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Basmati rice exports delayed due to resumption Sat, 18 Feb 2017-09:11am , ANI
Delay in resumption of imports by Iran is likely to hinder the recovery in Indian Basmati rice exports, says credit rating agency, ICRA, in its latest update note on Indian Basmati rice industry. ICRA has estimated this as a temporary delay, considering Iran?s insufficient domestic rice production and depleting inventory levels to meet its demand. In ICRA?s view, the price cap of USD 850 per metric tonne (MT) could pose further hurdles for the Basmati rice industry; given that during the current procurement season average Basmati paddy prices have been higher by 20-25 percent. Thus an inflow of orders from Iran, even after the import ban is lifted, remains to be seen. ?Iran is a major export destination for Indian Basmati rice and decline in demand from Iran has played a role in the declining realisations of exports from India ? from USD 1298/MT in FY2014 to USD 784/MT in FY2017,? said Deepak Jotwani, Assistant VP, ICRA Ltd. Iran is amongst the major importers of Basmati rice from India. However, over the years, the Iranian Government has imposed a ban on import of Basmati rice from time to time, as per the movement in inventory held by its rice traders and also to safeguard the interests of its local farmers. Iran last imposed a ban on import of Basmati rice in July 2016. Given that the ban persisted against industry expectations, the Government of India sent a trade delegation to Iran in January 2017 to resolve the issue. Following this, it was expected that the import ban would be removed soon. While there has been no official Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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notification from Iran, a group of large Basmati rice importers in Iran have recently capped the price of Basmati rice imports at USD 850/MT. In another adverse development for the industry, the US has recently imposed fresh trade sanctions on Iran, which restrains Iran?s use of the US dollar for trade. These two developments have created uncertainty around the resumption of Basmati rice exports to Iran. While Basmati rice is consumed across the globe, West Asian countries continue to account for most of the imports (75 percent of Indian Basmati rice exports in FY2016). Within West Asia, Iran and Saudi Arabia are the two largest buyers, together accounting for 40 to 50 percent of total Basmati rice exports from India. In the past, Iran had been placed under economic sanctions by the USA, Europe and the United Nations, following which the Government of India implemented the rupee payment mechanism through UCO Bank to facilitate trade between India and Iran. This led to a surge in Indian Basmati rice exports to Iran (primarily Pusa 1121 variety) over FY2013 and FY2014 and it emerged as the largest importer (37 percent) of Basmati rice from India. However since then, exports to Iran have largely been on a downward trajectory owing to the import bans imposed. This has reflected in declining export realisations for the last few years. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed. http://www.dnaindia.com/money/report-basmati-rice-exports-delayed-due-to-resumption-of-imports-byiran-says-icra-2326987
USA Rice Meetings with the Trump Administration By Michael Klein Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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WASHINGTON, DC - While much of the action at this week's USA Rice Government Affairs Conference took place on Capitol Hill, attendees also participated in a dozen meetings with Trump Administration officials around the city to share priorities and hear updates. Groups made up of producers, millers, and merchants from all the major rice producing states visited with representatives and leadership at the U.S. Department of Agriculture (USDA), Department of State, U.S. Agency for International Development (USAID), World Food Program (WFP), Food and Drug Administration (FDA), Environmental Protection Agency (EPA), and the U.S. Trade Representative (USTR). "Preserving trade agreements that work and holding our trading partners accountable that don't live up to their obligations was our message in meetings with USDA and the U.S. Trade Representative's Office," said Carl Brothers, chairman of the USA Rice International Trade Policy Committee and COO, Riceland Foods, Inc. "We were very clear that NAFTA works for the rice industry and any improvements to this nearly 20 year-old trade deal can't come at our expense," Brothers said. "Looking forward, many heavy hitters in the global rice business like India are over subsidizing their rice producers which means U.S. growers and exporters have to compete with surplus production on the world market. The U.S. government needs to enforce existing trade agreements." Kick-starting the U.S. effort to sign a long-completed phytosanitary protocol permitting the purchase of U.S. milled rice by China's importers was a key topic of USA Rice's meeting with USDA's Animal and Plant Health Inspection Service. "This bilateral negotiation has been going on in one form or another for over a decade," according to Michael Rue, California producer and vice chairman of the International Trade Policy Committee. "China is delaying signature and we're asking the incoming Administration to bring this protocol across the goal line. They understand how important this is to the rice industry and we will assist in any way possible." Members also engaged in productive discussions with officials from USDA's Foreign Agriculture Service (FAS) on international market opportunities and USA Rice promotional strategies for 2017 in key export markets. Acting FAS Administrator Holly Higgins hosted the meeting, which included a welcome by Acting Deputy Undersecretary for Farm and Foreign Agricultural Services Jason Hafemeister. Members expressed appreciation for the strong commitment of FAS in helping rice industry efforts maintain and grow export markets. FAS officials also reviewed the state of play regarding NAFTA and Mexico, WTO panels on China's domestic support and TRQ Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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administration, rice trade with Cuba under the new Administration, and the future of Brexit and its impact on EU and UK trade agreements. Food aid was high on the agenda of USA Rice members in meetings with officials from USDA, USAID and the WFP. Members received an update on a study of rice fortification technologies and the use of fortified rice in food assistance programs. This study is near completion, and the results could help fortified rice be increasingly integrated into existing food aid programs. "Rice fortification is a proven, cost-effective way to combat malnutrition" said Bobby Hanks, CEO of Louisiana Rice Mill and Chair of the USA Rice Food Aid Subcommittee. "We encourage USDA and USAID to utilize every technology at their disposal so that fortified rice can be used successfully, and as a healthy and nutritious option for feeding programs". Mr. McKnight goes to Washington
In meetings with WFP officials, USA Rice members were clear in their support of in-kind commodity contributions in food aid programs as opposed to cash or vouchers, which can seriously increase the risk of fraud and abuse of funds that cannot be easily monitored. A robust group of growers attended back-to-back meetings with the USDA sub-agencies overseeing farm programs including, the Farm Service Agency (FSA), Risk Management Agency (RMA), and the Natural Resources Conservation Service (NRCS). Daniel Berglund, a rice farmer and crop insurance aficionado from Wharton, Texas, participated in all three of those meetings. Berglund said, "It's great to get a chance to meet with USDA staff that can really get in the weeds with us about technical issues and historical knowledge because of long careers in the industry. We were able to cover a lot of ground ranging from several new insurance endorsements we're submitting to the latest 'practical to replant' dates regulated by RMA." "Our meeting with NRCS just felt really effective, the room was brimming with excitement because of our great partnership with the agency, not to mention the $25 million in cost-share funding that's been collectively secured by the industry through the Regional Conservation Partnership Program. Our staff have clearly built strong relationships with many of the folks within the agencies and it makes working with USDA that much easier on us when we come into town," said Berglund.
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All of the officials shared the sentiment that meeting with a unified rice industry is helpful as they begin navigating their portfolios under the new Administration. "We think it was important to get into these agencies to reinforce our positions and expectations even before many of the Trump appointees are seated," said USA Rice President & CEO Betsy Ward, who attended most of the Administration meetings. "Those appointees are going to have to hit the ground running, but at least from a rice perspective, their staffs are well-briefed." Finally, in an annual tradition, members of the newly graduated Rice Leadership Development Class met with Ambassador José Ramón Cabañas Rodríguez at the Cuban Embassy to review the current state of relations between the two countries, and relay information to the Ambassador about their discussions on Cuba with Congress earlier in the week. Class member Hudgens Jeter, an Arkansas rice farmer, said, "We left the Cuban embassy with a sense of positivity because we know the Cuban people yearn for U.S. rice and our industry is willing and able to provide it. We just need to keep moving forward toward our common goal of opening this market." USA Rice
Iran's delay in resumption of imports to hinder Basmati exports' recovery However, this as a temporary delay, considering Iran's insufficient domestic rice production Press Trust of India | Mumbai February 17, 2017 Last Updated at 21:55 IST
After Trump sanctions, currency crisis in Iran hits India's basmati exportsCurrency crisis in Iran hits India's basmati rice exportsWagah open for Afghan exports but not imports, says PakistanT N Ninan: TCS vs Garment exportersBasmati exporters' scrips rise on high shipment, price outlook Delay in the resumption of imports by Iran is likely to hinder the recovery in Basmati exports from India, a report said. However, this as a temporary delay, considering Iran's insufficient domestic rice production and depleting inventory levels to meet its demand, the rating agency ICRA said in its latest update note on Indian Basmati rice industry.
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The price cap of $850 per metric tonne (MT) could pose further hurdles for the Basmati rice industry, given that during the current procurement season average Basmati paddy prices have been higher by 2025 per cent, Icra said. Thus an inflow of orders from Iran, even after the import ban is lifted, remains to be seen, it said.
"Iran is a major export destination for Indian Basmati rice and decline in demand from Iran has played a role in the declining realisations of exports from India — from $1298/MT in FY2014 to $784/MT in 8M FY2017," Icra Assistant Vice-President Deepak Jotwani said.
Over the years, the Iranian Government has imposed a ban on import of Basmati rice from time to time, according to the movement in inventory held by its rice traders and also to safeguard the interests of local farmers. Iran last imposed a ban on import of Basmati in July 2016.
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The Indian government sent a trade delegation to Iran in January 2017 to resolve the issue. While there has been no official notification from Iran, a group of large Basmati rice importers in Iran recently capped the price of Basmati rice imports at $850/MT, the report said.
In another adverse development for the industry, the US recently imposed fresh trade sanctions on Iran, which restrains Iran's use of the US dollar for trade. These two developments have created uncertainty around the resumption of Basmati rice exports to Iran, Icra said. West Asian countries continue to account for the major chunk of imports of Basmati; nearly 75 per cent of Indian Basmati rice exports in FY16 were to these nations. Within West Asia, Iran and Saudi Arabia are the two largest buyers, together accounting for 40-50 per cent of total Basmati rice exports from India. http://www.business-standard.com/article/pti-stories/iran-s-delay-likely-to-hinder-recovery-in-basmatiexports-117021700817_1.html
Bidders flock to Thai rice auction The Foreign Trade Department of Thailand has called for the auction of 2.87 million tonnes of rice stocks fit for human consumption PUBLISHED : Friday, 17 February, 2017, 3:24pm UPDATED : Friday, 17 February, 2017, 3:24pm
The first Thai general auction of state rice stocks in 2017 drew active interest, with 48 qualified bidders offering the highest prices for 2.03 million tonnes of rice at 18.58 billion baht (US$530,857,169.40). According to Duangporn Rodphaya, director-general of the Foreign Trade Department in Thailand, hom mali fragrant rice attracted the most interest, accounting for 26.1% of the total or 745,236 tonnes, followed by white rice 5% at 479,761 tonnes or 16.8%. The Foreign Trade Department announced on Jan 10 a call for a general auction for the remaining 2.87 million tonnes fit for human consumption. The stocks are kept in 274 state Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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warehouses in 17 provinces. Interested bidders were allowed to observe the rice stocks during Feb 6-10.
Qualified bidders were scheduled to submit their bids yesterday, with the names of the winners to be announced on the same day. But the department on Feb 14 ordered the auction of 4,784 tonnes of hom mali rice at warehouses in Nakhon Sawan to be scrapped, as requested by the Public Warehouse Organisation. Mrs Duangporn said the department would later submit the results of the auction to the panel handling state rice stocks and the national rice policy committee for final approval. Prime Minister Prayut Chan-o-cha said last month that the government wanted to dispose of its existing rice stocks this year. Most of the existing 8 million tonnes are white rice, 5 million tonnes of which is poor-quality grain unfit for human consumption.
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The remaining 2.87 million tonnes was mixed grade in quality and suitable for human consumption. The Commerce Ministry is in talks with the Energy and Industry ministries to find industrial purposes for the inedible stocks, such as biomass and ethanol production. The Thai Rice Exporters Association forecast last month Thai rice exports were expected to drop by 3.8% in volume this year, with export prices likely to stay relatively low because of higher global supply and stiffer competition. The shipments should reach 9.5 million tonnes this year, fetching US$4.3 billion or 150 billion baht, the association said. Of the total export volume, 4.6 million tonnes is forecast to be white rice, 2.4 million tonnes hom mali rice, 2 million tonnes parboiled rice and the rest glutinous and broken rice http://www.scmp.com/news/asia/southeast-asia/article/2071784/bidders-flock-thai-rice-auction
Iran’s delay likely to hinder recovery in Basmati exports Mumbai, Feb 17 (PTI) Delay in resumption of imports by Iran is likely to hinder the recovery in Basmati exports from India, a report said. By PTI Feeds | Published: February 17, 2017 6:12 PM ISTEmail
Mumbai, Feb 17 (PTI) Delay in resumption of imports by Iran is likely to hinder the recovery in Basmati exports from India, a report said. However, this as a temporary delay, considering Iran’s insufficient domestic rice production and depleting inventory levels to meet its demand, the rating agency ICRA said in its latest update note on Indian Basmati rice industry. Price cap of USD 850 per metric tonne (MT) could pose further hurdles for the Basmati rice industry, given that during the current procurement season average Basmati paddy prices have Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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been higher by 20-25 per cent, ICRA said. Thus an inflow of orders from Iran, even after the import ban is lifted, remains to be seen, it said. ―Iran is a major export destination for Indian Basmati rice and decline in demand from Iran has played a role in the declining realisations of exports from India — from USD 1298/MT in FY2014 to USD 784/MT in 8M FY2017,‖ ICRA Assistant Vice President Deepak Jotwani said. Over the years, the Iranian Government has imposed a ban on import of Basmati rice from time to time, as per the movement in inventory held by its rice traders and also to safeguard the interests of local farmers. Iran last imposed a ban on import of Basmati in July 2016. The Indian government sent a trade delegation to Iran in January 2017 to resolve the issue. While there has been no official notification from Iran, a group of large Basmati rice importers in Iran recently capped the price of Basmati rice imports at USD 850/MT, the report said. In another adverse development for the industry, the US recently imposed fresh trade sanctions on Iran, which restrains Iran’s use of the US dollar for trade. These two developments have created uncertainty around the resumption of Basmati rice exports to Iran, ICRA said. West Asian countries continue to account for major chunk of imports of Basmati; nearly 75 per cent of Indian Basmati rice exports in FY2016 were to these nations. Within West Asia, Iran and Saudi Arabia are the two largest buyers, together accounting for 4050 per cent of total Basmati rice exports from India. This is published unedited from the PTI feed. http://www.india.com/news/agencies/irans-delay-likely-to-hinder-recovery-in-basmati-exports-1849006/
Foodgrain output up 8.1% in 2016-17 due to good monsoons Avneet Kaur New Delhi
Last Updated: February 17, 2017 | 17:44 IST
Foodgrain production in India has grown by 8.1 per cent to 271.98 million tonnes in 2016-17, as per the 2nd advance estimates released by the ministry of agriculture & farmer welfare. The bumper output expected this year would be 15 per cent higher than the average production of foodgrain recorded during the last five years (2011-12 to 2015-16). According to the department, the record output is a result of favourable monsoon and various policy initiatives taken by the government. Production of wheat, coarse cereals, pulses and oilseeds are expected to touch new records-
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Rice: Total production of rice is estimated at record 108.86 million tonnes which is a new record. This year's rice production is higher by 2.21 million tonnes than previous record production of 106.65 million tonnes achieved during 2013-14. It is also higher by 3.44 million tonnes than the five years' average Rice production of 105.42 million tonnes. Production of rice has increased significantly by 4.45 million tonnes than the production of 104.41 million tonnes during 2015-16. Wheat: Production of Wheat, estimated at 96.64 million tonnes is also a record. This year's wheat production is higher than the previous record production of 95.85 million tonnes achieved during 2013-14. Production of Wheat during 2016-17 is also higher by 4.03 million tonnes than the average wheat production. The current year's production is higher by 4.36 million tonnes as compared to Wheat production of 92.29 million tonnes achieved during 2015-16. Coarse Cereals: Total production of coarse cereals is estimated at a new record level of 44.34 million tones, higher than the average production by 3.00 million tones. It is higher than the previous record production of 43.40 million tonnes achieved during 2010-11 by 0.94 million tonnes. Current year's production it is also higher by 5.82 million tonnes as compared to their production of 38.52 million tonnes achieved during 2015-16.
Pulses: As a result of significant increase in the area coverage and productivity of all major Pulses, total production of pulses during 2016-17 is estimated at 22.14 million tonnes which is higher by 2.89 million tonnes than the previous record production of 19.25 million tonnes Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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achieved during 2013-14. Production of Pulses during 2016-17 is also higher by 4.50 million tonnes than their Five years' average production. Current year's production is higher by 5.79 million tonnes than the previous year's production of 16.35 million tonnes. Oilseeds: With an increase of 8.35 million tonnes over the previous year, total Oilseeds production in the country is estimated at record level of 33.60 million tonnes. It is higher by 0.85 million tonnes than the previous record production of 32.75 million tonnes achieved during 2013-14. The production of Oilseeds during 2016-17 is also higher by 4.34 million tonnes than the five year's average Oilseeds production. The current year's production is significantly higher than the production of 25.25 million tonnes during 2015-16. Sugarcane: Its production is estimated at 309.98 million tonnes which is lower by 38.46 million tonnes than the last year's production of 348.45 million tonnes. Cotton: Despite lower area coverage during 2016-17, higher productivity of Cotton has resulted into higher production of 32.51 million bales (of 170 Jute & Mestakg each) as compared to 30.01 million bales during 2015-16. Jute & Mesta: Production of Jute & Mesta estimated at 10.06 million bales (of 180 kg each) is marginally lower than their production of 10.52 million bales during the last year http://www.businesstoday.in/sectors/agriculture/foodgrain-output-up-8.1-per-cent-in-2016-and17-due-to-good-monsoons/story/246578.html
January rice exports hit $12m Submitted by Eleven on Fri, 02/17/2017 - 12:27 Writer: EMG
Myanmar earned more than US$12 million exporting over 40,000 tonnes of rice by sea in January, according to the Ministry of Commerce. It was a 17,694-tonne increase from December. The country exported more than US$3.58 million worth of rice to the US from January 29 to February 4. Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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It also earned more than US$10 million exporting 40,576 tonnes of broken rice last month. Myanmar exported more than 1.15 million tonnes of rice and broken rice between April and January, nearly 150,000 tonnes down on the previous year, according to the ministry. Khin Maung Lwin, a senior official from the ministry, said this year’s rice exports are expected to ―almost‖ reach last year’s figure. Myanmar exports rice to more than 50 countries with more than 70 per cent going to China, according to the ministry. The country inked a deal with Sri Lanka for 50,000 tonnes of rice by May http://www.elevenmyanmar.com/business/7918
Nagpur Foodgrain Prices Open-February 17 Nagpur Foodgrain Prices – APMC/Open Market-February 17 Nagpur, Feb 17 (Reuters) – Gram and tuar prices moved down in Nagpur Agriculture Producing and Marketing Committee (APMC) auctions on lack of demand from local millers amid good supply from producing regions. High moisture content arrival and easy condition in Madhya Pradesh pulses also affected prices, according to sources. FOODGRAINS & PULSES GRAM * Desi gram reported higher in open market on good seasonal demand from local traders. TUAR * Tuar Karnataka showed weak tendency in open market on increased supply from producing belts. * Batri dal and Lakhodi dal recovered in open market of good seasonal demand from local traders.
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* Moong Chamki firmed up in open market on good buying support from local traders amid weak arrival from producing regions. * In Akola, Tuar New – 4,400-4,500, Tuar dal (clean) – 7,000-7,300, Udid 6,400-6,800, Udid Mogar (clean) – 9,000-9,500, Moong Mogar (clean) 6,700-7,100, Gram – 5,300-5,350, Gram Super best bold – 7,500-7,900 for 100 kg. * Wheat, rice and other commodities moved in a narrow range in scattered deals, settled at last levels in thin trading activity. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction 4,600-5,080 4,750-5,240 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction 3,950-5,050 3,950-5,150 Moong Auction n.a. 6,400-6,600 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 7,500-8,000 7,500-8,000 Gram Super Best n.a. n.a. Gram Medium Best 6,500-7,000 6,500-7,000 Gram Dal Medium n.a. n.a Gram Mill Quality 5,900-6,200 5,900-6,200 Desi gram Raw 5,300-5,450 5,250-5,450 Gram Yellow 8,000-8,500 8,000-8,500 Gram Kabuli 11,600-12,800 11,600-12,800 Tuar Fataka Best-New 7,200-7,500 7,200-7,500 Tuar Fataka Medium-New 6,400-7,000 6,400-7,000 Tuar Dal Best Phod-New 6,000-6,300 6,000-6,300 Tuar Dal Medium phod-New 5,500-5,900 5,500-5,900 Tuar Gavarani New 4,500-4,700 4,500-4,700 Tuar Karnataka 4,400-4,600 4,500-4,800 Masoor dal best 5,600-6,000 5,600-6,000 Masoor dal medium 5,500-5,700 5,500-5,700 Masoor n.a. n.a. Moong Mogar bold (New) 6,900-7,200 6,900-7,200 Moong Mogar Medium 6,200-6,600 6,200-6,600 Moong dal Chilka 5,900-6,500 5,900-6,500 Moong Mill quality n.a. n.a. Moong Chamki best 6,500-6,900 6,400-6,800 Udid Mogar best (100 INR/KG) (New) 9,500-9,900 9,500-9,900 Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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Udid Mogar Medium (100 INR/KG) 7,800-8,500 7,800-8,500 Udid Dal Black (100 INR/KG) 5,100-5,400 5,100-5,400 Batri dal (100 INR/KG) 5,400-5,800 5,400-5,800 Lakhodi dal (100 INR/kg) 3,700-3,900 3,700-3,900 Watana Dal (100 INR/KG) 3,000-3,100 3,000-3,100 Watana White (100 INR/KG) 3,200-3,400 3,200-3,400 Watana Green Best (100 INR/KG) 3,800-4,300 3,800-4,300 Wheat 308 (100 INR/KG) 2,000-2,100 2,000-2,100 Wheat Mill quality (100 INR/KG) 2,100-2,200 2,100-2,200 Wheat Filter (100 INR/KG) 2,100-2,300 2,100-2,300 Wheat Lokwan best (100 INR/KG) 2,500-2,700 2,500-2,700 Wheat Lokwan medium (100 INR/KG) 2,200-2,500 2,200-2,500 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,600-4,200 3,600-4,200 MP Sharbati Medium (100 INR/KG) 2,700-3,200 2,700-3,200 Rice BPT best New(100 INR/KG) 2,700-3,200 2,700-3,200 Rice BPT medium (100 INR/KG) 2,200-2,400 2,200-2,400 Rice Luchai (100 INR/KG) 2,200-2,500 2,200-2,500 Rice Swarna best (100 INR/KG) 2,600-2,800 2,500-2,700 Rice Swarna medium (100 INR/KG) 2,400-2,500 2,300-2,400 Rice HMT best New (100 INR/KG) 3,500-4,000 3,500-4,000 Rice HMT medium (100 INR/KG) 2,900-3,100 2,900-3,100 Rice Shriram best New(100 INR/KG) 4,600-4,800 4,600-4,800 Rice Shriram med New(100 INR/KG) 4,200-4,400 4,200-4,400 Rice Basmati best (100 INR/KG) 9,000-13,000 9,000-13,000 Rice Basmati Medium (100 INR/KG) 4,800-6,000 4,800-6,000 Rice Chinnor best New(100 INR/KG) 4,700-5,000 4,700-5,000 Rice Chinnor med. New (100 INR/KG) 4,400-4,600 4,400-4,600 Jowar Gavarani (100 INR/KG) 2,000-2,300 2,000-2,300 Jowar CH-5 (100 INR/KG) 1,900-2,000 1,900-2,000 WEATHER (NAGPUR) Maximum temp. 32.8 degree Celsius, minimum temp. 13.5 degree Celsius Rainfall : Nil FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 and 15 degreeCelsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, butincluded in market prices) http://in.reuters.com/article/nagpur-foodgrain-idINL4N1G22ZB
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China Scientist Convicted in U.S. of Theft of Engineered Rice By REUTERSFEB. 16, 2017, 6:36 P.M. E.S.T. (Reuters) - A federal jury on Thursday convicted a Chinese scientist in Kansas of conspiring to steal samples of a variety of genetically engineered rice seeds from a U.S. research facility, the U.S. Justice Department said, the latest attempt at agricultural theft linked to China.Weiqiang Zhang, 50, a Chinese national living in Manhattan, Kansas, was convicted on three counts, including conspiracy to steal trade secrets and interstate transportation of stolen property, the department said in a statement.Zhang, who has a doctorate from Louisiana State University, worked as a rice breeder for Kansas-based Ventria Bioscience Inc, which develops genetically programmed rice used in the therapeutic and medical fields. He stole hundreds of rice seeds produced by Ventria and stored them at his Manhattan residence, the statement said.In recent years, U.S. law enforcement officials have urged agriculture executives and security officers to increase their vigilance and report suspicious activity involving farm products, citing a growing economic and national security threat to the sector. The number of international economic espionage cases referred to the U.S. Federal Bureau of Investigation is rising, up 15 percent each year from 2009 to 2014 and up 53 percent in 2015, according to the FBI. In Zhang's case, employees of a crop research institute in China visited him in 2013 in Kansas. U.S. customs officers found seeds belonging to Ventria in the luggage of Zhang's visitors as they prepared to leave the United States for China, the department said. The case laid bare the value, and vulnerability, of advanced food technology in a world with 7 billion mouths to feed, 1.36 billion of them Chinese.China bans commercial growing of GMO grains due to public opposition to the technology. Still, President Xi called in 2014 for China to innovate and dominate the technique, which promises high yields through resistance to drought, pests and disease.In October, a geneticist at the U.S. Agriculture Department, Wengui Yan, pleaded guilty to making false statements to the FBI when questioned about plans to send U.S. rice samples to China. Yan admitted a group of Chinese tourists in 2013 told him of their plans to steal engineered U.S. rice. (Reporting by Eric Beech in Washington and Tom Polansek in Chicago; Editing by Richard Chang and Chris Reese) https://www.nytimes.com/reuters/2017/02/16/world/asia/16reuters-usa-justice-rice.html Fot e-Newsletter Advertisement: Mujahid Ali, 0321 3692874 mujahid.riceplus@gmail.com
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