26th august,2014 daily exclusive oryza rice e newsletter by riceplus magazine

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Daily Rice Global Rice e-Newsletter shared by Riceplus Magazine
Riceplus Magazine shares daily International RICE News for global Rice Community. We publish daily two newsletters namely Global Rice News & ORYZA EXCLUSIVE News for readers .You can share any development news with us for Global readers.
Dear all guests/Commentators/Researchers/Experts ,You are humbly requested to share One/Two pages write up with Riceplus Magazine .
For more information visit (www.ricepluss.com + http://publishpk.net/index.php/riceplus).
Share /contribute your rice and agriculture related research write up with Riceplus Magazine to riceplus@irp.edu.pk , mujahid.riceplus@gmail.com
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26th august,2014 daily exclusive oryza rice e newsletter by riceplus magazine

  1. 1. 26th August, 2014 TOP Contents - Tailored for YOU Latest News Headlines…  Branding Makes a Difference for Pakistan Rice Exports, Say Experts  Oryza U.S. Rough Rice Recap - Quiet Market as Prices Hold  Pakistan is significantly losing out on rice exports due to lack of branding, say experts, according to local sources.  South Korea Buys 9,434 Tons of Australian Non-Glutinous Rice in Tender  Oryza Global Rice Quotes  Vietnam Rice Sellers Lower Some of Their Quotes Today; Other Asia Rice Quotes Unchanged  Vietnam exported around 3.841 million tons of rice in January 1 – August 14, 2014  Sri Lanka Plans to Import 100,000 Tons of Rice in 2014 as Production May Decline 17% to 3.32 Million Tons Bangladesh Collaborates with China to Boost Hybrid Rice Production  Mozambique Targets 80% Self-Sufficiency in Rice by 2020 NEWS DETAILS: Branding Makes a Difference for Pakistan Rice Exports, Say Experts 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 Aug 25, 2014
  2. 2. Pakistan is significantly losing out on rice exports due to lack of branding, say experts, according to local sources.Of late, Pakistan's earnings from rice exports have been increasing despite a decline in the volume of exports as Pakistan rice exporters have been able to get better prices for basmati rice in the international markets.Pakistan basmati rice exporters always compete with Indian basmati rice exports and realized that they have been losing out to Indian exporters just because of lack of strong brands in the country. Indian exporters have been pretty fast in reacting to the market trends, say experts. Consequently, basmati brands such as ‘Falak’ and ‘Rymah’ evolved and some Pakistan exporters have been successful in getting better prices for basmati rice. Yet, out of total 733,860 tons of basmati rice exported, less than 10%, or around 70,000 tons are branded.Situation is worse in the case of non-basmati rice exports. Hardly any brands exist in this segment. Talking about the importance of branding, a basmati rice exporter told local sources that till recently, Pakistan exported most of its rice, including basmati and non-basmati, without proper processing, packaging and branding. He noted that leading basmati rice brands are getting nearly $500 per ton higher than unbranded varieties. Experts say that rice processing and exports are still in the hands of small and medium players who lack professionalism. This is the main reason why Pakistan exporters are not realizing the importance of branding and marketing, they add. Head of one of the leading basmati brands told local sources that brand-building also requires huge investment for market research, promotion and marketing as well as subsistence, and Pakistan exporters lack both these elements.Pakistan exported around 3.16 million tons of rice in the fiscal year 2013-14 (July 2013 - June 2014), down about 7% from around 3.4 million tons of rice exported in FY 2012-13. But, earnings from total rice exports have increased 14% to around$2.185 billion from around $1.922 billion last year. Tags: Pakistan rice brands, Pakistan rice exports, Pakistan basmati rice exports Oryza U.S. Rough Rice Recap - Quiet Market as Prices Hold 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 Aug 25, 2014 As of today, offers could still be found around $13.00-$13.33 per cwt fob farm (about $287-$294 per ton) while bids held steady near $12.85-$13.25 per cwt (about $282-$292 per ton) for September-October delivery however no trades were reported.In the meantime, the USDA estimates that as of Aug 24th, 94% of the U.S. rice crop had headed which was 6%
  3. 3. greater than this time last year and 5% greater than the previous 5-year average. As of now, the USDA estimates that 93% of the rice crop in Arkansas has headed compared to 90% in California, 99% in Louisiana, 96% in Mississippi, 89% in Missouri, and 100% in Texas.The USDA estimates that , 11% of the U.S. rice crop has be harvested which was 2% less than this time last year and 6% less than the previous 5-year average. As of now, the USDA estimates that 1% of the rice crop in Arkansas has been harvested compared to 0% in California, 46% in Louisiana, 2% in Mississippi, 0% in Missouri, and 48% in Texas.The USDA also considers 74% of the U.S. to be in good to excellent condition, which was unchanged from last week and 4% better than this time last year, compared to 65% in Arkansas, 85% in California, 85% in Louisiana, 86% in Mississippi, 67% in Missouri, and 54% in Texas. Tags: U.S. rice prices, U.S. rice market Branding Makes a Difference for Pakistan Rice Exports, Say Experts 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 Aug 25, 2014 Pakistan is significantly losing out on rice exports due to lack of branding, say experts, according to local sources. Of late, Pakistan's earnings from rice exports have been increasing despite a decline in the volume of exports as Pakistan rice exporters have been able to get better prices for basmati rice in the international markets.Pakistan basmati rice exporters always compete with Indian basmati rice exports and realized that they have been losing out to Indian exporters just because of lack of strong brands in the country. Indian exporters have been pretty fast in reacting to the market trends, say experts. Consequently, basmati brands such as ‘Falak’ and ‘Rymah’ evolved and some Pakistan exporters have been successful in getting better prices for basmati rice. Yet, out of total 733,860 tons of basmati rice exported, less than 10%, or around 70,000 tons are branded.Situation is worse in the case of non-basmati rice exports. Hardly any brands exist in this segment. Talking about the importance of branding, a basmati rice exporter told local sources that till recently, Pakistan exported most of its rice, including basmati and non-basmati, without proper processing, packaging and branding. He noted that leading basmati rice brands are getting nearly $500 per ton higher than unbranded varieties. Experts say that rice processing and exports are still in the hands of small and medium players who lack professionalism. This is the main reason why Pakistan exporters are not realizing the importance of branding and marketing, they add. Head of one of the leading basmati brands told local sources that brand-building also requires huge investment for market research, promotion and marketing as well as subsistence, and Pakistan exporters lack both these elements.Pakistan exported
  4. 4. around 3.16 million tons of rice in the fiscal year 2013-14 (July 2013 - June 2014), down about 7% from around 3.4 million tons of rice exported in FY 2012-13. But, earnings from total rice exports have increased 14% to around$2.185 billion from around $1.922 billion last year. Tags: Pakistan rice brands, Pakistan rice exports, Pakistan basmati rice exports South Korea Buys 9,434 Tons of Australian Non-Glutinous Rice in Tender 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 Aug 25, 2014 South Korea's state run Agro-Fisheries & Food Trade Corporation (KAFTC) has purchased 9,434 tons of non-glutinous rice of Australian origin (japonica) for delivery between December 15-31, 2014, according to tender results announced on its website.The results are for tender that closed on August 7, 2014. The KAFTC will buy 4,039 tons of medium type brown rice at about $928.20 per ton, 2,697 tons of medium type milled rice at about $1,007 per ton and 2,698 tons of medium type milled rice at $997 per ton. Tags: South Korea rice tenders, South Korea rice imports, South Korea Agro-Fisheries Corporation (KAFTC) Oryza Global Rice Quotes August 25th, 2014 Long grain white rice - high quality Thailand 100% B grade 455-465 ↔ Vietnam 5% broken 445-455 ↓ India 5% broken 440-450 ↔ Pakistan 5% broken 440-450 ↔ Cambodia 5% broken 465-475 ↔ U.S. 4% broken 535-545 ↔ Uruguay 5% broken 610-620 ↔ Argentina 5% broken 610-620 ↔
  5. 5. Long grain white rice - low quality Thailand 25% broken NQ ↔ Vietnam 25% broken 400-410 ↔ Pakistan 25% broken 395-405 ↔ Cambodia 25% broken 450-460 ↔ India 25% broken 390-400 ↔ U.S. 15% broken 525-535 ↔ Long grain parboiled rice Thailand parboiled 100% stxd 445-455 ↔ Pakistan parboiled 5% broken stxd 450-460 ↔ India parboiled 5% broken stxd 430-440 ↔ U.S. parboiled 4% broken 630-640 ↔ Brazil parboiled 5% broken 595-605 ↔ Uruguay parboiled 5% broken NQ ↔ Long grain fragrant rice Thailand Hommali 92% 1055-1065 ↔ Vietnam Jasmine 580-590 ↓ India basmati 2% broken NQ ↔ Pakistan basmati 2% broken NQ ↔ Cambodia Phka Malis 880-890 ↔ Brokens Thailand A1 Super NQ ↔ Vietnam 100% broken 335-345 ↔ Pakistan 100% broken stxd 325-335 ↔ Cambodia A1 Super 360-370 ↔ India 100% Broken stxd 345-355 ↔ Egypt medium grain brokens NQ ↔ U.S. pet food 470-480 ↔ Brazil half grain NQ ↔ Medium grain milled U.S. Calrose 4% broken 1025-1035 ↔ Egypt medium grain 6% NQ ↔ All prices USD per ton, FOB vessel, oryza.com Vietnam Rice Sellers Lower Some of Their Quotes Today; Other Asia Rice Quotes Unchanged 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. 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 Aug 25, 2014 Vietnam rice sellers lowered their quotes for 5% broken rice and Jasmine rice by about $5 per ton and $10 per ton respectively to around $445 - $455 per ton and around $580 - $590 per ton respectively today. Other Asia rice sellers kept their quotes unchanged . 5% Broken Rice Thailand 5% rice is quoted at around $440 - $450 per ton, about $5 per ton discount to Vietnam 5% rice quoted at around $445 - $455 per ton, down about $5 per ton from Friday. India 5% rice is quoted at around $440 - $450 per ton, on par with Pakistan 5% rice quoted at around $440 - $450 per ton. 25% Broken Rice Thailand 25% rice was last quoted at around $350 - $360 per ton, about $50 per ton discount to Vietnam 25% rice quoted at around $400 - $410 per ton. India 25% rice is quoted at around $390 - $400 per ton, about $5 per ton discount to Pakistan 25% rice quoted at around $395 - $405 per ton. Parboiled Rice Thailand parboiled rice is quoted at around $445 - $455 per ton. India parboiled rice is quoted at around $430 - $440 per ton, about $20 per ton discount to Pakistan parboiled rice quoted at around $450 - $460 per ton. 100% Broken Rice Thailand broken rice, A1 Super, was last quoted at around $310 - $320 per ton, about $25 per ton discount to Vietnam broken rice quoted at around $335 - $345 per ton. India broken sortexed rice is quoted at around $345 - $355 per ton, about $20 per ton premium on Pakistan broken sortexed rice quoted at around $325 - $335 per ton. Tags: Vietnam rice prices, India rice prices, pakistan rice prices, Thailand rice prices
  7. 7. Vietnam exported around 3.841 million tons of rice in January 1 – August 14, 2014 Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874 Vietnam exported around 3.841 million tons of rice in January 1 – August 14, 2014, down about 18% from around 4.7 million tons of rice exported during January - August, 2013, according to data from the Vietnam Food Association (VFA). Average rice export price so far in this year stands at around $431 per ton (FOB), up about 0.5% per ton from around $429 per ton recorded during same time in last year.During August 1-21, 2014, Vietnam exported around 224,376 tons of rice, down about 64% from around 620,532 tons rice exported in full month of August 2013, and down about 63% from around 615,844 tons rice exported in full month of July 2014. Average export prices in so far in August stands at about $428 per ton, up about $2 per ton from a year ago, and down about $2 per ton from a month ago. Tags:Vietnam rice exports, Vietnam Food Association (VFA)
  8. 8. Sri Lanka Plans to Import 100,000 Tons of Rice in 2014 as Production May Decline 17% to 3.32 Million Tons 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 Aug 25, 2014 Sri Lankan authorities are planning to import around 100,000 tons of rice in 2014 as they are expecting the country's paddy production to decline about 17% to around 3.32 million tons (around 2.26 million tons, basis milled) from around 4 million tons (around 2.72 million tons, basis milled) produced in 2013, reports the UN's Integrated Regional Information Networks (IRIN).The country's Finance Secretary told media sources that Sri Lanka is likely to record lowest production in the last six years due to an acute dry spell that has hit many rice growing areas in the North, North Central and Eastern Provinces, adding that rice imports will continue until the harvest picks up.According to the Hector Kobbekaduwa Agrarian Research Institute (HKARI) in Colombo, the south west monsoon, which brings maximum rainfall to the country between May and September, has been below average and has impacted rice planting process severely. Planting for 2014 Yala rice crop (April-September) is about 42% below over last year. Planting for the Maha main rice crop (September - April) will begin next month. Planting in areas relying on irrigation are also suffering due to depleting water reserves. The Director of the HKARI says traditional rice farming methods used by the Sri Lankan farmers also require huge quantities of water. She noted that they are working towards devising newer farming methods based on scientific research as well as developing drought-resistant rice varieties.The UN's Food and Agricultural Organization (FAO) has estimated Sri Lanka's paddy rice production to decline to around 3.9 million tons (around 2.65 million tons, basis milled) in 2014, down about 16% from around 4.62 million tons (around 3.14 million tons , basis milled) produced in 2013.USDA estimates Sri Lanka to produce around 2.8 million tons of rice, basis milled (around 4.1 million tons, basis paddy) and import around 20,000 tons in MY 2014-15 (October 2014 - September 2015). Sri Lanka’s consumption needs are estimated at around 2.9 million tons of milled rice per year. Tags: Sri Lanka rice production, Sri Lanka rice imports, Drought-tolerant rice varieties Bangladesh Collaborates with China to Boost Hybrid Rice Production
  9. 9. Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874 Aug 25, 2014 The Bangladesh Rice Research Institute (BRRI) and Bangladesh Agriculture Development Corporation (BADC) have collaborated with China's Sichuan Nongda High-tech Agriculture Co Ltd to develop and promote hybrid rice varieties in the country under the Hybrid Rice Cooperation Project, according to local sources.According to sources at the Agriculture Ministry, the collaboration aims to get technological and financial support from China to boost rice production in the country as well as ensure food security. While the BRRI is responsible for research and development, BADC will oversee seed production, processing as well as marketing under the project.China has agreed to provide a total Tk80 crore (around $10.3 million) funding towards setting up a Joint Research Center (JRC) under the project, according to local sources. Initially, it will provide around Tk 30 crore (around $3.87 million) and release the remaining funds in a phased manner. The JRC will be responsible to develop hybrid seeds specific for all the three rice producing seasons - Aus, Aman and Boro. Currently, only 10-12% of Bangladesh production of around 34 million tons is based on hybrid seeds, according to the Director General of the Seed Wing of the Agriculture Ministry. Very few of the 62 rice varieties developed by the BRRI are also popular among farmers because of poor marketing, and farmers who use hybrid seeds are importing seeds from China through some private seed companies, he said. The DG of Seed Wing also noted that the government is keen on increasing hybrid seed production in the coming years to address the shrinking rice acreage.Bangladesh has produced around 34.449 million tons of rice, basis milled, in FY 2013-14 (July - June), up about 2.7% from around 33.833 million tons produced in FY 2012-13, according to provisional official estimates from the Department of Agriculture Extension (DAE).USDA estimates Bangladesh to produce around 34.8 million tons of rice in MY 2014-15 (May - April), up about 1% from an estimated 34.59 million tons in MY 2013-14. It estimates Bangladesh to import around 100,000 tons of rice in 2015, down about 75% from an estimated 400,000 tons in 2014. The country's rice consumption needs are estimated at around 34.8 million tons in MY 2014-15 slightly up from an estimated 34.6 million tons in MY 2013-14. Tags: Bangladesh rice production, Bangladesh hybrid rice production, Bangladesh rice imports Mozambique Targets 80% Self-Sufficiency in Rice by 2020 Aug 25, 2014
  10. 10. The Mozambican government is targeting to achieve 80% self-sufficiency in rice production by 2020, according to local sources.The National Director of Agricultural Services told local reporters that the government is keen on reducing the proportionately high import bill (of around $140 million) on rice. He noted that the country's production is plagued by poor access to modern agricultural inputs, traditional and old farming techniques, inefficient water management, and obsolescent irrigation infrastructures, while adding that nearly 670,000 hectares of cultivable land is unused.Use of appropriate technology, including high quality seeds and other inputs, and by improving harvest and post-harvest operations, the country can increase rice production significantly, he said. Farmers can be benefited by the Intensive Technology Transfer Program, he adds. The ongoing development of Chokwe irrigation system in the southern province of Gaza and the Maganja da Costa irrigation system in the central province of Zambezia are going to provide the necessary impetus to the country's rice sector, he noted.Mozambique is a net importer of rice and imports around 70% rice needed yearly to compensate for lags in production as well as to meet the consumption needs. USDA estimates Mozambique to produced around 228,000 tons and import around 520,000 tons of rice in MY 2014-15 to meet a consumption of around 748,000 tons. Tags: Mozambique rice production, Mozambique rice imports 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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