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Daily October 31, 2014
Exclusive ORYZA E-Newsletter
DAILYCompiled EXCLUSIVE ORYZA E-NEWSLETTER & Edited by Riceplus Magazine October 31, 2014
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October 31, 2014
DAILY EXCLUSIVE ORYZA E-NEWSLETTER News Headlines‌ o o o o o o o o o o o o o o o o o
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PKI shows reservation on fixing lower price of rice crop Bangladesh Rice Production Forecast at Record High Concerns Grow Over Severe Slump in Rice Prices Stuttgart's Producers Rice Mill sets new season record Rice prices expected to see spike as yield rates fall 25 percent Nagpur Foodgrain Prices Open- October 31 Bumper 2014 Paddy, Maize Production Expected for Pakistan Egypt: Gov't to Buy Rice From Farmers At 2,050 Per Ton Yellow Rails and Rice Festival--A Festival Like No Other USA Rice and Ducks Unlimited Attend National FFA Convention More state rice sets sail Germany offers support in renewable energy: envoy Rice importers pay N23.1bn duty in nine months In flood hit Kashmir, traders to import woolen clothing, matting, rice from PaK Smuggling raps filed vs. rice importer, brokers Raise rice import duty issue with Iran: Haryana to Sitharaman Research and Markets: Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth Rwanda: Rab Launches New Initiative to Enhance Rice Production
Chinese COLOR SORTER as low as Pak Rs 22 Lakh Only A Time Limited Offer Contact: Cell: 0300 414 3493
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News Detail… PKI shows reservation on fixing lower price of rice crop
Member of National Assembly and Parliamentary Secretary of Ministry of National Food Security Rajab Ali Khan Bloch also attended the meeting. Rao Tariq Ishfaq, Roshan Dil Khan Hoti and Arshad Lalika were among the members of PKI.
Bangladesh Rice Production Forecast at Record High 31 October 2014
ISLAMABAD: Pakistan Kisan Itthad (PKI) expressed serious reservation over setting up price for rice crop lower than the previous fiscal year. It demanded of Pakistan Agricultural Storage and Services Corporation (PASSCO) to buy commodity after increase in the price.A delegation of PKI meeting with Sikandar Hayat Khan Bosan federal Minister for National Food Security and Research requested to get the government price of wheat fix as soon as possible and it should be at least Rs 1,400 per 40 kilogramme. Itthad’s delegation requested government should implement its promise regarding tube well electricity rates and PKI also demanded to immediately waive off General Sales Tax on tube well’s bills. PKI showed reservation regarding import of potato and asked minister to provide excessive phosphate fertilizer. Bosan assured them the government would meet their genuine demands. PKI members appreciated Bosan regarding cotton price.
BANGLADESH - Harvesting of the 2014 Aman season rice crop is expected to start in early November and continue until midDecember.Overall, rainfall between June and mid-October has been near-average over the main rice-producing areas benefiting sowing activities and crop development.However, heavy rains during the second dekad of August over northwestern and northeastern parts of the country, coupled with onrush of water from upstream in India led to localized floods, resulting in some crop losses in some areas. In spite of this, the overall damage to the 2014 Aman season paddy crop is expected to be minimal. As a result, FAO’s preliminary forecast for this season stands at 19.7 million tonnes, slightly above last year’s same season bumper crop.This reflects an increase in the area planted, in response to high prices at sowing time, coupled with higher yields due to the good rains during the season and increased use of
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improved seeds.Under current expectations, FAO tentatively forecasts the 2014 aggregate rice production (including Aus, the ongoing Aman and forthcoming Boro seasons) at 52.5 million tonnes, up 2 per cent from the 2013 output. On average, Aus, Aman and Boro seasons account for 7, 38 and 55 per cent, respectively, of annual paddy production.Harvesting of the 2014 maize crop in nearing completion. FAO’s latest forecast points to a maize crop of 2.3 million tonnes, slightly above last year’s record output.FAO’s estimates the 2014 mostly irrigated small wheat crop, harvested by April, at 2 per cent from last year’s good level to 1.4 million tonnes
Concerns Grow Over Severe Slump in Rice Prices RANGOON — Rice prices and exports have experienced a sharp drop this year as a result of a tightening of import restrictions by China, Myanmar Rice Federation Chairman Chit Khaing said on Thursday.The slump in rice prices comes ahead of the start of the main rice harvest season and could have a serious impact on the livelihood of Burma’s farmers, already among the country’s poorest groups. Chit Khaing said prices currently stood at about US$330 per 100 baskets of paddy (about 1,500 kilogram), down from about $400 per 100 baskets last year.“Due to this big drop in prices a lot of farmers will face problems,” he said, adding that a tightening of Chinese border controls on the quality of
Burmese rice and a crackdown on the smuggling of rice had caused the drop in demand and prices. “At the same time, Thailand is increasing its rice sales on the international market too, that’s why paddy prices here keep falling,” he said, adding that domestic rice demand had already been met.Until now, China had been buying up more than half of all Burma’s annual rice export, with much of the low quality paddy produced in the Irrawaddy Delta and central regions flowing across the Burma-China border with few border checks and through smuggling routes.A World Bank report in June said the government would need to take a range of measures to improve the quality of rice through investments in rice mills, while it should also reduce transport costs and formulate policies to support rice export and agricultural production.
Stuttgart's Producers Rice Mill sets new season record Producers Rice Mill, Inc.’s Stuttgart facility received 17 million bushels of green rice this harvest season. Leigh Hahn-Kreimeier Posted Oct. 31, 2014 @ 9:05 am
A Stuttgart rice mill set a new season record Friday. Producers Rice Mill, Inc.’s Stuttgart
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facility received 17 million bushels of green rice this harvest season.This marks the first time in history the plant has received over the 17 million mark — 16.8 million was the previous record set in 2012. The load that topped the scales was brought in from Bryan Brewer Farms. The rice was a grade No. 1, RiceTec XL745. Producers Rice Mill has set several records in 2014. The Stuttgart Dryer division of Producers Rice Mill, Inc. set a single day unloading record of 607,747 bushels of green rice on Sept. 23. That broke the previous daily record by 6,413 bushels set only 15 days before.Keith Glover, president and CEO of Producers Rice Mill, said, “The amazing thing is the new (daily) record was set in less than 13 hours of unloading trucks, whereas the previous record took 14 hours to accomplish. Setting new daily green rice receipts records this late in the 2014 rice harvest is a testament of the awesome job our employees are doing serving our farmer-members.” The company has also moved up several spots on the United States Department of Agriculture’s Top 100 Agriculture Cooperative lists this year. Producers jumped from 79th a year ago to 64th in 2014.
overall sales volume but instead focus our attention on servicing our members during harvest and paying them the best return possible. Our new Dryer 6, built in 2012, is an example of our commitment to better serve our members during harvest.” The USDA Top 100 list has been maintained for years but for some reason USDA seemed to publicize it more this year, Glover said of growing number of press sites releasing the information.
Rice prices expected to see spike as yield rates fall 25 percent October 30, 2014
Rice prices are expected to see a spike as
yield rates fell 25 percent from last year in Southern California.According to industry sources Wednesday, the $5 billion rice industry is suffering losses from the drought in the region.Southern California has the highest rice output in the United States after Arkansas, with about 500 million pounds distributed to about 100 countries around the world each year.
“It is a great honor for our cooperative and farmer-members that Producers Rice Mill has been named in USDA’s Top 100 Agriculture Cooperatives,” Glover explained. “Moving up to 64 on the list is strictly due to an increase in overall sales dollars from the previous year. To be The amount of crops decreased this year honest, we pay very little attention to our due to limited water supply in the region, Riceplus Magazine wwww.ricepluss.com mujahid.riceplus@gmail.com Cell: +92 321 369 2874
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which resulted in a smaller cultivation area — 420,000 acres, a 25 percent decrease from last year.Mike DeWitt, a rice farmer in Northern California, told the Associated Press he planted 700 acres on his Woodland farm this year instead of the usual 1,000 because of a 30 percent cut in water supply.“I think it’s the worst as far as the California rice industry is concerned on record,” he told AP. “One more dry year, and I think the impacts on California rice farmers will be devastating.”Currently, the price of a 100pound bag of Calrose rice is about $24.50 to $26.50. In 2010, the same bag cost $20.27.Newly harvested rice sold at Southern California Korean markets have also seen price increases, up to $9.99 this year for a 20-pound bag from $7.99 last year.Industry sources said price changes will depend on the amount of rainfall the region receives this winter. Image: Rice prices in Southern California are rising as a result of the drought.
Nagpur Foodgrain Open- October 31
Prices
Fri Oct 31, 2014 2:43pm IST Nagpur, Oct 31 (Reuters) - Gram prices in Nagpur Agriculture Produce and Marketing Committee (APMC) zoomed up again on increased buying support from local millers amid weak arrival from producing regions. Notable rise on NCDEX, reported demand from South-based millers and healthy hike in Madhya Pradesh gram prices also boosted prices, according to sources.
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FOODGRAINS & PULSES GRAM * Gram super best bold and medium best showed weak tendency in open market on lack of demand from local traders amid release of stock from stockists. TUAR * Tuar gavarani and tuar Karnataka recovered in open market on renewed festival season demand from local traders amid tight supply from producing regions. * Rice HMT and rice Swarna reported higher in open market on good demand from local traders amid weak arrival from producing regions like Chhatisgarh and Madhya Pradesh. * In Akola, Tuar - 4,600-4,700, Tuar dal 7,100-7,400, Udid at 7,000-7,200, Udid Mogar (clean) - 7,800-8,100, Moong - 6,900-7,300, Moong Mogar (clean) 8,300-9,000, Gram - 2,600-2,800, Gram Super best bold - 3,600-3,900 for 100 kg. * Wheat, other varieties of rice and other commodities remained steady in open market in thin trading activity, according to sources. Nagpur foodgrains APMC auction/openmarket prices in rupees for 100 kg FOODGRAINS prices Previous close Gram Auction
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Available 2,400-2,900
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2,400-2,790 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction n.a. 3,950-4,200 Moong Auction n.a. 5,200-5,500 Udid Auction n.a. 4,3004,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 3,8004,200 3,850-4,200 Gram Super Best n.a. Gram Medium Best 3,600-3,750 3,650-3,800 Gram Dal Medium n.a. n.a. Gram Mill Quality 3,450-3,550 3,450-3,550 Desi gram Raw 2,850-2,900 2,850-2,900 Gram Filter new 3,200-3,600 3,200-3,600 Gram Kabuli 8,500-9,800 8,500-9,800 Gram Pink 7,200-7,400 7,200-7,400 Tuar Fataka Best 7,300-7,500 7,300-7,500 Tuar Fataka Medium 7,050-7,150 7,050-7,150 Tuar Dal Best Phod 7,150-7,250 7,150-7,250 Tuar Dal Medium phod 6,8507,050 6,850-7,050 Tuar Gavarani 5,200-5,300 5,150-5,250 Tuar Karnataka 5,550-5,650 5,500-5,600 Tuar Black 8,300-8,600 8,300-8,600 Masoor dal best 6,700-6,800 6,700-6,800 Masoor dal medium 6,500-6,600 6,500-6,600
Masoor n.a. n.a. Moong Mogar bold 9,500-9,800 9,500-9,800 Moong Mogar Medium best 8,5009,000 8,500-9,000 Moong dal super best 8,000-8,400 8,000-8,400 Moong dal Chilka 7,600-7,900 7,600-7,900 Moong Mill quality n.a. n.a. Moong Chamki best 7,500-8,800 7,500-8,800 Udid Mogar Super best (100 INR/KG) 8,000-8,500 8,000-8,500 Udid Mogar Medium (100 INR/KG) 7,000-7,500 7,000-7,500 Udid Dal Black (100 INR/KG) 6,300-6,800 6,300-6,800 Batri dal (100 INR/KG) 4,200-4,800 4,200-4,800 Lakhodi dal (100 INR/kg) 2,9003,100 2,900-3,100 Watana Dal (100 INR/KG) 3,2503,400 3,250-3,400 Watana White (100 INR/KG) 3,3003,400 3,300-3,400 Watana Green Best (100 INR/KG) 4,500-5,200 4,500-5,200 Wheat 308 (100 INR/KG) 1,2001,500 1,200-1,500 Wheat Mill quality(100 INR/KG) 1,650-1,700 1,650-1,700 Wheat Filter (100 INR/KG) 1,2001,400 1,200-1,400 Wheat Lokwan best (100 INR/KG) 2,100-2,350 2,100-2,350 Wheat Lokwan medium (100 INR/KG) 1,800-2,000 1,800-2,000 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 2,8003,200 2,800-3,200 MP Sharbati Medium (100 INR/KG) 1,950-2,350 1,950-2,350
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Wheat 147 (100 INR/KG) 1,300 1,200-1,300 Wheat Best (100 INR/KG) 1,800 1,500-1,800 Rice BPT new (100 INR/KG) 3,500 3,000-3,500 Rice Parmal (100 INR/KG) 1,900 1,700-1,900 Rice Swarna new (100 2,300-2,700 2,300-2,600 Rice HMT new (100 4,000-4,500 4,000-4,400 Rice HMT Shriram (100 4,800-5,800 4,800-5,800 Rice Basmati best (100 10,200-13,300 10,200-13,300 Rice Basmati Medium (100 7,200-9,800 7,200-9,800 Rice Chinnor (100 INR/KG) 5,700 5,200-5,700 Jowar Gavarani (100 1,300-1,500 1,400-1,600 Jowar CH-5 (100 INR/KG) 1,800 1,700-1,800
1,200-
31 October 2014
1,5003,0001,700INR/KG) INR/KG) INR/KG) INR/KG) INR/KG) 5,200INR/KG) 1,700-
WEATHER (NAGPUR) Maximum temp. 33.6 degree Celsius (92.5 degree Fahrenheit), minimum temp. 17.1 degree Celsius (62.8 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : n.a. FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 and 17 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
Bumper 2014 Paddy, Maize Production Expected for Pakistan
PAKISTAN - Harvesting of the 2014 “kharif” season crops, including rice and maize, is currently underway and will continue until early December.Overall, rainfall between June and August has been generally favourable over the main cereal producing areas benefiting crop development.However, heavy monsoon rains during the first dekad of September caused the main eastern rivers of Pakistan (Chenab, Jehlum, Sutlei and Ravi) to overflow, resulting in floods and landslides in eastern parts Punjab, Gilgit Baltistan and Azad Jammu and Kashmir (AJK) provinces. In spite of the severe localized crop losses, the overall damage to the 2014 paddy crop is expected to be minimal.As a result, the recently released official forecast puts this year’s paddy production at 10.1 million tonnes, just 1 per cent lower than the 2013 bumper level and 11 per cent above the previous five-year average.Similarly, FAO’s latest forecast puts the 2014 maize crop (including the spring and “kharif” seasons) at 4.5 million tonnes, marginally below last year’s record output.Planting of the 2015, mostly irrigated, “rabi” (winter) wheat crop is currently underway.The abundant rains in
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of September caused the main eastern rivers of Pakistan (Chenab, Jehlum, Sutlei and Ravi) to overflow, resulting in floods and landslides in eastern parts Punjab, Gilgit Baltistan and Azad Jammu and Kashmir (AJK) provinces. In spite of the severe localized crop losses, the overall damage to anticipated higher yields, as a result of increased the 2014 paddy crop is expected to be use of improved seed varieties.- See minimal. As a result, the recently released official forecast puts this year’s paddy Reference Date: 29-October-2014 production at 10.1 million tonnes, just FOOD SECURITY SNAPSHOT 1 percent lower than the 2013 bumper level Bumper 2014 paddy and maize production expected and 11 percent above the previous five-year Lower wheat imports in 2014/15 marketing year (May/April) average.Similarly, FAO’s latest forecast puts Prices of wheat and wheat flour generally stable or decreased slightly in late October the 2014 maize crop (including the spring Overall food security conditions stable but localized food insecurity and “kharif” seasons) at 4.5 million tonnes, persists marginally below last year’s record output.Planting of the 2015, mostly Bumper 2014 paddy and maize irrigated, “rabi” (winter) wheat crop is production expected currently underway. The abundant rains in September improved water availability for irrigation and are expected to benefit this season’s crop. The official target for the 2015 wheat crop is set at 26 million tonnes, 3 percent up from the 2014 bumper level. The projected increase is due to anticipated higher yields, as a result of increased use of improved seed varieties. September improved water availability for irrigation and are expected to benefit this season’s crop.The official target for the 2015 wheat crop is set at 26 million tonnes, 3 per cent up from the 2014 bumper level.The projected increase is due to
Lower wheat imports in marketing year (May/April)
Harvesting of the 2014 “kharif” season crops, including rice and maize, is currently underway and will continue until early December. Overall, rainfall between June and August has been generally favourable over the main cereal producing areas benefiting crop development. However, heavy monsoon rains during the first dekad
2014/15
Reflecting the record 2014 wheat production, wheat imports for the 2014/15 marketing year (May/April) are forecast to decrease from the high level of the previous year to 500 000 tonnes, which is still considerably above the previous five-year average. Pakistan is the world’s fifth-largest rice exporter. The 2015 rice exports are forecast at 3.5 million tonnes, some 6 percent higher than the above-average level of the year before, based on the anticipated 2014 good rice production.
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Prices of wheat and wheat flour generally stable or decreased slightly in late October
Prices of wheat and wheat flour remained unchanged or decreased slightly in late October and were below their levels at the same time last year in most markets, reflecting ample domestic availabilities from the 2014 record harvest, completed earlier in the year. In September 2014 the national CPI was up 7.7 percent relative to the same period last year. Compared to last year, the food component of the CPI increased by 7.2 percent, while the non-food component rose by 8 percent. Overall food security conditions stable but concerns remain for the floodaffected population Overall, food supply conditions are stable following consecutive years of relatively good harvests and adequate levels of imports. However, recurrent floods over the last five years have exacerbated the food security situation of the affected population. The latest official assessmnets, as of 15 October 2014, indicate that the floods last September caused the loss of hundreds of lives, displaced at least 500 000 people and adversely affected approximately more than 2.5 million. Severe damage to housing,
infrastructure and agriculture is also reported. In Tharparkar district (southeastern part of Sindh Province), food insecurity has aggravated since early 2014 due to cereal production shortfalls as a result of poor rains for the second successive season, coupled with loss of small animals, mostly sheep and goats, following a viral disease outbreak.
Egypt: Gov't to Buy Rice From Farmers At 2,050 Per Ton President Abdel Fattah El Sisi approved on Thursday purchasing rice from farmers at EGP 2, 050 per ton, said Presidency Spokesman Alaa Yousef.During a meeting with Agriculture Minister Adel el-Beltagi, the president approved providing direct financial support to cotton farmers at EGP 1,400 per feddans.The meeting also touched on the national strategy for fisheries development until 2030.
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DAILY EXCLUSIVE ORYZA E-NEWSLETTER it's just a wonderful opportunity to tell our story."
Yellow Rails and Rice Festival-A Festival Like No Other
Bird Rice's most mysterious fan
Yellow Rails and Rice Festival Follow that bird! THORNWELL, LA - Nearly 150 bird enthusiasts from 24 states, Canada, and Australia gathered here this week for the sixth annual Yellow Rails and Rice Festival (YR&RF) that has become a conservation highlight for the rice industry. Thornwell, officially known as the "Yellow Rail Capital of the World," is located in the heart of southwest Louisiana's rice country, and the festival brings birders together with rice farmers to showcase the role of Louisiana's working wetlands in bird conservation, while providing participants a unique venue to view the elusive Yellow Rail. USA Rice Federation joined 46 other organizations in support of the event, including the Louisiana Rice Growers Association, and Hoppe Farms that provided gift bags of Louisiana-grown rice to festival participants. "The Yellow Rails and Rice Festival provides a great example of the environmental and conservation role our industry plays in providing critical wildlife habitat, as does our unique partnership with Ducks Unlimited," said festival co-founder and Chairman of the Louisiana Rice Promotion Board Kevin Berken. "For the birding community to come out and see firsthand how these birds thrive with our help,
Many species of birds, mammals, amphibians, and reptiles take advantage of the wetland habitat created by rice farmers, making rice a unique agricultural crop. Winter-flooded rice fields lying along critical flyways provide food and cover resources that are vital resting and foraging habitat for migratory and wintering waterfowl.It is this relationship that is the cornerstone of the rice industry's Regional Conservation Partnership Program application that has been submitted to the Natural Resources Conservation Service along with Ducks Unlimited.
"The festival provides a unique experience that enables birders to appreciate the close relationship of Louisiana rice farming and wildlife habitat," said Steve Arena, a birder from Boston, MA who made the trip for the second year in a row. "The pure enjoyment of observing these secretive marsh birds and the educational benefits of rice and its production make this a festival like no other." Contact: Randy Jemison (337) 738-7009
USA Rice and Ducks Unlimited Attend National FFA Convention Ducks Unlimited
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October 31, 2014
DAILY EXCLUSIVE ORYZA E-NEWSLETTER More state rice sets sail Officials step up deals with foreign countries
Published: 31 Oct 2014 at 06.00 Newspaper section: Business Writer: Phusadee Arunmas
An informative duck stand LOUISVILLE, KY-- USA Rice joined Ducks Unlimited this past week at the FFA (Future Farmers of America) National Convention & Expo to explain the relationship between rice and ducks to the more than 60,000 high school students in attendance. The interactive Ducks Unlimited booth was a popular destination, and staff from both organizations used the opportunity to explain why "what's good for rice is good for ducks."USA Rice also promoted social media and the USA Rice Daily as a means for FFA members to stay informed about what is going on in the rice industry, such as the groundbreaking conservation partnership between the rice industry and Ducks Unlimited. "It was great to see how excited the students were about conservation and the work USA Rice is doing with Ducks Unlimited," said Lydia Holmes who attended on behalf of USA Rice. "We have a lot to look forward to from the next generation of rice farmers who will be picking up the conservation torch and carrying it even further."
Contact: Colleen Klemczewski (703) 236-1446
The government expects to deliver between 900,000 and 1 million tonnes from rice stocks by year-end through government-togovernment (G-to-G) contracts. A rice farmer inspects his crop. The National Rice Policy Committee chaired by Prime Minister Prayut Chan-o-cha will officially endorse the results of a nationwide rice audit by Nov 10. KRIT PROMSAKA NA SAKOLNAKORN Duangporn Rodphaya, director-general of the Foreign Trade Department, said the Thai government had so far shipped more than 700,000 tonnes through G-to-G deals to China, Indonesia and the Philippines.Talks to sell more rice from state stocks are also under way with several countries in Africa and the Middle East. Commerce Minister Chatchai Sarikulya yesterday said the government was likely to sign more G-to-G rice deals with the Philippines, Malaysia and Indonesia in the coming months.Thai officials are also working with agricultural conglomerate Charoen Pokphand Group to tap Bahrain's rice market.Gen Chatchai said Thailand expected to sell more than 1 million tonnes of additional rice through a G-to-G deal with
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China if Deputy Prime Minister and Defence Minister Prawit Wongsuwon, now on a trip to Beijing, could persuade the Chinese to buy more rice. The new rice deal with China has nothing to do with an earlier deal for 1 million tonnes agreed under the previous government.Thailand has delivered 300,000 tonnes as part of the earlier deal, with 700,000 tonnes yet to follow.Gen Chatchai said the Asia-Pacific Economic Cooperation Summit in Beijing, beginning on Nov 7, would offer an opportunity to ask his Chinese counterpart about increasing rice shipments under the deal to 300,000 tonnes a month from the current 100,000 tonnes. He insisted the Thai government had no policy of using rice as barter with China in exchange for high-speed train development.Gen Chatchai said the National Rice Policy Committee chaired by Prime Minister Prayut Chan-o-cha would officially endorse the results of a nationwide rice audit by Nov 10.The state's rice stocks have been found to be in a poor state, with as much as 90% classified as substandard under the audit led by ML Panadda Diskul, permanent secretary for the Prime Minister's Office. The audit report said only 10% of 18 million tonnes of rice was of good quality.It said 70% of the rice was tainted with a yellow colour, while the rest was in a bad condition, inedible and only fit for ethanol production.The inspection also revealed 100,000 tonnes of rice was missing.A Commerce Ministry source said the figure of 100,000 tonnes gone missing was insignificant compared with the 3 million tonnes reported missing in June 2013 by former deputy finance permanent secretary Supa Piyajitti, who chaired a subcommittee overseeing the
accounts of the failed rice-pledging scheme. The discrepancy points to fraud in the pledging scheme. During the inspection process, it is likely that goodquality rice pledged under the rice scheme was replaced with old, low-quality stock, the source said.Losses from the scheme could reach 700 billion baht if the government fails to dispose of its stocks within five years, the source said.
Germany offers support in renewable energy: envoy Staff Report October 31, 2014
LAHORE: Pakistan can cope challenges of soaring energy needs by using renewable energy sources, Dr Cyrill Jean Nunn Ambassador of Germany to Pakistan said.Being world leader in this sector, Germany could extend cooperation to Pakistan in bridging demand and supply gap.Talking to members of Lahore Chamber of Commerce
and Industry (LCCI) He urged the private sector of Pakistan to take full advantage of the Generalised System of preferences (GSP) plus status facility granted
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by the European Union (EU). He said tourism sector of Pakistan has a lot of potential and it should be promoted through joint ventures.
He said German government was fully committed to the rapid expansion of renewable energies and has created enabling environment for investment in renewable energy sector.Ambassador said concerted efforts were being made to take the two-way trade volume to new heights and in coming days the situation would take a positive turn.Ijaz Mumtaz President LCCI said we were envisaging greater business-to-business contacts, greater foreign investment, bilateral university exchanges and cooperation in research and development. Pakistani business community appreciated German advocacy for Pakistan’s case within EU, which has given Pakistan-specific Autonomous Trade Preferences (ATPs).He appreciated the setting up of Pakistan German Renewable Energy Forum for combating the energy deficit in Pakistan. Mumtaz said over the past five decades, Germany has carried out a multitude of projects in Pakistan with a volume of more than 21 billion euros.This includes investing in economic projects, alternate energy solutions, and opportunities for students and public-private partnership under GIZ (German Technical Cooperation) for vocational trainings.Due to presence of some leading German companies in Pakistan it is expected scope for small and medium-sized enterprises to grow further.
technology, textiles and agriculture and service sector. Pakistani industrialist can avail opportunity to increase their trade and bilateral relations with Germany with the help of exhibitions and trade fairs.Pakistan’s agricultural contribution in Gross Domestic Products is 21 percent whereas that of Germany is only 0.8 percent. Increasing the exports of agricultural products to Germany from Pakistan can be definitely considered. Pakistani rice, wheat, mango, oil seeds, nut and kernel and kinnow are famous worldwide for their taste and quality. He said trade between both the countries need to improve. Pakistan’s exports to Germany in 2013 were $1080.984 million. Pakistan’s imports from Germany in 2013 were $1433.631 million and our percentage in total exports of Germany in 2013 was 4.0 percent. Pakistan’s percentage in total imports of Germany in 2013 was 3.5 percent. There is larger potential than this for trade between both the countries.Cotton is an important raw material for export. Finished textile, bed-wear and towels are some of our quality exports as well. Pakistan can export quality surgical instruments, sports goods, carpets and chemicals.He said Pakistan is excelling in the field of education. Collaboration with German educational institutions will be a step ahead.
Rice importers pay N23.1bn duty in nine months OCTOBER 31, 2014 BY IFE ADEDAPO 0 COMMENTS
Promising areas for investment are included power, renewable energy, information
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Rice importers in the country paid about N23.1bn as duty on the produce in the first nine months of the year.Statistics obtained by our correspondent from the Tin Can Island Customs office showed that N7.92bn was paid on rice imports at seaports in the same period of 2013, thus showing an increase of N15.21bn or 191 per cent this year.The tax levy paid between January and September of 2014 was highest at the Apapa Port with N14.3bn; followed by Port Harcourt Area I, N7.30bn; while the lowest duty proceeds of N316,336 was collected at the Port and Terminal Multi-Service Limited’s Customs office.The Tin Can Island Port made N886.65m and the Port Harcourt Onne Port collected N583.6m as duty on rice in in the first three quarters of the year.
Within the same period, the Lilypond Port Terminal collected N37.7m; Oil and Gas Terminal, N11.03m; Kirikiri Lighter Terminal, N10.87m; and PTMI Customs office, N316,336.At the Apapa Port, the revenue from rice imports reached a peak of N4.56bn in September compared with N4.16bn made in August this year. In September 2013, N7.13m was realised.No tax revenue was made at the Apapa Port in January and February, 2014, while a similar situation was observed in Port Harcourt Area I between January and April as well as in June.Similarly, in the months of January, March and May, the Port Harcourt Onne Port realised zero revenue from rice imports, while the lowest amount of N14,999 was made in Tin Can Island Port in January compared with the other months.The low
revenue collection was attributed to the stalling of cargo clearance as a result of the 110 per cent rice import levy imposed in the early part of the year. Copyright PUNCH. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: editor@punchng.com
In flood hit Kashmir, traders to import woolen clothing, matting, rice from PaK MUKEET AKMALI
Srin agar , Oct 30: In the wak e of rece nt floods, the Kashmiri traders associated with LoC trade have decided to import woolen clothing, matting and rice from PaK, which according to them would be affordable for the flood-hit people in the Valley. The cross LoC trade which remained suspended for two weeks following the devastating floods in Kashmir was resumed three weeks ago.However, according to the traders right
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now there won’t be any demand here for the products like dry fruit and spices which “we mostly imported through this trade in the pre-floods. ”They added: “We have now placed orders for woolen items, matting, rice, basmati and pulses as they are comparatively cheaper and could get a good market during winter months here,” they said.Talking to Greater Kashmir, Secretary Salamabad- Chakoti Traders’ Association, Hilal Turki said: “We have urged our brethren (traders across the LoC) to send us woolen clothing, rice, basmati, matting and pulses as winter is approaching and these items are much sought-after goods in the flood-affected Kashmir,” Turki said. He said that Kashmir has these days huge demand for matting items as most of the houses which remained submerged during floods lost their furnishing. “So to meet the requirement we will be importing matting from PaK as it is cheaper as compared to other matting products imported from different parts of India,” he said, adding that earlier they used to import PaK matting which had a good demand here, besides cross LoC trade is tax free which further reduces its MRP in the market. Turki said that shortage of rice felt during floods in Kashmir could have been easily overcome had government of India and Pakistan worked together for upgrading the cross Loc trade.“We have already asked for rice and pulses for PaK,” he said, adding that goods would soon be available in the market. “If the need arises we could easily import onion and potato from PaK as our local production has been destroyed by flood. ”Turki said had the governments of both
countries, India and Pakistan, been “sincere” the Kashmir fruits particularly the apple could have been easily exported through LoC routes during eventualities like recent floods when the Srinagar- Jammu highway remained closed.“But unfortunately as it is still a barter trade, the fruit growers shy away from exporting their fruit to PaK,” he said, adding that due to lack of communication and banking facilities this trade has become a mere “symbolic gesture” between India and Pakistan. As per the traders the number of traders associated with this trade is shrinking. “In 2008 when the cross LoC trade was started, as many as 600 traders were involved in it, but now the number has reduced to mere 60,” they said.At present 21 items are being traded between two parts of Kashmir. The trade is being conducted via SalamabadChakoti and Chakandabagh-Rawalakote routes.Meanwhile, cross LoC traders are hopeful that this time the trade should not suffer because of escalating tension on LoC and international border between India and Pakistan. “We hope that the two countries won’t let this trade to be impacted by the LoC bickering,” they said.In the past, on many occasions, trade across LoC was suspended due to tension between two countries. In January, trade came to a standstill after a truck driver from the Pakistan side of Kashmir was arrested on charge of carrying banned substance. About 48 trucks were stranded on the Indian side while 27 Indian trucks were held back, as Pakistan demanded the driver be handed over to them so that the case could be investigated there. It was argued that the driver could not be arrested given the terms of the trade and the fact that he enjoyed “diplomatic immunity”. Trade had resumed over a month later.The
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cross-LoC trade began in 2008 through Salamabad in Uri and Chakan-da-Bagh in Poonch district with two trade facilitation centres.
Smuggling raps filed vs. rice importer, brokers October 31, 2014 3:40pm
Rejuso, the BOC said.They were all charged with violation of Section 3601 of the Tariff and Customs Code of the Philippines and Section 29 of Presidential Decree No. 4, as amended by PD No. 1485.PD N0. 4 states that only the National Food Authority can import rice and that private entities that wish to do the same must first secure a permit from the agency.
Tags: Bureau of Customs The government has filed smuggling-related charges against six officials of Intercontinental Grains International Trading, one of the biggest rice importers in 2013, and two brokers.The importer and brokers were accused of conniving to illegally import rice worth around P217 million from September to October 2013, the Bureau of Customs (BOC) said in a statement.Two separate complaints were filed by BOC acting district collectors Mario Mendoza of the Port of Manila and Elmir Dela Cruz of the Manila International Container Port against six officials of Intercontinental Grains namely:
Section 3601 of the TCCP, meanwhile, prohibits any importation that does not comply with the necessary regulations.According to the BOC, the Intercontinental Grains International Trading shipped 4,750 metric tons of rice through the Manila International Container Port and another 675 metric tons via the Port of Manila. Both shipments came from Thailand.
-Edgar Salvador, proprietor;-Reginald Sihiyon, president and chairman;-Ruperto Guilaran, corporate secretary and director;-
Based on NFA records, the company was only allowed to import a total of 1,565 metric tons in 2013.The NFA also found out that none of the importd rice shipments were covered by any import permit, nor were there any documents filed with the government agency."The fact that Intercontinental Grains did not bother to file a permit with the NFA and ognored the
Zarian Lanzar, treasurer and director;-Emma Dequilla, board member; and -Apolonio Magno, board member.
quota it was allotted signifies bad faith and a gross disregard for our laws," said Customs Commissioner John Sevilla.
harges were also filed against customs brokers Baltazar Ramirez and Ailene Riceplus Magazine wwww.ricepluss.com mujahid.riceplus@gmail.com Cell: +92 321 369 2874
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"These import volumes are regulated to ensure fair trade and an even playing field for our local rice industry, which firms like Intercontinental Grains ignored to the detriment of our farmers," he added.Intercontinental Grains, along with Bold Bidder Marketing, Silver Royalty Marketing, Starcraft International Trading Corp, and Medaglia De Oro Trading, cornered a combined 75 percent of the 200,00 metric tons of rice that entered various ports in the Philippines without the required import permit from the NFA in 2013, the BOC said. —Mark Merueùas and Danessa Rivera/KBK, GMA News
Tags: Bureau of Customs
Raise rice import duty issue with Iran: Haryana to Sitharaman Press Trust of India | Chandigarh October 30, 2014 Last Updated at 19:32 IST Fearing import duty raised by Iran on rice imported fromIndia could hit state's basmati growers, the Haryanagovernment today said he has written a letter to Union Commerce Minister Nirmala Sitharaman to take up the issue with that country. Expressing concern over "low" prices of premium rice varieties, Haryana Agriculture minister O P Dhankar
today held meeting with rice exporters, asking them to be "transparent" in giving prices to basmati growers. He said that basmati growers should get remunerative prices for their crops.
"There is an impact of international market on basmati prices here (in India). Iran, which is the biggest importer of basmati rice from India, has raised import duty on Indian rice to 45 per cent which could prove to be serious trouble for basmati growers of Haryana," Dhankar told PTI today. "I have written to our Commerce Minister Nirmala Sitharaman to raise the issue of import duty with Iran and get it resolved," he said. Haryana and Punjab contribute about 70 per cent of country's basmati production. Basmati prices like PUSA 1121 are currently ruling at Rs 2,800 per quintal as against 4,000-4,500 per quintal last season.
Dhankar, an MLA from Badli assembly constituency in Haryana, said that a team has been formed to compare the basmati prices prevailing in India and in other countries to see the difference in rates. Pointing out another reason in drop in prices, Dhankar said that this season area under basmati had gone up considerably. Worried over low prices, Dhankar today held meeting with rice exporters and asked them not to exploit rice growers by paying less prices for their crop. "I have told rice exporters that the Haryana government and Centre are alert and will not allow any kind of exploitation
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of basmati growers," he said. Dhankar also visited grain markets and took note of prices being paid to farmers.
Research and Markets: Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth October 30, 2014 DUBLIN — Research and Markets(http://www.researchandmarkets.co m/research/ddxgj7/vietnam_seed) has announced the addition of the "Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth" report to their offering. The report titled Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth provides a comprehensive analysis of the seed market in Vietnam such as market size of major crop seeds, market segmentation on the basis of hybrid and non hybrid seeds, by types of seeds (Rice, Corn and Other seeds) and by formal and informal market structure. The publication discusses several parameters related to acreage, seed demand and replacement rate, price trends and hybridization rate in the country. The report also entails recent trends and developments, SWOT analysis, market share of major players in rice and corn seed market in Vietnam and future outlook and projections by hybrid and non hybrid seeds and by types of seeds in the country. Key Topics Covered:
1. Vietnam Seed Industry Introduction 2. Vietnam Seed Industry Value Chain 3. Vietnam Seed Market Size, 2008-2013 4. Vietnam Seed Market Segmentation, 2008-2013 5. Import of Major Seeds in Vietnam 6. Vietnam Rice Seed Industry Introduction 7. Vietnam Corn Seed Industry Introduction 8. Trends and Developments in Vietnam Seeds Industry 9. SWOT Analysis of Vietnam Seed Industry 10. Government Policies and Regulations in Vietnam Seed Industry 11. Major Research and Development Institutes for Seed Production in Vietnam 12. Competitive Landscape of Major Players in Vietnam Seed Industry 13. Vietnam Seed Industry Future Outlook and Projections, 2014-2018 14. Macroeconomic Factors of Vietnam Seed Industry 15. Appendix Companies Mentioned - An Giang Plant Protection Joint Stock Company - Bao Tam company limited - Bioseed and SSC - CP Seeds - Maize research institute - Monsanto - NSC - Phuong Quan company limited - Syngenta - Vinaseed For more information visit http://www.researchandmarkets.com/re search/ddxgj7/vietnam_seed
Rwanda: Rab Launches New Initiative to Enhance Rice Production
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By Michel Nkurunziza
A new initiative that seeks to increase rice production, ensure quality along the value chain; and ease access to agro-inputs has been unveiled by Rwanda Agriculture Board (Rab).Chantal Ingabire, the in-charge of research and rice farmers welfare at Rab, said the Rice Sector Development Hub will bring together stakeholders, including farmers, dealers, private sector and researchers to share information and look for ways on how to improve production, quality and help farmers get quality seeds and market. Rice is one of the main staple foods in Rwanda and has been identified as a priority crop by government.The crop is grown in many parts of the country by farmers in cooperatives and individuals on both commercial and subsistence basis.Ingabire also said efforts are underway to increase acreage under rice from 15,000 hectares to 65,000 hectares by 2018 to ensure the country becomes a net rice producer. "Rab will help farmers access quality seeds, fertilisers and pesticides. We will also train farmers in post-harvest handling to reduce the incidence of broken rice; and support them to get irrigation equipment," she
added.Innocent Musabyimana, the Ministry of Agriculture permanent secretary, said last week the new centre will help farmers access improved seeds and market. Statistics indicate that the average yield per hectare is at 5.5 tonnes of rice currently. Rwanda produces about 55,000 tonnes of milled rice per season, which is two thirds of the present market demand. the country imported over 126,931 tonnes of rice between 2011 and June 2013. Meanwhile, farmers who talked to The New Times say they still face a lot of challenges despite earlier Rab interventions, especially accessing water for irrigation and improved seeds. They also complain of poor prices. Ignace Gahutu from Korika Co-operative in Jabana sector, Gasabo District, said the group sells the cereal in Rwamagana District at Rwf245 per kilogramme (of unprocessed rice). Processed rice costs Rwf700 a kilo, which farmers say is too low considering the time and money invested in.Farmers in Rusizi sector sell a kilo of unprocessed rice at Rwf235, according to Kampire Rusiya from Imbanzabigwi Co-operative. business@newtimes.co.rw
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