Friday, November 11, 2016

11th November,2016 daily global,regional and local rice e-newsletter by riceplus magazine

Asia rice is low, Thai prices draw African buyers

  
HANOI - Thai rice export prices hovered around 13-month lows over the past week, attracting more African buyers and leading to dull trade in Vietnam, traders said on Wednesday.Thai benchmark 5 percent broken rice prices narrowed to $345-$348 a tonne on Wednesday, free-on-board (FOB) basis, from $345-$350 a tonne a week ago when they hit their lowest in 13 months.A Bangkok-based trader said rice prices would be somewhat stable with sellers reluctant to sell given the government intervention in place.
The rainy season may also have an impact on rice prices, said another trader."The recent rain will prompt farmers to harvest more rice as they fear that their rice will get spoiled and this might have an effect on rice prices," he said.Thailand and Vietnam are the world's second- and third-biggest rice exporters after India.The fall in Thai rice prices has raised concerns among Vietnamese exporters of the grain, as their quotations for the 5 percent broken rice <RI-VNBKN5-P1> stood at $350 a tonne, FOB basis, against $350-$355 last Wednesday."Thai rice prices are falling and that could attract African buyers while Vietnam could not do anything because their rice stock has been built at an already high cost," said a trader at a foreign firm in Ho Chi Minh City.
Traders said last week African buyers had already switched to rice offered by Thailand and Pakistan.But Vietnamese exporters may have to sell their stocks soon to free up their warehouse space in preparation for the next crop, traders said."Vietnam may have to lower prices as it awaits the new crop," said a second trader in Ho Chi Minh City.
Vietnamese farmers will start harvesting the winter-spring crop, the biggest among their three crops a year, from next February in the Mekong Delta food basket.On the grain market outlook, bumper U.S. harvests, high stocks, and broadly favourable South American 2016/17 harvest prospects will prevent prices from staging a more significant rally, BMI Research said in a report on Nov. 3.
"The loss by (Democrat Hillary) Clinton in the U.S. election is a considerable downside risk for agricultural commodity prices," the report added.Republican Donald Trump stunned the world by defeating heavily favoured Clinton in Tuesday's presidential election, ending eight years of Democratic rule and sending the United States on a new, uncertain path
http://www.agweek.com/news/nation-and-world/4155665-asia-rice-low-thai-prices-draw-african-buyers



India Gate Basmati Rice assigns creative and digital duties to MullenLowe Lintas Group

By afaqs! news bureau , afaqs!, New Delhi | In Advertising | November 10, 2016


Lowe Lintas Delhi will handle the creative services for the brand, while LinTeractive will work towards offering core digital capabilities.MullenLowe Lintas Group has won the creative and digital services of India Gate Basmati Rice, a rice brand. As part of the mandate win, Lowe Lintas Delhi will handle the creative services for the brand, while LinTeractive will work towards offering core digital capabilities for the same.

The multi-agency pitch saw participation from a host of agencies where the Delhi offices of Lowe Lintas and LinTeractive were awarded the mandate for offering the client an effective creative approach that would lead to high return on investment (ROI) for the brand, says the agency in a press release. The communication work for the brand is already underway, and would be unveiled across all popular online and offline platforms soon.

Commenting on the association with the two divisions of MullenLowe Lintas Group, Ayush Gupta, marketing head, KRBL Limited says, "We have decided to associate ourselves with Lowe Lintas Delhi which is currently the top creative agency in the world as per WARC 2016, and also LinTeractive as we saw immense promise in their plan for our brand. Our decision was based on the agency's reputation for delivering the highest ROI to its clients with their creative effectiveness and problem-solving attitude. We are confident that India Gate Basmati Rice will become a household name in the coming months, and be a highly preferred option for consumers throughout the country."


On winning the new mandate, Naveen Gaur, president, Lowe Lintas Delhi adds, "Rice consumption seems to be a popular trait that most consumers enjoy in the country. The penchant for consuming good quality rice goes a notch higher when it is a premium category like Basmati. The task becomes easy when you have a brand that works towards delivering on its promise of offering high quality rice. India Gate Basmati Rice is a known and established name in the category, and our responsibility would be to further the cause of it being a favourite and popular choice of all Indians. We are excited with the core idea that we have drawn up for the brand and hope to see it scale even greater heights going forward." Sumanta Ganguly, executive vice-president (EVP),LinTeractive proffers,"We are excited with the task of building a premium rice brand amongst the next generation users, and deploy our platformic thinking to change existing category codes. We believe it's a great opportunity to use content as a key differentiator to deliver consistent engagement in today's ever trending digital media environment."
India Gate Basmati Rice is part of KRBL Limited, which is a 120-year-old firm dealing in branded basmati rice.
MullenLowe Lintas Group claims to be one of the largest country operations of the MullenLowe Group part of the Interpublic Group of Companies. It has operating divisions in advertising (Lowe Lintas, Mullen Lintas), design (dCell), public relations (PR) (GolinOpinion), brand consulting (LinConsult), experiential marketing and activation (LinEngage), video content (LinProductions) and digital marketing (LinTeractive).
Lowe Lintas is a creative agency offering from MullenLowe Lintas Group, India. Headquartered in Mumbai, it has offices in Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, New Delhi (NCR) and Pune. Its clientele in India and the Asia Pacific includes Hindustan Unilever Limited (HUL), for which the agency handles 21 brands, Axis Bank, Britannia, Dabur, Flipkart, FreeCharge, Google, Idea Cellular, MRF, OLX, and Tanishq among others.

PHL rice stocks up 4.12% in October–PSA

In Photo: Farmers in Bayambang, Pangasinan, harvest their palay or unmilled rice. According to the Philippine Statistics Authority, the country’s rice inventory as of October 1 was enough for 67 days.The country’s rice inventory as of October 1 reached 2.29 million metric tons (MMT), 4.12 percent higher than the 2.20 MMT recorded a year ago, according to the latest data from the Philippine Statistics Authority (PSA).
In its monthly report, titled “Rice and Corn Stocks Inventory,” the PSA said the October figure was 28.77 percent higher than September’s inventory level of 1.78 MMT.
“The total rice inventory for this month would be sufficient for 67 days,” the PSA report read.
“Stocks in the households would be enough for 29 days, those in commercial warehouses for 23 days and those in NFA depositories for 15 days,” it added.
Of the rice inventory as of October 1, the PSA said 43.33 percent were with the households, 34.46 percent in commercial warehouses and 22.21 percent in NFA depositories. Majority, or 77.49 percent, of NFA stocks consisted of imported rice.
PSA data showed that NFA stocks during the period reached 507.93 metric tons (MT), while commercial warehouses accounted for 787,910 MT. Rice in households reached 990,730 MT.
“Compared with last year, rice stocks in the households and in commercial warehouses increased by 27.43 percent and 18.30 percent, respectively. On the other hand, stocks in NFA depositories decreased by 32.52 percent,” the report read. On a monthly basis, rice stocks in households and commercial warehouses were higher compared with those in September. The PSA said stocks in the households expanded 27.43 percent, while commercial warehouses grew by 18.30 percent.
“Stocks in NFA depositories decreased by 32.52 percent,” the report read.
The PSA data also showed that the country’s corn inventory in October grew by more than a quarter, or 29.26 percent, to 543,850 MT, compared to 420,740 MT recorded a year ago. The October corn-stock inventory is 42.91 percent higher than the September inventory level of 380,570 MT.
“Year-on-year, corn stocks in the households and in commercial warehouses increased by 61.53 percent and 4.90 percent, respectively. However, stocks in NFA depositories decreased by 75.35 percent,” the report read.
The PSA said 54.16 percent of total corn-stock inventory in October were in commercial warehouses, while 45.79 percent were held by households.
Corn in commercial warehouses reached 236,100 MT, stocks in households accounted for 144,440 MT of the total inventory, while corn stored in NFA warehouses amounted to only 30 MT.
“This month’s corn stocks in all sectors grew compared with their levels last month. Stocks in the households increased by 104.01 percent, in commercial warehouses by 5.44 percent and in NFA depositories by 681.25 percent,” the PSA said
http://www.businessmirror.com.ph/phl-rice-stocks-up-4-12-in-oct-psa/


The political implications of Thailand's rice issue

  • By
  • Posted 10 Nov 2016 20:23
  • Updated 10 Nov 2016 21:26
CHACHOENGSAO, Thailand: The issue of rice is once again turning into a political hot potato in Thailand.
With the price of jasmine rice hitting an almost 10-year low in some parts of the country, the military government has introduced a series of subsidy schemes worth more than US$1 billion to help farmers.
Those who pledge to store their rice for several months will get paid in interest-free loans while they wait to sell their stock at a better market rate.
Critics have said there is little difference between this programme and the failed rice purchase scheme by the previous government led by former Prime Minister Yingluck Shinawatra. Ms Yingluck, who was ousted in the 2014 military coup, faces up to 10 years in prison and a US$1 billion fine for her administration's rice policy.
However, the current government denies and has said its programmes are just a short-term solution. For the long term, it is urging farmers to diversify their crops or stop farming all together.
"We have to look at the demand to see how much rice we want for domestic consumption and for export,” said Commerce Ministry Permanent Secretary Wiboonlak Ruamrak. “Then we plan our production.
“This means some farming will have to stop or the pace of production must be slower. We have to find these farmers alternative professions or we have to give them incentives to reduce farmland so we can control the supply."
Farrmers are asking for urgent assistance. In Central Thailand’s Chachoengsao province - the home of the country’s famous jasmine rice – good monsoon rains have contributed to an oversupply of the rice, causing prices to plunge.

Farmer milling rice in Chachoengsao, Thailand. (Photo: Panu Wongcha-um)

The sharp drop of prices for premium grade Hom Mali - or Jasmine unmilled rice - in many parts of the country prompted many farmers to call on the government to step in ahead of this year’s harvesting season.
Jasmine rice can only be grown once a year and it makes up about a quarter of all rice produced in the country.
Many disagree with the government's advice to diversify. “It is not worth it for us to raise chickens or ducks, for instance, because we need to build more farmhouses for that,” said Vimol Riamsri, the village chief and a rice farmer. “The government tells us to stop growing rice and to grow potatoes, corn, or raise chickens – I don’t think it is possible.  Our farmland is very different."

Unmilled jasmine rice. (Photo: Panu Wongcha-um)

One analyst told Channel NewsAsia new strategies are needed to help the struggling farmers. “In the past, governments have been helping by trying to address the cost of rice production through loans, but they did very little to improve the performance of the market, like better storage silos and better market mechanisms within communities," said Somporn Isvilanonda, a senior fellow at the Knowledge Network Institute of Thailand.
The rice-growing areas in the north and northeast are the political heartland of deposed Prime Minister Yingluck and her family. With a general election scheduled for 2017, the military government knows there are deeper implications to keeping farmers happy than simply protecting Thailand’s rice bowl.
- CNA/ek
http://www.channelnewsasia.com/news/asiapacific/the-political-implications-of-thailand-s-rice-issue/3277680.html

More than 56.80L MTs of paddy arrives in Haryana mandis

Thursday, 10 November 2016 | PNS | Chandigarh | in Chandigarh
More than 56.80 lakh metric tonnes (MTs) of paddy has so far arrived in the mandis of Haryana whereas 51.05 lakh MTs of paddy had arrived during the corresponding period last year.Out of the total arrival, about 52.15 lakh MTs is leviable paddy. The Government procurement agencies have procured more than 51.85 lakh MTs of paddy and over 4.94 lakh MTs has been procured by millers and dealers, said  a spokesman of the Food, Civil Supplies and Consumer Affairs Department.
He said more than 11.83 lakh MTs of paddy has arrived in mandis of Karnal,  10.96 lakh MTs in Kurukshetra, over 7.21 lakh MTs in Ambala, 6.65 lakh MTs in Kaithal, over 6.25 lakh MTs in Fatehabad, more than 5.17 lakh MTs in Yamunanagar, over  2.13 lakh MTs in Jind, over 1.31 lakh MTs in Palwal.
Over 1.36 lakh MTs arrived in Sirsa, 1.18 lakh MTs in Panchkula, 88,355 MT in Sonipat and 18,995 MTs in Faridabad, said he.
He said 3,651 MTs of paddy has arrived in mandis of Mewat, 1,440 MTs in Rohtak, 167 MTs in Jhajjar and 53 MTs in Gurugram.
The spokesman said that more than 22.06 lakh MTs of paddy has been purchased by the Food, Civil Supplies and Consumer Affairs Department, over 17.97 lakh MTs by Hafed, more than 6.03 lakh MTs by the Haryana Agro-industries Corporation, around 5.49 lakh MTs by the Haryana Warehousing Corporation and 28,305 MTs of paddy has been purchased by the Food Corporation of India
http://www.channelnewsasia.com/news/asiapacific/the-political-implications-of-thailand-s-rice-issue/3277680.html



Farmers yet to get payment for paddy


Amritsar, November 9
Farmers, who are already suffering due to delay in payments of crops sold, will face more inconvenience due to phasing out of higher currency notes. Commission agents (Arthiyas) in grain markets did not release any payment to farmers for their crop today.According to information, more than 95 per cent farmers prefer to get cash payment for their crops sold. Moreover, Arthiyas are also not in favour of direct payment in bank accounts of farmers. Now, farmers are worried about the ongoing sowing of wheat.

They have to buy seeds, fertilisers and pay for diesel to run tractors to plough fields. The average cost of cultivation, including labour, is 6,000 to 8,000 per acre. Farmers cannot pay the amount from their pocket. If commission agents do not pay their money, sowing for the next crop will get delayed.The Arthiyas Association president Narinder Behal said, “Procurement agencies and private millers pay to Arthiyas through cheque. Arthiyas pay farmers for their produce in cash. We have currency notes of 500 and 1,000, which cannot be given to farmers.” — TNS
http://www.tribuneindia.com/news/cities/amritsar/farmers-yet-to-get-payment-for-paddy/321173.html







Egypt’s rice stock sufficient for 16 months, official data reveals

November 9, 2016 at 11:38 pm | Published in: Africa, Egypt, News
[File photo]
November 9, 2016 at 11:38 pm


Ragab Shehata, the Head of the Rice Division at the Federation of Egyptian Industries, overseen by the Ministry of Trade and Industry, said on Wednesday that Egypt’s strategic rice stock is sufficient to fulfill the population’s needs for the next 16 months.Anadolu Agency quoted Shehata yesterday saying that the rice reserves were accompanied by the continuous validity of the government decision that bans rice exportation outside Egypt.
He pointed out that there is no shortage in rice supply, adding that the Egyptian market’s rice prices are stable at 5 Egyptian pounds per kilo ($ 0.3).

During the past two months, the Egyptian market was hit by a severe scarcity in sugar supply, which is considered as one of the key strategic goods. The sugar crisis has led to an increase in the price per kilogram by 100 per cent, bringing the price to 12 Egyptian pounds per kilo ($ 0.7), while it amounted to higher in other areas.Shehata noted that Egypt’s annual consumption of rice amounts to 3.5 million tons, while the annual production of white rice amounts to 4.5 million tons per year, which entails a market surplus.Earlier this year, Egypt has decided to limit the cultivated land of the rice crop in 2017 by about 34.5 per cent. Egypt’s rice cultivation season begins early May and lasts until end of August of the same year.

Last August, the Egyptian government decided to halt exporting of all types of rice to be able to meet the domestic market’s needs; this has contributed to maintaining price stability.Egypt’s Central Bank decided last week to liberalise the exchange rate for the Egyptian pound against foreign currencies, bringing the dollar’s exchange rate to 18 Egyptian pounds in the official market yesterday, compared to about 8.78 Egyptian pounds before the floatation decision has been activated. This step has had a dramatic impact on the prices of the basic goods and services.


https://www.middleeastmonitor.com/20161109-egypts-rice-stock-sufficient-for-16-months-official-data-reveals/

Bumper harvest: Kebbi surpasses one million tonnes of rice



Posted By: Khadijat Saidu, Birni Kebbion: November 10, 2016


The importance of Agriculture to the economy cannot be quantified more especially in the present economic crunch where all other sources of revenue have dwindled. Besides, agriculture is the only dependable activity that could guarantee food security apart from its economic benefits, hence, the federal government saw the need to diversify the economy with much priority to agriculture. Nigeria is blessed with vast arable land that can sustain commercial agriculture for both cash crops and food crops. Oil revenue in the global market has continued to shrink and agriculture becomes the alternative economic base that could replace dependency on oil. The Federal Government, therefore, did not hesitate to go back to agric which used to be the mainstay of the economy prior to the discovery of oil. “Go back to the land and develop agriculture because the era of depending on oil is over’’ that was the message of President Muhammadu Buhari to farmers when he lunched the dry season and the Central Bank of Nigeria’s Anchor Rice Borrowers Programme in Birnin Kebbi on the 17th of November 2015. It could also be recalled that the President has made no secret of his determination to improve the base of Nigeria’s economy by reviving agriculture and opening the mines among other measures. 

This month’s   clock one year of the CBN Anchor Rice Borrowers Programme in Kebbi state; the program aims to boost rice and wheat production in Nigeria by providing loans to farmers. Thousands of farmers have seized the opportunity created by the Central Bank Anchor Borrowers Programme to expand rice output it has been celebration galore for rice farmers in the state as they claimed to have recorded high  bumper harvest in comparison with previous years. The kebbi state Governor , Chairman  National Task Force on Rice and wheat  Atiku Bagudu and  his Deputy Samaila Yombe  along with Chairman of the state’s Rice Farmers’ Association, Alhaji Sahabi  Augie  conveyed  journalists  round to see for themselves place like Augie, Kalgo, Dandi, Bunza, suru, wasagu and Birnin kebbi local government areas where farmers where seen  displaying and celebrating their bumper harvest . 

 Interestingly, Kebbi state has surpassed the one million tonnes of rice targeted for harvest in the year with over eight hundred and fifty tonnes. The chairman rice farmers Association Sahabi Augie said the yield increase was due to improved seedlings and the assistance rendered to farmers through the  Anchor Borrowers Programme of the CBN with over 500,000 hectares of cultivated land across ten local government areas of the state. He explained that the variety of rice cultivated in kebbi include Nerica7 and 84 as well as faro 44,52, and 61 with farming occurring thrice through the dry, wet, dry season within a year with Rima and sokoto river serving the dry season irrigation farming.
http://thenationonlineng.net/bumper-harvest-kebbi-surpasses-one-million-tonnes-rice/






Nigeria to procure 40 rice mills

The Federal government says it is facilitating the procurement of additional 40 large-scale rice mills to achieve self-sufficiency in rice production by 2018.Audu Ogbeh, Minister of Agriculture and Rural Development, disclosed this in Abuja on Thursday at a workshop themed “Big Boost for Agro Diversification and Export.’’
Mr. Ogbeh said that the Integrated Rice Mills (IRMs) of the Ministry had increased the rice milling capacity in the country.He said the ministry’s new goal was to attain self-sufficiency in food production and annually export 10 million metric tonnes of food to ECOWAS region and beyond by 2019.According to the minister, the country’s food import bill has further declined from N1.1 trillion in 2009 to N684 billion in 2013.
“Nigeria has huge agricultural potentials with 11 million hectares of arable land but only cultivates 40 per cent; 263 billion cubic metres of water with two of the largest rivers in Africa.“We have a cheap labour force to support agriculture intensification. We grow our food, feed ourselves and create local and international markets for our farmers and also unlock our enormous potentials in agriculture.“We can achieve the economic diversification goal of government and surmount the present economic recession. “I hope with the help of the Pentair, Good Rain, Dayu irrigation, Zhong Zhou Poultry, Jinan and our local companies, we will diversify and get out of recession in no time,’’ Mr. Ogbeh said.
Don Ekesiobi, Managing Director, Eurobase Nigeria Limited, the workshop organiser, said his company and the Ministry of Agriculture brought to Nigeria six world leading agro companies for partnership.Mr. Ekesiobi said that the companies would introduce and showcase for adoption, technologies to turn around neglected agro value chain of the country in six months.“I hereby state that any state, local government, commercial and private agro company that adopts and partner with these corporations will be on their way out of recession within a short time.
“Nigeria’s arable land has capacity to generate 100 billion dollar annually, if we take agro chain value seriously this time.
“ If Chile and other countries can survive on agriculture with huge favour, Nigeria can do the same if it adopts and applies the right technology,’’ he said.He urged states, local governments and stakeholders to identify crops that are adaptable to their terrain.
Mr. Ekesiobi added that the partnership would boost and achieve sustainable economic growth and job creation in the country.
http://www.premiumtimesng.com/news/more-news/215018-nigeria-procure-40-rice-mills.html






Nagpur Foodgrain Prices Open- Nov 10, 2016

Nagpur Foodgrain Prices - APMC/Open Market-November 10
 
Nagpur, Nov 10 Gram and tuar prices reported down in Nagpur Agriculture Produce and
Marketing Committee auctions here on lack of demand from local millers amid release of stock
from stockists. Downward trend in Madhya Pradesh and high moisture content arrival also pulled
down prices. Rupee crisis affected trading activity hard, according to sources.
 
    FOODGRAINS & PULSES 
 
     GRAM
   * Gram varieties ruled stead in open market here on subdued demand from local traders 
     amid good supply from millers.
    
     TUAR
   * Tuar varieties ruled steady in open market here but demand was poor.
   
   * Moong Chamki moved down in open market here on poor demand from local 
     traders amid good supply from producing region.
                                         
   * In Akola, Tuar New - 5,800-6,000, Tuar dal (clean) - 10,600-11,500, Udid - 
     9,700-10,000, Udid Mogar (clean) - 11,400-11,700, Moong - 
     6,100-6,300, Moong Mogar (clean) 6,800-7,200, Gram - 9,500-9,900, 
     Gram Super best bold - 12,800-13,100 for 100 kg.
 
   * Wheat, 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                7,500-9,000         7,500-9,400
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                4,500-5,400         4,700-5,800
     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            13,000-13,500        13,000-13,500
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            12,200-12,600        12,200-12,600
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            10,400-10,600        10,400-10,600
     Desi gram Raw                10,050-10,250       10,050-10,250
     Gram Yellow                 13,400-13,800        13,400-13,800
     Gram Kabuli                13,800-15,100        13,800-15,100
     Gram Pink                        13,100-13,600        13,100-13,600    
     Tuar Fataka Best-New             11,500-11,800        11,500-11,800
     Tuar Fataka Medium-New        10,700-11,000        10,700-11,000
     Tuar Dal Best Phod-New        8,800-9,300        8,800-9,300
     Tuar Dal Medium phod-New        7,800-8,400        7,800-8,400
     Tuar Gavarani New             6,000-6,100        6,000-6,100
     Tuar Karnataka             6,200-6,300        6,200-6,300
     Tuar Black                 11,500-12,200        11,500-12,200 
     Masoor dal best            6,400-6,500        6,400-6,500
     Masoor dal medium            6,000-6,200        6,000-6,200
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        6,800-7,200         6,800-7,200
     Moong Mogar Medium            6,100-6,500        6,100-6,500
     Moong dal Chilka            6,300-6,600        6,300-6,600
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            6,100-6,900        6,200-7,000
     Udid Mogar best (100 INR/KG) (New) 11,000-12,100       11,000-12,100 
     Udid Mogar Medium (100 INR/KG)    9,500-10,500        9,500-10,500    
     Udid Dal Black (100 INR/KG)        7,300-7,600        7,300-7,600     
     Batri dal (100 INR/KG)        6,100-6,500        6,100-6,500
     Lakhodi dal (100 INR/kg)          4,600-4,700         4,600-4,700
     Watana Dal (100 INR/KG)            2,800-2,900        2,800-2,900
     Watana White (100 INR/KG)           3,400-3,600           3,400-3,600
     Watana Green Best (100 INR/KG)    4,000-4,500        4,000-4,500   
     Wheat 308 (100 INR/KG)        2,100-2,200        2,100-2,200
     Wheat Mill quality (100 INR/KG)    1,950-2,150        1,950-2,150   
     Wheat Filter (100 INR/KG)         2,000-2,200        2,000-2,200
     Wheat Lokwan best (100 INR/KG)    2,500-2,700        2,500-2,700    
     Wheat Lokwan medium (100 INR/KG)   2,150-2,400        2,150-2,400
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,500-4,000        3,500-4,000    
     MP Sharbati Medium (100 INR/KG)    2,600-3,100        2,600-3,100           
     Rice BPT best New(100 INR/KG)    2,800-3,250        2,800-3,250    
     Rice BPT medium (100 INR/KG)        2,300-2,650        2,300-2,650    
     Rice Luchai (100 INR/KG)         2,200-2,500        2,200-2,500
     Rice Swarna best (100 INR/KG)      2,100-2,450        2,100-2,450   
     Rice Swarna medium (100 INR/KG)      1,800-2,000        1,800-2,000   
     Rice HMT best New (100 INR/KG)    3,450-3,800        3,450-3,800    
     Rice HMT medium (100 INR/KG)        2,600-3,000        2,600-3,000    
     Rice Shriram best New(100 INR/KG)    4,200-4,500        4,200-4,500 
     Rice Shriram med New(100 INR/KG)    3,800-4,100        3,800-4,100   
     Rice Basmati best (100 INR/KG)    8,700-13,300        9,000-13,500     
     Rice Basmati Medium (100 INR/KG)    6,300-7,800        6,500-8,000    
     Rice Chinnor best New(100 INR/KG)    5,300-5,600        5,300-5,600    
     Rice Chinnor med. New (100 INR/KG)    4,900-5,100        4,900-5,100    
     Jowar Gavarani (100 INR/KG)        1,900-2,200        1,900-2,200    
     Jowar CH-5 (100 INR/KG)         1,700-1,850        1,700-1,850
 
WEATHER (NAGPUR)  
Maximum temp. 32.0 degree Celsius, minimum temp. 09.8 degree Celsius 
Humidity: Highest - n.a., lowest - n.a.
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 32 and 09 degree
Celsius respectively.
 
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices)
http://in.reuters.com/article/nagpur-foodgrain-idINL4N1DB3M4


Rice Prices

as on : 10-11-2016 08:10:37 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
Price
Current
%
change
Season 
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Bolpur(WB)
180.00
NC
2000.00
2250
2250
-
Cachar(ASM)
120.00
200
4110.00
2200
2200
-18.52
Siliguri(WB)
95.00
5.56
8690.00
2700
2700
-
Rampurhat(WB)
80.00
NC
2800.00
2300
2300
31.43
Saharanpur(UP)
70.00
2.94
6711.00
2280
2275
9.62
Silapathar(ASM)
53.00
NC
1485.90
3000
3000
NC
Nadia(WB)
50.00
NC
1520.00
3350
3350
15.52
Gazipur(UP)
40.00
14.29
3576.00
2200
2200
9.18
Khatra(WB)
38.00
11.76
1377.00
2550
2550
10.87
Lakhimpur(UP)
35.00
-12.5
823.00
2180
2170
-0.91
Gauripur(ASM)
32.00
-5.88
3268.80
4500
4500
NC
Bishnupur(Bankura)(WB)
28.00
-6.67
406.00
2350
2350
-
Diamond Harbour(South 24-pgs)(WB)
21.00
5
1375.50
2300
2300
15.00
North Lakhimpur(ASM)
17.00
115.19
2225.70
1900
1900
NC
Dhilwan(Pun)
14.00
-
28.00
2000
-
-
Dibrugarh(ASM)
11.00
-33.33
151.40
2250
2250
-
Golaghat(ASM)
10.00
NC
371.50
2300
2200
-6.12
Deogarh(Ori)
9.00
NC
622.00
2500
2500
NC
Mirzapur(UP)
7.50
7.14
1814.10
2165
2170
8.79
Chandoli(UP)
5.00
11.11
259.50
2145
2140
14.10
Karanjia(Ori)
4.80
-20
485.00
2800
2800
-3.45
Darjeeling(WB)
3.30
32
174.50
2950
2950
5.36
Kalyanpur(Tri)
3.00
NC
25.10
2800
2800
12.00
Bishenpur(Man)
1.10
10
28.90
3100
2900
6.90
http://www.thehindubusinessline.com/economy/agri-business/article9328137.ece


PhilRice turns 31, fetes 100 rank-and-file employees


posted November 11, 2016 at 12:01 am by Ferdie G. Domingo
SCIENCE CITY OF MUÑOZ, Nueva Ecija—At least 100 staff members and employees of the Philippine Rice Research Institute were honored as the institute marked its 31st anniversary as the country’s sole research agency on rice Tuesday.This year’s anniversary celebrations, themed “Rice science and innovation for inclusive growth,” kicked off Monday at its central experiment station in Barangay Maligaya with the opening of the National Rice Awareness Month and the Santiago R. Obien seminar series on research management and institution.
The seminar was named after the former PhilRice executive director.Dr. Sailila Abdulla, PhilRice executive director, said the employees were honored during the “Dangal ng PhilRice” recognition day on Tuesday.Dr. V. Bruce J. Tolentino, deputy director general for communication and partnerships of the International Rice Research Institute, awarded plaques and certificates to the awardees who included those who excelled in external fields, scientific productivity, scholastic, loyalty, and as outstanding employee.Abdulla said as a research institution, PhilRice had advanced rice science by producing scientific publications written by its researchers and scientists.
These were later on published in some of the most reputable journals such as the Journal of Food Agriculture and Environment, International Journal of Ecology and Conservation, Philippine Journal of Crop Science, and the Philippine Agricultural Scientist.
PhilRice is a government corporate entity attached to the Department of Agriculture and created through Executive Order 1061 in 1985.It is mandated to help develop high-yielding and cost-reducing technologies for farmers through research and development work in its central and six branch stations, coordinating with a network that comprises 57 agencies and 70 seed centers located nationwide.



11/10/2016 Farm Bureau Market Report

 

 

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


Futures:
ROUGH RICE
High
Low
Last
Change
Nov '16
959.0
+12.0
Jan '17
991.0
971.0
983.5
+13.0
Mar '17
1015.0
1002.0
1008.5
+12.5
May '17
1032.5
+12.5
Jul '17
1050.5
+12.5
Sep '17
1060.0
+12.5
Nov '17
1060.0
+12.5
   

Rice Comment

Rice futures ended higher. January has found support at the contract low of $9.60 for the time being, but isn't having any success at building upside momentum. USDA's November production estimate was 234.8 million cwt, down 1.2 million cwt from the October report, due to a decrease in the yield forecast of 39 pounds per acre. The production decrease carried over into the ending stocks column as well, as usage remained steady.






New Wholesale and Retail Partners in Japan Commit to Sales of U.S. Rice 

TOYKO, JAPAN -- Mitsuwa Corporation, a wholesaler located in the mega-populous Kanto region of Japan (greater Tokyo/Yokohama), will soon begin marketing U.S. Calrose rice at retail outlets.  The retail bags feature the U.S. Rice logo used in Japan to promote Calrose rice. 

USA Rice also is coordinating with a second wholesale brand interested in carrying U.S. medium grain rice sporting the logo at multiple supermarket chains starting in January 2017.  

"These new entrants at the retail level are welcome news and evidence of the success of USA Rice promotional efforts here in this tightly controlled market," said Hugh Maginnis, USA Rice vice president for international.  "We plan to support these brands at retail with in-store demonstrations, production of new point of sale materials, use of recipe books as giveaways, and sampling of Calrose rice in small packs."
 
In addition, the METRO Cash & Carry (METRO) wholesale chain which caters to the foodservice industry, has started to sell U.S. medium grain rice.  The rice wholesaler who is supplying the rice to METRO, Senda Mizuho, decided to enter into this market segment with U.S. Calrose rice following visits to California this summer.   METRO's customers are exclusively foodservice and mostly independent restaurants, particularly, Chinese and Asian-style.  Fried rice is a common menu item at these types of restaurants and the wholesaler believes this to be a great fit for U.S. Calrose rice.  Maginnis said USA Rice will support sales with in-store taste-testing demonstrations of U.S. rice.  An additional target for METRO are western-style restaurants, such as Italian, where sales of Calrose will complement their existing sales of olive oil and wine.

Access for U.S. rice to the retail and foodservice sectors is via the Simultaneous-Buy-Sell system, or SBS.  The Japanese government has set aside 100,000 metric tons of the country's overall WTO import commitment of 682,200 MT for purchase through SBS.  This rice is earmarked for end users in Japan, as opposed to the balance that is imported and primarily used in the food manufacturing and ingredient industries. 

U.S. exporters had expected greater success in SBS tenders this year because of improved price competitiveness against Japanese rice.  However, the Japanese government effectively suspended SBS tenders several weeks ago in response to media reports critical of business practices of some SBS participants. The Japanese Diet, or parliament, is currently considering approval of the Trans Pacific Partnership trade agreement.  It is unclear when SBS tenders will resume, and USA Rice is urging the resumption of SBS tenders to meet customer demand in Japan and to maintain U.S. access to this important market.



PhilRice turns 31, fetes 100 rank-and-file employees
posted November 11, 2016 at 12:01 am by Ferdie G. Domingo

SCIENCE CITY OF MUÑOZ, Nueva Ecija—At least 100 staff members and employees of the Philippine Rice Research Institute were honored as the institute marked its 31st anniversary as the country’s sole research agency on rice Tuesday.
This year’s anniversary celebrations, themed “Rice science and innovation for inclusive growth,” kicked off Monday at its central experiment station in Barangay Maligaya with the opening of the National Rice Awareness Month and the Santiago R. Obien seminar series on research management and institution.
The seminar was named after the former PhilRice executive director.Dr. Sailila Abdulla, PhilRice executive director, said the employees were honored during the “Dangal ng PhilRice” recognition day on Tuesday.Dr. V. Bruce J. Tolentino, deputy director general for communication and partnerships of the International Rice Research Institute, awarded plaques and certificates to the awardees who included those who excelled in external fields, scientific productivity, scholastic, loyalty, and as outstanding employee.Abdulla said as a research institution, PhilRice had advanced rice science by producing scientific publications written by its researchers and scientists.
These were later on published in some of the most reputable journals such as the Journal of Food Agriculture and Environment, International Journal of Ecology and Conservation, Philippine Journal of Crop Science, and the Philippine Agricultural Scientist.PhilRice is a government corporate entity attached to the Department of Agriculture and created through Executive Order 1061 in 1985.It is mandated to help develop high-yielding and cost-reducing technologies for farmers through research and development work in its central and six branch stations, coordinating with a network that comprises 57 agencies and 70 seed centers located nationwide
http://thestandard.com.ph/news/-provinces/221105/philrice-turns-31-fetes-100-rank-and-file-employees.html

 

Use QR extension to achieve food security


BY WILLIAM DAR ON ON BUSINESS COLUMNS

   

WILLIAM DAR
The planned lifting of the quantitative restriction (QR) on rice starting next year somehow caught me by surprise, because then Davao City Mayor Rodrigo Duterte during the presidential campaign promised to achieve self-sufficiency in domestic rice production within two years of his presidency.Agriculture Secretary Manny Piñol has also asked for an extension of the QR by at least two years and P65 billion in funds to make the rice sector more competitive. Although I am optimistic rice production can be increased with existing technologies like hybrid seeds and mechanization, I still believe the country should primarily aim for food security and not just rice self-sufficiency.This means that government should spend to make the country’s agriculture sector competitive in general, not only in terms of production, but also in terms of storage and transport facilities, research and development (R&D), and social safety nets.
In my column last October 27 (Food security vs food self-sufficiency) where I also discussed the 2016 Global Food Security Index (GFSI) published by The Economist Intelligence Unit, the report made it very clear that the population’s ability to purchase food, facilities to transport and store food, and even R&D for the agriculture sector are among the important factors to achieving food security. They all go hand-in-hand.
Now, how do you increase the income of farmers so they can also have the means to purchase enough food for their families? Improving paddy rice yield per hectare is one way but growing high-value crops for export is also a very viable option.
So far, the country only has two export crops that generate $1 billion ever year: coconut and banana. On the other hand, Thailand’s top farm exports include the following: natural rubber ($6.0 billion); rice ($5.4 billion); prepared fish ($3.1 billion); sugar ($2.7 billion); prepared chicken ($2.2 billion); starch ($1.3 billion); prepared shrimp ($1.2 billion); animal feed ($1.2 billion); and food preparations ($1.2 billion).
Vietnam also boasts of the following farm exports earning billions of dollars per year: coffee beans ($3.3 billion); rice ($2.9 billion); shrimps ($2.6 billion); fish fillet ($2.4 billion); cashew nuts ($2.0 billion); natural rubber ($1.7 billion); prepared shrimp ($1.6 billion); and pepper ($1.2 billion).
Don’t tell me the Philippines cannot produce the top farm exports of Thailand and Vietnam.
If more farmers shift to high-value crops and export these in raw or processed form, that would be one good step in achieving food security because farmers must have more income to purchase their own food.
Going to rice production, it might be an uphill climb for the Philippines to become as competitive as top rice exporters Thailand and Vietnam. Production of paddy (unmilled) rice in Thailand is P10 per kilo and Vietnam P7 per kg. In the Philippines, it is P11-P12 per kg.
So imposing a tariff of 35 percent on imported rice might not be enough to protect Filipino rice farmers from their Asean counterparts.
Also, Filipino rice farmers are receiving smaller and smaller shares of the value of their produce year-on-year, or just 47 percent of the wholesale price. On the other hand, rice farmers in India get 62 percent when they sell it directly from their farms, and farmers in China 94 percent.
But I am not saying the government should no longer invest in making the rice sector competitive over the two-year period of the QR’s possible extension, because the industry remains a major source of employment, income and nutrition for Filipinos, comprising some 2.5 million farmers plus several hundred thousand of farm laborers and people engaged in the supply of farm inputs and machinery, milling/processing, warehousing, transport, other farm services and related economic activities. Looking at the bigger picture, the rice industry directly and indirectly benefits close to 20 million people or 20 percent of the population.
The worst-case scenario is up to 550,000 rice farmers will be affected or left without any source of livelihood if they do not become competitive after the QR is lifted. The average yield per hectare per cropping season for paddy rice in the Philippines is 4.0 metric tons/hectare that can be increased over the next two to three years to up to 6.0 MT/ha. Among the government agencies with technologies to increase domestic rice production are the Philippine Rice Research Institute (PhilRice) and Philippine Center for Postharvest Development and Mechanization (PhilMech), both under the Department of Agriculture.
PhilRice and private seed companies have hybrid rice varieties that can yield up to 8 MT/ha and are either resistant to flooding or drought.
PhilMech has technologies for rice farming from land preparation, transplanting, harvesting and drying. Based on PhilMech studies, using a transplanter results in using 40 kgs of seeds per hectare compared to 80 kgs under the manual method. Using a transplanter can result in up to 50 percent more seedlings planted in a square meter, which can easily increase yield by up to 50 percent.
But then, spending billions of pesos just to make the country’s rice sector more productive should not be the only solution to making the country’s farming sector competitive and achieving food security for the population.
Achieving competitiveness should also include establishing storage facilities for various food products and the means to transport these to various parts of the Philippines, which is an archipelago. Also of equal importance is spending for R&D and getting proven farming technologies not only to rice farmers but also to those growing and shifting to high-value crops.Should the QR on rice be extended for another two years, government should not waste that golden opportunity to achieve food security and not only rice self-sufficiency.

http://www.manilatimes.net/use-qr-extension-achieve-food-security/295926/