6th november,2015 daily global,regional & local rice e newsletter by riceplus magazine

Daily Global Rice E-Newsletter by Riceplus Magazine

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November 06,2015 Vol 5, Issue XI

www.riceplusmagazine.blogspot.com


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Rice News Headlines...

A mixed bag for nation’s rice sector

Rice Farmers Face Hard Times As Smugglers Gain Ground

FG, AATF Inaugurate First Confined Field Trial Facility for Genetically Improved Rice

Production

Golden Rice promises to be a tool vs hidden hunger, claims IRRI expert

Is rice importation the only gov’t response to the shortage?

Calrose rice 'world's best' in international competition

Commerce: 5 million tonnes of rice sold

Thailand: Rice traders from Hong Kong observe jasmine rice production in Thailand

Milo Hamilton, Stuart Hoetger to provide first look at rice markets

G2G rice deal with Indonesia to ensure export target of 10m tonnes met

OLD RICE SILOS TRANSFORMED INTO CONTEMPORARY ART SPACE

The future of hybrid rice in U.S. and world rice production

11/06/2015 Farm Bureau Market Report

Nagpur Foodgrain Prices Open-November 06

CME Group/Closing Rough Rice Futures

Mexico to Eliminate Rice Import Duties Under TPP

In Arkansas and Mississippi, EQIP Aplenty

News Detail...

A mixed bag for nation‘s rice sector Fri, 6 November 2015

Cheng Sokhorng

Amru Rice CEO and president Song Saran sits down to talk the Post about Cambodia’s rice

sector. Pha Lina

Cambodia’s rice sector has experienced some setbacks as a result of drought and neighbouring

competition this year. As 2015 comes to an end, Cambodia’s rice sector is recovering from these

obstacles and is experiencing some improvements. The Post‘s Cheng Sokhorng sat down with

Song Saran, CEO and president of Amru Rice (Cambodia), to discuss the current condition of

the rice sector and its future.

In light of the delayed rainfall and drought experienced in many parts of the country, how

do you see this season’s rice harvest shaping up? Rice farming this year has suffered as a result of the late rain and climate-related issues. This

affected mainly two types of paddy, both of which take at least five months to harvest. But as a

result of the recent rainfall, I think this year‘s rice crops will survive and we could see some

gains made in the yield. Although we do not know how much we will harvest by the end of the

year, we know that it cannot reach 1 million tonnes of exports.


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What is our prospect of achieving this target in the future? We will still not be able to export the target of 1 million tonnes in 2016 and 2017 if we cannot

handle all problems that hinder our ability to compete with other countries. Cambodia has the

capacity to produce 2 million tonnes of milled rice for exports, but there is only market demand

for low quality and low price, therefore it is difficult to compete with Thailand and Vietnam.

Cambodia was knocked from its top spot as producer of the World‘s Best Rice last month by a

Californian variety at the annual World Rice Conference last month.

What were your impressions about the contest and results? Cambodia was runner-up to the US, accompanying Vietnam in the final round. I do not view this

as a negative result because a round-grain rice was ranked as number one in the world for 2015

and Cambodia cannot grow this kind of rice. Cambodia has the best quality jasmine rice, which

is different from the California rose rice, so I feel as though this result had no impact on

Cambodia‘s rice market. In the contest we did not use Phka Romduol rice, which is our country‘s

top-ranked variety. Instead we used fragrant rice, which is number two or three in our country.

So we are still proud that our lower-ranked fragrant rice made it to the

final round.

Cambodia recently renewed its 100,000-tonne rice contract to supply China. What does the

deal mean for the sector, and were you disappointed that the quota was not expanded as

requested? China had an agreement to buy 1 to 2 million tonnes of rice from Thailand for $40 to $50 per

tonne cheaper than Cambodia‘s rice, so China gets more of its rice from Thailand than

Cambodia. However, even though Thailand has a lot of rice in stock, it is lower quality than rice

in our country.China buys our rice not only because of its quality, but because of its [close

relationship] with Cambodia. However, I believe that if Cambodia lowered its price of rice a

little bit, China will order more than 100,000 tonnes. Exports of 100,000 tonnes of rice will start

on January 1.


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By the way, our government also signed an MoU with Indonesia in 2012 to supply 100,000

tonnes of rice per year. However, we lost this market opportunity because the price of our rice

was higher than other countries, such as Thailand and Vietnam. We will discuss opportunities

and prices with Indonesia in 2016. I feel optimistic that with the cooperation of Indonesia and the

Philippines we can reach our target of 1 million tonnes of rice exports in the future.

Some rice millers have claimed that access to finance is the biggest obstacle to realising the

export target of 1 million tonnes per year. Would you agree?

I recognise that finance is a problem. Some rice millers rely on financial assistance from private

banks, but the private banks will not lend them money because they view the rice millers as a

risk. As a result, rice millers are only able to receive half of their requested loans after giving

their land or other assets as collateral to the banks. For example, to obtain the $6 to $7 million

needed to purchase paddy rice, the rice miller must have land or a house that costs at least $14

million.

Rice millers buy enough rice stock for two to three months of milling and then stop milling

because they run out of money to buy rice stock. This challenge, as well as transportation fees,

port fees and electricity, makes our paddy rice not able to compete with other countries that offer

a lower price.Another problem we faced this year is that rice from Vietnam was often mixed

with our rice, which put some of our millers out of work. The government should guarantee

loans to any rice miller that has good credit, which offers the possibility to expand their business

and increase rice exports.

This interview has been edited for length and clarity.

http://www.phnompenhpost.com/business/mixed-bag-nations-rice-sector

Rice Farmers Face Hard Times As Smugglers Gain Ground

Kingsley Alu

— Nov 6, 2015 3:58 am | Leave a comment

Smuggling of rice from across the Nigerian borders

has reached prohibitive levels, with hundreds of

trailers plying back and forth from neighbouring

countries carrying illegal shipments of the staple

food.Leadership investigation has revealed.The

nation‘s supply gap was estimated at around 3

million tonnes by United States Department of

Agriculture (USDA) and half that number by the

federal government earlier this year.Findings

however, showed that legal importers paying full

tariff of 70 per cent have not been able to compete


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with smugglers who enjoy a free ride into the market, aided by negligible tariffs in neighbouring

Cameroon and Republic of Benin,and taking advantage of porous borders.

Another pertinent problem hamstringing rice investors is the Central Bank of Nigeria(CBN)‘s ban of

foreign exchange for rice imports, among other products, choking the importation supply chain.The

resultant shortage in the market is now being exploited by smugglers, who prospered significantly in 2013

when they were able to move in around 2.5 million tonnes through the borders, without paying a single

kobo as import duty.It will be recalled that in 2013, the federal government increased the importation

tariff to 110 per cent as against zero duty regime administered in Benin and Cameroon.As Nigeria

Customs Service (NCS) struggles to rope in the smugglers, the market is rapidly filling up with cheap

quality rice also frustrating efforts of commercial agriculture by key investors in the rice value chain.

Large multinationals including Olam, Stallion Group and Dangote have announced large-scale

investments in the value chain that are crucial in Nigeria‘s quest to meet a growing annual demand of 6.5

million tonnes per annum. Stallion Group is expanding its capacities to produce 1.5 million tonnes in

Nigeria, whilst Dangote has announced plans to farm 100,000 hectares for rice production.Stakeholders

who spoke to Leadership said that effective curbing of rice smuggling was essential to get these projects

to fruition and encourage millions of farmers to get back intensively to rice farming.The National Rice

Millers Association of Nigeria (NRMAN), said this week that the Nigerian Customs Service (NCS), erred

in its decision to lift the ban on importation of rice through the land borders. The chairman of the

association, Mohammed Abubakar, said the NCS overreached its statutory mandate as an enforcement

agency in taking such a policy decision.

leadership.ng/business/472432/rice-farmers-face-hard-times-as-smugglers-gain-ground

FG, AATF Inaugurate First Confined Field Trial Facility for

Genetically Improved Rice Production 05 Nov 2015

Ag. Head of Service (HoS) of the Federation, Mrs. Winifred Oyo-Ita

Dele Ogbodo in Abujaâ€¨

The federal government and the African Agricultural Technology Foundation (AATF) on

Wednesday inaugurated Nigeria‘s first Confined Field Trial (CFT) facility for the production of

a genetically improved African rice variety known as Nitrogen-use efficient, Water-use efficient

and salt-tolerant (NEWEST) aimed at addressing the country‘s food challenge.The Acting Head

of Service (HoS) of the Federation, Mrs. Winifred Oyo-Ita, who was represented by Mr.

Abayomi Oguntunde, Director, Bio-Resources Technology, Federal Ministry of Science

Technology, and the Executive Director, AATF, Mr. Dennis Kyetere, who spoke at the National

Cereals Research Institute (NCRI) in Badeggi, Niger State, averred that the project was aimed at

increasing food productivity in the continent and Nigeria in particular.


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THISDAY however gathered

from AATF Project Coordinator,

Mr. Kayode Sanni, that the

technology would be used from

2016 to accelerate the

development of improved food

produce.The HoS, admitted that

that Nigeria‘s food crisis called

for the use of smart

biotechnology tools to address

the embarrassing situation.Oyo-

Ita said: ―This project which is a

multiple-stakeholders

partnership is being coordinated by AATF to develop genetically improved Africa rice varieties

with enhanced agronomic traits or better yields under abiotic stress.‖

She said NEWEST rice was a clear pointer on the way forward for agricultural development in

the country.While thanking AATF, she promised that government would ensure its best use and

that the purpose of its instalment would be attained through meeting the country‘s rice needs.She

said the current administration had pledged significant investment in agricultural science to

boost food and industrial production and also encourage the private sector to do the

same.―Today, while it seems that much of the world has moved forward in food production,

Nigeria has remained on one spot. Over the past three decades agricultural productivity has been

stagnant or steady decline. This is mainly due to underinvestment particularly in modern

agriculture science.―If we do not use this technology to make a significant and lasting impact in

the rates of hunger, under-nutrition and poverty in the country, then we will have failed our

nations and ourselves.‖

The enactment of the Biosafety Act, according to her, would allow the safe application of

modern agricultural biotechnology practice in the country.‖While Nigeria‘s former Agriculture

Minister, who is now the President of AfDB, Dr. Akinwunmi Adeshina Kyetere said the country

spent over N365 billion annually on rice importationsAccording to him, AATF, a non-profit and

an NGO facilitates and promotes public and private partnerships for access and delivery of

appropriate technologies for sustainable use by small farmers in Sub-Saharan Africa (SSA)

through innovative partnership and effective stewardship along the entire value chain adding that

it is a one stop shop that provides expertise and know how that facilitates the identification,

access development, delivery and utilization of agricultural technologies.

He said: ―So far, Nigeria has benefitted from over $30 million through AATF investment in

Cowpea improvement, Open Forum on Agricultural Biotechnology (OFAB), Cassava

Mechanization and Agro Processing (CAMAP), Aflatoxin project and NEWEST Rice.―The

NEWEST rice is a cutting edge technology that employs the tool of biotechnology to genetically

improving African rice variety, NERICA. A climate smart technology of this kind which focuses

on ameliorating the perennial constraints of nitrogen deficiency, drought and salinity in rice

production.‖In a remark, the DG, National Biotechnology Development Agency (NABDA),

Prof. Lucy Ogbadu, however admitted that modern biotechnology has been an issue of great

concern to many people who do not really understand what it stands for. The inauguration of the


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CFT facility, she added brings more clarity on cautions that scientists put into practice to ensure

that everything is done with care to the improved rice.

Also speaking the acting DG, NCRI, Mr. Samuel Agbore, said insufficient rice production

affects the well-being of over 20 million small holder farmers, who depend on rice as staple,

adding that the low yield of Africa rice has resulted in importation of over 40million metric tons

percent of rice consumed.In his contribution, the DG, National Biosafety Management Agency,

Mr. Rufus Ebegba, said the reality of Nigeria‘s economic situation called for the need to give

priority attention to agriculture as a means of diversifying the economy, adding that the global oil

prices which is constantly on the fall has become a threat to the country‘s survival.

He admitted that biotechnology remains the tool to diversify the economy. He said any

technology cannot deliver safe for Nigerians is not worth it, adding that the NEWEST rice is one

of the outcome of biotechnology.He said the Biosafety Bill, recently promulgated into law, will

be used to challenged the science community to come up with products that will be used to

addressed climate change and dwindling economy.He said: ―The management of the CFT must

not be treated with levity, it must be taken verious seriously.

What we saw in the last two weeks here is the first confined field trial in the country.‖He

warned that all terms and conditions of the CFT permit must be met. Tags: News, Nigeria, Featured

http://www.thisdaylive.com/articles/fg-aatf-inaugurate-first-confined-field-trial-facility-for-

genetically-improved-rice-production/224718/

Golden Rice promises to be a tool vs hidden hunger, claims

IRRI expert By: Diego Mora, InterAksyon.com

November 6, 2015 6:41 AM

InterAksyon.com

The online news portal of TV5

An expert from the International

Rice Research Institute (IRRI) says

Golden Rice is a potential new food-

based approach to help fight vitamin

A deficiency (VAD), a form of

hidden hunger.Dr. Violeta Villegas,

Golden Rice Project Coordinator for

IRRI, added that hidden hunger is a

pervasive and persistent problem

affecting more than two billion

people globally.―As a breeder

myself, it gives me pride and joy to

be part of a humanitarian project that

seeks to address a major public health problem,‖ Villegas noted.Aside from IRRI, the Philippine

Rice Research Institute (PhilRice) and the Southeast Asian Regional Center for Graduate Study


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and Research in Agriculture (Searca) area also involved in pushing for increased rice production

and food security.

Searca is also supporting the research on Golden Rice and other rice varieties that are higher-

fielding, nutritious and resistant to flooding and drought.An estimated 190 million children and

19 million pregnant women are affected by VAD globally, according to the World Health

Organization (WHO.)

If one is deficient in vitamin A, the immune system is affected, making them vulnerable to

certain diseases like measles and weak eyesight, especially among pre-school children.―They can

go blind. Some may die because they become more susceptible to certain diseases,‖ Villegas

warned.Lactating mothers also need vitamin A because their milk is their babies‘ primary source

of nutrition, she added.―I always say yes, there are interventions like diversifying diet, breast-

feeding, fortification and so on. They‘re working, but the fact remains that there‘s still a sizable

portion of our population not reached by these interventions,‖ Villegas explained.

Villegas explained that there remain sectors of society that are not reached by the current

interventions, those who live in far-flung barangays (villages), but they eat rice three times a day,

sometimes more, so fortifying rice can indeed help.―It will be very good if there will be an

additional tool in our kit, in our toolbox, to complement the existing interventions,‖ she

said.Golden Rice is an example of how agriculture and nutrition can work together to fight

VAD.Asked how soon Golden Rice will be allowed for cultivation, she replied: ―Our answer is,

when we get all the approvals, we will share them immediately.

I cannot say the year because we are following the regulatory system of the Philippines that

prescribes all the steps that we have to take. Like you do a series of field tests, you do confined

tests, you do multilocation trials to test adaptability of this new variety. You have to follow

them.‖Currently, Golden Rice is in the confined field trials stage. Multilocation trials will follow

and later on, the application for propagation or cultivation will have to be filed.―While we are

doing these trials, we are also generating biosafety data, required for food, feed and processing

approval,‖ Villegas said.Another step, she added, is that upon getting food and feed approval, a

reputable independent organization will do the bio-efficacy trial.They will not do this until

Golden Rice gets the food approval, Villegas stressed.―We can predict when we can get all the

data but getting the approval is the ultimate ‗diploma‘ that we have to secure before we can go

public,‖ she concluded.

http://www.interaksyon.com/article/119808/golden-rice-promises-to-be-a-tool-vs-hidden-hunger-claims-

irri-expert

Is rice importation the only gov’t response to the shortage? Posted by Online on Nov 6th, 2015

THERE are still two months left in the year 2015, but the government has already decided to

import a million metric tons of rice on top of 500,000 metric tons already programmed for the

first quarter of 2016.The National Economic and Development Authority (NEDA) said the


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importation is aimed at ensuring that the prices of rice will not spike in the wake of the El Niño

drought and the typhoon Lando floods that destroyed rice crops in the last few months.

Why is rice importation the immediate response of the government to an impending shortage?

Why not a mobilization of the nation‘s agricultural resources to produce some – if not all – of the

rice needed to replace what we have just lost?As Gabriela party-list Rep. Luz Ilagan asked,

―Why is it beyond the capabilities of government to subsidize our farmers, so that the

government buys from them and, at the same time, assure adequate rice supply and prevent a

price spike?‖ ―Food security is not a priority of this administration; importation is,‖ said another

party-list congressman, Rep. Carlos I. Zarate.

Favored rice importers and cartels will again benefit from this new decision to import additional

hundreds of thousands of tons of rice.If this policy persists, the Philippines will never be self-

sufficient in rice. We have the land, we have new high-yielding varieties which are resistant to

drought as well as to floods, we have farmers who only need to be mobilized with sufficient

funding.We need to repair the many irrigation systems that have silted over the years and we

need to building many new ones, along with dams to retain the rainwater that now flows

unimpeded to flood the plains on the way to the sea.

But such a major undertaking may have to be put off in favor of more immediate emergency

measures.In his past State-of-the-Nation Addresses, President Aquino said rice shortages will

soon become a thing of the past. His administration is ending, not with the promised abundance

but with a massive importation. Importation may be the quick solution, but along with it, the

government should consider a parallel program that will make use of our own resources to

produce at least a part of our needs. There is time to launch this in the next eight months before a

new administration takes over.

http://www.tempo.com.ph/2015/11/06/is-rice-importation-the-only-govt-response-to-the-shortage/

Calrose rice 'world's best' in international competition Nov 5, 2015Todd Fitchette | Western Farm Press

California rice loaded in trailers and ready to be trucked to storage and further processing. California‘s Calrose rice was recently honored at the World Rice Conference in Malaysia with the

―World‘s Best Rice‖ award.According to the California Rice Exchange, a licensed broker and

commission merchant company based in Durham, Calif, the significance of the award is seen in that

it beat out a foreign competitor that was the reigning champion of the past three years.―This win is a

result of over 100 years of variety development by the California Rice Experiment Station, coupled

with top-notch farming practices and an excellent warehousing and milling system,‖ said Jeremy

Zwinger, president and chief executive officer of The Rice Trader.

According to the California Department of Food and Agriculture, Calrose is a medium-grain white

rice that originated in California. California is the second-largest rice growing state in the nation. The

state‘s 2,500 rice farmers produce about 2.5 million tons of rice annually.A panel of experts and

international chefs judged the rice entries. One of the chefs, according to the CDFA, was Matthew

Teruo Sato of Sacramento‘s Ten22 restaurant. Sato recently won the ―Lord of Rice‖ culinary

competition.Typically more than 550,000 acres of rice is grown within 100 miles of Sacramento,


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Calif., making it a significant contributor to local economies and state export dollars as much of the

rice is exported to international markets. http://westernfarmpress.com/rice/calrose-rice-worlds-best-international-competition

Commerce: 5 million tonnes of rice sold 6 Nov 2015 at 17:35

WRITER: ONLINE REPORTERS Commerce: 5 million tonnes of rice sold WRITER: ONLINE REPORTERS

The Commerce Ministry has sold 5 million tonnes of rice from the previous administrations's

pledging scheme, but the government is paying about a billion baht a month to store the 13.7

million tonnes remaining in the stockpile.Commerce Minister Apiradi Tantraporn revealed the

details in answer to questions about the rice stockpile's management raised by members of the

National Legislative Assembly on Friday.She said since the coup on May 22, 2014 the ministry

had earned 52.3 billion baht from the sale of 5 million tonnes of rice. There were still 13.7

million tonnes of unsold rice on hand.

The stockpile was accumulated under the rice pledging programme implemented by the

Yingluck Shinawatra government.She said 100 teams were appointed to inspect the rice stock

nationwide. This revealed a total amount of 18.7 million tonnes. The condition of 12 million

tonnes was around standard, and about 6 million tonnes below the standard,

with around 400,000 tonnes recorded as delivered found to be missing.The ministry, which was

responsible for the rice pledging scheme, had taken legal action against warehouse owners whose

stocks were short of the recorded amount, or if the grain had deteriorated in quality.

There were another 300,000 million tonnes stored outside the contracted warehouses that must

be kept as evidence for legal cases, the minister said. However, the Royal Thai Police Office on

Oct 16 allowed the ministry to sell rice from the evidential stockpile.Ms Apiradi said the


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ministry must pay about a billion baht a month in warehouse rent, storage and maintenance fees,

fumigation, interest payments and insurance premiums.

She said the ministry had released grain though auctions, but would halt the auctions during the

harvest season in November and December to support the paddy price in the domestic market.

The auctions were aimied not only at rice traders but also at industries such as animal feed and

alternative energy. Asked about the use of Section 44 of the interim charter to protect officials

working on the rice pledging cases, Ms Apiradi said the purpose was to ensure the officials had

confidence they would not face disciplinary or legal charges sometime in the future if they

performed their tasks honestly.

link:http://www.bangkokpost.com/news/general/756728/commerce-5-million-tonnes-of-rice-sold.

Thailand: Rice traders from Hong Kong observe jasmine rice

production in Thailand 11/6/2015

Thai News Service

The Ministry of Commerce and Thai Rice ExportersAssociation have given representatives of

Hong Kong riceimporters a tour of Thai jasmine rice production.Deputy Permanent Secretary of

Commerce Somchart Soithong greeted the representatives from various organizations in Hong

Kong, including the Hong Kong Rice Suppliers Association, Hong Kong


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ice Importers &Exporters Association and Hong Kong Rice Wholesalers Association, after their

arrival to the Eastern Rice Mill Co., Ltd. in Kalasin province.Mr. Somchart said that Thailand

has been trading rice with Hong Kong over the last 50 years. Hong Kong is also Thailand's

second largest jasmine rice importer.

More than 5.7 billion baht's worth of jasmine rice wasimported to Hong Kong last year, and it

has already totaled 4.2 billion baht during the first eight months of 2015, 16.5% increase

compared to the same period last year.Mr. Somchart said the increase was due in part to the

event organized each year to strengthen relationships between Thai and Hong Kong rice traders.

The same event will be held in Khon Kaen, Kalasin, Roi Et and Maha Sarakham this year. http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2476926076

Milo Hamilton, Stuart Hoetger to provide first look at rice

markets Nov 5, 2015Delta Farm Press

―Deeper changes beyond sheer economics are influencing market decisions & responses,‖ The

University of Arkansas' Bobby Coats notes. ―The key to 2016 Southern long grain acreage

expansion will be Asian rice prices. 2016 rice market considerations before making that planting

decision will be reviewed in detail.‖

Milo Hamilton

In the United States, rice is a crop that is planted on a relatively small number of acres by a

relatively small number of farmers. In the rest of the world, particularly in Asia, it is much more

than that.

―The Chinese say ‗More precious than pearls and jade are the five

grains of which rice is the first grain,‖ says a video produced by

Firstgrain, a rice marketing service which takes its name from the

Chinese proverb.Milo Hamilton, president of Firstgrain, and Stuart

Hoetger, economic consultant for the company, will be the

presenters for a University of Arkansas Division of Agriculture

Food and Agribusiness Webinar at 2 p.m. Thursday (Nov.

12).―Global rice statistics suggest an inability of global rice

production to keep pace with consumption,‖ says Bobby Coats,

professor in the Department of Agricultural Economics and

Agribusiness at the University of Arkansas. ―The implications of

tighter stocks on long and medium grain markets will be

discussed.―Deeper changes beyond sheer economics are

influencing market decisions & responses,‖ Dr. Coats notes. ―The key to 2016 Southern long

grain acreage expansion will be Asian rice prices. 2016 rice market considerations before making

that planting decision will be reviewed in detail.‖

To register for the Firstgrain webinar, which will be one of two discussing different facets of the

rice industry on Nov. 12, click

onhttps://uaex.zoom.us/webinar/register/3db8dd1150f1dbea7c24e00bf0acd2b8.


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For three decades Milo Hamilton has covered the world of rice for his customers. For 18 years he

bought rice for Uncle Ben‘s Inc., a Mars Incorporated company. For the last 14 years, his

company, Firstgrain, has advised sophisticated rice firms and farmers on the market and its

relationship to everything else.―It focuses on long-term and short-term changes and gives others

an edge,‖ says Hamilton. ―It seeks to level the playing field for rice farmers to help them prosper

and to respect each other as professionals. The current clientele of Firstgrain includes CEOs of

rice firms and farms across the globe.

‖In recent years, Hamilton grew concerned about the global impact of change from the rural rice

markets in Asia. As a world expert on rice, his concern led him to write his book ―When Rice

Shakes the World,‖ so readers might know what could happen and what should happen as the

East and the West collide.He lives in Austin, Texas with his wife, Jan, and his little Pomeranian,

Penney. He is surrounded by his children and their families.After graduating from the University

of California-Davis, Stuart Hoetger worked in corporate finance before transitioning into the rice

industry. Hoetger uses his finance and economic background to provide weekly market analysis

to various rice market newsletters, most notably, Firstgrain‘s Rice Market Strategist. Hoetger

also gives market presentations at rice conferences throughout Asia and Latin America.

Hoetger‘s fluency in Spanish has afforded speaking engagements in the Western Hemisphere

that include Mexico, Ecuador, Argentina, Paraguay, and Peru. In the Eastern Hemisphere,

Hoetger contributed to the rice futures technical working group in Singapore on behalf of

Firstgrain, and more recently has consulted on agricultural development projects in Northeast

China and Thailand. Hoetger‘s technical understanding of the global rice trade has proven

valuable to decision makers in both the private and the public sector.In addition to market

advisory, Stuart Hoetger and Logan Wilson, owners of The Stogan Group, manage the Calrose

Coop, a grower-owned paddy marketing cooperative, and are owners in the new rice paddy

trading platform, CashRice Network. Hoetger and Wilson seek to increase price discovery and

market liquidity in order to generate higher returns for their members.

To watch the Firstgrain video, go to https://vimeo.com/140280882.

For more information on the University of Arkansas Food and Agribusiness Webinars,

visit http://www.uaex.edu/farm-ranch/economics-marketing/food-agribusiness-webinars/.

http://deltafarmpress.com/rice/milo-hamilton-stuart-hoetger-provide-first-look-rice-

markets?utm_source=USA+Rice+Daily%2C+November+6%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&

utm_medium=email

G2G rice deal with Indonesia to ensure export target of 10m

tonnes met Petchanet Pratruangkrai

The Nation November 6, 2015 5:18 pm

Thailand has recently won a government-to-government contract for the sale of 500,000 tonnes

of rice to Indonesia, ensuring that the Kingdom should be able to ship some 10 million tonnes


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globally this year.Commerce Minister Apiradi Tantraporn Friday said the G2G rice deal should

generate income of Bt8 billion, while helping to ensure that market prices during the current

harvest season do not fall significantly, to the detriment of farmers.

"With rising drought concerns, Thailand should be able to export the targeted level of 10 million

tonnes of rice this year, of which about 1.15 million tonnes will be from the government's stocks.

For next year, we should again be able to ship at least 10 million tonnes, due to forecasts of

strong demand in the market," she said.

http://www.nationmultimedia.com/breakingnews/G2G-rice-deal-with-Indonesia-to-ensure-export-targ-

30272414.html

OLD RICE SILOS TRANSFORMED INTO CONTEMPORARY

ART SPACE

In today's Hometown Live, Elissa Rivas gets an inside look at a new exhibit space in repurposed

rice silos

Thursday, November 05, 2015 05:10PM

HOUSTON (KTRK) -- In the Washington Avenue Arts District, people have turned something

you'd likely see on a farm into a unique exhibit, 'Silos on Sawyer.'It's a celebration of

contemporary art inside one of Houston's newest art exhibition spaces.For decades, 'The Silos on

Sawyer' was a rice packaging plant. Now, more than two dozen re-purposed silos serve as site-

specific exhibition space -- art created only to view here for a limited time. Much of the art is

interactive.

Artist Aaron Courtland used more than a thousand tiny mirrors and a constantly moving

projector to develop his vision of a silo as an abandoned space lab.Courtland said, "I would like

to believe no one has ever installed a space station inside of an old rice silo like this before so the

experience should be fresh and new for anybody that walks through the environment."Artist Trey

Duvall's work, which includes two tons of porcelain clay and steel, is yet to be revealed.

However, inside a silo with water dripping from the ceiling, Duvall explained, "As the water

drips down the silo cone, it starts to oxidize and rust the steel to ultimately degrade this clean

shape into something that then breaks down and seeps out and the silo then becomes the

container."Take a closer look at the exhibit in the video above. The exhibit is free and opens

tomorrow night.

http://abc13.com/news/old-rice-silos-transformed-into-contemporary-art-space/1070429/

The future of hybrid rice in U.S. and world rice production Nov 5, 2015Delta Farm Press


15

―This webinar will provide an overview of the current and future role of hybrid rice technology

in global food production,‖ says the University of Arkansas' Dr. Bobby Coats. ―We will review

the impact that hybrid rice has had on the US market, the adoption of hybrid rice in the global

market and a forecast of the evolution of hybrid rice over the next 20 years.‖

Michael Gumina

How can hybrid rice help meet the global demand for increased food production?

That‘s the topic of the next installment of the University of Arkansas Division of

Agriculture‘s Food and Agribusiness Webinar Series. Addressing the issue will be

Michael A. Gumina, global CEO for RiceTec Ag. He will be welcomed by Bobby

Coats, professor in the Department of Agricultural Economics and Agribusiness at

the University of Arkansas and moderator of the webinar series.―This webinar will

provide an overview of the current and future role of hybrid rice technology in global food

production,‖ says Dr. Coats. ―We will review the impact that hybrid rice has had on the US market,

the adoption of hybrid rice in the global market and a forecast of the evolution of hybrid rice over the

next 20 years.‖

To register for the webinar, which will begin at 10 a.m. on Thursday (Nov. 12),

click onhttps://uaex.zoom.us/webinar/register/d1753b665ff1bfe334538d7d4481ef37.

This webinar‘s presenter, Michael Gumina, has been engaged with production agriculture and the

seed industry for over 35 years. He is currently the lead executive for RiceTec AG which is a

privately held, leading global hybrid rice seed business.Prior to joining RiceTec, he was an executive

with DuPont Pioneer where he was responsible for global seed production operations and a member

of several key global and regional management teams.

He has been a member of the American Seed Trade Association board of directors, serving as board

chairman in 2011-12, and the board of the International Seed Federation. He was appointed to a term

on the USDA Agricultural Trade Advisory Committee by Agriculture Secretary Tom Vilsack in

2013.He has also been a member of numerous non-profit boards and advisory panels including the

Iowa State Seed Science Center, Iowa 4-H Foundation, ChildServe and most recently the First the

Seed Foundation.Gumina is a graduate of Iowa State University in Ames, Iowa, with a degree in

agronomy.

To learn more about the University of Arkansas Webinar Series, visithttp://www.uaex.edu/farm-

ranch/economics-marketing/food-agribusiness-webinars/

http://deltafarmpress.com/rice/future-hybrid-rice-us-and-world-rice-

production?utm_source=USA+Rice+Daily%2C+November+6%2C+2015&utm_campaign=Friday%2C+December+13%2C+2013&utm_medium

=email

11/06/2015 Farm Bureau Market Report Rice

High Low

Long Grain Cash Bids - - - - - -

Long Grain New Crop - - - - - -


16

Futures: ROUGH RICE

High Low Last Change

Nov '15 1217.5 1214.0 1218.5 -0.5

Jan '16 1249.0 1237.0 1244.0 -1.5

Mar '16 1275.0 1265.0 1270.5 -1.0

May '16

1295.5 -1.0

Jul '16

1319.0 -1.5

Sep '16 1270.0 1270.0 1270.0 -11.5

Nov '16

1270.0 -11.5

Rice Comment Rice futures ended higher today, but January continues to fail at resistance at $12.50. Weekly export sales were

up 27% from the prior four week average at 81,400 metric tons. Shipments of 45,500 metric tons was down 39%, however

Nagpur Foodgrain Prices Open-November 06 Fri Nov 6, 2015 2:31pm IST

Gram prices today firmed up again in Nagpur Agriculture Produce and Marketing Committee

(APMC) here on increased buying support from local millers amid thin arrival from producing

regions. Healthy rise in Madhya Pradesh gram prices and upward trend on NCDEX also helped

to push up prices, according to sources.

FOODGRAINS & PULSES GRAM

* Gram varieties ruled steady in open market here but demand was poor.

TUAR

* Tuar gavarani and tuar Karnataka recovered marginally in open market on good

festival season demand from local traders amid weak supply from producing regions.

* Moong mogar bold and medium varieties showed upward tendency in open market here on

increased seasonal demand from local traders amid tight supply from producing belts.

* In Akola, Tuar - 11,000-11,300, Tuar dal - 17,200-17,400, Udid -

13,900-14,300, Udid Mogar (clean) - 17,300-18,000, Moong -

10,000-10,200, Moong Mogar (clean) 11,600-11,800, Gram - 4,200-4,400,

Gram Super best bold - 6,000-6,400 for 100 kg.

* Wheat, other varieties of rice and other commodities remained steady in open market

in weak trading activity.

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

FOODGRAINS Available prices Previous close

Gram Auction 4,100-4,820 3,940-4,790

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

Tuar Auction n.a. 7,800-9,200

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


17

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

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

Gram Super Best Bold 6,400-6,600 6,400-6,600

Gram Super Best n.a. n.a.

Gram Medium Best 6,000-6,100 6,000-6,100

Gram Dal Medium n.a. n.a

Gram Mill Quality 5,000-5,100 5,000-5,100

Desi gram Raw 4,850-4,950 4,850-4,950

Gram Filter new 5,400-5,600 5,400-5,600

Gram Kabuli 5,800-7,100 5,800-7,100

Gram Pink 6,200-7,000 6,200-7,000

Tuar Fataka Best 17,500-17,800 17,500-17,800

Tuar Fataka Medium 17,000-17,300 17,000-17,300

Tuar Dal Best Phod 16,500-16,800 16,500-16,800

Tuar Dal Medium phod 15,500-15,900 15,500-15,900

Tuar Gavarani New 11,750-12,300 11,700-12,300

Tuar Karnataka 12,650-12,800 12,600-12,800

Tuar Black 18,000-18,300 18,000-18,300

Masoor dal best 8,000-8,200 8,000-8,200

Masoor dal medium 7,600-7,800 7,600-7,800

Masoor n.a. n.a.

Moong Mogar bold 11,600-12,100 11,500-12,000

Moong Mogar Med 10,100-11,100 10,000-11,000

Moong dal Chilka 9,500-9,600 9,500-9,600

Moong Mill quality n.a. n.a.

Moong Chamki best 9,000-10,000 9,000-10,000

Udid Mogar Super best (100 INR/KG) 16,500-18,500 16,500-18,500

Udid Mogar Medium (100 INR/KG) 14,500-15,500 14,500-15,500

Udid Dal Black (100 INR/KG) 10,600-11,200 10,600-11,200

Batri dal (100 INR/KG) 6,000-6,500 6,000-6,500

Lakhodi dal (100 INR/kg) 5,200-5,300 5,200-5,300

Watana Dal (100 INR/KG) 3,200-3,400 3,200-3,400

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

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

Wheat 308 (100 INR/KG) 1,600-1,700 1,600-1,700

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

Wheat Filter (100 INR/KG) 1,550-1,750 1,550-1,750

Wheat Lokwan best (100 INR/KG) 2,200-2,400 2,200-2,400

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

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

MP Sharbati Best (100 INR/KG) 3,400-4,000 3,400-4,100

MP Sharbati Medium (100 INR/KG) 2,600-2,800 2,600-2,900

Rice BPT best (100 INR/KG) 2,800-3,200 2,800-3,200

Rice BPT medium (100 INR/KG) 2,600-2,800 2,600-2,800

Rice Parmal (100 INR/KG) 1,600-1,800 1,600-1,800

Rice Swarna best (100 INR/KG) 2,100-2,450 2,100-2,450


18

Rice Swarna medium (100 INR/KG) 1,800-2,200 1,800-2,200

Rice HMT best (100 INR/KG) 3,400-3,800 3,400-3,800

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

Rice HMT Shriram best(100 INR/KG) 4,200-4,500 4,200-4,500

Rice HMT Shriram med.(100 INR/KG) 3,600-4,100 3,600-4,100

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

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

Rice Chinnor best(100 INR/KG) 5,200-5,400 5,200-5,500

Rice Chinnor medium (100 INR/KG) 4,600-5,000 4,700-5,000

Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200

Jowar CH-5 (100 INR/KG) 1,700-1,900 1,700-1,900

WEATHER (NAGPUR)

Maximum temp. 32.9 degree Celsius (91.2 degree Fahrenheit), minimum temp.

22.2 degree Celsius (70.2 degree Fahrenheit)

Humidity: Highest - n.a., lowest - n.a.

Rainfall : n.a.

FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 33

and 20 degree Celsius respectively.

Note: n.a.--not available

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

http://in.reuters.com/article/2015/11/06/nagpur-foodgrain-idINL3N1313LC20151106

CME Group/Closing Rough Rice Futures

CME Group (Prelim): Closing Rough Rice Futures for November 6

Month Price Net Change

November 2015 $12.185 - $0.005

January 2016 $12.440 - $0.015

March 2016 $12.705 - $0.010

May 2016 $12.955 - $0.010

July 2016 $13.190 - $0.015

September 2016 $12.700 - $0.115

November 2016 $12.700 - $0.115


19

Mexico to Eliminate Rice Import Duties Under TPP TPP Under a Microscope

ARLINGTON, VA - Yesterday's release of the Trans Pacific Partnership text confirms what many have

speculated - Mexico has agreed to eliminate all tariffs on rice imports from other TPP partners. The

United States already enjoys duty-free access for rice into Mexico because of the North America Free

Trade Agreement, so the largest beneficiary of this move is Vietnam. Mexico has agreed to eliminate all

import duties on rice except for milled rice on the day the TPP agreement enters into force. Milled rice

duties will decline from the current 20 percent by 2 percentage points each year for 10 years. This

reduction will begin after entry into force which is unlikely to occur until 2017 at the earliest.

"We faced an uphill battle in Mexico because it was evident that Mexico's government intended to

liberalize rice trade with its TPP partners," said USA Rice COO Bob Cummings. "The major threat is in

milled rice and USA Rice worked closely with the Mexican Rice Council to preserve the U.S. rice market

in Mexico.""Thank you to USA Rice for the support which it has given to us," said Ricardo Mendoza,

Executive Director, Mexican Rice Council in an email to USA Rice confirming Mexico's new duty

structure. "We will be following closely the approval process [in the TPP countries]."

Mexico is the number one export market for U.S. rice. Paddy rice dominates U.S. exports and Mexico's

imports. However, the share of milled rice imports is on the rise, including from the United States, and

Vietnam is likely to be a key competitor for the United States going forward.

Contact: Michael Klein (703) 236-1458


20

In Arkansas and Mississippi, EQIP Aplenty

Well EQIP-ed

ARLINGTON, VA -- USA Rice along with Ducks Unlimited and more than 40 other partners are

celebrating their most recent milestone as part of the Sustaining the Future of Rice project and the

Regional Conservation Partnership Program (RCPP). The Natural Resources Conservation Service's

(NRCS) Environmental Quality Incentives Program (EQIP), one of two programs utilized by the project,

collected a total of 334 applications when the sign-up period closed last month in Arkansas and

Mississippi.The other conservation program used within the project is the NRCS Conservation

Stewardship Program (CSP).

The project includes implementation of conservation practices on working ricelands in the six primary

rice-growing states using a $10 million investment from the NRCS and $6.8 million in private funds.

USA Rice Vice President of Government Affairs Ben Mosely said, "These numbers have far exceeded

our expectations and we're confident that with a deep pool of applicants in both states we'll be able to

fund projects on the most environmentally sensitive rice-growing acres for the most effective results

possible."Applicants selected in this round of funding will be notified in early 2016 so they can begin

implementing practices immediately.

The EQIP sign-up period for Louisiana and Missouri is open until Friday, November 20. Sign-up in

California and Texas is anticipated to begin later this winter and CSP sign-ups in all six states will happen

late in 2016.Farmers in Louisiana and Missouri interested in learning more about EQIP and submitting an

application should consult their local county or parish NRCS offices prior to the submission deadline.

Contact: Peter Bachmann (703) 236-1475

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