03/10/2016
Farm Bureau Market Report
Rice
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Low
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Long Grain Cash Bids
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Long Grain New Crop
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Rice Comment
Rice futures
continued lower today, despite weekly exports that were a marketing year high.
Sales last week were 145,800 metric tons, with Japan and Venezuela the top
buyers. However, this week’s WASDE report
lowered US exports by another 2 million cwt, bringing the estimate to an even
100 million cwt. That left carry out up 2 million cwt at 43.9 million cwt.
Global rice supplies for 15/16 were raised 1.8 million tons due to increased
production.
Drought to
damage almost half a million rice fields in central Thailand
Drought to damage almost half a
million rice fields in Central Plain
BANGKOK: — Drought which is
affecting several parts of Thailand will ruin almost half a million rai of rice
fields in the central region.
This was disclosed by Agriculture and Cooperatives Minister
General Chatchai Sarikulya at a meeting yesterday to discuss the drought
situation. Gen Chatchai said rice fields
likely to be affected by the water shortage are those grown off-season, while
farmers who grew their seasonal crops won’t be affected as they were all
harvested.They are rice fields grown along the Chao Phraya river in the Central
region, and more than 400,000 rai are expected to be damaged by drought.According
to the minister, off-season rice covered a total of 3.05 million rai along the
Chao Phraya River, 1.98 million rai of which was grown within the irrigation
zone and the remaining planted outside the zone.
Rice harvest is finished only for 940,000 rai of off-season rice
fields,he said.He said he has ordered the deputy permanent secretary for
Agriculture and Cooperatives to work out long term water use and farming areas
in all provinces by this month.
Source: http://englishnews.thaipbs.or.th/content/154436
Japan says El Nino weakens, to return to normal weather in summer
TOKYO
Japan's weather bureau said on Thursday the El Nino
weather pattern, which is often linked to heavy rainfall and droughts, was
expected to continue weakening and that there was a high possibility the
weather would return to normal by summer.The Japan Meteorological Agency
projected a similar forecast last month.El Nino - a warming of sea-surface
temperatures in the Pacific - can trigger drought in Southeast Asia and
Australia and floods in South America, hitting production of key foods such as
rice, wheat and sugar.
(Reporting
by Osamu Tsukimori; Editing by Chang-Ran Kim)
http://www.reuters.com/article/us-weather-elnino-japan-idUSKCN0WC0FK
Commerce
minister puts rice ball in Hun Sen’s court
Commerce
Minister Sun Chanthol speaks at a private sector development forum in Phnom
Penh last year. Photo supplied
Commerce
Minister Sun Chanthol has forwarded a report on urgent actions required to
address the rice sector’s woes to Prime Minister Hun Sen, suggesting a limit on
rice imported and making available cheap capital to distressed millers.The
report, which was submitted yesterday, picks up four urgent measures from a
nine-point action plan sent to Chanthol by a group of millers and exporters,
whose initiative is called CRISIS (Cambodian Rice Industry Survival
Implementation Strategy).The suggestions in Chanthol’s report mirror those made
by the CRISIS group on Monday and include a 100,000 tonne a year restriction on
imports of milled rice from the Kingdom’s neighbouring countries, which the
group says is not a violation of any World Trade Organisation regulations.
The
report also suggests increased monitoring of rice imports at border entry
points and imposition of punitive action on millers found guilty of mixing
local and imported rice for export.To tackle the sector’s financial problems,
the report asks that the government facilitate access to $250 million in loans
at a lower rate of 4 per cent, lowering electricity prices for millers to 400
riel per kilowatt hour, and negotiating access to the Laem Chabang port in
Thailand to reduce logistics costs.The high costs of loans – 8 to 10 per cent
at commercial banks and between 20 to 30 per cent with microfinance lenders –
has lead to nearly 40 per cent of millers going bankrupt in the last three
years, the report states.
CRISIS
member and CEO of Battambang-based rice miller Brico Kann Kunthy said the group
was consulted before the minister decided to send only four of the nine
suggestions made, which he said were a top priority.“We had to select the
urgently required measures of the nine important actions we submitted to the
minister,” he said. “We hope to get positive results on at least some of the
four points.”Kunthy said CRISIS would work with the Cambodia Rice Federation’s
(CRF) proposed committee to find solutions for the rice sector’s problems,
despite the CRF proposing only two suggested actions at a press conference it
held on Wednesday.“Even though our issues are different from the ones they
submitted, it is still a push to get action from the government”, he said.“We
have to deal with the short-term challenges first, but the CRF always focuses
on long-term plans,” he said.
In
response to criticism of its handling on the rice sector, the CRF proposed that
rice importers should have a licence and facilitation for a loan package from
the Rural Development Bank for $20 to $30 million.This followed a meeting of
CRISIS and Chanthol last week, where the group not only highlighted the
problems in the sector, but were also critical of the functioning of the CRF,
calling for structural and electoral reforms before elections are held in May
for the next mandate.
CRISIS, which started in February
and initially called itself RISKS (Rice Industry Strategic
Key Solutions), has increased its members from 18 last week to 24 this week,
with members coming from the rice producing provinces of Battambang, Pursat,
Banteay Meanchey and Prey Veng.
Contact
author: Cheng Sokhorng
http://www.phnompenhpost.com/business/commerce-minister-puts-rice-ball-hun-sens-court
Global rice
trade is projected to decline in 2016
3/10/2016 - by World Grain Staff
WASHINGTON, D.C., U.S.— Global trade in rice is expected to
decline for the second consecutive year in 2016, reflecting reduced exports
from India, Australia, Cambodia, and the U.S., and softening demand,
particularly in Sub-Saharan Africa, the U.S. Department of Agriculture’s (USDA)
Economic Research Service said in a February 2016 report.Reduced imports by
Nigeria — the world’s second-largest rice import market — account for the
largest share of the decline in global rice trade. Imports by Nigeria are
expected to fall 17% in 2016, the result of a recent increase in import
tariffs, declining oil revenues, and foreign exchange restrictions. Cote
d’Ivoire, Cuba, the E.U., Nepal, and Sri Lanka are also expected to reduce rice
imports this year.
The decline in global trade comes despite further growth in demand
by China, the world’s largest rice importing country, as well as expanded
imports by the Middle East and Indonesia. Rice imports by China have been at
record high levels since 2012 and are expected to grow 4% in 2016, reflecting
prices that are lower in the global market than the domestic market,
stock-building efforts by the government, and quality concerns regarding
domestic rice
http://www.world-grain.com/articles/news_home/World_Grain_News/2016/03/Global_rice_trade_is_projected.aspx?ID=%7B7DA785FD-1A09-4448-80E9-530291E81CCB%7D&cck=1
Local
technologies enhance rice drying, milling
March 10, 2016
Two locally-developed technologies
that aims to address the most common post-harvest problems of Filipino rice
farmers are now being commercialized by the Philippine Center for
Postharvest Development and Mechanization (PhilMech).PhilMech Executive
Director Rex Bingabing said the two technologies – the fluidized bed
dryer and brown rice huller — will be very beneficial to local farmers.
“The moment local companies begin fabricating the two
technologies, farmers and millers can to efficiently dry and mill rice,”
Bingabing said.The fluidized bed drying system was built to accommodate large
volumes of high-moisture paddy rice for drying during the rainy months, when
drying under the sun is not possible.The technology allows hot air or gas flow
to pass through wet paddy rice for a short duration which results to
fluidization on the drying bed, eliminating grain clumping and results to
uniform efficient drying.
PhilMech field tests show that the optimal drying time for palay
with 24 percent moisture content to 14 percent final moisture content using the
fluidized bed dryer can be attained in about three hours, compared to the eight
to 12 hours required in conventional mechanical drying.“With the fluidized bed
dryer, drying time is significantly reduced by 52 percent and consequently the
drying cost is likewise lessened,” Bingabing explained.Powered by a biomass
furnace that uses rice hull as energy source the machine that has a capacity to
dry 500 kilograms (kg) per hour of wet paddy rice at a cost of P0.63 per
kilogram.
”In addition there is no risk in overheating the grains since
drying temperature can be preset. Because of this, the quality of grains dried
using the fluidized bed drier is better compared to conventional mechanical driers,”
Bingabing said.The dryer is fully automated, requires low energy, and made of
locally available materials.The second technology — the brown rice huller — was
developed to address the milling needs of farmers’ and retailers’ as a response
to growing demand from consumers.
http://www.mb.com.ph/local-technologies-enhance-rice-drying-milling/#2H41ZhtqzAsu71sX.99
Scientists attribute rising
methane levels to agriculture
Friday, 11 March, 2016 - 07:45
A breakthrough in understanding
about the causes of climate change has today been published online in the
prestigious international journal Science.The findings of a study initiated by
NIWA scientists, rule out fossil fuel production as the major cause in the rise
of methane levels in the atmosphere since 2007.The research, led by NIWA
atmospheric scientist Hinrich Schaefer, has concluded that increasing levels of
methane in the atmosphere since 2007 are most likely due to agricultural
practices, and not fossil fuel production as previously thought.Methane is a
greenhouse gas and one of the major contributors to climate change. The amount
of methane in the earth’s atmosphere is estimated to have increased by about
150 per cent since 1750.
NIWA scientists first noticed
trends occurring in the data collected at NIWA’s clean air monitoring stations
at Baring Head in Wellington and Arrival Heights in Antarctica.
With only Southern Hemisphere
data to go on, the scientists began to collaborate with the University of
Colorado in the US, and Heidelberg University in Germany whose scientists were
taking similar measurements in a number of locations across the world.
"We wanted to put all the
data together, then calculate the global average for each year and look at how
that has changed over time," Dr Schaefer said.
Between 1999 and 2006 scientists
observed a plateau in the amount of methane in the atmosphere. The amount had
been steadily increasing since pre-industrial times but then levelled out for
about seven years. After 2006 it began to rise again and continues to do so.
Dr Schaefer said there were three
broad questions the scientists sought to answer:
- Were there methane sources that
diminished when the plateau began in 1999?
- What were they?
- What has been driving the
renewed growth since 2006?
"We found we could
distinguish three different types of methane emissions. One is the burning of
organic material, such as forest fires. Another is fossil fuel production - the
same processes that form natural oil and gas - and the third is formed by
microbes which come from a variety of sources such as wetlands, rice paddies
and livestock."
Around the time the plateau in
methane emissions occurred, economic collapse in the Soviet Union caused oil
production to decline dramatically - a factor that could now be detected in
atmospheric analysis but is of no great surprise to the scientists.
However, analysis since 2006
rules out fossil fuel production as the source of methane increasing again.
"That was a real surprise, because
at that time the US started fracking and we also know that the economy in Asia
picked up again, and coal mining increased. However, that is not reflected in
the atmosphere," Dr Schaefer said.
"Our data indicate that the
source of the increase was methane produced by bacteria, of which the most
likely sources are natural, such as wetlands or agricultural, for example from
rice paddies or livestock."
Previously published studies had
determined that the methane originated from an area that includes South East
Asia, China and India - regions that are dominated by rice production and
agriculture.
"From that analysis we think
the most likely source is agriculture."
"If we want to mitigate
climate change, methane is an important gas to deal with. If we want to reduce
methane levels this research shows us that the big process we have to look at
is agriculture.
"The good news is that if
the source was wetlands, we couldn’t do anything about it. But there is ongoing
research that is looking at reducing methane production in agricultural
practices."
There is also another important
consideration in the mix. Naturally produced methane sources are particularly
sensitive to changes in climate and Dr Schaefer says wetlands produce more
methane if there is more rain and if it is warmer. Thawing permafrost produces
methane and methane is also found in ice-like structures in ocean sediments.
"Which means that global
warming could result in more methane being produced from these natural sources.
You could have a situation where humans are causing global warming which causes
natural methane sources to emit more methane, contributing to further warming.
"We don’t see that, not yet.
Our findings at least give us an angle to tackle the problem."
However, Dr Schaefer stressed it
would be wrong to conclude that the study gives fossil fuel a clean bill.
"If fossil fuel production
picks up again that may change the situation dramatically."
To read the paper see:
www.sciencemag.org
http://www.voxy.co.nz/national/5/246059
U.S. rice exports fall too short
When Japan's
year began last April 1, MAFF allocated approximately 100,000 metric tons (MT)
of rice to the SBS system. SBS is designed in theory to provide importers and
foreign suppliers direct access to consumers versus rice imported under the
ordinary minimum access tenders which initially end up in government
warehouses.
By Michael Klein
USA Rice Federation
USA Rice Federation
Posted Mar. 10, 2016 at 12:49 PM
ARLINGTON, Virginia
As Japan's fiscal year sets to close at the end of
this month, the Japanese Ministry of Agriculture, Forestry, and Fisheries
(MAFF) will once again increase the amount of rice imported under the so-called
ordinary minimum access tenders because of very poor performance under the
Simultaneous-Buy-Sell, or SBS, System.When Japan's year began last April 1,
MAFF allocated approximately 100,000 metric tons (MT) of rice to the SBS
system. SBS is designed in theory to provide importers and foreign suppliers
direct access to consumers versus rice imported under the ordinary minimu
New
Conservation Stewardship Program Finalized
WASHINGTON, DC -- Earlier today,
the U.S. Department of Agriculture's Natural Resources Conservation Service
(NRCS) published its final Conservation Stewardship Program (CSP) rule in the
Federal Register.The CSP was updated following the guidelines set by Congress
in the 2014 Farm Bill and after reviewing nearly 500 comments on the Interim
Rule, the agency is finally ready to put the new rule into effect.
CSP is known as the USDA's largest
conservation program by acreage. Since its inception in the 2008 Farm
Bill it has provided financial assistance on more than 70 million acres of
working lands. The program has been utilized by U.S. rice farmers since
it was first introduced and provides a number of enhancements that work
particularly well on rice-growing operations.USA Rice submitted comments to
NRCS regarding the Interim Rule asking for payment equity for using existing
versus new conservation practices and more transparency in the ranking process
for CSP applications. The final rule did this by removing the
much-criticized and complex Conservation Measurement Tool and using a public
set of ranking criteria similar to the process used by EQIP.
Jeff Durand, Louisiana rice farmer
and co-chair of the USA Rice Ducks Unlimited Stewardship Partnership, shared
his thoughts, "Conservation definitely comes at a cost but CSP gives us as
rice farmers the opportunity to cost-share some of the expenses for
implementation and maintenance of enhancements and practices that keep our
industry sustainable."Durand added, "Earlier this year, USA Rice and
Ducks Unlimited put together the Rice Growers' Conservation Handbook that
outlines the CSP and EQIP practices that are most commonly used by rice farmers
and provides some additional background information on the programs.
"Last month, USDA Secretary
Tom Vilsack announced $150 million available to enroll 10 million new acres in
CSP for Fiscal Year 2016. Applications are due to local NRCS offices by March
31. Vilsack said of the CSP, "[It is one of the most] popular
programs with producers because it results in real change on the ground by
boosting soil and air quality, conserving clean water, and enhancing wildlife
habitat."The Stewardship Partnership's Sustaining the Future of
Rice project through the Regional Conservation Partnership Program
will also offer the opportunity for rice farmers to sign-up for CSP later this
year in all six rice-growing states.
In Memory: Penn Owen
USA Rice was saddened to learn of
the passing of Penn Owen, a longtime Mississippi rice leader. Owen was
born on August 4, 1935 in Memphis, TN, and graduated from Vanderbilt
University. He is survived by his wife, Norma, their three children, and
seven grandchildren.Owen began his professional career at Union Planters
National Bank in Memphis, but spent most of his life directing his family's
farming operations in Tunica, MS. In addition to his work promoting the
Delta region, Owen served on the USA Rice Council Board of Directors and on the
International Promotion and Domestic Policy Committees."Penn was a
visionary who helped shape the modern U.S. rice industry and was instrumental
in Rice Council efforts promoting U.S. rice here and around the world,"
said USA Rice President & CEO Betsy Ward. "He will be remembered
for his commitment to rice farmers and for advocating so effectively on their
behalf in Washington."
A
private graveside service will be held at Epiphany Episcopal Church in Tunica.
Friends are invited to a reception from 1 to 4 p.m. March 19 at
Memphis Hunt & Polo Club, 650 S Shady Grove Road, Memphis, TN 38120.USA
Rice extends heartfelt condolences to the family and friends of Penn Owen.
Rice Prices
as on : 10-03-2016 08:10:35 PM
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Arrivals in tonnes;prices in
Rs/quintal in domestic market.
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Arrivals
|
Price
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|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Gadarpur(Utr)
|
3009.00
|
63.62
|
75710.00
|
2100
|
2120
|
14.13
|
|
Siliguri(WB)
|
460.00
|
15
|
1962.00
|
2600
|
2600
|
-
|
|
Samsi(WB)
|
300.00
|
500
|
15260.00
|
2800
|
2900
|
-
|
|
Gondal(UP)
|
257.00
|
42.78
|
10324.10
|
2050
|
2015
|
0.99
|
|
Sainthia(WB)
|
167.50
|
-4.07
|
342.10
|
1755
|
1850
|
-
|
|
Bahraich(UP)
|
154.00
|
6.21
|
3060.50
|
2075
|
2080
|
NC
|
|
Ballia(UP)
|
150.00
|
25
|
6120.00
|
1975
|
1980
|
NC
|
|
Sitapur(UP)
|
145.00
|
-3.33
|
5336.00
|
2160
|
2160
|
NC
|
|
Pilibhit(UP)
|
140.00
|
42.86
|
16944.00
|
2195
|
2185
|
-6.40
|
|
Birbhum(WB)
|
138.00
|
-2.95
|
1449.20
|
1800
|
1750
|
-8.16
|
|
Shahjahanpur(UP)
|
136.00
|
23.64
|
39669.30
|
2200
|
2210
|
7.06
|
|
Basti(UP)
|
131.00
|
4.8
|
3795.50
|
2060
|
2080
|
5.64
|
|
Bareilly(UP)
|
116.00
|
34.88
|
6122.00
|
2175
|
2175
|
4.82
|
|
Kalipur(WB)
|
105.00
|
16.67
|
3555.00
|
2000
|
2000
|
-4.76
|
|
Aligarh(UP)
|
90.00
|
5.88
|
2060.00
|
2120
|
2150
|
10.99
|
|
Nalbari(ASM)
|
83.00
|
-1.19
|
524.50
|
2000
|
2000
|
NC
|
|
Ghaziabad(UP)
|
80.00
|
33.33
|
1810.00
|
2120
|
2075
|
-0.24
|
|
Thodupuzha(Ker)
|
70.00
|
NC
|
1610.00
|
2650
|
2650
|
8.16
|
|
Mainpuri(UP)
|
70.00
|
-6.67
|
677.00
|
2010
|
2010
|
4.69
|
|
Dhing(ASM)
|
69.00
|
-25
|
2370.20
|
1800
|
1800
|
-16.28
|
|
Coochbehar(WB)
|
65.00
|
0.78
|
785.50
|
2100
|
2100
|
-2.33
|
|
Golaghat(ASM)
|
50.00
|
42.86
|
175.00
|
2400
|
2300
|
-
|
|
Kasimbazar(WB)
|
45.00
|
NC
|
1187.50
|
2320
|
2320
|
-9.02
|
|
Gazipur(UP)
|
43.00
|
16.22
|
1152.00
|
1930
|
1930
|
4.89
|
|
Karimganj(ASM)
|
40.00
|
-50
|
1260.00
|
2200
|
2200
|
-26.67
|
|
Gauripur(ASM)
|
36.00
|
-21.74
|
2114.50
|
4500
|
4500
|
-
|
|
Purulia(WB)
|
36.00
|
20
|
1434.00
|
2200
|
2180
|
-7.56
|
|
Dadri(UP)
|
34.00
|
-2.86
|
1409.00
|
2120
|
2070
|
-0.24
|
|
Lanka(ASM)
|
30.00
|
-25
|
1880.00
|
1750
|
1750
|
-
|
|
Kolhapur(Laxmipuri)(Mah)
|
30.00
|
20
|
1090.00
|
3000
|
3000
|
-
|
|
Jhargram(WB)
|
29.00
|
16
|
237.00
|
2700
|
2700
|
-3.57
|
|
Bindki(UP)
|
27.00
|
-37.21
|
1933.00
|
2265
|
2245
|
9.42
|
|
Kesinga(Ori)
|
25.00
|
-58.33
|
310.00
|
2400
|
2600
|
NC
|
|
Haldibari(WB)
|
25.00
|
-16.67
|
571.50
|
2350
|
2350
|
-11.32
|
|
North Lakhimpur(ASM)
|
24.80
|
31.22
|
1019.20
|
1900
|
1900
|
-
|
|
Ramkrishanpur(Howrah)(WB)
|
23.40
|
-4.88
|
766.60
|
2300
|
2300
|
-11.54
|
|
Mekhliganj(WB)
|
19.50
|
-2.5
|
430.50
|
2050
|
2050
|
-
|
|
Alipurduar(WB)
|
19.00
|
5.56
|
270.00
|
2200
|
2200
|
2.33
|
|
Firozabad(UP)
|
17.00
|
6.25
|
404.00
|
2110
|
2120
|
3.94
|
|
Kasganj(UP)
|
15.00
|
25
|
469.00
|
1920
|
1940
|
-6.34
|
|
Kannauj(UP)
|
15.00
|
7.14
|
235.30
|
2180
|
2190
|
0.46
|
|
Yusufpur(UP)
|
15.00
|
NC
|
432.00
|
1900
|
1890
|
-0.52
|
|
Divai(UP)
|
14.00
|
NC
|
213.00
|
2060
|
2075
|
2.23
|
|
Pukhrayan(UP)
|
14.00
|
-6.67
|
114.50
|
2020
|
2020
|
-8.18
|
|
Champadanga(WB)
|
14.00
|
-6.67
|
556.00
|
2300
|
2300
|
-13.21
|
|
Jahanabad(UP)
|
13.00
|
8.33
|
190.50
|
2220
|
2200
|
12.41
|
|
Dibrugarh(ASM)
|
12.50
|
-37.5
|
802.80
|
2400
|
2400
|
-
|
|
Mirzapur(UP)
|
12.00
|
-7.69
|
1076.00
|
1935
|
1925
|
0.26
|
|
Raiganj(WB)
|
12.00
|
9.09
|
629.00
|
2860
|
2875
|
19.17
|
|
Bampada(Ori)
|
10.00
|
NC
|
130.00
|
2500
|
2500
|
-
|
|
Barikpur(Ori)
|
10.00
|
NC
|
90.00
|
2500
|
2500
|
4.17
|
|
Pundibari(WB)
|
9.50
|
5.56
|
130.00
|
2050
|
2050
|
-3.53
|
|
Deogarh(Ori)
|
9.00
|
NC
|
306.00
|
2500
|
2500
|
NC
|
|
Rampur(UP)
|
9.00
|
-25
|
340.50
|
2215
|
2205
|
8.31
|
|
Bhivandi(Mah)
|
8.00
|
NC
|
216.00
|
3550
|
3570
|
111.31
|
|
Dibiapur(UP)
|
8.00
|
NC
|
85.00
|
2250
|
2260
|
3.21
|
|
Raibareilly(UP)
|
7.50
|
-25
|
231.00
|
2060
|
2070
|
3.00
|
|
Chengannur(Ker)
|
7.00
|
NC
|
389.50
|
2400
|
2500
|
-14.29
|
|
Buland Shahr(UP)
|
7.00
|
NC
|
299.00
|
2040
|
2050
|
0.49
|
|
Muradabad(UP)
|
6.00
|
-25
|
370.50
|
2250
|
2230
|
13.35
|
|
Rura(UP)
|
5.00
|
11.11
|
66.60
|
2200
|
2210
|
4.76
|
|
Islampur(WB)
|
4.00
|
33.33
|
198.40
|
2150
|
2150
|
-
|
|
Imphal(Man)
|
3.30
|
NC
|
137.60
|
2900
|
2900
|
NC
|
|
Aroor(Ker)
|
3.00
|
NC
|
148.70
|
6900
|
6800
|
-25.81
|
|
Karimpur(WB)
|
3.00
|
-70
|
43.00
|
3150
|
3150
|
NC
|
|
Perinthalmanna(Ker)
|
2.90
|
NC
|
59.70
|
2500
|
2500
|
-19.35
|
|
Jeypore(Ori)
|
1.50
|
-40
|
23.90
|
3250
|
1700
|
-12.16
|
|
Bonai(Bonai)(Ori)
|
1.50
|
NC
|
73.10
|
2000
|
2000
|
-9.09
|
|
Sardhana(UP)
|
1.20
|
20
|
56.90
|
2150
|
2150
|
2.87
|
|
Shillong(Meh)
|
1.00
|
42.86
|
37.00
|
3500
|
3500
|
NC
|
http://www.thehindubusinessline.com/economy/agri-business/article8336239.ece
Rice Prices
as on : 11-03-2016 12:56:28 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Gadarpur(Utr)
|
3552.00
|
18.05
|
79262.00
|
2139
|
2100
|
16.25
|
|
Kanpur(Grain)(UP)
|
425.00
|
1.19
|
7490.00
|
2120
|
2140
|
-3.20
|
|
Bazpur(Utr)
|
300.00
|
-75
|
24788.41
|
1200
|
1900
|
-42.83
|
|
Gondal(UP)
|
249.00
|
-3.11
|
10573.10
|
2060
|
2050
|
1.48
|
|
Srirampur(ASM)
|
160.00
|
14.29
|
4005.00
|
2500
|
2950
|
-1.96
|
|
Mathabhanga(WB)
|
120.00
|
NC
|
2900.00
|
1950
|
1950
|
2.63
|
|
Kalipur(WB)
|
110.00
|
4.76
|
3665.00
|
2050
|
2000
|
NC
|
|
Lanka(ASM)
|
40.00
|
33.33
|
1920.00
|
1750
|
1750
|
-
|
|
Jaunpur(UP)
|
35.00
|
-7.89
|
1019.00
|
1960
|
1950
|
0.51
|
|
Udala(Ori)
|
34.00
|
161.54
|
652.00
|
2700
|
2700
|
8.00
|
|
Gazipur(UP)
|
30.00
|
-30.23
|
1182.00
|
1940
|
1930
|
-4.90
|
|
Purulia(WB)
|
30.00
|
-16.67
|
1464.00
|
2200
|
2200
|
-8.33
|
|
Kolhapur(Laxmipuri)(Mah)
|
25.00
|
-16.67
|
1115.00
|
3000
|
3000
|
-
|
|
Jayas(UP)
|
25.00
|
-
|
65.00
|
2025
|
-
|
-
|
|
Diamond Harbour(South 24-pgs)(WB)
|
25.00
|
13.64
|
399.00
|
1850
|
1850
|
-13.95
|
|
Firozabad(UP)
|
18.00
|
5.88
|
422.00
|
2100
|
2110
|
3.45
|
|
Kolaghat(WB)
|
18.00
|
12.5
|
404.00
|
2300
|
2300
|
9.52
|
|
Dibrugarh(ASM)
|
16.00
|
28
|
818.80
|
2400
|
2400
|
-
|
|
Champadanga(WB)
|
16.00
|
14.29
|
572.00
|
2350
|
2300
|
-11.32
|
|
Tamluk (Medinipur E)(WB)
|
16.00
|
-11.11
|
442.00
|
2300
|
2300
|
15.00
|
|
Bijnaur(UP)
|
14.00
|
27.27
|
388.00
|
2210
|
2210
|
-
|
|
Kannauj(UP)
|
13.50
|
-10
|
248.80
|
2180
|
2180
|
0.46
|
|
Mirzapur(UP)
|
13.00
|
8.33
|
1089.00
|
1925
|
1935
|
-0.52
|
|
Deogarh(Ori)
|
9.50
|
5.56
|
315.50
|
2500
|
2500
|
NC
|
|
Raibareilly(UP)
|
8.00
|
6.67
|
239.00
|
2070
|
2060
|
3.50
|
|
Chengannur(Ker)
|
7.00
|
NC
|
396.50
|
2600
|
2400
|
-7.14
|
|
North Lakhimpur(ASM)
|
6.60
|
-73.39
|
1025.80
|
1900
|
1900
|
-
|
|
Perinthalmanna(Ker)
|
2.90
|
NC
|
62.60
|
2500
|
2500
|
-19.35
|
|
Darjeeling(WB)
|
2.50
|
-7.41
|
60.10
|
2800
|
2800
|
3.70
|
|
Bonai(Bonai)(Ori)
|
2.00
|
33.33
|
75.10
|
2000
|
2000
|
-9.09
|
|
Sardhana(UP)
|
1.00
|
-16.67
|
57.90
|
2140
|
2150
|
2.15
|
http://www.thehindubusinessline.com/economy/agri-business/article8341526.ece
Indian artists thrive at Dubai
Global Village
The
Indian pavilion attracts thousands of visitors daily. While the 340 odd stalls
here buzz with activity, these four seasoned artists are winning hearts and
also being rewarded handsomely
Published:
18:05 March 9, 2016
The
mother–son duo have been part of the Global Village for 15 years, impressing
visitors with their masterful henna work. Hailing from the state of Rajasthan,
they are highly proficient in both traditonal Indian as well as Arabic henna
designs.“People here like our work and there’s a strong demand for Indian
designs among the visitors. We have a steady stream of customers daily and they
keep us busy,” says Guddi as she and Bittu adorn the hands of Afghan expat Mora
Akhtar and her mother Ramila with intricate henna motifs.
The
two customers are elated with the result, not least because they have been
given a 50 per cent discount – Dh15 for one side instead of Dh30.“I have a
tough life at home and every dirham I make is important. Every year I take home
at least Dh10,000 at the end of the season after paying for accommodation and
food,” says Guddi.
Karayil
Sadanandan, the caricaturist
Karayil
Sadanandan recently left a job with a publishing firm where he worked as a
cartoonist so he could dedicate more time doing caricatures at the Global
Village. “There is a lot more money here,” he says. “I make around Dh15,000 a
month, something I could never imagine in my previous job.”As we chat, an
Egyptian couple approach him to do their caricature. After both parties settle
for a price of Dh60, Sadanandan picks up the pencil and goes about his craft.
He adds a bit of colour to the image with marker pens. In 10 minutes the
caricature is done. The couple are happy with the outcome and flash a big
smile. “To me their smile is the biggest compliment,” says Sadanandan, who
hails from Kerala.
Jagdish
Lal, the rice grain artist
Having
one’s name etched on a grain of rice brings luck and happiness, says Jagdish
Lal from New Delhi who has come to the Global Village for the 16th time. “This
is like my second home. I work here for nearly six months in a year,” he tells
XPRESS. He shows us a 000-sized brush which he says has been with him for
years. “This is what earns me the bucks.”He picks a long grain of Indian
basmati rice and starts etching a name on it. “I can write up to 26
characters.”
When finished, he puts it inside a glass tube
with oil. The oil helps the grain stay in place while the glass acts like a
magnifying lens, showing the name clearly. “People use this as a key chain or
pendant.” 
He says his earnings at Global Village have helped him fund the
education of his children, adding he takes home at least Dh17,000 every season
(he charges Dh15 a grain.) “In India, I make only half of that or even less in
a year.”
Joby
Chacko, the portrait maker
Joby
Chacko from Kerala makes no bones about how fortunate he is to be showcasing
his art at the Global Village. Coming here for 15 years, Chacko says he get
richer by Dh150,000 at the end of every season.Charging Dh100 for a charcoal
portrait, Joby says he does at least 10 of them in a day. “On weekends, the
number doubles. This year with the rupee devaluating, I will be taking home a
lot more money.”
Gulf news people
Asia Frontier Capital's Travel
Report To Iran
Long only, value, growth at reasonable price, long-term horizon
Iran has two stock exchanges, and over 600
listed shares with a market capitalization of USD 140 billion.The market is
trading at a discount to other frontier/emerging markets.Due to the ongoing
sanctions, US investors are not allowed to invest in Iran directly currently.Dedicated
Iran equity funds (including Asia Frontier Capital) are in the process to be
launched for non-US investors - but not yet launched due to the FX transfer
issues.Short-term alternatives: The french car manufacturer Peugeot.
In line with our process of being on the ground
in the countries we invest in, Thomas Hugger (CEO and Fund Manager the AFC Asia
Frontier Fund), traveled to Iran to attend a conference in Tehran.
Having
waited anxiously for three hours at the Dubai Airport for the final leg of my
journey to Iran, I was eager to board the Emirates B-777 flight to Tehran.
Espen, an investor in our AFC funds, wrote a report of his trip to Iran for ourJuly
2015 AFC newsletter and
had compared what he saw with the popular movie "Argo". I was looking
forward to forming my own impressions of the Islamic Republic of Iran, a
country rich in history, crippled by economic isolation, and now attracting the
interest of foreign investors in the wake of sanctions relief.
The
flight seemed no different from other routes arriving and departing from Dubai,
though there was a noticeably large representation of women, the majority of
whom were not wearing hijabs or headscarves. I was one of the few Westerners on
board. The plane was nearly at full capacity, and I saw Russians, Italians,
Chinese, Koreans, and another Swiss compatriot, but no Americans or British.
After tasting my first delicious Persian meal (and sipping my last beer for a
while), we began our descent from the 1 hour 40 minute flight, and to my
surprise, there was no change in appearance of my fellow female passengers.
Even after touching down at the huge Tehran International Airport, there was
still no change.
We arrived at the small international terminal
building, and only when the airplane door opened did the women suddenly down
their colorful headscarves. Many of the women barely covered half of their
heads! I knew this trip was going to be very different from my previous travels
to conservative Middle Eastern countries.
