Indonesian envoy believes peace in Pakistan to boost its exports
August 03, 2016
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FAISALABAD - Indonesian Ambassador Iwan
Suyudhie Amri has said Pakistan and Indonesia are now working to carve out a
mutually acceptable mechanism for the export of one million tonnes of rice from
Pakistan to Indonesia by 2019, which he said was a follow up on an MoU the two
countries had signed last December.
Addressing the members of Faisalabad Chamber of
Commerce and Industry (FCCI) here on Tuesday, the ambassador paid glowing
tributes to his predecessor, late Indonesian Ambassador Burhan Muhammad who
worked hard to bolster the bilateral relations between the two counties.
He said that after his tragic death in
helicopter crash, this was his first visit to Faisalabad.
“The objective of this visit is to introduce myself and to deliberate on enhancing bilateral trade between the two countries,” he added.
“The objective of this visit is to introduce myself and to deliberate on enhancing bilateral trade between the two countries,” he added.
Talking about relations between the two
countries, he said these were friendly and cordial since inception.
“However, now we should make serious efforts to transform these relations into strong economic ones,” he said, and added, “The volume of bilateral trade between the two countries is $2.
18 billion which is far less than the existing potential the two countries have.
However, it is maximum in case of ASEAN (Association of Southeast Asian Nations) countries.
”
“However, now we should make serious efforts to transform these relations into strong economic ones,” he said, and added, “The volume of bilateral trade between the two countries is $2.
18 billion which is far less than the existing potential the two countries have.
However, it is maximum in case of ASEAN (Association of Southeast Asian Nations) countries.
”
Amri added that no doubt the balance of trade
was in favour of Indonesia but the real issue was bilateral trade, as was the
case with China-Indonesia trade, which was in favour of China.
The Indonesian envoy said that in bilateral
trade, both countries got benefits.
“However, I think that exports from Pakistan should increase to a considerable level,” he said, and added, “The law and order situation has improved in Pakistan and it will definitely have a positive impact on its exports to Indonesia.”
“However, I think that exports from Pakistan should increase to a considerable level,” he said, and added, “The law and order situation has improved in Pakistan and it will definitely have a positive impact on its exports to Indonesia.”
Referring to CPEC, he said that it would
attract foreign investment and all regional countries would enjoy its
benefits. “Indonesia is a country with a huge population of 250
million.Our domestic market is very strong which has provided us a solid base
for speedy economic growth," he added.Responding to a question from a
businessman, he said that Indonesian government had postponed the execution of
a Pakistani involved in a narcotics case.
“It is government’s decision.Daily 40 to 50 deaths are reported due to narcotics and we have to root out this menace which is also eroding our social and moral values,” the ambassador informed.He said that in total population of 250 million, the number of addicts was 5.
1 million."It is not only a matter of concern for the government but also for the general public," he clarified.Regarding Halal food, he said, “Pakistan is speedily completing the process of Halal food certification, which will help it to export maximum Halal items to Indonesia.”
Commenting on people to people contacts, he
said that Indonesia was offering scholarships to Pakistani students, which
would bring both the communities closer to each other.
Replying to yet another question about health and education related reforms, he said that Indonesia had allocated 20 percent of its budget for education, and elementary level education in the country was free.
Replying to yet another question about health and education related reforms, he said that Indonesia had allocated 20 percent of its budget for education, and elementary level education in the country was free.
“Similarly, cross subsidy is offered in health
sector.The rich are charged while the poor get free treatment,” he said, and
hoped, “This system will be further improved in the coming years.
” He also assured to remove hurdles in the way of export of rock salt from Pakistan to Indonesia.
” He also assured to remove hurdles in the way of export of rock salt from Pakistan to Indonesia.
Earlier in his welcome address, Chaudhry
Muhammad Nawaz underlined the importance of existing bilateral trade between
Pakistan and Indonesia and said it was $2.
18 billion in 2015.“Pakistan’s exports to Indonesia are only $140 million, whereas Indonesian exports to Pakistan are $2041 million.
Thus the balance of trade is in favour of Indonesia,” he said.
18 billion in 2015.“Pakistan’s exports to Indonesia are only $140 million, whereas Indonesian exports to Pakistan are $2041 million.
Thus the balance of trade is in favour of Indonesia,” he said.
Syed Zia Alamdar Hussain, SVP FCCI, said that
both countries had inked Preferential Trade Agreement (PTA) in 2012.“It played
a major role in enhancing bilateral trade, and the trade volume that was only
$700 million in 2010 jumped to $2.18 billion in 2015,” he informed.He said that
Indonesia was a major country exporting Palm Oil to Pakistan.
“During the last four years, Indonesian exports to Pakistan have swollen from 30 percent to 83 percent,” he said, and added, “In 2015, Pakistan imported 2.
1 million tonnes of Palm Oil, out of which 70 percent came from Indonesia.
”
“During the last four years, Indonesian exports to Pakistan have swollen from 30 percent to 83 percent,” he said, and added, “In 2015, Pakistan imported 2.
1 million tonnes of Palm Oil, out of which 70 percent came from Indonesia.
”
Commenting on the Indonesian imports, he said
although Indonesia was a net producer of rice, yet it imported $351 million of
rice in 2015; but out of the total rice imported, only $51 million came from
Pakistan, which constitutes only 14 percent of the total Indonesian rice
imports.Similarly Indonesia also imported fruits worth $666 million, but again
the fruits imported from Pakistan were of $9 million only.He suggested that
Indonesia should convince its importers to make maximum imports of these items
from Pakistan.“Moreover, Indonesia could also import Rock Salt from Pakistan to
cater to its needs,” he added.
In this connection, he stressed direct links
between the business communities of the two countries in order to fully
capitalize on the available trade potential the two countries have.He further
said that Indonesia was a major member of the Association of South East Asian
Nations (ASEAN) and could also help Pakistan to have access to this $2 trillion
market.During question answer session, Muhammad Sanaullah Niazi, Chaudhary
Talat Mehmood and Khawaja Waqar raised interesting questions.
Mr Ahmad Hassan executive member FCCI offered
vote of thanks and demanded that Indonesia should appoint trade attaché in
Pakistan as our bilateral trade was growing at a much faster pace.
Later, Dr Habib Aslam Gabba presented FCCI
memento to Indonesian Ambassador Mr Iwan Suyudhie Amri while Indonesian
ambassador also presented a symbol of Indonesia to Chaudhary Muhammad Nawz
president FCCI.
http://nation.com.pk/business/03-Aug-2016/indonesian-envoy-believes-peace-in-pakistan-to-boost-its-exports
Gloomy forecast for Cambodia's rice sector
Wed, 3 August 2016
An industry analyst has issued a dire forecast
for Cambodia’s rice sector, claiming the long-grain “white gold” that has been
credited with lifting millions of Cambodia’s farmers out of abject poverty, and
which seems a natural fit for the Kingdom’s agrarian workforce, is on a
downward trajectory.Jim Plamondon, a former technical evangelist for Microsoft who is developing new marketing strategies for Cambodian rice varieties, says the Kingdom’s rice industry – the lifeblood of its agricultural economy – is headed for a brutal and imminent consolidation.
Those in the industry who think sliding rice prices will recover, or reducing overhead costs will make Cambodia competitive against its heavyweight neighbours, are in for a rude awakening.
According to Plamondon, the surge in world rice prices a decade ago that prompted many of Cambodia’s rice exporters to join the industry was an aberration. The predominant trend for rice prices – as it has been for the last 400 years – is down.
“When the price of rice started rising in 2006, and then spiked in 2008, that was great news for Cambodia’s subsistence rice farmers,” he says. “Then rice stayed high in 2011, partly because everybody was hoarding rice to make sure this [global supply shortage] wouldn’t recur, but ever since then it has been coming down.”
The majority of Cambodia’s rice exporters cut their teeth during these peak-rice years, investing in mills and distribution networks while reaping stellar profits on export shipments.
“[Peak prices] were normal to them, but they were not normal to the world, which has seen rice prices [as a percentage of wages] steadily declining for centuries,” explains Plamondon.
Rice was one of a raft of commodities caught in a global supply shortage in the mid-2000s as producers raced to scale up production to meet the voracious demand of China and other emerging economies. But now there is a global glut of supply and the world’s rice exporters are facing hard times, as profits continue to shrink, leaving only the hardiest contenders in the race.
In April 2008, Thailand was quoting a metric tonne of 5-per cent broken milled rice for US delivery at $1,020 per tonne. Today, it ships for about $417 per tonne, having rebounded from a nadir of $354 per tonne last December.
Ominously, Cambodia’s rice exports fell six per cent during the first half of the year, while rice exports from Vietnam dropped by 32 per cent despite cost-competitive pricing. Exports from emerging rice powerhouse Myanmar plummeted 63 per cent year-on-year during its latest dry season harvest.
The UN Food and Agriculture Organisation (FAO) has forecast the total worldwide trade of rice at 43.9 million tonnes this year, indicating a second successive year of contraction due to oversupply.
“Much of the projected fall would reflect import reductions in the Far East, where key buyers such as Bangladesh, China (Mainland), the Philippines and Sri Lanka may lower their purchases amid ample availabilities on store and/or increased border protection,” the agency said in its July 2016 Rice Market Monitor.
Yet even with the world awash in cheap rice, many exporting countries are planning to increase production. Myanmar is looking to triple rice exports in the coming three years, while Cambodia is still pining for its elusive one-million-tonnes a year export goal – about double what the country shipped last year.
Plamondon describes this strategy of ramping up the production of commodity as its prices continue to fall as a “race to the bottom.”
“This is not about Cambodia’s rice industry – there is a worldwide glut of supply, so there must be a retraction,” he says.
“I do not believe Cambodia’s rice industry is on the verge of collapse, but it is on the brink of a consolidation, and that means a lot of farmers and millers are going to go broke.”
There are signs it is already happening.
According to Moul Sarith, secretary-general of the Cambodian Rice Federation (CRF), low margins and increased competition from neighbouring countries have forced at least five small- and medium-sized Cambodian rice millers out of business in the last year.
“They could not overcome the challenges and had to shut down,” he said, adding: “If no action is taken to support the sector, more millers will go bankrupt in the next six months.”
In total, up to 50 per cent of the nation’s rice millers could be out of business by the end of the year, he added.
Yet Sarith remains confident there is a way out, explaining that millers have capacity but lack capital to purchase enough rice paddy to operate efficiently.
“Even with rice export prices lower than they were last year, exports are still profitable, though those profits are smaller,” he said, adding that the government has pledged up facilitate up to $30 million in emergency loans for millers and exporters to help shore up the industry.
Capital will not solve the problems plaguing Cambodia’s rice sector, insists Plamondon, but it could determine who survives.
“There’s going to be a significant retrenchment – only those with access to capital and plans for growth [will survive],” he said.
“New mills are more efficient than old ones, so many older, smaller mills will be out-competed. But even new mills will be squeezed out by [bigger and more efficient operations in] Vietnam and Thailand, especially if they’re burdened by debt.”
According to Kann Kunthy, CEO of Battambang Rice Investment Co Ltd (BRICo), a consolidation is already taking shape. By his calculation, nearly half of all millers have either shuttered operations or been bought out by bigger operations.
Those that remain are increasingly turning to business “alliances” to increase their economies of scale.
“Most of our rice millers will have to consolidate in order to survive,” he said. “Facing a long-term downswing, millers are forging alliances to process paddy as a survival strategy.”
As examples, he cited new “cooperation” agreements between Asia Gold Rice and Crystal Mill Rice, and between Apsara Rice and Soma Group.
BRICo, which has invested $15 million since 2014 into its milling operations and has a hefty capacity of 24,000 tonnes per year, has managed to keep its head above water, Kunthy insists.
But while the company’s exports continue to grow, he admitted “even we are feeling the impact, just like the rest of the rice sector.”
Rice marked with current market prices is
displayed outside a warehouse in Phnom Penh’s Daun Penh district yesterday
afternoon. Heng
Chivoan
http://www.phnompenhpost.com/business/gloomy-forecast-cambodias-rice-sector
Food output to remain flat in 2015-16; commercial crops to dip
New Delhi, Aug 2:
Reinforcing
its earlier assessment, the Centre has pegged foodgrain production in the
country at 252.22 million tonnes (mt) in 2015-16 in its fourth advance
estimates — almost the same as 2014-15’s (July-June) production of 252.02 mt.
Production
of major commercial crops in 2015-16, including cotton, sugarcane and oilseeds,
was lower than in the previous year, according to the fourth advance estimates.
While
overall foodgrain production is the same in the fourth advance estimate as in
the third estimate announced in May, there are small changes in individual
projections for most major crops, including rice, wheat and pulses.
All
foodgrain crops, with the exception of wheat and cereals, declined in 2015-16
compared with the previous year.
Cereals output
Rice
production in 2015-16, at 104.32 mt, was lower than last year’s 105.48 mt.
Wheat production at 93.50 mt in 2015-16 was higher than the previous year’s
88.94 mt.
Production
of pulses was at 16.47 mt (17.15 mt).
Cereal
production was higher at 235.76 mt compared with 234.87 mt the year before.
Production
of jowar, bajra, maize, ragi, small millets and barley at 4.41 mt, 8.06 mt,
21.81 mt, 1.79 mt, 0.37 mt and 1.51 mt, respectively, in 2015-16 were all lower
than the previous year.
Sugarcane
production, as per the fourth estimate, at 3,521.63 lakh tonnes (lt), was lower
than the previous year’s production of 3,623.33 lt.
Cotton
production was 301.47 lt (348.05 lt).
Oilseeds
production, at 253.04 lt was also lower than the previous year’s production at
275.11 lt.
(This article was published on August 2, 2016)
http://www.thehindubusinessline.com/economy/agri-business/pulses-output-down-4-in-fy16-foodgrains-slightly-up/article8933765.ece
2016 Rice Expo to feature details on ag drones, new varieties
Posted August 1, 2016 -
2:22pm
By Ryan McGeeney
Special to The Commercial
The 2016
Arkansas Rice Expo will have plenty to offer attendees: Those who grow, those
who cook and those who eat one of the state’s top row crops. And this year’s
iteration of the annual expo in Stuttgart will feature demonstrations and
experts speaking about aspects of rice in Arkansas.Special to The Commercial
The Arkansas Rice Expo returns to Stuttgart’s Grand Prairie Center Wednesday, Aug. 10. The doors open at 8 a.m. and will finish up with a complementary lunch.
Drones
Terry Spurlock, extension plant pathologist for the University of Arkansas System Division of Agriculture, will deliver a presentation on the state of unmanned aerial vehicles, commonly known as UAVs or “drones,” and their potential applications for agriculture.
“Drone use in Arkansas agriculture is fairly spotty right now,” Spurlock said. “There’s the hobbyists aspect of this — people that are operating small drones as hobbyists, they’re probably flying fields and don’t realize they’re not exactly following the rules when the intent becomes commercial.”
In late August, Part 107 of the Federal Aviation Regulations, which addresses small UAVs, is scheduled to go into effect. Spurlock said the new rules will impact how the use of drones in agricultural areas is regulated.
“Use is going to escalate, and I think the hobbyist use is just going to turn into commercial applications,” he said. “The [Federal Aviation Administration] is providing a means for operators to become certified and licensed.”
Spurlock said he will also talk about the use of various sensor technologies and georeferenced data to analyze different aspects of crop fields, including disease detection, plant population density and field elevation.
Spurlock said Brad Fausett, CEO of Arkansas UAV, will be addressing attendees as a part of the presentation as well.
Field tours
This year’s expo will also feature several field tours, providing attendees the opportunity to see the latest University of Arkansas rice variety releases, as well as some potential variety releases still in development.
“We’ll be discussing current and future prospects for variety releases, including long grain, medium grain and hybrid programs,” said Jarrod Hardke, extension rice agronomist for the Division of Agriculture. “People will get an up-close look at our two most recent releases, as well as potential releases coming in the next couple of years.
Hardke said Rice Research and Extension Center faculty hope to drain a field just in time for observation day, so that people can actually walk out into it.
“You just get a better feel for the characteristics of the variety — the panicle length, the way the plant’s structured, how it stands up,” Hardke said. “You can see its natural color, and just how it’s going to look and act in the field, which you can only do so much of from a few steps back.”
The tour will also feature presentations focusing on growing resistance issues in weeds in both rice and soybeans.
“We have a lot of concern over managing these weed populations, since the majority of our rice is rotated directly with soybeans,” Hardke said. “[Professors] Jason Norsworthy and Tom Barber will be discussing how these two crops are going to work together with the new herbicide technologies that we have coming forward in both crops, and how that’s going to work and help manage resistance in the future.”
Rice irrigation and water management
The third stop on the tour will feature presentation on rice irrigation and water management. Assistant professor Chris Henry and irrigation educator Mike Hamilton will discuss aspects of irrigation efficiency, multiple-inlet irrigation and other practices.
“The real value of field tours is to see the in-the-field work and efforts of our research and extension faculty,” Hardke said. “It’s the opportunity to see and interact with our research and extension faculty and see what the critical areas are for us right now in rice production. We want to give growers new tools to help improve their operations.”
Details: A Cooperative Extension Service agent or www.uaex.edu
The University of Arkansas System Division of Agriculture offers all its Extension and Research programs and services without discrimination.
— Ryan McGeeney is with the U of A System Division of Agriculture
http://pbcommercial.com/news/area-digest/2016-rice-expo-feature-details-ag-drones-new-varieties
Govt
permits basmati rice exports via land custom stations
Aug 02, 2016, 10.22 AM | Source: PTI
"In addition to the EDI (electronic data
interchange) ports, export of basmati rice will now be permitted through land
custom stations on Indo-Bangladesh and Indo-Nepal border also subject to
registration of quantity with DGFT (Director General of Foreign Trade), the
commerce ministry said in a notification. | 1 Comments Govt permits basmati
rice exports via land custom stations Government permitted exports of basmati
rice through land custom stations on Indo-Bangladesh and Indo-Nepal border.
"In addition to the EDI (electronic data
interchange) ports, export of basmati rice will now be permitted through land
custom stations on Indo-Bangladesh and Indo-Nepal border also subject to
registration of quantity with DGFT (Director General of Foreign Trade), the
commerce ministry said in a notification. It also said exports of basmati shall
not be permitted on the basis of documents against acceptance unless such
export is covered either by bank guarantee or ECGC guarantee with effect from
October 1. ECGC Ltd (Export Credit Guarantee Corporation of India Ltd),
wholly-owned by the government with the objective of promoting exports from the
country by providing credit risk insurance and related services for exports. India's
rice exports in 2015-16 stood at USD 5.79 billion. It was USD 459.39 million in
April this year
http://www.moneycontrol.com/news/economy/govt-permits-basmati-rice-exports-via-land-custom-stations_7167521.html?utm_source=ref_article
http://www.moneycontrol.com/news/economy/govt-permits-basmati-rice-exports-via-land-custom-stations_7167521.html?utm_source=ref_article
Jazaa in every meal
Published in Jul-Aug 2016
Junaid Jamshed launches Jazaa rice. Despite an
international taste preference and demand for Pakistani rice, Pakistan has
dropped to 13th place in terms of global rice production (despite the
opportunity to increase its market size by 50%), mainly because of a lack of
quality variants (Source: United States Department of Agriculture, 2016).
Recognising this demand-supply gap, Jazaa Foods (an FMCG company established by
Junaid Jamshed in November 2015) launched Jazaa rice in March this year as a
premium quality brand designed to tap into this global market potential.
The
Pakistan Bureau of Statistics estimates the total volume of the rice industry
at approximately 6.9 million metric tons, of which 40 to 45% goes towards local
consumption and the rest is exported. The category comprises basmati
(Pakistan’s claim to fame, grown in Punjab), irri (cultivated in Sindh),
parboiled (colloquially known as sela in Punjab) and brown rice (grown on a very
limited scale on rocky terrains in Northern Pakistan).
According
to Ali Jabbar, CEO, Jazaa Foods, “as a staple crop, rice has traditionally been
dominated by wholesale suppliers, where the business model relies on low-cost
milling and production – and the hope of a steady monsoon season.”
Unbranded
khulla chawal
accounts for almost 96% of the total industry output. There are only a handful
of branded players and these include Matco’s Falak, Engro Eximp’s Rymah and
Guard Basmati – the focus here has always been on export markets, because of
the higher profit margins. Jabbar says, “there was no brand catering to the
growing domestic demand for quality, branded rice and we wanted to take
advantage of this gap.”
Given
that rice has the third largest crop production output in Pakistan (Source:
Pakistan Bureau of Statistics, 2015), supply was not a problem and according to
Jamshed, Director, Jazaa Foods, the “real challenge was to select rice variants
of the highest quality, add value through standardised milling, and bring Jazaa
rice to market as an affordable product of the highest quality.”
The name
of the company as well as the brand originated from this extensive focus on
delivering value-added products. Jazaa translates to ‘reward’ or a ‘fulfilling
return’, which is appropriate, as Jamshed’s vision for Jazaa Foods is to
establish Pakistan’s first FMCG initiative producing branded consumption
commodities of the highest quality.
"Despite the stringent quality control standards the product was subjected to, I wanted to ensure that Jazaa rice remains affordable for every Pakistani household.”
— Junaid Jamshed
Interestingly,
the inspiration for Jazaa rice came from the Indian brand Tilda, a major player
in the international market, which relies on delivering the best tasting rice.
“I wanted to replicate Tilda’s success in Pakistan, which is why despite the
stringent quality control standards the product was subjected to, I wanted to
ensure that Jazaa rice would remain affordable for every Pakistani household.”
Implementing
this vision meant that the pricing strategy had to be carefully devised so that
the brand would be affordable across most socio-economic groups. To ensure
this, Jazaa rice was launched in five variants, each of which has two SKUs:
Jazaa Elite Steam Rice (Rs 199/one kg; Rs 985/five kg), Jazaa Premium Basmati
(Rs 170/one kg; Rs 840/five kg), Sela Gold Rice (Rs 160/one kg; Rs 790/five
kg), Basmati Rice (Rs 140/one kg; Rs 690/five kg) and Economy Rice (Rs 110/one
kg; Rs 540/5 kg). To put it into context, a one-kilogram pack of unbranded rice
sells for between Rs 90 and 100, while a similar quantity of branded rice is
priced at between Rs 120 and 160.
However,
Jamshed was keen to ensure that this affordability did not come at the expense
of product quality. “From the onset, I believed that to grab market share,
Jazaa rice would have to deliver quality and taste in every pack.”
Industry
insiders have often pinpointed the lack of adequate processing facilities as
the reason why Pakistani rice is of poor quality and Jazaa Foods expected to
encounter a similar challenge. However, the team was pleasantly surprised to
find that a robust infrastructure for refining, processing and packaging rice
was already in place. The problem, they discovered, is that the major rice
players prefer to minimise the cost of production and are thus unwilling to
make the required investment to improve quality.
Jazaa
Foods, however, believe that investing time and money early on will hold the
brand in good stead and yield optimal returns in the long run. Therefore, from
the time the rice is purchased from designated plantations in Punjab to when it
is transported to the milling unit at Port Qasim, the company closely monitors
the supply chain. Furthermore, prior to packaging, every grain of rice is
inspected by an internationally trained, in-house quality assurance team, and
it is only after their approval that the rice is packaged for distribution.
According to Jamshed, “the critical success factors for Jazaa rice, locally and
internationally, are extensive refining as well as packaging that is not only
attractive, but complies with international food packaging regulations.”
While
the brand vision is to take Jazaa rice global, currently the brand’s distribution
(which began in Karachi) has been limited to supermarkets, grocery shops and kiryana stores
across Pakistan.
In what
can safely be termed a packaging innovation for branded rice in Pakistan, the
pack of each of the five variants carries a product shot of a meal cooked with
that particular rice variety. This has not only helped the packaging to grab
eyeballs on retail shelves, but, as Jabbar explains, “it has helped to create
awareness about which kind of rice is most suited for which recipe. For instance,
most people are unaware that sela rice is ideal for biryani and pulao.”
In the
four months since launch, Jazaa rice has managed to carve out a place for
itself. The Jazaa Foods team is particularly proud of this achievement because
instead of opting for an extensive ATL-driven prelaunch campaign, they opted to
let word-of-mouth promotions drive sales. In addition, a chunk of the initial
marketing budget was allocated to trade activation initiatives, including
having store inceptors at selected outlets hand out product samples to generate
trial and consumption. “The rationale,” Jamshed states, “was that once people
experience the taste of Jazaa rice, they will not be satisfied with any other
brand or variety of rice.” Product placement in cooking shows, particularly
during Ramazan, was also a strategy that helped increase brand awareness and
recall.
To make
the brand even more accessible, free home delivery within Karachi is being
offered and orders can be placed by logging on to jazaafoods.com. “The advantage,”
Jabbar says, “is that there is no minimum order quantity and people can order
even a pack of one kilogram.”
A
traditional ATL campaign, conceived, designed and executed by Elan Advertising,
was launched after the product distribution had started.
Planning
is now underway to launch export operations, where the challenge will be the
extensive product quality and packaging regulations.
Considering
Jazaa rice’s export potential, Jamshed adds that, “I realise that our expenses
will increase substantially, but in my experience, the export market is where
the maximum profits are. An important incentive is the presence of large
Pakistani expatriate communities in those markets who will welcome a quality
brand that will give the traditional aroma and flavour they are accustomed to.”
More Rice Bound for China
China plans to increase its rice import quota
from Cambodia next year as the Kingdom braces for possible cutbacks by the
European Union (EU) to limit milled rice imports from least developed countries
(LDCs).Minister of Commerce Pan Sorasak said yesterday that his Chinese
counterpart Gao Hucheng agreed at a bilateral trade meeting to increase China’s
import of milled rice from Cambodia and to review the import quotas every
year.“We have asked China to increase its import quota of milled rice from
Cambodia, and now they [China] agreed to what we requested,” said Mr. Sorasak.
“China will import another 200,000 metric tons
of milled rice in 2017 on top of their current rice imports from Cambodia. Both
sides agreed to review the outcomes of this bilateral trade cooperation every
year,” he added.China’s commerce minister Mr. Gao is currently on an official
visit to Cambodia to discuss roads, railways, airport construction, agriculture
and other projects with senior government officials.Cambodia’s request to China
comes just after last month’s visit by delegations from the Brussels-based
European Commission’s Directorate-General for Agriculture and Rural Development
and the Directorate-General for Trade. Both delegations advised Cambodia’s rice
industry to seek other markets and not just concentrate its exports to Europe,
as the country moves from a low-income country in its LDC status to a
lower-middle income nation.
An EU source who did not want to be named told
Khmer Times that the visiting delegations from Brussels hinted the EU could
limit rice imports from LDCs in the “Everything but Arms” (EBA) trade
concessions to about 300,000 to 350,000 tons a year. Both Cambodia and Myanmar
are the only LDCs recognized in the EBA trade concessions and rice exports from
both countries have unfettered access to EU markets. “This means Cambodia would
need to share these new EU quotas with Myanmar in the very near future,” said
the source.
Last year, the total amount of Cambodian milled
rice exported reached some 538,396 tons, according to the Cambodian Rice
Federation, with 43 percent exported to the EU.Mr. Sorasak, however, was
optimistic that the EU would not cut back on its import of milled rice from
Cambodia.“Cambodia still has preferential access to the EU’s rice markets. They
[EU] just want to make sure that we export good-quality rice,” said Mr.
Sorasak.
Hun Lak, Cambodia Rice Federation’s vice
president, told Khmer Times that both China and Cambodia had already agreed on
the import quota of 100,000 tons.
Mr. Hun Lak added that it was an opportune
moment now, with China agreeing to import more rice from the Kingdom, for
Cambodia to make its milled rice competitive in the international
market.“Though the quality of Cambodian rice is good, its price is $60 higher
per metric ton compared to a neighboring country,” he added. Though referring
to Vietnam, Mr. Hun Lak did not name it outright.
“We have to find a way to lower production
costs to keep our rice prices low,” he said.
http://www.khmertimeskh.com/news/27961/more-rice-bound-for-china/
Govt allows basmati exports via land custom stations
The government has permitted exports of basmati
rice through land custom stations on Indo-Nepal border and Indo-Bangladesh
border.
The
Dollar Business Bureau Amid India’s falling basmati rice imports, now for the last two consecutive fiscals i.e. 2014-15 and 2015-16, the government has permitted outbound shipments of basmati rice through land custom stations on Indo-Nepal border and Indo-Bangladesh.
“In addition to the EDI (electronic data interchange) ports, export of basmati rice will now be permitted through land custom stations on Indo-Bangladesh and Indo-Nepal border also subject to registration of quantity with DGFT (Director General of Foreign Trade),” the Ministry of Commerce said in a statement on Monday.
The ministry also said the government would not allow exports of basmati rice on the basis of documents against acceptance, unless exports are insured either by ECGC (Export Credit Guarantee Corporation of India), a government-owned company giving credit risk insurance and other related services to exporters with an objective of encouraging exports, or bank with effect from October.
Last month, the government announced a ban on following the business practices of documents against acceptance, in which basmati rice consignments were shipped without prior settlements of prices.
India’s basmati exports tanked from almost $5.03 billion in 2013-14 to about $4.77 billion in 2014-15 and over $3.86 billion in 2015-16.
India’s imports of basmati rice to Bangladesh had earlier come to a standstill after the latter doubled the import duty on Indian basmati.
In past, Iran imported a significant chunk of India’s basmati rice, about a million tonnes on an average, owing to its restricted overseas market access due to US-led sanctions. After the sanction was lifted, Iran imposed a ban on imports of basmati rice, but it resumed imports later in January this year.
India alone accounts for about 85% of the global basmati rice shipments. According to ICRA’s latest estimation, India’s basmati exports will see a rebound later this year, more so during the second half of the 2016-17 fiscal, due to a surged demand in its key overseas markets.
Iran, too, had earlier conveyed its intent to stimulate the Indian basmati rice imports from July 23 onwards to protect its growers who were predominantly producing rice keeping in mind the demand of the Iranian buyers.
https://www.thedollarbusiness.com/news/govt-allows-basmati-exports-via-land-custom-stations/47549
Yingluck rice-loss bill cut to B286bn
2 Aug 2016 at 04:00 11,432 viewed24 comments
NEWSPAPER SECTION: NEWS | WRITER: NATTAYA CHETCHOTIROS
Former prime minister Yingluck Shinawatra has also been on trial at the Supreme Court's Criminal Division for Political Office-Holders for the past year. (Bangkok Post file photo)
Former prime minister Yingluck Shinawatra will be fined 286.6 billion baht in compensation for losses incurred by her government's rice-pledging scheme following the latest evaluation by a government panel.
Jirachai Moonthongroy, deputy permanent secretary at the Prime Minister's Office, who headed a committee looking into administrative offences involving the rice programme, reported the findings to Prime Minister's Office Minister ML Panadda Diskul Monday.
ML Panadda said the panel also reported that former commerce minister Boonsong Teriyapirom and five former key ministry officials are liable to pay 18.7 billion baht in compensation for bogus government-to-government (G2G) rice deals.
He noted the Yingluck administration received 13.3 million tonnes of paddy under the pledging programme, adding that less than one million tonnes was exported and 13 million tonnes were kept in warehouses.ML Panadda insisted the government is probing the case honestly and transparently without prejudice.
"The figures came from a thorough deliberation process from all parties participating in the meetings," the minister said, adding state agencies must be held accountable for what they have done.
"The use of power has to be carried out with care. Civil servants need to learn they cannot do everything they want."
The 286.6-billion-baht damage evaluation is much lower than the more than 500 billion baht previously evaluated by a panel of the Finance Ministry.Mr Jirachai said the latest figure will be forwarded to a committee on civil liability, chaired by the comptroller-general, to consider whether to seek compensation for the sum from Ms Yingluck.
Under the process, if the panel agrees, it will have to request that Prime Minister Prayut Chan-o-cha issue an administrative order to demand compensation from Ms Yingluck, said a government source.
The findings will also be reported to the national rice policy and management committee, chaired by the prime minister, tomorrow, Mr Jirachai added.
Mr Jirachai said the panel, chaired by the comptroller-general, has agreed to push up the liability for Mr Boonsong and other former ministerial officials to 20 billion baht instead of the 18 billion baht proposed by his committee.
Meanwhile, the Commerce Ministry says it will write to Mr Boonsong and the five ex-ministerial officials demanding they reimburse the losses incurred by the G2G rice deals.Duangporn Rodphaya, director-general of the Foreign Trade Department, said the administrative order letters will be signed by Commerce Minister Apiradi Tantraporn and sent to the offenders, who will have 30 days to pay.
If they fail to pay, another notification letter would be sent to them within 15 days, she said.
If they still ignore it, another letter indicating enforcement measures will be issued and a working panel will be formed to discuss with representatives from the legal execution department, the Anti-Money Laundering Office (Amlo) and prosecutors whether to seize their assets, Ms Duangporn added.he six offenders however can petition the Administrative Court, asking it to revoke the administrative order once they receive it, she said.
This will also depend on what the alleged offenders petition against, such as the revocation of the order or the amount of money they are required to pay.If the court dismisses the petition, the enforcement in line with the administration order can proceed, Ms Duangporn added.
"Now it is a matter of the legal process. The department sent the administrative order to the commerce minister to sign last Friday. The letters indicated clearly the amount the six have to compensate. They will be sent after they are signed," said Ms Duangporn.
Ms Yingluck is accused of dereliction of duty for failing to stop her government's loss-ridden rice scheme despite being warned of the potential damage. Her case in the Supreme Court's Criminal Division for Political Office-Holders is still ongoing.
Mr Jirachai testified in court on May 13 that Ms Yingluck's rice scheme led to 510.6 billion baht in losses. By May 22, 2014, the project's cost stood at 653 billion baht, plus the 24 billion baht in management expenses and 30 billion baht in interest payments.
The scheme had made 189 billion baht in revenue.
As for the loss of 510.6 billion baht, the committee subtracted farmers' benefits and interest payments and found Ms Yingluck was still liable for 286.6 billion baht in losses, he told the court.
Some Arkansas rice receives ‘million dollar’ rain
July 30 Arkansas rice update
Aug 1, 2016
- Update on Arkansas rice crop in late July.
- Crop forecast, temperatures and fall armyworm in rice.
Draining has begun on a limited basis with many set to pick up steam this week. These rains will help the moisture situation as folks turn off wells and let the flood dry up rather than actively drain.My expectation was that some rice would be delivered before July ended but the sudden burst of rainfall likely put a stop to that. However, the first rice will probably be delivered sometime (during the first week of August). There has been rice cut in the state -- at least one field of a new super-early hybrid -- but no other fields of current commercial cultivars have been harvested.
Read the full post, including information on crop forecast, temperatures and fall armyworm in rice.
New P.F. Chang's Menu Shines Spotlight on U.S.-Grown Rice
By Deborah Willenborg
ARLINGTON, VA -- The national Asian restaurant leader P.F. Chang's has updated the menus in their more than 200 restaurants to include a special call-out informing guests that all of the rice they serve is grown in the USA.
"The menu spotlight on U.S.-grown rice is the lead-in to a new promotion by P.F. Chang's scheduled to launch next month and is a huge boost for U.S. rice," explains Katie Maher, USA Rice director of domestic promotion. "Having P.F. Chang's, a household name with a great reputation, tout U.S.-grown rice on their menu is invaluable."
Sprinkled throughout the new menu, are several interesting facts about Asian cuisine and ingredients in the dishes. Beneath the 'Noodles & Rice' section, P.F. Chang's highlights the nutritional benefits of rice and where it's grown, stating: "Our U.S. sourced rice is a nutrient-rich grain that provides more than 15 vitamins and minerals, beneficial antioxidants and is also GMO free."
"We decided to feature messages about our rice that we're proud of and thought would resonate with our guests," said Dwayne Chambers, P.F. Chang's chief marketing officer. "The fact that the rice we serve is grown right here by U.S. farmers and also provides beneficial nutrients is something we wanted to highlight."
USA Rice initially partnered with P.F. Chang's last September to present the first RiceGiving, a charitable program that donated a serving of U.S.-grown rice to the hungry for every rice entrée ordered by P.F. Chang's guests. The U.S. rice industry donated 100,000 pounds of rice to food banks - that's one million servings of rice going to those in need.
P.F. Chang's promoted the program to their guests through social media, in restaurants with promotional cards provided to each table, and with a dedicated web page featuring a two minute promotional video provided by USA Rice.
"It's great that P.F. Chang's is calling attention to America's family rice farmers," said USA Rice President & CEO Betsy Ward. "Given P.F. Chang's reputation and commitment to quality food and ability to stay relevant in the tough foodservice sector, we think these menus will serve as a case study to show other national chains that not only should you be serving U.S.-grown rice, but you should be talking about it as well."
U.S. rice - farm to wok at P.F. Chang's
Crop Progress: 2016 Crop 71 Percent Headed
WASHINGTON, DC -- Seventy-one percent of the nation's 2016 rice acreage is headed, according to yesterday's U.S. Department of Agriculture's Crop Progress Report. Sixty-six percent of the 2016 crop is in good to excellent condition.
USA Rice Daily, Tuesday, August 2, 2016
Phil Vickery's spicy summer curry rice recipe
STV
1 August 2016 11:05 BST
1 August 2016 11:05 BST
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|
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REX/Steve Meddle/ITV
The sun
is shining for now so it's time to cook up a tasty summer delight.Phil Vickery is on hand with his spicy summer vegetable curry.
Check out the recipe below and give it a go!
Serves: 4
Preparation time: 20 minutes
Cooking time: 20 minutes
INGREDIENTS:
- 4 tbsp oil, any will do
- 2 tsp ground cumin
- 1 tsp turmeric
- 1 tsp fennel seeds
- ½ tsp dried red chilli flakes
- 1 large onion, finely chopped
- 2 garlic cloves, finely chopped
- 225g basmati rice, washed well
- 150g fresh or frozen peas
- 150g fresh or frozen broad beans
- 100g frozen edamame beans
- 1 x 410g can flageolet beans, rinsed well
- 600ml water, roughly to cover the raw rice mix
- 1 tin of coconut milk
- 2 x 10g vegetable stock cubes, crumbled
- Salt and freshly ground black pepper
- 50g fresh baby spinach leaves
- 4 tbsp chopped Thai basil
- 4 tbsp chopped coriander
- 4 tbsp chopped chives
- 50g soft, salted butter
1. Preheat
the oven to 180°C Gas 4.
2. Heat the
oil in a wide, deep ovenproof pan, add the spices and cook for a couple of
minutes to release their flavour, but take care do not burn.
3. Add the
onions and garlic again stir well.
4. Add the
rice and coat well in the oil and spices, then add the peas and beans, and mix
well.
5. Add the
water, tin of coconut milk and crumbled stock cubes and mix well.
6. Season
well then bring to the boil, stirring, then add the spinach on top.
7. Cover the
pan with a tight fitting lid and cook in the oven for 14-16 minutes, or until
the rice is tender.
8. Once
cooked remove from the oven (the spinach will have wilted and the water
absorbed nicely).
9. Add the
basil, coriander, chives and butter and really stir well, then check the
seasoning.
10. Re-cover
and leave for 10 minutes to rest. Then serve.
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Smuggling threatens rice production sufficiency
Oluwakemi Daudaon:
August 02, 2016
Bags of millet, fertilizer for production of
IEDs, gallons of fuel, bags of rice
Nigeria’s
bid to be self-sufficient in rice production is being threatened by smugglers, The
Nation has learnt.Lagos and Ogun states are flooded with smuggled
rice daily. From Idi-Iroko to Owode, Alapoti, Atan and Sango Ota, all in Ogun
State, smugglers are using bush paths to smuggle the commodity.The smugglers,
Idi-Iroko border sources said, are cashing in on the high price of the item,
which is Nigeria’s staple food, to smuggle the item.Many of the smugglers, it
was gathered, are smiling to the banks with their huge financial returns.The illicit rice business, investigation revealed, is booming because the Federal Government has discouraged rice importation through the land borders, while it is alleged that some Customs officers are conniving with the smugglers. Investigation revealed that the smuggled rice is kept on top of motor cycles, passenger buses and specially refurbished vehicles heading for Lagos, Ifo and Sango area of Ogun State.
A rice trader at the popular Lusada Market in Ado-Odo Ota area of Ogun state, who refused to give her name, narrated the reason they are dealing on imported rice from Cotonou.
“I lost a lot of money when the vehicle bringing my rice to Lagos was impounded by Customs in April along Seme border. The period was a very bad one to me. But in June, my friend introduced me to a man who will help me in the rice business through the Ado-Odo area and I decided to try it. “My experience is that there is not much Customs attention on rice in this area, and the profit we make is higher.
“If you use Seme axis, the highest profit anybody can make on rice is between N200 and N250 per 50kg bag, while we make between N1,000 and N1,350 on 50kg bags of rice through Lusada area,” she said.
She said rice is a staple food in the country and its demand is so high that ‘business people’ continue to travel long distances from inland towns and risk being arrested to smuggle rice into those axis.
Every Wednesday, Thursday and Friday, she said men and women flock to Cotonou and other neighbouring countries to buy rice and smuggle them in mostly on Sundays.
Investigation conducted by The Nation at the week-end revealed that there are no Customs cheek-points between Agbara and Atan and from Lusada to Alapoti and Ado-Odo Ota areas of Ogun State.
Findings also revealed that there is no effective policing of all the paths leading to the border by Customs to check the menace.
Customs investigation also revealed that a lot needs to be done to track down the rice smugglers and stop their illicit business by embarking on effective border patrol as the smugglers are using various vehicles to bring the items to town.
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http://thenationonlineng.net/smuggling-threatens-rice-production-sufficiency/
Trade deficit narrows on rice, vehicle import drop
Sri Lanka’s external sector has recorded a modest performance in April 2016, the Central Bank said yesterday.The trade deficit narrowed on account of the higher decline in import expenditure mainly due to the drop in the importation of vehicles and rice compared to the decline in earnings from exports during April 2016,the Bank said.Although workers’ remittances were marginally lower in April, earnings from tourism increased strengthening the current account of the Balance of Payments (BOP) while inflows to the financial account continued to moderate.
Earnings from exports in April 2016 stood at US$ 707 million,indicating a marginal decline of 0.9 per cent, year-on-year, attributable to lower agricultural exports, despite higher earnings from industrial exports.
Earnings from industrial exports, which account for 77 per cent of total exports, increased by 3.1 per cent compared to April 2015, mainly due to the improved performance of textiles and garments exports.
Earnings from textiles and garments exports increased by 3.1 per cent, year-on-year, to US dollars 340 million during the month, reflecting increases in garment exports to EU and USA markets by 3.7 per cent and 3.1 per cent,respectively.
Further, export earnings from food, beverages and tobacco,base metals and articles, and leather, travel goods and footwear,categorised under industrial products, also increased significantly in April 2016.
However, a 12.4 per cent year-on-year reduction recorded in agricultural exports, led by tea and spices, weighed down on the overall export performance in April 2016.The decline in tea exports is attributed to the lower export volumes and prices compared to April 2015 amidst subdued global demand and higher supply of black tea from other countries.
Continuing the declining trend observed from the latter part of 2015, export earnings from spices decreased significantly by 30.0 per cent in April 2016, year-on-year, reflecting poor performance of cloves and pepper exports. Further, export earnings from minor agricultural products and seafood also declined by 32.8 per cent and 18.6 per cent, respectively,during the month.
Exports earnings during the first four months of 2016 contracted by 4.5 per cent, year-on-year, to US dollars 3,435 million largely due to a reduction in export earnings from transport equipment and petroleum products.
The leading markets for merchandise exports of Sri Lanka during the first fourmonths of 2016 were the USA, UK, India, Germany and Italy accounting for about 54 per cent of the total exports.The expenditure on imports decreased by 2.0 per cent to US dollars 1,461 million, in April 2016 compared to the same month in 2015, due to the decline recorded in expenditure on consumer goods, particularly vehicles and rice imports.
Reflecting the impact of the policy measures adopted by the government to curtail vehicle imports, expenditure on personal motor vehicle imports decreased by 28.8 per cent, year-on-year, in April 2016.
Expenditure on rice imports declined for the twelfth consecutive month to US dollars 1.2 million in April 2016 reflecting a 94.7 per cent decrease,year-on-year, due to the availability of rice in the local market from the bumper paddy harvest in 2015 And the impact of the increases in the import duty by the government on the import of rice.
Further, the lower expenses incurred on transport equipment, base metals, fertilizer, vegetables and fuel imports contributed largely to the decline the import expenditure during the month.
However, import expenditure on wheat and maize increased considerably in April 2016 due to importation of wheat by Prima Ceylon (Pvt.) Ltd, the main wheat importer in Sri Lanka, After a laps of three months.
Meanwhile, Import expenditure on machinery and equipment and building materials increased by 12.2 per cent and 22.3 per cent, respectively on a year-on-year basis in April 2016.
Further, import expenditure on textile and textile articles, and diamonds and precious stones and metals increased during the month. On a cumulative basis, expenditure on imports during the period from January to April 2016 decreased by 3.6 per cent to US dollars 6,055 million, mainly due to the declines recorded in the importation of fuel, transport equipment and rice.
During the first four months of 2016,China, India, Japan, Singapore and UAE accounted for about 57 per cent of the total imports.
The trade deficit of US dollars 754 million in April 2016 reflected a Contraction by 2.9 per cent, on a year –on -year basis from the deficit of US dollars 777 million in April 2015 due to the steeper reduction in imports in comparison to the decline in exports.
Further, on a cumulative basis, the trade deficit during the first four months of 2016 contracted by 2.4 per cent to US dollars 2,621 million from US dollars 2,685 million recorded during the same period of 2015.
Tourist arrivals increased to 125,044 during May 2016 recording a growth of 10.1 per cent over May 2015.
Accordingly , tourist arrivals During the first five months of 2016 increased by 18.4 per cent to 846,229 over thecorresponding period of 2015.
The top five sources of tourist arrivals up to May 2016 were India, China,UK, Germany and France, accounting for 52.2 per cent of the total tourist arrivals during the period.
Earnings from tourism increased to US dollars 1,402.5 million during the first five months of 2016 in comparison to US dollars 1,184.4 million recorded during the same period of 2015.
*Workers’ Remittances*
Receipts from workers’ remittances declined by 1.4 per cent to US dollars
578.0million in April 2016 in comparison To US dollars 585.9 million in April 2015.
Meanwhile, inflows from workers’ remittances at US dollars 2,371.4 million during the first four months of 2016 recorded an increase Of 4.7 per cent over the corresponding period of 2015. FDI inflow ,inclusive of foreign loans to BOI companies ,amounted to US dollars 164.5 million during the first quarter of 2016 in comparison to US dollars 346.4 million recorded in the corresponding period of 2015.
Meanwhile, the Colombo Stock Exchange (CSE) recorded a net outflow of US dollars 19.5 million up to end April 2016 , which consisted of net outflows of US dollars 20.8 million from the secondary market and inflows of US dollars 1.3 million to the primary market.
The government securities market recorded a net outflow of US dollars 565.2 million during the first four months of 2016 compared to a net inflow of US dollars 25.7 million during the corresponding period of 2015.
Long term loans to the Government recorded a net outflow of US dollars 67.5 million during the first four months of 2016, compared to a net inflow of US dollars 57.0 million during the corresponding period of 2015.
Overall Balance of Payments
(BOP) Position During the first four months of 2016, the overall BOP is estimated to have recorded a deficit of US dollars 958.0 million in comparison to a deficit of US dollars 1,025.2 million recorded during the corresponding period of 2015.
International Reserves and Exchange Rate Movements Sri Lanka’s gross official reserves as at end April 2016 amounted to US dollars 6.1billion,equivalent to 3.9 months of imports, while total foreign assets amounted to US dollars 8.3 billion, equivalent to 5.3 months of imports.
The rupee recorded a modest depreciation of 1.2 per cent against the US dollar during the period from end 2015 to 29 July 2016.
Furthermore, reflecting the cross currency movements, the rupee also depreciated against the euro by 2.6 per cent, the Japanese yen by 14.6 per cent, the Canadian dollar by 6.3 percent, the Australian dollar by 4.3 per cent and the Indian rupee by 0.2 per cent during this period while appreciating against the pound sterling by 11.1per cent
http://www.dailynews.lk/?q=2016/08/02/business/89190
Rice Prices
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals
|
Price
|
|||||
|
Current
|
%
change |
Season
cumulative |
Modal
|
Prev.
Modal |
Prev.Yr
%change |
|
|
Rice
|
||||||
|
Bhivandi(Mah)
|
2250.00
|
12.5
|
40859.00
|
2300
|
2200
|
43.75
|
|
Bangalore(Kar)
|
2059.00
|
29.66
|
162842.00
|
4200
|
4200
|
-2.33
|
|
Bangarpet(Kar)
|
440.00
|
28.28
|
11930.00
|
1880
|
1850
|
18.99
|
|
Dhing(ASM)
|
86.20
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26.76
|
3936.40
|
1950
|
1950
|
NC
|
|
Kalipur(WB)
|
85.00
|
-5.56
|
7109.00
|
2350
|
2350
|
20.51
|
|
P.O. Uparhali Guwahati(ASM)
|
83.50
|
-2.91
|
4021.10
|
2230
|
2230
|
6.19
|
|
Kesinga(Ori)
|
80.00
|
NC
|
790.00
|
2350
|
2300
|
-7.84
|
|
Thodupuzha(Ker)
|
70.00
|
NC
|
3500.00
|
2800
|
2700
|
12.00
|
|
Cachar(ASM)
|
40.00
|
33.33
|
2680.00
|
2500
|
2500
|
-7.41
|
|
Jajpur(Ori)
|
32.00
|
113.33
|
505.00
|
2000
|
2000
|
-20.00
|
|
Kolaghat(WB)
|
21.00
|
5
|
920.00
|
2400
|
2400
|
4.35
|
|
Bethuadahari(WB)
|
16.00
|
100
|
40.00
|
3200
|
2450
|
8.47
|
|
Champadanga(WB)
|
16.00
|
14.29
|
1097.00
|
2650
|
2650
|
3.92
|
|
North Lakhimpur(ASM)
|
11.80
|
19.19
|
1754.00
|
1900
|
1900
|
-
|
|
Kolhapur(Laxmipuri)(Mah)
|
11.00
|
10
|
2072.00
|
3400
|
3400
|
-
|
|
Dibrugarh(ASM)
|
8.30
|
102.44
|
1410.30
|
2450
|
2450
|
-
|
|
Mirzapur(UP)
|
7.50
|
25
|
1528.10
|
1985
|
1980
|
0.76
|
|
Siyana(UP)
|
2.00
|
NC
|
115.50
|
2310
|
2225
|
12.68
|
http://www.thehindubusinessline.com/economy/agri-business/article8937501.ece
Nagpur Foodgrain Prices Open- Aug 3,2016
Nagpur, Aug 3 Gram and tuar prices reported strong in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on increased demand from local millers amid weak supply fromproducing regions because of rains. Good recovery on NCDEX and upward trend in Madhya Pradeshpulses also boosted sentiment, according to sources.
* * * *
FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady here on subdued demand from local traders amid ample
stock in ready position.
TUAR
* Tuar gavarani recovered in open market here on renewed demand from local traders
amid tight supply from producing regions.
* Rice Swarna declined in open market on poor demand from local trader amid good
supply from producing belts Chhattisgarh and Madhya Pradesh.
* In Akola, Tuar New - 7,600-7,700, Tuar dal New - 12,100-12,400, Udid -
12,300-12,800, Udid Mogar (clean) - 16,200-16,900, Moong -
7,200-7,400, Moong Mogar (clean) 8,700-8,800, Gram - 7,700-7,900,
Gram Super best bold - 10,000-10,200 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 6,600-7,650 6,500-7,400
Gram Pink Auction n.a. 2,100-2,600
Tuar Auction 6,800-7,200 6,700-7,000
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 10,500-10,800 10,500-10,800
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 8,500-8,700 8,500-8,700
Desi gram Raw 8,100-8,200 8,100-8,200
Gram Yellow 9,400-9,700 9,400-9,700
Gram Kabuli 9,100-11,100 9,100-11,100
Gram Pink 9,200-9,400 9,200-9,400
Tuar Fataka Best-New 12,500-12,800 12,500-12,800
Tuar Fataka Medium-New 12,000-12,300 12,000-12,300
Tuar Dal Best Phod-New 11,500-11,800 11,500-11,800
Tuar Dal Medium phod-New 10,500-11,000 10,500-11,000
Tuar Gavarani New 8,000-8,100 8,000-8,100
Tuar Karnataka 8,500-8,900 8,500-8,900
Tuar Black 11,700-12,600 11,700-12,600
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) 8,500-9,000 8,500-9,000
Moong Mogar Medium 7,600-8,000 7,600-8,000
Moong dal Chilka 6,200-7,000 6,200-7,000
Moong Mill quality n.a. n.a.
Moong Chamki best 7,800-8,200 7,800-8,200
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) 4,000-4,100 4,000-4,100
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) 1,950-2,000 1,950-2,000
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) 4,400-4,600 4,500-4,900
Rice Shriram med New(100 INR/KG) 4,100-4,300 4,200-4,300
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) 5,500-5,800 5,500-5,800
Rice Chinnor med. New (100 INR/KG) 5,200-5,400 5,200-5,400
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. 28.7 degree Celsius (83.7 degree Fahrenheit), minimum temp.
23.3 degree Celsius (73.9 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Generally cloudy sky. Rains or thunder-showers very likely to occur. Maximum andminimum temperature would be around and 28 and 23 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-idINL3N1AK36A
08/02/2016 Farm Bureau Market Report
Rice|
High
|
Low
|
|
|
Long
Grain Cash Bids
|
- - -
|
- - -
|
|
Long
Grain New Crop
|
- - -
|
- - -
|
|
|
||
|
Futures:
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Rice Comment
Rice prices closed lower today. While
yesterday's crop condition report was not overly bearish, weakness in other
grains added pressure to rice. Rice prices continue to search for a bottom as
the market faces a big crop this fall.
Commodity Report-August 2
Published August 2, 2016
Today’s commodity report: National Weekly Rice Summary, California
Weekly Hay, California Shell Eggs: Daily Egg Report, Shell Eggs: Daily National
Egg Market and other commodity end of the day market numbers.
National Weekly Rice Summary
In California, medium grain milled rice prices steady. Second head
and Brewers prices steady to weak. Rice by-products: Rice Bran and rice hulls
steady.
CME Rough Rice settlements for Friday 29th, Sep 16 closed .17
higher at 9.94; Nov 16 closed .17 higher at 10.215; Jan 17 closed .14 higher at
10.43. US dollar index on Friday settled at 95.52.
USDA National Weekly Rice Summary (.pdf) with all prices.
California Shell Eggs: Daily Egg Report
Prices are steady with a mostly steady undertone. Retail demand is
light to fairly good, mostly light to moderate and better into areas with
promotions in place. Food service movement is usually mdoerate. Offerings are
light for Jumbo, light to moderate for Extra Large and moderate to heavy for
the balance of sizes. Supplies are moderate. Market activity is slow. Monday’s
shell egg inventories declined 3.4% in the Southwest and 1.7% in the Northwest.
Shell egg marketer’s benchmark price for negotiated egg sales of
USDA Grade AA and Grade AA in cartons, cents per dozen. This price does not
reflect discounts or other contract terms.
|
RANGE
|
|
|
JUMBO
|
131
|
|
EXTRA LARGE
|
107
|
|
LARGE
|
97
|
|
MEDIUM
|
68
|
Shell Eggs: Daily National Egg Market
New York egg prices are unchanged. California and regional prices
are steady. The undertone is steady to firm. Retail demand ranges light to
fairly good, mostly moderate with improvement noted in the SouthCentral and
Southeast regions. Distributive demand is moderate. Offerings are light to
generally moderate. Supplies are in a full range, mostly moderate to instances
heavy for current trading purposes. The total shell egg inventory is 6.4
percent lower when compared to the previous week. Breaking stock offerings are
moderate to occasionally heavy; the demand is usually light. Light type fowl
supplies are at least adequate for full-time processing schedule.
Check the August USDA
Commodity Report Calendar for today’s commodity reports released
by USDA.
Today’s Commodity Market ending market numbers:
Corn
September Corn ended at $3.24 1/4 losing 1 1/2 cent, December ended at $3.34 down 1/4 cent.
Soybeans
September Soybeans ended at 9.71 1/4 decreasing 10 cents, November ended at 9.53 dropping 8 1/2 cents.
Wheat
September Wheat ended at $4.01 1/4 down 4 3/4 cent, December ended at $4.28, decreasing 5 cents.
Rough Rice
September Rough Rice ended at 9.565 losing 0.12, November ended at 9.835 off 0.125.
Live Cattle
August Live Cattle ended at $116.225 up $0.30, October ended at $114.575 gaining $0.50 and December ended at $114.875 increasing $0.275.
Feeder Cattle
August Feeder Cattle ended at $145.475 gaining $0.925 and September ended at $143.875 increasing $0.80 and October ended at $142.075 up $0.20.
Lean Hogs
August Lean Hogs ended at $68.925 up $0.275, October ended at $60.525 losing $0.075.
Class III Milk
August Class III Milk ended at $17.02 gaining $0.10, September ended at $17.02 increasing $0.11, October ended at $16.91 up $0.07.
#2 Cotton
December #2 Cotton ended at 73.98 down 0.40, March ending at 74.22 losing 0.16.
Sugar #11
October sugar #11 ended at 19.05 increasing $0.24, March ended at 19.48 up $0.24.
Orange Juice
September Orange Juice ending at 170.85 down $10.00, November ended at 171.35 dropping $9.80.
September Corn ended at $3.24 1/4 losing 1 1/2 cent, December ended at $3.34 down 1/4 cent.
Soybeans
September Soybeans ended at 9.71 1/4 decreasing 10 cents, November ended at 9.53 dropping 8 1/2 cents.
Wheat
September Wheat ended at $4.01 1/4 down 4 3/4 cent, December ended at $4.28, decreasing 5 cents.
Rough Rice
September Rough Rice ended at 9.565 losing 0.12, November ended at 9.835 off 0.125.
Live Cattle
August Live Cattle ended at $116.225 up $0.30, October ended at $114.575 gaining $0.50 and December ended at $114.875 increasing $0.275.
Feeder Cattle
August Feeder Cattle ended at $145.475 gaining $0.925 and September ended at $143.875 increasing $0.80 and October ended at $142.075 up $0.20.
Lean Hogs
August Lean Hogs ended at $68.925 up $0.275, October ended at $60.525 losing $0.075.
Class III Milk
August Class III Milk ended at $17.02 gaining $0.10, September ended at $17.02 increasing $0.11, October ended at $16.91 up $0.07.
#2 Cotton
December #2 Cotton ended at 73.98 down 0.40, March ending at 74.22 losing 0.16.
Sugar #11
October sugar #11 ended at 19.05 increasing $0.24, March ended at 19.48 up $0.24.
Orange Juice
September Orange Juice ending at 170.85 down $10.00, November ended at 171.35 dropping $9.80.
http://agnetwest.com/2016/08/02/commodity/
جنید جمشید نے کپڑوں کے بعد چاول کا برانڈ متعارف کرادیا
02 اگست 2016 (13:20)
0
ڈیلی پاکستان گلوبل کے مطابق جزا کو پاکستانی مارکیٹ کے ساتھ انٹرنیشنل مارکیٹ میں بھی متعارف کرایا گیا ہے اور اسے انتہائی صحت بخش قرار دیا گیا ہے۔
جزا فوڈز کے چیف ایگزیکٹو علی جبار نے بتایا کہ پاکستان میں وسیع پیمانے پرچاول کی کاشت کے باعث اس کی مارکیٹ پر ہول سیل ڈیلرز کا قبضہ ہے جس کی وجہ سے کم خرچ بالا نشین کا فارمولہ ہی مارکیٹ میں مقام پیدا کرسکتا ہے ۔ کھلے چاول کا پاکستانی مارکیٹ میں 96 فیصد حصہ ہے جبکہ برانڈڈ چاول کی مارکیٹ میں بہت کم کمپنیاں کام کر رہی ہیں اور ان کا فوکس زیادہ نفع کے حصول کیلئے چاول کی برآمد پر ہے اور ہم نے اسی خلا کو پر کرنے کیلئے جزا فوڈز کا آغاز کیا ہے ۔
جزا فوڈز کے ڈائریکٹر جنید جمشید نے بتایا کہ ہمارے لیے سب سے بڑا چیلنج چاول کی بہترین اقسام کا انتخاب تھا ۔ چاول کے انتخاب کے بعد انہیں بہترین طریقے سے صاف کرکے مناسب قیمت پر مارکیٹ میں متعارف کرانا بھی اہم چیلنج تھا۔
انہوں نے مزید بتایا کہ جزا فوڈز کی قیمت ایسی رکھی گئی ہے کہ پاکستان کے کم آمدن والے افراد بھی اسے با آسانی خرید سکیں اور اسی وجہ سے جزا چاول کو 5 مختلف درجوں میں متتعارف کرایا گیا ہے ۔
انہوں نے بتایا کہ جزا ایلیٹ سٹیم رائس کی قیمت 199 روپے کلو، جزا پریمیئم باسمتی 170 روپے کلو، سیلا گولڈ رائس 160 روپے کلو، باسمتی چاول 140 روپے کلو اور اکانومی چاول کی قیمت 110 روپے فی کلو رکھی گئی ہے۔
یہ کھانا چربی کا سب سے بڑا دُشمن ہے!
ایک ماہ میں 23کِلو وزن کم! صُبح میں
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اپنی تمام چربی گُھلائیں! ایک ماہ میں
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موٹا پیٹ ماضی کا قِصّہ ہے۔ مَیں نے1
ماہ میں42 کِلو گھٹایاخالی پیٹ ایک گلاس پی کے
کمر کی چربی گُھلانےکا آسان ترین
طریقہ!2 ہفتے میں17کِلو وزن کم اگرخالی پیٹ لیں۔۔۔
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جنید جمشید نے کپڑوں کے بعد چاول کا برانڈ متعارف کرادیا
02 اگست 2016 (13:20)
ڈیلی پاکستان گلوبل کے مطابق جزا کو پاکستانی مارکیٹ کے ساتھ انٹرنیشنل مارکیٹ میں بھی متعارف کرایا گیا ہے اور اسے انتہائی صحت بخش قرار دیا گیا ہے۔
جزا فوڈز کے چیف ایگزیکٹو علی جبار نے بتایا کہ پاکستان میں وسیع پیمانے پرچاول کی کاشت کے باعث اس کی مارکیٹ پر ہول سیل ڈیلرز کا قبضہ ہے جس کی وجہ سے کم خرچ بالا نشین کا فارمولہ ہی مارکیٹ میں مقام پیدا کرسکتا ہے ۔ کھلے چاول کا پاکستانی مارکیٹ میں 96 فیصد حصہ ہے جبکہ برانڈڈ چاول کی مارکیٹ میں بہت کم کمپنیاں کام کر رہی ہیں اور ان کا فوکس زیادہ نفع کے حصول کیلئے چاول کی برآمد پر ہے اور ہم نے اسی خلا کو پر کرنے کیلئے جزا فوڈز کا آغاز کیا ہے ۔
جزا فوڈز کے ڈائریکٹر جنید جمشید نے بتایا کہ ہمارے لیے سب سے بڑا چیلنج چاول کی بہترین اقسام کا انتخاب تھا ۔ چاول کے انتخاب کے بعد انہیں بہترین طریقے سے صاف کرکے مناسب قیمت پر مارکیٹ میں متعارف کرانا بھی اہم چیلنج تھا۔
انہوں نے مزید بتایا کہ جزا فوڈز کی قیمت ایسی رکھی گئی ہے کہ پاکستان کے کم آمدن والے افراد بھی اسے با آسانی خرید سکیں اور اسی وجہ سے جزا چاول کو 5 مختلف درجوں میں متتعارف کرایا گیا ہے ۔
انہوں نے بتایا کہ جزا ایلیٹ سٹیم رائس کی قیمت 199 روپے کلو، جزا پریمیئم باسمتی 170 روپے کلو، سیلا گولڈ رائس 160 روپے کلو، باسمتی چاول 140 روپے کلو اور اکانومی چاول کی قیمت 110 روپے فی کلو رکھی گئی ہے۔
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