September 07,2016 Vol 7 , Issue 9
Daily
Daily Global, Regional and Local Rice E-Newsletter
Global, Regional & Local Rice E-Newsletter
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Daily Global, Regional and Local Rice E-Newsletter Today Rice News Headlines...
Editorial Board Chief Editor
Pakistan, Senegal agree to boost defence, trade ties Pakistan, Senegal agree to cement cooperation in diverse sectors Rice exporters elect new executive committee The price of paddy As Pakistan gears up for Eid-Ul-Azha, poor farmers wonder if they will get the chance to celebrate C-RICE: Commodities Rice Technical Analysis September 06, 2016 China may allow imports of Indian non-basmati rice Philippines to lift restrictions on rice imports by 2017 Farmers oppose removal of rice import restrictions Company denies planning to import poisoned rice Ex-commerce minister faces lawsuit over rice deals 10,000 Rice farmers benefit from CBN soft loan in Kano Government carries rice auction paddy in southern Brazil Duterte admin to amend law mandating rice import quota to lift QR Gov‘t to remove rice import quota next year Farmers seek help to cope with more rice imports Big rice crop rebound but PNG turmoil adds to price worries Rice industry rushes to disarm single desk critics Rice Prices APEDA AgriExchange Newsletter - Volume 1551 09/06/2016 Farm Bureau Market Report California Rice Research and Industry on Display Fisher Delta Center Celebrates 55th Annual Field Day Rice Loans to Be Disbursed Soon Woman rep aspirant accused of selfish interests
Hamlik
Managing Editor
Abdul Sattar Shah Rahmat Ullah Rozeen Shaukat
English Editor
Maryam Editor Legal Advisor Advocate Zaheer Minhas
Editorial Associates
Admiral (R) Hamid Khalid Javed Islam Agha Ch.Hamid Malhi Dr.Akhtar Hussain Dr.Fayyaz Ahmad Siddiqui Dr.Abdul Rasheed (UAF) Islam Akhtar Khan
Editorial Advisory Board
Dr.Malik Mohammad Hashim
Assistant Professor, Gomal University DIK
Dr.Hasina Gul
Assistant Director, Agriculture KPK
Dr.Hidayat Ullah Assistant Professor, University of
Swabi
Dr.Abdul Basir Assistant Professor, University of
News Detail...
Swabi
Pakistan, Senegal agree to boost defence, trade ties By Muhammad Saleh Zaafir,September 07, 2016
Zahid Mehmood PSO,NIFA Peshawar
Falak Naz Shah
Head Food Science & Technology 2 ART, Peshawar
PM Nawaz, Senegalese president discuss defence, intelligence cooperation
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Daily Global, Regional and Local Rice E-Newsletter ISLAMABAD: Pakistan and Senegal have agreed to boost bilateral relations in trade and defence sectors as Islamabad is prepared to supply defence equipment to the African Muslim country which are manufactured in the country. Pakistan also offered to cooperate in the fields of intelligence sharing, control of human & drug trafficking and capacity building in counter terrorism for Senegal. The offer has been made by Prime Minister Nawaz Sharif to Senegal‘s President Macky Sall on Tuesday during his one-toone meeting here at the Prime Minister‘s House. The Senegal president is currently on a two-day official visit to Pakistan. Senegal is a strong Muslim country of Africa that had earlier served as the chairman of the OIC. ―We are happy to offer scholarships for Senegalese students in various fields of education and training in prestigious institutions of Pakistan. I welcome your decision to open Senegalese Embassy in Islamabad, which will further strengthen the bilateral cooperation between our two countries,‖ said the prime minister. He called for boosting the bilateral trade with Senegal by enhanced collaboration in textiles, agricultural machinery and pharmaceutical sectors. The premier emphasised on enhancing the bilateral trade from its current volume of $30.469 million a year to its real potential. The one-on-one meeting was later joined by minister-in–waiting Rana Tanveer Hussain. Prime Minister Nawaz Sharif urged Senegal to benefit from Pakistan's products including leather and light engineering goods, and said a composite trade and investment delegation from Pakistan led by minister of commerce could visit Senegal in this regard. The prime minister said that Pakistan was considering to open a Pakistani bank in Senegal which would facilitate trade and investment between the two countries. He recalled his meetings with President Macky Sall at the United Nations General Assembly session last year in New York and later in Saudi Arabia, where the two sides agreed to develop greater cooperation in diverse fields. Nawaz Sharif congratulated the Senegalese president on the election of his country as a nonpermanent member of the UN Security Council for the term 2016-17 and expressed the confidence that Senegal would play a pro-active role in protecting and promoting the interests of Islamic countries. He lauded President Macky Sall in ensuring democracy in his country following the general election of 2012 and mentioned his positive role in resolving the regional disputes. The premier welcomed the decision of President Sall to open a Senegalese Embassy in Islamabad, adding that it would further strengthen the cooperation between the two countries. The two sides also discussed cooperation in the defence sector and defence procurement.
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Daily Global, Regional and Local Rice E-Newsletter The prime minister and president of Senegal Macky Sall led their respective sides in delegation level talks. The prime minister said that in addition to existing items like textiles, pharmaceuticals and rice, Pakistan could also export leather and leather products, light engineering goods, agricultural machinery to Senegal. ―A composite trade and investment delegation led by our Minister for Commerce could visit Senegal in this regard,‖ said the prime minister. The PM said that Pakistan could extend technical support to Senegal for establishment of sugar and cement plants and could also help in promoting its agriculture sector. Both sides agreed to enhance bilateral trade from its current volume of $30.469 million a year to its true potential. Presently Pakistan‘s annual exports to Senegal amount to $29.433 million while imports are at $1.06 million. Earlier, the prime minister welcomed the president of the Republic of Senegal at the Prime Minister House which was followed by one-on-one meeting between the two leaders. The prime minister felicitated the the Senegalese president on winning the referendum held in March 2016, which demonstrated the renewed trust of the people of Senegal. The visiting delegation included Mansour Elimane KANE, Minister for Infrastructure, Oumar Demba BA, and Diplomatic Adviser to the President, Mrs Gnounka DIOUF, and Minister Counselor to the Presidency, Hamidou Samba KASSE, Minister Counselor for Communications and others. The meeting was also attended by Sartaj Aziz, Adviser to Prime Minster, Rana Tanveer Hussain, Minister for Defence Production and other senior officials of the government. https://www.thenews.com.pk/print/148467-Pakistan-Senegal-agree-to-boost-defence-trade-ties
Pakistan, Senegal agree to cement cooperation in diverse sectors Pakistan offers cooperation to Senegal in capacity building of its forces in counter-terrorism and controlling human and drug trafficking.
01:49 PM, 6 Sep, 2016
Pakistan and Senegal have agreed to strengthen cooperation in diverse fields including trade, investment, agriculture and education.
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Daily Global, Regional and Local Rice E-Newsletter
The understanding came during delegation-level talks between Prime Minister Muhammad Nawaz Sharif and President of Senegal Macky Sall in Islamabad on Tuesday. The Prime Minister said that in addition to existing items like textiles, pharmaceuticals and rice, Pakistan can also export leather and leather products, light engineering goods, and agricultural machinery to Senegal. He said Pakistan can extend technical support to Senegal for establishment of sugar and cement plants. Matters pertaining to defense cooperation between the two countries and the proposal for opening a Pakistani bank in Senegal were also discussed during the meeting. Pakistan offered to cooperate in the fields of intelligence sharing, control of human and drug trafficking and capacity building in counter-terrorism for Senegal. The Prime Minister said Pakistan is happy to offer scholarships for Senegalese students in various fields of education and training in prestigious institutions of the country. He welcomed the decision to open Senegalese Embassy in Islamabad, which will further strengthen the bilateral cooperation between our two countries. Meanwhile, Speaker National Assembly Sardar Ayaz Sadiq hosted a dinner in honour of Senegal's President Macky Sall and his delegation in Islamabad.
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Daily Global, Regional and Local Rice E-Newsletter It was attended among others by senior officials of National Assembly, Foreign Office and diplomats. http://www.radio.gov.pk/06-Sep-2016/pakistan-senegal-agree-to-boost-ties-in-diverse-sector
Rice exporters elect new executive committee September 07, 2016
Lahore - All the candidates vying for slots in the Managing Committee of Rice Exporters Association of Pakistan (REAP) were elected unopposed in the annual elections for the year 2016 on Monday, for the term commencing from October 1, 2016 and finishing on September 30, 2018. The names of newly-elected Managing Committee members were announced by the former chairman Shehzad Ali Malik in a meeting chaired by REAP Chairman Chaudhry Shafique.
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Daily Global, Regional and Local Rice E-Newsletter Addressing the meeting, Malik paid tributes to the incumbent chairman, appreciating the steps taken by him for strengthening the role of Association in increasing rice exports. The ceremony was attended by the office-bearers of REAP, including former chairman Javed Islam Agha and ex-vice chairman Tariq Aziz. They lauded the services of Ch Shafique, wishing him success in future, whose tenure as a chairman is going to expire on Sept 31. Addressing the meeting, Shafique said that rice production in Pakistan had remained static at around 5 million tonnes annually, but the export earnings had increased two folds in the last five years: from $570 million to $2 billion. ―This only became possible by building up the positive image of Pakistani rice by the REAP leaders,‖ he said, and added, ―The task required a unified, consistent and innovative campaign and efforts from the stage of REAP, which was fulfilled with full commitment by all members. ‖ The REAP chairman expressed gratitude to the office-bearers and senior staff for the support and guidance provided to him during his tenure, besides wishing the new management good luck for further improvement in the rice sector. He expressed the hope that the government, with the help of REAP‘s new management, would play its role for further boosting rice exports, besides resolving the problems being faced by the rice exporters. The names of Member Managing Committee of REAP from North Zone for Corporate Class who were elected unopposed included Shahjahan Malik (Lahore), Salah-Ud-Din (Faisalabad), Ch. Muhammad Akhtar (Kamoke), Haseeb Ali Khan (Muridkey), and Nazeer Ahmed Chaudhry (Lahore). Nazeer Ahmed Chaudhry (Lahore) has been elected Unopposed Member Managing Committee of REAP for Associate Class. While Abdul Rauf Chappal (Karachi), Mahmood Baqi Moulvi (Karachi), Faizan Ali Ghori (Karachi), Hamdullah Khan Tareen (Quetta) have been elected Unopposed Member Managing Committee of REAP from South Zone for Corporate Class and Mr. Muhammad Altaf (Karachi) has been elected Unopposed Member Managing Committee of REAP for Associate Class http://nation.com.pk/business/07-Sep-2016/rice-exporters-elect-new-executive-committee
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Daily Global, Regional and Local Rice E-Newsletter The price of paddy Monday, September-05-2016 Paddy crop is ready for harvesting in lower Sindh, although in areas banned for cultivation, harvesting has already started. For instance, paddy from Sanghar has started reaching rice mills in upper Sindh. Farmers in upper Sindh still have at least a fortnight or so to go for crop harvesting. The crop across Sindh is healthy, the impact of pest attacks in lower Sindh being practically washed away by rains. If heavy and devastating rains do not occur farmers expect a bumper crop. Subsidy on urea fertiliser has helped growers apply its required dozes in their fields which they otherwise avoided to keep their cost of production down. ―With the proper application of subsidised fertiliser, the yield per acre has gone up by an average of 10 maunds‖ According to a seasoned rice grower, Haji Ameer Bux Pahore from Shikarpur, with every acre producing 10 maunds more than the usual output, the province expects a larger size of the crop compared to last year. Subsidy on DAP fertiliser was given last year under the Prime Minister‘s Rs340bn Kissan Package, announced ahead of local bodies elections. The subsidy has reduced the DAP‘s price to Rs2,600 from Rs4,000 per bag and that of urea to Rs1,400 from Rs1,850 per bag. Farmers in upper Sindh — where much of the paddy is grown on the right bank of the river Indus — are the ones who will mainly get the advantage of the subsidy. Paddy cultivation in lower Sindh is only permitted in Kotri barrage‘s non-perennial command. The subsidy on fertilisers would possibly reduce cost of production by Rs5,000 or so per acre. Expenses of Rs15,000-Rs17,000 for land preparation remain unchanged as a major head of cost of production. Then comes the cost of hybrid seed which is around Rs1,000 per kg. Around 7kgs of seed are used in an acre. According to Nabi Bux Sathio and another paddy grower, Nadeem Shah, the coarse variety (irrr-6) was selling at a price of Rs975 to Rs1,020 per 40kg at the initial stage of harvesting this season. The price may drop when the crop‘s arrival in the market picks up pace.But, they say, the rate is better than last year‘s when it dropped to Rs700-Rs800 per 40kg after the initial harvest. Sathio recalls that a Rs800 to Rs825 per 40kg price was offered to growers during last year‘s corresponding period.
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Daily Global, Regional and Local Rice E-Newsletter Availability of irrigational water remained by and large satisfactory, but water shortage was reported in areas located on left bank of Sukkur barrage where paddy cultivation is banned. Climatic conditions have benefited the crop, especially rains in the first week of August, which had a positive bearing on the crop. The only exception was in low-lying areas where rainwater stagnated in fields, damaging the paddy. The paddy sowing target set by the agriculture department of 750,000ha was met this season..Small farmers however complained of rice millers securing 45kg instead of 40kg claiming high moisture content in paddy, while big farmers resist such deductions. Secondly the crop‘s price depends largely on price trends in the international market, which remained depressed last year. Farmers‘ feel they would be better-off if they got the average price of Rs900/40kg. http://pakissan.com/english/news/newsDetail.php?newsid=31458
As Pakistan gears up for Eid-Ul-Azha, poor farmers wonder if they will get the chance to celebrate Many are at the mercy of their landlord’s whims – they have to remain on standby, in case they're summoned on the festival day too.
Banaras Khan/ AFP Yesterday · 09:30 pm Updated Yesterday · 09:33 pm
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Daily Global, Regional and Local Rice E-Newsletter Naween A. Mangi Eid-Ul-Azha is coming up soon. Most people are busy considering what sacrificial animal to buy and what delicacies to prepare on the big day. Gada Hussain, a 22-year-old farmer in upper Sindh, is anxiously wondering whether he‘ll get to spend the day with his family like everyone else. Normally, he misses all the special holidays. The night before Eid-ul-Fitr a couple of months ago, Gada received a message from the landlord, whose three acres he farms, to arrive at his guesthouse at sunrise. When he got there, he was ordered to clean the entire guesthouse. He began removing cobwebs from the ceiling, sweeping the floor and washing down the courtyard. By the time he was done, he had already missed the Eid prayer. He was ordered to stay and serve the day‘s guests with water and tea. The farmer bit his tongue, cursed under his breath and obeyed. This wasn‘t the first time. He has unloaded sacks of cement, demolished a building and done construction work for his landlord in the past. When he walked the three kilometres home after sunset, his pockets were as empty as when he began the day. This free labour is routine. A typical day
Gada, a quiet, somewhat sullen young man with dense, curly hair and a short temper, has been planting and harvesting rice and wheat on this land ever since he started helping his father when he was 10. The landlord, a politician and rice mill owner, has about 100 acres of land and dozens of farmers at his beck and call. Gada rises every day before dawn and opens up his pigeon hovel, fills up their grain and water containers and lets two dozen of them free. He stands there for a few moments gazing up at the sky. This is one time during the entire gruelling day that Gada‘s eyes soften and joy fills his heart. There‘s little time to enjoy this sport. Soon enough, he grabs his scythe and heads to the land, dressed in a faded dhoti and a kurta without buttons. There he chops up a bundle of grass, collects stacks of hay for his two buffaloes, checks on his standing crop and then returns home where his pregnant wife helps him unload the donkey cart and then serves him a breakfast of potatoes and leftover rice. In the last two seasons, the land he farms produced 200 maunds of rice and 50 maunds of wheat – which, according to custom, are split half and half between the farmer and the landlord. Gada is responsible for paying for the tractor that ploughs the land, the seed, the fertiliser used for the seed and the labour for planting and harvesting.
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Daily Global, Regional and Local Rice E-Newsletter The landlord shares the cost of the fertiliser for the crop and pesticide and pays one-fourth of the thresher charges. Since Gada has no cash upfront, he has to buy seed and fertiliser on credit, which increases the cost by over 60% because of interest charges. Festivity on standby
Gada spends all year caring for his crop. He plants the seed for his rice crop in the intense heat of June and makes several rounds to the fields late at night to check on the water level. On the last day of the rice harvesting season, when the thresher machine arrives, Gada is filled with nervous excitement. It‘s the day of reckoning. His wife and other women in the family cook up a large meal for the labourers while he arranges cold drinking water, tea and cigarettes for them as well as a clean rilli for the landlord to sit on so he doesn‘t spoil his starched white clothes. The cleaned crop is spread in a round heap and then the traders begin weighing the crop. On one side of the scale sit the landlord and his assistants. On the other, stand Gada, a cousin and a couple of farmers acting as witnesses. Gada scoops up every last grain and tosses it onto the pile so the weight is higher. His gaze is fixed on the landlord; if he‘s unhappy with the output, Gada will have to brave his rage. When the accounts are prepared two weeks later, Gada comes out Rs 8,000 in debt which will be carried over to the next season. Gada comes home with nothing after months of toiling in the heat; still, he must do it because it affords him animal fodder, a loan in times of need and access to rice and wheat he could not afford to buy. Not all landlords are the same. Some take care of their farmers, realising that their own lives and fortunes are tied to that toil. They don‘t charge interest on loans taken for seed or fertiliser and don‘t use their farmers as free labour. But for Gada, if he is summoned, he must go. If he doesn‘t, he risks losing the right to farm that land which means he will not be able to feed his family. The last time he spent the day as a construction worker without a wage at his landlord‘s house, he went hungry because the group of five workers wasn‘t given enough food and had to get through the day without tea. He came back so angry, he threw his scarf on the floor and pledged never to go back. Then when his sweat dried, he realised that he had no choice. So this Eid too, Gada will be on standby, hoping he can stay with his three kids, but prepared to go if he is summoned. That‘s just the way it is. This article first appeared on Dawn.
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Daily Global, Regional and Local Rice E-Newsletter We welcome your comments at letters@scroll.in. http://scroll.in/article/815737/as-pakistan-gears-up-for-eid-ul-azha-poor-farmers-wonder-if-they-will-getthe-chance-to-celebrate
C-RICE: Commodities Rice Technical Analysis September 06, 2016 By IFCMarkets Weather affects rice prices International Grains Council lowered forecast for global rice crops in 2016 in its August report to 484mln tonnes from 487mln tonnes in previous month. Despite their decline, the crops are expected to surpass 473mln tonnes of 2015. In previous week rice prices hit a fresh 15-month low. Now they are slightly advancing. Markets worry the Thai crops may suffer from floods. Will rice prices rise? At the start of the current agricultural season Thailand suffered from drought. The rice crops in Thailand may fall to 20mln tonnes from 25mln tonnes in previous season, according to forecasts. Previously the Thailand rice subsidy scheme existed. The government used to purchase rice from farmers for state reserves. Now this program has expired but reserves have reached the level of 20mln tonnes which is more than twofold above the annual volume of rice exports from Thailand. News on sales from Thai state reserves will destabilize the global rice market. The Thai Rice Exporters Association expects the rice exports to be 9.5mln tonnes this year. In Q1 they rose 12% compared to the same period of 2015. The news that rice production fell by 2.7% to 32.8mln tonnes in China and that Philippines are planning to purchase 1mln tonnes of rice in global markets support the rice prices. On the daily chart RICE: D1 has hit a fresh 15-month low and its decline has halted. Now it is moving sideways. In theory the double bottom technical analysis technical pattern may form in the chart. This will happen in case the weather conditions further worsen in South-East Asia and Louisiana and Arkansas states in US.
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Parabolic indicator gives bearish signals. Bollinger bands have contracted which means lower volatility. RSI us below 50 and has formed positive divergence.
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Daily Global, Regional and Local Rice E-Newsletter 
MACD gives bearish signals.
The bullish momentum may develop in case RICE surpasses 10. In such a case Parabolic and MACD will reverse up. This level may serve the point of entry. The initial stop-loss may be placed below the last fractal low and 6-year low at 9.2. Having opened the pending order we shall move the stop to the next fractal low following the Parabolic and Bollinger signals. Thus, we are changing the probable profit/loss ratio to the breakeven point. The most risk-averse traders may switch to the 4-hour chart after the trade and place there a stop-loss moving it in the direction of the trade. If the price meets the stop-loss level at 9.2 without reaching the order at 10, we recommend cancelling the position: the market sustains internal changes which were not taken into account. http://countingpips.com/2016/09/c-rice-commodities-rice-technical-analysis-september-06-2016/
China may allow imports of Indian non-basmati rice Arun S The Hindu 13 QUALITY CHECK: Chinese officials have finally agreed to visit India during September 19-28 to inspect rice mills. File photo: K. Mustafah
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Daily Global, Regional and Local Rice E-Newsletter
China was the largest importer of the grain in 2015-16.China may soon grant market access to India's non-basmati rice exports, acceding to a long-pending request from New Delhi. The Centre had repeatedly taken up the issue of the country‘s ballooning goods trade deficit with China bilaterally. India had demanded market access for products including non-basmati rice, pharmaceuticals and several fruits & vegetables among others. India‘s goods trade deficit with China has surged from $1.1 billion in 2003-04 to $52.7 billion in 2015-16. Beijing has been ―denying‖ market access to India's non-basmati rice claiming that the item had failed to meet Chinese norms on quality, health and safety. Its concerns included the likelihood of a pest called ‗Khapra beetle (or cabinet beetle)‘ getting transported along with Indian non-basmati rice consignments to China. China was the world‘s largest rice importer in 2015-16 followed by Saudi Arabia and Iraq. Mill inspection 14
Official sources said after several requests from the Indian side, Chinese officials have finally agreed to visit India during September 19-28 to inspect 19 rice mills registered with the National
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Daily Global, Regional and Local Rice E-Newsletter Plant Protection Organization (NPPO). These mills are situated in states including Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. To export to countries including China, it is mandatory for Indian rice exporters to be registered with the NPPO — the Indian government body in charge for inspecting these mills and granting certificates on plant health for export purposes. The NPPO will assist its Chinese counterpart AQSIQ during the inspection from September 1928 for pest risk analysis and plant quarantine purposes to ensure that the non-basmati consignments from India will be pest-free, safe and of good quality. Agricultural & Processed Food Products Export Development Authority (APEDA) under the Indian commerce ministry is also involved in the process. India had earlier sent the information sought by AQSIQ regarding the quality protocol and standard operating procedures, the sources said. ―The inspection is a very significant stage in the process,‖ A. K. Gupta, Director (Basmati Export Development Foundation, foreign trade, World Trade Organisation-related matters & agri-export zones), APEDA, said. He expressed hope that following the inspection, China will soon issue a formal notification regarding permission for non-basmati rice exports from India. The Chinese authorities had carried out a similar inspection in 2009, following which in 201112, they gave their nod to basmati exports from India to China, Mr. Gupta added. Pointing out that the 19 mills are involved in processing non-basmati and basmati rice, he said, therefore, the inspection will cover both varieties. Rajen Sundaresan, Executive Director, All India Rice Exporters Association (AIREA), said he was also hopeful that the Chinese authorities will shortly give green signal for non-basmati rice exports from India to China. He said a recent joint survey done by AIREA and the leading agrochemical (including pesticides) firm UPL found that the allegations regarding the presence of Khapra beetle in processed Indian rice were wrong and vastly exaggerated. Pakistani imports
Pointing out that China imports non-basmati rice from Pakistan, Mr. Sundaresan said Beijing‘s objection to Indian non-basmati export seems more political in nature than anything else. Trade sources said there are reports of rice (basmati & non-basmati) exports from India to China happening through Hong Kong and Thailand. In 2015-16, India exported 6.2 million tonnes of non-basmati rice worth Rs.15,000 crore, he said.
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Daily Global, Regional and Local Rice E-Newsletter Keywords: Indian non-basmati rice, imports of non-basmati rice http://www.thehindu.com/business/Industry/china-may-allow-imports-of-indian-nonbasmatirice/article9077332.ece
Philippines to lift restrictions on rice imports by 2017 The Philippines will open its doors to higher rice imports by next year, its economic minister said on Wednesday, as the government looks to comply with a World Trade Organization (WTO) agreement to lift trade barriers on the staple food. PHOTO: REUTERS Sep 7, 20162:42 PM
[MANILA] The Philippines will open its doors to higher rice imports by next year, its economic minister said on Wednesday, as the government looks to comply with a World Trade Organization (WTO) agreement to lift trade barriers on the staple food.The government will not seek a further extension of the so-called quantitative restrictions on rice, an agreement with the WTO that sets tariffs on rice at 35 per cent and caps the volume of annual imports by the private sector at 805,200 tonnes, Socio-economic Planning Secretary Ernesto Pernia told reporters.The South-east Asian nation, one of the world's biggest rice importers, has kept the restrictions in place since 1995 when it joined the WTO, which has allowed the Philippines two extensions since then. It imports more than a million tonnes of rice a year, mostly from Thailand and Vietnam, including tariff-free purchases by the state grains agency the National Food Authority (NFA).
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Daily Global, Regional and Local Rice E-Newsletter "It's hard to extend it because we have been given extensions already," Mr Pernia said. "I'm sure some people like it extended but in the opinion of the economic team, we prefer to just let it go."Agriculture Secretary Emmanuel Piñol, who believes the Philippines could be self-sufficient in rice production by 2019, wants a further extension, saying local farmers are not yet prepared to compete with cheap imports.But Mr Pernia argued introducing competition in the domestic market should encourage local farmers to improve efficiency. In 2014 the Philippines won WTO approval to keep the import restrictions for three more years to June 2017 after the country agreed to lift the annual import volume from 350,000 tonnes and cut the tariff from 40 per cent. Mr Pernia also said President Rodrigo Duterte's economic team has agreed to remove the NFA's commercial functions, including importing rice to build up stockpiles, making it a purely private business undertaking possibly starting by 2017http://www.businesstimes.com.sg/energy-commodities/philippinesto-lift-restrictions-on-rice-imports-by-2017
Farmers oppose removal of rice import restrictions posted September 06, 2016 at 11:00 pm by Anna Leah E. Gonzales
The Samahang Industriya ng Agrikutura said Tuesday removing the quantitative restriction on rice will not result in lower prices of the staple food.Sinag made the statement after the National Economic and Development Authority and economic managers agreed to remove the QR to lower the country‘s rice prices.―Our QR on rice did not limit us to import more rice, in fact-we have been one of the top importers of rice in the last decade or so. This does not even include the flourishing trade of rice smuggling that continue to hound the local rice industry,‖ Sinag said. The quantitative restriction on rice allows the country to limit the volume of rice imports entering the Philippines. The QR on price expired in June 2012, prompting the Philippines to ask the World Trade Organization Committee on Trade and Goods for an extension until 2017. Earlier, the Philippines under an agreement with the WTO committed to a minimum access volume of 350,000 metric tons of rice with a tariff rate of 35 percent. Rice imports outside the MAV pay higher rates. 17
MAV refers to the minimum volume of farm produce allowed to enter the country. The Agriculture Department in 2014 said the WTO approved the QR extension on rice.
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Daily Global, Regional and Local Rice E-Newsletter Under the new agreement, however, the Philippines would increase the minimum access volume from the current 350,000 metric tons to 805,200 metric tons. Shipments outside MAV will pay a trafiif rate of 50 percent. ―Neda should have consulted the local agriculture industry so it would realize that rice prices are high because the cost of producing rice in the country is one of the most exoensive in the region,‖ Sinag said. The group said the cost of production in the Philippines is around P10 to 12 per kilogram compared with P6 to P10 a kilo in Vietnam and Thailand. Sinag said instead of relying on imports, the government must support rice farmers in the production, credits and insurance coverage, post-production and marketing stage. ―They must also increase the farmgate support of the (National Food Authority) to at least 5 percent of the total palay production,‖ Sinag said. It said the government must also give incentives to local rice millers to modernize their milling operations and facilities. ―Neda should also realize that any discussion on the prospect of the local rice industry should look into the world rice market situation and recently, impacts of extreme weather situation as major considerations,‖ Sinag said http://thestandard.com.ph/business/215409/farmers-oppose-removal-of-rice-import-restrictions.html
Company denies planning to import poisoned rice The group also stated that it stopped importing rice since 2014 when they began cultivating it locally.
Published: 06.09.2016 Chika Ebuzor
Dangote Rice 18
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Daily Global, Regional and Local Rice E-Newsletter
The Dangote
group has issued a statement to deny allegations that it is planning to import
poisonous rice that is Genetically Modified.The group also stated that it stopped importing rice since 2014 when they began cultivating it locally. The organisation also debunked the reports that it wants to flood the market with rice that has Genetically Modified Organisms (GMOs), describing it as false and malicious. An excerpt of the statement signed by the group‘s Social Media Manager, Adedamola Adeniyi, and obtained from Daily Post, said the ”intent of this broadcasts is to bring into disrepute the hard earned reputation of Dangote and actualization of its vision of making Nigeria selfsufficient in rice production. ”Moreover, with the ever watchful eagle eyes of organizations such as NAFDAC, SON, CPC with mandate to ensure food safety, how can a big organisation like Dangote import and flood the market with poisonous rice?” Adding that in ”2014: Dangote signed $1billion agreement with FG or integrated rice production in Kebbi, Niger, Jigawa and Kwara. ”2016, it Started a multi-billion naira Rice Outgrower Scheme over 8,000 hectares in Hadejia, Jigawa State
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19
Daily Global, Regional and Local Rice E-Newsletter ”2016 it created over 10,000 jobs (Direct and indirect) to farmers who are an integral part of the Rice Outgrower Scheme. ” FARO 44 rice seeds distributed to farmers during the Outgrower Scheme was sourced from Africa Rice and certified by the National Agricultural Seeds Council.” In March 2016, the Managing Director of the Dangote Tomato Processing Factory (DTPF), Abdulkadir Kaita, confirmed that the firm started test production. http://pulse.ng/local/dangote-group-company-denies-planning-to-import-poisoned-rice-id5462840.html
Ex-commerce minister faces lawsuit over rice deals THE NATION September 6, 2016 1:00 am
Boonsong
20
COMMERCE MINISTER Apiradi Tantraporn has insisted that his ministry will file a civil liability case against ex-commerce minister Boonsong Teriyapirom and five other people for compensation over the allegedly fake government-to-government rice deals signed under the Yingluck government.Besides
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Daily Global, Regional and Local Rice E-Newsletter Boonsong, three other former politicians and two senior commerce ministry officials were named in the case in connection with the rice-pledging scheme.The allegedly fake government-to-government rice deals involving bogus Chinese buyers led to estimated damages of about Bt20 billion, according to a government report. Earlier, Prime Minister Prayut Chan-o-cha told Apiradi to proceed with the controversial case before the statute of limitations expires in February next year.Apiradi said the ministry would complete its task before the legal deadline, but needed to carefully study the details of the case.The case is sensitive with several agencies involved.Former premier Yingluck Shinawatra faces criminal and civil liability lawsuits similar to those facing Boonsong concerning the rice-pledging scheme, which suffered heavy losses, even though it was popular among farmers who benefited from high rice prices http://www.nationmultimedia.com/politics/Ex-commerce-minister-faces-lawsuit-over-rice-deals30294600.html
10,000 Rice farmers benefit from CBN soft loan in Kano
Ibrahim Adamu-Bello
About 10, 000 rice farmers in Kano State are to benefit from the Central Bank of Nigeria (CBN) Initiated Rice Anchor Borrowers programme, under the first phase. The first batch of 5, 540 beneficiaries have been cleared for participation in the programme while the rest are awaiting clearance from the apex bank to enable them participate. Speaking in Kano, yesterday, the state governor, Dr Abdullahi Umar Ganduje, explained that more farmers would be involved in the programme during the year‘s dry season and subsequent rainy seasons. ―It is envisaged that thousands of rice farmers in the state will take advantage of the programme, aimed at creating profitable linkages between over 600, 000 small holder farmers and large scale processors in Nigeria, with a view to increasing agricultural production and extensively improving capacity utilisation of integrated mills,‖ he added.He noted that the President Muhammadu administration accorded top priority to agricultural production, as one of the viable sources of revenue generation, job creation and ensuring food sufficiency for its teeming populace.
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Daily Global, Regional and Local Rice E-Newsletter https://www.today.ng/business/177847/10000-rice-farmers-benefit-cbn-soft-loan-kano
Government carries rice auction paddy in southern Brazil A new rice Auction bark, bulk, will be held by the National Supply Company (Conab) on the 14th of September. The offer is 17,800 tons, remnants of the last two trading sessions on September 1, when they were offered 35,000 tons.The market acquired 49% of the grain, even if the product being offered at a price 5% below the border region market Rio Grande do Sul, where it is deposited in cities like São Borja, Pelotas, Itaqui, Uruguaiana and others. Conab performs A with the operations, the Minimum Price Guarantee Policy (PGPM), through which purchase the product when the value is below the minimum and returns to the market when it is above the public release stocks price. Source: Conab http://investinbrazil.biz/news/government-carries-rice-auction-paddy-southern-brazil
Duterte admin to amend law mandating rice import quota to lift QR By: Ben O. de Vera @BenArnolddeVera Philippine Daily Inquirer 07:00 PM September 3rd, 2016
The administration of President Rodrigo Duterte will move to amend a decade-old law that put in place the rice import quota in line with economic managers‘ decision to scrap the quantitative restriction (QR) for good next year. ―During the economic sub-cluster meeting held at Malacañang last Aug. 24, the cluster members agreed to allow the lifting of the QR. However, this does not mean an open market domestically, considering the existence of Republic Act (RA) No. 8178, otherwise known as the Agricultural Tariffication Act‖ of 1996, the Office of the Cabinet Secretary said in a statement sent to the Inquirer on Friday night.
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Daily Global, Regional and Local Rice E-Newsletter ―As explained by the Department of Agriculture in the technical working group meeting last Sept. 1, RA 8178 has to be amended to meet and comply with the lifting of the QR. Thus, it is recommended to revisit RA 8178 and amend the same accordingly to provide a harmonized direction on rice importation in the country,‖ it added. The National Economic and Development Authority (Neda) earlier disclosed the decision of economic managers to remove the Philippines‘ quota on rice importation, as the government moves to lower the prices of the said Filipino staple food. Neda Director Reynaldo R. Cancio told an investor conference call last week that repealing the QR on rice will form part of a ―strategic‖ trade policy to be pursued by the Duterte administration aimed at bringing down food prices.In 2014, the World Trade Organization (WTO) allowed the Philippines to extend its QR on rice until June 30, 2017, in a bid to buy more time for local farmers to prepare for free trade in light of the government‘s goal of achieving rice self-sufficiency.Since the government imposes a quota on rice imports, domestic prices are vulnerable to shocks resulting from meager supply. The QR puts the burden of rice supply and demand to the government, whereas the market forces are being limited by the quota system. Pundits say importation should be done by the private sector in order to allow market forces to determine prices.The extended QR slaps 35-percent duty on imported rice under a minimum access volume (MAV) of 805,200 metric tons. Importation outside of the MAV limit are levied a higher tariff of 50 percent.The Philippines‘ most favored nation (MFN) rate—the additional tariff imposed when imported outside of Asean—on the commodity remains at about 40 percent.In 1995, the WTO allowed the Philippines to impose a 10-year quota system for rice importation. The QR was extended in 2004, and then lapsed in 2012, before again being renewed in 2014. http://newsinfo.inquirer.net/812534/duterte-admin-to-amend-law-mandating-rice-import-quota-to-lift-qr
Gov’t to remove rice import quota next year By: Ben O. de Vera @BenArnolddeVera Philippine Daily Inquirer 01:23 AM September 5th, 2016
THE COUNTRY‘S economic managers are in favor of removing import restrictions on rice next year in line with the Philippines‘ commitments under the World Trade Organization (WTO), according to the Office of the Cabinet Secretary. The WTO allowed the Philippines in 2014 to extend its quantitative restrictions (QR) on rice until June 30, 2017, in a bid to buy more time for local farmers to prepare for free trade. ―During the economic subcluster meeting held at Malacañang on Aug. 24, the cluster members agreed to allow the lifting of the QR. However, this does not mean an open market domestically,
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Daily Global, Regional and Local Rice E-Newsletter considering the existence of Republic Act No. 8178, otherwise known as the Agricultural Tariffication Act‖ of 1996, the Office of the Cabinet Secretary said in a statement sent to the Inquirer Friday night. ―As explained by the Department of Agriculture in the technical working group meeting last Sept. 1, RA 8178 has to be amended to meet and comply with the lifting of the QR. Thus, it is recommended to revisit RA 8178 and amend the same accordingly to provide a harmonized direction on rice importation in the country,‖ it said. Lower food prices The National Economic and Development Authority (Neda) earlier disclosed the decision of the economic managers to remove the Philippines‘ quota on rice importation, as the government moves to lower the price of the Filipinos‘ staple food. Neda Director Reynaldo R. Cancio told an investors conference call last week that repealing the QR on rice would form part of a ―strategic‖ trade policy to bring down food prices. Since the government imposes a quota on rice imports, domestic prices are vulnerable to shocks resulting from meager supply. The QR puts the burden of rice supply and demand on the government, whereas the market forces are limited by the quota system. The extended QR slaps a 35-percent duty on imported rice under a minimum access volume (MAV) of 805,200 metric tons. Importation outside of the MAV limit are levied a higher tariff of 40 or 50 percent. In 1995, the WTO allowed the Philippines to impose a 10-year quota system for rice importation. The QR was extended in 2004, and then lapsed in 2012, before it was again renewed in 2014 http://newsinfo.inquirer.net/812826/govt-to-remove-rice-import-quota-next-year
Farmers seek help to cope with more rice imports By: Ronnel W. Domingo @inquirerdotnet Philippine Daily Inquirer 12:05 AM September 6th, 2016
Local farmers need greater government support amid the expected expiration of import curbs for milled rice, which is cheaper than homegrown grains, according to the Samahang Industriya ng Agrikultura (Sinag).
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Daily Global, Regional and Local Rice E-Newsletter The umbrella group of farmers, agri-business operators and party list groups Monday also said the removal of import quotas for milled rice would not cut prices of the staple grain. ―The liberalization of the agriculture sector since the mid-1990s saw the dumping of agriculture imports but it did not redound to the lowering of prices of most, if not all, agriculture products,‖ Sinag chair Rosendo So told the Inquirer. So said that, for example, the garlic industry—which sources as much as 90 percent of supply from abroad— did not see lower prices, and even experienced a price spike. ―Quantitative restrictions on rice did not hinder the importation of greater volumes. In fact, the Philippines has been one of the top importers of rice in the last decade or so,‖ he said. ―This does not even take in to account the flourishing trade of rice smuggling that continues to this day,‖ he added. Sinag believes that, instead of relying on imports ―that only help the rice farmers of rice exporting countries,‖ the government should pursue the ―genuine development‖ of the local rice industry through the following efforts. First, support rice farmers with the provision of farm inputs including seeds, irrigation, credit and insurance coverage, as well as support in the post-and marketing stage. Second, increase the farmgate support price of National Food Authority. And third, provide incentives to local rice millers who want to modernize their milling operations and facilities. So said the cost of producing palay in the Philippines was around P10-P12 per kilo while farmers in Vietnam grow palay at P6.50 a kilo and in Thailand and India at about P9 a kilo. The import quota system—which will expire on June 30, 2017, even if the government does not lift it—commits the government to allow into the Philippines a minimum of 805,200 tons yearly. http://business.inquirer.net/214546/farmers-seek-help-cope-rice-imports
Big rice crop rebound but PNG turmoil adds to price worries ANDREW MARSHALL 05 Sep, 2016 07:12 AM
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Daily Global, Regional and Local Rice E-Newsletter
Irrigation water supplies will enable production of an 800,000 tonne rice crop this summer, but despite threats to its valuable Papua New Guinea market, SunRice has buyers for 900,000t of Riverina rice. Surging water storage levels are set to revive southern Australia‘s irrigated rice crop area by more than 200 per cent this summer, but new overseas market challenges now loom menacingly on the horizon. After surviving a serious water allocation shortage which shrank the 2016 harvest to just 244,000 tonnes, national rice marketer SunRice is bracing for potential turmoil in its valuable Papua New Guinea market, plus falling global prices and local deregulation threats to market stability. In PNG an Indonesian-backed venture has been sanctioned by government to take over 80 per cent of the rice market next year.
SunRice executives are in PNG this week trying to negotiate ways to reduce the quota decision‘s impact on the company. The devalued PNG kina and declining economic activity are also weighing heavily on SunRice‘s 66 per cent owned business, Trukai, which currently supplies more than 70pc of the market, primarily with medium grain Japonica-style rice. Trukai also faces new competition from cheaper long grain rice imports and rice distributed free as food aid. Trukai contributed $364m in sales to SunRice‘s $1.3 billion earnings last financial year. Farmerowned SunRice defied the past year‘s tough seasonal conditions and market pitfalls to post a $52 million after-tax profit for 2015-16 (up six per cent), despite revenue from its rice pool sliding 18pc after the 2015 harvest contracted to 690,000t. The company has markets for more than a million tonnes of rice a year and its international business is growing. It had to pull out all stops to source extra grain overseas when this year‘s crop tonnages fell significantly further to their lowest point since the Millennium drought. Its US business, SunFoods, is helping fill the shortfall, as have new direct contracts in Asia farmers and supplies sourced elsewhere overseas. Chairman, Laurie Arthur, is ecstatic about the prospect of much
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Daily Global, Regional and Local Rice E-Newsletter more irrigation water available in NSW this summer, with SunRice now tipping the crop could yield about 800,000t. http://www.farmweekly.com.au/news/agriculture/agribusiness/general-news/big-rice-crop-rebound-butpng-turmoil-adds-to-price-worries/2753674.aspx
Rice industry rushes to disarm single desk critics ANDREW MARSHALL 06 Sep, 2016 08:20 AM
The rice industry is rallying its troops to safeguard the last of Australia‘s grain ―sacred cows‖ – NSW‘s rice export marketing single desk. Growers are being called to action to lobby hard to retain the monopoly in stark defiance of federal government‘s Productivity Commission recently finding ―little or no evidence of a sustained and positive price premium for Australian rice exports in world markets‖. Farmers have received pro-forma documents to help them prepare their own submissions to the NSW government by next week in support of the national exporter SunRice keeping its unique status.
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Daily Global, Regional and Local Rice E-Newsletter While the domestic rice market has been open to numerous local traders and importers for 10 years, about 80 per cent of the nation‘s crop is exported by Riverina-based farmer-owned processor, SunRice. It has the exclusive rights to sell overseas on behalf of the NSW Rice Marketing Board (RMB), which has held compulsory vesting rights over the NSW crop for almost 90 years. The vast majority of Australian rice grows in southern NSW, although SunRice is also promoting production in North Queensland. A handful of NSW North Coast producers grow subtropical dryland varieties for the domestic market. ―I want to add another call to action for those of you who support the renewal of vesting and sole and exclusive export arrangements to make a submission,‖ said SunRice chief executive officer Rob Gordon at last month‘s annual general meeting. Independent calculations suggest SunRice achieved an $82 million price premium for the Australian export crop in 2015 alone because as a single marketer it was not compelled to duplicate export costs, or cut export prices, while vying with other local rivals to win sales in the crowded global rice market. Mr Gordon said the quantity and quality of pro-vesting submissions would be important in potentially influencing the marketing review, and a final political decision made by the state government. SunRice chairman, Laurie Arthur, noted 93pc of submissions to the state government‘s regular review four years ago supported the rice single desk. Rice Growers Association of Australia president, Jeremy Morton, said RGA members had ―overwhelming‖ supported the benefits the single desk provided growers and rice growing communities. ―I don‘t sense any mood for change among farmers or in political circles,‖ Mr Morton said ―But we‘re definitely not taking the single desk for granted and we‘ll certainly aim to get as many submissions supporting our case as possible.‖ However, some growers do question the desk's value, including prominent Sydney stockbroker, Colin Bell, whose big Burrabogie Pastoral Company grows rice in South West NSW.
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Daily Global, Regional and Local Rice E-Newsletter He was a leading opponent in the 2012 review process, arguing the RMB presented "no objective, factual and compelling evidence" to show why growers were better off with SunRice handling all their export crop. In July the Productivity Commission‘s preliminary review of agriculture sector regulation questioned the value the single desk, too, finding the rice industry achieved an annual premium on global markets averaging just $3 a tonne more than equivalent Californian rice between 2003 and 2013. Similarly it found a premium of just $3t on sales to the Middle East and North Africa (about 36pc of SunRice‘s market), but hefty premiums for New Zealand sales (10pc of the market) worth $379/t. However, in the 24 years between 1989 and 2013t the commission found average international returns were $52/t below the US price and $120/t less for Middle East sales. It argued single desk rules persisting in the rice industry and at Western Australian Potato Marketing Corporation should be abolished, saying the price premiums achieved were not necessarily evidence of regulated marketing working. It‘s report admitted it was difficult to estimate the extra price value added by SunRice‘s export packaging process, but said other price premiums could also be achieved by normal commercial innovation. RGA‘s Mr Morton described the commission‘s analysis as ―a pretty light look at the rice industry‖ influenced strongly by a philosophical opposition to regulatory costs. ―It‘s always hard to prosecute your case when the economic rationalists don‘t want to have a close look at the whole picture,‖ he said. ―There are significant overseas government restrictions to trading rice, but the single desk helps Australia‘s small industry make the most of our export position and create significant value for growers and our regional economy.‖ http://www.farmweekly.com.au/news/agriculture/cropping/general-news/rice-industry-rushes-to-disarmsingle-desk-critics/2753686.aspx?storypage=0
Rice Prices as on : 07-09-2016 12:34:31 PM
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Daily Global, Regional and Local Rice E-Newsletter Arrivals in tonnes;prices in Rs/quintal in domestic market. Arrivals Current
Price
% Season Prev. Prev.Yr Modal change cumulative Modal %change Rice
North Lakhimpur(ASM)
21.10
27.11
1943.60
1900
1900
NC
Lakhimpur(UP)
12.00
-20
667.50
2390
2380
11.68
Mirzapur(UP)
6.50
-7.14
1639.10
1985
1980
1.02
Silapathar(ASM)
6.00
NC
714.80
3000
3000
N
http://www.thehindubusinessline.com/economy/agri-business/article9080360.ece
Rice Prices as on : 06-09-2016 08:10:22 PM Arrivals in tonnes;prices in Rs/quintal in domestic market. Arrivals Current
Price
% Season Prev. Prev.Yr Modal change cumulative Modal %change Rice
Gadarpur(Utr)
3223.00
Bazpur(Utr)
2516.18 322.32
Mathabhanga(WB) Srirampur(ASM)
57.53 140438.00
2075
2210
6.14
53987.19
1980
1825
8.55
110.00
37.5
5830.00
2450
2450
25.64
90.00
80
4915.00
3000
3000
17.65
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Daily Global, Regional and Local Rice E-Newsletter Siliguri(WB)
90.00
NC
7136.00
2600
2600
-
Kalipur(WB)
78.00 -20.41
7795.00
2350
2350
20.51
Gauripur(ASM)
50.00
38.89
3128.50
4500
4500
NC
Beldanga(WB)
50.00
-9.09
2938.00
2480
2450
5.53
Partaval(UP)
30.00
-25
1762.00
2150
2150
12.57
Kolaghat(WB)
20.00
-9.09
1089.00
2450
2450
2.08
Tamluk (Medinipur E)(WB)
20.00
-9.09
1080.00
2450
2450
2.08
North Lakhimpur(ASM)
16.60
15.28
1922.50
1900
1900
NC
Lakhimpur(UP)
15.00
7.14
655.50
2380
2400
11.21
Naugarh(UP)
14.50
26.09
966.50
2110
2100
9.33
Dibrugarh(ASM)
12.00
100
1517.40
2450
2450
-
Alappuzha(Ker)
10.00
NC
220.00
4550
4600
17.42
Raiganj(WB)
9.00
28.57
1078.50
2750
2700
-1.79
Mirzapur(UP)
7.00
-6.67
1632.60
1980
1985
0.51
Karanjia(Ori)
6.50
30
413.80
2700
2700
3.85
Silapathar(ASM)
6.00
NC
708.80
3000
3000
NC
Robertsganj(UP)
6.00
20
770.50
1995
1970
7.26
Champadanga(WB)
6.00
-62.5
1195.00
2700
2650
5.88
Uluberia(WB)
5.00
-7.41
262.90
2400
2400
NC
Bishalgarh(Tri)
2.90
3.57
17.60
3000
3000
-6.25
http://www.thehindubusinessline.com/economy/agri-business/article9075981.ece
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31
Daily Global, Regional and Local Rice E-Newsletter APEDA AgriExchange Newsletter - Volume 1551 Market Watch Commodity-wise, Market-wise Daily Price on 03-09-2016 Domestic Prices Product
Unit Price : Rs per Qty
Market Center
Variety
Min Price
Max Price
1
Aroor (Kerala)
Other
3000
3200
2
Dibrugarh (Assam)
Other
2000
2900
3
Khatra (West Bengal)
Other
2250
2350
1
Hoskote (Karnataka)
Other
1917
1917
2
Satna (Madhya Pradesh)
Other
1550
1717
3
Deoli (Rajasthan)
Other
1580
1691
1
Barnala (Punjab)
Other
2200
2400
2
Pilibhit (Uttar Pradesh)
Other
1240
1280
3
Taura (Haryana)
Other
1800
2000
1
Anchal (Kerala)
Other
1500
1800
2
Nagpur (Maharashtra)
Other
400
600
3
Deogarh (Orissa)
Other
1500
2500
Rice
Wheat
Papaya
Cabbage
Source:agmarknet.nic.in
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Daily Global, Regional and Local Rice E-Newsletter 09/06/2016 Farm Bureau Market Report Rice High Low Long Grain Cash Bids - - - - - Long Grain New Crop - - - - - -
Futures:
ROUGH RICE High Low Last Change Sep '16
938.5 -17.5
Nov '16 968.0 950.5 952.0 -17.0 Jan '17 990.0 980.0 978.0 -16.0 Mar '17
1002.5 -15.5
May '17
1024.0 -15.5
Jul '17
1044.5 -15.0
Sep '17
1044.5 -15.0
Rice Comment Rice futures ended lower across the board. Nationwide, 15% of the crop is now rated poor to very poor, and another 27% is in fair condition, with 35% of the crop harvested. In Arkansas, the percentage of the crop rated poor to very poor is 24%, with 31% of the crop harvested. Excessive heat caused blanking and has hurt yields, and excessive moisture in late summer has caused quality problems. However, abundant
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Daily Global, Regional and Local Rice E-Newsletter world supplies and declining prices in Asia continue to loom large over the market. India is expecting a large crop following a beneficial monsoon season. Technically, November charted a bearish outside day last Thursday, which hasn‘t been negated at this point, although trading has been confined within that range for the past two sessions.
California Rice Research and Industry on Display By Peter Bachmann
BIGGS, CA - The University of California Rice Experiment Station held its annual field day here last week and USA Rice was on hand to participate. President and CEO Betsy Ward and Vice President of Government Affairs Ben Mosely toured the grower-funded research plots and heard from the University's researchers who are working to further improve upon California's high quality/high yielding varieties. It was a great opportunity to visit with hundreds of growers, researchers, industry advocates, and partners on a fine summer day in Biggs.
Getting the lay of the land (Photo credit: Jim Morris, California Rice Commission)
The California Rice Commissions' Executive Committee also met with Ward and Mosely to review policy and program alignment plans for the coming year and to discuss the importance of coordinated approaches on trade, communications, and farm policy. In addition, The Sun Valley Rice Company in Arbuckle hosted a roundtable meeting with U.S. Trade Representative Ambassador Darci Vetter and California rice industry leaders to discuss pending trade deals, the Trans Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The California visit wrapped up with a trip to the rice farming operations of USA Rice Council Chair Sean Doherty in Dunnigan. "I'm pleased we were able to participate in another excellent California field day," said Ward. "Dr. Kent McKenzie always puts on an impressive show, and I think he would agree that the grower funds are essential to the success in developing new rice varieties. It was good to have Ambassador Vetter on hand to see the care and precision that goes into growing the high quality California crop each year."
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Daily Global, Regional and Local Rice E-Newsletter
The California rice crop is proceeding well and acreage is back up to 560,000 - a 33 percent increase over what was planted last year. Farmers are beginning to harvest this week and expect to be finished by midOctober.
USA Rice Daily, Tuesday, September 6, 201
Fisher Delta Center Celebrates 55th Annual Field Day By Chuck Wilson
PORTAGEVILLE, MO - USA Rice sponsored and exhibited at the University of Missouri Fisher Delta Center Field Day on Friday. More than 500 people, including producers, agribusiness representatives, and local, state and national elected officials, as well as many new candidates for office attended an appreciation breakfast before going on field tours.
Senator Roy Blunt (R-MO) and Congressman Jason Smith (R-MO) were keynote speakers. Each emphasized the importance of agriculture research with the global population growth that is projected as well as highlighting the Environmental Protection Agency overreach that is harming American farmers.
Blunt talk
The field tours began late in the morning with the sun shining and perfect temperatures in the low 70's, which made absorbing the valuable information presented that much easier. The rice tour discussed Bootheel productivity of a number of different cultivars from each rice-producing state, the use of coal burning power plant's byproduct of gypsum as a sulfur source for field applications, and discussed evaluations of new technology available for farm management. One, a phone app called Crop Water Use from the University of Missouri, is designed to help schedule irrigation and predict rice growth stages. Another phone app discussed is from Oklahoma State University and called Canopeo. It analyzes photographs of your rice crop taken with your cell phone to
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Daily Global, Regional and Local Rice E-Newsletter create a threshold that could help make midseason N decisions.Both are excellent examples of technology helping farmers grow the food we need and love.
Rice Loans to Be Disbursed Soon Cambodia‘s beleaguered rice millers can now breathe a sigh of relief after a tumultuous three months in what seemed to be government ineptitude in disbursing an emergency loan of $30 million to prevent them from becoming insolvent. In June, the Cambodia Rice Federation (CRF) announced that the government agreed to make out loans of between $20 million and $30 million to help rice millers purchase paddy rice from farmers after the harvest this November to store in warehouses and process for export.
The loans were to be made to CRF, using the Rural Development Bank (RDB), with the foundation acting as guarantor. The CRF in turn would screen all applicants and hand out the money to deserving rice millers, currently reeling from the aftereffects of the severe drought and facing stiff competition from low-grade rice flowing into the country from Vietnam.
But three months later, the loans have yet to be made and a specter of doom and gloom hangs over the sector because there is only a short three or four-week window of opportunity to buy paddy rice from farmers for milling in November. If this was missed, rice millers said, the harvested paddy rice would be sold by farmers to rice millers in neighboring countries. Now, there seems to be light at the end of what seemed to be a long tunnel.―Though the emergency rice loan from the government was stuck due to bureaucratic red tape, both the CRF and the Ministry of Economy and Finance were in close negotiations to break the stalemate,‖ said Kao Thach, executive director of RDB.Mr. Thach said the issue in question was the repayment period and guarantee for the loans. ―That issue now is nearly resolved and I believe the loans will be disbursed [from the government] through the RDB for CRF members. Though there is no definite date, I am confident the loans can be given to rice millers before the harvesting season,‖ he said.
Mr. Thach said the RDB was working with CRF to enable millers to use the rice stored in their warehouses as collateral for the loans.―This arrangement is necessary because these rice millers have no other means to guarantee repayment of their borrowed money,‖ he said.
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Daily Global, Regional and Local Rice E-Newsletter According to RDB, the loan will be disbursed with an eight percent interest rate and a one-year repayment period.
Mr. Thach refused to reveal to Khmer Times the number of rice millers that had applied at RDB for the loans. He, however, said the number of applications was increasing.CRF vice president Hun Lak said the CRF had worked hard with the government to overcome obstacles for the disbursement of loans to the rice millers.―We see light at the end of the tunnel now and our negotiations with the government is making headway,‖ said Mr. Lak. Chan Sokheang, chairman of rice export company Signature of Asia, said rice millers had to have the promised government emergency loans disbursed to them soon before the harvest season in November so that they can make plans to earmark purchases from farmers in the short harvest period http://www.khmertimeskh.com/news/29421/rice-loans-to-be-disbursed-soon/
Woman rep aspirant accused of selfish interests Sep. 07, 2016, 2:00 am By GEOFFREY KIBISU
Mwea MP Peter Gitau has said businesswoman and aspiring Kirinyaga woman representative Wangui Ngirici does not have the people‘s interests at heart. He said yeterday she is among business people importing cheap Pakistan rice and flooding the market to the detriment of farmers. Gitau spoke to the Star on the phone . He said most Kirinyaga residents are rice farmers, citing Mwea constituency, parts of Kianyaga constituency and Ndia constituency. Gitau said Ngirici wants to be elected to protect her business interests. But Ngirici said it is Gitau‘s duty as a legislator to introduce a bill to regulate importation of rice if he feels the Kenyan market is flooded with cheap rice of low quality. http://www.the-star.co.ke/news/2016/09/07/woman-rep-aspirant-accused-of-selfish-interests_c1415486
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