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Global
Rice E-Newsletter
March 04 , 2015
V o l u m e 5, Issue I
In a bid to ramp up rice exports to 1 million tonnes in 2015, the Phnom Penh Autonomous Port
announced yesterday that rice stored in its warehouses would not be charge any fees for up to 18
days.The move comes after 2014s rice exports stacked up to 387,061 tonnes, according to the
www.ricepluss.com
R&D Section: Riceplus Magazine
Page 1
APEDA News
Market Watch
Commodity-wise, Market-wise Daily Price on 03-03-2015
Domestic Prices
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Cachar (Assam)
Fine
3000
3600
Chala (Kerala)
Other
2600
2625
Deogarh (Orissa)
Other
2000
3000
Amreli (Gujarat)
Other
1425
1650
Gumla (Jharkhand)
Other
2200
2700
Aklera(Rajasthan)
Other
1310
1430
Aroor (Kerala)
Other
5800
6000
Karanjia(Orissa)
Other
4000
4500
Haldwani(Uttrakhand)
Other
2800
5000
Aroor (Kerala)
Other
2200
2400
Banki (Orissa)
Other
1200
1500
Ateli(Haryana)
Other
1050
1150
Wheat
Apple
Brinjal
Source: agmarknet
Egg
Product
Market Center
Price
Pune
285
Nagapur
267
Namakkal
255
Source: e2necc.com
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R&D Section: Riceplus Magazine
Page 2
Product
Price
Apricots
1
6125
4875
3625
1552
1666
363
166
199
Currants
Corn/Maize
Source:agra-net
Product
Market Center
Origin
Variety
Low
Onions Dry
High
Package: 50 lb sacks
Atlanta
Baltimore
Chicago
Mexico
Yellow
14
14.50
New York
Yellow
13
13
Nevada
Yellow
10.50
Cucumbers
Atlanta
Mexico
Long Seedless
12
12.50
Baltimore
Canada
Long Seedless
10
11
Miami
Honduras
Long Seedless
10
Grapes
Atlanta
Baltimore
Peru
Red Globe
28
30.50
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R&D Section: Riceplus Magazine
Page 3
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Month
Price
Net Change
March 2015
$10.360
- $0.175
May 2015
$10.625
- $0.170
July 2015
$10.875
- $0.170
September 2015
$11.035
- $0.105
November 2015
$11.245
- $0.060
January 2016
$11.380
- $0.055
March 2016
$11.380
- $0.055
Page 5
MOAC: 36,000 rice farmers in central region are taking alternative employments due to drought
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R&D Section: Riceplus Magazine
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Speaking after an audience with President Hifikepunye Pohamba at State House here Monday, at
the head of Thai business delegation, most of them rice exporters, he said Thailand had all the
technologies and expertise needed in planting and growing rice."We have helped Ghana to grow
its own rice and today that country is producing rice even for export," he said.Pohamba urged
Namibian and Thai businesses to co-operate in the field of trade."We want Thailand to teach us
how to grow rice. Namibians know how to eat rice but do not know how to produce rice,"
quipped Pohamba.
He said the land was available, but there was no expertise. Namibia is already producing rice at
the Kalimbeza project in the Zambezi Region, where three varieties of rice -- Supa, Irga and
Angola -- are being grown.The project covers a total area of 222 hectares, of which some
hectares are still under production. It was declared a national project by Pohamba in 2009,
indicating its potential to boost food security and assist with poverty reduction.
-- BERNAMA-NNN-NAMPA
Rice imports hit a four-year high as traders find foreign produce, mainly from India,
cheaper.Private traders imported 8.73 lakh tonnes of rice between July 1 and March 2, the
highest since fiscal 2010-11, according to food ministry data. The government did not import any
rice in the same period.It is because of the price difference between the Indian and Bangladeshi
rice. Indian produce is cheaper than ours," said Chitta Majumder, owner of Majumder Traders
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R&D Section: Riceplus Magazine
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http://www.thedailystar.net/rice-imports-rise-to-four-year-high-67772
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R&D Section: Riceplus Magazine
Page 8
Expo Pakistan 2015' opens new avenues for rice export: REAP
chief
March 04, 2015,RECORDER REPORT
Expo Pakistan 2015' has opened new avenues for the rice export as buyers of several countries
were gathered under a roof, said Rafique Suleman Chairman Rice Exporters Association of Pakistan
(REAP). Addressing a reception in honour of foreign delegations of Kenya, Indonesia, Malaysia and
Kuwait, he expressed hearted congratulations to S M Munir, Chief Executive and Rabiya Javeri,
Secretary Trade Development Authority of Pakistan (TDAP) for organising successful event of Expo
Pakistan 2015 at Expo Centre Karachi.
Although Pakistani rice was already popular in the world market, however that exhibition had
provided another platform to explore new markets, he said. "Expo Pakistan 2015 provided good
opportunity to introduce Pakistani rice to foreign delegates and we will get very positive results
of this event," he added. Chairman REAP said rice had not been included in the Preferential
Trade Agreement (PTA) between Pakistan and Indonesia, which was a big hurdle in increasing
exports to Indonesia, hoping that after inclusion of Pakistani rice in PTA bilateral trade among
two countries could be enhanced.
Talking about the trade with Kenya, he said rice and tea were two major commodities being
traded between Kenya and Pakistan. He urged TDAP to continue those types of efforts to
increase the country's exports. Senior Vice President, FPCCI, Abdul Rahim Janoo said Pakistan
enjoyed very friendly relationship with GCC countries and Pakistan was importing huge quantity
of oil products. He said for first time a huge number of foreign delegations attended Expo
Pakistan which showed the confidence of foreign investors on government and its policies. Local
business community was also satisfied with the steps taken by government towards the
improvement of trade and business in Pakistan, he added.
On the occasion, High Commissioner of Pakistan to Kenya Rafiuzzaman Siddiqi, Consul
General of Indonesia in Karachi Hadi Santoso, Honarary Consul of Kenya in Karachi Hanif
Janoo, Senior Vice President, FPCCI Abdul Rahim Janoo, Commercial Secretary of Pakistan
Embassy in Indonesia Maria Kazi, Commercial Secretary of Pakistan in Malaysia Wajihullah
Kundi and others were also present.
The Business Recorder
Thailand won 200,000-tonne G2G rice sale deal with the Philippines
BY LARRY BANKS ON 2015-03-04THAILAND
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R&D Section: Riceplus Magazine
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World Price
Milled Value
($/cwt)
Rough
($/cwt)
Rough ($/cwt)
Long-Grain
15.48
10.03
0.00
Medium-/Short-Grain
15.10
10.17
0.00
Brokens
9.34
----
----
This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and
the corresponding loan rates:
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long-Grain
57.21/12.55
6.64
Medium-/Short-Grain
61.89/8.83
6.51
Month
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Price
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Net Change
March 2015
$10.465
+ $0.105
May 2015
$10.725
+ $0.100
July 2015
$10.975
+ $0.100
September 2015
$11.145
+ $0.110
November 2015
$11.305
+ $0.060
January 2016
$11.435
+ $0.055
March 2016
$11.435
+ $0.055
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This is good news for the rice industry, as U.S.-grown rice is sodiumand cholesterol-free, contains no trans fats or saturated fats, is glutenfree, and the least allergenic of all grains. These health features are
what consumers are seeking out and are happy to pay for. "The
outreach we do with registered dietitians is precisely designed to
capitalize on thesetypes of findings," said Fred Zaunbrecher, a
Louisiana rice farmer and chairman of the USA Rice Federation's
Domestic Promotion Committee. "We put a lot of effort into
positioning rice as the answer for this influential audience, and this
survey shows we got the questions right - the questions people are asking dietitians - namely, 'I
have health concerns, whatshould I be eating?'"
The obesity epidemic has worsened over the last few decades, with nearly half of global
respondents to Nielsen's Global Health and Wellness Survey reporting that they consider
themselves overweight. In spite of this statistic, or perhaps because of it, consumers are
becoming motivated to embrace foods, like rice, that promote good health and combat
disease. The "clean eating" craze has resonated with consumers and they are willing to pay top
dollar for these important health attributes.
The Global Health and Wellness Survey also revealed that consumers are looking for practical
foods that fulfill their nutritional needs. According to the study, more than 30 percent of
participants want foods that are high in protein, contain whole grains, or are fortified with
vitamins or minerals. U.S.-grown rice easily meets these criteria as it is nutrient dense and
contributes more than 15 vitamins and minerals including folate, iron, and zinc.
"There is a tremendous opportunity for food manufacturers and retailers to lead a healthy
movement by providing the products and services that consumers want and need," said Susan
Dunn, executive vice president, Global Professional Services, Nielsen. "While diet fads come
and go over time, innovative, back-to-basics foods that taste good, are easy to prepare, and
provide healthful benefits will have staying power."The U.S. rice industry agrees. "Healthy rice
bowls are fast, easy, delicious, and budget-friendly, and we think here to stay," said Zaunbrecher.
"You start with U.S.-grown rice and add other nutritious foods such as vegetables, poultry, lean
beef, seafood, and beans. It's a win-win situation."
Contact: Colleen Klemczewski (703) 236-1446
www.ricepluss.com
R&D Section: Riceplus Magazine
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