Friday, March 10, 2017

9th March,2017 daily global,regional and local rice e-newsletter by riceplus magazine

Nagpur Foodgrain Prices Open-March 08,2017
FULL COVERAGE:
INDIA ELECTIONS 2017




Nagpur Foodgrain Prices – APMC/Open Market-March 8

Nagpur, Mar 8 (Reuters) – Gram and tuar prices firmed up again in Nagpur Agriculture Producing
and Marketing Committee (APMC) on good Holi festival season demand from local traders amid weal
supply from producing regions. Healthy rise in Madhya Pradesh gram prices and repeated enquiries
from South-based millers also pushed up prices, according to sources.

    FOODGRAINS & PULSES

   GRAM
   * Desi gram reported higher in open market on good demand from local traders amid thin
     arrival from producing belts.
 
   TUAR
   * Tuar gavarani and tuar Karnataka recovered in open market here on good demand
     local traders amid weak supply from producing regions.

   * Wheat Lokwan moved down in open market here on lack of demand from local traders
     amid good arrival from producing belts.          
                                           
   * In Akola, Tuar New – 4,400-4,500, Tuar dal (clean) – 6,700-6,900, Udid Mogar (clean)
    – 8,500-9,000, Moong Mogar (clean) 6,600-6,900, Gram – 5,000-5,100, Gram Super best
     bold – 7,500-7,700 for 100 kg.

   * Other varieties of wheat, rice and other commodities moved in a narrow range in
     scattered deals, settled at last levels.
     
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
   
     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                     4,400-4,810         4,100-4,820
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,900-4,420         3,900-4,300
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            7,500-8,000        7,500-8,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            6,600-7,000        6,600-7,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,700-4,800        4,700-4,800
     Desi gram Raw                4,950-5,250         4,900-5,200
     Gram Yellow                 7,700-8,200        7,700-8,200
     Gram Kabuli                11,800-13,000        11,800-13,000
     Tuar Fataka Best-New             6,800-7,000        6,800-7,000
     Tuar Fataka Medium-New        6,400-6,600        6,400-6,600
     Tuar Dal Best Phod-New        6,000-6,200        6,000-6,200
     Tuar Dal Medium phod-New        5,500-5,800        5,500-5,800
     Tuar Gavarani New             4,600-4,800        4,400-4,500
     Tuar Karnataka             4,550-4,750        4,450-4,650
     Masoor dal best            5,600-5,800        5,600-5,800
     Masoor dal medium            5,300-5,500        5,300-5,500
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        6,900-7,200         6,900-7,200
     Moong Mogar Medium            6,200-6,600        6,200-6,600
     Moong dal Chilka            5,500-6,100        5,500-6,100
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            6,100-6,900        6,000-6,700
     Udid Mogar best (100 INR/KG) (New) 8,500-9,500       8,500-9,500
     Udid Mogar Medium (100 INR/KG)    7,600-8,000        7,500-8,000  
     Udid Dal Black (100 INR/KG)        5,300-5,600        5,300-5,600    
     Batri dal (100 INR/KG)        5,200-5,500        5,200-5,500
     Lakhodi dal (100 INR/kg)          3,600-3,800         3,600-3,800
     Watana Dal (100 INR/KG)            3,000-3,100        3,000-3,100
     Watana White (100 INR/KG)           3,200-3,400           3,200-3,400
     Watana Green Best (100 INR/KG)    3,800-4,300        3,800-4,300  
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    2,000-2,100        2,000-2,100  
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300        
     Wheat Lokwan new (100 INR/KG)    1,950-2,400        2,000-2,350
     Wheat Lokwan best (100 INR/KG)    2,350-2,550        2,500-2,700  
     Wheat Lokwan medium (100 INR/KG)   2,050-2,350        2,200-2,500
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-4,200        3,600-4,200  
     MP Sharbati Medium (100 INR/KG)    2,700-3,200        2,700-3,200          
     Rice BPT new (100 INR/KG)        2,800-3,200        2,800-3,200
     Rice BPT best (100 INR/KG)        3,200-3,600        3,200-3,600  
     Rice BPT medium (100 INR/KG)        2,700-3,000        2,700-3,000  
     Rice Luchai (100 INR/KG)         2,200-2,500        2,200-2,500
     Rice Swarna new (100 INR/KG)       2,250-2,450        2,250-2,450  
     Rice Swarna best (100 INR/KG)      2,400-2,600        2,400-2,600  
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400  
     Rice HMT New (100 INR/KG)        3,200-3,600        3,200-3,600
     Rice HMT best (100 INR/KG)           3,800-4,200        3,800-4,200  
     Rice HMT medium (100 INR/KG)        3,200-3,500        3,200-3,500  
     Rice Shriram New(100 INR/KG)           4,200-4,600        4,200-4,600
     Rice Shriram best 100 INR/KG)    5,200-5,500        5,200-5,500
     Rice Shriram med (100 INR/KG)    4,700-5,000        4,700-5,000  
     Rice Basmati best (100 INR/KG)    9,200-13,300        9,200-13,300    
     Rice Basmati Medium (100 INR/KG)    5,000-6,200        5,000-6,200  
     Rice Chinnor New(100 INR/KG)        4,600-4,800        4,600-4,800
     Rice Chinnor best 100 INR/KG)    5,600-6,200        5,600-6,200  
     Rice Chinnor medium (100 INR/KG)    5,100-5,500        5,100-5,500  
     Jowar Gavarani (100 INR/KG)        2,000-2,300        2,000-2,300  
     Jowar CH-5 (100 INR/KG)         1,900-2,000        1,900-2,000

WEATHER (NAGPUR)
Maximum temp. 33.0 degree Celsius, minimum temp. 21.0 degree Celsius
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 33 and 20 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices)
http://in.reuters.com/article/nagpur-foodgrain-idINL3N1GL366
USA Rice Foodservice Activities in Mexico Influence Next Generation of Chefs
By Gaby Carbajal

PUERTO VALLARTA, MEXICO -- Puerto Vallarta is a major player on the gastronomic stage, hosting international gourmet festivals attended by award winning chefs from around the world.  The vibrant culinary scene is known for its world-class restaurants and the extraordinary cuisine, and earlier this month, USA Rice conducted three foodservice seminars and student chef competitions here.

"Our goal with these activities is to have a presence in the region and to ultimately influence the future chefs in this important and booming market," said USA Rice Vice President International Hugh Maginnis.  "In addition, we want to encourage the hotel and restaurant industry here to use more U.S.-grown rice in their menus as a way to provide patrons with delicious, elegant, gourmet meals while increasing their own profits because of the affordability of rice as an ingredient."
 
USA Rice events were held at three culinary institutions and included foodservice seminars under the slogan, "Increase your Profits with Rice," presentations on U.S. rice production and the importance of rice in the foodservice industry, and an interactive rice cooking instruction.

The cooking competitions were the final activity of the day and generated much excitement as student chefs created a variety of gourmet rice dishes, including paella, desserts, and healthy dishes that were the perfect combination of rice, proteins, and vegetables for optimal nutrition.

"It's worth noting that the culinary training schools where we stage these events have a high success rate in placing students in jobs in the restaurant and hospitality industry," said Maginnis.  "Past contestants in USA Rice competitions have gone on to work at top restaurants throughout Mexico as well as at a Michelin Star restaurant in Spain where they are making menuing decisions that include U.S. rice."


Market Information

Daily Rough Rice Prices
(updated daily)

Market Year Average Price Tracker (updated monthly)




Quote of the Day

"The question isn't who's going to let me; it's who's going to stop me."
                                                                     - Ayn Rand
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Kellogg Supports 10,000 Women Farmers to Reach their Full Potential
Diane Holdorf, Chief Sustainability Officer

Strawberry farmers in Morrocco
On International Women’s Day, we celebrate the significant contributions women are making around the world, especially in agriculture toward helping secure our global food supply.
On average, women represent 43 percent of the agricultural labor force in developing countries[1] and up to 30 percent of all farmers in the United States.[2]
At Kellogg, women farmers play an important role at the start of our food journey. They are responsible for growing and nurturing the grains and other ingredients we use to make many of the delicious cereals and snacks consumers enjoy today. From seed planting to harvest, these farmers take great pride and care in their work, although in some regions often lack access to the resources they need to achieve their full potential.
We also recognize that in many countries, women often lack the opportunities needed to enable them to reach their highest potential.  As part of our Global Sustainability Commitments, Kellogg is identifying women farmers and workers in our value chain and developing programs to help improve their livelihoods, their families and communities. This pledge also supports the United Nation’s Sustainable Development Goal (UN SDG 5) of achieving gender equality and empowering all women and girls, which we celebrate on International Women’s Day.
Today, we are proud to announce that Kellogg has supported 10,000 women farmersaround the globe.   This achievement is reflected in the work of our responsible sourcing team and in part, our Kellogg’s Origins™ Program, which is designed to provide education, training and other resources that focus on climate-smart agriculture. Over the past few years, we have seen the program positively impact women farmers such as Cecilia, Rita, Jayna and Marisol, who grow grains to make our Special K® cereals and snacks.
In Europe, we partnered with Marisol, a rice farmer in Spain’s Delta Del Ebro region, to leverage natural agronomic practices to help recover and protect the soil where she grows the rice for Special K® cereal. Through this program, participants have seen annual yields increase by approximately eight percent, which also drove an increase in income and efficiency.
In Latin America, we provided on-site soil health and financial training, as well as recommended best practices in sustainable agriculture to women farmers such as Cecilia in Bolivia, who grow the quinoa used to make delicious Special K® Nourish foods. Through that program, we have impacted more than 600 families in the region.
In North America, Rita, a Michigan farmer who grows the wheat for a variety of Special K® cereals and snacks, is participating in the Kellogg’s OriginsTM Great Lakes Wheat Project where we are helping her identify opportunities to implement new conservation practices. In 2015, Kellogg nominated Rita as a White House Champion of Change, which she won for her work educating the community about how food is grown and the importance of farming conservation practices.
In Asia, we helped introduce a new rice variety for Special K® cereals in Thailand. This work impacted 700 farmers, 60 percent of whom are women. Through the program, smallholder farmers such as Jayna now have access to a long-term market for selling a high-yielding, pest resistant rice variety.
And in Africa, we are building our understanding of opportunities to drive continuous improvement with women farmers and workers on strawberry farms in Morocco who are growing some of the fruit that goes into Special K® Red Berries cereal.
We believe these efforts will contribute to a more sustainable food supply in the future and at the same time, help empower more women so that they can live life at full strength.  Looking ahead, we will continue to participate in events and on-the-ground programs where we can make a positive impact.
At Kellogg, we are proud to have helped feed the potential of 10,000 women farmers, and recognize that in partnership with others we all still have a lot of work ahead. But at the heart of all of these efforts is our purpose to nourish families so they can flourish and thrive, by helping to fight hunger and feed potential – from the farmers who grow our ingredients, to the families who enjoy our foods around the world.

________________________________________
[1] FAO, 2014 State of Food and Agriculture. http://www.fao.org; http://www.unwomen.org/en/what-we-do/economic-empowerment/facts-and-figures
[2] USDA 2012 Census of Agriculture
________________________________________

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 Marching on: Researchers are working to bring scientific advances to the growers of Asia who produce most of the world’s rice, and Africa, where production is increasing.

Cropping

International Temperate Rice Conference: Aussie role on rise
EMMA FIELD, The Weekly Times
March 7, 2017 6:00pm
AUSTRALIA’S rice farmers make up a small fraction of the world’s 144 million rice producers, but they can still play an important role in the industry’s global development.
That’s according to Australian scientist Matthew Morell, who heads up the Philippines-based International Rice Res¬earch Institute.
Dr Morell was a keynote speaker at the International Temperate Rice Conference in Griffith, NSW this week.
The IRRI is an independent research and education agency dedicated to reducing poverty and hunger through rice research, improving the health and welfare of rice farmers and tackling future climate issues.
Dr Morell said the increasing population was putting pressure on the availability of land and labour and access to water and fertiliser.
“We are going to have to produce 25 per cent more rice from less inputs by about 2040,” he said.
“We have 20 years to change the way rice and cereal are produced. We are also looking at technology and ways of breeding rice to meet challenges of climate change.”
About 90 per cent of the world’s rice farmers are in Asia and another 2-3 per cent in Africa.
Temperate-zone rice is grown in cool regions such as Australia, the Americas and Europe, while tropical rice, which is the most common, is grown mostly in Asia.
Australia’s small pool of farmers produce about 1 million tonnes of the 700 million tonnes grown globally.
Dr Morell said there was much the temperate-zone rice community could do for the millions of tropical region growers, who were among the poorest farmers and populations in the world.
“We would like those people who are poor farmers to be able to access all the technology and knowledge that’s produced in more affluent rice producing countries,” Dr ¬Morell said.
“We are trying to work with temperate rice communities and bring some of that technology and opportunity to the poorer farmers in the disadvantage areas in Asia but also Africa.”
He said in Africa rice production was growing and replacing the more commonly eaten root crops, cassava and also corn.
“There is a big opportunity from a development perspective to make countries in Africa self-sufficient, and a lot of this will be from temperate rice production.”
Australia is a donor to the IRRI via the Australian Centre for international Agricultural Research, which is the Australian Government’s agricultural research for development agency.
The IRRI is also seeking scientific collaborations with Australian research agencies, universities and businesses to “ensure science technology, research and knowledge is shared for mutual benefit”.
“There is a long tradition between Australia and international organisations like ours. I’m confident that this will continue,” Dr Morrell said.
The former CSIRO scientist said he felt an enormous obligation working at the IRRI, because on any given day about half of the 3.5 billion people who ate rice worldwide would eat a variety bred by the development agency he led.
“I love it and I keep saying there has never been a better time to be in agriculture. The world really needs agriculture. People still need to eat,” he said
http://www.weeklytimesnow.com.au/agribusiness/cropping/international-temperate-rice-conference-aussie-role-on-rise/news-story/8e428316df4cef7c2939f31f91e7b7cb
RURAL
Rural
Rice field day at Jerilderie
by
SOUTHERN RIVERINA NEWS

MARCH 08, 2017
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The 2017 Rice Industry Field Day will bring together close to 400 growers, industry representatives and researchers at ‘Old Coree’ near Jerilderie tomorrow.
They will showcase the latest in rice research and development as part of the International Temperate Rice Conference (ITRC).
Organised by the Rice Extension team, the Rice Industry Field Day is an opportunity to see the latest rice research and development in action and learn how it can be applied on farm, as well as explore agricultural trends and share new perspectives.
Funded by the Rural Industries Research and Development Corporation (RIRDC), Rice Extension connects growers to research, the latest technologies and best management practice in the rice industry.
RIRDC program manager Michael Beer said the field day brings the RIRDC Rice Program to life, highlighting the importance of research and development investment.
‘‘The rice program aims to improve the productivity and sustainability of the Australian rice industry and is delivering significant outcomes for industry and stakeholders,’’ he said.
‘‘Of particular note is our recent evaluation of the rice program which found investment in research, development and extension delivered a cost-benefit ratio lying between 6.6 and 7.6 - an impressive result for any industry.’’
The field day program includes speaker sessions from SunRice and the International Rice Research Institute (IRRI), and the choice of attending either a field site walking tour or business and innovation session at the Old Coree homestead.
Rice Extension coordinator Gae Plunkett said the field day program further cements the ITRC theme, ‘Tradition, Technology, Productivity – A Balancing Act’.
‘‘For growers, the field day is a fantastic opportunity to discuss the latest issues and trends in rice growing, as well as network with growers, industry professionals and researchers on a local and international level,’’ Ms Plunkett said.
‘‘We are expecting strong interest from local industry and growers, particularly in the practical sessions focused on improving on farm production and profit.
‘‘The business and innovation session is an exciting and thought provoking addition to the program that will explore new trends and challenge traditional thinking when it comes to agricultural business practices.’’
The 2017 Rice Industry Field Day is a free event starting from 9am. ‘Old Coree’ is located on the Conargo Rd, 18.5km west of Jerilderie
http://www.sheppnews.com.au/regional/2017/03/08/77684/rice-field-day-at-jerilderie No order for Pakistani non-basmati rice in Gulfood exhibition
  Last Updated On 08 March,2017 10:34 am

Pakistan's rice exporters participated in Gulfood Exhibition in Dubai.
DUBAI (Roznama Dunya) - Pakistani non-basmati rice has failed in swamping Gulf food market as price of Indian, Vietnamese, and Thai rice is relatively lower.
According to details, Pakistan’s rice exporters participated in Dubai’s ‘Gulfood Exhibition’ but did not succeed in getting a single order for non-basmati rice.
"We are unable to compete Indian, Vietnamese, and Thai rice as their price is relatively lower when compared with Pakistani rice," narrated Rice Export Association of Pakistan Chairman Mahmood Baqi.
Baqi urged federal government for emergency measures to slash production cost at earliest.
Export orders will be acquired only when price of our product is lower than same product of other countries. Pakistan’s second largest export sector would face serious threats if government does not take timely steps, articulated Baqi
http://dunyanews.tv/en/Business/378097-No-order-for-Pakistani-nonbasmati-rice-in-Gulfood
BY MANGESH KANASE
Rice Bran Oil Market Overview, Industry Top Manufactures, Market Size, Growth Analysis & Forecast to 2021
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Along with this, analysis of depreciation cost, manufacturing cost structure, manufacturing process is also carried out. Price, cost, and gross analysis of the Rice Bran Oil market is also included in this section.
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This particular section of the Rice Bran Oil market report includes analysis of gross margin, cost and price.
The Rice Bran Oil industry research report is a valuable source of guidance and direction. It is helpful for established businesses, new entrants in the market as well as individuals interested in the market. The Rice Bran Oil market report provides important statistics on the existing state of the said market.
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http://www.satprnews.com/2017/03/07/rice-bran-oil-market-overview-industry-top-manufactures-market-size-growth-analysis-forecast-to-2021/

Rice field day at Jerilderie
by
SOUTHERN RIVERINA NEWS

MARCH 08, 2017
SHARE
SHARE
SHARE
EMAIL
0 COMMENTS
The 2017 Rice Industry Field Day will bring together close to 400 growers, industry representatives and researchers at ‘Old Coree’ near Jerilderie tomorrow.
They will showcase the latest in rice research and development as part of the International Temperate Rice Conference (ITRC).
Organised by the Rice Extension team, the Rice Industry Field Day is an opportunity to see the latest rice research and development in action and learn how it can be applied on farm, as well as explore agricultural trends and share new perspectives.
Funded by the Rural Industries Research and Development Corporation (RIRDC), Rice Extension connects growers to research, the latest technologies and best management practice in the rice industry.
RIRDC program manager Michael Beer said the field day brings the RIRDC Rice Program to life, highlighting the importance of research and development investment.
‘‘The rice program aims to improve the productivity and sustainability of the Australian rice industry and is delivering significant outcomes for industry and stakeholders,’’ he said.
‘‘Of particular note is our recent evaluation of the rice program which found investment in research, development and extension delivered a cost-benefit ratio lying between 6.6 and 7.6 - an impressive result for any industry.’’
The field day program includes speaker sessions from SunRice and the International Rice Research Institute (IRRI), and the choice of attending either a field site walking tour or business and innovation session at the Old Coree homestead.
Rice Extension coordinator Gae Plunkett said the field day program further cements the ITRC theme, ‘Tradition, Technology, Productivity – A Balancing Act’.
‘‘For growers, the field day is a fantastic opportunity to discuss the latest issues and trends in rice growing, as well as network with growers, industry professionals and researchers on a local and international level,’’ Ms Plunkett said.
‘‘We are expecting strong interest from local industry and growers, particularly in the practical sessions focused on improving on farm production and profit.
‘‘The business and innovation session is an exciting and thought provoking addition to the program that will explore new trends and challenge traditional thinking when it comes to agricultural business practices.’’
The 2017 Rice Industry Field Day is a free event starting from 9am. ‘Old Coree’ is located on the Conargo Rd, 18.5km west of Jerilderie.
By
SOUTHERN RIVERINA NEWS

MARCH 08, 2017
http://www.sheppnews.com.au/regional/2017/03/08/77684/rice-field-day-at-jerilderie


NFA estimates rice import requirement at 800,000 MT

   
Posted on March 09, 2017

THE National Food Authority (NFA)is looking to import around 800,000 metric tons (MT) of rice this year under a government-to-government arrangement to cover the lean months in the third quarter.

Workers unload sacks of rice at a warehouse of the National Food Authority. -- AFP
   RELATED STORIES


NFA head could be removed from office over rice import deadline

NFA seeks tougher import permit regime for agriculture

NFA approves private imports totaling 641,080 tons of rice

Draft EO will bring NIA, NFA back under Agriculture department

NFA sets higher target for 2017 palay purchase

Citing “critical” stock levels of the staple grain in government warehouses, NFA Administrator Jason Laureano Y. Aquino said that, as of March 8, inventory in government warehouses was 400,000 MT, good for about 13 days. Stocks have thus fallen below the 15-day buffer stock the agency is mandated to maintain.

“If we are to maintain a 30-day buffer, more or less we will need 800,000 metric tons,” he said in Filipino. Asked if that quantity will be satisfied by imports, he said “Yes, so we can satisfy the 30-day buffer stock.”

“Other regions and provinces are at critical supple levels,” he added. “Some places will have very tight supply by April and May,” Mr. Aquino said in a Wednesday news conference at the agency’s headquarters in Quezon City. He was citing reports from NFA regional directors across the country.

“By end of June, the NFA’s buffer stock will be short three days. That’s why we are pushing for the approval of the 250,000 MT importation... We need to utilize by June this year the remaining standby volume to cover the gap in our 15-day buffer stock requirement,” he added.

However, as the July to September period covers the lean months during which the state-run agency is required to maintain a 30-day buffer stock, Mr. Aquino said that this may translate to an 800,000 MT requirement, making more imports necessary beyond the approved standby authority.

Asked if Mr. Aquino will propose the importation of the 800,000 MT volume to the NFA Council, he replied in the positive, adding that the arrival of a portion of these imports, specifically the remaining 250,000 MT standby authority, is intended for before the lean months start.

In a text message yesterday, NFA Spokesperson Marietta J. Ablaza said that the 250,000 MT of rice is proposed to arrive April or May “to have ample time to position the stocks before onset of lean supply months.”

Last year, the inter-agency NFA Council approved the importation of 500,000 MT of rice under a government-to-government scheme, giving the agency standby authority in preparation for last year’s El Niño.

Of this total, only 250,000 MT has been activated with the top exporting countries, Vietnam and Thailand, clinching the bid.

The remaining portion, however, has not been shipped due to sufficient stocks of rice in both government and private warehouses when the dry spell proved to be less severe than expected.

As early as December, NFA proposed the importation of the 250,000 MT, citing an expected shortfall in rice production due to typhoons Karen, Lawin, and Nina which hit the country last quarter.

The NFA Council did not approve the proposal amid the lack of endorsement by the inter-agency National Food Security Committee chaired by the National Economic Development Authority, which recommends to the council whether the country will need to import, based on rice inventory data. -- Janina C. Lim
NFA estimates rice import requirement at 800,000 MT

   
Posted on March 09, 2017

THE National Food Authority (NFA)is looking to import around 800,000 metric tons (MT) of rice this year under a government-to-government arrangement to cover the lean months in the third quarter.

Workers unload sacks of rice at a warehouse of the National Food Authority. -- AFP
   RELATED STORIES


NFA head could be removed from office over rice import deadline

NFA seeks tougher import permit regime for agriculture

NFA approves private imports totaling 641,080 tons of rice

Draft EO will bring NIA, NFA back under Agriculture department

NFA sets higher target for 2017 palay purchase

Citing “critical” stock levels of the staple grain in government warehouses, NFA Administrator Jason Laureano Y. Aquino said that, as of March 8, inventory in government warehouses was 400,000 MT, good for about 13 days. Stocks have thus fallen below the 15-day buffer stock the agency is mandated to maintain.

“If we are to maintain a 30-day buffer, more or less we will need 800,000 metric tons,” he said in Filipino. Asked if that quantity will be satisfied by imports, he said “Yes, so we can satisfy the 30-day buffer stock.”

“Other regions and provinces are at critical supple levels,” he added. “Some places will have very tight supply by April and May,” Mr. Aquino said in a Wednesday news conference at the agency’s headquarters in Quezon City. He was citing reports from NFA regional directors across the country.

“By end of June, the NFA’s buffer stock will be short three days. That’s why we are pushing for the approval of the 250,000 MT importation... We need to utilize by June this year the remaining standby volume to cover the gap in our 15-day buffer stock requirement,” he added.

However, as the July to September period covers the lean months during which the state-run agency is required to maintain a 30-day buffer stock, Mr. Aquino said that this may translate to an 800,000 MT requirement, making more imports necessary beyond the approved standby authority.

Asked if Mr. Aquino will propose the importation of the 800,000 MT volume to the NFA Council, he replied in the positive, adding that the arrival of a portion of these imports, specifically the remaining 250,000 MT standby authority, is intended for before the lean months start.

In a text message yesterday, NFA Spokesperson Marietta J. Ablaza said that the 250,000 MT of rice is proposed to arrive April or May “to have ample time to position the stocks before onset of lean supply months.”

Last year, the inter-agency NFA Council approved the importation of 500,000 MT of rice under a government-to-government scheme, giving the agency standby authority in preparation for last year’s El Niño.

Of this total, only 250,000 MT has been activated with the top exporting countries, Vietnam and Thailand, clinching the bid.

The remaining portion, however, has not been shipped due to sufficient stocks of rice in both government and private warehouses when the dry spell proved to be less severe than expected.

As early as December, NFA proposed the importation of the 250,000 MT, citing an expected shortfall in rice production due to typhoons Karen, Lawin, and Nina which hit the country last quarter.

The NFA Council did not approve the proposal amid the lack of endorsement by the inter-agency National Food Security Committee chaired by the National Economic Development Authority, which recommends to the council whether the country will need to import, based on rice inventory data. -- Janina C. Lim

http://www.graincentral.com/cropping/building-regional-security-through-rice/


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No more private sector rice imports, NFA head insists
By: Ronnel W. Domingo - @inquirerdotnet
Philippine Daily Inquirer / 12:20 AM March 09, 2017

Leoncio Evasco Jr. MALACANANG PHOTO
The National Food Authority (NFA) is holding its ground on not allowing more private-sector imports to arrive, in defiance of its governing body’s decision, and instead wants clearance for the government importation of 250,000 tons.
The NFA insists that the deadline of Feb. 28 stands although the NFA Council, chaired by Cabinet Secretary Leoncio Evasco Jr., maintains that this was extended to March 31.
NFA Administrator Jason Laureano Y. Aquino said Wednesday that no more shipments procured through the minimum access volume (MAV) mechanism of the World Trade Organization (WTO) should be accepted because local farmers had started harvesting this year’s first crop.
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Data from the NFA showed that 211 farmer cooperatives and private businessmen applied for the importation of a total of 692,340 metric tons of rice through the MAV.
Aquino warned that additional inbound cargoes would push down prices to the detriment of farmers.
According to Raul Montemayor, business manager of the Federation of Free Farmers Cooperative, farmgate prices of palay in Nueva Ecija had gone down by as much as P2 a kilo on reports that more MAV shipments were being allowed.
Aquino said the NFA Council made the decision to extend the deadline for the arrival of shipments during a meeting when he was not present. He also said the resolution on the extension was disseminated “on a weekend.” Last Monday, Aquino said a majority of the council approved the extension “in a supposed meeting held on Feb. 27.”
The NFA administrator serves as vice chair of the council. The Bangko Sentral ng Pilipinas governor is a member of the council, along with the secretaries of finance, trade and economic planning as well as the chair of the Development Bank of the Philippines, president of the Land Bank of the Philippines and a representative of farmers.
“Later this afternoon (Wednesday), the council will be convening and we will iron out everything (but) as far as the NFA is concerned, there is no extension,” Aquino said.
In a separate statement last Monday, Evasco said the NFA’s insistence on an earlier deadline for the arrival of MAV imports meant that the food agency wanted to do the importation itself.
“It creates serious doubt on the part of the NFA Council when some of the NFA’s executives have been insisting on G2G [government-to-government] procurement despite lack of recommendation to import from the National Food Security Committee,” Evasco said.
The Cabinet secretary vowed to hold NFA officials liable for “making a cash cow out of government-led importations.” The NFA itself imports milled rice through G2G contracts, but has the authority to issue permits for private importation.
“I will propose to the [NFA] Council the creation of a special committee to investigate the culprits of this flagrant corruption to the detriment of the country’s food security,” said Evasco, who is the council’s chair.
“It has come to the council’s attention that [NFA deputy administrator Ludovico] Jarina and Aquino have been holding closed-door meetings even prior to Aquino’s appointment as NFA administrator (last January),” Evasco said.
Evasco’s office also provided reporters a copy of Aquino’s letter to Vietnam’s ambassador to the Philippines dated March 3, informing the latter that the Philippine government would open a state-to-state importation this month to shore up its buffer stock. Evasco said this letter was sent to the Vietnamese embassy “behind the council’s back.


Read more: http://business.inquirer.net/225808/no-private-sector-rice-imports-nfa-head-insists#ixzz4avA97QEK
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
http://business.inquirer.net/225808/no-private-sector-rice-imports-nfa-head-insists
PH launches agricultural guide map to double rice output
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BY PHILIPPINES NEWS AGENCY ON MARCH 8, 2017BUSINESS
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The government on Tuesday launched a comprehensive color-coded agricultural guide (CCAG) map that can pave the way for doubling rice production to ensure food security in the country.
“We expect rice production to double because of this map. If you are talking of 100-percent growth in rice production, just imagine how huge (its impact on agricultural growth),” Department of Agriculture (DA) Secretary Emmanuel Piñol told reporters.
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Piñol said the map indicated there were six to seven million hectares of rice farms in the country, while only 3.9 million hectares of which were actually devoted to rice farming.
He said the color-coded agricultural guide map guided over 12 million farmers about the most suitable crops they could plant in their provinces and regions. They can then select the right crop that can produce a substantial income.
The map identifies the agricultural areas that are naturally suitable for 20 crops. It can be used as guide in investment planning, research and development, infrastructure and disaster management.
“It will also guide investors and big businessmen who would like to invest in agriculture,” he added.
Piñol said the government spent Php36 million to roll out the CCAG map under the DA’s project Adaptation and Mitigation Initiative in Agriculture (AMIA).
“The data here is not constant because the soil fertility changes. We will have new hazards and risks because of climate change. So this is a work in progress, we will continue to improve (this) and through the years, hopefully, we will be able to add more data,” he said.
Piñol is mulling to set up information centers and kiosks especially for barangays to make the CCAG map accessible to more farmers.
For his part, Agriculture Undersecretary Segfredo Serrano said the AMIA would help the country adapt to climate change.
He stressed that the agriculture sector was the first one to be affected by climate change.
AMIA works hand-in-hand with the International Plant Nutrition Institute to adopt and enhance the tool called Nutrient Expert to assist farmers attain the best yields and income despite climate and disaster risks.
“This of course is not magic. The farmer still has to be proficient,” Serrano added.
http://www.manilatimes.net/ph-launches-agricultural-guide-map-double-rice-output/316080/

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Home / Commodities / Commodity News / China Vows Self-Sufficiency in Rice, Aims to Cut Corn Glut

China Vows Self-Sufficiency in Rice, Aims to Cut Corn Glut
in Commodity News 08/03/2017

China, the world’s second-largest producer and consumer of corn, will continue to reduce corn stockpiles and acreage this year as part of agriculture reforms that also include seeking self-sufficiency in rice and wheat.
Falling domestic corn prices after the government ended its price-support system last year should lead farmers to reduce acreage this year, Agriculture Minister Han Changfu said at a press conference on the sidelines of the annual National People’s Congress in Beijing. The reform has spurred market demand and led to the restarting of corn processors which were previously halted, he said.
China needs to find new ways to reduce its corn stockpiles as annual production and consumption is relatively balanced, Chen Xiwen, former deputy director with the Central Rural Work Leading Group, said Monday, forecasting reserves at 230 million tons. Options include expanding fuel ethanol and corn sweetener production and using more of the grain to make film for greenhouses, he said. China’s government has previously announced plans to reduce corn planting and some provinces are subsidizing processing to boost consumption of domestic grain.
“What we are lacking now is good quality and ‘green’ farm products,” Han said. Despite a slight decrease in total grain production last year, China still aims to stabilize the area planted to rice and wheat and ensure “absolute” self-sufficiency in the staple grains, including increasing subsidies in major producing regions, he said.
The ministry will also tackle agriculture pollution by reducing use of fertilizer and pesticides and asking large-scale livestock farms to treat animal waste within five years, Han said.
Given that genetically-modified technology has the potential to reduce the use of fertilizer and pesticides while boosting yields, China will continue to push the technology in the production of feed grains, Zhang Taolin, vice agriculture minister, said at Monday’s briefing. The country will maintain caution on using the technology in staple food production.
China is the world’s biggest soybean importer and buys from the U.S., Brazil and Argentina, which grow genetically-modified soy.
Source: Bloomberg
http://www.hellenicshippingnews.com/china-vows-self-sufficiency-in-rice-aims-to-cut-corn-glut/





 Philippines' Food Security Agency Plans to Import 250,000T Rice Sooni
Manila. The Philippines' food security agency said on Tuesday (07/03) it was looking to import 250,000 tonnes of rice as soon as possible via a government-to-government deal with any of its traditional suppliers such as Vietnam and Thailand.
The volume will augment rice imports of around 543,000 tonnes shipped in by private traders between December and February, and help boost state buffer stock ahead of the country's lean harvest season beginning in July, it said.
The National Food Authority (NFA) has informed Vietnam of its import plan via a letter to its embassy in Manila, it said in a statement.
Major rice suppliers, Vietnam and Thailand, are keeping an eye on any fresh demand from the Philippines, one of the world's biggest buyers, but the NFA has yet to decide when to issue a tender for its import requirement.
The timing remains uncertain as the NFA Council, a panel comprising the country's economic managers, still has to approve the terms of reference.
The planned purchase is part of the 500,000-tonne import volume the NFA Council approved last year. The NFA had bought only 250,000 tonnes -- 150,000 tonnes from Vietnam and 100,000 tonnes from Thailand.
"We need the additional 250,000 tonnes for our buffer stock," NFA spokeswoman Marietta Ablaza told Reuters. "We are running out of time."
Ablaza could not say if the NFA has formally informed Thailand of its import plan
http://jakartaglobe.id/international/philippines-food-security-agency-plans-import-250000t-rice-soon/Resilience of rice put to the test
pennie scott
8 Mar 2017, noon
Cropping

 Rice Growers Association chairman Jeremy Morton in a paddock of rice at Wakool in November last year.
Aa
With 100 per cent water allocations in the Riverina and plenty of hot weather for pannicle initiation, forecasts for the 2017 rice harvest in this part of Australia are on target to reach 800,000 tonnes.
Tom Howard from SunRice, said that in spite of the tough start to the season due to cold weather and a record wet winter, rice has demonstrated its resilience to be a valuable crop in almost all growing conditions. “The hot weather in late January and early February demonstrated rice’s ability to withstand almost every weather variation and highlighted growers skills who have had possibly the most demanding conditions ever”.
Leeton’s Guiseppe Napoli, pictured on our cover with children Max,6, and Lucie, 2, has four varieties on 175 hectares this season and is delighted with YRM70’s progress. “It was sown on December 7 and has made up around four weeks growth when compared to Reizeiq sown on October 23. This variety has great potential as it was sown only two days after harvesting barley so double cropping is now a possibility. Water is cheap and prices are OK”.
Rice Growers Association chairman Jeremy Morton from Moulamein is growing Reizeiq, Koshihikari and the unnamed, short growing season YKM5 on 200 hectares. “I direct drilled the YKM5 on December 9 and, with this variety, everything happens in a hurry. It has had permanent water on for only 60 days and, even though it is quite a tall plant, it is doing really well and is the height of the earlier-sown varieties.”
Rice has been grown in northern NSW for more than a decade with the main variety a medium grain especially suited to dryland conditions. Steve Rogers, rice consultant from Northern Rivers, said that the vast majority of crops sown this season are Tachiminori which grows aerobically.
“This season has been a little tougher for the 25 growers which have 700 hectares in as only 260ml of rain has fallen this year which is 60 per cent of what would usually have fallen by now. However, the rice is still growing well showing the possibilities of growing with less water than thought”, Mr Rogers said
Resilience of rice put to the test
pennie scott
8 Mar 2017, noon
Cropping

 Rice Growers Association chairman Jeremy Morton in a paddock of rice at Wakool in November last year.
Aa
With 100 per cent water allocations in the Riverina and plenty of hot weather for pannicle initiation, forecasts for the 2017 rice harvest in this part of Australia are on target to reach 800,000 tonnes.
Tom Howard from SunRice, said that in spite of the tough start to the season due to cold weather and a record wet winter, rice has demonstrated its resilience to be a valuable crop in almost all growing conditions. “The hot weather in late January and early February demonstrated rice’s ability to withstand almost every weather variation and highlighted growers skills who have had possibly the most demanding conditions ever”.
Leeton’s Guiseppe Napoli, pictured on our cover with children Max,6, and Lucie, 2, has four varieties on 175 hectares this season and is delighted with YRM70’s progress. “It was sown on December 7 and has made up around four weeks growth when compared to Reizeiq sown on October 23. This variety has great potential as it was sown only two days after harvesting barley so double cropping is now a possibility. Water is cheap and prices are OK”.
Rice Growers Association chairman Jeremy Morton from Moulamein is growing Reizeiq, Koshihikari and the unnamed, short growing season YKM5 on 200 hectares. “I direct drilled the YKM5 on December 9 and, with this variety, everything happens in a hurry. It has had permanent water on for only 60 days and, even though it is quite a tall plant, it is doing really well and is the height of the earlier-sown varieties.”
Rice has been grown in northern NSW for more than a decade with the main variety a medium grain especially suited to dryland conditions. Steve Rogers, rice consultant from Northern Rivers, said that the vast majority of crops sown this season are Tachiminori which grows aerobically.
“This season has been a little tougher for the 25 growers which have 700 hectares in as only 260ml of rain has fallen this year which is 60 per cent of what would usually have fallen by now. However, the rice is still growing well showing the possibilities of growing with less water than thought”, Mr Rogers said
http://www.theland.com.au/story/4512242/rices-resilience-proven/
IFC Supports Loc Troi Group to Scale up Sustainable Rice Production in Vietnam

In Hanoi, Vietnam
Van Anh Chu, IFC
Phone: (844) 39378745
Email: canh1@ifc.org

Ho Chi Minh City, March 8, 2017—IFC, a member of the World Bank Group, is supporting the Loc Troi Group to roll out sustainable agricultural standards and practices throughout its rice-production value chain in the Mekong Delta. Improving rice production will help Vietnam’s agri-sector expand its global market share, increase profitability sustainably, and improve farmer livelihoods.

IFC and the Loc Troi Group, a leading provider of agricultural services and products in Vietnam, introduced the project to local stakeholders today in Ho Chi Minh City. IFC will work with the Loc Troi Group over the next two years to help it conform to agricultural standards and practices developed by the Sustainable Rice Platform (SRP), a multi-stakeholder partnership to promote resource efficiency and sustainability, both on-farm and throughout the rice value-chain.

“This new and unique partnership will help provide better returns to shareholders and create brighter futures for farmers,” said Huynh Van Thon, Chairman, Loc Troi Group. “This will be of huge benefit to us as we go about building a specific rice brand with high quality and competitiveness in international markets.”

About 4,000 farmers will learn about new farming practices that will help them grow high-quality, high-yielding, and sustainable rice. The project will be implemented first as a pilot and subsequently scaled up. IFC is partnering with the International Rice Research Institute (IRRI), which will provide technical support to Loc Troi and the farmers within its supply chain.

The Loc Troi Group pioneered the building up of the rice-production value-chain model in Vietnam and has around 25,000 farmer households in its fold. The group is looking to manage a sustainable rice supply-chain in the Mekong Delta, which is known as the "rice bowl" of Vietnam.

The project is being supported by the Government of Canada. "We are very pleased to support IFC's efforts to improve Vietnam’s agricultural competitiveness while applying climate-smart practices,” said H.E. Mr. Richard Bale, Consul General of Canada to Vietnam. “We believe the private sector has an important role to play in promoting sustainable and inclusive economic growth through initiatives such as this one, which will benefit thousands of farmers, both women and men, across the Mekong Delta.”

This new initiative is in line with Vietnam’s recent Agricultural Restructuring Plan (ARP), an ambitious move to enhance the sector’s competitiveness and better position it to respond to international market opportunities. Despite being a leading rice exporter, Vietnam faces competition in price and quality from market players such as Thailand, India, Pakistan, and emerging countries like Cambodia and Myanmar.

“IFC and the Loc Troi Group share a common interest in linking up Vietnamese rice farmers to the global supply chain to capture the industry’s full potential,” said Kyle Kelhofer, IFC Country Manager for Vietnam, Cambodia, and Lao PDR. “This partnership will create opportunities for farmers through sustainable farming, improving their productivity and quality of life.”

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

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About Loc Troi Group
Loc Troi Group, established in 1993 and formerly known as An Giang Plant Protection Joint Stock Company, is a leading provider of agricultural products and services in Vietnam. It has been a successful pioneer in building value chain models for sustainable rice production, focusing on developing and sharing value across the supply chain, especially among farmers. More than 1,300 engineers of its field force have established close links with 25,000 farmers to help reorganize production and provide seeds and agricultural inputs for about 60,000 hectares of large scaled rice fields. It has five processing plants equipped with advanced technology which provide various varieties of high quality, traceable rice products for domestic and international markets. For more information, visit www.loctroi.vn and http://www.facebook.com/loctroiag

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Laos to reduce dry season rice target
March 8, 2017 14:32
VIENTIANE, March 8 (Xinhua) -- The Lao Ministry of Agriculture and Forestry has set this year's target for dry season rice production lower after the country's rice farmers failed to meet last year's estimate.
Last season, the Department of Agriculture under the ministry encouraged farmers around the country to grow 126,000 hectares of rice but they were only able to plant 98,000 hectares, local daily Vientiane Times quoted the department's report as saying on Wednesday.
This dry season, the department has set a target to grow 95,000 hectares but until now has only planted about 90,000 hectares or 95 percent of the planned output.
Large numbers of rice farmers, especially those in the northern parts of the country, have shifted to growing small commercial crops which leads to better profits and requires less water.
The challenge for the agriculture and forestry sector now is to have rice production reach its target of 4.3 million tons this fiscal year.
In an attempt to increase productivity, agricultural authorities have urged farmers to use modern technology and good seed varieties.
The Lao government has also urged farmers to produce quality rice for domestic supply and export only after surplus consumption
http://db.silkroad.news.cn/en/2017/0308/265653.shtml
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Sri Lanka's North-Eastern rice farmers badly hit by drought
Mar 08, 2017 11:10 AM GMT+0530 | 0 Comment(s)

 
ECONOMYNEXT - Rice farmers in Sri Lanka's North and East have been worst hit by an ongoing drought, with Jaffna district where almost all rice cultivation is rain fed, where almost of all the crop is facing total destruction, official data shows.
In the Northern Jaffna district where 10,400 hectares of rice rainfed rice was cultivated almost 99 percent was fully or partially destroyed by drought, during the ongoing Maha or main cultivation season, Department of Agriculture data shows.
About 50 percent, 5,233 hectares were totally damaged in Jaffna, 2,288 hectares were 75 percent damaged, 1,872 were 75 percent damaged and 947 were 25 percent damaged.
Jaffna has no major irrigation schemes, and other crops are mostly cultivated with groundwater. The region is legendary in Sri Lanka's culture for hardworking farmers who complain little.
Both the North and East was under a 30-year war until 2009, when the Sri Lanka government started to re-build irrigation facilities.
In Batticaloa in the Eastern province where 64,416 hectares of rice was sown, 41,446 or 64 percent was hit by drought with 17,939 hectares fully destroyed.
In Trincomalee where 34,796 hectares were sown, 20,000 or 57 percent was fully damaged.
In Mulativu in the East, 53 percent of the planted area was hit and in Mannar in the north west 40 percent was hit.
In Amparai also in the Eastern province, the top rice producing district outside of Mahaweli river valley areas, 74,836 hectares were sown, 18,267 or 24 percent was damaged, with 13,925 hectares fully damaged.
In Kilinochchi in the northern province, where 23,438 hectares were sown, 36 percent or8,470 hectares was drought hit with 1,000 fully destroyed already.
In Kurunegala another top rice producing area 42,740 hectares (51 percent of the usual) was sown and 14,452 or 34 was partially destroyed.
As at February 2017, rice farmers have sown 535,192 hectares in the current Maha season or 66 percent of the potential extent and 137,017 hectares were stricken with drought.
The government has promised 10,000 rupees an acre of compensation for farmers for rice and other crops.
Farmers are expected to lose 435,390 metric tonnes from damaged areas and another 110,327 tonnes from other fields in drought hit districts totalling 545,717 metric tonnes of rice paddy.
Sri Lanka is expected produce 1.33 million metric tonnes of paddy this season down from 2.9 million tonnes last year.
Sri Lanka was hit by a crushing drought last year with both monsoons failing due a cooler temperatures in the Western Indian Ocean which reduced precipitation in South Asia, a weather phenomenon known as an Indian Ocean Dipole negative event.
http://www.economynext.com/Sri_Lanka_s_North_Eastern_rice_farmers_badly_hit_by_drought-3-7511.html Analysis

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Ritter Grain Operations in Marked Tree Sold to Poinsett Rice & Grain
by Gwen Moritz  on Tuesday, Mar. 7, 2017 12:06 pm

Ritter Agribusiness of Marked Tree is exiting the grain services business, having sold its grain operations in Marked Tree to Poinsett Rice & Grain Inc.
The sale, which was completed Friday, was announced Tuesday by Kevin Wright, president of Ritter Agribusiness, and Ryan Carwell, vice president of Poinsett Rice & Grain.
Poinsett Rice & Grain, founded in the Poinsett County town of Waldenburg in 1988, acquired 20 employees along with the facility at Marked Tree. Wright said business will continue as before: buying rice, soybeans, wheat and corn from farmers; drying the rice; storing the grains; and selling the grains for the export market.
Four more Ritter's Grain Services employees will continue working at a leased facility in Otwell (Craighead County) until the end of March, when the lease will expire. Wright said the company would help those employees find new jobs.
Ritter Agribusiness will remain headquartered in Marked Tree and will continue its other businesses: managing 32,000 acres of company-owned farmland in the Delta and managing 16,000 acres of farmland for other owners. Ritter Agribusiness is also a partner in a cotton gin and warehouse operation.
“Delta farming is part of who we are and it is deeply embedded in our company history,” Wright said in a news release. “We remain committed to the agriculture industry and to the Marked Tree community. We’re excited about the opportunities that lie ahead.”

With the Marked Tree addition, Poinsett Rice & Grain owns and operates six storage facilities as well as a river port and a brown rice mill.
“We are pleased to have the opportunity to continue to grow our business as we serve Northeast Arkansas farmers and Arkansas agriculture as a whole,” Carwell said. “The acquisition of the Marked Tree facility gives our customers another marketing option that will prove beneficial to their businesses. It’s a win-win situation for all involved.”
Ritter Agribusiness is a subsidiary of E. Ritter & Co. of Marked Tree, which ranked 49th on Arkansas Business' most recent list of the state's largest private companies with 2015 revenue of $189.9 million
http://www.arkansasbusiness.com/article/115888/ritter-grain-operations-in-marked-tree-sold-to-poinsett-rice-grain


No order for Pakistani non-basmati rice in Gulfood exhibition
  Last Updated On 08 March,2017 10:34 am

Pakistan's rice exporters participated in Gulfood Exhibition in Dubai.
DUBAI (Roznama Dunya) - Pakistani non-basmati rice has failed in swamping Gulf food market as price of Indian, Vietnamese, and Thai rice is relatively lower.
According to details, Pakistan’s rice exporters participated in Dubai’s ‘Gulfood Exhibition’ but did not succeed in getting a single order for non-basmati rice.
"We are unable to compete Indian, Vietnamese, and Thai rice as their price is relatively lower when compared with Pakistani rice," narrated Rice Export Association of Pakistan Chairman Mahmood Baqi.
Baqi urged federal government for emergency measures to slash production cost at earliest.
Export orders will be acquired only when price of our product is lower than same product of other countries. Pakistan’s second largest export sector would face serious threats if government does not take timely steps, articulated Baq
http://dunyanews.tv/en/Business/378097-No-order-for-Pakistani-nonbasmati-rice-in-Gulfood
Industrial grain first up for auction
8 Mar 2017 at 08:52 2,534 viewed0 comments
NEWSPAPER SECTION: BUSINESS | WRITER: PHUSADEE ARUNMAS

(Bangkok Post file photo)
- +
The government is calling the first auction for 3.66 million tonnes of grain unfit for human consumption.
Interested bidders will be invited to hear the terms of reference on Friday and submit their bidding prices on March 23.
According to Duangporn Rodphaya, director-general of the Foreign Trade Department, the state rice stocks to be sold for industrial use cover 17 types of poor-quality grains including hom mali fragrant rice, white rice, glutinous rice and broken rice stored across 278 state warehouses in 39 provinces.
Mrs Duangporn said the state officials have pledged to come up with strict controls for poor-quality rice auctions to keep the grains separated from the normal rice market.
According to Mrs Duangporn, the government is also scheduled to announce the terms of reference for the auction of 1 million tonnes of decaying rice stored over five years for ethanol production by April.
In a related development, Mrs Duangporn said yesterday the national rice policy committee yesterday approved the Commerce Ministry's proposal to sell 1.35 million tonnes of rice from 127 state warehouses in the first general auction of state rice stocks in 2017 to 41 qualified buyers and fetch 13.20 billion baht in total.
The Foreign Trade Department announced on Jan 10 a call for the first general auction for the remaining 2.87 million tonnes fit for human consumption.
Interested bidders were allowed to inspect the rice stocks during Feb 6-10.
Qualified bidders were scheduled to submit their bids on Feb 16, with the names of the winners announced on the same day.
But the department on Feb 14 ordered the auction of 4,784 tonnes of hom mali rice at warehouses in Nakhon Sawan to be scrapped, as requested by the Public Warehouse Organisation.
According to Mrs Duangporn, the department will officially inform the winning bidders to sign rice deals with the state-run Public Warehouse Organisation and the Marketing Organisation for Farmers over the next 15 working days.
Since the May 2014 coup, 10.1 million tonnes of rice have been sold via 24 auctions, fetching 104 billion baht.
State-held rice stocks have fallen about 6.5 million tonnes from the 18.7 million tonnes accumulated during 2011-14.
This year, the government expects to be able to export not fewer than 9.5 million tonnes, slightly below last year's figures.
RECOMMENDED
http://www.bangkokpost.com/business/news/1210605/industrial-grain-first-up-for-auction

Wednesday, March 08, 2017

8th March,2017 daily global,regional and local rice e-newsletter by riceplus magazine




Envoy encourages Canadian companies to invest in Pakistan

 

By APP
Published: March 7, 2017
OTTAWA: Pakistan’s High Commissioner to Canada Tariq Azim Khan has invited Canadian companies to cash in on the investment opportunities emerging in Pakistan as a consequence of economic boom and demographic dividends.
“As Pakistan is on the threshold of economic boom, there is a huge potential for Canadian firms to capitalise on the growth that has led to a huge demand for consumer goods,” he said in a meeting with Manitoba Chamber of Commerce President Chuck Davidson.
Highlighting Pakistan’s economic achievements over the past few years, he said gross domestic product (GDP) growth before 2013 stood at 3%, but now the country was expected to achieve 5.5% growth in the current fiscal year.
He emphasised that the economy was set to grow over 8% between 2018 and 2025 with inflation rate in single digit. In 2016, Pakistan Stock Exchange was the best-performing bourse in Asia and its benchmark index had risen from 18,000 to 50,000 points in just three years.
Chinese investment in a gigantic economic corridor and a booming middle class in Pakistan have instilled confidence in foreign investors. “Ongoing infrastructure and energy projects under CPEC (China-Pakistan Economic Corridor) will usher in a new era of prosperity and development in the region,” he said.
The high commissioner pointed out that trade between Pakistan and Manitoba province of Canada had risen almost 100% over the past two years, but still a huge potential existed for enhancing commerce between the two sides. He said textile products including bed linen, sports goods, surgical instruments, Basmati rice, leather products and mangoes of Pakistan were of best quality.
He asked the chamber president to form a delegation of investors for a trip to Pakistan in order to explore investment opportunities, meet Pakistani counterparts and forge linkages.
Davidson explained that cultural diversity in Manitoba due to immigration boom over the past few years had brought positive developments in the economy of the province.
Published in The Express Tribune, March 7th, 2017

Canadian investors urged to explore Pakistan

Description: Canadian investors urged to explore Pakistan
KARACHI: Pakistan has invited Canadian companies to benefit from the investment opportunities unfolding in the country following game-changing economic development and rising demographic dividend, a statement said on Monday.
"As Pakistan is on a threshold of economic boom, there lies a huge potential for Canadian firms to capitalize on the spurring growth that has led to huge demand of consumer goods,” High Commissioner to Canada Tariq Azim Khan told Chuck Davidson, president of Manitoba Chamber of Commerce during a meeting in Winnipeg.
Pakistan’s GDP growth before 2013 stood at 3 percent, and now it is expected to achieve 5.5 percent growth rate this year.”
Khan informed Davidson Pakistan’s economy is set to grow over 8 percent between 2018 and 2025 --with a single-digit inflation.
Pakistan Stock Exchange (PSX) has been declared the best performing capital market in Asia 
and its benchmark index has risen from 18000 to 50,000 in only three years,” he added.
The Chinese investment, he said, in China-Pakistan Economic Corridor (CPEC) and the booming middle class in Pakistan have boosted the confidence of foreign investors to a heartening measure.
“The ongoing infrastructure and energy projects under China-Pakistan Economic Corridor will usher in a new era of prosperity and development in the region,” the Pakistani high commissioner said.
Khan also briefed Davidson the trade between Pakistan and Manitoba province has risen almost 100 percent during the last two years, but still, there exists a huge potential for enhancing trade between the two countries.
“Textile products including bed linen, sports goods, surgical instruments, basmati rice, leather products, and mangoes from Pakistan are of best quality in the world,” Khan said offering the chamber to host a delegation of Canadian investors in Pakistan, where they can explore the investment opportunities that lie in the country and meet with their counterparts for developing synergies.
Speaking on the occasion, Davidson told Khan the cultural diversity of the province due to immigration boom during the last few years has had a positive impact on economy of the province.
“Manitoba has a diverse economy led by the agriculture sector. Its main exports to Pakistan were agriculture products including lentils, seeds, oilseeds and spices,” he added.  Moving forward, he agreed there was a huge potential for cooperation between Manitoba and Pakistan, while both sides agreed to work together for enhancing trade and for exchange of business delegations for exploring trade opportunities. Anis Khan, President Pakistan Business Association of Manitoba was also present in the meeting
https://www.thenews.com.pk/print/190552-Canadian-investors-urged-to-explore-Pakistan
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Rs 5,262 cr bank loan fraud: NCLT orders initiation of CIR process for Basmati rice exporter REI Agro

 

The National Company Law Tribunal (NCLT), Kolkata, has ordered for initiation of the Corporate Insolvency Resolution process in respect of Basmati rice exporter REI Agro, which has allegedly been involved in a massive bank loan fraud, under the provisions of Insolvency and Bankruptcy Code.

By: FE Bureau | Kolkata | Published: March 7, 2017 7:24 PM
Description: http://images.financialexpress.com/2017/03/bank-loan-fraud-reuters.jpg
United Bank of India (UBI) had filed a winding up petition against REI Agro in the Kolkata High Court in 2014 for failing to repay Rs. 224 crore loans it had borrowed from the bank. (Representative Image: Reuters)
The National Company Law Tribunal (NCLT), Kolkata, has ordered for initiation of the Corporate Insolvency Resolution process in respect of Basmati rice exporter REI Agro, which has allegedly been involved in a massive bank loan fraud, under the provisions of Insolvency and Bankruptcy Code. The city-based company has allegedly defrauded a 20-lender consortium, led by public sector Uco Bank, through conspiracy, cheating and forgery. The consortium of bankers had extended a staggering Rs 5,262 crore loan to the Basmati rice processing and marketing company. In a stock exchange filing on Tuesday, REI Agro Limited said pursuant to filing of an application by Surendra Kumar Joshi, an operational creditor of the company, the NCLT, Kolkata, has ordered for initiation of the Corporate Insolvency Resolution process vide its order dated February 27.

By the order of the Tribunal, the powers of the board of directors of the company stand suspended and such powers will be vested with Anil Agarwal, who has been appointed as an Interim Resolution Professional to carry out all compliances as per the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) in respect of the company.
After passing of the order, the NCLT has granted a moratorium to the company. It prohibits any action to foreclose, recover or enforce any security interest created by the lenders in respect of its property, including any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. It also prohibits recovery of any property by an owner or lessor where such property is occupied by or in the possession of the lenders.
Significantly, Uco Bank had filed a recovery suit in the debt-recovery tribunal (DRT) nearly two years ago on behalf of the group of banks over a whopping unpaid debt.
http://www.financialexpress.com/market/commodities/rs-5262-cr-bank-loan-fraud-nclt-orders-initiation-of-cir-process-for-basmati-rice-exporter-rei-agro/578522/


Sebree and Wells Inducted into Arkansas Agriculture Hall of Fame
By Lana Roth

LITTLE ROCK, AR -- Last Friday, at the 29th annual luncheon sponsored by the Arkansas Farm Bureau and the Arkansas State Chamber of Commerce, Gary Sebree and the late Dr. Bobby Wells were inducted into the Arkansas Agriculture Hall of Fame. 
A third-generation rice farmer, Sebree farms approximately 2,000 acres of rice and soybeans near Stuttgart, Arkansas.  He was elected to the Producers Rice Mill board of directors in 1971 where he served for 43 years, the final 24 of those as chairman, from 1990 to 2014.  When Sebree assumed his leadership role at Producers, a farmer-owned cooperative, Arkansas rice acreage totaled 24 percent of the U.S. crop.  By the time he retired from the board in 2014, Arkansas was producing more than 50 percent of the entire U.S. crop, a distinction it still holds.

Sebree was chairman of USA Rice from 2002-2004 and recently received the Rice Lifetime Achievement Award at the 2016 USA Rice Outlook Conference.

Dr. Bobby Wells, former head of the University of Arkansas System Division of Agriculture Agronomy Department, was a world-renowned expert on rice production, with a special emphasis on rice nutrition and soil fertility.  He was principle developer of the nitrogen fertilizer application method known as the Arkansas three-way split application scheme, which has been found to be the most efficient method of fertilizing rice with nitrogen world-wide.  Wells was honored for his contributions of research, teaching, and service to the rice industry.

USA Rice Exhibit A Crowd Pleaser at Mid-South Farm & Gin Show
By Randy Jemison
 MEMPHIS, TN -- Thousands of attendees to the 65th Annual Mid-south Farm and Gin Show visited the USA Rice booth this past weekend.  The annual trade show, known as an American agricultural event, attracts approximately 18,000 visitors over the two-day time frame.
 
USA Rice joined 400 other exhibitors from 40 states and fifteen countries to share the rice message.  For the second year, USA Rice staff set up an exciting prize wheel to draw visitors and create opportunities to talk about the rice industry and the awesome commodity it produces. 
This year, in addition to receiving rice prizes for answering rice questions correctly, patrons also were given new materials including a coloring booklet for children ages 2-8, to teach them about rice grown in the U.S., and two new rice recipe brochures titled Rice: The Grain to Go With and Rediscover Rice.
"The coloring books were a big hit," said USA Rice staffer Mary Jemison.  "And not only with the kids but with their parents, too.  Several teachers attending the show were interested in using them in their classrooms back home."
USA Rice members also participated in two educational seminars offered at the show.  Carl Brothers, COO at Riceland Foods, updated participants on the outlook for rice and wheat, and Milo Hamilton, co-founder and senior agricultural economist of Firstgrain, Inc., conducted a special rice marketing educational seminar.

NFAC to look into government-led rice importation

Description: http://s3-ap-southeast-1.amazonaws.com/business-mirror/uploads/2017/03/06194037/agri01-030717-696x458.jpg
The National Food Authority Council (NFAC) said it will investigate the government’s rice importation transactions after NFA officials refused to allow the extension of the deadline for the arrival of rice imported via the minimum access volume (MAV) scheme.
Cabinet Secretary Leoncio B. Evasco Jr., who is also ex-officio chairman of the NFAC, said he will push for the creation of a special committee that will look into the government’s rice imports during the council’s next meeting.
“I will propose the creation of a special committee to investigate officials who have been making a cash cow out of government-led importations,” Evasco said in a statement.
He also said the NFAC has long been requesting the NFA for copies of the terms of reference of all international and domestic cargo handlers. Evasco said the NFA management has yet to provide the council with these documents.Evasco noted that cargo handling does not go through the regular procurement process prescribed by Republic Act 9184, or the Government Procurement Reform Act, as it is considered as supplier’s choice.
“It creates serious doubt on the part of the NFAC when some of the NFA’s executives have been insisting on government-to-government procurement despite lack of recommendation to import from the National Food Security Committee [NFSC],” he said.
The NFSC recommends to the NFAC whenever there is a need to purchase imported rice. The council has the final say on the volume and the timing of the importation.Despite the lack of recommendation from the NFSC to import rice, Evasco said the NFA informed Hanoi that Manila would purchase rice from Vietnam this month for the food agency’s buffer stock.
“We have received a copy of NFA Administrator Jason Laureano Y. Aquino’s letter to Vietnam embassy, informing the latter that the Philippine government will open a state-to-state importation this month for its buffer-stock. That letter was sent to Vietnam embassy behind the Council’s back,” he said.
Evasco said this could be the reason behind the “blatant refusal” of Aquino to honor and implement the NFAC’s decision to extend rice importation through the MAV scheme by a month or until March 31.
As of press time, Aquino could not be reached for comment. NFA Spokesman Marietta J. Ablaza said the food agency will issue a statement on the allegations made by the NFAC on Tuesday.
The NFA is one of the 12 agencies tasked with resolving food security and poverty issues that are under the administrative supervision of the Office of the Cabinet Secretary.
The National Economic and Development Authority (Neda) said expanding the government’s rice procurement program would help stabilize the farm-gate price of the staple and allow farmers to earn more.
“In anticipation of the farmers’ good harvest this summer season, the NFA should procure directly from local farmers to boost its buffer-stock. That is the best way to protect them [farmers]. Assuring our local farmers that they have a steady market for their produce whatever happens,” Neda Secretary Ernesto M. Pernia said in a statement.
Image Credits: Bloomberg
http://www.businessmirror.com.ph/nfac-to-look-into-government-led-rice-importation/

My day on a plate: Dr Karl Kruszelnicki

Dr Karl Kruszelnicki, scientist and author, 68.

7am Big radio/TV day. Cuppa tea (loose leaf – hate tea bags!) with milk. Rolled oats, chia seeds, apple, cashews, cardamom and cinnamon, milk and brown sugar. (Not into super foods, I just like variety.)
8.30am Black coffee (a vasoconstrictor) and dark chocolate (a vasodilator). Delicious, and I love the Zen-like physiological balance.
1pm Leftovers of basmati rice, stirfried greens and barbecue pork. Black coffee and chocolate.
3pm Finish leftovers – prince of foods! Tap water.
3.30pm An apple and a pear.
6.30pm Vegetarian daughter is home. Spiced chickpeas, yoghurt, spicy spinach and eggplant with flat bread. I bite on an unexpected rock (in chickpeas). Other daughter says rock must have fallen out of my head into my dinner! Two glasses of chardonnay and tap water.
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9.30pm Tiny glass of muscat, watching Offspring with the gang.

Dr Joanna McMillan says:

Top marks for… Using up leftovers – food waste in Australia is a huge problem, plus leftovers are often healthier than grabbing food available at work. You also have a fabulous variety of foods, including plant foods and spices.
If you keep eating like this you’ll… Fuel that brain nicely for years to come! We need the antioxidants plant foods provide to protect our cells from damage as we age. However, you are lacking in long-chain omega-3 fats on this day, vital for brain function as well as heart health. 
Why don’t you try… Eating oily fish such as salmon, trout or sardines at least twice a week. It’s difficult to meet daily omega-3 requirements, so I also recommend taking a supplement.
Dr Karl’s 40th book, The Doctor (Macmillan Australia), is out now.

http://www.smh.com.au/lifestyle/health-and-wellbeing/my-day-on-a-plate/my-day-on-a-plate-dr-karl-kruszelnicki-20170306-gurkt0.html

Sellers of U.S. long grain rice face strong headwindsDescription: Bobby Coats and Nathan Childs answer questions at Rice Outlook Conference
Bobby Coats, left, University of Arkansas, and Nathan Childs, right, USDA economist, visit with David Jessup, president and CEO of DeWitt Bank and Trust in DeWitt, Ark., at the USA Rice Outlook Conference.

Increased rice supplies could add to burdensome stocks situation for world's foremost food commodity.
Bobby Coats | Mar 06, 2017
First, demand for U.S. long grain rice exports remains problematic. This is, in part, a function of quality, protectionism, nationalism, macro issues, etc.
Presently 2016/17 long grain rice ending stocks are estimated at 31.7 million cwt, the 3rd largest since 1985; the five-year average is 22.3 million cwt and a 10 year average is 23.8 million cwt. (See http://www.deltafarmpress.com/rice/rice-outlook-us-and-world-supply-and-demand-charts.)
Second, World Rice Supply Exceeds Demand
World Rice-Cliff Note Version
·        World rice rough production at 716 million metric tons is the highest on record.
·        World rice milled production at 480 million metric tons is the highest on record.
·        World trade at 41.5 million metric tons is the 4th highest on record with anemic global growth slowing global trade and raising protectionism barriers.
·        World rice total use at 479 million metric tons highest on record.
·        World rice ending stocks at 118 million metric tons – highest since 2001/02.
Third, all countries will elevate their level of protectionism in hard economic times. This is especially true of their rice sector.   
The world’s global economies are frail and filled with more risk, uncertainty and potential anomaly events than most realize. This leads most countries to focus on self-sufficiency, revisiting ongoing trade agreements or not adhering to current trade agreements, and embracing a higher level of nationalism.
Said differently, this leads to an intense security focus country after country around the world not only related to food security but also related to economic, homeland, and energy security.
Food Security: Rice’s importance in feeding the world’s population cannot be overstated. Why? These are historic economic, political and social times, at least for the modern era post-World War II. All countries strive for a high level of self-sufficiency in hard economic times, when it comes to feeding their population be damn trade agreements.
Trade: Today, there is increasingly less emphasis on globalization and increasing emphasis on nationalism with secondary emphasis on regional trade.
In today’s global economic setting countries will be increasingly supportive of their domestic rice sector, regional rice imports, and multi-lateral trade agreements, over the globalization trade model and justifiably so from a homeland security perspective.
Fourth, Global Dollar Dominance Will Grow This Year: An increasingly strong dollar over the next 1 to 2 years will be highly problematic for U.S. exports with some exports being impacted more than others.
Dollar’s Biggest Threat: The biggest near term threat to the dollar (stronger dollar) this year is from the slow motion European Union Unwind.
The United Kingdom’s vote to start the process of exiting the European Union was only the tip of the iceberg. Populist’s movements exist throughout Europe and especially in the European Union Countries where bureaucracy and heavy socialism are chocking the life blood out of countries.
French Elections: If Marine Le Pen wins the first round of the 2017 French Presidential Election to be held on April 23, 2017, but she does not have a majority, then a run-off election between the top two candidates will be held on 7 May 2017.
The point is Le Pen is riding a “Populist Tidal Wave” and she will likely be France’s next President.
The importance of a Le Pen win to our rice discussion is that a Le Pen win means the European Union Unwind will be guaranteed. The only question is how long and orderly or disorderly the breakup.
What’s the impact on the EURO and the Dollar with a Le Pen win?  
EURO: With a Le Pen win the EURO currency will likely show more weakness than strength against the dollar until its demise be that a couple of years or longer.
The dollar’s strength will become increasingly problematic for U.S. exports including rice. Now there are an array of currency relationships that will be impacted but that is a discussion for another day.

Conclusion:
If U.S. long grain rice producers overplant in 2017 given present fundamentals and no new demand source, will likely provide huge market challenges during the 2017 marketing period.
·        You can certainly start to understand that the President, Congress and Federal Reserve and their counterparts around the world along with global business are operating in historic uncertain times Post-World War II, so EXPECT THE UNEXPECTED FROM MARKETS.
Long Grain Rice Cliff Note Version:
·        2016 long grain rice harvested acres estimated at 2,400,000 acres 31% above 2015, 5 year average 1,904,800, 10 year average 2,120,300, and 15 year average 2,268,467 acres
·        The U.S. LG rice yield is estimated at 6,927 pounds per acre or 154 bushels per acre
·        2016/17 long grain rice beginning stocks at 22.7 million cwt, previous 10 year average was 24.8
·        2016/17 long grain rice production is estimated at 166.5 million cwt, 25% above last year, 5 year average 138 and 10 year average 147
·        2016/17 long grain rice total supply is estimated at 209.7 million cwt, 3rd largest on record, 16% above last year, 5 year average 182 and 10 year average 189
·        2016/17 long grain rice domestic and residual use is estimated at 102 million cwt, 3rd largest on record, 5 year average 90 and 10 year average 94
·        2016/17 long grain rice total exports is estimated at 78 million cwt, 5 year average 70 and 10 year average 72
·        2016/17 long grain rice total use is estimated at 178 million cwt, 4th largest on record, 5 year average 159 and 10 year average 166
·        2016/17 long grain rice ending stocks are estimated at 31.7 million cwt, 3rd largest since 1985, 5 year average 22.3 and 10 year average 23.8

 Bobby Coats is a professor in the Department of Agricultural Economics and Agribusiness, Division of Agriculture, University of Arkansas System. E-mail: recoats@uark.edu.
http://www.deltafarmpress.com/rice/sellers-us-long-grain-rice-face-strong-headwinds

Rice Outlook U.S. and World Supply and Demand Charts

Plans to increase rice acres should be tempered by consideration of the current market fundamentals.

Any increase in U.S. rice acres in 2017 could be problematic for rice prices, an analysis of the fundamentals in the rice markets indicates.
Dr. Bobby Coats, professor of agricultural economics and agribusiness at the University of Arkansas Systems Division of Agriculture, says the current fundamentals and no new source of demand will make any improvement in rice prices difficult in 2017.
“You can certainly start to understand that the president, Congress and Federal Reserve and their counterparts around the world along with global business are operating in historic uncertain times Post-World War II,” he said.
“So growers need to expect the unexpected from markets and make their planting decisions accordingly.”
Dr. Coats prepared the accompanying slide show to help illustrate the market fundamentals in play in the U.S and world markets.
http://www.deltafarmpress.com/rice/rice-outlook-us-and-world-supply-and-demand-charts

PHILIPPINES' FOOD SECURITY AGENCY PLANS TO IMPORT 250,000T RICE SOON

3/7/2017

MANILA, March 7 (Reuters) - The Philippines' food security
agency said on Tuesday it was looking to import 250,000 tonnes
of rice as soon as possible via a government-to-government deal
with any of its traditional suppliers such as Vietnam and
Thailand.
The volume will augment rice imports of around 543,000
tonnes shipped in by private traders between December and
February, and help boost state buffer stock ahead of the
country's lean harvest season beginning in July, it said.
The National Food Authority (NFA) has informed Vietnam of
its import plan via a letter to its embassy in Manila, it said
in a statement.
Major rice suppliers, Vietnam and Thailand, are keeping an
eye on any fresh demand from the Philippines, one of the world's
biggest buyers, but the NFA has yet to decide when to issue a
tender for its import requirement.
The timing remains uncertain as the NFA Council, a panel
comprising the country's economic managers, still has to approve
the terms of reference.
The planned purchase is part of the 500,000-tonne import
volume the NFA Council approved last year. The NFA had bought
only 250,000 tonnes -- 150,000 tonnes from Vietnam and 100,000
tonnes from Thailand.
"We need the additional 250,000 tonnes for our buffer
stock," NFA spokeswoman Marietta Ablaza told Reuters. "We are
running out of time."
Ablaza could not say if the NFA has formally informed
Thailand of its import plan.
http://www.agriculture.com/markets/newswire/philippines-food-security-agency-plans-to-import-250000t-rice-soon

Thailand aims to export 10 million tonnes of rice in 2017

VNA 
Description: http://img.en.vietnamplus.vn/t660/Uploaded/wbxx/2017_03_07/ttxvn_thai_lan_gao.jpgA Thai farmer harvests rice at a field in Narathiwat province on March 17, 2016
Bangkok (VNA) – The Thai Government has set a target of exporting 10 million tonnes of rice in 2017, including 1 million tonnes sold in governmental contracts and the rest through private exporters.

According to Thai Minister of Commerce ApiradiTantraporn, this year, the country will ship abroad 900,000 tonnes of rice to China under a contract with the Chinese Government after selling 100 tonnes to the country earlier.

Thailand will also seek another contract to sell1 million tonnes of rice to China within the framework of the memorandum of understanding on bilateral agriculture cooperation, he said.

For the private sector, the Thai government will support domestic exporters in shipping 5.19 million tonnes of rice to the African market, 2.22 million tonnesto Asian countries, 630,000tonnesto the US and Canada, 390,000tonnes to Europe, 360,000tonnes to the Middle East and 210,000 tonnes to Oceania.

The Ministry of Commerce will also launch a programme to enhance the image of Thai rice trademark in various markets, while exploring the possibility of exportingrice to new markets such as Japan, Hong Kong (China), Cuba and Mexico. 

At the same time, Thailand is also considering the feasibility of a plan to build a rice warehouse in Benin, West Africa to serve the massive African market.-VNA
http://en.vietnamplus.vn/thailand-aims-to-export-10-million-tonnes-of-rice-in-2017/108266.vnp
           
Mexico's rice import plan may open door for Vietnamese grain
By Ho Binh Minh   March 7, 2017 | 02:45 pm GMT+7
Farmers on a rice paddy field in Phu Tho near Hanoi. Reuters/Kham
Description: Mexico's rice import plan may open door for Vietnamese grainThe plan could help Vietnam's rice shipments rebound from an eight-year low in 2016.The Mexican government has given the green light for 150,000 tons of rice to be imported at a zero percent tariff to meet domestic demand and diversify its supply sources, a move that would cut the market share currently held by the U.S. and open the door to Vietnamese rice, the Mexican government and traders said.
Imports of both paddy -- or unhusked rice -- and milled rice, can take place before the end of 2017, the Mexican government said in a statement published on its Official Gazette on March 1.
Even though Mexico's rice output grew more than 8 percent per year from 2012-2016, it could not meet domestic demand, and the country still had to import 82.6 percent of its needs from "mainly a single supply country", the statement said.
Mexico imports paddy only from the United States, and milled rice from Uruguay, with which it has signed free-trade agreements, according to Vietnam's Industry and Trade Ministry. Thailand, the world's second-biggest rice exporter after India, also sells its long grain to Mexico.
The zero-tariff import plan could help increase rice shipments from Vietnam, the world's third-largest exporter, after it lost its rank in 2015 of being Mexico's second-biggest supplier as a result of a 20 percent tariff on rice imports.
Vietnam sold 67,000 tons of milled rice to Mexico in 2014, soaring from 12,000 tons the previous year, according to the U.S. Rice Federation, which represents the voice of the U.S. rice industry.
While the Mexican government's plan may not boost Vietnamese rice exports immediately, it has made the market "nervous" as it would reduce its reliance on U.S. rice imports, which usually stand at around 800,000 tons a year, the U.S. industry body said in a February report on its website.
“For a long time, Mexico has been an almost exclusively paddy market and a lock for U.S. exporters,” Brian King, chairman of USA Rice and of USA Rice’s Western Hemisphere Promotion Subcommittee, was quoted as saying in another report published on March 2 by the federation.
"While the United States still dominates the paddy market, Uruguay has supplanted U.S. as the leading milled rice origin for what the trade reports as having better quality,” he said. Last year U.S. milled rice exports to Mexico fell to a record low of 49,000 tons.
Traders in North America said the current price spreads are not large enough to favor Asian rice over U.S. grain, and that these spreads need to be significant to offset foreign exchange risks, increased delivery times, and potential phytosanitary issues.
"However, the threat of increased Asian imports does exist, especially as the potential for price spreads widens," the federation's report said.
U.S. long grain grade 2, 4 percent broken stood at $438 a ton in 2016, or $42 a ton above Thai 5-percent broken grain, narrowing from $104 the previous year, based on data from the U.N. Food and Agriculture Organization in its March 2017 report. The gap further narrowed to $34 a ton in February this year, the report said.
Vietnamese 5-percent broken rice prices were $20-$40 a ton below Thai grain in the first two months of 2017, the FAO said.
Vietnam has seen a slow start for rice exports in 2017, with shipments falling on thin demand in key markets in Southeast Asia and Africa.
January-February's rice exports dropped 17 percent from a year ago to 799,000 tons, the agriculture ministry said. The country plans to export around 5 million tons of milled rice in 2017, slightly up from last year's 4.8 million tons, the lowest since 2008.
"Despite the small quantity, Mexico's plan is a good push for Vietnam's rice market which has been slow so far this year," a Vietnamese trader at a foreign firm in Ho Chi Minh City said.
Mexico said it would allow rice importers three shipments each with a maximum of 10,000 tons a time by December 31, 2017.
http://e.vnexpress.net/news/business/mexico-s-rice-import-plan-may-open-door-for-vietnamese-grain-3551611.html
Nagpur Foodgrain Prices Open-March 08,2017
Nagpur Foodgrain Prices – APMC/Open Market-March 8

Nagpur, Mar 8 (Reuters) – Gram and tuar prices firmed up again in Nagpur Agriculture Producing
and Marketing Committee (APMC) on good Holi festival season demand from local traders amid weal
supply from producing regions. Healthy rise in Madhya Pradesh gram prices and repeated enquiries
from South-based millers also pushed up prices, according to sources.

    FOODGRAINS & PULSES

   GRAM
   * Desi gram reported higher in open market on good demand from local traders amid thin
     arrival from producing belts. 
  
   TUAR
   * Tuar gavarani and tuar Karnataka recovered in open market here on good demand
     local traders amid weak supply from producing regions.

   * Wheat Lokwan moved down in open market here on lack of demand from local traders
     amid good arrival from producing belts.           
                                           
   * In Akola, Tuar New – 4,400-4,500, Tuar dal (clean) – 6,700-6,900, Udid Mogar (clean)
    – 8,500-9,000, Moong Mogar (clean) 6,600-6,900, Gram – 5,000-5,100, Gram Super best
     bold – 7,500-7,700 for 100 kg.

   * Other varieties of wheat, rice and other commodities moved in a narrow range in
     scattered deals, settled at last levels.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
   
     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                     4,400-4,810         4,100-4,820
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,900-4,420         3,900-4,300
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            7,500-8,000        7,500-8,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            6,600-7,000        6,600-7,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,700-4,800        4,700-4,800
     Desi gram Raw                4,950-5,250         4,900-5,200
     Gram Yellow                 7,700-8,200        7,700-8,200
     Gram Kabuli                11,800-13,000        11,800-13,000
     Tuar Fataka Best-New             6,800-7,000        6,800-7,000
     Tuar Fataka Medium-New        6,400-6,600        6,400-6,600
     Tuar Dal Best Phod-New        6,000-6,200        6,000-6,200
     Tuar Dal Medium phod-New        5,500-5,800        5,500-5,800
     Tuar Gavarani New             4,600-4,800        4,400-4,500
     Tuar Karnataka             4,550-4,750        4,450-4,650
     Masoor dal best            5,600-5,800        5,600-5,800
     Masoor dal medium            5,300-5,500        5,300-5,500
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        6,900-7,200         6,900-7,200
     Moong Mogar Medium            6,200-6,600        6,200-6,600
     Moong dal Chilka            5,500-6,100        5,500-6,100
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            6,100-6,900        6,000-6,700
     Udid Mogar best (100 INR/KG) (New) 8,500-9,500       8,500-9,500
     Udid Mogar Medium (100 INR/KG)    7,600-8,000        7,500-8,000   
     Udid Dal Black (100 INR/KG)        5,300-5,600        5,300-5,600    
     Batri dal (100 INR/KG)        5,200-5,500        5,200-5,500
     Lakhodi dal (100 INR/kg)          3,600-3,800         3,600-3,800
     Watana Dal (100 INR/KG)            3,000-3,100        3,000-3,100
     Watana White (100 INR/KG)           3,200-3,400           3,200-3,400
     Watana Green Best (100 INR/KG)    3,800-4,300        3,800-4,300  
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    2,000-2,100        2,000-2,100  
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300        
     Wheat Lokwan new (100 INR/KG)    1,950-2,400        2,000-2,350
     Wheat Lokwan best (100 INR/KG)    2,350-2,550        2,500-2,700   
     Wheat Lokwan medium (100 INR/KG)   2,050-2,350        2,200-2,500
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-4,200        3,600-4,200   
     MP Sharbati Medium (100 INR/KG)    2,700-3,200        2,700-3,200          
     Rice BPT new (100 INR/KG)        2,800-3,200        2,800-3,200
     Rice BPT best (100 INR/KG)        3,200-3,600        3,200-3,600   
     Rice BPT medium (100 INR/KG)        2,700-3,000        2,700-3,000   
     Rice Luchai (100 INR/KG)         2,200-2,500        2,200-2,500
     Rice Swarna new (100 INR/KG)       2,250-2,450        2,250-2,450  
     Rice Swarna best (100 INR/KG)      2,400-2,600        2,400-2,600  
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400  
     Rice HMT New (100 INR/KG)        3,200-3,600        3,200-3,600
     Rice HMT best (100 INR/KG)           3,800-4,200        3,800-4,200   
     Rice HMT medium (100 INR/KG)        3,200-3,500        3,200-3,500   
     Rice Shriram New(100 INR/KG)           4,200-4,600        4,200-4,600
     Rice Shriram best 100 INR/KG)    5,200-5,500        5,200-5,500
     Rice Shriram med (100 INR/KG)    4,700-5,000        4,700-5,000  
     Rice Basmati best (100 INR/KG)    9,200-13,300        9,200-13,300    
     Rice Basmati Medium (100 INR/KG)    5,000-6,200        5,000-6,200   
     Rice Chinnor New(100 INR/KG)        4,600-4,800        4,600-4,800
     Rice Chinnor best 100 INR/KG)    5,600-6,200        5,600-6,200   
     Rice Chinnor medium (100 INR/KG)    5,100-5,500        5,100-5,500  
     Jowar Gavarani (100 INR/KG)        2,000-2,300        2,000-2,300   
     Jowar CH-5 (100 INR/KG)         1,900-2,000        1,900-2,000

WEATHER (NAGPUR) 
Maximum temp. 33.0 degree Celsius, minimum temp. 21.0 degree Celsius
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 33 and 20 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices)
http://in.reuters.com/article/nagpur-foodgrain-idINL3N1GL366

Farmers flout crop warnings

7 Mar 2017
NEWSPAPER SECTION: NEWS | WRITER: SUTHORN PONGPAO & CHOODEJ SIHAWONG
A buffalo herd struggles in a dried-up field in Bang Rakam district of Phitsanulok province. Water experts and the Royal Irrigation Department have warned farmers there might not be enough water for their second-season rice crops. (Photo by Chinnawat Singha, Post Today)
Farmers in the Central Plains provinces are planting more off-season rice crops than allowed at their own peril, a senior irrigation officer warned.
Bowdaeng Takaew, head of the Ayutthaya Irrigation Project, said many farmers in the Central region have refused to cooperate with authorities and gone ahead with planting the crops despite warnings of a water shortage this summer.
A survey by the authorities found farmers in the Central Plains have grown more than 5.3 million rai of off-season rice crops, 2.7 million rai more than the Royal Irrigation Department (RID) is able to supply water for.
The Rangsit-Nakhon Nayok road subsides in the middle as the adjacent Khlong 9 dries up. Apichit Jinakul
In many areas, the rice crops are around two months old and due for harvest at the end of April, he added.Irrigation officials have repeatedly warned farmers of an impending drought and a water shortage in many parts of the country.The RID also urged farmers to switch to growing drought-resistant crops.In Ayutthaya alone, more than 570,000 rai of off-season rice crops have been grown. However, the province has enough water to feed 340,000 rai of the rice, Mr Bowdaeng said.The water shortage would adversely affect agricultural production and selling prices, he said.The water scarcity will also undermine the provincial water management plan as farmers will be desperate in looking for water sources to be diverted to their farmland for use, possibly leading to water conflict.
Meanwhile, farmers in drought-hit Chai Nat have showed resilience as they have opted for alternative crops.
Kitti Paeng Nakhon, 58, a farmer in Moo 7, tambon Thammamoon, Muang district of Chai Nat decided to grow peanuts, which require less water consumption this summer.
He found peanuts generated more income than even the off-season rice.
Mr Kitti said he received 17,000 baht per rai from selling his peanuts to a middle-man.
The peanuts, he added, would fetch a higher price if sold directly to vendors who boil them for sale, he added.
Since December, Mr Kitti has grown peanuts at his farm using water pumped from the Chao Phraya River. He had invested around 7,000 baht per rai for growing peanuts.
The mature peanuts can be harvested in 60 days, according to him.
He said the peanuts also produce more yields and command a better price than off-season rice, although he did not say how much he made from selling rice.
Last week, the Agriculture Ministry said the water levels in 34 main reservoirs and dams were adequate, with 21 billion cubic metres of usable water stored in total, which is seven billion cubic metres more than at the same time last year.
However, the Department of Disaster Prevention and Mitigation warned that some of the large reservoirs might have to stop feeding water to farmland in coming weeks, when temperatures are predicted to surge in many agricultural areas.
Farmers in the Central Plains provinces are planting more off-season rice crops than allowed at their own peril, a senior irrigation officer warned. Bowdaeng Takaew, head of the Ayutthaya Irrigation Project, said many farmers in the Central region have refused to cooperate with authorities and gone ahead with planting the crops despite warnings of a water shortage this summer.
 A survey by the authorities found farmers in the Central Plains have grown more than 5.3 million rai of off-season rice crops, 2.7 million rai more than the Royal Irrigation Department is able to supply water for. In many areas, the rice crops are around two months old and due for harvest at the end of April, he added. Irrigation officials have repeatedly warned farmers of an impending drought and a water shortage in many parts of the country.

Government should secure PHL rice buffer stock

Description: http://s3-ap-southeast-1.amazonaws.com/business-mirror/uploads/2017/02/rice2.jpg
The government must be wary of allowing the private sector to import the rice buffer stock of the country, as some unscrupulous traders could make the staple more expensive, according to Agriculture Secretary Emmanuel F. Piñol.

During the Cabinet meeting on March 6, Piñol said he warned the President against letting the private sector secure the country’s buffer stock, as this would be disadvantageous to consumers.
“I told the President that we should be cautious about the rice importation of the private sector. If the purpose is to come up with a buffer stock, letting the private sector import won’t work,” he told reporters in an interview on Tuesday.“What some of those in the private sector do is that they restock and rebag the imported rice, which they would sell in the market as commercial rice. This will not help consumers,” Piñol added.

While it would be ideal to purchase the paddy rice produced by local farmers, the chief of the Department of Agriculture (DA) said the National Food Authority (NFA) has not been able to significantly expand its palay-procurement program.The NFA buys rice from farmers at a support price of P17 per kilogram to augment its buffer stock, which the food agency releases to areas devastated by natural calamities.

Piñol said he also asked  Duterte to again include the DA in the National Food Authority Council (NFAC), which decides on the government’s rice importation. He said the decision to import also takes into account the welfare of farmers, particularly the timing.“When I reviewed the law, Presidential Decree 1770 of the NFA, it is stated that the Ministry of Agriculture is a member of the council. But, in reality, we are not included,” he said.

“We have been shut out [in rice-importation plans]. That’s why I told the President if we could be included in the NFAC, so we could give our inputs on the matter. The President said, ‘Okay’,” Piñol added.The NFAC is the highest policy-making body that oversees the affairs of the NFA, particularly in deliberating and approving rice-importation proposals via government to government or the minimum access volume (MAV) scheme.

The DA was dislodged from the NFAC, after the NFA was transferred to the administrative supervision of the Presidential Assistant for Food Security and Agricultural Modernization by former President Benigno S. Aquino III. Prior to its transfer, the NFA was attached to the DA.
Piñol said he made the proposal to Duterte when the issue of the tension between the NFAC and the current NFA management was raised during the Cabinet meeting. He added he would write a formal letter to Duterte to request for the inclusion of the DA in the NFAC.

At  present, the NFAC is comprised of the Cabinet secretary sitting as its chairman, while the NFA administrator serves as the vice chairman. Other members of the current NFAC include the Bangko Sentral ng Pilipinas governor, Development Bank of the Philippines chairman, president of the Lank Bank of the Philippines (LandBank), finance secretary, trade secretary, socioeconomic planning secretary and a representative from a farmers’ group.“I hope the DA will be given a voice in the council, so we can share our inputs or be given access to information on rice importation, so that we would know how much they would import, when would they import and when the imports will arrive,” Piñol said.
The DA chief also revealed the President has ordered the review of all government-owned and -controlled corporations (GOCCs) to determine their “relevance” to the country’s food-security program.“The Preident directed Finance Secretary Carlos G. Dominguez III to head a group that will review the viability and relevance of GOCCs in relation to the food-security program,” Piñol said.

“The NFA has the highest debt [among GOCCs], with P210 billion, while No. 4 is the National Irrigation Administration, with P160-billion debt. So, it looks like they are going to check the viability of these agencies,” he added.

Rice-import probe

NFA officials on Tuesday said they welcome any investigation into allegations that “food officials are making a cash cow out of government-led importations.”This was in reaction to a statement by NFAC chairman, Cabinet Secretary Leoncio B. Evasco Jr., that he will propose the creation of a special committee to investigate the culprits of this “flagrant corruption to the detriment of the country’s food security”.

“This is a very serious accusation, and it is very sad this is happening at a crucial time when we should be focusing our sights on helping our farmers, who are currently harvesting their summer crop, earn a reasonable income from their produce,” NFA Administrator Jason Laureano Y. Aquino said in a statement.

“Instead of pointing accusing fingers and casting doubts on those who are faithfully  implementing the mandates of the agency, we should be focusing our  watch over a possible abuse of the import permits given to private rice importers in view of allegations that these permits are being recycled for smuggling purposes,” he added.Aquino said the NFA’s recommendation to push through with a government-to-government importation refers to the balance of the 500,000-metric ton (MT) importation for 2016, which was approved by the NFAC.

He said this was the subject of  his letter to the Vietnam Embassy. “Only 250,000 MT was contracted in 2016, thus the NFA is recommending importing the balance of 250,000 MT for this year’s buffer stock in preparation for the lean months.”The NFA is mandated by the Legislative-Executive Development Advisory Council  to maintain a food-security reserve good for at least 15 days at any given time. By July 1 of each year, which marks the onset of the lean season for rice, the NFA must have at least a 30-day buffer stock.Aquino said the current national daily rice-consumption requirement is pegged at 654,400 bags, or 32,720 MT

http://www.businessmirror.com.ph/government-should-secure-phl-rice-buffer-stock/