Académique Documents
Professionnel Documents
Culture Documents
July 8 ,2015
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Of course our basmati rice is the best in the world and elongates on cooking and is
tasty and has a special flavour with aroma. Every effort must be made to maintain
its distinguished position.He called upon the Pakistani PSI companies to facilitate
the SME rice exporters by offering them concessional rates for PSI and also for
evaluation of samples and production guidance. He also called upon the Small and
Medium Enterprises Development Authority (SMEDA) to upgrade the rice industry
and improving the supply chain.UNISAME is thankful to Hamid Malhi the
managing director of Basmati Rice Growers Association of Pakistan for advocating
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the case for GI registration in the international forum. Thaver called upon the
leading rice millers, processors and exporters to accommodate the QRC staff by
offering them employment.
He said UNISAME has no complaints against the staff members except that they
were influenced by the former managers, it was only against the system of PSI
which was a mockery of PSI which UNISAME always pointed out to the authorities
and various forums.Even the Pakistan Standard Quality Control Authority (PSQCA)
never enrolled it as a PSI because it did not meet their requirements.
A PSI company has to be a joint stock company and must be qualified and eligible
to conduct PSI and equipped with a laboratory and having an insurance cover to pay
claims due to errors or mistakes in assessment or evaluation. He felt really sorry for
the employees of QRC and said it would have been better if MINCOM would have
transferred them to the Trading Corporation of Pakistan (TCP) rather than leaving
them in a lurch after 15 years of service. Thaver thanked the print and electronic
media, the committee and patrons of UNISAME wh o stood behind him in the cause
of disbandment of QRC and facilitating the rice exporters.
http://www.unisame.org/good-bye-to-qrc-forever/
Among its many applications, the chip can be used to quickly identify rice types, how they can
affect yield and how disease-resistant they are. Photo: Bloomberg
New Delhi: Scientists from the Indian Council of Agricultural Research (ICAR) have developed
a high-density microarray chip with more than 50,000 DNA markers that could speed up the
development of new varieties of rice by at least five years.Among its many applications, the chip
can be used to quickly identify rice types, how they can affect yield and how disease-resistant
they are.These single-nucleotide polymorphism (SNP) chips can scan all DNA from a rice
variety and analyse the genetic variation in that particular variety, speeding up the breeding
process. SNP is the most abundant form of DNA sequence variation present in plant genomes
and has revolutionized plant breeding recently.
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With the ICAR rice chip, researchers can carry out evolutionary and genetic diversity studies of
cultivated and wild rice seeds and tissues. Indian scientists designed their own DNA chip as the
only other such chip, developed at the Cornell University in the US, was not available for
research in India. While the Cornell chip has 44,000 SNP markers, the ICAR chip has 50,051
SNPs from 18,980 genes spanning all the 12 rice chromosomes.
In a paper published in Nature Scientific Reports on 26 June, scientists have written about the
efficiency of the chip in analysing background recovery in submergence tolerant versions of
popular rice varieties developed through marker-assisted breeding. The chip has also proved
useful for quality control and regulating the rice seed business by monitoring the spread of new
rice varieties and checking the purity and variety of rice seeds.
A major application of this chip will be in marker-assisted back cross-breeding, explains T.R.
Sharma, co-author of the study and project director at the National Research Centre on Plant
Biotechnology. With marker-assisted back cross-breeding, scientists can identify the plant
variety with the highest recurrent parent genome more efficiently and thus increase the yield, he
said. Usually, individual plants have to be planted for each variety and then genes of each
variety are observed. With the gene chip, this process will take six to seven years instead of 1215 years, explained Sharma.
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The chip was developed over five to six years at a cost of Rs.50-60 lakh. The ICAR rice chip
will help identify new useful genes from our vast genetic resources of wild rice and traditional
rice varieties to face the twin challenges of growing population and climate change, said a press
release from ICAR.However, scientists say that for the chip to be used extensively, basic
infrastructure has to be developed across the country.
World over, many companies and universities are patenting similar SNP chips and we have to
pay heavily to use them. So if ICAR has developed a chip for our traditional varieties of rice,
then that will be a huge help to researchers, said S. Robin, head of the department of rice at the
Centre for Plant Breeding and Genetics, Tamil Nadu Agricultural University.For widespread
and extensive use of this resource, it is important to develop basic infrastructure in multiple labs
as there are so many researchers in this field, he added.
Experts say hundreds of farmers in rice growing areas of Burdwan, South and North 24
Parganas, Midnapore, Nadia, Howrah etc have now left the modern high-yielding varieties,
which were popularised during the 1960s and 70s.Among the folk varieties, premium variety of
aromatic rice Gobindobhog is the most popular and is now grown over 30,000 hectares in
Burdwan district, the rice bowl of West Bengal."The cost of production is lesser than the modern
varieties as it requires less fertiliser and pesticide," said Anupam Paul, Assistant Director of
Agriculture.At the Agriculture Training Centre in Nadia district's Fulia, he has around 300 such
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folk varieties of rice in his collection, out of which 51 were aromatic.They have been trying to
popularise indigenous varieties since the last few years before the seeds get lost forever.
When it comes to fragrant rice, farmers prefer to go the organic way because any use of chemical
fertilisers or pesticides dilutes the natural aroma of the folk product, Paul said.Besides
Gobindobhog, other old varieties of scented rice like Radhatilak, Kalonunia, Kalojeera,
Tulsimukun etc are also gaining popularity slowly.Many of the folk varieties are getting attention
as they are more resilient to the vagaries of nature.Farmers, particularly in the islands of
Sundarbans spread across North and South 24 Parganas, are favouring flood tolerant varieties
like Bhasamanik and Bhadoi as they have been hit hard by rising water levels due to global
warming.Nonabokra variety has also been a hit due to its ability to tolerate salinity.
In the laterite zones of Bankura, Birbhum and Purulia, drought resistant ones like Bhutmuri and
Kalash variants are gaining a foothold among the farming community.West Bengal Biodiversity
Board's chairman Dr Ashok Sanyal said the biodiversity management committees at the block
level are encouraging seed banks to store folk seeds, which were getting lost."We are trying to
conserve such seeds in regions where they are depleting in numbers. We have now two seed
banks in Ramnagar and West Midnapore," he said.In West Bengal alone, over 5,500 varieties
were recorded to have existed until the seventies."Crop diversity allows a farmer to grow food in
a variety of environments characterised by different soil and qualities, temperature and rainfall
regimens, topographies, and exposure to diverse pests and pathogens," says eminent rice
conservationist Debal Deb, in a research report.Some varieties of rice are also known to be high
in iron content, which could benefit anaemic women and children
Read more at http://www.thestatesman.com/news/bengal/taste-cost-prompt-return-of-folkrice/74370.html#Zh2mluXSLeOzUz8Q.99
The Central Bank of Nigeria (CBN)s exclusion of rice importers from accessing foreign
exchange from Nigerian markets could stoke up rice prices in the country, according to
analysts.CBN defended its action, saying the denial of foreign exchange access was to encourage
local production, create jobs and cut down the undue pressure on the countrys almost depleted
foreign reserves.But industry watchers have said that the move by the apex bank will lead to
price increase of rice in the short- run since import substitution will take time. But they add that
the policy will also accelerate local production of the commodity and improve the lives of local
farmers in the long run.
6
Local production has seen significant increase in the past few years although it has been
insufficient in meeting the huge demand, Ibrahim Buwanhot, Head, Business Development,
Novus Agro, said in an email response to questions.These difficulties might result in slight
increase in the cost of importing rice. I expect that consumers will have to bear the brunt, this
will likely lead to increase in prices, he said.Buwanhot stated that increase in price of imported
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rice could inevitably result in an increase for locally produced long grain rice, where local
producers see significant increase in profits and are encouraged to produce more, he said.
Statistics from Federal Ministry of Agriculture and Rural Development shows that Africas
biggest economy consumes about five million metric tonnes of rice annually.Nigeria importers
imported 1.1 million metric tonnes of rice valued at N73.5 billion in H2 2014, according to data
from the Nigerian Customs Service. A Lagos based rice importer, who spoke to BusinessDay on
the ground of anonymity, said: By diverting demand away from interbank, the parallel market is
expected to increase as this will lead to increase in demand of dollars in this market. Thus spread
between open market and interbank is expected to increase.As imports substitution will take
time, cost of rice is expected to increase leading to higher inflation, the rice importer
adds. Analysts expect rice importers to experience some difficulties in adjusting to the
restrictions from forex.
It may also stoke inflation if importers are forced to pay more for dollars.The CBNs External
Sector Development Report for Q4 2014 shows that total sectoral utilisation of foreign exchange
increased by 28 per cent year-on-year to $17.5 billion. However, food products and agricultures
proportion of the total declined from 17 per cent to 15 per cent.The naira trades at N230 per
dollar in the black market as at the time of writing, showing 16 per cent above the official rate of
N197 per dollar.Nigerias rice import is expected to drop by 3.3 per cent to 2.9 million tonnes
this year, according to a report released in April by the Food and Agricultural Organisation
(FAO).
Fu said rice breeders have found it challenging to simultaneously improve grain yield and
quality.
Paris - Scientists said they had pinpointed variants of a gene to improve the quality and
yield of rice, a staple starch for billions of people.
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studies, told AFP.Fu said rice breeders have found it challenging to simultaneously improve
grain yield and quality.There is a genetic tradeoff in plant breeding, meaning that it is hard to
make gains in both areas at the same time.
Fu and a team crossed two rice varieties -- one a widely-grown but mediocre hybrid variety and
the other a better but less prolific type, to locate the genetic variant responsible for the difference
in quality.They then used this to develop experimental high-yield, better rice strains.A separate
team used similar methods to pinpoint variants of the same gene, called LOC_Os07g41200.The
two papers were published in the journal Nature Genetics
http://www.iol.co.za/scitech/science/news/experts-pinpoint-gene-for-better-rice1.1881949#.VZ0K6flViko
Hyderabad: Three persons were arrested and about 131 quintals of rice meant for Public Distribution
System (PDS) was seized from three illegal godowns during surprise raids conducted at Chandanagar,
Lingampally and Yacharam under Cyderabad limits by Special Operations Team (SOT) sleuths on
Tuesday.The accused persons identified as Vijay Singh, 42, and Evidar Sadhasiv, 26, of Chandanagar
were arrested and 110 bags each containing 50 kg of rice and two mini goods vehicle were seized from
their rented godown. Similarly, Ram Singh, 40, was arrested from Lingampally and 280 bags each
containing 25 kg or rice was seized from his possession.
In another raid, the sleuths arrested Kandhe Kumar, 30, from Yacharam and 12 bags each containing 50
kg of rice was seized. Acting on a tip-off, a special team under the supervision of Additional DCP, SOT,
E Ramachandra Reddy, raided the godowns and found the PDS rice illegally stocked.
Efforts are afoot to nab Jagan, who is absconding, Reddy said. After preliminary enquiry, it
was found that the accused used to purchase PDS rice for cheaper rates and would sell to rice
millers of other districts and wholesale brokers for higher rates with an intention to make easy
money. Cases were filed against them under Essential Commodities Act.
http://www.thehansindia.com/posts/index/2015-07-08/131-quintals-of-PDS-rice-seized-three-held162053
8
Product
Price
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Garlic
1
2100
2000
1800
4600
5100
3000
4560
1980
3080
Ginger
Source:agra-net
Market Watch
Commodity-wise, Market-wise Daily Price on 07-07-2015
Domestic Prices
Product
Market Center
Variety
Min Price
Max Price
Bonai (Orissa)
Other
2000
2200
Jhagadiya (Gujarat)
Other
1980
3050
Solapur (Maharashtra)
Other
2100
5440
Amirgadh (Gujarat)
Other
1300
1450
Gumla (Jharkhand)
Other
2000
2500
Bonai (Orissa)
Other
1450
1600
Rice
Wheat
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Pine Apple
1
Aroor (Kerala)
Other
2800
3000
Sirhind (Punjab)
Other
1500
2200
Nagpur (Maharashtra)
Other
1000
2400
Aroor (Kerala)
Other
2200
2400
Bargarh (Orissa)
Other
1100
1300
Gumla (Jharkhand)
Other
1800
2200
Brinjal
Source:agra-net
Egg
Rs per 100 No
Price on 07-07-2015
Product
Market Center
Price
Pune
350
Chittoor
353
Hyderabad
320
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
Onions Dry
High
Package: 40 lb cartons
Atlanta
Georgia
Yellow
24
26
Chicago
California
Yellow
32.50
32.50
Dallas
Mexico
Yellow
25
25
10
Cucumbers
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11
Atlanta
Canada
Long Seedless
Chicago
Canada
Long Seedless
10
Miami
Mexico
Long Seedless
12
13.50
Grapefruit
Atlanta
California
Red
26
27
Dallas
California
Red
24
24
Philadelphia
California
Red
22
22
Source:USDA
Maher added that participation in MyPlate promotions like this gives USA Rice a larger platform to
demonstrate the role of U.S.-grown rice in healthy diets for children and that having such high level of
support from MyPlate and Let's Move! is invaluable for rice. You can see Hamilton's full video, and
other winners on the MyPlate Video webpage.
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12
World Price
Milled Value
($/cwt)
Rough
($/cwt)
Rough ($/cwt)
Long Grain
14.59
9.45
0.00
Medium/Short Grain
14.21
9.57
0.00
Brokens
8.80
----
----
This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and
the corresponding loan rates:
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long Grain
57.21/12.55
6.64
Medium/Short Grain
61.89/8.83
6.51
12
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13
CME Group (Prelim): Closing Rough Rice Futures for July 8
Month
Price
Net Change
July 2015
$10.765
+ $0.120
September 2015
$11.010
+ $0.115
November 2015
$11.280
+ $0.110
January 2016
$11.550
+ $0.110
March 2016
$11.705
+ $0.065
May 2016
$11.710
+ $0.070
July 2016
$11.710
+ $0.070
13
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14
matter. They are contesting the MP growers' claim.When the matter came up for hearing in the
IPAB on Wednesday, P V Yogeswaran, counsel appearing for the association, informed the
Board that it has filed a petition to implead in the case to submit its arguments against allowing
the Geographical indication to Madhya Pradesh and said that he will not repeat the contentions
of the other parties.
The IPAB bench consisting of Chairman Justice K N Basha and Technical Member (Trade
Marks)Sanjeev Kumar Chaswal admitted the miscellaneous petition allowing the association to
implead in the matter, considering the undertaking. The matter has been posted on a later date for
final hearing.Sanjay Gandhi, the counsel appearing for New Darpan Social Welfare Society,
which argues in favour of a GI tag for basmati produced from Madhya Pradesh, opposed
allowing the impleading of the new party at this stage, stating that it would affect national
interest. The Patiala-based association, in its application to be impleaded, said that the test for
protection and right under the Act should not be for areas where basmati rice is cultivatable, but
for areas where the rice has been traditionally cultivated, considering its geographical origin and
it is traditionally cultivated in the area specified within the boundary of Pithoragarh
(Uttarakhand) in east, Firozepur (Punjab) in west, Chamba (Himachal Pradesh) in north and
Auraiya (Uttar Pradesh) in South.
The cultivation of basmati rice within the area specified have special quality from the peculiar
characteristics of soil and climate, and it is not possible to produce the same quality in any other
geographical area, it argues.Last year, the Agricultural and Processed Food Products Export
Development Authority (Apeda) has approached the IPAB against the order of Geographical
Indications (GI) Registry, asking them to amend its application for GI registration of basmati rice
to include the uncovered area, including certain area in Madhya Pradesh.Apeda has earlier
application for registration of basmati as GI in class 30 under the Geographical Indications of
Goods (Registration & Protection) Act, 1999, without including area in MP.The appeal was
against the order of assistant registrar of the GI Registry, issued on December 31, 2013, which
allowed the opposition by various parties, including the department of farmer welfare and
agriculture the development of MP, Madhya Kshetra Basmati Growers Association Samiti based
in Raisen district among others against the application of Apeda.
14
The dispute emerged as Apeda filed an application with the GI Registry to register the name
basmati for rice covering Punjab, Haryana, Delhi, Himachal Pradesh, Uttarakhand and a part of
Uttar Pradesh and Jammu and Kashmir, while not covering MP.The rice growers and producers
claimed the rice produced in MP, particularly Morena, Bhind, Gwalior, Sheopur, Datia, Shirpur,
Guna, Vidisha, Raiben, Sehore, Hoshangabad, Jabalpur and Narsinghpur, has the required
characteristics of rice variety mentioned in the application of Apeda.The Basmati Growers
Association from Pakistan, formed to protect Basmati's GI in Pakistan, also challenged the
APEDA's move in the IPAB claiming that " 'Basmati' is a name for a slender, aromatic and long
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15
grain variety of rice grown in the specific geographical area at the foothills of the Himalayas in
Pakistan."
Business Standard
7, 2015
Rice growers and consultants will be able to cross two meetings off their lists on one day: July
30.Mississippi State University and the Mississippi Farm Bureau Federation will sponsor a
summer meeting and field day at the MSU Delta Research and Extension Center in Stoneville,
Miss.
15
The Farm Bureau summer rice grower meeting will begin with lunch at noon in the Capps
Center, followed by a program at 1 p.m.The Rice Field Day will begin at 3:30 p.m. with a field
tour of research plots.Guest speakers for the meeting include Betsy Ward and Ben Mosley of the
USA Rice Federation.Field day topics include emerging herbicide technologies, rice disease
identification and management, insect management and the benefits of rice seed treatments,
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16
utilization and benefit of Side Inlet Max in Mississippi production systems, and a breeding
program update and potential releases on the horizon.
For more information on the Rice Field Day, contact Bobby Golden at 662-769-0274
orbgolden@drec.msstate.edu.
For more on the Farm Bureau meeting, contact Justin Ferguson at 601-720-4238
orjferguson@msfb.org.
http://deltafarmpress.com/rice/msu-farm-bureau-host-2015-rice-meetingfield-day
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17
17
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18
QUEZON CITY, July 9The Department of Agriculture said on Wednesday that with the support of its
Biotechnology Program, the Philippine Rice Research Institute is developing a fast, efficient and accurate
method to detect viruses in rice.This method aims to enable farmers know if their crops are in danger of
damage or loss even before any virus symptoms appear.Initiated in August 2012, the project is expected
to be completed within the year or early next year. The method is known as loop-mediated isothermal
amplification (LAMP) and its procedure is known to be user friendly and relatively faster that previous
biotechnological methods employed to detect rice viruses.
Conventionally, assessment of rice virus disease incidence is done by visually inspecting the plants for
symptoms, which happen when the disease is already prevalent. Conventional assessment is not very
reliable because symptoms are, in some cases, due to other factors such as nutrient or water deficiency.
Preliminary LAMP results have been very promising with the outcomes showing that rice viruses can be
detected a day after inoculation (DAI), strongly contrasting the three DAIs required for virus symptoms to
appear.
Many stakeholders are already waiting for the final results of the study which could mean reduced
misdiagnosis of rice diseases and timely delivery of pest management systems for farmers that would
eventually translate to the reduction of costs from misuse and expenditure of pesticides. (DA)
http://news.pia.gov.ph/article/view/3001436345349/philrice-develops-method-to-detect-infections-inrice-before-symptoms-appear#sthash.bJtTLgCl.dpuf
BANGKOK, July 8 (Bernama) -- The forecast of global rice trade in calendar year 2015 was
raised to 42 million tonnes, nearly 700 000 tonnes above April projections, according to the
United Nation's Food and Agriculture Organisation (FAO).However, the project was still some
800 000 tonnes short of the volume traded in 2014.A predicted contraction in exports will affect
mainly India and Vietnam, according to its second 2015 Rice Market Monitor Report
(RMM).Hiroyuki Konuma, FAO Assistant Director-General and Regional Representative for
Asia-Pacific, said due to increasing domestic needs and lower production in 2014, it was likely
that India's export market will tighten while stiff competition may see Vietnam's official
shipments slide as well.
18
"As a result, and notwithstanding the relatively poor production results, it is likely that Thailand
will regain its Number One export position in 2015, even though its exports remain steady at
around 10.9 million tonnes year-on-year," he said.While the global paddy production in 2015 is
forecast to recover slightly from 2014, a year also marked by 'climatic setbacks', Asia's three
major rice exporting countries, Thailand, India and Vietnam, are already stressed by a lack of
precipitation.BERNAMA
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http://www.bernama.com/bernama/v8/bu/newsbusiness.php?id=1151199
19
However, Tien Anh said these were only short-term measures."If there is no rain in the upstream
areas, the area of drought-hit rice crops will increase," he said.The provincial authority has set
aside VND23 billion (US$1.6 billion) to help the rice fields fight drought.They have also ordered
the lower authorities to guide farmers on thrifty watering" methods, which means watering a rice
field while leaving the adjacent one dry or alternating the watering.As the receding water table
makes way for the encroaching sea water, the provincial authority has instructed pumping
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20
stations to closely follow the tide schedule and to regularly check the level of salt in the
groundwater they pump to irrigate rice crops. VNS
20
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21
tuar arrival and release of stock from stockists also pushed down prices, according to sources.
*
21
FOODGRAINS
Available prices Previous close
Gram Auction
3,600-4,300
3,600-4,400
Gram Pink Auction
n.a.
2,100-2,600
Tuar Auction
6,200-7,230
6,200-7,320
Moong Auction
n.a.
6,000-6,400
Udid Auction
n.a.
4,300-4,500
Masoor Auction
n.a.
2,600-2,800
Gram Super Best Bold
5,800-6,000
5,800-6,000
Gram Super Best
n.a.
Gram Medium Best
5,600-5,700
5,600-5,700
Gram Dal Medium
n.a.
n.a.
Gram Mill Quality
5,150-5,350
5,150-5,350
Desi gram Raw
4,300-4,400
4,300-4,400
Gram Filter new
5,700-5,900
5,700-5,900
Gram Kabuli
5,600-7,100
5,600-7,100
Gram Pink
6,500-6,700
6,500-6,700
Tuar Fataka Best
10,000-10,200
10,000-10,200
Tuar Fataka Medium
9,700-9,900
9,700-9,900
Tuar Dal Best Phod
9,400-9,700
9,500-9,700
Tuar Dal Medium phod
8,800-9,300
8,800-9,500
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WEATHER (NAGPUR)
Maximum temp. 35.2 degree Celsius (95.5 degree Fahrenheit), minimum temp.
24.5 degree Celsius (76.1 degree Fahrenheit)
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http://www.nationmultimedia.com/business/Thailand-and-Malaysia-agree-on-$30-bn-trade-goal-b30263975.html
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24
Based on steady demand, increase in rice acreage and expectations of normal rainfall
NEW DELHI, JUNE 8:
24
After initial concerns arising out of reduced Kharif sowing, rice acreage increased by about one
per cent, as per data released by the Agriculture Ministry last week.While its still early in the
season, it is expected that last years output of 102.5 million tonnes (mt) will be matched if
rainfall continues to steady, particularly across eastern India. The Central Rice Research Institute
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25
expected transplantation of rice saplings to pick up over the first half of JulyBasmati rice exports,
as a result, are likely to register an increase of about 10 per cent over the 3.7 mt recorded during
the previous fiscal, according to the Agricultural and Processed Food Products Export
Development Authority (APEDA).
For the 2015-16 fiscal, we are projecting exports of at least 4 mt. Its the expected growth of the
product for which there is steady demand. So, one can expect around 10 per cent growth, said
AK Gupta, Director, Basmati Export Development Foundation, APEDA.As of April, there was a
shortfall in exports primarily because of Iran scaling back its imports due to surplus domestic
availability, a situation that Gupta said has stabilised now. The country had imported 0.9 mt in
2014-15, as compared to 1.44 mt in the earlier fiscal.Saudi Arabia became the top basmati export
destination last fiscal, importing 966,931 tonnes, worth $1,188 million.
There was a shortfall of about 10,000 tonnes as of April, but we expect this to pick up in the
next round of data that will be published by the Centre this month. Some of the Iran shortfall was
compensated by Saudi Arabia, said Rajen Sundaresan, Executive Director, All India Rice
Exporters Association.
Non-basmati
A combination of external factors should also help non-basmati 5 per cent parboiled and 100 per
cent broken parboiled varieties achieve higher sales abroad. Thailands situation due to its earlier
paddy pledging scheme has resulted in a massive glut of almost 18 mt, of which, six mt is unfit
for consumption.The quality of Thai rice is suspect, which will benefit India since theres good
quality white rice, parboiled rice and 100 per cent brokens. There are numerous varieties that
keep us competitive. We are flexible in pricing, so exports should remain steady unless the rupee
strengthens or theres Government intervention, said Tejinder Narang, a grains trade
analyst.Also, with Chinas demand rising by almost one mt each year, Indian exporters can
expect to cover the African and West Asian markets since Thailand and Vietnam service the
130-140 mt market.
(This article was published on July 8, 2015)
http://www.thehindubusinessline.com/industry-and-economy/agri-biz/basmati-exports-couldrise-by-10-apeda/article7400003.ece
ai farmers walk across a dried-out field in Bang Pla Ma district, Suphanburi province on July 2.
Thailand's vital rice belt is being battered by one of the worst droughts in living memory, forcing
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impoverished farmers deeper into debt and heaping fresh pain on an already weak economy.
(AFP photo)
The global rice harvest will increase less than
previously
estimated
because
of
a
strengthening El Nino, reducing stockpiles for
a second year, the United Nations said.Milled
output will reach 499.3 million tonnes this
year, compared with 499.9 million tonnes
forecast in April, the UN's Food &
Agriculture Organization said Wednesday.
That would be higher than a revised 494.7
million tonnes in 2014.Reserves carried into
2016 will drop to 169.4 million tonnes, 1.6
million tonnes less than estimated, as
consumption for food, feed and industrial use will increase to 507.2 million tonnes.Slower output
growth and smaller inventories may support Thailand's export price, an Asian benchmark, which
declined to a seven-year low in June. Prices fell as the top shipper started to auction record
inventories, accumulated under the previous government's rice-pledging scheme.El Nino may
parch crops in top suppliers including Thailand, India and Vietnam, the Rome-based FAO said in
its quarterly report.
"The revision mainly takes account of adverse weather conditions in several countries, in the
form of belated arrival and insufficient rainfall, often associated to the prevalence of an El Nino,"
the FAO said. The weather pattern may persist into next year, the agency said.The price of Thai
5% broken white rice dropped to US$373 a tonne in June, the lowest level since December 2007.
Futures in Chicago sank in May to $9.25 per 100 pounds, the lowest level since 2006.
Thai harvest
While Thailand may harvest 34.7 million tonnes this year, about 2 million tonnes below the
2009-2013 average, shipments are forecast to remain around 10.9 million tonnes, unchanged
from last year, the FAO said. Sales from state stockpiles, which are estimated at 10.6 million
tonnes, will help Thailand maintain the lead over other exporters.The forecast for shipments
from India was raised by 700,000 tonnes to 10 million tonnes and exports from Vietnam may
reach 6.3 million tonnes, according to the report.
Global rice trade is estimated at 42 million tonnes, about 700,000 tonnes above the April
forecast, the FAO said. That would still be 2% short of a record in 2014, it said.Inventories in
2016 will drop by 7.8 million tonnes, marking the second consecutive year of drawdowns after
nine years of uninterrupted accumulation, the FAO said. The stocks-to-use ratio is forecast to
drop to 32.8% in 2015-2016 from 34.9% the previous year, it said.
26
Bangkok Post
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