21st August, 2014
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TOP Contents - Tailored for YOU Latest News Headlines…
India Rice Sellers Increase Most of Their Quotes Today; Other Asia Rice Quotes Unchanged Iraq Re-invites Tenders to Buy 15,000 Tons of Indian Basmati Rice Oryza Global Rice Quotes Wet, Stormy Weather Concerns Italy's Rice Farmers California Livestock Producers Overcome Drought-triggered Feed Shortages with Rice Straw Coming Soon: Rice Blast-Resistant Variety That Can Adapt to Australian Farms How Phosphate-Starvation Can Affect the Fate of Your Rice Plant Indian State Goa Seeks $24 Million Central Government Assistance to Boost Rice Production Oryza Afternoon Recap - Chicago Rough Rice Futures Close Slightly Lower as Bearish Grains Exert Bearish Pressure Oryza Overnight Recap - Chicago Rough Rice Futures Open Flat as Market Lacks Outside Direction and Fundamental Support Oryza Rice Currency Analysis for Today – Mexico Peso Falls 0.6% Oryza U.S. Rough Rice Recap - Quiet Market as Price Ideas Hold Thailand Caps September 2014 Rice Export Quota to EU at 768 Tons
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India Rice Sellers Increase Most of Their Quotes Today; Other Asia Rice Quotes Unchanged Aug 20, 2014
India rice sellers increased most of their quotes by about $5 per ton today. Other Asia rice sellers kept their quotes mostly unchanged. 5% Broken Rice Thailand 5% rice is quoted at around $440 - $450 per ton, about $10 per ton discount to Vietnam 5% rice shown at around $450 - $460 per ton. India 5% rice is quoted at around $440 - $450 per ton, up about $5 per ton from yesterday and on par with Pakistan 5% rice quoted at around $440 - $450 per ton.
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25% Broken Rice Thailand 25% rice was last quoted at around $350 - $360 per ton, about $50 per ton discount to Vietnam 25% rice shown at around $400 - $410 per ton. India 25% rice is quoted at around $390 - $400 per ton, about $5 per ton discount to Pakistan 25% rice quoted at around $395 - $405 per ton. Parboiled Rice Thailand parboiled rice is quoted at around $445 - $455 per ton. India parboiled rice is quoted at around $430 $440 per ton, up about $5 per ton from yesterday and about $20 per ton discount to Pakistan parboiled rice quoted at around $450 - $460 per ton. 100% Broken Rice Thailand broken rice, A1 Super, was last quoted at around $310 - $320 per ton, about $25 per ton discount to Vietnam broken rice shown at around $335 - $345 per ton. India broken sortexed rice is quoted at around $345 - $355 per ton, up about $5 per ton from yesterday and about $20 per ton premium on Pakistan broken sortexed rice quoted at around $325 - $335 per ton. Tags: India rice prices, Vietnam rice prices, Thailand rice prices, pakistan rice prices
Iraq Re-invites Tenders to Buy 15,000 Tons of Indian Basmati Rice Aug 20, 2014
Iraq's Ministry of Trade has re-invited tenders to buy 15,000 tons of basmati rice from India, according to Bloomberg. Tenders will open till September 1, 2014 and the offers must be valid till September 5, 2014. The new tender pertains to 15,000 tons of parboiled basmati rice, which Iraq's General Contracts Department sought to purchase in July in a tender that closed on July 21, 2014. Tags: Iraq rice tenders, india basmati rice
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Oryza Global Rice Quotes August 21st, 2014 Long grain white rice - high quality
Thailand 100% B grade 455-465
↔
Vietnam 5% broken
450-460
↔
India 5% broken
440-450
↔
Pakistan 5% broken
440-450
↔
Cambodia 5% broken
465-475
↔
U.S. 4% broken
535-545
↔
Uruguay 5% broken
610-620
↔
Argentina 5% broken
610-620
↔
Long grain white rice - low quality ↔
Thailand 25% broken
NQ
Vietnam 25% broken
400-410
↔
Pakistan 25% broken
395-405
↔
Cambodia 25% broken 450-460
↔
India 25% broken
390-400
↔
U.S. 15% broken
525-535
↔
Long grain parboiled rice
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Thailand parboiled 100% stxd
445-455
Pakistan parboiled 5% broken stxd
↔
450-460
India parboiled 5% broken stxd 430-440
↔
U.S. parboiled 4% broken
630-640
↔
Brazil parboiled 5% broken
595-605
↔
Uruguay parboiled 5% broken NQ
↔
↔
Long grain fragrant rice Thailand Hommali 92% Vietnam Jasmine
1055-1065 590-600
↔
India basmati 2% broken
NQ
↔
Pakistan basmati 2% broken
NQ
↔
Cambodia Phka Malis 880-890
↔
↔
Brokens Thailand A1 Super
NQ
↔
Vietnam 100% broken 335-345 Pakistan 100% broken stxd Cambodia A1 Super
↔
325-335
360-370
↔
India 100% Broken stxd
345-355
Egypt medium grain brokens
NQ
U.S. pet food
↔
470-480
Brazil half grain
NQ
↔
↔
↔
↔
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Medium grain milled U.S. Calrose 4% broken
1025-1035
Egypt medium grain 6%
NQ
↔
↔
All prices USD per ton, FOB vessel, oryza.com
Wet, Stormy Weather Concerns Italy's Rice Farmers Aug 20, 2014
An old adage goes “climate is what we expect, weather is what we get” – and the weather rice farmers are currently getting in Po Valley, Italy, is certainly not what they were expecting.In the Po Valley, summer has brought difficult weather conditions, constant rains, and temperatures below the average seasonal level. For an area that boasts 90% of Italy‟s domestic rice growing area, this is a real problem. Farmers have had to battle nearly continuous storms and even tornadoes.The Palmer Drought Severity Index (PDSI) in July evaluated the Novara province in Piedmont and showed a degree of +4 (really damp), with Vercelli showing normal conditions. In Lombardy, during the week July 28-August 3, the water inflow in Sesia, Agogna, and Terdoppio Rivers reached 172.2 million cubic meters, while the Ticino River area reached 133.2 million cubic meters.In July, Milan had 16 rainy days whereas the 23-year-average is only 5.3 days. So far, 184 millimeters of rain have accumulated, while the 23-year-average is only 73 millimeters (according to data supplied by ARPA Lombardia, the Regional Environmental Agency).Farmers won‟t know how badly their rice fields are affected until harvest, but farmers‟ trade unions have already pointed out the potential risk of rice not heading properly if temperatures remain too low.Now if only they could send some of that rain to California, where the drought is still in full effect… Tags: weather, climate, Drought, rain
California Livestock Producers Overcome Droughttriggered Feed Shortages with Rice Straw Aug 20, 2014
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California livestock producers, who are facing feed shortages due to drought, are making utmost use of abundant rice straw lying around after harvest by converting it into cattle feed, according to local sources. Researchers at the University of California (UC) Cooperative Extension have been working towards converting rice straw into 'strawlage', a protein feed that has slightly higher level of moisture, which is almost equal to a low quality hay and is relatively cheaper than the traditional hay used by livestock producers. Currently, 'strawlage' with about 45-65% moisture content is available for around $40 per ton compared to hay with 10% moisture content available at around $200 per ton. Due to prevailing drought conditions, many producers are preferring „strawlageâ€&#x; despite higher moisture content. According to UC Cooperative Extension livestock and natural resources advisor, producers have found some disadvantages such as mould formation and eventual nutritional loss with 'strawlage'. He noted that the researchers are in the process of finding solutions to these problems and are collaborating with researchers in Australia and Portugal. Once solutions are identified, 'strawlage' could be very useful as cattle feed, he added. Also due to high moisture content, producers may find it difficult to transport 'strawlage' to distant places. The UC advisor says it can be more useful to livestock producers in the vicinity of rice fields. Tags: U.S. rice production, california drought, Cattle feed, rice straw
Coming Soon: Rice Blast-Resistant Variety That Can Adapt to Australian Farms Aug 20, 2014
Four years ago, rice blast disease struck the rice farms in Ord River Irrigation Area of Western Australia and the impact was staggering. Researcher Vincent Lanoiselet from the department of Agriculture and Food is now working towards developing a rice blast screening program and rice blast-resistant variety that can adapt to Australian conditions.Lead researcher Vincent Lanoiselet along with Dr Xiangling Fang and other scientists from the Department of Agriculture and Food, University of Western Australia and the NSW Department of Primary Industries presented these results at a rice research workshop at New South Wales recently.
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The team is working on 25 rice germplasms (genetic resources for an organism) with single blast-resistance genes. They had identified a high level of genetic diversity and five strains of disease among rice blast isolates in northern Australia.Of the 25 genes roped in from the Temperate Rice Research Consortium and the International Rice Research Institute, 24 were released from the departmentâ€&#x;s Post Entry Quarantine (PEQ) in South Perth in April and May 2014. Meanwhile gene Pi40 which has displayed broad-spectrum blast resistance has also been released from PEQ and is being multiplied in Western Australia. Tags: Rice, rice news, rice blast, Australia, farmers, how to, rice blast-resistant
How Phosphate-Starvation Can Affect the Fate of Your Rice Plant Aug 20, 2014
Call it a Domino effect, but Phosphate - or the lack of it - in soil can actually affect the price of rice! While phosphorous itself is available in plenty in the soil, Phosphate (the inorganic form of Phosphorous) and the main source for plants is scarce because of its low soil solubility in soil and high adsorption capacity. Due to this, plants cannot optimize Phosphate's presence. This leads to Phosphate-starvation especially in areas such as south-western Australia. Phosphate starvation translates into reduced growth and thus reduced yield.Researchers at University of Western Australia and La Trobe studied Phosphate homeostatis to conclude more such interesting facts. They examined rice roots and shoots within one hour to a few days after Phosphate removal and again its effect up to three weeks of Phosphate starvation. This enabled them to understand the importance of each gene at each time and the response to phosphate starvation in a tissue-specific manner. They also went ahead to study what happens when Phosphate is resupplied to treat Phosphate starvation, a subject that hasn't been explored vastly by previous researchers. The team measured the response of rice to phosphate re-supply within one hour, six hours and 24 hours to study the early dynamics involved here. They succeeded in finding genes responding to phosphate starvation and/or resupply. This could lead to better information to help rice plants that suffer Phosphate starvation to give better yields. Tags: Rice, rice news, phosphate-starvation, how to, phosphate, Research, University of Western Australia, La Trobe, rice variety
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Indian State Goa Seeks $24 Million Central Government Assistance to Boost Rice Production Aug 20, 2014
The Indian state Goa is seeking central government assistance to increase rice production in the state through introduction of latest technologies, according to local sources.Local sources quoted the Goa Chief Minister has saying that the state government has sought Rs.150 crore (around $24.7 million) assistance from the central government as a grant under the 'Rajiv Krishi Vikas Yojana' scheme. He noted that rice farmers in the state should be given technological help to increase yields adding that his government is keen on enhancing paddy yields to 6 tons per hectare from the current 3.9 tons per hectare. The Chief Minister also stated that many rice farmers are abandoning paddy fields and are shifting to other horticulture crops because of lucrative returns from them. He therefore urged the central government to support farmers to ensure that they continue rice farming.Goa contributes to a very little percentage of overall paddy rice production in India. In 2011-12, a total of 47,237 hectares of land was allotted to paddy and the total paddy production during the year stood at around 182,945 tons (with kharif crop accounting for around 118,145 tons and rabi crop accounting for around 64,800 tons), according to the data from Ministry of Agriculture, Goa. Paddy rice production in the state increased by about 6% in 2011-12 from around 172,489 tons produced in 2010-11. Mostly saline-tolerant rice varieties such as Korgut, Assgo and Muno as well as hybrid rice varieties are grown in Goa. Tags: India rice production, Goa rice production, Goa rice acreage
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Oryza Afternoon Recap - Chicago Rough Rice Futures Close Slightly Lower as Bearish Grains Exert Bearish Pressure Aug 20, 2014
Chicago rough rice futures for Sep delivery settled 1 cent per cwt (about $0.22 per ton) lower at $13.110 per cwt (about $289 per ton). The other grains finished the day lower; soybeans closed about 1.4% lower at $10.3800 per bushel; wheat finished about 1.2% lower at $5.3950 per bushel, and corn finished the day about 1.3% lower at $3.6750 per bushel.U.S. stocks rose on Wednesday, lifting the S&P 500 to within 6 points from its record, ahead of minutes from the Federal Reserve's last meeting. Erasing losses, the Dow Jones Industrial Average was lately up 46.45 points, or 0.3%, at 16,966.04. The S&P 500 rose 3.70 points, or 0.2%, to 1,985.30, with industrials faring best and energy the worst performer among its 10 main sectors. The Nasdaq added 1.19 point to 4,528.71. Gold is trading about 0.2% lower, crude oil is seen trading about 0.4% higher, and the U.S. dollar is seen trading about 0.2% higher at about 1:00pm Chicago time.Tuesday, there were 1,541 contracts traded, down from 2,040 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday decreased by 349 contracts to 9,024. Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market
Oryza Overnight Recap - Chicago Rough Rice Futures Open Flat as Market Lacks Outside Direction and Fundamental Support Aug 20, 2014
Chicago rough rice futures for Sep delivery are seen 3 cents per cwt (about $1 per ton) lower at $13.090 per cwt (about $289 per ton) during early floor trading in Chicago. The other grains are seen lower this morning: soybeans are currently seen 0.8% lower, wheat is listed about 0.4% lower and corn is noted about 1.5% lower. U.S. stocks wavered on Wednesday, with the S&P 500 backing off after coming within 10 points of its all-time high, after discount-retailer Target reduced its full-year forecast and before the afternoon release of minutes from the Federal Reserve's last meeting.
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Erasing losses, the Dow Jones Industrial Average was lately up nearly 2 points at 16,922.55. The S&P 500 held steady at 1,981.33, with energy the poorest performing and industrials faring best among its 10 main sectors. The Nasdaq shed 3.86 points, or 0.1 percent, to 4,523.57. U.S. stocks are currently noted slightly higher, gold is currently trading a tick higher, crude oil is seen trading about 0.6% higher, and the U.S. dollar is currently trading about 0.2% higher at 9:15am Chicago time. Tags: chicago rough rice futures, U.S. rice market, U.S. rice prices
Oryza Rice Currency Analysis for Today – Mexico Peso Falls 0.6% Aug 20, 2014
U.S. dollar index was stronger +0.43% from the open today, when it traded at 82.233 at the close. Euro was weaker -0.48% by the close, trading around 1.3257 by end of day, after trading between an intraday high of 1.3324 and low of 1.3256. Thai baht was -0.28% weaker, trading at 32.000 at the close of business. Indian rupee was +0.11% stronger at 60.6200. Brazilian real was weaker -0.71% at 2.2629 reais per dollar. Pakistan rupee was -0.55% weaker at 100.9500. Vietnamese dong was unchanged at 21198. Mexican peso was weaker -0.64% today, when it traded at 13.1320 pesos per dollar by the close of business. Chinese yuan was +0.01% stronger at 6.1408. Argentine peso was weaker -0.45% at 8.3233 pesos per dollar.
Tags: foreign exchange rates, Rice currencies, Global rice trade
Oryza U.S. Rough Rice Recap - Quiet Market as Price Ideas Hold Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
Aug 20, 2014
The U.S. cash market was muted today as both buyers and sellers remain firm and are holding out for better prices. As of today, offers could be found around $13.00-$13.33 per cwt fob farm (about $287-$294 per ton) while bids were still seen near $12.85-$13.25 per cwt (about $282-$292 per ton) for September-October delivery however no trades were reported. Tags: U.S. rice prices, U.S. rice market
Thailand Caps September 2014 Rice Export Quota to EU at 768 Tons Aug 20, 2014
Thailand's Commerce Ministry has capped September 2014 rice export quota to the European Union (EU) at 768.08 tons, according to local sources.The Department of Foreign Trade has started accepting applications from licensed exporters beginning this week. The Director-General of the Foreign Trade Department told local sources that rice-export quotas would be allotted to exporters on a "first come, first serve" basis until the specified target of 768 tons is reached. She noted that the exportes who win the quotas are expected to send a report to the department within 120 days after shipping the first lot of rice. If for any reason they fail to export the requested quantity of rice, they could seek a refund from the department within ten days from shipping.Thailand exported around 234,735 tons of rice to the EU in 2013, down about 1.5% from around 238,456 exported in 2012, according to data from the Thai Rice Exporters Association (TREA).The TREA expects Thailand to export over 9 million tons of rice in 2014, up about 30% from around 6.97 million tons exported in 2013. Tags: Thailand rice exports to EU, All India Rice Exports Association (TREA)
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