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Pakistan rice sellers lowered their quotes for 5% broken rice and Parboiled rice by about $10 per
ton and about $5 per ton to around $345 - $355 per ton and around $395 - $405 per ton,
respectively, and increased their quotes for 100% broken rice by about $10 per ton to around
$290 - $300 per ton. Other Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is quoted at around $405 - $415 per ton, about $50 per ton premium on
Vietnam 5% rice shown at around $355 - $365 per ton. India 5% rice is quoted at around $395 $405 per ton, about $50 per ton premium on Pakistan 5% rice quoted at around $345 - $355 per
ton, down about $10 per ton from yesterday.
25% Broken Rice
Thailand 25% rice is quoted at around $365 - $375 per ton, about $40 per ton premium on
Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is quoted at around $360
- $370, about $50 per ton premium on Pakistan 25% rice quoted at around $310 - $320 per ton.
Parboiled Rice
Thailand parboiled rice is quoted at around $405 - $415 per ton. India parboiled rice is quoted at
around $390 - $400 per ton, about $5 per ton discount to Pakistan parboiled rice quoted at around
$395 - $405 per ton, down about $5 per ton from yesterday.
100% Broken Rice
Thailand broken rice, A1 Super, is quoted at around $320 - $330 per ton, about $15 per ton
premium on Vietnam 100% broken rice shown at around $305 - $315 per ton. India's 100%
broken rice is shown at around $295 - $305 per ton, about $5 per ton premium on Pakistan
broken sortexed rice quoted at around $290 - $300 per ton, up about $10 per ton from yesterday.
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Oryza.com -
The UN's Food and Agricultural Organization (FAO) has estimated 2014-15 global rice
production to decline marginally to around 496.2 million tons from last year's 496.8 million tons,
and marginally up from its previous estimate of 495.6 million tons. The decline in world's rice
production is attributed to decline in production in South America, Sri Lanka, Australia and
Madagascar, according to the FAO.
The FAO estimates 2014-15 global rice utilization at around 500.1 million tons, up about 2%
from around 490.1 million tons in 2013-14 and slightly up from its previous estimate of 499.6
million tons due to a likely increase in consumption in many countries. It estimates the average
world per capita consumption at around 57.5 kilograms in this year.
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India 5% broken
395-405
U.S. 4% broken
495-505
Uruguay 5% broken NQ
Argentina 5% broken NQ
Chicago rough rice futures for Mar delivery settled 20 cents per cwt (about $4 per ton) higher at
$10.450 per cwt (about $230 per ton). Rough rice futures bounced higher today as the market
appears to have found some buying support following Tuesdays near term low of $10.010 per
cwt (about $221 per ton). Some trade commentators are pointing to a floor being put in place and
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes,
ended the month of January at about $422 per ton, down about $9 per ton from a month ago and
down about $42 per ton from a year ago.The International Grains Council (IGC) has estimated
the 2015 world rice trade at about 41.6 million tons, slightly down from about 42 million tons in
2014 as a reduction in imports to Far Eastern countries such as China, Indonesia and the
Philippines is expected to be partially offset by increased imports to other regions such as Africa.
The IGC estimates 2014-15 global rice production at about 474 million tons, slightly down from
about 475 million tons in 2013-14. It expects global rice consumption in 2014-15 to increase to
about 482 million tons, up about 1.2% from about 476 million tons in 2013-14 due to expected
increased consumption in Asian countries. It expects world rice ending stocks in 2014-15 to
decline to about 101.6 million tons from about 109 million tons in the previous year.
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The U.S. cash market was unchanged today however buy and sell interest continues to be very
limited as buyers remain mostly hand to mouth while most sellers are still waiting for prices to
improve.In the meantime, the USDA reported that cumulative net export sales for the week
ending on January 29, totaled 60,600 tons, which was 87% higher than last week and 3% higher
than the prior 4-week average.
Increases were reported for the following destinations: 31,500 tons to Colombia, 8,800 tons to
Honduras including 8,000 tons switched from unknown destinations, 6,000 tons to
Saudi Arabia, 5,000 tons to Jordan, and 3,800 tons to Mexico. Decreases of 3,000 tons were
reported for unknown destinations as well as 700 tons to Costa Rica and 300 tons to Guatemala.
U.S. rice exporters shipped 60,600 tons, which was 19% lower than last week and 24% lower
than the prior 4-week average. The primary destinations included 17,800 tons to Costa Rica,
16,700 tons to Haiti, 8,800 tons to Honduras, 4,700 tons to Mexico, and 4,700 tons to Guatemala.
Chicago rough rice futures for Mar delivery are currently listed 19.5 cents per cwt (about $4 per
ton) higher at $10.300 per cwt (about $230 per ton) during early floor trading in Chicago. The
other grains are all seen trading higher as well: soybeans are currently seen about 0.6% higher,
wheat is listed about 2.4% higher and corn is currently noted about 0.7% higher.U.S. stocks
traded higher on Thursday, shaking off concerns about Greece and lackluster U.S. data ahead of
tomorrow's all-important jobs report.
The Dow Jones Industrial Average spiked 100 points in the minutes following the open. Oil also
recovered to trade just under $50 a barrel with gains of more than 2% after closing nearly 9
percent lower on Wednesday. The European Central Bank's announcement late on Wednesday
that revoked a waiver allowing banks to use Greek government debt as collateral for loans rattled
stocks slightly before the close. The Dow Jones Industrial Average still eked out a positive gain
of about 6 points, buoyed by Disney's nearly 8% gain. Futures held gains after digesting U.S.
economic data before the bell.
Weekly jobless claims came in at 278,000, below estimates of 290,000 and above last week's
267,000 figure. Non-farm productivity fell a greater-than-expected 1.8% for the fourth quarter.
Economists had forecast productivity, which measures hourly output per worker, rising at a 0.5%
pace. Gold is currently trading about 0.5% lower, crude oil is seen trading about 3% higher, and
the U.S. dollar is currently trading about 0.1% lower at 8:30am Chicago time.
Rice husk mixed with annelids (segmented worms) can be transformed into organic humus that
can used as fertilizer in cultivation of rice and many other crops. The process of transforming
rice husk into organic manure is developed by a Spanish-Colombian company Bioarroz
(BioRiceHusk).
The process has many benefits. First, rice husk need not
be burnt and thus avoiding atmospheric pollution.
Second, it becomes a feed to annelids. When both are
mixed and recycled, it turns into an organic manure
while removing the organic calcium and silicon from
the rice husk. Thus the manure created is said to act as a
wonderful fertilizer especially in rice production.
The developers claim that it can in fact double rice production without polluting the soil with
chemicals. It can regenerate the heavily eroded soils as well. Third, the manure thus created
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