Bengal paddy output seen higher;
prices firm on exports
KOLKATA, OCTOBER
4:
Heavy rains notwithstanding in
several paddy producing districts of West Bengal, production is expected to be
better than last year.Heavy showers had flushed away paddy seeds from most of
the agricultural land in south Bengal districts of Burdwan, Hooghly, Nadia,
Purulia, east Midnapore and west Midnapore. The districts of Cooch Behar,
Jalpaiguri, Uttar Dinajpur and Malda in north Bengal too were amongst the worst
affected.
According to a senior official of
the State Agriculture Department, cultivation of ‘aman’ – the second crop of
the kharif season usually sown in June or July and harvested in winter – was
affected to some extent.
“The seeds were washed away due
to heavy rains. Fresh supplies were given by the State covering the entire 42
lakh hectares of land under aman cultivation. The production is likely to be
better this year,” the official told BusinessLine.
West Bengal produces about 15-16
million tonnes of paddy each year across the three seasons; that include aus,
aman and boro.
The kharif paddy (aus and aman)
output accounts for about 70 per cent of the total production in the State.
Heavy rains during the aman season often results in good boro or winter crop.
“Though there could be some marginal impact on the crop in the districts of
north Bengal, the crop standing in south Bengal looks good. In fact, production
across south Bengal should be better than last year,” said Pranab Chatterjee,
professor at Bidhan Chandra Krishi Viswavidyalaya.
Prices gain
Despite anticipation of a good
produce, the price of rice has been ruling high both at the miller’s end as
well at the retail level.
According to Manoj Kumar Modi,
owner of a rice mill in Kolkata, price of the ‘swarna’ variety has increased by
₹4-5 a kg to ₹27-28 a kg. The ‘ratna’ variant
has seen an approximate 10 per cent increase – by ₹2-3 a kg – to ₹29-30 a kg.
In the retail market, prices are
ruling higher by about ₹2-4 a kg for both these varieties.
Millers attribute this (rise in
prices) to a surge in exports of rice to Bangladesh. It is estimated that
nearly five-to-six lakh tonnes of rice has been exported to Bangladesh in the
last one-to-two months.
“Till last year there was hardly
any demand from Bangladesh; but this year a lot of rice has been moving there
which has pushed up the prices in domestic market,” Debnath Mondal, chairman of
Bengal Rice Mills Association said.
(This article was published on October 4, 2017)
http://www.thehindubusinessline.com/economy/agri-business/bengal-paddy-output-seen-higher-prices-firm-on-exports/article9887425.ece
In a first, India to export rice
to Bangladesh as neighbouring country hit by shortfall
In a first of
its kind arrangement between India and Bangladesh in recent years, India would
be exporting around 5 lakh tonne of parboiled rice to Bangladesh for meeting
its domestic demand and creating a buffer stock.
At
present, Bangladesh is facing a shortfall of 1.5 million tonne (mt) of rice
this year due to crop losses by heavy flooding in the recent months.
In a first of its kind arrangement between India and Bangladesh
in recent years, India would be exporting around 5 lakh tonne of parboiled rice
to Bangladesh for meeting its domestic demand and creating a buffer stock.
Sources told FE that the India government has authorised agri
cooperative Nafed to export rice to Bangladesh. At present, Bangladesh is
facing a shortfall of 1.5 million tonne (mt) of rice this year due to crop
losses by heavy flooding in the recent months.
Bangladesh’s ministry of food has called a meeting on October 15
to decide on the prices and time-frame for supply of rice from India. As the
rice exports would be carried on a G2G (government-to-government) basis, there
would not be any tender for rice exports from India. Around 1.5 lakh tonne of
rice has been already exported to Bangladesh by private trade this fiscal year.
Nafed is expected to source parboiled rice from eastern states
such as Chhattisgarh, Bengal and Odisha for exports to Bangladesh as the region
has similar food habits.
Meanwhile, in a bid to boost domestic rice supply, Bangladesh
has cut import duty on rice twice in last couple of months. Recently, the
import duty was slashed to 2% from existing 10%. In June, the import duty was
slashed to 10% from 25%.
Earlier this year, the Bangladesh government had set a rice
production target of 19.1 mt, but floods in the northeastern region have
damaged around 2 mt rice. “One thing needs to be clear that the decision to
import doesn’t mean that there’s a crisis. The stock in government warehouses
as well as the supply in market is ample,” Bangladesh food minister Qamrul
Islam said recently.
Currently, the price of common variety of rice in Bangladesh is
around taka 50 ($0.62), which is an increase of more than 78% from 28 taka a kg
prevailed about four month ago.
Around 75% of requirement in Bangladesh is of parboiled rice
while the rest is of white rice
However, India’s domestic rice prices are expected to be soften
as kharif paddy for 2017-18 crop year (July-June) has started to arrive in the
market. India produced a record 110 mt rice in crop year (2016-17) while in the
current year, the output could decline marginally because of patchy monsoon
rains in some of the key growing areas. India is the world’s largest exporter
of rice with annual shipment of more than 10 mt for last couple of years.
Trade sources said that India is well-placed to supply rice,
because of physical proximity to Bangladesh compared to Vietnam, Thailand and
Cambodia. The cargo consignment from India can reach Bangladesh within a day
via land, or 3-4 days via the sea.
http://www.financialexpress.com/market/commodities/in-a-first-india-to-export-rice-to-bangladesh-as-neighbouring-country-hit-by-shortfall/881312/
Government set to launch market operation on medium quality rice
Jakarta (ANTARA News) - The government has prepared
to launch market operation on medium quality rice following the declining
supply of the commodity, especially in Cipinang Wholesale Rice Market.
The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.
"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.
According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.
"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.
Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.
Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.
Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice.
The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.
"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.
Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.
Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.
"Definition for medium and premium quality rice is different from the previous ones. Previously, premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.
The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.
However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*)
The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.
"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.
According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.
"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.
Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.
Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.
Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice.
The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.
"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.
Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.
Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.
"Definition for medium and premium quality rice is different from the previous ones. Previously, premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.
The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.
However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*)
http://www.antaranews.com/en/news/112925/government-set-to-launch-market-operation-on-medium-quality-rice
UofA to Host Ag Policy and Market Webinar on October 5
The University of Arkansas System’s
Division of Agriculture will host a webinar on October 5th at 3:00pm to discuss
ag policy and market outlook for U.S. agriculture. The meeting will be led by
Dr. Bobby Coats and will feature Pat Westoff from the Food and Agricultural
Policy Research Institute (FAPRI) at the University of Missouri. Westhoff will
report on the latest FAPRI market projections and discuss some of the factors
that will drive markets in the months and years ahead. He’ll also talk about
recent policy developments and the next farm bill debate, and will try to give
an idea of what could happen and what it might mean.
Details below:
New Webinar: The Agricultural
Policy and Market Outlook: What now? (60 minutes)
Date and Time: Thursday, October 5, 2017 3:00 PM in Central Time (US and Canada)
Connect with Computer, IPad or
Smartphone by Internet or Dial-in and Listen by Phone
Host: Bobby Coats, Professor in the Department of Agricultural Economics
and Agribusiness, University of Arkansas System, Division of Agriculture,
Cooperative Extension Service. E-mail:recoats@uark.edu
Producer: Mary Poling, Coordinator for Interactive Communications,
University of Arkansas System Division of Ag, Cooperative Extension Service,
E-mail: mpoling@uaex.edu
Topic: The Agricultural Policy
and Market Outlook: What now?
Presenter: Pat Westhoff and his colleagues at the Food and Agricultural
Policy Research Institute (FAPRI) try to make sense of agricultural markets and
policies. Patrick Westhoff is the director of the Food and Agricultural Policy
Research Institute (FAPRI) at the University of Missouri–Columbia and a
professor in the MU department of agricultural and applied economics.
Description: Westhoff will report on the latest FAPRI market projections
and discuss some of the factors that will drive markets in the months and years
ahead. He’ll also talk about recent policy developments and the next farm bill
debate, and will try to give an idea of what could happen and what it might
mean.
Registration Link for Oct 5, 2017 3:00 PM in Central Standard Time (US and
Canada)
http://agcouncil.net/2017/09/uofa-to-host-ag-policy-and-market-webinar-on-october-5/
Early harvest brings festivity to
North after flood gloom
12:00
AM, October 04, 2017 / LAST MODIFIED: 12:00 AM, October 04, 2017
A
farmer carries bundles of BRRI dhan-33, an early variety paddy, harvested from
a field in Dinajpur's Khansama upazila on Monday. The area was hit by flood in
mid-August. But luckily for farmers, the damage was minimal. They are now
hoping to make a good profit as rice prices are high in local markets. Photo:
Star
Our
Correspondent, Dinajpur
Farmers of the flood-affected areas in Dinajpur and Rangpur have
started harvesting of early variety high-yielding paddy amidst festivity
although flood in August was a heavy blow to them.
The farmers are expecting more profit this year as the price of
rice was soaring in the market.
Harvesting started on Sunday in full swing in Badarganj upazila of
Rangpur and Khansama upazila of Dinajpur, according to the Department of
Agricultural Extension.
In Badarganj, around 2,700 hectares of land was brought under
early varieties of high-yielding paddy cultivation.
Farmer Mazedur Rahman of Untapara village in Kalupara union said
he had cultivated hybrid paddy on 52 decimals of land. He added he started
harvesting on Sunday.
“I got 30 maunds of paddy from my land," he said, adding that
he had spent Tk 9,000 for planting the paddy, which had around 100 days of life
span.
He was now preparing his land for next crops like potatoes.
Abdus Salam of Mohdipur village said he got 40 maunds of paddy
from his 60 decimals of land and got Tk 600 per maund from the sale.
Away in Khansama of Dinajpur, high-yielding early varieties of
paddy were cultivated on 500 hectares of land, according to DAE officials.
“The situation in mid-August was very bad during the flood,"
said Polash Roy, a farmer of Kachiniya village in the upazila. Now things were
much better, he said, adding, they would cultivate other crops like potato,
garlic and onion along with winter vegetables after harvesting paddy.
Abinoy Chandra Roy of Prankrishnapur village said he had planted
early variety hybrid paddy on his 50 decimals of land and got 40 maunds of
paddy.
He also said it took 100 days from cultivation to harvest.
Like him, Md Babu and Saidul Islam of Bishnuganj village, Rashidul
Islam of Goaldihi village and Rafiqul Islam of Marium Bazar area in the upazila
cultivated the same paddy and got good production
http://www.thedailystar.net/backpage/early-harvest-brings-festivity-north-after-flood-gloom-1471291
Global rice
conference promotes low-carbon climate-smart rice
October 4, 2017 - by Holly Demaree
According to the International Panel on Climate Change, rice fields
contribute approximately 9% to 11% of the world’s non-CO2 agricultural
emissions.
Photos courtesy of IRRI.
Photos courtesy of IRRI.
BANGKOK,
THAILAND – Low carbon rice and sustained incomes for rice farmers in developing
countries were at the core of discussions at the first Global Sustainable Rice
Conference and Exhibition, which opened Oct. 4 in Bangkok. The two-day meeting
gathered around 300 global rice stakeholders from 30 countries to discuss
challenges facing the global rice sector, and to propose innovative
collaborative approaches to enhance sustainability in the sector.
The discussions are set to lead to recommendations for collaborative action and investment by governments, the private sector and the development community. Innovative partnerships are needed to transform the global rice sector toward a low-carbon, sustainable future, and contribute to the 2030 Agenda and the UN Sustainable Development Goals.
Speaking at the opening of the First Global Sustainable Rice Conference and Exhibition held at the UN Conference Centre in Bangkok, Dechen Tsering, regional director and regional representative for Asia and Pacific, UN Environment, called for urgent collective action among public and private sectors as well as research organizations and civil society groups.
“Rice is critical to global food security and to the welfare of around 800 million impoverished people around the world,” Tsering said. “However, we pay a high environmental price for our rice, and we need a transformation in the global rice sector if we are to meet future global demand and enhance farmer livelihoods in a sustainable way. As a multi-stakeholder initiative with 80 institutional members, the Sustainable Rice Platform, co-convened by UN Environment and the International Rice Research Institute, offers partners the opportunity to participate in this transformative process and make a real contribution to the UN Sustainable Development Goals.”
In another keynote address, Kundhavi Kadiresan, assistant director-general and regional representative for Asia and the Pacific, Food and Agriculture Organization of the United Nations, reminded delegates that, “Asia fills the world’s rice bowls and will continue to do so in the years to come. But such a major crop needs constant attention – by input suppliers, farmers, traders and the authorities whose policies govern its production. The Food and Agriculture Organization of the United Nations seeks to work with partners who strive to ensure the sustainability of rice production in ways that allow farmers to earn more income but that do not result in damage to ecosystems and the rice-based landscapes of the region.”
The discussions are set to lead to recommendations for collaborative action and investment by governments, the private sector and the development community. Innovative partnerships are needed to transform the global rice sector toward a low-carbon, sustainable future, and contribute to the 2030 Agenda and the UN Sustainable Development Goals.
Speaking at the opening of the First Global Sustainable Rice Conference and Exhibition held at the UN Conference Centre in Bangkok, Dechen Tsering, regional director and regional representative for Asia and Pacific, UN Environment, called for urgent collective action among public and private sectors as well as research organizations and civil society groups.
“Rice is critical to global food security and to the welfare of around 800 million impoverished people around the world,” Tsering said. “However, we pay a high environmental price for our rice, and we need a transformation in the global rice sector if we are to meet future global demand and enhance farmer livelihoods in a sustainable way. As a multi-stakeholder initiative with 80 institutional members, the Sustainable Rice Platform, co-convened by UN Environment and the International Rice Research Institute, offers partners the opportunity to participate in this transformative process and make a real contribution to the UN Sustainable Development Goals.”
In another keynote address, Kundhavi Kadiresan, assistant director-general and regional representative for Asia and the Pacific, Food and Agriculture Organization of the United Nations, reminded delegates that, “Asia fills the world’s rice bowls and will continue to do so in the years to come. But such a major crop needs constant attention – by input suppliers, farmers, traders and the authorities whose policies govern its production. The Food and Agriculture Organization of the United Nations seeks to work with partners who strive to ensure the sustainability of rice production in ways that allow farmers to earn more income but that do not result in damage to ecosystems and the rice-based landscapes of the region.”
Meeting the
world’s future food and nutritional needs in a sustainable way presents
critical development challenges, underscoring the urgent need for action to
enhance production while minimizing the environmental footprint of rice systems
and their vulnerability to climate change. According to the International Rice
Research Institute (IRRI), rice is a thirsty crop, accounting for 30% to 40% of
the world’s irrigation water; 3,000 to 5,000 liters of water are needed to
produce 1 kilogram of polished rice. Rice also accounts for approximately 13%
of global nitrogen fertilizer use.
Aside from its extreme vulnerability to climate change impacts, rice production is itself a major contributor to climate change. According to the International Panel on Climate Change, rice fields contribute approximately 9% to 11% of the world’s non-CO2 agricultural emissions.
These concerns underscore the need for action to enhance resource efficiency and reduce the environmental and carbon footprint of rice systems. Ensuring economic, environmental and social sustainability on the farm and throughout rice value chains presents critical development challenges.
Summarizing these challenges in his opening address to the conference, Matthew Morell, director general of the IRRI, reminded delegates of the efforts of the international research community to develop innovative climate-smart best practice packages for rice smallholders.
“The International Rice Research Institute and its national partners and collaborating institutions have developed proven technologies and approaches to help smallholders in developing countries produce rice more efficiently, more reliably, using less water and farm chemicals, while reducing greenhouse gas emissions and protecting the environment,” Morell said. “We are proud to work as co-founders of the Sustainable Rice Platform to promote adoption of these climate-smart best practice packages by Asia’s farmers.”
The Sustainable Rice Platform is a multi-stakeholder partnership to promote resource efficiency and sustainability, both on-farm and throughout rice value chains. The alliance works with over 80 institutional partners in the public and private sectors as well as international organizations, NGOs and the international research community to promote climate-smart best practice among rice smallholders in developing countries. In 2015 the world’s first Standard for Sustainable Rice Cultivation was launched, together with a set of Performance Indicators to enable monitoring of progress and impact. The launch triggered commitments by a number of private sector actors to achieve 100% sustainable sourcing within their global corporate supply chains by 2020. Revision of the standard recently began with a 60-day online public consultation.
Aside from its extreme vulnerability to climate change impacts, rice production is itself a major contributor to climate change. According to the International Panel on Climate Change, rice fields contribute approximately 9% to 11% of the world’s non-CO2 agricultural emissions.
These concerns underscore the need for action to enhance resource efficiency and reduce the environmental and carbon footprint of rice systems. Ensuring economic, environmental and social sustainability on the farm and throughout rice value chains presents critical development challenges.
Summarizing these challenges in his opening address to the conference, Matthew Morell, director general of the IRRI, reminded delegates of the efforts of the international research community to develop innovative climate-smart best practice packages for rice smallholders.
“The International Rice Research Institute and its national partners and collaborating institutions have developed proven technologies and approaches to help smallholders in developing countries produce rice more efficiently, more reliably, using less water and farm chemicals, while reducing greenhouse gas emissions and protecting the environment,” Morell said. “We are proud to work as co-founders of the Sustainable Rice Platform to promote adoption of these climate-smart best practice packages by Asia’s farmers.”
The Sustainable Rice Platform is a multi-stakeholder partnership to promote resource efficiency and sustainability, both on-farm and throughout rice value chains. The alliance works with over 80 institutional partners in the public and private sectors as well as international organizations, NGOs and the international research community to promote climate-smart best practice among rice smallholders in developing countries. In 2015 the world’s first Standard for Sustainable Rice Cultivation was launched, together with a set of Performance Indicators to enable monitoring of progress and impact. The launch triggered commitments by a number of private sector actors to achieve 100% sustainable sourcing within their global corporate supply chains by 2020. Revision of the standard recently began with a 60-day online public consultation.
http://www.world-grain.com/articles/news_home/World_Grain_News/2017/10/Global_rice_conference_promote.aspx?ID={4F1F5F83-
Global Long-Grain Rice Seeds Market
2017: Nuziveedu Seeds, Kaveri, Krishidhan, Rasi Seeds, JK Seeds, Syngenta
QY Market
Research Leading Research Firm has added the latest report on "Global
Long-Grain Rice Seeds Market by Manufacturers, Regions, Type and Application,
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release was orginally distributed by SBWire
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http://www.digitaljournal.com/pr/3510674#ixzz4udCw5Qvu
Research expo provides undergrads with unique
opportinites
Students had
to chance to recruit for their research and provide insight into their projects.
By Elaine Soliman @ElaineSoliman_
Photo by Paul Burke
Research at Texas A&M spans from entomology to investigating
lyme disease. These research projects and projects similar to them presented at
the Undergraduate Research Expo on Oct. 4 in the MSC Bethancourt Ballroom.
The Undergraduate Research Expo was an all day event where
undergraduate students interested in getting involved with research on campus
were able to learn more about the opportunities afforded to them. Ph.D. and
graduate students were also able to present their research projects during a
poster session and recruit undergraduate students to be a part of their team.
There were multiple events planned for the expo, including a
research opportunities and resource fair along with poster sessions where
students presented their research and informationals regarding how to get
started in research followed by socials in the evening.
The Undergraduate Research Expo is one method students could use
to get involved in research at A&M. It can be a meaningful experience to
many who decide to delve into the research environment according to applied
math junior Devyn Rice.
“I’ve definitely grown personally and gained personal skills,”
Rice said. “I’ve gotten to work in the classroom with students in the lab and
been able to make a difference for them ... impacting them in a different way
than their teacher was able to.”
Rice said that undergraduate research is a wonderful
opportunity, with several open spots, including spots on her own research team.
“It lets you explore what you’re already interested in,” Rice said.
“So my math classes, my stat classes that have no relevance to me right now,
they now have an application that I don’t have to wait five years to seek. I
learned more statistics before I got into my stats class and then when I got
into my stats class, it was completely relevant. ”
The event was not only for students to present their research,
it was also a resource fair where many organizations, such as the Texas Sea
Grant, could present their purpose and mission to students at A&M.
Mia Zwolinksi, a research coordinator for the Texas Sea Grant
College Program, said that it is important for students to be exposed to
research early on.
“Immerse yourself in research, it’s not just for graduate
students,” Zwolinski said. “It’s for undergrads as well. And you have the great
opportunity to learn how to write a thesis. So you don’t have to wait to be a
graduate students to learn how to write a thesis.
http://www.thebatt.com/science-technology/research-expo-provides-undergrads-with-unique-opportinites/article_0fcac7dc-a962-11e7-8856-1fe86f1251b6.html
Rice Seed
Sales Market Research 2017: Currently Trending Market Strategies with High
Production Ratio and Application Usages by 2022
By Rashmi Saraf
October 4, 2017
Rice Seed Sales Industry research
report is a meticulous investigation of current scenario of the market, which covers
several market dynamics. Rice Seed Sales market research report is a resource,
which provides current as well as upcoming technical and financial details of
the industry.
Rice Seed Sales Market Report provides an analytical assessment of the
prime challenges faced by this Market currently and in the coming years, which
helps Market participants in understanding the problems they may face while
operating in this Market over a longer period of time.
In this report, the global Rice Seed Sales market is valued
at USD XX million in 2016 and is expected to reach USD XX million by the end of
2022, growing at a CAGR of XX% between 2016 and 2022
Various policies and news are
also included in the Rice Seed Sales Market report. Various costs involved in
the production of Rice Seed Sales are discussed further. This includes labour
cost, depreciation cost, raw material cost and other costs.
Get a Sample of Rice Seed Sales Market research report from –https://www.marketreportsworld.com/enquiry/request-sample/10581271
The production process is
analysed with respect to various aspects like, manufacturing plant
distribution, capacity, commercial production, R&D status, raw material
source and technology source. This provides the basic information about the
Rice Seed Sales industry.
Further in the Rice Seed Sales Market research reports,
following points are included along with in-depth study of each point:
Production Analysis – Production of the Rice Seed
Sales is analysed with respect to different regions, types and applications.
Here, price analysis of various Rice Seed Sales Market key players is also
covered.
Sales and Revenue Analysis – Both, sales and revenue are studied for the different
regions of the Rice Seed Sales Market. Another major aspect, price, which plays
important part in the revenue generation, is also assessed in this section for
the various regions.
Supply and Consumption – In continuation with sales,
this section studies supply and consumption for the Rice Seed Sales Market.
This part also sheds light on the gap between supple and consumption. Import
and export figures are also given in this part.
Competitors – In this section, various
Rice Seed Sales industry leading players are studied with respect to their
company profile, product portfolio, capacity, price, cost and revenue.
Other analyses – Apart from the
aforementioned information, trade and distribution analysis for the Rice Seed
Sales Market, contact information of major manufacturers, suppliers and key
consumers is also given. Also, SWOT analysis for new projects and feasibility
analysis for new investment are included.
Have a query? Ask our expert:
The following firms are included in the Rice Seed Sales Market
report:
DuPont Pioneer
Bayer
Nuziveedu Seeds
Kaveri
Mahyco
RiceTec
Krishidhan
Rasi Seeds
JK seeds
Syngenta
Longping High-tech
China National Seed
Grand Agriseeds
Dabei Nong Group
Hefei Fengle
Win-all Hi-tech
Gansu Dunhuang Seed
Dongya Seed Industry
Keeplong Seeds
Guangxi Hengmao Agricultural Technology
Opulent Technology
Zhongnongfa
Anhui Nongken
Saprotan Utama
Bayer
Nuziveedu Seeds
Kaveri
Mahyco
RiceTec
Krishidhan
Rasi Seeds
JK seeds
Syngenta
Longping High-tech
China National Seed
Grand Agriseeds
Dabei Nong Group
Hefei Fengle
Win-all Hi-tech
Gansu Dunhuang Seed
Dongya Seed Industry
Keeplong Seeds
Guangxi Hengmao Agricultural Technology
Opulent Technology
Zhongnongfa
Anhui Nongken
Saprotan Utama
Price of Report (single User Licence): $ 4000
Purchase the Rice Seed Sales Market Report:
The Rice Seed Sales Market has been segmented as below:
By Product Analysis:
·
90%
Rice Seed Sales
·
95%
Rice Seed Sales
·
Other
Purity
By Regional Analysis:
·
North
America
·
Europe
·
China
·
Japan
·
Southeast
Asia
·
India
The Rice Seed Sales Market report
covers the market landscape and its growth prospects over the coming years, the
Report also brief deals with the product life cycle, comparing it to the
relevant products from across industries that had already been commercialized
details the potential for various applications, discussing about recent product
innovations and gives an overview on potential regional market shares.
Iraq’s state grain buyer is seeking 30,000 tonnes of rice of any
origin
04-Oct-2017
CHICAGO, Oct 3 (Reuters) - The following is a snapshot of
global export markets for grains, oilseeds and edible oils as reported by
government and private sources as of the close of business on Tuesday: WHEAT
PURCHASE: Egypt's state grain buyer GASC said
it bought 180,000 tonnes of Russian wheat in a tender. Traders said prices
ranged from $197.95 to $200.00 per tonne free on board (FOB). GASC received offers
from 11 suppliers, a jump from its previous tender when suppliers stayed away
amid a simmering trade row over tough inspections.
BARLEY PURCHASE: Jordan's state grain buyer purchased 50,000 tonnes of
barley in a tender, a government source and traders said. The barley was
purchased from GTCS at the price of $218 a tonne cost
and freight, the sources said. The arrival date is the second half of December.
DURUM WHEAT AND BARLEY PURCHASE: Tunisia bought 100,000 tonnes of durum
wheat and 25,000 tonnes of feed barley in a tender on Tuesday, European traders
said. It paid for the durum wheat between $286.29 to $289.69 per tonne, cost
and freight included, and the feed barley at $209.55 a tonne C&F, they
said. The grains were of optional origin and for shipment between November and
December depending on the origin accepted. WHEAT TENDER: Japan's Ministry of Agriculture is seeking to buy
a total of 109,906 tonnes of food-quality wheat from the United States and Canada in a regular tender that will close late on
Oct. 5.
PENDING TENDERS: SOYMEAL: Iranian state-owned animal
feed importer SLAL issued an international tender to
purchase about 200,000 tonnes of soymeal, European traders said. Offers in the
tender were to be submitted on Oct. 2. The soymeal can be sourced from Argentina or Brazil only and prices must be submitted in euros.
WHEAT TENDER: Iraq's state grain buyer is seeking 50,000 tonnes of wheat in a
tender, Baghdad-based traders said. The deadline for offers is Oct. 16 and
offers must remain valid until Oct. 22, the sources said.
Iraq is seeking wheat of U.S., Canadian
and Australian origins, at the seller's option. RICE TENDER: Iraq's state grain
buyer is seeking 30,000 tonnes of rice of any origin, traders said. The
deadline for the offers is Oct. 16 and offers should remain valid until Oct.
22, they said.
Market fee hike: Millers not to purchase basmati for 2 days 04-Oct-2017
Bathinda: Upset over 1% hike each in market fee and rural
development fund (RDF) charges, the Punjab Basmati Rice Millers Association
(PBRMA) has decided not to make purchases of the aromatic crop on Wednesday and
Thursday. The market fee and RDF now has been increased to 3% each. Basmati
varieties -- Pusa 1121, Pusa 1509, 1401, Sunanghi and Sharbati -- have been
sown in over 4.51 lakh hectares in the state this season.
Millers said nearly 20 lakh tonnes basmati was expected to reach
mandis and at an average price of Rs 3,000 per quintal, the crop would fetch
nearly Rs 6,000 crore
They said with the increase in fees, millers have to pay
approximately Rs 120 crore more in taxes and would be forced to realise the
money from the farmers.
PBRMA president Bal Krishan and general secretary Aashish Kathuria
said, "Punjab government has meted out injustice with basmati millers and
farmers by increasing market fee and RDF fee. In neighbouring Haryana, millers
have to pay 2% each as market fee and RDF fee and in Rajasthan there is only
1.6% market fee and no RDF. By paying more taxes we can never compete with
millers of other states and have decided not to make any purchases on October 4
and 5 in protest against hike in taxes."
Basmati paddy price firms up on lower harvest, steady demand
CHANDIGARH: The price of basmati paddy — the
premier long grain rice in its unshelled form — has increased 30-45% from last
year as farmers harvest a lower output in India, the largest producer and
exporter, even as demand remains steady globally. Traders expect the price to
remain firm through this season.
Unshelled basmati is trading between Rs 26 and 45 per kilogram in Punjab
during the ongoing harvesting season. Farmers are receiving higher value this
time for 1509 basmati varie ..
http://economictimes.indiatimes.com/articleshow/60941399.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Pakistan needs $40 billion to reduce sensitivity to climate
change threats: ADB
KARACHI: Pakistan will need
approximately $40 billion in funds to achieve the desirable level of greenhouse
gas emissions during the next one and half decade, the Asian Development Bank
(ADB) said in a recent report, pinpointing a strong institutional setup in the
country to improve its access to global climate finance.
ADB said Pakistan is one of the
countries that are most vulnerable to climate change effects, including
catastrophic floods, droughts and cyclones.
“As described in its Nationally
Determined Contribution to the Paris Agreement under the United Nations
Framework Convention on Climate Change, Pakistan intends to reduce up to 20
percent of its 2030 projected greenhouse gas emissions, subject to availability
of international grants to meet the cumulative abatement costs amounting to
approximately $40 billion,” Manila-based lender said in ‘Climate change profile
of Pakistan’.
The Bank said Pakistan is one of
the countries in South Asia where warming is
expected to remain more than the global mean “and climate change will impact the glaciers’ melting rate and precipitation patterns, particularly affecting the timing and strength of monsoon rainfall.”
expected to remain more than the global mean “and climate change will impact the glaciers’ melting rate and precipitation patterns, particularly affecting the timing and strength of monsoon rainfall.”
“Consequently, this will
significantly impact the productivity and efficiency of water-dependent sectors
such as agriculture and energy,” it added. ADB said the thermal
resources-dependent energy sector is the biggest contributor of greenhouse gas
emissions (GHG), accounting for nearly half of the total national GHG emissions
inventory.
Hydropower resources, which supply
around 30 percent of electricity, are expected to be affected by the recession
of Himalayan glaciers that is the largest source of freshwater supply in the
country, it added.
The Bank said hotter temperatures
are likely to increase energy demand due to increased air conditioning
requirements. Warmer air and water temperatures may decrease the efficiency of
nuclear and thermal power plant generation.
The Asian Development Bank,
however, recommended construction of additional water storage, diversification
of energy mix including investment in renewable and small hydropower projects,
improvement of weather forecasting and warning systems, retrofitting of
critical energy infrastructure, and construction of dikes or sea walls.
The Bank said Pakistan lacks
adaptation and mitigation strategies to combat climate change threats. The
country launched ministry of climate change in 2013 despite it has signed 14
international environmental commitments between 1971 and
2001.
It said weak institutional setup in
the country keeps its share in global climate change finance to minimal. It has
only $15 million in disbursements of multilateral finance explicitly for
climate change as of 2012.
Annual global climate finance flows
amounted to approximately $331 billion in 2013, of which $34 billion flowed
from developed to developing countries. The Bank said
climatic changes are expected to reduce agricultural productivity, increase
variability of water availability, raise coastal erosion and seawater
incursion, and aggravate frequency of extreme climatic events.
It estimated that the rise in
temperature between 0.5 to two centigrades would bring agriculture productivity
down eight to 10 percent by 2040. “Addressing these risks requires the
mainstreaming of climate change into national strategy and policy; and
climate-smart investments in infrastructure, businesses and skills,” Akmal
Siddiq, a director of agriculture, water, and natural resources division at ADB
said in the report.
ADB said warming-driven higher
evaporation rates may lead to growing demand of irrigation water and this
situation is expected to bite yields of wheat and basmati rice – the two key
cash crops for the agriculture-dependent economy.
The Bank advised the policymakers
to develop or use crop varieties with greater heat and drought tolerance,
modernise irrigation infrastructure, employ water-saving technologies,
integrate watershed management, and increase reforestation of catchment areas.
ADB said climate change will also
affect urban infrastructure and transport sector in Pakistan, which is the
sixth most populous country in the world. “In economic terms, there are two
types of impacts of extreme weather events on the transportation system,” it
added.
“The first is the damage inflicted
upon infrastructure, such as flood damage to
road, rail, and bridges. The second is the economic cost of interruptions in the
operation of the transportation systems, which prevent employees from going to work; shoppers from getting to stores; and goods from being delivered to factories, warehouses, and stores.”
road, rail, and bridges. The second is the economic cost of interruptions in the
operation of the transportation systems, which prevent employees from going to work; shoppers from getting to stores; and goods from being delivered to factories, warehouses, and stores.”
https://www.thenews.com.pk/print/234270-Pakistan-needs-40-billion-to-reduce-sensitivity-to-climate-change-threats-ADB
FG: Price of
Rice will Fall Within One Month
October 5, 2017
All things being equal, the price of
rice in Nigeria will drastically fall within the next one month, the federal
government assured wednesday.This disclosure was made by the Minister of
Agriculture and Rural Development, Chief Audu Ogbeh, while briefing State House
correspondents at the end of the weekly Federal Executive Council (FEC) at the
Presidential Villa in Abuja.
Ogbeh said the government had been
concerned about the high cost of rice which he described as the most consumed
commodity in Nigeria. The trend, he added, resulted in the recent meetings of both
the rice growers and millers during which he said both parties resolved to
crash the price of rice in the next four weeks.
According to him, both the rice
growers and millers had agreed that the price of paddy – raw and unprocessed rice in the farm – would be
reduced to a cost that will be easily affordable by rice millers who will in
turn sell the milled rice at a competitive price that will be within the reach
of average consumers.
He said given this development, the
price of locally consumed rice would become as low as that of imported or
smuggled rice. This development is expected to make rice import or smuggling
henceforth unattractive.Ogbeh also said the council mandated the ministry to
investigate the recent export of poor quality of yam to the United States by a
company with a view to discovering why such products of low quality were
exported from the country.
Ogbeh also said a bill meant to
repeal Export Prohibition Act which prohibits the export of some locally
produced items such as yam, rice, among others, to enable the country export
such products and grow the economy is already before the National Assembly.
“We have been mandated by council to
brief you on one or two developments in the agriculture sector. One is a new
development about the consignment of yam which was exported from Nigeria to the
US which, according to a report that we heard today, was found to be of poor
quality.
“The ministry will investigate it
because the ministry is not an exporter. Exporters are private sector people.
We will investigate both the company that exported and ask the quarantine
department to check and find out why such a consignment left here.“The second
issue is that in the last two days, rice growers in Nigeria and rice millers
have been meeting. We are very concerned about the price of rice which is the
most consumed commodity in Nigeria today.
“This means in the next one month,
since the harvest of rice has begun in earnest, the price of rice will become
reasonable and the cost of rice would have reduced substantially. We shall
continue to pursue that. The ministry is also equipping farmers to make rice
harvest easier so that the cost of rice harvest will substantially reduce,” he
said.
In his own briefing, the Minister of
Power, Works and Housing, Mr. Babatunde Fashola, said the council approved
N25.9 billion to offset the debt owed by the federal government to electricity
distribution companies (Discos).
According to him, the approval
followed the verification of the claims of over N67 billion debt made by the
Discos against the federal government.He said the balance of N41 billion was
not owed by the federal government but rather by some states and local
governments as well as some international organisations classified as the
federal government institutions.
Fashola said the decision of the
government to offset the debt was government’s own way of fulfilling its own
commitment to the private sector with the aim of promoting the growth of the
private sector.
He also said the move was part of
power sector recovery programme, pointing out that further verification of
debts owed by states and local governments had been approved by the National
Council on Power.
The minister also disclosed that the
Discos also owe the federal government over N500 billion, being the cost of
energy which he said they took and have not remitted.He said: “We presented a
memorandum to council to approve the verified sums of monies owed by the
ministries, departments and agencies of government to distribution companies
for electricity supplied to them. You might recall that over time, since the
inception of this administration, the claims of debts owed by this
administration to distribution companies have been a matter of concern.
“We had committed that those figures
would be verified and the verified sums, the government would pay. We have
completed the verification and as was announced in the monthly power meeting,
we now asked council to approve the verified sum of N25.994 billion owed by
MDAs of the federal government to be paid to the Discos out of the claims of
N67.41 by the Discos. There is differential of about N41 billion. That
differential arose because some of the claims do not belong to the federal
government. The debts are owed by some states and local governments. Some are
owed by public international organisations that have been classified as
government institutions.
In a related development, the federal government, Rice Farmers
Association of Nigeria (RIFAN) and
National Rice Millers Association of Nigeria (NRMAN) have moved to
guarantee national food security by reducing the price of rice before the end
of the year.The resolution was the highpoint of yesterday’s tripartite
understanding agreed to by Ogbeh, Chairman of NRMAN, Mohammed Abubakar and
Chairman of RIFAN, Aminu Goronyo.
The parties agreed to review and
reduce the market price of processed Paddy rice which ranges from N16,000 to
N17,000 to about N13,000for the 2017/2018 wet season farming.Government rice
policy has seen a major reduction in rice importation from 500,000 metric ton
in 2015 to 58,000 mt in 2016.
Ogbeh highlighted government’s
desire to continue to procure machines and support rice farmers so that they
can maintain the MoU between the farmers and millers to sell paddy at N110,000
per metric tonnes. Presently a ton of paddy is sold at N150,000.
The minister appealed to RIFAN to
desist from unnecessary hiking of the price of paddy, saying such would give
smugglers the leeway in market, while ordinary Nigerians will be unable to
afford the price of the local food staple. He stated further that with efforts
being put in place, the price of rice will be reasonable and can be afforded by
all Nigerians.
“I want to make a passionate appeal
to RIFAN. Millers will be unable to buy if the farmers hike the prices of the
product. And if the millers can’t buy, a day will come when the mills will shut
down. If that happens, people won’t find rice in the market and smugglers will
take advantage of the scarcity. Any breach of the agreement reached will
benefit the smuggler while the Nigerian consumers will suffer most,” Ogbeh
admonished.
Speaking after the meeting, Goronyo
said RIFAN predicted that cheaper rice would flood the market this year in view
of the anticipated bumper harvest by farmers.He said the rice farmer
association and the millers had agreed in principle to collaborate in the
interest of Nigerians.He gave the cost of production and high interest rate as
the main reasons responsible for the high cost of rice in the market, saying
Ogbeh had promised to bring the cost of production to the barest minimum.
“Though Nigerians were once buying a
50kg bag of rice for N18,000, today the cost of a 50kg bag of rice is N14,000
to N15,000 which supports the fact that the prices are coming down and will go
further down to not even N7,000 but N6,000 for a 50kg. Just give us few
months,” Goronyo pleaded.He said the government rice production scheme will
benefit the smallholder farmers estimated at 12.2 million or 90 per cent of the
registered rice farmers in Nigeria
FEC approves N26bn to
pay off MDAs’ debts to Discos
Oct 5, 2017 in Business | 0 comments
From Juliana Taiwo-Obalonye, Abuja
The Federal Executive Council (FEC)
meeting presided over by President Muhammadu Buhari, Wednesday, approved the
sum of N25,994 billion for Distribution Companies (Discos), to offset some of
the debts owed by Ministries Departments and Agencies (MDAs).
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The Council approved the verified
sum of N25.994 billions for Discos out of the claims of N67.41 billions,
leaving a differential of about N41 billion yet to be verified.
The Federal Government will deduct
the sum from the N500 billion the Discos owed the Nigerian Bulk Electricity Trader (NBET), a
wholly Federal Government owned subsidiary company.
Briefing State House correspondents
at the end of the three and half hour meeting, the Minister of Power, Works and
Housing, Babatunde Fashola, alongside the Ministers of Information, Lai
Mohammed and Agriculture, Audu Ogbe, said the debts, yet to be verified, were
those of states, local government areas
and some international organisations ascribed to the Federal Government.
“We presented a memorandum to FEC to
approve the verified sum of monies being debts owed by MDAs to distribution
companies for electricity supplied to them. Since the beginning of this
administration, claims of debts by government to Discos have been a matter of
concern especially in the light of liquidity issues.
“We had committed that those figures
would be verified and the verified sums, government would pay. We have
concluded the verification and we now asked council to approve the verified sum
of N25.994 billion owed by MDAs of the Federal Government to be paid to the
Discos out of the claims of N67.41 billion. So, there is a differential of
about N41 billion.
“That differential arises first
because some of the claims do not belong to the Federal Government. Some are
owed by states and local governments, while some belong to public international
organisations and were classified as government debts.
So, there are more verifications
going on and undertaking at states and local governments which we have
discovered at the National Council on Power about a week ago. And this is
important so that government can demonstrate its support for the private sector
by paying its own debts so that the sector can do what they do well.
“Government has also approved that
this amount that has been quantified be set off against the amount owed by the
DISCOS to Nigerian Bulk Electricity Trader (NBET), a 100 per cent federal
government owned subsidiary company. They also owe government for their
unremitted collections for energy they have taken and have not remitted. They
are owing about N500 billion to government,” he said.
Meanwhile, the Presidency has begun
investigations into the embarrassing rejection of 72 tonnes of yams exported to
the United States in June.Despite the euphoria that greeted the historic export that was officially flagged
off by the Vice President, Yemi Osinbajo in Lagos, the yams were found to be rotten upon arrival
in the US.
Minister of Agriculture, Audu Ogbeh,
said: “We were mandated to brief you about development in the agric sector. One
of the developments about the consignment of yams which was exported from here
to the United States and which, according to the reports we have today, was
found to be of poor quality. The ministry will investigate because the Ministry is not an exporter, the exporters
are private people.
“We will be investigating both the
company that exported it and ask our quarantine department to check and find out why such a consignment left
here,”he said.
Ogbeh, also assured that the price
of rice in Nigeria will drastically fall within the next one month.
The minister said the government had
been concerned about the high cost of rice which he described as the most
consumed commodity in Nigeria. The trend, he added, resulted in the recent
meetings of both the rice growers and millers during which he said both parties
resolved to crash the price of price in the next four weeks.
According to him, both the rice
growers and millers had agreed that the price of paddy – raw and unprocessed rice in the farm – would be
reduced to a cost that will be easily affordable by rice millers who will in turn
sell the milled rice at a competitive price that will be within the reach of
average consumers.
He said given this development, the
price of locally consumed rice would become as low as that of imported or
smuggled rice. This development is expected to make rice import or smuggling
henceforth unattractive.
He said: “The second is that in the
last two days, rice growers and millers have been meeting. We are very
concerned about the price of rice which is the most consumed commodity in
Nigeria. The two have agreed to the plans we have been pursuing to arrive at a
certain price which makes the price of paddy stabilize at a point where the
milers can take the rice, mill it and put it in the market at competitive
prices almost as low in price as the foreign rice including the smuggled ones
is going for. That means that in the next one month, the price of rice will
become reasonable and the cost of rice would have reduced substantially.”
Ogbeh also said a bill meant to
repeal Export Prohibition Act which prohibits the export of some locally
produced items such as yam, rice, among others, to enable the country export
such products and grow the economy is already before the National Assembly.
https://www.nigeriatoday.ng/2017/10/fec-approves-n26bn-to-pay-off-mdas-debts-to-discos/
Rice will
to sell for N6,000 per bag – Farmers assure
October 4, 2017
By
Rice farmers, millers and
processors on Wednesday declared that the price of a 50kg bag of rice will
crash to as low as N6,000 in no distant time.
According to them, going by the
bumper wet season harvest by rice farmers, the current market price of rice,
which is about N18,000 per 50kg bag, will fall to between N6,000 and N7,000.
Speaking on the sidelines of a
meeting between rice farmers/processors and the Minister of Agriculture and
Rural Development, Chief Audu Ogbeh, at the ministry’s headquarters, in Abuja,
the National President, Rice Farmers Association of Nigeria, Mr. Aminu Goronyo,
told newsmen that operators had resolved to currently reduce price of rice to
N13,000 per 50kg, but stressed that the price would further drop to N6,000 in a
few months.
He said, “This is just the
beginning, the actual price of rice will come down because we are expecting a
bumper harvest this year. We have sat down with the millers and have agreed
that we are going to work together for the interest of Nigerians. I think you
have been buying a bag of rice at the cost of N18,000, but today the price is
between N13,000 to N15,000, meaning that the price is coming down.”
On whether the price would crash
further to about N7,000 per 50kg bag, as was the case some years back, Goronyo
replied, “Of course! Not even N7,000, it will crash to N6,000. Just give us
some time; in fact, in the next few months and it will be for 50kg
Nagpur Foodgrain Prices Open- October 4, 2017
Reuters | Oct 4, 2017, 14:00 IST
Nagpur Foodgrain Prices - APMC/Open Market-October 4
Nagpur, Oct 4 (Reuters) - Gram prices moved down in Nagpur Agriculture Produce and Marketing Committee (APMC)
here on poor demand from local millers amid good supply from producing regions.
Easy condition on NCDEX and downward trend in Madhya Pradesh gram prices also affected
sentiment. About 400 of gram bags were available for auctions, according to
sources. FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open
market here but demand was poor. TUAR * Tuar gavarani and tuar Karnataka reported weak in open market here in
absence of buyers. * Rice varieties reported down in open market on poor buying
support from local traders amid good supply from producing regions. * In Akola,
Tuar New - 4,100-4,175, Tuar dal (clean) - 5,800-6,200, Udid Mogar (clean)
- 7,500-8,200, Moong Mogar (clean) 6,600-7,000, Gram - 5,500-5,625, Gram Super
best - 7,800-8,300 * Wheat and other foodgrain items moved in a narrow range in
scattered deals and settled at last levels in limited deals. Nagpur
foodgrains APMCauction/open-market prices in rupees for 100 kg
FOODGRAINS Available prices Previous close Gram Auction 4,400-5,170 4,450-5,340
Gram Pink Auction n.a. 2,100-2,600 Tuar Auction n.a.
3,500-3,970 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 1,590-1,675 1,580-1,685 Gram Super Best Bold 8,000-8,500 8,000-8,500
Gram Super Best n.a. n.a. Gram Medium Best 7,200-7,600 7,200-7,600 Gram Dal
Medium n.a. n.a Gram Mill Quality 5,700-5,800 5,700-5,800 Desi gram Raw
5,500-5,800 5,500-5,800 Gram Kabuli 12,500-13,200
12,500-13,200 Tuar Fataka Best-New 6,100-6,400 6,100-6,400 Tuar Fataka Medium-New 5,800-6,000 5,800-6,000 Tuar
Dal Best Phod-New 5,700-6,000 5,700-6,000 Tuar Dal Medium phod-New 5,200-5,400
5,200-5,400 Tuar Gavarani New 3,850-3,950 3,900-4,000 Tuar Karnataka
4,250-4,550 4,300-4,600 Masoor dal best 5,200-5,400 5,200-5,400 Masoor dal
medium 4,800-5,000 4,800-5,000 Masoor n.a. n.a. Moong Mogar bold (New)
6,800-7,500 6,800-7,500 Moong Mogar Medium 6,200-6,600 6,200-6,600 Moong dal Chilka 5,500-6,200 5,500-6,200 Moong Mill
quality n.a. n.a. Moong Chamki best 7,000-7,500 7,000-7,500 Udid Mogar best
(100 INR/KG) (New) 7,900-8,500 7,900-8,500 Udid Mogar Medium (100 INR/KG)
5,800-6,700 5,800-6,700 Udid Dal Black (100 INR/KG) 5,200-6,300 5,200-6,300
Batri dal (100 INR/KG) 5,000-5,500 5,000-5,500 Lakhodi dal (100 INR/kg)
2,750-2,950 2,750-2,950 Watana Dal (100 INR/KG) 2,900-3,000 2,900-3,000
Watana Green Best (100 INR/KG) 3,800-4,400 3,800-4,400
Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000 Wheat Mill quality (100 INR/KG)
1,700-1,850 1,700-1,850 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) 3,100-3,600
3,100-3,600 MP Sharbati Medium (100 INR/KG) 2,200-2,700 2,200-2,700 Rice BPT
best (100 INR/KG) 3,000-3,400 3,100-3,400 Rice BPT medium (100 INR/KG)
2,700-2,900 2,800-3,100 Rice Luchai (100 INR/KG) 2,200-2,400 2,400-2,600 Rice
Swarna best (100 INR/KG) 2,500-2,600 2,500-2,600 Rice Swarna medium (100
INR/KG) 2,300-2,400 2,300-2,400 Rice HMT best
(100 INR/KG) 3,650-4,050 3,700-4,100 Rice HMT medium (100 INR/KG) 3,300-3,600
3,400-3,700 Rice Shriram best(100 INR/KG) 4,600-4,800 4,800-5,000 Rice Shriram
med (100 INR/KG) 4,200-4,400 4,400-4,600 Rice Basmati best (100 INR/KG)
9,500-13,500 9,500-13,500 Rice Basmati Medium (100 INR/KG) 5,000-7,500
5,000-7,500 Rice Chinnor best 100 INR/KG) 4,500-4,900 4,800-5,200 Rice Chinnor
medium (100 INR/KG) 4,200-4,400 4,500-4,700 Jowar Gavarani (100 INR/KG)
2,000-2,100 2,000-2,100 Jowar CH-5 (100 INR/KG) 1,700-2,000 1,700-2,000 WEATHER
(NAGPUR) Maximum temp. 34.2 degree Celsius, minimum temp. 20.1 degree Celsius
Rainfall : Nil FORECAST: Partly cloudy sky. Maximum and minimum temperature
would be around and 34 and 20 degree Celsius respectively. Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices)
https://timesofindia.indiatimes.com/business/india-business/nagpur-foodgrain-prices-open-october-4-2017/articleshow/60937427.cms
Rice Webinar: Thursday, October 5
Tune in Thursday, October 5, at 3:00 p.m. Central Time, for a new rice webinar hosted by Dr. Bobby Coats, with the Department of Agricultural Economics and Agribusiness at the University of Arkansas. Titled "The Agricultural Policy and Market Outlook: What Now?" the webinar features Patrick Westhoff, director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri - Columbia, who will report on the latest FAPRI market projections and discuss factors that will drive markets in the months and years ahead.
Go here to register for the webinar.
National Rice Month Scholarship Contest - Flex Your Creative
Muscles!
ARLINGTON, VA -- To enter the annual
National Rice Month (NRM) Scholarship contest
high school graduating students who live in rice-growing states -- Arkansas, California, Louisiana, Mississippi, Missouri, and Texas -- are asked to use visual storytelling to promote U.S.-grown rice by producing a three-minute video.
Last year's grand prize winner, Heaven McKinley from Grand Prairie, Texas, was excited about the opportunity to flex her creative muscles and dive into a new topic. "I wanted to find something more interesting than the scholarships requiring only boring essays," McKinley says. "The video contest caught my eye because the open criteria provided freedom for my imagination and creative side to take over."
Three scholarship prizes, sponsored by Dow AgroSciences, totaling $8,500 will be awarded. The grand-prize winner will receive a $4,000 scholarship and a trip with a chaperone this December to the awards ceremony at the 2017 USA Rice Outlook Conference in San Antonio, Texas. The second-place winner will receive a $3,000 scholarship, and third-place $1,500.
Entries are due October 31.
For more information and to submit an entry, visit the NRM scholarship page.
high school graduating students who live in rice-growing states -- Arkansas, California, Louisiana, Mississippi, Missouri, and Texas -- are asked to use visual storytelling to promote U.S.-grown rice by producing a three-minute video.
Last year's grand prize winner, Heaven McKinley from Grand Prairie, Texas, was excited about the opportunity to flex her creative muscles and dive into a new topic. "I wanted to find something more interesting than the scholarships requiring only boring essays," McKinley says. "The video contest caught my eye because the open criteria provided freedom for my imagination and creative side to take over."
Three scholarship prizes, sponsored by Dow AgroSciences, totaling $8,500 will be awarded. The grand-prize winner will receive a $4,000 scholarship and a trip with a chaperone this December to the awards ceremony at the 2017 USA Rice Outlook Conference in San Antonio, Texas. The second-place winner will receive a $3,000 scholarship, and third-place $1,500.
Entries are due October 31.
For more information and to submit an entry, visit the NRM scholarship page.
Can
Tho exports rice to Iran for the first time
Vietnam’s rice exports to foreign markets are expected to
continue to rise.
NDO – The southern
Mekong Delta city of Can Tho and its Iranian partner have reached a deal to
export 100,000 tonnes of Can Tho rice to the Middle Eastern country.The
information was announced by Deputy Director of Can Tho Department of Industry
and Trade Huynh Trung Tru at a meeting to discuss the condition of local
exports-imports, on October 4.
According to Tru, in August, an Iranian partner arrived in
Can Tho in order to sign a deal with a local rice trader to export
approximately 100,000 tonnes of Can Tho rice to Iran by the end of this year.
This is the first time that Can Tho rice has reached this market.
He predicted that with the current trend, the demand for
rice imports in several markets, such as Bangladesh, the Philippines and Iran
will continue to increase sharply, while demand remains very high in other
markets, such as China and Singapore.
Since the beginning this year, rice exports have witnessed
optimistic results and forecasts until the end of the year also suggest
positive progress for the key product. Specifically, for the Bangladesh market,
the South Asian country needs to import around 500,000 tonnes. In this month
alone, they have requested 250,000-300,000 tonnes of rice and Can Tho
businesses may submit their bids to the Vietnam Food Association (VFA) for this
volume, Tru said.
If rice exports to Iran gain favourable results, with a stable
quality of rice, a long term deal could be reached next year, bringing about
great advantages for the local construction of raw materials and improving the
standard of living for farmers, Tru added.
In the first nine months of 2017, the total rice export
volume in the locality reached over 638,000 tonnes, an increase of 22% over the
same period last year, generating a turnover of US$262 million, up by almost
20%.
According to a VFA report, as of the end of August, the
total contracted rice exports reached over 5.1 million tonnes, of which nearly
3.9 million tonnes have already been delivered to their partners.
With the positive export contracts as mentioned above, VFA
forecasts that the country's rice exports will reach approximately 5.6 million
tonnes for the whole year, of which the total exported volume in the last
quarter would reach 1.8 million tonnes.
Regarding the Can Tho export-import situation, the city’s
Department of Industry and Trade stated that turnover in the first nine months
reached over US$1 billion, making up 75.8% of the set plan for the whole year
and up 16.9% compared with the same period last year.
During the period, the export of goods and services in Can
Tho reached nearly US$1.3 billion, accounting for 76.4% of the year plan and up
16.3% annually.
http://en.nhandan.org.vn/business/item/5548602-can-tho-exports-rice-to-iran-for-the-first-time.html
Nigeria: Govt Investigates Export of Poor Quality Yam to U.S.
By Isiaka Wakili
The Federal Executive Council on Wednesday resolved to
investigate a company that exported a consignment of yams found to be of poor
quality to the United States of America.
The Minister of Agriculture and Rural Development, Audu Ogbeh,
stated this while briefing State House reporters on the outcome of the council
meeting chaired by President Muhammadu Buhari.
Ogbeh, who did not name the company, said the ministry's
quarantine department would also be asked to check and find out why such a
consignment left Nigeria.
"One of the developments we were mandated to brief you on
is about the consignment of yams which was exported from here to the United
States and which according to the reports we have today, was found to be of
poor quality.
"The ministry will investigate because the ministry is not
an exporter. The exporters are private people. We will investigate the company
that exported it and ask our quarantine department to check and find out why
such a consignment left here," he said.
Also, the minister said the government was concerned about the
high cost of rice which, he noted was the most consumed commodity in the
country.
Ogbeh assured that by November, the
price of rice would be substantially reduced.
He said: "Rice growers in Nigeria
and rice millers have been meeting. We're very concerned about the price of
rice which is the most consumed commodity in Nigeria today.
"The two have agreed to a plan
which we'll be pursuing to arrive at a certain price which makes the price of
paddy (the raw rice on the farm) stabilised at a point which makes the millers
to take the paddy and mill it and put it in the market almost at very
competitive prices almost as low as what the price of foreign rice, smuggled
rice is sold for.
"This means in the next one month,
since the harvest of rice has begun in earnest, the price of rice will become
reasonable and cost of rice would have reduced substantially. We shall continue
to pursue that. The ministry is also equipping farmers to make rice harvest
easier so that the cost of rice harvest will substantially reduce."
http://allafrica.com/stories/201710050033.html
200,000
farmers from 29 states benefit from CBN’s N43.92 billion programme –
Spokesperson
Farmers [Photo Credit: The Guardian Nigeria]
The Central Bank of Nigeria, CBN,
says it has so far disbursed N43.92 billion to local farmers through the Anchor
Borrowers Programme, an agricultural intervention programme of CBN.The acting
Director of Corporate Communication of CBN, Isaac Okorafor, disclosed this at
CBN Special Day at the 12th Abuja International Trade Fair in Abuja on
Wednesday.
CBN, in line with its mandate
established the Anchor Borrowers’ Programme, ABP.
The programme, launched by
President Muhammadu Buhari on November 17, 2015, was intended to create linkage
between anchor companies involved in the processing and small holder farmers of
the required key agricultural commodities.
The programme thrust of the ABP
is provision of farm inputs, in kind and cash, for farm labour to small holder
farmers to boost production of rice, wheat and maize.
Others are; cotton, soya beans,
poultry, cassava and groundnuts in addition to fish farming.
The programme is also meant to stabilise inputs supply to
agro-processors and address the country’s negative balance of payments on food.At
harvest, the small holder farmer supplies his or her produce to the
Agro-processor, who pays the cash equivalent to the farmer’s account.
Mr. Okorafor said that the programme was done in association
with 13 participating financial institutions with over 200,000 small holder
farmers from 29 states.
He said also that through the ABP, 233,000 hectares of farmland
were currently being cultivated with eight commodities, such rice, rice, wheat
and maize among others.
“We cannot let our farmers go hungry while we enrich farmers
from other countries.
“This is why we said for some certain items which are 41 in
number, if you want to import them go and look for your own foreign exchange.
“As a complimentary measure, we put in place the Anchor
Borrowers Programme for agriculture to make farmers rise, fill the space and
gap created by the non-importation of those items.
“The programme has given us over two million tonnes of rice when
our national demand is at about six million tonnes.
‘’This has taken our national output to about four million
tonnes in the first year.
“We are very hopeful that we will further add at least another
two million tonnes of rice this year that will take us up to six million
tonnes.
“We are envisaging that by this time next year, Nigeria should
be self-sufficient in rice production,” he said.
Mr. Okorafor said that to further position the economy on the
path of sufficiency through non-oil exports and conserve foreign exchange, the
apex bank had 17 intervention programmes running.
The intervention programmes he said were; the Agricultural
Credit Guarantee Scheme fund, N200 billion Commercial Agricultural Credit
Scheme, N200 billion SME Restructuring and Refinancing Facility, the N300
billion power and airline intervention fund.Others, according to him, are the
Youth Entrepreneurship Development Programme, Nigeria Electricity Market
Stabilisation Facility, Export Re-discounting and Re-financing Facility, Export
Stimulation Facility and Paddy Aggregation Scheme among others.
Mr. Okorafor reiterated the bank’s commitment to continually
reel out proactive policies and schemes to ensure that the Nigerian economy
remains strong and sufficient, through non-oil exports.He also urged members of
the public to come forward with their complaints if they felt short-changed by
their banks.
Mr. Okoroafor said that in the last three years, the Consumer
Protection Department of CBN had helped to get back about N50 billion of bank
customers monies, who complained of excess or illegal charges by their banks.
Also at the occasion, the Second Deputy President, Abuja Chamber
of Commerce and Industry (ABUCCIMA), Al-Mujtaba Abubakar, urged the CBN to
reconsider some of its policy stands, adding that they negatively impacted on
small businesses.“While we commend the CBN for its roles in getting our economy
out of recession, we want to emphasise that the subsisting high lending rate is
stifling production and productivity of the real sector.
“The Micro Small and Medium Enterprises have been on the
receiving end of this.“We, therefore, urge the CBN to reconsider its policy
stand in this regard,” Mr. Abubakar said.
(NAN)
https://www.premiumtimesng.com/news/more-news/245076-200000-farmers-29-states-benefit-cbns-n43-92-billion-programme-spokesperson.html
Government set to launch market operation on medium quality rice
Jakarta (ANTARA News) - The government has prepared
to launch market operation on medium quality rice following the declining
supply of the commodity, especially in Cipinang Wholesale Rice Market.
The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.
"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.
According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.
"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.
Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.
Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.
Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice.
The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.
"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.
Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.
Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.
"Definition for medium and premium quality rice is different from the previous ones. Previously, premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.
The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.
However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*)
The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.
"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.
According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.
"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.
Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.
Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.
Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice.
The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.
"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.
Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.
Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.
"Definition for medium and premium quality rice is different from the previous ones. Previously, premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.
The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.
However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*)
http://www.antaranews.com/en/news/112925/government-set-to-launch-market-operation-on-medium-quality-rice
Nigerians to buy 50kg
bag of rice N6, 000 soon
RIFAN ON OCTOBER 4
By Gabriel Ewepu ABUJA
RICE Farmers Association of Nigeria, RIFAN, have assured that
Nigerians will buy 50 kilogrammes bag of rice at N6, 000 in the next few months.
This was disclosed by the National President of RIFAN, Aminu Goronyo, while
answering questions from newsmen after a meeting held with the Minister of
Agriculture and Rural Development, Chief Audu Ogbeh, and the National Rice
Millers Association of Nigeria, NRMAN, on Wednesday. Lake rice Goronyo stated
this on the heels of agreement reached between RIFAN and NRMAN on reduction of
price on paddy from N150, 000 to N110, 000 per tonne. Currently, the market
price of 50kg bag of rice sells for N16, 000, with the move by the two
associations the price per 50kg bag of rice will crash from N16,000 to N13,500
per bag.
He said: “Is just the beginning, the real price will even come down
because we are expecting a bumper harvest this year and we have sat down with the
Millers that will work for the interest of Nigerians. “We are working hard to
see that the price of a 50kg bag of rice comes down to N6, 000 and it will be
in the next few months.” However, he said the challenge in the rice value chain
has been the high cost of production and expressed concern over persistent
smuggling activities threatening farmers’ commitment to scaling up production.,
which he expressed optimism that the government would soon intervene. “Our
major challenge is the cost of production and the Minister has promised to
bring down the cost of production to the barest minimum.
” Also speaking was the National Chairman of NRMAN, Abubakar
Mohammed, said with the agreement reached their decision became imperative
necessary due to high prices of local rice, which consumers were no more
comfortable with, and now farmers and millers also have become worrisome. He
said: “We have agreed with the farmers on a N13,500 and N13, 000 per bag
depending on where you are in the country, we are not making requests, but we
have come here to inform the Minister that our agreement with the farmers on
the price of paddy, “And this is what we have with the farmers’ association and
let the minister know that we agreed on a price of paddy for this year 2017 and
2019 wet season farming. N110, 000 at the farm per tonne, which N13, 000 to
N13, 500 will be for a bag. “Before we were buying paddy up to N150, 000 per
tonne of paddy, and we were selling our paddy for N16, 000 per bag of 50
kilogrammes.
“We want to sell a bag of rice N13, 000 to N13, 500 per bag
according to where you are in the country and the paddy cost will be N110, 000
per bag. We have the MoU on that and we start it will be fine for everybody.
The government and farmers work with us the processors.” Meanwhile, in his
remarks, the Minister said if the price of rice crashes to N13,500, the
smugglers’ margin will reduce drastically.
He said the government will continue to procure farm machines to
assist the rice farmers to ease the stress of rice production, and consequently
further crash the prices of rice in the market. “The biggest enemy of the
Nigerian rice farmers and processors are the smugglers, if the price of rice
falls to N13,500, smugglers margin becomes too small and we hope that the
measures we are going to take can end smuggling of rice and many other things.
“I assure you government will continue to procure and support rice farmers so
that you can keep to the price you have agreed of a N110,000”, he said.
Uttarakhand: PDS scam worth 600 cr leads to
dismissal of regional food controller
OCTOBER 2017 Last Updated at 5:12
AM
Dehradun (Uttarakhand) [India],
October 5 : A scam worth Rs.600 crore was detected in the public distribution
system of Uttarakhand by the special investigation team (SIT), which led to the
dismissal of the regional food controller in Kumaon division of the state.
According to a release,
preliminary investigations by the SIT, headed by Udhamsingh Nagar District
Magistrate Niraj Khairwal, revealed large-scale financial irregularities and
other anomalies at public distribution system (PDS) godowns located in Kumaon
region.
This led to the issuance of
dismissal order of Vishnu Singh Dhanik (regional food controller) late on
Monday night.Dhanik was given two extensions by the previous Harish Rawat-led
Congress government in the state.
Anomalies worth over Rs 600 crore
were detected during a documentary verification that was conducted at the PDS
godowns in Rudrapur, Kashipur and Bajpur by the SIT.Workers, representatives of
farmers and representatives of rice-millers were also investigated.
The investigation was carried out
on the basis of five points:
Firstly, on the involvement of
Government officers' and workers' in the distribution of rice bought from the
rice-millers.
Secondly, whether different rules
and regulations were followed regarding the involvement of officers and
workers' in the distribution of rice.
Thirdly, the conditions of the
police's involvement in the process.Fourthly, whether details of harm done to
the government's reputation and details of the officers and workers' held
accountable.
Lastly, suggestions so that
nothing of this sort happens in the future.The Principal secretary and
commissioner Food and Civil Supplies has been asked to take stern action
against all other officials and employees involved in the scam, which took
place over the last two years.
Chief Minister Trivendra Singh
Rawat warned that the people found guilty will not be spared, irrespective of
the political parties they belong to. He also stated that an FIR will be filed
against those leaders if needed.
After receiving a number of
complaints about the beneficiaries either not getting subsidised food grains or
being served poor quality of grains under the PDS arrangement, Chief Minister
Trivendra Singh Rawat had constituted the SIT on August 2
Special
licence for rice, wheat traders
October 04, 2017 21:08:23
The food ministry has moved to
tighten the spanner. It has made obtaining of a licence from the directorate of
food by importers, millers, dealers, wholesalers and retailers of rice and
wheat compulsory by this month. That the recent sudden rise in prices of all
varieties of rice has prompted the food ministry to exercise its control on
unscrupulous rice and wheat traders is quite clear. The authorities launched a
drive against hoarders with the same purpose in mind. No business can be run
without trade licences. This one from the directorate of food, if used with the
express aim and intention, will be on top of that. Licence is a kind of
registration that will help keep a tab on the traders, particularly the large
ones. This will give the authorities a handle to put a leash on traders trying
to play foul.
So far so good. But like many other
well-intentioned move, this can as well leave scope for abuse. Particularly
unacceptable is the deadline for obtaining licences. If retailers of rice and
wheat all over the country are required to procure licences, it will be an
uphill task both for the issuing authority and the intended obtainers. Should
small retail traders obtain such licences at all? Actually, such retailers
cannot manipulate the market for price rise. It is the big fish responsible for
hoarding tens of thousands of tonnes of rice or wheat who need to be brought
under the scanner. The millers are in an advantageous position to dictate terms
because they procure paddy when the cereal is priced at the lowest and they
hoard it for the future to call the shot.
The ministry is yet to issue the
notification for obtaining licences. The probable date for issuance of the
notification is October 10. This means there will remain only 20 days for
procurement of licences. Is this feasible? The rush for licences is expected to
be particularly heavy. There is a chance of abusing the situation by taking
full advantage of the rush. It would be advisable to give a reasonable time for
procurement of licence. Undue haste may end up producing results contrary to
what is intended. If monitoring is the purpose, let it be done dispassionately
and with a sense of purpose. First, it would be rational to direct the millers
and big rice traders to comply with the order within a month or so and then
gradually make it mandatory for the mid-level and others to follow suit.
The authorities deserve appreciation
for exercising at least some sway over the big shots in the food business but
its benefits are yet to reach the consumer level significantly. It should not
be forgotten that it has been the record rice prices this time and just
bringing down prices by Tk 2.0 or 3.0 is not enough. One thing is sure that
rice price has not registered any rise in the international market. So, there
is no valid reason for this outrageous rise in rice price in the domestic
market. The government move looks good but the issue has to be handled
carefully.
http://thefinancialexpress.com.bd/editorial/special-licence-for-rice-wheat-traders-1507129703
FEC okays N30b to settle MDAs light bill
October 4, 2017
THE Federal Executive Council (FEC)
has approved the payment of N39.9billion debt owed to Distribution Companies
(Discos) from power consumed by Ministries, Department and Agencies (MDAs) out
of N67.4billion claims.This was one of the outcomes of the council meeting
presided over by President Muhammadu Buhari on Wednesday at the presidential
villa, Abuja.
Briefing State House correspondents
on the meeting, Minister of Power, Works and Housing, Babatunde Fashola, said
the approval followed a memo he presented for the council’s consideration on
verified debts on power supplied to the MDAs.According to him, since the
beginning of the present administration, claims of debts by the government to
Discos have been a matter of concern especially in the light of liquidity
issues.
He said the government had committed
that those figures would be verified and pay the verified sums.
He added: “We Have concluded the
verification and we now ask Council to approve the verified sum of
N25.994billion owed by MDAs of the federal government to be paid to the Discos
out of the claims of N67.41billion.“So, there is a differential of about
N41billion. That differential arises first because some of the claims do not
belong to the federal government.“Some are owned by states and local
governments. Also, some belong to public international organizations and were
classified as government debts.
“So, there is more verifications
going on and undertaking at states and local governments which we have
discovered at the National Council on Power about a week ago.“And this is
important so that government can demonstrate its support for the private sector
by paying its own debts so that the sector can do what they do well.”Fashola
said the government has also approved that the amount that has been quantified
be set off against the amount owed by the Discos to Nigerian Bulk Electricity
Trader (NBET), a 100% federal government owned subsidiary company.
He explained: “They also owe the
government for their unremitted collections for the energy they have taken and
have not remitted.
“They are owing about N500billion to
the government.”The minister maintained that the payment of the debt was only a
part of power sector recovery programme which includes “the collective set of
policies, programmes and actions to fill the gaps and omissions in the
privatisation processes instead of cancelling it.”
He assured that the sector could be
re-engineered back to work, saying: “The power sector recovery programme
includes payment of debt, proper governance, proper regulation. This is one of
the many components.”Also, briefing, Minister of Agriculture, Audu Ogbe,
revealed that the first consignment of yams recently exported to the United
States under the government’s programme to encourage exports was found to be of
poor quality.
He said the government has now
launched an investigation into the affair to determine what happened.Ogbeh
said: “We were mandated to brief you about development in the Agric sector. One
of the developments about the consignment of yams which was exported from here
to the United States and which according to the reports we have today was found
to be of poor quality.
“The ministry will investigate
because the Ministry is not an exporter the exporters are private people.“We
will be investigating both the company that exported it and ask our quarantine
department to check and find out why such a consignment left here.”On the
efforts to reduce the cost of locally produced rice, Ogbe said rice growers and
millers have agreed to government’s plans to lower the cost substantially which
should soon manifest.
The minister stated: “We are very
concerned about the price of rice which is the most consumed commodity in
Nigeria.“The two have agreed to the plans we have been pursuing to arrive at a
certain price which makes the price of paddy stabilize at a point where the
milers can take the rice, mill it and put it on the market at competitive
prices almost as low in price as the foreign rice including the smuggled ones
is going for.“That means that in the next one month, the price of rice will
become reasonable and the cost of rice would have reduced substantially.
Chinese
hybrid rice experts visit over 100 rice farms
APP
ISLAMABAD - A group of Chinese hybrid-rice
researchers and experts along with local scientists under 'Travelling Rice
Seminar' initiative had visited more than 100 rice fields and farms across the
crop growing areas of the country.They had also visited different research
stations, agriculture universities and seed outlets of different companies to exploit
the cultivation of hybrid rice in all four provinces of the country. The
seminar was designed by Pakistan Agriculture Research Council (PARC) and
Chinese Yuan Longping High-tech Agriculture Company, said Programme Coordinator
and Member Plant Science of PARC Dr Anjum Ali.
Talking to APP, he said that the experts had
travelled in all the four ecological zones of the country including Khyber
Pakhtunkhawa, Punjab, Sindh and Balochistan in order to create awareness among
growers about the cultivation of hybrid rice. This was a month long activity in
which a group of hybrid rice researchers from China comprising on 12 scientists
also trained the local scientists, seed producers and field extension
departments of the provincial governments, he added.
He said that the main aim of this joint
initiative was to enhance per acre crop productivity, increase profitability
and produce surplus commodity for exports enhancement. In order to further
enhance the local rice output Pakistan and China have decided to work together
for conducting joint awareness programmes to adopt hybrid rice seeds, he added.
He informed that the Chinese scientists had
trained 30 Pakistani agriculture scientists, selected from all the four
provinces. Besides, he said that they will also impart training to the members
of the provincial field extension departments on hybrid rice cultivation. In
addition, he said that the activity will also help in capacity building of the
local experts from all over the country in order to promote the hybrid rice
techniques.
They had also organised road-shows and field
visits across the rice-growing areas to address the issues and challenges in
promotion of hybrid rice seed, he added. He further informed that the a
revolutionary hybrid rice seed was recently developed by the Chinese
researchers, which would help Pakistani farmers to enhance significantly their
per acre yield.
The new developed rice seed variety would help
to produce extra surplus, hence the country would be able to export more rice
for exporting it to other countries, he added
http://nation.com.pk/business/03-Oct-2017/chinese-hybrid-rice-experts-visit-over-100-rice-farms
Rice to sell at N6,000 per bag soon –Farmers
October 4, 2017
In what many may regard as good
news, the Rice Farmers Association of Nigeria (RIFAN) have said that rice, a
popularly staple food in Nigeria, will sell at N6,000 per 50kg bag within the
next few months.
National President of RIFAN, Aminu
Goronyo said during a meeting with Rice Processors Association of Nigeria
(RIPAN) and the Minister of Agriculture and Rural Development, Audu Ogbeh, in
Abuja on Wednesday, that it is imperative for the association, which is
comprised of farmers, to reduce the price of locally produced rice from N18,000
per 50kg bag, to N6,000 in the months to come
Goronyo said although RIFAN and
RIPAN had agreed to fix the current price of 50 kg bag of rice at between N13,
000 and N13, 500, it is certain that the price would further crash to N6, 000
within the next few months if there was bumper harvests and low cost of
production, and if the Federal Government fulfills it’s pledge to support rice
farmers.
“This is just the beginning. The
actual price will still come down because we are expecting a bumper harvest
this year; we have sat down with the millers and agreed that we will work
together for the interest of Nigerians.
“At one time, people were buying a bag of rice
at the cost of N18, 000 but they are now buying it at between N13,000 and
N15,000. The price is coming down.
“In the next few months, God
willing, the price of a 50kg bag of rice will come down to N6, 000. It is
achievable, it will be a reality,’’ he said.
Meanwhile, the Chairman, Rice
Processors Association of Nigeria (RIPAN), Mohammed Abubakar, also said that
the associations had signed a Memorandum of Understanding (MoU) to slash the
prices of both paddy and processed rice.“We have agreed at N110, 000 per tonne
of paddy. In the market, rice will come around N13, 000 to N13, 500 per 50kg
bag.“Before now, we were buying paddy at N140, 000 and N150, 000 per tonne and
we are selling our rice at N16,000 per 50kg bag.
“If this MoU works, we hope to
sell a bag of rice at N13, 000 to N13, 500, depending on where you are in the
country,’’ Mr. Abubakar said.Speaking during the meeting, Mr. Ogbeh commended
the associations for their decision to slash the price of locally produced
rice.The minister noted that the biggest challenge facing rice farmers in the
country was smuggling, and that the move would aid efforts to stamp out rice
smuggling into the country.
“Let me express the appreciation
of President Muhammadu Buhari and the Vice-President, Prof. Yemi Osinbajo, to
both farmers and millers because nobody can calculate what you have done to
rescue our country that was very close to disaster.
“What you have done is going to
save us from a lot of difficulties. What we want to promise you is that we will
help you ease the burden of rice farming.“Last year, we procured 80,000
threshers; this year, we will procure another 2,500 threshers and we are bringing
in small reapers for distribution to rice farmers.“The equipment will enable
them to cut the rice, thresh it, winnow it and put it in sacks; It will take
away all the stress which makes rice farming very difficult so that you can
keep to the price of N110, 000 per tonne of paddy that we agreed.
“If we are able to keep these
prices stable and we are able to contain smuggling, I hope you will keep us
informed when there are any challenges confronting you because no country can
claim to be strong if its citizens are hungry.“Let everybody know that the
price of rice for this Christmas will be good enough for us to eat rice,
chicken and fish.
“We just can’t afford hunger
here. The smuggler will be the beneficiary of any violation of the price
agreement you have reached,’’ Mr. Ogbeh added.Meanwhile, the Nigeria customs
service, area controller, Ogun area command, Waindu Multafu, said that, due to
the high level of rice smuggling, “There is no place in our warehouse to put
rice again.. Though, we are making efforts to dispose the ones we have in the
warehouse”.
“Rice has become a staple food.
It is the most smuggled item because of the financial benefits accruing to the
smugglers. “People smuggle rice to avoid payment of Customs duty”, Multafu said
https://www.ripplesnigeria.com/rice-sell-n6000-per-bag-soon-farmers/
Zim evaluates rice production
Business
Reporter
ZIMBABWE is evaluating the feasibility of commercial rice production with a Government delegation expected to go on a familiarisation mission to Egypt to acquaint itself with technology and viable methods of growing the cereal.
ZIMBABWE is evaluating the feasibility of commercial rice production with a Government delegation expected to go on a familiarisation mission to Egypt to acquaint itself with technology and viable methods of growing the cereal.
Deputy Minister of Agriculture, Mechanisation
and Irrigation Development (Cropping Production) Davis Marapira said he would
next month lead a team of experts from his ministry to familiarise with rice
production in one of Africa’s largest producer. Zimbabwe is a net importer
of rice and spends about $150 million annually to import the cereal. “We have
done our preliminary research, which have shown us that we can produce rice
using hybrid varieties without any problem. I will lead a team from the
ministry to Egypt to familiarise with their technology and understand how we
can do it here.New rice varieties needs a lot of water in the first two months
and we have sufficient water (to support rice production,” deputy minister
Marapira said.
With hybrid varieties, Egyptian farmers have
improved average rice production to almost 10 tonnes per hectare. Rice has become
a priority crop in Africa with many countries looking at expanding production
of the crop to achieve food self-sufficiency. At the fifth Presidential Youth
Interface Rally in Chinhoyi about two months ago, President Mugabe indicated
the country should seriously consider rice production.
http://www.herald.co.zw/zim-evaluates-rice-production/