Thursday, August 17, 2017

17 th August,2017 daily global,regional local rice e-newsletter by riceplus magazine

Pakistan Food Security Bulletin, Issue 6 (January - June 2017)

REPORT
16 Aug 2017 
Highlights
·         According to the Food Security and Nutrition Strategic Review for Pakistan, food insecurity is among the greatest challenges for Pakistan. The overall Prevalence of Undernourishment (PoU) is estimated to be about 18 percent of the entire population.Preliminary findings of IPC Chronic conducted for 18 districts of Sindh province rank 7 districts in Level 4 (Severe Chronic Food Insecurity), 10 in Level 3 (Moderate Chronic Food Insecurity), 1 in Level 2 (Mild Chronic Food Insecurity) while no single district in Level 1 (Minimal Chronic Food Security).
·         Initial findings of IPC Acute Analysis conducted in 4 drought prone districts of Sindh province indicates 3 districts are in Phase 4 (Emergency), and 1 district in Phase 3 (Crisis).
·         Total national wheat crop production for 2016-17 has been estimated at 25.75 million MT, showing a marginal growth of 0.4 percent from 25.6 million MT in 2015-16.
·         Production of rice, the second main staple crop of Pakistan, has been estimated at 6.85 million MT (milled basis), reflecting a negligible increase by 0.7 percent from 6.8 million MT in 2015-16.
·         Prices of staple crops (wheat, wheat flour) slightly decreased, and prices of several non-cereal food commodities significantly decreased. However, the prices of live chicken, cooking oil and vegetable ghee increased. The fuel prices slightly increased for both Super Petrol and HSD during January-April 2016, remained unchanged in May and slightly declined in June 2017.
·         Terms-of-Trade (ToT) increased by 6.2 percent from December 2016 due to decreased wheat flour price.
·         Some 29,398 families returned to their areas of origin in FATA during the reporting period, reaching a total of 424,525 families (90 percent of total). However, 29,398 families are still in displacement and the Government has announced to compete the return by December 2017.

http://reliefweb.int/disaster/dr-2014-000035-pak12:00 AM, August 16, 2017 / LAST MODIFIED: 12:00 AM, August 16, 2017

Imports rise 9pc as economy heats up


Star Business Report
Bangladesh's imports grew 9 percent year-on-year in fiscal 2016-17 as the demand for capital machinery, industrial raw materials and food grain at home soared.
More than $47 billion worth of goods were brought in to the country last fiscal year, according to data from the Bangladesh Bank.
Bankers attributed the import growth to the rising economic activities and development works.
“Lots of machineries, from spinning to textile, re-rolling mills, auto rice mills, paper mills and power plants, are being imported,” said Mirza Elias Uddin Ahmed, additional managing director of Jamuna Bank.
In 2016-17, the import of capital machinery soared 37.39 percent from a year earlier to about $4.85 billion, propelled by power and energy, garment, pharmaceuticals, telecom, food-processing and packaging sectors.
Industrial raw material imports rose 3.52 percent year-on-year to $16.22 billion.
A senior BB official said the import of intermediate goods such as coal, hard coke, clinker and scrap vessels also increased in addition to raw materials for the garment and textile sectors. “It's a good sign for the economy that the import of machineries and raw materials is on the rise,” Ahmed added.
A senior treasury official of Prime Bank echoed the same.Industrial activities are rising and the growth in import indicates that production, development and employment will increase in the days to come, he added.The import of petroleum products based on the settlement of letters of credit increased 3.3 percent to $2.52 billion in 2016-17. Food grains -- rice and wheat -- imports grew about 3 percent from a year earlier to $1.15 billion.
Rice import has increased significantly in recent months, according to Ahmed.The central bank took a number of steps in the last couple of months of 2016-17 to increase the rice import to boost stock and stabilise the price level of the staple such that inflationary pressures can be contained.
The efforts paid off as food inflation in July declined 0.56 percentage points to 6.95 percent -- the lowest in three months. The decline in the food inflation most likely resulted from a moderation in rice prices, brought about by a surge in imports. 
http://www.thedailystar.net/business/imports-rise-9pc-economy-heats-1449247

BD to cut duty on rice imports to cool local prices

DHAKA: Bangladesh will slash the duty on rice imports to cool high local prices of the staple grain, the country´s food minister said on Wednesday, the second cut in less than two months.
The import duty on rice will be lowered to 2 percent from 10 percent, Food Minister Kamrul Islam told reporters, down from 28 percent in June. Bangladesh, the world´s fourth-biggest rice producer, has emerged as a major importer of the grain this year due to depleted stocks and record high local prices following flash floods in April that cut around 1 million tonnes of rice production.
"We have taken the decision anticipating major floods that could further cut rice production," Islam said, adding the circular outlining the cut would be issued in a day or two. Growing demand from Bangladesh could help stoke Asian rice prices that hit multi-year highs in June.
The government is making a frantic effort to build buffer stocks as it aims to import as much as 1.5 million tonnes of rice in the year to June.
Bangladesh has bought 250,000 tonnes of rice from Vietnam in a state-to-state deal and is issuing a series of tenders after its initial plans to import the grain from Thailand and India suffered a setback over high prices.
The government is in talks with Cambodia and Myanmar to import rice while it is also engaged in a second round of discussions with Thailand and India. Rice is a staple food for Bangladesh’s 160 million people and high prices pose a problem for the government which faces a national election next year. Bangladesh produces around 34 million tonnes of rice annually but uses almost all its production to feed its population. It often requires imports to cope with shortages caused by floods or droughts.
Bangladesh also has a major wheat import need after floods damaged its crops but tough state purchasing conditions and slow ship unloading in ports mean trading houses are unwilling to sell grain to the Asian country.





BD to cut duty on rice imports to cool local prices

DHAKA: Bangladesh will slash the duty on rice imports to cool high local prices of the staple grain, the country´s food minister said on Wednesday, the second cut in less than two months.
The import duty on rice will be lowered to 2 percent from 10 percent, Food Minister Kamrul Islam told reporters, down from 28 percent in June. Bangladesh, the world´s fourth-biggest rice producer, has emerged as a major importer of the grain this year due to depleted stocks and record high local prices following flash floods in April that cut around 1 million tonnes of rice production.
"We have taken the decision anticipating major floods that could further cut rice production," Islam said, adding the circular outlining the cut would be issued in a day or two. Growing demand from Bangladesh could help stoke Asian rice prices that hit multi-year highs in June.
The government is making a frantic effort to build buffer stocks as it aims to import as much as 1.5 million tonnes of rice in the year to June.
Bangladesh has bought 250,000 tonnes of rice from Vietnam in a state-to-state deal and is issuing a series of tenders after its initial plans to import the grain from Thailand and India suffered a setback over high prices.
The government is in talks with Cambodia and Myanmar to import rice while it is also engaged in a second round of discussions with Thailand and India. Rice is a staple food for Bangladesh’s 160 million people and high prices pose a problem for the government which faces a national election next year. Bangladesh produces around 34 million tonnes of rice annually but uses almost all its production to feed its population. It often requires imports to cope with shortages caused by floods or droughts.
Bangladesh also has a major wheat import need after floods damaged its crops but tough state purchasing conditions and slow ship unloading in ports mean trading houses are unwilling to sell grain to the Asian country.
https://www.thenews.com.pk/print/223905-BD-to-cut-duty-on-rice-imports-to-cool-local-priceshttps://www.thenews.com.pk/print/223905-BD-to-cut-duty-on-rice-imports-to-cool-local-prices

400 acres submerged due to drain closure

THE HANS INDIA |    Aug 17,2017 , 03:30 AM IST
      
400 acres submerged due to drain closure

Pithapuram: Farmers on Wednesday expressed serious concern over the submersion of 400 acres of paddy following the closure of drain as part of the expansion of National Highway. They said the bypass road works were going on as part of highway expansion.
The works included those near the Rice Millers’ Association Kalyana Mandapam, because of which the drain near the road has been filled with gravel. This has resulted in paddy crop remaining under water, as the let-out has been closed. This was causing hardship to our crops, the farmers stated.

They maintained that even before the launch of work, the contractor was briefed about the crop getting submerged. Yet he had disregarded their plea and negligently closed the drain, the farmers alleged. They demanded immediate stoppage of work and creation of a facility to let out the drain water.
http://www.thehansindia.com/posts/index/Andhra-Pradesh/2017-08-17/400-acres-submerged-due-to-

Nigeria to Save N300 Billion Annually From Rice Import


By Bayo Amodu and Ruth Tene Natsa
Abuja — Nigeria will be saving about N300 billion it spends annually on importation of rice as local production of the commodity has now reached 15 million metric tonnes, the federal ministry of Agriculture disclosed yesterday.
The director of Agriculture at the Kano office of the ministry, Muhammad Adamu, who gave the hint, while inaugurating the Rice Millers Association of Nigeria (RIMAN) in the state, said in Kano alone, 1.2 million metric tonnes of rice was produced in 2016.
He noted that, with the significant increase in local production and the effort to make the local variety qualitative and more attractive to Nigerians, the country expects to begin exporting rice to West African countries between 2018 and 2019.
Adamu said presently, 34 states in Nigeria are producing rice, with most of them now producing three times in a year.
He disclosed that investigation carried out by the federal government revealed that rice imported to Nigeria stay up to10-15 years and are preserved with chemicals that are capable of causing cancer.
In his remarks, the chairman of the Board of Directors of Rice Miller's Association, Peter Dama, said the association was established to promote local milling of rice that is fresh, healthy and nutritious.
According to him, the association is willing to collaborate with the Nigeria Customs Service to stem smuggling of expired rice into Nigeria. Dama added that the association intended to work closely with regulatory agencies and policymakers to ensure standard in local rice milling.
On his part, the Customs officer in charge of rice enforcement, Ado Hassan, warned that any Customs officer caught conniving with rice smugglers will have themselves to blame.
He said in less than one year, the zonal command of the agency confiscated 800,000 bags of rice in Kano and Jigawa States.
Noting that about 9000 bags of rice are still in stores of the agency, he stated that most of the bags were being given to internally displaced persons after being certified fit for consumption by the National Agency for Food and Drugs Administration and Control (NAFDAC).
Meanwhile, the federal government has announced that it will stop issuing fish importation quota to importers, saying the venture was no longer sustainable.
Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, said this during a meeting with the Ijebu Development Initiative on Poverty Reduction (IDIPR) in Abuja, yesterday.
The minister pointed out that stopping the trade will help boost local production of fish and other aspects of agriculture in the country.
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Noting that the current deficit in fish in Nigeria is over two million tonnes, he urged citizens to invest to boost fish production and create jobs in the sector.
Lokpobiri said, "We realised that fish import is no more sustainable and what we did was to encourage those that import it to think of the backward integration by reducing the quota year by year in agreement with the CBN.
"Very soon, we are not going to give quota for fish importation. We want everybody to set up their fish farms, employ our people and create jobs for our people.
"When we came last two years, Nigeria was producing about 700,000 tonnes of fish but this has increased to about 1.2 million tonnes which means that there has been increment of 400 tonnes. This increase represents more than 50 per cent of what we were producing".
Lokpobiri who commended the IDIPR for contributing to fish production in the country, advised other states to emulate the community's agricultural initiative.
He said the federal government will soon complete and commission the fish feed mill located at Eriwe village farm in Ijebu community of Ogun State.
The minister quoted the United Nations' Food and Agriculture Organisation (FAO) as saying that Ijebu community has the highest number of fish clusters in the world.
Earlier, the Chairman, Board of Directors of the initiative, Prof. Olanipekun Alausa, listed some challenges hindering the agricultural initiative to include inadequate access to loans and lack of modern agricultural tools for mechanised farming.
Alausa who said the initiative was currently supplying food items to nine local government areas in the state appealed for more support from the federal government to enhance the initiative's performance.
He said the scheme, which was established in 1999 as a non-governmental organisation, was geared towards community development to reduce poverty and improve the livelihood of people, using agriculture and micro-credit among others.The chairman said the scheme was involved in poultry, piggery, bee-keeping and cocoa farming to ensure poverty reduction and contribute to agricultural development in the country.
His words: "We want provision of access roads in the farm villages, access to direct credit and government's grants toward our poverty reduction programme.The change in the life of the poor is visible as the needs and well-being of women and other disadvantaged groups in our community are being met.
"Hundreds of young graduates now see agriculture as a thriving business and cluster innovation farming platform has been proved beyond doubt that it is capable of making fortune".

Stewardship will be critical for preserving Provisia rice

Farmers will need to consider crop rotation planning before they begin planting Provisia rice varieties in 2018 or 19.

Tim Walker says it’s been 15 or 16 years since scientists with the LSU AgCenter and officials with American Cyanamid and Horizon Ag announced the Clearfield technology that helped change weed control in rice.
Dr. Walker, general manager of Horizon Ag, and BASF are now preparing growers to begin planting the new Provisia rice, which is tolerant to quizalofop or Provisia herbicide, on a limited basis in 2018.
Hopefully, it won’t be 15 or 16 more years before another new technology is developed, but Dr. Walker is urging growers to practice good stewardship when they try Provisia in 2018 or 2019. That includes using the proper crop rotation strategies such as not planting Provisia rice following Clearfield varieties.
He and other speakers discussed the new system and other new Clearfield varieties during presentations at the Horizon Ag Field Day on the Mark Wimpy Farm near Jonesboro, Ark., on Aug. 10.
http://www.deltafarmpress.com/rice/stewardship-will-be-critical-preserving-provisia-ricehttp://www.deltafarmpress.com/rice/stewardship-will-be-critical-preserving-provisia-rice


Global Warming Will Sear Three of Four Major Grain Crops, Says New Meta-study
Maize and wheat especially vulnerable, rice will hurt and only soybeans seem relatively impervious to rising temperatures
Ruth Schuster Aug 16, 2017 12:13 PM


Rising temperatures will decimate food crops, say scientists Jim Young, ReutersScientists crack wild wheat genome, discovering mutations key to early human farmingIn first, scientists edit gene in human embryo, reviving debate over 'designer babies'Smileys in work emails create a bad impression, study shows
On the banks of the Jordan River, Neanderthals ate turtles 60,000 years agoThree of the four major grains on which the growing world population depends are vulnerable to global warming, says a new meta-analysis based on more than 70 studies.
Farmers have probably known that plants have optimal ranges in which they grow best since planting the first wheat some 23,000 years ago. Now science has proved the point.The four crops on which humankind depends most are wheat, rice, maize, and soybeans. These are responsible for two-thirds of human caloric intake, says the team.
The starting point of the meta study was that the effect of climate change on these crop yields was not certain. Now they are. "Temperature increase reduces global yields of major crops in four independent estimates," the scientists state in the title of their paper title. At least soybean turns out to be relatively resilient to warmer temperature, within limits.One degree change, 7% drop in crop
The sheer multiplicity of parameters make climate change prediction extremely difficult, but, as the team points out, understanding temperature and other impacts of the change is critical to future food security. Especially as scientists now agree that keeping median global warming less than 2 degrees Celsius will be almost impossible.
The meta-analysis by Chuang Zhao, Senthold Asseng of the University of Florida and others encompassed studies based on multiple analytical methods, including modeling global and local crop yields in response to temperature changes; statistical regression models based on historical weather and yield data; and artificial field warming experiments.
All methods indicate that rising temperatures are likely to hurt the global yields of wheat, rice, and maize, and significantly so – though, the team qualifies, specific results were highly heterogeneous across crops and geographical areas, and there were also some positive impact estimates.
Gringing maize, a staple food, in Kenya: The corn species turns out to be highly vulnerable to rising temperatures.Thomas Mukoya, Reuters
Each 1-degree Celsius increase in global mean temperature is projected to reduce average global yields of wheat by 6%, rice by 3.2%, and maize by 7.4%, the team estimates, assuming no corrective methods, such as farming adaptations or genetic crop modifications to make them more resilient.
Soybean yields were hardier. How temperatures affected soy yields varied widely across crops and geographical areas, the team said: in some places, yields increased.
Their conclusion: the world needs to develop crop- and region-specific adaptation strategies to ensure food security for an increasing world population.
Rice is produced almost entirely in Asia, but corn for instance, a staple in the West, is grown around the world – which should be an advantage, for humankind. But part of the problem is that multiple areas on which the world depends are increasingly likely to get hit at the same time.
For instance, drought in the U.S. and China at the same time, which is now entirely feasible, could decimate the global corn supply: "Our simulations indicate that that type of scenario is possible in the current climate," researcher Chris Kent told Bloomberg. Just last month, China admitted that its north is suffering the worst drought in its history and that crops are suffering. Beijing, at least, is not in climate change denial.
https://theeagleonline.com.ng/riman-to-support-ncs-in-curbing-rice-smuggling/

Imported rice could be dangerous – millers


The leadership of Rice Millers Association of Nigeria (RMAN) has alerted Nigerians on the dangers of imported rice saying that many a times, imported rice were stored in silos for as many as 10 years.
Speaking at the inaugural meeting of the Association in Kano, Tuesday, National President of the Association, Mr. Peter Dama, added that imported rice were preserved for these amount of time with chemicals which could be dangerous to human health.
The Association appealed the Federal Government to instruct NAFDAC to undertake periodic evaluation of imported rice while asking Nigerians to revert to the consumption of locally farmed rice, describing Nigerian rice as more nutritious and healthier
He, however, tasked local rice farmers in the country on the quality of their produce adding that up till date, Nigerians were still complaining about the quality of locally produced rice. Alhaji Mohammed Munir Shehu Adamu, the State Director, Federal Ministry of Agriculture, Kano State, recalled that though the journey of the rice revolution in Nigeria begun in 2012 , it however has been enjoying an unprecedented impetus under the present Buhari administration.
He said that today, annual production of locally farmed rice had multiplied into several folds while investments in the sector were running in millions of Naira.
He disclosed that Nigeria had the potentials to produce over 15 million metric tones of rice annually adding that very soon and at the present pace, Nigeria would be producing rice for the whole of West Africa.
“There is no reason why Nigeria should be the biggest importers of rice in the globe when we can easily become the largest producers of rice” he stated.
The meeting was attended by members of the Association from across Nigeria, the Comptroller of the Nigeria Customs Service and the Federal Ministry of Agriculture and Rural Development, among others.

C.V. Anand attributes award to team work

HYDERABAD, August 17, 2017 00:00 IST
Updated: August 17, 2017 04:49 IST
Civil Supplies Commissioner C.V. Anand.  
Civil Supplies Commissioner C.V. Anand, who received State Excellence Award from Chief Minister K. Chandrasekhara Rao on Independence Day attributed it to the collective effort of all employees in the department. Speaking to the employees of Civil Supplies and Legal Metrology and rice millers association representatives who congratulated him on winning the award here on Wednesday, Mr. Anand said that anything was possible to achieve if one worked with honesty and commitment.
He said that the award had only increased the responsibility of the department. The Department gained good reputation and recognition from the Government as the employees worked honestly. Transparency, accountability, getting immediate results using technology and reforms and austerity and efforts of employees got the appreciation.
http://www.thehindu.com/todays-paper/tp-national/tp-telangana/cv-anand-attributes-award-to-team-work/article19506717.ece

Nigeria To Save N300bn Annually From Rice Import

BY BAYO AMODU and RUTH TENE NATSA, Abuja
Nigeria will be saving about N300 billion it spends annually on importation of rice as local production of the commodity has now reached 15 million metric tonnes, the federal ministry of Agriculture disclosed yesterday.
The director of Agriculture at the Kano office of the ministry, Muhammad Adamu, who gave the hint, while inaugurating the Rice Millers Association of Nigeria (RIMAN) in the state, said in Kano alone, 1.2 million metric tonnes of rice was produced in 2016.
He noted that, with the significant increase in local production and the effort to make the local variety qualitative and more attractive to Nigerians, the country expects to begin exporting rice to West African countries between 2018 and 2019.
Adamu said presently, 34 states in Nigeria are producing rice, with most of them now producing three times in a year.
He disclosed that investigation carried out by the federal government revealed that rice imported to Nigeria stay up to10-15 years and are preserved with chemicals that are capable of causing cancer.
In his remarks, the chairman of the Board of Directors of Rice Miller’s Association, Peter Dama, said the association was established to promote local milling of rice that is fresh, healthy and nutritious.
According to him, the association is willing to collaborate with the Nigeria Customs Service to stem smuggling of expired rice into Nigeria.
Dama added that the association intended to work closely with regulatory agencies and policymakers to ensure standard in local rice milling.
On his part, the Customs officer in charge of rice enforcement, Ado Hassan, warned that any Customs officer caught conniving with rice smugglers will have themselves to blame.
He said in less than one year, the zonal command of the agency confiscated 800,000 bags of rice in Kano and Jigawa States.
Noting that about 9000 bags of rice are still in stores of the agency, he stated that most of the bags were being given to internally displaced persons after being certified fit for consumption by the National Agency for Food and Drugs Administration and Control (NAFDAC).
Meanwhile, the federal government has announced that it will stop issuing fish importation quota to importers, saying the venture was no longer sustainable.
Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, said this during a meeting with the Ijebu Development Initiative on Poverty Reduction (IDIPR) in Abuja, yesterday.
The minister pointed out that stopping the trade will help boost local production of fish and other aspects of agriculture in the country.
Noting that the current deficit in fish in Nigeria is over two million tonnes, he urged citizens to invest to boost fish production and create jobs in the sector.
Lokpobiri said, “We realised that fish import is no more sustainable and what we did was to encourage those that import it to think of the backward integration by reducing the quota year by year in agreement with the CBN.
“Very soon, we are not going to give quota for fish importation. We want everybody to set up their fish farms, employ our people and create jobs for our people.
“When we came last two years, Nigeria was producing about 700,000 tonnes of fish but this has increased to about 1.2 million tonnes which means that there has been increment of 400 tonnes. This increase represents more than 50 per cent of what we were producing”.
Lokpobiri who commended the IDIPR for contributing to fish production in the country, advised other states to emulate the community’s agricultural initiative.
He said the federal government will soon complete and commission the fish feed mill located at Eriwe village farm in Ijebu community of Ogun State.
The minister quoted the United Nations’ Food and Agriculture Organisation (FAO) as saying that Ijebu community has the highest number of fish clusters in the world.
Earlier, the Chairman, Board of Directors of the initiative, Prof. Olanipekun Alausa, listed some challenges hindering the agricultural initiative to include inadequate access to loans and lack of modern agricultural tools for mechanised farming.
Alausa who said the initiative was currently supplying food items to nine local government areas in the state appealed for more support from the federal government to enhance the initiative’s performance.
He said the scheme, which was established in 1999 as a non-governmental organisation, was geared towards community development to reduce poverty and improve the livelihood of people, using agriculture and micro-credit among others.
The chairman said the scheme was involved in poultry, piggery, bee-keeping and cocoa farming to ensure poverty reduction and contribute to agricultural development in the country.
His words: “We want provision of access roads in the farm villages, access to direct credit and government’s grants toward our poverty reduction programme.
The change in the life of the poor is visible as the needs and well-being of women and other disadvantaged groups in our community are being met.
“Hundreds of young graduates now see agriculture as a thriving business and cluster innovation farming platform has been proved beyond doubt that it is capable of making fortune
https://niyitabiti.net/2017/08/nigeria-to-save-n300bn-annually-from-rice-import/

LT Foods: Huge demand for Basmati
Our Correspondent
Filed on August 14, 2017
The company exports 60 per cent of its products

The Middle East is one of the biggest markets for Indian basmati rice

LT Foods, a leading Indian basmati exporter, has been in the business for more than 50 years now."Our first export container was sent to the Middle East in 1989," recalls Ashwani Arora, Managing Director and CEO of the company. "The company revenue was just Rs30 million then. Today, it is Rs30 billion."
The Middle East is one of the biggest markets for Indian basmati rice. About 65 per cent of the company's exports are to the Middle East, with Dubai being the major market.
"Our strong markets are India, U.S. and the Middle East," explains Arora. According to him, demand from the Middle East is expanding at 10 per cent annually. Many countries in the Middle East, including Iran and Iraq are also moving from ordinary rice to Basmati varieties, he adds.
LT Foods has set up a processing plant in the Netherlands. According to Arora, about 90 per cent of its business is accounted for by Basmati rice.
"Over the next five years our plan is to grow our core," says Arora. "We want to be a billion-dollar company by then." Basmati rice would account for about $700 million of turnover and the rest would be from organic and other products.
Currently, the company exports 60 per cent of its products. However, with Basmati consumption growing in India, he sees huge demand from the domestic market. "As per capita income increases, demand for Basmati rice will also grow," says Arora.The company has a full-fledged sales and marketing office in Dubai for the last 10 years

UPDATE 2-Bangladesh to cut duty on rice imports to cool local prices
* Second cut in rice duty in less than two months

* Bangladesh a major rice importer after floods cut output

* High prices a worry; Dhaka seeks to buy 1.5 mln T

* Bangladesh demand could stoke Asia rice prices (Add imports target, details)

By Ruma Paul

DHAKA, Aug 16 (Reuters) - Bangladesh will slash the duty on rice imports to cool high local prices of the staple grain, the country's food minister said on Wednesday, the second cut in less than two months.
The import duty on rice will be lowered to 2 percent from 10 percent, Food Minister Kamrul Islam told reporters, down from 28 percent in June.Bangladesh, the world's fourth-biggest rice producer, has emerged as a major importer of the grain this year due to depleted stocks and record high local prices following flash floods in April that cut around 1 million tonnes of rice production.
"We have taken the decision anticipating major floods that could further cut rice production," Islam said, adding the circular outlining the cut would be issued in a day or two.Growing demand from Bangladesh could help stoke Asian rice prices that hit multi-year highs in June.
The government is making a frantic effort to build buffer stocks as it aims to import as much as 1.5 million tonnes of rice in the year to June.Bangladesh has bought 250,000 tonnes of rice from Vietnam in a state-to-state deal and is issuing a series of tenders after its initial plans to import the grain from Thailand and India suffered a setback over high prices.

The government is in talks with Cambodia and Myanmar to import rice while it is also engaged in a second round of discussions with Thailand and India.Rice is a staple food for Bangladesh’s 160 million people and high prices pose a problem for the government which faces a national election next year.
Bangladesh produces around 34 million tonnes of rice annually but uses almost all its production to feed its population. It often requires imports to cope with shortages caused by floods or droughts.Bangladesh also has a major wheat import need after floods damaged its crops but tough state purchasing conditions and slow ship unloading in ports mean trading houses are unwilling to sell grain to the Asian country. (Editing by Susan Thomas)
Author Name: https://www.reuters.com/article/us-virginia-protests-idUSKCN1AV0WT

Rice output is estimated to be a record 110.15 million
NEW DELHI: As per the data, rice output is estimated to be a record 110.15 million tonnes in 2016-17 as against 104.41 million tonnes in the previous year. Previous record was 106.65 million tonnes in 2013-14.  Read more at: http://economictimes.indiatimes.com/articleshow/60087254.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst       

Red Cross to send test shipment of rice from Pakistan to stricken Yemen
GENEVA/HODEIDAH, Yemen (Reuters) - The International Committee of the Red Cross (ICRC) plans to send a test shipment of rice to Yemen this month in its first attempt since February to deliver food aid via the port of Hodeidah, which is held by Houthi fighters allied to Iran.

The port has been repeatedly hit by air strikes from a Saudi-led coalition, which has been fighting in Yemen since 2015 to try to restore the internationally recognized President Abd-Rabbu Mansour Hadi to power. It normally handles some 80 percent of Yemen's food supplies as well as humanitarian aid,
"A certain number of maritime companies are starting to use Hodeidah port," ICRC spokeswoman Iolanda Jaquemet said. "We are going to test the waters, so to speak, and send a cargo of rice from Pakistan."The shipment was expected to leave Pakistan next week and arrive at the Red Sea port the week after, she said.
The Saudi-led coalition says the Houthis have been using Hodeidah to smuggle weapons into the country, and Hadi's government has proposed to the United Nations that it monitors the facility.The ICRC suspended stopped using Hodeidah port in February. Jaquemet said it had been bringing in supplies to Yemen by land from Jordan via Saudi Arabia and Oman.
The war has killed more than 10,000 people, displaced at least 2 million and destroyed much of the country's infrastructure, including roads, hospitals and schools, pushing Yemen to the brink of famine. It has also fanned the spread of cholera, infecting some half a million people and killing nearly 2,000.
The chairman of the board of Red Sea ports, which includes Hodeidah, said on Wednesday that the Saudi-led coalition in January had stopped the delivery of four mobile cranes organized by the World Food Programme (WFP) to replace cranes destroyed by the coalition last year.The WFP confirmed the report and said the cranes, which were funded by the U.S. Agency for International Development (USAID) were sent back to Dubai after waiting offshore for more than a week.
A coalition spokesman said the WFP had not coordinated with the alliance before it went ahead and sourced the equipment, adding that the Houthis wanted the cranes to create a source of income from imports to finance the war effort.He suggested that the cranes be installed instead in al-Mokha port, which is under coalition control."It will lift its capacity and help lift the suffering from the Yemeni people by ensuring that revenues go to the legitimate government through the central bank to spend on salaries of Yemenis," Colonel Turki al-Maliki said in a statement.
https://www.reuters.com/article/us-mideast-crisis-saudi-iraq-idUSKCN1AW1LA

GAO report looks at dredging at Lower Mississippi River ports

By David Krapf on
The Mississippi River at St. Louis. Photo by David Krapf
In late July, the General Accountability Office (GAO) released a report on dredging issues at 13 Lower Mississippi River ports between St. Louis and Baton Rouge, La.
The report, Inland Harbors: The Corps of Engineers Should Assess Existing Capabilities to Better Inform Dredging Decisions, reviewed the ports from 2010 through 2015. These ports primarily moved a mix of agricultural commodities (corn, soybeans, and rice), petroleum products, and crude materials (such as sand and gravel, among others). However, the ports varied, with some primarily moving grain, and others moving a variety of commodities. These ports also varied in tonnage transported, ranging from less than one million tons annually to more than 10 million tons per year.
A majority of the stakeholders interviewed by the GAO, as well as Army Corps of Engineers officials, said that funding constraints limit the Corps’ ability to fully dredge the 13 ports’ harbors, which can affect freight movement. According to local Corps officials, the agency received about $13.1 million of the $20.6 million needed to fully dredge the 13 ports’ harbors in fiscal year 2016. Some stakeholders told said that smaller ports are negatively affected by the Corps’ emphasis on the amount of cargo moved (measured in tons) when making decisions about which harbors to dredge, the GAO said.
Congress has directed the Corps to consider harbors’ significance and to conduct an assessment of harbors’ use and benefits — considering factors beyond tonnage — when considering the allocation of dredging funds. Corps officials said they have not conducted such an assessment due to funding constraints, and raised concerns about the cost-effectiveness of conducting such assessments. However, the Corps has developed some tools that may help it assess inland harbors’ significance, use, and benefits. For example, Corps officials explained that they have a tool that allows them to track the amount and type of cargo moving through harbors and to estimate the value of cargo at risk if a harbor loses depth. However, a Corps official noted that the “cargo-at-risk” metric was based on deep coastal harbors and would need to be adapted for inland harbors.
A senior Corps official agreed that it could be useful to inform Congress of the Corps’ existing tools and capabilities and the resources needed to adapt these tools and capabilities to address the statutory requirements related to allocating dredging funds.
Many of the stakeholders interviewed by the GAO said that before considering alternative-funding options, the federal government should make more use of the current mechanism for funding dredging: the Harbor Maintenance Trust Fund. Three other potential options for funding dredging — user fees, state and local contributions, and the Inland Waterways Trust Fund (which currently funds new construction and major rehabilitation of locks and dams as well as other channel and waterway improvements) were discussed. Stakeholders said each faced challenges. In particular, they noted the financial effects of these options on users, state and local governments, and the Inland Waterways Trust Fund. However, some stakeholders identified the benefits of using these options, such as benefits from industry paying user fees for its infrastructure use, and state and local governments contributing funds to meet the dredging needs of harbors in their jurisdiction.
The GAO recommended that the Corps inform Congress whether it can adapt its existing tools to address factors for allocating dredging funds from the Harbor Maintenance Trust Fund, and the resources needed to do so. The Corps concurred with the recommendation.
David Krapf has been editor of WorkBoat, the nation’s leading trade magazine for the inland and coastal waterways industry, since 1999. He is responsible for overseeing the editorial direction of the publication. Krapf has been in the publishing industry since 1987, beginning as a reporter and editor with daily and weekly newspapers in the Houston area. He also was the editor of a transportation industry daily in New Orleans before joining WorkBoat as a contributing editor in 1992. He has been covering the transportation industry since 1989. He has a degree in business administration from the State University of New York at Oswego, and also studied journalism at the University of Houston.
https://www.workboat.com/news/coastal-inland-waterways/gao-report-looks-at-dredging-at-lower-mississippi-river-ports/
https://theeagleonline.com.ng/riman-to-support-ncs-in-curbing-rice-smuggling/

CL farmers coop bats for fair rice allocations

Published
By Freddie C. Velez
San Miguel, Bulacan — A farmers cooperative in Region 3 yesterday appealed to the National Food Authority (NFA) to provide them with fair allocations from the rice importations that the country would procure for the lean rice months of July-September.The Federation of Central Luzon Farmer’s Cooperative headed by its president Simeon Sioson of this town is hoping that the minimum access volume (MAV) rice importation for this year will not replicate the rice allocation made in 2015.
The FCLFC president explained that in the 2015 MAV rice importation program, only 10 of farmers’ cooperatives were allocated 12,500 metric tons while big-time traders got 176,000 metric tons.
In a letter sent to NFA Administrator Jason Laurena Aquino dated June 12, 2017, Sioson identified the big-time traders as Alchemo Philippines Inc., Arvin International Mktg. Inc., and Philmico Foods Corporation.
During that time, the processing fee imposed by NFA on the rice importation was R50,000 whether the importer has only a small or big volume allocated to them which is very unfair to the farmers, Sioson said.
RIMAN to support NCS in curbing rice smuggling
 The RIMAN’s Chairman, Board of Trustees, Peter Dharma, gave this assurance in Kano on Tuesday at the inaugural meeting of the association.The Rice Millers Association of Nigeria has promised to provide useful information to the Nigeria Customs Service in its efforts to curb the smuggling of rice into the country.The RIMAN’s Chairman, Board of Trustees, Peter Dharma, gave this assurance in Kano on Tuesday at the inaugural meeting of the association.
He said that Nigerians had, over the years, been losing enormous resources to the smuggling of food items into the country.Dharma also pledged that the association would support the Federal Government’s programme value chain of local rice cultivation, milling, processing and production.He said: “Our association will work closely with the regulatory and policy makers to ensure standards in local rice milling.”The chairman also stated that the association would support research into renewable energy source, which he said, the association would recommend to its members in the near future.
Speaking on the occasion, the Area Commander of the Nigeria Customs Service, Yusuf Abba, hailed RIMAN’s plan, as according to him, it will yield some economic benefits to the country.
Abba, who was represented by the Deputy Comptroller Enforcement of the service, Ago Hyacinth, said smugglers should no longer be allowed to sabotage the nation’s economy.Mallam Muhammed Munir, a director at the Federal Ministry of Agriculture and Rural Development, said the Federal Government’s injection of money into the sector, would facilitate employment opportunities for citizens.NAN reports that the association at the inaugural meeting discussed the various issues surrounding rice production in the country.
http://news.mb.com.ph/2017/08/15/cl-farmers-coop-bats-for-fair-rice-allocations/

Bangladesh to cut duty on rice imports to cool local prices



A storeowner pours out rice for a customer in Dhaka April 6, 2009.Andrew Biraj/Files
DHAKA (Reuters) - Bangladesh will slash the duty on rice imports to cool high local prices of the staple grain, the country's food minister said on Wednesday, the second cut in less than two months.The import duty on rice will be lowered to 2 percent from 10 percent, Food Minister Kamrul Islam told reporters, down from 28 percent in June.Bangladesh, the world's fourth-biggest rice producer, has emerged as a major importer of the grain this year due to depleted stocks and record high local prices following flash floods in April that cut around 1 million tonnes of rice production.
"We have taken the decision anticipating major floods that could further cut rice production," Islam said, adding the circular outlining the cut would be issued in a day or two.Growing demand from Bangladesh could help stoke Asian rice prices that hit multi-year highs in June.The government is making a frantic effort to build buffer stocks as it aims to import as much as 1.5 million tonnes of rice in the year to June.Bangladesh has bought 250,000 tonnes of rice from Vietnam in a state-to-state deal and is issuing a series of tenders after its initial plans to import the grain from Thailand and India suffered a setback over high prices.
The government is in talks with Cambodia and Myanmar to import rice while it is also engaged in a second round of discussions with Thailand and India.Rice is a staple food for Bangladesh’s 160 million people and high prices pose a problem for the government which faces a national election next year.
Bangladesh produces around 34 million tonnes of rice annually but uses almost all its production to feed its population. It often requires imports to cope with shortages caused by floods or droughts.Bangladesh also has a major wheat import need after floods damaged its crops but tough state purchasing conditions and slow ship unloading in ports mean trading houses are unwilling to sell grain to the Asian country.
Editing by Susan Thomas
https://in.reuters.com/article/india-gold-policy-idINKCN1AW19Y

Rice basmati rises on increased buying

Wed, 16 Aug 2017-02:24pm , PTI
Rice basmati prices firmed up by up to Rs 200 per quintal at the wholesale grains market today on emergence of buying by the stockists.
A few other bold grains also finished higher on increased offtake by consuming industries.
Traders said stockists buying following pick up in demand against restricted supplies from producing belts mainly led to rise in rice basmati prices.
In the national capital, rice basmati common and Pusa 1121 variety settled higher at Rs 6,400-6,500 and Rs 5,150- 5,200 from previous levels of Rs 6,300-6,400 and Rs 4,950- 5,025 per quintal, respectively.
Other bold grains like, bajra, maize and barley also finished higher at Rs 1,225-1,230, Rs 1,330-1,335 and Rs 1,490-1,500 against last close of Rs 1,190-1,195, Rs 1,310- 1,320 and Rs 1,450-1,460 per quintal, respectively.
Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,100-2,350, Wheat dara (for mills) Rs 1,780-1,785, Chakki atta (delivery) Rs 1,785-1,790, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 970-980 (50 kg), Maida Rs 1,010-1,020 (50 kg)and Sooji Rs 1,040-1,045 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 6,400-6,500, Rice Pusa (1121) Rs 5,150-5,200, Permal raw Rs 2,150-2,175, Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850, Bajra Rs 1,225-1,230, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,330-1,335, Barley Rs 1,490-1,500.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
http://www.dnaindia.com/business/report-rice-basmati-rises-on-increased-buying-2531556

Bangladesh signs big rice deal

Sok Chan / Khmer Times Share:    
 

Two weeks after Bangladesh and Cambodia signed a memorandum of understanding (MoU) in Phnom Penh to purchase rice from Cambodia, on Monday of this week Bangladesh signed a deal to buy 250,000 tonnes of milled rice from Cambodia.
The purchasing agreement was made after the officials from state-owned Green Trade Company and the Cambodia Rice Federation (CRF) flew to Bangladesh last week to negotiate in detail on the purchasing agreements between Bangladesh and Cambodia based on the government-to-government MoU.
CRF president Sok Puthyvuth said yesterday that Bangladesh was interested in Cambodian rice and wanted to have a relationship with Cambodia.
He said that after Bangladesh signed an MoU with Cambodia on August 2, officials from the CRF and Green Trade flew to Bangladesh to negotiate directly.
He said that there were tough negotiations and competition with Thailand, India and Vietnam also wooing Bangladesh to purchase rice from them.
However, Bangladesh chose Cambodia.
Bangladesh, the world’s fourth-biggest rice producer, has emerged as a major importer of the grain this year after flash floods in April hit domestic output. As a result, the country is facing dwindling stocks and high local prices.
“We will work with the CRF’s members, Green Trade and Rural Development Bank to strengthen the export soon,” Mr Puthyvuth said.
“We want the export to take place as soon as possible,” he said. “We are not worried as Bangladesh gave us enough time,” he added.
He said that CRF will talk with its members on the amount to export to Bangladesh and would get feedback soon on their ability to export to Bangladesh.
“Prices will be based on the market price but we will continue to talk to find a win-win solution between Cambodian farmers and Bangladesh,” Mr Puthyvuth said.
“At the moment, the price we are offering Bangladesh is competitive compared with Vietnam, Thailand and India.
“In the next five years, the price will be higher as Cambodia modernises its agriculture, particularly the rice sector,” Mr Puthyvuth said.
On August 2, the Cambodian Commerce Ministry and Bangladesh signed the MoU to sell about a million tonnes of rice in the five years to 2022.
Sok Sopheak, under-secretary of state at the Ministry of Commerce, said the quality of rice and pricing were crucial for Cambodia to compete with Thailand and India who had also signed MoUs with Bangladesh.
He said costs on such aspects as logistics and terminal handling charges would be kept as low as possible.
Song Saran, CEO of AMRU Rice, welcomed the agreement with Bangladesh, saying it opened new markets for Cambodia.
“The private sector is keen to make this agreement work. We will ensure the Bangladeshis that the rice they get from us will be the best quality,” he said.
http://www.khmertimeskh.com/5078380/bangladesh-signs-big-rice-deal/

Bangladesh further slashes import duty on rice to stabilize market amid flash floods

Source: Xinhua| 2017-08-16 19:28:32|Editor: Zhou Xin

DHAKA, Aug. 16 (Xinhua) -- Bangladesh has decided to cut import duty on rice further to 2 percent in a bid to rein the instability in prices of the staple food item amid flash floods.Bangladeshi Food Minister Qamrul Islam made the announcement at a press briefing Wednesday in the capital of Dhaka."We've decided to slash the duty to 2 percent from the existing 10," said the minister.
He said the government decided to import 1.5 million tones of rice in the current 2017-2018 fiscal year in an effort to replenish reserves and rein in prices of the staple in the wake of the flooding.Apart from this, he said Bangladesh will import 500,000 tonnes of wheat in the current fiscal year.

He said a state agency has already started to import rice through government-to-government deals from producers of Cambodia, India, Thailand, Vietnam, as importing via tenders is a lengthy process.After the second round of flooding in June, the Bangladeshi government eased import duty on rice to 10 percent from 28 percent in a bid to stabilize the domestic market.
Owing to higher import duty placed back in 2015 and 2016 to safeguard local farmers amid cheap prices from neighboring countries, rice import has dropped to a four-year low this year.
Local importers blamed a 28-percent tariff on rice import for the decline.

As the domestic rice market has again become volatile in the wake of reports that paddy production is likely to fall this year due to flash floods and rice blast disease, prices of rice have continued soaring since April.In recent months local rice prices have hit a record high and the state reserves are reportedly at a six-year low.The state-run Trading Corporation of Bangladesh reportedly recorded an about 50-percent hike in the prices of coarse rice this month compared to the same period last year.
Price hike of food items particularly staple rice is a key concern for the Bangladeshi government as nearly 31.5 percent of its around 160 million people still live below the national poverty line and spend a large part of their incomes on food purchase.Flash Flood struck the country's northeastern region in March, causing huge loss of boro (winter) rice. Apart from this, rice blast disease has also affected boro rice production elsewhere in the country.

Against such circumstances, prices are seen rising in the short term on a supply shortage.
The situation seems to have worsened in Bangladesh this week as floods have reportedly hit 20 districts, mostly in the country's north, leaving dozens of people dead
Nagpur Foodgrain Prices Open- August 16, 2017


Nagpur Foodgrain Prices – APMC/Open Market-August 16

Nagpur, August 16 (Reuters) – Gram and tuar prices shot up in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on increased demand from local millers amid thin supply from
producing belts. Government restriction on pulses import, healthy rise in Madhya Pradesh pulses
and reported demand from South-based millers also boosted prices.
About 450 of gram and 400 bags of tuar were available for auctions, according to sources.

    FOODGRAINS & PULSES
    
   GRAM
   * Gram varieties zoomed up in open market here on renewed buying support from local
     traders amid tight supply from millers.
  
   TUAR
     
   * Tuar varieties recovered strongly in open market on increased festival season demand
     from local traders amid weak arrival from producing belts.

   * Moong and Udid varieties firmed up in open market on increased seasonal demand from
     local traders amid tight supply from producing regions.
                                                  
   * In Akola, Tuar New – 5,100-5,400, Tuar dal (clean) – 6,500-6,700, Udid Mogar (clean)
    – 8,800-9,300, Moong Mogar (clean) 6,800-7,400, Gram – 5,500-5,800, Gram Super best
    – 8,600-9,000

   * Wheat, rice and other commodities moved in a narrow range in
     scattered deals and settled at last levels in thin trading activity.
      
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
   
     FOODGRAINS                 Available prices     Previous close  
     Gram Auction                  4,600-5,590         4,600-5,400
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                4,000-4,600         3,800-4,300
     Moong Auction                n.a.                3,900-4,200
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Wheat Mill quality Auction        1,550-1,715        1,500-1,706
     Gram Super Best Bold            9,000-9,400        8,500-9,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            8,000-8,400        7,600-8,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            5,400-5,600        5,200-5,350
     Desi gram Raw                5,700-5,900         5,400-5,600
     Gram Kabuli                12,700-13,800        12,500-13,500
     Tuar Fataka Best-New             6,800-7,000        6,400-6,600
     Tuar Fataka Medium-New        6,200-6,500        5,800-6,100
     Tuar Dal Best Phod-New        6,200-6,400        5,700-6,000
     Tuar Dal Medium phod-New        5,800-6,000        5,500-5,700
     Tuar Gavarani New             5,500-5,700        5,200-5,400
     Tuar Karnataka             6,000-6,200        5,800-6,000
     Masoor dal best            5,000-5,500        5,000-5,500
     Masoor dal medium            4,500-4,800        4,500-4,800
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        7,000-7,500         6,800-7,200
     Moong Mogar Medium            6,500-6,800        6,200-6,500
     Moong dal Chilka            5,500-6,000        5,300-5,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            7,000-8,000        6,600-7,600
     Udid Mogar best (100 INR/KG) (New) 9,000-10,000       8,500-9,500
     Udid Mogar Medium (100 INR/KG)    6,600-7,500        6,400-7,200   
     Udid Dal Black (100 INR/KG)        5,100-5,500        4,700-5,100    
     Batri dal (100 INR/KG)        5,900-6,100        5,900-6,100
     Lakhodi dal (100 INR/kg)          2,900-3,200         2,900-3,200
     Watana Dal (100 INR/KG)            2,900-3,100        2,900-3,100
     Watana White (100 INR/KG)           3,500-3,700           3,500-3,700
     Watana Green Best (100 INR/KG)    3,600-4,800        3,600-4,800  
     Wheat 308 (100 INR/KG)        1,900-2,000        1,900-2,000
     Wheat Mill quality (100 INR/KG)    1,800-1,900        1,800-1,900  
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300        
     Wheat Lokwan best (100 INR/KG)    2,100-2,400        2,100-2,400   
     Wheat Lokwan medium (100 INR/KG)   1,900-2,000        1,900-2,000
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,000-3,600        3,000-3,600   
     MP Sharbati Medium (100 INR/KG)    2,200-2,700        2,200-2,700          
     Rice BPT new (100 INR/KG)        2,800-3,300        2,800-3,300
     Rice BPT best (100 INR/KG)        3,300-3,500        3,300-3,500   
     Rice BPT medium (100 INR/KG)        3,000-3,100        3,000-3,100   
     Rice Luchai (100 INR/KG)         2,500-2,800        2,500-2,800
     Rice Swarna new (100 INR/KG)       2,350-2,450        2,350-2,450  
     Rice Swarna best (100 INR/KG)      2,500-2,600        2,500-2,650  
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400  
     Rice HMT New (100 INR/KG)        3,600-4,000        3,600-4,000
     Rice HMT best (100 INR/KG)           4,500-5,000        4,500-5,000   
     Rice HMT medium (100 INR/KG)        4,100-4,300        4,100-4,300   
     Rice Shriram New(100 INR/KG)           4,500-4,700        4,600-4,800
     Rice Shriram best 100 INR/KG)    6,500-6,800        6,500-6,800
     Rice Shriram med (100 INR/KG)    5,800-6,200        5,800-6,200  
     Rice Basmati best (100 INR/KG)    10,000-13,500        10,000-13,500    
     Rice Basmati Medium (100 INR/KG)    5,000-7,500        5,000-7,500   
     Rice Chinnor New(100 INR/KG)        4,500-4,800        4,500-4,800
     Rice Chinnor best 100 INR/KG)    5,800-6,000        5,800-6,000   
     Rice Chinnor medium (100 INR/KG)    5,400-5,600        5,400-5,600  
     Jowar Gavarani (100 INR/KG)        2,000-2,200        2,000-2,200   
     Jowar CH-5 (100 INR/KG)         1,800-2,000        1,800-2,000

WEATHER (NAGPUR) 
Maximum temp. 34.5 degree Celsius, minimum temp. 23.7 degree Celsius
Rainfall : Nil
FORECAST: Partly cloudy sky with one or two spells or rains or thunder-showers likely. Maximum
and minimum temperature would be around and 34 and 24 degree Celsius respectively.

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

ATTN : Soyabean mandi, wholesale foodgrain market of Nagpur APMC and oil market in Vidarbha will
be closed tomorrow, Thursday, on the occasion of Pateti, Parsi New Yhttps://in.reuters.com/article/britain-education-results-idINKCN1AX14S

Rice import to reduce by 6-10% – Gov’t