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Rice E-Newsletter by Riceplus Magazine November 25,2015 Vol 5, Issue XI
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Rice News Headlines... CAG Blows the Lid on Rs 100,000 Crore Rice Milling Scam Rice developed at PNNL a winner Rice millers demand import duty enhancement Rice Prices Cuba increases rice production with the help of Viet Nam Global Rice Stockpiles Expanding To 12-Year-High, Expected To Diminish $1.1 Trillion Global Food Import Bill Olam targets 310,000 MT of rice in 2years 11/25/2015 Farm Bureau Market Report Sudden rise in rates: Punjab, Hry allowed scam, allege Basmati growers Nabarangpur has 73 rice mills that can together process 2 lt of paddy annually News by Phil Rice Research and Markets: U.S. Rice Market Report 2015 - Analysis And Forecast to 2020 Richland lab develops planet-friendly rice Back-to-back drought adds to the woes of farmers Rice Festival is good but‌ Spice up your life at Bombay Star A taste of India 2015 USA Rice Outlook Issue of Whole Grain is On the Presses CCC Announces Prevailing World Market Prices CME Group/Closing Rough Rice Futures APEDA Rice Commodity News
News Detail... CAG Blows the Lid on Rs 100,000 Crore Rice Milling Scam BY BIKASH C PAUL ON 25/11/2015 • LEAVE A COMMENT
Rice millers are making thousands of crores, thanks to an official policy which allows them to sell the by-products from paddy procured for the PDS and keep the money for themselves Men unload rice husk from a truck at Bhageswari Paper Plant in Uttar Pradesh. Rice husk is produced as a free by-product by rice millers from paddy the government procures from farmers and sold at commercial rates. Credit: Land Rover Our Planet/Flickr, CC BY-ND 2.0
New Delhi: Taking advantage of the skewed pricing policy of successive governments both at the Centre and at the state level, rice mill owners across India have been literally milling thousands of crores of rupees for themselves through the sale of paddy by-products left over from the rice they process for the public distribution system (PDS).The by-products of rice
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milling are bran, husk, broken rice and nooks which enjoy a lucrative market – giving millers high returns on something which they do not have to spend a single rupee to buy. They get them for free.An audit report by the Comptroller and Auditor General, to which Cobrapost and The Wire are privy, has put the magnitude of the financial loss to the public exchequer at more than Rs 10,000 crore a year. As this windfall for millers – many of whom are politicians or have political connections – has been continuing for more than a decade, the cumulative losses could be more than Rs. 1 lakh crore. That puts the Great Indian Rice Milling Scam within sniffing distance of the more high-profile and visible 2G and coal scams. Processed rice at a factory in Chennai. Credit: ADM Institute for the Prevention of Postharvest Loss The CAG‘s report will be tabled in the winter session of Parliament.Both Central and state procurement agencies supply paddy to rice mills after buying the same from farmers at standard prices. When a government agency gives 100 kg of paddy to a rice miller, the latter returns 68 kg of parboiled rice (or 67 kg of raw rice) and is paid Rs 87 for his effort. However, he gets to retain the 32–33 kg of by-products, selling them in the open market for whatever price they fetch. According to the Odisha-based Central Rice Research Institute, rice millers on average derive 22 kg of rice husk, 8 kg of rice
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bran and 2 kg of broken rice from 100 kg of paddy. And over the years, the market for these byproducts has become even more lucrative than for rice. With by-products like these Paddy by-products find applications in a wide range of industries: power generation, solvent plants, pharmaceuticals, brick kilns and breweries. While rice bran yields oil, cattle and poultry feed, rice husk is used to generate power and its further by product – rice husk ash – has numerous industrial uses including the production of pharmaceutical-grade silica.
Rice husk ash produced after using rice husks for bricks. Credit: chiefdulia/Flickr Going by the average price these by-products fetch in the market, the rice miller on average rakes in an extra Rs. 169 per 100 kg of paddy – over and above the Rs 87 he earns from the government. Since millions of tons of rice are processed every year, many top-notch millers are developing stand-alone by-products units for a sustainable stream of revenue catering to both the domestic and export markets.And as the earnings of these private companies mount, so does the loss caused to government in terms of revenue it could have earned if only it put in place a proper pricing policy.Although the market for these by-products is huge, lucrative and well documented, government agencies treat them as ‗worthless‘ and refuse to claim any right over
their further processing and sale. No wonder, then, that an evaluation of their market worth is never done. Instead, the contracts and agreements between the government agencies and rice millers give the latter unconditional ‗property rights‘ over these by-products.In its audit report, the CAG criticises the government for
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its faulty policy of giving millers sole rights over the by-products of paddy. How can rice byproducts, which are supposed to be the property of the state, be handed over to mill owners without any compensation, asks the CAG. Of particular cause for concern is the fact that successive governments – led by Atal Bihari Vajpayee, Manmohan Singh and Narendra Modi – persisted with a milling policy that deprives the nation of enormous revenue despite knowing the reality.The estimates of revenue loss to the government arrived at by the CAG in its audit report stand at more than Rs. 10,000 crore every year. If we calculate the cumulative losses since 2003 – when the current milling policy was formalised – the figures stand at more than a staggering Rs. 1 lakh crore. Even if government is not bothered about the loss of revenue caused by assigning zero-value to paddy by-products, what is inexplicable is its failure to even tax the additional income that millers earn from the sale of these by-products. Most millers do not show any sales proceeds in their balance sheets; those who do, tend to underreport the value. There are many instances where rice millers have either concealed sales or shown a price well below the market value. For example, while government agencies sell rice bran at Rs. 10 a kg, private rice millers show the selling price at Rs 1–5 per kg. The loss in tax revenue is likely to run into hundreds of crores of rupees. The CAG has not quantified this as it falls under revenue auditing, which is outside its accounting domain. Whistleblower’s efforts
Rice husk mounds produced by a rice milling unit in Thailand. Credit: IRRI
The rice milling scam would have never been brought to light but for an Orissa-based whistleblower Gauri Shankar Jain who relentlessly pursued the case for almost five years.
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Thanks mostly to his efforts, the Tariff Commission – the nodal agency under the Ministry of Commerce and Industry mandated with setting prices on the basis of referrals from ministries and departments concerned – began working on a new price mechanism in 2012. Earlier this year, the Prime Minister‘s Office also forwarded Jain‘s complaint to the CAG, which decided to take up the issue for scrutiny.So far, the efforts of the Tariff Commission to put in place a new pricing regime seem to have come to a naught as state governments and rice millers have not provided the data the commission sought two years ago – so stiff is the resistance from the powerful lobby of rice mill owners who enjoy political patronage. Stiff resistance How ineffective the government‘s directives are becomes clear from a Union Ministry of Consumer Affairs letter issued on January 15, 2013 to eight major rice-producing states. ―The Tariff Commission was unable to make any recommendation for want of cooperation/information from state government/millers. Subsequently, vide reminders dated 8.1.2013 and 26.03.2013, state governments were again requested to give their comments in the matter. However, no response has been received from any state government in the matter so far.‖ The communication adds, ―in case selected millers are not willing to cooperate in the study, then state government concerned will be asked to take appropriate punitive action against them‖.
Worker unloads sack of rice husk. Credit: Land Rover Our Planet/Flickr
Even then not much headway has been made. Says Joint Secretary in the Ministry of Consumer Affairs, U. K. S. Chauhan, ―The ministry is constantly pursuing the matter so that an updated price mechanism comes out soon plugging the loopholes you are talking about. The idea is to create a win-win situation for all the stakeholders. All must understand [that] ministry does not decide on the price. It is the Tariff Commission‘s job, and we simply follow that. As long as that is not happening our hands are tied.‖The only reason for this executive helplessness according to Jain is that ―a close-knit ‗family‘ of government [authorities], politicians and rice millers prefers the status quo. Millers are clearly afraid of losing their monopoly rights over the by-products and a very profitable business if a new policy is put in place.‖ Sources at the CAG are candid enough to admit that the ‗political will‘ needed to re-structure the existing tariff mechanism is completely lacking.Maybe the government will be forced to act on the CAG report when
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Parliament commences its session on November 26.Featured image: Patna rice mill. Credit: Nomade Moderne/Flickr http://thewire.in/2015/11/25/cag-blows-the-lid-on-rs-100000-crore-rice-milling-scam-16183/
Rice developed at PNNL a winner Popular Science names new rice top engineering winner Rice is staple food for much of the world, but produces methane while growing Rice with barley gene has more grains, produces almost no greenhouse gas With their warm, waterlogged soils, rice paddies contribute up to 17 percent of global methane emissions, the equivalent of about 100 million tons each year. Courtesy Tamago Moffle
BY ANNETTE CARY acary@tricityherald.com Rice is the staple food source for more than half the world‘s population, but it‘s hard on the planet.With their warm, water-logged soils, rice paddies contribute up to 17 percent of the global emissions of methane, a potent greenhouse gas. Christer Jansson
Research led by Christer Jansson at Pacific Northwest National Laboratory in Richland has come up with a new kind of rice that not only nearly eliminates the production of greenhouse gas, but also increases the yield of rice plants to produce more food.The research, which included work by scientists in three nations, has been named the grand prize winner for engineering in Popular Science magazine‘s annual Best Tech of the Year edition. AS THE WORLD’S POPULATION GROWS, SO WILL RICE PRODUCTION Christer Jansson, Environmental Molecular Sciences Laboratory ―As the world‘s population grows, so will rice production,‖ Jansson said, when his study was published this summer in the weekly science journal Nature. ―And as the Earth warms, so will rice paddies, resulting in even more methane emissions. It‘s an issue that must be addressed.‖Jansson has worked on a solution for more than a decade with Chaunxin Sun of the Swedish University of Agricultural Sciences, developing a new type of rice, SUSIBA 2 rice. They identified a gene in barley that directs how a plant uses carbon and introduced it into common rice.The new rice produces a plant that can better feed its grains, stems and leaves by sending less of the carbon it pulls from the atmosphere into its root system. The methaneproducing microbes in the soil no longer have carbon to convert into methane.Not only can the plant produce more grains, they are plumper and starchier.―This is a win-win finding,‖ said Jansson, the director of plant sciences at the Environmental Molecular Sciences Laboratory, a Department of Energy facility at PNNL‘s Richland campus.
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100million tons of methane produced annually from rice paddies The 100 million tons of methane produced annually from rice paddies is a smaller percentage of overall greenhouse gases than is produced by its better-known counterpart, carbon dioxide.But methane is about 20 times more efficient at trapping heat in the atmosphere, making the team‘s contribution especially important for climate issues, according to PNNL.The rice has performed well in field tests in China, where some of the research was done, according to Popular Science. The awards are described in the December issue of the magazine. Annette Cary: 509-582-1533, @HanfordNews http://www.tri-cityherald.com/news/local/article46360490.html
Rice millers demand import duty enhancement 25 Nov, 2015 00:00:00 The country's millers have demanded of the government to enhance import duty on rice to 30 per cent to protect the interest of local farmers and traders.They also urged the government to reconsider the provision of mandatory use of jute bags to help ensure the smooth supply of rice to the domestic market. The demands were made at the annual general meeting (AGM) of Bangladesh Auto Major and Husking Mills Owners Association (BAMHMOA) held in the city Tuesday.The millers said following lower import duty, a large quantity of rice entered into the country from India which caused a negative impact on the local market.Food Minister Advocate Quamrul Islam said they have already decided to increase import duty on rice from existing 10 per cent to 20 per cent to help reduce import of the staple food.He said this while speaking at the AGM as the special guest.He also assured the millers that within a few days a circular in this connection will be published.Mr Islam said this year the government will ensure Aman procurement. And for this reason, they have started given rice to Open Market Sales (OMS) at Tk 20 per kg, and flour (Ata) at Tk 19 per kg from Tuesday. "We will procure a total of 0.2 million tonnes of Aman rice this year," he mentioned.The minister also urged the husking millers for converting their units into auto mills gradually.While speaking as the chief guest Industries Minister Amir Hossain Amu assured the millers that he will consider the demand of millers about declaration of rice mills as an agro-based industry."I will give the importance on the matter," he said. He said because of increasing population and establishments arable lands are being shrinking in the country.The association leaders also demanded loan at a single digit interest and tax facilities on import agriculture machineries so that they could turn their manual husking mills into automated ones.They urged the authorities concerned not to issue licences to new units as this sector is saturated. arafat-ara@hotmail.com http://www.thefinancialexpress-bd.com/2015/11/25/120213
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Rice Prices as on : 25-11-2015 01:21:42 PM Arrivals Current
Price
Season % Prev. Prev.Yr Modal change cumulative Modal %change Rice
Junagarh(Ori)
41.93
-15.5
2160.80
2200
2200
NC
Anandnagar(UP)
40.00
33.33
2735.00
2050
2020
NC
Jhargram(WB)
28.00
7.69
518.00
2750
2750
-5.17
Garbeta(Medinipur)(WB)
24.00
NC
1756.00
2300
2300
-
Tinsukia(ASM)
20.00
NC
130.00
2150
2400
-
Hiramandalam(AP)
17.50
75
184.20
3400
2800
-
Sheoraphuly(WB)
12.00
20
793.50
2500
2550
-14.38
Kanchili(AP)
7.50
-
15.00
2000
-
-
Silapathar(ASM)
6.40
-4.48
438.20
3000
3000
NC
North Lakhimpur(ASM)
6.00 -22.08
443.30
1900
1900
-
Islampur(WB)
3.10
-3.12
331.70
2150
2150
-14.00
Melaghar(Tri)
2.50 -16.67
106.10
2400
2450
-11.11
Shillong(Meh)
1.20
NC
60.90
3500
3500
NC
Bishenpur(Man)
1.10
10
35.50
2900
2900
http://www.thehindubusinessline.com/economy/agri-business/article7915666.ece
Cuba increases rice production with the help of Viet Nam Submitted by: Juana
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The Cuba-Viet Nam Cooperation Project, aimed at increasing rice production and replacing imports, benefits 1,200 producers in the province of Mayabeque. These actions began in 2011 and have two subprograms for the production and consumption of the grain and the obtaining of seeds. Agricultural machinery and other inputs included in the agreement between the two nations come from the fraternal Asian nation, Vicente Martinez, director of the Provincial Grain Company, told the press. Agriculture directors, farmers and Vietnamese advisers who share their knowledge with Cubans organized a workshop to discuss issues related to the difficulties limiting high yields. Currently, Cuba imports more than 400,000 tons of rice annually from Brazil, Bolivia and Viet Nam, equivalent to 60 percent of the island‘s total consumption, hence the need to increase national production.
http://www.cubaheadlines.com/2015/11/24/p13/cuba-increases-rice-production-with-the-help-of-vietnam.html
Global Rice Stockpiles Expanding To 12-Year-High, Expected To Diminish $1.1 Trillion Global Food Import Bill By Sophie Song @SophieXSong on July 08 2013 11:10 AM EDT
A farmer harvests rice at a paddy field . REUTERS/Kham
Global rice stockpiles are expanding to the highest level in 12 years, owing to record production increases, which add to a worldwide surge in agricultural outputs that is poised to diminish the $1.1 trillion amount importing nations pay for food.For the seventh year, rice reserves will increase – rising 2.7 percent to 108.6 million metric tons in 2013 – 2014, according to the estimates of the U.S. Department of Agriculture. Output will rise 1.9 percent to 479.2 million tons, exceeding demand by 2.8 million tons. By December, prices for 5 percent broken Thai white rice, an Asian benchmark, will drop 13 percent to $455 per ton, according to the median estimates from eight traders and analysts, compiled by Bloomberg. Global output of rice, corn, soybeans and wheat will advance to a record high as fields in the U.S. and Europe recover from last year‘s droughts, according to the USDA. Prices for wheat, corn and soybeans are already declining, contributing to overall decreases in world food costs, as tracked by the United Nations. In particular, rice stockpiles are now equal to almost three years of annual trade.―The stocks are so big, I don‘t think anyone can talk about a bottom in prices,‖
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said Geneva-based Mamadou Ciss, the president of Alliance Commodities SA, who has traded rice for almost three decades, according to Bloomberg. ―There is oversupply for sure in the world. The crops are pretty good everywhere.
‖Increasing rice inventories, which have expanded 44 percent since 2006-2007, mean less will be imported globally – dropping to 37.6 million tons, according to the estimates of the U.N.‘s Food & Agriculture Organization in Rome, the first contraction in four years.Government subsidies play a role in encouraging production, even as prices decline and stockpiles expand. Thailand, once the largest exporter, spent 588.7 billion baht ($189 billion) since October 2011, stockpiling 27 million tons of rice under a policy that paid farmers as much as 50 percent more than local prices.Last year alone, the Thai government lost about 137 billion baht through the subsidy program, according to a government estimate. Moody‘s Investors Service said last month the policy is undermining efforts to balance the budget by 2017, according to Bloomberg. The government intends to keep selling from its stockpiles, but kept the purchase price at 15,000 baht a ton this month, reversing the proposal to lower it to 12,000 baht. Thai domestic output will expand 4.5 percent to 21.1 million tons in 2013-2014, according to USDA estimate.The U.S., currently the fourth-biggest shipper of rice, will drop its output by 4.7 percent to a two-year low of 6.04 million tons, reducing the reserves to the smallest since 2009, the USDA predicts, offsetting increasing Asian production. Rough rice futures on the Chicago Board of Trade climbed 2.2 percent to $14.865 per 100 pounds since the eight-month closing low of $14.54 in March.In addition to increased production, global demand for rice is decreasing,
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according to the Food and Agriculture Organization of the United Nations. Purchases by Nigeria, the largest importer last year, will decrease by 10 percent to 2.7 million tons. Imports by Indonesia, the third largest, will slide 28 percent. ―It‘s a buyers‘ market with ample supplies of rice and other grains around the globe,‖ said Kiattisak Kanlayasirivat, a Bangkok-based director with Novel Commodities SA, which trades about $600 million of rice a year.China, on the other hand, will have a boosted external demand, according to Beijing Orient Agribusiness Consultant Ltd., a grain research company, due to the fear caused by the discovery of the toxic substance, cadmium, in some rice from southern China. The country will buy a record 3 million tons, according to the USDA. China is also buying more because it is cheaper than domestic supply, according to a report from the USDA‘s Economic Research Service unit on June 14.http://www.ibtimes.com/global-rice-stockpiles-expanding-12year-high-expected-diminish-11-trillion-global-food-import-bill
Olam targets 310,000 MT of rice in 2years The federal government‘s rice sufficiency initiative is constantly getting the support of Olams Rice Farms with the current yearly production of 105, 000 metric tonnes (MT) and the target of 310 000MT. The firm is also planning wet and dry season farming within the next two years to stem Nigeria‘s annual consumption of 5.5 million… http://businessdayonline.com/2015/11/olam-targets-310000-mt-of-rice-in-2years/
11/25/2015 Farm Bureau Market Report Rice High Low Long Grain Cash Bids - - - - - Long Grain New Crop - - - - - -
Futures:
ROUGH RICE High Low
Last Change
Jan '16 1232.0 1207.5 1215.5 -3.5 Mar '16 1258.0 1242.5 1242.5 -2.5
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1273.5 +8.0
Jul '16 1298.5 1286.0 1286.0 -12.5 Sep '16 1270.0 1263.5 1270.0 +8.5 Nov '16 1266.5 1266.5 1266.5 +5.0 Jan '17
1261.5 0.0
Rice Comment
Sudden rise in rates: Punjab, Hry allowed scam, allege Basmati growers Press Trust of India, Chandigarh
| Updated: Nov 25, 2015 23:59 IST
“It was a well-planned conspiracy of the traders to deny farmers remunerative price for their basmati crop,” Bharti Kisan Union (Ugrahan) general secretary said. (Livemint photo) With the basmati price showing an upward trend after remaining low during procurement, growers in Punjab and Haryana on Wednesday described the ―sudden rise‖ in rates as a ―big scam‖, alleging traders had paid them ―peanuts‖ for their crop under a ―well-planned conspiracy‖.Extending support to basmati growers, rice exporters blamed arhtiyas (commission agents) for the situation, saying they exploited farmers and hoarded aromatic rice varieties to make ―super profit‖. Farmers also accused the two state governments of ―turning blind eye to the scam‖. ―It was a well-planned conspiracy of the traders to deny farmers remunerative price for their basmati crop,‖ Bharti Kisan Union (Ugrahan) general secretary Sukhdev Singh Kokri said on Wednesday here. He said the Punjab government had done nothing to prevent exploitation in spite of complaints.
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The price of popular basmati variety PUSA 1121 has risen to Rs 3,100 per quintal as opposed to Rs 1,300 early this month. The price of 1509 variety also jumped to Rs 1,800 a quintal. ―What good is the price rise now when more than 90% farmers have disposed of their crop. They do not have the capacity to store it for selling it when the price is better,‖ said Kokri. The BKU (Ugrahan) demands Rs 4,500 per quintal rate for basmati 1509 and Rs 5,000 per quintal for PUSA 1121.The farmers‘ outfits had launched a massive agitation against the Punjab government and the Centre last month, paralysing rail services for a week in the state. They allege a trader-miller nexus in the purchase of 1509 variety at lower rates. ―The millers sold it for a higher rate and delivered ordinary variety to the government,‖ said BKU (Haryana) state president Gurnam Singh, demanding a high-level inquiry. Rice exporters accused middlemen and commission agents of looting farmers and them by manipulating the market. ―Commission agents bought basmati crop at very low rates and hoarded it to create artificial shortage to jack up the price. They cheated farmers and overcharged exporters,‖ said Punjab Rice Millers and Exporters Association director Ashok Sethi.Punjab and Haryana are major growers of the premium variety of rice, with about 8 lakh and 7 lakh hectares, respectively, covered in these states. http://www.hindustantimes.com/punjab/sudden-rise-in-rates-punjab-haryana-allowed-scam-allegebasmati-growers/story-tBWLZlE8L0FpfxIwTk3dRO.html
Nabarangpur has 73 rice mills that can together process 2 lt of paddy annually Written by Harish Damodaran | Nabarangpur | Updated: November 26, 2015 11:48 am
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A farmer in his paddy field. (Source: Express photo by Kameswar Rao) Lebo Randhari sold 56 quintals of paddy from his four-acre field at Gobardhanguda in Nabarangpur‘s Kosagumuda block last year, fetching him Rs 76,160 at the government‘s minimum support price (MSP) of Rs 1,360 per quintal.This farmer from the adivasi Bhatra community is a beneficiary of probably the only state-run programme that really works in India‘s poorest district.For Randhari, the benefits flow two ways. The first is as a producer, where the Odisha government guarantees purchase of 14 quintals of paddy per acre — out of his average 18-20 quintals yield — at the MSP. Secondly, as a consumer, he gets 25 kg of rice every month at Rs 1/kg through the public distribution system (PDS). This hugely subsidised rice — 300 kg annually, equivalent to 4.5 quintals of paddy — supplies roughly half his five-member family‘s 50-55 kg monthly consumption. The balance requirement he meets from his own farm‘s paddy not sold to state agencies. Paddy storage godown at Badamada in Nabrangpur district of Odisha. (Express Photo by: Kameswar Rao) Nabarangpur is an interesting case study of a poor district that is not simply self-sufficient, but surplus, in rice. In 2014-15, its estimated production, at 3.71 lakh tonnes (lt), was twice the requirement of 1.9 lt, taking a daily consumption of 400 grams per adult for a population of 13 lakh. The latter, however, also includes children whose requirement is lower.Being surplus has, in turn, allowed for instituting a system of procuring paddy from
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within the district and selling it back as milled rice to Nabarangpur‘s people. Of course, there is a cost to procuring paddy at Rs 1,360 per 100 kg, milling it and selling 66-67 kg of rice that is recovered at Re 1/kg through PDS outlets. But to extent procurement and distribution operations are confined to Nabarangpur, there are savings in transport, storage, interest and other logistics costs.
During 2014-15 (October-September), 1.60 lt of paddy worth nearly Rs 218 crore was procured from Nabarangpur‘s farmers at the declared MSP. The 1.07 lt rice from this paddy — about 29 per cent of Nabarangpur‘s production — exceeded the district‘s PDS requirement of 83,957 tonnes. ―The 20,000 tonne-plus of surplus procured rice we are supplying to Malkangiri, Rayagada and Ganjam districts,‖ informs Ramesh Padhi, Nabarangpur‘s civil supplies officer. Organisation of procurement is quite an elaborate affair. Randhari was one among Nabarangpur‘s 23,755 officially registered cultivators in 2014-15 to deliver paddy at 46 primary purchase centres affiliated to 13 LAMPS (large area multipurpose society) across the district. Randhari‘s centre at Badamada, for instance, procured 29,575 quintals from 386 farmers. They included smaller growers like Randhari as well as the likes of Jogendra Swain, who farms 115 acres at Duragam village and supplied 1,600 quintals paddy valued at Rs 21.8 lakh to the Badamada centre last year.Each purchase centre has a yard where farmers bring their paddy, besides electronic weighing machines, quality-testing equipment (moisture meter, mini grader, analysis kit) and polyethylene tarpaulins for covering the procured grain. The paddy bought is handed over to the designated miller against an acceptance note, certifying that the grain received is of ‗fair average quality‘ (FAQ). Within 3-4 days of delivery, the farmer is issued an account payee cheque by the LAMPS concerned on behalf of the Odisha State Civil Supplies Corporation.―There is corruption at times, when some of our grain is declared non-FAQ and we are paid for say, 97 kg, with the miller getting 3 kg free. But the system generally works well and we do get the MSP,‖ says
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Sadashiv Das, who cultivates paddy in four acres of his own and 40 acres of leased land at Daibhata village of Nandahandi block.Nabarangpur has 73 rice mills that can together process 2 lt of paddy annually. The individual milling capacities range from 2 to 4 tonnes per hour. ―We may be small (India‘s largest mill at Dhuri in Punjab of KRBL Ltd has a capacity of 150 tonnes/hour), but ours is the only real industry in Nabarangpur. Farmers, too, have an assured market and MSP in paddy. This is unlike for maize, sugarcane or tamarind where there are no mills or processing plants nearby,‖ notes Naditoka Mohan Rao of Sri Gupteswariamma Industries. The millers are mainly Telugu Komati Vysyas (about two-thirds), followed by Odiyas (25 per cent) and Marwaris (10 per cent).Paddy farmers are, moreover, entitled to crop loans of up to Rs 17,100 per acre, including Rs 7,100 in the form of fertiliser and seed sold by the LAMPS outlet and Rs 10,000 as cash component to pay for labour, diesel and other charges. These loans, attracting 2 per cent annual interest and available only for paddy cultivation, are made during May-September and repayable the following March. The Kosagumuda LAMPS, to which Randhari‘s Badamada centre is attached, has alone disbursed Rs 11.38 crore of cash and in-kind credit this kharif season. These funds it has sourced from the Koraput Central Cooperative Bank, with the interest subvention enabling farmers to borrow at 2 per cent coming from the state government.The district administration‘s current focus is on introducing a Paddy Procurement Automation System or PPAS, which aims at online registration of all farmers with their village name and land particulars (plot/khata number, holding size, irrigation status, etc). These will be linked to their bank accounts.―The idea is to transfer the procurement payments directly into their accounts, instead of the farmers having to go to the LAMPS for collecting the cheques. We implemented PPAS in one block (Nabarangpur) in 2014-15 and are extending it to six more (Kosagumuda, Nandahandi, Umerkote, Jharigam, Chandahandi and Raighar) this season.
By 2016-17, even the remaining three blocks (Tentulikhunti, Papadahandi and Dabugam) will be covered,‖ claims Padhi.Also, plans are underway for expanding storage capacities to accommodate the surplus rice, expected to go up with rising procurement. Currently, there are two godowns of 10,000 tonnes capacity each of Food Corporation of India and Central Warehousing Corporation and a 4,500-tonne facility of Odisha State Warehousing Corporation in Nabarangpur. The latter also has a 2,700 tonne godown at Umerkote and 500 tonnes at Raighar.―Our total storage capacity is 27,700 tonnes now. We are also creating a 5,000 tonne facility at Umerkote and another of 2,500 tonnes in Jharigham. Both these are under the Private Entrepreneurs Guarantee scheme (providing assured grain storage for 10 years to the investor, selected based on competitive bidding) and will be functional from the new procurement season beginning December,‖ adds Padhi. http://indianexpress.com/article/india/india-news-india/decoding-poverty-nabarangpur-produces-enoughrice-for-itself-and-more/#sthash.ioR7RuyZ.dpuf
News by Phil Rice
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Upland farmers cope after Lando Igorot upland farmers show resilience after typhoon Lando hit their rice farms in Sta. Cruz, Zambales. ―At the sight of my rice crops hardly beaten by strong winds and seeds kept falling on the ground, I was never disheartened because it didn‘t left me empty-handed. I still harvested few bags of traditional rice seeds,‖ 66-year-old Benita Bayao said, during their Upland Palayamanan farmer field school (FFS) graduation in Sta. Cruz, Zambales, 12 November. The Upland Palayamanan FFS in Sta. Cruz, Zambales started in April 2015. The said FFS is a program component of the Upland Rice Development Program that aims to harness the potential of the upland rice ecosystem as one of the major sources of the country‘s rice supply and other food staples.Bayao recalled that before the onset of Typhoon Lando, her fellow farmers told her to leave her farm but she insisted to stay and watch over her crops. She said that she fears nothing when she‘s in the field. Tacion Mangipay, on the other hand, shared that she stopped from cultivating rice for three years owing to the limited source of upland rice seeds and presence of various rice pests. Their seeds were from the Mountain Province. She further said that a number of people moved from the highlands of Mountain Province to the uplands of Zambales for job opportunities. They were into mining-related work. However, they were inspired to cultivate rice again through the implementation of the Upland Palayamanan FFS this year.When Mangipay joined the FFS, she received bags of Pinilisa, a traditional rice variety, which she gave two thumbs up upon seeing them grow. However, owing to Typhoon Lando, Mangipay said that from the 9-kg Pinilisa, she only harvested 6 sacks of palay. Despite the losses incurred by the typhoon, 60-year-old Mangipay said, ―I will still plant Pinilisa for the next wet season. I also plan to try other upland rice varieties.‖ Bayao and Mangipay shared that it was their first time to experience a training on rice and they were thankful. For them who cultivate rice for their own consumption, this could mean more yield thus more rice to eat. However, to mill their produce, they said that they are bringing them to the market down the mountain, which is too costly and time-consuming. According to them, the jeepneys in their place go downhill at 2 AM to reach the market at 4 AM traversing a very rough road with eroding mountains and cliffs on the side. Then, they go uphill at 1 PM. For them, a micromill is of great help to the upland community.
Museum goes mobile for health cause Rice Science Museum, in partnership with the RICEponsible campaign team, roved around Metro Manila and in Pampanga to educate the public on good nutrition this National Rice Awareness Month (NRAM). Out-of-school youth sees good future in farming Farming is now a better prospect for the youth in Nueva Ecija who went into farming after finishing few years in school.
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Research and Markets: U.S. Rice Market Report 2015 - Analysis And Forecast to 2020 November 25, 2015 12:02 PM Eastern Standard Time
DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/p6s69s/u_s_rice_market) has announced the addition of the "U.S. Rice Market - Analysis And Forecast to 2020" report to their offering. ―U.S. Rice Market - Analysis And Forecast to 2020‖ The report provides an in-depth analysis of the U.S. Rice market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry. Key Topics Covered: 1. Introduction 2. Executive Summary 3. Market Overview 4. Domestic Production 5. Imports 6. Exports 7. Competitive Landscape 8. Company Profiles Riceland Foods Riviana Foods Farmers Rice Cooperative The Sun Valley Rice Company Mars Food Us Ricetec Windmill Rice Company Farmers Rice Milling Company Sage V Foods Inharvest Louisiana Rice Mill Ricebran Technologies Louisiana Rice Mill Sunwest Milling Company Rice Planters Mill LLC Pacific Grain Products American Rice Harvest Rice Far West Rice California Family Foods Supreme Rice Mill
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Busch Agricultural Resources SOS Cuetara USA Inc. California Heritage Mills Deeja Foods Inc. For more information visit http://www.researchandmarkets.com/research/p6s69s/u_s_rice_market Contacts Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Rice and Rice Products http://www.businesswire.com/news/home/20151125005691/en/Research-Markets-U.S.-Rice-MarketReport-2015
Richland lab develops planet-friendly rice Annette Cary of the Tri-City Herald
#Rice is the staple food source for more than half the world‘s population, but it‘s hard on the planet. #With their warm, waterlogged soils, rice paddies contribute up to 17 percent of the global emissions of methane, a potent greenhouse gas.#Research led by Christer Jansson at Pacific Northwest National Laboratory in Richland has come up with a new kind of rice that not only nearly eliminates the production of greenhouse gas, but also increases the yield of rice plants to produce more food.#The research, which included work by scientists in three nations, has been named the grand prize winner for engineering in Popular Science magazine‘s annual Best Tech of the Year edition.#―As the world‘s population grows, so will rice production,‖ Jansson said when his study was published this summer in the weekly science journal Nature. ―And as the Earth warms, so will rice paddies, resulting in even more methane emissions. It‘s an issue that must be addressed.‖#Jansson has worked on a solution for more than a decade with Chaunxin Sun of the Swedish University of Agricultural Sciences, developing a new type of rice, SUSIBA 2 rice. They identified a gene in barley that directs how a plant uses carbon and introduced it into common rice.#The new rice produces a plant that can better feed its grains, stems and leaves by sending less of the carbon it pulls from the atmosphere into its root system. The methaneproducing microbes in the soil no longer have carbon to convert into methane.#Not only can the plant produce more grains, they are plumper and starchier.#―This is a win-win finding,‖ said Jansson, the director of plant sciences at the Environmental Molecular Sciences Laboratory, a Department of Energy facility at PNNL‘s Richland campus.#The 100 million tons of methane produced annually from rice paddies is a smaller percentage of overall greenhouse gases than is produced by its betterknown counterpart, carbon dioxide. #But methane is about 20 times more efficient at trapping heat in the atmosphere, making the team‘s contribution especially important for climate issues, according to PNNL.#The rice has performed
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well in field tests in China, where some of the research was done, according to Popular Science. The awards are described in the December issue of the magazine. http://union-bulletin.com/news/2015/nov/25/richland-lab-develops-planet-friendly-rice/
Back-to-back drought adds to the woes of farmers November 25, 2015 12:05 IST The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and
coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon. Farmers are faced with a multitude of problems. Cotton and basmati rice growers in Punjab and sugarcane farmers in west UP are under stress due to the non-payment of insurance and state compensation.
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Growers in Odisha, Madhya Pradesh, Bihar and Maharashtra are also hit by consecutive monsoon failures.
In the last of a two-part series, Business Standard looks at how irrigated states are also feeling the pinch. This year's story of a failed monsoon has moved beyond Maharashtra, Andhra Pradesh and Telangana, and the Bundelkhand region of Uttar Pradesh, which have been perennially droughtstricken.The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.In Odisha, deaths due to poor monsoon were a rare phenomenon. Now, around 90 farmers have allegedly committed suicide in the past two to three months owing to stress.Crop loans and scanty rainfall have damaged the lives of the growers in the state.As small and marginal farmers are deprived of institutional credit, they are forced to take loans from private money lenders. During 2015, kharif crops have been severely impacted in large parts of Odisha due to inadequate rainfall in July-August 2015 and 882,000 hectare of cropped area have suffered damage to the extent of 33 per cent.As many as 173 blocks in 25 districts have been affected. The wayward monsoon took a toll on the water levels at the major reservoirs in the state."Water levels at key reservoirs have dropped by about 20 per cent compared to last year," says an official of the water resources department.Across India, the problem of falling groundwater is well on its way to becoming one of the 21st century's defining crises.It has also added to the woes of farmers in Bihar, where agriculture continues to be the primary source of income."The entire crop has gone waste as the water level has dipped, following two back-to-back years of deficient monsoon. I'm using paddy for fodder now. There is nothing I can do about it," says Mohammed Israel of Maranga village in Purnea district of Bihar.Most of the 1,300 families in the village have suffered similar losses. Now they are pinning their hopes on maize crop, but with the price of maize ruling at 2013 level, the farmers in the area do not expect much out of it as well. Ashok Gulati, chair professor for agriculture at ICRIER, blames back-to-back drought, a rare phenomenon that has occurred only four times in the past 115 years. "Rural distress is deepening. It has broken the back of the farmers. The government, including bureaucrats, should switch from dormant mode to pro-active mode and come out with a revamped insurance scheme," says Gulati. On the contrary, the Union and the state governments have begun a blame game. Though the Centre claimed it had increased the number of employment days under the rural employment guarantee scheme and declared a subsidy on seeds, horticulture crops and fodder, it blames some states for the delay. "Seven states have declared drought in over 200 districts, but, not all have sent their memorandums for relief, we urge them to send their details so that relief can be provided to farmers as soon as possible," said agriculture minister Radha Mohan Singh.Thus far, Karnataka, Chhattisgarh, Madhya Pradesh, Maharashtra, Odisha and Uttar Pradesh have declared drought in 27, 25, 27, 21, 21 and 50 districts, respectively.In areas where farmers managed to cope with the drought, the falling prices and pests such as whiteflies - which can also be attributed to dry, hot
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weather - have put pressure on distress. In Punjab, cotton growers suffered huge losses as 40 per cent of their standing kharif crop was ravaged by the whitefly, which destroyed acres in a matter of few days.Such was the enormity of the attack that yields are expected to fall by half in 2015. Punjab, where 80 per cent of the arable land is irrigated, had to bear the brunt of sudden increase in temperatures in this monsoon season and extended dry period. The north-western parts of the country, which includes Punjab, Haryana, Uttar Pradesh and Rajasthan, had received the least amount of rainfall, at 83 per cent of the long-period average in the 2015 southwest monsoon season.To make matters worse, the weather after the monsoon and in the early winter, has been devoid of any moisture. This could impact the coming rabi winter harvest as well.Basmati rice, one of the main crops grown in Punjab, is hit by a dip in global commodity rates. Such has been the fall in prices that farmers are being forced to sell this highvalue rice at rates comparable to those of rice being sold through ration shops. "Compared to last year's average price of Rs 2,500 a quintal, the farmers are getting Rs 1,400-1,500 a quintal (on an average)," said Gurmeet Singh, a farmer from Mohali district of Punjab. In Andhra Pradesh, the familiar tale of rural distress plagues tobacco farmers due to a drop in retail prices. Farmers there, had produced 172 million kg of flue-cured Virginia, or FCV tobacco in 2014-15, of which only 142 million kg have been sold thus far, as cigarette manufacturers have lowered their annual purchases. In neighbouring Kerala, tapping of rubber had been stopped in the middle of the season in most big plantations as rubber prices crashed, both in the domestic and global markets. States bogged and how Kharif crops have been severely impacted in large parts of Odisha due to inadequate rainfall and 33% of 882,000 hectare of cropped area have suffered damage In Punjab, cotton growers suffered huge losses as 40% of their standing kharif crop was ravaged by whiteflies The north-western parts of the country, which includes Punjab, Haryana, Uttar Pradesh and Rajasthan, had received the least amount of rainfall. In Andhra Pradesh, rural distress plagues tobacco farmers due to a drop in retail prices. Farmers there, had produced 172 million kg of flue-cured Virginia tobacco in 2014-15, of which only 142 million kg have been sold thus far In Kerala, tapping of rubber has been stopped in the middle of the season in most big plantations as rubber prices crashed both in the domestic and global markets www.rediff.com
Rice Festival is good but… Ghana Rice Inter-Professional Body (GRIB) and the Rice Advocacy Council (RAC) recently organised the Ghana National Rice Festival, on the theme ‗Grow, Buy and Eat Quality Ghana Rice‘.The aim of the festival is to promote the consumption of locally-produced rice and the development of the rice industry in Ghana.The two-day festival, the second in a series, formed part of activities by GRIB to promote the production, marketing and consumption of rice produced in Ghana.Different varieties and brands of Ghana rice were showcased at the festival, which also provided an opportunity for rice farmers, marketers
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and the consuming public to interact and taste different kinds of dishes that can be prepared from Ghana rice, to whip up consumption among Ghanaians and also encourage farmers to grow more rice. This year, GRIB plans to set up 10 Rice Business Service Centres in highly-concentrated rice-producing areas in Ghana to address the problem of low productivity along the rice value-chain in Ghana, emanating from the challenge of low access to inputs and its distribution, access to credit and market, technology and equipment services, among others. It also plans to improve the quality and marketability of locally-grown rice through the development of certification for both paddy and milled rice.The importance of rice, both as a food crop to reduce hunger and as a major contributor to the national economy, cannot be underestimated.The local rice industry has the capacity to create jobs and wealth. Statistics indicate that about US$500 million is spent annually on rice imports.This money would remain and support the national economy if the industry was supported to grow.The local production of the produce falls below demand, creating a lucrative market for imported rice.The irony of our situation is that Ghana abounds in arable land for the cultivation of paddy rice and other varieties of the staple. Like the needle in the midst of tonnes of fabric but which is always naked, Ghana has the capacity to produce rice for local consumption and for export, yet we are always in want of the produce, necessitating large tonnes of imports. The country stands to gain immensely from the mass cultivation of rice because, while the local market exists, there is the potential for export to the sub-region and beyond.It is not going to be easy to break into the cartel of rice importers and get our people to patronise local rice. The journey will be long and rough but if we are determined to change our destiny for the better, we can break away from the past. http://www.ghanaweb.com/GhanaHomePage/features/Rice-Festival-is-good-but-396280
Spice up your life at Bombay Star A taste of India
Published: Wed, November 25, 2015 @ 12:00 a.m. Where: Bombay Star Address: 813 Boardman-Poland Road, Boardman Phone: 330-965-1111 Facebook:/BombayStar1
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Hours: Monday through Friday: lunch from 11 a.m. to 2:30 p.m. and dinner from 5 to 10 p.m.; and Saturday and Sunday: lunch from 11:30 a.m. to 3 p.m. and dinner from 5 to 10:30 p.m. Signature Dish: Chicken Tikka Masala Photo by: Katie Rickman Tandoori Chicken is served up to Brother‘s in Food Mike Valas and Mark Smesko during their visit to the restaurant. The dish is from the charcoal clay oven selections and features chicken marinated in yogurt and spices, herbs ginger and garlic. by: Mark Smesko &Michael Vallas Every now and then you need to break the routine and get out of your culinary comfort zone. So we decided to trek down U.S. Route 224 in Boardman and visit the Bombay Star for some Indian food. Yes, it can be daunting to try something new, but on this recent visit, serendipity played a hand and offered us a guide to our dining experience. A last-minute assignment change brought intrepid Vindicator photographer Katie Rickman to our table. ―I love Indian food,‖ said Rickman. ―I spent three weeks in India a few years ago and this is the only place I‘ve found that has food reminiscent of what I tasted over there.‖With that bit of news we relaxed a bit and were soon joined by owner and chef Deepak Sanap, who opened Bombay Star in 2011. He believes it was the first Indian restaurant in the community. Indian cuisine, explained Sanap, varies from region to region in its use of spices and ingredients and has Portuguese influences. The menu at Bombay reflects this variety of regional cuisines as well as a significant offering of vegetarian specialties. Following our impromptu education, Sanap stepped into the kitchen to prepare our meal. He started us off with a traditional appetizer, Vegetable Samosa. One of Rickman‘s favorite Indian dishes, this is a turnover stuffed with potato, carrots, peas and spices that is deep fried until crispy. These are served with a spicy mint cilantro chutney, a mild tamarind chutney and pickled onions. The samosas had a nice contrast of textures with a crispy exterior and soft mild filling. The addition of the chutneys complemented them well.Our second appetizer was Aloo Tikki Chatt: fried potato patties topped with tender chickpeas, chopped onions and tomatoes, drizzled with yogurt and the mint chutney. The chutney provided spice and the yogurt cooled things down. The chickpeas were creamy and worked well with the potatoes. While we lean toward a carnivore diet, we thoroughly enjoyed both vegetarian apps. Next we moved on to the entrees. When you order your food at Bombay Star you have an option on the level of spice. This goes from mild to the spiciest, Indian hot. Since both of us favor spicy food, we went for the hottest option.Bombay Star has a charcoal clay oven — or tandoor — where they cook their meats and breads. First up was Tandoori Chicken. This classic Indian dish takes bone-in chicken pieces that get marinated in yogurt, garlic, ginger, herbs and spices. The chicken is then cooked in the clay oven. The meat was tender and juicy with a nice smoky flavor from the charcoal. Subtle flavors and quite tasty.
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Next came Vegetable Biryani. This starts with basmati rice cooked with green peas, carrots, green beans and cilantro. Sanap served this with raita, a tangy sauce of yogurt, cucumber, tomatoes and spices. The perfectly cooked rice was a little spicy but the cool Raita contrasted it nicely.We next tried what is probably the signature and most popular dish of any Indian restaurant in America, Chicken Tikka Masala. Sanap explained that this dish did not originate in India but actually in England. It is essentially a Westernized version of traditional Indian food.Tikka Masala starts with marinated boneless chicken breasts that are baked in the tandoor. A sauce is made of ground cashews, tomatoes, cream and various spices. The chicken is simmered in the sauce prior to being served with a side of basmati rice. The dish is very creamy with hints of tomato and coriander. We ordered it Indian hot so it was fairly spicy. When you take the first bite, you really don‘t taste the spice until a few seconds after you eat it. The spice then kicks in and leaves the back of your mouth with a warming heat. Once it fades, it leaves you wanting to eat more. The entree was served with naan, an unleavened bread that is cooked in the tandoor. This was perfect for sopping up the spicy sauce.Along with the selection of spicy entrees came a glass of Mango Lassi to cool down the heat. This drink has a smoothie consistency and is made from mango puree mixed with house-made yogurt. Sweet and delicious.Finally, we tasted Saag Paneer, a signature Indian cheese that is made from whole milk. It is unaged and resembles a curd cheese. Sanap makes it fresh every day. He cooks the Paneer with spinach and spices to complete the dish, which was full of flavor and very satisfying. Again, the naan came in handy. A wonderful offering. In a few days, the hectic holiday season will begin, and with Black Friday the lines up and down Route 224 will begin. Bombay Star features a wide array of unique dishes. So if you are up for a little culinary diversity, and need a break from the hustle and bustle of shopping, take a small detour off of the main route and stop in for a taste. http://www.vindy.com/news/2015/nov/25/spice-up-your-life-at-bombay-star-atast/#sthash.BoHzWSxo.dpuf
2015 USA Rice Outlook Issue of Whole Grain is On the Presses Whole Grain All the news we could fit in ARLINGTON, VA - The special December double issue of USA Rice's award-winning publication, Whole Grain, is burning up presses in Georgia and should be in subscribers' mailboxes soon.The edition features a special pull out section on the 2015 USA Rice Outlook Conference, including the full schedule, speaker information, and a guide to the trade floor that is bursting at the seams with 59 exhibitors! Readers will also be able to learn about the implications for U.S. rice of the Trans Pacific Partnership agreement, chairman Dow Brantley's recent trip to Cuba, what Louisiana Congressman Dr. Ralph Abraham thinks needs to be done in the next Farm Bill, and much more!
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If you do not receive Whole Grain, would like to order a complimentary subscription for someone you know, or are interested in advertising in the newspaper, contact Colleen Klemczewski at (703) 236-1446 or cklem@usarice.com
Contact: Michael Klein (703) 236-1458
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CCC Announces Prevailing World Market Prices WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporationtoday 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 2015 crop, which will become effective today at 7:00 a.m., Eastern Time (ET). Prices are unchanged from the previous announcement. MLG/LDP Rate
World Price
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long Grain
15.10
9.53
0.00
Medium/Short Grain
14.60
9.79
0.00
Brokens
9.11
----
----
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
55.01/13.46
6.50
Medium/Short Grain
61.81/8.43
6.50
The next program announcement is scheduled for December 2, 2015.
CME Group/Closing Rough Rice Futures CME Group (Prelim): Closing Rough Rice Futures for November 25
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Price
Net Change
January 2016
$12.130
- $0.060
March 2016
$12.395
- $0.055
May 2016
$12.685
- $0.050
July 2016
$12.940
- $0.045
September 2016
$12.670
+ $0.055
November 2016
$12.670
+ $0.055
January 2017
$12.670
+ $0.055
APEDA Rice Commodity News International Benchmark Price Price on: 25-11-2015
Product
Benchmark Indicators Name
Price
1
Argentine 85mm, CIF NW Europe (USD/t)
2860
2
Argentine 50mm, CIF NW Europe (USD/t)
2970
3
Argentine 34mm, CIF NW Europe (USD/t)
3080
1
Chinese sliced, CIF NW Europe (USD/t)
4600
2
Chinese whole, CIF NW Europe (USD/t)
5100
3
Indian Cochin, CIF NW Europe (USD/t)
3000
Honey
Ginger
Guar Gum Powder
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1
Indian 100 mesh 3500 cps, FOB Kandla (USD/t)
2090
2
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t)
1430
3
Indian 200 mesh 5000 cps, FOB Kandla (USD/t)
2530
Source:agra-net
For more info
Market Watch Commodity-wise, Market-wise Daily Price on 25-11-2015 Domestic Prices Product
Unit Price : Rs per Qty
Market Center
Variety
Min Price
Max Price
1
Davangere (Karnataka)
Local
1300
1460
2
Sangli (Maharashtra)
Other
1500
1610
3
Dehgam (Gujarat)
Other
1400
1605
1
Dehgam (Gujarat)
Other
1120
1410
2
Attabira (Orissa)
Other
1410
1450
3
Gajol (West Bengal)
Other
1100
1200
1
Chala (Kerala)
Other
3000
3100
2
Taura (Haryana)
Other
3000
3000
3
Kolhapur (Maharashtra)
Other
800
1200
1
Palayam (Kerala)
Other
2500
3000
2
Barnala (Punjab)
Other
500
600
3
Shillong (Meghalaya)
Other
1800
2200
Maize
Paddy(Dhan)
Orange
Brinjal
Source:agmarknet.nic.in
For more info
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Egg
Rs per 100 No Price on 25-11-2015 Product
Market Center
Price
1
Pune
385
2
Chittoor
368
3
Nagapur
352
Source: e2necc.com
Other International Prices
Unit Price : US$ per package Price on 25-11-2015
Product
Market Center
Origin
Variety
Low
Potatoes
High Package: 50 lb sacks
1
Atlanta
Idaho
Russet
15.50
15.50
2
Chicago
Idaho
Russet
9
11
3
Miami
Washington
Russet
13
14
Cucumbers
Package: cartons film wrapped
1
Atlanta
Mexico
Long Seedless
14
14
2
Dallas
California
Long Seedless
17
18.50
3
Detroit
Canada
Long Seedless
10
12
Grapefruit
Package: 4/5 bushel cartons
1
Atlanta
Florida
Red
24
25
2
Detroit
Florida
Red
20
21
3
Philadelphia
Florida
Red
14
16
Source:USDA
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