Wednesday, February 17, 2016

15th February 2016 daily global rice enewsletter by ricelus magazine

Today Rice News Headlines...
·         Sugar and Rice
·         Special report: The future of Pakistan-Iran relations
·         New rice research may usher in next wave of ‘green revolution’
·         Sugar and Rice - Landline – ABC
·         Rice export to commence by 2019
·         India may export 10 lakh tonnes rice to Indonesia, valued at Rs 3300 crore
·         PH 3rd biggest rice importer this year
·         Sunny weather is bad news for rice farmers
·         Cayetano assures of free irrigation systems for major rice producing provinces
·         A paddy glut of 200,000 tons prompts Govt. to seek overseas markets
·         Arkansas Rice Growers Association Membership Meeting Feb. 24
·         Commerce Min: Thailand must grow rice according to market demand
·         War room set up to prevent poor quality Thai rice sold to consumers
·         In the Sundarbans, rice grains from the past are helping face weather storms of the future
·         India may export 10 lakh tonnes rice to Indonesia, valued at Rs 3,300 crore
·         Broken down harvester stalls Moco Moco rice project
·         AEDA RICE COMMODITY NEWSArkansas
·         Farm Bureau Daily Commodity Report
·         FG pledges support to rice millers
·         Brave new plant world? Chinese scientists smash reproductive barrier between genera for first time, but critics warn of playing god
·         Scientists complete most significant DNA sequencing of rice
·         Agri teamup seen to boost PH rice supply
·         Tanzania: Experts Want Tanzanian Farmers to Upgrade Rice
·         DNA breakthrough raises hopes for ‘dream rice’
·         Commerce Min: Thailand must grow rice according to market demand 
News Detail...

Special report: The future of Pakistan-Iran relations

By Our CorrespondentsPakistan may not be able to receive gas from Iran even after most sanctions on the latter have been lifted, because it seems that the United States is keen to restrict Russia’s access to the European market.
Influential British daily The Guardian had reported in August 2013: “[Syrian President Bashar al] Assad refused to sign a proposed agreement with Qatar that would run a pipeline from the latter’s North field, contiguous with Iran’s South Pars field, through Saudi Arabia, Jordan, Syria and on to Turkey, with a view to supply European markets — albeit crucially bypassing Russia.”
Read the full story here

Will Iran emerge as Pakistan’s major trading partner after the lifting of international sanctions?
Perhaps, it will. But as the old English saying goes, there’s many a slip ‘twixt the cup and the lip.
In an ideal world, the removal of international sanctions from a resource-rich neighbouring country should result in a sudden spike in the volume of bilateral trade. But international trade depends on financing from banks on both sides of the border. And in the short term, at least, Pakistani banks are expected to remain wary about doing business in Iran despite the lifting of many international sanctions.
Read the full story here

Though the United States and other global powers have lifted most of the sanctions from Iran, the fate of oil trade between Pakistan and the neighbouring Islamic republic is still uncertain.
According to officials, it will become clear whether Pakistan will be able to resume oil imports when banking channels are opened.
Earlier, two refineries – Pakistan Refinery Limited (PRL) and Bosicor – had been importing crude oil from Iran until 2010 and later purchases came to a halt as banks refused to open letters of credit after the imposition of sanctions on Tehran.
Read the full story here

With the dismantling of most sanctions on Iran, the Pakistan-Iran Joint Border Commission, in its 19th meeting in Quetta, vowed that it would now give legal cover to all trade between the two neighbours.
The decision may give a welcome boost to Pakistan’s economy that is expected to save at least Rs10 billion annually due to decrease in oil smuggling.
Talking to The Express Tribune, Balochistan Customs Collector Saeed Khan Jadoon said diesel was being smuggled through the Makran division, especially the Panjgur, Kech and Gwadar routes. “We run short of manpower, so we can’t effectively control smuggling,” he said.
Read the full story here

Desperate to take the much-awaited step towards reviving trade relations, Pakistan is mulling enforcing its five-year bilateral trade roadmap, already envisaged with an ambitious target of $5 billion, up from the present $270 million.
Unlike the past, Pakistan now wants to move away from certain commodities and wants to expand and diversify its exports.
The key potential trade areas Pakistan is eyeing are rice, horticulture, sports goods, surgical equipment, information technology, textile goods and construction material.
Read the full story here



FEBRUARY 15, 2016

New rice research may usher in next wave of ‘green revolution’

by Susanna Pilny
Rice growers may soon have DNA technology at their fingertips to help them overcome the various issues facing the grains that feed half the world as they arise—but it’s simpler than you might think.
For thousands of years, farmers have been selecting for the traits they want in their crops through simple trial and error, but new gene sequencing technology is looking to facilitate this process greatly. In fact, according to Phys.org, it’s anticipated that this technology with streamline the process so that it takes a quarter of the time it does now; it could reduce the timespan needed to develop new rice varieties in response to environmental changes to less than three years, as compared to 12 without the technology.
The idea is actually fairly simple. The International Rice Research Institute (IRRI) in the Philippines has a massive bank of rice varieties, which researchers paired sequenced using advanced Chinese technology. Now, more than 3,000 of the world’s most important kinds of rice have their entire genomes sequenced, along what their genes code for.
Which means that, should a farmer be faced with a challenge such as a floods, new pests, or shifting nutritional needs, they can better figure out how to breed new rice varieties from existing ones by selecting for crops with the traits they desire.
"Essentially, you will be able to design what properties you want in rice, in terms of the drought resistance, resistance to diseases, high yields, and others," said Russian bioanalytics expert and IRRI team member Nickolai Alexandrov.
However, researchers also emphasize that this is not genetic modification (like with GMOs), but rather selective breeding—which they believe will lead to the second “green revolution”. The first one began in the 1960s, with the development of rice and wheat that created higher yields, and is now credited with preventing global food shortages.
But these gains plateaued around 1970, making this innovation a potential game-changer for rice growers.
"This will be a big help to strengthen food security for rice eaters," said Kenneth McNally, an American biochemist at the IRRI

http://www.redorbit.com/news/science/1113412604/new-rice-research-may-usher-in-next-wave-of-green-revolution-021516/#jAxSQEadty8wdfO6.99

Sugar and Rice - Landline – ABC


Broadcast: 13/02/2016 3:38:33 PM
Reporter: John Taylor
PIP COURTNEY, PRESENTER: Mackay in North Queensland is the heartland of Australian sugar where for more than a century sugarcane has powered the fortunes of local growers. But there's a not-so-quiet agricultural revolution happening in the sugar city and it involves rice. Right now, growers are harvesting the region's second commercial crop with more set to come. And it had its start in a very Australian practice: a husband trying to keep his wife happy. This report by John Taylor. 

JOHN TAYLOR, REPORTER: This is a sight that a decade ago would have been unthinkable. Rice being commercially harvested from the cane fields of Mackay. Mackay is as sugar as it gets. Cane has been around here for more than a century. There are still almost 1,600 predominantly family-owned and operated cane farms in the region. But some locals are thinking that rice is a good crop for canegrowers.

ANDREW BARFIELD, CANEGROWER: I enjoy rice. I often said to people that once you start to grow rice, it's like a drug. You know, you just get into it, eh? 

JOHN MARKLEY, FARMACIST: The margins are tightening up for sugarcane, so there are a number of growers looking for alternatives to supplement their income, sugarcane, with another crop. 

DAVID KELDIE, SUNRICE: I can see a huge amount of development in that industry. I can see us being a significant agri-player in the region, working with cane and other crops.

JOHN TAYLOR: Andrew Barfield is a fourth-generation canegrower, but you could call him the godfather of rice in Mackay. He got interested a decade ago when like many good husbands, he thought he'd try and make his wife happy. 

ANDREW BARFIELD: My wife is Malaysian and I thought, you know, like, it'd be a nice thing to see if we could grow rice and grow our own rice and process it and eat it our ourselves. And so I was able to get eight varieties back in 2006 and I bulked them up and then I planted them out in the ground. And what I was really surprised about was that I started to achieve very good yields, and at that time in 2007-2008, we were getting - you know, like, the sugar industry was going through one of its declines and I started to think to myself, "Maybe there is more to this than just a hobby."

JOHN TAYLOR: He didn't grow his rice in paddies, but above ground and then he began processing it, or rather, his wife did. How long have you been threshing rice for? 

STEPHENY KINAJIL, WIFE: Oh, ever since Andrew started growing rice and that's my job. Like, he say to me, "Oh, you be the thresher," and I really have to learn it and a few times I was sacked by him, but I resign before that. I said, "No, no, no, I resign," and he said to me, "No, no, no, I sack you. You're not doing very well." And I really have to pull up my socks and do it properly. 

JOHN TAYLOR: So what have we got here? 

ANDREW BARFIELD: This is a low-humidity coldroom. It is maintained at four degrees and 50 per cent humidity and it allows the keeping of seed for up to 25 years. 

JOHN TAYLOR: Andrew Barfield's really a scientist as well as a canefarmer, growing and breeding many different varieties of rice from all over to find out what works best in the tropical north. 

ANDREW BARFIELD: But I also maintain I'm a seed bank as well, so I'm maintaining probably 250 named varieties, plus a lot of additional material which is inside the breeding program. You can get a high-value crop which has a gross margin which is equivalent to a well-grown crop of cane and you get the opportunity to actually make it in a period when you were going to make no money at all. So, I think it's - I think it's got a lot of synergies. I think it's a really interesting thing to pursue if you've got the right amount of water and the right soils to do it. 

JOHN TAYLOR: He's teamed up with the mighty giant of Australian rice, the billion-dollar global food business that is SunRice, which at the same time he was getting interested was also looking north for potential rice country. Was it just a quirk of fate that Andrew Barfield was looking at rice at the same time? 

RUSSELL FORD, RICE RESEARCH AUSTRALIA: Yeah, yeah, it probably was. It's a great connection. 

JOHN TAYLOR: And the timing is right. It's a way for SunRice to manage risk. 

RUSSELL FORD: Over time, we've gone through cycles of wet and dry in southern Australia. Most of the rice that's grown in Australia has been grown in the Riverina in southern NSW. And the opportunity to balance out the highs and lows of climate is offered in the north through more reliable rainfall and probably a tropical climate. 

JOHN TAYLOR: In other parts of Australia, rice is grown in flooded fields, with water permanently in rice crops for all or most of the growing season. Concrete stops between the rice bays allow water flow to be controlled. Water sits like a blanket to help control variations in temperatures. What they're doing is far more cutting-edge than it appears. They're growing rice aerobically - out of water, above ground, alternately watering it and then letting it dry out. 

RUSSELL FORD: So what's happening here in Mackay and North Queensland is unique around the world. There's not much rice grown under these aerobic alternate wetting and drying conditions. 

JOHN TAYLOR: Water's supplied either through rainfall or irrigation. 

RUSSELL FORD: We're getting yields that are nearly mimicking full-irrigated crops, which is amazing to us, and many researchers around the world, it's amazing for. So, it's just showing that the plant can adapt and so can the farmer adapt to those techniques. 

JOHN TAYLOR: The men can initially assess what's doing well and what's not, looking at yield, grain quality and milling potential. 

RUSSELL FORD: So what's outstanding at the moment, anything? 

ANDREW BARFIELD: I don't think - well it's hard to judge at this time, eh?, because it really depends on the number of seeds you had in that panicle. Here a classic, this one's classic. Look at that. 

RUSSELL FORD: It's nice and leafy, isn't it?

ANDREW BARFIELD: Compared to your man here. 

RUSSELL FORD: Yeah, no, it's beautiful. 

ANDREW BARFIELD: Yeah. 

RUSSELL FORD: Just hope it yields at the end of the day. We've started with a lot of southern or Riverina varieties up here and they're performing well above expectations and doing extremely well and showing unique characteristics that they don't show in the Riverina, so, softer cooking in a few things and better fragrance. 

ANDREW BARFIELD: But the other ones are coming off good, eh? 

RUSSELL FORD: Yeah. So that's a nice, long panicle. Every grain's filled. There's not a blank in there.

ANDREW BARFIELD: Yeah. And they're consistent, every single one.

JOHN TAYLOR: These trial plots are where things get really interesting, where the men can see how well the plants have grown rice and high-end, niche or specialty rices are important.

RUSSELL FORD: And this one?

ANDREW BARFIELD: This is this low-GI variety. Ah, yeah, it's important. It's important that we get a low-GI one up and running as fast as we can 'cause the public are really in demand for it, that's for sure.

JOHN TAYLOR: The mining boom has come and gone for Mackay. Cane was here well before it began and remains. But it's not enough that rice can also grow here. It has to make sense commercially and environmentally. The local agricultural research and advisory business Farmacist is heavily involved with SunRice and farmers in promoting rice as a crop and figuring out how best to farm it.

JOHN MARKLEY: There needs to be some questions answered about in particular nutrient and chemicals because our close proximity to the Great Barrier Reef. We want to be really careful that we don't affect water quality entering the Great Barrier Reef. 

JOHN TAYLOR: Its farming system has to fit in with the region's most important crop, sugarcane. 

RUSSELL FORD: You know, when we came up here, we certainly saw sugar and it was a very dominant crop and we never thought we would change that. But we also saw the fallow land as we drove through the districts and that fallow land appeared to us and we thought, "Well, you know, if we can make that productive for the farmer, without a lot of cost for him and a lot of effort, then that's a real win-win for the farmer and for us." And that's what we've progressed with, growing it on the fallow land that's not in cane at the time and it seems to be working quite well.

JOHN MARKLEY: Future for rice? Fitting it in with a sugarcane rotation is going to be a key part of it. It won't take over sugarcane as we know it. It's - this region's been growing sugarcane for 120-plus years. The growers here have been very, very successful in growing sugarcane, have made lot of money over a long period of time and it's something they're comfortable in growing. Now rice, as I said before, the margins in sugarcane are reducing and therefore it's becoming more and more difficult to maintain your sustainability.

JOHN TAYLOR: At any time, about 10 per cent of cane country is fallow, giving it a spell for up to eight months. With thousands of blocks in the region, that adds up to a lot of land and rice can grow in winter or summer. 

ANDREW BARFIELD: It's actually quite an excellent rotation because you can grow it in the fallow period in the summer. Rice takes four, four and a half months, at max five months, to grow, and normally our fallow period in the summer's six - six or seven months. And it helps because you only have to provide supplementary irrigation during that period because the wet season is on. 

JOHN MARKLEY: So rice we see as an income-deriving product. Growers can successfully incorporate it into their sugarcane rotation and I think we would be hoping for about 3,000 hectares being grown under rice in any given year in this region would be a really successful outcome for the rice industry. 

JOHN TAYLOR: Rice growing is also emerging outside the Mackay region. 

DAVID KELDIE: The growing area really extends through the whole of tropical North Queensland, really from Tully down to Mackay and there is plenty of rice being grown south of Mackay as well. But the main growing region really is the Burdekin, Mackay and the more specialty varieties, rain-fed varieties coming out of Tully.

JOHN TAYLOR: At Anthony and Marjorie Ross' farm outside Mackay, about three hectares of land that would otherwise be fallow has a rice crop ready for harvest. Marjorie, what do the neighbours reckon? 

MARJORIE ROSS, CANEGROWERS: They really like the idea of growing rice, yeah. 

ANTHONY ROSS, CANEGROWERS: Actually, they're all coming to have a look every now and again and saying, "You gotta do something with that." (Laughs)

MARJORIE ROSS: (Laughs)

JOHN TAYLOR: Anthony is a senior member of the Canegrowers rural lobby group and his family has been growing cane in the region since 1917. For him, growing rice as well makes good economic sense. 

ANTHONY ROSS: For quite some time we've been thinking about other sort of income streams, other crops and the rice is appealing because you're dealing with a substantial company who's gonna pay you promptly. It's not as though you've grown fruit or something like that and you're sitting beside the road, hoping for someone to come along.

JOHN TAYLOR: What do you make of it, Marjorie? 

MARJORIE ROSS: Well, I like the idea of growing rice because it's a staple food and you can use it as a base for all your meals. 

JOHN TAYLOR: There's still a lot to learn, but more rice is to be planted. Which is easier, growing cane or growing rice? 

ANTHONY ROSS: Well, I can grow cane. You know, rice I don't think is that - isn't a difficult crop to grow. I think you've just got to keep on top of it.

JOHN TAYLOR: But for rice godfather Andrew Barfield, a commercial crop doesn't work for him. 

ANDREW BARFIELD: Bizarrely enough, my farm is not - and my irrigation system is not suitable to growing commercial rice. However, like, it is, it is - like, the small area I grow, I can easily irrigate it and do it effectively. 

JOHN MARKLEY: First off, it's not going to work for the whole region. That's one thing we probably want to make clear. You've got to have really good water-holding capacity in your soils for rice to be successful and you also have to have irrigation. 

JOHN TAYLOR: Not far away, on another property, it is harvest time. This is one of the best crops seen in 12 months that a handful of farmers have been growing rice. The old harvester was bought by the local agronomic company Farmacist specifically to harvest rice, but pioneering isn't easy. 

JOHN MARKLEY: Yeah, we've had some interesting times. Right now is one of them. I think you're probably going to see some footage of a very slow harvester in operation. We have a very good crop of rice being - trying to be harvested and we're struggling to get the harvester through that - that really strong crop of rice. It is a pre-World War II harvester just about. 

JOHN TAYLOR: They get there in the end. As problems go, it's a good one. After the lush crop is cut, it's got to be processed, so it'll be carried to a mill that SunRice has bought near Townsville. 

DAVID KELDIE: The mill's very important. I mean, it gave us the first footprint there and I think what it did is demonstrated to the farmers that we were serious about the investment and our entry into the market up there.

JOHN TAYLOR: Sugarcane is king around Mackay and no-one's thinking it's going to be dethroned, but perhaps there's also room for rice. 

ANTHONY ROSS: And there's been small crops in a small way, but nothing probably like this and that's what makes it interesting. I suppose we're sort of pioneers to some degree, yeah. 

JOHN TAYLOR: And to think it all began with such a simple thing as trying to please your wife. 

ANDREW BARFIELD: Yes, amazing, isn't it? Happy wife, happy life. (Laughs)
http://www.abc.net.au/landline/content/2015/s4406074.htm

Rice export to commence by 2019

Posted By: Olugbenga Adanikinon: February 14, 2016In:

The Country Manager, Afex Commodities Exchange Nigeria, Ayodeji Balogun, stated this yesterday in Abuja.This, he explained, is because his organisation in partnership with the Federal Ministry of Agriculture and Rural Development has initiated a system that will link rural farmers directly to local and international markets.

He said about 45, 000 farmers have been provided with secured storage facilities and an Electronic Warehouse Receipt System to provide sufficient grains for local consumption and enhance export opportunities.According to Balogun:


 

“We have 15 warehouses across the country and farmers in 30 kilometres radius can access these facilities.“The farmers are broken into smaller units in terms of cooperatives and as they easily access the market.“They are motivated to produce more while the marketnaturally adjusts itself. So, Nigeria in the next three years should be exporting rice.”In a Public Private Partnership (PPP) agreement signed with the federal government in 2014, AFEX Nigeria is expected to effectively  organise the agriculture market and create value for farmers to raise national income.He disclosed plans by the firm to commence export of other agricultural produce in partnership with rural farmers.

He added:  “Our focus in the last one year is staple crops. This year, we are starting with export crops.India likely to export 10 lakh tonnes of rice worth Rs 3,300 crore to Indonesia

India may export 10 lakh tonnes rice to Indonesia, valued at Rs 3300 crore


Mon, 15 Feb 2016-06:49pm , New Delhi , PTI
The country has more than 160 lakh tonnes of rice in stock against the requirement of 76 lakh tonnes on January 1.
India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production.
"Indonesia is expecting a fall in rice production this year and looking to import rice. Indonesia has started the negotiation process," a source told PTI. Rice is a staple food of Indonesia and it had imported rice last year as well.
"Though no final decision has yet been taken over the price, but the economic cost to the government for the 10 lakh tonnes rice is about Rs 3,300 crore," the source said. As far as India is concerned, the government is in a comfortable position regarding rice stock.
The country has more than 160 lakh tonnes of rice in stock against the requirement of 76 lakh tonnes on January 1. Besides, the Food Corporation of India (FCI) has another 127 lakh tonnes of rice in form of paddy.
As per the second advance estimate of the Agriculture Ministry, rice production is estimated to be down marginally at 103.61 million tonnes (MT) in 2015-16 crop year (July-June), as against 105.48 MT last year. Already, the procurement of kharif rice has reached 26.13 MT so far this year, much higher than 21.54 MT in the year-ago period.
The Centre's nodal procurement agency Food Corporation of India (FCI) and state government-owned agencies undertake procurement operations. The Centre has kept a rice procurement target of 30 MT for the this year.
http://www.dnaindia.com/money/report-india-likely-to-export-10-lakh-tonnes-of-rice-worth-rs-3300-crore-to-indonesia-2178088

PH 3rd biggest rice importer this year

By: Ronnel W. Domingo

@inquirerdotnet

Philippine Daily Inquirer

12:11 AM February 15th, 2016

THE VOLUME of Philippines-bound milled rice is expected to rise in 2016, keeping the country among the world’s biggest importers at No. 3, according to the US Department of Agriculture.
The USDA’s Economic Research Service (ERS), which tracks the global rice market for one of the world’s biggest exporters, also projects increased importation by other large markets such as Brazil, China, Ghana, Indonesia, Iran and Iraq.
“At 4.7 million tons, China remains the largest rice-importing country in 2016, with imports up 4 percent from a year earlier,” the ERS said. “China’s rice imports have been record-high since 2012.”The Philippines trails Nigeria, which the American agency expects to substantially reduce imports by 17 percent to 2.5 million tons—mainly due to increased import tariffs, low oil prices as well as foreign exchange restrictions.
http://business.inquirer.net/207098/ph-3rd-biggest-rice-importer-this-year


Sunny weather is bad news for rice farmers

POSTED: 6:42 PM Feb 14 2016   UPDATED: 9:33 PM Feb 14 2016
Carter Knowles is a partner at Small Hills Farms. For Knowles, the winter season serves as a time to accumulate water."What we are trying to do in the winter is bank up water in the reservoirs and the mountains," said Knowles.The past two weeks have provided no rain. Given California's historic drought, the lack of water isn't a surprise to Knowles but he said that it does make things tense."It always makes us a little bit nervous because having enough water is how we do business," said Knowles.

Knowles explained that currently, winter precipitation is about average. If sunny days without rain continue, it could be critical."Every day that goes by we start to fall a little more below average," said Knowles.The Glenn-Colusa Irrigation District cut Small Hills Farm's water usage by 25 percent. In recent years, Knowles has had to take some of his fields out of production because he didn't have the water to support them."When it becomes a critical year like we have had recently, you have to cut back on how much you can plant," Knowles said.Knowles will begin planting in late March and in April. He is hoping for a lot of rain and snow melt from the Sierras.

Last year, Knowles harvested about 9 million pounds of rice.In this off season Knowles sells freshly milled rice at Chico's Saturday Farmer's Market. Here is a mapof where to find it.

http://www.krcrtv.com/news/local/sunny-weather-is-bad-news-for-rice-farmers/37994956

Cayetano assures of free irrigation systems for major rice producing provinces

By Mike Frialde (philstar.com) | 
Sen. Alan Peter Cayetano said real economic growth must start from the land as the country is agriculturally based. File photo
MANILA, Philippines - Vice presidential aspirant Sen. Alan Peter Cayetano on Monday assured farmers of free irrigation systems if he gets elected in the May 9 polls."Agriculture should be at the forefront of our economy, not lagging behind," Cayetano told farmers in Misamis Oriental.Cayetano and his running mate LDP standard-bearer and Davao City Mayor Rodrigo Duterte spent the day listening to the plight of vegetable farmers from Tagoloan and Claveria towns as part of their "Ronda Serye" nationwide tour.The farmers voiced out their concern about the lack of accessible and efficient irrigation systems in their area, which makes them more vulnerable to the ill effects of the El Niño phenomenon.Cayetano highlighted the need to effect bold solutions and swift action to address the lack of support that government gives to poor farmers, which they said adds to the disorder in the country."We are the only country which is half-submerged in water during the monsoon and typhoon season, yet we do not have enough water to irrigate our fields," Cayetano said in a statement.

Headlines ( Article MRec ), pagematch: 1, sectionmatch: 1
Cayetano said real economic growth must start from the land as the country is agriculturally based.As such, Cayetano said if elected, free irrigation systems will be provided, especially in major rice-producing provinces. Cayetano added that he and Duterte will transform Mindanao as the country's food basket.The tandem also proposed to allot P1 billion per region for the next 10 years for a capital-lending program for micro, small and medium enterprises (MSMEs), including farmers' cooperatives, to help them sustain their sources of livelihood."Our aim is real inclusive growth through regional development. Through this, we can achieve the twin goals of ensuring food security and ending the disorder in our farmers' daily lives," Cayetano said

http://www.philstar.com/headlines/2016/02/15/1553349/cayetano-assures-free-irrigation-systems-major-rice-producing-provinces



A paddy glut of 200,000 tons prompts Govt. to seek overseas markets

By Chrishanthi Christopher
View(s): 252

A glut of 200,000 tonnes of paddy has prompted the Government to look into the possibility of exporting rice.
Minister of Rural Economy P. Harrison told the Sunday times that Sri Lanka has rice far in excess of what is required for consumption for 2016, and hence, is looking to export the excess stock to the South African region.
He said negotiations were under way with Ghana and Nigeria who were showing interest in buying the stock. “We are negotiating and are hopeful of securing a good price for our rice,” he said.
Meanwhile, arrangements are being made to have the paddy that is stored at Mattala Airport milled so that it can be distributed among Samurdhi recipients.
He said the Government intends to sell the rice to the Samurdhi recipients in proportion to their monthly allowance. Accordingly, beneficiaries who receive Rs 3,000 can purchase 10 kg of rice, those who receive Rs 2,000 can purchase 5 kg and those who receive less than Rs 2,000 can purchase 3 kg.
The cost of the rice, which is to be priced between Rs 60 and Rs 65 per kg, will be deducted from their monthly allowance, Minister Harison said.
It is estimated that 11,000 tonnes of rice can be sold monthly to Samurdhi recipients. In addition, a stock will be released to Sathosa for sale at a nominal price, while the balance will be exported to countries interested in buying the rice.
Minister Harrison said the glut is due to the import of 2,000 tonnes of rice from India, by the previous government, of which a stock of 80,000 kg still remains.
He said that a portion of the rice stock has been deemed unfit for human consumption. “We have decided to sell it as animal feed,” he said.
Meanwhile, the All Ceylon Peasants’ Federation (ACPF), the United Rice Mill Owners’ Association and the Small and Medium Rice Mill Owners’ Association complained to the Anti-corruption Committee Secretariat on Tuesday (9), alleging the Government had ignored the highest bidder when tenders for milling paddy were called for in August 2015, as the price of Rs 39.30 per kg tendered was far too low and will not be profitable to the Government.
Among the respondents cited were Minister Harrison, Finance Minister, Ravi Karunayake and Paddy Marketing Board Chairman, M.D. Dissanayake.
However, they allege that, subsequently, the stock was sold to the same companies at the much lower rates of Rs 38, Rs 35 and Rs 31.50 at different times.
The ACPF questioned why the Government did not take steps to mill the paddy early.
General Secretary Namal Karunaratne said that, “Initially, the small mill owners had offered to mill the paddy and even offered transport to the buyers, if necessary. But our offer was ignored, and now the Government is selling the stock for far less than the original amount it had bought it for.”
This, he said, proves there has been corruption in the transactions, resulting in a loss of around Rs 4,000 million to the Government.
He said the Government is now losing Rs 17/50 per kg on account of the interest on bank loans obtained to buy the paddy, transport, storage and rental for Mattala Airport. Furthermore, he said, the Government loses 3 kg on every 100 kg of paddy when the moisture content of the paddy reduces.
He maintains that the paddy could have been milledearly and sent to Sathosa outlets and Government institutions such as hospitals, the police and the prisons for their daily use.
Mr Karunaratne was highly amused at the irony of private mill owners buying paddy from the Paddy Marketing Board (PMB), milling it and selling it back to Government institutions.
“There is a paddy mafia operating with the blessings of politicians. This has to be investigated,” he added.
The Samastha Lanka Farmers’ Association said the price fixed for Nadu at Sathosa outlets has been around Rs 74 per kg, while in the last three months consumers have being buying Nadu at Rs 80 to Rs 84 per kg.
Its General Secretary, P.B. Sarath said that even with a glut of rice in the country, consumers have not benefitted. He attributed this to the large mill owners buying and selling it back to Sathosa.
He maintained that the consumer deserves a reasonable price when there is a glut of rice in the market.
Responding to the allegations, Minister Harrison said the decision to sell the paddy was taken by the Cabinet in collaboration with the Economic Affairs Committee, which is under the purview of Prime Minister Ranil Wickremesinghe.
He said that, when deciding on the price, the cost of living index was also taken into consideration.
He elaborated that, in the past, the Government had made several attempts to sell the paddy at a higher price. “We published many advertisements in the print media calling for tenders, but there were no buyers,” he said.
He further said that, the PMB is not running a business, but is trying to help the farmers. That is why, he said, they had bought the paddy at Rs 50 per kg, last year, providing them relief.
Minister Harrison predicted that, with the Maha season harvest in another two weeks, there will be approximately another 100,000 tonnes of paddy in the country. “If nothing is done soon the farmers will not be able to sell their paddy even for Rs 10 a kg,” he concluded.
http://www.sundaytimes.lk/160214/news/a-paddy-glut-of-200000-tons-prompts-govt-to-seek-overseas-markets-182941.html

Arkansas Rice Growers Association Membership Meeting Feb. 24

Feb 15, 2016Delta Farm Press
The Arkansas Rice Growers Association Membership Meeting will be held Feb. 24 at the Brinkley Convention Center in Brinkley, Ark.Registration starts at 8 a.m. and the meeting begins at 9 a.m.Gary Billups with Zaccaria USA will talk about efforts to change the way rice milling yield is determined to a more fair and reliable method (PAZ technology). Billups will demonstrate a small, affordable, on-farm rice mill.Dennis Delaughter with Progressive Farm Futures will give a complete grain market report and Eric j Wailes, University of Arkansas economist, will talk about emerging markets (Africa, Asia, China, Cuba), the TPP and other trade agreements.
Mark Pousan will talk about success in Louisiana with direct sales into Mexico. The economics of grain bins, for the farmer and the landlord, will be discussed.Greg Yielding will talk about the China protocols, and other USRPA/ARGA promotional activities.For membership information call (870) 375-4278 or download the membership form atarkansasricegrowers.com. Memberships are also available at the door.
Lunch will be served.

http://deltafarmpress.com/rice/arkansas-rice-growers-association-membership-meeting-feb-24

Commerce Min: Thailand must grow rice according to market demand


BY EDITORON 2016-02-15THAILAND

Commerce Min: Thailand must grow rice according to market demand
BANGKOK, 15 February 2016 (NNT) – The Ministry of Commerce said it is necessary that Thailand produce rice according to the actual demand in the market.Permanent Secretary of the Ministry of Commerce Chutima Bunyapraphasara convened agriculture-related officials to a meeting to discuss the possibility of Thailand reducing the number of rice plantations. According to her, the supply of rice in the country will exceed demand should farmers continue the off-season harvesting of paddy.The idea has prompted rice producers to request that the government clearly regulate prices of rice so as to allow them to plan their cultivation accordingly.She said the ministry would soon summon rice buyers and ask them to purchase paddy directly from producers without going through a middleman

http://news.thaivisa.com/thailand/commerce-min-thailand-must-grow-rice-according-to-market-demand/131824/


War room set up to prevent poor quality Thai rice sold to consumers

BY EDITORON 2016-02-15THAILAND

War room set up to prevent poor quality rice sold to consumers

BANGKOK, 15 February 2016 (NNT) – The Public Warehouse Organization (PWO) has set up a ‘war room’ to monitor the release of government rice to prevent poor quality rice from reaching consumers.
Pol Maj Gen Kraiboon Suadsong, Chairman of the state-owned Public Warehouse Organisation (PWO), revealed that a private bidder has purchased more than 20,000 tons of rice from government stockpiles. The rice is currently being transferred to manufacturers.

The war room will monitor every detail of the transport of rice. Surveillance cameras have been installed in various places to record how the rice is being transported from one place to another. The PWO Chairman added that the transportation of rice must only be carried out during daytime. He has also assured the transparency of the process and that this poor quality rice will never be sold to consumers.
The remaining 16,000 tons of substandard rice will be auctioned off again, as the previous winning bidder, Sinchaisri Co. Ltd., failed to sign a purchasing contract during the first round of bidding last year. The company will not be allowed to participate in the bidding process, due to its regulatory infraction

http://news.thaivisa.com/thailand/war-room-set-up-to-prevent-poor-quality-thai-rice-sold-to-consumers/131883/

In the Sundarbans, rice grains from the past are helping face weather storms of the future

Combining science with traditional knowledge, researchers turn to ancient crops as a source of climate resilience.
Shreya Dasgupta  · Feb 13, 2016 · 09:30 pm
In May 2009, Cyclone Aila wreaked havoc in eastern India. Clocking in at speeds of over 120 kilometres per hour, Aila hit the Sundarbans, the largest continuous block of mangrove forest in the world, located in the Ganga-Brahmaputra tidal delta on the Bay of Bengal.
The storm killed hundreds of people and livestock, damaged close to a million houses, and washed away roads. Heavy winds and high waves breached the mud embankments that protected the islands. This brought in a deluge of salt water from the Bay of Bengal, flooding villages, turning drinking water brackish and affecting nearly 125,000 hectares of cropland.
As floodwaters subsided in the wake of the storm, thin white lines of salt appeared in the soil. The modern, high-yielding varieties of rice that had been cultivated there previously could not grow in this salt-encrusted soil. For the rice-dependent agrarian inhabitants of the delta, this was a cause for serious concern.
A month after the catastrophe, Debal Deb, a plant scientist and founder of Vrihi, a non-governmental rice seed bank, visited three Aila-struck villages in the Sundarbans. He brought with him four varieties of indigenous rice from his own seed bank – Talmugur, Lal Getu, Sada Getu and Nona Khirish – that could tolerate high levels of salinity in the soil.
Debal Deb, founder of the Vrihi seed bank in West Bengal, brought new hope in the form of salt-tolerant indigenous rice to the Sundarbans after farmlands were flooded by a 2009 storm. Source: Jason Taylor.
Most traditional rice varieties, including the ones Deb carried that day, are adapted to local climates and regions. But with the advent of modern high-yielding varieties of rice, local varieties became disused, and many were subsequently lost. Fortunately, a handful of rice conservationists in India have managed to save some of them.
Successful endeavour
Deb’s seed bank, for instance, holds more than 1,000 different kinds of indigenous rice, which he grows on his 2.3-acre farm and distributes among farmers for free. Some of these varieties, like the ones he reintroduced to the Sundarbans, are salt tolerant. Others can withstand long bouts of drought or floods.
When Deb brought the four salt-tolerant varieties to the Sundarbans in June 2009, only one was still being grown by local farmers. The other three remained only in their memories.
The farmers were initially suspicious of the salt-tolerant varieties, Deb said. “They had received many seeds from the government, but none of them had grown in their saline soil after Aila," he said. "When they saw that the seeds I gave them were germinating, they were very happy.”
That year, Deb managed to distribute the four varieties to 11 eager farmers.
Salt-tolerant rice has helped Sundarbans farmer Bhagyadhar Pramanik maintain production after tropical storm Aila inundated the farmland with salt water. Source: ENDEV.
He returned the following year, with a Kolkata-based organization called ENDEV – A Society for Environment and Development. Asish Ghosh, president of ENDEV, had scouted for and acquired more seeds of the salt-tolerant varieties from different sources. In 2010 and 2011, ENDEV worked with Deb and five local organisations to distribute these seeds to the Sundarbans farmers.
“These varieties are financially lucrative,” explains Ghosh. “They do not require costly inputs of fertilisers or pesticides, and produce better quality straw for cattle feed and roofing of houses.”
In 2013, Deb reintroduced two additional varieties of rice, Matla and Hamilton, which he received from other plant scientists in West Bengal. According to a report by WWF-India, these varieties have such high salt tolerance that farmers once cultivated them in areas without any embankments to keep salt water out.
As of 2014, more than 70 Sundarbans farmers are growing the six salt-tolerant varieties, Deb said.
Braced for the future
Radheshyam Das, a 52-year-old rice farmer in Jhupkhali village in the Sundarbans, is happy with his rice yield, which he measures in bighas, or 1/8-hectare units. “Since Aila, my rice production with high-yielding varieties fell to about two bags of rice per bigha,” he said. “Last year, with the salt tolerant variety, I had a harvest of seven bags per bigha.”
In another village on Mousuni island in the Sundarbans, farmer Sindhupada Middya experimented with a salt-tolerant variety and a modern variety. The plot of land he grew them in lay close to an embankment and would frequently be inundated by salt water during high tides. While the salt-tolerant variety yielded 240-kg of rice from less than one-tenth of a hectare (one-fifth of an acre) of land, the high-yielding variety produced nothing.
His success encouraged almost 40 other farmers on the island to adopt these salt-tolerant varieties, according to Soma Saha, member of the WWF-India team that has been introducing these rice varieties as part of its climate change adaptation initiatives.
In another part of the Sundarbans, a group of farmers have even composed a folk song that celebrates the traditional seeds. The song talks about the resilience of the seeds, the happiness they have brought and why others should use them.
As our planet warms in the decades to come, rising sea level, changing rainfall pattern and increasing frequency of cyclones such as Aila are expected to continue to erode and submerge islands in the Sundarbans. And the resulting salt intrusion is expected to continue to render crop fields unsuitable for modern rice varieties.
But by combining science with traditional knowledge, Ghosh said, farmers will be able to continue to produce food for themselves and their communities.
“We did not develop these varieties,” Ghosh said. “The farmers did, many many years ago. Some of us simply rediscovered their 100-year-old traditional knowledge, located the seeds and motivated the farmers to start using them again.”
Shreya Dasgupta produced this article as a participant in the Ensia Mentor Program. Her mentor for the project was award-winning environmental and science journalist Michelle Nijhuis.
This article was first published on Ensia.
We welcome your comments at letters@scroll.inhttp://scroll.in/article/803413/in-the-sundarbans-rice-grains-from-the-past-are-helping-face-weather-storms-of-the-future

India may export 10 lakh tonnes rice to Indonesia, valued at Rs 3,300 crore

By PTI | 15 Feb, 2016, 07:57 PM IST
India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production.
NEW DELHI: India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production. "Indonesia is expecting a fall in rice production this year and looking to import rice. Indonesia has started the negotiation process," a source told PTI. Rice is a staple food of Indonesia and it had imported rice last year as well.

"Though no final decision has yet been taken over the price, but the economic cost to the
government for the 10 lakh tonnes rice is about Rs 3,300 crore," the source said. As far as India is concerned, the government is in a comfortable position regarding rice stock. The country has more than 160 lakh tonnes of rice in stock against the requirement of 76 lakh tonnes on January 1. Besides, the Food Corporation of India (FCI) has another 127 lakh tonnes of rice in form of paddy.

As per the second advance estimate of the Agriculture Ministry, rice production is estimated to be down marginally at 103.61 million tonnes (MT) in 2015-16 crop year (July-June), as against 105.48 MT last year. Already, the procurement of kharif rice has reached 26.13 MT so far this year, much higher than 21.54 MT in the year-ago period.

The Centre's nodal procurement agency Food Corporation of India (FCI) and state government-owned agencies undertake procurement operations. The Centre has kept a rice procurement target of 30 MT for the this year.
India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production.
NEW DELHI: India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production. "Indonesia is expecting a fall in rice production this year and looking to import rice. Indonesia has started the negotiation process," a source told PTI. Rice is a staple food of Indonesia and it had imported rice last year as well.

"Though no final decision has yet been taken over the price, but the economic cost to the
government for the 10 lakh tonnes rice is about Rs 3,300 crore," the source said. As far as India is concerned, the government is in a comfortable position regarding rice stock. The country has more than 160 lakh tonnes of rice in stock against the requirement of 76 lakh tonnes on January 1. Besides, the Food Corporation of India (FCI) has another 127 lakh tonnes of rice in form of paddy.

As per the second advance estimate of the Agriculture Ministry, rice production is estimated to be down marginally at 103.61 million tonnes (MT) in 2015-16 crop year (July-June), as against 105.48 MT last year. Already, the procurement of kharif rice has reached 26.13 MT so far this year, much higher than 21.54 MT in the year-ago period.

The Centre's nodal procurement agency Food Corporation of India (FCI) and state government-owned agencies undertake procurement operations. The Centre has kept a rice procurement target of 30 MT for the this year.


http://economictimes.indiatimes.com/news/economy/foreign-trade/india-may-export-10-lakh-tonnes-rice-to-indonesia-valued-at-rs-3300-crore/articleshow/50998647.cms

Broken down harvester stalls Moco Moco rice project


The harvester stood forlornly in the flatlands, encircled by tufts of dead, brown grass and shrubs in a field that once gleamed with golden, ripening paddy in the shadows of the Kanuku Mountains.Over 16 months since it broke down, the harvester is yet to be fixed despite promises by the Guyana Rice Develop-ment Board (GRDB) to do so, William Ramsarran, the deputy toshao of Moco Moco told Stabroek News during a visit to the Region Nine community last week. Patches of rust now cover parts of the harvester which broke down since September 2014. It is a critical piece of machinery for reaping the rice…to continue reading
http://www.stabroeknews.com/2016/news/stories/02/15/broken-harvester-stalls-moco-moco-rice-project/



AEDA RICE COMMODITY NEWS

International Benchmark Price
Price on: 15-02-2016
Product
Benchmark Indicators Name
Price
Honey
1
Argentine 85mm, CIF NW Europe (USD/t)
2640
2
Argentine 50mm, CIF NW Europe (USD/t)
2700
3
Argentine 34mm, CIF NW Europe (USD/t)
2750
Peanuts
1
South Africa, HPS 70/80 peanuts CFR main European ports (USD/t)
1875
2
South African, HPS 40/50 peanuts CFR main European ports (USD/t)
1000
3
Argentinean 38/42 runners, CFR NW Europe (USD/t)
1425
Sultanas
1
Australian 5 Crown, CIF UK (USD/t)
2794
2
South African Orange River, CIF UK (USD/t)
2755
3
Turkish No 9 standard, FOB Izmir (USD/t)
1900
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 13-02-2016
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Maize
1
Dahod (Gujarat)
Yellow
1500
1530
2
Rahata (Maharashtra)
Other
1350
1350
3
Theni (Tamil Nadu)
Other
1380
1440
Paddy(Dhan)
1
Kasargod (Kerala)
Other
1400
1500
2
Dehgam (Gujarat)
Other
1325
1350
3
Sainthia (West Bengal)
Common
1030
1050
Mousambi
1
Bharuch (Gujarat)
Other
2500
3500
2
Parappanangadi (Kerala)
Other
3100
3300
3
Mechua (West Bengal)
Other
3000
3200
Brinjal
1
Bonai (Orissa)
Other
2000
2000
2
Jagraon (Punjab)
Other
1100
1250
3
Kalyan (Maharashtra)
Other
800
1000
For more info
Egg
Rs per 100 No
Price on 15-02-2016
Product
Market Center
Price
1
Pune
395
2
Hyderabad
365
3
Nagapur
350
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 12-02-2016
Product
Market Center
Origin
Variety
Low
High
Onions Dry
Package: 40 lb cartons
1
Atlanta
Peru
Yellow
24.50
24.50
2
Baltimore
Peru
Yellow
23
24
3
Chicago
Nevada
Yellow
34.50
34.50
Cucumbers
Package: cartons film wrapped
1
Atlanta
Mexico
Long Seedless
10.50
12.50
2
Dallas
California
Long Seedless
15.50
16.50
3
Miami
Canada
Long Seedless
16
16
Apples
Package: cartons tray pack
1
Atlanta
Virginia  
Red Delicious 
25.50
26
2
Chicago
Washington
Red Delicious 
22
22.50
3
Miami
Washington
Red Delicious 
24
27
Source:USDA

Arkansas Farm Bureau Daily Commodity Report

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


Futures:
High
Low
Last
Change
Mar '16
1108.5
1070.5
1076.5
-25.0
May '16
1135.5
1098.0
1103.0
-26.0
Jul '16
1158.0
1127.5
1131.0
-26.0
Sep '16
1150.0
1150.0
1146.5
-22.0
Nov '16
1162.0
-21.0
Jan '17
1176.5
-10.0
Mar '17
1176.5
-10.0

Rice Comment

Rice futures continued lower today, despite a better export report this week. USDA says 53,000 metric tons were sold to foreign buyers this week, compared with only 40,200 metric tons last week. The monthly supply/demand balance sheet was little changed, but the on-farm price was lowered again. The average expected price for long grain is now $11.00-$11.60/cwt, and mid-south medium grain is expected to bring $11.70-$12.30. March has been working lower and is set up for a retest of the recent low of $10.65.

 

FG pledges support to rice millers


15 February 2016, 20:36Emeka Okonkwo
Abuja - The Minister of Agriculture and Rural Development, Audu Ogbe, has assured millers and investors in the rice value chain of government’s support to ensure Nigeria becomes self sufficient in rice production.This would enable the country export the commodity.Speaking during an inspection of the multibillion-Naira AA Ibrahim Integrated Rice Mill Ltd at Challawa, Kano, he said huge potential for rice production existed in the country.He said farmers could feed the country’s growing population and export to earn revenue.He commended for investing N6 billion in the project, which he noted, was on the verge of completion.Ogbe pledged Federal Ministry of Agriculture would assist the company with a rice colour sorter to encourage its management.

Governor Abdullahi Umar Ganduje  meanwhile expressed his administration’s support.
“The state government is making efforts to provide conducive atmosphere and working relationship between the farmers and the management of processing complexes,” he said.
Managing Director of AA Ibrahim Integrated Rice Mill Ltd, Abdulkadir Aminu Ibrahim stated the factory was established to help in boost rice production in the country.Production capacity is about 120 000 metric tonnes per annum.The facility provides 1 200 direct and auxiliary jobs.
http://www.news24.com.ng/National/News/fg-pledges-support-to-rice-millers-20160215

 

Brave new plant world? Chinese scientists smash reproductive barrier between genera for first time, but critics warn of playing god

PUBLISHED : Tuesday, 16 February, 2016, 2:56pm
UPDATED : Tuesday, 16 February, 2016, 4:14pm
Stephen Chen
The Chinese team modified the chemical signature of pollen from one genus (Arabidopsis thaliana) to dupe the female from another (Arabidopsis thaliana) into recognising it as her own. She then guided the pollen tube into her ovule. This screenshot shows the tube seeking its target. Credit: Chinese Academy of Sciences
Chinese scientists have come up with a groundbreaking method to remove the reproductive barrier between plants, paving the way for species from separate taxonomic families to mate at will, according to a new paper published in the journal Nature.
By chemically interfering with the plants’ pollen cells, the research team convinced a female plant from one genus to mate with a male from an alien species.
The team said they were able to create a distant-hybrid species using Arabidopsis thaliana and Capsella rubella, two flowering plants as different in biological terms as humans and gorillas.
The experiments were overseen by Professor Yang Weicai from the Institute of Genetics and Developmental Biology in Beijing, which operates under the Chinese Academy of Sciences.
While different plant species can be “fused” using more brutal methods such as cloning or genome editing, this is the first time they have been made to mate in more natural terms.
Such cross-breeding has hitherto only occurred between very close species, for example by combining domestic and wild rice species in China to create hybrid forms of rice and raise crop yields.
Pollen, the fine powdery substance that produces male gametes (sperm cells), must land on the female sex organ of a flower (the pistil) to germinate, producing a pollen tube that extends to pass sperm into the ovule containing the female gametophyte, where fertilisation can occur.
But the male plant needs guidance from the female to make sure the pollen tube meets its target, and the female will only send the required signal if she recognises the pollen as being from the same genus.
Such restrictions on reproduction have brought order and discipline to the plant kingdom, but they have also made it hard for scientists to cross-breed new species to, for example, boost agricultural production.
Yang’s team partially solved the problem by exploiting this biological “loophole”: they changed the chemical signature of the surface of the pollen cells to trick the female plant into recognising it as belonging to the same plant family.
By modifying the signature of the pollen from Capsella rubella, the team duped the female Arabidopsis thaliana into sending out the correct “attracting signals” to facilitate fertilisation.
This method could be used to “partially break down the reproductive isolation barrier”, the researchers wrote in their paper.
Yet problems remain. First, it could cause the offspring to mutate or be infertile; second, it remains unclear just how effective this procedure would be for other plants, the team said.“This new technology could trigger a revolution in agriculture. It may lead to the creation of rice that can be grown in the desert, or which can grow as tall and big as a tree, by cross-breeding species in a way that was impossible before,” said a botanist who declined to be named.“But these kind of tests need to be strictly controlled in a laboratory,” the botanist added.
“Mother Nature has erected reproductive barriers among different species for good reason. Any abuse of this could have unexpected consequences.”
http://www.scmp.com/tech/science-research/article/1913461/brave-new-plant-world-chinese-scientists-smash-reproductive


Scientists complete most significant DNA sequencing of rice

Photo by: AFP

Drawing on a massive bank of varieties stored in the Philippines and state-of-the-art Chinese technology, scientists recently completed the DNA sequencing of more than 3,000 types of rice.  Rice breeders will soon be able to produce higher-yielding varieties of rice with new technology

Rice-growing techniques learned through thousands of years of trial and error are about to be turbocharged with DNA technology in a breakthrough hailed by scientists as a potential second "green revolution".
Over the next few years farmers are expected to have new genome sequencing technology at their disposal, helping to offset a myriad of problems that threaten to curtail production of the grain that feeds half of humanity.
Drawing on a massive bank of varieties stored in the Philippines and state-of-the-art Chinese technology, scientists recently completed the DNA sequencing of more than 3,000 of the world's most significant types of rice.
With the huge pool of data unlocked, rice breeders will soon be able to produce higher-yielding varieties much more quickly and under increasingly stressful conditions, scientists involved with the project said.
Other potential new varieties being dreamt about are ones that are resistant to certain pests and diseases, or types that pack more nutrients and vitamins.
"This will be a big help to strengthen food security for rice eaters," said Kenneth McNally, an American biochemist at the Philippines-based International Rice Research Institute (IRRI).
Since rice was first domesticated thousands of years ago, farmers have improved yields through various planting techniques.
For the past century breeders have isolated traits, such as high yields and disease resistance, then developed them through cross breeding.
However, they did not know which genes controlled which traits, leaving much of the effort to lengthy guesswork.
The latest breakthroughs in molecular genetics promise to fast-track the process, eliminating much of the mystery, scientists involved in the project.
Better rice varieties can now be expected to be developed and passed on to farmers' hands in less than three years, compared with 12 without the guidance of DNA sequencing.
Genome sequencing involves decoding DNA, the hereditary material of all living cells and organisms. The process roughly compares with solving a giant jigsaw puzzle made up of billions of microscopic pieces.
A multinational team undertook the four-year project with the DNA decoding primarily in China by BGI, the world's biggest genome sequencing firm.
Leaf tissue from the samples, drawn mostly from IRRI's gene bank of 127,000 varieties were ground by McNally's team at its laboratory in Los Banos, near Manila's southern outskirts, before being shipped for sequencing.
A non-profit research outfit founded in 1960, IRRI works with governments to develop advanced varieties of the grain.
Threats to rice
Farmers and breeders will need the new DNA tools, which scientists take pains to say is not genetic modification, because of the increasingly stressful conditions for rice growing expected in the 21st Century.
While there will be many more millions to feed, there is expected to be less land available for planting as farms are converted for urban development, destroyed by rising sea levels or converted to other crops.

Farmers work in a rice field near the International Rice Research Institute in Laguna, Philippines.

Rice-paddy destroying floods, drought and storms are also expected to worsen with climate change. Meanwhile, pests and diseases that evolve to resist herbicides and pesticides will be more difficult to kill.
And fresh water, vital for growing rice, is expected to become an increasingly scarce commodity in many parts of the world.
As scientists develop the tools necessary to harness the full advantages of the rice genome database, the hope is that new varieties can be developed to combat all those problems.
"Essentially, you will be able to design what properties you want in rice, in terms of the drought resistance, resistance to diseases, high yields, and others," said Russian bioanalytics expert and IRRI team member Nickolai Alexandrov.
Food revolution
Scientists behind the project hope it will lead to a second "green revolution".
The first began in the 1960s as the development of higher-yielding varieties of wheat and rice was credited with preventing massive global food shortages around the world.
That giant leap to producing more food involved the cross-breeding of unrelated varieties to produce new ones that grew faster and produced higher yields, mainly by being able to respond better to fertiliser.
But the massive gains of the earlier efforts, which earned US geneticist Norman Borlaug the Nobel Peace Prize in 1970, have since reached a plateau.
Although the DNA breakthrough has generated much optimism, IRRI scientists caution it is not a magic bullet for all rice-growing problems, and believe that genetically modifying is also necessary.
They also warn that governments will still need to implement the right policies, such as in regards to land and water use.
One of the key priorities of IRRI is to pack more nutrients into rice, transforming it into a tool to fight ailments linked to inadequate diets in poor countries as well as lifestyle diseases in wealthier countries.
"We're interested to understand the nutritional value.... we're looking into the enrichment of micronutrients," Nese Sreenivasulu, the Indian head of the IRRI's grain quality and nutrition centre told.
Nese believes Type-2 diabetes, which afflicts hundreds of millions of people, can be checked by breeding for particular varieties of rice which when cooked will release sugar into the bloodstream more slowly.
IRRI scientists are also hoping to breed rice varieties with a higher component of zinc, which prevents stunting and deaths from diarrhea in rice-eating Southeast Asia.
Source: 
TRTWorld, AFP

Agri teamup seen to boost PH rice supply

posted February 15, 2016 at 12:01 am by The Standard

Amid the dreaded impact of El Niño on the country’s farms, AgriNurture Inc.  has  entered into a partnership with Phoenix Commodities Ltd., one of the world’s top  three  players in the global rice  trading industry.  
AgriNurture  will distribute rice and fertilizer  to meet the self- sufficiency targets of the country, a company statement said.
The Philippines will not be able to meet its rice sufficiency target before the end of the current administration and is aiming to bring in 500 MT of rice.  
Due to El Niño  which has engulfed 17 provinces mostly in the rice-producing areas in Mindanao, supply from other rice-exporting countries is also expected to decline.  The entry of Phoenix-ANI will give rice supply a big boost, the statement said.
ANI is also into hybrid rice seedling production with China‘s biggest agricultural firm Bei Da Huang under a  joint venture company.
 Phoenix is one of the top 3 players in the global rice trading industry today, trading close to 1,000,000+  tons of rice annually and is now among  the top five  exporters from India. Its business model is based on upstream integration and is now in the process of duplicating the Basmati experience across other origins of premium rice including Thailand, Vietnam and USA.      
At any given time, it has enough inventory to augment part of our country‘s shortage, the company said.
Meanwhile, presidential candidates were  urged by a grassroots group  to adopt a farm-based  program  that will ensure protection for local farmers amid the  natural disasters brought on by climate change and the prolonged drought caused by  El Niño.
The group, Dignidad stresses the need  for the new administration to have a clear program of agricultural industrialization if it were to address inequality and achieve genuine development, said the group spokesman Rene Ofreneo, former dean of the school of labor and industrial relations at the University of the Philippines in Diliman

Tanzania: Experts Want Tanzanian Farmers to Upgrade Rice


By Leonard Magomba
Dar es Salaam — Tanzanian farmers have been encouraged to sell processed rice so as to increase their income by nearly 50%.
According to study dubbed 'Selling now or later, to process or not? The role of risk and time preferences in rice farmers decisions,' selling rice or later are more profitable for farmers, than selling paddy or immediately after harvest.
Dr Remidius Ruhinduka was speaking during the Environment for Development (EFD) dissemination workshop in Dodoma recently.
However, Dr Ruhinduka said despite having these opportunities, for some reasons, most rice farmers in Tanzania do not go for these profitable options.
"Processed rice could increase the income by nearly 50%. We are encouraging rice farmers to opt for these options," Dr Ruhinduka said,
He however highlights on the importance of addressing some potential constraints governing such choices by farmers.
For example, he said farmers need to objectively measure the amount of moisture in paddy before processing for a good outcome; else they could end up losing from this value adding process.
Therefore he added challenge remains to be the limited or non-existing access of moisture meters to most of poor rice farmers in the country.
http://allafrica.com/stories/201602151619.html

DNA breakthrough raises hopes for ‘dream rice’
February 15, 2016 10:27 pm
LOS BAÑOS, Laguna: Rice-growing techniques learned through thousands of years of trial and error are about to be turbocharged with DNA technology in a breakthrough hailed by scientists as a potential second “Green Revolution.”
Over the next few years, farmers are expected to have new genome sequencing technology at their disposal, helping to offset a myriad of problems that threaten to curtail production of the grain that feeds half of humanity.
Drawing on a massive bank of varieties stored in the Philippines and state-of-the-art Chinese technology, scientists recently completed the DNA sequencing of more than 3,000 of the world’s most significant types of rice.
With the huge pool of data unlocked, rice breeders will soon be able to produce higher-yielding varieties much more quickly and under increasingly stressful conditions, scientists involved with the project told Agence France-Presse.
Other potential new varieties being dreamt about are ones that are resistant to certain pests and diseases, or types that pack more nutrients and vitamins.
“This will be a big help to strengthen food security for rice eaters,” said Kenneth McNally, an American biochemist at the Philippines-based International Rice Research Institute (IRRI) here.
Since rice was first domesticated thousands of years ago, farmers have improved yields through various planting techniques.
For the past century, breeders have isolated traits, such as high yields and disease resistance, then developed them through cross-breeding.
They, however, did not know which genes controlled which traits, leaving much of the effort to lengthy guesswork.
The latest breakthroughs in molecular genetics promise to fasttrack the process, eliminating much of the mystery, scientists involved in the project said.
Better rice varieties can now be expected to be developed and passed on to farmers’ hands in less than three years, compared with 12 without the guidance of DNA sequencing.
Genome sequencing involves decoding DNA, the hereditary material of all living cells and organisms.
The process roughly compares with solving a giant jigsaw puzzle made up of billions of microscopic pieces.
A multinational team undertook the four-year project with the DNA decoding primarily in China by BGI, the world’s biggest genome sequencing firm.
Leaf tissue from the samples, drawn mostly from IRRI’s gene bank of 127,000 varieties were ground by McNally’s team at its laboratory in Los Baños, near Manila’s southern outskirts, before being shipped for sequencing.
A non-profit research outfit founded in 1960, IRRI works with governments to develop advanced varieties of the grain.
Threats to rice
Farmers and breeders will need the new DNA tools, which scientists take pains to say is not genetic modification, because of the increasingly stressful conditions for rice growing expected in the 21st century.
While there will be many more millions to feed, there is expected to be less land available for planting as farms are converted for urban development, destroyed by rising sea levels or converted to other crops.
Rice-paddy destroying floods, drought and storms are also expected to worsen with climate change.
Meanwhile, pests and diseases that evolve to resist herbicides and pesticides will be more difficult to kill.
And fresh water, vital for growing rice, is expected to become an increasingly scarce commodity in many parts of the world.
As scientists develop the tools necessary to harness the full advantages of the rice genome database, the hope is that new varieties can be developed to combat all those problems.
“Essentially, you will be able to design what properties you want in rice, in terms of the drought resistance, resistance to diseases, high yields, and others,” said Russian bioanalytics expert and IRRI team member Nickolai Alexandrov.
Scientists behind the project hope it will lead to a second “Green Revolution.”
The first began in the 1960s as the development of higher-yielding varieties of wheat and rice was credited with preventing massive global food shortages around the world.
That giant leap to producing more food involved the cross-breeding of unrelated varieties to produce new ones that grew faster and produced higher yields, mainly by being able to respond better to fertilizer.
But the massive gains of the earlier efforts, which earned US geneticist Norman Borlaug the Nobel Peace Prize in 1970, have since reached a plateau.
Although the DNA breakthrough has generated much optimism, IRRI scientists caution that it is not a magic bullet for all rice-growing problems, and believe that genetically modifying is also necessary.
They also warn that governments will still need to implement the right policies, such as those regarding land and water use.
One of the key priorities of IRRI is to pack more nutrients into rice, transforming it into a tool to fight ailments linked to inadequate diets in poor countries as well as lifestyle diseases in wealthier countries.
“We’re interested to understand the nutritional value…. we’re looking into the enrichment of micronutrients,” Nese Sreenivasulu, the Indian head of the IRRI’s grain quality and nutrition center, said.
http://www.manilatimes.net/dna-breakthrough-raises-hopes-for-dream-rice/245186/

New rice research may usher in next wave of ‘green revolution’

FEBRUARY 15, 2016
by Susanna Pilny
Rice growers may soon have DNA technology at their fingertips to help them overcome the various issues facing the grains that feed half the world as they arise—but it’s simpler than you might think.
For thousands of years, farmers have been selecting for the traits they want in their crops through simple trial and error, but new gene sequencing technology is looking to facilitate this process greatly. In fact, according to Phys.org, it’s anticipated that this technology with streamline the process so that it takes a quarter of the time it does now; it could reduce the timespan needed to develop new rice varieties in response to environmental changes to less than three years, as compared to 12 without the technology.
The idea is actually fairly simple. The International Rice Research Institute (IRRI) in the Philippines has a massive bank of rice varieties, which researchers paired sequenced using advanced Chinese technology. Now, more than 3,000 of the world’s most important kinds of rice have their entire genomes sequenced, along what their genes code for.
Which means that, should a farmer be faced with a challenge such as a floods, new pests, or shifting nutritional needs, they can better figure out how to breed new rice varieties from existing ones by selecting for crops with the traits they desire.
"Essentially, you will be able to design what properties you want in rice, in terms of the drought resistance, resistance to diseases, high yields, and others," said Russian bioanalytics expert and IRRI team member Nickolai Alexandrov.
However, researchers also emphasize that this is not genetic modification (like with GMOs), but rather selective breeding—which they believe will lead to the second “green revolution”. The first one began in the 1960s, with the development of rice and wheat that created higher yields, and is now credited with preventing global food shortages.
But these gains plateaued around 1970, making this innovation a potential game-changer for rice growers.
"This will be a big help to strengthen food security for rice eaters," said Kenneth McNally, an American biochemist at the IRRI.

Read more at http://www.redorbit.com/news/science/1113412604/new-rice-research-may-usher-in-next-wave-of-green-revolution-021516/#4z5iPKql6ASf1t6e.99
Commerce Min: Thailand must grow rice according to market demand 
BY EDITOR ON          2016-02-15 THAILAND
BANGKOK, 15 February 2016 (NNT) – The Ministry of Commerce said it is necessary that Thailand produce rice according to the actual demand in the market.Permanent Secretary of the Ministry of Commerce Chutima Bunyapraphasara convened agriculture-related officials to a meeting to discuss the possibility of Thailand reducing the number of rice plantations. According to her, the supply of rice in the country will exceed demand should farmers continue the off-season harvesting of paddy.The idea has prompted rice producers to request that the government clearly regulate prices of rice so as to allow them to plan their cultivation accordingly.She said the ministry would soon summon rice buyers and ask them to purchase paddy directly from producers without going through a middleman
http://news.thaivisa.com/thailand/commerce-min-thailand-must-grow-rice-according-to-market-demand/131824/
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17th February,2016 Daily Exclusive ORYZA Rice E-Newsletter by Ricelus Magazine

Milled Rice Output to Decline 2% y/y to 103.61 Million Tons

Feb 16, 2016
The government of India forecasts India's 2015-16 (July - June) milled rice output to decline about 2% to around 103.61 million tons from around 105.48 million tons in 2014-15.
The government in its second advance estimates for major crops estimates output from the kharif rice crop (July - December) at around 90.59 million tons, down about 1% from last year's 91.39 million tons. Kharif crop accounts for about 87% of the country's total rice output. The decline is attributed to 14% deficiency in 2015 monsoon rains between July and September.
Output from the smaller rabi rice crop (November - May) is estimated to decline about 7.5% to around 13.02 million tons in 2015-16 from around 14.09 million tons last year.
According to the Directorate of Economics & Statistics under the Ministry of Agriculture, the government targets to achieve an output of around 106.10 million tons (around 92.1 million tons from kharif and around 14 million tons from rabi).
The government estimates India's 2015-16 total food grain production to increase marginally to around 253.16 million tons from around 252.02 million tons last year due to an expected increase in production of wheat and pulses. The food grain output is expected to increase despite prevailing dry conditions and below-average rains.
"Overall food grain output is likely to be better than last year despite deficit monsoon for two straight years,” the Agriculture Minister was quoted.. "Timely contingency measures and promotion of better crop varieties restricted loss in production," he adds.

EU Imports 526,984 Tons of Rice in September 1, 2015 - February 9, 2016; Up 19% from Previous Year

Feb 16, 2016
According to the latest data issued by the European Union (EU), rice imports by the EU increased sharply since the beginning of the crop year 2015-16 (September 1, 2015 - August 31, 2016).
The EU imported about 526,984 tons of rice during the period September 1, 2015 - February 9, 2016, up about 19% from around 441,482 tons imported during the same period last year.
Japonica rice imports declined about 3% to around 38,686 tons in September 1, 2015 - February 9, 2016 period from around 39,800 tons during the same period last year. Indica rice imports increased about 21.5% to around 488,298 tons during the said period from around 401,682 tons last year.
The UK remained the largest importer in September 1, 2015 - February 9, 2016 period with around 121,888 tons followed by France (90,732 tons), The Netherlands (61,144 tons), Poland (40,793 tons), Germany (39,530 tons),  and Italy (38,510 tons). Other EU countries imported 134,387 tons.
During the week ended February 9, 2016, the EU imported around 29,564 tons of rice, up about 50% from around 19,668 tons imported during the week ended February 2, 2015.
The EU imported around 1.143 million tons of rice in the crop year 2014-15, up about 12.7% from around 1.013 million tons imported in the crop year 2013-14.

Government of India Procures 26.13 Million Tons of Rice as of February 11, 2016; Up 21% from Previous Year

Feb 16, 2016
Paddy procurement by The Food Corporation of India (FCI) and other government agencies in the 2015-16 kharif marketing season (KMS) has reportedly reached around 26.13 million tons as on February 11, 2016, up about 21% from around 21.54 million tons during the same time last year, the Economic Times quoted the Food Minister.
The government is targeting to procure about 30 million tons in KMS 2015-16.
The Minister has assured that there is no shortage of food grains in the country despite two consecutive years of deficient rains. He also told reporters that the government is taking all measures to ensure that socially weaker sections would receive the food grains at subsidized prices.
India’s rice stocks in the central pool as of February 1, 2016 stood at around 28.95 million tons (including a milled equivalent of about 12.71 million tons of paddy), up about 16% from around 24.88 million tons recorded during the same period last year, according to data from the Food Corporation of India (FCI). Month-over-month, India's rice stocks in the central pool are up about 11% from around 26.025 million tons recorded on January 1, 2016.
 India Hopes to Secure One Million Ton Rice Export Deal with Indonesia  
Feb 16, 2016

The government of India is hoping to secure a one million ton rice export deal with Indonesia, as the South East Asian nation is likely to witness a fall in its rice production this year due to the extending dry conditions, according to the Economic Times.
"Indonesia is expecting a fall in rice production this year and looking to imports rice. Indonesia has started the negotiation process," a government source was quoted. The source noted that a final price is not yet decided but the economic cost to the government for the one million tons of rice comes to about Rs.3,300 crore (around $485 million).
The source assured that the government's rice stocks are in a comfortable position. India’s rice stocks in the central pool as of February 1, 2016 stood at around 28.95 million tons (including a milled equivalent of about 12.71 million tons of paddy), up about 16% from around 24.88 million tons recorded during the same period last year, according to data from the Food Corporation of India (FCI). Month-over-month, India's rice stocks in the central pool are up about 11% from around 26.025 million tons recorded on January 1, 2016.
Paddy procurement by Indian government in the 2015-16 kharif marketing season (KMS) has reportedly reached around 26.13 million tons as on February 11, 2016, up about 21% from around 21.54 million tons during the same time last year. The government is targeting to procure about 30 million tons in KMS 2015-16.
However, India’s rice exports declined about 10% to around 7.79 million tons in the first nine months of FY 2015-16 (April - December 2015) from around 8.65 million tons during the same period last year due to a decline in demand from African nations as well as a stiff competition with Thailand, Vietnam and Pakistan.

Sri Lanka Plans to Export Surplus Rice to Southern African Region

Feb 16, 2016

The government of Sri Lanka, which has about 200,000 tons of surplus paddy rice, is planning to export it to the Southern African nations, according to the Sunday Times Sri Lanka.
The Minister of Rural Economy P. Harrison told reporters that the government's rice stocks are far above that required for domestic consumption. He noted that negotiations were underway with Ghana and Nigeria who are keen on importing rice from Sri Lanka.
“We are negotiating and are hopeful of securing a good price for our rice,” he was quoted.
The government is also planning to clear the excess rice stocks by distributing it among the recipients of its social welfare scheme 'Samurdhi.'
The government of Sri Lanka is reportedly expecting paddy rice output from the 2015-16 Maha crop (September - March) at around 2.93 million tons, up about 7% from around 2.74 million tons last year.
Farmers Urged to Increase Indica Rice Hectarage

Italian Rice Feb 16, 2016
The President of the Association of the Italian Milling Industries (AIRI) urged rice farmers to increase the hectarage under the Indica varieties, according to local sources.
Indica rice hectarage in Italy has been declining over the past few years due to low prices and high imports.
Speaking in a meeting last week, the AIRI President called upon the farmers unions to join forces to defend the Italian rice sector, starting from the decisions on imminent sowing, as well as sharing a common strategy for access to the highest EU decision-making levels. He also noted that the AIRI is planning for an alliance with the three most important Italian Unions (Coldiretti, Confagricoltura and Cia) in order to deal directly the European Commissioner or agriculture Phil Hogan agriculture and the Commissioner for trade Cecilia Malmstrom, to seek their support in defending the Italian rice sector.
"In a few years the Italian market has grown from 2 million and a half tons to 2 million 800 thousand tons," he said. More immigrates people, who consume more indica rice; the growth of Italian cuisine, with its risotto, but also the ethnic one, like sushi employing round varieties; a wider use of rice as an ingredient in cereals for breakfast or other preparations are some of the reasons for an increase in rice consumption in the country.
"I see a great prospect for rice cultivation, if we succeed to face the external threats: Italy can grow up to 250,000 hectares compared to the 232,000 of last crop year," he added. The official noted that 75,000-80,000 hectares of typical varieties such as Carnaroli, Vialone Nano, Baldo and more, 45,000-50,000 hectares of Ribe type, other 60,000-70,000 hectares of round, and 60,000-65,000 hectares of Indica would be an ideal bifurcation of the rice varieties in a year.
Indica rice acreage reached around 35,000  hectares in 2015, and the first indications on sowings for 2016 show a further decline, he says.

Oryza U.S. Rough Rice Recap - Prices Seen Unchanged as Market Waits for Iraqi Tender Results

Feb 17, 2016

The U.S. cash market was mostly unchanged today with little trading to report. Analysts note that market participants are eagerly awaiting the results of the latest Iraq tender.
Offers need to be submitted on February 21 and must remain valid until February 25. Many are hopeful that Iraq will buy more than the 90,000 MT that they tendered for.

Maldives Plans to Import Rice from Bangladesh, Says Maldivian Government Official

Feb 16, 2016
The Maldives is planning to import rice, medicine, sands and other necessary products from Bangladesh, the Financial Express quoted the Maldivian High Commissioner to Bangladesh.
He reportedly conveyed the same message to the Bangladesh Commerce Minister on a visit to Bangladesh.
The development reportedly comes after a joint working group was formed in November 2015 to boost trade between the two countries. The Commerce Minister noted that Bangladesh exported products worth $5.64 million to the Maldives and imported products worth $1.16 million in FY 2014-15 (July - June).

Thailand 2015 Rice Exports Decline 11% y/y to 9.795 Million Tons

Feb 16, 2016
Thailand exported around 9.795 million tons of rice in 2015, down about 11% from around 10.969 million tons exported during the same period last year, according to data from Thai Rice Exporters Association (TREA). In value terms, Thailand rice exports earned around $4.51 billion during the year, down about 16% from around $5.38 billion earned during the same period last year.
During the year, white rice exports accounted for around 4.87 million tons (about 50% of total 2015 exports), Hom Mali rice exports accounted for about 1.385 million tons (about 14% of total 2015 exports), brokens accounted for 1.036 million tons (about 10.6% of total 2015 exports), glutinous variety accounted for 124,190 tons (about 1% of total 2015 exports), parboiled rice accounted for about 2.32 tons (about 24% of total 015 exports) and husked/brown rice accounted for about 65,165 tons (about 0.6% of total 2015 exports).  Average export prices of all varieties of rice declined during the year.
In December 2015, Thailand exported around 1.22 million tons of rice, up about 60% from around 763,419 tons exported in November 2015, and down about 17.5% from around 1.48 million tons exported in December 2014. In value terms, Thailand’s rice exports earned about $537.11 million from total rice exports during the month, up about 61% from around $332.87 million earned in November 2015, and down about 22.5% from around $693.75 million earned in December 2014.

Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Move Higher as Firmer US Grains Provide Support

Feb 17, 2016
Chicago rough rice futures for Mar delivery settled 7.5 cents per cwt (about $2 per ton) higher at $10.840 per cwt (about $239 per ton). The other grains finished the day higher; Soybeans closed about 0.7% higher at $8.6775 per bushel; wheat finished about 1.4% higher at $4.6900 per bushel, and corn finished the day about 1.2% higher at $3.6775 per bushel.
U.S. stocks traded higher Tuesday, helped by gains in consumer discretionary and financials, as well as positive developments in China. Consumer discretionary gained more than 2% to lead the S&P 500 higher. The U.S. Commerce Department said on Friday that core retail sales, which exclude automobiles, gasoline, building materials and food services, increased a more-than-expected 0.6% last month after an unrevised 0.3% decline in December. U.S. markets were closed Monday for Presidents Day. Mainland Chinese markets reopened Monday after a week-long Lunar New Year holiday and closed higher Tuesday, with the Shanghai composite up more than 2.5% for the week so far. The Nikkei 225 held slight gains Tuesday for week-to-date gains of nearly 7.4%.In midday trade, the Dow Jones industrial average traded up 156 points, or 0.9%, to 16,130. The S&P 500 gained 22 points, or 1.19%, to 1,886, with consumer discretionary leading nine sectors higher and energy the only decliner. The Nasdaq composite rose 72 points, or 1.66%, to 4,409. Gold is seen trading about 2.9% lower, crude oil is seen trading about 1.2% lower, and the U.S. dollar is seen trading about 1% higher at about  2:35pm Chicago time.
Friday, there were 1,614 contracts traded, up from 1,019 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday increased by 466 contracts to 13,243. 

Thailand Sells 152,377 Tons of Stockpiled Rice in First Auction of This Year

Feb 16, 2016
The government of Thailand has sold 152,377 tons of stockpiled rice worth 1.78 billion baht (around $50 million) in the first auction of this year, Reuters quoted sources from the Commerce Ministry.Bids of 15 private companies were reportedly successful in today's auction. The Ministry noted that the sale would be approved by Thailand's rice management committee but did not provide a time frame. Rice from about 35 warehouses was offered in the auction.The Ministry aimed to sell between 500,000 - 600,000 tons of rice, including about 204,000 tons of "good grade" rice for human consumption in the first lot and about 360,000 tons of "Grade C" rice for industrial use in the second lot, in February 2016.
The Ministry has invited bids for the auction of second lot of rice from interested parties from February 17, 2016.Earlier this month, the Commerce Ministry Permanent Secretary noted that the market prices of rice won't be affected due to the current auctions as paddy from the 2015-16 crop has already reached the market.The government currently holds about 13 million tons of rice in its stockpiles and it is reportedly planning to clear the stocks by the end of 2017.
Global Rice Quotes
February 17th, 2016
Long grain white rice - high quality
Thailand 100% B grade          370-380           ↔
Vietnam 5% broken    345-355           ↔
India 5% broken         360-370           ↔
Pakistan 5% broken    340-350           ↓
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken             425-435           ↔
U.S. 4% broken           460-470           ↔
Uruguay 5% broken    440-450           ↔
Argentina 5% broken 430-440           ↔
Long grain white rice - low quality
Thailand 25% broken 345-355           ↔
Vietnam 25% broken 335-345           ↑
Pakistan 25% broken 310-320           ↔
Cambodia 25% broken           405-415           ↔
India 25% broken       325-335           ↔
U.S. 15% broken (sacked)      440-450           ↔
Long grain parboiled rice
Thailand parboiled 100% stxd            370-380           ↔
Pakistan parboiled 5% broken stxd    NQ      ↔
India parboiled 5% broken stxd         350-360           ↔
U.S. parboiled 4% broken       480-490           ↔
Brazil parboiled 5% broken    520-530           ↔
Uruguay parboiled 5% broken            NQ      ↔
Long grain fragrant rice
Thailand Hommali 92%          680-690           ↓
Vietnam Jasmine         430-440           ↑
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             750-760           ↔
Brokens
Thailand A1 Super      325-335           ↔
Vietnam 100% broken            320-330           ↔
Pakistan 100% broken stxd    290-300           ↑
Cambodia A1 Super   345-355           ↔
India 100% broken stxd         260-270           ↔
Egypt medium grain brokens NQ      ↔
U.S. pet food 280-290           ↔
Brazil half grain          NQ      ↔
All prices USD per ton, FOB vessel, oryza.com

Thailand Rice Sellers Lower Some of Their Quotes Today; Pakistan Rice Quotes Mixed Today

Feb 16, 2016
Thailand rice sellers lowered their quotes for 25% broken rice by about $5 per ton to around $345-$355 per ton today. Pakistan rice sellers increased their quotes for 5% broken rice by about $5 per ton to around $345-$355 per ton and lowered their quotes for 25% broken rice by about $10 per ton to around $310-$320 per ton. Other Asia rice sellers kept their quotes unchanged today.                                
5% Broken Rice
Thailand 5% rice is indicated at around $360 - $370 per ton, about $15 per ton premium on Vietnam 5% rice shown at around $345 - $355 per ton. India 5% rice is indicated at around $360 - $370 per ton, about $15 per ton premium on Pakistan 5% rice shown at around $345 - $355 per ton.
25% Broken Rice
Thailand 25% rice is indicated at around $345 - $355per ton, about $15 per ton premium on Vietnam 25% rice shown at around $330- $340 per ton. India 25% rice is indicated at around $325 - $335 per ton, about $15 per ton premium on Pakistan 25% rice shown at around $310 - $320 per ton.
Parboiled Rice           
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is indicated at around $350 - $360 per ton, about $55 per ton discount to Pakistan parboiled rice last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $325 - $335 per ton, about $5 per ton premium on Vietnam 100% broken rice shown at around $320 - $330 per ton. India's 100% broken rice is shown at around $260 - $270 per ton, about $25 per ton discount to Pakistan broken sortexed rice shown at around $285 - $295 per ton.

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