22nd July , 2014
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TOP Contents - Tailored for YOU Latest News Headlines…
Demands Sanitary, Phyto-Sanitary Agreement on Rice Standards with Myanmar Haiti Should Go Back to Its 'Roots' SUPARCO Estimates Pakistan FY 2013-14 Milled Rice Production at 7.1 Million Tons India Basmati Rice Production Thrives, Despite Weak Monsoons Afternoon Recap - Chicago Rough Rice Futures Fall Below $13.00/cwt as Selling Pressure Spills Over from Other Grains Oryza Overnight Recap - Chicago Rough Rice Futures Slip as Grain Complex Comes under Pressure Oryza U.S. Rough Rice Recap - Old Crop Prices Hold Steady as Domestic Buyers Cover Needs The Perfect Pair: Integrating Rice Farming with Aquaculture in Bangladesh Vietnam Rice Sellers Increase Some of Their Quotes Today; Other Asia Rice Quotes Unchanged The Perfect Pair: Integrating Rice Farming with Aquaculture in Bangladesh Philippines Plans 200,000 Tons Additional Rice Imports as Typhoon Glenda Destroys 16,553 Hectares of Rice Area Vietnam Exports 3.26 Million Tons of Rice in January 1 - July 17, 2014 Bhutan Embraces 'Kambja' Rice Cultivation Method to Boost Production and Oryza Global Rice Quotes
News Detail… Demands Sanitary, Phyto-Sanitary Agreement on Rice Standards with Myanmar Jul 21, 2014
The Chinese government is demanding a formal sanitary and phyto-sanitary agreement on rice standards with Myanmar, according to local sources.The agreement is required by China to legalize its rice trade with Myanmar, the Joint Secretary of the Myanmar Rice Federation was quoted as saying. Though China accounts to about 60% of total unprocessed rice exports of Myanmar for the last two years, Chinese authorities view the trade between two countries as illegal due to the absence of a formal sanitary and phyto-sanitary agreement on rice standards between the two countries. Such an agreement would require Myanmar's milled rice exports to follow China's plant quarantine rules, including a third-party guarantee that they are free of disease or pests.
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Most of the rice from Myanmar is exported to China through informal border channels. In 2013, Myanmar exported around 747,000 tons of rice to China through such channels. Rice exports to China increase almost 125 times since 2011, according to a report by the World Bank in June this year.A World Bank Economist is also understood to have suggested Myanmar to sign a formal agreement with China considering a stiff competition from Vietnam. Myanmar is also keen on accelerating trade with China given differences between China and Vietnam over an oil rig in the South China Sea.Myanmar's rice exports are likely to reach around 1.1 million tons in FY 2013-14, down 47% from 2.1 million tons exported in FY 2012-13 fiscal, according to the Minister of Commerce. USDA estimates Myanmar's rice exports in 2014 to grow to around 1.3 million tons, up about 12% from the previous year's level of around 1.16 tons. The country's milled rice production is estimated at 11.96 million tons in MY 2013-14 (January 2014 - December 2014) against a consumption of around 10.5 million tons.
Haiti Should Go Back to Its 'Roots' Jul 21, 2014
Haiti has become dependent on rice imports but rather than promoting local rice production which will become more vulnerable to climate change, Haiti should consider going back to growing its traditional root crops like yams and less thirsty grains like sorghum.Trade liberalization in the 1990s and the consequent flood of US rice imports have been blamed for destroying Haiti’s rice sector. It has been argued that the massive cut in Haiti’s import rice tariff rates in the 1990s led Haiti to move from self sufficiency in rice to becoming one of the most heavily rice import dependent countries in the world. However, environmental degradation such as deforestation and soil erosion are also acknowledged to have had a major impact of Haiti’s agricultural sector. It is true that trade liberalization was followed by a huge inflow of imported rice, most of which comes from the US. It is also true that US rice subsidies significantly distort world rice prices. A report by the CATO institute estimated US rice subsidies to artificially lower world rice prices by 5%. However, while Haiti was in fact rice self sufficient up until the mid-1980s, Haitians now eat three times as much rice as they did back then so rice was not always such an important food staple as it is now. Therefore imported rice has not only replaced local rice to some extent but also traditionally consumed root crops like yams and cassava as well as grains like sorghum and millet. The problem with Haiti’s rice industry is that even considering US subsidies distorting imported rice prices, local rice is far too expensive for most Haitian consumers. A kilo of imported rice costs retailers in Haiti’s capital city, Port-au-Prince, the equivalent of just over one US dollar, whereas a kilo of local rice costs 2 US dollars. There’s really no choice for consumers to make, especially since 80 percent of Haitians live on less than two US dollars a day.
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However, there are cheaper local foods available. For instance, sorghum which is domestically grown costs the equivalent of around 80 US cents a kilo at the retail market. In the 1970s, Haiti produced and consumed twice as much sorghum as it does today. It also produced almost 200,000 tons of millet in the 1960s but now doesn’t produce any. Ironically, the traditional foods which Haitians gave up consuming for imported rice in the 1980s like sorghum and yams are now being promoted by international research organizations like the International Center for Tropical Agriculture (CIAT) as the most suitable crops for Haiti to grow considering the impact of climate change.
SUPARCO Estimates Pakistan FY 2013-14 Milled Rice Production at 7.1 Million Tons Jul 21, 2014
The National Space Agency of Pakistan (SUPARCO) has estimated Pakistan FY 2013-14 (July - June) milled rice production at about 7.1 million tons from an estimated area of about 2.879 million hectares and an estimated yield of about 2.5 tons per hectare. Highest production of about 3.73 million tons is expected from the Punjab province, followed by about 2.6 million tons from the Sindh province, about 631,900 tons from Balochistan province and about 130,000 tons from Khyber Pakhtunkhwa (KP) province.According to the latest crop report by SUPARCO, planting of coarse rice for the FY 2014-15 kharif rice crop (May - December) is expected to be complete by the end of July. It reached peak by the end of June in almost all rice growing regions. Sowing of basmati rice will begin four weeks after the completion of sowing coarse rice. Currently basmati rice nurseries are under establishment phase. SUPARCO estimates normal monsoon rains in all the rice growing areas of Punjab, KP, Sindh and Balochistan in July.
According to the Economic Survey of Pakistan for 2013-14 released by the Ministry of Finance in June 2014, rice accounted to about 0.7% of agricultural GDP.USDA estimates Pakistan to produce about 6.6 million tons of rice, basis milled, in MY 2013-14 (November 2013 - October 2014). It estimates Pakistan rice production to increase to about 6.7 million tons in MY 2014-15.
India Basmati Rice Production Thrives, Despite Weak Monsoons Jul 21, 2014
Basmati rice is largely a rain fed crop and its cultivation period is short and lies between June and August when India gets monsoon rains. Despite an impending El Nino and already weak monsoon rains, rice farmers in India are keen on increasing basmati acreage this year due to record high profits on basmati last year. An excess of 35% income on basmati rice was seen in last kharif season (June 2013 – December 2013) compared to the
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previous year. Basmati acreage in 2014-15 has increased by 6% to around 1.9 million hectares, and out of which around 800,000 hectares are concentrated in the state of Punjab alone. Though a few producers are slightly concerned on the production front, they are not worried on the price front because prices are unlikely to fall even if monsoon fails. Also, cultivation of newer basmati varieties is said to be inexpensive due to lesser pest control costs. Newly introduced Pusa-1509 offers a range of benefits to basmati farmers compared to Pusa-1121, from sowing, irrigation, harvesting to sizeable profits and has become popular with the basmati farmers. The new variety has 80-day maturity cycle compared to older varieties and water and supervision overheads are lower too.Demand for basmati rice in Australia, the US and other Western countries is increasing recently due to people preferring Indian dishes and presence of Indian Diaspora. The weakening of rupee against the dollar in the international financial markets is also favorable for Indian basmati rice exporters.In case of adverse climate and markets, Indian farmers do not foresee any problems with basmati storage at the local level compared to other perishable crops. Tags: india basmati rice
Afternoon Recap - Chicago Rough Rice Futures Fall Below $13.00/cwt as Selling Pressure Spills Over from Other Grains Jul 21, 2014
Chicago rough rice futures for Sep delivery settled 14.5 cents per cwt (about $3 per ton) lower at $12.980 per cwt (about $286 per ton). The other grains closed sharply lower today; soybeans closed about 1.3% lower at $10.7150 per bushel; wheat finished about 0.4% lower at $5.3000 per bushel, and corn finished the day about 1.7% lower at $3.7200 per bushel.U.S. stocks declined on Monday as global disapproval of Russian President Vladimir Putin increased after the downing of a passenger plane in Ukraine and amid international calls for a truce in the Israeli-Palestinian conflict. In the Middle East, Israeli jets, tanks and artillery continued to hit the Gaza Strip, despite an appeal for an immediate ceasefire after two weeks of fighting that has killed more than 500 people. Stocks came off session lows, however, with the Dow regaining its footing above 17,000, after President Barack Obama said in a nationally televised statement that the costs to Russia would increase should it fail to find a diplomatic solution to the crisis in Ukraine, but stopped short of further sanctions. After shedding as many as 125 points, the Dow Jones Industrial Average was lately off just 26.30 points, or 0.2%, to 17,073.88. The S&P 500 declined 3.47 points, or 0.2%, to 1,974.75, with consumer staples hardest hit and technology faring best among its 10 major industry groups. The Nasdaq dropped nearly 2 points to 4,430.24. Gold is trading about 0.3% higher, crude oil is seen trading about 0.9% higher, and the U.S. dollar is seen trading marginally higher at about 1:00pm Chicago time.Friday, there were 139 contracts traded, down from 294 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday decreased by 17 contracts to 8,730.
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Oryza Overnight Recap - Chicago Rough Rice Futures Slip as Grain Complex Comes under Pressure Jul 21, 2014
Chicago rough rice futures for Sep delivery were noted 5.5 cents per cwt (about $1 per ton) lower at $13.070 per cwt (about $288 per ton) during early trading in Chicago. The other grains are seen lower this morning in floor trading in Chicago: soybeans are currently seen about 1.7% lower, wheat is listed about 1.4% lower and corn is noted about 1.8% lower. U.S. stocks declined on Monday as global disapproval of Russian President Vladimir Putin increased after the downing of a passenger plane in Ukraine and amid international calls for a truce in the Israeli-Palestinian conflict. In eastern Ukraine, fighting flared in Donetsk as international inspectors started to inspect the remains of the 298 victims of the Malaysia Airlines disaster. In the Middle East, Israeli jets, tanks and artillery continued to hit the Gaza Strip, despite an appeal for an immediate ceasefire after two weeks of fighting that has killed more than 500 people. The Dow Jones Industrial Average fell 82.33 points, or 0.5%, to 17,017.85. The S&P 500 declined 8.21 points, or 0.4%, to 1,970.01, with health care falling hardest among its 10 industry groups. The Nasdaq dropped 17.72 points, or 0.4%, to 4,414.48. Gold is currently trading about 0.7% lower, crude oil is seen trading about 0.3% lower, and the U.S. dollar is currently trading about 0.2% higher at 9:30am Chicago time.
Oryza U.S. Rough Rice Recap - Old Crop Prices Hold Steady as Domestic Buyers Cover Needs Jul 21, 2014
As of today, old crop offers could still be seen near $15.00 per cwt fob farm (about $331 per ton) for JulyAugust shipment while others sellers hold out for around $16.00 per cwt fob farm (about $355 per ton).Bids from exporters were unchanged around $14.25 per cwt (about $314 per ton) for July-August delivery which generated zero interest while some smaller mills are said to be paying close to $16.00 per cwt (about $353 per ton) for the same delivery period. In the meantime, the USDA estimates that as of July 20, 32% of the U.S. rice crop had headed which was 10% greater than this time last year but 1% less than the previous 5-year average. As of now, the USDA estimates that 18% of the rice crop in Arkansas has headed compared to 15% in California, 82% in Louisiana, 45% in Mississippi, 29% in Missouri, and 63% in Texas.The USDA also considers 69% of the U.S. crop to be in goodto-excellent condition, which was a 1% decrease from last week and 4% less than this time last year, compared to 64% in Arkansas, 80% in California, 80% in Louisiana, 88% in Mississippi, 65% in Missouri, and 53% in Texas.
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The Perfect Pair: Integrating Rice Farming with Aquaculture in Bangladesh Jul 21, 2014
For rice farmers, spotting fish in their flooded paddy fields is common. Wild stocks of fish have always prospered in the aquatic environment of paddy fields and rice farmers have benefited from the unexpected fish catch. But, what about intentionally stocking fish and shrimp in paddy fields? Such farming practices have been widely followed in Bangladesh for decades.Dr Nesar Ahmed from the Bangladesh Agricultural University has dedicated much of his academic career to researching these unique systems in Bangladesh and has studied the economic, social and environmental benefits which come with these farming practices. In one of his studies, he estimated the net return for integrating rice and fish production to be 2,034 US Dollars per hectare compared to 1,742 US Dollars for monoculture rice production. In another of his studies, he found that integrating shrimp into existing rice-fish farming increased farmers’ income by 18 percent. This makes a significant difference for farmers living close to the poverty line.There are also direct health benefits to the farmers as the added fish catch allows Bangladeshi farmers to add more nutritional food sources to their diets. 70 percent of Bangladeshis’ daily calories come from rice so there is a real necessity to help Bangladeshi rice farmers to diversify their crops.You might think that there could be safety and practical complications of integrating aquaculture with rice farming. Dr Ahmed has reported that some farmers are hesitant to adopt this farming approach as they worry about the presence of chemical pesticides in the paddy fields which can contaminate the fish. However, one of the benefits of having fish and shrimp present in the paddy field is that they act as natural predators against rice pests including weeds so pesticides use can be dropped significantly which is also much better the environment. Another obstacle one might think of is the fact that paddy fields need to be drained before the fish and shrimp are big enough to harvest. However, the farmers have can up with a simple yet effective method of digging ditches in different areas of the paddy field such as around the perimeter. Therefore when the field is drained, the fish and shrimp take refuge in the deep ditches which are still submerged in water.Or course, there are challenges. For instance, rice-fish farming is more labor intensive than rice monoculture and a lack of knowledge seems to be blocking a wider adoption of these practices by rice farmers in Bangladesh. However, integrating rice and aquaculture makes a lot of sense since both are growing food sectors which compete for many of the same inputs.
Vietnam Rice Sellers Increase Some of Their Quotes Today; Other Asia Rice Quotes Unchanged Jul 21, 2014
Vietnam rice sellers increased their quotes for 5% broken rice and 25% broken rice by about $10 per ton and $5 per ton respectively to around $440 - $450 per ton and around $390 - $400 per ton today. Other Asia rice sellers kept their quotes mostly unchanged.
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5% Broken Rice Thailand 5% rice (of new crop) is quoted at around $420 - $430 per ton, about $20 per ton discount to Vietnam 5% rice (of new crop) shown at around $440 - $450 per ton, up about $10 per ton from Friday. India 5% rice is quoted at around $435 - $445 per ton, on par with Pakistan 5% rice quoted at around $435 - $445 per ton. 25% Broken Rice Thailand 25% rice (of the old crop) was last quoted at around $350 - $360 per ton, about $40 per ton discount to Vietnam 25% rice (of new crop) quoted at around $390 - $400 per ton, up about $5 per ton from Friday. India 25% rice is quoted at around $390 - $400 per ton, about $10 per ton premium on Pakistan 25% quoted at around $380 - $390 per ton. Parboiled Rice Thailand parboiled rice (of the old crop) is quoted at around $440 - $450 per ton. India parboiled rice is quoted at around $420 - $430 per ton, about $15 per ton discount to Pakistan parboiled rice quoted at around $435 $445 per ton. 100% Broken Rice Thailand broken rice, A1 Super, (of the old crop) was last quoted at around $310 - $320 per ton, about $30 per ton discount to Vietnam broken rice (of new crop) quoted at around $340 - $350 per ton. India broken sortexed rice is quoted at around $315 - $325 per ton, about $20 per ton discount to Pakistan broken sortexed rice quoted at around $335 - $345 per ton. Tags: Vietnam rice prices, India rice prices, Thailand rice prices, pakistan rice prices
The Perfect Pair: Integrating Rice Farming with Aquaculture in Bangladesh Jul 21, 2014
For rice farmers, spotting fish in their flooded paddy fields is common. Wild stocks of fish have always prospered in the aquatic environment of paddy fields and rice farmers have benefited from the unexpected fish catch. But, what about intentionally stocking fish and shrimp in paddy fields? Such farming practices have been widely followed in Bangladesh for decades.Dr Nesar Ahmed from the Bangladesh Agricultural University has dedicated much of his academic career to researching these unique systems in Bangladesh and has studied the economic, social and environmental benefits which come with these farming practices. In one of his studies, he estimated the net return for integrating rice and fish production to be 2,034 US Dollars per hectare compared to 1,742 US Dollars for monoculture rice production. In another of his studies, he found that integrating shrimp into existing rice-fish farming increased farmers’ income by 18 percent. This makes a significant difference for farmers living close to the poverty line.There are
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also direct health benefits to the farmers as the added fish catch allows Bangladeshi farmers to add more nutritional food sources to their diets. 70 percent of Bangladeshis’ daily calories come from rice so there is a real necessity to help Bangladeshi rice farmers to diversify their crops.You might think that there could be safety and practical complications of integrating aquaculture with rice farming. Dr Ahmed has reported that some farmers are hesitant to adopt this farming approach as they worry about the presence of chemical pesticides in the paddy fields which can contaminate the fish. However, one of the benefits of having fish and shrimp present in the paddy field is that they act as natural predators against rice pests including weeds so pesticides use can be dropped significantly which is also much better the environment.Another obstacle one might think of is the fact that paddy fields need to be drained before the fish and shrimp are big enough to harvest. However, the farmers have can up with a simple yet effective method of digging ditches in different areas of the paddy field such as around the perimeter. Therefore when the field is drained, the fish and shrimp take refuge in the deep ditches which are still submerged in water.Or course, there are challenges. For instance, rice-fish farming is more labor intensive than rice monoculture and a lack of knowledge seems to be blocking a wider adoption of these practices by rice farmers in Bangladesh. However, integrating rice and aquaculture makes a lot of sense since both are growing food sectors which compete for many of the same inputs.
Philippines Plans 200,000 Tons Additional Rice Imports as Typhoon Glenda Destroys 16,553 Hectares of Rice Area Jul 21, 2014
The Nat ion al Foo d Aut hor ity (N FA ) of the Phi lipp
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ines has decided to import another 200,000 tons of rice in 2014 to minimize the effects of the typhoon Rammasun (locally known as Glenda) on rice production in the country as well as on rice stocks, according to local sources.According to local sources, the Department of Agriculture (DA) estimated that around 43,612 hectares of farmlands have been impacted by Glenda, which hit the Philippines on July 15. Around 16,553 hectares of rice fields are damaged causing a production loss of about 55,015 tons or about P1.008 billion (around $23 million), according to the DA. Sources at the NFA told local media reporters that the decision on imports has been taken proactively assuming more rice stocks in the NFA warehouses may have to be used up for typhoon rehabilitation purposes. The NFA Council is expected to meet on July 22, 2014 to finalize the importation plan, according to the Presidential Assistant for Food Security.The proposed 200,000 tons import is over and above the initial 800,000 tons of white rice to be imported from Vietnam between May and August 2014 as well as the 200,000 tons repeat import order from Vietnam. If the new importation plan is approved, the Philippines total imports will reach 1.2 million tons in 2014. The additional imports are likely to arrive by early September.According to the NFA Administrator, the total rice stocks (commercial, household and government) in the country are enough for 80 days. However, according to the Philippines’s government measure of rice self-sufficiency, the rice inventory must be enough for more than 90 days. The NFA Administrator expressed confidence that the additional imports would help raise the country's rice stocks to a safer level of about 90 days.Local sources say the rice stocks have been depleting due to excessive release of NFA rice in various markets across the country to combat unjustified price increases. The Presidential Assistant for Food Security earlier directed the NFA to double its daily rice release limit to around 8,000 tons from around 4,000 tons. According to the UN’s Food and Agriculture Organization (FAO), average retail prices of regular milled rice increased to around 39.88 pesos per kilogram (around $914 per ton) in July 2014, up about 19% from around 33.44 pesos per kilogram (around $770 per ton) in July 2013. Average retail prices of well milled rice increased to around 43.29 pesos per kilogram (around $992 per ton) in July 2014, up about 19% from around 36.48 pesos per kilogram (around $840 per ton) in July 2013. USDA estimates the Philippines will import around 1.45 million tons of rice in 2014, including around 250,000 tons of unofficial rice imports, and the UN’s Food and Agriculture Organization estimates the country to import around 1.2 million tons of rice in 2014.The US agency estimates the Philippines to produce around 12.2 million tons of rice, milled basis, in MY 2014-15 (July - June) up about 3% from an estimated 11.81 million tons in MY 2013-14. Philippines consumption is expected to increase to 13.2 million tons this year, up about 3% from around 12.85 million tons last year.
Vietnam Exports 3.26 Million Tons of Rice in January 1 - July 17, 2014 Jul 21, 2014
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Vietnam exported around 3.26 million tons of rice during January 1 - July 17, 2014, down about 20% from arou nd 4.1 milli on tons of rice expo rted in first seve n mont hs of last year, acco rdin g to data from the Viet nam Food Association (VFA). Average rice export price so far in this year stands at around $432 per ton (FOB), up about 1% per ton from around $429 per ton recorded during same time in last year.During January 1 – July 17, 2014, Vietnam exported around 259,400 tons of rice, down about 55% from around 576,398 tons rice exported in full month of July 2013, and down about 61% from around 671,174 tons rice exported in full month of June 2014. Average export price so far in July stands at around $434 per ton, up about 5% per ton from a year ago, and up about 3% per ton from a month ago. Vietnam's rice exports during July 1-17, 2014 include: 106,436 tons of 15-20% broken rice (about 41% of total rice exports in July 2014); 70,743 tons of 3-10% broken rice (about 27% of total rice exports in July 2014); 44,096 tons of Aromatic rice (about 17% of total rice export in July 2014); and 23,178 tons Nep or glutinous rice (about 9% of total rice exports in July 2014).Asia was the major rice exporting destination for Vietnam rice so far in July 2014, with about 197,128 tons or about 76% of total rice exports. The Americas was the second largest destination, accounting for of about 40,747 tons of rice exports (equivalent to about 16% of total rice
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exports in July 2014). Vietnam also exported 12,680 tons of rice to the Africa, about 3,977 tons of rice to the Europe, about 3,795 tons of rice to the Middle East, and about 1,073 tons of rice to Australia in July 2014.
Bhutan Embraces 'Kambja' Rice Cultivation Method to Boost Production and Curb Imports Oryza_files Jul 21, 2014
The Ministry of Agriculture in Bhutan is embracing the 'Kambja' method of upland rice cultivation to boost rice production in the country according to local sources.Bhutan, which is 50% self-sufficient in rice is keen on raising the target to at least 65% during the eleventh five year plan (2014 - 2019). Agricultural specialists believe that the Kambja method of upland cultivation would help the country achieve its self-sufficiency target over the next five years.According to an Agriculture Specialist at the Department of Agriculture, the Kambja method of cultivation does not need irrigation water and can be carried out in dry land as well. He says the method is quite an old one and the farmers in eastern part of Bhutan are well acquainted with it. However, they have given up rice cultivation in recent years and have shifted to maize. The Rice Research Development Centre (RDC) is attempting to reinstate interest among rice farmers to again adopt Kambja method and grow upland rice varieties.Field trials of five upland rice varieties such as Khangma Maap, Zangthey 1 and Zangthey 2, Lumang local and Sam Bara since the middle of 2013 proved fruitful yielding about 2.8 tons paddy per hectare. The Agriculture Ministry is encouraging farmers to adopt these upland rice varieties along with rotation crops such as maize, potatoes and mandarin. The Ministry is freeing up more wet lands for paddy cultivation across the country. It is also renovating and repairing irrigation canals to support paddy cultivation in the country. Lack of irrigation facilities is known to have hindered growth of rice production in Bhutan for several years.Bhutan produced around 78,014 tons of paddy and imported rice worth Nu1.2 billion (around $20 million) in 2012. The Agriculture Ministry targets producing around 90,000 tons of rice by the end of the eleventh five year plan.
Oryza Global Rice Quotes July 21st, 2014
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Long grain white rice - high quality Thailand 100% B grade 435-445 Vietnam 5% broken 440-450 ↑ India 5% broken 435-445 ↔ Pakistan 5% broken 435-445 ↔ Cambodia 5% broken 450-460 ↔ U.S. 4% broken 550-560 ↔ Uruguay 5% broken 625-635 ↔ Argentina 5% broken 620-630 ↔
↔
Long grain white rice - low quality Thailand 25% broken NQ ↔ Vietnam 25% broken 390-400 ↑ Pakistan 25% broken 380-390 ↔ Cambodia 25% broken 425-435 ↔ India 25% broken 390-400 ↔ U.S. 15% broken 530-540 ↔ Long grain parboiled rice Thailand parboiled 100% stxd 440-450 Pakistan parboiled 5% broken stxd 435-445 India parboiled 5% broken stxd 420-430 U.S. parboiled 4% broken 630-640 ↔ Brazil parboiled 5% broken NQ ↔ Uruguay parboiled 5% broken NQ ↔ Long grain fragrant rice Thailand Hommali 92% 1000-1010 ↔ Vietnam Jasmine 595-605 ↔ India basmati 2% broken NQ ↔ Pakistan basmati 2% broken NQ ↔ Cambodia Phka Malis 835-845 ↔ Brokens Thailand A1 Super NQ ↔ Vietnam 100% broken 340-350 ↔ Pakistan 100% broken stxd 335-345 ↔ Cambodia A1 Super 350-360 ↔ India 100% Broken stxd 315-325 ↔ Egypt medium grain brokens NQ ↔ U.S. pet food 470-480 ↔ Brazil half grain NQ ↔
↔ ↔ ↔
All prices USD per ton, FOB vessel, oryza.
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