15th July, 2014
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TOP Contents - Tailored for YOU Latest News Headlines…
Oryza Global Rice Quotes Italy Rice Producers Protest Duty-Free Imports in front of Grain Exchanges How Did Turkey Obtain a Top Global Rice Yield? Could Promoting the Use of Local Rice Varieties Be the Answer for Tackling Poverty and Climate Change? Hugo Chavez’s Daughter Named in Sensational Argentinian Rice Scandal Oryza Rice Currency Analysis for Today – Brazil Real Advances 0.4% Oryza Shares Press Release: MS Swaminathan, Saina Nehwal named ICRISAT Goodwill Ambassadors Vietnam Exports 3.182 Million Tons of Rice in January 1 - July 10, 2014 Thailand NACC to Expedite Investigations Against Former Ministers High Rice Prices on the Open Market Boost Indians’ Dependence on Subsidized Rice, Finds 2011-12 NSSO Survey Bangladesh Milled Rice Production Reaches 34.449 Million Tons in FY 2013-14; Up 2.7% from Last Year
News Detail…
Oryza Global Rice Quotes July 14th, 2014 Long grain white rice - high quality Thailand 100% B grade 435-445
↑
Vietnam 5% broken
425-435
↑
India 5% broken
430-440
↔
Pakistan 5% broken
435-445
↔
Cambodia 5% broken
440-450
↔
U.S. 4% broken 550-560
↔
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Uruguay 5% broken
625-635
↔
Argentina 5% broken
620-630
↔
Long grain white rice - low quality ↔
Thailand 25% broken
NQ
Vietnam 25% broken
375-385
↑
Pakistan 25% broken
380-390
↔
Cambodia 25% broken 410-420
↔
India 25% broken
390-400
↔
U.S. 15% broken
530-540
↔
Long grain parboiled rice Thailand parboiled 100% stxd
440-450
Pakistan parboiled 5% broken stxd
↑
435-445
India parboiled 5% broken stxd 415-425
↔
U.S. parboiled 4% broken
630-640
↔
Brazil parboiled 5% broken
NQ
↔
Uruguay parboiled 5% broken
NQ
↔
↔
Long grain fragrant rice Thailand Hommali 92% 985-995
↔
Vietnam Jasmine
↑
585-595
India basmati 2% broken
NQ
↔
Pakistan basmati 2% broken
NQ
↔
Cambodia Phka Malis
845-855
↔
Brokens Thailand A1 Super
NQ
↔
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Vietnam 100% broken
340-350
Pakistan 100% broken stxd
↑
335-345
350-360
↔
India 100% Broken stxd 315-325
↔
Egypt medium grain brokens
NQ
↔
U.S. pet food
↔
Cambodia A1 Super
470-480
Brazil half grain
NQ
↑
↔
Medium grain milled U.S. Calrose 4% broken 1025-1035 Egypt medium grain 6% NQ
↔
↔
All prices USD per ton, FOB vessel, oryza.com
Italy Rice Producers Protest Duty-Free Imports in front of Grain Exchanges Jul 14, 2014
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Demonstrations by Italy‟s rice producers against duty-free rice imports from EBA countries continue. Yesterday in Novara Italy tractors and flags blocked the grain exchange for the whole morning. About 200 rice growers, millers and brokers were present. The event was organized by the union Agrinsieme, together with Airi, the Association of rice millers, and new association of rice brokers, Medi@rice. Today another growers' union, Coldiretti, will be in Rome to meet the Minister of Agriculture, Maurizio Martina, while other rice growers from the union Agrinsieme will stop activity in two other Italian exchanges quoting rice, located in Pavia and Vercelli. Tomorrow the same thing will happen in Milan, and on Friday in Mortara. The request is to press politicians to applya safeguard clause against zero duty import to protect the European rice sector.
How Did Turkey Obtain a Top Global Rice Yield? Jul 14, 2014
It took Turkey around two decades to increase its average rice yields from four to five tons per hectare and just over another two decades to move up to six tons by the year 2000. However, in just over one decade, Turkey has increased it average rice yields from six to nine tons, increasing yields by 50 percent. In a time when the global rice yield growth rates have been following a decreasing trend, this is certainly an impressive achievement. The source of this achievement is seen as Turkey‟s move away from growing foreign rice varieties to Turkish high yielding varieties derived from cross breeding introduced varieties. In the mid-1990s, Turkey was growing mainly foreign rice varieties. However by 2007, just one Turkish rice variety accounted for 80 percent of Turkey‟s entire rice production. This variety is called Osmancik-97 which is not only high yielding under optimal conditions, but can also tolerate one of the Turkish rice industry‟s most destructive production constraints – blast which is a disease which infects the rice plant and causes it to stop producing seed. The Turkish government‟s support to the domestic rice industry has also played a major role which has included expanding access to irrigation, subsidizing electricity and providing premiums to domestic rice farmers for their rice crop as well as the increased adoption of machinery such as combine harvesters by smallholders and extension support to help farmers with optimizing their use of fertilizers. The case of Turkey demonstrates that such an achievement does not simply happen but requires government financial support. It is therefore important to bear in mind that the continuation of a successful industry no doubt requires a continuation of government support.
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Could Promoting the Use of Local Rice Varieties Be the Answer for Tackling Poverty and Climate Change? Jul 14, 2014
Oryza.com Some of the world‟s most vulnerable farmers are faced with the challenge of simultaneously reducing the environmental impact of their current farming practices while improving their standard of living by increasing their income. It‟s a daunting task, but a network of Philippine rice farmers under the banner of MASIPAG claim to have been doing this for years. MASIPAG has a membership of around 35,000 rice farmers who use organic farming practices and only use local rice varieties for the purpose of promoting biodiversity but also as a strategy for adapting to climate change. The organization was founded at the time of the green revolution when high yielding rice varieties which required heavy inputs were being adopted throughout the Philippines. MASIPAG was concerned with the effects of the use of chemical pesticides and fertilizers on the environment which we now know can contribute to environmental destruction such as soil depletion and biodiversity loss. However, MASIPAG is not only concerned with the ecological aspects of rice farming but the economics of it as well. Independent studies have reported that there is no difference in rice yields between MASIPAG‟s organic farmers and Philippine rice farmers following conventional practices, despite their use of synthetic fertilizers. In terms of profit, in 2007 organic rice farmers earned 23,599 pesos (about $544) per hectare on average compared to conventional farmers who earned 15,643 pesos (about $360) per hectare. Such as huge difference can be explained by the need of conventional farmers having to pay off loans for chemical pesticides and fertilizers and seeds which can also get farmers into debt. MASIPAG has what it calls „farmer-researchers‟ who are regular members which take responsibility for breeding local seed varieties to improve their tolerance to climatic factors like drought and flooding. These new locally adapted varieties are then shared to the rest of MASIPAG‟s members. So far, MASIPAG has developed 7 flood tolerant varieties, 17 drought tolerant varieties, 19 saline tolerant varieties, and 23 pest or disease tolerant varieties as well as nurturing hundreds of traditional rice varieties for maintaining the local diversity of seed.
Hugo Chavez’s Daughter Named in Sensational Argentinian Rice Scandal Jul 14, 2014
María Gabriela Chávez, daughter of late Venezuelan President Hugo Chávez, has been named in a sensational rice scandal involving the Argentinean rice company called Bioart. She reportedly facilitated the import of
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37,000 tons of rice at an inflated price to Venezuela, according to a report in Argentina‟s leading newspaper Clarin.Fedenar, Argentina's National Federation of Rice Entities, has complained about the scam to the government. It argued that Bioart was not even a rice producer and barely five years old with no experience in corn or rice exports and therefore did not deserve to win the contract for the rice supplies.Media reports stated that the rice company‟s owners had direct dealings with De Vido, Minister of Planning and Public Investment, Carlos Cheppi, Argentinean ambassador to Venezuela, and Ms. Chávez.The deal dates back to May 2013 when Argentina signed an agreement with Venezuela committing to a purchase of 80,000 tons of rice from Venezuela. The governor of Entre Ríos province in Argetina, Sergio Urribarri, announced that the sale would be conducted by the rice farmers themselves without intermediaries. But eventually, the permit to export the grain was given only to Bioart. Media reports said that entire rice deal seems murky especially since Maria announced her friendship with Roberto Vignati, who represented Bioart, over Twitter a few weeks before the deal was sealed. Bioart was allowed to sell rice at US$606.50 per ton while the market value was $350-380. The price on Bioart‟s exports ($606.5 per ton) was double that of Brazil ( $300) and Uruguay ($337 per ton of rice). In 2014, Bioart managed to sell 40,000 tons of rice to Venezuela at nearly 80 percent higher than the market rate and earning a total of $16 million. The Chamber of Industrial Rice Growers of Entre Ríos said that the murky business agreement has hurt many Argentinians while benefitting only a select few entrepreneurs and intermediaries of the rice deal.
Oryza Rice Currency Analysis for Today – Brazil Real Advances 0.4% Jul 14, 2014
Oryza.com U.S. dollar index was almost unchanged from the open today, when it traded at 80.185 at the close.
Euro was stronger +0.08% by the close, trading around 1.3619 by end of day, after trading between an intraday high of 1.3640 and low of 1.3597. Thai baht was unchanged, trading at 32.140 at the close of business. Indian rupee was weaker -0.23% at 60.0750. Brazilian real was stronger +0.38% at 2.2129 reais per dollar.
Pakistan rupee was -0.07% weaker at 98.7720. Vietnamese dong was stronger +0.05% at 21190. Mexican peso was stronger +0.24% today, when it traded at 12.9636 pesos per dollar by the close of business. Chinese yuan was weaker -0.04% at 6.2059. Argentine peso was weaker -0.02% at 8.1516 pesos per dollar.
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Oryza Shares Press Release: MS Swaminathan, Saina Nehwal named ICRISAT Goodwill Ambassadors Jul 14, 2014
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has named Professor MS Swaminathan, renowned agricultural scientist and Father of India's Green Revolution, and Ms Saina Nehwal, Olympic medalist, ace badminton player and youth icon of India, as ICRISAT Ambassadors of Goodwill.The recognition was conferred to them by ICRISAT Director General Dr William D Dar in a momentous ceremony held today at the ICRISAT global headquarters in Hyderabad, Telangana, India.As ICRISAT Ambassadors, Prof. Swaminathan and Ms Nehwal have agreed to champion the Institute‟s mission to make a difference by promoting science-based agricultural solutions in the fight against poverty, hunger, malnutrition and environmental degradation in the dryland tropics of the world.“Inclusive agriculture is the key to a prosperous, food secure and resilient dryland tropics,” said Prof Swaminathan. “By giving smallholder farmers access to technologies and connecting them to markets, they will have options for a more profitable and resilient agriculture towards achieving sustainable food, nutrition, economic and environmental security,” he continued. “ICRISAT plays an important role in this through its inclusive market-oriented development strategy, particularly focusing on the need to empower resource-poor farmers in marginalized environments.I am therefore pleased and proud to be an Ambassador of Goodwill for the works and initiatives of ICRISAT.”Prof. Swaminathan also recognized ICRISAT‟s more than four decades of commitment and dedicated service to the most underprivileged sector of the world – the poor in the drylands. He highlighted challenges and opportunities facing the Institute, such as the need for crop biofortification to combat „hidden hunger‟ caused by micronutrient deficiencies prevailing in the developing world; and science communication to inform, educate and mobilize the public on the importance of scientific innovations in the fight against poverty and hunger, and for decision makers to come up with supportive policies. Prof. Swaminathan is currently Emeritus Chair of the MS Swaminathan Research Foundation (MSSRF), and was one of the architects of ICRISAT‟s creation in 1972."Being asked to serve is truly humbling, and the chance to make a real difference is not an opportunity that everyone is given. I proudly accept the role of ICRISAT Ambassador, and hope to inspire and encourage particularly the youth in seeing the uniqueness and importance of the works and initiatives of ICRISAT,” said Ms Nehwal. “As an athlete, I hope I can help make people understand and appreciate the nutritional importance of ICRISAT crops such as millets and sorghum, and grain legumes such as chickpea, pigeonpea and groundnut. I strongly believe these crops are important for both poor farmers and consumers because of their high nutritional value and for a diverse diet and farming, and are critical in fighting malnutrition and food insecurity,” she continued. “Millets and sorghum, and grain legumes are good sources of endurance or energy and protein for athletes like me. Basing on scientific evidences, I will lend my voice in promoting the value of dryland cereals and grain
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legumes for the health and well-being of the rural poor, especially women and children,” Ms Nehwal stressed.“We cannot be any prouder of all our Ambassadors of Goodwill, now joined by Prof Swaminathan and Ms Nehwal,” said Dr William D Dar, ICRISAT Director General.
Dr Dar continued that “ICRISAT‟s success in its more than four decades of existence has been through our partners and supporters – people and institutions we work closely with globally in making the poor, smallholder farmers‟ food and nutrition security and improved livelihoods firmly at the center of our activities.” “The world will have to feed 10 billion people by 2050. Today, a billion people are hungry and about 3 billion are not eating well. To overcome poverty, hunger, malnutrition and environmental degradation, science is an essential component that must be behind all our efforts. We are pleased and proud to have Prof. Swaminathan and Ms Nehwal as our Ambassadors to work closely with us and serve as our voices, in order to make a difference for the poor in the drylands,” Dr Dar added. The ICRISAT Ambassadors of Goodwill program was launched in May 2013 with the acceptance of Mr Bill Gates, Co-Chair of the Bill & Melinda Gates Foundation, to become the first Ambassador during his visit to the ICRISAT global headquarters.
Mr Bill Gates has since been joined by Dr APJ Abdul Kalam, renowned scientist and 11th President of India; Rt. Hon. James Bolger, former Prime Minister of New Zealand; Dr Akinwumi Adesina, Minister of Agriculture and Rural Development, Nigeria; and Dr Nigel Poole, former Chair, ICRISAT Governing Board, as ICRISAT Ambassadors. Professor MS Swaminathan, renowned agricultural scientist and Father of India's Green Revolution receiving the ICRISAT Ambassador of Goodwill plaque from Dr William Dar, ICRISAT Director General. Photo: ICRISAT Ms Saina Nehwal, Olympic medalist, ace badminton player and youth icon of India receiving the ICRISAT Ambassador of Goodwill plaque from Dr William Dar, ICRISAT Director General.
Photo: ICRISAT ### About ICRISAT The International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT) is a non-profit, non-political organization that conducts agricultural research for development in Asia and sub-Saharan Africa with a wide array of partners throughout the world. Covering 6.5 million square kilometers of land in 55 countries, the semi-arid tropics have over 2 billion people, and 644 million of these are the poorest of the poor. ICRISAT innovations help the dryland poor move from poverty to prosperity by harnessing markets while managing risks – a strategy called Inclusive Market- Oriented development (lMOD). ICRISAT is headquartered in Patancheru near Hyderabad, Andhra Pradesh, India, with two regional hubs and six country offices in sub-Saharan Africa. It is a member
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of the CGIAR Consortium. About ICRISAT: www.icrisat.org; For ICRISATâ€&#x;s scientific information see: http://EXPLOREit.icrisat.org CGIAR is a global agriculture research partnership for a food secure future. Its science is carried out by 15 research Centers who are members of the CGIAR Consortium in collaboration with hundreds of partner organizations. www.cgiar.org
Vietnam Exports 3.182 Million Tons of Rice in January 1 - July 10, 2014 Jul 14, 2014
Vietnam exported around 3.182 million tons of rice during January 1 - July 10, 2014, down about 22% from around 4.1 million tons of rice exported in first seven months of last year, according to data from the Vietnam
Food Association (VFA). Average rice export price so far in this year stands at about $433 per ton (FOB), up about 1% per ton from about $429 per ton recorded during same time in last year. During January 1 – July 10, 2014, Vietnam exported about 179,017 tons of rice, down about 69% from about 576,398 tons rice exported in full month of July 2013, and down about 73% from about 671,174 tons rice exported in full month of June 2014. Average export prices so far in July stands at about $450 per ton, up about
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9% per ton from a year ago, and up about 6% per ton from a month ago.Vietnam's rice exports during July 1-10, 2014 include: 56,513 tons of 15-20% broken rice (about 32% of total rice exports in July 2014); 55,715 tons of 3-10% broken rice (about 31% of total rice exports in July 2014); 36,633 tons of Aromatic rice (about 21% of total rice export in July 2014); and 21,284 tons Nep or glutinous rice (about 12% of total rice exports in July 2014).Asia was the major rice exporting destination for Vietnam rice so far in July 2014, with about 123,635 tons or about 69% of total rice exports. The Americas was the second largest destination, accounting for of about 37,190 tons of rice exports (equivalent to about 21% of total rice exports in July 2014). Vietnam also exported 10,917 tons of rice to the Africa, about 3,436 tons of rice to the Europe, about 2,766 tons of rice to the Middle East, and about 1,073 tons of rice to Australia in July 2014.
Thailand NACC to Expedite Investigations Against Former Ministers Jul 14, 2014
Thailand's National Anti-Corruption Commission (NACC) is planning to expedite its investigations against the former ministers, including the former Prime Minister, three former Commerce Ministers and a former Deputy Commerce Minister, related to corruption allegations and other irregularities in the rice pledging scheme introduced by the previous government in October 2011.The NACC Deputy Secretary-General told local sources that the Anti-Graft Commission was waiting for more information from banks and relevant state agencies. He noted that NACC would investigate the wealth of the former ministers to know whether they had become exceptionally rice during their tenures. He said the agency would interrogate the spouses, parents and children of the accused ministers to verify if they acted as nominees. If the NACC finds any kind misdeeds in building their assets, it could possibly request the Attorney General indict them and confiscate their assets, and could file petitions with the Supreme Court to prosecute them. Meanwhile, the Permanent Secretary of the Prime Minister's Office, who is leading the rice stocks inspection teams, told local sources that he would conclude the outcomes of rice inspections and announce them to the public by the end of July.
High Rice Prices on the Open Market Boost Indians’ Dependence on Subsidized Rice, Finds 2011-12 NSSO Survey Jul 14, 2014
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The share of Public Distribution System (PDS) purchases in rice consumption in India has increased significantly between 2004-05 and 2011-12 due to higher open market prices, according to the National Sample
Survey Office's (NSSO) 68th Round Survey of Household Consumption of Various Goods and Services in India.According to the survey, the monthly per capita consumption of rice, bought under the open market, declined to around 5.98 kilograms in 2011-12, down about 6% from around 6.38 kilograms in 2004-05; while that in cities fell to around 4.49 kilograms in 2011-12, down about 5% from around 4.71 kilograms in 200405.However, the Indian survey found that the per capita consumption of PDS rice has almost doubled in villages and has increased 66% in cities. The PDS is jointly managed by the Central government as well as the respective state governments in India. Under the PDS, the Central government sells rice to state governments at Rs.8.30 per kilogram ($138 per ton) for above poverty line (APL) families, Rs.5.65 per kilogram ($94 per ton) for below poverty line (BPL) families and Rs.3 per kilogram ($50 per ton) for poorest of poor families. Sometimes, the state government sells the PDS rice below the rate fixed by the Central government. On the contrast, the open market prices are currently around Rs.30 per kilogram ($500 per ton). Open market prices have increased to around Rs.2,587 per quintal
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(around $470 per ton) in December 2012, up about 10% from around Rs.2,358 per quintal (around $514 per ton) in January 2011, according to official sources.
The survey found that some state governments have been encouraging cooperative societies to sell rice at controlled prices (lower than the open market prices) against ration cards to help consumers from rising rice prices. The NSSO survey is based on information collected during 2011-12 from 1,01,651 households in 7,469 villages and 5,268 urban blocks spread across the country.
Bangladesh Milled Rice Production Reaches 34.449 Million Tons in FY 2013-14; Up 2.7% from Last Year Jul 14, 2014
Oryza.com Bangladesh has produced around 34.449 million tons of rice, basis milled, in FY 2013-14 (July June), up about 2.7% from around 33.833 million tons produced in FY 2012-13, according to provisional official estimates from the Department of Agriculture Extension (DAE), report local sources.
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According to the DAE data, Bangladesh produced around 19.1 million tons of rice from Boro (January - May), up about 2% from around 18.778 million tons produced last year. The Asian nation produced around 2.32 million tons of rice from Aus (February - July), up about 8% from around 2.15 million tons produced in the previous year. Bangladesh produced around 13.02 million tons of rice from Aman (April - December), up about 1% from around 12.897 million tons produced last year. Boro, Aus and Aman contribute to around 7%, 38% and 55% respectively to the total rice production in Bangladesh. Sources from DAE said that the average yield from the three crops in FY 2013-14 was at around 3.03 tons per hectare. They attribute the increase in rice production to the use of high-yielding variety seeds and government support to the rice sector in the form of subsidies in seeds, fertilizers and fuel. The Deputy Director of the DAE told local sources that the total rice production has surpassed the national demand.USDA estimates Bangladesh to produce around 34.8 million tons of rice in MY 2014-15 (May - April), up about 1% from an estimated 34.59 million tons in MY 2013-14. It estimates Bangladesh to import around 100,000 tons of rice in 2015, down about 75% from an estimated 400,000 tons in 2014. The country's rice consumption needs are estimated at around 34.8 million tons in MY 2014-15 slightly up from an estimated 34.6 million tons in MY 2013-14.
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