Pakistan
Rice Sector Urged to Adopt Modern Technologies to Avoid Losses
Dec 09, 2014
Rice experts in Pakistan have
stressed for improved rice quality and modern harvesting and milling technology
in the country, according to local sources.Speaking at a national seminar on
"Rice quality and head recovery affected by harvesting/threshing and
milling practices,” the Secretary of Pakistan Agricultural Research Council
(PARC) noted that Pakistan lacks special rice combine harvesters and most of
the farmers have been using conventional wheat combine harvesters for rice
harvesting leading to increased grain shattering, breakage losses and low head
rice recovery.
The National Agricultural
Research Council (NARC) Director General added that introduction of new improved
harvesting machines can increase the quality of rice as well as reduce
post-harvest losses. He noted that PARC has developed newer technologies and
the PARC and NARC are working together to educate and train farmers to adopt
those technologies and thereby increase the quality of rice production and
minimize losses. Other speakers noted
that poor crop conditions, traditional drying and storage practices are also
leading to low head rice recovery.
They added that paddy harvested
by head feeding combines resulted in better head rice recovery.They suggested
for introduction of new and improved rice varieties; introduction of latest
head feeding combines; installation of rice kits on conventional wheat
combines; introduction of modern threshers and mechanical dryers; and a
legislation directing farmers to reduce moisture content.
Fiji
Receives China Support to Boost Rice Production
Dec 09, 2014
Fiji's Agriculture Ministry has
signed a Memorandum of Understanding (MoU) with the Chinese government to
provide a boost to the government's Rice Revitalization Program, according to
local sources.According to the MOU, the China Shandong International Economic
and Technical Cooperation Group Limited (CSI) and the Yuan Longping High–Tech
Agriculture Company Limited will provide technical support to the Fijian
government and help it increase local rice production.
Fiji's Agriculture Permanent
Secretary told local sources that the MoU would help the government
significantly reduce the annual import bill of around $40 million. He noted
that most of the rice fields in Fiji fall under economic depressed zones, which
are far from markets. “There is a need to develop those zones and convert them
into production and commercial areas in order to increase our local rice
production,” he added.The CSI Deputy Manager noted that they will introduce
newer technology to farmers as well as train them to use it and boost rice
production. He added that their aim is to increase the paddy per hectare yield
from the current 2.5 tons to over 8 tons.The Chinese government has approved
$10 million for the purpose and the project will commence from January 2015
through December 2016. The Fijian government has already identified some lands
for implementing the project.Fiji is a net importer of rice and imports about
70% of its rice consumption needs of around 44,000 tons annually. Fiji imports
rice majorly from Thailand and India.
Global Rice
Quotes
December 9th, 2014
Long grain white rice - high quality
Thailand 100% B grade 415-425
↔
Vietnam 5% broken 385-395 ↔
India 5% broken 395-405
↔
Pakistan 5% broken 375-385 ↓
Cambodia 5% broken 460-470
↔
U.S. 4% broken 540-550
↔
Uruguay 5% broken 595-605 ↔
Argentina 5% broken 595-605 ↔
Long grain white rice - low quality
Thailand 25% broken NQ ↔
Vietnam 25% broken 355-365 ↔
Pakistan 25% broken 335-345 ↓
Cambodia 25% broken NQ
↔
India 25% broken 355-365
↔
U.S. 15% broken 515-525
↔
Long grain parboiled rice
Thailand parboiled 100% stxd 400-410
↔
Pakistan parboiled 5% broken stxd 410-420
↓
India parboiled 5% broken stxd 380-390
↔
U.S. parboiled 4% broken 580-590
↔
Brazil parboiled 5% broken 570-580
↔
Uruguay parboiled 5% broken NQ
↔
Long grain fragrant rice
Thailand Hommali 92% 915-925
↔
Vietnam Jasmine 525-535
↔
India basmati 2% broken NQ
↔
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Malis 825-835
↔
Brokens
Thailand A1 Super 330-340
↔
Vietnam 100% broken 325-335
↔
Pakistan 100% broken stxd 290-300
↓
Cambodia A1 Super NQ ↔
India 100% Broken stxd 300-310
↔
Egypt medium grain brokens NQ
↔
U.S. pet food 445-455 ↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel,
oryza.com
Pakistan
Rice Sellers Lower Most of Their Quotes Today; Other Asia Rice Quotes Unchanged
Dec 09, 2014
Pakistan rice sellers
lowered most of their quotes by about $5 - $10 per ton today. Other Asia
rice sellers kept their quotes mostly unchanged.
5% Broken
Rice
Thailand 5% rice is quoted at
around $400 - $410 per ton, about $15 per ton premium on Vietnam 5% rice shown
at around $385 - $395 per ton. India 5% rice is quoted at around $395 - $405
per ton, about $20 per ton premium on Pakistan 5% rice quoted at around $375 -
$385 per ton, down about $5 per ton from yesterday.
25% Broken Rice
Thailand 25% rice was last quoted
at around $350 - $360 per ton, about $5 per ton discount to Vietnam 25% rice
shown at around $355 - $365 per ton. India 25% rice is quoted at around $355 -
$365, about $20 per ton premium on Pakistan 25% rice quoted at around $335 -
$345 per ton, down about $5 per ton from yesterday.
Parboiled Rice
Thailand parboiled rice is quoted
at around $400 - $410 per ton. India parboiled rice is quoted at around $380 -
$390 per ton, about $30 per ton discount to Pakistan parboiled rice quoted at
around $410 - $420 per ton, down about $10 per ton from yesterday.
100% Broken Rice
Thailand broken rice, A1 Super,
is quoted at around $330 - $340 per ton, about $5 per ton premium on Vietnam
100% broken rice shown at around $325 - $335 per ton. India's 100% broken rice
is shown at around $300 - $310 per ton, about $10 per ton premium on
Pakistan broken sortexed rice quoted at around $290 - $300 per ton, down about
$10 per ton from yesterday.
Thai
Government Approves On-Farm Pledging Program for 2014-15 Main Crop Fragrant and
Glutinous Rice
Dec 09, 2014
The Rice Policy and Management Committee, headed by
the Thai Prime Minister, has approved the on-farm pledging program for 2014-15
(October 2014 - September 2015) paddy main-crop fragrant and glutinous rice on
November 5, 2014, to limit downward pressure on prices during the harvest time,
according to USDA Post.The program is called “Farmer Loans to Delay the
Sales of Rice Paddy for MY2014/15 Main-Crop Fragrant and Glutinous Rice Paddy”
and is open till February 2015. The government expects to collect around 2
million tons of rice paddy under the program due to high intervention prices.The
government is planning to buy fragrant rice paddy at prices about 23% higher
than market prices and glutinous rice paddy at prices about 41% higher than
market prices and auction the collected rice in after February 2015 when the
program ends. The government is expected to spend about 29 billion baht (around
$921 million) on the program. The Bank of Agriculture and Agricultural
Cooperatives (BAAC) will provide interest-free loans for farmers participating
in the program.The program is in line with the government's plan to delay sale
of around 2 million tons of rice to control price falls in the harvest season.The
Post forecasts Thailand to export around 10.5 million tons of rice in 2014 and
around 11 million tons in 2015. It expects Thai rice prices to remain
competitive for the remaining period of 2014 due to large main-crop supplies of
white and fragrant rice. Thailand exported around 1.2 million tons of rice in
October 2014, up about 59% from around 754,717 tons exported during the same
period last year, according to data from Thai Customs Department.USDA Post
estimates Thailand 2014-15 paddy rice production at around 30.5 million tons
(around 20.8 million tons, basis milled) from around 11.39 million hectares of
rice area.
USDA
Post Estimates South Korea Rice Imports to More Than Double to 560,000 Tons in
MY 2014-15
Dec 09, 2014
USDA Post has forecasted South
Korea's rice imports to more than double to around 560,000 tons in MY 2014-15
(November - October) from an estimated 240,000 tons last year, and up about 37%
from USDA's official estimates of around 410,000 tons.The South Korean
government has decided to open its rice import market and impose tariffs of
about 513% on imports over and above its minimum market access (MMA) quota of
about 409,000 tons under WTO regulations. Imports under the MMA quota would
attract a tariff of 5%. However, the move is opposed by farmers and civic
groups saying the move would demean the local rice sector.The Post estimates
South Korea's MY 2014-15 milled rice production at around 4.24 million tons,
slightly up from an estimated 4.23 million tons last year; and about 1.4% up
from USDA's official estimates of around 4.18 million tons due to continued
favorable weather conditions until the completion of the harvest.However, South
Korea's rice acreage is expected to decline about 2% to around 816,000 hectares
in MY 2014-15 from an estimated 833,000 hectares last year due to conversion of
some agricultural land to develop commercial complexes. 
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