Daily Global Rice E-Newsletter by Riceplus Magazine
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November 06,2015 Vol 5, Issue XI
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Daily Global Rice E-Newsletter by Riceplus Magazine
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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 Abuja

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
Daily Global Rice E-Newsletter by Riceplus Magazine
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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
Daily Global Rice E-Newsletter by Riceplus Magazine
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
11/06/2015 Farm Bureau Market Report Rice
High Low
Long Grain Cash Bids - - - - - -
Long Grain New Crop - - - - - -
Daily Global Rice E-Newsletter by Riceplus Magazine
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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
Daily Global Rice E-Newsletter by Riceplus Magazine
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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
Daily Global Rice E-Newsletter by Riceplus Magazine
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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
Daily Global Rice E-Newsletter by Riceplus Magazine
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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
Daily Global Rice E-Newsletter by Riceplus Magazine
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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