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TOP Contents - Tailored for YOU Latest News Headlines…
'Pakistan capable of exporting 3.75 MT of rice to China' Rice export posts 14.50pc increase in last 11 months Opportunity beckons: Exploring China as rice export market Golden rice: modified to 'save' millions Five reasons why we fight mandatory GMO labeling Why does Europe hate GM food and is it about to change its mind? Big farm bill decisions coming up for rice producers Millers to gov’t: Stop blaming us for rice supply, price mess What’s up? Most likely power and rice prices Paddy area down 25 percent so far this Kharif at 45.12 lakh hectares Stockpiled rice mostly of good quality, ministry insists Lackluster monsoon triggers crop worries in India Rice inspection continues in Nakhon Sawan province Commerce Min: Rice inspections to help ensure glitch-free release later Sowing window available till early August: Govt Vietnam to maintain trade surplus despite sea dispute: ministry Gov’t in bid to ensure rice production despite El Nino FG approves plans to slash controversial 110% duty on rice Nagpur Foodgrain Prices - APMC & Open Market-July 8
News Detail…
Lackluster monsoon triggers crop worries in India By Biman Mukherji
NEW DELHI--Monsoon rains forecast for the first week of July across India have failed to materialize, triggering fresh concern about the likely impact on crop production and prices."Things are not progressing as we were expecting with the monsoon," D Sivanand Pai, head of the India Meteorological Department's longterm forecasting division, said Tuesday. "We were expecting a stronger revival in the first week of July."He
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said rainfall distribution had improved marginally from last month, but was being affected by Typhoon Neoguri in the western Pacific, which had sucked out moisture from the Indian subcontinent.India is a large exporter of grains such as wheat and rice to countries in the Middle East, Africa and Asia. Any fall in Indian crop production is likely to drive up international prices, according to analysts.Monsoon rains arrived over the Indian mainland in the first week of June. But since then, rainfall has been 43% below the longterm average in the period through July 2, according to data on the India Meteorological Department's website.The slow progress of the monsoon has raised concerns about prospects for Indian crops this summer-the main cultivation period for a variety for crops including rice, sugar cane, corn and oilseeds such as soybeans. The country receives 70% of its total annual rainfall during the monsoon season, which runs from June to September.One bright spot has been the formation of a low-pressure area over the Bay of Bengal this week, which should see rainfall pick up in the next two days, Mr. Pai said.Monsoon rains typically occur through a series of weather pulses, and indications were that one such formation was currently developing, he said. Write to Biman Mukherji at biman.mukherji@wsj.com
'Pakistan capable of exporting 3.75 MT of rice to China' July 08, 2014 RECORDER REPORT
Pak-China Joint Chamber of Commerce and industry (PCJCCI) President Shah Faisal Afridi has said Pakistan has potential to export 3.75 million metric tons of rice to China. While talking to Alex Pan, Chairman Ruidaloing Import and Export Company, he said China was emerging market for Pakistani rice as data in this regard indicates 244 percent increase in rice export during the last two years. He apprised the Ruidaloing Import and Export Company's Chairman about the rice crop in Pakistan and said that new hybrid rice varieties were being developed which would give maximum yield by utilising minimum input costs during water scarcity. He said that the Rice Research Institute had developed new techniques to cultivate rice through a broadcasting system instead of manual sapling plantation. Under the new technique, if farmers succeed in planting 80,000 plants in a field, they will get 6-8 mounds more production besides saving input costs up to Rs 14,000 per acre. This technique is not only cheaper but also helps save 30-35 percent irrigation water, he added. Afridi said that PCJCCI has initiated an exclusive move to double the exports of rice to China within a year. He hoped that the dream of exporting around 10 million tons of irri-6 rice to China would be transformed into reality in the near future if sustained efforts to market Pakistani rice to China are pursued with vigor focusing attention to cater to the need of Chinese Population. The response showed by the Chinese importers is overwhelming as compared to rice imported from Thailand and Vietnam, he said. It is the quality that attracted Chinese importers to Pakistani rice, he added. He was of the
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view that Pakistan could not exploit rice export potential mainly because of lacking proper planning. The government should help improve the rice exporters' capacity that could fetch more foreign exchange to national exchequer, he added.
Rice export posts 14.50pc increase in last 11 months July 08, 2014 APP ISLAMABAD - Rice exports from the country during eleven months of the financial year 2013-14 registered an increase of 14.50pc as compared to the same period of last year. During the period from July-May 2013-14, about 3,457,488 metric tons of rice worth $2.013b exported as compared to the exports of 3,154,258 metric tons valuing $1.758b during the corresponding period of last year. According the data of PBS, during the period under review exports of basmati rice witnessed 12.29 per cent increase as about 623,897 metric tons rice worth US$ 674.626 million exported which was recorded at 613,857 metric tons valuing $ 600.78 million in same period of last year.
Meanwhile, exports of others rice also grew by 15.64 per cent and reached at 2,833,591 metric tons valuing 1.338 billion which was recorded at 2,540,401 metric tons costing US$ 1.157 billion during first eleven months of last financial year.However, the data reveled that exports of wheat and sugar remained on down track as their exports witnessed 86.79 per cent and 46.12 per cent decrease respectively. During the period from July-May, 2013-14, country managed to export 20,142 metric tons of wheat valuing US$ 7.05 million as compared to 168,874 metric tons valuing US$ 53.4 million of same period last year.The data reveled that in eleven months of last financial year the exports of sugar was recorded at 580,080 metric tons costing 255.8 million as compared to the last year’s exports of 948,964 metric tons valuing US% 474.76 million of same period of last year.
Opportunity beckons: Exploring China as rice export market By Our Correspondent Published: July 8, 2014 The Rice Research Institute had developed new techniques to cultivate rice through a broadcasting system instead of manual sapling plantation. PHOTO: FILE
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Considering the surplus after meeting domestic consumption of 2.5 million tons, Pakistan is ready to export 3.75 million tons rice annually to China. According to Pak China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi, China has emerged as one of the destinations for Pakistani rice exports, as reflected in the 244% increase in rice exports to the country during the last two years.―The PCJCCI has initiated a move to double the exports to China within a year,‖ said Afridi while talking to Ruidalong Import and Export Company China’s Chairman Alex Pan. ―The dream of exporting around 10 million tons of irri-6 rice to China could turn into reality if sustained efforts to market Pakistani rice to China are pursued, focusing on the need of the Chinese population.‖
He said new hybrid rice varieties are being developed in Pakistan which would give maximum yield by utilising minimum input costs during water scarcity. The Rice Research Institute had developed new techniques to cultivate rice through a broadcasting system instead of manual sapling plantation. Under this technique, if farmers succeed in setting up 80,000 plants in a field, they will get more production besides saving input costs up to Rs14,000 per acre. This technique is not only cheaper but also helps save 30-35 % irrigation water.―The response of Chinese importers for Pakistani rice is overwhelming as compared to rice imported from Thailand and Vietnam. Our rice industry is not showing its full potential due to some internal barriers related to planning and strategic implementations. Viewing the current scenario, rice exporters deserve the patronage of government at par with textile industry to develop rice export as one of the major foreign-exchange- earning sector.‖The PCJCCI is going to launch a concrete drive to market Pakistani rice in China by creating a personalised demand among Chinese people. The body is exploring new techniques with China to improve the quality of rice. Chinese buyers prefer to buy the rice with good milling quality. Hence, the PCJCCI will manage match making of the Chinese and Pakistani entrepreneurs in this sector to increase the demand of Pakistani rice in China. Published in The Express Tribune, July 8th, 2014.
Golden rice: modified to 'save' millions 2014-07-08 07:35
Genetically modified rice, newly-developed 'golden rice'. (File, AFP) Multimedia • User Galleries • News in PicturesSend us your pictures • Send us your stories •MO risks Australia’s organic exports Farmer neighbours face off over GMO crops
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US farmers unite against GMO labellingParis - In 1992, a pair of scientists had a brainwave: how about inserting genes into rice that would boost its vitamin A content? By doing so, tens of millions of poor people who depend on rice as a staple could get a vital nutrient, potentially averting hundreds of thousands of cases of blindness each year.The idea for what came to be called "golden rice", thus named for its bright yellow hue was proclaimed as a defining moment for geneticallymodified food.Backers said the initiative ushered in an era when GM crops would start to help the poor and malnourished, rather than benefit only farmers and biotech firms."It's a humanitarian project", Ingo Potrykus, professor emeritus at the Swiss Federal Institute of Technology (ETH), one of the co-inventors of golden rice, said in a recent interview with AFP.Yet the rice is still a long way from appearing in food bowls, 2016 has become the latest date sketched for commercialisation, provided the novel product gets the go-ahead.With $30m invested in it so far, the odyssey speaks tellingly of the technical, regulatory and commercial hurdles that have beset the "biofortified food" dream. 'Bio-efficacy' First, it took scientists years to find and insert two genes that modified the metabolic pathway in rice to boost levels of beta-carotene, the precursor to vitamin A.After that came the biosafety phase, to see if the rice was safe for health and the environment, and if beta-carotene levels in lab plants were replicated in field trials in different soils and climates.There were also "bio-efficacy" experiments to see whether the rice did indeed overcome vitamin deficiency, and whether volunteers found the taste acceptable. These tests are still unfolding in the Philippines, Indonesia and Bangladesh, said Bruce Tolentino, deputy director general of the Philippines-based International Rice Research Institute (IRRI)."We have been working on this for a long time and we would like to have this process completed as soon as possible", he said.But "it depends on the regulatory authorities. That is not under our control."Antonio Alfonso at the Philippine rice research institute, which partners IRRI in the not-forprofit development of golden rice, said "it will be two or three more years before we can apply for commercialisation".The rice's yield may also have to be tweaked to boost its appeal to farmers, whose buy-in is essential, he said. Super banana Coming on the heels of golden rice is the "super banana" developed by the Queensland University of Technology in Australia with the help of the Bill and Melinda Gates Foundation. Genetically designed, like golden rice, to be enriched with beta-carotene, the bananas were sent to the United States in June for a six-week trial to measure by how much they lifted vitamin A levels in humans.If all goes well, they will start to
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be grown commercially in Uganda in 2020.Project leader James Dale said so-called cooking bananas grown as the staple food in East Africa were low in vitamin A and iron.
"Good science can make a massive difference here", he said.Other research into biofortified food has looked at boosting levels of important micronutrients in cassava and corn, also called maize, but progress has also been faltering.It took 15 years of enclosed research in the lab for British scientists this year to decide to seek permission for field trials of a plant called false flax.Engineered to create omega-3 fat, the plant could be used as feed in fish farming. It would spare the world's fish stocks, which provide food pellets for captive salmon, trout and other high-value species.Environmental groups are defiant about GM-fortified foods. Some have dubbed golden rice "fool's gold."Greenpeace, the most vocal and influential of the critics, says the risks of GM contamination to other plants and impacts on health may not emerge for years.There are also suspicions that developing countries are being used as a technological testbed, and contentions that malnutrition will not be ended by a magic bullet fired from a gene lab. "This whole vitamin A issue is a red herring," said Janet Cotter, a scientist with Greenpeace at the University of Exeter, southwestern England."Access to a better and diverse diet is what people need, not a technical fix, [not] something based solely on rice or bananas."Andrea Sonnino, chief of the Research and Extension Unit at the UN's Food and Agriculture Organisation (FAO), said ensuring food security and a decent diet were very complex.GM crops had a part to play in the solution, but not exclusively so."We have to go with a set of possible answers to problems that in many cases are technological and in many cases are not, they are social, economic and so on", he said."We have to work in different ways, and not only on the technological front."
Five reasons why we fight mandatory GMO labeling Jul 7, 2014by Elton Robinson in Farm Press Blog I got a call recently from a central Missouri farmer who wanted to share his thoughts on state initiatives to require GMO labeling of foods. He wasn’t opposed to genetic engineering and in fact, raises crops that are products of biotechnology. He thinks continued efforts to thwart GMO initiatives demonstrate to the public that commercial agriculture has something to hide. Why not drop the whole thing and let the chips fall where they may? It’s a concept I’ve wondered about myself at times. So I came up with five reasons why mandatory GMO labeling is a bad idea for everyone, not just farmers.While placing GMO information on a food label may seem the thing to do in the interests of transparency, it could actually have the opposite effect. Products made from genetically engineering are not substantially different from their non-GMO counterparts in regard to nutrition,
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safety or taste. So why would we differentiate between two identical ingredients? It would only confuse the consumer. That’s not the purpose of nutritional labels. 1. Genetically-engineered crops are safe, reduce chemical use and contribute to the long-term profitability of farmers all over the world. No one has died, gotten sick or even caught as much as a sniffle from GE crops or products made from them. Dozens of people have died from consuming tainted organic crops. 2. Mandatory GMO labeling will drive up the cost of food. A study by the Dyson School of Applied Economics and Management at Cornell University explains these costs. 3. There is already a responsible federal piece of legislation for labeling of products containing geneticallyengineered ingredients. Under this legislation, FDA will mandate the labeling the GMO foods ingredients if the agency determines there is a health, safety or nutrition issue with the GMO technology. FDA will also establish standards for companies that want to voluntarily label their products for the absence-of or presence-of GMO food ingredients. 4. There is the possibility that many consumers will not purchase items with GMO labeling because they erroneously perceive the GMO language as a warning. (Refer to No. 1). Imagine a world without genetically engineered crops – food costs would soar, yields would plummet, input costs would rise and many farmers would have to resort to less-environmentally friendly methods of controlling pests or protecting their crops.At the end of the conversation with that pleasant, plain-spoken, Missouri farmer, we agreed to disagree on mandatory GMO labeling. I do respect his opinion that continuing to fight mandatory labeling does make it seem like agriculture has something to hide. But there’s too much at stake for U.S. farmers and consumers to give into this perception.
Why does Europe hate GM food and is it about to change its mind? By Eric RandolphJuly 6, 2014 2:00 AM
Paris (AFP) - While the United States, Canada, Brazil, Argentina and China and many other countries have warmly embraced genetically modified crops, Europe remains the world's big holdout.Could this be about to change? New European Union rules now seek to clear up years of internal deadlock that could, in theory, lead to widespread cultivation of GM foods. But the fight is far from over.The EU's great GM debate pits two powerful forces against each other: green campaigners concerned about the effect of the crops on health and the environment, and the agribusiness lobby, which argues that Europe, by resisting a technology that boosts yields and rural incomes, is losing its place at the forefront of agricultural innovation.
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Only five EU countries grow GM crops at all -- Spain, Portugal, the Czech Republic, Romania and Slovakia -– and in such tiny quantities that they accounted for less than 0.1 percent of global GM cultivation last year, according to the International Service for the Acquisition of Agri-biotech Applications, which monitors the industry.Europe's fragmented politics, diverse landscapes and smaller scale farming traditions have made it less compatible with the mass-farming techniques in the Americas and China. Only one type of modified crop – a herbicide-resistant maize – is approved for cultivation in the EU, compared to 96 commercial licences granted in the United States since 1990, although Europe does import more than 30 million tonnes of GM grain for animal feed each year."Europe has perversely condemned itself to importing crops which its farmers could grow locally and banished thousands of bright scientists to other shores for reasons that are scientifically bogus," claims Brandon Mitchener, a Brussels spokesman for Monsanto, one of the US agribusinesses leading the push for GM crops. Hoping to find a way out of the deadlock, EU environment ministers last month approved new rules that would permit individual countries to make their own decisions on GM -allowing them to use "ethical" or "public order" rationales to ban crops even when scientific advisors have ruled that these strains are safe.The compromise was the result of a fraught battle, says Frederic Vincent, health spokesman for the European Commission: "Everyone was blocking the agreement for different reasons. The UK said not enough was left to science, France said too much was left to science, Germany was a mix of both thanks to its complex coalition." - Mad cow impact Genetic modification technology was not always so controversial in Europe. Even France, now one of its staunchest opponents, grew GM maize well into the 2000s until green protesters pressured the government into a ban.But Mitchener says the seeds of Europe's aversion to GM were sown in the 1990s, thanks to two factors in particular: the strength of the Green party in Germany at the crucial moment when the technology was first emerging, and then the scare over mad cow disease in Britain. "Mad cow disease caused a loss of public confidence in science. You had the British government saying beef was safe, while the EU said the opposite," he says.Unlike the US Food and Drug Administration (FDA), which commands widespread respect in the United States, equivalent bodies in Europe are often treated as pawns of industry or simply ignored, Mitchener adds."The tragedy of biotech in
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Europe is that no one listens to EFSA," he says, referring to the European Food Safety Authority, a scientific body set up partly in reaction to the mad cow disease confusion. It has consistently stated there is no risk from GM crops.
Pro-GM scientists argue GM is not inherently more dangerous to either the environment or human health than any other method of crop mutation -- whether through selective breeding or naturally through evolution.Or, for that matter, by blasting seeds with radiation, as humans have been doing for decades through the process of "mutagenesis", hoping to create mutant seeds with useful properties. More than 2,500 crops have been created in this way, including a premium barley used in Scotch whisky and disease-resistant cocoa in Guinean chocolate."In fact, GM is actually safer than most forms of breeding because we know exactly which properties are being implanted -- it’s much less random," argues Huw Jones, a GM scientist at Rothamsted Research in the UK. - Science consensus 'myth' But Greenpeace, one of the most vocal opponents, dismisses the idea of a scientific consensus on GM safety as "a myth".It argues that continued gaps in knowledge about gene manipulation should raise alarm bells, especially as the technology moves beyond single-gene transfers and into more complex experiments.It also portrays GM technology as a symbol of all that is wrong with modern mass-farming techniques. "GM crops are presented as a solution, but they are part of the problem. They are a product of a wider agricultural system that is destroying our environment. They lead to more uniformity and even greater economies of scale, when what we need is greater diversity," says Marco Contiero, EU agricultural policy director for Greenpeace.That ties in with familiar concerns about the way GM crops are commercialised. It costs the big agrochemical firms such as Monsanto or Bayer around $200 million (140 million euros) to develop the simplest GM seed, Greenpeace says, and that gets recouped through aggressive marketing and monopoly ownership of seeds that have made Monsanto in particular the bête noire of the green movement. All this means that the newly minted EU deal -- due to go before the European Parliament and Council by the end of the year -- still faces major obstacles.Environmentalists such as Jose Bove, a French Green MEP who went on hunger strike in 2008 to force France's first GM ban, complain the agreement will give gives biotech firm a direct role in lobbying governments, threatens single market principles and does nothing to protect cross-border contamination from GM seeds planted in neighbouring countries.
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With the EU still poring over the results of May Euro-elections, it is unclear how the looming political battle will pan out. Even if the GM directive passes, will national governments court the ire of environmental campaigners by permitting large-scale GM cultivation?"We're creating organisms that haven't been created in the whole of history," says Contiero. "We are not opposed to GM in principle, but this technology is only 20 years old. For that reason, we need to be absolutely cautious."
Big farm bill decisions coming up for rice producers Jul 7, 2014 Most observers - and USDA analysts - believe farmers planted more acres of rice in 2014. USDA's June 30 Acreage report said 2014 plantings are forecast up 558,000 acres from last year when growers put in one of the smallest crops on record.Because much of the increase occurred in Arkansas, long grain prices have been falling and have dropped by about $1 per hundredweight in recent weeks, says Michael Salassi, J. Nelson Fairbanks Endowed Professor of Agricultural Economics at Louisiana State University."Going through the summer the main thing that will be affecting price is that increase in acreage in Arkansas," he said in remarks shown here from his presentation at the Rice Research Station Field Day on June 25. "All of that is in long grain so you should expect to see long grain prices kind of move down. Medium grain prices should move up."Salassi said the deadline for signup for the new farm bill is months away, but farmers should be preparing for the decisions they will have to make once USDA completes the regulations for the new Agriculture Act of 2014."There are some decisions that are very important for farmers and for rice that you need to start working through the numbers now so that when the time comes to make those decisions, you're going to make the right choices. One of those will be the ability to reallocate base. Growers cannot build base, but they can reallocate base acres depending on what their planting history has been from the 2009 to 2012 crop years."Whatever the planting distribution was in those years, that will be your opportunity to switch your base," said Salassi. "So owners have the opportunity to keep base as is or if it's advantageous to you to reallocate that base. Remember, in this farm bill, no matter which option you choose payments are still made on base acres."Salassi also listed the new income support programs in the farm bill. Those will include Ag Risk Coverage or ARC, which is a revenue-based program that is based on previous revenue; Price Loss Coverage or PLC, which is focused solely on price similar to the old target price program for rice; and the opportunity to update program yields, which is open to PLC program participants. Next year, growers will also be able to participate in the Supplemental Coverage Option, which can be used to cover some of the crop insurance deductibles. Philippines to Consider More Rice Imports, Ending Subsidy By Karl Lester M. Yap Jul 7, 2014 2:44 PM GMT+0500 subsidy for farmers to cut debt at the National Food Authority, Presidential Assistant for Food Security Francis Pangilinan said.―We’re going to have to bite the bullet and make hard decisions to squarely address the issue of
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buying high and selling low,‖ Pangilinan, 50, said in an interview in his office in Manila today. ―Instead of price subsidies, my inclination is, why don’t we bring down the cost of production?‖ He declined to give more details.Philippine President Benigno Aquino is seeking to curb food inflation running at the fastest pace since 2009, boosted by the higher cost of rice, a staple food. Debt at the National Food Authority, which subsidizes farmers by buying their rice at higher prices, will probably climb to 180 billion pesos ($4.1 billion) by end-2016 without changes to the program, Aquino has said. That is about twice thedefense budget this year, according to Bloomberg calculations.―The Philippine economy could probably gain by allowing more rice imports, freeing up national resources to be directed towards other things,‖ said Edward Teather, a Singapore-based senior economist at UBS AG. The current policy doesn’t have an efficient outcome when the government is spending ―resources on a subsidy and yet the average Filipino is still paying relatively high prices,‖ he said. Imports Needed
The Philippines, the largest importer of rice in Southeast Asia and the biggest buyer in Asia afterChina, plans to import 1.4 million tons this year, including volumes agreed last year, Pangilinan said. More imports are ―needed‖ and the quantity will depend on the impact of drier weather from El Nino, the expected yield of the next harvest, and the government’s buffer stock, he said.Food prices surged 7.4 percent in June from a year earlier, while the inflation rate was 4.4 percent. Food and non-alcoholic beverages have a weightage of about 40 percent in the consumer-price index basket. Asian policy makers are under increasing pressure to curb inflation amid rising food prices. ThePhilippines in June announced it will import an additional 200,000 metric tons of rice fromVietnam, while India last month pledged to offload 5 million tons of rice, about a quarter of its stockpiles, at subsidized rates and also crack down on hoarders.Philippine domestic rice prices, which rose to a record in June, may ease by end of September as 600,000 metric tons of imports are expected to arrive this quarter, Pangilinan said. Separately, it allowed traders in February to buy 163,000 tons of rice from overseas. Record Prices
Retail prices of well-milled rice rose 20 percent from a year earlier to a record as of the third week of June, according to the Philippine Statistics Authority. The rice-subsidy program has been in place since at least 1989.―The increase in rice prices really is inflationary; it affects other products,‖ said Pangilinan, who holds a
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master’s degree in public administration from Harvard University. He was appointed to his current position in May this year.Policy makers will consider a proposal in July to adopt a free market and allow traders to import as much rice as they want, Economic Planning Secretary Arsenio Balisacan said in an interview last month.The Philippines may import 2 million tons this year and 1.8 million tons in 2015, according to the U.S. Department of Agriculture. The meeting of officials to decide on the rice policy will take place July 16, Pangilinan said. To contact the reporter on this story: Karl Lester M. Yap in Manila at kyap5@bloomberg.net To contact the editors responsible for this story: Stephanie Phang at sphang@bloomberg.netRina Chandran, Jake Lloyd-Smith
Millers to gov’t: Stop blaming us for rice supply, price mess By Anselmo Roque |Inquirer Northern Luzon 7:55 pm | Tuesday, July 8th, 2014
INQUIRER FILE PHOTO SAN JOSE CITY, Philippines—A leader of a group of rice millers in this city in Nueva Ecija province has appealed to the government to stop finger-pointing and acknowledge its fault in the rice supply mess.―They are just looking for scapegoats, possibly rice traders or millers, but the government officials concerned are the ones to be blamed for the low supply of rice and its high cost in the market,‖ said Edgardo Alfonso, president of the San Jose City Rice Millers Association, on the heels of raids being conducted by teams from the National Food Authority (NFA) and the police in Metro Manila and Central Luzon. ―At best, [their action] is only pakitang-tao (just for show),‖ he said.Alfonso said that as early as March when the farm gate prices of palay (unhusked rice) were raised to P20-P21 a kilogram for the fresh harvest and P24P25 a kg for dried grains, he already warned that the prices of milled rice would go up to more than P42 a kg.―The farmers and farm workers sold all their harvest because of the high buying price of palay. Now all of them will be looking for cheap milled rice, including the NFA rice,‖ he said. ―For the palay bought at P25 or P26 a kg, rice millers would sell this to their wholesale clients at P44-P45 a kg. It will cost much more to the consumer,‖ he said.He said the government’s rice self-sufficiency target has not
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been achieved, citing Agriculture Secretary Proceso Alcala’s public statements.Alfonso urged the government to continue its campaign against unscrupulous traders because, he said, their actions would negatively impact on others who have been following government regulations and who would rather earn honestly.He said his group has not been involved in manipulating rice supply and price and would never be.―We are more than 1,000 rice traders and rice millers. We do not meet nor do secret talks for the alleged manipulation of supply and price of rice,‖ he said. ―We are busy meeting our rice supply quotas for our respective clients.‖In Bulacan province, an official in Bocaue town said the NFA should prevent rice millers from buying NFA rice to avoid the illegal remilling and repacking of cheap rice.The source, who asked not to be named for security reasons, said while rice millers have been given permits only for milling, many have been able to buy and stock NFA rice.―Millers would rebag the NFA rice if they find the grains to be of superior quality, like those coming from Thailand or Vietnam,‖ the source said.Millers, the source said, would earn more because they could sell good quality rice they bought for P30-P32 a kg for P42 a kg.The province has 151 rice mills and warehouses and 870 NFA-registered retailers, according to Serafin Manalili, NFA manager in Bulacan. With a report from Carmela
What’s up? Most likely power and rice prices
I DON’T KNOW what to consider more disconcerting: that Malampaya will go on a Static month-long maintenance shutdown sometime next year, or that over 32,000 sacks of Marvin A. Tort allegedly adulterated rice were confiscated by authorities in a Bulacan warehouse recently. Both events, of course, tend to impact consumers by way of higher rice and electricity prices.Take away Malampaya and your power supply is tight at best, or short. The same goes for taking away 32,000 sacks of rice from the market. And short supply obviously leads to higher prices. Sadly for consumers, how the government usually deals with shortages leaves much to be desired. This early, the authorities are offering a tentative maintenance schedule for Malampaya. This is an issue in light of what occurred late last year, when it also went on maintenance shut down while several other power generators went offline for one reason or the other. Power prices shot up significantly because of the short supply, reaching unprecedented highs.To date, we are still dealing with the repercussions of that debacle -- and higher prices stymied merely on the basis of a court order. It still remains uncertain as to who is to blame for the incident, and how it is to be remedied to prevent a repeat in the future. Meantime, consumers and the power industry have both been left hanging. This week, Energy Secretary Carlos Jericho Petilla announced that the Malampaya gas facility in Palawan is again going on month-long maintenance shutdown, probably sometime March to April 2015. Thus, the power situation in the summer months will be tight. But the Department of Energy is reportedly looking at various
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options to prevent a repeat of last year’s price surge.He says one option is let the Ilijan power plant, which runs on natural gas from Malampaya, to temporarily run on diesel fuel. Of course, running the plant on diesel instead of natural gas, even for just two months, will significantly raise the price of its output for the period. Diesel is far more expensive than natural gas to fuel power plants.What we may see is yet another series of unfortunate events that will again burden consumers. Ilijan will be made to operate on more expensive fuel when demand for electricity is high because of the summer heat. Couple this with low to zero production from hydroelectric power facilities in Luzon due to limited rainfall.Low power production + high power consumption + expensive fuel for Ilijan = more expensive electricity. That is, if no other baseload plants conk out during the period or are forced to undergo maintenance as well. Shortage, thus outages and rotating blackouts, are a distinct possibility, while more expensive power is a foregone conclusion -- even if new baseload plants come online before then.The government has seven to eight months to plan for this, but one can only wonder how it intends to remedy the situation to protect consumers. Such protection, of course, must be balanced with the interest of the power industry. But based on how the government dealt with the Malampaya shutdown last year, I doubt if it can go beyond making consumers pay the full price for power. One option is to reschedule Malampaya’s shutdown to the wet season. Based on consumption and production trends, the government should determine the time of year when power production is relatively easy and cheap, and with hydropower fully online, while demand and consumption is average and not high. Perhaps prices will be easier to forecast during such a period.This will not be feasible, however, if the shutdown is premised on expansion and the installation of new facilities, which need to be down during the dry months to make sure that any installation will not be disturbed by bad weather. After Yolanda last year, even Palawan now is no longer safe from the threat of typhoons.Like I said, the government has seven months to figure things out. It will be the height of incompetence and lack of sensitivity to public welfare if the authorities fail once more on the issue of Malampaya’s shutdown, like what happened last year. Seven months is long enough to plan, consider, and implement remedial measures.Dealing with consumer demand-supply issues is never easy. Our power situation already indicates this. The additional concern to date involves food, particularly the rising price of rice. And illicit rice trade is partly to blame. Sadly, the government has long known about illicit rice trade, and yet why does it move against cartels only now?The authorities just raided a warehouse in Bulacan and reportedly seized 32,000 sacks of adulterated rice. At 25 kg per sack, that’s 800 tons of adulterated rice. One can only imagine the extent of this particular illegal operation if it can warehouse 800 tons at any given time.What bothers me is how the trader, identified as Purefeeds Corporation owned by a certain Jojo Soliman, managed to source tons of imported broken rice from Vietnam intended for animal feeds. He also reportedly sourced tons of imported Blue Diamond rice from Thailand. The two varieties are combined and then repacked and sold as ―Golden Bee‖ Premium Sinandomeng rice.The company is distributing to the market rice that is obviously unfit for human consumption. It seems to have cheated on the importation from Vietnam and Thailand, and is again cheating on retail distribution. It even uses trucks that reportedly use logos and license plates from the National Food Authority. How could it have warehoused 800 tons of rice without anyone noticing? Also considering that Purefeeds is reportedly only
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authorized to engage in the business of commercial animal feeds.The funny thing is, this seems to be a longtime operation, and yet it was stopped only now. One old news report from 2008 already carried the complaints of the Kilusang Magbubukid ng Pilipinas regarding rice trading, with then KMP chair Rafael Mariano pointing to a rice cartel. At the time, Mariano referred to the ―Binondo 7‖ group that was first exposed in a privilege speech by then Senator Teofisto Guingona in 1990, who alleged that members of the group were Joaquin Go Soliman, Pio Sy Lato, Ramon Ang Syson, Gil Go, Leonicio Tan, Janet Tio and Teofredo Co. Now, we have a certain Jojo Soliman of Purefeeds.That cartel issue was first mentioned in 1990 -- 24 years ago. And we seem to have a problem with rice cartels still. So, what happened in the last 24 years? Marvin Tort is a former managing editor of BusinessWorld, and former chairman of the Philippine Press Council. matort@yahoo.com
Paddy area down 25 percent so far this Kharif at 45.12 lakh hectares Publish Date: 08 Jul 2014, 08:10 AM Last Updated: 08 Jul 2014, 08:10 AM Sowing area of pulses has declined by 66 per cent to 7.5 lakh hectares as on July 4 as against 21.84 lakh hectares in the corresponding period of last year. Oilseeds acreage has fallen sharply by 77 percent to 14.49 lakh hectares, while coarse cereals sowing is down by 58 percent to 27.93 lakh hectares in the period under review. Monsoon rainfall for the country as a whole during June 2014 was below normal by 43 per cent, according to the Met Department. Sugarcane has been planted in 43.92 lakh hectares so far this year compared with 45.20 lakh hectares in the year ago period. Area under coverage for cotton fell to 35.42 lakh hectares so far compared with 55.77 lakh hectares in the corresponding period of last year. "As per the latest reports of sowing of kharif crops, kharif sowing area has crossed 182.40 lakh hectare," an official statement said.Total Kharif sowing in the year-ago period stood at
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318.90 lakh hectares in the year-ago period.India produced a record 264.38 million tonnes of foodgrains in the 2013-14 crop year (July-June) on the back of good monsoon last year.
Stockpiled rice mostly of good quality, ministry insists Petchanet Pratruangkrai The Nation July 9, 2014 1:00 am
Prime Minister
Most of the rice in the government's stocks is in good condition, the Commerce Ministry claims.The statement followed daily reports from inspection teams about low-quality rice in the government's warehouses after the inspections started last Thursday.Boonyarit Kalayanamit, spokesman for the ministry, said most of the rice had been stored under good conditions and had not deteriorated as much as these reports implied."Only some lots of rice, which had not been kept according to standards, have deteriorated in quality. Rice consumers and traders should not panic over the news reports.
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The government has been highly efficient in its stockpiling of rice. The inspection has not yet been completed. The government will surely not sell bad-quality rice," he said.He added that once the nationwide inspection is complete, it would soon provide clear evidence rather than rumours about the total amount in the stockpiles and rice quality.To ensure that consumers and foreign buyers do not lose their confidence in the quality of Thai rice, the ministry has instructed its overseas trade officials to send clarifying letters to foreign importers and the rice-import agencies of each trading partner.Since July 3, the military's ruling National Council for Peace and Order has sent 100 teams to inspect rice volume and quality at more than 1,800 warehouses nationwide. The inspection teams are to complete their work by the end of this month.
Lackluster monsoon triggers crop worries in India 0
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By Biman Mukherji NEW DELHI--Monsoon rains forecast for the first week of July across India have failed to materialize, triggering fresh concern about the likely impact on crop production and prices."Things are not progressing as we were expecting with the monsoon," D Sivanand Pai, head of the India Meteorological Department's longterm forecasting division, said Tuesday. "We were expecting a stronger revival in the first week of July."He said rainfall distribution had improved marginally from last month, but was being affected by Typhoon Neoguri in the western Pacific, which had sucked out moisture from the Indian subcontinent.India is a large exporter of grains such as wheat and rice to countries in the Middle East, Africa and Asia. Any fall in Indian crop production is likely to drive up international prices, according to analysts. Monsoon rains arrived over the Indian mainland in the first week of June. But since then, rainfall has been 43% below the long-term average in the period through July 2, according to data on the India Meteorological Department's website.The slow progress of the monsoon has raised concerns about prospects for Indian crops this summer--the main cultivation period for a variety for crops including rice, sugar cane, corn and oilseeds such as soybeans. The country receives 70% of its total annual rainfall during the monsoon season, which runs from June to September.One bright spot has been the formation of a low-pressure area over the Bay of Bengal this week, which should see rainfall pick up in the next two days, Mr. Pai said.Monsoon rains typically occur through a series of weather pulses, and indications were that one such formation was currently developing, he said. Write to Biman Mukherji at biman.mukherji@wsj.com
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Rice inspection continues in Nakhon Sawan province Date : 8 กรกฎาคม 2557 NAKHON SAWAN, 8 July 2014 (NNT) - Ministry of Interior Inspector-General Phichet Phaibunsiri along with his entourage visited silos in Lat Yao District, Nakhon Sawan province. The team have inspected the silos according to orders of the National Council for Peace and Order (NCPO), particularly at the Pimjirapa warehouse, which stores rice received from the pledging program manufactured in 2013/2014. However, some piles of rice sacks were found to not match the stated year. Rice stored in the warehouse belongs to the 2013/2014 batch but the rice sacks were labeled as 2012/2013. Moreover, some piles of rice sacks were found to be broken-milled rice and over 5,000 sacks were found unidentified without any dates of manufacturing or place of origin. The inspector-general will collect samples of the rice for further investigation.
Commerce Min: Rice inspections to help ensure glitch-free release later BANGKOK, 8 July 2014 (NNT) – The Ministry of Commerce has given assurances that the current survey of rice stocks will help establish clarity in regard to the total amount being kept which will facilitate the release of the grain to the market in due course. After teams of inspectors were dispatched to rice warehouses nationwide, Spokesman for the Commerce Ministry Boonyarit Kalayanamit pointed out that the process was to clear up the ambiguity surrounding the quantity and quality of rice being stored in state-owned warehouses as part of the previous government’s rice pledging scheme. Once confirmed data has been obtained from the inspections, the Commerce Ministry will be able to come up with a concrete strategy for the sale of the rice grain based on its type and quality. Mr Boonyarit said the ministry had assigned related units to restore trust among importing countries in the quality of Thai rice and make them understand that Thailand would never jeopardize its reputation by mixing substandard rice with the quality grains.
Sowing window available till early August: Govt NEW DELHI, JULY 8: Delay in onset of monsoon and its slow progress have led to late sowing of paddy, pulses, oilseeds and cotton, but the sowing window is available till early August and its coverage is expected to improve with progress of rains, the Government told the Lok Sabha today.Agriculture Minister Radha Mohan Singh said the Government has taken several measures to address ―any situation‖ arising due to deficiency in rainfall.―Delay in onset of monsoon and its slow progress has caused delay in sowing of paddy, pulses, oilseeds and cotton, but the sowing window is available till early August and sowing coverage is expected to improve with further progress of monsoon,‖ he said during Question Hour.
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He said the stock of wheat and rice in the central pool is well above buffer norms and is sufficient to meet food security requirements of the country.The Central Research Institute of Dryland Agriculture, in collaboration with the State Agriculture universities, has prepared contingency plans for 500 districts for implementing location-specific interventions to sustain agriculture production in the ―eventuality of a weak monsoon or deficient rainfall,‖ the Agriculture Minister said. He said state Governments have been asked to ensure availability of short duration and drought tolerant varieties of seeds so as to be in a position to supply them to farmers in case such a need arises.The States have also been advised to keep aside 10 per cent of funds available under the Rashtriya Krishi Vikas Yojna and other schemes for undertaking appropriate interventions to mitigate any situation arising out of deficient rainfall.Responding to a supplementary, Singh said while there are several schemes dealing with water conservation, more are likely to be announced and the general Budget will throw more light on the issue. Replying to another supplementary, he said certain changes were brought in the Krishi Beema Yojna, but some States including Gujarat, Haryana and Madhya Pradesh had opposed it, leading to its postponement. Some states had objected to higher rates of premium for farmers.Meanwhile, Speaker Sumitra Mahajan said if members desire, a 30-minute discussion on the issue of monsoon and agriculture can be held during the session. (This article was published on July 8, 2014)
Vietnam to maintain trade surplus despite sea dispute: ministry Posted on JULY 8, 2014 Written by TUOITRENEWS LEAVE A COMMENT Vietnam is forecast to be able to log a trade surplus in 2014 thanks to efforts from local businesses and the excellent performance of foreigninvestors, the Ministry of Industry and Trade said Tuesday. The country’s imports stood at US$69.561 billion in the first six months of this year, up around 11 percent compared to the same period of last year, the ministry said at a meeting to sum up its operations in the first half.Export data also jumped 14.9 percent year on year to $70.88 billion.The Southeast Asian country thus managed to maintain a trade surplus in the firstsix months of the year, even though import-export activities in May and June were marred by a dispute at sea. Tension remains high in the East Vietnam Sea, where a Chinese-run drilling rig has been illegally sitting since the beginning of May, despite strong protests from Hanoi.The Ministry of Industry and Trade admitted, however, that the oil rig rift has had impacts on Vietnamese exports to China.Exports of fruit, vegetables, rice, and rubber posted slight declines, according to the ministry.Vietnam still had to import much from China, with
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import turnovers rising 30.1 percent and 11.4 percent month-on-month in May and June, during which Beijing refused to remove its illicit facility from Vietnamese waters.Mobile phones and spare parts remained Vietnam’s export staple, bringing in more than $11.6 billion in export revenues, according to the ministry. They were followed by textile and garment, footwear, and computers and electronics.The Ministry of Industry and Trade forecast that Vietnam will continue to keep the trend of a positive trade balance in the second half of this year.Full-year exports are projected to reach $146 billion, up 10.6 percent from a year earlier, while imports are predicted to top $145.5 billion, a 10.2 percent year-on-year increase.This would mean a $500 million trade surplus for Vietnam, the ministry said.Vietnam reported a $10 million trade surplus in 2013, according to figures released by the Vietnam Customs.The General Statistics Office had earlier estimated the figure to be $863 million, but Vietnam incurred a sudden $600 million trade deficit in the last month of that year, narrowing the surplus to only $10 million.
Gov’t in bid to ensure rice production despite El Nino MANILA, Philippines (Xinhua) – The government has come up with plans to reduce rice production risks due to looming El Nino, a senior government official said today.Agriculture Assistant Secretary and concurrent National Rice Program Director Edilberto de Luna said the department has begun various strategies such as cloud seeding operations, releasing rice varieties that are tolerant to drought, and enforcing initiatives in water management and conservation measures.Modern farming and fishery technologies have also been utilized to cushion the effects of El Nino, said the official. ―We will not be caught unprepared, especially now that the weather is becoming harder and harder to predict,‖ he said.Despite the recent rains, the Department of Science and Technology earlier said El Nino may still occur and peak by the end of the year.Besides preparing for El Nino, the National Rice Program also intends to increase the volume and percentage share of the first semester rice output, the official said.Headlines ( Article MRec ), pagematch: 1, sectionmatch: 1The 2013 first semester harvest was 7.998 million metric tons, representing 43 percent of the country’s total rice production.
FG approves plans to slash controversial 110% duty on rice July 8, 2014 | Filed under: Agricultural Business,main story | Author: AMAKA ANAGOR
As part of its determination to encourage investment in the rice value chain through backward integration, the Federal Government has approved plans to slash the controversial 110 percent import duty and levy on rice.This is as President Goodluck Jonathan has approved the new three-year (2014-2017) fiscal policy measure on rice with effect from May 26,
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2014.The policy, which started in January 2013 with the aim of discouraging importation and encouraging local rice production, was seen to have succeeded in promoting smuggling of the commodity through the land borders.
According to the new fiscal policy, imported husked-brown, paddy, unprocessed and semi-milled or wholly milled rice was reduced to 20 percent levy and 10 percent duty for investors that have rice milling capacity while importation by full-time traders would attract 60 percent levy and 10 percent duty.The Federal Government had given all importers of rice with shiploads waiting at various nation’s seaports Friday, June 13, 2014, to clear the rice upon submission of a letter of indemnity to the Nigeria Customs Service (NCS). This indemnity enabled the importers to clear their consignments without paying additional demurrage. Disclosing these, a senior government official close to the Ministry of Finance, said Ngozi Okonjo-Iweala, coordinating minister for the economy and minister of finance, is expected to convey the president’s approval to Anyim Pius Anyim, secretary to the government of the federation; Akinwunmi Adesina, minister of agriculture; Olusegun Aganga, minister of industry, trade and investment; Abdullahi Inde Dikko, comptroller-general of Customs and Kabir Mashi, acting chairman, Federal Inland Revenue Service, amongst others, to ensure strict compliance and other necessary actions. The circular dated June 16, 2014 reads in part: ―This is to inform that pending when the next fiscal policy measures on rice are issued, all importers of rice with shiploads already awaiting clearance at Nigerian ports should be allowed to clear their consignments upon the submission of a letter of indemnity to Customs. The indemnity is to allow them clear their various consignments of rice without attracting further demurrage, pending when the next 2014 duty rates and levies are announced, at which point they will pay the new rates accordingly.‖
Nagpur Foodgrain Prices - APMC & Open Market-July 8 Tue Jul 8, 2014 3:34pm IST Nagpur, July 8 (Reuters) - Gram prices in Nagpur Agriculture Produce and Marketing Committee (APMC) reported down on poor demand from local traders amid high moisture content arrival. Lacklustre trading activity on NCDEX, downward trend in Madhya Pradesh gram prices and increased supply from producing regions also pulled down prices, according to sources.
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FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market but demand was poor trading activity.
TUAR * Tuar gavarani recovered in open market on increased demand from local traders amid thin supply from producing regions. Delay in monsoon arrival also activated stockists.
* In Akola, Tuar - 3,900-4,200, Tuar dal - 5,800-6,100, Udid at 6,500-6,800, Udid Mogar (clean) - 7,600-8,100, Moong - 7,200-7,600, Moong Mogar (clean) 8,600-9,300, Gram - 2,200-2,400, Gram Super best bold - 3,200-3,500 for 100 kg.
* Wheat, rice and other commodities remained steady in open market in thin trading activity, according to sources.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS Gram Auction
Available prices 2,000-2,360
Gram Pink Auction
n.a.
Previous close
2,060-2,400 2,100-2,600
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Tuar Auction
n.a.
Moong Auction
3,850-4,420
n.a.
Udid Auction
4,400-4,700
n.a.
Masoor Auction
4,300-4,500
n.a.
Gram Super Best Bold
2,600-2,800 3,800-3,900
Gram Super Best
3,800-3,900
n.a.
Gram Medium Best
3,400-3,600
3,400-3,600
Gram Dal Medium
n.a.
Gram Mill Quality
2,950-3,050
2,950-3,050
Desi gram Raw
2,750-3,000
2,750-3,000
Gram Filter new
n.a.
3,300-3,500
Gram Kabuli
3,300-3,500
8,000-9,500
Gram Pink
7,200-7,400
Tuar Fataka Best
8,000-9,500 7,200-7,400
6,400-6,700
Tuar Fataka Medium
6,400-6,700
6,200-6,400
Tuar Dal Best Phod
5,800-6,000
Tuar Dal Medium phod
6,200-6,400 5,800-6,000
5,500-5,800
5,500-5,800
Tuar Gavarani
4,550-4,650
4,500-4,600
Tuar Karnataka
4,300-4,400
4,300-4,400
Tuar Black
7,700-8,000
Masoor dal best
6,100-6,300
Masoor dal medium Masoor
5,900-6,100 n.a.
7,700-7,800 6,100-6,300 5,900-6,100
n.a.
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Moong Mogar bold
8,500-9,300
Moong Mogar Medium best Moong dal super best Moong dal Chilka
8,500-9,300
7,900-8,300
7,700-8,100
7,700-8,100
7,500-8,500
7,500-8,500
Moong Mill quality
n.a.
Moong Chamki best
7,800-9,000
n.a.
Udid Mogar Super best (100 INR/KG) Udid Mogar Medium (100 INR/KG) Udid Dal Black (100 INR/KG) Batri dal (100 INR/KG)
6,200-7,000
2,850-2,950 3,100-3,300
3,500-3,600
3,500-3,600
5,000-5,600
1,200-1,500
Wheat Mill quality(100 INR/KG)
1,200-1,500 1,600-1,850
1,200-1,400
1,200-1,400
1,900-2,200
Wheat Lokwan medium (100 INR/KG) Lokwan Hath Binar (100 INR/KG) MP Sharbati Best (100 INR/KG)
5,000-5,600
1,600-1,850
Wheat Lokwan best (100 INR/KG)
1,900-2,200
1,600-1,800
n.a.
2,500-3,200
2,000-2,400
1,100-1,300
1,600-1,800
n.a.
2,500-3,200
MP Sharbati Medium (100 INR/KG) Wheat 147 (100 INR/KG)
6,200-7,000
3,900-4,800
3,100-3,300
Watana Green Best (100 INR/KG)
7,600-8,000
5,500-6,400
2,850-2,950
Watana White (100 INR/KG)
Wheat Filter (100 INR/KG)
7,600-8,000
5,500-6,400
Lakhodi dal (100 INR/kg)
Wheat 308 (100 INR/KG)
7,800-9,000
3,900-4,800
Watana Dal (100 INR/KG)
7,900-8,300
2,000-2,400
1,100-1,300
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Wheat Best (100 INR/KG)
1,500-1,800
Rice BPT (100 INR/KG) Rice Parmal (100 INR/KG)
1,500-1,800
2,900-3,200 1,600-1,800
2,900-3,200 1,600-1,800
Rice Swarna old (100 INR/KG)
2,700-2,900
2,600-2,800
Rice HMT (100 INR/KG)
4,000-4,300
4,000-4,300
Rice HMT Shriram (100 INR/KG)
4,600-5,200
Rice Basmati best (100 INR/KG)
10,400-13,000
Rice Basmati Medium (100 INR/KG) Rice Chinnor (100 INR/KG)
Jowar CH-5 (100 INR/KG)
10,400-13,000
7,300-10,000
5,000-5,400
Jowar Gavarani (100 INR/KG)
4,600-5,200
1,300-1,500 1,600-1,700
7,300-10,000
5,000-5,400 1,300-1,500 1,600-1,700
WEATHER (NAGPUR) Maximum temp. 37.5 degree Celsius (99.5 degree Fahrenheit), minimum temp. 27.1 degree Celsius (80.8 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : nil FORECAST: Partly cloudy sky. Rain or thunder-showers likely towards evening or night. Maximum and Minimum temperature likely to be around 38 and 28 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
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