14th april,2014 daily global rice e newsletter by riceplus magazine

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14th April , 2014

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Farmers suffer as rice remains unsold PH rice imports to hit 1.2M tons in 2014 Thailand to benefit from growing world rice demand, market monitors say Accelerated release of Thai rice Vietnam Apr 1-10 Rice Exports 108,902 Tons - Association Foreign sales of basmati rice pick up Interest in Thai rice is good but govt scheme was still a total shambles Thai rice subsidy program ends with a whimper India to expand irrigation to cut reliance on monsoon Nagpur Foodgrain Prices - APMC & Open Market-April 12

NEWS DETAILS: Farmers suffer as rice remains unsold

VietNamNet Bridge – Farmers in the Cuu Long (Mekong) Delta need help in dealing with large quantities of unsold rice because expected purchases have not been made under a plan to build up temporary reserves.

The Tin Tuc newspaper reported last week that ever since farmers in the region began harvesting the winter-spring crop last month, prices in the local market have fallen, except for a brief five-day surge.The Ministry of Agriculture and Rural Development (MARD) estimates output from the winter-spring crop in the region to reach 4.3 million tonnes, of which 3.2 million tonnes have been harvested thus far.To ensure stable prices and profit for the farmers, the Government had asked enterprises to purchase a million tonnes for temporary reserves from March 15.Rice prices surged on the announcement but since March 20, they have continued to drop because enterprises have not purchased enough, although they have been given quotas.

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Farmer Le Van Long of Tan Hong District in Dong Thap Province said the rice he has harvested is being stored in warehouses and several parts of his house because trading enterprises are showing no interest. He has only been able to sell his rice to individual traders so far, he said.Long as well as other farmers in Tan Hong District are hoping the Government will take steps to encourage enterprises and boost price purchases soon.Vo Van Hung, a rice trader who is a supplier for rice exporters in Thoai Son District in An Giang Province, said purchases depend on whether or not enterprises have rice export contracts. He noted that enterprises were finding it difficult to export rice.Hung's observation was echoed by Nguyen Minh Toai, director of the Can Tho City Industry and Trade Department, who said unstable import demand has directly affected the time and price of purchases by enterprises.Toai said the failure of allocation of purchase quotas and disbursement of loans that enable rice purchases to keep time with the harvest has not helped matters.Cumbersome loan procedures have only worsened the situation, he added. Thai, India factors Truong Thanh Phong, Chairman of the Viet Nam Food Association, said that last year, several enterprises purchasing rice had suffered losses because of difficulties in exporting the grain, so they were wary this year.Based on their demand, the association has distributed purchase quotas to 133 members, but these exporters are also worried by information that Thailand is about to sell its rice reserves, which would make export prices drop further. In the first quarter of this year, there has been a year-on-year reduction of 14.9 per cent in rice export volume to 1.31 million tonnes and a 10.4 per cent reduction in export value to US$616 million, according to the Ministry of Agriculture and Rural Development.It attributes the reduced export value to a fall in global prices of Vietnamese rice by $10-15 per tonne to between $355 and $505, depending on the variety and quality. Solutions sought While Trade and Industry Minister Vu Huy Hoang has said his ministry is studying solutions to deal with the current impasse, MARD has asked the MoIT, VFA and export enterprises to expand consumption markets.It has said the trade ministry should closely monitor developments the global rice market, including activities of other major exporters like Thailand and India and importers like the Philippines. It should also carry out promotion activities in China and Mexico. The agriculture ministry has also noted that under the Prime Minister's direction, the State Bank of Viet Nam has asked 14 commercial banks to advance loans at preferential interest rates to enterprises making purchases under the temporary reserves programme.Phong of the VFA said that if the Government continues this programme, enterprises can make their purchases and not suffer losses if they are unable to sell, as has happened earlier. More banks join

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Meanwhile, the State Bank of Viet Nam (SBV) has accepted two more commercial banks to join the rice reserve purchase programme to buy one million tonnes of rice from the 2013–2014 winter–spring crop.The Tien Phong and Sai Gon joint-stock banks will provide low-interest rates on loans to members of the Viet Nam Food Association, who will in turn buy paddy from Mekong Delta provinces under the national rice reserves scheme. The banks provide loans with a maximum term of six months at an annual interest rate of seven per cent between March 20 and April 30.Besides, the State exchequer will subsidise 100 per cent of the interest rate for loans used to buy paddy or rice from March 20 to July 20. Beyond this period, customers have to pay the higher interest rates required by commercial banks. Earlier, the central bank had 14 commercial banks join the paddy and rice reserves purchase programme for the 2013 – 2014 winter – spring crop.The banks are Agribank, Vietinbank, Vietcombank, BIDV, MHB, Techcombank, SHB, Oceanbank, OCB, Eximbank, MB, LienVietPostBank, ACB and HDBank.The plan to purchase one million tonnes of rice for reserves was approved by Prime Minister Nguyen Tan Dung at a conference in Can Tho on March 15.At the conference, the central bank pledged a credit package of VND8 trillion (US$376 million) for businesses involved in purchasing rice for reserves.It also planned to offer loans at preferential interest rates (7 per cent per annum for two- to three-year loans) for enterprises involved in largescale rice production, seafood processing and exports, and to those applying advanced technology. According to the deputy director of Dong Thap Province's Department of Agriculture, Phan Kim Sa, 11 businesses in the province taking part in the rice reserve programme plan to purchase 85,000 tonnes of rice from the 2013– 2014 winter – spring crop. These firms have fullfilled over 50 per cent of the rice purchase targets.However, in some remote areas, businesses were reluctant to purchase paddy from farmers, causing paddy prices to fall slightly last week.The Ministry of Agriculture and Rural Development expects the Mekong Delta to produce 8.6 million tonnes of rice this year, including 4.3 million tonnes from the 2013-14 winterspring crop. Source: VNS

Farmers, Cuu Long Delta, Dong Thap, Can Tho, rice Image :Workers stock rice at the Vinafood2 warehouse in Can Tho City.

PH rice imports to hit 1.2M tons in 2014 NFA sets import tender for 800,000 MT this month By Ronnel Philippine Daily Inquirer

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4:28 am | Monday, April 14th, 2014

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Domingo


MANILA, Philippines—A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO).In its first rice forecast issued this year, the FAO predicted a 5.4-percent rise in the volume of cross-border trade to reach 39.3 million MT from the estimated 37.3 million MT in 2013.―That is an increase of more than one million tons on the 38 million tons foreseen just four months ago—a new high,‖ FAO assistant director general Hiroyuki Konuma said in a statement.On top of that, global yearend inventory of milled rice is expected to grow for the ninth consecutive year to an estimated 180.5 million tons in 2013, 3.2 percent higher than the volume at the end of the previous year.―Given expectations of an overall ample supply in major exporting countries, these harvests could exert additional pressure on export quotations,‖ the report said. ―Against this backdrop, buying decisions will play an important role,‖ it added. ―The government of the Philippines has already announced plans to conduct an import tender in April.‖The National Food Authority has called for tenders for a total of 800,000 MT, the biggest volume in a year so far during the Aquino administration.With some 400,000 MT having arrived as part of a previous tender that closed last December, the Philippines expects a total of at least 1.2 million MT in 2014.With only 700,000 MT brought in during 2013, Philippine imports are expected to balloon by at least 70 percent this year.Based on the FAO forecast, the Philippines would account for the eighth-largest import volume in 2014.China is expected to remain as the biggest rice importer, with shipments seen rising to 3.3 million MT from the estimated 2.7 million MT imported last year. According to the FAO, the other big importers are Nigeria (2.8 million MT), Iran and Iraq (1.5 million MT each), Saudi Arabia and South Africa (1.4 million MT each), and Cote d’Ivoire (1.3 million).However, among the top importers, the Philippines showed the biggest yearly increase in inbound shipments.The UN agency noted that ample supply in exporting countries, due to large harvests adding to large inventories, were intensifying competition for markets.The FAO’s latest Rice Market Monitor report point to a third consecutive season of subdued growth in global palay output, pencilled in at 0.8 percent over the 2013 estimate to reach 751 million tons this year. Image: A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO). Photo taken from agriculture-ph.com

Thailand to benefit from growing world rice demand, market monitors say Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874


The Nation April 14, 2014 1:00 am

Despite climatic shifts and natural disasters plaguing some rice producing countries, the 2013 season has produced more rice than expected, adding to the ninth straight year of rice surplus or 'carry over,' the UN's Food and Agriculture Organisation (FAO) reported recently.And in terms of exports, Thailand is expected to capture much of the expected expansion in world demand and remain the world's No.2 exporter after India in 2014.As farmers in many countries begin the last harvests of the 2013 season, several countries have raised their 2013 production estimates above those reported in November. They included China, India, Pakistan and the Philippines, which had endured a number of climatic setbacks, but where damage to crops was said to have been less severe than previously thought, according to the FAO's first Rice Market Monitor (RMM) report for 2014.Prospects also improved for Colombia, Indonesia, Iran, Japan, Nepal, Sri Lanka and Tanzania, while they deteriorated for Cambodia, Laos, Myanmar and Russia, according to the report."Overall, the revisions translated into a 3.5-million tonne upgrade of 2013 global paddy rice production to 744.9 million tonnes (496.6 million tonnes, milled basis), which makes for a 1.1 per cent increase from the previous season, and renewed again an historic world record harvest," said Hiroyuki Konuma, FAO assistant director-general and regional representative for Asia and the Pacific. While the damage caused by floods, storms and other erratic weather in Asia and the Pacific took a toll in 2013, the report warns that, going forward, "climatic events affecting the development of 2014 season crops, such as the potential El Nino event, are also likely to influence market sentiment."FAO's first global production forecast for 2014 predicts a third consecutive season of subdued growth. "Global paddy production in 2014 could reach 751 million tonnes (500.7 million tonnes, milled basis), 0.8 per cent more than currently estimated for 2013," the RMM reports.Based on the latest estimates, global rice stocks carried over into 2014 are set to rise for the ninth consecutive year, reaching 180.5 million tonnes (milled basis), 1.5 million tonnes more than foreseen in November, and 3.2 per cent above their opening level in 2013. Developing countries would be responsible for the entire increase in stockpile.Combined, the five major rice exporters (India, Pakistan, Thailand, the United States and Vietnam) remain projected to end their individual 2013/14 marketing years with 3 per cent more on reserve, or 48.4 million tonnes.

Accelerated release of Thai rice Much of this rice stock growth would reflect larger holdings in Thailand supported by an overall good harvest and official procurement under the main-crop round of the 2013/14 paddy-pledging programme. Nevertheless, reserves in the country are forecast to end down 1.1 million tonnes in 2014, lower than previously envisaged, at 19.3 million tonnes, consistent with the country's improved outlook for exports in 2014, following the accelerated pace of government stock releases since the latter half of 2013 and the suspension of the secondary

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crop round of the scheme.Overall, three of the five major rice exporting countries (Pakistan, Thailand and Vietnam) are expected to continue to build up their reserves, but that will be compensated globally by a drawdown in the other two major exporters, India and the United States. As a result of these changes, the world stock-to-use ratio, a key indicator of food security, is predicted to rise from 35.7 per cent in 2012-13 to 35.9 per cent in 2013-14. In light of the higher expected availabilities and sustained declines in Thai export quotations, FAO anticipates Thailand to raise its level of exports to 8.7 million tonnes, 200,000 tonnes more than last projected and 2 million tonnes above the 2013 poor performance."Given expectations of an overall ample supply in major exporting countries, these harvests could exert additional pressure on export quotations. Against this backdrop, buying decisions will play an important role. The government of the Philippines has already announced plans to conduct an import tender in April," the report notes.The return of other important buyers could mitigate the downward pressure on prices. According to FAO's price sub-index, the price of high quality Indica rice declined by 2.4 per cent in March.Among major rice importing countries, China is expected to renew its status as the world's No 1 rice importer with imports expected to increase to 3.3 million tonnes in 2014, while the Philippines and Indonesia are expected to increase their imports of rice by around 60 to 70 per cent in 2014 to 1.2 million tonnes and 1.1 million tonnes, respectively. Malaysia's rice import is projected to remain at the level of 1.1 million tonnes this year. ."On the policy front, decisions in Thailand concerning government support to the rice sector will hold particular sway, as will the pace with which officials continue the disposal of public stocks," the report adds.Since its last report in November, the RMM has lifted its estimate for global rice utilisation in 2013-2014 by one million tonnes to more than 490 million tonnes (on a milled basis), an increase of 2.5 per cent on the previous year. That figure could rise to 502 million tonnes in 2014-2015. While human consumption accounts for most of the increase (83 per cent), other uses, such as animal feed are also expected to increase.While surpluses continue to grow even with modest production increases, international trade in rice is forecast to make a recovery in 2014."FAO is predicting that 2014 will experience a 5 per cent jump in international trade of rice," said Konuma. "That is an increase of more than one-million tonnes on the 38 million tonnes foreseen just four months ago - a new high."On the supply side, ample availabilities in exporting countries, following large harvests and inventories, are intensifying competition for markets. Amid sustained efforts to curb its public inventories, Thailand is expected to capture much of the expansion in world demand. "Larger deliveries by these countries would come at the expense of reduced exports by India, which may, nonetheless, retain its number one position among exporters." According to the report, India is expected to retain its No 1 rice exporter position in 2014 with estimated rice export of 9.5 million tonnes in 2014, followed by Thailand (8.7million tonnes) and Vietnam (7.2 million tonnes).

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April 13, 2014, 10:50 p.m. ET

Vietnam Apr 1-10 Rice Exports 108,902 Tons - Association By Vu Trong Khanh HANOI--Vietnam exported 108,902 metric tons of rice valued at $50 million between April 1-10, Vietnam Food Association said Monday.It exported 1.32 million tons of rice valued at $578 million between Jan. 1-Apr. 10, the association said in its weekly report.Vietnam was the world's third-largest rice exporter last year behind India and Thailand. The country exported 6.7 million tons in 2013--down from 2012's record 7.72 million tons. It aims to export between 6.5 million and 7.0 million tons this year. Write to Vu Trong Khanh at trong-khanh.vu@wsj.com

Foreign sales of basmati rice pick up AHMAD FRAZ KHAN Updated 2014-04-14 12:58:41

Pakistan’s basmati exports have risen sharply in the last few months. According to the Rice Export Association Pakistan, the late surge in exports has resulted in a substantial increase of 29pc in quantity and 55pc in dollar earnings during the first eight months of the current fiscal year. From July to February, Pakistan was able to export 424,053 tonnes against 328,373 tonnes for the same period lat year, earnings rising to $494m from $319m last year.The development is attributed to the Indian failure on two fronts – price and quality. The Indian basmati prices rose for some domestic reasons, making them more expensive in international market. This price increase made Pakistani rice competitive. During the same period, many Indian rice consignments, according to media reports were rejected at some American and European destinations.

However, with a strong rupee, rice exports have become expensive by almost Rs7 per kilogram. Though good for exporters and bad for farmers, the fall in domestic price may compensate rupee appreciation. It would, however, have its own social and financial affect on farmers and political burden for government.According to the Food and Agriculture Organisation (FAO), rupee appreciated by about 7pc – from around Rs104.3 per dollar on February 28 to Rs97.2 on March 14. This appreciation, exporters fear, would slow down exports in the weeks to come. But as stated by the FAO, in terms of local currency, the average export prices declined in March to around Rs131,978 per tonne, down by about 6pc, from around Rs140,731 per tonne in February. The currency appreciation might decide the quantum and frequency of exports in days to come.

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Pakistani exports are vulnerable to highly competitive Indian basmati and the current window of opportunity may not remain open for long. Pakistan was virtually driven out of the Iranian market by the Indian exporters till the Indians developed some quality issues with the Iranian authorities, giving Pakistani basmati some space. Pakistan needs to make productivity, quality and price of basmati rice globally competitive to have a stable export market particularly for branded products.Pakistani planners and exporters need to realise that all those countries, which have made name in exports, started with development of their domestic markets. They created quality rules for local markets, made the private sector developed domestic brands and, once the domestic supply chain was modernised, took those brands to the international market.

None of the world brands were created in the world markets and taken back to home. Pakistan hugely suffers on this front.Very few domestic players have invested in local brands. Government officials blame it on business myopia for short gains, whereas the private sector bemoans absence of legal and administrative setup to ensure such quality rules. But, the net result remains the same; the domestic brands are focused on domestic clientele. Some brands have developed local presence, and a few are struggling to get a foothold in the international market. Much more strenuous efforts need to put in by all relevant quarters to stabilise basmati on its own competitive strength.

Interest in Thai rice is good but govt scheme was still a total shambles April 13, 2014 1:00 am

Re: A mountain off our shoulders, Letters, April 11.I agree with Robin Grant that the news about several countries showing an interest in Thai rice is good for the country.However, I wouldn't say this has proved critics of the government's rice-pledging scheme wrong.First, no deals have been finalised yet. Some country with a rice glut might come up with better prices than that of Thailand.Second, even if we can export up to 12 million tonnes of rice this year, it will mean only part of the country's rice problem is alleviated. The Bt500 billion loss that the scheme has incurred will never be returned.Third, the Yingluck government is still secretive about how much rice it has in stock. Thus, decomposed and unaccounted for rice as a result of carelessness and corruption could be as much as three million tonnes, or even more.Hence, a lesson must be learned from this costly ricepledging scheme. Vint Chavala Bangkok

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Thai rice subsidy program ends with a whimper By Asia Sentinel Apr 12, 2014 6:15PM UTC Workers unload rice from a truck in northeastern Thailand. Pic: AP.Disastrous support scheme was put in place for political rather than economic reasons Thailand has largely ended its disastrous scheme to subsidize rice farmers, having lost the country’s position as the world’s biggest exporter and left it an estimated US$2 billion in the hole with vast amounts of rice deteriorating in warehouses. The prime minister faces corruption charges and rebellion from angry farmers who form the backbone of her party’s rural support.From the time the program was put into effect in 2011, economists were predicting it would end in fiasco. It has. Farmers and traders have now returned to the commercial markets. Given that the power base of the ousted fugitive former Premier Thaksin Shinawatra and the surrogate governments he was running from outside the country was in Thailand’s rural north and east, the plan was to buy farmers’ loyalty by paying them 40 to 50 percent over the global price for their rice and holding it off the market.The assumption was that since Thailand was the world’s biggest rice exporter and that US production was sharply off in 2011, the combination of the shortage and Thailand’s absence from the global market would drive prices sky high and allow the government to sell what it had bought from the farmers at the new price.Thailand had been the world’s biggest rice exporter since 1932, exporting 9.03 million tonnes in 2009. By 2013, exports had dropped by more than 3 million tonnes because the rice the government had accumulated was economically unsaleable. India and Vietnam and India, both recognizing an opportunity to be exploited, raised their export levels, selling at largely the prevailing market price after a short bump upwards while Thailand was stuck with uncompetitive stocks.India thus pushed Thailand into second place as global exporter, only slightly ahead of Vietnam, exporting 6.72 million tonnes in 2013 to 6.7 million tonnes for Vietnam.The program also left the Pheu Thai government with a growing surplus that eventually hit more than 12 million tonnes, much of it facing quality issues from deterioration. The government is still believed to be holding as much as 10 million tonnes, which it is trying to sell at a rate believed to be 20-30 percent below its purchase price.From the start, Thai farmers, seeing the riches to be made from selling rice to the government at substantial levels over the global price, began planting from border to border of their farms. Middlemen and rice traders are believed to have cleaned up through corruption. Some traders were caught trucking in cheap rice bought in Myanmar and selling it to the Thai government. Continue reading at Asia Sentinel

India to expand irrigation to cut reliance on monsoon BY MAYANK BHARDWAJ AND RATNAJYOTI DUTTA

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NEW DELHI Mon Apr 14, 2014 1:37pm IST

(Reuters) - India plans to expand its farmland under irrigation by at least a tenth in the next three years, potentially boosting grains output by an equal proportion in the world's second-biggest rice and wheat producer, a top government official told Reuters.The extra irrigated area would cut India's dependence on annual monsoon rains that water crops grown on nearly half of the country's farmlands. Rice, cane, corn, cotton and soybean are the main monsoon crops.Crop yields on irrigated farms are usually 2-2.5 times those in rain-fed areas. Better yields would boost exports after India shipped large quantities of rice and wheat in recent years. "We have around 97 million hectares under irrigation and it's slated to go up by 10 percent by 2017. Eventually, the potential is to take this forward by almost half to 149 million hectares," A.B. Pandya, chairman of the staterun Central Water Commission, said in an interview on Monday. Higher output and productivity will also raise rural income, stoking demand for an array for consumer goods ranging from lipsticks to refrigerators.Although agriculture's share in India's nearly $2 trillion dollar economy has steadily fallen to 14 percent, the sector continues to employ more than half of its 1.2 billion people.If India manages to realise its irrigation potential, almost three-quarters of its 199 million hectares of arable land would be irrigated, leaving just a quarter dependent on monsoon rains. RESERVOIRS NEEDED A wide range of geographies, climatic conditions and crop patterns will prohibit India from raising irrigation facilities beyond its optimum potential of 149 million hectares."I don't have an answer when are we going to realise our full irrigation potential. To realise that potential, we need new reservoirs to raise storage capacity to 450 billion cubic metres from the current 250," Pandya said.It would cost around 10,400 billion rupees ($173 billion) to boost reservoir capacity, he said.While there is no dearth of resources, issues such as land acquisition, resettlement and environmental clearances remain a prickly problem in building new reservoirs, said Pandya and his colleagues at the Ministry of Water Resources. A number of mining and industrial projects, including POSCO's $12 billion Indian steel plant have been stuck in a quagmire of legal and environmental procedures.Also, there has been stiff opposition to big dams in India that Pandya believes is a major constraint in realising the country's true irrigation potential."The voluntary groups that are opposed to dams try to couch their argument in a way that looks scientific but their basic assumption is wrong," he said.A major project to construct dams in the upper Yamuna has been stuck for the past 20-30 years, Pandya said, referring to the river that flows through the capital New Delhi. Agriculture may become more resilient because of the extra area under irrigation but the monsoon will continue to play a major role in supporting farmers' income and replenishing reservoirs.Heavy rains at the tail end of the last monsoon season have ensured water levels at 42 percent of total capacity in India's main reservoirs, a fifth

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higher than a year earlier and a third more than the 10-year average."More than satisfactory water levels at our reservoirs are very reassuring, especially when the new monsoon season is just round the corner," Pandya said. ($1 = 60.12 rupees) (Editing by Douglas Busvine and Richard Pullin) Image: A farmer plants rice saplings in a paddy field against the backdrop of pre-monsoon clouds in Amritsar June 13, 2013.

Nagpur Foodgrain Prices - APMC & Open Market-April 12 Sat Apr 12, 2014 2:18pm IST

Nagpur, Apr 12 (Reuters) - Gram and tuar prices in Nagpur Agriculture Produce and Marketing Committee (APMC) recovered further on increased buying support from local millers amid thin supply from producing regions. Healthy rise on NCDEX, weak overseas supply and good rise in Madhya Pradesh pulses also helped to push up prices, according to sources. * * * * FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market but demand was poor. TUAR * Tuar gavarani moved down in open market in absence of buyers amid poor quality arrival. * Rice HMT Shriram and rice Chinnor moved down sharply in open market here on lack of demand from local traders amid increased supply from producing regions like Chhattisgarh and Madhya Pradesh. * In Akola, Tuar - 3,900-4,100, Tuar dal - 6,100-6,300, Udid at 6,100-6,500, Udid Mogar (clean) - 7,200-7,700, Moong - 8,500-8,700, Moong Mogar (clean) 9,800-10,500, Gram - 3,200-3,300, Gram Super best bold - 3,800-4,200 for 100 kg. * Wheat, other varieties of rice and other commodities remained steady in open market in thin trading activity, according to sources. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg

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FOODGRAINS Available prices Previous close Gram Auction 2,330-3,100 2,250-3,060 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction 4,300-4,390 4,250-4,300 Moong Auction n.a. 6,100-6,300 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 4,000-4,200 4,000-4,200 Gram Super Best n.a. Gram Medium Best 3,700-3,800 3,700-3,800 Gram Dal Medium n.a. n.a. Gram Mill Quality 3,600-3,700 3,600-3,700 Desi gram Raw 2,700-2,850 2,700-2,850 Gram Filter new 3,100-3,500 3,100-3,500 Gram Kabuli 8,800-10,700 8,900-10,900 Gram Pink 7,900-8,300 7,900-8,300 Tuar Fataka Best 6,600-6,700 6,600-6,700 Tuar Fataka Medium 6,200-6,300 6,200-6,300 Tuar Dal Best Phod 6,000-6,150 6,000-6,150 Tuar Dal Medium phod 5,900-6,050 5,900-6,050 Tuar Gavarani 4,400-4,550 4,500-4,600 Tuar Karnataka 4,600-4,700 4,600-4,700 Tuar Black 7,800-8,000 7,800-8,000 Masoor dal best 6,200-6,400 6,200-6,400 Masoor dal medium 5,900-6,150 5,900-5,150 Masoor n.a. n.a. Moong Mogar bold 10,500-11,000 10,500-11,000 Moong Mogar Medium best 10,100-10,400 10,100-10,400 Moong dal super best 9,500-9,700 9,500-9,700 Moong dal Chilka 8,900-9,200 8,900-9,200 Moong Mill quality n.a. n.a. Moong Chamki best 9,000-10,000 8,700-9,600 Udid Mogar Super best (100 INR/KG) 7,500-8,000 7,500-8,000 Udid Mogar Medium (100 INR/KG) 6,000-6,800 6,000-6,800 Udid Dal Black (100 INR/KG) 5,200-5,400 5,200-5,400 Batri dal (100 INR/KG) 4,500-6,000 4,500-6,000 Lakhodi dal (100 INR/kg) 3,050-3,100 3,050-3,100

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Watana Dal (100 INR/KG) 3,350-3,450 3,350-3,450 Watana White (100 INR/KG) 3,400-3,500 3,400-3,500 Watana Green Best (100 INR/KG) 4,800-5,100 4,800-5,100 Wheat 308 (100 INR/KG) 1,600-1,800 1,600-1,800 Wheat Mill quality(100 INR/KG) 1,700-1,750 1,700-1,750 Wheat Filter (100 INR/KG) 1,600-1,800 1,600-1,800 Wheat Lokwan best (100 INR/KG) 2,000-2,400 2,000-2,400 Wheat Lokwan medium (100 INR/KG) 1,850-1,950 1,850-1,950 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,000-3,700 3,000-3,700 MP Sharbati Medium (100 INR/KG) 2,400-2,900 2,400-2,900 Wheat 147 (100 INR/KG) 1,600-1,700 1,600-1,700 Wheat Best (100 INR/KG) 1,700-1,750 1,700-1,750 Rice BPT new(100 INR/KG) 2,650-2,800 2,650-2,800 Rice BPT old (100 INR/KG) 3,200-3,600 3,200-3,600 Rice Parmal (100 INR/KG) 1,700-1,850 1,700-1,850 Rice Swarna old (100 INR/KG) 2,700-2,800 2,700-2,800 Rice Swarna new (100 INR/KG) 2,300-2,500 2,300-2,500 Rice HMT new (100 INR/KG) 3,800-4,200 3,800-4,200 Rice HMT old (100 INR/KG) 4,400-4,600 4,400-4,600 Rice HMT Shriram (100 INR/KG) 5,000-5,500 5,400-5,800 Rice Basmati best (100 INR/KG) 12,000-13,500 12,000-13,500 Rice Basmati Medium (100 INR/KG) 6,500-9,000 6,500-9,000 Rice Chinnor (100 INR/KG) 5,500-6,000 5,700-6,100 Rice Chinnor new (100 INR/KG) 5,100-5,600 5,100-5,600 Jowar Gavarani (100 INR/KG) 1,400-1,600 1,400-1,600 Jowar CH-5 (100 INR/KG) 1,700-1,800 1,700-1,800 WEATHER (NAGPUR) Maximum temp. 39.9 degree Celsius (103.8 degree Fahrenheit), minimum temp. 20.4 degree Celsius (68.7 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : nil FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 41 and 21 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.)

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874


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