20th November,2015 Daily Global,Regional & Local Rice E-Newsletter by Riceplus Magazine
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May 20 ,2015
Vol 5,Issue V
Govt not planning to stop ST15 rice subsidy programme
Published on: Wednesday, May 20, 2015
Kuala Lumpur: The government is not planning to stop the ST15 rice subsidy programme yet
so as to protect the interest of various parties, including 15,000 grocers nationwide.Deputy
Agriculture and Agro-based Industry Minister Datuk Seri Tajuddin Abdul Rahman said the
ministry appreciated views and recommendations on the rice subsidy programme, but also took
into account the impact on related parties if the programme was stopped."Firstly 15,000 grocery
stores nationwide, secondly 2,400 wholesale workers, 865 rice wholesalers including 607
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Bumiputera small traders, 43 Bumiputera rice millers and 35,000 farmers who receive direct
supply of ST15 under the 20kg quota per month," he said. Gooi asked whether the government
would review the subsidy programme following recommendation from the Public Accounts
Committee (PAC) to suspend the subsidy programme for failing to benefit the poor.
Tajuddin said the ministry, however, would continue to monitor and scrutinise the programme
from time to time through the establishment of the Paddy and Rice Industries Affairs Main
Committee, which comprise the ministry's permanent representatives, its agencies and Farmers'
Organisation Authority. "The committee is responsible to consider the ST15 rice quota to
wholesalers. A technical committee will also be set up to inspect and evaluate the wholesalers
from time to time," he said.On alleged distribution leakages, Tajuddin said 60,000 tonnes of
ST15 rice produced would be distributed to wholesalers for onward distribution to retailers
nationwide, every month.
"We don't think there are leakages because the wholesalers cannot keep the rice, if 60,000 tonnes
for a month, how much for two or three months? They will not want to keep such a big amount
of rice," he said.Tajuddin said that if any elected representatives had evidence of fraud in the sale
of ST15, they can directly lodge a complaint to the ministry or the Malaysian Anti-Corruption
Commission (MACC).However, Tajuddin admitted that there were some weaknesses in the
delivery system, especially in Sabah and Sarawak, with limited access problem to rural areas as
well as the lack of personnel to carry out enforcement and monitoring activities.In addressing the
smuggling problem of ST15 rice to neighboring countries, especially Indonesia, Tajuddin has
asked leaders at the grassroots to play a proactive role to assist the ministry to curb such
problems. - Bernama
http://www.dailyexpress.com.my/news.cfm?NewsID=99909
Access to finance limits export potential for millers Wed, 20 May 2015
Ananth Baliga
Cambodian rice exports have grown year-on-year since 2009 but have fallen well short of
reaching the government‟s 1 million tonne annual target, with experts saying that limited access
to finance, warehousing and logistical support are holding back the potential of rice
millers.According to the Economic and Social Survey of Asia and the Pacific 2015, published by
the UN Economic and Social Commission for Asia and the Pacific (UNESCAP), despite the 3
million tonnes of paddy available for processing in Cambodia, it will not reach the 1 million
tonnes export mark in 2015 and will need to invest in scaling up milling capacity and irrigation
facilities.David Van, adviser to the Cambodia Rice Federation, said that while government
figures for paddy production are probably inflated, the issue wasn‟t the sector‟s capacity to mill
this paddy, but rather access to finance.
“Big impediment is not in milling capacity but in working capital of millers and exporters to buy
paddy and compete with mainly Vietnamese brokers with deep pockets and plenty of cash
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provided by the Vietnamese government,” Van said.The problem stems from millers and
exporters‟ ability to get finance, Van said, with the government and donor partners failing to
address the issue for years, though there was some assistance from the private sector.“Now we‟re
seeing more commercial banks, like ANZ Royal and Acleda, focusing on establishing some
„paddy banks‟, trying to team up with millers using a warehousing receipt concept - to use paddy
as collateral,” Van added.
While there is some access to financing, it was more difficult to attain when compared to
neighbouring Vietnam and Thailand, who are aided by local subsidies to buy paddy from
Cambodia, said Kunthy Kann, CEO of rice miller Brico.“Vietnam and Thailand have
government subsidies or warehouse facilities to buy during the season, so whatever is left after
buying by local [Cambodian] millers goes to these countries,” Kann said.He added that the lack
of financing and warehousing make it difficult for local millers to stock up all the rice available
in November or December, given that Cambodia has only one harvest window.While the sector
currently has the potential to produce 1.5 million tonnes of exportable rice, the mills are working
at only 30 to 40 per cent average capacity a year due to low stockpiles, Kann said.
“Each miller has to have a lot of working capital to buy the paddy and have a huge warehouse
facility, because the harvest is about eight weeks. This means you have to be able to collect as
much as you can,” he added.Kann said that logistical costs, like using road transport instead of
railways, to get rice to the ports was an additional cost that takes away from their limited capital
spending.Charles Vann, executive vice president at Canadia Bank, said that private banks have
been supporting rice exporters and millers with financing and collateral management, adding that
the onus was on the borrower to meet bank criteria for loans.
“If they do not [have] access, or not have enough [access], it means that they are not qualified to
[meet] the criteria. The rice miller needs to meet the banks criteria to qualify for a credit line,”
Vann said.He said that it is helpful where the government can provide assistance, but for the
private sector, when financing of the rice industry, collateral options would have to be a decision
made by each individual bank.Cambodia‟s rice exports in 2014 was a record-breaking 387,000
tonnes, but was still more than 60 per cent short of its intended 1 million mark.
Contact author: Ananth Baliga
http://www.phnompenhpost.com/business/access-finance-limits-export-potential-millers
Cuts in California rice open doors for competitors
Issue Date: May 20, 2015
By Ching Lee
Once again, California rice farmers are planting less rice due to water
restrictions, while Southern rice-growing states are expanding their production
of medium-grain rice, taking some of California‟s markets in the process.
Photo/Christine Souza
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With California farmers not planting as
much rice due to water restrictions,
Southern rice-growing states are jumping
in to fill the gap by expanding their
production and taking some of the Golden
State's markets in the process."You'd think
with the drought and the reduced acres
that things would be good, but the
business went elsewhere," said Charley
Mathews Jr., a rice grower in Yuba
County.Although Southern states such as
Arkansas and Louisiana typically grow
long-grain rice and very little of the
medium-grain rice that is the dominant
variety in California, Southern growers are devoting more acreage to medium grain in
expectation of tighter supplies from California, said Nathan Childs, an economist at the U.S.
Department of Agriculture. Higher returns for medium grain also have made it a more attractive
choice for Southern growers, he added."Long-grain prices really went down last year, and so if
you're a grower in the South, you look to soybeans or medium-grain rice," Mathews said, adding
that newer rice varieties have allowed Southern growers to incrementally increase their medium-
grain production.Southern medium-grain acreage more than doubled last year to 301,000,
according to USDA, while California's total rice acreage fell 30 percent—from 567,000 in 2013
to 434,000 in 2014. Total U.S. medium-grain acreage rose 6 percent last year.
More medium-grain rice will be planted in the South again this year, as water restrictions force
California farmers to decrease their plantings even further. Initial estimates from USDA indicate
Southern growers intend to plant 311,000 acres of medium grain, while California farmers will
grow 375,000 acres of medium grain and 408,000 acres of all rice varieties, a 6 percent reduction
from 2014.California Rice Commission spokesman Jim Morris noted that the 2015 USDA
estimates were made before the state's water allocations were finalized—and that California's
total rice acreage will likely be lower.
While reduced plantings have had a significant impact on local communities and businesses that
depend on rice farming, Mark Kimmelshue, general manager and CEO of Associated Rice
Marketing Cooperative in Butte County, said those reductions "probably aren't going to have a
huge effect on the world market and the price of rice."He said not only has production in other
states offset the reductions in California, but the price of California rice has been relatively high
compared to other rice sources in the world. He noted that Southern medium-grain rough rice
(before it is milled) is now selling for $14 to $15 a hundredweight, while California medium-
grain rough is $21 cwt."We haven't sold as much rice as we had in previous years," he said.
"That means there's going to be more rice carried in from the 2014 crop into the 2015-16
marketing year than there has been in the past.
"Kimmelshue said while the state normally ships rice to Turkey, the country has not bought any
rice from California this year; all shipments have come from the South. Likewise, Taiwan, which
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has been a big market for California rice, has been buying more Southern rice.Asian markets
such as Japan, South Korea and Taiwan typically prefer the quality of California rice, but those
are limited markets, Kimmelshue said, and right now there's much more rice in California than
those markets could absorb.
Turkey, Israel, Jordan and Saudi Arabia historically have been big customers of California rice
when prices were lower, but they've been turning to the Southern states' less-expensive product,
he added.Mathews said the strength of the dollar has not helped, and political turmoil in the
Middle East has affected sales to Libya and Syria, two of the state's biggest customers a few
years ago. Turkey and Libya are two of the largest buyers of U.S. medium- and short-grain rough
rice, whereas Japan, South Korea and Taiwan typically take almost two-thirds of total U.S.
medium- and short-grain exports, USDA economist Childs said.Disruption at West Coast ports
due to a nine-month-long labor dispute between shippers and dockworkers, which heightened
last winter, also contributed to the state's increased rice stocks, Childs said.Winter is usually peak
export season for rice, Mathews said, and the port slowdown affected the state's ability to ship
rice to its Middle Eastern customers, who turned to Australia, a major competitor.
Rice production from Down Under had dropped off significantly during Australia's drought
several years ago, but in recent years, it has made a huge comeback, Kimmelshue said. Australia
not only competes with California in Middle Eastern markets but in key Asian markets of Japan,
Korea and Taiwan, he added.One competitor the state doesn't have to worry much about is
Egypt, once a major supplier of medium-grain rice. In recent years, the Egyptian government has
been restricting rice exports in favor of keeping most of its supply for domestic
consumption.Mathews said California is now catching up on its export backlog from the port
slowdown, which ended in late February. He noted this summer will be a busy export season for
California rice because Japan, which usually imports rice in the winter, has shifted its purchases
to the summer due to the earlier disruptions at the ports."So we'll be able to move our crop, but
it's just very delayed," he said.
Kimmelshue said he expects the price of rice will remain at current levels for the rest of the
2014-15 marketing year and into the 2015 crop. If the state receives plenty of rain this winter,
prices could drop, because California farmers would plant more rice, increasing supplies. But if
the drought continues and state rice acreage continues to fall, prices could start moving up
again.Mathews said regardless of what happens in the market, his planting decisions remain the
same every year because his land is not suited to growing anything but rice. Plus, his water
supply is in "pretty good shape," he noted, and he has access to groundwater in some of his
fields."The summertime is when things are going to get dicey, because that's when reservoirs get
down to the bottom," he said. "What you don't ever want to see is somebody's crop getting shut
off in the middle of summer. I've never seen it before, and we just hope it doesn't happen."(Ching
Lee is an assistant editor of Ag Alert. She may be contacted at [email protected].) Permission for use is granted, however, credit must be made to the California Farm Bureau Federation when reprinting
this item.
http://agalert.com/story/?id=8301&utm_source=USA+Rice+Daily%2C+May+19%2C+2015&utm_camp
aign=Friday%2C+December+13%2C+2013&utm_medium=email
Amru nearing organic rice deal with the US Wed, 20 May 2015
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May Kunmakara
Local rice exporter Amru Rice is close to signing an agreement with an American importer to
bring Cambodian organic rice to the American market, according to the rice exporter‟s chief
executive.Amru Rice CEO Song Saran told the Post yesterday that after analysing the US
market, his company had decided to tap into the potentially vast source of customers.“We
observed that more Americans are consuming organic, chemical-free rice, so that‟s why we‟re
trying to promote our rice there and obtain a larger market share,” he said.“We are preparing to
sign an agreement with an importer to promote our brand of organic rice to the retail market and
reach real consumers.
”However, Saran declined to reveal the name of the American company he was dealing with due
to ongoing talks.He said that plans would be finalised in June with Cambodian rice hitting the
shelves in September.Amru has already tested the market by exporting a small amount of
unbranded organic rice. “Before we just sold some unpackaged organic rice, so the consumers
didn‟t know it was made in Cambodia. Now, we want to promote our brand,” said Saran.David
Van, senior adviser to the Cambodia Rice Federation, said there was potential for the country‟s
organic rice in the US.“Amru has been working on exploring this market since last year, not only
recently,” he said.
“They‟re already exporting Preah Vihear organic jasmine [rice] to the US, drawing better
margins than others who export regular jasmine [rice],” he explained.In September last year,
Amru Rice signed a deal with eight farmer cooperatives in Preah Vihear province to purchase
2,500 tonnes of organic fragrant paddy rice.Fong Ngai, director of the Hong Kong Trade Office
in Singapore, said Cambodian rice was known to be of good quality compared to
others.“Cambodian organic rice is really good, as Hong Kong‟s consumers prefer organic
products. However, the price is a bit higher than [rice from] Thailand.”Cambodia‟s primary
organic rice exporter, the Cambodian Center for Study and Development in Agriculture, known
as CEDAC, shipped 540 tonnes of fragrant organic rice to international markets last year, an
increase 20 per cent compared to 2013. The rice exporter is aiming to export 1,000 tonnes in
2015.
http://www.phnompenhpost.com/business/amru-nearing-organic-rice-deal-us
Indonesia moves ahead with rice fields in Papua
Updated at 9:57 am on 20 May 2015
Indonesia's state-owned fertilizer maker Pupuk Indonesia is to raise $US 534-million to clear and
develop 750,000 million hectares of rice fields in Papua.The Jakarta Globe reports this is part of
President Joko Widodo's programme to establish a million hectares of rice, sugar cane, soybean,
corn, and oil palm-growing area - dubbed the Merauke Integrated Food and Energy Estate - in
Papua by 2017.An official with Indonesia's Agriculture Ministry, Haryono, says Pupuk
Indonesia is still discussing how to fund the investment.
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Private companies will be
responsible for developing
the remaining 250,000
hectares.Haryono says the
project still had to resolve
land acquisition issues, with
the majority of the land being
communally owned.He says
a plus is that Merauke's land
is flat and has irrigation
systems left by the Dutch,
which only need a few
repairs.The government
targets to clear 250,000
hectares of land by the end of
this year.
Rice field, Photo: Supplied
http://www.radionz.co.nz/international/pacific-news/274108/indonesia-moves-ahead-with-rice-fields-in-
papua
PM okays $22mil. budget to preserve rice fields
Prime Minister Nguyen Tan
Dung has approved a budget
of 470 billion VND (about 22
million USD) to help
preserve and develop rice
fields in nine cities and
provinces across the
country.Northern Bac Ninh,
central Thanh Hoa, Da Nang,
Quang Ngai are among the
provinces earmarked for
attention, but most of the
funds will go to Mekong
Delta provinces such as Tay
Ninh, Vinh Long, Hau
Giang, Dong Thap and Kien
Giang.A Government study has revealed that rapid urbanisation and industrialisation as well as
infrastructure development have led to a decline in rice fields throughout Vietnam.Government
Decision 35/2015 will serve as a keystone policy to assist localities in preserving and developing
rice fields, ensuring the country's rice production capacity in the future.The decision stipulates
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that for each hectare of rice field in production, localities may receive up to 1 million VND (46.5
USD) on top of other on-effect subsidies provided by the State.
The decision also encouraged localities to convert other types of land into rice fields with
subsidies of up to 10 million VND (465 USD) for each hectare.The budget will also be used for
land enrichment, upgrading water irrigation systems and supporting local farmers to apply
scientific and technological advances in rice production.In addition, the decision required
localities and individuals to be committed to and legally responsible for the preservation of rice
fields and the environment. Reports on rice fields under local authority management will be
submitted to the Ministry of Agriculture and Rural Development (MARD) on an annual basis.A
recent report by the agricultural ministry said the country must maintain rice production levels at
39.8 million tonnes in 2020 and 40.5 million tonnes in 2030 to ensure national food security.The
task of preserving rice fields is of great importance as Vietnam is among the list of countries
most affected by climate change. Up to 70 percent of its rice fields will be adversely affected by
rising sea-level by the end of the century. VNA
Tags:PM okays $22mil. budget to preserve rice fields,
http://english.vietnamnet.vn/fms/society/131064/pm-okays--22mil--budget-to-preserve-rice-fields.html
Need to rethink our rice industry
It comes to mind that we need to end the subsidies on foods, even rice. Or in the case of what was
recently raised by the Malay Economic Action Council (MTEM), especially rice. And it was an eye
opener to get their data on issues plaguing our farmers.For one, it was calculated that the seasonal
revenue for padi farmers in Sanglang is a mere RM4,773 for 1.4 hectares. Meanwhile, seasonal costs
are calculated at RM3,027, thus leaving a mere RM1,004.84 for the farmers to take home to their
families.It doesn‟t sound so bad to have a thousand bucks, right? Wrong.That figure is for an entire
season, which is four months long.
This means that the farmer gets an average monthly income of a mere RM250.The rice industry for
Malaysia is huge, it is a RM7 billion industry. But put that together with what the farmer is earning?
Well, you don‟t have to be a rocket scientist to see something is wrong somewhere.Today, the
farming industry in Malaysia, particularly rice, is a dying one. There are only 13 percent padi
farming families in this nation of 30 million, with an average age of 60 years old.If you thought the
farmers have it bad, the next step in the supply chain has it equally bad.With 95 percent of the
farmers being Malays, they formed the Malay Rice Factory Association of Malaysia to set up their
own factories.From boasting 110 factories before, there are now only 35 left.With all this in mind, let
us consider what the government is targeting for the padi farmers by 2020.Among other points, this
government is targeting the opening of 400,000 hectares of new land for padi farming.
Through the Economic Transformation Programme, the Malaysian government is also targeting self-
sufficient production, 85 percent local production by 2020.That figure currently stands at 57
percent.This is no longer a case where you can provide more subsidies to farmers in order to bolster
their income. There needs to be total reform and further study into making their incomes more
attractive.
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Shrinking rice bowl
Thus, when people say
that subsidies distort
the market, here we
are. Subsidies on rice,
yet very little
intervention down the
supply chain from
farm to fork, has
caused and will
definitely cause our so-
called rice bowl to
grow ever smaller to
the point of
insignificance.And that
is why we need to
reconsider whether
subsidising rice is truly the best move. Farmers used to be able to sustain a household in the past, but
this is no longer valid as we have seen above.So, should we reconsider paying a fair price for rice to
allow the industry to become more attractive for a future generation of padi entrepreneurs?
Or, will we be just content on increasing our import of rice to cater to local demand without a care
about food security?
This, I believe, is dependent on the government‟s next Malaysia Plan which will plot out the next
five years.Perfect timing, since the average padi farmer will be at the age of retirement by 2020.
https://www.malaysiakini.com/letters/298980
DITP hoping global rice traders will have more confidence
in Thai rice BY EDITOR ON 2015-05-20 THAILAND
DITP hoping global rice traders will have more confidence in Thai rice
BANGKOK, 20 May 2015 (NNT)-The Department of International Trade Promotion (DITP) has
expressed its confidence that the 7th Thailand Rice Convention 2015 will raise foreign
importers‟ confidence in the quality of Thai rice.According to DITP Deputy Director General
Banjongjit Angsusing, this year‟s convention, now underway, is held under the theme „Think of
Rice, Think of Thai Rice‟.Its objective is to reiterate to rice importers that Thailand is still the
world‟s leading rice exporter and a global rice hub. Participants of this event have been informed
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about the environmentally-friendly methods used in producing rice grains.The 7th convention
has also been held in honor of Her Royal Highness Princess Maha Chakri Sirindhorn‟s 60th
birthday anniversary. More than 50 rice traders from various nations attend the convention,
which will come to an end tomorrow, the Deputy Director General said.
Liberia: Japanese Gov't Donates 8,060 Metric Tons of Rice
to Liberia
Tagged:Aid and Assistance,Asia, Australia, and Africa,Business,Commodities,External Relations,
Liberia,West Africa
By Bettie Johnson
Monrovia — The Japanese Government has handed over eight thousand Sixty Metric tons of
assorted rice to the Government of Liberia. The donation brought together several Liberian
officials, including Agriculture Minister Dr. Florence Chenoweth, Commerce Minister Axel
Addy, representatives of rice importers, Japan's Ambassador and other dignitaries.Speaking at
the Program, Agriculture Minister Dr. Chenoweth said the impact of the program supports the
whole cycle of rice production in Liberia.
"Though Ebola took away almost everything, but the full cycle of support from the Japanese
Government must be commended; the varieties are many and a selection of varieties has been
made by the Agriculture Ministry and your program supports the foundation seed and sacrifice
seed for all of the varieties. Most of our farmers in Liberia are illiterate and they know the means
of the varieties, they tell you which type of seed they want," the Agriculture Minister
said.Commerce Minister Addy commended the Japanese Government for their support to the
Liberian economy. He disclosed that the rice donation is not the first as the other donations have
led to the construction of bridges; projects and warehouses among others. Minister Addy also
pleaded with consumers to swiftly purchase the rice, which he said will help finance other
projects that will empower local farmers in the country.
Monsoon enters Sri Lanka; Kerala coast next on the list
THIRUVANANTHAPURAM, MAY 20:
Establishment of monsoon conditions over Sri Lanka was the positive signal on a day when the
India Met Department suffered a setback over both the seas around the South.Winds over
Arabian Sea suddenly reversed direction to being north-westerly (atypical of monsoon) while the
watch for a „low‟ in the Bay has had to be withdrawn.
Bay arm lags
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Monsoon establishing over Sri Lanka is the most significant news after its onset over the
Andaman and Nicobar islands in Indian territorial waters on Saturday last. But it has not been
able to make any significant progress since. The Met merely hoped that it would cover more
areas in the Bay of Bengal over the next two days.It had mentioned about the prospects of a low-
pressure area developing in the Bay which could have revved up the Bay arm of the monsoon.
This outlook has been withdrawn on Wednesday.The onset of monsoon over Kerala normally
happens within a few days of that over Sri Lanka, and 10-12 days after Andaman and Nicobar
Islands.
No MJO support Meanwhile, the Australian Bureau of Meteorology said it did not find support coming from the
upper levels of the atmosphere for onset of monsoon along the Kerala coast.It was referring to
the periodical Madden-Julian Oscillation (MJO) wave that travels periodically to the east across
the Indian Ocean. It boosts convection and cloudiness at the ground level. But the monsoon can
prevail even without MJO, provided the onset pulse packs the required strength and intensity to
drive on its own along the West Coast.
El Niño outlook Apart from triggering the onset of the monsoon, the MJO wave has also been responsible for
setting up low-pressure areas, depressions, and even storms.The Bureau did not see an MJO
moving over the Indian Ocean for at least the next two weeks. El Nino conditions in the tropical
Pacific region are likely to strengthen, says the Bureau, which closely tracks weather in the
region. Super typhoon Dolphin, which had helped drag in the monsoon faraway upstream over
the Bay of Bengal, may also be bolstering the case of El Nino by default, too.The net effect is
that moisture, storminess and cloudiness get driven away from Asia and the larger monsoon
region into equatorial and east Pacific (towards South America).
(This article was published on May 20, 2015)
Rice mills seek exemption from GST
The rice mill owners and paddy-rice dealers in the State have appealed to the Union Government
to exempt rice from Goods and Service Tax.This was one of the resolutions passed at a state-
level meeting of the Federation of Tamil Nadu Rice Mill Owners and Paddy-Rice Dealers
Associations held here on Tuesday.Since Tamil Nadu is deficit in paddy production and rice is a
major food in the State, the Government has not levied any tax on these so far.Rice millers and
farmers need additional power supply during the harvest season to dry the paddy and the low
tension power supply available to these units is inadequate.
The federation appealed to the State Government and to the Tamil Nadu Electricity Regulatory
Commission to pass the required orders for this.The mills would pay the charges fixed by the
commission for the additional supply.The paddy dealers and mill owners also appealed to the
State to remove the market cess levied on rice.The State has 277 agricultural markets.However,
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rice and paddy were procured by the dealers and mills directly from the farmers and also from
States such as Karnataka, West Bengal and Andhra Pradesh, they pointed out.
http://www.thehindu.com/news/cities/Coimbatore/rice-mills-seek-exemption-from-gst/article7229426.ece
Duty on rice pushes up paddy prices
Yasir Wardad
Duty on rice pushes up paddy prices
The prices of paddy increased by Tk140-150 per maund (37.32kgs) at farm level in last one
week following the levying of 10 per cent duty on rice import, a market survey reveals.But
farmers are reaping little benefit from the hike in prices. Big millers and traders, who have built
up rice stocks through procurement of the main staple from domestic and external sources, are
making the most of it.By the time the paddy prices have taken an upturn, most farmers in the
country are learnt to have sold out their new harvests.Market experts said more than 60 per cent
of farmers already had sold out their produce at much lower prices to millers and their allied
local wholesalers (pikers) or mid-level traders.
Paddy prices plunged to a three-year low this Boro season with the beginning of harvest from
mid-April when per-maund Brridhan-28 sold at only Tk450-500 while finer-variety Miniket sold
at Tk500-550 per maund, according to Department of Agricultural Marketing (DAM) data.The
DAM reckonings show the prices of different varieties of paddy have increased by Tk140-150
per maund (30-33 per cent rise) in last seven days. Costs of production of Brridhan-28 and 29
and Miniket were Tk750 to Tk800 per maund as per the calculation done by agriculture
ministry.The government is going to buy paddy at Tk880 per maund and rice at Tk1280 per
maund from May 30 from the farmers and millers, said food officials.Millers, traders and experts
claimed that uncontrolled import of rice from India was the key reason behind the fall in paddy
prices this Boro-harvesting season.
They had urged the government from the beginning of the year to withdraw zero duty on rice
import as lower-priced imported rice flooded the market.However, the private importers have
brought 1.417 million tonnes of rice until May 18, according to the food ministry
data.Meanwhile, imports declined to 2,500 tonnes per day during the period from April to May
18 from 4,600 tonnes a day in July-March period of the current financial year, according to the
data."As a consequence of huge imports, 60 per cent millers stopped their operation in
December-April period in the peak Aman-and Boro-milling seasons," said KM Layek Ali,
secretary of Bangladesh Auto Major and Husking Mills Owners Association (BAMHMOA).
He said Swarna variety's import cost was between Tk20 and 24 per kilogram when local milling
cost of the produce was Tk27 to 29 per kg.However, amid growing demand from farmers,
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millers, experts, the government finally slapped 10 per cent duty on rice import with effect from
May 11, according to the National Board of Revenue (NBR).The duty obligation pushed up
paddy prices dramatically.Md Shah Suja, a farmer in Ramnagar Union under Nilphamari sadar
upazila, said Brridhan-28 was selling at Tk1140-1160 per 75- kg sack (Tk600-620 per maund)
now against Tk850-900 per sack (Tk450-480 per maund) a week back.He said: "The price
started to increase when most of us had sold our products. Every farmer incurred a loss of
Tk2500-3000 per bigha (33 decimal) by cultivating paddy this season.
"He said local millers, paikers and traders are reaping huge benefits from the hike following the
market intervention.Economist and rice-market expert Dr Mahabub Hossain told the FE that the
government policymakers should have analysed the matter much earlier when the number of LCs
increased significantly for rice import.He said if the duty obligation came earlier, it could benefit
most of the farmers."But, many of the farmers who are in the harvesting process will get some
benefit from recent price rises. If the paddy price increased to Tk650-700 per maund, the farmers
at least could get back their investment," he said. "Many farmers go for Boro farming much later.
We now term it Braush (Boro+Aus). The Braush cultivators will reap benefits," he said.Dr
Hossain also said, "Without ensuring profits for farmers, we cannot increase our production at
level necessary to ensure food security of the country.
Farm-economist Prof Gazi M Jalil said 60 per cent of the farmers have already sold their crop as
they needed money for the jute and Aman cultivation and also for paying back their debts.Prof
Jalil, who teaches agriculture economics at Sher-e-Bangla Agricultural University, said the
government should enact a time-befitting rice import and export policy to protect the interests of
the country's people."Government should consider rice always a strategic crop, which could help
it in framing a farmer-friendly import policy.
"However, rice (milled) prices were static marinating lower prices at mill-gate for last two
weeks, BAMHMOA secretary KM Layek Ali said.The government allowed substantial rice
import when local farmers gifted the country with record production, according to the
government data.Bangladesh Bureau of Statistics data reveal that rice production was a record
34.465 million tonnes in the fiscal year 2013-14 while output of Aman and Aus crops accounted
for record 13.2 million tonnes and 2.328 million tonnes respectively in the current financial
year.Meanwhile, the production may surpass19.0 million tonnes in the current Boro season as
per the prediction of the Department of Agriculture Extension.
http://www.thefinancialexpress-bd.com/2015/05/21/93502
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15
Scientists prove a plant point
Our Special Correspondent
New Delhi, May 19: Government scientists have asserted that India has provided tens of
thousands of samples of key foodcrops to global gene repositories, refuting allegations by
sections of foreign researchers that India has been reluctant to share its plant resources.The
scientists with the Indian Council of Agricultural Research (ICAR) have said India ranks first in
the list of contributors of plant germplasm in 11 gene banks maintained by the Consultative
Group (CG) of International Agricultural Centres held "in-trust" for the global community.India
has over the past three decades submitted over 66,800 plant germplasm varieties - or 9.2 per cent
- to more than 720,600 accessions maintained by the network of CG repositories, emerging at the
top of its list of contributors, the ICAR scientists said in a report that analysed the flow of plant
varieties from India.
Crop scientists view such transfer of key plant material as critical for crop breeding and
improvement programmes aimed at food security."This analysis should dispel notions that India
hasn't been sharing its plant resources," said Rishi Kumar Tyagi, a principal scientist at the
ICAR's National Bureau of Plant Genetic Resources, New Delhi, who led the study of plant germ
flow from India over the past four decades.Plant gene repositories in the US, Russia, Taiwan,
Germany and the UK also have several thousands of accessions of Indian origin. At a gene bank
maintained by the US department of agriculture, over 22,000 among its total of more than
625,000 accessions are of Indian origin.
Crop researchers based in Europe had two years ago raised concerns that access to Indian plant
germplasm was limited. Scientists from Norway had pointed out that the world's largest global
seed vault maintained by Norway in Svalbard had very few samples from India.Tyagi and his
colleagues have challenged that claim.The Svalbard gene vault has over 824,000 germplasm
accessions from over 60 gene banks, among which over 66,000 accessions - or over 8 per cent -
deposited by 24 gene banks are of Indian origin, the ICAR scientists said in their analysis just
published in the journal PLOS One.Although India has directly submitted only 25 samples to
Svalbard, over 66,000 samples are of Indian origin, having been deposited there by the CG crop
research centres or by other national gene banks.
The International Rice Research Institute in Manila, Philippines, has deposited its entire rice
germplasm collection of 116,600 at Svalbard, among which over 16,220 accessions belonging to
18 species of rice have their origin in India, the ICAR scientists wrote in their report.The ICAR
scientists have listed 16 crops, including rice, wheat, maize, chickpea, eggplant, groundnut and
pigeon pea, among others, that have been deposited by India into gene repositories across the
world. Among over 2,800,000 samples held by 446 organisations worldwide, 106,000 are from
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India."India is also a big beneficiary of such germplasm exchange," said Kailash Bansal, head of
the National Bureau of Plant Genetic Resources, who was not involved in the analysis.
"One recent example is kiwifruit - it's import of germplasm that brought kiwifruit to India," he
said.Crop scientists also point out that several varieties of foodcrops, including vegetables,
currently cultivated across the country owe their origin to foreign germplasm.The analysis has
revealed that the flow of plant germplasm from India has indeed slowed down over the past
decade owing to national biodiversity laws that India enacted in 2002. The national biodiversity
regulations lay down strict rules on the transfer of plant genetic material from India.From the
mid-1970s through the early 1990s, India used to supply more than 4,000 germplasm samples
each year. But over the past five years, the number has been less than 1,000 per year."Over the
past decade, the number of requests India has received for germplasm has also declined," Tyagi
said. http://www.telegraphindia.com/1150520/jsp/nation/story_21087.jsp#.VV2yoflViko
Jute packaging by rice mills made mandatory in Bengal
By Ritwik Mukherjee May 20 2015
Tags: Knowledge
The Rs 8,000 crore plus jute industry in West Bengal, which has been passing through a demand
crisis and closure of mills, may get a new lease of life with Mamata Banerjee government
deciding that rice mills in the state will now have to pack at least 70 per cent of their total
production in new jute bags. There are more than 1,200 rice mills in the state.Jute mills from
West Bengal will be given requisitions by the jute commissioner and accordingly jute bags for
packaging of rice will be supplied to rice mills.In addition, a comprehensive list of rice mills in
respective districts will be provided to the jute commissioner by the department of food and
supplies to track the entire process of procurement.
The decision was taken on Wednesday at a meeting between the group of ministers and a
delegation from the Indian Jute Mills Association (IJMA).It was also decided that a 5-member
committee comprising senior officials from the departments of finance and commerce, food and
supplies, agriculture and labour will be set up. The committee will coordinate with the jute
commissioner in future. The committee will have its first meeting on May 25 to work out the
modalities.West Bengal houses 64 of the total 84 jute mills in the country. According to industry
officials, jute mills in West Bengal till recently had been running at only 60 per cent of their
capacity rendering a large number of workers jobless. There had also been a production cut of
30-40 per cent few months ago, thanks to lack of orders.“The meeting with the state government-
appointed group of ministers was positive from the perspective of the jute industry in West
Bengal.
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“The decision taken during the meeting to ensure that rice mills purchase new jute bags for
packing of levy rice is positive and encouraging. We are optimistic about the support and
guidance provided during the extensive meeting with ministers and hope that the rich legacy of
the jute industry will be taken into consideration while adopting a policy direction to revive the
industry,” IJMA deputy chairman Ashutosh Bhagat told Financial Chronicle.Under the present
system, the state government has been procuring 25-30 per cent of levy rice from nearly 1,200
rice mills. Through this mechanism, states buy paddy from millers for selling it through ration
shops, the subsidy burden of which falls on the centre. The centre has already decided to do
away with the levy purchase system by October 1, 2015.
http://webcache.googleusercontent.com/search?q=cache:UFJdztMaBnIJ:www.mydigitalfc.com/knowledg
e/jute-packaging-rice-mills-made-mandatory-bengal-717+&cd=1&hl=en&ct=clnk&gl=pk
Forget chemotherapy — try some genetically modified
lettuce to fight your colon cancer Science Friday
May 19, 2015 · 9:00 AM EDT
Producer Alexa Lim (follow)
Writer Marlisse Silver Sweeney (follow)
An agriculturist prepares to plant "Golden Rice" seedlings at a laboratory of the International
Rice Research Institute in Los Banos, Laguna south of Manila, on August 14, 2013.
Credit: Erik De Castro/Reuters
There‟s a lot of fear surrounding genetically modified fruits and vegetables. But what if scientists
could engineer food to cure cancer?
This story is based on a radio interview.Listen to the full interview.
New research suggests
scientists can use plants to
deliver a type of genetic
material called
microRNA, which can
help prevent or suppress
cancer. In experiments
with laboratory mice that
were fed the genes,
incidences of colon
cancer decreased.“It‟s a
very controversial field,” says Kendal Hirschi, a professor of pediatrics and human genetics at
theChildren‟s Nutrition Research Center at the Baylor College of Medicine in Houston. He‟s also
an author on one of the research papers about this topic.Hirschi says that though it‟s generally
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18
understood that the healthiest diet is plant-based, there are a lot of converging opinions about the
best bets for optimal nutrition.
“We‟re playing with this idea that the microRNAs in the plant foods can be these regulators,
something that is a bioactive compound that affects our bodies," he says.But Ken Witwer, an
assistant professor of molecular and comparative pathology at John Hopkins University School
of Medicine, says we shouldn‟t get too excited just yet. “So far we don‟t have any data on
genetically modified plants,” he says. Instead, the mice in the experiment had the microRNA
injected directly into their stomachs via a feeding tube.
The same results would be difficult to achieve with dietary intake alone, he says. But finding a
plant-based solution is an important step in the process, Hirschi explains: "There‟s something
about the delivery of the nutrients that‟s better when we eat stuff out of the plant matrix.”These
“transgenic plants” won‟t be ready for at least a couple of years, the scientists estimate. And
though GMO foods are controversial, they say this research is likely to transcend the politics. As
Hirschi points out, “Who‟s going to argue about making a plant to help a patient who has
cancer?”
This story is based on an interview from PRI's Science Friday with Ira Flatow.
http://www.pri.org/stories/2015-05-19/forget-chemotherapy-try-some-genetically-modified-
lettuce-fight-your-colon-cancer
ShopRite? Shop Rice!
ARLINGTON, VA -- This month, USA Rice is working
with registered dietitians to promote U.S.-grown rice
through theLive Right program at ShopRite, a chain of
more than 250 grocery stores in Connecticut, Delaware,
Maryland, New Jersey, New York, and Pennsylvania.
Shoppers will be educated on the health, environmental,
and culinary benefits of U.S.-grown rice through the
Wellness e-Newsletter and in-store
activities.Distributed to more than 110,000 customers,
ShopRite's Wellness e-Newsletter, A Serving of Health, provides shoppers with healthy recipes,
as well as resources and tips for healthy living. This month, there is an entire section called
"Make Over Your Meals with U.S.-Grown Rice, " encouraging consumers to add U.S.-grown
rice to their shopping list. The newsletter features key messages about rice and USA Rice's
recipe for Teriyaki Salmon with Gingered Vegetable Brown Rice.
U.S.-grown rice will be featured in the Dietitian's Selection Program from now through July, and
in the Dietitian's Selection section of the Wellness Circular Insert, that reaches 10 million
shoppers each week. U.S. rice will also be included on the Dietitian's Selection Shopping List
that customers can pick up at all ShopRite stores, and is called out on shelves as a Dietitian's
Selection. The retail dietitian team, active at 115 stores, uses this shopping list and incorporates
They're all about U.S.-grown rice
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19
these items into store tours, community events, and one-on one-consultations. "Consumers look
to dietitians as a credible source on healthy living and eating," said Paul Galvani, USA Rice's
retail subcommittee chairman. "So building relationships with these dietitians and providing
them with information they can in turn share with patrons is integral to our goal of increasing
awareness of U.S. rice."
Contact: Katie Maher (703) 236-1453
One-on-One with ITC Rice Industry Study
Rice's new best-seller
ARLINGTON, VA -- Yesterday USA Rice hosted a briefing by members of the U.S.
International Trade Commission (ITC) research team that conducted the yearlong study on the
factors and policies affecting the global competitiveness of the U.S. rice industry. The study,
"Rice: Global Competitiveness of the U.S. Industry," is known as a Section 332 investigation
and examined the rice industry in the U.S. and in major producing and exporting countries, such
as China, India, Thailand, Vietnam, Uruguay, and Brazil.The study looked at the impact on the
U.S. rice industry of exports from competitor countries to the U.S. and traditional U.S. markets
like Mexico, Haiti, and West Africa and found that although the U.S. rice is high quality and
enjoys favorable tariff treatment from markets such as Mexico and Central America, competition
is on the rise.
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"We used this is an opportunity for our Washington staff to get deeper into the specifics of the study,"
said USA Rice President & CEO Betsy Ward. "We're grateful the ITC experts were willing to provide
their insight and interpretations, share anecdotes, and answer many questions from our staff."
Contact: Deborah Willenborg (703) 236-1444
CCC Announces Prevailing World Market Prices
WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporation today announced the
following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and
the resulting marketing loan-gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2014 crop,
which became effective today at 7:00 a.m., Eastern Time (ET). Rough rice prices decreased $0.21 per cwt for both
long grain and medium/short grain.
World Price MLG/LDP
Rate
Milled Value
($/cwt) Rough
($/cwt) Rough ($/cwt)
Long-Grain 14.93 9.67 0.00
Medium-/Short-Grain 14.55 9.80 0.00
Brokens 9.01 ---- ----
This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and
the corresponding loan rates:
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long-Grain 57.21/12.55 6.64
Medium-/Short-Grain 61.89/8.83 6.51
The next program announcement is scheduled for May 27, 2015.
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21
CME Group/Closing Rough Rice Futures
CME Group (Prelim): Closing Rough Rice Futures for May 20
Month Price Net Change
July 2015 $9.570 - $0.080
September 2015 $9.840 - $0.075
November 2015 $10.090 - $0.075
January 2016 $10.355 - $0.070
March 2016 $10.420 - $0.070
May 2016 $10.420 - $0.070
July 2016 $10.420 - $0.070
Rice Is Sticky Issue for Japan in Trans-Pacific Trade Talks
Washington wants greater access to Japanese markets; Tokyo says no By MITSURU OBE And YUKA HAYASHI
Updated May 19, 2015 3:33 p.m. ET
TOKYO—The cover photo on Prime Minister Shinzo Abe‟s Facebook page shows him bowing
deeply to an elderly woman in rubber boots, standing next to a freshly planted rice paddy.The
photo symbolizes the hefty influence rice farmers wield over Japane
Log In website to see more detail...
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http://www.wsj.com/articles/rice-is-sticky-issue-for-japan-in-trans-pacific-trade-talks-
1432025782?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13
%2C+2013&utm_medium=email
Fake rice made with plastic reportedly spreading across Asia
Plastic rice sold on the Chinese market has reportedly found its way into various Asian countries,
including India, Indonesia and Vietnam.The fake rice is made by mixing potatoes, sweet potatoes
and synthetic resin, according to the International Business Times. It's long been circulating on
the market in Taiyuan, Shaanxi and appears identical to natural rice.Health experts have warned
that consuming the fake grains could seriously damage the digestive system.Authorities have
attempted to quell consumers' fears as the internet has been abuzz with news of the fake rice
landing on the shores of various Asian regions.
"As part of AVA‟s routine surveillance, imported rice is regularly inspected and sampled to
ensure compliance with our food safety standards and requirements," a spokesman from the
Agri-Food & Veterinary Authority (AVA) told The Straits Times after rumors surfaced that the
fake rice had entered Singapore."We have not received any feedback on fake rice."The
Malaysian Agriculture and Agro-based Industry Ministry likewise denied receiving any reports
about the resin-laced grains, but said if it were to have gotten into Malaysia, it would most likely
be sold at small shops rather than large supermarkets.So how can you avoid consuming plastic-
tainted rice? According to Oryza.com, the fake rice grains remain hard after being boiled, and the
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23
soup made by it forms a very unappetizing plastic sheath 'that burns like plastic' when heated up.
Euuhhh.
Contact the author of this article or email [email protected] with further questions, comments or tips.
http://shanghaiist.com/2015/05/20/fake-rice-made-with-plastic-spreading-across-
asia.php?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+Decemb
er+13%2C+2013&utm_medium=email
Yingluck Shinawatra Pleads Not Guilty to Negligence Over
Thai Rice Subsidy
By AUSTIN RAMZYMAY 19, 2015 Former Thai Premier Speaks Before Trial
Former Prime Minister Yingluck Shinawatra of Thailand spoke on Tuesday outside the
courthouse in Bangkok before the start of her trial on charges of criminal negligence.
By Reuters on Publish DateMay 19, 2015. Photo by Chaiwat Subprasom/Reuters.
HONG KONG — Former Prime MinisterYingluck Shinawatra of Thailand pleaded not guilty on
Tuesday to charges of criminal negligence over a plan to prop up rice prices, which her political
opponents called a corrupt bid to buy support from the country‟s farmers.“I am confident in my
innocence,” she told reporters before the hearing.The Thai Supreme Court approved bail for Ms.
Yingluck, who faces up to 10 years in prison. The trial is expected to take up to a year, during
which she is barred from leaving the country.Ms. Yingluck was removed from office in a coup
one year ago and retroactively impeached in January by the military junta that replaced her. The
impeachment means she is barred from politics for five years.
She and her allies, including her brother, former Prime Minister Thaksin Shinawatra, have won
every election since 2001, but they have faced fierce opposition from the political elites in
Bangkok. Mr. Thaksin now lives abroad to avoid imprisonment in Thailand on corruption
charges.The rice subsidies, a key policy of Ms. Yingluck‟s during her three years in office,
involved spending billions to buy the crop at high premiums over market rates. The effort
angered the opposition, which called it a waste of public funds, and fueled street protests against
her.She has called the program an important effort to support the country‟s poor.Also on
Tuesday, the military government said it would hold a referendum on a new constitution it is
drafting. The government said the referendum would be held no later than next January. If it
passes, officials said, the election the junta has promised would be delayed until August or
September 2016.Poypiti Amatatham contributed reporting from Bangkok.
http://www.nytimes.com/2015/05/20/world/asia/yingluck-shinawatra-pleads-not-guilty-to-negligence-over-thailand-rice-
subsidy.html?_r=1&utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%2C+December+13%2C+
2013&utm_medium=email
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24
Meet the Farmer Who's Helping Chipotle Go Organic
Civil EatsMay 20, 2015
By Ken Roseboro
McKaskle Family Farm supplies organic rice to more than a dozen Chipotle restaurants in
Missouri, Tennessee, and Arkansas. (Photo: Organic & Non-GMO Report)
Chipotle Mexican Grill made news recently when the “fast casual” restaurant chain
announced that it was serving only foods made with non-GMO ingredients.A farmer in
Missouri is helping Chipotle take its “food with integrity” commitment one step further—to
organic. Steve McKaskle, owner of McKaskle Family Farm, the only organic rice farm in
Missouri, supplies a growing number of Chipotle restaurants in his region with organic long
grain white and brown rice.
After the Tornado
Based in Braggadocio in Missouri‟s
southernmost Bootheel region, the seven-
generation McKaskle Family Farm offers an
excellent example of how a bad event can bring
a blessing in disguise. In the early 2000s Steve
and his wife Kaye grew organic cotton, which
they supplied to companies like Patagonia,
Ecosport, and Nike. But in 2006 an F4 tornado
destroyed the McKaskles‟ farm headquarters,
tractors, barns, grain bins, cotton harvesters,
and cotton gin. “We lost our entire farming
operation and three-fourths of our home,” Steve
McKaskle says. “We barely survived.”But like
the proverbial phoenix rising from the ashes,
the McKaskles rebuilt their farm. Without the
cotton harvesters and gin, they switched to
growing organic rice and found greater success.
Today, their farm is thriving more than ever, as
they supply organic rice to Chipotle restaurants
in Missouri, Tennessee, and Arkansas.“We‟re
rebounders,” McKaskle says.Along with rice,
McKaskle Family Farm grows organic popcorn, soybeans, winter wheat, and oats on about
2000 acres.They also package and sell their own Braggadocio brand organic rice and popcorn
to Whole Foods store, Hy-Vee supermarkets, and natural food stores in Missouri and
surrounding states.
Steve and employees in front of mill. (Photo: Organic & Non-GMO Report)
Mill Expands Capacity To better serve Chipotle‟s needs, McKaskle Family Farm recently expanded with a new rice
processing facility that was partially funded by state income tax credits from the Missouri
Department of Agriculture. Construction of the mill was completed in November 2014.
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https://www.yahoo.com/food/missouri-farmer-helps-chipotle-go-beyond-non-gmo-
118967993571.html?utm_source=USA+Rice+Daily%2C+May+20%2C+2015&utm_campaign=Friday%
2C+December+13%2C+2013&utm_medium=email
APEDA India News
International Benchmark Price
Price on: 19-05-2015
Product Benchmark Indicators Name Price
Apricots
1 Turkish No. 2 whole pitted, CIF UK (USD/t) 5850
2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4125
3 Turkish size 8, CIF UK (USD/t) 3425
Raisins
1 Californian Thompson seedless raisins, CIF UK (USD/t) 2378
2 South African Thompson seedless raisins, CIF UK (USD/t) 2227
White Sugar
1 CZCE White Sugar Futures (USD/t) 887
2 Kenya Mumias white sugar, EXW (USD/t) 690
3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 551
Source:agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 19-05-2015
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
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Rice
1 Bonai (Orissa) Other 1900 2200
2 Cachar (Assam) Other 2000 2500
3 Kheda (Gujarat) Other 1800 3350
Wheat
1 Dhing (Assam) Other 1450 1700
2 Manvi (Karnataka) Other 1501 1510
3 Bonai(Orissa) Other 1450 1600
Mango
1 Sirhind (Punjab) Other 2000 4000
2 Pattambi(Kerala) Other 1500 2000
3 Bonai(Orissa) Other 1000 3000
Cucumbar
1 Banki (Orissa) Other 1300 1500
2 Aroor (Kerala) Other 2400 2600
3 Bharuch(Gujarat) Other 700 1000
Source:agra-net For more info
Egg Rs per 100 No
Price on 19-05-2015
Product Market Center Price
1 Pune 300
2 Chittoor 328
3 Namakkal 311
Source: e2necc.com
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Other International Prices Unit Price : US$ per package
Price on 19-05-2015
Product Market Center Origin Variety Low High
Potatoes Package: 50 lb cartons
1 Atlanta Colorado Russet 19 23.50
2 Baltimore Canada Russet 20 21
3 Chicago Idaho Russet 20 24
Carrots Package: 20 1-lb film bags
1 Atlanta California Baby Peeled 18 20.50
2 Chicago California Baby Peeled 16.50 17
3 Dallas Arizona Baby Peeled 20 20
Grapefruit Package: 7/10 bushel cartons
1 Atlanta California Red 20.50 20.50
2 Baltimore California Red 19 19
3 New York Texas Red 18 18
Source:USDA
Price on: 20-05-2015
Product Benchmark Indicators Name Price
Apricots
1 Turkish No. 2 whole pitted, CIF UK (USD/t) 5850
2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4125
3 Turkish size 8, CIF UK (USD/t) 3425
Raisins
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1 Californian Thompson seedless raisins, CIF UK (USD/t) 2370
2 South African Thompson seedless raisins, CIF UK (USD/t) 2219
White Sugar
1 CZCE White Sugar Futures (USD/t) 879
2 Kenya Mumias white sugar, EXW (USD/t) 690
3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 568
Source:agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 20-05-2015
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Jowar(Sorgham)
1 Amreli (Gujarat) Other 1050 3000
2 Theni (TamilNadu) Other 1280 1360
3 Jogipet (Telangana) Local 1200 1242
Maize
1 Amirgadh (Gujarat) Other 1200 1310
2 Athani (Karnataka) Local 1501 1510
3 Theni(Tamil Nadu) Other 1200 1400
Orange
1 Muktsar (Punjab) Other 1800 2500
2 Solan(Himachal Pradesh) Other 2000 2500
3 Sitapur(Uttar Pradesh) Other 2550 2750
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Cabbage
1 Bonai (Orissa) Other 1500 2000
2 Chala (Kerala) Other 2700 2750
3 Gumla(Jharkhand) Other 1400 1800
Source:agra-net For more info
Egg Rs per 100 No
Price on 20-05-2015
Product Market Center Price
1 Ahmedabad 300
2 Hyderabad 272
3 Mysore 336
Source: e2necc.com
Other International Prices Unit Price : US$ per package
Price on 20-05-2015
Product Market Center Origin Variety Low High
Onions Dry Package: 50 lb sacks
1 Atlanta Mexico Yellow 21.50 21.50
2 Baltimore California Yellow 19 19
3 Chicago Texas Yellow 15 15
Cucumbers Package: cartons film wrapped
1 Atlanta Canada Long Seedless 8.50 9.50
2 Dallas California Long Seedless 12.50 13
3 Miami Mexico Long Seedless 9 10
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Apples Package: cartons tray pack
1 Atlanta Virginia Red Delicious 19 19
2 Baltimore Washington Red Delicious 20 24
3 Miami Washington Red Delicious 24 26
Source:USDA
Satake to exhibit at FOOMA Japan 2015
5/19/2015 - by World Grain Staff
TOKYO, JAPAN — Satake will exhibit at FOOMA Japan 2015 June 9-12 at the Tokyo
International Exhibition Center, Tokyo, Japan.
See detail on website…
http://www.world-grain.com/articles/news_home/Supplier_Update/2015/05/Satake_to_exhibit_at_FOOMA_Jap.aspx?ID=%7B1E8034AC-7B58-
4F79-ACA2-A462AE45DEA3%7D