Thursday, January 14, 2016

13th january 2016 Daily Global Rice E-Newsletter by Riceplus Magazine-Latest Rice News Updates

Presents Seminar on
Role of Media and Society in Building Innovative Pakistan – Science, Technology and Innovation
Date: 19th January, 2016 (Tuesday) Time: 10:30am-01.00pm
Venue: University of Management and Technology, Lahore

The aim of the SATHA Seminar is to highlight critically important but generally neglected area of Science, Technology and Innovation Policies and Practices in Pakistan. The seminar will bring attention of stakeholders towards the undeniable role of science, technology and innovation for the socio-economic development of the country and hence, will advocate promotion of research and innovation for the benefit of the industry and public at large.
Tentative Program
10:30am:     Registration – Seating - Recitation 
11:00am:     Welcome by President SATHA
11:10am:     Highlights of the PCST-IRP joint study on “Encouraging Problem Solving Research in Pakistan” by Dr. Tariq Bashir, PCST
The study was jointly conducted by PCST and IRP on how to encourage and promote need-based R&D and innovation in Pakistan. The data was collected from 350-400 experts of 150+ organizations of industry, academia and public sector through consultative workshops held allover Pakistan.
11:25am:   Competiveness of Rice Sector of Pakistan and Role of Research Institutions by Dr. Hamid Malik CEO, Induss Pak
11:40am:   Role of Media in Building Innovative Pakistan by Mr. Habib Akram Executive Editor, Dunya TV
11:55am:   Role of Media in Building Innovative Pakistan by Saleem Bokhari, Editor, The Nation  
12:10pm:  Role of Society in S&T –Akhuwat Triple Helix Model - Society, Academia and Govt. Collaboration by Dr. Amjad Saqib, Executive Director, Akhuwat
12:25pm:   Address by Guest of Honor- Dr. Anwar ul Hassan Gilani, Chairman, PCST
12:40pm:   Address by Chief Guest - Fahd Husain, Executive Director, Express News
12:55pm:   Note of Thanks by Mr. Rashid Khan, Assistant Professor, Media Dept., UMT  
01:00pm:   Closing


                   
               
Contact:      Anum Akmal, Program Coordinator, SATHA–ORIC, UMT, Lahore
Email: satha@irp.edu.pk  Ph. 042- 35212801 Ext: 3744
University of Management and Technology, Lahore
C II, Johar Town, Lahore



Asia races to find drought-resistant rice

Amy Kazmin
January 13, 2016 11:02 am

The monsoon rains are essential for growing rice in India, but their inconsistency affects production
Half of all people in the world, mostly those living in Asia, depend on rice as a staple food, eaten up to three times a day.But, compared with other food grains, global production of rice has always been finely balanced against demand, with little surplus traded on the market. As Asian weather patterns, especially the distribution of monsoon rains, become more erratic due to climate change, policymakers are concerned about the stability of global rice production and the long-term welfare of rice farmers and consumers.The International Rice Research Institute (IRRI), based in the Philippines, is working to develop seeds for new rice varieties that will be able to resist the kind of climate stresses, such as floods, drought and soil salinity, that are expected to become more frequent due to global warming.


Flood-resistant rice strains, whose development by the IRRI started in the late 1970s, are already paying off in India, Bangladesh and Nepal, where millions of farmers now grow rice varieties that can survive total submergence in water for between 14 and 20 days. Previously popular high-yielding rice varieties would be destroyed after just four or five days under water.Uma Shankar Singh, who leads the IRRI mission in India and Nepal, says researchers are also making progress in developing drought-resistant rice varieties, which could be available to farmers within a few years.“The world talks about climate change adaptation, but we hardly have anything to show on the ground,” says Mr Singh, the regional co-ordinator for IRRI’s Stress Tolerant Rice for Africa and South Asia (STRASA) project, which is funded by the Bill & Melinda Gates Foundation. “This is a direct example.”

Climatic stress is acute in South Asia, home to about 37 per cent of the world’s rice-growing area and prone to floods, drought, salinity, or some combination of those problems.Floods are increasingly frequent, but so are periods of severe dryness during monsoon seasons. Many days can go by between rains, a contrast to the predictable daily downpours that older farmers say they remember. “It’s not that the total amount of rainfall has changed,” says Mr Singh. “But its uneven distribution is creating both flood and drought.”Rice-consuming countries saw the impact of disruptions in the global supply of rice in 2008, when Bangladesh, the Philippines and parts of west Africa all suffered food riots triggered by spiralling global rice prices that had jumped 300 per cent, from $300 to $1,200 per ton, over four months.The price spike had several causes, one of which was the imposition of export restrictions by India.

 Another factor was panic buying by several large rice-consuming countries including Bangladesh, which was facing a rice shortage after severe flooding in the summer of 2007 caused damage to 2.2m acres of cropland.In fact, global rice stocks were not very low at the time and both the panic and prices subsided after a few months. But it was a warning about the kind of global ripple effect that could ensue should a shortfall occur. “There is not much surplus rice for the international trade,” says Mr Singh. “If there is any serious flood in China or India, no one can supply the rice. What rice is produced is consumed; the situation is tight.”IRRI’s plan to develop rice that can tolerate extreme weather relies on a bank of seeds from around 127,000 traditionally cultivated rice varieties, known as “landraces”, as well as on wild rice collected from around the world.


Many of the traditional varieties are disdained by contemporary farmers due to low-yields or poor grain quality. But, having adapted over centuries in various climactic conditions, some have evolved to be able to withstand local climactic stresses.Abdelbagi Ismail, head of the STRASA project, describes IRRI’s seed bank as “a treasure collected from all over the world, adding: “It has all the diversity and all the traits we look for in rice.”For decades, IRRI scientists had searched for rice varieties that could combine the genes required for flood tolerance with those of other high-yield varieties developed during the Green Revolution of the 1960s, which transformed wheat and rice farming in irrigated parts of north India.

Then, in 2002, researchers identified the precise gene in a landrace from eastern India that allowed it to survive a submergence of up to 20 days. By 2006, IRRI had combined that gene with a popular high-yielding rice variety and had provided 200 grammes of the seed to the Indian government’s own rice research institute. By 2013, nearly 5m Indian farmers had some fields planted with this flood-tolerant rice, covering about 1.7 to 2m hectares in total.The institute is now using similar methods in its effort to develop drought-resistant rice and the process has been accelerated by recent developments in genetic mapping. “We are now testing lines that are both drought and flood tolerant,” Mr Singh says. “We must make a variety that can tolerate any condition.”

It’s not that the total amount of rainfall has changed, but its uneven distribution is creating both flood and drought
- Uma Shankar Singh, leader of the IRRI mission in India and Nepal
The challenge is not merely scientific, but also political and logistical. South Asian governments must approve new seed varieties, then distribute these seeds to farmers, who must in turn be educated about their benefits and correct use.In the past, regional governments have subjected new IRRI seed varieties to years of additional testing before approving them for use by their own farmers. But India has shortened the testing period and in 2014 the governments of India, Nepal and Bangladesh agreed that seed varieties approved for use in one country will be automatically approved for use in all.“We want these new varieties to reach the farmers as fast as possible,” Mr Singh said. “The biggest challenge we are facing is making seeds locally available to farmers in remote area and taking information about these new varieties to the farmers. We have to gear up the whole system to do this.”
http://www.ft.com/cms/s/2/dea46c3e-982a-11e5-9228-87e603d47bdc.html#axzz3xJOZFUOg


01/13/2016 Farm Bureau Market Report

Rice
High
Low
Long Grain Cash Bids
- - -
- - -
Long Grain New Crop
- - -
- - -


Futures:
ROUGH RICE
High
Low
Last
Change
Jan '16
1107.5
-41.5
Mar '16
1172.5
1115.5
1130.0
-42.0
May '16
1153.0
1150.5
1158.5
-42.0
Jul '16
1185.5
-42.0
Sep '16
1177.5
-39.0
Nov '16
1195.5
-39.0
Jan '17
1196.0
-38.5
   

Rice Comment

Rices prices closed lower again today. The market continues to be pressured by yesterday's bearish USDA report that raised carry out for this year. While a recent pick up in export demand has helped provide support, the market will be looking for this to conitnue in tomorrow's export sales report. As we approach mid January the market needs to see strength as the average price from January 15 to February 15 will be the prices used to determine margin coverage in the new insurance product.

USA Rice Visits U.S. Officials and Key Mexican Customers; Conducts International Planning Meetings 

MEXICO CITY, MEXICO -- All week, USA Rice staff and members have conducted meetings and market visits here in the United States' number one rice market to learn more about that market and to share programs and generate new promotion ideas.First were meetings with officials from the USDA Foreign Agricultural Service (FAS) stationed here, followed by a trip to the sprawling Central Market for a conference with officers at El Alazan y El Rocio, one of the largest wholesale rice distributors in Mexico.  Finally, the group met with Mr. Pedro Schettino, the largest rice miller in Mexico and with Mr. Ricardo Mendoza, Executive Director of the Mexican Rice Council.At every stop, the talks were frank, focusing on quality of U.S. rice, current competition from Uruguay, potential future market changes that could result from an enacted Trans Pacific Partnership, and promotional opportunities in Mexico for U.S. rice.

Members and staff also then visited area markets to see rice being sold, including open air and wholesale markets and traditional supermarkets.The group then set down to the business of planning, with a day and a half of meetings for USA Rice's International Promotion Committee and staff where strategies and priorities for the year ahead were reviewed.  Washington, DC-based FAS staff and Mexico-based Animal and Plant Health Inspection Service (APHIS) staff also participated in the planning meetings.

"With about half of our crop exported each year, it is vital we ensure our promotion programs and trade servicing activities stay fresh, relevant, and nimble," explained John Valpey, chair of the USA Rice International Promotion Committee, who attended the meetings.  "It's no coincidence that we held our planning meeting in the capital city of our largest export destination.  As always, we had productive meetings in a wonderful city.
Rice meetings set for Jan. 21

Posted: Tuesday, January 12, 2016 6:34 pm
By Andrew Creasey/acreasey@appealdemocrat.com
It's been an eventful year for rice growers.From the drought to policy updates from Sacramento and Washington, D.C., the latest news on issues affecting California rice farmers will be presented during the annual grower meetings hosted by the California Rice Commission.The morning session will start at 8:30 a.m. Thursday, Jan. 21, at the Bonanza Inn Magnuson Grand Hotel at 1001 Clark Ave., Yuba City. An identical afternoon session will start at 1 p.m. that same day at the Colusa Casino Resort Conference Center at 3770 Highway 45, Colusa. Registration will be 30 minutes prior to each meeting."These meetings are very informative. We hope all rice growers can attend, to get the latest updates on issues vital to our industry," said Jim Morris, communications manager for the rice commission. "With the ongoing drought, water has been a dominant subject in the Sacramento Valley. We will provide the latest information in this critical area, in addition to updates on crop insurance, as well as key state and federal issues."Those attending will receive an update on farm policy from Tyson Redpath of The Russell Group. Louie Brown of Kahn, Soares and Conway will relay new developments at the state capital. Northern California Water Association President David Guy will review water issues. Additionally, Richard Neves of Gig 7 Crop Insurance Services will make a presentation.For more information, contact Morris at 916-387-2264 or jmorris@calrice.org.
CONTACT reporter Andrew Creasey at 749-4780 and on Twitter @AD_Creasey.
http://www.appeal-democrat.com/news/rice-meetings-set-for-jan/article_30ca2e56-b99e-11e5-9ba3-5ffc488263dc.html


Reach for these rice recipes

By Rita DeMontis, Toronto Sun
This time of year is when a bowl of rice is real nice.On its own with a dollop of butter and sprinkling of fresh cheese is as comforting as you can get. And recent studies show people who consume the most have diets richer in potassium, magnesium, fibre and less saturated fat and sugar.Rice is healthy and its affordable that 1.6 billion people consume worldwide.
"Canadians won't sacrifice taste for health and are learning that healthy and tasty can be inclusive when they take a bite out of the world around them," says registered nutritionist and culinary writer Theresa Albert, noting that nearly 70% of our rice is from south of the border.
Rice, is a practical grain that goes with everything and is a healthier option than other starches. According to a study published in Food and Nutrition Sciences, rice consumption was associated with better diet quality and nutrient intake than seen in non-rice consumers.


"Not only is whole grain rice itself more nutrient-rich than some other starches common at our dinner tables, but it also is typically served with highly nutritious items like beans, fish, tomatoes and greens," says Albert, adding "It's that cascading inspiration of adding rice which opens the door to other nutritious foods. Cuisines all over the world benefit from this "company rice keeps" and Canadians know a good thing when they see and taste it."In Canada, we do not have to look far for rice recipe inspiration, thanks to our diverse cultural landscape. Here's a selection of easy and delicious recipes courtesy of USA Rice that highlight the flavours of Greece, Italy, Portugal and the Middle East:

Australia's SunRice planning IPO








KAORI TAKAHASHI, Nikkei staff writer

New South Wales rice grower Peter Draper says securing sufficient water is vital for Australia's rice growers.
SYDNEY -- Australia's Ricegrowers, a leading rice production and sales company trading as SunRice, is planning an initial public offering to raise funds to diversify its business portfolio and expand exports to Asia. The company is seeking to widen the scope of its businesses because rice production in Australia is vulnerable to declines in rainfall.The move is also aimed at boosting exports to Asia by capitalizing on the signing of the Trans-Pacific Partnership trade pact, expected to happen this year.The Riverina region in Australia's New South Wales is the country's rice production center. Located in southeastern Australia, the Riverina accounts for 98% of the country's rice production.


To ensure a good crop, rice farmer Peter Draper has to check his vast rice paddies every day in blistering heat. The summer temperature frequently rises above 40 C.  In Australia, farmers plant rice in October and ship new rice in May. The fact that the seasons in Australia are opposite to those in the Northern Hemisphere gives Aussie rice a major competitive edge in international markets, Draper said.    Rice farmers in Australia face a tough challenge. Securing the large amounts of water needed to farm the grain in a drought-prone country comes at a high cost. The price of water traded between farmers often soars due to scant rainfall. A spell of dry weather forces rice growers to cut back on production. Rice production in Australia from April through this coming March is seen plunging 58% to 305,000 tons because of drought, according to an estimate by the Australian Bureau of Agricultural and Resource Economics and Sciences.  Rice requires far more water to grow than other summer cash crops like sorghum and cotton. This puts it at the top of the list of production-cut candidates during dry weather.

http://asia.nikkei.com/Business/Companies/Australia-s-SunRice-planning-IPO

Rice industry growth hampered by disunity


Sacks of rice await sale at Phnom Penh's Orussey Market in 2014. Eli Meixler
Wed, 13 January 2016
The Cambodia Rice Federation (CRF), the apex body of the nation’s rice industry, is looking to bring all relevant stakeholders under one unifying vision for the sector, citing the lack of cooperation among its members as a key reason for missing last year’s 1 million-tonne milled rice export target.“There is a lack of cooperation and confidence, with some members not following the CRF’s policy, which remains a challenge to reach our export target,” CRF vice president Hun Lak told reporters yesterday.

He said a common approach would help build confidence among farmers, maintain quality standards and improve the branding of Cambodian rice.“If we can fix these obstacles we will reach this target in the next five years,” he said.One of the biggest challenges faced by the federation, according to Lak, was managing the country’s supply and demand of rice paddy. He cited instances where millers could not purchase paddy given that the farmers desperate for cash had already sold it to millers in neighbouring countries.To remedy this scenario and achieve the export target of 1 million tonnes of milled rice per year, Lak said the federation’s members would need about $550 million for paddy procurement.


He said the capital would be used to purchase 2.5 million tonnes of paddy, assuming that it costs 1,250 riel and 800 riel per kilo of fragrant and white rice, respectively.CRF president Sok Puthyvuth said the capital requirement was just a ballpark figure based on a preliminary assessment of the sector’s requirements. “We are still studying this, but once we agree on a specific number the government will play an important role to facilitate it,” he said.Taing Chhung Ngy, director of market promotion at rice exporter LBN Angkar (Kampuchea), said unity was essential to the federation’s effectiveness.


He said that while some exporters would agree to a common policy, such as unified rice prices, during meetings their actions did not match their commitments.“We cannot walk on the same path unless we understand each other’s problems well,” he added.The Cambodia Rice Federation was established in May, 2014, and currently comprises 230 members.The federation has an operating budget of $700,000 for two years ending May, 2016, which is covered by a one-time Ministry of Economy and Finance allocation, membership fees and from contributions by its 17 board members.Additionally, the federation collects $1 per tonne of fragrant rice exported and $0.50 per tonne on white rice from its members.
http://www.phnompenhpost.com/business/rice-industry-growth-hampered-disunity


Nigeria Can Produce 10 Million Metric Tons of Rice Annually, Says IFAD President


By Vincent Ujumadu
Awka — President of International Fund for Agricultural Development, IFAD, Dr. Kanayo Nwanze, has said that Nigeria has the potential to produce 10 million metric tons of rice annually if the required infrastructure was put in place.Nwanze, during a visit to the rice processing clusters at Omor and Anaku rice producing areas in Anambra State, explained that the country currently produces three million metric tons of rice and consumes about six million metric tons, adding that with the prevailing ideal environment for rice production in many parts of the country, attaining the 10 million metric tons target would be met soon to make Nigeria a net exporter of rice.

According to him, the Country Programme Manager of IFAD, Dr. AtsukoToda, had expressed her determination to assist the country achieve the desired objective.During the visit, Nwanze was presented with the vision of Anambra State Value Chain Development Programme for the rice processing clusters in the state by the state programme Coordinator of IFAD, Mr. Nnamdi Agwuncha.Agwuncha said that the state Value Chain Programme was anchored on the Federal Government's strategic vision for strengthening the agricultural sector in order to achieve food security, increase production, expand and improve rural economy for employment and income generation, as well as increase export and reduce food importation.He said that participatory rural appraisal had already been conducted, adding that the constraints of the rice processing clusters had also been identified
http://allafrica.com/stories/201601130240.html

Chinese Firm Plans $300m Rice Project In Nigeria

A Chinese Company,Hellog Jiang Pingyuan Rice Group has proposed a $300 million rice project in Nigeria.According to a release made available to The Tide in Port Harcourt recently, the facilitator of the meeting and the consular-General of Nigeria in China, Ambassador Ali Ocheni said some states namely, Imo, Cross River and Akwa Ibom had shown interest in the proposal which transfers technology, apart from making profits.The Chief Executive Officer of the Chinese group, Mr. Wang Jing Xin disclosed the proposal when he led a delegation of the company to the Federal Ministry of Agriculture and Rural Development in Abuja.


The company according to the release, apart from the investment would also collaborate with the ministry in building a research institute, help local farmers to improve themselves and equally provide job and opportunities to Nigerians.Responding, the minister of Agriculture and Rural Development Chief Audu Ogbeh stated the need to take every step to ensure that states in Nigeria partner with the company on the proposed rice project. He stated that an expanse of  land earlier mapped out for vice production in Bayelsa State would be considered for the project.

The minister said Kebbi, Zamfara and Ogun States respectively could be encouraged to collaborate with the company.He also requested the Chinese firm to consider the production of vegetables.Chief Ogbeh said agriculture was not only about relying on rain fall but also irrigation and advised the company to think along irrigation projects since Nigeria does a lot of dry season farming.He said villages should be included in the our grower programme so that they could sell their products to the company.
http://www.thetidenewsonline.com/2016/01/13/chinese-firm-plans-300m-rice-project-in-nigeria/

Nagpur Foodgrain Prices Open-Jan 13
Nagpur, Jan 13 Gram and tuar prices firmed up again in Nagpur Agriculture Produce
and Marketing Committee (APMC) here increased buying support from local millers amid weak supply
from producing regions. Healthy rise in Madhya Pradesh pulses and repeated enquiries from
South-based millers also jacked up prices, according to sources.

    FOODGRAINS & PULSES
    GRAM
   * Gram varieties ruled steady in open market here but demand was poor.

     TUAR
   * Tuar gavarani moved down in open market on lack of demand from local traders amid
     high moisture content arrival.

   * Rice Swarna reported higher in open market on good seasonal demand from local
     traders amid thin supply from producing regions.   
     
   * In Akola, Tuar New - 8,400-8,700, Tuar dal New - 13,700-14,300, Udid -
     12,600-13,100, Udid Mogar (clean) - 14,800-17,000, Moong -
     8,600-8,800, Moong Mogar (clean) 9,800-10,100, Gram - 4,300-4,500,
     Gram Super best bold - 5,800-6,200 for 100 kg.

   * Wheat, other varieties of rice and other commodities moved in a narrow range in
     scattered deals, settled at last levels.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg

     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                3,200-4,550         3,200-4,500
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                8,000-9,410         7,900-9,300
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            6,000-6,500        6,000-6,500
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,700-5,800        5,700-5,800
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,700-4,900        4,700-4,900
     Desi gram Raw                4,750-4,900         4,750-4,900
     Gram Filter new            5,100-5,300        5,100-5,300
     Gram Kabuli                5,800-7,800        5,800-7,800
     Gram Pink                        6,300-7,200        6,300-7,300
     Tuar Fataka Best-New             14,100-14,600        14,100-14,600
     Tuar Fataka Medium-New        13,200-13,800        13,200-13,800
     Tuar Dal Best Phod-New        12,500-12,800        12,500-12,800
     Tuar Dal Medium phod-New        11,000-12,000        11,000-12,000
     Tuar Gavarani New             9,000-9,100        9,050-9,150
     Tuar Karnataka             9,600-9,700        9,600-9,700
     Tuar Black                 14,900-15,300        14,900-15,300
     Masoor dal best            6,500-6,800        6,500-6,800
     Masoor dal medium            6,100-6,300        6,100-6,300
     Masoor                    n.a.            n.a.
     Moong Mogar bold            9,600-10,500        9,600-10,500
     Moong Mogar Med            9,000-9,700        9,000-9,700
     Moong dal Chilka            8,500-9,500        8,500-9,500
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            8,500-8,700        8,500-8,700
     Udid Mogar Super best (100 INR/KG)    15,000-17,500       15,000-17,500
     Udid Mogar Medium (100 INR/KG)    12,300-14,800        12,300-14,800   
     Udid Dal Black (100 INR/KG)        9,400-10,700        9,400-10,700    
     Batri dal (100 INR/KG)        5,700-6,100        5,700-6,100
     Lakhodi dal (100 INR/kg)          4,400-4,850         4,400-4,850
     Watana Dal (100 INR/KG)            3,200-3,350        3,200-3,350
     Watana White (100 INR/KG)           3,200-3,400           3,200-3,400
     Watana Green Best (100 INR/KG)    3,300-3,800        3,300-3,800  
     Wheat 308 (100 INR/KG)        1,700-1,800        1,700-1,800
     Wheat Mill quality (100 INR/KG)    1,675-1,775        1,675-1,775  
     Wheat Filter (100 INR/KG)         1,650-1,850        1,650-1,850
     Wheat Lokwan best (100 INR/KG)    2,100-2,450        2,100-2,450   
     Wheat Lokwan medium (100 INR/KG)   1,950-2,200        1,950-2,200
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-3,950        3,600-3,950   
     MP Sharbati Medium (100 INR/KG)    3,000-3,200        3,000-3,200          
     Rice BPT best New(100 INR/KG)    2,600-2,850        2,600-2,850   
     Rice BPT medium (100 INR/KG)        2,100-2,300        2,100-2,300   
     Rice Parmal (100 INR/KG)         1,800-2,000        1,800-2,000
     Rice Swarna best (100 INR/KG)      2,200-2,450        2,100-2,400  
     Rice Swarna medium (100 INR/KG)      1,850-2,250        1,800-2,200  
     Rice HMT best New (100 INR/KG)    3,100-3,400        3,100-3,400   
     Rice HMT medium (100 INR/KG)        2,600-2,900        2,600-2,900   
     Rice Shriram best New(100 INR/KG)    4,400-4,500        4,400-4,500   
     Rice HMT medium New(100 INR/KG)    3,700-4,000        3,700-4,000   
     Rice Basmati best (100 INR/KG)    9,800-11,700        9,800-11,700    
     Rice Basmati Medium (100 INR/KG)    7,800-8,000        7,800-8,000   
     Rice Chinnor best New(100 INR/KG)    4,600-4,850        4,600-4,850   
     Rice Chinnor med. New (100 INR/KG)    4,000-4,400        4,000-4,400   
     Jowar Gavarani (100 INR/KG)        1,800-2,200        1,800-2,200   
     Jowar CH-5 (100 INR/KG)         1,700-1,800        1,700-1,800

WEATHER (NAGPUR) 
Maximum temp. 30.2 degree Celsius (86.4 degree Fahrenheit), minimum temp.
11.6 degree Celsius (52.9 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 30 and 11 degree Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices.)

 

Rice Prices

as on : 13-01-2016 08:10:21 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
Price
Current
%
change
Season 
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Gadarpur(Utr)
1994.00
42.43
48697.00
2065
1993
10.43
Bazpur(Utr)
1330.00
454.17
13352.90
1714
1416
-
Etawah(UP)
780.00
11.43
10620.00
2250
2250
-
Barasat(WB)
60.00
NC
905.00
2200
2200
-
Lanka(ASM)
55.00
-8.33
1115.00
1775
1775
-
Kasimbazar(WB)
45.00
-1.1
520.50
2350
2360
-9.62
Dibrugarh(ASM)
27.00
-13.46
326.20
2550
2550
-
Mirzapur(UP)
24.00
14.29
457.00
1920
1915
6.67
Howly(ASM)
23.00
-57.8
1599.70
1300
1300
-13.33
Naugarh(UP)
19.00
46.15
276.50
2040
2045
8.51
Alipurduar(WB)
18.00
5.88
89.00
2200
2200
-
North Lakhimpur(ASM)
17.00
-22.73
607.70
1900
1900
-
Yusufpur(UP)
15.00
-50
230.00
1865
1865
-1.84
Mannargudi(Ker)
10.00
NC
225.00
2600
2600
-
Tamluk (Medinipur E)(WB)
10.00
NC
241.00
2300
2300
-
Deogarh(Ori)
9.50
5.56
214.00
2500
2500
NC
Cherthalai(Ker)
8.50
13.33
149.00
2300
2350
-
Jeypore(Kotpad)(Ori)
3.40
-54.05
85.20
3250
3250
138.97
Darjeeling(WB)
2.30
4.55
34.20
2800
2800
-
Siyana(UP)
1.50
-40
32.50
2065
2060
-
Jeypore(Ori)
1.30
-61.76
87.20
325
325
-
Kondapi(AP)
1.00
-
1.00
3900
-
-
Bonai(Bonai)(Ori)
1.00
NC
8.10
2000
2000
-25.93
Sardhana(UP)
1.00
NC
35.10
2075
2080
-

http://www.thehindubusinessline.com/economy/agri-business/article8101413.ece

14th January ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Presents Seminar on
Role of Media and Society in Building Innovative Pakistan – Science, Technology and Innovation
Date: 19th January, 2016 (Tuesday) Time: 10:30am-01.00pm
Venue: University of Management and Technology, Lahore
The aim of the SATHA Seminar is to highlight critically important but generally neglected area of Science, Technology and Innovation Policies and Practices in Pakistan. The seminar will bring attention of stakeholders towards the undeniable role of science, technology and innovation for the socio-economic development of the country and hence, will advocate promotion of research and innovation for the benefit of the industry and public at large.
Tentative Program
10:30am:     Registration – Seating - Recitation 
11:00am:     Welcome by President SATHA
11:10am:     Highlights of the PCST-IRP joint study on “Encouraging Problem Solving Research in Pakistan” by Dr. Tariq Bashir, PCST
The study was jointly conducted by PCST and IRP on how to encourage and promote need-based R&D and innovation in Pakistan. The data was collected from 350-400 experts of 150+ organizations of industry, academia and public sector through consultative workshops held allover Pakistan.
11:25am:   Competiveness of Rice Sector of Pakistan and Role of Research Institutions by Dr. Hamid Malik CEO, Induss Pak
11:40am:   Role of Media in Building Innovative Pakistan by Mr. Habib Akram Executive Editor, Dunya TV
11:55am:   Role of Media in Building Innovative Pakistan by Saleem Bokhari, Editor, The Nation  
12:10pm:  Role of Society in S&T –Akhuwat Triple Helix Model - Society, Academia and Govt. Collaboration by Dr. Amjad Saqib, Executive Director, Akhuwat
12:25pm:   Address by Guest of Honor- Dr. Anwar ul Hassan Gilani, Chairman, PCST
12:40pm:   Address by Chief Guest - Fahd Husain, Executive Director, Express News
12:55pm:   Note of Thanks by Mr. Rashid Khan, Assistant Professor, Media Dept., UMT  
01:00pm:   Closing


                   
               
Contact:      Anum Akmal, Program Coordinator, SATHA–ORIC, UMT, Lahore
Email: satha@irp.edu.pk  Ph. 042- 35212801 Ext: 3744
University of Management and Technology, Lahore
C II, Johar Town, Lahore-Pakistan

Wholesale Basmati Rice Prices in India Decline on Low Demand

Jan 13, 2016
Wholesale basmati rice prices have declined today due to sluggish demand from traders, according to the Press Trust of India (PTI).
On January 13, 2016, prices of Pusa 1121 declined to around Rs.4,250 - 4,900 per quintal (around $637 - $734 per ton) from previous quotes of around Rs.4,350 - 5,000 per quintal (around $652 - $749 per ton).
Prices of common basmati rice  declined to around Rs.5,300 - 5,400 per quintal (around $794 - $809 per ton) from the previous level of around Rs.5,400 - Rs.5,500 per quintal (around $810 - $825 per ton).
However, traders attributed the decline in wholesale basmati prices to subdued demand from retailers.
Global Rice Quotes
January 13th, 2016
Long grain white rice - high quality
Thailand 100% B grade   360-370                ↔
Vietnam 5% broken        350-360                ↔
India 5% broken               355-365                ↔
Pakistan 5% broken        330-340                ↔
Myanmar 5% broken      410-420                ↔
Cambodia 5% broken     425-435                ↔
U.S. 4% broken                 465-475                ↔
Uruguay 5% broken        495-505                ↔
Argentina 5% broken     490-500                ↔
Long grain white rice - low quality
Thailand 25% broken      340-350                ↔
Vietnam 25% broken      340-350                ↔
Pakistan 25% broken      305-315                ↔
Cambodia 25% broken   410-420                ↔
India 25% broken             325-335                ↔
U.S. 15% broken               485-495                ↔
Long grain parboiled rice
Thailand parboiled 100% stxd     355-365                ↔
Pakistan parboiled 5% broken stxd          405-415                ↔
India parboiled 5% broken stxd                 345-355                ↔
U.S. parboiled 4% broken             500-510                ↔
Brazil parboiled 5% broken          520-530                ↔
Uruguay parboiled 5% broken    NQ         ↔
Long grain fragrant rice
Thailand Hommali 92%   675-685                ↔
Vietnam Jasmine             440-450                ↑
India basmati 2% broken              NQ         ↔
Pakistan basmati 2% broken       NQ         ↔
Cambodia Phka Mails     745-755                ↔
Brokens
Thailand A1 Super            315-325                ↔
Vietnam 100% broken   335-345                ↔
Pakistan 100% broken stxd          285-295                ↔
Cambodia A1 Super        350-360                ↔
India 100% broken stxd                 265-275                ↔
Egypt medium grain brokens      NQ         ↔
U.S. pet food     295-305                ↔
Brazil half grain NQ         ↔
All prices USD per ton, FOB vessel, oryza.com

EU Rice Imports from Asian LDCs Increase Sharply in First Four Months of 2015-16

Jan 13, 2016
The European Union's (EU) rice imports from the Least Developed Countries (LDCs) of Asia such as Cambodia and Myanmar under the Everything But Arms (EBA) Agreement have reached around 116,697 tons in the first four months of the crop year 2015-16 (September - December 2015), up about 42% from around 82,477 tons imported during the same period last year, according to data from the European Commission (EC).
The EC data shows that imports from Cambodia (which account for about 84% of total imports from Asian LDCs in September – December 2015) increased about 44% to around 98,301 tons from around 68,364 tons during the same period last year. On the other hand, rice imports from Myanmar (which account for about 16% of total imports from Asian LDCs in the first four months of 2015) have increased about 35% to around 16,773 tons from around 12,429 tons during the same period last year.

Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Tumble as Market Digests Bearish USDA S&D Outlook; Corn and Beans Follow through Buying while Wheat Slips

Jan 14, 2016
Chicago rough rice futures for Mar delivery settled 41.5 cents per cwt (about $9 per ton) lower at $11.300 per cwt (about $249 per ton). The other grains finished the day with mixed results; Soybeans closed about 0.6% higher at $8.8000 per bushel; wheat finished about 0.7% lower at $4.7800 per bushel, and corn finished the day about 0.4% higher at $3.5800 per bushel.
U.S. stocks traded lower Wednesday as low oil prices and consumer discretionary stocks weighed. WTI crude oil futures tried to hold slightly higher near $30.50 a barrel after briefly falling below the psychologically key $30 level Tuesday and hitting a fresh 12-year low. Brent traded lower, also near $30.50 a barrel. China's crude oil imports hit a record high in December, while copper imports were the second highest on record, according to customs data. Overall Chinese exports and imports fell by less than expected in December, leaving a trade surplus of over $60 billion for the month, the data showed. The economy likely had its weakest annual growth in 25 years. China GDP data is expected next week. The Shanghai composite stock index erased early gains to close 2.4% lower, while Asian markets mostly closed higher on Wednesday. European stocks pared gains to end mixed. In midday trade, the Dow Jones industrial average declined 96 points, or 0.59%, to 16,418. The S&P 500 fell 11 points, or 0.58%, to 1,927, with consumer discretionary leading eight sectors lower and utilities and telecommunications the only gainers. The Nasdaq composite declined 46 points, or 0.98%, to 4,638. Gold is seen trading about 0.3% higher, crude oil is seen trading about 0.8% lower, and the U.S. dollar is seen trading about 0.1% higher at about  1:00pm Chicago time.
Tuesday, there were 471 contracts traded, up from 355 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday increased by 99 contracts to 13,469.

European Paddy Quotes Remain Firm in First Week of January 2016

Jan 13, 2016

European paddy quotes showed no substantial movements during the week December 29, 2015 - January 05, 2016, according to the European quotations supplied by the European Commission (EC) on January 5, 2016. Official paddy quotes were not available in some countries.
Below are the European quotations supplied by the EC on January 5, 2016.

SPAIN - Japonica paddy slightly decreasing at 291 euros (about $ 315) per ton, down from 294 euros (about $ 319) per ton on December 29, 2015. Indica paddy was fixed at 256 euros (about $ 277) per ton, slightly decreasing from 255 euros (about $ 276) per ton of the previous week. Milled Japonica rice quoted 587 euros (about $ 637) per ton, unchanged.                                       
PORTUGAL - Portuguese paddy varieties received no quotations.   
GREECE – Greek paddy varieties received no quotations. 
ROMANIA -  Prices were fixed only on January 5: Japonica paddy was out at 320 euros  (about $ 347) per ton and Indica paddy at 327 euros (about $ 354) per ton. As for milled rice, no quotes were indicated.
BULGARIA - Japonica paddy quotations are firm at 294 euros (about $ 319) per ton. Japonica milled rice prices are unchanged at 872 euros (about $ 946) per ton.
FRANCE - No variety of milled rice was quoted on January 5, 2016; on December 29, 2015 round milled rice was out at 620 euros (about $ 672) per ton, Long A at 600 euros (about $ 651) per ton, Long B at 610 euros (about $ 662) per ton.

Cambodia Needs to Invest About $550 Million in Rice Value Chain to Achieve One Million Ton Export Goal, Says CRF Official

Jan 13, 2016
The government of Cambodia should invest about $550 million the rice production and supply chain to achieve the one million ton export target, local sources quoted an official from the Cambodia Rice Federation (CRF).
The official noted that the CRF requires at least 2.5 million tons of paddy, including both fragrant and white types, to process one million tons of milled rice for exports. He also noted that advanced storage facilities are also required to achieve the goal.
He noted that earlier China had proposed to invest about $320 million to develop the country's rice milling sector, but new studies have found that the sector over $500 million for the purpose. He urged the government to facilitate loans for the development of the sector.
Other exporters added that funds are needed to build warehouses, rice silos, develop human resources and upgrade equipment for harvesting rice and transporting it to warehouses and ports. Such facilities are needed to ensure uninterrupted rice supplies for exports, they said. Some exporters opined that the development of the sector would also help the exporters to reduce prices in line with the global prices.
Cambodia's rice exports increased significantly in 2015 though the one million ton target could not be reached. Cambodia exported around 538,396 tons of milled rice in 2015 up about 39% from around 387,061 tons exported during the same period last year.

Government of India Procures 20.81 Million Tons of Rice as of January 12, 2016 in KMS 2015-16, Up 32% from Last Year

Jan 13, 2016

The Food Corporation of India (FCI), the nodal agency for food grain procurement and distribution has procured around 20.81 million tons of rice as of January 12, 2016 in KMS 2015-16 (October 2015 - September 2016), up about 32% from around 15.74 million tons last year, the Economic Times quoted a news release by the Food Ministry.
Paddy procurement is said to have increased in this season despite the country receiving below-average monsoon rains in 2015 due to a decline in prices of common variety of rice in various markets across the country.. The major increase in procurement of paddy has taken place in Punjab, Haryana, Chhattisgarh, Andhra Pradesh, Odisha and Uttar Pradesh, according to the news release.
Based on the current pace of procurement, analysts have forecasted that government's rice procurement in KMS 2015-16 may exceed last year's level of 32 million tons. The government of India is planning to procure around 30 million tons of rice in the KMS 2015-16.
Food Ministry sources noted that the government of India provided an additional funding of Rs.10,000 crore to the FCI this month to ensure that it has sufficient funds to pay to the farmers and the state government agencies for procurement of paddy.
India’s rice stocks in the central pool as of January 1, 2015 stood at around 26.025 million tons (including a milled equivalent of about 13.34 million tons of paddy), up about 14% from around 22.79 million tons recorded during the same period last year, according to FCI.

Oryza U.S. Rough Rice Recap - Steep Price Declines Seen a Day after Bearish USDA Report

Jan 14, 2016
The U.S. cash market was materially weaker today, a day after the USDA increased their 2015/2016 long grain ending stocks estimate by 2.2 m cwt to 23.0 m cwt from last month’s report.
Analysts note that many farmers were hopeful that this month’s report would be friendly to prices however the large and somewhat questionable 6.0 m cwt reduction in domestic and residual use shattered those hopes.
Meanwhile, high water levels on the Lower Mississippi River continues to hamper barge loading operations and at least one a river closure was reported yesterday after a tow hit a bridge in Vicksburg, MS, sinking some of the barges it was moving.

Re-Seeding of Paddy Acquired from Non-Seeding Companies Not Allowed, Says Italian Ministry

Jan 13, 2016
The Italian Ministry of Agriculture and Forestry (MIPAAF) has reportedly announced that paddy acquired from non-seed breeding companies will not be allowed in Italy.
However, the MIPAAF has clarified that the paddy grown in one's own farm can be used for re-seeding purposes.
The Ministry noted that the Ente Risi (ENR), the National Agency for Rice, must promptly report any detected anomaly to the Central Inspectorate for the prevention of Fraud, which will carry out controls during the marketing phase.
The issues related to the re-seeding of paddy will be discussed in a special technical meeting, which will be conducted in Ente Risi Research Center in Castello d'Agogna on February 4, 2016. The meeting will reportedly discuss the current themes of rice growing in Italy.

USDA Raises Estimates for U.S. 2015-16 All Rice Supplies on Higher Production

Jan 13, 2016
In its January 2016 World Agricultural Demand and Supply Estimates (WASDE) report, the USDA raised estimates for the U.S. all rice supplies to around 12.02 million tons, up from its last month's forecast of 11.97 million tons due to an expected increase in all rice production. However, the supplies are estimated to be lower from last year's 12.56 million tons. While supplies of long-grain rice are expected to be unchanged at last month’s 8.16 million tons, supplies of short- and medium-grain rice at around 3.76 million tons, up from last month's estimates of 3.72 million tons.
The USDA raised estimates for U.S. all rice production to around 8.72 million tons from its last month’s forecast of 8.65 million tons due to an expected increase in acreage and yields. While estimates for production of long-grain rice is raised to 6.03 million tons from last month's estimates of 6.01 million tons, estimates for production of short- and medium-grain rice are raised to around 2.69 million tons, up from last month's estimates of 2.65 million tons.
The USDA estimates for U.S. all rice acreage to increase to 1.032 million hectares, up from its last month's estimates of 1.028 million hectares. It estimates yield per hectare to increase to around 8.4 tons, up from last month's estimates of 8.35 tons.
The USDA lowered estimates for U.S. all rice imports to around 1.09 million tons, down from its last month’s forecast of 1.11 million tons based on slower pace to date.
The USDA lowered its estimates for 2015-16 U.S. all rice use to 5.49 million tons, down from last month's forecast of 5.76 million tons due to an expected decline in the estimates of long -grain use to 3.99 million tons from last month’s forecast of 4.26 million tons. The USDA raised its estimates for 2015-16 U.S. all rice exports to 4.63 million tons, up from last month's forecast of 4.45 million tons due to an expected increase in the exports of long -grain to 3.13 million tons from last month’s forecast of 2.95 million tons.
The USDA increased its estimates for 2015-16 U.S. all rice ending stocks to 1.9 million tons, up from last month's forecast of 1.76 million tons due to an expected increase in the estimates of both long -grain and short- and medium- ending stocks.
Average farm prices of all paddy rice, long-grain paddy rice and combined medium- and short- grain paddy rice are expected to decline to around $279.98 - $302.03 per ton, around $242.51 - $264.55 and $365.96 - $388 per ton respectively.

Vietnam Rice Sellers Increase Some of Their Quotes Today; Other Asia Rice Quotes Unchanged Today

Jan 13, 2016
Vietnam rice sellers increased their quotes for Jasmine rice by about $15 per ton to about $440-$450 per ton today. Other Asia rice sellers kept their quotes unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $350 - $360 per ton, on par with Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $355 - $365 per ton, about $25 per ton premium on Pakistan 5% rice shown at around $330 - $340 per ton.
25% Broken Rice
Thailand 25% rice is indicated at around $340 - $350 per ton, on par with Vietnam 25% rice shown at around $340- $350 per ton. India 25% rice is indicated at around $325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice shown at around $305 - $315 per ton.
Parboiled Rice           
Thailand parboiled rice is indicated at around $355 - $365 per ton. India parboiled rice is indicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan parboiled rice last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $315 - $325 per ton, about $20 per ton discount to Vietnam 100% broken rice shown at around $335 - $345 per ton. India's 100% broken rice is shown at around $265 - $275 per ton, about $20 per ton discount to Pakistan broken sortexed rice shown at around $285 - $295 per ton.

Thai OAG Sues Seven More Individuals in Rice Pledging Case

Jan 13, 2016
The Office of the Attorney General (OAG) sued another seven individuals in the rice pledging case, according to local sources.Newly accused are executive in rice mills who are reportedly known to have colluded with the former Commerce Minister related to a government-to-government (G2G) deal between the Thai and Chinese governments.Public prosecutors filed their petition with the Supreme Court's Criminal Division for Political Office Holders against the private-company executives, who are understood to have bought rice from government stock, supposedly to be delivered to China, and sold in the Thai local markets.The OAG already filed the charges against the 21 individuals, including the former Commerce Minister, based on the advice of the National Anti-Corruption Commission (NACC). They were reportedly accused of helping two Chinese companies, which were reportedly not authorized by the Chinese government, to seal G2G contracts for about 1.2 million tons of rice with the Thai government without participating in a bid. The 21 individuals are said to have violated the Criminal Code, the Public Competitive Bidding Act and the Anti-Corruption Act. The Supreme Court is hearing the evidences related to the case.

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