Friday, February 12, 2016

11th February ,2016 Daily Global Regional,Local Rice E_Newsletter by Riceplus Magazine

Today Rice News Headlines...
·         CM meets Paswan, seeks enhanced rice quota
·         Rice group taking role in China deal
·         Rice Federation Raises Alarm about Vietnam’s FTA with EU
·         State panel clears rice scheme of damages
·         El Nino leads to global rice shortfall
·         New Tender for U.S. Origin Rice Follows USA Rice Technical Seminar 
·         CME Seeks Rice Industry Response to Rough Rice Futures Contract Survey  
·         Terry Walker Named Director of Arkansas State Plant Board
·         APEDA RICE COMMODITY
·         Rice Prices
·         Arkansas Farm Bureau Daily Commodity Report
·         Nagpur Foodgrain Prices Open-Feb 11
News Detail...
Businessmen advised to participate in Malaysian events

February 11, 2016



LAHORE
Malaysian High Commissioner Dr Hasrul Sani Mujtabar has said that Malaysia and Pakistan are potential markets and there is a lot of scope to enhance two-way trade.He was talking to the LCCI Senior Vice President Almas Hyder and Vice President Nasir Saeed here at the Lahore Chamber of Commerce & Industry. Former LCCI office-bearers and Executive Committee Members were also present on the occasion.


The High Commissioner urged Pakistani businessmen to be more aggressive in terms of business activities in Malaysia to compete with other competitive markets in this era of globalization. He advised the Pakistani business community to actively participate in international conventions scheduled to be held in Malaysia in forthcoming months.benchmark by way of successfully launching its own model of ‘modernization with indigenization. He said that technological base of Malaysia is strong which was resulted due to enhancing the quality of technical and vocational education. 
“We must avail the opportunities of knowledge sharing and streamlining our education system with the help of Malaysian experts”, the LCCI Senior Vice President added. 
He said that Malaysia and Pakistan signed a Free Trade Agreement in January 2008 but it has yet to prove useful to both of us. We already have the platform which must be utilized for a win-win situation.

Talking about declining trade trend between two countries, Almas Hyder say that we need to take immediate steps to regain that level of bilateral which went as high as dollar 2.97 billion in 2011. In 2014, the level of bilateral trade further dipped to dollar 1.51 billion from dollar 2.12 billion in 2013. The balance of trade has been in favour of Malaysia and over the last five years this gap is constantly closing. 
He said that main reason of this fall was drastic decrease in import of palm oil from Malaysia which used to be around dollar 2.12 billion in 2011 and by 2014 it contracted to dollar half a billion. 
He said that Pakistan’s exports to Malaysia have been ranging in between dollar 200-240 million during 2011 to 2014. There must be some advantage given to Pakistan of the said FTA. He said that Pakistan produces good quality and affordable agricultural products. For example Pakistani rice, oranges and mangoes are in great demand in Malaysian markets.

 

http://nation.com.pk/business/11-Feb-2016/businessmen-advised-to-participate-in-malaysian-events

 


CM meets Paswan, seeks enhanced rice quota

February 12 2016
258 total views, 73 views today

Bhubaneswar: Chief Minister Naveen Patnaik Thursday urged the Union minister for consumer affairs, food and public distribution, Ram Vilas Paswan, to enhance allocation of rice quota to the state.Patnaik pointed out that most people in Orissa prefer rice as their staple diet and the ratio of rice to wheat in the National Food Security Act (NFSA) beneficiary list came to 85.82: 14.18.

However, the Centre is allocating foodgrain in the ratio of 78.83:21.17 for rice and wheat since the implementation of NFSA in November 2015, he said.The state has, as a result, consumed 27,904 MT of rice more than the allocation by the Centre till January 2016, Patnaik said. In February, the state will consume 13,139 MT of rice more than the central allocation, he said.“Therefore, the earlier ratio of requirement for rice and wheat 85.82:14.18 may be approved by Union government and the shortfall of allocation for rice in the last four months since November may be released,” the Chief Minister said.

“At the same time, the surplus allocation for wheat may be withdrawn,” he said.Patnaik also raised the problem faced because of the reduction of weight of gunny bags from 665 grams to 580 grams because of which the Food Corporation of India (FCI) is rejecting the rice packed in the gunny bags. This is consequently leading to problems for the state. The Chief Minister urged Paswan to direct FCI to receive rice packed in the new gunny bag, which was specified by the Directorate General of Supplies and Disposals (DGS&D).The state government also requested the Centre to allocate subsidised rice for SC, ST students in different government-run residential schools.
 “At present, the Centre is providing rice for only 70,000 students. We demanded that subsidised rice be provided for all the 4.8 lakh students in state,” food supply and consumer welfare minister Sanjay Dasburma said after the meeting.Paswan said the Centre would look into the state’s demand of allocation of rice and wheat in the ratio of 85.82:14.18. “As other states are also making similar demands, a committee headed by the FCI chairman has been constituted to resolve the issue,” he said.The Union minister also assured the state government that he would look into the problem the state is facing because of the change in the weight of gunny bags. PNN

http://www.orissapost.com/cm-meets-paswan-seeks-enhanced-rice-quota/

Rice group taking role in China deal


This article was published February 11, 2016 at 2:10 a.m.

JONESBORO -- A USA Rice Federation official said Wednesday that the trade group is trying to help U.S. officials take the last steps necessary to open China to U.S. rice shipments.Robert Cummings, USA Rice's chief operating officer, said the group was "pretty sure" the U.S. and China have reached what he called a "technical agreement" to allow U.S. producers access to the Chinese market."We need to make the jump from a technical agreement to a political decision in China that they are ready to import U.S. rice," Cummings said at the 22nd Agribusiness Conference at Arkansas State University.

USA Rice announced last month that the U.S. Department of Agriculture and China had reached an agreement on so-called phytosanitary measures, which require U.S. mills to meet certain pest-control and other health standards. The USDA later issued a statement saying that the negotiations were in a "last phase" and that no agreement had been signed.Until the agreement is signed, China will not accept U.S. rice. Industry officials have said that affluent Chinese want to buy high-quality U.S. rice in grocery-store ready packages.

Cummings said in an interview that he didn't know what was delaying the final agreement. He said representatives of his trade group had met with USDA officials as recently as Tuesday in an effort to work out any remaining kinks."What we're asking the administration is, 'What is the game plan for that?'" he said. "How do we go from a technical agreement to implementation?"

Cummings told the conference that the USDA would begin inspecting mills that have indicated a willingness to comply with the Chinese standards later this month. He said the USDA would send the results of its inspections to China and that China might then perform its own reviews.He said the fact that USDA was proceeding with its inspections made him optimistic the agreement could be finalized in the near future.Cummings said that China, with a population of 1.37 billion people, imports between 2.5 million and 5.5 million tons of rice annually. He did not offer an estimate of how much rice China might buy from the U.S., but Arkansas rice industry officials have indicated that bulk shipments aren't likely anytime soon.

China, which is both the top producer and importer of rice, is the leading importer of all U.S. agricultural commodities, said David Schweikhardt, a Michigan State University economist. U.S. agricultural exports to China total $28 billion annually, he said, with Canada coming in second on the list at $22 billion annually.

Schweikhardt said the proposed Trans-Pacific Partnership between the United States and eleven Pacific Rim countries was expected to increase U.S. agricultural exports by 5 percent by 2025. Agricultural imports to the United States, by contrast, are expected to increase by 2 percent over the same period if the agreement is adopted, he said.Schweikhardt said it was unlikely Congress would vote on the trade deal negotiated by the Obama administration until after a new president takes office in 2017. China is not a partner in the trade pact.He said many sitting members of Congress have never voted on a trade deal, which he said created a "huge element of uncertainty" for the agreement.
Business on 02/11/2016
Print Headline: Rice group taking role in China deal


Rice Federation Raises Alarm about Vietnam’s FTA with EU

Khmer Times/May Kunmakara

Wednesday, 10 February 2016

The Cambodia Rice Federation yesterday raised fresh concerns about the EU-Vietnam Free Trade Agreement (FTA), after an online rice-industry portal said the deal will scrap import duties on about 80,000 tons of rice from Vietnam per year and that this could start this year.Agreement on the FTA was reached last month, according to Thai-based Oryza, an online rice industry portal, which added that the FTA would take effect as soon as it was ratified by the European Union council and the EU parliament.  
 
 
Once it is ratified, the EU will allow about 80,000 tons of rice imports annually from Vietnam, including 20,000 tons of husked rice and 30,000 tons of fragrant rice, with no import tariffs. Tariffs on other rice products will gradually be lifted over the next five years, according to Oryza. CRF vice president Hun Lak said the FTA could hinder the growth of Cambodia’s milled rice exports to EU this year. Mr. Lak added, however, that his federation had set up five working groups to expand domestic capacity and find ways to maintain competitiveness in the global market. 

“Of course, it definitely affects us because Vietnam also produces rice like us, while its production costs are lower… so competition will be tougher,” said Mr. Lak, who is also a managing director of milled-rice exporter Mekong Oryza Trading. 

Mr. Lak said that the first working group focuses on reducing production costs and the second aims to increase yields from their current average of 2.8 tons to 3.2 tons per hectare (about half the average yield in Vietnam). The third working group focuses on improving irrigation systems, the forth on ensuring millers and exporters have enough capital to buy paddy during the harvest season, and the fifth on expanding rice silos and warehouses, Mr. Lak said.
  
 
The EU accounts for around 40 percent of Cambodia’s total rice exports. “It is the biggest market for us so it really requires us to think deeply about this issue,” Mr. Lak said, referring to the FTA with Vietnam. 
Cambodia has quota- and tariff-free access to the EU under its “everything but arms” program, which aims to boost trade from less developed countries. If Vietnam gets similar benefits under its FTA, Cambodia will face tougher competition from for a share of the market, Cambodian exporters of agriculture and manufactured products have said. 

 
Amru Rice (Cambodia) president Song Saran warned last year that Cambodian exporters will find it very difficult to compete with their Vietnamese competitors because the country is one of the world’s top exporters of milled rice. Mr. Saran said that Vietnamese exporters can produce and export rice at prices below what Cambodian exporters charge and, as a result, Cambodia will lose market share. Mr. Lak said that Cambodia exports four kinds of milled rice to the EU: organic, parboiled, fragrant and white rice. He said organic, parboiled and fragrant rice will remain competitive, but white rice was a concern.
 
“Only a few countries can produce parboiled, fragrant and organic rice, and they cannot compare with [the quality of our rice]. Our concern is the affect [of the FRA] to our white rice exports,” Mr. Lak said.  
Last year, Cambodia exported 538,396 tons of milled rice, up almost 40 percent over 2014, according to official figures.

State panel clears rice scheme of damages

  • 11 Feb 2016 at 03:59
Yingluck Shinawatra's Facebook account has been packed in recent weeks with photos of her with supporters, such as these women presenting her with flowers earlier this week in Chiang Mai.
A rice-pledging scheme investigation panel seeking financial compensation from ex-premier Yingluck Shinawatra has concluded the programme did not cause damage to the state.However, the committee found Ms Yingluck committed dereliction of duty.A Finance Ministry committee chaired by Jirachai Moontongroy began the investigation under an administrative order in April last year. Mr Jirachai, a deputy permanent secretary to the Prime Minister's Office, said Wednesday the probe looked into two issues: Ms Yingluck's role in overseeing and monitoring her government's rice-pledging scheme; and the earlier estimated loss of 518 billion baht which was calculated by the Finance Ministry sub-committee overseeing the scheme's accounting.

Mr Jirachai said the panel agreed with the National Anti-Corruption Commission's findings that Ms Yingluck was negligent in failing to stop corruption in the rice scheme. However, he said the committee did not regard the rice-pledging price at 15,000 baht a tonne under the scheme, which was much higher than market price of around 9,000 baht at the time, as damaging to the country.This is because the rice price margin was considered beneficial to farmers and, in implementing the scheme, state officials were also considered to be performing their duty and following government policy.Mr Jirachai also said his panel disagreed with the ministry sub-committee which added interest to the losses incurred by the rice scheme because it was not a programme designed for commercial purposes."We do not consider the scheme as being for commercial purposes but state administration for the people's benefit so it is not considered as damaging [to the state]," he said.
He declined to state whether his panel would propose an estimated loss amount to be sought from Ms Yingluck, saying the conclusions drawn by his committee would be sent to Finance Minister Apisak Tantivorawong and Prime Minister Prayut Chan-o-cha


El Nino leads to global rice shortfall
Nguyễn Huyền

HA NOI (VNS) — The El Nino weather event that began last year and has continued into early 2016 has negatively impacted agricultural production in several countries.his has caused a fall in rice supply and stockpiles in many parts of the world.The unfavorable weather condition has forced many countries that traditionally import rice such as the Philippines, Indonesia and China to increase imports to maintain rice stockpiles for ensuring food security.India, Thailand and Việt Nam, the three largest rice exporters in the world, have seen a sharp fall in their rice output.
Dry conditions caused by the El Nido weather phenomenon in two consecutive years of 2014 and 2015 have severely affected India's agricultural production. The world's largest rice exporting country's stockpile is at such a low level that the country has had to cut down its rice export by a huge amount.

In the ASEAN bloc, the world's second and third-largest rice exporters Thailand and Việt Nam have also suffered a reduction in their rice stockpiles. Recently, Thailand's rice stockpile fell to 13.5 million tonnes, of which only seven million tonnes are good enough for consumption. About three to four million tonnes of that stockpile can be used only for producing alcohol. The rest cannot be used due to its poor quality.Thailand's paddy yield in the upcoming crop is expected to fall by three to four per cent, equivalent to two to three million tonnes of rice. During the whole of 2016, rice production in Thailand is expected to drop by four to five million tonnes, the heaviest fall since 2000.The country will not increase its rice exports this year.
Việt Nam, the world's third-largest rice exporter after Thailand, is expected to suffer slight fall in paddy yield and rice production this year.

The Philippines will fail to achieve its target of producing enough rice for domestic consumption because of the El Nino effect. In the first quarter of 2016, the country's paddy yield is expected to fall by five per cent. The rice imports of the country will be closely monitored by local traders, because that will decide the number of countries the Philippines has to buy rice from.Last year, Manila suggested buying additional rice from its two main suppliers, Việt Nam and Thailand, after the country's paddy output fell.The regional rice market has seen a noticeable rise in demand of late for imported rice. The Philippines will purchase 400,000 to 600,000 tonnes of rice in February. In 2016, it will buy an additional 800,000 tonnes of rice to meet the domestic demand.

Indonesia will import 800,000 tonnes of rice between February and April. The two markets will import rice during the winter –spring crop of 2015 – 2016 of Việt Nam. It is said that the situation is very favourable for Việt Nam to conduct negotiations.According to experts, Việt Nam and Thailand should coordinate in bidding to get good prices in the contract to sell rice to the Philippines. It is possible that Thailand will not sell much rice because of its current crop failure.Thai enterprises also appear to be discouraged after the recent bidding contracts for the sale of rice to the Philippines and Indonesia. Most of the Thai enterprises involved in the trade pact faced losses, because after selling the cereal, rice prices in Thailand increased sharply, while much of the rice stockpile was not owned by the exporting enterprises, but by processing factories.

Thai enterprises are now being more careful, following the current problems in paddy production due to the El Nino impact. With the reduction in paddy yield, the rice price will increase after the contracts are signed.Thailand will not take a risk by exporting a large quantity of rice to other countries. Thailand can only give the Philippines 40 per cent of its demand and 300,000 to 400,000 tonnes of rice to the Indonesian market."Việt Nam should not conduct only a single negotiation with Indonesia, but conduct the negotiations in several phases to get good prices. Việt Nam would have made a lot of profit if the negotiations had been divided into several parts for selling one million tonnes of rice to Indonesia recently," an expert said.

"The first lot can be sold at a reasonable price, but the second lot can be sold at a slightly higher price, and the third lot should be sold at a price higher than the second lot," the expert said.
The most important thing is that China will import a lot of rice after the Lunar New Year holiday. Once China imports rice, the world's rice market becomes much more animated. If the cold weather continues, vegetables and paddy being cultivated in China will perish and the demand for imported food in the country will increase sharply.Of course, a huge amount of rice will be imported from Việt Nam."The Philippines, Indonesia and especially China will increase rice imports and the rice price in Việt Nam will improve dramatically. If local rice enterprises start purchasing rice, they will gain a lot. However, the problem is of capital, which, in turn, depends a lot on banks," the expert said. — VNS



Việt Nam, the world's third-largest rice exporter after Thailand, is expected to suffer slight fall in paddy yield and rice production this year due to impacts of El Nino. — VNA/VNS Photo Thanh Liem


New Tender for U.S. Origin Rice Follows USA Rice Technical Seminar 
By Michael Klein

BAGHDAD, IRAQ -- The Ministry of Trade of Iraq has issued a new tender here for 90,000 metric tons of rice specifically of U.S. origin.  Bids are due in 10 days, and while the offer of a tender does not guarantee a sale, the move was welcomed in the United States.

"USA Rice has been working for years to make Iraq a reliable market once again, meeting with Iraqi officials, sponsoring trips for the Iraq Grain Board to come to the United States, holding technical meetings, hiring a consultant on the ground there, and getting the U.S. Embassy in Baghdad involved," explained USA Rice Chairman Dow Brantley.  "The political and financial situation there remains volatile, but this U.S.-specific tender is a sign that we are making headway."

The new tender comes on the heels of a two-day workshop held here for staff at the Iraq Ministries of Trade and Planning and the Iraq Grain Board, jointly organized by USA Rice, the U.S. Embassy, the U.S. Commerce Department, and USAID.

Many technical issues were covered, including shipping bulk versus bag, broken percentages, and other logistical challenges faced in country.

"This is exciting news, but it's important to keep things in context," said USA Rice President & CEO Betsy Ward.  "We've learned that rations for Iraqi citizens are being dialed back because of extreme revenue shortfalls and the lack of an approved budget, but we will continue to make the case for U.S. rice to re-establish this important market, both for us, but also for the Iraqi people."

John Owen


CME Seeks Rice Industry Response to Rough Rice Futures Contract Survey  

By Peter Bachmann

CHICAGO, ILLINOIS -- The CME Group based here that oversees the trading of the Rough Rice Futures contract has published a short, two-question survey for rice industry members to complete by Monday, February 22.The survey is soliciting feedback on two features of the current Rough Rice Futures contract:  overnight trading hours and the delivery instrument.  At the industry's request, CME Group is looking into a move from Warehouse Receipts to Shipping Certificates as the delivery instrument for rice purchased through the futures market. Additionally, CME Group is looking to potentially reduce night time trading hours to provide traders a better quality of life without dramatically affecting the trading volume.

John Owen, Louisiana rice farmer and chairman of the USA Rice Futures Contract Working Group, said, "USA Rice's Working Group has been studying ways to increase the volume of contracts traded and concurrently increase efficiency of the entire trading process."

Regarding the survey, Owen said, "I think that a move to Shipping Certificates is a logical step in the right direction to update the contract and improve volume performance and convergence in the contract between cash and futures prices."

All members of the rice industry, particularly those with interest in the rice futures market are encouraged to complete the CME Group survey, found here.

Terry Walker Named Director of Arkansas State Plant Board


by Arkansas Business Staff  on Thursday, Feb. 11, 2016 10:48 am  
LITTLE ROCK – Gov. Asa Hutchinson has appointed Terry Walker as Director of the Arkansas State Plant Board (ASPB), a division of the Arkansas Agriculture Department, as of January 16, 2016. Walker has been employed with the ASPB for 13 years and is a graduate of the University of Arkansas.Walker follows previous ASPB Director Darryl Little, who retired in January. Products and services such as seed, feed, fertilizer, pesticides, weights and measures, petroleum, honeybees, plant pests, nurseries, pest control services and many others are regulated by the ASPB.Walker said he values the opportunity to continue building and growing agriculture as the top industry in Arkansas. “From row crops, to livestock, to horticultural products and fish, Arkansas products go toward providing a safe and economical food source for everyone. This is a major concern for everyone associated in a governmental and/or regulatory capacity. Not only does agriculture provide a livelihood for our producers but also puts food on our tables,” he said.

Walker began his career in 1971 with the Rice Branch Experiment Station, now the Rice Research and Extension Center, in Stuttgart. He then left Arkansas to work in the private soybean research sector, serving regions of Alabama and Tennessee. He returned to Arkansas in 1984 as project leader for the Soybean and Small Grain Variety Testing at the University of Arkansas Agronomy Department. He returned again to the private soybean industry from 1991 – 1996, and then on to manage the research of a local seed company, and later managed a cotton gin. In 2002, he accepted the position as ASPB Plant Industry Division Director, and moved to ASPB Assistant Director in 2012.

In identifying the biggest challenges ahead for the ASPB, Walker first discusses ASPB personnel and Arkansans: “Our team does an excellent job. I need to insure that they have the resources to effectively and efficiently provide the services to our stakeholders and assist them in conducting their businesses. Arkansas has a wealth of quality producers growing and providing excellent food products to be used by the general population. It is imperative those producers and products have an effective presence nationally and internationally to promote them.”He names continued partnership and consolidation with other divisions within the Arkansas Agriculture Department as another top priority: “This unified Agriculture Department should give Arkansas a more recognizable and substantial presence on the national level when addressing issues of concern.”

http://www.arkansasbusiness.com/article/109654/terry-walker-named-director-of-arkansas-state-plant-board

APEDA RICE COMMODITY

International Benchmark Price
Price on: 08-02-2016
Product
Benchmark Indicators Name
Price
Garlic
1
Chinese first grade granules, CFR NW Europe (USD/t)
3500
2
Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t)
4500
3
Chinese powdered, CFR NW Europe (USD/t)
3000
Ginger
1
Chinese sliced, CIF NW Europe (USD/t)
2150
2
Chinese whole, CIF NW Europe (USD/t))
2300
3
Indian Cochin, CIF NW Europe (USD/t)
2850
Guar Gum Powder
1
Indian 100 mesh 3500 cps, FOB Kandla (USD/t)
3800
2
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t)
1200
3
Indian 200 mesh 5000 cps, FOB Kandla (USD/t)
2320
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 09-02-2016
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Aroor (Kerala)
Other
2800
3000
2
Bonai (Orissa)
Other
2000
2000
3
Khatra (West Bengal)
Other
2200
2300
Wheat
1
Cherthala (Kerala)
Other
2350
2500
2
Sangli (Maharashtra)
Other
2100
2800
3
Dahod (Gujarat)
Lokwan
1650
1750
Orange
1
Manjeri (Kerala)
Other
3300
3500
2
Nagpur (Maharashtra)
Other
700
2200
3
Mechua (West Bengal)
Other
2600
2800
Onion
1
Jatni (Orissa)
Other
1350
1450
2
Barnala (Punjab)
Other
1000
1100
3
Surat (Gujarat)
Other
750
1250
For more info
Egg
Rs per 100 No
Price on 09-02-2016
Product
Market Center
Price
1
Pune
395
2
Chittoor
378
3
Hyderabad
365
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 08-02-2016
Product
Market Center
Origin
Variety
Low
High
Onions Dry
Package: 40 lb cartons
1
Atlanta
Peru
Yellow
23
24.50
2
Chicago
Nevada
Yellow
34.50
34.50
3
Detroit
Peru
Yellow
22
24
Cauliflower
Package: cartons film wrapped
1
Atlanta
Mexico
White
13
13.50
2
Dallas
California
White
17.75
20
3
Detroit
California
White
15
17
Grapes
Package: 18 lb containers bagged
1
Atlanta
Peru
Red Globe
26
29
2
Chicago
Peru
Red Globe 
23
25
3
Miami
Peru
Red Globe
25
26
Source:USDA



International Benchmark Price
Price on: 11-02-2016
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
4625
2
Turkish No. 4 whole pitted, CIF UK (USD/t)
4125
3
Turkish size 8, CIF UK (USD/t)
3625
Sultanas
1
Australian 5 Crown, CIF UK (USD/t)
2794
2
Iranian natural sultanas (Gouchan), CIF UK (USD/t)
1905
3
Turkish No 9 standard, FOB Izmir (USD/t)
1900
White Sugar
1
Kenya Mumias white sugar, EXW (USD/t)
691
2
Pakistani refined sugar, EXW Akbari Mandi (USD/t)
575
3
Thai VHP, FOB Thailand (USD/t)
440
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 09-02-2016
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Aroor (Kerala)
Other
2800
3000
2
Bonai (Orissa)
Other
2000
2000
3
Khatra (West Bengal)
Other
2200
2300
Wheat
1
Cherthala (Kerala)
Other
2350
2500
2
Sangli (Maharashtra)
Other
2100
2800
3
Dahod (Gujarat)
Lokwan
1650
1750
Orange
1
Manjeri (Kerala)
Other
3300
3500
2
Nagpur (Maharashtra)
Other
700
2200
3
Mechua (West Bengal)
Other
2600
2800
Onion
1
Jatni (Orissa)
Other
1350
1450
2
Barnala (Punjab)
Other
1000
1100
3
Surat (Gujarat)
Other
750
1250
For more info
Egg
Rs per 100 No
Price on 11-02-2016
Product
Market Center
Price
1
Ahmedabad
395
2
Nagapur
360
3
Namakkal
370
Source: e2necc.com
Other International Prices
Unit Price : US$ per package
Price on 11-02-2016
Product
Market Center
Origin
Variety
Low
High
Potatoes
Package: 50 lb cartons
1
Atlanta
Colorado
Russet
17
17.50
2
Baltimore
Canada
Russet
18
18
3
Detroit
Wisconsin
Russet
15
15.50
Cabbage
Package: 50 lb sacks
1
Atlanta
Florida
Round Green Type
12
14
2
Dallas
Mexico
Round Green Type
13
13
3
Miami
Texas
Round Green Type
12
13
Grapefruit
Package: 4/5 bushel cartons
1
Atlanta
Florida
Red
21
21.50
2
Chicago
Florida
Red
20
22
3
Miami
Florida
Red
14
16
Source:USDA



Rice Prices

as on : 11-02-2016 08:11:21 PM

Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
Price
Current
%
change
Season
cumulative
Modal
Prev.
Modal
Prev.Yr
%change
Rice
Gadarpur(Utr)
1458.00
1.89
57627.00
2155
2390
16.49
Bharthna(UP)
600.00
50
4900.00
2250
2250
3.45
Etawah(UP)
350.00
16.67
14520.00
2250
2255
2.27
Shahjahanpur(UP)
211.70
50.57
38382.70
2190
2200
8.15
Allahabad(UP)
180.00
-10
4580.00
2125
2100
3.66
Pilibhit(UP)
180.00
50
16098.00
2190
1250
-6.81
Gondal(UP)
158.00
3.95
9542.10
2020
2010
-0.25
Sitapur(UP)
149.00
-0.67
4154.00
2220
2220
2.54
Basti(UP)
123.50
12.27
3043.50
2060
2060
5.10
Bareilly(UP)
108.50
2.36
5613.50
2200
2200
4.76
Chandabali(Ori)
85.00
NC
1013.00
1800
1800
28.57
Aligarh(UP)
85.00
6.25
1425.00
2160
2150
13.68
Karimganj(ASM)
80.00
100
1040.00
2200
2200
4.76
Achalda(UP)
80.00
14.29
2270.00
2240
2240
2.75
Saharanpur(UP)
80.00
8.11
3201.00
2040
2035
-2.39
Kalipur(WB)
80.00
-2.44
2596.00
2050
2050
-6.82
P.O. Uparhali Guwahati(ASM)
74.00
2.78
1981.00
2100
2100
-19.23
Bindki(UP)
60.00
33.33
1548.00
2250
2245
7.91
Jaunpur(UP)
45.00
12.5
896.00
1945
1940
-
Pandua(WB)
45.00
-10
1083.00
2600
2500
-1.89
Gazipur(UP)
43.00
7.5
958.50
1910
1910
3.80
Lanka(ASM)
40.00
-20
1575.00
1725
1725
-
Ghaziabad(UP)
40.00
-42.86
1390.00
2065
2075
-2.82
Purulia(WB)
40.00
66.67
1240.00
2180
2200
-9.17
Dadri(UP)
35.00
-2.78
1182.00
2080
2070
-1.89
Muzzafarnagar(UP)
32.00
-28.89
718.00
2050
2060
-
Partaval(UP)
30.00
33.33
864.50
2055
2050
6.75
Kolhapur(Laxmipuri)(Mah)
29.00
16
705.00
3000
3000
-
Balrampur(UP)
28.50
-9.52
883.50
2075
2090
1.22
Mirzapur(UP)
28.00
1.82
833.00
1915
1920
1.86
Balurghat(WB)
28.00
12
140.00
2830
2830
-
Lohardaga(Jha)
26.50
6
395.50
1950
1950
10.48
Jalpaiguri Sadar(WB)
25.00
NC
557.00
2700
2700
-4.26
Diamond Harbour(South 24-pgs)(WB)
23.00
15
190.00
1850
1850
-
Cachar(ASM)
20.00
-50
1100.00
2700
2700
NC
Balugaon(Ori)
20.00
-20
185.00
3100
3200
3.33
Meerut(UP)
20.00
NC
372.50
2145
2140
-
Dibrugarh(ASM)
18.50
54.17
570.80
2400
2400
-
Jasra(UP)
18.00
NC
218.00
2075
2050
4.53
Kolaghat(WB)
17.00
6.25
320.00
2300
2300
-
Tamluk (Medinipur E)(WB)
16.00
6.67
342.00
2300
2300
-
Firozabad(UP)
14.00
27.27
301.00
2100
2150
2.94
Kannauj(UP)
13.20
5.6
147.10
2170
2185
NC
Divai(UP)
13.00
-18.75
170.00
2060
2075
1.23
Medinipur(West)(WB)
13.00
-13.33
359.00
2450
2450
2.08
Etah(UP)
12.00
20
38.00
1880
1880
-6.93
Champadanga(WB)
12.00
20
405.00
2350
2350
-12.96
Naugarh(UP)
10.50
23.53
351.00
2065
2060
10.13
Bijnaur(UP)
9.50
18.75
307.00
2190
2190
-
North Lakhimpur(ASM)
8.90
-5.32
783.90
1900
1900
-
Cherthalai(Ker)
8.50
41.67
205.00
2300
2400
-14.81
Nilagiri(Ori)
8.00
-11.11
261.00
2500
2300
8.70
Baberu(UP)
7.00
40
88.00
2125
2125
-
Raibareilly(UP)
7.00
-12.5
177.50
2020
2000
1.51
Dibiapur(UP)
7.00
-22.22
47.00
2230
2230
1.83
Karanjia(Ori)
6.00
9.09
150.80
2600
2600
4.00
Mohanpur(Tri)
6.00
20
51.00
2700
2700
-
Tilhar(UP)
5.50
-91.2
814.50
2190
2160
5.04
Buland Shahr(UP)
5.00
-37.5
244.50
2050
2050
0.99
Jeypore(Ori)
4.90
13.95
142.80
325
325
-
Jeypore(Kotpad)(Ori)
3.40
-72.13
139.60
3250
3250
NC
Aroor(Ker)
3.00
NC
106.70
6900
6900
-25.81
Bonai(Bonai)(Ori)
3.00
NC
40.10
2000
2000
-9.09
Raath(UP)
3.00
-51.61
9.20
1700
1700
17.24
Siyana(UP)
2.00
33.33
48.50
2050
2045
1.23
Santir Bazar(Tri)
1.80
20
4.90
2500
2600
-5.66
Sardhana(UP)
1.00
-16.67
46.10
2060
2075
0.49
http://www.thehindubusinessline.com/economy/agri-business/article8222942.ece

Arkansas Farm Bureau Daily Commodity Report

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


Futures:
High
Low
Last
Change
Mar '16
1110.0
1094.0
1101.5
-11.5
May '16
1137.5
1121.0
1129.0
-12.0
Jul '16
1157.0
-11.5
Sep '16
1169.0
1158.5
1168.5
-14.5
Nov '16
1161.0
1161.0
1183.0
-20.5
Jan '17
1186.5
-20.5
Mar '17
1186.5
-20.5

Rice Comment

Rice futures traded within yesterday's range before ending lower, despite a better export report this week. USDA says 53,000 metric tons were sold to foreign buyers this week, compared with only 40,200 metric tons last week. The monthly supply/demand balance sheet was little changed, but the on-farm price was lowered again. The average expected price for long grain is now $11.00-$11.60/cwt, and mid-south medium grain is expected to bring $11.70-$12.30. March has been working lower and is set up for a retest of the recent low of $10.65.
http://www.arfb.com/ag-markets-statistics/report/

Nagpur Foodgrain Prices Open-Feb 11


Nagpur Foodgrain Prices - APMC & Open Market-February 11
 
Nagpur, Feb 11 Gram and tuar prices reported higher in Nagpur Agriculture Produce
and Marketing Committee (APMC) here on good buying support from local millers amid weak supply from producing regions. Notable hike on NCDEX, fresh rise in Madhya Pradesh gram prices and weakoverseas arrival also boosted prices, according to sources. 
 
               *            *              *              *
 
    FOODGRAINS & PULSES
    GRAM
   * Gram pink moved down in open market in absence of buyers amid release of stock from 
     stockists.
 
     TUAR
   * Tuar varieties ruled steady in open market here matching the demand and supply 
     position.   
 
   * Batri dal reported down in open market on poor demand from local traders amid good 
     arrival from producing regions.
            
   * In Akola, Tuar New - 8,000-8,200, Tuar dal New - 12,500-13,700, Udid - 
     12,600-13,600, Udid Mogar (clean) - 14,900-16,700, Moong - 
     8,400-8,600, Moong Mogar (clean) 9,400-9,700, Gram - 4,100-4,200, 
     Gram Super best bold - 5,300-5,700 for 100 kg.
   * Wheat, rice and other commodities moved in a narrow range in 
     scattered deals, settled at last levels. 
        Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
 
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                4,000-4,400         3,900-4,400
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                7,300-8,790         7,200-8,600
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            5,900-6,100        5,900-6,100
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,500-5,700        5,500-5,700
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,500-4,600        4,500-4,600
     Desi gram Raw                4,450-4,500         4,450-4,500
     Gram Filter new            4,600-4,900        4,600-4,900
     Gram Kabuli                6,000-8,000        6,000-8,000
     Gram Pink                        6,400-7,200        6,500-7,300
     Tuar Fataka Best-New             12,500-13,000        12,500-13,000
     Tuar Fataka Medium-New        11,800-12,300        11,800-12,300
     Tuar Dal Best Phod-New        11,500-12,000        11,500-12,000
     Tuar Dal Medium phod-New        10,500-11,000        10,500-11,000
     Tuar Gavarani New             7,450-7,950        7,450-7,950
     Tuar Karnataka             8,150-8,450        8,150-8,450
     Tuar Black                 12,500-13,000        12,500-13,000 
     Masoor dal best            6,200-6,400        6,200-6,400
     Masoor dal medium            5,800-6,000        5,800-6,000
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        9,600-10,000        9,600-10,000
     Moong Mogar Med            8,900-9,300        8,900-9,300
     Moong dal Chilka            7,800-8,800        7,800-8,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            8,600-8,800        8,600-8,800
     Udid Mogar best (100 INR/KG) (New) 16,100-17,000       16,100-17,000 
     Udid Mogar Medium (100 INR/KG)    13,500-14,500        13,500-14,500    
     Udid Dal Black (100 INR/KG)        9,700-9,900        9,700-9,900     
     Batri dal (100 INR/KG)        5,500-5,850        5,550-5,900
     Lakhodi dal (100 INR/kg)          4,400-4,600         4,400-4,600
     Watana Dal (100 INR/KG)            3,250-3,400        3,250-3,400
     Watana White (100 INR/KG)           3,000-3,200           3,000-3,200
     Watana Green Best (100 INR/KG)    3,100-3,600        3,100-3,600   
     Wheat 308 (100 INR/KG)        1,700-1,800        1,700-1,800
     Wheat Mill quality (100 INR/KG)    1,700-1,800        1,700-1,800   
     Wheat Filter (100 INR/KG)         1,650-1,850        1,650-1,850
     Wheat Lokwan best (100 INR/KG)    2,200-2,500        2,100-2,500    
     Wheat Lokwan medium (100 INR/KG)   2,000-2,100        1,950-2,250
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-3,600        3,200-3,600    
     MP Sharbati Medium (100 INR/KG)    2,500-3,000        1,500-3,000           
     Rice BPT best New(100 INR/KG)    2,600-2,800        2,600-2,800    
     Rice BPT medium (100 INR/KG)        2,000-2,250        2,000-2,200    
     Rice Parmal (100 INR/KG)         1,800-2,000        1,800-2,000
     Rice Swarna best (100 INR/KG)      2,100-2,450        2,100-2,450   
     Rice Swarna medium (100 INR/KG)      1,800-2,000        1,800-2,000   
     Rice HMT best New (100 INR/KG)    3,000-3,500        3,000-3,500    
     Rice HMT medium (100 INR/KG)        2,400-2,800        2,400-2,800    
     Rice Shriram best New(100 INR/KG)    4,100-4,400        4,100-4,400 
     Rice Shriram med New(100 INR/KG)    3,700-4,100        3,700-4,100   
     Rice Basmati best (100 INR/KG)    9,700-11,500        9,700-11,500     
     Rice Basmati Medium (100 INR/KG)    7,600-8,000        7,600-8,000    
     Rice Chinnor best New(100 INR/KG)    4,700-4,800        4,700-4,800    
     Rice Chinnor med. New (100 INR/KG)    4,200-4,400        4,200-4,400    
     Jowar Gavarani (100 INR/KG)        1,800-2,100        1,800-2,100    
     Jowar CH-5 (100 INR/KG)         1,700-1,800        1,700-1,800
 
WEATHER (NAGPUR)  
Maximum temp. 33.0 degree Celsius (93.0 degree Fahrenheit), minimum temp.
19.4 degree Celsius (66.9 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 and 15 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
http://in.reuters.com/article/nagpur-foodgrain-idINL3N15Q1RU