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TOP Contents - Tailored for YOU Latest News Headlines

SunRice lifts rice price as current crop struggles Indonesia Records a Rice Production Surplus of 5.4 million Tons This Year Farmers told: Beware of fake hybrid rice seeds 450,000 bags of Vietnam rice arrive to augment PH rice buffer stock - NFA Rice importers fined for hiking prices Bangkok rice FOB price Whats next for Cambodian rice? Basmati to stay on Irans plate Grand jury in Kansas indicts Chinese scientists
NEWS DETAILS:
SunRice lifts rice price as current crop struggles
ABC Rural :By Laurissa Smith Posted Fri 20 Dec 2013, 10:28am AEDT PHOTO: Windy, cold weather, snails and duck damage have made rice growing very challenging for farmers in southern NSW this year. (Laurissa
Smith)
Last season's crop just became more valuable for rice growers in Australia. Rice food company SunRice has lifted the price of the 2013 crop for its farmers by $20 a tonne, which pushes its indicative full year paddy price to $280 a tonne.Despite an upgrade to profits in the first half of the year, CEO Rob Gordon says its downgraded its full year results outlook, warning profit after tax could be up to 15 per cent lower than last year.The company is also expecting growers will harvest a smaller crop next year because of lower water allocations, but says it's
too early to comment on specific implications.One consultant based in the southern Riverina says its been one of the worst years for growing rice, because minimum temperatures have been below average for the entire season.He says the heatwave this week should help improve the vigour of the rice crops that have been struggling to grow.
Topics: rice, agribusiness, wagga-wagga-2650
Indonesia Records a Rice Production Surplus of 5.4 million Tons This Year
BY ADMIN2 DECEMBER 19, 2013POSTED IN: AGRICULTURAL, ECONOMY, GOVERNMENT, HEADLINES
Minister of Agriculture Suswono said the government need not import rice next year, since domestic production in 2013 will suffice. Indonesia records a rice production surplus of 5.4 million tons this year. The central government, regional government and businesses have joined hands in efforts to increase Indonesian food production, especially rice, corn, sugar, soy and beef. If successful, rice production surplus may approach 10 million tons.Bulog has not made plans to import rice next year. As year-end approaches, the price of rice remains stable. Besides, Bulogs stock to this date is still above 2.1 million tons. Based on Bulogs data, the price of rice of medium quality this weekend stayed around Rp8,100-8,200 per kilogram.An agriculture expert from the Indonesian Economic and Political Association (AEPI), Khudori, questioned the reliability of the Central Bureau of Statistics (BPS) data, which shows that Indonesia has achieved ri ce selfsufficiency three years ago.
Farmers told: Beware of fake hybrid rice seeds

Philippine Daily Inquirer
9:45 pm | Thursday, December 19th, 2013
SCIENCE CITY OF MUOZ Officials of the Philippine Rice Research Institute (PhilRice) here warned farmers against businessmen who are passing off ordinary rice seeds as those of hybrid rice and are using bags bearing the agencys name and logo to attract buyers.They are making big money. They are selling the seeds at P4,000 to P6,000 per 20-kilogram bag, said Dr. Eufemio Rasco Jr., PhilRice executive director. They are not only making big money out of it but are also sabotaging efforts to increase rice production.Rasco said certified
hybrid rice seeds used by farmers for planting have a government-approved price of P1,200 per 40-kg bag.
The use of hybrid rice seeds for commercial planting is known to increase yield by at least 15 percent.There were reported cases that with the use of hybrid rice seeds, a number of farmers were able to harvest more than 300 cavans per hectare.Mention of hybrid rice seed has become a magnet for farmers in the hope of obtaining higher rice yield. It has also become a source for anomaly for scheming profiteers, PhilRice officials said. Anselmo Roque, Inquirer Central Luzon
450,000 bags of Vietnam rice arrive to augment PH rice buffer stock NFA
By: Aerol B. Patena, Philippines News Agency December 20, 2013 1:58 PM
FILE PHOTO OF RICE STOCKS AT NFA WAREHOUSE BY MIKE GUBAT
MANILA -- An initial shipment of 450,000 bags or 22,500 metric tons (MT) of rice from Vietnam was received by the National Food Authority (NFA) Thursday at its Manila Harbor Center warehouse in Tondo, Manila.The stocks form part of the 500,000 MT that was awarded to Vietnam on a government-to-government tender last November to boost the agencys buffer stock which was depleted due to the substantial supply requirements needed for relief
operations in the hard-hit areas of typhoon Yolanda.In an interview with reporters, NFA spokesperson Rex Estoperez explained that a total of 120,000 MT arrived in the country this month through the ports of Manila, Cagayan De Oro City, General Santos City, Iloilo, and Cebu.
The remaining balance of 380,000 MT is expected to be delivered in the first quarter of next year to serve as buffer for the traditional lean months of July to September. The importation would cost at around $ 462.25 per metric ton which is equivalent to P 9.7 billion.The NFA Council decided to import rice for precautionary stock purposes. We need to strike a balance between ensuring the stability of the rice supply and providing relief for those who were affected by recent calamities, Estoperez said.Meanwhile, the NFA assures the public that stocks on its warehouses are of premium quality contrary to reports that rice distributed for typhoon Yolanda victims were rotten and not suitable for consumption.Estoperez stressed its quality assurance officers and internal auditing department regularly monitor and assess stocks that are stored on its warehouses. Our stocks need to pass our standards. If our monitoring team determines that they are of inferior quality, warehouse managers will be accountable to us and we will not release these stocks.He said that its critics are behind these media reports in order to derail its mandate of ensuring food self-sufficiency in the country.The agency is open for inspection of its warehouses by the media and concerned citizens to prove that its rice stocks are good of quality.
Rice importers fined for hiking prices

By Beatrice Thomas:Thursday, 19 December 2013 11:51 AM (Photo for illustrative purpose only)
A Saudi Government committee has fined several rice importers SAR40 million ($10.67m) after they were found to have colluded to reduce the weight of rice packets and hike prices, it was reported.It comes amid accusations that some rice importers were also draining the market of rice stocks to bolster returns.Minister of Commerce and Industry Tawfiq Al Rabiah, who is also chairman of the Council of Competition Protection (CCP), said a committee investigating the matter found rice merchants had mutually agreed to reduce the
weight of rice packets and hike prices.According to Article 12 of the Competition Law, a fine of up to SR5 million ($1.33m) will be imposed for each violation.It will be doubled in the case of repeat offences, with details of the verdict publicised at the expense of the violator. Al Rabiah said the law was aimed at ensuring fair competition by compelling traders and importers to curb practices that monopolised the market, he said.Muhammad Al Qassem, Secretary General of the Council, said it had been noted rice importers were draining the market of rice stocks and before increasing prices. These companies informed their customers about the new hike without notifying them or explaining the reasons for increasing prices, he was quoted by the Saudi Gazette as saying.The rice importers can appeal against their penalties to the Court of Grievances, the Ministry of Commerce said in a statement.The Council will publish their names after a final verdict.
Bangkok rice FOB price

English.news.cn 2013-12-20 15:17:40
BANGKOK,Dec. 20 (Xinhua) -- The following are Bangkok rice FOB prices, as offered by the Rice Exporters Association of
Thailand, for the week:Unit: U.S. dollar/Metric Ton This week Last Week Jasmine Rice (Thai Hom Mali Rice) Grade A (crop year 2012/13) 1171 1163 Grade A (crop year 2013/14) 1028 1034 White Rice White Rice 100% Grade B 458 460 White Rice 25% 398 400
Whats next for Cambodian rice?

Kann Kunthy, CEO of Battambang Rice Investment Co, speaks to the Post from his office in Phnom Penh on Wednesday. Vireak Mai Fri, 20 December 2013
Chan Muy Hong In November, Cambodia won the coveted Worlds Best Rice award for the fragrant variety. It was the second year in a row that the product finished first in the global competition, held this year in Hong Kong. Kann Kunthy, chief executive officer of Battambang Rice Investment Co, was a presenter at the competition. The Posts Chan Muy Hong sat down with Kunthy to talk about what the award has done for rice exports, and what challenges to stay competitive lie ahead. How is the Worlds Best Rice award-winner selected? Rice producers from around the world can submit rice samples to compete. I do not remember the number of competitors this time. But for the first round, six countries were selected to go to another round.That included Cambodia, Myanmar, Thailand, India and the United States (California rice). There were three countries left after the second round: Cambodia, Thailand and the United States. Then Thailand was out. We were competing with California rice and we won. They judge the rice according to four criteria before and after it is cooked: the aroma, the overall look, the texture and the length of the grain. The award is nice, but how has it helped farmers? We first won in 2012. I didnt think then that we had benefited from it. But this year, we have seen attention from both local and international media, and people keep talking about it. The award was won by Cambodian farmers. This award belongs to no one specifically, but to all the farmers out there who have grown quality rice. I think this award should be the starting point for relevant stakeholders to come together and push the whole sector forward. What needs to be done? The number one challenge is capital. We take loans to invest in rice millers. We take loans to buy paddy rice. Buyers do not pay us immediately, so the interest rate keeps going up. This is triple risk for us. We need a lower interest rate loan. Number two is energy costs. Compared to nearby countries, Cambodia has a lower energy supply and it is expensive. It is quite a big deal for us because it makes our operational costs higher. Number three is transportation and logistics to export rice, which require money too. We need a cheaper way to transport rice. Finally, there is no marketing or public relations campaign to promote our rice to a wider market. I believe if we could link the rice sector with tourism through marketing, we could bring the fame of our fragrant rice to the globe while attracting more tourists.
What kinds of potential do you see in the rice sector? We see more demand for Cambodian rice because Cambodian farmers are still using traditional ways of farming, which means we have better potential in producing better quality rice for export. Rice production in Cambodia is at nine million tonnes annually. I think in the future if we have better water management systems and we use all the available land to farm, Cambodias rice production could reach 20 million tonnes a year. If the government could provide information databases about soil mapping and where to seek quality seeds and what province has potential for what kind of rice, I think it will attract more investment that will help improve the whole rice sector. What should be done to strengthen the competitiveness of Cambodias rice sector in the region? The government should focus on marketing. The private sector should make rice quality better. In our case, we are planning to do contract farming with local farmers in which we will be working with them in selecting quality seeds, using soil and assisting them with farming techniques from our experts. ASEAN economic integration is approaching, meaning no tax will be charged on importing and exporting among the member countries. I think Cambodia should be ready in terms of competitiveness in price, quality and service. This interview has been edited for length and clarity Contact author: Chan Muy Hong
Basmati to stay on Irans plate

TEJINDER NARANG
India's rice exports to Iran and Nigeria to remain strong. Those who believe Iran will tap other rice producers are discounting Indias advantages. Immediately after the US/EU-Iran interim agreement was signed on November 24, there were widespread concerns that Indias basmati exports to the Islamic republic will take a hit. Since the 2011 sanctions, Iran has been increasingly depending on Indian exports of the cereal. Now, with the prospects of the West relaxing sanctions, Indian exporters fear the country might not buy as much as it did earlier.Shortly after the pact was signed, the export sentiment for the 1121 Basmati variety to Iran turned bearish. Many felt Iran may divert business to Pakistan and Thailand. But that might be a knee-jerk presumptive reaction. The fact is the prospect of increased basmati rice export to Iran and more
exports of non-basmati rice to Nigeria and Bangladesh may further strengthen Indias exports of this cereal in 2013-14. Trade with Iran Also, rupee depreciation has provided India with a cutting edge. The countrys number one rank in global rice shipments is likely to be maintained about 10-11 million tonnes (mt), or approximately 30 per cent share in the global trade of 35 mt.India is uniquely placed to utilise Rs 50,000 crore (or $8 billion) held in UCO Bank on Irans account. Pakistan and Thailand lack such a facility. The U S sanctions on Irans oil exports rem ain intact, neither have curbs on banking been relaxed. The lifting of all restrictions would depend upon the signing of a comprehensive agreement.Meanwhile, the Shia-Sunni rift in the Muslim world can rock the interim agreement. Pakistan is closely aligned with Sunni Saudi Arabia, which has opposed this rapprochement. Any accommodation by Iran of Pakistan would mean implicit support to Saudis ally, which is highly unlikely.Moreover, Indias global basmati exports are 3-3.5 mt per annum. Irans annual import requirement of basmati rice is 1.7-2 mt , while Indias supplies to the country have increased from 0.5 mt to 1.1 mt in the past the four years, with better price realisation. In 2013-14, Indias share could be about 80 per cent of Irans import of rice about 1.4-1.5 mt. This reliance cannot be dismantled overnight. On the contrary, dependence on Indian cereal can increase especially with the new hybridised paddy 1509 with better yield and lower costs. In 2012-13, Pakistans total basmati rice export to 96 countries was 0.63 mt, according to Rice Exporters Association of Pakistan. The country supplied only 43,000 tonnes to Iran. Its monthly shipments are around 3,600 tonnes, against the Indian average of approximately 1,00,000 tonnes.In the absence of a smooth banking arrangement with Pakistan, ideological differences, lack of research capacity, quality issues and persistent power shortages, Pakistani rice cannot match the Indian 1121 variety.Thailand has been a supplier of superior quality non-basmati rice (NBR) to Iran. Its Hom Mali (fragrant rice) export virtually stopped after 1121 was introduced.The grain length and elongation characteristics of 1121 are not tested by Hom Mali, which costs about $1,100/tonne. Iran and Indian shippers use certain blends of Indian basmati and long grain NBR to lower fob values. With Nigeria
On July 25, 2013, Iran sourced 2,50,000 tonnes of NBR (white rice) at $520/tonne fob, and not the fragrant variety. Any small revival of Hom Mali cannot replace the preference for 1121.In November, Nigeria slashed effective import duty on non-basmati rice from 144 per cent to about 44 per cent for the arrival of vessels in December 2013-January 2014. Export tax arbitrage with neighbouring Benin has ceased. The new duty regime is for two months, but what happens later is anyones guess.Nigeria imports 2.5-3 million tonnes NBRparboiled (PB) annually, mostly from India, Thailand, and Brazil. Direct Nigerian imports from India are about 0.8 mt in 2012-13.In addition, Nigerias neighbour Benin has been used as a base-country for import via Cotonou of about 0.5 mt of Indian rice to Nigeria. Thus India accounts for about 50 per cent (1.3 million tonnes) of Nigerias rice imports that may rise to 70-75 per cent in 2013-14.Indian par-boiled rice costs $400/tonne fob as against $470/tonne in the case of Thailand. Prominent Nigerians buyers are keen to secure
Indian arrivals at least till Nigeria retains its low duty regime. Indian shippers are in a hurry to despatch their parboiled rice and even diverting their cargos on high seas from Cotonou to Lagos.About a quarter million tonnes is contracted additionally by prime Nigerian importers in end November-early December 2013 with Indian shippers. Bangladeshs needs The Government of Bangladesh (GOB) needs import of 0.5 mt of rice immediately of 15 per cent par boiled variety. India is commercially and strategically well placed to meet this demand. But the India and Bangladesh governments are not able to conclude a G-to-G deal. Reasons: FCI stocks need upgradation and repackaging, special pricing and several other issues.Past dealings of PSUs with private players on a back-to-back basis have been controversial due to procedural reasons.Indian open market prices are the lowest on delivered basis to Bangladesh. The Bangladesh government has no alternative but to import from private Indian suppliers, where Indian bidders compete on best market price (and not FCI).Thailand does not have significant availability of 15 per cent broken parboiled rice. Pakistan may not be successful in quoting competitive tenders while competing with India.All Bangladesh has to do is to follow internationally accepted practices, rather than customised tendering conditions prone to defaults and rent seeking. Indian Policy Since 2011, the Indian government has kept rice trade/export free from any conditions and encumbrances. That is why India has secured number one rank in world trade. Stocks of FCI remain untouched. Private market availability and dollar/rupee exchange rates have been helpful. Research in new rice varieties has added impetus.More flexibility in Irans rupee account will be supportive of rice and non-rice trade. Removal of recent stock limits on rice for export will also improve the sentiment. (The author is a grains trade analyst) (This article was published on December 19, 2013) Keywords: US/EU-Iran interim agreement, Basmati rice, rice producers, world trade, import of rice
Grand jury in Kansas indicts Chinese scientists

Two scientists from China working in the U.S. have been indicted in Kansas on charges alleging they stole seeds developed by a U.S. bioscience company and gave them to an agricultural delegation visiting from China.A federal grand jury on Wednesday indicted Weiqiang Zhang and Wengui Yan on one count each of conspiracy to steal trade secrets and one count of theft of trade secrets.Zhang, an agricultural seed breeder at Ventria Bioscience's facility in Junction City, and Yan, a U.S. Department of Agriculture research geneticist at the Dale Bumpers National Rice Research Center in Stuttgart, Ark., were initially charged last week with
conspiracy to steal trade secrets.Zhang was being held at a detention center in Leavenworth. Yan has been detained in Arkansas. Federal public defenders appointed to represent the two men did not immediately return calls seeking comment Friday.The two are accused of stealing Ventria rice seeds containing proteins used for therapeutic purposes. The seeds were protected by Ventria as "confidential and propriety information," the indictment said. Ventria, based in Fort Collins, Colo., did not respond to an email seeking comment Friday.According to the federal complaint filed last week, the company told federal authorities it was the only U.S. producer of those particular seeds and that if they were stolen and the technology compromised "its entire research and development investment would be compromised." The company said its investment in developing the seeds ranged from $3 million to $18 million. Zhang, a citizen of China who is a lawful permanent resident of the U.S., began collecting the seeds in October 2012 from Ventria's facility in Junction City, Kan., where he managed the plant breeding and nursery operations, according to the indictment.Yan, who had worked for the USDA since 1996 and is a naturalized U.S. citizen, then visited a crops research institute in China with Zhang in 2012 "to gauge how their agricultural knowledge and expertise would assist and further the efforts of the crops research institute," the indictment said.The pair arranged for a delegation from a crops research institute in China to visit the U.S. this summer so they could "specifically pass along Ventria's Trade Secret Information and Ventria's unique rice seeds with recombinant proteins," the indictment alleges. U.S. Customs and Border Protection confiscated the seeds from the delegation before they flew back to China in August. The indictment does not name the institute that the delegation represented. Zhang and Yan each face up to 10 years in prison and fines up to $250,000 on each count.Their case coincided last week with charges in Iowa against six other men from China, including the CEO of a seed corn subsidiary of a Chinese conglomerate. They are charged with conspiring to steal patented seed corn from two of America's leading seed developers. But Jim Cross, spokesman for the U.S. Attorneys in Kansas, said as far as he knows the two cases are not related.Peter Toren, a former federal prosecutor who handled trade secrets cases, said earlier this week that the number of cases of economic espionage connected to China has increased significantly in recent years, due in part to a lack of respect for intellectual property rights in that country."The value in bringing these cases in the criminal forum is hopefully it will have some deterrent effect," Toren said.
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20th December , 2013

Chinese COLOR SORTER as low as

Be the part of Rice plus authors Visit: www.ricepluss.com,www.publishpk.net mujahid.riceplus@gmail.com riceplus@irp.edu.pk

TOP Contents - Tailored for YOU Latest News Headlines

Farmers told: Beware of fake hybrid rice seeds

FILE PHOTO OF RICE STOCKS AT NFA WAREHOUSE BY MIKE GUBAT

Rice importers fined for hiking prices

Bangkok rice FOB price

Whats next for Cambodian rice?

Basmati to stay on Irans plate

Grand jury in Kansas indicts Chinese scientists

For Advertising SPECS & RATES

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