29th may (friday),2015 daily exclusive oryza rice e newsletter by riceplus magazine

Daily Exclusive ORYZA Rice E-Newsletter 2015
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Contact: Mujahid Ali mujahid.riceplus@gmail.com
Daily Exclusive ORYZA Rice E-Newsletter
www.ricepluss.com
www.riceplusmagazine.blogspot.com
May 29 ,2015
Vol 5,Issue V

Global Rice Quotes
May 29th, 2015
Long grain white rice - high quality
Thailand 100% B grade 375-385 ↔
Vietnam 5% broken 350-360 ↔
India 5% broken 370-380 ↔
Pakistan 5% broken 405-415 ↔
Myanmar 5% broken 420-430 ↔
Cambodia 5% broken 430-440 ↔
U.S. 4% broken 465-475 ↔
Uruguay 5% broken 565-575 ↔
Argentina 5% broken 555-565 ↔
Long grain white rice - low quality
Thailand 25% broken 350-360 ↔
Pakistan 25% broken 360-370 ↔
Cambodia 25% broken 410-420 ↔
India 25% broken 345-355 ↔
U.S. 15% broken 455-465 ↔
Long grain parboiled rice
Thailand parboiled 100% stxd 365-375 ↔
Pakistan parboiled 5% broken stxd 415-425 ↑

India parboiled 5% broken stxd 350-360 ↔
U.S. parboiled 4% broken 555-565 ↔
Brazil parboiled 5% broken 570-580 ↔
Uruguay parboiled 5% broken NQ ↔
Long grain fragrant rice
Thailand Hommali 92% 845-855 ↔
Vietnam Jasmine 470-480 ↔
India basmati 2% broken NQ ↔
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Mails 815-825 ↔
Brokens
Thailand A1 Super 315-325 ↔
Pakistan 100% broken stxd 305-315 ↔
Cambodia A1 Super 350-360 ↔
India 100% broken stxd 275-285 ↔
Egypt medium grain brokens NQ ↔
U.S. pet food 365-375 ↔
Brazil half grain NQ ↔
All prices USD per ton, FOB vessel, oryza.com
Oryza Overnight Recap – Chicago Rough
Rice Futures Slightly Higher Overnight as
Market Weighs Export Sales Report

May 28, 2015
Chicago rough rice futures for Jul delivery are currently seen paused 3 cents per cwt (about $1
per ton) higher at $9.460 per cwt (about $209 per ton) during early floor trading in Chicago. The
other grains are seen trading mostly higher; soybeans are currently seen about 0.3% higher,
wheat is listed about 0.3% higher and corn is currently noted about 0.4% higher.U.S. stock index
futures traded lower on Thursday, as hopes faded that a rescue-for-reforms deal for crisis-struck
Greece was nearing.
In China, stocks plunged 6.5% on Thursday, with traders citing the tightening of marginal
lending rules as an explanation. European and U.S. stocks rallied on Wednesday, with the
Nasdaq setting a new record high, after Greece said it had stated crafting a "staff level
agreement" with its international bailout supervisors. However, European officials rebuked the
claims on Thursday, saying there was some way to go before any agreement could be drawn up
and that they were surprised by the upbeat sentiment from Greece. Gold is currently trading
about 0.1% higher, crude oil is seen trading about 0.9% lower, and the U.S. dollar is currently
trading about 0.1% higher at 8:30am Chicago time
Italy Rice Fields Turn into Bird Habitats!
May 28, 2015
Rice fields in Italy's Novara,
Vercelli and Biella provinces are
home for thousands of bird
species. The regions are located in
an area called "baraggia", where
moorland and grassland are mixed
in a sort of “savanna” landscape,
and rice is grown. Now these areas
are part of a natural regional park
extending to about 3,980
hectares.An ornithologist Lucio
Bordignon is conducting a study
over the bird species among these
rice fields. He says thousands of herons, bitterns, stock doves and many others have been found

in the region's rice fields.He will present the findings of his study on June 6 this year in
Busonnengo, a place in "baraggia".
Myanmar Cross Border Rice Exports to
China Decline Due to High Prices, Say
Traders
May 28, 2015
Cross border rice exports from Myanmar to China have remained sluggish since the Water
Festival on April 19 this year due to relatively higher prices, according to local sources.Some
traders told local sources that an increase in local rice prices is also having an impact on the
export prices thereby leading to lower exports. They noted that the price of ordinary rice
increased about 1,500 kyats per 100 kilograms (around $14 per ton) after the Water Festival and

is currently trading at around 18,000 kyats per 100 kilograms (around $164 per ton).Rice prices
at the border are also high, according to local sources. While ordinary rice prices are ruling
between 17,000 kyat - 18,500 kyat per 100 kilograms (around $155 - $169 per ton), qualified
rice prices are ruling between 28,000 kyat - 38,000 kyat per 100 kilograms (around $255 - $347
per ton). In fact they are around 500 kyat (around $4.5 per ton) higher than in other
places.However, traders are expecting the export prices to normalize after the inspecting group
from China will examine the rice slated for export between May 22 and June 1 this year under
the recently signed Memorandum of Understanding (MOU). The group will inspect rice from 19
qualified companies and award export certificated, they said.According to the UN's Food and
Agriculture Organization (FAO), the domestic prices of most commonly used Emata rice have
been increasing since November 2014. Export prices of Myanmar 5% rice currently stand at
around $425 per ton.
Government of Cambodia to Check
'Unethical' Rice Tampering
May 28, 2015
The government of Cambodia is
planning to increase checks on
'unethical' rice tampering as part of
efforts to ensure Cambodian rice,
slated for export, is not mixed with
rice from neighboring countries,
according to local sources.n a letter
dated May 11, 2015, the Ministry of
Commerce has communicated to all
exporters that it will stop issuing
Certificates of Origin to exporters
found to be using non-Cambodian rice
for export.The government became serious over the rice tampering issue following the European
Union's (EU) increased monitoring of rice imports for clear Certificate of Origins.
Of late the EU has been keen on pausing or banning the rice imports without clear origins. There
are also concerns that the EU may take this opportunity to withdraw its duty-free imports from
Asian Least Developed Countries (LDCs) under the Everything But Arms (EBA) agreement.The
EU Ambassador to Cambodia noted that it is the responsibility of the Cambodian authorities to

ensure of the quality of the commodities exported to the EU under the EBA agreement. "Indeed,
as for any other product exported to the EU under EBA, were the rule of origin not respected, it
may lead to an investigation by the EU,” he was quoted as saying in an email.The Ministry also
urged the President of the Cambodia Rice Federation, millers and exporters to strictly comply
with the agreed code of conduct on rice exports the EU. The letter also stated that the Ministry
would conduct surprise inspections in rice milling and exporting companies to ensure there is no
rice tampering.
Oryza Global Weather Outlook
May 28, 2015
Rain is expected across the Yangtze Valley and South China this week, which is likely maintain
favourable moisture for rice in those regions.
Rain is expected across South-western and North-western India, Central Pakistan, and Northern
Bangladesh this week.
In Indonesia, rain is expected across Northern Sumatra, Malay Peninsula, Northern Kalimantan,
East Malaysia, and Southern Sulawesi this week.
Rain showers are expected across Southern and Eastern Thailand, and Northern and Southern
Vietnam this week.
In the Philippines, rain is expected across Luzon this week. However, dryness will continue
across South-eastern areas of the Philippines, which will stress main season rice growth.
Rain is expected across Central and Southern portions of the Center-South Brazil this week, and
also far North-western portions of the Northeast Brazil. Rice harvesting has almost been
completed in Center-South Brazil.
A few light showers are expected across Southern Uruguay this week.
Rain showers are expected to continue across the U.S. this week.
Thailand, India Rice Sellers Lower Some
Quotes Today; Pakistan Rice Sellers Increase
Some of Their Quotes

May 28, 2015
Thailand rice sellers lowered their quotes for 5% broken rice, Parboiled rice and Hommali rice
by about $5 per ton each to around $365 - $375 per ton, $365 - $375 per ton and $845 - $855 per
ton respectively, today. India rice sellers lowered their quotes for parboiled rice by about $10 per
ton to around $350 - $360 per ton. Pakistan rice sellers increased their quotes for 100% broken
rice by about $5 per ton to around $305 - $315 per ton. Vietnam rice sellers kept their quotes
mostly unchanged today.
5% Broken Rice
Thailand 5% rice is indicated at around $365 - $375 per ton, down about a $5 per ton from
yesterday and about a $15 per ton premium on Vietnam 5% rice shown at around $350 - $360
per ton. India 5% rice is indicated at around $370 - $380 per ton, about a $35 per ton discount to
Pakistan 5% rice shown at around $405 - $415 per ton.
25% Broken Rice
Thailand 25% rice is shown at around $350 - $360 per ton, about a $25 per ton premium on
Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is indicated at around
$345 - $355, about a $15 per ton discount to Pakistan 25% rice shown at around $360 - $370 per
ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $365 - $375 per ton, down about a $5 per ton from
yesterday. India parboiled rice is indicated at around $350 - $360 per ton, down about a $10 per
ton from yesterday and about a $55 per ton discount to Pakistan parboiled rice shown at around
$405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $5 per ton
premium on Vietnam 100% broken rice shown at around $310 - $320 per ton. India's 100%
broken rice is shown at around $275 - $285 per ton, about a $30 per ton discount to Pakistan
broken sortexed rice shown at around $305 - $315 per ton, up about a $5 per ton from yesterday.

Oryza Afternoon Recap - Chicago Rough
Rice Futures Trade Higher on Support from
Wheat and Corn
May 28, 2015
Chicago rough rice futures for Jul delivery settled 8 cents per cwt (about $2 per ton) higher at
$9.510 per cwt (about $210 per ton). The other grains finished the day with mixed results;
Soybeans closed about 0.1% lower at $9.2600 per bushel; wheat finished about 0.2% higher at
$4.8875 per bushel, and corn finished the day about 1.1% higher at $3.5100 per bushel.U.S.
stocks traded closed Thursday's trading session lower as a lack of resolution on Greece debt talks
and declining transports weighed on investor sentiment.
The Dow transports resumed their decline, falling 0.91%. U.S. stocks have alternated between
losses and gains in the last three trading days. Regarding Greece, IMF Managing Director
Christine Lagare told a German newspaper that a Greek exit from the euro zone was possible but
that this would probably not herald the end of the euro currency. On Wednesday, both U.S. and
European equities rallied after Greece said it had stated crafting a "staff level agreement" with its
international bailout supervisors. However, European officials rebuked the claims on Thursday,
saying there was some way to go before any agreement could be drawn up and that they were
surprised by the upbeat sentiment from Greece.
The Dow Jones Industrial Average closed down 36.87 points, or 0.20%, at 18,126.12. Thursday's
session also marked the fourth time in six sessions where blue chips closed down. The S&P 500
closed down 2.68 points, or 0.13%, at 2,120.80, with industrials and energy leading decliners and
materials leading three advancers. The Nasdaq closed down 8.62 points, or 0.17%, at 5,097.98.
Gold is trading about 0.2% higher, crude oil is seen trading about 0.9% higher, and the U.S.
dollar is seen trading about 0.4% lower at about 3:00pm Chicago time.
Wednesday, there were 681 contracts traded, up from 487 contracts traded on Tuesday. Open
interest – the number of contracts outstanding – on Wednesday decreased by 12 contracts to
11,560.
Government of Indonesia Will Import Rice
as Last Resort, Says Agriculture Minister
May 28, 2015

The Indonesian Agriculture
Minister reiterated that there were
enough rice and paddy stocks in
the country and would be
sufficient till September this year,
according to local sources.While
accompanying the President
during visits to the rice growing
regions in Manado, North
Sulawes, he told local sources that
demand usually increases ahead of
the festive seasons Ramadhan and
Idul Fitri. But he noted that the
government would import rice as a
last resort if domestics stocks were insufficient. As of now, the government is reviewing the
production and stock situations and is likely to take a decision on imports next month.The
government is also ramping up its rice procurement efforts as harvest season has arrived in most
of the regions and will peak in June. It has fixed the government purchasing price at about Rp
7,260 per kilogram (around $550 per ton). The Minister also noted that prices have moderated in
most of the regions. “There will be no limit on the amount of rice we buy.
We will buy their rice in any volume,” he was quoted as saying.According to the UN’s Food and
Agriculture Organization (FAO), the average rice prices in the country have been increasing
since September 2014 and have reached record levels in March 2015. However, since April,
prices reversed direction due to the government intervention as well as increased supplies from
the 2015 main season rice crop. Currently, prices stand at around 9.875 million Rupiah (around
$751) per ton, down from around 10 million Rupiah (around $770) per ton in April
2015.Meanwhile, the Agriculture Ministry is in the process of minimizing the effects of a likely
El Nino on the country's rice production levels.
The Agriculture Minister noted that the Ministry has set up a team consisting of agricultural
experts and those experienced in understanding the impacts of El Nino to anticipate the effects of
the event on rice production.USDA estimates Indonesia to produce around 36.3 million tons of
rice, basis milled (around 57.17 million tons, basis paddy), and import around 1.25 million tons
of rice in MY 2014-15 (October - September).

29th may (friday),2015 daily exclusive oryza rice e newsletter by riceplus magazine

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29th may (friday),2015 daily exclusive oryza rice e newsletter by riceplus magazine