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22nd April , 2014
TOP Contents - Tailored for YOU Latest News Headlines

Cabinet gives green light to rice deal with Philippines 3 new rice varieties in market Rice Gets Trendy, Adds Nutrients and So Much More CGAIR Shares Latest Findings on Alternate Wetting and Drying Rice Management System Taiwan to further assistance on rice production in Haiti China to maintain high grain output for 2014-2023 Indonesian gov't redesigns rice program Sushi boom increases rice markets for Riverina growers Vietnam rice prices gain 2-3pc as harvest ends, Manila tender eyed Rice farmers waiting on Bt2 bn-Bt3 bn PWO reaffirms there is no rice missing from public warehouses Paddy farmers stage protest, seek MSP Germany launches Ghana Rice initiative project India Said to Forecast Normal Monsoon Rainfall
El Nino Forecast by Australia as All Models Predict Onset Nagpur Foodgrain Prices - APMC & Open Market-April 22
NEWS DETAILS:
Cabinet gives green light to rice deal with Philippines

April 21, 2014
Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
Los Baos, Laguna/ Science City Of Muoz, Nueva Ecija The Philippine Rice Research Institute (PhilRice) and the International Rice Research Institute (IRRI) renewed their science research agreement that aims to protect next-generation rice varieties in the country.In particular, the MOA aims to protect two elite-breeding varieties that are high yielding; disease resistant; and flood, drought, heat or salinity tolerant.PhilRice Executive Director Eufemio Rasco and IRRI Director-General Robert Zeigler said the five-year collaboration will also continue to jointly develop personnel capabilities in the bid to further improve the 97-percent rice sufficiency level of the country.
Earlier this month, Department of Agriculture Secretary Proceso Alcala claimed an increase of 16 percent in the countrys rice yield over a period of three years, making the Philippines the fastest-growing rice producer in Asia.Speaking at the annual Lakbay Palay activity in Nueva Ecija, Alcala said this improvement in rice production 18.44 million metric tons was achieved despite of the strong typhoons that visited the country last year.The DA chief encouraged the rice farmers to continue accepting new practices that reduces production cost, making rice prices more competitive geared towards the goal of lowering prices that will put an end to rice smuggling. (Sheen Crisologo and PNA)
3 new rice varieties in market

Binita Jaiswal,TNN | Apr 22, 2014, 12.41 PM IST
CUTTACK: Scientists of Central Rice Research Institute (CRRI), the premier rice research centre, have developed three new high-yielding varieties of rice. The new paddy seeds, CR Dhan 205, CR Dhan 306 and CRR 451, were recently identified by central variety identification committee under the ministry of agriculture for release.Sources said the new varieties were field tested for over three years in different parts of the country and under various climatic conditions. With this, the centre claims to have developed 110 varieties of rice since its inception in 1946. It will be celebrating its 68th foundation day on April 23. "The committee gave its approval for release of the three new varieties last week. These have been developed keeping in mind the changing climatic conditions and requirements of different states," said CRRI director Trilochan Mohapatra.The CR Dhan 205 is suitable for Tamil Nadu, Madhya Pradesh, Odisha and Gujarat, which have serious irrigation problem. It can grow under water-deficiency conditions and yield 5.3 to 5.8 tonne a hectare. However, the output can go up to 8 tonne a hectare under favourable conditions. The variety takes only 110 days to mature and can endure strong winds."It requires 70% less water than traditional varieties and produces a bumper harvest. It is best suited for rain-fed Balangir and Kalahandi districts in our state," said principal scientist of CRRI S K Pradhan.Similarly, CR Dhan 306 is suitable for irrigated areas and has been recommended for Madhya Pradesh, Bihar and Puducherry. It is a superior quality of Lalat rice variety. It matures in 125 days and yields 6 tonne a hectare.The CRR 451 matures in flat 95 days and is best suited for Jharkhand and Chhattisgarh. The long slender grain variety will ensure better profits to farmers. The rice variety is resistant to leaf blast disease and
also tolerant to drought-like situation. On an average, it yields 3.5 to 4 tonne a hectare.Farmers residing in coastal region, prone to cyclones, will benefit by growing short-duration and drought-tolerant rice varieties, scientists added.
Rice Gets Trendy, Adds Nutrients and So Much More

Released: 4/21/2014 11:00 AM EDT Source Newsroom: Institute of Food Technologists (IFT) Newswise CHICAGO In the April issue of Food Technology magazine, published by the Institute of Food Technologists (IFT), Senior Associate Editor Karen Nachay writes about rice becoming a trendy culinary selection of many restaurant menus but also the go-to solution for consumers looking for glutenand allergen-free choices rich in nutrients.The National Restaurant Associations 2014 Whats Hot Culinary Forecast predicts diners will see more rice selections on restaurant menus including black rice and red rice. Food scientists are looking for new ways to incorporate rice into many consumer products.
Rice ingredients can enrich food and beverage products with nutrients, improve textural attributes, replace common food allergens, function in gluten-free formulations, and act as a thickening agent, while providing a cost-effective protein source.The article highlighted food scientists using sprouted brown rice to increase protein in bars, powdered shakes, soups, pastas, ready-to-drink beverages, cereals and sweet and savory snacks. Rice starches are being used to provide a variety of texture options in both food and beverages, from smooth and creamy to crispy and crunchy. Rice is also being used to enrich diets with more fiber. About IFT This year marks the 75th anniversary of the Institute of Food Technologists. Since its founding in 1939, IFT has been committed to advancing the science of food, both today and tomorrow. Our non -profit scientific society more than 18,000 members from more than 100 countries brings together food scientists, technologists and related professionals from academia, government and industry. For more information, please visit ift.org
CGAIR Shares Latest Findings on Alternate Wetting and Drying Rice Management System
Apr 22, 2014
The CGAIR Research Program on Climate Change, Agriculture and Food Security this month released a report on alternate wetting and drying in irrigated rice. Key messages Alternate wetting and drying (AWD) is a rice management practice that reduces water use by up to 30% and can save farmers money on irrigation and pumping costs. AWD reduces methane emissions by 48% without
reducing yield.Efficient nitrogen use and application of organic inputs to dry soil can further reduce emissions.Incentives for adoption of AWD are higher when farmers pay for pump irrigation.
The full report is in the pdf below:

Tags: Climate change, Agriculture and Food Security, alternate wetting and drying, AWD, CGAIR Research Program, CGAIR pdf: Alternate wetting and drying (AWD) rice management practice
Taiwan to further assistance on rice production in Haiti

2014/04/22 19:37:37 Taipei, April 22 (CNA) Taiwan and Haiti signed an agreement Tuesday that will see Taiwan provide further assistance in increasing rice production in the Caribbean country to address food security issues.The agreement was signed by Taiwan's Foreign Minister David Lin and Haitian counterpart Duly Brutus, one of several top officials from Haiti who are visiting Taiwan as part of a delegation led by President Michel Joseph Martelly.After the signing of the agreement, both countries formally launched a 2014-2018 program, which includes Taiwanese technical assistance to set up a national rice research center, Lin said during the signing ceremony at the ministry's headquarters in Taipei. He expressed happiness over the signing of the agreement, which he said "will help address the food security issues in Haiti and also deepen the relationship between the two countries."The program is expected to improve rice production to 2,000 tons per year, which the ministry estimates will benefit around 51,000 families in the major rice-growing center of Vallee d'Artibonite.Lin also represented President Ma Ying-jeou to bestow the Order of Brilliant Star with Grand Cordon on Brutus to recognize his efforts in bilateral ties over the years.Brutus said he was honored to receive the award, and he expressed hope that the two countries will continue to deepen cooperation. He also decorated Lin with a medal recognizing his efforts to advance ties with Haiti.Agriculture has been an important part of the cooperation between Taiwan and Haiti. The foreign ministry noted that the new program is part of continued efforts to increase rice production by improving the quality of rice seeds.Earlier in the day, President Ma met with his Haitian counterpart, where the two leaders signed a joint communique aimed at promoting bilateral ties. Ma is scheduled to host a state dinner later in the day.The Haitian delegation is set to wrap up their four-day visit Thursday. The visit follows a trip to Haiti by Ma last August. Ma is the first Taiwanese president to make a state visit to the Caribbean nation in their 58 years of bilateral relations.It has been 12 years since a Haitian president visited Taiwan, according to the foreign ministry. The last was Jean-Bertrand Aristide in 2002, when he paid a visit to
Taiwan's then-president Chen Shui-bian.Haiti is one of Taiwan's 22 diplomatic allies. The two countries established diplomatic ties in 1956. (By Elaine Hou)
China to maintain high grain output for 2014-2023

Xinhua, 2014-04-22 11:15 (GMT+8) China will maintain a high rate of selfsufficiency in major grain output and realize the food security target for the next ten years, according to an official report published Sunday.The report on the outlook for China's agricultural development from 2014 to 2023 was conducted by the Chinese Academy of Agricultural Sciences.Xu Shiwei, director of the Agriculture Information Institute under the academy, said that the output of China's three main grain crops rice, wheat and corn will achieve a high rate of self-sufficiency during the next decade.Imports for meat and dairy products will see rising growth, while slower growth will be seen in soybean imports, and cooking oil imports will decline, Xu said. The report also mentioned that the 3.5% annual growth rate in domestic dairy production will exceed that of other major agricultural products in China in the 2014-2023 period.With China's large population, the task of simply feeding the people remains a high priority, according to a statement issued after a central rural work conference attended by President Xi Jinping, Premier Li Keqiang and other senior leaders last December. "The bowls of the Chinese, in any situation, must rest soundly in our own hands. Our bowls should be filled mainly with Chinese grain. Only when a country is basically self-sufficient in food can it take the initiative in food security and grasp the overall situation for economic and social growth," said the statement.China has set a red-line guarantee that arable land shall never shrink to less than 1.8 billion mu (120 million hectares). The line should be strictly followed, the statement stressed. Image: Rice fields in Liuzhou, Guangxi Zhuang autonomous region. (File photo/Xinhua)
Indonesian gov't redesigns rice program

Haeril Halim The Jakarta Post Publication Date : 22 -04-2014 Coordinating Peoples Welfare Minister Agung Laksono said on Monday the government had decided to make changes in Indonesia's rice- for-the-poor program, locally known as raskin, as recommended by the Corruption Eradication Commission (KPK).The announcement was made after the ministry held a coordination meeting with the antigraft body on Monday, during which head of KPKs research and development division, Roni Dwi Susanto, briefed Agung on the findings of a probe into the raskin program.Agung said that his office would focus on reviewing the programs distribution system, which the KPK alleged to have been rife with irregularities.It first will focus on the planning, implementation and the supervision of the raskin distribution system, Agung said. He added that the ministry would also make measurement adjustments for the accuracy, timing, quantity and quality of rice being distributed in the program.Agung maintained that in spite of the problems plaguing the program, the government had no plans to stop the program after 16 years.This program is the mandate of our Constitution and we hope that the incoming government will continue this program as well, said Agung..Earlier, KPK deputy chief Busyro Muqoddas said that the raskin program was plagued by cartel practices, a suspicion that have been denied by Agung, who afterward called on Busyro to provide evidence to support his suspicion.During the coordination meeting held at Agungs office, Roni said that there were nine recurrent problems in the 16 years of the programs implementation. As the problems in the raskin program are recurrent, we need to find out who has been benefited from the irregularities, Roni said, adding that the current problems plaguing the program had been recurrent over the past 10 years. The KPK found that some of the problems concerned the invalid data of targeted households, fictitious distribution of raskin rice and rice-price hikes despite subsidies, unfair distribution and poor rice quality.Many households not listed among targeted households received raskin rice, while eligible recipients received less than 15 kilograms as outlined by the program, Roni said.Each household participating in the program should only have to pay 1,600 rupiah (14 US cents) per kilogram of raskin rice, thanks to the large government subsidy disbursed every year.Some targeted households also could not afford to pay 1,600 rupiah per kg, so their quota was taken over by those who could afford it although they were not officially listed as targeted households, Roni said.Agung, however, said that all the problems found by the KPK were minor and that the KPK did not appreciate the success of the program.Around 30 to 40 per cent of Indonesians have benefited from this program. What [the KPK] has shown does not represent the implementation of the raskin program in its entirety. The successful aspects, however, have not been reported [by the KPK], Agung said.He added that in the next 30 days, the government would come up with an action plan to start a redesign of the raskin program.After completing the action plan, he said that his office would try to test which new formulas would work best for the
raskin programAccording to data from the KPK, the budget allocated for the raskin program was 21,4 trillion rupiah for 15.5 million targeted households in 2013, while it was 19.3 trillion rupiah for 17.4 million targeted households in 2012 and 16.5 trillion rupiah for 17.4 million targeted households in 2011.Meanwhile, data from the Cabinet Secretariat showed that the government had allocated around 15.3 trillion rupiah for the raskin program in 2011, 15.6 trillion rupiah in 2012, 17.9 trillion rupiah in 2013 and 18.8 trillion rupiah in 2014
Sushi boom increases rice markets for Riverina growers

Updated 22 April 2014, 7:04 AEST Laurissa Smith The growing popularity of Japanese cuisine in Australia is driving up demand for speciality rice in southern New South Wales.The growing popularity of Japanese cuisine in Australia is driving up demand for speciality rice in southern New South Wales.While the Riverina and Murray Valley specialises in medium grain rice production, premiums on short grain Japanese style rice is helping to drive grower interest.Earlier this month, SunRice announced a higher price for the 2014 Koshihikari crop grown in the region. The company's chairman Gerry Lawson indicated it'll be calling on growers to increase the area planted to the variety later this year.With markets in Canada, the UK, South East Asia, South Korea and now Russia, SunRice hopes the industry can triple production for sushi rice in the next three years.Craig Young, the company's senior marketing manager, says its wants to improve the sushi experience from paddock to plate." We're researching and working across the whole business to make sure that we're always improving and understanding what our customers want ."So we're working with some sushi chefs on understanding their needs and what they look for, so we can make sure we incorporate that into our process, whether that be in breeding, growing, milling or storing."Peter Snell, senior rice breeder with the NSW Department of Primary Industries, is working on two new lines in the
breeding program and says they're showing some promise."These new varieties can go later and growers will be more confident with their water budgets and the area prepared for rice can expand dramatically." Image: The growing popularity of sushi has rice processor SunRice encouraging NSW growers to produce bigger volumes of speciality rice. (Credit: ABC)
Vietnam rice prices gain 2-3pc as harvest ends, Manila tender eyed
22.04.2014
Prices for rice exports from Vietnam have risen 2-3 percent in the last few days as harvesting comes to an end and as two state-owned companies look set to win the Philippines' biggest order for the grain in three years.Climbing prices in Vietnam, the world's No.2 exporter after India, could boost demand for shipments from rival exporter Thailand, which is typically seen as offering better quality rice.Harvesting of the winterspring crop, mainly used for export, is 95 percent complete in the Mekong Delta food basket, an industry report said on Monday, suggesting supplies could be about to tighten. That comes just as state-owned exporters Vinafood 1 and Vinafood 2 are poised to win deals to supply 800,000 tonnes of rice to the Philippines after submitting the lowest bids in a tender last week."Prices are rising, especially (quoted) by those who don't have much in stock," said a trader at a foreign firm in Ho Chi Minh City.Five-percent broken rice in Vietnam has climbed nearly 2 percent to $390-$395 a tonne, on a free-on-board basis, from $380-$390 late last week, traders said on Tuesday.They added that the 15-percent broken grade, the variety sought by Manila, has risen nearly 3 percent to $380-$385 a tonne.
Rice farmers waiting on Bt2 bn-Bt3 bn

Suphannee Pootpisut The Nation April 22, 2014 1:00 am
About Bt2 billion-Bt3 billion remains to be paid to farmers for the rice-pledging scheme's 2013/2014 season, while total outstanding payments expected to be covered by Finance Ministry borrowing amounts to Bt90 billion, according to the Bank for Agriculture and Agricultural Cooperatives (BAAC).The possibility of Bt40 billion in financial assistance being sourced from the central budget remains low, the bank said.One of the three sources of funds for repaying farmers - the Ministry of Commerce (MOC)'s rice sales - hit its repayment target of Bt8 billion-Bt10 billion in the past two to three months, the bank said. If this is the only source for repayment to farmers, funds will be depleted by the end of this year, the bank said. The other two sources are borrowing by the Finance Ministry, and a fund for farmers.
It is uncertain whether the fund's returns will hit their target in the coming financial periods, the bank said, adding that repayments sourced from the Finance Ministry's borrowings are expected to occur sooner. However, uncertainty remains over this borrowing, as financial institutions remain concerned over legal issues surrounding the scheme and depositors' wariness over lending to it.The bank also expected to earn more donations for the fund for farmers, following a recent amount of Bt5 billion - almost all of which has already been repaid to farmers."If the Finance Ministry is unable to borrow, it will be difficult to make repayments to farmers under the rice-pledging scheme. Rice sales recently hit their target. However, we are not certain about [their potential] in the future," the bank said. In response to farmers' calls for the government to set aside Bt40 billion to repay them for pledged rice, the bank said it was not easy to make that happen as this would involve use of the state's central budget for emergency purposes. Historically, no government has used such a large amount of the central budget for any such purpose."If [the central budget] is used heavily, that will affect the government itself. This is particularly true in a period prior to an election. [Use of this option] would depend on the Election Committee," it said.The BAAC has about Bt10 billion in its coffers to make repayments to the central budget, assuming that funds from rice sales will cover all Bt20 billion worth of borrowing in May."We will set aside funds from rice sales from now to make repayments to the central budget. If we repay all Bt2 billion-Bt3 billion to farmers, they will have to wait for the next round of rice sales, which is expected to begin in June," the bank said.
PWO reaffirms there is no rice missing from public warehouses

Date : 22 2557 BANGKOK, 22 April 2014 (NNT) - The Public Warehouse Organization (PWO) has reaffirmed there was no pledged rice missing from the warehouse as the opposition has claimed. PWO Director General Chanutpakorn Wongsrinil made the announcement after the agencys investigating team reported its finding saying there was no sign of irregularity in the program. The report indicated that the missing amount referred to by the opposition was actually kept as part of the secondary reserve at silos of private companies under the supervision of the PWO.
It said the oppositions misunderstanding might have stemmed from the fact that the amount of rice withdrawn for reserve exceeded the requested figure. The Director General said however the finding was merely an initial investigation, and needed to be cross-checked by two more fact finding committees appointed by the PWO and the Commerce Ministry. He also mentioned that the PWO officials involved in the unauthorized removal of
pledged rice from the warehouse in Buriram Province would face a serious disciplinary action, possibly dismissal from service.
Paddy farmers stage protest, seek MSP

Paddy farmers staged a protest at Valigonda Agriculture Market demanding that the government provide Minimum Support Price (MSP) for their produce by setting up sufficient procurement centres here on Monday.Farmers led by Dairy Farmers leader Kandala Bal Reddy, staged a rasta roko before submitting a memorandum to marketing officials, appealing to them to do justice.Mr. Bal Reddy said millers were refusing to purchase paddy. He said marketing officials had displayed a notice asking farmers not to bring the produce to the market as the paddy piled up following millers disinterest. Mr. Bal Reddy said that there was a visible nexus between officials, millers and commission agents who were discouraging farmers from bringing paddy to the market in the name of high moisture content. Mr. Reddy said marketing officials are forcing them to sell the produce to middlemen who were offering about Rs. 200 less than the MSP (Rs. 1,345).
Germany launches Ghana Rice initiative project

April 22, 2014 | Filed under: Business,Latest news | Posted by: VibeGhana The German Ministry of Economic Cooperation and stakeholders, have launched the Competitive African Rice Initiative (CARI) project in Ghana.The initiative targeted at male and female smallholder rice farmers is to significantly improve the livelihood of rice farmers in selected countries in the sub-region by increasing the competitiveness of domestic rice supply to meet increasing regional demand.Mr Emmanuel Toureille, Country Director, TechnoServe Ghana said the project is being implemented Ghana, Burkina Faso, Nigeria and Tanzania with the aim of reaching 120,000 African rice producers. He said rice is the fastest growing food source in Africa in recent years and as such has far outstrip the subregions population growth, hence the initiative.Mr Toureille said the project would see to the increment of productivity and quality of paddy rice, increase the efficiency of local rice sourcing, processing and marketing and improve the enabling environment at the national and regional levels.He said the ambitious adventure TechnoServe is embarking on would go along with the Gates Foundation, the German Government, German Development Cooperation (GIZ) and the Kufuor Foundation to develop a competitive rice industry in Ghana. Mr Thomas Wimmer, Deputy Head of Missions, German Embassy, said growth in the agricultural sector has been proven to be the most effective sector in reducing poverty.He said it is mainly lack of favourable policies and regulatory environment coupled with inadequate investment in the agricultural sector that has motivated Germany to support agricultural activities in nations such as Ghana.Mr Wimmer said Germany strongly believes that Africa could feed itself and provide food for other regions of the world.He said that is why Germany is eager to assist African nations to tap their full agricultural potential.He said this is to help eradicate hunger, improve nutritional well-being and reduce poverty.It will also spur economic growth and improve the
income of the rural population by supporting value chain approaches and strengthening small-scale commercial farming.He said the launch of the CARI comes at an auspicious time as African governments have come to the realisation that the safeguarding of the rice subsector is essential for food security on the continent to eradicate rural poverty. Former President John Agyekum Kufuor and the Patron of Kufuor Foundation, called on government to develop right policy framework for Ghanas rice industry.Mr Kufuor said if the policy is made possible it would see to the success of the rice industry in Ghana.He said from statistics, Ghana currently produces about 350,000 tons a year and it constitute about 30 to 40 per cent of the rice consumption of about 800,000 tons annually.Mr Kufuor said the startling projection is that consumption would escalate to about 1.68 million metric tons within the next five years, considering that average per capita consumption of currently 38kg would leap to 63kg as early as 2015.He said the challenges that needs to be dealt with is the weak political will for policy reform, poor articulation, coordination and implementation of the public-private-partnership concept in the rice sector development and lack of best marketing practices both domestically and internationally. Dr Ahmed Yakubu Alhassan, Deputy Minister of Food and Agriculture, said government established a food security buffer stock company, in order to protect farmers investment from severe depressed farm prices, and to act as buyer of last resort.He said this would guarantee an assured income by providing a minimum guaranteed price and ready market for farmers, to expand the demand for food grown locally.He said it is within this context that Ghana has shifted agricultural development paradigm to Inclusive Accelerated Modernisation and commercialisation of Ghanaian agriculture without leaving out the small- scale farmers to span the medium-term 2011/2015, under the food and agricultural sector development policy.The initiative collaborated by Bill and Gates Foundation, TechnoServe, GIZ, The John Agyekum Kufuor Foundation and Kilimo Trust. GNA
India Said to Forecast Normal Monsoon Rainfall

By Prabhudatta Mishra and Pratik Parija Apr 22, 2014 4:09 PM GMT+0500
The monsoon in India, which provides more than 70 percent of annual rainfall, will be normal this year amid forecasts for the emergence of an El Nino that previously caused droughts, government officials said.Rain may be 96 percent of a 50-year average of 89 centimeters (35 inches) in the June-September period, said two officials with direct knowledge of the matter, requesting not to be identified before an announcement by the state weather forecaster on April 24.
Actual rainfall may be 5 percent more or less than the prediction, the officials said.The monsoon is the main source of irrigation for Indias 235 million farmers and planting of crops from corn to soybeans are dependent on timely arrival of the seasonal rains as more than half of farm land is rain-fed. Agriculture represents about 14 percent of Asias third-largest economy, which is also the worlds second-largest producer of rice, sugar, cotton and wheat. Consumer price inflation averaged 10.07 percent in 2013 even as the nation harvested record crops.In case of a bad monsoon food inflation number will further go out of hand, Madan Sabnavis, an economist at Credit Analysis & Research Ltd. in Mumbai, said by phone. In which case, theReserve Bank of Indias ability to lower the interest rates will become very much limited.
Inflation Worries
Elevated inflation has prompted RBI Governor Raghuram Rajan to raise the benchmark rate 75 basis points since taking over at the central bank in September. Risks to inflation arise from guaranteed prices for farm products, higher energy costs and government spending on subsidies, according to Rajan. There is also a threat from less-than-normal monsoon rains due to possible El Nino effects, he has said.The consumer-price index accelerated 8.31 percent in March from a year earlier, quickening for the first time in four months, according to the Central Statistics Office. The economy grew 4.9 percent in the year ended March 31, after decade-low growth of 4.5 percent the prior year, the Statistics Ministry estimates.Cotton futures in New York dropped for a second session yesterday on concern normal rainfall will boost supplies from India, the worlds second-biggest exporter. The July delivery contract, which fell as much as 0.9 percent yesterday, traded at 93.18 cents on ICE Futures U.S. by 4:37 p.m. in Mumbai. The India Meteorological Department will issue a detailed monsoon forecast in June after this months first long-range prediction, the officials said. Showers between 96 percent and 104 percent of the average are considered normal by the department. B.P. Yadav, a spokesman of India Meteorological Department, declined to comment.
El Nino Odds
Signs have been detected that El Nino is imminent, presaging changes to global weather patterns in the months ahead, the World Meteorological Organization said last week. The chances that an El Nino will develop are growing, the U.S. Climate Prediction Center said this month, boosting the odds to 65 percent from 52 percent. The weather pattern may develop by July, Australias Bureau of Meteorology said today. El Ninos occur irregularly every two to seven years and are associated with warmer than average years. They tend to lead to abnormally dry conditions over parts of Australia, the Philippines andBrazil, and
to more intense storms in the Gulf of Mexico. Their counterpart, La Ninas, are associated with cooler years.
Drought Years
India received normal or more-than-normal rains during only three El Nino years out of the past 10 occurrences while the remaining were drought years, according to data from the meteorological department. Monsoon rainfall was the least in almost four decades in 2009, when El Nino occurred last, data show. Rice and oilseed harvests fell 10 percent, according to Agriculture Ministry data. An El Nino has not always resulted in weak monsoons in India and mitigating factors this year may include comfortable reservoir water levels and excess food grain stockpiles, Rohini Malkani and Anurag Jha, Mumbai-based analysts at Citigroup, said in a report last month.Production of food grains from rice to wheat, lentils and corn is seen at a record 263.2 million metric tons in the year ending June after more than normal monsoon and cooler winter boosted yields, according to the ministry. To contact the reporters on this story: Prabhudatta Mishra in New Delhi atpmishra8@bloomberg.net; Pratik Parija in New Delhi at pparija@bloomberg.net To contact the editors responsible for this story: James Poole at jpoole4@bloomberg.net Thomas Kutty Abraham, Arijit Ghosh
Photographer: Dhiraj Singh/Bloomberg:A vendor tightens a tarpaulin rope at his stall in the Dadar wholesale flower market in Mumbai.
El Nino Forecast by Australia as All Models Predict Onset

By Jake Lloyd-Smith Apr 22, 2014 5:36 PM GMT+0500
An El Nino will probably start as soon as July, according to the Australian government forecaster, strengthening predictions for the event that can affect weather patterns worldwide and roil commodity prices.All the climate models surveyed indicated that an El Nino was likely this year, with six of seven models suggesting that thresholds for the event may be exceeded as early as July, the Bureau of Meteorology said in astatement today. A warming of the Pacific Ocean, which drives the changes by affecting the atmosphere above it, will probably continue in the next few months, the Melbourne-based bureau said.El Ninos can bake Asia, while bringing wetter-than-usual weather to parts ofSouth America and the U.S., challenging farmers from Indonesiato Brazil with too little rain or too much. Palm oil and sugar were listed by Goldman Sachs Group Inc. this month as among crops that may be affected if an El Nino sets in. The World
Meteorological Organization warned last week of a dramatic rise in world temperatures should an El Nino reinforce human-induced warming from greenhouse gases. The odds were balanced a month ago or so, now they are clearly in favor of an El Nino event developing, Tracey Allen, a commodities analyst at Rabobank International in London, said in a telephone interview. Among the main commodities that an El Nino tends to influence from a production point of view, we see palm oil, raw sugar and cocoa.
Goldmans View
An El Nino would boost risks to softcommodity price forecasts, Goldman Sachs said. The last El Nino to form was in 2009 to 2010, and since then the Pacific has either been in its cooler state, called La Nina, or neutral.El Nino has an impact across much of the world, including below-average rainfall in the western Pacific and Indonesian regions, the Australian bureau said today. For Australia, El Nino is usually associated with below-average rainfall, with about two thirds of El Nino events since 1900 resulting in major drought over large areas of Australia.The chances of an El Nino have increased to 65 percent from 52 percent, the U.S. Climate Prediction Center said on April 10. There are signs that an El Nino is imminent, presaging changes to global weather patterns, the UNs World Meteorological Organization said April 15. Two weeks ago, the Australian bureau put the odds at more than 70 percent. Photographer: Nana Buxani/Bloomberg
Rice Market
Its looking likely that well have El Nino this year, said David Dawe, a Bangkok-based senior economist at the United Nations Food and Agriculture Organization, commenting on the probable
impact on the rice market. Usually the countries that are most affected by this are Indonesia and the Philippines. By coincidence, these all are importing countries.Global stockpiles of rice are high and supplies are ample, Dawe said. While there may be less rain in Indonesia and the Philippines, any decline in production isnt likely until early next year, he said. The market is reasonably well positioned to withstand a shock from El Nino, Dawe said. If we get El Nino conditions in June, July and August, that affects the planting decisions made by farmers in November and December.The price of 5-percent Thai white rice dropped to $391 a metric ton on March 26, the lowest level since at least April 2008, amid record government reserves in Thailand after a state-buying program. The grade, a weekly benchmark across Asia, was last at $396 a ton on April 9.Global food costs climbed 2.3 percent in March to the highest level since May, according to a 55-item gauge compiled by the FAO that includes prices of grains, meat, dairy products and edible oils. To contact the reporter on this story: Jake Lloyd-Smith in Singapore atjlloydsmith@bloomberg.net To contact the editors responsible for this story: James Poole at jpoole4@bloomberg.net Claudia Carpenter, Dan Weeks
Image:A farmer surveys a rice field, dried up due to an El Nino-induced drought,
Nagpur Foodgrain Prices - APMC & Open Market-April 22
Tue Apr 22, 2014 2:09pm IST Nagpur, Apr 22 (Reuters) - Gram and tuar prices in Nagpur Agriculture Produce and Marketing Committee (APMC) showed weak tendency on poor demand from local millers amid poor quality arrival. Easy condition on NCDEX in gram and downward trend in Madhya Pradesh pulses also pushed down prices, according to sources. * * * *
FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market on subdued demand amid ample supply from
producing regions. TUAR * Tuar gavarani recovered further in open market on increased buying support from local traders amid tight supply from millers. * Masoor and udid varieties touched a record high in open market here on good demand from local traders amid weak arrival producing regions. Reports about damage of crop because of unseasonal rains also activated stockists. * In Akola, Tuar - 4,100-4,300, Tuar dal - 6,300-6,500, Udid at 6,100-6,500, Udid Mogar (clean) - 7,200-7,700, Moong - 8,500-8,700, Moong Mogar (clean) 10,000-10,800, Gram - 2,600-2,800, Gram Super best bold - 3,600-4,000 for 100 kg. * Wheat, rice and other commodities remained steady in open market in thin trading activity, according to sources. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction 2,400-2,770 2,450-2,810 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction 3,980-4,360 3,980-4,420 Moong Auction n.a. 6,300-6,800 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 3,900-4,200 3,900-4,200 Gram Super Best n.a. Gram Medium Best 3,700-3,800 3,700-3,800 Gram Dal Medium n.a. n.a. Gram Mill Quality 3,500-3,650 3,500-3,650 Desi gram Raw 2,750-2,800 2,750-2,800 Gram Filter new 3,100-3,400 3,100-3,400 Gram Kabuli 8,900-10,800 8,900-10,800 Gram Pink 7,900-8,300 7,900-8,300 Tuar Fataka Best 6,700-6,900 6,700-6,900 Tuar Fataka Medium 6,500-6,600 6,500-6,600 Tuar Dal Best Phod 6,000-6,200 6,000-6,200 Tuar Dal Medium phod 5,600-5,900 5,600-5,900 Tuar Gavarani 4,450-4,550 4,400-4,500 Tuar Karnataka 4,600-4,700 4,600-4,700
Tuar Black 7,700-7,900 7,700-7,900 Masoor dal best 6,300-6,500 6,200-6,400 Masoor dal medium 6,000-6,150 5,900-6,150 Masoor n.a. n.a. Moong Mogar bold 10,800-11,000 10,800-11,000 Moong Mogar Medium best 10,100-10,500 10,100-10,500 Moong dal super best 9,500-9,800 9,500-9,800 Moong dal Chilka 9,000-9,250 9,000-9,250 Moong Mill quality n.a. n.a. Moong Chamki best 8,500-9,500 8,500-9,500 Udid Mogar Super best (100 INR/KG) 7,500-7,800 7,500-7,700 Udid Mogar Medium (100 INR/KG) 6,000-6,800 5,800-6,700 Udid Dal Black (100 INR/KG) 5,100-5,400 5,000-5,300 Batri dal (100 INR/KG) 4,500-6,000 4,500-6,000 Lakhodi dal (100 INR/kg) 3,050-3,150 3,050-3,150 Watana Dal (100 INR/KG) 3,350-3,450 3,350-3,450 Watana White (100 INR/KG) 3,400-3,500 3,400-3,500 Watana Green Best (100 INR/KG) 4,900-5,200 4,900-5,200 Wheat 308 (100 INR/KG) 1,600-1,800 1,600-1,800 Wheat Mill quality(100 INR/KG) 1,700-1,750 1,700-1,750 Wheat Filter (100 INR/KG) 1,600-1,800 1,600-1,800 Wheat Lokwan best (100 INR/KG) 2,150-2,450 2,150-2,450 Wheat Lokwan medium (100 INR/KG) 1,850-2,000 1,850-2,000 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,000-3,700 3,000-3,700 MP Sharbati Medium (100 INR/KG) 2,400-2,900 2,400-2,900 Wheat 147 (100 INR/KG) 1,600-1,700 1,600-1,700 Wheat Best (100 INR/KG) 1,700-1,750 1,700-1,750 Rice BPT new(100 INR/KG) 2,750-2,950 2,750-2,950 Rice BPT old (100 INR/KG) 3,200-3,600 3,200-3,600 Rice Parmal (100 INR/KG) 1,700-1,850 1,700-1,850 Rice Swarna old (100 INR/KG) 2,700-2,900 2,700-2,900 Rice Swarna new (100 INR/KG) 2,300-2,500 2,300-2,500 Rice HMT new (100 INR/KG) 3,900-4,200 3,900-4,200 Rice HMT old (100 INR/KG) 4,400-4,700 4,400-4,700 Rice HMT Shriram (100 INR/KG) 5,000-5,500 5,000-5,500 Rice Basmati best (100 INR/KG) 10,000-13,500 10,000-13,500 Rice Basmati Medium (100 INR/KG) 6,500-8,500 6,500-8,500 Rice Chinnor (100 INR/KG) 5,600-6,000 5,600-6,000 Rice Chinnor new (100 INR/KG) 5,100-5,600 5,100-5,600 Jowar Gavarani (100 INR/KG) 1,400-1,600 1,400-1,600 Jowar CH-5 (100 INR/KG) 1,700-1,800 1,700-1,800
WEATHER (NAGPUR) Maximum temp. 38.4 degree Celsius (101.1 degree Fahrenheit), minimum temp. 24.8 degree Celsius (76.6 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : nil FORECAST: Partly cloudy sky. Rains or thunder-showers likely toward evening or night. Maximum and Minimum temperature likely to be around 38 and 25 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
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22nd April , 2014

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