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Rice E-Newsletter
February 06 , 2015
V o l u m e 5, Issue I
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Month
Price
Net Change
March 2015
$10.450
+ $0.200
May 2015
$10.700
+ $0.195
July 2015
$10.940
+ $0.180
September 2015
$10.785
+ $0.160
November 2015
$10.900
+ $0.105
January 2016
$10.990
+ $0.105
March 2016
$10.990
+ $0.105
The Arkansas rice crop in 2014 was one for the record books,
although not always in a good way. Growers Ive spoken with
that have grown rice for 30 or 40 years all say they never
experienced a year like 2014, says Jarrod Hardke, Arkansas
Extension rice agronomist. That was really bolstered when
you look at the month of July the coldest average
temperature on record for that month. The whole season really trended towards being the coolest
ever.Besides the cool weather, 2014 was tough on rice growers because of the timing of the wind
and rain events. It meant a lot of workarounds.Even so, when it came to seasons end, most people
were pretty happy with their crops. There were plenty of growers who said it was their best crop even
though they had to work a lot harder for it.
A lot of our rice yield is set by pre-flood nitrogen. With the wind and rain, that was out of sync in
many fields. It was hard to get those applications out at the proper time on dry ground. Those delays
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Chan Muyhong
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The Arkansas rice crop in 2014 was one for the record books, although not always in a good way.
Growers Ive spoken with that have grown rice for 30 or 40 years all say they never experienced a
year like 2014, says Jarrod Hardke, Arkansas Extension rice agronomist. That was really bolstered
when you look at the month of July the coldest average temperature on record for that month. The
whole season really trended towards being the coolest ever.
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http://english.vietnamnet.vn/fms/business/122658/vinafood-2-ridiculed-for-its-plan-to-buy-paddy-fromfarmers.html
Thai rice exporters are projecting shipments of just 10 million tonnes this year, mainly due to
high prices for Thai grains. The amount is much lower than the previous forecasts of the
Commerce Ministry and the US Department of Agriculture (USDA), Charoen Laothammatas,
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The Finance Ministry is about to issue laws to take over debt incurred from the Yingluck
Shinawatra government's rice-pledging schemes to make the balance sheet of the state-owned
Bank for Agriculture and Agricultural Cooperatives (BAAC) more flexible for business
expansion. Taking debt from the rice-pledging scheme off the BAAC's balance sheet will allow
the farm bank to run without worries over the massive debt, a Finance Ministry source said
yesterday.
The subcommittee overseeing accounting of all rice-subsidy schemes earlier estimated losses
from buying 84 million tonnes of milled rice in the 15 schemes from 2004-14 amounted to 682
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(Reuters) - Thailand will experience its worst drought in more than a decade this year, the irrigation
department said on Thursday, damaging crops in one of the world's biggest rice-exporting
nations.Thailand was currently battling drought in eight of 76 provinces, but 31 other provinces
remained at risk, the Interior Ministry said, adding that it had allocated around 6.8 billion baht
($208.65 million) to alleviate drought, up from 430 million baht ($13.19 million) last year.The funds
would be used to install water pumps and provide mobile water tanks in affected areas, it said.
"This year's water levels are the worst in 15 years but we have managed our water supply so people
can be confident that there will be no problems regarding water shortages," said Lertwiroj
Kowattana, director-general of the Royal Irrigation Department.Drought will cut major rice exporter
Thailand's 2015 off-season crop by over 30 percent, according to the latest report from the Office of
Agricultural Economics.Thailand's off-season rice is grown between November and April after the
main crop is harvested. The second crop needs irrigation as there is little rain during that period.
The government had announced that it would not provide water for second-crop rice farming. On
Thursday, it said it had persuaded farmers to halve second-crop production in 2015.Around 160,000
hectares, or around 1.3 percent of Thailand's total rice farm land, will be affected by drought, the
Agriculture Ministry estimates.Palm oil production has also been hit by ongoing drought prompting
the government to import around 50,000 tonnes of crude palm oil due to a domestic
shortage.Thailand's military government has said it plans to invest $7.5 billion in urgent water
management projects over the next two years.
The projects are part of a 10-year water management plan across the country after the military
government scrapped a 350-billion baht water plan initiated by the previous
administration.(Reporting By Kaweewit Kaewjinda, Pracha Hariraksapitak and Panarat
Thepgumpanat; Editing by Amy Sawitta Lefevre and Nick Macfie)
http://www.reuters.com/article/2015/02/05/us-thailand-drought-idUSKBN0L917F20150205
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