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Rice e-Newsletter
www.ricepluss.com
www.riceplusmagazine.blogspot.com
May 26 ,2015
Vol 5,Issue V
http://www.thisdaylive.com/articles/5-year-import-ban-on-rice-could-earn-nigeria-2-6bn-annually/210134/
MANILA The National Food Authority (NFA) said commercial rice prices may likely increase
by P1-P2 per kilo in the lean months starting July.NFA administrator Renan Dalisay said the
agency is implementing strategies to prevent this traditional upward price adjustment by boosting
rice stock or supply through the importation of 250,000 metric tons of rice.Dalisay said he does
not expect prices to go up once there is enough buffer supply.
The NFA is also getting ready for the potential delay in the harvest for the last quarter palay
stock by utilizing the minimum access volume importation by the private sector.Dalisay said
even if only half of the 805,000 metric ton allocation under the minimum access volume is met,
the country will have more than enough rice supply to temper the projected price spikes due to
the delay in harvest.
http://www.abs-cbnnews.com/business/05/26/15/nfa-sees-price-spike-commercial-rice-july
MANILA - The Philippines' National Food Authority (NFA) has invited Vietnam, Thailand and
Cambodia to a June 5 tender for the supply of 250,000 tonnes of rice, a spokesman for the state
grains procurement agency said on Monday.The country is seeking offers from the governments
of its three neighbours for the supply of the 25-percent broken variety of rice to boost its buffer
stocks ahead of the lean harvest season that begins in July.President Benigno Aquino has also
given the NFA permission to import a further 250,000 tonnes later this year should the droughtinducing El Nino weather phenomenon intensify and damage more crops.
http://www.abs-cbnnews.com/business/05/25/15/ph-sets-june-5-250000-t-rice-import-tender
THE Philippines rice imports could reach as much as 2.1 million metric tons (MT) this year, the
biggest volume under the Aquino Administration and roughly the same level as in the 2008
global rice crisis, once the government approves the terms of a new trade concession with the
World Trade Organization (WTO).But Presidential Assistant on Food Security and
Modernization (PAFSAM) Secretary Francis Pangilinan, who is also the chairman of the
National Food Authority (NFA) Council, said that the government has yet to finalize the terms of
the new trade concession.
The new concession under the so-called minimum access volume (MAV) gives other rice
producing nations market access to about 805,200 MT of rice that the Philippines imports
annually.The new trade commitment was supposed to take effect last year.With the approved
rice imports by the government now hitting 1.3 million MT, the additional volume under the socalled MAV could send the total Philippines rice imports to 2.1 million MT this year.The
MAV decision is still being finalized, Pangilinan said when asked if the NFA had already
adopted the approved MAV on rice.
Special treatment in WTO
Rice is a commodity that has direct linkages to food security, livelihood security and the rural
development needs of millions in developing countries like the Philippines.At present, rice is the
only commodity in the Philippines that enjoys special treatment in the WTO, which excluded the
same from agriculture liberalization.
HANOI - Vietnam is aiming to develop a Vietnamese rice brand that would become the world's
leading rice by 2030, according to a project approved by Prime Minister Nguyen Tan Dung last
week.The project, to develop a Vietnamese rice brand by 2020 with vision to 2030, seeks to
improve the image recognition of Vietnamese rice and its competitiveness, as well as expanding
market share in the world market and developing a national rice brand, in line with Vietnams
history, culture and tradition.
The strategy to develop a national brand for rice would focus on two issues: identifying qualityconscious markets, such as the US, EU and Japan to export high-quality varieties, and retaining
traditional markets with medium-quality rice.Specifically, by 2030, 50 per cent of the nations
rice is to be exported under Vietnamese brands.The national rice brand would be protected in
Vietnam and at least 50 other countries by 2020. Also, regional rice brand names would be
developed and protected, based upon distributing products that are typical to a region.
Five key sub-projects to be implemented within the framework includes building and managing a
national rice brand name; developing a national rice brand name for major rice products of Cuu
Long (Mekong) Delta region; protecting brand and supporting firms in registering for brand
protection; promoting Vietnamese rice brands, and boosting exports and expanding markets.The
project highlighted the role of enterprises in building and developing Vietnamese rice brand
HANOI May 26 (Reuters) - Vietnam has harvested an estimated 13.5 million tonnes of winterspring paddy from its southern region, incorporating the Mekong Delta food basket, nearly
unchanged from last year, the Agriculture Ministry said on Tuesday.Production eased slightly
from 13.56 million tonnes harvested in a similar crop in 2014 due to lower yields, the ministry
said in a monthly report. The Mekong Delta produces 90 percent of Vietnam's rice exports.Stable
output while rice shipments from Vietnam, the world's third-largest exporter of the grain after
India and Thailand, have dropped around 11 percent so far this year could keep downward
pressure on export prices in coming months. (Reporting by Ho Binh Minh; Editing by Joseph
Radford)
http://af.reuters.com/article/commoditiesNews/idAFL3N0YH18R20150526
Vietnam's rice exports have struggled to compete with cheaper shipments from Thailand in the
first four months of 2015 as the Thai government has sought to offload inventories at highly
discounted prices.As a result, a representative of the Vietnam Food Association (VFA) said the
country's exports to highly price sensitive markets such as those in Africa could fall by as much
as 60% from the figures in 2014.Lower exports are resulting in more rice remaining in
Vietnamese miller's and farmers inventories, piling pressure on already-bulging storage and
raising the spectre of grainspoiling in temporary silos.
The Thai government began executing a subsidized scheme earlier this year in which it plans to
sell 10 million tonnes of broken rice in 2015 and an additional seven million tonnes in 2016 at
prices substantially below market prices.As one example, the Thai government in March sold 5%
Cambodia has been invited by the Philippines to bid for a 250,000 tonne rice tender in June to
boost the latters rice buffer stock during the lean months of July to September.Philippines
National Food Authority has been tasked with issuing a tender in June for the import of 25 per
cent broken rice via a government-to-government deal, with delivery expected to be betweenJuly
and August. Vietnam, Thailand and Cambodia are eligible for this tender as they already have
import contracts with the Philippines.Song Saran, chairman of Amru Rice (Cambodia),
confirmed the invitation to bid for the Filipino rice tender but said that the Kingdom was not
ready to partake in the bidding currently.
In my opinion, Cambodia cannot join the tender this year. Cambodia needs at least two years to
have enough capacity to compete and supply to the Philippines, he said.He said several pressing
issues, like the lack of paddy rice stock, high production costs and transportation fees, need to be
addressed before Cambodia can make a competitive bid.The Philippines demand is for supply
of a big volume in a short period, he said. Cambodia does not have enough paddy rice to mill
and export to the Philippines.
Mikhail Myatlikov
ISLAMABAD, 25 May (BelTA) - Belarus and Pakistan signed contracts worth $42 million on
the first day of a visit of a Belarusian business delegation to Islamabad, BelTA has learned. On
25 May the Pakistani capital is hosting the Pakistan-Belarusian business and investment forum.
On behalf of Belarus the forum is attended by representatives of 25 companies working in the
field of oil refining, agriculture, engineering, medicine, chemicals, light industry, and also
commercial enterprises. On behalf of Pakistan the forum is attended by representatives of 60
companies.The Belarusian President's upcoming visit to Pakistan has already given an impetus to
the development of bilateral relations, as can be seen by the documents which have been signed
already, Chairman of the Belarusian Chamber of Commerce and Industry Mikhail Myatlikov
told reporters.
We wanted to bring business, introduce Belarusian companies who are here for the first time to
partners in Pakistan, Mikhail Myatlikov said.For the past eight years, the volume of BelarusPakistan trade has hovered around $50-120 million per year. Pakistan is one of the key markets
for Belarusian tractors outside the CIS. Annual supplies make up 3,000-4,000 units.Mikhail
Myatlikov expressed confidence that the range of engineering products in Pakistan will be
expanded because the Belarusian delegation in Islamabad includes heads of the companies
producing the full range of attachments for tractors and agricultural machinery, which can be in
demand in the local market.In addition to tractors Belarus' major exports to Pakistan also include
potash fertilizers, synthetic fibers, and tires. From Pakistan Belarus imports rice, fruit, food,
leather and textile.Talks between representatives of the business communities of Belarus and
Pakistan will continue on 26 May at the Chamber of Commerce and Industry. Tomorrow will
bring new results, Mikhail Myatlikov said.
http://eng.belta.by/all_news/economics/Belarus-Pakistan-sign-contracts-worth-42m_i_82006.html
WASHINGTON, DC -- Ninety-three percent of the nation's 2015 rice acreage is planted, according to today's U.S.
State
May 17,
2015
May 24,
2015
2010-2014
average
Percent
Arkansas
94
89
92
92
California
88
90
98
84
Louisiana
99
98
99
99
Mississippi
90
93
94
90
Missouri
94
75
78
90
Texas
98
79
84
98
Six States
94
89
93
92
Month
Price
Net Change
July 2015
$9.420
- $0.010
September 2015
$9.695
- $0.010
November 2015
$9.950
- $0.010
$10.210
- $0.010
March 2016
$10.275
- $0.010
May 2016
$10.275
- $0.010
July 2016
$10.275
- $0.010
WATER REMAINS on portions of a soybean field at the South Farm of the LSU AgCenter Rice
Research Station in Crowley. Frequent heavy rains have created potential problems for some
areas of soybean production in Louisiana, and saturated ground over much of the state is creating
drainage problems for row crops. (LSU AgCenter photo by Bruce Schultz)
Arkansas
Extension's
Jarrod
Hardke, rice agronomist, and
Scott Stiles, economist, have
written a report on the current
condition of the state's rice.
Among their findings:"Progress
slowed over the past week with
the return of wet weather. Private
estimates now peg Arkansas rice
acres at 1.425 million, down from
1.441 forecast by USDA in March (and 1.45 by me at the same point). Given conditions and the
current outlook somewhere at 1.3-1.4 million acres looks about right for a final planted
acreage. There are no certainties at this point and those final reported acreage estimates are still a
long way off."
Read the full report.
http://deltafarmpress.com/rice/rice-update-planting-progress-armyworms-dd50-sign
Science in ag
Brian Prchal, left, describes how the biodiesel engine he created compares to regular diesel in a
one-cylinder engine April 24 in Montgomery, Minn., as Anna Prchal and Tyler Fromm watch.
The students are participating in 4-H Science of Agriculture Challenge through the University of
Minnesota Extension Service.
Posted: Wednesday, May 27, 2015 1:00 am
By NANCY MADSEN, The Free Press
Product
Market Center
Variety
Min Price
Max Price
Bargarh (Orissa)
Other
2100
2300
Dhing (Assam)
Fine
2800
3100
Taliamura (Tripura)
Other
2500
2700
Amirgadh (Gujarat)
Other
1250
1755
Bonai (Orissa)
Other
1450
1600
Rudrapur(Uttrakhand)
Other
1450
1511
Aroor (Kerala)
Other
3400
3600
Sirhind(Punjab)
Other
3000
4200
Mechua(West Bengal)
Other
2500
3100
Aroor (Kerala)
Other
2600
2800
Bonai (Orissa)
Other
2000
2000
Shillong(Maharashtra)
Other
1000
1300
Rice
Wheat
Mousambi
Cabbage
Source:agra-net
Rs per 100 No
Price on 25-05-2015
Product
Market Center
Price
Ahmedabad
306
Mysore
345
Hyderabad
281
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
High
Package: 40 lb cartons
Potatoes
1
Atlanta
Georgia
Yellow
19
20
Chicago
Mexico
Yellow
23
26
Dallas
Peru
Yellow
25
25
Cucumbers
Atlanta
Canada
Long Seedless
8.50
9.50
Dallas
California
Long Seedless
12.50
13
Detroit
Canada
Long Seedless
10
Apples
Atlanta
Virginia
Red Delicious
16
16
Chicago
Washington
Red Delicious
12
14
Detroit
Washington
Red Delicious
19
20.50
Source:USDA