4th February, 2014

Share developments
in RICE
and allied sectors,
Promote the Concept of
Knowledge Economy
Dear Sir/Madam...
TOP Contents - Tailored for YOU
Latest News Headlines…
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Philippines Average 2013 Rice ...
Average domestic rice
prices in the Philippines
were up about 4% – 5%
higher in the calendar
year 2013 compared to
the pre...
Thailand rice
exports have
declined for
the
second
consecutive
year, reaching
around
6.6
million tons
in
the
calendar year...
Tags: Thailand rice exports 2013

Argentina Rice Lowest Offer in Iraq Rice Tender for 30,000 Tons
Feb 03, 2014

Argentine ...
asked how basmati and non-basmati were graded, the U.S. and Canada asked whether India contracted price for
wheat exports ...
Indian broken sortexed rice is quoted about $295 - $305 per ton, about a $25 per ton discount to Pak broken
sortexed rice ...
Secretary’s involvement in the illegal activities in rice smuggling.The Commission of Audit (COA) has already
begun a frau...
*South Africa’s main opposition party has accused Mamphela Ramphele, the prominent black rights activist, of
reneging on a...
*Al Qaeda's general command said it had no link with the Islamic State in Iraq and the Levant (ISIL) and that it
was not r...
Zanzibar Farmers Disappointed with ‘New Rice For Africa’ Seed
Feb 03, 2014

The acting minister for Agriculture and Natura...
Ms. Yingluck has already announced that the rice mortgage program will not continue beyond this month. The
rice mortgage p...
(R&D) in biotechnology and appealed to the private sector to work with the government.
He asked agricultural scientists to...
Long grain fragrant rice
Thailand Hommali 92%
945-955
Vietnam Jasmine
555-565
↔
India basmati 2% broken
1515 -1525
Pakista...
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4th february,2014 daily exclusive oryza e newsletter by riceplus magazine

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4th february,2014 daily exclusive oryza e newsletter by riceplus magazine

  1. 1. 4th February, 2014 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 mujahid.riceplus@gmail.com, riceplus@irp.edu.pk 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. TOP Contents - Tailored for YOU Latest News Headlines…                   Philippines Average 2013 Rice Prices Up 5% Y-o-Y Thailand 2013 Rice Exports Decline to 6.6 Million Tons Due to Political Turmoil, High Prices Argentina Rice Lowest Offer in Iraq Rice Tender for 30,000 Tons Namibia Focuses on Full-Scale Rice Production India Denies Export of Subsidized Grains at WTO Asia Rice Quotes Unchanged Today Indonesia Agriculture Professor Urges Philippines to Redefine Self Sufficiency in Rice Policy Philippines NBI to Reinvestigate 2010 Rice Smuggling Reports Improving Hybrid Rice Grain Quality, Yield is Vital for U.S. Louisiana State Rice Producers, Says LSU AgCenter Director Oryza Quick Glance at World News Oryza U.S. Rough Rice Recap – Uneventful Market as Bids Drop with Futures; Awaiting Iraqi Tender Results U.S. Senate Passes Five-Year Farm Bill, Finally Zanzibar Farmers Disappointed with ‘New Rice For Africa’ Seed IRRI to Launch New Crop Plating Resource Tool – ORYZA3000 Another Thailand Election Expected after Protests Disrupted Voting; Mortgage Scheme to End this Month Oryza Rice Currency Analysis for Today – Mexico Peso Down 1.4% India PM Urges People to Drop Prejudice Against GM Crops Oryza Global Rice Quotes NEWS DETAILS: Philippines Average 2013 Rice Prices Up 5% Y-o-Y 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. Average domestic rice prices in the Philippines were up about 4% – 5% higher in the calendar year 2013 compared to the previous year, with average prices remaining high in the last few months of 2013, according to the Bureau of Agriculture Statistics (BAS).Average paddy rice price stood at around P16.94 per kilogram in 2013, up about 4.5% from around P16.22 per kilogram in 2012. Average wholesale price of well-milled rice (WMR) stood at around P34.48 per kilogram in 2013, up about 5% from around P32.82 per kilogram in 2012. Average WMR retail price stood at around 36.87 in 2013, up about 4.5% from around P35.3 per kilogram in 2012. Average wholesale price of regular-milled rice (RMR) stood at around P31.56 per kilogram in 2013, up about 5% from around P30.04 per kilogram in 2012. Average RMR retail price stood at around P33.70 per kilogram in 2013, up about 5% from around P32.08 per kilogram in 2012.In terms of USD per ton (using historical exchange rates), average paddy rice price stood at around $399 per ton in 2013, up about 3.5% from around $386 per ton in 2012. Average wholesale price of well-milled rice (WMR) stood at around $813 per ton in 2013, up about 4% from around $781 per ton in 2012. Average retail price of well-milled rice (WMR) stood at around $870 per ton in 2013, up about 3.5% from around $840 per ton in 2012.Average wholesale price of regular-milled rice (RMR) stood at around $744 per ton in 2013, up about 4% from around $714 per ton in 2012. Average retail price of regular-milled rice (RMR) stood at around $795 per ton in 2013, up about 4% from around $763 per ton in 2012. Tags: Philippines rice prices Feb 03, 2014 Thailand 2013 Rice Exports Decline to 6.6 Million Tons Due to Political Turmoil, High Prices Feb 03, 2014 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. Thailand rice exports have declined for the second consecutive year, reaching around 6.6 million tons in the calendar year 2013, down about 5% from around 6.7 million tons exported in 2012, and down about 17% from the government target of 8 million tons, according to preliminary estimates by the USDA Post in Bangkok.Thailand lost its top rice exporter status in 2012, when the country’s rice exports stood at around 6.9 million tons, down about 35% from around 10.6 million tons exported in the previous year. Traders said rice exports declined mainly because of artificially high prices (about 40-50% higher than market prices) due to the government rice mortgage program which began in October 2011. The government soon became the largest buyer of rice in the country and government rice stocks are estimated at around 12.8 million tons at the end of 2013, up about 130% from around 5.6 million tons in 2011.Lack of funds forced the government to rethink its rice policy and the National Rice Committee recently decided to discontinue the rice mortgage program after the first phase ends in February 2014. However, political turmoil, corruption and lack of funds are growing challenges for the rice sector in Thailand. Only about 45.8% of voters participated in the elections held on February 2, 2014, and protesters -- which included thousands of rice farmers upset with delayed payments under the rice mortgage program -- prevented polling in some parts of the country. The Election Commission may order a re-election within 180 days, which means that rice farmers and exports may continue to suffer for another six months.Meanwhile, the caretaker Trade Minister says that the ongoing probe by the National Anti-Corruption Commission (NACC) into the rice mortgage program may lead to cancellation of a government-to-government deal to export one million tons of rice to China. 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. Tags: Thailand rice exports 2013 Argentina Rice Lowest Offer in Iraq Rice Tender for 30,000 Tons Feb 03, 2014 Argentine rice was offered lowest in the international tender from Iraq to buy at least 30,000 tons. The tender closed on February 2, 2014, and offers must remain valid until February 6, 2014.According to trade sources, Argentine rice was offered lowest at $703.80 per ton cif free out (ciffo), Uruguayan rice was offered lowest at $713 per ton ciffo and U.S. rice was offered lowest at $725.60 per ton ciffo. No purchase has yet been made in the tender. Tags: Argentina rice exports, Iraq rice tender, U.S. Rice exports, Uruguay rice exports, Iraq rice imports Namibia Focuses on Full-Scale Rice Production Feb 03, 2014 Traditional rice importer Namibia is planning to get into full-scale rice production soon to improve food security of the country, according to local sources.An agricultural research technician in the Ministry of Agriculture, Water and Forestry (MAWF) told sources that the completion of modern infrastructure at the Kalimbeza National Rice Project near Katima Mulilo will allow Namibia to increase its rice production and boost the country's food security.The MAWF technician says that harvest of three varieties of rice - as part of trial farming under the Kalimbeza National Rice project - will end by February 2014. The MAWF is targeting 75 tons of rice from 30 hectares, which is equivalent to an average of 2.5 tons per hectare under the project. Two short rice varieties, Irga and Angola, are expected to reach the local market by March 2014 and a long variety Supa is expected to reach by May 2014. If this goes off as planned, the Ministry will extend the production to around 220 hectares, MAWF says.The project also aims at completing the warehouse, which includes a storeroom, a processing plant, a research laboratory, a milling machine, and the office complex. The partnership between University of Namibia (Unam) and universities in rice expertise such as Nagoya in Japan and Gadja Mada in Indonesia is expected to equip Namibians with the necessary skills and competencies to increase rice production in the country. Tags: Namibia rice production, Ministry of Agriculture, Water and Forestry (MAWF) India Denies Export of Subsidized Grains at WTO Feb 03, 2014 The Indian government has denied the charges by some countries including the U.S. and Pakistan that India exports subsidized rice and wheat grains, according to local sources.In a meeting of the WTO's Committee on Agriculture on January 29, 2014, the U.S., Pakistan and Canada had questioned India whether its grain exports followed the World Trade Organization (WTO) rules. While Pakistan questioned India's rice export figures and 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. asked how basmati and non-basmati were graded, the U.S. and Canada asked whether India contracted price for wheat exports was lower than the floor price and lower than the U.S. and Canada wheat export prices.However, India has denied such claims. Government sources say India was not exporting subsidized grains and is complying with all international norms. They added that India will send its response with supporting data in the next few weeks.The development comes less than two months after the WTO's ninth ministerial conference in Bali, Indonesia, where India succeeded in renegotiating the agreement related to food subsidies. Developed countries led by the U.S. had opposed renegotiating the agreement on agriculture subsidies nearly two decades ago as there were concerns that international markets may be flooded with subsidized grains. However, getting that deal was important for India keeping in view its cost of building stocks for food security. According to the deal, there would not be legal action on the developing countries for breaching farm subsidy limits, which were fixed at 10% of total produce, on items covered under the country's food security programs.Trade experts expect India to breach the WTO prescribed subsidy limits once it fully implements its Food Security Program. Experts say that developed countries may target India’s future grain exports and may even seek damages or restriction on shipments because India got the deal without the support of the developed countries. Tags: India food security law, World Trade Organization (WTO), India food subsidies Asia Rice Quotes Unchanged Today Feb 03, 2014 Thailand, India and Pakistan rice sellers kept their quotes mostly unchanged today. 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 last shown around $400 - $410 per ton. Indian 5% rice is quoted around $410 - $420 per ton, 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 last shown around $375 - $385 per ton. Indian 25% rice is quoted about $355 - $365 per ton, 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 $395 - $405 per ton, about $10 per ton discount to Pak parboiled rice quoted around $405 - $415 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 last shown around $355 - $365 per ton. 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. Indian broken sortexed rice is quoted about $295 - $305 per ton, about a $25 per ton discount to Pak broken sortexed rice quoted around $320 - $330 per ton. Tags: Asia rice quotes, India rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes Indonesia Agriculture Professor Urges Philippines to Redefine Self Sufficiency in Rice Policy Feb 03, 2014 Former Indonesian Agriculture Minister and Professor, Dr. Sjarifudin Baharsjah, has urged the Philippines to redefine its self sufficiency in rice policy and consider availability of natural resources and poverty levels in the country.Citing the Indonesian experience, Dr. Sjarifudin Baharsjah says the rice self-sufficiency policy of the Philippine government should continue as it improves the economy of the country, but warns that the policy might lead to dire consequences if not designed properly. He says Indonesia achieved rice self-sufficiency through Green Revolution technology with the support of the government, but the Indonesian experience shows how government policy along with opening of the domestic market leads to poverty and unemployment in rural areas. Dr. Sjarifudin Baharsjah says the Philippine government has to redefine their program addressing the “agriculture economic involution” of the rural areas as most of the country's population lives in rural areas. He adds that a self-sufficiency program should be based on the actual availability of natural resources and the best possible agricultural practices being adopted. Such a program would ensure production of enough food for the country, higher farm income, welfare of farmers and contribute in national development.Dr. Baharsjah was recently awarded with the 2013 Dioscoro L Umali Award in Agricultural Development. The Umali Award is a collaboration between the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), the National Academy of Science and Technology (NAST) of the Philippines, and the Dioscoro L. Umali Foundation (DLUF). Tags: Philippines self sufficiency in rice, Dr. Sjarifudin Baharsjah, 2013 Dioscoro L Umali Award, Indonesia self sufficiency in rice Philippines NBI to Reinvestigate 2010 Rice Smuggling Reports Feb 03, 2014 The National Bureau of Investigation (NBI) in the Philippines has formed a task force to reinvestigate reports of alleged rice smuggling in the country in 2010, in accordance to Justice Secretary Leila de Lima’s order to reopen the probe, according to local sources.The task force includes the NBI's anti-graft division and its regional office in Metro Manila. According to local sources, the task force held its first conference on January 30, 2014 in which some officials of the National Food Authority were questioned. The probe assumes significance because several consumer groups have questioned both the government’s and the NFA's role in the rice smuggling in the country. Recently, a consumer group alleged that the NFA issued import permits to rice traders linked to smuggling activities, while another group alleged of the Agriculture 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. Secretary’s involvement in the illegal activities in rice smuggling.The Commission of Audit (COA) has already begun a fraud audit of the NFA, and is auditing the transactions of the NFA in the last seven years. According to the COA Chairman, the audit found "some badges of fraud" in the NFA transactions. However, the Department of Agriculture (DA) has denied allegations of collusion with rice smugglers. Tags: Philippines rice smuggling Improving Hybrid Rice Grain Quality, Yield is Vital for U.S. Louisiana State Rice Producers, Says LSU AgCenter Director Feb 03, 2014 Improving grain quality and yield of hybrid rice is the major challenge for rice producers in Louisiana state, in the U.S., in 2014, according to the Louisiana State University AgCenter Research Station Director.The LSU AgCenter Director told local sources that improving both grain quality and yield of rice hybrids is important for the Louisiana state rice producers as the state produced a record 8.15 tons of rice per hectare in 2013 and this year the rice acreage is expected to increase further. He says that though hybrids have a significant yield advantage over the pure line varieties, hybrids have lower whole grain yields after milling and more chalk in the milled rice kernel. The AgCenter scientists are therefore working to enhance the yield of these hybrid varieties while improving the grain quality and appearance, he adds.The LSU AgCenter Director also said that this year more emphasis would be given to growing medium type grain in the state as it is attracting a premium compared to long grain types. He said the Louisiana rice is exported to many countries and expressed confidence that up to 70% of the Louisiana rice crop can enter the export market in the next few years. He emphasized that the state’s rice growers could partner with China, which has been boosting its rice imports in recent years, and it could be an excellent market for Louisiana produced rice in the coming years. He also added that more young people are taking up rice farming in recent years and it is a good sign for the state’s rice industry. Tags: U.S. rice production, Louisiana State University AgCenter Research Station (LSU AgCenter) Oryza Quick Glance at World News Feb 03, 2014 Financial Times – *India’s struggling telecoms industry is today due to kick off its latest round of spectrum auctions of about $1.8 billion, after the nation’s Supreme Court on Sunday rejected a last-minute petition from Vodafone and Bharti Airtel to delay the contest. *North Korea is stepping up pressure on the U.S. and South Korea to cancel a major military exercise due to begin next month, with a senior official warning that the drills will push the peninsula “to the brink of war.” 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. *South Africa’s main opposition party has accused Mamphela Ramphele, the prominent black rights activist, of reneging on an agreement to become its presidential candidate, in an embarrassing blow to the opposition weeks ahead of elections. *Seven hedge funds have filed a €1.8 billion lawsuit against Porsche’s chairman and another board member, in the latest legal tussle related to the carmaker’s failed takeover bid for Volkswagen. *Electricity-starved Pakistan is close to signing a deal with Qatar worth as much as $2.5 billion a year for the supply of liquefied natural gas (LNG) from the Gulf emirate to fuel Pakistan’s power grid, according to senior officials in Islamabad. *Philip Seymour Hoffman, the award-winning actor, was found dead in his New York apartment on Sunday, the police said. *Indonesian exports rose 10.3% from a year earlier in December, easily beating forecasts for a 1.7% gain. Imports fell 0.8%. The jump in exports helped the trade balance produce a surplus of $1.52 billion in December, doubling estimates in a Bloomberg poll. *The proposed Keystone XL oil pipeline from Canada to Nebraska has cleared a vital hurdle, as a State Department report said blocking the project would not stop an increase in production from the oil sands of Alberta. Wall Street Journal*Thailand's consumer-price index rose 1.93% on year in January, accelerating slightly from December's 1.67% increase, Commerce Ministry Deputy Permanent-Secretary Urawee Ngowroongrueng said Monday. *The U.S. and E.U. are stepping up efforts to sway the outcome of the political crisis in Ukraine, putting together a short-term financial aid plan in a move to counter pressure from Moscow. *The six powers negotiating a nuclear accord with Iran will take the time they need to seal what will be an "extremely difficult" accord even if that means extending their six-month timeline, E.U. foreign-policy chief Catherine Ashton said. *India's weakest economic expansion in a decade was worse than previously estimated, as the government Friday slashed its official growth figure for the latest fiscal year in Asia's third-largest economy. India's statistics ministry said the economy grew 4.5% in the year ended March 31, 2013, falling short of its estimated rate of 5%. *Thailand's national elections were marred by protests and ended with inconclusive results that were likely to extend the country's political paralysis. Voting was disrupted in 11% of electoral districts, making it impossible to tally final results, said Supachai Somcharoen, chairman of the country's Election Commission. *Israeli officials lashed out at Secretary of State John Kerry for warning the Jewish state about rising boycotts should peace talks with the Palestinians fail, reflecting tension between the allies as details emerged of a U.S. peace framework. *A strong earthquake with a preliminary magnitude of between 5.7 and 6.1 hit the western Greek island of Kefalonia before dawn Monday, sending panicked residents into the streets just over a week after a similar quake damaged hundreds of buildings on the island. *China official nonmanufacturing Purchasing Managers' Index fell to 53.4 in January from 54.6 in December, the China Federation of Logistics, and Purchasing said on Monday. The federation's official manufacturing PMI, a companion index, fell to 50.5 in January compared with 51 in December, it said on Saturday. New York 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
  10. 10. *Al Qaeda's general command said it had no link with the Islamic State in Iraq and the Levant (ISIL) and that it was not responsible for the actions of the militant group, which has clashed with other Syrian rebels this year. *The U.S. downgraded India's aviation-safety ranking on Friday, citing inadequate oversight by local regulators and effectively barring the country's fast-growing airline industry from increasing service to American cities. *Lloyds banking group is preparing a new offer of shares to the public and is in discussions with regulators over resuming dividend payments in the second half of 2014. *Markit's final Eurozone Manufacturing Purchasing Managers' Index rose to 54.0 last month, piping an earlier flash reading of 53.9 and comfortably ahead of December's 52.7. The last time it was higher was in May 2011. *The U.S. Department of Justice is investigating banks, private equity firms, and hedge funds that may have violated anti-bribery laws in their dealings with Libya's government-run investment fund, the Wall Street Journal reported, citing people familiar with the matter. *Russian hypermarket chain Lenta, part owned by U.S. private equity firm TPG, said on Monday it would float in London, tapping demand from investors for consumer-focused stocks buoyed by a rising middle class. Tags: World news Oryza U.S. Rough Rice Recap – Uneventful Market as Bids Drop with Futures; Awaiting Iraqi Tender Results Feb 03, 2014 The U.S. cash market was uneventful today as sleet covered parts of the U.S. mid-south inhibiting the movement of rice. The market is currently waiting for the results from the latest Iraqi tender and early reports indicate that the U.S. was more than $20 per ton greater than the cheapest South American Offer. Analysts expect that we should have the final results by Friday. New crop offers could still be found today around $13.33-$14.44 per cwt fob farm (about $294-$318 per ton) depending on where they are located while most bids were said to be near $13.00-$13.33 per cwt fob farm (about $287-$294 per ton).As for old crop, offers could still be found as low as $15.55 fob farm (about $343 per ton) although most farmers have now set their sights on $16.11 per cwt fob farm (about $355 per ton) or higher. Bids from larger mills decreased again today to around $14.80 per cwt (about $326 per ton) while bids for exporters could still be found around $15.50 per cwt (about $342 per ton), both for February through March delivery, however there were no trades reported today. Tags: U.S. rice prices, U.S. rice market U.S. Senate Passes Five-Year Farm Bill, Finally Feb 03, 2014 Monday evening the U.S. Senate passed the new five-year Farm Bill 72-22 after two years of debate and revision. The Congressional Budget Office (CBO) is expected to release an updated budget forecast Tuesday. In early March, the government will set crop insurance premiums for Midwest corn states for the 2014 crop year, and CBO will update the budget at that time. Tags: U.S. Farm Bill 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. Zanzibar Farmers Disappointed with ‘New Rice For Africa’ Seed Feb 03, 2014 The acting minister for Agriculture and Natural Resources reports that rice farmers in Zanzibar aren’t pleased with the NERICA (New Rice for Africa) seed rice they’ve been asked to plant. For the last four years Zanzibar farmers have been encouraged to grow NERICA rice, which is a hybrid of high-yielding Asian rice and diseaseresistant African rice. The Agriculture minister rejected claims that the rice struggles to grow in Zanzibari soil and said farmers don’t like it because “it does not have a pleasant aroma.”Zanzibar is trying to achieve food self-sufficiency but currently grows only 16% of the 80,000 tons of rice consumed there annually. The government and organizations such as Feed the Future are trying to increase irrigation from 700 hectares in the country to 8,500 hectares by 2017. Tags: Zanzibar rice production, NERICA (New Rice for Africa) IRRI to Launch New Crop Plating Resource Tool – ORYZA3000 Feb 03, 2014 Farmers from Indonesia, the Philippines, Thailand, and Vietnam will soon have a new resource to help them plan crop plantings. Scientists working with the International Rice Research Institute (IRRI) in the Philippines are refining the current computer program (ORYZA2000), which provides information such as rice yield estimates for a given planting period based on data such as temperature, wind speed, and precipitation. Japanese researchers have worked to speed up the ORYZA2000 program and better account for monsoons and climate change. The result is a new program called ORYZA3000. It’s creators say the biggest challenge now facing the effectiveness of ORYZA3000 is the availability of meteorological data and data collection from the rice fields.IRRI has made ORYZA2000 source code available in the public domain so that anyone can use it and adapt it. The source code for ORYZA3000 will not be made public. Tags: International Rice Research Institute (IRRI), ORYZA2000, ORYZA3000, rice planting, crop planting technology Another Thailand Election Expected after Protests Disrupted Voting; Mortgage Scheme to End this Month Feb 03, 2014 Thai citizens were looking forward to some resolution this week as they head to the polls for national elections, but unfortunately the Election Commission has said that election results are inconclusive. In 11% of electoral districts, protests disrupted the democratic process to the point of preventing a final tally. The protests were violent this weekend, with seven people injured on Saturday, the day before elections, when rival factions entered into a gun battle in Bangkok. Many protestors are showing their displeasure with the current Prime Minister, Yingluck Shinawatra. 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. Ms. Yingluck has already announced that the rice mortgage program will not continue beyond this month. The rice mortgage program had received excessive criticism both domestically and internationally.The Election Commission hopes to have a new election date for citizens in areas where they were unable to vote. Many Thais are critics of both the current caretaker government and the opposition leadership, leading Thai citizen between a rock and a hard place. Tags: Thailand rice mortgage scheme, Thailand political unrest Oryza Rice Currency Analysis for Today – Mexico Peso Down 1.4% Feb 03, 2014 U.S. dollar index was down -0.32% from the open today, when it traded at 81.052 at the close. Euro was stronger +0.30% today by the close, trading around 1.3527 by end of day, after trading between an intraday high of 1.3536 and low of 1.3477. Thai baht was stronger +0.27%, trading at 32.932 at the close of business. Indian rupee was stronger +0.13% at 62.5750. Brazilian real was -1.12% weaker than the open at today’s close, when it ended at 2.4403 reais per dollar. Pakistan rupee was -0.13% weaker at 105.6100. Vietnamese dong was unchanged at 21060. Mexican peso was -1.37% weaker today, when it traded at 13.5433 pesos per dollar by the close of business today. Chinese yuan was stronger +0.01%, trading at 6.0606. Argentine peso was +0.05% stronger, trading at 8.0133 pesos per dollar. India PM Urges People to Drop Prejudice Against GM Crops Feb 03, 2014 The Indian Prime Minister (PM) says that the Genetically Modified (GM) crops have great potential to improve yields and while safety is important people should not succumb to unscientific prejudices against GM crops.The PM said that the Department of Biotechnology has started private public partnerships in research and development 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. (R&D) in biotechnology and appealed to the private sector to work with the government. He asked agricultural scientists to launch an ever-green revolution to ensure food security and to improve land and water productivity.Currently, India does not allow cultivation of GM food crops including GM rice, but government representatives are largely in favor of introduction of GM rice and other GM foods. Last year, the Genetic Engineering Appraisal Committee (GEAC) approved experimental field trials of some GM plants, but the government postponed it because the matter is pending approval in the Supreme Court.Activists remain opposed to GM crops in India. They say that not enough tests have been done on GM crops and add that allowing GM crops will hurt the country’s exports due to fear of contamination among rice importing countries. Tags: India rice, Genetically Modified rice Oryza Global Rice Quotes February 3rd, 2014 Long grain white rice - high quality Thailand 100% B grade 450-460 Vietnam 5% broken 400-410 ↔ India 5% broken 410-420 ↔ Pakistan 5% broken 390-400 ↔ Cambodia 5% broken 450-460 ↔ U.S. 4% broken 585-595 ↔ Uruguay 5% broken 625-635 ↔ Argentina 5% broken 625-635 ↔ Long grain white rice - low quality Thailand 25% broken 390-400 ↔ Vietnam 25% broken 375-385 ↔ Pakistan 25% broken 345-355 ↔ Cambodia 25% broken 420-430 India 25% broken 355-365 ↔ U.S. 15% broken 565-575 ↔ ↔ ↔ Long grain parboiled rice Thailand parboiled 100% stxd 455-465 Pakistan parboiled 5% broken stxd 405-415 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 ↔ ↔ ↔ ↔ 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. Long grain fragrant rice Thailand Hommali 92% 945-955 Vietnam Jasmine 555-565 ↔ India basmati 2% broken 1515 -1525 Pakistan basmati 2% broken NQ ↔ Cambodia Phka Malis 895-905 ↔ Brokens Thailand A1 Super 310-320 ↔ Vietnam 100% broken 355-365 Pakistan 100% broken stxd 320-320 Cambodia A1 Super 365-375 ↔ India 100% Broken stxd 295-305 Egypt medium grain brokens NQ ↔ U.S. pet food 470-480 ↔ 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 Contents are published with permission of ORYZA For Advertising SPECS & RATES Contact: Advertising Department Mujahid Ali mujahid.riceplus@gmail.com +92 321 39 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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