5th February , 2014

TOP Contents - Tailored for YOU
Latest News Headlines…






 Abu Dhabi set to become hub for th...
NEWS Detail…

Abu Dhabi set to become hub for the ‘queen of rice’
Triska Hamid
February 5, 2014 Updated: February 5, 2014 ...
farmers.TDRI president Somkiat Tangkitvanich
said the rice pledging scheme was bankrupt from
the start because the governm...
a controversial rice intervention scheme.Thailand's embattled government desperately needs money to pay farmers
for rice i...
which was boycotted by the opposition.The rice programme was among the populist policies pioneered by
Yingluck's brother, ...
faces charges of murder related to violence in 2010 when, as deputy prime minister, he sent in troops to crush
protests by...
corrupt while seeking to overthrow Yingluck‘s administration with months of rallies in Bangkok and attempts
to disrupt ele...
supply from irrigation systems in the country's north, which unlike the south relies more heavily on irrigation,
the paper...
last Nov. 5, 2013 to hold over 3.3 tons of rice owned by Starcraft for lacking the requisite special permits from
the Nati...
Yanyong also urged the media to be extra careful when presenting the news related to the rice pledging scheme,
citing rece...
bank projected that loan extensions will grow by 8-10% this year, which is in line with economic growth but
lower than te ...
rice procurement target. The entire 45,000 tonnes of wheat from abroad would reach soon as we have already
opened the LC,"...
Control Services, a division under the Bureau of Plant Industry that oversees seed and planting material
production, proce...
some 30 new varieties IRRI developed to help mitigate climate change are rice plants that are salt-tolerant – the
―Salinas...
‗Sahod-ulan‖
The sahod ulan variety, on the other hand was one of drought-tolerant varieties which have been released in
s...
―This is what we are really studying at the moment," she added.However, Agriculture Assistant Secretary and
National Rice ...
Asian farmers introduced to flood-resistant 'scuba rice'
Updated 6 February 2014, 14:18 AEST
Scientists are promoting the ...
MALABAYABAS: Since they have a small area if they're going to a lot it or put a part of their area to that
variety and the...
paper copy of the Arkansas Democrat Gazette that had been folded into the shape of an envelope.Each of the
baggies and pac...
week later, in a separate case, the FBI field office in the southern district of Iowa announced it had arrested six
Chines...
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5th february,2014 daily global rice e newsletter by riceplus magazine

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5th february,2014 daily global rice e newsletter by riceplus magazine

  1. 1. 5th February , 2014 TOP Contents - Tailored for YOU Latest News Headlines…      Abu Dhabi set to become hub for the ‘queen of rice’  Thailand’s think tank: Govt cornered to dead-end on rice scheme  UPDATE 2-Thai rice exporters see higher 2014 shipments, but prices under pressure  Thai protest leader mocks, PM defends rice-buying scheme  Thai Government Seen Increasing Rice Sales After China Cancels  Export Forecast  Laos Falls Short of Dry Season Rice Production Target  NBI expands inquiry on rice smuggling  The cancelled Chinese's rice deal will not affect wider exports  Yanyong': Stockpiled rice sold at market prices  BoT seeks to allay rice loan fears  Rice import in pvt sector rises significantly in recent months  PhilRice warns farmers about fake rice seeds '3-IN-1' RICE | Variety to survive wet, dry, salty conditions in advanced research stage Curbing smuggling is needed, not changing rice policy, says Agri official Asian farmers introduced to flood-resistant 'scuba rice' Rice Heists: Why the FBI Is Arresting Chinese Agricultural Scientists 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. NEWS Detail… Abu Dhabi set to become hub for the ‘queen of rice’ Triska Hamid February 5, 2014 Updated: February 5, 2014 17:05:00 BU DHABI // For centuries, Arab and Persian traders on horseback set out from the peninsula to bring back that most prized Indian export, basmati rice.Today, such is the appetite for biryani and pilau – cooked, of course, with only the most fragrant, long-grained rice – that the region is the world‘s number one importer.Soon packets of the ―queen of rice‖, as it is known, will bear the sticker: processed and polished in Abu Dhabi.The capital‘s Al Dahra Agriculture is planning to invest US$150 million (Dh550m) in building a local factory to process basmati rice.The company hopes its mill, which is expected to open in 16 months‘ time, will enable Abu Dhabi to become a rice hub for the rest of the Middle East. It comes after signing a joint venture in October last year with Kohinoor Food, which owns one of the largest mills in India. Kohinoor will lend its expertise to the project. The mill will also store and distribute the rice and be based in Kizad, the Khalifa Industrial Zone Abu Dhabi.The plant will initially focus on processing and polishing basmati rice and will look at incorporating other types of rice in the future.―We are doing this for two reasons,‖ said Nael Khalil Saifan, the chief operating officer at Al Dahra, at the Global Forum of Innovation in Agriculture in the capital. ―One for food security. We need to keep a minimum stock inside the country, we will have more than 60 silos. The other objective is to approach the Middle East market.‖Saudi Arabia, Iraq and Iran are the world‘s biggest importers of basmati rice, accounting for more than 90 per cent of global exports.Basmati is one of the premium varieties of rice, grown mostly in northern India, including the Punjab region straddling India and Pakistan. More than 70 per cent of the world‘s supply comes from India, and the rest from Pakistan. Kenya also produces a kind of basmati, while the US variety is called Texmati.Basmati exports from India are about four million tonnes a year, while Pakistan exports close to a million tonnes. About three million of that overall total is exported to the Middle East.The mill in Kizad will process 100,000 tonnes a year of basmati rice initially, of which 75,000 tonnes will be for the UAE.The company will then gear up to export more to the rest of the region. ―I think we can double production over the next five years,‖ said Mr Saifan. thamid@thenational.ae Thailand’s think tank: Govt cornered to dead-end on rice scheme Wednesday, 05 February 2014 By MCOT – Feb 5 – The Thailand Development Research Institute (TDRI) has said the controversial rice subsidy scheme has reached a dead-end and urged the government to urgently sell rice in its stocks to get money to pay 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. farmers.TDRI president Somkiat Tangkitvanich said the rice pledging scheme was bankrupt from the start because the government bought rice at high price but sold the grain at cheap price.The government lacked an accounting system and the financial burden was as high as Bt124 billion while it is expected to earn only Bt10-15 billion from rice trading this year, he said.The TDRI president said problems arising from the rice scheme were beyond liquidity crisis, adding that the government had paid Bt700 billion between 2011 and 2013 to purchase rice from farmers but earned only Bt150 billion. The government is short of Bt500 billion while the two-year rice programme has wreaked havoc on the Thai economy and destroyed the rice trading system, said Dr Somkiat.Ammar Siamwalla, TDRI distinguished scholar, described the rice subsidy programme as ―corruption with receipts‖ and ―gigantic corruption racket.‖It is a political party‘s populism policy to win over voters in the short term but damaged the country‘s economy in the long term, he said.He said the government‘s assets, its rice in stock, are abundant but it could go bankrupt if it keeps the rice for too long, or until the quality drops.The government‘s only solution is to urgently sell the rice to make money to pay farmers, said Dr Ammar, adding that the government should recover some of the corruption money from rice sales to contribute to payments to farmers.TDRI distinguished fellow Nipon Poapongsakorn said Thailand‘s rice export status will plunge lower if the government insists on continuing the rice pledging programme, and such a move will pave the way for Vietnam and India to become rice export leaders in the global market UPDATE 2-Thai rice exporters see higher 2014 shipments, but prices under pressure Wed Feb 5, 2014 4:28am EST * Thailand expected to ship 7.5 million tonnes in 2014 -exporters association * India ranks world's biggest exporter, Thailand third : USDA * Prices expected to drop on rising supply * Thai political chaos to put more pressure on rice prices (Adds comments on price pressures, data on global production) By Apornrath Phoonphongphiphat BANGKOK, Feb 5 (Reuters) - The Thai Rice Exporters Association expects the country to export 7.5 million tonnes of rice in 2014, up about 14 percent from the 6.6 million tonnes shipped in 2013, as the government struggles to fund 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. a controversial rice intervention scheme.Thailand's embattled government desperately needs money to pay farmers for rice it guaranteed to buy at above market rates. But with parliament dissolved and the government in a caretaker role, uncertainty has grown over the future of the scheme.The controversial policy has underpinned crucial rural support for the government of Prime Minister Yingluck Shinawatra, which is now in limbo after holding an election boycotted by the opposition and disrupted at the ballot box. "We expect the government to release a substantial amount of rice from state warehouses so we would have more supply for exports this year. But prices are likely to fall," rice export association president Chareon Laothammatas told reporters.The government said it would open a tender to sell 400,000 tonnes of rice from state stocks next week.Rising rice supplies and uncertainty over the future of the intervention scheme, which expires on Feb. 28, would put pressure on prices, said the association."That means prices will definitely be on a downward trend as everybody knows that supply is rising everywhere," Chareon said.The U.S. Department of Agriculture (USDA) has predicted a bumper crop in India of around 103 million tonnes in 2013/14.Thailand is expected to produce 20 million tonnes and Vietnam was likely to have 27 million tonnes, according to the USDA data.Thailand's protracted political crisis was also expected to add pressure to prices, exporters said."Prices are likely to fall as there is no certainty over whether the current caretaker government can renew the scheme when it expires, while farmers are due to harvest a second crop," said Vichai Sriprasert, a honorary president of the association. The price of common grade Thei 5 percent broken white rice was offered at $445 per tonne on Wednesday, slightly higher than the same Vietnamese grade at $390-$400 per tonne, exporters said.The USDA has forecast Thailand will export 8.5 million tonnes in 2014 as global demand rises, especially in China and Africa.According to the USDA, India remained the world's biggest exporter, shipping 10.5 million tonnes in 2013.Vietnam ranked number-two, exporting 7.2 million tonnes, while Thailand was third with 6.6 million tonnes of exports. (Editing by Michael Perry) Thai protest leader mocks, PM defends rice-buying scheme BY AMY SAWITTA LEFEVRE AND PRACHA HARIRAKSAPITAK BANGKOK Wed Feb 5, 2014 11:46am GMT (Reuters) - Thailand's fiery protest leader denounced the government's battered rice-buying scheme as corrupt and the prime minister leapt to its defence on Wednesday, days after an election did nothing to restore stability in the divided country.Suthep Thaugsuban and his supporters have been trying to topple Prime Minister Yingluck Shinawatra since November, prompting the government to announce a state of emergency ahead of Sunday's vote, 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. which was boycotted by the opposition.The rice programme was among the populist policies pioneered by Yingluck's brother, Thaksin Shinawatra, a former prime minister central to the conflict that has divided Thais for eight years. He was toppled by the military in 2006.Generous subsidies for farmers were a centrepiece of the platform that swept Yingluck to power in a landslide election win in 2011, but have left Thailand with vast stockpiles of rice and a bill it is struggling to fund.Losses to the taxpayer, estimated at 200 billion baht ($6 billion) a year, have fuelled protests against Yingluck and payment problems risk alienating farmers at the heart of her support base in the poorer north and northeast."Yingluck took farmers' rice more than seven months ago and hasn't paid them," Suthep told supporters on Wednesday, even as another warrant was issued for his arrest."Some of them have killed themselves and some of them are crying in front of the television because they don't have a penny ... The government said the rice-purchasing policy was to help farmers but instead the policy became part of the government's corruption machine."Yingluck and her government are being investigated by an anti-graft panel for alleged irregularities in the rice scheme. That and other cases going through the politicised courts could dissolve her Puea Thai Party and ban top officials.The rice programme is close to collapse after the commerce minister said China had cancelled an order for 1.2 million tonnes due to the corruption investigation.State-run Krung Thai Bank has joined other lenders in saying it will not provide loans urgently needed to rescue a scheme that has at times been buying rice at prices up to two-thirds above the prevailing benchmark rates. "MONEY WENT TO THE DOGS" Anti-government protests have been blocking parts of Bangkok in the latest round of an eight-year dispute that broadly pits Bangkok's middle class, southern Thais and the royalist establishment against the mostly poor, rural supporters of Yingluck and Thaksin.Ten people have been killed in sporadic bursts of violence, although the capital has been calm since Sunday's disrupted poll."Farmers who took their rice to milling houses received just over 10,000 baht ($310) when the price they were guaranteed was 15,000 baht," Suthep said at a rally at one of the protest sites in Bangkok's central business district."The rest of the money went to into the mouths of the dogs ... Each of these dogs is fat."Yingluck said the government was only trying to help farmers. "These problems stem from the dissolution of parliament (last year) which made it difficult under the framework of the law to approve payments," she told reporters."Whether this scheme is extended or not is up to the next government ... Everyone knows that the government does not have the power to do anything that will affect the incoming government so this issue may take time to resolve."The Criminal Court approved arrest warrants on Wednesday for 19 protest leaders, including Suthep, for violating the state of emergency.The decree bans political gatherings of more than five people, despite the fact that thousands have gathered at main intersections every night since it was introduced last month.Labour Minister Chalerm Yoobamrung, who is in charge of the state of emergency, has threatened to arrest protest leaders several times but has yet to act.Suthep 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. faces charges of murder related to violence in 2010 when, as deputy prime minister, he sent in troops to crush protests by "red shirt" supporters of Thaksin. More than 90 people were killed. Suthep is due to appear in court on Thursday in that case.The demonstrators say Yingluck is Thaksin's puppet and the costly giveaways that won his parties every election since 2001 are tantamount to vote-buying using taxpayers' money.They say Thaksin's new political order is tainted by graft and cronyism and want an appointed "people's council" to replace Yingluck and overhaul a political system hijacked by her brother, who lives in exile to avoid a jail term for graft.Protesters succeeded in disrupting voting in a fifth of constituencies in Sunday's election. The incomplete poll, the results of which have not been announced, means Yingluck could head a caretaker administration for months, unable to make policy decisions, until vacant seats can be filled. (Writing by Nick Macfie; Editing by Robert Birsel) By Supunnabul Suwannakij Feb 5, 2014 3:09 PM GMT+0500 Thai Government Seen Increasing Rice Sales After China Cancels The Thai government is poised to boost rice sales from record state stockpiles to fund a buying program from farmers, hurting prices of the grain this quarter, according to a shippers‘ group.Prices of Thai 5-percent broken white rice may plunge to $370 a metric ton as the government seeks to generate cash to appease farmers, said Chareon Laothamatas, president of the Thai Rice Exporters Association. That would be the lowest price since December 2007, according to the Rome-based Food and Agriculture Organization. The grade was at $456 today.The program is a centerpiece of Prime Minister Yingluck Shinawatra‘s caretaker government, which is under pressure from protesters demanding her administration be replaced by an unelected council. Farmers have not been paid for crops sold to the government under the program, which has spurred record reserves. China‘s Heilongjiang province canceled a rice purchase as confidence was hurt by an anti-corruption probe, Deputy Prime Minister Niwattumrong Boonsongpaisan said yesterday.―There is no magic pill to wipe away stockpiled rice,‖ Chareon said in an interview in Bangkok today at an event organized by the group, which forecasts that state stockpiles will rise to 20 million tons. ―It may take about five years to get rid of these stockpiles. The government needs to sell the grain at attractive rates and cut new supplies.‖The price of Thai 5percent broken white rice, a benchmark grade for the staple for half the world, slumped 30 percent after reaching a three-year high in 2011, when Yingluck‘s government introduced the purchase program to try to lift prices and rural incomes. Anti-government protesters led by Suthep Thaugsuban have said the program is 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. corrupt while seeking to overthrow Yingluck‘s administration with months of rallies in Bangkok and attempts to disrupt elections held on Feb. 2. Export Forecast Rice exports from Thailand may surge 13 percent to 7.5 million tons this year, according to a forecast from the shippers‘ group. That would be the highest level since 2011, when the rice exports reached their peak.―Prices may plunge to $370 a ton in the first quarter as the government is in a rush to sell,‖ said Chareon. ―Concerns over the quality of rice in the state stockpiles are also weighing on Thai prices.‖Yingluck‘s administration is seeking to borrow 130 billion baht ($4 billion) to pay farmers for harvests in the current crop year that started October after spending almost 689 billion baht in the past two years to buy the grain. The program will run until the end of February, leaving a new government to decide on rice policy, according to the caretaker government.The government will invite bids for about 400,000 tons and will continue to sell from the stockpiles, Niwattumrong said yesterday. The Finance Ministry is finding it difficult to raise funds to make subsidy payments to farmers because of pressure from anti-government protesters, Permanent Secretary Rungson Sriworasat told reporters Jan. 3. To contact the reporter on this story: Supunnabul Suwannakij in Bangkok atssuwannakij@bloomberg.net To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net Laos Falls Short of Dry Season Rice Production Target February 4, 2014 Laos Falls Short of Dry Season Rice Production Target 2014-02-04 Laos is falling behind on its rice-growing target this season as poor irrigation systems and the promise of better prices for cash crops pushes farmers to plant less of the grain, according to officials and news reports. The Ministry of Agriculture and Forestry had urged farmers across the country to plant 126,000 hectares (311,000 acres) of rice this dry season, which ends in April. But as farmers eschew the water-intensive grain for vegetable crops, only 44,100 hectares (109,000 acres), or some 35 percent of the goal, have been planted, according to government statistics. This will leave Laos short on its harvest target of 500,000 tonnes (551,000 short tons) of rice this season, an agriculture official told RFA's Lao Service . "The plan for planting rice this dry season has been able to reach only 35 percent of the target because many farmers have turned to growing more cash crops," the official said, speaking on condition of anonymity. "Because of this, rice production for this season will not reach the target," the official said. Sharp drop This year's planting area will suffer a sharp drop from the 96,200 hectares (238,000 acres) in the same period in 2013, which was still short of that year's goal, the state-run Vientiane Times reported. The ministry believes farmers have been discouraged from planting rice by the low price of the commodity and insufficient water 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. supply from irrigation systems in the country's north, which unlike the south relies more heavily on irrigation, the paper said. Instead of rice, farmers in the north are using the paddy areas to grow vegetables such as watermelon, bean, eggplant, tomatoes and chilies to sell, according to the paper. The ministry has made attempts to promote better irrigation management among local-level officials, instituting a Nationwide Irrigation Day last year and calling for stricter enforcement of regulations on using water, the Vientiane Times reported last year. Budget woes Farmers say the irrigation systems have been left in disrepair due to budget problems. In July, officials said as many as 42 irrigation systems in Vientiane province were left unrepaired following damage by floods in 2011 and 2012, hampering rice planting targets in the province, the KPL Lao news agency reported. The impoverished country is aiming to join the ranks of its rice-exporting neighbors within the next decade but has fallen short on rice production targets in recent years. According to a government report last month, rice production in Laos for 2012-13 reached only 3.52 million tonnes, or 93 percent of the yearly plan which was set at 3.8 million tonnes, according to the Vientiane Times . Reported by RFA's Lao Service . Translated by Somnet Inthapannha. Written in English by Rachel Vandenbrink . Copyright (c) 1998-2011, RFA. Used with the permission of Radio Free Asia , 2025 M St. NW , Suite 300, Washington DC 20036. NBI expands inquiry on rice smuggling THE NATIONAL Bureau of Investigation (NBI) has expanded its probe on rice smuggling in the country, Justice Secretary Leila M. de Lima said yesterday. ―We expanded NBI‘s probe on rice smuggling. They‘re expanding it beyond the case of Davidson Bangayan also known as David Tan but we‘re still building up the case against Davidson Bangayan,‖ Ms. de Lima told reporters in a chance interview yesterday.Ms. de Lima said the names of other alleged big-time rice smugglers have already floated in areas like Cebu City, Iloilo, Cagayan de Oro, Davao and the Bicol region.The Justice chief said the focus remains on Mr. Bangayan. Ms. de Lima said she has a standing instruction to the NBI to file the case as soon as they finish their investigation.Mr. Bangayan, for his part, has earlier denied he is a big-time rice smuggler but admitted that he is involved in rice trading on a ―small-time‖ basis. REPRIMAND SOUGHT Meanwhile, an umbrella organization of agricultural industries has asked the Supreme Court (SC) to reprimand a Davao City judge for stopping the Customs bureau from seizing smuggled rice.The Samahang Industriya ng Agrikultura, Inc. (Sinag), an organization composed of 33 federations and organizations, yesterday filed a seven-page complaint against Davao City Judge Emmanuel C. Carpio, saying the latter should be held administratively liable for ―unjust judgment.‖Mr. Carpio, the presiding judge of the Davao City Regional Trial Court (RTC) Branch 16, stopped the Bureau of Customs (BoC) from seizing the rice shipments of Starcraft International Trading Corp., which was later sold to Joseph M. Ngo.The case stemmed from the bureau‘s order 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. last Nov. 5, 2013 to hold over 3.3 tons of rice owned by Starcraft for lacking the requisite special permits from the National Food Authority (NFA). The order prompted Mr. Ngo to ask for a writ of preliminary injunction before the Davao RTC to stop the BoC from holding the rice shipments. Mr. Carpio then issued a preliminary injunction against the Port of Davao‘s District Collector, prompting Sinag to file the case before the high court against the judge for alleged ―unjust judgment.‖In its complaint, Sinag said the Customs bureau were doing their duty of preventing smuggling in the country‘s ports when it seized the shipments. Sinag noted that the Davao Port is still waiting for a legal opinion from the Customs main office over the contentious NFA permit. -- M.F.E. Flores The cancelled Chinese's rice deal will not affect wider exports Date : 5 2557 BANGKOK, 5 February 2014 (NNT) - The Thai Rice Exporters Association has confirmed China‘s withdrawal from the government‘s rice agreement, claiming it will not affect the private sector‘s exports. As the government struggles to secure funds to pay farmers participating in the pledging program, China announced it had pulled out of a deal to buy 1.2 million tonnes of Thai rice. The association noted however that the deal last year had still not been officially finalized, and won't have an impact on overall rice exports to China which totaled 300,000 tons last year. The association nonetheless urged the government to exercise more transparency regarding rice auctions and to release the rice stock at 11 baht per kilogram, which is closer to the prevailing Vietnamese rate. The exporter body also made known that the rice-pledging scheme had generated massive revenue losses and advised the government to scrap the scheme as soon as possible. The association forecast that Thailand will export 7.5 million tons of rice this year, worth 4.5 billion US dollar or 140 billion baht. Yanyong': Stockpiled rice sold at market prices Date : 5 2557 BANGKOK, 5 Feb 2014, (NNT) - Deputy Commerce Minister, Yanyong Puangrach, has reaffirmed that rice in the government's stockpile has been sold at market prices, denying rumors that the government has been selling its rice under market prices. According to Yanyong, he has assigned the Department of Foreign Trade to negotiate rice deals with the private sector, focusing on firms with purchase orders from foreign countries; adding that the private sector has initially placed orders with the Ministry for 850,000 tons of white and jasmine rice. The deal, which is to be completed in two month's time, will be worth to the tune of 10 billion baht, which will be paid to farmers for their pledged rice. 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. Yanyong also urged the media to be extra careful when presenting the news related to the rice pledging scheme, citing recent rumors that the government had been selling the pledged rice at a huge loss. Mr. Yanyong said that it was impossible for the government to make deals that would cause tremendous losses to the nation. The private sector's demands for Thai rice are relatively high at the moment, said Yanyong, adding that the Ministry is figuring out how much rice it can sell. As for the Government-to-Government rice deals, Mr. Yanyong said the Ministry has been in constant negotiations with various foreign countries; however, the process is more complicated now, as the current Thai government is a caretaker one. Related agencies have been assigned to look into possible deals with previous trading partner countries, while pushing for a speedy delivering of existing orders. BoT seeks to allay rice loan fears Published: 5 Feb 2014 at 17.43,Online news: Finance The Bank of Thailand has found no evidence of unusual money withdrawals this week, despite media reports that depositors have pulled more than 9 billion baht from three banks over fears their money could be used to finance the government's rice-pledging scheme.A banner warns of 'mega corruption' in the rice-pledging scheme. The Bank of Thailand has found no evidence of unusual money withdrawals this week, but media reports said depositors have pulled more than nine billion baht from three banks over fears their money could be used to finance the rice subsidy scheme. (Photo by Chanat Katanyu). Salinee Wangtal, assistant governor of the Central Bank, said the bank‘s monitoring systems had found no reports of unusual money withdrawals that were cause for concern.She made the comments in response to media reports that around six billion baht from two-state run banks and three billion baht from a commercial bank had been withdrawn within the space of a week.Anti-government protesters had speculated that the staterun Government Saving Bank and Krungthai Bank could be sympathetic to lending the caretaker government money to finance the beleaguered rice scheme. TMB Bank, which used to be state-run but is now a commercial operation, was also implicated as a potential source of funds for the pledging programme. However, all three have denied that they plan to offer loans to finance the scheme. The caretaker government now owes farmers for more than 100 billion baht for rice pledged under the initiative.Ms Salinee insisted that commercial banks in Thailand are still performing well, having generated combined profits of 220 billion baht in 2013 as banks. The non-performing loan average for Thai banks stands at 2.4% of total outstanding loans, which is also normal, she said. A non-performing loan is a loan that is in default or close to that point. The Thai banking system also has the highest allowances for doubtful debt in the world, at 3.8% of outstanding loans, she added. Doubtful debts are those debts that banks are unlikely to be able to collect.Ms Salinee said the central 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. bank projected that loan extensions will grow by 8-10% this year, which is in line with economic growth but lower than te 11% loan extension growth seen in 2013. Rice import in pvt sector rises significantly in recent months Importers likely to manipulate local mkt FHM Humayan Kabir The private sector has significantly raised rice import in recent months, taking the advantage of poor government food stock and higher price in domestic market, sources said Wednesday. Experts and business circle fear that the private sector would dominate the domestic rice market unless the government raises its food procurement drive both from internal and external sources.The reserve of rice has dropped significantly in recent times as the total government stock was 9,42,000 tonnes including 700,000 tonnes till January 15 last. A year back, the reserve was 1.3 million tonnes.Local think-tank Centre for Policy Dialogue (CPD) said recently that the lesser food stock especially rice in recent days compared to previous years is much lower which causes concern.Executive Director of the CPD Professor Mustafizur Rahman said the government should go for import of rice from India or any other food supplying countries in a bid to boost stock as the international market is cool now. Development analyst Dr Mirza Azizul Islam said the poor public stock of the food grain would create room for the private importers to manipulate the local market. "I think the private importers have already taken the advantage and started to intervene in the retail price. The retail price in the local market has already showing upward trend," he said.Muhammad Al Amin, Senior Research Associate of the CPD said, "If the public stock is not enhanced, the private sector would get chance to destabilise the market.The government would lose its market intervention tools, if it does not boost its rice stock to more than 1.0 million tonnes from the current stock of nearly 700,000 tonnes. The local market could be manipulated by the private importers, he said. According to government data, the rice stock in July-December period of the current financial year (FY) 201314 has dropped by nearly half compared to the past couple of years.During July-December period of FY2014, the rice stock has fallen to 676,000 tonnes compared to 1.13 million tonnes in the same period last FY2013 and from 11.16 million tonnes in the same period of FY2012, official data showed.Director General of Food, Ahmed Hossain Khan, said there would be no scope for the private sector to manipulate the market as government stock would rise more than 1.0 million tonnes, a comfortable level for the country."Our procurement target of 1.0 million tonnes of food grain would be achieved within this month as Aman procurement has got momentum in recent weeks," he told the FE."We are close to achieve 300,000 tonnes of 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. rice procurement target. The entire 45,000 tonnes of wheat from abroad would reach soon as we have already opened the LC," he said. Earlier on November 28 last, the Directorate General of Food issued a circular directing its regional offices to procure 200,000 tonnes of Aman.Interestingly, the government, unlike the private sector traders, is not interested to exploit the prevailing favourable food price situation in the international market despite the fact that its own food reserve has gone down considerably over the last one year.Between July and December of FY2014, the government imported only 350 tonnes of rice which was 2200 tonnes in the same period last FY2013 and 43770 tonnes in FY2012, the government data showed.The rice prices in the domestic retail market have gone up by nearly Tk 2 to Tk 5 per kilogram over the last few weeks. PhilRice warns farmers about fake rice seeds Category: Agri-Commodities 04 Feb 2014 Written by Ramon Efren R. Lazaro / Correspondent THE Philippine Rice Research Institute (PhilRice) is cautioning farmers from procuring rice seeds after it discovered unauthorized use of its supply in Nueva Ecija and Isabela. To be assured of the rice seeds that farmers have bought, PhilRice advises the farmers to contact the Farmers‘ Text Center at 0920-9111398 to verify prices, rice varieties being sold and quality of the seeds.In a statement, PhilRice said investigations by a fact-finding committee showed that hybrid-rice seeds claimed to be from PhilRice were mixed with other varieties and sold at P6,000 per 20 kilogram. PhilRice-produced hybrid-rice seeds cost only P195 a kilo.Dr. Eufemio Rasco Jr., PhilRice executive director, said, ―We sell registered seeds to growers and they in turn produce certified seeds, which are widely sold to farmers. It could be that sacks with the PhilRice ‗brand‘ and certification tags are bogus. Rest assured that we are after entities who claim that they are selling PhilRice-produced seeds, although these are not really PhilRice-produced and may not even be PhilRice varieties.‖The statement said the country‘s lead agency in rice research and development found that Javan Agri -Trading Co. used PhilRice sacks in distributing Mestiso 24, a hybrid-rice variety to a cooperative in Cabiao, Nueva Ecija. Analysis of the sample seeds showed the seeds were actually PSB Rc240, an inbred variety. The cooperative members said they were encouraged to buy the seeds despite of the high price because they were delivered ―right in their doorsteps,‖ reducing their traveling cost. ―We have asked the authorities to investigate on this. For the meantime, our farmers can contact our Text Center or check PhilRice-produced available seeds in http://www.philrice.gov.ph/index.php?page=products&page2=seeds,‖ Rasco said.To ensure purity and cleanliness, Rasco said PhilRice-produced seeds undergo a month-analysis conducted by National Seed Quality 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. Control Services, a division under the Bureau of Plant Industry that oversees seed and planting material production, processing, storage and distribution. ―We assure our farmers that our seeds have a minimum-germination rate of 85 percent. High-quality seeds can contribute to a 5-percent to 10-percent increase in grain yield, so this is why, we maintain our standards on seeds,‖ Rasco said. Other than agriculture establishments and seed centers, farmers can also buy seeds at PhilRice stations in Science City of Muñoz, Nueva Ecija; Batac, Ilocos Norte; San Mateo, Isabela; Los Baños, Laguna; Murcia, Negros Occidental; RTRomualdez, Agusan del Norte; Midsayap, North Cotabato; and Ligao City, Albay. In another development, Rasco had also committed to support community share agriculture (CSA) or bringing together the farmers and consumers, through the institute‘s Intensified Rice-Based Agri-Bio Systems Program, which aims to develop a sustainable, ecological efficient, and socially acceptable systems that will generate P1 million annual income in a hectare. '3-IN-1' RICE | Variety to survive wet, dry, salty conditions in advanced research stage By: Joel C. Paredes, Special to InterAksyon.com February 5, 2014 5:33 PM nterAksyon.com The online news portal of TV5 LOS BANOS, Laguna – It‘s not just coffee that can be packaged as ―3-in-1.‖ The challenge of climate change has spurred scientists to fast-track work on a climateresilient variety that can tolerate flooding while surviving in a prolonged dry season, and saltiness which is a common problem in farms near coastal areas in the Philippines.The so-called ―3-in-1‖ is just one of the new varieties that the International Rice Research Institute (IRRI) has been developing to help mitigate climate change and sustain agricultural productivity in rice-producing countries like the Philippines, forced in recent years to import rice from countries that used to send their farm experts to study at IRRI.Dr. Bruce Tolentino, IRRI Deputy Director General ―We‘re really like a factory,‖ says Julian Lapitan who heads the IRRI Partnership Office. Old varieties that IRRI developed are now being put together ―in the hope that this addresses climate change challenges.‖ While the research is still in the ―advanced stage‖ for this new variety, Lapitan noted that they have more actively promoted the ―submarino‖ in the aftermath of the typhoon Yolanda. This new variety can survive flooding and still produce an average yield of 6.4 tons per hectare. It actually came from the ―mega variety‖ popularly known as IR64, but with genes inserted in it to make it flood-tolerant.It was gathered that also among 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. some 30 new varieties IRRI developed to help mitigate climate change are rice plants that are salt-tolerant – the ―Salinas‖ – and the ―sahod‘ulan – which can survive prolonged drought situations. Also programmed: '2-in-1' variety Meanwhile, the scientists have also programmed for commercial use the so-called ―2-in-1‖ variety, which could tolerate flooding, but can also be exposed in drought situations. The next stage—developing successfully the ―3-in-1‖ is apparently the crowning glory of this series to defy the challenge of climate change.After Typhoon Yolanda devastated the Central Philippines, IRRI immediately turned over 13 tons of high-yielding varieties through the Department of Agriculture program to seed growers and members of the Irrigators Association and the Seed Bank Cooperatives in Leyte and Samar. The donation can cover 220 hectares of devastated, but irrigated rice lands, and eventually produce in-bred seeds that are high in purity in these areas, according to Lapitan.Few may realize it, but IRRI has also been working closely with the DA and the Philippine Rice Research Institute (Philrice) in helping government attain its rice self-sufficiency target, according to Dr. Bruce Tolentino, IRRI‘s deputy director general.IRRI promises technology support to the Philippines to accelerate high-yielding varieties.The Los Baños based organization has also been collaborating with government in helping provide credit, farm-to-market roads, marketing support and rice information for agriculture stakeholders in the country. ―(But) perhaps our biggest contribution here is to provide seeds that are climate-resistant varieties,‖ Lapitan noted.The IRRI scientist believes that the country is already 98 percent self-sufficient in rice. Flood-tolerant varieties According to IRRI, during flooding the rice plant elongates its leaves and stems to escape submergence. Deepwater rice varieties are now able to do this ―rapidly enough to survive.‖There‘s a complication: these highyielding varieties cannot also elongate enough if floods last more than a few days. The rice plants ―expend so much energy trying unsuccessfully to escape that they are unable to recover,‖ explained the experts. To deal with this, IRRI plant breeders then discovered that a single gene, the SUB 1 gene, could resist submergence for up to 14 days. Scientists isolated the SUB 1A gene, which was derived from an Indian rice variety, and identified the genetic code that controls submergence tolerance. The SUB 1A gene activates when the plant is submerged, making it dormant and conserving energy until the floodwater recedes.The improved varieties incorporated with the SUB1 gene have also shown yield advantage of 1-3 tons following flooding of 10-15 days. They have been released under the nomenclatures of Swara Sub1 in India and Samba Mahsuri in Bangladesh. In the Philippines, it‘s now the IR 64 Sub1, which can survive submergence in water for 14 days if the plant is still in its vegetative stage. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  15. 15. ‗Sahod-ulan‖ The sahod ulan variety, on the other hand was one of drought-tolerant varieties which have been released in several countries and are now being planted by farmers. These included the Sahbhagi Dhan in India and the Sookha Dhan varieties in Nepal. The average yield advantage of these drought-tolerant varieties over droughtsusceptible ones is 0.8-1.2 tons per hectare under drought conditions.IRRI scientists actually identified several key regions of the rice genome—called quantitative trait loci (QTLs)—that give the rice drought tolerance and improve rice grain yield under such conditions.IRRI is now working towards introducing drought tolerance into popular high-yielding rice varieties in the IR64, among others. To get a better insight into this complex trait, it has also begun studying what molecular and physiological processes these drought-tolerant varieties provide. ‘Healthier’ rice Meanwhile, Lapitan explained that they are confident that despite the controversy over the ―Golden Rice,‖ they can develop a commercial variety that can address vitamin A deficiency.The Golden Rice, a genetically-engineered variety being developed by IRRI in the Philippines in partnership with Philrice, contains beta carotene, a source of vitamin A.Despite criticism from some quarters, those behind the project assure the public that they have subscribed to strict government bio-safety regulations.Lapitan said that apart from developing climate-resilient verities, the thrust should be to provide people with ―healthier‖ rice and educating them to reduce wastage of the grains. ―Our waste is not just on production, but on consumption,‖ he said. Curbing smuggling is needed, not changing rice policy, says Agri official By ELIZABETH MARCELO, GMA News February 5, 2014 8:36pm Government must focus on solving the problem of smuggling and not on changing the policy, an Agriculture official said Wednesday, contrary to the position taken by the Department of Justice on the raging controversy over the proliferation of smuggled rice.As the controversial issue of rice smuggling rages, Justice Secretary Leila De Lima on Monday said the Department of Justice is studying ways to regulate the volume of rice entering the country apart from the imposition of qualitative restrictions (QR) on rice imports."We are also studying if there are measures that the NFA (National Food Authority) can undertake to regulate rice importation other than the continued imposition of QR,‖ De Lima said on Feb. 3 when the the Senate committee on agriculture resumed its investigation into rice smuggling. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  16. 16. ―This is what we are really studying at the moment," she added.However, Agriculture Assistant Secretary and National Rice Program coordinator Dante Delima said in a text message to GMA News Online there is no need to tinker with policy at this point in time."I think there is no need to adjust the policy on rice import volume,‖ Delima said.―What we need is to curb rice smuggling, that is where the government needs to focus," the Agriculture official said. During the hearing early this week, De Lima told the Senate panel one measure the Justice Department is looking at is to have a stricter accreditation system for private rice importers.Under the Philippine laws, the NFA is the sole agency that can import rice, mandating public companies that want to go into business to secure from the NFA import permit.According to NFA records, top private rice importers were operating without import permits in 2013. Among the companies the NFA identified were Silent Royalty Marketing, Medaglia De Oro Trading, and Jade Brothers Farm and Livestock Inc.Medaglia De Oro and Jade Brothers earlier told the NFA that they can import rice without a permit, citing a World Trade Organization (WTO) agreement that Manila entered into several years ago removing such restriction on private importers. "As to what will prevail, whether, international law or domestic law... there may be an apparent conflict, but there is no real conflict if these can be harmonized," De Lima said.To conform with the WTO agreement, the Agriculture Tariffication Act of 1996 (Republic Act 8178) was passed to remove qualitative restrictions on imports of all agricultural products – except rice.However, the Agriculture Tariffication Act did not specify until when the QR on rice imports is in effect. Currently, the Philippines allows a Minimum Access Volume (MAV) of 350,000 metric tons (MT) of rice imports at 40 percent tariff duty while imports beyond MAV are levied a 50 percent tariff. "We believe that while Congress has not passed a law repealing a particular section of the Tariffication Act that exempts rice from the removal of restrictions, we should follow the law," Agriculture Undersecretary for Policy Segfredo Serrano said during the same Senate hearing.He said restrictions on rice import volume is necessary to shield local farmers from the entry of cheaper rice produce from abroad. Last October, India, China and Indonesia expressed support for the Philippines when it appealed before the WTO Committee on Trade in Goods to extend the QR on rice imports. European Union, Japan and Korea had also expressed support for the Philippine petition in previous WTO hearings. However the Philippines needs to convince other countries involved in WTO negotiations such as Australia, Canada, El Salvador, Pakistan, Thailand, US, and Vietnam to concur with its petition. Another hearing on the petition is set in March 2014. – VS, GMA News Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
  17. 17. Asian farmers introduced to flood-resistant 'scuba rice' Updated 6 February 2014, 14:18 AEST Scientists are promoting the benefits of a rice variety called 'Scuba rice' to help boost the food security of floodprone communities in Asia and the Pacific.As the name suggests, 'Swarna-Sub1' is almost flood-proof, able to survive under water for up to two weeks.Maria Malabayabas, a scientist from the Philippine-based International Rice Research Institute, IRRI, in Australia for a conference of agricultural economists, explains the benefits of the new variety. Presenter: Sen Lam Speaker: Maria Malabayabas, scientist, International Rice Research Institute, IRRI LAM: And I understand that this new variety came about after the 2009 floods in India? MALABAYABAS: Actually it was already distributed in 2008. In the year 2000 they were starting to breed this kind of variety, and national release in India was in 2008. LAM: But after the floods was the strain proven to be good? MALABAYABAS: Yes most of the farmers who adopted they found that compared to the ordinary variety, the yield has an advantage, like one-point-three times per hectare, that's the advantage over the normal Swarna. LAM: So what countries in our region, in the Asia Pacific region do you think are suited for this kind of rice variety? MALABAYABAS: Well for Swarna-Sub1 it's widely used in India and some parts of Bangladesh and Nepal. So these areas usually affected by floods. LAM: So as far as you know are farmers in India being gradually introduced to this new strain, are they embracing it? MALABAYABAS: Yes they are embracing but as a social scientist our worry is that how long they're going to be using it, because the benefits of using it only are visible when there's submergence or there's flood. Now if there's no flood, it's just a normal rice variety. LAM: But are there deterrents about this particular variety that might put farmers off from planting it? MALABAYABAS: When farmers don't usually see the benefits of it, they just go to another variety and drop it. So that's our worry, well our … is starting to look at the adoption if they're going to continue using it or not, because Indian farmers usually use a variety for almost 20 years continuously. So this rice is quite new to them and there's a risk in shifting from the old to the new variety. They see that it's still the same as the ordinary one, so a farmer would think why do they need to shift to a new variety, still go back to the usual variety. LAM: And when you speak about the risk, what exactly do you mean? 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
  18. 18. MALABAYABAS: Since they have a small area if they're going to a lot it or put a part of their area to that variety and the performance is not good, so it's a big risk for them. LAM: So tell us a bit more about STRASA? MALABAYABAS: STRASA is a project funded by Bill and Melinda Gates, and one of their programs is to develop varieties which are stress tolerant, not only for floods, but they're also developed for drought and salinity, and now they go to heat and cold varieties. And right now they have quite a number of varieties that have been developed. And as social scientists we are testing it and trying to see the adoption and the impact of these varieties to farmers. LAM: And so it's been seven years in the making, how many farmers have STRASA reached do you think? MALABAYABAS: It's an estimate of around three-million but we don't know the transfers, it's just guestimate for three million, it might be an under-estimate. So it might be more than that. Rice Heists: Why the FBI Is Arresting Chinese Agricultural Scientists LAM: Is there evidence that stress tolerant rice is beginning to feed more people and allow more countries to achieve food security? MALABAYABAS: Oh yeah because if they don't use Swarna-Sub1 for example they're going to lose most of their crop. If they're going to use Swarna-Sub1 they're going to be getting some yield out of it even if there's flood in the area. Actually it's like this, there's a gene, Sub1 gene and then they're going to incorporate it with a major variety. In the case of India Swarna has been made one of the popular varieties, so they incorporate it in that variety and call if Swarna-Sub1 gene. Another example is in Bangladesh, they have this normal BRRI dhan11 and then they incorporate it into Sub1 genes and they call it BRRI dhan52. So they're targeting the major rice variety in each country and putting the genes in it.In the last two months, the U.S. government has arrested eight scientists for allegedly trying to steal rare seeds that cost American companies tens of millions of dollars to develop.On Aug. 7, 2013, a hot, muggy day in Little Rock, Arkansas, U.S. Customs and Border Control stopped a group of Chinese nationals as they were boarding a flight back to China and asked to look inside their luggage.As customs agents began combing through the bags, they discovered a treasure trove of rice seeds, according to a federal indictment that was recently unsealed. In one carry-on, ziplock bags of seeds were tucked into various pockets and compartments. The seeds had also been hidden inside suitcases—in one case, they were stashed inside a 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
  19. 19. paper copy of the Arkansas Democrat Gazette that had been folded into the shape of an envelope.Each of the baggies and packets containing the seeds had a label of a few English letters. To the untrained eye, it looked like gibberish. But they were actually coded references to specific and rare strains of rice.Most Americans have never heard of Stuttgart, a town of 10,000 people that‘s a good 60 miles away from nearest big city. But for those in the agricultural world, particularly those who study and trade in rice, Stuttgart is quite possibly the most important place on the planet.The town is often referred to as America‘s Rice and Duck Capital.That‘s of particular interest to China these days. China produces more rice than any other nation and is almost synonymous with the crop. But because of a combination of lower output, rising consumption and higher domestic prices, China over the last couple years has become a net importer of rice. That means it no longer is roducing enough of the grain to feed its own population. Chinese rice imports will continue to grow by 10 percent this year, according to the International Grains Council. Chinese farmers are getting desperate to increase the yield on their crops.Iincreasingly, they‘re coming to America to figure out how to make seeds that grow bigger and better plants—and Stuttgart is a natural stop for them.The town is home to the Dale Bumpers National Rice Research Center and to Riceland foods, which runs the world‘s largest rice miller. According to some estimates, 40 percent of the America‘s rice is produced in Stuttgart.But the Chinese who were stopped at the airport didn‘t just come to Stuttgart for the usual international exchange visit. About two weeks earlier, they had been escorted through the Dale Bumpers center by their Chinese American compatriot, Wengui Yan. Yan, who holds a PhD from the University of Arkansas, was Dale Bumper‘s lead geneticist.The Dale Bumpers research center is a vast building with hundreds of offices, research laboratories, seed storage facilities and greenhouses. It has a collection of some 18,000 rice cultivars, which are used to study the quality and productivity of the grain. Yan had access to these buildings, but he did not have clearance to remove—or distribute—any rice seeds from the facility.As the indictment points out, he ―lacked authority to distribute those seeds to anyone else.‖ evertheless, according to the U.S. government, Yan passed them to the members of the visiting delegation. The Dale Bumpers Center, when contacted for this story, declined to comment, as did the Department of Justice.Dion Honnell, manager of the Best Western in Stuttgart who was on duty the afternoon that Chinese delegation checked in, doesn‘t recall the group, but says foreign delegations like those are fairly common. ―Guests from 16 nations have stayed in the last year because of the Rice Research Center,‖ Honnell says. ―There are so many foreign nationals that come through that we don‘t keep track of them.‖When questioned at the airport, the Chinese claimed they were taking the seeds for research purposes. Their seeds were confiscated but they were allowed to leave the country. That‘s because the delegation was not the FBI‘s target.Yan was.Nearly four months later, on Dec. 11, 2013, Yan was arrested by the FBI. He is charged with conspiracy to steal American trade secrets. If convicted, he faces a maximum penalty of 10 years in federal prison and a fine of up to $250,000.Strangely, this doesn‘t appear to be an isolated incident—there have been several Chinese nationals in the last few months that have been arrested by the Department of Justice, which appears to be cracking down on the theft of agricultural trade secrets.Also last December, the FBI arrested Weiqiang Zhang, a rice geneticist, on similar charges. The FBI alleges that Zhang, an employee of Ventria Biosciences, a Colorado-based bioscience company that holds more than 100 patents for its rice-breeding methods, handed that same delegation rice seeds that Ventria claims to have invested $75 million to create.A 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
  20. 20. week later, in a separate case, the FBI field office in the southern district of Iowa announced it had arrested six Chinese nationals who were part of a plot to steal trade secrets from U.S. seed companies. ―The defendants are alleged to have conspired to steal inbred corn seed from Dupont Pioneer, Monsanto and LG Seeds,‖ the FBI noted in a statement following the arrest. ―After stealing the inbred corn seed, the conspirators attempted to covertly transfer the inbred corn seed to China. The estimated loss on an inbred line of seed is approximately five to eight years of research and a minimum of $30 million to $40 million.‖The United States and China have a notoriously complex and often litigious relationship when it comes to protecting trade secrets. Typically, American companies are wary about sharing digital or manufacturing assets with the Chinese. Some American entrepreneurs understand these risks intimately well. McAfee, the security firm, recently surveyed 1,000 senior IT decision makers and found that half the respondents rated China‘s ―threat level‖ to their sensitive data in China as ―high.‖ A quarter of the respondents said they wouldn‘t even do business with China because they felt their digital assets would be compromised. But the recent arrests put a new spin on theft of intellectual property: It‘s now happening on American soil. Literally.According to the indictment in the second of the two December arrests, Mo Hailong, who worked as the director of international business for the Beijing Dabeinong Technology Group Company, was found on his knees in an Iowan cornfield allegedly stealing propriety corn from Pioneer, a U.S.-based corn breeder.According to the federal indictment, ―A Pioneer field manager saw Mo on his knees in the same grower‘s field, which had just been planted within the previous two days, and another Asian male sitting in a nearby car.‖ After Mo was confronted, he apparently ran into the car and drove off with his accomplice. The field worker jotted down the rental plate number and Mo was arrested. AUTHOR: Eric Markowitz CONTACT: emarkowitz@vocativ.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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