5th october,2017 daily global regional local rice e newsletter

Daily Rice E-Newsletter

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October 05,2017 Vol X ,Issuu 9

Bengal paddy output seen higher; prices firm on exports In a first, India to export rice to Bangladesh as neighbouring country hit by shortfall Government set to launch market operation on medium quality rice UofA to Host Ag Policy and Market Webinar on October 5 Early harvest brings festivity to North after flood gloom Global rice conference promotes low-carbon climate-smart rice Global Long-Grain Rice Seeds Market 2017: Nuziveedu Seeds, Kaveri, Krishidhan, Rasi Seeds, JK Seeds, Syngenta Research expo provides undergrads with unique opportinites Rice Seed Sales Market Research 2017: Currently Trending Market Strategies with High Production Ratio and Application Usages by 2022 Iraq’s state grain buyer is seeking 30,000 tonnes of rice of any origin Market fee hike: Millers not to purchase basmati for 2 days Basmati paddy price firms up on lower harvest, steady demand Pakistan needs $40 billion to reduce sensitivity to climate change threats: ADB FG: Price of Rice will Fall Within One Month FEC approves N26bn to pay off MDAs’ debts to Discos Rice will to sell for N6,000 per bag – Farmers assure Nagpur Foodgrain Prices Open- October 4, 2017 Rice Webinar: Thursday, October 5 National Rice Month Scholarship Contest - Flex Your Creative Muscles!

Can Tho exports rice to Iran for the first time Nigeria: Govt Investigates Export of Poor Quality Yam to U.S. 200,000 farmers from 29 states benefit from CBN’s N43.92 billion programme – Spokesperson Government set to launch market operation on medium quality rice Nigerians to buy 50kg bag of rice N6, 000 soon Uttarakhand: PDS scam worth 600 cr leads to dismissal of regional food controller FEC okays N30b to settle MDAs light bill Chinese hybrid rice experts visit over 100 rice farms Rice to sell at N6,000 per bag soon –Farmers Zim evaluates rice production

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News Detail...

Bengal paddy output seen higher; prices firm on exports SHOBHA ROY

KOLKATA, OCTOBER 4:

Heavy rains notwithstanding in several paddy producing districts of West Bengal, production is expected to be better than last year.Heavy showers had flushed away paddy seeds from most of the agricultural land in south Bengal districts of Burdwan, Hooghly, Nadia, Purulia, east Midnapore and west Midnapore. The districts of Cooch Behar, Jalpaiguri, Uttar Dinajpur and Malda in north Bengal too were amongst the worst affected.

According to a senior official of the State Agriculture Department, cultivation of ‗aman‘ – the second crop of the kharif season usually sown in June or July and harvested in winter – was affected to some extent.―The seeds were washed away due to heavy rains. Fresh supplies were given by the State covering the entire 42 lakh hectares of land under aman cultivation. The production is likely to be better this year,‖ the official told BusinessLine.

West Bengal produces about 15-16 million tonnes of paddy each year across the three seasons; that include aus, aman and boro.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com The kharif paddy (aus and aman) output accounts for about 70 per cent of the total production in the State. Heavy rains during the aman season often results in good boro or winter crop. ―Though there could be some marginal impact on the crop in the districts of north Bengal, the crop standing in south Bengal looks good. In fact, production across south Bengal should be better than last year,‖ said Pranab Chatterjee, professor at Bidhan Chandra Krishi Viswavidyalaya.

Prices gain Despite anticipation of a good produce, the price of rice has been ruling high both at the miller‘s end as well at the retail level.

According to Manoj Kumar Modi, owner of a rice mill in Kolkata, price of the ‗swarna‘ variety has increased by ₹4-5 a kg to ₹27-28 a kg. The ‗ratna‘ variant has seen an approximate 10 per cent increase – by ₹2-3 a kg – to ₹29-30 a kg.

In the retail market, prices are ruling higher by about ₹2-4 a kg for both these varieties.

Millers attribute this (rise in prices) to a surge in exports of rice to Bangladesh. It is estimated that nearly five-to-six lakh tonnes of rice has been exported to Bangladesh in the last one-to-two months. ―Till last year there was hardly any demand from Bangladesh; but this year a lot of rice has been moving there which has pushed up the prices in domestic market,‖ Debnath Mondal, chairman of Bengal Rice Mills Association said.

(This article was published on October 4, 2017)

http://www.thehindubusinessline.com/economy/agri-business/bengal-paddy-output-seenhigher-prices-firm-on-exports/article9887425.ece

In a first, India to export rice to Bangladesh as neighbouring country hit by shortfall In a first of its kind arrangement between India and Bangladesh in recent years, India would be exporting around 5 lakh tonne of parboiled rice to Bangladesh for meeting its domestic demand and creating a buffer stock.

By: Sandip Das | New Delhi | Published: October 4, 2017 3:02 AM

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At present, Bangladesh is facing a shortfall of 1.5 million tonne (mt) of rice this year due to crop losses by heavy flooding in the recent months.

In a first of its kind arrangement between India and Bangladesh in recent years, India would be exporting around 5 lakh tonne of parboiled rice to Bangladesh for meeting its domestic demand and creating a buffer stock.

Sources told FE that the India government has authorised agri cooperative Nafed to export rice to Bangladesh. At present, Bangladesh is facing a shortfall of 1.5 million tonne (mt) of rice this year due to crop losses by heavy flooding in the recent months.

Bangladesh‘s ministry of food has called a meeting on October 15 to decide on the prices and time-frame for supply of rice from India. As the rice exports would be carried on a G2G (government-to-government) basis, there would not be any tender for rice exports from India.

Around 1.5 lakh tonne of rice has been already exported to Bangladesh by private trade this fiscal year.

Nafed is expected to source parboiled rice from eastern states such as Chhattisgarh, Bengal and Odisha for exports to Bangladesh as the region has similar food habits.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Meanwhile, in a bid to boost domestic rice supply, Bangladesh has cut import duty on rice twice in last couple of months. Recently, the import duty was slashed to 2% from existing 10%. In June, the import duty was slashed to 10% from 25%.

Earlier this year, the Bangladesh government had set a rice production target of 19.1 mt, but floods in the northeastern region have damaged around 2 mt rice. ―One thing needs to be clear that the decision to import doesn‘t mean that there‘s a crisis. The stock in government warehouses as well as the supply in market is ample,‖ Bangladesh food minister Qamrul Islam said recently.

Currently, the price of common variety of rice in Bangladesh is around taka 50 ($0.62), which is an increase of more than 78% from 28 taka a kg prevailed about four month ago.

Around 75% of requirement in Bangladesh is of parboiled rice while the rest is of white rice However, India‘s domestic rice prices are expected to be soften as kharif paddy for 2017-18 crop year (July-June) has started to arrive in the market. India produced a record 110 mt rice in crop year (2016-17) while in the current year, the output could decline marginally because of patchy monsoon rains in some of the key growing areas. India is the world‘s largest exporter of rice with annual shipment of more than 10 mt for last couple of years.

Trade sources said that India is well-placed to supply rice, because of physical proximity to Bangladesh compared to Vietnam, Thailand and Cambodia. The cargo consignment from India can reach Bangladesh within a day via land, or 3-4 days via the sea. http://www.financialexpress.com/market/commodities/in-a-first-india-to-export-rice-tobangladesh-as-neighbouring-country-hit-by-shortfall/881312/

Government set to launch market operation on medium quality rice Jakarta (ANTARA News) - The government has prepared to launch market operation on medium quality rice following the declining supply of the commodity, especially in Cipinang Wholesale Rice Market.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.

"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.

According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.

"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.

Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.

Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.

Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 thousand per kilogram for premium quality rice.

The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.

"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.

Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.

Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.

"Definition for medium and premium quality rice is different from the previous ones. Previously, 6

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.

The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.

However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*)

http://www.antaranews.com/en/news/112925/government-set-to-launch-market-operationon-medium-quality-rice

UofA to Host Ag Policy and Market Webinar on October 5 The University of Arkansas System‘s Division of Agriculture will host a webinar on October 5th at 3:00pm to discuss ag policy and market outlook for U.S. agriculture. The meeting will be led

by Dr. Bobby Coats and will feature Pat Westoff from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri. Westhoff will report on the latest FAPRI market projections and discuss some of the factors that will drive markets in the months and years ahead. He‘ll also talk about recent policy developments and the next farm bill debate, and will try to give an idea of what could happen and what it might mean.

Details below: New Webinar: The Agricultural Policy and Market Outlook: What now? (60 minutes) Date and Time: Thursday, October 5, 2017 3:00 PM in Central Time (US and Canada) Connect with Computer, IPad or Smartphone by Internet or Dial-in and Listen by Phone Host: Bobby Coats, Professor in the Department of Agricultural Economics and Agribusiness, University of Arkansas System, Division of Agriculture, Cooperative Extension Service. Email:recoats@uark.edu Producer: Mary Poling, Coordinator for Interactive Communications, University of Arkansas System Division of Ag, Cooperative Extension Service, E-mail: mpoling@uaex.edu Topic: The Agricultural Policy and Market Outlook: What now?

Presenter: Pat Westhoff and his colleagues at the Food and Agricultural Policy Research Institute (FAPRI) try to make sense of agricultural markets and policies. Patrick Westhoff is the director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri–Columbia and a professor in the MU department of agricultural and applied economics.

Description: Westhoff will report on the latest FAPRI market projections and discuss some of the factors that will drive markets in the months and years ahead. He‘ll also talk about recent

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com policy developments and the next farm bill debate, and will try to give an idea of what could happen and what it might mean.

Registration Link for Oct 5, 2017 3:00 PM in Central Standard Time (US and Canada) http://bit.ly/uaex-policy-market-outlook

http://agcouncil.net/2017/09/uofa-to-host-ag-policy-and-market-webinar-on-october-5/

Early harvest brings festivity to North after flood gloom 12:00 AM, October 04, 2017 / LAST MODIFIED: 12:00 AM, October 04, 2017 A farmer carries bundles of BRRI dhan-33, an early variety paddy, harvested from a field in Dinajpur's Khansama upazila on Monday. The area was hit by flood in mid-August. But luckily for farmers, the damage was minimal. They are now hoping to make a good profit as rice prices are high in local markets. Photo: Star Our Correspondent, Dinajpur Farmers of the flood-affected areas in Dinajpur and Rangpur have started harvesting of early variety high-yielding paddy amidst festivity although flood in August was a heavy blow to them.

The farmers are expecting more profit this year as the price of rice was soaring in the market.

Harvesting started on Sunday in full swing in Badarganj upazila of Rangpur and Khansama upazila of Dinajpur, according to the Department of Agricultural Extension.

In Badarganj, around 2,700 hectares of land was brought under early varieties of high-yielding paddy cultivation.

Farmer Mazedur Rahman of Untapara village in Kalupara union said he had cultivated hybrid paddy on 52 decimals of land. He added he started harvesting on Sunday. ―I got 30 maunds of paddy from my land," he said, adding that he had spent Tk 9,000 for planting the paddy, which had around 100 days of life span.

He was now preparing his land for next crops like potatoes.

Abdus Salam of Mohdipur village said he got 40 maunds of paddy from his 60 decimals of land and got Tk 600 per maund from the sale.

Away in Khansama of Dinajpur, high-yielding early varieties of paddy were cultivated on 500 hectares of land, according to DAE officials.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―The situation in mid-August was very bad during the flood," said Polash Roy, a farmer of Kachiniya village in the upazila. Now things were much better, he said, adding, they would cultivate other crops like potato, garlic and onion along with winter vegetables after harvesting paddy.

Abinoy Chandra Roy of Prankrishnapur village said he had planted early variety hybrid paddy on his 50 decimals of land and got 40 maunds of paddy.

He also said it took 100 days from cultivation to harvest.

Like him, Md Babu and Saidul Islam of Bishnuganj village, Rashidul Islam of Goaldihi village and Rafiqul Islam of Marium Bazar area in the upazila cultivated the same paddy and got good production

http://www.thedailystar.net/backpage/early-harvest-brings-festivity-north-after-flood-gloom-1471291

Global rice conference promotes low-carbon climate-smart rice October 4, 2017 - by Holly Demaree

According to the International Panel on Climate Change, rice fields contribute approximately 9% to 11% of the world‘s non-CO2 agricultural emissions.

Photos courtesy of IRRI.

BANGKOK, THAILAND – Low carbon rice and sustained incomes for rice farmers in developing countries were at the core of discussions at the first Global Sustainable Rice 9

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Conference and Exhibition, which opened Oct. 4 in Bangkok. The two-day meeting gathered around 300 global rice stakeholders from 30 countries to discuss challenges facing the global rice sector, and to propose innovative collaborative approaches to enhance sustainability in the sector.

The discussions are set to lead to recommendations for collaborative action and investment by governments, the private sector and the development community. Innovative partnerships are needed to transform the global rice sector toward a low-carbon, sustainable future, and contribute to the 2030 Agenda and the UN Sustainable Development Goals.

Speaking at the opening of the First Global Sustainable Rice Conference and Exhibition held at the UN Conference Centre in Bangkok, Dechen Tsering, regional director and regional representative for Asia and Pacific, UN Environment, called for urgent collective action among public and private sectors as well as research organizations and civil society groups. ―Rice is critical to global food security and to the welfare of around 800 million impoverished people around the world,‖ Tsering said. ―However, we pay a high environmental price for our rice, and we need a transformation in the global rice sector if we are to meet future global demand and enhance farmer livelihoods in a sustainable way. As a multi-stakeholder initiative with 80 institutional members, the Sustainable Rice Platform, co-convened by UN Environment and the International Rice Research Institute, offers partners the opportunity to participate in this transformative process and make a real contribution to the UN Sustainable Development Goals.‖ In another keynote address, Kundhavi Kadiresan, assistant director-general and regional representative for Asia and the Pacific, Food and Agriculture Organization of the United Nations, reminded delegates that, ―Asia fills the world‘s rice bowls and will continue to do so in the years to come. But such a major crop needs constant attention – by input suppliers, farmers, traders and the authorities whose policies govern its production. The Food and Agriculture Organization of the United Nations seeks to work with partners who strive to ensure the

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com sustainability of rice production in ways that allow farmers to earn more income but that do not result in damage to ecosystems and the rice-based landscapes of the region.‖ Meeting the world‘s future food and nutritional needs in a sustainable way presents critical development challenges, underscoring the urgent need for action to enhance production while minimizing the environmental footprint of rice systems and their vulnerability to climate change.

According to the International Rice Research Institute (IRRI), rice is a thirsty crop, accounting for 30% to 40% of the world‘s irrigation water; 3,000 to 5,000 liters of water are needed to produce 1 kilogram of polished rice. Rice also accounts for approximately 13% of global nitrogen fertilizer use.

Aside from its extreme vulnerability to climate change impacts, rice production is itself a major contributor to climate change. According to the International Panel on Climate Change, rice fields contribute approximately 9% to 11% of the world‘s non-CO2 agricultural emissions.

These concerns underscore the need for action to enhance resource efficiency and reduce the environmental and carbon footprint of rice systems. Ensuring economic, environmental and social sustainability on the farm and throughout rice value chains presents critical development challenges.

Summarizing these challenges in his opening address to the conference, Matthew Morell, director general of the IRRI, reminded delegates of the efforts of the international research community to develop innovative climate-smart best practice packages for rice smallholders. ―The International Rice Research Institute and its national partners and collaborating institutions have developed proven technologies and approaches to help smallholders in developing countries produce rice more efficiently, more reliably, using less water and farm chemicals, while reducing greenhouse gas emissions and protecting the environment,‖ Morell said. ―We are proud to work as co-founders of the Sustainable Rice Platform to promote adoption of these climate-smart best practice packages by Asia‘s farmers.‖ The Sustainable Rice Platform is a multi-stakeholder partnership to promote resource efficiency and sustainability, both on-farm and throughout rice value chains. The alliance works with over 80 institutional partners in the public and private sectors as well as international organizations, NGOs and the international research community to promote climate-smart best practice among rice smallholders in developing countries. In 2015 the world‘s first Standard for Sustainable Rice Cultivation was launched, together with a set of Performance Indicators to enable monitoring of progress and impact. The launch triggered commitments by a number of private sector actors to achieve 100% sustainable sourcing within their global corporate supply chains by 2020. Revision of the standard recently began with a 60-day online public consultation. http://www.world-grain.com/articles/news_home/World_Grain_News/2017/10/Global_rice_conference_promote.aspx?ID={4F1F5F83-

Global Long-Grain Rice Seeds Market 2017: Nuziveedu Seeds, Kaveri, Krishidhan, Rasi Seeds, JK Seeds, Syngenta 11

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com QY Market Research Leading Research Firm has added the latest report on "Global Long-Grain Rice Seeds Market by Manufacturers, Regions, Type and Application, Forecast to 2022".

This press release was orginally distributed by SBWire Deerfield Beach, FL -- (SBWIRE) -- 10/04/2017 -- The purpose of "Long-Grain Rice Seeds Market" report is to provide the newest industry data and Long-Grain Rice Seeds industry future trends, allowing consumers to identify the Long-Grain Rice Seeds market Application, Type, Manufacturers and Regions, Long-Grain Rice Seeds market Forecast up to 2022.

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Analysis of Long-Grain Rice Seeds Market: By Vendors Dupont Pioneer Bayer Nuziveedu Seeds Kaveri Mahyco RiceTec Krishidhan Rasi Seeds

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com JK seeds Syngenta Longping High-tech China National Seed Dabei Nong Group Hefei Fengle Analysis of Global Long-Grain Rice Seeds Market: By Regions - Europe Long-Grain Rice Seeds Market(Germany, France, Italy, Russia and UK) - North America Long-Grain Rice Seeds Market (Canada, USA and Mexico) - Latin America Long-Grain Rice Seeds Market (Middle and Africa).

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Research expo provides undergrads with unique opportinites Students had to chance to recruit for their research and provide insight into their projects.

By Elaine Soliman @ElaineSoliman_

Undergraduate and graduate students alike were able to network and discuss details of their current research.

Photo by Paul Burke

Research at Texas A&M spans from entomology to investigating lyme disease. These research projects and projects similar to them presented at the Undergraduate Research Expo on Oct. 4 in the MSC Bethancourt Ballroom.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com The Undergraduate Research Expo was an all day event where undergraduate students interested in getting involved with research on campus were able to learn more about the opportunities afforded to them. Ph.D. and graduate students were also able to present their research projects during a poster session and recruit undergraduate students to be a part of their team.

There were multiple events planned for the expo, including a research opportunities and resource fair along with poster sessions where students presented their research and informationals regarding how to get started in research followed by socials in the evening.

The Undergraduate Research Expo is one method students could use to get involved in research at A&M. It can be a meaningful experience to many who decide to delve into the research environment according to applied math junior Devyn Rice. ―I‘ve definitely grown personally and gained personal skills,‖ Rice said. ―I‘ve gotten to work in the classroom with students in the lab and been able to make a difference for them ... impacting them in a different way than their teacher was able to.‖ Rice said that undergraduate research is a wonderful opportunity, with several open spots, including spots on her own research team. ―It lets you explore what you‘re already interested in,‖ Rice said. ―So my math classes, my stat classes that have no relevance to me right now, they now have an application that I don‘t have to wait five years to seek. I learned more statistics before I got into my stats class and then when I got into my stats class, it was completely relevant. ‖ The event was not only for students to present their research, it was also a resource fair where many organizations, such as the Texas Sea Grant, could present their purpose and mission to students at A&M.Mia Zwolinksi, a research coordinator for the Texas Sea Grant College Program, said that it is important for students to be exposed to research early on.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―Immerse yourself in research, it‘s not just for graduate students,‖ Zwolinski said. ―It‘s for undergrads as well. And you have the great opportunity to learn how to write a thesis. So you don‘t have to wait to be a graduate students to learn how to write a thesis. http://www.thebatt.com/science-technology/research-expo-provides-undergrads-withunique-opportinites/article_0fcac7dc-a962-11e7-8856-1fe86f1251b6.html

Rice Seed Sales Market Research 2017: Currently Trending Market Strategies with High Production Ratio and Application Usages by 2022

By Rashmi Saraf October 4, 2017

Rice Seed Sales Industry research report is a meticulous investigation of current scenario of the market, which covers several market dynamics. Rice Seed Sales market research report is a resource, which provides current as well as upcoming technical and financial details of the industry.

Rice Seed Sales Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com understanding the problems they may face while operating in this Market over a longer period of time.

In this report, the global Rice Seed Sales market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022 Various policies and news are also included in the Rice Seed Sales Market report. Various costs involved in the production of Rice Seed Sales are discussed further. This includes labour cost, depreciation cost, raw material cost and other costs.

Get a Sample of Rice Seed Sales Market research report from – https://www.marketreportsworld.com/enquiry/request-sample/10581271 The production process is analysed with respect to various aspects like, manufacturing plant distribution, capacity, commercial production, R&D status, raw material source and technology source. This provides the basic information about the Rice Seed Sales industry.

Further in the Rice Seed Sales Market research reports, following points are included along with in-depth study of each point: Production Analysis – Production of the Rice Seed Sales is analysed with respect to different regions, types and applications. Here, price analysis of various Rice Seed Sales Market key players is also covered.

Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Rice Seed Sales Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.

Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Rice Seed Sales Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Competitors – In this section, various Rice Seed Sales industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Rice Seed Sales Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

Have a query? Ask our expert: https://www.marketreportsworld.com/enquiry/pre-order-enquiry/10581271 The following firms are included in the Rice Seed Sales Market report: DuPont Pioneer Bayer Nuziveedu Seeds Kaveri Mahyco RiceTec Krishidhan Rasi Seeds JK seeds Syngenta Longping High-tech China National Seed Grand Agriseeds Dabei Nong Group Hefei Fengle Win-all Hi-tech Gansu Dunhuang Seed Dongya Seed Industry

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Keeplong Seeds Guangxi Hengmao Agricultural Technology Opulent Technology Zhongnongfa Anhui Nongken Saprotan Utama Price of Report (single User Licence): $ 4000 Purchase the Rice Seed Sales Market Report: https://www.marketreportsworld.com/purchase/10581271 The Rice Seed Sales Market has been segmented as below:

By Product Analysis: 

90% Rice Seed Sales

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95% Rice Seed Sales

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Other Purity

By Regional Analysis: 

North America

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Europe

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China

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Japan

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Southeast Asia

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India

The Rice Seed Sales Market report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the 19

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares. http://newshawktime.com/rice-seed-sales-market-research-2017-currently-trending-marketstrategies-with-high-production-ratio-and-application-usages-by-2022/

Iraq’s state grain buyer is seeking 30,000 tonnes of rice of any origin 04-Oct-2017

CHICAGO, Oct 3 (Reuters) - The following is a snapshot of global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the close of business on Tuesday: WHEAT PURCHASE: Egypt's state grain buyer GASC said it bought 180,000 tonnes of Russian wheat in a tender. Traders said prices ranged from $197.95 to $200.00 per tonne free on board (FOB). GASC received offers from 11 suppliers, a jump from its previous tender when suppliers stayed away amid a simmering trade row over tough inspections.

BARLEY PURCHASE: Jordan's state grain buyer purchased 50,000 tonnes of barley in a tender, a government source and traders said. The barley was purchased from GTCS at the price of $218 a tonne cost and freight, the sources said. The arrival date is the second half of December.

DURUM WHEAT AND BARLEY PURCHASE: Tunisia bought 100,000 tonnes of durum wheat and 25,000 tonnes of feed barley in a tender on Tuesday, European traders said. It paid for the durum wheat between $286.29 to $289.69 per tonne, cost and freight included, and the feed barley at $209.55 a tonne C&F, they said. The grains were of optional origin and for shipment between November and December depending on the origin accepted. WHEAT TENDER: Japan's Ministry of Agriculture is seeking to buy a total of 109,906 tonnes of foodquality wheat from the United States and Canada in a regular tender that will close late on Oct. 5.

PENDING TENDERS: SOYMEAL: Iranian state-owned animal feed importer SLAL issued an international tender to purchase about 200,000 tonnes of soymeal, European traders said. Offers in the tender were to be submitted on Oct. 2. The soymeal can be sourced from Argentina or Brazil only and prices must be submitted in euros. WHEAT TENDER: Iraq's state grain buyer is seeking 50,000 tonnes of wheat in a tender, Baghdad-based traders said. The deadline for offers is Oct. 16 and offers must remain valid until Oct. 22, the sources said.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Iraq is seeking wheat of U.S., Canadian and Australian origins, at the seller's option. RICE TENDER: Iraq's state grain buyer is seeking 30,000 tonnes of rice of any origin, traders said.

The deadline for the offers is Oct. 16 and offers should remain valid until Oct. 22, they said. https://timesofindia.indiatimes.com/business/international-business/export-summary-egypt-buys-russianwheat-jordan-buys-barley/articleshow/60931953.cms

Market fee hike: Millers not to purchase basmati for 2 days 04-Oct-2017

Bathinda: Upset over 1% hike each in market fee and rural development fund (RDF) charges, the Punjab Basmati Rice Millers Association (PBRMA) has decided not to make purchases of the aromatic crop on Wednesday and Thursday. The market fee and RDF now has been increased to 3% each. Basmati varieties -- Pusa 1121, Pusa 1509, 1401, Sunanghi and Sharbati -- have been sown in over 4.51 lakh hectares in the state this season.

Millers said nearly 20 lakh tonnes basmati was expected to reach mandis and at an average price of Rs 3,000 per quintal, the crop would fetch nearly Rs 6,000 crore They said with the increase in fees, millers have to pay approximately Rs 120 crore more in taxes and would be forced to realise the money from the farmers.

PBRMA president Bal Krishan and general secretary Aashish Kathuria said, "Punjab government has meted out injustice with basmati millers and farmers by increasing market fee and RDF fee. In neighbouring Haryana, millers have to pay 2% each as market fee and RDF fee and in Rajasthan there is only 1.6% market fee and no RDF. By paying more taxes we can never compete with millers of other states and have decided not to make any purchases on October 4 and 5 in protest against hike in taxes." https://timesofindia.indiatimes.com/city/chandigarh/market-fee-hike-millers-not-to-purchase-basmati-for-2days/articleshow/60931510.cms

Basmati paddy price firms up on lower harvest, steady demand CHANDIGARH: The price of basmati paddy — the premier long grain rice in its unshelled form — has increased 30-45% from last year as farmers harvest a lower output in India, the largest producer and exporter, even as demand remains steady globally. Traders expect the price to remain firm through this season. Unshelled basmati is trading between Rs 26 and 45 per kilogram in Punjab during the ongoing harvesting season. Farmers are receiving higher value this time for 1509 basmati varie ..

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Pakistan needs $40 billion to reduce sensitivity to climate change threats: ADB

KARACHI: Pakistan will need approximately $40 billion in funds to achieve the desirable level of greenhouse gas emissions during the next one and half decade, the Asian Development Bank (ADB) said in a recent report, pinpointing a strong institutional setup in the country to improve its access to global climate finance.

ADB said Pakistan is one of the countries that are most vulnerable to climate change effects, including catastrophic floods, droughts and cyclones. ―As described in its Nationally Determined Contribution to the Paris Agreement under the United Nations Framework Convention on Climate Change, Pakistan intends to reduce up to 20 percent of its 2030 projected greenhouse gas emissions, subject to availability of international grants to meet the cumulative abatement costs amounting to approximately $40 billion,‖ Manilabased lender said in ‗Climate change profile of Pakistan‘.

The Bank said Pakistan is one of the countries in South Asia where warming is expected to remain more than the global mean ―and climate change will impact the glaciers‘ 22

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com melting rate and precipitation patterns, particularly affecting the timing and strength of monsoon rainfall.‖ ―Consequently, this will significantly impact the productivity and efficiency of water-dependent sectors such as agriculture and energy,‖ it added. ADB said the thermal resources-dependent energy sector is the biggest contributor of greenhouse gas emissions (GHG), accounting for nearly half of the total national GHG emissions inventory.

Hydropower resources, which supply around 30 percent of electricity, are expected to be affected by the recession of Himalayan glaciers that is the largest source of freshwater supply in the country, it added.

The Bank said hotter temperatures are likely to increase energy demand due to increased air conditioning requirements. Warmer air and water temperatures may decrease the efficiency of nuclear and thermal power plant generation.

The Asian Development Bank, however, recommended construction of additional water storage, diversification of energy mix including investment in renewable and small hydropower projects, improvement of weather forecasting and warning systems, retrofitting of critical energy infrastructure, and construction of dikes or sea walls.

The Bank said Pakistan lacks adaptation and mitigation strategies to combat climate change threats. The country launched ministry of climate change in 2013 despite it has signed 14 international environmental commitments between 1971 and 2001.

It said weak institutional setup in the country keeps its share in global climate change finance to minimal. It has only $15 million in disbursements of multilateral finance explicitly for climate change as of 2012.

Annual global climate finance flows amounted to approximately $331 billion in 2013, of which $34 billion flowed from developed to developing countries. The Bank said climatic changes are expected to reduce agricultural productivity, increase variability of water availability, raise coastal erosion and seawater incursion, and aggravate frequency of extreme climatic events.

It estimated that the rise in temperature between 0.5 to two centigrades would bring agriculture productivity down eight to 10 percent by 2040. ―Addressing these risks requires the mainstreaming of climate change into national strategy and policy; and climate-smart investments in infrastructure, businesses and skills,‖ Akmal Siddiq, a director of agriculture, water, and natural resources division at ADB said in the report.

ADB said warming-driven higher evaporation rates may lead to growing demand of irrigation water and this situation is expected to bite yields of wheat and basmati rice – the two key cash crops for the agriculture-dependent economy.

The Bank advised the policymakers to develop or use crop varieties with greater heat and drought tolerance, modernise irrigation infrastructure, employ water-saving technologies, integrate watershed management, and increase reforestation of catchment areas.

ADB said climate change will also affect urban infrastructure and transport sector in Pakistan, which is the sixth most populous country in the world. ―In economic terms, there are two types of impacts of extreme weather events on the transportation system,‖ it added.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―The first is the damage inflicted upon infrastructure, such as flood damage to road, rail, and bridges. The second is the economic cost of interruptions in the operation of the transportation systems, which prevent employees from going to work; shoppers from getting to stores; and goods from being delivered to factories, warehouses, and stores.‖ https://www.thenews.com.pk/print/234270-Pakistan-needs-40-billion-to-reduce-sensitivityto-climate-change-threats-ADB

FG: Price of Rice will Fall Within One Month October 5, 2017

All things being equal, the price of rice in Nigeria will drastically fall within the next one month, the federal government assured wednesday.This disclosure was made by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, while briefing State House correspondents at the end of the weekly Federal Executive Council (FEC) at the Presidential Villa in Abuja.

Ogbeh said the government had been concerned about the high cost of rice which he described as the most consumed commodity in Nigeria. The trend, he added, resulted in the recent meetings of both the rice growers and millers during which he said both parties resolved to crash the price of rice in the next four weeks.

According to him, both the rice growers and millers had agreed that the price of paddy – raw and unprocessed rice in the farm – would be reduced to a cost that will be easily affordable by 24

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com rice millers who will in turn sell the milled rice at a competitive price that will be within the reach of average consumers.

He said given this development, the price of locally consumed rice would become as low as that of imported or smuggled rice. This development is expected to make rice import or smuggling henceforth unattractive.Ogbeh also said the council mandated the ministry to investigate the recent export of poor quality of yam to the United States by a company with a view to discovering why such products of low quality were exported from the country.

Ogbeh also said a bill meant to repeal Export Prohibition Act which prohibits the export of some locally produced items such as yam, rice, among others, to enable the country export such products and grow the economy is already before the National Assembly. ―We have been mandated by council to brief you on one or two developments in the agriculture sector. One is a new development about the consignment of yam which was exported from Nigeria to the US which, according to a report that we heard today, was found to be of poor quality. ―The ministry will investigate it because the ministry is not an exporter. Exporters are private sector people. We will investigate both the company that exported and ask the quarantine department to check and find out why such a consignment left here.―The second issue is that in the last two days, rice growers in Nigeria and rice millers have been meeting. We are very concerned about the price of rice which is the most consumed commodity in Nigeria today. ―This means in the next one month, since the harvest of rice has begun in earnest, the price of rice will become reasonable and the cost of rice would have reduced substantially. We shall continue to pursue that. The ministry is also equipping farmers to make rice harvest easier so that the cost of rice harvest will substantially reduce,‖ he said.

In his own briefing, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, said the council approved N25.9 billion to offset the debt owed by the federal government to electricity distribution companies (Discos).

According to him, the approval followed the verification of the claims of over N67 billion debt made by the Discos against the federal government.He said the balance of N41 billion was not owed by the federal government but rather by some states and local governments as well as some international organisations classified as the federal government institutions.

Fashola said the decision of the government to offset the debt was government‘s own way of fulfilling its own commitment to the private sector with the aim of promoting the growth of the private sector.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com He also said the move was part of power sector recovery programme, pointing out that further verification of debts owed by states and local governments had been approved by the National Council on Power.

The minister also disclosed that the Discos also owe the federal government over N500 billion, being the cost of energy which he said they took and have not remitted.He said: ―We presented a memorandum to council to approve the verified sums of monies owed by the ministries, departments and agencies of government to distribution companies for electricity supplied to them. You might recall that over time, since the inception of this administration, the claims of debts owed by this administration to distribution companies have been a matter of concern. ―We had committed that those figures would be verified and the verified sums, the government would pay. We have completed the verification and as was announced in the monthly power meeting, we now asked council to approve the verified sum of N25.994 billion owed by MDAs of the federal government to be paid to the Discos out of the claims of N67.41 by the Discos.

There is differential of about N41 billion. That differential arose because some of the claims do not belong to the federal government. The debts are owed by some states and local governments.

Some are owed by public international organisations that have been classified as government institutions.

In a related development, the federal government, Rice Farmers Association of Nigeria (RIFAN) and National Rice Millers Association of Nigeria (NRMAN) have moved to guarantee national food security by reducing the price of rice before the end of the year.The resolution was the highpoint of yesterday‘s tripartite understanding agreed to by Ogbeh, Chairman of NRMAN, Mohammed Abubakar and Chairman of RIFAN, Aminu Goronyo.

The parties agreed to review and reduce the market price of processed Paddy rice which ranges from N16,000 to N17,000 to about N13,000for the 2017/2018 wet season farming.Government rice policy has seen a major reduction in rice importation from 500,000 metric ton in 2015 to 58,000 mt in 2016.

Ogbeh highlighted government‘s desire to continue to procure machines and support rice farmers so that they can maintain the MoU between the farmers and millers to sell paddy at N110,000 per metric tonnes. Presently a ton of paddy is sold at N150,000.

The minister appealed to RIFAN to desist from unnecessary hiking of the price of paddy, saying such would give smugglers the leeway in market, while ordinary Nigerians will be unable to afford the price of the local food staple. He stated further that with efforts being put in place, the price of rice will be reasonable and can be afforded by all Nigerians. ―I want to make a passionate appeal to RIFAN. Millers will be unable to buy if the farmers hike the prices of the product. And if the millers can‘t buy, a day will come when the mills will shut down. If that happens, people won‘t find rice in the market and smugglers will take advantage of 26

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com the scarcity. Any breach of the agreement reached will benefit the smuggler while the Nigerian consumers will suffer most,‖ Ogbeh admonished.

Speaking after the meeting, Goronyo said RIFAN predicted that cheaper rice would flood the market this year in view of the anticipated bumper harvest by farmers.He said the rice farmer association and the millers had agreed in principle to collaborate in the interest of Nigerians.He gave the cost of production and high interest rate as the main reasons responsible for the high cost of rice in the market, saying Ogbeh had promised to bring the cost of production to the barest minimum. ―Though Nigerians were once buying a 50kg bag of rice for N18,000, today the cost of a 50kg bag of rice is N14,000 to N15,000 which supports the fact that the prices are coming down and will go further down to not even N7,000 but N6,000 for a 50kg. Just give us few months,‖ Goronyo pleaded.He said the government rice production scheme will benefit the smallholder farmers estimated at 12.2 million or 90 per cent of the registered rice farmers in Nigeria https://www.thisdaylive.com/index.php/2017/10/05/fg-price-of-rice-will-fall-within-one-month/

FEC approves N26bn to pay off MDAs‘ debts to Discos Oct 5, 2017 in Business From Juliana Taiwo-Obalonye, Abuja The Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari, Wednesday, approved the sum of N25,994 billion for Distribution Companies (Discos), to offset some of the debts owed by Ministries Departments and Agencies (MDAs).

Have you read Trendiee Today? Click here to read The Council approved the verified sum of N25.994 billions for Discos out of the claims of N67.41 billions, leaving a differential of about N41 billion yet to be verified.

The Federal Government will deduct the sum from the N500 billion the Discos owed the Nigerian Bulk Electricity Trader (NBET), a wholly Federal Government owned subsidiary company.

Briefing State House correspondents at the end of the three and half hour meeting, the Minister of Power, Works and Housing, Babatunde Fashola, alongside the Ministers of Information, Lai Mohammed and Agriculture, Audu Ogbe, said the debts, yet to be verified, were those of states, local government areas and some international organisations ascribed to the Federal Government.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―We presented a memorandum to FEC to approve the verified sum of monies being debts owed

by MDAs to distribution companies for electricity supplied to them. Since the beginning of this administration, claims of debts by government to Discos have been a matter of concern especially in the light of liquidity issues. ―We had committed that those figures would be verified and the verified sums, government would pay. We have concluded the verification and we now asked council to approve the verified sum of N25.994 billion owed by MDAs of the Federal Government to be paid to the Discos out of the claims of N67.41 billion. So, there is a differential of about N41 billion. ―That differential arises first because some of the claims do not belong to the Federal Government. Some are owed by states and local governments, while some belong to public international organisations and were classified as government debts.

So, there are more verifications going on and undertaking at states and local governments which we have discovered at the National Council on Power about a week ago. And this is important so that government can demonstrate its support for the private sector by paying its own debts so that the sector can do what they do well. ―Government has also approved that this amount that has been quantified be set off against the amount owed by the DISCOS to Nigerian Bulk Electricity Trader (NBET), a 100 per cent federal government owned subsidiary company. They also owe government for their unremitted collections for energy they have taken and have not remitted. They are owing about N500 billion to government,‖ he said.

Meanwhile, the Presidency has begun investigations into the embarrassing rejection of 72 tonnes of yams exported to the United States in June.Despite the euphoria that greeted the historic export that was officially flagged off by the Vice President, Yemi Osinbajo in Lagos, the yams were found to be rotten upon arrival in the US. Minister of Agriculture, Audu Ogbeh, said: ―We were mandated to brief you about development in the agric sector. One of the developments about the consignment of yams which was exported from here to the United States and which, according to the reports we have today, was found to be of poor quality. The ministry will investigate because the Ministry is not an exporter, the exporters are private people. ―We will be investigating both the company that exported it and ask our quarantine department to check and find out why such a consignment left here,‖he said.

Ogbeh, also assured that the price of rice in Nigeria will drastically fall within the next one month.The minister said the government had been concerned about the high cost of rice which he described as the most consumed commodity in Nigeria. The trend, he added, resulted in the

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com recent meetings of both the rice growers and millers during which he said both parties resolved to crash the price of price in the next four weeks.

According to him, both the rice growers and millers had agreed that the price of paddy – raw and unprocessed rice in the farm – would be reduced to a cost that will be easily affordable by rice millers who will in turn sell the milled rice at a competitive price that will be within the reach of average consumers.

He said given this development, the price of locally consumed rice would become as low as that of imported or smuggled rice. This development is expected to make rice import or smuggling henceforth unattractive.

He said: ―The second is that in the last two days, rice growers and millers have been meeting.

We are very concerned about the price of rice which is the most consumed commodity in Nigeria. The two have agreed to the plans we have been pursuing to arrive at a certain price which makes the price of paddy stabilize at a point where the milers can take the rice, mill it and put it in the market at competitive prices almost as low in price as the foreign rice including the smuggled ones is going for. That means that in the next one month, the price of rice will become reasonable and the cost of rice would have reduced substantially.‖ Ogbeh also said a bill meant to repeal Export Prohibition Act which prohibits the export of some locally produced items such as yam, rice, among others, to enable the country export such products and grow the economy is already before the National Assembly.

https://www.nigeriatoday.ng/2017/10/fec-approves-n26bn-to-pay-off-mdas-debts-to-discos/

Rice will to sell for N6,000 per bag – Farmers assure October 4, 2017

By Ameh Comrade Godwin

Rice farmers, millers and processors on Wednesday declared that the price of a 50kg bag of rice will crash to as low as N6,000 in no distant time.

According to them, going by the bumper wet season harvest by rice farmers, the current market price of rice, which is about N18,000 per 50kg bag, will fall to between N6,000 and N7,000.

Speaking on the sidelines of a meeting between rice farmers/processors and the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, at the ministry‘s headquarters, in Abuja, the National President, Rice Farmers Association of Nigeria, Mr. Aminu Goronyo, told newsmen that operators had resolved to currently reduce price of rice to N13,000 per 50kg, but stressed that the price would further drop to N6,000 in a few months.

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He said, ―This is just the beginning, the actual price of rice will come down because we are expecting a bumper harvest this year. We have sat down with the millers and have agreed that we are going to work together for the interest of Nigerians. I think you have been buying a bag of rice at the cost of N18,000, but today the price is between N13,000 to N15,000, meaning that the price is coming down.‖ On whether the price would crash further to about N7,000 per 50kg bag, as was the case some years back, Goronyo replied, ―Of course! Not even N7,000, it will crash to N6,000. Just give us some time; in fact, in the next few months and it will be for 50kg http://dailypost.ng/2017/10/04/rice-will-sell-n6000-per-bag-farmers-assure/

Nagpur Foodgrain Prices Open- October 4, 2017 Reuters | Oct 4, 2017, 14:00 IST Nagpur Foodgrain Prices - APMC/Open Market-October 4 Nagpur, Oct 4 (Reuters) - Gram prices moved down in Nagpur Agriculture Produce and Marketing Committee (APMC) here on poor demand from local millers amid good supply from producing regions. Easy condition on NCDEX and downward trend in Madhya Pradesh gram prices also affected sentiment. About 400 of gram bags were available for auctions, according to sources. FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market here but demand was poor. TUAR * Tuar gavarani and tuar Karnataka reported weak in open market here in absence of buyers. * Rice varieties reported down in open market on poor buying support from local traders amid good supply from producing regions. * In Akola, Tuar New - 4,100-4,175, Tuar dal (clean) 30

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com 5,800-6,200, Udid Mogar (clean) - 7,500-8,200, Moong Mogar (clean) 6,600-7,000, Gram 5,500-5,625, Gram Super best - 7,800-8,300 * Wheat and other foodgrain items moved in a narrow range in scattered deals and settled at last levels in limited deals. Nagpur foodgrains APMCauction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction 4,400-5,170 4,450-5,340 Gram Pink Auction n.a. 2,1002,600 Tuar Auction n.a. 3,500-3,970 Moong Auction n.a. 3,900-4,200 Udid Auction n.a. 4,3004,500 Masoor Auction n.a. 2,600-2,800 Wheat Mill quality Auction 1,590-1,675 1,580-1,685 Gram Super Best Bold 8,000-8,500 8,000-8,500 Gram Super Best n.a. n.a. Gram Medium Best 7,200-7,600 7,200-7,600 Gram Dal Medium n.a. n.a Gram Mill Quality 5,700-5,800 5,700-5,800 Desi gram Raw 5,500-5,800 5,500-5,800 Gram Kabuli 12,500-13,200 12,500-13,200 Tuar Fataka Best-New 6,100-6,400 6,100-6,400 Tuar Fataka Medium-New 5,800-6,000 5,800-6,000 Tuar Dal Best Phod-New 5,700-6,000 5,700-6,000 Tuar Dal Medium phod-New 5,200-5,400 5,200-5,400 Tuar Gavarani New 3,850-3,950 3,900-4,000 Tuar Karnataka 4,250-4,550 4,3004,600 Masoor dal best 5,200-5,400 5,200-5,400 Masoor dal medium 4,800-5,000 4,800-5,000 Masoor n.a. n.a. Moong Mogar bold (New) 6,800-7,500 6,800-7,500 Moong Mogar Medium 6,200-6,600 6,200-6,600 Moong dal Chilka 5,500-6,200 5,500-6,200 Moong Mill quality n.a. n.a. Moong Chamki best 7,000-7,500 7,000-7,500 Udid Mogar best (100 INR/KG) (New) 7,9008,500 7,900-8,500 Udid Mogar Medium (100 INR/KG) 5,800-6,700 5,800-6,700 Udid Dal Black (100 INR/KG) 5,200-6,300 5,200-6,300 Batri dal (100 INR/KG) 5,000-5,500 5,000-5,500 Lakhodi dal (100 INR/kg) 2,750-2,950 2,750-2,950 Watana Dal (100 INR/KG) 2,900-3,000 2,900-3,000 Watana Green Best (100 INR/KG) 3,800-4,400 3,800-4,400 Wheat 308 (100 INR/KG) 1,900-2,000 1,900-2,000 Wheat Mill quality (100 INR/KG) 1,700-1,850 1,700-1,850 Wheat Filter (100 INR/KG) 2,100-2,300 2,100-2,300 Wheat Lokwan best (100 INR/KG) 2,2002,400 2,200-2,400 Wheat Lokwan medium (100 INR/KG) 1,900-2,100 1,900-2,100 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,100-3,600 3,100-3,600 MP Sharbati Medium (100 INR/KG) 2,200-2,700 2,200-2,700 Rice BPT best (100 INR/KG) 3,000-3,400 3,100-3,400 Rice BPT medium (100 INR/KG) 2,700-2,900 2,800-3,100 Rice Luchai (100 INR/KG) 2,200-2,400 2,400-2,600 Rice Swarna best (100 INR/KG) 2,500-2,600 2,5002,600 Rice Swarna medium (100 INR/KG) 2,300-2,400 2,300-2,400 Rice HMT best (100 INR/KG) 3,650-4,050 3,700-4,100 Rice HMT medium (100 INR/KG) 3,300-3,600 3,400-3,700 Rice Shriram best(100 INR/KG) 4,600-4,800 4,800-5,000 Rice Shriram med (100 INR/KG) 31

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com 4,200-4,400 4,400-4,600 Rice Basmati best (100 INR/KG) 9,500-13,500 9,500-13,500 Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500 Rice Chinnor best 100 INR/KG) 4,500-4,900 4,800-5,200 Rice Chinnor medium (100 INR/KG) 4,200-4,400 4,500-4,700 Jowar Gavarani (100 INR/KG) 2,000-2,100 2,000-2,100 Jowar CH-5 (100 INR/KG) 1,700-2,000 1,700-2,000 WEATHER (NAGPUR) Maximum temp. 34.2 degree Celsius, minimum temp. 20.1 degree Celsius Rainfall : Nil FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 34 and 20 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices) https://timesofindia.indiatimes.com/business/india-business/nagpur-foodgrain-prices-open-october-42017/articleshow/60937427.cms

Rice Webinar: Thursday, October 5 Tune in Thursday, October 5, at 3:00 p.m. Central Time, for a new rice webinar hosted by Dr. Bobby Coats, with the Department of Agricultural Economics and Agribusiness at the University of Arkansas. Titled "The Agricultural Policy and Market Outlook: What Now?" the webinar features Patrick Westhoff, director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri - Columbia, who will report on the latest FAPRI market projections and discuss factors that will drive markets in the months and years ahead.

Go here to register for the webinar.

National Rice Month Scholarship Contest - Flex Your Creative Muscles!

By Deborah Willenborg ARLINGTON, VA -- To enter the annual National Rice Month (NRM) Scholarship contest high school graduating students who live in rice-growing states -- Arkansas, California, Louisiana, Mississippi, Missouri, and Texas -- are asked to use visual storytelling to promote U.S.-grown rice by producing a three-minute

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video.

Last year's grand prize winner, Heaven McKinley from Grand Prairie, Texas, was excited about the opportunity to flex her creative muscles and dive into a new topic. "I wanted to find something more interesting than the scholarships requiring only boring essays," McKinley says. "The video contest caught my eye because the open criteria provided freedom for my imagination and creative side to take over."

Three scholarship prizes, sponsored by Dow AgroSciences, totaling $8,500 will be awarded. The grand-prize winner will receive a $4,000 scholarship and a trip with a chaperone this December to the awards ceremony at the 2017 USA Rice Outlook Conference in San Antonio, Texas. The second-place winner will receive a $3,000 scholarship, and third-place $1,500.

Entries are due October 31.

For more information and to submit an entry, visit the NRM scholarship page.

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Can Tho exports rice to Iran for the first time Thursday,

2017-10-05

04:26:36

Vietnam‘s rice exports to foreign markets are expected to continue to rise.

NDO – The southern Mekong Delta city of Can Tho and its Iranian partner have reached a deal to export 100,000 tonnes of Can Tho rice to the Middle Eastern country.The information was announced by Deputy Director of Can Tho Department of Industry and Trade Huynh Trung Tru at a meeting to discuss the condition of local exports-imports, on October 4.

According to Tru, in August, an Iranian partner arrived in Can Tho in order to sign a deal with a local rice trader to export approximately 100,000 tonnes of Can Tho rice to Iran by the end of this year. This is the first time that Can Tho rice has reached this market.

He predicted that with the current trend, the demand for rice imports in several markets, such as Bangladesh, the Philippines and Iran will continue to increase sharply, while demand remains very high in other markets, such as China and Singapore.

Since the beginning this year, rice exports have witnessed optimistic results and forecasts until the end of the year also suggest positive progress for the key product. Specifically, for the 34

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Bangladesh market, the South Asian country needs to import around 500,000 tonnes. In this month alone, they have requested 250,000-300,000 tonnes of rice and Can Tho businesses may submit their bids to the Vietnam Food Association (VFA) for this volume, Tru said.

If rice exports to Iran gain favourable results, with a stable quality of rice, a long term deal could be reached next year, bringing about great advantages for the local construction of raw materials and improving the standard of living for farmers, Tru added.

In the first nine months of 2017, the total rice export volume in the locality reached over 638,000 tonnes, an increase of 22% over the same period last year, generating a turnover of US$262 million, up by almost 20%.

According to a VFA report, as of the end of August, the total contracted rice exports reached over 5.1 million tonnes, of which nearly 3.9 million tonnes have already been delivered to their partners.

With the positive export contracts as mentioned above, VFA forecasts that the country's rice exports will reach approximately 5.6 million tonnes for the whole year, of which the total exported volume in the last quarter would reach 1.8 million tonnes.

Regarding the Can Tho export-import situation, the city‘s Department of Industry and Trade stated that turnover in the first nine months reached over US$1 billion, making up 75.8% of the set plan for the whole year and up 16.9% compared with the same period last year.

During the period, the export of goods and services in Can Tho reached nearly US$1.3 billion, accounting for 76.4% of the year plan and up 16.3% annually. http://en.nhandan.org.vn/business/item/5548602-can-tho-exports-rice-to-iran-for-the-firsttime.html

Nigeria: Govt Investigates Export of Poor Quality Yam to U.S.

By Isiaka Wakili

The Federal Executive Council on Wednesday resolved to investigate a company that exported a consignment of yams found to be of poor quality to the United States of America.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com The Minister of Agriculture and Rural Development, Audu Ogbeh, stated this while briefing State House reporters on the outcome of the council meeting chaired by President Muhammadu Buhari.

Ogbeh, who did not name the company, said the ministry's quarantine department would also be asked to check and find out why such a consignment left Nigeria.

"One of the developments we were mandated to brief you on is about the consignment of yams which was exported from here to the United States and which according to the reports we have today, was found to be of poor quality.

"The ministry will investigate because the ministry is not an exporter. The exporters are private people. We will investigate the company that exported it and ask our quarantine department to check and find out why such a consignment left here," he said.

Also, the minister said the government was concerned about the high cost of rice which, he noted was the most consumed commodity in the country. Ogbeh assured that by November, the price of rice would be substantially reduced.

He said: "Rice growers in Nigeria and rice millers have been meeting. We're very concerned about the price of rice which is the most consumed commodity in Nigeria today.

"The two have agreed to a plan which we'll be pursuing to arrive at a certain price which makes the price of paddy (the raw rice on the farm) stabilised at a point which makes the millers to take the paddy and mill it and put it in the market almost at very competitive prices almost as low as what the price of foreign rice, smuggled rice is sold for.

"This means in the next one month, since the harvest of rice has begun in earnest, the price of rice will become reasonable and cost of rice would have reduced substantially. We shall continue to pursue that. The ministry is also equipping farmers to make rice harvest easier so that the cost of rice harvest will substantially reduce." http://allafrica.com/stories/201710050033.html

200,000 farmers from 29 states benefit from CBN‘s N43.92 billion programme – Spokesperson October 4, 2017Agency Report Farmers [Photo Credit: The Guardian Nigeria]

The Central Bank of Nigeria, CBN, says it has so far disbursed N43.92 billion to local farmers through the Anchor Borrowers Programme, an agricultural intervention programme of CBN.The 36

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com acting Director of Corporate Communication of CBN, Isaac Okorafor, disclosed this at CBN Special Day at the 12th Abuja International Trade Fair in Abuja on Wednesday.

CBN, in line with its mandate established the Anchor Borrowers‘ Programme, ABP. The programme, launched by President Muhammadu Buhari on November 17, 2015, was intended to create linkage between anchor companies involved in the processing and small holder farmers of the required key agricultural commodities.

The programme thrust of the ABP is provision of farm inputs, in kind and cash, for farm labour to small holder farmers to boost production of rice, wheat and maize.

Others are; cotton, soya beans, poultry, cassava and groundnuts in addition to fish farming.

The programme is also meant to stabilise inputs supply to agro-processors and address the country‘s negative balance of payments on food.At harvest, the small holder farmer supplies his or her produce to the Agro-processor, who pays the cash equivalent to the farmer‘s account.

Mr. Okorafor said that the programme was done in association with 13 participating financial institutions with over 200,000 small holder farmers from 29 states.He said also that through the ABP, 233,000 hectares of farmland were currently being cultivated with eight commodities, such rice, rice, wheat and maize among others.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―We cannot let our farmers go hungry while we enrich farmers from other countries. ―This is why we said for some certain items which are 41 in number, if you want to import them go and look for your own foreign exchange. ―As a complimentary measure, we put in place the Anchor Borrowers Programme for agriculture to make farmers rise, fill the space and gap created by the non-importation of those items. ―The programme has given us over two million tonnes of rice when our national demand is at about six million tonnes. ‗‘This has taken our national output to about four million tonnes in the first year.―We are very hopeful that we will further add at least another two million tonnes of rice this year that will take us up to six million tonnes.―We are envisaging that by this time next year, Nigeria should be selfsufficient in rice production,‖ he said.

Mr. Okorafor said that to further position the economy on the path of sufficiency through non-oil exports and conserve foreign exchange, the apex bank had 17 intervention programmes running.

The intervention programmes he said were; the Agricultural Credit Guarantee Scheme fund, N200 billion Commercial Agricultural Credit Scheme, N200 billion SME Restructuring and Refinancing Facility, the N300 billion power and airline intervention fund.Others, according to him, are the Youth Entrepreneurship Development Programme, Nigeria Electricity Market Stabilisation Facility, Export Re-discounting and Re-financing Facility, Export Stimulation Facility and Paddy Aggregation Scheme among others.

Mr. Okorafor reiterated the bank‘s commitment to continually reel out proactive policies and schemes to ensure that the Nigerian economy remains strong and sufficient, through non-oil exports.He also urged members of the public to come forward with their complaints if they felt shortchanged by their banks.

Mr. Okoroafor said that in the last three years, the Consumer Protection Department of CBN had helped to get back about N50 billion of bank customers monies, who complained of excess or illegal charges by their banks.

Also at the occasion, the Second Deputy President, Abuja Chamber of Commerce and Industry (ABUCCIMA), Al-Mujtaba Abubakar, urged the CBN to reconsider some of its policy stands, adding that they negatively impacted on small businesses.―While we commend the CBN for its roles in getting our economy out of recession, we want to emphasise that the subsisting high lending rate is stifling production and productivity of the real sector.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―The Micro Small and Medium Enterprises have been on the receiving end of this.―We, therefore, urge the CBN to reconsider its policy stand in this regard,‖ Mr. Abubakar said.

(NAN)

https://www.premiumtimesng.com/news/more-news/245076-200000-farmers-29-states-benefit-cbns-n43-92billion-programme-spokesperson.html

Government set to launch market operation on medium quality rice Jakarta (ANTARA News) - The government has prepared to launch market operation on medium quality rice following the declining supply of the commodity, especially in Cipinang Wholesale Rice Market.

The Director General of Domestic Trade of the Trade Ministry, Tjahya Widayanti, said here on Wednesday that the preparation for the market operation would be made after a coordinative meeting at the office of the Coordinating Minister for Economic Affairs.

"We will hold a meeting first. But I have prepared the letter tasking Bulog (state logistic agency) to conduct the market operation," Tjahya stated.

According to Tjahya, Bulog still has adequate stock for market operation, but the amount of the medium quality rice in the operation would still be discussed.

"We will see. The amount many not necessarily be as large as 75 thousand tons at once, but it will be gradual," she added.

Meanwhile, President Director of Food Station Tjipinang Jaya, Arief Prasetyo Adi, noted that rice stock in the wholesale market has begun to decline since the implementation of Trade Minister Decree no. 57/2017 on rice ceiling price.

Currently, rice stock in Cipinang Wholesale Rice Market has reached some 53 thousand tons, of which 60-70 percent are premium quality rice.

Under the new regulation, rice ceiling price in Java, Lampung, South Sumatra, Bali, West Nusa Tenggara, and Sulawesi was set at Rp9,450 per kilogram for medium quality and Rp12.8 39

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com thousand per kilogram for premium quality rice.

The price in Sumatra, except Lampung and South Sumatra, East Nusa Tenggara, and Kalimantan, was set at Rp9,950 per kilogram for medium quality rice and Rp13.3 thousand per kilogram for premium rice.

"With the current price of unhusked rice, traders prefer to produce premium price. The market could not determine the rate for medium quality and premium quality rice," Arief explained.

Medium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 25 percent of maximum broken rice content.

Premium quality rice has 95 percent of milling degree, 14 percent of maximum moisture content, and 15 percent of maximum broken rice content.

"Definition for medium and premium quality rice is different from the previous ones. Previously, premium rice had maximum broken rice content of five percent, and now it is 15 percent," he revealed.

The government has set the ceiling price for medium and premium quality rice in an effort to sustain peoples purchasing power and control inflation rate. The regulation took effect on Sept 1.

However, since the implementation of the regulation, supply for medium quality rice has declined, whereas, supply for premium rice has increased. (*) http://www.antaranews.com/en/news/112925/government-set-to-launch-market-operation-on-mediumquality-rice

Nigerians to buy 50kg bag of rice N6, 000 soon RIFAN ON OCTOBER 4

By Gabriel Ewepu ABUJA RICE Farmers Association of Nigeria, RIFAN, have assured that Nigerians will buy 50 kilogrammes bag of rice at N6, 000 in the next few months. This was disclosed by the National President of RIFAN, Aminu Goronyo, while answering questions from newsmen after a meeting held with the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, and the National Rice Millers Association of Nigeria, NRMAN, on Wednesday. Lake rice Goronyo stated this on the heels of agreement reached between RIFAN and NRMAN on reduction of price on paddy from N150, 000 to N110, 000 per tonne. Currently, 40

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com the market price of 50kg bag of rice sells for N16, 000, with the move by the two associations the price per 50kg bag of rice will crash from N16,000 to N13,500 per bag.

He said: ―Is just the beginning, the real price will even come down because we are expecting a bumper harvest this year and we have sat down with the Millers that will work for the interest of Nigerians. ―We are working hard to see that the price of a 50kg bag of rice comes down to N6, 000 and it will be in the next few months.‖ However, he said the challenge in the rice value chain has been the high cost of production and expressed concern over persistent smuggling activities threatening farmers‘ commitment to scaling up production., which he expressed optimism that the government would soon intervene. ―Our major challenge is the cost of production and the Minister has promised to bring down the cost of production to the barest minimum.

‖ Also speaking was the National Chairman of NRMAN, Abubakar Mohammed, said with the agreement reached their decision became imperative necessary due to high prices of local rice, which consumers were no more comfortable with, and now farmers and millers also have become worrisome. He said: ―We have agreed with the farmers on a N13,500 and N13, 000 per bag depending on where you are in the country, we are not making requests, but we have come here to inform the Minister that our agreement with the farmers on the price of paddy, ―And this is what we have with the farmers‘ association and let the minister know that we agreed on a price of paddy for this year 2017 and 2019 wet season farming.

N110, 000 at the farm per tonne, which N13, 000 to N13, 500 will be for a bag. ―Before we were buying paddy up to N150, 000 per tonne of paddy, and we were selling our paddy for N16, 000 per bag of 50 kilogrammes. ―We want to sell a bag of rice N13, 000 to N13, 500 per bag according to where you are in the country and the paddy cost will be N110, 000 per bag. We have the MoU on that and we start it will be fine for everybody. The government and farmers work with us the processors.‖ Meanwhile, in his remarks, the Minister said if the price of rice crashes to N13,500, the smugglers‘ margin will reduce drastically.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com He said the government will continue to procure farm machines to assist the rice farmers to ease the stress of rice production, and consequently further crash the prices of rice in the market. ―The biggest enemy of the Nigerian rice farmers and processors are the smugglers, if the price of rice falls to N13,500, smugglers margin becomes too small and we hope that the measures we are going to take can end smuggling of rice and many other things. ―I assure you government will continue to procure and support rice farmers so that you can keep to the price you have agreed of a N110,000‖, he said. https://www.vanguardngr.com/2017/10/nigerians-buy-50kg-bag-rice-n6-000-soon-rifan/

Uttarakhand: PDS scam worth 600 cr leads to dismissal of regional food controller OCTOBER 2017 Last Updated at 5:12 AM Dehradun (Uttarakhand) [India], October 5 : A scam worth Rs.600 crore was detected in the public distribution system of Uttarakhand by the special investigation team (SIT), which led to the dismissal of the regional food controller in Kumaon division of the state.

According to a release, preliminary investigations by the SIT, headed by Udhamsingh Nagar District Magistrate Niraj Khairwal, revealed large-scale financial irregularities and other anomalies at public distribution system (PDS) godowns located in Kumaon region.

This led to the issuance of dismissal order of Vishnu Singh Dhanik (regional food controller) late on Monday night.Dhanik was given two extensions by the previous Harish Rawat-led Congress government in the state.

Anomalies worth over Rs 600 crore were detected during a documentary verification that was conducted at the PDS godowns in Rudrapur, Kashipur and Bajpur by the SIT.Workers, representatives of farmers and representatives of rice-millers were also investigated.

The investigation was carried out on the basis of five points: Firstly, on the involvement of Government officers' and workers' in the distribution of rice bought from the rice-millers.

Secondly, whether different rules and regulations were followed regarding the involvement of officers and workers' in the distribution of rice.

Thirdly, the conditions of the police's involvement in the process.Fourthly, whether details of harm done to the government's reputation and details of the officers and workers' held accountable.

Lastly, suggestions so that nothing of this sort happens in the future.The Principal secretary and commissioner Food and Civil Supplies has been asked to take stern action against all other officials and employees involved in the scam, which took place over the last two years.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com Chief Minister Trivendra Singh Rawat warned that the people found guilty will not be spared, irrespective of the political parties they belong to. He also stated that an FIR will be filed against those leaders if needed.

After receiving a number of complaints about the beneficiaries either not getting subsidised food grains or being served poor quality of grains under the PDS arrangement, Chief Minister Trivendra Singh Rawat had constituted the SIT on August 2 https://www.outlookindia.com/newsscroll/uttarakhand-pds-scam-worth-600-cr-leads-todismissal-of-regional-food-controller/1160834

Special licence for rice, wheat traders

October 04, 2017 21:08:23

The food ministry has moved to tighten the spanner. It has made obtaining of a licence from the directorate of food by importers, millers, dealers, wholesalers and retailers of rice and wheat compulsory by this month. That the recent sudden rise in prices of all varieties of rice has prompted the food ministry to exercise its control on unscrupulous rice and wheat traders is quite clear. The authorities launched a drive against hoarders with the same purpose in mind. No business can be run without trade licences. This one from the directorate of food, if used with the 43

www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com express aim and intention, will be on top of that. Licence is a kind of registration that will help keep a tab on the traders, particularly the large ones. This will give the authorities a handle to put a leash on traders trying to play foul.

So far so good. But like many other well-intentioned move, this can as well leave scope for abuse. Particularly unacceptable is the deadline for obtaining licences. If retailers of rice and wheat all over the country are required to procure licences, it will be an uphill task both for the issuing authority and the intended obtainers. Should small retail traders obtain such licences at all? Actually, such retailers cannot manipulate the market for price rise. It is the big fish responsible for hoarding tens of thousands of tonnes of rice or wheat who need to be brought under the scanner. The millers are in an advantageous position to dictate terms because they procure paddy when the cereal is priced at the lowest and they hoard it for the future to call the shot.

The ministry is yet to issue the notification for obtaining licences. The probable date for issuance of the notification is October 10. This means there will remain only 20 days for procurement of licences. Is this feasible? The rush for licences is expected to be particularly heavy. There is a chance of abusing the situation by taking full advantage of the rush. It would be advisable to give a reasonable time for procurement of licence. Undue haste may end up producing results contrary to what is intended. If monitoring is the purpose, let it be done dispassionately and with a sense of purpose. First, it would be rational to direct the millers and big rice traders to comply with the order within a month or so and then gradually make it mandatory for the mid-level and others to follow suit.

The authorities deserve appreciation for exercising at least some sway over the big shots in the food business but its benefits are yet to reach the consumer level significantly. It should not be forgotten that it has been the record rice prices this time and just bringing down prices by Tk 2.0 or 3.0 is not enough. One thing is sure that rice price has not registered any rise in the international market. So, there is no valid reason for this outrageous rise in rice price in the domestic market. The government move looks good but the issue has to be handled carefully. http://thefinancialexpress.com.bd/editorial/special-licence-for-rice-wheat-traders-1507129703

FEC okays N30b to settle MDAs light bill October 4, 2017 THE Federal Executive Council (FEC) has approved the payment of N39.9billion debt owed to Distribution Companies (Discos) from power consumed by Ministries, Department and Agencies (MDAs) out of N67.4billion claims.This was one of the outcomes of the council meeting presided over by President Muhammadu Buhari on Wednesday at the presidential villa, Abuja.

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Briefing State House correspondents on the meeting, Minister of Power, Works and Housing, Babatunde Fashola, said the approval followed a memo he presented for the council‘s consideration on verified debts on power supplied to the MDAs.According to him, since the beginning of the present administration, claims of debts by the government to Discos have been a matter of concern especially in the light of liquidity issues.

He said the government had committed that those figures would be verified and pay the verified sums.

He added: ―We Have concluded the verification and we now ask Council to approve the verified sum of N25.994billion owed by MDAs of the federal government to be paid to the Discos out of the claims of N67.41billion.―So, there is a differential of about N41billion. That differential arises first because some of the claims do not belong to the federal government.―Some are owned by states and local governments. Also, some belong to public international organizations and were classified as government debts. ―So, there is more verifications going on and undertaking at states and local governments which we have discovered at the National Council on Power about a week ago.―And this is important so that government can demonstrate its support for the private sector by paying its own debts so that the sector can do what they do well.‖Fashola said the government has also approved that the amount that has been quantified be set off against the amount owed by the Discos to Nigerian Bulk Electricity Trader (NBET), a 100% federal government owned subsidiary company.

He explained: ―They also owe the government for their unremitted collections for the energy they have taken and have not remitted.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―They are owing about N500billion to the government.‖The minister maintained that the payment of the debt was only a part of power sector recovery programme which includes ―the collective set of policies, programmes and actions to fill the gaps and omissions in the privatisation processes instead of cancelling it.‖ He assured that the sector could be re-engineered back to work, saying: ―The power sector recovery programme includes payment of debt, proper governance, proper regulation. This is one of the many components.‖Also, briefing, Minister of Agriculture, Audu Ogbe, revealed that the first consignment of yams recently exported to the United States under the government‘s programme to encourage exports was found to be of poor quality.

He said the government has now launched an investigation into the affair to determine what happened.Ogbeh said: ―We were mandated to brief you about development in the Agric sector.

One of the developments about the consignment of yams which was exported from here to the United States and which according to the reports we have today was found to be of poor quality. ―The ministry will investigate because the Ministry is not an exporter the exporters are private people.―We will be investigating both the company that exported it and ask our quarantine department to check and find out why such a consignment left here.‖On the efforts to reduce the cost of locally produced rice, Ogbe said rice growers and millers have agreed to government‘s plans to lower the cost substantially which should soon manifest.

The minister stated: ―We are very concerned about the price of rice which is the most consumed commodity in Nigeria.―The two have agreed to the plans we have been pursuing to arrive at a certain price which makes the price of paddy stabilize at a point where the milers can take the rice, mill it and put it on the market at competitive prices almost as low in price as the foreign rice including the smuggled ones is going for.―That means that in the next one month, the price of rice will become reasonable and the cost of rice would have reduced substantially. http://www.tribuneonlineng.com/fec-okays-n30b-settle-mdas-light-bill/

Chinese hybrid rice experts visit over 100 rice farms APP

ISLAMABAD - A group of Chinese hybrid-rice researchers and experts along with local scientists under 'Travelling Rice Seminar' initiative had visited more than 100 rice fields and farms across the crop growing areas of the country.They had also visited different research stations, agriculture universities and seed outlets of different companies to exploit the cultivation of hybrid rice in all four provinces of the country. The seminar was designed by Pakistan Agriculture Research Council (PARC) and Chinese Yuan Longping High-tech Agriculture Company, said Programme Coordinator and Member Plant Science of PARC Dr Anjum Ali. 46

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Talking to APP, he said that the experts had travelled in all the four ecological zones of the country including Khyber Pakhtunkhawa, Punjab, Sindh and Balochistan in order to create awareness among growers about the cultivation of hybrid rice. This was a month long activity in which a group of hybrid rice researchers from China comprising on 12 scientists also trained the local scientists, seed producers and field extension departments of the provincial governments, he added.

He said that the main aim of this joint initiative was to enhance per acre crop productivity, increase profitability and produce surplus commodity for exports enhancement. In order to further enhance the local rice output Pakistan and China have decided to work together for conducting joint awareness programmes to adopt hybrid rice seeds, he added.

He informed that the Chinese scientists had trained 30 Pakistani agriculture scientists, selected from all the four provinces. Besides, he said that they will also impart training to the members of the provincial field extension departments on hybrid rice cultivation. In addition, he said that the activity will also help in capacity building of the local experts from all over the country in order to promote the hybrid rice techniques.

They had also organised road-shows and field visits across the rice-growing areas to address the issues and challenges in promotion of hybrid rice seed, he added. He further informed that the a revolutionary hybrid rice seed was recently developed by the Chinese researchers, which would help Pakistani farmers to enhance significantly their per acre yield.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com The new developed rice seed variety would help to produce extra surplus, hence the country would be able to export more rice for exporting it to other countries, he added http://nation.com.pk/business/03-Oct-2017/chinese-hybrid-rice-experts-visit-over-100-rice-farms

Rice to sell at N6,000 per bag soon –Farmers October 4, 2017

By Editor

In what many may regard as good news, the Rice Farmers Association of Nigeria (RIFAN) have said that rice, a popularly staple food in Nigeria, will sell at N6,000 per 50kg bag within the next few months.

National President of RIFAN, Aminu Goronyo said during a meeting with Rice Processors Association of Nigeria (RIPAN) and the Minister of Agriculture and Rural Development, Audu Ogbeh, in Abuja on Wednesday, that it is imperative for the association, which is comprised of farmers, to reduce the price of locally produced rice from N18,000 per 50kg bag, to N6,000 in the months to come Goronyo said although RIFAN and RIPAN had agreed to fix the current price of 50 kg bag of rice at between N13, 000 and N13, 500, it is certain that the price would further crash to N6, 000 within the next few months if there was bumper harvests and low cost of production, and if the Federal Government fulfills it‘s pledge to support rice farmers.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―This is just the beginning. The actual price will still come down because we are expecting a bumper harvest this year; we have sat down with the millers and agreed that we will work together for the interest of Nigerians. ―At one time, people were buying a bag of rice at the cost of N18, 000 but they are now buying it at between N13,000 and N15,000. The price is coming down.―In the next few months, God willing, the price of a 50kg bag of rice will come down to N6, 000. It is achievable, it will be a reality,‘‘ he said.

Meanwhile, the Chairman, Rice Processors Association of Nigeria (RIPAN), Mohammed Abubakar, also said that the associations had signed a Memorandum of Understanding (MoU) to slash the prices of both paddy and processed rice.―We have agreed at N110, 000 per tonne of paddy. In the market, rice will come around N13, 000 to N13, 500 per 50kg bag.―Before now, we were buying paddy at N140, 000 and N150, 000 per tonne and we are selling our rice at N16,000 per 50kg bag. ―If this MoU works, we hope to sell a bag of rice at N13, 000 to N13, 500, depending on where you are in the country,‘‘ Mr. Abubakar said.Speaking during the meeting, Mr. Ogbeh commended the associations for their decision to slash the price of locally produced rice.The minister noted that the biggest challenge facing rice farmers in the country was smuggling, and that the move would aid efforts to stamp out rice smuggling into the country. ―Let me express the appreciation of President Muhammadu Buhari and the Vice-President, Prof.

Yemi Osinbajo, to both farmers and millers because nobody can calculate what you have done to rescue our country that was very close to disaster.―What you have done is going to save us from a lot of difficulties. What we want to promise you is that we will help you ease the burden of rice farming.―Last year, we procured 80,000 threshers; this year, we will procure another 2,500 threshers and we are bringing in small reapers for distribution to rice farmers.―The equipment will enable them to cut the rice, thresh it, winnow it and put it in sacks; It will take away all the stress which makes rice farming very difficult so that you can keep to the price of N110, 000 per tonne of paddy that we agreed. ―If we are able to keep these prices stable and we are able to contain smuggling, I hope you will keep us informed when there are any challenges confronting you because no country can claim to be strong if its citizens are hungry.―Let everybody know that the price of rice for this Christmas will be good enough for us to eat rice, chicken and fish. ―We just can‘t afford hunger here. The smuggler will be the beneficiary of any violation of the price agreement you have reached,‘‘ Mr. Ogbeh added.Meanwhile, the Nigeria customs service, area controller, Ogun area command, Waindu Multafu, said that, due to the high level of rice smuggling, ―There is no place in our warehouse to put rice again.. Though, we are making efforts to dispose the ones we have in the warehouse‖.

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www.ricepluss.com | www.riceplusmagazine.blogspot.com For Online/Newsletter Advertisment mujahid.riceplus@gamil.com ―Rice has become a staple food. It is the most smuggled item because of the financial benefits accruing to the smugglers. ―People smuggle rice to avoid payment of Customs duty‖, Multafu said https://www.ripplesnigeria.com/rice-sell-n6000-per-bag-soon-farmers/

Zim evaluates rice production October 5, 2017

Business Reporter ZIMBABWE is evaluating the feasibility of commercial rice production with a Government delegation expected to go on a familiarisation mission to Egypt to acquaint itself with technology and viable methods of growing the cereal.Deputy Minister of Agriculture, Mechanisation and Irrigation Development (Cropping Production) Davis Marapira said he would next month lead a team of experts from his ministry to familiarise with rice production in one of Africa‘s largest producer. Zimbabwe is a net importer of rice and spends about $150 million annually to import the cereal. ―We have done our preliminary research, which have shown us that we can produce rice using hybrid varieties without any problem. I will lead a team from the ministry to Egypt to familiarise with their technology and understand how we can do it here.New rice varieties needs a lot of water in the first two months and we have sufficient water (to support rice production,‖ deputy minister Marapira said.

With hybrid varieties, Egyptian farmers have improved average rice production to almost 10 tonnes per hectare. Rice has become a priority crop in Africa with many countries looking at expanding production of the crop to achieve food self-sufficiency. At the fifth Presidential Youth Interface Rally in Chinhoyi about two months ago, President Mugabe indicated the country should seriously consider rice production.

Image: Deputy Minister Marapira http://www.herald.co.zw/zim-evaluates-rice-production/ 50