17th december,2014 daily global rice e newsletter by riceplus magazine by DAILY RICE NEWS LETTER

Daily Global Rice E-Newsletter by Riceplus Magazine www.ricepluss.com

Daily Global Rice E-Newsletter 17 December, 2014

Volume 4 Issue: XI

Vol 4, Issue XII

Today’s News Headlines…  Promoting traditional seeds  Fin Min asks states to clear CCL dues before seeking loans for foodgrains  Rice ‘strawlage’ researchers, growers working out the kinks  Rice cultivation in east India is ‘net carbon sink’  Eat Well: Rice is nice within limits  Glycaemic index is irrelevant for most healthy people  Tandoori marinade gives shrimp a kick  Obama Calls for New Cuba Policy: U.S. Rice Industry Gains are Possible  CCC Announces Prevailing World Market Prices  CME Group/Closing Rough Rice Futures  The Return of Rain  Ann Arbor startup FarmLogs lands $10-million investment  UVAS conference on livestock inaugurated: Pakistan to export surplus wheat: Bosan  Dunklin recognized with conservation award  Facts elusive for some U.S. consumers when it comes to rice  Arkansas Farm Bureau Daily Commodity Report  NFA opens importation of 187,000-MT rice  Mekong Delta Rice Exports May Hit 5.85 Million Tonnes This Year  Iran’s 8-month wheat imports up 67%  Asia rice markets subdued; India prices ease on weak rupee  NACC urges prosecutors to protect witnesses in rice case  Rice millers’ problems to be solved on Dec 29’  5 ways U.S.-Cuba relations are about to change

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Daily Global Rice E-Newsletter by Riceplus Magazine News Detailâ&#x20AC;Ś. Promoting traditional seeds In yet another rare occurrence, a school dropout, Jayaraman, has made a name in preserving several paddy seeds. Last week, we saw how individuals across the country have been doing sterling work in preserving many of the rice varieties that are native to our country. Jayaraman is one of them.Mr. Jayaraman, who dropped out of school when he was in Class VIII, is now an organic farming crusader. A native of Adirangam village in Tiruvarur district, Tamil Nadu, Jayaraman has worked tirelessly to promote the cause of preserving native paddy seeds.

Seeing the enthusiastic work of Jayaraman, a NRI Narasimman, (also a native of Adhirangam) donated nine acres of his land for crop cultivation and a building to organise training programmes for the farming community.As the Cauvery Delta districts are predominant with paddy cultivation, his initial interest was in organic rice production. Later, he realised that the coastal districts are prone to the climate variations and every year farmers faced problems either with flood or cyclone. Identifying varieties

After four to five years of tireless work, he was able to find 15 traditional paddy varieties in 2004 and cultivated in the farm with the aim of multiplying the traditional seeds and making it available to more number of farmers. In 2005, he organised a first ever traditional paddy seed festival in the farm by an individual. That year, he distributed two kg of traditional paddy seeds of 15 varieties to more than 300 farmers. With the overwhelming responses to the seed, festival has motivated him to organise traditional paddy seed festival every year and also increase the traditional paddy varieties every year. The seed festival in May 2012 at Adhirangam was 8th in a row and in which 64 different traditional varieties were distributed to more than 1000 farmers across Tamil Nadu. He distributes these varieties to the farmers with a promise that they have to return two fold quantity of the seeds in the next season. He maintains records of farmers who have benefited from the seed festival.Mr. Jayaraman attracted the attention of many bank officials and convinced them to support his initiatives continuously. Till date he has trained a team of farmers and regularly update them on the current issues that are affecting farmers. Last year, he received the State Award for best organic farmer for his contribution to organic farming. Apart from this, he is involved in organising safe food campaign in schools and colleges, consumer forums like Rotary club and Lionâ&#x20AC;&#x2DC;s club on the health impacts of chemicals used in agriculture. He has delivered talks in more than 300 schools and colleges and is also helping the farmers to form Farmerâ&#x20AC;&#x2DC;s Club.He was invited by the Philippines Government to give a talk at the

Daily Global Rice E-Newsletter by Riceplus Magazine International Rice Research Institute on his work and mission. (M.J. Prabu is The Hindu’s Agriculture correspondent. He writes the popular Farmer’s Notebook. Write to him at prabu.mj@thehindu.co.in) Snap: Nel Jayaraman displaying a traditional seed variety. Photo: D.Gopalakrishnan

Keywords: Nel Jayaraman, traditional seed varities, organic farming Source with thanks: http://www.thehindu.com/inschool/sh-science/1/article6700401.ece

Fin Min asks states to clear CCL dues before seeking loans for foodgrains

steadily growing. During the current year 2014-15, the government has allocated additional 27.82 lakh tons of rice and 2.04 lakh tons of wheat for additional BPL families and 27.61 lakh tons of rice and 8.98 lakh tons of wheat for APL families. 6.01 lakh tons of rice and 6.83 lakh tons of wheat have also been allocated to the states for natural calamities, festivals, additional requirement under TPDS. Source with thanks: http://www.businessstandard.com/article/economy-policy/fin-minasks-states-to-clear-ccl-dues-before-seekingloans-for-foodgrains-114121800456_1.html

Rice ‘strawlage’ researchers, growers working out the kinks Tim Hearden

Capital Press Published:December 16, 2014 11:28AM

Custom Milling paddy means the paddy purchased/procured by the procuring agencies, including FCI and given to the rice mills for milling. Rice procurement through Customed Milled Rice (CMR) mode is increasing steadily. Procurement through CMR route ensures payment of MSP to farmers and avoids chances of irregularities in procurement through Levy route.As farmers are being benefited through direct procurement by State agencies and this has also resulted in availability of huge stocks of rice in central pool, the levy percentage is decided to be up to 25% of total holding of the stock. Moreover, there will not be any adverse effect on the overall procurement of rice in the country by reducing the limit of levy upto 25% from 75% of levy obligation earlier as it does not reduce the quantum of Central Pool. This is because procurement is also done through CMR route which is

TIM HEARDEN/CAPITAL PRESS Doug Parker stands on his ranch west of Williams, Calif. He hosted a workshop Dec. 15 exploring different ways for preparing rice straw for use as animal feed.Ranchers, rice growers and University of California Cooperative Extension researchers are still fine-tuning their methods for preparing rice straw for use as an affordable cattle feed. The use of "rice strawlage" has been popular this fall as the cost of other feed has remained high.

WILLIAMS, Calif. — The use of rice straw as an affordable feed for livestock has proven popular this fall, but growers and University of California researchers are still working out the details of preparing it.Some have encountered unexpected obstacles, such as the inexact science of measuring how much moisture is in the straw and high winds that make tarping the straw bales

Daily Global Rice E-Newsletter by Riceplus Magazine out oxygen that could feed a fire, and growers control mold by applying proprionic acid or a urea-and-nitrate solution.Marysville, Calif., cattleman Henry Smith has long fed byproducts to his cows, but he recently started experimenting with ―strawlage‖ and found that his cattle ate it eagerly. difficult, researchers said.But growers in the Sacramento Valley have come up with plenty of their own ideas and work-arounds. For instance, Doug Parker, a rancher and rice grower west of here, started applying molasses to the straw to hold it together and make it more palatable for cattle.Parker also rigged a baling machine he said can make up to 220 rice bales of rice straw an hour. ―I think the molasses worked out fairly cheap to do. The material was about $4 a ton,‖ said Parker, who hosted a UC Cooperative Extension-sponsored workshop on his ranch Dec. 15 to discuss preparation of the straw. ―I think it‘s at least going to add some protein and some taste for the cows.‖UC farm advisors reached out to growers this summer to promote converting their rice straw into ―strawlage,‖ a feed that the scientists say is on a par with a lowquality alfalfa. The advisers said the straw would be a good alternative for livestock producers confronted with feed shortages because of the drought. With not as much water available for decomposition after the fall harvest because of the drought, many growers have turned to baling and selling their leftover straw, which can also be used for erosion control in forest fire recovery projects.To maintain feed quality, the straw must be kept moist, which has caused some headaches for growers as well as concerns about fire. UC researchers advised them to cover the stacks with huge tarps to retain the moisture while keeping

―They love it because they can digest it,‖ Smith said. ―When you let it dry ... the cows will just spit it back at you. (With ―strawlage‖), all we have to do is worry about mold and get the right moisture when we‘re baling.‖Sites, Calif., rancher Lady Bug Doherty‘s family has fed dry straw to cows but never tried treating it as the UC scientists advise, she said. So she came to the workshop to learn how it‘s done.―Probably treating it like they do would be good,‖ she said. ―We just put it out for the cattle. If they can‘t get anything to eat, they will eat it. ‖Of course, growers and UC advisors who advocate the use of ―strawlage‖ are themselves still learning how to do it, said Glenn Nader, a Yuba City, Calif.-based UC livestock advisor.―I think it‘s still in that infancy. We‘re still trying to figure it out,‖ he said, adding that growers who‘ve maintained moisture at 26 percent and used proprionic acid have avoided combustion even without tarping.―I think it‘s catching on,‖ Nader said of ―strawlage‖. ―People have had barns burn down and they‘re worried about high moisture. It‘s just something they‘ve got to get comfortable with.‖ OnlineUniversity of California Rice Project: http://ucanr.edu/sites/UCRiceProjec t/

Daily Global Rice E-Newsletter by Riceplus Magazine http://www.capitalpress.com/20141216/ricestrawlage-researchers-growers-working-outthe-kinks

Rice cultivation in east India is ‘net carbon sink’

Eat Well: Rice is nice within limits By Teresa Farney Updated: December 16, 2014 at 8:25 pm

By: Sandip Das | New Delhi | December 17, 2014 1:09 am

Rice cultivation through flooded cultivation method, often seen as a source of methane emissions, which contribute to global warming, does not release carbon into the atmosphere, a study by the Central Rice Research Institute (CRRI), a premier body under the ministry of agriculture, has stated. Instead, the study has said the tropical low land submerged ecosystem in mainly eastern India is a ‗net carbon sink not a carbon source‘. The low land flooded rice ecosystem has the capacity to store carbon in soil and can behave as net carbon sink, the study says. ―Carbon inputs in rice field through photosynthesis, biomass and organic carbon added as manure exceed output, making paddy cultivation in eastern regions as carbon sinks rather than carbon emitters,‖ Pratap Bhattacharya, a senior scientist at CRRI told FE.The findings of the study is expected to help agricultural scientists in fixing climate responsibility.

http://www.financialexpress.com/article/mar kets/commodities/rice-cultivation-in-eastindia-is-net-carbon-sink/19986/

The January issue of Consumer Reports — which has a trustworthy reputation for consumer product testing and research — features ―The Truth About Gluten.‖+ A quinoa dish that can be a side dish or serve as the main event. As I read the story, I didn‘t find a many surprises: A very small percentage of the population actually has celiac disease, which requires avoiding gluten; a gluten-free diet is not more nutritious and is not a weight loss program — you might gain weight; and it‘s more expensive to buy gluten-free foods. What caught my eye was what happens when you increase the consumption of rice, a popular food in gluten-free diets. It can increase your consumption of arsenic.―That‘s why I and other gluten-free authors recommend using a wide variety of grains,‖ said Carol Fenster, a Denver-based cookbook author who has celiac disease. ―Other good grain options are bulgur, barley and faro, as well as gluten-free grains like amaranth, buckwheat, millet and quinoa.‖According to the story, ―anyone who eats rice needs to be aware that they may be exposing themselves to inorganic

Daily Global Rice E-Newsletter by Riceplus Magazine arsenic, a carcinogen. But people who avoid gluten need to be especially alert because so many gluten-free products contain rice.‖

In response to Consumer Reports‘ investigation, the USA Rice Federation issued this statement:

Here‘s the deal. Arsenic is naturally a part of the earth‘s crust and is available in two chemical forms: inorganic and organic (which can be less toxic). The report explains that rice tends to absorb arsenic more readily than other plants. Research in 2012 by Consumer Reports found that various forms of rice have different levels of arsenic.White basmati rice from California, India and Pakistan and sushi rice from the U.S. on average have half of the inorganic arsenic amount of most other types of rice. Brown rice, considered by many to be a more nutritious choice, has 80 percent more inorganic arsenic than white rice.

―Research conducted by the Food and Drug Administration and U.S. rice industry shows arsenic levels found in U.S.-grown rice are below safe maximum levels established this year by the World Health Organization. Studies show that including white or brown rice in the diet provides measurable health benefits that outweigh the potential risks associated with exposure to trace levels of arsenic. The U.S. rice industry is committed to growing a safe and healthy product; we continuously test our crop, and research ways of reducing the already low levels of arsenic found in rice even further.‖

That‘s because the chemical is on the outside of the kernel and is polished off when it is processed to be white. The article doesn‘t recommend writing off brown rice because it does have more nutrients than white rice — just be picky about where it is grown. Look for brown basmati from California, India or Pakistan because it will have less inorganic arsenic.Parents who have made a gluten-free diet choice and consume a lot of rice products should heed Consumer Reports‘ recommendations for children. ―Children should rarely eat hot rice cereal or rice pasta,‖ the story says. ―Our analysis found that those foods can have much more IA (inorganic arsenic) than our 2012 data showed. Just one serving of either could put kids over the maximum amount of arsenic they should have in a week. Rice drinks are also high in arsenic, and children younger than 5 shouldn‘t drink them instead of milk.‖There‘s much more information in the article as well as a list of recommended gluten-free foods that Consumer Reports tested.

The FDA issued this statement: ―The FDA‘s ongoing assessment of arsenic in rice remains a priority for the agency. Last year, the FDA released what we believe to be the largest set of test results to date on the presence of arsenic in rice and rice products, and we are planning to release a draft assessment of the potential health risks associated with the consumption of arsenic in these same foods. Until that review is completed, the agency continues to recommend that consumers, including pregnant women, eat a well-balanced diet containing a variety of grains. Parents should feed infants and toddlers a variety of grains as well, and consider options other than rice cereal for a child‘s first solid food.‖ Published studies and ongoing FDA research indicate that cooking rice in excess volumes of water — five to six times that of the rice — and draining the water can reduce the arsenic content, though it might also reduce the rice‘s nutritional value.Based on the currently available data and scientific literature, the FDA advises consumers to:

Daily Global Rice E-Newsletter by Riceplus Magazine •Eat a well-balanced diet. All consumers, including pregnant women, infants and children, are encouraged to eat a wellbalanced diet for good nutrition and to minimize potential adverse consequences from consuming an excess of any one food. This advice is consistent with the guidance of the American Academy of Pediatrics, which has long stated that parents should feed their infants and toddlers a variety of foods as part of a well-balanced diet. • Vary your grains: Rice, rice flour or brown rice syrup are present in foods as diverse as cookies, gluten-free pasta, teething biscuits and beer. The FDA requires food companies to list a product‘s ingredients by weight from most to least abundant, and the agency encourages consumers to check the ingredients. Like rice, other grains – such as wheat, barley and oats – are nutritious grains that consumers can eat to help vary their diet. Parents seeking to diversify their infant or toddler‘s diet can limit the number of servings of rice cereal per week and use cereals made from other types of grain. • Consider diversifying infant foods: The FDA recognizes that children routinely eat rice products and that by tradition many infants are fed rice cereal as their first solid food. According to the American Academy of Pediatrics, there is no medical evidence that rice cereal has any advantage over other cereal grains as a first solid food and infants would likely benefit from an array of grain cereals.

Source with thanks: http://gazette.com/eatwell-rice-is-nice-withinlimits/article/1543160#j4xgQRD1f9ufCIMe.99

Glycaemic index is irrelevant for most healthy people 

The GI diet debunked: Glycaemic index is irrelevant for most healthy people - so it doesn't matter if you eat white or wholewheat bread, scientists claim

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Glycaemic index is a measure of how quickly foods containing carbohydrates raise blood sugar levels in the bloodstream High GI foods like bananas and pasta are thought to be 'bad' for the heart and may increase the risk of suffering diabetes But new study found little evidence to support these claims

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By LIZZIE PARRY FOR MAILONLINE PUBLISHED: 13:09 GMT, 17 December 2014 | UPDATED: 18:05 GMT, 17 December 2014 Scientists have long warned of the dangers of eating foods high on the glycaemic index amid fears they increase a person's risk of heart disease and diabetes.But a new study has revealed evidence to the contrary debunking the GI diet for those who are healthy.The glycaemic index is a measure of how quickly foods containing carbohydrates, such as fruits, cereals and baked goods, raise glucose levels in the bloodstream. Those that cause a sharp spike in blood sugar levels over a two-hour period are said to have a high glycaemic index.While those that don't cause the big rise have a low glycaemic index.

Daily Global Rice E-Newsletter by Riceplus Magazine Conventional wisdom says that high glycaemic index foods like bananas and pasta are 'bad' for heart health and may increase the risk of developing diabetes.

people lose more weight or keep it off.'In looking at the causes of obesity and ways to control it, a narrow focus on the glycaemic index seems to be unwarranted.' Several popular diets encourage choosing low GI carbohydrates, which has led to calls to put the glycaemic index value of foods on packaging.But the researchers warn only laboratory tests can establish a food's GI rating, and the results can be unexpected, for example apples score low but cantaloupe melons score high. The scientists' aim was to determine if foods' glycaemic index influences a person's heart health and risk of diabetes. Professor Appel and study codirector Professor of medicine at Harvard, Frank Sacks, recruited 163 volunteers from Baltimore and Boston, all of whom were overweight and had above normal blood pressure.They randomly assigned them to follow one of four diets.

+2 A new study by researchers at Harvard School of Medicine and John Hopkins University of Medicine has found little evidence that foods high on the glycaemic index are 'bad' for your heart health and increase a person's risk of diabetes. The GI measures how quickly carbohydrates raise blood sugar levels

But the new study, carried out by scientists at the Johns Hopkins University of Medicine and Harvard School of Medicine in Boston, claims to have found little evidence to support these claims. Professor of medicine at John Hopkins Medicine, Lawrence Appel, said the results 'surprised' the team. 'We did not detect any clear benefits of the low glycaemic index diets on the major risk factors for heart disease, and we found no evidence of benefit for diabetes prevention,' he said. He added: 'The evidence has been inconsistent that low glycaemic foods help

FROM HIGH TO LOW EXAMPLES OF FOODS ON THE GI INDEX Low GI foods New potatoes Spaghetti Brown rice Sweet potatoes Instant noodles Wholewheat bread Hummus Sponge cake Lentils Chick peas Frozen green peas Tomatoes Onions Apples Medium GI foods Croissant White pita bread Wholemeal rye Honey Digestives

Daily Global Rice E-Newsletter by Riceplus Magazine Blueberry muffin Ice cream Mango Bananas Beetroot Basmati rice Cous cous Gnocchi Baked potatoes High GI foods Instant white rice French fries Mashed potato Tapioca Short grain white rice White bread Bagel French baguette Scones Rice cakes Parsnips Pumpkin Watermelon Dates Each diet contained the same number of calories, but those calories came from foods that were either high or low in carbohydrates, and high or low on the GI scale.The volunteers ate their main meal with researchers, and took home their next two meals.After five weeks on their assigned diets, they were switched to a different one.'A higher glycaemic diet would have more bananas and instant oatmeal,' said Professor Sacks. 'A lower glycaemic index would have more dried apricots and steel cut oats.' Get back to the basics that most people already know. Don't drink sugar-sweetened drinks. Try to eat fruits, vegetables and whole grains. Try to avoid sweets, salt and foods high in saturated and trans fats.

Professor Lawrence Appel at John Hopkins University of Medicine

The scientists tested the volunteers' blood pressure, sensitivity to insulin, and levels of 'good' high density lipoprotein (HDL) cholesterol, 'bad' low-density lipoprotein (LDL) cholesterol and triglycerides - fat molecules in the blood stream that play a role in heart health. The results revealed the low GI diets did not lower blood pressure or LDL cholesterol, and did not improve insulin resistance. They showed little difference between high and low glycaemic index foods, the authors said. Professor Sacks said it is likely people's bodies can handle variations in food on the GI index, even if they are overweight and are already having problems with insulin resistance. He said: 'I guess it just works normally in most people,' adding the glycaemic index should be studied among people with type 2 diabetes, which is also commonly known as adult-onset diabetes. Women made up 51 per cent of the study's volunteers, and African-Americans made up 52 per cent, so the results have broad relevance, Professor Appel said. He advised: 'Get back to the basics that most people already know.'Don't drink sugarsweetened drinks. Try to eat fruits, vegetables and whole grains. Try to avoid sweets, salt and foods high in saturated and trans fats.'People who follow these principles will reap the benefits.' +2The scientists' aim was to determine if foods' glycaemic index influences a person's heart health and risk of diabetes. Apples are said to be low GI while bananas are higher on the index

Professor Sacks said existing studies suggest there may be a benefit for people with diabetes, but there needs to be more research. Dr Robert Eckel, who wrote an editorial accompanying the new study, said

Daily Global Rice E-Newsletter by Riceplus Magazine

the study's message is that the glycaemic index is not that important if a diet is already heart healthy. 'If you're eating a heart-healthy diet, glycaemic index is not important to consider,' said Dr Eckel, a past president of the American Heart Association and a professor at the University of Colorado. ''I think the emphasis needs to be on the overall diet pattern,' he said. Professor Sacks said people who want a good overall diet should look toward Mediterranean-style diets or the Dietary Approaches to Stop Hypertension (DASH) diet, which emphasizes vegetables, fruits, fat-free dairy, whole grains, fish, poultry, nuts and vegetable oils.The study was published in the Journal of the American Medical Association.

http://www.dailymail.co.uk/health/article2877315/The-GI-diet-debunked-Glycaemic-indexirrelevant-healthy-people-doesn-t-matter-eat-whitewholewheat-bread-scientistsclaim.html#ixzz3MIEUutow

Tandoori marinade gives shrimp a kick By John Broening POSTED: 12/17/2014 12:01:00 AM MSTADD A COMMENT

I like assertive, spicy, acidic marinades for animal proteins, but I'm always a little nervous about using them. When you use a

marinade made with vinegar, wine, beer, citrus juice or yogurt, when the marinade starts to break down the texture of the meat, it dries it out, giving the exterior an unpleasant, cooked texture.The point at which this begins to happen is difficult to gauge, and usually has something to do with the amount of acidity in the marinade, the size and density of the animal protein and a few other complex factors. My solution is to use a big-flavored marinade that's applied at the last minute. I like Indian tandoori marinades, which are usually made with a combination of yogurt and spices, and I've found them to be an ideal coating for shrimp, which usually needs a flavor boost.The marinade lends flavor to the shrimp and also gives it an appealing caramelized crust. Tossing the cooked shrimp in a mixture of sesame seeds, lime juice and cilantro gives it an additional punch.Serve this Tandoori-style shrimp as an appetizer over greens or as an entree over basmati rice. Tandoori-style Shrimp Serves four as a small entrĂŠe or large appetizer. Ingredients 1 cup Greek yogurt Grated zest of 2 limes 1 tablespoon honey 2 teaspoons salt 1 tablespoon Madras Curry powder, toasted 3 tablespoons canola oil 1 tablespoon water 1 pound shrimp (16-20) peeled and deveined with tails still attached 1 tablespoon toasted sesame seeds Juice of 1 lime 2 tablespoon finely chopped cilantro Directions

Daily Global Rice E-Newsletter by Riceplus Magazine In medium-size mixing bowl, whisk together the Greek yogurt, lime zest, honey, salt, curry powder, 2 tablespoons of the canola oil and the water. Heat a griddle or a grill pan over medium heat and coat with the remaining tablespoon of canola oil.Working quickly, grab each shrimp by the tail and coat well in the marinade. Place on the griddle or grill pan and cook about 2 minutes on each side . Remove to a clean mixing bowl and toss with the sesame seeds, lime juice, cilantro and additional salt if necessary.Serve immediately.

significantly reduce red tape and costs associated with doing business with Cuba," said Betsy Ward, president and CEO of the USA Rice Federation. "Since the mid1990's USA Rice has taken leadership among commodity groups in calling for an end to the economic and travel embargo on Cuba, so we're encouraged by today's announcement."

http://www.denverpost.com/food/ci_271422 66/tandoori-marinade-gives-shrimp-kick

Obama Calls for New Cuba Policy: U.S. Rice Industry Gains are Possible

Fidel Castro samples U.S. rice at the 2002 Havana Internatio nal Trade Fair. WASHINGTON, DC -- President Obama announced today that he is updating the U.S. Cuba policy, including reestablishing diplomatic relations between the countries after more than 50 years, and promoting travel and commercial opportunities between the two countries.Central to the President's initiative is a new approach to banking, allowing U.S. and Cuban banks to have direct relationships."The changes to banking are very important because they will

Ward said her organization has long maintained that the "embargo was not on Cuba, as they could source rice and other products from around the world, but rather on the rice growers in the U.S., whose own government cut them out of one of the world's top markets, just 90 miles from our shores. " She added that USA Rice is also a founding member of the U.S. Agriculture Coalition for Cuba (USACC), a group dedicated to lifting the embargo. "USA Rice was the first U.S. group of any kind to exhibit at the 2001 Cuba International Trade Fair, the first such participation in any Cuban trade fair in more than 40 years," said USA Rice's Marvin Lehrer. "This historic action, taken under extraordinary and difficult circumstances, was among those cited by the Government of Cuba as a motivation in making the first purchase of U.S. rice since 1961 and garnered worldwide media attention."

Daily Global Rice E-Newsletter by Riceplus Magazine CEO Betsy Ward meets with Cuban Ambassador earlier this year. Sales rose steadily reaching 176,631 metric tons in 2004, representing about 30 percent of Cuba's import needs. Since then, imports fell and no sales have been made since 2008 - due to further U.S. government restrictions on definition of "cash in advance" and banking terms with Cuba. As a major consumer and importer of rice, and once the largest market for U.S. rice, Cuba is uniquely positioned to once again become a major market for the United States, which offers easy logistics for exactly the type of rice Cubans demand. "Today's announcements are good news for the Cuban and American people," said Dow Brantley, an Arkansas rice producer and chairman of the USA Rice Federation. "We'll be looking for ways to tap into potential markets there to help people on both sides of the equation."

CCC Announces Prevailing World Market Prices WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan-gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2014 crop, which became effective today at 7:00 a.m., Eastern Time (ET). Prices are unchanged from the previous announcement.

World Price "As we wait to see what the long term political implications of this decision are, today's announcement is an important step forward towards establishing a valuable new market for U.S. agriculture," said Representative Ted Poe (R-TX). "Easing trade restrictions to take advantage of the high demand for rice in Cuba would provide a new market that would benefit rice farmers in Texas and around the United States." "While this appears to be an early Christmas present to rice farmers and the people of Cuba, banking restrictions will need to be completely liberalized in the future for free and unfettered trade to take place," added Ward. Contact: Michael Klein (703) 236-1458

MLG/LDP Rate

Milled Value ($/cwt)

Rough Rough ($/cwt) ($/cwt)

17.12

10.86

0.00

Medium-/Short16.56 Grain

11.15

0.00

Brokens

----

Long-Grain

10.33

This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:

Source with thanks:USA Rice Federation

Daily Global Rice E-Newsletter by Riceplus Magazine U.S. Milling Yields Loan Rate Whole/Broken ($/cwt) (lbs/cwt) Long-Grain

55.83/12.59

6.50

Source with thanks:USA Rice Federation

The Return of Rain distributed by noodls on 16/12/2014 13:54

California Rice Commission

Medium-/Short-Grain

62.39/7.92

6.50

The next program announcement scheduled for December 24.

Source with thanks:USA Rice Federation

CME Group/Closing Rough Rice Futures CME Group (Prelim): Closing Rough Rice Futures for December 17 Month

Price

Net Change

January 2015

$12.115

+ $0.035

March 2015

$12.335

+ $0.015

May 2015

$12.610

+ $0.015

July 2015

$12.785

+ $0.015

September 2015

$12.140

+ $0.020

November 2015

$12.045

+ $0.025

January 2016

$12.055

+ $0.025

16/12/2014 | News release By Tom Butler This time of year, there is a Rice Outlook conference involving the six states that produce rice. And for most of the California attendees, the top activity for the three days was to watch the weather back home. We had left for the conference after some welcome rain the week previous, and now there was prom ise of more. A lot more. More than we received in all of 2013.And while the storm wasn't as "epic" as it was hyped to be, it was a welcome change. The five inches of rain filled rain gauges, helped the decomposition of the remaining rice straw in the fields, and filled bypasses and flood plains along the river.It's always a reminder how quickly it can change from dry to sloppy, and that we still have a long way to go, but it was nice to actually drive around during the rainy season and actually see rain. Also, after the water short year, it's a stark reminder as you watch the excess flow into the bypass, and eventually away without being stored, that further improvements are needed in our storage capabilities.

As for now though, we, the wildlife and the quivers will take the rain. More about Tom: Tom Butler farms rice with his father, Steve, in Sutter and Yolo Counties. Tom is the fourth generation of his family to farm. When he's not on the job, the University of Nebraska graduate enjoys swimming, water polo, hunting and

Daily Global Rice E-Newsletter by Riceplus Magazine spending time with his family. http://www.noodls.com/viewNoodl/26290311/califo rnia-rice-commission/the-return-ofrain?utm_source=USA+Rice+Daily%2C+December+17%2C+ 2014&utm_campaign=Friday%2C+December+13%2C+2013 &utm_medium=email#sthash.MRrhMQRb.dpuf

Ann Arbor startup FarmLogs lands $10million investment By Nathan Bomey, Detroit Free Press7:09 a.m. EST December 17, 2014 FarmLogs, which now counts 15% of U.S. farms with at least 100 acres as customers, landed an investment from an influential group of venture capitalists that will allow the company to double its staff of 20 employees in the first half of 2015.

Ann Arbor-based software startup FarmLogs secured a $10-million investment, fueling a rapid expansion as farmers throughout the world adopt the company's popular application for monitoring the performance of their crops.FarmLogs, which now counts 15% of U.S. farms with at least 100 acres as customers, landed an investment from an influential group of venture capitalists that

will allow the company to double its staff of 20 employees in the first half of 2015. Columbus, Ohio-based Drive Capital, Ann Arbor-based Huron River Ventures, Chicago-based Hyde Park Venture Partners and San Francisco-based SV Angel pooled funds to help FarmLogs expand.The company also lured an investment from Sam Altman, president of Y Combinator, the famous Silicon Valley tech accelerator that has generated a steady stream of high-tech entrepreneurs.Jesse Vollmar, CEO and cofounder of FarmLogs, said the company plans to maintain its headquarters in Ann Arbor and continue growing. He said the firm has room to grow at its office on the second floor of the Kerrytown Market & Shops building adjacent to the Ann Arbor Farmers Market. The company has grown rapidly from a nondescript 600-square-foot office above a cafe on Liberty Street, where it was based 18 months ago with about eight employees.Its application gives farmers the ability to input data into a computer or mobile device to track the performance of their crops, follow commodity prices, monitor weather and record information to comply with federal regulations.FarmLogs says that its customers sell more than $12 billion in crops annually and are scattered across all 50 states and 130 countries. "FarmLogs is starting to become this trusted brand and something farmers all across the country are starting to rely on, which we're really proud of," Vollmar, who grew up on a farm, said in an interview. "We exist to

Daily Global Rice E-Newsletter by Riceplus Magazine make farmers more profitable."After initially charging for the service, FarmLogs made the software completely free."We have plans to launch some premium features in the future that people can choose to subscribe to if they like," Vollmar said. "The existing core product will always remain free." As friends at Unionville-Sebewaing Area High School in Sebewaing, Mich., Vollmar and co-founder Brad Koch formed a software consultancy called Aedis IT, which helped pay their tuition at Saginaw Valley State University, where they graduated in 2011.After a stint as students in the Y Combinator accelerator in early 2012, they founded FarmLogs after identifying a need for a sophisticated but simple digital solution in the farming community where they grew up. They located their new company in Ann Arbor to take advantage of the wealth of tech talent in the halo of the University of Michigan. The endorsement of the firm's technology by Y Combinator's Altman, in particular, could fuel more interest in the company."I'm a huge fan of Jesse and FarmLogs, and they have the opportunity to build a very important company," Altman said in a statement. "Jesse has a focused vision combined with relentless execution. I think improving agriculture is one of the most important challenges in the world, and I'm excited to be involved."The investment reflects one of the largest venture capital investments in a Michigan software company in years. In 2013, 40 Michigan

companies landed venture capital, but only 25% of the capital was devoted to information technology companies. Vollmar said FarmLogs would use most of the investment to add to its team."Investors look for momentum and they can clearly see that we have incredible momentum," Vollmar said. "I believe we're truly inventing the future of farming." Contact Nathan Bomey: 313-223-4743 or nbomey@freepress.com. Follow him on Twitter @NathanBomey. (Photo: ROMAIN BLANQUART) Source with thanks: Detroit Free Press

UVAS conference on livestock inaugurated: Pakistan to export surplus wheat: Bosan December 17, 2014 HASSAN ABBAS Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan said on Tuesday that Pakistan has surplus wheat and looking for markets to export surplus wheat. He expressed hope that the wheat output target will be achieved. Bosan said that in the global market prices of wheat and rice were decreasing while in Pakistan prices of wheat and rice were high because in our cost of production is high in the country. He said that in order to discuss the issue of high cost of production he was calling the meeting of chief ministers of all four provinces within a month.

Daily Global Rice E-Newsletter by Riceplus Magazine He also said that he will talk to the FBR regarding dumping duty on the import of milk. He was talking to media persons after addressing the opening session of the twoday conference on Livestock and Dairy Development on the role of social sector and rural community organized by the University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with the Helping Hand for Relief and Development (HHRD) and Pakistan Agriculture Scientists Forum. Bosan said the government has decided to give a direct subsidy of Rs 5,000 per acre to rice growers. A committee has been formed on the directive of the Prime Minister and it will discuss how to reduce the cost of production of different commodities, he added. Responding to a question, he said "wheat target will be achieved this year with the grace of Almighty Allah and we have sufficient wheat in stock as well". The government would focus on the recommendations and issues highlighted for bringing improvement in the livestock sector and after the 18th Amendment in the Constitution the responsibilities of the provincial governments have also increased as the powers have been transferred to them, he added. The Minister said the government will try to implement the recommendations of the conference in letter and spirit. Earlier addressing the ceremony Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan said that the livestock sector has the capacity of generating gainful employment in the rural population, particularly small farmers and women. The urban population growth increase in per capita income and export opportunities are fuelling the demand of Livestock and its related products. The development of livestock at rural level is constrained by low productivity per unit

animal, prevalence of livestock diseases, poor management, nutrition and vaccination. The federal government has always been supportive to the livestock sector in providing most enabling environment for its growth and expansion. "I am sure with the collaborative effort of all stakeholders the livestock sector will be able to perform at their maximum potential during the year. He urged the private sector to initiate awareness programs for the small livestock farmers regarding vaccination and improved husbandry practices in livestock production. In his opening remarks, Vice-Chancellor Professor Dr Talat Naseer Pasha said that for the growth of dairy and red meat sector "we need to provide market pull to our livestock farmers as well as supportive of the farming communities in disease control and enhancement of feed resources and other inputs. " Our dairy sector is hitting badly by zero duty on the import of skim whey milk powder whenever there are lower world milk prices, these powder are dumped in our markets, which affect our dairy farmers. These days the milk prices are gone down to $2,200 per ton due to ban on import of dairy products by Russia. China can be potential source for export of meat and its products. We need to initiate school milk program and provide an egg a day to our children to attract them to schools and improve their health and solve the issue of malnutrition and as well as provide market to our dairy and poultry farmers." He also mentioned the role of UVAS in the development of livestock sector and related sector. He said the Punjab government has approved establishment of a new university named "Cholistan University of Veterinary

Daily Global Rice E-Newsletter by Riceplus Magazine and Animal Sciences" in Bahawalpur and the Punjab government had already allocated 1,000 acres of land in Bahawalpur for the purpose and it was being established with the collaboration of two Turkish universities, "Selcuk University" and "Ankara University".

Source with thanks:Business recorder

Dunklin recognized with conservation award The award was presented during the annual Rice Awards luncheon held last Monday at the 2014 USA Rice Outlook Conference. By USA Rice Federation

Posted Dec. 15, 2014 @ 11:11 am LITTLE ROCK — USA Rice Producers' Group Conservation Committee Chairman Leo LaGrande recognized George Dunklin's leadership and contributions to U.S. agricultural conservation with the presentation of the fifth annual USA Rice Federation Distinguished Conservation Achievement Award. The award was presented during the annual Rice Awards luncheon held last Monday at the 2014 USA Rice Outlook Conference."It is the USA Rice Federation's privilege to present this award to George Dunklin," LaGrande said. "George has been farming rice for 34 years, is a past commissioner of the Arkansas Game and Fish Commission, has been active in Ducks Unlimited for 31 years and has recently been elected to become the organization's 42nd president.""Farmers are, by definition, conservationists," said LaGrande. "As we

continue to see farm policy evolve, we realize conservation and coalition-building is front and center. And USA Rice's partnership with Ducks Unlimited is a perfect example of this new model emphasizing agriculture's role in preservation of natural resources."The historic stewardship partnership between USA Rice and Ducks Unlimited was formed in 2013 so the groups could work collaboratively to conserve critical natural and economic resources. Earlier this year, the partnership submitted their first national Regional Conservation Partnership Program (RCPP) proposal outlining the planning, design, and installation of conservation practices on working rice lands. RCPP approval is scheduled to be announced by year's end.

http://www.stuttgartdailyleader.com/article/ 20141215/News/141219793#ixzz3MDPMos 9V

Facts elusive for some U.S. consumers when it comes to rice Dec 15, 2014Forrest Laws | Delta Farm Press Some consumers don‘t know what rice looks like when it‘s growing in the field. Some don‘t know that rice is grown in the United States. And some associate rice – and all commercially-grown U.S. crops – with GMOs.As hard as this information might be for U.S. rice farmers to swallow – especially the part about GMOs since no commercially-grown U.S. rice is GMO – those are attitudes that turned up frequently in a series of focus groups conducted by the USA Rice Federation last summer.―It‘s important to remember when you‘re looking

Daily Global Rice E-Newsletter by Riceplus Magazine at this that we‘re there to get opinions; we‘re not there to get facts, particularly if their opinions all have a very fleeting relationship to the truth,‖ said Michael Klein, vice president, marketing and communications for the USA Rice Federation. Klein was setting the stage for a presentation on the findings of the focus groups conducted in five U.S. cities for the Federation. Klein delivered the focus group opinions at the USA Rice Outlook Conference in Little Rock Dec. 9.The cities – Little Rock, Sacramento, Calif.; Portland, Ore.; Chicago and Philadelphia – were selected to represent different segments of the U.S. population: a rural and agricultural area such as Little Rock; an urban and ricegrowing area such as Sacramento; an environmentally-conscious area, Portland; and two highly urbanized areas, Chicago and Philadelphia.The Federation ―teased‖ the audience with a couple of sound bites from the groups earlier in the Outlook Conference. A video clip in which focus group members tried to imagine what rice looks like – ―does it grow on a vine?‖ drew a lot of head-shaking in one audience. Family farmers Klein said the groups, which consisted of 10 to 12 persons drawn at random from each area, expressed near-universal admiration for farmers.―‘Farmers are hard-working, farmers are necessary, they feed us, they appreciate everything that farmers do‘ were some of the comments we received in Little Rock and in Chicago,‖ said Klein. ―But there‘s a catch. Their respect is reserved for family farms, not for corporate farms. ―We‘re glad they like family farms because we think, well, that‘s us, we‘re family farms,‖ he said. ―But that‘s not what they think. They think family farms are being pushed out by corporate farms. Corporate

farms are taking over, and family farms are few and far between.‖What did members of the focus groups know about rice farming? Almost nothing, says Klein. ―In each of the focus groups except one, they assumed that all of their rice came from China,‖ he noted. ―India and Thailand were also mentioned, but, for the most part, it‘s China. The exception to that was Sacramento where rice farming is very heavy in the Sacramento River Delta.‖The group in Sacramento was more knowledgable about farming, particularly because of the water issue in California. ―Everyone knows that water is used for rice,‖ he noted. ―There was a sense that there might be too much water used for rice. But they were knowledgable which may be an indication the CRC (California Rice Commission) is doing some good in the state. Come and get it ―We got the sense walking around the city that ‗we‘ll let the farmers have all the water they need. If there‘s any left, we‘ll drink it, and if there‘s any left after that, the guys from LA can come up and get it.‖In Portland, only a few hundred miles away, the sentiment was totally different. ―Suspicion; it‘s a totally evil plot, that sort of thing,‖ said Klein. ―You know we use the word flooding, and people associate flooding with Noah and a lot of water. That might be something we want to think about.‖Some focus group members believe that hot, humid weather is needed to grow rice, ―and they didn‘t think we had any weather like that in the United States,‖ said Klein. ―So that‘s one of the reasons they think most rice comes from China – that type of weather is prevalent there.‖ One Portland participant, a chef, said he would never serve rice grown in the United

Daily Global Rice E-Newsletter by Riceplus Magazine States,‖ said Klein. ―The only rice he would serve customers was rice that he knew was grown in a small village in southeast China. He was very opinionated, very misinformed and very, very passionate about his misinformation.‖When the focus group leaders talked about gains U.S. rice farmers have made in significantly reducing their crop‘s environmental footprint, the reaction was positive initially. Then the questions took a different turn. ―Is it hybrid rice from genetic engineering?‖ a focus group member from Chicago asked. ―This isn‘t logical unless they‘re using some sort of GMO,‖ said a group member from Portland. ―I think it‘s attributed to GMO. Monsanto,‖ said a Little Rock participant. Two defenders ―There were only two people in all of the groups who came to the defense of GMOs and said they weren‘t necessarily bad,‖ said Klein. ―They weren‘t really excited about it (GMOs). They seemed to be resigned to it.‖On the other hand, when the group members were informed that U.S. rice contains no GMOs, the atmosphere changed with some members applauding and a female member of one group pumping her arm in a ―yes‖ gesture to express their approval.Klein said the Federation took away several messages from the focus groups. One is that it needs to emphasize that rice farmers are family farmers and that few corporations run rice farms in the United States. ―We need to talk about our family farms and that our crops are locally grown, which might differentiate us from some other crops,‖ he said. ―Some people may use the term family-owned businesses, but I would say family farms.‖Another is the GMO issue. For now, the rice industry should take advantage of the no-GMO rice message. It

also should begin now to figure out how to address the GMO or Frankenfood problem before genetically-engineered rice becomes available. Another is conservation. ―Even the guy who wouldn‘t support U.S. rice could see the connection between rice farming and conservation,‖ Klein noted.Group members also liked the Grown in the USA Rice label and said they preferred to buy products grown and made in this country. ―One participant said she wouldn‘t buy rice from another country because she didn‘t like the chemicals they put on it and the fact they had their children out picking their rice.‖ For more information on U.S rice producers, visit http://www.usarice.com/. http://deltafarmpress.com/rice/facts-elusivesome-us-consumers-when-it-comes-rice

Arkansas Farm Bureau Daily Commodity Report A comprehensive daily commodity market report for Arkansas agricultural commodities with cash markets, futures and insightful analysis and commentary from Arkansas Farm Bureau commodity analysts. Noteworthy benchmark price levels of interest to farmers and ranchers, as well as long-term commodity market trends which are developing. Daily fundamental market influences and technical factors are noted and discussed.

Soybeans High Cash Bids 1069

Low 964

Daily Global Rice E-Newsletter by Riceplus Magazine New Crop 1069

1044

1021. 00

Ma r '16

+7.7 5

Riceland Foods Arkansas Daily Grain Report

Cash Bids Stuttgart: 1032

Pendleton: 1032

New Crop Stuttgart: 994

Pendleton: 999

Future s:

High

Low

Last

Chan ge

Jan 1034. '15 00

1015. 00

1027. 00

+3.5 0

Ma 1042. r 00 '15

1023. 25

1035. 25

+4.0 0

Ma 1047. y 75 '15

1029. 50

1041. 00

+4.5 0

Jul 1053. '15 00

1035. 00

1046. 75

+5.2 5

Au 1050. g 50 '15

1033. 25

1044. 50

+5.0 0

Sep 1027. '15 25

1012. 75

1025. 00

+6.2 5

Nov 1015. '15 00

996.2 5

1009. 50

+7.5 0

Jan 1018. '16 50

1002. 50

1015. 25

+7.5 0

FOB Memphis Elevator Crops

Soybean Comment Soybeans saw marginal gains today. Strong demand remains supportive but prices are feeling pressure from large supplies. Current forecast look very favorable for South American soybean production and we could see another record crop. This would likely push global stocks even higher, currently global stocks are forecast up more than 30%. as the demand is not forecast to keep up with production.

Wheat High Low Cash Bids 628

538

New Crop 593

568

Future s:

High

Low

Last Change

Ma 650.7 r 5 '15

617.0 0

648.5 0

+25.2 5

Ma 652.7 y 5 '15

619.7 5

650.7 5

+24.5 0

Daily Global Rice E-Newsletter by Riceplus Magazine Grain Sorghum

Jul 648.0 '15 0

619.5 0

646.7 5

+20.7 5

Sep 655.0 '15 0

626.5 0

654.0 0

+21.5 0

Dec 664.2 '15 5

636.2 5

663.5 0

+20.5 0

Ma 670.0 r 0 '16

651.5 0

670.7 5

+19.2 5

664.2 5

+17.7 5

FOB Memphis Elevator Crops

640.0 0

+11.5 0

Corn

Ma y '16 Jul 640.0 '16 0

625.0 0

High Low Cash Bids 486

368

New Crop 496

496

Arkansas Daily Grain Report

High Low Sep '16

643.0 0

+9.25 Cash Bids 406

381

New Crop 416

391

Arkansas Daily Grain Report FOB Memphis Elevator Crops

Wheat Comment Another strong day in wheat as the market remains focused on the Russian situation. Russia is already tweaking its export program in an effort to slow exports from the country. While this is supporting prices now, longer term it will likely have less of an affect as global supplies remain ample to meet demand. Larger supplies in EU and other countries are forecast by the USDA to offset the declines in Russia, this knee jerk reaction by the market to the Russia situation should top soon and prices move back to $6.

Future s:

High

Low

Last

Chang e

Ma 410.0 r 0 '15

403.5 0

408.2 5

+2.2 5

Ma 418.5 y 0 '15

412.0 0

416.5 0

+2.0 0

Jul 424.7 '15 5

418.5 0

423.2 5

+2.2 5

Sep 427.2 '15 5

421.0 0

425.2 5

+1.2 5

Dec 434.2

427.5

432.0

+1.2

Daily Global Rice E-Newsletter by Riceplus Magazine '15 5

Ma 442.2 r 5 '16

436.2 5

440.2 5

+1.2 5

Ma 448.0 y 0 '16

444.5 0

446.0 0

+0.7 5

Jul 451.0 '16 0

446.7 5

449.7 5

+0.5 0

Sep 437.0 '16 0

435.2 5

437.7 5

+0.2 5

Arkansas Daily Grain Report FOB Memphis Elevator Crops

Corn Comment Corn prices closed higher today. While the gains were good today, one would hope that some of the bullish news today would do more to support corn prices: Vilsack announced China has approved Viptera, ethanol production was a record 990,000 barrels last week, and Ukraine reportedly defaulting on 20% of corn sales to China. While prices have strengthened in recent weeks, we could see prices come under pressure soon as declining soybeans have improved the price ratio and could encourage more corn planting. Larger acres would put pressure on prices and limit upside potential in this market.

Futures :

High

Low

Last

Chang e

59.4 9

60.6 5

0.87

Ma 61.3 y 1 '15

60.0 5

61.1 6

0.78

Dec 64.4 '15

63.2 1

64.4 3

0.92

Memphis, TN Cotton and Tobacco Programs

Cotton Comment Cotton posted gains today. March has been unable to hold above resistance at 61 cents, and has moved back to the middle of the consolidation range. Support is the contract low of 58.53. The monthly supply/demand report held a mixed bag. Domestic production was cut by 474,000 bales to 15.923 million. However, that number was overshadowed by record-setting world ending stocks of 108.08 million bales.

Rice High

Low

Long Grain Cash Bids - - -

1160/cwt

Long Grain New Crop - - -

1134/cwt

Future s:

Cotton

Mar 60.9 '15

High

Low

Last

Jan 1220. '15 5

1207. 5

1211. 5

Chang e +3.5

Daily Global Rice E-Newsletter by Riceplus Magazine Ma 1243. r 5 '15

1229. 5

Ma 1269. y 0 '15

1269. 0

1233. 5

1261. 0

1278. 5

Jul '15 Sep 1220. '15 0

1220. 0

+1.5

: 155.9 75

156.4 00

+1.5

De 159.8 c 75 '14

2.57 5

155.7 50

+1.5

Fe 159.6 b 00 '15

3.00 0

Ap 159.1 r 75 '15

155.1 00

155.4 25

2.67 5

Ju 151.9 n 00 '15

146.6 50

148.1 00

1.55 0

Au 149.1 g 25 '15

143.1 25

145.4 75

0.65 0

150.1 Oct 50 '15

144.2 00

146.7 25

0.47 5

De 150.3 c 50 '15

144.3 50

147.5 00

+0.1 50

Fe 150.0 b 50 '16

144.0 50

147.3 50

+0.3 00

Ap 151.1 r 00 '16

145.5 00

148.3 50

0.15 0

High

Low

Last

Chang e

Jan 216.6 '15 00

216.6 00

3.00

1214. 0

+2.0

Nov '15

1204. 5

+2.5

Jan '16

1205. 5

+2.5

Rice Comment Rice ended higher but traded in a narrow range above support, which for January is around $12 and for March near $12.26. Resistance on any rebound will be $12.86 Â˝ for March. Burdensome world stocks continue to limit the upside potential. The domestic supply/demand estimates were unchanged in the latest report except for a 1 million hundred weight increase in exports that carried directly over into a 1 million cwt. Decrease in ending stocks. Average farm prices were lowered by 20 cents on either end, with the estimate now standing at $14-$15 per cwt.

Cattle

Feede rs:

Futur es: Live Cattle

High

Low

Last

Chang

Daily Global Rice E-Newsletter by Riceplus Magazine 0 Ma 212.2 r 50 '15

212.2 50

3.00 0

212.1 Apr 00 '15

212.1 00

3.00 0

Ma 212.4 y 25 '15

212.4 25

Au 212.4 g 00 '15

212.2 25

212.1 Sep 25 '15 212.1 Oct 00 '15

most months, which will be difficult for prices to recover from.

Hogs Future s:

Chang e

High

Low

Last

3.00 0

80.95 Feb 0 '15

78.67 5

80.37 5

1.30 0

212.2 25

3.00 0

82.47 Apr 5 '15

80.42 5

81.72 5

1.70 0

212.1 25

3.00 0

Ma 86.17 y 5 '15

84.20 0

85.95 0

1.25 0

212.1 00

3.00 0

89.65 Jun 0 '15

87.15 0

88.77 5

1.37 5

212.5 00

3.00 0

89.22 Jul 5 '15

86.75 0

88.47 5

0.97 5

88.32 Aug 5 '15

86.00 0

87.72 5

0.82 5

76.60 Oct 0 '15

74.97 5

76.45 0

1.05 0

72.60 Dec 0 '15

71.20 0

72.25 0

0.75 0

73.72 Feb 5 '16

72.50 0

73.62 5

1.12 5

Nov '15

Arkansas Prices Conway Livestock Auction Pocahontas Livestock Auction Oklahoma City Oklahoma City - Weekly Weighted Average Summary Wednesday

Cattle Comment Cattle prices closed lower again today. This weakness maybe a signal for producers to sell some of those cows they were holding onto. Prices have seen sharp losses of between 10 and $20 in

Daily Global Rice E-Newsletter by Riceplus Magazine Hog Comment

Shell Eggs Daily Midwest Regional Eggs Daily New York Eggs

National Turkeys Weekly Weighted Average Prices for Whole Young Turkeys

Delmarva Broilers Daily Southern Broiler/Fryers

Source with thanks: www.arfb.com

NFA opens importation of 187,000-MT rice By Czeriza Valencia (The Philippine Star) | Updated December 17, 2014 12:00am

MANILA, Philippines - The National Food Authority (NFA) has opened to the private sector the importation of 187,000 metric tons (MT) of high-quality rice under the minimum access volume (MAV) omnibus

importation program.The opening of the private sector importation under the MAV was done pursuant to the resolution passed by the NFA Council on Dec. 9.Each importer would be allowed to bring in a maximum of 5,000 MT for the entire allocation from any country of origin. No more allocations would be issued when the omnibus origin volume has already been exhausted.Imports would be levied a tariff of 40 percent which has be paid in advance through the LandBank of the Philippines. The final assessment of payment shall be conducted by the Bureau of Customs. Under the MAV omnibus importation program, importers would only be allowed to import high quality rice varieties such as glutinous rice, Jasponica, Basmati and other special and aromatic rice varieties.Regular rice with five percent brokens, 10 percent brokens, and 15 percent brokens may also be imported under this program. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 All NFA-licensed importers may apply to import under this program starting Dec. 28, 2014 until Jan. 31, 2015. All imports must arrive on or before Feb. 28, 2015.The complete list of requirements may be found at the NFA website.Interested importers must submit to the Grains Marketing Operations Department-Foreign Operations Division of the NFA a letter of intent together with all the documentary requirements.Corporations and cooperatives interested to participate in the program must designate, through a board resolution, an authorized representative to act on behalf of the corporation or cooperative during the application process. Farmersâ&#x20AC;&#x2DC; organizations must present an original certificate of good standing from the government agency where it is registered

Daily Global Rice E-Newsletter by Riceplus Magazine such as the Department of Agriculture, Department of Agrarian Reform or National Irrigation Administration. They must likewise authorize a representative. The Philippines has agreed this year to increase the volume of rice that could enter the country under the MAV to 805,000 MT from 350,000 MT in exchange for the extension of its special tax treatment on rice by the World Trade organization (WTO).For now, the country still implements the old MAV scheme under which, 187,000 MT may be of omnibus origin while 163,000 MT should be of country-specific origin. Under the country specific program, rice may only be imported from the following source countries with the respective allocations: Thailand (98,000 MT), India (25,000 MT), China (25,000 MT) and Australia (15,000 MT). Food security chief said Francis Pangilinan said the NFA Council would review and make recommendations on the enforcement of the country‘s commitment with the WTO.―The NFA Council imports committee created last August has been tasked to review and make recommendations regarding out WTO commitments. We will await their recommendations,‖ he said. Source with thanks: www.gov.ph/.../nfa-releasesguidelines-for-importation-of-187000mt-un.

Mekong Delta Rice Exports May Hit 5.85 Million Tonnes This Year CAN THO, Dec 17 (Bernama) - Mekong Delta's rice exports are likely to reach 5.85 million tonnes worth US$2.9 billion this year, Vietnam News Agency (VNA) reported.The latest figures are unchanged

from last year, said the Steering Committee for Southwestern Region.As of Tuesday, the region exported 5.6 million tonnes of rice and is projected to ship another 250,000 tonnes for the rest of the year.Asia and Africa account for 83 percent of Mekong Delta's rice export market.Other export destinations are the US, Europe and Oceania.

Source with thanks: www.bernama.com/bernama/v7/wn/newsworl d.php?id=1094068

Iran’s 8-month imports up 67%

wheat

On Line: 15 December 2014 19:12 In Print: Tuesday 16 December 2014

TEHRANIran imported near $1.3 million of wheat in the first eight months of the current Iranian calendar year (March 21-Novemebr 21), a 67.4 percent rise compared to the same period in the previous year.Wheat was Iran‘s main imported product during the mentioned period of time, accounting for 3.79 percent of the country‘s total worth of imports, the Fars News Agency reported on Monday. Iran imported $34.254 billion of non-oil products during the eightmonth period.

Daily Global Rice E-Newsletter by Riceplus Magazine The country imported $1.02 million worth of rice in the first eight months of current Iranian year, showing 36.3 percent drop compared to the same period last year.Traders say that Iran is stepping up its grain import activity. In recent years, it has imported around 5 million tons of the staple, but sources estimate the current requirement at up to 6 million tons. Iran‘s annual wheat production is forecast to reach 13 million tons by the end of 2014, a one-million ton fall from the previous year‘s estimated figure, according to the Food and Agriculture Organization of the United Nations (FAO) latest Crop Prospects and Food Situation Report.The report says Iran‘s annual rice paddy output is expected to hit 3 million tons in this year, with 100-ton rise from the figure estimated for 2013

Source with thanks: www.tehrantimes.com/.../120292-irans-8month-wheat-imports-up-67

Asia rice markets subdued; India prices ease on weak rupee By Reuters | 17 Dec, 2014, 04.23PM IST

Rice prices were little changed in Thailand and Vietnam as buying declined ahead of year-end holidays, traders said on Wednesday.ET SPECIAL: Save precious time tracking your investments BANGKOK: Rice prices were little changed in Thailand and Vietnam as buying declined ahead of year-end holidays, traders said on Wednesday, while prices in India edged down after its rupee currency sank to a 13-month low. "It's almost New Year so the market is quiet," a Bangkok-based trader said of trade in Thailand. "It is like this every year...the market tends to go quiet as companies close down."

The Indian rupee hit 13-month lows on Tuesday as markets in the region tumbled on fears over the health of the global economy. "Due to a slight drop in paddy prices and a weak rupee, exporters are reducing prices," said B V Krishna Rao, managing director of Pattabhi Agro Foods Pvt Ltd, a leading Indian exporter. Indian 5 per cent broken rice was quoted at $390-$400 a tonne, free-on-board (FOB) at Kakinada port, against around $405 FOB last week. "Since Thailand, Vietnam and Pakistan are quoting lower prices, Indian sellers have no choice but to follow them. Right now Indian exports are subdued, but from mid-January exports will pick up," Rao added.

The price of Thailand's benchmark 5 per cent broken rice has remained within the range of $410-$415 a tonne FOB since it first eased from $420 in mid-November. It was quoted at $413$415 on Wednesday. Thailand's government has about 17 million tonnes of rice in stockpiles and only a tenth of it is of standard export quality, according to the latest audit. The stocks were built up under the previous government's ricebuying scheme and has kept pressure on the

Daily Global Rice E-Newsletter by Riceplus Magazine global market. In an effort to sell off those stockpiles, the government will sign an agreement to sell rice to China on Friday, Arkom Termpittayapaisith, deputy minister of transport, told reporters on Wednesday. Details of the deal have not been made public. The government will also open a tender to sell 400,000 tonnes of rice on Monday.

Attorney-General (OAG) to help protect witnesses involved in the probe into former

Vietnam's rice market was also quiet due to the approaching holiday season with the 5 per cent broken grade quoted at $390-$395 FOB on Wednesday, against $390-$400 last Tuesday. "No one trades much at the year end," said a Vietnamese trader for a foreign company, adding that Chinese buyers had used up their quota for imports allowed this year.

prime minister Yingluck Shinawatra's role in the rice-pledging scheme. The National Anti-Corruption Commission (NACC) set its

sights

breaking

the

Yingluck

government's rice-purchase programme even before the May 22 coup, and continues to press hard for prosecution of the ex-premier and some of her cabinet ministers. (Photo by Thiti Wannamontha)

Source with thanks: http://economictimes.indiatimes.com/markets/co mmodities/asia-rice-markets-subdued-indiaprices-ease-on-weakrupee/articleshow/45548571.cms

NACC urges prosecutors to protect witnesses in rice case Published: 17 Dec 2014 at 06.19

NACC secretary-general Sansern Poljiak made the demand at a joint meeting between the NACC and the OAG Tuesday.The committee, set up on Sept 4, was intended to work on the case amid uncertainty about whether to indict Ms Yingluck for her alleged failure to stop losses under the scheme. The attorney-general says work by the NACC on the case is not strong enough to support indictments.Mr Sansern called on

Ariane Kupferman-Sutthavong

Attorney-General National

Anti-Corruption

Trakul

Winitnaiyapak,

Commission

who led OAG representatives at the

(NACC) Tuesday asked the Office of the

meeting, to defend plaintiffs, including the

Daily Global Rice E-Newsletter by Riceplus Magazine anti-graft

commission

itself,

from

counterclaims. He

said

witnesses,

including

officials

involved in the investigation, need to be protected because they often face parallel lawsuits filed by the defendant. Such lawsuits are aimed at deterring witnesses from testifying.Mr Sansern said the NACC also wanted the attorney-general to help set the direction of investigation. He suggests the office help with probes rather than wait for NACC reports to be complete. That should

help

reduce

the

problem

incomplete reports or gaps in procedure, he said. The NACC was ready to address the opening of Ms Yingluck's case before the National Legislative Assembly on Jan 9, he said Thanks with source: Bangkok post

Rice millersâ&#x20AC;&#x2122; problems to be solved on Dec 29â&#x20AC;&#x2122; TNN | Dec 17, 2014, 11.09 PM IST

PATNA: Chief minister Jitan Ram Manjhi on Wednesday said the longstanding problems of the rice millers would be solved at the entrepreneurs (udyami) panchayat scheduled for December 29. Speaking at a conference of Bihar state rice millers

association at the S K Memorial Hall, Manjhi promised to solve their problems instantly, but finance minister Bijendra Prasad Yadav said the announcements with financial implications can't be implemented instantly. The CM said he solved the problems of homeguards and the policemen on a single day and gave instant instructions to the officers regarding their longstanding demands. He said Bihar has 3,000 rice mills, yet the state imports rice from Punjab and Haryana. "The government proposes to procure 24 MT of rice from next year against 18 lakh MT this year. The state food corporation's godowns have the storage capacity for only 11 MT. This has to be increased," the CM said. He asked the industrialists to create job opportunities in Bihar itself so that local youths do not need to go outside Bihar in search of employment. He assured government assistance to the entrepreneurs. Industries minister Bhim Singh said an investment of Rs 8,000 crore was made in industries in Bihar and Rs 6,000 crore of that were in food processing units. Former minister Jagdanand Singh said only Biharis could improve the status of Bihar. It was unfortunate that Bihar had to import rice and wheat from Punjab and Haryana though its fields were rich in production but needed assured irrigation, Singh, a former water resources minister, said. Jagdanand said the government did not procure a single kg of rice this year. Sudhakar Singh, president of the millers' association, submitted a 9-point memorandum to the chief minister. He said the millers would cooperate with the state government in procurement and storage of foodgrains.

Daily Global Rice E-Newsletter by Riceplus Magazine He said the government miserably failed to meet the target of procuring 30 lakh tonne of rice. Bihar is getting 20 lakh tonne of rice annually from the central pool and importing 20 lakh MT from Punjab and Haryana, he said. He said the millers had been fighting for survival for the past three years. He feared the rice mill industry will collapse and it would result in the collapse of agro economy of the state.

"The President has instructed the Secretary of State to immediately initiate discussions with Cuba on the re-establishment of diplomatic relations with Cuba, which were severed in January 1961."In the coming months, we will re-establish an embassy in Havana and carry out high-level exchanges and visits between our two governments as part of the normalization process." EXPANDED TRAVEL AND TRADE

Source with thanks :http://timesofindia.indiatimes.com/city/patn a/Rice-millers-problems-to-be-solved-onDec-29/articleshow/45553894.cms

5 ways U.S.-Cuba relations are about to change 12:53 p.m. EST December 17, 2014 The American contractor, who has been held in Cuba on espionage charges for five years, is finally headed home. (News, USA TODAY)

President Obama is announcing a major overhaul of U.S.- Cuba relations, the biggest shift in the two nations' diplomatic posture since the severing of ties in 1961.Here are five key steps in Obama's announcement, from a White House summary: DIPLOMATIC RELATIONS

The administration is broadening use of existing categories of allowable travel, including for family visits, professional meetings and "support for the Cuban people." The announcement also includes step to increase commercial flights to Cuba.The administration is also increasing commercial trade in both directions. "Licensed U.S. travelers to Cuba will be authorized to import $400 worth of goods from Cuba, of which no more than $100 can consist of tobacco products and alcohol combined."Items that will be authorized for export include certain building materials for private residential construction, goods for use by private sector Cuban entrepreneurs,

Daily Global Rice E-Newsletter by Riceplus Magazine and agricultural farmers."

equipment

for

small

A view from Old Havana's Hotel Sevilla includes the tree-lined boulevard known as Paseo del Prado.(Photo: Laura Bly, USA TODAY) LARGER REMITTANCES For families in the U.S. sending cash back to Cuba, "remittance levels will be raised from $500 to $2,000 per quarter for general donative remittances to Cuban nationals (except to certain officials of the government or the Communist party); and donative remittances for humanitarian projects, support for the Cuban people, and support for the development of private businesses in Cuba will no longer require a specific license."

software, applications, hardware, and services, and items for the establishment and update of communications-related systems."

Cuban President Raul Castro talks during the plenary session of the XIII America's Peoples Alliance summit in Havana, Cuba, on Dec. 14, 2014.(Photo: Alejandro Ernesto, European Pressphoto Agency) TERRORISM REVIEW

EXPANDING CUBAN INTERNET

Cuba has been listed as a "state sponsor of terrorism" since 1982. Obama's action directs the secretary of State to "immediately launch" a review of that status and to"provide a report to the President within six months regarding Cuba's support for international terrorism." In order to increase the ability of Cubans to access the Internet, "The commercial export of certain items that will contribute to the ability of the Cuban people to communicate with people in the United States and the rest of the world will be authorized. This will include the commercial sale of certain consumer communications devices, related

(Photo: File photo by Charles Tasnadi, AP)

Source with thanks: http://www.usatoday.com/story/news/politic s/2014/12/17/cuba-policy-five-things-aboutto-change/20531081/