Friday, June 26, 2015

25th June (Thursday), 2015 Daily Global Rice E-Newsletter by Riceplus Magazine

Mekong Delta enjoys bumper summer-autumn rice crops
The Mekong Delta Rice Research Institute has estimated that summer-autumn crops of the region would generate 9 million tonnes of rice this year, up 120,000 tonnes from the same period last year, despite the reduction in cultivated area.


Description: Mekong Delta enjoys bumper summer-autumn rice crops

The Mekong Delta has harvested more than 300,000 hectares of rice to date, representing 18 percent of its rice growing areas.Average yield of the entire region is estimated around 5.45 tonnes per hectare while that of Can Tho, An Giang and Dong Thap provinces reaches 6.3-6.5 tonnes per hectare.The wholesale price for paddy rice is around 5,000-5,400 VND (0.23-0.25 USD) per kilogramme. Farmers earn a profit of 27-38 percent of the price as each kilogramme produced costs them about 3,917 VND (0.18 USD).Mekong Delta provinces have followed a strict schedule of rice farming to avoid drought, flooding and diseases.

Several new cultivation techniques have been spread among local farmers, notably “3 Down, 3 Up” (3 Down: seeds, fertilizers and pesticides; 3 Up: productivity, quality and economic efficiency), and “1 Must, 5 Down” (1 Must: must use of certified rice seeds; 5 Down: decreases in the amount of sowed seeds, in the use of crop protection chemicals, nitrogenous fertilizer and water, and in post-harvest losses).The provinces focused on growing high-quality rice with more than 85 percent of paddy areas while disease control and irrigation works were well-prepared.The farmers were also provided soft loans to purchase agricultural equipment for improved cultivation.
VN
Tags:•   Mekong Delta enjoys bumper summer-autumn rice crops,

http://english.vietnamnet.vn/fms/society/134221/mekong-delta-enjoys-bumper-summer-autumn-rice-crops.html

Thai rice supply to M'sia not affected despite drought
Business Desk
The Star
Publication Date : 25-06-2015
 The ongoing drought in Thailand will not affect Malaysia’s supply of imported rice.Agriculture and Agro-based Industry Deputy Minister Tajuddin Abdul Rahman said his ministry, which was monitoring the situation in Thailand, was prepared to ensure it would not affect the country’s stockpile.“However, if the drought does affect our supply, we can direct Padiberas Nasional Bhd (Bernas) to look for other sources including from other Asean countries.“So far, there is no issue of supply problem,” he said yesterday.
Malaysia imports about one million tonnes of rice yearly, of which between 80 per cent and 90 per cent come from Thailand. Malaysians are estimated to consume about 2.702 billion tonnes of rice per year with Bernas importing about 30 per cent to 40 per cent the demand.Following the rice crisis of 2008, the government had increased the national stockpile level from 92,000 metric tonnes to 292,000 metric tonnes at any one time.Thailand is currently battling drought in eight of 76 provinces, but 31 other provinces are faced with the risk of drought, Thailand’s Interior Ministry said.

The ongoing drought will cut major rice exporter Thailand’s 2015 off-season crop by over 30 per cent, according to the latest report from Thailand’s Office of Agricultural Economics.Tajuddin said Thailand government representatives attending Asean’s Food and Agriculture Business Environment in post-2015 meeting in Hanoi had given their assurance to the ministry that they were committed to fulfilling the demand from Malaysia.
He also gave an assurance that Bernas had committed to a long-term deal with Thailand’s rice suppliers who must meet all the conditions agreed upon.“I am sure when they entered the agreement, they will have considered the best terms, including pricing, quality, safety and delivery,” said Tajuddin.“They have to make sure that there will be no hiccup in terms of transportation and distribution.“This is because the supply of rice is critical to the people of the country,” he added.

http://www.asianewsnet.net/Thai-rice-supply-to-Msia-not-affected-despite-drou-77082.html

Basmati rice exporters in a fix over falling prices

Future looks tense as export deal with Iran delayed, international prices also low
Dilip Kumar Jha  |  Mumbai  
June 25, 2015 Last Updated at 22:34 IST

Description: http://bsmedia.business-standard.com/_media/bs/img/article/2014-05/21/full/1400690867-0792.jpgBasmati rice exporters are worried at a sudden fall in realisation in the wake of a supply glut.Data compiled by the Agricultural and Processed Food Products Export Development Authority show a decline in export by a marginal 1.5 per cent in volume terms to 3.7 million tonnes in 2014-15, as compared to 3.76 mt the previous year. In value terms, however, the fall was 7.5 per cent, showing a five per cent fall in average realisation.
“Iran has purchased a lesser quantity in the past 18 months, largely for political reasons.

If demand picks up and the price firms up, we can grab some market share from Pakistan,” said Gurnam Arora, joint managing director, Kohinoor Foods.The Saudi Arabia and Europe markets did reasonably well. Saudi Arabia took over from Iran as India’s largest destination for basmati rice export in 2014-15. It imported 966,931 tonnes worth $1,188 million, as compared to 826,289 tonnes valued at $1,109 mn in 2013-14.


Description: http://bsmedia.business-standard.com/_media/bs/img/article/2015-06/26/full/1435265036-0705.jpgShipment to Iran declined 39 per cent in value terms, to $1,108 mn (935,568 tonnes) in 2014-15 versus $1,835 mn (14,40,654 tonnes) the previous year.“The government of Iran takes a rice import decision based on the current paddy crop. Since September is the normal harvesting season, any decision on bilateral rice import will be taken only around that time. Normally, they reduce customs duty on import from the Most Favoured Nation. So, we will have to wait a couple of months for any purchase agreement to get signed with India,” said Ajai Sahai, Director General, Federation of Indian Export Organisations.

A deal with Iran was expected to get signed in April but didn't happen. Currently, only a few exporters are interested in shipping to Iran, due to uncertainty over special treatment for Indian exporters.“Global prices of rice have declined to the level of 2008. Emergence of some competitors has also lowered basmati rice demand from India’s perennial importers. Third, importing countries are holding Indian rice imported earlier and are now disposing that inventory instead of ordering new quantities,” Sahai added.Meanwhile, the United States also lowered its basmati rice purchase during the last financial year. After importing 103,378 tonnes worth $143.88 million in 2013-14, total basmati rice exports to the United States fell to 80 540 tonnes valued $132.30 million in 2014-15.

"Basmati rice exporters are bleeding due to high cost of processing and low realisation. Cost of paddy procurement for 1121 variety of basmati rice stood at Rs 40,000 a tonne. On processing, basmati rice manufacturing cost works out to Rs 70,000 a tonne. Further incurring cost on exports should yield at least $1800 a tonne," said M P Jindal, President, All India Rice Exporters' Association.So, the industry incurred a loss of around 30% during the financial year 2014-15 after similar loss witnessed in the previous year. Two consecutive years' loss has threatened existence of many basmati rice exporters. Jindal urged the government to protect interest of India's basmati rice exporters through some export subsidy.

http://www.business-standard.com/article/markets/basmati-rice-exporters-in-a-fix-over-falling-prices-115062500844_1.html

APEDA (India) News
Price on: 24-06-2015
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
5975
2
Turkish No. 4 whole pitted, CIF UK (USD/t)
5375
3
Turkish size 8, CIF UK (USD/t)
4375
Raisins
1
Californian Thompson seedless raisins, CIF UK (USD/t)
2682
2
South African Thompson seedless raisins, CIF UK (USD/t)
2286
Sultanas
1
Australian 5 Crown, CIF UK (USD/t)
3037 
2
Iranian natural sultanas (Gouchan), CIF UK (USD/t)
1873
3
Turkish No 9 standard, FOB Izmir (USD/t)
2150
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 24-06-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Barley (Jau)
1
Dahod (Gujarat)
Other
1200
1250
2
Guna (Madhya Pradesh)
Other
1150
1150
3
Deoli (Rajasthan)
Other
1050
1130
Maize
1
Dhing (Assam)
Other
1320
1500
2
Meghraj (Gujarat)
Other
1300
1400
3
Khanna (Punjab)
Other
1000
1130
Pine Apple
1
Chala (Kerala)
Other
3200
3250
2
Shillong (Meghalaya)
Other
2000
2200
3
Ropar (Punjab)
Other
2400
2800
Carrot
1
Mannar (Kerala)
Other
2500
2700
2
Bonai (Orissa)
Other
2000
3000
3
Kamthi (Maharashtra)
Other
2600
3000
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 24-06-2015
Product
Market Center
Price
1
Ahmedabad
397
2
Chittoor
440
3
Hyderabad
390
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 24-06-2015
Product
Market Center
Origin
Variety
Low
High
Potatoes
Package: 50 lb cartons
1
Atlanta
Colorado
Russet
20
23.50
2
Baltimore
Idaho
Russet
16
19
3
Detroit
Wisconsin
Russet
19
19.50
Cauliflower
Package: cartons film wrapped
1
Atlanta
California
White
23.50
23.50
2
Baltimore
Mexico
 White
23
23
3
Miami
California
White
19.50
20
Grapes
Package: 18 lb containers bagged
1
Atlanta
Mexico
Red Globe
21.50
23.50
2
Dallas
Peru
Red Globe
28
28
3
Detroit
Mexico
Red Globe
24
26
Source:USDA




Arsenic in Rice: What You Need to Know


By Rick Ansorge   |   Wednesday, 24 Jun 2015 06:05 PM

Now that millions of Americans are avoiding gluten in wheat products, they’re increasingly turning to rice products, which are free of the protein that causes digestive stress in some people. What they may not know is that rice contains shocking amounts of one of the world’s most insidious toxins: arsenic.Arsenic is found naturally in soil and water. Most food crops don’t readily absorb much of it. But rice is an exception. It has a natural tendency to take in and concentrate environmental arsenic.

Arsenic is a lethal poison, and even a miniscule amount can have dire consequences. “It is concerning for long-term health effects,” says Michael Crupain, M.D., director of Consumer Reports’ Food Safety and Sustainability Center.“There’s strong evidence that arsenic causes lung and bladder cancer,” Dr. Crupain tells Newsmax Health. “It’s also implicated in causing other cancers such as skin cancer.”

Dr. Crupain and his colleagues did comprehensive tests of arsenic in rice and compiled previous findings. They found wide variations in arsenic content, and concluded that these differences largely depend on the type of rice and where it is grown.
 Here are six things you need to know about arsenic in rice: 

1. White basmati and sushi rice contain the least arsenic.
 

White basmati rice from California, India, and Pakistan — and sushi rice from any country — are the healthiest choices.
 They contain only about half as much arsenic per serving as most other types of rice. If these were the only rice products consumed in a household, an adult could safely eat up to 4½ servings (¼ cup uncooked) per week while a child could safely eat up to 2¾ servings per week, according to Consumer Reports.
“When we looked at basmati rice that comes from the south central U.S., which is sometimes called Texmati rice, we didn’t see that it had the same statistically significant lower levels of inorganic arsenic,” says Dr. Crupain. White basmati rice from California, India, and Pakistan contains about 50 percent less arsenic as white basmati rice from Texas, Arkansas, and Louisiana. Overall, any type of white rice from California contains about 38 percent less arsenic than any other white rice.

3. Brown rice contains the most arsenic.
 

On average, brown rice contains 80 percent more arsenic than does white rice of the same type.
 That’s because arsenic accumulates in the grain’s brown outer layer, which is removed to make white rice. Because brown rice contains more nutrients than white rice, however, experts don’t recommend completely avoiding it. Brown basmati rice from California, India, or Pakistan is your best brown rice bet.


4. Some rice products are awash in arsenic.
 

One serving of hot rice cereal (¼ cup uncooked) and one serving of rice pasta (2 ounces uncooked) are loaded with arsenic.
 Just a single serving of either food accounts for about half of the recommended weekly maximum amount of rice for adults. 

5. Other grains contain only minimal amounts of arsenic.
 

Compared to rice, other gluten-free grains such as amaranth, quinoa, buckwheat, millet, and polenta (or grits) contain lower levels of arsenic. So do gluten-containing grains such as bulgur, barley, and farro.

6. Cook rice like pasta to reduce arsenic.
 

Studies suggest that you can remove 30–50 percent of the arsenic in rice by cooking it like pasta. Thoroughly rinse raw rice before cooking, boil it in a mixture of six cups of water to every one cup of rice, and then drain the excess water.In general, brown rice holds up to this traditionally Asian cooking method better than white rice. But you still may be able to remove a significant amount of arsenic from white rice if you carefully rinse it before cooking it in the traditional American manner.
The full version of this article appeared in Health Radar newsletter. To read more, clickhere.

Importers of rice, cement to stop accessing Forex from banks – CBN


By Daily Post Staff on June 25, 2015
The Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no longer access Foreign Exchange from CBN, Banks and Bureau De change for such importation.The CBN Governor, Mr Godwin Emefiele, who disclosed this at a news conference on Wednesday in Abuja, said the measure would prevent further depletion of the country’s foreign reserve.He said the country was spending huge amount to import things that could be produced locally.Emefiele said the apex bank would not continue to support the importation of such items through the use of the hard earned foreign exchange.Some of the products include margarine, palm kernel, palm oil products, meat and processed meat products, vegetables, private airplanes and jets, Indian incense, tinned fish, galvanised steel sheet, roofing sheet and furniture.“Importers who may want to continue importing these goods would have to sort their foreign exchange from their own private sources.

“The CBN will continue to be vigilant around this policy, keep reviewing the list of items as it becomes comfortable that these items can be produced locally if we apply ourselves sufficiently.“This policy change is in line with the believe that Nigeria cannot attain its true potentials by simply importing everything into the country.“We have to decide what we really want for our country and I believe that the time is now for that deep and honest conversation,’’ he said.He said in spite of relative positive GDP growth over the past seven years, there was no corresponding reduction in unemployment and poverty.

He said bank’s analyses of the situation had compelled it to put to a stop forex access to some of these goods to encourage local production and consumption for economic development.He also said that the Federal Government was spending about N1.3 trillion on the average annually to import rice, fish, sugar and wheat.“Why should we continue importing rice into Nigeria when vast amount of paddy rice produced by local farmers across rice belts are being wasted and ignored.“What will it take for these importers to stop importation and go into processing this locally produced rice.“Why are they not utilising large expands of arable lands for cultivation instead of importing rice into the country,’’ he said.Emefiele said that Nigeria had been creating jobs for other countries, while importing rice into the country.

He said it was unfortunate that sardines, tooth picks, among others, were imported into the country.Emefele said the apex bank had no power to ban the importation of the items, but noted that it would work hard to ensure support for local production.He said local production would reduce poverty, unemployment and pressure on the reserve.“I believe that the current situation we found ourselves affords us a unique opportunity to embrace self sufficiency in Nigeria.“We should also reduce our appetite for everything and anything foreign, conserve reserve and create jobs at home for our people.“With full complement of the bank management, we would continue to look for areas which the bank can play a catalytic financial role to achieve the goal in the near future,’’ he said.On lifting of ban on importation of textiles and furniture by the Nigeria Customs, he said CBN would not provide foreign exchange for people that would want to import such products. (NAN)

http://dailypost.ng/2015/06/25/importers-of-rice-cement-to-stop-accessing-forex-from-banks-cbn/

Danger: Plastic Rice from China hits African Market

Jun 24, 2015
“Plastic rice made by mixing potatoes, sweet potatoes and Chinese polymer (plastic) is similar to natural rice and can hardly be differentiated by mere look”, reports Oryza.com, a leading hub for global rice news, research, and analysis.This type of plastic rice is said to be causing gastritis and other stomach related diseases and experts say it is becoming an alarming situation these days.The same biotechnology system is used in producing some brands of pasta and other “noodle-like” foods we crave for and the earlier this is checked, the better for humanity’s existence.

This type of rice, investigations have proven are sold in China, India, Nepal and Singapore. But fears are the “plastic product” is in Africa, the largest consumer of Chinese products.Consumers of the plastic rice in Kerala, Southern India stated that the plastic rice is undetectable because they are mixed with the normal farm rice from China. However, when cooked, it remains hard and forms a plastic sheath on the surface. This sheath, when burned with fire, burns exactly like plastic.Experts say there is no scientific rice testing method developed yet detect this artificial rice from the original farm one at the points of entry into countries except the “sheath burning method”. Scientists are therefore being called upon all over the world to help avert this cancerous agenda being embarked on by some industry players to cause disease and death on mass scale.

GHANA
Coming to Ghana, Spy News Agency is calling on the Food and Drugs Authority (FDA) to begin checking samples of rice on the market, especially those from China and also to educate importers on the dangers of importing unwholesome food substances into the country.

THE WAY FORWARD
Local rice production should be boosted by injecting capital into the sector. In extension, this should be done for the entire agricultural sector so as to make Ghanaians eat healthy and wholesome foods.

Source: Emmanuel Tsedey , Spy News Agency
http://www.spyghana.com/danger-plastic-rice-from-china-hits-african-market/

Transfer of 0.5 acre of land belonging to the Central Rice Research Institute, Cuttack to set-up a police station


Capital Market  
June 25, 2015 Last Updated at 10:35 IST

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, gave its approval for the proposal of the Indian Council of Agricultural Research to transfer 0.5 acre of land belonging to the Central Rice Research Institute (CRRI),Cuttack to the Police Department, Government of Odisha on lease basis for a period of 33 years for establishment of a police station at Cuttack.Background:

Description: riceA police outpost has been functioning inside the campus of the CRRI, Cuttack since 1982. The Government of Odisha has notified upgradation of this police outpost to that of a police station. The proposed land, after transfer, will be used for construction, establishment and operation of the police station. The new police station will be accessible from the Cuttack-Paradeep road. Establishment of this station at Cuttack, adjacent to the CRRI, would strengthen the security of the Institute and its employees; and would also be beneficial to the people living in the area.

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http://www.business-standard.com/article/news-cm/transfer-of-0-5-acre-of-land-belonging-to-the-central-rice-research-institute-cuttack-to-set-up-a-police-station-115062500309_1.html

Arsenic Shield for Rice


Microbe mobilizes 'iron shield' to block arsenic uptake in rice.
By Tracey Bryant 
Clumps of bacteria (soil microbe EA106) and iron plaque begin forming on the roots of a rice plant. This "iron shield" blunts the uptake of arsenic.

IMAGE BY VENKATACHALAM LAKSHMANAN AND DEEPAK SHANTHARAJ TAKEN WITH THE SCANNING ELECTRON MICROSCOPE (SEM), UD BIOIMAGING CENTER

Description: clumps of bacteria
University of Delawareresearchers have discovered a soil microbe that mobilizes an “iron shield” to block the uptake of toxic arsenic in rice. Arsenic occurs naturally in rocks and soils, air and water, plants and animals. It’s used in a variety of industrial products and practices, from wood preservatives, pesticides and fertilizers, to copper smelting.
 Chronic exposure to arsenic has been linked to cancer, heart disease and diabetes.The UD finding gives hope that a natural, low-cost solution — a probiotic for rice plants — may be in sight to protect this global food source from accumulating harmful levels of one of the deadliest poisons on the planet. Rice currently is a staple in the diet of more than half the world’s population. Harsh Bais, associate professor of plant and soil sciences, led the UD team that conducted the study, which is reported in the international journal Planta. The work was supported by the National Science Foundation. His co-authors include professors Angelia Seyfferth and Janine Sherrier and postdoctoral researchers Venkatachalam Lakshmanan, Gang Li and Deepak Shantharaj, all in the Department of Plant and Soil Sciences.

The soil microbe the team identified is named “EA106” for UD alumna Emily Alff, who isolated the strain when she was a graduate student in Bais’ lab. The microbe was found among the roots of a North American variety of rice grown commercially in California. It belongs to a group of gram-negative, rod-shaped bacteria called the Pantoea, which form yellowish mucus-like colonies. Because rice is grown underwater — often in water contaminated with arsenic in such hot spots as Bangladesh, India and China — it takes in 10 times more arsenic than do other cereal grains, such as wheat and oats. As rice plants absorb phosphate, a nutrient needed for growth, they also take up arsenic, which has a similar chemical structure.“This particular microbe, EA106, is good at mobilizing iron, which competes with the arsenic, effectively blocking arsenic’s pathway,” Bais explains.

“An iron plaque forms on the surface of the roots that does not allow arsenic to go up into the rice plant.” The researchers conducted the study with hundreds of rice plants — some grown in soil, others grown hydroponically — in UD’s Fischer Greenhouse. Inoculations with EA106 improved the uptake of iron at the plant roots, while reducing the accumulation of toxic arsenic in the plant shoots.While the results are promising, Bais says the next steps in the research will determine if a natural solution to this serious issue is at hand.  “We’re not all the way to the grain level yet. We are working on that now, to see if EA106 prevents arsenic accumulation in the grain.

That is the ultimate test,” Bais says.If the next phase of the research shows success, Bais says inexpensive technologies (think even a cement mixer) exist for coating rice seeds with beneficial bacteria. He also sees an added plus — fortifying rice plants with iron would not only reduce arsenic, but also increase the grain’s iron content as a nutritional benefit. “I grew up very near to a rice field in India, so I have a different interest in this problem,” Bais says. “Basically, these small farmers don’t have much to feed their families. They grow rice on small plots of land with soil and water contaminated with arsenic, a poison.

The work we are doing is important for them, and to the global security of rice.” In related research, Bais wants to assess the performance of plants inoculated with EA106 when they face multiple stresses, from both arsenic and from rice blast, a fungus that kills an estimated 30 percent of the world’s rice crop each year. Bais’ group previously isolated a natural bacterium from rice paddy soil that blunts the rice blast fungus. His group is evaluating how a natural alliance between benign microbes and rice can strengthen the plant’s disease resistance. Both plant threats face rice farmers near his parents’ home in India. Bais plans to start field tests there when he visits with family this summer. “The whole world is waking up to biologicals,” Bais says. “It’s an exciting time for researchers in this area.”

http://www.labmanager.com/news/2015/06/arsenic-shield-for-rice?fw1pk=2#.VY0fI_lViko
Trade Promotion Authority Bill Lands on Obama's Desk     
 Thumbs up on TPA
WASHINGTON, DC -- Yesterday, the U.S. Senate voted to approve a stand-alone version of Trade Promotion Authority (TPA) that was approved by the House last week.  The heavily Republican-favored bill passed with the help of 13 Democrats and is currently awaiting the President's signature to formally become law. The passage of the TPA legislation will allow the President to negotiate trade agreements and present them to Congress for strictly an up or down vote without the amendment process.  The Trans Pacific Partnership (TPP) is now ready to be formally negotiated before it's presented to Congress later this fall."Passage of TPA allows for potential new trade deals that expand overseas access for U.S. rice, hopefully growing our export market," said USA Rice President & CEO Betsy Ward. "Challenges remain, however, and the final push to complete the TPP negotiations is expected to begin shortly."

Contact:  Bob Cummings (703) 236-1473

Senate Hearing on Possible COOL Retaliation      
 WASHINGTON, DC -- This morning, the Senate Agriculture, Nutrition, and Forestry Committee held a hearing entitled "Country of Origin Labeling [COOL] and Trade Retaliation," to explore how the COOL rule effects U.S. producers, businesses, and consumers.In May, the World Trade Organization (WTO) determined that the COOL rule, which requires labeling of country of origin on muscle cuts of meat, violates international trade rules and has damaged Canada and Mexico's meat and livestock industries.  Earlier this month, Canada applied to the WTO to enforce retaliation against the U.S. by imposing a tariff on U.S. goods, to the tune of over $2 billion.  A list of goods Canada plans to retaliate against includes rice, and Mexico is said to be considering a similar list when they apply to retaliate.

On June 10, the House passed a bipartisan bill to repeal the violating portions of COOL, and today's hearing, initiated by Chairman Pat Roberts (R-KS), addressed the impact of these retaliation measures, and encouraged the Senate to act.Roberts kicked off the hearing with a blunt assessment of the situation, saying:  "The fact is, retaliation is coming, and we have to face it... the Senate must act prior to the WTO's ruling on retaliation."Changing mandatory labeling to a voluntary measure was supported by the U.S. Cattlemen's Association and a few Committee members, though a majority of the witnesses were focused on avoiding retaliation as opposed to commenting on the rule itself or proposing a new policy.
 As a member of the COOL Reform Coalition, USA Rice shares this position, and encourages the Senate to pass a bill to prevent the $3 billion retaliation that Mexico and Canada could enforce in tariffs against U.S goods."The U.S. has run out of appeals at the WTO," said USA Rice President & CEO Betsy Ward.  "It's time to bring COOL into compliance with our WTO obligations and lift the threat of retaliation from the heads of rice farmers and exporters."
 Contact:  Kristen Dayton (703) 236-1464
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for June 25
Month
Price
Net Change

July 2015
$10.045
- $0.080
September 2015
$10.325
- $0.075
November 2015
$10.595
- $0.080
January 2016
$10.860
- $0.075
March 2016
$11.065
- $0.075
May 2016
$11.065
- $0.075
July 2016
$11.065
- $0.075


Weekly Rice Sales, Exports Reported       
WASHINGTON, DC -- Net rice sales of 131,300 MT for 2014/2015 were up noticeably from the previous week and from the prior four-week average, according to today's Export Sales Highlights report. Increases were reported for unknown destinations (64,300 MT), Haiti (20,300 MT), Mexico (17,500 MT), Saudi Arabia (8,500 MT), and Jordan (6,000 MT). Net sales of 3,000 MT for 2015/2016 were reported for unknown destinations. Exports of 68,100 MT were up 27 percent from the previous week, but down 2 percent from the prior four-week average. The primary destinations were Japan (12,000 MT), Mexico (11,300 MT), Haiti (10,300 MT), Panama (10,200 MT), and Colombia (10,000 MT).This summary is based on reports from exporters from the period June 12-18, 2015.

Ministry to auction 1.4m tonnes of rice in July

25 Jun 2015 at 14:36 866 viewed0 comments

Workers check on the rice stocks kept at a warehouse in Pathum Thani. (Bangkok Post photo)
Description: Description: C:\Users\RPM\Downloads\Ministry to auction 1.4m tonnes of rice in July _ Bangkok Post_ business_files\c1_604048_620x413.jpg

The Commerce Ministry plans to auction another 1.4 million tonnes of rice on July 7, the Foreign Trade Department said on Thursday.Director-general Duangporn Rodphaya said the fourth auction this year will offer 1.395 million tonnes of both fragrant and white rice in different grades. It had been kept in warehouses under the Public Warehouse Organisation and the Market Organisation for Farmers.The department will explain auction criteria to potential bidders on Friday and begin accepting bidder applications July 6.Qualified bidders will be announced and bidding prices to be submitted on July 7.The ministry has sold 2.94 million tonnes of rice since last year's coup for 30.2 billion baht.Since Gen Prayut Chan-o-cha took over, the Commerce Ministry has held seven auction to speed the disposal of 18 million tonnes of state rice stocks accumulated under the previous government's rice-pledging programme.          Bangkok Post

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

26th June (Friday), Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Global Rice Quotes
June 26th, 2015
Long grain white rice - high quality
Thailand 100% B grade 375-385
Vietnam 5% broken 345-355
India 5% broken 385-395
Pakistan 5% broken 375-385
Myanmar 5% broken 415-425
Cambodia 5% broken NQ
U.S. 4% broken 450-460
Uruguay 5% broken 565-575
Argentina 5% broken 555-565

Long grain white rice - low quality
Thailand 25% broken 345-355
Vietnam 25% broken 325-335
Pakistan 25% broken 335-345
Cambodia 25% broken NQ
India 25% broken 350-360
U.S. 15% broken 440-450

Long grain parboiled rice
Thailand parboiled 100% stxd 365-375
Pakistan parboiled 5% broken stxd 395-405
India parboiled 5% broken stxd 365-375
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% 815-825
Vietnam Jasmine 480-490
India basmati 2% broken NQ
Pakistan basmati 2% broken NQ
Cambodia Phka Mails NQ

Brokens
Thailand A1 Super 315-325
Vietnam 100% broken 310-320
Pakistan 100% broken stxd 285-305
Cambodia A1 Super NQ
India 100% broken stxd 280-290
Egypt medium grain brokens NQ
U.S. pet food 350-360
Brazil half grain NQ

All prices USD per ton, FOB vessel, oryza.com
EU Basmati Rice Imports Decline Sharply During September 1, 2014 - June 18, 2015
Jun 25, 2015

Basmati rice imports by the European Union (EU) nations declined to around 223,549 tons during September 1, 2014 - June 18, 2015, down about 27% from around 305,469 tons imported during the same period last year.Netherlands remains the largest buyer of basmati rice with 45,783 tons (about 20% of total basmati imports during the stated period) followed by the U.K with 38,307 tons (about 17% of total basmati imports during the period). Basmati rice imports by the other EU nations during September 1, 2014 - June 18, 2-015 is as follows:
Belgium (37,126 tons; 16.6%); France (35,484 tons; 15.8%); Italy (25,385 tons; 11.3%) and Spain (24,813 tons; 11%).
While basmati rice imports by the Netherlands increased about 17% from around 39,249 tons last year, those by the U.K declined about 68% from around 121,429 tons last year.The EU imported around 119,894 tons of basmati rice from India and around 103,635 tons from Pakistan during the September 1, 2014 - June 18, 2015. The EU's basmati rice imports from India have been declining while those from Pakistan have been steadily increasing since the crop year 2012-13 (September - August).
Nigerian Central Bank Stops Dollar Access for Rice Importers as Reserves Drop
Jun 25, 2015
The Central Bank of Nigeria (CBN) has stopped the sale of U.S. dollars to importers of 40 items, including rice, cement, private jets, steel products, plastics and rubber, soap, cosmetics, furniture and Indian incense, as part of efforts to protect the foreign reserves, which have declined significantly, and to reduce pressure on the naira, according to Reuters.The CBN Governor told reporters that the policy has been initiated as the country was spending huge amount to import things such as rice that could be grown locally. He made it clear that the CBN would not support the importation of such items. However, “importers who may want to continue importing these goods would have to sort their foreign exchange from their own private sources," he said.
He reminded that vast amount of paddy produced locally is being wasted due to imports. He urged the rice producers to utilize large expands of arable lands to grow rice and thereby contribute to the development of the economy. He added that by importing rice they are helping other countries to prosper. He stressed that the local production would reduce poverty, unemployment and pressure on the reserve.However, analysts noted that move reflected the CBN's reluctance to devalue naira and it might risk shifting the dollar demand to the black market.Last week, the CBN officials met the Chief Executives and Treasurers from leading commercial banks in the country to discuss ways to make naira more liquid. The CBN was reportedly suggested to adopt a free-float regime or to increase interest rates on off-shore bonds to attract foreign buyers.
In January this year, the CBN governor told reporters that increasing imports of several items, including rice, were putting a downward pressure on the country's currency. He hinted about stopping foreign currency to support for the importation of rice and other commodities, which can be grown in Nigeria locally in order to reduce downward pressure on the Naira.The Nigerian currency depreciated by about 26% to around N196.4/USD from around N155.2/USD during in January 2014, according to data from the CBN.Nigeria has been a net importer of rice and imports over 50% of its annual rice consumption needs. USDA estimates the country to produce 2.83 million tons of milled rice in the MY 2014-15 (October 2014 - September 2014) and import about 4 million tons. The country's consumption needs during the year are estimated at around 6.4 million tons.
Thailand Drought Won't Impact Rice Supplies to Malaysia, Says Junior Minister
Jun 25, 2015

A likely reduction in the paddy output from the 2015 main rice crop in Thailand due to the ongoing drought will not affect shipments to Malaysia, local sources quoted the Agriculture and Agro-based Industry Deputy Minister.He noted that the Bernas had committed to a long-term deal with Thailand’s rice suppliers who must meet all the conditions agreed upon and Thailand government also gave assurance to uninterrupted rice supplies to Malaysia.“So far, there is no issue of supply problem,” he said adding that if supplies to Malaysia are impacted, the Ministry would seek support from the Padiberas Nasional Bhd (Bernas), which is expected to other sources from the ASEAN countries.
Malaysia produces about 64% of rice needed for annual consumption of about 2.8 million tons and imports about one million tons of rice annually. Thailand accounts for about 80% to 90% of them.USDA estimates Malaysia to produce about 1.8 million tons of milled rice and import about one million tons of rice in MY 2014-15 (January 2015 - December 2015).
Oryza Afternoon Recap - Chicago Rough Rice Futures Pull Back Slightly despite Rally in Grains and Impressive Export Sales
Jun 25, 2015
Chicago rough rice futures for Sep delivery settled 7.5 cent per cwt (about $2 per ton) lower at $10.325 per cwt (about $228 per ton). The other grains turned higher once again today; Soybeans closed about 1.9% higher at $10.0025 per bushel; wheat finished about 2.7% higher at $5.3200 per bushel, and corn finished the day about 2.7% higher at $3.7650 per bushel.U.S. stocks traded in a narrow range on Thursday, giving back most of their initial gains, as investors eyed ongoing negotiations between Greece and its creditors. Both the Dow Jones industrial average and the S&P 500 indexes briefly turned negative soon after the open, while the Nasdaq Composite remained mildly higher amid reports that the meeting between Greece and its creditors was halted "indefinitely.
" The Nasdaq Composite briefly dipped into negative territory in afternoon trade. The news comes a day after a Wednesday meeting between all parties ended without a resolution, pressuring U.S. stocks to close lower. The country's creditors rejected Athens' proposed plan to end its financial crisis before submitting counterproposals. Investors also watched U.S. economic data. Weekly jobless claims came in at 271,000, slightly below analysts’ expectations. U.S. consumer spending rose 0.9% for the month of May, its largest gain in nearly six years while personal income increased 0.5% last month. The Dow Jones Industrial Average traded 4 points lower, or 0.03%, at 17,961.
The S&P 500 traded up 0.56 points, or 0.03%, at 2,109, with telecommunications leading six sectors higher and energy the greatest decliner. The Nasdaq traded up 1.20 points, or 0.02%, at 5,123. Gold is trading about 0.1% lower, crude oil is seen trading about 0.9% lower, and the U.S. dollar is seen trading at about 0.1% lower at about  1:00pm Chicago time.Wednesday, there were 1,738 contracts traded, up from 1,491 contracts traded on Tuesday. Open interest – the number of contracts outstanding – on Wednesday increased by 206 contracts to 9,816.
Oryza Global Weather Outlook
Jun 25, 2015
In China, heavy rain is expected across south-eastern Yunnan, western and southern coast of Guangxi, southern Guangdong, northern Chongqing, eastern Hubei, central-northern Anhui, central-northern Jiangsu, southern Shandong and south-western Tibet from Thursday to Saturday.
Heavy rain is expected in some parts of Central, Eastern and Southern Thailand During June 25-29. Elsewhere light rain is expected during the period.
Scattered showers are expected  across Vietnam on Thursday and Friday.
Heavy rain is expected in many parts India during the next three days.
Mainly hot weather is expected across most parts of Pakistan during today and tomorrow. However light rain is expected at few places of Kashmir and its hilly adjoining areas.
In Bangladesh,  light rain is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Khulna, Barisal, Chittagong & Sylhet divisions with moderately heavy to very heavy falls at places over country.
In the U.S., rains are expected across central Plains on Thursday and Friday. A few showers are also expected in the Southeast U.S. on Thursday and Friday. Overall, 68 % of the rice was reported in good to excellent condition, down slightly from last week but equal to the same time last year.
Oryza U.S. Rough Rice Recap – Prices Hold Mostly Steady as Export Sales Support Market
Jun 25, 2015
The U.S. cash market was mostly unchanged today after yesterday’s considerable jump that was seen in the futures market as well as in the cash market.Analysts note that increases in export sales were helpful in supporting today’s prices however they insist we will need to see more numbers like today’s if this price increase can be sustainable.
Today the USDA reported that cumulative net export sales for the week ending on June 18, totaled 131,300 tons, which was considerably higher than last week and the prior 4-week average.
Increases were reported for the following destinations including: 64,300 tons to unknown destinations, 20,300 tons to Haiti, 17,500 tons to Mexico, and 8,500 tons to Jordan. Net sales of 3,000 tons for 2015/2016 were reported for unknown destinations.U.S. rice exporters shipped 68,100 tons, which was 27% higher than last week but 2% lower than the prior 4-week average. The primary destinations included:  12,000 tons to Japan, 11,300 tons to Mexico, 10,300 tons to Haiti, 10,200 tons to Panama, and 10,000 tons to Colombia

Philippines Hopes to Achieve Rice Sufficiency with NextGen Varieties
Jun 25, 2015
The Philippines Rice Research Institute (PhilRice) under the Department of Agriculture (DA) and the International Rice Research Institute (IRRI) are developing rice varieties that can withstand adverse weather conditions as well as are resistant to pests and diseases as part of a collaborative project called "Accelerating the development and adoption of next-generation (NextGen) rice varieties for major ecosystems in the Philippines", according to a news release in the PhilRice website.
The project, which is part of the government's Food Staples Sufficiency Program (FSSP), aims to increase yields by more than 5% compared to earlier varieties using marker-assisted breeding and selection, multi-location testing, increased breeder/foundation seed production and dissemination.Normally, it takes 6 years of breeding work, 3 years of testing and 2 years of commercial seed production before a new variety is distributed to farmers. But "the project aims to shorten the breeding time to produce new varieties faster and make them accessible to rice farmers,” a senior research fellow at the PhilRice was quoted as saying.
Multi-location trials are carried out in all major irrigated and rain fed rice-growing regions in the country under the supervision of DA-Regional Field Officers and state colleges and universities, according to the news release. On the other hand, adaption trials are carried out in farmer-partners’ fields to help farmers understand how the new varieties perform in their fields.As of 2014 the project has nominated 766 strains, including 206 PhilRice strains, 488 IRRI strains and 72 green super rice (GSR) varieties, for multi-location environment testing (MET). Also, more than 2,000 varieties were screened for submergence, 12,000 for salinity, and 80 varieties for drought in 2014.The Rice Technical Working Group (RTWG) approved 24 new inbreds and hybrids developed by the project.
Pulses, Oilseeds to Share Rice Funds Under BGREI Scheme in India
Jun 25, 2015

The government of India is considering to increase production of oilseeds and pulses in the eastern states of West Bengal, Odisha, Bihar, Jharkhand, Chhattisgarh, eastern UP and Assam, which are covered under the Bringing Green Revolution to Eastern India (BGREI) scheme, to reduce dependence on imports, according to the Economic Times.The government is reportedly planning to include pulses and oilseed in the BGREI scheme and fund their cultivation. Currently, only paddy and wheat are covered under the BGREI scheme.
The Director of the Central Rice Research Institute (CRRI) told reporters that the government may redistribute funds under the BGREI scheme for growing oilseeds and pulses. He noted that oilseed and pulses will be grown after the harvesting of paddy and wheat. "Not the entire area under paddy and wheat cultivation will be used for pulses and oilseeds cropping — a portion of it will be used," he was quoted as saying.The BGREI had helped to increase paddy production in India’s Eastern states to a great extent.
Rwanda, Uganda Decide to Levy 75% Tax on Tanzania Rice Imports Mixed with Asian Rice, Says EAGC Official
Jun 25, 2015

The Country Program Manager of Eastern Africa Grain Council (EAGC) warned that Rwanda and Uganda have decided to levy a 75% tax on Tanzania rice imports mixed with cheap Asian rice, according to local sources.Speaking at a meeting on threats and challenges faced by Tanzania’s Rice Industry, he said: “Rwanda has warned Tanzanian businessmen that any businessman who exports rice that is mixed with other sample, will be required to pay 75 percent tariff.” It is understood that original Tanzanian rice not mixed with other countries' rice will be duty-free.He noted that the East African Community (EAC) has declared rice as a "sensitive product" set a 75% Common External Tariff (CET) in order to protect the local rice sector from cheap imports from Asian countries, governments of which subsidize rice production as well as provide various incentives to rice producers.
However, since Tanzania' rice prices are relatively high, the EAC has agreed for duty-free trade with the other EAC members. As some traders are resorting to tricks such as mixing cheap Asian rice with the Tanzanian rice and selling at a higher price and at zero percent duty, the EAC will not allow Tanzania rice imports at zero percent duty in any of the member countries, he specified. Also from Tanzania's point of view, he noted that such a high tariff would hurt the country's rice farmers and economy severely.
Tanzania is the largest rice producer in East Africa and according to the government data, the country's annual rice production almost doubled between 2001 and 2012 due to expanded cultivation. Currently, Tanzania's average annual rice production is about 1.35 million tons.USDA estimates Tanzania to produce around 1.386 million tons of rice, basis milled, and export around 30,000 tons in MY 2015-16 (June 2014 - May 2015).
Pakistan Rice Sellers Lower Some of Their Quotes; Other Asia Rice Quotes Unchanged Today
Jun 25, 2015
Pakistan rice sellers lowered their quotes for 5% broken rice by about $10 per ton to about $375-$385 per ton today. Other Asia rice sellers kept their quotes mostly unchanged today.                                                                                                                    
5% Broken Rice
Thailand 5% rice is indicated at around $365 - $375 per ton, about a $20 per ton premium on Vietnam 5% rice shown at around $345 - $355 per ton.
India 5% rice is indicated at around $385 - $395 per ton, about $10 per ton premium on Pakistan 5% rice shown at around $375 - $385 per ton, down about a $10 per ton from yesterday.
25% Broken Rice
Thailand 25% rice is shown at around $345 - $3505 per ton, about a $20 per ton premium on Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is indicated at around $350 - $360, about $10 per ton premium on Pakistan 25% rice shown at around $340 - $350 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $365 - $375 per ton. India parboiled rice is indicated at around $365 - $375 per ton, about a $30 per ton discount to Pakistan parboiled rice shown at around $395 - $405 per ton.                                                                                                                                                                  
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about $5 per ton premium on Vietnam 100% broken rice shown at around $310 - $320 per ton. India's 100% broken rice is shown at around $280 - $290 per ton, about a $15 per ton discount to  Pakistan broken sortexed rice shown at around $295 - $305 per ton.
South Korea Seeks to Buy 59,104 Tons of Non-Glutinous Brown Rice in International Tenders
Jun 25, 2015
South Korea's state run Agro Fisheries & Food Trade Corporation (KAFTC) is seeking to buy about 59,104 tons of non-glutinous rice in international tenders for delivery between October 15, 2015 and December 15, 2015, according to a statement on its website.
The tonnage and delivery dates of different varieties of rice sought by KAFTC is shown below:
Registration of tenders will close at 4.00 p.m on July 2, 2015. The electronic bidding will take place on July 3, 2015 between 10.00 – 11.00 A.M.
Thailand to Auction 1.4 Million Tons of Rice on July 7, 2015
Jun 25, 2015

Thailand's Commerce Ministry is planning to auction about 1.395 million tons of rice on July 7, 2015, local sources quoted the Foreign Trade Department (FTD).The auction is fourth one this year and the Director-General of the FTD told local sources that the government would put up both fragrant and white rice in different grades for sale in the upcoming auction.

The Department will reportedly announce auction criteria to potential bidders on July 3 and will bidder applications on July 6. It will announce the winning bidders on July 7.The Commerce Ministry sold about 2.94 million tons of rice in the first seven auctions since it took power, raising about 30.2 billion baht (around $894 million).The Thai military government currently holds over 16 million tons of rice in its warehouses and is planning to sell about 10 million tons this year about six million tons next year.

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