26th February ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

Daily Exclusive ORYZA Rice E-Newsletter

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www.ricepluss.com www.riceplusmagazine.blogspot.com

February 26,2016 Vol 7,Issue II


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Global Rice Quotes February 26th, 2016

Long grain white rice - high quality

Thailand 100% B grade 365-375 ↔

Vietnam 5% broken 350-360 ↔

India 5% broken 360-370 ↔

Pakistan 5% broken 335-345 ↔

Myanmar 5% broken 420-430 ↔

Cambodia 5% broken 410-420 ↔

U.S. 4% broken 455-465 ↔

Uruguay 5% broken 445-455 ↔

Argentina 5% broken 435-445 ↔

Long grain white rice - low quality

Thailand 25% broken 345-355 ↔


Pakistan 25% broken 305-315 ↔

Cambodia 25% broken 395-405 ↔

India 25% broken 325-335 ↔

U.S. 15% broken (sacked) 440-450 ↔

Long grain parboiled rice

Thailand parboiled 100% stxd 365-375 ↔

Pakistan parboiled 5% broken stxd NQ ↔

India parboiled 5% broken stxd 350-360 ↔

U.S. parboiled 4% broken 480-490 ↔

Brazil parboiled 5% broken 520-530 ↔

Uruguay parboiled 5% broken NQ ↔

Long grain fragrant rice

Thailand Hommali 92% 665-675 ↔

Vietnam Jasmine 415-425 ↔

India basmati 2% broken NQ ↔

Pakistan basmati 2% broken NQ ↔

Cambodia Phka Mails 760-770 ↔

Brokens

Thailand A1 Super 325-335 ↔


Pakistan 100% broken stxd 285-295 ↔

Cambodia A1 Super 335-345 ↔

India 100% broken stxd 260-270 ↔

Egypt medium grain brokens NQ ↔

U.S. pet food 280-290 ↔

Brazil half grain NQ ↔


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All prices USD per ton, FOB vessel, oryza.com

March 7 the EU to Vote on Relicense of

Glyphosate

Feb 26, 2016

European environmental organizations, some scientistics, and organic farmers are seeking to stop

the use of glyphosate in European Union (EU) agriculture. The Italian movement is using the

hashtag #stopglifosato.

In early 2015, the International Agency for Research on Cancer (IARC), the cancer-research arm

of the World Health Organization (WHO), announced that glyphosate, the world’s most widely

used herbicide, is probably carcinogenic to humans.

In November 2015, the European Union’s food watchdog, the European Food Safety Authority

(EFSA) ruled that glyphosate was unlikely to be carcinogenic. Now the the European

Commission plans to grant a new 15-year lease to relicense glyphosate, a move being fought by

critics of the herbicide.

On March 7, EU national representatives will vote on whether to relicense glyphosate

Thailand Rice Sellers Lower Some of Their

Quotes Today; Other Asia Rice Quotes

Unchanged

Feb 25, 2016

Thailand rice sellers lowered their quotes for Hommali rice by about $5 per ton to about $665-

$675 per ton today. Other Asia rice sellers kept their quotes unchanged today.

5% Broken Rice

Thailand 5% rice is indicated at around $355 - $365 per ton, about $5 per ton premium on

Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $360

- $370 per ton, about $25 per ton premium on Pakistan 5% rice shown at around $335 - $345 per

ton.

25% Broken Rice


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Thailand 25% rice is indicated at around $345 - $355per ton, about $5per ton premium on

Vietnam 25% rice shown at around $340- $350 per ton. India 25% rice is indicated at around

$325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice shown at around $305 -

$315 per ton.

Parboiled Rice

Thailand parboiled rice is indicated at around $365 - $375per ton. India parboiled rice is

indicated at around $350 - $360 per ton, about $55 per ton discount to Pakistan parboiled rice

last shown at around $405 - $415 per ton.

100% Broken Rice

Thailand broken rice, A1 Super is indicated at around $325 - $335 per ton, on par with Vietnam

100% broken rice shown at around $325 - $335 per ton. India's 100% broken rice is shown at

around $260 - $270 per ton, about $25 per ton discount to Pakistan broken sortexed rice shown at

around $285 - $295 per ton.

Thailand Announces Long-Term Rice

Strategy to Boost Consumption and Limit

Production

Feb 25, 2016

The government of Thailand has announced a long term rice strategy, scheduled to being next

year, in hopes of increasing domestic rice consumption and limiting domestic rice production,

according to the Thai PBS.

The Prime Minister is reported saying the nation’s average per capita rice consumption has fallen

from 190 kilograms per year to 106 kilograms over the last decade.

The plan is also supposed to supply farmers with high-quality seeds and financing, in addition to

encouraging them to rotate crops for better soil health.

Indian Scientists to Develop Hearty Rice

Variety Using Resistance of a Weed with

Historical Significance

Feb 25, 2


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Researchers at M S Swaminathan Research Foundation (MSSRF), Chennai, India are trying to

develop rice varieties that can yield rice in drought conditions. After studying about 12 years,

researchers have identified genes in Prosopis juliflora, a weed that can thrive in adverse

conditions like soil salinity and drought. Using the genetic makeup of the weed, researcher can

develop transgenic rice grains that can also cope with salinity and drought.

Prosopis juliflora is native to south and central America and the Caribbean, grows fast and is

tolerant to arid conditions and saline soil. The plant was introduced to India during the 1870s, by

the British to meet firewood shortages but quickly took over and adversely affected the

biodiversity of parts of India, according to the Times of India.

The research team at MSSRF is also looking at other plants that show similar stress tolerance

like Avicennia marina, a halophytic (salt loving) plant and Chrysopogon zizanioides (vetiver), a

perennial grass.

Common Wholesale Basmati Rice Prices

Advance, Catching up with an Increase in

Pusa 1121 Earlier This Week


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Feb 25, 2016

Wholesale basmati rice prices in the national capital are mixed today, according to data from the

Press Trust of India (PTI).On February 25, 2016, prices of Pusa 1121 held steady at Rs.4,100 -

5,000 per quintal (around $597 - $728 per ton).

Prices of common basmati increased, catching up with a previous rise in Pusa 1121 on February

23. Common basmati rice is quoted Rs. 100 higher to around Rs.5,400 - 5,500 per quintal

(around $786 - $801 per ton).

Oryza U.S. Rough Rice Recap - Cash Prices

Fall after IGB Fails to Award Tender

Feb 26, 2016

The U.S. cash market was seen materially weaker today after the Iraqi Grain Board failed to

make any awards on their latest tender.

Analysts note that it is not uncommon for the IGB to request an extension on the validity of the

offers; however, many believe that they will cancel this tender and reissue another tender in the

coming weeks.


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Many in the industry believe that they will include South American origin on their next tender

which was excluded on this tender.

In the meantime, the USDA reported that cumulative net export sales for the week that ended on

February 18th

, totaled 55,800 tons, a decrease of 38% from the previous week but 9% higher than

the prior 4-week average.Increases were reported for the following destinations: 15,400 tons to

Japan, 11,500 tons to Haiti, 9,500 tons to unknown destinations, 8,300 tons to Mexico, and

4,000 tons to Canada which was partially offset by a 200 ton reductions from Belgium.

U.S. rice exporters shipped 68,500 tons, an increase of 80% from than last week and 62% higher

than the prior 4-week average.Increases were reported for the following destinations: 22,700 tons

to Costa Rica, 18,000 tons to Mexico, 14,000 tons to Haiti, 4,200 tons to Canada, and 2,800 tons

to South Korea.

Oryza CBOT Rough Rice Futures Recap -

Chicago Rough Rice Futures Collapse as

Iraqis Cancel Latest Tender

Feb 26, 2016

Chicago rough rice futures for Mar delivery settled 22.5 cents per cwt (about $5 per ton) lower at

$10.435 per cwt (about $230 per ton). The other grains finished the day with mixed results;

Soybeans closed about 0.8% lower at $8.6550 per bushel; wheat finished about 0.6% higher at

$4.5400 per bushel, and corn finished the day about 1.1% lower at $3.6050 per bushel.U.S.

stocks traded higher Thursday, following the prior day's massive intraday reversal, as low oil

prices continued to weigh. The major averages fluctuated between slight gains and losses, after

opening higher following a better-than-expected durable goods report. Also weighing on

sentiment was the overnight 6.4% plunge in the Shanghai composite, while the Hang Seng lost

nearly 1.6%. In contrast, Japan's Nikkei 225 rose 1.4%.European stocks pared gains but held

about 2% higher.

The STOXX Europe 600 Banks outperformed, briefly trading more than 4% higher but still more

than 30% below its 52-week intraday high. In afternoon trade, the Dow Jones industrial average

rose 131 points, or 0.8%, to 16,616. The S&P 500 rose 12 points, or 0.64%, to 1,942, with

financials leading nince advancers and energy the only decliner. The Nasdaq composite gained

15 points, or 0.33%, to 4,557. Gold is seen trading about 0.2% lower, crude oil is seen trading

about 2.1% higher, and the U.S. dollar is seen trading about 0.1% lower at about 1:15pm

Chicago time.Wednesday, there were 3,105 contracts traded, down from 3,959 contracts traded

on Tuesday. Open interest – the number of contracts outstanding – on Wednesday increased by

390 contracts to 12,773.

Exclusive News have been shared with written permission of ORYZA.com with thanks.

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26th February ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine