20th november,2015 daily global,regional & local rice e-newsletter by riceplus magazine

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aily Global Rice E-Newsletter

by Riceplus Magazine

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Rice export to Indonesia, Philippine, Sri Lanka on the cards Dastagir says reason behind decrease in export is depressed pri ces of r ice in i nternational mark et

Agencies

November 20, 2015, 1:45 pm

ISLAMABAD - Federal Minister for Commerce Engineer Khurram Dastagir Khan on Fridayinformed the National Assembly that export of rice to Indonesia, Philippine and Sri Lanka wouldstart very soon.

Replying to various questions during Question hour, he said, agreementto export rice to Indonesia has been finalized while with Philippine it isin final stage, adding that concern of Sri Lanka about quality has beenremoved and export will start soon.He said exports of rice in the currentmarkets are also being increased besides Trade Development Authorityof Pakistan (TDAP) is actively supporting the rice exporters and finding

new markets as Pakistan has world class Basmati rice.

The Minister said an agricultural exhibition was held in Russia for the first time and RussianFederation would become a new market for Pakistan, adding that in the recent days talks withofficials of South Africa, Russia, France, Indonesia, Angola, Germany were held to increase exportof Pakistani rice to these countries.He said surplus stock of basmati rice is available with the privatesector in the country due to bumper crop and less exports. However, it is hard to determine the exactquantity of stocks.

The Minister said the reason behind decrease in export is depressed prices of rice in internationalmarket due to introduction of new low cost high yielding varieties of rice by internationalcompetitors.He said the export of rice is in the private sector and one time purchase of stocks by thegovernment will not resolve the problem. He, however, said the government is in contact with thestakeholders to devise a mechanism to support the private sector in export efforts.He said the PrimeMinister has constituted a committee to support the growers and has announced Rs 350 billionKissan Package to help mitigate sufferings of the growers, particularly rice growers.

http://www.dailytimes.com.pk/business/20-Nov-2015/export-of-rice-to-indonesia-philippine-sri-lanka-to-start-soon

Delay in new trade policy hurting exports MUBARAK ZEB KHAN — PUBLISHED A DAY AGO

ISLAMABAD: After a delay of five months, the Ministry of Commerce has sent a summary ofthe Strategic Trade Policy Framework (STPF) 2015-18 to the prime minister for his approval, anofficial told Dawn on Thursday.The policy was to be implemented from July 1, 2015 as the





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STPF 2012-15 expired on June 30, 2015. An official said implementation of the new STPF couldgo a long way in arresting the trend of decline in exports. In the first four months of this fiscalyear, the country’s export proceeds witnessed a double digits decline.The process on theformulation of the new policy was started in September 2014 and the commerce ministryreceived 837 proposals. Of these 50 came from FPCCI, 110 from chambers of commerce and

industries, 160 from trade associations, 240 from Pakistan’s trade mission abroad and 200 fromfederal and provincial government departments.

The official said the proposals were examined between November 2014 to March 2015. Thisexercise was followed by inter-ministerial consultation between March-April 2015. And theadvisory council meeting was held in May 2015.After completion of the whole exercise, thecommerce ministry sent a request to the prime minister secretariat seeking time to give

presentation before formally submitting the policy to the cabinet for approval.Instead ofimplementing the policy, the prime minister constituted a cabinet committee on production andexports in August 2015. The committee, headed by the finance minister, held two meetings onthe STPF and approved it on August 29. It was placed on back burner for more than two and a

half months.The draft policy envisages $35 billion ambitious export target. It is focusing onmarkets as well as products with a specific support measures in the next three years.

The government would also provide Rs20bn for research and development.The new policytargets product sophistication and diversification; market access; institutional development andstrengthening and trade facilitation.Under the policy, the focus market for basmati rice exportswill be Iran, Saudi Arabia. The fresh vegetables and fruits exports like kinno, mango, vegetables,

potato, and onion will be supported to markets of South East Asia and Middle East.In the samecategory, exports of meat products will be promoted to the markets of Middle East includingIran.The government will provide freight subsidy on export of cement to Africa. Other potentialmarket for cement are Sri Lanka, India and Afghanistan.The duty structure will be revised on raw material including coal and shredded tyre as well.As

per the draft policy, the market-linked focus products for Iran consist of basmati rice and meat.Under this scheme, for Iran government will provide warehousing support, branding support,certification support, border market support as well infrastructure development support to theidentified sectors.For Afghanistan exports of wheat, rice, meat and cement will be promoted. ForAfghanistan, the strategy includes infrastructure development, banking and rail link, zero ratingon export of plastics.For China, the products exports of which will be promoted included rice,yarn, fabrics, and garments.

Published in Dawn, November 20th, 2015 http://www.dawn.com/news/1220847/delay-in-new-trade-policy-hurting-exports

Paddy prices go up, still below production cost

20 Nov, 2015 00:00:00

Yasir Wardad





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The food minister's declaration of raising duty on rice import has helped increase paddy prices at homeslightly but the prices are still much below production cost, insiders said.Market insiders said the decisionof hiking import duty should be implemented within a week to help most of the farmers get returns fromthe harvest.Paddy prices increased by Tk 40--50 per maund (40 kg) in last five days with theannouncement of the food minister that the government would raise import duty of rice.Swarna variety

was selling at Tk 580-620 per maund which dropped to just Tk 500-550 per maund in different districtsas the harvest began in the last week of October, sources in Rangpur, Rajshahi, Kushtia and Jessoreregions said.Md Shah Suja, a farmer at Ramnagar in Nilphamari, told the FE that he has been getting poor

prices for paddy from last Aman season due to flooding of the market with imported low-cost Indian rice.

He said the prices of paddy in this Aman season dropped below the level of the last season. "We alsoincurred losses in last Boro season as price of Brridhan-28 was below Tk 650 per maund against a

production cost of minimum Tk 700," he said.The agriculture ministry, however, has estimated a production cost of Tk 740 per maund paddy in this Aman season.The government recently declared its

procurement target for public food storage. The government will buy 0.2 million tonnes of Aman (riceform) at Tk 31 per kg which will be started from December 15. The food minister at a meeting of theFood Planning and Monitoring Committee at the ministry also declared that duty on rice import would beraised further from the earlier 10 per cent.However, the government imposed a 10 per cent import duty atthe end of last Boro season which became effective from July 01 last.

Before that, having a zero-tariff facility, the private sector of the country made a record import of over1.49 million tonnes of rice from India in the financial year 2014-15. The import continues as theimporters brought another 0.122 million tonnes in last four and half months. Secretary of the BangladeshAuto Major Husking Mills Owners Association KM Layek Ali told the FE that apart from formal import,a huge volume of rice is being smuggled into the country from India."Smuggling is ten times higher than

that of formal import," he said."The government should impose at least 30 per cent duty on rice importand also combat smuggling," he said. Agricultural economist Golam Hafiz Kennedy said the foodminister's declaration should be made effective within a week so as to help the farmers get somereturns.He said due to a flood this year, production might decline slightly or might be static this season."So, farmers should be encouraged to raise production in the Boro season," he said."To encouragefarmers, there is no alternative but to ensure good price," he said.

However, Aman harvest has been going on in full swing across the country. According to the Departmentof Agriculture Extension (DAE), 30 per cent harvest was completed until November 17. Our field reportis showing that per hectare yield has increased, Dr Md Abduhu, deputy director, monitoring wing underthe DAE, said. "But overall acreage under Aman farming has dropped by nearly 40,000 hectares this

season than that of the last due to a three and half months long flood from July to October," he said.Thegovernment has set a target to grow 13.35 million tonnes of rice from 5.6 million hectares in the currentAman season, he said.Rice production in Aman season was a record 13.2 million tonnes in FY'15.Amanis the second largest crop which constitutes 38 per cent of the overall rice production in the country.

[email protected]

http://www.thefinancialexpress-bd.com/2015/11/20/118993





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Indonesia's Rice Production Expected to Fall After PlantingDelay

Jakarta. Rice production is expected to fall next year as planting is

delayed due to a prolonged dry season this year, a farmersassociation representative said on Friday.Prolonged droughtconditions induced by the El Nino weather phenomenon hasdestroyed some harvests across the archipelago, prompting theCentral Statistics Agency (BPS) to cut the expected rice production

by 560,000 tons to 74.99 million tons this year. ―Next year theharvest is likely lower than in 2015, as delays in planting will disrupt harvest,‖ sai Dwi AndreasSantosa, chairman of Indonesian Farmer Seed Bank Association (AB2TI).

The association assists thousands of smallholding farmers by providing seeds and improvingagriculture techniques and practices.A majority of association members — 62 percent — will

only begin planting in December, two months behind the standard schedule, Dwi Andreassaid.Around 23 percent of AB2TI members will plant this month, while just 15 percent were ableto begin planting rice in October thanks largely to irrigation systems, he said.The government isimporting 1.5 million tons of rice from Thailand and Vietnam by the end of the year inanticipation of a shortage.Vice President Jusuf Kalla earlier this month suggested it wasunlikely Indonesia will need to import rice in 2016 , as he expects an end to the droughtconditions.

http://jakartaglobe.beritasatu.com/business/indonesias-rice-production-expected-fall-planting-delay/

Thai Rice En Route to Indonesia, More From Vietnam toComeJakarta. Indonesia's procurement body Bulog expects to see 500,000 tons of rice from Thailand enteringthe archipelago next month, an agency official said on Thursday.The shipment is part of the government's

plan to import 1.5 million tons of rice from its Southeast Asian neighbor and Vietnam, in a move toanticipate a shortage of the food staple following an extended dry season brought on by El Nino,





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culinary skills and creativity, using high quality U.S. food products.Finatrade and Sucatrade, both localGhanaian importers of U.S. rice and poultry, donated food products for the cook-off.This week's eventcoincides with the end of a six-month advertising campaign in major cities that was a focal point of theGBI. The campaign includes large format billboards and radio advertising to raise awareness of the U.S.commodities.

Contact: Eszter Somogyi 011-49-40-4503-8667

CORRECTED -Thailand to start sale of 2 mln T of spoiled ricethis month

Fri Nov 20, 2015 4:20am GMT

(Corrects 9th paragraph in story published Monday to say sales worth 52 billion baht ($1.5 billion), not 5.2 billion baht ($145 million).Nov 16 Thailand's military government will beginauctioning 2 million tonnes of rotten rice by the end of this month, looking to offload stockpilesof the staple grain built up under a previous support scheme for farmers.Thailand, the world'ssecond biggest rice exporter after India, is holding about 13 million tonnes of rice bought athigher-than-market prices to help farmers, a scheme that cost the previous government billions ofdollars.Some 2 million tonnes of the stored rice that has been judged unfit for human or animalconsumption is to be auctioned away for such industrial uses as producing ethanol."Within thisweek the foreign trade department at the ministry will announce the terms for selling the ruinedrice," said Chutima Bunyapraphasara, the commerce ministry's permanent secretary.

It will be the first time rotten rice has been sold from Thailand's stockpiles strictly for industrialuses.Of the 13 million tonnes of rice Thailand still holds in its state warehouses, around half, or 6million tonnes, is "below-standard or rotten", said a commerce ministry statement.The commerceministry plans to start this month's auction in lots of between 1,000 and 6,000 tonnes, Chutimatold reporters, with interested buyers able to inspect the stocks and submit their bids by the endof the month.Analysts have said the rotten rice would be sold for far less than edible stocks.SinceThailand's military government took power in 2014, it has auctioned off 5 million tonnes of ricethrough several tenders, with sales worth about 52 billion baht ($1.5 billion), the commerceministry said.Thailand accounts for about a quarter of the global rice trade and so far this year has exportedaround 8 million tonnes, earning the country around 127 billion baht ($3.5 billion).Thailand'sgoal to export 10 million tonnes of rice this year to regain its crown as top exporter will likelynot be met, said the commerce ministry.India was the top rice exporter in 2014, eclipsingThailand after its multi-billion dollar subsidy scheme led to a massive build-up of rice instorage.($1 = 35.98 baht) (Reporting by Panarat Thepgumpanat and Patpicha Tanakasempipat;Writing by Amy Sawitta Lefevre; Editing by Tom Hogue)http://uk.reuters.com/article/2015/11/20/thailand-rice-idUKL3N13B2VJ20151120

Nigeria hopes to reach rice mill deal with China by year -end





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By

Staff Writer November 21, 2015

ABUJA, (Reuters) – Nigeria hopes to reach a deal with China within weeks to set up 40 ricemills, its new agriculture minister said, as part of plans to eliminate the need for any imports ofthe grain within two years.Audu Ogbeh said in his first interview since taking office last weekthat Africa’s top oil exporter wants to boost production of tomatoes, soy beans, nuts and planttwo million cocoa trees to reduce an annual food import bill of $20 billion and create jobs for itsimpoverished youth.President Muhammadu Buhari, who took office in May on a campaign tousher in a new era for a country hit by corruption and mismanagement, wants to boost theagricultural sector and end reliance on oil exports after a plunge in crude prices.That will be anuphill challenge as pot-holed roads hamper the transport of goods. Nigeria has tens of millions offarmers but the vast majority of them work on a subsistence basis and live on less than $2 a day

http://www.stabroeknews.com/2015/news/world/11/21/nigeria-hopes-to-reach-rice-mill-deal-with-china-by-year-end/#utm_source=rss&utm_medium=rss&utm_campaign=nigeria-hopes-to-reach-rice-mill-deal-with-china-by-year-end

Mekong rice straw to go to Japan

Rice straw drying in Dien Lam Commune, central Nghe An Province's Dien Chau District. Ricestraw will be exported to Japan as animal feed. — VNA/VNS Photo Lan Xuan

HCM CITY (VNS) — Rice straw, which isusually burnt by CuuLong (Mekong) farmersat rice fields after harvest,will be exported to Japanas animal feed, accordingto Song Hau State Farmin the Mekong City ofCan Tho.At a meeting onWednesday , the

management board ofSong Hau State Farmnegotiated withrepresentatives of Japan

Beef Import/Export Association (JBIX) on a project to process rice straw from the Mekong Deltafor export to Japan where the material will be used as animal feed.A representative of JBIX saidJapan needs sources of clean feed for its husbandry industry, especially for its herd of 4.3 millioncows. The demand includes 220,000 tonnes of processed rice straw per year.





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Under the project, JBIX will provide capital and equipment to its Vietnamese counterpart, and atthe same time send Japanese experts to Song Hau Farm to provide technical know-how and stafftraining.Nguyen Thanh Phu, director of Song Hau State Farm, said if the project goes smoothly,the first shipments of processed rice straw from the Mekong Delta would be exported toJapan.The project is expected not only to better benefit Mekong farmers but also help reduce

pollution caused by straw burnt after the harvest. — VNS

http://vietnamnews.vn/economy/278776/mekong-rice-straw-to-go-to-japan.html

Is El Niño the Solution to California's Drought? Thursday, November 19, 2015, by Megan Barber

[Houseboats sit in the drought lowered waters of Oroville Lake, near Oroville, Calif. in this Oct.30, 2014 file photo. AP / Rich Pedroncelli

For the past four years, skiers and snowboarders have suffered through one of theworst droughts in the history of California. Last year, the Tahoe snowpack on April 1 was so

bad, Governor Jerry Brown ordered the state's first-ever mandatory statewide waterrestrictions. This fall, however, the snowpack is measuring well above average andmore storms are on the horizon. And although the strongest effects of El Niño likely won't be feltuntil mid-December at the earliest , everyone is wondering: will this year's record-breaking El

Niño rescue California from its epic drought?

At this point,there's not just

the potential for astrong El Niño thiswinter, it's pretty

mucha guarantee . The

National Oceanicand Atmosphere

Association(NOAA) notes that "El Niño-related impacts have been occurring around the globefor months already" and in the United States these impacts will be strongest from Decemberthrough March. That's not to say we haven't already seen the influence of warmer surface waters

in the equatorial Pacific, it's just that the strongest effects are yet to be seen.Because El Niño tends to create wetter and cooler than average conditions across the southern portions of theUnited States, and warmer and drier conditions across the northern regions, Californians are

bracing for what could be an epic winter of rain. But it's important to note that even a wet winterwould be, as NOAA put it , "very unlikely to eradicate 4 years of drought."Even with

November's precipitation, most of California is still in an exceptional drought. The mostrecent U.S. Drought Monitor map , released November 19, provides a good picture of just howsevere the state's drought remains.





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would also help replenish the state's snowpack.Drought-relief isn't going to happen overnight,even with an El Niño this strong.

The most likely scenario is that El Niño brings above average rainfall this winter, but thatthe drought remains intact through spring . The best hope is that this year's El Niño makes thedrought less extreme.

CME Group/Closing Rough Rice FuturesCME Group (Prelim): Closing Rough Rice Futures for November 20

Month Price Net Change

January 2016 $12.130 + $0.285

March 2016 $12.395 + $0.285

May 2016 $12.680 + $0.285

July 2016 $12.935 + $0.285





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September 2016 $12.635 + $0.285

November 2016 $12.635 + $0.285

January 2017 $12.635 + $0.285

U.S. Rice Impresses Chef at Food & Hotel Food Show in China

US Rice Impresses Chefs in China

Talking U.S. rice in China

SHANGHAI, CHINA - Last week, USA Rice participated in the Food and Hotel China 2015 international

exhibition here. The U.S. delegation, including John Valpey of American Commodity Company, KevinMcGilton of Riceland Foods, Ken La Grande and Steve Vargas of Sun Valley Rice Company, and DerekAlarcon of Farmers' Rice Cooperative, met with importers, distributors, and retailers. Two of the keymeetings were with COFCO (China National Cereals, Oils and Foodstuffs Corporation) and Wal-Mart.This was USA Rice's second consecutive year at the show and new for this year was a professional chef's

preparation of five different rice dishes for sampling using five different varieties of U.S. rice each day.The chef, Richard Ong Kahloo, formerly executive chef at the JC Mandarin Shanghai, and now a foodconsultant, gave high marks to U.S. varieties he was using.

"Calhikari, as steamed rice, keeps a long time without getting soft and is very good at absorbing thesauces from the meat and vegetables in the dish," Kahloo said. "I used Calrose in a seafood congee dishand liked that it gets sticky quickly. And finally, U.S. Jazzman long grain rice is now my favorite rice forcooking stir-fry. Normally cooked rice for stir-fry should be cooled down after it is cooked, but withJazzman, it can be used immediately." Participation at food shows has helped introduce U.S. rice to theChinese rice trade in advance of having a protocol agreement for the commercial importation of rice intothe country which has been in the works for years and is expected soon.

Contact: Bill Farmer (832) 302-6710

APEDA Commodity News

International Benchmark PricePrice on: 19-11-2015

Product Benchmark Indicators Name Price Apricots

1 Turkish No. 2 whole pitted, CIF UK (USD/t) 4875

2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4375

3 Turkish size 8, CIF UK (USD/t) 3625





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Raisins

1 Californian Thompson seedless raisins, CIF UK (GBP/t) 2422

2 South African Thompson seedless raisins, CIF UK (GBP/t) 2459

Sultanas

1 Australian 5 Crown, CIF UK (USD/t) 2940

2 South African Orange River, CIF UK (USD/t) 2610

3 Turkish No 9 standard, FOB Izmir (USD/t) 2125

Source:agra-net For more info

Market WatchCommodity-wise, Market-wise Daily Price on 19-11-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Jowar(Sorgham)

1 Siddhpur (Gujarat) Other 2300 3180

2 Gulbarga (Karnataka) Hybrid 1250 1545

3 Solapur (Maharashtra) Other 1925 3050

Maize

1 Hassan (Karnataka) Local 1000 1570

2 Pune (Maharashtra) Other 1575 1650

3 Dahod (Gujarat) Yellow 1430 1500

Mousambi

1 Sirhind (Punjab) Other 2000 3600

2 Jalore (Rajasthan) Other 2500 3000

3 Barara (Haryana) Other 2900 3100

Brinjal

1 Chala (Kerala) Other 2600 2653

2 Shillong (Meghalaya) Other 2400 2600

3 Sainthia (West Bengal) Other 820 930Source: agmarknet.nic.in For more info

Egg Rs per 100 No

Price on 19-11-2015

Product Market Center Price

1 Pune 390

2 Mysore 378

3 Nagapur 363

Source: e2necc.com

Other International Prices Unit Price : US$ per package

Price on 19-11-2015

Product Market Center Origin Variety Low High

Potatoes Package: 50 lb cartons

1 Atlanta Colorado Russet 17 17.75

2 Chicago Idaho Russet 14 16

3 Detroit Wisconsin Russet 15 15.50

Cucumbers Package: cartons film wrapped





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1 Atlanta Mexico Long Seedless 14 14

2 Dallas California Long Seedless 17 18.50

3 Miami Honduras Long Seedless 10 10

Grapefruit Package: cartons tray pack

1 Atlanta Virginia Red Delicious 27 28

2 Dallas Washington Red Delicious 24 243 New York Washington Red Delicious 25 28

Source:USDA

Arkansas Farm Bureau Daily Commodity Report

Rice High Low

Long Grain Cash Bids - - - - - -Long Grain New Crop - - - - - -

Futures: High Low Last ChangeJan '16 1217.0 1176.0 1213.0 +28.5Mar '16 1240.5 1206.0 1239.5 +28.5May '16 1268.0 +28.5Jul '16 1293.5 +28.5

Sep '16 1263.5 +28.5Nov '16 1263.5 +28.5Jan '17 1263.5 +28.5

Rice CommentRice futures were posting sharp gains at mid-day. January will have resistance near $12.50 on a rebound, whileMarch has tough resistance at $12.75. Global ending stocks for 15/16 were raised by 3 percent (2.7 milliontons) due to an increase in beginning stocks and a decrease in consumption in the November report. Theaverage long-grain price is projected down $1.30 from last month to $11.50 to $12.50.

http://www.arfb.com/ag-markets-statistics/report/

20th november,2015 daily global,regional & local rice e-newsletter by riceplus magazine

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