10th May,2018
Daily Global Regional Local Rice E-Newsletter
HAMBURG: Iran’s state grains
buyer GTC has issued an international tender to buy 20,000 tonnes of rice to be
sourced from Pakistan, said European traders.
The tender closes on June 12.
The super basmati rice is sought
in two 10,000 tonne consignments.
16 foreign
companies bids to supply rice in Philippines
NFA has
already begun the process of rice obtaining for 250,000 metric tons under an
open tender scheme.Devdiscourse News Desk 08
May 2018, 07:20 PM Philippines
Out of the 16 bidders, seven came from Vietnam,Thailand has five
and rest of them are from Singapore, UAE and Philippines. (Image Credit:
Flickr)
16 foreign bidders are looking to
grab contracts to supply imported rice of as much as 250,000 metric tons to the
state-run grains agency National Food Authority (NFA). During the pre-bid
conference, 16 companies expressed interest to supply the Philippines its
much-needed stocks.
In an effort to effectively build
up government stock of rice for this year’s lean months, NFA has already
begun the process of rice obtaining for 250,000 metric tons under an open
tender scheme, where suppliers from any country and suppliers from either the
private or government sector can bid for the same.
Out of the 16 bidders, seven came
from Vietnam namely Vietnam Northern Food Corp., Vietnam Southern Food Corp.,
Gentraco Corp., Gia International Corp., Hiep Loi Joint Stock Co., Phan Minh
Investment Production Trading Services and Khiem Thanh Co. Ltd.
Thailand has five including
Ponglarp Co. Ltd., Thai Hua Co. Ltd., Capital Cereals Co. Ltd., Asia Golden
Rice Co. Ltd. and Thai Capital Crops Co. Ltd.
The remaining bidders are Olam
International Ltd. from Singapore, Phoenix Global DMCC from United Arab
Emirates, Meskay & Femtee Trading Co. Ltd. from Pakistan, and Paritas
Trading Corp. from the Philippines.
NFA Deputy Administrator Judy
Carol Dansal said that for this particular bidding, the agency scrapped the
rule that limits the volume of rice that one bidder can supply to the country.
On top of all of these, NFA is
still looking to import more rice this year as the expected supply of 500,000
metric tons to meet the increasing demand for the rice in the country.
https://www.devdiscourse.com/Article/6713-16-foreign-companies-bids-to-supply-rice-in-philippines
17 traders
keen on supplying rice to PHL
May 8, 2018
THE National Food Authority
(NFA) said 17 traders are interested in selling 250,000 metric tons (MT) of
rice to the agency to replenish its depleted stockpile.
As of May 8 the NFA said 17 traders have bought bid documents
during its prebid conference for the open tender scheduled on May 22.
“[Our open tender] is very competitive because we have a lot [of
participants]. We do not limit [the number of participants], so the more the
merrier,” NFA Deputy Administrator Judy Carol L. Dansal told reporters after
the agency’s pre-bid conference. “We cannot say if we would save more [if there
are more participants]. It is premature to state that but that is our
objective,” Dansal added.
Dansal said private traders can supply the entire allocated lots
unlike in the previous open tender wherein the awarded volume must not be
higher than 50,000 MT.
The NFA will allow traders to purchase bid documents until May
21, a day before the scheduled open trader. Dansal expressed confidence that
the 17 interested rice traders would not back out of the May 22 tender.
Of the 17 traders who bought bid documents, seven were from
Vietnam and five were from Thailand.
The Vietnamese traders were Vietnam Southern Food Corp. Vietnam
Northern Food Corp., Hiep Loi Joint Stock Co. and Gentraco Corp. Phan Minh Investment
Production Trading Services, Gia International Corp., and Khiem Thanh Co. Ltd.
Thailand-based firms that bought
bid documents were Thai Hua Co. Ltd., Ponglarp Co. Ltd., Asia Golden Rice,
Capital Cereals Co. Ltd., and Thai Capital Crops Co. Ltd.
Also interested in selling rice to the NFA were local firm
Paritas Trading Corp., Singapore-based Olam International Ltd., Meskay &
Femtee Trading Co. Ltd. from Pakistan and Phoenix Global DMCC from the United
Arab Emirates.
The NFA has allocated P6.521 billion
for the purchase of 250,000
MT of rice to prop up its nearly depleted buffer stock, and in preparation of
the lean months, when rice harvest goes down significantly.
Of the total volume, 200,000 MT are 25 percent brokens, while
the remaining 50,000 MT are 15 percent brokens.
The NFA has divided the 250,000 MT of rice into nine lots with
the 200,000 MT to be delivered to the agency’s warehouses not later than July
31, while the remaining 50,000 MT must arrive not later than August 31
RiceBran Technologies
Reports Q1 2018 Financial Results and Provides Business Updates
NEWS PROVIDED BY
May 08, 2018, 16:00 ET
SACRAMENTO, California, May 8, 2018 /PRNewswire/ -- RiceBran
Technologies (NASDAQ: RIBT and RIBTW)
(the "Company" or "RBT"), a global leader in the production
and marketing of value added products derived from rice bran, announced today
the Company's financial results for the first quarter ended March 31, 2018.
Business
Highlights:
- Revenue in
the first quarter totaled $3.55 million,
in line with our previous guidance. Net loss of $(1.9)
million and adjusted EBITDA of $(1.4)
million was also similar to our internal modeling as the
Company accelerated efforts to grow sales and achieve SQF certification
throughout our system footprint.
- We
received $1.76 million of proceeds
from warrant exercises during the quarter, which helped to significantly
offset cash burn from operations and slightly increase shareholders'
equity. Subsequent to the end of the quarter we received proceeds from
additional warrant exercises that further improved working capital.
- The
Company has seen revenue accelerate to favorable levels thus far in the
second quarter, but it should be noted that the Delta region is
experiencing low milling volumes due to last year's small crop that may
limit our growth trajectory in the quarter and is expected to have a
negative impact on second quarter EBITDA due to higher transportation and
logistics costs associated with a greater mix of our production being
sourced in California instead of
the Delta region.
- We are
excited by the anticipated growth in our sales pipeline and are working to
add additional production capacity to our system to meet expected growth
this year and next.
- The
Company is maintaining revenue guidance of $16
million for the full-year of 2018, and the aforementioned
warrant exercises give us confidence that our balance sheet is adequately
positioned to pursue our plans in 2018 and beyond.
"The
first quarter essentially met our expectations for both revenue and adjusted
EBITDA loss," said Dr. Robert Smith, CEO
and President. "We are gaining confidence that our growth plans will
result in accelerating revenue growth as 2018 unfolds, especially in the third
and fourth quarters."
Highlights
for the 2018 first quarter include:
- Revenue
of $3.55 million declined 1.7%
from $3.62 million. The Company
experienced 4% positive sales growth from our Animal Nutrition products
during the quarter; while sales from our Food products declined 6%, mainly
due to a decrease in sales to one major customer.
- Gross
profit of $954,000 was down
from $1.19 million, primarily a result of
higher bran prices, a mix shift to Animal Nutrition from Food, and lower
absorption at our Dillon, MT facility
due to a planned major Cap Ex project that will continue to limit
production through September and the lower sales from one of our major
customers.
- SG&A
increased 26%, mainly due to growth in selling expenses, including the
addition of sales representatives and personnel needed to meet SQF
certification needs, as well as costs related to legal expenses and bonus
accruals.
- Our
financial condition remained relatively unchanged during the quarter: We
ended the quarter with cash and cash equivalents of $5.1 million compared to $6.2 million and shareholders' equity increased
to $14.9 million from $14.7 million on March
31, 2018 and December 31, 2017,
respectively. We received $1.76 million of
proceeds from warrant exercises during the quarter and Cap Ex
totaled $745,000. Subsequent to the end
of the quarter we have realized substantial additional proceeds from
warrant exercises.
- "We
have experienced meaningful sales growth thus far in the second quarter
and we are optimistic that our growth plans are poised to drive substantial
growth in 2018 and beyond," said Brent
Rystrom, Chief Operating Officer and Chief Financial Officer.
"While growth in the quarter may be impeded by production issues from
our Delta region causing our transportation and logistics costs to
increase, our sales pipeline continues to grow and our system wide
upgrades for certification are moving forward in earnest."
"Early
expectations for the 2018 rice crop are encouraging and suggest a larger crop
and with that likely lower bran prices on and after harvest; this would help
RBT drive accelerating growth and better margins, especially in the second half
of 2018," Rystrom continued. "We are also actively working to
increase our bran supply through existing and new mill relationships to mitigate
future issues associated with mill production and look forward to updating our
progress in these efforts."
Guidance
Updates:
- First
quarter revenue was consistent with our previous guidance.
- Second
quarter revenue to-date has grown, but we note the next few months may be
negatively impacted by lower supplies coming from the Delta.
- The new
rice crop should be harvested in July-August of 2018. The USDA sees rice
acre plantings up 9% in 2018, and the planting and growing conditions so
far this season have been favorable in both the Delta and California.
- We are
reiterating our annual revenue target of $16.0
million.
- While
adjusted EBITDA was similar to internal modeling in the first quarter, the
milling issues in Delta region will likely result in adjusted EBITDA
falling below the first quarter results. While we expect a marked
sequential improvement in revenue and adjusted EBITDA in both the third
and fourth quarters, we now expect full year adjusted EBITDA in the $(3.5) million to $(4.0)
million range.
- We
continue to believe our balance sheet is sufficient to support our growth
plan for 2018 and beyond.
Conference
Call Information
RiceBran
Technologies will host a conference call today, Tuesday,
May 8, at 4:30 p.m. Eastern Timeto
discuss these results. The conference call information is as follows:
- Direct
Dial-in number for US/Canada: (412)
317-6026
- Toll Free
Dial-in number for US/Canada: (877)
300-8521
- Dial-In
number for international callers: (412) 317-6026
- Participants
will ask for the RiceBran Technologies Q1 2018 Financial Results Call
About
RiceBran Technologies
RiceBran
Technologies is a food, animal nutrition, and specialty ingredient company
focused on the procurement, bio-refining and marketing of numerous products
derived from rice bran. RiceBran Technologies has proprietary and patented
intellectual property that allows us to convert rice bran, one of the world's
most underutilized food sources, into a number of highly nutritious food,
animal nutrition and specialty ingredient products. Our global target
markets are food and animal nutrition manufacturers and retailers, as well as
specialty food, functional food and nutritional supplement manufacturers and
retailers. More information can be found in the Company's filings with the SEC
and by visiting our website at http://www.ricebrantech.com.
Forward-Looking
Statements
This
release contains forward-looking statements, including, but not limited to,
statements about RiceBran Technologies' expectations regarding the sufficiency
of its cash position to pursue its plans in 2018, the rice milling volumes in
the Delta region and the impact of these volumes on its financial performance,
and its business plans, future growth, revenue and adjusted EBITDA. These
statements are made based upon current expectations that are subject to known
and unknown risks and uncertainties. RiceBran Technologies does not
undertake to update forward-looking statements in this news release to reflect
actual results, changes in assumptions or changes in other factors affecting
such forward-looking information. Assumptions and other information that
could cause results to differ from those set forth in the forward-looking
information can be found in RiceBran Technologies' filings with the
Securities and Exchange Commission, including its most recent periodic reports.
|
RiceBran Technologies
|
|
Condensed Consolidated Statements of Operations
|
|
Three Months Ended March 31, 2018 and 2017
|
|
(Unaudited) (in thousands, except share and per share amounts)
|
|
|
|
|
|
Three Months Ended
|
|
|
|
|
2018
|
|
2017
|
|
|
|
|
|
|
|
|
Revenues, net
|
|
$ 3,552
|
|
$ 3,615
|
|
Cost of goods sold
|
|
2,598
|
|
2,428
|
|
Gross profit
|
|
954
|
|
1,187
|
|
Selling, general and
administrative expenses
|
|
2,853
|
|
2,266
|
|
Loss from continuing operations
before other income (expense)
|
|
(1,899)
|
|
(1,079)
|
|
Other (expense) income:
|
|
|
|
|
|
Interest expense
|
|
(1)
|
|
(1,055)
|
|
Change in fair value of
derivative warrant liabilities
|
|
-
|
|
1,099
|
|
Loss on extinguishment of debt
|
|
-
|
|
(1,680)
|
|
Other income
|
|
-
|
|
5
|
|
Other expense
|
|
(13)
|
|
(100)
|
|
|
Total other (expense)
|
|
(14)
|
|
(1,731)
|
|
Loss from continuing operations
before income taxes
|
|
(1,913)
|
|
(2,810)
|
|
Income tax benefit
|
|
-
|
|
397
|
|
Loss from continuing operations
|
|
(1,913)
|
|
(2,413)
|
|
Loss from discontinued operations,
net of tax
|
|
-
|
|
(188)
|
|
Net loss
|
|
(1,913)
|
|
(2,601)
|
|
Less - Net loss attributable to
noncontrolling interest
|
|
|
|
|
|
in discontinued operations
|
|
-
|
|
(319)
|
|
Net loss attributable to RiceBran
Technologies shareholders
|
|
(1,913)
|
|
(2,282)
|
|
Less - Dividends on preferred
stock, beneficial conversion feature
|
|
-
|
|
778
|
|
Net loss attributable to RiceBran
Technologies common shareholders
|
|
$ (1,913)
|
|
$ (3,060)
|
|
|
|
|
|
|
|
|
Basic earnings (loss) per common
share:
|
|
|
|
|
|
Continuing operations
|
|
$ (0.11)
|
|
$ (0.33)
|
|
Discontinued operations
|
|
-
|
|
0.01
|
|
|
Basic loss per common share -
RiceBran Technologies
|
|
$ (0.11)
|
|
$ (0.32)
|
|
|
|
|
|
|
|
|
Diluted earnings (loss) per
common share:
|
|
|
|
|
|
Continuing operations
|
|
$ (0.11)
|
|
$ (0.33)
|
|
Discontinued operations
|
|
-
|
|
0.01
|
|
|
Diluted loss per common share -
RiceBran Technologies
|
|
$ (0.11)
|
|
$ (0.32)
|
|
|
|
|
|
|
|
|
Weighted average number of shares
outstanding:
|
|
|
|
|
|
Basic
|
|
17,083,442
|
|
9,657,543
|
|
Diluted
|
|
17,083,442
|
|
9,657,543
|
|
RiceBran Technologies
|
|
Condensed Consolidated Balance Sheets
|
|
March 31, 2018 (Unaudited) and December 31, 2017
|
|
(in thousands, except share amounts)
|
|
|
|
|
|
|
March 31
|
|
December 31
|
|
|
|
|
|
2018
|
|
2017
|
|
ASSETS
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
Cash and cash equivalents
|
|
$ 5,130
|
|
$ 6,203
|
|
Restricted cash
|
|
775
|
|
775
|
|
Accounts receivable
|
|
1,552
|
|
1,273
|
|
Inventories - Finished
goods
|
|
677
|
|
564
|
|
Inventories - Packaging
|
|
88
|
|
114
|
|
Deposits and other current
assets
|
|
439
|
|
519
|
|
|
|
Total current assets
|
|
8,661
|
|
9,448
|
|
Property and equipment, net
|
|
7,985
|
|
7,850
|
|
Other long-term assets, net
|
|
48
|
|
63
|
|
|
|
Total assets
|
|
$ 16,694
|
|
$ 17,361
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND EQUITY
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
Accounts payable
|
|
$ 497
|
|
$ 765
|
|
Accrued salary, wages and
benefits
|
|
441
|
|
773
|
|
Accrued expenses
|
|
510
|
|
741
|
|
Unearned revenue
|
|
78
|
|
75
|
|
Escrow liability
|
|
258
|
|
258
|
|
Current maturities of long-term
debt
|
|
4
|
|
4
|
|
|
|
Total current liabilities
|
|
1,788
|
|
2,616
|
|
Long-term debt, less current
portion
|
|
11
|
|
12
|
|
|
|
Total liabilities
|
|
1,799
|
|
2,628
|
|
|
|
|
|
|
|
|
|
Commitments and contingencies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders' Equity:
|
|
|
|
|
|
Equity attributable to RiceBran
Technologies shareholders:
|
|
|
|
|
|
|
Preferred stock, 20,000,000
shares authorized:
|
|
|
|
|
|
|
|
Series G, convertible, 3,000
shares authorized, 630 shares issued and outstanding
|
|
313
|
|
313
|
|
|
Common stock, no par value,
50,000,000 shares authorized,
|
|
|
|
|
|
|
|
19,953,107 and 18,046,731 shares
issued and outstanding
|
|
281,623
|
|
279,548
|
|
|
Accumulated deficit
|
|
(267,041)
|
|
(265,128)
|
|
|
|
Total shareholders' equity
attributable to RiceBran Technologies shareholders
|
|
14,895
|
|
14,733
|
|
|
|
Total liabilities and
shareholders' equity
|
|
$ 16,694
|
|
$ 17,361
|
|
|
|
|
|
|
|
|
|
|
|
|
USE OF
NON-GAAP FINANCIAL INFORMATION
We utilize
"Adjusted EBITDA" as a supplemental measure in our ongoing analysis
of short term and long term cash requirement and liquidity needs. Adjusted
EBITDA does not represent cash flows from operations as defined by generally
accepted accounting principles ("GAAP"), is not a measure derived in
accordance with GAAP and should not be considered as an alternative to net
income (the most comparable GAAP financial measure to EBITDA). Management uses
Adjusted EBITDA as an indicator of our current financial performance. By
eliminating the impact of all material non-cash charges as well as items that
do not regularly occur, we believe that Adjusted EBITDA provides a more
accurate and informative indicator of our cash requirements.
The
table below contains a reconciliation of net income (GAAP) and Adjusted EBITDA
(Non-GAAP) for the three months ended March 31, 2018 and
2017. We do not provide a reconciliation of forward-looking net income
(GAAP) to Adjusted EBITDA (non-GAAP). Due to the nature of certain
reconciling items, it is not possible to predict with any reliability what
future outcomes may be with regard to the expense or income that may ultimately
be recognized in future periods. Any forward-looking Adjusted EBITDA
information that we may provide from time to time consistently excludes the
same items from projected net income that are excluded from actual net income
in the table below.
|
RiceBran Technologies
|
|
Adjusted EBITDA Reconciliation
|
|
For the three months ended March 31 (in thousands)
|
|
|
|
|
2018
|
2017
|
|
Net income (loss)
|
$ (1,913)
|
$ (2,810)
|
|
Interest expense
|
1
|
1,055
|
|
Depreciation & amortization
|
199
|
233
|
|
|
Unadjusted EBITDA
|
$ (1,713)
|
$ (1,522)
|
|
Add Back Other Items:
|
|
|
|
Change in fair value of
derivative liabilities
|
-
|
(1,099)
|
|
Loss on extinguishment of debt
|
-
|
1,680
|
|
Other income/expense
|
13
|
95
|
|
Share-based compensation
|
260
|
293
|
|
Corporate relocation associated
expenses
|
-
|
45
|
|
|
Adjusted EBITDA
|
$ (1,440)
|
$ (508)
|
SOURCE
RiceBran Technologies
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Post navigation
FG’s Decision To Ban Rice
Importation Plausible – TijjaniPublished 23 hours ago on May 9, 2018 By
AGBO-PAUL AUGUSTINE The group head, Commercial Division at Notore Chemical
Industries, Mr Tijjani St. James, is passionate about Nigeria’s quest to end food
imports and enhanced opportunities for local farmers. He speaks to AGBO-PAUL
AUGUSTINE on basic farming information. How much of information has
Notore shared with local farmers in the North in the area of basic agricultural
information in the last two years? In the 2017 wet and dry farming seasons,
Notore engaged slightly above 1,644,017 million smallholder farmers across
Nigeria. Of this number, 900,359 smallholder rice farmers in Zamfara, Kebbi,
Kano, Jigawa, Ebonyi, Imo, Anambra, Adamawa, Gombe and Benue States were
adequately educated in partnership with the Annie E. Casey Foundation (AECF) on
the adoption of the Urea Deep Placement Technique for the rice high
yield-boosting Notore Urea Super Granules (USG) brand. Cassava and cowpea best
practices were delivered to over 400,000 smallholder farmers via video viewing
centers set up in 528 rural farming communities. What is the impact of such
information on harvest? As has been widely reported, Nigeria’s rice production
is about 7,000,000MT and importation of the product has dropped significantly.
Most of the rice retailed across Nigeria today is fully farmed, processed and
bagged in the country. These are all direct consequences of the bumper rice
harvests that farmers have been experiencing, thanks to favourable government
policies and the huge contribution of private sector players like Notore. Farm
inputs such as fertilizers and other chemicals still remain a luxury to many
farmers, how can the price gap be bridged by the private sector? Prices of products
are a function of production costs, haulage, distribution/marketing costs,
excise, etc. The current high retail prices of fertilizers in Nigeria are a
reflection of the high costs manufacturers incur to produce them. Government is
aware of this. That was why in its agricultural intervention through the PFI,
for example, government negotiated low prices for key constituent raw materials
and logistics to local NPK blenders so that farmers can purchase the product at
the fixed price of N5,500. Extending such support to major indigenous
fertilizer companies like Notore will definitely reduce retail prices of
fertilizers. Notore has been driving internal efficiencies in the past 6months
to reduce production and distribution costs. This has, to a large extent, been
responsible for the drop of Urea retail prices from N7,200 in August last year
to N6,500 per 50kg bag now. Our desire is to work collaboratively with the
government to ensure farmers enjoy much lower prices. Local farmers’ laments
that attention is given to big commercial farmers leaving them to fend for
themselves hence, the poor yield they get annually. How can this huge gap be
closed? This is not true for us at Notore because our route-to-market strategy
is designed around the smallholder farmers. Notore has over 5,300 trained
Village Promoter staff supporting the company to expand its agricultural
extension services into the deepest rural farming communities. We have always
put the smallholder farmers at the heart of our marketing activities because
they are responsible for over 90 per cent of Nigeria’s agricultural outputs.
Very soon, we will be coming to the smallholder farmers with cassava specialty
blend fertilizers that will hugely impact cassava yields and harvest. Over
time, the smallholder farmers have grown to recognise Notore’s efforts and have
in turn been rewarding the company with unflinching loyalty and patronage. Can
Notore share few of the strategies designed to get more farmers on board the
network of its information sharing? Our strategy is wrapped around our mission:
to enhance the quality of life. We have been working with like minded
development agencies to not only ensure farmers get timely information on
modern best farming practices, but support their economic wellbeing as well.
Our partnership with AECF for example, has enhanced rice farmers’ awareness and
adoption of the USG which has increased their rice harvests. We are currently
exploring partnership with GiZ to deploy solar powered flagship communication
and distribution outlets in deep rural communities to increase agricultural
extension video viewing and fertilizer purchase points. This will shorten the
distance traveled to buy fertilizers and improve farmer education. We are also
expanding our Village Promoter network to 6000 by 2019 to improve information
dissemination. The federal government in recent years has focused attention on
banning rice importation into the country to encourage local production. What
is your take on this? The decision to cut down on rice importation to focus on
domestic production is an laudable move in every sense. According to the World
Bank, Thailand is the world’s largest exporter of rice, and its rice is
cultivated on 9.2millon hectares of land area. Nigeria sits on 34million
hectares of arable land per FAO’s estimation. Imagine the volume of rice we
could churn out, the employment rice cultivation alone will generate and the
level of selfsufficiency we could attain if we can harness resources, structure
the agricultural value chain and put in place the right policy framework. As a
company in the forefront of the African Green Revolution, Notore has tirelessly
been working to provide farmers with high yield rice inputs. Notore Rice Seeds
and the Notore USG fertilizer which is specifically formulated for rice,
significantly impacted the Kebbi State rice boom. Apart from fertilizer and
seed inputs, farmers need linkages with credible paddy off-takers and easy
access to low interest financing. Small, Medium size and customised farm
machinery are also essential to the rice sufficiency drive. This is the area
government needs to bring in the Polytechnics and Universities of Technology.
We have to fuse these technology institutions into the agricultural system and
the economy to fabricate desired equipment and small machines. On our part,
Notore is fully committed to supporting Nigeria’s Agricultural Development. We
have just given out 22 redistribution vans to some our distributors to focus on
reaching deep rural farming communities with fertilizers and seeds nationwide.
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Strong
growth expected in Basmati rice exports in FY19
India Infoline News Service | Mumbai | May
09, 2018 16:26 IST
According to an ICRA note,
Indian Basmati rice exports have witnessed a strong revival in the current
fiscal with 22% growth in value in 9MFY2018 over the previous fiscal, after
having been on the downward trajectory over FY15 to FY17.
Indian Basmati rice exports are expected to post strong growth
in FY18 and FY19 on the back of improved demand in the international market,
especially from Iran and transference of higher paddy prices over the last two
procurement seasons.According to an ICRA note, Indian Basmati rice exports have
witnessed a strong revival in the current fiscal with 22% growth in value
in 9MFY18 over the previous fiscal after having been on the downward trajectory
over FY15 to FY17.
This buoyant exports growth has been fuelled by a 23% surge in average
realizations (Rs64,594/MT in 9MFY18 as against Rs53,985/MT in FY17) and it is
estimated that Basmati rice exports may cross Rs26,000cr for FY18 (growth of
20% over last fiscal) and Rs28,000cr for FY19.
The concern, however, is that the export volumes have largely remained
stagnant, in line with last few years.
Deepak Jotwani, Assistant Vice President, ICRA, “Historically, Saudi Arabia and
Iran have remained the largest importers of Basmati rice from India, accounting
for 40-45% share. However, after having remained consistent for many years,
Saudi Arabia’s share of Basmati rice imports from India has declined in recent
years and stood at ~14% in 7MFY18. This has been largely absorbed by Iran,
whose share has surged to 28% in 7MFY18 (as against 18% in FY17) fueling
industry growth in the current fiscal. Iran had imposed a temporary ban on
imports around August 2017, which was removed in January 2018. While this
development is likely to support industry growth in the last quarter of the
current fiscal, greater dependence on Iran as a major export destination could
spell volatility for the industry.”
For the second year in a row, paddy prices have firmed up by 20-25% in the
procurement season of 2017. This price rise is largely attributable to lower
(by 10-15%) paddy sowing on the back of a moderate monsoon, and improved demand
for Basmati rice in the international market. This increase in paddy price is
likely to provide a fillip to Basmati rice prices in FY19. However, sustained
uptick in paddy prices over the past two procurement seasons could adversely
impact the profitability of industry players in FY19, especially in case of
volatility in international demand.
“In the current fiscal, average export realizations have firmed up considerably
in 9MFY18 over FY17. Improvement in demand on the back of recent resumption of
imports by Iran, along with the higher paddy prices in the recently concluded
procurement season, is likely to sustain the average realizations in Q4FY18 as
well. As a result, the export value is estimated to grow to around Rs26,000cr
in FY18, a growth of 20% over FY17. The momentum percolating to the next fiscal
is likely to fuel the industry growth in FY19 as well, wherein ICRA estimates
the export value to stand at Rs28,00cr," Jotwani concluded.
Leafcutter ants' success due to more than crop selection
Genetic analysis finds leafcutter
ants originated in South America
RICE
UNIVERSITY
CREDIT: BRANDON MARTIN/RICE
UNIVERSITY
HOUSTON -- (May 9, 2018) -- A complex genetic analysis has
biologists re-evaluating some long-held beliefs about the way societies evolved
following the invention of agriculture -- by six-legged farmers.
Like humans, leafcutter ants grow crops, and like humans,
farming allows the ants to produce enough food to support millions of
individuals who work at specialized jobs. But while people invented agriculture
at the dawn of civilization about 10,000 years ago, leafcutters began
cultivating massive subterranean fungus gardens more than 10 million years ago.
In a study published this week in Molecular
Ecology, biologists from Rice University, the University of Texas
at Austin (UT Austin) and Brazil's São Paulo State University analyzed genetic
data from samples collected at leafcutter nests throughout South, Central and
North America and concluded that the ants originated in South America and owe
their success to something more than their choice of crops.
"The ability to grow domesticated crops was a major turning
point in human history and evolution, and we thought, un
til recently, that a similar
thing was true for leafcutters," said study co-author Scott Solomon, an
evolutionary biologist at Rice who collected many of the study's samples as a
graduate student and postdoctoral researcher at UT Austin and the Smithsonian
Institution in Washington, D.C. "Our findings suggest that several of the
things we thought we 'knew' about leafcutters are not true."
The research, led by co-author Ulrich Mueller, Solomon's
longtime UT collaborator and mentor, is available in both the newly published
paper and a 2017 companion study, also published in Molecular
Ecology.
"This study started 20 years ago as a collaboration between
Brazilian and Texan labs and developed into a huge collaboration involving 22
labs surveying leafcutter ants in 17 countries," said Mueller, the William
Morton Wheeler-Lost Pines Professor in UT Austin's Department of Integrative
Biology. "Because of this international effort, we now have a
comprehensive understanding of leafcutter ecology and evolution."
Leafcutter ants are found only in the Americas. More than 40
species range from Argentina to the southern United States, and they are a
dominant ecological player in any forest or grassland they inhabit.
"They aren't the only ants that grow fungi, but if you
compare leafcutter ants with other ants that grow fungi, there are many
differences," Mueller said. "For starters, no other ants use freshly
cut leaves to grow their fungi."
Ants that grow fungus on dead and decaying leaves have been
around even longer than leafcutters, probably about 50 million years, Solomon
said. But leafcutters' ability to use living leaves was a quantum leap in
evolutionary terms because it opened up the entire ecosystem. For example,
Solomon said, the ability to consume plant matter they cannot directly digest
allows a nest of leafcutters to consume about as much vegetation each year as a
full-grown cow.
"Once you can use fresh leaves, it gives you access to so
much more food," Solomon said. "If you can grow and raise your crop
on any leaf that's growing out there, then the sky's the limit."
In comparison with other fungus-growing ants, leafcutter
colonies are enormous, Solomon said. "They're on the order of millions of
individuals. Some leafcutter colonies are so large that they show up on photos
taken by satellites in space."
Leafcutters also have specialized tasks. Individual worker ants
come in different sizes, and they have different jobs.
"Some are specialized on raising the young," Solomon
said. "Others are specialized on removing weeds and disease inside the
nest. Others are specialized on going out and finding food, and yet others are
specialized on defending the colony.
"All of the specialization is unique to the
leafcutters," he said. "With other fungus-growing ants, the workers
are basically interchangeable. They don't have these specialized tasks.
"One of the long-held truths of our field was that
leafcutters grow a special and unique kind of fungus that no other ant could
grow," Solomon said. "It was thought that something about that unique
crop allowed them to do these things that other fungus-growing ants couldn't
do."
The new studies, which are the first to analyze the genes of
fungi from hundreds of leafcutter colonies across the Americas, found instances
where other ants grew the specialized "leafcutter-only" fungus, as
well as instances where leafcutters grew more generic fungal crops.
"It's not the crop that makes them special," Mueller
said. "We found that leafcutter ants and their fungi have co-evolved, and
while that's not a surprise, the evidence suggests that this co-evolution
occurred in a more complex way than previously believed.
"For example, we found that the type of fungi that was long
thought to be unique to leafcutters can be grown by other ants on dead plant
material," he said. "In one case, it'll be grown on fresh vegetation,
and in another case, it won't."
Solomon said, "The question is what gives this fungus the
ability to digest freshly cut leaves? It's not something that is inherent in
the fungus. There seems to be something about the way the leafcutter ants are
cultivating the fungus that gives it that ability."
Solomon began collecting leaf-cutting ants and their fungi in
Central America in 2002 as a graduate student in Mueller's lab. In 2007 Solomon
expanded his work, thanks to a National Science Foundation (NSF) international
postdoctoral fellowship that allowed him to spend a year working with study
co-author Mauricio Bacci Jr. at São Paulo State University in Rio Claro,
Brazil. Solomon's samples and dozens of others gathered over the years by
Mueller's and Bacci's teams allowed the researchers to pinpoint the origin of
leafcutters to South America, probably in the grassland plains of what is now
southern Brazil and Argentina, Solomon said.
"We sampled tons of different nests of leafcutter ant
species throughout the entire range of all leafcutters, which goes from Texas
in the extreme north down to Argentina," Solomon said. "What's novel
about our approach is how much sampling there was, particularly in South
America. In the past, there has been a lot of sampling, but it was focused in
just a few different regions, particularly in Costa Rica and Panama.
"It turns out the leafcutters in those places don't
represent species that live elsewhere," he said. "By going and
sampling in other places, especially in the open grasslands of southern Brazil,
Paraguay and northern Argentina, we were able to show that the greatest genetic
diversity of leafcutter fungi is in South America. Usually, wherever there's
the greatest genetic diversity is where a group originated. That is true for
humans, and that's just generally true of other species, and that leads us to
believe the leafcutters originated in the grasslands of South America."
Mueller said, "The study illustrates the importance in
science of re-evaluating entrenched assumptions, amassing large data sets and
collaborating internationally before reaching conclusions."
###
Additional co-authors on the new Molecular
Ecology study include Melissa Kardish, Heather Ishak, Sofia
Bruschi and Alexis Carlson, all of UT, and April Wright of Southeastern
Louisiana University. Solomon is an associate teaching professor in the
Department of BioSciences at Rice.
Agencies that supported the research include NSF, the Brazilian
Ministry of Education's CAPES Foundation and the São Paulo Research Foundation.
High-resolution IMAGES are available for download at:
The DOI of the Molecular Ecology paper is:
10.1111/mec.14588
Related research from Rice:
Located on a 300-acre forested campus in Houston, Rice
University is consistently ranked among the nation's top 20 universities by
U.S. News & World Report. Rice has highly respected schools of
Architecture, Business, Continuing Studies, Engineering, Humanities, Music,
Natural Sciences and Social Sciences and is home to the Baker Institute for
Public Policy. With 3,879 undergraduates and 2,861 graduate students, Rice's
undergraduate student-to-faculty ratio is 6-to-1. Its residential college
system builds close-knit communities and lifelong friendships, just one reason
why Rice is ranked No. 1 for quality of life and for lots of race/class
interaction and No. 2 for happiest students by the Princeton Review. Rice is
also rated as a best value among private universities by Kiplinger's Personal
Finance. To read "What they're saying about Rice," go to http://tinyurl.com/RiceUniversityoverview.
For food-aid recipients, information is power
A simple card explaining a
government aid program leads to more rice for poor villagers in Indonesia
MASSACHUSETTS
INSTITUTE OF TECHNOLOGY
CAMBRIDGE, Mass. - Even for poor villagers in rural Indonesia,
information is power.
That is the implication of a newly published study co-authored
by MIT economists, which finds that recipients of government aid collect more
of the goods intended for them when they know more about the aid program
they're enrolled in.
About 30 percent of Indonesia's households are supposed to
receive subsidized rice from the government every month as part of a huge
program called "Raskin," or "Rice for the Poor." As the
study shows, the amount of rice the villagers actually receive increases 26
percent when they are sent a simple information card with program details.
"The main result, which in some sense I think is very
surprising, is that just sending out the cards to people substantially
increases the amount of rice that households get," says Benjamin Olken, a
professor of economics at MIT and co-author of the new paper. "Having that
tangible information, having that proof, is very important."
A key reason for this is that additional information provides a
form of bargaining power. Not only do poor villagers know how much rice they
should collect, and the extent of the subsidy, but when information cards are
mailed out, local political leaders and other intermediaries also know that the
aid recipients understand what they should be receiving.
"The village heads now know that the villagers know what
they're entitled to," Olken observes. "Knowing that everyone else has
this knowledge makes a big difference."
The paper, "Tangible Information and Citizen Empowerment:
Identification Cards and Food Subsidy Programs in Indonesia," is published
in the newest issue of the Journal of Political Economy.
The co-authors are Abhijit Banerjee, the Ford Professor of
International Economics at MIT; Rema Hanna, a professor at the Harvard Kennedy
School; Jordan Kyle, an associate research fellow at the International Food
Policy Institute; Olken; and Sudarno Sumarto of the National Team for the
Acceleration of Poverty Reduction (TNP2K), a government agency in Indonesia.
To conduct the study, the academic researchers worked with the
TNP2K agency after the Indonesian government decided to investigate ways to
make the Raskin program more effective. Earlier research had shown that
significant portions of the rice were getting diverted before reaching the
needy citizens who were part of the program.
"Some substantial amount of rice was getting lost
somewhere," says Olken.
The research involved 572 villages spread over three provinces
in Indonesia. The study randomly selected 378 of the villages, where residents
were sent a variety of information cards with factual details about the
program. The other 194 villages were not sent information cards, and were used
as a control group against which the program's effects could be measured.
The scholars then surveyed village households at three intervals
(two months, eight months, and 18 months) after the information campaign began,
to find out whether the intervention had made a difference.
The research team found that not only did the program increase
the amount of rice received by 26 percent, but the gains were made despite the
fact that a significant portion of the information cards -- nearly 70 percent
-- were being diverted at first, meaning that the increased quantity of rice
per household that received the cards was higher than 26 percent.
Because the information on the cards varied, the researchers
could also chart which kinds of notices had the most impact. People in the
Raskin program typically have co-pay fees, since the rice is only partially
subsidized. Without the intervention, beneficiaries pay 42 percent more in
co-pay fees than they actually owe. But villagers received substantially more
subsidized rice when the information cards explicitly mentioned the co-pay
fees.
"It really is about the information per se," Olken
observes. "Just one extra line here substantially increased the amount of
rice people got."
As the researchers see it, the overall improvement can be
interpreted as an increase in implicit bargaining leverage for the recipients
of Raskin aid. As the authors write in the paper, "bargaining is at least
one important channel through which cards are improving outcomes." This
does not necessarily mean, Olken explains, that face-to-face negotiations between
villagers and rice distributors have drastically changed, but that the
information program provides more leverage for villagers in the first place.
"Having that tangible information, having that proof, may
be very important in changing the bargaining process," Olken says.
"You don't have to complain for this to have an effect."
This is why the scholars think of the cards as providing
"tangible information." The amount of "leakage" of rice,
that is, the amount not delivered to intended recipients, improved at levels
ranging from 33 to 58 percent among the villages in the survey, depending on
the precise intervention. Moreover, the government of Indonesia incorporated
the study's findings into its decision to scale up the program, distributing
identification cards that allow people representing 15.5 million households --
65.7 million people all told -- to collect rice from the Raskin proram as well
as other government services.
Other scholars in the field say the results are intriguing, both
experimentally and as suggesting a policy tool that could be adapted more
broadly.
In addition to the collaboration with the Indonesian government,
funding for the study came from the Australian government through its Poverty
Reduction Support Facility, and from a National Science Foundation Graduate
Research Fellowship.
###
Study Uncovers Surprising New Reason to Go Local
May. 09, 2018 02:37PM EST
Global Refined Rice Bran Oil Market Report 2018- Ricela, BCL,
SVROil, Vaighai agro products, A.P. Refinery
The Refined Rice Bran Oil report provides realistic data and
significant information of the worldwide “Refined Rice Bran Oil
market“. The report offers a full research of the
marketplace growth factors as well as drivers. With the In-depth exploration of
the market limits; the user is enabled with opportunities to create the
upcoming projection. The report also features ongoing fashion depending on the
manufacturing techniques, technological advances, and innovations. Besides,
different key players influencing the global market including Ricela, BCL,
SVROil, Vaighai agro products, A.P. Refinery, 3F Industries, Sethia Oils,
BIRBHUM OILS INDUSTRIES, Jain Group of Industries, Tsuno Rice Fine Chemicals,
Agrotech International, Shivangi Oils, Kamal, Balgopal, Oryza Oil & Fat
Chemical are discussed in the report.
The Refined Rice Bran Oil report also is made up of in detail info
of the critical player’s along with suppliers and vendors. The report additionally
focuses on the geographical division of across the world with the evaluation
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The Refined Rice Bran Oil market report offers a profound
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America, Europe, China, Japan, Southeast Asia, India.
The report also offers in-depth info regarding the specification,
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highlights of the modification as well as changes made to relieve the
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The characteristics of this Refined Rice Bran Oil industry are
actually evaluated in a quantitative and qualitative method to evaluate the
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with numerous graphical representations which include diagrams, figures, and
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as well as pricing of the products and services. The report emphasizes more on
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There are 15 Chapters to display the Global Refined Rice Bran Oil
market
Chapter 1, Definition, Specifications and Classification of
Refined Rice Bran Oil , Applications of Refined Rice Bran Oil , Market Segment
by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers,
Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Refined Rice
Bran Oil , Capacity and Commercial Production Date, Manufacturing Plants
Distribution, R&D Status and Technology Source, Raw Materials Sources
Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales
Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China,
Europe, Japan, Korea & Taiwan, Refined Rice Bran Oil Segment Market
Analysis (by Type);
Chapter 7 and 8, The Refined Rice Bran Oil Segment Market Analysis (by
Application) Major Manufacturers Analysis of Refined Rice Bran Oil ;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by
Product Type Extraction, Squeezing, Market Trend by Application Food, Cosmetic,
Industry, Others;
Chapter 10, Regional Marketing Type Analysis, International Trade Type
Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Refined Rice Bran Oil ;
Chapter 12, Refined Rice Bran Oil Research Findings and Conclusion, Appendix,
methodology and data source;
Chapter 13, 14 and 15, Refined Rice Bran Oil sales channel, distributors,
traders, dealers, Research Findings and Conclusion, appendix and data source.
Thanks for reading this article; you can also get individual
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This is because, when local crops
are displaced by cheaper imports, farmland is then drafted into service growing
less sustainable crops, with environmental consequences for the importing
country.
The study pointed out that its
findings go against conventional wisdom, which held that importing countries
benefited from global food trade at the ecological expense of exporting
countries.
"What is obvious is not
always the whole truth," study author and Michigan State University (MSU)
Center for Systems Integration and Sustainability Director Jianguo
"Jack" Liu said in an MSU press release.
"Unless a world is examined in a systemic, holistic way, environmental
costs will be overlooked," she said.
To undertake that systemic
examination, the study's authors looked at the international soybean trade.
But the study found that the
trade also hurt countries like China, which is the
world's largest soybean importer.
As China imported more and more
soybeans, local farmers could no longer compete and converted their fields to
crops like corn and rice, which require more nutrients to grow and therefore
result in an increase in Nitrogen pollution.
The study looked specifically at
the highest-producing agricultural land in China, in the country's northeast,
and found that the greatest increases in Nitrogen pollution there came from
fields that had flipped from soy to rice, followed by fields that had flipped
from soy to corn.
Researchers further examined 160
cases on six continents and found Nitrogen levels went up when fields in
importing countries switched from soy to other, more demanding crops like
wheat, vegetables, corn or rice.
The study's abstract concluded
with a call for more research into the environmental consequences of
international trade agreements for importing countries,
According to the MSU press
release, another potential area of study would be fields in Mexico and South
America that have switched from corn to more nutrient-demanding vegetables due
to an influx in cheap corn from the U.S. The release noted that changes in
crops can also put increased pressure on local water supplies.
"This study underscores the
need to pay attention to both sides of international trade not rely on
conventional wisdom," Liu said in the MSU press release.
Global Organic
Rice Flour Market Report 2018- Burapa Prosper, Thai Flour Industry, Rose Brand,
CHO HENG, Koda Farms
May 9, 2018
The Organic Rice Flour report provides realistic data and
significant information of the worldwide “Organic Rice Flour market“. The report offers a
full research of the marketplace growth factors as well as drivers. With the
In-depth exploration of the market limits; the user is enabled with
opportunities to create the upcoming projection. The report also features
ongoing fashion depending on the manufacturing techniques, technological
advances, and innovations. Besides, different key players influencing the
global market including Burapa Prosper, Thai Flour Industry, Rose Brand, CHO
HENG, Koda Farms, BIF, Lieng Tong, Bob’s Red Mill Natural Foods, Pornkamon Rice
Flour Mills, HUANGGUO are discussed in the report.
The Organic Rice Flour report
also is made up of in detail info of the critical player’s along with suppliers and
vendors. The report additionally focuses on the geographical division of across
the world with the evaluation carried out by our skilled researchers.
Furthermore, the report encompasses the main product type and segments Rice
Flour, Brown Rice Flour, Glutinous Rice Flour, Other as well as the
sub-segments Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread,
Thickening Agent of the global Organic Rice Flour market.
The Organic Rice Flour market
report offers a profound introduction of different segments based on the
process, the conclusion of end-user industries, expertise, and product type.
The regional evaluation report is actually created by thinking about the overall
performance of the Organic Rice Flour market in the particular region. Hence,
the related examination is actually used to estimate the upcoming forecast of
the worldwide. Various regions covered in the global market report are North
America, Europe, China, Japan, Southeast Asia, India.
The report also offers in-depth
info regarding the specification, definitions, connected to the Organic Rice
Flour business and additional highlights of the modification as well as changes
made to relieve the production methods. Certain business chains, as well as
government authorizations applicable to the Organic Rice Flour industry, are
also provided in the report.
The characteristics of this
Organic Rice Flour industry are actually evaluated in a quantitative and
qualitative method to evaluate the market globally and regionally. Furthermore,
the report is actually crafted with numerous graphical representations which
include diagrams, figures, and graphs based on the statistical information
along with accurate revenue graphs as well as pricing of the products and
services. The report emphasizes more on the awaited system alteration, in
progress activities and improvements, and open opportunities in the market
There are 15 Chapters to display
the Global Organic Rice Flour market
Chapter 1, Definition,
Specifications and Classification of Organic Rice Flour , Applications of
Organic Rice Flour , Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers,
Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Organic Rice
Flour , Capacity and Commercial Production Date, Manufacturing Plants
Distribution, R&D Status and Technology Source, Raw Materials Sources
Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales
Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China,
Europe, Japan, Korea & Taiwan, Organic Rice Flour Segment Market Analysis
(by Type);
Chapter 7 and 8, The Organic Rice Flour Segment Market Analysis (by
Application) Major Manufacturers Analysis of Organic Rice Flour ;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by
Product Type Rice Flour, Brown Rice Flour, Glutinous Rice Flour, Other, Market
Trend by Application Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks,
Bread, Thickening Agent;
Chapter 10, Regional Marketing Type Analysis, International Trade Type
Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Organic Rice Flour ;
Chapter 12, Organic Rice Flour Research Findings and Conclusion, Appendix,
methodology and data source;
Chapter 13, 14 and 15, Organic Rice Flour sales channel, distributors, traders,
dealers, Research Findings and Conclusion, appendix and data source.
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Government to
roll out rice-research software
May 9, 2018
In Photo: Photo shows NSIC Rc 222, one of the rice
varieties developed by the Philippine Rice Research Institute (PhilRice). NSIC
Rc 222 is known to have “moderate” resistance to pests. To come up with more
varieties like Rc 222, the PhilRice is currently developing an analysis tool
dubbed as “RIGby.”
The Philippine Rice Research
Institute (PhilRice) said it is developing an analysis tool that would allow
researchers to fast-track the breeding of new stress-tolerant rice varieties to
help farmers cope with climate change.
PhilRice, an attached agency of
the Department of Agriculture, said it will be releasing “soon” a database
software called the Rice Integrative Genomics Workbench in Galaxy (RIGby).
“RIGby wil help generate economic
data needed in developing new rice varieties that are resistant to pests and
diseases and can withstand drought, flood, low temperature and salinity,” Dr.
Reynante L. Ordonio, a PhilRice biotechnology expert, said in a statement.
Ordonio described RIGby as a
“swiss knife” of tools for bioinformatics, as it contains the important data on
rice breeding, which could hasten data generation and analysis.
The PhilRice said current rice
sequencing and analysis takes “so much time,” as the data needed for the
process are bulk and requires a large amount of storage.
“Through sequencing, traits
needed to develop high-quality and stress-resistant varieties are mined.
Genomic data, which require large amounts of storage, contain the functions of
specific genes,” the PhilRice said.
Jan Michael C. Yap, project
leader and lead developer of RIGby, said the software was specifically designed
for rice research, as development of new stress-tolerant varieties are vital to
cut the losses incurred by farmers due to climate-related problems.
“Better rice research is expected
from the software, which will eventually benefit the farmers,” Yap said.
The PhilRice said the software
would still undergo beta testing with rice researchers being encouraged to use
RIGby. It added that RIGby is a “free software and open for development to
anyone.”
The Department of Science and
Technology-Philippine Council for Agriculture, Aquatic and Natural Resources
Research and Development is funding the development of RIGby, according to
PhilRice.
Last year the PhilRice said it
was banking on an “advanced and more efficient” breeding process to produce
climate-resilient rice seeds.
PhilRice scientist Roel Suralta
said precision breeding enables plant breeders to target traits that can be
quantitatively associated with specific genes, which enhance plant performance.
“Precision breeding has been
practiced in the Philippines for years. A classic example of PhilRice-released
variety that is also a product of precision breeding is the NSIC Rc194, or
Submarino 1, which has a submergence-tolerant trait,” Suralta said. “Other
PhilRice varieties with improved disease-resistance are also a product of
precision breeding,” he said.
PhilRice said precision breeding
involves the transfer of specific desired traits—such as those that can
tolerate drought conditions or resist certain diseases—into existing
outstanding cultivars.
“It improves speed and precision,
as desirable traits within the entire map of genetic material of related plants
are identified and targeted,” Suralta said.
Documentary takes off the gloves
on GMO debate
GMOs have been
a lightning rod for controversy, but documentary ‘Food Evolution’ argues that
science has been the underdog in the debate
May 9, 2018
Local farmers, nutritionists, researchers and industry
representatives tackle the GMO debate at the Brandon screening of “Food
Evolution” April 10. Photo: Alexis Stockford
Agriculture recently had a
red-carpet moment, with twin screening of the documentary “Food Evolution” in
Brandon and Winnipeg.
Organized by the Manitoba Canola
Growers, Canola Eat Well, the Manitoba Farm Writers and Broadcasters
Association, Canadian Agri-Marketing Association and Assiniboine Community
College, screening and panel discussion on April 10 aimed to educate the public
about the safety and efficacy of genetic modification.
It may have been preaching to the
choir, as only about 10 of 200 Winnipeg audience members said they were not
involved in agriculture when asked to raise their hands. At least one attendee
in Brandon said she’d got plenty to ponder from the event, however.
“I think I’m definitely
challenged in my views,” audience member Milena Lemez said, although she noted
a distinct slant on the part of the panel.
Three of four panel members in
Brandon were tied to the agriculture industry.
“(I) wish there was maybe more of
a diversified panel… but I’ll definitely have to be doing some thinking… I
think my opinions of GMOs have expanded,” Lemez said. “Where the presentation
and the movie lacked a little bit was looking at other ways of production like
polycultures and things like that, like, say, permaculture.”
Much
controversy
The film began with Hawaii’s 2014
attempts to ban GMOs, a move that was ultimately overturned by a U.S. federal
judge in 2016, but sparked a wave of similar campaigns in other states.
Then, like now, the issue pitted
farmers against members of the public.
The film also gave voice to
anti-GMO activists and academics like Charles Benbrook, formerly of Washington
State University, who have linked GMOs to herbicide resistance. At the same
time, the film portrays a long list of organizations that have found no danger
when researching GMOs while public personalities have railed against GM foods
on shaky scientific ground.
A full house turned up for the Brandon screening of “Food
Evolution” April 10.photo: Alexis
Stockford
“There’s a lot of misinformation
out there that’s being shared,” Jessica Brady of Okanagan Specialty Fruits and
one of the evening’s panellists said. “If you don’t work in this area, how are
you to know what’s right and what’s wrong? I don’t know much about my car, but
I drive it every day. Yes, there’s emotion, but there’s also just
misinformation that’s being shared too much.”
Alison van Eenennaam, animal
genomics and biotechnology professor at the University of California-Davis, and
one of the major sources of the film, also argued genetic modification could
actually decrease pesticide use and produce hardier varieties in the face of
climate change, something that could change the landscape for farmers facing
food insecurity in poor countries.
Simon Ellis, a local farmer near
Wawanesa, has little patience for the anti-GMO movement. One of a growing
number of producers with an online presence, Ellis has been caught in the
digital crossfire before. His social media posts outlining day-to-day farm
operations have earned criticism and accusations that he, as a farmer using
genetically modified crops, is a pawn of large GMO companies like Monsanto.
“Some of it is assuming they know
our production practices before they’ve talked to us,” the frustrated farmer
said. “Assuming that we drench the crops in a herbicide and that we’re only
there to make money and we don’t care about anything else than that. I get
‘raping the environment’ a lot. Those sorts of words and imagery really kind of
bother me because we’re really not doing that and it’s really hard to convince
them otherwise.”
Science does little to sway his
most avid detractors, he said. Personal stories and anecdotes have been more
effective, something that might be seen as ironic, given the strength the same
tactic has given to the anti-GMO movement.
Separate
debates?
The debate around GMOs is not
just about GMOs, other voices cited in the documentary said. The process of
breeding crops through genetic modification has become intertwined with debate
around individual companies like Monsanto, as well as arguments that those
companies are strong-arming food production through corporate centralization.
News of mergers in those same
companies, such as the ongoing talks between Bayer and Monsanto, have only
thrown fire on that debate.
Ellis, however, finds little
stock in the argument. Farmers still have choices on where to source their
seed, he said in the panel discussion.
GMO advocates have argued that
the technology does not always track back to large companies, pointing to work
like the development of golden rice, a project developed to address vitamin A
deficiency by the International Rice Research Institute.
That said, much contact between
farms and GM crops does come from seed and chemical companies. So should the
argument around genetic modification be separate from the debate around the
companies that use the tool? Is it even possible to debate one without the
other?
The answer, according to the
evening’s panellists, is yes.
“Should it be separated from
those things? Yeah, probably, to a point at least,” Brady said.
Byron Irvine, a retired AAFC
researcher and fellow panellist, agreed, although he doubts that separation
will enter the discussion any time soon.
“In many people’s minds, they
will be linked and I don’t think it should be,” he said. “Currently, a lot of
the primary production traits that we use are developed by large companies and
therefore that debate will not go away… ”
One tool
Panellists may have been largely
GMO friendly, but they portrayed it as a single tool among many a farmer might
reach for.
For Ellis, management is as much
about good practices and rotations as it is about relying on genetics, and
planting the same crop in the same field year after year is bound to breed
problems, he said.
Instead, he reaches for GMOs to
deal with herbicide or insect resistance that other practices might not
address.
“It comes down to what’s your
weed spectrum in your field,” he said, adding they were recently able to grow a
non-GMO herbicide system recently because they’d managed to get the field free
of kochia first.
“It’s on a field-by-field basis,”
Ellis said. “What’s going to work? What’s going to be economical for the
situation?”
He is also not blind to anti-GMO
arguments and, in fact, says he shares their concerns when it comes to
sustainability.
“We have to be careful about the
environment and we don’t want to overuse or have a GMO product be entered into
the market that could be dangerous, but I think that’s where really rigorous
research is really important and I know the crops that are available today are
safe,” he said.
Irvine, meanwhile, stands behind
the science, but leaves room for change, having lived through the impact of
Rachel Carson’s Silent Spring and the
revelations of DDT damage.
“You have to be willing to make
that discussion happen over time and with perhaps some patience to not just be
jumping on people just because they disagree they may or may not be
appreciative of that point of view,” he said. “The majority of scientists have
come to the view that GMOs as we’ve been using them are not in and of
themselves harmful in terms of health or environment, but you can never say
with absolute certainty that at some time it might not happen.”
Dayton vetoes bill to gut wild
rice protections
Posted Wednesday, May 9, 2018 5:43 pm
Marshall Helmberger
REGIONAL— Gov. Mark Dayton has
vetoed a bill, backed by Iron Range legislators, that would have repealed the
state’s sulfate limit designed to protect wild rice. In a letter to legislative
leaders last week, Dayton called for a compromise to resolve the ongoing
dispute over the future of the state’s 10 mg/l sulfate discharge standard for
wild rice waters.
“The bill as written is an
extreme approach that removes important protections for wild rice, conflicts
with federal law, and guarantees ongoing litigation,” wrote Gov. Dayton in his
May 3 letter.
“The proposed legislation does
not ensure economic growth on the Iron Range, as any final resolution should
and must. If sent to me without modifications, I will be forced to veto the
legislation and Minnesota will be left without a practical solution, which is
urgently needed.”
The Legislature declined to take
the governor up on his suggestion, and Dayton issued his veto on Wednesday.
Environmentalists lauded the
decision, noting that recent state-funded research has reinforced the validity
of the state’s sulfate standard, the strictest in the country.
While sulfate is not destructive
of wild rice by itself, it is converted in aquatic sediments to sulfide, which
is highly toxic to wild rice and many other organisms according to scientific
studies.
“Wild rice is a critical resource
for all Minnesotans and is the ‘canary in the coal mine’ for water quality,”
said Kathryn Hoffman, CEO of the Minnesota Center for Environmental Advocacy.
Hoffman took issue with the Legislature, which she said misstated the findings
of the state’s own research on the subject.
“Gov. Dayton’s veto gives us
another chance to get this right. We now have the science to create effective
strategies to protect wild rice from sulfate pollution,” Hoffman added.
Dayton said he “recognizes” that
the current standard is not technically or economically feasible for industries
or municipalities, and that the Minnesota Pollution Control Agency’s proposed
new equation-based standard could not be implemented in a way that provided
“clear and reasonable expectations.”
“I ask Legislators,
representatives of the mining and labor communities, environmental advocates,
and Tribal Leaders to work with Commissioner Stine and his staff to find a
workable solution before the end of the legislative session,” said Dayton.
Iron Range lawmakers who backed
the measure said they were disappointed in the veto, but blamed GOP leadership
in the House and Senate for forcing Dayton’s hand, rather than seeking a compromise.
“Moving forward, we willl
continue to work with Gov. Dayton and his administration, our colleagues in the
Legislature, and all stakeholders to find a solution that provides more
certainty for both Minnesota’s communities and industries,” said Rep. Jason
Metsa, of Virginia and Rep. Rob Ecklund, of International Falls, in a joint
statement issued in response to the veto.
For
food-aid recipients, information is power
A simple
card explaining a government aid program leads to more rice for poor villagers
in Indonesia.
Peter
Dizikes | MIT News Office
May 9, 2018
About 30
percent of Indonesia’s households are supposed to receive subsidized rice from
the government every month as part of a huge program called “Raskin,” or “Rice
for the Poor.” The study shows that the amount of rice the villagers actually
receive increases 26 percent when they are sent a simple information card with
program details.
Even for
poor villagers in rural Indonesia, information is power.
That is
the implication of a newly published study co-authored by MIT economists, which
finds that recipients of government aid collect more of the goods intended for
them when they know more about the aid program they’re enrolled in.
About 30
percent of Indonesia’s households are supposed to receive subsidized rice from
the government every month as part of a huge program called “Raskin,” or “Rice
for the Poor.” As the study shows, the amount of rice the villagers actually
receive increases 26 percent when they are sent a simple information card with
program details.
“The
main result, which in some sense I think is very surprising, is that just
sending out the cards to people substantially increases the amount of rice that
households get,” says Benjamin Olken, a professor of economics at MIT and
co-author of the new paper. “Having that tangible information, having that
proof, is very important.”
A key
reason for this is that additional information provides a form of bargaining
power. Not only do poor villagers know how much rice they should collect, and
the extent of the subsidy, but when information cards are mailed out, local
political leaders and other intermediaries also know that the aid recipients
understand what they should be receiving.
“The
village heads now know that the villagers know what they’re entitled to,” Olken
observes. “Knowing that everyone else has this knowledge makes a big
difference.”
The
paper, “Tangible Information and Citizen Empowerment: Identification Cards and
Food Subsidy Programs in Indonesia,” is published in the newest issue of
the Journal
of Political Economy.
The
co-authors are Abhijit Banerjee, the Ford Professor of International Economics
at MIT; Rema Hanna, a professor at the Harvard Kennedy School; Jordan Kyle, an
associate research fellow at the International Food Policy Institute; Olken;
and Sudarno Sumarto of the National Team for the Acceleration of Poverty
Reduction (TNP2K), a government agency in Indonesia.
To
conduct the study, the academic researchers worked with the TNP2K agency after
the Indonesian government decided to investigate ways to make the Raskin
program more effective. Earlier research had shown that significant portions of
the rice were getting diverted before reaching the needy citizens who were part
of the program.
“Some
substantial amount of rice was getting lost somewhere,” Olken says.
The
research involved 572 villages spread over three provinces in Indonesia. The
study randomly selected 378 of the villages, where residents were sent a
variety of information cards with factual details about the program. The other
194 villages were not sent information cards, and were used as a control group
against which the program’s effects could be measured.
The
scholars then surveyed village households at three intervals (two months, eight
months, and 18 months) after the information campaign began, to find out
whether the intervention had made a difference.
The
research team found that not only did the program increase the amount of rice
received by 26 percent, but the gains were made despite the fact that a
significant portion of the information cards — nearly 70 percent — were being
diverted at first, meaning that the increased quantity of rice per household
that received the cards was higher than 26 percent.
Because
the information on the cards varied, the researchers could also chart which
kinds of notices had the most impact. People in the Raskin program typically
have co-pay fees, since the rice is only partially subsidized. Without the
intervention, beneficiaries pay 42 percent more in co-pay fees than they actually
owe. But villagers received substantially more subsidized rice when the
information cards explicitly mentioned the co-pay fees.
“It
really is about the information per se,” Olken observes. “Just one extra line
here substantially increased the amount of rice people got.”
As the
researchers see it, the overall improvement can be interpreted as an increase
in implicit bargaining leverage for the recipients of Raskin aid. As the
authors write in the paper, “bargaining is at least one important channel
through which cards are improving outcomes.” This does not necessarily mean,
Olken explains, that face-to-face negotiations between villagers and rice
distributors have drastically changed, but that the information program
provides more leverage for villagers in the first place.
“Having
that tangible information, having that proof, may be very important in changing
the bargaining process,” Olken says. “You don’t have to complain for this to
have an effect.”
This is
why the scholars think of the cards as providing “tangible information.” The
amount of “leakage” of rice, that is, the amount not delivered to intended
recipients, improved at levels ranging from 33 to 58 percent among the villages
in the survey, depending on the precise intervention. Moreover, the government
of Indonesia incorporated the study’s findings into its decision to scale up
the program, distributing identification cards that allow people representing
15.5 million households — 65.7 million people all told — to collect rice from
the Raskin proram as well as other government services.
Other
scholars in the field say the results are intriguing, both experimentally and
as suggesting a policy tool that could be adapted more broadly.
In
addition to the collaboration with the Indonesian government, funding for the
study came from the Australian government through its Poverty Reduction Support
Facility, and from a National Science Foundation Graduate Research Fellowship.
A simple card explaining a government aid program leads to more
rice for poor villagers in Indonesia
Even for poor villagers in rural
Indonesia, information is power.
That is the implication of a newly
published study co-authored by MIT economists, which finds that recipients of
government aid collect more of the goods intended for them when they know more
about the aid program they're enrolled in.
About 30 percent of Indonesia's
households are supposed to receive subsidized rice from the government every
month as part of a huge program called "Raskin," or "Rice for
the Poor." As the study shows, the amount of rice the villagers actually
receive increases 26 percent when they are sent a simple information card with
program details.
"The main result, which in
some sense I think is very surprising, is that just sending out the cards to
people substantially increases the amount of rice that households get,"
says Benjamin Olken, a professor of economics at MIT and co-author of the new
paper. "Having that tangible information, having that proof, is very
important."
A key reason for this is that
additional information provides a form of bargaining power. Not only do poor
villagers know how much rice they should collect, and the extent of the
subsidy, but when information cards are mailed out, local political leaders and
other intermediaries also know that the aid recipients understand what they
should be receiving.
"The village heads now know
that the villagers know what they're entitled to," Olken observes.
"Knowing that everyone else has this knowledge makes a big
difference."
The paper, "Tangible
Information and Citizen Empowerment: Identification Cards and Food Subsidy
Programs in Indonesia," is published in the newest issue of the Journal
of Political Economy.
The co-authors are Abhijit
Banerjee, the Ford Professor of International Economics at MIT; Rema Hanna, a
professor at the Harvard Kennedy School; Jordan Kyle, an associate research
fellow at the International Food Policy Institute; Olken; and Sudarno Sumarto
of the National Team for the Acceleration of Poverty Reduction (TNP2K), a government
agency in Indonesia.
To conduct the study, the academic
researchers worked with the TNP2K agency after the Indonesian government
decided to investigate ways to make the Raskin program more effective. Earlier
research had shown that significant portions of the rice were getting diverted
before reaching the needy citizens who were part of the program.
"Some substantial amount of
rice was getting lost somewhere," says Olken.
The research involved 572 villages
spread over three provinces in Indonesia. The study randomly selected 378 of
the villages, where residents were sent a variety of information cards with
factual details about the program. The other 194 villages were not sent
information cards, and were used as a control group against which the program's
effects could be measured.
The scholars then surveyed village
households at three intervals (two months, eight months, and 18 months) after
the information campaign began, to find out whether the intervention had made a
difference.
The research team found that not
only did the program increase the amount of rice received by 26 percent, but
the gains were made despite the fact that a significant portion of the
information cards—nearly 70 percent—were being diverted at first, meaning that
the increased quantity of rice per household that received the cards was higher
than 26 percent.
Because the information on the
cards varied, the researchers could also chart which kinds of notices had the
most impact. People in the Raskin program typically have co-pay fees, since the
rice is only partially subsidized. Without the intervention, beneficiaries pay
42 percent more in co-pay fees than they actually owe. But villagers received
substantially more subsidized rice when the information cards explicitly
mentioned the co-pay fees.
"It really is about the
information per se," Olken observes. "Just one extra line here
substantially increased the amount of rice people got."
As the researchers see it, the
overall improvement can be interpreted as an increase in implicit bargaining
leverage for the recipients of Raskin aid. As the authors write in the paper,
"bargaining is at least one important channel through which cards are
improving outcomes." This does not necessarily mean, Olken explains, that
face-to-face negotiations between villagers and rice distributors have
drastically changed, but that the information program provides more leverage
for villagers in the first place.
"Having that tangible
information, having that proof, may be very important in changing the bargaining
process," Olken says. "You don't have to complain for this to have an
effect."
This is why the scholars think of
the cards as providing "tangible information."
The amount of "leakage" of rice, that is, the amount not delivered to
intended recipients, improved at levels ranging from 33 to 58 percent among the
villages in the survey, depending on the precise intervention. Moreover, the
government of Indonesia incorporated the study's findings into its decision to
scale up the program, distributing identification cards that allow people
representing 15.5 million households—65.7 million people all told—to
collect rice from
the Raskin proram as well as other government services.
Other scholars in the field say the
results are intriguing, both experimentally and as suggesting a policy tool
that could be adapted more broadly.
In addition to the collaboration
with the Indonesian government, funding for the study came from the Australian
government through its Poverty Reduction Support Facility, and from a National
Science Foundation Graduate Research Fellowship.
More information: Abhijit Banerjee et al, Tangible Information and Citizen
Empowerment: Identification Cards and Food Subsidy Programs in Indonesia, Journal
of Political Economy (2017). DOI: 10.1086/696226
Gov. Mark Dayton vetoes bill that would kill standard designed
to protect wild rice
He called it an extreme overreach by state lawmakers and a
violation of the federal Clean Water Act.
MAY 9, 2018 —
10:02PM
RICHARD TSONG-TAATARII - STAR TRIBUNE FILEWild rice grows
exclusively in some parts of the Great Lakes states, primarily Minnesota.
Gov. Mark Dayton on Wednesday vetoed a
bill that would have killed a state pollution rule designed to protect wild
rice, calling it an extreme overreach by state lawmakers and a violation of the
federal Clean Water Act.Dayton said the Legislature has 12 days to come up with
another proposal “that respects federal law and protects our precious wild rice
and waters.”
The bill, passed by the
Republican-controlled House and Senate, was the latest in a nearly 10-year
political and legal battle over Minnesota’s official state grain. At issue is a
state standard governing water quality and sulfate, a mineral salt that is
hazardous to wild rice and is produced mainly by mining operations and
wastewater treatment plants.
Though the state law applies only to wild
rice, which in the United States grows almost exclusively in Minnesota, sulfate
can also damage other aquatic plants, and it plays a critical role in the
transfer of mercury from the environment into the food chain, including game
fish that people eat.
Republican lawmakers and business leaders
said the bill was necessary to provide “regulatory certainty” to Minnesota
industry and expressed disappointment in the governor’s decision.
“The governor vetoed a bill that’s
important to all of Minnesota,” said Rep. Dale Lueck, R-Aitkin. “We can’t
continue to push this standard from 1973 that’s never been in effect and
[would] cost billions of dollars and destroy our local communities.”
Still, Lueck and other supporters of the
bill said they would work with Dayton and other groups to find a workable
solution. “We must solve these problems without harming our natural resources
or creating regulatory conflicts,” said Emil Ramirez, District 11 director of
the United Steelworkers.
Environmental groups praised the veto, and
they too expressed hope that the state could reset its protection of wild-rice
waters and perhaps find new technologies to solve the problem for industry
while not endangering water quality.
“We can continue to bicker over what the
sulfate standard should be, or we can admit that the most popular option would
be to find a solution that works for everyone,” said Paul Austin, executive
director of Conservation Minnesota.
Others were not so optimistic. Nancy
Schuldt, environmental director for the Fond du Lac Band of Chippewa, fears the
fight over wild rice has become so polarizing that compromise has become
impossible.
After years of research conducted at the
direction of the Legislature, the Minnesota Pollution Control Agency (MPCA)
last year finalized a new water quality standard for sulfate, only to see it
overturned recently by an administrative law judge. The judge said the new rule
was too complicated and unconstitutionally vague. But she upheld the state’s
previous standard, 10 parts per million, which has been on the books since the
1970s.
‘An impossible bind’
In his veto letter to legislators, Dayton
agreed that the standard was difficult to implement because of its cost, and
that the state’s research found that, in some waters, the concentrations of
sulfate can be higher without killing wild rice. Sulfate’s effect on wild rice
is highly influenced by the chemistry of the water and muck where it grows.
The Legislature’s bill would have required
the MPCA to start over on a new rule, which the agency planned to do anyway
because of the administrative ruling, and it provided $500,000 for research and
projects to promote the health and growth of wild rice.
But it also dismissed the scientific
research behind the agency’s latest proposed standard, and it would have
prohibited the MPCA from enforcing the prior standard while it conducts another
multiyear round of rule-making.
Dayton said that step would violate the
federal Clean Water Act, put the agency in an “impossible bind,” and inevitably
lead to litigation. “Some legislators have decided … that they do not like the
science. In response, they have attempted to abolish the standard and pretend
that it solves the problem,” he said in his letter to legislators.
Last week, Dayton had asked the
Legislature to work with his administration on another plan for wild rice
protection. Instead, both the House and Senate brought the bill to a vote, with
supporters citing the need for regulatory clarity. Republicans also fumed that
Dayton recently refused to meet with a coalition of supporters of the bill.
Instead, Lueck said, Dayton’s staff met with them and “ended the meeting by
announcing the governor had decided to veto the bill.”
Because it affects a key Minnesota
industry and a beloved state grain, the sulfate rule has been an incendiary
issue for years, leading to lawsuits, multiple legislative efforts to
circumvent the federal rules and millions of dollars in new research.
Though the standard has been in state and
federal law for decades, it was largely ignored until several Minnesota Indian
tribes and environmental groups asked the U.S. Environmental Protection Agency
to compel its enforcement in the early 2000s. Since then, the EPA has pressed
Minnesota regulators to incorporate the standard in permits for taconite mines
and in the state’s environmental review for PolyMet Mining, the proposed
copper-nickel mine near Hoyt Lakes. PolyMet’s permit to mine, which is now
under final review by state regulators, would require water treatment for
decades at a cost of hundreds of millions of dollars, in large part to remove
sulfate water discharged by the mine and its operations.
Crop Per Drop Contest: May The Best
Farmer Win
May 9, 2018 08:25 AM
Crop per Drop is open to corn, rice and soybean growers. ( Chris
Bennett )
By pivot, furrow or flood, may
the best farmer win. The race for savings and sustainability is on in Arkansas
with Crop per Drop, a first-of-its-kind competition measuring bushels and water
use by adding a flow meter and rainfall to yield numbers. Pared down, the
grower with the most yield and least water takes the prize.
Crop per Drop, or the 2018
Arkansas Rice and Row Crop Irrigation Yield Contest, is open to corn, rice and
soybean growers. Basic rules: 30 acres of irrigated ground; 3 acres of
skip-patterned harvest; and a maximum of one active metered water inlet. Each
of the three winners will receive cash and prizes valued at approximately
$20,500, provided by the Arkansas Corn and Grain Sorghum Promotion Board
(ACGSPB), Arkansas Soybean Promotion Board, and Ricetec.
Crop per Drop is the brainchild of Chris Henry,
water management engineer at the University of Arkansas Rice Research and
Extension Center (RREC) in
Stuttgart. Extension irrigation research demonstrations can often cost
$20,000-plus over the course of a season, packed with heavy labor and a slow
pace. Henry believes an irrigation contest with
practical value for growers equates to research fields across the state.
“Maximum yield is easy; try doing it with just the right amount of irrigation.
So many great growers try so hard to squeeze everything they can out of a field
and we want to channel that focus with this contest.”
Entry deadline is June 1 and
costs $100. (See here for
contest rules.) Regardless of irrigation set-up, a portable flow meter is
required to measure water use. (Flow meters are available at Extension offices
on a first come, first serve basis.) In addition, adjusted rainfall will be
added to water use by a judging panel. Zero-grade rice, which carries a
pragmatic advantage, is excluded from the contest.
Henry’s team will mark and seal
all flow meters to prevent tampering, and check competition sites in-season.
Winners will have the highest bushel yields per acre inch of water. “For
example, if a grower hits 98 bushel soybeans and uses 24 acre inches of water,
then his score will be 4 bushels per inch of water,” Henry explains.
Although Tommy Young, past
president of ACGSPB and co-owner with his nephews Blake and Jim Young of Young’s Irrigation & Equipment in Tuckerman,
Arkansas, isn’t eligible for Crop per Drop, the Jackson County grower is
excited and highly enthusiastic over the contest’s implications: “We’ve got so
much new irrigation technology available to growers and this contest is a way
to show the dramatic savings available, while saving natural resources at the
same time. This can really raise the flag and show people how to save money and
water.”
In his 30th year as a T&L Center Pivot Irrigation Dealer, Young says
Henry’s approach with Crop per Drop is spot-on. “Chris has seriously heightened
awareness of technology and efficiency in our state. That’s why boards
contribute financially because they know Chris uses resources very wisely. I’m
talking about consistent meaningful research that we can put into play on our
farms.”
All Crop per Drop totals
will be kept under wraps and announced at the Arkansas Soil and Water
Conference, Jan. 19, 2019. Henry emphasizes the long-term benefits of the new
contest: “Even if you don’t win, this is going to challenge what you think
about how to irrigate. Use all the tools available and your field may yield the
same as the rest of your acreage, but only use half the water.”
Prizes:
$10,000 seed tote credit for
first place winner in rice, sponsored by Ricetec
TS Govt assures all help for rain-hit farmers
THE HANS INDIA | May 09,2018 , 06:49 PM IST
TS Govt assures all help for rain-hit farmers
Hyderabad : Commissioner
for Civil Supplies Akun Sabharwal said government in all means will help
farmers in selling their paddy which became wet due to sudden heavy rain.
On Wednesday, THE Commissioner made a field visit to Gajwel, Siddipet Market
Yards, IKP Purchase Center at Duddeda and PPCs at Nerella in Sircilla district
and discussed with the farmers. He reviewed with officials on paddy purchase,
shifting of paddy, gunny bags and other issues. He suggested officials to take
necessary measures particularly in transporting purchased paddy to mills. As
per the demand required lorries should be kept available, in case of shortage
of vehicles help of RTA officials should be taken. If any problem persists
immediately it should be reported to District Joint Collector and as well as to
the Head Office.
As much as 1.16 lakh metric tons of paddy soaked in water at Market Yards and
Purchase Centers is shifted to rice mills on war basis. Keeping in view of rain
forecast paddy should not be stored at paddy center and arrangements be made to
shift them to rice mills immediately. Millers should increase speed in loading
and unloading the paddy.
As the weather department alerted of rains from 11th sufficient number of
tarpaulins should be kept available at the centers. In any situation or
consequences necessary precautions should be taken to farmers should not suffer
loss or face any problems.
Farmers should keep special focus on moisture percentage while selling paddy.
Officials should guide farmers in this process.
Paddy purchase is in full swing at purchase centers state wide. Every year
Civil Supplies Department establishes paddy purchase centers to procure paddy
at minimum support price from farmers.
The Civil Supplies Department set target to procure 38 lakh metric tons of
paddy in this year Rabi season and decided to arrange 3008 PPCs for the
convenience of the farmers.
Till now, 15.91 lakh metric tons of paddy, worth of Rs. 2,526 crores is
purchased from 2.36 lakh farmers at 2962 PPCs. In this 15.01 LMT’s paddy is
shifted to rice mills. Last year at this same time in Rabi season, 7.64 LMT’s
paddy worth of Rs. 1,154 crores was purchased from 1.24 lakh farmers at 2620
PPCs.
Compared to last year this year in the same time paddy procurement from farmers
has doubled and without any problem and loss to farmer, the paddy is purchased
at not less than MSP i.e., Rs. 1550 for and Rs. 1590 for Grade ‘A’.
Within 48 hours after truck sheet is generated from purchase centers payment is
made online to farmers' accounts directly. For procuring 38 LMT’s of paddy 9.78
crore gunny bags are required, for which 9.31 crore gunny bags are kept available
till now.
Rice exports up 27pc to $1.57bln in Jul-Apr
KARACHI: Rice exports rose 27 percent to $1.57 billion during the
first 10 months of the current fiscal year as exporters pushed fresh cargoes to
Indonesia, Kenya and other markets during the period, an industry official said
on Wednesday.
Rice exports amounted to $1.23 billion during the corresponding
period last year.
Rafique Suleman, senior vice chairman of Rice Exporters
Association of Pakistan (Reap) said exports increased 15 percent to 3.22
million tons during the 10 months of the current fiscal year of 2017/18.
Suleman said exports of non-basmati rice to Indonesia increased
during the period.
Local traders exported 50,000 tons of non-basmati rice to
Indonesia during the July-April period. Kenya remained the largest buyer of
Pakistani non-basmati rice, buying 323,000 tons of rice amounting to $118
million.
China was also one of the largest importers of Pakistani
non-basmati rice. “By the end of April, we exported 274,000 tons of rice
valuing $100 million (to China),” Suleman said.
He said demand for rice in the international market is increasing.
The crop was good in terms of both quality and quantity this year, he added.
Reap senior vice chairman said the country has come out of the
crisis of low exports, which was observed during the last three years.
“Value of rice export trade has been showing improvement due to
the coordination of Reap office bearers with the Trade Development Authority of
Pakistan and customs,” he said. “Reap members are putting in untiring efforts,
and aggressive marketing to increase rice exports and to earn valuable foreign
exchange.”
The industry official said rice exporters are making investments
to install modern rice processing machinery and using value-addition
technology.
Suleman said the association is sending trade delegations to
various countries for rice marketing. “Last month a delegation came back after
a successful visit to Iran, which is very lucrative and a potential market for
basmati rice.”
Around 100,000 tons of rice has so far been exported to the
neighbouring country during the current season.
Suleman said Government Trading Corporation of Iran has issued
tenders for 20,000 tons of basmati, in which many Pakistani rice exporting
companies would participate. He hoped that a handsome amount of foreign
exchange would be fetched by Pakistani rice exporters.
FG’s Decision To Ban Rice
Importation Plausible
May 9, 2018
By AGBO-PAUL AUGUSTINE
The group head, Commercial Division
at Notore Chemical Industries, Mr Tijjani St. James, is passionate about
Nigeria’s quest to end food imports and enhanced opportunities for local
farmers. He speaks to AGBO-PAUL AUGUSTINE on basic farming information.
How much of information has Notore shared with local farmers in the North in the
area of basic agricultural information in the last two years? In the 2017 wet
and dry farming seasons, Notore engaged slightly above 1,644,017 million
smallholder farmers across Nigeria. Of this number, 900,359 smallholder rice
farmers in Zamfara, Kebbi, Kano, Jigawa, Ebonyi, Imo, Anambra, Adamawa, Gombe
and Benue States were adequately educated in partnership with the Annie E.
Casey Foundation (AECF) on the adoption of the Urea Deep Placement Technique
for the rice high yield-boosting Notore Urea Super Granules (USG) brand.
Cassava and cowpea best practices were delivered to over 400,000 smallholder
farmers via video viewing centers set up in 528 rural farming communities. What
is the impact of such information on harvest? As has been widely reported,
Nigeria’s rice production is about 7,000,000MT and importation of the product
has dropped significantly. Most of the rice retailed across Nigeria today is
fully farmed, processed and bagged in the country. These are all direct
consequences of the bumper rice harvests that farmers have been experiencing,
thanks to favourable government policies and the huge contribution of private
sector players like Notore. Farm inputs such as fertilizers and other chemicals
still remain a luxury to many farmers, how can the price gap be bridged by the
private sector? Prices of products are a function of production costs, haulage,
distribution/marketing costs, excise, etc. The current high retail prices of
fertilizers in Nigeria are a reflection of the high costs manufacturers incur to
produce them. Government is aware of this. That was why in its agricultural
intervention through the PFI, for example, government negotiated low prices for
key constituent raw materials and logistics to local NPK blenders so that
farmers can purchase the product at the fixed price of N5,500. Extending such
support to major indigenous fertilizer companies like Notore will definitely
reduce retail prices of fertilizers. Notore has been driving internal
efficiencies in the past 6months to reduce production and distribution costs.
This has, to a large extent, been responsible for the drop of Urea retail
prices from N7,200 in August last year to N6,500 per 50kg bag now. Our desire
is to work collaboratively with the government to ensure farmers enjoy much lower
prices. Local farmers’ laments that attention is given to big commercial
farmers leaving them to fend for themselves hence, the poor yield they get
annually. How can this huge gap be closed? This is not true for us at Notore
because our route-to-market strategy is designed around the smallholder
farmers. Notore has over 5,300 trained Village Promoter staff supporting the
company to expand its agricultural extension services into the deepest rural
farming communities. We have always put the smallholder farmers at the heart of
our marketing activities because they are responsible for over 90 per cent of
Nigeria’s agricultural outputs. Very soon, we will be coming to the smallholder
farmers with cassava specialty blend fertilizers that will hugely impact cassava
yields and harvest. Over time, the smallholder farmers have grown to recognise
Notore’s efforts and have in turn been rewarding the company with unflinching
loyalty and patronage. Can Notore share few of the strategies designed to get
more farmers on board the network of its information sharing? Our strategy is
wrapped around our mission: to enhance the quality of life. We have been
working with like minded development agencies to not only ensure farmers get
timely information on modern best farming practices, but support their economic
wellbeing as well. Our partnership with AECF for example, has enhanced rice
farmers’ awareness and adoption of the USG which has increased their rice
harvests. We are currently exploring partnership with GiZ to deploy solar
powered flagship communication and distribution outlets in deep rural
communities to increase agricultural extension video viewing and fertilizer
purchase points. This will shorten the distance traveled to buy fertilizers and
improve farmer education. We are also expanding our Village Promoter network to
6000 by 2019 to improve information dissemination. The federal government in
recent years has focused attention on banning rice importation into the country
to encourage local production. What is your take on this? The decision to cut
down on rice importation to focus on domestic production is an laudable move in
every sense. According to the World Bank, Thailand is the world’s largest
exporter of rice, and its rice is cultivated on 9.2millon hectares of land
area. Nigeria sits on 34million hectares of arable land per FAO’s estimation.
Imagine the volume of rice we could churn out, the employment rice cultivation
alone will generate and the level of selfsufficiency we could attain if we can
harness resources, structure the agricultural value chain and put in place the
right policy framework. As a company in the forefront of the African Green
Revolution, Notore has tirelessly been working to provide farmers with high
yield rice inputs. Notore Rice Seeds and the Notore USG fertilizer which is
specifically formulated for rice, significantly impacted the Kebbi State rice
boom. Apart from fertilizer and seed inputs, farmers need linkages with
credible paddy off-takers and easy access to low interest financing. Small,
Medium size and customised farm machinery are also essential to the rice
sufficiency drive. This is the area government needs to bring in the
Polytechnics and Universities of Technology. We have to fuse these technology
institutions into the agricultural system and the economy to fabricate desired
equipment and small machines. On our part, Notore is fully committed to
supporting Nigeria’s Agricultural Development. We have just given out 22
redistribution vans to some our distributors to focus on reaching deep rural
farming communities with fertilizers and seeds nationwide. Copyright
LEADERSHIP. All rights reserved. This material, and other digital content on
this website, may not be reproduced, published, broadcast, rewritten or
redistributed in whole or in part without prior express written permission from
LEADERSHIP Nigeria Newspapers. Contact: editor@leadership.ng
https://leadership.ng/2018/05/09/fgs-decision-to-ban-rice-importation-plausible-tijjani/
Agricultural Planting and
Fertilizing Machinery Market Growth to 2023
Global agricultural planting and
fertilizing machinery market is expected to register a CAGR of 4.6% during the
forecast period (2018 – 2023). Europe is likely to grow at a faster CAGR, due
to its increasing orders for agricultural machineries from domestic as well as
international.
Recovery in Europe Agricultural
Machinery Market
According to the European
Committee of Farm Machinery Manufacturer’s Associations (CEMA), in 2017, Europe
(EU) agricultural machinery market has seen growth of 4% from 2016 and also
anticipates to see the growing trend during the forecast period. Therefore, EU
is likely to see potential growth for planting and fertilizing machineries in
the coming five years, owing to the growing factors like improving agricultural
productivity through mechanization and labor shortage.
However, North America is likely
to cover a major share in the planting and fertilizing machinery markets
compared to Europe during forecast period, owing to the high land mass and
extensive, large-scale farming practices.
Global Agricultural Planting and
Fertilizing Machinery Market Segmentation:
By Machinery Type: Planting Machinery (Seed Drills, Planters/ Transplanters,
Broadcast Spreaders and Drop Spreaders) and Fertilizing Machinery (Sprayers
(liquid fertilizer) and Manure Spreaders
By Geography: North America, APAC, Europe, RoW
Companies Profiled in the report: Deere & Company (John Deere), CNH Industrial, AGCO
Corporation, CLAAS, Mahindra Tractors, Kubota Corporation, Highway
Equipment (New Leader), Kuhn Group, Lanco Equipment, Amazone Ltd. and Yanmar
Company Limited
Increasing Precision Farming
After the inclusion of tractors
and combine harvesters in farm mechanization, spreaders and seed drills
machineries have further mechanized tasks like soil fertilization and crop
planting respectively. While tractors and combine harvesters are commonplace
across the globe, planting, and fertilizing machinery will further reduce
manual intervention in agriculture. Apart from increasing efficiency,
mechanization in fertilization and planting also increase precision.
Technological innovation and
precision farming are some of the areas that can be exploited for future
opportunities. Besides a huge scope of development, the major constraints the
sector is facing are low commodity prices and expensive machineries resulted in
less affordability of machineries from farmers. These factors affect the growth
of the agriculture sector; thus, affecting the growth of the planting and
fertilizing machinery market.
Key Developments in the Market:
January 2017: Kubota Corporation
has launched new autonomous rice transplanter which automatically plant seeds
in eight rows at a one go and is expected to attract large size farmers in the
future.
Reasons to Purchase this Report:
Latest technology trends adopted
by the manufacturers in the agricultural planting and fertilizing machinery
market.
Analyzing various perspectives of
the market with the help of Porter’s five forces analysis.
Study on the machinery type that
is expected to dominate the market.
Study on the regions and
countries that are expected to witness fastest growth during the forecast
period.
Identify the latest developments,
market shares and strategies employed by the major market players.
3 months analyst support, along
with the Market Estimate Sheet (in excel).
About Research Cosmos:
Research Cosmos is an aggregator
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Global Agricultural Planting and
Fertilizing Machinery Market Size, Market Share, Application Analysis, Regional
Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018
to 2025
Global
agricultural planting and fertilizing machinery market is expected to register
a CAGR of 4.6% during the forecast period (2018 – 2023). Europe is likely to
grow at a faster CAGR, due to its increasing orders for agricultural
machineries from domestic as well as international.
Key
Developments in the Market:
January 2017: Kubota Corporation has launched new autonomous rice transplanter
which automatically plant seeds in eight rows at a one go and is expected to
attract large size farmers in the future.
Recovery
in Europe Agricultural Machinery Market
According to the European Committee of Farm Machinery Manufacturer’s
Associations (CEMA), in 2017, Europe (EU) agricultural machinery market has
seen growth of 4% from 2016 and also anticipates to see the growing trend
during the forecast period. Therefore, EU is likely to see potential growth for
planting and fertilizing machineries in the coming five years, owing to the
growing factors like improving agricultural productivity through mechanization
and labor shortage.
However, North America is likely to cover a major share in the planting and
fertilizing machinery markets compared to Europe during forecast period, owing
to the high land mass and extensive, large-scale farming practices.
Increasing
Precision Farming
After the inclusion of tractors and combine harvesters in farm mechanization,
spreaders and seed drills machineries have further mechanized tasks like soil
fertilization and crop planting respectively. While tractors and combine
harvesters are commonplace across the globe, planting, and fertilizing
machinery will further reduce manual intervention in agriculture. Apart from
increasing efficiency, mechanization in fertilization and planting also
increase precision.
Technological innovation and precision farming are some of the areas that can
be exploited for future opportunities. Besides a huge scope of development, the
major constraints the sector is facing are low commodity prices and expensive
machineries resulted in less affordability of machineries from farmers. These
factors affect the growth of the agriculture sector; thus, affecting the growth
of the planting and fertilizing machinery market.
Companies
Mentioned:
Deere & Company (John Deere), CNH Industrial, AGCO Corporation, CLAAS,
Mahindra Tractors, Kubota Corporation, Highway Equipment (New Leader), Kuhn
Group, Lanco Equipment, Amazone Ltd., Yanmar Company Limited
Report
Customization and Benefits:
This report can be customized to meet your requirements. Please connect with
our analyst, who will ensure you get a report that suits your needs.
Table of
Content
1.
Introduction
1.1. Research Methodology
1.2. General Study Assumptions
2
.Research Methodology
2.1. Introduction
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model
3.
Executive Summary
4.
Market Overview And Technology Trends
4.1. Current Market Scenario
4.2. Technology Trends
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power Of The Suppliers
4.3.2. Bargaining Power Of The Consumers
4.3.3. Threat Of New Entrants
4.3.4. Threat Of Substitute Products And Services
4.3.5. Competitive Rivalry Within The Industry
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VOX POPULI: Envisioning a future
where drones will do the rice sowing
Vox Populi, Vox Dei is a daily
column that runs on Page 1 of The Asahi Shimbun.
May 10, 2018 at 13:30 JST
A farmer
operates a machine to plant seedlings at a rice paddy in Takashima, Shiga
Prefecture, on April 23. (The Asahi Shimbun)
Rice sprouts are glistening in
rice paddies now. I understand that farmers were worried about the growth of
seedlings this spring because of unusually extreme temperature fluctuations.As
always, rice planting is backbreaking work, requiring heavy boxes of seedlings
to be brought out to the paddies for a rice-planting machine to plant them in
straight rows. But such a scene may become a thing of the past.
I recently visited the National
Agriculture and Food Research Organization (NARO) at its facility in Daisen,
Akita Prefecture, where a new farming method is being developed to enable
direct planting of rice seeds.
"By eliminating the hassle
of raising seedlings in one place and then transporting them to the paddies,
you can achieve substantial labor and cost savings," said Hiroyuki
Shiratsuchi, 51, who heads NARO's paddy rice cropping team.
At first, the team made many
mistakes. The unhulled rice seeds they sowed were dug up by crows and ducks.
Planting them too deep resulted in failed germination. But through various
improvements, such as coating rice seeds with iron filings and developing
strains of wind-resistant rice, the team gradually succeeded in
commercialization.
In the days before the arrival of
machines, rice planting was a major undertaking involving the entire community.
There was no school during peak planting season, so children could help.Such an
era of massive labor mobilization is now over. What will rice planting be like
in the future?
Shiratsuchi envisions a scene
without any human-operated planting machines. He believes the time will come
when any rice farmer can stay at home and run three or four unmanned rice
planting machines simultaneously. Ukiyo-e artist Utagawa Hiroshige (1797-1858)
portrayed a dozen or so farmers, clad in rain capes made of straw and with
their backs bent, intent on planting rice seedlings in the driving rain. With
Mount Daisen, then revered as a sacred mountain of the Sanin region forming the
backdrop, this vividly descriptive work is contained in "Rokujuyoshu
Meisho Zue," a series of paintings depicting more than 60 scenic spots
around the nation.
Over the last 160 years or so
since Hiroshige produced this work, Japan's farming environment has undergone a
considerable transformation.
I am now fantasizing a future
scene, where a farmer uses a smartphone to command a drone to scatter rice
seeds from the sky. And the work is done in a matter of seconds.
--The Asahi Shimbun, May 10
* * *
Vox Populi, Vox Dei is a popular
daily column that takes up a wide range of topics, including culture, arts and
social trends and developments. Written by veteran Asahi Shimbun writers, the
column provides useful perspectives on and insights into contemporary Japan and
its culture.
Imota Rice
Mill to start production 2019 – Lagos Govt
Rice mill used to illustrate the story
The Lagos State Government on
Wednesday said rice production would start at the Imota Rice Mill in Ikorodu by
February 2019, with a production capacity of 32,000 tonnes per hour. The
Commissioner for Works and Infrastructure, Ade Akinsanya, disclosed this during
an inspection tour of the mill alongside other members of the State Executive
Council.Mr Akinsanya said that the entire area, covering 8,000 square metres,
with a light industrial park, would create jobs for 250,000 people.
He said the mill would also have
a warehouse to accommodate 20,000 metric tonnes of rice. According to him,
rice, in large quantity, will be available to residents of the state and other
South-west states early next year, as the state government is stepping up work
at the mill.The News Agency of Nigeria (NAN) reports that the team also
inspected the ongoing project at the regional food market in Imota, where the
Mile 12 Market and other markets in the environs would be relocated.
Mr Akinsanya said that the market
would accommodate 5,000 stalls, 1000 capacity trucks and trailer park, with the
first phase at 75 per cent completion.He said that the entire project was
slated for delivery in September this year. NAN reports that the executive
embers also inspected ongoing work at the 2.7km Agbowa-Timberville road and the
Timberville, where the saw millers at Oko-Baba, Ebute-Metta, are to be
relocated in October.
They also inspected the Odo
Onosa/Ayandelu Housing Scheme.The traditional ruler of Ikosi-Ejinrin,
Aderibigbe Asunmo, commended the efforts of the state government on the Odo
Onosa/Ayandelu Housing Scheme.
|
LSU
AgCenter Field Day Calendar
CROWLEY, LA -- The Louisiana State University
(LSU) AgCenter will hold a series of field days to help rice farmers learn
about the latest recommended practices to improve their crop
production. Experts will make presentations on variety development,
fertility, growing soybeans, and controlling problems of diseases, insects,
and weeds."These field days give us the chance to provide details about
our research projects," said Don Groth, resident coordinator of the
AgCenter H. Rouse Caffey Rice Research Station. "Also, our scientists
will be available to answer questions from growers."
Mark your calendar and attend the event in your area:
May 30 - Southwest Louisiana Rice Field Day
8 a.m.
Johnny Hensgens Farm, at the corner of David and McCown Roads, south of Iowa
May 31 - Evangeline Parish Rice Field Day
8:30 a.m.
Bieber Farm, 1 mile west of Mamou on Bieber Road
June 5 - Vermilion Parish Rice Field Day
4 p.m.
Lounsberry Farm east of Lake Arthur on LA Highway 14
Supper to follow at the Klondike Fire Station.
June 13 - Acadia Parish Rice Field Day
8:30 a.m.
South Farm of the H. Rouse Caffey Rice Research Station
June 27 - Rice Research Station
Field tours start at 7:15 a.m. and the last
trailer will leave at 9 a.m., followed by a
poster session and indoor presentations.
July 18 - Northeast Louisiana Rice Field Day
9 a.m. until noon
Colvin Farm at 632 Scales Road, Rayville, followed by
indoor presentations at the Rayville Civic Center at 817 Louisa Street, Rayville
|
SCIENTISTS ANNOUNCED THE INGRESS OF
MERCURY IN CHINESE RICE
Grown in China, rice is gradually
polluted with mercury as a result of the coal plants. This was stated in the
Massachusetts Institute of Technology. Is exposed to contamination like fish
and rice. Emissions of coal factories lead to the ingress of metal into the
atmosphere, where it mixes with precipitation and falls into the water and
soil, there being absorbed by the rice. Infiltrated water bacteria transform
mercury into methyl mercury, a poison that can be collected in the human body.
Due to the fact that rice fields flooded throughout the growing period, the
substance is there on a permanent basis.
American scientists conducted a study, which showed that the change in the
emissions of mercury in air affects the amount of the element in Fig. In the
case of a further increase in emissions of this type of metal, its
concentration in the grain could increase by 13% by 2050
Strong growth expected in Basmati
rice exports in FY19
According
to an ICRA note, Indian Basmati rice exports have witnessed a strong revival in
the current fiscal with 22% growth in value in 9MFY2018 over the previous
fiscal, after having been on the downward trajectory over FY15 to FY17.
Indian
Basmati rice exports are expected to post strong growth in FY18 and FY19 on the
back of improved demand in the international market, especially from Iran and
transference of higher paddy prices over the last two procurement seasons.
According to an ICRA note, Indian Basmati rice exports have witnessed
a strong revival in the current fiscal with 22% growth in value in 9MFY18
over the previous fiscal after having been on the downward trajectory over FY15
to FY17. This buoyant exports growth has been fuelled by a 23% surge in average
realizations (Rs64,594/MT in 9MFY18 as against Rs53,985/MT in FY17) and it is
estimated that Basmati rice exports may cross Rs26,000cr for FY18 (growth of
20% over last fiscal) and Rs28,000cr for FY19. The concern, however, is
that the export volumes have largely remained stagnant, in line with last few
years. Deepak Jotwani, Assistant Vice President, ICRA, “Historically, Saudi
Arabia and Iran have remained the largest importers of Basmati rice from India,
accounting for 40-45% share. However, after having remained consistent for many
years, Saudi Arabia’s share of Basmati rice imports from India has declined in
recent years and stood at ~14% in 7MFY18. This has been largely absorbed by
Iran, whose share has surged to 28% in 7MFY18 (as against 18% in FY17) fueling
industry growth in the current fiscal. Iran had imposed a temporary ban on
imports around August 2017, which was removed in January 2018. While this
development is likely to support industry growth in the last quarter of the
current fiscal, greater dependence on Iran as a major export destination could
spell volatility for the industry.” For the second year in a row, paddy prices
have firmed up by 20-25% in the procurement season of 2017. This price rise is
largely attributable to lower (by 10-15%) paddy sowing on the back of a
moderate monsoon, and improved demand for Basmati rice in the international
market. This increase in paddy price is likely to provide a fillip to Basmati
rice prices in FY19. However, sustained uptick in paddy prices over the past
two procurement seasons could adversely impact the profitability of industry
players in FY19, especially in case of volatility in international demand. “In
the current fiscal, average export realizations have firmed up considerably in
9MFY18 over FY17. Improvement in demand on the back of recent resumption of
imports by Iran, along with the higher paddy prices in the recently concluded
procurement season, is likely to sustain the average realizations in Q4FY18 as
well. As a result, the export value is estimated to grow to around Rs26,000cr
in FY18, a growth of 20% over FY17. The momentum percolating to the next fiscal
is likely to fuel the industry growth in FY19 as well, wherein ICRA estimates
the export value to stand at Rs28,00cr," Jotwani concluded.
This Indian Rice Exporter Is Not Worried About U.S. Sanctions On
Iran
KRBL Ltd., the maker of India Gate basmati rice, is not overly
worried about the U.S. reinstating sanctions on Iran. This despite the country
along with Saudi Arabia accounting for nearly 40-45 percent of India’s basmati
rice exports, according to rating agency ICRA. “As far as rice is concerned, it
is a staple food in Iran and that is why it will be out of the sanctions,” Anil
Mittal, chairman and managing director of the company, told BloombergQuint. “In
the past too, whenever there are sanctions on any country, essential food items
are out of the sanction,” he said citing the examples of North Korea and Sudan.
U.S. President Donald Trump abandoned the landmark 2015 nuclear deal between
America and the Iran, and reinstated sanctions, opening an uncertain new
chapter for the country and its neighbours. The sanctions threaten to tighten
global oil markets and derail billions in business deals. India, one of the
close allies of U.S., exports rice and two-wheelers to Iran while importing
crude oil from there. Rice exporters to Iran include KRBL, Kohinoor Foods Ltd. and LT Foods Ltd. KRBL gets 5 percent of its
turnover from Iran, Mittal said. Ergo, the sanctions would not affect their
business much. The company’s stock pared early losses and was trading 3.42
percent higher at 10 a.m.
Watch the full conversation here:
Date: 09-May-2018
Kingdom’s rice exports drop despite deals
A woman works in a rice processing factory in Battambang
province. Heng Chivoan
Cambodian rice exports have dramatically declined over the past
four months compared to the same period last year, causing significant concern
for the rice industry even as plans are in the works to expand exports by
thousands of tonnes, according to government officials. The data, released by
the General Department of Agriculture yesterday, show that total rice exports
in the first four months of this year totalled 197,354 tonnes, compared to the
212,394 tonnes exported in the same period last year, a year-on-year decrease
of 7 percent. “It is really concerning for the rice industry,” said Hean
Vanhan, director general of the General Department of Agriculture, yesterday.
He stated that while the Cambodia rice industry could produce 10 million tonnes
of raw paddy, exports are realistically expected to fall. Vanhan claimed that
even though agreements had been signed to boost exports, terms of the deals and
price negotiations were still ongoing. “We will set up a meeting with the
private sector and relevant ministries to address the added challenges,” he
said. China, which agreed to accept 200,000 tonnes of rice from the Kingdom
last year and will expand that quota to 300,000 tonnes this year, was the top
destination for rice shipments leaving the country. Bangladesh also inked a
deal with the government last year to purchase 1 million tonnes of rice from
Cambodia over the next five years. None has yet been shipped, however, as the
memorandum remains in the negotiation phase. Long Kemvichet, spokesman for the
Ministry of Commerce claims that the deal with Bangladesh is still being ironed
out and that the two sides are, “working toward implementing the MoU”.
Rice exports up 27pc to $1.57bln in Jul-Apr
KARACHI: Rice exports rose 27 percent to $1.57 billion
during the first 10 months of the current fiscal year as exporters pushed fresh
cargoes to Indonesia, Kenya and other markets during the period, an industry
official said on Wednesday. Rice exports amounted to $1.23 billion during the
corresponding period last year. Rafique Suleman, senior vice chairman of Rice
Exporters Association of Pakistan (Reap) said exports increased 15 percent to
3.22 million tons during the 10 months of the current fiscal year of 2017/18.
Suleman said exports of non-basmati rice to Indonesia increased during the
period. Local traders exported 50,000 tons of non-basmati rice to Indonesia
during the July-April period. Kenya remained the largest buyer of Pakistani
non-basmati rice, buying 323,000 tons of rice amounting to $118 million. China
was also one of the largest importers of Pakistani non-basmati rice. “By the
end of April, we exported 274,000 tons of rice valuing $100 million (to
China),” Suleman said. He said demand for rice in the international market is
increasing. The crop was good in terms of both quality and quantity this year,
he added. Reap senior vice chairman said the country has come out of the crisis
of low exports, which was observed during the last three years. “Value of rice
export trade has been showing improvement due to the coordination of Reap
office bearers with the Trade Development Authority of Pakistan and customs,”
he said. “Reap members are putting in untiring efforts, and aggressive
marketing to increase rice exports and to earn valuable foreign exchange.” The
industry official said rice exporters are making investments to install modern
rice processing machinery and using value-addition technology. Suleman said the
association is sending trade delegations to various countries for rice
marketing. “Last month a delegation came back after a successful visit to Iran,
which is very lucrative and a potential market for basmati rice.” Around
100,000 tons of rice has so far been exported to the neighbouring country
during the current season. Suleman said Government Trading Corporation of Iran
has issued tenders for 20,000 tons of basmati, in which many Pakistani rice
exporting companies would participate. He hoped that a handsome amount of
foreign exchange would be fetched by Pakistani rice exporters.
Kingdom’s rice
exports drop despite deals
A woman works in a rice processing factory in Battambang
province. Heng Chivoan
Cambodian rice exports have
dramatically declined over the past four months compared to the same period
last year, causing significant concern for the rice industry even as plans are
in the works to expand exports by thousands of tonnes, according to government
officials.
The data, released by the General
Department of Agriculture yesterday, show that total rice exports in the first
four months of this year totalled 197,354 tonnes, compared to the 212,394
tonnes exported in the same period last year, a year-on-year decrease of 7
percent.
“It is really concerning for the
rice industry,” said Hean Vanhan, director general of the General Department of
Agriculture, yesterday. He stated that while the Cambodia rice industry could
produce 10 million tonnes of raw paddy, exports are realistically expected to
fall.
Vanhan claimed that even though
agreements had been signed to boost exports, terms of the deals and price
negotiations were still ongoing.
“We will set up a meeting with
the private sector and relevant ministries to address the added challenges,” he
said.
China, which agreed to accept
200,000 tonnes of rice from the Kingdom last year and will expand that quota to
300,000 tonnes this year, was the top destination for rice shipments leaving
the country.
Bangladesh also inked a deal with
the government last year to purchase 1 million tonnes of rice from Cambodia
over the next five years. None has yet been shipped, however, as the memorandum
remains in the negotiation phase.
Long Kemvichet, spokesman for the
Ministry of Commerce claims that the deal with Bangladesh is still being ironed
out and that the two sides are, “working toward implementing the MoU”.
Japonica rice ready for farming
Chea Vannak / Khmer Times Share:
The government yesterday announced
that a new rice variety known as ‘japonica’ is officially available for farming
after having passed performance tests.
Officially called ‘oryza sativa
japonica’, the rice variety will be planted in 200,000 hectares around the
country, and will be shipped primarily to China, where it is very popular,
Agriculture Minister Veng Sakhon said Monday.
Tests on japonica and its
adaptability to the Cambodian soil have been conducted in Kampong Speu
province, after the ministry signed an agreement in January with two Chinese
laboratories, Hunan Hybrid Rice Research Center and Jiangsu Long An
Agricultural Technology, to study the grain jointly.
The ultimate goal of the
agreement is to feed vast demand for the grain in the Chinese market, Mr Sakhon
explained.
“As planned, 200,000 hectares of
land will be used for planting japonica seeds, producing up to six tonnes of
paddy rice per hectare,” he said, although he failed to go into details
regarding the provinces where the plantations will be located.
In January, Hean Vanhan,
director-general of the Ministry of Agriculture, said that while little-known
in Cambodia, the japonica rice variety is vastly popular in China, particularly
in the north. He said planting the variety at home was an important stepping
stone in boosting exports to China, which is already Cambodia’s biggest market
for rice.
Moul Sarith, secretary-general of
the Cambodia Rice Federation, said japonica will also be used domestically.
“Many well-known Japanese and
Korean chefs working in Cambodia like to cook with this variety, so demand is
very high,” he said, adding that japonica fetches higher prices than any other
type of rice grown in the kingdom.
During the first three months of
the year, 25.7 percent of all Cambodian exports of milled rice went to China
(41,412 tonnes out of a total of 161,115 tonnes exported).
India
giving rice and wheat production vast support, US tells WTO
GENEVA,
May 9 (Reuters) - India is supporting its rice and wheat farmers with payments
that are far higher than the amounts it has officially notified to the World
Trade Organization, the United States said in a statement published by the WTO
on Wednesday.“It appears that India provides market price support (MPS) for
wheat and rice vastly in excess of what it has reported to the WTO,” the U.S.
statement said.“India’s apparent MPS for wheat appears to have been over 60
percent of the value of production in each of the last four years for which
India has notified data. Its apparent MPS for rice appears to have been over 70
percent.” (Reporting by Tom Miles Editing by Peter Graff)
Nagpur
Foodgrain Prices Open- May 10, 2018
Nagpur Foodgrain Prices – APMC/Open
Market-May 10, 2018
Nagpur, May 10 (Reuters) – Gram and
tuar prices firmed up again in Nagpur Agriculture Produce
Marketing Committee (APMC) on
increased seasonal demand from local millers amid tight supply
from producing regions. Notable
rise in Madhya Pradesh gram prices and upward trend on NCDEX
also fuelled prices.
About 4,900 bags of gram and 1,400
bags of tuar reported for auction in Nagpur APMC, according
to sources.
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market here but demand was poor.
TUAR
* Tuar varieties quoted static in open market here on subdued demand
from local
traders.
* Major wheat varieties recovered in open market on increased marriage
season demand
from local traders.
* In Akola, Tuar New – 4,000-4,100, Tuar dal (clean) – 6,000-6,300, Udid
Mogar (clean)
– 7,000-8,000, Moong Mogar (clean) 7,200-7,800, Gram – 3,400-3,475, Gram
Super best
– 5,200-5,600
* Rice and other foodgrain items moved in a narrow range in
scattered deals and settled at last levels in weak trading activity.
Nagpur foodgrains APMC auction/open-market
prices in rupees for 100 kg
FOODGRAINS
Available prices Previous close
Gram Auction
3,050-3,380 2,900-3,370
Gram Pink Auction
n.a. 2,100-2,600
Tuar Auction
3,500-4,180 3,500-4,120
Moong Auction
n.a. 3,900-4,200
Udid Auction
n.a. 4,300-4,500
Masoor Auction
n.a. 2,600-2,800
Wheat Mill quality Auction
1,600-1,702 1,650-1,726
Gram Super Best Bold
5,000-5,500 5,000-5,500
Gram Super Best
n.a. n.a.
Gram Medium Best
4,500-4,800 4,500-4,800
Gram Dal Medium
n.a. n.a
Gram Mill Quality
3,500-3,600 3,500-3,600
Desi gram Raw 3,500-3,575 3,500-3,575
Gram Kabuli
12,700-13,200 12,700-13,200
Tuar Fataka Best-New
6,200-6,400 6,200-6,400
Tuar Fataka Medium-New
5,800-6,100 5,800-6,100
Tuar Dal Best Phod-New
5,600-5,800 5,600-5,800
Tuar Dal Medium phod-New
5,300-5,500 5,300-5,500
Tuar Gavarani New
4,100-4,150 4,100-4,150
Tuar Karnataka
4,500-4,700 4,550-4,750
Masoor dal best
4,800-5,000 4,800-5,200
Masoor dal medium
4,500-4,700 4,600-4,800
Masoor
n.a. n.a.
Moong Mogar bold (New)
7,500-8,200 7,500-8,200
Moong Mogar Medium
6,700-7,200 6,700-7,200
Moong dal Chilka
5,700-7,000 5,700-7,000
Moong Mill quality
n.a. n.a.
Moong Chamki best
7,800-8,500 7,800-8,500
Udid Mogar best (100 INR/KG) (New) 7,500-8,500 7,500-8,500
Udid Mogar Medium (100 INR/KG)
5,500-6,500
5,500-6,500
Udid Dal Black (100 INR/KG)
5,700-6,000
5,700-6,000
Batri dal (100 INR/KG) 3,800-3,950 3,800-3,950
Lakhodi dal (100 INR/kg)
2,650-2,725 2,650-2,725
Watana Dal (100 INR/KG)
4,000-4,300 4,000-4,300
Watana Green Best (100 INR/KG)
4,200-4,300
4,200-4,300
Wheat 308 (100 INR/KG)
2,000-2,100 2,000-2,100
Wheat Mill quality (100 INR/KG)
1,975-2,050
1,950-2,000
Wheat Filter (100 INR/KG)
2,250-2,400
2,200-2,350
Wheat Lokwan best (100 INR/KG)
2,300-2,450
2,250-2,450
Wheat Lokwan medium (100 INR/KG)
2,100-2,200 2,050-2,150
Lokwan Hath Binar (100 INR/KG)
n.a. n.a.
MP Sharbati Best (100 INR/KG)
3,200-4,000
3,200-3,800
MP Sharbati Medium (100 INR/KG)
2,400-2,800
2,400-2,700
Rice BPT best (100 INR/KG)
3,400-4,000
3,400-4,000
Rice BPT medium (100 INR/KG)
2,900-3,200
2,900-3,200
Rice Luchai (100 INR/KG)
2,700-2,900
2,900-2,900
Rice Swarna best (100 INR/KG)
2,600-2,800
2,600-2,800
Rice Swarna medium (100 INR/KG)
2,500-2,600
2,500-2,600
Rice HMT best (100 INR/KG)
4,200-4,700 4,200-4,700
Rice HMT medium (100 INR/KG)
3,900-4,000
3,900-4,000
Rice Shriram best(100 INR/KG)
5,300-5,500 5,300-5,500
Rice Shriram med (100 INR/KG)
4,600-4,800
4,600-4,800
Rice Basmati best (100 INR/KG)
9,500-14,000
9,500-14,000
Rice Basmati Medium (100 INR/KG)
5,000-7,500
5,000-7,500
Rice Chinnor best 100 INR/KG)
6,200-6,500
6,200-6,500
Rice Chinnor medium (100 INR/KG)
5,800-6,000 5,800-6,000
Jowar Gavarani (100 INR/KG)
2,000-2,200
2,000-2,100
Jowar CH-5 (100 INR/KG)
1,800-2,000 1,700-2,000
WEATHER (NAGPUR)
Maximum temp. 44.6 degree Celsius,
minimum temp. 28.5 degree Celsius
Rainfall : nil
FORECAST: Mainly clear sky. Maximum
and minimum temperature would be around and 44 and 29 degree
Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are
excluded from plant delivery prices, butincluded in market prices)
Zanzibar to increase rice production by 30 pct
Source: Xinhua 2018-05-09 03:16:06
ARUSHA, Tanzania, May 8
(Xinhua) -- Tanzania's semi-autonomous Zanzibar archipelago is set to increase
production of rice by 30 percent in a new drive to reduce importation, a senior
official said Tuesday.
Rashid Ali Juma,
Zanzibar's Minister for Agriculture and Natural Resources, revealed this while
speaking at the inauguration of a fertilizer manufacturing plant in the Indian
Ocean Island.
In this harvesting season,
the minister said Zanzibar will increase production by 30 percent, as the
country grapples to plug the gap between locally produced rice and the imported
one.
"We have a gap of
57,000 tonnes of rice per year, currently we're producing 23,000 tonnes
annually," the minister said, insisting on the Zanzibar government's
determination to boost paddy cultivation to meet the demand of 80,000 tonnes
per year
According to the minister,
rice is the Zanzibar's main staple food with the current demand standing at
61.3 kilograms per person annually.
Juma noted that to
increase rice production, farmers should be enabled to practice modern
agriculture using advanced techniques, use quality seeds as well as
fertilizers.
"The fertilizer plant
we have launched today is expected to produce the best fertilizer that will
make farmers realize bumper harvests," he said, noting that the newly
introduced plant will increase rice production by 30 percent.
He urged rice farmers to
continue using the locally produced fertilizer to boost productivity.
James Flock, director
general, of Zanzibar cereals development project said the installed plant has a
capacity to produce three tonnes of fertilizers every day.
He said the 1,000 tonnes
of fertilizers to be produced annually can be used by rice and vegetable
growers in the spice island of Zanzibar.
Nagpur
Foodgrain Prices Open- May 09, 2018
MAY 9,
2018 / 1:09 PM
Nagpur Foodgrain Prices – APMC/Open
Market-May 9, 2018
Nagpur, May 9 (Reuters) – Gram and
tuar prices reported higher in Nagpur Agriculture Produce
Marketing Committee (APMC) on good
buying support from local millers amid weak supply from
producing regions. Fresh rise in
Madhya Pradesh gram prices and reported demand from South-based
millers also boosted prices.
About 5,200 bags of gram and 2,000
bags of tuar reported for auction in Nagpur APMC, according
to sources.
FOODGRAINS & PULSES
GRAM
* Desi gram raw firmed up in open market on good seasonal demand from
local traders.
TUAR
* Tuar Karnataka down in open market here in absence of buyers amid
increased
supply from producing regions.
* Moong dal chilka moved down in open market on poor demand from local
traders.
* In Akola, Tuar New – 4,000-4,100, Tuar dal (clean) – 6,000-6,300, Udid
Mogar (clean)
– 7,000-8,000, Moong Mogar (clean) 7,200-7,800, Gram – 3,400-3,475, Gram
Super best
– 5,200-5,600
* Wheat, rice and other foodgrain items moved in a narrow range in
scattered deals and settled at last levels in thin trading activity.
Nagpur foodgrains APMC auction/open-market
prices in rupees for 100 kg
FOODGRAINS
Available prices Previous
close
Gram Auction
2,900-3,370 2,900-3,300
Gram Pink Auction
n.a. 2,100-2,600
Tuar Auction
3,600-4,144 3,450-4,100
Moong Auction
n.a. 3,900-4,200
Udid Auction
n.a. 4,300-4,500
Masoor Auction
n.a. 2,600-2,800
Wheat Mill quality Auction
1,650-1,726 1,600-1,700
Gram Super Best Bold
5,000-5,500 5,000-5,500
Gram Super Best
n.a. n.a.
Gram Medium Best
4,500-4,800 4,500-4,800
Gram Dal Medium
n.a. n.a
Gram Mill Quality
3,500-3,600 3,500-3,600
Desi gram Raw
3,500-3,575 3,450-3,525
Gram Kabuli
12,700-13,200 12,700-13,200
Tuar Fataka Best-New
6,200-6,400 6,200-6,400
Tuar Fataka Medium-New
5,800-6,100 5,800-6,100
Tuar Dal Best Phod-New
5,600-5,800 5,600-5,800
Tuar Dal Medium phod-New
5,300-5,500 5,300-5,500
Tuar Gavarani New
4,100-4,150 4,100-4,150
Tuar Karnataka
4,500-4,700 4,550-4,750
Masoor dal best
4,800-5,000 4,800-5,200
Masoor dal medium
4,500-4,700 4,600-4,800
Masoor
n.a. n.a.
Moong Mogar bold (New)
7,500-8,200 7,500-8,200
Moong Mogar Medium
6,700-7,200 6,700-7,200
Moong dal Chilka
5,700-7,000 5,800-7,000
Moong Mill quality
n.a. n.a.
Moong Chamki best
7,800-8,500 7,800-8,500
Udid Mogar best (100 INR/KG) (New) 7,500-8,500 7,500-8,500
Udid Mogar Medium (100 INR/KG)
5,500-6,500
5,500-6,500
Udid Dal Black (100 INR/KG)
5,700-6,000
5,700-6,000
Batri dal (100 INR/KG)
3,800-3,950 3,800-3,950
Lakhodi dal (100 INR/kg) 2,650-2,725 2,650-2,725
Watana Dal (100 INR/KG)
4,000-4,300 4,000-4,300
Watana Green Best (100 INR/KG)
4,200-4,300
4,200-4,300
Wheat 308 (100 INR/KG)
2,000-2,100 2,000-2,100
Wheat Mill quality (100 INR/KG)
1,950-2,000
1,950-2,000
Wheat Filter (100 INR/KG)
2,200-2,350
2,200-2,350
Wheat Lokwan best (100 INR/KG)
2,250-2,450
2,250-2,450
Wheat Lokwan medium (100 INR/KG)
2,050-2,150 2,050-2,150
Lokwan Hath Binar (100 INR/KG)
n.a. n.a.
MP Sharbati Best (100 INR/KG)
3,200-3,800
3,200-3,800
MP Sharbati Medium (100 INR/KG)
2,400-2,700
2,400-2,700
Rice
BPT best (100 INR/KG)
3,400-4,000
3,400-4,000
Rice BPT medium (100 INR/KG)
2,900-3,200
2,900-3,200
Rice Luchai (100 INR/KG)
2,700-2,900
2,900-2,900
Rice Swarna best (100 INR/KG)
2,600-2,800
2,600-2,800
Rice Swarna medium (100 INR/KG)
2,500-2,600
2,500-2,600
Rice HMT best (100 INR/KG)
4,200-4,700
4,200-4,700
Rice HMT medium (100 INR/KG)
3,900-4,000 3,900-4,000
Rice Shriram best(100 INR/KG)
5,300-5,500 5,300-5,500
Rice Shriram med (100 INR/KG)
4,600-4,800
4,600-4,800
Rice Basmati best (100 INR/KG)
9,500-14,000
9,500-14,000
Rice Basmati Medium (100 INR/KG)
5,000-7,500
5,000-7,500
Rice Chinnor best 100 INR/KG)
6,200-6,500
6,200-6,500
Rice Chinnor medium (100 INR/KG)
5,800-6,000
5,800-6,000
Jowar Gavarani (100 INR/KG)
2,000-2,200
2,000-2,100
Jowar CH-5 (100 INR/KG)
1,800-2,000 1,700-2,000
WEATHER (NAGPUR)
Maximum temp. 44.4 degree Celsius,
minimum temp. 25.2 degree Celsius
Rainfall : nil
FORECAST: Mainly clear sky. Maximum
and minimum temperature would be around and 44 and 24 degree
Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are
excluded from plant delivery prices, butincluded in market prices)
https://in.reuters.com/article/israel-golan-rockets/israel-says-it-attacked-targets-in-syria-after-iranian-rocket-fire-idINKBN1IA3GN
