Wednesday, May 20, 2015

20th May(Wednesday),2015 Daily Exclusive ORYZA Rice E_Newsletter by Riceplus Magazine

Global Rice Quotes

May 19th, 2015

Long grain white rice - high quality
Thailand 100% B grade          380-390           ↔
Vietnam 5% broken    350-360           ↔
India 5% broken         370-380           ↔
Pakistan 5% broken    395-405           ↔
Myanmar 5% broken   415-425           ↔
Cambodia 5% broken             430-440           ↔
U.S. 4% broken           470-480           ↔
Uruguay 5% broken    565-575           ↔
Argentina 5% broken 555-565           ↔

Long grain white rice - low quality
Thailand 25% broken 350-360           ↔
Vietnam 25% broken 330-340           ↔
Pakistan 25% broken 355-365           ↔
Cambodia 25% broken           410-420           ↔
India 25% broken       345-355           ↔
U.S. 15% broken         460-470           ↔

Long grain parboiled rice
Thailand parboiled 100% stxd            370-380           ↔
Pakistan parboiled 5% broken stxd    405-415           ↔
India parboiled 5% broken stxd         360-370           ↔
U.S. parboiled 4% broken       555-565           ↔
Brazil parboiled 5% broken    570-580           ↔
Uruguay parboiled 5% broken            NQ      ↔

Long grain fragrant rice
Thailand Hommali 92%          865-875           ↔
Vietnam Jasmine         480-490           ↔
India basmati 2% broken        NQ      ↔
Pakistan basmati 2% broken   NQ      ↔
Cambodia Phka Mails             815-825           ↔

Brokens
Thailand A1 Super      315-325           ↔
Vietnam 100% broken            305-315           ↔
Pakistan 100% broken stxd    300-310           ↔
Cambodia A1 Super   350-360           ↔
India 100% broken stxd         270-280           ↔
Egypt medium grain brokens NQ      ↔
U.S. pet food 365-375           ↔
Brazil half grain          NQ      ↔
All prices USD per ton, FOB vessel, oryza.com

Asia Rice Quotes Unchanged Today

May 19, 2015
Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $370 - $380 per ton, about a $20 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $370 - $380 per ton, about a $25 per ton discount to Pakistan 5% rice shown at around $395 - $405 per ton.
25% Broken Rice
Thailand 25% rice is shown at around $350 - $360 per ton, about a $20 per ton premium on Vietnam 25% rice shown at around $330- $340 per ton. India 25% rice is indicated at around $345 - $355, about a $10 per ton discount to Pakistan 25% rice shown at around $355 - $365 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is indicated at around $360 - $370 per ton, about a $45 per ton discount to Pakistan parboiled rice shown at around $405 - $415 per ton. 
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $10 per ton premium on Vietnam 100% broken rice shown at around $305 - $315 per ton. India's 100% broken rice is shown at around $270 - $280 per ton,  about a $30 per ton discount to Pakistan broken sortexed rice shown at around $300 - $310 per ton.

Government of Malaysia Planning to Make Paddy Planting More Attractive for Youth, Says Minister

May 19, 2015
The government of Malaysia is planning to make paddy planting more attractive, especially for youth, in terms of ensuring higher income and returns, local sources quoted the Energy, Green technology and Water Minister as saying.The Minister noted that recently young farmers were not interested in rice farming due to lesser return associated with it. He noted that the government is trying to help young farmers to achieve higher yields and returns by assisting with new technologies, seedlings and fertilizers. He noted that though cost of inputs have increased in recent times, the government is trying to ensure that rice farmers get lucrative returns.He also noted that these measures are important as the government is aiming for total self-sufficiency in the country over the next few years. He also ensured that the 11th Malaysia Plan will consist of new programs to redevelop paddy fields and idle land as well as encourage more farmers to grow paddy.
Last week, the country's Agriculture Minister announced that his Ministry would spend about RM2.2 billion (around $615 million) this year to help rice farmers to improve output to about seven tons per hectare from the current six tons per hectare in line with the government's self-sufficiency target.Malaysia produces about 64% of rice needed for annual consumption of about 2.8 million tons and imports the rest. The Minister expressed that while 90,000 tons are imported officially, nearly one million tons are imported unofficially into the country.USDA estimates Malaysia to produce about 1.8 million tons of rice and import about one million tons of rice in MY 2014-15 (January 2015 - December 2015).

Brazil Paddy Rice Index Declines About 1% from Last Week

May 19, 2015
The Brazilian paddy rice index maintained by CEPEA reached around 35.04 real per 50 kilograms as of May 18, 2015, down about 1% from around 35.36 real per 50 kilograms recorded on May 11, 2015.In terms of USD per ton, the index reached around $232.52 per ton on May 18, 2015, down about 2% from around $237.12 per ton recorded on May 11, 2015.

Nearly 11 Million Tons of Stockpiled Rice Substandard, Says Thai Commerce Ministry

May 19, 2015
Of the 16 million tons of stockpiled rice with the Thai government, nearly 11 million tons are substandard, local sources quoted the Commerce Permanent Secretary as saying.The Secretary told the local sources that the Rice Policy and Management Committee yesterday agreed to sell about 2 million tons of stockpiled rice over the next two months. She noted that the entire stock needs to be sold at the earliest as the storage costs at about 30 million baht (around 895,496) per day. She also noted that total loss associated with the substandard rice, including the storage costs and lowering the selling price, would translate to around 400 billion baht (around $12 billion).
She said the government is expecting to earn about 200 billion baht (around $5.97 billion) from selling the entire rice stocks while the total cost associated with holding the stocks is around 600 billion baht (around $17.9 billion).The government is keen on selling about 10 million tons of rice this year and about 7 million tons next year. However, it has been delaying the third auction since March 20, 2015 in order to avoid downward pressure on prices.It had sold about 1.88 million tons of rice from six auctions raising around 25.58 billion baht (around $785.2 million) since it seized power in May 2014. It also reportedly sold one million tons of rice under government-to-government contracts.

Oryza Overnight Recap – Chicago Rough Rice Futures Seen Flat Overnight Despite Weakness in Neighboring Grain Pits

May 19, 2015
Chicago rough rice futures for Jul delivery are currently seen trading 2 cents per cwt (about $0.44 per ton) higher at $9.815 per cwt (about $216 per ton) ahead of floor trading in Chicago. The other grains are seen trading lower; soybeans are currently seen about 0.4% lower, wheat is listed about 2.1% lower and corn is currently noted about 1.2% lower.U.S. stock index futures indicated Wall Street would follow European markets higher on Tuesday, after finishing at record highs on Monday. April's housing starts totaled 1.135 million in April, above the 1.020 million estimate.
The beat follows weak readings of little above 900,000 in February and March. Bond yields extended gains after the better-than-expected data, with the U.S. 10-year Treasury yield at 2.27%.European equities were sharply higher in morning trade on Tuesday, with investors reacting to corporate earnings and focusing on comments by a member of the European Central Bank. The euro fell to as low as $1.114 early in the day, after starting the session at $1.131. The 10-year benchmark German Bund yield briefly fell to 0.56% and the 10-year U.S. Treasury yield dipped below 2.20%. Gold is currently trading about 1.1% lower, crude oil is seen trading about 1.9% lower,  and the U.S. dollar is currently trading about 1.2% higher at 8:15am Chicago time.


Philippines Researcher Develops Eco Friendly Rice Hull Processor

May 19, 2015
A researcher at the Philippine Rice Research Institute (PhilRice) has developed the continuous rice hull (CtRH) carbonizer which can process rice hull into biochar (commonly known as charcoal) in an environmentally friendly manner and at a lesser cost, according to the Philippines government website.The CtRH is a smokeless carbonizer that converts rice hull into biochar, which can be used for cooking, baking, sterilizing and heating brooding chicks. According to the researcher, while the machine processes rice hull into biochar, it generates heat that is then recovered in the carbonizer attachments, including a high-volume, cooker, baking oven, sterilizer for mushroom fruiting bags, or heater for brooding chicks. Heat thus generated can replace heat generated from conventional sources such as LPG or electricity, he says.
Moreover, biochar produced from rice hull can be used as organic fertilizer together with animal manure. This type of organic fertilizer can  resist degradation and traps carbon in soils for hundreds of years thus reducing the impact of greenhouse gas emissions as well as environmental pollution.The PhilRice is planning to commercialize the CtRH carbonizer so that farmers can make an efficient use of rice hull produced in their fields. Farmers generally burn rice hull in their fields leading to environmental pollution. The Agricultural Secretary also urged stakeholders to utilize these eco friendly and cost efficient technologies and benefit out of them.

Oryza U.S. Rough Rice Recap - Prices Mostly Unchanged as Futures Drop; Mexico and Canada Threaten Import Tariffs

May 19, 2015
The U.S. cash market was relatively unchanged again today despite weakness in the futures market as neither buyer or seller could come off of their price ideas to make a trade.There were reports today that Canada and Mexico are threatening to impose import tariffs on U.S. rice if the U.S. requires retailers to label meat with where the animal was born, raised, and slaughtered.Analysts note that the imposition of these tariffs would crush the U.S. rice industry however most agree that there will be a resolution to this dispute.

Pakistan Rupee Appreciation Against Dollar, Euro Impacts Rice Exports in FY 2014-15, Says MOC

May 19, 2015
In a written reply to the Parliament, Pakistan's Ministry of Commerce noted that a decline in the average unit price (AUP) of non-basmati rice, appreciation of Pakistan rupee against the U.S. dollar and the euro, increased cost of production and lack of adequate research and development in the country have all contributed to a decline in Pakistan's rice exports so far in the FY 2014-15 (July - June), according to local sources.The Ministry stated that a decline in the AUP of non-basmati rice, which account for about 70% of Pakistan's total rice exports, has reduced the export value significantly so far this year.
According to data from the Pakistan Bureau of Statistics (PBS), Pakistan's total rice exports, including basmati and non-basmati, increased about 4% y/y to around 3.09 million tons in July 2014 - March 2015 from around 2.97 million tons last year. However, in terms of value, Pakistan's exports declined about 6% y/y during the period to around $1,569 million from around 1,667 million last year.According to the Ministry, appreciation of Pakistan rupee against the USD during July 2014 and January 2015 also impacted the value of exports significantly. The average value of Pakistan rupee against the dollar stood at around 100.3 during July 2014 - March 2015 compared to around 103.62 during the same period last year. Due to this, though the exports declined by only 6% in terms of dollar, they declined by about 9% in terms of rupee.
Appreciation of Pakistan rupee against the euro during July 2014 to January 2015 also affected the competitiveness of Pakistan’s rice exports to the Euro zone.The Ministry also noted that increased cost of production and lack of appropriate research in the country are also affecting the competitiveness of Pakistan rice globally. It stated that absence of development of new high yielding varieties of rice for the last thirty years is a worrisome factor. It noted that India on the other hand developed many basmati and non-basmati varieties during the last few years. Due to this there are chances that traditional markets of Pakistan may prefer Indian rice, it said. Also due to increased costs of production, Pakistan farmers are not in a position to lower prices despite a global decline in prices.It also reiterated that Pakistan has not been following any import substitution policies under the multi-lateral trading arrangement of World Trade Organization (WTO) as they erode competitiveness.

Tanzania Can Fulfil Rice Needs of Entire Region But its Export Potential Unrecognized, Says EAC Secretary General

May 19, 2015
Tanzania is capable of fulfilling the rice needs of entire East African Community (EAC) region but the government, rice growers and exporters do not recognize the country's export potential, local sources quoted the Secretary General of the EAC as saying.The official who was holding a consultative meeting with the business community members in Dar es Salaam last week told local sources that rice is the second most important and commercial crop in Tanzania after maize and is also a major source of employment, income and food security. The nation tops the EAC region in rice production with over one million tons annually.
He however says, Tanzania still has a lot of underutilized production capacity and urged the private sector to participate in rice production and make optimal use of the potential. He also noted that the Tanzanian rice is specially recognized for its quality.The EAC Secretary General also noted that the rice production in the country is characterized by small and medium sized farmers with an average yield of 1.8 tons per hectares. He said while the potential rice area is estimated at around 2-3 million hectares, only 720,000 hectares is under use currently. The government has been providing a number of large scale mechanized rice schemes especially for export but are not properly utilized, he adds.
He reminded that Tanzania's rice shipments had been banned in Kenya and Uganda for being mixed up with low quality Pakistani rice. He warned the traders not to lose their reputation by engaging in such unscrupulous acts. He said he would take up the matter with relevant authorities and ensure the ban is lifted soon.USDA estimates Tanzania to produce around 1.386 million tons of rice, basis milled, and export around 30,000 tons in MY 2014-15 (June 2014 - May 2015).

Thai Former Prime Minister Pleads Innocence in Corruption Charges in Rice Pledging Scheme

May 19, 2015
Thailand’s former Prime Minister Yingluck Shinawatra, who is facing charges of dereliction of duty in preventing multi-billion dollar graft in running the controversial rice pledging scheme introduced by her government in October 2011, has pleaded innocence in charges filed against her in the Supreme Court on the first day of the trial, according to Reuters.She has accused her enemies of purposefully creating charges against her with an intention to handicap her powerful family.

The former PM has been granted 30 million baht ($900,000) bail on condition that she should not leave the country during the trial period without written permission. The court scheduled the next hearing for July 21, 2015.The Thai National Legislative Assembly (NLA) impeached the former Prime Minister on January 23, 2015 and banned her from active politics for next five years for encouraging corruption in the rice pledging scheme introduced by her government in October 2011. If proved guilty in the present case, she may have to face imprisonment for 10 years, according to local sources.  
Download/View On-Line the above News in pdf format,just click the following link

19th May(Tuesday),2015 Daily Global Rice E-Newsletter by Riceplus Magazine

Rice stakeholders in turmoil
                      
The Union of Small and Medium Enterprises  (UNISAME ) has invited the attention of the Ministry of Commerce (MOC) to the adverse situation faced by the rice growers, processors, exporters and merchants due to the lack of demand, high cost of production and above all no support from the government. In India there are subsidies on farm inputs and Pakistan is facing tough competition from India. This year India beat us and Pakistan remained behind due to lower Indian prices and open policy of allowing free hand to its exporters.President UNISAME Zulfikar Thaver said the prices of superior varieties of rice fell by half and other varieties by about 20% causing huge losses to the growers and this affected the processors and exporters as well as foreign buyers fearing further fall did not build their inventory.
 He lamented that the MOC should have planned for seeing the situation. Our main competitor India allowed it's shippers to export blended varieties as basmati rice and our MOC hung on to protecting the basmati label by letting Quality Review Committee continue its hindering activity.

It is pertinent to note that the buyers concept of basmati has changed and rice like 1121 and 386 have caught on.1121 is more expensive than basmati , The question is the non comprehensive attitude of the MOC which failed to act in good time and say good bye to QRC which is protecting a variety senselessly and losing orders. The Rice exporters know their business and need to be left alone to promote their own brands according to the demands of their buyers who need skillfully blended rice. Unfortunately the SME exporters to Yemen also landed in trouble as the banks in Yemen closed and the bills of the exporters are stuck and the cargo was off loaded by the vessels in Djibouti. 

 Here again instead of coming to the help of the exporters and facilitating them to find remedies the banks are following the rules as per their manuals which have no provision for such situations and unfortunately lack the ability to think out of box and resolve the problems.UNISAME has appealed to the MOC to recommend to the ministry of finance to give relief to the rice growers,  processors, exporters and merchants who have suffered losses and not to burden them with additional taxes and in fact wave taxes for them in the budget. This is very important as other wise it is apprehended that the farmers may switch over to other crops.

UNISAME

Scientists prove a plant point

Our Special Correspondent
New Delhi, May 19: Government scientists have asserted that India has provided tens of thousands of samples of key foodcrops to global gene repositories, refuting allegations by sections of foreign researchers that India has been reluctant to share its plant resources.The scientists with the Indian Council of Agricultural Research (ICAR) have said India ranks first in the list of contributors of plant germplasm in 11 gene banks maintained by the Consultative Group (CG) of International Agricultural Centres held "in-trust" for the global community.India has over the past three decades submitted over 66,800 plant germplasm varieties - or 9.2 per cent - to more than 720,600 accessions maintained by the network of CG repositories, emerging at the top of its list of contributors, the ICAR scientists said in a report that analysed the flow of plant varieties from India. Crop scientists view such transfer of key plant material as critical for crop breeding and improvement programmes aimed at food security.
"This analysis should dispel notions that India hasn't been sharing its plant resources," said Rishi Kumar Tyagi, a principal scientist at the ICAR's National Bureau of Plant Genetic Resources, New Delhi, who led the study of plant germ flow from India over the past four decades.Plant gene repositories in the US, Russia, Taiwan, Germany and the UK also have several thousands of accessions of Indian origin. At a gene bank maintained by the US department of agriculture, over 22,000 among its total of more than 625,000 accessions are of Indian origin.Crop researchers based in Europe had two years ago raised concerns that access to Indian plant germplasm was limited. Scientists from Norway had pointed out that the world's largest global seed vault maintained by Norway in Svalbard had very few samples from India.Tyagi and his colleagues have challenged that claim.
The Svalbard gene vault has over 824,000 germplasm accessions from over 60 gene banks, among which over 66,000 accessions - or over 8 per cent - deposited by 24 gene banks are of Indian origin, the ICAR scientists said in their analysis just published in the journal PLOS One.Although India has directly submitted only 25 samples to Svalbard, over 66,000 samples are of Indian origin, having been deposited there by the CG crop research centres or by other national gene banks. The International Rice Research Institute in Manila, Philippines, has deposited its entire rice germplasm collection of 116,600 at Svalbard, among which over 16,220 accessions belonging to 18 species of rice have their origin in India, the ICAR scientists wrote in their report.
The ICAR scientists have listed 16 crops, including rice, wheat, maize, chickpea, eggplant, groundnut and pigeon pea, among others, that have been deposited by India into gene repositories across the world. Among over 2,800,000 samples held by 446 organisations worldwide, 106,000 are from India."India is also a big beneficiary of such germplasm exchange," said Kailash Bansal, head of the National Bureau of Plant Genetic Resources, who was not involved in the analysis. "One recent example is kiwifruit - it's import of germplasm that brought kiwifruit to India," he said.Crop scientists also point out that several varieties of foodcrops, including vegetables, currently cultivated across the country owe their origin to foreign germplasm.
The analysis has revealed that the flow of plant germplasm from India has indeed slowed down over the past decade owing to national biodiversity laws that India enacted in 2002. The national biodiversity regulations lay down strict rules on the transfer of plant genetic material from India.From the mid-1970s through the early 1990s, India used to supply more than 4,000 germplasm samples each year. But over the past five years, the number has been less than 1,000 per year."Over the past decade, the number of requests India has received for germplasm has also declined," Tyagi said.
http://www.telegraphindia.com/1150520/jsp/nation/story_21087.jsp#.VVxZOvlViko

Update on U.S. and world rice market scheduled for 1:30 p.m. Friday

 

Nathan Childs to provide latest analysis of rice market outlook
May 18, 2015Farm Press Staff | Delta Farm Press

Dr. Nathan Childs needs no introduction to rice farmers. He’s been a featured speaker at the USA Rice Outlook Conference almost since its inception in 1994 and has been providing detailed analysis of the rice markets to the rice industry for more than 23 years.

Delta Farm Press
Description: Description: http://deltafarmpress.com/site-files/deltafarmpress.com/files/imagecache/medium_img/uploads/2015/05/riceheadsdfp2.jpgIt’s been a struggle, but most of the U.S. rice crop that was going to be planted in 2015 has gone in the ground. Now farmers can turn their attention toward what they may be able to get for their crop when harvest rolls around.To that end, Nathan Childs, senior economist with USDA’s Economic Research Service, will provide an update on the U.S. and world rice markets during a University of Arkansas’ Food and Agribusiness Webinar Series event at 1:30 p.m. Friday (May 22).Dr. Childs needs no introduction to rice farmers.

He’s been a featured speaker at the USA Rice Outlook Conference almost since its inception in 1994 and has been providing detailed analysis of the rice markets to the rice industry for more than 23 years.The Webinar, “2015-16 U.S. and Global Rice Outlook with Nathan Childs, Agricultural Economist, USDA Economic Research Service,” will be hosted by Dr. Bobby Coats, professor, University of Arkansas. Joining him will be Tony Franco and Anita Wilson of USDA’s Farm Service Agency; Brandy Carroll, Arkansas Farm Bureau; and Forrest Laws, Farm Press.Dr. Childs has been analyzing the domestic and international rice markets for USDA's Economic Research Service since 1996.Prior to that appointment, he was associate editor and economic editor for ERS’ monthlyAgricultural Outlook magazine for more than five years. He has also worked as a food grain economist with ERS.

He has published reports on global trade liberalization, U.S. farm policy, domestic rice consumption, the U.S. rice export market, Southeast Asia’s rice surplus, the structure of the U.S. rice market, and the 2008 global rice price surge. Dr. Childs participates in all rice-related monthly interagency meetings and writes the monthly Rice Outlook Report. He also updates the Rice Yearbook Tables and develops domestic and international rice forecasts for USDA’s 10-year Baseline project. Over the years, he has been involved three Emerging Market Projects—Taiwan (1992, 1993), China (1997), and Vietnam (2007); and he’s traveled to Haiti several times to assist the Haitian Government in increasing rice capacity.


http://deltafarmpress.com/rice/update-us-and-world-rice-market-scheduled-130-pm-friday

 

2 keys to weed control success in 2015


Photo © Delta Farm Press
Description: Description: Pigweed - Palmer amaranthI believe the success or failure of this year’s weed control programs will be determined by (1) how you coordinate residual herbicides with rainfall events and (2) how you time postemergence herbicide applications.Early May ushered in a week or so of dry weather, which was great. In a lot of areas — especially in north Arkansas — the entire rice crop and a lot of other crops were planted in this window. This is a good thing, because we can’t make a crop until we get a crop planted.

On the other hand we had residual herbicides out a week with no activation along with warm temperatures ideal for weed emergence. This means a flush of weeds will come through a lot of the residual applications, and the timing of the first postemergence treatment is going to be critical. In fields that fit this example, success or failure will likely be determined right there — especially for pigweed control in Roundup Ready or conventional soybeans.As I write this, we have an excellent forecast of rain following the seven- to 10-day dry period. I am begging everyone who will listen to get a residual herbicide out ahead of the rain — regardless of the crop. Some are saying, “I’m clean and already have one or more residual out.” Great, put another one out.Every year we are having more difficulty controlling weeds postemergence.

Every year we are having more difficulty getting postemergence herbicides applied because of the increasing diversity in our crop mix. I believe this year will be even worse. All crops are being planted at the same time in north Arkansas. There is also a big increase in grain sorghum acres, and grain sorghum is a crop that you must be careful about with any herbicide application.The acreages of Clearfield and conventional rice seem to be about equal again this year. There is also a big increase in interest in conventional soybeans. All of these factors will result in a lot of postemergence treatments being “on the books” for long periods.The best way to avoid being hung out on getting a post herbicide applied is to keep residual herbicides working.It is strange to hear folks talking about needing to flush rice when we were too wet for six weeks trying to get the crop in. However, that is classic Arkansas weather. Once we get to May, we are seldom more than a week away from a drought.

If rice has to be flushed, use the flush to activate another residual herbicide. Hopefully this rainfall forecast will not be our last for the summer. As the good forecasts pop up, take advantage of them.If we miss this rainfall event being predicted now, a lot of folks are going to find out that pigweed control the past couple of years has been way too easy! In the days before Roundup Ready, we were always in the situation if we missed one rain and missed the timing of the first postemergence herbicide a couple of days, the result was a grown-up mess.We are in better shape for residual herbicides now than we were then.

However, it still takes moisture to make them work. The past two years have provided fantastic conditions for making them work, and I hope our streak continues. By now you will know whether it has or has not.My philosophy is always assume the residual is going to fail to some extent and have the sprayer ready. In Roundup Ready or conventional soybeans, spray as soon as the ground turns red with emerging pigweeds.In LibertyLink soybeans you have some more leeway, but the first application of Liberty still needs to go out seven to 10 days after emergence. I am getting quite a few calls on LibertyLink soybeans, and in general the weed control answers come much easier in this technology.

http://deltafarmpress.com/rice/2-keys-weed-control-success-2015

APEDA India News


International Benchmark Price
Price on: 18-05-2015
Product
Benchmark Indicators Name
Price
Garlic
1
Chinese first grade granules, CFR NW Europe (USD/t)
2100
2
Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t)
2000
3
Chinese powdered, CFR NW Europe (USD/t)
1800
Ginger
1
Chinese sliced, CIF NW Europe (USD/t)
4600
2
Chinese whole, CIF NW Europe (USD/t)
5100
3
Indian Cochin, CIF NW Europe (USD/t)
3000
Guar Gum Powder
1
Indian 100 mesh 3500 cps, FOB Kandla (USD/t)
4880
2
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t)
2300
3
Indian 200 mesh 5000 cps, FOB Kandla (USD/t)
3400
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 18-05-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Jowar(Sorgham)
1
Amreli (Gujarat)
Other
1205
2775
2
Vasai (Maharashtra)
Other
1600
2200
3
Vellore (Tamil Nadu)
Other
1550
1550
Maize
1
Dhansura (Gujarat)
Other
1050
1200
2
Honnali (Karnataka )
Local
1220
1330
3
Koraput(Orissa)
Other
1310
1330
Mousambi
1
Aroor (Kerala)
Other
3500
3700
2
Sitapur(Punjab)
Other
3000
4000
3
Mechua(West Bengal)
Other
2600
3100
Carrot
1
Bolangir (Orissa)
Other
2800
3000
2
Solan (Himachal Pradesh)
Other
1000
1700
3
Haldwani(Uttrakhand)
Other
900
1000
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 18-05-2015
Product
Market Center
Price
1
Pune
290
2
Nagapur
278
3
Namakkal
311
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 18-05-2015
Product
Market Center
Origin
Variety
Low
High
Onions Dry
Package: 50 lb sacks
1
Atlanta
Mexico
Yellow
20.20
22
2
Baltimore
California
Yellow
21
21
3
Chicago
Texas
Yellow
15
15
Cabbage
Package: 50 lb cartons
1
Atlanta
Florida
Round Green Type
10
11
2
Detroit
Georgia
Round Green Type
13.50
14
3
Miami
Canada
Round Green Type
11
12
Grapes
Package: 18 lb containers bagged
1
Atlanta
Chile
Red Globe
20.50
21.50
2
Baltimore
Peru
Red Globe
20
22
3
Miami
Chile
Red Globe
21
23
Source:USDA

 

DOLLAR, EURO DEPRECIATION AGAINST PKR CONTRIBUTES TO EXPORT DECLINE

Mian Arshad

Tuesday, May 19, 2015 - Islamabad—Decreased international prices of commodities, increased cost of production,depreciation of dollar and Euro against Pak rupee (PKR) and lack of research and development are the dominant factors for the decline of exports in first nine months of the current fiscal year. Resultantly, the import bill during July-March 2014-15 soared up to $ 34 billion and trade deficit during said period was S 16.1 billion. There has been a rise of 21% in Pakistan’s exports to the European Union in 2014, which translates into an additional export of $ 1.3 billion. According to a written reply submitted before the Lower House of the Parliament by the Ministry of Commerce (MoC), there has been a global trend of decrease in prices of cotton and rice.
These commodities have seminal importance in Pakistan’s exports and the decrease in prices has adversely affected Pakistan’s exports. The average unit price (AUP) of non-basmati rice, which constitutes 70% of Pakistan’s rice exports by value, declined by 2%; similarly, the AUP of cotton and yarn have declined by 78% and 10% respectively. While the prices of agricultural commodities have declined, the cost of production in Pakistan has increased due to increased energy and other input costs. Pakistan’s ranking in Global Competitiveness Index decreased from 128th in 2013-14 to 129th in 2014-15. Moreover, the appreciation of Pak Rupee during the period Jul-Jan of the current financial year as compared to the corresponding period of previous year, made Pakistan’s exports less competitive.

The average exchange rate of USD vis-à-vis PKR, during the period July 2014 to January 2015 remained 100.183 as compared to 104.076 during the corresponding period of the previous year. Consequently, the 3.73% decrease in exports in dollar terms during the first 7 months translates into 7.3% decline in rupee terms. The impact of PKR appreciation was compounded by 6% depreciation of Euro vis-à-vis international currencies during the period July 2014 to January 2015 compared with the corresponding period of the previous year. It further affected competitiveness of Pakistan’s exports in the Euro zone thus offsetting a part of advantage of GSP Plus. Similarly, research and development has traditionally been a low priority both in the public and private sectors.

For instance, there is near absence of development of new high yielding varieties of cotton and rice. India has developed many basmati and basmati-look-alike (non-basmati) varieties during the last few years whereas Pakistan has failed to develop any basmati variety during the last 30 years. Consequently, the traditional markets of basmati rice are being gradually grabbed by India with high yielding basmati varieties. Though lack of R&D is a long term issue, its adverse impact is becoming increasingly pronounced. However, the MoC observed that under the multi-lateral trading arrangement of World Trade Organization (WTO), importsubstitution policies erodes the competitiveness; therefore, Pakistan does not follow any import substitution policy since last two decades. Pakistan trade policies are geared toward export enhancement and creating a decent trade balance.

http://pakobserver.net/detailnews.asp?id=264225

Wet, cool start results in issues for 2015 Arkansas rice

An early-season rice report
May 18, 2015David Bennett | Delta Farm Press
A stop-and-go start to the growing season has impacted all Delta crops. So, how is rice doing?
The week of May 11, the USDA has Arkansas at 86 percent planted.“That should put us at just over 1.25 million planted rice acres right now working off of the March prospective plantings says Jarrod Hardke, Arkansas Extension rice agronomist.
Description: Description: http://deltafarmpress.com/site-files/deltafarmpress.com/files/imagecache/medium_img/uploads/2015/05/1535383.jpg“I think that assessment is pretty accurate.”At the moment, the state is largely at a standstill following rains from May 8 through 10. “That’s kept us from actively planting much this week. But that slowdown comes after our planted percentage jumped from 37 percent to, two weeks later, 86 percent. We put in half the crop in 14 days and that’s impressive.

”There have been a lot of early-season issues with the rice crop, says Hardke. “A lot of them have to do with general stand establishment problems. Seedling disease is part of that, but so is the recent wet weather and cool temperatures. There was also a very rapid dry down – it suddenly turned warm and windy – and we lost moisture in the top layer.“This season is turning out kind of erratic. After the most recent rains, it turns out there was still viable seed planted. It just hadn’t come up yet. So, we’re seeing a number of fields with three- and four-leaf rice with new rice emerging right beside it."Of course, that will make things interesting going forward in terms of in-season management. Certainly, the rice that’s furthest along is what you have to make your primary management decisions on – that’s your main crop.
"That late-emerging rice can actually act as sort of a weed in some cases, a drag on the main crop. Hopefully, it will catch up and produce some grain at the end.”Those that were fortunate to get their rice planted in early April “are leaning toward the back end of when we prefer to put out our nitrogen fertilizer and go to flood. It just isn’t dry enough to go now and the 10-day forecast doesn’t look good. That’ll force us to again make the best of a bad situation.”It’s better to put nitrogen on slightly wet ground as opposed to being really late, says Hardke. “I know some producers are flying nitrogen on today and moving forward although they’d like the ground to be drier in order to get better incorporation.“It’s not efficient to put nitrogen into water or mud. We don’t like asking people to do that. But for those enrolled in the DD50 program, once you are at, or moving past, the final recommended time to apply nitrogen pre-flood, you have to get it out somehow. The plant simply has to have the nitrogen and if you don’t provide it, the crop can face serious harm and a lack of recovery time. Time is the enemy.”
http://deltafarmpress.com/rice/wet-cool-start-results-issues-2015-arkansas-rice

 

Cheaper oil soothes sting of rising rice prices

Kang Mi Jin  |  2015-05-19 16:29
  

With farming season in full swing in the border areas of North Korea, rice prices in the marketplace have seen a small rise, but oil prices have dipped, providing a little relief in people’s livelihoods. The recent tightening of regulations on borders has made illegal imports more difficult, driving up rice prices, while the steady supply of imported oil from Russia has contributed to the decline in the cost of it, Daily NK has learned. “The ongoing crackdown on the borders has driven up the price of rice and other grains, but the price of diesel oil and gasoline has dropped,” a source from Yangkang Province said. “Along with warming ties between North Korea and Russia, we saw rice coming into the country at the end of last year, but recently, we’re seeing gasoline and diesel.”

 “It cost roughly 4,000 KPW [0.49 USD] for 1kg of rice until the end of last month, but that price has spiked by 1,000 KPW [0.12 USD], so you now have to pay 5,000 KPW [0.62 USD] at the Hyesan Market,” he added. “The supply of rice to markets near the borders has been unsteady because of the strengthened crackdown on smugglers, causing an increase in prices.” He cited gasoline and other oil imports from Russia as cause for the noticeable decline in oil prices, noting that people are relieved that the cost of fuel did not rise along with that of rice as predicted. As of last month, gasoline traded for 11,000 KPW [1.36 USD] per kilogram, while diesel fetched 9,000 KPW [1.11 USD], but prices now stand at 8,450 KPW [1.04 USD] and 5,200 KPW [0.64 USD], respectively, according to the source. The rise in rice prices had become a source of concern, but the cheaper oil has provided much relief to many including wholesale vendors and truck operators, explained the source. 
“Before the price of rice begun to crawl up in mid-April, the cost was relatively stable, making things much more manageable for people,” the source said. However, the recent tightening of surveillance on the borders has not surprised many, with people complaining about the routine crackdowns that pose challenges to their everyday lives.“Many of the smugglers have gone under these days or have been caught. The result has been an increase in the price of rice,” the source said, going on to point out how the recent hike highlighted the pronounced influence smuggled rice has on market prices. 
“People have been showing mixed feelings about the officials who are pushing ahead with the crackdowns. Some say these officials are only interested in safeguarding their own interests while taking advantage of the citizens. While others say they have no choice since they have to fulfill mandates from authorities above them, even if they are fully aware that people cannot survive without the jangmadang (market),” the source added.In regard to the crackdown on borders, a source in Dandong said, “The recent clampdown was implemented by North Korean authorities in order to prevent information from outside the country trickling in and that from within getting out,” adding that traders selling rice to North Korean smugglers have “taken a pounding” as a result of the crackdown.  

 

Queensland rice growers join national association with hopes to build export market


Posted Mon at 9:39pm
After seven years of trials, rice growers in North Queensland could soon develop a strong export market.
About 13 cane farmers, mostly from the Burdekin, are growing rice as a rotational crop, and now have their own interim branch of the Ricegrowers' Association of Australia.The branch hopes to fuel expansions, to help fill international demand, but rice is also giving growers another option as the sugar marketing battle continues to rage.
Media player: "Space" to play, "M" to mute, "left" and "right" to seek.
   00:00           
 00:00        
Description: Description: Andrew Barfield checking moisture content at his trial rice crops
This year, cane farmers in the Burdekin region are expected to produce about 2,500 tonnes of rice, which is fed into their own local rice mill.Most of the rice in Australia is sold to Ricegrowers Limited and marketed under SunRice, and the majority is exported to 60 countries.Dean Logan, executive director of the Ricegrowers' Association of Australia, said Queensland could soon play a major role."We know that SunRice's export potential is in and around 1.1 million tonnes a year, and in the Riverina at the moment, we're projected to grow 720,000 metric tonnes this year," he said.

"So SunRice needs to find that 300,000 or 400,000 tonnes of rice grown in Australia, and their commitment is to find that rice in Australia as Australian-grown rice, so Queensland holds huge potential."He said the new interim branch, which is expected to become fully-fledged in six months, was already attracting interest from potential members, and helping allay concerns that rice was a threat to the cane industry."Cane has been a part of the community for decades, and so whenever you do bring in a crop that the scale that could potentially be achieved... there's always going to be some level of scepticism," Mr Logan said.The rice in Queensland is cultivated through aerobic growing, meaning it is grown on well-drained beds, and does not rely on flood irrigation.But any extra irrigation costs spell big bills for farmers.Mr Logan said bringing Queensland into the national association would help farmers access water efficiency methods.

"The Ricegrowers' Association has delivered between $50 million and $60 million worth of on-farm irrigation efficiency programs. Rice farmers in the Riverina are using 50 per cent less water than any other rice farmers in the world," he said."It's just a matter of now of transferring some of those skills and that intellectual capital and that research to Queensland."Burdekin cane grower Philip Marano is planning to plant 14 hectares of rice late next month for the first time, and expects to sign a contract with SunRice is the next couple of weeks.

He said irrigation costs were making the cane industry unviable, but said the figures "still make sense" to water and grow rice as a secondary income."I think the fact that you can earn extra income from what is usually fallow ground, that for six months of the year is non-productive... just gives you that extra income on top of your cane," he said.Mr Marano said there were about six local growers who had produced rice commercially, and they appeared to be doing well."It seems to be easy to grow; it will be a learning experience for me," he said.Mr Marano disputed the idea that rice was a threat to cane, but said, however, it could be a fallback crop if issues with sugar marketing were not resolved."We are going through a pretty bitter dispute with Wilmar about marketing, and it (rice) certainly does give growers another option if our negotiations with Wilmar don't pan out they way we would hope," he said.
http://www.abc.net.au/news/2015-05-19/queensland-rice-growth/6480682

Local palay output seen declining

Local production of palay might decrease by 1.3 percent year-on-year in the first semester as hot weather is driving a contraction in harvest area, according to the Philippine Statistics Authority.PSA data show that as of the first quarter, the Philippines produced 4.27 million tons of paddy rice, an increase of 1.4 percent.But in the first three months of 2015, the harvest area decreased by almost 1 percent to 1.15 million hectares although yield increased by 2.3 percent to 3.8 tons per hectare.“Significant increments in [first-quarter] production were noted in Mimaropa, Cagayan Valley, Central Luzon and Ilocos Region,” the PSA reported.This was attributed mainly to the availability of seeds, both from the government and from commercial suppliers, as well as the sufficiency of water supply in those regions.For the six months to June, the PSA said the volume is expected at 8.27 million tons.During the first half, the harvest area is expected to contract by 1.5 percent to 2.07 million hectares, while the yield is seen inching up by 0.2 percent to 4 tons per hectare.For the second quarter alone, the PSA forecasts a 4.2-percent drop in output, which is expected at 3.9 million tons.

From April to June, harvest areas may shrink by 2.3 percent to 939,000 hectares while yield may decrease by 2 percent to 4.25 tons per hectare.“In Soccsksargen, some palay areas at vegetative stages were damaged by the dry spell felt throughout the region,” the PSA said, “There were delayed planting activities in South Cotabato and Sultan Kudarat due to temporary closure of some NIA (National Irrigation Administration) irrigation facilities.”Also, the PSA expects cutbacks in the harvest area in Mimaropa, Central Luzon and Bicol due to insufficient water supply and intense heat in most of the provinces.Further, a contraction in harvest area in Western Visayas is anticipated due to insufficient water supply and shifting to other crops such as mongo and watermelon.“In Northern Mindanao, the ongoing rehabilitation of irrigation canals and dry spell may reduce plantings in irrigated and rain-fed areas, respectively,” the PSA said.“Yield of standing crops in Caraga may be affected by insufficient soil moisture and incidence of black bugs and leaf blight,” the agency added.

Mekong faces drought, salinity

VietNamNet Bridge – The ongoing drought has seriously affected farms and households in the Mekong Delta, causing water shortages for thousands of families in the provinces of Kien Giang, Ca Mau, Ben Tre and Tien Giang.


Farmland in Ca Mau Province is drying up and cracking due to the long-lasting drought that has seriously affected farms and households in the Mekong Delta, causing water shortages for thousands of families.
Description: Description: Mekong Delta, drought, salinity, freshwater, water shortagesAbout 400,000 ha of land under agricultural production in the provinces have been affected by the prolonged drought and salt water infiltration, according to figures from the Sai Gon Giai Phong (Liberated Sai Gon) newspaper.The salinity in the early dry season at estuaries in the Mekong Delta was one to 10g per litre (0.1 to 1 per cent) higher than the same period last year.In Ben Tre Province, water with 0.4 per cent salinity has infiltrated 50 km deep inland, raising salinity levels to 0.2 per cent in canals in fields along estuaries and the coast.The acute drought has damaged thousands of hectares of rice fields and other crops in the province.If the saltwater enters Ba Lai River, which serves as a reservoir for freshwater for thousands of families, it could seriously affect residents of Ben Tre City and Chau Thanh District in the province.
As a precautionary measure, authorities in the province have closed 64 culverts and reinforced embankments along rivers.They are also monitoring the salinity of water in the river and irrigated rice fields.Saltwater has also entered the provinces of Soc Trang and Hau Giang, raising salinity levels in rivers.To protect rice fields, the Division of Agriculture and Rural Development of Long Phu District in Soc Trang Province has closed all culverts along rivers and canals in the district.The district authority has urged farmers to speed up harvests to avoid further losses as the drought will peak at the end of this month.More than 5,000 ha of the 13,000 ha of the spring-summer rice crop in Long Phu District have already been harvested. However, 30,000 ha of rice fields in Hau Giang Province could be affected by the drought and saltwater intrusion.

Nguyen Van Dong, director of Hau Giang's Agricultural and Rural Development, said farmers had sowed 40,000 ha of the 75,000 ha under the summer-autumn crop.Dong said authorities of commune and district levels have been urged to take measures to combat drought and saltwater intrusion.The director of Tra Vinh Province's Department of Agricultural and Rural Development, Tran Trung Hien, said the drought and salinity intrusion could affect nearly 9,200ha of summer-autumn rice crop, causing a 20-30 per cent loss.The provincial authorities of Vinh Long have asked authorities at the district level to identify the areas damaged by the drought and salinity and map out plans to respond to the crisis.

They were also asked to focus on supply of clean water for daily activities of residents in the districts of Tra On and Vung Liem.Le Van Hai, the head of forest management in Ca Mau Province, said recent rain showers at cajeput forests were insufficient to increase moisture in the soil. Instead, the rains make alum, which is needed in cajeput forests, to leak from the soil, further raising the risk of fire.He said nearly 38,500 ha of forests in Ca Mau Province had been affected by drought and were at risk of fire.
VNS   
http://english.vietnamnet.vn/fms/environment/130896/mekong-faces-drought--salinity.html


SunRice’s Tully Rice Field Day hailed a success

distributed by noodls on 19/05/2015 01:16
 SunRice's Tully Rice Field Day was held on Friday 8th May and was a resounding success. More than 85 people were in attendance at the Tully Country Club to take in a day of presentations followed by a field visit to a rice farm and a research and development trial site.The Tully Rice Field Day provided a unique opportunity for local growers, suppliers and people from the agribusiness industry to learn about SunRice's plans for growth in North Queensland and how to add rice into their farming system as a complementary crop.

Attendees heard from SunRice's General Manager, Grower Services, Mike Hedditch about the company's plans for the development of a sustainable rice industry in Queensland. Mr Hedditch's presentation was very well received and included an introduction to SunRice, its capabilities and operations infrastructure, its innovative marketing, its range of products, and why the company has chosen to invest in Blue Ribbon and in North Queensland. SunRice's Brandon Mill Manager Steve Rogers also presented on aerobic rice production, including rain-fed systems, as well as fitting rice rotations into the farming system.As well the presentations from SunRice, attendees heard from Rice Research Australia's Antony Vagg, who gave an interesting overview of the latest in rice research and development and alternative methods for stubble management. Antony was also able to shed light on grower questions about suitable rice varieties for Queensland conditions and spoke about variety development underway for Northern Australia.Following the formal presentations, 50 attendees visited a local rice farm and a trial site to see first-hand some of the rice varieties being tested and developed and the farming systems in place.

http://www.noodls.com/view/C12B38A90C713B4164A761A87BE630202CB92B61?2225xxx1432004111#sthash.6IPbG27W.dpuf



Thai govt to sell 2 million tons of rice in two months


BY EDITORON 2015-05-19THAILAND

BANGKOK, 19 May 2015 (NNT) – The government is preparing to release another 2 million tons of rice within the next two months, in order to minimize effects on the new rice crop due this month.Chutima Bunyapraphasara, the permanent secretary of the Ministry of Commerce, disclosed after Monday’s meeting of the rice management and policy committee that the meeting had discussed the release of 16 million tons of rice in the government’s stockpile. Of the figure, 5 million tons are high-quality rice. Two million tons have already been sold, and another two million will be sold within two months.Meanwhile, more than 10 million tons of rice in the stockpile are of low quality.

The Ministry of Commerce will have surveyor companies inspect this portion of rice to determine whether the rice can be used as human or animal food. If not, this portion of rice will be sold to ethanol or alcohol factories.The Ministry of Commerce expects to fetch about 200 billion baht from the sale of all 16 million tons of rice in stock, which was acquired at a cost of about 600 billion baht during the past government.
The government has been able to sell 3.4 million tons of rice since the start of the year. The commerce ministry expects to sell the rice at between 8,200-8,500 baht per ton

http://news.thaivisa.com/thailand/thai-govt-to-sell-2-million-tons-of-rice-in-two-months/87083/

Saudi rice imports from India rise 58% to SR4.5bn in 2014


Description: Description: rice-export.jpgThe value of Saudi rice imports to the Kingdom from India grew by 58 percent, reaching $1.19 billion (SR4.46 billion) by the end of 2014, compared to $752.67 million (SR2.82 billion) in 2013, according to Indian Consul General Bawa Syed Mubarak.Speaking to local media, the Indian diplomat said that Saudi rice imports from India dropped by 1 percent in 2013, due to the emergence of certain obstacles but jumped to record levels in the following year (2014).“At the global level, Indian rice exports fetched $7.78 billion (SR29.17 billion) in 2014, comprising a growth rate of more than 25 percent in one year, of which the Saudi share exceeded 15.35 percent,” Mubarak said.
The diplomat stressed that the Saudi market is considered a key importer of Indian rice worldwide. He noted that rice represented nearly 10 percent of the overall Indian exports to the Kingdom.The volume of trade exchange between the two countries reached more than $48.62 billion, where Indian exports to the Kingdom amounted to $12.21 billion by the end of 2014 in total, an increase of 12 percent, whereas Saudi exports to India reached $36.40 billion, an increase of 8 percent relative to previous years.
http://www.hellenicshippingnews.com/saudi-rice-imports-from-india-rise-58-to-sr4-5bn-in-2014/


Govt to release 2m tonnes of rice


The Nation May 18, 2015 4:48 pm

The Commerce Ministry plans to auction 2 million tonnes of rice from the 16-million tonne stockpiles within the next two months.Commerce Permanent Secretary Chutima Bunyapraphasara said that the release was approved today by the National Rice Policy Committee, which is chaired by Prime Minister Gen Prayut Chan-o-cha. She is convinced that the auction would not further pressure rice prices, as the second crop will be in the market this month. Paddy rice price is expected to remain at Bt8,200-Bt8,500 a tonne.She is confident that Thailand’s rice exports this year would reach the 10 million-tonne target, following the 3.4 million-tonne shipments in the first five months. She said that over 10 million tonnes in the stockpiles have degraded. Surveyors will be invited to a discussion soon, to find ways that will minimise the government’s losses.

http://www.nationmultimedia.com/business/Govt-to-release-2m-tonnes-of-rice-30260374.html


Nagpur Foodgrain Prices Open- May 18

Nagpur, May 18 Gram and tuar prices reported higher in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on good seasonal buying support from local millers amid weak
supply from producing regions. Healthy hike on NCDEX in gram prices, fresh rise in Madhya
Pradesh pulses and repeated enquiries from South-based millers also boosted prices, according to
sources.

               *            *              *              *

    FOODGRAINS & PULSES
    GRAM
   * Gram varieties showed weak tendency in open market here on lack of demand from local
     traders amid good supply from producing regions.

     TUAR
   * Tuar varieties declined in open market here in absence of buyers amid ample stock in
     ready position. Reports about good overseas arrival also affected prices.  
  
   * Masoor and moong varieties reported strong in open market on increased marriage
     season demand from local traders amid thin supply from producing belts.
                                                                                           
   * In Akola, Tuar - 7,200-7,500, Tuar dal - 9,900-10,300, Udid at 9,100-9,600,
     Udid Mogar (clean) - 10,700-11,100, Moong - 9,000-9,200, Moong Mogar
    (clean) 10,700-11,100, Gram - 4,100-4,400, Gram Super best bold - 6,000-6,200
     for 100 kg.

   * Wheat, rice and other commodities remained steady in open market
     in poor trading activity, according to sources.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg

     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                   3,500-4,490         3,500-4,410
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                5,700-7,400         5,630-7,320
     Moong Auction                n.a.                6,000-6,300
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            6,300-6,500        6,500-6,700
     Gram Super Best            n.a.               
     Gram Medium Best            6,000-6,200        6,300-6,400
     Gram Dal Medium            n.a.            n.a.
     Gram Mill Quality            5,300-5,500        5,500-5,700
     Desi gram Raw                4,500-4,650         4,600-4,750
     Gram Filter new            6,000-6,100        6,100-6,200
     Gram Kabuli                5,000-6,800        5,000-6,800
     Gram Pink                6,300-6,500        6,300-6,500
     Tuar Fataka Best             10,500-10,800        10,600-10,900
     Tuar Fataka Medium             10,000-10,300        10,100-10,400
     Tuar Dal Best Phod            9,500-9,800        9,500-9,900
     Tuar Dal Medium phod            9,000-9,350        9,000-9,400
     Tuar Gavarani New             7,700-7,800        7,800-7,900
     Tuar Karnataka             7,900-8,000        8,000-8,100
     Tuar Black                 10,700-11,000           10,700-11,000
     Masoor dal best            8,100-8,300        7,900-8,100
     Masoor dal medium            7,500-7,800        7,200-7,500
     Masoor                    n.a.            n.a.
     Moong Mogar bold               11,000-11,500       11,000-11,400
     Moong Mogar Medium best        10,200-10,600        10,200-10,500
     Moong dal Chilka            9,200-9,750        9,200-9,700
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            9,600-9,900        9,500-9,800
     Udid Mogar Super best (100 INR/KG)    11,200-11,600       11,200-11,600
     Udid Mogar Medium (100 INR/KG)    9,900-10,600        9,900-10,600
     Udid Dal Black (100 INR/KG)        8,500-8,900        8,500-8,900
     Batri dal (100 INR/KG)        4,400-4,600        4,400-4,600
     Lakhodi dal (100 INR/kg)           3,200-3,350         3,200-3,350
     Watana Dal (100 INR/KG)        3,200-3,450        3,200-3,450
     Watana White (100 INR/KG)        2,450-2,625         2,450-2,625
     Watana Green Best (100 INR/KG)    3,700-4,800        3,600-4,800
     Wheat 308 (100 INR/KG)        1,500-1,800        1,500-1,800
     Wheat Mill quality(100 INR/KG)    1,950-2,050        1,950-2,050
     Wheat Filter (100 INR/KG)        1,500-1,700           1,500-1,700
     Wheat Lokwan best (100 INR/KG)    2,250-2,550        2,250-2,550
     Wheat Lokwan medium (100 INR/KG)    2,100-2,350        2,100-2,350
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-3,750        3,200-3,750
     MP Sharbati Medium (100 INR/KG)    2,700-3,000        2,700-3,000
     Wheat 147 (100 INR/KG)        1,400-1,500        1,400-1,500
     Wheat Best (100 INR/KG)        2,000-2,200        2,000-2,200    
     Rice BPT New(100 INR/KG)        2,500-2,800        2,500-2,800
     Rice BPT (100 INR/KG)               3,000-3,300        3,000-3,300
     Rice Parmal (100 INR/KG)        1,600-1,800        1,600-1,800
     Rice Swarna new (100 INR/KG)      2,100-2,400        2,100-2,400
     Rice Swarna old (100 INR/KG)      2,500-2,700        2,500-2,700
     Rice HMT new(100 INR/KG)        3,300-3,700        3,300-3,700
     Rice HMT (100 INR/KG)               4,000-4,400        4,000-4,400
     Rice HMT Shriram New(100 INR/KG)    4,200-4,500        4,200-4,500
     Rice HMT Shriram old (100 INR/KG)    4,600-5,200        4,600-5,200    
     Rice Basmati best (100 INR/KG)    8,000-10,000        8,000-10,000
     Rice Basmati Medium (100 INR/KG)    6,000-7,500        6,000-7,500
     Rice Chinnor new (100 INR/KG)    4,600-5,200        4,600-5,200
     Rice Chinnor (100 INR/KG)        5,600-6,000        5,600-6,000
     Jowar Gavarani (100 INR/KG)        2,200-2,300        2,100-2,200
     Jowar CH-5 (100 INR/KG)        2,400-2,550        2,300-2,450

WEATHER (NAGPUR) 
Maximum temp. 42.1 degree Celsius (107.8 degree Fahrenheit), minimum temp.
26.2 degree Celsius (79.2 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 27 degree Celsius respectively.

Note: n.a.--not available

(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)



USA Rice Cooks Up Contacts at Restaurant Convention   

Katie Maher talks with a specialty food manufacturer.

CHICAGO, ILLINOIS -- USA Rice staff were among the more than 65,000 foodservice professionals at the National Restaurant Association 2015 Show here this year. More than 2,000 exhibitors showed off all manner of foods, drinks, equipment, and gadgets for the restaurant industry. USA Rice members Riceland and Riviana exhibited, performed cooking demonstrations, and handed out samples to the crowds. In addition to these members, USA Rice staff visited with representatives of several major rice customers and potential customers including Sysco, Taco Bell, Kellogg's, and several rice flour end users. Staff also attended learning sessions on topics including food trends, consumer perceptions of authentic cuisines, and using social media effectively to communicate with "foodies."

With the touch of a button
One of the technical highlights of the show were automated sushi machines that produced and packaged individual pieces of sushi. When asked if the machine was using California rice the exhibitor replied, "of course we are." "As we look to expand our foodservice programs, attending this show was invaluable," said Katie Maher, manager of domestic promotion for USA Rice who attended the conference. "We were able to get a good handle on the foodservice universe, to see what's possible, what we should pursue, and what we can skip given the resources available to us." Maher said the gluten free section of the trade show continues to expand, with most of the exhibitors using some sort of rice flour. Many had food safety questions and were happy to make connections with USA Rice to serve as a resource for good, scientific information.

Contact:  Michael Klein (703) 236-1458

CME Group/Closing Rough Rice Futures   


CME Group (Prelim):  Closing Rough Rice Futures for May 19
Month
Price
Net Change

July 2015
$9.650
- $0.145
September 2015
$9.915
- $0.145
November 2015
$10.165
- $0.145
January 2016
$10.425
- $0.135
March 2016
$10.490
- $0.135
May 2016
$10.490
- $0.135
July 2016
$10.490
- $0.135

 

Tanzania’s rice export potential underutilised


Published on Tuesday, 19 May 2015 01:15
Written by STAFF WRITER 
TANZANIA’S great potential to feed the entire East African region with rice is largely underutilized, says the Secretary General of the East African Community, Dr Richard Sezibera.Speaking in Dar es Salaam last week, Dr Sezibera said Tanzania’s rice was the most sought product in the region but their imports were being blocked in Kenya and Uganda due to doubts on genuineness as there were cases of some dishonest traders mixing it with low quality imports from Pakistan.“Tanzania’s rice is the most sought product in the region but when people find it is mixed with Pakistan rice they cause uproar,” he said at a consultative meeting with the business community members organised by Tanzania Private Sector Foundation.

He said the traders themselves were to blame for the problem they were facing in accessing the huge market in Kenya and Uganda as some had betrayed the trust they enjoyed due to cheating.This is a self imposing... self created problem,” he said noting however that he would take up the matter for addressing it with relevant authorities.Dr Sezibera said however despite the problem, the business community had not yet utilized the potential to supply the region with rice.“This is one product that Tanzania should be dominant in the region,” he said at a consultative meeting with the business community members in Dar es Salaam last week.He said the private sector in Tanzania should make optimal use of the potential by increasing productivity as there was no area in the region that could produce rice to match that produced in Tanzania in terms of quality.
There is no one product that have demand in the region as rice from Tanzania,” he said.Rice is the second most important food and commercial crop in Tanzania after maize. It is among the major sources of employment, income and food security for Tanzania it is among the major sources of employment, income and food security for Tanzania farming households.Tanzania at the moment, tops the entire East African Region in rice production. It produces over one million tonnes of rice per annum and is second only to Madagascar which leads with an astounding 4.3 tonnes of yearly rice production, according to available statistics.
However, rice production mainly done by small and medium size rice farmers, is characterised with low productivity with the average yield per hectare from 2003- 2012 at 1.8 tonnes per hectare, according to information by Private Agricultural Sector Support Trust.The potential rice area is estimated at 2-3 million hectares, but at present only 720,000 Ha is under production.Rice is mostly grown in Mwanza, Shinyanga (Bariadi & Maswa), Morogoro (Kilombero, Wami - Dakawa), Tabora (Igunga), Kilimajaro (lower Moshi), Coast (Rufiji, Lindi), Mbeya (Mbarali, Kyela, Kapunga) and Rukwa Regions.However there have been a number of large scale mechanized rice schemes in the country which are mainly for export. About 25 per cent of the national rice production comes from Mbeya and Morogoro regions

http://www.dailynews.co.tz/index.php/biz/45017-tanzania-s-rice-export-potential-underutilised


Exports to EU up 21 percent in 2014: Dastgir


May 19, 2015
RECORDER REPORT
Commerce Minister Khurram Dastgir on Monday said that imports stood at $34 billion during July-March 2014-15 and there has been a 21 percent rise in exports to the European Union in 2014, which translates into an additional export of $1.3 billion, the minister told the National Assembly in a written reply. The minister said that average mill consumption of last five years (2010-14) is 14.27 million bales of 170-kg (2426000 MT) while average imports of cotton during 2010-14 are 1.77 million bales of 170-kg (302000 MT). He said average exports during 2010-14 were recorded at 0.903 million bales, 154000 MT of cotton. However, the minister said there are many reasons behind the decline in exports during the said period.

He said there has been a global trend of decrease in prices of cotton and rice. These commodities have seminal importance in Pakistan's exports and decrease in prices has adversely affected Pakistan's exports, he added. He said that the average unit price (AUP) of non-basmati rice, which constitutes 70 percent of Pakistan's rice exports by value, declined by 2 percent; similarly, the AUP of cotton and yarn has declined by 78 percent and 10 percent, respectively. The minister said the price of agricultural commodities declined and the cost of production in Pakistan increased due to rise in energy and other input costs. Pakistan's ranking in Global Competitiveness Index decreased from 128th in 2013-14 to 129th in 2014-15. Khurram Dastgir said the appreciation of Pak Rupee during the period July-January of the current financial year as compared to the corresponding period of previous year has made Pakistan's exports less competitive.
The average exchange rate of USD vs PKR, during the period July 2014 to January 2015 remained 100.183 as compared to 104.076 during the corresponding period of the previous year. He said the reason behind decline of export is also lack of research and development. India has developed many basmati and basmati-look-alike (non-basmati) varieties during last few years whereas Pakistan has failed to develop any basmati variety during last 30 years. Consequently, the traditional markets of basmati rice are being gradually grabbed by India with high-yielding basmati varieties, he said. 

The House was also informed that an amount of Rs 80 billion will be incurred for the rehabilitation of the Temporarily Displaced Persons (TDPs) over a period of three years. Answering a question, Parliamentary Secretary for Cabinet Secretariat Raja Javed Ikhlas said that Rs 20 billion have so far been released in this regard and the remaining amount will be released accordingly. He said that 191,183 TDPs have been repatriated to FATA so far. He said the work is also under way for the reconstruction of the destroyed infrastructure. Responding to a question, Adviser on Foreign Affairs Sartaj Aziz said an invitation has been sent to the Russian President Vladimir Putin for visit to Pakistan. He has accepted the invitation in principle but a mutual convenient date for the visit has not yet been decided. He said during the visit co-operation projects in the field of energy, defence and commerce will materialize

http://www.brecorder.com/top-stories/0/1187895/


Pakistan to continue assisting quake-hit Nepal: NDMA

May 19, 2015

Description: Description: http://nation.com.pk/print_images/large/2015-05-19/pakistan-to-continue-assisting-quake-hit-nepal-ndma-1431997407-3709.jpgISLAMABAD - Besides establishing a 30-bed field hospital, Pakistan has so far dispatched 12 sorties of C-130 aircraft to the quake-hit Nepal with a sizeable quantity of relief goods and medical assistance.The National Disaster Management Authority (NDMA) in a report to Prime Minister Mohammad Nawaz Sharif on Monday said that the air effort should continue till completion of the assigned task by the government.
The report mentioned the relief measures including a 30-bed field hospital with 50-members team comprising of doctors including child specialists, orthopaedic surgeons, gynaecologists, anaesthetists, radiologists, paramedics and technicians.
The medical team worked round the clock and treated over 2700 patients and conducted 32 operations.The Nepalese Army Chief also appreciated the work during his visit to the hospital, the report said.A 38-members Urban Search and Rescue Team with latest equipment, ground penetrating radars, concrete cutters and other rescue equipment were immediately sent and worked at five sites and rescued trapped people.Out of 3,000 tents, 1849 have been transported along with 15 shelters, 1000 blankets, three tons of food, 0.5 tons of lentils, 12.

5 tons of medicines, 3024 litres of water, besides rice and tarpaulin shelters.
The NDMA plans to transport the remaining 1151 tents, 29,250 tarpaulin shelters and 18 tons of rice with the assistance of Pakistan Air force in the coming days.An earthquake of 7.8 magnitude devastated Nepal on April 25 that was followed by a series of after-shocks including a major one of 7.3 magnitudes on May 12.Around 8,462 deaths have been reported while 20,000 reported injured, 489,000 homes destroyed and another 260,000 damaged.
On the directives of Prime Minister Muhammad Nawaz Sharif, a very proactive stance was adopted by Pakistan from day one.

Pakistan responded within 19 hours of the incident by sending two aircraft of Pakistan Air Force carrying a field hospital and an Urban Search and Rescue Team with latest rescue equipment.Pakistan was amongst the first few countries to have sent a 30-bed field hospital to the earthquake-affected areas.The Chairman NDMA, on the direction of the Prime Minister also accompanied one of the relief flights to Nepal and met the Nepalese Army Chief and Foreign Minister to express solidarity with the people of Nepal.
He assured them of Pakistan’s continued support in these difficult times.The Nepalese government officials were very appreciative of Pakistan’s efforts and expressed their gratitude, the report adds.The Pakistan Air Force also ferried to Nepal seven Nepalese doctors studying at King Edward University free of charge as a goodwill gesture.The NDMA also acknowledged the excellent joint collaboration between the National Disaster Management Authority, Ministry of Foreign Affairs, Pakistan Army and Pakistan Air Force.
http://nation.com.pk/islamabad/19-May-2015/pakistan-to-continue-assisting-quake-hit-nepal-ndma

Ousted Thai PM Yingluck defends rice program at start of criminal trial


Former Thai Prime Minister Yingluck Shinawatra greets journalists as she arrives at the Supreme Court in Bangkok on Tuesday. She is on trial for criminal negligence and potentially faces a decade in jail if convicted. | AFP-JIJI
ASIA PACIFIC / CRIME & LEGAL
AFP-JIJI
MAY 19, 2015

BANGKOK – Thailand’s ousted prime minister Yingluck Shinawatra insisted on her innocence Tuesday at the start of a trial that could see her jailed for a decade, part of what some observers say is a vendetta against her family.It is the latest legal move against Yingluck — sister of fugitive billionaire ex-premier Thaksin Shinawatra — whose administration was toppled in a military coup nearly a year ago.A guilty conviction could deliver a hammer blow to the political dominance of her family, but it also risks stirring up their grass-roots “Red Shirt” supporters who have remained largely inactive since the military took over.Around 50 supporters gathered outside Thailand’s Supreme Court on the northern outskirts of Bangkok including more than a dozen members of Yingluck’s Pheu Thai Party, a highly unusual sight in a country where political gatherings of more than five people remain banned by the junta.Many burst into applause and shouts of “Yingluck, fight, fight!” when her convoy pulled up outside the courthouse for the trial, which is expected to last months.“I am confident that I am innocent and I hope the court will give me justice and allow everything to proceed in accordance with the law,” Yingluck told reporters.The ousted premier is accused of criminal negligence over a populist rice subsidy scheme, which paid farmers in the rural Shinawatra heartland twice the market rate for their crop.She is not accused of personal corruption but of failing to prevent alleged graft within the programme, which cost Thailand billions of dollars and galvanised protests against her elected government prior to last May’s coup. The charge carries up to 10 years in jail.
Description: Description: http://jto.s3.amazonaws.com/wp-content/uploads/2015/05/f-BRI-thaipm-a-20150520-870x657.jpgDuring the brief hearing, Yingluck spoke only to plead not guilty. The court granted 30 million baht ($900,000) bail on condition that she will not leave Thailand without written permission, and the next hearing was scheduled for July 21.Thailand’s military-appointed parliament impeached Yingluck in January over the scheme, a move which banned her from politics for five years.“I believe a hawkish faction in the old powers . . . wants to punish the Shinawatras as much as they can,” said Puangthong Pawakapan, a Thai politics expert at Chulalongkorn University.
“But keepi
ng her in prison will definitely anger the Red Shirts even more,” she added.Other analysts say the mere threat of jail may be used to discourage the Shinawatras from re-engaging in politics.Yingluck herself has said the rice scheme “lifted the quality of life for rice farmers” in the poor northeast of a country where subsidies to farmers have long been a cornerstone of Thai politics.The army takeover last year was the latest twist in a decade of political turbulence that broadly pits a Bangkok-based elite, backed by parts of the military and judiciary, against poor urban and rural voters, particularly in the country’s north, who are fiercely loyal to the Shinawatras.

Thaksin was himself toppled by a previous coup in 2006 and now lives in self-exile to avoid jail on a corruption charge.As Yingluck went into court, Thaksin made rare public comments at a conference in South Korea calling on Asian nations to embrace the “rule of law.”“The key to good governance and democracy is you have to strike a balance” between the judicial, legislative and executive branches, he said at the Asian Leadership Conference.“And also you have to observe the rule of law, which is a very important asset for each country to be credible,” he added.His comments did not specifically refer to Thailand but are nonetheless likely to chime with his so-called “Red Shirt” supporters who have long accused Thailand’s judiciary of unfairly targeting their movement.The Shinawatras, or parties allied to them, have won every Thai election since 2001.
But their opponents accuse them of cronyism, corruption and financially ruinous populist policies.As a result, the Shinawatra family have faced two coups and the removal of three of their premiers by the Thai courts, while several deadly rounds of protest have rocked Bangkok and weighed on the Thai economy.Former prime minister Somchai Wongsawat, brother-in-law to Yingluck and Thaksin, is also due to enter a plea on Thursday to criminal charges over a crackdown against anti-Shinawatra protesters in 2008.

http://www.japantimes.co.jp/news/2015/05/19/asia-pacific/crime-legal-asia-pacific/ousted-thai-pm-yingluck-defends-rice-program-start-criminal-trial/#.VVxEFvlVikp


11 million tonnes of govt rice stockpile 'substandard'


19 May 2015 at 17:32

Grain in some of the sacks stored at a warehouse in Phitsanulok's Wat Bot was rotten and had turned to powder when tested in February 2014. (Bangkok Post file photo)

The Commerce Ministry has found 11 million tonnes of substandard rice in its stockpile accumulated during the previous government, and estimated the total worth at 400 billion baht in lost sales.Commerce permanent secretary Chutima Bunyapraphasara said the Rice Policy and Management Committee meeting, chaired by Prime Minister Prayut Chan-o-cha, agreed the government should sell 16 million tonnes of the rice in the stockpile.It wanted to release the grain as soon as possible as the storage cost was high at 30 million baht a day, or 60 baht a tonne.
She said of the total stock, five million tonnes were quality rice, of which 2.9 million tonnes had already been sold so there was about two million tonnes of the quality rice left. Another 11 million tonnes did not meet the quality standard of the stated grades.  The government expected to earn 200 billion baht from releasing the overall stockpile, so the loss would be around 400 billion baht as the cost was about 600 billion baht.
The implementation of the rice pledging scheme under the previous government, which offered payment well over the market rate,  resulted in an enormous stockpile of unsold rice.Then-prime minister Yingluck Shinawatra has been charged with dereliction of duty and abuse of authority in failing to stop graft and losses in the rice scheme under Section 157 of the Criminal Code and Section 123/1 of the 1999 Counter Corruption Act.Ms Yingluck appeared in the Supreme Court's Criminal Division for Holders of Political Positions on Tuesday and entered pleas of not guilty. She was allowed bail and the hearing was adjourned
Bangkok Post

Government Not Planning To Stop ST15 Rice Subsidy Programme - Tajuddin

 Published on Tuesday, 19 May 2015 17:31
Description: Description: http://328744392.r.worldcdn.net/images/stories/new2/DAYANA3/rice.jpgKUALA LUMPUR -- The government is not planning to stop the ST15 rice subsidy programme yet so as to protect the interest of various parties, including 15,000 grocers nationwide. Deputy Agriculture and Agro-based Industry Minister Datuk Seri Tajuddin Abdul Rahman said the ministry appreciated views and recommendations on the rice subsidy programme, but also took into account the impact on related parties if the programme was stopped."Firstly 15,000 grocery stores nationwide, secondly 2,400 wholesale workers, 865 rice wholesalers including 607 Bumiputera small traders, 43 Bumiputera rice millers and 35,000 farmers who receive direct supply of ST15 under the 20kg quota per month," he said when replying Gooi Hsiao Leung (PKR-Alor Setar) in the Dewan Rakyat Teusday.Gooi asked whether the government would review the subsidy programme following recommendation from the Public Accounts Committee (PAC) to suspend the subsidy programme for failing to benefit the poor.
Tajuddin said the ministry, however, would continue to monitor and scrutinise the programme from time to time through the establishment of the Paddy and Rice Industries Affairs Main Committee, which comprise the ministry's permanent representatives, its agencies and Farmers' Organisation Authority."The committee is responsible to consider the ST15 rice quota to wholesalers. A technical committee will also be set up to inspect and evaluate the wholesalers from time to time," he said.On alleged distribution leakages, Tajuddin said 60,000 tonnes of ST15 rice produced would be distributed to wholesalers for onward distribution to retailers nationwide, every month."We don't think there are leakages because the wholesalers cannot keep the rice, if 60,000 tonnes for a month, how much for two or three months? They will not want to keep such a big amount of rice," he said.
Tajuddin said that if any elected representatives had evidence of fraud in the sale of ST15, they can directly lodge a complaint to the ministry or the Malaysian Anti-Corruption Commission (MACC).However, Tajuddin admitted that there were some weaknesses in the delivery system, especially in Sabah and Sarawak, with limited access problem to rural areas as well as the lack of personnel to carry out enforcement and monitoring activities.In addressing the smuggling problem of ST15 rice to neighboring countries, especially Indonesia, Tajuddin has asked leaders at the grassroots to play a proactive role to assist the ministry to curb such problems.

http://www.malaysiandigest.com/news/554313-government-not-planning-to-stop-st15-rice-subsidy-programme-tajuddin.html

Download/View On-Line the above News in pdf format,just click the following link