June 4 ,2015
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Rice Paddies Can be A Source of Electricity! Jun 03, 2015
Dutch scientists have developed a system called Plant-e, which can produce electric energy from living water-logged plants such as rice, according to AsiaOne News.The co-founder of Plant-e told reporters that the system was developed by in 2009 by the Wageningen University researchers. The system generates electricity by harnessing the excess organic matter produced by the rice plant during photosynthesis, which is expelled through the plant roots and is usually consumed by micro-organisms. Two carbon electrodes placed close to the roots will generate electricity from the roots. Electricity stops being produced if the water at the roots evaporates, dries up or freezes. Adding water would again restart the electricity-generation process, said the co-founder of the system. 2
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She said though generating energy from plants is not novel, the Plant-e system is non-invasive and does not damage the plants. Moreover, the power generated is clean energy. It is better than solar or wind power as it can be generated without wind and even at nights.The company, based in Netherlands, sells the Plant-e system, consisting of 60-centimeter square plastic plates containing the technology. These plates can hold the plants intact and help in uninterrupted power generation. However, the system is pretty costly and cannot be afforded by individuals. Systems covering an area of 100 square meters are priced at around 60,000 euros ($66,000). They provide power sufficient to charge a mobile phone, power some LED lights or a wireless internet access point. The Dutch government has already helped install two large-scale systems in the Netherlands on a road bridge and a hi-tech startup campus at a total cost of 120,000 euros (around $132,00). The founders are optimistic that with further government support, the systems can provide about 80% of the electricity needs of an average Dutch family.They say the systems are more useful for South and South East Asian countries, which are major producers of rice.
Global Rice Quotes June 3rd, 2015 Long grain white rice - high quality Thailand 100% B grade 375-385
↔
Vietnam 5% broken
350-360
↔
India 5% broken
375-385
↔
Pakistan 5% broken
390-400
↑
Myanmar 5% broken
415-425
↔
Cambodia 5% broken
430-440
↔
U.S. 4% broken 465-475
↔
Uruguay 5% broken
565-575
↔
Argentina 5% broken
555-565
↔
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Long grain white rice - low quality Thailand 25% broken
345-355
↔
Vietnam 25% broken
325-335
↔
Pakistan 25% broken
350-360
↑
Cambodia 25% broken 410-420
↔
India 25% broken
350-360
↔
U.S. 15% broken
455-465
↔
Long grain parboiled rice Thailand parboiled 100% stxd
365-375
Pakistan parboiled 5% broken stxd
↔
410-420
India parboiled 5% broken stxd 355-365
↔
U.S. parboiled 4% broken
555-565
↔
Brazil parboiled 5% broken
570-580
↔
Uruguay parboiled 5% broken NQ
↔
↔
Long grain fragrant rice Thailand Hommali 92% 845-855
↔
Vietnam Jasmine
↔
470-480
India basmati 2% broken
NQ
↔
Pakistan basmati 2% broken
NQ
↔
Cambodia Phka Mails 4
815-825
↔
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Brokens Thailand A1 Super
315-325
↔
Vietnam 100% broken 310-320
↔
Pakistan 100% broken stxd Cambodia A1 Super
295-305
350-360
↔
India 100% broken stxd 280-290
↔
Egypt medium grain brokens
NQ
↔
U.S. pet food
↔
365-375
Brazil half grain NQ
↓
↔
All prices USD per ton, FOB vessel, oryza.com
Brazil Paddy Rice Index Declines About 2.5% from Last Week Jun 03, 2015
The Brazilian paddy rice index maintained by CEPEA reached around 33.28 real per 50 kilograms as of June 2, 2015, down about 2.5% from around 34.12 real per 50 kilograms recorded on May 26, 5
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2015.In terms of USD per ton, the index reached around $212 per ton on June 2, 2015, down about 4% from around $221 per ton recorded on May 26, 2015.
Heat Wave and Below-Average Monsoon May Impact India's 2015 Main Rice Crop Planting, Say Analysts Jun 03, 2015
The ongoing heat wave and expected below-average rainfall during the monsoon season is likely to delay the sowing of main/kharif (June - December) rice crop, say analysts. Though kharif rice seems to have picked up over the last few weeks, experts say it may not sustain due to excessive heat, especially in top rice-growing states such as Punjab and Andhra Pradesh, according to local 6
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sources.Andhra Pradesh rice farmers are being advised to sow shorter duration paddy varieties, typically ranging from 125-130 days duration instead of 180-one, due to persisting heat wave in the country as well as expected below average rainfall. Also since reservoirs are not of their full capacity, farmers will have to depend on pump irrigation, which is a costly affair. Farmers in most parts of the country are compromising with two irrigation cycles instead of six, according to the Chairman of a farmers' union.Meanwhile, in its second forecast for 2015, the India Meteorological Department (IMD) has its estimate for this year's monsoon rains to 88% of normal, from a previous estimate of 93% due to reports of a strengthening El Nino. It is expecting rainfall to be 85% of the normal in the states of Haryana, Punjab, Rajasthan and Uttar Pradesh. The IMD expects the El Nino pattern to reach to moderate to a strong one during the monsoon season. India average wholesale rice prices continued to increase for the third consecutive month in May 2015 due to expected lower production from the just being completed Rabi secondary rice crop (November - May) and expected below-average rainfall. However, adequate rice stocks are expected to fulfill the country's domestic and export needs as well as curtail excessive price hikes and inflation. This year's kharif rice sowing has reached around 308,000 hectares as of May 29, 2015; up about 21% from around 254,000 hectares planted during the same period last year, according to the Agriculture Ministry data.The government of India, in its third advance estimates for major crops, has estimated India's rice production for 2014-15 marketing year (October 2014 September 2015) at around 102.54 million tons, down about 4% from an estimated 106.65 million tons in 2013-14, according to a statement from the agriculture Ministry.
Indonesia Aims to Procure 2.75 Million Tons of Rice in 2015 Jun 03, 2015
Indonesia's state logistics agency Bulog is aiming to procure 2.75 million tons of rice this year, about 14% below the initially targeted 3.2 million tons, despite an increase in the government purchase price (Harga pokok penjualan, HPP), according to local sources. Though the government increased the HPP by about 10% to around Rp7,260 per kilogram (around $577 per ton) from the existing Rp6,600 per kilogram (around $524 per ton) to encourage farmers to sell their paddy to Bulog. However, the decision failed to have a positive effect on government rice 7
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procurement. Recently, the State-owned Enterprises Minister slammed the Bulog for its slow and inefficient procurement process during the ongoing harvest. The government is likely to take a decision on rice imports after the Ramzan festive season in July. It initially planned to avoid imports this year. But based on slow procurement figures, it may have to reconsider its decision on imports. The Indonesian government is keen on increasing 2015 paddy rice production by about 4% to around 73.4 million tons (around 48.44 million tons, basis milled) from an estimated 70.61 million tons (around 46.65 million tons, basis milled) in 2014. Indonesia imported 425,000 tons of rice from Thailand and Vietnam in 2014. According to the UN's FAO, average domestic rice prices in Indonesia have been increasing since September 2014 and reached a high of around 10.375 million Rupiah (around $790) per ton in March 2015. The prices reversed slightly in April 2015 due to the ongoing procurement activity by the government. The decline continued in May as well. 8
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Oryza Overnight Recap – Chicago Rough Rice Futures Slip Slightly Overnight, Pulled Lower by Softer Oil and Grain Prices Jun 03, 2015
rice futures for Jul delivery are currently seen trading 0.5 cents per cwt (about $0.11 per ton) lower at $9.770 per cwt (about $215 per ton) ahead of floor trading in Chicago. The other grains are seen trading lower; soybeans are currently seen trading about 0.5% lower, wheat is listed about 0.2% lower and corn is currently noted about 0.2% lower.U.S. stock index futures traded higher on Wednesday, pointing to a positive open as investors looked ahead to U.S. economic reports amid European Central Bank President Mario Draghi's remarks. At a press conference Draghi reaffirmed the continuation of ECB's asset purchase program and said he wants Greece to stay in the euro zone. He would not comment on the Greece debt talks. Earlier in the day, the ECB left the benchmark interest rate unchanged at 0.05%, as expected. Greek Prime Minister Alexis Tsipras will meet senior European officials later in the day in Brussels, where he is expected to hear the terms of a plan drawn up this week by top policymakers including German Chancellor Angela Merkel, Reuters said. Athens faces a 300 million euro payment deadline to the International Monetary Fund this Friday. European stocks traded higher on Wednesday, with the German DAX outperforming with a 1.3% gain, and the Greece ATHEX Composite surging 4.5%. The Dow Jones index futures briefly extended gains to more than 110 points higher. U.S. stocks closed slightly lower on Tuesday, struggling to hold momentum. Asian shares had a mixed session, with only the Hang Seng posting gains. Other economic data out on Wednesday include the non-manufacturing report from the Institute for Supply Management (ISM) at 10:00 a.m. ET and the Federal Reserve's Beige Book at 2:00 p.m. Gold is currently trading about 0.2% lower, crude oil is seen trading about 1.6% lower, and the U.S. dollar is currently trading about 0.3% higher at 8:15am Chicago time.
Pakistan Rice Quotes Mixed Today; Other Asia Rice Quotes Unchanged 9
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Jun 03, 2015
Pakistan rice sellers increased their quotes for 5% broken rice and 25% broken rice by about a $5 per ton and about a $15 per ton to about $390-$400 per ton and $350-$360 per ton, respectively, and lowered their quotes for 100% broken rice by about a $10 per ton to about $295 - $305 per ton today. Asia rice sellers kept their quotes mostly unchanged today.
5% Broken Rice Thailand 5% rice is indicated at around $365 - $375 per ton, about a $15 per ton premium on Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $375 - $385 per ton, about a $15 per ton discount to Pakistan 5% rice shown at around $390 - $400per ton, up about a $5 per ton from yesterday. 25% Broken Rice Thailand 25% rice is shown at around $345 - $355 per ton, about a $20 per ton premium on Vietnam 25% rice shown at around $325- $335 per ton. India 25% rice is indicated at around $350 - $360, on par with Pakistan 25% rice shown at around $350 - $360 per ton, up about a $15 per ton from yesterday. Parboiled Rice Thailand parboiled rice is indicated at around $365 - $375 per ton. India parboiled rice is indicated at around $355 - $365 per ton, about a $55 per ton discount to Pakistan parboiled rice shown at around $410 - $420 per ton. 100% Broken Rice Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $5 per ton premium on Vietnam 100% broken rice shown at around $310 - $320 per ton.
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India's 100% broken rice is shown at around $280 - $290 per ton, about a $15 per ton discount to Pakistan broken sortexed rice shown at around $295 - $305 per ton, down about a $10 per ton from yesterday
Oryza U.S. Rough Rice Recap - Offers Increase with Futures in Anticipation of New Iraqi Tender Jun 03, 2015
The U.S. cash market was slightly firmer again today with offers increasing in tandem with the board while bids remained mostly flat with little demand to justify coming to seller offers.Analysts note that there is more and more confidence in the market the U.S. will get a piece of the next Iraqi Grain Board tender however they have still yet to announce this tender and there are still many who think the chance of U.S. origin being awarded is slim.
Oryza Afternoon Recap - Chicago Rough Rice Futures March Higher; Wheat Rallies in Early Trade but Retraces to Settle Slightly Lower Jun 03, 2015
Chicago rough rice futures for Jul delivery settled 9 cents per cwt (about $2 per ton) higher at $9.865 per cwt (about $217 per ton). The other grains finished the day with mixed results, after trading over 2% higher wheat gave back early gains to close slightly lower; Soybeans closed about 0.6% lower at $9.3525 per bushel; wheat finished about 0.3% lower at $5.1075 per bushel, and corn finished the day unchanged at $3.5900 per bushel.U.S. stocks traded higher on Wednesday as investors looked for signals in economic data that could strengthen the case for tightening and awaited developments in the Greek debt talks. After mixed morning data, investors awaited the 2:00 p.m. release of the Beige Book, the Federal Reserve's latest report on
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the U.S. economy. The Dow Jones industrial average pared gains to trade about 80 points higher. The Dow transports traded more than 1% higher. Earlier, the blue chip index gained more than 150 points and the Nasdaq Composite topped its record close of 5,106.59. Greek Prime Minister Alexis Tsipras agreed in a telephone conversation with German Chancellor Angela Merkel and French President Francois Hollande on the need for an immediate solution involving a lower primary budget surplus target for Greece, a Greek official said in a Reuters report. European stocks closed mostly higher as investors eyed Greece negotiations and unchanged central bank policy. U.S. data continued to show moderate growth in the second quarter.
The ISM non-manufacturing index for May came in at 55.7, nearly a year low. Analysts expected the figure to slip to 57 in May from 57.8 in April. The U.S. Markit PMI Services read for May showed a slight decline from April and came in below expectations at 56.2. The Dow Jones Industrial Average traded up 80 points, or 0.44%, at 18,090. The S&P 500 traded up 4 points, or 0.22%, at 2,114, with telecommunications leading seven sectors higher and utilities the greatest laggard. The Nasdaq traded up 19 points, or 0.38%, at 5,095. Gold is trading about 0.9% lower, crude oil is seen trading about 2.8% lower, and the U.S. dollar is seen trading about 0.4% lower at about 1:00pm Chicago time.Tuesday, there were 707 contracts traded, down from 1,052 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday increased by 45 contracts to 12,232.
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