• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
30th january,2014 daily exclusive oryza rice e newsletter by riceplus magazine
 

30th january,2014 daily exclusive oryza rice e newsletter by riceplus magazine

on

  • 111 views

 

Statistics

Views

Total Views
111
Views on SlideShare
111
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    30th january,2014 daily exclusive oryza rice e newsletter by riceplus magazine 30th january,2014 daily exclusive oryza rice e newsletter by riceplus magazine Document Transcript

    • 30th January, 2014 TOP Contents - Tailored for YOU Latest News Headlines…      Italian Paddy Quotes Lifted by Domestic Demand  Oryza U.S. Rough Rice Recap – Market Quiet as Price Idea’s Remain Firm  Vietnam Officials to Visit Africa, Market Rice  Oryza Rice Currency Analysis for Today – Mexico Peso Down 0.9%  House of Representatives Passes U.S. Farm Bill, Senate Next  South Korea Plans 408,700 Tons Rice Imports in 2014; Up 5% from 2013  Japan 2013 Rice Production Increases to 7.8 Million Tons; Up 1% from Previous Year  Oryza Quick Glance at MDA Rice Crop Weather Update  Spain Missing a Taste for Rice Culture, Says Local Producer  India Rice Sellers Increase Most of Their Quotes Today; Other Asia Rice Quotes Unchanged  Oryza Quick Glance at World News India to Study Rice Milling Rates in 11 States Ghana Targets Reduction in Rice Imports in Next Three Years Indonesia Trade Ministry Probes Non-Specialty Rice Imports from Vietnam Mexico Targets 50% Increase in Rice Production by 2018 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
    • NEWS DETAILS: Italian Paddy Quotes Lifted by Domestic Demand Jan 29, 2014 Italian paddy market continues its recent advance in quotes thanks to domestic demand for the Long A and medium paddy varieties. Quotations of Arborio, Sant’Andrea e Carnaroli increased 50 euros (about $68), reaching nearby highs; Vialone Nano reached 770 euro (about $1,050) per ton, up only 20 euros (about $ 27).Prices of export varieties remain almost unchanged. Lido and similar varieties advanced 5 euros (about $7) per ton while other export varieties declined from the previous week. The market is still pressed by competition from Asian rice, according to local sources; thus, there was still very little price movement for Long B and round rices. For the current crop year, about 54.6% of Long A paddy has been sold, while about 39.6% of Long B and 39% of round paddy has been sold. Below find farm gate paddy quotes from the Milan grain exchange, as of January 28: Arborio rice was quoted 655-675 euros (about $893-921) per ton, up from 605-625 euros (about $825-852) per ton a week ago. Balilla rice was quoted 250-260 euros (about $338-352), unchanged from a week ago. Lido and similar varieties were quoted 295-315 euros (about $ 402-429) per ton, up slightly from 290-310 euros (about $ 392-419) per ton one week ago. Padano/Argo received no quotations; two weeks ago it was shown at 570 euros (about $775) per ton. Vialone Nano was quoted 735-770 euros (about $1,003-1,050) per ton, up from 715-750 euros (about $9681,016) per ton a week prior. Thai Bonnet and similar varieties were quoted 245-255 euros (about $332-345) per ton, unchanged from last week. Sant'Andrea was quoted 560-580 euros (about $764-791) per ton, up from 510-530 euros (about $690-717) per ton the prior week. Ariete and similar varieties were quoted 315-335 euros (about $426-453) per ton, unchanged from last week. Carnaroli was quoted 660-680 euros (about $900-928) per ton, down from 610-630 euros (about $826-853) 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
    • ton a week ago. Baldo was quoted 560-580 euros (about $764-791) per ton, up from 555-575 euros (about $751-778) per ton a week prior. Roma was quoted 560-580 euros (about $764-791) per ton, up from 555-575 euros (about $751-778) per ton a week ago. Selenio was quoted 260-280 euros (about $352-379) per ton, unchanged from the previous week. Tags: Italian paddy Oryza U.S. Rough Rice Recap – Market Quiet as Price Idea’s Remain Firm Jan 29, 2014 The U.S. cash market remains quiet as most buyers and sellers continue to hold out for better prices but the question is - who will blink first?.As of today, there was no budging on the low end of offers which could still be found around $15.55 fob farm (about $343 per ton) however most farmers price ideas were seen around $16.11 per cwt fob farm (about $355 per ton) or higher. Bids from larger mills decreased slightly to around $14.95 per cwt (about $330 per ton) while bids for exporters were unchanged around $15.50 per cwt (about $342 per ton), both for February through March delivery, although there were reports of smaller mills bidding as high as $16.11 per cwt (about $355 per ton) delivered. Tags: U.S. rice market, U.S. rice prices Vietnam Officials to Visit Africa, Market Rice Jan 29, 2014 Vietnam’s Ministry of Industry and Trade (MoIT) is hoping to secure a better position in the African market and is consequently urging domestic producers to grow high-quality products like fragrant and glutinous rice. Vietnam exported 600,000 tons of fragrant rice to Africa in January-August 2013, and the MoIT thinks these higher-quality rice products might be the edge Vietnam needs to challenge the increasing competition from India and Thailand.The Ministry will visit Angola and the Ivory Coast with plans to sign multiple MOUs and network with African firms.The Middle East and Africa have some of the world’s highest population growth rates and highest growth rates for per capita rice consumption. Tags: Vietnam rice exports, Africa rice imports Oryza Rice Currency Analysis for Today – Mexico Peso Down 0.9% 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
    • Jan 29, 2014 U.S. dollar index was down -0.04% from the open today, when it traded at 80.532 at the close. Euro was weaker -0.14% today by the close, trading around 1.3653 by end of day, after trading between an intraday high of 1.3685 and low of 1.3603. Today the Fed confirmed it's policy of continuted tapering QE3, as expected.Thai baht was weaker -0.05%, trading at 32.937 at the close of business. Indian rupee was stronger +0.17% at 62.4075. Brazilian real was -0.65% weaker than the open at today’s close, when it ended at 2.4373 reais per dollar. Pakistan rupee was +0.04% stronger at 105.3900. Vietnamese dong was unchanged at 21060. Mexican peso was -0.89% weaker today, when it traded at 13.3767 pesos per dollar by the close of business today. Chinese yuan was weaker -0.07%, trading at 6.0549. Argentine peso was +0.06% stronger, trading at 8.0030 pesos per dollar. Tags: foreign exchange rates House of Representatives Passes U.S. Farm Bill, Senate Next Jan 29, 2014 The Farm Bill easily cleared the United States House Wednesday, winning with a vote of 251 to 166. The Senate will start discussing the bill as soon as Thursday, but no later than next week, and it is expected to pass there as well. The five-year Farm Bill is expected to cost nearly $100 billion a year and save about $1.65 billion a year, although weather and crop successes will greatly affect the cost each year due to the variability in crop insurance payouts.In this version of the bill, major crops, including corn, soybeans, wheat, rice and cotton, will still be subsidized, but the emphasis will be on insurance programs rather than direct payments. In fact, this bill eliminates $4.5 billion a year in direct payments. The U.S. rice industry has expressed support for the bill. The passage of which will remove some uncertainties, allowing farmers to make crop planting decisions. South Korea Plans 408,700 Tons Rice Imports in 2014; Up 5% from 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
    • Jan 29, 2014 The South Korean government plans to buy at least 408,700 tons of rice (milled basis) in 2014, up about 20,347 tons or about 5% from the targeted 388,353 tons of rice in 2013, under the country’s 2014 Minimum Market Access (MMA) rice purchasing plan.The U.S. is the main rice supplier to South Korea and is expected to supply about 120,000 - 130,000 tons or about 29- 32% of the total MMA volume, according to the USDA.The 2014 MMA quota includes the MFN global quota (GQ) of 203,472 tons and the country specific quotas (CSQ) of 205,228 tons. The GQ quota comprises 21.3% of medium grain, 22.9% of short grain, 9.8% of long grain and the remainder 46% of optional varieties. The U.S. and Australia are the main suppliers of medium grain rice to South Korea; China supplies all short grain rice; while India and Southeast Asian countries (mostly Thailand) fulfill most of the long grain quota. Tags: South Korea rice imports 2014, 2014 Minimum Market Access (MMA) rice purchasing plan Japan 2013 Rice Production Increases to 7.8 Million Tons; Up 1% from Previous Year Jan 29, 2014 Japan’s rice production in 2013 increased to around 7.8 million tons (about 8.6 million tons of paddy), up about 1% from around 7.7 million tons (about 8.5 million tons of paddy) produced in the previous year, the USDA says using data from Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF).The USDA says that rice production increased in Japan in 2013 due to a slight increase in rice area and a favorable yield due to good weather conditions. According to MAFF, rice area in Japan stood at around 1.59 million hectares in 2013, up from around 1.58 million hectares in 2012, while average rice yield stood at around 5.39 tons per hectare, almost unchanged from 2012.According to the USDA, rice consumption in Japan stands at around 8.1 million tons (basis milled), and imports in 2013-14 are estimated at around 700,000 tons (basis milled). Tags: Japan rice production, Ministry of Agriculture, Forestry and Fisheries (MAFF) 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
    • Oryza Quick Glance at MDA Rice Crop Weather Update Jan 29, 2014 Oryza shares some of MDA’s latest rice crop weather updates: Rainfall is likely in the Yangtze valley in China next week. Snowfall is likely to continue in northern Japan this week. Dry weather will continue to favor rice harvest in Thailand and Vietnam this week. Rainfall may delay second crop harvest in some parts of the Philippines this week. Heavy rainfall is delaying planting in Java region of Indonesia. Planting is expected to progress well in other regions this week. Weather is expected to be dry in India, Pakistan and Bangladesh this week. Rainfall will favor rice crop in Nigeria this week. Drier weather will allow harvesting activities in some parts of Brazil this week. Rainfall is likely in the southern Delta region of the U.S. this week. For more complete weather information, contact: www.mdaus.com. Tags: Weekly weather report for rice pdf: MDA Weather.pdf Spain Missing a Taste for Rice Culture, Says Local Producer Jan 29, 2014 Spain, the second-largest European rice producing nation behind Italy, and even a producer of gourmet rice, has no rice culture, according to a Spanish rice grower. Miguel Minguet, a rice grower based in Forn d'Alcedo (Valencia) notes that Spain’s rice area is shrinking and is concerned about the future of the industry. Mr. Minguet produces a quality rice called Sivaris, exported to 25 countries.Speaking with El Pais journalist Kristin Suleng, he says, "But here we have no culture about rice, not even in Valencia. People don't know the different varieties, neither the differences between them, or for which dishes they are best suited. I was surprised by meeting famous and important Spanish chefs who knew nothing about rice.‖―Our philosophy is based on cultural education: if we have a culture for wine, for oil, for ham there must be also a culture for rice. To have persons who habitually buy and eat rice, we have to form them."Fifty years ago in 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
    • Spain there were 140 millers, now there are only nine, of which, four handle 90% of production. Also, the average age of rice growers is important: now only 3.5% are less than 40 years old, and for the older ones is more difficult to change their habits and become more proactive about educating the local market. Tags: Spanish rice, Spain rice production, rice culture India Rice Sellers Increase Most of Their Quotes Today; Other Asia Rice Quotes Unchanged Jan 29, 2014 India rice sellers increased most of their quotes by about $5 per ton today. Thailand and Pakistan rice sellers kept their quotes mostly unchanged. Vietnam rice sellers are out today due to a holiday. 5% Broken Rice Thai 5% rice (of new crop) is quoted around $435 - $445 per ton, about a $35 per ton premium over Viet 5% rice was last shown around $400 - $410 per ton. Indian 5% rice is quoted around $410 - $420 per ton, up about $5 per ton from yesterday and about a $20 per ton premium over Pak 5% rice quoted around $390 - $400 per ton. 25% Broken Rice Thai 25% rice (of new crop) is quoted about $390 - $400 per ton, about a $15 per ton premium over Viet 25% rice was last shown around $375 - $385 per ton. Indian 25% rice is quoted about $355 - $365 per ton, up about $5 per ton from yesterday and about a $10 per ton premium over Pak 25% rice quoted around $345 - $355 per ton. Parboiled Rice Thai parboiled rice of the old crop is quoted around $455 - $465 per ton. Indian parboiled rice is quoted around $400 - $410 per ton, up about $5 per ton from yesterday and on par with Pak parboiled rice quoted around $400 - $410 per ton. 100% Broken Rice Thai broken rice, A1 Super, of the old crop is quoted around $310 - $320 per ton, about a $45 per ton discount to Viet broken rice was last shown around $355 - $365 per ton. Indian broken sortexed rice is quoted about $300 - $310 per ton, up about $5 per ton from yesterday and about a $20 per ton discount to Pak broken sortexed rice quoted around $320 - $330 per ton. Tags: Asia rice quotes, Vietnam rice quotes, India rice quotes, Thailand rice quotes, Pakistan rice quotes Oryza Quick Glance at World News Jan 29, 2014 Financial Times 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
    • *U.S. President Barack Obama delivered a carefully worded message on trade in his State of the Union speech on Tuesday night, in the hope of sparking political momentum for negotiations with the EU and 11 Asia-Pacific nations without annoying skeptical members of his Democratic party. He said the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership – key planks of his second-term international economic agenda – would help generate new employment among small businesses seeking to export around the world. *Despite warnings from Prime Minister, Recep Tayyip Erdogan, that he would hold the central bank to account for any impact a rate rise would have on growth, Turkey’s central bank more than doubled the benchmark weekly repo rate from 4.5% to 10% and raised the top rate from 7.75% to 12% on Tuesday. *Benjamin Lawsky, the superintendent of financial services in New York whose tough stance on money laundering wrung a $340 million settlement from Standard Chartered, has said Bitcoin has reached a ―tipping point‖ where its potential benefits outweigh the risks of illegal activity. *South Korea’s industrial output in December grew at its quickest pace in more than four years, data released on Wednesday showed. The current account surplus doubled last month to a record, on the back of reviving exports. *Big European banks face curbs on betting with their own funds and might be forced to hive off some risky trading under keenly anticipated Brussels reforms unveiled on Wednesday. The European Commission blueprint aims to recast bank structures to reduce complexity and curb market speculation supported by statebacked deposits. *Royal Dutch Shell said on Wednesday it had agreed to sell a stake in one of its Brazilian offshore assets to Qatar’s state-owned oil and Gas Company for $1 billion. *U.K. regulators have banned a former top executive at BGC Partners after he dropped an appeal over a ruling that he led an unlawful poaching conspiracy against a rival interdealer broker and did not tell the truth about it in court. Wall Street Journal *Ukraine's president tried to placate demonstrators on Tuesday by accepting his prime minister's resignation and repealing new anti-dissent laws, but the heat remained on him as Moscow signaled it could review a massive bailout deal. *Chevron Corporation, Exxon Mobil Corporation and Royal Dutch Shell spent more than $120 billion in 2013 to boost their oil and gas output—about the same cost in today's dollars as putting a man on the moon. *Britain will take "several hundred" of the most vulnerable Syrian refugees, Deputy Prime Minister Nick Clegg said Wednesday after the government came under pressure from lawmakers to work with the U.N. to do more to help those most in need from the country's three-year civil war. *Egypt's first freely elected leader, Mohammed Morsi, faced a possible death penalty in a politically freighted trial that pits the nation's powerful judges against a former head of state who once battled them. *The E.U. has unveiled a much-delayed plan to rein in banks' proprietary trading and give supervisors the power to split off risky trading activities from safer lending operations in an effort to tackle the risks posed by banks that are deemed "too big to fail." *A top IMF official on Tuesday said emerging markets must act quickly to tame rampant inflation, but said there is no need to worry yet about a global market selloff. 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
    • *German Chancellor Angela Merkel outlined policy for her next term in office Wednesday, addressing challenges ranging from the euro zone's recovery from its financial crisis to Germany's relationship with the U.S. in the wake of the National Security Agency spying scandal. *China is expected to export a new radar-evading fighter jet as well as other advanced weapons systems in a move that could potentially see them deployed against the U.S. or its allies, a senior Pentagon official said Tuesday. New York Times *The U.N. Security Council voted unanimously on Tuesday to impose a travel ban on and freeze the assets of people suspected of war crimes in Central African Republic, as the E.U. prepared to send a battalion to protect civilians from an unrelenting sectarian war there. *Google is close to settling a three-year antitrust probe by European regulators after it offered "much better" concessions to allay concerns over blocking rivals from internet search results, two sources said on Wednesday. *The governor of the bank of England has waded into the heated question of whether Scotland would be able to use the pound should it vote to become independent, saying it would still have to give up some sovereignty. *Czech President Milos Zeman appointed a new centre-left cabinet on Wednesday, ending seven months of a power vacuum that followed the fall of the previous administration in a corruption scandal last June. *Fannie Mae, the largest U.S. home funding source, said on Wednesday it plans to sell $500 million of benchmark bills on Wednesday. *The British bank Barclays is preparing to cut as many as 400 jobs in its investment bank as part of an effort to trim its costs, according to a person familiar with the matter. Tags: World news India to Study Rice Milling Rates in 11 States Jan 29, 2014 India's Food Corporation of India (FCI) has collaborated with the Thanjavur-based Indian Institute of Crop Processing Technology (IICPT) to find the outturn ratio (OTR) of paddy in 11 rice-producing states, according to local sources.The FCI has signed a memorandum of understanding (MOU) with IICPT to conduct fresh trial milling and OTR study in 11 states: Andhra Pradesh, Bihar, Chhattisgarh, Punjab, Haryana, Maharashtra, Odisha, Tamil Nadu, Uttar Pradesh, West Bengal and Kerala. According to the FCI chairman, the study aims to determine the OTR of paddy (the milling yield of rice from paddy) as well as quality of milled rice obtained in different agro climatic zones in the states.According to local sources, the FCI is conducting the study based on requests from the rice millers and state governments for fresh trial milling and fixation of uniform OTR in the country. The study assumes significance in the light of the introduction of new varieties of paddy in the country as well as advancements in rice milling technologies. Tags: India rice milling rates, Food Corporation of India (FCI) 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
    • Ghana Targets Reduction in Rice Imports in Next Three Years Jan 29, 2014 Ghana is expected to reduce its dependence on rice imports in the next three years, according to Agriculture Minister.According to local sources, the Minister says that the Ghana government is working with large rice growers in the country to boost rice production and reduce imports. The minister says that the government is also working with the country's Crop Research Institute (CRI) to develop new varieties of rice similar to the ones imported because the Ghana people prefer imported rice that is polished and aromatic.According to CRI, tests are going on around 100 rice varieties and will be ready for cultivation after the tests are over. New rice varieties have yields up to 7.4 tons per hectare which is almost double the current average yield of around 3.7 tons per hectare, CRI officials say. However, they add that Ghana has only one mill and there are no graders, and the country needs more of those to reduce dependency on rice imports. The Agriculture Minister says that earlier attempts, such as increasing import duties on rice, to reduce rice imports have failed and the government spends around $200 - $400 million annually on rice imports. He adds that the bulging import bill is putting a downward pressure on the country's currency credit.According to the USDA, Ghana is expected to import around 575,000 tons of milled rice in MY 2013-14, almost unchanged from MY 2012-13. The US agency estimates Ghana’s rice production to reach around 300,000 tons in MY 2013-14, up about 4% from around 289,000 tons in the previous year. However, Ghana’s rice consumption stands at around 925,000 tons, more than three times the domestic production. Ghana’s rice acreage in 2013-14 is expected to increase to around 200,000 hectares, up from around 190,000 hectares in the previous year. Tags: Ghana rice production, Ghana rice imports Indonesia Trade Ministry Probes Non-Specialty Rice Imports from Vietnam Jan 29, 2014 Indonesia's Trade Ministry has launched an investigation on the alleged illegitimate entry of over 16,000 tons of Vietnamese rice into Jakarta's Pasar Cipinang market last year, according to local reports.The Trade Ministry says that it has received a complaint from a merchant in Cipinang regarding the entry of non-specialty rice into the market. The ministry says that records show that the rice from Vietnam had all the required permits to enter Indonesian market and the Customs office also confirms that the importer secured a permit from the Trade Ministry. However, the Trade Ministry is concerned because only Indonesia's state-owned logistics firm Bulog is permitted to import non-specialty rice (in emergency situations and to maintain buffer stocks and prices) and Bulog reportedly did not import any rice in 2013.The Indonesian government allows private companies to import specialty rice, such as basmati and japonica. Customs data shows that 58 private importers obtained Trade Ministry's permission to buy specialty rice from Vietnam in 2013 and they recorded 83 transactions importing 16,900 tons. The Trade Ministry is probing to know if any other institution other than Bulog has imported the rice under question. Indonesia's Chief Economic Minster said he will seek a clarification from the country's Trade Ministry over the matter.According to the USDA, Indonesia’s rice imports are expected to 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
    • reach around 1.5 million tons in MY 2013-14, up about 50% from around one million tons in MY 2012-13. However, the Indonesia government says there will be no rice imports in 2014. Tags: Indonesia rice imports Mexico Targets 50% Increase in Rice Production by 2018 Jan 29, 2014 Mexico is aiming to increase domestic production of paddy rice to 270,000 tons in 2018, up about 50% from around 180,000 tons produced in 2012 under a new 6-year Agricultural Development Plan, according to the USDA.The new six-year (2013-2018) Agricultural Development Plan aims to focus on increasing productivity of select agricultural items, including rice, while increasing farm incentives and decreasing subsidies.The Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) approved the 20132018 Agricultural, Fisheries and Food Development Program in December 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
    • The Program is part of the National Development Plan announced on May 20, 2013 and includes a comprehensive strategy to build a productive, competitive, profitable, fair and sustainable food sector in Mexico, while ensuring food security of the country.The program aims to achieve a yearly growth of 3% in the agricultural and fisheries sectors in the next six years. It also focuses on achieving positive trade balance (between value of exports and imports) in the Agro-food sector.The Program also focuses on achieving equilibrium in supply and demand of food products, and mentions that imports should be a complement and not a substitute for domestic production. It directed SAGARPA to coordinate with the Economy Secretariat (SE) to accomplish supply-demand balance in the country. Effectively, the Program aims to reduce price distortions and impacts on the supply of food products in the domestic market due to imports.The Secretariat said that the new Program will be implemented in an "Innovative, Flexible, Agile and Transparent" (IFAT) manner.Mexico is a net importer of rice. According to the USDA, Mexico's milled rice production in MY 2013-14 is expected to decline to around 129,000 tons, down about 1.5% from around 131,000 tons in MY 2012-13. Rice imports by Mexico in MY 2013-14 are expected to increase to around 750,000 tons (milled basis), up about 3.5% from around 725,000 tons in MY 2012-13. Tags: Mexico rice production, six-year (2013-2018) Agricultural Development Plan, 2013-2018 Agricultural, Fisheries and Food Development Program 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