in Dublin, and as Assistant Secretary of Agriculture for International Affairs and Commodity Programs — he was as un-bureaucratic as you could ask for.
He had a knowledge of agricultural policy and economics that bordered on encyclopedic, and could more than hold his own with members of Congress or Capitol Hill leaders, but he had a marvelous (and enviable) knack for distilling the brain-numbing minutiae of government programs and policy into language the average man could comprehend.Although Dick was a “Yankee” by birth (Illinois), and he never really lost his accent during his decades in Arkansas, he was the consummate southern gentleman: gracious, soft-spoken, always showing a keen interest in those with whom he interacted.
I crossed paths with him often over the years, at one meeting or another, and he invariably would make it a point to come and chat with me and other members of the media, and no matter which of our Farm Press editors was covering his comments, he would, a twinkle in his eyes, manage to work in a reference during his talk to something we’d written, as if he followed our scribblings religiously. He further endeared himself to those of the media by always making himself available when we needed information or cogent comments about ag policy or markets. Much has been written about Dick’s careers with USDA/FAS, with Riceland Foods, and later, after his retirement, as Arkansas’ first Agriculture Secretary.
Former Gov. Mike Huckabee, who appointed him to that post, said following his death, “With his vast knowledge of the entire agricultural landscape, and the respect he earned from everyone in the agri-world, there was no one I could think of who was better suited for the job. He was a hard-working, conscientious, and effective public servant.”In an era when government and government service are often reviled, Dick would, I think, have liked that label: effective public servant.U.S. rice and U.S. agriculture are the better for his lifetime of service, and on his passing can remember with gratitude his many contributions.
A Google Hangout in Celebration of National Ag Day
Posted by Rachael Dubinsky, USDA Office of Communications, on March 16, 2015 at 11:20 AM
Join Deputy Secretary Krysta Harden on Wednesday March 18 at 2 p.m. for a Google Hangout with Dr. Linda Young, Chief Mathematical Statistician and Director of Research and Development of USDA’s National Agricultural Statistics Service, and Marji Guyler-Alaniz, photographer and founder of FARMHER as we celebrate women farmers and ranchers on National Ag Day. You can tune in at www.usda.gov/live.The Census of Agriculture counts nearly one million women working on America’s farms and ranches. These statistics are crucial for our understanding of women in agriculture.  However,  they only tell a fraction of the story.
They might not capture women who are working the farm although the property is in someone else’s name.  They might not reflect the younger women who are just getting started in farming, or the older generation of women who are ready to transition their land to the next generation.The discussion will be about how women are represented in agriculture – both in statistics and in images.  We will talk about USDA efforts to collect better statistics about women in agriculture to reflect the work women are doing on the farm, and learn about photography projects documenting farmers.  We will also be taking your questions.  Use #womeninag to join the conversation about women in agriculture.
You can also send your questions in advance to agwomenlead@usda.gov.Last month, Deputy Secretary Harden announced the Women in Agriculture Mentoring Network as a place for women in agriculture to support and engage women across all areas of agriculture and to connect women with shared backgrounds, interests, and professional goals. Since then, we’ve heard from hundreds of diverse women who are counting themselves as part of America’s agricultural community.March is also Women’s History Month, and to celebrate, USDA has been interviewing women leaders across the agricultural sector. Read the first two stories on the USDA Blog and stay tuned for more throughout the month of March. You can join the network and join the conversation about the many diverse faces of #womeninag.

Drought descends over rice fields
Water pumps in an irrigation canal provide water for farmland in Tambon Sanamklee of Suphan Buri's Muang district. (Photo by Thanarak Khunton)
With the searing heat and drought extending over large swaths of farmland in Suphan Buri, many local farmers see no hope of growing off-season rice crops to sustain their income.Along irrigation canals in several districts, water pumps are lined up side by side to siphon water into small, feeder canals, where water will be stored for farm use in the next two months.But there is no telling if the water supply will be enough to last them that long.Farmers are uncertain whether irrigation authorities would open sluice gates to release more water in the near future as the drought appears to be more severe and it arrived earlier than communities expected.
"Farmers in Nong Yasai and nearby districts knew in advance they might not be able to grow off-season rice two years in a row," Kraison Kaewruang, the 42-year-old village headman of Moo 5 in Nong Yasai district's tambon Nong Pho.Mr Kraison said not much rain fell this year over the Kra Seaw dam, one of the main water sources.Even if market sales fetched 10,000 baht per tonne, the risk of planting rice and seeing it wilt from drought is simply too much of a gamble, he said."The irrigation authorities wouldn't supply us with water for sure.
''Farmers already have a hard time earning a living because they cannot grow rice year round, yet constantly shoulder their daily living expenses, Mr Kraison said.Now, growers may have to refrain from working the fields for the next nine months.They hope the water released from the Kra Seaw dam will be enough to feed livestock or quick-growing crops, which can be eaten or sold on the side to supplement their income, he said.Mr Kraison said the drought would hit 4,800 rai of sugar cane and rice farms belonging to 156 households in his village. He said rice and sugar cane need at least four rounds of irrigation water per season — now a pipe dream as the dam is being rapidly depleted of water.Some growers, he said, are forced to dig wells to get water for their farms. According to Mr Kraison, an idea was earlier floated that water should be siphoned from the main Srinagarind dam to Doembang Nangbuat and Nong Yasai districts for agricultural use.
It was eventually scrapped as the pipe has to go through a natural World Heritage site where any man-made construction is banned, he said.Wilaiwan Robkob, a 37-year-old sugar cane grower in tambon Thap Luang of Nong Yasai district, said the drought is particularly severe this year.She and her neighbours, who own 100 rai of land between them, spent tens of thousands of baht installing pipes to draw water from an irrigation canal several hundred metres away. The pipe installation is necessary because the irrigation system does not reach his farm, he said. Sugar cane is also affected by drought although it needs less water than rice to grow.The drought leaves the canes thin and lowers their market value."It's even hard now to find water for bathing. Drinking water has to be drawn from our underground water system, which is not ideal," said Ms Wilaiwan.Pratuan Masomphan, a 42-year-old resident of tambon Talingchan of Muang district, and dozens of his neighbours grapple with siphoning water from the irrigation canal onto their land to feed livestock. The water stock could run out before May, he said. This is despite the fact that irrigation authorities released water from the Chao Phraya dam to Khlong Makham Thao in Suphan Buri for two days. "We wouldn't dare grow rice even if the price had gone up," said Mr Pratuan."Some people took the risk last year and went broke because there just wasn't enough water," he added.
Mr Pratuan said the tambon administration and irrigation officers are rationing water to prevent community conflicts. But Pathum Ruennarong, 76, and his wife Prang Srisamran, 79, in tambon Phlapphla of Song Phi Nong district, took the risk and grew rice.They said they did not know what else to do. Luckily, their 50-rai rice field leased from a Bangkok landlord is close to a reservoir, though they also worry about the supply as they fear they will run out before they get a chance to harvest."Water must be pumped into the rice field every 15 days. We're afraid it may not be enough until harvesting time in May," Mrs Prang said.Farmers expect yields to drop by 40% this year.Prices have hit an all-time low, between 6,500-7,000 baht per tonne, while leasing land costs up to 2,500 baht per rai."If the prices stay this low, we are in for very meagre profits or even losses," Mrs Prang said.

Courtesy:The Bangkok Post
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Tuesday, March 17, 2015

17th March (Tuesday) ,2015 Daily Exclusive ORYZA Rice E_Newsletter by RiceplusMagazine

Description: Description: Description: http://oryza.com/sites/default/files/field/image/150316ricefarmer.jpgVietnam, Thailand Plan to Jointly Develop Sustainable Rice Markets

Mar 16, 2015
Agriculture Ministers of Thailand and Vietnam, who met in Hanoi on March 12, 2015, have decided to work closely to develop sustainable rice markets in order to increase the quality and value of rice production in the long-run, according to local sources.
Thailand and Vietnam together contribute to over half of global rice exports.The Thai Agriculture Minister noted that rice prices in both Thailand and Vietnam have been declining despite both being the world's biggest rice exporters due to competitive global prices. Since Vietnam and Thailand grow similar types of rice, the Thai Minister suggested that both the governments could work together and design a long-term strategy by defining common grain standards, quality and prices.The Vietnam Agriculture Minister reiterated the government's intention to jointly work with Thailand to derive long-term benefits.

EU Project Uses Space and Sensory Technology to Boost Rice Yields

Mar 16, 2015
The European Union (EU) funded project ERMES is developing new models for monitoring rice crops through advanced information, including early warnings of possible threats, and there by boost rice yields, according to a notice on the EU website.The project aims at integrating innovative remote sensing and crop modelling techniques to assist farmers and authorities in rice cultivation and monitoring activities. The data collected will be used to develop two web-based services - Local Rice Service (LRS) and a Regional Rice Service (RRS) - to improve rice production in Europe.
The project mainly aims to reduce production costs, achieve efficiencies and minimize the impact of rice production on environment.The LRS provides value added information for farmers on yields ad crop damages to farmers as well as help them in using the right amount of fertilizers depending on the variety of rice seed used. Customized smart applications for mobile phones and tablets are being developed to aid the farmers benefit from these services.The RRS is a customized agro-monitoring resource for crop mapping, yield estimating and risk forecast for a particular region.
The project is coordinated by the Institute on Electromagnetic Sensing of Environment (CNR-IREA), and involves partners of four European countries (Greece, Spain, Italy, Switzerland) with strong expertise in different scientific domains, such as: Remote Sensing, Crop Modelling, Agronomy and Information and Communication Technology. 

USDA Forecasts 2014-15 Global Milled Rice Production at 474.9 Million Tons, Slightly Down from Previous Year

Mar 16, 2015
Description: Description: Description: http://oryza.com/sites/default/files/field/image/150316riceoutlookprod.jpg
In its March Rice Outlook report, USDA has forecasted 2014-15 global milled rice production at around 474.9 million tons, slightly down from an estimated 476.96 million tons in 2013-14, and slightly up from its last month's estimates of around 474.6 million tons. Most of this year's decline is due to expected decline in South Asia rice production, according to the U.S. agency. USDA estimates East Asia and Southeast Asia to harvest record or near-record rice crops in 2014-15, while it  forecasts a little change in production levels of South America and Sub-Saharan Africa.
In the latest report, USDA increased its production estimates for India 2014-15 rice production by around 500,000 tons to around 102.5 million tons due to expected larger Rabi crop (November - May), which accounts for about 15% of India's total production. Harvesting of Rabi crop is likely to begin this month. USDA also raised its production estimates for Sri Lanka based on government's reports of a higher Maha crop (September - March), which accounts for nearly 70% of Sri Lanka's rice production. However, USDA lowered its production estimates for Thailand due to a reduction in harvested area of dry season crop, which accounts for about 25-30% of Thailand's total production, by about 18%, due to ongoing drought conditions.
USDA forecasts 2014-15 global rice acreage at around 159.6 million hectares, slightly down from last year's 160.8 million hectares, and slightly down from its previous month's estimates of around 160.2 million hectares due to an expected y/y decline in Thailand and India rice acreage. It has forecasted the average global yield at 4.43 tons per hectare (on rough rice basis), almost unchanged from last year as well as last month's projections.
USDA estimates 2014-15 global rice consumption and residual use at a record 483.7 million tons, up about 2.9 million tons from last year, and up about 500,000 tons from an estimated 483.2 million tons last month. Major increases in consumption and residual use are expected in Bangladesh, China, India, Indonesia, Nigeria, the Philippines, and the U.S.
The U.S. agency estimates 2014-15 global rice ending stocks at around 97.6 million tons, down about 8% from an estimated 106 million tons last year and down about 600,000 tons from last month's projection of about 98.2 million tons. USDA estimates lower ending stocks in India, Indonesia and Thailand but higher stocks in the Philippines and the U.S. It estimates 2014-15 global stocks-to-use ratio at 20.2%, down from last year's 22.1%.  

Thailand to Set Up Two Panels to Investigate G2G Rice Deals

Mar 16, 2015
The government of Thailand has decided to set up two investigative panels to probe for alleged corruption in government-to-government (G2G) deals as part of the rice pledging scheme introduced by the former Prime Minister Yingluck Shinawatra, according to local sources. The scheme offered to pay farmers nearly 50% over the market prices.The probe comes after the National Anti-Corruption Commission (NACC) advised the Ministry to file civil suits against the 21 accused individuals, including the former Commerce Minister, the former Deputy Commerce Minister as well as 19 high-level officers and private sector employees, for alleged corruption in G2G rice deals with China.
Two panels will be set up within the next ten days and the investigation is likely to be completed by September 1, 2015. If the panels find the accused officials guilty of "deliberate or serious reckless acts" aimed at taking advantage of their positions under the Act on Liability for Wrongful Acts of Officials, compensation would be sought from them, and if the panels find no grounds of corruption, the government may not recover any damages from the officials, a Finance Ministry source was quoted as saying.
Description: Description: Description: http://oryza.com/sites/default/files/field/image/150316thairice.jpgOne panel is attached to the Finance Ministry and will carry out probe related to the former PM. The other panel is attached to the Commerce Ministry and will investigate the case linked to the former Commerce Minister and his Deputy, according to local sources.The Finance Ministry source reportedly stated that the case is the first of its kind, which aims to recover damages from officials executing government policy. It also stated that the case would create some sort of fear in state officials in the future.
Last month, the Thai Attorney General has filed criminal charges against the former PM for alleged negligence in overseeing the rice pledging scheme, which brought losses to the extent of 600 billion baht (around $18 billion) to the government. Estimated losses include depreciation of rice stocks as well as missing stocks from warehouses, according to local sources. The Supreme Court will decide on March 19, 2015 whether to pursue the criminal case against the former PM.

Philippines Plans to Review Rice Import Policy

Mar 16, 2015
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The National Economic and Development Authority (NEDA) has decided to review the government's agriculture policy especially with regard to rice imports and the quantitative restriction (QR) regulations, local sources quoted the NEDA Director General (DG) as saying.Speaking at a media briefing, the NEDA DG, who is also the country's Chief Economist and Socioeconomic Planning Secretary, reportedly noted that the decision has been taken by the Economic and Development cluster of the Cabinet. He noted that the government was considering to repeal the Agricultural Tariffication Act of 1996, RA No.8178, under which QRs were imposed on rice imports.
He also noted that the related government agencies, including the Department of Agriculture (DA) have agreed to come up with proposals to eventually scrap the QR system. A technical working group would be set up to study the benefits and risks associated with the QR regime in rice imports as well as come up with measures to stabilize prices.The Chief Economic Secretary noted that QRs on rice were leading to imbalance between demand and supply of rice leading to spike in prices. Last week, he suggested the government to remove QRs on rice imports to stabilize rice prices in the country. He slammed the government's decision to seek extension of the QRs on rice imports at the World Trade Organization (WTO) in order to protect the local rice sector from foreign competition.
Last year, the WTO allowed the Philippines to extend the QRs until 2017. Under the new QR policy, the Philippines can import 805,200 tons of rice under the minimum access volume (MAV) of at 35% duty. Imports above the MAV will attract 50% duty.He noted that the government should allow private sector to determine prices and also suggested that the government needs to monitor the supply of demand for rice to avert upward pressure on prices. He also noted that the government should focus on initiatives such has better irrigation systems and latest agricultural technologies to increase rice production and farmers' incomes.The National Food Authority (NFA) has decided to import 200,000 tons of rice from Thailand and 300,000 tons of rice from Vietnam under government-to-government (G2G) deals to ensure adequate stocks ahead of the lean season as well as to curb price hikes. The NFA imported over 1.4 million tons of rice last year.

Description: Description: Description: http://oryza.com/sites/default/files/field/image/150316bangladeshpaddyfield.jpgGovernment of Bangladesh Estimates 2014-15 Aman Rice Output at 13.189 Million Tons; Up 1.3% from Last Year

Mar 16, 2015

The government of Bangladesh has estimated the total output from 2014-15 Aman rice crop (April - December) at around 13.189 million tons, up about 1.3% from around 13.023 million tons produced in 2013-14, according to local sources.The estimates were worked out last week at a meeting of senior officials of Agriculture Ministry, Department of Agricultural Extension (DAE), Bangladesh Bureau of Statistics (BBS) and Space Research and Remote Sensing Organization (SPARSO). The meeting also estimated the 2014-15 Aman paddy yield at around 2.385 tons per hectare.
Harvesting of 2014-15 Aman rice completed in December and the government procured around 319,977 tons of 2014-15 Aman (April - December) rice as of February 28, 2015, according to the Food Ministry data.Harvesting of the ongoing 2015 Boro rice crop (January - May) will complete by the end of May and the government is expecting a total output of around 19 million tons, up about 2% from around 18.78 million tons produced in 2014. The government is planning to procure around one million tons of Boro paddy and around 100,000 tons of Boro rice between May 1 - August 31, 2015. The government procured around 1.06 million tons of paddy and rice in 2014.
Bangladesh produced around 34.449 million tons of rice, basis milled, in FY 2013-14 (July - June), up about 2.7% from around 33.833 million tons produced in FY 2012-13, according to DAE data.USDA estimates Bangladesh to produce around 34.6 million tons of milled rice in MY 2014-15 (May - April), up about 1% from an estimated 34.39 million tons in MY 2013-14. It estimates Bangladesh to import around 600,000 tons of rice in 2015, down about 20% from an estimated 751,000 tons in 2014. 

Thailand, Pakistan Rice Sellers Lower Their Quotes Today; Other Asia Rice Quotes Unchanged

Mar 16, 2015
Thailand rice sellers lowered their quotes for 5% broken rice and parboiled rice by about $10 per ton and about $15 per ton respectively to around $385 - $395 each today. Pakistan rice sellers lowered most of their quotes by about $5 - $10 per ton today. Vietnam and India  rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $385 - $395 per ton, down about $10 per ton from Friday and about a $20 per ton premium on Vietnam 5% rice  shown at around $365 - $375 per ton. India 5% rice is indicated at around $390 - $400 per ton, about a $45 per ton premium on Pakistan 5% rice shown at around $345 - $355 per ton, down about $5 per ton from Friday.
25% Broken Rice
Thailand 25% rice is shown at around $370 - $380 per ton, about a $30 per ton premium on Vietnam 25% rice shown at around $340- $350 per ton. India 25% rice is indicated at around $360 - $370, about a $50 per ton premium on Pakistan 25% rice shown at around $310 - $320 per ton, down about $5 per ton from Friday.
Parboiled Rice
Thailand parboiled rice is indicated at around $385 - $395 per ton, down about $15 per ton from Friday. India parboiled rice is indicated at around $380 - $390 per ton, about $5 per ton discount to Pakistan parboiled rice shown at around $385 - $395 per ton, down about $10 per ton from Friday.
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $320 - $330 per ton, about a $15 per ton premium on Vietnam 100% broken rice shown at around $305 - $315 per ton. India's 100% broken rice is shown at around $275 - $285 per ton,  about a $5 per ton discount to Pakistan broken sortexed rice shown at around $280 - $290 per ton, down about $10 per ton from Friday.

Oryza Overnight Recap – Chicago Rough Rice Futures Lower Overnight Despite Firmer Grains to Begin the Weeek

Mar 16, 2015
Chicago rough rice futures for May delivery are currently listed 11 cents per cwt (about $2 per ton) lower at $10.470 per cwt (about $231 per ton) during early floor trading in Chicago. The other grains are seen trading higher this morning: soybeans are currently seen about 0.2% higher, wheat is listed about 1.1% higher and corn is currently noted about 0.2% higher.U.S. stocks opened higher on Monday, as investors eyed weakness in the dollar and oil prices ahead of Wednesday's key Fed meeting.
 The U.S. dollar index fell about half a percent on Monday after gaining nearly 3 percent in the last week as the euro fell to 12-year lows below $1.05. Crude oil extended losses to dip below $44 a barrel, a six-year low, while Brent fell below $54 a barrel. U.S. stocks mostly sold off last week amid more than 1% swings as investors weighed the implications on an interest rate hike from the dollar surge and mixed economic data. In the lull before companies begin reporting first-quarter earnings in mid-April, few firms post results this week. Economic data is also light, with the housing market index the only key report expected during Monday's trading session.
Before the bell, the Empire State Index posted 6.90 for March, below February's 7.78. Industrial production rose 0.1% in February, below expectations, with capacity utilization slightly lower at 78.9%. Gold is currently trading about 0.4% higher, crude oil is seen trading about 1.7% lower,  and the U.S. dollar is currently trading about 0.7% lower at 8:00am Chicago time.

Japan Exporters Launch "This is Japan Quality" Mission to Boost Rice Exports

Mar 16, 2015
The Japan Rice and Rice Industry Export Promotion Association has launched the "This is Japan Quality" initiative jointly with the Agriculture Ministry to boost rice exports by highlighting the merits of Japanese rice, according to local sources.The exporters are initially focusing on increasing rice exports to Singapore before expanding exports globally, the Association's Chairman was quoted as saying. Singapore has been chosen so as to take advantage of the Singaporeans' appetite for Japanese cuisine, he said. The Chairman added they are planning to use the high income nation as a "strategic springboard" to expand Japanese culinary culture in Southeast Asia and spur interest in Japanese rice products.Japan exported around 1,200 tons of rice worth around 370 million yen (around $3 million) to Singapore last year.
The Association has also launched a logo for Japanese rice and rice products as well as website containing information on Japanese rice. Buyers can track information of various rice varieties based on the QR codes on the packages.Japan rice export market is about 1.4 billion yen (around
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$11.5 million) and the government is keen on increasing the export value of rice and rice products to around 60 billion yen (around $495 million) by 2020, the Director General for crop production at the Agriculture, Forestry and Fisheries Ministry was quoted as saying. Declining rice consumption in Japan is cited as one of the reasons for promoting exports of rice and rice products, say local sources.

Oryza U.S. Rough Rice Recap - Prices Stable amid Limited Trade; Export Bids Getting Zero Attention

Mar 16, 2015
The U.S. cash market was uneventful today as most buyers and seller remain uninterested in trading this market.There are reports of some small lots trading around $10.75-$11.00 per cwt (about $237-$243 per ton) delivered mill for nearby however most sellers are looking to net $11.11 per cwt (about $245 per ton) fob farm.As for export bids, most looking to buy around $10.00-$10.15 per cwt (about $220-$224 per ton) delivered river however there is zero sell interest at that level. 

Oryza Afternoon Recap - Chicago Rough Rice Futures Dragged Lower along with Corn and Beans by Falling Crude; Wheat Rallies as Traders Turn Attention to Lack of Moisture

Mar 16, 2015
Chicago rough rice futures for May delivery settled 5.5 cents per cwt (about $1 per ton) lower at $10.525 per cwt (about $232 per ton). The other grains closed lower except for wheat which rallied as concerns grow over a lack of moisture in key growing regions; Soybeans closed about 0.5% lower at $9.6925 per bushel; wheat finished about 2.4% higher at $5.1400 per bushel, and corn finished the day about 0.4% lower at $3.7900 per bushel.
U.S. stocks traded higher on Monday as investors eyed weakness in the dollar and oil prices ahead of Wednesday's key Fed meeting. The U.S. dollar index fell nearly 1% on Monday to trade below 100. The index gained nearly 3% in the last week as the euro dipped to 12-year lows below $1.05. The Dow Jones industrial average briefly gained more than 200 points as all the major indices advanced to trade in the black for the year.
The Federal Open Market Committee holds its March meeting over the next two days, with the release of its statement on Wednesday. Investors are watching to see if the key word "patient" remains in the statement, an indication of when short-term interest rates might go up. Before the bell, the Empire State Index posted 6.90 for March, below February's 7.78. Industrial production rose 0.1% in February, below expectations, with capacity utilization slightly lower at 78.9%.The Dow Jones industrial average traded up 180 points, or 1.02%, at 17,929.
The S&P 500 traded up 20 points, or 1.00%, at 2,073, with utilities leading nine sectors higher and materials the greatest laggard. The Nasdaq traded up 41 points, or 0.84%, at 4,912. Gold is trading about 0.1% higher, crude oil is seen trading about 2.8% lower, and the U.S. dollar is seen trading about 0.8% lower at about  1:00pm Chicago time.Friday, there were 270 contracts traded, down from 610 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday decreased by 1 contract to 8,978.
 Global Rice Quotes
March 16th, 2015

Long grain white rice - high quality
Thailand 100% B grade           400-410           ↓
Vietnam 5% broken     365-375           ↔
India 5% broken          390-400           ↔
Pakistan 5% broken     345-355           ↓
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken 425-435           ↔
U.S. 4% broken           480-490           ↔
Uruguay 5% broken    580-590           ↔
Argentina 5% broken   570-580           ↔

Long grain white rice - low quality
Thailand 25% broken 370-380           ↔
Vietnam 25% broken   340-350           ↔
Pakistan 25% broken   310-320           ↓
Cambodia 25% broken            410-420           ↔
India 25% broken        360-370           ↔
U.S. 15% broken         470-480           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd             385-395           ↓
Pakistan parboiled 5% broken stxd      385-395           ↓
India parboiled 5% broken stxd           380-390           ↔
U.S. parboiled 4% broken       555-565           ↔
Brazil parboiled 5% broken     570-580           ↔
Uruguay parboiled 5% broken             NQ       ↔
Long grain fragrant rice
Thailand Hommali 92%           895-905           ↔
Vietnam Jasmine         455-465           ↔
India basmati 2% broken         NQ       ↔
Pakistan basmati 2% broken    NQ       ↔
Cambodia Phka Mails 790-800           ↔
Brokens
Thailand A1 Super       320-330           ↔
Vietnam 100% broken             305-315           ↔
Pakistan 100% broken stxd     280-290           ↓
Cambodia A1 Super    345-355           ↔
India 100% broken stxd          275-285           ↔
Egypt medium grain brokens   NQ       ↔
U.S. pet food   380-390           ↔
Brazil half grain           NQ       ↔
All prices USD per ton, FOB vessel, oryza.com


Oryza Afternoon Recap - Chicago Rough Rice Futures Dragged Lower along with Corn and Beans by Falling Crude; Wheat Rallies as Traders Turn Attention to Lack of Moisture

Mar 16, 2015
Chicago rough rice futures for May delivery settled 5.5 cents per cwt (about $1 per ton) lower at $10.525 per cwt (about $232 per ton). The other grains closed lower except for wheat which rallied as concerns grow over a lack of moisture in key growing regions; Soybeans closed about 0.5% lower at $9.6925 per bushel; wheat finished about 2.4% higher at $5.1400 per bushel, and corn finished the day about 0.4% lower at $3.7900 per bushel.U.S. stocks traded higher on Monday as investors eyed weakness in the dollar and oil prices ahead of Wednesday's key Fed meeting. The U.S. dollar index fell nearly 1% on Monday to trade below 100.
 The index gained nearly 3% in the last week as the euro dipped to 12-year lows below $1.05. The Dow Jones industrial average briefly gained more than 200 points as all the major indices advanced to trade in the black for the year. The Federal Open Market Committee holds its March meeting over the next two days, with the release of its statement on Wednesday. Investors are watching to see if the key word "patient" remains in the statement, an indication of when short-term interest rates might go up. Before the bell, the Empire State Index posted 6.90 for March, below February's 7.78. Industrial production rose 0.1% in February, below expectations, with capacity utilization slightly lower at 78.9%.

The Dow Jones industrial average traded up 180 points, or 1.02%, at 17,929. The S&P 500 traded up 20 points, or 1.00%, at 2,073, with utilities leading nine sectors higher and materials the greatest laggard. The Nasdaq traded up 41 points, or 0.84%, at 4,912. Gold is trading about 0.1% higher, crude oil is seen trading about 2.8% lower, and the U.S. dollar is seen trading about 0.8% lower at about  1:00pm Chicago time.Friday, there were 270 contracts traded, down from 610 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday decreased by 1 contract to 8,978.


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