Global Rice Huller (Rice Husker) Market – Buhler, Satake, Yanmar,
Zhancheng Machinery, Zhejiang QiLi
The Engelberg huller uses steel rollers to remove the husk. Other
types of huller include the disk or cono huller which uses an abrasive rotating
disk to first remove the husk before passing the grain to conical rollers which
polish it, this is done repeatedly since other sides of circular side of rice
are nut husked. Rubber rollers may be used to reduce the amount of breakage of
the grains, so increasing the yield of the best quality head rice, but the
rubber rollers tend to require frequent replacement, which can be a significant
drawback.
This report provides detailed analysis of worldwide markets for
Rice Huller (Rice Husker) from 2011-2016, and provides extensive market
forecasts (2016-2021) by region/country and subsectors. It covers the volumes,
prices, historical growth and future perspectives in the Rice Huller (Rice
Husker) market and further lays out an analysis of the factors influencing the
supply/demand for Rice Huller (Rice Husker), and the opportunities/challenges
faced by industry participants. It also acts as an essential tool to companies
active across the value chain and to the new entrants by enabling them to
capitalize the opportunities and develop business strategies.
Global Rice Huller (Rice Husker) Market Outlook 2016-2021, has
been prepared based on the synthesis, analysis, and interpretation of
information about the global Rice Huller (Rice Husker) market collected from
specialized sources. The report covers key technological developments in the
recent times and profiles leading players in the market and analyzes their key
strategies.
The global Rice Huller (Rice Husker) Market : Top Manufactures,
Buhler (Switzerland)
Satake (Japan)
Yanmar (Japan)
Sangati Berga (Brazil)
Chopra Machines (India)
Zhancheng Machinery (China)
Zhejiang QiLi (China)
Huanqiu (China)
Chenzhou Grain & Oil Machinery (China)
Yongxiang (China)
BiShan Machinery (China)
Buhler (Switzerland)
Satake (Japan)
Yanmar (Japan)
Sangati Berga (Brazil)
Chopra Machines (India)
Zhancheng Machinery (China)
Zhejiang QiLi (China)
Huanqiu (China)
Chenzhou Grain & Oil Machinery (China)
Yongxiang (China)
BiShan Machinery (China)
The Rice Huller (Rice Husker) Market size is calculated on the
basis of the revenue that is generated through the sales of all the segments
and the sub-segments in the report. The analysis of the Rice Huller (Rice
Husker) Market size involves the top-down approach and bottom-up approach for
the accuracy and data validation. Various methodical tools are utilized in the
research in order to completely study the Rice Huller (Rice Husker) Market.
Overall the Rice Huller (Rice Husker) report offers complete
consequential analysis of the parent market, key tactics followed by leading
industry Players, upcoming segments, former, current and forecast market
analysis in terms of volume and value along with entire research conclusions.
The Report serves as a valuable guide for the industry players and
other individuals who are interested in studying the Rice Huller (Rice Husker)
market.
The report provides separate comprehensive analytics for the North
America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this
sector, global competitive landscape and supply/demand pattern of Rice Huller
(Rice Husker) industry has been provided
http://legmannews.com/global-rice-huller-rice-husker-market-buhler-satake-yanmar-zhancheng-machinery-zhejiang-qili/
USA Rice Welcomes New Manager of
Government Affairs
By Deborah Willenborg
"Frank brings a wealth of experience having worked in Congress
and most recently with waterways operators along the Mississippi River, and is
well-equipped to hit the ground running with the Government Affairs team here
at USA Rice," said Ben Mosely, USA Rice vice president of government
affairs. "We're excited to have him
on board and I have no doubt he will bring creative ideas to foster new and
existing relationships with our members and help us communicate their needs and
priorities to legislators here in Washington."
Frank has a degree in Political Science from Hobart and William
Smith Colleges in Geneva, New York, and grew up in Little Silver, New Jersey.
New Decree Allows Turkey to Import Up to 100K
MT of Rice at Zero Duty
By Hartwig Schmidt
ANKARA, TURKEY -- On July
29, 2017, a new Ministry's decree was published in the Official Turkish Gazette
here allowing the Turkish Grain Board (TMO) to implement a tariff-rate quota
(TRQ) to import 100,000 MT of rice at zero duty. The regular import duty on
milled rice is 45 percent.TMO also will implement TRQs for the import of
750,000 tons of wheat and 700,000 tons of corn, also with zero duty.
This is not the first time
TMO has been granted such a quota. In 2014, the Cabinet of Ministers issued a
decision allowing the TMO to import up to 200,000 MT of rice at zero customs
duty based on a sharp increase in domestic rice prices in April 2014. The next
month, TMO started to sell Indian and U.S. rice in small packages at the retail
level.
The domestic rice industry raised concerns at
that time about TMO interference in the rice market, which allegedly resulted
in the importation and sale of rice in the retail market at prices that were
more than 25 percent below the regular market price. Despite these concerns, TMO announced another
tender in November, 2014, and bought 30,000 MT of U.S. paddy rice, along with
10,000 MT of Russian paddy rice as well as some paddy rice from Portugal.
This week, TMO announced in major newspapers
that the new decree is a preventive measure that will be used in order to curb
an increase in rice prices at the retail level.
It is unknown at this time whether TMO will
use the quota in full or in part. The
Turkish trade believes that TMO will be careful not to import any rice during
the domestic rice harvest in Turkey
Acadiana farmers &
officials expecting average rice harvest this season
CROWLEY, La. (KLFY) – Because
Acadiana had a lot of rain during the month of July, the LSU AgCenter says that
rice yields could be just around average for this rice season.Farmers are in
the middle of harvesting this year’s rice crop. The season typically starts
during mid-February or March, depending on the weather, and ends in the middle
of August.
“We’ve had some really good
yields, above 50 barrels per acre, which we like to see. But we’ve also had
several fields below 40 and in the 30 barrel range, so you know, those are very
undesirable,” said Dustin Harrell with the LSU AgCenter.
In Acadiana, the rice harvest was
supposed to start in early July, but with almost daily rain showers throughout
the month, progress has slowed significantly.
“When that rice is wet and the
soil’s wet, we don’t really want to harvest the rice, especially the retun
crop,” said Harrell.
“All this rice is standing right
now, and you get a big storm, or thunderstorms in here in the afternoons, with
high winds and rain, when it’s ripe like this, the wind will shake the grains
off some, but that’s not the big problem, the problem is it will knock it
down,” said Allen Lawson, a rice farmer from Crowley.
Even with all the rain we saw
throughout the month of July in Acadiana, rice farmers say that they’re still
expecting to have an average rice yield.
“We’ve had some pretty weak
prices for the past few years, and it looks like this year has shown some
promise. It just depends on the weather you got, and when that crop was
planted, or how it turns out. You know, we do everything we can do, and then
it’s in mother nature’s hands from there,” said Lawson.
http://klfy.com/2017/08/01/acadiana-farmers-officials-expecting-average-rice-harvest-this-season/
MP calls for
quick delivery of rice and fuel to Tanai
By Chan Thar
| Wednesday, 02 August 2017
In Tanai and Shin Bwe Yan there was
a quota system for allowing imports, with the exception of Tanai township,
where imports and exports were banned, said U Lin Lin Oo.
“The blockade started since last
year. The Northern Command (Ma Pa Ta) was carrying this out. And, as we didn’t
receive our quota, the prices here were in disorder. There are plans to start
discussions when Hluttaw takes a break,” explained U Lin in Oo.
Tanai is a region with weak
agricultural development, and after a long duration of not being able to import
rice and machinery oils, the locals were encountering many difficulties, he
said.
The Northern Command has not yet
replied to the request sent by Pyithu Hluttaw MP of Tanai township.
In early June, skirmishes between
the Tatmadaw and Kachin Independence Organisation, forced almost 1000 people to
flee their homes and take shelter in religious centres in Tanai.
Daily consumption is 10 rice bags
which poses dificulties for long-term supply, Rev Father Dabang Jedi, from
Kachin Baptist Church, said.
“Now, there is no fighting and but
there is still no changes in the number of refugees. They are still in our
churches. As rescuers cannot come, we have to feed them. We buy from the city,”
he said.
The price of a bag of rice was
K30,000 before but now it is K45,000 in Tanai, the priest said.
“Rice of unknown origin is found in
Tanai. It is very expensive, but we can’t get another supply. If it takes
longer before a new supply comes, our stocks will run out,” he said.
MP U Lin Lin Oo raised a question
at Pyi Thu Hlattaw session on June 28 and asked for free flow of rice and fuel
into Tanai.
Major General Myint Lwin replied
that there was no blockade of rice and fuel to Tanai; it was meant only to stop
the flow of goods to illegal people. He said there is no shortage of rice and
fuel in Tanai.
http://www.mmtimes.com/index.php/national-news/27058-mp-calls-for-quick-delivery-of-rice-and-fuel-to-tanai.html
Study shows global warming
reduces protein in key crops
WEDNESDAY AUGUST 2 2017
Wheat harvesting at a farm in
Sergoit, Uasin Gishu County. A study led by Harvard University researchers now
shows that global warming will drastically reduce the amount of protein in
staple crops like rice and wheat. PHOTO | JARED NYATAYA | NATION MEDIA
GROUP
In Summary
·
Researchers
yet to understand how or why carbon dioxide emissions sap protein from plants.
·
The
mystery is one that could have devastating consequences across the globe.
·
Without
stark action, these emissions are expected to climb in the decades to come.
Rising carbon dioxide levels from
global warming will drastically reduce the amount of protein in staple crops
like rice and wheat, leaving vulnerable populations at risk of stunted growth
and early death, experts warned Wednesday.
Researchers say they still do not
understand how or why carbon dioxide emissions sap protein and other nutrients
from plants, but the mystery is one that could have devastating consequences
across the globe.
An additional 150 million people
globally may be at risk of protein deficiency by 2050 because of rising levels
of carbon dioxide in the atmosphere, said the report in the Environmental Research Lettersjournal.
HARVARD RESEARCHERS
The study, led by Harvard
University researchers, is the first to quantify the impacts of global warming
on the protein levels of crops.
It relies on data from open field
experiments in which plants were exposed to high concentrations of carbon
dioxide.
Global dietary information from
the United Nations was used to calculate the impact on people who live
dangerously close to the edge when it comes to getting enough protein.
Without it, growth is stunted,
diseases are more common and early mortality is far more likely.
Carbon dioxide is a by-product of
fossil-fuel burning that helps trap heat around the earth.
EMISSIONS
Without stark action, these
emissions are expected to climb in the decades to come, resulting in rising
seas, hotter temperatures and more extreme weather events.
A leading hypothesis was that CO2
might increase the amount of starch in plants, thereby decreasing protein and
other nutrients.
But lead author Samuel Myers, a
senior research scientist in Harvard University's T H Chan School of Public
Health, said that experiments did not back up the theory.
"The short answer is we
really have no idea," he told AFP.
"We've looked into it pretty
extensively."
Protein was not the only nutrient
to take a major hit.
Other research has shown that
rising CO2 will cut key minerals like iron and zinc in staple crops, leading to
further nutritional deficiencies worldwide.
AFRICA, ASIA HARDEST HIT
Researchers calculated that by
2050, higher CO2 concentrations will sap the protein contents of barley by 14.6
per cent, rice by 7.6 per cent, wheat by 7.8 percent, and potatoes by 6.4 per
cent.
"If CO2 levels continue to
rise as projected, the populations of 18 countries may lose more than 5 per
cent of their dietary protein by 2050 due to a decline in the nutritional value
of rice, wheat, and other staple crops," said the report.
A full 76 per cent of the people
on earth rely on plants for most of their daily protein, particularly in poor areas
of the globe.
The hardest hit areas are
expected to be Sub-Saharan Africa, where millions already do not get enough
protein in their diets, and South Asia where rice and wheat are common staples.
India alone may lose 5.3 per cent
of protein from a standard diet, putting a predicted 53 million people at new
risk of protein deficiency.
Researchers said solutions may
include cutting carbon emissions, supporting more diverse diets, enriching the
nutritional content of staple crops, and breeding crops that are less sensitive
to the harmful effects of CO2
http://www.nation.co.ke/news/world/Global-warming-reduces-protein-in-crops/1068-4041662-fklbjrz/index.html
Southeast
Texas rice milling company may export to China
BEAUMONT —
Southeast Texas rice farmers
could be greatly impacted by a recent agreement between the U.S. and China.
For the first time, the door has
been opened to allow America to export rice to China.
"That is what has been 10
years in the process of being done and it's finally been signed and approved by
both governments," said Steve Gillespie, the Operations Manager of
Douget's Rice Milling Company.
The U.S. Department of
Agriculture reached the historic agreement with Chinese officials allowing U.S.
rice to be exported to China for the first time.
"Really early in the stages,
it was actually not even permitted before now it's permitted now the market is
going to determine what happens and what do they want," said Gillespie.
China is the largest consumer of
rice in the world, giving opportunity to rice milling companies like Doguet's
in Beaumont.
"We don't do much exports
because of the capacity of the mill, it's not a huge mill, it's a high quality
domestic food mill and we do a lot of organic rice which very few mills in the
country do," Gillespie said.
Gillespie says the company is
considering exporting rice to China in the future, which could increase sales
significantly.
"Well it depends what kind
of rice they want determines where they're going to get it from. If they want
to take organic rice from down here it could be a big deal for Doguet's,"
he said.
The industry estimates china
could buy 250 thousand tons of U.S. Rice per year
http://kfdm.com/news/local/southeast-texas-rice-milling-company-may-export-to-china
Asean cites
PhilRice chief rice scientist
August
2, 2017, 3:57 pm
·
COTABATO CITY, Aug. 1, (PNA) –- The
Association of Southeast Asian Nations (Asean) named a Maguindanao rice breeder
as Outstanding Rice Scientist of the Philippines, Agriculture Sec. Emmanuel
Pinol on Wednesday said.
Pinol said Dr. Sailila Estilong
Abdula, acting executive director of Philippine Rice Research Institute
(PhiRice) has developed rice varieties resistant to “tungro,” a pest that
destroys rice stalks and common in the Philippines.
He said Abdula, 44, was chosen from
among a long list of rice scientists in the Philippines who have contributed to
the development of the rice industry.
Abdula, a resident of Matalam,
North Cotabato, is holder of Doctarate degree Agriculture, major in plant
genetics, from Chungbuk National University in Korea in 2012.
A farmer by heart and rice breeder,
Abdula helped developed RC120 and RC 226 to address the “Tungro” rice disease
in southern Mindanao.
Rice tungro bacilliform virus
(RTBV) is a plant pararetrovirus of the family Caulimoviridae. Tungro means
'degenerated growth' and was first observed in Philippines.
After finishing as cum laude his
Bachelor of Science in Agriculture at the University of Southern Mindanao in
Kabacan, North Cotabato, Abdula started working as junior researcher at
PhilRice in September 1996.
He earned his master’s degree in
plant breeding from UP Los Banos. He also finished Master in Development
Management in the Development Academy of the Philippines.
Pinol said Dr. Abdula was chief
science research specialist and designated acting director of the PhilRice
Midsayap branch station in North Cotabato, when he handpicked him to be the
Acting Executive Director of PhilRice effective August 2016.
Pinol also said the search for the
outstanding rice scientists in each of the member countries of the (ASEAN) is
being conducted by a committee composed of International Rice Research
Institute (Irri) and Asean officials. (EOF/PNA)
http://www.pna.gov.ph/articles/1004314
CPI inflation clocks in at 2.91 percent year-on-year in July
ISLAMABAD: Consumer price inflation
clocked in at 2.91 percent year-on-year in July mainly due to increase in
prices of non-perishable products, officials said on Tuesday.
Consumer price index (CPI)
inflation stood at 0.34 percent in July as compared to June, officials at
Pakistan Bureau of Statistics (PBS) said, while presenting data of monthly
inflation during a press conference.
The food and non-alcoholic
beverages inflation increased 0.71 percent in July 2017 compared with July
2016. Similarly, CPI for non-perishable food items increased to 1.58 percent,
clothing and footwear 3.89 percent, housing, water, electricity, gas and other
fuels 5.29 percent, furnishing and household equipment maintenance 2.72 percent
and health 13.36 percent, while CPI for transport increased by 3.18
percent. Government set the inflation target around 4.3 percent for the
fiscal year of 2017/18. CPI inflation was recorded at 4.16 percent
for the fiscal year of 2016/17. State Bank of Pakistan (SBP) projected CPI
inflation at 4.5 to 5.5 percent in 2016/17. The government was expecting the
annual reading at 4.3 percent for FY2017. Inflation was on average 12 percent
between 2008 and 2013.
Inflation has so far remained under
target, increasing a likelihood of continuation in soft monetary policy stance
by the central bank.
In July, SBP kept policy rate
stable at 5.75 percent for the next two months, leaving the rate unchanged
since July 2016 to support growth pace and to rejuvenate weak external sector.
The Bank contained inflation as one the reasons of keeping its key policy rate
unchanged. It forecast average CPI inflation in the range of 4.5-5.5 percent
for FY2018. PBS collects retail and wholesale prices of products from
across the country and computes the CPI and wholesale price index (WPI) on
monthly basis, while the sensitive price indicator is calculated on weekly
basis.
In July, CPI for communication
increased 1.52 percent, recreation and culture 0.21 percent, education 11.36
percent, restaurant and hotel 5.32 percent, while prices of miscellaneous goods
and service increased 4.82 percent.
Consumer price inflation for
perishable food items decreased 3.77 percent and the SPI for alcoholic
beverages and tobacco also decreased 15.93 percent.
Meanwhile, the top items which
witnessed increase in prices on year-on-year basis in July 2017 compared to
July 2016 included Lipton tea (26.47pc), toilet soap (20.61pc), apple
(19.51pc), ginger (17.33pc), iron bar (16.53pc) rice basmati (14.53pc),
potatoes (12.24pc), Tapal Danedar (10.58pc), petrol (10.29pc), diesel (9.54pc)
and unskilled labour wage (8.71pc).
The items that witnessed decrease
in prices during July included tomatoes (45.10pc), capstan cigarettes
(25.74pc), mash pulse (24.96pc), cigarettes (22.07pc), moong pulse (18.01pc),
garlic (16.71pc), masoor pulse (16.43pc), gram pulse (16.15pc), sugar
(15.80pc), besan (12.04pc), gram whole black (10.18pc), onion (7.03pc) and
wheat flour bag (2.21pc).
In July, WPI increased 0.66
percent, while the SPI witnessed negative growth of 0.45 percent.
https://agriculture.einnews.com/article/395765535/fgUxK9lcVUxTurce?lcf=mfbGzFqDS4bNQ1jDta8oRvPjgESunH4NfqaGB2CDatA%3D
Nagpur Foodgrain Prices Open- August 2, 2017
Reuters | Aug
2, 2017, 02:35 PM IST
Nagpur Foodgrain Prices - APMC/Open Market-August 2 Nagpur,
August 2 (Reuters) - Gram and tuar prices reported
higher in Nagpur Agriculture Produce and Marketing Committee (APMC)
here on good seasonal demand from local millers amid thin arrival from
producing regions. Notable hike in Madhya Pradesh pulses and repeated
enquiries from South-based millers also jacked up prices. About 600 of gram and
650 bags of tuar were available for auctions, according to sources. FOODGRAINS
& PULSES GRAM * Desi gram raw recovered in open market on
renewed festival season demand from local traders. TUAR * Tuar Karnatakashowed weak tendency in open
market on lack of buying support from local traders amid good supply from
producing belts. * Moong Chamki moved down in open market on
poor demand from local traders amid good supply from producing regions. * In
Akola, Tuar New - 3,400-3,6500, Tuar dal (clean) - 5,100-5,400, Udid Mogar
(clean) - 7,200-7,900, Moong Mogar (clean) 6,500-7,200, Gram - 4,500-4,700,
Gram Super best - 7,400-7,700 * 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 4,350-5,060 4,350-5,000
Gram Pink Auction n.a. 2,100-2,600 Tuar
Auction 3,250-3,790 3,200-3,700 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
1,550-1,708 1,550-1,708 Gram Super Best Bold 7,500-8,000 7,500-8,000 Gram Super
Best n.a. n.a. Gram Medium Best 6,700-7,000 6,700-7,000 Gram Dal Medium n.a.
n.a Gram Mill Quality 5,000-5,100 5,000-5,100 Desi gram Raw 4,700-4,900
4,700-4,900 Gram Yellow 7,100-8,100 7,100-8,100 Gram Kabuli 12,300-13,400
12,300-13,400 Tuar Fataka Best-New 5,400-5,700 5,400-5,700
Tuar Fataka Medium-New 5,200-5,300 5,200-5,300
Tuar Dal Best Phod-New 5,000-5,200 5,000-5,200 Tuar Dal Medium phod-New
4,700-5,000 4,700-5,000 Tuar Gavarani New 3,600-3,700 3,600-3,700 Tuar Karnataka 3,700-3,900 3,750-3,950 Masoor
dal best 4,700-4,900 4,700-4,900 Masoor dal medium 4,400-4,600 4,400-4,600
Masoor n.a. n.a. Moong Mogar bold (New) 6,700-7,000 6,700-7,000 Moong Mogar
Medium 6,000-6,500 6,000-6,500 Moong dal Chilka5,200-5,800
5,200-6,000 Moong Mill quality n.a. n.a. Moong Chamki best 6,500-7,000
6,500-7,000 Udid Mogar best (100 INR/KG) (New) 7,500-8,000 7,500-8,000 Udid
Mogar Medium (100 INR/KG) 6,500-7,000 6,500-7,000 Udid Dal Black (100 INR/KG)
4,000-4,500 4,000-4,500 Batri dal (100 INR/KG) 4,500-5,000 4,500-5,000 Lakhodi
dal (100 INR/kg) 2,800-3,000 2,800-3,000 Watana Dal (100 INR/KG) 2,850-3,000
2,850-2,950 Watana White (100 INR/KG) 3,500-3,700
3,500-3,700 Watana Green Best (100 INR/KG) 4,100-4,600
4,100-4,600 Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000 Wheat Mill quality
(100 INR/KG) 1,750-1,850 1,750-1,850 Wheat Filter (100 INR/KG) 2,100-2,300
2,100-2,300 Wheat Lokwan best (100 INR/KG) 2,200-2,400 2,200-2,400 Wheat Lokwan
medium (100 INR/KG) 1,900-2,100 1,900-2,100 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) 2,700-3,300 2,800-3,400 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) 2,300-2,400
2,300-2,400 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) 3,700-4,000 3,700-4,000 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) 4,400-4,800 4,400-4,800 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) 4,500-4,700 4,500-4,700 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) 1,900-2,200 1,900-2,200 Jowar CH-5 (100
INR/KG) 1,800-1,900 1,800-1,900 WEATHER (NAGPUR) Maximum temp. 35.0 degree
Celsius, minimum temp. 24.0 degree Celsius Rainfall : 9.8 mm FORECAST:
Generally cloudy sky with light rains. 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)
Rajkot Foodgrain Prices- August 2, 2017
Reuters | Aug 2, 2017, 02:35 PM IST
Rajkot Foodgrain Prices Open- August 02 Aug 02 (Reuters) - Market delivery prices of food grains and pulses
at Rajkot in India's western state of Gujaratopened on a mixed trend, traders said Wednesday. * *
FOOD GRAINS & PULSES * Gram and Gram Daal prices firmed up due to retail
demand. * Tuar prices dropped due to lack of buying support from mills. * Rice
prices moved down due to supply pressure. Prices of food grains and pulses in
rupees per 20 kilograms, and deliveries in 100-kilogram bags: Delivery Auction
price Previous price FOOD GRAIN Wheat Lokwan 00,310 316-350 316-364 Wheat Tukda
01,120 317-381 318-385 Jowar White 065 225-555 340-551 Bajra 0,035 225-270
270-280 PULSES Gram 00,250 0,800-1,040 0,940-1,031 Udid 0,225 0,500-0,930
0,550-0,992 Moong 0,150 0,750-1,051 0,730-0,925 Tuar 0,370 0,500-0,662
0,550-0,638 Maize 008 280-310 250-300 Vaal Deshi 045
0,350-0,680 0,380-0,650 Choli 0,035 0,800-1,225 0,600-1,350 Rajkot market
delivery prices in rupees per 100 kilograms:. Today's Price Previous close FOOD
GRAINS Wheat Mill quality 1,590-1,600 1,590-1,600 Wheat (medium) 1,750-1,775
1,750-1,775 Wheat (superior best) 2,050-2,100 2,050-2,100 Bajra 1,360-1,370
1,360-1,370 Jowar 3,000-3,050 3,000-3,050 PULSES Gram 05,250-05,350
05,150-05,250 Gram dal 06,900-07,000 06,700-06,800 Besan (65-kg bag)
4,900-5,000 4,900-5,000 Tuar 03,500-03,600 03,700-03,800 Tuardal 06,000-06,100
06,000-06,100 Moong 4,400-4,500 4,400-4,500 Moongdal 5,500-5,550 5,500-5,550
Udid 04,900-05,000 04,900-05,000 RICE IR-8 2,300-2,350 2,350-2,400 Basmati Best
8,500-8,600 08,700-08,800 Parimal 2,400-2,450 2,400-2,450 Punjab Parimal
2,600-2,650 2,700-2,750 Basmati Medium 6,000-6,100 6,000-6,100
Rice deal cooking with Bangladesh
Cambodia and Bangladesh announced a
potentially massive rice deal yesterday that would deliver up to 1 million
tonnes of local rice to the South Asian nation over the next five years,
provided they agree on the pricing terms. Minister of Commerce Pan Sorasak said
Bangladesh signed a memorandum of understanding (MoU) for the purchase of 1
million tonnes of rice after its own crops were damaged by heavy flooding in
May and stockpiles to feed its population of 162 million were quickly depleted.
“Bangladesh will purchase 1 million tonnes of rice in the next five years, with
an initial rice shipment of 250,000 tonnes to be delivered by October this
year,” he said, adding that the state-owned Green Trade Company would
collaborate with the Cambodia Rice Federation (CRF) to fill the export orders.
According
to Sorasak, Bangladesh is seeking urgent shipment of 200,000 tonnes of white
rice and 50,000 tonnes of parboiled rice in the coming months. Qamrul Islam,
Bangladesh’s Minister of Food, explained that flash floods in the northeastern
part of his country in May, which reportedly wiped out a potential 700,000
tonnes of rice under cultivation, had led to a severe food shortage. “Due to
the floods, we are having a lot of problems,” he said. “And for that reason, we
came here to sign the MoU to import rice to our country. Right now we would
like to purchase 250,000 tonnes immediately, and then we will decide about more
in the future.” CRF President Sok Puthyvuth said following the signing that
Cambodia could easily fill the order, but cautioned that the deal was still
just an MoU and there were no guarantees that even a grain of Cambodian rice would
ever reach Bangladeshi ports.
He
said it would all come down to price, noting that Bangladesh had signed similar
prospective agreements with Cambodia’s rival rice producers in the region,
including some able to offer a lower price on delivery. “The timeframe for this
amount is not an issue because we already have a lot of paddy rice on hand,” he
said. “But what we need to discuss and find is a fair market price to meet
their demand.” He expressed optimism, however, pointing out that even though
Cambodia’s rice prices were slightly higher than those of some neighbouring
countries he still felt Bangladesh would opt to purchase Cambodian rice.
Hean Vanhan, undersecretary of state of
Ministry of Agriculture, said the MoU could open the door to a previously untapped
market for Cambodian rice exports. However, he said even if the two governments
finalise the deal its success would depend on its terms, pointing out that
Bangladesh’s existing import tariffs on Cambodian rice could push costs up. “We
welcome the opportunity for a new export destination, but we have to make sure
of what has actually been agreed upon in the MoU,” he said.
“If
there is no import tariff exemption and our prices do not match, then a target
of 1 million in five years will not work.” In 2016, Cambodia exported 542,144
tonnes of milled rice, a nominal 1 percent increase over the previous year.
Rice exports reached 300,000 tonnes during the first half of the year,
according to Ministry of Commerce data, with much of this bound for China, which
has agreed to purchase 200,000 tonnes of rice in 2017. Vanhan said that despite
Cambodia averaging about 5 million tonnes of paddy rice surplus annually, the
country’s capacity to fill Bangladesh’s order would hinge on local millers
having sufficient capital to purchase the paddy instead of letting it flow out
of the country through Vietnamese brokers.
Song
Saran, CEO of rice miller and exporter Amru Rice, expressed scepticism over the
1 million tonne rice deal given that Bangladesh has inked similar MoUs with
India, Pakistan, Vietnam and Thailand. “We are their fifth option and we face a
lot of challenges to be competitive,” he said. “However, we should still take
the chance to join the tender.” He added that Bangladesh would need to import
about 1.2 million tonnes of rice this year, which he suspected would end up
being supplied mostly by neighbouring India.
Bangladesh signs deal to buy 1 mln tons of rice
from Cambodia
Source:
Xinhua| 2017-08-02 18:55:00|Editor: Zhou Xin
Bangladeshi Food Minister Qamrul Islam (front L) shakes hands with
Cambodian Minister of Commerce Pan Sorasak (front R) during a signing ceremony
in Phnom Penh, Cambodia, on Aug. 2, 2017. Bangladesh signed a Memorandum of
Understanding (MoU) on Wednesday to purchase 1 million tons of milled rice from
Cambodia within five years from 2017 to 2022. (Xinhua/Sovannara)
PHNOM PENH, Aug. 2 (Xinhua) -- Bangladesh signed a Memorandum of
Understanding (MoU) on Wednesday to purchase 1 million tons of milled rice from
Cambodia within five years from 2017 to 2022.
The deal was inked in Phnom Penh between Cambodian Minister of
Commerce Pan Sorasak and Bangladeshi Food Minister Qamrul Islam.
Bangladesh, the world's fourth-largest rice producer, has become
a major importer of the grain this year after flash floods hit rice paddy
output this year, said Qamrul Islam.
"We want to purchase immediately 200,000 tons of white rice
and 50,000 tons of parboiled rice from Cambodia," he told reporters after
the signing ceremony.
Sorasak said in the first phase, the Cambodian government's rice
exporter Green Trade will deliver 250,000 tons of rice to the Bangladesh's Directorate
General of Food by October, and the remaining 750,000 tons will be delivered in
phases until 2022.
"This is one of the biggest rice deals Cambodia has signed
with friendly countries," he said.
Cambodia produced about 9.3 million tons of paddy rice a year.
With this amount, it has more than 3 million tons of milled rice left over for
annual export.
According to government figures, Cambodia exported a total of
542,000 tons of milled rice to 56 countries and regions in 2016, up 0.7 percent
year-on-year.
http://news.xinhuanet.com/english/2017-08/02/c_136494187.htm
Bangladesh
signs deal to buy Cambodia rice
Reuters Staff
PHNOM
PENH, Aug 2 (Reuters) - Bangladesh signed an agreement with Cambodia on
Wednesday to purchase 1 million tonnes of rice within the next five years,
officials said.Bangladesh will purchase 200,000 tonnes of white rice and 50,000
parboiled rice this year, Cambodia's Commerce Minister Pan Sorasak told
reporters, after signing a Memorandum of Understanding with Bangladeshi Food
Minister Kamrul Islam in Phnom Penh.
"We
will be able to export to Bangladesh by around October after signing this
deal," he added.
Bangladesh,
the world's fourth-biggest rice producer, has now become a major importer of
the grain this year after flash floods in April hit their domestic output. As a
result, the country is facing dwindling stockpiles and high local rates."Due
to the floods we have a problem this year. We came here to implement an MoU
with Cambodia," said Kamrul Islam.
Cambodia
said this is their biggest rice export deal, and also plans to renew an MoU
with Indonesia as well."We want to push for a 1-million-tonne deal with
Indonesia," said Commerce Ministry spokeswoman Soeng Sophary.Cambodia
exported 288,562 tonnes of rice in the first six months this year, an increase
of 7.6 percent compared with the same period last year.
Though
the country was drought-hit, it managed to export 542,144 tonnes of rice last
year. (Reporting by Prak Chan Thul; Editing by Sherry Jacob-Phillips)
http://af.reuters.com/article/commodities07News/idAFL4N1KO33S
Basmati rice, guargum drive
India’s April-June agri exports
Buffalo meat shipments stay flat
BENGALURU, AUGUST
1:
India’s agri exports for the
April-June quarter rose by almost a tenth in dollar terms and 7 per cent in
rupee terms on strong overseas demand for products such as basmati rice and
guargum.
Exports in dollar terms stood at
$4.39 billion, up from $4 billion in the corresponding period last year. In rupee
terms, the exports stood at ₹28,230 crore, against ₹26,525 crore in the previous year period, according to
provisional estimates by the Agricultural and Processed Food Products Export
Development Authority (Apeda).
The shipments of buffalo meat,
which had slowed down in the immediate aftermath of a ban on trade of cattle
for slaughter, have registered a 3 per cent growth in dollar terms at $849
million for the April-June period, although the export volumes were flat at
around 2.79 lakh tonnes.
Basmati rice, the largest product
in the agri-exports basket, saw increased buying from Iran during the period.
Basmati volumes for the April-June quarter stood at 1.25 million tonnes, a
growth of 6 per cent over last year’s 1.18 million tonnes.
The renewed demand for Indian
guargum saw the export volumes almost double during the period.
Shipments of guargum, used by the
US shale gas industry in extracting the gas, stood at 1.45 lakh tonnes in
April-June this year, against 77,174 tonnes in the corresponding period last
year.
Besides increased buying from
Iran, the higher per unit realisation fetched by basmati shipments also
contributed to the overall export growth in value terms, said DK Singh,
Chairman of Apeda. As against per tonne realisation of around $850 last year,
basmati rice has commanded an average price of $1009 per tonne in the
April-June quarter this year.
Higher realisations for
non-basmati rice has also pushed up the growth in exports of the cereal as
volumes saw a marginal dip at 1.72 million tonnes (against 1.78 million
tonnes).
Also, the issue relating to ban
on trade of cattle has not impacted exports. Singh said Apeda is focussing on
new markets in South-East Asia, such as Malaysia and the Philippines, to boost
buffalo meat exports.
“We are expecting a delegation
from these two countries this month to visit India for approving the abattoirs.
Once we get the approval, we should be able to export more,” Singh said.
Presently, Vietnam is the largest buyer of India’s buffalo meat.
Further, Singh said Apeda is
focussing on boosting fruit and vegetable shipments, where the state-run entity
sees big potential. Fresh fruit exports went up marginally to ₹1,349 crore this year (against ₹1,332 crore).
India’s total agri and processed
food exports stood at ₹1.088 lakh crore in 2016-17.
http://www.thehindubusinessline.com/economy/agri-business/basmati-rice-guargum-drive-indias-apriljune-agri-exports/article9797389.ece
Typhoon damage low but rice stocks dwindling
Agriculture damage caused by typhoons remains minimal but
dwindling rice stocks in government warehouses have raised questions about the
government’s ability to respond to calamities.
Christopher Morales, head of the Agriculture department’s
Operational Planning Division, said the damage caused by typhoon Gorio and the
southwest monsoon, enhanced by tropical storm Huaning, had reached P11.92
million.
Morales, however, said that losses in Luzon – a major agriculture
production area — remained “negligible”.
“As of August 1, a total of 2,580 hectares of agricultural areas
with estimated volume production loss of 484 metric tons were affected in
Regions I, III and CAR. The affected commodities include rice, corn and high
value crops,” Morales said in a telephone interview.
Losses have not been reported for Regions II, IV-A and V.
Morales said the impact on rice is particularly minimal as the
reported damage represented less than a percent of the expected third quarter
production.
“Most of the affected areas were in the western part of Luzon. We
can expect a slight reduction of yield because of the rain, but no significant
reduction in production since the areas were not destroyed,” he added.
Morales said regional field offices still had sufficient buffer
stocks available for distribution to calamity stricken areas, particularly for
farmers who want to replant immediately.
As this developed, National Food Authority spokesperson Marietta
Ablaza said total rice inventory at government-owned warehouses had fallen to
2.3 million bags, good for less than four days.
“We have about 3.8 days worth of rice stocks left. It is still
currently holding, but we expect this to further drop to lower levels in the
coming days,” Ablaza told The Manila Times.
She said the state grains agency was currently stretching its
stocks and had already stopped distribution of subsidized rice to retail
outlets nationwide.
“Right now, most of our stocks are limited to calamity and
disaster distribution. But once the notice of the award is signed, imported
rice stocks should start arriving by second week of August,” Ablaza said.
Total rice deliveries of 250,000 metric tons will be staggered
from August to September, with a total of 120,000 MT expected to arrive in
August and 130,000 MT to arrive in September.
However, it is not clear whether the NFA will resume distribution
of rice to retailers once the imported rice, good only for eight days, arrive.
The NFA needs to maintain a rice buffer stock good for 15 days at
any given time and a larger 30 days at the onset of the lean months. This is
based on the daily consumption requirement of 32,150 MT or 643,000 bags.
“We’re still lucky that prices or rice haven’t gone up,” Ablaza
said.
The Philippine Statistics Authority, meanwhile, reported an upward
adjustment in both farmgate and retail prices in fourth week of July 2017 – the
sixth straight week of increases.
“The average farmgate price of palay at P19.48/kg recorded an
increase of 0.28 percent from a week ago level of P19.42/kg and 3.92 percent
from previous year’s price of P18.74/kg,” the PSA said.
Compared to the previous week, the average wholesale price of well
milled rice — at P39.09/kg – was up by 0.12 percent. It was likewise 1.09
percent higher compared to the same period last year. The P41.93/kg average
retail price of well milled rice was also higher by 0.16 percent from last week
and 0.48 percent from a year ago.
PHL seeks more elbow room in
setting rice tariffs
AUGUST 2, 2017
The Philippines could set the
maximum tariff rate on rice at a range of 50 percent to 700 percent, reflecting
the government’s intent to have a wide policy space in balancing the interest
of farmers and consumers.
This was evident in the stance of
the Executive and the Legislative branches during the meeting of the House
Committee on Agriculture and Food Technical Working Group (TWG) on the
amendment of Republic Act (RA) 8178, or the Agricultural Tariffication Act, on
Tuesday.
Rep. Gloria Macapagal-Arroyo of
Pampanga noted that the Philippines is under pressure to convert the
quantitative restriction (QR) on rice into tariffs, as it is the lone country
that continues to implement it after South Korea and Japan have tariffied their
import caps.
However, Arroyo said the
Philippines should invoke its independent foreign policy and should consider
binding its rice tariff at 700 percent to protect local farmers.
“We have an independent foreign
policy, so we should interpret our agreements and commitments to our favor.
These two other countries [South Korea and Japan] are violating the World Trade
Organization [WTO] formula, and they are getting a range of 500 [percent] to
700-percent and are not yet sanctioned up to now,” she added. “Why are we now
going to be so strict in the interpretation of ‘commitment’? Let’s
also be liberal, that’s why I’m proposing a 700 percent bound rate,” Arroyo
said.
The lawmaker added she would
include her bound-tariff proposal under a bill seeking to amend RA 8178, which
she authored.
The Department of Agriculture’s
(DA) had recommended a much lower bound-tariff rate for rice at a range of 50
percent to 125 percent. Agriculture Undersecretary Segfredo R. Serrano said the
figures were based on the DA’s initial estimates.
“We have had calculations using
the formula, and we shall provide an updated document with these calculations
for the information of the committee in agriculture and food and the TWG
[technical working group],” Serrano added during the meeting on August 1. “I
think the numbers are ranging from 50 [percent] to around 100 [percent] to 125
percent,” Serrano said, referring to the tariff-equivalent formula provided
under Annex 5 of the WTO Agreement on Agriculture (AoA).
Annex 5 of the AoA states that
the tariff equivalent of converting any nontariff measures shall be based on
the difference between the domestic price and international price (cost,
insurance and freight unit value or CIF) of the commodity for 1986 to 1988.
Paragraph 10 of the Annex 5
states that the tariff equivalent coming from the formula “shall be bound in
the Schedule of the Member concerned”. Bound tariffs are maximum tariff rates
that a WTO member-country could impose on a certain commodity.
The authority to set bound
tariffs is vested in Congress. But under the Customs Modernization and Tariff
Act, the President, upon the recommendation of the National Economic and
Development Authority, has the power to modify the tariffs applied on
Philippine imports.
During the meeting of the TWG,
Serrano also urged lawmakers to prioritize the conversion of the QR into
tariffs so as not to prolong the period that the Philippines is in breach of
its commitment to the WTO.
“Even though the executive order
[EO] of the President has removed the motivation from our negotiating partners,
that doesn’t guarantee that no member of the WTO will sue because we are in
breach of our obligation,” he said. “Therefore, the No. 1 priority would be
tariffication, and we may have to postpone other peripheral issues for later
legislation or bills.”
The Philippines is now under
pressure to convert its QR on rice into ordinary customs duties after its
waiver on the special treatment on rice expired on June 30.
The WTO General Council approved
the waiver, which allowed Manila to keep its rice QR until June 30, on the
condition that the Philippines will subject its rice imports to ordinary custom
duties by July 1.
“At the expiration of this
waiver, and no later than June 30, 2017, the importation of rice shall be
subject to ordinary customs duties in accordance with paragraph 10 of Annex 5,
Section B, of the Agreement on Agriculture,” the WTO General Council decision
read.
However, in an earlier COA meeting
in Geneva in March, the Philippines informed WTO members that it is facing
delays in converting the QR due to the nonamendment of RA 8178, which imposed
the import caps on rice indefinitely. As a sign of “goodwill” to its trading
partners, Duterte signed EO 23 last month, extending the concessions made
by the Philippines in securing the waiver in 2014.
The temporary modification of
most-favored nation-tariff rates is effective until June 30, 2020, or until
such time a law amending certain provisions relating to rice in RA 8178 is
enacted, whichever comes first.
“The EO of the President is good,
because we will preserve the concessions so there would be no motivation for
our negotiating partners to sue us,” Serrano said in an earlier interview
http://www.businessmirror.com.ph/phl-seeks-more-elbow-room-in-setting-rice-tariffs/
Floods in Thailand's northeast kill 23
By AFP
Published: August 2, 2017
BANGKOK: Heavy rains have brought some of the worst
floods for years to Thailand’s rural northeast where 23 people have died over
the past month, officials said Wednesday.
Flash floods
have disrupted air travel, inundated rail tracks and swallowed farmland across
the rice-farming region of Isaan, affecting more than one million Thais.
Twenty-three people have died since July 5, the disaster department said in a
daily update.
All were
swept away by the floodwaters and drowned, it said. Junta chief Prayut
Chan-O-Cha flew to the hardest-hit province of Sakon Nakhon on Wednesday to
inspect a reservoir that had cracked under the downpour, triggering flash
floods.
“Sonca Storm caused flooding in more than 35
provinces,” he told residents, referring to a tropical storm that recently blew
over from the South China Sea.
“Thai people
need to understand that this area is a flood risk because we are facing global
warming,” added the junta chief, who joined rescue boats to hand out survival
kits to stranded families.
Ten provinces
are still battling severe floods as rains continue to lash the upper part of
the northeast region, according to the weather bureau. In January unseasonal
monsoons deluged Thailand’s south, leaving over 30 dead and wrecking
infrastructure across the region
https://tribune.com.pk/story/1472306/floods-thailands-northeast-kill-23/
Sri Lanka cuts import taxes on
rice, maize wheat fish amid drought
Aug 02, 2017 06:22 AM GMT+0530 |
ECONOMYNEXT - Sri Lanka has cut
import taxes on maize, rice, flour, and fish, to bring down prices amid a
drought, and also cut import taxes on wheat grain, the finance ministry said.
A remaining 5 rupee tax on rice has been cut to 25 cents and it would remain in place until December 31. Sri Lanka's domestic rice prices have risen after harvests halved amid a drought.
A tax (special commodity levy) on imported wet fish has been cut by 50 rupees to 25 rupees for three months on the request of a fisheries ministry.
Maize, which is a key ingredient of chicken feed will be charged a new 10 rupee special commodity levy replacing a 15 percent import duty, 15 percent value added tax, 7.5 port and airport levy, 2 percent nation building tax and a 35 percent cess.
The various taxes totalled about 60 to 70 rupees per kilo of imported maize.The import taxes on maize slapped to give extra profits to domestic farmers and a grain collector cartel has been blamed by some analysts for protein malnutrition of kids.The tax on imported wheat flour has been cut from 25 rupees a kilo to 15 rupees and tax on wheat grain has been cut from 9 rupees to 6 rupees.
The differential taxes on wheat grain and wheat flour has been maintained to give large profits to a miller cartel, critics say. The taxes date back from a time wheat gran milling was a monopoly, they say.Wheat is consumed by the poorest populations in Sri Lanka. (Colombo/July02/2017)
A remaining 5 rupee tax on rice has been cut to 25 cents and it would remain in place until December 31. Sri Lanka's domestic rice prices have risen after harvests halved amid a drought.
A tax (special commodity levy) on imported wet fish has been cut by 50 rupees to 25 rupees for three months on the request of a fisheries ministry.
Maize, which is a key ingredient of chicken feed will be charged a new 10 rupee special commodity levy replacing a 15 percent import duty, 15 percent value added tax, 7.5 port and airport levy, 2 percent nation building tax and a 35 percent cess.
The various taxes totalled about 60 to 70 rupees per kilo of imported maize.The import taxes on maize slapped to give extra profits to domestic farmers and a grain collector cartel has been blamed by some analysts for protein malnutrition of kids.The tax on imported wheat flour has been cut from 25 rupees a kilo to 15 rupees and tax on wheat grain has been cut from 9 rupees to 6 rupees.
The differential taxes on wheat grain and wheat flour has been maintained to give large profits to a miller cartel, critics say. The taxes date back from a time wheat gran milling was a monopoly, they say.Wheat is consumed by the poorest populations in Sri Lanka. (Colombo/July02/2017)
http://economynext.com/Sri_Lanka_cuts_import_taxes_on_rice,_maize_wheat_fish_amid_drought-3-8434.html
Erratic monsoon rains threaten key Indian grain, food crops
Labourers plant saplings in a paddy field on the outskirts of
Bhubaneswar in this July 19, 2014 file photo.
Stringer/Files
MUMBAI (Reuters) - India's monsoon has delivered 1 percent more
rain than normal so far this year, but erratic distribution has flooded some
areas and left others in drought, clouding the outlook for key summer-sown
crops more than midway through the season.The uneven rains could lead to lower
food grain output despite bigger planting areas, forcing India to raise imports
of edible oils, sugar and pulses, and potentially limiting exports of cotton,
rice and feed ingredients, traders said.
"Where it is not necessary, rainfall is abundant. Here, we
badly need rains, but we haven't got them in a fortnight," said Netaji
Surywanshi, a soybean farmer from Maharashtra whose crop on 9 acres has started
wilting during a critical growth phase.Surywanshi's Marathwada region in
central India has received 21 percent lower rainfall than normal this monsoon -
which started on June 1 - while some regions in southern India recorded as much
as a 34 percent shortfall, according to the state-run India Meteorological
Department (IMD).In contrast, areas like western Rajasthan got as much as 126
percent more rain than normal, leading to floods that killed more than 300
people and displaced millions.
Monsoons deliver about 70 percent of India's annual
rainfall and are critical for farmers because half of their lands lack
irrigation. Farms account for 15 percent of India's $2 trillion economy and
employ more than half of its 1.3 billion people.This year, 58 percent of the
country received normal rainfall, and the remainder got excess or deficient
rains, according to IMD.
A man walks on a divider as a motorcyclist wades through a flooded
road during rains in Mumbai, India, August 5, 2016."At the time of sowing, rainfall was good, but
many regions did not get follow-up showers or received too much rain,"
said Harish Galipelli, head of commodities and currencies at Inditrade
Derivatives & Commodities."This will bring down yields. Production of
rice, cotton, pulses and oilseeds could be lower than last year."Prices of
some vegetables reacted quickly to the uneven rains. Onion prices doubled in a
fortnight, and tomato prices quadrupled in a month.
This despite the planting area of summer-sown crops
rising by 3.3 percent this season to 79.13 million hectares, according to
Ministry of Agriculture data last week."The ongoing dry spell has already
hit crops. If it gets extended even a few more days, damage will rise
sharply," said a Karnataka agriculture department official who was not
authorized to speak to media.Rainfall is unlikely to revive in southern and
central India this week, said an IMD meteorologist who declined to be named.Southern
states Kerala, Karnataka and Tamil Nadu have received less rainfall than in the
drought-hit 2016 season, creating a scarcity of drinking water."Last year
we incurred losses due to lower prices. This year it seems the weather god will
ruin our investment," said farmer Surywanshi.
https://in.reuters.com/article/india-monsoon-idINKBN1AI1VJ
