14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

1/17

14 August 2014

Daily Exclusive ORYZA E-Newsletter

(Unedited Verison)

Bad for Your Ambiance, but Good for Your Rice Farm -New Bird Repellent Ribbon

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -At first, it may appear like a cheap, flashy ribbon used to decorate a farm. But itis what seems to be keeping the birds from sucking the milk of the rice grain ordamaging the rice flower. Avilex Biotech Limited, Lagos, claims that its newproduct - a bird repellent ribbon - has proven to be useful for the rice farmer.The company conducted field trials at a farm in Abakaliki in the Nigerian state ofEbonyi.

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

2/17

Avilex says that the bird repeller ribbon combines holography, wind and light toirritate pest birds senses and create an off limit zone for them. The contraptionflashes as it moves with wind, reflecting sunlight or any light it produces andconstantly changing colours and patterns, thus creating a panic situation forbirds that approach the rice farms for fodder.

The locally sourced tapes come in 30 meter length 1" or 2" width, in 25 and 45micron thickness. The makers claim that compared to electronic or techno birdguards, these cost less as they do not need electricity or battery power to work.The company advices farmers to use the bird scaring tape around the farm rightat the filtering stage to prevent the winged visitors from perching, slurping themilk of the rice grain and wasting the rice flower.

Log in or register to post comments

Print

Tags:

Rice , rice news , bird scare ribbon , repellent tape , rice farm protection

Growing GI Rice to Fetch Cash Incentives to Indianfarmers

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -The government of the south-Indian state Kerala has allocated $3.2 million and2,000 hectares specifically to grow four Geographical Indications (GI) ricevarieties grown in the state.Under this initiative, farmers will be offered an incentive of $163 per hectare togrow the four GI varieties - Pokkali, Njavara, Jeerakasala and Gandhakasala.Pokkali is saline-resistant rice variety.

Farmers cultivate Pokkali from June to November as the salinity of the soil islow during this time. They switch to prawn farming from November to May. Thenew incentive-linked program is likely to attract farmers of other rice varietiesalso to cultivate these GI varieties.The government will also shortly unveil plans to promote basmati cultivation inthe state.

Log in or register to post comments

Print

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

3/17

Tags:

GI, Kerala , India , Rice , rice news , Pokkali , Njavara , Jeerakasala , Gandhakasala

Declining Olive Oil Prices Pose Challenges for Indian

Rice Bran Oil ProducersLog in or register to post comments

Print

Aug 13, 2014

Oryza.com -Declining olive oil prices and increasing demand for olive oil are posingchallenges for Indian rice bran oil producers, according to local sources.Currently, Olive oil prices stand at around Rs.150.06 (around $2.4) per litre,down about 18.4% from around Rs.183.68 (around $3) per litre last year.After declining last year, olive oil prices began increasing this year due toincreased olive production in Spain. According to the President of Indian OliveAssociation (IOA), olive production in Spain has reached around 1.7 million tonsso far this year compared to around 1.3 million tons during the same period lastyear. Due to this development, the European Commission (EC) is reportedlyplanning to hugely promote Spanish olive oil in India. It is earmarked around

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

4/17

4.35 million (around $5.8 million) for the purpose. Local sources say, the EC'scampaign is likely to boost olive oil sales in India over the next three years. TheIOA says demand for olive oil is increasing at an average rate of 40% perannum, and the ECs project will further enhance the demand growth.

Rice bran oil sales are likely to be impacted if the EC successfully implementsthe project in India. Rice bran oil producers are reportedly planning toaggressively promote the health benefits of rice bran oil compared to olive oil asa counter strategy. Though India has the potential to produce around 1.4million tons of rice bran oil yearly, the country is producing only 900,000 tonsdue to not much demand for it. Of this only 300,000 tons of oil is used foredible purposes and the remaining is used by vanaspati industry or blendedwith other oils and sold as branded products.

Log in or register to post comments

Print Tags:

Rice bran oil , Olive oil , India rice production

[c]

Oryza Overnight Recap - Chicago Rough Rice FuturesFind Support as Grains Turn Higher FollowingYesterday's S&D Led Sell-off

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -Chicago rough rice futures for Sep delivery have been paused 1.5 cents per cwt(about $0.33 per ton) higher at $12.665 per cwt (about $279 per ton) ahead ofearly floor trading in Chicago. The other grains are seen higher as well thismorning: soybeans are currently seen 0.2% lower, wheat is listed about 0.8%higher and corn is noted about 0.2% higher.

U.S. stock index futures signaled a higher open early on Wednesday, followingglobal markets higher, with investors focused on corporate releases andcontinued tensions in Ukraine and Iraq. Futures did not move significantly onnews that retail sales for July were flat, missing estimates and the weakestreading since January. Shares of major retailers in pre-market trading weredown slightly following the report. U.S. stocks closed down in light volume trade

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

5/17

on Tuesday for the first time in three sessions as developments in Ukraine andRussia continued to trouble investors. A Russian convoy of trucks carryinghumanitarian aid left Moscow for Ukraine on Tuesday despite the internationalcommunity warning that it shouldn't be used as a pretext for an invasion. Kiev,meanwhile, has said it would not allow the vehicles to cross on to its territory.

This comes as fighting between the Ukrainian government and pro-Russianrebels continues in the east of the country. Calming words from Polish ForeignMinister Radoslaw Sikorski gave investors some comfort on Wednesday alongwith reports that the convoy will travel under cooperation with the Red Cross.Russian blue-chip stocks were trading higher by 1.3% in morning trade. In Iraq,130 military advisors for the U.S. have arrived in Irbil, which includes marinesand special operations forces who assess the humanitarian situation in the northof the country. Secretary of Defense Chuck Hagel on Tuesday reiterated thatthe U.S. is not going back into Iraq with a "combat boots-on-the-groundoperation." The price of oil slipped further on Wednesday morning, with Brentfutures falling to 13-month lows. In Europe, stocks were posting gains after

some better-than-expected corporate releases from the insurance sector. InAsia, shares traded mixed as markets shrugged off poor data on the Japaneseeconomy and key monthly indicators from China. Back in the U.S., a weeklyreport showed a decline in mortgage application volume despite lower mortgagerates and far less dramatic home prices than a year ago. US stock index futuresare currently seen trading about 0.3% higher, gold is currently trading about0.2% higher, crude oil is seen trading about 0.1% higher, and the U.S. dollar iscurrently trading about 0.1% lower at 9:15am Chicago time.

Log in or register to post comments

Print

Tags: chicago rough rice futures , U.S. rice market , U.S. rice prices

Oryza Afternoon Recap - Chicago Rough Rice FuturesContinue to Drift Sideways; Grains Remain underPressure as Beans and Wheat Both Slide over 1%

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -Chicago rough rice futures for Sep delivery settled 0.5 cents per cwt (about$0.11 per ton) higher at $12.655 per cwt (about $279 per ton). The othergrains finished the day mostly lower; soybeans closed about 1.2% lower at

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

6/17

$10.4675 per bushel; wheat finished about 1.9% lower at $5.2800 per bushel,and corn finished the day about 0.2% higher at $3.7075 per bushel.U.S. stocks gained on Wednesday, boosted by a rally in airlines and biotechfirms. Dow transports rose nearly 1%, more than 2% for the week, with airlines

jumping on low fuel prices as oil continued to trade at 13-month lows. European

stocks closed up, with the DAX regaining all its Tuesday's losses after somebetter-than-expected corporate releases from the insurance sector. Asianshares were mixed as markets shrugged off poor data on the Japaneseeconomy and key monthly indicators from China. Business inventories in theUnited States rose 0.4% in June after gaining 0.5% in May. Overseas, a Russianconvoy of trucks carrying humanitarian aid left Moscow for Ukraine on Tuesdaydespite the international community warning that it shouldn't be used as apretext for an invasion. The Dow Jones Industrial Average shaved earlier gainsof more than 100 points to rise 87 points, or 0.53%, to 16,648.49. The S&P 500advanced about 13 points, or 0.64%, to 1,946.19, with all sectors gaining. TheNasdaq extended opening gains to rise more than 39 points, or 0.90%, to

4,428.83. Gold is trading about 0.3% higher, crude oil is seen trading about0.3% higher, and the U.S. dollar is seen trading about 0.1% higher at about1:00pm Chicago time.

Tuesday, there were 962 contracts traded, down from 696 contracts traded onMonday. Open interest the number of contracts outstanding on Tuesdaydecreased by 167 contracts to 9,665.

Tags: chicago rough rice futures , U.S. rice prices , U.S. rice market

Oryza U.S. Rough Rice Recap - Quiet Market as Buyerand Seller Stand-off Continues

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -The U.S. cash market remains very quiet with buyers staying on the sidelinesanticipating lower prices ahead of the second largest long grain crop in the lastfive years while sellers insist that if bids do not improve they will simply storetheir rice until they deem that prices are sufficiently high enough.

As of today, offers were unchanged around $13.33 per cwt fob farm (about$294 per ton) while bids could still be found around $12.85-$13.25 per cwt(about $282-$292 per ton) for September-October delivery however neitherbuyer or seller were willing to budge on price today.

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

7/17

Log in or register to post comments

Print

Tags: U.S. rice prices , U.S. rice market

Rice Breeding Is a Numbers Game: Dr SteveLinscombe

Log in or register to post comments

Print

Aug 13, 2014

Oryza.com -Dr Steve Linscombe, rice breeder and director of the Louisiana State UniversityAgricultural Centers Rice Research Station, Crowley, Louisiana, talks about thelatest in rice research that can be game changers in the world of rice. Since1908, the Rice Research Station has been conducting research and developingnew rice varieties. R ice farmers themselves help support the stations effortsthrough a check-off fee, which creates a fund distributed by the Louisiana RiceResearch Board. Excerpts from an exclusive interview to Oryza.comOryza: Recently, you had mentioned about a promising hybrid rice that was inresearch stage at the Rice Research Station in Crowley. Can you tell us moreabout it?Dr Steve Linscombe: We actually have several promising hybrids, but the onethat is catching my eye is a very high yielding, conventional long grain that isshowing milling yields and grain appearance quality equal to our best varieties.We still have a few questions to answer about it, but to this point it has lookedvery good.Oryza: Assuming all goes well with the trials next year, what will that translateto, for the rice consumers? Will it mean tastier rice? Healthier rice? Rice with agreat yield?

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

8/17

Dr Steve Linscombe: Well, certainly we are hopeful that it will have anexcellent yield and of very good quality. The good quality will also translate intoa more consistent cooking quality that could translate into a tastier product. Allrice is very healthy already.Oryza: We hear that you are testing about 250 experimental lines for the

Provisia rice (a herbicide-tolerant rice system from Germany). What can weexpect from that?Dr Steve Linscombe: We have an accelerated program to develop anagronomically sound, high yielding and high quality line with the Provisia traitas quickly as possible. We think that this new technology has a great deal tooffer to the US rice industry and would like to see it available as soon aspossible. Rice breeding is a numbers game and the more lines that we canevaluate, the better chance that we have of identifying one that has what isneeded so that this important technology can be made available to our riceproducers.

Oryza: We hear that this rice is being developed through conventional breedingmethod. In that case, how resistant is to herbicide? Can its traits beincorporated into other rice breeds?Dr Steve Linscombe: Our work involves moving a trait from a mutant line thatis not really adapted to southern U.S production into a new variety that has allthe plant and grain traits that will allow us to produce it commercially using thenew herbicide system. Our work has shown that the trait can be moved throughconventional rice breeding to different germplasm [a collection of geneticresources for an organism].Oryza: You said previously in another write-up that most of the Jazzman rice [avariety of exclusively designed aromatic rice developed by the LSU AgCenter]

grown last year went overseas to countries that are now buying Vietnamesearomatic rice. You even commented - The Vietnames e came in and severelyundercut us. How does the rice of one country change the equationsworldwide? Dr Steve Linscombe: While I am not a rice marketing expert, it is pretty easyto understand that if rice from another country is being sold into a market at alower price than our marketers can sell rice at and still make a profit it will bevery difficult for U.S. rice to compete.Oryza: We are halfway through 2014. What do you think will be the next bigthing this year?Dr Steve Linscombe: Hopefully it will be outstanding yields and good quality

for all U.S. rice producers and something somewhere that will lead to asubstantial upturn in rice prices for our producers. Rice is a very expensive cropto produce and it will be difficult for many of our producers to make a profit atthe current projected rice prices for this years crop - especially long grainprices.Oryza: As a rice researcher, what is your personal wish list for the next three/four years? Would it be more rice, better rice, cheaper rice, disease-resistantrice... What do you dream about for the rice world?

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

9/17

Steve Linscombe: Hopefully breeders can continue to make yield and/orquality gains. We are also continually working to improve diseaseresistance. But ultimately I would hope for yields and prices that will allow ourindustry to continue to be economically viable.

Log in or register to post comments

Print

Tags:

Rice , rice news , Research , Dr Steve Linscombe , LSUag, Crowley , Louisiana

Russia Rejects Parboiled Rice Imports from India afterDetecting Pests

Log in or register to post comments

Print

Aug 13, 2014

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

10/17

Oryza.com -

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

11/17

Russia has rejected a parboiled rice consignment from India after its phyto-sanitary watchdog Rosselkhoznadzor has detected in July 2014 that it wascontaminated with pests, according to local sources.A statement by the watchdog was quoted as saying that the watchdog detectedlow quality and hazardous rice exported from India. The statement also noted

that the stored grains were contaminated with 4 specimens (1 meal worm, 2locust leaf rollers and 1 tick) per one kilogram of rice. The consignment ispresently banned to enter Russia, the statement added. Russia had previouslybanned rice imports from India between February - August 2013 due to asimilar reason.Russia has been a promising market for India rice exports in the recent years.India's rice exports to Russia grew about 6.5 times to around 62,251 tons in FY2012-13 from around 9,490 tons in FY 2011-12, according to data from theAgricultural and Processed Food Products Export Development Authority(APEDA) in India. However, they declined 14% to around 53,757 tons in FY2013-14 due to a temporary ban.

USDA estimates Russia's 2014 milled rice production to decline 11% to around608,000 tons from around 684,000 tons in 2013 due to expected decline in riceacreage. It estimates Russia to import 250,000 tons of rice in 2014, up about4% from around 240,000 tons in 2013.

Log in or register to post comments

Print

Tags: Russia rice production , Russia rice imports , Rice acreage

Sufficient Rice Production Should Supplement Importsin 2014 to Ensure Supplies and Curb Price Hikes, SaysPhilippine Agri Secretary

Log in or register to post comments

Print Aug 13, 2014

Oryza.com -The Philippines government should aim at achieving 96-98% self-sufficiency inrice production in 2014 in addition to importing nearly 1.3 million tons of rice toensure adequate supplies and curb price hikes, according to local sources.

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

12/17

The Agriculture Secretary told local sources that local rice production cannot beignored even if the country is prepared to import as much as 1.3 million tons ofrice this year. He noted that an increased rice production along with imports willboost supplies and control prices. Less supplies last year due to reduced importsand lesser-than targeted production led to a steep hike in prices, which forced

the country to increase imports. He therefore stressed on maintaining enoughsupplies in the market.The Department of Agriculture (DA) is striving to increase rice production andachieve self-sufficiency in rice, the Minister said. For 2015, the DA is planningto get a budget of around P88.59 billion (around $2 billion) to support farmersin lowering their production costs and improving efficiency, according to him.

The Minister stated that the Philippines government has saved around P147billion (around $3.3 billion) by reducing rice imports between 2010 and 2013.The Philippines government could increase the rice self-sufficiency achievementlevel from 82% in 2010 to 96% in 2013, he added. The Agri Secretary

supported the National Food Authority (NFA) plan to import additional 500,000tons of rice this year saying that the imports would boost the buffer stock andhelp stabilizing prices.The DA is estimating the Philippines 2014 milled rice production at around 12.38million tons against a demand of around 12.9 million tons. The countryproduced around 4.3 million tons in the first quarter of 2014, up about 3% fromaround 4.17 million tons last year.USDA estimates Philippines MY 2014-15 (July - June) paddy rice production ataround 19.37 million tons (around 12.2 million tons, basis milled), up about 3%from around 18.75 million tons (around 11.8 million tons, basis milled)produced in the previous year. It estimates Philippines 2014-15 milled rice

exports at around 1.6 million tons, up about 10% from last year.

Log in or register to post comments

Print

Tags:

Philippines Rice Production , philippine rice imports , Rice Self Sufficiency

Vietnam Rice Quotes Mixed; Other Asia Rice QuotesUnchanged Today

Log in or register to post comments

Print

Aug 13, 2014

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

13/17

Oryza.com -Vietnam rice sellers increased their quotes for 5% broken rice and 100% brokenrice by about $10 per ton each to around $450 - $460 per ton and around $345- $355 per ton respectively and lowered their quotes for Jasmine rice by about$5 per ton to around $590 - $600 per ton. Other Asia rice sellers kept their

quotes mostly unchanged today.5% Broken Rice Thailand 5% rice is quoted at around $445 - $455 per ton, about $5 per tondiscount to Vietnam 5% rice quoted at around $450 - $460 per ton, up about$10 per ton from yesterday. India 5% rice is quoted at around $435 - $445 perton, about $10 per ton discount to Pakistan 5% rice quoted at around $445 -$455 per ton.25% Broken Rice Thailand 25% rice was last quoted at around $350 - $360 per ton, about $55per ton discount to Vietnam 25% rice quoted at around $405 - $415 per ton.India 25% rice is quoted at around $390 - $400 per ton, about $5 per ton

discount to Pakistan 25% rice quoted at around $395 - $405 per ton.

Parboiled Rice Thailand parboiled rice is quoted at around $445 - $455 per ton. India parboiledrice is quoted at around $425 - $435 per ton, about $25 per ton discount toPakistan parboiled rice quoted at around $450 - $460 per ton.100% Broken Rice Thailand broken rice, A1 Super, was last quoted at around $310 - $320 per ton,about $35 per ton discount to Vietnam broken rice quoted at around $345 -$355 per ton, up about $10 per ton from yesterday. India broken sortexed riceis quoted at around $340 - $350 per ton, about $15 per ton premium on

Pakistan broken sortexed rice quoted at around $325 - $335 per ton.

Log in or register to post comments

Print

Tags: Vietnam rice prices , India rice prices , pakistan rice prices , Thailand rice prices

USDA Forecasts U.S. 2014-15 Total Rice Exports at4.94 Million Tons, Up 17% from Previous Year

Aug 13, 2014

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

14/17

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

15/17

Oryza.com -USDA has forecasted the U.S. 2014-15 (August - July) total rice exports (roughand milled equivalent of rough) at around 4.95 million tons, up about 17% froman estimated 4.24 million tons in 2013-14 and about 2% more than its Julyforecasts of around 4.85 million tons. While exports of rough rice are expected

to increase 15% over last year to around 1.54 million tons, exports of milledequivalent of rough rice are expected to increase 17% to around 3.4 milliontons.In its latest World Agricultural Supply and Demand Estimates (WASDE), USDAforecasts 2014-15 long-grain exports at around 3.4 million tons, up about 19%from an estimated 2.86 million tons last year. It forecasts 2014-15 medium &short-grain rice exports at around 1.54 million tons, up about 12% from anestimated 1.38 million tons in the previous year.USDA forecasts the U.S. total rice production to increase to around 10.38million tons in 2014-15, up about 21% from an estimated 8.61 million tons in2013-14. Most of the increase is in the long-grain rice production. The U.S.

agency forecasts production of long-grain rice to increase about 28% to around7.68 million tons and production of medium & short-grain rice to increase about3% to around 2.7 million tons.

USDA forecasts the U.S. 2014-15 total rice imports to decline to around950,000 tons, down about 9% from an estimated 1.04 million tons in 2013-14due to expected increase in production. With this the U.S total rice supply in2014-15 is expected to increase 13% y/y to around 12.82 million tons. USDAforecasts the U.S. 2014-15 ending stocks to increase 21% y/y to around 1.8million tons.USDA forecasts 2014-15 average farm price of the U.S long-grain rice to decline

to around $275.55 per ton from around $339.5 per ton. It forecasts 2014-15average farm price of the U.S medium & short-grain rice to decline to around$396.8 per ton from around $392.42 per ton.Tags: U.S. Rice exports , U.S. rice imports , U.S. rice production , Long-grain rice , medium grain rice , Short grain rice

Vietnam Plans to Convert 260,000 Hectares of RiceArea to Other Crops by 2015

Aug 13, 2014

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

16/17

The Ministry of Agriculture and Rural Development (MARD) of Vietnam isplanning to convert 260,000 hectares of rice area to other crops by 2015 underthe crop transformation plan 2014-2020, according to local sources.Under the new plan, the MARD will work towards altering cultivation model inthe Mekong River Delta (MRD), which produces nearly 50% of Vietnam's rice,from 'growing only rice' to 'growing rice and other crops as well as aquaticbreeding'. In the Red River Delta (RRD), Northern Mountainous and Midland,and Northern Central Regions, the MARD will shift from rice to other crops suchas corn, soybean, sesame, peanut and vegetables. Similarly, Southern CentralCoastal region and Central Highlands region will shift from rice to corn and othercrops. The South-eastern region will move away from rice to grow flower,ornamental trees and safe vegetables.The new plan is to strike a balancebetween growing rice as well as other crops that have higher competitivenessand economic value than rice, according to the MARD. According to USDA,currently rice is grown in around 7.78 million hectares of cultivable land inVietnam.Tags: Vietnam rice production , Vietnam rice exports , Ministry of Agriculture and Rural Development (MARD)

8/11/2019 14 August,2014 Daily Global ORYZA E-Newsletter by Riceplus Magazine ( Unedited Version)

17/17

[email protected]

RICEPLUS MAGAZINE

www.ricepluss.com