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Saturday, July 23, 2016
23rd July,2016 daily global,regional and local rice e-newsletter by riceplus magazine
Vietnam warned it may
yield to Myanmar in exporting rice
VietNamNet Bridge - Myanmar
has jumped into large markets, getting ready to become the No 1 in the world in
rice exports, according to Vo Tong Xuan, the leading rice expert.
|
Professor Vo Tong Xuan (second right) in Nigeria
|
According to Xuan, Myanmar has
great advantages in growing rice. Its land area is three times larger than
Vietnam’s while the soil quality is better. The country has a large river
network which ensures reasonable irrigation for rice fields. Meanwhile, the
labor cost and the other input costs are lower, which allows products at
competitive prices.
The big difference between Vietnam and Myanmar is that while Vietnamese farmers focus on growing high-yield rice varieties, Myanmar gathers strength on high-quality products despite the low yield.
Vietnamese farmers don’t want to grow high-quality but low-yield rice varieties like Thai, Myanmar and Cambodian farmers. They don’t like varieties with bring a low yield of 3 tons and allows harvest after 150 days. They prefer varieties which can bring 5-6 tons in yield and allow to harvest after 95 days.
Myanmar has bigger advantages than Vietnam in water sources: it is not affected by hydropower dams in China and does not bear influences from the Thai’s river current diversion.
The big difference between Vietnam and Myanmar is that while Vietnamese farmers focus on growing high-yield rice varieties, Myanmar gathers strength on high-quality products despite the low yield.
Vietnamese farmers don’t want to grow high-quality but low-yield rice varieties like Thai, Myanmar and Cambodian farmers. They don’t like varieties with bring a low yield of 3 tons and allows harvest after 150 days. They prefer varieties which can bring 5-6 tons in yield and allow to harvest after 95 days.
Myanmar has bigger advantages than Vietnam in water sources: it is not affected by hydropower dams in China and does not bear influences from the Thai’s river current diversion.
Vietnam has been
advised to focus on high-quality rice varieties and position Vietnam as the
exporter of high-quality rice.
|
Xuan said Myanmar is likely to
become the No 1 in the world in rice export and it is likely to outstrip
Thailand as well. Myanmar does not strive to export rice in large quantities,
but aims to make high-quality products.
Sources said that Myanmar has been trying to expand rice export markets, especially the EU. It also targets Kuwait, the countries in the Middle East and Africa, while the next markets would be Australia, Ukraine, Bangladesh, South Africa, India, Singapore and Malaysia.
Since 2012, China has been the major export market for Vietnam which consumes 1/3 of the total export volume. However, with the emergence of Myanmar, the market share held by Vietnam, Pakistan and Thailand in the market has fallen.
Vietnam has been advised to focus on high-quality rice varieties and position Vietnam as the exporter of high-quality rice.
However, Vietnam’s rice export strategy remains unchanged. This, according to Xuan, is attributed to several reasons.
First, Vietnamese farmers insist on growing high-yield and short-term rice varieties, and they don’t care much about quality.
Second, Vietnamese rice exporters have been following the principle ‘every man for himself’.
In other countries, the quality of rice exports is controlled by the state, and substandard products cannot be exported.
Meanwhile, in Vietnam, the standards for rice exports set up by state management agencies are sometimes ignored.
Sources said that Myanmar has been trying to expand rice export markets, especially the EU. It also targets Kuwait, the countries in the Middle East and Africa, while the next markets would be Australia, Ukraine, Bangladesh, South Africa, India, Singapore and Malaysia.
Since 2012, China has been the major export market for Vietnam which consumes 1/3 of the total export volume. However, with the emergence of Myanmar, the market share held by Vietnam, Pakistan and Thailand in the market has fallen.
Vietnam has been advised to focus on high-quality rice varieties and position Vietnam as the exporter of high-quality rice.
However, Vietnam’s rice export strategy remains unchanged. This, according to Xuan, is attributed to several reasons.
First, Vietnamese farmers insist on growing high-yield and short-term rice varieties, and they don’t care much about quality.
Second, Vietnamese rice exporters have been following the principle ‘every man for himself’.
In other countries, the quality of rice exports is controlled by the state, and substandard products cannot be exported.
Meanwhile, in Vietnam, the standards for rice exports set up by state management agencies are sometimes ignored.
http://english.vietnamnet.vn/fms/business/160459/vietnam-warned-it-may-yield-to-myanmar-in-exporting-rice.html
Monsoon surplus wiped out; southern trigger awaited
Vinson Kurian
Thiruvananthapuram, July 22:
The monsoon has forfeited the surplus built up over the country
as a whole thus far and is looking for a trigger to get going again from the
South Peninsula.
Region-wise, the surplus is 2 per cent over North-West India, 1
per cent over the South Peninsula, and 11 per cent over Central India as of
Friday. East and North-East India persisted with a deficit of -16 per cent.
Projections by the India Met Department suggest a fresh burst of
rains may materialise from the South during this week (July 21 to 25) from the
Andhra Pradesh and Tamil Nadu coasts.
North-west dry
Madhya Pradesh, adjoining Gujarat, East Rajasthan, Uttarakhand,
Punjab and Himachal Pradesh may witness a dry phase during the week, while
normal rains are indicated for West Rajasthan.
Heavy to very heavy rains will continue to lash parts of Uttar
Pradesh, Bihar and North-East India, the Met projections show. The last week of
July (26 to 30) would see rains consolidate over Peninsular India, grow into
west Madhya Pradesh, Gujarat, east Rajasthan, Uttar Pradesh, Uttarakhand,
Himachal Pradesh, and Punjab.
Below-normal rainfall is likely to occur during the next two
weeks over Saurashtra, Kutch, Konkan, Goa and Coastal Karnataka, says an
extended weather forecast brought out jointly by the Met, Indian Council of
Agricultural Research (ICAR) and the Central Research Institute for Dryland
Agriculture.
Meanwhile, the Met said that normal to excess rains are expected
in most parts of the country during the first 10 days of August, which is the
second rainiest month of the four monsoon months.
Two-week forecast
The detailed outlook for the next two weeks from the India Met
Dept, the ICAR and the Central Research Institute for Dryland Agriculture is as
follows:
Normal or above normal rainfall likely over Jammu & Kashmir,
Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, East Rajasthan, Uttar
Pradesh, Bihar, Jharkhand, Sub-Himalayan West Bengal, Sikkim, Assam, Meghalaya,
Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Madhya Pradesh, South
Interior Karnataka, Rayalaseema, Kerala and Tamil Nadu
http://www.thehindubusinessline.com/economy/agri-business/monsoon-surplus-wiped-out-southern-trigger-awaited/article8887376.ece
07/22/2016 Farm Bureau Market Report
Rice
High
|
Low
|
|
Long Grain Cash Bids
|
-
- -
|
-
- -
|
Long Grain New Crop
|
-
- -
|
-
- -
|
|
Futures:
|
|
Rice
Comment
Rice
futures gapped lower to end the week on a negative note. The market has come
under renewed pressure from a disappointing export report. USDA says only
33,800 tons were sold to foreign buyers during the week ended July 14. Volume
has been extremely light in recent weeks, and the disappointing report
certainly didn't bring any buyers to the market. Technically, November now
looks to be headed for a retest of support at $10.54.
Arkansas man named new chairman of USA Rice
Arkansas News Bureau
LITTLE ROCK — The board of directors of USA Rice, a national organization
that advocates for the rice industry, said Thursday it has chosen an Arkansas
rice merchant to be its new chairman.During its annual meeting last week, the board voted to give the position to Brian King of Erwin Keith Inc. of Wynne. On Aug. 1 King will replace outgoing chairman Dow Brantley, an Arkansas rice farmer.
Brantley said in a statement, “Brian is going to make a great chairman. He is well versed in U.S. rice industry issues, having served on the board of the USA Rice Merchants’ Association and as current chair of the USA Rice Western Hemisphere Subcommittee.”
King said Dow will continue to serve on the Agricultural Policy Advisory Committee, which provides advice to the government on trade policy matters.
King was elected to a two-year term.
http://arkansasnews.com/news/arkansas/arkansas-man-named-new-chairman-usa-rice
August 1st Deadline for ARC/PLC Enrollment
WASHINGTON, DC -- The U.S. Department of
Agriculture is reminding all farmers to enroll their farms in the Agriculture
Risk Coverage (ARC) or Price Loss Coverage (PLC) programs before the
deadline of August 1 to be eligible for 2016 crop
year payments.
Farmers should have already elected
to participate in ARC or PLC but will have to annually sign an enrollment
contract with their local USDA Farm Service Agency office to receive any
program benefits for that year. ARC and PLC serve as the primary farm
safety net tools available for rice farmers replacing counter-cyclical payments
following the passage of the 2014 Farm Bill.
Last year, USDA announced that 99
percent of long grain rice farms and 94 percent of medium grain farms elected
to participate in the PLC program for the duration of this Farm Bill.
Fortified Rice is a Game Changer
for Food Aid
WASHINGTON, DC -- Throughout the
last year, the global food supply chain has faced unprecedented pressure from
challenging weather conditions due to El Niño, the continued outpouring of
refugees from Syria and the Middle East, and a steep decline in oil and
commodity prices. The demand for not just food, but proper nutrition,
continues to grow exponentially. The U.S. is responding to that demand
with its agricultural bounty combined with new investment in nutritional
science to combat global micronutrient deficiencies, a condition called hidden
hunger.
The U.S. rice industry in
particular has always played a lead role in feeding the world, providing
hundreds of thousands of metric tons of rice to vulnerable populations.
Through a long term partnership with both the U.S. Department of Agriculture
(USDA) and the U.S. Agency for International Development (USAID), U.S. rice has
fed millions around the world through school feeding, agricultural value chain
development, and emergency relief programs. The new addition of a
fortified rice product to U.S. government feeding programs will feed more
people around the world, but more importantly, will also help eradicate some of
the most persistent micronutrient deficiencies that hold millions back from
proper development and growth.
Fortified rice is either a coated
or extruded kernel that contains eight critical micronutrients, including
Vitamin B, Vitamin A, and Iron. The kernel is then blended back in with
regular long grain rice in a way that provides optimal levels of
nutrition. Preliminary reports from U.S. Government field tests
acknowledge the effectiveness of fortified rice: it is accepted by those
consuming it because it tastes and looks like regular rice, and it is absorbed
in sufficient quantities to improve health and conquer hidden hunger.
"Work still remains to be done
on the procurement and logistical side for this new product to gain traction in
the food assistance supply chain," says Jamie Warshaw, USA Rice Food Aid
Subcommittee chairman. "We believe that fortified rice will increase
the demand for U.S.-grown rice and will be a game changer - for rice growers
and processors, for global feeding programs, and most importantly for the
beneficiaries of the improved nutritional qualities of rice. USA Rice is
committed to this effort and is working closely with U.S. Government entities
to ensure that fortified rice has the maximum impact on those in need."
APEDA AgriExchange Newsletter - Volume 1521
International Benchmark
Price
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Rice Prices
as on : 22-07-2016 08:10:36 PMArrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
|
Price
|
|||||
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
Rice
|
||||||
Bangalore(Kar)
|
1768.00
|
-4.69
|
150177.00
|
4200
|
4200
|
-2.33
|
Bhivandi(Mah)
|
1650.00
|
-13.16
|
16409.00
|
3000
|
3000
|
57.89
|
Mumbai(Mah)
|
1555.00
|
-29.92
|
6652.00
|
3600
|
3500
|
-
|
Bangarpet(Kar)
|
403.00
|
14.49
|
11147.00
|
1880
|
1880
|
18.99
|
Kanpur(Grain)(UP)
|
350.00
|
75
|
11280.00
|
2190
|
2200
|
0.23
|
Memari(WB)
|
222.00
|
3.74
|
4646.00
|
2100
|
2100
|
13.51
|
Bazpur(Utr)
|
200.00
|
-60.78
|
46257.21
|
2175
|
2300
|
-0.82
|
Asansol(WB)
|
135.00
|
1.5
|
2902.50
|
2500
|
2500
|
8.70
|
Durgapur(WB)
|
133.00
|
0.76
|
1987.00
|
2500
|
2500
|
8.70
|
Jasvantnagar(UP)
|
120.00
|
-14.29
|
3110.00
|
2270
|
2265
|
-0.44
|
Haathras(UP)
|
120.00
|
-7.69
|
855.00
|
2300
|
3250
|
9.52
|
Bahraich(UP)
|
110.00
|
-3.51
|
4822.00
|
2195
|
2190
|
6.55
|
Mathabhanga(WB)
|
100.00
|
NC
|
5340.00
|
2350
|
2150
|
20.51
|
Basti(UP)
|
97.50
|
-20.73
|
5443.50
|
2040
|
2035
|
6.53
|
Faizabad(UP)
|
95.00
|
-32.14
|
4119.50
|
2240
|
2200
|
-
|
Rampurhat(WB)
|
85.00
|
-5.56
|
1174.00
|
2200
|
2120
|
-
|
Etawah(UP)
|
60.00
|
-14.29
|
19370.00
|
2265
|
2265
|
-0.44
|
Kasimbazar(WB)
|
50.00
|
-0.99
|
2188.50
|
2360
|
2360
|
2.61
|
Goalpara(ASM)
|
45.70
|
-
|
45.70
|
2200
|
-
|
NC
|
Shikohabad(UP)
|
45.00
|
462.5
|
560.50
|
1610
|
2140
|
-21.46
|
Indus(Bankura Sadar)(WB)
|
45.00
|
-25
|
732.00
|
2500
|
2500
|
13.64
|
Karimganj(ASM)
|
40.00
|
100
|
1820.00
|
2200
|
2150
|
-4.35
|
Ballia(UP)
|
40.00
|
-20
|
7580.00
|
2025
|
2020
|
1.76
|
Khatra(WB)
|
38.00
|
-2.56
|
1104.00
|
2200
|
2200
|
NC
|
Chintamani(Kar)
|
33.00
|
-5.71
|
565.00
|
1950
|
2000
|
5.41
|
Lanka(ASM)
|
30.00
|
NC
|
3015.00
|
1800
|
1800
|
1.41
|
Beldanga(WB)
|
30.00
|
-6.25
|
2451.00
|
2350
|
2350
|
2.17
|
Gazipur(UP)
|
28.00
|
-22.22
|
2469.50
|
2110
|
2100
|
6.30
|
Meerut(UP)
|
27.50
|
25
|
605.00
|
2420
|
2225
|
10.50
|
Bidar(Kar)
|
25.00
|
-10.71
|
97.00
|
2300
|
2400
|
NC
|
Amroha(UP)
|
25.00
|
38.89
|
69.00
|
2400
|
2375
|
15.94
|
Lohardaga(Jha)
|
22.50
|
9.76
|
1214.00
|
1700
|
1750
|
-10.53
|
Dhekiajuli(ASM)
|
22.00
|
37.5
|
1323.60
|
2000
|
2000
|
NC
|
Gulbarga(Kar)
|
22.00
|
4.76
|
107.00
|
2100
|
2100
|
2.44
|
Falakata(WB)
|
22.00
|
60.58
|
406.00
|
2110
|
2100
|
0.48
|
Diamond Harbour(South 24-pgs)(WB)
|
22.00
|
4.76
|
1149.50
|
2300
|
2200
|
6.98
|
Kolaghat(WB)
|
21.00
|
NC
|
839.00
|
2300
|
2300
|
4.55
|
Yusufpur(UP)
|
20.00
|
33.33
|
939.00
|
2040
|
2040
|
2.51
|
Tamluk (Medinipur E)(WB)
|
20.00
|
NC
|
858.00
|
2300
|
2300
|
9.52
|
Sirsa(UP)
|
18.00
|
24.14
|
584.50
|
2170
|
2165
|
2.84
|
Madhoganj(UP)
|
18.00
|
-12.2
|
330.00
|
2140
|
2160
|
-
|
Udala(Ori)
|
17.00
|
21.43
|
902.00
|
2800
|
2800
|
7.69
|
Robertsganj(UP)
|
15.00
|
-40
|
643.00
|
1940
|
1925
|
4.30
|
Bishnupur(Bankura)(WB)
|
15.00
|
-31.82
|
57.00
|
2200
|
2200
|
-
|
Ramkrishanpur(Howrah)(WB)
|
15.00
|
-5.06
|
1253.50
|
2400
|
2400
|
NC
|
Lakhimpur(UP)
|
13.00
|
44.44
|
573.50
|
2340
|
2340
|
8.84
|
Kolar(Kar)
|
12.00
|
-52
|
145.00
|
4570
|
4500
|
4.94
|
Bankura Sadar(WB)
|
12.00
|
9.09
|
170.00
|
2200
|
2200
|
-
|
Karvi(UP)
|
11.50
|
-32.35
|
174.00
|
2225
|
2190
|
9.61
|
Barikpur(Ori)
|
10.00
|
NC
|
215.00
|
2600
|
2700
|
4.00
|
Nilagiri(Ori)
|
10.00
|
-16.67
|
565.00
|
2400
|
2300
|
4.35
|
Pukhrayan(UP)
|
10.00
|
-9.09
|
278.50
|
2210
|
2210
|
NC
|
Dibrugarh(ASM)
|
9.00
|
36.36
|
1374.70
|
2450
|
2450
|
-
|
Kolhapur(Laxmipuri)(Mah)
|
9.00
|
NC
|
2000.00
|
3800
|
3800
|
-
|
Dahod(Guj)
|
8.80
|
238.46
|
1508.60
|
4100
|
4100
|
6.49
|
Khairagarh(UP)
|
8.00
|
-20
|
490.00
|
2170
|
2150
|
6.90
|
Mirzapur(UP)
|
8.00
|
6.67
|
1476.10
|
1970
|
1980
|
-0.25
|
Kannauj(UP)
|
7.50
|
7.14
|
387.50
|
2200
|
2250
|
0.46
|
North Lakhimpur(ASM)
|
6.70
|
-61.93
|
1689.70
|
1900
|
1900
|
-
|
Cherthalai(Ker)
|
6.00
|
-29.41
|
392.00
|
2150
|
2200
|
-15.69
|
Jhansi(UP)
|
6.00
|
20
|
172.00
|
2150
|
2100
|
10.26
|
Raiganj(WB)
|
6.00
|
NC
|
984.50
|
2600
|
2600
|
-1.89
|
Silapathar(ASM)
|
5.00
|
NC
|
672.80
|
3000
|
3000
|
NC
|
Rura(UP)
|
5.00
|
42.86
|
124.20
|
2150
|
2170
|
-3.80
|
Nimapara(Ori)
|
4.50
|
NC
|
245.00
|
1900
|
1900
|
NC
|
Belthangdi(Kar)
|
4.00
|
300
|
20.00
|
2800
|
3350
|
-
|
Buland Shahr(UP)
|
4.00
|
NC
|
455.50
|
2240
|
2250
|
10.07
|
Imphal(Man)
|
3.90
|
-2.5
|
210.00
|
3100
|
3100
|
NC
|
Firozabad(UP)
|
3.60
|
-10
|
693.60
|
2240
|
2210
|
11.44
|
Kalyani(WB)
|
3.50
|
-65
|
114.50
|
3400
|
3400
|
NC
|
Khalanpur(Mah)
|
3.00
|
NC
|
8.00
|
3800
|
3500
|
-
|
Aroor(Ker)
|
2.00
|
NC
|
190.70
|
7500
|
7300
|
-7.41
|
Siyana(UP)
|
2.00
|
-20
|
107.00
|
2150
|
2085
|
5.65
|
Bharuasumerpur(UP)
|
1.50
|
-40
|
9.50
|
1950
|
1880
|
8.33
|
Lamlong Bazaar(Man)
|
1.40
|
NC
|
75.30
|
3000
|
3000
|
3.45
|
Mawana(UP)
|
1.00
|
NC
|
29.20
|
2395
|
2280
|
10.88
|
Khatauli(UP)
|
1.00
|
-50
|
35.50
|
2220
|
2240
|
5.71
|
Sardhana(UP)
|
1.00
|
NC
|
91.30
|
2350
|
2350
|
10.33
|
Kasipur(WB)
|
0.90
|
-25
|
44.30
|
2400
|
2400
|
9.09
|
http://www.thehindubusinessline.com/economy/agri-business/article8886706.ece
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