29th October, 2014 Daily Exclusive ORYZA E-Newsletter Shared by Riceplus Magazine

October 28, 2014
DAILY EXCLUSIVE ORYZA E-NEWSLETTER

Riceplus Magazine wwww.ricepluss.com
mujahid.riceplus@gmail.com Cell: +92 321 369 2874

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Daily Exclusive ORYZA E-Newsletter
Compiled & Edited by Riceplus Magazine
www.ricepluss.comm
October 29, 2014
October 28, 2014


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News Headlines

FAO Forecasts Bangladesh 2015 Rice
Imports at 400,000 Tons, Down 33%
from Last Year
Global Rice Quotes
Cambodia Rice Exporters Watch
Developments in Thai Rice Sector
Oryza Overnight Recap - Chicago
Rough Rice Futures Collapse
Overnight Leaving Traders in the
Dark; Grains Maintain Recent
Support
Brazil Paddy Rice Index Increases
Slightly from Last Week
India Rice Millers Unhappy with
Government New Directive on Milling
Charges
FAO Forecasts Nepal 2014-15 Rice
Imports at 500,000 Tons, Up 10% from
Last Year
Thailand, India Rice Sellers Lower
Some of Their Quotes Today; Other
Asia Rice Quotes Unchanged
Oryza Afternoon Recap - Chicago
Rough Rice Futures Spend Session
Attempting Recovery from Overnight
Loss
Thailand Military Government Sells
203,000 Tons of Rice in Third Auction
Oryza U.S. Rough Rice Recap - Cash
Prices Drop with Futures Market
although Trade was Limited
So What Exactly Is The 3-metre, 30-
day Rule for Paddy Seed Planting?

October 28, 2014


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News Detail

FAO Forecasts Bangladesh 2015 Rice
Imports at 400,000 Tons, Down 33% from
Last Year
Oct 28, 2014

The UN's Food and Agriculture Organization (FAO) gas
forecasted Bangladesh rice imports to decline to around
400,000 Tons, down about 33% from an expected 600,000
tons in 2014 due to an expected increase in production in
2014.In its latest country brief on Bangladesh, the FAO
estimates the South Asian nation's total 2014-15 cereal
imports to decline about 3% to around 3.2 million tons from
last year's 3.3 million tons.
The UN agency estimates Bangladesh 2014 paddy production from all three crops - Aman
(April - December), Aus (February - August) and Boro (October - May) - at around 52.5 million
tons (around 35.175 million tons, basis milled), up about 2% from around 51.68 million tons
(around 34.626 million tons, basis milled). Aman, Aus and Boro account for around 38%, 7%
and 55% respectively, of Bangladesh's annual paddy production.
Harvesting of the 2014 Aman rice crop is likely to start early November and continue till mid-
December. Good weather conditions have benefited the sowing activities and crop development
during the Aman season, according to the FAO.
Rice prices remained stable in September on both month-on-month and year-on-year basis. As of
September 18, the prices of coarse rice Dhaka stood at around $422 per ton, according to the
Ministry of Food. The governments extension of Boro rice procurement of about 1.1 million
tons till 15 October have helped prices remain relatively stable. The government paid Tk 31
(around $394 per ton) for parboiled rice, around Tk 30 (around $381 per ton) for white rice and
around Tk 20 (around $254 per ton) for paddy.
October 28, 2014


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The government said it will start procurement for 2014 Aman crop from November 15 and has
fixed procurement rate for white rice at around Tk 32 per kilogram (around $412 per ton) from
around Tk 30 per kilogram (around $387 per ton) last year due to increase in production costs. It
fixed the production costs for husked rice (milled rice) at around Tk 28 per kilogram (around
$355 per ton), up about 10% from around Tk 25.42 per kilogram (around $322 per ton).
USDA estimates Bangladeshs MY 2014-15 (July 2014 June 2015) milled rice production to
slightly increase to about 34.6 million tons from an estimated 34.39 million tons in MY 2013-14.
It estimates Bangladesh to import 678,000 tons of rice in 2014 and around 500,000 tons of rice in
2015.
Tags: Bangladesh rice production, Bangladesh rice imports, FAO, Bangladesh rice prices

Global Rice Quotes
October 28th, 2014
Long grain white rice - high quality
Thailand 100% B grade 430-440
Vietnam 5% broken 440-450
India 5% broken 410-420
Pakistan 5% broken 390-400
Cambodia 5% broken 465-475
U.S. 4% broken 440-450
Uruguay 5% broken 595-605
Argentina 5% broken 595-605
Long grain white rice - low quality
Thailand 25% broken NQ
Pakistan 25% broken 345-355
October 28, 2014


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Cambodia 25% broken 450-460
India 25% broken 370-380
U.S. 15% broken 510-520
Long grain parboiled rice
Thailand parboiled 100% stxd 420-430
Pakistan parboiled 5% broken stxd 425-435
India parboiled 5% broken stxd 395-405
U.S. parboiled 4% broken 580-590
Brazil parboiled 5% broken 585-595
Uruguay parboiled 5% broken NQ
Long grain fragrant rice
Thailand Hommali 92% 925-935
Vietnam Jasmine 575-585
India basmati 2% broken NQ
Pakistan basmati 2% broken NQ
Cambodia Phka Malis 880-890
Brokens
Thailand A1 Super 335-345
Pakistan 100% broken stxd 320-330
Cambodia A1 Super 360-370
India 100% Broken stxd 320-330
Egypt medium grain brokens NQ
U.S. pet food 445-455
Brazil half grain NQ
October 28, 2014


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All prices USD per ton, FOB vessel, oryza.com
Cambodia Rice Exporters Watch
Developments in Thai Rice Sector
Oct 28, 2014

Cambodia rice exporters have expressed concern that
Thailand's policy to delay sales of about 2 million tons
from the upcoming harvest to support prices from falling is
good for Thai rice farmers and exporters but not for them,
according to local sources.The President of the Cambodia
Rice Federation (CRF) told local sources that Cambodia
rice exporters would be impacted negatively when
Thailand decides to sell the held-over stock. He noted that
Thailand is already sitting on stocks of around 18 million tons due to the previous government's
rice pledging scheme. Sooner or later they will have to release the stock pile into global market,
which will impact Cambodia, he was quoted as saying.
One of the leading exporter added that Thai government intervention to raise rice prices will
affect Cambodia rice exports and prices down the line after a year or so. He noted that Thailand's
pricing particularly impacts Cambodia's fragrant rice exports as they are already an established
player in the segment and Cambodia is just settling in the market. Low price is a major attraction
to Cambodia's fragrant rice exports. They may be affected if Thailand happens to lower export
prices forcefully to release their stocks into the global markets.
The Thai government has promised to provide low-interest loans (for up to 90% of total stock) to
farmers to hold their harvest and refrain from selling. It aims to boost prices of unmilled, jasmine
and glutinous rice through the above-stated measures.
Cambodia is keen on increasing its rice exports to over one million tons this year and has been
taking measures to boost exporters' confidence. It has also built a large-scale paddy rice bank to
ensure uninterrupted supplies to millers and exporters in that direction. The Cambodian rice
exporters carefully assess the impact of any development in other Asian rice exporting countries.
Cambodia exported around 269,370 tons of rice in January - September 2014, up about 1% from
October 28, 2014


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around 266,123 tons exported during the same period in 2013, according to the Secretariat One
Window Service (SOWS-REF) under the Ministry of Trade.
The UN's FAO estimates Cambodia's rice exports to decline to around one million tons
(including official and unofficial exports to Vietnam and Thailand through borders) in MY 2013-
14 (January 2014 - December 2014), down about 9% from around 1.09 million tons exported in
MY 2012-13 due to a likely reduced trade with Thailand and Vietnam.
USDA estimates Cambodia to export 1 million tons of rice in 2014, down about 7% from around
1.075 million tons in 2013.
Tags: Cambodia rice exports, Cambodia fragrant rice exports, Thailand rice exports

Oryza Overnight Recap - Chicago Rough
Rice Futures Collapse Overnight Leaving
Traders in the Dark; Grains Maintain Recent
Support
Oct 28, 2014
Chicago rough rice futures for Nov delivery are currently noted 38 cents per cwt (about $8 per
ton) lower at $11.855 per cwt (about $261 per ton) during early morning floor trading in
Chicago. The other grains are seen trading higher: soybeans are currently seen about 1.2%
higher, wheat is listed about 1% higher and corn is noted about 1.7% higher.
U.S. stocks looked set for a higher market open on Tuesday, as traders eyed earnings from
Facebook, Pfizer, Verizon, United Technologies and Intuitive Surgical. Stock-index futures cut
gains after data showing orders for U.S. durable goods fell 1.3% last month, compared to
expectations of a gain of 0.5%. Another report had home prices up 5.6% in August in 20
metropolitan areas. The Federal Open Market Committee begins its two-day policy meeting on
Tuesday morning. It is expected to declare the end of its quantitative easing program when it
releases its statement Wednesday afternoon. The U.S. consumer confidence reading for October
is due on Tuesday. It is expected to show a slight improvement following the marked drop in
September. U.S. stock index futures are seen 0.4% higher. Gold is currently trading about 0.4%
higher, crude oil is seen trading about 0.1% higher, and the U.S. dollar is currently trading about
October 28, 2014


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0.2% lower at 9:45am Chicago time.
Tags: chicago rough rice futures, U.S. rice

Brazil Paddy Rice Index Increases Slightly
from Last Week
Oct 28, 2014

The Brazilian paddy rice index maintained by CEPEA reached around 36.79 real per 50
kilograms as of October 27, 2014, up about 0.25% from around 36.7 real per 50 kilograms
recorded on October 20, 2014.
In terms of USD per ton, the index reached around $290 per ton on October 27, 2014, down
about 3% from around $299 per ton recorded on October 20, 2014.
Tags: Brazil paddy rice index, CEPEA paddy rice index

October 28, 2014


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India Rice Millers Unhappy with
Government New Directive on Milling
Charges
Oct 28, 2014
Indian rice millers are unhappy with the Central
Government's decision to reduce milling charges to about
Rs.10 per quintal (around $1.6 per ton), down about 33%
from around Rs.15 per quintal (around $2.4 per ton) in this
kharif season, according to local sources.The Indian
government has also decided not to include transportation
charges in the milling charges. For the past four decades,
the Food Corporation of India (FCI) had been bearing
transportation costs from the grain market to the
FCI/government warehouses if the distance was with 8
kilometers. If the distance was more than 8 kilometers, the
FCI used to reimburse transportation expenditure incurred
by the millers.Now, in the latest directive, the government
decided that the FCI will not bear transportation costs if
the distance between the grain market and warehouses in
within 8 kilometers. It has decided to reimburse all transportation costs starting from the
beginning point to warehouses. But has not specified the rate at which it would reimburse
transportation costs to the millers.
Millers are complaining that while the tariff commission of the government advised to increase
milling charges, the government has reduced them.Likely lower output from this kharif (June -
December) season and the government's previous directive to cap levy rice procurement from
millers at 25% for the 2014-15 procurement season (October - September) from the existing 30-
75% are already likely to impact millers' incomes this year. The new directive adds to millers'
woes, according to local sources.
However, the decision may reduce government bill on FCI subsidies. The new government has
planned a restructuring program of FCI, has been facing liquidity crunch for sometime due to
lesser allocation of funds against the estimated subsidy bill in the last three-four years. In August
this year, the FCI has written to the government to clear its subsidy dues of around Rs.50,000
October 28, 2014


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crore (around $8.2 billion) in a phased manner.
Tags: India Rice Millers, FCI, Levy rice
FAO Forecasts Nepal 2014-15 Rice Imports
at 500,000 Tons, Up 10% from Last Year
Oct 28, 2014
The UN's Food and Agriculture Organization
(FAO) gas forecasted Nepal 2014-15 (July -
June) rice imports to surge to around 500,000
Tons, up about 10% from around 454,454 tons
in 2013-14 due to an expected decline in 2014
production and sustained demand. In its latest
country brief on Nepal, the FAO estimates the
South Asian nation's total 2014-15 cereal
imports to increase by about 10% to around
571,800 tons from last year's 519,818 tons.
The UN agency estimates Nepal 2014 paddy production at around 4.6 million tons (around 3.1
tons, basis milled), down about 9% from around 5 million tons (around 3.35 million tons, basis
milled) due to an estimated 6% decline on planted area as a result of late and below-average
monsoon rains, which hindered sowing process as well as leading to reduced yields. Floods and
landslides across Mid-Western and Far-Western regions of the country further added to losses in
rice production.
Harvesting of the 2014 main season rice crop (April - December) has just begun and will
continue till mid-December.USDA estimates Nepals MY 2014-15 (October 2014 September
2015) milled rice production to slightly increase to about 3.1 million tons from an estimated 3.36
million tons in MY 2013-14. It estimates Nepal to import 250,000 tons of rice in 2014 and
around 350,000 tons of rice in 2015.
Tags: Nepal rice imports, Nepal rice production, FAO

October 28, 2014


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Thailand, India Rice Sellers Lower Some of
Their Quotes Today; Other Asia Rice Quotes
Unchanged
Oct 28, 2014
Thailand rice sellers lowered their quotes for 5% broken rice and A1 super white broken rice by
about $5 per ton each to around $415 - $425 per ton and $335 - $345 per ton respectively today.
India rice sellers lowered their quotes for 5% broken rice and parboiled rice by about $5 per ton
each to around $410 - $420 per ton and $395 - $405 per ton respectively. Other Asia rice sellers
kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is quoted at around $415 - $425 per ton, down about $5 per ton from yesterday
and about $25 per ton discount to Vietnam 5% rice shown at around $440 - $450 per ton. India
5% rice is quoted at around $410 - $420 per ton, down about $5 per ton from yesterday and
about $20 per ton premium on Pakistan 5% rice quoted at around $390 - $400 per ton.
25% Broken Rice
Thailand 25% rice was last quoted at around $350 - $360 per ton, about $50 per ton discount to
Vietnam 25% rice shown at around $400 - $410 per ton. India 25% rice is quoted at around $370
- $380, about $25 per ton premium on Pakistan 25% rice quoted at around $345 - $355 per ton.
Parboiled Rice
Thailand parboiled rice is quoted at around $420 - $430 per ton. India parboiled rice is quoted at
around $395 - $405 per ton, down about $5 per ton from yesterday and about $30 per ton
discount to Pakistan parboiled rice quoted at around $425 - $435 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, is quoted about $335 - $345 per ton, down about $5 per ton
from yesterday and on par with Vietnam 100% broken rice shown at around $335 - $345 per ton.
India's 100% broken rice is shown at around $320 - $330 per ton on par with Pakistan broken
October 28, 2014


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sortexed rice quoted about $320 - $330 per ton.
Tags: Vietnam rice prices, India rice prices, pakistan rice prices, Thailand rice prices

Oryza Afternoon Recap - Chicago Rough
Rice Futures Spend Session Attempting
Recovery from Overnight Loss
Oct 28, 2014
Chicago rough rice futures for Jan delivery settled 17 cents per cwt (about $4 per ton) lower at
$12.305 per cwt (about $271 per ton). Rough rice futures suffered a limit-down loss overnight,
likely due to triggering of stop orders, and spent the day session attempting to recover ground.
By the ringing of the closing bell the market had recovered the majority of its losses but
remained nearly 20 cents per cwt (about $4 per ton) lower for the day.
Todays action has confirmed the reemergence of the longer-term bearish trend, and point to a
continuation lower as the market searches for a firm price floor. Technically the market remains
oversold and is likely to remain so going into the delivery period of November futures. The other
grains finished mostly higher but well off of session highs today; Soybeans closed about 0.2%
higher at $10.0800 per bushel; wheat finished about 1.5% higher at $5.3075 per bushel, and corn
finished the day about 0.4% higher at $3.6450 per bushel.
U.S. stocks rose on Tuesday, with the Dow industrials extending gains into a fourth day and the
S&P 500 and Nasdaq Composite higher on the month, as investors embraced corporate earnings,
a rise in consumer sentiment and anticipated the end of the Federal Reserve's bond buys. The
Federal Open Market Committee concludes a two-day session on Wednesday, with Fed watchers
expecting the central bank to remain on its tapering track.
At or near session highs, the Dow Jones Industrial Average was lately up 118 points, or 0.7%, at
16,935.94. The S&P 500 rose 15.12 points, or 0.8%, to 1,976.75, with energy and industrials the
best performing and utilities the laggard of its 10 major sectors. The Nasdaq added 62.14 points,
or 1.4%, to 4,548.08. Gold is trading about 0.1% lower, crude oil is seen trading about 0.4%
higher, and the U.S. dollar is seen trading about 0.1% lower at about 2:00pm Chicago time.
Monday, there were 2,406 contracts traded, up from 2,164 contracts traded on Friday. Open
October 28, 2014


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interest the number of contracts outstanding on Monday decreased by 140 contracts to
10,231.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market
Thailand Military Government Sells 203,000
Tons of Rice in Third Auction
Oct 28, 2014
Thailand's Commerce Ministry has sold around 203,000 tons of rice from around 207,000 tons
put up for sale in the third auction (after the military government took over) held today,
according to local sources.The Ministry put up around 76,000 tons of white rice with 5%
moisture and around 131,000 tons of broken rice for sale in today's auction. It received bids in
the range of around 10,700 - 12,180 baht (around $329 - $375) per ton for white rice and around
7,000 - 8,600 baht (around $216 - $265) per ton for broken rice.
While 37 buyers participated in the bidding process, 18 of them were declared winners,
according to local sources. The Director-General of the Department of Foreign Trade told local
sources that the results of the auction were satisfactory with good number of participants and
high range of prices offered. She noted that the Commerce Ministry is planning for more
auctions and will seek permission from the Rice Policy and Management Committee for the
same.
The Ministry sold around 140,000 tons of rice in the previous two auctions raising around 1.7
billion baht (around $52.3 million). Thailand still has around 18 million tons of rice stocks and
the military government is keen on selling them over the next three years various channels such
as general auctions, government-to-government sales, direct sales and the Agricultural Futures
Exchange of Thailand (AFET).
Tags: Thai rice auctions, white rice, Broken rice, Thai Commerce Ministry
Oryza U.S. Rough Rice Recap - Cash Prices
Drop with Futures Market although Trade
was Limited
October 28, 2014


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Oct 28, 2014
The U.S. cash market was materially weaker today after the futures market took a steep dive
overnight although recovering well off of the lows.As of today, offers decreased to around
$12.15-$12.40 per cwt fob farm (about $268-$273 per ton) while bids dropped to around $11.75-
$12.00 per cwt (about $259-$265 per ton) for November delivery. However, there were no
trades to report today.
Tags: U.S. rice prices, U.S. rice market
So What Exactly Is The 3-metre, 30-day Rule
for Paddy Seed Planting?
Oct 28, 2014
While we still cant answer tricky questions like whether the seed
came first or the plant came first, top notch researchers in India
can definitely tell us the best way to pick up the right seed to
ensure the best harvest. In the first part of this two-part series on
paddy seed, Dr N Lingaiah, Scientist (Pl.Br), Regional Agricultural
Research Station, Warangal in south India, talks about why
planting the right seed on the right side has an impact on the rice
production.
Oryza: Based on your academic research, what do you suggest as the three important factors to
remember while picking up the right grain for rice cultivation?
Dr Lingaiah: Protection of seed production plots from the sources of contamination is necessary
for maintaining genetic purity and good quality of seed. Genetic purity is maintained by avoiding
cross-pollination and mixture of seeds of other varieties in seed plots. Genetic purity can be
maintained by isolation and rouging.
Oryza: How does the farmer ensure genetic purity is maintained?
Dr Lingaiah: Maintenance of genetic purity of a seed crop by keeping the variety in isolation
from varieties if the same species and some cross compatible other species to avoid cross-
pollination is known as isolation. Minimum isolation distance (m) recommended for foundation
and certified seed production in rice crop is 3 meters, it means that there should not be any other
rice variety within a radious of 3 meters from the seed production plot.
October 28, 2014


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If space isolation is not possible, a time isolation of 25-30 days can be provided, it means that
planting should be arranged in such way that there is a difference of at least 25 days between the
flowering of seed production crop and the neighboring rice varieties. Isolation can be maintained
by providing physical barrier of optimum height around the seed production plot. Physical
barrier of polythene sheet of 2 meter height or planting of 5 meter wide strip of crops like
Dhaincha (legume and an annual shrub) 15 days before transplanting of rice, reduces the
movement of windblown pollen by controlling the velocity of air.
The seed production plots should be examined critically for removal of any unwanted plants
throughout the growth phases. A plant in the seed crop which deviates from the norm for the
cultivar and show variation in expression of distinguishing characters or abnormal performance
of the plant in comparison to normal expression of the cultivar is called rogue.
Oryza: While every paddy farmer agrees that roughing is a continuous process throughout the
crop season, what should be its frequency for maximum impact?
Dr Lingaiah: Roguing helps maintain genetic purity of seed in seed production plots as it a
process of removal of unwanted rice plants from the seed production plots. Though rouging is a
continuous process throughout the crop season, it is important to carry out rouging at three
different growth stages i.e. rouging at maximum tillering stage, before and during flowering and
before harvest.
Oryza: What are the characteristic features of seed parent which help in easy identification of
rogues at each stage?
Dr Lingaiah: Nursery: Nursery beds should be raised in a fertile, well leveled plot where no
rice crop was grown or no crop of the same kind was grown in the previous season.
a) Roguing at maximum tillering stage: Off- types can be identified, based on
morphological differences from the true to type. Remove all plants based on morphological
differences in plant height, leaf shape, leaf sheath color, leaf blade size, pigmentation on stem,
shape of ligule etc. from true to type.
b) Roguing before and during flowering: The plants which differ from true to type in
respect of flowering ( early and late), panicle exsertion, panicle type, anther color, spikelet shape
etc. should be removed
c) Roguing before harvesting: based on grain characteristics such as grain type, grain size,
grain shape, lemma color, pigmentation, presence or absence of awns etc. off-types are to be
removed.
d) Harvesting and Threshing: Extreme care should be taken while harvesting, threshing and
processing. The seed should be properly dried (moisture percentage is reduced to 12%) and
bagged in new well aerated gunny bags.

Tags: Rice, rice news, seeds, protection, quality, Dr N Lingaiah

29th October, 2014 Daily Exclusive ORYZA E-Newsletter Shared by Riceplus Magazine

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October 28, 2014

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