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Riceplus Magazine shares daily International RICE News for global Rice Community. We publish daily two newsletters namely Global Rice News & ORYZA EXCLUSIVE News for readers .You can share any development news for readers. Share your rice and agriculture related research write up with Riceplus Magazine contact [email protected] , [email protected] For Advertisement & Specs [email protected]
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All About Rice News Daily Global Rice E-Newletter 1 For Blog & News Letter Advertisment contact to write : Mujahid Ali [email protected] www.ricepluss.com & www.riceplusmagazine.blogspot.com 1st September, 2015 Vol 5,Issue XIV Daily Global Rice E-Newsletter
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Page 1: 1st september,2015 daily global regional local rice e newsletter by riceplus magazine

All About Rice News

Daily Global Rice E-Newletter

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For Blog & News Letter Advertisment contact to write : Mujahid Ali [email protected]

www.ricepluss.com & www.riceplusmagazine.blogspot.com

Daily Global Rice e-Newsletter

Aug ,2015

Vol 5,Issue XIII

1st September, 2015

Vol 5,Issue XIV

Daily Global Rice E-Newsletter

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News Headlines...

Western disturbance may stop monsoon-on-retreat

Ban on rice export extended till December

Currency moves to tag-team El Niño in Asia rice markets

Critic claims Golden Rice may never be introduced, better Vitamin A deficiency solutions exist

Agreement Between Dow Chemical Co (NYSE:DOW) and ICS-CAAS

Farmer gets award for large-scale adoption of drip irrigation

Min of Commerce to open 6th bid for in-stock rice

Goal of 1 Million Tons of Rice Export Unlikely

Rice Federation Forecasts Exports to Resume as Scheduled in Mid-September

Rice harvest underway, yields, acreage in question

Arkansas Farm Bureau Daily Commodity Report

Summer Promotions Help U.S. Rice Dominate Turkish Imports

Vietnam Food Association Visits USA Rice

CME Group/Closing Rough Rice Futures

P.F. Chang‘s Launches Ricegivingsm Program to Feed Hungry Families

News Detail...

Western disturbance may stop monsoon-on-retreat Vinson Kurian

Thiruvananthapuram, September 1:

The overall rain deficit for the country as a whole has reverted to 12 per cent on the first day of

September even as most parts of the country except the East witnessed dry conditions. A formal

announcement of the withdrawal of the monsoon is awaited but available indications suggest that

the process may have started, bar the shouting.

Anti-cyclone on prowl

A signature anti-cyclone (clock-wise circulation buffeted by barren north-westerly winds) could

even weigh over the ground over north-west India and later over west-central India briefly during

this week. This anti-cyclone would later be the fulcrum around which the winter weather would

set in as the north-westerly winds bring cold Arctic air into play over the plains over North and

Central India. But the rain-suppressing anti-cyclone will get unsettled by an incoming western

disturbance during the weekend and later by some belated activity being predicted in the Bay of

Bengal. The latter will be underwritten by yet another typhoon building in West-central Pacific,

the umpteenth time this season when a churn in that massive body of water would dictate

weather in the Bay far to its east.

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No big purchase

The European Centre for Medium-Range Weather Forecasts, however, doesn‘t seem to great

store by the fresh low-pressure area building in the Bay in response to the call from the Pacific.

Initial forecasts made by the Centre suggests that the ‗low‘ may help prolong the spell of

showers along the East Coast, including coastal Tamil Nadu, Andhra Pradesh and Tamil Nadu.

The productive session in the East and North-East getting extended to the East Coast is in the

‗best traditions‘ of and observed pattern during a weakened monsoon when rains shut out

elsewhere.

The US National Centres of Environment Prediction pointed to a scenario where the rains dry up

rapidly from the Northwest first to East during the next two weeks. Sporadic showers in the

North-West from western disturbances and better organised rain from a monsoon fighting for a

foothold in East and North-East and along the East Coast would be the only exception. (This article was published on September 1, 2015)

WWW.businessline

Ban on rice export extended till December

Syed Samiul Basher Anik

The government has extended a ban on export of all varieties of rice, except the aromatic ones by

another six months till December 2015.A commerce ministry official said the decision was taken

to ensure adequate supply to the local market so the prices do not surge and remain within the

people‘s affordability.The ministry on August 25 issued an order extending the ban, effective

from July 1, 2015, in line with the Imports and Exports (Control) Act 1950. Officials said the ban

had to extend as the previous ban imposed on June 2014 expired on June 30, 2015.

The ban on export of all types of rice was first imposed in November 2008 and saw

extension several times. Later, export of aromatic rice resumed in mid-2012.Traders can export

aromatic rices to international market with prior permission from the ministry.The rice varieties

that can be exported include Kalojira, Chinigura, Chiniatop, Chinikanai, Kataribhog,

Badshabhog, Kataribhog, Modonbhog, Radhunipagol, Banshphul, Jotabanshpul, Binnaphul,

Tulshimala, Tulshiatap, Tulshimoni, Madhumala, Khorma, Sakkur Khorma, Nunia, Poshushail,

BR 5 (Dulabhog) and BR 34, 37, 38 and 50.According to exporters, Bangladesh annually export

around 5,000 tonnes of aromatic rice to international market.

The demand of Bangladeshi rice is high among Bangladeshi expatriates especially in Middle

East countries, United States of America, United Kingdom, Australia and Canada.Considering

the demand, many exporters have applied to the commerce ministry to open the export.More

than 30 companies, including PRAN, Square, ACI, Sajeeb and Banaphul, export aromatic rice to

different countries.

http://www.dhakatribune.com/business/2015/sep/01/ban-rice-export-extended-till-december#sthash.NFdikC3f.dpuf

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Currency moves to tag-team El Niño in Asia rice markets By Clyde Russell, Reuters August 31, 2015 | 3:20 pm EDT

Market wisdom is that Asian rice prices are set to rally as El Nino cuts output and bulging stockpiles are

steadily eroded.There's nothing wrong with this view, but as is often the case there are some offsetting

factors that make a strong rally far from a sure thing, as can be seen by recent price movements in the

grain, the staple for some two-thirds of the world's population.Benchmark Thai 5-percent broken white

rice staged a 10 percent rally from a 7 1/2-year low of $367.50 a tonne on June 24 to a recent peak of

$405 on July 17.However, since then, it has dropped back to a fresh low of $362.50 a tonne on Aug. 27,

making the rally very short-lived.Part of this is the general malaise that has roiled most commodity

markets, but part is also that buyers have been demanding lower prices because of the depreciation of the

Thai baht.

The baht has lost 10 percent of its value against the U.S. dollar since its 2015 closing high of 32.33 in

April to Thursday's close of 35.64.The fall in the baht has caused the baht price of rice to whipsaw about,

but overall it is down about 6 percent so far this year, or less than half the 13.3 drop in dollar terms.It's

much the same situation for Thailand's regional competitor in rice exports,Vietnam, which has seen its

currency, the dong, slip 6.7 percent against the dollar from the year high in early February to the close of

22,534 on Thursday.Vietnamese 5-percent broken white rice has surrendered 12.9 percent so far this year

to $337.50 a tonne, but is down only 8.2 percent in local currency terms.With the outlook for ongoing

dollar gains, especially against emerging market currencies, the chances are that buyers will apply

additional pressure on sellers to keep prices low in dollar terms.

El Nino Looms

But what of El Nino, the weather phenomenon that brings dry, hot weather toSoutheast

Asia and Australia, but wetter conditions to North America.Weather forecasters have been upping their

predictions for a strong El Nino, which would last into next year and most likely cut output of rice, as

well as that of Australian wheat, soybeans in India and corn in China.Any rice production shortfall will

have to be made up from stockpiles, but how much more rice is likely to be needed and will it be enough

to significantly dent Thailand's rice mountain, built up by the ousted government as part of its generous

support measures for farmers?

Indonesia, traditionally a rice importer but trying hard to become self-sufficient, still expects to increase

its harvest by 7 percent in 2015 despite El Nino.However, El Nino may delay rice crops and lead to

imports of as much as 1.6 million tonnes this year, according to analysts, a step that would help curb

rising domestic rice prices, already the second-highest in Southeast Asia.The Philippines, another heavy

importer, also plans to boost domestic rice production in 2016, but will import more in 2015 to meet a

shortfall in this year's output.The government has already bought 750,000 tonnes this year and may

import another 250,000 before the end of the year. Private traders may add as much as 805,200 tonnes by

Nov. 30, subject to a 35 percent tariff.

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China's early season rice output dropped 0.9 percent to 33.69 million tonnes in 2015 from a year earlier,

according to official figures, raising the possibility of higher imports by the world's second-biggest

economy.While it seems likely that Asia's top importers will increase purchases, there is still the question

of large stockpiles that need to be worked through.Thailand's 13-million tonne rice mountain may actually

contain only about 9 million tonnes of edible rice because of spoiling from long storage periods,

according to the U.N. Food and Agriculture Organisation (FAO).The FAO also says that inventories have

been dropping steadily in the world's five biggest exporters, after strong shipments in 2014, and the stock-

to-use ratio, the level of inventories relative to domestic consumption and exports, will drop to 19 percent

in 2015/16, the lowest since 2007/08.

This indicates a tightening of supply, but still suggests there is plenty of rice available even as El Nino

makes its presence felt.While rice prices should rise, the chances are that the process won't be even and

will be influenced by currency movements, with those exporters experiencing stronger depreciation

against the dollar likely to seek to maximize their advantage.

http://www.agprofessional.com/news/currency-moves-tag-team-el-ni%C3%B1o-asia-rice-

markets?utm_source=USA+Rice+Daily%2C+September+1%2C+2015&utm_campaign=Friday%2C+De

cember+13%2C+2013&utm_medium=email

Critic claims Golden Rice may never be introduced, better

Vitamin A deficiency solutions exist Glenn Davis Stone | September 1, 2015 | Blog

PRINTER FRIENDLY

The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion and

analysis.

Few GM crops are discussed as much — and misunderstood as much — as ―Golden Rice.‖All

the shouting tends to cover up a crucial issue with Golden Rice: who is it for,

exactly? Proponents usually discuss it as a vitamin tablet headed for generic underfed children

in ―poor countries‖.But here‘s the problem. Golden Rice is not a vitamin tablet, it‘s rice, and it

is headed specifically for the Philippines.Most discussions ignore this Philippine context

which is remarkable because the Philippines is hardly just a country with vitamin A-deficient

children. The country is unique with respect to rice, with a storied history and contested future

for the crop.And Golden Rice doesn‘t grow well in the Philippines — not yet anyway. As of this

writing, over 14 years after the International Rice Research Institute (IRRI) began trying to bring

Golden Rice down to earth in the Philippines, it still exhibits lower productivity.

Contrary to claims that children are dying because of Greenpeace‘s opposition, Golden Rice is

simply not ready. IRRI is quite clear about this, as a visit to their website will show.Even if

Golden Rice is brought up to speed agronomically, its goal of having a significant public health

impact is probably unlikely. Nutrition programs have already reduced childhood VAD. Again,

IRRI itself has been transparent, acknowledging on their website that VAD is being effectively

reduced without Golden Rice.IRRI is also quite explicit that it will release Golden Rice only IF it

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is ―shown to improve vitamin A status.‖ And it might not. Filipino children who still suffer from

VAD have poor diets lacking in the fats that are needed to absorb Vitamin A.

http://www.geneticliteracyproject.org/2015/09/01/critic-claims-golden-rice-may-never-introduced-better-

vitamin-deficiency-solutions-exist/

Agreement Between Dow Chemical Co (NYSE:DOW) and

ICS-CAAS

September 01

09:142015

by Ann Garaghty

[Business Wire] Dow Chemical Co (NYSE:DOW)(TREND ANALYSIS) has entered into a

collaboration agreement with the Institute of Crop Sciences of the Chinese Academy of

Agricultural Sciences (ICS-CAAS). Under the agreement, Dow AgroSciences grants ICS-CAAS

a royalty-free, non-transferable research and commercialization license for its proprietary

EXZACT™ Precision Genome Editing Technology to be used in rice in China.

Dow AgroSciences and ICS-CAAS scientists will collaboratively develop an industry-leading

rice genome editing technology platform.The EXZACT Precision Genome Editing Platform will

enable ICS-CAAS scientists to capitalize on their significant investment and technical expertise

in rice genomics, transcriptomics, proteomics, and cell biology as well as accelerate integration

of the scientific knowledge generated in rice to rapidly develop valuable products for China.

Dow AgroSciences has developed the EXZACT Precision Technology platform under an

exclusive license and collaboration agreement in plants with Sangamo BioSciences, Inc.

Dow AgroSciences and ICS-CAAS scientists will work together to make sure that the expertise

and strengths of both parties are best combined to accelerate rice research and product

development in China.Stock Performance: Click here for a free comprehensive Trend Analysis

ReportDow Chemical Co (NYSE:DOW) stock is currently trading 20.28% below its 52-week-

high, 24.81% above its 52-week-low. The 1-year stock price history is in the range of $35.11 –

$54.97. Dow Chemical Co (DOW) has a price to earnings ratio of 12.45 versus Basic Materials

sector average of 17.11. DOW stock price has outperformed the S&P 500 by 1.2%. The

Diversified Chemicals company is currently valued at $50.75 billion and its share price closed

the last trading session at $43.82.

The stock has a 50-day moving average of $46.65 and a 200-day moving average of $49.26.Dow

Chemical Co (DOW) current short interest stands at 21.11 million shares. It has increased by

10% from the same period of last month. Around 2% of the company‘s shares, which are float,

are short sold. With a 10-days average volume of 10.7 million shares, the number of days

required to cover the short positions stand at 2 days.The company is expected to announce next

quarter earnings on October 22, at consensus estimate of $0.71. Dow Chemical Co (DOW)

reported last quarter earnings on July 23. The Diversified Chemicals company announced

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earnings per share of $0.91 against a consensus Street estimate of $0.81, beating the average

estimate by $0.1. This corresponds to an increase of $0.07 compared to the same quarter of the

previous fiscal year.

Is this a Buying Opportunity? Click here for a free Trend Analysis Report

There are currently twenty-one analysts that cover Dow Chemical Co stock. Of those twenty-one, thirteen

have a Buy rating, seven have a Hold rating and one has a Sell rating. On a consensus basis this yields to

an Overweight rating. The consensus target price stands at $55.78.

A recent analyst activity consisted of Susquehanna reiterating their Neutral stance on April 28.

Susquehanna increased their price target on DOW from $48 to $52. This corresponds to a 18.67% upside

from the last closing price. On the date of report, the stock closed at $51.41.Jefferies reiterated their Buy

stance on April 27, and increased their price target on DOW stock from $48 to $50. This corresponds to a

14.1% upside from the last closing price. On the date of report, the stock closed at $51.06.

Another research firm was Citigroup who reiterated their Buy stance on April 24. Citigroup increased

their price target on Dow Chemical Co from $52 to $57. This translates to a 30.08% upside from the last

closing price. On the date of report, the stock closed at $50.72.

Company profile

The Dow Chemical Company is a diversified chemical company that provides chemical, plastic, and

agricultural products and services to various essential consumer markets. The Company serves customers

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in countries around the world in markets such as food, transportation, health and medicine, personal care,

and construction.

http://www.marketswired.com/agreement-between-dow-chemical-co-nysedow-and-ics-caas/225995/

Farmer gets award for large-scale adoption of drip

irrigation

Press Trust of India | Coimbatore September 1, 2015 Last Updated at 21:57 IST

A farmer from Tirupur district has been selected for 'Innovative rice farmer award' for the year 2015

by the Indian Institute of Rice Research, Hyderabad, for large-scale adoption of drip irrigation. M

Parthasarathy from Govindapuram village in Tirupur district was selected among 30 farmers from 16

states who were nominated for this award. The rice innovative farmer award is given to one who has

developed innovative product/practice which has potential for wider adoption in rice

cultivation. Parthasarathy was awarded for large-scale adoption of drip irrigation in rice in

Amaravathy sub-basin in the state. The award, carrying a citation, was received by his son at the

'Innovative Rice Farmers Meet-2015 at the Institute on August 29 from Union Minister for Labour

and EmploymentBandaru Dattatreya in the presence of B J Pandian,Director, Water Technology

Centre, Tamil NaduAgricultural University, who guided Parthasarathy.

Govindapuram village was brought under Micro Irrigation under a World Bank funded Project -

Tamil Nadu Irrigated Agriculture Modernization and Water Bodies Restoration and Management

Project (TN-IAMWARM). Growing rice under drip irrigation is a new concept tested by Water

Technology Centre and promoted for adoption. But the adoption of the drip system for rice crop

alone may be uneconomical, Pandian said in a relase today. Parthasarathy introduced drip irrigation

for rice in a cropping system approach, with support from drip system by the University for onion.

He cultivated onion in April-June, raised maize in July-September and cultivated rice by using the

same drip system in October-February.

He and 11 farmers cultivated CR1009 under direct sowing under drip in 2013 and during 2014, 23

farmers cultivated COR51 in drip system and on an average, they achieved 6 -7. 5 tonnes per hectare

yield under drip irrigation. Introduction of drip irrigation for rice is more economical under cropping

system approach and could be widely propagated wherever rice is being cultivated under well

irrigation sources where ground water categories classified as over exploited and exploited

categories. "Govindapuram has proved to the nation that under limited water condition, three crops in

a year, including rice (Onion-Maize-rice) could be grown more successfully under drip irrigation,"

Pandian said. http://www.business-standard.com/article/pti-stories/farmer-gets-award-for-large-scale-

adoption-of-drip-irrigation-115090101473_1.html

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Min of Commerce to open 6th bid for in-stock rice

NONTHABURI, 1 September 2015 (NNT) – The Ministry of Commerce is set to initiate the

6th rice bidding to release 732,806 tons of the government’s in-stock rice, and anticipates a

good reception from the private sector, an official says.

The Department of Foreign Trade (DFT) Director-General Duangporn Rodphaya has revealed

that the Ministry of Commerce is preparing to release 732,806 tons of the government‘s in-stock

rice from the stock of the Public Warehouse Organization and the Marketing Organization for

Farmers. Ten types of rice are available in this round of auctions, including 5 percent white rice,

10 percent white rice, 10 percent sticky rice, 15 percent white rice, 25 percent white rice, 100

percent Hom Mali jasmine rice, broken-milled A1 rice, Pathum Thani rice, and broken-milled

Hom Mali jasmine rice.The requirements examination for this auction‘s applicants will begin 7

September 2015, while the official announcement for tenders will be made on 8 September 2015,

the same day the tender offer is announced. The DFT Director-General expects that this round of

auctions will receive much attention from entrepreneurs.

http://news.thaivisa.com/thailand/thailand-live-tuesday-1-sep-2015/112921/

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Goal of 1 Million Tons of Rice Export Unlikely

A Cambodian vendor cleans rice at her shop in a roadside market in Phnom Penh, file photo.

Phorn Bopha, VOA Khmer

31 August 2015

PHNOM PENH—

Several years ago, prompted by Prime Minister Hun Sen, Cambodia‘s rice exporters set a goal to

ship out 1 million tons of milled rice by the end of 2015. But millers and traders now say they

are unlikely to reach that goal.In the first seven months of the year, Cambodia has exported just

over 312,000 tons. That‘s a good jump from around 203,000 tons for the same period last year,

but far from what‘s needed to meet the 1 million ton goal.Experts blame a lack of capital, which

means not enough rice in its husk can be bought and stored before it‘s processed.Hean Vanhan,

director general of the Ministry of Agriculture‘s general directorate, said about 67 percent of

Cambodia‘s milled rice exports went to Europe, 11 percent to Asia and 27 percent to other

destinations. A small portion went to the Middle East, he said.

Cambodia sent 74,000 tons of rice to China, the largest shipment to a single country, followed by

France, which received 40,000 tons, then Poland, Malaysia, Netherlands, Czech Republic,

England and Greece.Hean Vanhan said it would be nearly impossible to achieve the 1 million ton

mark. ―But if we all try in the next five months, perhaps we can accomplish it,‖ he

said.Cambodia is able to grow about 5 million tons of rice each year, but much of it is either

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consumed in the country or shipped out, unprocessed, via Thai and Vietnamese traders, to be

processed in those countries and sold. Farmers need to sell their rice right away, Hean Vanhan

said. ―They won‘t keep their rice. They need money immediately.

‖Se La Len, general manager of Hak Se, a rice trading company, said they spent a lot of money

on heavy machinery to meet international standards for export, but he cannot compete with

buyers from Vietnam, who buy rice from farmers. His company has exported 72 tons of milled

rice.Other companies have similar complaints. Lor Reaksmey, a spokesman for the Ministry of

Agriculture, agreed, saying that farmers often must sell their rice to middlemen, allowing it to be

processed—and profited from—by neighboring countries. http://www.voacambodia.com/content/goal-of-1-million-tons-of-rice-export-unlikely/2939388.html

Rice Federation Forecasts Exports to Resume as Scheduled in

Mid-September

By KYAW HSU MON / THE IRRAWADDY| Monday, August 31, 2015 |

RANGOON — Recently halted

after severe flooding that

inundated swathes of the

country, Burma will resume rice

exports as scheduled from mid-

September, the country‘s rice

federation said on

Monday.Members of the

Myanmar Rice Federation had

agreed to a temporary pause on

exports and to sell domestically

at regular prices to buyers in

urgent need while authorities‘

and aid groups struggled to respond to the country‘s worst flooding in recent memory. The rice

federation forecasts requirements for local consumption will be met following what would be

over a month-long halt in mid-September.―New rice will come onto the market as next month is

harvest season, then the market price will be stable,‖ said Soe Tun, joint secretary of the

Myanmar Rice Federation. ―There is enough for local consumption now, that‘s why we will

resume exports as scheduled.‖Despite the federation‘s urgings, rice prices increased in some

areas of the country and shortages were experienced in townships seriously impacted by

flooding, including in Chin State, Arakan State and Magwe Division.

The Myanmar Rice Federation opened some 20 rice shops in flood-affected areas, including in

Rangoon and Mandalay, to sell rice at the subsidized rate of around 22,000 kyat per 50 kilogram

bag.But according to reports from Sittwe, 50 kilogram bags were selling for between 60,000 to

96,000 kyat in the Arakan State capital.The federation stated in early August that it would call on

supplies of around 85,000 bags in Rangoon and 15,000 in Mandalay to meet local demand.―Now

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the normal rice price is stable at 20,000 kyat per [50 kilogram] bag,‖ Soe Tun said. ―And I heard

there are only a few people buying rice in our 20 rice shops [in flooded areas], that‘s why we

won‘t delay rice exports.‖Rice is a key export for Burma, with the majority traded overland to

China, through the Muse-Ruili checkpoint.

Min Zaw, a rice trader based in Rangoon, said he expected the local price wouldn‘t increase

when traders were able to resume rice exports to China, but consumers would have to wait and

see.―There is still enough rice on the market for local consumption and the price is still stable,‖

he said.More than 1.3 million acres of paddy fields have been flooded in Burma, mainly in Kale,

Kanbalu and Monywa in Sagaing Division and the Myanmar Rice Federation predicted exports

to be considerably down on last year.―Though we expected to export about 2 million tons of rice

this year, we won‘t reach that [target]. Now we expect to export less than 1.5 million tons,‖ Soe

Tun said.Figures from the Ministry of Commerce put total rice exports at more than 1.7 million

tons in the 2014-2015 fiscal year, reaping nearly US$645 million. Exports were shipped to 64

countries including China and Japan, as well as other nations of ASEAN, Europe and Africa.

Workers harvest rice on Aug. 24, 2015, at the Mississippi State University Delta Research and

Extension Center in Stoneville, Mississippi. (Photo by MSU Delta Research and Extension

Center/Bobby Golden)

Image: rice farmer walks through a paddy field in a village near Patheingyi, Irrawaddy Division,

last year. (Photo: JPaing / The Irrawaddy)

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http://www.irrawaddy.org/business/rice-federation-forecasts-exports-to-resume-as-scheduled-in-

mid-september.html

Rice harvest underway, yields, acreage in question Posted by: MBJ Staff in Agribusiness, NEWS September 1, 2015

Paxton Fitts, left, and Whitney Smith take tissue samples of rice leaves on Aug. 26, 2015, in a

field at the Mississippi State University Delta Research and Extension Center in Stoneville,

Mississippi. (Photo by MSU Delta Research and Extension Center/Kenner Patton)

STONEVILLE — Rice harvest has begun in Mississippi, but

only time will tell how many acres were actually planted and

how good yields will be.―There‘s not a lot of yield reports

yet, but I think we‘re going to have a good crop,‖ said Bobby

Golden, rice agronomist with the MSU Extension Service and

researcher with the Mississippi Agricultural and Forestry

Experiment Station. ―It probably won‘t be as good as last

year, but we set records the last two years running.‖The U.S.

Department of Agriculture reported on Aug. 23 that rice was

10 percent harvested. Good weather has continued to hold

since then, allowing rice harvest to move quickly. USDA has

estimated 80 percent of the crop is in good or excellent

condition.The number of rice acres headed to harvest is

unclear. USDA reports there are 175,000 acres of rice, but the

Farm Service Agency has certified 142,000 acres. Golden

estimated there are at least 160,000 acres.The crop had to

overcome two challenges to get to harvest: early wet weather

and high heat at key reproductive stages.

―Early in the season, we had a lot of wet, rainy weather that may have slowed things down,‖

Golden said. ―There were some specific pockets in the north Delta that were really wet, and this

delayed the crop both in planting and in stand establishment early in the season.―Late in the

season, a lot of our rice flowered when we were having excessive drought and a heat wave in late

July and August,‖ he said. ―Those are the hurdles that will have the most impact on our yield this

year.‖Rice had lighter pressure from disease this year compared with 2014, and stink bugs have

been the biggest insect problem.―We had stink bug problems early, and with our rice crop later

than usual, as we harvest grain sorghum, stinkbugs will migrate over to rice again in those very

late-planted fields,‖ Golden said.

―Disease problems were a lot milder than last year. You‘re always going to have occurrences of

sheath blight, rice blast and stem rot, but for the most part, the incidents were isolated in

2015.―There have been a few fields where leaf blast has progressed to neck blast, resulting in a

considerable hit to yield,‖ he said.At this point in the season, tropical storm threats are the

biggest concern rice growers have as their crops finish.―Significant wind or rain events could

lodge rice and would influence harvest efficiency,‖ Golden said.Brian Williams, agricultural

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economist with the MSU Extension Service, said rice prices have been trending up since early

summer from under $10 per hundredweight to $11.65 per hundredweight on Aug. 21. These

prices are still below the $13 per hundredweight paid during the last week of August 2014.―A

big part of what is driving rice markets is global supply,‖ Williams said. ―While the USDA

lowered global production in the most recent World Agricultural Supply and Demand Estimates,

we are still expecting a record rice crop.‖

— By Bonnie Coblentz

MSU Ag Communications http://msbusiness.com/2015/09/rice-harvest-underway-yields-acreage-in-question/

Arkansas Farm Bureau Daily Commodity Report

A comprehensive daily commodity market report for Arkansas agricultural commodities with

cash markets, futures and insightful analysis and commentary from Arkansas Farm Bureau

commodity analysts.Noteworthy benchmark price levels of interest to farmers and ranchers, as

well as long-term commodity market trends which are developing. Daily fundamental market

influences and technical factors are noted and discussed.

Soybeans

High Low

Cash Bids 908 878

New Crop 909 827

Riceland Foods

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

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

Futures:

High Low Last Change

Sep '15 894.75 878.75 884.75 -12.75

Nov '15 886.75 868.50 874.00 -13.50

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Jan '16 891.25 873.25 878.75 -13.50

Mar '16 892.50 875.25 881.00 -12.75

May '16 895.75 878.50 884.00 -12.50

Jul '16 899.75 882.50 887.50 -12.75

Aug '16 891.00 882.50 887.00 -12.75

Sep '16 875.25 -12.75

Nov '16 882.50 866.50 870.25 -13.50

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybean prices closed lower today as the market gave back most of its recent gains. Prices

continue to be pressured by the downturn in the Chinese economy. While there has yet to be any

data to show a slowdown in agricultural demand, the concern is that issues in the general

economy will spread to agriculture. The good news for the market is that lower prices are likely

to spur additional export sales which would provide some much needed support to prices.

Wheat

High Low

Cash Bids -- --

New Crop 490 388

Futures:

High Low Last Change

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Sep '15 488.50 481.00 484.00 +1.50

Dec '15 491.50 482.25 486.25 +1.25

Mar '16 496.75 487.50 491.00 +0.75

May '16 500.75 492.50 495.00 +0.75

Jul '16 503.75 496.50 498.00 0.00

Sep '16 510.75 505.25 506.75 +0.25

Dec '16 522.75 517.00 518.75 -0.75

Mar '17 533.00 533.00 528.00 -1.25

May '17 531.25 -1.25

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices actually managed to close slightly higher despite declines in other markets. This is

fueling thoughts that wheat may have actually found a bottom after prices marched lower in

recent weeks. While gains will be slow given the weak fundamentals of this market, any

additional losses should also be minimal.

Grain Sorghum

High Low

Cash Bids 370 344

New Crop 370 300

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Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn

High Low

Cash Bids 364 335

New Crop 375 337

Futures:

High Low Last Change

Sep '15 362.50 355.25 356.00 -7.75

Dec '15 374.50 367.50 369.00 -6.25

Mar '16 385.50 378.75 380.25 -6.00

May '16 391.75 385.25 387.00 -5.75

Jul '16 396.25 390.00 391.50 -5.75

Sep '16 390.50 384.50 386.00 -5.75

Dec '16 399.25 392.00 393.25 -6.25

Mar '17 406.75 404.75 403.50 -6.25

May '17 409.75 -6.25

Arkansas Daily Grain Report

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FOB Memphis Elevator Crops

Corn Comment

Corn prices slipped again today as concerns over the slowdown in China combined with the

improving expectations for this year‘s crop prove to be more than the market can handle. Old

crop corn put in its lowest close since mid-June. As for new crop corn it continues to hold

support at $3.68. If prices break this support tomorrow their next objective would be to retest

contract lows near $3.57.

Cotton

Futures:

High Low Last Change

Oct '15 63.73 63.36 63.58 -0.16

Dec '15 63.18 62.2 62.7 -0.3

Mar '16 62.74 61.8 62.13 -0.45

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton futures were lower as bearish economic news continues to come out of China. Concerns

about the Chinese economy continue to overshadow the smaller U.S. crop for now. December

futures continued to retrace the gains charted in reaction to the monthly supply/demand report

with the next support at the contract low of 61.20.

Rice

High Low

Long Grain Cash Bids - - - - - -

Long Grain New Crop - - - - - -

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Futures:

High Low Last Change

Sep '15 1184.0 1158.0 1159.5 -28.5

Nov '15 1214.5 1175.0 1186.5 -29.5

Jan '16 1242.0 1204.0 1216.0 -29.0

Mar '16 1260.5 1241.0 1242.0 -28.0

May '16 1279.5 1279.5 1266.5 -27.5

Jul '16 1285.0 -28.0

Sep '16 1193.5 -22.0

Rice Comment

Rice futures retraced all of yesterday's gains and then some in today's sell-off. The market was

unable to overcome weakness from outside markets as negative economic data continues to

come out of China. Harvest pressure will certainly pick up as well. USDA says that 26% of the

crop has been harvested. November found resistance at $12.25 yesterday, and support is the

recent low of $11.43 1/2.

Cattle

Futures:

Live Cattle:

High Low Last Change

Oct '15 142.825 140.600 140.950 -2.250

Dec '15 145.000 143.025 143.200 -2.225

Feb '16 144.750 142.850 142.900 -2.250

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Apr '16 143.300 141.500 141.600 -2.050

Jun '16 135.300 133.450 133.450 -2.125

Aug '16 133.250 131.725 131.725 -2.050

Oct '16 135.525 133.950 134.125 -1.975

Dec '16 136.225 134.875 135.200 -2.075

Feb '17 137.500 -0.950

Feeders:

High Low Last Change

Sep '15 201.775 199.725 199.875 -1.950

Oct '15 197.225 194.950 195.100 -2.775

Nov '15 194.425 191.800 192.150 -3.000

Jan '16 188.825 185.625 185.900 -3.125

Mar '16 186.325 183.025 183.475 -3.125

Apr '16 186.250 183.700 183.825 -3.275

May '16 185.475 183.050 183.775 -3.225

Aug '16 184.500 184.250 184.250 -3.800

Arkansas Prices

Ft. Smith Livestock Auction

Heber Springs Livestock Auction

Oklahoma City

Oklahoma City - Feeder Cattle Auction Weighted Average Report

Cattle Comment

Cattle prices closed sharply lower today. Another round of turmoil in Asian markets combined

with a strengthening dollar has the market worried about demand longer term. Pressure from

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outside forces have pushed prices back near contract lows and could push them even lower if

fundamentals remain unchanged.

Hogs

Futures:

High Low Last Change

Oct '15 68.750 67.050 68.000 -0.025

Dec '15 64.025 62.550 63.100 -0.525

Feb '16 67.875 66.750 67.175 -0.325

Apr '16 71.600 70.525 71.200 +0.075

May '16 76.200 75.600 75.825 +0.100

Jun '16 79.950 79.025 79.450 -0.050

Jul '16 78.800 78.100 78.375 -0.125

Aug '16 77.575 76.950 77.225 -0.125

Oct '16 67.250 66.900 66.900 -0.050

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

APEDA INDIA COMMODITY NEWS

International Benchmark Price

Price on: 28-08-2015

Product Benchmark Indicators Name Price

Apricots

1 Turkish No. 2 whole pitted, CIF UK (USD/t) 5125

2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4625

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3 Turkish size 8, CIF UK (USD/t) 3625

Sultanas

1 Australian 5 Crown, CIF UK (USD/t) 2968

2 Iranian natural sultanas (Gouchan), CIF UK (USD/t) 2024

3 Turkish No 9 standard, FOB Izmir (USD/t) 2350

White Sugar

1 CZCE White Sugar Futures (USD/t) 786

2 Kenya Mumias white sugar, EXW (USD/t) 691

3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 600

Source:agra-net For more info

Market Watch

Commodity-wise, Market-wise Daily Price on 31-08-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Rice

1 Jambusar (Gujarat) Other 2600 3200

2 Bonai (Orissa) Other 2200 2400

3 Vikasnagar (Uttrakhand) Other 1939 1939

Wheat

1 Dhing (Assam) Other 1500 1800

2 Bonai (Orissa) Other 1450 1600

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3 Khatra (West Bengal) Other 1400 1500

Papaya

1 Aroor (Kerala) Other 1800 2000

2 Solan (Himachal Pradesh) Other 2500 3000

3 Batala (Punjab) Other 2000 2400

Cabbage

1 Aroor (Kerala) Other 2400 2400

2 Deogarh (Orissa) Other 2000 3000

3 Dasuya (Punjab) Other 1200 1500

Source:agra-net For more info

Egg Rs per 100 No

Price on 31-08-2015

Product Market Center Price

1 Pune 305

2 Nagapur 270

3 Hyderabad 295

Source: e2necc.com

Other International Prices Unit Price : US$ per

package

Price on 31-08-2015

Product Market Center Origin Variety Low High

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Potatoes Package: 50 lb cartons

1 Atlanta Colorado Russet 21 23.25

2 Baltimore Canada Russet 14 14

3 Detroit Idaho Russet 18.50 20.50

Carrots Package: 20 1-lb film bags

1 Atlanta California Baby Peeled 19 20.75

2 Dallas Arizona Baby Peeled 16.75 17

3 Detroit California Baby Peeled 17 17.50

Apples Package: cartons tray pack

1 Atlanta Washington Red

Delicious 23 24

2 Dallas Washington Red

Delicious 21.50 23

3 Detroit Washington Red

Delicious 25 27.50

Source:USDA

Summer Promotions Help U.S. Rice Dominate Turkish

Imports

ISTANBUL, TURKEY - U.S.-grown rice enjoyed a high profile summer in Turkey this year

thanks to USA Rice promotional activities, with quite tangible benefits. Although domestic rice

planting was up in Turkey this year, the U.S. still dominated imports. The first six months of

2015 saw 208,000 metric tons of rice enter Turkey, and the United States accounted for 34

percent of that with 71,500 metric tons, far outpacing the competition. The number two origin

was India with only 35,600 metric tons.Over the course of the summer, USA Rice worked with

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media contacts throughout Turkey generating 62 articles and recipes featuring U.S.-grown rice in

July alone. Almost 2.4 million Turkish consumers were reached.USA Rice also continued in-

store promotions in the market, with 16 demonstrations at two hypermarkets here, reaching more

than 10,000 consumers.

Contact: Eszter Somogyi 011-49-40-4503-8660

Vietnam Food Association Visits USA Rice

Vietnamese Delegation

Betsy Ward (center) and Bob Cummings (far right) with leadership members of the Vietnam

Food Association

ARLINGTON, VA-- A 10-person

delegation from the Vietnam Food

Association (VNA) completed a U.S. tour

today with a visit to USA Rice's

headquarters. The delegation, led by

President Huynh The Nang and Secretary

General Huynh Minh Hue, provided an

overview of Vietnam's rice production and

trade as well as challenges and

opportunities facing Vietnam's rice sector

over the next five years. Vietnam is one

of the world's largest rice producers and exporters, and the third largest supplier of U.S. imports.

Bob Cummings, USA Rice COO and Jim Guinn, Vice President of International Promotion,

explained the structure, role and major program activities of USA Rice and sought clarification

about Vietnam's domestic rice support program. "Meetings like today's are important to building

relationships with other global traders in rice," said USA Rice President and CEO Betsy Ward

who also attended the meeting. "But we have longstanding concerns about Vietnam's compliance

with its international trade obligations, and we will continue to press our government to hold

Vietnam and other rice producing and exporting countries accountable to their trade obligations."

Contact: Bob Cummings (703) 236-1473

CME Group/Closing Rough Rice Futures

CME Group (Prelim): Closing Rough Rice Futures for September 1

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Month Price Net Change

September 2015 $11.595 - $0.285

November 2015 $11.865 - $0.295

January 2016 $12.160 - $0.290

March 2016 $12.420 - $0.280

May 2016 $12.665 - $0.275

July 2016 $12.850 - $0.280

September 2016 $11.935 - $0.220

P.F. Chang’s Launches Ricegivingsm

Program to Feed Hungry

Families

Partners with America’s rice farmers to donate rice to Feeding America August 31, 2015 03:22 PM Eastern Daylight Time

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--In honor of National Rice Month in September,

P.F. Chang‘s is partnering with America‘s rice farmers to launch Ricegivingsm

, an inaugural

campaign designed to serve those in need and help fight hunger. P.F. Chang‘s has teamed with

America‘s rice farmers to donate a bowl of rice for every main entrée purchased in the month of

September. The goal of the program is to donate 100,000 pounds of rice to Feeding America,

which will help feed 1MM people in need. P.F. Chang‘s guests are invited to grab their

chopsticks and join the cause.

―We are thrilled to partner with P.F. Chang‘s in the cause to fight hunger in this country‖

―We are honored to invite our guests to join in this important cause by dining to donate,‖ said

Michael Osanloo, Chief Executive Officer of P.F. Chang‘s. ―Thanks to our loyal customers, we

will be able to help put food on the table for many American families.‖According to Feeding

America, more than one in six people in the U.S. struggles with hunger every day. icegivingsm

is

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another way organizations are coming together to fight this reality and partner to end hunger, and

it‘s an opportunity for P.F. Chang‘s restaurants to make an impact in their local communities.

Promoted annually by the U.S. rice industry, National Rice Month is a time to celebrate the

harvest of the small, but mighty grain that has influenced American meals and traditions for

more than 300 years. This year commemorates the 25th

anniversary of National Rice Month and

is the first time the event has had a national restaurant sponsor. The partnership is a natural fit for

P.F. Chang‘s because 100 percent of its rice is grown in the U.S. In addition to sourcing locally

grown rice, P.F. Chang‘s is committed to serving sustainable, non-GMO, and gluten-free rice in

all 210 locations.

―We are thrilled to partner with P.F. Chang‘s in the cause to fight hunger in this country,‖ said

Betsy Ward, President and CEO of USA Rice. ―Like us, the restaurant has a longstanding

commitment to serving quality rice, supporting American farmers, and giving back to the

communities we serve.‖As the global advocate for the U.S. rice industry, USA Rice supports

American farmers and conducts programs to inform people about domestically grown rice. The

U.S. rice industry provides 125,000 jobs and produces 9 million tons of rice each year, all of

which is gluten and GMO free.

About P.F. Chang’s

P.F. Chang‘s features a blend of high-quality, Asian-inspired cuisine and American hospitality in

a sophisticated, contemporary bistro setting. The company owns and operates 210 domestic P.F.

Chang‘s restaurants in 39 states. For more information on P.F. Chang‘s, please

visit pfchangs.com, and follow us on Facebook, Twitter @PFChangs and Instagram.

About USA Rice

USA Rice is the global advocate for the U.S. rice industry, conducting programs to inform

people about domestically grown rice. U.S. farmers produce an abundance of short, medium and

long grain rice, as well as organic and specialty rice including jasmine, basmati, Arborio, red

aromatic and black japonica, among others. For more information, visit www.USARice.com.

Contacts

for P.F. Chang‘s

Investor Contact:

Allison Schulder, 480-888-3000

[email protected]

or

Media Contact:

Abra Williams, 612-455-7489

[email protected]

http://www.businesswire.com/news/home/20150831006126/en/P.F.-Chang%E2%80%99s-Launches-Ricegivingsm-

Program-Feed-

Hungry#.VeWNSflViko?utm_source=USA+Rice+Daily%2C+September+1%2C+2015&utm_campaign=Friday%2

C+December+13%2C+2013&utm_medium=email


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