9th september,2015 daily global regional local rice e newsletter by riceplus magazine

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Daily Global Rice e-Newsletter

Aug ,2015

Vol 5,Issue XIII

9th September,2015

Vol 5,Issue XIV

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News Headlines...

Pakistan Planning to Barter Rice for Energy with Iran

Pakistan’s agriculture-based products get good market in China

Export of basmati rice hit by competition with India: National Assembly body told

Monsoon rains revive in southern peninsula, central India: IMD

Philippines to import more rice as strong El Niño event looms

Oversupply, lower prices to affect realisations of basmati exporters

PH rushes to import rice, sees El Nino among strongest since 1950

Aurora farmers urged to postpone rice planting

Philippines issues tender to import 750,000 T rice

To Find New Rice Species, Scientists Head to Remote Tropical Swamps

Adverse weather, a challenge to rice science

How to ensure rice self-sufficiency in Nigeria, by processors

Farmers asked not to plant crops seek help

Lower sales volume, prices seen at latest rice auction

Nitrogen Use Efficient Rice Demonstrates an Average Yield Increase of 30 Percent

in Four Years of Field Trial

Adverse weather, a challenge to rice science

Nagpur Foodgrain Prices Open-Sep 09

Arkansas Farm Bureau Daily Commodity Report

News Detail...

Pakistan Planning to Barter Rice for Energy with Iran 9/8/2015

FARS News Agency

TEHRAN (FNA)- Members of the Rice Exporters Association of Pakistan (REAP) are pressing

the government to make arrangements for rice export to Iran in exchange for the money Pakistan

has to pay for electricity import.A senior official of REAP said they had proposed to the

government to allow the export of surplus rice to Iran by transferring the amount due against the

government to theexporters until a proper currency transfer arrangement and an effective,

efficient and reliable formal banking channel were restored, the Express Tribune reported on

Tuesday."Yes, we have requested the authorities to devise a mechanism for rice export to Iran

and pay the outstanding bills for Iranian electricity supply to the exporters," said a REAP

representative on condition of anonymity because the proposal was at an early stage.

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"If the Pakistan and Iranian governments agree, theexporters will soon export one million tons of

basmati rice," he said. Prior to the economic sanctions imposed on Iran by western countries,

Pakistan had been exportingabout 700,000 tons of basmati to Iran annually and it was the largest

market for Pakistani rice.At present, Pakistan has four million tons of surplus rice, of which 3.2

million tons are non-basmati and 700,000 tons are basmati. Pakistan owes more than $100mln to

Iran for electricity import.An official of the Ministry of National Food Security and Research

confirmed that the proposal had been received.

"Our ministry is in discussion at the highest level and a decision will be taken soon," he

said.Meanwhile, a statement issued by REAP Chairman Rafique Suleman and other members

has drawn the government's attention to the sharp drop in rice exports.Citing the export figures

for July received from statistics section of the Trade Development Authority of Pakistan,

Suleman said shipments fell 14 percent in terms of quantity and 27 percent in value.He pointed

out that rice exports faced a lot of challenges during the last fiscal year and if corrective

measures were not taken by the government, the current year would also be very tough.

The exporters have, however, welcomed the decision of the Iranian government to lift the ban on

rice imports from Pakistan in the backdrop of a gradual removal of international sanctions.

Rice exports will restart from October this year.However, Suleman believes that the decision will

prove ineffective until a proper currency transfer arrangement and an effective and reliable

formal banking channel is put in place.At present, almost 90 percent of rice is imported from

India even though imports from Pakistan are more economical.Owing to low demand in the

international market, rice prices were declining to a critical level that was inflicting heavy losses.

http://www.world-

grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2440279647

Pakistan’s agriculture-based products get good market in China Pakistan’s agriculture-based products find good prospects in Chinese market, provided the

relevant departments and the businessmen could develop effective liaison with their counterparts

here. The role of Department of Quarantine needs to make more effective and big private

business Houses in Pakistan must come to China to make proper survey of the Chinese market,

said Muhammad Yasin, a Pakistani businessmen who has succeeded to make his way in Chinese

market by trading some food items.

Yasin , who is in China for the last about 25 years, first learnt Chinese language, acquainted

himself with the China’s business rules and regulations and later started importing some other

food products from Pakistan. In an interview, he attributed his success story to his continuous

efforts and little support from Pakistani embassy in Beijing. Like him, there are few other

Pakistanis who came here as students but now have settled themselves as businessmen.He was

highly optimistic about marketing of Pakistan’s agriculture-based products in China, provided

the relevant departments of the two countries could persistently pursue to overcome certain

hurdles in developing business here. For the last ten years, we have been exporting around three

to five lac Irri-6 rice to China but this year it was stopped since rice’s import quota for Pakistan

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could not be fixed by the Chinese side, due to lack of seriousness and proper coordination at the

part of the relevant departments in Pakistan.

Yasin proposed, Pakistan should arrange an exclusive food exhibition in Pakistan for the Chinese

businessmen to show them their export-strength in agriculture sector. Pakistani farmers should

know the needs of the Chinese market, so that they could grow products accordingly.He also

underlined the need of reviewing and updating of the agreements that were signed by the two

countries long ago, in order to modify them according to the latest needs. Some of the

agreements are not practicable due to certain reasons, he contended.Citing their growing

exemplary bilateral ties at the diplomatic and military levels, Yasin said these do not match with

our trade which is in favour of China. In order to correct the balance of payment position, he

said Pakistan food and agriculture departments need to focus on export of agriculture goods and

their bi-products.

With serious some efforts, we can capture the local market, because China is ready to deepen its

economic ties with Pakistan.He was of the view that China should also relax its visa policy so

that people-to-people interaction could be increased and Pakistan could take the advantage

of China’s rich economic strength. http://www.pakistantoday.com.pk/2015/09/09/national/pakistans-agriculture-based-products-get-good-

market-in-china/

Export of basmati rice hit by competition with India: National Assembly

body told

September 08, 2015

The Ministry of Commerce on Monday told the National Assembly Standing Committee on

Government Assurances that the export of non-basmati rice to Iran had increased as compared to

basmati rice. The committee, which met here with Muhammad Afzal Khokhar in the Chair, was

briefed by the ministry about rice export. The ministry told that there was a decline in export of

basmati rice due to competition with India. It said that efforts were being made to increase the

export of fine quality rice to Iran. However, the committee expressed concern over the decrease

and emphasised the need to arrest the recent declining trend in the export of basmati rice.

The committee was also told that the Ministry of States and Frontier Regions (Safron) in

consultation with the Interior Ministry and National Database and Registration Authority

(Nadra), had submitted an operational plan to register one million unregistered Afghans. It may

be mentioned here that during the 25th Tripartite Commission meeting, bilateral consultations

were held between Afghanistan and Pakistan on March 10, 2015, where both sides agreed to

document unregistered Afghans in Pakistan with technical support from Nadra and verification

by the Afghan authority.

Moreover, Nadra has submitted a Letter of Intent for a mutual agreement with Safron, which is

being considered by the Interior Ministry. The committee was also told that the registration of

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Afghan refugees, which was to start in August 2015, could not be initiated and awaiting approval

from the Interior Ministry. An official of the interior ministry said that the ministry was

optimistic that the process would be completed within two to three months. The committee

directed the interior ministry that matters pertaining to issuance of computerised national identity

cards (CNICs) to Afghan nationals and other aliens should be stopped.

http://af.reuters.com/article/commoditiesNews/idAFP9N0ZC00H20150909

Monsoon rains revive in southern peninsula, central India:

IMD NEW DELHI, SEPT 9:

Monsoon rains have revived in the worst-hit central India and southern peninsula regions that would help

boost kharif crops and water level in reservoirs, a top official of MeT Department said today.Monsoon

deficit has been at 12 per cent so far this season (June 1 to September 2).However, the rain deficit in the

southern peninsula and central India was 22 per cent and 16 per cent, respectively, according to India

Meteorological Department (IMD) data.Southern peninsula comprises states like Andhra Pradesh,

Telangana, Tamil Nadu, Karnataka and Kerala, while Madhya Pradesh, Chhattisgarh, Maharashtra and

Gujarat are part of central India.“Monsoon rains have already revived from today in southern peninsula

and central India. More rains are likely in this region as pressure is building in the Bay of Bengal and

moving into inland by September 15,” IMD Director General L S Rathore told reporters.Revival of

monsoon rains augur well for kharif crops and would also help narrow rainfall deficit in September, he

said.The rain deficit in September is 50 per cent.

Rathore said that the overall monsoon deficit for June-September period is expected to be 12-14 per cent

below normal as projected earlier.Water level in reservoirs in southern peninsula is very low and revival

in rains will help, he added.“For the country as a whole, cumulative rainfall during monsoon season till

September 2 has so far been 12 per cent below the Long Period Average (LPA).

Rainfall activity was less than normal in all the broad homogeneous regions of India except east and

northeast India, where it was near normal,” IMD had said in a statement last week.MeT department had

forecast that the season (June to September) rainfall over the country as a whole is likely to be 88 per cent

(±4 per cent) of LPA.Agriculture, which contributes about 15 per cent to the country’s GDP and employs

more than half of the population, is dependent on monsoon as only 40 per cent of the cultivable area is

under irrigation.Despite deficit rains, the total sowing area under kharif crops as on September 4 was at

998.67 lakh hectares compared with 979.40 lakh hectares in the year-ago period. Sowing of pulses has

increased 11 per cent while paddy acreage has risen marginally by over 1 per cent so far.

(This article was published on September 9, 2015)

http://www.thehindubusinessline.com/economy/agri-business/monsoon-rains-revive-in-southern-peninsula-and-central-india-

imd/article7632887.ece

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Philippines to import more rice as strong El Niño event

looms

THE GOVERNMENT is moving to beef up buffer stock by importing an additional 750,000 metric tons (MT) of

rice by early next year, the National Food Authority (NFA) said yesterday, as the country braces for an El Niño

event that could turn out to be worse than the last “strong” episode in 1997-1998.

A boy carries a sack of rice from a store in Manila in this photo taken yesterday. -- Reuters

The Interagency Food Security Committee (FSC) has allowed the NFA to proceed with

procurement of 250,000 MT by yearend and 500,000 MT by the first quarter of next year via

state-to-state deals, according to the statement.“There is no better option than being prepared,”

the grains procurement agency said, adding that “the looming impact of El Niño” prompted the

FSC, chaired by the National Economic and Development Authority, to grant the authority to

proceed with the importation.“Drought due to El Niño is predicted to intensify beginning

October and will last until May 2016.”The FSC last May gave the NFA standby authority for the

importation of 250,000 MT.

“FSC recommendation is a result of the assessment made by an Interagency El Niño Task Force

on the impact of the El Niño in the local rice production,” the statement read.“Another 500,000

MT of rice has been approved also by the FSC for importation for the projected deficit in

production for the year 2016, but shipment of the additional volume will be made early next

year.”The same statement quoted NFA Administrator Renan B. Dalisay as saying that invitations

to submit offers have been sent to neighboring countries. Existing bilateral rice agreements allow

the Philippines to import from Thailand, Vietnam and Cambodia.Angel G. Imperial, Jr., director

of NFA for public affairs, said in a text message yesterday that the “government-to-government

negotiations will be done on Sept. 17.”NFA is bidding out the supply of 250,000 MT of well-

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milled rice with 25% brokens for this year; and 500,000 MT of the same rice variety next

year.Rice will be delivered on a staggered basis, with the first 125,000 MT due by the end of

November and another 125,000 MT by the end of December.

Next year’s shipments, meanwhile, will involve 175,000 MT each by the end of January and February,

and the 150,000 MT balance by the end of March.Stocks to be procured this month will bring the total

volume of rice contracted for this year to 1.787 million MT. This includes the 500,000 MT imported in

February and 250,000 MT in June, both via the government-to-government procurement scheme.

It also covers private sector importation under the minimum access volume (MAV) commitment for this

year. The government last July contracted 187,000 MT under the MAV-omnibus origin scheme and

600,000 MT under the MAV-country specific quota.“The total volume of rice imported is within the gap

estimate of the country’s palay production of 18.86 million MT...,” the NFA said.NFA’s Mr. Dalisay

added that the country has sufficient stocks until yearend, but explained that the government is rushing to

bring in the projected volume needed in an effort to beat a possible spike in international rice prices.

“To maintain the stability of rice stock and price, the government will start negotiating... now when rice

prices in the international market are still low and stable,” said Mr. Dalisay.The NFA head also said that

rice prices could jack-up once demand from other countries shoots up due to El Niño.The Philippine

Atmospheric, Geophysical & Astronomical Services Administration earlier warned that the currently

developing El Niño episode that could last till February or May next year could be the worst since the

1997-1998 event.The state weather bureau also noted that the country is currently progressing towards a

strong El Niño that is expected to start next month and last until May next year.

PAGASA forecasts as of Aug. 25 showed that moderate to severe drought could affect Metro Manila and

64 of the country’s 81 provinces by the end of February.Crop damage from heat had already begun to

take its toll on total farm output, which crawled just 0.73% last semester against the government’s 3.3-

4.3% full-year growth target for 2015.

http://www.bworldonline.com/content.php?section=TopStory&title=philippines-to-import-more-

rice-as-strong-el-ni&241o-event-looms&id=115033

Oversupply, lower prices to affect realisations of basmati

exporters Traders are yet to exhaust the kharif 2014 stock, which has led to oversupply

Komal Amit Gera | Chandigarh

September 9, 2015 Last Updated at 10:53 IST

Basmati exports from India may log volume growth this year, but the average realisation per

tonne is expected to be lower for the kharif 2015 crop. Even as harvesting of basmati paddy

(mainly grown in Punjab, Haryana and Western Uttar Pradesh) would start from last week of

September, traders are yet to exhaust the kharif 2014 stock, which has led to

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oversupply.Competition among Indian exporters to grab share in the international market has

also triggered price-reversal of the long-grain aromatic rice from India.Export prices have

dropped $220 per tonne this year, a fall of 18% over the last year.

The average realisation per tonne, which was close to $1,220, is now $950-1000 per tonne as

per average value of contracts being registered currently with APEDA (Agri and Processed Food

Products Exports Development Authority).While there has been no variation in demand by

importing countries, prices have plunged due to excess supplies.Lured by the high returns of an

average 1,295 a tonne in the international market for the basmati varieties, PUSA 1121 and

PUSA 1509, traders purchased every single grain from the farmers during kharif 2013. The area

under basmati also increased from 1.8 million hectare to 2.13 million hectare in the last two

years, anticipating an upward trend in prices. This resulted in additional supplies and now the

Indian basmati exporters are competing amongst themselves to clear the stocks.

Ashwani Arora, Director LT Overseas (Dawaat Brand Basmati), said, “We are expecting a year-

on-year growth of 15% but this may not translate into same proportion in value terms as the

prices have declined.” Arora’s company registered an export turnover of Rs 1,300 last year but

he is skeptical about retaining the same margins.Pakistan is also emerging as a competitor after

the lifting of US sanctions on Iran.Iran accounts for 38% of India’s basmati exports. Although

the availability of basmati and processing facility in Pakistan is limited but increase in Pakistan’s

participation in global market can dent profits of Indian exporters.

The exporters have a cushion as the purchase price of basmati has also dwindled from Rs 4,000

per quintal in kharif 2013 to about Rs 1,600-1,700 per quintal in the current season.A senior

official in APEDA said that Indian exporters can retain the high price in the international market

due to the unique qualities (aroma and length) of basmati but they need to invest in branding.

The big brands are able to insulate themselves from price corrections, but unorganised players

are likely to be more affected, he added.Basmati exports are among the top foreign exchange

earners for the country.

Business Standard

PH rushes to import rice, sees El Nino among strongest since

1950 ABS-CBN News

September 9, 2015 - 11:06 AM

Article Highlights:

For the Philippines, bigger rice stocks will ensure steady local supply and retail prices, helping

keep a lid on inflation."Drought due to El Nino is predicted to intensify beginning October and

will last until May 2016," it added.The El Nino, or a warming of sea-surface temperatures in the

Pacific, can lead to heavy rains and floods in South America but scorching weather across Asia

and east Africa.The current episode could be as severe as the 1997-1998 El Nino, which

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triggered a 24 percent drop in the Philippines' rice harvest, the local weather bureau said, while

cautioning that the event could be among the strongest since 1950.Bidders for the 750,000-tonne

supply have until Sept. 17 to submit offers, the state grains agency NFA said.

http://www.minibalita.com/reader/31105/2/PH-rushes-to-import-rice%252C-sees-El-Nino-among-strongest-since-1950

Aurora farmers urged to postpone rice planting

ABS-CBNnews.com

Posted at 09/09/2015 6:38 PM

MANILA - The National Irrigation Administration (NIA) advised farmers from Aurora to

postpone planting rice due to the expected drought caused by the El Nino phenomenon.NIA

appealed to farmers in Aurora, especially those who depend on the water coming from NIA Dam

in San Luis, to postpone rice planting as the dam has yet to recover from the dry spell

experienced in the past few months.According to Marianito Bulloso, NIA Senior Water

Resources Facilities Technician in Aurora, residents and farmers should not ignore the effects of

El Nino. http://www.abs-cbnnews.com/nation/regions/09/09/15/aurora-farmers-urged-postpone-rice-planting

Philippines issues tender to import 750,000 T rice

Wed Sep 9, 2015 2:06am GMT

MANILA, Sept 9 (Reuters) - The Philippines' state grains procurement agency said on

Wednesday it would import an additional 750,000 tonnes of rice via an auction that will close on

Sept. 17, preparing to boost buffer stocks in anticipation of a strong and prolonged El Nino.The

National Food Authority (NFA) is seeking offers from the governments of Vietnam, Thailand

and Cambodia for delivery over a five-month period starting in November, spokesman Angel

Imperial said, confirming an earlier report by Reuters.The Philippines, once the world's biggest

rice buyer, has suffered crop losses in recent months due to dry weather induced by an El Nino

weather event, which is expected to peak between October and January. (Reporting by Erik dela Cruz; Editing by Richard Pullin)

To Find New Rice Species, Scientists Head to Remote

Tropical Swamps A remote peninsula in northern Australia beckons a rice research expedition

A juvenile crocodile in a Cape York peninsula river, the region where researchers recently

looked for wild rice species (Jeffrey L. Rotman/Corbis)

By Marissa Fessenden

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SMITHSONIAN.COM

SEPTEMBER 9, 2015 9:00AM

Crocodiles, snakes, dengue-carrying mosquitos, leeches and late-season cyclones are all the

dangers that researchers face when venturing into the remote peninsula of Cape York in northern

Australia. While these dangers face many a field expedition, these researchers were not actively

in search of perilous species but rather hoping to find something much more innocuous: new

varieties of rice, reports Lisa M. Hamilton for The California Sunday Magazine. Rice is a staple

food for more than half the world’s population and climate change may make it even more

important (corn doesn’t do as well with elevated carbon-dioxide levels). Yet the crop isn’t

impervious to the effects of a changing climate — Hamilton points out that flooding threatens

one-eighth of the world’s rice fields. Increases in salinity from rising seas, water scarcity, disease

and weeds will affect fields in many other cases.

To keep rice a viable crop, researchers are looking into wild rice varieties for genetic diversity

that might help one crop survive the salty intrusion of water in fields near a coast. One such

researcher, Robert Henry of the University of Queenland led an expedition into the wilds of Cape

York to search for the wildest wild rice.Hamilton explains that such a trek is needed because

even wild rice relatives have been genetically contaminated by cultivated crops. In most of Asia,

wild Oryza has been partially tamed. Cape York, far from rice fields, offers a unique

opportunity. Read the whole article at The California Sunday Magazine for descriptions of

swamps and savannah during the dry season, oppressive heat, the list of gear needed to sustain

researchers, journalist and guides, and the unexpected fervor that hunting for wild rice plants can

cultivate http://www.smithsonianmag.com/smart-news/find-new-rice-species-scientists-brave-remote-tropical-

swamps-180956536/?no-ist

Adverse weather, a challenge to rice science

Wednesday, September 09, 2015

RICE research and development should be more vigorous in the provinces where farmers are at

the forefront of coping with changes in the way rice is grown, a prominent rice expert said.This

is especially true in changing and adverse climate conditions, said Dr. Calixto M. Protacio, the

new Executive Director of the Philippine Rice Research Institute (PhilRice).With the

International Rice Research Institute (IRRI), PhilRice is developing Golden Rice. Using the tools

of modern biotechnology, researchers have incorporated in the Golden Rice the genes from corn

and a common soil microorganism so that it produces beta carotene, a source of vitamin A. It

will benefit Filipinos who suffer from vitamin A deficiency.Protacio also believes that rice

farmers should diversify in order to earn more.

The 1.04 hectare average rice farm should raise more than just the crop and go for raising

chickens, ducks, fish and high-value crops.In an interview with Science Philippines, he said rice

science faces R&D hurdles.To start with, there are fewer rice farmers. The land available for rice

cultivation is also shrinking, going to urban expansion and subdivisions.One way of coping with

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the challenge is to increase the harvest even while fewer farmers are planting in the same or even

in smaller plots. The average rice yield is 4 tons per hectare, harvested in 2014 from 4.7 million

hectares.“We want to increase yields to 10 tons per hectare, or at least 8 tons per hectare with

high yielding varieties and hybrid rice,” Protacio said. “We need to intensify cultivation and

increase output per unit area and we need to increase the yield per hectare.

”The average hybrid rice yield in the Philippines is 6 tons to 8 tons per hectare. In 2014 hybrid

rice was planted in 235,000 hectares, with 15 percent developed by publicly-funded R&D in

PhilRice, IRRI, Philippine-Sino Center for Agricultural Technology and state universities and

colleges; the rest came from private seed companies.Even conventional high-yield varieties raise

yields. “It is achievable as shown by PhilRice’s Palayabangan program which has led some

farmers to harvest 10 tons per hectare at a cost of P5 to produce a kilogram of rice,” Protacio

said. (SciencePhilippines)

Published in the Sun.Star Baguio newspaper on September 10, 2015. http://www.sunstar.com.ph/baguio/local-news/2015/09/09/adverse-weather-challenge-rice-science-429376

How to ensure rice self-sufficiency in Nigeria, by processors By Ahmed Dio Agbo | Publish Date: Sep 10 2015 4:18AM | Updated Date: Sep 9 2015 11:46PM

Trucks loading rice from combine harvesters at Olam’s rice farm in Doma, Nasarawa state

A foremost stakeholder in the Nigerian rice value chain has listed eight ways to boost domestic

rice production so as to ensure self-sufficiency. Dropping the hint recently in Abuja, the

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Chairman, National Rice Millers Association of Nigeria (NRMAN) and Chief Executive Officer

of Umza Rice, Alhaji Mohammed Abubakar, maintained that the advice must be seriously

considered if the country was truly desirous of halting rice importation in the near future.The

eight ways to ensure rice self-sufficiency, according to Alhaji Abubakar, include the provision of

improved seeds and seedlings to ensure higher yield, provision of adequate tractors/equipment,

and improvement in mechanisation, access to land, as well as land clearing services by the

government. Others are access to fund at low interest rate, access to quality inputs such as

fertilizer and agrochemicals, access to market and market expansion.

The chairman lamented the high cost of rice production, which he attributed to the high cost of fund and

power, among others.“We can operate because of the Central Bank of Nigeria (CBN) credit facility

window at 9 per cent interest rate. At a commercial interest rate of between 20 to 24 per cent, no rice

miller can survive,” the rice miller noted, adding, “And we have to buy diesel to power the mills with

generators. This is apart from the high cost of transportation and other infrastructural challenges. It is very

difficult to compete with foreign millers under this environment.

”The chairman said 21 rice mills were established in four years, and if that trend continues under a good

investment climate, in the next few years, many mills will spring up and the country will be exporting

rice.He hailed the CBN for placing rice paddy on the restriction list for accessing foreign exchange for the

importation of the commodity, saying the policy would go a long way in boosting rice production and

processing in the country.http://www.dailytrust.com.ng/news/agriculture/how-to-ensure-rice-self-

sufficiency-in-nigeria-by-processors/110187.html

Farmers asked not to plant crops seek help 9 Sep 2015 at 14:19 2,315 viewed

WRITER: SUNTHON PONGPAO AND CHUDATE SEEHAWONG

Rice farmers in Ayutthaya are appealing for state assistance after irrigation authorities again

asked growers in the Chao Phraya River basin not to plant new crops because of the low water

levels in four main dams.The plea was made by Rattana Khongsomkaew, chair of a group of

irrigators using the Nakhon Luang water supply and maintenance project.She said on

Wednesday the Royal Irrigation Department (RID) had recently warned of crop losses in rice

planting areas in Chai Nat, Singburi, Ang Thong, Suphan Buri, Uthai Thani and Ayutthaya

provinces this year because of the shortage of water in the Bhumibol, Sirikit, Pasak Chonlasit

and Kwai Noi dams.

Farmers were aware of the water situation, but needed government assistance if they were

expected to again delay planting a crop, she said.Early this year, the RID had asked farmers to

stop planting a second rice crop. In mid-year another warning had been issued, requesting

farmers not to plant an off-season crop, she said.Farmers did not know how they could pay off

their debts if they did not grow a rice crop. Alternative careers promoted by the government

could not help all farmers, she said.She urged the government to more efficiently manage the

water in the four main dams. Water downstream from the dams should be efficiently allocated

for agriculture, household and factory use, to prevent a war over water, Mrs Rattana said.

According to the RID’s water coordination and monitoring centre, the Bhumibol dam reservoir

held 4,374 million cubic metres of water, or 32% of its capacity, as of Wednesday. The Sirikit

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dam had 4,029 million cu/m, or 42% of its holding capacity.The Pasak Chonlasit dam had 112

million cu/m, or 12%, and the Kwai Noi dam 241 million cu/m, or 26%. Narongkorn Somton,

director of the Regional Irrigation Office 12, said in a letter issued to governors of Chat Nat,

Sing Buri, Ang Thong, Suphan Buri, Uthai Thani and Ayutthaya provinces on Sept 7 that the

amount of usable water at the four major dams was just 1,955 million cu/m. The dams

discharged 16 million cu/m per day.

He cited the Meteorological Department as forecasting lower than average rainfall this month,

and said there would be only a small amount of water flowing into several reservoirs. Once the

rainy season ended, the four major dams could not allocate water to irrigate farmland.In the

letter, Mr Narongsak sought cooperation from farmers in those provinces, asking that

they refrain from growing rice continuously. Natural water sources should be reserved for home

consumption. He also urged people to use water economically, to ensure the maximum benefit.

In Chai Nat, a riverfront house in Muang district developed cracks and the rear of the structure

collapsed when a kilometre-long section of the Chao Phaya riverbank subsided. The river is

receding by about 10cm a day, eating away at the banks as it falls.

Chalor In-muang, 60, owner of the house, said she and her family had been forced to evacuate to

a safer area.The elderly woman said the river level was the lowest she had ever seen it, and she

had lived in the area for 15 years. During that time she had been forced to repair her house three

times, at a cost of more than 400,000 baht.This time, she would not have it fixed, as her

family feared for their lives if they remained living there and the river bank continued to

collapse.Ekkasit Sakdeethanaporn, director of the Chao Phraya Dam project, said the water level

All About Rice News

Daily Global Rice E-Newletter

14

upstream of the dam at tambon Bang Luang of Sapphaya district of Chai Nat had dropped by

10cm to 13.59 metres above mean sea level on Wednesday.

It was 41cm below the critical 14 metre point. The water level in downstream areas had fallen to

5.90 metres.The dam had reduced its discharge rate at 70 cubic metres of water per second, he

said.On Tuesday, Prime Minister Prayut Chan-o-cha asked people to closely follow the water

situation, pointing out the amount of water held in several major reservoirs was unusually low

this year. He also instructed state agencies to help create a better public understanding of the

water situation.

A riverfront house in Chai Nat collapses as the water in the Chao Phraya River keeps receding,

causing soil erosion along the river banks. (Photo by Chudate Seehawong)

Bangkok Post

Lower sales volume, prices seen at latest rice auction 9 Sep 2015 at 07:51

NEWSPAPER SECTION: BUSINESS | WRITER: PHUSADEE ARUNMAS

A farmer checks the harvested paddy at a field in Nong Chok area of Bangkok in January 2015.

(Bangkok Post file photo)

All About Rice News

Daily Global Rice E-Newletter

15

The Commerce Ministry has

sold 246,793 tonnes of rice for

2.33 billion baht in its latest

auction yesterday, which

attracted 33 bidders.That

volume accounts for 33.7% of

the 732,806 tonnes of rice put

up for the sixth tender the

ministry called this

year.Duangporn Rodphaya,

director-general of the Foreign

Trade Department, said the

department agreed to sell

various kinds of rice from the

43 warehouses to 14 buyers

who passed the floor-value price

criteria.The grains are mainly 155,211 tonnes of 5% white rice at an average price of 9,885 baht

a tonne and 79,567 tonnes of broken white rice at 8,642 baht a tonne.The ministry will seek final

approval from the National Rice Policy Committee, chaired by Prime Minister Prayut Chan-o-

cha, to sell the rice together with a decision to sell the remaining 13.5 million tonnes of state

stocks.

Since Gen Prayut took office, the Commerce Ministry has held 10 auctions, with 4.55 million

tonnes sold for 49.6 billion baht.The auctions including the six this year are part of attempts to

speed up disposal of 18 million tonnes of state stocks accumulated from rice-pledging schemes

run from 2011-14.Ms Duangporn admitted the ministry could not sell as large a volume of rice in

this latest auction as in previous ones. Selling prices are also lower than in the earlier

auctions.She attributed the decline to weak global rice prices due to harvesting season, which

starts next month.Of the 13.5 million tonnes of rice now left, 5.9 million tonnes have been

classified as low quality or rotten.

"Market prices are low, and the quality of our stocks is decreasing, so we need advice from

today's National Rice Policy Committee meeting on better methods of unloading the grains," Ms

Duangporn said.She foresees the harvest season making it difficult for the ministry to sell rice at

a satisfactory price.The committee will also be asked to approve rice sales to the Philippines,

which is set to buy 750,000 tonnes of 25% white rice from foreign sellers.Regarding the present

weak prices, Chookiat Ophaswongse, an honorary president of the Thai Rice Exporters

Association, said it would be more difficult for the ministry to sell rice by the warehouse or other

large amounts from now on."Global prices don't look set to increase, and the huge stock in

Thailand is one factor behind this," he said.He suggests the authorities unload good-quality rice

in small volumes of no more than 200,000 tonnes before the harvest season."Sales must pause

when the fresh grains are harvested in October and November," Mr Chookiat added.

Bangkok Post

All About Rice News

Daily Global Rice E-Newletter

16

Nitrogen Use Efficient Rice Demonstrates an Average Yield

Increase of 30 Percent in Four Years of Field Trial

-- Major Yield Increase Has the Potential to Change the Economics of Rice Production and

Enhance Food Security -- September 09, 2015 09:25 AM Eastern Daylight Time

DAVIS, Calif. & PALMIRA, Colombia & NAIROBI, Kenya--(BUSINESS WIRE)--Four years of field trials

with a leading line of Nitrogen Use Efficient (NUE) rice have demonstrated an average 30 percent yield

increase over conventional controls. These results were reported jointly today by Arcadia Biosciences, Inc., an

agricultural technology company, the International Center for Tropical Agriculture (CIAT) and the African

Agricultural Technology Foundation (AATF). CIAT has been testing the novel rice lines using Arcadia’s NUE

trait at the center’s research fields in Colombia.

“Yield increases of this magnitude have the potential to significantly change the

economics of rice production, benefitting farmers, rural economies and food security

simultaneously” In this most recent field trial under irrigated upland conditions and 50 percent of normal nitrogen

fertilizer application, the leading NUE rice line out-yielded the conventional control lines by 34

percent. In the three previous years of trials under both irrigated lowland and upland rainfed

conditions, the leading line out-yielded control lines by 22, 30 and 33 percent, respectively.Over

the four years of field trials, the average yield increase for the leading NUE rice line was 30

percent over the conventional controls. In the fourth-year trial, two additional NUE rice lines

increased grain yield by 24 to 28 percent at 17 percent of normally applied nitrogen fertilizer in

Colombia, and by 10 to 22 percent at 50 percent of normal nitrogen application.

“Yield increases greater than 15 percent from a single trait are very rare in agriculture,” said Eric

Rey, president and CEO of Arcadia. “For our NUE trait in rice, we now have a solid history over

four years of independent field testing at CIAT showing consistent yield increases well above 20

percent. These results in NERICA rice, combined with our results in other types of rice,

demonstrate the major yield increase opportunity from our NUE trait in all major types of

rice.”“Yield increases of this magnitude have the potential to significantly change the economics

of rice production, benefitting farmers, rural economies and food security simultaneously,” Rey

added.

“Together with our seed company partners, Arcadia is working diligently to bring commercial

seed with our NUE trait to farmers in rice and several other major crops.”Arcadia currently has

five NUE products, including NUE rice, in Phase 3 of product development. The company

recently completed the US Food and Drug Administration (FDA) Early Food Safety Evaluation

for the NUE trait, which establishes the foundation of trait safety data for future regulatory

approvals of the trait in all crops globally.Rice is the world’s most valuable crop, grown on 165

million hectares globally with a harvest value of $429.3 billion in 2013. The crop plays a critical

role in food security for more than half of the world’s population.

In a recent report, the International Food Policy Research Institute predicted that sustainable

maintenance of food security in the face of climate change and population growth will require a

All About Rice News

Daily Global Rice E-Newletter

17

combination of technologies that target broad-based yield improvement, improved nitrogen use

efficiency, and abiotic stresses such as heat and drought.Arcadia’s NUE trait was developed to

help farmers increase crop yields per unit of applied nitrogen fertilizer. Nitrogen fertilizer is a

key input to the global agricultural industry for increasing crop yield, but conventional crops

typically utilize less than half of nitrogen fertilizer applied.

Much of the remainder moves through the soil and enters ground and surface water systems, or

volatilizes into the air as a greenhouse gas 300 times more potent than carbon dioxide. Arcadia’s

NUE trait enables plants to produce higher yields while reducing the environmental footprint of

agriculture.The NUE rice field trials in Colombia are part of a five-year collaboration between

Arcadia, CIAT and AATF under the Nitrogen-use Efficient, Water-use Efficient and Salt

Tolerant (NEWEST) rice project. The collaboration is funded by the United States Agency for

International Development (USAID) under Feed the Future, the U.S. Government’s global

hunger and food security initiative.

About Arcadia Biosciences, Inc.

Based in Davis, Calif., with additional facilities in Seattle, Wash. and Phoenix, Ariz., Arcadia

Biosciences (NASDAQ: RKDA) develops agricultural products that create added value for

farmers while benefitting the environment and enhancing human health. Arcadia’s agronomic

performance traits, including Nitrogen Use Efficiency, Water Use Efficiency, Salinity Tolerance,

Heat Tolerance and Herbicide Tolerance, are all aimed at making agricultural production more

economically efficient and environmentally sound. Arcadia’s nutrition traits and products are

aimed at creating healthier ingredients and whole foods with lower production costs. The

company was recently listed in the Global Cleantech 100 and was previously named one of MIT

Technology Review's 50 Smartest Companies. For more information, visit www.arcadiabio.com.

About the International Center for Tropical Agriculture (CIAT)

CIAT is an international agricultural research organization focused on eco-efficient agriculture

that is, farming systems that better harness the available resources to be more competitive and to

sustainably increase productivity, while leaving a smaller environmental footprint. CIAT

significantly contributes to major global initiatives that seek to reduce rural poverty, strengthen

food security, improve human health and nutrition, and sustainably manage natural resources

throughout the developing world. For more information, visit www.ciatnews.cgiar.org.

About The African Agricultural Technology Foundation (AATF) The African Agricultural Technology Foundation (AATF) is a not-for-profit organization that

facilitates and promotes public/private partnerships for the access and delivery of appropriate

agricultural technologies with potential to increase the productivity of resource-poor smallholder

farmers in Sub-Saharan Africa. For more information, visit www.aatf-africa.org.

About USAID USAID is the lead U.S. Government agency that works to end extreme global poverty and enable

resilient, democratic societies to realize their potential.

All About Rice News

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18

About Feed the Future Feed the Future is the U.S. Government’s global hunger and food security initiative. With a

focus on smallholder farmers, particularly women, Feed the Future supports partner countries in

developing their agriculture sectors to spur economic growth and trade that increase incomes and

reduce hunger, poverty and under nutrition. For more information, visitwww.feedthefuture.gov.

Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private

Securities Litigation Reform Act of 1995, including statements relating to Arcadia’s NUE trait

and the regulatory process for such trait. Forward-looking statements are subject to risks and

uncertainties that could cause actual results to differ materially, and reported results should not

be considered as an indication of future performance.

These risks and uncertainties include, but are not limited to: Arcadia’s and its partners’ ability to

develop commercial products incorporating its traits, including the NUE trait, and complete the

regulatory review process for such products; Arcadia’s compliance with laws and regulations

that impact the company’s business, and changes to such laws and regulations; Arcadia’s future

capital requirements and ability to satisfy its capital needs; and the other risks set forth in

Arcadia’s filings with the Securities and Exchange Commission from time to time, including the

risks set forth in Arcadia’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015

and other filings. These forward-looking statements speak only as of the date hereof, and Arcadia

Biosciences, Inc. disclaims any obligation to update these forward-looking statements.

Contacts Arcadia Biosciences, Inc.

Jeff Bergau

[email protected]

+1-312-217-0419

http://www.businesswire.com/news/home/20150909005548/en/Nitrogen-Efficient-Rice-Demonstrates-

Average-Yield-Increase#.VfizOxFViko

Adverse weather, a challenge to rice science Wednesday, September 09, 2015

RICE research and development should be more vigorous in the provinces where farmers are at

the forefront of coping with changes in the way rice is grown, a prominent rice expert said.This

is especially true in changing and adverse climate conditions, said Dr. Calixto M. Protacio, the

new Executive Director of the Philippine Rice Research Institute (PhilRice).With the

International Rice Research Institute (IRRI), PhilRice is developing Golden Rice. Using the tools

of modern biotechnology, researchers have incorporated in the Golden Rice the genes from corn

and a common soil microorganism so that it produces beta carotene, a source of vitamin A. It

will benefit Filipinos who suffer from vitamin A deficiency.

Protacio also believes that rice farmers should diversify in order to earn more. The 1.04 hectare

average rice farm should raise more than just the crop and go for raising chickens, ducks, fish

All About Rice News

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19

and high-value crops.In an interview with Science Philippines, he said rice science faces R&D

hurdles.To start with, there are fewer rice farmers. The land available for rice cultivation is also

shrinking, going to urban expansion and subdivisions.One way of coping with the challenge is to

increase the harvest even while fewer farmers are planting in the same or even in smaller plots.

The average rice yield is 4 tons per hectare, harvested in 2014 from 4.7 million hectares.

“We want to increase yields to 10 tons per hectare, or at least 8 tons per hectare with high

yielding varieties and hybrid rice,” Protacio said. “We need to intensify cultivation and increase

output per unit area and we need to increase the yield per hectare.”The average hybrid rice yield

in the Philippines is 6 tons to 8 tons per hectare. In 2014 hybrid rice was planted in 235,000

hectares, with 15 percent developed by publicly-funded R&D in PhilRice, IRRI, Philippine-Sino

Center for Agricultural Technology and state universities and colleges; the rest came from

private seed companies.Even conventional high-yield varieties raise yields. “It is achievable as

shown by PhilRice’s Palayabangan program which has led some farmers to harvest 10 tons per

hectare at a cost of P5 to produce a kilogram of rice,” Protacio said. (SciencePhilippines)

http://www.sunstar.com.ph/baguio/local-news/2015/09/09/adverse-weather-challenge-rice-science-

429376

Nagpur Foodgrain Prices Open-Sep 09

Nagpur Foodgrain Prices - APMC & Open Market-September 9

Nagpur, Sept 9 Gram prices reported down in Nagpur Agriculture Produce and Marketing

Committee (APMC) here on poor buying support from local millers amid high moisture content

arrival. Release of stock from stockists and weak trend in Madhya Pradesh gram prices also

affected sentiment, according to sources.

* * * *

FOODGRAINS & PULSES

GRAM

* Desi gram raw recovered in open market on renewed demand from local traders. Fresh

enquiries from South-based traders also pushed up prices.

TUAR

* Tuar varieties zoomed up in open market here on festival buying support from local

traders amid tight supply from producing regions. Weak overseas arrival also jacked

up prices here.

* Udid varieties reported strong in open market on good buying support from local

traders amid thin arrival from producing regions.

* In Akola, Tuar - 9,700-10,100, Tuar dal - 13,800-14,100, Udid at 9,100-9,300,

Udid Mogar (clean) - 10,900-11,400, Moong - 7,600-7,800, Moong Mogar

All About Rice News

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20

(clean) 9,200-9,800, Gram - 4,600-4,900, Gram Super best bold - 6,100-6,300

for 100 kg.

* Rice, wheat and other commodities remained steady in open market in thin trading

activity, according to sources.

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

FOODGRAINS Available prices Previous close

Gram Auction 4,300-5,200 4,400-5,290

Gram Pink Auction n.a. 2,100-2,600

Tuar Auction n.a. 8,000-9,200

Moong Auction n.a. 6,000-6,400

Udid Auction n.a. 4,300-4,500

Masoor Auction n.a. 2,600-2,800

Gram Super Best Bold 6,500-6,800 6,500-6,800

Gram Super Best n.a.

Gram Medium Best 5,900-6,100 5,900-6,100

Gram Dal Medium n.a. n.a.

Gram Mill Quality 5,800-5,900 5,800-5,900

Desi gram Raw 5,150-5,200 5,100-5,150

Gram Filter new 6,200-6,400 6,200-6,400

Gram Kabuli 6,400-7,500 6,400-7,500

Gram Pink 6,800-7,000 6,800-7,000

Tuar Fataka Best 14,500-14,800 14,000-14,500

Tuar Fataka Medium 13,300-13,900 13,000-13,600

Tuar Dal Best Phod 12,900-13,100 12,600-12,800

Tuar Dal Medium phod 12,300-12,800 12,000-12,500

Tuar Gavarani New 10,200-10,400 10,000-10,200

Tuar Karnataka 10,400-10,800 10,200-10,600

Tuar Black 12,100-12,300 12,100-12,300

Masoor dal best 8,200-8,700 8,200-8,700

Masoor dal medium 7,900-8,300 7,900-8,300

Masoor n.a. n.a.

Moong Mogar bold 9,600-9,900 9,600-9,900

Moong Mogar Medium best 8,200-8,800 8,200-8,800

Moong dal Chilka 8,700-8,900 8,700-8,900

Moong Mill quality n.a. n.a.

Moong Chamki best 8,400-9,200 8,400-9,200

Udid Mogar Super best (100 INR/KG) 11,300-11,900 11,200-11,800

Udid Mogar Medium (100 INR/KG) 10,500-10,900 10,400-10,800

Udid Dal Black (100 INR/KG) 9,200-9,700 9,100-9,600

Batri dal (100 INR/KG) 5,200-5,600 5,200-5,600

Lakhodi dal (100 INR/kg) 4,000-4,200 4,000-4,200

Watana Dal (100 INR/KG) 3,200-3,450 3,200-3,450

All About Rice News

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21

Watana White (100 INR/KG) 3,000-3,200 3,000-3,200

Watana Green Best (100 INR/KG) 3,300-3,600 3,300-3,600

Wheat 308 (100 INR/KG) 1,400-1,500 1,400-1,500

Wheat Mill quality(100 INR/KG) 1,650-1,750 1,650-1,750

Wheat Filter (100 INR/KG) 1,350-1,550 1,350-1,550

Wheat Lokwan best (100 INR/KG) 2,250-2,400 2,250-2,400

Wheat Lokwan medium (100 INR/KG) 1,950-2,100 1,950-2,100

Lokwan Hath Binar (100 INR/KG) n.a. n.a.

MP Sharbati Best (100 INR/KG) 3,400-3,700 3,400-3,700

MP Sharbati Medium (100 INR/KG) 2,750-2,900 2,750-2,900

Rice BPT best(100 INR/KG) 3,100-3,300 3,100-3,300

Rice BPT medium(100 INR/KG) 2,800-3,000 2,800-3,000

Rice Parmal (100 INR/KG) 1,700-1,900 1,700-1,900

Rice Swarna best (100 INR/KG) 2,000-2,300 2,000-2,300

Rice Swarna medium (100 INR/KG) 1,900-2,000 1,900-2,000

Rice HMT best(100 INR/KG) 3,500-3,900 3,500-3,900

Rice HMT medium(100 INR/KG) 3,200-3,300 3,200-3,300

Rice HMT Shriram best(100 INR/KG) 4,800-5,100 4,800-5,100

Rice HMT Shriram med.(100 INR/KG) 4,000-4,500 4,000-4,500

Rice Basmati best (100 INR/KG) 8,000-10,000 8,000-10,000

Rice Basmati Medium (100 INR/KG) 7,000-7,500 7,000-7,500

Rice Chinnor best (100 INR/KG) 5,200-5,400 4,900-5,100

Rice Chinnor medium (100 INR/KG) 4,700-5,000 4,400-4,800

Jowar Gavarani (100 INR/KG) 2,100-2,350 2,100-2,350

Jowar CH-5 (100 INR/KG) 2,400-2,500 2,400-2,500

WEATHER (NAGPUR)

Maximum temp. 33.0 degree Celsius (91.4 degree Fahrenheit), minimum temp.

22.6 degree Celsius (72.7 degree Fahrenheit)

Humidity: Highest - 98 per cent, lowest - 71 per cent.

Rainfall : 19.4 mm

FORECAST: Partly cloudy sky. Rains or thunder-showers likely. Maximum and minimum

temperature would be around and 34 and 23 degree Celsius respectively.

Note: n.a.--not available

(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)

http://in.reuters.com/article/2015/09/09/nagpur-foodgrain-idINL4N11F2ZD20150909

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.

All About Rice News

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22

Soybeans

High Low

Cash Bids 910 856

New Crop 899 818

Riceland Foods

Cash Bids Stuttgart: - - - Pendleton: - - -

New Crop Stuttgart: - - - Pendleton: - - -

Futures:

High Low Last Change

Sep '15 894.00 882.50 882.75 -8.00

Nov '15 885.75 870.75 872.25 -7.00

Jan '16 888.75 874.75 876.00 -6.25

Mar '16 890.50 877.25 878.50 -5.50

May '16 892.00 879.50 880.50 -5.25

Jul '16 894.75 883.00 884.25 -4.75

Aug '16 891.75 881.75 883.00 -5.00

Sep '16 878.50 870.25 871.00 -4.25

Nov '16 873.25 863.00 864.75 -5.00

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

All About Rice News

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23

Soybean Comment Soybeans closed lower today. Another crop conditions report that showed a good crop and even has some

speculating the USDA may again raise yields this month. With prices near contract lows and uncertainty

surrounding China more supplies in this market would be detrimental to prices.

Wheat

High Low

Cash Bids -- --

New Crop 483 458

Futures:

High Low Last Change

Sep '15 470.25 463.00 462.00 -3.25

Dec '15 481.00 471.00 472.25 -2.75

Mar '16 487.75 479.00 480.25 -2.75

May '16 492.50 484.25 485.50 -2.50

Jul '16 496.50 488.75 490.25 -2.25

Sep '16 504.25 498.00 499.75 -1.50

Dec '16 517.50 512.00 512.00 -2.25

Mar '17 522.75 521.50 521.50 -2.00

May '17 516.50 516.50 519.50 -5.25

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

All About Rice News

Daily Global Rice E-Newletter

24

Wheat Comment Wheat prices closed lower again today. While there is not expected to be major revisions to the U.S. balance

sheet the market could see more increases in global supplies which would continue to keep the pressure on

prices and could push wheat to new contract lows.

Grain Sorghum

High Low

Cash Bids 383 340

New Crop 383 352

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn

High Low

Cash Bids 378 323

New Crop 358 330

Futures:

High Low Last Change

Sep '15 359.25 353.25 356.50 +1.50

Dec '15 372.50 366.00 369.00 +0.75

Mar '16 383.75 377.25 380.25 +0.50

May '16 390.75 384.25 387.50 +0.75

All About Rice News

Daily Global Rice E-Newletter

25

Jul '16 395.75 389.75 392.50 +0.50

Sep '16 390.50 385.00 388.00 +1.25

Dec '16 396.75 391.00 394.50 +1.25

Mar '17 407.00 403.75 404.75 +1.00

May '17 411.50 410.00 411.00 +1.00

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment Corn prices closed slightly higher today. The market continues to hold lows set following the August USDA

report. With another report scheduled for Friday and the USDA continued reporting of 68-percent of the crop

rated good to excellent we are not likely to see major adjustments in the corn supplies this month. Supplies will

remain ample which will continue cause concerns over the carryover in this year's crop.

Cotton

Futures:

High Low Last Change

Oct '15 63.94 63.15 63.32 0.03

Dec '15 63.63 62.86 62.92 -0.36

Mar '16 63.39 62.61 62.68 -0.26

Memphis, TN Cotton and Tobacco Programs

Cotton Comment Cotton futures ended lower after trading was confined within Tuesday’s range. The US agricultural attaché

forecasts for China added to the negative undertone. Cotton imports are expected to be only 5.75 million bales

due to an only weak recovery in cotton use and a tight import quota. From a technical perspective, December is

attempting to consolidate just above support at 62 cents. Resistance begins at 64 cents.

All About Rice News

Daily Global Rice E-Newletter

26

Rice

High Low

Long Grain Cash Bids - - - - - -

Long Grain New Crop - - - - - -

Futures:

High Low Last Change

Sep '15 1222.0 1222.0 1221.5 +20.5

Nov '15 1261.5 1220.0 1246.5 +20.0

Jan '16 1290.0 1250.0 1275.0 +19.5

Mar '16 1297.0 +17.0

May '16 1315.5 +13.0

Jul '16 1327.0 1320.0 1330.5 +13.0

Sep '16 1251.0 +13.5

Rice Comment Rice futures posted sharp gains today. News that the Philippines is in the process of re-evaluating the volume

of rice that will need to be imported in the 2016 marketing year. Previous recommendations were based upon a

relatively weak El Nino weather pattern, which has since intensified. The Philippines is one of the largest rice

importers in the world. Harvest is well under way in the US, with 35% of the crop in the bins as of Sunday,

September 6. November shattered previous resistance at the August high of $12.34, finally running out of

steam at $12.61 ½.

Cattle

Futures:

Live Cattle:

All About Rice News

Daily Global Rice E-Newletter

27

High Low Last Change

Oct '15 144.425 142.675 142.775 -0.700

Dec '15 146.700 144.775 144.825 -0.950

Feb '16 146.525 144.975 145.000 -0.625

Apr '16 145.325 143.825 143.900 -0.550

Jun '16 136.850 135.575 135.650 -0.425

Aug '16 134.750 134.200 134.225 +0.175

Oct '16 137.100 136.450 136.800 +0.650

Dec '16 137.650 137.000 137.400 +0.550

Feb '17 136.700 136.000 136.750 +0.750

Feeders:

High Low Last Change

Sep '15 205.000 203.250 203.675 -0.625

Oct '15 200.750 198.225 198.225 -1.300

Nov '15 197.900 195.575 195.575 -1.175

Jan '16 191.800 189.625 189.625 -1.025

Mar '16 188.900 187.100 187.100 -0.775

Apr '16 188.150 187.550 187.550 -0.650

May '16 188.250 187.325 187.325 -0.700

Aug '16 188.500 187.675 188.000 -0.200

Arkansas Prices

Conway Livestock Auction

Pocahontas Livestock Auction

All About Rice News

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28

Oklahoma City

Oklahoma City - Weekly Weighted Average Summary Wednesday

Cattle Comment

Cattle prices gave back a small amount of yesterday's large gains. Prices remain on the defensive

and continue to have difficulty maintaining gains as a strong dollar and record imports from

Australia remain a drag on prices.

Hogs

Futures:

High Low Last Change

Oct '15 69.375 68.300 69.075 +0.300

Dec '15 64.150 63.075 63.650 +0.050

Feb '16 68.750 67.750 68.200 0.000

Apr '16 72.325 71.500 71.800 -0.075

May '16 77.000 76.375 76.450 -0.300

Jun '16 80.350 79.800 80.025 -0.175

Jul '16 79.500 79.175 79.450 +0.200

Aug '16 78.700 78.050 78.650 +0.325

Oct '16 67.400 67.000 67.000 -0.300

http://www.arfb.com/ag-markets-statistics/report/