Tuesday, February 09, 2016

8th February 2016 Daily Global Rice E-Newsletter by Riceplus Magazine

Today Rice News Headlines...
·         Four-year rice deal with Indonesia will bail out troubled sector
·         Ukraine. In the first half of 2015/16 MY, PJSC SFGCU exported 1.5 mln tonnes of grains
·         Philippines to pioneer hybrid rice farming in Malaysia
·         Rice firms told to develop domestic market
·         Rice farmers too dependent on China: report
·         Basmati rice gets GI tag in 7 Indian states: Geographical indicators in India
·         Pak loses Geographical Indication bid for Basmati rice before Chennai appellate
·         EXPORT DEAL WITH INDONESIA TO REVIVE SINKING RICE SECTOR’
·         Philippines to pioneer hybrid rice farming in Malaysia
·         Rice Prices Under Pressure
·         Make Plans Now to Attend This Year's Mid-South Farm & Gin Show
·         Research at universities
·         Pulse rate: collateral benefit
·         Nagpur Foodgrain Prices Open-Feb 08
·         02/08/2016 Farm Bureau Market Report
News Detail...

Four-year rice deal with Indonesia will bail out troubled sector

Islamabad Chamber of Small Traders Patron Shahid Rasheed Butt on Sunday said the four-year rice export deal with Indonesia would bail out the troubled sector and stabilise prices at home.He demanded more long and short term agreements with other countries to boost rice exports as the sector has been facing problems for the last few years.Butt said in his statement that export of rice to Indonesia would boost overall exports to 4.6 million tonnes which would be a record and for which the government deserved credit.Pakistan’s export forecast had recently been raised by 0.1 million tonnes in the wake of a deal with Indonesia, he added.He said the reasons behind the crisis in the rice sector were high production cost, the exporters focusing on profit instead of quality and the availability of Indian rice on low rates.Local exporters wanted to sell rice at $950 to $1100 per tonne while the Indians offered prices as low as 720 to 850 per tonne because of the low production cost and hidden subsidies in their country, he added.India’s move to sell basmati at lower prices took a toll on Pakistan’s exports but its exporters remained unwilling to bring down their prices, Butt said.

The business leader said that Iran was another promising market where Pakistani rice was in great demand but the payment mechanism continued to discourage the exporters.India would be a major competitor to Pakistan in the Iranian market for which exporters and the government need to make an effective strategy, he added.

http://www.pakistantoday.com.pk/2016/02/08/business/four-year-rice-deal-with-indonesia-will-bail-out-troubled-sector/

 

Ukraine. In the first half of 2015/16 MY, PJSC SFGCU exported 1.5 mln tonnes of grains


08.02.2016

In the first half of 2015/16 MY, PJSC State Food and Grain Corporation of Ukraine (SFGCU) exported nearly 1.5 mln tonnes of grains, declared the press-service of the company on February 5.According to the Head of logistics department at SFGCU, Dmitry Shmokarev, the company reached such results due to centralized operation of the department of foreign economic activity and the purchasing and logistics department, as well as establishment of innovations.

The list of key changes in the logistics activity includes launching of the department of freight-forwarding support, which allows shipping cargoes on its own, and providing services to the bailor.During the period since November 1, 2015, SFGCU has already shipped over 100 thsd tonnes of grains in such way, said the Head of department.In addition, SFGCU launched the system of electronic document management with digital signature with counterparties, and the system of electronic tenders to specify the freight rates for grain shipping by rail.



Philippines to pioneer hybrid rice farming in Malaysia

 (The Philippine Star) | 
Local hybrid rice and seeds producer SL Agritech Corp. will ship out a minimum of 100 kilos of seeds for an initial pilot testing where quarantine processes are already being arranged. STAR/File photo

MANILA, Philippines - The Philippines is set to pioneer hybrid rice farming in Malaysia in April as the country’s ASEAN neighbor seeks to raise self-sufficiency in rice production amid its limited rice area.Local hybrid rice and seeds producer SL Agritech Corp. will ship out a minimum of 100 kilos of seeds for an initial pilot testing where quarantine processes are already being arranged.“Given this potential commercial planting, the Philippines can be the first to introduce a highly suitable hybrid rice in Malaysia. Our hybrid rice was developed for tropical climate. Malaysia has a climate much similar to our climate in Mindanao,” SL Agritech chairman Henry Lim Bon Liong said.

The pilot testing will be spearheaded by a private Malaysian company, Titijaya Land Berhad (TLB), in partnership with the Malaysian government through agricultural state research agency Malaysian Agricultural Research and Development Institute (MARDI).TLB has also expressed interest to start the importation of seeds from the Philippines to commence commercial planting of the hybrid rice, but tests have to be carried out under federal rules.Previous pilot tests in Sarawak state have been successful, giving a yield of 10 metric tons (MT) per hectare which is significantly higher from the national average rice yield of inbred in Malaysia.

 “We can’t just use the results of the test in Sarawak to right away do commercial planting in Penang because of Malaysia’s government policies,” SL Agritech hybrid rice specialist Frisco Malabanan said.The initial pilot testing in the states of Penang and Kedah is foreseen to be succeeded by commercial planting on around 1,000 hectares.
Furthermore, other Malaysian private firms have expressed intention to import SL Agritech’s Dona Maria premium rice.“This will demonstrate to the Malaysian market the good quality of Philippines’ hybrid rice. We have an advantage because ours is hybrid which has a higher yield,” Malabanan said.Malaysia imports around 35 percent of its rice supply from Thailand while its own production continues to be dominated by inbreds despite introduction of hybrid rice by Chinese producers.
http://www.philstar.com/business/2016/02/08/1550691/philippines-pioneer-hybrid-rice-farming-malaysia


Rice firms told to develop domestic market

Viet Nam News
HOME  AEC  BUSINESS  MON, 8 FEB, 2016 11:43 AM

Vietnam produces 20 to 21 million tonnes of rice each year. Of this rice, 8 to 9 million tonnes are annually exported, based upon signed contracts. The remaining rice is purchased by domestic consumers, according to the Vietnam Food Association.However, rice enterprises have not paid attention to domestic rice markets, where there is a high demand, choosing instead to focus on exports.n 2008, two centres for distributing rice for local consumption were built in HCM City and Can Tho City to stabilise domestic rice prices. Also, several retail shops selling rice were opened for local consumers.

But these shops faced many difficulties in selling rice and even had losses, the association said, because enterprises trading rice on the domestic market must pay a 5 per cent value added tax (VAT), resulting in the prices for their rice being higher than rice sold by household businesses that do not pay VAT.Therefore, to assure there being profits in selling rice on the local market, rice firms have had to sell high-grade rice at higher prices to those consumers with larger incomes.

In addition, firms must compete with household businesses in services involved in selling rice, the association said. The household businesses have had flexibility in distributing rice and provided a high level of services, even to rural and remote areas, while firms have distribution systems in both cities and towns.Truong Thanh Phong, former chairman of the association, said the association has repeatedly proposed to the Government that they abolish the VAT paid by rice firms. But the Ministry of Finance has objected, causing rice firms to ignore local rice markets.Meanwhile, in rural areas, people continue to hold back rice for their own consumption after harvesting, while selling the remaining rice to enterprises, he said.He hopes that in the coming 5 to 10 years, living standards in rural areas will have improved and small rice mills will be closed. The people in rural areas might then sell all their rice after harvesting, and then purchase rice for daily use. If this occurs, local rice markets will have more opportunities to further develop, he said.For the development of local rice markets, the VAT must be abolished and convenient and flexible distribution systems from rice enterprises must be put in place, he said. 


http://www.nationmultimedia.com/aec/Rice-firms-told-to-develop-domestic-market-30278798.html

Rice farmers too dependent on China: report


Rice being loaded at Pakokku jetty, Magway Region. (Photo-Thet Htein Win)
Rice farmers are over reliant on the Chinese market, Myanmar Rice Federation heard at its annual general meeting at the Union of Myanmar Federation of Chambers of Commerce and Industry.
The northern giant takes 93 per cent of Myanmar’s rice.
The Customs Department said by January 28 this financial year, maritime exports reached 66,400 tonnes (7.3 per cent) and 840,800 tonnes left across its borders. Efforts to diversify to other markets, including the European Union, were making slow progress, according to a study by Aung Than Oo, chairperson of Myanmar Rice Merchants’ Association.Exports to China were always vulnerable to Beijing’s crackdowns, it said.The meeting criticised China for asking for rice to be held in warehouses along the border and requiring third-party certificates.
http://www.elevenmyanmar.com/business/rice-farmers-too-dependent-china-report


The purchasing of the paddy harvest of the Maha season is scheduled to commence in next week

Minister P. Harrison says that Paddy purchasing and Marketing is being carried out in a more transparent manner. The decisions relating to this issue is being taken by a ministerial sub committee and a cost of living ministerial sub committee headed by the Prime Minister. Minister Harrison addressing a media briefing in Colombo today said that the government has purchased 335,000 metric tons of paddy during the previous Yala and Maha seasons. This is the largest quantity of paddy ever purchased in the history of Sri Lanka. The PMB has paid 15.43 billion rupees to the farmers in this regard.

A kilo of samba rice was purchased for 50 rupees and a kilo of Nadu rice for 45 rupees. Due to the government's practice of providing the highest price for paddy to the farmers, it has been possible to maintain the purchasing prices for paddy in the private sector also at the highest level. The minister added that 200,000 metric tons of this harvest have not yet been sold. The majority of the stocks are of the Nadu paddy variety. The government hopes to sell a kilo of nadu paddy for 32 rupees and 50 cents. Around 80 paddy mills have come forward to purchase the stocks. Minister Harrison added that meanwhile, measures are also underway to convert the paddy into rice and distribute among Samurdhi beneficiaries.
Attention has also been focused to handover rice stocks to government institutions and hospitals as well.Commencement of the purchasing of the Paddy harvest of the Maha season is scheduled to commence next week. The paddy buying process is expected to commence in the Batticaloa and Ampara districts.
http://www.slbc.lk/index.php/en/tamil-news-update/3359-the-purchasing-of-the-paddy-harvest-of-the-maha-season-is-scheduled-to-commence-in-next-week.html


Basmati rice gets GI tag in 7 Indian states: Geographical indicators in India

Geographical indicators in India
The world is full of beautiful places and each one has something unique about it. People tend to relate things to the places they originated in. Over time, such indigenous features about a certain place become a part of its identity. Some of them become synonymous to their specific geographical locations and acquire Geographical Indication (GI) tags.The Intellectual Property Appellate Board (IPAB) has ordered Chennai -based Geographical Indications Registry (GIR) to issue a Geographical Indication tag for basmati rice. The tag will be issued to the variety of basmati rice grown in seven states, namely Punjab, Haryana, Himachal Pradesh, Uttarakhand, parts of Uttar Pradesh, and Jammu & Kashmir, in the Indo-Gangetic Plains (IGP).

India has 236 GI products registered so far and over 270 more products have applied for the label. Let's take a look at 10 such geographical indicators in India:
Darjeeling Tea

Darjeeling Tea was the first Indian product to get the geographical indication tag. In 2004, the famous beverage got the recognition. It is one of the top exported food products of the country.

Mysore Silk

The famous fabric of Karnataka got included into the GI family in 2005. The state, specifically Mysore, produces around 9,000 metric tonnes of Mysore Silk every year.

Odisha Pattachitra

Pattachitra is a form of art that originated in Odisha. It is a pictorial narrative painted on a cloth-based scroll. Generally, the scrolls depict the tales of Hindu gods and goddesses.

Blue Pottery

One of them famous traditional crafts of Rajasthan is the Blue Pottery made in Jaipur and its surrounding areas. Besides its striking blue colour, the handicraft product is also unique because of its material. It is not made of clay but by mixing quartz stone powder, powdered glass, Multani Mitti (Fuller's Earth), borax, gum, soda bicarbonate and water.
 
Kashmir Pashmina

In Persian, pasmina means made of wool and in Kashmiri, it means soft gold. The Kashmir Pashmina is native to the region because it can only be made from the wool of three breeds of goats - Changthangi, Chegu and Chyangara - that can only be found in Kashmir and some parts of Nepal.

Phulkari, Punjab

Punjab, Haryana and Rajasthan have many things in common, among which one is the colourful designs of Phulkari. It is an embroidery technique using beautiful designs of flowers on shawls, scarves, saris etc. It is said that earlier, real flowers were used in the process.

Nagpur Orange

Nagpur is also known as the Orange City. This shows the deep relation the place shares with its pulpy oranges. The Nagpur Oranges were registered as a GI in April 2014.

Mizo Chilli

Also known as the Bird's Eye Chilli, Mizo Chilli is one of the hottest food items in the world. The chilli is so hot that the local people handle it very carefully and treat it with respect. It can only be consumed in small quantities as people have been reported to avail medical assistance when they tried their hands on this little thing!

Lucknow Chikan Craft

Chikan craft is famous all over the world. The Lucknow specialty was given the GI status in December 2008. The textile design is said to be introduced by Nur Jehan, wife of Mughal emperor Jahangir.

Hyderabad Haleem

The Hyderabad Haleem is perhaps the only Indian dish to have got a GI status. It is a stew prepared from meat, lentils and pounded wheat. The item is mostly eaten at iftar during the Islamic month of Ramadan. The mouthwatering delicacy received the GI tag in 2010.
 
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Pak loses Geographical Indication bid for Basmati rice before Chennai appellate

Manish Raj | TNN | Feb 6, 2016, 02.11 PM IST
CHENNAI: Pakistan has lost ts battle to obtain the prestigious Geographical Indication (GI) tag for basmati rice, owing to its failure to play by mandatory rules.
Lahore-based Basmati Growers Association (BGA) had moved Intellectual Property Appellate Board here, challenging the Agricultural and Processed Food Products Export Development Authority's (APEDA) application seeking GI tag for basmati rice cultivated in seven states — Uttar Pradesh, Himachal Pradesh, Utarakhand, Haryana, Pun ab and J&K — in India.

More importantly, BGA opposed grant of GI tag basmati to India "in totality". It argued that the assistant registrar of GI in Chennai had "gravely erred that rice produced in arearegion of Madhya Pradesh, or for that matter any part of India can bear the basmati tag", the appeal added. On Friday , however, IPAB rejected the arguments saying BGA had "miserably failed" to comply with the rules.
After APEDA's application was advertised in the GI journal in May 2010, BGA served it a notice. Even though it received a counteraffidavit to its notice and in spite of two extensions, BGA failed to provide evidence supporting its opposition — within the prescribed time and format -under the Geographical Indications of Goods (Registration and Protection) Act, 1999. So the registry rejected the opposition as `abandoned' on December 31, 2013, IPR attorney P San jai Gandhi said.

BGA moved IPAB, challenging the registry's order BGA's counsel said the asso ciation filed its evidence "diligently" and it was APEDA that countered with missing documents.
Underlining the require ment for strict compliance of rules, APEDA's counse said BGA's "explanation was an afterthought and an excuse to cover up gross neg ligence." A bench of chair man Justice K N Basha and technical member (trade marks) Sanjeev Kumar Chaswal said there was no explanation to justify the de lay for filing its evidence.


http://timesofindia.indiatimes.com/business/india-business/Pak-loses-Geographical-Indication-bid-for-Basmati-rice-before-Chennai-appellate/articleshow/50877704.cms


EXPORT DEAL WITH INDONESIA TO REVIVE SINKING RICE SECTOR’

Monday, February 08, 2016 - Islamabad—Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday lauded the government for 4-year rice export deal with Indonesia which will bailout the troubled sector and stabilise prices at home.He demanded more long and short term agreements with other countries to boost the rice sector which is facing problems since some tears. Shahid Rasheed Butt said that export of rice to Indonesia will boost overall exports to 4.6 million tonnes which will be a record for which credit goes to the government. Pakistan’s export forecast has recently been raised by 0.1m tonnes in the wake of a deal with Indonesia.

He said that reasons behind crisis in rice sector include high 
production cost, too much focus of exporters on profit and availability of Indian rice on low rates. Local exporters want to sell rice at 950 to 1100 dollars per tonne while Indians offer prices as low as 720 to 850 per tonne because of the low production cost and hidden subsidies. India’s move to sell basmati at lower prices had taken a toll on Pakistan’s exports but our exporters remained unwilling to bring down their prices, said Butt. The veteran business leader said that Iran is another promising market where Pakistani rice is in great demand but payment mechanism continue to discourage exporters. He said that India will be a major competitor to Pakistan in the Iranian market for which exporters and government needs to make an effective strategy.—NNI

Envoy: Iran to grow rice, wheat in Africa

Sun Feb 7, 2016 9:16AM

Acacia trees on a big wheat field in Africa
Iran is reportedly looking to lease land in Kenya, Uganda and Tanzania for large-scale food production to serve local and export markets.  More than 10 Iranian companies have expressed interest in growing and processing rice, corn and wheat in East Africa, Iranian Ambassador to Kenya Hadi Farajvand has said.He said Iran is supporting mechanized agriculture beyond its borders, with companies leasing huge chunks of land and applying modern agricultural methods to grow food for export to Iran.The companies are willing to establish manufacturing plants in the region to cater to the local market and to export to Iran, Farajvand said.The move is also aimed at narrowing trade deficit with the Horn of Africa countries, which is in Iran’s favor, he added.

The East African Community (EAC) mainly exports unprocessed agricultural products like tea, coffee and meat to Iran. It imports oil products, machinery and telecommunication equipment from the Middle Eastern country.Local trade experts said the region should strive to export more processed goods to Iran, beginning this year.“The lifting of sanctions on Iran will pave the way for EAC member states to forge closer ties with Iran, but we need to export value-added products if we are to tilt the balance of trade in our favor,” Peter Kiguta, director-general of Customs and Trade at the EAC, told the Geeska Afrika news agency.The East African Tea Trade Association (EATTA) expects exports to Iran to grow five-fold in one year with the opening of the market, it said.Farajvand said the biggest challenge in fostering stronger trade ties between Iran and the EAC countries is the lack of political will in the region and limited information on the available opportunities in Iran.

He said many products from Iran are imported into the region through other countries, making the final product expensive. These imports include oil products, bitumen, ceramics and electricity equipment.Iran’s Agriculture Minister Mahmoud Hojjati has said the government had envisioned investment on 500,000 hectares of farmland in a number of countries to produce food.
Grain harvest in Khorsh-Rostam in Iran's Ardabil Province
Last August, Agriculture Ministry’s Mohammad Reza Shafeinia said Iran had launched agricultural cultivation in Kazakhstan, marking its first farmland investment overseas.Water-intensive rice and corn crops as well as oilseeds and livestock inputs have been cited by Agriculture Ministry officials as the target products which Iran seeks to grow on farmlands overseas.Iran is pushing for development of 60,000 hectares of land to cultivate agricultural products in Brazil, Hojjati has said.  

Food prices are a key driver of Iran’s double-digit inflation which shot over 40% under former president Mahmoud Ahmadinejad.  Food security is a serious matter for Iran, given the size of its population which has grown over 80 million and seen its food basket grow smaller.“Between 38-40% of the Iranian families’ economy is related to food which requires us to build a base for reducing prices of nutritional products and providing for facile access to them,” Shafeinia said.
http://www.presstv.ir/Detail/2016/02/07/449065/Iran-agriculture-food-security-Africa

Philippines to pioneer hybrid rice farming in Malaysia

 (The Philippine Star) | 
Local hybrid rice and seeds producer SL Agritech Corp. will ship out a minimum of 100 kilos of seeds for an initial pilot testing where quarantine processes are already being arranged. STAR/File photo

MANILA, Philippines - The Philippines is set to pioneer hybrid rice farming in Malaysia in April as the country’s ASEAN neighbor seeks to raise self-sufficiency in rice production amid its limited rice area.Local hybrid rice and seeds producer SL Agritech Corp. will ship out a minimum of 100 kilos of seeds for an initial pilot testing where quarantine processes are already being arranged.“Given this potential commercial planting, the Philippines can be the first to introduce a highly suitable hybrid rice in Malaysia. Our hybrid rice was developed for tropical climate. Malaysia has a climate much similar to our climate in Mindanao,” SL Agritech chairman Henry Lim Bon Liong said.

The pilot testing will be spearheaded by a private Malaysian company, Titijaya Land Berhad (TLB), in partnership with the Malaysian government through agricultural state research agency Malaysian Agricultural Research and Development Institute (MARDI).TLB has also expressed interest to start the importation of seeds from the Philippines to commence commercial planting of the hybrid rice, but tests have to be carried out under federal rules.Previous pilot tests in Sarawak state have been successful, giving a yield of 10 metric tons (MT) per hectare which is significantly higher from the national average rice yield of inbred in Malaysia.

“We can’t just use the results of the test in Sarawak to right away do commercial planting in Penang because of Malaysia’s government policies,” SL Agritech hybrid rice specialist Frisco Malabanan said.The initial pilot testing in the states of Penang and Kedah is foreseen to be succeeded by commercial planting on around 1,000 hectares.Furthermore, other Malaysian private firms have expressed intention to import SL Agritech’s Dona Maria premium rice.“This will demonstrate to the Malaysian market the good quality of Philippines’ hybrid rice. We have an advantage because ours is hybrid which has a higher yield,” Malabanan said.Malaysia imports around 35 percent of its rice supply from Thailand while its own production continues to be dominated by inbreds despite introduction of hybrid rice by Chinese producers.

http://www.philstar.com/business/2016/02/08/1550691/philippines-pioneer-hybrid-rice-farming-malaysia


Rice Prices Under Pressure


By IFC MarketsCommoditiesFeb 08, 2016 07:37AM ET
Awaiting USDA report on Thursday

Lately, rice prices have been under pressure. The Thai officials are planning to sell 11mln tonnes of rice from the state reserves which is to be discussed on February 29. Thailand released 9.8mln tonnes of rice in global markets in 2015 which is 10.9% below the 11mln tonnes in 2014. Another negative factor is plans of Indonesia to enhance its rice output and to renounce rice imports. The positive is the increased demand on rice from Iran, Syria and other Middle-East states, as well as from Philippines and Nigeria. The major world producers are India, Thailand and Vietnam whose crops may suffer from El Nino.

 In the its previous report USDA forecasted the global rice production will amount to 470.1mln tonnes in 2015/16. This is 2% below the level of the previous season. Meanwhile, the global rice consumption will surpass its production already for the 3rd straight season. This may cut the global rice reserves by 14% compared to the previous year to 89.7mln tonnes. USDA expected the volume of global rice trading to total 42.1mln tonnes which is 2% below the last year’s level. The rice crops in the US are at 192.3mln hundred weights (cwt), according to the previous report. In our opinion, the rice prices may depend on the USDA forecasts highlighted in its new report on February 11.


Rice Daily Chart

On the daily chart Rice:D1 is in downtrend and has verged its resistance. The Parabolic indicator and MACD give buy signals. RSI is neutral and below 50 but has formed the positive divergence. The Bollinger bands® are slightly contracting which may mean lower volatility. The bullish momentum may develop when the price surpasses the last fractal high and the 200-day moving average at 11.56, or in case of the fall below the second fractal low, Parabolic signal and Bollinger band at 10.68. The market will choose the direction itself.


Two or more positions may be placed symmetrically: having opened one of the orders, the second may be deleted as the market has chosen the direction. Having opened the pending order we shall move the stop to the next fractal high (short position) or fractal low (long position) following the Parabolic signal every 4 hours. The most risk-averse traders may switch to the 4-hour chart after the trade and place there a stop-loss moving it in the direction of the trade. Thus, we are changing the probable profit/loss ratio to the breakeven point. If the price meets the stop-loss level without reaching the order, we recommend cancelling the position: the market sustains internal changes which were not taken into account.
Position Sell Sell stop below 10,68 Stop loss above 11,56
http://www.investing.com/analysis/technical-analysis-c-rice-:-2016-02-08-383686


Make Plans Now to Attend This Year's Mid-South Farm & Gin Show 

MEMPHIS, TN -- The Mid-South Farm & Gin Show returns to the Cook Convention Center here, February 26-27.  One of the largest farm shows in the region, this event always draws a big crowd from all of the surrounding states in the Mid-South and Southeast who come to check out the latest equipment and machinery available to farmers in the region.  Also on the schedule are educational seminars from industry experts on commodity market updates, crop marketing strategies, and best management practices for environmental purposes and reducing operation costs. 

While exploring the three floors full of more than 400 exhibitors, be sure and stop by the USA Rice booth, located at Space #2080 in the Show Hall, to talk one-on-one with USA Rice staff about what's new in the U.S. rice industry and get all the specifics on USA Rice activities and promotions.  "USA Rice's presence at the show gives us the perfect opportunity to meet with rice producers as well as educate the general public about rice.  We talk with more than 1,000 individuals and families each year and always enjoy making connections," said Randy Jemison, USA Rice director of field services in Louisiana.Registration is available online and anyone who registers by February 14 will be eligible to win a $1,000 cash prize.  

Research at universities


Among other important suggestions President Abdul Hamid made at the convocation of a private university last Saturday, one concerns greater attention to research at the tertiary level - no matter if the facility is in public or private sector. Indeed, here is a neglected area the president has felt prompted to shed light on. Admittedly, the country's scientific research base is weak and inadequate except perhaps in the Bangladesh Rice Research Institute at Gazipur and at Mymensingh Agriculture University where its germ plasma centre is doing excellent work.
Facilities for both fundamental and applied research at the reputed public universities are poor and inadequate because of shortage of fund. Government allocation for this purpose is unimaginably meagre. The fact is, in developed countries the highest seats of learning receive large investments from giant industries and companies and their collaborative ventures have come up with most of the scientific breakthroughs and inventions. 

In a country like Bangladesh, this did not happen in the past because such business houses and industries were non-existent. Now quite a few have grown into large sizes and if they wish they can surely make considerable amounts of fund available for research at university or other laboratories under collaborative agreements.
There is no reason to underestimate the talent of local scientists and researchers. Professor Satyendra Nath Bose did his research at Dhaka University. Given the right kind of facilities and leadership, what they can produce has been amply proved by the jute genome sequencing under late world-renowned geneticist Maqsudul Alam. Happily, opinions and recommendations from the Bangladesh University of Engineering and Technology (BUET) are sought for preparing guidelines of infrastructure, vehicles and vessels and even for geographic planning. But this could be at a higher level if more opportunities for research were created in its respective departments. 

The president's emphasis on establishing research facilities both in private and public universities should not fall on deaf ears. For a nation this is most essential if it has to develop its own special mechanism of warding off gadgets that are not quite suitable for local conditions. Research allows students to be familiar with things they learn theoretically only and apply their own talent in order to innovate. Most private universities are reluctant to invest in improving the quality of education let alone pour money for research facilities. This practice should be replaced by a culture where private universities too can take up challenges of research and innovation. 

The good thing is that today a young crop of geniuses are ready to challenge the world. Already a number of teams have participated in international competitions with sterling success. Their ideas and innovations have been widely appreciated by their peers and the panels of judges. This raises the hope that pouring money in projects they advance will not go waste. This positive development certainly has to be encouraged by both the government and the private sector. Increasing collaborative ventures will prompt a culture so essential for national progress.
http://www.thefinancialexpress-bd.com/2016/02/08/14678

Pulse rate: collateral benefit
08 February 2016                  
The process of coping with scarcities can be quite trying for a bureaucrat, says Vivek K Agnihotri, former secretary general, Rajya Sabha

In the days gone by, there used to be an aphorism in a Hindi dialect - ghar kee murgi dal baroba. It meant that no value is attached to a thing that is easily available.However, an unprecedented increase in the price of pulses, (particularly the Indian universal tuvar dal or split red gram), has sent the pulse of the common man racing, spawning, a host of jokes and cartoons, at the cost of once humble lentils, such as the 'dal banam murgi' (pulse versus chicken) genre. At this point, for the uninitiated, it may not be out of place to throw some perfunctory light on the mind-boggling range of pulses and / or lentils consumed in India.  Local names of some of these, along with their English equivalents, are given in the table at the bottom.The governments (state as well the centre) have inter alia gone into the customary overdrive against the so-called hoarders. If hoarding happens, can raids be far behind?
It has reportedly resulted in a huge haul of more than 130,000 metric tonnes of lentils across the country - over ten times the quantity imported as well as proposed to be imported by the government, and practically at no cost; it is yours for the taking.
However, according to one estimate, it is still only about one-tenth of the likely demand for it in the country till the next harvest.These operations remind me of a couple of anti-hoarding and anti-smuggling drives, of which I was part of during the early part of my career
Actually, that is the carefree phase in the calling of most of the civil servants, when they hoof it, where angels would be wary of treading.The year was 1972, when I had just about completed my first year of my first posting as Sub- (called Sub Collector) in the then State of Andhra Pradesh.  The culprit on that occasion was not dal but fertilizers, a more precious and politically charged commodity in the so-called rice bowl of the country. Our informant told us that in a local godown there was a stock of fertilizer, which had been diverted from its legitimate destination and hoarded for black marketing.  I, along with my entourage of local Tahsildar, Block Development Officer (BDO), some village functionaries and a modicum of constabulary, reached the place unannounced.
I had not informed any member of the retinue the exact purpose of our getting together.  It was around 12 noon on a working day, but the godown, which belonged to a cooperative society of which the local MLA was the president, was locked, with no caretaker in sight. I ordered the locks to be broken, following the prescribed procedure, known as panchnama.  The Tahsildar and the BDO were apprehensive and advised me against it.  The president of the cooperative society happened to be a minister of the state government.  In the first flush of youth and idealism, I directed them to do what I had told them.
The locks were broken and, sure enough, a huge unauthorised stock of fertilizers was unearthed, along with some innocuous material.  An inventory was taken and the godown was sealed following the prescribed procedures. I returned to my office, prepared a report under the Essential Commodities Act and sent it, along with the concerned documents, to the collector of the district for further action.  My job was over and I proceeded to undertake other similar misadventures.
Those were days of scarcities.  Everything was scare and, therefore, under the 'command and control' regime (direct regulation of an industry or activity by legislation that states what is permitted and what is illegal) to a great extent.  It was applicable not only to food grains and fertilizers, but also to cars, of all things. For example, if I wanted to buy a new Fiat car (one of the two or at most three options at that time, and the most popular  for private use), the waiting time was about 18 months, even if I had the money.  Its 'controlled' price at that time was about Rs14,000 (a big sum in terms of purchase power, though).  It was approximately 28 times my monthly take home salary; today the price of a decent car is only 6 times my take home pension and is available off the shelf!.
Coming back to my misadventure, having done my job, I forgot about it till I was told by my Tahsildar that the Collector had released the seized stock of fertilizers.  I forgot about that too, till I came to know through the grapevine that the collector had been made an out-of-turn allotment of a Fiat car.  The minister concerned was the minister for transport.A few years later, I was posted as joint collector (additional district magistrate) in a district, which was facing foodgrain scarcity (particularly of rice), but was surrounded by the legendary 'rice bowl'.  It had little rice production, but was blessed with a slew of rice mills, some of them conveniently located at the district borders.
In order to ensure that the rice millers delivered the 'levy' quantity of rice to the administration, there were restrictions on inter-district movement of paddy (un-milled rice).  No paddy from other districts could enter my district for milling, without a certificate from my counterpart that the levy on it had been delivered or deposited. Since most clandestine operations take place during the night, it was the duty of my team to patrol the borders and catch trucks entering our district without the necessary certificate and vice versa.  Occasionally, I accompanied my team on these nocturnal sojourns.

It was perhaps a festival holiday, and expecting a huge haul, we went on patrol to porous border points with a large team.  At the dead of night, we accosted a caravan of trucks; stopped and seized them for want of necessary certificates.The trucks were brought to the district headquarters and parked in the collectorate compound, with ample security arrangements.  Next day, as expected, my subordinate staff started receiving desperate calls from local big-wigs, including the rice millers, for release of the trucks.The officers came to me for instructions; I told them to proceed as per law and get the rice milled for realisation of levy and sale of the rest in the open market.A couple of days later, one of the senior officers came to me and said, ''Sir, there is great pressure.  What should I do?''
I told him that we were in the chief minister's district and if he was not bothered, why should he?  And that put all doubts to rest.


Tuvar / Toor dal
Split Red gram / Pigeon Pea
Sabut Urad
Black gram
Urad dal / Kali dal
Split Black gram
Moong
Green gram
Moong dal
Split Green gram
Chana
Bengal gram / Chickpeas (brown)
Chana dal
Split Bengal gram
Hara Chana / Cholia
Chickpeas (green)
Kabuli Chana
Chickpeas (white)
Masoor
Red Lentil
Kulthi
Horse gram
Rajma
Red Kidney Beans
Lobhia / Chawli
Black eyed beans
http://www.domain-b.com/economy/Govt/20160208_pulse_rate.html#sthash.xEWithu9.dpuf

Nagpur Foodgrain Prices Open-Feb 08


Nagpur, Feb 8 Gram and tuar prices zoomed up again in Nagpur Agriculture Produce and
Marketing Committee (APMC) here on increased demand from local millers amid tight supply fromproducing regions. Sharp hike in gram on NCDEX, upward trend in Madhya Pradesh pulses, weak overseas supply and reported demand from South-based millers also boosted prices, according to sources. 
 
               *            *              *              *
 
    FOODGRAINS & PULSES
    GRAM
   * Gram varieties firmed up in open market here on renewed seasonal demand from local 
     traders amid tight supply from producing belts. Weak production estimate in this 
     season also activated stockists.
 
     TUAR
   * Tuar varieties reported down in open market here on subdued demand from local 
     traders amid good supply from producing regions.   
            
   * In Akola, Tuar New - 8,000-8,200, Tuar dal New - 12,500-13,700, Udid - 
     12,600-13,600, Udid Mogar (clean) - 14,900-16,700, Moong - 
     8,400-8,600, Moong Mogar (clean) 9,400-9,700, Gram - 4,100-4,200, 
     Gram Super best bold - 5,300-5,700 for 100 kg.
 
   * Wheat, other varieties of rice and other commodities moved in a narrow range in 
     scattered deals, settled at last levels. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
 
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                3,900-4,225         3,800-4,200
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                7,200-8,100         7,000-7,980
     Moong Auction                n.a.                6,400-6,600
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            5,900-6,100        5,800-6,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,500-5,700        5,400-5,600
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,500-4,600        4,400-4,500
     Desi gram Raw                4,400-4,450         4,300-4,400
     Gram Filter new            4,600-4,900        4,500-4,900
     Gram Kabuli                6,000-8,000        6,000-8,000
     Gram Pink                        6,500-7,300        6,500-7,300
     Tuar Fataka Best-New             12,500-13,000        12,800-13,500
     Tuar Fataka Medium-New        11,800-12,300        12,000-12,500
     Tuar Dal Best Phod-New        11,500-12,000        11,700-12,250
     Tuar Dal Medium phod-New        10,500-11,000        10,800-11,300
     Tuar Gavarani New             7,500-8,000        7,700-8,200
     Tuar Karnataka             8,200-8,500        8,300-8,600
     Tuar Black                 12,500-13,000        12,500-13,000 
     Masoor dal best            6,200-6,400        6,200-6,400
     Masoor dal medium            5,800-6,000        5,800-6,000
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        9,600-10,000        9,600-10,000
     Moong Mogar Med            8,900-9,300        8,900-9,300
     Moong dal Chilka            7,800-8,800        7,800-8,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            8,600-8,800        8,600-8,800
     Udid Mogar best (100 INR/KG) (New) 16,000-17,000       16,000-17,000 
     Udid Mogar Medium (100 INR/KG)    13,400-14,500        13,400-14,500    
     Udid Dal Black (100 INR/KG)        9,600-9,900        9,600-9,900     
     Batri dal (100 INR/KG)        5,550-5,900        5,550-5,900
     Lakhodi dal (100 INR/kg)          4,400-4,600         4,400-4,600
     Watana Dal (100 INR/KG)            3,250-3,400        3,250-3,400
     Watana White (100 INR/KG)           3,000-3,200           3,000-3,200
     Watana Green Best (100 INR/KG)    3,100-3,600        3,100-3,600   
     Wheat 308 (100 INR/KG)        1,700-1,800        1,700-1,800
     Wheat Mill quality (100 INR/KG)    1,700-1,800        1,700-1,800   
     Wheat Filter (100 INR/KG)         1,650-1,850        1,650-1,850
     Wheat Lokwan best (100 INR/KG)    2,200-2,500        2,100-2,500    
     Wheat Lokwan medium (100 INR/KG)   2,000-2,100        1,950-2,250
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-3,600        3,200-3,600    
     MP Sharbati Medium (100 INR/KG)    2,500-3,000        1,500-3,000           
     Rice BPT best New(100 INR/KG)    2,600-2,800        2,600-2,800    
     Rice BPT medium (100 INR/KG)        2,000-2,250        2,000-2,200    
     Rice Parmal (100 INR/KG)         1,800-2,000        1,800-2,000
     Rice Swarna best (100 INR/KG)      2,100-2,450        2,100-2,450   
     Rice Swarna medium (100 INR/KG)      1,800-2,000        1,800-2,000   
     Rice HMT best New (100 INR/KG)    3,000-3,500        3,000-3,500    
     Rice HMT medium (100 INR/KG)        2,400-2,800        2,400-2,800    
     Rice Shriram best New(100 INR/KG)    4,100-4,400        4,100-4,400 
     Rice Shriram med New(100 INR/KG)    3,700-4,100        3,700-4,100   
     Rice Basmati best (100 INR/KG)    9,700-11,600        9,700-11,600     
     Rice Basmati Medium (100 INR/KG)    7,700-8,000        7,700-8,000    
     Rice Chinnor best New(100 INR/KG)    4,700-4,800        4,700-4,800    
     Rice Chinnor med. New (100 INR/KG)    4,200-4,400        4,200-4,400    
     Jowar Gavarani (100 INR/KG)        1,800-2,100        1,800-2,100    
     Jowar CH-5 (100 INR/KG)         1,700-1,800        1,700-1,800
 
WEATHER (NAGPUR)  
Maximum temp. 32.8 degree Celsius (91.0 degree Fahrenheit), minimum temp.
17.7 degree Celsius (62.8.0 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 33 and 16 degreeCelsius respectively.
 
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices.)


02/08/2016 Farm Bureau Market Report

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


Futures:
ROUGH RICE
High
Low
Last
Change
Mar '16
1113.0
1091.0
1092.0
-20.0
May '16
1136.0
1119.0
1119.0
-20.5
Jul '16
1162.5
1154.0
1147.0
-20.5
Sep '16
1158.0
-19.5
Nov '16
1178.5
-19.5
Jan '17
1182.0
-19.5
Mar '17
1182.0
-19.5
   

Rice Comment


Rice futures were lower across the board. March has been working lower after failing at resistance at $11.50. Support is at $10.86 ½ and the recent low of $10.65. Weekly exports were improved over the previous week at 40,200 metric tons, but not enough to generate any upside momentum.


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Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Tumble as Traders Make Last Minute Changes to Holdings ahead of Tomorrow's USDA S&D Update

Feb 09, 2016
Chicago rough rice futures for Mar delivery settled 20 cents per cwt (about $4 per ton) lower at $10.920 per cwt (about $241 per ton). The other grains finished the day lower; Soybeans closed about 0.6% lower at $8.6250 per bushel; wheat finished about 1.8% lower at $4.5850 per bushel, and corn finished the day about 1% lower at $3.6225 per bushel.
U.S. stocks traded sharply lower on Monday as global growth concerns weighed on investors. Crude prices resumed their downward trajectory, with WTI falling 3%, or 95 cents, to $29.94 a barrel. Last week, U.S. oil fell about 6%.Chinese markets are closed this week due to the Lunar New Year holiday. With no major economic data due Monday, investors were looking ahead to Fed Chair Janet Yellen's testimony in Congress on Wednesday and Thursday. Concerns of a Fed rate hike took center stage Friday after the Bureau of Labor Statistics said the U.S. economy added 151,000 jobs in January — below expectations — but wages rose 0.5%.Overseas, European equities closed lower, with the pan-European STOXX 600 index dropping 3.5%.
The German DAX also dipped below the 9,000 mark for the first time since October 2014. In afternoon trading, the Dow Jones industrial average traded 341 points lower, or 2.1%, at 15,859. The S&P 500 fell 40 points, or 2.15%, to 1,839, as materials and financials led all 10 sectors lower. The Nasdaq dropped 122 points, or 2.8%, to trade at 4,240. Gold is seen trading about 3.6% higher, crude oil is seen trading about 2.9% lower, and the U.S. dollar is seen trading about 0.3% lower at about  1:00pm Chicago time.
Friday, there were 765 contracts traded, up from 552 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday increased by 337 contracts to 13,196. 

Bangladesh Considers Importing Hybrid Rice Seeds from India

Feb 08, 2016

Bangladesh's Agriculture Ministry may import seeds of hybrid rice varieties from India, the Daily Star quoted the Director General of the Ministry’s Seed Wing. The Ministry is reportedly considering some popular rice varieties grown in India, and imported by Bangladeshi farmers through border trade.
Speaking at the discussion “Promoting climate adaptive technology through advocacy and communication” in BRAC Center Inn, he noted that the Ministry's seed wing would formally import Indian hybrid rice seeds if it finds producing those at home was not profitable. The discussion was organised by Brac's “Advocacy for Social Change” programme and Brac University's “Center for Climate Change and Environment Research.”
The discussion also focused on the lags in the government’s research on climate-resilient rice varieties and the need for improving the same.
Some speakers noted that local varieties aimed at tackling climate change were not meeting ground realties and reaching farmers on time. They have expressed concern that the current salinity tolerant rice variety is capable of tolerating 8 ppt (parts per thousand) of salinity while the salinity in coastal areas had reached 10 ppt and higher. They, therefore, highlighted the need for the non-government sector and the government to work together to take new technologies to the field level. They also urged the government to ensure just prices for farmers.
BRAC is a development organization based in Bangladesh. It aims to alleviate poverty by empowering the local people.

Iran to Support Large-Scale Rice Production in East African Region

Feb 08, 2016

Iran is planning to support large-scale rice, corn and wheat production in Kenya, Uganda and Tanzania, according to Iran's television network Press TV.
More than 10 Iranian companies have expressed interest in growing and processing rice, corn and wheat in East Africa, the Iranian Ambassador to Kenya was quoted. He noted that the companies have expressed interest in establishing manufacturing plants in the region to help boost its rice production and exports.
However, in return, Iran is expected to seek more processed goods imports from the East African Community (EAC).
The EAC mainly exports unprocessed agricultural products like tea, coffee and meat to Iran, and imports oil products, machinery and telecommunication equipment from Iran.
Analysts say, the proposal by Iran is useful to the EAC countries in two ways. One, in terms of increased food security, jobs, and higher farmers' incomes. Two, the trade deficit with the Middle East nation can be lowered significantly.
“The lifting of sanctions on Iran will pave the way for EAC member states to forge closer ties with Iran, but we need to export value-added products if we are to tilt the balance of trade in our favour,” the Director-General of Customs and Trade at the EAC was quoted.

President of India Calls for More Research in Climate-Resilient Rice Varieties

Feb 08, 2016
The President of India has highlighted the need for more research in developing climate-resilient rice varieties, which can withstand extreme weather conditions such as droughts, floods and cyclones, according to local sources.
Speaking at the 54th convocation of the Indian Agricultural Research Institute (IARI), he noted that nearly 80% of India's cultivable land is still exposed to severe climatic conditions despite the advancements made so far. He noted that the total food grain production declined about 5% to around 253 million tons in the crop year 2014-15 from a record 265 million tons in crop year 2013-14 due to a 12% deficit in rainfall.
“Nature has not been kind to us this year as well. A deficient monsoon followed by a further dry spell is likely to affect agricultural production for the second year in a row. This is an area of grave concern,” he was quoted. “Institutes like IARI must leverage opportunities from frontier sciences such as bio-technology, synthetic biology, nano-technology, computational biology, sensor technology and geo-spatial technology to develop climate-resilient technology solutions,” he added.
Talking about the degrading soil health and dwindling fresh water sources, he said: “It is heartening to note that several water-wise technologies like precision irrigation, Pusa Hydrogel, zero tillage wheat system, direct seeded rice system, and short duration crop varieties have been developed by IARI. Scientists here must continue with their efforts to develop water-efficient and drought-tolerant varieties.”
He also highlighted the need for developing bio-fortified rice varieties, which can help address the problem of under-nourishment in most of the children in the country.
The President also noted that the government should support these institutes with sufficient funds and technical assistance.He complimented the IARI specifically for developing early maturing and high yielding Pusa basmati varieties, which have increased the country’s basmati export potential as well as helped in raising the incomes of farmers.
 Vietnam Rice Exports Increase Sharply in January 2016
Feb 08, 2016
Vietnam exported about 416,770 million tons of rice in January, 2016, up about 89% from about 220,388 tons rice exported in January 2015, and down about 45% from about 760,993 tons rice exported in December 2015, according to data from the Vietnam Food Association (VFA). The . The average export price so far in January stands at about $407.5 per ton, down about 9% per ton from a year ago.
In 2015, Vietnam exported about up about 6.568 million tons, up about 4% from about 6.33 million tons of rice exported in 2014.

Pakistan Rice Sellers Lower Most of Their Quotes Today; Other Asia Rice Quotes Unchanged

Feb 08, 2016

Pakistan rice sellers lowered their quotes for 5% broken rice, 25% broken rice and 100% broken rice by about $15 per ton, $5 per ton and $10 per ton to around $330-$340 per ton, $305-$315 per ton and $280-$290 per ton, respectively, today. Thailand and Vietnam rice sellers are out today on account of a holiday. India rice sellers kept their quotes unchanged today.                                
5% Broken Rice
Thailand 5% rice is indicated at around $365 - $375 per ton, about $15 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $360 - $370 per ton, about $30 per ton premium on Pakistan 5% rice shown at around $330 - $340 per ton.
25% Broken Rice
Thailand 25% rice is indicated at around $350 - $360 per ton, about $10 per ton premium on Vietnam 25% rice shown at around $340- $350 per ton. India 25% rice is indicated at around $325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice shown at around $305 - $315 per ton.
Parboiled Rice           
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is indicated at around $350 - $360 per ton, about $55 per ton discount to Pakistan parboiled rice last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $325 - $335 per ton, about $5 per ton premium on Vietnam 100% broken rice shown at around $320 - $330 per ton. India's 100% broken rice is shown at around $260 - $270 per ton, about $20 per ton discount to Pakistan broken sortexed rice shown at around $280 - $290 per ton.

Oryza January 2016 Rice Market Review

Feb 09, 2016
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the month at about $386 per ton, down about $2 per ton from a month ago and down about $36 per ton from a year ago.
The World Bank forecasts the global rice production in 2015-16 to decline marginally to 470 million tons from 478 million tons last year due to weakening output prospects in Asia, particularly in India, the Philippines, and Thailand, the world’s top rice exporter. It forecasts average rice prices to remain below $400 per ton in 2016 and up to 2020.  The bank forecasts rice prices to average $370 per ton in 2016 and $374 per ton in 2017. It also forecasts rice prices to average $379 per ton, $383 per ton and $387 per ton in 2018, 2019 and 2020, respectively.
Meanwhile, the FAO forecasts 2015-16 global rice production at around 491.8 million tons, slightly down from an estimated 494.3 million tons in 2014-15, and slightly up from its last month's forecast of around 491.4 million tons. The FAO forecasts improved production outlook in China, Vietnam and the U.S., with lower production prospects in Japan and Nepal. The agency estimates 2016 global rice trade at around 45.4 million tons, up about 1.4% from an estimated 44.8 million tons last year, and slightly up from its last month's forecast of around 45 million tons. The FAO expects greater purchases by China and Indonesia in 2016.
Despite a soft demand, rice export quotes in Thailand tended to firm, reflecting mainly the thinning of supplies in private hands and expectations of much smaller than usual crop arrivals in the coming months. Prices in Pakistan were also up in January, on improved expectations for sales to China, the Near East and Africa. By contrast export prices lowered in India, influenced by a weaker Rupee. Rice prices were also down in Viet Nam, ahead of the imminent harvest of the winter/spring crop. In the Americas, prices moved down in the U.S. on limited buying interest, the rice prices also down in Argentina, Uruguay and Brazil, due to a depreciation of local currencies.  
Thailand
Thailand 5% broken rice ended the month of January quoted at about $370 per ton, up about $20 per ton from a month ago and down about $35 per ton from a year ago.
The President of the Thai Rice Exporters Association (TREA) has projected the country's total rice exports at about 9 million tons in 2016, down about 8% from about 9.79 million tons in 2015. The Honorary President of the TREA is estimating the 2016 white rice exports to decline about 7% to about 4.9 million tons from about 5.26 million tons in 2015. He noted that exports of Thai Hom Mali fragrant rice are expected to fall to about 1.8 million tons this in 2016 from about 1.99 million tons in 2015 because demand for premium rice in the world market is expected to fall given the global economic slowdown. He has estimated Thai parboiled rice exports will fall to 2.2 million tons this year from 2.32 million last year because the economies of African countries remained in poor condition and are buying cheaper parboiled rice from India. Thai 2015 rice exports declined about 10.7% to about 9.8 million tons from about 10.97 million tons in 2014. The TREA reported that Thailand lost its top rice exporter status to India, which exported about 10.23 million tons in 2015.
Separately, Thailand has signed four agreements to sell about 300,000 tons of rice worth 4.3 million baht (about $121 million) to Iran, Reuters quoted the Commerce Minister.
The government of Thailand is planning to reduce the rice production to match the local consumption and exports, with the goal of reducing carryover. The official noted that the annual local and export demand is currently at about 25 million tons (basis paddy), while the average annual production stands at about 31-32 million tons. Meanwhile, Thai rice farmers, millers, exporters, and traders have reportedly supported the government's decision to slash 2016 paddy rice production. Separately, the government of Thailand has ruled out any kind of compensation or state assistance to farmers defying its order on banning the second/off-season rice crop planting this year. In November 2015, the government announced a ban on second crop planting due to extending drought conditions and critical water levels in reservoirs.
TREA forecasts that rice prices may increase by about 10% in the first quarter of 2016 as drought cuts output significantly. Thai 2016 milled rice output from the main crop (harvested between April and September) is estimated to decline by about 4-5 million tons. The government of Thailand has hiked the paddy rice output goal for the 2016-17 crop year to about 27.17 million tons from the earlier target of 25 million tons based on higher demand estimates.
Separately, Thailand will sell 570,000 tons of stockpiled rice on February 16 and 17 for human consumption and industrial use, the Commerce Permanent Secretary said. She noted that: "the size of the first auction of ‘good rice’ will be about 204,000 tons while the second lot will be about 360,000 tons." Warehouses storing the rice will be open for inspection from February 2 to 10, 2016, said the official.
Vietnam
Vietnam 5% broken rice ended the month of January shown at about $355 per ton, down about $10 per ton from a month ago and down about $5 per ton from a year ago.
Vietnam exported about 314,706 million tons of rice in January 1-28, 2016, up about 43% from about 220,388 tons rice exported in January 2015, and about half of about 760,993 tons of rice exported in December 2015, according to data from the Vietnam Food Association (VFA). In 2015, Vietnam exported about 6.568 million tons, up about 4% from about 6.33 million tons of rice exported in 2014. The VFA also is expecting better prospects for Vietnam's rice exports in 2016 compared to the same period last year with contracts of about 1.3 million tons carried forward from last year as well as renewed demand from large and regular markets. Meanwhile, The Chairman of the VFA expressed concern that the recent decision by the government of Thailand to auction 570,000 tons of stockpiled rice would lead to a decline in world rice prices and may negatively impact Vietnam rice exports. USDA Post forecasts Vietnam's 2016 rice exports at about 6 million tons, down about 8% from an estimated 6.5 million tons last year and down from USDA's official estimate of about 7.1 million tons due to an expected low carry-over stocks from MY 2014-15 (January-December 2015).
The government of Vietnam has decided to cut tariffs on a number of goods, including rice, cooked poultry & birds, eggs and, sugarcane/refined sucrose, imported from Laos as per the Circular 216/2015/TT-BTC by the Ministry of Finance, according to local sources. The tariffs will be reduced by 50% under the ASEAN Trade in Goods Agreement (ATIGA). Laos does not officially export rice to Vietnam. However, several tons of paddy and rice are exported unofficially to Vietnam through borders.
The USDA estimates Vietnam's 2015-16 (January-December 2016) paddy rice production to reach about 45.056 million tons (about 28.38 million tons, basis milled), down from an estimated 45.175 million tons (about 28.46 million tons) last year and down from the USDA's official estimate of about 45.12 million tons (about 28.43 million tons, basis milled) due to the larger planted and harvested area of winter crop from low level flooding in the Mekong River Delta (MRD). Separately, the government of Vietnam is planning to cut the paddy rice acreage by about 100,000 hectares in 2016 to grow other grains used as animal feed, local sources quoted the Agriculture Minister.
Cambodia, Myanmar & Laos
Cambodia 5% broken rice ended the month of January shown at about $430 per ton, unchanged from a month ago, and down about $15 per ton from a year ago.  Cambodia has exported about 538,396 tons of milled rice in 2015 (January - December), up about 39% from about 387,061 tons exported during the same period last year, according to the  data from the Agriculture Ministry. Meanwhile, the Prime Minister of Cambodia has expressed optimism that the country will succeed in supplying rice to the Philippines this year by competing with Thailand and Vietnam, according to Khmer Times. Three Chinese firms have reportedly proposed to invest about $400 million in a project to develop rice warehousing facilities in Cambodia. The project is reportedly part of a memorandum of understanding (MoU) drafted by the Cambodian government seeking a loan of about $300 million to build about 10 warehouses, capable of storing about 1.2 million tons of paddy/rice, in the country, according to the Project Leader and Senior Advisor to the Supreme National Economic Council. Separately, an official from the Cambodia Rice Federation (CRF) said that the government of Cambodia should invest about $550 million the rice production and supply chain to achieve the one million ton export target. The official noted that the CRF requires at least 2.5 million tons of paddy, including both fragrant and white types, to process one million tons of milled rice for exports. He also noted that advanced storage facilities are also required to achieve the goal.
Myanmar 5% broken rice ended the month of January indicated at about $420 per ton, up about $5 per ton from a month and a year ago.  Myanmar exported about 830,000 tons of rice in the first ten months of FY 2015-16 (April 2015 - January 2016), down about 15% from about 980,000 exported during the same period last year. In terms of earnings, Myanmar's rice exports declined about 17% to about $308 million during the ten-month period from about $370 million last year. Myanmar exported about 1.8 million tons of rice in FY 2014-15 and aimed to export over 2 million tons this fiscal year. Separately, Myanmar rice sector is not in a position to take advantage of increasing overseas demand due to certain production barriers such as inadequate capital, a failure to apply technology, weaknesses in transportation capacity and the limited availability of crop strains, the Secretary-General of the Myanmar Rice Federation (MRF) said.
The government of Laos is aiming to produce 4.2 million tons of paddy rice in 2016 to ensure adequate supply for domestic consumption and exports, according to the Ministry of Agriculture and Forestry. The Ministry noted that it plans to allocate 2.1 million tons for domestic consumption, one million tons for exports, and 640,000 tons for processing, 400,000 tons for reserves, and 60,000 tons for seeding purposes. Separately, Laos rice farmers are seeking to explore new export markets after the country officially received order to export about 8,000 tons of rice to China.
Philippines
The USDA Post forecasts the Philippines MY 2015-16 (May 2015 - April 2016) rice imports at about 2.1 million tons, up about 17% from about 1.8 million tons in MY 2014-15 and USDA's official estimates of about 1.8 million tons.  The increase in imports forecast is based on the government's earlier estimations that 1.3 million tons of milled rice needs to be imported in 2016 to cover losses from Typhoon Koppu and to strengthen stocks as the El Nino dry spell is expected to intensify through mid-2016. Meanwhile, the government of the Philippines has decided to defer the plan to import 400,000 tons of rice for delivery in the second quarter of 2016 as there is enough supply of the grain. The official earlier noted that the committee may approve imports of another 400,000 tons apart from the already approved 500,000 tons for the first quarter of 2016. Separately, the Philippines Agriculture Minister noted that quantitative restrictions (QRs) on rice imports are currently needed to protect local farmers from cheap imports, but a further extension of QRs is likely to prove costly for the government.
The USDA forecasts the Philippines MY 2015-16 paddy rice production at about 18.298 million tons, down from about 18.913 million tons last year and up from USDA's official estimates of about 17.857 million tons. The Philippine Statistics Authority (PSA) estimates the Philippines 2015 paddy rice production at about 18.15 million tons, down about 4.31% from about 18.97 million tons in 2014. Based on the standing crop situation, the PSA estimates the Philippines 2016 first half paddy rice production at about 8.2 million tons from about 2.02 million hectares. The agency estimates the January - March 2016 paddy production at about 4.15 million tons, down about 4.98% from about 4.37 million tons in 2015.  Meanwhile, the Philippines Agriculture Secretary is estimating the 2016 paddy rice production to fall below the 2015 level of about 18.15 million tons due to the prevailing drought conditions.
Separately, the Philippines Department of Agriculture (DA) has set the 2016 paddy rice production target at about 19 million tons, but may not be adequate to fulfil the country’s rice self-sufficiency goal. The DA has also introduced a new drought resistant and high yielding rice variety to cope with the effects of El Nino induced dry conditions, according to a press release on its website. Meanwhile, the Economic Planning Secretary of the Philippines said that the government must focus on achieving rice self-sufficiency as the El Nino impact on rice production has been lesser than expected.
China
The government of China has announced 2016 minimum purchase prices for rice, Reuters quoted the National Development and Reform Commission (NDRC).
The Chinese government has reportedly lowered the price for early season indica rice to about 2,660 yuan (about $404) per ton from about 2,700 yuan (about $410) per ton in 2015. It retained the purchase prices of mid to late season rice and japonica rice at 2015 levels of about 2,760 yuan (about $420) per ton and 3,100 yuan (about $471) per ton respectively.
China has started importing from Laos and the first shipment of rice imports from the south-east Asian nation have passed through inspection and quarantine procedures at South China's Shenzhen port, according to Xinhua Net.
Separately, China's National Rice Research Institute (NRRI) is planning to promote exports of hybrid rice seeds in Southeast Asia, Africa and South America over the next five years as part of the 13th five year plan (2016-2020).
South Korea is planning to begin rice exports to China in February 2016 after both the governments agreed on a set of quarantine requirements after the South Korea-China summit talks in October last year.
India
India 5% broken rice ended the month of January quoted at about $360 per ton, unchanged from a month ago, and down about $40 per ton from a year ago.  Separately, India average wholesale rice prices which declined in October 2015 with the beginning of the kharif (June - December) rice harvest, have been increasing since November 2015 on concerns of lower output due to El Nino-induced below-average monsoon rains in many rice growing areas. Average monthly wholesale rice prices in India increased to about Rs.2,866.27 per quintal (about $427 per ton ) in January 2016, up about 8% from about Rs.2,645,06 per quintal (about $399 per ton) in December 2015, and up about 1% from their year-ago levels of about Rs.2,836 per quintal (about $448 per ton).
Experts are expecting India's rice exports in FY 2015-16 (April - March) to decline significantly due to reduced demand from major importers such as Iran and Nigeria. Separately, the government of India is likely to strike a one million ton rice export deal worth Rs.3, 000 crore (about $443 million) with Indonesia shortly, according to local sources.
Based on the current pace of rice procurement by the Food Corporation of India (FCI) and the government agencies, analysts are forecasting that India’s government rice procurement in KMS 2015-16 (October 2015 - September 2016) may exceed last year's level of 32 million tons, according to the Press Trust of India. The government targets to procure 30 million tons of rice this year. Meanwhile, the Food Corporation of India (FCI), the nodal agency for food grain procurement and distribution has procured about 24.47 million tons of rice so far in KMS 2015-16 (October 2015 - September 2016), up about 24% from about 19.66 million tons last year.
India 2015-16 winter/rabi rice (November - May) planting area has reached about 2.241 million hectares as of January 28, 2016, down about 7% from about 2.408 million hectares planted during the same period in 2014-15, according to a press release by the Ministry of Agriculture.  Separately, Water scarcity in India's largest rice growing state Punjab is threatening the continuation of rice production. According latest data, Punjab has contributed a record 9.35 million tons of rice to the Central Pool in KMS 2015-16 (October - September) breaking the 9.275 million tons in KMS 2009-10.
India-based Intellectual Property Appellate Board (IPAB) has passed the order allowing the Geographical Indications (GI) tag to Indian basmati rice. The move is said to provide a legal protection to India's basmati rice.
Pakistan
Pakistan 5% broken rice ended the month of January shown at about $345 per ton, up about $10 per ton from a month ago and down about $15 per ton from a year ago.
The USDA Post forecasts Pakistan's MY 2015-16 milled rice production at about 6.9 million tons, unchanged from USDA's official estimates. The Post reports that Pakistan exported about 4.1 million tons in MY 2014-15 (November 2014-October 2015), up from USDA's official estimates of about 4 million tons. Meanwhile, Pakistan and Indonesia have finalized a one-million ton rice agreement under which Pakistan will export one million tons of rice worth $400 million over the next four years.
The Chairman of the Rice Exporters Association of Pakistan (REAP) said that Pakistan basmati rice exports are severely impacted by cheaper rival supplies from India. “India’s competitive rice prices have helped the country in grabbing a bigger share of the global market and increasing exports,” he said. Pakistan's basmati rice varieties are currently quoted at $950 per ton to $1,100 per ton, while Indian basmati rice varieties are quoted at about $720 per ton to $850 per ton. Meanwhile he has called for appropriate currency transfer arrangements between the two countries to facilitate exports to Iran.
Pakistan exported about 2.05 million tons of rice (including 189,084 tons of basmati and 1.87 tons of non-basmati) in the first six months of FY 2015-16 (July - December), up about 15% from about 1.53 million tons (251,496 tons of basmati and 1.1 million tons of non-basmati) exported during the same period in FY 2014-15, according to provisional data from the Pakistan Bureau of Statistics (PBS).
Sri Lanka has granted duty free access to 102 products from Pakistan, including basmati rice, oranges and engineering goods, as part of a free trade agreement (FTA).
Bangladesh
The USDA Post forecasts Bangladesh's MY 2015-16 (May - April) milled rice production at about 34.6 million tons, slightly up from last year's 34.5 million tons, and unchanged from USDA's official estimates. It is forecasting this year's imports at about 600,000 tons, unchanged from USDA's official estimates but nearly half of last year's imports of about 1.22 million tons. The USDA Post reports that the Food Ministry recently revised procurement specifications for paddy rice, milled rice, and wheat. Under the new specifications, the only registered farmers can sell grain to the government on a first-come first-serve basis; moreover, by 2016 all rice millers must use rubber rollers and polishers.
Separately, the government of Bangladesh is planning to build five steel silos with total capacity to store about 345,000 tons of rice. The government of Bangladesh is also planning to sell about 1.5 million tons of rice and wheat at reduced prices through open market sales program as the harvest time for 2015-16 Boro rice crop (January - May) nears.
Indonesia
The USDA Post forecasts Indonesia to import about 1.15 million tons in MY 2015-16 (January - December 2016), down 15% from about 1.35 million tons in MY 2014-15 and down from USDA's official estimates of about 1.6 million tons. Bulog needs to maintain year-end stocks of about 2.5 million tons in 2015, but the stocks stood at about 1.7 million tons at the end of September. The Post estimates Indonesia's rice production at about 36.35 million tons (basis, milled) in MY 2015-16, down from about 35.56 million tons last year and up from USDA's official estimates of 36.3 million tons.
The government of Indonesia needs about 1.2 million tons of rice to maintain adequate stocks by the end of March 2016, according to the National Development Planning Minister. Meanwhile, the government of Indonesia is planning to lower 2016 paddy rice output target to 75.13 million tons from last year's 76.23 million tons, according to the Director General of Food Crops at Agriculture Ministry.
Separately, the Indonesian Agriculture Minister has ruled out rice imports in 2016 citing the Agriculture Ministry's reports that the current national stock of about 1.2 million tons was sufficient. He noted that another 3.5 million tons of rice would be added to stocks following the February 2016 harvest.
Meanwhile, Indonesia's state logistics agency Bulog has urged the government to fix its rice purchase price (Harga pokok penjualan, HPP) in accordance with the prevailing market prices.
Some senior government officials and academic experts have expressed concern that data on Indonesia's rice production and harvests is being inflated to prove that food-sufficiency targets are being met, according to Reuters. They say most of the time, agriculture officials manipulate data and show surplus production to present a rosy picture to the government and attract farm subsidies. They noted that if the numbers were correct, there would be no need for the government to import urgently 1.5 million tons of rice from Vietnam and Thailand. However, the Agriculture Ministry denied any manipulation saying it compiles rice data from several regional and central government agencies.
Central & South America
Brazil 5% broken rice ended the month of January at about $460 per ton, up about $10 per ton from  a month ago and down about $80 per ton from a year ago. The FAO forecasts Brazil's 2015 paddy rice production at about 12.44 million tons, up about 3% from about 12.122 million tons in 2014 due to an increase in acreage as well as yields. FAO's projections are in contrast to the country's National Grains Supply Company (Conab) projections. In its January 2016 forecasts for rice production, Conab forecasts the country's 2015-16 paddy rice production at about 11.921 million tons (about 8 million tons, basis milled), down about 6% from an estimated 12.436 million tons (about 8.6 million tons, basis milled) in 2014-15 due to a likely reduction in acreage. Conab's production forecast is lower than its December 2015 forecast of about 11.921 million tons (about 8.2 million tons). Meanwhile, the USDA Post forecasts Brazil MY 2014-15 (April 2015 - March 2016) milled rice production to decline to 8.4 million tons, down from USDA's official estimates of about 8.465 million tons due to heavy rains and flooding in the main rice growing region of Rio Grande do Sul. However, the production is estimated to be above 8.3 million tons in MY 2013-14. Brazil exported about 1.32 tons of rice in 2015 (January – December), up about 6% from about 1.24 million tons exported in 2014, according to data released by the Rice Institute of Rio Grande do Sul (IRGA). Brazil rice stocks stood at about 115,126 tons in December 2015, down about 3% from about 118,250 tons in November 2015 and down about 67% from about 351,860 tons in December 2014, according to the Conab.
Guyana exported about 537,334 tons of rice in 2015, up about 7.21% from about 501,208 tons in 2014; local sources quoted the Head of the Guyana Rice Development Board (GRDB). The official noted that Guyana's 2015 paddy rice production increased about 8% to about 1.06 million tons (about 687,784 tons, basis milled) from about 977,289 tons (about 635,238 tons, basis milled) in 2014. The agency is striving to help farmers boost production through developing stronger and resilient varieties of rice, according to the official. Separately, the government of Guyana has advised farmers to delay rice planting activities for the 2016 crop due to the beginning of the El Niño-induced dry season.  The government of Guyana is also planning to collaborate with a European rice company as part of its efforts to boost rice exports to the European countries.
The FAO forecasts Dominican Republic's 2015 paddy rice production at about 900,000 tons, almost unchanged at last year's level of about 899,000 tons mainly due to the good harvest from the 2014-15 main season crop (November 2014 - August 2015).
The Cuban government is likely to impose price controls on rice to address the concerns of low production and supplies. Cuban rice production is said to be impacted by the on-going drought conditions induced by the El Niño. Cuba imports about 50% of its annual rice consumption needs.
The USDA Post forecasts Mexico's MY 2015-16 paddy rice production at about 195,000 tons, down from about 261,000 tons in MY 2014-15 and down from USDA's official estimates of about 197,000 tons due to an expected decline in paddy rice area.
Five percent broken rice from Uruguay and Argentina ended the month of January at about $470 per ton, down about $40 per ton from a  month ago and down about $130 per ton from a year ago.
U.S.
U.S. 4% broken rice ended the month of January at about $470 per ton, down about $10 per ton from a  month ago and down about $30 per ton from a year ago.
The USDA raised estimates for U.S. all rice production to about 8.72 million tons from its last month’s forecast of 8.65 million tons due to an expected increase in acreage and yields. The USDA raised estimates for the U.S. all rice supplies to about 12.02 million tons, up from its last month's forecast of 11.97 million tons due to an expected increase in all rice production. Meanwhile the agency lowered estimates for U.S. all rice imports to about 1.09 million tons, down from its last month’s forecast of 1.11 million tons based on slower pace to date. The USDA increased its estimates for 2015-16 U.S. all rice ending stocks to 1.9 million tons, up from last month's forecast of 1.76 million tons due to an expected increase in the estimates of both long -grain and short- and medium- ending stocks.
Separately, a University of Arkansas (UA) economist noted that rice acreage in the U.S. state Arkansas is likely to increase about 20% in 2016 over last year. Arkansas is the largest rice producing state in the U.S. and accounts for about 50% of the total U.S. rice production. It mostly produces long-grain rice.
The U.S. and China have agreed on a protocol, which reportedly establishes the phytosanitary or pest control rules necessary to allow U.S. rice into China; the Wall Street Journal quoted the USA Rice Federation. Meanwhile, the President of the U.S. Rice Producers Association (RPA) has expressed concern over the future of U.S. rough rice exports to Mexico if the Trans-Pacific Partnership (TPP) agreement is successfully completed. The USA Rice Federation President noted that the U.S. rice industry currently has many opportunities to expand it exports,
Africa
The UN's Food and Agriculture Organization (FAO) estimates Ghana's 2015 paddy rice production to decline about 9% to about 551,000 tons from about 604,000 tons in 2014. Ghana imports over a half of its annual rice consumption demand and the government is planning to increase rice production by about 20% per annum over the next four years to make Ghana self-sufficient in rice. Ghana produced about 235,000 tons, basis milled, and imported about 417,000 tons of rice in 2014 to meet a consumption demand of about 750,000 tons, according to sources for the Crop Services Directorate.
Liberian rice importers are collaborating with USAID’s Food and Enterprise Development (FED) project to integrate locally-grown rice into their supply chains, according to local sources.
The government of Cameroon has reinstated the 5% customs duty on rice imports under the 2016 Finance Act, according to local sources. Amid concerns of increasing rice prices following the reinstating of the customs tax, the Trade Minister reportedly urged traders and distributors of production chains to maintain prices.
The USDA Post estimates South Africa's MY 2015-16 rice consumption to increase about 10% to about 970,000 tons from about 880,000 tons in MY 2014-15 due to drought reflected record corn and wheat prices. Consequently, the Post estimates South Africa's rice imports to increase about 10% to about 1.1 million tons from about 981,594 tons in MY 2014-15. India and Thailand, supply more than 92% of South Africa's rice demand.
Europe
The EU imported about 477,018 tons of rice during the period September 1, 2015 - January 26, 2016, up about 30% from about 366,417 tons imported during the same period last year.
The USDA forecasts Italy's MY 2015-16 rice production at about 1.5 million tons, up about 7.5% from about 1.4 million tons in MY 2014-15 based on the latest figures from the Italian Rice Association (Enterisi).
Separately, the Italian Ministry of Agriculture and Forestry (MIPAAF) has reportedly announced that paddy acquired from non-seed breeding companies will not be allowed in Italy. However, the MIPAAF has clarified that the paddy grown in one's own farm can be used for re-seeding purposes.
Russia's rice exports declined by about 67% to about 35,400 tons in the first five months of 2015-16 (July - November) from about 102,700 tons despite the country recording a 5.8% y/y increase in production in 2015. Russia's major importer Turkey reduced its purchases by about 89% y/y to about 7,400 tons during the five-month period from about 66,000 tons last year. The USDA Post forecasts Russia's MY 2015-16 (January - December 2016) rice exports at about 190,000 tons, up about 12% from about 170,000 tons in MY 2014-15, and unchanged from USDA's official forecasts. The Post forecasts Russia's MY 2015-16 rice imports at about 230,000 tons, up about 35% from about 170,000 tons last year, and unchanged from USDA's official forecasts. The agency forecasts Russia's MY 2015-16 milled rice production at about 720,000 tons, up about 5.5% from about 682,000 tons last year.
Other Markets
The FAO forecasts Malaysia's 2015-16 (July - June) rice imports to increase despite an increase in the 2015 rice production due to an expected increase in domestic demand. The agency forecasts Malaysia's 2015 paddy rice production to increase to about 2.694 million tons, up about 2% from about 2.645 million tons in 2014 due to increased yields, favorable weather and continued government support to the rice sector, including subsidies for agricultural inputs.
The FAO forecasts Maldives 2015-16 (January-December) rice imports at about 26,000 tons, up about 3% from about 25,243 tons in 2014-15. Maldives does not produce rice and is entirely dependent on imports to meet the domestic demand.
The government of Iraq procured 54,000 tons of rice from farmers during on on-going 2015-16 harvest season, which ended on January 07, 2016. Separately, the government of Iraq set purchase prices for rice at 900,000 dinars (about $821) per ton for "anber" quality and at 700,000 dinars (about $638) per ton for 2016-17 harvest season. The FAO estimates Iraq's 2015 paddy rice production to decline about 26% to about 300,000 tons from about 403,000 tons in 2014 due to heavy rains in major rice growing areas. The FAO estimates Iraq's 2015-16 (July-June) rice imports to be relatively lower than the average 1.3 million tons imported by the Iraqi Grain Board (IGB) due to the ongoing conflicts in the country.
The USDA forecasts 2015-16 Egyptian paddy rice production at about 5.8 million tons, down from about 6.57 million tons, and down from the five-year average of about 6.2 million tons due to poor yields.
The government of Sri Lanka is expecting paddy rice output from the 2015-16 Maha crop (September - March) at about 2.93 million tons, up about 7% from about 2.74 million tons last year. Maha rice crop accounts for about 65% of annual production in Sri Lanka. Separately, the government of Sri Lanka has hiked the import duty on rice to about 50 rupees per kilogram (about $348 per ton) from about 35 rupees per kilogram (about $244 per ton) with effect from January 31, 2016.
Research and Scientific Development:
Scientists from the Philippine Nuclear Research Institute (PNRI) have found that extracts from seaweeds can boost rice production as well protect rice plants from major pests when they are treated with slight gamma radiation.
Brunei's Department of Agriculture and Agrifood has developed a new inbred rice variety called "Brunei Darussalam Rice 5 (BDR5)" that is drought-tolerant and high-yielding.
The Philippines Department of Agriculture (DA) has introduced a new drought resistant and high yielding rice variety to cope with the effects of El Nino induced dry conditions.
A new $10 million state-of-the art facility for studying climate change effects on rice plant growth has been opened on January 21, 2016, on the campus of the International Rice Research Institute (IRRI) as part of the IRRI's efforts to achieve food and nutrition across the globe.
The National Rice Research Institute (NRRI) in India has developed a new rice variety that is enriched with higher level of protein compared to the traditional rice varieties.
Researchers from China and the U.S. have found that transgenic rice plants can provide survival strategies under drought conditions.
A team of researchers from the Cambodia-based French Research Institute for Development have found that eating fortified rice can increase the risk of hookworm infections.
Environmentalists are using rice straw to help in the regeneration of natural vegetation in Australia's mountainous region, which was lost during the construction of a hydro project in the 1950s.
January Tenders:
Colombia Rice Export Quota, Inc (COL-RICE) has announced a tender schedule for the shipping of 94,209 tons of U.S. rice (milled equivalent) to Colombia under the U.S.-Colombia Trade Promotion Agreement (TPA) as per the 2016 tariff rate quota (TRQ) for U.S.
Syria's General Foreign Trade Organization (GFTO) has issued a tender to purchase 8,113 tons of white long-grain rice of third class.
Taiwan's Council of Agriculture, Agriculture and Forest Agency (AFA) has announced the country specific quotas (CSQ) for the 2016 Simultaneous Buy and Sell (SBS) rice tender.
Egypt's state grain buyer General Authority for Supply Commodities (GASC) cancelled a tender to purchase an unspecified amount of rice.
Global Rice Quotes
February 9th, 2016
Long grain white rice - high quality
Thailand 100% B grade   380-390                ↔
Vietnam 5% broken        350-360                ↔
India 5% broken               360-370                ↔
Pakistan 5% broken        330-340                ↔
Myanmar 5% broken      415-425                ↔
Cambodia 5% broken     425-435                ↔
U.S. 4% broken                 460-470                ↔
Uruguay 5% broken        440-450                ↔
Argentina 5% broken     430-440                ↔
Long grain white rice - low quality
Thailand 25% broken      355-365                ↑
Vietnam 25% broken      340-350                ↔
Pakistan 25% broken      310-320                ↑
Cambodia 25% broken   405-415                ↔
India 25% broken             325-335                ↔
U.S. 15% broken               440-450                ↔
Long grain parboiled rice
Thailand parboiled 100% stxd     370-380                ↔
Pakistan parboiled 5% broken stxd          NQ         ↔
India parboiled 5% broken stxd                 350-360                ↔
U.S. parboiled 4% broken             480-490                ↔
Brazil parboiled 5% broken          520-530                ↔
Uruguay parboiled 5% broken    NQ         ↔
Long grain fragrant rice
Thailand Hommali 92%   690-700                ↔
Vietnam Jasmine             425-435                ↔
India basmati 2% broken              NQ         ↔
Pakistan basmati 2% broken       NQ         ↔
Cambodia Phka Mails     750-760                ↔
Brokens
Thailand A1 Super            325-335                ↔
Vietnam 100% broken   320-330                ↔
Pakistan 100% broken stxd          280-290                ↔
Cambodia A1 Super        345-355                ↔
India 100% broken stxd                 260-270                ↔
Egypt medium grain brokens      NQ         ↔
U.S. pet food     280-290                ↔
Brazil half grain NQ         ↔
All prices USD per ton, FOB vessel, oryza.com





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