10th september,2018 daily global regional local rice e-ewlsetter

Aurora Magazine

In search of greener pastures Poised for takeoff or stuck in a rut? What lies ahead Pakistani agriculture.

AYESHA SHAIKH

Fiscal year 2016-17 (the most recent period for which official statistics are available) proved to be fruitful for Pakistan’s agricultural sector. A 3.45% growth was recorded (growth rate in FY2015-16 was a dismal 0.27%) on the back of government-led interventions in the form of the Prime Minister’s Rs 341 billion Kissan Package, as well as relief measures in the Federal Budget. These included direct cash assistance to farmers, improved availability of water through reduced tariffs on electric tube wells, increased credit disbursements to the tune of Rs 700 billion, subsidised fertiliser prices and reductions in customs duties on the import of machinery for the dairy, livestock, poultry and cold chain sectors.

As Pakistan faces the twin challenges of a rapidly growing population contributing to increasing food insecurity (see box Pakistan’s food security status on page 4) and a deteriorating balance of trade, improving agricultural output is no longer optional. The advantage is that Pakistan has (and in abundance) all the natural resources required to address these problems and propel the country to a position of dominance in the global agriculture industry.

Agri and food experts interviewed by Aurora were of the opinion that if agriculture is to realise its potential, the key challenges undermining performance have to be resolved.

It would not be an exaggeration to say that the agricultural sector has been the lifeline of Pakistan’s economy since Partition. According to the Pakistan Economic Survey 2016-17, agriculture contributed 19.5% to Pakistan’s GDP, employed 42% of the labour force and (along with ancillary industries) provided livelihood to 62% of the population and constituted 65% of export earnings. Given the current economic outlook, the last statistic is of particular significance. In FY2016-17, the trade deficit hit an all-time high of $32.6 billion and economic experts are of the view that boosting the volume (and more importantly, the quality and value) of agricultural output will be crucial in stabilising and strengthening the economy.

The question is what needs to be done to accomplish this. Organisations and brands working within the agricultural and related industries in Pakistan are of the view that the answer is in developing and streamlining farm to fork linkages.

A value chain focus The simplest definition of a value chain is a set of inter-connected activities that contribute to value-addition in products and link commodity producers to processors, markets and consumers.

An agricultural value chain includes the dissemination of plant and animal genetic material, input

supplies, production on the farm, provision of technologies for post-harvest processing and handling, grading criteria and facilities, cooling and packing technologies, storage, transportation and distribution systems and finance and credit facilities.

Pakistan’s agricultural value chain (like most developing countries) is characterised by dual value chains for the same commodity that operate in parallel; in other words, informal (traditional) and formal (modern). Small farms (the majority of landholdings in Pakistan), are typically involved in the informal chain that delivers low-quality, low-price products (in limited quantities) either to middlemen or small markets which yield low returns. Formal value chains deliver the same products, but of far superior quality (in bulk) and which are priced higher and sold to commercial wholesalers and exporters.

In the case of rice for instance, the only crop grown with an export focus and which accounts for three percent of the value added in agriculture and 0.6% of GDP, the informal chain comprises small-scale farmers who bring their rice paddies to auction markets known as mandis. Here, the grain is sold to huskers and shellers who remove the husk and the top bran layer and sell the semi-finished rice to processors who clean and grade it according to size and colour. Middlemen, who work on commissions, are involved in the transactions across mandis and as a result, farmers who bring unprocessed rice paddies to market, barely earn enough to support their families and prepare for the next growing season.

Operating in parallel are fully integrated agribusinesses (Matco is the largest player in the rice market), which purchase rice paddy directly from farmers or from the auction markets. The difference between the formal and informal chains is what happens from this point onwards.

“Once paddy is bought, it has to be dried before storage; it has a 22 to 28% moisture content which has to be reduced to 12% before milling. If not dried properly, the rice starts to rot and Aflatoxin (toxins produced by fungi on agricultural crops) levels in the wet paddy increase. This becomes an issue for exporters as there are strict Aflatoxin limitations; in the EU for instance, the level cannot exceed 10 parts per billion,” says Faizan Ali Ghori, Director, Matco Foods Limited (MFL). This is why the Rice Exporters Association of Pakistan (REAP) has been focusing on the installation of modern rice processing machinery as this will enable value-addition across the value chain. The benefits of increased mechanisation have already started to trickle in as rice exports increased by almost 30% to two billion dollars in FY2017-18, reversing a trend of declining rice exports during the last two years.

In addition to technological innovation, two other factors contributed to this trend reversal. First, the increasing level of scrutiny of pesticide residue in the rice value chain due to the health risk this poses has led to international regulations mandating the eradication of the pesticide Tricyclazole from rice cultivation. According to Ghori, “this development put Pakistan at an advantage as the world’s largest rice exporters (India, Vietnam and Cambodia, among others) use the pesticide extensively, while in Pakistan, it has never been used due to the costs involved.”

With Cambodia (the largest rice exporter to the EU) and India (the world’s largest rice producer and exporter) struggling to phase out Tricyclazole from their rice crop, exports of Pakistani sela and basmati varieties increased manifold.

A related development has been a substantial increase in demand for organic rice in the US and EU, which has given Pakistan a competitive edge, because, says Ghori, although there is widespread fertiliser, insecticide and pesticide use along the Basmati Belt (Sadoki, Hafizabad and Sialkot), further away, chemical use declines because farmers are not very affluent. “MFL’s organic rice programme was initiated in Jhang as chemicals had never been used on farmlands there; natural fertilisers (field and farm waste manure) and pesticides were used instead, while post-harvest storage safety was secured by using carbon-dioxide instead of chemical fumigation, making it easier to obtain both EU and US organic certification.”

Interestingly, while rice exports have benefited from strict compliance with international quality control measures, the livestock sector, which accounts for approximately 58% of the valueaddition in agriculture and 11% of the overall GDP, contributes a meagre five percent to exports.

The main reason why this share is so small is because Pakistani meat products are not allowed in the EU (the world’s largest meat market) due to the fact that they do not comply with its strict animal and meat traceability standards.

Ghori and Arifeen point out that Pakistan has a bumper tomato crop almost every year, yet due to the absence of advanced and temperature-controlled storage and processing facilities, ketchup manufacturers in the country import tomato pulp from China.

The plight of the livestock sector in the international arena is mirrored in the domestic market.

The sector is struggling to become competitive, mainly due to low per unit animal productivity,

outdated breeding practices, the inability to control diseases and the absence of a cold chain infrastructure (see page 10) that would preserve meat quality across long-haul distribution chains.

Mansoor Arifeen, CEO, Icepac, says the reason why Pakistani consumers are forced to pay more than Rs 1,200/kg for mutton and over Rs 700/kg for beef is because the required volume of quality meat does not make it to the urban retail markets. Yet, there are plenty of reasons why the livestock sector should receive focused attention, investment and long-term incentives. In addition to the foreign exchange it can drive into the economy, in Pakistan, almost eight million families derive more than 35% of their income from livestock production activities. This is why the Livestock Wing of the Ministry of NFS&R has identified the sector as an important tool for poverty alleviation, rural socio-economic uplift as well as ensuring food security.

From commodities to brands With increasing consumer awareness, there is an emerging segment of the population willing to pay a premium to purchase staples of standardised quality that have undergone processing and filtration and are properly packaged, so that hygiene, nutrition and integrity is maintained until consumption (see Using packaging to create brands on page 14). As a result, in recent years, several agribusinesses have launched branded rice, flour, sugar, salt and masalas.

The launch of Onaaj by Engro Foods towards the end of 2015 was perhaps the first time that an extensively marketed branded staple was introduced nationwide. Ashrafi, on the other hand, is the oldest branded flour available and is believed to control the lion’s share of the branded category, although official figures are not available. However, the brand has never been big on advertising and relies instead on word-of-mouth and an extensive distribution network to maintain a foothold in the market. The flour category, valued at approximately Rs 700 billion, includes whole wheat (chakki flour or atta used in rotis) and maida (white flour used in biscuits, breads and noodles). Of this, the branded flour category accounts for 10% of the market (in the absence of official figures, this is the most widely cited estimation by flour traders). In launching Onaaj, Engro’s vision was to bring to market a whole wheat flour brand of a quality superior to that offered by traditional chakkis with packaging that prevented spillover and retained the quality and hygiene of the flour by protecting it from environmental moisture and contamination by insects, pests, microbes and dust. Although the brand was discontinued in 2016 (no official reason was provided by Engro), the consensus was that the failure was not due to lack of demand. This is mainly why 2017 witnessed the launch of another heavily marketed whole wheat flour brand, Sunridge Chakki Atta. Muhammad Amin, CEO, Sunridge Foods, is of the view that with progressive urbanisation, more people are appreciating the benefits of the higher nutrition of whole wheat flour produced through automated milling machines and in a few years, the conversion from chakki to branded atta will take off in a big way.

Similar developments are taking place in the rice category. The category comprises basmati (Pakistan’s claim to fame, grown in Punjab), irri (cultivated in Sindh), parboiled (colloquially known as sela in Punjab) and brown rice (grown on a limited scale on rocky terrains of Northern Pakistan). Unbranded (khulla chawal) accounts for almost 96% of the total industry output and branded players including Matco’s Falak, Engro Eximp’s Rymah and Guard Basmati, account for the remaining four percent. Ever since rice exports by the private sector were allowed in the

early 1990s, the focus of growers and millers had been on exports because of the higher profit margins. The launch of Jazaa rice by Jazaa Foods in 2016 was a game changer because this was the first time that a rice brand was extensively marketed and distributed within Pakistan. In the two years since, the brand has achieved significant export volumes as well, although according to Ali Jabbar, CEO, Jazaa Foods, “we catered to an untapped local market segment which was looking for extensively refined sela and basmati rice of superior quality but not priced at a premium. Given the focus on product quality and packaging that complies with international food regulations, breaking into the export markets was not difficult.” The size and revenue potential of this value-conscious, urban consumer segment proved to be too large to be ignored by established export-oriented rice brands. Matco has quickly expanded the distribution of their flagship brand Falak in Karachi, Lahore, Islamabad and other major cities and increased their investment in OOH and in-store marketing.

The discussion of branding commodities is incomplete without a mention of the dairy sector, simply because the annual milk production of almost 50 billion litres makes this single livestock product more valuable than all the cash crops combined. It would be logical to assume that a country which is the third largest milk producer is also a major exporter. The reality is quite the opposite. Not only are milk and other dairy products absent from the export basket, Pakistan is a net importer of dairy products. The trade regime, which allows milk and whey powders to be imported at low customs duties and replace fresh milk supplies from famers, is one culprit. A more serious problem is that the dairy sector is underdeveloped in terms of infrastructure, which is why Pakistan has been unable to achieve efficiency and productivity in milk production, processing, storage and transportation. A handful of milk brands which deliver on the promise of hygiene, quality and nutrition, remain too expensive for the general public which is why packaged milk only accounts for five to 10% of total milk consumption. One way the industry is attempting to tackle this issue is by introducing packaged yet affordable milk brands. Engro’s Dairy Omung (priced well below Olper’s) and Haleeb’s Asli are two examples.

Vision 2025 has identified the nexus of food security with water as one of the main pillars – and the objective here is to ensure sufficient, reliable, clean and cost-effective access to water and food. To achieve this, Pakistan needs to build a climate change resilient agricultural sector.

According to Memosh Khawaja, CEO, Haleeb Foods (HFL), “HFL is able to provide packaged milk at substantially lower prices than the market average by focusing on the basics. Asli is not fortified and comes in stripped down packaging; it has been priced at Rs 100, which means that the price is 35% lower compared to the competition and margins are very limited.”

Khawaja is optimistic about the future of the packaged milk industry because one of the goals of the Punjab Government is to convert the province (from where 70% of the milk is sourced) from loose milk to minimum pasteurised milk (processed to the minimum quality standard) within the next five years. This implies that 90 to 95% of the value chain has to be modernised, paving the

way for new milk brands to enter the market and for the existing players to expand their milk portfolio, much as Haleeb has done.

Future outlook The public sector focus on developing the agricultural sector is expected to continue for the next five years, particularly with CPEC providing an unprecedented opportunity for boosting agricultural output and exports (see box above CPEC and the agricultural opportunity).

Economic experts are of the view that increasing the value and profitability of agriculture will depend on two factors. The first is to move beyond merely maximising the production of raw commodities to a value-addition approach (see From ‘farm to fork’ on page 12) with mechanisation and automation replacing manual agricultural processing. This will be lucrative not only from an export angle, it will also create possibilities for import substitution. Ghori and Arifeen point out that Pakistan has a bumper tomato crop almost every year, yet due to the absence of advanced and temperature-controlled storage and processing facilities, ketchup manufacturers in the country import tomato pulp from China. The second is for agribusinesses and agro-based food processing companies in Pakistan to address the issue of traceability in their supply chains from the farming stage to the packaged product, because without this, export markets will remain no-go areas and Pakistan will fall well short of becoming one of the top five economies in the world.

Pakistan's food security status

Despite the progress that Pakistan has made in food production, food security poses a significant threat because population growth has outpaced the increase in agricultural output. According to the Food Security Assessment Survey 2016, approximately 18% of the population is malnourished, a situation further exacerbated by rapid urbanisation, erratic food production, inefficient food distribution systems and the declining purchasing power in marginalised regions and communities.

Nevertheless, there are grounds for optimism because of the Rs 29,292 million allocated in the Federal Budget 2016-17 for the development of agriculture and related food industries, the Ministry of National Food Security & Research received a dedicated sum of Rs 1,520 million to improve the core issues of affordability, availability and quality and safety of food delivered to people.

Furthermore, Vision 2025 has identified the nexus of food security with water as one of the main pillars – and the objective here is to ensure sufficient, reliable, clean and cost-effective access to water and food. To achieve this, Pakistan needs to build a climate change resilient agricultural sector. Pakistan’s main water source is the Indus canal irrigation system, yet due to ongoing operational and maintenance issues, there are extensive water losses in transit which adversely affect landholdings at the tail end of the distribution channels. This, combined with the inefficient water usage on farmlands, leads to low yields, which in turn reduce farm income, creating a vicious cycle. The recurrence of droughts in certain areas and floods in others in recent years, has further increased the number of food insecure people. As Faizan Ali Ghori, Director, Matco Foods Limited, points out “the risk is not of water scarcity, but the lack of efficient water management across agricultural value chains.”

He is of the view that these challenges can be managed by adopting soil and water conservation technologies, installation of high-efficiency irrigation systems and developing drought-resistant crop varieties. — AS

CPEC and the agricultural opportunity

According to CPEC’s Long-Term Plan (LTP) prepared by the National Reform Commission (NDRC), the People’s Republic of China and China Development Bank, of the many economic areas that stand to benefit from CPEC, it is Pakistan’s agricultural sector which will gain the most immediate boost through improved supply chain linkages between both countries. A host of Chinese enterprises are in the process of setting up

self-operated farms, processing facilities for fruit, vegetables, grain and other perishables, while logistics companies are starting a large storage and transportation system for agrarian produce. From the Chinese standpoint, the main driving force is to increase Kashgar province’s output in agriculture, forestry, animal husbandry and fisheries through infrastructural developments along the CPEC route. For Pakistan, which shares a border with China, the potential of exports is exponential. Currently, China is the world’s largest importer of agricultural produce to feed a population of 1.3 billion people. Bloomberg estimates that in the next 10 years, domestic consumption is likely to increase by a further $500 billion, prompting countries such as Brazil, the USA and Russia to develop long-term plans to cater to the Chinese market.

Pakistan should therefore focus on increasing vegetable exports to China, as currently, more than 50% of the vegetables are sourced from Brazil and the US. It is a well-known fact that in trade, long distances translate into additional costs, added to which, when it comes to the shipment of perishables, additional risks of spoilage and contamination have to be taken into account. Furthermore, the added expense of preservation also has to be incurred so that once food products reach retail outlets, adequate shelf life must remain for the products to be sold. This is where Pakistan has a natural competitive advantage since the transportation distances, and consequently the costs, are substantially lower compared to China’s other trading partners.

It is therefore imperative that the uncertainties with regards to Pakistan’s agricultural sector priorities vis-à-vis CPEC are resolved and a clear strategy is devised focusing on negotiating better tariffs for its agricultural exports, rationalising food and safety inspection requirements and standards and forging partnerships with Chinese enterprises to explore viable market opportunities. — AS For feedback, email aurora@dawn.com

Pressing reset on agricultural productivity

APPOINTMENTS FINALIZED TO WILD RICE TASK FORCE 

Mesabi Daily News



Sep 8, 2018

Governor Mark Dayton came out of the Governor's Cabinet Room to speak with the media after meeting with Republican leaders in St. Paul, Minn., Friday, May 18, 2018. With time winding down in the legislative session, Dayton and Republican leaders were searching Friday for a compromise on a tax bill that averts a complex 2019 tax filing season and Dayton's push for additional school funding. The Legislature has until midnight Sunday to pass bills.

Glen Stubbe/Star Tribune via AP

Thirteen people were named to Minnesota Gov. Mark Dayton’s Task Force on Wild Rice, created in the wake of a twice-vetoed effort to overhaul the state’s wild rice standards.

The 2018 Legislature proposed two bills in the session, one targeting the sulfate standard and another that sought a working group to guide the Minnesota Pollution Control Agency on the issue. Both were vetoed by the governor, who said lawmakers did not strike an appropriate balance of environmental and cultural concerns with economic development and job creation.

Customs Seizes 320kg of Cannabis, 555 Bags of Rice in Sokoto

September 9, 2018 4:49 am

Mohammed Aminu in Sokoto The Nigeria Customs Service (NCS), Sokoto Command, has impounded 320 kilogrammes of Indian hemp from illicit drug traders, lamenting the rising activities of the smugglers in the Sokoto axis.

The command, which comprises Sokoto, Kebbi and Zamfara States, also seized 555 bags of rice, 34 bags of sugar and 45 bales of second hand clothing with a duty paid value of over N16 million.

The Area Comptroller of the Command, Mr. Gimba Umar disclosed this at a news conference at yesterday, noting that the illicit goods were intercepted along Argungu/Kangiwa axis, border towns of Kamba, Dole Kaina,Illela as well as Sokoto/Gusau axis.

He explained that the command was able to intercept the illicit goods, following intelligence by officers and cooperation of the police.

Umar noted that one of the smugglers attempted to use misguided youths in order to evade customs officers along Kamba border town in Kebbi state.

He said: “As you are, the culprit made attempt to escape when he sighted our officers on the way.

In fact, he made a detour 200 metres away from the check point and tried to mobilise youths in Bagudo

area

to

fight

our

officers.

“However, the police intervened immediately and assisted our men in recovering the 320 kg f cannabis, though no injury was recorded,” the area commander said.

He acknowledged the synergy between the command and other security agencies in the area culminated in the seizure of the illicit goods.

“The synergy with other sister agencies has been very vital in not only providing us with intelligence but also in the seizure of rice and Indian hemp in the zone.”

Umar warned smugglers to steer clear of the zone, noting that the command would deal decisively with anyone found engaged in such acts.

The new comptroller emphasised that he would give priority to revenue generation, antismuggling and enlightenment of the public on the fiscal policies of the Federal Government.

Umar reiterated his commitment to sustaining the fight against smuggling and illicit trade deal in along the Sokoto-Kebbi-Zamfara axis.

He, therefore, urged the residents of border communities to continue to provide the command with useful information in order to combat smuggling in the zone.

The customs boss also handed over the 320 kg of Indian hemp to the officials of the National Drug and Law Enforcement Agency (NDLEA) for necessary action

https://www.thisdaylive.com/index.php/2018/09/09/customs-seizes-320kg-of-cannabis-555-bags-ofrice-in-sokoto/

Customs Impounds 320kg of Cannabis, 555 Bags of Rice in Sokoto September 8, 2018 12:59 pm

By Mohammed Aminu in Sokoto The

Nigeria

Zamfara

Customs

States,

over N16 million.

has

Service

(NCS)

impounded

illicit

Sokoto goods

Command, with

a

comprising duty

paid

Kebbi value

and of

The seized items included 320 kilogrammes of Indian hemp, 555 bags of rice, 34 bags of sugar and 45 bales of second hand clothing.

Addressing

journalists

in

Sokoto

Saturday,

the

Customs

Area

Controller of the Command, Gimba Baba Umar, said the illicit goods were intercepted along Argungu/Kangiwa axis, border towns of Kamba, Dole Kaina, Illela as well as Sokoto/Gusau axis.

He

said

the

command

was

able

to

intercept

the

illicit

goods,

following

use

misguided

intelligence by officers and cooperation of the police.

Umar

explained

youths

in

order

that

one

to

evade

of

the

smugglers

Customs

officers

attempted along

to

Kamba

border

town

in

Kebbi State.

“As you are aware, the culprit made an attempt to escape when he sighted our officers on the way. In fact, he made a detour 200 metres away from the checkpoint and tried to mobilise youths in Bagudo area to fight our officers.

“However,

the

recovering

the

police 320

kg

intervened of

immediately

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though

and no

assisted injury

was

our

men

in

recorded,”

he

said.

He

acknowledged

the

synergy

between

the

command

and

other

security

agencies in the area which led to the seizure of the illicit goods.

“The synergy with other sister agencies has been very vital in not only providing us with intelligence but also in the seizure of rice and Indian hemp in the zone,” he said.

Umar warned smugglers to steer clear of the zone, as the command would deal decisively with anyone found engaged in such acts.

The new controller emphasised that he would give priority to revenue generation, anti-smuggling and enlightenment of the public on the fiscal policies of the federal government.

Umar,

to

this

end,

reiterated

his

commitment

border

communities

to

the

fight

against

to

provide

smuggling in the zone.

He

appealed

to

residents

of

to

continue

the command with useful information in order to combat smuggling in the zone.

The Customs boss also handed over the 320kg of Indian hemp to the officials of the National Agency for Food and Drug Administration and Control (NAFDAC) for necessary action

https://www.thisdaylive.com/index.php/2018/ 09/08/customs-impounds-320kg-of-cannabis-555bags-of-rice-in-sokoto/ CTA upholds Customs rice import forfeiture action September 9, 2018 | 7:18 pm

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BW FILE PHOTO

THE COURT of Tax Appeals has dismissed the petition for review filed by Universal Pacific Food Corp. after the Bureau of Customs moved to forfeit the company’s excess rice imports.

In a decision issued Aug. 31 by the third division of the tax appeals court, it said UPFC filed the petition with the Court beyond the 30-day period to appeal, making the contested Customs decision final and executory.

The UPFC filed its petition for review on Sept. 24, 2015, questioning the Aug. 12 decision of the BoC affirming the forfeiture order of the District Collector, Manila International Container Port against its excess rice imports, which it claimed to have received on Aug. 25.

However, in another part of its petition, UPFC said it received the BoC decision on Aug. 19. The CTA found no records to support the Aug. 25 claim.

“For petitioner’s failure to perfect an appeal within the reglementary period of thirty (30) days from receipt of the adverse decision, it has lost its right to appeal. There is

nothing more to appeal as the decision sought to be appealed had already attained finality,� the CTA said.

UPCF had sought to reverse the decision by the BoC dated Aug. 12, 2015 and the order of the District Collector, MICP in seizing of its white rice shipment, which was auctioned off for P2,693,000.

The BoC only released 24 containers of imports from Thailand consigned to UPCF as there was an excess of 104,000 kilograms or 2,080 bags of white rice from the 616,000 kilograms or 14,500 bags listed in the import permit.

The District Collector of Customs, MICP had issued the Warrant of Seizure and Detention for containers with the excess rice imports for violating the Section 2530(F) Tariff and Customs Code. — Vann Marlo M. Villegas http://www.bworldonline.com/cta-upholds-customs-rice-import-forfeiture-action/

Retail prices of rice in August spike to new all-time highs

By Jasper Y. Arcalas September 10, 2018

In Photo: A man waits for a customer inside the Dagonoy Public Market in San Andres, Manila. Data from the Philippine Statistics Authority showed average retail prices for all varieties of rice posted double-digit increases in August to mark new alltime highs. The supply constraints for the staple have been blamed for the record spikes, which, in turn, were tagged key factors in the 6.4 percent inflation in August, the fastest in over nine years.

THE average retail prices of rice in end-August rose by double digits to new all-time highs as the slim market presence of the National Food Authority (NFA) proved unable to check the spike in retail prices of the staple.

The average retail prices of well-milled and regular-milled rice in the fourth week of August grew by 11.30 percent and 15.24 percent year-on-year, respectively, according to the Philippine Statistics Authority (PSA). “The average retail price of well-milled rice at P47.12 per kilogram [kg] posted a higher rate of increase from previous week’s level by 2.30 percent,� it said in its recent price-monitoring report.

“Similarly, the average retail price of regular-milled rice at P43.86 per kg went up by 3.01 percent, from previous week’s level of P42.85 per kg,” it added.

Based on PSA data compiled by the BusinessMirror, this is the first time that the average retail price of well-milled rice broke the P47-per-kg price level.

The P43.86-per-kg average retail quotation of regular-milled rice is also the highest in the country’s history, according to PSA data.

At the wholesale trade, well-milled rice was sold at an average of P44.49 per kg, 13.21 percent higher than the P39.30-per-kg level it posted a year ago. The figure was also 2.21 percent over the previous week’s average wholesale price of P43.81 per kg.

This is the first time that the wholesale price of well-milled rice reached the P44-perkg price level.

“At the wholesale trade, the average price of regular-milled rice at P41.49 per kg during the week recorded a faster rate of increase of 3.23 percent from the level a week ago,” the PSA said.

“On an annual basis, it accelerated by 16.32 percent during the week,” the PSA added.

Rice is usually more expensive during the lean months of July to September, when harvest declines significantly. The arrival of rice imported by the NFA was expected to ease the increase in rice prices.

However, bad weather delayed the delivery of rice imports to NFA’s warehouses and prevented the agency from immediately distributing rice to local markets.

In fact, the NFA is importing an additional 250,000 metric tons (MT) of rice via open tender to beef up its stockpile and arrest the spiking retail prices of the staple in the market.

The additional volume is expected to arrive in the country in November, when almost all of the country’s rice-producing provinces are harvesting.

“The additional importation can increase NFA’s active participation in the market by as much as 20 percent,” the NFA said.

From January to August 23, the NFA said it has distributed a total of 4,443,082 bags of rice through its accredited retailers, outlets and other recipients.

Currently, the NFA distributes rice through its 15,892 accredited retailers and outlets inside and outside markets, such as Institutionalized Bigasan sa Palengke, Biogasan Bayan, Barangay Bagsakan/Barangay Food Terminal, Bigasan sa Parokya, rolling stores and the Tagpuan Rice Response Delivery in remote barangays. https://businessmirror.com.ph/retail-prices-of-rice-in-august-spike-to-new-all-time-highs/

LuvKoAgriPH | Agricultural groups air solutions to high prices of food Marya Salamat September 10, 2018 0 Comment #LuvKoAgriPh, rice crisis LuvKoAgriPH | Agricultural groups air solutions to high prices of food

In support of local agri, stakeholders explain why the government’s drive to increase imports will only increase prices and food insecurity (Photo by M. Salamat / Bulatlat) If the government is looking for someone to blame for the inflation and increasing prices of basic commodities as rice and fish, it is its own neglect to subsidize agricultural producers when other countries have been actively doing so, and its tax and investment policies that hit the agricultural producers and consumers hard.

By MARYA SALAMAT Bulatlat.com MANILA – Growers and traders of rice, onion, poultry and fish, farmers and fisherfolk, gathered in an unprecedented show of unity to defend the country’s local agriculture and food sovereignty from the government’s policies itself.

“It’s only now in our history that our agriculture is openly being assaulted like this,” the unity statement of the agricultural stakeholders said.

In a press conference in Quezon City, they detailed the government’s ineptness, at best, and at worst, what the head of livestock growers described as the government officials’ obstinate obedience to the neoliberal doctrine of liberalization and deregulation. Which evidently doesn’t work, they said. For proof, they pointed to the increasing price of rice as the country resorts to more and more importation.

Based on their statements, the Philippines’ rice problems of late is a mess brought about by the government policies itself, as the government tightens its embrace of neoliberal policies of liberalization and deregulation. If there were supposed less rice and fish in the market today, that’s a direct result of the government’s cumulative abandonment of its task to regulate rice supply and price. If the government is looking for someone to blame for the inflation and increasing prices of basic commodities as rice and fish, it is its own neglect to subsidize agricultural producers when

other countries have been actively doing so, and its tax and investment policies that hit the agricultural producers and consumers hard.

The various agricultural stakeholders said the resulting mess could only get worse if the government continues to refuse to own up to its blundering policies and heap more problem-causing policies on top of another. Allowing greater importation of agricultural products is one example of piling another problem, even if it markets it as a supposed solution to the government’s self-created problem.

As the Duterte administration accelerates what amounts to a drive to flood the Philippine market with imported agricultural products, farmers and fisherfolk warned that this will further bring down the country’s agriculture to the detriment not only of current producers but of consumers and food security as well.

Solutions if Ph government has political will to serve the people The combined proffered solutions of the farmers, fisherfolk and agricultural stakeholders are: 1. Avoid increasing agricultural imports, support local agriculture and fishery instead The Philippines has and could continue to have more than enough rice and agricultural products. The problem is the government’s policies that have been sabotaging the development of the country’s agricultural stakeholders, farmers and fisherfolk. “There is rice. But there is little to no NFA rice.” Or, as various agricultural players said, some NFA rice may be there, but not the NFA price.

The National Food Authority (NFA) has not done its job in rice procurement in 2017 and 2018. It has been buying less and less rice from local farmers in the past, leaving the farmgate rice prices at the control of local traders. But in recent years it bought even less than it used to. It spent the budget for rice procurement on debt servicing instead, a technical malversation that various groups want them to charge with.

The NFA reportedly used its P5.1 billion and P6.1 billion budget allotted for rice procurement in 2017 and 2018 to repay loans and interests. If the NFA had followed the law and spent the budget on where it’s allotted to, if it bought palay (unhusked rice) at, say, P20 per kilo farm gate prices, it could have purchased up to 337 MT, which is good for at least 11 days buffer stock (now the NFA has just a day at most in buffer stock), said Rafael Mariano, former Anakpawis Partylist Rep. and Agriculture Secretary. The government could also spread out that buffer stock to 30 days depending on when the market needs an infusion of NFA rice to influence rice prices, he added.

Unfortunately for the country’s consumers and not just producers of rice, the harm caused by NFA’s dereliction of duty extends not just to the current rice supply and prices but also to future supply and prices.

Based on experience where the NFA has no presence, Mariano said the rice farmgate prices are even lower than P17.

Leave the farmers more and more to the mercy of private rice traders, when they have had no support from the government and they have also been bearing the brunt of increased prices of input and operation due to deregulation and privatization, and what you’d end up with is further neglect of agriculture. If the others who continued planting were to suffer further losses due to stiff competition with imported products that are subsidized by its source countries, the local agriculture takes another knock-out assault.

“Here we see how much of a mistake the government policies are,” said Mariano.

What happened with rice – the steady climb in its prices as the government imported more and more rice — is now about to happen with fish, warned the Pamalakaya. This, when the Philippines has abundant fish in its waters and the fisherfolk can be helped to further improve fishery, said Fernando Hicap of Pamalakaya.

“The government through the NFA must prioritize local palay procurement over importation to stabilize rice prices and avoid the continuing rice crisis because of limited NFA rice supply,” said Cathy Estavillo, spokesperson of Bantay Bigas and AMIHAN Peasant Women.

2. Make NFA do its job in assuring the country’s affordable, safe rice supply

It is bad enough that the government is increasingly resorting to importation at the expense of local producers, it has also lately begun letting the private sector do the importation. According to Anong Manalo of the Confederation of Importers Association, the private sector, unlike the government sector, exists and operates for profit and not service.

But having said that, it seems even at importing rice the NFA has been making wrong decisions at the expense of the consumers and local producers. As early as January this year, the NFA declared that its stocks were down to just 2 to 3 days’ worth of local consumption. Yet, considering it has not been buying more local palay and its knee-jerk reaction is to up its rice imports, it did not import rice during harvest time in other countries such as Vietnam and Thailand in March. Manalo said rice at that time was priced lower, and transporting it during summer lessens the risk of it getting wet, and thus avoiding the current problem of bukbok (weevil infestation).

On top of charges filed against NFA for technical malversation of the budget for rice procurement, other possible charges hover over them once the government accepts the rice infected with bukbok in Subic. Joji Co of Philippine Congrains said the import contract states that those rice only become government responsibility once it’s in the NFA warehouse. If it got infested and damaged on transport, the said rice remains the responsibility of the seller.

Other agricultural stakeholders also warned that if the government accepted the weevil-infested rice, it will set a dangerous precedent. It gives a go signal to every rice-exporting country to haul their stale inventories since the Philippine government will pay for it, anyway.

3. Impose price controls on agricultural products Estimates of both the grains traders and farmers’ groups arrive at P34 to P36 per kilo retail price of rice. They said the locally produced and imported rice can be set or controlled at this price and profits would still be earned. They arrived at the same suggested amount for price control even though the farmers’ groups computed from the prevailing farmgate prices and the traders computed from the import prices and attendant costs such as transportation, taxes (including tariff), bribes and other costs.

“Moderate the greed,” Joji Co of Phil Congrains said, a call to the rice traders and if they have coddlers in government. “Only private traders and importers benefit from importation while leaving our farmers and the entire local rice industry at the losing end,” said Bantay Bigas’ Cathy Estavillo .

4. Punish government officials bungling at their job There are a lot of reasons by now for the government to assess its actions and the difficulties these have been imposing on the majority of Filipinos. More than forcing the local consumers to buy higher priced goods that are of questionable quality (bukbok-infested rice, formalin-laced fish), the Duterte government and officials involved in particular in bringing down the country’s agriculture and fishery should be made accountable, various rural groups said.

Leading the list of government officials are those in the NFA, BFAR and the Department of Agriculture. The NFA for not doing its job in palay procurement and stabilizing prices at affordable levels, for supporting more rice importation, and so does the BFAR (Bureau of Fish and Aquatic Resources).

Photo by M. Salamat/Bulatlat The Kilusang Magbubukid ng Pilipinas, Amihan and Samahang Industriya ng Agrikultura (SINAG) disputed the government claim that the NFA can’t buy palay (unhusked rice) at prices lower than P20 or P17. Pamalakaya also expressed alarm at the alacrity in which the government decided to import fish when it has yet to prove there is a shortage necessitating imports.

An organization of onion growers from Nueva Ecija also questioned the government’s decision last August to import red onions. The group had coordinated with the Bureau of Plant Industry and reported their supplies are enough for four months at least, but they were shocked to hear a decision to import was made without consulting them.

5. Revoke or suspend government policies that contribute to price hikes At the press conference of various stakeholders in agriculture, they affirmed that to create and transport agricultural products they spend on oil and fuel. From using tractors to threshers to vehicles for distribution, agricultural production suffers the increasing costs of oil products. As such, any government policy such as the TRAIN (Tax

Reform for Acceleration and Inclusion) that increases the prices of oil makes life harder for producers. “Why is the government blaming the farmers for the high prices of agricultural products when they don’t even look at the oil companies?” asked Rosendo So, chairperson of SINAG. He also blamed the high cost of electricity in the country.

If the government is really sincere in bringing improvements to people’s lives, it should not pass the blame on people or groups who are not in power and making the decisions, such as the decision they made for the neoliberal doctrine of deregulation and liberalization, said lawyer Jose Elias Inciong.

“This doctrine has been proven as deleterious to our productive sectors,” Inciong said.

Love your own, the farmers urged the public. It is not only practical and less costly, it’s also what the country needs to ensure food security.

On the day the disparate agricultural stakeholders gathered for the defense of Philippine agricultural products, they also combined to launch the online campaign for #LuvKoAgriPh. “Filipino farmers and agri-producers have the capacity to feed the entire nation even without importation,” Mariano said in a statement. To realize this, he said, we need to provide land for our farmers and secure existing agricultural lands devoted to food production. Farmers could do with support services, production subsidies and rural infrastructure to bridge farm to markets. “The government needs to do away with its import-oriented, exportdependent economic mindset and strengthen the local agriculture for it to become a strong foundation of developed economy.” #

https://bulatlat.com/main/2018/09/10/luvkoagriph-agricultural-groups-air-solutions-highprices-food/

Nigeria: Tough Time Awaits Nigerians, As Price of Rice Soars Photo: P.Tumwebaze

By Gbenga Akinfenwa

Nigerians would need to brace up for another round of hardship, with the soaring price of rice, considered as a staple food for households in the country.Based on feelers from industry analysts, The Guardian reliably gathered that the price might escalate in few weeks to come and may last till December or beyond if urgent provisions are not made to address the challenges.

Currently, a 50kg of parboiled rice initially sold between N12, 000 and N12, 500 has risen to between N13, 000 and N14, 500, depending on the area, in the last two weeks.

This has not only resulted in panic buying and hoarding, it has also added to stress of already distraught Nigerians, as the price is gradually taking the commodity beyond their reach.

Attesting to this development was the release of several bags of the Lake Rice, penultimate week by the Lagos State government to designated retail outlets; high end markets, super markets, open markets and stores in large quantities across the state, to cushion the effect of the price hike.

According to the state Commissioner for Agriculture, Mr. Oluwatoyin Suarau, through a statement: "The attention of the state government has been drawn to the skyrocketing price of other rice brands in the market and as such it behooves government to ensure all year round availability of Lake rice to residents at affordable prices."

Shaming the much-hyped success of the Federal Government in achieving a 90 per cent reduction in the importation of rice, The Guardian learnt that importation of rice has not been reduced by 90 per cent because 80 per cent of food consumed locally is still imported, as smugglers have become warlords under the direct nose of government officials.

Based on the Federal Government's claim, the current yield per hectare of rice has increased from 2.5million tons in 2005; 3.5 tons in 2010 to 5.5 tons in 2018.

Contrary to government's claims, the country's import bills keep increasing by the day, thereby reducing the foreign reserves.

The country is ranked the largest producer of rice in West Africa, at the same time she is ranked second largest importer of rice in the world as at 2017, incurring an average import bill of N1b daily on rice import.

According to the import data from a global trade portal, Index Mundi, the country imported 5.6 million tonnes of rice between 2017 and now, at the global price of $410, which amounts to $2.29m.

This is contrary to claims by the Bank of Agriculture (BOA) that Nigeria had saved $800 million from importation of rice.

Experts in the rice industry have attributed this to several factors: low productivity, which triggers scarcity in the market; ban on rice importation; unavailability of local rice as alternatives; and scarcity of paddy rice.

The Managing Director/CEO of Bama Farms, Prince Wale Oyekoya, told The Guardian that he is not surprised by the sudden sharp price rise, said the development was expected because of government's insincerity about the state of the country's economy.

"Our economy is struggling with low production of food, especially the carbonate section of Agric produce that the government is heavily promoting, such as rice and cassava.

The production is so low and it triggers scarcity in the market, and price increase. Banning of rice importation is another factor that shoots up the price because smugglers are having a field day with Nigeria Custom Service.

"The economics of scale is effective here where the product is very scarce and demand is high thereby forcing the price to go up.

The price will continue to increase, especially with Christmas approaching. We will continue to have price increase on staple foods until the central government can have people-oriented policy and not selfish policies that increase the amount of their bank accounts."

Chairman, Rice Farmers Association of Nigeria (RIFAN), Kebbi State Chapter, Muhammed Augie, who told The Guardian that scarcity of paddy rice has hit the market, said inability of rice processors to get paddy, is the major cause of the price increase.

"This is a lean period where supply from the market is declining, due to the fact that harvest season is still far away, prompting current price hike."

The local rice that should have served, as alternatives are currently not much in circulation as expected, and the few ones in the market are expensive, more than the imported rice.

For instance, a 50kg bag of local rice in Kebbi State was N15, 000, compared to the imported type that was around N12, 500.

For those buying retail, a measure that was N300 is currently N350.

In the Southwest, a measure of Ofada rice, which contains about 12 Dericas, is currently N4, 000, as against N3, 100 price of the imported type.

The same goes for local rice from Asaba, Ebonyi and the likes, originally to crash the market.

Adekoya, who was Chairman, Lagos Chamber of Commerce and Industry (LCCI)'s agriculture sector, berated government for lack of capacity.

"Production will improve if the government introduces policy that will favour the masses and not the elites or cabals.

The government has no business doing agriculture business, but instead it should provide enabling and conducive environment for farmers to do business.

"Our government is the problem of our economic woes where they want to be in charge of everything and in the process get confused and misappropriate our funds.

Importation has not been reduced by 90 per cent because 80 per cent of food we consume in the country are still been imported, where smugglers have become warlords under the direct nose of government officials.

"The only solution to avert more food crises is for the three tiers of government to do more in rolling out conducive environment for farmers to strive and survive thereby increasing production of our

farm produces and provide adequate storage facilities, provide very low interest rate soft loans with adequate moratorium to pay and to use farmers asset debentures, instead of draconian demand of collateral from farmers to access loans," he said.

https://allafrica.com/stories/201809100018.html

Lambino: Lower prices of key food products seen in following months

By Jerome Carlo R. PaunanPublished On September 10, 2018

CIT Y, Sept. 10 (PIA) –- An official of the Department of Finance (DOF) on Monday said government sees prices of basic commodities going down in the following months after it started implementing “immediate actions” addressing supply constraints to curb food inflation.

“The economic development cluster of the Duterte administration expects moderate inflation in the months ahead following the implementation of measures to tame the rise in commodity prices,” DOF Assistant Secretary Tony Lambino said during the launch of “The Presser”, a show developed by the Presidential Communications Operations Office (PCOO), hosted by Communications Secretary Martin Andanar, and held at the Philippine Information Agency.

Lambino said part of these measures include streamlining import procedures for rice, fish, and sugar in order to boost their supply in the domestic market.

To lower the prices of fish, he said the Department of Agriculture (DA) has committed to allowing more imports to come in. The DA earlier claimed that the importation of 17,000 metric tons of “galunggong” (round scad) would lower the price of fish to P75 to P80 per kilo.

“For rice, 4.6 million sacks of rice that are available to National Food Authority (NFA) warehouses are for immediate release to the market across the country, and we expect 7 million sacks of rice to arrive over the next six to eight weeks, some of it previously contracted, some of it newly approved,” he said.

“The NFA council also will approve the evaluation of 5 to 10 [million] sacks for next year as standby stock,” he added, saying the harvest of the staple food had already started in some parts of the country with a projected harvest of 252 million sacks.

“Pagdating sa bigas, we are looking at multiple sources of addressing the supply shortage,” he said.

Lambino said the economic development cluster, which includes the DA, is in the process of recommending to President Duterte the issuance of a directive to simplify licensing procedures for rice imports of NFA. He said the cluster is recommending to the President to urge the Legislative branch to immediately pass by this month, the rice tarrification bill, a measure, which imposes tariffs on rice imports in place of quotas.

“Sa pagkain po pinaka nararamdaman ang pagtaas ng presyo. In fact if we look at the regional inflation numbers, dito po sa Region 3 at sa CAR, mga agriculturally productive regions, dyan po ang pinakamababa na inflation rates. In fact, for Region 3 it has been below the upper half of the target, and for CAR, malapit lang po ng above the target, unlike the national average of 6.4 (percent). The lowest regional inflation rate is recorded by the PSA in food abundant and agriculturally productive regions of Central Luzon and CAR, among others,” Lambino added.

(PIA-NCR) https://pia.gov.ph/news/articles/1012497

Feature: A happy birthday to China's "father of hybrid rice" Source: Xinhua| 2018-09-09 20:39:48|Editor: Li Xia

CHANGSHA, Sept. 9 (Xinhua) -- Yuan Longping, China's "father of hybrid rice," celebrated his 88th birthday on Friday by participating in the first International Development Forum of Rice Production.

At 8 a.m. Friday, without the assistance of others, Yuan walked on stage by himself and addressed the forum, which was held in central China's Hunan Province, in front of rice experts from all over the world.

After a 10-minute break, he attended a discussion on development trends of rice in the world, with famous agricultural experts including academicians Luo Xiwen and Xie Hua'an, Japan's Hiroshi Ikehashi, and Ish Kumar from India.

Though still recovering from an illness, his face lit up when he spoke of an achievement he had made a few days earlier -- Yuan set a new world record in super hybrid rice output in Yunnan Province -- 17 tonnes per hectare.

About two-thirds of Chinese depend on rice as a staple food. Yuan, who developed the world's first hybrid rice in 1974, has set multiple world records in hybrid rice yield in previous years.

Following the discussion, Yuan led the experts to a hybrid rice test field about 20 km away. In the field, he shared his experience with them as well as officials from the United Nations World Food Programme.

In addition to China, Yuan's hybrid rice is being introduced to relieve grain problems in other parts of the world. The average yield of the hybrid rice planted in Kenya is four to five times greater than conventional varieties.

In October, 21 students from a dozen countries studying in Hunan Hybrid Rice Research Center received a graduation certificate from Yuan. Over the past few decades, Chinese research institutes and seed enterprises have not only trained tens of thousands of students from developing countries in Asia, Africa, and Latin America, but also sent experts to offer field guidance in those countries.

Raheem, a young man from Nigeria, is one of Yuan's students.

"Nigeria is also developing hybrid rice. But our technology is not mature enough. Mr. Yuan is very famous in Africa. We'd all love to take a picture with him," he said.

At 2 p.m., Yuan stepped onto the stage again and delivered a 20-minute keynote speech in English. He said hybrid rice should be further developed to make contributions to food safety in the world.

When asked what his birthday wish was after the speech, he said: 18 tonnes per hectare.

http://www.xinhuanet.com/english/2018-09/09/c_137456488.htm

Verdeflor urges food establishments to offer brown rice MERLINDA A. PEDROSA September 10, 2018

BACOLOD City Councilor Sonya Verdeflor urged the food establishments in the city to offer brown rice as part of their regular menu.Verdeflor said the Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice) is spearheading a campaign called “Be RICEponsible” to promote better health, improve the income of farmers, and at the same time help in the achievement of rice self-sufficiency through the promotion of brown rice.

She said the brown or unpolished rice, being the whole grain form of rice, is nutritionally superior than white rice in terms of protein, dietary fiber, B1, B2, and B9 vitamins and Vitamin E, minerals and antioxidants.

“Cognizant and supportive to the rice self-sufficiency program of the national government, the City of Bacolod is very sincere in its effort to explore viable means that would facilitate the attainment of the said program,” she added.

Verdeflor noted the government is eager of improving the nutritional value of rice as a staple food.

Verdeflor said brown rice or unpolished rice has 10 percent higher milling recovery than white rice and therefore could help in the attainment of rice self-sufficiency.

She said brown rice could help the Filipino farmers improve their income.

She added that according to some researches, brown rice or unpolished rice could help reduce the incidence of type 2 diabetes, cardiovascular diseases, and could lower blood pressure.

Verdeflor disclosed that all government offices should also serve brown rice in their cafeterias and to demand the use of brown rice in all government activities that include meals such as workshops, meetings, and conferences, and during feeding programs and rice distribution.

https://www.sunstar.com.ph/article/1763532

SHORT-GRAIN RICE SEED MARKET RESEARCH 2018: REGION WISE ANALYSIS OF TOP PLAYERS IN MARKET BY ITS TYPES AND APPLICATION SEPTEMBER 10, 2018JAMES JOHNSON

The Short-Grain Rice Seed Market Report is a detailed Analysis on the present situation of the Short-Grain Rice Seed industry by focusing on the global market. The Short-Grain Rice Seed Market report offers key statistics information on the market situation of the Short-Grain Rice Seed manufacturers and is a beneficial source of advice and guidance for Short-Grain Rice Seed companies and person involved in the industry.

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https://www.rbtereport.com/2018/09/10/short-grain-rice-seed-market-research-2018region-wise-analysis-of-top-players-in-market-by-its-types-and-application/

RICE STARCH MARKET 2022 GROWTH, LEADING TRENDS, CHALLENGES, DRIVERS, RESTRAINTS AND INVESTMENT OPPORTUNITIES September 9, 2018 Phillip Campbell Business Comments Offon Rice Starch Market 2022 Growth, Leading Trends, Challenges, Drivers, Restraints and Investment Opportunities

Global Rice Starch Market latest research report provides in-depth analysis of definitions, classifications, applications and Rice Starch industry chain structure forecast until 2022.

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Food Grade Pharmaceutical Grade Cosmetic Grade Market Analysis by Applications: Each application is studied as Sales and Market Share (%), Revenue (Million USD), Price, Gross Margin and more similar information.

Baked Goods & Bakery Fillings Confectionery Coatings & Liquorice Dairy Desserts & Yoghurt Dairy Fruit Preparations Body Powder Dry Shampoo Other Rice Starch Market Segment by Regions mainly contain North America, Europe and Asia-Pacific, South America, Middle East and Africa with Leading Manufacturers BENEO, Ingredion, Bangkok starch, Thai Flour, AGRANA, WFM Wholesome Foods, Golden Agriculture, Anhui Lianhe, Anhui Le Huan Tian Biotechnology and many more.

A complete analysis of the competitive landscape of the Rice Starch is provided in the Rice Starch market report. This section includes company profiles of Rice Starch market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost are covered. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In Rice Starch market report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Rice Starch market players.

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BROWN RICE MARKET REPORT 2018: GEOGRAPHICAL ANALYSIS OF TECHNOLOGY DEVELOPMENT TRENDS BY 2025

September 9, 2018 Phillip Campbell Uncategorized Comments Offon Brown Rice Market Report 2018: Geographical Analysis of Technology Development Trends by 2025 Global Brown Rice market survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. It provides Detailed understanding of consumption by individual product categories to align your sales and marketing efforts with the latest trends in the market.

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https://www.fentonpost.com/2018/09/09/brown-rice-market-report-2018-geographicalanalysis-of-technology-development-trends-by-2025/

Global Long-Grain Rice Seeds Market 2018 Trends By Players:- Dupont Pioneer, Bayer, Nuziveedu Seeds, Kaveri, Mahyco, RiceTec Posted On : September 10, 2018 Published By : alton

Global Long-Grain Rice Seeds Market Research Report 2018: intelligence by Players, Type, Raw Material, Production, Distribution Channel, consumption, revenue (million USD) and Region –Forecast till 2025.

Long-Grain Rice Seeds Market The Shares and Demand for Long-Grain Rice Seeds industry is unexpected to be high for the next six years. By Considering this growth, we provide Long-Grain Rice Seeds Market Research Report. Long-Grain Rice Seeds Market Research Report includes detailed profiles of key players with regional analysis and focus on key rising opportunities and challenges faced by Long-Grain Rice Seeds industry. Global Long-Grain Rice Seeds Market is valued at USD XX million in 2018 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX %. Leading Long-Grain Rice Seeds Market Companies/players around the globe are :Dupont Pioneer, Bayer, Nuziveedu Seeds, Kaveri, Mahyco, RiceTec, Krishidhan, Rasi Seeds, JK seeds, Syngenta, Longping High-tech, China National Seed, Dabei Nong Group, Hefei Fengle, Gansu Dunhuang Seed, Dongya Seed Industry, Keeplong Seeds, Anhui Nongken, Beijing Doneed Seeds.

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Geographically, this report is segmented into several key Regions covering:- North America, China, Japan, Europe, india, Southeast Asia and Other regions Such As Central & South America, Middle East & Africa (We can provide region as per your CHOICE also.)

The Global Long-Grain Rice Seeds market fulfills current condition and forecast leading players, with their deals, gross profit and market share of the overall industry. Worldwide market by developing regions, with deals, revenue Long-Grain Rice Seeds industry, for every area, information on key countries. Depict Long-Grain Rice Seeds Industry deals channel, wholesalers, brokers, merchants, reference section and information source.

Long-Grain Rice Seeds industry product types:- Japonica Rice, Indica Rice Long-Grain Rice Seeds industry Application:- Agricultural Planting, Scientific and Research Planting Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players product, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants insights and recognizing business opportunities.

Inquire for Buying Click Here:- www.marketnreports.com/request-for-sample.html? repid=1192 Report on Global Long-Grain Rice Seeds Market 2018 mainly covers 12 Section as follows:

Industry Overview of Long-Grain Rice Seeds covers:-Definition, Specifications, Classification, Applications, Market Segment by Regions

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Long-Grain Rice Seeds Manufacturing Cost Structure Analysis covers:- Raw Material and Suppliers, Industry Chain Structure, Manufacturing Cost Structure Analysis and Process Analysis.

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Technical Data and Manufacturing Plants Analysis includes:- Capacity and Commercial Production Date of Long-Grain Rice Seeds Major Manufacturers in 2018, Manufacturing Plants Distribution, R&D Status and Technology Source and Raw Materials Sources Analysis.

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Global Long-Grain Rice Seeds Overall Market Overview includes:- 2013-2018 Overall Market Analysis, Capacity Analysis, Sales Analysis and Sales Price Analysis.

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Long-Grain Rice Seeds Regional Market Analysis contain:- North America, Europe Long-Grain Rice Seeds market Analysis, China, Japan, Southeast Asia, India Long-Grain Rice Seeds market Analysis.

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Global 2013-2018 Long-Grain Rice Seeds Segment Market Analysis (by Type):- Long-Grain Rice Seeds Sales by Type, Different Types of Long-Grain Rice Seeds Product Interview Price Analysis, Different Types of Long-Grain Rice Seeds Product Driving Factors Analysis.

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Global 2013-2018 Long-Grain Rice Seeds Segment Market Analysis (by Application) covered:- Long-Grain Rice Seeds Consumption by Application, Different Application of Long-Grain Rice Seeds Product Interview Price Analysis and Driving Factors Analysis.

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Major Manufacturers Analysis of Long-Grain Rice Seeds around the world includes:- Analysis on each Company Profile, Product Picture and Specifications, Sales, Ex-factory Price, Revenue, Gross Margin Analysis, Business Region Distribution Analysis

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Development Trend of Long-Grain Rice Seeds Market Analysis:- Long-Grain Rice Seeds Market Trend Analysis, Market Size (Volume and Value) Forecast, Regional Market Trend, Market Trend by Product Type and Applications.

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Long-Grain Rice Seeds Marketing Type Analysis include:- Marketing Type Analysis, Long-Grain Rice Seeds International Trade Type Analysis, Traders or Distributors with Contact Information of Long-Grain Rice Seeds by Region, Long-Grain Rice Seeds Markets Supply Chain Analysis.

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Consumers Analysis of Long-Grain Rice Seeds

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Conclusion of the Global Long-Grain Rice Seeds Market Professional Survey Report 2018 includes:- Methodology, Analyst Introduction and Data Source

In the end, the report includes Long-Grain Rice Seeds new project SWOT analysis, investment practicalness analysis, investment come analysis and development trend analysis.

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alton http://plainsledger.com/world/global-long-grain-rice-seeds-market-2018-trends-by-playersdupont-pioneer-bayer-nuziveedu-seeds-kaveri-mahyco-ricetec/26896/

Hybrid Rice Seeds market report – manufacturers, countries, type and application, forecast to 2025 September 10, 2018 husain@reportsmonitor.com Business �

Hybrid Rice Seeds Market

Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Hybrid Rice Seeds market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region.

The research report titled, Hybrid Rice Seeds market has adopted a systematic way to evaluate the dynamics of the overall market. It provides a comprehensive study comprising of a top-to-bottom research on the market dynamics, including growth drivers, challenges, threats, and potential growth opportunities, with a key focus on not only the global market but also the regional market. In a chapter-wise format, the report evaluated the global supply and demand trends in the global market, including the significant insights and graphical representation. A detailed investment feasibility

analysis and market attractiveness analysis has also been mentioned thoroughly in this report, which makes it a meticulous document for the leading competitors operating in the market globally.

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The research report studies the historical, present, and future performance of the global market. The report further evaluates the present competitive landscape, prevalent business models, and the likely advancements in offerings by significant players in the coming years.

The global Hybrid Rice Seeds market is depicted by the presence of various worldwide, provincial, and local vendors. The market is exceedingly focused with each one of the players contending to gain a share of the overall industry. Exceptional competition, recurrent variations in government protocols, environmental regulations, and rapid advancements in innovation are the key factors that drive the growth of the market.

Get Discount on this Report: https://www.garnerinsights.com/Global-Hybrid-Rice-SeedsMarket-Professional-Survey-Report-2018#discount The major manufacturers covered in this report Dupont Pioneer Syngenta Bayer CropScience

Nath Advanta Nirmal Seeds Longping High-tech China National Seed Group Hainan Shennong Gene WIN-ALL HI-TECH SEED Hefei Fengle Seed Zhongnongfa Seed RiceTec SL Agritech Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan India Southeast Asia Other regions (Central & South America, Middle East & Africa) On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into 3-line Breeding Systems 2-line Breeding Systems

By Application, the market can be split into rice cultivation Application 2 Scope of the Report :Study Objectives of Global Hybrid Rice Seeds Market are: 1.This report provides the reader with supreme insights and pin-point analysis for changing competitive dynamics.

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View Full Report Description with TOC: https://www.garnerinsights.com/Global-Hybrid-RiceSeeds-Market-Professional-Survey-Report-2018 Competitive Analysis: The business players in the section are productively using their primary resources to initiate longlasting development changes. The sector is experiencing a considerable transformation which has augmented the growth pace of the sector. The lucrative growth opportunities for this sector can be profited of by guaranteeing on-going process enhancements and keeping up financial flexibility to put resources into the ideal methodologies.

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Packaged Basmati Rice Market 2018-2022: Key Things to Know (Vendors, Regions, Revenue, Shares, Size) September 10, 2018 sambit.k Uncategorized

Packaged Basmati Rice market focuses on the possibility of new investment projects, and complete study conclusions are presented. Packaged Basmati Rice market report offers key figures on the state of the industry and is a respected source of guidance and route for companies and peoples interested in the market.

Packaged Basmati Rice market report providing a strong boost to the global industry and accounting 11.3% CAGR from 2018 to 2022.

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Top Vendors in Packaged Basmati Rice Market: Ally Financial, Daimler, Ford Motor Credit, Toyota Financial Services, Volkswagen Financial Services.

Packaged Basmati Rice Market by Dynamics: Market Driver • Growing demand for rice as staple food • For a full, detailed list, view our report Market Challenge • Production constraints and high dependence on India • For a full, detailed list, view our report Market Trend • New product launches • For a full, detailed list, view our report Browse Details of at https://www.absolutereports.com/12294816 Packaged Basmati Rice Market by Types: Type 1, Type 2

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Market 2018 – Yihai Kerry Investments Co., Ltd., Refratechnik Italia S.r.L, Wadham Energy Limited Partnership kyongpitzer

The new report on Global Rice Husk Ash Market includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.Let’s go through the report overview which describe Industry Research 2018 to 2022. The Rice Husk Ash Market data and analytics accounted a relatively optimistic growth, the past 4 years, market size is estimated from xxx million $ in 2014 to xxx million $ in 2017. The Rice Husk Ash Market is expected to exceed more than US$ xxx million by 2022 at a CAGR of xx% in the given forecast period.

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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil.

Major companies present in Rice Husk Ash market report: Yihai Kerry Investments Co., Ltd., Refratechnik Italia S.r.L, Wadham Energy Limited Partnership, Usher Agro Limited, Torftech, Agrilectric Power, KIYU New Material Co., Ltd, Agrino, Jasoriya Rice Mill Pvt. Ltd. ,, Rice Husk Ash Market report Analysed Based on Major Product Type: Product Type Segmentation (Nodules, Powder, Granules) Industry Segmentation (Building & Construction, Steel Industry, Ceramics & Refractories, Silica Manufacturing) Channel (Direct Sales, Distributor) Segmentation The study objectives of this report are: 1) Focuses on the key Rice Husk Ash manufacturers, to study the sales, value, market share and development plans in future.

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The Report includes Rice Husk Ash market rate, volume delivered (in kilo tons) and the income it produces (in US$), demand and supply data (as applicable) examined within the report. Likewise, the Rice Husk Ash statistics, sale rate is for diverse kinds, Rice Husk Ash applications and area is included in continuation. The Rice Husk Ash industry intake for foremost areas as well as type wise and application consumption figures are also given.

Inquiry for Buying Report @ www.marketresearchstore.com/report/global-rice-husk-ash-marketresearch-report-2018-307454#InquiryForBuying The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Rice Husk Ash market in 2022 is also explained. Finally, the possibility analysis of new project investment is done in the report, which contains a comprehensive SWOT analysis of the Rice Husk Ash market. Both recognized and new players in the Rice Husk Ash market can use this report for detail understanding of the market. http://marketglobalnews.com/17673/global-rice-husk-ash-market-2018-yihai-kerry-investments-co-ltdrefratechnik-italia-s-r-l-wadham-energy-limited-partnership/

600 containers of Pakistani rice stuck up at Kenyan ports 

September 8, 2018 20

Salim Ahmed Lahore As many as 600 containers of Pakistani rice are stuck up at Kenyan ports by Kenyan Customs, Samee Ullah Chaudhry, Chairman Rice Exporters Association of Pakistan, said.

According to him, the Kenya Bureau of standards and customs have subjected the containers under scrutiny & 100% verification. This is unfair considering the CoCs are in order – the full verification & sampling of Rice containers reaching Mombasa, Kenya port has commenced since August. This despite appropriate certificate of confirmity at the load port by providing a “clean bill of health” by agencies recommended by KEBS i.e. SGS, Intertek, Bureau Veritas etc.

The containers are being inspected against phytosanitary standards and physical characteristics (Brokens and Damage). The stuck containers causing heavy demurrages and detention and therefore, Landing cost of

Pakistani Rice increasing day by day.

Unfortunately, Samee said the Kenyan authorities don’t have the backend infrastructure to expedite the exercise. They have only one lab in Nairobi to do the heavy metal tests whereas our cargo is stuck in Mombasa. This is delaying the testing processes to confirm compliances.

On one hand phytosanitary conditions (Aflatoxin, Pesticides & Microbiology) are tested in Nairobi & on the other hand the broken percentage is verified in Mombasa. Rice is still not allowed to enter into Kenya based on 2%-5% higher broken. For us at reap, it’s a matter of great concern because in agriculture commodity, 2% is considered insignificant variation said Samee Ullah Ch. Broken is considered a grain that is 3/4 or less than its original length i.e. in case of IRRI 4.5mm but Kenyan customs is taking into account 3/4 or more as broken including Tip Broken i.e. 5.5mm or lower being regarded as Broken, he said.

Moreover, the Reap delegation headed by Senior Member and Ex-Chairman, is in Kenya and has met with Kenya Bureau of standard officials and along with Pakistan Commercial Counsellor Mr Zahid Qadeer but the problem seems to aggravate as authorities in Nairobi, Kenya have not instructed their counterparts in Mombasa to come to a resolution by resampling & analysis of the containers in their presence. This is highly unjustified step by Kenyan Authorities as told by chairman reap.

The scrutiny is not confined to containers that are lying at port / CFS’s. Warehoused cargo which has already obtained final release from customs & clean bills of health by KEBS, Port Health, KEPHIS & Radiation is undergoing multiagency testing as well. The agents of the aforementioned enforcing bodies inspect our warehouses to retrieve samples for cargo which has already passed all the pertinent tests to obtain final release from customs, a spokesman of REAP said.

He said that Pakistan is second biggest importer of Kenyan Tea and we have trade imbalance with them.

Government of Pakistan has always provided level playing field to Kenyan Tea Exporters for marketing their valued product in Pakistan and expect the same from Kenyan Government. A better step would be to allow importation and sampling be performed at buyers’ warehouses for conformances before commodity is allowed to sell in commercial market. The sampling methodology and mechanism should be fairly determined to give confidence to members that its not Technical Barrier to restrict imports and limit our rice market.

https://pakobserver.net/600-containers-of-pakistani-rice-stuck-up-at-kenyan-ports/

‘Free rice, power, gas cylinders in Congress rule’ SPECIAL CORRESPONDENT HYDERABAD , SEPTEMBER 06, 2018 00:29 IST

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TPCC president Uttam Kumar Reddy senior Congress leaders Shabbir Ali, Sridhar Babu and Jeevan Reddy during a media conference at Gandhi Bhavan in Hyderabad on Wednesday. | Photo Credit: K.V.S. GIRI

Separate sub-plan for BCs and Minorities, says Uttam Telangana Congress unveiled a preview of its manifesto for the next elections that include enhancing free ration to eligible SC and ST categories, fine rice for all ration

card holders, six gas cylinders to BPL families per year, ₹ 5 lakh to eligible people who construct houses on their own plots, bicycles to girl students from 7th class to Intermediate and enhancement of Arogyasri limit to ₹ 5 lakh from ₹ 2 lakh apart from separate sub-plan for Backward Classes and Minorities.

“All these promises would be implemented unlike the false promises made by the TRS party,” Telangana Pradesh Congress Committee (TPCC) president N. Uttam Kumar Reddy, said at a press conference here on Wednesday.

Mr. Reddy said the financial commitment for all these schemes and earlier schemes announced were worked out by the committee headed by T. Jeevan Reddy that did a massive exercise while recommending a plethora of schemes for the people. “We gave Telangana State and we know how to take care of our people,” he said.

Key features Explaining some key promises to be included in the manifesto, he said fine rice would be given to all ration card holders apart from reviving the nine-item kit that included wheat, sugar, oil and pulses. He said employees, journalists and others covered under health scheme would now get ₹ 5 lakh limit.

A special insurance package of ₹ 5 lakh would be announced for the Gulf migrants, he said criticising the TRS that it ignored them after garnering their votes in 2014. A special NRI policy for Gulf migrants would be announced and a special fund of ₹ 500 crore would be created to help the migrant workers. Six domestic gas cylinders for BPL families would be given free of cost.

Mr. Reddy said the Chief Minister K. Chandrashekar Rao took a ‘disgusting’ political decision to stop payment of bills for money spent by beneficiaries for Indiramma houses alleging fraud and after four years he has not found any error but did not release the money. Congress after coming back to power will release pending bills to 4 lakh people and also give ₹2 lakh to construct an additional room. Those planning to construct houses on their own land will be given ₹ 5 lakh. He also promised that they would construct 2 lakh houses every year for the weaker sections. A sub-plan for Backward Classes and Minorities would be included in the Budget. While overall budget of nearly ₹ 6.5 lakh crore was shown in the last five Budgets, the actual amount

spent on welfare of minorities was a little over ₹ 3,000 crore which was not even 0.4%.

He said ₹ 25,000 crore was allocated for BC welfare but not even one-fourth of the amount had been spent.

The TPCC chief also promised free power up to 200 units to all poor SCs and STs. Religious places would be supplied power at free of cost and rules would be prescribed soon. He said Congress government would protect the interest of tenant farmers and they would get all benefits and sops given by the government.

Mr. Reddy said TRS was under severe shock due to the failure of its public meeting at Kongara Kalan and Husnabad meeting on September 7 was to overcome that shock.

But people know the reality and they were treating the next elections as ‘KCR family Vs People of Telangana’. https://www.thehindu.com/news/cities/Hyderabad/free-rice-power-gas-cylinders-in-congressrule/article24875513.ece

600 rice containers from Pakistan held up at Kenyan port The Newspaper's Staff ReporterUpdated September 08, 2018 LAHORE: At least 600 containers of Pakistani rice are stuck up at Kenyan ports as the customs authorities there have subjected the consignment to 100 per cent scrutiny and verification against the norms.

Rice Exporters Association of Pakistan (Reap) Chairman Sameeullah Chaudhry says the Kenya Bureau of Standards and Customs started full verification and sampling of rice containers reaching Mombasa port, Kenya, for inspecting phytosanitary standards and physical characteristics (broken, damaged) since one month.

The step is being taken despite appropriate certificate of conformity at the loading port by the agencies recommended by KEBS including SGS, Intertek and Bureau Veritas etc, he says, adding the detention of containers is causing heavy demurrages and thus landing cost of the rice is increasing with each passing day.

He says that there is only one lab in Kenyan capital Nairobi to conduct the heavy metal tests whereas the cargo is stuck up at Mombasa port and thus the testing process is taking extraordinary time.

Mr Chaudhry demands that the foreign office should take up the issue with their Kenyan counterparts for Pakistan High Commission as commercial consular’s requests are not being

entertained by Nairobi. Kenya is one of the largest markets for Pakistani rice as it imports at least 475,000 tonnes or 12pc of the total rice exports of Pakistan.

Published in Dawn, September 8th, 2018

https://www.dawn.com/news/1431656/600-rice-containers-held-up-at-kenyan-port

600 Pak rice containers stuck up at Kenyan ports

Salman Abduhu September 08, 2018

LAHORE - More than 600 containers of Pakistani rice have been stuck up at Kenyan ports by Kenyan Customs Authorities for the last several weeks due to the issue of Phytosanitary protocols.

The Rice Exporters Association of Pakistan Chairman Ch Samee Ullah Naeem told The Nation that shipments made by the Pakistani exporters had been stuck up at Customs clearing point of

Kenya ports despite the fact that exporters had paid all local taxes and duties, besides providing Phytosanitary certificate to the authorities.

"Our rice exporters have provided all kinds of Phytosanitary certificates to Kenyan ports authorities but they are not satisfied. We have now approached the concerned department in Pakistan and ministry to intervene and save our members from the heavy cost of demurrage."

Samee Ullah asked the government of Pakistan to approach the Kenyan authorities to press them to release hundreds of rice containers held at these ports without any solid reason. "The REAP is also in contact with Kenyan officials to discuss the problems faced by our members," said Samee.

He said that the Reap delegation is in Kenya and has met with Kenya Bureau of Standard officials but the problem seems to aggravate as authorities in Nairobi, Kenya have not instructed their counterparts in Mombasa to come to a resolution by resampling of the containers in their presence. This is highly unjustified step by Kenyan authorities, he lamented.

READ MORE: Security of masses is our priority: Shehryar Afridi

"In present case, importers are facing loss in the form of demurrage bills as a result of which our potential business to Kenya will also be suffered greatly."

Samee Ullah said that Pakistan is one of the largest exporters of rice to Kenya. He said that Pakistan rice exports to Kenya have increased due to aggressive marketing by REAP members and exporters. He said that issues the importers are facing in Kenya will have a negative effect on exporters in Pakistan in the form of late payments which will lead to a slowdown in exports.

Unfortunately, the Kenyan authorities don’t have the backend infrastructure to expedite the exercise. They have only one lab in Nairobi to do the heavy metal tests whereas our cargo is stuck in Mombasa. This is delaying the testing processes to confirm compliances.

On one hand phytosanitary conditions (Aflatoxin, Pesticides & Microbiology) are tested in Nairobi and on the other hand the broken percentage is verified in Mombasa. Rice is still not allowed to enter into Kenya, which is unfortunate. “This has jeopardised our rice exports to Kenya. We want level playing field but it seems Kenyan authorities have decided otherwise. Despite the intervention by Pakistan High Commission and

Commercial Councellor, Kenyan Inspection isn’t cooperating at all. Kenya is considered as single country biggest market for Pakistan rice products and we can’t afford to lose this market.”

He said that Pakistan is second biggest importer of Kenyan tea and we have trade imbalance with them. Government of Pakistan has always provided level playing field to Kenyan tea exporters for marketing their valued product in Pakistan and expect the same from Kenyan government. A better step would be to allow importation and sampling be performed at buyers’ warehouses for conformances before commodity is allowed to sell in commercial market. The sampling methodology and mechanism should be fairly determined to give confidence to the exporters.

“The current activity seems carrying vested interests by restricting our rice market in Kenya.

Prime Minister, Imran Khan, already urged in speech that we will have reciprocal ties with all nations, give respect get one, give level playing field and get same in return but the message should be clearly given to Kenyan Foreign Office straight and blunt, he demanded.

Just to remind that in February 2018, Kenyan authorities sealed warehouses of Pakistan rice importers and arrested Pakistani rice marketers based on allegation of money laundering, terrorist financing and fake passport, fake visa without evidence. Then Ambassador of Pakistan in Kenya had successful meeting with Kenyan officials on the fake charges of terrorism raised on Pakistani rice businessmen in Kenya and in turn all were released.

Chaudhry Samee Ullah demanded that reciprocal protection may be sought for Kenyan products destined to Pakistan market. Our consumer health and protection is equally important and we must take reciprocal measures to protect our consumers from any inferior quality Kenyan products being imported in Pakistan. Until, matter isn’t tackled at Foreign Office level, Pakistan risks losing out bigger share of our rice exports (475,000 tons - 12 percent of total exports) that in turn would enhance our trade deficit and imbalance. https://nation.com.pk/08-Sep-2018/600-pak-rice-containers-stuck-up-at-kenyan-ports

600 Pak rice containers stuck up at Kenyan ports' Last Updated On 07 September,2018 09:25 pm

The containers are being inspected against phytosanitary standards and physical characteristics

ISLAMABAD (Dunya News) – As many as 600 containers of Pakistani rice are stuck up at Kenyan customs clearance points.Rice Exporters Association of Pakistan Chairman Sameeullah Chaudhry said that the Kenya Bureau of standards and customs have subjected the containers under scrutiny and 100% verification – this is unfair considering the CoCs are in order – the full verification and sampling of Rice containers reaching Mombasa, Kenya port has commenced since August. This despite appropriate certificate of conformity at the load port by providing a “clean bill of health” by agencies recommended by KEBS i.e. SGS, Intertek, Bureau Veritas etc.

The containers are being inspected against phytosanitary standards and physical characteristics (Brokens and Damage). The stuck containers causing heavy demurrages and detention and therefore, landing cost of Pakistani Rice increasing day by day.

Unfortunately, the Kenyan authorities don’t have the backend infrastructure to expedite the exercise. They have only one lab in Nairobi to do the heavy metal tests whereas our cargo is stuck in Mombasa. This is delaying the testing processes to confirm compliances, he added.

On one hand phytosanitary conditions (Aflatoxin, Pesticides & Microbiology) are tested in Nairobi and on the other hand the broken percentage is verified in Mombasa. Rice is still not allowed to enter into Kenya based on 2%-5% higher broken.

For us at reap, it’s a matter of great concern because in agriculture commodity, 2% is considered insignificant variation, said Sameeullah Ch. Broken is considered a grain that is 3/4 or less than

its original length i.e. in case of IRRI 4.5mm but Kenyan customs is taking into account 3/4 or more as broken including Tip Broken i.e. 5.5mm or lower being regarded as Broken.

This has jeopardize our Rice Exports to Kenya, we want level playing field but seems Kenyan authorities have decided otherwise. Despite the intervention by Pakistan High Commission and Commercial Councilor delivering their best to resolve the crisis but Kenyan Inspection isn’t cooperating at all. Kenya is considered as Single country biggest market for Pakistan Rice Products and we can’t afford to lose this market.

The Reap delegation headed by Senior Member and Ex-Chairman, is in Kenya and has met with Kenya Bureau of standard officials and along with Pakistan Commercial Counselor Zahid Qadeer but the problem seems to aggravate as authorities in Nairobi, Kenya have not instructed their counterparts in Mombasa to come to a resolution by re-sampling & analysis of the containers in their presence. This is highly unjustified step by Kenyan Authorities as told by chairman reap.

The scrutiny is not confined to containers that are lying at port/CFS’s. Warehoused cargo which has already obtained final release from customs & clean bills of health by KEBS, Port Health, KEPHIS and Radiation is undergoing multiagency testing as well. The agents of the aforementioned enforcing bodies inspect our warehouses to retrieve samples for cargo which has already passed all the pertinent tests to obtain final release from customs.

Pakistan is second biggest importer of Kenyan Tea and we have trade imbalance with them.

Government of Pakistan has always provided level playing field to Kenyan Tea Exporters for marketing their valued product in Pakistan and expect the same from Kenyan Government. A better step would be to allow importation and sampling be performed at buyers’ warehouses for conformances before commodity is allowed to sell in commercial market.

The sampling methodology and mechanism should be fairly determined to give confidence to members that its not Technical Barrier to restrict imports and limit our rice market. The current activity seems carrying vested interests by restricting our Rice market in Kenya. Prime Minister, Imran Khan, already urged in speech that we will have reciprocal ties with all nations, give respect get one, give level playing field and get same in return but the message should be clearly given to Kenyan Foreign Office straight and blunt.

Just to remind that in February 2018, Kenyan authorities sealed warehouses of Pakistan Rice Importers and arrested Pakistani Rice Marketers based on allegation of Money Laundering, Terrorist Financing and Fake Passport, Fake Visa without evidence. Then Ambassador of Pakistan in Kenya had successful meeting with Kenyan officials on the fake charges of Terrorism raised on Pakistani Rice Businessmen in Kenya and in turn all were released.

Sameeullah demanded that reciprocal protection may be sought for Kenyan Products destined to Pakistan Market. Our consumer health and protection is equally important and we must take reciprocal measures to protect our consumers from any Inferior quality Kenyan Products being imported in Pakistan. Until, matter isn’t tackled at Foreign Office Level, Pakistan risks to lose

out bigger share of our Rice Exports (475,000 Tons - 12% of Total Exports) in turn would enhance our Trade Deficit and Imbalance. https://dunyanews.tv/en/Business/455976-600-Pak-rice-containers-stuck-up-at-Kenyan-ports

Stringent inspections threaten Pakistan rice export to Kenya LAHORE: Cargoes carrying 15,600 tons of Pakistani irri rice are stuck at a Kenyan port as custom authorities in the African nation have ramped up inspections thats likely to hit exports by a potentially costly slowdown, industry officials said on Friday.

Samee Ullah Chaudhry, chairman Rice Exporters Association of Pakistan said around 600 containers are stopped at the port by the Kenya Bureau of Standards and Customs for “scrutiny and 100 percent verification”.

“The containers are being inspected against phytosanitary standards and physical characteristics (broken and damage)” Chaudhry said.

Chaudhry said the Kenyan authorities lack backend infrastructure to expedite the inspection.

They have only one laboratory in Nairobi to carry out heavy metal tests whereas Pakistani cargo is stuck in Mombasa.

“On one hand phytosanitary conditions (aflatoxin, pesticides and microbiology) are tested in Nairobi and on the other hand the broken percentage is verified in Mombasa,” he added.

He said the stuck up containers are causing heavy demurrages to the exporters as cargoes are not allowed to enter into Kenya based on two percent- five percent higher broken.

“For us at reap, it’s a matter of great concern because in agriculture commodity, 2% is considered insignificant variation,” Chaudhry said. Broken is considered a grain that is 3/4 or less than its original length i.e. in case of IRRI 4.5mm but Kenyan customs is taking into account 3/4 or more as broken including tip broken i.e. 5.5mm or lower being regarded as broken.

He said the situation has jeopardise Pakistan’s rice exports to Kenya -- considered as single country biggest market for Pakistani rice products.

Chaudhry said the scrutiny is not confined to containers that are lying at port.

“Warehoused cargo which has already obtained final release from customs and clean bills of health by KEBS, port health, KEPHIS and radiation is also undergoing multiagency testing as well,” he added. “The agents of the aforementioned enforcing bodies inspect our warehouses to retrieve samples for cargo which has already passed all the pertinent tests to obtain final release from customs.” https://www.thenews.com.pk/print/365314-stringent-inspections-threaten-pakistan-rice-export-to-kenya

600 containers of Pakistani rice stuck at Kenyan ports

By Our Correspondent Published: September 8, 2018

The delay in clearance of containers is resulting in heavy demurrage costs and increase in landing cost of Pakistani rice each day. PHOTO:FILE LAHORE: Almost 600 containers of Pakistani rice have been stopped at Kenyan ports by the customs authority, said Rice Exporters Association of Pakistan (REAP) Chairman Sameeullah Chaudhry.

The Kenya Bureau of Standards (KEBS) and Customs were examining the containers for security check and verification, which Chaudhry said was unfair considering that the certificates of conformity were in order. He lamented that despite having necessary approvals and a clean bill of health from the agencies recommended by KEBS, the containers were being inspected to check compliance with phytosanitary standards and their physical characteristics.

The delay in clearance of containers is resulting in heavy demurrage costs and increase in landing cost of Pakistani rice each day.

As per rules, rice is not allowed to enter Kenya based on 2-5% higher broken quantity. “It is a matter of great concern because in agriculture commodity 2% is considered insignificant variation,” he added. “This has jeopardised our rice exports. We want a level playing field.”

Despite the intervention of the Pakistan High Commission and commercial counsellor to resolve the crisis, the Kenyan inspection team was not cooperating, he pointed out.

The REAP chairman suggested that reciprocal steps may be taken in the case of Kenyan products destined to the Pakistani market.

“Our consumer health and protection is equally important and we must take reciprocal measures to protect our consumers from any inferior quality of Kenyan products being imported into Pakistan,” he said.

He warned that if the matter was not tackled, Pakistan risked losing its share of rice exports – 475,000 tons or 12% of total exports, which would enhance the country’s trade deficit and imbalance.

Published in The Express Tribune, September 8 th, 2018. https://tribune.com.pk/story/1797985/2-600-containers-pakistani-rice-stuck-kenyan-ports/

BKU warns arhtiyas on direct payment scheme Tribune News Service Ambala, September 8 The Bharatiya Kisan Union (Charuni) has demanded that the payment for the upcoming paddy crop be transferred directly to the bank accounts of farmers. It has threatened that if commission agents go on a strike against the implementation of the direct payment scheme, farmers will also give a strike call in support of the scheme.

The union leaders held a meeting with Agriculture Minister Om Prakash Dhankar a couple of days ago in Chandigarh and raised several issues regarding the upcoming paddy season. They demanded early purchase of paddy, more moisture meters, and direct payment to farmers for paddy.

BKU (Charuni) chief Gurnam Singh Charuni told The Tribune on Saturday that, “We are in the favour of direct payment to farmers and the minister has said that he is also in its favour. He has asked the union to make efforts in this regard as commission agents strike work and then the government is forced to withdraw the decision”.

“Some rice millers in collusion with arhtiyas were buying rice from Bihar and Uttar Pradesh and fraudulently showing these as purchases from Haryana. It is only benefiting the rice sheller owners. Commission agents should not oppose the direct payment system. We are not against commission agents but we want that the payment must be transferred directly to farmers’ bank accounts. If the commission agents go on strike, farmers will also give a strike call,” he added.

Charuni said, “Commission agents are afraid that they may lose money that they have lent to farmers. They will appeal to farmers to repay money taken from the commission agents”.

About the demand for early purchase, he said, “The minister has said that since the arrivals remain very low around September 15, procurement can’t be started.

However, he asked us to keep a check and inform if there are heavy arrivals, the government may take a decision in this regard”. https://www.tribuneindia.com/news/haryana/bku-warns-arhtiyas-on-direct-payment-scheme/649835.html

6.4% inflation not reason to panic: Palace

By PNAPublished On September 8, 2018

MANILA, Sept. 8 -- Malacañang on Friday maintained that there is no reason to panic despite an inflation that hit a nine-year high at 6.4 percent in August.“This 6.4 is not unprecedented in our history. We have inflations rates of 7 percent. During GMA’s (Gloria Macapagal-Arroyo) time it was double digit and in GMA time it was only what? Eight years ago? So it’s not a reason to be –

to have any sort of panic,” Presidential Spokesperson Harry Roque said in a press briefing in Amman, Jordan.

Roque, however, clarified the government is not ignoring the increasing inflation, saying measures are now in place to counter its impact particularly to the poor Filipinos.

“It’s not that we are ignoring it, we are addressing. Kaya lang hindi naman overnight iyong resulta ng mga anti-inflationary measures na ginagawa ng gobyerno (But the results of the antiinflationary measures that government is doing cannot be achieved overnight),” he said.

He identified some anti-inflationary measures like social grants like Conditional Cash Transfer (CCT) and Unconditional Cash Transfer as well additional rice imports and importation of cheaper diesel.

Roque said the promise of President Rodrigo Duterte to open the warehouses of rice hoarders is additional measure to bring down the prices of rice.

“It means we are addressing the issue of inflation. It will not happen overnight,” he said.

Meanwhile, Roque denied observation of some political analysts that the decision of President Duterte to declare void ab initio the amnesty granted to Senator Antonio Trillanes IV was squid tactic to hide the effects of high inflation.

“I beg to disagree. It is not true that we have to resort to diversionary tactics. Our President is addressing it and the President has also said that the buck stops with him,” Roque said.

He believed the opposition is using inflation as political issue due to the forthcoming mid-term elections next year.

“I think it’s very obvious,” Roque said.

He also rejected suggestion that government should impose price control particularly on prices of food and other basic commodities.

“We cannot just declare price control. Under the price control act, there should be declaration of state of calamity or if there is martial law or suspension of writ of habeas corpus,” he said.

Roque reiterated that increasing the supply is another solution to bring the prices down. (JM/PNA) https://pia.gov.ph/news/articles/1012457

Rice exports set to go up on increasing demand Update: September, 08/2018 - 09:00

Sacks of rice prepared for export. Việt Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets — VNA/VNS Photo

Viet Nam News HCM CITY — Việt Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development.

Higher demand has been forecast in China, the Philippines, Indonesia, Iraq, and Southern African countries, it said.

The Philippines, for instance, plans to import 500,000 to 800,000 tonnes to supplement its depleting stocks and stabilise prices.

A new decree, which takes effect in October, is expected to remove difficulties and legal barriers faced by rice businesses in expanding exports.

Rice exporters said they are likely to see positive signs from October but also challenges.

Lâm Anh Tuấn, director of the Bến Tre Province-based Thịnh Phát Foodstuffs Co Ltd, said if the Philippines and Indonesia buy in the near future they would buy through bids or negotiations at low prices.

Prices of certain varieties of Vietnamese rice are higher than their rivals, he said.

In addition, domestic prices usually rise sharply when there is news that Việt Nam has won an export bid.

Enterprises thus face a risk if they sign export contracts without having stocks of rice, and some businesses have already incurred big losses in this manner, he said.

So authorities should be careful when negotiating rice exports since domestic prices would certainly rise when demand rises, he said.

According to the ministry, the country exported some 441,000 tonnes worth US$209 million last month, taking total exports in the year-to-date to 4.4 million tonnes worth $2.2 billion, up 6.8 per cent in volume and 22.1 per cent in value year-on-year.

The increase was due to new contracts to ship to Indonesia, the Philippines and Cuba, it said.

China remained the biggest buyer, but its imports were sharply down in both volume and value after it raised import tariffs on rice, including sticky rice.

Rice exporters have sought to increase shipments, especially of glutinous rice, to other markets to avoid too much reliance on China.

According to the Department of Crop Production, as of August 30 the Cửu Long (Mekong) Delta provinces had harvested 1.1 million hectares of summer-autumn rice out of a total of 1.6 million hectares, with the yield being 5.6 - 5.7 tonnes per hectare.

They have also begun to plant the autumn-winter crop on 475,000ha of the earmarked 745,000ha, it said. — VNS http://vietnamnews.vn/economy/465285/rice-exports-set-to-go-up-on-increasingdemand.html#y0WybrwboTKDe9TG.99

Economic managers see inflation rate slowing down posted September 07, 2018 at 08:40 pm by Julito G. Rada

THE Economic Development Cluster of the Duterte administration expects inflation rate to moderate in the coming months from a nine-year high of 6.4 percent in August once the immediate measures to tame the soaring consumer prices are implemented.Chaired by Finance Secretary Carlos Dominguez III, the EDC said inflation was expected to decelerate once these measures were in place.

With rice, fish, vegetables and meat among the highest contributors to the August inflation rate of 6.4 percent, Dominguez said “reforms in agriculture will continuously be implemented to address the supply issues causing the rise in food prices.”

“A committed effort from government in the agriculture sector to boost supply of key products and introduce policy reforms will bring down prices for all Filipino families,” Dominguez said.

Fin ance Secretary Carlos Dominguez III He said supply issues as the cause of higher food prices was supported by data, showing the lowest regional inflation rate recorded by the Philippine Statistics Authority in the food-abundant and agriculturally productive region of Central Luzon at 3.6 percent. “We believe that when the measures take effect, the inflation rate increase will be moderated,�

Dominguez said.

The measures include the commitment of the Department of Agriculture to replicate the issuance of certificates of necessity to allow imports to be distributed in the wet markets in Metro Manila and to the other markets of the country.

On rice supply issues, 4.6 million sacks of rice available in the warehouses of the National Food Authority will be immediately released to the market across the country. The government also expects approximately 2 million sacks of rice previously contracted to be delivered before the end of September.

The NFA Council authorized the importation of 5 million sacks that will be arriving over the next one-and-a-half months and another 5 million sacks to be imported early next year.

To address the reported shortage in Zamboanga, Basilan, Sulu, and Tawi-Tawi, 2.7 million sacks will be allocated to these areas. In addition, harvest has also started in many parts of the country, with the projected harvest for 2018 of 12.6 million MT of rice, the equivalent of 252 million sacks.

The economic managers have also agreed to recommend to the President to issue a directive that will further simplify and streamline the licensing procedures for rice imports of the NFA.

The Department of Trade and Industry, NFA, Philippine National Police, National Bureau of Investigation, and farmer groups will form a monitoring team to closely watch over the transport of rice from ports to NFA warehouses and retail outlets.

To reduce the gap between the farm gate and retail prices of chicken, the DA and DTI will convene poultry producers and set up public markets where producers can sell directly to the end customer. The DA will provide cold storage facilities for this purpose.

The Sugar Regulatory Administration (SRA) will open the importation of sugar to direct users to moderate costs for consumers; and the Bureau of Customs will prioritize the release of essential food items in the ports.

At the same time, the EDC also urged the Senate to approve within the month the Rice Tariffication Bill, which seeks to liberalize the entry of rice by scrapping the quantitative restriction (QR) on its imports. The House of Representatives has already passed its version of this bill last Aug. 14 and transmitted it to the Senate the following day.

Dominguez said liberalizing imports to pull down prices has already been proven to work in the case, for instance, of fertilizers, which used to be exorbitantly priced but became cheap enough for farmers to afford when import controls were removed on these products during the former Corazon Aquino administration.

“This idea of tariffication is not theoretical, it works,” Dominguez said.

As for the spike in the prices of vegetables, the EDC said this was attributed to seasonal weather conditions. The EDC said consumers can see relief in this area after the typhoon season.

Dominguez said this was the third time the EDC along with other concerned government agencies met to discuss ways to ease the impact of inflation on consumers. “We will continuously meet to address these inflation issues,” he said.

The EDC met last Wednesday on the same day that the PSA reported that headline inflation accelerated to 6.4 percent year-on-year in August 2018, faster than the previous month’s 5.7 percent and the 2.6 percent of the same period last year.

The highest contributors to inflation in August were electricity, gas, fuels, fish, rice, personal transport, vegetables, and meat.

The August inflation was the fastest in more than nine years since the 6.6 percent in March 2009 and surpassed estimates both from the government and private sector economists.

This brought inflation in the first eight months to 4.73 percent, well above the government’s official target range of 2 to 4 percent for the year. http://manilastandard.net/business/economy-trade/274967/economic-managers-see-inflation-rate-slowingdown.html

Get acts together, economic team told posted September 08, 2018 at 01:20 am by Rio N. Araja

Agriculture officials and other members of the President’s economic team must agree on how best to address rising food prices, Albay Rep. Joey Salceda said Friday.

“It is the duty of the state to feed its people and it is the strategy of this country to keep food cheap by lowering the cost of production. We have failed in most,” Salceda said in an interview on radio dzMM. Salceda, tasked by Speaker Gloria Macapagal Arroyo to draw up counter-inflation measures, said the Department of Agriculture should make up with the National Food Authority Council, which decides rice import policy.

Food prices rose by 8.5 percent in August, surpassing headline inflation of 6.4 percent, which was a nine-year high.

Salceda said there was no need to replace the economic managers, but they need to talk to each other.

He again pushed for lower tariffs on meat, fish, vegetable, and corn imports to stabilize food prices, saying cheaper imports would spur competition.

But former Agrarian Reform secretary Rafael Mariano threatened to lead a mass action of farmers and fishermen to dramatize their sentiments against rice imports, rising inflation and the lack of subsidies for the agricultural sector.

“Let this be a forewarning to Duterte—hungry people are angry people. He won’t know what hit him once the poor and hungry masses rise up and revolt,” he said.

He said the farmers from the Kilusang Magbubukid ng Pilipinas, Amihan National Federation of Peasant Women, Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas, and Samahang Industriya ng Agrikultura from Bicol and Central Luzon would flock to Manila in a protest caravan to protect local agriculture.

He said the agriculture sector has suffered “enough blows and losses due to economic and trade liberalization.”

“In fact, the slow agricultural growth has dragged down the entire economy for several years now,” he said.

He said the government must “defend and strengthen local agriculture, farmers and producers.”

“Importation is an unsuitable solution,” he said. “It’s a band-aid on gangrene.”

On Thursday, Benguet Gov. Crescencio Pacalso assured the public there was no shortage of vegetables from the highland province as a result of the successive monsoon rains that battered the area recently.

He pointed out that the rise in vegetable prices in Metro Manila is not at all caused by short supply from the province, the source of about 75 percent of vegetables sold in Metro Manila.

Pacalso said the rising cost of highland vegetables sold in Metro Manila is more due to the difficulty of transporting the goods down to the central region because of road damage caused by the heavy monsoon rains and the middlemen.

In a press briefing here, the governor said the Provincial Disaster Risk Reduction Management Council recorded that as of Sept. 3, Benguet has recorded agricultural damage of P73 million in 11 of its 13 municipalities. “This is is only about 5 to 10 percent of the total production of Benguet,� Pacalso said.

From January to July this year, Benguet produced 669.97 metric tons of assorted highland vegetables. The province produced an average of 95.7 metric tons a month.

Pacalso said the damage in agriculture included high-value crops, rice, corn, and other products grown in Benguet.

Meanwhile, a group of sugar farmers said the Sugar Regulatory Administration has failed to lower the retail price of sugar despite the importation of 200,000 metric tons of sugar in June.

The Unyon ng mga Manggagawa sa Agrikultura chided the SRA over the manipulation of sugar prices.

John Milton Lozande, UMA secretary-general, urged the government to investigate the price manipulation and to put a price cap on sugar in markets.

Instead of importing sugar, the government should be helping the sugar industry to improve, he said.

Also on Friday, police raided a warehouse in Marilao, Bulacan, where rice smuggled from China was allegedly stored.

Police said more than 10,000 sacks of rice were spotted in the warehouse when it was first visited on Thursday, but a raid at dawn on Friday produced only 3,000 sacks.

The Bureau of Customs has yet to confirm if the rice was smuggled. With PNA http://manilastandard.net/news/top-stories/275010/get-acts-together-economic-team-told.html

image: http://media.philstar.com/images/articles/startoon_2018-09-07_21-23-39.jpg

EDITORIAL - Long-term food security

(The Philippine Star) - September 8, 2018 - 12:00am When prices rise, the uptick can be reversed or at least eased if the suppl

y is increased. This is what the government is hoping for as food imports are ramped up after the inflation rate hit a nine-year high of 6.4 percent in August.

So far, the government is increasing rice imports and moving to allow importation of fish for the wet markets.

More imported vegetables are also set to come in. The expectation is that flooding the market with supplies can bring down prices of food – the biggest factor, together with non-alcoholic beverages, behind the high inflation rate.

The importations have drawn protests from farmers and fisherfolk, who point out that there are other factors driving inflation in the food sector, such as hoarding, price manipulation and the cost of delivering goods from farms to markets. In the National Capital Region, some of the biggest increases in food items have been seen in vegetables from the Cordillera highlands, which can take from six to eight hours to transport to Metro Manila.

Small-scale farmers and fishermen, who are among the poorest Filipinos, worry that flooding the market with imports can kill local livelihoods in low-income communities. Agriculture and fisheries experts have warned that if the trend persists, it can lead to a further dwindling of the number of young Filipinos who want to engage in farming and fishing.

They point out that supply is best augmented through increased local production. This, however, cannot happen quickly enough for the government to temper the inflation rate. The government must strike a delicate balance between the needs of consumers and local producers especially those in the marginalized sectors. If the government is determined to push ahead with food importations, it must also intensify efforts to increase local production of basic food items. This lies at the heart of long-term national food security.

https://www.philstar.com/opinion/2018/09/08/1849617/editorial-long-term-foodsecurity

Technical Analysis #C-RICE : 2018-09-07 Dmitry LukashovIFC Markets | Sep 07, 14:21 GMT

Rising Philippines rice imports bullish for rice price Philippines is boosting rice imports to curb rising price of the food staple in internal markets.

Will the rice price continue rising?

The Philippines legislature has started deliberations to replace rice import limits with a system of tariffs as the government wants to increase the import of the grain to stem the rising of the rice price in internal markets. The change may double country’s rice imports to 3 million tons a year, making the nation the world’s No.2 buyer after China. And Philippines National Food Authority (NFA) Council, the policy making body of the NFA, approved on September 4 the additional importation of 250,000 metric tons of rice to arrive in November 2018. Increased imports from world’s second largest buyer of rice are bullish for rice price.

On the daily timeframe the RICE: D1 has been rising after hitting 3-month low in mid-August.

It is rising toward the 50-day moving average MA(50). 

The Parabolic indicator has formed a buy signal.



The Donchian channel indicates no trend yet: it is flat.

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The MACD indicator gives a bullish signal: it is below the signal line and the gap is narrowing.

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The Stochastic oscillator is rising but hasn’t reached the overbought zone yet.

We expect the bullish momentum will continue after the price breaches above the upper Donchian bound at 10.9260. A price above that level can be used as an entry point for a pending order to buy. The stop loss can be placed below the lower Donchian bound at 10.3890. After placing the pending order, the stop loss is to be moved to the next fractal low, following Parabolic signals. By doing so, we are changing the probable profit/loss ratio to the breakeven point. If the price meets the stop loss level (10.3890) without reaching the order, we recommend canceling the order: the market sustains internal changes which were not taken into account.

Technical Analysis Summary https://www.fxstreet.com/analysis/technical-analysis-c-rice-2018-09-07-201809071421

Agri groups claim additional rice imports won’t temper rising prices Published September 7, 2018, 10:00 PM

By Madelaine B. Miraflor The existing rice importation program had failed to temper the rising cost of rice. Yet, the government decided to import more rice towards the end of the year to help temper inflation, which just shot up to its highest level in nine years.

This was the sentiment of several groups of agriculture stakeholders, who collectively agreed that the government only resorted to importation because it didn’t want to admit that the Tax Reform for Acceleration and Inclusion (TRAIN) law is what has been pushing the price of commodities higher.

SINAG Chairman Rosendo So said in an interview that the importation of more rice at the time when local output is expected to surge will only result to a highly excessive rice inventory by January next year.

It was on Wednesday when Agriculture Secretary Emmanuel Piñol said the country will have a record palay output of 19.4 million metric tons (MT) this year.

A few hours he said it, the National Food Authority (NFA) Council approved the importation of additional 250,000 metric tons (MT) of rice via an open tender scheme due for arrival in November.

So said either the country needs an updated figure on the country’s daily rice consumption or Piñol has been citing a data, which normally comes from the Philippine Statistics Authority (PSA), that is inaccurate. Hence the non-stop increase in the price of rice in the country.

“We should ask them what’s causing the increasing prices. Either the harvest is not that high or our consumption is increasing. But if the price is high, can the public still eat so much rice? So what is really the harvest? Maybe it’s not that huge,” So said.

“They already said before that the price will go down when the imported rice enters but it didnt. It even went up,” he further said.

At present, the country’s daily consumption requirement is pegged at 32,013 MT or 640,260 bags, which means the country only needs 11.5 million MT of rice a year.

If Piñol is correct about his projected palay harvest, it could be converted to as much as 12.3 million MT of rice, an amount that would grow tremendously once imported stocks started arriving.

With the newly approved importation, the total amount of imported rice that have entered and are set to enter the country would already stand to as much as 2.2 million MT. As of August, the amount of imported rice that already entered the country since January already stood at 1 million MT, based on a data from Bureau of Customs.

“We would end up with so much inventory. We are no longer sure what figure to follow,” So said.

Composed of the country’s major agriculture stakeholders, SINAG was one of the “strong lobbying force” that made House Speaker Gloria Macapagal Arroyo backtrack on her zero import tariff proposal on meat and fish products a few weeks ago.

On Friday, SINAG was joined by other agriculture lobby groups and they all agreed that the entry of more imported food commodities will not temper the rising prices, the suspension of TRAIN will.

Worst, Rafael Mariano, chairman emeritus ng farmers militant group Kilusang Magbubukid ng Pilipinas (KMP), said additional importation could only trigger a decline in the farm-gate price of locally produced palay.

“They should suspend the TRAIN law, specifically the tax on fuel. If the price of fuel goes down, everything will follow such as the cost of production in agriculture. [The economic managers] must eat their pride and admit that it’s the TRAIN law that’s causing this,” So said.

Under TRAIN, the excise tax on gasoline went up to P4.35 a liter. This will further go up by P9 a liter in 2019 and P10 in 2020 as part of the less than one year old tax reform.

“We are also victims of inflation. Our cost of production is getting high. Instead of helping us, they are blaming the agriculture sector. And now they are going to import to solve this, even lobbied for zero tariff,” United Broiler Raisers Association President Elias Jose Inciong said.

If achieved, Piñol’s palay projection of 19.4 million MT will be the highest recorded rice harvest of the country.

According to him, this will be the result of high buying price of both fresh and dry paddy rice, which triggered “a planting frenzy” among rice farmers in the country.

As for NFA, it said the additional importation of 250,000 MT can increase NFA’s active participation in the market by as much as 20 percent.

At the rate things are going in the rice sector and the government, So doubts if the price of rice could even improve towards the latter part of the year.

During the last week of August, price increases in rice were observed in many regional centers in the country, with 10 regional centers exhibiting price mark-ups ranging from P1 to P5 per kilogram for premium rice and well milled rice.

The price of rice of special rice in Baguio also increased by P5 per kilogram and in Tuguegarao City by P1 per kilogram, as per PSA.

https://business.mb.com.ph/2018/09/07/agri-groups-claim-additional-rice-imports-wont-temper-risingprices/

Tablet Coating Machines Market Impressive Gains including key players Robert Bosch, GEA Group, IDEX Tablet Coating Machines Market 

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Global Tablet Coating Machines Market Research Forecast Study to 2022 presents an in-depth strategic assessment of the Tablet Coating Machines. The study highlights influencing factors that are impacting or reinforcing market environment such as Government Policy, Technological Changes etc along with key market drivers. The research study is forecasted taken into consideration the primaries from industry experts and includes key data (revenue, market Size, growth rate, and product price) by important players such as Robert Bosch, GEA Group, I.M.A Industria Macchine Automatiche, IDEX Corporation, The Elizabeth Companies, LMT Group, O’Hara Technologies, Key International, Kg-Pharma Gmbh, Groupe Breteche Industries, Charles Ross & Son Company, Prism Pharma Machinery, Yenchen Machinery, Nicomac Srl, Kevin Process Technologies, Cadmach Machinery, Accura Pharmaquip, Solace Engineers & Zhejiang Hualian Pharmaceutical Machinery and segmented by products such as , Standard Coating Pans, Perforated Coating Pans, Fluidized Bed/Air Suspension Coaters & Other.

Request Sample of Global Tablet Coating Machines Market Insights, Forecast to 2025 @: https://www.htfmarketreport.com/sample-report/1353213-global-tablet-coatingmachines-market-6 This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

The Tablet Coating Machines market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has

been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Tablet Coating Machines.

The research study also provides Global Tablet Coating Machines Sales (K Units) and Revenue (Million USD) by Top manufacturers that includes Robert Bosch, GEA Group, I.M.A Industria Macchine Automatiche, IDEX Corporation, The Elizabeth Companies, LMT Group, O’Hara Technologies, Key International, Kg-Pharma Gmbh, Groupe Breteche Industries, Charles Ross & Son Company, Prism Pharma Machinery, Yenchen Machinery, Nicomac Srl, Kevin Process Technologies, Cadmach Machinery, Accura Pharmaquip, Solace Engineers & Zhejiang Hualian Pharmaceutical Machinery for forecasted period 2017-2022. Each player highlighted in the research study contains companies Basic Information, Manufacturing Base, Sales Area and Its Competitors, in-depth business overview, geographic footprint and contact information. The report contains a comprehensive market and vendor landscape in addition to SWOT Analysis.

If you have a different set of players/manufacturers according to geography we can provide customization accordingly.

Global Tablet Coating Machines (Thousands Units) by Application (2017-2022) CAGR (%)

Market Segment by Application

201 2

201 7

202 2

Market Share (%)2022

State-Owned Pharmaceutical Companies

xx

xx

xx

xx%

xx%

Private Pharmaceutical Companies

xx

xx

xx

xx%

xx%

Total

xx

xx

xx

100%

xx%

(2017-2022)

Browse for Full Report at: https://www.htfmarketreport.com/reports/1353213-globaltablet-coating-machines-market-6 Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Tablet Coating Machines in regions/countries such as United States, Europe, China, Japan & Other Regions, from 2012 to 2022 (forecast).

Market Segment by Regions

201

201

202

Share (%)

CAGR (2017-

2

7

2

2022)

United States

xx

xx

xx

xx%

xx%

Europe

xx

xx

xx

xx%

xx%

China

xx

xx

xx

xx%

xx%

Japan

xx

xx

xx

xx%

xx%

Other Regions

xx

xx

xx

xx%

xx%

Total

xx

xx

xx

xx%

xx%

In addition to this Global Tablet Coating Machines Market Split by Product Type such as , Standard Coating Pans, Perforated Coating Pans, Fluidized Bed/Air Suspension Coaters & Other and also presented nicely through graphs and tables.

The objectives / scope of this 120 pages study is to define, describe, and analyze the Tablet Coating Machines market on the basis of product type, application, and region.

To forecast and analyze the size of market (in terms of value) in key regions, namely, United States, Europe, China, Japan & Other Regions To forecast and analyze the Tablet Coating Machines market at country-level in each region Total sale of Tablet Coating Machines in United States, Europe, China, Japan & Other Regions To strategically analyze each submarket with respect to individual growth trends and its contribution to the Tablet Coating Machines market To analyze opportunities for stakeholders by identifying high-growth segments of the market To provide significant market trends and factors driving or inhibiting the growth of the Global Tablet Coating Machines market and its regional markets To analyze competitive developments and landscape such as expansions, joint ventures, new products launches, mergers and Acquisition.

To strategically profile key players in the market and comprehensively analyze their growth strategies.

Buy Single User License of Global Tablet Coating Machines Market Insights, Forecast to 2025 @ https://www.htfmarketreport.com/buy-now?format=1&report=1353213 There are 15 Chapters to deeply display the Global Tablet Coating Machines market.

Chapter 1, to describe Tablet Coating Machines Introduction, product scope, market overview, market opportunities, market risk, market driving force; Chapter 2, to analyze the top manufacturers of Tablet Coating Machines, with sales, revenue, and price of Tablet Coating Machines, in 2017; Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017; Chapter 4, to show the Global market by regions, with sales, revenue and market share of Tablet Coating Machines, for each region, from 2012 to 2017; Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in United States, Europe, China, Japan & Other Regions; Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application [State-Owned Pharmaceutical Companies & Private Pharmaceutical Companies], from 2012 to 2017; Chapter 12, Tablet Coating Machines market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022; Chapter 13, 14 and 15, to describe Tablet Coating Machines sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-beforebuy/1353213-global-tablet-coating-machines-market-6 Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author: HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact US : Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837 Phone: +1 (206) 317 1218 sales@htfmarketreport.com Connect with us at https://www.linkedin.com/company/13388569/ https://www.facebook.com/htfmarketintelligence/ https://twitter.com/htfmarketreport https://plus.google.com/u/0/+NidhiBhawsar-SEO_Expert?rel=author https://buzengine.com/tablet-coating-machines-market-impressive-gains-including-key-players-robertbosch-gea-group-idex/

RICE NOODLE MARKET OVERVIEW 2018:KEY MARKET INSIGHTS WITH BUSINESS OPPORTUNITIES EXPECTED TO GROW BY 2025

September 9, 2018 Shilpa K Uncategorized Comments Offon Rice Noodle Market Overview 2018:Key Market Insights with Business Opportunities Expected to Grow by 2025

Global Rice Noodle market survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. It provides Detailed understanding of consumption by individual product categories to align your sales and marketing efforts with the latest trends in the market.

The Research begins with the Overview of Global Rice Noodle Market Analysing Industrial Chain, Sourcing Strategy and Downstream Buyers. The Research Also Provide Information about Manufacturers, Market Competition, Cost, Market Effect Factors with Market Forecast (2018-2025). This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly.

This report focus on global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from global and major regions such as Europe, North America, China, Japan, Southeast Asia and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analysed in this report.

Request a Sample of Rice Noodle Market research report from – https://www.marketreportsworld.com/enquiry/request-sample/11829753 Following are the Major Key Players of Rice Noodle Market: JFC International American Roland Food Corp. Eskal Nan Shing Hsinchu Cali Food Nature soy Mandarin Noodle Manufacturing Ying Yong Food Products J.D. Food Products Leong Guan Food Manufacturer Major Topics Covered in Rice Noodle Industry Research Report are as follows: Marketing Strategy Analysis, Distributors/Traders 

Marketing Channel

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Direct Marketing

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Indirect Marketing

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Marketing Channel Development Trend included in Rice Noodle industry

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Market Positioning

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Pricing Strategy

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Brand Strategy of Rice Noodle market

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Target Client

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Distributors/Traders List The Rice Noodle industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Rice Noodle production, supply, sales and market status.

Enquiry for Global Rice Noodle Market Report at: https://www.marketreportsworld.com/enquiry/pre-order-enquiry/11829753 Market Effect Factors Analysis

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Technology Progress/Risk

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Substitutes Threat

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Technology Progress in Rice Noodle Industry

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Consumer Needs/Customer Preference Change

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Economic/Political Environmental Change Purchase Rice Noodle Market Research Report: https://www.marketreportsworld.com/purchase/11829753 Key Points Covered in Rice Noodle Market Report: Global Rice Noodle Market Research Report 2018

Global Rice Noodle Market Competition by Manufacturers Global Rice Noodle Capacity, Production, Revenue (Value) by Region (2018-2025) Global Rice Noodle Supply (Production), Consumption, Export, Import by Region (2018-2025) Global Rice Noodle Production, Revenue (Value), Price Trend by Type Global Rice Noodle Market Analysis by Application Global Rice Noodle Manufacturers Profiles/Analysis Rice Noodle Manufacturing Cost Analysis Industrial Chain, Sourcing Strategy and Downstream Buyers Marketing Strategy Analysis, Distributors/Traders Market Effect Factors Analysis

https://www.fentonpost.com/2018/09/09/rice-noodle-market-overview-2018key-market-insights-withbusiness-opportunities-expected-to-grow-by-2025/

Oil is well as Pakistan takes measures to reduce dependency on imports

Pakistan is the third-largest importer of edible oil, with consumption of soybean and palm oil taking up the largest chunk Updated 08 September 2018 KHURSHID AHMED September 08, 201816:01 

80% of palm oil currently imported from Indonesia for consumption



Authorities to plant trees in an area “most suitable” for palm oil cultivation

KARACHI: With an eye on reducing its dependency on imported edible oil, authorities in Pakistan are taking measures to encourage local production and facilitate the extraction at home.

“The Sindh Coastal Development Authority is in the process of importing an extraction mill for facilitating local farmers to extract palm oil under the public-private partnership program,” Abdul Azeem Uqaili, Director Projects of Sindh Board of Investment, said at a conference on Indonesian Palm Oil organized by the consulate general of Indonesia on Thursday.

Part of the incentives — to be provided to investors in special economic zones — includes a 10year tax holiday and duty-free import of plant and machinery.

FASTFACTS

Pakistan is the third-largest importer of edible oil, with consumption of soybean and palm oil taking up the largest chunk.

The country imported 1,56,718 metric ton of soybean, up 33 percent, during the fiscal year 201718, while import of palm oil stood at 2.84 million ton, according to the Federal Bureau of Statistics.

The consumption of edible oil has seen a steady increase, despite the fact that the local extraction from imported seeds is only around 0.80 million tons – which is 10 percent of the total consumption. “The per capita consumption of edible oil is around 18 kilograms. The total consumption in Pakistan is around 4.5 million tons per year while local,” Abdul Rasheed JanMohammed, vice president of Pakistan Edible Oil Refineries Association, said.

Pakistan imports 82 percent of palm oil from Indonesia while Malaysia contributes to only 18 percent. “We are asking for Crude Palm Oil CPO exports from Indonesia so that we should be able to create much need employment opportunities in the country,” JanMohammed said.

He added that after the import of edible oil, which is worth $1.5 billion, “we hope that Indonesia can support Pakistan in buying rice and other commodities so that our balance of trade and payment can improve”.

Pakistan has planted palm trees near the Thatha area, at an area of 50 acres, and the yields are extraordinary. “Each plant gives an average of 21 bunches and each bunch weighs around 42 kilograms which is extraordinary,” Zamir Hussain Ujjan, Deputy Director of Sindh Coastal Development Authority, told Arab News.

Ujjan said that despite the bounty, there isn’t much scope for profits as “the whole crop is wasted and becomes the feed of wild animals due to a lack of extraction facilities”.

“Malaysian experts recently visited the area and conceded that the potential in Pakistan is more than their country. Similarly, a delegation of China also visited the area and they were also surprised by the output,” he said.

Pakistan plans to plant palm trees on an area of 2.8 million acres — identified as the most suitable for plantation. “We estimate that if the production accedes by 25 percent of 0.8 million acres the country would be able to move us into an exporting position,” Ujjan, who is also directing a palm oil project worth Rs5 million, said.

In Karachi, to explore investment opportunities in the port and shipping sectors, Toto Prianamto, the consul general of Indonesia, said he hopes that the current Preferential Trade Agreement between Pakistan and Indonesia will be upgraded to the Free Trade Agreement FTA before the end of current year.

This, he concluded, will “not only cater to the local market but can be used for export purposes, too.” http://www.arabnews.com/node/1368811/business-economy

Customs Seizes 320kg of Cannabis, 555 Bags of Rice in Sokoto September 9, 2018 4:49 am

Mohammed Aminu in Sokoto The Nigeria Customs Service (NCS), Sokoto Command, has impounded 320 kilogrammes of Indian hemp from illicit drug traders, lamenting the rising activities of the smugglers in the Sokoto axis.

The command, which comprises Sokoto, Kebbi and Zamfara States, also seized 555 bags of rice, 34 bags of sugar and 45 bales of second hand clothing with a duty paid value of over N16 million.

The Area Comptroller of the Command, Mr. Gimba Umar disclosed this at a news conference at yesterday, noting that the illicit goods were intercepted along Argungu/Kangiwa axis, border towns of Kamba, Dole Kaina,Illela as well as Sokoto/Gusau axis.

He explained that the command was able to intercept the illicit goods, following intelligence by officers and cooperation of the police.

Umar noted that one of the smugglers attempted to use misguided youths in order to evade customs officers along Kamba border town in Kebbi state.

He said: “As you are, the culprit made attempt to escape when he sighted our officers on the way.

In fact, he made a detour 200 metres away from the check point and tried to mobilise youths in Bagudo

area

to

fight

our

officers.

“However, the police intervened immediately and assisted our men in recovering the 320 kg f cannabis, though no injury was recorded,” the area commander said.

He acknowledged the synergy between the command and other security agencies in the area culminated in the seizure of the illicit goods.

“The synergy with other sister agencies has been very vital in not only providing us with intelligence but also in the seizure of rice and Indian hemp in the zone.”

Umar warned smugglers to steer clear of the zone, noting that the command would deal decisively with anyone found engaged in such acts.

The new comptroller emphasised that he would give priority to revenue generation, antismuggling and enlightenment of the public on the fiscal policies of the Federal Government.

Umar reiterated his commitment to sustaining the fight against smuggling and illicit trade deal in along the Sokoto-Kebbi-Zamfara axis.

He, therefore, urged the residents of border communities to continue to provide the command with useful information in order to combat smuggling in the zone.

The customs boss also handed over the 320 kg of Indian hemp to the officials of the National Drug and Law Enforcement Agency (NDLEA) for necessary action. https://www.thisdaylive.com/index.php/2018/09/09/customs-seizes-320kg-of-cannabis-555-bags-of-ricein-sokoto/

Global Basmati Rice Market 2018 Share Forecast: KRBL Limited, Best Foods, LT Foods And Amira Nature Foods September 10, 2018 Homer FleenerLeave A CommentOn Global Basmati Rice Market 2018 Share Forecast: KRBL Limited, Best Foods, LT Foods And Amira Nature Foods

The report portraying research of this worldwide market that is Basmati Rice encircles the speedy of expansion of this market for its forecast that is projected.Offering an overview, the report comprises Basmati Rice market size and the estimation of this worldwide market while within the time interval of time. Additionally, it highlights conveying facets for its expansion of their worldwide market that is in addition to players on the market alongside their global Basmati Rice market share.

The worldwide Basmati Rice market report provides invaluable insights on the players impacting the market, for example, their size, industry synopsis, and product offerings.

The Basmati Rice analysis covers the increase in the market players that are well known.

While calculating the expansion of Basmati Rice market players, then it believes their latest improvements in the field.

Request SAMPLE Report at: https://market.biz/report/global-basmati-rice-marketgir/175018/#requestforsample A simple summary of this Basmati Rice industry for example definitions, segmentation, software, leading vendors, economic drivers and economic challenges. The global Basmati Rice market evaluation is provided for the market including competitive landscape evaluation growth tendencies and areas advancement status.

Report Includes Global Basmati Rice Market Segment From Leading/Top Manufacturers are: Dunar Foods, Adani Wilmar, KRBL Limited, HAS Rice Pakistan, Matco Foods, Amira Nature Foods, Galaxy Rice Mill, Sungold, Amar Singh Chawal Wala, Best Foods, Aeroplane Rice, Tilda Basmati Rice, LT Foods, Hanuman Rice Mills and Kohinoor Rice Global Basmati Rice Economy Segmentation with Product Type are: Indian Basmati Rice Pakistani Basmati Rice Kenya Basmati Rice Global Basmati Rice Economy Segmentation with this End Users/Applications are:

Direct Edible Deep Processing To understand market dynamics on the planet mainly, the global Basmati Rice market is examined over significant worldwide places: North America Europe Asia-Pacific South America The Middle East Middle East and Africa Customization of this Basmati Rice Market Report 2018 at:https://market.biz/report/global-basmati-rice-market-gir/175018/#inquiry Key Queries Answered in the Basmati Rice General Market Trends Report: • New entrants inside the global Basmati Rice industry are included; • The controlling facets of this industry are included; • Dependent on the prediction Basmati Rice trends the market-estimations-square step made for its tactical tips inside the company sections; • Region-wise market status is in additionally included; • At the upcoming part, the segmentation of this sector is enclosed; • The industry segmentation is done on most of the attributes by Basmati Rice producttypes is used, applications, the industrial verticals the sector is gaining; • The current industry is likewise region shrewd; • Expansion facets of this Basmati Rice market square step including; • Detailed Basmati Rice business profiles square step included; • The record gets got the overview of this Basmati Rice market that can ease in realizing that the industry concisely; • Many trends like globalization, technology progress, overcapacity in established Basmati Rice market, promote fragmentation regulation & ecological concerns, and also product development are covered in this report.

• Together with the Basmati Rice trend, this section, in addition, comprises the primary points in regards to the chapters and besides the sub-segments, that square step is fabricating the most revenue share over the global Basmati Rice sector.

The continuous changes which are occurring from the Basmati Rice market have caused it to be compulsory the market strategies and aspects. The reader should have the ability to be aware of the essential facets of the Basmati Rice industry, we’ve contained the points of this industry. https://positivesource24.com/2018/09/10/global-basmati-rice-market-2018-share-forecast-krbl/