12th june (friday),2014 daily exclusive oryza e rice newsletter by riceplus magazine

1 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine |

www.ricepluss.com & www.riceplus.blogspot.com

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June 12 ,2015




Global Rice Quotes

June 12th, 2015

Long grain white rice - high quality

Thailand 100% B grade 365-375 ↔

Vietnam 5% broken 350-360 ↔

India 5% broken 375-385 ↔

Pakistan 5% broken 380-390 ↔

Myanmar 5% broken 415-425 ↔

Cambodia 5% broken 430-440 ↔

U.S. 4% broken 465-475 ↔

Uruguay 5% broken 565-575 ↔

Argentina 5% broken 555-565 ↔

Long grain white rice - low quality

Thailand 25% broken 340-350 ↔


Pakistan 25% broken 345-355 ↑

Cambodia 25% broken 410-420 ↔

India 25% broken 360-370 ↔

U.S. 15% broken 455-465 ↔

Long grain parboiled rice

Thailand parboiled 100% stxd 360-370 ↔




Pakistan parboiled 5% broken stxd 410-420 ↔

India parboiled 5% broken stxd 355-365 ↔

U.S. parboiled 4% broken 555-565 ↔

Brazil parboiled 5% broken 570-580 ↔

Uruguay parboiled 5% broken NQ ↔

Long grain fragrant rice

Thailand Hommali 92% 840-850 ↔

Vietnam Jasmine 475-485 ↔

India basmati 2% broken NQ ↔

Pakistan basmati 2% broken NQ ↔

Cambodia Phka Mails 820-830 ↔

Brokens

Thailand A1 Super 315-325 ↔


Pakistan 100% broken stxd 295-305 ↔

Cambodia A1 Super 350-360 ↔

India 100% broken stxd 280-290 ↔

Egypt medium grain brokens NQ ↔

U.S. pet food 365-375 ↔

Brazil half grain NQ ↔

All prices USD per ton, FOB vessel, oryza.com




Italian Paddy Quotes Show Mixed Trends as

on June 9, 2015

Jun 11, 2015

quotes showed diverse trends as on June 9, 2015, with prices of Japonica varieties increasing and

Indica prices declining or remaining stable compared to quotations on May 26, 2015. Since June

2 was a public holiday, no quotations were available as on that date. Italy's paddy market is still

buying Japonica varieties from the 2014 crop (September - August). Nearly 90% of the 2014

crop has been sold out and about 141,970 tons of the last year's crop are still available.

Below are the paddy quotations supplied by Milan Grain Exchange, farm gate quotes, as of June

9, 2015:

Arborio-Volano paddy was shown at 870-900 euros (about $ 982-1,016) per ton. In three weeks

the quotations increased 17%. On May 26 this variety were out at 790-820 euros (about $ 891-

925) per ton.

Balilla, Centauro and similar varieties paddy prices are firm at 415-430 euros (about $ 468-485)

per ton, unchanged from the prior weeks.

Lido, Crono, Flipper and similar paddy varieties are shown at 325-340 euros (about $ 366-383)

per ton, unchanged from May 26.

Padano-Argo was not quoted on May 26 since there is almost no more availability. Vialone Nano

grew to 810-860 euros (about $ 914-970) per ton, from 770-820 euros (about $ 869-925) per ton

of May 26.

Thaibonnet and similar Indica varieties are out at 330-340 euros (about $ 372-383) unchanged

from the prior weeks.

Sant'Andrea quoted 525-575 euros (about $ 592-649) per ton, unchanged from May 26.

Carnaroli went up to 870-900 euros (about $ 982-1,016) per ton, from 790-820 euros (about $

891-925) per ton on May 26.




Baldo paddy prices furtherly went down to 490-540 euros (about $ 553-609) per ton, from 510-

560 euros (about $ 575-632) per ton on May 26.

Roma grew at 625-655 euros (about $ 705-739) per ton from 575-605 euros (about $ 649-683)

per ton on May 26.

Selenio was shown at 405-430 euros (about $ 457-485), unchanged from the prior weeks.

Augusto went slightly down to 345-360 euros (about $ 447-464) per ton, from 355-370 euros

(about $ 400-417) per ton on May 26.

Loto and Nembo quoted as Augusto at 345-360 euros (about $ 447-464) per ton, down from 355-

370 euros (about $ 400-417) per ton on May 26.

Luna Cl, Dardo and similars quoted 320-340 euros (about $ 361-383) per ton, unchanged from

May 26.

Oryza Afternoon Recap - Chicago Rough

Rice Futures Dragged Down as Bearish

Wheat S&D Report Sends Grain Complex

Lower

Jun 11, 2015

Chicago rough rice futures for Jul delivery settled 7.5 cents per cwt (about $2 per ton) lower at

$9.795 per cwt (about $216 per ton). Rough rice futures continued lower as the market continues

to pull back from overhead resistance and continues within its sideways $9.500-$10.000 per cwt

(about $209-$220 per ton) trading range. The market outlook will remain neutral until either of

these levels is broken and a new trend confirmed. The other grains continued lower once again

led by a sharp decline in wheat prices; Soybeans closed about 15% lower at $9.4000 per bushel;

wheat finished about 1.8% lower at $5.0425 per bushel, and corn finished the day about 0.2%

lower at $3.5650 per bushel.

U.S. stocks traded slightly higher on Thursday as investors cheered a good retail sales report

while remaining cautious following mixed news on the Greece debt talks. In mid-morning trade




the International Monetary Fund spokesman said there were "major differences" with Greece on

aid negotiations and that the IMF team has left Brussels, where the talks were held, Reuters said.

European stocks also pared gains from earlier hopes of a Greece deal, with the DAX closing

0.6% higher after earlier gaining 1.5%. The ATHEX Composite ended 8.16% higher. European

officials said there was a "good chance" of a deal ahead of the euro group meeting next week.

Greece's Prime Minister, Alexis Tsipras, and European Commission President Jean-Claude

Juncker ended talks on the debt negotiations without coming to a resolution.

A European Union diplomat told Reuters the discussion was a "last attempt" to reach a deal,

while Dow Jones reported that Juncker said in a statement that he held an "important, friendly

and constructive meeting" with Tsipras. Analysts remained optimistic that Greece would come to

a deal with its creditors. The Dow Jones Industrial Average traded up 59 points, or 0.33%, at

18,060. The S&P 500 traded up 4 points, or 0.22%, at 2,109, with telecommunications leading

eight sectors higher and energy the greatest laggard. The Nasdaq traded up 3 points, or 0.07%, at

5,080. Gold is trading about 0.6% lower, crude oil is seen trading about 1.2% lower, and the U.S.

dollar is seen trading about 0.6% higher at about 1:00pm Chicago time.Wednesday, there were

1,048 contracts traded, up from 948 contracts traded on Tuesday. Open interest – the number of

contracts outstanding – on Wednesday decreased by 2 contracts to 12,032.

High-Interest Loans Deter Rice Export

Growth, Says National Bank Official




Jun 11, 2015

High-interest loans offered by banks have been reducing funding opportunities for rice millers

and are consequently deterring export growth in the country, according to the Director-General

(DG) of the National Bank of Cambodia.Addressing an investment luncheon in Phnom Penh, the

DG told local sources that this inability of millers to raise finances is contributing to the

exporters' failure to meet the export goal of one million tons in 2015.

“A lot of our rice millers face difficulties in getting loans from the banks because the banks ask

the millers to use their land as collateral,” she said. “But the millers say they don’t have land to

use as collateral because they just rent or lease it,” she added.She also noted that millers need

money to buy paddy from farmers, process it and to buy rice milling equipment and for their

maintenance, most of the times, exporters delay payments to millers. Therefore, banks usually

consider lending to millers as a risky proposition.

Even the members of the Cambodia Rice Federation (CRF) have been urging the government to

take requisite measure to increase loan availability options to millers as well as improve rice

milling infrastructure to ensure speedy deliveries to exporters.Cambodia exported about 243,025

tons of rice in the first five months of 2015 (January - May 2015), up about 64% from about

148,262 tons rice exported in the same period last year according to the Secretariat of One

Window Service for Rice Export. Cambodia has exported about 387,100 tons of rice in

2014.USDA estimates Cambodia to export 1.2 million tons of rice (including official and

unofficial exports to Vietnam and Thailand through borders) in 2015, up about 9% from an

estimated 1.1 million tons in 2014.

Oryza U.S. Rough Rice Recap - Prices Dip

Slightly after USDA Increases Old and New

Crop Carry-over; Export Sales Continue to

Struggle

Jun 11, 2015

The U.S. cash market was slightly weaker today after the USDA increased their old crop ending

stocks estimated by 0.5 million cwts (22,680 tons) and their new crop ending stocks estimate by




1.0 million cwts (45,359 tons) both on account of increased imports.Analysts continue to stress

that prices will likely remain depressed until there is a significant increase in export demand

however even at the levels we see today exporters are still struggling to make sales, which has

been evident in the last weeks of USDA export sales figures.

The USDA reported that cumulative net export sales for the week ending on June 4th

, totaled

36,400 tons, which was 7% higher than last week and 8% higher than the prior 4-week

average.Increases were reported for the following destinations including: 9,700 tons to Panama,

7,100 tons to Haiti, 6,000 tons to Haiti, 3,200 tons to Mexico, and 2,700 tons to tons Canada.U.S.

rice exporters shipped 102,700 tons, which was 80% higher than last week and 56% higher than

the prior 4-week average. The primary destinations included: 34,100 tons to Colombia, 28,300

tons to Mexico, 17,600 tons to Haiti, 9,000 tons to Honduras, and 4,100 tons to Canada.

Pakistan Exporters Plan to Boost Rice Sales

to Iran

Jun 11, 2015

Pakistan rice exporters are planning to increase

rice exports to Iran as part of efforts to meet

the export target of 3.5 million tons this year,

according to Reuters.Reuters quoted a

Pakistan-based rice analyst as saying that the

production this year may reach 6.5 million

tons but the export demand is waning due to

declining rice prices. Therefore lower exports

are expected in 2015, he said."Iran can be

good partner of Pakistani rice and trade can be

increased. But there are few difficulties of the

embargoes," he was quoted as saying. He

noted that there already exists a border trade between Pakistan and Iran for rice under which local

merchants usually export through borders. However, a nuclear deal would help all the merchants to

expand their business to Iran.Iran is currently trying to overcome differences with the six super powers

over the self-imposed June 30 deadline to reach a deal over its disputed nuclear program.




The Middle East nation, which is the largest buyer of basmati rice, imposed a temporary ban on

rice imports in November 2014 and still there is no clarity as to when it would end the

ban.Pakistan has exported around 3.45 million tons of rice (around 428,051 tons of basmati and

around 3.02 million tons of non-basmati) in the first ten months of FY 2014-15 (July 2014 - June

2015), up about 6% from around 3.25 million tons (around 601,273 tons of basmati and around

2.71 million tons of non-basmati) exported during the same period in FY 2013-14.

ABARES Estimates Australia 2014-15 Paddy

Rice Production at 720,000 Tons, Down 11%

from Last Year

Jun 11, 2015




Australia's paddy rice production in MY 2014-15 (April 2014 - March 2015) is estimated to

decline to around 720,000 tons (around 517,680 tons, basis milled), down about 11% from an

estimated 808,988 tons (around 582,471 tons, basis milled) in MY 2013-14, according to data

from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).In

its June crop outlook report, the ABARES attributes the decline in paddy rice production to a 5%

y/y decline in planting area to around 70,000 hectares reflecting reduced supplies of irrigation

water in the main rice producing region of New South Wales as well as a 7% y/y decline in

average yield to around 10.29 tons per hectare.

Total summer crop production is estimated to have declined by 4% in 2014–15 to 3.8 million

tonnes, due to decline in production of cotton and rice. The area planted to summer crops

declined by 9% to around 1 million hectares.The weather report issued by the Bureau of

Meteorology (BOM) on 28 May 2015 suggests an average winter rainfall in the cropping regions

of Victoria and South Australia and above average rainfall in the cropping regions of Western

Australia. However, it is likely there will be below average winter rainfall in the cropping

regions in southern Queensland and most of New South Wales.The BOM expects decreased

winter spring rainfall over southern and central Australia due to an impending El Nino weather

pattern in the Pacific Ocean.

Oryza Overnight Recap – Chicago Rough

Rice Futures Remain Under Pressure as

Exports Continue to Lag

Jun 11, 2015

Chicago rough rice futures for Jul delivery are currently seen trading 10.5 cents per cwt (about

$2 per ton) lower at $9.765 per cwt (about $215 per ton) during early floor trading in

Chicago. The other grains are seen trading lower; soybeans are currently seen trading about 0.5%

lower, wheat is listed about 1.7% lower and corn is currently noted about even.U.S. stocks

opened higher on Thursday as a good retail sales report and optimism on Greece encouraged

investors. Greece's Prime Minister, Alexis Tsipras, held late-night talks with German and French

leaders and agreed to step up talks with international creditors in order to avert a debt default.

Retail sales for May showed an increase of 1.2%, with the ex-autos figure up 1%.




April retail sales were revised upward to 0.2% from flat. Weekly jobless claims totaled 279,000,

slightly above expectations. Investors also looked ahead to next week's U.S. Federal Reserve

meeting, which is not expected to change the consensus view for a September rate hike. U.S.

stocks bounced on Wednesday, closing more than 1% higher amid some encouraging signs on

talks between Greece and its creditors on a cash-for-reform deal. The Dow Jones Industrial

Average opened up 60 points, or 0.33%, at 18,060. The S&P 500 opened up 7 points, or 0.32%,

at 2,112, with utilities leading all 10 sectors higher. The Nasdaq opened up 19 points, or 0.37%,

at 5,095. Gold is currently trading about 0.5% lower, crude oil is seen trading about 0.6%

lower, and the U.S. dollar is currently trading about 0.7% higher at8:45am Chicago time.

Pakistan Targets to Produce 6.9 Million Tons

of Milled Rice in 2015-16, Says SUPARCO-

FAO Report

Jun 11, 2015




In the May Crop Monitoring System Bulletin, the National Space Agency of Pakistan

(SUPARCO) and UN’s Food and Agriculture Organization (FAO) reports that the Federal

Committee on Agriculture (FCA) has fixed the 2015- 16 (July - June) milled rice production

target at around 6.9 million tons (around 10.21 million tons, basis paddy) from around 2.8

million hectares. It is targeting an yield of around 2.434 tons per hectare in 2015-16.The rice is

majorly grown in Punjab, Sindh, KP and Balochistan provinces. Usually rice nurseries are sown

in May. While transplanting of the IRRI rice is carried out during June-July, transplanting of

basmati is carried out in July-August, says the report.

Eaarlier, in March, the SUPARCO and FAO have estimated Pakistan FY 2014-15 (July - June)

paddy rice production to decline about 19% to around 8.437 million tons (around 5.65 million

tons, basis milled) from around 10.04 million tons (around 6.72 million tons, basis milled)

produced last year. They have estimated FY 2014-15 paddy rice acreage at around 3.285 million

hectares and yield at around 2.568 tons per hectare.The decline is attributed to floods that hit the

Punjab state in the month of August 2014 having damaged around 116,700 hectares of paddy

fields. Over 217,000 tons of paddy is said to be lost in the Punjab state. The government of

Punjab reportedly announced a compensation of Rs.16 billion (around $159 million) to the flood-

affected communities.USDA estimates Pakistan's MY 2014-15 (November - October) milled rice

production to increase about 3% to around 6.9 million tons (around 10.35 million tons, basis

paddy) from around 6.7 million tons (around 10.05 million tons, basis paddy) in MY 2013-14.

Pakistan Rice Sellers Lower Some of Their

Quotes Today; Other Asia Rice Quotes

Unchanged

Jun 11, 2015

Pakistan rice sellers lowered their quotes for 5% broken rice and 25% broken rice by about $5

per ton and $15 per ton to around $380 - $390 per ton and $335-$345 per ton, respectively,

today. Other Asia rice sellers kept their quotes mostly unchanged.

5% Broken Rice




Thailand 5% rice is indicated at around $355 - $365 per ton, about $5 per ton premium on

Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $375

- $385 per ton, about $5 per ton discount to Pakistan 5% rice shown at around $380 - $390 per

ton, down about $5 per ton from yesterday.

25% Broken Rice

Thailand 25% rice is shown at around $340 - $350 per ton, about a $10 per ton premium on

Vietnam 25% rice shown at around $330- $340 per ton. India 25% rice is indicated at around

$360 - $370, about $25 per ton premium on Pakistan 25% rice shown at around $335 - $345 per

ton, down about a $15 per ton from yesterday.

Parboiled Rice

Thailand parboiled rice is indicated at around $360 - $370 per ton. India parboiled rice is

indicated at around $355 - $365 per ton, about a $55 per ton discount to Pakistan parboiled rice

shown at around $410 - $420 per ton.

100% Broken Rice

Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, on par with Vietnam

100% broken rice shown at around $315 - $325 per ton. India's 100% broken rice is shown at

around $280 - $290 per ton, about a $15 per ton discount to Pakistan broken sortexed rice shown

at around $295 - $305 per ton.

Philippines Lowers Forecasts for 2015

Second Quarter Paddy Output

Jun 11, 2015




The Philippines Statistics Authority (PSA) forecasts Philippines's 2015 second quarter (April -

June) production to decline by about 4.3% to around 3.898 million tons from last year's 4.073

million tons and about 0.1% from its April forecast of around 3.902 million tons due to a decline

in harvest area prompted by dry spell and insufficient water supply as well as incidence of pests

and diseases in some rice growing areas.The PSA estimates the harvest area to decline to around

910,000 hectares from around 920,000 hectares last year. It however estimates the yield to

increase to around 4.27 tons per hectare from around 4.25 tons per hectare.

Harvesting of the 2015 standing crop is in about 630,000 hectares is complete, and planting is

complete in about 124,000 hectares of the next crop, according to the PSA.

Last month, the PSA forecasted paddy production in the first half of 2015 (January - June) at

around 8.27 million tons, down about 1.32% from around 8.38 million tons last year.The NFA

has decided to import 650,000 tons of rice (200,000 tons from Thailand and 450,000 tons from




Vietnam) under government-to-government deals in 2015 to ensure adequate stocks in the lean

season (June – September). It is further planning to import 805,200 tons of rice through private

importers under the WTO minimum access volume (MAV) rule.

It imported more than 1.8 million tons of rice (including 1.5 million tons of 2014 imports and

300,000 tons of 2013 residual imports) in 2014 to replenish rice stocks and control price

hikes.USDA estimates Philippines MY 2014-15 (July - June) paddy rice production at around

19.365 million tons (around 12.2 million tons, basis milled), up about 3% from around 18.822

million tons (around 11.86 million tons, basis milled) produced in the previous year. It estimates

the Philippines to import 1.7 million tons of rice in 2015.

USDA Forecasts Higher All Rice Beginning

Stocks, Exports and Imports in MY 2015-16

Jun 11, 2015

In its June World Agricultural Supply and

Demand Estimates (WASDE) report, the

USDA has forecasted U.S. MY 2015-16

all rice beginning stocks to increase to

around 2.06 million tons, up about 43%

from around 1.44 million tons last year

and up about 6% from its last month's

forecasts of 1.95. It forecasts long-grain

rice beginning stocks to increase to

around 1.3 million tons and combined

medium and short grain rice beginning

stocks to increase to around 0.66 million

tons.USDA forecasts the 2015-16 U.S. all

rice exports to increase to around 4.99

million tons, up about 5% from last year's

4.76 million tons and up about 1.8% from




last month's forecast of around 4.9 million tons. U.S. long-grain exports are expected to

increase to around 3.45 million tons, up about 4% from last year's 3.31 million tons and

unchanged from last month's forecast of around 3.45 million tons. On the other hand, U.S.

medium-and-short grain exports are expected to increase to around 1.54 million tons, up about

6% from last year's 1.45 million tons and up about 6% from last month's forecast of around 1.45

million tons as a large outstanding sales balance to Northeast Asia in 2014-15 will likely be

shipped in 2015-16.

the USDA has forecasted U.S. MY 2015-16 all rice imports to increase to around 1.13 million

tons, up about 4% from around 1.09 million tons last year and up about 1.18% from its last

month's forecasts of 1.11 million tons.

USDA increased its estimates for U.S. MY 2015-16 all rice ending stocks by about 2.3% to

around 2.2 million tons from its last month's estimates of around 1.86 million tons. It estimates

U.S. all rice ending stocks to increase about 13% y/y in MY 2015-16. USDA increased estimates

for U.S. MY 2015-16 long-grain ending stocks by about 2.6% to around 1.59 million tons from

last month's estimate of around 1.55 million tons. It estimates U.S. long-grain rice ending stocks

to increase about 25% y/y in MY 2015-16. However, USDA kept its estimates for U.S. MY

2015-16 combined medium & short-grain ending stocks unchanged from last month's

estimate of around 0.5 million tons. It estimates U.S. combined medium & short-grain rice

ending stocks to decline about 12% y/y in MY 2015-16.

USDA estimates MY 2015-16 U.S. all rice farm prices to decline slightly to around $271.00 -

$293.21 per ton from last month's estimates of around $271.17 - $293.21. It kept its estimates for

long-grain rice farm prices and combined medium and short-grain farm prices to remain at

last month's level of $220.46 - $242.51 and $392.42 - $414.46 respectively.

The USDA has kept its forecasts for U.S. all rice production unchanged from last month.

Philippines Rice Stocks Increase for Second

Consecutive Month in May 2015

Jun 11, 2015




The Philippines rice stocks have increased for second consecutive month in May 2015 after

declining for three consecutive months since January 2015, according to the Bureau of

Agricultural Statistics (BAS).Total rice stocks in the Philippines as of May 1, 2015 reached

around 3.17 million tons, up about 25% from around 2.54 million tons recorded in April 2015,

and up about 26% from around 2.52 million tons recorded during the same period last year.

According to the BAS, household stocks (which account for about 47% of total rice stocks in the

country) have reached around 1.49 million tons as of May 1, 2015, up about 12% from year-ago

levels of around 1.33 million tons. Commercial warehouse rice stocks (which account for about

33.7% of total stocks) have reached around 1.07 million tons as of May 1, 2015, up about 47%

from their year-ago levels of around 730,000 tons. The rice stocks with the National Food

Authority (NFA) (which account for 19.3% of total stocks) stood at around 610,000 tons, up

about 30% from around 470,000 tons recorded in May 2014.Month-on-month, household rice

stocks are up about 18%, commercial warehouse rice stocks are up about 34% and NFA rice

stocks - in which about 96.2% are imported rice - are down about 24%, according to the BAS.

The BAS says that the Philippines' rice stocks as of May 1, 2015 are enough to last for 93 days

(household stocks are enough for 44 days, commercial warehouses stocks are enough for 31 days

and stocks with NFA are enough for 18 days).The government is planning to ramp up imports to

ensure adequate stocks and avoid price hikes in the country. The National Food Authority (NFA)

has decided to import 650,000 tons of rice (200,000 tons from Thailand and 450,000 tons from




Vietnam) under government-to-government deals in 2015 to ensure adequate stocks in the lean

season (June – September). It is further planning to import 805,200 tons of rice through private

importers under the WTO minimum access volume (MAV) rule. It imported more than 1.8

million tons of rice (including 1.5 million tons of 2014 imports and 300,000 tons of 2013

residual imports) in 2014 to replenish rice stocks and control price hikes.

Thailand Supreme Court Grants Bail to

Former Commerce Minister in G2G Rice

Case

Jun 11, 2015

Thailand's Supreme Court has granted bail to the former Commerce Minister in the government-

to-government (G2G) rice sales case, according to local sources.The President of the Supreme

Court’s Criminal Division for Political Office-Holders, who supervises the case, told local

sources that the Court granted bail to the former Minister at 20 million baht (around $593,190)

and ordered him not to leave the country without its permission. The former Minister reportedly

placed a saving account as surety.




Some 21 individuals, including the former Commerce Minister and the former Deputy

Commerce Minister have been indicted for their alleged corruption in government-to-

government (G2G) rice deals with two Chinese companies. The 21 individuals apparently helped

two Chinese companies, which were reportedly not authorized by the Chinese government, to

seal G2G contracts for about 1.2 million tons of rice with the Thai government without

participating in a bid.The individuals are said to have violated the Criminal Code, the Public

Competitive Bidding Act and the Anti-Corruption Act. The first trial against the 21 individuals

will commence on June 29, 2015. If found guilty, the 21 individuals, including the former

Commerce Minister, may face life imprisonments as well as a fine of up to 35.2 billion baht

(around $1.1 million).

Thai Irrigation Department Advises Farmers

to Delay 2015 In-Season Rice Planting Till

July

Jun 11, 2015

Thailand's Royal Irrigation Department (RID) has advised farmers to delay in-season/main

season (April - January) rice planting to due to persisting drought conditions and depleted water

reserves, according to local sources.The Director-General of the RID told local sources that the

announcement has been issued to rice farmers in the Chao Phraya River Basin to limit their use




of water on their farms as the rainfall so far has been lower than the forecast. He also noted that

decrease in water input in reservoirs coupled with increase in output to offset the dry weather

conditions has led to a fast depletion of water sources.

He noted that a postponement of rice planting would help in averting a severe shortage of water.

The DG suggested that July would be more appropriate to start rice planting as they expect rains

to pick up by then.

Vietnam Rice Exports to Africa Increase

Significantly in First Five Months of 2015,

Says MOIT

Jun 11, 2015

Vietnam's rice exports to Africa have increase both in

volume and value during the first five months of 2015

after getting stagnated for a few months in 2014 due to

the spread of the Ebola pandemic, according to a report

by the Department of Africa, West Asia and South Asia

Markets under the Ministry of Industry and Trade

(MOIT).Most of the increase has been to the West

African nations, according to the report. According to

data from the General Department of Customs, rice

exports to Algeria increased by about 32% in tonnage and 29% in value; rice exports to Angola increased

by about 49% in tonnage and 33% in value; rice exports to Ivory Coast increased by about 14% in

tonnage and 22% in value; and rice exports to Ghana increased by about 15% in tonnage and 12% in

value.

According to the USDA Post, Vietnam exported 236,248 tons of rice to African destinations in

during January - April 2015, up about 27% from around 186,068 tons exported during the same

period in 2014.The report also shows that Vietnam's rice exports to West Asian countries such as

UAE, Saudi Arabia, Qatar, Jordan, and Syria also increased considerably.Vietnam exported

about 2.081 million tons of rice in first five months of calendar year 2015, down about 11% from

about 2.34 million tons of rice exported during same time in last year, according to data from the

Vietnam Food Association (VFA).

12th june (friday),2014 daily exclusive oryza e rice newsletter by riceplus magazine

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