February 23,2016
Vol 7 Issue II
1|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
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www.riceplusmagazine.blogspot.com
mujahid.riceplus@gmail.com 92 321 3692874
Editorial Board
Chief Editor
State Bank of Pakistan (SBP) will soon allow banks to resume ties
Workshop on kharif crops begins at Pau
The problem with rice in Asia and the Americas in 2016
DAs heat-resistant palay variety rescues village farmers from El
Nio
Rice company in China to produce locally sourced, organic vodka
Rice prices to go up in city, fear experts
Rice Prices
02/23/2016 Farm Bureau Market Report
APEDA Rice Commodity News
GI tag for basmati to stabilise prices
The next steps in IRRIs journey
Authorities act to reduce risk for export of rice
A group of scientists plans to prove GMOs are safe by paying
people $900 to eat bananas
USA Rice Government Affairs Conference Kicks Off
Uganda: Improved Farming Tools to Boost Rice Production
News Detail...
Managing Editor
KARACHI: The State Bank of Pakistan (SBP) will soon allow banks to
resume ties with Iranian counterparts, an official said on Monday, after the
governments recent lifting of sanctions on the neighbouring Persian Gulf
country. The central bank will soon issue instruction to banks regarding
this, Chief Spokesman Abid Qamar at the SBP said. After the issuance of
instructions to banks, all permissible transactions with Iran will be
possible.
Qamar said currently the central bank-to-central bank contact is not
necessary. The decision of the (Pakistans) government will be intimated
to Iranian central bank, he added. In February, Pakistan lifted sanctions on
Iran pursuant to UN Security Council Resolution 2231.
English Editor
Maryam Editor
Legal Advisor
Advocate Zaheer Minhas
Editorial Associates
Hamlik
Dr.Malik Mohammad
Hashim
Dr.Hasina Gul
Dr.Hidayat Ullah
Dr.Abdul Basir
Zahid Mehmood
PSO,NIFA Peshawar
2|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
In my last article I explained why Im bullish long-term on the price of rice and focused in on China.
Here, I bore into India in a bit more detail. I also note that rice futures are almost worthless to
farmers at this time of the year.For the last few years, the rice price has sat at the bottom of the price
range in Asia and the United States. I want to talk about the Western Hemisphere rice markets, and
then turn to Asia where all rice price trends begin and end. My conclusions might startle you -- at
least thats my hope.The strong dollar is very good news for farmers in Brazil as they are getting
record prices for corn. The rice now beginning to come out of the field carries a pretty stout price, as
well. That is the good news.
4|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
5|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
Doguet Rice is making a move to enter the spirits industry with a rice based vodka that is expected to hit the market
in late
2016. From left, Darby Doguet holds a bag of Doguet rice and Greg Devillier holds a ... more
Darby Doguet and Greg Devillier just made Christmas shopping next year a whole lot easier and
Southeast Texas a whole lot hipper.The cousins, who are the third generation to run Beaumont's
Doguet's Rice Milling Company, are going to turn some of the organic rice they've been growing
for years into a treat for adults - vodka - and an organic, locally sourced one at that.Doguet's
Organic Rice Vodka will be on the shelves by late December if everything goes as planned, they
said.
"We are trying to get all our ducks in a row," Devillier said.Vodka is traditionally made from
wheat or potatoes, but it can be made from any cereal grains and even fruits. Texas' famous
Tito's Handmade Vodka, for example, is made from yellow corn.Rice vodka is smoother and
doesn't have a strong aftertaste, Doguet said. Doguet's Organic Rice Vodka is meant for sipping,
not downing, Doguet said.Doguet and Devillier made 10 different batches to try out different
6|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
TOI
Hyderabad
Tue,23 Feb 2016
Rice Prices
as on : 23-02-2016 08:11:22 PM
Arrivals
Current
Price
%
Season
Prev. Prev.Yr
Modal
change cumulative
Modal %change
Rice
Gadarpur(Utr)
Sultanpur(UP)
English Bazar(WB)
Azamgarh(UP)
Pilibhit(UP)
Ballia(UP)
3796.00 293.37
288.00
1.77
235.00
180.00 -13.46
150.00 36.36
140.00
NC
65617.00
2151.50
2595.00
2834.00
16508.00
5410.00
1835
2170
1850
2115
2185
1960
2325
2175
2125
2195
1975
21.52
4.58
-6.82
-0.76
8|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
136.00
134.00
92.00
80.00
78.00
74.00
70.00
67.00
63.50
60.00
46.50
45.00
41.50
36.00
36.00
32.00
30.00
28.00
27.50
25.00
25.00
24.50
24.00
24.00
23.00
22.00
21.00
20.00
20.00
16.00
15.00
12.50
12.00
11.20
11.00
11.00
10.00
10.00
10.00
10.00
0.74
15.02
2.22
14.29
-4.29
640
40
-16.25
-10.56
NC
13.41
-13.46
-3.49
-21.74
20
-11.11
-14.29
-9.68
-8.33
-16.67
-16.67
8.89
-12.73
-4
64.29
2.33
-4.55
11.11
-20
NC
15.38
4.17
-40
-10.4
-18.52
-15.38
33.33
NC
NC
-37.5
4564.00
3403.00
3038.00
1715.00
2283.50
218.00
2466.50
3348.00
134.50
1495.00
1038.50
749.00
1000.00
800.00
1368.00
1290.00
855.00
199.00
972.00
320.50
257.50
490.50
243.50
270.00
664.30
327.00
955.50
358.50
669.40
390.00
419.00
91.50
305.50
57.75
418.00
554.00
222.50
110.00
80.00
474.00
2110
2065
2100
2160
2100
2200
2245
2040
2035
2300
2040
2700
1910
2100
2180
2070
3000
2780
2070
2070
2010
1920
2070
1900
2400
2000
1930
2120
2300
2300
2450
2000
2200
2945
2065
2800
2300
2500
2500
2350
2100
2065
2100
2170
2100
2200
2250
2050
2035
2300
2040
2800
1910
2075
2200
2065
3000
2850
2075
2070
1965
1765
2050
1900
2400
2000
1920
2120
2300
2300
2450
1975
2195
2945
2060
2800
2300
2600
2400
2350
-2.31
5.90
-4.55
11.34
-20.75
2.98
-2.39
0.74
2.22
NC
3.80
-9.17
-2.59
6.15
3.50
-7.16
-1.54
NC
-11.54
2.08
-5.88
7.84
9.55
-14.81
NC
-12.96
9|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
0.74
47.06
-8.00
3.33
-17.24
-8.00
0.70
NC
NC
-24.73
-9.09
NC
-54.05
3.70
1.98
NC
-1.42
-11.54
Futures:
ROUGH RICE
High Low
Last Change
Rice Comment
Rice futures were again lower across the board. The losses were attributed to the disappointing
results of the Iraqi tender. The tender had originally been for US origin rice only, the top bidder
only offered 30,000 tons of US rice and the rest was much cheaper rice from Argentina and
Uruguay. Exports have been slow and the industry had higher hopes for the Iraqi market.
Product
Price
2590
2650
2700
3780
1180
2300
807
691
576
Honey
White Sugar
1
Source:agra-net
Market Watch
Commodity-wise, Market-wise Daily Price on 23-02-2016
Domestic Prices
Product
Market Center
Min Price
Max Price
Rice
1
Aroor (Kerala)
Other
2900
3100
Jorhat (Assam)
Common
2000
3000
Fine
2890
2920
Cherthala (Kerala)
Other
2300
2500
Wheat
11 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Sangli (Maharashtra)
Other
2100
2800
Bonai (Orissa)
Other
1525
1600
Manjeri (Kerala)
Other
3500
3700
Taura (Haryana)
Other
2300
2600
Rajpura (Punjab)
Other
1800
2200
Aroor (Kerala)
Other
2400
2600
Bargarh (Orissa)
Other
500
700
Sirhind (Punjab)
Other
400
900
Orange
Brinjal
Source:agmarknet.nic.in
Egg
Rs per 100 No
Price on 23-02-2016
Product
Market Center
Price
Pune
365
Hyderabad
335
Nagapur
323
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
Potatoes
High
Package: 50 lb cartons
Atlanta
Baltimore
Chicago
Colorado
Russet
17
17.50
Idaho
Russet
18
20
Nevada
Russet
14
Cucumbers
16
Package: cartons film wrapped
Atlanta
Mexico
Long Seedless
13
Chicago
Canada
Long Seedless
11
12
Detroit
Mexico
Long Seedless
14
14.50
Apples
15
Atlanta
Virginia
25.75
26
Chicago
Michigan
Red Delicious
Red Delicious
15
15.50
Miami
Washington
Red Delicious
24
27
Source:USDA
12 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
The Geographical Indication (GI) recognition for the basmati rice grown in North Indian states is
expected to stabilise the price of basmati and boost exports. Basmati prices had been fluctuating
in the global market because of excess supply. With GI tag, supply of spurious varieties of
basmati will be restricted. A drastic plunge in the price of basmati in the export market caused
distress to the traditional growers and their realisations fell by about 25 per cent.
Basmati rice is grown in Punjab, Haryana, Himachal Pradesh, Uttarakhand, Jammu and Kashmir,
and parts of Uttar Pradesh. The states of Punjab and Haryana grow over 70 per cent of Indian
basmati. The farm gate price of basmati crashed in kharif 2015 because of oversupply. Prices in
Punjab and Haryana touched a rock-bottom and government intervention was sought to lift the
crop at minimum support price (MSP) of Rs 1,450 per quintal. The farmers earned between Rs
3,000 and Rs 3,500 per quintal for same varieties of rice in kharif 2014.
13 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Our journey is not just a challenge of technologyit is a journey of humanity. For a science
organization, our mandate comes close to being a sacred commitment of a secular organization.
PHOTO BY ISAGANI SERRANO, IRRI
This issue of Rice Today signifies many new beginnings for IRRI. As I begin my term as the
institutes director general and reflect on the legacies of IRRIs past and opportunities that lie
ahead, it would be remiss if I did not recognize those who came before me.It is said that we stand
on the shoulders of giants. When I reflect on the directors general of IRRI, from Robert
Chandler, Jr., to Robert Zeigler, it is striking how each director general took an individual
approach to leading the development of the organization and shepherded the delivery of its
mandate during their terms. Yet, through this history, IRRI has retained a consistent focus on our
mission and vision. My approach will necessarily and frequently differ from my predecessors
approach, but our focus on our core mission will remain.
I pay particular tribute to Bob, my immediate predecessor, who was at the helm during one of the
most successful periods in IRRIs history. I have been in the unusual position of coming into the
organization as deputy director general for research, and so I have had a unique opportunity to
work closely with Bob. I saw firsthand his passion, his commitment, and his vision for the
organization. His mentorship and wisdom have been of incredible value.
There is a great sense of humility at being the custodian of this wonderful institution as it
continues its critical journey. IRRI has an irrefutable mandate to address global imperatives
to lift people out of poverty and hunger, enhance nutrition and health, and ensure
environmental sustainability. Our mission is compelling and our work is paramount. We serve
hundreds of millions of rice farmers. A billion people rely directly on the livelihoods generated
14 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
by those farms; a further two billion rely on rice as a critical part of their diet, in which rice
provides not just calories but essential nutrients for health and well-being. In so many areas of
the world, rice is much more than a commodityit is part of the fabric of life.
Our journey is not just a challenge of technologyit is a journey of humanity. For a science
organization, our mandate comes close to being a sacred commitment of a secular organization.
There is no room to be less than successful, there is no time to waste, there are never enough
resources to smooth the way, and we have to harness our collective passion and creativity to find
the path forward.
Current international events remind us that the world faces challenging times. We see migration
crises across the globe. We see political unrest, conflicts, and wars. We struggle with economic
15 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Scientists in Iowa are moving ahead with a plan to pay several students $900 apiece to eat
three bananas.
17 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
While it might sound absurd, its not entirely uncommon for subjects to be paid for participating
in research, according to the Food and Drug Administration, so long as the risks are clearly
stated. Its considered a recruitment incentive, not a benefit.And as far as compensation for these
kinds of studies goes, $900 is not unheard-of.According to the site CenterWatch, a website that
keeps track of clinical trials, a California trial of an eye ointment for treating bags under the eyes
offered compensation of up to $1,840 per person, and a Florida trial of a tobacco product offered
up to $1,980.
Francois Lenoir/Reuters
In the US, the safety of new GMO crops is typically determined by showing they have a similar
nutrient and toxin content to that of the conventional crops we eat a principle known as
substantial equivalence.Some countries (for example, in Europe) also require animal studies
before GM crops can be approved, but the US doesnt regulate GM food differently than foods
developed by other processes.Uganda is one of several African countries that signed the
Cartagena Protocol on Biosafety, part of an agreement that applies the precautionary principle,
which includes taking into account risks to human health.The banana trial may be an attempt
to help satisfy this principle.
18 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
WASHINGTON, DC - The Annual USA Rice Government Affairs Conference got underway
here last night following a full day of USA Rice business meetings, a welcome reception, and an
event for Senator Thad Cochran (R-MS).More than 100 rice growers and millers from all six rice
states packed this morning's General Session that featured remarks from Congressman Charles
Boustany (R-LA), Natural Resources Conservation Service Chief Jason Weller, and USDA
Deputy Secretary for Agriculture Krysta Harden.Boustany thanked the rice industry for support
and guidance as he has become one of the industry's staunchest allies on Capitol Hill. He shared
his belief that the 2014 Farm Bill needs to be kept intact and that the Obama Administration
needs to do more to take on trading partners who are not in compliance with WTO obligations.
He also discussed food aid programs where he believes in kind contributions, not cash, are most
appropriate."We were successful in defending PL 480 programs recently, but the margin of
victory is getting smaller each year, so I'm going to need your help to make the case for these
programs," Boustany said.Chief Weller talked about the close relationship between USA Rice
and Ducks Unlimited that is dedicated to providing flyways, food, and fiber for the nation that he
called the poster child for collaboration.
"The partnership between USA Rice and Ducks Unlimited is, in my view, one of the best
examples of what we need in the country going forward and I'm very proud that NRCS is a part
of that," Weller said.He also talked about much needed changes to the Conservation Stewardship
Program (CSP) to make it a better fit for rice.
Krysta Harden, who is leaving the Obama Administration this week, was honored with the USA
Rice Distinguished Leadership Award for her service to the U.S. rice industry and in her heartfelt
remarks said, "I have truly enjoyed my time serving the people as the Deputy Secretary of
Agriculture, we are an agency that helps people and provides service on the ground and in the
field to America's farmers. There is no other industry so critical as agriculture where one to two
percent of our population provides the food for the other 98 or 99 percent." Conference attendees
then fanned out across the city for meetings with lawmakers and several federal agencies
including the U.S. Environmental Protection Agency, the U.S. Department of Agriculture, the
U.S. Agency for International Development, the U.S. Trade Representative and more.
20 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
"We have a lot on our plate to discuss from trade with Cuba to illegal farmer subsidies in other
countries, and from onerous EPA regulations to the grower protections in the 2014 Farm Bill that
are working well, and more," said USA Rice Chairman and Arkansas rice farmer Dow Brantley.
"We're ramping up for the planting season at home, but this week, Washington is the place to be
to protect our interests and make the case for U.S. rice. I'm glad so many of our rice family have
come to carry our message forward."