Today Rice News Headlines...
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Ghost rice’ in Vietnam – Conclusion:
International orders for ‘ghost rice’
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Contract farming
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Food Pioneers: Abbott Partnership to Improve
Fortified Rice Profiled on BBC Horizons
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Two California growers in rice leadership program
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Thai rice policy to suit current economic
climate
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Rice stocks good for 91 days – PSA
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USDA Further Restricts Farm Program
Eligibility
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2015 USA Rice Outlook Conference Breaks
Record Exhibit Hall
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PH woes dampen global rice output
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APEDA Rice Commodity News
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CCC Announces Prevailing World Market Prices
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CME Group/Closing Rough Rice Futures
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Drought Takes Toll on
Cuba’s Rice Crop
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Arkansas Farm Bureau Daily
Commodity Report
News Detail...
Ghost rice’ in Vietnam
– Conclusion: International orders for ‘ghost rice’
TUOI TRE NEWS
UPDATED : 12/16/2015 10:24 GMT + 7
Scientists have received orders from large
global markets to create multiple nutritious rice strains fathered by ‘ghost
rice.’It is a tough mission both in terms of science and reality. Currently
there are around 20 scientists specializing in ‘ghost rice,’ mainly from Japan,
China, and Vietnam.When the biological ‘secrets’ of ghost rice remained
‘uncoded,’ the number of researchers decreased due to age. In addition, they
were also busy preserving the source of the ‘ghost rice’ gene that was
decreasing in the wild.
The rice species of the future are the ones
that will inherit the ability to survive and resist disease with ‘ghost rice’
as ‘father’ combined with the fragrance and nutrition from other species as
‘mother.’However no one has ever cross-bred to meet the demand.“American people
prefer rice with grains of average size and high nutrition,” said Doctor Nguyen
Thi Lang from the Mekong Delta Rice Institute in Vietnam.“People in the Middle
East favor fragrant rice with a long grain.“The responsibility of scientists is
to cross-breed different species of rice to meet different demands of
consumers.“If we can meet their demand, they will import our grains at a higher
price.”
The U.S. has ordered scientists to cross-breed
their local ‘ghost rice’ as ‘father’ with other rice species as ‘mother’ to
create very highly nutritious rice for the production of supplementary
medicine.As people become more affluent, they need to not only feel full but
also nutritious, Dr. Lang commented.“We began studying at the request of the
U.S. but have not found one breed to meet the standards demanded by the U.S.
market,” Dr. Lang explained.“They require rice that contains a low amount of
phytic acid.“A high amount of phytic acid will decompose protein in food. This
means that the nutritional value of the rice is not well absorbed.“It is easy
to understand why they ask for rice with a low content of phytic acid.
”She said she and her staff have cross-bred
hundreds of combinations but none of them meet this requirement.Besides
cross-breeding new rice varieties, scientists are concerned with
preserving ‘ghost rice’ in nature.Doctor Duong Van Ni, an expert in
biodiversity from Can Tho University, said multiple countries have started
collecting samples of rice, corn, beans and other cereals from around the world
since the 1960s to preserve the gene pool for cross-breeding later.But storing in
laboratories over a long period of time causes degradation. The best way of
preservation is to keep species in their local environment, Dr. Ni said.
http://tuoitrenews.vn/features/32244/ghost-rice-in-vietnam-p4-international-orders-for-ghost-rice
Contract farming
Monika Singh
Wednesday, December 16, 2015
IN its bid to fulfil its 2020 rice self-sufficiency mission,
Grace Road Group has launched contract farming with local farmers last week.As
part of the initiative, the Grace Road Group will provide all the materials
needed for mechanised and organic rice farming, which includes seeds,
machinery, organic fertiliser made from earthworm casting or other organic
materials, and natural vermin repellent.Grace Road Group president Daniel Kim
said the cost of those materials would be deducted every time the contract
farmer sold his rice to Grace Road Group and, in the case of the tractor, the
machine will be owned by the contract farmer once the cost was repaid.Mr Kim
said the contract had a provision for education and site monitoring needed for
the farmer to make sure there were no problems for farming.
Mr Kim said continual contact would be kept between Grace Road
Group and the contract farmer to resolve the problems that may arise and the
contract was for a minimum of five years."The biggest reason Fiji imports
not only rice, but most food commodities was there was no market that could
motivate Fijians to start farming."To resolve this issue, we plan to
finish the construction of the rice processing complex (RPC) that can process
6000 tonnes of rice in a year. RPC will commence its full-scale operation next
year in February," said Mr Kim.He said mechanised farming was the
direction that Fiji should be headed in and that was why the group imported
machinery and implements that were suited for Fiji's land.
"And today, we have made our first distribution of the
machinery with the local Fijian farmer for contract farming. Fiji's rice
self-sufficiency cannot be accomplished just by Grace Road Group and some
government departments. We absolutely need the support of Fijian
farmers."Mr Kim said contract farming was their first attempt and there
were ups and downs expected, but the group was confident of the project being
successful."We want to announce that this contract farming is not for a
select few, but it is open to anyone who wants to farm rice in the Navua
region. Starting with Navua, we will expand this contract to the entire region
of Fiji such as Rewa.
We will continue our challenge of mechanised, organic rice farming
to fulfil our mission of 2020 rice self-sufficiency, and we will succeed,"
said Mr Kim.Navua farmer Vicky said he was grateful to the group for their
support and the opportunity."I have an available land, but there was
nothing that I could do with it. But Grace Road Group decided to provide
everything that I needed for farming and all I need to do is diligently farm in
my own land," he said."I have not received this kind of tremendous
help in my life and I could not believe that I was starting this contract."I
wish to express my gratitude to Grace Road Group for their full support and I
will succeed with mechanised organic rice farming on my piece of land."
http://www.fijitimes.com/story.aspx?id=334094
Food Pioneers: Abbott Partnership to
Improve Fortified Rice Profiled on BBC Horizons
BLOG
Wednesday, December 16, 2015 - 9:00am
Recently the global TV program BBC Horizons
profiled how Abbott nutrition scientists helped the international non-profit
organization PATH to improve fortified rice – which has the potential to help
more than 1 billion people worldwide.With $1.5 million in funding support from
the Abbott Fund, the partnership also has built local production capacity in
India, where fortified grains will be produced by local businesses and rice millers
– thus strengthening local distribution chains.
To find out more about this partnership, click
here. http://www.abbott.com/about-abbott/abbott-citizenship/upside-in-action/the-wonder-grain.html
http://3blmedia.com/News/F Abbott
#nutrition scientists help advance fortified rice – watch 'Food Pioneers' on
BBC Horizons http://3bl.me/zs3ctyood-Pioneers-Abbott-Partnership-Improve-Fortified-Rice-Profiled-BBC-Horizons#sthash.8DkKbw36.dpufhttp://3blmedia.com/News/Food-Pioneers-Abbott-Partnership-Improve-Fortified-Rice-Profiled-BBC-Horizons
Two California growers in rice leadership program
National program managed by the USA Rice Federation
Seven new members of the 2016/18 Rice Leadership Development
Program class were named during the annual Rice Awards Luncheon at the 2015 USA
Rice Outlook Conference. This year’s conference was held in New Orleans,
Louisiana.The USA Rice Outlook Conference is where the U.S. rice industry
meets, bringing together rice farmers, millers, merchants, and representatives
of allied businesses from all rice-producing states and beyond for information
and interaction, and featuring a trade show devoted to rice-related farm
equipment, technology, products and services.
The Rice Leadership Development Program gives young men and
women a comprehensive understanding of the U.S. rice industry, with an emphasis
on personal development and communication training. During a two-year period,
class members attend four one-week sessions that are designed to strengthen
their leadership skills.John Deere Company, RiceTec, Inc., and American
Commodity Company are sponsors of the Rice Leadership Development Program
through a grant to The Rice Foundation. The USA Rice Federation manages the
program.
Image:Standing from left, members
of the new Rice Leadership Development Program - Kristopher Riggs, Brandon
Truax, Allen McLain, Imran Khan, Sidney Robnett, Sunny Bottoms and Michael
Bosworth. Pictured standing far right is Chuck Wilson, Rice Foundation. Seated
are program sponsor representatives - Brian Ottis, RiceTex; Kevin Ripple, John
Deere; Chris Crutchfield, American Commodity Company; andTodd Burich, Rice
Foundation.
USA Rice
http://westernfarmpress.com/rice/two-california-growers-rice-leadership-program
Thai rice policy to
suit current economic climate
Wednesday, 16 December 2015By NNT
BANGKOK - The Ministry of Agriculture and
Cooperatives has indicated the need for Thailand to secure the sustainability
of rice supplies amid economic and climate changes. Agriculture and
Cooperatives Minister General Chatchai Sarikalya presided over the opening
ceremony of the Thai Rice Convention 2015 at Kasetsart University. In his speech, Gen Chatchai said Thailand’s
rice policy needs to adapt to the changing world, especially to the arrival of
ASEAN Economic Community and free trade agreements. He believed that the new
rice policy should be developed with rice farmers in mind, while also taking
into account the risks, strengths and weaknesses of Thai rice. The minister
added that rice farmers should reach more consumers by increasing their product
value through innovation.Gen Chatchai claimed that it is easy to improve Thai
rice to suit consumers’ needs, as there is a wide variety of grains grown
locally.
http://www.pattayamail.com/thailandnews/thai-rice-policy-to-suit-current-economic-climate-53888#sthash.QAlk4pML.dpuf
Rice stocks good for 91 days – PSA
MANILA, Philippines - Domestic rice
stock inventory remains sufficient for 91 days, the Philippine Statistics
Authority (PSA) said.Stocks held in households would be sufficient for 44 days,
those held in commercial warehouses for 26 days while those held in National
Food Authority (NFA) depositories would be enough for 21 days.Around 48.8
percent of total rice stock inventory was held in households, 28.4 percent in
commercial warehouses and 22.8 percent in NFA depositories.The country’s total
rice stock inventory as of end-November stood at 3.11 million metric tons (MT),
5.2 percent higher than the stockpile of 2.95 million MT in November 2014 and
41.5 percent higher than last month’s inventory of 2.2 million MT.
Year-on-year, stock levels in NFA
depositories increased 64.3 percent but stocks in households and commercial
warehouses went down 6.3 percent and 2.3 percent, respectively.Corn stock
inventory, meanwhile, stood at 298,200 MT as of November, up by 24.5 percent
year-on-year but 29.1 percent lower month-on-month. Of November’s total corn stock inventory, 63.6 percent were in
commercial warehouses, 36 percent were with households, and 0.4 percent were in
NFA depositories.Year-on-year, corn stocks in commercial warehouses went up
47.2 percent while stocks in households and in NFA depositories fell 1.4
percent and 37.5 percent, respectively.
http://www.philstar.com/business/2015/12/17/1533317/rice-stocks-good-91-days-psaThai
rice policy to suit current economic climate
USDA Further Restricts Farm
Program Eligibility
Brantley at last week's
USA Rice Outlook Conference
WASHINGTON, D.C. - Yesterday, the United States
Department of Agriculture (USDA) finalized and published regulations that seek
to define "active personal management" that will further limit its
farm program payments to managers that are "actively engaged in
farming."
On
March 26 of this year, USDA published a draft rule seeking to define
"active personal management" and requested public comments as
required by section 1604 of the 2014 Farm Bill. Following USDA's request, USA
Rice submitted two sets of comments to USDA through the Federal Register
representing the USA Rice Farmers and the other set jointly with other
commodity and farm organizations.In general, the comments encouraged USDA to
provide clarity of significant contributions to a farming operation to ensure
that farm managers weren't excluded because of a narrowly defined regulation.
The industry also asked for assurances that breaks in familial lineage due to
death of a parent, grandparent, etc. did not result in a loss of payments to
active farm managers.
Ben
Mosely, vice president of government affairs for USA Rice said, "It
appears our concerns have not been addressed so we're going to be thoroughly
reviewing the final rule over the next several days and communicating with USDA
to clarify potential impacts this rule could have on the rice industry."He
added, "Since the rule is set to go into effect during the 2016 crop year,
we're going to push for a grace period or additional flexibility to make sure
producers that need to reconstitute or reorganize their operations have ample
time to work through the rule's complexity."Arkansas rice farmer and
chairman of USA Rice, Dow Brantley, echoed Mosely's thoughts.
"Given the general state of the farm
economy it could be very costly for a lot of farmers to reorganize their
operations and potentially lose payments for some of their farm managers,"
he said. "USDA has made clear that this rule does not affect family farms,
but in rice country, due to evolving tax structures and legal complexities,
most all of our operations are considered joint ventures or general
partnerships but they're still farms and they're still run by families. Our
organization worked hard to secure these farm safety net programs so it's
unsettling to see our industry is now in jeopardy of losing a significant
amount of what we worked to achieve."
Contact: Peter Bachmann (703) 236-1475
2015 USA Rice Outlook Conference
Breaks Record Exhibit Hall
NEW
ORLEANS, LA - It's official, the 2015 USA Rice Outlook Conference set a new
mark for attendance at 945. "There were a lot of factors driving this: a
full two days of programming, including new sessions, offsite learning
opportunities, and of course, we know New Orleans is a great draw, especially
at this time of year," said Dow Brantley, USA Rice Chairman. "It's
encouraging to see so many in the industry come out, even when things aren't
great in the countryside. It shows we're on the right track and offering good
value to our customers."
In
addition to traditional program offerings like state outlook and rice research
reports, USA Rice capitalized on the excitement and uncertainty of the current
political landscape to offer four top notch political sessions: Thursday's
keynote session with James Carville and Mary Matalin moderated by Ritter Grain's
Brian King; Mike Dunn's detailed look at political influence in Washington;
Friday's political discussion between Louisiana rice farmer John Owen and
Congressman Ralph Abraham (R-LA); and the in-depth and always-entertaining
political and policy analysis from Informa Economics' Jim Wiesemeyer.
This
year's conference also featured more dedicated time in the Exhibit Hall that
was bursting at the seams with 59 exhibitors.
"Our members and exhibitors appreciated
having more time to interact with each other in the exhibit hall, so that's
definitely something we'll expand on next year," said USA Rice President
& CEO Betsy Ward. "We really appreciate all of our exhibitors and
sponsors for their support and look forward to seeing them next year at our
even bigger exhibition hall."Ward also said the Annual Rice Awards
Luncheon was a conference highlight. "Attendees heard moving speeches from
the award winners, got to meet the 2016/18 Rice Leadership Development Program
class, and reconnect with people in the industry that they may not have seen
since the year before," she said.
The Outlook conference is the largest annual
rice-specific gathering in North America and is an educational service of USA
Rice. Next year's conference is scheduled for December 7-9 in Memphis,
Tennessee at the Cook Convention Center.
Contact: Michael Klein (703)
236-1458
PH woes dampen
global rice output
By: Ronnel W.
Domingo
@inquirerdotnet,Philippine
Daily Inquirer
01:42 AM
December 17th, 2015
The global output of milled rice for crop
year July 2015 to June 2016 has been pared down further, dropping to a
five-year low of 469.3 million tons due in part to depressed prospects in the
Philippines.According to a report from the United States Department of
Agriculture (USDA), the forecast was reduced by 4.2 million tons, also on
lowered expectations for Australia, India and Madagascar.“Rice production in
the Philippines is lowered [by] 250,000 tons to 11.25 million tons—due mostly
to government reports of more extensive flooding and wind damage from recent
cyclones,” the USDA’s Economic Research Service (ERS) said in its monthly
update.
“Total
rice production in the Philippines is estimated to be 6 percent smaller than a
year earlier and the smallest crop since (crop year) 2011/2012,” the ERS
said.“The 2015/2016 Philippines’ area estimate was lowered 150,000 hectares to
4.35 million, down 7.5 percent from a year earlier,” the agency said. “In
contrast, the average yield is projected to be the highest on record.”In a
separate report, the Philippine Statistics Authority (PSA) said the country’s
stock of milled rice surged to 3.11 million tons as of Nov. 1 following the
year’s main harvest season.
According to
the PSA, the national inventory—which increased by 41 percent or 910,000 tons
over the previous month—was good for 91 days’ consumption.Data from the PSA
showed the National Food Authority’s stock decreased by 40,000 tons to settle
at 710,000 tons. The NFA stock was good for 21 days’ consumption, still above
its minimum mandated volume of 15 days’ supply.Read more:
http://globalnation.inquirer.net/133908/ph-woes-dampen-global-rice-output#ixzz3uZVXqxmV
http://globalnation.inquirer.net/133908/ph-woes-dampen-global-rice-output
APEDA
Rice Commodity News
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CCC
Announces Prevailing World Market Prices
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WASHINGTON, DC -- The Department of Agriculture's Commodity
Credit Corporationtoday announced
the following prevailing world market prices of milled and rough rice,
adjusted for U.S. milling yields and location, and the resulting marketing
loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the
2015 crop, which will become effective today at 7:00 a.m., Eastern Time (ET). Rough rice prices decreased
$0.19 per cwt for both long grain and medium/short grain.
This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:
The next program announcement is scheduled for December 23, 2015. |
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CME Group/Closing Rough Rice
Futures
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Drought Takes Toll on
Cuba’s Rice Crop
HAVANA – A prolonged drought in Cuba has caused the rice harvest to
fall short of projections by roughly 87,000 tons, the Agriculture Ministry
said.More than 70 percent of Cuban territory has been affected by the most
severe drought in 115 years, according to the National Climate Center.As a
result, the rice harvest will total around 165,000 tons instead of the expected
252,000 tons, state news agency ACN said, citing Lazaro Diaz, head of the
Agriculture Ministry’s grain division.“This has been a rough year for farmers,
in particular rice growers, whose goal of supplying more rice to the economy
and replacing imports is dependent on rainfall and stored water,” the official
said.
Diaz said that the harvest
continues, though work was suspended in recent days in the western region of
the country amid heavy rains.For 2016, the ministry projects Cuba’s rice
production will reach 538,000 tons, equivalent to 60 percent of domestic
demand.Rice is a staple of the Cuban diet, with an annual average per capita
consumption of 70 kilos (154 pounds), amounting to 700,000 tons for the nation,
according to official data.
www.laht.com/article.asp
Arkansas Farm Bureau
Daily Commodity Report
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Rice
Comment
Rice futures may be attempting to stabilize after the recent
downturn which took over $1.50 off the market in a matter of a few short days.
January is attempting to establish support at $11. The domestic cash market is
quiet and export demand is slow as well, which is typically the case around the
holidays. The monthly supply/demand report showed little change, with only a 1
million cwt decrease in imports into the U.S. and use unchanged. Exports were
pegged at 98 million cwt, and ending stocks were cut to 38.8 million cwt. The
average on farm price for long grain remained $11.50 to $12.50. Global rice
stocks are forecast to decrease for the third year in a row as consumption is expected
to outpace production. Production was lowered to 469.3 million metric tons,
down approximately 8.9 million tons from the preceding year.
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