2nd December,2015 Daily Global Regional,Local Rice E_Newsletter by Riceplus Magazine

8/20/2019 2nd December,2015 Daily Global Regional,Local Rice E_Newsletter by Riceplus Magazine

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Daily Global, Regional & Local Rice E-Newsletter

2 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m

Rice News Headlines...

Dists allotted to Addl Chief Secys

2015 rice harvest projected to be lower at 18.3m tons— Agriculture

PHL’s 2015 palay output to decline by 600,000 MT– DA

Indonesia: Govt claims surplus in rice production in 2015

Rice prices seen gaining ground in Mekong region

Vietnam’s rice exports up in volume, down in value

Thailand, China to sign deal today for 1m tonnes of rice

Haryana orders physical verification of paddy stocks

Gov't to Import Rice from Pakistan

Nagpur Foodgrain Prices Open-Dec 02

Rice Farmers Laud CBN's New Anchor Borrower Initiative

Sino-Thai produce, train deals 'are ready' APEDA Rice Commodity News

Fresh Iran contracts for rice a very welcome news for Indian exporters: Anil Mittal, KRBL

Soil scientist Nyle Brady dies at 95

Chickadee research predicts drastic northward shift for southern species

Should We Eat Golden Rice?

Kim Soo Hyun and his fans donate 11.1 tons of rice to feed the needy

U.S. rice back on EU shelves

2015 USA Rice Outlook Conference One Week Away

CCC Announces Prevailing World Market Prices

CME Group/Closing Rough Rice Futures

News Detail...

Dists allotted to Addl Chief Secys

Tribune Reporters Chandigarh, December 2

The government has allotted 13 districts to the Administrative Secretaries for supervising the physical verification of paddy stocks of procurement agencies lying in rice mills. Theverification is to be completed within 20 days.An official spokesman said here today that indeference to the demand of opposition leaders, Chief Minister Manohar Lal Khattar yesterdayinformed the House that the physical verification of paddy stock would be carried out under thesupervision of Additional Chief Secretary-level officers..


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He said Additional Chief Secretary (ACS) Roshan Lal has been allotted Karnal district,Kurukshetra to SS Dhillon, Hisar to Ram Niwas, Sirsa to P. Raghavendra Rao and Panchkula toDr KK Khandelwal, Ambala to Vijai Vardhan, Palwal to VS Kundu and Kaithal to PK Das,Sonepat toTC Gupta, Jind to Shashi Bala Gulati and Yamunanagar and Fatehabad to Anurag

Rastogi.As per a letter addressed to all Administrative Secretaries by Chief Secretary DS Dhesi,the Deputy Commissioners concerned would depute at least one senior gazetted officer, one police officer and one or two officers of the procurement agency concerned in the teamconstituted for conducting physical verification.17 teams formed to verify rice millers‘stockKarnal: The district administration has constituted 17 teams to visit godowns of rice millersto check their stock.The administration claimed it was a routine work, but sources said the stephad been taken after the allegation of a scam by the opposition.

The sources said the team members would match the stock of the rice millers with the paddygiven to them for milling by the government.The teams were constituted during a meeting byDeputy Commissioner J Ganesan here at Mini Secretariat, in which DFSC Nishant Rathi,

HAFED MD Rajbir Singh and other officials of the Food and Supplies Department, FCI,HAFED and rice millers were present.The DC directed the officials of the FCI to providesufficient labour to unload the rice at godowns after being processed by rice millers.Besides, healso directed the rice millers to complete milling in 10 days or the work would be given to othermillers.

http://www.tribuneindia.com/news/haryana/dists-allotted-to-addl-chief-secys/166005.html

2015 rice harvest projected to be lower at 18.3m tons—

Agriculture

posted December 02, 2015 at 11:10 pm by Anna Leah E. Gonzales

The Agriculture Department said Wednesday rice harvest this year will likely decline from lastyear‘s production, because of the effects of several typhoons and the El Niño dry spell.―Our

forecast for this year is 18.3 million metric tons. That is lower than last year as typhoon Landoand the El Niño affected the crops,‖ said Agriculture assistant secretary and national rice andcorn program coordinator Edilberto de Luna.Palay or unmilled rice production reached 18.97million metric tons in 2014.―We could have reached 19.5 million metric tons, if there was no El Niño and typhoon Lando did not hit the rice producing areas,‖ de Luna said.

The department said that based on field validation, typhoon Lando affected 317,063 hectares ofrice, including 15,822 hectares that had no chance of recovery.Production losses for the ricesector reached 510,439 metric tons with a total value of P7.09 billion.The prolonged dry spellalso affected 30,665 hectares of rice nationwide valued at P1.09 billion, he said.―Based on our

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estimates, this year‘s production was lower by almost 600,000 metric tons. However, we expecthigher production in the first quarter of 2016,‖ de Luna said.

http://manilastandardtoday.com/business/193421/2015-rice-harvest-projected-to-be-lower-at-18-3m-tons-agriculture.html

PHL‘s 2015 palay output to decline by 600,000 MT–DA by Mary Grace Padin - December 2, 2015

In Photo: Farmers and some of their family members walk home after spending hours harvestingtheir rice crop in Candon, Ilocos Sur.THE country‘s unmilled-rice production could decline by600,000 metric tons (MT) by the end of the year due to natural disasters, the Department ofAgriculture (DA) said on Wednesday.Agriculture Assistant Secretary Edilberto de Luna, who isalso coordinator of the DA‘s Rice and Corn Program, said rice farmers incurred losses due to the

drought caused by El Niño and Typhoon Lando (international code name Koppu).―Lando and El Niño would have a major impact on rice output this year, which could settle at 18.3 millionmetric tons [MMT]. We would lose around 600,000 MT of palay due to these natural disasters,‖

de Luna told reporters at the sidelines of the 2015 Makina Saka in Pasay City.

The projected rice output of 18.3 MMT by the end of the year is 3.54 percent lower than the18.97 MMT produced in 2014, and is also 3.68 percent lower than the target of the DA pegged at

http://www.businessmirror.com.ph/author/marygracepaden/http://www.businessmirror.com.ph/author/marygracepaden/http://www.businessmirror.com.ph/author/marygracepaden/http://www.businessmirror.com.ph/wp-content/uploads/2015/12/agri01-120315.jpghttp://www.businessmirror.com.ph/author/marygracepaden/


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19 MMT.The DA earlier set a palay production target of 20.08 MMT for this year. This waslowered to 19 MMT due to the onslaught of Lando and El Niño in major rice-producing areas inthe country.If not for El Niño and Lando, de Luna said Philippine rice output for the whole yearcould reach 19.5 MMT.Last month the Philippine Statistics Authority (PSA) projected that riceoutput for 2015 would reach 18.3 MMT.For the second half of the year alone, the PSA said palay

output may decline by 5.81 percent to 9.97 MMT, from 10.59 MMT last year.

Meanwhile, de Luna said the increase in irrigation water due to rains brought by Lando wouldallow rice output to recover in the first quarter of 2016. The PSA projected rice output in Januaryto March 2016 to inch up by 0.31 percent to 4.38 MMT, from 4.37 MMT recorded in the same period last year.The expected increase in rice output prompted the government to review thevolume of rice it would import next year to beef up the country‘s rice stock.Economic Planning

Secretary and National Economic and Development Authority Director General Arsenio M.Balisacan said the projected production is ―more favorable than expected.‖The country‘s El Niñotask force earlier recommended an additional 1.3 MMT of rice imports prior to the release of thedata from the PSA.

http://www.businessmirror.com.ph/phls-2015-palay-output-to-decline-by-600000-mt-da/

Indonesia: Govt claims surplus in rice production in 201512/2/2015 Thai News Service27 November 2015 - The Ministry of Agriculture claimed that Indonesia had achieved a rice production surplus in the October 2014 - October 2015 period because it did not import rice for public consumption during the period."Rice production was surplus. This is the best achievementover the past five years," Director General for Food Crops Plantation Hasil Sembiring said here

on Thursday evening.In October 2014, state logistics board Bulogs rice stock was 1.7 milliontons which was reached with imports of 800 thousand tons. But in October 2015, withoutoptimal absorption during grand harvest peak in the January - May 2015 period, Bulogs ricestock remained at 1.7 million tons, he said.

He said that the achievement was made even with an increase in the number of population by 3.7million which consumed 460 thousand tons of rice."Although Indonesia was hit by strong El Nino, rice increased to 1.26 million tons from that in 2014," he said.In 1998, with strong El Nino(1.9 percent intensity), Indonesia was forced to import 7.1 million tons of rice. At that time thenumber of Indonesia population was only 202 million.But in 2015, the number of populationreached 252 million with an El Nino intensity of 2.4 percent. In such a condition, Indonesia

should have imported 9.0 million tons of rice but instead it had a stock of 1.3 million tons, thedirector general said.

http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2492613485


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Rice prices seen gaining ground in Mekong regionWed, 2 December 2015Cheng Sokhorng

A prolonged regional drought is expected to push Thai and Vietnamese rice prices up by 10 to 15 per cent, narrowing the price gap that has kept Cambodian rice exporters from securing majorinternational supply orders, one of the Kingdom‘s biggest rice exporters said yesterday.Song

Saran, CEO of Amru Rice, said while drought has afflicted all countries in the Lower Mekongregion, the impact on Cambodia‘s rice crop would be smaller than on that of its chief rivals.―If

Thailand‘s price of white rice ends up increasing 10 to 15 per cent due to drought in early 2016,the price of Cambodia‘s white rice will only increase by about 2 or 3 per cent because it isalready more expensive than the product of its neighbours,‖ he said.

Prices for Thai 5 per cent broken white rice are currently quoted at $365 per tonne, lower thanVietnamese rice that is selling for $375-380 per tonne. By comparison, Cambodian 5 per cent broken rice is selling for about $420-430 per tonne, according to traders.The honorary presidentof the Thai Rice Exporters Association projected this week that Thailand‘s rice prices would

increase by up to 15 per cent during the first quarter of 2016, and another 10 to 15 per cent in thesecond quarter if drought continues there, according to the Bangkok Post .That could put the pricedifference between Thai and Cambodian rice to within a fraction, according to Saran.Like its

neighbours, Cambodia has felt the impact of a severe drought that scientists attribute to the El Niño weather phenomenon. However, Hean Vanhan, deputy director-general of the GeneralDepartment of Agriculture at the Ministry of Agriculture, said late-season rains mitigated theimpact of the dry spell.

―The drought did not have much impact on our rice yield due to the rainfall received at the endof the season, as well as water recovered [through irrigation,]‖ he said. ―It‘s now the harvest

http://www.phnompenhpost.com/post-weekend/when-rain-doesnt-fallhttp://www.phnompenhpost.com/post-weekend/when-rain-doesnt-fallhttp://www.phnompenhpost.com/post-weekend/when-rain-doesnt-fallhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/sites/default/files/styles/full-screen/public/field/image/b.jpg?itok=vO3TrTrVhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/business/rice-exports-bounce-backhttp://www.phnompenhpost.com/post-weekend/when-rain-doesnt-fall


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season, so it‘s still too early to project the total paddy rice yield.‖Vanhan stressed that Cambodiawould not face any food supply shortages as a result of this year‘s drought. Some 9 million

tonnes of paddy rice has been produced since the start of the year, of which 4 million tonnes wassurplus.Kim Savuth, vice president of the Cambodia Rice Federation, concurred.―Even thoughthe drought impacted the rice yield, it still did not impact the food supply or exports,‖ he said.

―We have lots of surplus paddy rice in stock every year.‖However, Savuth disputed the notionthat the price gap between Cambodian rice prices and those of its chief competitors wouldnarrow, arguing that the much-larger scale of their rice exports drives world prices.―Our rice price is dependent on Thailand and Vietnam‘s market,‖ he said. ―If their rice price increases, ourrice price increases as well.‖ Contact author: Cheng Sokhorng

http://www.phnompenhpost.com/business/rice-prices-seen-gaining-ground-mekong-region

Vietnam‘s rice exports up in volume, down in value Thanh Nien News

Wednesday, December 02, 2015 09:58Email Print

Global glut, falling demand: double whammy for Vietnam rice exports

Vietnam‘s rice exports between January and November saw a year -on-year increase of 3.6 percent involume, but a 4.9 percent annual decrease in value, the Ministry of Agriculture and Rural Developmentreported.Rice exports in the first nine months reached 6.24 million tons, fetching US$2.65 billion in total.The average export price was $426 per metric ton, down 7.4 percent from the same period last year.Shipments in October and November saw sharp increases compared to previous months, the ministrysaid, citing new contracts signed with the Philippines and Indonesia in October as the main reason.Under the contracts that will expire in March next year, Vietnam is set to export 450,000 tons of rice tothe Philippines and one million tons to Indonesia.The contracts may bring the total rice exports in 2015 to

6.8 million tons, while the estimated figure released in September was only 6.02 million tons, accordingto the ministry.The Vietnam Food Association cut the minimum price of exported rice twice, in May andSeptember.

http://www.thanhniennews.com/business/vietnams-rice-exports-up-in-volume-down-in-value-54407.html

Thailand, China to sign deal today for 1m tonnes of rice

PETCHANET PRATRUANGKRAI

THE NATION December 3, 2015 1:00 am

THAILAND and China will this evening ink an agreement for the sale of 1 million tonnes

of rice. The signing ceremony will be held at the Oriental Hotel in Bangkok.The rice contract will be signed between the Foreign Trade Department and China NationalCereals, Oils and Foodstuffs Corporation, a state agency for oil, rice and foodstuffimports.Commerce Minister Apiradi Tantraporn said yesterday that the details for the export ofthe new lot of rice would be further negotiated in the near future. Although it is a government-to-

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government deal, private exporters will take charge of delivery and price, as China wants onlyrice from the new crop, not old rice.

For the new rice contract, Thailand is to start the first shipment next year, after the completion ofthe existing order for 1 million tonnes, she said.Thailand has shipped 900,000 tonnes under the

existing contract, and is scheduled to deliver the rest by the end of this year.China is one of thelargest overseas markets for Thai rice. According to the Commerce Ministry, the currentmilitary-led regime has sold 2.45 million tonnes of rice worth Bt33.4 billion under G2Gcontracts during the past one and a half years. Thailand has also proposed to sell rice to othercountries on a G2G basis. cently, it offered about a million tonnes of rice to Iran. The Iraniangovernment will soon send its officials to inspect paddy fields and rice quality for furthernegotiations in Thailand.The ministry will propose its export strategy for next year to themeeting tomorrow of the International Trade Development Committee. The strategy will focuson promoting the service sector and supporting trade in automobiles and parts, electronics, and jewellery and ornaments.

http://www.nationmultimedia.com/business/Thailand-China-to-sign-deal-today-for-1m-tonnes-of-30274201.html

Haryana orders physical verification of paddy stocks 02-12-2015

IANS

Chandigarh, Dec 2 : With the opposition alleging gross irregularities in paddy

procurement, the Haryana government on Wednesday ordered physical verification of

paddy stocks by senior officers of the level of additional chief secretaries.

Chief Minister Manohar Lal Khattar on Wednesday told the state assembly that his governmentwill get paddy stocks verified in 13 districts by administrative secretaries."Senior officers have been assigned for supervising the physical verification of paddy stocks of state procurementagencies lying in rice mills. The verification is to be completed in 20 days. The physicalverification of paddy stock would be carried out under the supervision of additional chiefsecretary level officers," Khattar said.The assurance was given after the opposition Indian National Lok Dal (INLD) and the Congress demanded a probe into paddy procurement.

Both parties alleged that paddy was being hoarded by people with vested interests in the stateand sold in the market when the prices of rice internationally went high.They alleged that

farmers in the state had been cheated by buying paddy at lower cost from them.Haryana saw anunprecedented rise in paddy arrival in the state this season.Against the target of only 36 lakhtonnes arrival of paddy announced by the state government earlier, the state has seen arrival ofover 56 lakh tonnes paddy this time.

Khattar said Chief Secretary D.S. Dhesi has, in a letter to administrative secretaries, directed thatthe deputy commissioners in districts concerned would depute at least one senior gazetted


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officer, one police officer and one or two officers of the procurement agency concerned in theteam constituted for conducting physical verification.Haryana's Agriculture Minister O.P.Dhankar said the chief minister has given approval for physical verification of paddystock.Dhankar said inspection would be done of the rice millers, who have not supplied 20 percent of the rice till November 30, within the next 15 days. He said 41 millers were blacklisted

last year for not supplying rice."No complaints pertaining to irregularities in procurement process have been received so far. Paddy is procured through rice mill owners on the behalf ofgovernment agencies every year, for which necessary quota is prescribed," the minister said.http://www.newkerala.com/news/2015/fullnews-157469.html

Gov't to Import Rice from PakistanWEDNESDAY, 02 DECEMBER, 2015 | 23:00 WIBTEMPO.CO, Jakarta - The government is planning to import rice from Pakistan. "I'm finalizing thememorandum of understanding with Pakistan," said Trade Minister Thomas Trikasih Lembong onWednesday, December 2, 2015.

The minister said that the MoU will be made by both ministers to be followed up later bycompanies from both countries. "This is needed so that Bulog can send an inspection team toPakistan to see the needed quality and volume," Thomas said.Indonesia is importing rice from

Pakistan because imports from Vietnam and Thailand are not optimal. "We are late in importingrice," said Thomas.Thoman said that the El Nino threat has caused many countries to fight overrice. For example, rice from Vietnam has been ordered by China, Taiwan and thePhilippines.President Director of the National Logistis Agency (Bulog) Djarot Kusumayakti, saidthat since the import tap was opened last November, Bulog had only imported 227,000 tons ofrice out of the total one million tons import quota from Vietnam and 500,000 tons from Thailand.


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Regarding the plan to import rice from Pakistan, Djarot said that Bulog will only have to wait forthe agreement between both countries. "We're waiting for the green light," Djarot said.Workersunload imported rice from Vietnam at the Tanjung Priok port in Jakarta. Tempo/Tony Hartawan

http://en.tempo.co/read/news/2015/12/02/056724299/Govt-to-Import-Rice-from-Pakistan

Nagpur Foodgrain Prices Open-Dec 02

Wed Dec 2, 2015 2:28pm IST

Nagpur, Dec 2 Gram prices zoomed up in Nagpur Agriculture Produce and MarketingCommittee (APMC) here on good buying support from local millers amid weak arrival from producingbelts. Fresh rise on NCDEX, upward trend in Madhya Pradesh gram prices andenquiries fromSouth-based millers also jacked up prices, according to sources.

* * * *

FOODGRAINS & PULSESGRAM* Gram super best bold and medium best recovered further on renewed seasonal demandfrom local traders amid thin supply from producing regions.

TUAR* Tuar Karnataka firmed up in open market on good buying support from local tradersamid thin arrival producing belts.

* Moong Chilka showed upward tendency in open market on increased buying support fromlocal traders and thin supply from producing regions.

* Udid varieties reported down in open market in absence of buyers amid ample stock inready segment.

* Rice varieties recovered strongly in open market on good demand from local tradersamid tight supply from producing regions like Chhattisgarh and Madhya Pradesh.

* In Akola, Tuar - 10,000-10,300, Tuar dal - 15,800-16,200, Udid -13,400-13,800, Udid Mogar (clean) - 16,800-17,500, Moong -

9,700-9,900, Moong Mogar (clean) 11,000-11,400, Gram - 4,200-4,300,Gram Super best bold - 6,100-6,300 for 100 kg.

* Wheat and other commodities remained steady in open marketin weak trading activity.


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Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg

FOODGRAINS Available prices Previous closeGram Auction 4,150-4,900 4,100-4,740Gram Pink Auction n.a. 2,100-2,600

Tuar Auction n.a. 7,000-8,000Moong Auction n.a. 6,000-6,400Udid Auction n.a. 4,300-4,500Masoor Auction n.a. 2,600-2,800Gram Super Best Bold 6,600-6,800 6,700-6,900Gram Super Best n.a. n.a.Gram Medium Best 6,200-6,400 6,300-6,400Gram Dal Medium n.a. n.aGram Mill Quality 5,200-5,300 5,200-5,300Desi gram Raw 4,900-5,000 4,900-5,000Gram Filter new 5,600-5,800 5,600-5,800

Gram Kabuli 6,100-8,000 6,100-8,000Gram Pink 6,700-7,500 6,700-7,500Tuar Fataka Best 16,200-16,700 16,200-16,700Tuar Fataka Medium 15,200-15,700 15,200-15,700Tuar Dal Best Phod 14,200-14,700 14,200-14,700Tuar Dal Medium phod 12,700-13,200 12,700-13,200Tuar Gavarani New 11,000-11,600 11,000-11,600Tuar Karnataka 11,600-12,100 11,500-12,000Tuar Black 17,300-17,600 17,300-17,600Masoor dal best 7,500-7,800 7,500-7,800Masoor dal medium 6,900-7,400 7,100-7,400

Masoor n.a. n.a.Moong Mogar bold 10,900-11,800 10,900-11,800Moong Mogar Med 10,300-11,100 10,300-11,100Moong dal Chilka 8,700-9,800 8,700-9,600Moong Mill quality n.a. n.a.Moong Chamki best 9,100-9,900 9,100-9,900Udid Mogar Super best (100 INR/KG) 16,500-18,000 16,300-18,200Udid Mogar Medium (100 INR/KG) 14,000-16,000 14,200-16,200Udid Dal Black (100 INR/KG) 10,000-10,900 10,300-11,100Batri dal (100 INR/KG) 5,800-6,200 5,800-6,200Lakhodi dal (100 INR/kg) 4,900-5,100 4,900-5,100

Watana Dal (100 INR/KG) 3,000-3,200 3,000-3,200Watana White (100 INR/KG) 3,000-3,100 3,000-3,100Watana Green Best (100 INR/KG) 3,200-3,500 3,200-3,500Wheat 308 (100 INR/KG) 1,600-1,700 1,600-1,700Wheat Mill quality (100 INR/KG) 1,500-1,600 1,500-1,600Wheat Filter (100 INR/KG) 1,500-1,700 1,500-1,700Wheat Lokwan best (100 INR/KG) 2,000-2,400 2,000-2,400


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Wheat Lokwan medium (100 INR/KG) 1,850-2,100 1,950-2,100Lokwan Hath Binar (100 INR/KG) n.a. n.a.MP Sharbati Best (100 INR/KG) 3,400-4,000 3,400-4,100MP Sharbati Medium (100 INR/KG) 2,600-2,800 2,600-2,900Rice BPT best (100 INR/KG) 3,000-3,300 2,800-3,200

Rice BPT medium (100 INR/KG) 2,600-2,800 2,600-2,800Rice Parmal (100 INR/KG) 1,800-2,000 1,600-1,800Rice Swarna best (100 INR/KG) 2,200-2,550 2,100-2,450Rice Swarna medium (100 INR/KG) 1,900-2,300 1,800-2,200Rice HMT best (100 INR/KG) 3,600-3,900 3,500-3,800Rice HMT medium (100 INR/KG) 3,200-3,400 3,100-3,300Rice HMT Shriram best(100 INR/KG) 4,500-5,200 4,500-4,800Rice HMT Shriram med.(100 INR/KG) 4,100-4,600 3,900-4,400Rice Basmati best (100 INR/KG) 9,600-11,700 9,300-11,300Rice Basmati Medium (100 INR/KG) 7,600-7,900 7,300-7,700Rice Chinnor best(100 INR/KG) 5,500-6,000 5,300-5,800

Rice Chinnor medium (100 INR/KG) 4,900-5,600 4,700-5,400Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200Jowar CH-5 (100 INR/KG) 1,700-1,900 1,700-1,900

WEATHER (NAGPUR)Maximum temp. 32.0 degree Celsius (89.6 degree Fahrenheit), minimum temp.15.9 degree Celsius (59.4 degree Fahrenheit)Humidity: Highest - n.a., lowest - n.a.Rainfall : n.a.FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 35and 15 degreeCelsius respectively.

Note: n.a.--not available(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices.)http://in.reuters.com/article/nagpur-foodgrain-idINL3N13R31120151202

Rice Farmers Laud CBN's New Anchor Borrower Initiative02 Dec 2015

Crusoe OsagieThe Rice Farmers Association of Nigeria (RIFAN) has commended the Central Bank of Nigeria(CBN's) recently launched Anchor Borrower Programme aimed at driving the nation'sagricultural sector. The National President of RIFAN , Aminu Goronyo, explained that theinitiative is apt and coming at a time when the country is seeking alternative means to diversifythe economy.The Anchor Borrowers Programme is designed to assist small scale farmers toincrease the production and supply of feedstock to agro-processors. Goronyo during the launchof the scheme launched by the President, Federal Republic of Nigeria, Muhammadu Buhari in


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Birnin Kebbi, said the programme is aimed at creating an ecosystem to link out-growers (smallholder farmers) to local processors, increase banks‘ financing of the agricultural sector, enhance

capacity utilisation of agricultural firms involved in the production of identified commodities aswell as the productivity and incomes of farmers."

Firstly, as a farmer, this is aspecial day for me, a day when agovernment that symbolises positive change commences thetransformation of my sector,which is agriculture. Onceagain I wish to seize thisopportunity to extend our heartycongratulation to Mr. Presidentfor the successful assumption ofoffice, nomination and

appointment of the ministers.We remain fervently prayerfulfor God‘s Guidance and wisdom as you pilot the affairs of our dear country Nigeria," hesaid."We are in close collaboration as partners with the following critical stake holders in theagricultural development in the country these are:- National Head quarters of CBN in the designand implementation of the CBN‘s new Anchor Borrower Programme, which is being launchedtoday.

Our collaboration with the media is in the areas of information, education, sensitisation,mobilisation and campaigns to Nigerians to go back to farm and also venture into commercialagriculture especially our elites," he said.He added that the Governor of Sokoto State, Aminu

Waziri Tambual, is already fully engaged in totally revamping agriculture in the state, pointingout that his pursuit of an agricultural transformation agenda indicate the positive direction ofaffairs in the state." The language he speaks is that of farmers on the farm," he said.In his words, In Sokoto, all public servants, from governor to directors shall farm. We are proudto be farmers, farming is no longer a business for the less privileged. It is a modern, sustainable business for noble people. We will be with you, shoulder-to-shoulder, right there on your farms.These words make famers happy and encouraged the Elites in the state to venture in tocommercial agricultural production.

"He said RIFAN is in total solidarity and partnership with the present administration's agenda tofeed the country with the locally produced rice and also assured that in the next 24 months from

today, Nigeria will be able to produce more than enough rice to eat."We must not forget thetremendous efforts of Central bank of Nigeria (CBN) towards the revitalisation of agriculturalvalue chain across the country. Today‘s event is just one of its several efforts. Despite his

position as Governor of the biggest Central Bank in Africa, he often picks his phone and calls usin our villages just to ask about how we can, together, achieve President Buhari's Rice Agenda,"he added.Tags: Aminu Goronyo , Business , CBN Anchor borrow's programme , Featured , Nigeria , RIFAN

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http://www.thisdaylive.com/articles/rice-farmers-laud-cbns-new-anchor-borrower-initiative/226894/http://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.html

http://economictimes.indiatimes.com/opinion/interviews/fresh-iran-contracts-for-rice-a-very-welcome-news-for-indian-

exporters-anil-mittal-krbl/articleshow/50008837.cms

Sino-Thai produce, train deals 'are ready' 2 Dec 2015 at 18:51 3,482 viewed8 comments

WRITER: AMORNRAT MAHITTHIROOK

Deputy Prime Minister Somkid Jatusripitak, left, and Transport Minister ArkhomTermpittayapaisith assured on Wednesday that Sino-Thai rice, rubber and railway deals would be sealed in a few days as planned. (Photo by Pattarachai Preechapanich)

Thai authorities say they expect to settle details

and sign rice, rubber and railway deals withChina within the next two days as planned.Deputy Prime Minister SomkidJatusripitak on Wednesday denied a report that hehad postponed the signing of a Sino-Thaimemorandum of cooperation on the constructionof railways from the Thai-Lao border in the Northeast to Bangkok and eastern Thailand. Hesaid it was just a rumour.The signing of threeagreements on trade in Para rubber and rice andthe railway construction should happen on Dec 3-

4 as planned. Obstacles were the details andconcerned officials were instructed to settle those of the rubber and railway deals in time, MrSomkid said.He ordered Transport Minister Arkhom Termpittayapaisith to settle a loan interest rate for therailway project at a level of common benefit.Mr Somkid also said that the symbolic foundationstone-laying ceremony for the Sino-Thai railway project at the Chiang Rak Noi train station inPathum Thani province would happen on Dec 19 as scheduled but when the real constructioncould start had yet to be set.Transport Minister Arkhom said rice, rubber and train deals would be signed at the same time. He expected details of the rubber and train deals to be settled byWednesday and Thursday respectively.Commerce Minister Apiradi Tantraporn said her ministrywas ready to sign a government-to-government agreement on Dec 3 or 4 to sell 1 million tonnes

of new rice to COFCO Group which was China's state enterprise overseeing rice imports. Thesale would be based on global prices and delivery was expected to finish within 2016.The rubberdeal would cover the export of 200,000 tonnes of Thai Para rubber, she said.

Bangkok Post

APEDA Rice Commodity News

http://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.htmlhttp://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.htmlhttp://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.htmlhttp://search.bangkokpost.com/search/result_advanced?category=news&columnistName=Amornrat+Mahitthirookhttp://search.bangkokpost.com/search/result_advanced?category=news&columnistName=Amornrat+Mahitthirookhttp://search.bangkokpost.com/search/result_advanced?category=news&columnistName=Amornrat+Mahitthirookhttp://www.bangkokpost.com/news/general/782121http://www.bangkokpost.com/news/general/782121http://www.bangkokpost.com/news/general/782121http://www.bangkokpost.com/news/general/782121http://www.bangkokpost.com/news/transport/768004http://www.bangkokpost.com/news/transport/768004http://www.bangkokpost.com/news/transport/768004http://www.bangkokpost.com/news/transport/768004http://www.bangkokpost.com/news/general/782121http://www.bangkokpost.com/news/general/782121http://search.bangkokpost.com/search/result_advanced?category=news&columnistName=Amornrat+Mahitthirookhttp://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.htmlhttp://www.premiumtimesng.com/news/more-news/194289-senate-to-buhari-dont-restart-rice-importation.html


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International Benchmark PricePrice on: 02-12-2015

Product Benchmark Indicators Name Price

Garlic

1 Chinese first grade granules, CFR NW Europe (USD/t) 2100

2 Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t) 2000

3 Chinese powdered, CFR NW Europe (USD/t) 1800

Ginger

1 Chinese sliced, CIF NW Europe (USD/t) 4600

2 Chinese whole, CIF NW Europe (USD/t) 5100

3 Indian Cochin, CIF NW Europe (USD/t) 3000

Guar Gum Powder

1 Indian 100 mesh 3500 cps, FOB Kandla (USD/t) 3960

2 Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t) 1380

3 Indian 200 mesh 5000 cps, FOB Kandla (USD/t) 2480

Source:agra-net For more info

Market WatchCommodity-wise, Market-wise Daily Price on 02-12-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Rice

1 Manjeri (Kerala) Other 2800 3800

2 Dhekiajuli (Assam) Fine 2200 2600

3 Samsi (West Bengal) Fine 2790 2820

Wheat

1 Gangavathi (Karnataka) Local 1700 1750

2 Rajkot (Gujarat) Other 1725 2215

3 Katol (Maharashtra) Other 1512 1557

Papaya

1 Aroor (Kerala) Other 2200 2400

2 Muktsar (Punjab) Other 1200 1500

3 Solan (Himachal Pradesh) Other 2500 3000

Brinjal

1 Palayam (Kerala) Other 2500 2900

2 Nagpur (Maharashtra) Other 800 1200

3 Koraput (Orissa) Other 1200 1400

Source:agmarknet.nic.in For more info

Egg Rs per 100 NoPrice on 02-12-2015

Product Market Center Price

1 Pune 402

2 Chittoor 378

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3 Hyderabad 365

Source: e2necc.com

Other International Prices Unit Price : US$ per packagePrice on 01-12-2015

Product Market Center Origin Variety Low High

Onions Dry Package: 50 lb cartons

1 Atlanta Colorado Russet 17 17.75

2 Chicago Idaho Russet 13 16

3 Dallas Idaho Russet 12.50 12.50

Cucumbers Package: cartons film wrapped

1 Atlanta Mexico Long Seedless 14 14

2 Dallas California Long Seedless 17 18.50

3 Philadelphia Canada Long Seedless 9 10

Grapefruit Package: 4/5 bushel cartons

1 Atlanta Florida Red 18 18

2 Chicago Florida Red 22 24.503 New York Florida Red 15 15

Source:USDA

Fresh Iran contracts for rice a very welcome news for Indian

exporters: Anil Mittal, KRBL By ET Now | 2 Dec, 2015, 12.32PM IST"The entire industry has taken this news very positively. This year, the main confusion has been the price behaviour at the farmlevel."

ET SPECIAL:Love visual aspect of news? Enjoy this exclusive slideshows treat! In a chat with ET Now, Anil Mittal , CMD, KRBL, shares his business outlook. Excerpts:

ET Now: How will Iran's contract for rice imports from India impact the industry, and

your company in particular?

Anil Mittal: Look, the Iran news was always avery welcome news. The entire industry hastaken this news very positively. This year, themain confusion has been the price behaviour atthe farm level. Prices opened at Rs 18,000,then went up to Rs 30,000. Today, it is being

sold at Rs 25,000. This roller-coaster behaviour within a month and 20 days hasconfused everybody. Whoever had coveredtheir stocks are happy. Those who were unableto cover their stocks of raw material might runinto a problems now. KRBL never sells goods

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at the beginning of the sale season. We always sell our goods around December 30 or Januaryfirst week. By that time, we are able to take out a weighted average of the entire season.Therefore, all current KRBL shipments are happening under old contracts, at old prices.

ET Now: What kind of exports will we see from India to Iran? How do they compare with

exporting to some of the other regions?

Anil Mittal: Iran has announced that it will be buying around 600,000 tonnes of rice up toMarch 31. Out of this, the majority will be definitely Basmati. But Iran has already concluded purchase of about 100,000-150,000 tonnes of Thai rice. So, I believe up to March it will be buying around 350,000 to 400,000 tonnes of rice. Out of that, they have already concluded about250,000 tonnes. Another 100,000 tonnes remain to be concluded. Now, this rice is going to beshipped up to March. There will be a stoppage in March because of the Newruz festival. It's fourmonths till then. So, 250,000 tonnes can easily be exported to Iran by then.

ET Now: What does this additional export means in terms of your revenues and

profitability?

Anil Mittal: We have not done business with Iran because the prices there used to be quite low.So we adopted a wait-and-watch approach. KRBL has been a very small player in Iran, becauseIran buys on credit and our company does not sell anything to anybody on credit.

That is a big danger in doing business with Iran. Our Iran business may account for 5% of ourtotal revenues. But any which way, we are never eager to sell to Iran because of two reasons:their payment terms and and their buying on credit.

ET Now: Basmati prices have crashed big time. How will this news impact the prices?

Anil Mittal: There has been a big crash in prices. From Rs 40,000/tonne the year before the last,it is now down to Rs 16,000-18,000. The farmers have been the biggest sufferers.Most of the farmers in Punjab and Haryana are dependent on leased land. They have now runinto big problems. They have not even been able to meet the production cost. But some tradersand millers had covered their stock at Rs 18,000 to Rs 20,000. Those people are reaping a big bonanza now. With current prices at around Rs 25,000-26,000, they are already up by Rs7,000/tonne. However, hardly 50% crop has come so far. More than 40% has yet to come.

ET Now: You had a lacklustre last quarter. Do you see an improvement going forward?

Anil Mittal: There will definitely be an improvement in our numbers. But there is a big pressure on pricing coming this quarter.Over the full year, we will certainly come up with a better number.

Soil scientist Nyle Brady dies at 95ByMatt Hayes

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Dec. 2, 2015

Brady Nyle Brady, a longtime professor and leader in soil science at CornellUniversity, died Nov. 24 in Colorado at age 95.He joined Cornell as a professor of soil science in 1947 and served in leadership roles in the Collegeof Agriculture and Life Sciences (CALS). In 1953, he was named a professorof merit by CALS students, an award recognizing his excellence inundergraduate teaching.Brady ―was one of the giants of our field,‖ and yetknown for his personable approach to students and colleagues, according toPedro Sanchez ‗62, M.S. ‘64, Ph.D. ‘68, director of the Agriculture and FoodSecurity Center and senior research scholar at Columbia University‘s Earth

Institute, whom Brady mentored.Brady chaired the Department of Agronomy from 1955 to 1963,followed by a role as assistant dean at CALS until 1973. After retiring from Cornell in 1976, he

worked in the Philippines as director of the International Rice Research Institute to combat poverty and hunger through the improvement of rice cultivation.He received his bachelor‘s degree from Brigham Young University and his Ph.D. from theUniversity of North Carolina.―He was a giant in soil science and agriculture, and left animportant legacy in many ways,‖ said Ray Weil, professor of environmental science and

technology at the University of Maryland. The two co-authored several books still used asseminal texts in soil science.Matt Hayes is managing editor and social media officer for the College of Agriculture and LifeSciences.www.news.cornell.edu/stories/2015/12/soil-scientist-nyle-brady-dies-95

Chickadee research predicts drastic northward shift forsouthern species PUBLIC RELEASE: 2-DEC-2015

Using 2050 climate models, Lehigh University study supports growing body of research

forecasting direct and indirect effects of climate change on North American biodiversityLEHIGH UNIVERSITY

IMAGE: THESE ARE POTENTIAL DISTRIBUTIONS (FULL MODELS) PROJECTED ONTO PREDICTED CLIMATICCONDITIONS FOR THE YEAR 2050, UNDER THE GENERAL CIRCULATION MODEL HADGEM2-ES. POECILECAROLINENSIS CLIMATICALLY SUITABLE AREAS FOR REPRESENTATIVE CONCENTRATION

PATHWAYS... view moreCREDIT: MICHAEL A. MCQUILLAN AND AMBER M. RICE, LEHIGH UNIVERSITYBiologists know that climate change is causing southern species' ranges to move northward inthe Northern Hemisphere. But little research has been done on the indirect ways climate changeis influencing biodiversity, such as the poleward migration's impact on the ranges of speciesalready residing in the north. What will the distribution of species look like across NorthAmerica in the year 2050?

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New research on northern (black-capped) and southern (Carolina) species of chickadees offerssome answers. Amber Rice, assistant professor of biological science at Lehigh and her co-authorMichael A. McQuillan, a graduate student studying integrative and evolutionary biology, lookedat the predicted effects of climate change on both species of chickadee with an eye towardexamining how rising temperatures are influencing their location. They also looked at how othermatters are factoring in to the species' range limits - such as interactions between the species, likehybridization, which is when individuals from different species mate and produceoffspring.Findings from the study, published in a paper called "Differential effects of climate and

species interactions on range limits at a hybrid zone: potential direct and indirect impacts ofclimate change" in the November 2015 edition of Ecology and Evolution, have implications beyond chickadees.

"We found that climate change can both directly and indirectly affect species distributions andhybrid zone location," says McQuillan. "Additionally, our results lend support to the hypothesisthat physical factors regulate species' poleward range limits, while biological factors shape rangelimits near the equator."To begin the study, Rice and McQuillan collected information aboutwhere each of the chickadee species occurs and recorded climate information from each locationwhere the birds have been observed. Then they projected the data onto a map and identified areaswhere the climate is most suitable for each species. When they compared the suitable areas to the

areas where the birds are actually located, they found that the northern species was often absentfrom large areas with suitable climate.

"We speculated that the lack of the northern chickadee species in areas you would expect them to be could be attributed to competition or hybridization," said Professor Rice. "We discovered thatthe two types of chickadees are being affected differently: the southern species--the Carolina

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chickadee--is being pushed north due to climate change and the northern species--the black-capped chickadees--are being displaced by the southern species of chickadees as a result."Their2050 climate models forecast a drastic northward shift in suitable habitat for the southern speciesin eastern North America, which is predicted to cause a significant displacement of the northernchickadee species. In contrast, they predict there will be less overlap between the two species in

the Midwest, where the two species' ranges are affected more by precipitation than bytemperature.

Because of these different predictions for how climate will affect chickadee ranges in eastern North America versus the Midwest, Rice and McQuillan plan to use genetic approaches todetermine if selection in these two regions acts differently on hybridization. If it does, one possible outcome is that the two species might end up merging into one.

###

http://www.eurekalert.org/pub_releases/2015-12/lu-crp120215.php

Should We Eat Golden Rice? Updated December 2, 20155:06 AM ET

The "Green Moms" group displays painted baby tubs during a June 2013 protest in Quezon,Philippines, showing opposition to the genetically modified rice variety "golden rice," which proponents promote as a solution to Vitamin A deficiency. Bullit Marquez/AP

Looking at how science has affected humanity, one of the strongest indicators is the dramaticincrease in average life expectancy.During the Late Middle Ages, the average life expectancy inWestern Europe was 38 years; in Victorian England, 40. By the early 1900s, with improvementsin sanitation, vaccines and treatment of various infectious diseases, the average life expectancy

jumped to 70 in men and 75 in women. Today, in Canada, it is at 82 for men and 85 for women,respectively.A revealing correlation shows that this growth in life expectancy is directly relatedto three other growths: population, GDP per capita and CO2 emissions — all showinganaccelerated increase after 1960.Given the trend, it's natural to wonder for how long thiscorrelated growth will be sustainable. Clearly, as science and industrialization advance, there isan improvement in the overall quality of life. (This is an average improvement; rampant famineand disease affects more than one billion people in many parts of the globe.) However, thisimprovement comes with a high environmental cost. Furthermore, it depends, in ways that arehard if not impossible to quantify, on the creation of novel technological developments that haveallowed for such unprecedented growth.

As world leaders meet in Paris to ponder how to curb global carbon emissions, it is clear that forthe current level of growth to be sustained, radically new models will be necessary. Apart fromrenewable energy sources, and possibly the large-scale implementation of nuclear power as ashort- to mid-term solution (see Peter Thiel's excellent opinion piece in The New York Times),one of the most dramatic advances is in the food industry, in particular the development ofgenetically-modified plants capable of delivering essential nutrients at low cost.At first, thisshould be no-brainer: Use cutting-edge science to improve the nutrition power of foods we eat.

http://www.eurekalert.org/pub_releases/2015-12/lu-crp120215.phphttp://www.eurekalert.org/pub_releases/2015-12/lu-crp120215.phphttp://i.imgur.com/7aCrW.jpghttp://i.imgur.com/7aCrW.jpghttp://i.imgur.com/7aCrW.jpghttps://www.masterresource.org/site/uploads/2010/04/Part-II-Figure-11-1024x585.jpghttps://www.masterresource.org/site/uploads/2010/04/Part-II-Figure-11-1024x585.jpghttp://www.nytimes.com/2015/11/28/opinion/the-new-atomic-age-we-need.htmlhttp://www.nytimes.com/2015/11/28/opinion/the-new-atomic-age-we-need.htmlhttp://www.nytimes.com/2015/11/28/opinion/the-new-atomic-age-we-need.htmlhttp://www.nytimes.com/2015/11/28/opinion/the-new-atomic-age-we-need.htmlhttps://www.masterresource.org/site/uploads/2010/04/Part-II-Figure-11-1024x585.jpghttp://i.imgur.com/7aCrW.jpghttp://www.eurekalert.org/pub_releases/2015-12/lu-crp120215.php


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After all, we've been using science to improve the output of crops for centuries, if not millennia(depends on how science is defined), from plows to fertilizers. Yet, there is a strong popularresistance to such kinds of technologies, based on a deep suspicion of the true motives of labsand corporations. Are they only interested in making a profit to their investors or do they reallycare about the consumers which they serve?

An interesting case is that of the "golden rice," a genetically-modified rice that incorporates beta-

carotene, a precursor to Vitamin A. Given the importance of rice in the diets of many of theworld's countries, especially in Southeast Asia, and the high incidence of Vitamin A deficiencythere, getting both rice and Vitamin A would be a powerful ally in the fight against blindness anda host of other immune-system ailments: You eat and take your vitamins at the same time. In2012, the World Health Organization reported that about 250 million preschool children areaffected by Vitamin A deficiency and that providing these children with enough Vitamin A could prevent about a third of all under-five deaths, amounting to about 2.7 million children. The

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numbers are hair-raising.Golden rice is controlled by the Humanitarian Board, an organizationwhich includes the scientists who developed the technology, demonstrating its viability as asupplier of Vitamin A and as being environmentally safe. Apparently, Syngenta Seeds AG goesthrough the Humanitarian Board to provide seeds free of charge to qualifying farmers in poorcountries.

To have an idea of the resistance to the new technology, in Aug. 2013 an experimental plantationof golden rice was destroyed by environmentalist groups. Greenpeace has mounted a strongcampaign against it, arguing that such technologies are the wrong way to go about battlingvitamin deficiency. The group argues that they introduce new forms of life to the environment,threatening the ecological balance; they irreversibly compromise normal rice through cross- breeding; they pose health risks; they make small farmers dependent on corporations for theirseed supply. Much better to strengthen the local organic farming communities, develop homegardening abilities in the local population, teach the benefits of a well-balanced diet.It is veryhard to navigate these waters. Categorically denying the use of new technologies that have the promise of impacting, in positive ways, the lives of millions sounds like a retrograde way to proceed, as humanity faces growing pressures. On the other hand, countless corporations have

proven to be abusive to the environment and to poor populations over and over again. Theoverall suspicion of corporations as the good guys does not emerge from a vacuum.

Fortunately, such issues are, or should be, more scientific than ideological. Careful analysis andmonitoring of GMO crops is a must before products are released to costumers. Anything lesswould be majorly irresponsible, not to say unethical. Can we combine both approaches, localstrengthening of organic farming and the safe implementation of GMO crops, or are theyfundamentally incompatible? Is it possible for corporations to work together with environmentalgroups in order to clear up this mess? Being an optimist, I believe it is. But for this to happen, amajor change in mindset is needed from both ends. To pitch one against the other is fruitless.The burden of proof rests entirely with the labs and corporations that develop such new products.

They need to be more transparent, demonstrating quantitatively and conclusively — to the extentthat it's scientifically possible — the long-term safety of their practices. Science can only beuseful if it is applied within morally justified practices. This is the compact that corporationsshould build with society, a first step toward a new age of corporate responsibility.

Marcelo Gleiser is a theoretical physicist and cosmologist — and professor of natural

philosophy, physics and astronomy at Dartmouth College. He is the co-founder of 13.7, a prolific

author of papers and essays, and active promoter of science to the general public. His latest

book is The Island of Knowledge: The Limits of Science and the Search for Meaning. http://www.npr.org/sections/13.7/2015/12/02/458126451/should-we-eat-golden-rice

Kim Soo Hyun and his fans donate 11.1 tons of rice to feedthe needyDecember 2, 2015 @ 10:41 pmActor Kim Soo Hyun donated 11.1 tons of rice at The Salvation Army's Christmas kettlecampaign that took place on December 1 at Seoul Plaza!

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The rice that the actor donated at this campaign consists of 520kg of rice that fans all over theworld had sent him before the last episode of his drama 'You Who Came From The Stars'aired, 730kg commemorating Kim Soo Hyun's seventh anniversary since debut, and 9.85 tons ofrice to support the actor during the press conference for 'Producer.'

SEE ALSO: Kim Soo Hyun among the top five most influential stars in China

Since back in 2012, Kim Soo Hyun and his fans had donated a total of 20 tons ofrice to help out the less fortunate. What a great gift from a great actor just aroundthe holiday season! His act of kindness is sure to warm hearts this cold winter.

http://www.allkpop.com/article/2015/12/kim-soo-hyun-and-his-fans-donate-111-tons-of-rice-to-

feed-the-needy

U.S. rice back on EU shelves

Aunt Caroline Long Grain Rice is now available at ASDA supermarkets (owned by Walmart)

in 5kg bags following presentations from leading UK rice importer S&B Herba Foods. The

product is currently in 60 of the largest ASDA stores, with options to roll out to all 525locations during 2016.By USA Rice Federation

Posted Dec. 2, 2015 at 10:27 AM


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LONDON, UNITED KINGDOM — After an absence of almost 10 years, U.S. parboiled long grain rice is back on UK retail shelvesat the country's second largest retailer.Aunt Caroline Long Grain Rice is now available at ASDAsupermarkets (owned by Walmart) in 5kg bags following presentations from leading UK riceimporter S&B Herba Foods. The product is currently in 60 of the largest ASDA stores, withoptions to roll out to all 525 locations during 2016."We are delighted to be selling U.S. parboiledlong grain rice after such a long absence," said Peter Walker of S&B Herba Foods. "It has takena lot of time and effort to persuade retailers to see the opportunities that high quality, consistentU.S. long grain rice offers," he added.S&B Herba worked with ASDA to develop a specific size pack that would appeal to those consumers who eat large quantities of rice as part of their dailydiet and, so far, demand has been strong.

"We began the promotion during October," said Walker, "so it is early days, but the signs have been good that we are on trend for what was needed in the marketplace. With so many choices, itcan be overwhelming for consumers, but U.S. long grain has always delivered on consistencyand quality. This will hopefully open up further opportunities with other retailers."Aunt Carolineis the second identified U.S. long grain rice brand available in the UK retail segment. The firstidentified milled long grain rice brand appeared on retail shelves in March this year.USA RiceVice President for International Promotion Jim Guinn said, "In spite of tough competition, U.S.long grain rice sales have more than doubled compared to last year, reaching over 18,000 MT inthe period January-September 2015. The all-important run up to Christmas should see U.S. longgrain sales increase even more as we continue to promote the U.S reputation for quality,consistency, food safety, and sustainability."

http://www.stuttgartdailyleader.com/article/20151202/NEWS/151209941CCC Announces

Prevailing World Market Prices

WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporationtoday announcedthe following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yieldsand location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) ratesapplicable to the 2015 crop, which will become effective today at 7:00 a.m., Eastern Time (ET). Pricesare unchanged from the previous announcement.

World PriceMLG/LDP

Rate

Milled Value

($/cwt) Rough

($/cwt) Rough ($/cwt)

Long Grain 15.10 9.53 0.00

Medium/Short Grain 14.60 9.79 0.00

Brokens 9.11 ---- ----

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25/26



This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. millingyields and the corresponding loan rates:

U.S. Milling Yields

Whole/Broken

(lbs/cwt)

Loan Rate

($/cwt)

Long Grain 55.01/13.46 6.50

Medium/Short Grain 61.81/8.43 6.50

The next program announcement is scheduled for December 9, 2015.

2015 USA Rice Outlook Conference One Week Away NEW ORLEANS, LA -- The largest annual meeting of the U.S.rice industry, the USA Rice Outlook Conference, is set to takeover the New Orleans Sheraton here next week. Conferenceregistration is closing in on breaking the all-time attendancerecord set in 2000.

As always, the conference features a rice-specific trade showwith new expanded exhibit hours and networkingopportunities. The recipients of theRice Farmer of the Year,Rice Industry Award and Rice Lifetime Achievement Awardhonors will be announced at the annual Rice Awards Luncheon,which also will feature presentations of the USA RiceDistinguished Conservation Achievement Award and the 2015 National Rice Month Scholarship grand prize. Members of theRice Leadership Development Program's new class will beannounced as well.

Other conference highlights include a keynote session with married political strategists MaryMatalin and James Carville, a conversation with Congressman Ralph Abraham (R-LA), and anexciting session on the Future of Food.

Rice state outlook and research reports, and detailed political, economic, and weather analysisare also on the program.

The members of the new Rice Leadership Development class will also be announced during theconference.

"The USA Rice Outlook Conference is an important educational forum for the industry, and thisyear we have a particularly exciting program lined up," said USA Rice President & CEO BetsyWard. "We look forward to seeing farmers from all rice-growing states and representatives

http://r20.rs6.net/tn.jsp?f=001UkysUQp94wUjL6uFpPjCEHcOZKdN3j5t0lPhwfvOh4x9dYAhP35Jbi5lpErGmCrFk1mYa6d4T9-mTR_-A4ufRLv4zlCw1XorytdSuCD98r56xzQFNdPLfsI3n811amDY4yJdVDUjF2qBeVewU8y1X7qBWbIIbJOmPVbgqg22FhmkYIuMeRoV3rxozdLBdCrPCOeu3NTDWqOA_PX84el8LMWrdH9djSeRwSSrZZt83wyVKD4ISLW0s2s6-qQGhTddLQyPbztnaopo8AJrXzQWh091fLrZGLZPC-uRHA5Yuk492Ps-9-goqAVH5dC3kWl5jGI9HGGZfSsqc4RNir7sDc-K7MgYkojVcX-bwGr95j-PsDJWpoTZkfLbIQqYIOKJFF4xkeKItgyBFTEh3W3fylmS4st5JRtqWtvtyx2i9nMxcRIQk0PujXmfu7QuwBvzic-4S24LwUDRNlVtSXH6p3ZQ2qS0FyV9hLeoWQyi-G4=&c=2M2kZSDl6o2PVFDFDHvAFSaLJ1Ry5LTLDhJt-tUQIysjlI_J0RE2Dg==&ch=SbHLaEBODc724JaN8D-rfcfw-rAsFg8HxBft_SWGvCvXVsEc1k_91A==


26/26



from throughout the industry in the Big Easy."

Contact: Michael Klein (703) 236-1458

CME Group/Closing Rough Rice Futures

CME Group (Prelim): Closing Rough Rice Futures for December 2

Month Price Net Change

January 2016 $11.395 - $0.320

March 2016 $11.655 - $0.320

May 2016 $11.950 - $0.320

July 2016 $12.215 - $0.305

September 2016 $12.070 - $0.320

November 2016 $12.085 - $0.320

January 2017 $12.085 - $0.320

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