Wednesday, July 27, 2016

27th july,2016 daily global,regional and local rice e-newsletter by riceplus magazine



Were Dar’s claims about economic revival false? Worrying new export data tells all

KARACHI (Web Desk) – According to a universe growth indicators, exports as a commission of GDP for Pakistan have depressed from 14% in 2011 to 11% in 2015.An alarming change in exports has been observed as from a rise of $25.3 billion in 2011 a value of exports from Pakistan has depressed to $22 billion in 2015.Although a tellurian trade has decreased in 2015, an appearing outmost debt position of Pakistan creates a impact of a reduction ever some-more daunting. The sum debt use as a commission of exports of goods, services and primary income has risen from 11.3% in 2008 to 19.1% in 2014.

Over a prior decade, a influx of remittances into Pakistan has taken an rare significance in a change of payments. Although remittances and collateral inflows are critical sources of unfamiliar exchange, a policymakers need to residence a descending trend in exports.
With augmenting debt payments to a IMF and other creditors, Pakistan contingency safeguard continual influx of unfamiliar sell in sequence to accommodate a obligations.Exports are a essential member of unfamiliar sell inflow. An review into a trade settlement is required as process measures to foster trade including banking valuations, taxation reliefs and exemptions, giveaway trade agreements are implemented.

Analysing trade information from a UN Comtrade, approximately half of a exports from Pakistan are unfailing to a US, China, Germany, Spain, Italy, a UK and a UAE. They comment for approximately 45% of tellurian trade.
Even yet mercantile conditions are comparatively diseased in these markets, they are a many critical destinations for exporters around a world.

On a other hand, a products exported by Pakistan are not a many renouned in tellurian trade. The tip 10 six-digit HS codes exported from Pakistan in 2015 embody weave products and cereals (semi-milled or whole-milled rice has been a tip exported product from 2005 to 2015).
The tip 10 products cumulatively comment for approximately one-third of a exports from Pakistan though usually 0.5% of a tellurian trade flow. Therefore, exports from Pakistan are not usually heavily strong in primary products and low value-added products though are also singular to products that minister negligibly to a tellurian trade.
Further investigate suggests that exports are rarely supportive to fluctuations in tellurian commodity prices, quite of wheat, string and rice. There was an ceiling trend in a tellurian prices of line from 2007 to 2011, hence augmenting a trade value of several commodities, followed by a diminution in prices.

For instance, exports of tender string increasing from $47 million in 2007 to $370 million in 2011 though decreased to $100 million in 2015. Similarly, exports of string chronicle increasing from $1.21 billion in 2008 to $2.23 billion in 2013 though decreased to $1.55 billion in 2015. Exports of semi-milled or whole-milled rice increasing from $1.1 billion in 2007 to $2.3 billion in 2008 and decreased to $1.4 billion in 2015.Although exports of primary products might move a asset during certain periods, they boost a bearing of a domestic rural zone to tellurian cost shocks.

Daily Pakistan




USA Rice Daily Wins Publishing Award 

ARLINGTON, VA -- The 28th Annual APEX Awards for Publication Excellence have been announced, and the revamped USA Rice daily e-newsletter, USA Rice Daily, has been named a winner in the "most improved" category.

The APEX awards are a highly competitive business communications contest sponsored by the editors of Writer's Web Watch and the Writing that Works Archives.

"APEX 2016 awards were based on excellence in graphic design, editorial content and the success of the entry - in the opinion of the judges - in achieving overall communications effectiveness and excellence," the contest sponsors said in a release.  "Each year, the quality of entries increases. Overall, this year's entries displayed an extraordinary level of quality.  The APEX judges saw only the most promising publications that professional communicators could enter.  From them, they had the truly difficult task of selecting the award-winning entries."

This year's contest saw more than 1,630 entries across 11 major categories and 100 subcategories.  There were 137 entries in the newsletter category and grand award winners included Excellus BlueCross BlueShield, and the Appalachian Long Distance Hikers Association.

"We have more than 4,000 subscribers and most, it seems, are accessing the Daily from their smartphones," said Michael Klein, USA Rice's vice president of marketing, communication, and domestic promotion.  "In January, we overhauled the USA Rice Daily not only to refresh the look but to make it more mobile device-friendly.  We've also started adding video elements to the Daily with links to stories that have generated well over 1,500 views so far this calendar year."

Klein said changes to the USA Rice Daily were done in coordination with the update of the USA Rice website.

"The new look of both the website and the Daily reflects a move to more image-driven presentation," he said.  "All the research we've seen points to the power of visual content and there is no doubt that its effectiveness continues to grow for online communication."

USA Rice Daily



Crop Progress:  2016 Crop 57 Percent Headed 

WASHINGTON, DC -- Fifty-seven percent of the nation's 2016 rice acreage is headed, according to yesterday's U.S. Department of Agriculture's Crop Progress Report.  Sixty-seven percent of the 2016 crop is in good to excellent condition. 

07/26/2016 Farm Bureau Market Report

Rice

High
Low
Long Grain Cash Bids
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Long Grain New Crop
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Futures:

ROUGH RICE


High
Low
Last
Change





Sep '16
1037.5
1000.0
1002.5
-33.5
Nov '16
1065.0
1027.0
1029.5
-33.5
Jan '17
1083.0
1083.0
1054.5
-33.5
Mar '17


1075.0
-33.5
May '17


1094.0
-33.5
Jul '17


1108.0
-33.5
Sep '17


1108.0
-33.5

Rice Comment

Rice futures posted huge losses in today’s trade. Large carryover stocks and large acreage with a lack of significant drop problems are limiting the upside potential. Today’s move puts September in position to retest the contract low of $9.90 and November in position to retest the contract low of $10.1


Rice biodiversity has collapsed in past 2,000 years


The first-ever DNA study of ancient rice sheds new light on where the crops came from. Bill Condie reports. 


Japanese short-grain rice, Oryza sativa or japonica – one of the two main cultivars in production today.
ULTRA.F/Getty Images
New DNA research suggests that there has been a dramatic decrease in the biodiversity of the world’s rice crop over the past 2,000 years.
It may be the staple food of a third of the people on Earth but we rely overwhelmingly on just two domestic varieties of rice – japonica and indica – and until now, we have had only a sketchy idea where they came from.
Scientists have always assumed that the shorter stickier japonica came from northeast Asia, where it is mostly cultivated today – Japan, Korea and northern China where indica is almost unheard of.
But a new DNA study – published in Molecular Biology and Evolution – challenges that assumption.
The research discovered that both japonica and indica varieties were being cultivated in Japan and on the Korean peninsula 2,000 years ago.
The research by Japanese and Chinese scientists studied samples of ancient, carbonised rice taken from archaeological sites in Japan and Korea.
They then compared the DNA sequences of the ancient with data from modern rice. The scientists believe the indica was either common in the northeast 2,000 years ago or that it was brought from China.
But the study also shows there were many more cultivars of rice 2,000 years ago.
“Development of civilisation and technologies has accelerated further reduction of genetic diversity in the modern era,” the authors write.
Modern communications allow farmers to compare crops and settle on the most productive strains, the researchers conclude.
https://cosmosmagazine.com/biology/rice-biodiversity-has-collapse-in-past-2-000-years




No blood found at crime spot: SP

Nazar Abbas | TNN | Jul 26, 2016, 10.51 PM IST
RAMPUR: Investigating the death of rice mill owner Jalal Ahmad alias Laddan, in which five police personnel have been booked for murder, the sleuths found no blood stains at the crime scene.
Giving details, superintendent of police, Rampur, Sanjeev Tyagi told TOI, "During the course of investigation, no blood stains were found inside the rice mill where the owner was allegedly beaten to death by the accused policemen."
He added that after the post-mortem, the doctor said despite the wounds the deceased had, he could have been walked for 5 minutes to 7 minutes.
Two persons who had fled from the mill when a team of five policemen, including two SIs, raided the mill after getting a tip-off the premises was being used for gambling, are still at large, the SP said. Efforts are on to trace them to record their statements, he added.
Promising a fair probe into the matter, Tyagi said the guilty would not go unpunished. "Now, the family members have also accepted that the Laddan's body was found one km away from the spot in another rice mill."
Two sub inspectors and three constables were booked on Monday for allegedly beating to death the rice mill owner in Kameri tehsil, 20 km from here, after residents staged a protest at the police station concerned.
The miller's brother, Ameer Ahmad, who is also the complainant of the FIR, had alleged that the cops had beaten Laddan to death because they believed that he had hidden money in the premises.
Stay updated on the go with Times of India News App. Click here to download it for your device.
http://timesofindia.indiatimes.com/city/bareilly/No-blood-found-at-crime-spot-SP/articleshow/53404122.cms

Six to be ordered to compensate state


SIRIVISH TOOMGUM
THE NATION July 27, 2016 1:00 am
COMMERCE Minister Apiradi Tantraporn recently signed orders demanding that the group of six politicians and senior officials linked to four government-to-government contracts for the sale of 6.2 million tonnes of rice provide compensation for financial losses connected to the allegedly fake deals.
The Commerce Ministry's Department of Foreign Trade (DFT) expects to send the administrative orders to these six persons by next week.

Prime Minister Prayut Chan-o-cha had asked her to proceed with the orders and she then told the DFT to carry them out, a ministry source who requested anonymity said yesterday.

These six persons have the right to appeal the orders to a court within 90 days of the date of receipt.

The National Anti-Corruption Commission has indicated that there are grounds to demand compensation from these six persons over the Bt20-billion G2G rice deals.
They are former commerce minister Boonsong Teriyapirom, his then-deputy Poom Sarapol, former secretary to the Commerce Ministry Weerawut Wajanaphukka, former DFT director-general Manas Soiploy, his then-deputy Tikhumporn Natvaratat, and the DFT's former director of foreign rice trade, Akharapong Chuaikliang.

Meanwhile, the Thailand Development Research Institute (TDRI) said the junta might need to consider invoking Article 44 of the interim charter to fast-track the release of low-grade rice in the government's stockpiles to industrial users in order to clear out all inventory quickly.

That would help quickly reduce inventory storage and related costs, Nipon Poapongsakorn, a distinguished TDRI fellow and head of a study on the issue, said during his presentation of the paper to the public.

Of the 9.7 million tonnes of rice remaining in the state's granaries, about 4.6 million tonnes is estimated to be of poor quality or substandard. This substandard rice needs a special mechanism to facilitate effective management and release.

All the stockpiles should be completely cleared out within two years to avoid inventory and other costs, which run about Bt18 billion per year, the study says.

The government should release its rice on a regular basis such as twice a month to complete the release in two or three years before the rice starts deteriorating, it says. No government should intervene in the price mechanism of any kind of farm product and keep products in storage, to avoid any related costs or losses.

The TDRI study was funded by the Agricultural Research Development Agency. It mainly focused on which is the best way to release rice at the least cost and with the least impact on rice farmers.

Pramote Vanichanont, honorary president of the Thai Rice Millers Association, said at the event yesterday in support of the recommendation that Article 44 would enable the exemption of some rules, which would allow agencies to clear out the low-grade rice quickly.

The government should draw up new ways to strengthen the rice industry, otherwise governments would have to subsidise rice sales every year, he said.

In a subsidy programme, the Yingluck Shinawatra government pledged 34.5 million tonnes of paddy rice, of which 18.07 million tonnes was sold.
http://www.nationmultimedia.com/business/Six-to-be-ordered-to-compensate-state-30291484.html

TEVTA to provide trained human resource to rice millers

By Webmaster -
July 26, 2016

Salim Ahmed
Lahore —TEVTA will in collaboration of Rice Export Association of Pakistan (REAP) will offer three months duration demand driven short courses for Technicians, Millar and Machine Operator for Rice Mills.An MoU in this regard has been signed between TEVTA and Rice Export Association of Pakistan (REAP). Chairperson TEVTA Irfan Qaiser Sheikh and Chairman REAP Muhammad Shafique signed the MoU. Representatives of Association Muhammad Kashif, Shahid Tarrat, Ali Hussam Afzal, Peer Nazim, Naveed Pirzada, Atique Salam, Taufeeq Ahmed, Riaz Ahmad, Aqib Chaudhry, TEVTA Officers Akhtar Abbas Bharwana Engr. Azhar Iqbal Shad, Amir Aziz, Ayesha Qazi, Maqsood Ahmed, Uzma Nadia, Umber Chattha, Sarfraz Anwar and other officers were also present.

On this occasion, Irfan Qaiser Sheikh said that TEVTA and REAP are joining hands to enhance the employability of skilled workforce for the socio-economic uplift of Pakistani youth. 1500 youth will be trained in these courses during a year. All these courses will be offered in TEVTA designated institutes whereas 2 month on-the-job training will be conducted at the rice mills nominated by REAP. All trainees will be provided stipend during their training period. TEVTA will also arrange Faculty for these courses. Curricula with the collaboration of REAP will also be designed. PBTE/TTB will conduct the examination and pass outs will be provided certification. TEVTA will also offer Recognition of Prior Learning (RPL) certification to the uncertified workforce presently working in different member organizations of REAP
http://pakobserver.net/2016/07/26/tevta-to-provide-trained-human-resource-to-rice-millers/





Pakistan assures China of 'smooth progress' of economic corridor

Last Updated: Monday, July 25, 2016 - 21:10
Beijing: Amid security concerns over the construction of the USD 46 billion China-Pakistan Economic Corridor, Pakistan today vowed to take steps to facilitate its 'smooth progress'.
"As this year marks the 65th anniversary of the establishment of bilateral ties, China is willing to work with Pakistan to develop the building of the China-Pakistan Economic Corridor to achieve mutual development," Chinese Vice Premier Zhang Gaoli told a Pakistan ruling party PML-N delegation led by Punjab Province Chief Minister Shahbaz Sharif.

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"With already friendly relations with the Pakistan Muslim League, the Communist Party of China looks forward to enhancing high-level exchanges and sharing experiences in state governance with the party," he said.
Shahbaz, who is Prime Minister Nawaz Sharif's brother, expressed sympathy for the residents of flood-hit areas in China and said 10,000 tonnes of rice would be donated by Pakistan, state-run Xinhua news agency reported.
"Pakistan will take measures to cooperate with China to facilitate the smooth progress of the economic corridor programme," Sharif said.
Sharif's remarks come amid security concerns over the construction of the corridor that will pass through PoK.
In May, a Chinese engineer and his Pakistani driver were injured in a roadside blast in Karachi, claimed by a little-known separatist group that vowed to derail the ambitious project.
India has already protested to China over the project as it passes through PoK.
The China-Pakistan Economic Corridor is a pilot project under the Belt and Road initiative.
China and Pakistan recently launched a host of projects focusing on energy and transport infrastructure, it said.
http://zeenews.india.com/news/world/pakistan-assures-china-of-smooth-progress-of-economic-corridor_1911505.html?fromNewsdog=1




Nigeria spends N1b daily on rice imports, says Onu

Posted By: Adamu Suleimanon: July 26, 2016
The Minister for Science and Technology, Dr. Ogbonanya Onu has said the country spends over N1 billion daily on the importation of rice.
He reiterated Federal Government’s focus on food security, saying Nigeria has no business importing food.
He said: ”It is lamentable that, the country is spending over N1 billion daily, on importing rice, for instance.”
Onu said its time every Nigerian takes agriculture more seriously, adding that Nigeria must feed Nigerians.
“There is no reason Nigerians will go to bed at night on an empty stomach,” he insisted. Onu who spoke in Sokoto yesterday while interacting with Senate members of the Usmanu Danfodiyo University, Sokoto said the Ministry was now focusing more on ensuring food security in the country.
He said more needed to be done to realise the lofty dreams for a stable and prosperous nation in food self sufficiency.
“Nigeria must also work hard in the area of the diversification of her energy sources and renewable energy is the key to unlocking her huge potentials,” he added.
He commended the university for rendering huge support to the Sokoto Energy Research Centre, which had enabled it to remain as a centre of excellence on renewable energy.
Speaking, the Director-General of the Energy Commission of Nigeria (ECN), Prof. Eli Bala, said renewable energy was indispensable in realising the change agenda of the Federal Governmen
http://thenationonlineng.net/nigeria-spends-n1b-daily-rice-imports-says-onu/



Commerce Ministry draws out strategy to streamline export procedure

PETCHANET PRATRUANGKRAI
THE NATION July 26, 2016 1:00 am
THE COMMERCE Ministry has drawn up a strategy to reduce rules and regulations on trade in strategic products, starting with rice.
The system will be started in September and should be fully operational by next year. The model will also be adopted for other key export products so that trade will grow strongly.

Under the measure, the ministry aims to reduce trade regulations by 83 per cent, which could cut exporters' costs by 60 per cent and reduce the time consumed by rice-export paperwork by 20 days.

Commerce Minister Apiradi Tantraporn said her ministry would continue to apply this model to other products so that exporters would be able to save cost, time and effort.

"With this added convenience, the country's trade should growth strongly as exporters will be encouraged to ship more at any time," she said.
Other products that will adopt this model include sugar, rubber and frozen foods.

Under the strategy, the ministry has followed the "national single window" plan and facilitated a paperless system. It has also adjusted the export system to an electronic platform to make procedures less complicated and reduce documentation. An e-payment system has also been adopted so that exporters will be able to save time and transport costs.

Seven government agencies and three private-sector organisations will be involved in the streamlining effort. They include the Internal Trade Department along with provincial Commerce Ministry offices, the Foreign Trade Department, the Customs Department, the Agriculture Department, the Disease Control Department, the Office of the Rice Inspection Committee, surveyors, and the Board of Trade.

The government plans to reduce the 14 activities exporters now need to carry out to only four, the number of documents required from 70 to 38, and time consumption from 24 days to four. The average cost of a rice-export operation has been cut from Bt12,140 to only Bt2,076.

The ministry will also provide a "digital signature" system for each export document to help reduce the cost of transport for enterprises.http://www.nationmultimedia.com/business/Commerce-Ministry-draws-out-strategy-to-streamline-30291395.html




Monsoon likely to see a revival from next week

Vinson Kurian
Thiruvananthapuram, July 26:  
Parts of peninsular India have been receiving showers over the past few days in what is considered a timid revival of the monsoon even as heavy showers remain confined in North and East India.
A more organised revival may materialise from next week, coinciding with the first few days of August, according to the European Centre for Medium-Range Weather Forecasts.
Pacific Typhoon
This is hinged on the formation of a typhoon (cyclone) in the South China Sea, west of the Philippines, and its track further west towards Hong Kong and adjoining South-West China.
The westward movement of typhoons in the North-West Pacific/South China Sea is considered beneficial to the Indian monsoon in terms of their impact on the Bay of Bengal.
In the instant case, the European Centre says the typhoon will send in a ‘pulse’ that will go on to set up a much-awaited low-pressure area in the Bay in early August (next week).
This ‘low’ will expectedly stimulate the monsoon and bring the rains back to peninsular India, most of which has been going through a lean phase since the first week of July.
Extended outlook
The US Climate Prediction Centre, too, shares the outlook, signalling heavy to very heavy rain on the West Coast right from Konkan-Mumbai to Coastal Karnataka from July 25 to 31.
Parts of the interior peninsular region, including Marathwada, Madhya Maharashtra, west Madhya Pradesh, east Rajasthan, Uttar Pradesh and Bihar, too, are forecast to receive above-normal rain.
The week that follows may witness excess showers over Telangana, Vidarbha, Madhya Pradesh, Chhattisgarh, Jharkhand, Punjab, Uttarakhand and Himachal Pradesh, apart from the West Coast.
Meanwhile, the European Centre, in its extended outlook, suggests that the monsoon will hold up mostly normal in August and September with excess rain indicated for parts of peninsular India.
(This article was published on July 26, 2016)
http://www.thehindubusinessline.com/economy/agri-business/monsoon-likely-to-see-a-revival-from-next-week/article8902390.ece





Ghana Rice Farmers Adopt E-Banking

July 26, 2016

Tigo Cash which is used for electronic monetary transactions over the Tigo network in Ghana, has steered the transfer of about US$345.765 to 1,800 smallholder rice farmers.
Rice Mobile Finance (RiMiFin) project by the Visa Foundation in partnership with Tigo Cash has made business transactions convenient for the local rice farmers in the Eastern and Volta region.
Due to this initiative, the farmers say they no longer experience delay in payments from aggregators and buyers. Eric Glatse, a rice farmer in the Kpong district, explained that he has been able to pay workers on time and purchase supplies through Tigo Cash.
“The added benefit of the mobile money wallet was such a relief, I don’t have to walk around with bulk cash right after harvest at the risk of robbers attacking me while in transit.”
The Ghana Country Manager of Agri-Business Systems International (ASI), Dr. Betty Anna, commended the security and convenience of the mobile money platform.
“The partnership with Tigo Cash is yielding excellent results. The farmers are able to track their payment and have quick and easy access to their funds in any location on any day of the week and more convenient times even outside formal banking hours,” she noted.
Mr Roshi Motman noted that the partnership is meant to transform the lives of smallholder rice farmers through financial inclusion and easy access to banking services.
“I am particularly happy that we are able to create an eco-system of cashless payments where the farmers could receive prompt payment for rice purchased after harvest, purchase local supplies and also send monies to their families for their upkeep,” she said.
The partners for this project include ASI, the Global Agri-Development Company Limited (GADCO), United States Agency for International Development (USAID), TIGO and the Visa Foundation
http://footprint2africa.com/ghana-rice-farmers-adopt-e-banking/


Tough times for Vietnam's rice exports
The rice price has continued to decline in the Mekong Delta according to the General Department of Processing and Trade for Agro-Forestry-Fisheries Products and Salt Production.
Falling prices and lower export quantities expected to continue into the future. 
In An Giang province the price for unprocessed IR50404 rice fell from VND4,200 ($0.18) per kilogram to VND4,000 ($0.17) between July 11 and 15, while OM 2541 rice fell from VND4,600 ($0.20) to VND 4,500 ($0.201) and OM 2717 from VND4,800 ($0.21) to VND4,700 ($0.21).
In Vinh Long province during the week from July 10 to 16, the price of unprocessed IR50404 rice was around VND4,100 ($0.183) per kilogram and processed rice around VND4,800 ($0.21). In Kien Giang, small grain rice was sold for around VND5,300 ($0.23) per kilogram and long grain rice about VND5,600 ($0.25). The free-on-board (FOB) price for 5 per cent broken rice from the summer - autumn crop fell to $360 - $365 per ton.
The falling rice prices are due to rice importers waiting for similar falls in Thai rice prices. On July 25, Thailand’s Ministry of Commerce will open bidding for the sale of 3.7 million tonnes of rice to reduce its stockpile to 6 million tonnes.
About 2.18 million tonnes will be sold to rice exporters and 730,000 to domestic consumers, while low quality rice will be sold to companies for other purposes.
According to the Vietnam Food Association (VFA), the lull in the rice export market since February is expected to continue into the future. VFA has therefore decided to cut the 2016 rice export target to 5.65 million tonnes from 6.5 million.
In the first quarter the rice price increased thanks to contracts signed last year with Indonesia and Philippines. After that, however, the price began heading down. In April rice exports totaled 450,000 tonnes, down 30 per cent year-on-year, in May 400,000 tonnes, down 23 per cent, and in June 2.657 million tonnes, down 2 per cent.
Major importers of Vietnamese rice have not showed any signs of importing more in the near future, especially traditional markets in Southeast Asia, VFA said.
At the end of June the national food authority in the Philippines said the country has sufficient rice to last from July to September, meaning it is in no hurry to import additional quantities. The largest rice importer of Vietnamese rice, China, which accounted for about 35 per cent of Vietnam’s total in the first half, is now buying less.
The Chinese Renminbi is also becoming weaker and this is an additional obstacle for Vietnamese rice exporters in selling rice to the country. Fortunately, though, rice demand in China is forecast to remain high.
The African market is the only bright spot for Vietnam’s rice exporters. In the first half of this year imports to the continent increased almost 11 per cent year-on-year.
The Ministry of Industry and Trade is planning to organize a conference on rice exports at the end of July to address the difficulties facing exporters.
http://english.vietnamnet.vn/fms/business/160903/tough-times-for-vietnam-s-rice-exports.html





Rice price rises in Nay Pyi Taw

By Htoo Thant   |   Tuesday, 26 July 2016
1
To the surprise of industry insiders, the price of rice in Nay Pyi Taw continues to rise. As of the last week of July, the price of one popular brand had reached almost K850,000 per 100 tins (each tin holds 9 gallons), entrepreneurs said.
Rates have been rising since May despite China’s refusal to legalise rice imports from Myanmar.
Ko Myo Linn Aung, who runs a rice storage facility in Pyinmana township, said the price of Ma Naw Thu Kha rice has reached almost K840,000 per 100 tins. “It rose by K20,000 to K30,000 just this month. The brand was selling at K750,000 in May, reaching K800,000 in June,” he said.
The price of other strains is also rising. Pearl Thwe cost K550,000 per 100 tins in June, but was selling at almost K600,000 this week. Less sought-after brands are going for K500,000 to K600,000 per 100 tins.
Myanmar’s most popular rice strains, Paw San Hmwe and Ayeyar Min, are not traded in Nay Pyi Taw.
Dealers are scratching their heads over the price rise. “This year is quite strange. The price is rising even though China has not issued any rice import permits. Usually, the value of rice goes up when the Chinese market opens,” said U Nay Soe on July 24.
Myanmar is trying to regain its position as a major world rice exporter and is encouraging farmers to sell to foreign markets. Rice strains such as Paw San Hmwe and Ayeyar Paday Thar have been particularly popular overseas, deputy agriculture minister U Tun Win told farmers in Magwe Region on July 12.
However, some customers are questioning the quality of Myanmar rice, he said. A shipment to Indonesia was held at the Surabaya Port earlier this year for three months for failing to comply with Indonesian rules.
“We heard they were reconsidering how much rice they wanted from Myanmar. In the meantime, our rice does not meet the food safety criteria in a number of markets, and has occasionally been rejected,” said U Nay Soe.
Nay Pyi Taw is regarded as a relatively expensive market for rice and other foodstuffs.
Ko Myo Lin Aung said, “Prices are higher in Nay Pyi Taw than the rest of the country. The rice we store here is bought in from Bago Region.”
Traders believe prices are likely to continue to rise. U Nay Soe said, “The highest prices in the year come in August, with the end of the summer paddy and before the rainy season paddy is harvested.”
http://www.mmtimes.com/index.php/business/21574-rice-price-rises-in-nay-pyi-taw.html

Port of South Louisiana to sign agreement with Cuban representatives in October

Daily Report Staff
July 25, 2016
In the wake of the recent trade mission to Cuba by Louisiana representatives, the Port of South Louisiana will sign a memorandum of understanding with the National Port Administration of Cuba in October to exchange ideas, knowledge and data with each other in the hopes of promoting trade between Louisiana and Cuba.
“I believe it is in our mutual interest to establish an alliance of cooperation so we can facilitate international trade by promoting the all-water route through the Port of South Louisiana and the ports of Cuba,” Paul Aucoin, executive director of the Port of South Louisiana, says in a news release.
Aucoin joined Louisiana Commissioner of Agriculture Mike Strain, three Port Commission members and more than 80 representatives from export facilities, rice farmers and Louisiana Economic Development, among other agencies, for a week-long tour of Cuba earlier in July. The tour included the new Port of Mariel, a state-of-the-art container port in the western part of Cuba, a news release says. Cuban officials also offered pointers to Louisiana officials about building a container facility within the Port of South Louisiana.
In the release, Strain says Louisiana could receive between a $300 million to $400 million boost in trade within just a few years by trading with Cuba.
“It would make perfect sense for Louisiana to expand commerce with one of its closest neighbors and historic trading partners, a relationship that was thriving prior to the trade embargo,” the release says.
https://www.businessreport.com/article/port-south-louisiana-sign-agreement-cuban-representatives-october




Nagpur Foodgrain Prices Open-27 July,2016

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Nagpur, July 27 Gram and tuar prices moved down in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on lack of demand from local millers amid good supply from
producing regions. Easy condition in Madhya Pradesh pulses and release of stock from stockists
also pulled down prices, according to sources. 
 
               *            *              *              *
 
    FOODGRAINS & PULSES
 
    GRAM
   * Gram varieties ruled steady in open market here matching the demand and supply 
     position.
 
     TUAR
   * Tuar gavarani quoted lower in open market here on poor demand from local traders 
     amid reports about increased overseas supply.  
 
   * Major rice varieties reported down in open market on poor demand from local traders 
     amid good supply from producing regions like Chhattisgarh and Madhya Pradesh.
                          
   * In Akola, Tuar New - 8,300-8,500, Tuar dal New - 12,800-13,100, Udid - 
     12,300-12,800, Udid Mogar (clean) - 16,200-16,900, Moong - 
     8,000-8,100, Moong Mogar (clean) 8,900-9,200, Gram - 7,900-8,200, 
     Gram Super best bold - 9,800-10,100 for 100 kg.
 
   * Wheat 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                6,800-7,850         6,800-7,960
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                6,800-7,800         7,800-8,800
     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            10,200-10,500        10,200-10,500
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            9,700-10,000        9,700-10,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            8,700-8,900        8,700-8,900
     Desi gram Raw                8,150-8,450         8,150-8,450
     Gram Yellow                 9,700-9,900        9,700-9,900
     Gram Kabuli                9,100-11,100        9,100-11,100
     Gram Pink                        9,500-9,800        9,500-9,800    
     Tuar Fataka Best-New             13,000-13,300        13,000-13,300
     Tuar Fataka Medium-New        12,400-12,800        12,400-12,800
     Tuar Dal Best Phod-New        12,000-12,300        12,000-12,300
     Tuar Dal Medium phod-New        11,100-11,600        11,100-11,600
     Tuar Gavarani New             8,450-8,650        8,500-8,700
     Tuar Karnataka             8,800-9,200        8,800-9,200
     Tuar Black                 12,100-12,900        12,100-12,900 
     Masoor dal best            7,500-7,700        7,500-7,700
     Masoor dal medium            6,600-7,100        6,600-7,100
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        8,500-9,500         8,500-9,500
     Moong Mogar Medium            7,800-8,200        7,800-8,200
     Moong dal Chilka            6,600-7,400        6,600-7,400
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            8,100-8,500        8,100-8,500
     Udid Mogar best (100 INR/KG) (New) 16,000-17,000       16,000-17,000 
     Udid Mogar Medium (100 INR/KG)    13,500-15,000        13,500-15,000    
     Udid Dal Black (100 INR/KG)        9,000-9,200        9,000-9,200     
     Batri dal (100 INR/KG)        6,300-6,800        6,300-6,800
     Lakhodi dal (100 INR/kg)          5,600-5,800         5,600-5,800
     Watana Dal (100 INR/KG)            4,100-4,200        4,100-4,200
     Watana White (100 INR/KG)           3,800-4,000           3,800-4,000
     Watana Green Best (100 INR/KG)    4,300-4,800        4,300-4,800   
     Wheat 308 (100 INR/KG)        1,850-1,950        1,850-1,950
     Wheat Mill quality (100 INR/KG)    2,000-2,050        2,000-2,050   
     Wheat Filter (100 INR/KG)         1,750-1,950        1,750-1,950
     Wheat Lokwan best (100 INR/KG)    2,250-2,400        2,250-2,400    
     Wheat Lokwan medium (100 INR/KG)   2,000-2,200        2,000-2,200
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-3,800        3,200-3,800    
     MP Sharbati Medium (100 INR/KG)    2,700-3,000        2,900-3,000           
     Rice BPT best New(100 INR/KG)    3,100-3,800        3,100-3,800    
     Rice BPT medium (100 INR/KG)        2,700-2,900        2,700-2,900    
     Rice Luchai (100 INR/KG)         2,500-2,700        2,500-2,700
     Rice Swarna best (100 INR/KG)      2,200-2,500        2,200-2,500   
     Rice Swarna medium (100 INR/KG)      1,900-2,100        1,900-2,100   
     Rice HMT best New (100 INR/KG)    3,700-4,000        3,700-4,000    
     Rice HMT medium (100 INR/KG)        3,000-3,300        3,000-3,300    
     Rice Shriram best New(100 INR/KG)    4,500-4,900        4,500-4,900 
     Rice Shriram med New(100 INR/KG)    4,000-4,300        4,000-4,300   
     Rice Basmati best (100 INR/KG)    9,500-14,000        9,500-14,000     
     Rice Basmati Medium (100 INR/KG)    7,000-8,000        7,000-8,000    
     Rice Chinnor best New(100 INR/KG)    5,400-5,800        5,400-5,800    
     Rice Chinnor med. New (100 INR/KG)    5,100-5,400        5,100-5,400    
     Jowar Gavarani (100 INR/KG)        1,900-2,100        1,900-2,100    
     Jowar CH-5 (100 INR/KG)         1,700-1,850        1,700-1,850
 
WEATHER (NAGPUR)  
Maximum temp. 31.7 degree Celsius (89.1 degree Fahrenheit), minimum temp.
23.7 degree Celsius (74.7 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : 2.5 mm
FORECAST: Generally cloudy sky. Rains or thunder-showers very likely to occur. Maximum and
minimum temperature would be around and 32 and 25 degree Celsius respectively.
 
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.)
http://in.reuters.com/article/nagpur-foodgrain-idINL4N1AD3CN


Rice Prices

print   ·   T+  
as on : 27-07-2016 02:40:45 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.

Arrivals
Price

Current
%
change
Season
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Bangalore(Kar)
1286.00
10.1
152631.00
4200
4200
-2.33
Jaunpur(UP)
650.00
62.5
3135.00
2060
2030
5.10
Manjeri(Ker)
290.00
NC
11600.00
3200
3200
-3.03
Gadarpur(Utr)
286.00
-86.52
128077.00
3000
2015
60.00
Baxirhat(WB)
240.00
-4
740.00
2300
2300
-
Vilthararoad(UP)
230.00
-
680.00
2090
-
6.36
Memari(WB)
210.00
-5.41
4856.00
2100
2100
13.51
Gondal(UP)
207.00
-3.72
13618.10
2050
2050
3.80
Roorkee(Utr)
180.00
-33.09
3915.00
2100
1400
NC
Azamgarh(UP)
175.00
12.9
5946.00
2230
2190
7.99
Shahjahanpur(UP)
156.00
-78.33
44601.70
2200
2200
8.64
Siliguri(WB)
95.00
-1.04
6223.00
2600
2600
-
Kalipur(WB)
92.00
8.24
6934.00
2350
2350
23.68
Faizabad(UP)
90.00
-5.26
4209.50
2260
2240
-
Kalna(WB)
90.00
-5.26
1956.00
2160
2160
16.76
P.O. Uparhali Guwahati(ASM)
88.00
7.58
3851.60
2230
2230
6.19
Aligarh(UP)
85.00
-5.56
4695.00
2380
2350
17.82
Basti(UP)
83.50
-14.36
5527.00
2050
2040
7.05
Pilibhit(UP)
80.00
-20
20302.50
2230
2235
2.06
Dhing(ASM)
76.00
-20
3622.20
1950
1950
NC
Ghaziabad(UP)
60.00
50
3405.00
2350
2340
8.80
Saharanpur(UP)
60.00
-7.69
6056.00
2390
2390
10.65
Ballia(UP)
50.00
25
7630.00
2090
2025
4.50
Kasimbazar(WB)
49.00
2.08
2285.50
2380
2380
3.48
Pandua(WB)
45.00
-6.25
2883.00
2800
2750
16.67
Gauripur(ASM)
42.50
NC
2964.50
4500
4500
NC
Cachar(ASM)
40.00
NC
2580.00
2500
2500
-7.41
Karimganj(ASM)
40.00
NC
1860.00
2200
2200
-4.35
Bareilly(UP)
38.50
-29.36
8102.10
2400
2375
11.63
Gazipur(UP)
38.00
8.57
2542.50
2110
2110
6.30
Achalda(UP)
35.00
75
4147.50
2245
2250
-1.75
Beldanga(WB)
33.00
1.54
2516.50
2380
2380
3.48
Lanka(ASM)
30.00
-14.29
3080.00
1800
1800
1.41
Jambusar(Kaavi)(Guj)
30.00
-
30.00
3500
-
-
Toofanganj(WB)
26.00
-
26.00
2300
-
-
Sambhal(UP)
25.00
92.31
272.00
2440
2410
12.70
Yusufpur(UP)
21.00
5
960.00
2050
2040
2.50
Aroor(Ker)
20.00
900
210.70
7300
7500
-17.98
Jasra(UP)
20.00
53.85
682.00
2250
2260
4.65
Alipurduar(WB)
20.00
NC
578.00
2300
2300
4.55
Parvathipuram(AP)
17.00
NC
34.00
3142
3143
-
Udala(Ori)
17.00
NC
919.00
2800
2800
7.69
Champadanga(WB)
15.00
50
1067.00
2650
2650
6.00
Jalpaiguri Sadar(WB)
15.00
7.14
839.00
2650
2600
-5.36
Naugarh(UP)
14.50
-12.12
865.50
2090
2090
7.73
North Lakhimpur(ASM)
13.50
-18.67
1719.80
1900
1900
-
Ramkrishanpur(Howrah)(WB)
13.00
-13.33
1266.50
2400
2400
-4.00
Giridih(Jha)
12.65
-19.12
273.43
3500
3500
NC
Kaliaganj(WB)
10.00
-33.33
853.00
2550
2500
2.00
Kolhapur(Laxmipuri)(Mah)
9.00
-10
2019.00
4000
4000
-
Mirzapur(UP)
9.00
20
1492.60
1985
1980
0.25
Cherthalai(Ker)
8.50
41.67
400.50
2150
2150
-15.69
Bolangir(Ori)
8.00
-5.88
336.70
2400
2300
9.09
Muradabad(UP)
8.00
-11.11
578.20
2420
2400
15.79
Chengannur(Ker)
7.50
50
667.50
2400
2400
-4.00
Tusura(Ori)
7.50
15.38
359.50
2400
2300
4.35
Arakalgud(Kar)
7.00
NC
39.00
2100
2200
-
Etah(UP)
7.00
-12.5
170.00
2260
2100
9.71
Firozabad(UP)
7.00
94.44
700.60
2220
2240
10.45
Baruipur(Canning)(WB)
6.50
12.07
49.20
2700
2700
-
Karsiyang(Matigara)(WB)
6.50
NC
136.70
2700
2700
-
Silapathar(ASM)
6.00
NC
684.80
3000
3000
NC
Nimapara(Ori)
6.00
33.33
251.00
1900
1900
NC
Dibrugarh(ASM)
5.80
26.09
1385.10
2450
2450
-
Raibareilly(UP)
5.50
-8.33
330.50
2100
2120
1.94
Raiganj(WB)
5.50
-8.33
990.00
2650
2600
1.92
Hailakandi(ASM)
4.00
NC
143.00
2500
2700
-7.41
Farukhabad(UP)
3.50
-30
221.20
2225
2210
NC
Alibagh(Mah)
3.00
NC
150.00
4000
4000
150.00
Murud(Mah)
3.00
NC
222.00
3000
3000
87.50
Islampur(WB)
3.00
-25
320.40
2350
2350
9.30
Karimpur(WB)
3.00
NC
100.00
3150
3150
NC
Jatni(Ori)
2.50
25
13.50
2250
2250
-
Bishalgarh(Tri)
2.50
NC
11.90
3000
2900
-6.25
Siyana(UP)
2.50
25
111.50
2220
2225
9.63
Melaghar(Tri)
2.00
NC
120.80
2450
2250
4.26
Lakhimpur(UP)
1.05
-89.5
202.05
2370
2350
10.23
Belthangdi(Kar)
1.00
-50
23.00
2800
2800
-
Khatauli(UP)
1.00
NC
36.50
2185
2220
4.05
http://www.thehindubusinessline.com/economy/agri-business/article8906489.ece





Rice Prices

print   ·   T+  
as on : 26-07-2016 08:10:33 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)
2122.00
-39.06
127791.00
2015
1973
7.47
Bhivandi(Mah)
1200.00
-27.27
17609.00
3200
3000
68.42
Bangalore(Kar)
1168.00
-33.94
151345.00
4200
4200
-2.33
Ahirora(UP)
160.00
1900
189.50
1975
1970
0.77
Dhing(ASM)
95.00
11.76
3546.20
1950
1950
NC
Kalna(WB)
95.00
-5
1866.00
2160
2155
16.76
Kalipur(WB)
85.00
41.67
6842.00
2350
2350
23.68
Etawah(UP)
60.00
NC
19430.00
2260
2265
-0.88
Kasimbazar(WB)
48.00
-4
2236.50
2380
2360
3.48
Purulia(WB)
36.00
20
2352.00
2500
2480
6.84
Lanka(ASM)
35.00
16.67
3050.00
1800
1800
1.41
Gazipur(UP)
35.00
25
2504.50
2110
2110
6.30
Beldanga(WB)
32.50
8.33
2483.50
2380
2350
3.48
Kolaghat(WB)
20.00
-4.76
859.00
2300
2300
NC
Tamluk (Medinipur E)(WB)
20.00
NC
878.00
2300
2300
9.52
Lohardaga(Jha)
17.00
-24.44
1231.00
1750
1700
-12.50
North Lakhimpur(ASM)
16.60
147.76
1706.30
1900
1900
-
Ichapuram(AP)
16.00
-
64.00
2800
-
NC
Robertsganj(UP)
11.00
-26.67
654.00
1960
1940
5.38
Alappuzha(Ker)
10.00
NC
180.00
4150
4150
10.67
Kolhapur(Laxmipuri)(Mah)
10.00
11.11
2010.00
4000
3800
-
Lakhimpur(UP)
10.00
-23.08
583.50
2370
2340
10.23
Champadanga(WB)
10.00
100
1052.00
2650
2650
6.00
Cherthalai(Ker)
8.50
-
20.50
11300
-
16.49
Bolangir(Ori)
8.50
6.25
328.70
2300
2400
4.55
Mirzapur(UP)
7.50
-6.25
1483.60
1980
1970
NC
Tusura(Ori)
6.50
-7.14
352.00
2300
2400
NC
Silapathar(ASM)
6.00
20
678.80
3000
3000
NC
Somvarpet(Kar)
5.00
-
5.00
4148
-
-
Dibrugarh(ASM)
4.60
-48.89
1379.30
2450
2450
-
Belthangdi(Kar)
2.00
-50
22.00
2800
2800
-
Mangaon(Mah)
2.00
-33.33
45.00
2800
2800
12.00
Siyana(UP)
2.00
NC
109.00
2225
2150
9.88
http://www.thehindubusinessline.com/economy/agri-business/article8901559.ece




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Section 44 urged for rice sales
The government is being urged to exercise the powerful Section 44 of the interim charter to cut red tape and speed up sales of state rice stocks.Nipon Poapongsakorn, a distinguished fellow at Thailand Development Research Institute (TDRI), said the government's rice sales of 750,000 tonnes over the past two years were considered relatively slow and small compared with the 17.3 million tonnes accumulated through various rice pledging schemes from 2011-14.Mr Nipon was speaking at a seminar jointly held by TDRI and the Agricultural Research Development Agency yesterday.

He said the government would be subject to more losses while rice stocks would be degraded on a gradual basis should it fail to speed up rice sales.The government is estimated to shoulder annual warehousing costs and interest of up to 18.3 billion baht or about 1,570 baht a tonne.Mr Nipon suggested the government sell rice stocks twice a month both on a whole-warehouse basis and a stack basis.Substandard rice suitable for animal feeds or ethanol production should not be sold on the whole-warehouse basis as this would incur hefty losses.The government could evoke Section 44 to cut complicated state procedures in selling rice, he said.

The government is estimated to control about 4.6 million tonnes of substandard and even rotten rice no longer suitable for human consumption.Mr Nipon said the government also needed to come up with control measures to prevent those grains from being resold to consumers.
"According to our study, the faster the government can sell its rice stocks, the lower the losses it will incur," he said.
TDRI estimates the government will face additional losses of 10 billion baht should it fail to dispose of rice stocks within a year.It estimates the rice scheme, which offered farmers prices much higher than market prices, cost the state about 580 billion baht based on rice prices as of May when milled rice was quoted at 14,000 baht a tonne. The losses were earlier estimated at 540 billion baht.

Mr Nipon said the heftiest losses were incurred largely from sales using fake government-to-government contracts without disclosing any information.He said transparent auctions are the best way to fetch good prices."The costly lesson we have learned from the rice pledging programme is that the government should not think about price intervention for all farm crops," he said. "Various and complicated state regulations don't facilitate rice sales."