29th may (friday),2015 daily exclusive oryza rice e newsletter by riceplus magazine

Daily Exclusive ORYZA Rice E-Newsletter 2015

www.ricepluss.com & www.riceplusmagazine.blogspot.com Page 1

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Daily Exclusive ORYZA Rice E-Newsletter

www.ricepluss.com www.riceplusmagazine.blogspot.com

May 29 ,2015 Vol 5,Issue V

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Global Rice Quotes

May 29th, 2015

Long grain white rice - high quality

Thailand 100% B grade 375-385 ↔

Vietnam 5% broken 350-360 ↔

India 5% broken 370-380 ↔

Pakistan 5% broken 405-415 ↔

Myanmar 5% broken 420-430 ↔

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 350-360 ↔


Pakistan 25% broken 360-370 ↔

Cambodia 25% broken 410-420 ↔

India 25% broken 345-355 ↔

U.S. 15% broken 455-465 ↔

Long grain parboiled rice

Thailand parboiled 100% stxd 365-375 ↔

Pakistan parboiled 5% broken stxd 415-425 ↑



India parboiled 5% broken stxd 350-360 ↔

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% 845-855 ↔

Vietnam Jasmine 470-480 ↔

India basmati 2% broken NQ ↔

Pakistan basmati 2% broken NQ ↔

Cambodia Phka Mails 815-825 ↔

Brokens

Thailand A1 Super 315-325 ↔


Pakistan 100% broken stxd 305-315 ↔

Cambodia A1 Super 350-360 ↔

India 100% broken stxd 275-285 ↔

Egypt medium grain brokens NQ ↔

U.S. pet food 365-375 ↔

Brazil half grain NQ ↔

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

Oryza Overnight Recap – Chicago Rough

Rice Futures Slightly Higher Overnight as

Market Weighs Export Sales Report



May 28, 2015

Chicago rough rice futures for Jul delivery are currently seen paused 3 cents per cwt (about $1

per ton) higher at $9.460 per cwt (about $209 per ton) during early floor trading in Chicago. The

other grains are seen trading mostly higher; soybeans are currently seen about 0.3% higher,

wheat is listed about 0.3% higher and corn is currently noted about 0.4% higher.U.S. stock index

futures traded lower on Thursday, as hopes faded that a rescue-for-reforms deal for crisis-struck

Greece was nearing.

In China, stocks plunged 6.5% on Thursday, with traders citing the tightening of marginal

lending rules as an explanation. European and U.S. stocks rallied on Wednesday, with the

Nasdaq setting a new record high, after Greece said it had stated crafting a "staff level

agreement" with its international bailout supervisors. However, European officials rebuked the

claims on Thursday, saying there was some way to go before any agreement could be drawn up

and that they were surprised by the upbeat sentiment from Greece. Gold is currently trading

about 0.1% higher, crude oil is seen trading about 0.9% lower, and the U.S. dollar is currently

trading about 0.1% higher at 8:30am Chicago time

Italy Rice Fields Turn into Bird Habitats!

May 28, 2015

Rice fields in Italy's Novara,

Vercelli and Biella provinces are

home for thousands of bird

species. The regions are located in

an area called "baraggia", where

moorland and grassland are mixed

in a sort of “savanna” landscape,

and rice is grown. Now these areas

are part of a natural regional park

extending to about 3,980

hectares.An ornithologist Lucio

Bordignon is conducting a study

over the bird species among these

rice fields. He says thousands of herons, bitterns, stock doves and many others have been found



in the region's rice fields.He will present the findings of his study on June 6 this year in

Busonnengo, a place in "baraggia".

Myanmar Cross Border Rice Exports to

China Decline Due to High Prices, Say

Traders

May 28, 2015

Cross border rice exports from Myanmar to China have remained sluggish since the Water

Festival on April 19 this year due to relatively higher prices, according to local sources.Some

traders told local sources that an increase in local rice prices is also having an impact on the

export prices thereby leading to lower exports. They noted that the price of ordinary rice

increased about 1,500 kyats per 100 kilograms (around $14 per ton) after the Water Festival and



is currently trading at around 18,000 kyats per 100 kilograms (around $164 per ton).Rice prices

at the border are also high, according to local sources. While ordinary rice prices are ruling

between 17,000 kyat - 18,500 kyat per 100 kilograms (around $155 - $169 per ton), qualified

rice prices are ruling between 28,000 kyat - 38,000 kyat per 100 kilograms (around $255 - $347

per ton). In fact they are around 500 kyat (around $4.5 per ton) higher than in other

places.However, traders are expecting the export prices to normalize after the inspecting group

from China will examine the rice slated for export between May 22 and June 1 this year under

the recently signed Memorandum of Understanding (MOU). The group will inspect rice from 19

qualified companies and award export certificated, they said.According to the UN's Food and

Agriculture Organization (FAO), the domestic prices of most commonly used Emata rice have

been increasing since November 2014. Export prices of Myanmar 5% rice currently stand at

around $425 per ton.

Government of Cambodia to Check

'Unethical' Rice Tampering

May 28, 2015

The government of Cambodia is

planning to increase checks on

'unethical' rice tampering as part of

efforts to ensure Cambodian rice,

slated for export, is not mixed with

rice from neighboring countries,

according to local sources.n a letter

dated May 11, 2015, the Ministry of

Commerce has communicated to all

exporters that it will stop issuing

Certificates of Origin to exporters

found to be using non-Cambodian rice

for export.The government became serious over the rice tampering issue following the European

Union's (EU) increased monitoring of rice imports for clear Certificate of Origins.

Of late the EU has been keen on pausing or banning the rice imports without clear origins. There

are also concerns that the EU may take this opportunity to withdraw its duty-free imports from

Asian Least Developed Countries (LDCs) under the Everything But Arms (EBA) agreement.The

EU Ambassador to Cambodia noted that it is the responsibility of the Cambodian authorities to



ensure of the quality of the commodities exported to the EU under the EBA agreement. "Indeed,

as for any other product exported to the EU under EBA, were the rule of origin not respected, it

may lead to an investigation by the EU,” he was quoted as saying in an email.The Ministry also

urged the President of the Cambodia Rice Federation, millers and exporters to strictly comply

with the agreed code of conduct on rice exports the EU. The letter also stated that the Ministry

would conduct surprise inspections in rice milling and exporting companies to ensure there is no

rice tampering.

Oryza Global Weather Outlook

May 28, 2015

Rain is expected across the Yangtze Valley and South China this week, which is likely maintain

favourable moisture for rice in those regions.

Rain is expected across South-western and North-western India, Central Pakistan, and Northern

Bangladesh this week.

In Indonesia, rain is expected across Northern Sumatra, Malay Peninsula, Northern Kalimantan,

East Malaysia, and Southern Sulawesi this week.

Rain showers are expected across Southern and Eastern Thailand, and Northern and Southern

Vietnam this week.

In the Philippines, rain is expected across Luzon this week. However, dryness will continue

across South-eastern areas of the Philippines, which will stress main season rice growth.

Rain is expected across Central and Southern portions of the Center-South Brazil this week, and

also far North-western portions of the Northeast Brazil. Rice harvesting has almost been

completed in Center-South Brazil.

A few light showers are expected across Southern Uruguay this week.

Rain showers are expected to continue across the U.S. this week.

Thailand, India Rice Sellers Lower Some

Quotes Today; Pakistan Rice Sellers Increase

Some of Their Quotes



May 28, 2015

Thailand rice sellers lowered their quotes for 5% broken rice, Parboiled rice and Hommali rice

by about $5 per ton each to around $365 - $375 per ton, $365 - $375 per ton and $845 - $855 per

ton respectively, today. India rice sellers lowered their quotes for parboiled rice by about $10 per

ton to around $350 - $360 per ton. Pakistan rice sellers increased their quotes for 100% broken

rice by about $5 per ton to around $305 - $315 per ton. Vietnam rice sellers kept their quotes

mostly unchanged today.

5% Broken Rice

Thailand 5% rice is indicated at around $365 - $375 per ton, down about a $5 per ton from

yesterday and about a $15 per ton premium on Vietnam 5% rice shown at around $350 - $360

per ton. India 5% rice is indicated at around $370 - $380 per ton, about a $35 per ton discount to

Pakistan 5% rice shown at around $405 - $415 per ton.

25% Broken Rice

Thailand 25% rice is shown at around $350 - $360 per ton, about a $25 per ton premium on

Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is indicated at around

$345 - $355, about a $15 per ton discount to Pakistan 25% rice shown at around $360 - $370 per

ton.

Parboiled Rice

Thailand parboiled rice is indicated at around $365 - $375 per ton, down about a $5 per ton from

yesterday. India parboiled rice is indicated at around $350 - $360 per ton, down about a $10 per

ton from yesterday and about a $55 per ton discount to Pakistan parboiled rice shown at around

$405 - $415 per ton.

100% Broken Rice

Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $5 per ton

premium on Vietnam 100% broken rice shown at around $310 - $320 per ton. India's 100%

broken rice is shown at around $275 - $285 per ton, about a $30 per ton discount to Pakistan

broken sortexed rice shown at around $305 - $315 per ton, up about a $5 per ton from yesterday.



Oryza Afternoon Recap - Chicago Rough

Rice Futures Trade Higher on Support from

Wheat and Corn

May 28, 2015

Chicago rough rice futures for Jul delivery settled 8 cents per cwt (about $2 per ton) higher at

$9.510 per cwt (about $210 per ton). The other grains finished the day with mixed results;

Soybeans closed about 0.1% lower at $9.2600 per bushel; wheat finished about 0.2% higher at

$4.8875 per bushel, and corn finished the day about 1.1% higher at $3.5100 per bushel.U.S.

stocks traded closed Thursday's trading session lower as a lack of resolution on Greece debt talks

and declining transports weighed on investor sentiment.

The Dow transports resumed their decline, falling 0.91%. U.S. stocks have alternated between

losses and gains in the last three trading days. Regarding Greece, IMF Managing Director

Christine Lagare told a German newspaper that a Greek exit from the euro zone was possible but

that this would probably not herald the end of the euro currency. On Wednesday, both U.S. and

European equities rallied after Greece said it had stated crafting a "staff level agreement" with its

international bailout supervisors. However, European officials rebuked the claims on Thursday,

saying there was some way to go before any agreement could be drawn up and that they were

surprised by the upbeat sentiment from Greece.

The Dow Jones Industrial Average closed down 36.87 points, or 0.20%, at 18,126.12. Thursday's

session also marked the fourth time in six sessions where blue chips closed down. The S&P 500

closed down 2.68 points, or 0.13%, at 2,120.80, with industrials and energy leading decliners and

materials leading three advancers. The Nasdaq closed down 8.62 points, or 0.17%, at 5,097.98.

Gold is trading about 0.2% higher, crude oil is seen trading about 0.9% higher, and the U.S.

dollar is seen trading about 0.4% lower at about 3:00pm Chicago time.

Wednesday, there were 681 contracts traded, up from 487 contracts traded on Tuesday. Open

interest – the number of contracts outstanding – on Wednesday decreased by 12 contracts to

11,560.

Government of Indonesia Will Import Rice

as Last Resort, Says Agriculture Minister

May 28, 2015



The Indonesian Agriculture

Minister reiterated that there were

enough rice and paddy stocks in

the country and would be

sufficient till September this year,

according to local sources.While

accompanying the President

during visits to the rice growing

regions in Manado, North

Sulawes, he told local sources that

demand usually increases ahead of

the festive seasons Ramadhan and

Idul Fitri. But he noted that the

government would import rice as a

last resort if domestics stocks were insufficient. As of now, the government is reviewing the

production and stock situations and is likely to take a decision on imports next month.The

government is also ramping up its rice procurement efforts as harvest season has arrived in most

of the regions and will peak in June. It has fixed the government purchasing price at about Rp

7,260 per kilogram (around $550 per ton). The Minister also noted that prices have moderated in

most of the regions. “There will be no limit on the amount of rice we buy.

We will buy their rice in any volume,” he was quoted as saying.According to the UN’s Food and

Agriculture Organization (FAO), the average rice prices in the country have been increasing

since September 2014 and have reached record levels in March 2015. However, since April,

prices reversed direction due to the government intervention as well as increased supplies from

the 2015 main season rice crop. Currently, prices stand at around 9.875 million Rupiah (around

$751) per ton, down from around 10 million Rupiah (around $770) per ton in April

2015.Meanwhile, the Agriculture Ministry is in the process of minimizing the effects of a likely

El Nino on the country's rice production levels.

The Agriculture Minister noted that the Ministry has set up a team consisting of agricultural

experts and those experienced in understanding the impacts of El Nino to anticipate the effects of

the event on rice production.USDA estimates Indonesia to produce around 36.3 million tons of

rice, basis milled (around 57.17 million tons, basis paddy), and import around 1.25 million tons

of rice in MY 2014-15 (October - September).

29th may (friday),2015 daily exclusive oryza rice e newsletter by riceplus magazine

News & Politics

broken stxd

broken nq pakistan basmati

broken nq cambodia phka

ton higher

global rice quotes

higher overnight

higher soybeans

chicago time italy rice