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Vol 7,Issue IV
April 12 ,2016
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Editorial Board
Chief Editor
Hamlik
Managing Editor
English Editor
Maryam Editor
Legal Advisor
Advocate Zaheer Minhas
Editorial Associates
Dr.Hasina Gul
News Detail...
Dr.Hidayat Ullah
Assistant Professor, University of
Swabi
JAZIB
Swabi
ALIAPRIL 11,
2016
Genetically Modified Organisms (GMOs) are one of the marvels of science and their
existence in the natural world cannot be denied. In fact almost all the African
countries have been taken over by the swarms of GMOs in the form of GM crops,
GM products, etc. These GMOs are produced by insertion of genetic portions of
different traits from different organisms into the genome of one organism.These
GMOs have many useful aspects, but besides those useful aspects they also are
capable of many negative effects on the ecosystem and these negative effects are far
more noticeable than beneficial ones.
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Dr.Abdul Basir
Assistant Professor, University of
Zahid Mehmood
PSO,NIFA Peshawar
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First ever genetically engineered DNA was made in 1973 and after that the process got started
and adopted by many scientists, and the result is in the form of todays world where new diseases
keep on originating from nowhere, old ones got worse with only some vaccines as a preventive
measure but where does it lead those people of our society who die just because they cannot
afford such expensive medication?
In Pakistan, trend of GMOs is still in. This country has been inoculated with the virus of GMOs
in the form of BT-cotton being grown all over Pakistan. BT-rice, more than 60% of which is
being used all over the country and people are unaware of it, GM tomato, potato are among
many others.Whenever someone dies at the young age (25-45 years approx) due to any disease,
people say its the will of God; but why dont we ask ourselves what if we try to make this planet
as God ordered us to make it? Why is the natural world so limited? Why dont we see cancer as
the genetic disorder when someone young dies of it? What if the inserted genes in GMOs are
causing this? What if the insect resistant toxin produced by BT-cotton causes cancer or other
fatal diseases? Why our animals dont eat seed cake made from GM crop seeds? Why
international seed companies and food departments are taking over the control of what we eat in
this country? These entire questions have answers waiting before us. The only thing that we need
to do is to expand our point of view. We must try to take things seriously and more
deeply.Always keep it in mind to think before you eat, no matter what you eat and how
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The industry is expected to witness weak sales growth or degrowth and decline in profitability in
2015-16, Majumdar said. "Inability to liquidate stocks and recover funds from debtors are likely
to increase the funding requirements and hence leverage. Nevertheless, players with established
brands and strong distribution network are likely to be better placed to cope with the challenges,"
he said. Majumdar said that the situation is likely to improve only from the next basmati paddy
harvest season in the second half of FY17. Prerana Desai, vice president, Edelweiss Agri
Research, said that the prices of basmati paddy had bottomed out in February 2016 when it
touched Rs 4,600 per quintal. "Though it has gone up to Rs 5,250 per quintal, the prices will
keep on languishing for some time," she said.
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In this March 28 photo, workers repair a dried up irrigation canal at Chai Nat province. Much of
Southeast Asia is suffering its worst drought in 20 or more years. Tens of millions of people in
the region are affected by the low level of the Mekong, a rice bowl-sustaining river system that
flows into Laos, Thailand, Cambodia and Vietnam.(AP photo)
BEIJING -- China will release more water from a dam in its southwestern province of Yunnan to
help alleviate a drought in parts of Southeast Asia, China's Foreign Ministry said on Tuesday,
following an initial release begun last month.The water already began being released on Monday
from the Jinghong dam, and will continue to be released until the "low-water period" is over,
ministry spokesman Lu Kang told a daily news briefing.The actual amount of water released will
be decided upon by how much water there is to release upstream and the demands of
downstream users, Mr Lu added.China's releases of water show the effectiveness of "water
facilities" in helping control floods and address droughts, he said.
China has said that the water released will benefit Thailand, Cambodia, Laos, Myanmar, and
Vietnam.
Thailand is facing its worst water shortage in two decades, with 14 out of 76 provinces hit and
large swathes of agricultural land at risk.Cambodian Prime Minister Hun Sen expressed concern
on Monday that if low water levels in the Mekong River persist, Cambodia could be "seriously
affected" by drought and the encroachment of sea water.
Speaking at a Buddhist ceremony in Prey Veng province, Hun Sen said that the river's low level
has already resulted in sea water flowing about 100 kilometres into the Mekong delta in
Vietnam, and that it could reach Cambodia as well in the absence of sufficient freshwater.The
premier added that during his recent visit to China, he requested the upper Mekong country allow
a larger volume of water to flow down the river.He said he also asked Thailand, Myanmar and
Laos not to block any more water than is essential for their own usage, so as not to trigger
drought conditions in the lower Mekong countries.
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In Vietnam, some 1.8 million people are facing water shortages and the government says
230,000 hectares of rice has been destroyed in the central and southern regions this year.
While China and Vietnam are involved in an increasingly bitter territorial dispute in the South
China Sea, the two communist-led countries have traditionally had close ties.
Beijing and Hanoi have also been trying to repair ties severely harmed in 2014 when Beijing
parked an oil rig in waters off the Vietnamese coast, leading to anti-China riots.
Bangkok Post
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When asked if the country may be able to count on drought-stricken rice-producing countries for
500,000 MT considering the possibility of higher rice prices, Mr. Co answered in the negative.In
2015, some 511,250 MT of rice was approved for importation via contracts with various
countries, with specific quotas governed by the minimum access volume scheme, which allows
produce to enter into the country at reduced tariff rates. Of the total, 51.50% was bagged by
Vietnam. Thailand and India received allocations of 42.08% and 1%, respectively.
According to Vietnam Consolidated Report on Drought and Saltwater Intrusion collated
between October and March by the United Nations Disaster Risk Management Team
(UNDRMT), provinces in the Mekong Delta, Southern Central and Central Highlands regions
have been feeling the impact of the El Nio-induced dry spell since the end of 2015.The Mekong
Delta is Vietnams source of about half the countrys rice and fruit, with 159,000 hectares (ha) of
the staple grain reported damaged by the drought as well as by saltwater intrusion as of March 9.
Since the end of 2015, water levels in the lower Mekong River have been at their lowest level
since records began nearly 100 years ago. It is estimated that levels of water shortage in the
rivers of the Mekong Delta range from 30-50%, reported the UNDRMT, adding that further
500,000 ha of paddy rice is likely to be damaged by mid-2016.
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NFA spokesperson Angel G. Imperial said that the Philippine plan to import about 500,000 MT
more rice is not yet a definite plan... Its just a possibility being considered to boost buffer
stocks as a precaution against the dry spell, which has been hurting farms here since February
2015.Earlier, the NFA announced that buffers may be sufficient to rule out imports in the first
half of the year.This will be an interesting few months for the global market, which faces a tight
supply situation for the first time since 2007-08, according to a post by Dr. Sam Mohanty, head
of the Social Sciences Division of the International Rice Research Institute (IRRI) dated Feb. 22
on the official IRRI Web site.
The rice stocks of five major exporters -- India, Thailand, Vietnam, Pakistan and the United
States have declined since reaching a peak of nearly 41 million tons in 2013, according to
IRRI, citing United States Department of Agriculture (USDA) data.The USDA was quoted as
saying that the biggest drawdown of stocks in the exporting countries is under way this year,
with a 40% drop from a year earlier to reach 19 million tons by late 2016.Mr. Co said that with
great crop damage resulting from the dry spell, a potential crisis looms that reminded him of the
rice crisis of 2008, when prices exceeded $1,000 per MT.If we rely on imports, what happens if
the countries have problems [supplying] their own like what is happening now? We will be
hostage to the rise in prices, said Estrella F. Catarata, executive director of the Philippine
Network of Food Security Programmes, a convenor of the Green Action PH, civil society group.
Ms. Catarata also noted similarities to 2008.If possible this may be even worse than 2007-2008
crisis when there were no weather disturbances to spur the crisis, Ms. Catarata said, noting that
the violence in Kidapawan City may be a sign of the worsening situation.
If the government is serious in eradicating poverty and boosting agriculture, they should invest
in irrigation, said Ms. Catarata. She estimated that nongovernment organizations can establish
irrigation systems for P300,000-P400,000 adequate to the needs of a community of some 200
households.UNIDRMT reported that Vietnam has allocated $23.3 million in emergency funds to
compensate farmers suffering from El Nio as well as providing them with water tanks and other
provisions.
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MANILA The Philippines should scrap rice import quotas and instead charge tariffs on
shipments of the grain, the World Bank said on Monday, as it urged the Southeast Asian country
to open up its economy to more competition.The country is the one of the world's top rice
buyers, but its import controls aimed at protecting farmers have previously caused shortages and
in 2014 local prices hit a record high and increased the number of Filipinos living in
poverty.World Bank lead economist Rogier van den Brink said the government should replace
import caps with an initial 30% tariff, compared with 35% currently imposed."Simulations show
that these policy changes will reduce poverty and hunger significantly," he told a news briefing,
citing the private sector's capacity to meet supply shortages efficiently.
Easing restrictions on rice imports has been a hot issue in the Philippines, with the government
retaining tariffs and quotas to protect farmers, despite its commitment to removing global trade
barriers.The state grains procurement agency, the National Food Authority (NFA), is the only
body allowed to import rice tariff free."Liberalising rice trading and easing restrictions on local
and foreign capital, and investments in sectors like telecommunications, shipping and
construction, should generate more jobs, increase income and lower prices,'' van den Brink said.
In its latest outlook, the World Bank kept its 6.4% and 6.2% growth forecasts for the Philippines
for this year and next, making it among the fastest growing economies in the region. The
economy grew 5.8% in 2015.But Karl Kendrick Chua, senior country economist at the World
Bank, said the economy faced a range of risks including an uneven recovery of richer economies,
financial market volatility, slower remittance growth from oil exporting countries, the El Nio
weather pattern, and uncertainty around the May 9 Philippine elections.
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The team-up with IRRI initially provides for the development and implementation of the PRISM
Philippine Rice Information System (Prism) until 2017.Earlier this year, the DA announced it
would continue beyond 2017 the Prism program, which is considered a pioneering achievement
as the Philippines is the first country in Southeast Asia to have such an operational system.Alice
Laborte, IRRIs project leader for Prism, says the DA will own, operate and sustain the rice
information system starting 2018.This will complement existing systems in the DA that guide
strategy and interventions for food security at national and regional levels, Laborte
says.Infrastructure, including resources and personnel, have been mobilized and PhilRice
(Philippine Rice Research Institute, a DA-attached agency) will be able to set up the Prism unit,
she adds.
This will be the center for all Prism operations, processes and maintenance.PhilRice executive
director Calixto Protacio says Prism has been helping the Philippines monitor rice production as
well as prepare for and mitigate the effects of disasters to rice areas such as typhoons and El
Nio.The PhilRice chief said this monitoring and information system had been generating timely
seasonal data on rice areas and yield, and assessment of crop health and damage in the event of
typhoons, flood or drought.Advancing information technology can lead to timely and crucial
information on which farmers and other stakeholders can base their decisions, surely leading to
competitiveness in the rice supply chain, Protacio says.Prism is one of several projects under
the Food Staples Sufficiency Program.
The DAs National Rice Program provides funding for Prisms development and
implementation, which the Bureau of Agricultural Research monitors.Jimmy Quilang, Prism
project leader at PhilRice, says the system enables a better, faster and accurate assessment of rice
areas, yield estimates, and forecast through the power of remote sensingall despite the various
locations, planting dates and effects of extreme weather events.Quilang adds that Prismgenerated information can help decision-makers to act immediately and implement adjustments
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Product
Price
2125
2180
2205
South Africa, HPS 70/80 peanuts CFR main European ports (USD/t)
1875
South African, HPS 40/50 peanuts CFR main European ports (USD/t)
1000
1210
840
691
Honey
Peanuts
White Sugar
581
Source:agra-net
Market Watch
Commodity-wise, Market-wise Daily Price on 09-04-2016
Domestic Prices
Product
Market Center
Variety
Min Price
Max Price
Jajpur (Orissa)
Other
1800
2400
Rice
1
12
Dibrugarh (Assam)
Other
2000
2900
Common
1750
1770
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Dehgam (Gujarat)
Other
1550
1855
Other
1375
1450
Umared (Maharashtra)
Other
1500
2250
Thirurrangadi(Kerala)
Other
3500
3700
Ganaur (Haryana)
Other
2600
3000
Other
4500
5000
Palayam (Kerala)
Other
900
1100
Nabha (Punjab)
Other
600
1000
Surat (Gujarat)
Other
700
1400
Mousambi
Brinjal
Source:agmarknet.nic.in
Egg
Rs per 100 No
Price on 11-04-2016
Product
Market Center
Price
Pune
320
Chittoor
348
Hyderabad
300
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
High
Atlanta
Mexico
Yellow
21
22.25
Chicago
Peru
Yellow
24
24
Detroit
Texas
Yellow
22
Onions Dry
Package: 40 lb cartons
Cauliflower
25.50
Package: cartons film wrapped
Atlanta
California
White
21.25
24.50
2
3
Chicago
Mexico
White
18.50
18.50
Dallas
California
White
16
18
Grapes
Atlanta
Peru
Red Globe
22
24.50
Chicago
Chile
Red Globe
20
22
Miami
Peru
Red Globe
17
20
Source:USDA
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Crippling drought brought on by the El Nino weather pattern could cut rice stocks among the
world's top exporters to levels not seen since 2008, potentially fueling a price crisis similar to
one seen that year, an industry expert warned.Total stocks in top shippers of the grain India,
Thailand, Vietnam, Pakistan and the United States are likely to fall to 19 million tonnes by the
second half of the year, from a peak of nearly 41 million tonnes in 2013, said Samarendu
Mohanty, head of the social sciences division at the Philippines-based International Rice
Research Institute."If we have a bad monsoon, with drought still persisting in many parts of
Asia, the risk significantly increases in terms of price response," Mohanty told Reuters in a
telephone interview.
Dwindling stockpiles could crimp volumes exporters are willing to ship abroad.Although a
severe El Nino is now fading, it has brought drought to swathes of Asia, drying irrigation
channels and destroying crops. It has also stoked concerns on the strength of the South Asian
monsoon due to start around June.Export restrictions by major rice producers including India fed
panic in the market in 2008, forcing big purchases by countries such as the Philippines that
caused Asian benchmark prices to nearly triple to around $1,000 a tonne.
After that, consumers and exporters, mainly in Asia, rebuilt rice inventories to avoid another
crisis, but Mohanty said stocks have been declining since 2013."Last year, nobody was
panicking because they were sure that there's plenty of rice in the market if there's any shortfall. I
think we don't have that luxury anymore this year," he said.The price of Thai 5-percent broken
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Jamaica Gleaner / Jamaicans are being warned to brace for a 10 to 15 per cent increase in the price of rice
from Guyana following a hike in the cost to import gain. Managing Director of Jamaica Rice Mills
Derrick Nembhard says in mid-March, the Guyana Rice Development Board introduced a pricing
schedule which requires Jamaican importers to pay US$400 per tonne if they are importing 1,500 tonnes
or more. However, if the Jamaican importers want less than the 1,500 tonnes they will have to pay more
than US$400 per tonne .
Nembhard says as a result of the increase in the price of rice imported from the region, the cost is being
passed on to consumers. Recently, the Jamaica Rice Milling Company signed agreements with the
Guyana Rice Development Board to import a total of 80,000 tonnes of rice from Guyana during 2016.
However, Nembhard says the Guyana Rice Development Board independently arrived at the pricing
schedule. Managing Director of Jamaica Rice Mills Derrick Nembhard JAMAICA: Rice price going up
by 10 to 15 per cent Con Informacin de Jamaica Gleaner
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India's crucial monsoon rains are expected to be above average in 2016, the weather office said
on Tuesday, easing fears over farm and economic growth after two straight droughts hit rural
incomes and agricultural output.Rains in 2016 would be 106 percent of the long-term average,
Laxman Singh Rathore, chief of the India Meteorological Department, told a news
conference.Rathore said the monsoon rains could be above average as El Nino - a warming of
the eastern Pacific Ocean that can lead to dry spells in South Asia - is fading and giving way to
La Nina in which the same waters cool.
The July-to-September monsoon delivers 70 percent of India's annual rainfall. It is critical for the
country's 263 million farmers and their rice, cane, corn, cotton and soybean crops, as nearly half
of its farmland lacks irrigation.Bumper rains can spur farm and economic growth and boost rural
demand for gold, cars, motorcycles, refrigerators and fertilizer. Two-thirds of India's population
depends on farming for its livelihood.Plentiful rains could also encourage the Reserve Bank of
India to cut interest rates after the central bank this month eased its repo rate by 25 basis points
to its lowest in more than five years.
"If indeed we end up having a better-than-normal monsoon, and spatial distribution of monsoon
and production indicators point to a normal year, then the RBI's comfort for another rate cut will
increase," said Gaurav Kapur, senior economist at Royal Bank of Scotland in Mumbai.A normal
or average monsoon means rainfall between 96 percent and 104 percent of a 50-year average of
89 cm during the four-month season from June, the weather office says.
Two straight years of drought in India - for only the fourth time in over a century - have sparked
anger among farmers against Prime Minister Narendra Modi.They blame his government for
being slow in reaching out to them after drought ravaged their crops in 2014 and 2015, making a
mockery of his election promise that they would make a 50 percent profit on their cost of
cultivation.The farm vote will be critical in determining the fortunes of Modi's nationalist
Bharatiya Janata Party (BJP) when the big rural states of Uttar Pradesh and Punjab go to the
polls in the first half of next year.(Reporting by Mayank Bhardwaj and Sankalp Phartiyal;
Editing by Rajendra Jadhav and Douglas Busvine)
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This year's best news so far has just arrived. After two consecutive droughts, the India Meteorological
Department (IMD) on Tuesday said the monsoon this year is expected to be above normal. It forecast
monsoon at 106 per cent of the Long Period Average (LPA). This is the first time since 1999 that
department has made an above normal prediction.
In its first seasonal forecast for 2016, IMD said
rains, a lifeline for millions of farmers across the
country, would also be distributed fairly, a factor
which is as critical as total rainfall.In fact, director
general of IMD, L S Rathore said there could be a
possibility of excess rainfall in some parts, but its
prediction is difficult as of now. Advance
preparation is being planned to tackle such a
situation. Monsoon is considered normal if rain
during the June to September season is 96-104 per
cent of the LPA. LPA is average seasonal rainfall
over the country in the past 50 years, starting
1951, and it is estimated to be 89 centimetres. The
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Futures:
ROUGH RICE
High Low
Last Change
Rice Comment
Rice futures were lower across the board. It looks like futures are attempting to consolidate
above the recent spike low. Technically, the first level of support for May is the recent low of
$9.42 1/2, while overhead trendline resistance is currently near $10.09. The supply/demand
report released today wasn't changed much from last month's report. World ending stocks were
decreased to 90.17 million metric tons. However, the U.S. on-farm expected price was lowered
to $12.30-$12.70.
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Ben Mosely, USA Rice vice president of government affairs, was one of the six panelists tapped by the
Cuba Working Group for perspective, and said, "USA Rice is part of the broader group of coalitions
advocating for change and we have established relationships within the Cuban government. The U.S. rice
industry stands to reap substantial gains when the embargo is eventually lifted. We're looking at possibly
20-30 percent of the market share in just the first two years, with increases every year after."
Mosely expressed the need for action, saying, "The current Administration has taken steps in the right
direction and, for the most part, exhausted all the tools available under the President's authority. We now
look to Congress to take action to remove remaining financing barriers."In addition to Mosely, panelists
included: Luis Ribera, Ag Economics Department at Texas A&M University; Jamie Castaneda, National
Milk Producers Federation; Anne Thompson, Bunge North America; Bill Westman, North American
Meat Institute; and Devry Boughner Vorwerk, U.S. Agriculture Coalition for Cuba.
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Commodity Report-April 12
Published April 12, 2016
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For sometime now, this question is being raised, but absence of a convincing answer gives rise to
a more riddling quiz: Is Bangladesh a rice importing or exporting country or both? According to
the food ministry data, last year the country exported 50,000 tonnes of rice to Sri Lanka while
during the same period (FY) it imported 1.49 million tones from India.According to a report
published in a local daily, this year the country has already imported well over 0.2 million tonnes
from India in spite of high import duty at 20 per cent, and another 0.3 million tonnes are in the
pipeline with letters of credit (LCs) having been opened.The situation is confusing not only for
those working on food security but more for farmers across the country who are now waiting
with their fingers crossed ahead of the Boro harvest beginning in less than a month.
The government, reportedly, will procure around 1.2 million tonnes of rice by the end of next
month. But in a situation that does not offer a clear picture of country-wide demand, made
complex by increasing imports, it is going to be really uncertain whether farmers are going to get
fair price for their produce.There is more to the issue that further creates confusion about the
actual storage capacity of the country's food godowns. According to food ministry sources, it is
1.8 million tonnes. Rough estimate says presently there is spare capacity of barely 0.6 million
tonnes.This poses the all important question-- will the authorities be able to procure the target
volume in the absence of necessary storage facilities? All these are going to adversely affect the
price of rice in the ensuing harvesting season. One option for the authorities could be to release
large volumes of rice under the government's social security net programmes in order to increase
storage capacity.
What appears as the key barrier to removing these confusions is the absence of an assessment of
the country-wide demand for rice. Whatever figures the authorities may have calculated needs to
be revisited, because unless there is clear knowledge on consumption, all other calculations are
bound to be flawed. The cost of such flawed estimate is high.While it gives a misleading picture
of the overall food situation creating anomalies in government policies on export or import,
setting procurement targets.On the other hand, it is farmers who bear the brunt more than any
one else. Given the situation, it is for the authorities to work out corrective measures, if possible,
before it becomes too late.
http://www.thefinancialexpress-bd.com/2016/04/12/25903/The-paradox-of-rice-imports
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