Wednesday, February 18, 2015

17th February (Tuesday),2015 Daily Global Rice E_Newsletter by Riceplus Magazine

Govt estimates 30.06 mn tons wheat procurement during 2015-16

16.02.2015
The government has fixed procurement target for Ravi Marketing Season (RMS) 2015-16 as 30.06 million tons against the actual wheat procurement of 28.02 million tons during RMS 2014-15. The target was fixed in the meeting of State Food Secretaries held to discuss procurement arrangements here today.

The meeting was chaired by Sudhir Kumar, union secretary of food and public distribution.The government has also fixed target for overall rice procurement for Kharif Marketing Season (KMS) 2014-15, as 35.11 million tons which include 30.05 million tons for kharif crop and 5.05 million tons for Rabi crop. The actual procurement of rice during KMS 2013-14 and KMS 2014-15 so far has been reported as 31.84 million tons and 20.74 million tons respectively.Procurement estimates of main wheat growing states as reported by them are Punjab- 12 million tons, Haryana- 7 million tons, Madhya Pradesh- 6 million tons, Uttar Pradesh- 3 million tons and Rajasthan- 1.8 million tons.

Rice procurement for Rabi crop during KMS 2014-15 of main rice growing states during the season are Odisha- 6.70 lakh tons, West Bengal- 9.15 lakh tons, Telangana- 1.47 million tones, Tamil Nadu- 1 million tons and Andhra Pradesh- 1 million tons.





Philippines to import 500,000 metric tons rice stocks for lean season

MANILA: The Philippines will import 500,000 metric tons of rice for the lean season starting this July, the National Food Authority (NFA) said Tuesday, February 17.For this first programmed rice importation for 2015, NFA approved the mandatory buffer stocking requirement of a maximum of 250,000 MT of 25% brokens and 250,000 MT of 15% brokens. Broken rice is a rice grade consisting of grains broken in the milling process.All imports should be well-milled long grain white rice, the NFA said.

The total volume of rice would be imported through government-to-government deal with countries that have procurement agreements with the Philippines. They include Thailand, Vietnam, and Cambodia.The NFA already sent invitations to the pertinent governments to make an offer.The date for the submission of offers has yet to be set. Sellers should offer a minimum volume of 50,000 MT for each variety.Offers would be evaluated based on the lowest price offers and compliance to the procurement requirements.Half of the imported volume should be delivered to the Philippines not later than March 31. The next half should be delivered not later than April 30.




Vietnam may stockpile 1 million tons of rice to stabilize prices
Thanh Nien News
HA NOI - Tuesday, February 17, 2015 14:48

 Photo credit: Thoi Bao Kinh Te Saigon Online
Vietnam may stockpile around 1 million tons of rice through the mid of April in an attempt to keep prices stable and secure profits for farmers. Under a new proposal from the agriculture ministry, local rice companies will be allowed to take out loans at subsidized interest rates to buy rice from farmers in the Mekong Delta, the country’s biggest rice producer, news website Thoi Bao Kinh Te Saigon Online recently reported.Purchases are expected to be made from March 1 to April 15. Harvesting of the country's winter-spring crop has begun. Prices are likely to fall once the new supply hits the market. A report released by the ministry showed that Vietnam's rice supply is likely to surpass demand soon, which will cause prices to fall remarkably.The ministry was quoted as saying that the Mekong Delta’s output for February and March will total 3.65 million tons.Exports, on the other hand, are not catching up. The amount contracted to ship so far has reduced tremendously compared to the same period last year.
The ministry also noted a downward trend in local rice prices, blaming it on the supply-demand imbalance.For instance, between January 26 and February 11, prices of the popular IR50404 rice variety dropped from VND4,600 (US$0.21) per kilogram to VND4,250 in An Giang Province, a 7.6 percent decline. Vo Thanh Do, a senior official from the ministry, said in the news report that Vietnamese farmers are still able to earn a 30 percent profit margin at the moment.The Vietnam Food Association has said that with harsh competitions from other rice producers like Thailand and India, and with increasing supplies, Vietnam’s rice exports will be under huge pressure over the next months.




NFA approves 500,000-MT rice imports

February 17, 2015 7:51 pm
by JAMES KONSTANTIN GALVEZ 
THE National Food Authority (NFA) Council has approved the importation of 500,000 metric tons (MT) of rice this year to boost government buffer stock before the lean season.In a media advisory, the NFA said the Council, following a meeting on Feb 13, has approved the importation of the country’s rice requirement through a government-to-government (G2G) deal.A G2G transaction requires an existing executive agreement for a country to participate in the bidding of the rice.
At present, only three countries—Vietnam, Thailand and Cambodia—have existing rice purchase agreement with the Philippines.Under the terms of reference, the state-run grains agency will buy 250, 000 MT (25 percent brokens) and 250, 000 MT (15 percent brokens), well-milled long grain white rice.The minimum volume to be offered is 50, 000 MT for each variety. The NFA also requires bidders to deliver 50 percent of the volume to be awarded not later than March 31, 2015 and the other 50 percent not later than April 30, 2015
“Evaluation of the offer and contract award shall be undertaken on the basis of the lowest price offered, provided that the offer conforms with the volume and delivery period requirement,” the agency added.The state-run grains agency is required by law to have at least 15-day buffer stock at any given time, and 30-day buffer stock during lean months. Traditionally, the lean season in the Philippines starts in June and ends in September.With stocks dipping below 13 days, the NFA is now resorting to importation anew to beef up its inventory.Last year, the Philippines rice importation reached over 1.7 million MT, the biggest under the Aquino administration, and closer to the 2009 level of 1.8 million MT.




Next round of rice auction is set at the end of this month
Tuesday, 17 February 2015
By  NNT


BANGKOK, 17 Feb 2015, The Commerce Ministry says the next round of rice auction is scheduled for the end of this month, expecting to sell no less than 1 million tons of rice.According to Commerce Minister General Chatchai Sarikallaya, the administration managed to sell 496,000 tons out of 999,000 tons of rice during the first round of auction held on January 29th.of this year.He said one of the bidders, a nominee from the Siam Indica Co.,LTD., had been disqualified from the deal, relinquishing its deal of 400,000 tons of rice. The rice released from the deal will be auctioned off in next round as well.Earlier the National Anti Corruption Commission discovered that Siam Indica had been involved with a shady government-to-government rice deal.


In Memory:  Lee Adams  



Lee Adams (r) receives 
RMA Distinguished Service Award 
in 2011 from Paul Crutchfield
The U.S. rice industry is deeply saddened by the passing of Lee Adams, 74, of College Station, Texas, on Friday, February 13.  Lee Adams was one of the industry's most stalwart and respected leaders.  His many leadership roles included dedicated service on the boards of USA Rice organizations and The Rice Foundation.  He was a past officer of the USA Rice Council and served as chairman of the USA Rice Federation from 2004 to 2006.   Adams was a long-time board member and past chairman of the USA Rice Millers' Association, which in 2011 named him a recipient of the RMA Distinguished Service Award, the organization's highest honor.   He also was a strong supporter of the Rice Leadership Development Program, which identifies and nurtures young industry leaders.

"Lee was adamant that we have young leaders moving up through the ranks to sustain the strength of our industry's organizations," said Chris Crutchfield, current RMA chairman and a leadership program graduate.  "In my professional and personal life, Lee served as both a mentor and father figure, and I know he had the same influence on many others in our industry."

"Lee exemplified statesmanship and his legacy in the rice industry will be long lasting," said USA Rice Federation President & CEO Betsy Ward.  "His passion and commitment inspired us all."A memorial mass service will be held at 10:00 a.m. on Friday, February 20, at St. Laurence Catholic Church, 3100 Sweetwater Blvd., Sugar Land, Texas.In lieu of flowers, donations may be made to the 12th Man Foundation, P.O. Box 2800, College Station, TX 77841, or to St. Laurence Church, 3100 Sweetwater Blvd., Sugar Land, TX 77479.  An online guestbook is available for messages to the family.

Farm Bill Sign-Ups, Domestic Promotion, and Trade Featured at Mississippi Rice Council 


USA Rice CEO Betsy Ward delivers rice industry report in MS

STONEVILLE, MS -- The USA Rice Federation gave an overview of key priorities for the organization at the Mississippi Rice Council meeting on Friday.Government Affairs Vice President Ben Mosely reminded Mississippi growers that the deadline to make yield updates and base acre allocation under the 2014 Farm Bill is fast approaching, and that growers need to go into their local Farm Service Agency (FSA) offices and fill out the paperwork.

"We know sign-ups are progressing slowly all around the country, but if people wait until the last minute, the FSA offices are going to be overwhelmed, not to mention the fact that soon enough, rice farmers are going to be back out in the fields -- please don't delay any longer," he said.Communications Vice President Michael Klein provided communications and domestic promotion updates to the crowd, including the details of ongoing outreach with supermarket retail dietitians."This is a growing and influential group and they are very receptive to rice messages," he said.  "We provide them with information on rice's sustainability, nutritional benefits, and the fact that U.S.-grown rice is GMO and gluten free and they pass this along enthusiastically to their customers in a variety of ways, benefiting the entire U.S. industry.

"USA Rice President & CEO Betsy Ward spoke about the task of having to educate so many new Members of Congress on important rice issues including trade with Iraq, Cuba, and Mexico, and the ongoing Trans Pacific Partnership and Transatlantic Trade and Investment Partnership negotiations.Ward pointed to the Colombia FTA as an example of how powerful and beneficial good, common-sense trade agreements can be.  "Not only did we create a new market for our rice, but the benefits are spread throughout the rice industry, funding important industry research that helps us improve the quality, sustainability, and marketability of our rice," she said. 

Mississippi rice research has received more than $1 million dollars since the agreement was signed. Ward also shared her view that once legal and legislative hurdles have been cleared, the U.S. rice industry should quickly recapture some of the Cuban rice market.  She said, "We need normal commercial relations to secure this market and we are working hard in Washington to support Congressional efforts to achieve this goal.""The meeting was a total success with informative reports from the top leadership of our USA Federation regarding the future of the rice industry," said Curtis Berry, Mississippi Rice Council President.

Contact:  Chuck Wilson (870) 673-7541

Experimental project proving to be good for salmon and rice

Jacob Katz of CalTrout pulls a pair of four-day-old salmon out of a fallow rice field at Knaggs Ranch in the Yolo Bypass. Sarah Dowling — Daily Democrat
By Sarah Dowling, Woodland Daily Democrat
POSTED: 02/16/15, 9:33 PM PST 

With the assistance of John Brennan of CalMarsh, left, Jacob Katz explains how the Yolo Bypass system works and how Knaggs Ranch fits into it.Woodland >> During the non-growing season, rice fields in the Yolo Bypass have been a part of an experiment designed to help salmon thrive.The idea is to flood the fields using — well, borrowing — drain water from the Colusa Basin as it flows into the valley and out to the Sacramento River while the fields are fallow.The study is the focus of the Nigiri Project at Knaggs Ranch, in the northern reaches of the Yolo Bypass between Interstate 5 and the Sacramento River.

The Bypass serves as an incubator for young salmon while they feed and bulk up before ultimately being flushed down the Delta.“It all starts with sunlight,” explained Jacob Katz of CalTrout, who spoke to visitors at a farm tour last week. “When sunlight hits the water, it makes algae and algae makes food for salmon.”However, the Yolo Bypass is a system with deep, narrow canals, which limit the amount of sunlight hitting the water.“We built a system that is starving the fish,” Katz added. “By spreading everything out, allowing more sunlight, salmon are able to get enough food.

”It was this simple concept that ignited the project back in 2011, and it has been growing ever since. “We are spreading water out, slowing it down to mimic how the river used to be,” Katz said. “This allows fish to be self-sufficient.”According to the study, these “surrogate wetlands” mimic the floodplain rearing habitat used historically by young salmon.

What scientists have found is extraordinary: The fastest growth rates and highest health indexes ever documented in Delta salmon research.“If you compare river growth with floodplain growth, it’s night and day,” explained Katz, saying the fish double their weight every week. The habitat is so rich in plankton that it’s like “floating filet mingon. The fish are swimming around with their eyes closed and mouths open. They barely have to do anything; there’s so much food.

”http://www.chicoer.com/general-news/20150216/experimental-project-proving-to-be-good-for-salmon-and-rice?utm_source=USA+Rice+Daily%2C+February+17%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium=email

Half a million tonnes of state rice sold at auction


Published: 17 Feb 2015 at 06.00
Newspaper section: Business
The government yesterday endorsed the sale of about half the almost 1 million tonnes of rice put up in the year's first auction. 
Commerce Minister Chatchai Sarikulya said the government agreed to sell a combined 496,243 tonnes worth 7.85 billion baht to 38 winning bidders in the first auction of state rice stocks for 2015.  Late last month, the Commerce Ministry put 999,763 tonnes of rice up for sale on a whole-warehouse basis for the first time, with the floor prices announced in advance.The floor price for white rice was set at 8-10 baht a kilogramme, while that for for Hom Mali rice was set at 25 baht per kg.
The auction fetched 11 baht per kg on average for white rice, with the offer prices for Hom Mali reaching as high as 31 baht per kg.  The rice put up for auction included 850,000 tonnes of 5% white rice and about 150,000 tonnes of Hom Mali.Authorities estimate the cost of the rice put on sale at 11.7 billion baht.Gen Chatchai said the government could sell 400,000 tonnes more if it agreed on the purchase proposal of one qualified bidder whose qualifications were rejected.A Commerce Ministry source said the proposal belonged to Empire Development Co, which offered to buy more than 400,000 tonnes of rice in 47 warehouses.Authorities' investigation found Empire Development might have links to Siam Indica Co, as the two share the same address and Empire's authorised director was formerly a Siam Indica director and shareholder.
Siam Indica had been barred by authorities from joining the bidding after its indictment by the National Anti-Corruption Commission for graft related to the rice-pledging scheme.Gen Chatchai said the Commerce Ministry would call a second auction for an additional 1 million tonnes of state-held rice later this month.Charoen Laothammatas, president of the Thai Rice Exporters Association, said the year's first auction by the government was considered a success, indicating market demand for rice continues to remain strong."Despite the amount of rice stocks put up for sale being relatively huge in the first auction, the government's ability to sell almost half the total was more than satisfactory," he said."This shows demand for rice is strong at both the local market and for export. This is a perfect period now for the government to increase its rice stock disposal."
Courtesy: The Bangkok Post

CME Group/Closing Rough Rice Futures   


CME Group (Prelim):  Closing Rough Rice Futures for February 17
Month
Price
Net Change

March 2015
$10.680
+ $0.155
May 2015
$10.880
+ $0.115
July 2015
$11.125
+ $0.110
September 2015
$11.160
+ $0.105
November 2015
$11.315
+ $0.090
January 2016
$11.405
+ $0.090
March 2016
$11.405
+ $0.090

 

Rice growers have new resource to battle rice water weevil

By Tim Sandle  

The rice water weevil is the most harmful insect pest of rice around the world. Hope is at hand for rice farmers in the form of new aquatic traps, which have been developed from a new research strategy.

The rice water weevil (Lissorhoptrus oryzophilus) is a worrisome insect pest of rice and it can trigger significant yield losses. The adult stage of the insect can inflict damage by consuming leaf tissue, whereas the larval form feeds on the roots of rice plants. The larva are equipped with a pair of connected dorsal hooks that are inserted into plant roots.The rice water weevil is a native of the south eastern U.S. Over the years it has invaded Japan, Korea, China, and Italy.

The adults are dark-brown to black with grey scales.Researchers based at the University of California, Davis, have determined why the rice water weevil has spread so rapidly (up to 36 kilometers per year). This is linked to its ability to reproduce asexually.In terms of future strategies, the authors also discuss methods of monitoring and sampling including the use of aquatic barrier traps.

To this they add advice relating to minimising the impact through cultural control methods like draining fields, delayed planting, winter flooding, and nutrient augmentation. As an alternative, the authors also explore the use of microbiological pest control measures using the fungus Beauveria bassiana and the soil bacterium Bacillus thuringiensis. Both of these organisms target insects.More controversially, the researchers suggest the growing of insect-resistant transgenic varieties or rice.

One example is the recently developed Bt rice plant transformed with the Cry3A gene. However, there are some consumer concerns with the use of genetically modified grains.The new study has been reported to the Journal of Integrated Pest Management. The research is titled “A Century of Rice Water Weevil (Coleoptera: Curculionidae): A History of Research and Management With an Emphasis on the United States.”



USA Rice Federation presents report to Arkansas Rice Research and Promotion Board

 

Ward provided the board with a financial report and results of the audits for all five organizations overseen by USA Rice, and then focused her presentation on international market challenges the U.S. rice industry is facing in Cuba, Iraq, China, Central America and the No. 1 market, Mexico.

By USA Rice Federation 

Posted Feb. 16, 2015 at 11:48 AM 


LITTLE ROCK

USA Rice Federation President and CEO Betsy Ward, together with Vice President of Communications, Marketing and Domestic Promotion Michael Klein presented the annual USA Rice Council report to the Arkansas Rice Research and Promotion Board (ARRPB) last week.Ward provided the board with a financial report and results of the audits for all five organizations overseen by USA Rice, and then focused her presentation on international market challenges the U.S. rice industry is facing in Cuba, Iraq, China, Central America and the No. 1 market, Mexico.

"With 64 totally new members of Congress we need to educate on rice issues, several delicate trade deals possibly coming to their conclusion, and our regular challenges, it sometimes feels like we're working in a three ring circus," Ward remarked. "We know things out in the countryside are tough right now, and we are constantly looking for ways to improve the viability of rice farming."Ward took several questions on the situation in Iraq, Cuba and food safety concerns, and in both cases the message was keeping the pressure on."We've applied a great deal of pressure on Iraq and we've seen results, but clearly we need to keep pushing," she said. "This will be a top priority issue at our Government Affairs Conference in Washington in a few weeks.
Klein then shared results from last year's consumer focus groups and explained how what USA Rice learned is being implemented.

"We know we have a great opportunity to educate folks, because they don't know a lot about rice — but they respond very positively to our conservation messages, and would like us to tell them more," he said.Klein said the desire people show to eat local and support U.S. farmers factors into the group's retail outreach through supermarket dieticians and elementary school programs

The ARRPB is made up of nine rice producers who are nominated by industry organizations and appointed to two-year terms by the governor. The board is responsible for allocating Arkansas rice promotion and research check-off funds annually. For the past 29 years, the ARRPB has awarded promotion funds to the USA Rice Council. "We always appreciate the opportunity to meet with this board and report on work made possible by the financial resources entrusted to us by Arkansas," Ward said. "I also want to thank the Arkansas rice farmers and industry members who serve on the USA Rice Council board and on USA Rice domestic and international promotion committees. 

Their participation is vital to USA Rice's member-driven process for program development and implementation."After the presentations on promotion results and USA Rice financials, the ARRPB approved the USA Rice Council's request for funding in the fiscal year Aug. 1, 2015 to July 31, 2016.


Bicol co-ops receive rice processing equipment from DA



TWO FARMER associations in Bicol secured infrastructure and P3-million financial support from the Department of Agriculture (DA).


In a statement yesterday, the agency said the move was intended to help rural organizations to become more profitable and sustainable.Agriculture Secretary Proceso J. Alcala led the turnover of the rice processing complex and funding support to Hibiga River Irrigation System Irrigators Association (HRISIA), based in Polangui, Albay; and the San Agustin-San Ramon Farmers’ Cooperative (SARFC) from Bula, Camarines Sur.Through the rice processing complex inaugurated last week, the farmer groups will be provided with tools, equipment and technical expertise to become professional farm service providers.On top of the flatbed dryers and rice mills installed in the processing centers, the farmer cooperatives will also get other items of farm machinery such as reapers, threshers and hand tractors.These will be provided via grants or cost-sharing schemes.

The first batch of machinery -- involving three hand tractors for HRISIA and five for SARFC, as well as a palay thresher for the latter -- was delivered last week.Apart from the equipment, HRISIA and SARFC received P2 million and P1 million starting capital, respectively, to operate their rice processing hubs.“As a bonus, DA will likewise support the expansion of planting areas of farmer-cooperators, in coordination with their respective provincial or municipal agriculturists,” the agency said.The HRISIA has committed to expand the area it plants to rice by an additional 200 hectares, according to the DA.Mr. Alcala also pledged to extend the same support to Barotac Nuevo Development Cooperative when he opened and led the turn-over rites for a rice processing center in Barangay Monpon, Barotac Nuevo three weeks ago.The formation of farm service providers is part of DA’s strategy for increased food security and rural incomes under the Food Staples Sufficiency Program. -- Claire-Ann Marie C. Feliciano




Research and Markets: Global Rice Bran Oil Industry Report 2015


February 16, 2015 03:19 PM Eastern Standard Time
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vqdlsq/global_rice_bran) has announced the addition of the "Global Rice Bran Oil Industry Report 2015" report to their offering.

“Global Rice Bran Oil Industry Report 2015”
The Global Rice Bran Oil Industry Report 2015 is a professional and in-depth study on the current state of the rice bran oil industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The rice bran oil market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Rice bran oil industry import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on twenty-nine industry players providing information such as company profiles, product picture and specification, capacity production, price, cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The rice bran oil industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

Key Topics Covered:
1.      Rice Bran Oil Industry Overview
2.      Rice Bran Oil International and China Market Analysis
3.      Rice Bran Oil Technical Data and Manufacturing Plants Analysis
4.      Rice Bran Oil Production by Regions By Technology By Applications
5.      Rice Bran Oil Manufacturing Process and Cost Structure
6.      Rice Bran Oil Productions Supply Sales Demand Market Status and Forecast 2009-2014
7.      Rice Bran Oil Key Manufacturers Analysis
8.      Up and Down Stream Industry Analysis
9.      Rice Bran Oil Marketing Channels Analysis
10.  Rice Bran Oil Industry Development Trend
11.  Rice Bran Oil Industry Development Proposals
12.  Rice Bran Oil New Project Investment Feasibility Analysis
13.  Global and China Rice Bran Oil Industry Research Conclusions

Companies Mentioned
·         A.P. Refinery
·         Aditi Oil Ltd.
·         Akshath
·         Bcl
·         Chunlu
·         Daping Oils & Grains
·         Dlk
·         Hansells Food Group
·         Honghulang Rice Industry
·         Jianghuaily
·         Jinwang
·         Kang Ji Er
·         Kamal
·         King Rice Oil Group
·         Oryza
·         Qaxld
·         Rito
·         Rudrapur Solvents Pvt. Ltd.
·         Ricebran Technologies
·         Ricela
·         Shivangi Oils
·         Surin Bran Oil
·         Suriny
·         Tsuno
·         Vaighai Agro
·         Wanyuan Food & Oil
·         Wilmar International
·         Wufeng
·         Youngsun Foods

For more informationvisit 

 

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
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Fax (outside U.S.): +353-1-481-1716
Sector: Food and Beverage



Consumer Market Research Reports Annoucements

Discover the Global basmati rice industry 2015: market product price, profit, swot analysis, production, capacity utilization, supply, demand, growth rate

WhaTech Channel: Consumer Market Research Reports
Published on Monday, 16 February 2015 23:30
Submitted by Pawan Kumar WhaTech Agency
News from:     Research Beam
Read: 44 times
For leading suppliers, related information is listed as products, customers, application, capacity, market position, and company contact information, etc. 2015-2020 forecast on capacity, production, cost, price, profit, production value, and gross margin for these markets are also included.Global Basmati Rice Industry 2015: Market Product Price, Profit, SWOT Analysis, Production, Capacity Utilization, Supply, Demand, Growth Rate

Report Overview

Research Beam adds a report titled “Global Basmati Rice Industry 2015 Market Research Report” that provides detailed information of the Global Basmati Rice Industry. The report is an excellent piece of study for investors who are looking towards the market.For overview analysis, the report introduces Basmati Rice basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
For international and China market analysis, the report analyzes Basmati Rice markets in China and other countries or regions (such as US, Europe, Japan, etc) by presenting research on global products of different types and applications developments and trends of market, technology, and competitive landscape, and leading suppliers and countries’2009-2014 capacity, production, cost, price, profit, production value, and gross margin.

For technical data and manufacturing plants analysis, the report analyzes Basmati Rice leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D Status, technology sources, and raw materials sources.


Table of Contents:
Chapter One Basmati Rice Industry Overview

1.1 Basmati Rice Definition

1.2 Basmati Rice Classification and Application

1.3 Basmati Rice Industry Chain Structure

1.4 Basmati Rice Industry Overview

1.5 Basmati Rice Industry Policy Analysis

1.6 Basmati Rice Industry News Analysis


Chapter Two Basmati Rice International and China Market Analysis

2.1 Basmati Rice Industry International Market Analysis

2.1.1 Basmati Rice International Market Development History

2.1.2 Basmati Rice Product and Technology Developments

2.1.3 Basmati Rice Competitive Landscape Analysis

2.1.4 Basmati Rice International Key Countries Development Status

2.1.5 Basmati Rice International Market Development Trend

2.2 Basmati Rice Industry China Market Analysis

2.2.1 Basmati Rice China Market Development History

2.2.2 Basmati Rice Product and Technology Developments

2.2.3 Basmati Rice Competitive Landscape Analysis

2.2.4 Basmati Rice China Key Regions Development Status

2.2.5 Basmati Rice China Market Development Trend

2.3 Basmati Rice International and China Market Comparison Analysis

Chapter Three Basmati Rice Technical Data and Manufacturing Plants Analysis

3.1 2014 Global Key Manufacturers Basmati Rice Capacity and Commercial Production Date

3.2 2014 Global Key Manufacturers Basmati Rice Manufacturing Plants Distribution

3.3 2014 Global Key Manufacturers Basmati Rice R&D Status and Technology Source

3.4 2014 Global Key Manufacturers Basmati Rice Raw Materials Sources Analysis

Ask About Report:



Global Basmati Rice Industry 2015 Market Research Report

 
Global Basmati Rice Industry 2015 Research Report is a professional and depth research report on Global Basmati Rice industry.For overview analysis, the report introduces Basmati Rice basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc
 
For international and China market analysis, the report analyzes Basmati Rice markets in China and other countries or regions (such as US, Europe, Japan, etc) by presenting research on global products of different types and applications developments and trends of market, technology, and competitive landscape, and leading suppliers and countries’2009-2014 capacity, production, cost, price, profit, production value, and gross margin.
 
 For leading suppliers, related information is listed as products, customers, application, capacity, market position, and company contact information, etc. 2015-2020 forecast on capacity, production, cost, price, profit, production value, and gross margin for these markets are also included. For technical data and manufacturing plants analysis, the report analyzes Basmati Rice leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D Status, technology sources, and raw materials sources.This report also presents product specification, manufacturing process, and product cost structure etc. Production is separated by regions, technology and applications.
 
 Analysis also covers upstream raw materials, equipment, downstream client survey, marketing channels, industry development trend and proposals.In the end, the export includes Basmati Rice new project SWOT analysis, investment feasibility analysis, investment return analysis, and development analysis. In conclusion, it is a deep research report on Global Basmati Rice industry. Here, we express our thanks for the support and assistance from Basmati Rice industry chain related technical experts and marketing engineers during Research Team’s survey and interviews.
 


India has no business exporting rice

GUEST COMMENTARY
Feb 16, 2015Milo Hamilton, President and Senior Economist, Firstgrain | Delta Farm Press

Rice and India: an uncomfortable duo.
How will India impact world rice price?

Rice superpowers China and India -- known collectively by some as “Chindia” -- will write the fate of the rice industry in every other country including the United States.In addition, in India the size of a farm operation is getter smaller. How does one make already tiny operations, smaller? This is accomplished through anti-merchandizing policies and farm program subsidies that turn Indian agriculture into a food museum. India is a master at this art.India with very tight water resources and huge pollution problems gives its water to its farmers, virtually for free.

 When it comes to food provisions, India has no faith whatsoever in the free market. India needs a free trade agreement with itself.China is trying to work its way out of its water problems by a massive water transfer program moving water from its south to its north. The people and the agriculture are more in the north but the water is more in the south. China is trying to solve its labor cost problems by making farms larger and by moving millions from the rural areas to the urban areas. It plans on moving 250 million persons from the rural to the urban areas in the next 15 years.My book “When Rice Shakes the World” explains this complex situation. By 2030, China may have about one billion living in its cities. Chinese rice farms had better get a lot bigger or many people will get a lot thinner.

The same applies to India but at a slower pace because India eats less meat than China, although the lowly chicken is changing the diet of India.With about 20-30 percent less available water resources than China, India appears to be doing nothing major to solve its water problems, except giving its water away for free to farmers to get their votes. Oh yes, it also now feeds 67 percent of its population with virtually free food grains. That is double its commitment a year ago.It defends an 800-million person food stamp program, compared to a 46-plus million person food stamp program in the USA. Within five years, I forecast India will be a net importer of foodstuffs. India loses 20-30 percent of its grain stocks yearly versus about 1-2 percent in the United States. That is largely because it has next to no merchandizing grain function. You pay dearly for what you prohibit from happening.

Why do I mention China and India in an article on U.S. rice?  The reason is simple: the acreage has and will most likely increase for rice in the Southern United States in the next year and thereby push the U.S. price right down to the price in Thailand and Vietnam. It is about there now. Meanwhile, the Asian rice price is caught between the two rice giants: India, a massive rice exporter, and China, a massive rice importer.In the next two years, will the rough rice price settle down to the Indian price and bankrupt farmers in the Western Hemisphere? Or will the price claw its way upward to the Chinese price now at $19.79 per cwt.? 

The answer to this question will forge the price you receive for your rice. It will determine whether you will be in the rice business or you and your banker will be growing something else. Obviously the current price is no big encouragement to growing rice in the United States. It is a red ink price as I write this. In a word, your problem is not China. Your rice is unprofitable because India is driving world rice farmers into the poor house.I will give you a hint at the outcome of all this. China may increase its imports faster than India’s rice stocks decline and exports wither.

If world trade is more impacted by a high domestic price importer than a low price domestic price exporter, then the trend now down could reverse itself up.What is the likelihood that India will remain a big exporter of food grains (rice and wheat)? If you define a competitive grain exporter over the long term in terms of their temperate zone resources of navigable waterways, India is a non-starter as a grain export power.The United States has next to no grain exporting competition. The United States is a grain exporting superpower, by the accidental surpluses of its natural resources of water and energy. India fails on both counts.Consider the following numbers. By country, here are miles of temperate and navigable waterways to the sea:

·         USA -- 14,650 miles.
·         China -- 2,000 miles.
·         Germany -- 2,000 miles.
·         France -- 1,000 miles.
·         Arab World -- 120 miles.
·         India -- 0 miles.
(Navigability is defined as a 9-foot channel for 9 months per year. Source: “The Accidental Superpower” by P. Zeihan.)
I point out also that water is more or less given away in Asia for a fraction of the price charged in the Western Hemisphere or the EU. What if water costs in “Chindia” nudge higher? Can you think of any grain that will be most impacted by rising water costs? I will give you a hint: it is spelled r-i-c-e.
Note: Hamilton will speak on these and other rice issues at the Mid-South Farm & Gin Show in Memphis on February 28 at 1:30 p.m.



Editorial: After ‘progress’ fails fish, science steps up

POSTED: 02/17/15, 11:19 PM PST |
Humankind didn’t do fish and wildlife any favors when it went on a dam-building spree a half-century ago. Now science it trying to help with a small bit of payback.The impacts the massive structures would have on fish and critters were barely considered in the name of progress as society sought modern solutions to the problems of supplying water and electricity for a growing population.It only took a few years to figure out the stunning negative impact dams would have on rivers that contained spawning anadromous fish, however.With hundreds of miles of spawning tributaries cut off by structures like Shasta Dam, Oroville Dam, Trinity Dam and the many dams on the Klamath River, salmon and steelhead populations on the rivers plummeted.
Though the Klamath River dams may be removed, it’s not realistic to expect the same thing at Shasta and Oroville, two big cogs in the state water system. The best we can do is make the current system work.Fish hatcheries for salmon and steelhead were originally proposed as the solution, but they alone cannot replace all the habitat that was lost. Not even close.Worse yet, hatchery salmon and steelhead don’t have the innate survival sense needed to get downriver and out to sea safely, then return in three or four years. Dumb fish get eaten by smarter fish — and birds and sea lions — rather quickly.
So fisheries biologists are constantly tinkering with the system, trying to figure out a better way to do things. For example, is it better to release juvenile salmon in the river when they are fingerlings or yearlings? In the winter or the spring? Is it better to release them from the hatchery or drive them down to the delta, then release them? Is it beneficial to release a bunch of water from the dams when the juvenile salmon are migrating downriver in an attempt to flush them out to sea?
These are all things biologists and water managers experiment with in an effort to give both wild and hatchery salmon better chances of survival.That tinkering has resulted in a fascinating experiment in the Yolo Bypass, on the lower Sacramento River near Woodland. It’s called the Nigiri Project, apparently named by someone who loves salmon sushi.
Instead of using concrete ponds to rear hatchery fish, scientists are trying to raise young salmon in rice fields after the harvest. The shallow fields are flooded and tens of thousands of newly hatched fish are added.Biologists are stunned at how quickly the fish grow. The shallow rice fields serve as an incubator for algae and plankton. Biologists say the plankton are like “floating filet mignon” and the young salmon double in weight every week.
When the salmon get large enough, they’ll be released to the river.Jacob Katz, a CalTrout employee who gave reporters a tour of the Nigiri Project last week, said the Yolo Bypass has deep canals, which is opposite of what the river system used to be, before dams.“We are spreading water out, slowing it down to mimic how the river used to be,” he said.The project is in its fourth year and shows great promise. The rice industry, already a well-documented provider of habitat for waterfowl and other birds, now can add fish habitat provider to its dossier.
“The fish we collect grow faster and survive better,” said Louise Conrad, a program manager with the state Department of Water Resources.Whether wild salmon will ever use this more natural incubator is the ultimate goal and a large hurdle, but the experiments with hatchery fish are certainly a good start.There’s a reason more dams aren’t being built on rivers with anadromous fish. We learned a hard lesson. But we are glad scientists are trying to make the most of what we have.


KRBL Comes Out in Support of Amira Nature Foods and Denounces Factually Incorrect Report

 

Tue Feb 17, 2015 11:38am EST
KRBL Comes Out in Support of Amira Nature Foods and Denounces Factually Incorrect Report

Amira Nature Foods Ltd. (NYSE: ANFI) today announced that KRBL Limited Chairman & Managing Director, Anil Kumar Mittal, has issued a statement denouncing a recent report against Amira Nature Foods and expressing his shock at the false and misleading statements attributed to KRBL.KRBL’s Chairman & Managing Director Anil Kumar Mittal has come forth with the following statement:

“I am shocked having read the content of a recent report with respect to KRBL’s alleged statements on The Amira Group. As Chairman of KRBL, we have the utmost respect for The Amira Group and the Chanana family. Amira and the Chanana family are not only well known in the rice industry, but also the business community with relationships spanning generations.”Mittal continued, “I can confirm that we did not enter into making these irresponsible and factually inaccurate statements that have been attributed to KRBL in this report. I am confident that there has been no involvement from KRBL in this malicious attempt to disseminate this fictional information with respect to KRBL’s alleged comments. It is blatantly obvious that behind the inaccurate report there is someone targeting Amira, using dishonest tactics.”Amira Nature Foods Chairman, Karan A Chanana said, “We thank Mr. Anil Mittal and KRBL for their support in repudiating the false claims made in this malicious report. Amira stands by its historical financial statements filed with the Securities and Exchange Commission.”

About Amira Nature Foods Ltd

Founded in 1915, Amira has evolved into a leading global provider of branded packaged Indian specialty rice, with sales in over 60 countries today. The Company primarily sells Basmati rice, which is a premium long-grain rice grown only in certain regions of the Indian sub-continent, under its flagship Amira brand as well as under other third party brands. Amira sells its products through a broad distribution network in both the developed and emerging markets. The Company’s global headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Malaysia, Singapore, Germany, the United Kingdom, and the United States. Amira Nature Foods Ltd is listed on the New York Stock Exchange (NYSE) under the ticker symbol “ANFI.”
For more information please visit www.amira.net.

Safe Harbor for Forward-Looking Statements

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs.

These forward-looking statements include, but are not limited to: our goals and strategies; our expansion plans; and our future business development. We would like to caution you not to place undue reliance on forward-looking statements and you should read these statements in conjunction with the risk factors disclosed in “Risk Factors” appearing in our Annual Report on Form 20-F as well as other public filings with the Securities and Exchange Commission. Those risks are not exhaustive and reflect our expectations as of the date of this press release. We operate in a rapidly evolving environment.

New risk factors emerge from time to time, and it is impossible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. We do not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.
Amira Nature Foods Ltd

Bruce Wacha, 201-960-0745

Chief Financial Officer

Source with thanks: The Reuters

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Tuesday, February 17, 2015

18 th February 2015 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Happy President's Day from Oryza!

Feb 16, 2015




Oryza editorial team is working limited hours this week and will be back in full force on Tuesday. Wishing you and your families a Happy President's Day!

16th February (Monday),2015 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Vietnam Approves Rice Stockpiling Plan to Stabilize Prices

Feb 13, 2015
Description: http://oryza.com/sites/default/files/field/image/150213vietnamrice.jpg
The government of Vietnam has decided to stockpile winter-spring rice to control price falls during the harvest time, according to a Reuters.
Harvesting of the winter-spring crop, which began this month, will continue till April. Usually paddy prices dip during the harvest time due to increasing supplies and the government approves stockpiling plan to stabilize prices.
The government statement noted that the Agriculture Ministry will oversee the implementation of the plan. However, it did not mention the amount of rice planned to be stockpiled.
Export prices of Vietnam 25% rice currently stand at around $330 per ton, down about 7% from around $355 per ton in the beginning of this year. Export prices have been declining due to increasing supplies from the ongoing harvests in exporting countries and declining export demand.
Vietnam exported about 6.316 million tons of rice in 2014, down about 6% from about 6.71 million tons of rice exported in 2013, according to data from the Vietnam Food Association (VFA).  

Vietnam, Pakistan Rice Quotes Up Today; Other Asia Rice Quotes Unchanged

Feb 13, 2015
Vietnam rice sellers increased their quotes  for 25% broken rice and 100% broken rice by about $5 per ton each to around $325 - $335 per ton and $305 -$315 per ton respectively and increased their quotes for Jasmine rice by about $15 ton to around $460 - $470 per ton today. Pakistan rice sellers increased their quotes for parboiled rice by about $5 per ton to around $390 - $400 per ton. Other Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is quoted at around $405 - $415 per ton, about $50 per ton premium on Vietnam 5% rice shown at around $355 - $365 per ton. India 5% rice is quoted at around $395 - $405 per ton, about $50 per ton premium on Pakistan 5% rice quoted at around $345 - $355 per ton.
25% Broken Rice 
Thailand 25% rice is quoted at around $365 - $375 per ton, about $40 per ton premium on Vietnam 25% rice shown at around $325- $335 per ton, up about $5 per ton from yesterday. India 25% rice is quoted at around $360 - $370, about $55 per ton premium on Pakistan 25% rice quoted at around $305 - $315 per ton.
Parboiled Rice
Thailand parboiled rice is quoted at around $405 - $415 per ton. India parboiled rice is quoted at around $390 - $400 per ton, on par with Pakistan parboiled rice quoted at around $390 - $400 per ton, up about $5 per ton from yesterday.
100% Broken Rice
Thailand broken rice, A1 Super, is quoted at around $320 - $330 per ton, about $15 per ton premium on Vietnam 100% broken rice shown at around $305 - $315 per ton, up about $5 per ton from yesterday. India's 100% broken rice is shown at around $295 - $305 per ton,  about $20 per ton premium on Pakistan broken sortexed rice quoted at around $275 - $285 per ton

Weekly Recap: Global Rice Prices Steady

Feb 13, 2015
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the week at about $421 per ton, up about $1 per ton from a week ago, down about $8 per ton from a month ago and down about $41 per ton from a year ago.
Thailand
Thailand 5% broken rice is today shown at about $405 per ton, unchanged from a week ago, down about $5 per ton from a month ago, and down about $35 per ton from a year ago.
Thailand may sell about 500,000 tons of rice to winning bidders from the one million tons auctioned on January 29.
The National Anti-Corruption Commission will likely recommend that the Commerce and Finance Ministries file a civil suit against the 21 state officials and employees of private firms for alleged corruption in rice exports deals with two Chinese firms.
The Thai Rice Exporters Association is concerned that rice exports this year may be negatively impacted by the ongoing drought, especially if it intensifies in April and reduces the off-season paddy output by 1-2 million tons.
India
India 5% broken rice is today shown at about $400 per ton, unchanged from a week ago, up about $5 a month ago and down about $20 per ton from a year ago.
According to the government rice exports for 2014-15 (April-March) were around 10.1 million tons, down about 7% from 2013-14, with the decline attributed to lower basmati rice exports.
Rice stocks in the central pool were about 24.88 million tons as of February 1, down about 20% from the same period last year.
The government has decided to sell about 2-3 million tons of excess rice stocks under the Open Market Scale Scheme (OMSS) to bulk buyers and traders through e-auctions.
The government announced plans to restore the duty drawback facility on rice exports after seven years.
The Indian Commerce Ministry reports that in March Iran may lift the ban on rice imports it imposed in November 2014.
Vietnam
Vietnam 5% broken rice is today shown at about $360 per ton, up about $5 per ton from a week ago, down about $20 per ton from a month ago and down about $35 per ton from a year ago.
Exports in 2014 were down about 5% from 2013, reaching about 6.32 million tons of rice, according to USDA.  Most notably, exports to Africa are down about 57% y/y.
The Dong Thap province in the Mekong Delta region has proposed a plan to adopt a policy for paddy stockpiling to curb price falls during the harvest of the winter-spring crop.
Pakistan
Pakistan 5% broken rice is today shown at about $350 per ton, unchanged from a week ago, down about $25 per ton from a month ago and down about $50 per ton from a year ago.
Central & South America
Brazil 5% broken rice is today shown at about $540 per ton, unchanged from a week and a month ago and down about $125 per ton from a year ago.
In January, Brazil exported about 69,913 tons of rice, according to the Rice Institute of Rio Grande do Sul.  Cuba remained the largest importer of its rice with about 53% of total exports going there.
The Brazilian paddy rice index maintained by the Center for Advanced Studies on Applied Economics (CEPEA) reached around 38.07 real per 50 kilograms as of February 09, 2015, down about 1% from around 38.43 real per 50 kilograms recorded on February 02, 2015.  In terms of USD per ton, the index reached around $273 per ton on February 09, 2015, down about 4.8% from around $286.9 per ton recorded on February 02, 2015.
In the first eleven months of 2014, Argentina exported about 499,007 tons of rice, down about 1.25% from the same period in 2013.
Guyana government is aiming to export about 521,000 tons of rice in 2015, up about 4% from exports in 2014.
U.S.
U.S. 4% broken rice is today shown at about $500 per ton, unchanged from a week ago, down about $15 per ton from a month ago and down about $80 per ton from a year ago.
The USDA in its WASDE report forecasts U.S. MY 2014-15 all rice imports will reach 1.04 million tons, unchanged from last year.
The U.S. cash market was soft this weak and didn’t gain much traction as market participants wait to determine whether prices rally or drop.
Chicago rough rice futures dropped throughout the week, reaching a low of $10.150 per cwt (about $224 per ton) on Tuesday before rebounding slightly later in the week to close at $10.550 per cwt (about $233 per ton).  The USDA S&D update didn’t provide support as it was mostly neutral.
Other Markets
Cambodia 5% broken rice is today shown at about $435 per ton, unchanged from a week ago, down about $20 per ton from a month ago and a year ago. Separately, Cambodia exported about 35,921 tons of rice in January 2015, up about 66.8% from the same period last year, but down about 30% from last month, according to the Cambodia Rice Federation. Meanwhile, the European Union’s rice imports from Least Developed Countries (LDCs), such as Cambodia and Myanmar, under the Everything But Arms (EBA) Agreement have increased slightly from last year to about 106,649 tons in the first five months of the crop year 2014-15 (September-August), according to the European Commission.
The state grains purchasing agency in Mauritius has invited tenders to buy up to 6,000 tons of long-grain white rice from optional origins, with tenders due February 18 and delivery between March 31 and July 31.
Rice exporters in Egypt are complaining that they are not able to export high amounts of rice this year due to high export tariffs imposed by the government, and they are concerned about increasing contraband trade.
Paddy rice production in Australia in MY 2014-15 (April-May) is estimated to decline to around 684,000 tons, down about 18% from MY 2013-14, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.
The government of Sri Lanka may not increase the paddy purchase price from the current Rs.50 per kilogram (around $377 per ton).
South Korea is seeking to buy about 44,000 tons of non-glutinous rice in tender for delivery by May 31.  They recently purchased 35,000 tons of non-glutinous rice for delivery between April and June in a tender.
The UN’s FAO reports that 2015 rice production prospects in Madagascar are mixed due to heavy rains in most of the country and dry conditions in the south.
The UN’s FAO estimates Cuba’s 2014 paddy rice production to be about 700,000 tons, up about 4% from 2013.
The USDA Post estimates Bangladesh will import about 700,000 tons of rice in MY 2014-15 (May-April), down about 7% from MY 2013-14.
The National Food Authority of the Philippines is expected to decide on this year’s rice importation volume today (Feb 13).


Italy Considers Modifying Rice Bill

Feb 13, 2015
Description: http://oryza.com/sites/default/files/field/image/150213italyrisotto.jpg
The Italian government is considering to modify the existing bill on the domestic rice market to include new rice varieties, rules on paddy and rice pricing, and percentage of brokens that can be allowed, according to local sources.
The current bill regulating the paddy/rice trade is quite old and dates back to 1958 and does not include many newer rice varieties. Therefore the bill will be modified to include new rice varieties while retaining the traditional ones such as Carnaroli, Arborio, Ribe and others to safeguard the interests of the rice producers as well as consumers. The idea behind this is to help both rice growers and consumers relate and compare the characteristics of new rice varieties with the traditional ones as well as preserve the traditional varieties.
Under the old bill, the government was not permitting to sell any type of rice unless its name is registered with it. However, now the rule would be modified allowing traders to sell mixes of Indica rice even without any name indications.
There are also plans to include about the inclusion of permitted percentage of brokens in the new bill. However, there are differentiated opinions regarding the inclusion of this rule among millers and farmers. 

Cambodian Exporters Target to Double Fragrant Organic Rice Exports in 2015

Feb 13, 2015
Description: http://oryza.com/sites/default/files/field/image/150213cambodiapagodapalace.jpg
Cambodia's state-owned Center for Study and Development in Agriculture (CEDAC) is targeting to nearly double its fragrant organic rice exports to around 1,000 tons in 2015 from around 540 tons exported in 2014 expecting an increasing demand, according to local sources.
Currently, CEDAC exports fragrant organic rice to the U.S. and Hong Kong. But is exploring export opportunities to Arab countries as well. According to the CEDAC's organic rice Export Officer, though the price of organic rice is higher, prices are much stable in the international markets unlike non-organic milled rice prices, which fluctuate frequently, the margins are also much better. He therefore urged the government to encourage organic rice cultivation in the country.
CEDAC collects organic rice from farmers at around 1,650 riel per kilogram (around $407 per ton) compared to around $1,150 per kilogram (around $271 per ton) of non-organic rice.
Another private rice exporter is also understood to be targeting to export 1,500 tons of fragrant organic rice this year, 2,500 tons in 2016 and 4,000 tons in 2017. The CEO of the company told local sources that they have already entered into agreements with farmers' cooperatives to supply organic rice to them for exports. He added that the agreements would benefit farmers to earn better incomes.
Though, currently, organic rice exports account for very small percentage of the country's total rice exports of around 380,000 tons, the exporters are confident of increasing this percentage substantially with the government support.
However, the Senior Advisor to the Cambodia Rice Federation (CRF) noted that since the process involved in the organic rice production is lengthy and tough, many farmers may not be interested in it. He suggested the government could rather focus on high end rice varieties and differentiate their product from their competitors.

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Details of India's Duty Drawback Facility on Rice Exports not Clear

Feb 13, 2015
The government of India has yesterday notified that it would allow duty drawback (DBB) facility on rice exports on brand basis but there are few issues that are not clear in the government's directive.
The facility allows the exporters to claim back the amount of sales and customs taxes paid by them at a flat drawback rate. But the government removed the duty drawback facility in 2008 and since then has been maintaining a "0%" drawback rate for rice. The rate is "0%" even for the 2014-15 financial year (April - March). So, at what rate the facility will be provided to exporters is not specified precisely. According to government regulations, duty drawback facility should not exceed 1% of fob value. In that case, basmati rice exporters would get a maximum benefit of around $10-$12 per ton and non-basmati rice exporters will get a benefit of around $3 - $4 per ton.
The government's idea behind providing the duty drawback facility on only certain brands is to subsidize the exporters' expenses for branding a "made in India" product, says an India-based Grain Analyst. A number of brands exist for basmati rice, most of which are exported. However, it is not clear if the facility is applicable to brands created and registered in overseas markets or brands registered in India only, he says.
On the other hand exporters would want the government to extend the facility to all exports (including basmati and non-basmati) rather than limiting it for certain brands of basmati rice as local taxes are equally applicable to both types.
The government is yet to clearly specify its stance on the above issues related to duty drawback facility on rice exports.

Study Identifies Ecologically Safe and Sustainable Weed Management Strategy Under Aerobic Rice Cultivation System

Feb 13, 2015
Description: http://oryza.com/sites/default/files/field/image/150213weeds.jpg
A report published in the International Journal of Agriculture shows the results of a study on "competitive ability of rice varieties against weeds under aerobic rice production in Malaysia". The study has identified the most competitive rice variety against weeds under aerobic cultivation in Malaysia as means to provide ecologically friendly and environmentally safe weed management system.
Aerobic rice production is said to reduce water use by nearly half compared to the lowland rice production while maintaining adequate moisture in the soil. But rice plants under this system are more susceptible to severe weed infestations compared to those under the transplanted lowland rice system as weeds germinate simultaneously with rice due to absence of water layer to suppress weed growth. Weeds compete with the rice plants for all nutrients and moisture leading to lower rice yield. The study found that weeds may lead to nearly 35% of rice losses under aerobic rice production system than in the transplanted rice system.
Though herbicides are known to control the growth of weeds, their impact on environment is very severe. The authors of the study say reduced use of herbicides is suggestible as they would reduce input costs as well as ensure that weeds do not develop resistance to herbicides. Therefore the a study has been conducted to develop competitive rice cultivars which can provide safe and environmentally means for integrated weed management
The authors of study planned to find most competitive rice cultivars that can potentially suppress weed growth without sacrificing on yield. They conducted glass house and field experiments to evaluate competitive ability of five rice varieties - AERON 1, AERON 4, M9, MR211 and MR220-MCL2 - against weeds under aerobic rice cultivation system in Malaysia. They found that AERON 1, which had taller plant structure  and short growth duration, proved to have lowest weed dry weight and weed density in both glass and field trials and it competed better with weed compared to other varieties with shorter plant and longer growth duration. Authors also found lesser yield loss in this variety.

Oryza Overnight Recap - Chicago Rough Rice Futures Begin the Day Higher as Traders Prepare for Three-Day Weekend

Feb 13, 2015
Chicago rough rice futures for Mar delivery are currently listed 5 cents per cwt (about $1 per ton) higher at $10.380 per cwt (about $229 per ton) during early floor trading in Chicago. The other grains are seen trading higher this morning: soybeans are currently seen about 0.8% higher, wheat is listed about 1.5% higher and corn is currently noted about 0.6% higher.
U.S. stock opened up, following European markets higher on Friday as recent concerns about Ukraine, Greece and energy prices abated. On Sunday, Russia is expected to enter a cease-fire with Ukraine as announced early on Thursday, a move that sent European and U.S. stocks higher. In another mark of stabilization, brent oil gained to trade above $60 a barrel on Friday, while crude oil held close to $53 a barrel. Greek Prime Minister Alexis Tsipras has also agreed to meet with representatives from the European Union (EU), European Central Bank and International Monetary Fund, ahead of Monday's key Eurogroup meeting on debt talks, according to Reuters. The Dow Jones Industrial Average opened up 13.71 points, or 0.08%, to 17,982.43. The S&P 500 opened up 0.85 points, or 0.05%, to 2,089.62, with energy leading gains across half of the 10 sectors as utilities lagged. The Nasdaq opened up 13.83 points, or 0.28%, to 4,870. Gold is currently trading about 0.7% higher, crude oil is seen trading about 3.1% higher,  and the U.S. dollar is currently trading about 0.1% higher at 8:30am Chicago time

Global Rice Quotes
February 13th, 2015
Long grain white rice - high quality
Thailand 100% B grade   415-425                ↔
Vietnam 5% broken        355-365                ↔
India 5% broken               395-405                ↔
Pakistan 5% broken        345-355                ↔
Myanmar 5% broken      415-425                ↔
Cambodia 5% broken     430-440                ↔
U.S. 4% broken                 480-490                ↔
Uruguay 5% broken        NQ         ↔
Argentina 5% broken     NQ         ↔
Long grain white rice - low quality
Thailand 25% broken      365-375                ↔
Vietnam 25% broken      325-335                ↑
Pakistan 25% broken      305-315                ↔
Cambodia 25% broken   410-420                ↔
India 25% broken             360-370                ↔
U.S. 15% broken               470-480                ↔
Long grain parboiled rice
Thailand parboiled 100% stxd     405-415                ↔
Pakistan parboiled 5% broken stxd          390-400                ↑
India parboiled 5% broken stxd                 390-400                ↔
U.S. parboiled 4% broken             555-565                ↔
Brazil parboiled 5% broken          570-580                ↔
Uruguay parboiled 5% broken    NQ         ↔
Long grain fragrant rice
Thailand Hommali 92%   920-930                ↔
Vietnam Jasmine             460-470                ↑
India basmati 2% broken              NQ         ↔
Pakistan basmati 2% broken       NQ         ↔
Cambodia Phka Mails     785-795                ↔
Brokens
Thailand A1 Super            320-330                ↔
Vietnam 100% broken   305-315                ↑
Pakistan 100% broken stxd          275-285                ↔
Cambodia A1 Super        365-375                ↔
India 100% broken stxd                 295-305                ↔
Egypt medium grain brokens      NQ         ↔
U.S. pet food     380-390                ↔
Brazil half grain NQ         ↔


All prices USD per ton, FOB vessel, oryza.com

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