19th December , 2013

Share developments
in RICE
and allied sectors,
Promote the Concept of
Knowledge Economy
Dear Sir/Mad...
10000+ stakeholders of rice industry read & apply various ideas
and analysis written by the authors.

Be the part of Rice ...
around 600 million live in extreme poverty. CGIAR aims to reduce rice production costs, offset climate change
impacts, and...
*BP has accused a leading U.S. lawyer, who is an important fundraiser for President Barack Obama, of “brazen
fraud” in his...
New York Times*The way an Indian diplomat was treated by law enforcement officials in New York last week has touched off a...
The Brazilian paddy rice index maintained by CEPEA continued to increase last week, reaching around 36.22
real per 50 kilo...
Oryza Overnight Recap – Chicago Rough Rice Futures Recover Slightly Overnight
Following Late Session Sell-off Yesterday; W...
Thailand Plans To Auction 150,000 Tons of Rice Via Futures Exchange
Dec 18, 2013

The Thai government is planning to aucti...
Argentina has exported around 467,995 tons of rice in January – October 2013, down about 17% from around
564,281 tons expo...
ton), trading range which has contained the majority of trade activity over the past 6 months. Today’s trading
range is no...
Vietnam 5% broken
India 5% broken
Pakistan 5% broken
Cambodia 5% broken
U.S. 4% broken
Uruguay 5% broken
Argentina 5% brok...
U.S. pet food 390-400
Brazil half grain

↔

345-355

Medium grain milled
U.S. Calrose 4% broken
Egypt medium grain 6%

↔

...
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19th december,2013 daily oryza new sletter shared by riceplus magazine

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Daily Rice Global Rice e-Newsletter shared by Riceplus Magazine
Riceplus Magazine shares daily International RICE News for global Rice Community. We publish daily two newsletters namely Global Rice News & ORYZA EXCLUSIVE News for readers .You can share any development news with us for Global readers.
Dear all guests/Commentators/Researchers/Experts ,You are humbly requested to share One/Two pages write up with Riceplus Magazine .
For more information visit (www.ricepluss.com + http://publishpk.net/index.php/riceplus).
Share /contribute your rice and agriculture related research write up with Riceplus Magazine to riceplus@irp.edu.pk , mujahid.riceplus@gmail.com
For Advertisement & Specs mujahid.riceplus@gmail.com

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Transcript of "19th december,2013 daily oryza new sletter shared 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 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. 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 Rice Research Can Lift Hundreds of Millions Out of Poverty, Says CGIAR Dec 18, 2013 The world’s largest agriculture research partnership, CGIAR, says that rice research has yielded promising results in eradicating poverty across the world so far, and improved funding can help lift hundreds of millions out of poverty in the next two decades.According to CGIAR, rice research has transformed the lives of both farmers and consumers in the past. New rice varieties developed under CGIAR have helped lift over 6.75 million people in China during 1981 to 1999 and over 14 million in India during 1991 to 1999. Climateresistant rice such as “Scuba rice” and New Rice for Africa (NERICA) have helped millions of farmers in Asia and Africa increase rice yield by around up to 3 tons per hectare and reduce losses due to adverse weather conditions, CGIAR says.Rice is the staple food for around three billion people across the world, of which 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. around 600 million live in extreme poverty. CGIAR aims to reduce rice production costs, offset climate change impacts, and reduce environmental impact of rice production to reduce poverty and malnutrition in the world. The efforts are expected to lift about 150 million people (about 11% of people living in poverty) above the $1.25 poverty line and remove malnourishment for around 60 - 70 million people in the next two decades. “By 2035, research on rice will increase farmers’ yields and lower prices for poor consumers, lifting 150 million people out of poverty and reducing the number of undernourished people in Asia by 62 million,” CGIAR says.CGIAR claims that every dollar invested in CGIAR research results in about nine dollars in increased productivity in developing countries, and a $20 investment in rice research can lift one person out of poverty. This year CGIAR's overall research funds reached the targeted $1 billion, double of around $500 million in 2008. Improved funding will help finance CGIAR’s 16 global research programs which include the CGIAR Research Program on Rice, known as the Global Rice Science Partnership (GRiSP). The International Rice Research Institute (IRRI), Africa Rice Center, International Center Tropical Agriculture (ICAT), and Japan International Research Center for Agriculture Sciences (JIRCAS) are some rice research institutes under GRiSP. Tags: CGIAR, GRiSP, Rice research, IRRI, JIRCAS, Africa rice Oryza U.S. Rough Rice Recap – Market Muted as Sellers Hold Out For Higher Prices, Despite Weaker Bids,Demand Dec 18, 2013 The U.S. cash market muted today after bids declined with the futures market while sellers continue to hold out for higher prices despite the lack of buyer interest.As of today, offers held firm near $15.55-$16.66 per fob farm (about $343-$367 per ton), depending on where they are located in the U.S. mid-South and how quickly they could ship.Bids from larger mills dropped to around $14.70 per cwt (about $324 per ton) while bids from exporters decreased to around $15.15 per cwt (about $334 per ton), both for December through January delivery, both of which generated very little interest and as a result there were no trades to report. Tags: U.S. rice prices, U.S. rice market Oryza Quick Glance at World News Dec 18, 2013 Financial Times – *Russia said on Tuesday it would invest $15 billion into Ukrainian bonds and temporarily cut gas prices to Kiev by a third in a bailout of its neighbor’s ailing economy that will sharply increase its influence over the ex-Soviet republic. *JPMorgan Chase sued the Federal Deposit Insurance Corporation on Tuesday, striking back against the government weeks after agreeing to pay $13 billion to resolve claims that it mis-sold mortgage securities. 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. *BP has accused a leading U.S. lawyer, who is an important fundraiser for President Barack Obama, of “brazen fraud” in his legal action against the energy company for compensation over the 2010 Deepwater Horizon disaster. *Eurozone finance ministers have reached a tentative agreement that would create a backstop to the EU’s new bank rescue system in case it runs out of money in an emergency. The deal, characterized as a “crucial breakthrough,” opens the way for an overall blueprint for dealing with failing lenders. *Edward Snowden, the former U.S. National Security Agency contractor, has offered to help Brazil investigate digital surveillance by Washington of Latin America’s largest country, but said this would require permanent asylum. *Viktor Yanukovich, Ukraine’s president took a decisive step towards Moscow’s orbit on Tuesday when he agreed to a massive bailout of his country via Russian investment of $15 billion in Ukrainian bonds and a cut in gas prices worth $4 billion. *Banks will be given more control over traders’ instant messages, Bloomberg has announced, as the data provider tries to redeem the reputation of tools now associated with market manipulation. *A Chinese newspaper has accused a U.S. navy ship of “harassing” a group of Chinese naval vessels in connection with a maritime incident that occurred as U.S. Vice-President Joe Biden was visiting China. Wall Street Journal*Inflation is slowing across the developed world despite ultralow interest rates and unprecedented moneyprinting campaigns, posing a dilemma for the Federal Reserve and other major central banks as they plot their next policy moves, WSJ reported. *BASF SE a nearly 150-year-old German company whose operations sprawl across this Rhine River city, is shifting more of its production and research investment to the U.S. to ride the nation's economic recovery and shale-gas boom. *China's strategy of encouraging closer economic integration with North Korea has been thrown into confusion by the execution of the uncle of North Korean leader Kim Jong Un, according to diplomats and Chinese experts. *The German government moved Tuesday to keep a key ECB post in German hands by nominating Sabine Lautenschläger, currently No. 2 at the Bundesbank, to succeed Jörg Asmussen on the ECB's powerful executive board. *Nortel Networks Corp.'s U.S. division said Tuesday that it has reached a "milestone" deal with European creditors and representatives of British pensioners, settling some of the "costly and contentious litigation" that has been tying up more than $9 billion in cash. *Serbia will start membership talks with the EU next month, the bloc agreed Tuesday, as it rewarded Belgrade for its efforts to improve ties with former province Kosovo. *Germany's lower house of parliament on Tuesday formally re-elected Angela Merkel as chancellor with 74% of the vote, clearing the last hurdle for a new government to take power nearly three months after September's elections. *The U.K.'s official statistics agency said Tuesday it plans to change the way it calculates data on the public finances, a move that will revalue the British government's debt upward by more than a hundred billion pounds. The overhaul will reverse an accounting maneuver by Chancellor of the Exchequer George Osborne last year that lowered the government's borrowing figures in the short term. 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. New York Times*The way an Indian diplomat was treated by law enforcement officials in New York last week has touched off a furor in India, where politicians from across the political spectrum expressed outrage and the New Delhi police retaliated by removing security barriers that were meant to protect the American Embassy. *The British government signaled on Tuesday that it was intensifying its efforts to encourage the development of shale gas production, with plans to award a new set of shale drilling licenses next year despite persistent opposition from environmental groups. *China's exports will maintain relatively steady growth in December after strong growth in November, the Commerce Ministry said on Wednesday. China's exports rose 12.7% from a year earlier in November, handily beat forecasts in a Reuters poll of a 7.1% rise. *Australia is setting up a A$100 million ($89 million) fund to support regions affected by General Motors Co's decision to stop production in the country by 2017, including directly supporting those workers affected by the decision. *Japan's trade deficit ballooned 35% last month compared to a year ago, the biggest November deficit on record, as fuel imports soared following the 2011 nuclear catastrophe, the government said Wednesday. *India’s upper house of Parliament passed a measure on Tuesday to create an independent anticorruption agency, after more than four decades of debate and controversy over how to curb corruption. The vote all but ensured that the measure, called the Lokpal and Lokayuktas Bill, would become law. Tags: World news Brazil Paddy Rice Index Increases 2% Last Week Dec 18, 2013 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. The Brazilian paddy rice index maintained by CEPEA continued to increase last week, reaching around 36.22 real per 50 kilograms on December 16, 2013, up around 2% from around 35.55 real per 50 kilograms recorded on December 9, 2013.In terms of USD per ton, the index increased to around $311.6 per ton on December 16, 2013, up about 1% from around $307.8 per ton a week earlier on December 9, 2013. Tags: Brazil paddy rice index cepea Thailand, Vietnam Rice Sellers Lower Some of Their Quotes; India Rice Sellers Increase Some of Their Quotes Dec 18, 2013 Thailand rice sellers lowered most of their quotes by about $5 per ton today. Vietnam rice sellers lowered their quotes for 25% broken rice and Jasmine rice by about $5 per ton each to about $385 - $395 per ton and $605 $615 per ton respectively. India rice sellers increased their quotes for 5% broken rice by about $5 per ton to about $410 - $420 per ton. Pakistan rice sellers kept their quotes mostly unchanged today. 5% Broken Rice Thai 5% rice is quoted around $380 - $390 per ton, down about $5 per ton from yesterday and about a $35 per ton discount to Viet 5% rice shown around $415 - $425 per ton. Indian 5% rice is quoted around $410 - $420 per ton, up about $5 per ton from yesterday and about a $30 per ton premium over Pak 5% rice quoted around $380 - $390 per ton. 25% Broken Rice Thai 25% rice is quoted about $355 - $365 per ton, down about $5 per ton from yesterday and about a $30 per ton discount to Viet 25% rice shown around $385 - $395 per ton, down about $5 per ton from yesterday. Indian 25% rice is quoted about $370 - $380 per ton, about a $30 per ton premium over Pak 25% rice quoted around $340 - $350 per ton. Parboiled Rice Thai parboiled rice is quoted around $445 - $455 per ton, down about $5 per ton from yesterday. Indian parboiled rice is quoted around $395 - $405 per ton, about a $30 per ton discount to Pak parboiled rice quoted around $425 - $435 per ton. 100% Broken Rice Thai broken rice, A1 Super, is quoted around $300 - $305 per ton, down about $5 per ton from yesterday and about a $70 per ton discount to Viet broken rice shown around $370 - $380 per ton. Indian broken sortexed rice is quoted about $300 - $310 per ton, about a $20 per ton discount to Pak broken sortexed rice quoted around $325 - $335 per ton. Tags: Asia rice quotes, India rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes 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. Oryza Overnight Recap – Chicago Rough Rice Futures Recover Slightly Overnight Following Late Session Sell-off Yesterday; Wheat Continues to Tumble, Off over 1.5% Ahead of Floor Trading Dec 18, 2013 Chicago rough rice futures for January delivery are currently paused 2 cent per cwt (about $0.44 per ton) higher at $15.505 per cwt (about $342 per ton) as of 8:00am Chicago time. The other grains are seen steady to lower this morning ahead of floor trading in Chicago: soybeans are currently seen unchanged, wheat is seen about 0.6% lower, and corn is paused about 1.8% lower. U.S. stock index futures ticked up ahead of the eagerly awaited outcome of the U.S. Federal Reserve's final policy meeting of the year, as investors attempted to second-guess what the Federal Open Market Committee (FOMC) would announce on Wednesday. Stock futures held modest gains after the government reported betterthan-expected increases in housing starts and permits for November. The Fed will decide whether to continue or reduce its $85 billion monthly bond-buying program at the end of a two-day meeting. The central bank has pledged to carry on with its stimulus schedule until the labor market has improved significantly, and with U.S. unemployment sinking from 7.3% to 7% in November, some investors believe change is to be expected. U.S. stocks closed slightly lower on Tuesday with investors reluctant to make decisive moves. U.S. stock index futures are currently trading about 0.2% higher, gold is currently trading about 0.1% higher, crude oil is seen trading about 0.1% higher, and the U.S. dollar is currently trading about 0.1% higher at 8:00am Chicago time. Tags: chicago rough rice futures India Karnataka State Rice Millers End Strike Dec 18, 2013 Around 1,800 rice milers in the Indian state of Karnataka have called-off their strike after the state government agreed today to reduce levy targets from 500,000 tons to 250,000 tons annually, which is down significantly from the original target of 1.35 million tons. The price at which the government will buy rice from millers remains unchanged at Rs. 2,400 per quintal (about $380 per ton).The Karnataka government is facing shortage of rice for its welfare programs partly due to the impact of unfavorable weather conditions on rice production in the state in the last two years. Earlier this year, the government announced that it will procure paddy rice from farmers at around 22% above the support prices of around Rs. 1,310 per quintal (about $207 per ton).According to local sources, the Karnataka government increased the levy targets for rice millers after it had to buy rice from Chhattisgarh state at high prices (of around $474 per ton) last year to run welfare schemes last year. Tags: India Rice Millers 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. Thailand Plans To Auction 150,000 Tons of Rice Via Futures Exchange Dec 18, 2013 The Thai government is planning to auction around 150,000 tons of rice via the Agriculture Futures Exchange of Thailand (AFET) on December 20, 2013. According to local sources, the auction will comprise 100,000 tons of 5% white rice and 50,000 tons of jasmine rice.The Thai caretaker government is under pressure to provide money to pay farmers under the rice mortgage program. The caretaker Finance Minister says that farmers will get payments begining next week and adds that delays occurred due to the political unrest seen earlier this month. Tags: Thailand rice auctions, Agriculture Futures Exchange of Thailand (AFET) Argentina Exports 467,995 Tons of Rice in January – October 2013; Down 17% from Last Year Dec 18, 2013 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. Argentina has exported around 467,995 tons of rice in January – October 2013, down about 17% from around 564,281 tons exported in the same period in 2012, according to the Ministry of Agriculture.Rice exports improved significantly in October 2013 reaching around 56,701 tons in the month, up about 40% from around 40,463 tons exported in the previous month, but down about 16% from around 67,266 tons exported in October 2012.Major export destinations for Argentina rice in October 2013 were Iraq (about 31,450 tons), Brazil (about 14,731 tons), and Bolivia (about 5,242 tons). Tags: Argentina rice exports Oryza Afternoon Recap – Chicago Rough Rice Futures Tumble as Selling Interest Peaks Ahead of Holiday Break; Grains Fall While Stocks Surge as Fed Announces Bond Buyer Tapering Dec 18, 2013 Chicago rough rice futures for January delivery settled 22 cents per cwt (about $5 per ton) lower at $15.265 per cwt (about $337 per ton). Rough rice futures tumbled today as traders continue to look to liquidate January positions ahead of the holidays and the year end. In addition to another session of heavy spread activity, outright selling pressure intensified as the session wore on. Some trade insiders feel that the recent uptick in selling has been triggered by traders who have decided to liquidate positions as opposed to roll forward given that January is trading at a premium to March. The other grain complex as a whole was sharply lower today, despite supportive macroeconomic conditions; soybeans finished the day about 1.7% lower at $13.2400 per bushel; wheat finished about 1.1% lower at $6.1375 per bushel; and corn finished the day about 0.4% lower at $4.2500 per bushel.U.S. stocks surged on Wednesday, with the Dow making a triple-digit climb, after the Federal Reserve said it would begin curtailing its monetary stimulus. The Fed said it would start to taper its bond-buying program to $75 billion a month. At a news conference, Fed Chairman Ben Bernanke said the central bank would likely make similar moderate steps at future meetings so long as the data support such moves. The Dow Jones Industrial Average jumped more than 170 points. The S&P 500 the Nasdaq also rose. U.S. stock markets are currently trading about 1.2% higher, gold is trading about 0.3% higher, crude oil is seen trading about 0.7% higher, and the U.S. dollar is seen trading about 0.1% lower at about 2:00pm Chicago time. Looking to the daily continuation chart of Chicago rough rice futures for January delivery, the market “fell out of bed” today as trade volume continues to take place at an impressive rate. Prices broke through the recent low of $15.435 per cwt (about $340 per ton), which had supported prices for the past two weeks and had been noted as the bottom of a recent $15.435-$15.700 per cwt (about $340-$346 per ton) sideways trading range. Today’s action saw prices slip below the lower Bollinger band which had acted as the price objective at $15.295 per cwt (about $337 per ton). Although today’s move provides a negative forecast for tomorrow’s trade direction, some analysts simply see it as a continuation of a longer-term, wider $15.000-$16.000 per cwt (about $331-$353 per 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. ton), trading range which has contained the majority of trade activity over the past 6 months. Today’s trading range is noted as $15.250-$15.525 per cwt (about $336-$342 per ton).Tuesday, there were 4,167 contracts traded, up from 2,477 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday decreased by 239 contracts to 7,320. Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market Oryza Shares Detailed Video on Exactly How to Use the System of Rice Intensification, by the World Bank Dec 18, 2013 While the system of rice intensification (SRI) is familiar to many producers, the exact proceedure at each step of rice production may not be easily accessible. The World Bank has created a very detailed video providing farmers with detailed instructions on how to implement the SRI. The video is about 15 minutes long and can be found at: http://info.worldbank.org/etools/docs/library/245848/files/flash/SRI_app... Tags: System of Rice Intensification (SRI), rice video Oryza U.S. Rough Rice Recap – Market Muted as Sellers Hold Out For Higher Prices, Despite Weaker Bids,Demand Dec 18, 2013 The U.S. cash market muted today after bids declined with the futures market while sellers continue to hold out for higher prices despite the lack of buyer interest.As of today, offers held firm near $15.55-$16.66 per fob farm (about $343-$367 per ton), depending on where they are located in the U.S. mid-South and how quickly they could ship.Bids from larger mills dropped to around $14.70 per cwt (about $324 per ton) while bids from exporters decreased to around $15.15 per cwt (about $334 per ton), both for December through January delivery, both of which generated very little interest and as a result there were no trades to report. Tags: U.S. rice prices, U.S. rice market Oryza Global Rice Quotes December 18th, 2013 Long grain white rice - high quality Thailand 100% B grade 390-400 ↓ 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. Vietnam 5% broken India 5% broken Pakistan 5% broken Cambodia 5% broken U.S. 4% broken Uruguay 5% broken Argentina 5% broken 415-425 410-420 380-390 455-465 585-595 625-635 625-635 ↔ ↑ ↔ ↔ ↔ ↔ ↔ Long grain white rice - low quality Thailand 25% broken 355-365 ↓ Vietnam 25% broken 385-395 ↓ Pakistan 25% broken 340-350 ↔ Cambodia 25% broken 430-440 India 25% broken 370-380 ↔ U.S. 15% broken 565-575 ↔ ↔ Long grain parboiled rice Thailand parboiled 100% stxd 445-455 Pakistan parboiled 5% broken stxd 425-435 India parboiled 5% broken stxd 395-405 U.S. parboiled 4% broken 660-670 ↔ Brazil parboiled 5% broken 590-600 ↔ Uruguay parboiled 5% broken NQ ↔ ↓ ↔ ↔ Long grain fragrant rice Thailand Hommali 92% 965-975 Vietnam Jasmine 605-615 ↓ India basmati 2% broken 1515 -1525 Pakistan basmati 2% broken NQ ↔ Cambodia Phka Malis 905-915 ↔ ↔ ↔ Brokens Thailand A1 Super 300-310 ↓ Vietnam 100% broken 370-380 Pakistan 100% broken stxd 325-335 Cambodia A1 Super 380-390 ↔ India 100% Broken stxd 305-315 Egypt medium grain brokens NQ ↔ ↔ ↔ ↔ 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. U.S. pet food 390-400 Brazil half grain ↔ 345-355 Medium grain milled U.S. Calrose 4% broken Egypt medium grain 6% ↔ 620-630 NQ ↔ ↔ All prices USD per ton, FOB vessel, oryza.com 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

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