22 march 2016
Philippines expects to miss Q1 rice, corn output
forecasts
Reuters
Posted at 03/22/16
12:11 PM
MANILA
- The Philippines' rice and corn harvests in the first quarter are expected to
be below its forecasts due to insufficient water supply and intense heat brought
about by the El Nino weather phenomenon, the government said on Tuesday.
Unmilled
rice output in the March quarter is estimated at 4.07 million tonnes, 1.9
percent below a previous forecast of 4.15 million tonnes, the Philippine
Statistics Authority (PSA) said in a report, citing a survey of standing crops
as of February 1. That would be 6.8 percent lower than the volume in the same
period last year.
Corn
output in the first quarter is estimated at 2.11 million tonnes, 4.8 percent
lower than a previous forecast and down 11 percent versus the year-ago harvest,
the PSA said.
The
Philippines, one of the world's top rice importers, has decided to delay its
planned additional rice purchases for this year's requirements, citing adequate
local supply
http://news.abs-cbn.com/business/03/22/16/philippines-expects-to-miss-q1-rice-corn-output-forecasts
Rice prices in Davao del Sur rise due to El Niɦo
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http://newsinfo.inquirer.net/775594/rice-prices-in-davao-del-sur-rise-due-to-el-ni%C9%A6o
Again, Nigeria
bans rice importation through land borders
Comptoller-General
of Nigeria Customs Service, Hamid Ali, addressing the agency's personnel
RELATED NEWS
Nigeria
Customs Service on Tuesday announced the re-introduction of ban on importation
of rice through land borders across the country.
The
Comptroller-General of Customs, Hameed Ali, said the presidency had given
approval for the reversal of an earlier policy in October 2015 which allowed
rice imports through land borders, once appropriate duty and charges were paid.
Mr. Ali,
who made the announcement at a review meeting with Comptrollers of Border
Commands and Federal Operation Units in Abuja, said the Service had observed
that dwindling revenue from rice imports through the land borders hardly
matched the volume of rice arriving in neighbouring ports.
He said
reports from border commands indicated an upsurge in rice smuggling, adding
that implementation of the restriction order had already taken off smoothly
since October 2015, with a high level of compliance.
The
Comptroller noted, however, that revenue began to dwindle from January 2016,
with importers blaming access to foreign exchange their as major impediments.
During the
five-month period October 2015 and March 17, 2016 when the importation was
allowed, he said a total of 24.992 metric tonnes of rice valued at N2.34
billion were imported through the land borders.
The total
revenue generated for the period stood at about N1.69 billion, considered lower
than the projected revenue to be generated with the removal of import
restrictions.
He said an
upsurge in the number of the seizures has been reported across the land borders
since January 2016, with about 9,238 bags of rice seized within the first two
months of the year, with about N64.67 million as duty paid value received by
the Customs anti-smuggling patrol teams of Federal operations and Border
commands.
Although the Comptroller-General of Customs said his
officials cannot be totally exonerated from the abuses associated with the
implementation of the order on rice, he disclosed that his office has been
inundated with reports of collusion between them and some rice importers.
Consequently, he directed full investigation into the
reports, assuring that all indicted personnel would be sanctioned.
“I have directed a zero-tolerance to rice imports through the
land borders irrespective of volume with immediate effect. Importers who have
already initiated import processes will have a grace period ending Friday March
25, 2016 to clear their consignments,” the Comptroller-General declared.
Q1 rice output to decline by 6.8%
·
Business
0 86
By Mary
Grace Padin
The country’s
paddy-rice production may decline by 6.8 percent, to 4.07 million metric tons
(MMT) in the first quarter, from 4.37 MMT recorded in the same period last year
according to the latest report from the Philippine Statistics Authority (PSA).
The PSA said the
projected decrease in production could be due to insufficient water supply and
intense heat brought about by the dry spell.
Also, the agency
said Typhoon Nona (international code name Melor), which devastated the country
last December, caused harvest areas in Cagayan to contract and yield to go down
in Aurora.
“Infestation of
rats, black bugs, birds and stemborers may cause production to decline in North
Cotabato, South Cotabato, Sultan Kudarat, Bohol, Cavite and Leyte,” the PSA
report read.
Harvest area for
palay crop during the period may contract by 0.3 percent to 1.09 million
hectares, from 1.1 million hectares.
Average yield is
seen to drop by 1.6 percent to 3.71 metric tons (MT) per hectare, from 3.77 MT
per hectare.
“Around 235,000
hectares of the updated standing crop have been harvested. About 670,000 hectares,
or 72.6 percent, of the planting intentions for the April to June 2016 harvests
have been realized,” the report read.
The PSA added that
updated standing paddy-rice crop was recorded at 1.53 million hectares, with
42.2 percent at the vegetative stage, 36 percent at reproductive stage and 21.8
percent at maturing stage.
Meanwhile, PSA data
showed that the country’s corn production in the first quarter may reach 2.11
MMT, 11 percent lower than the 2015 level of 2.37 MMT.
The agency said the
projected decline in corn output is due to insufficient water supply. Also, the
PSA said the infestation of rats may contribute to lower output in North
Cotabato and Sultan Kudarat.
“Insufficient
fertilizer application in Tarlac and the adverse effects of Nona in Isabela may
cause production to drop,” the PSA added.
Harvest area for
corn crops in the Philippines is projected to contract by 1.8 percent to
673,000 hectares, from 685,100 hectares. Yield per hectare may drop to 3.13 MT
per hectare, from 3.23 MT.
According to PSA
data, about 180,000 hectares of updated standing crop have already been
harvested. Around 206,000 hectares, or 57.2 percent, of the planting intentions
for the second quarter of the year have already been planted.
“Of the updated
standing corn crop, about 29.9 percent were at vegetative stage; 39.9 percent,
at reproductive stage; and 30.2 percent, at maturing stage,” the report read.
http://www.businessmirror.com.ph/q1-rice-output-to-decline-by-6-8/
Thailand To Export More Rice To China
NONTHABURI
(Thailand), March 22 (Bernama) — The Thai government, through the Ministry of
Commerce, plans to export additional one million tonnes of Thai rice to China
under another government-to-government (G-to-G) deal, reports Thai News Agency
(TNA).
Duangporn
Rodphaya, Director-General of the ministry’s Department of Foreign Trade, told
journalists on Monday that a negotiation with the Chinese government on the
matter will be held early next month.
Duangporn
said Beijing has earlier bought one million tonnes of Thai rice with the last
shipment, amounting to 130,000 tonnes, scheduled to be delivered in May 2016.
Currently
the Thai government sells Thai rice under the G-to-G basis to China, Indonesia
and the Philippines only.
According
to the senior official, her ministry, however, planned to sell Thai rice to
several other markets namely Hong Kong, Singapore, Iraq, Iran, the Philippines,
Africa and the US, in order to meet a target of 9.5 million tonnes of rice
exports this year.
The
senior official said that Thailand has exported 2.3 million tonnes of rice,
worth about 37.33 billion baht, since the beginning of this year until March
17, up 28 and 24 per cent respectively year-on-year.
However,
she acknowledged that the relevant authorities planned to launch a rice auction
plus donation to reduce a remaining stockpile of some 12 million tonnes of rice
at the government’s warehouses, with interested agencies having to apply within
next month.
–
BERNAMA
Vietnam to cut 270,000ha of rice-growing land by 2020
TUOI TRE NEWS
UPDATED : 03/22/2016 20:02 GMT + 7
PrevNext
A
recent report by the National Assembly economic committee addressed the
government’s aim to reduce land used for growing rice in Vietnam over the next
five years.
The plan is mentioned
in the evaluation report on the national scheme to adjust land use planning by
2020 and the last five-year plan for land use (2016-2020).
The reduction was
proposed by the Vietnamese government and approved by the assembly’s Committee
for Economic Affairs.
Presenting the
evaluation report, Nguyen Van Giau, chairman of the committee, said the
government recommended that by 2020 there should be 3.76 million hectares of
land used for growing rice, a 270,000ha reduction from 2015.
The government also
plans to reserve 400,000ha of land for growing other crops but which must be
ready to switch back to rice as required.
The committee ratified
the plan, giving the reason that rice supply in the country has become
abundant, while traditional foreign importers of Vietnam’s rice have achieved
autonomy in domestic food production.
The committee also
named drought, soil salinization, flooding, and land degradation as the reasons
for the cut, given that they are unfavorable conditions for the growth of rice.
The unused land should
be leveraged to build new infrastructures, industries, and cities, as well as
growing other crops, the government proposed.
Giau added that
advanced agricultural technology would be implemented on the remaining area of
rice-growing land, which is expected to significantly boost rice production to
around 42 million metric tons per year.
With such a production
rate, Giau said, Vietnam would maintain food security for the present, as well
as in the future when the country’s population reaches and stabilizes at 120
million.
Vietnam now has a
population of around 90 million.
Earlier, Vietnamese
Minister of Natural Resources and Environment Nguyen Minh Quang presented a
governmental report, which looked to reserve 11,000ha of land for building 96
golf courses across the country, which is a part of the national plan to put
aside 46,800ha of land for sports facilities.
“These golf courses are
mainly built on lands that are of bad quality, sandy, or unused,” Quang said,
adding that such facilities would not occupy lands used for growing rice or
other special purposes.
The government
suggested a cut in national defense and public security land as well, after
re-evaluating their practical demand.
http://tuoitrenews.vn/society/33869/vietnam-to-cut-270000ha-of-ricegrowing-land-by-2020
Paddy
farmers concerned over leaf folder attack
·
STAFF REPORTER
Paddy attacked by leaf folder pest at Nannambra, near
Tirurangadi.
The recent increase in atmospheric temperature has brought in
leaf folder pests to paddy fields in the district at an unexpected time.
Farmers have begun to worry about major crop loss because the
pest attack has taken place soon after panicle initiation.
Although leaf folder pest is usual in paddy, the attack after
panicle initiation is rare and more worrying for farmers.
“We are usually not worried about this pest. But the attack
after panicle initiation gives us little choice against the pest,” said A.K.
Marakkarutty, a young farmer who has paddy in 20 acres near Tirurangadi.
Mr. Marakkarutty said he was wary of using any pesticide at this
stage.
“I wouldn’t mind using pesticide if it is in the initial stage
of the paddy. Once the panicle initiation takes place, application of pesticide
can be dangerous. I’m sure it will affect the rice,” he said.
Other farmers of Kundoor and Cherumukku areas too echoed similar
concern.
“Unlike other areas of Malappuram district, we begin our paddy
farming a little late because of water logging. This year, we started in
January only. So the pest attack has come at a wrong time,” they said.
The agricultural officials, however, have a different view to
the crisis. According to them, there was nothing to worry. The leaf folder
attack may affect 25 per cent, but it can be controlled by harmless pesticides,
they said.
K. Divya, agricultural officer at Nannambra, said that the
sudden increase in heat and increased application of nitrogen fertilization had
caused the leaf folder attack. She said it could well be controlled by applying
a pesticide called Fame.
“It is relatively a safe pesticide. Its toxicity will not last
more than a week,” Ms. Divya said.
However, the officials are yet to succeed in addressing the
concerns of a large number of paddy farmers this summer.
http://www.thehindu.com/news/national/kerala/paddy-farmers-concerned-over-leaf-folder-attack/article8383428.ece?textsize=small&test=2
Boro acreage
falls on low paddy prices
As of March 15, farmers have planted seedlings of boro rice on
46.60 lakh hectares of land, according to data posted on the website of the
agriculture ministry.
A senior official of the Department of Agricultural Extension
(DAE) said acreage may increase slightly in the final calculation but the total
area is unlikely to match last season's 48.40 lakh hectares.
The total acreage is expected to be about 47 lakh hectares this
season, which is the lowest since fiscal 2008-09.
But total production is unlikely to decline due to enhanced crop
management this season, he said.
The DAE has targeted production of 1.90 crore tonnes of rice
during the boro season, which is more than half of the annual rice production.
The official has linked the reduction in acreage to the shift of
farmers to other crops that offer better prices. The farmers are mainly of
Jessore, Kushtia and Rajshahi.
ADVERTISEMENT
“Farmers are not getting profitable prices
for paddy. This is the main factor.”
This is the second rice season this fiscal
year in which the acreage declined.
Earlier, aus acreage had dropped due to a
shift to summer vegetables by a section of farmers on profitability grounds,
according to the Food Planning and Monitoring Unit of the food ministry.
Farmers have failed to recover the cost of
production owing to low prices of paddy after the harvest of aman crop, said KM
Layek Ali, general secretary of the Bangladesh Auto, Major and Husking Mills
Association.
The average cost of production of a maund
of paddy is about Tk 600.
The price of medium-quality paddy, like
Swarna, which went up as high as Tk 680 per maund at the beginning of aman
harvest in November, declined to as low as Tk 550-Tk 560 per maund at
growers' level.
“Many farmers have grown wheat, potato and
maize instead of boro. Some are going for jute cultivation after harvesting
wheat as the natural fibre cultivation promises better prices than rice.”
The prices of paddy have been depressed
for a year and a half now, said Sudhir Chandra Nath, programme head of Brac
Seed and Agro Enterprise.
“The prices are not profitable for
farmers,” he said, adding that a portion of the high lands, which are used for
rice cultivation when the prices remain higher, are now being used for maize
and potato cultivation.
The low prices of paddy have also affected
sales of hybrid rice seeds this cultivation season, Nath said.
The total sales of hybrid rice seeds may
drop to 6,000-6,500 tonnes in the current season, down from 7,500-8,000 tonnes
a year earlier.
“It means hybrid rice coverage has fallen
during the boro season.
Rice Prices
as
on : 23-03-2016 08:10:26 PM
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Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
|
Price
|
|||||
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
Rice
|
||||||
Bazpur(Utr)
|
3000.00
|
2400
|
27908.41
|
1900
|
1525
|
NC
|
Bangalore(Kar)
|
1517.00
|
-28.95
|
98640.00
|
4000
|
4100
|
-5.88
|
Manjeri(Ker)
|
290.00
|
NC
|
7540.00
|
2900
|
2900
|
-12.12
|
Bangarpet(Kar)
|
211.00
|
-14.57
|
5425.00
|
1860
|
1680
|
0.54
|
Sainthia(WB)
|
167.10
|
-1.71
|
679.20
|
1755
|
1750
|
-
|
Srirampur(ASM)
|
160.00
|
-15.79
|
4355.00
|
2600
|
2500
|
1.96
|
Birbhum(WB)
|
142.80
|
0.56
|
1734.00
|
1780
|
1780
|
-9.64
|
Srirangapattana(Kar)
|
84.00
|
-22.22
|
192.00
|
2058
|
1740
|
-
|
Samsi(WB)
|
50.00
|
NC
|
15360.00
|
2800
|
2800
|
-
|
Gangavathi(Kar)
|
47.00
|
17.5
|
303.00
|
2451
|
1700
|
-
|
Nadia(WB)
|
40.00
|
-20
|
1090.00
|
3250
|
3250
|
4.84
|
Kolhapur(Laxmipuri)(Mah)
|
30.00
|
20
|
1230.00
|
3100
|
3100
|
-
|
Chickkaballapura(Kar)
|
21.00
|
-
|
21.00
|
2080
|
-
|
-
|
Kollegal(Kar)
|
21.00
|
-
|
21.00
|
4500
|
-
|
-
|
Diamond
Harbour(South 24-pgs)(WB)
|
21.00
|
-19.23
|
519.00
|
1850
|
1850
|
-17.78
|
North
Lakhimpur(ASM)
|
17.90
|
49.17
|
1129.90
|
1900
|
1900
|
-
|
Udala(Ori)
|
17.00
|
-50
|
703.00
|
2800
|
2700
|
12.00
|
Giridih(Jha)
|
15.37
|
-1.91
|
172.18
|
3540
|
3540
|
1.14
|
Dibrugarh(ASM)
|
13.00
|
NC
|
888.80
|
2400
|
2400
|
-
|
Raiganj(WB)
|
13.00
|
-7.14
|
668.00
|
2750
|
2850
|
12.24
|
Simdega(Jha)
|
10.00
|
-16.67
|
44.00
|
2100
|
2100
|
NC
|
Chengannur(Ker)
|
7.00
|
40
|
12.00
|
3200
|
3000
|
-
|
Bhivandi(Mah)
|
7.00
|
-12.5
|
253.00
|
2540
|
3590
|
63.87
|
Baruipur(Canning)(WB)
|
6.50
|
8.33
|
12.50
|
2600
|
2500
|
-
|
Silapathar(ASM)
|
5.90
|
11.32
|
471.40
|
3000
|
3000
|
NC
|
K.R.Nagar(Kar)
|
4.00
|
-
|
4.00
|
1800
|
-
|
-
|
Alibagh(Mah)
|
3.00
|
NC
|
90.00
|
4000
|
4000
|
150.00
|
Perinthalmanna(Ker)
|
2.90
|
NC
|
65.50
|
2500
|
2500
|
-19.35
|
Islampur(WB)
|
2.80
|
-9.68
|
220.90
|
2150
|
2150
|
-
|
Balarampur(WB)
|
2.10
|
-8.7
|
45.70
|
2130
|
2140
|
-10.50
|
Bonai(Bonai)(Ori)
|
2.00
|
NC
|
83.10
|
2000
|
2000
|
-9.09
|
Melaghar(Tri)
|
2.00
|
NC
|
90.80
|
2250
|
2350
|
-4.26
|
Kolar(Kar)
|
1.00
|
-
|
45.00
|
4500
|
-
|
-
|
Chalisgaon(Mah)
|
1.00
|
-
|
1.00
|
1250
|
-
|
-
|
Sahebganj(Jha)
|
0.80
|
-
|
2.00
|
3000
|
-
|
7.14
|
http://www.thehindubusinessline.com/economy/agri-business/article8389223.ece
23 March 2016 wendnesday
Drought
delays rice farming as Mekong waters drop
0
2016-03-24
10:17CCTVEditor:
Feng Shuang
Vietnamese officials have asked farmers to postpone sowing their rice crop till
mid-May as the country struggles against the worst drought in recent memory.
The worst affected area is the Mekong delta in Southern Vietnam that produces
90 percent of the country's rice. Rather than bringing much needed fresh water,
Mekong river levels have dropped by as much as a half.
At the end of a journey of more than four thousand kilometres. The
dark rich waters of the Mekong river delta. But the rivers once mighty waters
are losing their battle against the sea as the drought forces them back
upstream and saltwater are invading the land.
Duong Thanh Tung has been farming this land for twenty five years
and he's never known a drought like this. His rice fields are dried up and
cracked,the land, usually lush and moist, can't even grow grass for his
livestock to graze on. And there is little chance of getting a rice harvest
this year.
"We're in a very difficult situation. Rice is our main crop
and we grow other vegetables. Last year we got three rice harvests. This year,
I don't think we'll get one. We can't farm rice anymore, but we're farmers,
what can we do?" Duong Thanh Tung said.
Mr Duong has managed to rescue some of his fields by pumping water
from a local creek. But the water is polluted by seawater that's moving
upstream.
In desperation, some of the farmers......and the farmer knows this
is completely worthless.
Even the promise of water from the Mekong's source in China, is
fading fast. Those waters reached Thailand 3 days ago, but the rivers level
here has barely changed.
Projects like this one in Thailand, pumping water from the Mekong
for drought relief, have depleted the volume of the river so much, that only a
trickle is making it down to Vietnam.
The officials who monitor the river have seen levels drop by forty
to sixty percent in this province.
It's the worst drought in recorded history and the records go back
more than one hundred years.
"As far as I understand, China released water 7 days ago, but
so far there is no change. We hope that the freshwater will sweep the saltwater
out, but so far no one in the delta is seeing any change," Ha Tan Viet,
head of Water Resource Management, said.
It doesn't look much like a drought. The rivers width and the
tributaries that flow into it seem as strong as ever. But these waters have
been poisoned and they can no longer quench the thirst of the parched earth
http://www.ecns.cn/video/2016/03-24/204148.shtml
Rice prices start to increase as farming reels from drought
SHARES: 11
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Philippine Daily Inquirer
12:50 AM March 23rd, 2016
No terror threats in Metro, says PNP
Kim Wong lawyer cries harassment by ‘NBI agents’
Uber, Grab fares up for LTFRB review
‘Pasyon’ written 202 years ago by Bulacan priest
Did you know
‘Why only Wong and Xu?’
Lady cops train in Krav Maga
‘Senakulo’ rooted in faith, family in Cainta
Back home and ready for hearing
China to PH fishers: ‘Filipino, go!’
Read more: http://newsinfo.inquirer.net/775737/rice-prices-start-to-increase-as-farming-reels-from-drought#ixzz440SXO3Zw
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
Govt to purchase
indigenous varieties of paddy cultivated using organic fertilizer.
Meanwhile,
divisional level exhibitions of the national programme titled "A country
free of poisonous substances" will be held throughout the country as well.
The next exhibition will be held at Nuwara Eliya from 8th to the 10th of next
month. In addition, the farmers are now being educated on cultivating without
using agro-chemicals. The government aims to implement this programme in
Northern Province as well.
Home > News Updates > News Headlines
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http://reap.com.pk/news/news_detail.asp?newsid=3577
Customs
re-imposes ban on rice importation
Customs re-imposes ban
on rice importation ON MARCH 23, 20166:50 AMIN NEWSCOMMENTS 39 0 4 0 By
Kingsley Omonobi & Godfrey Bivbere ABUJA— The Nigeria Customs Service
has re-introduced the restriction order on importation of rice through land
borders across the country. Comptroller-General of Customs, Col. Hameed Ali
(retd), gave the approval for the reversal of an earlier policy in October 2015
which allowed rice imports through the land borders, once appropriate duty and
charges were paid. At a review session held with Comptrollers of Border
Commands and Federal Operation Units in Abuja, yesterday, the service noted
that dwindling revenue from rice imports through the land borders did not match
the volume of rice landed in ports of neighbouring countries. The Customs in a
statement by Wale Adeniyi, Public Relations Officer, said: “Rather, reports
from border commands indicated an upsurge in the tempo of rice smuggling.
Implementation of the restriction order got off to a smooth start, with a high
level of compliance in October 2015. “However, revenue started dwindling from
January 2016, with importers blaming access to forex as major impediments.
“During the five-month period when the importation was allowed, October 2015 to
March 17, 2016, a total of 24.992 metric tons of rice valued at
N2,335,131,093 were imported through the land borders.” “During the
period, total revenue generated amounted to N1,685,112,810, which is
considerably lower than the revenue projected to be generated with the removal
of import restrictions. “However, an upsurge in the number of the seizures has
been reported across the land borders since January 2016. ‘’In the first two
months of the 2016, a total of 9,238 bags were seized, with Duty Paid Value
of N64,666,000 made by the Customs anti-smuggling patrol teams
of Federal operations and border commands. The Comptroller-General
of Customs noted that his officers and men could not be totally exonerated from
the abuse associated with the implementation of the order on rice, saying his
office had been inundated with reports of collusion between them and rice
importers
http://www.vanguardngr.com/2016/03/customs-re-imposes-ban-rice-importation/
http://www.vanguardngr.com/2016/03/customs-re-imposes-ban-rice-importation/
Rice procurement up 20 per cent Y-o-Y in
2015-16 kharif marketing season
Purchase
sees a sharp rise despite deficient monsoon in the previous year
2 0 G+0 0
·
·
Sources
told FE that government agencies have purchased paddy equivalent of more than
29 million tonne (MT) of rice between October 1 2015, when the procurement
season had begun, and Sunday, compared with 24.2 MT in the year-ago period.
Higher procurement of rice could be attributed to fall in prices of common
variety of rice in various mandis across the country and states such as Uttar
Pradesh and West Bengal stepping up their procurement systems, they added.
According
to the latest data, agencies have so far purchased paddy equivalent of 9.3 MT
of rice from farmers in Punjab, surpassing the target of 8.8 MT for the 2015–16
marketing season. In Punjab, which contributes the highest volume of rice and
wheat to the central pool, 7.7 MT of rice was purchased during the same period
last year.
In
Haryana, state government agencies have purchased 2.8 MT of rice equivalent of
paddy, surpassing the target of 2.3 MT set for the year. Other states which
have commenced rice procurement include Uttar Pradesh (2.9 MT), Andhra Pradesh
(2.8 MT) and Kerala (1.8 lakh tonne). Even in Chhattisgarh, where the state
government carries out purchase of paddy from farmers, state agencies have
purchased 3.4 MT of rice. In Odisha, more than 2.2 MT has been purchased from
farmers.
The
government agencies buy paddy from farmers; then the grain is given to millers
for conversion into rice. The Cabinet Committee on Economic Affairs (CCEA) in
June last year increased the minimum support price of the common variety of
paddy by Rs 50 to Rs 1,410 per quintal for the 2015-16 kharif season. The hike
in MSP was in line with the recommendation of the Commission for Agricultural
Costs and Prices.
Finance
minister Arun
Jaitley announced
in the Budget that more states would be encouraged to adopt this system. In the
current year, private players have been allowed to purchase paddy from farmers
in Jharkhand and Uttar Pradesh where procurement operations of FCI or state
agencies are not robust.
Under the
current policy, FCI, via state government agencies, procures a major chunk of
food grains, mostly rice and wheat, from farmers in Punjab and Haryana. Others
states such as Rajasthan, Madhya Pradesh, Chhattisgarh and Odisha carry out
purchase of food grains from farmers under a de-centralised scheme.
http://www.financialexpress.com/article/markets/commodities/rice-procurement-up-20-per-cent-y-o-y-in-2015-16-kharif-marketing-season/227869/
Customs
re-imposes ban on rice importation
Vanguard News - ABUJA' The Nigeria Customs Service has
re-introduced the restriction order on importation of rice through land borders
across the country.
http://www.naijadailies.com/News/Nigeria/Customs-re-imposes-ban-on-rice-importation-2226417
Rice Prices
as
on : 23-03-2016 08:10:26 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
|
Price
|
|||||
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
Rice
|
||||||
Bazpur(Utr)
|
3000.00
|
2400
|
27908.41
|
1900
|
1525
|
NC
|
Bangalore(Kar)
|
1517.00
|
-28.95
|
98640.00
|
4000
|
4100
|
-5.88
|
Manjeri(Ker)
|
290.00
|
NC
|
7540.00
|
2900
|
2900
|
-12.12
|
Bangarpet(Kar)
|
211.00
|
-14.57
|
5425.00
|
1860
|
1680
|
0.54
|
Sainthia(WB)
|
167.10
|
-1.71
|
679.20
|
1755
|
1750
|
-
|
Srirampur(ASM)
|
160.00
|
-15.79
|
4355.00
|
2600
|
2500
|
1.96
|
Birbhum(WB)
|
142.80
|
0.56
|
1734.00
|
1780
|
1780
|
-9.64
|
Srirangapattana(Kar)
|
84.00
|
-22.22
|
192.00
|
2058
|
1740
|
-
|
Samsi(WB)
|
50.00
|
NC
|
15360.00
|
2800
|
2800
|
-
|
Gangavathi(Kar)
|
47.00
|
17.5
|
303.00
|
2451
|
1700
|
-
|
Nadia(WB)
|
40.00
|
-20
|
1090.00
|
3250
|
3250
|
4.84
|
Kolhapur(Laxmipuri)(Mah)
|
30.00
|
20
|
1230.00
|
3100
|
3100
|
-
|
Chickkaballapura(Kar)
|
21.00
|
-
|
21.00
|
2080
|
-
|
-
|
Kollegal(Kar)
|
21.00
|
-
|
21.00
|
4500
|
-
|
-
|
Diamond
Harbour(South 24-pgs)(WB)
|
21.00
|
-19.23
|
519.00
|
1850
|
1850
|
-17.78
|
North
Lakhimpur(ASM)
|
17.90
|
49.17
|
1129.90
|
1900
|
1900
|
-
|
Udala(Ori)
|
17.00
|
-50
|
703.00
|
2800
|
2700
|
12.00
|
Giridih(Jha)
|
15.37
|
-1.91
|
172.18
|
3540
|
3540
|
1.14
|
Dibrugarh(ASM)
|
13.00
|
NC
|
888.80
|
2400
|
2400
|
-
|
Raiganj(WB)
|
13.00
|
-7.14
|
668.00
|
2750
|
2850
|
12.24
|
Simdega(Jha)
|
10.00
|
-16.67
|
44.00
|
2100
|
2100
|
NC
|
Chengannur(Ker)
|
7.00
|
40
|
12.00
|
3200
|
3000
|
-
|
Bhivandi(Mah)
|
7.00
|
-12.5
|
253.00
|
2540
|
3590
|
63.87
|
Baruipur(Canning)(WB)
|
6.50
|
8.33
|
12.50
|
2600
|
2500
|
-
|
Silapathar(ASM)
|
5.90
|
11.32
|
471.40
|
3000
|
3000
|
NC
|
K.R.Nagar(Kar)
|
4.00
|
-
|
4.00
|
1800
|
-
|
-
|
Alibagh(Mah)
|
3.00
|
NC
|
90.00
|
4000
|
4000
|
150.00
|
Perinthalmanna(Ker)
|
2.90
|
NC
|
65.50
|
2500
|
2500
|
-19.35
|
Islampur(WB)
|
2.80
|
-9.68
|
220.90
|
2150
|
2150
|
-
|
Balarampur(WB)
|
2.10
|
-8.7
|
45.70
|
2130
|
2140
|
-10.50
|
Bonai(Bonai)(Ori)
|
2.00
|
NC
|
83.10
|
2000
|
2000
|
-9.09
|
Melaghar(Tri)
|
2.00
|
NC
|
90.80
|
2250
|
2350
|
-4.26
|
Kolar(Kar)
|
1.00
|
-
|
45.00
|
4500
|
-
|
-
|
Chalisgaon(Mah)
|
1.00
|
-
|
1.00
|
1250
|
-
|
-
|
Sahebganj(Jha)
|
0.80
|
-
|
2.00
|
3000
|
-
|
7.14
|
http://www.thehindubusinessline.com/economy/agri-business/article8389223.ece