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TOP Contents - Tailored for YOU
Latest News Headlines…
Colombia Imports 114,555 Tons of Rice in 2013; 82,555 Tons Under Tariff-Rate-Quota Fully
Subscribed
Oryza U.S. Rough Rice Recap – Trading Light, Despite Limited Interest; Export Sales Report Delayed
Italy Paddy Quotes Stable, as Export Varieties Recover
Oryza Afternoon Recap – Chicago Rough Rice Futures Touch Fresh Multi-Month High, but Slip Slightly
Under Last Minute Selling
Oryza Rice Currency Analysis for Today – Brazil Real Up Nearly 1%
Australia Rice Industry Disappointed at Exclusion of Rice in South Korea Free Trade Agreement
USDA Post Projects Malaysia 2014-15 Rice Imports at 1.1 Million Tons
India Likely to Resume Futures Trading in Rice in March 2014
Oryza Overnight Recap – Chicago Rough Rice Futures Little Changed Following Quiet Overnight
Session; Grain Complex Softer as Fundamental Data Fails to Impress in Early Trading
IRRI Releases 44 New Rice Varieties in Asia, Africa in 2013
Pakistan Exports 1.76 Million Tons of Rice in First Seven Months of FY 2013-14; Down 1.4% Y-o-Y
India Central State Madhya Pradesh Chief Minister Seeks PM’s Intervention to Include State in
Basmati GI Application

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Asia Rice Quotes Unchanged TodayArgentina 2012-13 Paddy Rice Production Estimated at 1.39
Million Tons; Down 8.5% from Previous Year
Philippines Government Counsel Warns of WTO-Sanctioned Retaliation Over Violating QR Rules on
Rice Imports
Bangladesh Government Increases Aman Rice Procurement Target by 50% to 300,000 Tons
Invasive Snail Destroys Half of Rice Crop in Spain
Pakistan 2013-14 Rice Production Likely to Reach 7 Million Tons, Says SUPARCO
Oryza Global Rice Quotes

NEWS DETAILS:
Colombia Imports 114,555 Tons of Rice in 2013; 82,555 Tons Under Tariff-RateQuota Fully Subscribed
Feb 20, 2014

Colombia has imported a total of 114,500 tons of rice in 2013, including 82,555 tons of rice imported from the
U.S. under the Tariff-Rate Quota (TRQ) and the remaining 32,000 tons of rice imported with 80% duty,
according to the USDA Post in Bogota.The USDA Post says that Colombia’s rice imports under the Tariff-Rate
Quota (TRQ) were 100% subscribed in 2013. While TRQs for rice and chicken-leg quarters are managed under
an Export Trading Company (ETC), which holds periodic auctions for the right to export specific volumes of
product, other commodities are managed under a first come-first serve basis and the Colombian National Office
of Taxes and Customs (DIAN) monitors the volume of imports during the calendar year under quota.The TRQ
of 82,555 tons was totally subscribed in 2012 as well. Chicken-leg-quarters, ice cream, yellow corn, yogurt,
processed dairy products, cheese, white corn and bovine offal registered year-on-year increase in quota fill
rates, the USDA Post says.
Tags: Colombia rice imports, Tariff-Rate Quota (TRQ), U.S. Rice exports

Oryza U.S. Rough Rice Recap – Trading Light, Despite Limited Interest; Export
Sales Report Delayed
Feb 20, 2014

As of today, old crop offers could still be found around $15.55-$16.11 fob farm (about $343-$355 per ton)
depending on where they are located and how quickly they could ship.Bids from larger mills decreased slightly
today to around $15.25 per cwt (about $336 per ton) while bids for exporters were unchanged near $15.55 per

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cwt (about $343 per ton), both for March delivery, although there were reports of rice trading as low as $15.80
per cwt (about $348 per ton) delivered barge facility and as high as $16.15 per cwt (about $356 per ton)
delivered mill.In other news, the USDA will delay the release of their weekly export sales data until Friday
morning due to the Presidents Day holiday on Monday.
Tags: U.S. rice prices, U.S. rice market

Italy Paddy Quotes Stable, as Export Varieties Recover
Feb 20, 2014

The Italian rice paddy market quotes are stable. Domestic demand for Long A and medium paddy varieties is
still very high, while demand for Long B varieties is advancing. Quotations of Carnaroli increased 50 euros
(about $68), while Vialone Nano reached 880 euro (about $1,207) per ton, up 80 euros (about $ 109) per ton in
just one week. Quotations of export varieties also increased slightly, although they remain shown at about less
than half the price of Long A and medium varieties. Below find farm gate paddy quotes from the Milan grain
exchange,
as
of
February
18:
Arborio rice is quoted 710-730 euros (about $973-1,001) per ton, up from 690-710 euros (about $946-973) per
ton a week ago.Balilla rice is shown at 250-260 euros (about $342-363) per ton, unchanged from a week
ago.Lido and similar varieties are quoted 315-335 euros (about $ 432-459) per ton, also unchanged from a week
ago.Padano/Argo received no quotations; five weeks ago it was shown at 570 euros (about $781) per ton; 81%
of this paddy has been sold.Vialone Nano is quoted 845-880 euros (about $1,159-1,207) per ton, up from 765800 euros (about $1049-1,097) per ton a week prior.
Thai Bonnet and similar varieties were indicated at 250-260 euros (about $342-356) per ton, unchanged from
last week. Sant'Andrea is quoted 620-640 euros (about $850-877) per ton, up from 600-620 euros (about $823877) per ton the prior week. Ariete and similar varieties are quoted 365-385 euros (about $500-528) per ton, up
from 345-365 euros (about $473-500) per ton a week prior.Carnaroli is quoted 755-775 euros (about $1,0351,272) per ton, up from 705-725 euros (about $927-994) per ton a week ago. Baldo is quoted 620-640 euros
(about $850-877) per ton, up from 600-620 euros (about $823-877) per ton a week prior. Roma received no
quotations: one week ago it was quoted 600-620 euros (about $823-877) per ton.Selenio is quoted 260-280
euros (about $356-384) per ton, unchanged from the previous week, and from the previous month.
Tags: italy rice production

Oryza Afternoon Recap – Chicago Rough Rice Futures Touch Fresh Multi-Month
High, but Slip Slightly Under Last Minute Selling

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Feb 20, 2014

Chicago rough rice futures for March delivery settled 3.5 cents per cwt (about $1 per ton) lower at $15.760 per
cwt (about $347 per ton). After posting a fresh multi-month high rough rice futures came under last minute
selling pressure and ultimately finished the day with a slight loss. Today’s mid-day rally to $15.880 per cwt
(about $350 per ton) was enough to best Tuesday high by 1 cent per cwt (about $0.22 per ton) and has once
again confirmed the current trend of higher prices. Although the market closed slightly lower the Bollinger
bands have begun to widen out, with the upper noted at $15.860 per cwt (about $350 per ton), a fact that may
allow for additional technical buying in coming sessions.
Additionally RSI remains in neutral territory, and the current rally has been confirmed by a positive divergence
on the MACD chart. The market now appears poised to test key psychological resistance at $16.000 per cwt
(about $353 per ton) a level that has not been challenged sing prices began a deep sell-off in early December.
The other grains finished the day mixed; soybeans closed about 0.3% higher at $13.5825 per bushel; wheat
finished about 0.6% lower at $6.1625 per bushel; and corn finished the day about 0.4% higher at $4.5675 per
bushel..S. stocks advanced near session highs Thursday, with the S&P nearing its all-time high, as investors
seemed to shrug off a mixed bag of economic and earnings reports. The Dow Jones Industrial Average rallied
triple digits. The S&P 500 and the Nasdaq also climbed. The S&P 500 is closing in on its all-time high of
1,850.84. Defensive sectors led the rally, with telecoms and utilities among the biggest winners. On the
economic front, jobless claims declined less than expected in the latest week, while consumer prices ticked up
0.1% in January, matching expectations. Investors have been largely shrugging off lower-than-expected
economic data over the last two weeks, pointing to harsh weather as a reason for unexpected weakness in
reports. US stocks are currently trading about 0.7% higher, gold is trading about 0.3% lower, crude oil is seen
trading about 0.4% lower, and the U.S. dollar is seen trading about 0.3% higher at about 1:00pm Chicago
time.Wednesday, there were 1,797 contracts traded, down from 1,797 contracts traded on Friday. Open interest
– the number of contracts outstanding – on Wednesday decreased by 228 contracts to 7,829.
Tags: U.S. rice prices, U.S. rice market, chicago rough rice futures

Feb 20, 2014

U.S. dollar index was up +0.19% from the open today, when it traded at 80.301 at the close.
Euro was weaker -0.10% by the close, trading around 1.3719 by end of day, after trading between an intraday
high of 1.3763 and low of 1.3686.
Thai baht was stronger +0.05%, trading at 32.570 at the close of business.
Indian rupee was -0.02% weaker at 62.2300.

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Brazilian real was +0.96% stronger than the open at today’s close, when it ended at 2.3710 reais per dollar.
Pakistan rupee was +0.10% stronger at 104.8275.
Vietnamese dong was unchanged at 21100.
Mexican peso was +0.42% stronger today, when it traded at 13.2764 pesos per dollar by the close of business
today.
Chinese yuan was weaker -0.13%, trading at 6.0845.
Argentine peso was -0.47% weaker, trading at 7.8170 pesos per dollar.
Tags:foreign exchange rates

Feb 20, 2014

U.S. dollar index was up +0.19% from the open today, when it traded at 80.301 at the close.
Euro was weaker -0.10% by the close, trading around 1.3719 by end of day, after trading between an intraday
high of 1.3763 and low of 1.3686.
Thai baht was stronger +0.05%, trading at 32.570 at the close of business.
Indian rupee was -0.02% weaker at 62.2300.
Brazilian real was +0.96% stronger than the open at today’s close, when it ended at 2.3710 reais per dollar.
Pakistan rupee was +0.10% stronger at 104.8275.
Vietnamese dong was unchanged at 21100.
Mexican peso was +0.42% stronger today, when it traded at 13.2764 pesos per dollar by the close of business
today.
Chinese yuan was weaker -0.13%, trading at 6.0845.
Argentine peso was -0.47% weaker, trading at 7.8170 pesos per dollar.
Tags: foreign exchange rates

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Australia Rice Industry Disappointed at Exclusion of Rice in South Korea Free
Trade Agreement
Feb 20, 2014

High tariffs on several Australian farm exports to South Korea, including wheat and dairy, will be reduced and
removed completely in a few years under the Australia - Korea Free Trade Agreement (KAFTA) signed
recently. However there will be no tariff reductions on some agriculture products such as rice.The Australian
government says that the excluded products account for less than 0.2% of total exports, but the Australian rice
industry is disappointment. Rice Growers of Australia (RGA) Executive Director says, “This is an FTA in name
only. Trade agreements with exclusions are not free trade agreements.” The RGA says that KAFTA should not
become a precedent for future FTAs.According to local sources, South Korea has a rice import tariff of up to
400% for volumes outside WTO quotas. Rice farmers in South Korea say that reducing imports tariffs will hurt
their income and make locally grown rice uncompetitive.
Tags: Australia rice exports, Korea Free Trade Agreement (KAFTA)

USDA Post Projects Malaysia 2014-15 Rice Imports at 1.1 Million Tons
Feb 20, 2014

The USDA Post in Malaysia says that rice imports are expected to remain at around 1.1 million tons in 2014-15
due to stable consumption and production levels in the country.The Post says that rice production in Malaysia is
likely to increase to around 1.75 million tons in 2013-14, up about 3.5% from around 1.69 million tons in the
previous year, due to better growing techniques, increased planted area in East Malaysia, improved irrigation,
and use of high yield varieties. However, production remains limited due to unavailability of land, and rice

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production may grow slightly to 1.8 million tons in 2014-15.
Rice imports are likely to remain stable at around 1.1 million tons in 2014-15 because rice consumption is not
growing in Malaysia. Rice consumption is expected to grow slightly to around 2.8 million tons, up about 1%
from around 2.77 million tons in 2013-14, according to the USDA Post. Vietnam is the top supplier of rice to
Malaysia, and Pakistan and Thailand are the second and third largest suppliers respectively.The Post also says
that while the government has given up on full self-sufficiency in rice, it encourages production to reduce
imports. Last month, the government fixed the support price for paddy at RM1,200 (about $364) per ton last
month to encourage plantings this year. The government controls the retail price of ST15-grade rice (15%
broken) at RM1.65 – RM1.80 per kilogram (about $500 - $545 per ton) to benefit the low-income group,
according to the USDA Post.
Tags: Malaysia Rice Imports, Malaysia rice production
- See more at: http://oryza.com/news/rice-news/usda-post-projects-malaysia-2014-15-rice-imports-11-million-tons#sthash.niAn4Hz0.dpuf

India Likely to Resume Futures Trading in Rice in March 2014
Feb 20, 2014

The regulatory authority for commodity futures market in India, Forward Markets Commission (FMC), is
considering an application by the National Commodity and Derivatives Exchange Limited (NCDEX) for
resumption of futures trading in rice and may grant its permission within a month, according to local
sources.India had banned futures trading in rice, wheat and pulses in 2007 due to high prices. However, studies
later showed that price rise and inflation is not related to futures trading. The FMC says that futures trading does
not impact price of a commodity and actually helps farmers and other stakeholders. It says that certain
commodities that were suspended for trading in 2007, such as rice and pulses, but prices of these commodities
also exhibited significant price increases subsequently.India had allowed futures trading in wheat in 2009.
However, futures trading in rice remain suspended due to claims by some opposition parties that futures trading
in food grains causes hoarding and food inflation. Futures trading in pulses is also likely to resume soon.
Tags: India rice futures trading, Forward Markets Commission (FMC), National Commodity and Derivatives Exchange Limited (NCDEX)

Oryza Overnight Recap – Chicago Rough Rice Futures Little Changed Following
Quiet Overnight Session; Grain Complex Softer as Fundamental Data Fails to
Impress in Early Trading
Feb 20, 2014

Chicago rough rice futures for March delivery are currently paused 0.5 cent per cwt (about $0.11 per ton) higher
at $15.800 per cwt (about $348 per ton) as of 8:00am Chicago time. The other grains are seen lower this
morning ahead of floor trading in Chicago: soybeans are currently seen about 0.4% lower, wheat was paused
about 0.3% lower, and corn is noted about 0.5% lower.U.S. stock index futures held their losses across the

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board Thursday following weaker-than-expected earnings from Wal-Mart and as investors digested a pair of
economic reports. On the economic front, jobless claims declined less than expected in the latest week, while
consumer prices ticked up 0.1% in January, matching expectations. Other numbers to be released include the
Philadelphia Fed index at 10 a.m., leading economic indicators and weekly natural gas and crude oil
inventories. U.S. stock index futures are currently trading about 0.01% lower, gold is currently trading about
0.4% lower, crude oil is seen trading about 0.1% lower, and the U.S. dollar is currently trading about 0.1%
higher at 8:00am Chicago time.
Tags: chicago rough rice futures

IRRI Releases 44 New Rice Varieties in Asia, Africa in 2013
Feb 20, 2014

The Philippines-based International Rice
Research Institute (IRRI) and its partners
released 44 new and improved rice
varieties, including 18 climate-tolerant
varieties, in 2013.IRRI says that 21 of the
44 new rice varieties released in 2013 were
in the Philippines. Six new varieties were
released in Bangladesh, five in Myanmar,
three in Nigeria, two in Tanzania, two in
India, and one each in Cambodia, Vietnam,
Indonesia, Mozambique, and Rwanda. Of
the new rice varieties, nine were salttolerant varieties in the Philippines, three
flood-tolerant varieties in South Asia, and
six in sub-Saharan Africa.IRRI was
established in 1960 and has played a key
role in the green revolution of the 1960’s.
IRRI’s IR8 was the first improved variety that helped increase rice yields in several rice producing countries.
Since then, IRRI has around a thousand improved rice varieties across 78 countries, according to Eero Nissila,
head of IRRI’s breeding division. Rice varieties released by IRRI and its partners are considered global public
goods and governments are free to release the rice varieties for farmers’ use or for further research.IRRI says
that independent studies show that new rice varieties released by IRRI have helped farmers in Southeast Asian
countries harvest an extra $1.46 billion worth of rice annually. “A 13% boost in yield gave returns of $127 per
hectare in southern Vietnam, $76 per hectare in Indonesia, and $52 per hectare in the Philippines,” says IRRI.

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Another study says that a $12 million investment in rice research returns more than $70 million in benefits to
rice farmers in Bangladesh, Indonesia, Vietnam, and the Philippines.
Tags: International Rice Research Institute (IRRI)

Pakistan Exports 1.76 Million Tons of Rice in First Seven Months of FY 2013-14;
Down 1.4% Y-o-Y

Feb 20, 2014

Pakistan has exported around 1.76 million tons of rice (including basmati and non-basmati) during the first
seven months of the FY 2013-14 (July - June), which is down about 1.4% from around 1.79 million tons
exported during the same period in FY 2012-13, according to the Pakistan Bureau of Statistics (PBS).In terms
of value, Pakistan's total rice exports increased by 36% to 129.7 billion rupees (around $1.2 billion) during the
seven-month period, up from 95.7 billion rupees (around $998 million) during the same period in FY 2012-13.

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In dollar terms, the country’s exports increased by about 2% over the same period in 2012-13.Pakistan exported
324,238 tons of basmati rice during the first seven months of FY 2013-14, down about 6.7% from 345,863 tons
exported during the same period in FY 2012-13. In terms of value, the country's basmati exports during the
seven-month period increased by about 10.5% to 35.27 billion rupees (around $336.5 million) from 31.92
billion rupees (around $334 million) during the corresponding period in 2012-13.
In dollar terms, the country's basmati exports increased by only 0.8% year-on-year. The average basmati price
during July 20133 to January 2014 stood at around $1,060 per ton, up about 9.2% from $971 per ton during the
same period in 2012-13.Pakistan’s non-basmati rice exports stood at around 205,403 tons in July 2013 - January
2014, up about 2% from 201,150 tons exported in the same period in 2012-13. In terms of value, the country's
non-basmati rice exports during the seven-month period increased by about 48% to 94.5 billion rupees (around
$898 million) from 63.9 billion rupees (around 664 million) during the same period in FY 2012-13. In dollar
terms, the country's non-basmati exports increased by about 35% year-on-year. Average non-basmati price
during July 2013 – January 2014 was $616 per ton, up 32% from $468 during the same period in 2012-13.In
January 2014, Pakistan exported around 349,267 tons of rice, down around 1.1% from 353,267 tons exported in
December 2013. Basmati rice exports in January 2014 increased by about 15.3% to 52,240 tons from 45,291
tons in December 2013. The average basmati price declined 2.3% month-on-month to $1,186 per ton from
$1,214 per ton. Non-basmati rice exports in January 2014 declined by about 3.5% to 297,027 tons from 307,722
tons in December 2013. But the average non-basmati price increased about 3% month-on-month to $693 per ton
from $673 per ton.
Tags: Pakistan rice exports

India Central State Madhya Pradesh Chief Minister Seeks PM’s Intervention to
Include State in Basmati GI Application
Feb 20, 2014

The Chief Minister of the Indian central state of Madhya Pradesh (MP) has sought the Prime Minister's
intervention to protect MP’s status as basmati-producing state, according to local sources.The Chief Minister of
MP has requested the Prime Minister to direct the Agriculture and Processed Food Producing Export
Development Authority (APEDA) to accept the order of the Geographical Indication (GI) Registry and include
Madhya Pradesh in its GI application. The GI Registry had earlier directed the APEDA to include Madhya
Pradesh in its GI application on December 31, 2013, but APEDA has refused to do so.
The MP Chief Minister expressed disappointment over APEDA's appealing to the Intellectual Property
Appellate Board despite the GI Registry's direction. He says that the state produces about 500,000 tons of
basmati rice from about 200,000 hectares, adding that the basmati rice produced in the state is accepted in
foreign markets and the state contributes to 40% of India's basmati exports to the Americas.The MP Chief
Minister claims that the APEDA is acting under the pressure of the North Indian states and the APEDA's
decision would further delay basmati rice getting a legal protection in India.
Tags: india basmati rice, Geographical Indications (GI)

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Asia Rice Quotes Unchanged Today
Feb 20, 2014

Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thai 5% rice (of new crop) is quoted around $425 - $435 per ton, about a $30 per ton premium over Viet 5%
rice shown around $395 - $405 per ton.
Indian 5% rice is quoted around $415 - $425 per ton, about a $20 per ton premium over Pak 5% rice quoted
around $395 - $405 per ton.
25% Broken Rice
Thai 25% rice (of new crop) is quoted about $390 - $400 per ton, about a $25 per ton premium over Viet 25%
rice shown around $365 - $375 per ton.
Indian 25% rice is quoted about $360 - $370 per ton, about a $10 per ton premium over Pak 25% rice quoted
around $350 - $360 per ton.
Parboiled Rice
Thai parboiled rice of the old crop is quoted around $460 - $470 per ton.
Indian parboiled rice is quoted around $400 - $410 per ton, about $5 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 shown around $355 - $365 per ton.
Indian broken sortexed rice is quoted about $300 - $310 per ton, about a $20 per ton discount to Pak broken
sortexed rice quoted around $320 - $330 per ton.
Tags: Asia rice quotes, India rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes

Argentina 2012-13 Paddy Rice Production Estimated at 1.39 Million Tons; Down
8.5% from Previous Year
Feb 20, 2014

Argentina’s
paddy
rice
production in 2012-13 is
estimated at around 1.39
million tons, down about 8.5%
from around 1.52 million tons
produced in the previous year,
mainly due to lower yields in
the Entre Rios and Santa Fe
regions.According to official

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sources, rice acreage in Argentina stood at around
222,695 hectares in 2012-13. Within Argentina,
rice acreage in the Corrientes region stood at
around 96,400 hectares, about 43% of the total rice
acreage in the country. The Entre Rios accounted
for around 67,900 hectares (about 30%), and Santa
Fe region accounted for around 43,000 hectares or
about 19% of the total rice acreage in Argentina.
National average rice yield in Argentina stood at
around 6.3 tons per hectare in 2012-13. Average
yield in Corrientes stood at around 6.7 tons per
hectare in 2012-13, almost unchanged from 201112. However, average yield in Entre Rios declined

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to around 6.8 tons per hectare in 2012-13, down about 7% from around 7.3 tons per hectare in 2011-12, and
average yield in Santa Fe declined to around 4.6 tons per hectare, down about 20% from around 5.8 tons per
hectare
in
2011-12.

In 2012-13, paddy rice production in Corrientes stood at around 646,845 tons (about 46% of total production in
Argentina), in Entre Rios stood at around 533,835 tons (about 33%), and in Santa Fe region stood at around
197,800 tons (about 14%).According to the USDA, milled rice production in Argentina is estimated at around
one million tons (about 1.56 million tons of paddy) in calendar year 2013, up slightly from 2012. Rice
production in 2014 is expected to decline to around 975,000 tons (about 1.5 million tons of paddy) in 2014.
According to the USDA, rice consumption in Argentina stands at around 425,000 tons, and annual exports are
in 2013 are projected at around 575,000 tons. However, exports are expected to increase by around 13% to
about 650,000 tons in 2014 partly due to a weaker currency.
Tags: Argentina rice production

Philippines Government Counsel Warns of WTO-Sanctioned Retaliation Over
Violating QR Rules on Rice Imports
Feb 20, 2014

The Philippines government Corporate Counsel has warned of possible disputes with other WTO member
nations over continuous imposition of quantitative restrictions (QR) on rice imports, according to local
sources.The Counsel says that the government's current policy of continuing QRs on rice imports until 2017
despite the expiration of the World Trade Organization (WTO)-granted “special privilege” of quantitative
restrictions (QR) in June 2012, is not allowed under existing provisions of the WTO. “Other WTO membercountries, which may be prejudiced by NFA and the country’s action on rice imports, may file a dispute and
adverse decisions on such disputes may result in WTO sanctioned retaliation to the Philippines,” he says.
Currently, the Philippines imposes a 40% duty on rice imports under the Minimum Access Volume (MAV) of
350,000 tons and a 50% tariff on imports above the MAV. Concerns over special treatment to rice imports came
up when some importers argued that they need not seek import permits from the National Food Authority
(NFA) as the QR on rice imports under the WTO-GATT has expired. Many importers have been stressing for a
legal opinion from the country's Department of Justice (DJ) over this matter. The Justice Secretary is likely to
take the opinion of the Solicitor General over matter, according to the local sources.The Philippines government
is likely to conduct further negotiations with the U.S., Canada, Australia and Thailand, which withheld support
for the extension of the QR until the country gave tariff concessions on beef, chicken, swine and turkey.
Tags: Philippines rice imports, World Trade Organization (WTO)

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Bangladesh Government Increases Aman Rice Procurement Target by 50% to
300,000 Tons
Feb 20, 2014

The Bangladesh government has increased the Aman (May - December) rice procurement taget (between
December 1, 2013 and February 28, 2014) by 50% to 300,000 tons from the earlier announced 200,000 tons to
meet shortages in food reserves, according to the Additional Director General of the Directorate of Food.A
Food Directorate official says that the government will meet the target within the time frame and has already
signed contracts with millers to supply 291,000 tons. The government has already procured 236,329 tons of
Aman rice as on February 18, 2014, according to the Ministry of Food.
The government had announced on November 27, 2013 that it would procure 200,000 tons of Aman rice (about
33% less than the target of 300,000 tons in FY 2012-13) at Tk30,000 (around $380) per ton. However, rice
millers are said to be unhappy with the government’s decision as they fear the amount of Tk30,000 (around
$380) per ton paid by the government would be barely cover their production costs, which are currently at
Tk33,000 (around $418) per ton. But the government claims that the production cost is only Tk25,330 (around
$321) per ton.The government's decision to increase procurement is expected to increase the country's food
reserves, which stand at 963,300 tons as on February 6, 2014, down about 22% from 1.235 million tons during
the same period last year, according to the Ministry of Food. The government plans to distribute 2.55 million
tons of rice through the public distribution system (PDS) in 2013-14, up 22% from last year's 2.09 million tons.
As on February 6, 2014, the government has distributed 1.4 million tons through the PDS.The government also
plans to start open market sale (OMS) for rice from March 2, 2014 until boro (January - May) harvest in June,
2014 to control prices. The OMS price is reportedly fixed at Tk24,000 (around $304) per ton.
Tags: Bangladesh rice procurement

Invasive Snail Destroys Half of Rice Crop in Spain
Feb 20, 2014

An invasive snail species, island apple snail in the Spanish River delta, Ebro, has destroyed nearly half of the
region's rice-fields since 2009, and could destroy more wetland ecosystems if they spread across southern
Europe, according to local sources.Though small in size, the island apple snail (Pomacea insularum) is capable
of eating roots of up to 15 rice plants each day. The snails can spread fast by getting attached to feathers of
birds.Authorities in Spain are trying to solve the snail menace by drying out the fields in winter and flooding
some with salt water. However, this is likely to increase production costs for farmers. The EU, which normally
pays farmers a subsidy to keep their fields flooded during the winter months and preserve wetland habitat for
birds and fish, has allowed rice-growers to dry out their lands this year. The EU has given permission to drain
7,000 hectares of fields this winter, but says that it will not pay subsidies to the farmers for this.

Cell # 92 321 369 2874

Rice farmers complain that the EU is indifferent to their problems, but the EU says it is sharing the cost of
protecting the fields with the Spanish and Catalonian governments. The EU is in fact recouping the cost of
about euro 378,000 (around $520,000) from the farmers by cutting down their subsidies.Meanwhile, the
European Food Safety Authority (Efsa) has warned that the snails could destroy wetland ecosystems if they
spread across southern Europe. The Efsa Vice-Chair expressed concern that the snails could attach to the
feathers of migrating birds and spread to wetlands hundreds of kilometers away. The Efsa says that the snail
could strive in large parts of Spain, southern France, Italy and Greece and the Danube. According to the Global
Invasive Species Database, the snails have an ability to reproduce at extraordinary rates. Beween April and
November, females will lay 400 bright pink eggs every five to 15 days.Local farmers say the snail was imported
into Ebro delta by an animal importer as a pet. Later, in November 2012, the EU banned the import of all snails
in the genus Pomacea.Spain is the second-largest rice producer in the EU. According to Eurostat, the area under
rice cultivation in Spain stood at around 112,700 hectares in 2013, and paddy rice production in 2013 is
estimated at around 867,700 tons, down about 3.5% from around 899,600 tons produced in 2012.
Tags: Spain rice production, snail (Pomacea insularum)

Pakistan 2013-14 Rice Production Likely to Reach 7 Million Tons, Says SUPARCO
Feb 20, 2014

The Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) says that rice production in
Pakistan is likely to reach around 7 million tons in 2013-14 because of higher than expected rabi season
(November – January) rice production this year.Rice is grown in the Sindh, Balochistan and Southern Punjab
regions during the rabi season. SUPARCO data shows that the rabi season rice planting had started in
November 2013 and reached active vegetative growth stage at the end of January 2014. According to the
agency's SPOT VGT satellite data at the end of January, 2014, the Normalized Differential Vegetative Index
(NDVI) profiles of all provinces started to reach their peak stage due to active growth of different
crops.SUPARCO says that the current Rabi season received less rain than last season and the Pakistan
Meteorological Department forecasts considerably less rains in February and March based on regional models,
which is likely to help rice harvest.
Balochistan has received more cumulative rain among the rice growing areas. The relative humidity in the
current rabi season is about 20% higher in the mornings and 10% higher in the evenings compared to relative
humidity levels in the last rabi season.SUPARCO rice production estimates are about 16% higher than USDA
estimates of 6 million tons of rice production in MY 2013-14. The USDA estimates rice consumption in
Pakistan at 2.8 million tons in MY 2013-14, up around 4% from the previous year’s 2.7 million tons. Pakistan’s
rice exports are estimated at around 3 million tons in 2013-14, according to the USDA.
Tags: Pakistan rice production, Pakistan Space and Upper Atmosphere Research Commission (SUPARCO

Oryza Global Rice Quotes
February 20th, 2014

Cell # 92 321 369 2874

Long grain white rice - high quality
Thailand 100% B grade
440-450
↔
Vietnam 5% broken 395-405
↔
India 5% broken
415-425
↔
Pakistan 5% broken 395-405
↔
Cambodia 5% broken 450-460
↔
U.S. 4% broken
575-585
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔
Long grain white rice - low quality
Thailand 25% broken 390-400
↔
Vietnam 25% broken 365-375
↔
Pakistan 25% broken 350-360
↔
Cambodia 25% broken
420-430
↔
India 25% broken
360-370
↔
U.S. 15% broken
550-560
↔
Long grain parboiled rice
Thailand parboiled 100% stxd
460-470
Pakistan parboiled 5% broken stxd 405-415
India parboiled 5% broken stxd
400-410
U.S. parboiled 4% broken
660-670
↔
Brazil parboiled 5% broken 590-600
↔
Uruguay parboiled 5% broken
NQ ↔
Long grain fragrant rice
Thailand Hommali 92%
945-955
↔
Vietnam Jasmine
525-535
↔
India basmati 2% broken
1515 -1525 ↔
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Malis 890-900
↔
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
300-310
↔
Egypt medium grain brokens NQ ↔
U.S. pet food 470-480
↔
Brazil half grain
345-355
↔
Medium grain milled
U.S. Calrose 4% broken
620-630
↔
Egypt medium grain 6%
NQ ↔

↔
↔
↔

All prices USD per ton, FOB vessel, oryza.

Cell # 92 321 369 2874

21st feb.,2014 daily exclusive oryza news by riceplus magazine

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