Wednesday, February 03, 2016

1st February 2016 Daily Global Rice E-Newsletter by Riceplus Magazine-Latest Rice News Updates

Today Rice News Headlines...
·         Realising Iran-Pakistan trade potential
·         Import duty on rice increased
·         Flood tolerant rice boosts food output
·         NFA-Davao: Sufficient rice supply despite damage caused by El Nino
·         150,000 rice farmers to be engaged in dry season farming – RIFAN
·         Soft loans urged for Thai rice farmers
·         UPDATE 2-Thaland to sell 570,000 tonnes of rice from stockpiles
·         Indonesia working on rice import deal with India
·         Nagpur Foodgrain Prices Open-Feb 01
·         Thailand to sell 570,000 tonnes of rice from stockpiles
·         Rice Prices
·         Arkansas Farm Bureau Daily Commodity Report
·         ICAR- NRRI Recruitment 2016: Apply for 06 Lower Division Clerk Posts
·         India elbowed out Thailand to take the position of world’s largest rice exporter
·         APEDA Rice Commodity Rice News
·         Not so fast, bees
·         Rice procurement up 25% to 24.47 Million Tonnes
News Detail...

RealisingIran-Pakistan trade potential

Published: January 31, 2016
Prime Minister Nawaz Sharif meets Iranian President Hassan Rouhani in Tehran on January 19, 2016. PHOTO: PM OFFICE
As has been noted in this space before, the lifting of sanctions on Iran is a highly welcome development both for the world and the region. It has made the world relatively less prone to violence and wars, and reasonably more open to trade. Being one of its closest neighbours and sharing a common border, culture and faith, one would have thought it was but natural for Pakistan to develop deep-rooted trade and economic relations with Iran. However, even before the imposition of sanctions, the bilateral trade between the two had never crossed the $1 billion The main reason for such an insignificant trade relationship between the two is the fact that both have been, traditionally, essentially importing countries and their exports had remained confined to commodities like oil in the case of Iran and cotton textiles and rice in the case of Pakistan. 
Since we have traditionally been dependent on Saudi Arabia for our oil needs for a number of reasons, our oil imports from Iran had remained next to nothing. On the other hand, petro-dollar rich Iran had always been a highly lucrative market for manufactured goods and services from Europe, Japan, Russia and the US. Now that the sanctions have been lifted, it was but natural for the two — the big importer and the big exporters — to quickly revive their old trading links. And that is exactly what is happening today with Iranian President Hassan Rouhani undertaking tours of Italy and France where a number of money-spinning trade agreements were signed.
Though touted as a mediatory journey to end the feud between Riyadh and Tehran, Prime Minister Nawaz Sharif did well to visit Iran recently after having visited Saudi Arabia. One would also have expected Pakistan to initiate some very quick and far-reaching moves focusing on bilateral commerce and trade. The first and foremost move should be to establish banking channels with Iran.


 Next, we should speed up the process of finalising the deal for construction of phase one of the Iran-Pakistan gas pipeline from Gwadar in Balochistan to Nawabshah in Sindh. In the second phase, Pakistan needs to work on the 80km-long portion of the pipeline linking it with the Iranian border. Pakistan currently imports 74MWs of electricity from Iran for its coastal Makran division. The two countries are considering another two projects, involving the import of 1,000MWs and 100MWs of power. However, Iran has the potential to increase its electricity export to 3,000MW to energy-starved Pakistan.

In addition, Islamabad can easily increase its fruit and vegetable exports to Iran up to $80 million. Pakistan could also export huge quantities of meat, rice, oranges, mangoes and guava pulp to Iran. At present, due to tough regulatory standards and the economic slowdown in Europe, Pakistan’s fruit and vegetable exports have come under severe pressure. The Ministry of Commerce, in consultation with Iranian authorities, has already designed a $5 billion five-year two-way trade plan. Pakistan is also considering negotiating a free trade agreement with its neighbour and a draft of the proposed accord would be presented as soon as Tehran expresses its willingness.

The next step after a preferential trade agreement is a free trade deal and Pakistan cannot find a better time to start talks on this issue than right now. Iranian duties on agriculture fluctuate widely, ranging from on-seasonal highs to off-seasonal lows. The two sides need to agree on sanitary and phyto sanitary standards as these can prove to be unwanted barriers to bilateral trade. Pakistan and Iran have also agreed to consider linking the latter with the China-Pakistan Economic Corridor in an effort to strengthen border markets and upgrade road and railway networks. It is now important that a clear economic and trade policy vis-a-vis Iran emerges in the near future. We must take full advantage of the recent changes in global politics and economy, and foster better ties with an important neighbour.
Published in The Express Tribune, February 1st,  2016.

Pakistan has sent a ship to Cuba today carrying 15000 thousand tons of rice to help Cuba in this hour of need
Pakistan has sent a ship to Cuba today carrying 15000 thousand tons of rice to help Cuba in this hour of need . The decision was taken under the directions of Prime Minister Muhammad Nawaz Sharif who is reported to have said that Pakistan will extend all possible assistance and help to Cuba. The Prime Minister said that Pakistan is reciprocating Cuba with the same good well spirit as Cuba did by sending teams of doctors during the earthquake hit our country.The ship carrying the rice includes 10000 tons of Irri 6 and 5000 tons of Basmati rice.
http://www.pmo.gov.pk/news_details.php?news_id=472

Import duty on rice increased

 1 February 2016

In today's News

 British tourist trampled to death by Thai elephant The import duty on a kilogram of rice has been increased to Rs 50 rupees from Rs 35 with effect from midnight Sunday Jan.31,. Minister of Finance Ravi Karunanayake said.The government has taken this decision to protect the local farmers due to a surplus in local paddy stocks
http://www.sundaytimes.lk/94329/import-duty-on-rice-increased



Flood tolerant rice boosts food output

RANGPUR:  Cultivation of flood-tolerant varieties of rice continues successfully in recent times to increase rice output in Bangladesh where the farmers again achieved bumper production for the fifth
consecutive time last season. The tremendous success in farming of flood tolerant BRRI dhan51, BRRI dhan52, BINA dhan11 and BINA dhan12 rice varieties has ushered in a new era in the agriculture sector to ensure national food security even amid changing climate, said a BSS report. Like in the previous years, the farmers got excellent yield rates of flood tolerant rice varieties between 4 to 5.5 tonne paddy per hectare during the last Aman season even after submergence of growing rice plants for over two weeks during floods.
According to agriculture experts, enhanced cultivation of flood tolerant rice has been increasing rice production in Bangladesh in recent years to ensure food security bringing fortune to thousands of the farmers to improve their livelihoods. Farmers said they harvested bumper yield of flood tolerant rice varieties despite the tender plants successfully sustained submergence and resumed normal growth again after recession of floodwater from flood-prone areas last season.
 The farmers thanked the Stress Tolerant Rice for South Asia & Africa (STRASA) project for extending assistance with Bill & Melinda Gates Foundation (BMGF) funding through the International Rice Research Institute (IRRI) in achieving the success. The STRASA-IRRI project was implemented with GO-NGO collaboration during the past five consecutive years to substantially increase rice output in Bangladesh making the country self-sufficient on rice despite climate change impacts. IRRI Representative for India & Nepal and Regional Coordinator of Stress Tolerant Rice Programme for South Asia at IRRI-India Office Dr US Singh highly lauded the success of Bangladesh in enhancing cultivation of stress tolerant rice. He also narrated the success achieved in expanding cultivation of flood-, drought- and saline- tolerant rice in India, Nepal and Bangladesh in recent times and said Bangladesh has brighter prospect for further expanding cultivation of these rice varieties.-Asfar 
http://www.thefinancialexpress-bd.com/2016/01/30/13187

NFA-Davao: Sufficient rice supply despite damage caused by El Nino


 
InterAksyon.com
The online news portal of TV5
DAVAO CITY - The National Food Authority-Davao City has assured there is sufficient rice supply despite tens of thousands of hectares of rice and corn damaged by El Nino Southern Oscillation (ENSO) phenomenon in Davao Region’s rice and corn producing farmlands.Virgilio Alerta, NFA-Davao provincial manager, estimated the current buffer stock of rice in the city at 600,000 tons, enough to last until the next harvest season.

 He said the rice stocks come from Vietnam and Thailand, and from local producers region-wide.However, if the dry spell persists, the stocks will be significantly reduced, he said. Anticipating such scenario, Alerta however remains confident that other rice-producing areas in the region slightly hit by El Nino are ready to augment the city’s rice supply.The city, he said, has enough ports to receive rice stocks being transported into the city from other provinces.The Philippine Atmospheric, Geophysical and Astronomical Services (Pagasa) Chief Meteorological Officer in Davao, Gerry Pedrico, said the region has been experiencing 2.7-degree Celsius surface temperature or a temperature of 35 to more than 37 degrees.Alerta made the assurance after the Department of Agriculture (DA) 11 regional office confirmed 80 percent of the 6,427 hectares of corn and 5,576 of rice production areas in the region were damaged by drought.This would translate to an estimated P247 million worth of yields lost, Engr. Corazon Ditarro of the DA's Bureau of Soil and Water Management said.

She said of the P247 million estimate, P107 million is for rice and P140 million for corn.DA-11 Disaster Risk Reduction and Management Officer Joedel Leliza said DA has allocated P34 million for El Niño mitigation and assistance programs. These programs include distribution of certified seeds, cloud seeding, and irrigation.DA’s funding allocation for El Nino, however, does not include long-term program such as building resilient agricultural farms or drought-tolerant production farms.

On January 23, 26, and 27, DA 11 had conducted cloud seeding operations using 2,000 kilos of salt. Areas that benefitted from the cloud seeding included Malungon, Lake Sebu in Sarangani province; Kidapawan, Matalam in North Cotabato; Columbio in Sultan Kudarat; Sulop, Sta. Maria, Basyawan Kiblawan, and Jose Abad Santos in Davao del Sur; and Upper Tampakan, Banga in South Cotabato and other parts of North Cotabato and Maguindanao.DA also distributes certified rice seeds, green super rice, and open surface pump through its Agri-Pinoy Rice Program. About P23,129,400 and another P9,213,750 were already utilized for these interventions.Leliza said DA also implements the Agri-Pinoy High Value Crops Development Program amounting to P1,910,250 in the form of mungo bean seeds and water plastic drums.
In de-silting of irrigation canals, DA implements cash for work program, he added.

Rice stocks at a warehouse of NFA. FILE PHOTO BY ANA RELOVA

150,000 rice farmers to be engaged in dry season farming – RIFAN

 

Rice Farmers Association of Nigeria (RIFAN) on Sunday said 150,000 rice farmers would be engaged in dry season farming in Zamfara as part of effort to ensure food security in the country.The Secretary of the association in the state, Alhaji Sanusi Muhammad, disclosed this in an interview with the News Agency of Nigeria (NAN) in Gusau.Muhammad said the association had begun educating people on the need to participate in local rice production to boost their economy and ensure food security.He said the special intervention programme recently launched by the Federal Government on rice farming had boosted the moral of the farmers.

He said more than 20,000 hectares in Bakalori dam irrigation scheme and Fadama schemes in Maradun, Bakura and Talata-Mafara Local Government areas would be cultivated.“The association is working with government agents to register active rice farmers to facilitate easy reach whenever the need arises.’’The secretary urged the state and federal government to meet necessary standard in local rice production.Meanwhile, a farmer in Talata-Mafara, Jamilu Abubakar, had expressed concern over poor market for locally produced rice.

Abubakar, who appealed to the government to provide modern processing machines in the area, also urged the government to expand Bakalori irrigation scheme to accommodate more farmers wishing to invest in rice production.When contacted, the Director, Federal Ministry of Agriculture in the state, Alhaji Musa Raji, said arrangement had been concluded for the distribution of fertilizer and other inputs to farmers in the state. (NAN)
http://naija247news.com/2016/01/150000-rice-farmers-to-be-engaged-in-dry-season-farming-rifan/

Soft loans urged for Thai rice farmers


Soft loans urged for Thai rice farmers 
BY LARRY BANKS

BANGKOK: — According to an article in The Nation, rice farmers in Thailand have called upon the government to release soft loans worth around 40 billion Baht to those who joined the rice plantation integration project so they can have more financial liquidity.
The president of the Thai Agriculturalists Association, Suthep Kongmark, said that small farmers need soft loans to invest in rice production.The plantation-integration project was launched by the Thai government to help small farmers integrate their rice fields and lower production costs. Each farmer reportedly needs around 100,000 Baht in loans to increase financial liquidity, said Suthep
http://news.thaivisa.com/thailand/soft-loans-urged-for-thai-rice-farmers/130220/

UPDATE 2-Thailand to sell 570,000 tonnes of rice from stockpiles


(Revises amount to 570,000 tonnes, adds auction date in 3rd pargraph, quote in 4th paragraph)
By Panarat Thepgumpanat
Feb 1 Thailand will sell 570,000 tonnes of rice from government stockpiles for human consumption and industrial use, the commerce ministry said on Monday.Thailand, the world's second-biggest rice exporter after India, has stocks of about 13 million tonnes following the rice-buying scheme under the previous government of Yingluck Shinawatra that cost the state billions of dollars and ended in 2014.Bidding for the rice, the military government's first sale this year from its huge stockpiles, will take place on Feb. 16 and 17, commerce ministry permanent secretary Chutima Bunyapraphasara told reporters."The government has allowed the commerce ministry to auction 570,000 tonnes of rice from stocks because the rice situation facilitates the offloading of rice," said Duangporn Rodphaya, director-general of the Foreign Trade Department at the Commerce Ministry, which oversees rice stock sales. Duangporn spoke to reporters after Chutima.

Warehouses storing the rice will be open for inspection from Feb. 2 to 10, said Duangporn.The first lot for auction will be "good grade" rice for human consumption and the second lot would be Grade C for industrial use, said Chutima when speaking to reporters.The size of the first auction of "good rice" will be about 204,000 tonnes while the second lot will be about 360,000 tonnes, Chutima clarified in a statement later.The military government has struggled to draw down the rice stockpiles built up under the previous administration since some of the rice has degraded. With the rice unfit for human consumption, the inventories are harder to auction. The current government has said it plans to clear the stocks by 2017.

The government began selling rice last year deemed unfit for human and animal consumption for use in the industrial sector, including ethanol production.In her earlier comments, Chutima said that rice paddy, or unmilled rice, from the 2015-2016 crop year had nearly all reached the market, meaning that the government can start releasing rice from stockpiles again."We can start releasing rice in stockpiles as this does not affect the price of paddy," she said. (Additional reporting by Patpicha Tanakasempipat; Writing by Amy Sawitta Lefevre; Editing by Christian Schmollinger)
http://in.reuters.com/article/thailand-rice-idINL3N15G3AO

Indonesia working on rice import deal with India

AMITI SEN
NEW DELHI, FEBRUARY 1:  
In a move that could boost sagging rice exports from the country, Indonesia is working on an agreement with India to buy rice to get over its temporary deficit of the cereal.“The details of price and quantity are yet to be arrived at. We are currently negotiating it,” a Commerce Ministry official told BusinessLine.Both sides are working out details of a memorandum of understanding which is expected to be signed when Indonesian Trade Minister Thomas Lembong visits New Delhi later this month.
Non-binding deal

“Although the MoU will be a non-binding one, it would at least give us an indication of the business that we might do with Indonesia,” the official said.Lembong had indicated last month that his country may consider buying rice from India to get over the temporary shortage it would face in early 2016. Although it had traditionally purchased rice from ASEAN countries, Indonesia is now looking beyond to widen its options.The Minister had said that Indonesia may include India in a list of countries from which rice imports could be authorised.
Gain for India

The development comes at an opportune time for India as export of the cereal in the current financial year has been declining, compared to previous year, mostly due to a fall in imports by large buyers, such as Iran and Nigeria.New Delhi is hopeful that the MoU would be for a longer period, on the lines of the one it recently signed with Islamabad.Indonesia has reportedly agreed to import one million tonnes of rice from Pakistan valuing around $400 million over the next four years.

Indian exports


“Indonesia is a net importer of rice, while India is one of the top exporters. We are happy that it has finally shown interest in buying from us,” the official said.India had exported a total of 11.92 mt rice in 2014-15.

http://www.thehindubusinessline.com/economy/agri-business/indonesia-working-on-rice-import-deal-with-india/article8179840.ece

Nagpur Foodgrain Prices Open-Feb 01


Nagpur, Feb 1 Gram and tuar prices reported down in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on poor buying support from local millers amid high moisture
content arrival. Fresh fall on NCDEX in gram, increased overseas supply and release of stock
from stockists also pulled down prices, according to sources. 
 
 
    FOODGRAINS & PULSES
    GRAM
   * Gram varieties moved down in open market here in absence of buyers amid increased 
     arrival from producing belts. Easy condition in Madhya Pradesh gram prices also 
     affected sentiment.
 
     TUAR
   * Tuar varieties declined sharply in open market here on subdued demand from local 
     traders amid good supply from producing regions. Good arrival from other states too 
     also pulled down prices.   
 
   * Udid varieties zoomed up again in open market on increased seasonal demand from 
     local traders amid tight supply from producing regions. Weak production estimates in 
     this season also activated stockists.
         
   * In Akola, Tuar New - 8,000-8,200, Tuar dal New - 12,500-13,700, Udid - 
     12,600-13,600, Udid Mogar (clean) - 14,900-16,700, Moong - 
     8,400-8,600, Moong Mogar (clean) 9,400-9,700, Gram - 4,100-4,200, 
     Gram Super best bold - 5,300-5,700 for 100 kg.
 
   * Wheat, rice and other commodities moved in a narrow range in scattered deals, 
     settled at last levels. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
 
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                3,775-4,300         3,870-4,300
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                6,960-8,350         7,000-8,480
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            5,800-6,000        6,100-6,200
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,400-5,600        5,700-5,900
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,400-4,500        4,500-4,700
     Desi gram Raw                4,400-4,500         4,550-4,750
     Gram Filter new            4,500-4,900        4,700-5,100
     Gram Kabuli                6,000-8,000        6,000-8,000
     Gram Pink                        6,500-7,300        6,500-7,300
     Tuar Fataka Best-New             12,800-14,000        13,200-14,300
     Tuar Fataka Medium-New        12,200-12,600        12,500-12,800
     Tuar Dal Best Phod-New        12,000-12,250        12,200-12,400
     Tuar Dal Medium phod-New        11,500-11,800        11,700-12,000
     Tuar Gavarani New             8,100-8,500        8,250-8,700
     Tuar Karnataka             8,600-9,000        8,800-9,000
     Tuar Black                 13,000-13,300        13,300-13,600 
     Masoor dal best            6,400-6,600        6,400-6,600
     Masoor dal medium            6,000-6,200        6,000-6,200
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        9,600-10,000        9,600-10,000
     Moong Mogar Med            9,000-9,300        9,000-9,300
     Moong dal Chilka            8,400-9,100        8,400-9,100
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            8,500-8,700        8,500-8,700
     Udid Mogar best (100 INR/KG) (New) 16,000-17,000       15,700-16,700 
     Udid Mogar Medium (100 INR/KG)    13,400-14,500        13,000-14,200    
     Udid Dal Black (100 INR/KG)        9,600-9,900        9,300-9,700     
     Batri dal (100 INR/KG)        5,550-5,900        5,550-5,900
     Lakhodi dal (100 INR/kg)          4,400-4,600         4,400-4,600
     Watana Dal (100 INR/KG)            3,250-3,400        3,250-3,400
     Watana White (100 INR/KG)           3,000-3,200           3,000-3,200
     Watana Green Best (100 INR/KG)    3,100-3,600        3,100-3,600   
     Wheat 308 (100 INR/KG)        1,700-1,800        1,700-1,800
     Wheat Mill quality (100 INR/KG)    1,675-1,760        1,675-1,760   
     Wheat Filter (100 INR/KG)         1,650-1,850        1,650-1,850
     Wheat Lokwan best (100 INR/KG)    2,100-2,500        2,100-2,500    
     Wheat Lokwan medium (100 INR/KG)   1,950-2,250        1,950-2,250
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-3,900        3,600-3,900    
     MP Sharbati Medium (100 INR/KG)    3,000-3,200        3,000-3,200           
     Rice BPT best New(100 INR/KG)    2,800-2,900        2,800-2,900    
     Rice BPT medium (100 INR/KG)        2,100-2,300        2,100-2,300    
     Rice Parmal (100 INR/KG)         1,800-2,000        1,800-2,000
     Rice Swarna best (100 INR/KG)      2,300-2,500        2,300-2,500   
     Rice Swarna medium (100 INR/KG)      2,000-2,200        2,000-2,200   
     Rice HMT best New (100 INR/KG)    3,200-3,500        3,200-3,500    
     Rice HMT medium (100 INR/KG)        2,600-2,900        2,600-2,900    
     Rice Shriram best New(100 INR/KG)    4,200-4,500        4,200-4,500 
     Rice Shriram med New(100 INR/KG)    3,800-4,100        3,800-4,100   
     Rice Basmati best (100 INR/KG)    9,800-11,700        9,800-11,700     
     Rice Basmati Medium (100 INR/KG)    7,800-8,000        7,800-8,000    
     Rice Chinnor best New(100 INR/KG)    4,800-5,000        4,800-5,000    
     Rice Chinnor med. New (100 INR/KG)    4,200-4,600        4,200-4,600    
     Jowar Gavarani (100 INR/KG)        1,800-2,100        1,800-2,100    
     Jowar CH-5 (100 INR/KG)         1,700-1,800        1,700-1,800
 
WEATHER (NAGPUR)  
Maximum temp. 35.0 degree Celsius (95.0 degree Fahrenheit), minimum temp.
15.2 degree Celsius (59.4 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 31 and 14 degree Celsius respectively.
 
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
http://in.reuters.com/article/nagpur-foodgrain-idINL3N15G301

Thailand to sell 570,000 tonnes of rice from stockpiles

By Panarat Thepgumpanat
BANGKOK, Feb 1 (Reuters) Thailand will sell 570,000 tonnes of rice from government stockpiles for human consumption and industrial use, the commerce ministry said on Monday.Thailand, the world's second-biggest rice exporter after India, has stocks of about 13 million tonnes following the rice-buying scheme under the previous government of Yingluck Shinawatra that cost the state billions of dollars and ended in 2014.
http://www.uniindia.com/thailand-to-sell-570-000-tonnes-of-rice-from

Rice Prices

as on : 01-02-2016 08:10:18 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
Price
Current
%
change
Season 
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Sealdah Koley Market(WB)
79.20
-
398.40
2400
-
-4.00
Mirzapur(UP)
30.00
NC
624.50
1910
1920
3.80
Purulia(WB)
24.00
-33.33
1020.00
2200
2200
-9.84
Diamond Harbour(South 24-pgs)(WB)
22.00
NC
84.00
1850
1850
-
Dibrugarh(ASM)
20.60
-20.77
425.80
2550
2550
-
North Lakhimpur(ASM)
12.90
-5.84
659.60
1900
1900
-
Chengannur(Ker)
6.00
-14.29
282.00
2600
2500
-10.34
Fatehpur(UP)
3.50
-56.25
73.50
2150
2135
0.94
Bonai(Bonai)(Ori)
1.50
NC
15.60
2000
2000
-16.67

Arkansas Farm Bureau Daily Commodity Report

         

Rice
High
Low
Long Grain Cash Bids
- - -
- - -
Long Grain New Crop
- - -
- - -


Futures:
High
Low
Last
Change
Mar '16
1143.5
1086.5
1100.5
-34.5
May '16
1169.5
1117.0
1128.5
-34.5
Jul '16
1193.0
1153.0
1156.5
-34.0
Sep '16
1201.0
1201.0
1166.5
-34.0
Nov '16
1176.5
-34.0
Jan '17
1177.5
-33.5
Mar '17
1177.5
-33.5

Rice Comment

Rice futures opened the week on a negative note, giving back all of last week’s gains. March continues to find resistance at $11.50. A close above $11.50 could signal a move toward a retest of the $12 area, while support is at the recent low of $10.65. Weekly exports were a disappointing 22,700 metric tons, down 46% from the previous week and 57% from the prior 4-week average.
http://www.arfb.com/ag-markets-statistics/report/

ICAR- NRRI Recruitment 2016: Apply for 06 Lower Division Clerk Posts

National Rice Research Institute Odisha under Indian Council of Agricultural Research, Government of India has invited applicants to apply for 06 Lowe Division …

Editorial Team | February 01, 2016 6:42 PM
National Rice Research Institute (NRRI), Odisha under Indian Council of Agricultural Research, Government of India has invited applicants to apply for 06 Lowe Division Clerk Posts. Interested and eligible candidates need to apply through prescribed application format before 30 days from the date of publication of advertisement in the employment news. Selection of the candidates would be made based on their performance in the written test, personal interview round and typing test conducted by the concerned recruitment authority.

 The National Rice Research Institute, Odisha under the Indian Council of Agricultural Research, Government of India is a premiere national research institute to undertake rice research in various disciplines. It undergoes research and development facilities for various departments, which are headed by departmental heads in the office. It undergoes credits in various disciplines including Biochemistry, Blue Green Algae, Entomology, Food Technology, Nematoloy, Physiology etc.

Vacancy details:

Name of the post: Lower Division Clerk

Total number of posts: 06

Pay scale: Rs. 5200- 20200/- with Grade Pay of Rs. 1900/-
Eligibility:
Educational qualification: Candidates must have passed 10+2 examination from any recognized institute/board with typing speed of 35 wpm in English and 30 wpm in Hindi on computer to apply for the post.
Age limit: Candidates must be between 18 to 27 years of age.
Selection procedure: Selection of the candidates would be made based on their performance in the written test, typing test and personal interview round conducted by the concerned recruitment authority. The written test would be objective type containing 200 marks in total. The total time duration for solving the written test is 2 hours.

How to apply: Interested and eligible candidates need to apply through prescribed application format. The application format could be downloaded from the official website. Candidates must pay the application fee of Rs. 200/- through Demand Draft drawn in favor of “ICAR Unit: CRRI”, payable at Cuttack. Filled in application form along with all the relevant documents, copies of educational as well as experience certificates, passport size photograph, demand draft and other testimonials should be sent to the “Senior Administrative Officer, National Rice Research Institute, Cuttack- 753006, Odisha” before 30 days from the date of publication of advertisement in the employment news.


Prime Minister Office of Islamic Republic of : Pakistan has sent a ship to Cuba today carrying 15000 thousand tons of rice to help Cuba in this hour of need....


02/01/2016 | 06:31am US/Eastern
Pakistan has sent a ship to Cuba today carrying 15000 thousand tons of rice to help Cuba in this hour of need . The decision was taken under the directions of Prime Minister Muhammad Nawaz Sharif who is reported to have said that Pakistan will extend all possible assistance and help to Cuba. The Prime Minister said that Pakistan is reciprocating Cuba with the same good well spirit as Cuba did by sending teams of doctors during the earthquake hit our country.The ship carrying the rice includes 10000 tons of Irri 6 and 5000 tons of Basmati rice.Prime Minister's Office of the Islamic Republic of Pakistan issued this content on 17 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 11:30:11 UTC

India elbowed out Thailand to take the position of world’s largest rice exporter


(Credit: Burhaan Kinu/Hindustan Times via Getty Images) NOIDA, INDIA - NOVEMBER 23: A woman farmer shows rice grains after harvesting it on a paddy field, on November 23, 2015 in Noida, India. India is one of the world's largest producers of white rice and brown rice, accounting for 20% of all world rice production. Rice is India's pre-eminent crop and is the staple food of the people of the eastern and southern parts of the country.
February 1
2:03 AM2016
With 10.23 million tons of rice shipped in 2015, India has taken the leading position among the world's top rice exporters. The country outranked Thailand who came a close second with an export number of 9.8 million tons this year.The country's decision to sell basmati rice at low cost acted as a major catalyst for increasing its exports. A lot of major rice-exporting countries failed to match the price mainly because of higher production costs. It eventually led to India capturing a much bigger market, earning it the title of 'number one rice exporter of the world'.According to Business Standard, Thai Rice Exporters Association Chairman Charoen Laodhammatas mentioned on Wednesday that Thailand's 2015 numbers reflect a 10.8% year-on-year decrease, a decline from last year's 10.9 million tons. This has basically pushed the former leader from its number one spot.

As such, Thai rice exports came down to approximately $4.6 billion in 2015 from $5.4 billion in the previous year, as reported by The Tribune. This indicates that the rice prices in the country have hit an all-time low since the last ten years mainly because of droughts in the producing areas. The dismal prices are expected to pick up once the situation improves. This year, Thai rice exports are expected to touch around 9 million tons, as the government plans to offload around 4 million tons from the stockpile this year and another 5 million tons by next year.The drop in prices would be the oil crisis that has become a global concern. The falling oil prices have impacted the purchasing power of countries having a high demand for rice, which has created a scenario of supply exceeding demand.

In fact, according to Dawn, while the global economic slowdown is one major reason for the setback in rice prices, India is apprehensive about a decline in its capital city's export numbers mainly because of this decrease in the purchasing power of the main buyers like Iran and Nigeria, which will likely adversely impact India's export numbers for 2015-16 that are expected to be lower than this year's shipment.Additionally, as per latest export updates, shipment for both basmati and non-basmati rice has declined by 7.3pc in volumes and 18pc in value terms for the April-November period, compared to last year's numbers. Iran, the chief importer of Indian aromatic rice over the recent years, saw a drop in its volume by 25pc to 0.39m ton during the April-October period.While India led the rice exporters this year followed by Thailand, Vietnam followed closely behind in the third position with exports of 6.4 million tons. China, however, has held on to the top spot as the world's largest importer of rice.


APEDA Rice Commodity Rice News


International Benchmark Price
Price on: 01-02-2016
Product
Benchmark Indicators Name
Price
Garlic
1
Chinese first grade granules, CFR NW Europe (USD/t)
2100
2
Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t)
2000
3
Chinese powdered, CFR NW Europe (USD/t)
1800
Ginger
1
Chinese sliced, CIF NW Europe (USD/t)
2150
2
Chinese whole, CIF NW Europe (USD/t)
2300
3
Indian Cochin, CIF NW Europe (USD/t)
2850
Guar Gum Powder
1
Indian 100 mesh 3500 cps, FOB Kandla (USD/t)
3840
2
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t)
1240
3
Indian 200 mesh 5000 cps, FOB Kandla (USD/t)
2360
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 30-01-2016
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Aroor (Kerala)
Other
2900
3100
2
Bolangir (Orissa)
Other
2200
2300
3
Gajol (Gajol Bengal)
Other
1750
1850
Wheat
1
Dahod (Gujarat)
Lokwan
1800
1950
2
Sangli (Maharashtra)
Other
1800
2800
3
Bonai (Orissa)
Other
1525
1600
Orange
1
Manjeri (Kerala)
Other
2400
2600
2
Shrirampur (Maharashtra)
Other
1500
2000
3
Thanesar (Haryana )
Other
2000
2500
Onion
1
Bargarh (Orissa)
Other
1200
1400
2
Karad (Maharashtra)
Other
1000
1700
3
Barnala (Punjab)
Other
1000
1200
For more info
Egg
Rs per 100 No
Price on 01-02-2016
Product
Market Center
Price
1
Pune
430
2
Chittoor
418
3
Hyderabad
385
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 01-02-2016
Product
Market Center
Origin
Variety
Low
High
Potatoes
Package: 50 lb cartons
1
Atlanta
Colorado
Russet
17
17.50
2
Chicago
Idaho
Russet
14
18
3
Detroit
Idaho
Russet
13.50
14
Cauliflower
Package: cartons film wrapped
1
Atlanta
Mexico
White
15
16
2
Dallas
California
White
16
17.50
3
Detroit
California
White
15
17
Apples
Package: cartons tray pack
1
Atlanta
Virginia  
Red Delicious
20
20
2
Chicago
Washington
Red Delicious
28
28
3
Miami
Washington
Red Delicious
26
28
Source:USDA

Not so fast, bees
EPA Update:  What's Best for Pests  
By Steve Hensley
February 1, 2016WASHINGTON, DC -- Last month, the Environmental Protection Agency (EPA) released their 2014 review of pesticide residue levels on produce, grain, salmon, and infant formula, and found that 99 percent of the samples had residue levels below the EPA limit.  A total of 314 rice samples were taken and none contained residues over the legally established tolerance limit.  View the full reporthere.
 EPA also opened the 60-day public comment period (ending on March 15) on apreliminary pollinator risk assessment for imidacloprid, a neonicotinoid insecticide used in rice and other crops. This is the first of four preliminary risk assessments for insecticides potentially harmful to bees.
 Stakeholders and members of the public can review the risk assessment and related documents here, and submit comments.  EPA states that all comments submitted will be accounted for in their final risk assessment.
 "The EPA risk assessments will have a direct effect on the few available neonicotinoids for rice pest control," said Ben Mosely, USA Rice vice president for government affairs.  "USA Rice staff is closely monitoring the risk assessment process as we prepare our comments for submission to the EPA.

Rice procurement up 25% to 24.47 Million Tonnes

By PTI | 1 Feb, 2016, 02.42PM IST
Government's rice procurement has increased 25 per cent to 24.47 million tonnes in the 2015-16 marketing year so far despite prospects of lower production due to poor monsoon.NEW DELHI: Government's rice procurement has increased 25 per cent to 24.47 million tonnes in the 2015-16 marketing year so far despite prospects of lower production due to poor monsoon. The Food Corporation of India (FCI) and state government owned agencies undertake the procurement operations. The Centre has kept rice procurement target of 30 MT for the current marketing year, which started in October.

These agencies had procured 19.66 million tonnes in the year-ago period, while the total purchases had reached 32 MT. At present, procurement has been completed in Punjab and Haryana, while the operations are in full swing in Uttar Pradesh, Chattisgarh,
Andhra Pradesh and Telangana.

As per the government's latest data, rice procurement in
Uttar Pradesh has risen to 2.15 MT so far this year as against 1.15 MT in the year-ago period.

Procurement in Chhattisgarh risen to 3.72 MT from 2.86 MT, while that of in Andhra Pradesh has increased to 1.92 MT from 1 MT in the said period.

Rice purchase in Telangana was lagging behind at 0.99 MT so far this year as against 1.48 MT in the same period of the 2014-15 marketing year.

In Punjab, rice procurement rose to 9.34 MT from 7.7 MT, while that of in Haryana jumped to 2.85 MT from 2.01 MT in the period under the review.

Though rice production is estimated to be lower because of deficit rains, procurement of the grain has been on rise mainly due to fall in prices of common variety in most mandis after basmati rice rates declined sharply.

If the current trend continues, a senior Food Ministry official said the overall rice procurement could surpass the last year's level.

In its first estimate, the Agriculture Ministry has projected a fall in kharif rice production to 90.61 MT in the 2015-16 crop year (July-June) from 90.86 MT in the year-ago period due to 14 per cent fall in monsoon rains.

The agencies buy paddy from farmers and give to millers for conversion into rice. The government has fixed the minimum support price of common variety of paddy at Rs 1,410 per quintal for 2015-16 kharif season

The Economic Times