Daily
Daily Global, Regional and Local Rice E-Newsletter
2nd August ,2016 Vol 7 , Issue VIII
Global, Regional & Local Rice E-Newsletter
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Daily Global, Regional and Local Rice E-Newsletter Today Rice News Headlines...
Pakistan to be among top 10 emerging markets from Asia: BMI Jazaa in every meal Junaid Jamshed starts new business and it has nothing to do with kurtas Area under basmati to dip 30% in Punjab Mini-Brains? Scientists Grow Rice Grain-Sized Brains to Aid Parkinson‘s Research Trade deficit narrows on rice, vehicle import drop State tough on rice smugglers, says minister AR Secretary of Ag Wes Ward Horizon Ag Arkansas Field Day August 4 Govt permits basmati rice exports via land custom stations Buyers on site visit clueless about what comes next Met predicts surplus rainfall in Aug-Sept period 2016 Rice Expo to feature details on ag drones, new varieties Minister: Rice pledging cost B287bn NRRI gets new Director Pathak joins as new NRRI Director China to install factory for tractors and farm machinery in GuineaBissau Commerce won‘t accept low prices for rice stocks Rice Prices Nagpur Soybean, Soyoil, Soymeal Open- Aug 1,2016,2016 08/01/2016 Farm Bureau Market Report
Editorial Board Chief Editor
Hamlik
Managing Editor
Abdul Sattar Shah Rahmat Ullah Rozeen Shaukat
English Editor
Maryam Editor Legal Advisor Advocate Zaheer Minhas
Editorial Associates
Admiral (R) Hamid Khalid Javed Islam Agha Ch.Hamid Malhi Dr.Akhtar Hussain Dr.Fayyaz Ahmad Siddiqui Dr.Abdul Rasheed (UAF) Islam Akhtar Khan
Editorial Advisory Board
Dr.Malik Mohammad Hashim
Assistant Professor, Gomal University DIK
Dr.Hasina Gul
Assistant Director, Agriculture KPK
Dr.Hidayat Ullah Assistant Professor, University of
Swabi
News Detail...
Dr.Abdul Basir Assistant Professor, University of
Swabi
Pakistan to be among top 10 emerging markets from Asia: BMI
Zahid Mehmood PSO,NIFA Peshawar
Falak Naz Shah
Head Food Science & Technology 2 ART, Peshawar
BMI says textile and automotive sectors in Pakistan are showing the fastest growth rate.
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Daily Global, Regional and Local Rice E-Newsletter
07:07 PM, 1 Aug, 2016
An International financial market analysis firm BMI says that Pakistan will be developed as manufacturing hub over the coming years. According to a Business Monitor International report, Pakistan will be among top ten emerging markets from Asia and Africa in future because of its economic growth over the next ten years. The report reveals that Pakistan, whose current primary sector is agribusiness with textile and rice being the key exports, is expected to become a manufacturing hub in coming years. BMI says textile and automotive sectors in Pakistan are showing the fastest growth rate. The domestic manufacturing investment is also expected to be boosted considering the lower energy prices and an improved domestic energy supply. Pakistan, whose current primary sector is agribusiness with textile and rice being the key exports, is expected to become a manufacturing hub in the coming years. In the beginning of BMI's
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Daily Global, Regional and Local Rice E-Newsletter forecast period the textile and automotive sector presented a faster growth. The domestic manufacturing investment is expected to be boosted considering the lower energy prices and an improved domestic energy supply.
Jazaa in every meal Published in Jul-Aug 2016 By Ayesha Shaikh Junaid Jamshed launches Jazaa rice. Despite an international taste preference and demand for Pakistani rice, Pakistan has dropped to 13th place in terms of global rice production (despite the opportunity to increase its market size by 50%), mainly because of a lack of quality variants (Source: United States Department of Agriculture, 2016). Recognising this demand-supply gap, Jazaa Foods (an FMCG company established by Junaid Jamshed in November 2015) launched Jazaa rice in March this year as a premium quality brand designed to tap into this global market potential. The Pakistan Bureau of Statistics estimates the total volume of the rice industry at approximately 6.9 million metric tons, of which 40 to 45% goes towards local consumption and the rest is exported. The category comprises basmati (Pakistan‘s claim to fame, grown in Punjab), irri (cultivated in Sindh), parboiled (colloquially known as sela in Punjab) and brown rice (grown on a very limited scale on rocky terrains in Northern Pakistan). According to Ali Jabbar, CEO, Jazaa Foods, ―as a staple crop, rice has traditionally been dominated by wholesale suppliers, where the business model relies on low-cost milling and production – and the hope of a steady monsoon season.‖ Unbranded khulla chawal accounts for almost 96% of the total industry output. There are only a handful of branded players and these include Matco‘s Falak, Engro Eximp‘s Rymah and Guard Basmati – the focus here has always been on export markets, because of the higher profit margins. Jabbar says, ―there was no brand catering to the growing domestic demand for quality, branded rice and we wanted to take advantage of this gap.‖ Given that rice has the third largest crop production output in Pakistan (Source: Pakistan Bureau of Statistics, 2015), supply was not a problem and according to Jamshed, Director, Jazaa Foods, the ―real challenge was to select rice variants of the highest quality, add value through standardised milling, and bring Jazaa rice to market as an affordable product of the highest quality.‖
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Daily Global, Regional and Local Rice E-Newsletter The name of the company as well as the brand originated from this extensive focus on delivering value-added products. Jazaa translates to ‗reward‘ or a ‗fulfilling return‘, which is appropriate, as Jamshed‘s vision for Jazaa Foods is to establish Pakistan‘s first FMCG initiative producing branded consumption commodities of the highest quality.
"Despite the stringent quality control standards the product was subjected to, I wanted to ensure that Jazaa rice remains affordable for every Pakistani household.” — Junaid Jamshed
Interestingly, the inspiration for Jazaa rice came from the Indian brand Tilda, a major player in the international market, which relies on delivering the best tasting rice. ―I wanted to replicate Tilda‘s success in Pakistan, which is why despite the stringent quality control standards the product was subjected to, I wanted to ensure that Jazaa rice would remain affordable for every Pakistani household.‖ Implementing this vision meant that the pricing strategy had to be carefully devised so that the brand would be affordable across most socio-economic groups. To ensure this, Jazaa rice was launched in five variants, each of which has two SKUs: Jazaa Elite Steam Rice (Rs 199/one kg; Rs 985/five kg), Jazaa Premium Basmati (Rs 170/one kg; Rs 840/five kg), Sela Gold Rice (Rs 160/one kg; Rs 790/five kg), Basmati Rice (Rs 140/one kg; Rs 690/five kg) and Economy Rice (Rs 110/one kg; Rs 540/5 kg). To put it into context, a one-kilogram pack of unbranded rice sells for between Rs 90 and 100, while a similar quantity of branded rice is priced at between Rs 120 and 160. However, Jamshed was keen to ensure that this affordability did not come at the expense of product quality. ―From the onset, I believed that to grab market share, Jazaa rice would have to deliver quality and taste in every pack.‖ Industry insiders have often pinpointed the lack of adequate processing facilities as the reason why Pakistani rice is of poor quality and Jazaa Foods expected to encounter a similar challenge. However, the team was pleasantly surprised to find that a robust infrastructure for refining, processing and packaging rice was already in place. The problem, they discovered, is that the
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Daily Global, Regional and Local Rice E-Newsletter major rice players prefer to minimise the cost of production and are thus unwilling to make the required investment to improve quality. Jazaa Foods, however, believe that investing time and money early on will hold the brand in good stead and yield optimal returns in the long run. Therefore, from the time the rice is purchased from designated plantations in Punjab to when it is transported to the milling unit at Port Qasim, the company closely monitors the supply chain. Furthermore, prior to packaging, every grain of rice is inspected by an internationally trained, in-house quality assurance team, and it is only after their approval that the rice is packaged for distribution. According to Jamshed, ―the critical success factors for Jazaa rice, locally and internationally, are extensive refining as well as packaging that is not only attractive, but complies with international food packaging regulations.‖ While the brand vision is to take Jazaa rice global, currently the brand‘s distribution (which began in Karachi) has been limited to supermarkets, grocery shops and kiryana stores across Pakistan. In what can safely be termed a packaging innovation for branded rice in Pakistan, the pack of each of the five variants carries a product shot of a meal cooked with that particular rice variety. This has not only helped the packaging to grab eyeballs on retail shelves, but, as Jabbar explains, ―it has helped to create awareness about which kind of rice is most suited for which recipe. For instance, most people are unaware that sela rice is ideal for biryani and pulao.‖ In the four months since launch, Jazaa rice has managed to carve out a place for itself. The Jazaa Foods team is particularly proud of this achievement because instead of opting for an extensive ATL-driven prelaunch campaign, they opted to let word-of-mouth promotions drive sales. In addition, a chunk of the initial marketing budget was allocated to trade activation initiatives, including having store inceptors at selected outlets hand out product samples to generate trial and consumption. ―The rationale,‖ Jamshed states, ―was that once people experience the taste of Jazaa rice, they will not be satisfied with any other brand or variety of rice.‖ Product placement in cooking shows, particularly during Ramazan, was also a strategy that helped increase brand awareness and recall. To make the brand even more accessible, free home delivery within Karachi is being offered and orders can be placed by logging on to jazaafoods.com. ―The advantage,‖ Jabbar says, ―is that there is no minimum order quantity and people can order even a pack of one kilogram.‖
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Daily Global, Regional and Local Rice E-Newsletter A traditional ATL campaign, conceived, designed and executed by Elan Advertising, was launched after the product distribution had started. Planning is now underway to launch export operations, where the challenge will be the extensive product quality and packaging regulations. Considering Jazaa rice‘s export potential, Jamshed adds that, ―I realise that our expenses will increase substantially, but in my experience, the export market is where the maximum profits are. An important incentive is the presence of large Pakistani expatriate communities in those markets who will welcome a quality brand that will give the traditional aroma and flavour they are accustomed to http://aurora.dawn.com/news/1141516
Junaid Jamshed starts new business and it has nothing to do with kurtas
Hamza Rao August 1, 2016 9:37 pm
Popular for his clothing brand J. Junaid Jamshed, a nationally renowned religious figure, unveiled a new product under his brand Jazaa Foods called Jazaa Rice, a branded rice product with 5 different variants. According to reports, Jaaza has been introduced in Pakistan as well as the international market considering health precautions and quality standards of the product. According to Ali Jabbar, CEO, Jazaa Foods, ―as a staple crop, rice has traditionally been dominated by wholesale suppliers, where the business model relies on low-cost milling and production – and the hope of a steady monsoon season.‖ Unbranded khulla chawal accounts for almost 96% of the total industry output. There are only a handful of branded players and these include Matco‘s Falak, Engro Eximp‘s Rymah and Guard Basmati. 7
The focus of these brands has always been on export markets, because of higher profit margins. Jabbar says, ―there was no brand catering to the growing domestic demand for quality, branded rice and we wanted to take advantage of this gap.‖
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Daily Global, Regional and Local Rice E-Newsletter
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Daily Global, Regional and Local Rice E-Newsletter Given that rice has the third largest crop production output in Pakistan (Source: Pakistan Bureau of Statistics, 2015), supply was not a problem and according to Jamshed, Director, Jazaa Foods, the ―real challenge was to select rice variants of the highest quality, add value through standardized milling, and bring Jazaa rice to market as an affordable product of the highest quality.‖ The name of the company as well as the brand originated from this extensive focus on delivering value-added products. Jazaa translates to ‗reward‘ or a ‗fulfilling return‘, which is appropriate, as Jamshed‘s vision for Jazaa Foods is to establish Pakistan‘s first FMCG initiative producing branded consumption commodities of the highest quality. Junaid Jamshed said: “Despite the stringent quality control standards the product was subjected to, I wanted to ensure that Jazaa rice remains affordable for every Pakistani household.”
―I wanted to replicate Tilda‘s success in Pakistan, which is why despite the stringent quality control standards the product was subjected to, I wanted to ensure that Jazaa rice would remain affordable for every Pakistani household.‖ Implementing this vision meant that the pricing strategy had to be carefully devised so that the brand would be affordable across most socio-economic groups. To ensure this, Jazaa rice was launched in five variants, each of which has two SKUs: Jazaa Elite Steam Rice (Rs 199/one kg; Rs 985/five kg), Jazaa Premium Basmati (Rs 170/one kg; Rs 840/five kg), Sela Gold Rice (Rs 160/one kg; Rs 790/five kg), Basmati Rice (Rs 140/one kg; Rs 690/five kg) and Economy Rice (Rs 110/one kg; Rs 540/5 kg). To put it into context, a one-kilogram pack of unbranded rice sells for between Rs 90 and 100, while a similar quantity of branded rice is priced at between Rs 120 and 1 http://en.dailypakistan.com.pk/business/junaid-jamshed-starts-new-business-and-it-has-nothing-to-dowith-kurtas/
Area under basmati to dip 30% in Punjab
PTI, Chandigarh | Updated: Aug 01, 2016 17:59 IST 9
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Daily Global, Regional and Local Rice E-Newsletter
Rice exporters have blamed the policies of the government for the plight of growers and dip in area under basmati despite the state authorities emphasising on enhancing area under aromatic varieties of crop as part of crop diversification programme. (HT File Photo)
The area under basmati is set to dip 30% in Punjab on account of low prices fetched by growers and problems faced in sowing of high-yielding 1509 variety last year. Decline in the area of premium quality rice will mean area under common varieties and grade-A varieties will go up in the state. Rice exporters have blamed the policies of the government for the plight of growers and dip in area under basmati despite the state authorities emphasising on enhancing area under aromatic varieties of crop as part of crop diversification programme. Also read | Pending payments: Angry Punjab rice millers threaten to boycott paddy lifting ―We feel the area under basmati crop in Punjab will go down by 25-30% this season,‖ director of the Punjab Rice Millers and Exporters Association Ashok Sethi said. Punjab is expecting basmati area of about 5 lakh hectares in the current kharif season, which is about 35% lower than what the state saw acreage in last sowing season.
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Daily Global, Regional and Local Rice E-Newsletter The area under basmati in Punjab stood at 7.63 lakh hectares and 8.62 lakh hectares in 2015-16 and 2014-15, an official of Punjab agriculture department said. Punjab‘s major basmati growing areas — Amritsar and Gurdaspur — have seen sharp dip in sowing of basmati paddy this year. ―Of the 1.73 lakh hectares of total paddy last year in Gurdaspur district, 60% of area was under basmati. But this year, the area under basmati has shrunk to 30% of total sowing area and rest is with other varieties,‖ said an official of agriculture department in Gurdaspur. Must read | Punjab ‗emptying‘ reservoirs to grow water-guzzling rice In Amritsar, area under basmati went down by 25,000 hectares of total area of 1.80 lakh hectares. ―Growers have replaced the area under basmati 1509 variety with ordinary varieties of paddy after facing problem in its lifting last year,‖ said Amritsar chief agricultural officer BS Chhina. Farmers last year felt harassed after PUSA Basmati 1509 variety was not picked up by rice sellers and exporters, citing high broken content which caused its price going even below the minimum support price. ―The main reason behind decline in basmati crop is lower rates fetched by growers and faulty policies of the government,‖ said Sethi adding that government ―failed‖ in helping growers on basmati 1509 variety issue. Last fiscal, farmers got `2,000-2,200 per quintal an average for basmati crop including PUSA 1121 which was far lower than what they had earned in corresponding period of 2014-15, he said. With sowing almost complete, the area under paddy in Punjab has reached 30.14 lakh hectares as of now which is one of the highest acreage witnessed in the state http://www.hindustantimes.com/punjab/area-under-basmati-to-dip-30-in-punjab/storyRFftblfZACRHNvEXkVPvhL.html
Mini-Brains? Scientists Grow Rice Grain-Sized Brains to Aid Parkinson’s Research By Jamie A. Aug 01, 2016 07:02 AM EDT
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Daily Global, Regional and Local Rice E-Newsletter
Scientists from Singapore grew ―mini-brains‖ the size of rice grains to aid in Parkinson‘s research. (Photo : PublicDomainPictures / Pixabay)
Scientists from Singapore grew "mini-brains" the size of rice grains to aid in Parkinson's research.The miniature versions of the human midbrain measure about 2 mm to 3 mm long, about the size of a grain of rice, and are said to help scientists in developing treatments for Parkinson's disease and other aging-related brain diseases. The mini midbrains are made of laboratory-grown tissues, known as brain organoids, containing certain properties of specific parts of the human brain. The three-dimensional tissue is composed of functionally active neurons, with cells than can divide or cluster together, and become electrically or chemically active, just like an actual human brain, The Straits Times Singapore reports. The study is the first to create a midbrain tissue and the first to create neuromelanin, the black pigment found in the human brain.
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Daily Global, Regional and Local Rice E-Newsletter The human midbrain is the body's "information superhighway" and controls vision, auditory and body movements. It contains dopaminergic neurons that produce dopamine, which is responsible for some executive functions, motor control, motivation, reinforcement and reward. Low levels of dopamine lead to slowed reactions and Parkinson's disease, which is often characterized by difficulty in moving. Advertisement
Parkinson's disease is also caused by the decrease in neuromelanin production, which leads to tremors and impaired motor skills. The scientists said in a press release that the development could provide researchers with material that is affected by the disease itself and enable them to conduct studies in the laboratory instead of relying on simulations and animal experiments. "Considering one of the biggest challenges we face in PD research is the lack of accessibility to the human brains, we have achieved a significant step forward," Prof. Ng Huck Hui, executive director of A*STAR's Genome Institute of Singapore (GIS) and lead author of the study, said in a statement. "The midbrain organoids display great potential in replacing animals' brains which are currently used in research; we can now use these midbrains in culture instead to advance our understanding and future studies for the disease, and perhaps even other related diseases." Tagsdopamine, Parkinson's disease, mini brain, Singapore, neuromelanin, brain tissue, grainsized brain http://www.natureworldnews.com/articles/26043/20160801/mini-brains-scientists-grow-grain-sized-aidparkinson-s-research.htm
Trade deficit narrows on rice, vehicle import drop Aug 02,2016
Sri Lanka‘s external sector has recorded a modest performance in April 2016, the Central Bank said yesterday.The trade deficit narrowed on account of the higher decline in import expenditure mainly due to the drop in the importation of vehicles and rice compared to the decline in earnings from exports during April 2016,the Bank said. Although workers‘ remittances were marginally lower in April, earnings from tourism increased strengthening the current account of the Balance of Payments (BOP) while inflows to the financial account continued to moderate.
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Daily Global, Regional and Local Rice E-Newsletter Earnings from exports in April 2016 stood at US$ 707 million,indicating a marginal decline of 0.9 per cent, year-on-year, attributable to lower agricultural exports, despite higher earnings from industrial exports.
Earnings from industrial exports, which account for 77 per cent of total exports, increased by 3.1 per cent compared to April 2015, mainly due to the improved performance of textiles and garments exports. Earnings from textiles and garments exports increased by 3.1 per cent, year-on-year, to US dollars 340 million during the month, reflecting increases in garment exports to EU and USA markets by 3.7 per cent and 3.1 per cent,respectively. Further, export earnings from food, beverages and tobacco,base metals and articles, and leather, travel goods and footwear,categorised under industrial products, also increased significantly in April 2016. However, a 12.4 per cent year-on-year reduction recorded in agricultural exports, led by tea and spices, weighed down on the overall export performance in April 2016. 14
The decline in tea exports is attributed to the lower export volumes and prices compared to April 2015 amidst subdued global demand and higher supply of black tea from other countries.
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Daily Global, Regional and Local Rice E-Newsletter
Continuing the declining trend observed from the latter part of 2015, export earnings from spices decreased significantly by 30.0 per cent in April 2016, year-on-year, reflecting poor performance of cloves and pepper exports. Further, export earnings from minor agricultural products and seafood also declined by 32.8 per cent and 18.6 per cent, respectively,during the month. Exports earnings during the first four months of 2016 contracted by 4.5 per cent, year-on-year, to US dollars 3,435 million largely due to a reduction in export earnings from transport equipment and petroleum products. The leading markets for merchandise exports of Sri Lanka during the first fourmonths of 2016 were the USA, UK, India, Germany and Italy accounting for about 54 per cent of the total exports. The expenditure on imports decreased by 2.0 per cent to US dollars 1,461 million, in April 2016 compared to the same month in 2015, due to the decline recorded in expenditure on consumer goods, particularly vehicles and rice imports. Reflecting the impact of the policy measures adopted by the government to curtail vehicle imports, expenditure on personal motor vehicle imports decreased by 28.8 per cent, year-on-year, in April 2016. Expenditure on rice imports declined for the twelfth consecutive month to US dollars 1.2 million in April 2016 reflecting a 94.7 per cent decrease,year-on-year, due to the availability of rice in the local market from the bumper paddy harvest in 2015 And the impact of the increases in the import duty by the government on the import of rice.
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Daily Global, Regional and Local Rice E-Newsletter Further, the lower expenses incurred on transport equipment, base metals, fertilizer, vegetables and fuel imports contributed largely to the decline the import expenditure during the month. However, import expenditure on wheat and maize increased considerably in April 2016 due to importation of wheat by Prima Ceylon (Pvt.) Ltd, the main wheat importer in Sri Lanka, After a laps of three months. Meanwhile, Import expenditure on machinery and equipment and building materials increased by 12.2 per cent and 22.3 per cent, respectively on a year-on-year basis in April 2016. Further, import expenditure on textile and textile articles, and diamonds and precious stones and metals increased during the month. On a cumulative basis, expenditure on imports during the period from January to April 2016 decreased by 3.6 per cent to US dollars 6,055 million, mainly due to the declines recorded in the importation of fuel, transport equipment and rice. During the first four months of 2016,China, India, Japan, Singapore and UAE accounted for about 57 per cent of the total imports. The trade deficit of US dollars 754 million in April 2016 reflected a Contraction by 2.9 per cent, on a year –on -year basis from the deficit of US dollars 777 million in April 2015 due to the steeper reduction in imports in comparison to the decline in exports. Further, on a cumulative basis, the trade deficit during the first four months of 2016 contracted by 2.4 per cent to US dollars 2,621 million from US dollars 2,685 million recorded during the same period of 2015. Tourist arrivals increased to 125,044 during May 2016 recording a growth of 10.1 per cent over May 2015. Accordingly , tourist arrivals During the first five months of 2016 increased by 18.4 per cent to 846,229 over thecorresponding period of 2015. The top five sources of tourist arrivals up to May 2016 were India, China,UK, Germany and France, accounting for 52.2 per cent of the total tourist arrivals during the period. Earnings from tourism increased to US dollars 1,402.5 million during the first five months of 2016 in comparison to US dollars 1,184.4 million recorded during the same period of 2015. *Workers‘ Remittances* Receipts from workers‘ remittances declined by 1.4 per cent to US dollars
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Daily Global, Regional and Local Rice E-Newsletter 578.0million in April 2016 in comparison To US dollars 585.9 million in April 2015. Meanwhile, inflows from workers‘ remittances at US dollars 2,371.4 million during the first four months of 2016 recorded an increase Of 4.7 per cent over the corresponding period of 2015. FDI inflow ,inclusive of foreign loans to BOI companies ,amounted to US dollars 164.5 million during the first quarter of 2016 in comparison to US dollars 346.4 million recorded in the corresponding period of 2015. Meanwhile, the Colombo Stock Exchange (CSE) recorded a net outflow of US dollars 19.5 million up to end April 2016 , which consisted of net outflows of US dollars 20.8 million from the secondary market and inflows of US dollars 1.3 million to the primary market. The government securities market recorded a net outflow of US dollars 565.2 million during the first four months of 2016 compared to a net inflow of US dollars 25.7 million during the corresponding period of 2015. Long term loans to the Government recorded a net outflow of US dollars 67.5 million during the first four months of 2016, compared to a net inflow of US dollars 57.0 million during the corresponding period of 2015. Overall Balance of Payments (BOP) Position During the first four months of 2016, the overall BOP is estimated to have recorded a deficit of US dollars 958.0 million in comparison to a deficit of US dollars 1,025.2 million recorded during the corresponding period of 2015. International Reserves and Exchange Rate Movements Sri Lanka‘s gross official reserves as at end April 2016 amounted to US dollars 6.1billion,equivalent to 3.9 months of imports, while total foreign assets amounted to US dollars 8.3 billion, equivalent to 5.3 months of imports. The rupee recorded a modest depreciation of 1.2 per cent against the US dollar during the period from end 2015 to 29 July 2016. Furthermore, reflecting the cross currency movements, the rupee also depreciated against the euro by 2.6 per cent, the Japanese yen by 14.6 per cent, the Canadian dollar by 6.3 percent, the Australian dollar by 4.3 per cent and the Indian rupee by 0.2 per cent during this period while appreciating against the pound sterling by 11.1per cent. http://www.dailynews.lk/?q=2016/08/02/business/89190
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Daily Global, Regional and Local Rice E-Newsletter State tough on rice smugglers, says minister TNN | Aug 2, 2016, 08.02 AM IST
File photo for representation. CHENNAI: On a day when TOI reported on the lucrative PDS rice smuggling trade in Tamil Nadu, minister for food and civil supplies R Kamaraj on Monday said the state government had dealt with cases of smuggling of rice and essential commodities with an "iron hand" and recovered smuggled goods worth 13 crore. In his reply to the discussion on grants for food and civil supplies, Kamaraj said that the state had filed 41,978 cases against smugglers, and 30,551 people had been arrested. He added that 886 people had been detained under the Prevention of Blackmarketing and Maintenance of Supplies of Essential Commodities Act, 1980, on smuggling charges http://timesofindia.indiatimes.com/city/chennai/State-tough-on-rice-smugglers-saysminister/articleshow/53495789.cms
AR Secretary of Ag Wes Ward Rice Farmers Push the Natural State's GDP to the Top By Peter Bachmann 18
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Daily Global, Regional and Local Rice E-Newsletter WASHINGTON, DC -- Last week, the Federal Bureau of Economic Analysis announced that Arkansas led the United States in economic growth for the first quarter of 2016, largely due to farming.
Despite depressed commodity prices and a number of weather-related events, the boost in rice production this crop year significantly contributed to the growth in Arkansas' gross domestic product (GDP). The first quarter of the year is not the rice-growing season but in anticipation of increased acreage, farmers started buying new equipment, crop protection inputs, seed, and fertilizer, which all contribute to the overall economic productivity of the state.According to the U.S. Department of Agriculture's June Acreage Report, Arkansas had planted an estimated 1.43 million acres of long grain rice this growing season - a 35 percent increase from last year's plantings and a trend shared by the five other Southern ricegrowing states. "Our real state GDP data is adjusted for changes in prices, so even if a commodity price falls, the GDP is going to reflect the higher crop output," said Thomas Dail a spokesman for the Bureau of Economic Analysis. "Farmers may not feel it, but they're producing more rice." Arkansas Secretary of Agriculture Wes Ward said, "Agriculture is our state's largest industry and we're proud to be a significant contributor to GDP growth. We applaud the efforts of Governor Hutchinson in growing our state's economy and developing additional markets for agriculture, including the rice sector. These efforts will positively benefit our growers and ultimately increase the economic impact to Arkansas as a whole." Nationally, across the six rice-growing states there has been an estimated 3.21 million acres of rice planted, the third largest crop on record, up 23 percent from last year's crop.
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Daily Global, Regional and Local Rice E-Newsletter Based on the most recent study completed, the U.S. rice industry as a whole contributes more than $35 billion to the United States economy on an annual basis.
Horizon Ag Arkansas Field Day August 4 JONESBORO, AR -- Horizon Ag will host a field day this Thursday at Wimpy Farms, 2027 CR 441, Jonesboro. Registration begins at 9:00 a.m. followed by a crop tour at 9:30 a.m., lunch, and a report on Horizon Ag's latest research with best management practices and showcasing new high-yielding, high-quality Clearfield rice lines. BASF personnel will also be on hand to report on the Provisia Rice System.To register for the field day go to http://www.horizonseed.com or contact Dr. Tim Walker, twalker@horizonseed.com
Govt permits basmati rice exports via land custom stations Press Trust of India | New Delhi August 1, 2016 Last Updated at 20:13 IST Indo-Nepal relations are back on track: experts Madhesis call off protest; end Indo-Nepal border blockade BJP member slams Nepal Ensure India-Nepal ties remain free from 'hiccups': Nepal FM Slide in Indo-Nepal ties a "bad dream", need to restore trust: Government today permitted exports of basmati rice through land custom stations on IndoBangladesh and Indo-Nepal border. "In addition to the EDI (electronic data interchange) ports, export of basmati rice will now be permitted through land custom stations on Indo-Bangladesh and Indo-Nepal border also subject to registration of quantity with DGFT (Director General of Foreign Trade), the commerce ministry said in a notification. It also said exports of basmati shall not be permitted on the basis of documents against acceptance unless such export is covered either by bank guarantee or ECGC guarantee with effect from October 1.
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Daily Global, Regional and Local Rice E-Newsletter ECGC Ltd (Export Credit Guarantee Corporation of India Ltd), wholly-owned by the government with the objective of promoting exports from the country by providing credit risk insurance and related services for exports. India's rice exports in 2015-16 stood at USD 5.79 billion. It was USD 459.39 million in April this yearhttp://www.business-standard.com/article/pti-stories/govt-permits-basmati-rice-exportsvia-land-custom-stations-116080101506_1.html
Buyers on site visit clueless about what comes next Mihir Tanksale | TNN | Aug 1, 2016, 01.26 PM IST
Pune: There is unease among the people who have booked flats in Park Xpress society in Balewadi. The stop-work notice issued to the site after nine workers plunged to their death from the 13th floor while laying the slab at this project on Friday has halted all construction. Any decision is possible only after an analysis of third-party interest and a structural audit. In this situation, flat buyers are third parties since they are unwittingly affected by the dispute between the builder and the civic body over the illegality of the 13th floor. A stop-work notice was issued by Pune Municipal Corporation on Friday to Shriniwas Pride Purple Properties LLP and their building permission cancelled after the slab of the unauthorized
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21
Daily Global, Regional and Local Rice E-Newsletter 13th floor collapsed. Buyers, on the condition of anonymity, said they should get possession of their flats as soon as possible. "I visited the spot after getting to know that construction had been stopped. I have booked a flat in this premium project. The accident is tragic. I do not know when construction will resume and when I will get my flat," said one of them. He said he had made most of the payment for the flat and his money was now stuck. Another buyer, residing in a neighbouring building constructed by the same builder, said, "We had booked the flat as the builder claimed it was a premium project. Most payments have already been made. I have taken a huge loan. Now, we do not know when we will get our flats. Authorities should ensure that our hard-earned money does not go waste," he said. On Sunday, the Mishra family, who recently invested in a flat in Park Xpress, stood outside the gate wanting to know what's next and whether they will get their flat. Other buyers were worried too. They wanted the developer to give them a clear picture. When this TOI reporter visited the spot on Sunday afternoon, a few had come to see the status of the construction. Most had met for the first time and planned to form a group and decide the next course of action. "After a bit of waiting, we will approach the builder," a IT employee who is a buyer, said. Some had bought flats after they got a recommendation and some preferred the location. "I am worried about my safety. There could be a similar mishap after we start living here. An assurance for our building's safety is needed," said another buyer, a banker, who has a house nearby. Most buyers said they had made nearly 80% of their payments. Some were expecting to move in soon. BJP MLA Medha Kulkarni said it will be a month for a clear picture to emerge. Some flat
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22
Daily Global, Regional and Local Rice E-Newsletter owners met her and other leaders after Friday's mishap. "We have told the police to check how many people have booked flats in this project. They will also check what third-party interest has been generated," she said. A structural audit of the flats is necessary before a call on allowing further construction. Municipal commissioner Kunal Kumar said the buyers will have to take the legal route. "Some key aspects are calculation of third-party interest generation, formation of the society and getting the court's directives," he told TOI. http://timesofindia.indiatimes.com/city/pune/After-delayed-start-kharif-sowing-now-90-instate/articleshow/53488265.cms
Met predicts surplus rainfall in Aug-Sept period VISHWANATH KULKARNI VINSON KURIAN Bengaluru/Thiruvananthapuram, August 1:
In line with predictions, the South-West monsoon, the country‘s agricultural lifeline, has stayed on course for the first half of the four-month season, starting June. The timely and widespread precipitation, after two-successive weak monsoon years, has provided a fillip to crop plantings this kharif season, thereby raising prospects of a good harvest, which has induced a softening trend in prices of many farm commodities. Surplus forecast Cumulative rainfall for the season so far has been normal at 454.7 mm as against a normal of 452.8 mm for the period. Though the arrival of the monsoon was delayed by about eight days, the swift progress has ensured adequate rainfall across most parts of the country, except pockets such as Gujarat, Kerala and some North-Eastern States. Rainfall in July was 9.8 per cent above normal, while in June it had registered a deficit of 11 per cent.
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Daily Global, Regional and Local Rice E-Newsletter
Global models are of the view that for the rest of the season, the monsoon will stay on track, delivering normal to above-normal rains across for many parts of the country. In fact, a long-range forecast for the second-half of the season (August-September) issued by the India Meteorological Department on Monday said that rainfall is likely to be above normal (106 per cent of the long period average, LPA). Quantitatively, overall rainfall during the second half is likely to be 107 per cent of the LPA of 43.5 cm, with a model error of 8 per cent. Rainfall in August is likely to be 104 per cent with a model error of Âą9 per cent of the LPA as was forecast in June. As for the entire season (June to September), rainfall over the country as a whole is likely to be 106 per cent with a model error of Âą4 per cent of LPA of 89 cm as was forecast in June. Kharif gets a boost The timely and normal precipitation has given a boost to sowing of kharif crops such as rice, pulses and oilseeds. In fact, the total kharif acreage, so far, has been 6.28 per cent higher at 799.51 lakh ha over corresponding last year‘s 752.29 lakh ha.
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Daily Global, Regional and Local Rice E-Newsletter Acreage under pulses crops such as tur, urad and moong have gained significantly from crops such as cotton and bajra this year. The area under rice, the main kharif cereal crop, has also gained, as have coarse cereals such as maize and jowar, and oilseeds such as groundnut, soyabean and sunflower. ‘Neutral’ pacific The Met update observed that the strong El Nino event of 2015-16 in the tropical Pacific had ended in May this year and currently ‗neutral‘ conditions (neither El Nino nor La Nina) are prevailing. It says there is a strong probability (70 per cent) that ‗neutral‘ conditions will persist during the remainder of the monsoon. IOD watch However, some of the global models suggest development of weak La Nina conditions in the latter part of the season. La Nina conditions have mostly coincided with a reasonably good Indian monsoon, though there is no direct cause-effect relationship between the two. Closer home, over the Indian Ocean, there is a 40 per cent probability that the current negative Indian Ocean Dipole (IOD) conditions will persist during the remainder of the monsoon season. The Australian Bureau of Meteorology has already classified the prevailing negative IOD as a ‗strong‘ one. The IOD mimics the El Nino-La Nina conditions in the Indian Ocean and is known to have a more immediate impact on the monsoon. A positive IOD (when the western part of the Indian Ocean warms up relative to the east) boosts the Indian monsoon while these conditions reverse in a negative IOD event and have a drag effect on the monsoon. http://www.thehindubusinessline.com/economy/agri-business/met-predicts-surplus-rainfall-in-augseptperiod/article8929241.ece
2016 Rice Expo to feature details on ag drones, new varieties www.ricepluss.com / www.riceplusmagazine.blogspot.com Contact Online Advertisement : mujahid.riceplus@gmail.com Cell: 0321 369 2874
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Daily Global, Regional and Local Rice E-Newsletter By Ryan McGeeney Special to The Commercial
The 2016 Arkansas Rice Expo will have plenty to offer attendees: Those who grow, those who cook and those who eat one of the state‘s top row crops. And this year‘s iteration of the annual expo in Stuttgart will feature demonstrations and experts speaking about aspects of rice in Arkansas. The Arkansas Rice Expo returns to Stuttgart‘s Grand Prairie Center Wednesday, Aug. 10. The doors open at 8 a.m. and will finish up with a complementary lunch. Drones Terry Spurlock, extension plant pathologist for the University of Arkansas System Division of Agriculture, will deliver a presentation on the state of unmanned aerial vehicles, commonly known as UAVs or ―drones,‖ and their potential applications for agriculture. ―Drone use in Arkansas agriculture is fairly spotty right now,‖ Spurlock said. ―There‘s the hobbyists aspect of this — people that are operating small drones as hobbyists, they‘re probably flying fields and don‘t realize they‘re not exactly following the rules when the intent becomes commercial.‖ In late August, Part 107 of the Federal Aviation Regulations, which addresses small UAVs, is scheduled to go into effect. Spurlock said the new rules will impact how the use of drones in agricultural areas is regulated. ―Use is going to escalate, and I think the hobbyist use is just going to turn into commercial applications,‖ he said. ―The [Federal Aviation Administration] is providing a means for operators to become certified and licensed.‖ Spurlock said he will also talk about the use of various sensor technologies and georeferenced data to analyze different aspects of crop fields, including disease detection, plant population density and field elevation. Spurlock said Brad Fausett, CEO of Arkansas UAV, will be addressing attendees as a part of the presentation as well. Field tours This year‘s expo will also feature several field tours, providing attendees the opportunity to see the latest University of Arkansas rice variety releases, as well as some potential variety releases still in development.
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Daily Global, Regional and Local Rice E-Newsletter ―We‘ll be discussing current and future prospects for variety releases, including long grain, medium grain and hybrid programs,‖ said Jarrod Hardke, extension rice agronomist for the Division of Agriculture. ―People will get an up-close look at our two most recent releases, as well as potential releases coming in the next couple of years. Hardke said Rice Research and Extension Center faculty hope to drain a field just in time for observation day, so that people can actually walk out into it. ―You just get a better feel for the characteristics of the variety — the panicle length, the way the plant‘s structured, how it stands up,‖ Hardke said. ―You can see its natural color, and just how it‘s going to look and act in the field, which you can only do so much of from a few steps back.‖ The tour will also feature presentations focusing on growing resistance issues in weeds in both rice and soybeans. ―We have a lot of concern over managing these weed populations, since the majority of our rice is rotated directly with soybeans,‖ Hardke said. ―[Professors] Jason Norsworthy and Tom Barber will be discussing how these two crops are going to work together with the new herbicide technologies that we have coming forward in both crops, and how that‘s going to work and help manage resistance in the future.‖ Rice irrigation and water management The third stop on the tour will feature presentation on rice irrigation and water management. Assistant professor Chris Henry and irrigation educator Mike Hamilton will discuss aspects of irrigation efficiency, multiple-inlet irrigation and other practices. ―The real value of field tours is to see the in-the-field work and efforts of our research and extension faculty,‖ Hardke said. ―It‘s the opportunity to see and interact with our research and extension faculty and see what the critical areas are for us right now in rice production. We want to give growers new tools to help improve their operations.‖ Details: A Cooperative Extension Service agent or www.uaex.edu The University of Arkansas System Division of Agriculture offers all its Extension and Research programs and services without discrimination. — Ryan McGeeney is with the U of A System Division of Agriculture. http://pbcommercial.com/news/area-digest/2016-rice-expo-feature-details-ag-drones-new-varieties
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Daily Global, Regional and Local Rice E-Newsletter Minister: Rice pledging cost B287bn 1 Aug 2016 at 19:13 The Prime Minister's Office has come up with the final figure of the damage incurred by the ricepledging programme -- 286.64 billion baht.Another 18.74 billion baht was incurred from the government-to-government sales handled by former commerce minister Boonsong Teriyapirom, said PM's Office Minister Panadda Diskul on Monday. ML Panadda cited information provided by Jirachai Moonthongroei, chairman of a committee set up to find facts and determine tort liabilities for the programme. "I will report the figures at the meeting of the rice board on Wednesday," he said. The programme received 13.3 tonnes of paddy but less than a million tonnes were exported, he added.
28
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Daily Global, Regional and Local Rice E-Newsletter ML Panadda said the figures had been calculated carefully by all sides at the meeting. The damage should serve as a wakeup call for government officials, who should act with integrity and not just follow orders.Mr Jirachai said the damage incurred by Ms Yingluck was around 200 billion baht and he had already testified in the Supreme Court's Criminal Division for Persons Holding Politician Positions. The figure would be reviewed by the civil liability panel chaired by the Comptroller General's Office. As for Mr Boonsong and a number of commerce ministry officials, the damage to be demanded from them might be 20 billion baht.Neither ML Panadda and Mr Jirachai elaborated how the figures were calculated.Earlier projections of the programme's damage in 2014 were 500-700 billion baht.The Yingluck government's rice pledging programme paid farmers much higher than market prices for their paddy which was kept in silos across the country. But world rice prices at the time were not favourable and the stockpiles could not be sold fast enough without realising huge losses. The programme was also criticised for corruption and mismanagement.Ms Yingluck is on trial for malfeasance as a result of the programme. She will also face civil and tort liabilities. Her defence was that the programme was a policy statement endorsed by Parliament and was by nature a subsidy so losses could be expected. She claimed the economy would be improved in the long run from the multiplier effect as farmers had more disposable incomes.
NRRI gets new Director Press Trust of India | Cuttack August 1, 2016 Last Updated at 20:42 IST Ex-Indian diplomat is University of New South Wales India head India, UK sign MoU on biotechnology, crop science UK yet to respond 15 extradition requests: Govt Chinese paper shows India among nations supporting it on SCS Indian journalists in UK voice concern over attacks on scribes • Eminent rice scientist, Dr Himanshu Pathak today took over as the new Director of National Rice Research Institute (NRRI) here. Earlier, he was working as a senior scientist at Indian Agricultural Research Institute (IARI) in New Delhi. 29 An expert on soil science and agricultural chemistry, Pathak has published more than 200 research papers and authored at least 11 books, most of which are on climate change.
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Daily Global, Regional and Local Rice E-Newsletter He is also a visiting scientist in the UK-based University of Essex, Philippines-based IRRI and Germanybased Institute of Meteorology and Climate Research. Pathak said his new assignment is relatively challenging as he would be working mainly on improving rice productivity in the country, particularly in eastern India against the backdrop of climate change and at the same time managing the natural resources http://www.business-standard.com/article/pti-stories/nrri-gets-new-director-116080101551_1.html
Pathak joins as new NRRI Director Tuesday, 02 August 2016 | PNS | CUTTACK | in Bhubaneswar
Eminent rice scientist Dr Himanshu Pathak joined as the new Director of National Rice Research Institute (NRRI) here on Monday. Earlier, he was working as a Senior Scientist at the Indian Agricultural Research Institute (IARI) in New Delhi. An expert on soil science and agricultural chemistry, Dr Pathak has published more than 200 research papers and authored at least 11 books, most of which are on climate change. He is also a visiting scientist in the UK-based University of Essex, Philippines-based IRRI and Germanybased Institute of Meteorology and Climate Research. Speaking to this correspondent, Pathak said his new assignment is relatively challenging as he would be working mainly on improving rice productivity in the country, particularly in eastern India against the backdrop of climate change and at the same time managing the natural resources. http://www.dailypioneer.com/state-editions/bhubaneswar/pathak-joins-as-new-nrri-director.html
China to install factory for tractors and farm machinery in Guinea-Bissau August 1st, 2016
A delegation of Chinese technical personnel will soon arrive in Bissau to begin a project to manufacture tractors and other agricultural machinery in Guinea-Bissau, said Beijing‘s ambassador in the West African country. Wang Hua made his statement during a Friday ceremony during which he delivered to the Guinea-Bissauan government machinery and other goods meant to help produce rice, ―so that the country can become self-sufficient in this cereal‖.
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Daily Global, Regional and Local Rice E-Newsletter The donation comprised agricultural machinery, specifically tractors, as well as seeds and fertiliser, among other production goods used to plant rice. Wang stressed that Guinea-Bissau has natural resources such as plentiful water, arable land, a good climate and above all farmers, whereby the country can produce enough for domestic consumption and also export surpluses. Guinea-Bissauan President José Mário Vaz in turn thanked China for the donation, adding that the production goods would delivered directly to his country‘s farmers. Vaz said that agricultural transformation and diversification are currently a national priority, which will necessarily involve gradual mechanisation of the production chain and eventual marketing of the products in Guinea-Bissau. (Macauhub/CN/GW http://www.macauhub.com.mo/en/2016/08/01/china-to-install-factory-for-tractors-and-farm-machineryin-guinea-bissau/
Commerce won’t accept low prices for rice stocks PETCHANET PRATRUANGKRAI THE NATION August 2, 2016 1:00 am THE COMMERCE Ministry is keen on clearing out all its rice stocks by the first half of next year, but not at cut-throat prices. "If traders' offers are too low, the government will not sell the rice," Duangporn Rodphaya, directorgeneral of the ministry's Foreign Trade Department, said yesterday. "We acknowledge that we want to clean out our inventory, as it creates a high financial burden, but it does not mean that traders can offer very low prices. "The government is still concerned about the market price and impact on the market. If we sell rice too cheaply, it will affect the market price," she said. The government has approved the sale of only 45,000 tonnes of rice to four traders and enterprises out of the 1.63 million tonnes that attracted offers at the latest round of bidding. The recent decision by the government to sell rice in small amounts gives a clear signal that traders should not offer too low a price. Although it was able to sell a small amount of rice at the latest auction, the government will open bidding for more rice this month. However, it will consider the price offers too low, it will not approve the sale.
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Daily Global, Regional and Local Rice E-Newsletter
Because of the drought and the government's plan to restrict rice-growing areas, the supply of rice is low, so Thailand could maintain carryover stocks of about 5 million tonnes. If all bids are approved, about 9.1 million tonnes of rice will remain in the granaries. The current military-installed regime has succeeded in unloading 8.57 million tonnes of rice during the past two years. Thailand targets exports of 9.5 million tonnes of rice this year. As of last Tuesday, it had exported 5.5 million tonnes worth Bt86.6 billion so far this year, an increase of 8.5 per cent in volume and 5.8 per cent in value from the same period in 2015http://www.nationmultimedia.com/business/Commerce-wont-accept-low-prices-for-rice-stocks30291904.html
Rice Prices as on : 02-08-2016 02:44:34 PM Arrivals in tonnes;prices in Rs/quintal in domestic market. Arrivals Current
Price
% Season Prev. Prev.Yr Modal change cumulative Modal %change Rice
Bhivandi(Mah)
2000.00
-60
38609.00
2200
2360
37.50
Bangalore(Kar)
1588.00 -42.84 160783.00
4200
4200
-2.33
Hardoi(UP)
137.20
22.5
2781.20
2226
2180
1.64
Pilibhit(UP)
100.00 669.23
20415.50
2240
2235
2.52
Basti(UP)
94.50
-8.25
5724.50
2070
2060
7.53
Siliguri(WB)
93.00
1.09
6501.00
2600
2600
-
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32
Daily Global, Regional and Local Rice E-Newsletter Lucknow(UP)
88.00
-10.2
4909.00
2400
2375
11.11
Aligarh(UP)
80.00 -11.11
4945.00
2400
2380
17.07
Ghaziabad(UP)
70.00
75
3515.00
2350
2350
8.05
Dhing(ASM)
68.00 -12.82
3850.20
1950
2050
NC
Etawah(UP)
65.00 -13.33
19570.00
2260
2260
-0.66
Saharanpur(UP)
58.00
-3.33
6114.00
2375
2390
10.47
Indus(Bankura Sadar)(WB)
55.00
22.22
787.00
2520
2500
14.55
Gajol(WB)
53.50
-1.83
1086.00
3000
3000
17.65
Sitapur(UP)
51.00
18.6
7841.00
2218
2218
5.17
Barasat(WB)
50.00
NC
3090.00
2350
2300
-2.08
Auraiya(UP)
40.00
11.11
439.00
2265
2275
0.89
Cachar(ASM)
30.00
NC
2640.00
2500
2500
-7.41
Purulia(WB)
30.00 -16.67
2382.00
2450
2500
3.81
Jorhat(ASM)
25.00 -58.33
1754.00
2700
2700
-3.57
Shahjahanpur(UP)
25.00 -65.28
44698.70
2255
2230
12.47
Vasai(Mah)
24.00 -35.14
148.00
2730
2740
5.00
Toofanganj(WB)
24.00
-7.69
50.00
2300
2300
-
Ulhasnagar(Mah)
20.00
5.26
297.00
3500
3000
-
Alipurduar(WB)
20.00
NC
618.00
2300
2300
4.55
Kolaghat(WB)
20.00
NC
899.00
2400
2300
4.35
Tamluk (Medinipur E)(WB)
20.00
NC
918.00
2400
2400
14.29
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Daily Global, Regional and Local Rice E-Newsletter Robertsganj(UP)
17.50
16.67
698.50
1915
1925
2.96
Jajpur(Ori)
15.00 -54.55
473.00
2000
2000
-20.00
Kaliaganj(WB)
15.00
25
890.00
2550
2550
2.00
Bankura Sadar(WB)
11.00
-8.33
181.00
2240
2200
-
Kolhapur(Laxmipuri)(Mah)
10.00
NC
2061.00
3400
3500
-
Bampada(Ori)
10.00
NC
270.00
2600
2600
8.33
Lakhimpur(UP)
10.00
NC
593.50
2370
2370
11.27
North Lakhimpur(ASM)
9.90
26.92
1742.20
1900
1900
-
Deogarh(Ori)
9.00
NC
535.50
2500
2500
-16.67
Khairagarh(UP)
8.00 -11.11
507.00
2170
2170
7.43
Meerut(UP)
7.50
-37.5
624.50
2475
2470
15.12
Karsiyang(Matigara)(WB)
7.40
-1.33
151.60
2700
2700
-
Baruipur(Canning)(WB)
7.20
9.09
63.00
2700
2700
-
Cherthalai(Ker)
7.00 -17.65
407.50
2100
2150
-17.65
Karanjia(Ori)
6.00
NC
389.30
2700
2600
8.00
Mirzapur(UP)
6.00 -14.29
1520.60
1980
1975
0.51
Sheoraphuly(WB)
6.00
-7.69
503.35
2850
2850
16.33
Dibrugarh(ASM)
4.10 -32.79
1402.00
2450
2450
-
Islampur(WB)
3.20
-20
327.60
2350
2350
9.30
Tileibani(Ori)
3.00
20
24.50
2000
2500
-20.00
Melaghar(Tri)
3.00
100
125.30
2650
2500
12.77
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Daily Global, Regional and Local Rice E-Newsletter Bishalgarh(Tri)
2.80
12
14.70
3000
3000
-6.25
Jatni(Ori)
2.50
NC
18.50
2250
2250
NC
Balarampur(WB)
2.20
NC
87.50
2460
2480
10.81
Mangaon(Mah)
2.00
NC
47.00
2500
2800
NC
Rahama(Ori)
1.70
21.43
60.16
2400
2250
9.09
Shillong(Meh)
1.20
100
65.00
3500
3500
NC
Penugonda(Mah)
1.00
NC
6.00
4070
4070
-0.25
Kasipur(WB)
0.80 -33.33
46.30
2440
2440
10.91
Kalimpong(WB)
0.70 -95.33
42.80
2600
2700
8.33
http://www.thehindubusinessline.com/economy/agri-business/article8932586.ece
Rice Prices as on : 01-08-2016 08:10:40 PM Arrivals in tonnes;prices in Rs/quintal in domestic market. Arrivals Current
Price
% Season Prev. Prev.Yr Modal change cumulative Modal %change Rice
Bhivandi(Mah)
5000.00 -64.29
Bangalore(Kar)
2778.00
Devariya(UP)
36609.00
2360
3200
47.50
46.21 159195.00
4200
4200
-2.33
2230
2120
10.12
755.00 843.75
2240.00
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35
Daily Global, Regional and Local Rice E-Newsletter Jaunpur(UP)
350.00 -27.08
3965.00
2100
2065
6.33
Bangarpet(Kar)
343.00 -14.89
11490.00
1850
1880
17.09
Memari(WB)
186.00 -11.43
5042.00
2100
2100
13.51
Faizabad(UP)
100.00
11.11
4309.50
2250
2260
8.70
Kalna(WB)
95.00
5.56
2051.00
2160
2160
13.68
Siliguri(WB)
92.00
-1.08
6408.00
2600
2600
-
Aligarh(UP)
90.00
12.5
4865.00
2380
2400
16.10
Kalipur(WB)
90.00
-2.17
7024.00
2350
2350
20.51
P.O. Uparhali Guwahati(ASM)
86.00
-2.27
3937.60
2230
2230
6.19
Dhing(ASM)
78.00
-4.88
3782.20
2050
1900
5.13
Etawah(UP)
75.00
25
19505.00
2260
2260
-0.66
Karimganj(ASM)
60.00
50
1920.00
2200
2200
-4.35
Gangavathi(Kar)
58.00 176.19
638.00
2000
2840
-41.18
Mainpuri(UP)
51.00
-8.93
756.00
2125
2090
-
Barasat(WB)
50.00 -23.08
3040.00
2300
2200
-4.17
Ballia(UP)
40.00
NC
7710.00
2090
2095
3.98
Kasimbazar(WB)
40.00
-20
2425.50
2420
2380
5.22
Lanka(ASM)
35.00
-12.5
3155.00
1800
1800
1.41
Chintamani(Kar)
33.00
NC
598.00
1950
1950
5.41
Beldanga(WB)
32.00
NC
2613.00
2400
2380
4.35
Bidar(Kar)
25.00
NC
122.00
2400
2300
4.35
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36
Daily Global, Regional and Local Rice E-Newsletter Mangalore(Kar)
25.00 -39.02
191.00
3200
2900
3.90
Fatehpur(UP)
25.00 733.33
324.70
2250
2240
0.90
Ramkrishanpur(Howrah)(WB)
24.90
97.62
1304.00
2400
2400
-4.00
Gulbarga(Kar)
21.00
-4.55
128.00
2100
2100
2.44
Tamluk (Medinipur E)(WB)
20.00
NC
898.00
2400
2300
14.29
Lohardaga(Jha)
18.50
2.78
1267.50
1850
1760
2.78
Giridih(Jha)
15.36
64.63
298.12
3500
3500
NC
Hiriyur(Kar)
15.00
-
15.00
2200
-
-
Jasra(UP)
15.00
NC
712.00
2260
2250
5.12
Robertsganj(UP)
15.00
25
681.00
1925
1960
3.49
Champadanga(WB)
14.00
-6.67
1081.00
2650
2650
3.92
Pundibari(WB)
13.50
8
308.00
2250
2150
9.76
Pilibhit(UP)
13.00 -83.75
20315.50
2235
2230
2.29
Dhekiajuli(ASM)
12.00 -45.45
1335.60
2000
2000
5.26
Huliyar(Kar)
12.00
-
12.00
2937
-
-
Kaliaganj(WB)
12.00
20
875.00
2550
2550
2.00
Uluberia(WB)
11.40
137.5
207.20
2400
2400
4.35
Kottayam(Ker)
10.00
NC
170.00
3800
3500
18.75
Alappuzha(Ker)
10.00
NC
200.00
4150
4150
10.67
Kolhapur(Laxmipuri)(Mah)
10.00 -54.55
2051.00
3500
3800
-
Nilagiri(Ori)
10.00 -16.67
587.00
2300
2400
-4.17
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37
Daily Global, Regional and Local Rice E-Newsletter North Lakhimpur(ASM)
7.80
65.96
1732.30
1900
1900
-
Bolangir(Ori)
7.50 -11.76
352.70
2300
2400
NC
Karsiyang(Matigara)(WB)
7.50
15.38
144.20
2700
2700
-
Chengannur(Ker)
7.00
NC
685.50
2300
2400
-8.00
Firozabad(UP)
7.00
NC
707.60
2240
2220
11.44
Mirzapur(UP)
7.00
NC
1514.60
1975
1975
0.25
Kannauj(UP)
7.00 -17.65
403.00
2200
2200
-0.90
Sheoraphuly(WB)
6.50
-7.14
497.35
2850
2800
16.33
Dibrugarh(ASM)
6.10
-8.96
1397.90
2450
2450
-
Silapathar(ASM)
6.00
NC
702.80
3000
3000
NC
Etah(UP)
6.00 -14.29
176.00
2240
2260
10.34
Rura(UP)
4.50
-87.5
164.70
2170
2180
-2.25
Nimapara(Ori)
4.00 -33.33
255.00
2000
1900
5.26
Mohanpur(Tri)
4.00
33.33
64.00
3000
3000
7.14
Buland Shahr(UP)
4.00 -33.33
465.50
2250
2250
10.57
Jeypore(Ori)
3.60
-10
130.40
4100
5100
1.23
Alibagh(Mah)
3.00
NC
153.00
4000
4000
150.00
Murud(Mah)
3.00
NC
228.00
3000
3000
87.50
Darjeeling(WB)
2.50 -10.71
93.90
2900
2900
20.83
Melaghar(Tri)
1.50
-25
122.30
2500
2450
6.38
Shillong(Meh)
0.60
NC
63.80
3500
3500
NC
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38
Daily Global, Regional and Local Rice E-Newsletter Ernakulam(Ker)
0.56
NC
12.12
3500
3500
14.75
http://www.thehindubusinessline.com/economy/agri-business/article8928428.ece
Nagpur Soybean, Soyoil, Soymeal Open- Aug 1,2016,2016
Nagpur, Aug 1 Gram and tuar prices moved down in Nagpur Agriculture Produce and Marketing Committee (APMC) here on lack of demand from local millers amid increased supply fromproducing regions. Easy condition in Madhya Pradesh pulses also affected sentiment. Heavy rainssince past four days affected trading activity, according to sources. *
*
*
*
FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market here but demand was poor. TUAR * Tuar gavarani reported down in open market here in absence of buyers amid high moisture content arrival. * Watana dal declined in open market in open market in lack of demand from local traders amid release of stock from stockists. * In Akola, Tuar New - 8,300-8,500, Tuar dal New - 12,800-13,100, Udid 12,300-12,800, Udid Mogar (clean) - 16,200-16,900, Moong 8,000-8,100, Moong Mogar (clean) 8,900-9,200, Gram - 7,900-8,200, Gram Super best bold - 9,800-10,100 for 100 kg. * Wheat, rice and other commodities moved in a narrow range in scattered deals, settled at last levels. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
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Daily Global, Regional and Local Rice E-Newsletter FOODGRAINS Available prices Previous close Gram Auction 6,100-7,400 6,200-7,560 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction 6,600-7,500 6,600-7,900 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 10,200-10,500 10,200-10,500 Gram Super Best n.a. n.a. Gram Medium Best 9,700-10,000 9,700-10,000 Gram Dal Medium n.a. n.a Gram Mill Quality 8,700-8,900 8,700-8,900 Desi gram Raw 8,150-8,450 8,150-8,450 Gram Yellow 9,700-9,900 9,700-9,900 Gram Kabuli 9,100-11,100 9,100-11,100 Gram Pink 9,500-9,800 9,500-9,800 Tuar Fataka Best-New 13,000-13,300 13,000-13,300 Tuar Fataka Medium-New 12,400-12,800 12,400-12,800 Tuar Dal Best Phod-New 12,000-12,300 12,000-12,300 Tuar Dal Medium phod-New 11,100-11,600 11,100-11,600 Tuar Gavarani New 8,400-8,600 8,500-8,700 Tuar Karnataka 8,800-9,200 8,800-9,200 Tuar Black 12,100-12,900 12,100-12,900 Masoor dal best 7,500-7,700 7,500-7,700 Masoor dal medium 6,600-7,100 6,600-7,100 Masoor n.a. n.a. Moong Mogar bold (New) 8,500-9,500 8,500-9,500 Moong Mogar Medium 7,800-8,200 7,800-8,200 Moong dal Chilka 6,500-7,300 6,500-7,300 Moong Mill quality n.a. n.a. Moong Chamki best 8,000-8,400 8,000-8,400 Udid Mogar best (100 INR/KG) (New) 16,000-17,000 16,000-17,000 Udid Mogar Medium (100 INR/KG) 13,500-15,000 13,500-15,000 Udid Dal Black (100 INR/KG) 9,000-9,200 9,000-9,200 Batri dal (100 INR/KG) 6,300-6,800 6,300-6,800 Lakhodi dal (100 INR/kg) 5,600-5,800 5,600-5,800 Watana Dal (100 INR/KG) 4,000-4,100 4,100-4,200 Watana White (100 INR/KG) 3,800-4,000 3,800-4,000 Watana Green Best (100 INR/KG) 4,300-4,800 4,300-4,800 Wheat 308 (100 INR/KG) 1,850-1,950 1,850-1,950 Wheat Mill quality (100 INR/KG) 1,950-2,000 1,950-2,000 Wheat Filter (100 INR/KG) 1,750-1,950 1,750-1,950
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Daily Global, Regional and Local Rice E-Newsletter Wheat Lokwan best (100 INR/KG) 2,250-2,400 2,250-2,400 Wheat Lokwan medium (100 INR/KG) 2,000-2,200 2,000-2,200 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,200-3,800 3,200-3,800 MP Sharbati Medium (100 INR/KG) 2,700-3,000 2,900-3,000 Rice BPT best New(100 INR/KG) 3,100-3,800 3,100-3,800 Rice BPT medium (100 INR/KG) 2,700-2,900 2,700-2,900 Rice Luchai (100 INR/KG) 2,500-2,700 2,500-2,700 Rice Swarna best (100 INR/KG) 2,200-2,500 2,200-2,500 Rice Swarna medium (100 INR/KG) 1,900-2,100 1,900-2,100 Rice HMT best New (100 INR/KG) 3,700-4,000 3,700-4,000 Rice HMT medium (100 INR/KG) 3,000-3,300 3,000-3,300 Rice Shriram best New(100 INR/KG) 4,500-4,900 4,500-4,900 Rice Shriram med New(100 INR/KG) 4,000-4,300 4,000-4,300 Rice Basmati best (100 INR/KG) 9,500-14,000 9,500-14,000 Rice Basmati Medium (100 INR/KG) 7,000-8,000 7,000-8,000 Rice Chinnor best New(100 INR/KG) 5,500-5,800 5,500-5,800 Rice Chinnor med. New (100 INR/KG) 5,200-5,400 5,200-5,400 Jowar Gavarani (100 INR/KG) 1,900-2,100 1,900-2,100 Jowar CH-5 (100 INR/KG) 1,700-1,850 1,700-1,850 WEATHER (NAGPUR) Maximum temp. 30.4 degree Celsius (86.7 degree Fahrenheit), minimum temp. 23.6 degree Celsius (74.5 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : 2.4 mm FORECAST: Partly cloudy sky. Rains or thunder-showers very likely to occur. Maximum and minimumtemperature would be around and 320 and 24 degree Celsius 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-soya-idINL3N1AI3AN
08/01/2016 Farm Bureau Market Report 4:56 AM
41
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Daily Global, Regional and Local Rice E-Newsletter
Soybeans High Low Cash Bids 1043 1043 New Crop 1043 958
Riceland Foods
Cash Bids Stuttgart: - - - Pendleton: - - New Crop Stuttgart: - - - Pendleton: - - -
Futures:
SOYBEANS High
Low
Last Change
Aug '16 1030.75 992.00 996.00 -36.50 Sep '16 1017.50 976.75 981.25 -38.75 Nov '16 1000.00 958.25 961.50 -41.50 Jan '17 1000.25 958.75 962.00 -41.00
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Daily Global, Regional and Local Rice E-Newsletter Mar '17 990.75 950.00 953.50 -38.50 May '17 986.00 947.50 950.50 -35.75 Jul '17 987.75 948.75 952.00 -34.75 Aug '17 966.00 942.75 944.25 -32.00 924.50 -32.00
Sep '17
Soybean Comment Soybeans closed sharply lower today, despite news of yet another large export sale. At a time when the market continues to get bullish demand news the weather forecast continues to weigh on prices. Today's USDA report backs up the market setiment as good to excellent ratings for soybeans increased week to 72% rated good to excellent. Soybeans need the demand to remain robust as it appears growers are heading towards another record soybean crop.
Wheat High Low Cash Bids --
--
New Crop 455 430
43 Futures:
WHEAT
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Daily Global, Regional and Local Rice E-Newsletter High Low
Last Change
Sep '16 415.50 404.75 406.00 -1.75 Dec '16 442.00 431.75 433.00 -2.75 Mar '17 466.75 457.50 458.50 -1.75 May '17 479.50 471.00 472.00 -1.75 Jul '17 486.75 478.75 479.75 -0.75 Sep '17 495.50 494.25 491.50 -0.50 Dec '17 512.75 508.00 509.25 -0.25 Mar '18
523.50 -0.25
May '18
527.25 -0.25
Wheat Comment Wheat prices closed lower despite a positive export inspection report. The market has seen exports up 38% from last year's lackluster performance. The problem is demand needs to strengthen further before we will see a significant reduction in the more than 1 billion bushel of wheat carryover.
Grain Sorghum High Low 44 Cash Bids --
--
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Daily Global, Regional and Local Rice E-Newsletter New Crop 317 234
Corn High Low Cash Bids 352 315 New Crop 356 297
Futures:
CORN High Low
Last Change
Sep '16 333.75 325.50 325.75 -8.75 Dec '16 342.25 334.00 334.25 -8.50 Mar '17 350.75 343.00 343.25 -8.25 May '17 356.25 349.00 349.00 -8.25 Jul '17 361.75 354.50 354.75 -8.00 Sep '17 363.75 359.50 359.75 -7.25 Dec '17 372.00 366.00 366.50 -6.00
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Daily Global, Regional and Local Rice E-Newsletter Mar '18 379.75 377.00 376.25 -5.50 May '18 382.50 382.50 381.75 -5.00
Corn Comment Corn prices closed lower again today as the market continues the be pressured by improving weather conditions. After the market closed the USDA reported crop conditions unchaged from a week ago with 76% rated good to excellent. The rains this week forecast for major growing areas should help this remain strong through the end of the growing season. Demand remains robust compared to last year, but is likely to come up short of the current USDA forecast.
Cotton Futures:
COTTON High Low Last Change Oct '16 74.91 73.98 74.17 0.01 Dec '16 74.87 73.46 74.38 0.34
Cotton Comment Cotton prices continue to be supported by dry weather in Texas and strong international demand. As China continues to demand more cotton and draw down thier reserves cotton continues to maintain gains as grains decline. This week's crop condition report should add additional support for prices as just 50% of cotton acres are rated good to excellent this week down 2 percentage points from last week.
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Daily Global, Regional and Local Rice E-Newsletter
Rice High Low Long Grain Cash Bids - - - - - Long Grain New Crop - - - - - -
Futures:
ROUGH RICE High Low
Last Change
Sep '16 992.5 964.5 968.5 -25.5 Nov '16 1020.0 990.5 996.0 -25.5 Jan '17 1035.5 1017.0 1019.0 -24.0 Mar '17
1041.0 -23.5
May '17
1061.0 -22.5
Jul '17
1076.5 -21.0
Sep '17
1076.5 -21.0
Rice Comment Rides prices fell lower today, giving back all of Friday's gains and then some today as prices closed below support at $10.00. Rice got some support after the market closed when the USDA forecast
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Daily Global, Regional and Local Rice E-Newsletter crop conditions closed slightly lower down 1% at 66% good to excellent.
Cattle Futures: Live Cattle:
LIVE CATTLE High
Low
Last Change
Aug '16 116.075 113.725 115.925 +2.850 Oct '16 114.725 112.400 114.075 +2.350 Dec '16 115.400 112.975 114.600 +2.200 Feb '17 114.500 112.300 113.950 +2.150 Apr '17 112.825 110.650 112.300 +2.075 Jun '17 106.375 104.525 106.200 +2.000 Aug '17 105.700 104.650 105.350 +2.050
Feeders:
FEEDER CATTLE High
Low
Last Change
Aug '16 144.550 140.975 144.550 +4.500 Sep '16 143.075 139.450 143.075 +4.500
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Daily Global, Regional and Local Rice E-Newsletter Oct '16 142.225 138.450 141.875 +4.150 Nov '16 139.650 135.925 139.300 +4.050 Jan '17 135.975 132.625 135.825 +4.050 Mar '17 134.600 131.850 133.875 +3.300 Apr '17 134.200 134.000 134.200 +3.150 May '17 134.000 133.800 133.800 +3.375
Cattle prices saw sharp gains today as prices continue thier volatile trading pattern. Strength in beef prices today combined with further weakness in corn helped propel both feeders and cash cattle higher. There remains little long term support for prices until this market can see steady gains in beef prices and demand for live cattle,
49
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