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The
government's decision for a cut on import duty of rice appears to be a hastily
taken one. The reason for the decision, according to the food ministry, is the
shortfall in the ongoing procurement of Boro rice this year. Curiously, this
shortfall has nothing to do with the availability of the major staple which, as
reports say, has experienced a bumper harvest. So, what is it that impedes the
procurement drive? It is the price set by the government at Tk 35-36 a kg which
according to experts is well below the market price. As a result, neither
farmers nor millers are interested to sell their produce to the government at
prices they consider unreasonable. Reports say currently coarse rice sells at
Tk 42-45 per kg, while medium and finer varieties sell at Tk 48-54 and Tk 55-65
respectively. The current price of coarse rice is 16-18 per cent higher than
that of the last year.
The
procurement drive that began on April 26 and would continue until August 31
has, so far, been able to accomplish very little, collecting some 0.34 million
tonnes of rice till July 05 as against the procurement target of 19.5 million
tonnes. Presently, the government has 0.9 million tonnes of rice in stock which
was 1.37 million tonnes in the corresponding period of the previous year.
Clearly, there was a serious mismatch in fixing the procurement price, and one
wonders how the authorities did so disregarding the market price. The
anticipated bumper harvest might have influenced the price-setting, but once it
became apparent that market prices were higher, and that farmers and millers
would not bother to help the government build its stock receiving less than the
market prices, the authorities should have revised the prices.
It may be
noted that the agriculture ministry had said last month that the fairly good
harvest of Boro paddy was capable of getting rid of worries about food security
for the coming six months. Over and above, the next major paddy crop
Aman which is set to be harvested in less than six months and that of Aus
coming up in three to four months make it a no-worry situation so far as food
security is concerned for the next one and a half years. Obviously, such
optimism was backed up by the government's readiness to build an adequate stock
and that could be possible on offering a reasonable price.
Now that the
duty on rice import is set to be reduced, concerned quarters are unanimous that
it would seriously harm the next crop Aman besides affecting the state coffer
through spending in foreign exchange on import. If imports start arriving from
August, observers fear, prices of this second important crop Aman could drop
drastically during the harvesting season from November to January. As a result,
farmers in the vast swathes of the Aman-growing regions in the eastern part of
the country would be hard hit. The policymakers would do well to take this
factor into consideration before further firming up the decision of duty
reduction.
India sees
sharp rise in edible oil exports at 80,765 tonnes for 2019-20
Our Bureau Ahmedabad | Updated
on July 16, 2020 Published
on July 16, 2020
At current tariff value of USD 573 per tonne for refined
palmolein, SOPA said the amount of customs duty being evaded is ₹ 19,968 per tonne. - Reuters
Brightens
price prospects for oilseed growers
In a major boost for India’s
oilseed sector, the country has recorded a sharp jump — nearly 54 per cent — in
edible oil exports to 80,765 tonnes for 2019-20, according to government data.
India had exported 52,490 tonnes
of edible oils in 2018-19. The country earned ₹955.51 crore during 2019-20 from
the exports, which is more than ₹320 crore higher from ₹627 crore recorded in the previous year.
The rise in bulk exports is seen
as a big boost to oilseed growers as it brightens the prospects for better
remuneration for their oilseed crops. Edible oils are freely exportable in
bulk, while mustard oil is allowed in consumer packs not exceeding 5 kg. Major
oils exported are groundnut oil, rice bran oil and also small quantity of
sesame oil, sunflower oil and mustard oil. Groundnut oil is a major oil
exported from India with a total of 38,226 tonnes of exports worth ₹390 crore. China is a major buyer of India’s groundnut oil
(crude and edible) with 33,505 tonnes. Last year, India had exported 15,533
tonnes of groundnut oil worth ₹128 crore.
Bhutan and Canada are the largest
buyers of India’s soyabean oil with 5,708 tonnes and 2,193 tonnes respectively,
while the US imports 1,140 tonnes of soyabean oil from India. India exported
9,822 tonnes of soyabean oil during 2019-20, which is valued at ₹86.23 crore. Soyabean oil exports for 2018-19 were recorded at
4,246 tonnes worth ₹38 crore.
India also exported mustard oil
in consumer packs of 5 kg at 3,681 tonnes worth ₹46.97 crore, mainly to the UAE with 963 tonnes and to the US
with 445 tonnes. India reported a rise in exports of sesame oil and coconut oil
over the last year at 5,618 tonnes and 7,870 tonnes, respectively, showing a
year-on-year growth of over 12 per cent and 15 per cent, respectively.
“The rise in exports of edible
oils is a positive development for India’s oilseed growers. This enables higher
realisations for their crops,” said BV Mehta, Executive Director, The Solvent
Extractors’ Association of India (SEA).
Export of rice bran oil has been
allowed in bulk since September 2015, which has helped boost exports. As per
data compiled by SEA, India exported 12,521 tonnes of rice bran oil and small
quantity of mahua and mango kernel oils worth ₹127 crore. In 2018-19, India
exported 12,807 tonnes of rice bran oil. Major buyers for India’s rice bran
oils are the US, Japan, Malaysia and Thailand.
Whenever there is a food poisoning outbreak linked to produce,
we have told you that one source of the pathogen may be bird droppings. A new
study conducted at Rice University and published in Elsevier journal Environmental
Pollution states that bird droppings carry antibiotic resistant
bacteria and may “harbor abundant” numbers of the pathogen along with
resistance genes.
The study was conducted by environmental engineers and led by
postdoctoral research associate Pingfeng Yu of Rice’s Brown School of
Engineering and co-author Pedro Alvarez.
Earlier studies showed that bird-borne antibiotic resistant
genes (ARGs) and bacteria can be transferred to humans through these vectors:
swimming, contact with bird feces or contaminated soil, and inhaling
aerosolized fecal particles.
Alvarez told Science Daily, “We still
do not fully understand what factors exert selective pressure for the
occurrence of ARGs in the gastrointestinal system of wild urban birds. Residual
antibiotics that are incidentally assimilated during foraging is likely one of
these factors, but further research is needed to discern the importance of
other potential etiological factors, such as bird diet, age, gut microbiome
structure and other stressors.”
The scientists compared fresh fecal samples from each bird
species found in the Houston area in the winter and summer months to samples
taken from poultry and livestock that may carry some of the same mutations.
They found that antibiotic resistant genes in all species had significant
resistance to tetracycline beta-lactam and sulfonamide antibiotics. And the
“relatively high abundance” of ARGs were comparable to those found in fresh
feces of domesticated poultry that are given antibiotics in their feed.
Alvarez added, “Our results indicate that urban wild birds are
an overlooked but potentially important reservoir of antimicrobial resistance
genes, although their significance as vectors for direct transmission of resistant
infections is possible but improbable due to low frequency of human contact.”
They also found that ARGs were in the soil up to 1 inch deep
around the bird droppings, which may play a role in contamination of crops.
The researchers concluded that since bird droppings carry
antibiotic resistant bacteria, people should avoid contact with them,
especially vulnerable groups who are at high risk for complications from
infections. The bacteria can cause respiratory infections, food poisoning, and
sepsis.
Huiru Zhao, Ruonan Sun, Pingfeng Yu, Pedro J.J. Alvarez. High levels of antibiotic resistance genes and opportunistic
pathogenic bacteria indicators in urban wild bird feces. Environmental Pollution, 2020; 266:
115200 DOI: 10.1016/j.envpol.2020.115200
By submitting a comment, you are contacting Pritzker Hageman,
P.A. An attorney may contact you to ask if you would like a free consultation
regarding your foodborne illness.
The vast consumption of rice in several parts of the world is a key factor behind the growth of rice seeds market. Easy production of rice and availability of rice in several cheap varieties accounts for huge consumption of rice especially among the poor.
In parts of Africa, low economic growth necessitate sustainable food to feed large poverty-stricken populations. Rice serves to be a sustainable food as it is cheaper to produce and the crop does not require a typical climate. To serve these needs, massive research is underway by government research bodies to develop newer rice seed variants. Such initiatives are providing tailwinds to the global rice seeds market.
Globally, with changing temperatures and rising pollution, loss of soil fertility is leading to depletion of arable land. For rice production, rice plantations have increased marginally that has necessitated to improve crop yield using improved quality seeds. This is providing a boost to the rice seeds market.
Global Rice Seeds Market: Market Potential
For humanitarian and economic reasons in south East Asia, biotechnology makes a mark in rice research. Golden Rice touted as the Great Golden Hope of Biotech Crops is devoid of commercial concerns of profit motives or intellectual property rights. Developed by a non-profit NGO, the intellectual property (IP) rights of the rice has been donated. With the move, the rice will be given freely to farmers for local breeding programs. To that end, keen farmers will develop newer rice seed varieties to feed the most vulnerable people on the planet.
The global rice seeds market can be split into five key regions, namely North America, Asia Pacific, Europe, South America, and Rest of the World. North America, among them, holds prominence in the global rice seeds market. Extensive infrastructure for research for newer rice varieties and presence of experts are key to the growth of North America seeds market.
Asia Pacific is a key region for rice seeds. Rice being a staple diet of several countries in South East Asia and Far East Asia, substantial research is underway to develop newer varieties of rice seeds. Poverty in several countries of the region is necessitating development of newer seed varieties for increased output at low cost.
Some of the most prominent competitors operating in the competitive landscape of global rice seeds market include –
Bayer
Syngenta
Nuziveedu Seeds
DowDuPont
UPL Advanta Seeds
Kaveri Seeds
Mahyco
Rasi Seeds
JK Seeds
Krishidhan Seeds
BASF
Rallis India Limited
SL Agritech
Guard Agri
Hefei Fengle Seeds
Long Ping Hi-Tech Seeds
Research organizations having a significant presence in the global rice seeds market include International Seed Federation, International Union for the Protection of New Varieties of Plants, National Seed Corporation, and International Society for Seed Science.
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COVID-19 Impact & Recovery Analysis- Packaged Rice Snacks Market 2020-2024 | The Health Benefits of Packaged Rice Snacks to Boost Growth | Technavio
Technavio has announced its latest market research report titled Global Packaged Rice Snacks Market 2020-2024 (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the packaged rice snacks market and it is poised to grow by $ 6.13 bn during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The #Global Packaged Rice Snacks Market will grow by $ 6.13 bn during 2020-2024, according to @Technavio
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Element Snacks Inc., Kameda Seika Co. Ltd., Kellogg Co., Lundberg Family Farms, Mars Inc., Nishimoto Co. Ltd., PepsiCo Inc., Ricegrowers Ltd., SanoRice Holding BV, and Tastemorr Snacks - A Division of Basic Grain Products Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The health benefits of packaged rice snacks have been instrumental in driving the growth of the market. However, the availability of substitute products will challenge the market growth.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our packaged rice snacks market report covers the following areas:
Packaged Rice Snacks Market size
Packaged Rice Snacks Market trends
Packaged Rice Snacks Market industry analysis
This study identifies the increasing consumption of plant-based diets as one of the prime reasons driving the packaged rice snacks market growth during the next few years.
We provide a detailed analysis of around 25 vendors operating in the packaged rice snacks market, including some of the vendors such as Element Snacks Inc., Kameda Seika Co. Ltd., Kellogg Co., Lundberg Family Farms, Mars Inc., Nishimoto Co. Ltd., PepsiCo Inc., Ricegrowers Ltd., SanoRice Holding BV, and Tastemorr Snacks - A Division of Basic Grain Products Inc. Backed with competitive intelligence and benchmarking, our research reports on the packaged rice snacks market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist packaged rice snacks market growth during the next five years
Estimation of the packaged rice snacks market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the packaged rice snacks market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of packaged rice snacks market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Rice cakes - Market size and forecast 2019-2024
Rice crackers, cookies, and biscuits - Market size and forecast 2019-2024
Rice crisps - Market size and forecast 2019-2024
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Vendor expansions in global packaged rice snacks market
Increasing consumption of plant-based diets
Government initiatives to increase rice production
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Element Snacks Inc.
Kameda Seika Co. Ltd.
Kellogg Co.
Lundberg Family Farms
Mars Inc.
Nishimoto Co. Ltd.
PepsiCo Inc.
Ricegrowers Ltd.
SanoRice Holding BV
Tastemorr Snacks - A Division of Basic Grain Products Inc.
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.