Thursday, May 21, 2015

20th May (Wednesday),2015Daily Global Rice E-Newsletter by Riceplus Magazine

Govt not planning to stop ST15 rice subsidy programme
Published on: Wednesday, May 20, 2015            

Kuala Lumpur: The government is not planning to stop the ST15 rice subsidy programme yet so as to protect the interest of various parties, including 15,000 grocers nationwide.Deputy Agriculture and Agro-based Industry Minister Datuk Seri Tajuddin Abdul Rahman said the ministry appreciated views and recommendations on the rice subsidy programme, but also took into account the impact on related parties if the programme was stopped."Firstly 15,000 grocery stores nationwide, secondly 2,400 wholesale workers, 865 rice wholesalers including 607 Bumiputera small traders, 43 Bumiputera rice millers and 35,000 farmers who receive direct supply of ST15 under the 20kg quota per month," he said. Gooi asked whether the government would review the subsidy programme following recommendation from the Public Accounts Committee (PAC) to suspend the subsidy programme for failing to benefit the poor.

Tajuddin said the ministry, however, would continue to monitor and scrutinise the programme from time to time through the establishment of the Paddy and Rice Industries Affairs Main Committee, which comprise the ministry's permanent representatives, its agencies and Farmers' Organisation Authority. "The committee is responsible to consider the ST15 rice quota to wholesalers. A technical committee will also be set up to inspect and evaluate the wholesalers from time to time," he said.On alleged distribution leakages, Tajuddin said 60,000 tonnes of ST15 rice produced would be distributed to wholesalers for onward distribution to retailers nationwide, every month.

"We don't think there are leakages because the wholesalers cannot keep the rice, if 60,000 tonnes for a month, how much for two or three months? They will not want to keep such a big amount of rice," he said.Tajuddin said that if any elected representatives had evidence of fraud in the sale of ST15, they can directly lodge a complaint to the ministry or the Malaysian Anti-Corruption Commission (MACC).However, Tajuddin admitted that there were some weaknesses in the delivery system, especially in Sabah and Sarawak, with limited access problem to rural areas as well as the lack of personnel to carry out enforcement and monitoring activities.In addressing the smuggling problem of ST15 rice to neighboring countries, especially Indonesia, Tajuddin has asked leaders at the grassroots to play a proactive role to assist the ministry to curb such problems. - Bernama
http://www.dailyexpress.com.my/news.cfm?NewsID=99909

Access to finance limits export potential for millers

Wed, 20 May 2015
Cambodian rice exports have grown year-on-year since 2009 but have fallen well short of reaching the government’s 1 million tonne annual target, with experts saying that limited access to finance, warehousing and logistical support are holding back the potential of rice millers.According to the Economic and Social Survey of Asia and the Pacific 2015, published by the UN Economic and Social Commission for Asia and the Pacific (UNESCAP), despite the 3 million tonnes of paddy available for processing in Cambodia, it will not reach the 1 million tonnes export mark in 2015 and will need to invest in scaling up milling capacity and irrigation facilities.David Van, adviser to the Cambodia Rice Federation, said that while government figures for paddy production are probably inflated, the issue wasn’t the sector’s capacity to mill this paddy, but rather access to finance.
“Big impediment is not in milling capacity but in working capital of millers and exporters to buy paddy and compete with mainly Vietnamese brokers with deep pockets and plenty of cash provided by the Vietnamese government,” Van said.The problem stems from millers and exporters’ ability to get finance, Van said, with the government and donor partners failing to address the issue for years, though there was some assistance from the private sector.“Now we’re seeing more commercial banks, like ANZ Royal and Acleda, focusing on establishing some ‘paddy banks’, trying to team up with millers using a warehousing receipt concept - to use paddy as collateral,” Van added.
While there is some access to financing, it was more difficult to attain when compared to neighbouring Vietnam and Thailand, who are aided by local subsidies to buy paddy from Cambodia, said Kunthy Kann, CEO of rice miller Brico.“Vietnam and Thailand have government subsidies or warehouse facilities to buy during the season, so whatever is left after buying by local [Cambodian] millers goes to these countries,” Kann said.He added that the lack of financing and warehousing make it difficult for local millers to stock up all the rice available in November or December, given that Cambodia has only one harvest window.While the sector currently has the potential to produce 1.5 million tonnes of exportable rice, the mills are working at only 30 to 40 per cent average capacity a year due to low stockpiles, Kann said.
“Each miller has to have a lot of working capital to buy the paddy and have a huge warehouse facility, because the harvest is about eight weeks. This means you have to be able to collect as much as you can,” he added.Kann said that logistical costs, like using road transport instead of railways, to get rice to the ports was an additional cost that takes away from their limited capital spending.Charles Vann, executive vice president at Canadia Bank, said that private banks have been supporting rice exporters and millers with financing and collateral management, adding that the onus was on the borrower to meet bank criteria for loans.
“If they do not [have] access, or not have enough [access], it means that they are not qualified to [meet] the criteria. The rice miller needs to meet the banks criteria to qualify for a credit line,” Vann said.He said that it is helpful where the government can provide assistance, but for the private sector, when financing of the rice industry, collateral options would have to be a decision made by each individual bank.Cambodia’s rice exports in 2014 was a record-breaking 387,000 tonnes, but was still more than 60 per cent short of its intended 1 million mark.
Contact author: Ananth Baliga
http://www.phnompenhpost.com/business/access-finance-limits-export-potential-millers

Cuts in California rice open doors for competitors


Issue Date: May 20, 2015
By Ching Lee
Description: http://agalert.com/images/series/californiawatercrisis.jpg
Once again, California rice farmers are planting less rice due to water restrictions, while Southern rice-growing states are expanding their production of medium-grain rice, taking some of California’s markets in the process. 
Photo/Christine Souza

Description: http://agalert.com/story/images/4219_pg10_riceplant14CAS0000931.jpgWith California farmers not planting as much rice due to water restrictions, Southern rice-growing states are jumping in to fill the gap by expanding their production and taking some of the Golden State's markets in the process."You'd think with the drought and the reduced acres that things would be good, but the business went elsewhere," said Charley Mathews Jr., a rice grower in Yuba County.Although Southern states such as Arkansas and Louisiana typically grow long-grain rice and very little of the medium-grain rice that is the dominant variety in California, Southern growers are devoting more acreage to medium grain in expectation of tighter supplies from California, said Nathan Childs, an economist at the U.S.

Department of Agriculture. Higher returns for medium grain also have made it a more attractive choice for Southern growers, he added."Long-grain prices really went down last year, and so if you're a grower in the South, you look to soybeans or medium-grain rice," Mathews said, adding that newer rice varieties have allowed Southern growers to incrementally increase their medium-grain production.Southern medium-grain acreage more than doubled last year to 301,000, according to USDA, while California's total rice acreage fell 30 percent—from 567,000 in 2013 to 434,000 in 2014. Total U.S. medium-grain acreage rose 6 percent last year.

More medium-grain rice will be planted in the South again this year, as water restrictions force California farmers to decrease their plantings even further. Initial estimates from USDA indicate Southern growers intend to plant 311,000 acres of medium grain, while California farmers will grow 375,000 acres of medium grain and 408,000 acres of all rice varieties, a 6 percent reduction from 2014.California Rice Commission spokesman Jim Morris noted that the 2015 USDA estimates were made before the state's water allocations were finalized—and that California's total rice acreage will likely be lower.
While reduced plantings have had a significant impact on local communities and businesses that depend on rice farming, Mark Kimmelshue, general manager and CEO of Associated Rice Marketing Cooperative in Butte County, said those reductions "probably aren't going to have a huge effect on the world market and the price of rice."He said not only has production in other states offset the reductions in California, but the price of California rice has been relatively high compared to other rice sources in the world. He noted that Southern medium-grain rough rice (before it is milled) is now selling for $14 to $15 a hundredweight, while California medium-grain rough is $21 cwt."We haven't sold as much rice as we had in previous years," he said. "That means there's going to be more rice carried in from the 2014 crop into the 2015-16 marketing year than there has been in the past.
"Kimmelshue said while the state normally ships rice to Turkey, the country has not bought any rice from California this year; all shipments have come from the South. Likewise, Taiwan, which has been a big market for California rice, has been buying more Southern rice.Asian markets such as Japan, South Korea and Taiwan typically prefer the quality of California rice, but those are limited markets, Kimmelshue said, and right now there's much more rice in California than those markets could absorb.
Turkey, Israel, Jordan and Saudi Arabia historically have been big customers of California rice when prices were lower, but they've been turning to the Southern states' less-expensive product, he added.Mathews said the strength of the dollar has not helped, and political turmoil in the Middle East has affected sales to Libya and Syria, two of the state's biggest customers a few years ago. Turkey and Libya are two of the largest buyers of U.S. medium- and short-grain rough rice, whereas Japan, South Korea and Taiwan typically take almost two-thirds of total U.S. medium- and short-grain exports, USDA economist Childs said.Disruption at West Coast ports due to a nine-month-long labor dispute between shippers and dockworkers, which heightened last winter, also contributed to the state's increased rice stocks, Childs said.Winter is usually peak export season for rice, Mathews said, and the port slowdown affected the state's ability to ship rice to its Middle Eastern customers, who turned to Australia, a major competitor.

Rice production from Down Under had dropped off significantly during Australia's drought several years ago, but in recent years, it has made a huge comeback, Kimmelshue said. Australia not only competes with California in Middle Eastern markets but in key Asian markets of Japan, Korea and Taiwan, he added.One competitor the state doesn't have to worry much about is Egypt, once a major supplier of medium-grain rice. In recent years, the Egyptian government has been restricting rice exports in favor of keeping most of its supply for domestic consumption.Mathews said California is now catching up on its export backlog from the port slowdown, which ended in late February. He noted this summer will be a busy export season for California rice because Japan, which usually imports rice in the winter, has shifted its purchases to the summer due to the earlier disruptions at the ports."So we'll be able to move our crop, but it's just very delayed," he said.

Kimmelshue said he expects the price of rice will remain at current levels for the rest of the 2014-15 marketing year and into the 2015 crop. If the state receives plenty of rain this winter, prices could drop, because California farmers would plant more rice, increasing supplies. But if the drought continues and state rice acreage continues to fall, prices could start moving up again.Mathews said regardless of what happens in the market, his planting decisions remain the same every year because his land is not suited to growing anything but rice. Plus, his water supply is in "pretty good shape," he noted, and he has access to groundwater in some of his fields."The summertime is when things are going to get dicey, because that's when reservoirs get down to the bottom," he said. "What you don't ever want to see is somebody's crop getting shut off in the middle of summer. I've never seen it before, and we just hope it doesn't happen."(Ching Lee is an assistant editor of Ag Alert. She may be contacted at clee@cfbf.com.)
Permission for use is granted, however, credit must be made to the California Farm Bureau Federation when reprinting this item.
http://agalert.com/story/?id=8301&utm_source=USA+Rice+Daily%2C+May+19%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email

Amru nearing organic rice deal with the US

Wed, 20 May 2015
Local rice exporter Amru Rice is close to signing an agreement with an American importer to bring Cambodian organic rice to the American market, according to the rice exporter’s chief executive.Amru Rice CEO Song Saran told the Post yesterday that after analysing the US market, his company had decided to tap into the potentially vast source of customers.“We observed that more Americans are consuming organic, chemical-free rice, so that’s why we’re trying to promote our rice there and obtain a larger market share,” he said.“We are preparing to sign an agreement with an importer to promote our brand of organic rice to the retail market and reach real consumers.
”However, Saran declined to reveal the name of the American company he was dealing with due to ongoing talks.He said that plans would be finalised in June with Cambodian rice hitting the shelves in September.Amru has already tested the market by exporting a small amount of unbranded organic rice. “Before we just sold some unpackaged organic rice, so the consumers didn’t know it was made in Cambodia. Now, we want to promote our brand,” said Saran.David Van, senior adviser to the Cambodia Rice Federation, said there was potential for the country’s organic rice in the US.“Amru has been working on exploring this market since last year, not only recently,” he said.
“They’re already exporting Preah Vihear organic jasmine [rice] to the US, drawing better margins than others who export regular jasmine [rice],” he explained.In September last year, Amru Rice signed a deal with eight farmer cooperatives in Preah Vihear province to purchase 2,500 tonnes of organic fragrant paddy rice.Fong Ngai, director of the Hong Kong Trade Office in Singapore, said Cambodian rice was known to be of good quality compared to others.“Cambodian organic rice is really good, as Hong Kong’s consumers prefer organic products. However, the price is a bit higher than [rice from] Thailand.”Cambodia’s primary organic rice exporter, the Cambodian Center for Study and Development in Agriculture, known as CEDAC, shipped 540 tonnes of fragrant organic rice to international markets last year, an increase 20 per cent compared to 2013. The rice exporter is aiming to export 1,000 tonnes in 2015.
http://www.phnompenhpost.com/business/amru-nearing-organic-rice-deal-us

Indonesia moves ahead with rice fields in Papua

Updated at 9:57 am on 20 May 2015
Indonesia's state-owned fertilizer maker Pupuk Indonesia is to raise $US 534-million to clear and develop 750,000 million hectares of rice fields in Papua.The Jakarta Globe reports this is part of President Joko Widodo's programme to establish a million hectares of rice, sugar cane, soybean, corn, and oil palm-growing area - dubbed the Merauke Integrated Food and Energy Estate - in Papua by 2017.An official with Indonesia's Agriculture Ministry, Haryono, says Pupuk Indonesia is still discussing how to fund the investment.

Description: Rice fieldPrivate companies will be responsible for developing the remaining 250,000 hectares.Haryono says the project still had to resolve land acquisition issues, with the majority of the land being communally owned.He says a plus is that Merauke's land is flat and has irrigation systems left by the Dutch, which only need a few repairs.The government targets to clear 250,000 hectares of land by the end of this year.
Rice field, Photo: Supplied
http://www.radionz.co.nz/international/pacific-news/274108/indonesia-moves-ahead-with-rice-fields-in-papua
PM okays $22mil. budget to preserve rice fields
Prime Minister Nguyen Tan Dung has approved a budget of 470 billion VND (about 22 million USD) to help preserve and develop rice fields in nine cities and provinces across the country.Description: PM okays $22mil. budget to preserve rice fieldsNorthern Bac Ninh, central Thanh Hoa, Da Nang, Quang Ngai are among the provinces earmarked for attention, but most of the funds will go to Mekong Delta provinces such as Tay Ninh, Vinh Long, Hau Giang, Dong Thap and Kien Giang.A Government study has revealed that rapid urbanisation and industrialisation as well as infrastructure development have led to a decline in rice fields throughout Vietnam.Government Decision 35/2015 will serve as a keystone policy to assist localities in preserving and developing rice fields, ensuring the country's rice production capacity in the future.The decision stipulates that for each hectare of rice field in production, localities may receive up to 1 million VND (46.5 USD) on top of other on-effect subsidies provided by the State.

The decision also encouraged localities to convert other types of land into rice fields with subsidies of up to 10 million VND (465 USD) for each hectare.The budget will also be used for land enrichment, upgrading water irrigation systems and supporting local farmers to apply scientific and technological advances in rice production.In addition, the decision required localities and individuals to be committed to and legally responsible for the preservation of rice fields and the environment. Reports on rice fields under local authority management will be submitted to the Ministry of Agriculture and Rural Development (MARD) on an annual basis.A recent report by the agricultural ministry said the country must maintain rice production levels at 39.8 million tonnes in 2020 and 40.5 million tonnes in 2030 to ensure national food security.The task of preserving rice fields is of great importance as Vietnam is among the list of countries most affected by climate change. Up to 70 percent of its rice fields will be adversely affected by rising sea-level by the end of the century.
VNA

Need to rethink our rice industry

It comes to mind that we need to end the subsidies on foods, even rice. Or in the case of what was recently raised by the Malay Economic Action Council (MTEM), especially rice. And it was an eye opener to get their data on issues plaguing our farmers.For one, it was calculated that the seasonal revenue for padi farmers in Sanglang is a mere RM4,773 for 1.4 hectares. Meanwhile, seasonal costs are calculated at RM3,027, thus leaving a mere RM1,004.84 for the farmers to take home to their families.It doesn’t sound so bad to have a thousand bucks, right? Wrong.That figure is for an entire season, which is four months long.
This means that the farmer gets an average monthly income of a mere RM250.The rice industry for Malaysia is huge, it is a RM7 billion industry. But put that together with what the farmer is earning? Well, you don’t have to be a rocket scientist to see something is wrong somewhere.Today, the farming industry in Malaysia, particularly rice, is a dying one. There are only 13 percent padi farming families in this nation of 30 million, with an average age of 60 years old.If you thought the farmers have it bad, the next step in the supply chain has it equally bad.With 95 percent of the farmers being Malays, they formed the Malay Rice Factory Association of Malaysia to set up their own factories.From boasting 110 factories before, there are now only 35 left.With all this in mind, let us consider what the government is targeting for the padi farmers by 2020.Among other points, this government is targeting the opening of 400,000 hectares of new land for padi farming.
Through the Economic Transformation Programme, the Malaysian government is also targeting self-sufficient production, 85 percent local production by 2020.That figure currently stands at 57 percent.This is no longer a case where you can provide more subsidies to farmers in order to bolster their income. There needs to be total reform and further study into making their incomes more attractive.


Shrinking rice bowl
Description: https://lh3.ggpht.com/2k2QH5cuOcvDKs8XpnLPI71oNKt6iqUVrqcsDrGjTVGsVmM4Uj3aPwlDSayvVTuVycd053i_WD4Gy8UOvw
Thus, when people say that subsidies distort the market, here we are. Subsidies on rice, yet very little intervention down the supply chain from farm to fork, has caused and will definitely cause our so-called rice bowl to grow ever smaller to the point of insignificance.And that is why we need to reconsider whether subsidising rice is truly the best move. Farmers used to be able to sustain a household in the past, but this is no longer valid as we have seen above.So, should we reconsider paying a fair price for rice to allow the industry to become more attractive for a future generation of padi entrepreneurs?
Or, will we be just content on increasing our import of rice to cater to local demand without a care about food security?
This, I believe, is dependent on the government’s next Malaysia Plan which will plot out the next five years.Perfect timing, since the average padi farmer will be at the age of retirement by 2020.
  
https://www.malaysiakini.com/letters/298980
DITP hoping global rice traders will have more confidence in Thai rice 
BY EDITOR ON          2015-05-20 THAILAND
DITP hoping global rice traders will have more confidence in Thai rice
BANGKOK, 20 May 2015 (NNT)-The Department of International Trade Promotion (DITP) has expressed its confidence that the 7th Thailand Rice Convention 2015 will raise foreign importers’ confidence in the quality of Thai rice.According to DITP Deputy Director General Banjongjit Angsusing, this year’s convention, now underway, is held under the theme ‘Think of Rice, Think of Thai Rice’.Its objective is to reiterate to rice importers that Thailand is still the world’s leading rice exporter and a global rice hub. Participants of this event have been informed about the environmentally-friendly methods used in producing rice grains.The 7th convention has also been held in honor of Her Royal Highness Princess Maha Chakri Sirindhorn’s 60th birthday anniversary. More than 50 rice traders from various nations attend the convention, which will come to an end tomorrow, the Deputy Director General said.

Liberia: Japanese Gov't Donates 8,060 Metric Tons of Rice to Liberia

 

By Bettie Johnson
Monrovia — The Japanese Government has handed over eight thousand Sixty Metric tons of assorted rice to the Government of Liberia. The donation brought together several Liberian officials, including Agriculture Minister Dr. Florence Chenoweth, Commerce Minister Axel Addy, representatives of rice importers, Japan's Ambassador and other dignitaries.Speaking at the Program, Agriculture Minister Dr. Chenoweth said the impact of the program supports the whole cycle of rice production in Liberia.
 "Though Ebola took away almost everything, but the full cycle of support from the Japanese Government must be commended; the varieties are many and a selection of varieties has been made by the Agriculture Ministry and your program supports the foundation seed and sacrifice seed for all of the varieties. Most of our farmers in Liberia are illiterate and they know the means of the varieties, they tell you which type of seed they want," the Agriculture Minister said.Commerce Minister Addy commended the Japanese Government for their support to the Liberian economy. He disclosed that the rice donation is not the first as the other donations have led to the construction of bridges; projects and warehouses among others. Minister Addy also pleaded with consumers to swiftly purchase the rice, which he said will help finance other projects that will empower local farmers in the country.

Monsoon enters Sri Lanka; Kerala coast next on the list

THIRUVANANTHAPURAM, MAY 20:  
Establishment of monsoon conditions over Sri Lanka was the positive signal on a day when the India Met Department suffered a setback over both the seas around the South.Winds over Arabian Sea suddenly reversed direction to being north-westerly (atypical of monsoon) while the watch for a ‘low’ in the Bay has had to be withdrawn.
Bay arm lags
Monsoon establishing over Sri Lanka is the most significant news after its onset over the Andaman and Nicobar islands in Indian territorial waters on Saturday last. But it has not been able to make any significant progress since. The Met merely hoped that it would cover more areas in the Bay of Bengal over the next two days.It had mentioned about the prospects of a low-pressure area developing in the Bay which could have revved up the Bay arm of the monsoon. This outlook has been withdrawn on Wednesday.The onset of monsoon over Kerala normally happens within a few days of that over Sri Lanka, and 10-12 days after Andaman and Nicobar Islands.
No MJO support
Meanwhile, the Australian Bureau of Meteorology said it did not find support coming from the upper levels of the atmosphere for onset of monsoon along the Kerala coast.It was referring to the periodical Madden-Julian Oscillation (MJO) wave that travels periodically to the east across the Indian Ocean. It boosts convection and cloudiness at the ground level. But the monsoon can prevail even without MJO, provided the onset pulse packs the required strength and intensity to drive on its own along the West Coast.
El Niño outlook
Apart from triggering the onset of the monsoon, the MJO wave has also been responsible for setting up low-pressure areas, depressions, and even storms.The Bureau did not see an MJO moving over the Indian Ocean for at least the next two weeks. El Nino conditions in the tropical Pacific region are likely to strengthen, says the Bureau, which closely tracks weather in the region. Super typhoon Dolphin, which had helped drag in the monsoon faraway upstream over the Bay of Bengal, may also be bolstering the case of El Nino by default, too.The net effect is that moisture, storminess and cloudiness get driven away from Asia and the larger monsoon region into equatorial and east Pacific (towards South America).
(This article was published on May 20, 2015)

Rice mills seek exemption from GST

The rice mill owners and paddy-rice dealers in the State have appealed to the Union Government to exempt rice from Goods and Service Tax.This was one of the resolutions passed at a state-level meeting of the Federation of Tamil Nadu Rice Mill Owners and Paddy-Rice Dealers Associations held here on Tuesday.Since Tamil Nadu is deficit in paddy production and rice is a major food in the State, the Government has not levied any tax on these so far.Rice millers and farmers need additional power supply during the harvest season to dry the paddy and the low tension power supply available to these units is inadequate.
The federation appealed to the State Government and to the Tamil Nadu Electricity Regulatory Commission to pass the required orders for this.The mills would pay the charges fixed by the commission for the additional supply.The paddy dealers and mill owners also appealed to the State to remove the market cess levied on rice.The State has 277 agricultural markets.However, rice and paddy were procured by the dealers and mills directly from the farmers and also from States such as Karnataka, West Bengal and Andhra Pradesh, they pointed out.
Duty on rice pushes up paddy prices
Yasir Wardad
Duty on rice pushes up paddy prices
The prices of paddy increased by Tk140-150 per maund (37.32kgs) at farm level in last one week following the levying of 10 per cent duty on rice import, a market survey reveals.But farmers are reaping little benefit from the hike in prices. Big millers and traders, who have built up rice stocks through procurement of  the main staple from domestic and external sources, are making the most of it.By the time the paddy prices have taken an upturn, most farmers in the country are learnt to have sold out their new harvests.Market experts said more than 60 per cent of farmers already had sold out their produce at much lower prices to millers and their allied local wholesalers (pikers) or mid-level traders.
Paddy prices plunged to a three-year low this Boro season with the beginning of harvest from mid-April when per-maund Brridhan-28 sold at only Tk450-500 while finer-variety Miniket sold at Tk500-550 per maund, according to Department of Agricultural Marketing (DAM) data.The DAM reckonings show the prices of different varieties of paddy have increased by Tk140-150 per maund (30-33 per cent rise) in last seven days.  Costs of production of Brridhan-28 and 29 and Miniket were Tk750 to Tk800 per maund as per the calculation done by agriculture ministry.The government is going to buy paddy at Tk880 per maund and rice at Tk1280 per maund from May 30 from the farmers and millers, said food officials.Millers, traders and experts claimed that uncontrolled import of rice from India was the key reason behind the fall in paddy prices this Boro-harvesting season.
They had urged the government from the beginning of the year to withdraw zero duty on rice import as lower-priced imported rice flooded the market.However, the private importers have brought 1.417 million tonnes of rice until May 18, according to the food ministry data.Meanwhile, imports declined to 2,500 tonnes per day during the period from April to May 18 from 4,600 tonnes a day in July-March period of the current financial year, according to the data."As a consequence of huge imports, 60 per cent millers stopped their operation in December-April period in the peak Aman-and Boro-milling seasons," said KM Layek Ali, secretary of Bangladesh Auto Major and Husking Mills Owners Association (BAMHMOA).
He said Swarna variety's import cost was between Tk20 and 24 per kilogram when local milling cost of the produce was Tk27 to 29 per kg.However, amid growing demand from farmers, millers, experts, the government finally slapped 10 per cent duty on rice import with effect from May 11, according to the National Board of Revenue (NBR).The duty obligation pushed up paddy prices dramatically.Md Shah Suja, a farmer in Ramnagar Union under Nilphamari  sadar upazila, said Brridhan-28 was selling at Tk1140-1160 per 75- kg sack (Tk600-620 per maund) now against Tk850-900 per sack (Tk450-480 per maund) a week back.He said: "The price started to increase when most of us had sold our products. Every farmer incurred a loss of Tk2500-3000 per bigha (33 decimal) by cultivating paddy this season.
"He said local millers, paikers and traders are reaping huge benefits from the hike following the market intervention.Economist and rice-market expert Dr Mahabub Hossain told the FE that the government policymakers should have analysed the matter much earlier when the number of LCs increased significantly for rice import.He said if the duty obligation came earlier, it could benefit most of the farmers."But, many of the farmers who are in the harvesting process will get some benefit from recent price rises. If the paddy price increased to Tk650-700 per maund, the farmers at least could get back their investment," he said. "Many farmers go for Boro farming much later. We now term it Braush (Boro+Aus). The Braush cultivators will reap benefits," he said.Dr Hossain also said, "Without ensuring profits for farmers, we cannot increase our production at level necessary to ensure food security of the country.
Farm-economist Prof Gazi M Jalil said 60 per cent of the farmers have already sold their crop as they needed money for the jute and Aman cultivation and also for paying back their debts.Prof Jalil, who teaches agriculture economics at Sher-e-Bangla Agricultural University, said the government should enact a time-befitting rice import and export policy to protect the interests of the country's people."Government should consider rice always a strategic crop, which could help it in framing a farmer-friendly import policy.
"However, rice (milled) prices were static marinating lower prices at mill-gate for last two weeks, BAMHMOA secretary KM Layek Ali said.The government allowed substantial rice import when local farmers gifted the country with record production, according to the government data.Bangladesh Bureau of Statistics data reveal that rice production was a record 34.465 million tonnes in the fiscal year 2013-14 while output of Aman and Aus crops accounted for record 13.2 million tonnes and 2.328 million tonnes respectively in the current financial year.Meanwhile, the production may surpass19.0 million tonnes in the current Boro season as per the prediction of the Department of Agriculture Extension.  
tonmoy.wardad@gmail.com
http://www.thefinancialexpress-bd.com/2015/05/21/93502

Scientists prove a plant point
Our Special Correspondent
New Delhi, May 19: Government scientists have asserted that India has provided tens of thousands of samples of key foodcrops to global gene repositories, refuting allegations by sections of foreign researchers that India has been reluctant to share its plant resources.The scientists with the Indian Council of Agricultural Research (ICAR) have said India ranks first in the list of contributors of plant germplasm in 11 gene banks maintained by the Consultative Group (CG) of International Agricultural Centres held "in-trust" for the global community.India has over the past three decades submitted over 66,800 plant germplasm varieties - or 9.2 per cent - to more than 720,600 accessions maintained by the network of CG repositories, emerging at the top of its list of contributors, the ICAR scientists said in a report that analysed the flow of plant varieties from India.
Crop scientists view such transfer of key plant material as critical for crop breeding and improvement programmes aimed at food security."This analysis should dispel notions that India hasn't been sharing its plant resources," said Rishi Kumar Tyagi, a principal scientist at the ICAR's National Bureau of Plant Genetic Resources, New Delhi, who led the study of plant germ flow from India over the past four decades.Plant gene repositories in the US, Russia, Taiwan, Germany and the UK also have several thousands of accessions of Indian origin. At a gene bank maintained by the US department of agriculture, over 22,000 among its total of more than 625,000 accessions are of Indian origin.
Crop researchers based in Europe had two years ago raised concerns that access to Indian plant germplasm was limited. Scientists from Norway had pointed out that the world's largest global seed vault maintained by Norway in Svalbard had very few samples from India.Tyagi and his colleagues have challenged that claim.The Svalbard gene vault has over 824,000 germplasm accessions from over 60 gene banks, among which over 66,000 accessions - or over 8 per cent - deposited by 24 gene banks are of Indian origin, the ICAR scientists said in their analysis just published in the journal PLOS One.Although India has directly submitted only 25 samples to Svalbard, over 66,000 samples are of Indian origin, having been deposited there by the CG crop research centres or by other national gene banks.
 The International Rice Research Institute in Manila, Philippines, has deposited its entire rice germplasm collection of 116,600 at Svalbard, among which over 16,220 accessions belonging to 18 species of rice have their origin in India, the ICAR scientists wrote in their report.The ICAR scientists have listed 16 crops, including rice, wheat, maize, chickpea, eggplant, groundnut and pigeon pea, among others, that have been deposited by India into gene repositories across the world. Among over 2,800,000 samples held by 446 organisations worldwide, 106,000 are from India."India is also a big beneficiary of such germplasm exchange," said Kailash Bansal, head of the National Bureau of Plant Genetic Resources, who was not involved in the analysis.
"One recent example is kiwifruit - it's import of germplasm that brought kiwifruit to India," he said.Crop scientists also point out that several varieties of foodcrops, including vegetables, currently cultivated across the country owe their origin to foreign germplasm.The analysis has revealed that the flow of plant germplasm from India has indeed slowed down over the past decade owing to national biodiversity laws that India enacted in 2002. The national biodiversity regulations lay down strict rules on the transfer of plant genetic material from India.From the mid-1970s through the early 1990s, India used to supply more than 4,000 germplasm samples each year. But over the past five years, the number has been less than 1,000 per year."Over the past decade, the number of requests India has received for germplasm has also declined," Tyagi said. http://www.telegraphindia.com/1150520/jsp/nation/story_21087.jsp#.VV2yoflViko

Jute packaging by rice mills made mandatory in Bengal

By Ritwik Mukherjee May 20 2015
Tags: Knowledge
The Rs 8,000 crore plus jute industry in West Bengal, which has been passing through a demand crisis and closure of mills, may get a new lease of life with Mamata Banerjee government deciding that rice mills in the state will now have to pack at least 70 per cent of their total production in new jute bags. There are more than 1,200 rice mills in the state.Jute mills from West Bengal will be given requisitions by the jute commissioner and accordingly jute bags for packaging of rice will be supplied to rice mills.In addition, a comprehensive list of rice mills in respective districts will be provided to the jute commissioner by the department of food and supplies to track the entire process of procurement.
The decision was taken on Wednesday at a meeting between the group of ministers and a delegation from the Indian Jute Mills Association (IJMA).It was also decided that a 5-member committee comprising senior officials from the departments of finance and commerce, food and supplies, agriculture and labour will be set up. The committee will coordinate with the jute commissioner in future. The committee will have its first meeting on May 25 to work out the modalities.West Bengal houses 64 of the total 84 jute mills in the country. According to industry officials, jute mills in West Bengal till recently had been running at only 60 per cent of their capacity rendering a large number of workers jobless. There had also been a production cut of 30-40 per cent few months ago, thanks to lack of orders.“The meeting with the state government-appointed group of ministers was positive from the perspective of the jute industry in West Bengal.
“The decision taken during the meeting to ensure that rice mills purchase new jute bags for packing of levy rice is positive and encouraging. We are optimistic about the support and guidance provided during the extensive meeting with ministers and hope that the rich legacy of the jute industry will be taken into consideration while adopting a policy direction to revive the industry,” IJMA deputy chairman Ashutosh Bhagat told Financial Chronicle.Under the present system, the state government has been procuring 25-30 per cent of levy rice from nearly 1,200 rice mills. Through this mechanism, states buy paddy from millers for selling it through ration shops, the subsidy burden of which falls on the centre. The centre has already decided to do away with the levy purchase system by October 1, 2015.
ritwikmukherjee@mydigitalfc.com
http://webcache.googleusercontent.com/search?q=cache:UFJdztMaBnIJ:www.mydigitalfc.com/knowledge/jute-packaging-rice-mills-made-mandatory-bengal-717+&cd=1&hl=en&ct=clnk&gl=pk

Forget chemotherapy — try some genetically modified lettuce to fight your colon cancer

May 19, 2015 · 9:00 AM EDT
Producer Alexa Lim (follow) 
An agriculturist prepares to plant "Golden Rice" seedlings at a laboratory of the International Rice Research Institute in Los Banos, Laguna south of Manila, on August 14, 2013.
Credit: Erik De Castro/Reuters
There’s a lot of fear surrounding genetically modified fruits and vegetables. But what if scientists could engineer food to cure cancer?
Description: http://cdn-113a.kxcdn.com/sites/default/files/styles/story_main/public/story/images/RTX12N8H.jpg?itok=voU98njGThis story is based on a radio interview.Listen to the full interview.
New research suggests scientists can use plants to deliver a type of genetic material called microRNA, which can help prevent or suppress cancer. In experiments with laboratory mice that were fed the genes, incidences of colon cancer decreased.“It’s a very controversial field,” says Kendal Hirschi, a professor of pediatrics and human genetics at theChildren’s Nutrition Research Center at the Baylor College of Medicine in Houston. He’s also an author on one of the research papers about this topic.Hirschi says that though it’s generally understood that the healthiest diet is plant-based, there are a lot of converging opinions about the best bets for optimal nutrition.

“We’re playing with this idea that the microRNAs in the plant foods can be these regulators, something that is a bioactive compound that affects our bodies," he says.But Ken Witwer, an assistant professor of molecular and comparative pathology at John Hopkins University School of Medicine, says we shouldn’t get too excited just yet. “So far we don’t have any data on genetically modified plants,” he says. Instead, the mice in the experiment had the microRNA injected directly into their stomachs via a feeding tube.

The same results would be difficult to achieve with dietary intake alone, he says. But finding a plant-based solution is an important step in the process, Hirschi explains: "There’s something about the delivery of the nutrients that’s better when we eat stuff out of the plant matrix.”These “transgenic plants” won’t be ready for at least a couple of years, the scientists estimate. And though GMO foods are controversial, they say this research is likely to transcend the politics. As Hirschi points out, “Who’s going to argue about making a plant to help a patient who has cancer?”

This story is based on an interview from PRI's Science Friday with Ira Flatow.
http://www.pri.org/stories/2015-05-19/forget-chemotherapy-try-some-genetically-modified-lettuce-fight-your-colon-cancer

ShopRite?  Shop Rice!
They're all about U.S.-grown rice 
Description: https://blogger.googleusercontent.com/img/proxy/AVvXsEg-Sr7XNYy_Y_2PIy1SAcT3gRRzZ5Iw73GLL1UM-0vrqeWLz66vmgDtzRUgFi6oGYFD8xCWvDTpNBUisvGd56pjza9zJSDtYOf-mkiNRp2B6-gkGgIwn5kCW3Qjg_7tzvJfWYRtp6lHEpmyT2L2G8qjRoryduCAvvIM0WyOh5aUhg=s0-d-e1-ftARLINGTON, VA -- This month, USA Rice is working with registered dietitians to promote U.S.-grown rice through theLive Right program at ShopRite, a chain of more than 250 grocery stores in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. Shoppers will be educated on the health, environmental, and culinary benefits of U.S.-grown rice through the Wellness e-Newsletter and in-store activities.Distributed to more than 110,000 customers, ShopRite's Wellness e-Newsletter, A Serving of Health, provides shoppers with healthy recipes, as well as resources and tips for healthy living. This month, there is an entire section called "Make Over Your Meals with U.S.-Grown Rice, " encouraging consumers to add U.S.-grown rice to their shopping list. The newsletter features key messages about rice and USA Rice's recipe for Teriyaki Salmon with Gingered Vegetable Brown Rice.
U.S.-grown rice will be featured in the Dietitian's Selection Program from now through July, and in the Dietitian's Selection section of the Wellness Circular Insert, that reaches 10 million shoppers each week. U.S. rice will also be included on the Dietitian's Selection Shopping List that customers can pick up at all ShopRite stores, and is called out on shelves as a Dietitian's Selection. The retail dietitian team, active at 115 stores, uses this shopping list and incorporates these items into store tours, community events, and one-on one-consultations.  "Consumers look to dietitians as a credible source on healthy living and eating," said Paul Galvani, USA Rice's retail subcommittee chairman. "So building relationships with these dietitians and providing them with information they can in turn share with patrons is integral to our goal of increasing awareness of U.S. rice."


One-on-One with ITC Rice Industry Study
Rice's new best-seller
ARLINGTON, VA -- Yesterday USA Rice hosted a briefing by members of the U.S. International Trade Commission (ITC) research team that conducted the yearlong study on the factors and policies affecting the global competitiveness of the U.S. rice industry. The study, "Rice: Global Competitiveness of the U.S. Industry," is known as a Section 332 investigation and examined the rice industry in the U.S. and in major producing and exporting countries, such as China, India, Thailand, Vietnam, Uruguay, and Brazil.The study looked at the impact on the U.S. rice industry of exports from competitor countries to the U.S. and traditional U.S. markets like Mexico, Haiti, and West Africa and found that although the U.S. rice is high quality and enjoys favorable tariff treatment from markets such as Mexico and Central America, competition is on the rise.

"We used this is an opportunity for our Washington staff to get deeper into the specifics of the study," said USA Rice President & CEO Betsy Ward. "We're grateful the ITC experts were willing to provide their insight and interpretations, share anecdotes, and answer many questions from our staff."
 Contact:  Deborah Willenborg (703) 236-1444
CCC Announces Prevailing World Market Prices 
WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan-gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2014 crop, which became effective today at 7:00 a.m., Eastern Time (ET).  Rough rice prices decreased $0.21 per cwt for both long grain and medium/short grain.

World Price
MLG/LDP Rate

Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long-Grain
14.93
9.67 
0.00
Medium-/Short-Grain
14.55
9.80 
0.00
Brokens
  9.01
----
----

This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:

U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long-Grain
57.21/12.55
6.64
Medium-/Short-Grain
61.89/8.83
6.51

The next program announcement is scheduled for May 27, 2015.    
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for May 20
Month
Price
Net Change

July 2015
$9.570
 - $0.080
September 2015
$9.840
- $0.075
November 2015
$10.090
- $0.075
January 2016
$10.355
- $0.070
March 2016
$10.420
- $0.070
May 2016
$10.420
- $0.070
July 2016
$10.420
- $0.070

 

Rice Is Sticky Issue for Japan in Trans-Pacific Trade Talks

Washington wants greater access to Japanese markets; Tokyo says no

By MITSURU OBE And YUKA HAYASHI
Updated May 19, 2015 3:33 p.m. ET
TOKYO—The cover photo on Prime Minister Shinzo Abe’s Facebook page shows him bowing deeply to an elderly woman in rubber boots, standing next to a freshly planted rice paddy.The photo symbolizes the hefty influence rice farmers wield over Japane
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http://www.wsj.com/articles/rice-is-sticky-issue-for-japan-in-trans-pacific-trade-talks-1432025782?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email
Fake rice made with plastic reportedly spreading across Asia
Description: rice-bowl.jpg
Plastic rice sold on the Chinese market has reportedly found its way into various Asian countries, including India, Indonesia and Vietnam.The fake rice is made by mixing potatoes, sweet potatoes and synthetic resin, according to the International Business Times. It's long been circulating on the market in Taiyuan, Shaanxi and appears identical to natural rice.Health experts have warned that consuming the fake grains could seriously damage the digestive system.Authorities have attempted to quell consumers' fears as the internet has been abuzz with news of the fake rice landing on the shores of various Asian regions.
"As part of AVA’s routine surveillance, imported rice is regularly inspected and sampled to ensure compliance with our food safety standards and requirements," a spokesman from the Agri-Food & Veterinary Authority (AVA) told The Straits Times after rumors surfaced that the fake rice had entered Singapore."We have not received any feedback on fake rice."The Malaysian Agriculture and Agro-based Industry Ministry likewise denied receiving any reports about the resin-laced grains, but said if it were to have gotten into Malaysia, it would most likely be sold at small shops rather than large supermarkets.So how can you avoid consuming plastic-tainted rice? According to Oryza.com, the fake rice grains remain hard after being boiled, and the soup made by it forms a very unappetizing plastic sheath 'that burns like plastic' when heated up. Euuhhh.
Contact the author of this article or email tips@shanghaiist.com with further questions, comments or tips.
http://shanghaiist.com/2015/05/20/fake-rice-made-with-plastic-spreading-across-asia.php?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email

Yingluck Shinawatra Pleads Not Guilty to Negligence Over Thai Rice Subsidy

Former Thai Premier Speaks Before Trial

Former Prime Minister Yingluck Shinawatra of Thailand spoke on Tuesday outside the courthouse in Bangkok before the start of her trial on charges of criminal negligence.
 By Reuters on Publish DateMay 19, 2015. Photo by Chaiwat Subprasom/Reuters.
HONG KONG — Former Prime MinisterYingluck Shinawatra of Thailand pleaded not guilty on Tuesday to charges of criminal negligence over a plan to prop up rice prices, which her political opponents called a corrupt bid to buy support from the country’s farmers.“I am confident in my innocence,” she told reporters before the hearing.The Thai Supreme Court approved bail for Ms. Yingluck, who faces up to 10 years in prison. The trial is expected to take up to a year, during which she is barred from leaving the country.Ms. Yingluck was removed from office in a coup one year ago and retroactively impeached in January by the military junta that replaced her. The impeachment means she is barred from politics for five years.
She and her allies, including her brother, former Prime Minister Thaksin Shinawatra, have won every election since 2001, but they have faced fierce opposition from the political elites in Bangkok. Mr. Thaksin now lives abroad to avoid imprisonment in Thailand on corruption charges.The rice subsidies, a key policy of Ms. Yingluck’s during her three years in office, involved spending billions to buy the crop at high premiums over market rates. The effort angered the opposition, which called it a waste of public funds, and fueled street protests against her.She has called the program an important effort to support the country’s poor.Also on Tuesday, the military government said it would hold a referendum on a new constitution it is drafting. The government said the referendum would be held no later than next January. If it passes, officials said, the election the junta has promised would be delayed until August or September 2016.Poypiti Amatatham contributed reporting from Bangkok.
http://www.nytimes.com/2015/05/20/world/asia/yingluck-shinawatra-pleads-not-guilty-to-negligence-over-thailand-rice-subsidy.html?_r=1&utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email

Meet the Farmer Who's Helping Chipotle Go Organic

Civil EatsMay 20, 2015
By Ken Roseboro
McKaskle Family Farm supplies organic rice to more than a dozen Chipotle restaurants in Missouri, Tennessee, and Arkansas. (Photo: Organic & Non-GMO Report)
Chipotle Mexican Grill made news recently when the “fast casual” restaurant chain announced that it was serving only foods made with non-GMO ingredients.A farmer in Missouri is helping Chipotle take its “food with integrity” commitment one step further—to organic. Steve McKaskle, owner of McKaskle Family Farm, the only organic rice farm in Missouri, supplies a growing number of Chipotle restaurants in his region with organic long grain white and brown rice.
After the Tornado 
Description: Meet the Farmer Who's Helping Chipotle Go OrganicDescription: image
Based in Braggadocio in Missouri’s southernmost Bootheel region, the seven-generation McKaskle Family Farm offers an excellent example of how a bad event can bring a blessing in disguise. In the early 2000s Steve and his wife Kaye grew organic cotton, which they supplied to companies like Patagonia, Ecosport, and Nike. But in 2006 an F4 tornado destroyed the McKaskles’ farm headquarters, tractors, barns, grain bins, cotton harvesters, and cotton gin. “We lost our entire farming operation and three-fourths of our home,” Steve McKaskle says. “We barely survived.”But like the proverbial phoenix rising from the ashes, the McKaskles rebuilt their farm. Without the cotton harvesters and gin, they switched to growing organic rice and found greater success. Today, their farm is thriving more than ever, as they supply organic rice to Chipotle restaurants in Missouri, Tennessee, and Arkansas.“We’re rebounders,” McKaskle says.Along with rice, McKaskle Family Farm grows organic popcorn, soybeans, winter wheat, and oats on about 2000 acres.They also package and sell their own Braggadocio brand organic rice and popcorn to Whole Foods store, Hy-Vee supermarkets, and natural food stores in Missouri and surrounding states.
Steve and employees in front of mill. (Photo: Organic & Non-GMO Report)
Mill Expands Capacity
To better serve Chipotle’s needs, McKaskle Family Farm recently expanded with a new rice processing facility that was partially funded by state income tax credits from the Missouri Department of Agriculture. Construction of the mill was completed in November 2014.
https://www.yahoo.com/food/missouri-farmer-helps-chipotle-go-beyond-non-gmo-118967993571.html?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email
APEDA India News

International Benchmark Price
Price on: 19-05-2015
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
5850
2
Turkish No. 4 whole pitted, CIF UK (USD/t)
4125
3
Turkish size 8, CIF UK (USD/t)
3425
Raisins
1
Californian Thompson seedless raisins, CIF UK (USD/t)
2378
2
South African Thompson seedless raisins, CIF UK (USD/t)
2227
White Sugar
1
CZCE White Sugar Futures (USD/t)
887
2
Kenya Mumias white sugar, EXW (USD/t)
690
3
Pakistani refined sugar, EXW Akbari Mandi (USD/t)
551
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 19-05-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Bonai (Orissa)
Other
1900
2200
2
Cachar (Assam)
Other
2000
2500
3
Kheda (Gujarat)
Other
1800
3350
Wheat
1
Dhing (Assam)
Other
1450
1700
2
Manvi (Karnataka)
Other
1501
1510
3
Bonai(Orissa)
Other
1450
1600
Mango
1
Sirhind (Punjab)
Other
2000
4000
2
Pattambi(Kerala)
Other
1500
2000
3
Bonai(Orissa)
Other
1000
3000
Cucumbar
1
Banki (Orissa)
Other
1300
1500
2
Aroor (Kerala)
Other
2400
2600
3
Bharuch(Gujarat)
Other
700
1000
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 19-05-2015
Product
Market Center
Price
1
Pune
300
2
Chittoor
328
3
Namakkal
311
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 19-05-2015
Product
Market Center
Origin
Variety
Low
High
Potatoes
Package: 50 lb cartons
1
Atlanta
Colorado
Russet
19
23.50
2
Baltimore
Canada
Russet
20
21
3
Chicago
Idaho
Russet
20
24
Carrots
Package: 20 1-lb film bags
1
Atlanta
California
Baby Peeled
18
20.50
2
Chicago
California
Baby Peeled
16.50
17
3
Dallas
Arizona
Baby Peeled
20
20
Grapefruit
Package: 7/10 bushel cartons
1
Atlanta
California
Red
20.50
20.50
2
Baltimore
California
Red
19
19
3
New York
Texas
Red
18
18
Source:USDA

Price on: 20-05-2015
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
5850
2
Turkish No. 4 whole pitted, CIF UK (USD/t)
4125
3
Turkish size 8, CIF UK (USD/t)
3425
Raisins
1
Californian Thompson seedless raisins, CIF UK (USD/t)
2370
2
South African Thompson seedless raisins, CIF UK (USD/t)
2219
White Sugar
1
CZCE White Sugar Futures (USD/t)
879
2
Kenya Mumias white sugar, EXW (USD/t)
690
3
Pakistani refined sugar, EXW Akbari Mandi (USD/t)
568
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 20-05-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Jowar(Sorgham)
1
Amreli (Gujarat)
Other
1050
3000
2
Theni (TamilNadu)
Other
1280
1360
3
Jogipet (Telangana)
Local
1200
1242
Maize
1
Amirgadh (Gujarat)
Other
1200
1310
2
Athani (Karnataka)
Local
1501
1510
3
Theni(Tamil Nadu)
Other
1200
1400
Orange
1
Muktsar (Punjab)
Other
1800
2500
2
Solan(Himachal Pradesh)
Other
2000
2500
3
Sitapur(Uttar Pradesh)
Other
2550
2750
Cabbage
1
Bonai (Orissa)
Other
1500
2000
2
Chala (Kerala)
Other
2700
2750
3
Gumla(Jharkhand)
Other
1400
1800
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 20-05-2015
Product
Market Center
Price
1
Ahmedabad
300
2
Hyderabad
272
3
Mysore
336
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 20-05-2015
Product
Market Center
Origin
Variety
Low
High
Onions Dry
Package: 50 lb sacks
1
Atlanta
Mexico
Yellow
21.50
21.50
2
Baltimore
California
Yellow
19
19
3
Chicago
Texas
Yellow
15
15
Cucumbers
Package: cartons film wrapped
1
Atlanta
Canada
Long Seedless
8.50
9.50
2
Dallas
California
Long Seedless
12.50
13
3
Miami
Mexico
Long Seedless
9
10
Apples
Package: cartons tray pack
1
Atlanta
Virginia
Red Delicious
19
19
2
Baltimore
Washington 
Red Delicious
20
24
3
Miami
Washington
Red Delicious
24
26
Source:USDA


Satake to exhibit at FOOMA Japan 2015


5/19/2015 - by World Grain Staff
TOKYO, JAPAN — Satake will exhibit at FOOMA Japan 2015 June 9-12 at the Tokyo International Exhibition Center, Tokyo, Japan.
See detail on website…
http://www.world-grain.com/articles/news_home/Supplier_Update/2015/05/Satake_to_exhibit_at_FOOMA_Jap.aspx?ID=%7B1E8034AC-7B58-4F79-ACA2-A462AE45DEA3%7D

Download/View On-Line the above News in pdf format,just click the following link


Wednesday, May 20, 2015

20th May(Wednesday),2015 Daily Exclusive ORYZA Rice E_Newsletter by Riceplus Magazine

Global Rice Quotes

May 19th, 2015

Long grain white rice - high quality
Thailand 100% B grade          380-390           ↔
Vietnam 5% broken    350-360           ↔
India 5% broken         370-380           ↔
Pakistan 5% broken    395-405           ↔
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken             430-440           ↔
U.S. 4% broken           470-480           ↔
Uruguay 5% broken    565-575           ↔
Argentina 5% broken 555-565           ↔

Long grain white rice - low quality
Thailand 25% broken 350-360           ↔
Vietnam 25% broken 330-340           ↔
Pakistan 25% broken 355-365           ↔
Cambodia 25% broken           410-420           ↔
India 25% broken       345-355           ↔
U.S. 15% broken         460-470           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd            370-380           ↔
Pakistan parboiled 5% broken stxd    405-415           ↔
India parboiled 5% broken stxd         360-370           ↔
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%          865-875           ↔
Vietnam Jasmine         480-490           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             815-825           ↔

Brokens
Thailand A1 Super      315-325           ↔
Vietnam 100% broken            305-315           ↔
Pakistan 100% broken stxd    300-310           ↔
Cambodia A1 Super   350-360           ↔
India 100% broken stxd         270-280           ↔
Egypt medium grain brokens NQ      ↔
U.S. pet food 365-375           ↔
Brazil half grain          NQ      ↔
All prices USD per ton, FOB vessel, oryza.com

Asia Rice Quotes Unchanged Today

May 19, 2015
Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $370 - $380 per ton, about a $20 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $370 - $380 per ton, about a $25 per ton discount to Pakistan 5% rice shown at around $395 - $405 per ton.
25% Broken Rice
Thailand 25% rice is shown at around $350 - $360 per ton, about a $20 per ton premium on Vietnam 25% rice shown at around $330- $340 per ton. India 25% rice is indicated at around $345 - $355, about a $10 per ton discount to Pakistan 25% rice shown at around $355 - $365 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is indicated at around $360 - $370 per ton, about a $45 per ton discount to Pakistan parboiled rice shown at around $405 - $415 per ton. 
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $10 per ton premium on Vietnam 100% broken rice shown at around $305 - $315 per ton. India's 100% broken rice is shown at around $270 - $280 per ton,  about a $30 per ton discount to Pakistan broken sortexed rice shown at around $300 - $310 per ton.

Government of Malaysia Planning to Make Paddy Planting More Attractive for Youth, Says Minister

May 19, 2015
The government of Malaysia is planning to make paddy planting more attractive, especially for youth, in terms of ensuring higher income and returns, local sources quoted the Energy, Green technology and Water Minister as saying.The Minister noted that recently young farmers were not interested in rice farming due to lesser return associated with it. He noted that the government is trying to help young farmers to achieve higher yields and returns by assisting with new technologies, seedlings and fertilizers. He noted that though cost of inputs have increased in recent times, the government is trying to ensure that rice farmers get lucrative returns.He also noted that these measures are important as the government is aiming for total self-sufficiency in the country over the next few years. He also ensured that the 11th Malaysia Plan will consist of new programs to redevelop paddy fields and idle land as well as encourage more farmers to grow paddy.
Last week, the country's Agriculture Minister announced that his Ministry would spend about RM2.2 billion (around $615 million) this year to help rice farmers to improve output to about seven tons per hectare from the current six tons per hectare in line with the government's self-sufficiency target.Malaysia produces about 64% of rice needed for annual consumption of about 2.8 million tons and imports the rest. The Minister expressed that while 90,000 tons are imported officially, nearly one million tons are imported unofficially into the country.USDA estimates Malaysia to produce about 1.8 million tons of rice and import about one million tons of rice in MY 2014-15 (January 2015 - December 2015).

Brazil Paddy Rice Index Declines About 1% from Last Week

May 19, 2015
The Brazilian paddy rice index maintained by CEPEA reached around 35.04 real per 50 kilograms as of May 18, 2015, down about 1% from around 35.36 real per 50 kilograms recorded on May 11, 2015.In terms of USD per ton, the index reached around $232.52 per ton on May 18, 2015, down about 2% from around $237.12 per ton recorded on May 11, 2015.

Nearly 11 Million Tons of Stockpiled Rice Substandard, Says Thai Commerce Ministry

May 19, 2015
Of the 16 million tons of stockpiled rice with the Thai government, nearly 11 million tons are substandard, local sources quoted the Commerce Permanent Secretary as saying.The Secretary told the local sources that the Rice Policy and Management Committee yesterday agreed to sell about 2 million tons of stockpiled rice over the next two months. She noted that the entire stock needs to be sold at the earliest as the storage costs at about 30 million baht (around 895,496) per day. She also noted that total loss associated with the substandard rice, including the storage costs and lowering the selling price, would translate to around 400 billion baht (around $12 billion).
She said the government is expecting to earn about 200 billion baht (around $5.97 billion) from selling the entire rice stocks while the total cost associated with holding the stocks is around 600 billion baht (around $17.9 billion).The government is keen on selling about 10 million tons of rice this year and about 7 million tons next year. However, it has been delaying the third auction since March 20, 2015 in order to avoid downward pressure on prices.It had sold about 1.88 million tons of rice from six auctions raising around 25.58 billion baht (around $785.2 million) since it seized power in May 2014. It also reportedly sold one million tons of rice under government-to-government contracts.

Oryza Overnight Recap – Chicago Rough Rice Futures Seen Flat Overnight Despite Weakness in Neighboring Grain Pits

May 19, 2015
Chicago rough rice futures for Jul delivery are currently seen trading 2 cents per cwt (about $0.44 per ton) higher at $9.815 per cwt (about $216 per ton) ahead of floor trading in Chicago. The other grains are seen trading lower; soybeans are currently seen about 0.4% lower, wheat is listed about 2.1% lower and corn is currently noted about 1.2% lower.U.S. stock index futures indicated Wall Street would follow European markets higher on Tuesday, after finishing at record highs on Monday. April's housing starts totaled 1.135 million in April, above the 1.020 million estimate.
The beat follows weak readings of little above 900,000 in February and March. Bond yields extended gains after the better-than-expected data, with the U.S. 10-year Treasury yield at 2.27%.European equities were sharply higher in morning trade on Tuesday, with investors reacting to corporate earnings and focusing on comments by a member of the European Central Bank. The euro fell to as low as $1.114 early in the day, after starting the session at $1.131. The 10-year benchmark German Bund yield briefly fell to 0.56% and the 10-year U.S. Treasury yield dipped below 2.20%. Gold is currently trading about 1.1% lower, crude oil is seen trading about 1.9% lower,  and the U.S. dollar is currently trading about 1.2% higher at 8:15am Chicago time.


Philippines Researcher Develops Eco Friendly Rice Hull Processor

May 19, 2015
A researcher at the Philippine Rice Research Institute (PhilRice) has developed the continuous rice hull (CtRH) carbonizer which can process rice hull into biochar (commonly known as charcoal) in an environmentally friendly manner and at a lesser cost, according to the Philippines government website.The CtRH is a smokeless carbonizer that converts rice hull into biochar, which can be used for cooking, baking, sterilizing and heating brooding chicks. According to the researcher, while the machine processes rice hull into biochar, it generates heat that is then recovered in the carbonizer attachments, including a high-volume, cooker, baking oven, sterilizer for mushroom fruiting bags, or heater for brooding chicks. Heat thus generated can replace heat generated from conventional sources such as LPG or electricity, he says.
Moreover, biochar produced from rice hull can be used as organic fertilizer together with animal manure. This type of organic fertilizer can  resist degradation and traps carbon in soils for hundreds of years thus reducing the impact of greenhouse gas emissions as well as environmental pollution.The PhilRice is planning to commercialize the CtRH carbonizer so that farmers can make an efficient use of rice hull produced in their fields. Farmers generally burn rice hull in their fields leading to environmental pollution. The Agricultural Secretary also urged stakeholders to utilize these eco friendly and cost efficient technologies and benefit out of them.

Oryza U.S. Rough Rice Recap - Prices Mostly Unchanged as Futures Drop; Mexico and Canada Threaten Import Tariffs

May 19, 2015
The U.S. cash market was relatively unchanged again today despite weakness in the futures market as neither buyer or seller could come off of their price ideas to make a trade.There were reports today that Canada and Mexico are threatening to impose import tariffs on U.S. rice if the U.S. requires retailers to label meat with where the animal was born, raised, and slaughtered.Analysts note that the imposition of these tariffs would crush the U.S. rice industry however most agree that there will be a resolution to this dispute.

Pakistan Rupee Appreciation Against Dollar, Euro Impacts Rice Exports in FY 2014-15, Says MOC

May 19, 2015
In a written reply to the Parliament, Pakistan's Ministry of Commerce noted that a decline in the average unit price (AUP) of non-basmati rice, appreciation of Pakistan rupee against the U.S. dollar and the euro, increased cost of production and lack of adequate research and development in the country have all contributed to a decline in Pakistan's rice exports so far in the FY 2014-15 (July - June), according to local sources.The Ministry stated that a decline in the AUP of non-basmati rice, which account for about 70% of Pakistan's total rice exports, has reduced the export value significantly so far this year.
According to data from the Pakistan Bureau of Statistics (PBS), Pakistan's total rice exports, including basmati and non-basmati, increased about 4% y/y to around 3.09 million tons in July 2014 - March 2015 from around 2.97 million tons last year. However, in terms of value, Pakistan's exports declined about 6% y/y during the period to around $1,569 million from around 1,667 million last year.According to the Ministry, appreciation of Pakistan rupee against the USD during July 2014 and January 2015 also impacted the value of exports significantly. The average value of Pakistan rupee against the dollar stood at around 100.3 during July 2014 - March 2015 compared to around 103.62 during the same period last year. Due to this, though the exports declined by only 6% in terms of dollar, they declined by about 9% in terms of rupee.
Appreciation of Pakistan rupee against the euro during July 2014 to January 2015 also affected the competitiveness of Pakistan’s rice exports to the Euro zone.The Ministry also noted that increased cost of production and lack of appropriate research in the country are also affecting the competitiveness of Pakistan rice globally. It stated that absence of development of new high yielding varieties of rice for the last thirty years is a worrisome factor. It noted that India on the other hand developed many basmati and non-basmati varieties during the last few years. Due to this there are chances that traditional markets of Pakistan may prefer Indian rice, it said. Also due to increased costs of production, Pakistan farmers are not in a position to lower prices despite a global decline in prices.It also reiterated that Pakistan has not been following any import substitution policies under the multi-lateral trading arrangement of World Trade Organization (WTO) as they erode competitiveness.

Tanzania Can Fulfil Rice Needs of Entire Region But its Export Potential Unrecognized, Says EAC Secretary General

May 19, 2015
Tanzania is capable of fulfilling the rice needs of entire East African Community (EAC) region but the government, rice growers and exporters do not recognize the country's export potential, local sources quoted the Secretary General of the EAC as saying.The official who was holding a consultative meeting with the business community members in Dar es Salaam last week told local sources that rice is the second most important and commercial crop in Tanzania after maize and is also a major source of employment, income and food security. The nation tops the EAC region in rice production with over one million tons annually.
He however says, Tanzania still has a lot of underutilized production capacity and urged the private sector to participate in rice production and make optimal use of the potential. He also noted that the Tanzanian rice is specially recognized for its quality.The EAC Secretary General also noted that the rice production in the country is characterized by small and medium sized farmers with an average yield of 1.8 tons per hectares. He said while the potential rice area is estimated at around 2-3 million hectares, only 720,000 hectares is under use currently. The government has been providing a number of large scale mechanized rice schemes especially for export but are not properly utilized, he adds.
He reminded that Tanzania's rice shipments had been banned in Kenya and Uganda for being mixed up with low quality Pakistani rice. He warned the traders not to lose their reputation by engaging in such unscrupulous acts. He said he would take up the matter with relevant authorities and ensure the ban is lifted soon.USDA estimates Tanzania to produce around 1.386 million tons of rice, basis milled, and export around 30,000 tons in MY 2014-15 (June 2014 - May 2015).

Thai Former Prime Minister Pleads Innocence in Corruption Charges in Rice Pledging Scheme

May 19, 2015
Thailand’s former Prime Minister Yingluck Shinawatra, who is facing charges of dereliction of duty in preventing multi-billion dollar graft in running the controversial rice pledging scheme introduced by her government in October 2011, has pleaded innocence in charges filed against her in the Supreme Court on the first day of the trial, according to Reuters.She has accused her enemies of purposefully creating charges against her with an intention to handicap her powerful family.

The former PM has been granted 30 million baht ($900,000) bail on condition that she should not leave the country during the trial period without written permission. The court scheduled the next hearing for July 21, 2015.The Thai National Legislative Assembly (NLA) impeached the former Prime Minister on January 23, 2015 and banned her from active politics for next five years for encouraging corruption in the rice pledging scheme introduced by her government in October 2011. If proved guilty in the present case, she may have to face imprisonment for 10 years, according to local sources.  
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