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Incentive Boost for Rice Millers
By Express News Service
http://english.vietnamnet.vn/fms/business/12061
7/exporters-contract-one-million-tons-of-ricethis-year.html
http://www.trust.org/item/20150108101514597s8
Basmati
Union
hampering
of
rice.Apeda,
the
under
countrys
the
prospects
Basmati in India.
Apeda,
Pakistan
Basmati
Growers
of
farmer
welfare
and
Basmati
Growers
Association
Opposition to South
Korea's 513% rice tariff
By Rich Keller, Editor, Ag Professional January
08, 2015 | 11:30 am EST
MANILA: To
meet
Philippines
private traders
rice import
demand of
187,000 tonnes, the worlds third-largest rice
exporter Vietnam has set export prices in
preparation to meet an import demand.Last
month, the Philippines state grains procurement
agency allowed private traders to import
187,000 tons of rice. Exporters must sell the 5percent broken rice to Philippine importers at
$385 a ton, free-on-board Saigon Port, industry
body the Vietnam Food Association.
The floors are $375 a tone for the 10-percent
broken grade and $365 a tone for the 15-percent
broken grade, the statement said. All the prices
are valid between Jan. 1-31.The export prices
for the Philippines now are lower than the
previous floor, so it could be the new benchmark
for other orders, said a Vietnamese trader in Ho
Nigeria: Addressing
Bottlenecks in Rice SelfSufficiency Plan
ANALYSIS
By Femi Adekoya
http://allafrica.com/stories/201501071281.html
http://thecostaricanews.com/new-imported-ricetax-increase-actually-lowers-prices-whilestrengthening-domestic-producers-in-costa-rica
farm
Rice
KOLKA
TA:
India's ric
e exporte
rs may
end the
current
fiscal on
a damp
note
as Iraq has doubled the import duty to 40%,
while Iran has clamped an outright ban at a
time when price realisation has slipped 1520% in overseas markets.A senior official
of All
India
Rice
Exporters'
Association(AIREA) told ET that traders are
currently shipping only rice consignments
with permits of last year to Iran. "We are
hoping that Iran will lift the ban. We are
planning to send a delegation to Iran in early
February to sort out the issue," said the
official, requesting not to be named.
The official added that the sudden increase
in import duty by Iraq has come as a major
blow and it is bound to impact exports to the
country.According to an estimate by
exporters, basmati shipments are likely to
come down to 35 lakh tonne from 37 lakh
tonne in the previous year.Iran has barred
rice from other countries as its local crop is
reported to be good this year and is set to
arrive in the market there.The country
imported over 12.5 lakh tonne of rice during
April-July 2014, compared with 14.5 lakh
tonnes in the year-ago period.In the past two
years, Iran has bought over 2.5 million tonne
of basmati rice from India.
The average price realisation has declined to
$800-1,100 per tonne from $1,0001,300 per
tonne last year.Exports of basmati rice in the
first seven months of the current fiscal
declined over 8% to 19.36 lakh tonne from
http://www.abscbnnews.com/business/01/07/15/vietnam-setsrice-export-prices-philippine-demand
when Cuba was our number one export market we look forward to a return to those days."
CME Group/Closing
Rough Rice Futures
CME Group (Prelim): Closing Rough Rice
Futures for January 8
Month
Price
Net
Change
January 2015
$11.295
- $0.115
March 2015
$11.525
- $0.125
May 2015
$11.755
- $0.115
July 2015
$11.980
- $0.115
September 2015
$11.555
- $0.005
November 2015
$11.430
- $0.145
January 2016
$11.665
- $0.060
http://www.saudigazette.com.sa/index.cfm?method=home.r
egcon&contentid=20150108229840&utm_source=USA+Ri
ce+Daily%2C+January+8%2C+2015&utm_campaign=Frid
ay%2C+December+13%2C+2013&utm_medium=email
http://www.dhakatribune.com/agriculture/2015/jan/08/two-morevarieties-hybrid-riceintroduced?utm_source=USA+Rice+Daily%2C+January+8%2C+2
015&utm_campaign=Friday%2C+December+13%2C+2013&utm
_medium=email
http://agriculture.einnews.com/article/24326616
5/pMKmwRIp04fr0aPt
and
Processed
Food
Export
has
Pakistan
proceedings.
Development
Authority
argued.Basmati
rice
Products
(Apeda)
growers
in
are
pending
across
various
of
farmer
welfare
and
Basmati
Growers
Association
http://www.financialexpress.com/article/markets
/commodities/india-pakistan-spar-over-gi-tagfor-basmati-rice/27319/