Daily Global Rice E-Newsletter 2016
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Vol 7,Issue V May 24 ,2016
Daily Global Rice E-Newsletter 2016
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Editorial Board Chief Editor
Hamlik Managing Editor
Abdul Sattar Shah
Rahmat Ullah
Rozeen Shaukat English Editor
Maryam Editor
Legal Advisor
Advocate Zaheer Minhas
Editorial Associates
Admiral (R) Hamid Khalid
Javed Islam Agha
Ch.Hamid Malhi
Dr.Akhtar Hussain
Dr.Fayyaz Ahmad Siddiqui
Dr.Abdul Rasheed (UAF)
Islam Akhtar Khan Editorial Advisory Board
Dr.Malik Mohammad Hashim Assistant Professor, Gomal University DIK
Dr.Hasina Gul Assistant Director, Agriculture KPK
Dr.Hidayat Ullah Assistant Professor, University of Swabi
Dr.Abdul Basir Assistant Professor, University of Swabi
Zahid Mehmood PSO,NIFA Peshawar
Falak Naz Shah Head Food Science & Technology ART, Peshawar
Today Rice News Headlines...
CPRMA delegation meets CM
5 Iloilo towns selected for rice initiative program
Thai govt mulls compulsory insurance on rice crops
Department of Foreign Trade to discuss the sale of rice with African
nations
BEARISH ON RICE, WHEAT, CORN AND SOYBEAN:
RABOBANK"
05/23/2016 Farm Bureau Market Report
Senator Moran Addresses 81th Annual Delta Council Meeting
Rain comes as a blessing for unirrigated pockets at Odisha
Fragrant rice predominates in exports
Old School Museum displays rice growing history
Rice prices set to rise over rest of the year
Cambodia Fragrant Rice Exports to EU Threatened by Rogue Traders
Cambodia Largest Rice Supplier to EU
2 seized boats of smuggled rice handed over to customs
Drought expected to drive up domestic rice prices later in year
Iloilo towns to pilot rice initiatives
APEDA Agri Exchange Newsletter - Volume 1478
News Detail...
CPRMA delegation meets CM
Source: The Hitavada
Date: 23 May 2016 12:06:10
Business Reporter,RAIPUR,
May 22,
The office-bearers of Chhattisgarh Pradesh Rice Millers Association
(CPRMA) submitted a memorandum to Chief Minister Dr Raman Singh
at his official residence recently.The CPRMA requested the State
Government to consider their demands. CPRMA President Yogesh
Agrawal said that rice millers should be given tax rebate in paddy. Either
power-tariff should be reduced or custom milling charge should be
reduced.
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Chief Minister Dr Raman Singh being presented a bouquet by the office-bearers of
Chhattisgarh Pradesh Rice Millers Association.
Moreover, a notification should be issued for the Mandi fee as 0.5 per cent, he added. The office-
bearers of the CPRMA demanded that the State Govt announce new custom milling policy. All
grievances related to rice millers should be resolved at the earliest, Yogesh Agrawal said.
http://thehitavada.com/Encyc/2016/5/23/CPRMA-delegation-meets-CM.aspx
5 Iloilo towns selected for rice initiative program Monday, May 23, 2016
FIVE rice producing municipalities in the province of Iloilo were selected as project sites of the
Better Rice Initiatives Asia-Fostering Agriculture and Rice Marketing by improved Education
and Rural advisory Services (BRIA-Farmers) funded by the German government‟s Deutsche
Gesellschaft für Internationale Zusammenarbeit (GIZ).
The Department of Agriculture regional office said the program aims to support small-holder
rice farmers in increasing their income by optimizing their production techniques, marketing
access and the strengthening of the whole rice value chain.
The covered towns are Leganes, Mina, Oton, Pototan, Sta. Barbara and Zarraga in the province
of Iloilo with other project sites in the provinces of Aurora and Southern Leyte which is now
implementing its second component in providing “better market linkages.”
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The program is implemented with the DA, Agricultural Training Institute, Philippine Rice
Research Institute, International Rice Research Institute, and private partners involving the
municipal agricultural officers, farmer association leaders, and millers and traders.
BRIA and Philrice had made an initial consultation with local traders and millers to better
facilitate long-term deal between farmer groups and retailers. (LCP)
http://www.sunstar.com.ph/iloilo/local-news/2016/05/23/5-iloilo-towns-selected-rice-initiative-program-
475265
Thai govt mulls compulsory insurance on rice crops
Government mulls compulsory insurance on rice crops
BANGKOK: — The government is considering a plan which will make it compulsory for rice farmers to
insure their rice crops with insurance companies which, in the long run, will ease the government’s burden in
helping farmers.
An informed source in the Non-Life Insurance Association said that the compulsory insurance
scheme would first to be applied with farmers who are debtors of the Bank of Agriculture and
Agricultural Cooperatives which would cover about 25 million rai of rice farmland. The
insurance premium is estimated at 130 baht per rai. Currently, seven insurance companies are
providing farm insurance coverage for seven risks namely flood or heavy rains, drought, storm or
typhoon, cold weather or frost, hailstorm and fire. Insurance premium ranges from 115 baht to
450 baht/rai.
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Farmers will be compensated 1,111 baht/rai if the crops are ravaged by either of the seven risks;
555 baht/rai for damages caused by pests.However, the source pointed out that insurance
companies would charge an average premium of 120 baht/rai if at least 25 million rai of
farmland are insured which are deemed economically feasible.
Meanwhile, Mr Suthipol Thaveechaikarn, secretary-general of Insurance Business supervision
and promotion committee, said that of the 120 baht/rai insurance premium to be charged on
farmers, the farmers will actually pay 20 baht/rai while the rest to be charged to BAAC on the
condition that only 15 rai per household are insured
http://news.thaivisa.com/thailand/thai-govt-mulls-compulsory-insurance-on-rice-crops/142808/
Department of Foreign Trade to discuss the sale of rice
with African nations
BY EDITORON 2016-05-23THAILAND
Department of Foreign Trade to discuss the sale of rice with African nations
BANGKOK, 23 May 2016 (NNT) – The Department of Foreign Trade (DFT) is expediting
its search of new sales channels for the government’s rice reserves, after numerous African
countries expressed interest in buying on credit.
DFT Director-General Duangporn Rodphaya revealed that her agency has consulted with the
Ministry of Finance on the feasibility of selling the rice reserves on credit. Details of the
discussions have yet to be concluded. In order to minimize risk, the department must thoroughly
examine the details of the scheme, payment methods, and credit ratings of potential buyers.
The DFT will prepare to meet with African buyers and various banks to discuss possible
business matching and transaction methods. The Thai government currently has no policy of
trading rice with another commodity, due to complexities in price calculations
http://news.thaivisa.com/thailand/department-of-foreign-trade-to-discuss-the-sale-of-rice-with-african-
nations/142911/
BEARISH ON RICE, WHEAT, CORN AND SOYBEAN:
RABOBANK"
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May 23, 2016, 05.39 PM | Source: CNBC-TV18 Bearish on rice, wheat, corn and soyabean:
Rabobank Soyabean has also seen a price hike by 25 percent due to flooding in Argentina and a
dry weather in Brazil. Corn is another crop that can be impacted due to this. The International
Grain Council estimates 2016's world harvest of rice to be at 473 million tonnes. This is the first
decline in output since 2010 due to drought in the three major producers of rice which are India,
Vietnam and Thailand. This has led to a spike in rice prices. Also, soyabean has also seen a
price hike by 25 percent due to flooding in Argentina and a dry weather in Brazil. Corn is
another crop that can be impacted due to this
Stefan Vogel, Global Sector Strategist, Grains & Oilseeds, Rabobank, however, said grain prices
had factored in a lot of such news and is now bearish on rice, wheat, corn and also soyabean.
"The world still has enough to supply," he said. Below is the transcript of CNBC-TV18's
interview with Stefan Vogel, Global Head Of Rabobank. Q: What is your sense coming in on the
international grain council report and how bigger a worry is it at this point? A: We see a couple
of very interesting things happening in the grain market recently and a lot is driven by the South
American weather.
May be the most remarkable over the last 12 weeks is that Soybean prices increasing by about 25
percent and this is really driven by a lot of flooding in Argentina while at the same time we see
heavy dryness in parts of Brazil. So, if you take that we see that the Soybean crop there has
declined substantially and on the other hand also parts of the Brazilian corn crop is at risk. If you
take both of that, it basically means that there is more demand for North American grains that
need to be either processed in the country and produced and exported as commodities or they
have to go directly as grains or oil seeds on the export market and this has clearly lent a lot of
support recently to the global grain markets in Chicago.
Q: Where do you see a bigger concern coming in? Would you say that the Soybean prices have
factored in this issue and what about the rest of the grains? A: Soybean prices as well as corn
prices have factored in a lot. We have seen also a lot of fund investments in these areas which
turned their position from a net short into a net long position. We are slightly bearish on a lot of
these grains right now and feel that there is a bit over done or the markets are bit overdone and
we think that the world still has enough to supply but from a situation where two months ago
everybody thought it is very plentiful, we are now in a situation where a lot of these markets are
balanced or on the oil seed and specially on the Soybean side we are in a situation where, we see
the production to fall quite a bit below the demand side.
Q: So, when it comes to Soybean or corn and rice and wheat where do you see more price rise
coming in for the rest of this season then? A: Corn prices may have already been priced
relatively fair. I think Soybean prices as I mentioned have taken on a lot of these risks and
already priced them a little bit too high. So, as you mentioned we are slight bearish on grains as
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well as on the Soybean side. However looking at India, I think also on the wheat side India is
facing challenges this year and will may be rely on higher imports than some people think in the
market
http://www.moneycontrol.com/news/commodities/bearishrice-wheat-cornsoyabean-rabo http://news.thaivisa.com/thailand/thai-govt-mulls-compulsory-insurance-on-rice-
crops/142808/bank_6725881.html?utm_source=ref_article
05/23/2016 Farm Bureau Market Report
Soybeans
High Low
Cash Bids 1074 1008
New Crop 1064 1020
Riceland Foods
Cash Bids Stuttgart: - - - Pendleton: - - -
New Crop Stuttgart: - - - Pendleton: - - -
Futures: SOYBEANS
High Low Last Change
Jul '16 1079.00 1052.00 1058.50 -15.75
Aug '16 1076.75 1051.00 1057.75 -15.75
Sep '16 1062.25 1036.25 1045.50 -14.75
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Nov '16 1051.25 1025.25 1036.25 -13.25
Jan '17 1044.50 1023.50 1033.50 -14.00
Mar '17 1026.00 1008.00 1016.25 -11.25
May '17 1021.00 1005.75 1011.50 -11.25
Jul '17 1016.75 1006.25 1010.75 -10.75
Aug '17
998.00 -10.75
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Soybean Comment
Soybeans closed sharply lower today as prices continue to weaken. There is growing expectations that
wet weather and premiums could shift additional acreage into soybeans. Adding to today's bearish tone
was the export inspection report which came in at just 2.8 million bushels exported last week. While the
USDA is forecasting record exports next year sales remain only average leaving the market a lot of
ground to make up in the coming months.
Wheat
High Low
Cash Bids 477 433
New Crop 478 453
Futures: WHEAT
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High Low Last Change
Jul '16 469.00 461.00 462.00 -5.75
Sep '16 479.25 472.25 473.00 -5.75
Dec '16 497.75 490.25 491.00 -5.50
Mar '17 512.75 508.25 508.50 -5.00
May '17 521.00 517.75 517.50 -5.00
Jul '17 525.75 522.50 522.50 -4.75
Sep '17 534.75 534.75 529.25 -4.75
Dec '17 541.25 538.25 539.50 -4.75
Mar '18 551.00 549.00 549.50 -3.50
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Wheat Comment
Wheat prices closed lower today as the market remains near contract lows. Bearish fundamentals
combined with improving weather forecasts continue to keep the pressure on wheat prices.
Grain Sorghum
High Low
Cash Bids 360 319
New Crop 330 274
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Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Corn
High Low
Cash Bids 402 373
New Crop 401 394
Futures: CORN
High Low Last Change
Jul '16 399.25 391.00 397.75 +3.25
Sep '16 401.25 393.00 399.75 +3.00
Dec '16 404.25 396.00 402.75 +3.00
Mar '17 411.25 403.00 410.00 +3.50
May '17 414.50 407.00 413.25 +3.00
Jul '17 417.75 410.50 416.50 +2.75
Sep '17 410.50 406.50 409.25 +2.50
Dec '17 411.50 405.00 409.50 +1.50
Mar '18 417.75 417.00 416.75 +0.75
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Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Corn Comment
Corn prices closed higher today as the market was supported by persistent wet weather that could
potentially trigger a shift to more soybean acres. The current soybean corn ratio already favors mor
soybean acres and the expectation is that farmers may start switching acres as it becomes late to plant
corn. While today's export inspections were about where the market expected, sales remain behind the
pace to meet the current USDA forecast. Large gains in corn remain illusive as strong supplies remain a
threat to the market as "rain makes grain".
Cotton
Futures: COTTON
High Low Last Change
Jul '16 61.83 61.1 61.45 -0.22
Oct '16 62.03 62.03 62.11 0
Dec '16 61.5 60.85 61.34 0.01
Memphis, TN Cotton and Tobacco Programs
Cotton Comment
Cotton futures ended mixed, with nearby July lower. This week's export report showed improvement.
USDA says export sales were 201,100 running bales for 15-16 shipment. That brought export
commitments to a total of 8.492 million bales for the marketing year, which is still 21% below the year
ago total. China continues to auction 30,000 tons a day to local mills. So far, they are liquidating higher-
quality cotton, but the market is looking for indications they are running out of their best reserves and will
begin to auction lower quality cotton, some of which is years old. Planting progress is now running
behind the 5 year average at 46% planted. Arkansas farmers are ahead of their usual pace, though, with
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94% of the crop in the ground, compared with a 5 year average of 84%. December will have resistance at
the recent high of 63.69 cents, while support is at 60.10 cents.
Rice
High Low
Long Grain Cash Bids - - - - - -
Long Grain New Crop - - - - - -
Futures: ROUGH RICE
High Low Last Change
Jul '16 1180.0 1159.0 1161.5 -15.5
Sep '16 1197.0 1180.0 1181.5 -13.5
Nov '16 1213.0 1200.0 1201.0 -12.0
Jan '17 1224.0 1224.0 1219.0 -11.5
Mar '17
1236.5 -11.5
May '17
1256.0 -11.5
Jul '17
1256.0 -11.5
Rice Comment
Rice futures continued lower. Arkansas farmers have now planted 98% of their intended acres. The
question remains, though, will they stop there? The five year average for this date is 89%, so if conditions
remain favorable, the crop might get bigger, at least 1.6 million acres are likely. This large crop could
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limit the upside potential of the market, however, dry conditions in other rice growing regions of the
world could provide support. July continues to trend higher, but Friday's gap lower gave the charts a
negative appearance. Trendline support is near $11.20.
Cattle
Futures:
Live Cattle: LIVE CATTLE
High Low Last Change
Jun '16 119.450 118.050 118.150 -2.900
Aug '16 115.425 114.450 114.450 -3.000
Oct '16 115.150 114.100 114.100 -3.000
Dec '16 115.675 114.375 114.375 -3.000
Feb '17 115.025 113.600 113.600 -3.000
Apr '17 114.050 112.400 112.600 -2.800
Jun '17 107.250 105.525 106.000 -2.525
Aug '17 105.000 104.000 104.000 -2.450
Feeders: FEEDER CATTLE
High Low Last Change
May '16 148.100 146.775 147.000 -1.625
Aug '16 145.475 143.425 143.425 -4.500
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Sep '16 143.600 141.525 141.525 -4.500
Oct '16 141.925 139.575 139.575 -4.500
Nov '16 138.625 136.200 136.200 -4.500
Jan '17 133.500 131.450 131.450 -4.500
Mar '17 130.775 128.975 128.975 -4.000
Apr '17
129.050 -4.000
Arkansas Prices
Ash Flat Livestock Auction
Ola Livestock Auction
Springdale Livestock Auction
Oklahoma City
Oklahoma City - Feeder Cattle Auction Weighted Average Report
Cattle Comment
Cattle prices closed sharply lower to limit down in both feeders and live cattle markets today. Last week's
bearish cattle on feed report led today's losses and will likely keep a bearish tone on prices for the near
term. The report was bearish for prices, as placements jumped 7% from a year ago levels, which
compares to an average pre report estimate of a 0.8% decline. Additionally, marketings were less than
expected up just 1%, which was below expectations of 2.4%.
Hogs
Futures: LEAN HOGS
High Low Last Change
Jun '16 79.850 78.625 79.075 -0.775
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Jul '16 80.200 78.975 79.300 -0.950
Aug '16 79.725 78.550 78.725 -1.025
Oct '16 68.425 67.100 67.300 -1.125
Dec '16 63.875 62.625 62.850 -0.975
Feb '17 66.600 66.000 66.075 -0.900
Apr '17 69.625 69.250 69.400 -0.500
May '17
73.625 -0.500
Jun '17 77.500 77.425 77.500 -0.500
Senator Moran Addresses 81th Annual Delta Council
Meeting
By Ben Mosely
CLEVELAND, MS -- Senator Jerry Moran (R-KS) delivered the keynote address at the 81st Annual
Delta Council meeting here on Friday. Moran is chair of the Senate Agricultural Appropriations
Subcommittee and appeared in Mississippi just after his Subcommittee passed their 2016 appropriations
bill. Moran highlighted the work of the Subcommittee to support farmers and issues important to them,
including Cuba. The appropriations bill included $1.5 million to allow USDA's Foreign Agricultural
Service to place staff in Havana, a provision strongly encouraged by USA Rice.
Moran spoke about the importance of the work that USA Rice has done educating Members of Congress
on the opportunities in Cuba, and pledged to continue working to encourage more trade. Moran also
addressed the challenge of getting anything accomplished in Washington these days and the need for rural
America to speak with a louder voice about the benefits American farmers bring to this country.
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Members of Delta 1000 also heard from Nathan Gonzales, editor of The Rothenberg and Gonzales
Political Report on the state of the Presidential and Congressional elections. He predicted that Senate
Republicans may lose their majority in November but that the House will remain Republican, albeit with
a smaller majority. He flatly refused to make a prediction on the Presidential race saying that all
assumptions have been thrown out the window this time around.
The attendance at Delta Council events is always impressive and this year was no exception, especially at
the traditional fried catfish luncheon after the program.
"Knowing the Delta Council is out there, looking after the interests
of growers and researchers in the region, serving as a resource for
me and my organization is absolutely invaluable," said USA Rice
President & CEO Betsy Ward who attended the annual
meeting. "We work closely with Chip Morgan and the Council leadership on a wide range of issues
including telling the positive story of the tremendous contribution the Mississippi rice industry makes to
USA Rice staff lining up for catfish
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USA
conservation and their great record of sustainable agriculture. The whole rice industry, whether they
realize it or not, is indebted to the Council for its diligence."
USA Rice Daily
Rain comes as a blessing for unirrigated pockets at Odisha By Express News Service
Published: 23rd May 2016 06:54 AM
Last Updated: 23rd May 2016 06:54 AM
SAMBALPUR: SATURDAY‟S heavy showers have come as a boon for a section of farmers and bane
for another in Sambalpur and Bargarh districts.On the bright side, the farmers in unirrigated pockets are
rejoicing as it has facilitated first round of ploughing for the ensuing kharif season.
Despite record heat in April, unirrigated pockets in Bargarh district had received some rain in May raising
hopes of early monsoon. While 39 mm rainfall was recorded in Jharbandh block on May 18, Bijepur
block received 16 mm rainfall on May 14. Command areas of Attabira, Barpali and Bheden registered 48
mm, 20 mm and 22 mm rainfall respectively on May 11.
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Farmers have started first round of ploughing and are reportedly gearing up for kharif season after deficit
rainfall last year.
The gloomy factor though is that farmers are worried about the huge quantity of paddy stocked at the
market yards of Regulated Market Committees (RMC) in Bargarh district. In Sambalpur, paddy stalks are
lying in fields waiting to be shifted to hay yards for threshing. On Saturday, Bargarh block received
some rain in the morning and evening leaving farmers in a tizzy as they are worried about their paddy
bags dumped in the open in market yards, where procurement is moving at a snail‟s pace.
Sambalpur Zilla Krushak Surakhya Sangathan vice-president Umesh Mishra said in several areas
harvesting is underway and stalks are lying in the fields. With water likely to accumulate on the fields
after heavy rains, farmers are apprehensive that the water content would lead to germination and
discolouration. The discoloured stalks would bring them less price, he added.
However, there was not much stock in the market yards as procurement process in Sambalpur district has
been smooth, he added.
Thunder squall leaves a trail of destruction
SAMBALPUR: The trail of devastation unleashed by thunder squall and rain was more visible on Sunday
morning. Most of the roads were blocked with uprooted trees and electric poles dotting the landscape. It
appeared like a riot-torn City as roads wore a deserted look with people busy putting their houses in order
after the destruction. While a big chunk of area from Cheruapada to Kunjelpada, Mudipada and Industrial
Estate continued to reel under power cut. A major mopping up operation is underway while ODRAF
team, fire brigade and WESCO officials are working hard to restore normalcy.
In several areas harvesting is underway and stalks are lying in the fields. With water likely to
accumulate on the fields, farmers are apprehensive that the water content would lead to
germination and discolouration
SZKSS vice-president Umesh Mishra
http://www.newindianexpress.com/states/odisha/Rain-comes-as-a-blessing-for-unirrigated-pockets-at-
Odisha/2016/05/23/article3446552.ece
Fragrant rice predominates in exports
According to the Vietnam Food Association (VFA), fragrant rice was at the lead in export volume in the
first four months this year, accounting for 26.1 percent of the total volume, up 45.1 percent over the same
period last year, thanks to surging demand from Asian and African nations A worker packing rice for
exports (Photo: SGGP)
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Jasmine rice transactions rocketed strongly since the end of April till now to swing around US$485 a ton,
higher than $470-475 before. It was followed by medium and high-grade white rice making up 24.5
percent and 21.3 percent respectively.
Meantime, sticky rice export saw a sudden increase of more than 237 percent against the same period last
year. Low-grade rice accounted for only 10.1 percent.
Despite slow consumption still lingering, price has been on up trend because of down inventory and
influences from drought which has affected the output of main export and import nations, VFA said.
By the end of April, Vietnam exported 1.8 million tons of rice worth US$788.7 million under FOB (Free
On Board) term, which was a year on year increase of 20.8 percent in volume and 21.1 percent in value.
By Dang Cong – Translated by Hai Mien
http://www.sggpnews.org.vn/Business/2016/5/118960/
Old School Museum displays rice growing history
Casey Stinnett
The Old School Museum in Dayton, Texas now has an exhibit looking back at the beginnings of
rice farming in the Dayton area. The museum is open on Saturdays from 10 a.m. to 2 p.m.
Posted: Monday, May 23, 2016 9:26 am
By Casey Stinnett
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The Old School Museum in Dayton, Texas has an exhibit running that traces the development of
rice production in the Dayton area since the turn of the twentieth century.The displays include
copies of many historic photographs showing early Dayton rice farmers at work, including
photographs of Oscar Nelson, Theodore Reidland, John Coffies Lockard, Joe Graves, C. H.
Weston, A. C. Weston, Emil Stoesser, Charles Seaberg and Joe Wiseberber, among others.
Many of the earliest rice farmers around Dayton moved to Texas from Iowa. One of them,
Charles Frederick Seaberg, was originally from Sweden, the exhibit says, born there in 1869 and
immigrated to the United States when he was 20 years old. He came to Stilson in 1904 with his
wife Sophia and daughter Dorothy in response to advertisements for fertile farm land there.
The creation of American Rice Growers Dayton Division in the late 1940s is detailed with a
photograph of a dozen of the division‟s organizers, including their first manager, Audway
Knight, along with George Blair, C. K. Boyt, J. W. Trousdale, W. T. Jamison, Will Graves, J. W.
Anselin, E. F. Peterson, D. A. Reidland and Bill Conner. A Liberty Vindicator report from
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August 1948 says that at that time around 15,000 acres in the Dayton area were planted in rice
and that 40 local farmers had joined the Dayton Division.
A newspaper report from June 1949 described the rice drier then being built in Dayton at a cost
of $150,000 as “modern in every respect.” For its construction, $90,000 was raised locally from
participating farmers and businessmen and the rest borrowed from the Houston Bank for
Cooperatives. The plant had storage space for 35,000 barrels and could dry 500 to 600 barrels of
rice per hour. That 1949 report also said the area then had 18,000 acres planted in rice,
“somewhat larger than last year.”
The Old School Museum, located on West Houston Street in Dayton, is open on Saturdays from
10 a.m. to 2 p.m
http://www.yourhoustonnews.com/cleveland/living/old-school-museum-displays-rice-growing-
history/article_79d39530-3576-5dd8-9f56-5b82fba0d7ac.html
Rice prices set to rise over rest of the year
PETCHANET PRATRUANGKRAI
THE NATION May 23, 2016 1:00 am
THAI RICE prices are expected to climb steadily over the remainder of the year, mainly because
of the impact of drought on rice production globally and at home.
However, there are still factors that could suppress prices, including the world economy,
financial woes in some countries and uncertainty over the oil price, as it affects the purchasing
power of some nations that import rice.
Duangporn Rodphaya, director-general to the Foreign Trade Department, said rice prices were
expected to increase continuously in the coming months because of these factors, while global
and domestic demand were unchanged.
She said that with the low supply of rice and stable demand, the government would carefully
consider the management of its rice stocks and the release of rice, with about 10 million tonnes
currently in state stockpiles.
With high demand, the government expects Thailand should break its rice export target of nine
million tonnes this year.
The department reported that from January 1 to May 16, Thailand exported 3.9 million tonnes,
up 18 per cent compared to the same period last year, while the value rose 11.8 per cent to
Daily Global Rice E-Newsletter 2016
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22
Bt60.99 billion.
Duangporn said many countries in Africa such as Mozambique had approached the government
to purchase rice on credit.She said that to sell rice ion this manner required the Commerce
Ministry to first speak with the Finance Ministry to ensure the government would be paid.
Any contract would be on a government-to-government basis.Duangporn said the government
may talk to business groups and banks to find the best method for selling rice.But she said the
government did not sell rice via barter or counter trade.
http://www.nationmultimedia.com/business/Rice-prices-set-to-rise-over-rest-of-the-year-
30286481.html
Cambodia Fragrant Rice Exports to EU Threatened by Rogue
Traders
By John Le Fevre on May 24, 2016
Cambodia fragrant rice exports to the European Union (EU) are in jeopardy due to cheating by
rogue exporters mixing lower quality grains with the country‟s premium product.
At the recent 9th EU-Cambodia Joint Committee meeting in Phnom Penh Cambodia was again
warned that mixed milled rice will be an obstacle for its rice to be sold on the EU market, putting
at risk about 40 per cent or some 215,000 tons of the 538,000 tons of rice Cambodia exported
last year.
Currently Cambodia enjoys duty- and quota-free trade preferences under the Everything But
Arms (EBA) agreement and last May when the matter of rice mixing was raised by the EU,
Cambodia‟s Ministry of Commerce (MoC) warned growers and exporters that the continuation
of the practice could see this status revoked.
In a letter the ministry said: “Recently, the EU has increased monitoring of rice imports to
investigate the origins of rice imported, with the aim to pause or ban the import of rice without
clear origins.”
The ministry threatened it would stop issuing Certificates of Origin to exporters found to be
using non-Cambodian rice and also said teams of inspectors would launch surprise raids on rice
exporting companies and rice millers to investigate the issue, while Cambodia rice industry
associations blamed the practice on “one or two” rogue companies – the same explanation
offered this year – suggesting that the issue was blown out of proportion.
That the matter has again been raised by the EU indicates that the problem is far from remedied,
perhaps indicating that much like with Thailand and its non-compliance with illegal, unreported
Daily Global Rice E-Newsletter 2016
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23
and unregulated (IUU) fishing regulations, the EU is getting tired of its messages falling on deaf
ears. The matter of mixed rice grains was first raised in 2013 when the EU Trade Commissioner
said as much as 30 per cent of some 196,000 tons of rice exported by Cambodia to EU
members was rice of Vietnam origin mixed with Cambodia rice.
Cambodia Largest Rice Supplier to EU
Photo: John Le Fevre
Exports of Cambodia fragrant rice to the EU face a ban due to rogue traders mixing other grains with the
premium Cambodia product
In the last five years Cambodia‟s rice exports have increased by some 438 per cent with more
than 51 per cent of rice exported in 2014 being Cambodia fragrant rice. In 2015 Cambodia rice
represented 24 per cent of annual EU rice imports making it the largest supplier to the 28 country
block ahead of India, Thailand, and Guyana.
Any sanction by the EU would be a serious setback for the Cambodia rice sector which employs
about 20 per cent of the nation‟s workforce. Last year Cambodia fragrant rice, soon to be marked
under the name „Angkor Malis‟, lost its title of „world‟s best rice‟ to California Calrose rice, after
holding the title for three consecutive years.
It‟s not just the EU concerned over the quality of Cambodia fragrant rice with the EU warning
coming ahead of a visit to Cambodia by a team of inspectors from China‟s General
Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), sent to audit some
79 rice milling and warehousing members of the Cambodia Rice Federation (CRF) involved in
the shipment of 100,000 tons of rice to China this year.
Cambodian fragrant rice exports are also expected to be hit hard once the EU-Vietnam free trade
agreement comes into effect with Vietnam able to export 76,000 tonnes of rice per year to the
EU free of import duties.
In 2015 bilateral trade between Cambodia and the EU reached more than €4 billion (about
US$4.488 billion), with agricultural products accounting for about 4.4 per cent, or about €181
million ( $203 million), of the total.
However, while EU foreign direct investment (FDI) into Asean accounts for about 25 per cent of
the total only about five per cent finds its way into Cambodia. Between January and October
2015 total EU FDI into Cambodia was about $76 million, a drop of 11.63 per cent over the $86
million invested during the same period in 2014
http://aecnewstoday.com/2016/cambodia-fragrant-rice-exports-eu-threatened-rogue-traders/
Daily Global Rice E-Newsletter 2016
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24
2 seized boats of smuggled rice handed over to customs
Published on May 23, 2016 by pmnews
Courtesy: Dailypost
The Eastern Command of the Nigeria Customs Service (NCS) said the Nigerian Navy had assisted in
intercepting two boats laden with smuggled rice in Calabar, Cross River.
The Public Relations Officer of the Eastern Command of the NCS, Mr Julius Uzowuru, disclosed
this in a statement on Monday.
He said that the synergy and inter-agency collaboration between the Eastern Marine Command
of the NCS and the Eastern Naval Command of the Nigeria Navy had yielded result.
“The seizure of rice, which was made recently on the high sea by the captain of a Naval Ship,
Navy Commander A. O. Ojebode of the Eastern Naval Command between Cameroon and
Nigerian border, was carefully concealed in two boats conveying 30 passengers among who were
eight Cameroonians and 13 Nigerians.
“Meanwhile, the seizure has since been handed over to the Nigeria Customs Service in Calabar,
while the passengers of the boats have been handed over to the Nigeria Immigration Service for
further investigation,‟‟ the statement said.
Daily Global Rice E-Newsletter 2016
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25
The Customs Area Controller of Eastern Marine Command, Comptroller Usman Bello, had
solicited that the Navy should assist the NCS in effecting seizures of contraband goods on the
high seas.
Bello said this during the 2016 Obangame Exercise organised in Calabar by the Nigerian Navy
which comprised other law enforcement agencies and the media.
Expressing his delight at the seizure, Bello thanked the Nigerian Navy for a successful synergy
and co-operation so far.
He decried the inability of his command to patrol the high seas due to lack of sea-going vessel at
the moment.
The controller appealed for continued assistance from the Navy in the collaboration exercise and
reiterated the need to reduce smuggling to the barest minimum especially on the high seas within
the Eastern marine Command.
Bello also expressed gratitude to the outgoing Flag Officer Commanding (FOC) the Eastern
Naval Command, Calabar, Rear Admiral Atiku Abdulkadir for the sustained co-operation and
synergy between the Navy and Customs.
He wished him well in his new assignment.
The controller also welcomed the new FOC and urged him to sustain the co-operation and
collaboration gesture of his predecessor and wished him a successful tenure in office.
In the same vein, the Comptroller General of Customs, Retired Col. Hameed Ali expressed his
profound gratitude to the Chief of Naval Staff, Vice Adm. Ibok-Ete Ibas, for the operational
commitment and inter-agency co-operation exhibited by his officers in the arrest of the two boats
laden with rice
http://www.pmnewsnigeria.com/2016/05/23/2-seized-boats-of-smuggled-rice-handed-over-to-customs/
Drought expected to drive up domestic rice prices later in year
PETCHANET PRATRUANGKRAI
THE NATION May 24, 2016 1:00 am
THE PRICE of rice in the domestic market is expected to increase by about 5-10 per cent late in
the year after drought lowers the supply.
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26
Somkiat Makcayathorn, honorary president of the Thai Rice Packers Association and managing
director of Patum Rice Mill and Granary, said rice packers were facing higher costs due to higher
prices of paddy rice in the dry season.
The price of packed rice has increased by about Bt5-7.50 per 5-kilogram pack since the
beginning of this year, but is still under the government's official ceiling, he said. However, the
supply of rice continues to drop, the price could increase in the third or fourth quarter of the year,
Somkiat said. However, rice packers will not immediately increase retail prices as there are still
enough stocks to last until September.
He said rice packers had also faced higher costs after modern traders began charging them 10-35
per cent higher entrance fees to sell their products in the supermarkets. Somkiat said rice packers
would ask the Commerce Ministry to call for a meeting between rice packers and modern traders
to make the entrance fees more fair.According to the association, the price of white paddy rice
has increased from Bt7,500-Bt8,000 per tonne early this year to Bt9,000-Bt9,500 per tonne at
present, while the cost of packed rice was up from Bt12,000-Bt12,500 per tonne to Bt14,000-
Bt14,500 per tonne.
Exports to Africa
Somkiat said that although the government had recently opened bidding for rice in its stockpiles,
it should not affect the domestic market as this rice would be shipped to African countries.
Manta Kitprasert, president of the Thai Rice Mills Association, said the drought would force rice
prices higher in the near future.
"Rice farmers may not benefit much from the higher price as they have faced losses from the
previous harvest season due to the shortage of water. Rice millers have also faced problems
about liquidity as they could not find rice for milling and doing businesses," he said.
Meanwhile, despite the higher cost of palm fruit, the Internal Trade Department will not allow an
increase in the retail price of cooking palm oil, which is limited at Bt42 per litre bottle.
Wiboonlasana Ruamraksa, director-general of the department, said palm-oil refineries had buffer
stocks amounting to about 240,000 tonnes, so a price increase was not warranted.
She said enterprises should be able to shoulder higher costs of production as more palm fruit
would enter the market in two months and that would lower its price.Currently, palm fruit is
traded at Bt5-5.5 per kilogram.
http://www.nationmultimedia.com/business/Drought-expected-to-drive-up-domestic-rice-prices--
30286570.html
Daily Global Rice E-Newsletter 2016
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27
Iloilo towns to pilot rice initiatives
May 23, 2016 10:21 pm by Lydia C. Pendon
ILOILO CITY: Five rice-producing municipalities in the province of Iloilo were selected as
project sites of the Better Rice Initiatives Asia – Fostering Agriculture and Rice Marketing by
improved Education and Rural advisory Services (BRIA FARMERS).The Department of
Agriculture (DA) regional office here said the program aims to support small-holder rice farmers
in increasing their income by optimizing their production techniques, marketing access and the
strengthening of the whole rice value chain.Covered are the towns of Leganes, Mina, Oton,
Pototan, Santa Barbara and Zarraga in the province of Iloilo, while other project sites are in the
provinces of Aurora and Southern Leyte.
Southern Leyte is now implementing its second component in providing “Better Market
Linkages.”The program is funded by the Germany‟s Deutsche Gesellschaft für Internationale
Zusammenarbeit (GIZ) and implemented with DA‟s Agricultural Training Institute; the
Philippine Rice Research Institute; the International Rice Research Institute; and private partners
involving the municipal agricultural officers, farmer association leaders, and millers and traders.
http://www.manilatimes.net/iloilo-towns-to-pilot-rice-initiatives/263755/
APEDA AgriExchange Newsletter - Volume 1478
International Benchmark Price
Price on: 18-05-2016
Product Benchmark Indicators Name Price
Rice
1 India 5% broken 385
2 India parboiled 5% broken stxd 375
3 India 100% broken stxd 305
Wheat
1 CZCE Wheat Futures (USD/t) 385
2 GFO, HRW, DAT Ontario (USD/t) 157
3 NYSE Liffe Milling Wheat Futures (USD/t) 186
White Sugar
Daily Global Rice E-Newsletter 2016
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28
1 CZCE White Sugar Futures (USD/t) 833
2 Kenya Mumias white sugar, EXW (USD/t) 691
3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 583
Source: oryza, agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 21-05-2016
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Jowar(Sorghum)
1 Vankaner (Gujarat) Other 2055 2785
2 Vaduj (Maharashtra) Other 2200 2300
3 Theni (Tamil Nadu) Other 1440 1500
Maize
1 Haveri (Karnataka) Local 1400 1450
2 Deoli (Rajasthan) Other 1440 1691
3 Kasganj (Uttar Pradesh) Local 1600 1630
Mango
1 Pattambi (Kerala) Other 1500 2000
2 Dasuya (Punjab) Other 2500 3000
3 Kasinagar (Orissa) Other 2500 3000
Brinjal
1 Chala (Kerala) Other 2300 2358
2 Bargarh (Orissa) Other 1500 1600
3 Sainthia (West Bengal) Other 1430 1520
Daily Global Rice E-Newsletter 2016
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29
Source:agmarknet.nic.in For more info
Egg Rs per 100 No
Price on 21-05-2016
Product Market Center Price
1 Ahmedabad 405
2 Hyderabad 400
3 Namakkal 405
Source: e2necc.com
Other International Prices Unit Price : US$ per package
Price on 16-05-2016
Product Market Center Origin Variety Low High
Potatoes Package: 50 lb cartons
1 Atlanta Colorado Russet 17 18.50
2 Chicago Idaho Russet 15 17
2 Detroit Wisconsin Russet 18 18.50
Cucumbers Package: cartons film wrapped
1 Atlanta Canada Long Seedless 13.50 15
2 Detroit Mexico Long Seedless 19 20
3 Miami Mexico Long Seedless 10 11
Apples Package: cartons tray pack
1 Atlanta Virginia Red Delicious 25.50 26
2 Chicago Michigan Red Delicious 18.50 18.50
3 Detroit Michigan Red Delicious 20 21
Source:USDA
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