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Daily Global Rice E-Newsletter by Riceplus Magazine Contact us for Advertisement & Specs: Today’s News Headlines… FPCCI advises rice exporters to seek zero-rated tax status Addressing problems: FPCCI advises rice exporters to prepare proposal Rice millers, growers express concern on low paddy price China reveals “magic” land treatment success. Indonesia's new president targets food self- sustainability Surprise Rice Price Fall on Harvest News Agri experts raise alarm as Basmati rice prices crash in MP MoU signed on rice, ecosystem MMTC, STC float tenders for import of 40k tonne rice. Arkansas Farm Bureau Daily Commodity Report History: More than a crop, rice was an industry Keeping Arsenic Out Of Rice AFRICA INVESTMENT-Africa's richest man targets Nigeria's rice deficit A Recipe for Curried Rice With Smoked Haddock and Eggs Time for another Green Revolution USA Rice Leadership Class Alumnus Visit China AARQ Association for the Administration of Rice Quotas, Inc Contact & Visit www.ricepluss.com mujahid.riceplus@gmail.com 7 th Floor,Suite 11 Central Plaza New Garden Town Lahore-54600 Landline :92 3584 5551 For Advertisement Specs & Rates: Contact: mujahid.riceplus@gmail.com 92 321 3692874 Daily Global Rice E-Newsletter 7 th November, 2014 www.ricepluss.com
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  • Daily Global Rice E-Newsletter by Riceplus Magazine

    Contact us for Advertisement & Specs: mujahid.riceplus@gmail.com +92 321 369 2847

    Todays News Headlines

    FPCCI advises rice exporters to seek zero-rated tax status

    Addressing problems: FPCCI advises rice exporters to prepare proposal

    Rice millers, growers express concern on low paddy price

    China reveals magic land treatment success. Indonesia's new president targets food self-

    sustainability

    Surprise Rice Price Fall on Harvest News Agri experts raise alarm as Basmati rice prices

    crash in MP

    MoU signed on rice, ecosystem MMTC, STC float tenders for import of 40k tonne

    rice.

    Arkansas Farm Bureau Daily Commodity Report History: More than a crop, rice was an industry Keeping Arsenic Out Of Rice AFRICA INVESTMENT-Africa's richest man

    targets Nigeria's rice deficit

    A Recipe for Curried Rice With Smoked Haddock and Eggs

    Time for another Green Revolution USA Rice Leadership Class Alumnus Visit China AARQ Association for the Administration of Rice

    Quotas, Inc

    Contact & Visit

    www.ricepluss.com mujahid.riceplus@gmail.com

    7th Floor,Suite 11 Central Plaza New Garden Town Lahore-54600 Landline :92 3584 5551

    For Advertisement Specs & Rates: Contact: mujahid.riceplus@gmail.com 92 321 3692874

    Daily Global Rice E-Newsletter 7th November, 2014

    www.ricepluss.com

  • Daily Global Rice E-Newsletter by Riceplus Magazine

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    News Detail.

    FPCCI advises rice exporters

    to seek zero-rated tax status

    our correspondent

    Friday, November 07, 2014

    From Print Edition

    KARACHI: The Federation of Pakistan

    Chambers of Commerce and Industry

    (FPCCI) on Thursday advised the rice

    exporters to prepare proposals for the

    government to clinch zero-rated tax

    status.

    President FPCCI Zakaria Usman, in a

    meeting with a delegation of Rice Exporters

    Association of Pakistan (Reap), discussed

    various problems, which are causing high

    cost to rice exports, eroding the competitive

    edge in the global market. Usman suggested

    the exporters to submit proposals for the

    government to include rice in the list of

    sectors operating under zero-rated sales tax

    regime, such as textile, leather, surgical

    goods, exportable goods and carpet

    industries.

    He further advised the delegation to prepare

    proposals to seek export development fund

    (EDF) for the installation of a dedicated line

    from K-Electric feeder to their cluster area

    to ensure smooth supply of power. Reap

    members, led by its Chairman Rafique

    Suleman, were asked to get land from its

    own resources and then apply for EDF for

    the construction of building and

    procurement of equipment and machinery

    for the development of rice research

    institutes.Exporters highlighted issues, such

    as non-availability of containers especially

    for rice, ever-increasing container terminal

    charges, inordinate delay in refund claims

    on sale tax paid by the rice exporters on

    their electricity bills, transfer of fuel

    adjustment charges to the industry, etc.The

    Federation of Pakistan Chambers of

    Commerce and Industry chief deplored the

    poor services of container terminal operators

    (CTOs) during the examination of goods by

    anti narcotic force at ports. He told the

    delegation that a meeting with government

    officials and other stakeholders had decided

    CTOs would either hire skilled manpower to

    improve services or take assistance of a third

    party with professional expertise in re-

    packing of goods and re-stuffing containers.

    The Reap members also pointed out

    problems related to export proceeds and

    charges of different freight rates at variable

    rupee-dollar parity rates by shipping

    companies.They blamed non-monitoring of

    foreign exchange policy by the State Bank

    of Pakistan for this disparity.Usman urged

    the shipping companies to reduce the

    charges for rice as it is a low value and high

    volume item as compared to other value-

    added goods like textile etc. He said that he

    would take up the foreign exchange issue

    with the SBPs governor.Khurram Sayeed and Ismail Suttar, vice presidents of

    Federation of Pakistan Chambers of

    Commerce and Industry, Saquib Fayyaz

    Magoon, chairman of FPCCI Standing

    Committee on Customs and others were also

    present.

    Addressing problems: FPCCI

    advises rice exporters to

    prepare proposal By Our Correspondent

    Published: November 7, 2014

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    The proposal will discuss problems related

    to export proceeds and charging of different

    freight rates at different rupee-dollar parity

    by shipping companies. STOCK IMAGE

    KARACHI:

    Federation of Pakistan Chambers of Commerce

    and Industry (FPCCI) President Zakaria Usman

    has advised Rice Exporters Association of

    Pakistan (REAP) to prepare a comprehensive

    proposal to prepare its case to present to the

    government.

    The proposal

    will discuss

    problems

    related to

    export

    proceeds and

    charging of

    different

    freight rates at different rupee-dollar parity by

    shipping companies due to non-monitoring of

    Foreign Exchange Policy by the central

    bank.He discussed the issue while talking to a

    REAP delegation that met him on Thursday

    and discussed different issues of the rice

    industry.

    For the document, Usman asked REAP to

    include rice as a traditional item in zero-rated

    sales tax regime like textile, leather, surgical

    goods, sports goods and carpet industrial sub-

    sectors.He asked the association members to

    prepare the proposal ahead of State Bank of

    Pakistan governors scheduled visit to FPCCI shortly.He also urged the shipping companies

    to reduce container charges for rice as it is a

    low-value and high volume item compared to

    other value-added goods like textile.Usman,

    responding to the poor services extended by

    the container terminal operators (CTOs)

    during examination of goods by Anti Narcotic

    Force (ANF) at ports, informed that the

    FPCCI had recently organised two joint

    meetings of all the stakeholders involved in

    these processes at ports.During the meeting,

    traders, regional directorate of ANF; port

    operating companies (KICT, PICT and QICT),

    KPT; PQA, SBP mutually decided that CTOs

    would either hire sufficient trained and skilled

    manpower for the improvement in their

    services or outsource it to a third party with

    professional expertise in re-packing of goods

    and re-stuffing in containers, he said.The

    FPCCI president also asked the delegation to

    prepare its proposal seeking financial

    assistance from the Export Development Fund

    (EDF) for the development of a steady line

    from K-Electric feeders to their cluster area to

    ensure smooth supply of power.

    Published in The Express Tribune, November

    7th, 2014.

    Like Business on

    Facebook, follow @TribuneBiz on Twitter to

    stay informed and join in the conversation.

    Rice millers, growers express

    concern on low paddy price Staff Report November 07, 2014

    ISLAMABAD: Rice millers asked Ministry

    for Food Security and Research ((MFS&R) to

    intervene in the market to stabilise low price

    of paddy.A delegation of rice growers, office

    bearers of Kissan Board and Rice Millers Association of Pakistan meeting with federal

    food minister said export of rice to Iran also

    decreased due to lot of reasons like

    international sanctions, registration of

    exported firms and political reasons.

    Federal minister assured team leader Jaffar

    Iqbal member National Assembly and others

    government was sensitised on this issue. In

    this regard a record note would be forwarded

    to Prime Ministers Office for fixation of paddy rice price for 2014-15 crop and its

    procurement by Pakistan Agriculture Storage

    and Services Corporation (PASSCO). The

    matter would also be taken up in Economic

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    Coordination Committee of the Cabinet

    meeting next week

    China reveals magic land treatment success. By Dave Armstrong - 06 Nov 2014 19:25:0 GMT

    The rice harvest is being gathered. In Hebie

    province, would you eat the rice if it has not

    been thoroughly tested? Many international

    companies and Chinese enterprises are involved

    but how long has the complex bacterial action

    been allowed to work with so much land

    unavailable for agriculture? Harvest image;

    Credit: Shutterstock

    Hebie is a Chinese province that is being

    progressive. They call it bioremediation, but

    essentially, the new idea is to treat soil that

    is affected by waste with degrading bacteria

    such as Dehalococcoides and other

    microorganisms. Many other Chinese

    provinces are also involved as the revitalised

    paddy fields have proved able to produce

    crops. Only 85% of contaminants and salt

    are removed, but this seems sufficient, for

    plants at least.

    The worst pollution at the moment in China

    is caused by heavy metals: cadmium,

    mercury and copper, associated also with

    arsenic, contaminating 50 million hectares.

    The microbes are able to fix these poisons so

    that they are not available to plants, and

    reside in the soil just like the miniscule

    amounts in rock. With many farms closed

    down for this treatment, there must be

    worries that the treatment will work in the

    long-term, after flooding or if other bacteria

    reverse the process. However, the

    companies involved are in most cases

    capable of this bioengineering.

    Earth Times is having a close look at the

    secretive technology. The closest we have

    is the rock-breathing bacterium, that can be

    used for this kind of function, although it is

    better known for oil spill clean-ups. It is

    related to iron bacteria, sulphur bacteria,

    nitrogen bacteria and other

    chemosynthesisers.

    Farm production will rise by between 15 and

    80% if the crops can be safely eaten. Even

    more land from oil-spill pollution could also

    be recovered in a similar way. Even there,

    though, there have been concerns that

    enough time needs to pass before

    bioremediation effectively removes enough

    toxins from the environment. New Zealand

    vets have reservations about food

    safety there, following oil contamination.

    With 12 million tonnes of rice and other

    staples polluted each year, the highly toxic

    heavy metals pouring into the Yangzi and

    other rivers also have to be stopped, of

    course.

    The Chinese vice minister of land and

    resources, Wang Shiyuan, said that 3.3

    million hectares of arable land is

    contaminated land, in grain-producing areas.

    We just hope hes willing to eat all his rice from there, when it is declared safe for

    human consumption.

    Indonesia's new president

    targets food self-sustainability

    By REUTERS

    PUBLISHED: 07:06 GMT, 7 November 2014 |

    UPDATED: 07:06 GMT, 7 November 2014

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    JAKARTA, Nov 7 (Reuters) - Indonesia's new

    president Joko Widodo said on Friday that he

    wanted the Southeast Asian nation to be self-

    sufficient in various food staples within five

    years.With a rising population of more than 240

    million, Indonesia's food imports fluctuate each

    year as eating habits change or to offset

    potential food inflation risks.Indonesia will

    aim for self-sustainability in beef within one

    year, while targeting three years for rice,

    soybeans and corn, and four or five years for

    sugar, Widodo said at a business conference.

    He did not give details on how that would be

    achieved.

    Widodo, who took office on Oct. 20, had

    previously said he wanted the country to be

    self-sufficient in sugar, rice and corn within

    four years.Widodo's predecessor, Susilo

    Bambang Yudhoyono, introduced numerous

    self-sufficiency targets in 2009 after food

    prices soared.But most have not been met,

    partly due to a lack of coordination by

    government ministries, red tape and

    corruption scandals over import quotas that

    caused shortages for food such as beef.

    To help the agriculture sector, which

    accounts for about 15 percent of GDP in

    Southeast Asia's largest economy, Widodo

    said that the construction of 11 new

    reservoirs would begin next year, with the

    aim of building 25-30 within five years.

    (Reporting by Adriana Nina Kusuma;

    Writing by Michael Taylor; Editing by

    Joseph Radford)

    Surprise Rice Price Fall on Harvest

    News Lee Sang Yong | 2014-11-07 16:28

    Market rice prices have been dropping

    dramatically in recent days, the Daily NK

    has learned. Given reports of an unfavorable

    harvest due an absence of fertilizer and

    drought conditions early in the season, the

    news has come as a surprise to many

    residents. In turn, this has led to customary

    bouts of speculation and rumor.

    The price of rice has plunged to 4,500

    KPW [0.54 USD] per kg in the markets, a

    source in Pyongyang told the Daily NK on

    Thursday. The harvest is underway and

    freshly harvested rice is pushing down

    prices."This year, not only collective farms

    but also individuals planted a lot of rice, he

    elaborated. It seems like the rice from these

    private plots is now in the marketplace. As

    of mid-October, a kilo of rice was fetching

    6,800 KPW [0.82 USD] in public markets,

    according to research conducted by the

    Daily NK in locations across North Korea.

    Later in the month it fell to 5,000 KPW

    [0.60 USD], and has now reached the 4,500

    KPW [0.54 USD] mark.

    Rice is going for roughly 4,800 KPW [1.80

    USD], and the price here continues to

    fall, a source based in the isolated border

    city of Hyesan said. People have

    been saying the harvest this year has not

    been that good, but theres definitely a lot of

    rice in the markets now. The going rate for

    corn has also fallen in Hyesan, the source

    explained, dipping to 1,700 KPW [0.20

    USD] in early September. The price of corn

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    usually tracks that of rice.Meanwhile, in

    Pyongyang residents eager to determine the

    cause of the sudden drop have been

    speculating "that rice from Russia has been

    brought in," the source revealed. There have

    even been hard numbers floated in reference

    to the rumor. To wit, The state requested

    5,000 tons because of the bad harvest.

    The source in Hyesan explained that, as

    usual, grain units have been officially

    dispatched to oversee the distribution of the

    harvested rice, but that bribes are sufficient

    to keep them from regulating rice sold in

    markets.The term "grain unit" refers to 20-

    30 members of the Worker and Peasant Red

    Guards, one of North Korea's large reserve

    military forces consisting of men between

    the ages of 17 and 60 and some unmarried

    women, who set up checkpoints along main

    transportation routes in order to govern the

    movement of rice and corn harvested on

    collective farms and individual farm plots.

    However, this type of monitoring has long

    been an ineffective formality due to the

    prevalence of corruption.

    Despite the brief spike surmised to stem

    from these factors, the fall in rice prices is

    not expected to last long. There may be a

    lot of rice in the markets, but the harvest was

    bad so the supply will gradually

    decrease, the source predicted. Unless the

    state actively engages with the issue, prices

    will gradually climb back up to last months

    level.

    There is also the likelihood that vendors

    with rice in stock may decide not to bring

    out their supplies if the price stays low,

    hoping to stick it out and reap higher profits

    later. According to the source, If this were

    to continue, the prices would continue to

    climb, potentially making things difficult for

    residents."

    Rice prices in the North tend to be affected

    by fluctuations in exchange rates, but more

    recently they have moved seemingly without

    regard for currency prices. Currently in

    Yangkang Province, 1 RMB [0.16 USD]

    trades for 1,350 KPW, a 50 KPW increase

    from September, yet the price of rice has

    actually fallen.*All conversion rates, based

    on market trend information from inside

    North Korea compiled by Daily NK, are

    current as of November 6th, 2014 and

    available here.

    Agri experts raise alarm as

    Basmati rice prices crash in MP

    Rahul Noronha, Hindustan Times Bhopal, November

    06, 2014

    First Published: 14:09 IST(6/11/2014) | Last Updated:

    17:43 IST(6/11/2014)

    A crash in Basmati rice prices has left

    Madhya Pradesh farmers worried as the

    downtrend is reportedly linked to some

    monopoly export firms, say market experts.

    Last year the prices of Basmati paddy

    peaked to Rs. 4,000 per quintal and this year

    they crashed to Rs. 2200 per quintal,

    according to sources.

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    Experts say many farmers had taken to

    Basmati growing, leaving soybean as the

    main crop in the Narmada belt. (HT file

    photo)

    But, this puts Basmati growers at the

    receiving end as the price drop leaves them

    little to cheer about with the input cost had

    already been high in terms of costly

    fertilizers, seeds and diesel, according to

    market sources. Former agriculture director

    GS Kaushal sees in it as a studied gameplan

    of a few buying firms."They have

    deliberately kept the prices down," he says

    and corroborates it with his on-field findings

    which suggest there had not been any

    surplus production situation in the market as

    the production had been moderate due to

    lack of rain.

    The low-production situation should have

    pushed prices up instead, he suggests,

    hinting at the deeper game. Market sources

    partly corroborate Kaushal's take and say it

    is likely as low purchase prices make Indian

    Basmati sell like hot cakes in the

    international market, fetching fat profits to

    the exporting firms.Daawat foods director

    Rajinder Wadhawan, however, rejects the

    monopoly angle and says, "The prices of

    basmati depend purely on international

    market. If one studies the price trends in the

    last 30 years, prices crash every five or six

    years.

    This seems like one of those years."Daawat

    foods is one of the major buyers and exports

    of basmati rice in the state. According to

    sources, many farmers had taken to Basmati

    growing, leaving soybean as the main crop

    in the Narmada belt, mainly Raisen,

    Hoshangabad, Sehore and Harda districts

    after it offered good profit proposition.This

    is reflected by the fact that the area under

    Basmati cultivation in the state increased

    from 1.8 million hectares in 2013 to 2.1

    million hectares in 2014, according to the

    official figures. However, the drop in the

    prices have left Basmati growers in the no-

    man's land, sources told Hindustan Times.

    MoU signed on rice, ecosystem

    The Nation

    November 8, 2014 1:00 am

    Better Rice Initiative Asia (BRIA) recently

    signed a memorandum of understanding

    with the Rice Department under the Ministry

    of Agriculture and Cooperatives on

    "Promoting Sustainable Production of Rice

    and Ecosystem Resilience in Thailand"

    (PROSPECT).The MoU constitutes a

    framework of cooperation and

    understanding and facilitates collaboration

    between the two parties to implement the

    BRIA Thailand project.

    The areas of collaboration include

    enhancement of rice-based farming systems

    and rice technologies in identified areas;

    documentation of best agricultural practices

    to accelerate transfer of crop-management

    technologies; and promotion of decision-

    support tools through education

    programmes, training of trainers, and tailor-

    made extension materials to suit local needs.

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    Also included are improvement of the

    capacity of extension workers, community

    rice centres and farmer leaders; promotion

    of linkages along the rice value chain,

    market transparency and market guarantees;

    strengthening of networks of multi-

    stakeholder partnerships; and monitoring of

    collaborative training and extension

    activities and assessment of adoption farmer

    by farmers and their impacts. Chanpithya

    Shimphalee, director-general of the

    department, signed the MoU with Matthias

    Bickel, project director, representing the

    German International Cooperation

    MMTC, STC float tenders for

    import of 40k tonne rice

    New Delhi, Nov 6 (PTI) State-run MMTC

    and STC have floated global tenders for

    import of 40,000 tonnes of rice for delivery

    in Mizoram and Manipur to meet PDS

    demand.

    Despite adequate domestic stock, the

    government has asked the two PSUs to

    import rice for the Public Distribution

    System in view of transportation problems

    being faced since last month due to

    widening of railroad on the Lumding-

    Silchar-Agartala section.

    Arkansas Farm Bureau Daily Commodity Report

    A comprehensive daily commodity market

    report for Arkansas agricultural

    commodities with cash markets, futures and

    insightful analysis and commentary from

    Arkansas Farm Bureau commodity analysts.

    Noteworthy benchmark price levels of

    interest to farmers and ranchers, as well as

    long-term commodity market trends which

    are developing. Daily fundamental market

    influences and technical factors are noted

    and discussed.

    Soybeans

    High Low

    Cash Bids 1060 981

    New Crop 1072 1003

    Riceland Foods

    Cash

    Bids

    Stuttgart:

    1033

    Pendleton:

    1033

    New

    Crop

    Stuttgart: 992 Pendleton: 997

    Futures:

    High Low Last Change

    Nov

    '14 1044.00 1012.

    25 1031.0

    0 +10.50

    Jan

    '15 1040.50 1011.

    50 1028.0

    0 +8.75

    Ma

    r

    '15

    1044.50 1016.00

    1032.2

    5 +8.00

    Ma

    y

    '15

    1048.00 1020.75

    1036.5

    0 +7.25

    Jul

    '15 1051.25 1024.

    75 1039.5

    0 +6.50

    Aug

    '15 1049.25 1025.

    50 1038.5

    0 +5.25

    Sep

    '15 1029.50 1008.

    25 1019.5

    0 +3.25

    Nov

    '15 1017.00 996.5

    0 1006.7

    5 +2.75

    Jan

    '16 1020.25 1005.

    00 1012.5

    0 +2.75

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    Arkansas Daily Grain Report

    FOB Memphis Elevator Crops

    Soybean Comment

    Soybeans saw renewed strength as prices

    found support in another strong export sales

    report and continued good meal demand.

    With the strong demand situation for U.S.

    soybeans this is helping support prices at a

    time when supplies are forecast to grow by

    more than 300 million bushels. This market

    needs the demand news to continue to come

    in order to keep prices high; however at

    some point the reality of a +400 million

    bushel carryover will set in on this market

    and push prices lower.

    Wheat

    High Low

    Cash Bids 480 440

    New Crop 541 496

    Futures:

    High Low Last Change

    Dec

    '14 528.00 520.00 520.25 -4.50

    Mar

    '15 539.00 531.25 532.00 -4.25

    May

    '15 545.75 538.25 539.50 -3.50

    Jul

    '15 552.25 544.75 546.00 -4.00

    Sep

    '15 561.25 555.75 555.50 -4.25

    Dec

    '15 574.50 567.75 569.00 -3.75

    Mar 579.00 -3.75

    '16 May

    '16 583.50 -3.50

    Jul

    '16 577.50 -4.00

    Arkansas Daily Grain Report

    FOB Memphis Elevator Crops

    Wheat Comment

    Wheat prices fell sharply today as it had a

    disappointing export report today. Today's slow

    exports again has traders worried that the U.S. will

    not be able to meet this years export forecast. With

    the already weak exports forecast, it would be very

    bearish for prices if the U.S. failed to meet

    forecast.

    Grain Sorghum

    High Low

    Cash Bids 411 350

    New Crop 433 403

    Arkansas Daily Grain Report

    FOB Memphis Elevator Crops

    Corn

    High Low

    Cash Bids 380 320

    New Crop 401 360

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    Futures:

    High Low Last Change

    Dec '14 374.50 366.50 371.25 +1.00 Mar

    '15 387.00 379.50 384.00 +1.00

    May

    '15 395.75 388.25 392.75 +1.00

    Jul '15 402.75 395.25 399.75 +1.25 Sep '15 409.00 402.00 406.50 +1.75 Dec '15 418.75 411.25 416.50 +2.50

    Mar

    '16 427.50 420.25 425.25 +2.50

    May

    '16 433.75 429.25 431.75 +2.75

    Jul '16 438.00 431.75 436.50 +2.75

    Arkansas Daily Grain Report

    FOB Memphis Elevator Crops

    Corn Comment

    Corn prices managed to put in marginal

    gains today thanks to strength in soybeans.

    Corn prices were pressured most of the day

    by a disappointing export sales report. Sales

    need to strengthen as increased competition

    is limiting new crop corn sales. With South

    American prices now more than a dime

    lower than U.S. And cheaper (lower quality)

    Ukrainian corn entering the market. If the

    U.S. exports do not pick up we could see the

    USDA lower its export forecast, and thus

    increase carryover in coming reports (likely

    December or January). This would be

    bearish for prices and could push 2015

    prices back below $4.

    Cotton Futures:

    High Low Last Change

    Dec '14 63.35 62.52 63.19 0.48 Mar '15 62.35 61.7 62.28 0.41

    Memphis, TN Cotton and Tobacco Programs

    Cotton Comment

    Cotton futures ended the day with small gains.

    Technically, December is still consolidating

    between support near 62 cents and resistance at 66

    cents. March continues to consolidate in a narrow

    range above support at 61.20 cents. Harvest

    pressure will limit the upside as farmers are in full

    swing picking the crop.

    Rice

    High Low

    Long Grain Cash Bids - - - 1146/cwt

    Long Grain New Crop - - - 1136/cwt

    Futures:

    High Low Last Change

    Nov

    '14 1216.0 1188.0 1184.0 -31.5

    Jan

    '15 1242.5 1205.0 1209.0 -32.5

    Mar

    '15 1269.0 1235.0 1236.0 -32.5

    May

    '15 1262.0 -32.0

    Jul

    '15 1280.0 -32.0

    Sep

    '15 1216.5 -32.0

    Nov

    '15 1206.5 -32.0

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    Rice Comment

    Rice futures were under renewed pressure today.

    Ample domestic supplies and weak demand

    continue to pressure the market. Thailand still has

    a huge stockpile of rice that has recently been

    revealed to be of diminished quality, which means

    the government is under pressure to unload it in a

    hurry.

    Cattle

    Futures:

    Live Cattle:

    High Low Last Change

    Dec

    '14 166.45

    0 165.07

    5 165.55

    0 +0.350

    Feb

    '15 167.30

    0 165.92

    5 166.55

    0 +0.475

    Apr

    '15 166.27

    5 165.25

    0 165.90

    0 +0.650

    Jun

    '15 156.60

    0 155.67

    5 156.35

    0 +0.725

    Au

    g

    '15

    154.02

    5 153.35

    0 153.90

    0 +0.550

    Oct

    '15 155.17

    5 154.65

    0 155.25

    0 +0.600

    Dec

    '15 155.35

    0 154.90

    0 155.35

    0 +0.450

    Feb

    '16 154.37

    5 154.27

    5 154.55

    0 +0.300

    Apr

    '16 153.65

    0 +0.050

    Feeders:

    High Low Last Change

    Nov

    '14 236.87

    5 235.70

    0 236.87

    5 +1.100

    Jan

    '15 231.10

    0 230.20

    0 230.97

    5 +0.775

    Mar

    '15 228.65

    0 227.67

    5 228.45

    0 +0.900

    Apr

    '15 228.67

    5 227.85

    0 228.57

    5 +0.750

    Ma 228.60 227.97 228.52 +0.700

    y

    '15 0 5 5

    Aug

    '15 229.07

    5 228.40

    0 228.87

    5 +0.750

    Sep

    '15 227.00

    0 226.80

    0 227.00

    0 +0.800

    Oct

    '15 226.25

    0 226.00

    0 225.80

    0 +0.250

    Arkansas Prices

    Charlotte Livestock Auction

    Green Forest Livestock Auction

    Ratcliff Livestock Auction

    Oklahoma City

    El Reno Livestock Market, El Reno, OK

    Cattle Comment

    Cattle prices saw modest gains on some

    short covering by traders. The market

    continues to hold support near 165, and

    while grain prices have increased in recent

    weeks, prices appear to be having difficulty

    maintaining gains and the outlook is for

    lower prices longer term. With continued

    strong fundamentals look for prices to

    strengthen and in new highs in the coming

    weeks

    Hogs -Futures:

    High Low Last Change

    Dec '14 88.150 87.125 88.125 +1.000 Feb '15 87.450 86.625 87.400 +0.650

    Apr

    '15 88.875 88.075 88.875 +0.775

    May

    '15 90.500 90.400 90.475 +0.475

    Jun '15 93.950 93.350 93.925 +0.575 Jul '15 92.800 92.150 92.800 +0.250

    Aug

    '15 90.500 90.000 90.500 +0.300

    Oct '15 78.000 76.700 77.425 -0.775 Dec '15 74.250 73.275 73.300 -0.200

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    Hog Comment

    History: More than a crop,

    rice was an industry

    By Jason Lesley

    Coastal Observer

    Evolution of the South Carolina

    Lowcountrys rice culture can be

    followed in the abandoned canals and tall

    chimneys on former plantation land.

    Pieces of machinery have been left to

    rust for more than a century after

    production of rice migrated to the

    Southwest where it could be grown more

    efficiently.

    Dr. Richard Porcher Jr., a botany

    professor who has written about South

    Carolina wildflowers and Sea Island

    cotton, and artist Billy Judd spent a

    decade trying to separate myth from fact

    about Carolina Gold, the rice that made

    hundreds of plantation owners wealthy.

    Porcher and Judd have just finished a

    book, The Market Preparation of

    Carolina Rice, that traces the

    production of rice from its beginnings in

    Goose Creek slave gardens to a cash crop

    that led to the clearing of 150,000 acres

    of tidal land for its production. The

    authors made a presentation to a group at

    Hobcaw Baronys Kimbel Lodge last

    week.

    Porcher is professor emeritus at The

    Citadel and adjunct professor of

    biological sciences at Clemson

    University, where he established the

    Wade T. Batson Endowment in field

    botany. He is the author of Wildflowers

    of the Carolina Lowcountry and Lower

    Pee Dee and the coauthor of A Guide

    to the Wildflowers of South Carolina

    and The Story of Sea Island Cotton.

    Judd, a self-taught draftsman/artist,

    archaeologist and historian, is retired

    from the U.S. Space and Naval Warfare

    Systems Command in Hanahan.

    Porcher said Judd was able to look at the

    pieces of abandoned machinery and draw

    an illustration depicting how it worked.

    To me, Porcher said, it was a bunch

    of junk. Im a field botanist. Billy would

    sit down and take notes and come back a

    couple days later and say this is what I

    think it is. We were very fortunate that

    people who own these plantations

    allowed us to go out in the field and find

    these sites. Artifacts helped us

    understand how the machinery was put

    together.

    Porcher researched documents ranging

    from patents to slave journals for clues

    about rice production. His findings

    contradict some long-held assumptions

    about the Lowcountry rice culture from

    the trunk system that flooded and drained

    fields to water- and steam-powered

    machines that began replacing slave

    labor in threshing and milling rice before

    the Civil War.

    In 1670, Porcher said, a ship brought

    planters from Barbados to the port of

    Charleston. They settled near Goose

    Creek, and their slaves planted rice for

    their own use. The owners saw the crops

    potential and created the plantation

    enterprise. From there it spread to form

    the Lowcountry rice kingdom.

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    Carolina Gold is the finest rice ever

    grown, Porcher said. It was introduced to

    the Winyah and Waccamaw regions by

    Hezekiah Maham, an American

    Revolutionary War officer who lived in

    Pineville. Joshua John Ward, owner of

    Brookgreen Plantation and more than a

    thousand slaves, married Mahams

    granddaughter, Joanna Douglas Hasell,

    and gained access to the Carolina Gold

    seeds. Where Maham got Carolina Gold

    rice, Porcher said, nobody has any

    idea. At least weve got a person and put

    a name on it.

    The first rice trunks were of African

    origin, Porcher said. The swing gate

    trunks in Jasper County were not.

    Porcher said they were used in the early

    1700s in the English countryside. It

    may have come from England, he said,

    but the rice trunk was modified and

    perfected here. They took 150,000 acres

    of tidal freshwater swamp and turned it

    into rice fields. This is the system that

    completely changed the ecology of

    Lowcountry South Carolina, Georgia and

    Florida, and we have claimed it as our

    own.

    Porcher said there are three stages of rice

    production: harvesting, threshing and

    milling. When the work was done by

    hand, slaves used flailing sticks to beat

    the rice grains off the stalks after they

    were cut and dried in the fields. Finally,

    they had to shake the stalks to get the

    last few grains. Once the outer husks

    were removed from the grain, the rice

    was tossed in the air by use of

    winnowing baskets to allow wind to

    blow away the chaff. Later winnowing

    barns were built, and rice was dropped

    from a hole in the high structures floor

    to allow the wind to separate the chaff as

    the seeds fell to the ground. The last

    winnowing barn in existence is at

    Mansfield Plantation near Georgetown,

    the author said.

    The plantation owners grew so much

    rice, Porcher said, they had to move to

    mechanized threshing. Steam power

    turned a series of beaters that dislodged

    the rice seeds from the stalks. Porcher

    and Judd went to Chicora Wood

    Plantation to study a rice chimney to

    understand how mechanized threshing in

    the 1800s worked. They found a frame

    and some rakes in the threshing barn.

    We gradually figured out the use,

    Porcher said. Its not in any literature.

    A beater knocked the seed into a hopper,

    but some remained embedded in the

    straw. The rakes removed it.

    Milling involved removing the hull from

    the rice grain and then the bran layer.

    Thats where all the minerals and

    vitamins are, Porcher said. White rice

    is pure starch. Why remove the bran

    layer? The hold of a ship was hot, and

    the bran would turn rancid during the

    long voyage to England. The whiter rice

    was, the higher price you got.

    Before the introduction of machinery,

    slaves could spend an entire winter

    pounding rice to rub off the bran,

    Porcher said. Water- and steam-powered

    machines had a piston that drove a series

    of pestles to pound the rice. He said

    there were 100 steam-powered rice mills

    in the region and a dozen in the Santee

    Delta alone.

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    The loss of slave labor and the

    destruction of infrastructure due to the

    Civil War, a series of hurricanes,

    competition from rice grown in the

    American Southwest starting in 1880 and

    financial restraints during Reconstruction

    led to the end of the South Carolina rice

    culture. Impoverished and unable to

    adapt to new technologies and market

    demands, rice planters left the enterprise

    to others. The last commercial rice crop

    of the era was harvested in 1911.

    Keeping Arsenic Out Of Rice By Science and Development Network |Featured

    Research

    November 7, 2014

    The discovery of the protein OsABCC1

    could help in the development of arsenic-

    resistant crops.

    AsianScientist (Nov. 7, 2014) By Mike

    Ives Researchers have discovered a natural

    mechanism in rice plants that restricts the

    transfer of arsenic in soils to the rice grain

    by sequestering it in pocket-like cell

    membranes called vacuoles, opening

    scientific potentials for rice-producing

    nations across the developing world.

    The study, published in the Proceedings of

    the National Academy of Sciences, found

    that a transporter protein called OsABCC1

    lives in the roots, leaves and other organs of

    a rice plant. Removing it caused the amount

    of arsenic in the grains of a rice plant to rise

    more than fivefold.

    The study marks the first time any

    transporter has been identified in the process

    of vacuolar sequestration of arsenic toxin in

    rice plants.Its quite a neat piece of work,

    Steve McGrath, an arsenic expert at

    Rothamsted Research in Britain,

    tells SciDev.Net about the research

    study.Its a first step and one particular

    strategy to decrease arsenic in grain, he

    notes. There may be other transporters

    throughout the plant that can do things and

    be switched off or turned down, or whatever

    mechanism you can think of to achieve

    similar results.

    In the 1990s, there was a flurry of interest in

    arsenic contamination of groundwater, but it

    was not until last year, McGrath says, that

    scientists had fairly clear evidence of how

    arsenic concentration in food affected

    human health.People who are repeatedly

    exposed to arsenic in soils and water are at

    risk for a range of diseases, including

    cancer, the study reported. The problem is

    particularly serious in South Asia and

    around the Mekong area of South-East Asia

    where groundwater containing high

    concentrations of arsenic is used both for

    drinking water and irrigating rice.Rice

    accumulates more arsenic in its shoots and

    grains than wheat, barley and other cereal

    crops. That could be because rice grows in

    flooded conditions where arsenic can

    proliferate, and because rice plants have a

    more efficient uptake system for the

    poison.This is a serious problem because

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    rice is a staple food for Asian countries,

    adds Ma Jian Feng, a researcher at Japans

    Okayama University and one of the studys

    authors.

    Ma tells SciDev.Net that the study could

    have two main applications: breeding rice in

    a way that would over express the

    OsABCC1 transporter, or identifying and

    promoting wild rice varieties in which it is

    especially active.McGrath, however, says

    the first approach would be unusual because

    scientists typically modify the genetic

    structures of plants to make them more

    resistant to pests, not to make them healthier

    for human consumption.Its a test, if you

    like, of the publics and legislators opinion

    about genetic engineering in plants, he says.

    Is this more acceptable because its having

    a direct health benefit?

    The article can be found at: Song et al.

    (2014) A Rice ABC transporter, OsABCC1,

    Reduces Arsenic Accumulation in the Grain.

    Source: SciDev.Net.

    Disclaimer: This article does not necessarily

    reflect the views of AsianScientist or its

    staff.

    AFRICA INVESTMENT-

    Africa's richest man targets

    Nigeria's rice deficit Thu Nov 6, 2014 10:30am GMT

    * Dangote plans to produce a million tonnes of rice

    in 4 yrs

    * Nigeria is 2nd biggest rice importer despite good

    climate

    * Seeks replicate successes in domestic

    cement production

    By Tim Cocks

    LAGOS, Nov 6 (Reuters) - Nigeria enjoys a

    perfect rice-growing climate over a vast area

    yet it is the world's second biggest importer

    of the staple, often from countries in its

    warm, wet tropical latitude like top exporter

    Thailand.It's one of those baffling Nigerian

    paradoxes, like the fact that it is Africa's top

    oil producer yet suffers frequent fuel

    shortages; or that it is sitting on the world's

    eighth largest gas reserves but can only

    produce a few hours of power a day.As with

    the other bottlenecks holding back Africa's

    biggest economy, decades of bad

    governance and corruption lie at the root of

    Nigeria's agricultural dysfunction.But unlike

    oil, where reform remains deadlocked by

    vested interests, the government is making

    serious efforts to clean up the farming sector

    and attract investment.

    Africa's richest man Aliko Dangote thinks

    he can resolve the rice conundrum. He plans

    to do this by investing in farmland and

    mechanising farming practices in a country

    where many farmers still depend on pre-

    industrial tilling techniques.Given his track

    record in other areas, this is a project to

    watch.

    GET LAND, ADD WATER AND SOW

    "Everything you need for rice is here, but

    unfortunately for a long time no one was

    interested," he told Reuters in a telephone

    interview. Not having enough land was the

    first obstacle that faced him after he thought

    of the idea.

    He was surprised at how easily that got

    solved, as the governments of Jigawa, Niger,

    Kebbi, Edo and Kwara states between them

    offered 50,000 hectares to Dangote

    Industries.

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    "I think this is enough for us to grow and

    process up to a million tonnes of rice in the

    next four years," he says. "I believe this is

    just the beginning."

    To back up his optimism, he points to his

    past success in producing cement.

    Dangote grew his company over a decade

    from a relatively small cement import

    business to a behemoth that manufactures

    nearly 30 million tonnes of the stuff a year,

    makes up a third of Nigeria's stock exchange

    and now has factories in various stages of

    completion across the continent.

    For decades Nigeria was one of the world's

    biggest cement importers. "We (Nigeria)

    were producing less than 2 million tonnes of

    cement," in 2004, the tycoon says.Ten years

    later and Nigeria as a whole now produces

    some 40 million tonnes a year, said

    Dangote, whose cement empire worth an

    estimated $20 billion has earned him the

    label "richest black person on the planet"

    from Forbes magazine.This month, Dangote

    Cement even had to cut prices to make up

    for falling sales amid oversupply.

    Like cement, demand for rice among

    Nigeria's 170 million population is huge, so

    he won't need to think about export.

    Dangote estimates the current rice deficit at

    2 1/2 million tonnes a year.Nigerians eat rice

    in outsized portions and no party is complete

    without mountains of bright orange "jollof"

    rice -- a West African style of cooking the

    grains in tomato paste, onions and fiery

    peppers. Parboiled, not white rice, is

    favoured.

    GOVERNMENT SUPPORT

    President Goodluck Jonathan made local

    production of rice a signature promise

    before he was elected in 2011. His

    government has an ambitious target to

    import zero rice by the end of 2015, using

    incentives for farmers like free fertiliser and

    tax breaks for investors. Jonathan will seek

    another term in February.Agriculture

    Minister Akinwumi Adesina has cleaned up

    corruption in government handouts of

    imported fertiliser, which have been

    hampered by fraud and an inefficient supply

    chain stretching from the port to the remote

    villages where it ends up. That was a major

    obstacle to development of the sector.

    Dangote says his own factories will soon be

    producing more fertiliser than Nigeria could

    ever need -- 2.8 million tonnes a year --

    which would cut out the need for imports

    altogether.His plans for a 400,000 barrel-

    per-day oil refinery and petrochemical plant

    remain on track, he added.Rice smugglers

    from neighbouring Benin, Niger and

    Cameroon are the biggest threat to his

    business model, Dangote complains, but it

    still stands to be highly profitable.

    But with a reputation as a ruthless

    monopolist, with interests in everything

    from food milling to petrochemicals and a

    personal fortune equal to 4 percent of

    Nigeria's GDP, is Dangote not getting too

    big? He expects some will say that."People

    not investing will raise their hands and say

    'he's got a monopoly in rice'," he says.

    "Everyone has an opportunity. If other

    people don't invest, why is that my fault?"

    (Editing by Ed Stoddard and Tom

    Heneghan)

    Thomson Reuters 2014 All rights

    reserved

    A Recipe for Curried Rice

    With Smoked Haddock and

    Eggs

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    Chef Isaac McHale of

    Londons Clove Club shares his recipe for kedgeree, a soothing Anglo-Indian rice dish

    embellished with smoked haddock, hard-

    boiled eggs, caramelized onions and plenty of

    warming spice

    Nov. 6, 2014 2:22 p.m. ET

    BALANCED MEAL | Cool, mint-flecked

    yogurt offsets warming spice in this

    soothing rice dish. CHRISTOPHER

    TESTANI FOR THE WALL STREET

    JOURNAL, FOOD STYLING BY JAMIE

    KIMM, PROP STYLING BY CARLA

    GONZALEZ-HART

    THE CHEF: ISAAC MCHALE

    Isaac McHale MICHAEL HOEWELER

    His Restaurant: The Clove Club, London What he is known for: Seriously inventive,

    ingredient-focused British fare. Trading his

    crown as Londons pop-up king for a Michelin star in short order.

    YOU WONT FINDkedgereethe Anglo-Indian classic of rice, smoked fish and

    eggson the current menu at Londons Clove Club. Still, the dish says a lot about

    the places chef, Isaac McHale. He began cooking as a 7-year-old in

    Glasgow because I wanted to teach myself how to cook Indian food, he said. I started out chucking every spice that existed into

    the pot. Slowly I learned that less is more. Mr. McHales take on kedgeree, his first Slow Food Fast contribution, combines

    basmati rice with caramelized onions,

    smoked haddock, hard-boiled eggs and

    plenty of warming spice. Cilantro and peas

    lend brightness, and a dollop of mint-

    cucumber yogurt makes a refreshing

    counterpoint.

    Its one of those things, like chili con carne, that everyone has their own way of making, said Mr. McHale. I think they made it much milder for British palates. Now its something the Scottish and British grow up

    eating. One of Londons buzziest restaurants and the recent recipient of a Michelin star, the

    Clove Club began as a pop-up. The clean,

    ingredient-focused dishes have been

    compared to New Nordic cuisine, and Mr.

    McHale doesnt hesitate to borrow techniques and ideas from around the world.

    But he insists his cooking is as British as it

    getswhich is to say, what Londoners want to eat now, not notions of what British food used to be, or what it ought to look like. Kitty Greenwald Curried Rice With Smoked Haddock and

    Eggs

    Total Time: 35 minutes Serves: 4-6

    1 cup whole milk

    1 cup flaked smoked haddock

    1 cups basmati rice, rinsed

    1 yellow onion, thinly sliced

    4 tablespoons butter

    1 (2-inch) piece fresh ginger, peeled and

    minced

    1 clove garlic, minced

    1 jalapeo chili, thinly sliced

    teaspoon cumin seeds, crushed

    1 teaspoon curry powder

    1 teaspoon garam masala

    2 cups vegetable or chicken stock

    1 cup frozen peas, thawed

    Salt and freshly ground black pepper

    2 eggs

    peeled, diced cucumber 1 tablespoons minced fresh mint

    1 cup Greek yogurt

    Cilantro leaves, for garnish

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    1. Bring milk to a simmer in a small lidded

    pot over medium heat. Turn off heat and add

    smoked fish. Cover pot and let fish soak

    until ready to use. Meanwhile, place rice in a

    bowl and cover with water. Let soak at least

    10 minutes. Preheat oven to 400 degrees.

    2. In a medium lidded pot over medium-high

    heat, saut onions in butter until golden,

    about 7 minutes. Stir in ginger and garlic

    and saut until aromatic but not browned,

    about 2 minutes. Stir in jalapeo, cumin,

    curry powder and garam masala. Toast

    spices until fragrant, about 1 minute. Strain

    rice and stir into onions until coated, about 1

    minute.

    3. Drain off cup milk used for soaking

    fish and add to rice along with stock. Bring

    to a simmer, then decrease heat to medium.

    Cover pot and simmer until rice is tender,

    about 20 minutes.

    4. While rice simmers, place eggs in a lidded

    pot and cover with water by 1 inch. Set over

    high heat and bring to a boil. Cover pot and

    remove from heat. Let sit until yolks set, 10

    minutes. Plunge eggs into an ice water bath,

    then peel and quarter. In a small bowl, fold

    cucumber and mint into yogurt and season

    with salt.

    5. Once rice is tender, strain fish. Fold fish

    and peas into rice and season with salt and

    pepper. Transfer to a casserole and bake

    until top crisps and peas are heated through,

    about 5 minutes.

    6. Garnish kedgeree with cilantro and eggs.

    Serve with yogurt alongside.

    Time for another Green

    Revolution

    RAJU BARWALE

    Green growth Bt cotton has come a long

    way G SANJEEV REDDY

    Now that the gains from the first round have

    petered out, we need to embrace biotech to

    boost farm productivity,As India seeks to

    ignite the next agrarian revolution, it must

    try and absorb some of the lessons of the

    Green Revolution. Currently, agricultural

    productivity and growth vary from State to

    State, resulting in regional disparities.

    Through targeted policymaking, investment

    in rural infrastructure and research, and

    ongoing support to farmers, we can level out

    these inequities and ensure that we get it

    right.

    The Green Revolution of the 1960s had a

    phenomenal impact on food production in

    India. It resulted in a record grain output of

    131 mt in 1978-79 and catapulted our

    country into the league of the worlds

    leading grain producers. Similar agricultural

    techniques implemented globally showed us

    a way out of food crises in countries across

    the world.

    For example, the International Maize and

    Wheat Improvement Center in Mexico and

    the International Rice Research Institute in

    the Philippines developed new high-yielding

    varieties of wheat and rice that significantly

    boosted output and alleviated crop shortages

    in certain parts of the world.

    Hitting a plateau

    However, the effects of the Green

    Revolution in India have plateaued since

    then. Though India is now self-sufficient in

    many aspects of food production, it still

    relies on imports for crops such as pulses

    and oilseeds, where production has not kept

    pace with demand from a burgeoning

    population.

    The agriculture sector currently lags growth

    in other fields and the income gap between

    farmers and non-farmers is widening.

    Hence, the need of the hour is to infuse fresh

    energy to drive the next phase of growth in

    agriculture .Though the Green Revolution

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    was a game changer, investment in key areas

    including machinery and irrigation systems

    to support the cultivation of high yielding

    crop varieties was not adequate. As a result,

    the effects of the revolution were not

    uniform, resulting in imbalanced growth in

    many regions.

    The second agricultural revolution that we

    now have to ignite should build on the good

    work initiated by the first one while filling

    some of its gaps. The goal is not just to

    make India self-sufficient in food production

    but to enable surplus production that will

    allow it to become an exporter of food.

    According to the agriculture ministry, India

    achieved an agricultural growth rate of 3.64

    per cent against a target of 4 per cent growth

    over the 11th Plan period. The increase in

    total planted area under major crops

    (foodgrains, oilseeds, cotton, and sugarcane)

    by around 9 per cent since 2000-01 to 170

    million hectares in 2011-12 reflects

    increased irrigation availability leading to

    increased cropping intensity.

    How to secure food needs

    Another fact that would support Indias case to be a major force in world trade is that

    according to the US department of

    agriculture, India has emerged as a major

    agricultural exporter, with exports climbing

    from just over $5 billion in 2003 to a record

    of more than $39 billion in 2013.

    Ashok Gulati, renowned agricultural

    economist and chair professor, agriculture,

    at the Indian Council for Research on

    International Economic Relations has also

    called for revolutionary methods to

    dramatically boost food supply for the

    nation's 1.2 billion people.

    According to the International Center for

    Agricultural Research in the Dry Areas,

    drylands produce half the countrys cereals,

    77 per cent of its oilseeds and 85 per cent of

    its pulses. Implementation of new and

    efficient irrigation methods, better

    watershed management and maintenance of

    vegetation cover in catchment areas, are all

    important steps in the quest to match water

    availability to crop needs, and thus the

    development of crop varieties tolerant to

    water stress (abiotic stress) is required to

    optimise water utilisation.

    Good infrastructure is an extremely

    important factor for agricultural

    development, as it directly impacts the

    degree to which farmers can access

    institutional finance and markets, as well as

    their ability to boost yield. Agricultural

    infrastructure has the potential to transform

    the current landscape of subsistence farming

    into one defined by modern, commercial

    farming.

    Public investment in infrastructure such as

    irrigation, power, roads, food storage,

    watersheds, dams and agricultural research,

    including agri-biotechnology, will signal a

    commitment from the Government to

    transform the face of Indian agriculture and

    empower our farmers to compete globally.

    The role of agriculture in improving rural

    lives and securing Indias food needs should not be underestimated.

    Clearly, a priority for the Government

    should be to refocus policymaking energy

    on this sector in terms of providing support and infrastructure. A recent Crisil

    report predicts that slowdown in other

    sectors may lead more people to reconsider

    agriculture as a primary source of income.

    Refocus on agriculture

    The Government seems to have understood

    the priorities for the agriculture sector,

    especially its call for optimum use of water

    through per drop, more crop and need for related research technology to the sector by

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    taking research initiatives from lab to land to increase farm productivity.

    Also, the

    Government

    s Digital India

    campaign is

    another

    encouraging

    step to

    transform India into a digitally empowered

    society and knowledge economy. eKranti,

    which is one of the pillars of the campaign

    that also focuses on technology for farmers

    with real-time price information, online

    ordering of inputs, and payment with mobile

    banking, will enable farmers to take

    informed decisions.

    Biotech food crops are also critical for

    enabling the success of this next revolution.

    Although sometimes misrepresented, these

    crops have been proven to significantly

    improve yield through high levels of disease

    and pest resistance, improved weed

    management, abiotic stress tolerance and

    nutrient-use efficient crops.

    Its important to note that according to the 2013 report of the International Service for

    the Acquisition of Agri-biotech

    Applications, a record 18 million farmers

    grew biotech crops worldwide and the

    biotech crops hectares increased more than

    100-fold from 1.7 million hectares in 1996,

    to over 175 million hectares in 2013.

    Some 7.3 million Indian farmers cultivated a

    record 11 million hectares of Bt cotton with

    an adoption rate of 95 per cent. If all the

    other necessary inputs and infrastructure are

    in place, biotech crops can be vital to the

    kind of sectorial transformation that we have

    to achieve for meeting our food needs.

    The writer is the managing director of

    Maharashtra Hybrid Seeds Company Ltd

    (Mahyco)

    (This article was published on November 6,

    2014)

    Image:Green growth Bt cotton has come a

    long way G SANJEEV REDDY

    USA Rice Leadership Class

    Alumnus Visit China

    BEIJING, CHINA --

    Last week, the 2014

    International Rice

    Leadership Class toured

    Eastern China

    to get an

    overview of the

    Chinese rice

    market. The

    group met with

    a diverse group

    of industry

    representatives including Chinese government

    importers/traders, private importers, farmers,

    millers, port managers, and U.S. government

    officials working in China.

    Members of this year's International Rice

    Leadership Class are: Tom Butler, Woodland, CA;

    Jim Whitaker, McGehee, AR; Blake Gerard, Cape

    Girardeau, MO; Brian Wild, LA; and Dr. Bert

    Greenwalt, Jonesboro, AR.

    In Beijing, the

    group met with

    Dr. Juhui Huang

    of Archer Daniels

    Midlands who

    briefed the team

    on the Chinese

    rice industry from

    production to

    Harvest in Guangdong

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    processing and sales. Next, the class visited the

    U.S. embassy to meet Lou Vanechanos of APHIS

    who talked about hisexperiences dealing with the

    Chinese government and U.S. efforts to obtain

    phytosanitary approval for the import of U.S.-

    grown rice. Later that day, the class met with

    Chinese government officials representing AQSIQ,

    the Chinese equivalent of APHIS, to get their

    perspective on the phytosanitary proceedings.

    For insight into the production side of the Chinese

    rice industry, the group traveled to Guangdong, the

    most populace province in China, to visit the area's

    largest private rice mill and tour a local farm to

    observe harvest in full swing.

    "Being able to see the way the Chinese process rice

    was an eye-opening experience at every turn," said

    Missouri producer Blake Gerard. "We all learned a

    lot while observing the procedures utilized from

    harvest to handling and on through milling."

    In Guangdong's economic hub of ShenZhen, the

    group met with the Hong Tai Xiang Import and

    Export Company, the city's largest private

    importer. Ms. Chris Zhang, Chairman of Hong Tai

    Xiang, took the class on a visit to the Shekou

    container port where her company does the

    majority of its business. Zhang was confident that

    there is a market in China for U.S. rice and insisted

    she will be the first to import U.S. milled rice to

    China. In Hong Kong, the class met with trade

    officials, the Hong Kong Rice Association, and

    personnel from the Agriculture Trade office at the

    U.S. Consulate.

    "I've always said the most important resource the

    rice industry has is its people," said Chuck Wilson,

    director of the Rice Foundation, who organized the

    trip. "We all reap the benefits of exposing these

    young industry leaders to every aspect of rice

    production, both in the U.S. and abroad."

    The Rice Leadership Development Program is

    sponsored by John Deere Company, American

    Commodity Company, and RiceTec, Inc. through a

    grant to the Rice Foundation and is managed by the

    USA Rice Federation.

    Contact: Deborah Willenborg (703) 236-1444

    AARQ Association for the

    Administration of Rice Quotas, Inc. NOTICE OF OPEN TENDER

    Independent bids are invited for rights to

    ship U.S.-origin milled rice to the European

    Union under a tariff-rate quota (TRQ)

    granted by the EU to the United States. Bids

    must be submitted on November 20, 2014

    for the January 2015 TRQ Tranche, in which

    the following quantity is available:

    Volume (metric tons)

    EU Duty

    Semi-Milled or Milled Rice

    9,681 zero

    (HTS item 1006.30)

    TRQ Certificates will be awarded to the

    highest bidder(s). Any person or entity

    incorporated or domiciled in the United

    States is eligible to bid. The minimum bid

    quantity is 18 metric tons. Performance

    security (the lesser of $50,000 or the total

    value of the bid) must be submitted with

    each bid. Potential bidders may obtain the

    required bid forms and bid instructions

    from:

    AARQ Administrator

    Economic Consulting Services, LLC

    2001 L Street, NW, Suite 1000

    Washington, D.C. 20036

    Tel: (202) 466-1150 Fax: (202) 785-

    3330

    Note: Potential bidders should consult

    regulations in the Official Journal of the

    European Union to determine the applicable

    tariff rate on semi-milled/milled rice. AARQ

    disclaims any responsibility for advising

    potential bidders on applicable tariff rates.

    Potential bidders should also consult EC

    regulations relating to testing for

    unauthorized GMOs.