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Rice checkoff still under fire, but Louisiana rice industry unites behind new law Tax exemption takes effect for Ark. rice farmers Business Today: Korea and rice market liberalization Metro Manila rice prices reduced 100 teams will inspect 1,800 paddy warehouses and 137 silos DIT poised to issue suggested prices for rice production factors Farmers await rains after slow start to monsoon No shortage of foodgrains despite less rainfall: Food Min Food exports down by 1.41%, rice exports up 14.5% in July-May 2014 Export of LGW rice to Kenya may decline Rice variety beneficial to diabetics identified
New Detail‌ Rice checkoff still under fire, but Louisiana rice industry unites behind new law Jul 1, 2014
Last October, a Louisiana Supreme Court justice ruled that the rice checkoff Louisiana farmers had been supporting for 40 years was unconstitutional. The Louisiana Rice Research Board, which administers the checkoff, was forced to scramble for funding to meet its commitments to researchers.ince then, the Louisiana General Assembly, led by Rep. Jack Montoucet, D-Crowley, has passed legislation aimed at addressing the issue and restoring the checkoff. But Rice Research Board leaders say the fight to keep the 5-cent per hundredweight checkoff in place is far from over."The truth is funding of rice research is in jeopardy," said Jackie Loewer, chairman of the Louisiana Rice Reseatrch Board, speaking at the LSU AgCenter Rice Research Station's annual Field Day, "We're involved in a protracted, legal engagement that is distasteful. ""The truth is what you see here today as you drive through the fields and look at the poster sessions and what you heard here this morning may go away. As most of you know from your family life, your church life, your academic life and your business life, nothing happenss in the absence of revenue. There's a possibility that may happen to your rice research funds."Loewer said the main reason the Rice Research Board was able to honor
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most of its commitments was that over the years it had maintained a reserve fund against the possibility of a shortfall. Growers also came together and voluntarily contributed $564,000 to keep the research efforts going."The truth is the plaintiffs in the lawsuit are still trying to take even that away," Loewer said. Loewer credited the work of Rep.
Montoucet for passing legislation that provides a mandatory 5-cent checkoff per hundredweight on all rice sold in the state. Growers will no longer have a referendum to determine whether they favor the checkoff, but they can request a refund of the checkoff."Now it will be possible for some of you to ask for your money back but still benefit from the research provided to those who do not ask for their money back."Montoucet, who spoke briefly during the field day, said the passage of the law took the combined efforts of a number of organizations and their members, including the legislature, the Rice Research Board, the LSU AgCenter and the LSU System President, Dr. F. King Alexander."Being chairman of the Louisiana Rural Caucus helped, but, really, once we sat everyone down and explained what was at stake, it wasn't difficult to secure the votes needed in both houses for passage," Montoucet said.
Tax exemption takes effect for Ark. rice farmers Arkansas Rice Farmers11:28 a.m. CDT July 1, 2014
LITTLE ROCK, Ark. - A tax exemption projected to save Arkansas farmers millions in annual utility costs took effect today. Act 1401 of the 2013 legislative session created a state and local sales tax exemption on utilities used by a grain drying and storage facility. Utilities include electricity, liquefied petroleum gas and natural gas."Grain storage keeps the Arkansas rice industry globally competitive and helps farmers avoid selling grain when prices are low," said Arkansas Rice Executive Director Ben Noble. "This exemption will deliver tax relief to farmers across the delta as they continue to feel the financial squeeze from reductions in federal farm support as well as increasing input costs." According to Arkansas Department of Finance and Administration fiscal projections, the tax exemption will save Arkansas farmers $3.89 million in 2015 and $4.01 million by 2016.In order to receive the tax exemption, the utility must be separately metered and only used for on-farm grain storage or drying. Utilities used in irrigation do not apply. Farmers who want to claim this tax exemption must receive approval from the Arkansas Department of Finance and Administration (DFA) by filling out a form.Arkansas is the nation's number one rice-producing state, accounting for almost 50 percent of the U.S. rice production. Rice is the state's second highest value commodity, top agricultural export, and contributes more than $6 billion to the state's economy annually.
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The Arkansas DFA form can be found at www.arkansasricefarmers.org/taxexemption
Business Today: Korea and rice market liberalization Updated: 2014-07-02 PM 2:02:43 (KST) To open or not to open that is the question.We're talking about Korea's ever-sensitive rice market.The government here was very close to making that decision earlier this week but postponed it again, saying more time is needed to consult with the nation's farmers and the public.For an in-depth discussion on the issue, Professor Yang Jun-sok joins me live in the studio. He is a professor of economics at the Catholic University of Korea.Professor Yang, a policy decision on rice market liberalization was expected in June, but it is now July and the decision hasn't been made yet.With growing international pressure to open the rice market to foreign competition, the government appears be sandwiched between global pressure and domestic opposition. Where does the Korean government stand in the rice market battle?The rice market is a very sensitive one for this country and consequently, the opening of the market is being met by great opposition. What's their side of the argument? Let's take a look at the supply of and demand for rice these days. What trends do you see today in terms of rice consumption and the amount of required imports? Let's look to the case of the Philippines -- which is the only other country in the world that has yet to liberalize its rice market. After negotiations, Manila did get an extension on its waiver, but at a high cost and those who support the idea of ricet market liberalization say that Korea, if it doesn't open up the market soon, could find itself in a similar situation. Could you tell us a little more about the case? What, in your view, is an ideal scenario for Korea's rice market and its competitiveness in the global market? Give us an idea of what we should be expecting from here on out. To watch video, follow the link: http://www.arirang.co.kr/News/News_View.asp?nseq=164827
Metro Manila rice prices reduced Posted by Online on Jul 2nd, 2014 // No Comment An organization of rice retailers has agreed to reduce rice prices by P2 per kilogram in Metro Manila markets, the National Food Authority (NFA) said yesterday.Rice retailer-members of the Alliance of Filipino Farmers and Rice Retailers Associations (AFFRA), composed of farmer organizations and rice retailers’ associations nationwide, have agreed to bring down their rice selling price from P41 to P39 per kilogram effective immediately in eight major markets in Metro Manila, namely Muntinlupa, Pateros, Mandaluyong, Taguig, Paranaque, Pasay, Las Piùas, and Makati.NFA received a copy of the AFFRA Resolution after its leaders, headed by Danilo Garcia, met with Secretary Francis Pangilinan, Presidential Adviser on Food Security and Agricultural Modernization, and newly-appointed NFA Administrator Arthur Juan.
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Garcia, a rice retailer, said they agreed to reduce their rice selling prices in order to help ease the financial burden on consumers.The NFA, meanwhile, assured the public that it will continue to distribute quality regularmilled rice at P27 per kilogram and well-milled rice at P32 per kilogram in all markets nationwide.AFFRA officers stated in their resolution that despite government’s efforts, commercial rice prices increased mainly because of the off-harvest or lean season for the staple and also as an offshoot of the high palay buying price by traders that impact on the price of rice for the end-consumers. (E. B. De Vera)
100 teams will inspect 1,800 paddy warehouses and 137 silos Date : 2 กรกฎาคม 2557 BANGKOK, 2 July 2014 (NNT) – A hundred teams will inspect 1,800 rice warehouses and 137 silos nationwide between July and August to see whether they have quantity and quality of paddies in line with the amount that is documented. ML Panadda Diskul, the chairman of the subcommittee to inspect quantity and quality of government rice, today met with the inspectors from all ministries to brief them on the policies and guidelines for stock inspection. They have been coordinating with the representatives from military and relevant ministries. The requirements are that the quantity recorded in the rice accounts of each warehouse and silos match with the documents and quality of paddies. Orawan Khumsap, the inspector-general of the Prime Minister’s Office, and her team are scheduled to visit the warehouses in Nakorn Ratchasima province.
DIT poised to issue suggested prices for rice production factors BANGKOK, 1 July 2014 (NNT) – The Department of Internal Trade (DIT) is prepared to help rice farmers reduce their production costs by imposing suggested prices for production factors. DIT Director-General Somchart Sroythong made known that measures for lowering the rice production cost for the 2014/2015 season had already been proposed to the National Council for Peace and Order (NCPO) for approval during a meeting of the rice management policy committee. He said the measures were compiled from suggestions earlier made by rice mill owners, farmer representatives and relevant agencies. Once implemented, the measures will help farmers save up to 432 baht per rai. The cost of chemical fertilizers is expected to come down by 40 baht per sack while pesticides will likely become cheaper by 20 baht per rai, rice seeds by 122 baht per rai, rice harvesting service by 50 baht per rai and land rental by 200 baht per rai. Mr Somchart stated that, as the first step, suggested prices would be announced within this week for fertilizers and pesticides. Vendors of such products have so far expressed their willingness to cut their prices as instructed.
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Farmers await rains after slow start to monsoon BY RAJENDRA JADHAV
LASALGAON India Wed Jul 2, 2014 2:27pm IST (Reuters) - Pramod Patil's 40-acre field in Lasalgaon usually turns green around now with germinated soybean and corn seeds, but this year he has yet to begin planting because of scanty monsoon rains in Maharashtra.Like 27-year old Patil, millions of farmers are hoping rains will strengthen in the next two weeks so they can grow rice, soybean, cotton, pulses and some vegetables - summer crops that account for 7.5 percent of the country's economy."Every day we look at the sky hoping to see some black rainfall clouds, but the sky is clear," says Patil, his fingers pointing skywards. "Soybean and onion prices are attractive, but what's the use if I fail to cultivate crops this year?" A poor monsoon season cuts exports, stokes food inflation and leads to lower demand for industries ranging from automobiles to consumer goods, while even a slow start can delay exports of some crops and increase the need for imports.Rainfall in June, the first month of the four-month monsoon season, was 43 percent below average across India, but more than 90 percent down in some states like Maharashtra and neighbouring Gujarat, top producers of cotton, soybean and sugar cane.One of the world's biggest producers and consumers of rice, corn, cooking oil, sugar and cotton, India relies heavily on the annual monsoon rains as nearly half of its farmland is rainfed.A delay in sowing will hit soymeal and cotton exports that normally pick up from October, and could force India to increase imports of edible oils, said Harish Galipelli, vice-president research at Inditrade Derivatives and Commodities.The poor start to the monsoon in the western region could affect production because only 35 percent of the area sown to crops is irrigated, Morgan Stanley Research said in a note.India's summer-sown crops covered just 13.1 million hectares (32.4 million acres) as on June 27, the farm ministry said, just over half of the level a year earlier. DROUGHT POCKETS Rains are forecast to gain momentum over most of the country early this month, but the farm minister said on Tuesday that a "drought-like situation might prevail in some pockets" of western India.A prolonged dry spell could reduce crop yields and cut returns for farmers, many of whom take on debt to buy seeds and fertilisers. This could force some farmers to skip either a summer-sown or winter-sown crop."Normally we harvest soybeans in October and then cultivate onions in November. We'll have to skip soybeans if we fail to get rainfall in the next two weeks," said Patil, speaking as his two permanent labourers slept under a tree due to a lack of work.For farmer Satish Khairnar, it is a case of playing safe. He plans to minimise sowing in the fear of wasting money on seeds and fertiliser should drought take hold.Such caution has already affected Vijay Nikam, who has been selling seeds and pesticides to farmers in Khairnar's village for more than two decades, but whose sales are down 90 percent on last year."I've sown cotton on eight acres (3 hectares), but it will wilt if rainfall is delayed by one more week," said Abhiman Patil, a 62-year-old farmer in Maharashtra who has been irrigating his farmland using water from wells that are fast drying up."The next eight days will decide whether I am going to recover my investment or I am going to make losses. Let's pray there will be some showers." (Editing by Krishna N Das and Richard Pullin)
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Image:A farmer uses his oxen to till his land in front of a satellite dish set up in an adjacent field in Narayangaon September 28, 2012. CREDIT: REUTERS/VIVEK PRAKASH/FILES
No shortage of foodgrains despite less rainfall: Food Min Targeting UPA government for criticising the BJP-led NDA government on the issue of inflation, he said that the present government was in office for nearly 35 days and it is trying to improve the system. Union Food and Civil Supplies Minister Ram Vilas Paswan assured here on Monday, that despite warnings of less rainfall predicted by the Met Department, there will not be any shortage of foodgrains in the country. "The government has enough stock of wheat and rice to meet foodgrain requirements of the country for a year and the country is fully prepared to meet a situation like drought in the event of less rainfall," Paswan said, addressing an even on food security. Also Read: Rise in food prices: Centre swings into action Targeting UPA government for criticising the BJP-led NDA government on the issue of inflation, he said that the present government was in office for nearly 35 days and it is trying to improve the system. "You are not expected to clear a lifetime of burdens in just a day. It will take time," Paswan said, adding even the Met Department has warned of less rainfall this season. On the occasion, the minister also announced that out of the total allocation of foodgrains to Madhya Pradesh, the Centre would provide 75 percent wheat and 25 percent rice. Paswan also praised the MP government led by Chief Minister Shivraj Singh Chouhan for implementing the Food Security Act despite the fact that more than 25 states in the country are unable to implement it. He also lauded the MP state government for launching its one rupee per kilogram wheat, rice and salt scheme under the Mukhyamantri Annapurna Scheme. Paswan said that in Madhya Pradesh out of a 7.5 crore population, 5.42 crore were included under the Food Security Scheme, while in Bihar and other states not even 10 per cent of people are covered under it. He also said that he has already ordered provision of 50 lakh tonne of rice in the open market and added that at Chouhan's request, the Centre has raised the quota of rice to 25 per cent from 20, and reduced the quota of wheat from 80 to 75 per cent, since people in the state consume more rice.
Food exports down by 1.41%, rice exports up 14.5% in July-May 2014 ISLAMABAD: Although the rice exports form the country increased by 14.5 percent, the overall food exports from the country witnessed negative growth of 1.41 percent during July to May fiscal year 2013-14 compared to the corresponding period of last year.The over all food exports from the country during July-May 2013-14 were recorded at $4.295 billion compared to the exports of $4.357 billion in July-May 2012-13, according to the data of Pakistan Bureau of Statistics (PBS).The food products contributed in negative growth in trade included vegetables, exports of which dropped by 14.03 percent from $234.320 last year to $201.455 in 2013-14 while the exports of leguminous vegetables (pulses) decreased from $4.463 million to $2.820 million, showing fall of 36.81 percent.
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Exports of tobacco decreased by 13.50 percent by declining from $22.909 percent to $19.817 percent while the exports of wheat decreased by 86.79 by going down from $53.436 million to $7.058 million.Spices and sugar exports from the country also witnessed decrease of 16.16 percent and 46.12 percent respectively as the exports of spices declined from $61.202 million to $51.312 million while the sugar exports decreased from $474.768 million to $255.800 million.Meanwhile the food products witnessed positive growth in trade including rice, exports of which increased from $1.758 million to $2.013 million, showing an increase of 14.50 percent. Among the rice varieties, the exports of basmati increased by 12.29 percent whereas the exports of other rice commodities expanded by 15.64 percent.The exports of fish and fish preparations increased by 15.25 percent by going up from $291.301 to $335.732 million whereas the exports of fruits increased by 16.84 percent from $357.748 million to $417.997 million.The oil seeds, nuts and kernals exports from the country increased by 136.72 percent from $33.535 million to $79.383 million whereas the exports of meat and meat preparations increased by 10.24 percent from $194.032 million to $213.893 million. The exports of all other food commodities witnessed negative growth of 19.98 percent by falling from $871.070 last year to $697.054 million in 2013-14.Country’s overall trade deficit narrowed by 5.66 percent during first 11 months of current fiscal year as exports expanded by 3.71 percent while imports witnessing negative growth of 0.57 percent as compared to the same period of last year.On year-on-year basis, the trade deficit witnessed sharp decrease by 27.60 percent in May 2014 when compared to the deficit of the same month of last year. According to break up figures, the exports from the country during July-May 201314 were recorded at $23.112 billion against the exports of $22.286 billion recorded during July-May 2012-13. On the other hand, the imports into the country during the period under review were recorded at $40.777 billion against the imports of $41.011 billion during the corresponding period of last year. Meanwhile, on year-on-year basis the seafood exports from the country increased by 18.24 percent by going up from $35.520 million last year to $42 million in 2013-14.On month-on-month basis, the exports of seafood increased by 7.64 percent in May 2014 compared to the exports of $39.018 million during the April 2014, the data revealed.
Export of LGW rice to Kenya may decline July 01, 2014 RECORDER REPORT
Kenya has imposed a duty of 200 dollar per ton on Pakistan's long grain white (LGW). The duty on the rice is to be implemented from July 1. Chances of losing a major buyer of non-basmati rice have increased as the Kenya
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has doubled the duty on import of Pakistani non-basmati rice. Export of LGW rice to Kenya is around 0.4 million tons annually with revenue of $180 million and, as such, exporters will now have to pay $80m tax each year to Kenya. Commenting on the situation, sources said: "The demand of Pakistan's LGW Rice in Kenya is very high due to its quality, but the duty can decrease the export. Rice exporters are unable to pay this extra money as they are already paying huge amount to different exportrelated departments," they opined. "Pakistan import 55 per cent of black tea from Kenya as a result of this duty," they added. Meanwhile, rice exporters have appealed to the government to take up the issue with the Kenyan government to provide some relief to exporters. "Recently, the demand of high quality LGW rice, despite its high rate of $400 per ton, has surged in the global market as compared to other rice markets including Thailand and Vietnam. Buyers from all over the world are ready to pay extra premium of $30 to $40 to buy excellent quality Pakistani rice. Monthly export of non-basmati rice reached to 0.2 million ton with a revenue of $90m. Around 2.8 billion tons of rice has been exported in the last 10 months," they added.
Rice variety beneficial to diabetics identified Jul 02, 2014 - Rabindra Nath Choudhury |
Scientists in Indira Gandhi Agriculture University (IGAU) have identified a rice variety which is beneficial to diabetic patients.A research by Plant Molecular Biology and Biotechnology (PMBB) department in the university has found that one Gurmatiya (Oryza Sativa) group variety of rice has properties that help regulate release of glucose in the blood controlling sugar level in the body.“A Gurmatiya group variety cultivated in Chhattisgarh is found to be having low level of glycemic index (GI) that helps regulate release of glucose in the body. The GI of Gurmatiya variety cultivated in Chhattisgarh is found to be even lower than that of Madhukar and Swarna varieties of rice developed by International Rice Research Institute (IRRI), Manila in Philippine,� Dr Girish Chandel, professor of PMBB in the university, disclosed this newspaper on Tuesday. Interestingly, the variety is almost extinct as it is not found popular with the farmers due to its low productivity.
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