15th may,2014 daily global rice e newsletter by riceplus magazine

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15th May , 2014

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Alien’ catfish mystifies scientists IRRI eyes climate-smart rice for dry spell Researchers go wild for Australian native rice Businesses forfeit rice export quotas for fear of loss The price of bagged rice dips 25 baht The price of bagged rice dips 25 baht 17 Bidders compete for govt stockpiled rice El Niño and Politics Grip the Global Rice Market Mixed trend in rice TABLE-India Grain Prices - Delhi - May 15 USA Rice Brings Iraqi Grain Board to the Delta Weekly Rice Sales, Exports Reported CME Group/Closing Rough Rice Futures Rice crop off to slow start

News Detail… Alien’ catfish mystifies scientists Occasionally during the monsoon seasons when the rice paddies in the mountain overflow, these catfish are sometimes visible outside. Science Recorder | James Sullivan | Wednesday, May 14, 2014 Continuing to puzzle scientists is the appropriately named Kryptoglanis shajil, a small subterranean catfish found in underground streams exclusively along the Western Ghats mountains of Kerala, India and nowhere else.Occasionally during the monsoon seasons when the rice paddies in the mountain overflow, these catfish are sometimes visible outside.

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The fish, which are unusually small for catfish, are secretive by nature, and were not discovered by scientists as a distinct species until 2011.While there have been a number of fish and insects that have adapted to living in cave environments, losing eyesight as it serves little favorable advantage in extreme levels of darkness, the Kryptoglanis has a bulging lower jaw and a heavy amount of bony armor protecting their face, making them eerily reminiscent of the xenomorph creatures from Alien. These features make scientists wonder how closely the creature fits into the catfish genus, but even more intriguing is that much of the Kryptoglanis’ bone structure in terms of shape sets it apart from most other fish. As terrifying as it might appear in pictures, this catfish rarely grows larger than four inches. Perhaps the most unique of all, however, is that the catfish appears to be lacking bone structure in a number of places, while its mouth contains several rows of sharp teeth. After doing some staining techniques, scientists are still unsure as to what species of extant fish is most closely related to Kryptoglanis, as well as the reasons for it developing this unusual bone structure. The images were published in the latest issue of Proceedings of the Academy of Natural Sciences of Philadelphia. Did we miss something? Send us tips, press releases, or ideas for stories: tips@sciencerecorder.com

IRRI eyes climate-smart rice for dry spell May 16, 2014 11:53am Tags: irri

With the dry season and possible dry spells from the El Niño weather phenomenon threatening to affect agricultural output in parts of the country, the Philippines may turn to a new "climate-smart" rice to ensure food security.The International Rice Research Institute (IRRI) has developed a stress-tolerant type of rice for Asia and Africa that can thrive despite flooding, drought and salinity.Researchers at the IRRI in Los Baños in Laguna are developing these "climate-smart" rice varieties that can survive severe conditions, GMA News' Katrina Son reported on "Unang Balita."One variety, "sahod-ulan," can survive drought conditions while another, "sub-one," can thrive despite floods.Meanwhile, the "salinas" variety can survive in salty water.

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But such new varieties of rice, while promising, have their limitations.One is that the yield may not be as big as the ordinary palay.

Another is that this rice may taste different.In the meantime, the IRRI is continuing its research to refine the quality of the new rice varieties. Work on these new varieties of rice has become more important for farmers who have to cope with the present dry season and the coming El Niño.Last May 1, Science Secretary Mario Montejo warned El Niño could be felt in the Philippines as early as June.On the other hand, water levels in several major dams in Luzon have gone down in past weeks, including Angat Dam, which supplies more than 90 percent of Metro Manila's water needs.Last Monday, water from Angat Dam for irrigation was cut off after the water level reached the 180-meter critical level for irrigation water.The critical level for drinking water at Angat Dam is 160 meters. — Joel Locsin/LBG, GMA News

Tags: irri

Researchers go wild for Australian native rice ABC Rural By Caddie Brain

PHOTO: Australia has four species of native or 'wild' rice. (Caddie Brain) AUDIO: Researchers go wild for native rice (ABC Rural) MAP: Darwin 0800

It's red in colour, highly-nutritious and abundant It's red in colour, highly-nutritious and abundant across flood plains of northern Australia.

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Native or 'wild' rice has been consumed by Indigenous people in the Top End for thousands of years.Known to be high in nitrogen and phosphorous, native rice has attracted growing interest from researchers, Indigenous businesses and restaurateurs who would like to see it commercialised.But currently costed at about $120 per kilogram, it might be a while before it makes it to supermarkets shelves.Dr Penny Wurm from Charles Darwin University has been researching native rice for over 20 years.She's about to publish a new report funded by the Rural Industries Research and Development Corporation, looking at potential markets for native rice products."It's a really beautiful grain, a wine colour, and much smaller than cultivated rice," she said."It's probably never going to be available in a kilogram packet at the store."It will always be a niche, specialist, culturally-indentified product."But there is interest from Indigenous groups and from restaurants and chefs who see native rice as a palatable, tasty cooking product. Even as a premium rice product, Dr Wurm says her team still needs to overcome significant technical challenges to harvest even small quantities."Current milling technology doesn't quite work," she said."We end up with 30 per cent of seeds that still have their husk left on them and a certain fraction that are broken."So then it involves a hand-sorting phase after you've actually milled it; it's very labour intensive."That's the phase we need to get rid of."While an understanding of the crop is now growing, little is known about the traditional methods of preparing native rice, used by Aboriginal people.Lorraine Williams, a Larrakia woman working with Dr Wurm, says she wished she had thought to ask more questions of her elders as a child."In the old days people would have harvested it by canoe - hand-harvesting it," she said."But I'm sad, because had I asked old people 20 years ago about how to prepare wild rice, we may have had more answers." "PHOTO: Lorraine Williams and Dr Penny Wurm in the seed lab at Charles Darwin University. (Caddie Brain) Topics: rural, indigenous-aboriginal-and-torres-strait-islander, indigenous-culture, rice, darwin-0800 First posted Thu 15 May 2014, 6:25pm AEST

Businesses forfeit rice export quotas for fear of loss Thursday, 15 May 2014 17:42 any rice export companies in the Mekong Delta have officially refused to join the program on exporting the 800,000 tons of rice,certain that it could only result in a loss.The Southern Food Corporation (Vinafood 2), representing Vietnamese rice exporters, won the bid to supply 600,000 tons of rice to the Philippines with selling prices of 436.50 USD per ton, 437.75 USD per ton, and 439.25 per ton of rice for three lots of 200,000 ton each.Meanwhile, the Northern Food Corporation (Vinafood 1) secured the contract to supply the other

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200,000 ton of rice, with selling prices of 436 USD per ton and 439 USD per ton for two shipments of 100,000 tons each. Nguyen Van Don, Director of Viet Hung Company Ltd., a Tien Giang-based exporter, said his company has sent a document to the Vietnam Food Association (VFA) and Vinafood 2, officially refusing to implement the authorized rice export to the Philippines. Viet Hung had been offered an authorized contract on exporting 6,956 tons of 15 percent broken rice to the Philippines. However, it cannot implement the contract.Don said the bid price was too low, while exporters have to fulfill many unprecedented requirements. Therefore, he can foresee losses if he accepts the contract.Also according to Don, the export price to the Philippines is as low as $370.06 per ton (delivery at HCM City ports). Meanwhile, the price of the same kind of rice exported to China and other markets is much higher, at $390 per ton, with no special requirements. Therefore, rice exporters are not really interested in the export to the Philippines.―As far as I know, some other businesses have also refused to export rice with the total volume of up to 100,000 tons so far,‖ Don said.The director of another rice export company has also confirmed that he has ―given back the quota of exporting 5,500 tons of 15 percent broken rice to the Philippines because of the low prices and strict requirements‖.Rice exporters have been told that if companies deliver rice which does not meet the requirements set by the Philippines, they will be heavily fined. The fine would be $3 per ton for every one percent of excessive broken rice and $30 per ton for more than 10 percent. Other fines have also been set up for other transgressions.Meanwhile, Lam Dinh Quoc, Director of the SocTrang Food Company, said the company has confirmed it will export 10,500 tons of rice to the Philippines as assigned by VFA. Because the company began collecting rice for storage early, it can expect a profit of $7 per ton.By contrast, if exporters were to collect rice now, at its current higher price, they would be looking at losses of $20 per ton.―I have heard that many other businesses have refused the rice export contracts for this reason,‖ Quoc said.Vinafood 1 and Vinafood 2 have been violently criticized for offering the low bids to the Philippines, which were $30 per ton lower than those offered by Thailand and Cambodia, the main rivals of Vietnam in the bidding.Vietnam had exported 1,750 million tons of rice by the end of April.

The price of bagged rice dips 25 baht Thursday, 15 May 2014 By NNT

BANGKOK, 15 May 2014, - The price of packed rice has dipped 25 baht from a range of 110 - 120 baht per 5kg bag to 90-95 baht a bag, reports Mr. Somkiat Makkhayathorn, President of the Thai Rice Packers Association. He noted that the price drop is in line with the global rice price which has declined to a record low.

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He also attributed the drop to the repeated release of stockpiled rice from government warehouses as well as the fact that new grain is still flowing into the market.President Somkiat said some of the packed rice brands have reduced their prices to the range of 70-80 baht per pack, pointing out however that the price wouldn't drop any further as the price merely covers operational costs.

He said new grain is now priced at 11-12 baht per kilogram, or 15 baht when the processing cost is included, adding that the price should stabilize during the second half of this year.Mr. Somkiat is confident that the price of Jasmine rice will remain the same for the time being. Meanwhile, the Thai Rice Exporters Association supported Mr. Somkiat’s opinion, saying that the rice price has hit the lowest level in a decade with the prospect of dipping even lower, should India decides to unleash its stock on to the global market.The association indicated that, after Vietnam sold 800,000 tons of rice to the Philippines recently, the price of Vietnam grain has stabilized somewhat, with the potential to adjust itself upwards. The Thai Rice Exporters Association claimed that, due to various factors, Thai rice is unable to gain a better price, despite the fact that the kingdom has just secured a rice deal with the important Malaysian market.

17 Bidders compete for govt stockpiled rice Published on May 15, 2014 by TFP · No Comments

BANGKOK, 15 May 2014 – Seventeen bidders participated in the Department of Foreign Trade (DFT)’s rice auction yesterday, competing to buy 450,000 tons of stockpiled rice, according to a Commerce Ministry report. Out of all the bidders, 14 expressed interest in purchasing grain from the 2012 stockpile, while the other three were eyeing lower-quality rice.Bid opening will be conducted today, and negotiations will be made before the winning price is forwarded to Mr. Niwatthamrong Boonsongpaisan, the caretaker Prime Minister and Commerce Minister, for approval within this week. The Ministry said that principally, it would still base the auction price on the global rice price and would also deliver the grain at an earliest date possible. It also speculated that more than 200,000 tons of the rice on offer would be sold this time.Regarding the Government-to-Government deal to sell 800,000 tons of rice to Malaysia, the report said it was still under negotiation as the Thai price is about 10 USD different from the global price tag. The Ministry believed that Thai rice still has an upper hand at sealing the deal as the rival bidder, Vietnam, has raised its price close to the Thai rice and still has the problem of delivering rice to the Philippines under an auction it won earlier. (NNT: Na-ark Rojanasuvan)

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El Niño and Politics Grip the Global Rice Market Written by Samarendu Mohanty WED,14 MAY 2014

The rice market has been quite lackluster in the past few months except for the steady downward slide of Thai rice prices because of uncertainty in the continuation of the pledging scheme. Between February 2013 and March 2014, the Thai price for 25% broken rice declined by 37% from US$584 to $366 per ton. During the same period, the large spread of $150−200 per ton between Thai and competitor prices (India, Vietnam, and Pakistan) more or less disappeared and, in some cases, the Thai price fell below some competitor prices.The failure on the part of the Thai government to raise funds for the continuation of the pledging scheme because of ongoing political turmoil and the caretaker status of the government has led to a steep decline in Thai rice prices in the past several months. The auctioning of rice by the government from current stocks has also been putting downward pressure on market prices.The government has now completely stopped procuring rice from farmers. Left in the lurch, farmers have been selling their crop in the open market at a much lower price than the higher pledging price promised by the government.The decline in rice prices has enabled Thailand to export more in the international market. In the first quarter of this year, Thai rice exports increased to 2.2 million tons compared with 1.5 million tons during the same time a year ago (data source: Thai rice exporters association homepage, accessed on 11 May 2014). However, stiff competition from other exporters such as India and Vietnam has kept Thai exports somewhat in check. The recent failure of Thailand to win the Philippine tender for 800,000 tons of rice is a good example of the extent of competition in the rice market right now. Vietnam’s state-owned agencies Vinafood 1 and 2 were awarded the contracts because of lower price quotations. Thailand is unlikely to obtain any relief in the near term as the supply situation in both India and Vietnam is very good. Where Is the Market Going? Global rice demand is projected to remain strong in 2014-15. According to USDA, global rice use in 2014-15 is estimated to rise by nearly 7 million tons, a 1.3% growth above the previous year. FAO even forecasts a much stronger consumption growth of 2.5% in 2014-15. However, on the supply side, the looming monsoon disruption from El Niño has cast uncertainty on the prospects of the main rice crop in many rice-growing countries in Asia. India and Southeast Asia are predicted to receive the brunt of El Niño in the form of deficit rainfall.

The Indian Meteorological Department now (as of 24 April 2014) predicts that monsoon rainfall in India this year is likely to be 95% of the long-term average, with a model error of ±5%.But, the good news is that the global rice stocks-to-use ratio is at a much more comfortable level of 23.5%. This is more than 5 percentage

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points greater than what it was during the rice crisis in 2007. In terms of absolute numbers, global rice stocks have increased by 36 million tons from 75 million tons in 2007 to 111 million tons in 2014 (PSD, USDA). The occurrence of moderate drought in parts of South and Southeast Asia due to El Niño could easily be handled by the large global stocks.However, severe drought in some key rice-growing countries in the region can trigger panic in rice-consuming countries and this could prompt them to curtail the flow of rice to the global rice market. On top of that, the two largest exporters, India and Thailand, will have new governments on board in the next few months. In the case of India, the government stocks of 30.5 million tons as of 1 April, although at a very comfortable level, have declined by 5 million tons from 35.5 million tons at the same time last year (Food Corporation of India website, accessed on 26 April 2014). If the monsoon falters on the subcontinent, then the new government will be under pressure to restrict exports to safeguard domestic food supply and keep enough in the warehouse to meet the requirements of the National Food Security bill. In the case of Thailand, it is becoming more and more evident that the rice pledging scheme is unlikely to make a comeback, at least not in the present form.

Without the rice pledging scheme, it is a no-brainer that Thai farmers will plant less rice in the wet season. But, that should not be a problem for the global market as Thailand has plenty of stocks to make up the shortfall.Overall, the monsoon holds the key to what will happen to rice prices in the second half of the year. The market is well positioned to handle a moderate drought and other incidences of extreme weather. Thai rice stocks can come in handy in case of significant monsoon disruption in key rice-growing countries to keep the market stable.

Mixed trend in rice KARNAL, MAY 15:

The rice market witnessed a mixed trend on Thursday. Prices of Pusa-1121 (steam) and duplicate basmati moved up on fresh buying, while Pusa-1121 (sela) and Sharbati varieties dropped on sluggish demand. In the physical market, after witnessing a continuous fall in recent past, Pusa-1121 (steam) went up by ₹500 and sold at ₹9,300, while Pusa-1121 (sela) quoted at ₹7,600, ₹100 down. Pure Basmati (raw) quoted at ₹12,300. Duplicate basmati (steam) moved up by ₹200 and sold at ₹7,400 a quintal. Pusa-1121 (second wand) was at ₹7,200, Tibar at ₹6,100, while Dubar at ₹5,250 a quintal. In the non-basmati section, Sharbati (steam) dropped by ₹50 and sold at ₹4,800, while Sharbati (sela) quoted at ₹4,200, ₹100 down.

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On the other hand, PR varieties traded with nominal fluctuations. Permal (raw) sold at ₹2,350, Permal (sela) at ₹2,400, PR-11 (sela) sold at ₹2,725 while PR-11 (raw) at ₹2,700. PR14 (steam) sold at ₹2,900 a quintal. Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that fresh buying by bulk buyers mainly pushed Pusa-1121 (steam) varieties back into positive territory. (This article was published on May 15, 2014)

TABLE-India Grain Prices - Delhi - May 15 Thu May 15, 2014 1:59pm IST Rates by Asian News International, New Delhi Tel: 011 2619 1464 Indicative Grains

Previous

opening

close

(in rupees per 100 kg unless stated) ---------------------------------------------------------Wheat Desi

2,200-3,100

2,200-3,100.

Wheat Dara

1,900-2,300

1,900-2,300.

Atta Chakki (per 10 Kg) Roller Mill (per bag)

1,950-2,350

Maida (per bag) Sooji (per bag)

1,800-2,000 2,250-2,400

Rice Basmati(Common) Rice Permal Rice Sela I.R.-8

220-240

220-240. 1,900-2,310. 1,800-2,000. 2,250-2,400.

8,500-9,500

1,800-2,400 2,400-2,600 2,000-2,500

8,550-9,550.

1,900-2,500. 2,600-2,800. 2,000-2,500.

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Gram

3,350-3,550

3,350-3,550.

Peas Green

3,100-3,200

3,200-3,300.

Peas White

3,000-3,200

3,000-3,200.

Bajra Jowar white

1,350-1,550 1,600-1,750

1,350-1,550. 1,600-1,750.

Maize

1,500-1,700

1,400-1,600.

Barley

1,350-1,450

1,350-1,450.

Source: Delhi grain market traders.

USA Rice Brings Iraqi Grain Board to the Delta Touring a mill in Greenville.

GREENVILLE, MS, ENGLAND and LITTLE ROCK, AR -- In the USA Rice Federation's continuing efforts to improve access to the Iraq market for U.S. rice, three high ranking and influential representatives of the Iraq government toured delta rice locations this week with USA Rice staff and members. The delegation from the Grain Board of Iraq is part of the Ministry of Trade, and responsible for importing more than 1.4 million metric tons of rice each year.

"Iraq has traditionally been a good market for U.S. rice, but it was disrupted during the wars, and then started to come back slowly in 2005," explained Jim Guinn, vice president of international promotion for USA Rice. "In 2006, Iraq was our number two export market at more than 380,000 MT, but then we dropped to zero in 2012 because of a variety of technical issues. We've addressed several already, such as a declaration of GMO-free by private laboratories, but there remain some obstacles. This trip was designed

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to find solutions."Among the remaining issues the Grain Board of Iraq reports is the preference to purchase 50 kg bags rather than bulk rice, chalkiness, and definition of kernel length.

"We wanted to tackle these issues head-on, so we knew we needed to bring the right officials here to see how we do things," said Hartwig Schmidt, USA Rice's regional director of international market development, who accompanied the delegation.The weeklong tour included stops at mills and laboratories in Greenville, Mississippi; Stuttgart, Arkansas; and an ADM export facility in Destrehan, Louisiana, as well as a large family farm in England, Arkansas. A reception for the industry and lawmakers was also held in Little Rock, with Governor Mike Beebe in attendance, and another industry reception is planned in New Orleans tonight. "It's important that people who can make decisions about importing Arkansas rice get the opportunity to see how it's grown, processed, and stored here," said Governor Beebe. "It gives them a comfort level and assurances that we can meet their expectations, but it's also a good cultural exchange. You get to know each other, trust each other, then maybe you can do business over the phone. It's an educational, but also a friendship building opportunity."The delegation seemed impressed with what they saw.

"We saw very good technical production facilities, a very clean bulk loading facility, and a mill laboratory with very good procedures," said Hasan Ibrahim, the Director General of the Grain Board of Iraq and head of the delegation. "I think we will find solutions to our technical issues during this visit."Weather dampened the tour at Dow Brantley's farm, but the frank discussion between farmer and importer was worthwhile. "They are using good machinery on the farm and this visit gives me the confidence that American rice is able to meet our specifications," Ibrahim said. "I think this visit is very important for the Grain Board of Iraq to open the market widely to American rice." Also accompanying Director General Ibrahim was Laboratory Manager Ali Mensheid and Import Manager Nuha Al-Musawi. They were very interested in parboiling, which they think holds great promise for the market."The American parboiled rice was amazing," Ibrahim said after tours at Riceland and Producers Rice Mill in Stuttgart. "I think there is a chance to open the market to American parboiled rice because we need rice with low chalkiness and the parboiled is one of the solutions."If the technical issues can be resolved, the Iraqi

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people should be happy to begin eating American rice again."Rice is a principle food for the Iraqi people and they always ask for American origin," said Ms. Al-Musawi. "We hope we can resolve the technical issues and import American rice at the levels we had in the past." Contact: Michael Klein, (703) 236-1458 Image 1: Touring a mill in Greenville. Image2:Inspecting bulk rice being loaded and heading for Haiti Image 3: Dow Brantley fields questions from the Iraq Grain Board.

Weekly Rice Sales, Exports Reported WASHINGTON, DC -- Net rice sales of 14,100 MT for 2013/2014 were down 57 percent from the previous week 60 percent from the prior four-week average, according to today's Sales Export Highlights report. Increases were reported for Venezuela (35,800 MT, including 30,000 MT switched from unknown destinations), Honduras (7,500 MT, including 7,200 MT switched from unknown destinations), Haiti (3,100 MT), Canada (1,500 MT), and Saudi Arabia (1,100 MT). Decreases were reported for unknown destinations (37,200 MT) and Guatemala (200 MT). Exports of 86,600 MT were up 96 percent from the previous week and 49 percent from the prior four-week average. The primary destinations were Venezuela (65,800 MT), Honduras (7,400 MT), Mexico (3,500 MT), Canada (2,800 MT), and Taiwan (2,000 MT).This summary is based on reports from exporters from the period May 2-8.

CME Group/Closing Rough Rice Futures CME Group (Preliminary): Closing Rough Rice Futures for May 15

Month

Price

Net Change

July 2014

$15.380

+ $0.100

September 2014

$14.480

UNCH

November 2014

$14.595

- $0.010

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January 2015

$14.775

- $0.005

March 2015

$14.865

- $0.010

May 2015

$14.865

- $0.010

July 2015

$14.865

$0.010

Rice crop off to slow start Experts say crop should still be good this year if weather cooperates May 15, 2014 Warm weather has perked up the 2014 Louisiana rice crop after a cold, wet spring that delayed planting for many farmers.―In general, the crop is off to a pretty good start,‖ said Steve Linscombe, rice breeder and director of the LSU AgCenter Rice Research Station in Crowley.Linscombe said rice is progressing well from the warm weather, combined with nitrogen fertilizer and permanent flooding of some fields.―It’s probably a little bit later than average but not as late as last year, and last year we had the best crop we ever had,‖ he said. Vince Deshotel, LSU AgCenter agent in St. Landry Parish, said the story is similar here.He said early-planted rice was set back by cold temperatures and high winds, and some fields had to be replanted. He said some of the parish experienced ―stand issues,‖ which means the loss of part of the crop from the weather. ―We did have to replace some acreage but not a terrible amount,‖ Deshotel said. ―But it seems to be stabilizing now. We have good crop on hand but it will all depend on the weather.‖Rice is very important to St. Landry

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Parish, ranking second only to soybeans.―Crawfish is also a major crop,‖ Deshotel said, pointing out many rice farmers here raise that Louisiana delicacy in their rice fields during the off season.Linscombe said the state acreage may increase by 10,000 to 15,000 acres this year, compared with last year’s total of 412,000 acres. Considerably more medium-grain rice is being grown in Louisiana, especially in north Louisiana, he said.―I’ve had several calls from producers planting medium-grain for the first time — or the first time in a long time,‖ Linscombe said.He said that change is being driven by water allocation reductions in California where a large amount of medium-grain rice is traditionally grown.LSU AgCenter rice specialist Johnny Saichuk estimates the crop is about a month behind normal because of the delays in planting. ―They’re still planting in north Louisiana,‖ Saichuk said.The lateness in planting could be a problem if the weather doesn’t cooperate when the plants are flowering. If temperatures are normal or hotter-than-normal, ―we’ll see a big hit in the yields,‖ he said. Photo:An airplane dropping rice into a flooded field near Jennings flies overhead early in the planting season as farmer John Compton, of Hathaway, sets out a propane-powered scare gun — a non-lethal device used to make a loud noise to scare birds from the fields. / Bruce Schultz, Special to The Daily World

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