Daily Global Rice E-Newsletter by Riceplus Magazine 1 Daily Rice Global, Regional & Regional is shared by Ricepus Magazine-Newsletter is viewed by international Rice related institutes and allied stake holders For advertisement on Website ,blog and in daily Newsletters Contact: [email protected]November 05,2015 Vol 5, Issue XI www.riceplusmagazine.blogspot.com
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Daily Global Rice E-Newsletter by Riceplus Magazine
1
Daily Rice Global, Regional & Regional is shared by Ricepus Magazine-Newsletter is viewed by international Rice related institutes and allied stake holders
For advertisement on Website ,blog and in daily Newsletters Contact: [email protected]
November 05,2015 Vol 5, Issue XI
www.riceplusmagazine.blogspot.com
Daily Global Rice E-Newsletter by Riceplus Magazine
2
Rice News Headlines...
Sugar unavailable at utility stores in Multan, rice selling at lower price
Revival of rice export to Iran not possible sans currency swap deal
IPAB reserves order on Basmati-GI dispute
Iran yet to issue fresh orders for rice imports
More rice imports required next year
Lando, El Niño impact may hike rice imports by 1.3 MMT in 2016
Inflation rate stays at 0.4% in October, but NEDA chief flags
APEDA Commodity India News
Nagpur Foodgrain Prices Open-November 05
11/05/2015 Farm Bureau Market Report
Arkansas Farm Bureau Daily Commodity Report
Groups condemn additional rice imports
Rice Investors Brace for the Worst as Smugglers Prosper Again
MEXICO READY TO PURCHASE GUYANA RICE FOLLOWING VENEZUELA‘S
REFUSAL TO RENEW EXCHANGE ACCORD
Mandis to receive 40% more paddy this year: Prasad
Mississippi entomologists report on benefits of neonicotinoid seed treatments on rice
USA Rice Welcomes New Rice Stewardship Partnership Coordinator
U.S. Releases Full TPP Text
Weekly Rice Sales, Exports Reported
The Mediterranean diet— with a twist
News Detail...
Sugar unavailable at utility stores in Multan, rice selling at lower
price
Sugar has not been
available at the sale
outlets of Utility Stores
Corporation (USC) for the
last few months, while
rice and other
commodities have been
selling at the USC outlets
at lower prices, USC
Multan zone officials said
on Wednesday.Grocers
Association President
Multan Afaq Ansari,
however, said that sugar
was available in
Daily Global Rice E-Newsletter by Riceplus Magazine
3
abundance in the local market at reasonable price.
He said that they were obtaining sugar from markets at Rs 55/kg and selling at Rs 60 per kg at retail
outlets in the open market.USC officials said that they did not receive supply of sugar from the head
office and thus the commodity was missing from their sale points.They said that USC used to obtain
sugar supply through Trading Corporation of Pakistan (TCP) but now the open tender process was
being adopted which had not yet ensured sugar supply to USC outlets.They said that 90 USC stores
were operating in Multan district and they had been selling sugar at Rs 57/kg before their stocks
exhausted few months ago.They, however, added that Ghee, flour, pulses, rice and other
commodities were available at a price far lower than the open market price.The officials said that the
companies had reduced prices of branded rice while the rice in USC packing was available at only Rs
67 per kilogram which in local market was carrying a much higher price tag.
IPAB reserves order on Basmati-GI dispute Various parties related to the dispute completed argument in three consecutive days BS Reporter | Chennai November 5, 2015 Last Updated at 18:46 IST
MP argues for inclusion of the region under GI tag for basmatiBasmati rice exporters in a fix over falling
pricesBasmati exporters' realisations down 18%IPAB sets aside order passed against LupinIPAB sets
aside Patent Office's order in an appeal of HUL
The Intellectual Property Appellate Board (IPAB) has reserved
orders on the dispute between the Agricultural and Processed
Food Products Export Development Authority (Apeda) and the
State of Madhya Pradesh and others related to Geographical
Indications (GI) tag forbasmati rice, after three consecutive days
of hearing.Hearing various parties related to the dispute, including
APEDA, Madhya Pradesh Government, various organisations
namely New Darpan Social Welfare Society, Madhya Kshetra
Basmati Rice Exporters Association and Basmati Growers
Daily Global Rice E-Newsletter by Riceplus Magazine
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Association of Patiala, and private companies namely Daawat Foods Ltd, SSA International Ltd and
Narmada Cereals Pvt Ltd, the bench comprising ofIPAB Chairman Justice K N Basha and Technical
Member (Trade Marks) Sanjeev Kumar Chaswal decided to reserve the orders.
J Sai Deepak, the counsel for the State of Madhya Pradesh and for other parties including Daawat Foods
argued that not adding Madhya Pradesh under the GI for Basmati would have an impact on around 80,000
farmers in the region. He argued that the State's claim is to include 13 districts/regions in Madhya Pradesh
in the GI.During the hearing, Senior Advocate P S Raman, who appeared for Apeda, argued that Madhya
Pradesh is not a State which is in the Indo-Gangetic Plane (IGP) where Basmati rice is being cultivated
traditionally. It also argued that while the state claims that the rice produced there has charecteristics of
Basmati, the temperature and the day length in the State is different from the traditional Basmati
producing States and thus, it cannot be included under the GI.
While the New Darpan Social Welfare Society sought the Board to give the relief the State of Madhya
Pradesh has sought, P V Yogeswaran, counsel appearing for Basmati Growers Association of Patiala
argued that the GI should be given to places where the quality and reputation for Basmati are there.
Meanwhile a dispute raised by the Basmati Growers Association from Pakistan has been kept aside for
further hearing later.The dispute emerged after Apeda filed an application with the GI Registry to register
the name basmati for rice covering Punjab, Haryana, Delhi, Himachal Pradesh, Uttarakhand and a part of
Uttar Pradesh and Jammu and Kashmir. The State of Madhya Pradesh and others raised opposition
against the GI application seeking inclusion of the State into the GI for Basmati.
The assistant registrar of the GI Registry issued an order on December 31, 2013, in which it directed the
Apeda to file an amended GI application including the uncovered area, with map of the region clearly
demarcating the area of production within 60 days from the date of the order.Apeda filed appeal with the
IPAB against the order. Apeda has earlier filed an application for registration of basmati as GI in class 30
under the Geographical Indications of Goods (Registration & Protection) Act, 1999, without including
area in MP.The rice growers and producers claimed the rice produced in MP, particularly Morena, Bhind,
Lando, El Niño impact may hike rice imports by 1.3 MMT in
2016 by Cai Ordinario - November 5, 2015
The interagency El Niño Task Force estimates that an additional importation of 1.3 million
metric tons (MMT) of rice is needed in the first semester of 2016.If the recommendation of the
task force is adopted by the National Food Authority (NFA) Council and approved by the
President, the country will be importing a total of 1.8 MMT of rice next year.This year the NFA
Council already approved an importation of 500,000 MT, which the government said will be
arriving in the first quarter of 2016.―Our recent assessment is that would probably have to be 1.3
MMT; but that‘s not final. We asked the Department of Agriculture [DA] that they also reassess
the numbers so we have to compare notes when they have done their homework.
But, obviously, we will need more for the second quarter,‖ Socioeconomic Planning Secretary
Arsenio M. Balisacan told reporters on Thursday.This new estimate, Balisacan said, is an
increase from the initial estimate of 1 MMT, which was made by the El Niño Task Force before
Typhoon Lando devastated Central Luzon, the country‘s ―rice bowl.‖The DA reported that as of
October 26, the extent of the damage caused by Typhoon Lando has reached P8.45 billion worth
of production losses covering crops, livestock and fisheries, as well as infrastructure.The total
production losses reached P8.42 billion. The largest production loss was in rice worth P7.21
billion, followed by high-value crops, P780.27 million.―Typhoon Lando has caused us to lose
300,000 MT of rice equivalent. But we are revalidating that because, on the other hand, the
drought was reduced. There are provinces where the months of dry spell were cut. On the other
hand, new provinces were affected by the [typhoon],‖ Balisacan said.
Apart from the additional importation of rice, the El Niño Task Force also estimated that the
amount needed to address the impact of the dry spell may be higher than expected.Balisacan
earlier said interventions to mitigate the impact of El Niño on 66 provinces will require P19.2
billion. This will finance cash-for-work programs worth P2.9 billion this year and P7.3 billion in
the first semester of next year.He added that a budget of P1.3 billion was initially earmarked for
the remaining months of 2015 and P1.9 billion for the first semester of 2016 by the Department
of Social Welfare and Development for food stamps.―It‘s a little bit more than that,‖ Balisacan
said. ―I don‘t think we should focus now on the total amount because what we are precisely
being asked to do is to reconfirm the numbers, especially to ensure that the implementing
agencies can actually implement their program because we don‘t want to have a situation where
we park the money to an agency and it‘s not utilized.‖Balisacan said the government has already
identified seven provinces that are being affected by El Niño.
These are Quirino, Aurora, Quezon, Bohol, Siquijor, Camiguin and Misamis Oriental.He said by
the end of the month toward November 2015, the number of provinces affected by the drought
Daily Global Rice E-Newsletter by Riceplus Magazine
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will more than double to 16 provinces. By the end of the first semester next year, some 66
provinces nationwide are expected to have been affected by El Niño.
http://www.businessmirror.com.ph/lando-el-nino-impact-may-hike-rice-imports-by-1-3-mmt-in-201 Socioeconomic Planning Sec. and NEDA Director General Arsenio Balisacan: environment favorable for low inflation, but El
Niño poses upside risks.
Inflation rate stays at 0.4% in October, but NEDA chief
flags
InterAksyon.com means BUSINESS
MANILA - With most food
prices stable and power and
fuel price movements still
low, inflation stayed at 0.4
percent in October 2015, the
same rate registered in the
previous month, according to
the National Economic and
Development Authority
(NEDA).The Philippine
Statistics Authority reported
Thursday that headline
inflation rate remained at 0.4
percent in October 2015, well
within the Bangko Sentral ng Pilipinas forecast of 0.1-0.9 percent for the period.
This is also lower than the 3.2 percent recorded in October 2014.―The current low inflation
environment is expected to continue throughout the year. This will largely be due to favorable
supply-side factors such as the availability of ample food supply and low international oil
prices,‖ said Socioeconomic Planning Secretary and NEDA chief Arsenio M. Balisacan.At the
same time, however, Balisacan said that while the environment remains favorable for low
inflation, it is important to brace for the upside risks of El Niño and its impact on consumer
prices.Such risks would come mainly from farms getting drier, thus affecting food supply; and
energy costs impacted by capacity shortfalls as some hydropower plants get affected by
drought.Inflation for the food subgroup remained stable in October 2015 due to large price
declines in bread and cereal, rice and corn.
―These offset the slight price increase in some food items such as meat and vegetables on
account of the damage caused by Typhoon Lando which affected supply,‖ the Cabinet official
said.Lower prices in electricity, gas and other fuels continued on the back of a lower generation
charge in October 2015. Prices of gasoline, kerosene, diesel, and LPG likewise remained
relatively lower due to the persistent downward movement of international crude oil
Maximum temp. 32.3 degree Celsius (90.1 degree Fahrenheit), minimum temp.
19.9 degree Celsius (67.8 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 32
and 20 degree Celsius 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/2015/11/05/nagpur-foodgrain-idINL3N1303DG20151105
11/05/2015 Farm Bureau Market Report Rice
High Low
Long Grain Cash Bids
Daily Global Rice E-Newsletter by Riceplus Magazine
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Long Grain New Crop
Futures: ROUGH RICE
High Low Last Change
Nov '15 1216.0 1216.0 1219.0 +2.0
Jan '16 1248.5 1235.0 1245.5 +1.0
Mar '16 1274.0 1264.0 1271.5 +1.0
May '16
1296.5 +1.0
Jul '16
1320.5 +1.5
Sep '16
1281.5 +1.5
Nov '16
1281.5 +1.5
Rice Comment Rice futures were higher again today. Global production problems have helped support the market since the
summer. Traders will begin rolling out of November contracts soon to avoid delivery as the contract expires.
January completed a 62% retracement on Thursday to $11.55 and has bounced off support at that level and has
put 90 cents back on the market. Arkansas Farm Bureau Daily Commodity Report Rice
High Low
Long Grain Cash Bids
Long Grain New Crop
Futures:
High Low Last Change
Nov '15 1216.0 1216.0 1219.0 +2.0
Jan '16 1248.5 1235.0 1245.5 +1.0
Mar '16 1274.0 1264.0 1271.5 +1.0
May '16 1296.5 +1.0
Jul '16 1320.5 +1.5
Sep '16 1281.5 +1.5
Nov '16 1281.5 +1.5
Rice Comment
Rice futures were higher again today. Global production problems have helped support the
market since the summer. Traders will begin rolling out of November contracts soon to
avoid delivery as the contract expires. January completed a 62% retracement on Thursday
Daily Global Rice E-Newsletter by Riceplus Magazine
17
to $11.55 and has bounced off support at that level and has put 90 cents back on the
market.
http://www.arfb.com/mobile/commodity.aspx
Groups condemn additional rice imports posted November 05, 2015 at 12:01 am by Dexter A. See
ROSALES, Pangasinan—Agricultural groups have condemned the announcement of National
Economic and Development Authority director-general Arsenio Balisacan that the agency was
proposing the importation of an additional 1 million metric tons of rice for the first quarter 2016.
Samahang Industriya sa Agrikultura chairman and Abono Party-list chairman Rosendo So said
they would instead prefer an increased budget for crop insurance to broaden the scope of the
farmers whose crops were affected by natural calamities.The additional funds would also help in
the irrigation of crop fields to sustain the production of rice farmers.
―Instead of justifying the need for another round of rice importation bonanza that are only
helping the rice industry of other countries, we appeal to the government to provide all possible
incentives to help our rice farmers recover from Typhoon Lando,‖ So stated. According to their
statement, imported rice would cost $415 per metric ton. The amount could be channeled to
subsidize seeds, farm inputs and irrigation, and the broadened insurance coverage.Sinag and
Abono Party-list also demanded the government to increase the budget allotted for Philippine
Crop Insurance Corp. The government‘s allocated budget was P1.6 billion. They said that the
increase in budget would help the agency in broadening the scope of insurance grantees.