29th May (FridDay), 2015 Daily Global Rice E-Newsletter by Riceplus Magazine

Daily Global
Rice
E-Newsletter
Daily Global
Rice e-Newsletter
www.ricepluss.com
www.riceplusmagazine.blogspot.com
May 29 ,2015
Vol 5,Issue V
Local rice exports continue to decline

Workers at Tien Giang Food Company prepare rice for export.
VNA/VNS Photo Vu Sinh
HA NOI (VNS) Rice exports have declined sharply in the first five months of the year,
indicating that the industry is struggling, according to the Ministry of Agriculture and Rural
Development's latest report.In the first five months the country exported 2.4 million tonnes of
rice worth US$1.05 billion, according to ministry statistics. These represent declines of 11.4 per
cent and 14.6 per cent respectively over the same period last year.The average price of exported
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2
Daily Global Rice e-Newsletter

rice was $436.7 per tonne, falling 4.27 per
cent below last year's price in the same
period.China remained the country's
largest rice import market. Its market
share accounted for 34 per cent. Rice
exports to China also declined 28.11 per
cent in volume and 31.06 per cent in value
over the same period last year.The
ministry said rice exporters were facing
difficulties in recent months due to
competition from other large exporting
countries. At the same time the product's
global demand has fallen.In fact, Viet
Nam's rice exports had struggled in recent
years due to low competitiveness in quality and price, compared with other major rice exporters.
Experts attributed this to a lack of a prominent rice brand name.Viet Nam Food Association
statistics showed rice exports declined from 7.7 million tonnes, worth $3.45 billion in 2012; to
6.6 million tonnes and $2.95 billion in 2013; and 6.5 million tonnes and $2.84 billion last
year.Prime Minister Nguyen Tan Dung recently approved a project to develop a leading
Vietnamese brand by 2020. VNS
http://vietnamnews.vn/economy/271003/local-rice-exports-continue-to-decline.html
Nagpur Foodgrain Prices Open- May 29

Fri May 29, 2015 2:04pm IST
Nagpur, May 29 Gram and tuar prices firmed up again in Nagpur Agriculture Produce
and Marketing Committee (APMC) here good seasonal demand from local millers amid tight
supply from producing regions. Healthy rise on NCDEX in gram, weak overseas tuar arrival and
reported demand from South-based millers also jacked up prices, according to sources.
*
FOODGRAINS & PULSES

GRAM
* Gram mill quality reported strong in open market on good buying support from local
traders amid weak supply from producing regions.
TUAR
* Tuar black reported higher in open market on increased marriage season demand from
local traders amid thin arrival from producing belts.

3

* Rice Chinnor showed weak tendency in open market here in absence of buyers amid good
stcok position in ready segment.
* In Akola, Tuar - 7,300-7,700, Tuar dal - 10,100-10,500, Udid at 9,100-9,600,
Udid Mogar (clean) - 10,700-11,100, Moong - 9,000-9,200, Moong Mogar
(clean) 10,700-11,100, Gram - 4,200-4,500, Gram Super best bold - 6,100-6,300
for 100 kg.
* Wheat, other varieties of rice and other commodities remained steady in open market
in poor trading activity, according to sources.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS
Available prices Previous close
Gram Auction
3,700-4,440
3,600-4,320
Gram Pink Auction
n.a.
2,100-2,600
Tuar Auction
5,800-7,390
5,800-7,290
Moong Auction
n.a.
6,000-6,300
Udid Auction
n.a.
4,300-4,500
Masoor Auction
n.a.
2,600-2,800
Gram Super Best Bold
6,200-6,500
6,200-6,500
Gram Super Best
n.a.
Gram Medium Best
5,900-6,200
5,900-6,200
Gram Dal Medium
n.a.
n.a.
Gram Mill Quality
5,400-5,550
5,300-5,500
Desi gram Raw
4,600-4,650
4,600-4,650
Gram Filter new
6,100-6,200
6,100-6,200
Gram Kabuli
5,200-6,900
5,200-6,900
Gram Pink
6,400-6,600
6,400-6,600
Tuar Fataka Best
10,500-10,800
10,500-10,800
Tuar Fataka Medium
9,900-10,300
9,900-10,300
Tuar Dal Best Phod
9,600-9,800
9,600-9,800
Tuar Dal Medium phod
8,800-9,300
8,800-9,300
Tuar Gavarani New
7,850-7,950
7,850-7,950
Tuar Karnataka
7,900-8,000
7,900-8,000
Tuar Black
10,800-11,100
10,700-11,000
Masoor dal best
8,100-8,300
8,100-8,300
Masoor dal medium
7,500-7,800
7,500-7,800
Masoor
n.a.
n.a.
Moong Mogar bold
11,000-11,500
11,000-11,500
Moong Mogar Medium best
10,200-10,600
10,200-10,600
Moong dal Chilka
9,000-9,750
9,000-9,750
Moong Mill quality
n.a.
n.a.

4

Moong Chamki best
9,600-9,900
9,600-9,900
Udid Mogar Super best (100 INR/KG) 11,200-11,600
11,200-11,600
Udid Mogar Medium (100 INR/KG) 9,900-10,600
9,900-10,600
Udid Dal Black (100 INR/KG)
8,500-8,900
8,500-8,900
Batri dal (100 INR/KG)
4,200-4,400
4,200-4,400
Lakhodi dal (100 INR/kg)
3,200-3,350
3,200-3,350
Watana Dal (100 INR/KG)
3,200-3,450
3,200-3,450
Watana White (100 INR/KG)
2,450-2,625
2,450-2,625
Watana Green Best (100 INR/KG) 3,700-4,900
3,700-4,900
Wheat 308 (100 INR/KG)
1,400-1,600
1,400-1,600
Wheat Mill quality(100 INR/KG) 1,550-1,750
1,550-1,750
Wheat Filter (100 INR/KG)
1,400-1,600
1,400-1,600
Wheat Lokwan best (100 INR/KG) 2,200-2,450
2,200-2,450
Wheat Lokwan medium (100 INR/KG) 1,800-1,950
1,800-1,950
Lokwan Hath Binar (100 INR/KG) n.a.
n.a.
MP Sharbati Best (100 INR/KG) 3,100-3,700
3,100-3,700
MP Sharbati Medium (100 INR/KG) 2,800-3,000
2,800-3,000
Wheat 147 (100 INR/KG)
1,400-1,500
1,400-1,500
Wheat Best (100 INR/KG)
2,000-2,200
2,000-2,200
Rice BPT New(100 INR/KG)
2,600-2,850
2,600-2,850
Rice BPT (100 INR/KG)
3,200-3,400
3,200-3,400
Rice Parmal (100 INR/KG)
1,600-1,800
1,600-1,800
Rice Swarna new (100 INR/KG)
2,100-2,450
2,100-2,450
Rice Swarna old (100 INR/KG) 2,500-2,750
2,500-2,750
Rice HMT new(100 INR/KG)
3,200-3,650
3,200-3,650
Rice HMT (100 INR/KG)
3,900-4,300
3,900-4,300
Rice HMT Shriram New(100 INR/KG) 4,000-4,500
4,000-4,500
Rice HMT Shriram old (100 INR/KG) 4,500-5,000
4,500-5,000
Rice Basmati best (100 INR/KG) 8,200-10,200
8,200-10,200
Rice Basmati Medium (100 INR/KG) 6,000-7,200
6,000-7,200
Rice Chinnor new (100 INR/KG) 4,650-4,900
4,650-5,000
Rice Chinnor (100 INR/KG)
5,500-6,000
5,500-6,100
Jowar Gavarani (100 INR/KG)
2,200-2,300
2,100-2,200
Jowar CH-5 (100 INR/KG)
2,400-2,550
2,300-2,450
WEATHER (NAGPUR)
Maximum temp. 46.0 degree Celsius (114.8 degree Fahrenheit), minimum temp.
28.2 degree Celsius (82.7 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Partly cloudy sky. Rains or thunder-showers likely towards evening or night.
Maximum and minimum temperature would be around and 46 and 29 degree Celsius
respectively.

5

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/2015/05/29/nagpur-foodgrain-idINL3N0YK34T20150529
Why fuss over such a trivial research matter as research

respondent?
Dr. Ned Roberto
Philippine Daily Inquirer
6:49 AM | Friday, May 29th, 2015

Question: Frankly speaking, we were a bit disappointed by your Marketing Rx column last
week. Why make such a fuss over a trivial market research matter as the correct research
respondent? To think that you were only talking about qualitative research.We have had FGDs
and FGDs and IDIs. In most of them, our respondent recruiters got for us whoever was
available or respondents who can talk on the subjecttwo respondent recruiting criteria you
regarded as incorrect. But we always got useful consumer insights out of such respondents.So
we dont see what difference it will make if we apply your correct IDI respondent recruiting
rule.
It was clear to us that your rule is good in theory but not in practice.Even for our quantitative
research like our UAI or product prototype testing, we noted that your User-Friendly Marketing
Research book requires us in addition to representativeness and random selection to ask of our
respondent sample your qualifying question, Are these the consumers from whom you can
learn the most? Our two contracted research agencies never asked such respondent qualifying
question but we never got into any kind of trouble.Our UAIs had always helped identify
our appropriate target market segment and brand positioning. Our product prototype
testing never failed to tell us in what product attributes our test product is better than or not as
good as that of the competition.So again, we ask: Whats with all the fuss?
Answer: Your candid way of speaking whats on your mind is endearing. But you have to be
open to exceptions to your generalizations.Lets talk about exceptions. While your UAIs had
always helped identify (your) appropriate target market segment and brand positioning, sooner
or later you will experience the humbling exception.In the UAI study for pH Care, for example,
the target respondents that Unilab initially defined were the feminine wash users.It turned out
that this segment represented only 18 percent of the total market of menstruating women. The
larger segment to go after was the 82 percent non-users. When pH Care targeted this larger
segment, it gave the brand a whopping market share of 52 percent.It was also the respondents
who revealed its differentiator positioning.

6

I will say something similar about your product testing where you claim that it has never failed
to tell (you) in what product attributes (your) test product is better or not as good as
competition.Once, a telecommunications company contracted me to reanalyze its product
testing data on international remittance. The companys research users were unhappy with the
data analysis that its research agency did.In the product testing, the research agency asked users
of clients remittance service to compare it with that of competition. Another sample of
respondents who were users of the competitors remittance service were asked to compare that
with the clients service.
The results showed parity preference between the two competing services. The client
company interpreted this result as implying that they just had to invest more in promoting their
brand against that of the competitor.In the reanalysis, I found a questionnaire item that asked
both respondent samples what remittance service they had used in the past and which service
they used most often. Neither the clients nor the competitors service ranked in the top 3. The
most used services were Western Union and unbranded door-to-door remitters who were tied for
first place. The implications were clear. The true competitor was the consumer-defined one:
Western Union and the unbranded door-to-door.For data on what attributes your test product
being better than or not as good as competitions, thats not going to come from the respondents
who were the customers of the marketer-defined competitor, the other telecommunications
company. It was the Western Union and the door-to-door customers who were the respondents
from whom to learn the most and whose responses will define the right weakness-correcting
campaign.In qualitative research, such kind of exceptions happen. A leading consumer food
company once contracted me to undertake a reconvened FGD to product-test its instant rice
porridge and find out how mothers compare it with competition, which was another rice porridge
brand by another consumer food company.
After trying the clients rice porridge, from one FGD to the next, mothers who tried cooking and
serving to their children the test porridge gave a similar response of rejection: Hindi masarap
(It does not taste good)both the clients and the competitors.When asked what they found
wrong, a similar set of responses was heard: Ang talagang masarap ay yung aming lugaw na
niluluto (What really tastes good is what we cook and serve). It became clear to the client that
it should have tested against the consumer-defined competitor and thats no other than the
mothers themselves. The product testing should have asked the respondents to compare the
clients rice porridge with the rice porridge that the respondent mothers cook and serve.So as you
can see, getting the correct research respondent is no small matter.
That the respondents of your UAIs and product testing have always been right is pure
coincidence.I will say the same thing about your selection of respondents for your qualitative
research.I end with a few words about your attitude toward research.Because you regard research
as a mere support to your marketing decisions and campaigns, in a failed decision or a flawed
campaign, you never traced to research the source of failure.But as you should have appreciated
from the foregoing, the role of market research has taken on a strategic significance.The
feminine wash case, the telecom remittance case, and the rice porridge case prove that market
research is strategic.The correct market research is also a competitive advantage because you
know something about your consumer and your market that is unknown to your competitors.

7

Keep your questions coming. Send them to me at ned.roberto@gmail.com
http://business.inquirer.net/192681/why-fuss-over-such-a-trivial-research-matter-as-research-respondent
APEDA India (News)

International Benchmark Price
Price on: 28-05-2015
Product
Benchmark Indicators Name
Price
Turkish No. 2 whole pitted, CIF UK (USD/t)
5975
Turkish No. 4 whole pitted, CIF UK (USD/t
5375
Turkish size 8, CIF UK (USD/t)
4375
Californian Thompson seedless raisins, CIF UK (USD/t)
2370
South African Thompson seedless raisins, CIF UK (USD/t)
2249
Greek provincial, CIF UK (USD/t)
1425
Greek Vostizza, CIF UK (USD/t)
1534
Apricots
Raisins
Currants
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 28-05-2015
Domestic Prices
Product
Unit Price : Rs per Qty
Market Center
Variety
Min Price
Max Price

8

Barley (Jau)
1
Dahod (Gujarat)
Other
1200
1250
Deoli (Rajasthan)
Other
1100
1170
Loharu (Haryana)
Other
1200
1200
Amreli (Gujarat)
Other
1245
1555
Bellary (Karnataka)
Local
1229
1292
Kota(Rajasthan)
Other
1161
1400
Muktsar (Punjab)
Other
2000
2500
Thodupuzha(Kerala)
Other
2500
2700
Taura(Haryana)
Other
2000
2000
Bonai (Orissa)
Other
2000
2000
Aroor (Kerala)
Other
2600
2800
Shillong(Meghalaya)
Other
1000
1300
Maize
Grapes
Cabbage
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 28-05-2015
Product
Market Center
Price
Ahmedabad
315
Chittoor
343
Hyderabad
297

9

Source: e2necc.com
Other International Prices
Unit Price : US$ per package

Price on 28-05-2015
Product
Market Center
Origin
Variety
Low
Potatoes
High
Package: 50 lb cartons
Baltimore
Idaho
Russet
26
26
Dallas
Nevada
Russet
23.50
23.50
Detroit
Wisconsin
Russet
21
21.50
Cauliflower
Package: cartons film wrapped
Baltimore
California
White
40
42
Detroit
California
White
31.50
32
Miami
California
White
36
39
Apples
Package: cartons tray pack
Baltimore
Washington
Red Delicious
22
25
New York
Virginia
Red Delicious
12
12
Philadelphia
Washington
Red Delicious
17
20.50
Source:USDA
Rice Dept to unveil 7 new breeds of rice
Date : 29 2558
Thailands Rice Department will celebrate this years Rice and Farmers Day by unveiling
seven new strains of rice. Her Royal Highness Princess Maha Chakri Sirindhorn will inaugurate
this years ceremony and the department will unveil seven newly approved breeds of rice. The
new rice strains include indigenous breeds that will soon be certified with Geographical
Indicators as well as fast-growing strains that can be utilized outside of the rainy season.

10

The department revealed that June 5 of every year is Rice and Farmers Day, as well as the
anniversary of the day when King Rama VIII, His Majesty King Ananda Mahidol, and King
Rama IX, His Majesty King Bhumibol Adulyadej, visited the rice farms of Bang Khen district
and sowed rice seeds into the fields. It is an auspicious day for rice farming in Thailand and
honors all rice farmers in the Kingdom. The department Secretary-General revealed that there are
currently 60 million rai of rice paddies in the Kingdom, tended by approximately 17 million
farmers. Rice exports have generated approximately 200 billion baht in annual revenue.
- See more at:
http://thainews.prd.go.th/CenterWeb/NewsEN/NewsDetail?NT01_NewsID=WNSOC580529001
0043#sthash.xIHXT0bL.dpuf
Basmati rice to get IPR protection as exporters support

Centres view
Chennai-based Intellectual Property Appellate Board is slated to hear the
claims of all the parties for three consecutive days from July 8 for granting
GI certification to Basmati rice
By: Sandip Das | Chennai | May 26, 2015 11:08 pm
country. With its exporters supporting the Centres view that Madhya Pradesh cant be deemed
part of the Indo-Gangetic plain, decks have been cleared for Basmatis entry into the coveted
Geographical Indications (GI) Registry. GI protection in India would lead to similar recognitions
in other countries, which means Indias competitors would be barred from using the Basmati tag.
Indias basmati rice exports, which had touched a record Rs 29,000 crore in 2013-14, fell to Rs
27,600 crore in 2014-15, due to a decline in shipments to Iran.Official sources told FE that
Chennai-based Intellectual Property Appellate Board (IPAB) is slated to hear the claims of all
the parties for three consecutive days during July 8-10 for granting GI certification to basmati
rice.
The GI Registry, in a directive issued on December 31, 2013, had asked the Centre if Madhya
Pradesh could be included in the definition of traditionally basmati-growing geography, inviting
strong reactions from the commerce and agriculture ministries, which thinks the states claim is
unjustified.Even as the issue was pending with the GI Registry, the Madhya Pradesh government
had moved the IPAB. The Agricultural and Processed Foods Export Development Authority

11

(Apeda) has now told the IPAB that MPs claim is invalid. Under the Geographical Indications
of Goods (Registration and Protection) Act, 1999, Apeda is designated to be the custodian of GI
rights for farm produce.
Considering the Madhya Pradesh case for inclusion in basmati growing region would amount to
playing with rights of those farmers who have been traditionally growing basmati in IndoGangetic plain, a commerce ministry official said.Leading agricultural scientists have also
opposed Madhya Pradeshs attempt to be included in basmati-growing regions, by stating that it
would adversely impact the quality of basmati rice and sully its global repute. Claiming rice
grown in Madhya Pradesh as basmati is not correct as we have developed seed varieties keeping
in mind agro-climatic zones of the Indo-Gangetic plain, KV Prabhu, deputy director, Indian
Agricultural Research Institute (IARI), and a well-known rice breeder, had recently said.
In 2009, Apeda under the commerce ministry had applied to the GI Registry asking for exclusive
(commercial) use of the basmati tag for the grain varieties grown within the boundaries of the
Indo-Gagentic plain in Punjab, Haryana, Uttarakhand, Himachal Pradesh and 26 districts of
western Uttar Pradesh and two districts of Jammu and Kashmir.GI ascribes exclusivity to the
community in a defined geography rather than to an individual as in the case of trademarks and
patents.Madhya Kshetra Basmati Growers Association Samiti and a leading basmati rice
exporter, LT Foods, along with Madhya Pradeshs department of farmer welfare and agriculture
development, had approached the GI Registry jointly in 2013.During 2008-10, India and
Pakistan had initiated steps to register basmati under GI as joint heritage for protecting its
premium market abroad. But that bid did not fructify due to opposition to it within Pakistan.In
the absence of GI, many private companies have been unsuccessfully trying to register their
products as basmati, which commands a premium in the global market. The IARI has
developed Pusa 1121 basmati rice variety, which is grown in more than 60% of basmati rice
areas.
First Published on May 27, 2015 12:09 am
The India Express

12
Cuba Removed from State Terrorism List

Cleared by State
WASHINGTON, D.C.- The State Department has announced that Cuba will no longer be designated as a
state sponsor of terrorism effective immediately.

"Today's decision, made by Secretary Kerry, is an important step towards achieving normal
commercial relations between the United States and Cuba, which has long been a key goal of
U.S. rice producers, millers and exporters," said Bob Cummings, USA Rice COO. "Much work
remains, but this step is critical to improving the overall political relationship between the two
countries. USA Rice will continue its leadership role in seeking the removal of obstacles to travel
and trade with Cuba." Removing Cuba from this list also opens up eligibility for aid under the
Foreign Assistance Act (FAA), including food assistance programs managed by the U.S. Agency
for International Development. The State Department noted that, "While the United States has
significant concerns and disagreements with a wide range of Cuba's policies and actions, these
fall outside the criteria relevant to the rescission of a State Sponsor of Terrorism designation."

13

Contact: Kristen Dayton (703) 236-1464
USA Rice at Seoul Food and Hotel Show; Interest in U.S.Grown Rice for Manufacturing
Busy booth
ILSAN, SOUTH KOREA - Earlier this month, USA Rice opened its popular booth in the U.S.
pavilion of the Seoul Food & Hotel Korea exhibition here. The show is Korea's longest running,
and Asia's third largest, food trade show with more than 40,000 attendees from 39 countries.
USA Rice displayed U.S. medium and long grain rice and conducted recipe demonstrations
using U.S. medium grain rice in kimbob (rice roll wrapped with seaweed) and fried rice.
Steamed white rice was presented to showcase the performance of U.S. medium grain
rice.Approximately 1,000 registered guests from food service, food manufacturing and
distribution fields visited the USA Rice booth during the show. Among the visitors were
representatives of some major food manufacturers interested in using U.S. rice as an ingredient
for their product development, such as retort fried rice, rice cakes, and rice flour. USA Rice staff
will follow up for possible diversification of U.S. rice into food manufacturing sectors.

14

The Korean government has purchased 64,000 MT of U.S. brown rice for processing purpose as
of May 15, 2015. Another tender was held on May 21, which includes 10,000 MT of USDA #1
medium grain milled rice for table rice purposes and 38,352 MT of USDA #3 Medium Grain
Brown Rice for processing purposes. Results of the tender are pending at this time.
Contact: Bill Farmer (832) 302-6710
Weekly Rice Sales, Exports Reported

WASHINGTON, DC -- Net sales of 69,700 MT for 2014/2015 were up noticeably from the
previous week and up 35 percent from the prior 4-week average, according to today's Export
Sales Highlights report. Increases were reported for Mexico (17,800 MT), Colombia (15,300
MT), Haiti (14,400 MT), Honduras (12,900 MT, including 11,000 MT switched from unknown
destinations), and New Guinea (7,500 MT, including 7,000 MT late reporting).
Decreases were reported for unknown destinations (11,500 MT) and Guatemala (4,200
MT).Exports of 61,700 MT were down 29 percent from the previous week and 12 percent from
the prior 4-week average. The primary destinations were Haiti (14,400 MT), Honduras (12,700
MT), Japan (12,000 MT), New Guinea (7,500 MT, including 7,000 MT late reporting), and El
Salvador (4,700 MT).
This summary is based on reports from exporters from the period May 15-21.
USA Rice Federation
Kharif coverage up a tad at 59.56 lakh ha

OUR BUREAU
NEW DELHI, MAY 29:
The total sown area under kharif crops stands at 59.56 lakh hectares (lh), a tad up than 59.47 lh
sown during the corresponding period last year, according to data released by the Agriculture
Ministry here on Friday.The area under rice is up 21.3 per cent, from 2.54 lh in 2014-15 to 3.08
lh this year while oilseeds acreage has touched 0.16 lh from 0.04 lh a year ago. After rice,
soyabean is the most widely cultivated Kharif crop.Sugarcane acreage slipped by 5.17 per cent to
40.70 lh . Sowing of cotton is up 14.2 per cent with 8.82 lh under coverage compared to 7.72 lh
earlier while area under jute and mesta touched 6.81 lh from 6.25 lh.

15

The India Meteorological Department has predicted that the four-month long South-West
monsoon is likely to hit Kerala on Saturday with a model error of four days. It has predicted the
monsoon this year to be at 93 per cent of the long-period average of 89 cm mainly due to
developing El Nino conditions.
(This article was published on May 29, 2015)
http://www.thehindubusinessline.com/industry-and-economy/agri-biz/kharif-coverage-up-a-tad-at-5956lakh-ha/article7260907.ece
CME Group/Closing Rough Rice Futures

CME Group (Prelim): Closing Rough Rice Futures for May 29
Month
Price
Net Change
July 2015
$9.510
UNCH
September 2015
$9.785
UNCH
November 2015
$10.065
+$0.005
January 2016
$10.320
+ $0.005
March 2016
$10.505
UNCH
May 2016
$10.505
UNCH
July 2016
$10.505
UNCH
Courtesy: USA Rice Federation
Farmers to be educated on modern rice production

methods
Posted May 29, 2015 at 10:23am
Ensuring food security is critical to sustainable livelihood and development.However, this can
only be achieved in an enabling policy environment for key actors in the agricultural sector.It is
in this vein that the John Agyekum Kufuor Foundation in partnership with the Ministry of Food
and Agriculture, Technoserve, as well as the Ghana Grain Council is to educate farmers and

16

stakeholders on modern methods of rice production.Addressing
the participants, the Policy Advisor of the JAK Foundation,
Nana Ama Oppong-Duah said Ghana can be self-sufficient in
rice production if policies that buttress the rice value chain are
implemented and managed well.
http://m.gbcghana.com/1.4136844
Rice supply-demand outlook improving, prices not so much

Burma, Cambodia returning to rice export market
May 28, 2015Forrest Laws | Delta Farm Press
World consumption is expected to exceed production by 6.9 million metric tons, says Dr.
Childs, who contributes the rice analysis for the WAOB. As a result, ending stocks for 2015-16
are projected to drop 7 percent to 91.5 million tons, the lowest since 2007-08. This is the third
consecutive year of declining global ending stocks of rice.
All the signs point to an improved
supply and demand situation for
the global rice industry. But that
doesnt mean world rice prices
will move higher any time soon,
according to Nathan Childs,
senior agricultural economist with
USDAs Economic Research
Service.The world is expected to
have record rice crops in 2015-16,
with production projected to be up
1 percent from 2014-15, but total
supplies are expected to decline
for a second consecutive year due to a smaller carry-in, he says.
Dr. Childs was the featured speaker for the University of Arkansas Extension Services new
webinar series. His topic, 2015-16 U.S. and Global Rice Outlook with Nathan Childs, was a
timely one for producers who have been struggling with the weather on one hand and with lower
rice prices on the other.USDAs World Agricultural Outlook Board, which provides the
Agriculture Departments monthly World Agricultural Supply and Demand Estimates, is
estimating world rice consumption will increase by 1 percent from 2014-15.World consumption
is expected to exceed production by 6.9 million metric tons, says Dr. Childs, who contributes
the rice analysis for the WAOB.
As a result, ending stocks for 2015-16 are projected to drop 7 percent to 91.5 million tons, the
lowest since 2007-08. This is the third consecutive year of declining global ending stocks of

17

rice.Carry-in stocks of rice from the previous marketing year are projected to be down 8 percent
from a year earlier, he said. This is the second year of a smaller carry-in with India and
Thailand the two largest rice exporters accounting for most of the projected reduction in the
2015-16 carry-in.
http://deltafarmpress.com/rice/rice-supply-demand-outlook-improving-prices-not-somuch?utm_source=USA+Rice+Daily%2C+May+29%2C+2015&utm_campaign=Friday%2C+December
+13%2C+2013&utm_medium=email
SME Exporters to Yemen request facilities to call back cargo

May 29, 2015
Karachi, May 29, 2015 (PPI-OT): The Union of Small and Medium Enterprises ( UNISAME )
has invited the attention of the State Bank of Pakistan (SBP ) to the difficulties faced by
exporters who exported goods to Yemen under confirmed orders and request facilities for
alternative disposal.President UNISAME Zulfikar Thaver said the cargo for destination port of
Aden was off loaded at the nearby port of Djibouti due to non functioning of Aden port.
However since the letter of credit was from the opening bank in Yemen, the negotiating banks
dispatched the original documents to the opening bank in Yemen.He said in the meantime there
was warfare in Yemen and the port closed compelling the vessels to divert to nearby ports.
Thaver has urged the SBP to take cognisance of the fact and facilitate those exporters who desire
to call back the goods and save them from losses.He invited the attention of the SBP to the
extraordinary demands of the negotiating banks asking exporters to return the value of the bills
discounted by them. Moreover the shipping companies are asking for double the amount of
guarantees. The exporters are not in a position to return the amounts and need time to time to
arrange disposal of the cargo and minimize the losses.
Thaver complained and requested intervention by SBP to direct the commercial banks to
cooperate with the exporters and enable and facilitate the exporters to call back the goods and
give them sufficient time to change the packing and re-export the goods without charging them
mark up and also not burdening them to provide guarantees to the shipping companies.He
pointed out that since this is an unforeseen incident and no mistake of the shippers the exporters
need to be facilitated to overcome the predicament without any penal interest and all mark up
must be waived.
For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642

18

Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com
http://asianetpakistan.com/official-news/misc/200986/sme-exporters-to-yemen-request-facilities-to-call-backcargo-2/#sthash.i3qGX9dY.YjT1KhNe.dpuf
Soc Trang records fragrant rice success

HCM CITY (VNS) The cultivation of fragrant rice in the Cuu Long (Mekong) province of
Soc Trang has shown good results, according to experts.Soc Trang, the main fragrant-ricegrowing in the delta, has around 148,000ha under rice, with 44 per cent of it earmarked for
speciality varieties, mostly of the fragrant kind.In 1992-2015, Soc Trang spent more than VND9
billion (US$430,000) on 20 programmes for creating and restoring speciality rice varieties.One
of them, to create the ST fragrant rice strain, has ended with many varieties ranging from ST 1 to
ST 25.Many of them are exported at high prices.ST 5, for instance, has fetched over US$600 a
tonne for the past seven years.Speaking at a seminar held in the province on May 15, Ho Quang
Cua, deputy chairman of the Soc Trang Union of Science and Technology Associations and also
one of the local scientists who researched and created the ST varieties, said many farmers
growing fragrant rice made profits of 50 -70 per cent.
"This is the important factor for the province to develop fragrant rice."Cua and his research
group are planning to popularise ST varieties from 20 to 25, red ST, and purple ST so that more
of them are grown for export. The export prices of these are as high as $800 a tonne.Many cooperatives in the province have tied up with companies to ensure there are outlets for their
fragrant rice.The Hoa Loi Rice Shrimp Co-operative in My Xuyen District is one such.Mai
Van Chanh, its chairman, said farmers who grew rice on a small scale often did not know the
techniques and have supporting services.Since 2009 Can Tho citybased Gentraco Feed Joint
Stock Company has been contracted with the co-operative to buy rice from its members.Chanh
said it paid 20 25 per cent higher than the market price."The co-operative's farmers earn an
average of VND20 million ($950) per hectare more than other farmers.
"Vo Tong Xuan, rector of the Southern Can Tho University, hailing Soc Trang's scientists for
creating the ST variety, said the province should solicit investment in rice drying, husking,
polishing, and packaging facilities.Seminar participants said the profits from speciality rice
strains are very high, adding if the grain was grown using a proper model like the large-scale rice
fields and there was co-operation between farmers, scientists, companies, and authorities,
farmers could enjoy up to 84 per cent of the profit made through the chain until the rice reaches
the consumer.Le Thanh Tri, deputy chairman of the Soc Trang People's Committee, said to
further develop speciality rice farming, the province needed to dissuade individual and small
farming and strengthen co-operation between farmers, scientists, companies, and the
Government.The province should provide farmers with advanced technologies and create more
high-quality rice strains suitable for harsh weather conditions, he added. VNS
http://vietnamnews.vn/society/271059/soc-trang-records-fragrant-rice-suce

19

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Local rice exports continue to decline

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Nagpur Foodgrain Prices Open- May 29

FOODGRAINS & PULSES

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APEDA India (News)

Benchmark Indicators Name

Turkish No. 2 whole pitted, CIF UK (USD/t)

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Turkish size 8, CIF UK (USD/t)

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South African Thompson seedless raisins, CIF UK (USD/t)

Greek provincial, CIF UK (USD/t)

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Rice Dept to unveil 7 new breeds of rice

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Basmati rice to get IPR protection as exporters support

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The India Express

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Cuba Removed from State Terrorism List

state sponsor of terrorism effective immediately.

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Weekly Rice Sales, Exports Reported

Kharif coverage up a tad at 59.56 lakh ha

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CME Group/Closing Rough Rice Futures

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Farmers to be educated on modern rice production

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Rice supply-demand outlook improving, prices not so much