Saturday, July 04, 2015

3rd July (Friday), 2015 Daily Global Rice E-Newsletter by Riceplus Magazine

S.Korea buys 15,000 T rice for Nov

Fri Jul 3, 2015 8:29am GMT
 SEOUL, July 3 (Reuters) - South Korea's state-run
Agro-Fisheries & Food Trade Corp bought 15,000 tonnes of brown
short rice to be sourced from China for Nov. 30 arrival via a
tender closed on Friday, according to the agency's website. (www.at.or.kr)
    The agency bought the product from Daewoo International Corp
 at $893 per tonne, it said.
    The shipment will arrive at Masan.
 
 (Reporting By Brian Kim; Editing by Anupama Dwivedi)
http://af.reuters.com/article/commoditiesNews/idAFL3N0ZJ2TW20150703

Comments on other issues: Rice output soars, policy 
successful: BPS

| Readers Forum | Fri, July 03 2015, 6:12 AM
Description: Harvest time: President Joko “Jokowi” Widodo rides on harvest equipment in a rice field in Merauke, West Papua, on May 10.(Rusman/Courtesy of the Presidential Office)
Harvest time: President Joko “Jokowi” Widodo rides on harvest equipment in a rice field in Merauke, West Papua, on May 10.(Rusman/Courtesy of the Presidential Office)

The Central Statistics Agency (BPS) has said Indonesia will see a significant increase in rice production this year, giving a push to the “no imports” vision of President Joko “Jokowi” Widodo as his ambition to secure food sovereignty might materialize sooner than expected.

Your comments: 

The published figures are estimates only. If the Central Statistics Agency (BPS) has the outright
 
confirmed statistics in a few months, please publish them ASAP. I will switch to eating local rice then.

Luwanto 

With this increase in rice output, does it translate to higher incomes for paddy farmers? I do hope so?

Jon Terry

Good news, but not good enough considering the government’s overall performance this past year.

http://www.thejakartapost.com/news/2015/07/03/comments-other-issues-rice-output-soars-policy-successful-bps.html#sthash.yhYkj2hy.dpuf

Heavy rain in south China hurts rice and cotton crops

BEIJING
China's weather bureau said on Friday that heavy rain last month caused by the El Nino weather phenomenon damaged rice and cotton crops in major growing areas in the south and that conditions would continue poor this month.Rain had been more than 50 percent heavier than in normal years, flooding paddy fields and hurting early-season rice at a key growing stage. It had damaged the crop in provinces including Hunan and Jiangxi, the country's largest and second-largest rice area, the bureau said
"Some early-season rice was flowering when hit by heavy rains and the damage was very serious," said Zhang Zhuqiang, a director with the China Meteorological Administration, at a news conference.The bureau had earlier expected El Nino conditions this year to cause heavy rainfall in the south and create drought-like conditions in the north, but said that unlike in 1997-98, the intensity of the phenomenon would be moderate.
Rain would continue in most areas south of the Yangtze River this month, while lower-than-normal temperatures were forecast in northeastern corn and soy areas, which was not favourable for the crops, bureau officials told the news conference.China's harvest of early-season rice, which was 34 million tonnes in 2014, accounted for about 16 percent of the country's total rice output.China is the world's top rice consumer and producer.
(Reporting by Niu Shuping; Editing by Alan Raybould)
http://uk.reuters.com/article/2015/07/03/uk-china-weather-idUKKCN0PD0SP20150703
PM upholds unchanged VAT for rice
HA NOI (VNS) — The Prime Minister has approved the Ministry of Finance's decision to not slash the value added tax (VAT) imposed on rice in the domestic market.Accordingly, the tax rate will be retained at the current level of 5 per cent.Previously, the Viet Nam Food Association had proposed that the VAT on rice consumed in the domestic market be cut to 0.5 per cent to develop a rice brand in the domestic market.However, in response to the proposal, the Ministry of Finance said that the existing Law on VAT did not have a 0.5 per cent tax rate. If this tax rate was added, it will not be in line with the VAT reform strategy for the 2011-20 period, aimed at narrowing down the number of subjects for VAT imposition.
Description: http://vietnamnews.vn/thumbnail/450/1-1.jpg?url=Storage/Images/2015/7/3/1-1.jpgThe Finance Ministry also said that the proposal was not in line with international practices, which allow zero tax rate only on export products.Statistics from the Ministry of Agriculture and Rural Development showed that domestic rice consumption, which was imposed with a 5 per cent VAT, accounted for less than 15 per cent of the country's total rice output.On average, during the 2010-15 period, Viet Nam produced about 22 million tonnes of rice, of which 18.5 million tonnes were not subjected to any tax as they were used for exports and self-consumption. Meanwhile, some 3.5 million tonnes of rice was taxed each year.Regarding animal feed and fertilisers, the Ministry of Finance has proposed to continue animal feed in the list of goods receiving VAT exemption, while the impact of VAT exemption on fertilisers should continue to be evaluated to raise proposals for amendments to law. — VNS
Statistics from the Ministry of Agriculture and Rural Development showed that domestic rice consumption, which was imposed with a 5 per cent VAT, accounted for less than 15 per cent of the country's total rice output. — VNA/VNS Photo Trong Dat
http://vietnamnews.vn/economy/272557/pm-upholds-unchanged-vat-for-rice.html

Cambodia's rice export up nearly 60 pct in 1st half of 2015

Friday, 03 July 2015; News by Xinhua
PHNOM PENH, July 3 (Xinhua) -- Cambodia exported 283,825 tons of milled rice in the first six months of 2015, a 59.5 percent increase from the 177,928 tons over the same period last year, according to an official report on Friday.Seventy-two companies have exported Cambodian rice to 51 countries and regions, said the report compiled by the Secretariat of One Window Service for Rice Export.

Three top buyers are China, France and Poland. During the January-June period this year, Cambodia exported 72,086 tons of rice to China, up 9 times from only 7,731 tons over the same period last year, as the country sold 36,233 tons to France, up 8 percent and 32,268 tons to Poland, down 4 percent.The Southeast Asian country produced over 9 million tons of paddy rice a year. With this amount, it has more than 3 million tons of milled rice left over for annual exports.

In 2010, the country launched a rice promotion strategy, setting a goal of exporting one million tons of milled rice by the end of 2015; however, Commerce Minister Sun Chanthol said early this year that it was unlikely to achieve the self-imposed target due to a lack of milling capacity and funding

http://www.khmertimeskh.com/news/12861/cambodia-s-rice-export-up-nearly-60-pct-in-1st-half-of-2015/

More groundwater being supplied to rice fields


More groundwater being supplied to rice fields
BANGKOK, 3 July 2015 (NNT) – The Department of Groundwater Resources has revealed that over 50,000 cubic meters of groundwater is being pumped up each day and supplied to rice farmers for use on their plantations.

According to Director-General of the Department of Groundwater Resources Praneet Roibang, the department is constantly in search of additional groundwater sources for the country. Out of 500 artesian wells planned to be dug, 141 are now underway, accounting for about 28 percent. So far, the department has been able to pump up 57,156 cubic meters of water each day.At present, the acquired water is mainly distributed to drought-stricken areas along the Chao Phraya River in the Central Plains and the lower northern region. The assistance has so far reached 15 provinces, including Uttaradit, Sukhothai, Suphan Buri, Nakhon Sawan, Ratchaburi, Ayutthaya and Pathum Thani.
Meanwhile, the Ministry of Natural Resources and Environment has set up a working committee responsible for following up the development of groundwater sources for agricultural use and overseeing the assistance of drought-affected farmers.
http://news.thaivisa.com/thailand/more-groundwater-being-supplied-to-rice-fields/104833/

TDAP URGED TO CLOSE QRC TO SOAR RICE EXPORT


Friday, July 03, 2015 - Karachi—The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the ministry of commerce to the difficulties being faced by the SME rice exporters due to the lingering in the implementation of already decided closure of the Quality Review Committee (QRC). President Unisame Zulfikar Thaver said it was finally decided by the Ministry to close the QRC as it was unanimously agreed that QRC has become futile and the committee as pointed out by all stakeholders is not serving any purpose. The buyers prefer to import rice in their own or selected brands of blended rice.He urged the federal commerce minister engineer Khurram Dastagir to direct the Trade Development Authority of Pakistan (TDAP) to disband the futile committee and to close it immediately as every single day matters for closure of this troublesome body.
Many buyers demand blended rice of different varieties with basmati rice as basmati rice has aroma and when mixed with 1121 and 386 makes it aromatic.It is pertinent to note that 1121 is the most expensive rice. It is in great demand all over the Gulf and Middle East countries but is not classified as basmati rice. The demand for basmati rice is very little as compared to 1121 and 386. QRC is not required anymore and its presence as an inspection cell is more a hurdle than a monitor because it is issuing certificates for non-basmati rice as basmati rice under pressure to keep business going. The big rice exporters are obliged but the SMEs are facing difficulties.—Agencies

http://pakobserver.net/detailnews.asp?id=267513

Rice mills directed to submit details of available stock

July 03, 2015
RECORDER REPORT
The Punjab government has directed all the rice mills in the province to submit details of their available stocks in next five days to the government enabling it for chalking out a strategy to resolve the problems being faced by the growers at present or with regard to the coming crop. The millers will submit stock reports in next five days in the office of the Director General Agriculture (Extension). A form has been despatched through rice growers', traders and millers and market committees across the province. Millers can obtain their form from any of these bodies and then submit stock reports directly or through these bodies, sources in the provincial agriculture department said here on Thursday. 
The sources said that an important meeting to discuss the problems of the rice growers was held here the other day with Parliamentary Secretary Ch Asad Ullah Arain in the chair. The meeting was attended by the stakeholders of rice business including exporters, millers and growers' representatives. The meeting decided that correct information of rice stocks available from crop 2013-14 and 2014-15 should be collected to get a clear picture and then talk to departments concerned for solution of the problems faced by the rice growers and businessmen. 

http://www.brecorder.com/agriculture-a-allied/183/1203176/

APEDA News (India)

Price on: 02-07-2015
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
5975
2
Turkish No. 4 whole pitted, CIF UK (USD/t)
5375
3
Turkish size 8, CIF UK (USD/t)
4375
Raisins
1
Californian Thompson seedless raisins, CIF UK (USD/t)
2394
2
South African Thompson seedless raisins, CIF UK (USD/t)
2266
Sultanas
1
Australian 5 Crown, CIF UK (USD/t)
3004 
2
Iranian natural sultanas (Gouchan), CIF UK (USD/t)
1892
3
Turkish No 9 standard, FOB Izmir (USD/t)
2350
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 02-07-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Cachar (Assam)
Other
2000
2500
2
Bargarh (Orissa)
Other
2300
2500
3
Gumla (Jharkhand)
Other
2800
3100
Wheat
1
Dhing (Assam)
Other
1500
1700
2
Amirgadh (Gujarat)
Other
1300
1500
3
Bonai (Orissa)
Other
1450
1600
Pine Apple
1
Harippad (Kerala)
Other
2500
3000
2
Sirhind (Punjab)
Other
1500
2500
3
Sohra (Meghalaya)
Other
2000
4000
Cabbage
1
Chala (Kerala)
Other
2800
2850
2
Bolangir (Orissa)
Other
2800
3000
3
Talalagir (Gujarat)
Other
1250
1260
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 02-07-2015
Product
Market Center
Price
1
Ahmedabad
350
2
Nagapur
312
3
Namakkal
340
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 01-07-2015
Product
Market Center
Origin
Variety
Low
High
Potatoes
Package: 50 lb cartons
1
Atlanta
Colorado
Russet
23.50
23.50
2
Baltimore
Idaho
Russet
22
26
3
Detroit
Wisconsin
Russet
19
19.50
Cauliflower
Package: cartons film wrapped
1
Atlanta
California
White
22.50
23.50
2
Detroit
Michigan
White
13
15
3
Miami
Mexico
White
18
18
Apples
Package: cartons tray pack
1
Atlanta
Virginia
Red Delicious
19
19
2
Dallas
Washington 
Red Delicious
19
22
3
Detroit
Washington
Red Delicious
26
26.50
Source:USDA

Heavy rain in south China hurts rice and cotton crops

BEIJING (Reuters) - China's weather bureau said on Friday that heavy rain last month caused by the El Nino weather phenomenon damaged rice and cotton crops in major growing areas in the south and that conditions would continue poor this month.Rain had been more than 50 percent heavier than in normal years, flooding paddy fields and hurting early-season rice at a key growing stage. It had damaged the crop in provinces including Hunan and Jiangxi, the country's largest and second-largest rice area, the bureau said"Some early-season rice was flowering when hit by heavy rains and the damage was very serious," said Zhang Zhuqiang, a director with the China Meteorological Administration, at a news conference.

The bureau had earlier expected El Nino conditions this year to cause heavy rainfall in the south and create drought-like conditions in the north, but said that unlike in 1997-98, the intensity of the phenomenon would be moderate.Rain would continue in most areas south of the Yangtze River this month, while lower-than-normal temperatures were forecast in northeastern corn and soy areas, which was not favourable for the crops, bureau officials told the news conference.China's harvest of early-season rice, which was 34 million tonnes in 2014, accounted for about 16 percent of the country's total rice output.China is the world's top rice consumer and producer.
(Reporting by Niu Shuping; Editing by Alan Raybould)
https://uk.news.yahoo.com/heavy-rain-south-china-hurts-rice-cotton-crops-085723958.html#nkVyonU
Improving rice value chain will benefit Malawi smallholder farmers
Prof Kamchacha
July 3, 2015 Emmanuel Muwamba Business, Featured 2 comments
Rice is considered as one of the key strategic crops to be promoted in Malawi not only because it has the potential to be promoted primarily as an import substitute, but also secondarily as an export crop.
 Principal Secretary Chiunda appreciates rice packaging
 Principal Secretary Chiunda visits displays at the fair
As an export crop, rice has the potential to generate the much needed revenue in the country, explained Professor David Kamchacha, chairperson of the National Rice Development Platform(NRDP) at the National Rice Marketing Conference and Fair on Wednesday.
t if rice is to be exported, he added, it is imperative that the marketing systems in the rice value chain be improved and strengthened so as to benefit all the value chain players from the smallholder farmer to exporter.Kamchacha noted that marketing of rice in Malawi continues to be hampered by a number of factors chief of which is lack of a structured market system.He cited one common issue of minimal interface between the large scale buyers and the farmers.
Description: Description: Principal Secretary Chiunda visits displays at the fair“Majority of rice farmers do not have potential viable markets for their rice and rely on common seasonal vendors and traders. 95% of the smallholder rice producers sell their rice to local traders. As such, the farmers are limited in terms of the price gains due to their inability to benefit from higher prices offered by the large scale millers.He also disclosed that 74% of rice producers sell un-milled rice (paddy) while the remainder is milled by smallholder farmers themselves who sell it with a degree of value addition. In some cases, farmers sell rice to their association or cooperative which markets the rice for them. This helps farmers attain better prices.
Another issue facing rice marketing is the minimal storage capacity among the smallholders, hampering farmers from taking advantage of seasonal price hikes, said Kamchacha.“As a result, the rice farmers end up being the price-takers as they enter the market at the lowest point in the seasonal price. This situation of immediate post-harvest crop sales is also unhelpful for the processors as they have to find capital to purchase in bulk, within a short period of the season rather than make purchases at intervals throughout the season,” lamented Kamchacha.“There is also a challenge of limited information sharing between rice producers and traders as well as processors. Rice farmers at times produce without knowing the varieties and quantities demanded by traders and processors.
“The traders and processors are not forthcoming with the volumes and quantities demanded by the market. Hence, rice trading tends to be ad hoc and mainly on individual basis which compromises quality of rice as well as the bargaining power of rice producers for a better price,” he said.He however stated that the National Rice Marketing Conference and Fairorganised towards the goal of developing strong rice market through strengthened market linkages provided a platform for dialogue among the stakeholders on marketing issues and an opportunity for business to business meeting; and also provides a platform for introduction of warehouse receipt system in the rice value chain.Principal Secretary for Ministry of Industry and Trade, Cliff Chiunda applauded NRDP for organising the National Rice Marketing Conference and Fairobserving that the initiative complements government’s efforts in improving farmer’s access to markets and promoting investment in agricultural sector for increased agricultural exports. Chiunda implored sector players to join hands to implement strategic actions outlined in the rice development strategy for farmer to realise increased income and export earnings through sustainable rice production, marketing and utilization.The National Rice Marketing Conference and Fairwas organised by NRDP which is facilitated by AICC, CISANET and ICCO. Membership of the NRDP is open to the players in the Malawi’s rice value chain.
AgricultureCisanetCliff Chiunda


http://www.nyasatimes.com/2015/07/03/improving-rice-value-chain-will-benefit-malawi-smallholder-farmers-prof-kamchacha/

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

Friday, July 03, 2015

3rd July (Friday),2015 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine


UNISAME Urges Pakistan Government to Speed Up Closure Process of QRC to Boost Rice Exports
Jul 02, 2015

The President of the Union of Small and Medium Enterprises (UNISAME) has urged the Commerce Ministry to speed up the process of the closure of the Quality Review Committee (QRC) and help small and medium rice exporters (SME), according to local sources.
He noted that since the Ministry has already decided to close the QRC as it has become futile and its committee is not serving any purpose, it should direct the Trade Development Authority of Pakistan (TDAP) to disband the futile committee and close the body immediately.
The UNISAME President also noted that the QRC has not been monitoring rice quality in line with the buyers' needs. In most cases, it has been issuing certificates for non-basmati as basmati to keep business going. For instance, most of the buyers in the Middle East and Gulf nations prefer blended rice. Some varieties of normal rice such as 1121 and 386 are mixed with basmati to add a flavor of aroma. Such blended varieties are said to be classified as basmati by the QRC and helping some exporters to sell this blended rice as basmati and make more money. Therefore, the UNISAME President says SME rice exporters who export genuine rice are facing difficulties. QRC is more a hurdle than a monitoring body, he adds.
Pakistan has exported around 3.71 million tons of rice in the first eleven months of FY 2014-15 (July 2014 - June 2015), up about 6% from around 3.49 million tons exported during the same period in FY 2013-14.
Global Rice Quotes
July 2nd, 2015

Long grain white rice - high quality
Thailand 100% B grade 380-390
Vietnam 5% broken 345-355
India 5% broken 380-390
Pakistan 5% broken 375-385
Myanmar 5% broken 415-425
Cambodia 5% broken 425-435
U.S. 4% broken 450-460
Uruguay 5% broken 565-575
Argentina 5% broken 555-565

Long grain white rice - low quality
Thailand 25% broken 350-360
Vietnam 25% broken 325-335
Pakistan 25% broken 335-345
Cambodia 25% broken 410-420
India 25% broken 350-360
U.S. 15% broken 440-450

Long grain parboiled rice
Thailand parboiled 100% stxd 380-390
Pakistan parboiled 5% broken stxd NQ
India parboiled 5% broken stxd 365-375
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% 830-840
Vietnam Jasmine 475-485
India basmati 2% broken NQ
Pakistan basmati 2% broken NQ
Cambodia Phka Mails 835-845

Brokens
Thailand A1 Super 315-325
Vietnam 100% broken 310-320
Pakistan 100% broken stxd 290-300
Cambodia A1 Super 350-360
India 100% broken stxd 275-285
Egypt medium grain brokens NQ
U.S. pet food 350-360
Brazil half grain NQ
All prices USD per ton, FOB vessel, oryza.com
Indian Researchers Conserving Indigenous Rice Varieties to Develop New High-Yielding Ones
Jul 02, 2015
Researchers from the Central Rice Research Institute (CRRI) and the State Seed Testing Laboratory (SSTL) in Odisha along with the National Bureau of Plant Genetic Resources (NBPGR) under ICAR and Protection of Plant Varieties and Farmers' Rights Authority (PPV & FRA) in New Delhi are collecting and preserving indigenous rice varieties in order to develop new high-yielding rice varieties, according to local sources.
The CRRI Director told local sources that they have planned to conserve indigenous rice varieties as they are often destroyed by rapid urbanization and industrialization. Their best genes can be later used to develop new varieties, he said.
CRRI reportedly has nearly 30,000 indigenous varieties, including 5,000 from Odisha and 11,000 from NBPGR. "We preserve them by maintaining a temperature of 4 degree centigrade and 30% relative humidity for medium-term conservation of eight years. But, NBPGR has nearly 10, 2000 varieties of different crops, including rice. It stores them by maintaining temperature of -18 degree centigrade and 15% relative humidity for long-term conservation of over 50 years," a CRRI scientist was quoted as saying.
A NBPGR official claimed that their stock with the CRRI includes 300 wild varieties that belong to five rare species in the world. He noted that only 20 wild rice species have been identified in the world.An official from SSTL told that they genetically cleanse indigenous rice varieties so that their yield potential increases by 25% on an average.
"Each variety has over 62 traits and it is mandatory to analyze 29 and report to PPV & FRA for its acceptance," another official from SSTL was quoted as saying.
Usually NBPGR collects and stores up to 20 grams of a variety, the CRRI collects up to 250 grams and SSTL collects 3 to 4 kilograms.
El Nino May Push Up Thai Rice Prices in Second Half of 2015, Says Official
Jul 02, 2015

The Director-General of the Foreign Trade Department (Dg-FTD) under the Commerce Ministry has noted that the Thai rice prices, which have fallen significantly since the beginning of this year, are likely to increase in the second half as El Nino weather pattern is expected to impact production in many countries, according to Bloomberg.
Demand from China, Indonesia and the Philippines is also expected to support prices. The price of Thai 5% broken white rice has increased by about 2.7% to around $375 per ton from around $365 per ton in first week of June.
The Commerce Ministry is putting up around 1.39 million tons of rice for sale on July 7. It  sold about 2.94 million tons of rice in the first seven auctions since it took power in May 2014, raising about 30.2 billion baht (around $894 million).
The Thai military government currently holds over 16 million tons of rice in its warehouses and is planning to sell about 10 million tons this year about six million tons next year. It also is planning to sell about 5.89 million tons of spoilt rice to industrial users in July.
Brunei Stepping Up Efforts to Increase Quality of Rice Production, Says Minister
Jul 02, 2015

The government of Brunei is stepping up efforts to increase the quality of rice production rather than focusing on just increasing the volume, Brunei Times quoted the Minister of Industry and Primary Resources (MIPR).
The Minister who attended the forth planting of Padi Laila at the Kampung Limau Manis Agricultural Development Area (Kawasan Kemajuan Pertanian, KKP), which was organized by the Department of Agriculture and Agrifood (DAA), told reporters that the government is also planning to provide farming entrepreneurs with a quality planting system in order to support them to achieve quality yields by avoiding threats like birds, rodents, insects and pests. He noted that more research is needed to identify potential threats accompanying rice production.
Rice production is being carried out in KKP since 2013 by 21 entrepreneurs who completed a basic padi planting management course through the Brunei Rice Farmers Field School organised by the DAA and each entrepreneur manages two to three lots. The DAA had supported the KKP project with a concrete drainage and irrigation technology. The project yielded a total of 100,800 kilograms in the 2013-14 prime season, 42,000 kilograms in the off-season and 79,700 kilograms in 2014-15 prime season. The project sells its output to the government under a buy-back agreement.
In March this year, the MIPR Minister apprised the Parliament that the country produced around 1,380 tons of milled rice in 2014, up about 12% from 1,230 tons in 2013 and was far from achieving the 60% rice-sufficiency target by 2015. He noted that the Ministry has identified certain problem areas, which have to addressed to achieve a significant increase in rice production.
Brunei’s milled rice production has remained at around 1,000 tons since 2002, and the country imports most of rice required for domestic consumption. In 2008, the Sultan of Brunei said that Brunei Darussalam should not be dependent on other countries for its rice supply and should have their own strategic plan to ensure food security.
The USDA estimates Brunei's milled rice production to remain at 1,000 tons in the MY 2014-15 (January - December 2015), and estimates the country to import around 40,000 tons in MY 2014-15 to meet an annual consumption demand of around 41,000 tons.
Thailand Rice Sellers Increase Some of Their Quotes Today; Vietnam Rice Lower Some Quotes Today
Jul 02, 2015
Thailand rice sellers increased their quotes for 100% broken rice, 5% broken rice and 25% broken rice each by about $5 per ton around $380-$390 per ton, $370-$380 per ton and $350-$360 per ton respectively. They increased quotes for parboiled rice by about $7 per ton to around $380-$390 per ton. Vietnam rice sellers lowered their quotes for 5% broken rice by about $5 per ton to around $345-$355 per ton. Other Asia rice sellers kept their quotes mostly unchanged today.                                                                                          
5% Broken Rice
Thailand 5% rice is indicated at around $370 - $380 per ton, up about $5 per ton from yesterday about a $25 per ton premium on Vietnam 5% rice shown at around $345 - $355 per ton. India 5% rice is indicated at around $380 - $390 per ton, unchanged from yesterday and about $5 per ton premium on Pakistan 5% rice shown at around $375 - $385 per ton.
25% Broken Rice
Thailand 25% rice is shown at around $345 - $350 per ton, up about $5 per ton from yesterday and about a $20 per ton premium on Vietnam 25% rice shown at around $325- $335 per ton.
India 25% rice is indicated at around $350 - $360, about $15 per ton premium on Pakistan 25% rice shown at around $335 - $345 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $375 - $385 per ton, up about a $5 per ton from yesterday. India parboiled rice is indicated at around $365- $375per ton, unchanged from yesterday and about a $30 per ton discount to Pakistan parboiled rice last shown at around $395 - $405 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about $5 per ton premium on Vietnam 100% broken rice shown at around $310 - $320 per ton. India's 100% broken rice is shown at around $275 - $285 per ton, unchanged from yesterday and about a $15 per ton discount to Pakistan broken sortexed rice shown at around $290 - $300 per ton.
World Bank to Support Vietnam's Rice Restructure Plan
Jul 02, 2015

The International Development Fund (IDF) of the World Bank (WB) is providing Vietnam with a loan of $238 million to support its agricultural restructuring plan, according to local sources.
Vietnam is particularly planning to reform its two major exporting sectors, rice and coffee, under the plan, according to World Bank’s Lead Rural Development Specialist and team leader for the project. He noted that Vietnam's rice sector is characterized by unsustainable practices and high-volume but low-value exports. The project aims to bring structural changes in the pattern of production and the supply chain in order to benefit small-holder farmers.
The WB's credit is expected to directly benefit about 200,000 rice producing households of about one million people in the Mekong River Delta (MRD). The project will assist rice farmers in the provinces of Kien Giang, An Giang, Hua Giang, Tien Giang, Can Tho, Soc Trang, Dong Thap, and Long An to adopt latest on-farm practices and improved basic production and processing technologies for producing high quality rice.
Experts have been advising the government to focus on high quality rice production in order to increase the country's competitiveness in the global market.
DNA Chip Unveils Truth About Two Groups of Cultivated Rice Varieties
Jul 02, 2015
A DNA chip developed by researchers of the Benares Hindu University (BHU) researchers for fingerprinting of rice by the Indian Council of Agricultural Research (ICAR) scientists proved that the two most important groups of cultivated Aus and Aman (Indica) rice varieties were domesticated in India, according to Times of India.
The findings have gained importance in the light of a debate that has been going on as to whether the two varieties were first cultivated in India or China.
Scientists told local sources that they have developed the chip based on a comprehensive set of single-copy rice genes. The lead researcher of the chip project noted that the chip can used to store and study data related to genetic diversity and phylogenetic characteristics of cultivated and wild rice varieties. "The chip has also proved useful for monitoring the spread of new rice varieties, checking the purity and varietal identity of rice seeds and therefore in quality control and regulation of rice seed business," he was quoted as saying.

"The ICAR rice chip will help identify new useful genes from our vast genetic resources of wild rice and traditional rice varieties to face the twin challenges of growing population and climate change," he added.
The BHU spokesperson noted that the DNA chip is  a breakthrough in rice genetic research. It is a high density chip and is capable of storing 50,051 SNP (single nucleotide polymorphism) genotypes and can be used for both genetic and evolutionary studies as well as molecular breeding in rice, he added.

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