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Filipino minister accused of taking bribes in rice-contract deal with Vietnam Price spike? Blame Aquino's rice policy, not smugglers--PIDS Rice price hike not temporary as gov’t claims, says farmers’ group Bulog prepares medium-quality rice for market operations NFA says rice imports to arrive on schedule Vietnam rice firm denies paying bribes to win Philippines rice contract Palace predicts stable rice price in next 60 days 1,800 rice warehouses to be checked Maritime spat to aid rice exporters Rice gains steam on fresh bulk buying Nagpur Foodgrain Prices Open- June 16 Rice gains steam on fresh bulk buying The crisis in Iraq: What you need to know Gates Foundation funds production of 'smart rice' variety Ghana: Farmer Applauds Govt for Banning Rice Importation Ground Broken on West Sacramento Rice Facility Birds, Rice, Crawfish, and Water: USA Rice Working with Experts to Strike a Balance Heckle and Jeckle Crop Progress: 2014 Crop 99 Percent Emerged CME Group/Closing Rough Rice Futures
News Detail… Filipino minister accused of taking bribes in rice-contract deal with Vietnam
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VietNamNet Bridge – The Philippines Minister of Agriculture Proceso Alcala has been accused of taking bribes from the Southern Food Corporation (Vinafood 2) in exchange for the grant of a rice contract with the Vietnamese rice exporter.
The Inquirer, a daily newspaper with a highest number of readers, has quoted a source from the Metro Manila Vendors’ Association (MMVA) as saying that Alcala and the former director of NFA (National Food Authorities), Orlan Calayag, was involved in the contract with Vinafood 2 to provide 800,000 tons of rice to the Philippines.As the rice export agreement was signed a few weeks before Calayag left office, MMVA believes that officials took full advantage of their last days in office to arrange a contract to pocket big money.
According MMVA, the agreed shipping fee was $54 per ton, which is $30 per ton higher than the market price. As such, the individuals could pocket up to $24 million for the 800,000 tons of rice imports.The time when the contract was signed was also suspicious, in April, the peak harvesting season.MMVA has lodged a petition about the matter to the Filipino inspection agency.VnExpress, a Vietnamese online newspaper, has quoted Huynh The Nang, Vinafood 2’s General Director as saying that Vinafood 2 is not involved in accusing the Filipino officials.―This is a Filipino internal affair which needs to be settled by the country. We will not give any explanations related to the matter,‖ Nang said.Nguyen Ngoc Nam, Deputy General Director of Vinafood 2, has denied involvement in the accusation. He said in Thoi bao Kinh te Saigon that the Philippines invited rice exporters from all over the world to an open international bid. The winners were those who could offer products at the lowest reasonable prices.―The accusations may be a part of their internal disputes,‖ Nam said. ―I can affirm that Vinafood 2 did not do this‖.In April 2014, Vietnamese rice exporters won a bid to provide 800,000 tons of rice to the Philippines by offering a low bid of $439 per ton CIF, which was $30 per ton lower than that offered by Cambodia and $35 per ton lower than the Thai bid of $474 per ton.The representatives of the Vietnamese Ministries of Foreign Affairs, Agriculture and Rural Development said they had not received any official information about the accusation. However, they said Vietnamese agencies were willing to cooperate with the Filipino agencies in their investigation.Vinafood 2 has been involved in a similar situation before. In 2001-2003, Indonesian newspapers reported that Vinafood 2 gave the Indonesian Bureau of Logistics $1.5 million in return for the right to sell rice to the country.However, Vinafood 2 then denied the accusation. In fact, the rice trade agreements between Vietnam and Indonesia were signed at government levels in 2001. Vinafood 2 was the corporation the government appointed to implement the rice export contracts. Compiled K. Chi Tags:rice-contract deal,rice export,philippines,
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Price spike? Blame Aquino's rice policy, not smugglers--PIDS By: Likha June 16, 2014 1:49 PM
Cuevas-Miel,
InterAksyon.com
MANILA - Traders, rice cartels and smugglers are easily the best people to blame for the spiking rice prices but a research fellow at the Philippine Institute for Development Studies (PIDS) says the Aquino administration's rice self-sufficiency program and import policy may be the culprit for these recent price increases.Economist Roehlano Briones in an interview told InterAksyon.com that the recent tightness in rice supply is a "carryover" of the government's past policy."I don't think there is sufficient stocks and we will fail to meet production target this year," he said.Price increases of P1-P2 a kilo is a "very historical trend" and this year would be no different given that the country will experience El Nino and harvest season has yet to commence."It's kind of odd to increase our imports now when the government has failed to get its shipment target [from Vietnam]. It's a matter of policy, [Philippine] government not being able to follow through. We have to probe into that since there seems to be an implementation problem," said Briones, who was one of the panel of experts invited by Senate last year during a rice price inquiry. 2013 rice supply According to a policy study by Briones and Ivory Myka R. Galang, there was inadequate supply of the staple starting mid-2013 because of government policy of reducing rice imports in line with its rice self-sufficienct program."Such reduction was neither compensated for by a commensurate increase in domestic production nor by a timely release from the buffer stock," the researchers said.In September last year, rice prices have gone up by P1-P2 per kilo in public markets amid tight supply in warehouses. The Department of Agriculture, told Senate during a budget hearing that smugglers, who were spreading rumors of rice shortage, were to blame for the spike in prices. Senate then said DA could only assure rice supply but not the prices as this is dictated by market forces as 95 percent of the stocks are in the hands of private sector."It is easy to blame rice traders and smugglers for price manipulation, but it is another thing to produce evidence for this accusation. Price manipulation would entail restriction of supply from all sources, including from outside the country, which is not exactly consistent with the problem of rampant smuggling in the imagination of the public," Briones and Galang said. No price collusion
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A rapid appraisal of the competition in Philippine rice marketing done by Beulah dela Pena and other PIDS studies showed that there is "strong competition" at all levels of rice supply chain. One study even stated that there is no evidence to prove that there is indeed cartel and this was consistent with data that showed margins are small at two percent at most at wholesale and five percent at retail."Even if collusion exists, the ability of traders to influence the market price is negligible," dela Pena, a research fellow at PIDS, said. Briones and Galang, on the other hand, suggested that the more logical explanation in the changes in the supply of rice is the sharp drop in imports. Figures showed that the imports fell by 638,000 tons in 2013, in line with DA's Food Staples Sufficiency Programs where the Philippine government aims to be 100-percent rice self-sufficient by the end of last year.
"However, production targets were set at unreasonably high levels to achieve self-sufficiency by 2013. The palay production target for 2013 was 20 million tons of paddy from a target of 18.5 million tons in 2012. Since 2012, however, actual palay production fell far short of the target," the researchers said. Local short supply, global oversupply Although palay production hit 18.03 million tons, the balance of 439,000 tons, or an equivalent of 287,000 tons of milled rice was not enough to counter the effects in the drop in imports, the study showed.Briones and Galang noted that the farm gate prices in the second semester last year increased as farmers may have anticipated the price of paddy rice would increase given the reduction in imports. Because of this, they hiked production, which could explain the improvement in harvest during the fourth quarter last year. "The farmers made a profit from their correct forecast. These trends were advantageous for the farmers but clrearly not for the consumers who took the brunt of higher rice prices. With less imports, the country missed taking advantage of the cheap rice available in the world market," the PIDS research fellows said. Indeed, Dr. Sam Mohanty of the International Rice Research Institute (IRRI) last year said that globalrice prices have been spiraling downward last year due to the excess production in major exporting countries like Thailand and India. This year, he said, the global rice market would be able to handle moderate drought caused by the El Nino phenomenon given the high rice stocks in Thailand, which is still reeling from its internal political turmoil.
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"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 nearterm as the supply situation in both India and Vietnam is very good," Mohanty said. Tariffication Briones told InterAksyon.com that even if the world rice market would likely stable--despite the expected drought in the country and in other rice-exporting nations--the Philippine government is still in a tight bind and would not be able to take advantage of the lackluster prices."Rather than raising or dropping imports, ngayon pa lang you slap tariffs on our shipments and leave the private sector to do its importation. The private sector is not slow, they can bring in imports quickly and prices would go down," he said, adding that this is a well-known feature of the international rice market.
By tariffication and letting the prices be dictated by market forces instead of the artificial pricing influenced by government policy--or in this case, the National Food Authority--the Philippines can take easily stabilize its local rice market.Tariffs instead of rice quotas, which the Philippines is still fighting for, would make imports much cheaper than the locally produced rice. This, however, would hurt the local farmers, whom the DA has been protecting all these years. For now, however, the Aquino administration has to contend with high prices and very tight supply until it solves the problem with Vietnam and its dwindling rice stocks in both government private sector warehouses. Filipinos may have to just grin and bear it.
Rice price hike not temporary as gov’t claims, says farmers’group By Delfin T. Mallari Jr. Inquirer Southern Luzon 10:01 pm | Monday, June 16th, 2014
A man walks past at the commercial rice in front of a warehouse in Dagupan Street, Tutuban in Manila on Sunday. Commercial rice prices are expected to go up by P1 to P2 per kilo during the lean months beginning this June according to National Food Authority (NFA) said. NINO JESUS ORBETA/INQUIRER LUCENA CITY, Quezon, Philippines—The militant farmers group Kilusang Magbubukid ng Pilipinas (KMP) on Monday criticized the National Food Administration (NFA) for allowing the P2 rise in the per kilo price of rice, raising fear the increase would not be temporary as claimed by the government.KMP chair Rafael Mariano, in a statement, said the NFA should stop fooling the people as prices never returned to their pre-price hike levels after successive increases in July and September 2013.Local rice consumers also hit the government for allowing the two-peso price hike.―What happened to the rice self-sufficiency program of the government?‖• Lydia
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Damasoa, a retired school teacher, asked the Philippine Daily Inquirer at the city market here. She said the P2 hike was ―unacceptable and unjust.‖ Mariano blamed the rice cartels’ alleged manipulation for the increase, accusing President Aquino of being the ―biggest protector of rice cartels‖•for his failure to control the prices of the primary food of Filipinos.The KMP leader dared Presidential Assistant on Food Security and Agricultural Modernization Francis ―Kiko‖ Pangilinan to rollback rice prices, dismantle the rice cartels and push for the reversal of the government’s agricultural trade liberalization policy.Mariano found as ―highly questionable‖ the Bureau of Agricultural Statistics’ statement that the country’s rice inventory was sufficient for 73 days. ―Rice cartels are aware that rice in government bodegas (warehouses) are not enough and that the big bulk of the stock inventory includes those already in the local market and households,‖ he said.On Sunday, Malacañang assured the public that the increase in rice prices would be ―temporary.‖The Department of Agriculture and the NFA attributed the P2-increase to ―market forces‖• or the movement of supply and demand, Communications Secretary Herminio Coloma Jr. said. Coloma said once the harvest and planting season starts, the supply of rice would increase and push down prices.Last year, Agriculture Secretary Proceso Alcala repeatedly claimed that the country would be able to produce 20 million metric tons of rice and that the country would meet its target of rice self-sufficiency.
Bulog prepares medium-quality rice for market operations The Jakarta Post, Jakarta | Business | Sat, June 14 2014, 1:09 PM Yes, we have enough: Coordinating Economic Minister Chairul Tanjung (center), Trade Minister Muhammad Lutfi (left) and Agriculture Minister Suswono (right) conduct a surprise inspection at the Cipinang Wholesale Market in East Jakarta on Friday. The inspection was intended to monitor food supplies and food prices in the lead-up to Ramadhan. The State Logistics Agency (Bulog) is anticipating a spike in food prices ahead of Ramadhan by readying supplies of medium-quality rice so that people will still be able to afford to buy the staple. (Antara/Muhammad Adimaja) Business News
The State Logistics Agency (Bulog) says it is ready to supply medium-quality rice to markets through market operations to keep prices in check ahead of and during the fasting month and Idul Fitri. Bulog head Sutarto Alimoeso said on Friday that its buffer stock of around 321,000 tons of medium-quality rice would be sufficient to meet the demand that usually picked up during the season every year.―In the worst conditions I’ve experienced, the demand was 200,000 tons at maximum. So, I am quite sure the [buffer] stock is sufficient,‖ he said, adding that Bulog had spent around 42,000 tons in buffer stock to date.
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He also said Bulog would start market operations when rice prices increased by 10 percent within a week.Sutarto was part of a government entourage, including Coordinating Economic Minister Chairul Tanjung, Trade Minister Muhammad Lutfi, Agriculture Minister Suswono and State-Owned Enterprises Minister Dahlan Iskan, visiting the Cipinang Wholesale Market, which supplies Greater Jakarta, in East Jakarta and a Bulog Jakarta warehouse in North Jakarta.Bulog intervenes in the market by selling key food commodities, like rice, sugar and beef, which it procures from domestic and foreign suppliers to help stabilize prices by selling the commodities below the market price. Bulog now has total supplies of 1.9 million tons of rice at 600 warehouses in Indonesia, according to Sutarto.According to a seller at Cipinang Market, the current price of medium quality rice IR-64 III at the market was Rp 7,600 (64 US cents) per kilogram (kg), around Rp 200 higher than the normal price of Rp 7,400 per kg, because of the lack of supply. The price of premium quality rice, however, was stable, thanks to its sufficient stock, said the seller.Chairul said the government would take the necessary actions to help stabilize rice prices that kept fluctuating every day. ―Traders at the market asked for additional supplies of medium quality rice because they had enough premium rice stock,‖ Chairul said at a press conference at the Trade Ministry.―I’ve asked Bulog to supply [the market] within the next one to two days.‖Chairul said rice stocks at Cipinang Market now stood at 20,000 tons, which were enough to cover seven to 10 days of transactions.Meanwhile, Bulog’s Jakarta warehouse, he said, had around 76,000 tons of rice and it was enough to support
NFA says rice imports to arrive on schedule Category: Agri-Commodities 13 Jun 2014 Written by Alladin S. Diega / Correspondent
THE 800,000-metric ton (MT) rice imports intended as the country’s buffer stock for this year will arrive on schedule, the National Food Authority (NFA) said on Friday.The announcement was a reaction to ―media reports and opinion columns creating malicious insinuations about alleged unscrupulous activities between the cargo handler and agriculture and NFA officials that may delay or hamper the delivery of the rice import from Vietnam,‖ the agency said in its statement.NFA Spokesman Rex C. Estoperez denied claims the ―appointed handler [cargo] is delaying the arrival of the rice from Vietnam, and that the handler is asking for a higher price. ‖Reports allege the fee for cargo handling was padded by as much as $30 per MT.Estoperez clarified that the importation procedure has followed the provisions of Republic Act 9148, or the Government Procurement Act.He added that the volume of rice to be imported were decided by an interagency committee and went through a series of approval process.The unexpected demand for rice relief after a series of major calamities, including Supertyphoon Yolanda (international codename Haiyan) that hit the country in 2013 was the primary reason for the decision to import, according to Estoperez.He explained that the decision to import and its
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guidelines were made in close coordination and cooperation with the Departments of Budget and Management, Finance (DOF) and Trade and Industry. The pre-bidding and actual bidding itself were witnessed by representatives from all bidders, as well as from the embassies of Thailand, Vietnam and Cambodia, various government agencies such as the DOF, the Bangko Sentral ng Pilipinas, Senate and House of Representatives, the Commission on Audit, farmers and farmer organizations, civil society and the media, Estoperez added.―The proceedings were even videotaped for reference purposes.‖The agency spokesman said that one of the suppliers, Vietnam Northern Food Corp. I and Vietnam Southern Food Corp. II (Vinafood) ―have not made any complaint about the cargo handlers, the fees, or the contracts, which had already been executed between them.‖Estoperez explained that the NFA already addressed Vinafood’s concern on these issues when the latter asked for his agency’s help.Last year’s handling contract with the same supplier was for $32 per MT, which was actually decreased into $30 per MT for this year, making the padding issue ―baseless,‖ Estoperez said. He also reported that as of June 9 of this year, more than half of the target rice imports, or 459,400 MT, were already either delivered at the designated NFA warehouse or have arrived at the assigned local port, in transit or currently loading.The agency expects the remaining balance of 340,600 MT would be fully delivered to NFA warehouses on or before the end of August.Meanwhile, the total rice stock inventory for the month of May stood at 2.52 million metric tons (MMT), which is 15.5 percent higher than last month’s inventory of 2.18 MMT, the Bureau of Agricultural Statistics (BAS) reported recently. The inventory, however, is below the record in May 2013, with 2.61 MMT. Compared with the April rice stock levels in the households and in commercial warehouses, the May level has increased by 11.6 percent and 53 percent, respectively, the BAS said.However, the BAS noted that stocks in the NFA depositories, with 88.1-percent imported rice, decreased by 10.1 percent. An attached bureau of the Philippine Statistics Authority, the BAS said that year on year, stocks in the households grew by 10.3 percent.It noted that stocks in commercial warehouses and in NFA depositories dropped by 9.1 percent and 23.8 percent, respectively.Of the present stock level, 52.6 percent were with the households, 28.9 percent in commercial warehouses and 18.5 percent in NFA depositories, according to the BAS.The BAS added that total rice inventory for the month of May would be adequate for 74 days while stocks in the households would be sufficient for 39 days.Rice stocks in commercial warehouses are enough for 21 days while those with NFA depositories, for 14 days, according to the BAS
Vietnam rice firm denies paying bribes to win Philippines rice contract Monday, June 16, 2014 18:20
An executive at the state-owned Vinafood 2 has denied allegations that the company bribed a Philippine official to secure a contract for 700,000 tons of rice, news website Thoi Bao Kinh Te Saigon (Saigon Times)
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reported.Nguyen Ngoc Nam, vice director-general of Vinafood 2, made the denial following reports published by www.oryza.com, an international journal on rice science, on June 12.The website cited local sources as saying that the Philippines Agriculture Secretary allegedly struck a "midnight deal" with Vinafood 2 in April to secure a contract to supply 700,000 tons of 15-percent broken white rice between May and August of this year.
Based on a complaint from the Metro Manila Vendor's Association (MMVA), the Office of the Ombudsman questioned the Agriculture Secretary over his alleged involvement in the Vietnam rice import deal.The MMVA alleged that the Agriculture Secretary and the former National Food Authority (NFA) Chief facilitated "a deal that would pay them handsomely in illegal kickbacks".Nam said the Philippines had invited rice exporters from all over the world to an open international bid. Suppliers were supposed to be selected based entirely on the lowest price offered.On April 15, two state-owned Vietnamese companies – Vinafood 1 and 2 – won deals to supply a total of 800,000 tons of rice to the Philippines (Southeast Asia's biggest importer of the grain) for over three years, after submitting the lowest prices.Vinafood 2 submitted offers ranging from $436.50 to $441.25 per ton and won contracts to supply 700,000 tons of rice, the NFA said.Vinafood 1 offered to sell $436 per ton to ship a total of 100,000 tons of the staple grain.Meanwhile, Cambodian companies offered a price of $469 and Thai companies offered $474 per ton. According to the Vietnam Food Association, Vietnam had exported more than 2.6 million tons of rice, fetching over $1.118 billion, by June 12. Image:A farmer ties up a sack of rice in Dong Thap Province. Photo credit: Thoi Bao Kinh Te Saigon Thanh Nien News
Palace predicts stable rice price in next 60 days Category: Economy 16 Jun 2014 Written by Butch Fernandez MALACAÑANG assured griping consumers on Monday that the price of rice, considered a basic staple in most Filipino households, will stabilize soon.Communications Secretary Herminio B. Coloma Jr. projected that
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fluctuating rice prices, which recently increased by P2 more per kilo, will be stable ―in the next two months‖ but stopped short of anticipating a rollback.At a Palace briefing on Monday, Coloma reported that the National Food Authority (NFA) is closely monitoring rice trading in the markets.―The NFA is watching the recent rice price adjustments and according to them this was brought about by market forces,‖ he said, noting that it’s also due to ―low season‖ in rice supply.But he added they expect rice prices in the markets to stabilize when large shipments of imported rice start arriving within the next 60 days.
The Palace official issued the assurance amid mounting complaints from consumers after retail prices of wellmilled rice, for instance, rose to P42.19 per kilo and milled rice to P38.93 per kilo.Coloma added the Department of Agriculture, as well as the Department of Trade, are also closely monitoring price movements of garlic and ginger in public markets.―There are suggested retail prices for these products and we will not allow overpricing or unreasonable price increases,‖ he said, even as the price of garlic reportedly rose to ―as much as P300 per kilo‖ recently. ―Because we are talking here of prime commodities, the government is constantly monitoring the situation to ensure that consumers interests are protected.‖ In Photo: A rice-stall operator is busy beefing up his rice stocks at a Parañaque City market amid a reported spike in the retail price of rice by as much as P2 per kilo. Government authorities attributed the price hike on the account of lean harvest, notwithstanding the recent importation of rice by the National Food Authority. (Nonie Reyes)
1,800 rice warehouses to be checked Petchanet Pratruangkrai The Nation June 14, 2014 1:00 am Team to check on size, quality of stock to allay rumours of 2.9m tonnes missing.The military government set up a 100-strong taskforce yesterday to inspect more than 1,800 warehouses nationwide to ensure transparency about the size and quality of the state rice stock.Interior Ministry deputy permanent secretary Panadda Diskul, who is acting PM's Office permanent secretary, announced the setting up of the taskforce after chairing a meeting of the subcommittee overseeing inspections.The inspection team will consist of representatives from the PM's Office, the Army, police, Interior, Commerce and Agricul-ture ministries, and the National AntiCorruption Commission (NACC).
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The move comes in the wake of uncertainty over government stockpile levels after two years of the controversial rice-pledging project by the ousted Yingluck Shinawatra government. The Finance Ministry's auditing committee has reported that about 2.9 million tonnes of rice is missing, creating a huge loss for the country. But the Commerce Ministry insists no rice is missing and that there had been a misunderstanding during the delivery of rice from mills to warehouses. The Commerce Ministry said there was about 13 million tonnes of rice stockpiled, with 4 million tonnes awaiting shipment to private rice traders under government-togovernment contracts. There is a rumour that some rice stocks have deteriorated in quality so the junta government needs to manage stockpiles efficiently.The taskforce is scheduled to start its work this month, with no advance information to be given to local officers. To ensure efficiency in the investigation, the PM's Office and the Commerce Ministry will train the taskforce members. Panadda said the government was confident of obtaining a more accurate stockpile figure because many agencies had joined the investigation to ensure transparency.The Commerce Ministry has ordered the suspension of government-to-government rice shipments during the investigation.Panadda said the investigation report would be submitted to the committee on rice policy chaired by the National Council for Peace and Order (NCPO) chief General Prayuth Chan-ocha. If there are signs of corruption, the wrongdoers need to face legal action, she said. Prayuth said yesterday that the NCPO would not continue with the controversial rice-pledging scheme, and whether it is continued in the future remains to be seen. For now, he said, the NCPO would focus on helping farmers cut costs and increase production. Separately, NACC member Prasart Pongsivapai said the commission had not yet considered the request filed by Yingluck's lawyer asking the NACC to investigate another eight witnesses from her side in the case of negligence related to the rice-pledging scheme that she is facing. He said he was not sure if the request would be on the NACC meeting agenda next week.
Maritime spat to aid rice exporters By Zaw Htike | Sunday, 15 June 2014
Growing tensions in the South China Sea in recent months is leading China to shun Vietnam for its rice imports, opening the door for Myanmar exporters, according to traders. A worker crouches at Myanmar Nyunt rice mill in Pyapon township, Ayeyarwady Region. Photo: Aye Zaw Myo Much of Myanmar’s official exports currently go to African countries, but with Thai exporters dropping prices in those markets since the May 22 coup, Myanmar exporters are looking to grow market share closer to home.China’s demand for Myanmar rice through the Muse border crossing has increased about 30 percent this year on previous levels, said U Myo Thura Aye, a rice trader and former joint secretary of the Myanmar Rice Federation.―I think this trend will continue for some time,‖ he said.China represents ―the largest export opportunity‖ for Myanmar’s rice traders, a June 11 World Bank report
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titled ―Myanmar: Capitalising on Rice Export Opportunities‖ said.The rice trade with China is legal from Myanmar’s point of view, but generally unofficial from China’s standpoint.For Myanmar to be able to sell rice directly to importers in southeast China in addition to exporting informally over the border, it needs to negotiate a sanitary and phyto-sanitary agreement (SPS) with Beijing, the report said.China imported 41.75 percent of Vietnam’s total rice exports in the first four months of 2014, according to a May 6 report from Xinhua news agency, but Myanmar rice traders said they have seen an increase in orders from China as South China Sea tensions rise and the world’s second-largest economy shuns importing from its adversary Vietnam.Myanmar ought to move quickly to reach an agreement allowing official rice exports to China, said U Chit Khaing, chair of the Myanmar Rice Federation (MRF).―The MRF urges the Ministry of Agriculture and Irrigation to discuss with Chinese officials to make the market legal … but we need to be able to produce quality rice at a standard accepted by the Chinese government,‖ he said.Some experts say access to the Chinese market is quite complicated, and not just a matter of national agreements.Ministry of Commerce economics advisor U Maung Aung said the ministry has been in discussions with China to legalise rice exports, but the process is complicated by different Chinese provinces having their own standards, rules and regulations. U Myo Thura Aye said Myanmar exporters are now selling about 3500 tonnes a day, whereas it had been about 2500 tonnes a day before the recent South China Sea spat.―As China’s demand has increased, rice prices have also gone up. But transportation costs are rising too, so it is difficult to make a profit from it,‖ he said.Standard 25pc broken rice is fetching $443 to $449 a tonne at the border, while higher quality 5pc broken is selling for $490 to $497 a tonne.U Thauk Kyar, central executive member of the Muse Rice Traders Association, said that the recent increase in volumes and prices is likely to stay for the time being, as he sees sustained interest from four or five southern China provinces.Myanmar was once one of the world’s largest rice exporters, but has been hampered by poor production and trade links in recent years, focusing generally on lowquality exports. Thailand, the US, India, Vietnam and Pakistan make up the world’s largest exporters.Myanmar exported 1.6 million tonnes of rice in the 2012-13 fiscal year, more than it has accomplished in 46 years, according to insiders. Myanmar has big ambitions to increase its exports to 4 million tonnes by 2019-20, but is currently limited by production capacity.U Myo Thura Aye said that if Chinese buyers were to increase its demand to 5000 tonnes a day, Myanmar would not be able to meet it with current capacity.―Myanmar is not in a position to export much more rice because it cannot produce much more,‖ he said.Still, experts say that though there may be a temporary reduction in China purchasing Vietnamese rice because of political problems, it is unlikely to translate into a permanent situation.World Bank economist Sergiy Zorya said that Vietnam is a competitive exporter and China is a price-sensitive market, so ―the Chinese government will think pragmatically in this regard‖.
Rice gains steam on fresh bulk buying
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OUR CORRESPONDENT
KARNAL, JUNE 16: The rice market witnessed a mixed trend with Pusa-1121 and DB rice varieties improving by ₹100-250 a quintal on Monday, while all other aromatic and non-basmati varieties ruled firm at their previous levels.Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that fresh buying by bulk buyers mainly pushed Pusa-1121 and DB varieties back in to positive territory. Bulk buyers have taken good advantage by buying at those levels, he said. Trade may continue to witness a range-bound trend, said trade sources. It is unlikely to see any major alteration in coming days and market may continue to rule around current levels with marginal alteration following low market sentiments, said market sources. In the physical market, Pusa-1121 (steam) improved by ₹250 to ₹8,850 a quintal, while Pusa-1121 (sela) quoted at ₹7,100, up ₹100. Pure Basmati (raw) quoted at ₹12,000. Duplicate basmati (steam) went up by ₹200 to ₹7,000. Pusa-1121 (second wand) was at ₹6,700, Tibar at ₹5,800, while Dubar at ₹5,000 a quintal. In the non-basmati section, Sharbati (steam) sold at ₹4,300, while Sharbati (sela) quoted at ₹4,000. Permal (raw) sold at ₹2,100, Permal (sela) at ₹2,300, PR-11 (sela) sold at ₹2,400 while PR-11 (raw) at ₹2,500. PR14 (steam) sold at ₹2,600 a quintal. (This article was published on June 16, 2014)
Nagpur Foodgrain Prices Open- June 16 Mon Jun 16, 2014 3:27pm IST Nagpur, June 16 (Reuters) - Gram prices in Nagpur Agriculture Produce and Marketing Committee (APMC) reported higher on good demand from local millers amid restricted supply from producing regions. Healthy rise on NCDEX, upward trend in Madhya Pradesh gram prices and reports about delay in monsoon arrival in Vidarbha also helped to push up prices, according to sources. *
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FOODGRAINS & PULSES GRAM * Gram varieties showed weak tendency in open market here on poor demand from local traders amid profit-taking selling by stockists at higher level.
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TUAR * Tuar varieties quoted down in open market on lack of demand from local traders amid healthy supply from millers. * Moong varieties sharp downfall in open market on poor buying support from local traders amid good supply from producing belts. * In Akola, Tuar - 3,800-4,100, Tuar dal - 5,700-6,000, Udid at 6,500-6,800, Udid Mogar (clean) - 7,600-8,100, Moong - 7,200-7,600, Moong Mogar (clean) 8,600-9,300, Gram - 2,000-2,200, Gram Super best bold - 3,000-3,300 for 100 kg. * Wheat, 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 FOODGRAINS Available prices Previous close Gram Auction 2,050-2,500 2,130-2,500 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction n.a. 3,700-4,170 Moong Auction n.a. 4,600-5,000 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 3,500-3,600 3,700-3,800 Gram Super Best n.a. Gram Medium Best 3,100-3,300 3,300-3,500 Gram Dal Medium n.a. n.a. Gram Mill Quality 2,800-2,900 3,000-3,100 Desi gram Raw 2,500-2,800 2,500-2,800 Gram Filter new 2,900-3,100 2,900-3,100 Gram Kabuli 8,200-10,200 8,200-10,200 Gram Pink 7,300-7,900 7,300-7,900 Tuar Fataka Best 6,100-6,400 6,300-6,600 Tuar Fataka Medium 5,900-6,100 6,100-6,300 Tuar Dal Best Phod 5,500-5,700 5,600-5,800 Tuar Dal Medium phod 5,100-5,400 5,200-5,500 Tuar Gavarani 4,100-4,200 4,300-4,400 Tuar Karnataka 4,000-4,100 4,150-4,250 Tuar Black 7,400-7,700 7,600-7,900 Masoor dal best 6,000-6,200 6,000-6,200 Masoor dal medium 5,800-6,000 5,800-6,000 Masoor n.a. n.a. Moong Mogar bold 8,900-9,600 9,100-9,800 Moong Mogar Medium best 8,300-8,700 8,600-9,000 Moong dal super best 7,600-8,000 7,900-8,400
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Moong dal Chilka 7,700-8,300 8,000-8,500 Moong Mill quality n.a. n.a. Moong Chamki best 7,800-9,000 7,800-9,000 Udid Mogar Super best (100 INR/KG) 8,200-8,500 8,200-8,500 Udid Mogar Medium (100 INR/KG) 6,800-7,600 6,800-7,600 Udid Dal Black (100 INR/KG) 5,700-6,000 5,700-6,000 Batri dal (100 INR/KG) 3,800-4,800 3,800-4,800 Lakhodi dal (100 INR/kg) 2,900-3,000 2,900-3,000 Watana Dal (100 INR/KG) 3,350-3,450 3,350-3,450 Watana White (100 INR/KG) 3,700-3,800 3,700-3,800 Watana Green Best (100 INR/KG) 5,000-5,400 5,000-5,400 Wheat 308 (100 INR/KG) 1,200-1,500 1,200-1,500 Wheat Mill quality(100 INR/KG) 1,450-1,550 1,450-1,550 Wheat Filter (100 INR/KG) 1,200-1,400 1,200-1,400 Wheat Lokwan best (100 INR/KG) 1,900-2,200 1,900-2,200 Wheat Lokwan medium (100 INR/KG) 1,600-1,800 1,600-1,800 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 2,500-3,200 2,500-3,200 MP Sharbati Medium (100 INR/KG) 2,000-2,400 2,000-2,400 Wheat 147 (100 INR/KG) 1,100-1,300 1,100-1,300 Wheat Best (100 INR/KG) 1,500-1,800 1,500-1,800 Rice BPT (100 INR/KG) 2,800-3,200 2,800-3,200 Rice Parmal (100 INR/KG) 1,600-1,800 1,600-1,800 Rice Swarna old (100 INR/KG) 2,600-2,800 2,600-2,800 Rice HMT (100 INR/KG) 3,600-3,800 3,600-3,800 Rice HMT Shriram (100 INR/KG) 4,100-4,900 4,100-4,900 Rice Basmati best (100 INR/KG) 10,400-13,900 10,400-13,900 Rice Basmati Medium (100 INR/KG) 7,300-10,000 7,300-10,500 Rice Chinnor (100 INR/KG) 4,500-5,200 4,800-5,500 Jowar Gavarani (100 INR/KG) 1,300-1,500 1,300-1,500 Jowar CH-5 (100 INR/KG) 1,600-1,700 1,600-1,700 WEATHER (NAGPUR) Maximum temp. 38.7 degree Celsius (101.6 degree Fahrenheit), minimum temp. 27.1 degree Celsius (80.7 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : 0.1 mm FORECAST: Partly cloudy sky. Rains or thunder-showers likely towards evening or night. Maximum and Minimum temperature likely to be around 41 and 27 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
Rice gains steam on fresh bulk buying KARNAL, JUNE 16:
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The rice market witnessed a mixed trend with Pusa-1121 and DB rice varieties improving by ₹100-250 a quintal on Monday, while all other aromatic and non-basmati varieties ruled firm at their previous levels. Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that fresh buying by bulk buyers mainly pushed Pusa-1121 and DB varieties back in to positive territory. Bulk buyers have taken good advantage by buying at those levels, he said.Trade may continue to witness a range-bound trend, said trade sources. It is unlikely to see any major alteration in coming days and market may continue to rule around current levels with marginal alteration following low market sentiments, said market sources. In the physical market, Pusa-1121 (steam) improved by ₹250 to ₹8,850 a quintal, while Pusa-1121 (sela) quoted at ₹7,100, up ₹100. Pure Basmati (raw) quoted at ₹12,000. Duplicate basmati (steam) went up by ₹200 to ₹7,000. Pusa-1121 (second wand) was at ₹6,700, Tibar at ₹5,800, while Dubar at ₹5,000 a quintal. In the non-basmati section, Sharbati (steam) sold at ₹4,300, while Sharbati (sela) quoted at ₹4,000. Permal (raw) sold at ₹2,100, Permal (sela) at ₹2,300, PR-11 (sela) sold at ₹2,400 while PR-11 (raw) at ₹2,500. PR14 (steam) sold at ₹2,600 a quintal. (This article was published on June 16, 2014)
The crisis in Iraq: What you need to know Jun. 16, 2014 With deaths in the hundreds and no foreseeable end to the violence caused by the Islamic State of Iraq and the Levant (ISIL), here are the answers to the important questions on the state of Iraq. Who are the ISIL? The Islamic State of Iraq and the Levant (ISIL) â?? also called Islamic State of Iraq and Syria (ISIS) â?? began as an offshoot of al-Qaeda and its Syrian counterpart Juhbat al-Nursa. ISIL left al-Qaeda following disagreements over Syria and is often called "too extreme" for its parent group. What has happened so far?
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ISIL has been successful in capturing much of the northern Iraqi territory over the past week. Monday, forces seized Tal Afar, a potential key in connecting the Islamic states of Iraq and Syria, as it continues to move toward the capital of Baghdad. Tal Afar joins Mosul, the country's second-largest city, Tikrit, Saddam Hussein's hometown, and a number of other prominent cities under ISIL control.Pictures released by ISIL show the execution of Iraqi soldiers and massacred civilians. There are no confirmed death tolls at this time, although it is likely in the hundreds. How did the conflict begin? Iraqi Prime Minister Nouri al-Maliki, a Shiite, took power in 2006 and largely left out many Sunnis from ascending in the political ranks, leaving religious strife as the centerpiece of this disagreement. In the past, alMaliki has also been criticized for his alleged "spoils system" approach in promoting his political allies to posts in the military. Many cite his regime and rapid promotion process as the chief reason behind an under-prepared Iraqi military after President Obama's withdrawal of all American troops in 2011. What is Iraq's response? The Iraqi military has made attempts to keep ISIL at bay but has failed to reclaim the cities ISIL been taken. Recently, al-Maliki gave an impassioned speech calling for Iraqi citizens to fight to reclaim "every inch" of the captured land. How is the United States involved? On Monday President Obama ordered 275 U.S. military servicemembers to deploy to Iraq to provide support and security for U.S. personnel and the U.S. Embassy in Baghdad. Obama also said the troops are equipped for combat and will remain in Iraq until the security situation becomes such that they are no longer needed. Last week, Obama ruled out ground troops in Iraq. But Secretary of State John Kerry, in a recent Yahoo! News interview, announced that the administration is pursuing every possible option, including working with Iran to reach an end to this conflict. Some officials are evacuating the U.S. Embassy in Baghdad, while the State Department has issued a warning for all Americans traveling to Iraq. U.S. naval forces moved into the Persian Gulf on Saturday.Defense
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Secretary Chuck Hagel ordered the USS George H. W. Bush aircraft carrier, accompanied by a missile cruiser and destroyer into the Gulf, as military options are still being weighed.Follow USA TODAY for updates as the story continues to develop. Contributing: Jim Michaels, USA TODAY Image: Demonstrators al-Qaeda flags in front of the government headquarters in Mosul. / AP
Gates Foundation funds production of 'smart rice' variety Monday, 16 June 2014 12:46 STRASA was initiated seven years ago and the first two phases was funded with US$20 million. (Image source: Christopher Lance/Flickr)
The Bill and Melinda Gates Foundation is providing funds worth US$32.7mn for the production of the third phase of International Rice Research Institute (IRRI)'s stress tolerant rice for Africa and South Asia (STRASA) over a period of five years IRRI has been developing various varieties of 'smart rice' over the last few years, which have been accessed by 10mn farmers, mainly in Africa and South Asia. According to the Philippines-based organisation, majority of the 10mn are among the world's poorest and most disadvantaged.STRASA was initiated seven years ago, and the first two phases were funded with about US$20mn. In mid-May 2014, over 250 participants from South Asia and Africa held STRASA’s inception and planning meeting in New Delhi, India, where agriculture secretaries from India, Bangladesh and Nepal joining the opening session. Among the climate-smart rice varieties developed by IRRI is Swarna-Sub1- a flood tolerant variety bred from a popular Indian variety, Swarna. Climate-smart rice varieties are made to especially thrive in environments affected by flooding, drought, cold temperatures, and soils that are too salty or contain too much iron that leads to iron toxicity.Partners of the project responsible for each of its major objectives—drought, submergence, salinity or sodicity, and seed multiplication and dissemination—will report on their respective progress in the first two phases and plan for the third. Abdelbagi Ismail, IRRI scientist and STRASA project leader, said, ―Under the past phases of the project, 16 climate-smart rice varieties tolerant of flood, drought, and salinity were released in various countries in South
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Asia; about 14 such varieties were released in sub-Saharan Africa. Several more are in the process of being released."In addition to improving varieties and distributing seeds, the STRASA project also trains farmers and scientists in producing good-quality seeds. Through the project’s capacity-building component, 74,000 farmers—including 19,400 women farmers—underwent training in seed production.The project has also influenced regional policies through enhanced cross-border sharing of information. This has helped facilitate the faster release of climate-smart varieties and the broader sharing of seeds in Asia and sub-Saharan Africa, especially among poor farmers who are most affected by climate change. ―An estimated 140,000 tonnes of seed of such varieties were produced between 2011 and 2013. These seed releases are estimated to have reached over ten million farmers, covering over 2.5 million hectares of rice land.‖ said Ismail. This is double the initial target of 5 million farmers reached.IRRI collaborates with more than 550 partners in getting climate-smart rice varieties to farmers in South Asia and Africa. These partners include national agricultural research and extension programs, government agencies, non-government organizations, and private sector actors, including seed producers. Mwangi Mumero
Ghana: Farmer Applauds Govt for Banning Rice Importation 16 JUNE 2014 Alhaji Suhiyini Ziblim, a Ghanaian rice farmer and seller on Sunday said government's ban on rice importation through the borders of the Ivory Coast has given a boost to local rice production in the country.He said: "Since October last year when the ban was imposed on the importation of rice from la Cote d'Ivoire, local rice production and sales has risen about 40 percent, a situation that is encouraging to local rice farmers to yield dividends for their year-long toil."Alhaji Ziblim who was speaking in an interview with the Ghana News Agency in Accra, said the ban on the importation had also curbed the perennial smuggling of the commodity into the country as some people took advantage of the practice to smuggle large tons thereby selling it cheaper to stifle the initiative of local farmers. In October last year, government through the Ministry of Trade and Industry banned the inland importation of rice through the West African borders, especially through the Ivory Coast, because the rice from those countries was comparatively cheaper thereby rendering the local rice farmers redundant.As a result, the consumption of local rice had risen about 40 percent according to the farmers in the last seven months, an indication that such figures could be doubled in years to come to give the farmers and local sellers the benefits of their hard work.Alhaji Ziblim wondered why this ban was not imposed so many years back, adding "I am sure if these measures were taken long time back, the local rice industry would have grown to feed all of us in this country and to feed other external markets.
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"He appealed to the Ministry of Trade and Industry to also impose such bans on other commodities in line with government's policy to reduce the importation of rice, tomatoes, oil, onions and other commodities to give a lifeline to farmers in the country to prove their worth."The ban I believe will also drastically check smuggling as the government was denied millions of cedis as a result of smuggling and tax evasion," Alhaji Ziblim added.He, however, called on colleague farmers and Millers to ensure good processing practices and good packaging that would sustain the appetite of consumers to increase their demand for local rice and other commodities. GNA
Ground Broken on West Sacramento Rice Facility A project that will bring a few hundred jobs to West Sacramento is officially under way. The Shinmei Company of Kobe, Japan, broke ground this morning for a $10 million factory to make rice buns.Shinmei will manufacture gluten-free rice buns with local products and is seeking certification for organic, kosher and halal.The factory is expected to be 28,000-square-feet on 6 acres of land in the Southport Business Park. It's supposed to open March of 2015 and approximately 150 construction jobs will be generated. The factory itself is supposed employee well over 100 people.The facility is the first in the United States for the company. West Sacramento was primarily chosen as the location because of its proximity to rice fields.
Birds, Rice, Crawfish, and Water: USA Rice Working with Experts to Strike a Balance Heckle and Jeckle Cousins, maybe, but still a serious problem CROWLEY, LA - Blackbirds can have a major negative impact on rice farms - following behind tractors seeding fields and eating the seeds. In some cases the loses are so great, entire fields must be completely replanted. Against this backdrop, southern state rice researchers, staff from Arkion Life Sciences, and the USA Rice Federation met in Louisiana at the LSU Ag Center last week to discuss the blackbird issue. Arkion, which produces the non-lethal rice seed treatment/protectant AV-1011 (Anthraquinone) attended and gave a presentation on where in the process they were in obtaining a full registration label for the product and what work still was needed to satisfy U.S. EPA data requirements."It's apparent from the meeting that the states have a serious need for this seed treatment to be moved from a limited, annually applied-for Section 18 use to full Section 3 label registration as quickly as possible," said Steve Hensley, USA Rice's senior director for regulatory affairs who attended the meetings.USA Rice staff also met with LSU Ag Center staff on fungicides, toured the facility, met with rice growers and Extension staff on irrigation systems and crawfish production, and attended a grower dinner hosted by Louisiana Rice Mill.
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Contact: Steve Hensley (703) 236-1445
Crop Progress: 2014 Crop 99 Percent Emerged WASHINGTON, DC -- Ninety-nine percent of the nation's 2014 rice acreage has emerged, according to today's U.S. Department of Agriculture's Crop Progress Report. Rice Emerged, Selected States Week Ending State
June 15, 2013
June 8, 2014
June 16, 2014
2009-2013 average
Percent Arkansas
98
98
100
98
California
94
75
95
82
Louisiana
100
99
99
100
Mississippi
98
91
96
99
Missouri
99
97
100
99
Texas
100
100
100
96
Six States
97
93
99
96
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CME Group/Closing Rough Rice Futures CME Group (Preliminary): Closing Rough Rice Futures for June 16
Month
Price
Net Change
July 2014
$14.665
+ $0.155
September 2014
$14.150
- $0.020
November 2014
$14.345
- $0.005
January 2015
$14.490
- $0.005
March 2015
$14.650
UNCH
May 2015
$14.650
UNCH
July 2015
$14.410
+ $0.100
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