2nd March, 2015 Daily Global Rice E - Newsletter by Riceplus Magazine

Daily
Global
Daily Global Rice E-Newsletter by Riceplus Magazine
Rice E-Newsletter
March 2 , 2015
V o l u m e 5, Issue I
FTAS ARE HARMING LOCAL INDUSTRY: APBF

Salim Ahmed
Saturday, February 28, 2015 - LahoreThe All Pakistan Business Forum Executive Committee,
which met Friday with its President Mr. Ibrahim Qureshi in the chair, raising serious concern,
observed that the FTAs signed with Malaysia, Sri Lanka and China without taking the
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real stakeholders onboard is damaging the local industry. As the countrys economic managers
are engaged in fresh rounds of talks with a number of countries on Free Trade Agreements, the
APBF Executive Committee cautioned the government to take business community onboard
while finalizing trade deals with other countries.
APBF President Ibrahim Qureshi, addressing the meeting, said the business community is the
real stakeholders which should be consulted in preparing policies to enhance exports so that fast
widening trade deficit could be diminished, which is prerequisite for economic growth. The
APBF has been receiving complaints from its members about the dumping of Chinese products.
Ibrahim Qureshi remarked that dumping is the main concern of local industries, particularly of
steel products, polyester staple fiber and many other products, he said.At present, the balance of
trade is in favour of China as against exports of $2.5 billion, Pakistan imported products of $7.5
billion from China. He added that Pakistan had been continuously suffering a loss of Rs.22
billion on account of tax exemptions granted to imports from China. Free trade access to China
could not be fully utilized in favor of Pakistan, because Beijing did not reduce duties on products
where Pakistani sectors enjoyed a competitive advantage.
Moreover, the margin of preference over other countries that Pakistan should have enjoyed
effectively turned to be fruitless when China inked similar free trade accords with other
countries, particularly with the Association of Southeast Asian Nations (ASEAN).An executive
committee member pointed out that the leather industry is still paying around 9% import duty on
its export goods to China owing to non-implementation of zero-duty under FTA regime. He said
that in second phase of FTA 9% duty was to be reduced to zero, which is not being implemented
so far because Pakistani government is not supporting its industry to pursue the case for the last
two years, he complained. APBF President also criticized Free Trade Agreement with Malaysia,
failing to provide a level-playing field as trade balance remained in Favour of Malaysia from day
one. During first quarter of last fiscal, Pakistans exports stood at mere $0.2 billion against
imports of $1.75 billion, implying that trade balance was $1.55 billion in favor of Malaysia. Mr.
Ibrahim Qureshi, quoting statistics said that in April 2014, Federal Board of Revenue
(FBR) announced tariff concessions on the import of 993 items from Sri Lanka under a Free
Trade Agreement (FTA).
Pakistans exports to Sri Lanka dropped from $347.7 million to $300 million during last couple
of years. Sri Lanka allocated Pakistan a duty-free quota of 6,000 metric ton of basmati rice and 1,
000 metric tons potatoes per annum. However, Sri Lanka continued to create hurdles on our
exports on the excuse of low quality of Pakistani basmati rice. Pakistans major exports to Sri
Lanka include woven cotton fabrics, cement, sugar, wheat, medicament mixtures, tubes and
pipes of iron and steel, potatoes, rice, cotton yarn, and onions etc. The APBF Executive body
agreed that international image building is the need of the hour with complete overhauling of
TDAP, besides formation of new trade specific export promotion agencies having independent
budgets and policies.
State Bank allows export refinance for broken rice

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February 28, 2015
RECORDER REPORT
In order to facilitate rice trade, the State Bank of Pakistan (SBP) has allowed Export Refinance
Facility for broken rice and withdrew Letter of Credit (LC) condition for financing of brown rice.
Sources said on the request of rice exporters, the SBP has relaxed Export Refinance Scheme
(ERS) requirements for rice - one of the largest exported commodity, which is generating over
$1 billion foreign exchange annually for the country. The State Bank, through its IH&SMEFD
Circular Letter No 02 of 2015, issued on February 26, 2015 has made some changes in the
negative list of EFS. Previously, export refinance facility was allowed for packeted Irri, Basmati,
Parboiled, White and Brown rice in retail packets of 1-50 kgs. Broken rice was not eligible for
the said facility. However, now the SBP has excluded broken rice from the negative list of EFS,
after which exporters can also avail export refinance facility for broken rice in retail packets of 150 kgs.
Moreover, as per amendment, traders/exporters can get cheap financing for the export of Brown
rice without Letter of Credit. Earlier, refinance facility for the export of Brown rice in bulk or
lose was only for European Countries under EFS Part-I against Letter of Credit (LC). However,
now banks have been asked to provide such facility for Brown Rice without LC condition and
limitation of countries. A para: (Excluding Packeted Irri/Basmati/Parboiled/White/Brown Rice in
retail packets of 1-50 kgs. Moreover, the export of brown rice in bulk/loose is eligible to
European countries under EFS Part-I against LCs only) for description of point No 8 of negative
list for ERS has been replaced with: "Excluding Packeted Irri/Basmati/Parboiled/ White/Broken
Rice in retail packets of 1-50 Kgs.
Moreover, the export of Brown Rice in bulk/loose packing is also eligible under
EFS." Meanwhile, Rafique Suleman, Chairman Rice Exporters Association of Pakistan (REAP)
has appreciated the SBP's decision saying this move will help enhance the country's rice export.
"We are expecting some 20-25 percent increase in rice exports during next fiscal year as LC
requirement was a major hurdle in getting EFS for brown rice," he said. Presently, Pakistan's
total rice exports stood at 3.8 million tons including 0.3 million tons of broken rice and some 0.1
million tons of brown rice, he added.
UN official says questions remain on GMO health impact,

business practices
A UNITED Nations (UN) representative undertaking a weeklong visit to the Philippines
expressed her opposition to the use of Genetically Modified Organisms (GMOs) as she
concluded her mission to evaluate the countrys food problems.
At a news conference at the Holiday Inn and Suites in Makati, UN Special Rapporteur on the Right to
Food Hilal Elver said a number of questions remain unanswered about the GMO approach, including
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long-term health effects and the business models practiced by multinational seed companies.GMOs are a
huge thing and there is a huge discussion on it. I am against GMOs for several reasons We dont know
the health impacts of GMO in the long term, Ms. Elver told reporters.She added that the aggressive
defense of seed patents by multinationals has led to small farmers being accused of infringing on their
intellectual property.They take away the farmers seeds from them and the corporations make a business
from it, she said.For these reasons, the use of GMOs should be carefully studied, and, Im not sure if it
should be accepted, she said.
The UN representative, who is part of the largest body of independent experts in the UN Human Rights
system, launched her visit on Feb. 20. The final report of her findings, Ms. Elver said, will be sent to the
UN Human Rights Council in March 2016.The UN representatives remarks come as the Philippines
struggles to achieve self-sufficiency in rice, and triggered a response from stakeholders who defended
genetic modification methods.The International Rice Research Institute (IRRI), the Los Baos-based nonprofit research body, said that some crops -- particularly rice -- do not have sufficient nutritional value in
their unmodified form, making it necessary to fortify these staples.The unique advantage of genetic
modification lies in its ability to incorporate novel genes with useful traits into new rice varieties.
These include genes from plants and organisms unrelated to rice that could not be transferred using other
breeding methods, the IRRI said in a statement emailed to BusinessWorld by its Head of
Communication, Antonio G. Lambino II.For his part, Biotechnology Coalition of the Philippines
(BCP)Executive Secretary Abraham J. Manalo said that GMO technology has been certified as safe
reputable global and national institutions. All internationally-recognized science organizations have
declared that food from modern biotechnology is as safe as their non-biotech or traditional counterparts,
he said.
These include the World Health Organization, the Food and Agriculture Organization, the American
Medical Association, the American Association for the Advancement of Science, the U.S. National
Academy of Science, the Food Standards Australia New Zealand, the French Academy of Science, the
UK Royal Society of Medicine, the Union of German Academics of Sciences and Humanities, and our
very own (Philippine) National Academy of Science and Technology (NAST) and (Philippine) Food and
Drugs Administration, Mr. Manalo said in a statement emailed toBusinessWorld.It is important that
farmers be given the choice as to the seed type and variety they want to plant and harvest. In the
Philippines, more than 300 thousand corn farmers have decided to use biotech seeds for their corn fields,
he added.
http://www.bworldonline.com/content.php?section=Economy&title=un-official-says-questions-remainon-gmo-health-impact-business-practices&id=103492
APEDA NEWS
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Today's Leads
Seller Leads (10)
Buyer Leads (5)
Market Watch
Commodity-wise, Market-wise Daily Price on 01-03-2015
Domestic Prices
Product
Unit Price : Rs/Qtl

Market Center
Variety
Min Price
Max Price
Rice
1
Dhekiajuli (Assam)
Fine
2140
2450
Karanjia (Orissa)
Other
2200
2500
Panisagar (Tripura)
Other
2400
2500
Kadi (Gujarat)
Other
1450
1625
Deoli (Rajasthan)
Other
1400
1500
Bolpur(West Bengal)
Other
1550
1630
Bharuch (Gujarat)
Other
2000
4000
Samana(Punjab)
Other
4000
4400
Asandh(Haryana)
Other
5000
5000
Jajpur (Orissa)
Other
1200
1500
Dasuya (Punjab)
Other
2500
3000
Satara(Maharashtra)
Other
1000
2000
Wheat
Grapes
Cucumbar
Source: agmarknet
for more products
Egg
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Price on 28-02-2015
Product
Market Center
Price
Pune
290
Hyderabad
245
Nagapur
246
Source: e2necc.com
International Benchmark Price

Price on: 27-02-2015
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
6125
Turkish No. 4 whole pitted, CIF UK (USD/t)
4875
Turkish size 8, CIF UK (USD/t)
3625
Californian Thompson seedless raisins, CIF UK (USD/t)
2394
South African Thompson seedless raisins, CIF UK (USD/t)
Raisins
2447
White Sugar
1
CZCE White Sugar Futures (USD/t)
808
Kenya Mumias white sugar, EXW (USD/t)
879
Thai VHP, FOB Thailand (USD/t)
415
Source:agra-net
for more products
Other International Prices
Unit Price : US$ / package

Price on 27-02-2015
Product
Market Center
Origin
Variety
High
Package: 40 lb cartons
Onions Dry
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Low
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1
2
3
Atlanta
Baltimore
Chicago
Yellow
Mexico
Peru
Yellow
Yellow
Mexico
15
15.50
17
18
23
25
Package: cartons film wrapped
Cauliflower
1
2
3
Atlanta
Mexico
Baltimore
California
Detroit
California
14.50
15
White
18
20
White
15.50
16.50
White
Package: cartons tray pack
Apples
1
2
Atlanta
Virginia
Red Delicious
20
20
Baltimore
Imported rice dampens African output

LOW PRODUCTION: Experts say rice-cropping systems suffer from significant production
losses due to low levels of production technologies, disease outbreaks, prolonged dry spells due
to climate change.
KAMPALA, Uganda - Reliance on imported rice and limited efforts in increasing domestic
production is costing sub-Saharan Africa $5 billion annually, Dr. Harold Roy-Macauley
said recently.
Africa is losing about five billion dollars in the
consumption of imported rice due to the high
demand for the produce. However, even with the
limited supply regionally, there are high chances
for African countries to close that gap if the crop is
given a lot of priority by the governments and
scientists who play big roles in developing
solutions for the challenges hindering massive rice
production in Africa.Newly appointed to the
position of Director General of the Africa Rice
Centre, Dr. Roy-Macauley said Africas rice growing countries must invest more resources to
support more production of the cereal crop.
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The regional contributions to rice production are: West Africa (42 per cent), North Africa (32 per
cent); East Africa (23.8 per cent), Central Africa (1.2 per cent); and Southern Africa (1 per
cent).He told representatives from 25 countries who are members of the African Rice Centre that
if production is increased, billions of dollars being spent on imported rice will be saved by the
consuming countries.He said this will also a have positive impact on fighting food insecurity and
poverty especially among the rural women. Africa produces an average of 14.6 million tonnes of
rice per year on 7.3 million hectares, which is equivalent to 2.6 and 4.6 per cent of the worlds
total production and area under rice, respectively. West Africa has the largest area planted with
rice in Africa (56.5 per cent) that is about 3.7 million hectares.
The Africa Rice Centre has 25 members, including Benin, Burkina Faso, Cameroun, Central
African Republic, Chad, Congo, Cote dIvoire, DR Congo, Gabon, Gambia, Guinea, GuineaBissau, Madagascar, Mali and Mauritania.Others are: Senegal, Togo, Nigeria, Liberia, Ghana,
Sierra Leone, Egypt, Rwanda and Uganda.The outgoing Director General at the African Rice
center Dr. Papa Seck called for more investment in new technologies that can support improved
production. He said growing rice locally will not yield any positive results because the continent
is currently facing many challenges such as outbreaks of disease, prolonged dry spells due to
climate change and high population rates in rice growing countries.
When scientists are supported to engage in research, it will help them to come up with new rice
varieties that are resistant to challenges related to drought conditions, pests and diseases out
brake, he told the Council of Minister from the rice growing countries in Africa. As a way of
improving rice production in fragile climatic conditions cereal crop scientist have been
compelled to develop hybrid rice varieties that are both resistant to drought conditions and also
resistant to various pests and disease. Uganda is among those countries that are embracing the
new technologies in rice production is Uganda
According to the Acting Director General of National Agriculture research organization (NARO)
Dr. Ambrose Agona, NARO through its National Crops Resources Research Institute (NACRRI)
the institute under the Cereals Research program has managed to develop more than five new
varieties of rice that are resistant to droughts, pests and diseases. These varieties also mature in a
short time period. Some of the varieties that have been developed at the center include
NERICA-6, Agora and Komboka WITA9, among other varieties. According to Dr. Jimmy
Lamo the principal rice breeder at NACCRI some of the varieties were developed as a result of
partnerships with Africa Rice center and the International Rice Research Institute.
According to Dr. Lamo, Nerica6 is highly tolerant to the yellow mottle virus. It was developed as
an upland variety but it also does well in lowland areas because one of its parents is a lowland
variety. WITA9 Performs well in most lowland areas and agoro is high yielding and early
maturing while the Okile rice variety on the other hand is high yielding and also has good grain
characteristics.Dr. Lamo is also optimistic that if farmers get access to seeds of the improved
varieties from seed producing companies rice production will be spurred in the country.The
average grain yield (2.1 kilogrammes per hectare) is 49 per cent below the world average (of 3.4
kilogrammes per hectare).
This low grain yield is caused by several factors, including the low levels of production
technologies and the dominance of the upland ecology in Africa. Only 11 per cent of the rice
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area is irrigated compared with 53 per cent worldwide. The average grain yield in Africa shows
very little improvement over time.Ugandas minister for Agriculture Animal Industry and
Fisheries Tracy Buchanayandi is optimistic that rice production in Uganda is weel on course
although the crop is facing challenges such as low technological adaptation by rice farmers,
prolonged drought and disease outbreaks.In Uganda we are not doing badly in rice production
and our figures indicate an upward production and this started in 2001 when the country was
producing about 1,100 metric tons.
We have witnessing the production level moving upwards amd that is why prices for rice on the
market has not sky rocked like other crops because the volume of imported rice into the country
has gone down, the minister explained. According to reports from the Directorate of crop
resources at Ugandas agriculture ministry, the countrys rice production has gone up by 9% in
the financial year 2013/2014. The reports indicate that in the year of review the country
produced 250,000 metric tons of rice in 2013/2014 as compare to the 230,000 metric tones
produced in 2012/2013.
By Samuel Nabwiiso, Sunday, March 01st, 2015
http://www.busiweek.com/index1.php?Ctp=2&pI=2849&pLv=3&srI=84&spI=463&cI=25
The commodity pile-up

ASHFAK BOKHARI UPDATED about 22 hours ago
Rice Exporters Association of Pakistan (REAP) has warned the government against involving
itself in rice business in future as procuring the commodity from farmers at a high rate tends to
destabilise the rice market. Reuters/file
The Pakistan Agriculture Storage and
Services Corporation still finds itself trapped
in a Catch-22 situation over the disposal of
piled-up rice stock it procured seven years
ago to stabilise the market.Despite repeated
issue of the tender, the latest being the
fourth, no one is coming forward to buy the
commodity. The corporation is desperate to
wriggle out of this predicament and is now
willing to sell the stock at a lower price,
having purchased it at Rs75 per kg.In
November Passco was approached by a traders group with an offer to lift the stock at the rate of
Rs50 per kg but with a condition to take delivery spread over a six-month period.
The bid was rejected by the corporation, which then thought of offering the leftover rice to its
own employees at the reduced rate. But they also showed reluctance to avail the offer.The
Pakistan Agriculture Storage and Services Corporation (Passco) had procured 200,000 tonnes of
rice in 2008 on the directive of the federal government to help maintain the support price of
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paddy crop in the open market and protect the farmers from losses.About half of the stock was
sold in 2009-10 at the rate of Rs75 per kg.
In the past seven years, the losses the corporation suffered reportedly come to Rs24bn. The
tenders being issued these days relate to disposal of 1,648.75 tonnes of rice. The unsold stock is
stored at a rice mill.It was in the context of this episode that the Rice Exporters Association of
Pakistan (REAP) has warned the government against involving itself in rice business in future as
procuring the commodity from farmers at a high rate tends to destabilise the rice market. If the
government intends to help or support the farmers, it should give them direct subsidy. The
private sector, it asserted, has invested billions of rupees in building an infrastructure and it
should not be tampered with by the government.
The falling trend of commodity prices in the global market has created difficulties for
Pakistani exporters
Once again, there is a glut of major commodities such as wheat, rice and sugar in the country. On
the one hand, lower international prices are discouraging their exports and, on the other, there
has been no disposal of stock of the previous crop while the new crop is about to arrive. In case
of sugar cane crop, it is more than three months that the formal cane crushing has yet begun
owing to dispute over cane price.The downward trend in rates of most of the rice varieties has,
meanwhile, caused a rift among exporters in Sindh.
The office-bearers of Sindh Balochistan Rice Millers and Traders Association have suspended
members belonging to Rice Exporters Association of Pakistan (Reap) for creating hindrances in
the export of rice. Similarly the latter group has expelled the members of the former group for
damaging the Reaps cause.As the infighting rages, huge stocks of Irri-6 lying unprotected at
many rice mills in lower Sindh carry the risk of becoming unusable if not exported on time. The
Irri-6 rate had come down from Rs3,400 to Rs2,700 per 100kg in the global markets. The
basmati variety is currently being traded at around Rs3,000 per maund, against Rs4,500 last year.
The exporters have been given at least least $50 per tonne subsidy on rice export.
The current glut of basmati rice is believed to be about 1m tonnes. Normally, the country
produces about 2m tonnes of basmati rice. Of this, half amount caters to the domestic market
while the remaining half is exported. But since 2011, the exports are in decline.The Economic
Co-ordination Committee (ECC) of the Cabinet has allowed Punjab and Sindh to export 800,000
and 400,000 tonnes of wheat respectively.
Since domestic prices are higher than the ones in international market, the federal government
has also announced a rebate of $55 per tonne for Punjab and $45 per tonne for Sindh. Similarly,
the ECC has allowed export of 650,000 tonnes of sugar but not later than May 15, 2015. There
will be a 20pc regulatory duty on the import of raw and beet sugar.The exporters will get an
inland freight subsidy of Rs2 per kg and cash subsidy of Rs8 per kg. The total cost of the subsidy
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which comes to Rs6.5bn is to be borne by both the federal and provincial governments on equal
basis.
But it is worrisome that despite rebate incentives, the wheat export policy has failed yet to attract
the exporters. So far, only one deal has been signed for a quantity of 3,000 tonnes, although
Punjab and Sindh food departments have received a number of queries regarding purchase of
wheat for export purposes. The falling trend of commodity prices in the global market has
created difficulties for Pakistani exporters.
Published in Dawn, Economic & Business, March 2nd , 2015
http://www.dawn.com/news/1166700/the-commodity-pile-up
Should The World Welcome GMOs?

by DEBORAH GRACE
March 1, 2015
Many people are concerned about
GMOs. The fact of the matter is that
they should be, but thats not the
whole story. GMOs have been around
for a very long time and, in many
cases, they can be quite beneficial.
While studies might suggest that they
can have potential long term risks,
they can also have immense short
term benefits.Reducing the cost of a
large crop which could feed an entire
third world village is a noble desire.
Does the risk benefit ratio matter so
much when the people consuming the
food might die of starvation, dehydration, or disease tomorrow?
But, I digress, some concerns about GMOs actually have nothing to do with food. For example,
aggressive defense of seed patents from by multinational organizations has resulted in small farmers
being accused of infringing on intellectual property.They barely even own any physical property to grow
their few acres of food or livestock and here they are accused of stealing millions of dollars-worth of
someone elses idea?
So why should anyone support GMOs, then?
The unique advantage of genetic modification lies in its ability to incorporate novel genes with useful
traits into new rice varieties. These include genes from plants and organisms unrelated to rice that could
not be transferred using other breeding methods, study researchers from the International Rice Research
Institute in a statement.Biotechnology Coalition of the Philippines (BCP)Executive Secretary Abraham J.
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Manalo also reminds that GMO technology has been certified as safe by [some] reputable global and
national institutions.
He contends, All internationally-recognized science organizations have declared that food from modern
biotechnology is as safe as their non-biotech or traditional counterparts, citing several organizations: The
World Health Organization, the American Medical Association, the U.S. National Academy of Science,
the UK Royal Society of Medicine,the Food and Agriculture Organization, the American Association for
the Advancement of Science, and more.
http://www.piercepioneer.com/world-welcome-gmos/38350
Banglamoti paddy cultivation

There was a news item in the media in 2008 which stated that BRRI had developed a variety of rice called
Banglamoti --one that is similar to Bashmoti rice of Pakistan and India -- but its yield per hector is likely
to be double. Banglamoti rice was cultivated in different regions in Bangladesh experimentally and the
result was very encouraging. It was mentioned in the news item that Banglamoti could be produced in
both Aman and Aush seasons. It was further stated that within ten years, half of the land dedicated to rice
production in Bangladesh would be brought under Banglamoti cultivation. By now, 12 seasons have
passed but the Banglamoti rice is not seen in the wholesale market in Dhaka.
A consumer intending to have Bashmoti rice has to buy the same from the market. Most people cannot
have the taste of Bashmoti rice as it is costly. We hoped that as the Banglamoti yield is expected to be
double that of Bashmoti, the price of locally produced Banglamoti will be within the reach of the common
people in Bangladesh.It is learnt that the long Banglamoti paddy could not be husked in the existing rice
mills in the country now. Only a few mills in Gazipur can do that. Farmers are not interested to cultivate
Banglamoti paddy mainly due to husking problem.
The government can provide necessary administrative and financial support to the private millers to set up
suitable rice mills needed for husking the Banglamoti paddy. Machinery can be imported from India for
the purpose.I would like to urge upon the government to take appropriate steps to popularise the
cultivation of Banglamoti rice among farmers of every upazilla of the country. An awareness
development project can be launched to encourage them and the financial institutions may be advised to
extend financial assistance to the intending entrepreneurs to set up husking mills for Banglamoti paddy.
Md. Ashraf Hossain

120, Central Bashaboo
Dhaka-1214
mah120cb@yahoo.com
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http://www.thefinancialexpress-bd.com/2015/03/02/83207
Levy rice system to go from October

Dipak K Dash,TNN | Mar 2, 2015, 06.55 AM IST
NEW DELHI: In its bid to push state governments to set up procurement mechanism for paddy and to
ensure farmers get the minimum support price (MSP), the Centre has stopped the decades-old practice of
"levy rice" from October this year. Levy rice is a mandatory system under which millers also undertake
rice procurement for the public distribution system (PDS) by buying paddy directly from farmers like
Food Corporation of India (FCI) and state government agencies. At present, in different states, it's
compulsory for millers to supply up to 25% of their annual produce for public distribution system at a rate
fixed by the government.
Sources said there were two reasons for doing away with this practice. First, there is no effective system
in place to supervise whether millers are paying MSP to farmers while buying paddy and, two, there are
chances of millers diverting better quality rice to the open market. They added that the millers in many
cases supplied inferior quality rice for the public distribution system. "With a view to ensure payment of
remunerative prices to farmers at MSP or above and to improve outreach of procurement system to the
farmgate for their better coverage, it has been decided now that state governments should not impose any
levy on rice from millers from October 1," a recent notification issued by the food ministry said.
Punjab and Haryana are among the major rice-producing states that have already abolished the levy rice
system. However, it is still prevalent in Uttar Pradesh, Uttarakhand, Andhra Pradesh, Telangana and West
Bengal. Since the NDA government came to power, there has been greater focus on expanding the
government system for procurement of both paddy and wheat in states where such mechanism is either
missing or inadequate. Recently, the PM-appointed high level committee on restructuring FCI had
recommended that the agency should outsource all procurement operations to states that have gained
sufficient experience such as Punjab and Haryana. It had urged FCI to move to other states where farmers
may be resorting to distress sales, such as Uttar Pradesh, Bihar, West Bengal and Assam.Stay updated
on the go with Times of India News App. Click here to download it for your device.
http://timesofindia.indiatimes.com/india/Levy-rice-system-to-go-fromOctober/articleshow/46425615.cms
State alone to carry the gun: PM

Says Karachi operation to reach
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Azeem Samar
Friday, February 27, 2015
From Print Edition
KARACHI: Prime Minister Nawaz Sharif said that Karachi will be made a haven of peace
by the year 2018 when the ongoing targeted operation against criminals will reach its
logical conclusion.
The prime minister stated this on Thursday speaking as the chief guest at the inaugural
ceremony of the 9th Expo Pakistan 2015 - the countrys largest trade fair being
organised by the Trade Development Authority of Pakistan at the Expo Centre,
Karachi.
The PM said the country had no room for organisations spreading discord in the society and
committing terrorism. He said the government would not tolerate possession of illegal arms by
any one and from now onwards arms would only be possessed by law-enforcement agencies.
He said the government had the longstanding dream of making Pakistan peaceful and
progressing as the government had been striving to achieve this desire. The PM said that Karachi
had remained a peaceful city but its peace had become a victim of someones ill-wills. He said
the city should not witness crimes and kidnappings for ransom.He said efforts should have been
taken five years earlier for restoration of peace in Karachi but his government on assuming
power launched the operation for improvement of law and order situation in the city.He said that
it was the vision of his government to make Karachi a peaceful city as economy would flourish
with persistence of peace.
He said Karachi bore the prime importance due to value of the metropolis in business
matters.Nawaz Sharif said that economic situation in the country had been improving due to
right policies of the government. The prime minister said that he would assure international
investors to invest in different sectors as Pakistan had been offering best possible facilities of
foreign investment. He said his government would provide maximum assistance and protection
for prospective investors coming to the country.He said attendance of large number of
prospective foreign investors in Expo Pakistan had proved well that the latest trade fair had
become more successful than any of such previous business fairs. He said it also proved that
foreign investors had interest to invest in different business sectors of the country.
He said the present government, instead of relying on aid, had been furthering the policy of
increasing volume of international trade as Pakistan-made products should get access to
international markets.He said that his government had attached the foremost priority to peace and
economy. Nawaz said another priority of his government would be to resolve persisting energy
crisis as several major steps were being taken to overcome energy shortfall.He said that holding
Expo Pakistan would be highly helpful in winning a place for Pakistani products in international
market as volume of exports from Pakistan would be increased to $50 billion in next three
years.Nawaz said his government had devised a new policy for promotion of exports of textile
products for which a target of $39 billion had been set to chase till 2019.
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He said implementation was in progress on South Asia Free Trade Agreement while awards of
GPS-Plus (Generalised System of Preferences-Plus) status on Pakistan by European Union (EU)
had become a very suitable move for Pakistani exports.He said Pakistani rice, textile, and other
products had great international demand and value. Nawaz appealed to business and industrial
community to make investment for increasing volume of products being manufactured in
Pakistan.The prime minister broke good news for business community that process of payment
of taxes by businessmen was being simplified so that business people should not face any
hardship in paying their taxes.
He greeted the Ministry of Commerce and Trade Development Authority for successfully
organising the Expo Pakistan.Federal Commerce Minister Khurram Dastgir Khan said successful
holding of Expo Pakistan would convey the message to global audiences that Pakistan was the
most successful country in terms of trade with vibrant opportunities of investment.The
commerce minister said the government had the intention to introduce maximum number of
Pakistani products in international market as it would give way to installation of new industries
and opportunities of employment.Also present on the occasion were Sindh Governor Dr Ishratul
Ebad Khan, Chief Minister Syed Qaim Ali Shah, Defence Minister Khawaja Asif, TDAP chief
SM Muneer.
The Expo Pakistan, which would continue till March 01, is being attended by some 1,000
delegates of over 65 countries while the expo has the active participation from 17 countries
including India. In six halls of Expo Centre, a total of 525 stalls have been set up for the trade
fair.Later, Prime Minister Nawaz Sharif accompanied by Sindh governor and chief minister,
visited the Clifton residence of late Justice (R) Rana Bhagwandas, who passed away on February
23, and condoled with the bereaved family members. The PM on the occasion praised the
services of the late former acting chief justice of Supreme Court for ensuring rule of law and
provision of justice to deprived Pakistanis.
http://www.thenews.com.pk/Todays-News-13-36111-State-alone-to-carry-the-gun:-PM
Rice Leadership Program Class of 2013-15 graduates

The class is made up of five rice producers: John Compton, Jennings, Louisiana; Seth Fiack,
Glenn, California; Mark Isbell, North Little Rock, North Carolina; Steven Schuler, Woodland,
California; and Joel Stevens, Monticello; and two industry representatives: Robb Dedman with
Pro Ag Consulting, Rison; and Wes Long with RiceTec, Benton.
By USA Rice Federation
Posted Feb. 28, 2015 at 4:00 PM
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WASHINGTON, D.C.
The Rice Leadership Development Program's Class of 2013-2015 graduated from the prestigious program
during a special ceremony at the USA Rice Federation's 2015 Government Affairs Conference this week.
Rice Foundation Chairman Todd Burich and USA Rice Chairman Dow Brantley presided over the
ceremony, congratulating the graduates and thanking program sponsors, John Deere, RiceTec Inc. and
American Commodity Company.The class is made up of five rice producers: John Compton, Jennings,
Louisiana; Seth Fiack, Glenn, California; Mark Isbell, North Little Rock, North Carolina; Steven Schuler,
Woodland, California; and Joel Stevens, Monticello; and two industry representatives: Robb Dedman
with Pro Ag Consulting, Rison; and Wes Long with RiceTec, Benton.
The class was immediately put to work representing the rice industry during the conference, participating
in multiple meetings with members of Congress, staff from key Congressional Committees and agency
representatives. A highlight of the Washington session was the tour of the USDA's satellite weather
center.The group also met with Deputy Chief of the Cuban Interest Section Juan Lamiguerio and his staff
to discuss the potential for rice trade between the two countries.
http://www.stuttgartdailyleader.com/article/20150228/NEWS/150229687/-1/sports#sthash.tSNkqjxT.dpuf
Climate factor causes rice price hikes: Observer

Minggu, 1 Maret 2015 00:19 WIB |
Jakarta (ANTARA News) - Agriculture observer Khudori said recent hikes in rice prices were mostly
triggered by climate changes that caused a delay in harvesting."We should have experienced grand
harvests beginning this February until next May. However, because of the late arrival of the rainy season,
rice planting and harvesting were delayed by about 1.5 months. This has resulted in a longer period of rice
scarcity," Khudori told a press conference here on Saturday.He noted that as a result of rice scarcity
caused by delayed harvest season, the price of the commodity has inevitably increased.
"What is regrettable is the governments slow action. It has not taken anticipatory steps to avoid price
rise," he remarked.Following monitoring, it was known that the volume of rice entering Jakartas Cipinang
wholesale rice market was only 1,500 tons per day; the normal volume was 3,000 tons per day."The
decline in the production is extraordinary. So, based the principle of supply and demand, the rice price
automatically increases," he noted.Furthermore, the governments statement on the replacement of the rice
for poor (Raskin) program with an e-money scheme will also have an impact on rice prices.
"The Raskin program supports some 15.5 million poor people. If the program is no longer available, they
will look for rice in markets. This will lead to an escalation in rice prices," Khudori noted.Earlier, Herman
Khaeron, the deputy chairman of Commission IV on agriculture affairs of the House of Representatives
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said the plan to drop the rice for poor (Raskin) program will affect rice price stability."Withdrawing the
Raskin incentive will have negative impacts because rice is a sensitive commodity in Indonesia," he
remarked.
Khaeron pointed out that in response to the governments statement on its plan to drop the Raskin
program, businesses will withhold their rice stocks until Raskin rice, which is relatively cheaper,
completely disappears from the market. Businesses will then release their stocks for higher
prices. Therefore, the legislator advised, the government should make public this policy matter because it
will have implications on many sectors. And it will be the people who will mostly bear its effects.(*)
http://www.antaranews.com/en/news/97932/climate-factor-causes-rice-price-hikes-observer
We will pay more attention to rice value chain" Minister

Government would pay more attention to the development
of the rice value chain for mass production of rice to
reduce its imports, according to Mr. Fiifi Kwetey, Minister
of Food and Agriculture.He said the Ministry of Food and
Agriculture was fully behind initiatives that aimed at
developing the rice value chain and assured that all
investors and communities involved in developing rice
fields, especially the Nasia-Nabogo valley, would be given
a fair deal.Mr Kwetey said this in a speech read on his
behalf during the Ghana Commercial Agriculture Project
(GCAP) Investor Conference in Tamale.
The Investor Conference organized by the GCAP was meant to introduce to participants, the
Nasia-Nabogo valley rain-fed rice production and opportunities available to whet investor
interest in the project.The government of Ghana secured a $100 million credit from the World
Bank and a grant of $45 million from the USAID to implement the GCAP projects mainly in the
Accra Plains and the Savannah Accelerated Development Authority (SADA) zones for crop
production scheduled to be completed over a five-year period.Mr Kwetey said the investor
conference marked a milestone in the work of GCAP, which had the opportunity to outdoor an
innovative approach by establishing an Agricultural Growth Pole (AGP) in the SADA zone.He
said adoption of the growth pole strategy had the potential for accelerating economic growth and
support social progress through efficient utilization of natural and agricultural resources in line
with the potentials of SADA.
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He said now that GCAP had selected one of the agricultural growth poles for attention there was
the need for government to support to ensure that it served as development corridor that
remained focused for developing the rice value chain.Mr Alabi Bortey, the Project Co-ordinator
of GCAP said, GCAP was currently seeking investors to invest in commercial agriculture
business in rice production on the 10,000 hectare arable land at the Nasia-Nabogo valley in the
Savelugu/Nanton Municipality of the Northern Region.He said strong emphasis would be on the
involvement of farmers from neighbouring communities within the Nasia-Nabogo valley and
assured investors who wish to cultivate rice within the GCAP demarcated area in the NasiaNabogo valley area of support through a matching grant scheme based on eligibility criteria.
Mr Bortey said GCAP would support investors with the construction of water retention
structures to ensure availability of water throughout the cropping season and that the investors
would be expected to integrate smallholder farmers into the inputs, outputs and farm equipment
services on a continual basis for at least five years.He announced that the project was also
inviting contractors wishing to bid for the design and construction of the irrigation infrastructure
to be constructed and called on all to support the project to succeed, saying, Let us together
create an environment that would increase rice production and productivity.
http://www.ghanaweb.com/GhanaHomePage/business/artikel.php?ID=348574
Indian rice exports to plunge as Thailand offloads stocks

Mon Mar 2, 2015 6:35am GMT
* India 2015 rice exports could drop a fifth to 8 mln T industry
* Non-basmati shipments could fall a quarter to 5 mln T
* India, Thailand competition is good news for African buyers
By Rajendra Jadhav and Kaweewit Kaewjinda
MUMBAI/BANGKOK, March 2 (Reuters) - India's rice exports will struggle to compete with
cheaper cargoes from No.1 seller Thailand in 2015 as Bangkok looks to offload grain from its
huge state stockpiles, industry officials and traders said.B.V. Krishna Rao, managing director of
leading Indian rice shipper Pattabhi Agro Foods Pvt Ltd, said the country's exports could plunge
by a fifth this year to 8 million tonnes, with some other industry officials in the country making
similar warnings.Lower exports will leave more rice in Indian hands, piling pressure on alreadybulging storage and raising the spectre of grain getting damaged in temporary silos.But
competition among the world's top two exporters will drag further on prices that have fallen 5
percent since the start of October.
That's good news for African nations like Nigeria and Senegal that are typically major buyers of
Asian rice."The Thai government's efforts to sell rice from its own warehouses has been putting
pressure on global prices and limiting Indian exports," said Rao.Thailand will open a tender to
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sell around 1 million tonnes of rice in March, as it tries to shift over 17 million tonnes of rice
built up under a controversial subsidy scheme. It aims to sell 10 million tonnes in 2015 and 7
million next year.Indian exporters can compete with private Thai traders, but not with the
government as it can cut prices to generate demand for old stock, said M. Adishankar, executive
director at Sri Lalitha, a major rice exporter in southern India.In the latest tender, Thailand sold
5-percent broken rice from old stocks for $236 to $378 per tonne, although the market price for
new crops was around $415.
India has recently offered the same grade at around $400."The government's rice is old and has
been stored for a long time so its value depreciates accordingly ... there is always a price gap
between new rice and old rice," said an official at the Thai Rice Exporters Association, who
declined to be identified.India, which lost the top rice exporter spot in 2014, could see its
shipments of non-basmati or common grade rice fall by nearly a quarter to 5 million tonnes in
2015, while exports of aromatic basmati could drop over 14 percent to 3 million tonnes, Rao
said.Basmati sales have also been hit after top buyer Iran suspended imports late last year to
support local farmers, although one exporter expected shipments to restart in April.Rice
inventories at India's state-run agencies had jumped to around 25 million tonnes by Feb. 1, nearly
double the targeted level, government data shows.
Thomson Reuters
Decision for Zarb-e-Azb should have taken much earlier:

Nawaz Sharif
27 February, 2015
KARACHI: The prime minister said that Zarb-e-Azb operation being
successfully carried out in North Waziristan, and said the decision for this
operation should have been taken much earlier.Addressing the inauguration
ceremony of Ninth Expo Pakistan here, the prime minister said that the
peace in the country would guarantee economic revival and prosperity. To
the foreign investors attending the Expo Pakistan, Sharif said Pakistan was successfully
encountering the spillover security challenges. Pakistan is swiftly been brought back to
normalcy, Sharif said and urged the businessmen to set up industrial units in Pakistan and
benefit from the investment-friendly environment.
The Prime Minister said Pakistan would overcome its energy crisis by the end of 2017.Prime
Minister further said on Thursday 26,February,2015 that armed militias in Karachi are not
acceptable.He said the ongoing operation in the port city would not be left half way and would
continue till its logical end. the government was firm in eradicating militancy and had decided to
take solid steps to ensure peace in the country. The prime minister said the decisive moment had
come to bring Karachis peace back and make the city free from the hold of militants. We are
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determined that the power of gun would rest with the government, not with the militants, he
said. He vowed that Karachi would soon be rid of major crimes including kidnapping for
ransom.
Nawaz Sharif Thursday said his government was committed to make Pakistan the preferred
destination for business and hoped in next three years the countrys exports would rise to US 50
billion. Addressing the launch of Expo Pakistan, countrys biggest trade fair, showcasing largest
collection of Pakistans export merchandise and services, he said that Pakistan was a land of
business opportunities. We offer our foreign buyers a very competitive sourcing option. The
captains of our industry have carved out their niche in the world market due to their production
efficiencies and business ethics.
The Prime Minister said his government was dedicated and committed to economic
development of Pakistan. I and my team are actively engaged to bring in long term reforms in
socio-economic sectors of Pakistan. We are well aware of the aspirations of the people of
Pakistan and will do our utmost to vindicate the trust reposed in us, the Prime Minister said. He
said owing to consistent efforts, his government has succeeded in enhancing Pakistans exports
to its highest ever turnover of over US $ 25 billion during the fiscal year 2013-14.
I am sure our entrepreneurs will maintain and further accelerate this growth momentum to
achieve export level of US$ 50 billion within three years, the Prime Minister said.The Prime
Minister said that the government recently approved its Textile Policy, aimed at doubling exports
of textiles and clothing sector from existing US$ 13 billion to US$ 26 billion by the year 2019.
He said that Asia was gradually emerging as the new global economic hub and Pakistan was
fortunate to be located in the high economic growth neighbourhood. He said that Pakistan was
currently not part of this highly competitive economic growth activity but was fully resolved to
achieve a similar target.
The prime minister particularly highlighted the performance of Pakistani textile and apparel
industry and said it was considered amongst the worlds leaders.The bed sheets, quilt covers, Tshirts and jeans produced in Pakistan were sold at international leading chain stores from
discounters to upscale outlets and under leading brand names. Prime Minister said that Pakistan
has modern rice milling and processing industry and its exotic Basmati rice has made its mark in
the world market. All these production advantages offer unlimited business opportunities that
has been aptly chosen as the slogan of EXPO Pakistan.
He said as an incentive to adding profitability to business ventures, Pakistan has effectively
negotiated the bilateral, multilateral and pluri-lateral trading arrangements with many regions
and countries in the world enabling its products to enter the foreign markets at lower tariffs. In
this regard he mentioned the South Asian Free Trade Agreement (SAFTA) that was in operation
and aimed at liberalizing trade with its South Asian neighbours.
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Courstesy:PakTribune
World's Fair' takes North Plainfield students around the

planet
Agnes Arakelian talks to students inside of an igloo as they visit the Artic during the school's
event. The Sundance School's 'The World's Fair' takes students on an amazing journey around
the world as part of the schools multi-cultural lessons being taught to students over the course of
the year. The theme for this year, 'It's a Small World' teaches students about world literature and
geography, multicultural music, arts world languages, governments and more.
NORTH PLAINFIELD The auditorium at the Sundance School in North Plainfield has been
transformed into an interactive, multi-sensory, wonderland for all students, preschool through 5th
grade. This week 175 students took a trip around the world as they participated in "The World's
Fair" one of four annual themes the school incorporates into interactive learning.The two-week
events called "happenings" have been held at the private school for over 30 years. The school is
closed for one week as a crew of volunteers, both parents and teachers decorate the displays and
create exhibits. The following week students visit the various exhibits which represent different
countries.
There are 12 exhibits in this year's "World's Fair," India, China, Kenya, Brazil, England, France,
Mexico and several other locations. At each exhibit, students learn about the traditions and
customs of various countries, including language, literature, food, clothing, art, music and folk
dances.The happenings foster a love of learning and knowledge, and a sense of wonder, and
joy."In the India exhibit, the children enjoyed dressing in traditional clothing and then joining in
a group dance.
They were also served basmati rice.Other exhibits include a trek through South America, a safari
in the African Serengeti, a ride through the Arctic region, and other fun-filled destinations.These
events serve as the springboard for monthly and weekly themes throughout the year, according to
Sundance director, Laura Romito. Two of the annual themes are geared to broad social studies
topics, Westward Ho and the World's Fair and two others are science oriented, Science City and
The Earth is Good to Me. "To see the wonder in the eyes of the children as they hear, smell, feel,
and even taste a new world come to life through their imaginations is truly rewarding for all
concerned." Romito said. "The happenings foster a love of learning and knowledge, and a sense
of wonder, and joy."The Sundance School is located in the back of the Trinity Reformed Church.
"The World's Fair" will continue until Tuesday, March 3rd,2015.
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Amira Nature Foods Ltd (ANFI) Showcases New Organic

Range at Natural Products Expo West
Fri Feb 27, 2015 1:40pm EST
* Reuters is not responsible for the content in this press release.
Amira Nature Foods Ltd (ANFI) Showcases New Organic Range at Natural Products Expo
West
Amira Nature Foods Ltd will participate in the largest tradeshow and conference for the natural,
organic and healthy lifestyle marketplace; more than 60,000 are expected to attend
Amira Nature Foods Ltd (NYSE: ANFI), a leading global provider of branded packaged Indian
specialty rice, will be showcasing a new organic range of rice at the Natural Products Expo West on
March 6-8th in the United States, presented alongside a variety of flagship Amira products.Amira will
have their new organic and natural dry rice range products on display at booth #5005 in Hall E of the
Anaheim Convention Center. Amira will also have a variety of rice dishes to sample, as well as
celebrity chef guest appearances at their booth to create an authentic Amira experience.Celebrity
Chef Daniel Shemtob, founder of the Lime Truck and winner of the Food Networks The Great Food
Truck Race, will make guest appearances at Amiras booth to share his tricks of the trade and
culinary advice on creating inventive ready-to-eat dishes using Amira products.
About Amira Nature Foods Ltd
Founded in 1915, Amira has evolved into a leading global provider of branded packaged Indian
specialty rice and other products, with sales in over 60 countries today. The Company primarily sells
Basmati rice, which is a premium long-grain rice grown only in certain regions of the Indian subcontinent, under its flagship Amira brand as well as under other third party brands. Amira sells its
products through a broad distribution network in both the developed and emerging markets. The
Companys global headquarters are in Dubai, United Arab Emirates, and it also has offices in India,
Malaysia, Singapore, Germany, the United Kingdom, and the United States. Amira Nature Foods Ltd
is listed on the New York Stock Exchange (NYSE) under the ticker symbol ANFI.
For more information, please visit www.amira.net
Safe Harbor for Forward-Looking Statements
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This press release contains statements of a forward-looking nature. These statements are made under
the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can
identify these forward-looking statements by words or phrases such as may, will, except,
anticipate, aim, estimate, intend, plan, believe, is/are likely to, future or other
similar expressions.
We have based these forward-looking statements largely on our current expectations and projections
about future events and financial trends that we believe may affect our financial condition, results of
operations, business strategy and financial needs. These forward-looking statements include, but are
not limited to: our goals and strategies; our expansion plans; and our future business development.
We would like to caution you not to place undue reliance on forward-looking statements and you
should read these statements in conjunction with the risk factors disclosed in Risk Factors
appearing in our Annual Report on Form 20-F as well as other public filings with the Securities and
Exchange Commission.
Those risks are not exhaustive and reflect our expectations as of the date of this press release. We
operate in a rapidly evolving environment. New risk factors emerge from time to time, and it is
impossible for our management to predict all risk factors, nor can we assess the impact of all factors
on our business or the extent to which any factor, or combination of factors, may cause actual results
to differ from those contained in any forward-looking statement. We do not undertake any obligation
to update or revise the forward-looking statements except as required under applicable law.
For Investor Inquiries:

Amira Nature Foods Ltd
Bruce Wacha, 201-960-0745
Chief Financial Officer
bruce.wacha@theamiragroup.com
or
For Press Inquiries:
Curzon PR
Angela Petersen, 631-830-3305
angela@curzonpr.com
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2nd March, 2015 Daily Global Rice E - Newsletter by Riceplus Magazine

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FTAS ARE HARMING LOCAL INDUSTRY: APBF

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State Bank allows export refinance for broken rice

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UN official says questions remain on GMO health impact,

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Buyer Leads (5)

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International Benchmark Price

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Californian Thompson seedless raisins, CIF UK (USD/t)

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Package: cartons film wrapped

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Imported rice dampens African output

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The commodity pile-up

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Should The World Welcome GMOs?

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Banglamoti paddy cultivation

Md. Ashraf Hossain

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Levy rice system to go from October

State alone to carry the gun: PM

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Rice Leadership Program Class of 2013-15 graduates

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