19th december,2013 daily global rice e newsletter by riceplus magazine


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19th december,2013 daily global rice e newsletter by riceplus magazine

  1. 1. 19th December , 2013 Share developments in RICE and allied sectors, Promote the Concept of Knowledge Economy Dear Sir/Madam, YOUR IDEA has a great worth---JUST share it through RICE PLUS 10000+ stakeholders of rice industry read & apply various ideas and analysis written by the authors. Be the part of Rice plus authors Visit: www.ricepluss.com,www.publishpk.net mujahid.riceplus@gmail.com riceplus@irp.edu.pk TOP Contents - Tailored for YOU Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  2. 2. Latest News Headlines…             World rice market to shrink Food agency imports P9-b Vietnam rice Palay, corn production in NorMin post growths in Q3 Southeast receives USDA funds to help rice cultivation, small businesses Tanzania embraces new system of growing rice Hindustan Unilever forays into premium basmati rice Nigeria can begin rice exportation in 2014 – Official Rice boils over as election issue in Thailand Rice seen ruling at current levels TABLE-India Grain Prices-Delhi-Dec 19Nagpur Foodgrain Prices Open-Dec 19 BAAC union denies late payment for rice scheme Shrinking demand hits Vietnam rice NEWS DETAILS: ‘World rice market to shrink’ Category: Asean Economic Community 18 Dec 2013:Written by Asia News Network/MCT BANGKOK—The Thailand Development Research Institute (TDRI) expects lower consumption, plantation area and prices for rice worldwide next year, while urging the government to speed up zoning for quality rice productionDelivering a lecture on ―The Future of Thai Rice on the Global Stage‖ on Monday, Nipon Poapongsakorn, a TDRI distinguished fellow, said that between 1990 and 2008, worldwide rice consumption per capita dropped by 0.11 percentage point, and even lower consumption figures are expected in the next 10 to 15 years.The reduction is due to rising incomes, especially in Asia, along with urbanization and changing lifestyles amid a slowdown in the growth of the world‘s population, he said.Based on a recent study, rice consumption across the world is projected to rise at a gradual pace from 430 million tons in 2008 to between Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  3. 3. 450 million and 470 million tons in 2020, he said. After that, rice consumption is forecast to drop to 360 million tons in 2050. White rice is expected to become rarer in the market, while quality rice becomes more popular, if consumers‘ incomes rise as projected. Some countries may stop importing white rice altogether.Nipon said rice-plantation areas would likely shrink because of water shortages and higher costs in the future. To meet demand for rice and while keeping its prices affordable, the world‘s rice production per rai needs to be increased, he said.Offshore consumers have been buying more jasmine rice from Lao PDR and Cambodia after Thai farmers cranked up production to cash in on the government‘s pledging scheme, resulting in a decline in quality, he said. Thailand‘s rice exports fell from 10 million tons in 2011 to 6.95 million tons last year.Thai farmers should combine rice fields for bigger plots and use machines to lower production costs. There‘s no need for the rice pledging. In 2014 rice prices will trend lower as they follow the global prices,‖ Nipon said. Yukol Limlamthong, the caretaker agriculture minister, said rice trading was expected to see higher competition as Asean countries, including Thailand, Vietnam, Laos, Cambodia and Myanmar, all aim to become leading producers.Thailand may need to adjust to this rising competition, as rice production is as low as 300 kilograms per rai (1,875 kg per hectare) in some areas, he said. Thailand‘s average rice production is 509 kg per rai.The Ministry of Agriculture has a policy to promote zoning for rice production, and it is in the process of gathering data for each province, Yukol said. The plan includes establishment of basic infrastructure and irrigation systems for efficient rice production. Farmers may need to improve production of quality rice. The government may need to improve transparency in the rice-pledging scheme, Nipon said, adding that an independent committee might have to be set up to monitor the government‘s rice warehouses.Previously, the government could not explain all the issues arising from the pledging program and that could lead to corruption, Nipon said. Such issues include apparently missing rice stocks, uncertain financial accounting, and nonpayment to farmers. These issues need to be settled, he said.Kobsook Iamsuree, president of the Thai Rice Exporters Association, said the country had lost its export competitiveness, with the volume of rice exports declining continuously from previous years. ―The government‘s rice-pledging scheme has resulted in high prices for Thai rice in the world market. The export problem has led to a huge volume of unreleased rice in the stockpiles. Many importing countries, such as the Philippines and Indonesia, have lost interest in Thai rice and shifted their orders to rival countries, such as Vietnam, that offer lower prices than Thailand,‖ Kobsook said.Prasit Boonchey, chairman of the Thai Farmers Association, said farmers were burdened by very high plantation costs, and the government‘s zoning policy would not do anything about reducing costs. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  4. 4. In Photo: Noothuan Wongthong, a 52-year-old farmer, works in a rice field in Kambon village, northeast of Bangkok. As Thailand‘s economy boomed, and the country became one of Southeast Asia‘s financial powerhouses, millions of farmers struggled in villages that had barely changed since the days of their grandparents. (AP) Food agency imports P9-b Vietnam rice Rio N. ArajaDec. 20, 2013 at 12:01am IN the aftermath of typhoon Yolanda and other calamities that hit the country this year, the National Food Authority has opted to import 500,000 metric tons of rice from Vietnam in a deal valued at P9.7 billion.The stocks are meant to serve as buffer for the lean months of July to September in 2014, NFA spokesman Rex Estoperez said at a news conference.The rice import was awarded to Vietnam on a government-to-government tender to augment the NFA‘s buffer stock that was depleted due to the ―abnormally huge requirement for relief operations‖ in Region 8, particularly in Tacloban City, Leyte and Eastern Samar.Even the rice supply in Metro Manila has been affected by the impact of typhoon Yolanda that flattened Leyte and Eastern Samar and killed over 6,000 people on Nov. 8, he said. ―In Metro Manila (Villamor air base) alone, 761,000 bags have been distributed for relief operations,‖ he told reporters.After an earthquake shook Bohol on Oct. 15, typhoon Santi that flooded a major rice-growing region on Oct. 12, and typhoon Yolanda on Nov. 8, the country‘s rice self-sufficiency bid also went down the drain.Estoperez said NFA has only an available buffer stock of the staple for 10 days. Local palay harvest would be brought in by the private sector, and not NFA, for the commercial market.―The NFA buffer stock should be protected for our food security in July to September when there is very little harvest and natural calamities, such as typhoons remain a threat,‖ Estoperez said.―We have quality assurance officers to ensure that the imported rice from Vietnam is of good quality.‖Yolanda affected 137,225 MT of palay planted in 81,056 hectares of land in Regions VI, VII and VIII.According to the Department of Agriculture, damage to rice lands stood at P2.23 billion. Palay, corn production in NorMin post growths in Q3 Friday, December 20, 2013 PALAY production in Northern Mindanao posted improvement in the third quarter of 2013 as it grew by 19 percent compared to the production in the same quarter in 2012.Total palay produced in the region increased from 151,278 metric tons last year to 180,481 metric tons this year with both irrigated and rainfed palay posting growths, Engr. Cecilio Y. Clarete, chief economic development specialist of the Development Research Division of National Economic and Development Authority (NEDA) in the region said in a media forum held Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  5. 5. recently at the NEDA conference room.He said the positive performance was attributable to the good production in the provinces of Bukidnon, Camiguin, Lanao del Norte and Misamis Occidental. The 79 percent production increase in Lanao del Norte was due to sufficient rainfall which benefited the province‘s rainfed/upland production areas as well as to the movement of harvest to the third quarter, Clarete said.He further said that the completion of the repair of irrigation canals also contributed to the 35 percent increase palay production in Misamis Occidental in addition to the early plantings harvested during the quarter and more rainfed/upland areas cultivated in Bonifacio, Tangub and Ozamiz City.Clarete said the region‘s average yield also improved by 4.74 percent from 4.59 to 4.78 tons per hectare in irrigated areas and 3.15 to 3.26 tons per hectare in rainfed areas.Yield improvement was most notable in Camiguin, Lanao del Norte and Misamis Occidental. Clarete said the positive yield was due to sufficient irrigation water, lesser occurrence of infestation of diseases and pests, and use of high yielding variety of seeds.Lanao del Norte also benefited from the rice rattooning especially in areas covered by the National Irrigation Administration and communal irrigation system, he added.Overall, the total value of palay for the third quarter amounted to P3.072 billion, up by 24 percent, as a result of the increased production volume and rise in the average farm gate price from P16.36 to P17.02 per kilogram. Meanwhile, corn production in the region went up by 13 percent reaching 508,581 metric tons in the third quarter of 2013.Increases were more pronounced in Bukidnon and Camiguin for both white and yellow corn varieties.The 200 percent increase in yellow corn production in Lanao del Norte was due to the shifting by some farmers from white corn to yellow corn.Clarete said the average corn yield also grew by 5.52 percent with Lanao del Norte posting the lowest increase in yield by only 0.63 percent due to the hot weather condition during the reproductive stage in some municipalities of the province.Although some corn farmers in Misamis Occidental shifted to commercial and cash crops, and those in Misamis Oriental to pineapple, palm oil, passion fruit and tobacco, Clarete said both provinces still managed a positive yield due to sufficient rainwater, less prevalence of pests and diseases and favorable weather, and increase usage of RR seeds. PIA-10 Southeast receives USDA funds to help rice cultivation, small businesses Thursday, December 19, 2013 By Ruth Campbell ~ Southeast Missourian Two U.S. Department of Agriculture grants for Southeast Missouri State University and the university's Missouri Innovation Corp. -- one for $100,000 and the other for $1 million -- were announced Wednesday.The university received a Rural Business Enterprise Grant of $100,000 and the Missouri Innovation Corp. was awarded an Intermediary Relending Program award of $1 million, a USDA news release said.The funds awarded to Southeast will go toward building a greenhouse in Malden, Mo., for rice breeding research, and the Missouri Innovation Corp.'s Rural Development award will be used to establish a revolving loan fund, the Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  6. 6. release said. The loan funds will be available to small businesses in Southeast Missouri and are expected to result in the creation of 200 jobs, according to the release. USDA area director Phyllis Minner made the announcement in the Indian Room of the University Center on campus.Among the roughly 40 people attending the announcement were Southeast officials, including Southeast president Kenneth Dobbins; James Stapleton, executive director of the Douglas C. Greene Center for Innovation and Entrepreneurship at Southeast and associate professor of management in the Harrison College of Business; and Mike Aide, chairman of the department of agriculture; along with state Sen. Wayne Wallingford and Rep. Kathy Swan, representatives from the offices of U.S. Rep. Jason Smith and U.S. Sens. Claire McCaskill and Roy Blunt."Rural Development is charged with the mission of improving the quality of life for rural Americans," Minner said. "These two projects we have today ... [are] a great example of the partnership that we have with the university to achieve this mission, so I want to congratulate the university [the] hard work they put into obtaining these two grants."According to the release, through new rice breeding techniques, producers may experience improved quality and larger yields during harvest. "These rice production advancements could lead to an improved quality of life through increased agricultural revenue," Rural Development state director Janie Dunning said in the release. Dunning was scheduled to be at Southeast, but did not make it. "The Missouri Innovation Corporation's lending project will infuse much-needed cash into worthwhile projects which will lead to job creation."Stapleton said the Missouri Innovation Corp. will be able to use the money to help businesses get started."I can say that these funds are the kind of funds that go ... [to] work immediately creating jobs. They support businesses that both are in startup or early phases and those businesses that have opportunities to grow in the region," he said. "And working with the commercial lenders in the region, these funds will be used primarily to fill the kinds of gaps that often exist where the commercial lenders have constraints, where they can't fully fund a project for a small or emerging business." Dobbins said the grants will benefit students and current and future rice growers."We take now our ag program south. That is so important because, as you know, 40 percent of all agricultural products in the state of Missouri are either grown or raised in Southeast Missouri ...," Dobbins said. Tanzania embraces new system of growing rice Rice farmers of Morogoro, Tanzania,have adapted a new system that is weather friendly and cost effective.They are happy that with the new system, their rice can stand prolonged droughts and storms.Until recently, farmers in this village located 218km (135 miles) from the capital Dar es Salaam, believed it was impossible to grow rice without flooding the field.But due to water shortages, the new technique known as 'System of Rice Intensification' (SRI), reduces the need to supply water to the fields. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  7. 7. With this system seedlings are grown in a non-flooded nursery and replanted, at a shallow depth of only 1-2 cm deep in a paddy field.The plot is then left to dry until cracks become visible when another thin layer of water is introduced, unlike in the past when large amounts of water were supplied in the field.As the rice seedlings grow some farmers irrigate every evening, others leave the fields to dry over a 3-8 day period, depending on soil and climate conditions.With this system farmers have been able to reduce on the use of chemical fertilizers and production costs and as a result, their incomes have greatly improved. Happy farmers Mwajuma Ramadhani, a farmer from Kiroka village can now plan for her children's education better than before as she doesn't have to worry about food for her family anymore.The 47-year-old widow is among farmers who can testify on the benefits of the new system. ―I am very happy with this technique because since I started using it, my crop yields have gone up, she told DW,‖ I can now get enough food for my family and sell the surplus.‖ From her humble beginnings, Ramadhani hardly got 5 bags of rice per acre when she was still using the old method, but with SRI her yields have remarkably improved.―I harvested 30 bags of rice last season and that was the highest since I started using this method‖ she said.Morogoro Rural Agriculture Field Officer who oversees farming activities in the village, Edith Kija told DW that with SRI paddy seedling can thrive well with minimum soil moisture.―We tell them to keep a distance of 25cms between paddy seedlings to provide room for the robust growth and redistribution of the stems,‖ she said.Every farmer in Morogoro has a positive story to tell about SRI because the Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  8. 8. new technique has not only enabled them to conserve land but also be mindful about the effects of climate change. International support Under the project,' Strengthening the capacity for climate Change Adaptation through Sustainable Land and Water Management', the United Nation's Food and Agriculture Organization (FAO) has trained 268 farmers with multiple skills to prevent soil erosion, reduce deforestation and manage water and soil fertility.FAO representative to Tanzania Diana Tempelman, told DW that the agency promotes conservation agriculture in Tanzania with the view to reduce carbon emissions and also to increase carbon sequestration in the soil.―We are aiming to work together with local populations in Tanzania who can identify crop varieties suitable for drier circumstances,‖ she said. Farmers don't have to grow rice only in flooded fields after the SRI technique was introduced Fighting soil erosion.To address soil erosion, farmers in Tanzania have been taught to dig contours bunds locally known in the Swahili language as ‗Fanya Chini' in order to maintain soil fertility.―We trained them how to align the contours using local tools, we also encouraged them to grow barrier crops including pineapples and bananas to strengthen the bunds,‖ said Henry Mahoo, a professor of agricultural engineering who supervised the project.Rajabu Juma is one of the veteran farmers at Kiroka who finds water and soil management skills useful as he applies them on his farm.―My friends see digging of trenches as an inconvenience, but I have seen the benefit since I am able to retain water and soil fertility,‖ he said.The 60-year-old is among Kiroka farmers who have accepted multiple interventions to protect their livelihoods. Climate change impacts According to Economics of Climate Change study published in 2011, the country's average temperature has increased over the last 30 years with rainfall becoming erratic.The government estimates that, without proper adaptation, yields from crops like maize could fall by up to 16% by 2030 which translates into a million tonne per year.According to Prof. Mahoo, climate change has triggered the dwindling of water resources which have affected irrigation schemes thus causing water conflicts.―We may not be the major cause of climate change but since it is a global issue we are entangled,‖ he said.Prof. Mahoo said rice intensification system has been effective to most farmers in the lowlands who are affected by water shortages.―Most farmers are better off with Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  9. 9. this method because rice production can increase up to four folds, last year we had a farmer who produced11.6 tonnes of rice per hectare,‖ he said. Hindustan Unilever forays into premium basmati rice Sagar Malviya, ET Bureau Dec 19, 2013, 04.00AM IST Tags:Wheat|premium|net worth|Insurability|HUL|Hindustan UniLever|Gold Seal Indus Valley|Gold|commodity business|brands|basmati rice NEW DELHI: Hindustan Unilever has entered the premiumrice market with the launch of Gold Seal Indus Valleybasmati rice, almost a decade after scaling down itscommodity business.An HUL spokesperson said the brand, which was being exported to countries in the Middle East till now, would now be made available in select Indian cities through the modern trade channel before taking it to other cities in a phased manner next year.HUL tried to ramp up its packaged foods portfolio by launching wheat flour, soups and sauces a decade ago. It later scaled back its presence in flour and salt and withdrew from biscuits market due to low profit margins.The company plans to keep Gold Seal Indus Valley basmati rice in the premium segment rather than competing with popular brands such as Kohinoor and Daawat. Nigeria can begin rice exportation in 2014 – Official The official said Nigeria currently produces about 50 per cent of its rice needs. The acting Director-General of the National Agricultural Seeds Council, Olusegun Olatokun, saidon Thursday that Nigeria had the capacity to begin rice exportation in 2014.Mr. Olatokun told the News Agency of Nigeria in Abuja that with the Federal Government‘s plan to ban rice importation in 2014, the country had no choice but to take advantage of its potential in rice production in furtherance of the Agricultural Transformation Agenda.According to him, once that is done, the country will become self- Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  10. 10. sufficient in rice production and meet all the local demand for rice requirement. ―The total consumption in Nigeria is in the region of about six million tonnes of paddy; what we are producing is in the region of 3.5 millon tonnes. What was left for us to meet up was about 2.5 million tones,‖ he said.―We projected that this 2.5 million tonnes will be met within four years but within two years, we have met more than 80 per cent of what is required.―Give us 2014, you will see Nigeria exporting rice. It is a good thing that they should ban it, if they don‘t, the competition that will come may discourage the rice producers,‖ he added.Mr. Olatokun also alleged that those behind the proposed ban on rice importation wee those involved in the importation business.―There are people that are speaking politically; they know that if this thing (rice importation) is banned, their interest of bringing in the imported goods will be stopped,‖ he said.―We are going to have enough, there will be no anybody going hungry. The only problem is how to make it available to everybody. ―The health benefit of our local rice is better than whatever they are bringing. What we need to do is to do more of network supply so that people can get it anywhere they want.‖The acting director-general said the ban on rice importation would not only encourage local farmers, it would boost the economy of the country and eradicate hunger and poverty. He said the government only needed to be firm in implementing the planned ban so that the sector would be more attractive to the unemployed youth.Mr. Olatokun said because many countries were looking up to the Nigerian agriculture sector, the country should live up to the expectation.Rice is Nigeria‘s major staple food and self sufficiency in rice production is one of the cardinal programmes of the Agriculture Ministry under Akinwunmi Adesina. (NAN) Rice boils over as election issue in Thailand By Michael Peel in Bangkok Mana Nutchyoo has already paid down half a $30,000 purchase of ploughing and pumping equipment for his paddy fields, thanks to Thailand‘s official rice subsidy – but the cash has dried up since October.He‘s annoyed the government had not handed over the money before the country stumbled this month into its latest political crisis – and even more angry with Suthep Thaugsuban, the leader of mass protests that temporarily occupied the finance ministry and have forced an election due February 2.High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  11. 11. ―The government is slow, but we will get the money finally because it‘s in the system,‖ said Mr Mana, 49, who claims he is owed 180,000 baht ($5,580) for a crop from his 9.6 hectare holding in Ayutthaya province north of Bangkok. ―But Suthep‘s mob has interrupted the process.‖As the capital of Thailand roils with Mr Suthep‘s campaign to oust Yingluck Shinawatra, the prime minister, a less noticed but crucial conflict is playing out in the paddies of Ayutthaya and other regions of southeast Asia‘s second-largest economy.The rice subsidy story is the narrative of the Yingluck administration in microcosm, the policy‘s popularity with the country‘s millions of farmers and their dependants set against opposition allegations that it is wasteful, corrupt and a form of votebuying. Already under pressure from slowing economic growth, the government must now fund a flagship initiative that has already soaked up more than $8bn. The politics and economics of rice thus promise to be pivotal to Thailand‘s political future – both during the elections, if they take place, and beyond.Farmers from across the country could soon mount roadblocks and other protests if the Yingluck administration doesn‘t fulfil its pledge to pay them quickly, said Wichien Phuanglamjiak, an Ayutthaya-based rice farmers leader. ―We have to do something to let whoever is in government know the farmers have this serious problem,‖ he said.Just 90 minutes drive from Bangkok, the muddy Ayutthaya paddies tilled by farmers in traditional broadbrimmed hats and pecked at by white egrets immediately summon a world far from the overbuilt metropole and its demonstrations well populated by the urban middle class and their south Thailand allies. Here, on the plains around the capital of the ancient kingdom of Siam, is a hint of the rice growing north Thai heartland that has delivered every election since 2001 to Ms Yingluck‘s older brother, Thaksin Shinawatra, or his allies.Under a scheme begun shortly after Ms Yingluck‘s landslide July 2011 election victory, the government has been buying rice at a guaranteed price of as much as $500 a ton fresh from the paddy, even though international rates for milled rice have fallen well under $450 and are expected to dip further next year.We will have to see their policies. I voted for Puea Thai only because of the rice pledging scheme.Amid growing criticism of the policy from the International Monetary Fund and other observers, huge rice stockpiles have built up and the government has lost $4bn a year officially – and perhaps almost double that, according to other estimates.Many farmers in Ayutthaya and elsewhere in Thailand say they have not been paid for their autumn harvest, amid signs the government has been having trouble funding the scheme. A bond issue in November aimed at raising 75bn baht struggled to generate half that amount. While Ms Yingluck‘s Puea Thai party can count on some residual loyalty from farmers who have done well out of the policy over the past two years, a combination of payment delays and less generous terms introduced by her government will test their support.Saneh Khodsuwan, 59, says the $5,000 he earned from selling his last harvest to the state was at least 50 per cent more than he would have got from dealing directly with private millers – and he expects Puea Thai to commit to similar generosity before he backs it again.―We will have to see their policies,‖ said Mr Saneh, who lived in Australia for 10 years and says he was struck by how farmers there are ―rich‖. ―I voted for Puea Thai only because of the rice pledging scheme.‖Besides, any rural disenchantment with the Yingluck government will not necessarily translate into the opposition democrats Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  12. 12. making up the 4.3m votes by which they trailed Puea Thai‘s 15.7m at the last election. Many Ayutthaya farmers dislike the rice price top-up scheme of the 2008-11 Democrat government that preceded Ms Yingluck, saying landowners pocketed money meant for their rice-growing tenants. ―Some landlords said ‗If you don‘t give me the subsidy, then I won‘t rent you the land‘,‖ said Prasert Poompoung, 46, wearing a pink smock streaked with colours from the casual house-painting he does off-season for about $15 a day. ―I felt powerless.‖One of the many contradictions of Thailand‘s rough yet nuanced politics is that Mr Suthep‘s push to oust the government may inadvertently have done Ms Yingluck a favour, triggering an election before the rice policy has the chance to run into greater financial trouble and further alienate the farmers‘ vote.Mr Mana recalls how the ploughing truck and other machinery he bought with the help of the Yingluck-era subsidy replaced equipment he was forced to sell when he was squeezed financially under the Democrat government – in which Mr Suthep was deputy premier.―I was almost bankrupt,‖ Mr Mana said. ―So if Suthep becomes prime minister, I will prepare to get rid of my truck again.‖ Rice seen ruling at current levels OUR CORRESPONDENT KARNAL, DEC. 19: The rice market may see only need-based buying and prices may rule with marginal fluctuations in the coming days, according to traders.Sluggish demand coupled with ample availability of stocks pulled aromatic and non-basmati rice prices down by between Rs 50 and Rs 400 a quintal on Thursday.Amit Chandna, proprietor of Hanuman Rice Trading Company, said that the lack of buying at all levels pulled rice down.Market sentiments are weak and it is unlikely to see any recovery in rice prices currently, he said.Traders now believe that the market may continue to rule around current levels with marginal fluctuation, Chandna said. In the physical market, Pusa-1121 (steam) eased by Rs 400 to Rs 8,400 , while Pusa-1121 (sela) quoted at Rs 7,500 a quintal, Rs 300 down.Pure Basmati (Raw) quoted at Rs 12,500. Duplicate basmati (steam) dropped by Rs 200 and sold at Rs 7,300.Sharbati (Steam) eased by Rs 100 to Rs 5,000 while Sharbati (Sela) quoted at Rs 4,500, Rs 150 down.PR varieties dropped by Rs 50-100 a quintal. Permal (raw) sold at Rs 2,300 while Permal (sela) was at Rs 2,350. PR-11 (sela) sold at Rs 3,100 while PR-11 (Raw) quoted at Rs 2,950. PR14 (steam) sold at Rs 3,200. Paddy arrivals Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  13. 13. About 5,000 bags of PR paddy arrived and quoted at Rs 1,320, around 20,000 bags of Pusa-1121 arrived and sold at Rs 3,850-4,200, while 4,000 bags of Sharbati arrived and sold at Rs 2,150-2,300 a quintal. (This article was published on December 19, 2013) Keywords: non-basmati rice prices, Pusa-1121 TABLE-India Grain Prices-Delhi-Dec 19 Thu Dec 19, 2013 2:38pm IST TABLE-India Grain Prices - Delhi - Dec 19 Rates by Asian News International, New Delhi Tel: 011 2619 1464 Indicative Previous Grains opening close (in rupees per 100 kg unless stated) ---------------------------------------------------------Wheat Desi 1,700-2,500 1,800-2,600. Wheat Dara 1,750-1,950 1,750-1,950. Atta Chakki (per 10 Kg) 215-240 215-240. Roller Mill (per bag) 1,850-1,950 1,850-1,950. Maida (per bag) 1,900-2,000 1,900-2,000. Sooji (per bag) 1,840-1,940 1,840-1,940. Rice Basmati(Sri Lal Mahal) 12,000 12,000. Rice Basmati(Lal Quila) 11,500 11,500. Rice Basmati(Common) 7,500-7,800 7,600-8,000. Rice Permal 2,400-2,550 2,400-2,550. Rice Sela 3,300-3,500 3,300-3,500. I.R.-8 2,300-2,400 2,300-2,400. Gram 3,280-3,575 3,300-3,600. Peas Green 3,400-3,700 3,400-3,700. Peas White 2,500-2,600 2,500-2,600. Bajra 1,350-1,600 1,350-1,600. Jowar white 1,850-2,100 1,850-2,100. Maize 1,500-1,800 1,500-1,800. Barley 1,500-1,550 1,500-1,550. Guwar 3,300-3,900 3,300-3,900. Source: Delhi grain market traders. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  14. 14. Nagpur Foodgrain Prices Open-Dec 19 Thu Dec 19, 2013 2:44pm IST Nagpur, Dec 19 (Reuters) - Rice varieties reported strong in open market on renewed demand from local traders amid tight supply from producing regions like Chhattisgarh and Madhya Pradesh. Government move to allow more rice exports and healthy hike in Madhya Pradesh rice prices also helped to push up prices, according to sources. * * * * FOODGRAINS & PULSES GRAM * Desi gram raw showed weak tendency in open market in absence of buyers amid profittaking selling by stockists at higher level. TUAR * Tuar varieties ruled steady in open market here matching the demand and supply position. * In Akola, Tuar - 4,300-4,450, Tuar dal - 6,700-6,700, Udid at 4,800-5,100, Udid Mogar (clean) - 5,700-6,000, Moong - 7,000-7,300, Moong Mogar (clean) 7,900-8,100, Gram - 2,800-3,000, Gram Super best bold - 4,000-4,200 for 100 kg. * Wheat and other commodities remained steady in open market in thin trading activity, according to sources. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction n.a. 2,550-2,690 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction n.a. 3,800-4,050 Moong Auction n.a. 4,400-4,600 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 4,000-4,400 4,000-4,400 Gram Super Best n.a. Gram Medium Best 3,700-3,900 3,700-3,900 Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  15. 15. Gram Dal Medium n.a. n.a. Gram Mill Quality 3,250-3,350 3,250-3,350 Desi gram Raw 2,800-2,900 2,900-3,000 Gram Filter Yellow n.a. n.a. Gram Kabuli 7,700-10,000 7,700-10,000 Gram Pink 7,700-8,100 7,700-8,100 Tuar Fataka Best 6,700-6,900 6,700-6,900 Tuar Fataka Medium 6,200-6,400 6,200-6,400 Tuar Dal Best Phod 6,000-6,200 6,000-6,200 Tuar Dal Medium phod 5,600-5,800 5,600-5,800 Tuar Gavarani 4,150-4,300 4,150-4,300 Tuar Karnataka 4,400-4,500 4,400-4,500 Tuar Black 7,000-7,100 7,000-7,100 Masoor dal best 5,400-5,500 5,400-5,500 Masoor dal medium 5,100-5,200 5,100-5,200 Masoor n.a. n.a. Moong Mogar bold 8,400-8,600 8,400-8,600 Moong Mogar Medium best 7,800-8,000 7,800-8,000 Moong dal super best 7,200-7,600 7,200-7,600 Moong dal Chilka 6,800-7,000 6,700-6,900 Moong Mill quality n.a. n.a. Moong Chamki best 6,000-6,800 6,000-6,800 Udid Mogar Super best (100 INR/KG) 6,500-6,800 6,500-6,800 Udid Mogar Medium (100 INR/KG) 5,800-6,000 5,800-6,000 Udid Dal Black (100 INR/KG) 4,600-4,800 4,600-4,800 Batri dal (100 INR/KG) 3,800-4,000 3,800-4,000 Lakhodi dal (100 INR/kg) 3,000-3,100 3,000-3,100 Watana Dal (100 INR/KG) 3,200-3,300 3,200-3,300 Watana White (100 INR/KG) 3,100-3,200 3,100-3,200 Watana Green Best (100 INR/KG) 4,500-4,850 4,500-4,850 Wheat 308 (100 INR/KG) 1,750-1,850 1,750-1,850 Wheat Mill quality(100 INR/KG) 1,700-1,750 1,700-1,750 Wheat Filter (100 INR/KG) 1,700-1,900 1,700-1,900 Wheat Lokwan best (100 INR/KG) 2,000-2,500 2,000-2,500 Wheat Lokwan medium (100 INR/KG) 1,950-2,100 1,950-2,100 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,200-3,600 3,200-3,600 MP Sharbati Medium (100 INR/KG) 2,700-2,900 2,700-2,900 Wheat 147 (100 INR/KG) 1,550-1,650 1,550-1,650 Wheat Best (100 INR/KG) 1,600-1,700 1,600-1,700 Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  16. 16. Rice BPT (100 INR/KG) 3,250-3,450 3,200-3,400 Rice Parmal (100 INR/KG) 1,900-1,950 1,850-1,900 Rice Swarna Best (100 INR/KG) 2,400-2,600 2,300-2,600 Rice Swarna Medium (100 INR/KG) 2,200-2,400 2,100-2,400 Rice HMT (100 INR/KG) 4,300-4,500 4,200-4,500 Rice HMT Shriram (100 INR/KG) 4,800-5,200 4,800-5,200 Rice Basmati best (100 INR/KG) 11,000-13,500 11,000-13,500 Rice Basmati Medium (100 INR/KG) 6,300-7,600 6,300-7,600 Rice Chinnor (100 INR/KG) 5,500-5,900 5,500-5,800 Rice Chinnor Medium (100 INR/KG) 5,100-5,400 5,100-5,300 Jowar Gavarani (100 INR/KG) 1,450-1,600 1,450-1,600 Jowar CH-5 (100 INR/KG) 1,750-1,850 1,750-1,850 WEATHER (NAGPUR) Maximum temp. 29.2 degree Celsius (84.6 degree Fahrenheit), minimum temp. 10.2 degree Celsius (50.8 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : nil FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 30 and 10 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.) BAAC union denies late payment for rice scheme Published: 19 Dec 2013 :Newspaper section: Business The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) has brushed aside a claim that the state-owned bank has delayed payment to farmers who pledged rice under the government's subsidy scheme even though it has 60 billion baht available.Union chief Prasith Pahome said the remark by caretaker Deputy Commerce Minister Yanyong Phuangrach has led farmers wrongly to believe the BAAC has tried to slow down payments.In fact, the BAAC has only 12 billion baht available for payment to farmers who pledged rice for the current main crop, running from October-February, he said.Some farmers who sold their rice to the scheme are facing late payment as funding is limited, while the BAAC refused to use its own liquidity to finance the programme in advance without the National Rice Policy Committee's approval to widen the 500billion-baht outstanding spending limit.The caretaker government, however, cannot provide any approval at the moment as it could breach electoral regulations. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  17. 17. The government recently estimated that 16.5 million tonnes of paddy worth 270 billion baht will be pledged in the harvest year ending next September for the Central region and November for the South.Whether the pledging scheme will extend to the second crop depends on the next government's decision.Mr Prasith said 5 million tonnes of paddy worth 100 billion baht have been pledged with the government since the main crop season started on Oct 1, while there is only 12 billion baht or 80,000 baht per district available for payments."Mr Yanyong said the BAAC has 60 billion baht to pay to farmers, but the fact is we have only 12 billion baht. It is the government's duty to seek additional funding," he said. "The fact is the BAAC has yet to receive any money that the government has referred to."Mr Prasith urged Mr Yanyong to apologise to BAAC employees nationwide who have faced numerous inquiries from farmers, some of whom have not been paid for three months.Union secretary-general Prayuth Mangmee warned the delay to payments could hurt farmers' working capital for rice plantations in the next crop and erode their debt-servicing ability to the BAAC. Shrinking demand hits Vietnam rice Vietnam expects rice exports this year to drop due to plunging demand in Southeast Asian markets and is bracing for stiff competition from other exporters including Thailand next year. Published: 19/12/2013 at 08:19 PM:Newspaper section: breakingnews A Vietnamese worker carries a bag of rice in Hanoi on Dec 10, 2013. According to the Vietnam Food Association, Vietnam has exported around 6.2 million tonnes of rice since the beginning of the year. (EPA photo) Huynh Minh Hue, the general secretary of the Vietnam Food Association, said rice exports would be down to 6.6 million tonnes by the end of this year due to decreasing demands from its main customers in Southeast Asia - Indonesia, the Philippines and Malaysia, the Vietnam News reported on Thursday.Vietnam has targetted to export 6.7 million tonnes of rice this year.Indonesia did not buy at all while the Philippines and Malaysia reduced imports, he was quoted as saying.The average export price of the Vietnamese rice was US$430.89 a tonne, down $14.50 from last year.He blamed the situation on the fall in demand in some traditional markets in the second half of the year.Indonesia did not buy at all while the Philippines and Malaysia reduced imports, he said.The VFA warned of rising competition next year from lower Thai rice prices and supplies from other rice producing countries, which could dampen global prices.Mr Hue pinpointed Thailand as a competitor as the kingdom could dump white and fragant rice on the markets.The VFA continued to keep its next year's forecast on rice exports at 6.5-7 million tonnes. For Advertising SPECS & RATES: Contact: Advertising Department Mujahid Ali mujahid.riceplus@gmail.com +92 321 369 2874 Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874