4th june,2015 daily exclusive oryza e rice newsletter by riceplus magazine

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

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June 4 ,2015




Rice Paddies Can be A Source of Electricity!

Jun 03, 2015

Dutch scientists have developed a system called Plant-e, which can produce electric energy from

living water-logged plants such as rice, according to AsiaOne News.The co-founder of Plant-e

told reporters that the system was developed by in 2009 by the Wageningen University

researchers. The system generates electricity by harnessing the excess organic matter produced

by the rice plant during photosynthesis, which is expelled through the plant roots and is usually

consumed by micro-organisms. Two carbon electrodes placed close to the roots will generate

electricity from the roots. Electricity stops being produced if the water at the roots evaporates,

dries up or freezes. Adding water would again restart the electricity-generation process, said the

co-founder of the system.




She said though generating energy from plants is not novel, the Plant-e system is non-invasive

and does not damage the plants. Moreover, the power generated is clean energy. It is better than

solar or wind power as it can be generated without wind and even at nights.The company, based

in Netherlands, sells the Plant-e system, consisting of 60-centimeter square plastic plates

containing the technology. These plates can hold the plants intact and help in uninterrupted

power generation. However, the system is pretty costly and cannot be afforded by individuals.

Systems covering an area of 100 square meters are priced at around 60,000 euros ($66,000).

They provide power sufficient to charge a mobile phone, power some LED lights or a wireless

internet access point.

The Dutch government has already helped install two large-scale systems in the Netherlands on a

road bridge and a hi-tech startup campus at a total cost of 120,000 euros (around $132,00). The

founders are optimistic that with further government support, the systems can provide about 80%

of the electricity needs of an average Dutch family.They say the systems are more useful for

South and South East Asian countries, which are major producers of rice.

Global Rice Quotes

June 3rd, 2015

Long grain white rice - high quality

Thailand 100% B grade 375-385 ↔

Vietnam 5% broken 350-360 ↔

India 5% broken 375-385 ↔

Pakistan 5% broken 390-400 ↑

Myanmar 5% broken 415-425 ↔

Cambodia 5% broken 430-440 ↔

U.S. 4% broken 465-475 ↔

Uruguay 5% broken 565-575 ↔

Argentina 5% broken 555-565 ↔




Long grain white rice - low quality

Thailand 25% broken 345-355 ↔


Pakistan 25% broken 350-360 ↑

Cambodia 25% broken 410-420 ↔

India 25% broken 350-360 ↔

U.S. 15% broken 455-465 ↔

Long grain parboiled rice

Thailand parboiled 100% stxd 365-375 ↔

Pakistan parboiled 5% broken stxd 410-420 ↔

India parboiled 5% broken stxd 355-365 ↔

U.S. parboiled 4% broken 555-565 ↔

Brazil parboiled 5% broken 570-580 ↔

Uruguay parboiled 5% broken NQ ↔

Long grain fragrant rice

Thailand Hommali 92% 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 295-305 ↓

Cambodia A1 Super 350-360 ↔

India 100% broken stxd 280-290 ↔

Egypt medium grain brokens NQ ↔

U.S. pet food 365-375 ↔

Brazil half grain NQ ↔

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

Brazil Paddy Rice Index Declines About

2.5% from Last Week

Jun 03, 2015

The Brazilian paddy

rice index maintained

by CEPEA reached

around 33.28 real per

50 kilograms as of

June 2, 2015, down

about 2.5% from

around 34.12 real per

50 kilograms

recorded on May 26,




2015.In terms of USD per ton, the index reached around $212 per ton on June 2, 2015, down

about 4% from around $221 per ton recorded on May 26, 2015.

Heat Wave and Below-Average Monsoon

May Impact India's 2015 Main Rice Crop

Planting, Say Analysts

Jun 03, 2015

The ongoing heat wave and expected below-average rainfall during the monsoon season is likely

to delay the sowing of main/kharif (June - December) rice crop, say analysts. Though kharif rice

seems to have picked up over the last few weeks, experts say it may not sustain due to excessive

heat, especially in top rice-growing states such as Punjab and Andhra Pradesh, according to local




sources.Andhra Pradesh rice farmers are being advised to sow shorter duration paddy varieties,

typically ranging from 125-130 days duration instead of 180-one, due to persisting heat wave in

the country as well as expected below average rainfall.

Also since reservoirs are not of their full capacity, farmers will have to depend on pump

irrigation, which is a costly affair. Farmers in most parts of the country are compromising with

two irrigation cycles instead of six, according to the Chairman of a farmers' union.Meanwhile, in

its second forecast for 2015, the India Meteorological Department (IMD) has its estimate for this

year's monsoon rains to 88% of normal, from a previous estimate of 93% due to reports of a

strengthening El Nino. It is expecting rainfall to be 85% of the normal in the states of Haryana,

Punjab, Rajasthan and Uttar Pradesh. The IMD expects the El Nino pattern to reach to moderate

to a strong one during the monsoon season. India average wholesale rice prices continued to

increase for the third consecutive month in May 2015 due to expected lower production from the

just being completed Rabi secondary rice crop (November - May) and expected below-average

rainfall. However, adequate rice stocks are expected to fulfill the country's domestic and export

needs as well as curtail excessive price hikes and inflation.

This year's kharif rice sowing has reached around 308,000 hectares as of May 29, 2015; up about

21% from around 254,000 hectares planted during the same period last year, according to the

Agriculture Ministry data.The government of India, in its third advance estimates for major

crops, has estimated India's rice production for 2014-15 marketing year (October 2014 -

September 2015) at around 102.54 million tons, down about 4% from an estimated 106.65

million tons in 2013-14, according to a statement from the agriculture Ministry.

Indonesia Aims to Procure 2.75 Million Tons

of Rice in 2015

Jun 03, 2015

Indonesia's state logistics agency Bulog is aiming to procure 2.75 million tons of rice this year,

about 14% below the initially targeted 3.2 million tons, despite an increase in the government

purchase price (Harga pokok penjualan, HPP), according to local sources. Though the

government increased the HPP by about 10% to around Rp7,260 per kilogram (around $577 per

ton) from the existing Rp6,600 per kilogram (around $524 per ton) to encourage farmers to sell

their paddy to Bulog. However, the decision failed to have a positive effect on government rice




procurement. Recently, the State-owned Enterprises Minister slammed the Bulog for its slow and

inefficient procurement process during the ongoing harvest.

The government is likely to take a decision on rice imports after the Ramzan festive season in

July. It initially planned to avoid imports this year. But based on slow procurement figures, it

may have to reconsider its decision on imports. The Indonesian government is keen on

increasing 2015 paddy rice production by about 4% to around 73.4 million tons (around 48.44

million tons, basis milled) from an estimated 70.61 million tons (around 46.65 million tons, basis

milled) in 2014. Indonesia imported 425,000 tons of rice from Thailand and Vietnam in 2014.

According to the UN's FAO, average domestic rice prices in Indonesia have been increasing

since September 2014 and reached a high of around 10.375 million Rupiah (around $790) per ton

in March 2015. The prices reversed slightly in April 2015 due to the ongoing procurement

activity by the government. The decline continued in May as well.




Oryza Overnight Recap – Chicago Rough

Rice Futures Slip Slightly Overnight, Pulled

Lower by Softer Oil and Grain Prices

Jun 03, 2015

rice futures for Jul delivery are currently seen trading 0.5 cents per cwt (about $0.11 per ton)

lower at $9.770 per cwt (about $215 per ton) ahead of floor trading in Chicago. The other grains

are seen trading lower; soybeans are currently seen trading about 0.5% lower, wheat is listed

about 0.2% lower and corn is currently noted about 0.2% lower.U.S. stock index futures traded

higher on Wednesday, pointing to a positive open as investors looked ahead to U.S. economic

reports amid European Central Bank President Mario Draghi's remarks.

At a press conference Draghi reaffirmed the continuation of ECB's asset purchase program and

said he wants Greece to stay in the euro zone. He would not comment on the Greece debt talks.

Earlier in the day, the ECB left the benchmark interest rate unchanged at 0.05%, as expected.

Greek Prime Minister Alexis Tsipras will meet senior European officials later in the day in

Brussels, where he is expected to hear the terms of a plan drawn up this week by top

policymakers including German Chancellor Angela Merkel, Reuters said. Athens faces a 300

million euro payment deadline to the International Monetary Fund this Friday. European stocks

traded higher on Wednesday, with the German DAX outperforming with a 1.3% gain, and the

Greece ATHEX Composite surging 4.5%.

The Dow Jones index futures briefly extended gains to more than 110 points higher. U.S. stocks

closed slightly lower on Tuesday, struggling to hold momentum. Asian shares had a mixed

session, with only the Hang Seng posting gains. Other economic data out on Wednesday include

the non-manufacturing report from the Institute for Supply Management (ISM) at 10:00 a.m.

ET and the Federal Reserve's Beige Book at 2:00 p.m. Gold is currently trading about 0.2%

lower, crude oil is seen trading about 1.6% lower, and the U.S. dollar is currently trading about

0.3% higher at 8:15am Chicago time.

Pakistan Rice Quotes Mixed Today; Other

Asia Rice Quotes Unchanged




Jun 03, 2015

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

per ton and about a $15 per ton to about $390-$400 per ton and $350-$360 per ton,

respectively, and lowered their quotes for 100% broken rice by about a $10 per ton to about

$295 - $305 per ton today. Asia rice sellers kept their quotes mostly unchanged today.

5% Broken Rice

Thailand 5% rice is indicated at around $365 - $375 per ton, about a $15 per ton premium on

Vietnam 5% rice shown at around $350 - $360 per ton.

India 5% rice is indicated at around $375 - $385 per ton, about a $15 per ton discount to Pakistan

5% rice shown at around $390 - $400per ton, up about a $5 per ton from yesterday.

25% Broken Rice

Thailand 25% rice is shown at around $345 - $355 per ton, about a $20 per ton premium on

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

India 25% rice is indicated at around $350 - $360, on par with Pakistan 25% rice shown at

around $350 - $360 per ton, up about a $15 per ton from yesterday.

Parboiled Rice

Thailand parboiled rice is indicated at around $365 - $375 per ton.

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

Pakistan parboiled rice shown at around $410 - $420 per ton.

100% Broken Rice

Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, 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 $280 - $290 per ton, about a $15 per ton discount

to Pakistan broken sortexed rice shown at around $295 - $305 per ton, down about a $10 per ton from

yesterday

Oryza U.S. Rough Rice Recap - Offers

Increase with Futures in Anticipation of New

Iraqi Tender

Jun 03, 2015

The U.S. cash market was slightly firmer again today with offers increasing in tandem with the

board while bids remained mostly flat with little demand to justify coming to seller

offers.Analysts note that there is more and more confidence in the market the U.S. will get a

piece of the next Iraqi Grain Board tender however they have still yet to announce this tender

and there are still many who think the chance of U.S. origin being awarded is slim.

Oryza Afternoon Recap - Chicago Rough

Rice Futures March Higher; Wheat Rallies in

Early Trade but Retraces to Settle Slightly

Lower

Jun 03, 2015

Chicago rough rice futures for Jul delivery settled 9 cents per cwt (about $2 per ton) higher at

$9.865 per cwt (about $217 per ton). The other grains finished the day with mixed results, after

trading over 2% higher wheat gave back early gains to close slightly lower; Soybeans closed

about 0.6% lower at $9.3525 per bushel; wheat finished about 0.3% lower at $5.1075 per bushel,

and corn finished the day unchanged at $3.5900 per bushel.U.S. stocks traded higher on

Wednesday as investors looked for signals in economic data that could strengthen the case for

tightening and awaited developments in the Greek debt talks. After mixed morning data,

investors awaited the 2:00 p.m. release of the Beige Book, the Federal Reserve's latest report on




the U.S. economy. The Dow Jones industrial average pared gains to trade about 80 points higher.

The Dow transports traded more than 1% higher.

Earlier, the blue chip index gained more than 150 points and the Nasdaq Composite topped its

record close of 5,106.59. Greek Prime Minister Alexis Tsipras agreed in a telephone

conversation with German Chancellor Angela Merkel and French President Francois Hollande

on the need for an immediate solution involving a lower primary budget surplus target for

Greece, a Greek official said in a Reuters report. European stocks closed mostly higher as

investors eyed Greece negotiations and unchanged central bank policy. U.S. data continued to

show moderate growth in the second quarter.

The ISM non-manufacturing index for May came in at 55.7, nearly a year low. Analysts

expected the figure to slip to 57 in May from 57.8 in April. The U.S. Markit PMI Services read

for May showed a slight decline from April and came in below expectations at 56.2. The Dow

Jones Industrial Average traded up 80 points, or 0.44%, at 18,090. The S&P 500 traded up 4

points, or 0.22%, at 2,114, with telecommunications leading seven sectors higher and utilities the

greatest laggard. The Nasdaq traded up 19 points, or 0.38%, at 5,095. Gold is trading about 0.9%

lower, crude oil is seen trading about 2.8% lower, and the U.S. dollar is seen trading about 0.4%

lower at about 1:00pm Chicago time.Tuesday, there were 707 contracts traded, down from 1,052

contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday

increased by 45 contracts to 12,232.

4th june,2015 daily exclusive oryza e rice newsletter by riceplus magazine

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