17th april 2018 daily global regional local rice e newsletter

Rice New Headlines…                       

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PCA loses appeal on wild rice sulfate rule 10,000 bags of rice delivered to MManila Basmati Rice Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2023 Basmati Rice Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2023 Buhari should demand better performance from Customs PHILIPPINES' DUTERTE ORDERS STATE FOOD AGENCY TO BOOST RICE RESERVES NFA Council castrated: Execom formed to handle rice imports When Rice is Worth Gold: Legalization of Golden Rice in the Fight against Poverty Big Y Partnership Boosts U.S.-Grown Rice Sales in March Global Basmati Rice Market 2018 Industry Trends, Sales, Supply, Demand, Analysis & Forecast To 2023 10 types of biryani you must know about Pakistan Loses Iran Market Over Lack of Payment Mechanism Reduced rice, corn output seen for Q1 Pakistan Loses Iran Market Over Lack of Payment Mechanism India to get normal monsoon rains in 2018: IMD Nagpur Foodgrain Prices Open- April 17, 2018 Rice basmati edges up on scattered demand Nagpur Foodgrain Prices Open- April 16, 2018 Tell it to SunStar: Oppose the Golden Rice Project GAO-18-199 Biryani Rice Market: Industry Peers, News & Growth Opportunities 2022 De Oiled Rice Bran Market: Industry Peers, News & Growth Opportunities 2022 Puffed Rice Market 2022 Growth Analysis by Manufacturers, Regions, Type and Application, Forecast Analysis Worldwide Polished Rice Market 2022 by Applications, Geographic Regions, Opportunities, Challenges, Drivers, & Forecast Planted acreage, demand sources dictate ’18 rice market Milltec Machinery gears up for IPO

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News Detail‌ PCA loses appeal on wild rice sulfate rule

By John Myers on Apr 16, 2018 at 7:05 p.m.

Wild rice harvested on Perch Lake on the Fond du Lac Reservation gleams in the sunlight.

(News Tribune file photo) Minnesota's chief administrative law judge has backed an earlier ruling and decided against the Pollution Control Agency on the proposed new rule for sulfate pollution limits for lakes and rivers that hold wild rice.The PCA in late March appealed the January decision by Judge LauraSue Schlatter, who said the PCA's proposed new sulfate rule failed to meet the definition of a state rule and failed to meet the federal Clean Water Act. Schlatter also said the PCA didn't properly consider concerns raised by tribal groups.

But Chief Administrative Law Judge Tammy Pust has ruled that Schlatter's decision disapproving the PCA sulfate standard was correct. In a 16-page response to the PCA filed Thursday, Pust said the sulfate rule "remains disapproved,'' and that the PCA has not corrected the defects raised by Schlatter's original decision.

A PCA spokesman Monday said the agency was aware of Pust's decision but had no comment.

The PCA has proposed ending a decades-old standard of 10-parts-per-million for all sulfate pollution into wild rice lakes and rivers. Instead, the agency wants to replace it with a sulfate limit based on the chemistry of each waterway.Schlatter ruled against repealing the existing statewide 10-parts-per-million limit due to the PCA's "failure to establish the reasonableness of the repeal, and because the repeal conflicts" with the federal Clean Water Act. She said the PCA plan to develop "equation-based" limits for specific lakes and rivers that hold wild rice "fails to meet the definition of a rule" under state law "and is unconstitutionally void for vagueness."

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Schlatter also rejected the PCA's preliminary list of 1,300 lakes and rivers where the agency believes viable wild rice stands exist, places where the new rules would have applied, because the list itself violated federal law.

In filing their appeal in March, PCA officials said the judge simply erred in applying the Clean Water Act, noting that using equations to determine limits is a common practice in rulemaking for pollution standards. "We think the law judge misread the Clean Water Act," said John Linc Stine, PCA commissioner, at the time the appeal was announced.

Industry groups have panned the PCA prospal as too strict. Environmental groups say it doesn't protect wild rice enough.

It's not clear what the PCA's next move is. The agency could either rework the proposed sulfate rule to satisfy the administrative law judge's concerns or bypass the administrative law judge decision and take the issue to the state Legislative Coordinating Commission.

But, already, some state lawmakers have sought to stop the agency from enforcing any new rule as well as eliminate the old sulfate rule, saying they are too costly and could cripple the state's taconite iron ore industry as well as cost some water treatment plants millions of dollars to comply with.

Scientists have found that sulfate — which can come from sewage effluent, mine discharges and other industrial processes — is converted to sulfides in the sediment of many wild rice lakes and rivers. The rate of that conversion changes depending on the amount of carbon and iron in the water (generally, more sulfides with high carbon, fewer sulfides with high iron). It's those sulfides that harm wild rice in some areas; the proposed new rule would study the water chemistry of each wild rice lake and river to determine what sulfate pollution level they could handle and still grow wild rice.The PCA says about 135 facilities are within 25 miles upstream of wild rice waters and would be the most likely ones affected by any sulfate rule enforcement. https://www.duluthnewstribune.com/news/4432616-pca-loses-appeal-wild-rice-sulfaterule

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10,000 bags of rice delivered to MManila

BY FRANCIS EARL CUETO, TMT ON APRIL 17, 2018 THE rice supply got a much-needed boost as some 10,000 bags of regular milled rice, to be sold at P39 per kilo, were delivered to Metro Manila by traders on Monday.A total of 17 cargo trucks of grain, each with 400 to 800 bags of rice from Nueva Ecija province, were delivered to the National Food Authority (NFA) warehouse in Quezon City. Victor del Rosario, president of the Nueva Ecija Rice Millers Association, said areas that were running low on supply of government-subsidized rice would be prioritized for delivery.

The government is moving to ensure enough supply of affordable rice after the NFA said its buffer was running short. The traders will continue to supply rice until grains to be imported by the NFA to ease the shortage becomes available.

Del Rosario said this was the Nueva Ecija Rice Millers‘ Associations‘ promise to President Rodrigo Duterte – for them to lead the selling of cheap commercial rice to prove that they were the new rice granary of the country. ―Our commitment to our President has arrived here in Metro Manila. Retailers will sell this for P39 a kilo. We thank God today for the blessing he has given the Nueva Ecija Rice Millers Associations that paved the way for us to provide Metro Manila with rice to sell at P39 per kilo,‖ Amelito Coronel, president of the Nueva Ecija Rice Millers Association, told reporters in Filipino.

Several pilot service outlets have started selling the low-priced commercial rice in Quezon City markets. Outlets will also open at Commonwealth Avenue, Litex, Silangan, Payatas and Tondo Talipapa.All other markets in Metro Manila will sell the same variety and at the same price starting on April 18. Aside from Nueva Ecija, Bulacan and Isabela were also committed to deliver 100,000 sacks of rice each for a total of 300,000 sacks.

Grains Retailers Associations of the Philippines, Inc. president James Magbanua said rice traders might limit sale of rice to 3 kilograms per customer to stretch supplies.The NFA‘s importation of 250,000 metric tons of rice from Vietnam and Thailand is expected to arrive in May through the ports in Cebu, Davao and Manila. ―The NFA is finalizing the Terms of Reference (TOR) for the immediate importation of 250,000 metric tons of rice approved by President Duterte to bring back the P27 and P32 a kilo NFA rice into the markets nationwide,‖ the grains agency said. Buffer stock of rice is kept in the NFA warehouse to ensure ample supply and to make sure that there will be no spike in prices.

The NFA is mandated to have a buffer stock of 15 days during regular months, and 30 days during lean months.Also on Monday, a lawmaker urged President Duterte to donate the confiscated 1,395 metric tons of rice off the coast of Zamboanga Sibugay to the NFA.

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Rep. Orestes Salon of Agri party-list made the call after Naval Task Force 61 of the Naval Forces Western Mindanao seized a foreign cargo vessel loaded with 27,180 sacks or of rice or 1,359 metric tons of rice from Vietnam. http://www.manilatimes.net/10000-bags-of-rice-delivered-to-mmanila/393120/

Basmati Rice Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2023 April 16, 2018 - by mangesh

Basmati Rice Market report presents a detailed analysis of the industry by size, growth rate, key players, regions, product types & applications. Basmati Rice Market report evaluates key factors that affected market growth and with the help of previous figures, this report elaborates current scenario and forecast of Basmati Rice industry to 2023.

The Basmati Rice Market report displays the Production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Basmati Rice industry in USA, EU, China, India, Japan and other regions, and forecast to 2023, from 2018.

The Scope of Basmati Rice Market Report:     

Introduction to Basmati Rice Industry Overview of Basmati Rice Industry Basmati Rice Industry Development Factors Analysis Imports and Exports Market Analysis Basmati Rice Market forecasts from 2018-2023, including market volumes, Value ($), Consumption is provided by regions, by types, and by applications.

Ask for Sample Copy of Report @ http://www.360marketupdates.com/enquiry/requestsample/11611385 On the basis of Product, Basmati Rice market report displays the production, revenue, price, market share and growth rate of each type: Indian Basmati Rice, Pakistani Basmati Rice, Kenya Basmati Rice, Other.

On the basis on the end users/applications, Basmati Rice market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including: Direct Edible, Deep Processing.

Basmati Rice Market competition by top manufacturers/players, with Basmati Rice sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including: Krbl Limited, Amira Nature Foods, Lt Foods,

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Best Foods, Kohinoor Rice, Aeroplane Rice, Tilda Basmati Rice, Matco Foods, Amar Singh Chawal Wala, Hanuman Rice Mills, Adani Wilmar, Has Rice Pakistan, Galaxy Rice Mill, Dunar Foods, Sungold.

Along with Basmati Rice industry research analysis, the buyer also gets valuable information about global Basmati Rice Production and its market share, Revenue, Price and Gross Margin, Supply, Consumption, Export, import volume and values for following Regions:         

USA Europe Japan China India Southeast Asia South America South Africa Others

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Basmati Rice Industry Overview: Product Overview of Basmati Rice, Classification and Application, Market Opportunities, Industry News and Policies by Regions Basmati Rice Competitions by Players: Basmati Rice Sales (Unit) and Market Share (%), Revenue (Million USD) and Share, Gross Margin by Players (2016-2018) Basmati Rice Market Competitions by Types & by Applications: Basmati Rice Revenue (Million USD) and Share, Price (USD/Unit) by Type (2013-2018), Basmati Rice Sales (Unit) and Market Share (%), Revenue (Million USD) and Share, Price (USD/Unit) by Application (2013-2018) Competitive Landscape: Competitive Profile, Company Profiles, Basmati Rice Product Introduction, Company Production, Value ($), Price, Gross Margin, Market Shares Segmented by Region.

Basmati Rice Market Forecast: Basmati Rice Industry forecast from 2018-2023 byTypes, Applications & Regions.

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Basmati Rice Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2023 April 16, 2018 - by mangesh

Basmati Rice Market report presents a detailed analysis of the industry by size, growth rate, key players, regions, product types & applications. Basmati Rice Market report evaluates key factors that affected market growth and with the help of previous figures, this report elaborates current scenario and forecast of Basmati Rice industry to 2023.

The Basmati Rice Market report displays the Production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Basmati Rice industry in USA, EU, China, India, Japan and other regions, and forecast to 2023, from 2018.

The Scope of Basmati Rice Market Report:     

Introduction to Basmati Rice Industry Overview of Basmati Rice Industry Basmati Rice Industry Development Factors Analysis Imports and Exports Market Analysis Basmati Rice Market forecasts from 2018-2023, including market volumes, Value ($), Consumption is provided by regions, by types, and by applications.

Ask for Sample Copy of Report @ http://www.360marketupdates.com/enquiry/requestsample/11611385 On the basis of Product, Basmati Rice market report displays the production, revenue, price, market share and growth rate of each type: Indian Basmati Rice, Pakistani Basmati Rice, Kenya Basmati Rice, Other.

On the basis on the end users/applications, Basmati Rice market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including: Direct Edible, Deep Processing.

Basmati Rice Market competition by top manufacturers/players, with Basmati Rice sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including: Krbl Limited, Amira Nature Foods, Lt Foods, Best Foods, Kohinoor Rice, Aeroplane Rice, Tilda Basmati Rice, Matco Foods, Amar Singh Chawal Wala, Hanuman Rice Mills, Adani Wilmar, Has Rice Pakistan, Galaxy Rice Mill, Dunar Foods, Sungold.

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Along with Basmati Rice industry research analysis, the buyer also gets valuable information about global Basmati Rice Production and its market share, Revenue, Price and Gross Margin, Supply, Consumption, Export, import volume and values for following Regions:         

USA Europe Japan China India Southeast Asia South America South Africa Others

If you have any special requirements, please let us know and we will offer you the report as you want.

For More Information about Basmati Rice Market Report, Contact to Expert @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/11611385 Some of the Important topics in Basmati Rice Market Research Report:   

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Basmati Rice Industry Overview: Product Overview of Basmati Rice, Classification and Application, Market Opportunities, Industry News and Policies by Regions Basmati Rice Competitions by Players: Basmati Rice Sales (Unit) and Market Share (%), Revenue (Million USD) and Share, Gross Margin by Players (2016-2018) Basmati Rice Market Competitions by Types & by Applications: Basmati Rice Revenue (Million USD) and Share, Price (USD/Unit) by Type (2013-2018), Basmati Rice Sales (Unit) and Market Share (%), Revenue (Million USD) and Share, Price (USD/Unit) by Application (2013-2018) Competitive Landscape: Competitive Profile, Company Profiles, Basmati Rice Product Introduction, Company Production, Value ($), Price, Gross Margin, Market Shares Segmented by Region.

Basmati Rice Market Forecast: Basmati Rice Industry forecast from 2018-2023 byTypes, Applications & Regions.

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https://businessservices24.com/568876/basmati-rice-market-overview-industry-top-manufactures-marketsize-industry-growth-analysis-forecast-2023/

Buhari should demand better performance from Customs April 17, 2018 File: Comptroller-General, Nigeria Customs Service, Col. Hameed Ali (retd.), displaying some of the seized 661 Pump-Action rifles in Lagos. Photo: NAN WITHIN the last three years, six million people have embraced rice farming to increase the number to 11 million, thereby leading to over 90 per cent drop in the product’s import. This revolutionary turnaround should be protected if the current effort to escape from the rice trap is to become irreversible.

Rice, a staple in every home, drained Nigeria’s foreign reserves to the tune of $1.65 billion annually, until September 2017, says the Minister of Information and Culture, Lai Mohammed. The country had up to September 2015 been importing 644,131 metric tons annually from Thailand, as against the current 20,000 metric tons.

However, this gain is being threatened by our neighbours, especially Cameroon and Benin Republic, with their zero and five per cent tariffs respectively on imported rice. The minister lamented last week that these tariff regimes exposed Nigeria to a flood of smuggled rice.

In graphic terms, he painted the picture in Benin thus, “The total demand for white rice is 400,000 metric tons. Yet, the country with a population of about 11 million, imports between one million and 1.2 million metric tons annually.” This means that over 600,000 metric tons of the rice ends up in the Nigerian market. A bag of this rice costs between N11,000 and N13, 000, as against Nigeria’s parboiled variety sold at N14,500 or N15,000 per 50kg bag. Under attack is not only the price, but millions

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of direct and indirect jobs the rice revolution has generated and the over N250 billion investment in the sector.

Smuggling thrives in an environment of inadequate legal framework and ineffective enforcement. Fighting this menace will need to go beyond the public enlightenment the ministry envisages to highlight the inherent health hazards in eating smuggled rice. Experts say much of the imported rice had been in silos of the countries of origin as strategic grains reserves for about nine years, only to be pushed to foreign markets as they were about to expire.

An effective antidote will require a strong policy response from the Federal Government and the Nigeria Customs Service. The Comptroller -General of Customs, Hameed Ali, should come up with extraordinary measures on border patrol to fatally crush the rice smuggling syndicates. The borders are too porous; and matters are worsened by corruption of customs officials. Trans -border customs cooperation needs to be pursued.

The investors, who had hearkened to the Federal Government’s advice to hug rice farming, recently expressed concern about the safety of their huge investments. The Managing Director of Agro Nigeria, an indigenous coalition, Richard -Mark Mbaram, said recently that the degree of the threat from Cameroon, Benin and Niger, could only be contained by a declaration of economic war. Without equivocation, Mbaram said, “So, Nigeria needs to take definite and radical measures. There’s no point playing the big brother on issues like this anymore. It is about our life as a nation.” Nothing could be more forthright.

In retrospect, Nigeria had taken similar action in 2003 when it shut its border with Benin Republic because of unremitting cross-border banditry and smuggling led by a notorious car snatcher, Amani Tijani. This compelled Beninoise authorities to swing into action. The underworld kingpin was arrested and handed over to Nigerian authorities for trial.

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Ongoing trade disputes between the United States and China show that countries do not fold their arms when their economies are being threatened. A few days after the US released a list of 1,300 Chinese goods to attract higher tariffs, totalling about $50 billion, China swiftly responded with counter-measures: 128 US products are to attract 25 per cent tariff hike. The US has a trade deficit of $375 billion, and President Donald Trump wants a cut of about $100 billion from this imbalance.

President Muhammadu Buhari, who bemoaned the country’s 2.6 million me tric tons of rice production annually, as against the estimated 6.1 million metric tons, when he launched the dry season farming and the Central Bank of Nigeria Anchor Borrower Programme in November 2015, should learn from the 2003 tough message to Benin and US-China trade war and act decisively.

Massive rice production is the most successful outcome from the Economic Recovery and Growth Plan document aggressively aided by the CBN scheme. Under the policy, farm inputs and cash are given to small-holders farmers to boost the exponential production in paddy rice, which the minister said had spiked from four million metric tons to seven million metric tons in the past three years.

Besides, corporate giants such as Dangote Group and Coscharis, among others, have stepped in. For instance, in 2016, the Dangote Group launched its Dangote Rice Out growers Scheme in Jigawa State. This started with 200,000 hectares that involved 5,000 farmers who received treated rice seedling to expand to 800,000 hectares within three years. Host communities are to benefit more than 10,000 direct and indirect jobs from the project.

Conscious of the reality that rice is a product with a ready market, of which Nigeria is the biggest in Africa, all states are now competing in rice product ion. A survey conducted by the Ahmadu Bello University, Zaria, in conjunction with the Agricultural Development Projects and Federal Department of Agricultural Extension, showed that Niger State led in rice production in 2017 with 545,700

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metric tons, Kogi was second with 512,610 metric tons and Benue ranked third with 486,620 metric tons.

The dent on our rice import bill is already being felt by Thailand rice farmers, who have visited Nigeria, seeking the approval of the authorities to start rice milling here. Caution is needed here. The value chains from rice farming – processing, storage, logistics, jobs, wealth creation and foreign exchange conservation among others – are so huge to be trifled with or traded off. Act now, Buhari. http://punchng.com/buhari-should-demand-better-performance-from-customs/

PHILIPPINES' DUTERTE ORDERS STATE FOOD AGENCY TO BOOST RICE RESERVES 4/16/2018 MANILA, April 17 (Reuters) - Philippine President RodrigoDuterte has directed the country's food security agency to buildup its rice buffer stock to the equivalent of 60 days ofnational consumption, by buying more locally-produced grains andimported varieties, the agriculture minister said on Tuesday.A 60-day buffer stock would be equivalent to a reserve of asmuch as 1.92 million tonnes. The National Food Authority (NFA),the agency in charge of ensuring stable rice supply, had aninventory of only 43,500 tonnes, or less than 2 days of national consumption, as of last month.The NFA is under increasing pressure to beef up its riceinventory, which has been almost depleted in the absence of fresh purchases.

The Philippines, a frequent rice importer, saw domestic prices of the staple grain increase in recent weeks as the NFAcould not provide the local market with cheap rice.Higher rice prices added pressure to Philippine inflation,which quickened to an annual pace of 4.3 percent in March, thefastest in at least five years.

"Buy from the Filipino farmers first and if you could notfind sufficient stocks to be bought at the price approved by theNFA Council, that's the time you source it through importation,"Duterte told NFA management on Monday night, according toAgriculture Secretary Emmanuel Piñol.

In a meeting with the NFA Council, Duterte also directedFinance Secretary Carlos Dominguez to help provide funds forNFA's local rice procurement program, saying he would like theagency's warehouses "filled to the roof" to ensure sufficientsupply, Piñol said.

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The council, composed of government economic managers, hasapproved the purchase by NFA of 250,000 tonnes via a tender opento international traders and suppliers, for delivery startingMay, ahead of the lean domestic harvest season from July.

The NFA is also set to buy another 250,000-tonne volume in agovernment-to-government deal with Vietnam or Thailand, fordelivery starting next month.

Duterte has also directed the NFA to increase its buyingprice for local rice so it could rack up its needed bufferstocks, Piñol said in a statement posted on his Facebookaccount.

(Reporting by Enrico dela Cruz; Editing by Sunil Nair) http://about.reuters.com/fulllegal.asp https://www.agriculture.com/markets/newswire/philippines-duterte-orders-state-foodagency-to-boost-rice-reserves

NFA Council castrated: Execom formed to handle rice imports Last updated Apr 17, 2018

The National Food Authority (NFA) Council has become a weak body with the creation of an Executive Council Committee (Execom) that will be in charge of auctioning permits for rice importation, Politiko has learned.Politiko‘s source said the decision to create an executive committee was reached during President Rodrigo Duterte‘s meeting with select Cabinet Secretaries and high

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ranking government officials Monday night (April 16).The executive committee will be led by Agriculture Undersecretary Berna Romulo Puyat. Its other members will come from the Office of the President, NFA and Department of Finance.

Politiko‘s source said the Execom was created to ensure there will be no corruption in rice importation.All import permits for rice will be auctioned off so it‘s useless for interested parties to approach government officials to bag the contracts.

The bidder which offers the highest service fee wins the import permit.

In a statement, Presidential Spokesperson Harry Roque said Duterte has approved the government-togovernment importation of 250,000 metric tons of rice but subsequent importation will be done through government to private sector. http://politics.com.ph/nfa-council-castrated-execom-formed-to-handle-rice-imports/

When Rice is Worth Gold: Legalization of Golden Rice in the Fight against Poverty Vijay Jayaraj | Apr 16, 2018 12:37 PM The opinions expressed by columnists are their own and do not represent the views of Townhall.com.

Golden Rice was declared safe for consumption by Canada recently. This has huge implications for the rest of the world, where Golden Rice can be vital resource in tackling vitamin A deficiency and malnutrition. Genetically modified (GM) crops are engineered to display traits that are otherwise absent or subdued in natural crops. For example, gene modification results in crops that are highly resistant to diseases and more accustomed to extreme weather conditions. Sometimes, these crops also contain increased nutritional value.Golden Rice, also known as Provitamin A Biofortified Rice Event GR2E, has strikingly higher levels of Provitamin A than other commercially available rice varieties. The name may have been derived from its golden yellow color, but it is certainly more valuable to our food security than gold.

Being a powerful antioxidant, Vitamin A plays a key role in growth, reproduction, eyesight and immune system health. Vitamin A deficiency is more prevalent in developing countries, where it causes preventable childhood blindness and amplifies the risk of death from other common childhood illnesses such as diarrhea.

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Golden Rice can certainly reduce the magnitude and frequency of Vitamin A deficiency as it acts as a Vitamin A supplement. The rice can thus act as a preventive element against the death and disease due to vitamin A deficiency in developing countries.

However, GM crops such as Golden Rice face constant opposition from anti-GM crusaders who accuse these crops of being dangerous to human health.

The claims of anti-GM groups are false and baseless. Particularly, their accusations on Golden Rice lack scientific credibility, besides acting as a major hurdle in the fight against malnutrition and global food insecurity.

On March 16, Health Canada—the department of the government of Canada with responsibility

for national public health—approved the genetically engineered Golden Rice as safe for human consumption.

It was a pleasant coincidence that Golden Rice was approved just a week before the birthday of Norman Borlaug—the man who revolutionized the use of GM crops, eventually helping billions of people afford a daily meal and sustaining billions of lives to this day.

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This approval comes after a robust scientific assessment done by scientists with expertise in molecular biology, microbiology, toxicology, chemistry, and nutrition.

The assessment complied with scientific principles approved internationally by the World Health Organization (WHO), the Food and Agriculture Organization of the United Nations (FAO), the Organization for Economic Co-operation and Development (OECD), and the regulatory bodies in the United States, the European Union, Australia, and Japan.

The assessment results showed that Golden Rice had the same nutritional property as other commercially available rice varieties, except for the increased provitamin A levels. Further, it displayed no new risk to human health and has no potential to create or amplify allergies.

Unlike Health Canada‘s robust scientific assessment, the claims of anti-GM advocacy groups fall short of credibility, as they have been in the past.

The approval of Golden Rice by Health Canada is a lethal blow to one of the many myths that are propagated by anti-GM activists. Developing countries should seize the momentum by declaring Golden Rice safe for consumption in their respective countries. https://townhall.com/columnists/vijayjayaraj/2018/04/16/when-rice-is-worth-gold-legalization-ofgolden-rice-in-the-fight-against-poverty-n2471409

Big Y Partnership Boosts U.S.-Grown Rice Sales in March

By Cameron Jacobs

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ARLINGTON, VA -- This past March, USA Rice partnered with retail dietitians at supermarket chain Big Y to promote U.S.-grown rice across more than seventy grocery stores in Massachusetts and Connecticut. Big Y rice promotions were part of their Living Well Eating SmartÂŽ nutrition program, and included sales promotions, in-store signage, social media posts, and more.

The promotion kicked off with an article on Big Y's Living Well Eating Smart blog and newsletter featuring USA Rice's recipe for an Orange Chicken and Vegetable Rice Bowl. Thirty-five thousand copies of the newsletter were distributed in stores and the article was also added to Big Y's website and promoted throughout the month on social media, garnering 225,000 impressions.

The supermarket chain's sales promotion, which ran from March 8-21, included both U.S.grown rice and Think Rice messaging featured in Big Y's Weekly Circular which reaches more than one million customers, and in-store signage on aisles to encourage sales. Data from the two-week promotion shows an increase of 49 percent in sales of Big Y brown long grain rice when compared to the same sale price in February.

"The sales data speaks for itself," said Michael Klein, USA Rice vice president for domestic promotion. "The combination of an in-store sales promotion, printed and digital features, and

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social media posts by the RDs at Big Y has proven to be a winning formula that actually moves the needle in sales of U.S.-grown rice. USA Rice will continue to replicate this strategy as future opportunities with retail chains occur."

USA Rice

Global Basmati Rice Market 2018 Industry Trends, Sales, Supply, Demand, Analysis & Forecast To 2023 PUNE, INDIA, April 12, 2018 /EINPresswire.com/ -- Global Basmati Rice Industry In the Global Basmati Rice Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

It covers Regional Segment Analysis, Type, Appliction, Major Manufactures, Industry Chain Analysis, Competitive Insights and Macroeconomic Analysis.

Request a Sample Report @ https://www.wiseguyreports.com/sample-request/3106087-globalbasmati-rice-industry-market-analysis-forecast-2018-2023 The Major players reported in the market include: McCormick & Co. Inc. LT Foods Ltd. The Hain Celestial Group Inc. Estraco Kft. East End Foods The Rice 'n Spice Int. Ltd. KRBL Ltd. Amira Nature Foods Ltd. Mars Inc. Global Basmati Rice Market: Regional Segment Analysis North America Europe China Japan Southeast Asia India Global Basmati Rice Market: Product Segment Analysis Raw

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Parboiled Steamed Global Basmati Rice Market: Application Segment Analysis Direct Edible Deep Processing Application 3 Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restraining market growth It provides a six-year forecast assessed on the basis of how the market is predicted to grow It helps in understanding the key product segments and their future It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments Global Basmati Rice Industry Market Analysis & Forecast 2018-2023 Chapter 1 Basmati Rice Market Overview 1.1 Product Overview and Scope of Basmati Rice 1.2 Basmati Rice Market Segmentation by Type in 2016 1.2.1 Global Production Market Share of Basmati Rice by Type in 2016 1.2.1 Raw 1.2.2 Parboiled 1.2.3 Steamed 1.3 Basmati Rice Market Segmentation by Application in 2016 1.3.1 Basmati Rice Consumption Market Share by Application in 2016 1.3.2 Direct Edible 1.3.3 Deep Processing 1.3.4 Application 3 1.4 Basmati Rice Market Segmentation by Regions 1.4.1 North America 1.4.2 China 1.4.3 Europe 1.4.4 Southeast Asia 1.4.5 Japan 1.4.6 India 1.5 Global Market Size (Value) of Basmati Rice (2013-2023) 1.5.1 Global Product Sales and Growth Rate (2013-2023) 1.5.2 Global Product Revenue and Growth Rate (2013-2023) Chapter 2 Global Economic Impact on Basmati Rice Industry 2.1 Global Macroeconomic Environment Analysis

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2.1.1 Global Macroeconomic Analysis 2.1.2 Global Macroeconomic Environment Development Trend 2.2 Global Macroeconomic Environment Analysis by Regions ………

Chapter 8 Global Basmati Rice Manufacturers Analysis 8.1 McCormick & Co. Inc. 8.1.1 Company Basic Information, Manufacturing Base and Competitors 8.1.2 Product Type, Application and Specification 8.1.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.1.4 Business Overview 8.2 LT Foods Ltd. 8.2.1 Company Basic Information, Manufacturing Base and Competitors 8.2.2 Product Type, Application and Specification 8.2.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.2.4 Business Overview 8.3 The Hain Celestial Group Inc. 8.3.1 Company Basic Information, Manufacturing Base and Competitors 8.3.2 Product Type, Application and Specification 8.3.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.3.4 Business Overview 8.4 Estraco Kft. 8.4.1 Company Basic Information, Manufacturing Base and Competitors 8.4.2 Product Type, Application and Specification 8.4.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.4.4 Business Overview 8.5 East End Foods 8.5.1 Company Basic Information, Manufacturing Base and Competitors 8.5.2 Product Type, Application and Specification 8.5.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.5.4 Business Overview 8.6 The Rice 'n Spice Int. Ltd. 8.6.1 Company Basic Information, Manufacturing Base and Competitors 8.6.2 Product Type, Application and Specification 8.6.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.6.4 Business Overview 8.7 KRBL Ltd. 8.7.1 Company Basic Information, Manufacturing Base and Competitors 8.7.2 Product Type, Application and Specification 8.7.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.7.4 Business Overview 8.8 Amira Nature Foods Ltd. 8.8.1 Company Basic Information, Manufacturing Base and Competitors

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8.8.2 Product Type, Application and Specification 8.8.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.8.4 Business Overview 8.9 Mars Inc. 8.9.1 Company Basic Information, Manufacturing Base and Competitors 8.9.2 Product Type, Application and Specification 8.9.3 Production, Revenue, Price and Gross Margin (2013-2018) 8.9.4 Business Overview Continued‌.

Complete Report Details @ https://www.wiseguyreports.com/reports/3106087-global-basmatirice-industry-market-analysis-forecast-2018-2023

Norah Trent WiseGuy Research Consultants Pvt. Ltd. +1 646 845 9349 / +44 208 133 9349 https://agriculture.einnews.com/pr_news/441629889/global-basmati-rice-market-2018-industrytrends-sales-supply-demand-analysis-forecast-to-2023?n=2&code=VuZLay2YinrVF2-0

10 types of biryani you must know about DECCAN CHRONICLE PublishedApr 16, 2018, 2:42 pm IST UpdatedApr 16, 2018, 3:22 pm IST

From the Hyderabadi, Calcutta to the Tehari, we list the types of biryani popular across India.

The Biryani, a mixed rice dish that has been adored and adorned across kitchens in India, however, has a mysterious past. (Photo: Pixabay) Here‘s one food that both unites and divides us and yet ties us all together in its aromatic fervour.

The Biryani, a mixed rice dish that has been adored and adorned across kitchens in India, however, has a mysterious past.

In North India, different varieties of biryani developed in the Muslim centers of Delhi (Mughlai cuisine), Lucknow (Awadhi cuisine) among other small places. In South India, where rice is more widely used as a staple food, several distinct varieties of biryani emerged from Telangana (specifically Hyderabad), Tamil Nadu ( Ambur ), Kerala (Malabar), and Karnataka.

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Here are 10 types of biryani you must know about:

Hyderabadi Biryani: Believed to have had originated from the kitchen of Hyderabad;s Nizam, the rice dish here can be of two types – Kacchi and Pakki. The Pakki rendition involves cooking the basmati rice and meat separately and then layering them into a mouth watering finish, while the kacchi Hyderabadi Biryani is made from the raw marinated meat (chicken or lamb) placed between the layers of basmati rice infused with saffron, onions and dried fruits, both are slow-cooked in a dough-sealed earthen pot over charcoal fire.

Lucknowi Biryani: The ‗Awadhi‘ or Lucknowi Biryani is cooked in its dum pukht style.

The meat (or chicken) infused with spices is partially cooked separately from rice, which is flavoured with saffron, star anise and cinnamon. They are then layered together in a handi (deep-bottomed vessel) and cooked for hours until the flavours deeply penetrate creating a mild flavoured dish.

Calcutta Biryani: While it traces its origin back to the Awadhi style, it is characterised by subtle flavours with a tinge of sweetness and more sparing use of spices, it is cooked with light yellow rice, which is layered with yogurt-based meat, soft boiled eggs and potatoes.

Thalassery Biryani: Hailing from the Malabar region, the Thalassery Biryani makes use of an indigenous variety of rice – Khyma or Jeerakasala – instead of the basmati rice that is used traditionally. They also use Malabar spices, meat or chicken, fried onions, fennel seeds, sauteed cashews and raisins. The rice is cooked separately from the meat, and mixed together only at the time of serving.

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Bombay Biryani: It is composed of chicken (mutton or vegetables), fried and spiced potatoes, kewra water (screw pine) and dried plums and has a distinctive sweet, tangy and aromatic flavour.

Sindhi Biryani: Originating in Sindh province (now part of Pakistan), this biryani is made from the generous use of chopped chillies, roasted spices, mint and coriander leaves, onions, nuts, dried fruits and sour yogurt, making the flavour piquant and aromatic. Plums and potatoes are also added to this dish.

Kalyani Biryani: The ‗Poor man‘s Hyderabadi biryani‘ consists of buffalo meat and an array of spices, coriander and tomatoes.

Dindigul Biryani: Found in Chennai, it is strong and tangy in flavour, which is derived from curd and lemon, mixed with cube-sized meat (mutton or chicken) and jeera samba rice.

Ambur Biryani: This version of the biryani sees the meat being soaked in curd and flavoured with coriander and mint, and then added to the cooked Seeraga samba rice, along with other spices. This is one dish that is often accompanied by a brinjal curry.

Tehari Biryani: Tehari biryani is served both with or without red meat. Legend has it that this biryani was created for the vegetarian Hindu bookkeepers at the Mughal court, and since then, it has become one of the popular dishes among vegetarians across the North India region and consists of potatoes, carrots, several veggies and an array of spices https://www.deccanchronicle.com/lifestyle/food-and-recipes/160418/10-types-of-biryani-you-mustknow-about.html

Pakistan Loses Iran Market Over Lack of Payment Mechanism The absence of a credible payment mechanism remains the major irritant in Iran-Pakistan trade.

International sanctions, particularly those imposed by the US and European Union in 2010, targeted Iranian banks. Sanctions prevented Pakistani banks from doing business with their Iranian counterparts including the opening of letters of credit, which is the most conventional method for carrying out international trade transactions, Pakistani newspaper The Express Tribune reported. Trade was conducted through alternative payment mechanisms of limited scope, such as cash and to a certain extent through barter.

The absence of banking channels cast a pall over Pakistan-Iran trade, which nosedived from $1.16 billion in 2009-10 to $318.69 million in 2015-16. Pakistan‘s exports to Iran fell from $207.19 million to $35.48 million while imports from Iran decreased from $962.13 million to $283.21 million over this period, according to data compiled by the Pakistan Bureau of Statistics.

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The July 2015 nuclear deal between Iran and world powers paved the way for the lifting of most of the international sanctions on Tehran and generated expectations for the revival of Pakistan‘s trade with Iran. However, there was a bee in the bonnet.

Some continuing US sanctions barred American companies from doing business with Iranian banks. A concession was granted to the aviation sector to enable the US giant Boeing to sell aircraft to Iran. The LC mechanism involves not only banks in the importing and exporting countries, but also an intermediary or correspondent bank, normally the US or EU-based, through which transfer of funds takes place. Since most of Pakistan‘s international trade transactions are denominated in American dollars, Pakistani banks have continued to shy away from entertaining Iran-related LCs fearing a backlash from Washington.

The Banking and Payment Arrangement between the central banks of Iran and Pakistan, signed in April 2017, represented an attempt to overcome the LC problem. The arrangement calls on authorized banks in the two countries to undertake trade transactions denominated in euro or yen on a reciprocal basis. The two central banks will act as intermediary banks. The agreement left it to the banks in Pakistan to present themselves for carrying out transactions with their Iranian counterparts. However, Pakistani banks remain reluctant to do business with Iranian banks.

Adverse views of US President Donald Trump about the Iran nuclear agreement have also made the Pakistani banks more cautious about opening LCs for Iran. Not surprisingly, bilateral trade has not taken off in the wake of the lifting of sanctions on Iran. In 2016-17, bilateral trade was $300 million, including $29 million of exports from Pakistan and $271 million of imports from Iran.

Indian Example Despite the sanctions, Iran‘s other trading partners, notably India, were able to put in place an alternative payment mechanism to sustain their trade with Iran. The payment mechanism set up by India and Iran was a blend of barter and normal banking channels. Iran opened an Indian rupee account in a small bank in India. The payment for Indian imports from Iran, which mainly consisted of crude oil, was deposited in the account. When Indian exporters sold merchandise, which comprised mainly rice, chemicals and textiles, to Iran, they received their payment from the balance held in that account.

The arrangement worked and India-Iran trade remained steady during the sanctions. As per Comtrade data, from $13.6 billion in 2010 ($11.1 billion of Iranian exports and $2.5 billion of Indian exports), bilateral trade increased to $15.6 billion in 2014 ($11.2 billion of Iranian exports and $4.2 billion of Indian exports), before falling to $9.3 billion in 2015 ($6.2 billion of Iranian exports and $3.1 billion of Indian exports). After the sanctions were lifted, Indian oil importers started making payments to Iran in euros using the eurozone banking arrangements. However,

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Indian exporters were not allowed by the government to receive payment in euros, fearing the sanctions may be reimposed and they continued to receive payments in rupee.

Bilateral trade went up to $10.6 billion in 2016 ($8.2 billion of Iranian exports and $2.4 billion of Indian exports). However, the two countries will have to find a way out as due to one-way transactions (Iranian exports), the rupee account has almost been exhausted.

The new arrangement may take the form of reverting to the Indian rupee for both import and export transactions, using a European banking arrangement, or establishing bank branches on a reciprocal basis, which would eliminate the need for an intermediary bank. Iranian Rice Market During the sanctions, India secured a strong position for its rice in the Iranian market at the expense of Pakistan. Iran is one of the largest importers of rice. In 2010, Iran imported $916 million worth of rice, out of which $369 million were from India, giving it a 40% share in the Iranian market. By 2014, the Indian share in Iran‘s rice market had gone up to 89.51% ($1.28 billion in rice imports from India out of the total Iranian imports of $1.43 billion).

The share of Indian rice in Iran rose further to 92% in 2015 ($729.71 million). In 2016, the Indian share came down to 72.82% ($503.02 million). By contrast, Pakistan‘s export of rice to Iran fell from $124.76 million in 2010 to $15.64 million in 2014 and further to $3.47 million in 2015 before rising to $8.48 million in 2016. Thus between 2010 and 2016, the share of Pakistan‘s rice in Iranian market went down from 13.62% to 1.22%. Being a water-scarce country, Iran is set to limit rice production, which will create a significant opportunity for rice exporting countries, including Pakistan.

No Foreign Exchange One reason why the State Bank of Pakistan did not set up a payment mechanism similar to that of India was that it would have deprived Pakistan of foreign exchange, as payment had to be made in local currency. However, the flip side is that Pakistan almost lost an important market. The absence of banking channels also made Pakistan-Iran preferential trade arrangement, which dates back to 2006, virtually dysfunctional. At present, Pakistan is negotiating a free trade agreement with Iran. However, without putting in place a credible payment mechanism, the FTA‘s fate will not be much different from that of the PTA. https://financialtribune.com/articles/economy-business-and-markets/84600/pakistan-loses-iran-market-overlack-of-payment

Reduced rice, corn output seen for Q1 EIREENE JAIREE GOMEZ APRIL 16, 2018

Rough or unmilled rice produced in the country is forecast to hit 4.59 million metric tons (MMT) for the first quarter of 2018, the Philippine Statistics Authority (PSA) said. The figure is 1.7

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percent lower than the state-run agency‘s January round estimate of 4.67 MMT and 3.9 percent higher than 4.42 MMT in 2017, according to latest PSA data.

The decrease reflected the reduced number of harvested areas in the January-to-March period from 1,192.53 thousand ha. a year ago. Yield may fall to 3.86 MT per ha from. 3.92 MT. As of March, about 559.15 thousand ha., or 47 percent, of the standing crop have been harvested.Of the figure, 21.3 percent were in the vegetative stage; 42.5 percent, reproductive; and 36.1 percent, maturing.

About 821.84 thousand ha., or 90.3 percent, of the perceived harvest area were planted with the staple, the PSA said, based on farmers‘ planting intentions for the second quarter.Corn production as of last month, meanwhile, is also seen to drop to 2.46 MMT, 0.9 percent lower than the 2.49 MMT round estimate in January.

The fall in output is 4.1 percent higher than 2.37 MMT a year ago. Harvest areas of the commodity also dropped by 0.1 percent from 720.96 thousand ha.About 310.02 thousand ha., or 77.3 percent, of farmers‘ planting intentions for the quarter have been realized.PSA blamed the projected declines in both crops on heavy rains, floods, and pest infestations in the second half of 2017.

Data on production and harvest area estimates came from the Monthly Palay and Corn Situation Reporting System, conducted in-between palay(unhusked rice) and corn production survey rounds. http://www.manilatimes.net/reduced-rice-corn-output-seen-for-q1/392911/

Pakistan Loses Iran Market Over Lack of Payment Mechanism Sunday, April 15, 2018 Pakistan Loses Iran Market Over Lack of Payment Mechanism

The absence of a credible payment mechanism remains the major irritant in Iran-Pakistan trade.International sanctions, particularly those imposed by the US and European Union in 2010, targeted Iranian banks. Sanctions prevented Pakistani banks from doing business with their Iranian counterparts including the opening of letters of credit, which is the most conventional method for carrying out international trade transactions, Pakistani newspaper The Express Tribune reported.

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Trade was conducted through alternative payment mechanisms of limited scope, such as cash and to a certain extent through barter.

The absence of banking channels cast a pall over Pakistan-Iran trade, which nosedived from $1.16 billion in 2009-10 to $318.69 million in 2015-16. Pakistan‘s exports to Iran fell from $207.19 million to $35.48 million while imports from Iran decreased from $962.13 million to $283.21 million over this period, according to data compiled by the Pakistan Bureau of Statistics.

The July 2015 nuclear deal between Iran and world powers paved the way for the lifting of most of the international sanctions on Tehran and generated expectations for the revival of Pakistan‘s trade with Iran.

However, there was a bee in the bonnet. Some continuing US sanctions barred American companies from doing business with Iranian banks. A concession was granted to the aviation sector to enable the US giant Boeing to sell aircraft to Iran.The LC mechanism involves not only banks in the importing and exporting countries, but also an intermediary or correspondent bank, normally the US or EU-based, through which transfer of funds takes place.

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Since most of Pakistan‘s international trade transactions are denominated in American dollars, Pakistani banks have continued to shy away from entertaining Iran-related LCs fearing a backlash from Washington.

The Banking and Payment Arrangement between the central banks of Iran and Pakistan, signed in April 2017, represented an attempt to overcome the LC problem. The arrangement calls on authorized banks in the two countries to undertake trade transactions denominated in euro or yen on a reciprocal basis. The two central banks will act as intermediary banks.

The agreement left it to the banks in Pakistan to present themselves for carrying out transactions with their Iranian counterparts.

However, Pakistani banks remain reluctant to do business with Iranian banks. Adverse views of US President Donald Trump about the Iran nuclear agreement have also made the Pakistani banks more cautious about opening LCs for Iran.

Not surprisingly, bilateral trade has not taken off in the wake of the lifting of sanctions on Iran.

In 2016-17, bilateral trade was $300 million, including $29 million of exports from Pakistan and $271 million of imports from Iran.

Indian Example Despite the sanctions, Iran‘s other trading partners, notably India, were able to put in place an alternative payment mechanism to sustain their trade with Iran.

The payment mechanism set up by India and Iran was a blend of barter and normal banking channels. Iran opened an Indian rupee account in a small bank in India. The payment for Indian imports from Iran, which mainly consisted of crude oil, was deposited in the account.

When Indian exporters sold merchandise, which comprised mainly rice, chemicals and textiles, to Iran, they received their payment from the balance held in that account. The arrangement worked and India-Iran trade remained steady during the sanctions.

As per Comtrade data, from $13.6 billion in 2010 ($11.1 billion of Iranian exports and $2.5 billion of Indian exports), bilateral trade increased to $15.6 billion in 2014 ($11.2 billion of Iranian exports and $4.2 billion of Indian exports), before falling to $9.3 billion in 2015 ($6.2 billion of Iranian exports and $3.1 billion of Indian exports).

After the sanctions were lifted, Indian oil importers started making payments to Iran in euros using the eurozone banking arrangements. However, Indian exporters were not allowed by the government to receive payment in euros, fearing the sanctions may be reimposed and they continued to receive payments in rupee.

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Bilateral trade went up to $10.6 billion in 2016 ($8.2 billion of Iranian exports and $2.4 billion of Indian exports). However, the two countries will have to find a way out as due to one-way transactions (Iranian exports), the rupee account has almost been exhausted.

The new arrangement may take the form of reverting to the Indian rupee for both import and export transactions, using a European banking arrangement, or establishing bank branches on a reciprocal basis, which would eliminate the need for an intermediary bank.

Iranian Rice Market During the sanctions, India secured a strong position for its rice in the Iranian market at the expense of Pakistan. Iran is one of the largest importers of rice.

In 2010, Iran imported $916 million worth of rice, out of which $369 million were from India, giving it a 40% share in the Iranian market. By 2014, the Indian share in Iran‘s rice market had gone up to 89.51% ($1.28 billion in rice imports from India out of the total Iranian imports of $1.43 billion).

The share of Indian rice in Iran rose further to 92% in 2015 ($729.71 million). In 2016, the Indian share came down to 72.82% ($503.02 million).

By contrast, Pakistan‘s export of rice to Iran fell from $124.76 million in 2010 to $15.64 million in 2014 and further to $3.47 million in 2015 before rising to $8.48 million in 2016.

Thus between 2010 and 2016, the share of Pakistan‘s rice in Iranian market went down from 13.62% to 1.22%. Being a water-scarce country, Iran is set to limit rice production, which will create a significant opportunity for rice exporting countries, including Pakistan.

No Foreign Exchange One reason why the State Bank of Pakistan did not set up a payment mechanism similar to that of India was that it would have deprived Pakistan of foreign exchange, as payment had to be made in local currency.

However, the flip side is that Pakistan almost lost an important market. The absence of banking channels also made Pakistan-Iran preferential trade arrangement, which dates back to 2006, virtually dysfunctional.

At present, Pakistan is negotiating a free trade agreement with Iran. However, without putting in place a credible payment mechanism, the FTA‘s fate will not be much different from that of the PTA. https://financialtribune.com/articles/economy-business-and-markets/84600/pakistan-loses-iranmarket-over-lack-of-payment

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India to get normal monsoon rains in 2018: IMD

Monsoon rains are expected to be 97 per cent of a long-term average. File Photo - The Hindu

Raises possibility of higher farm and economic growth NEW DELHI, APRIL 16 India is likely to receive normal monsoon rains in 2018, the India Meteorological Department (IMD) said, raising the possibility of higher farm and economic growth in Asia's third-biggest economy, where half of the farmland lacks irrigation.Monsoon rains, the lifeblood of the country's $2 trillion economy, are expected to be 97 per cent of a long-term average, K J Ramesh, IMD‘s director general, told a news conference.He said that there was ―very less probability‖ of a deficient monsoon. The date of onset of monsoon will be announced in the middle of May. The monsoon is considered normal if the average rainfall is between 96 to 104 per cent of long period average. Anything less than 90 per cent of LPA is termed a ‗deficient‘ monsoon, and 9096 per cent of the same is considered ‗below normal‘The four-month monsoon season provides about 70 per cent of the country‘s annual rainfall.Other than lifting farm and wider economic growth, a wet spell will keep a lid on inflation, potentially tempting Prime Minister Narendra Modi to bring forward general elections due in May 2019. https://www.thehindubusinessline.com/economy/agri-business/imd-predicts-average-monsoonrains-in-2018/article23558339.ece

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Nagpur Foodgrain Prices Open- April 17, 2018 Nagpur Foodgrain Prices – APMC/Open Market-April 17, 2018 Nagpur, April 17 (Reuters) – Gram and tuar prices moved down in Nagpur Agriculture Produce Marketing Committee (APMC) on lack of demand from local millers amid release of stock from stockists. Easy condition in Madhya Pradesh pulses and high moisture content arrival also pulled down prices. About 2,400 bags of gram and 1,500 bags of tuar reported for auction in Nagpur APMC, according to sources.

FOODGRAINS & PULSES GRAM * Gram varieties ruled steady in open market here but demand was poor.

TUAR * Tuar gavarani reported down in open market in absence of buyers amid increased supply from producing regions. * Batri dal and Lakhodi dal recovered in open market here on good demand from local traders amid weak supply from producing belts. * In Akola, Tuar New – 4,175-4,225, Tuar dal (clean) – 6,000-6,300, Udid Mogar (clean) – 7,500-8,200, Moong Mogar (clean) 7,500-7,200, Gram – 3,700-3,750, Gram Super best – 5,200-5,600 * Wheat, rice and other foodgrain items moved in a narrow range in scattered deals and settled at last levels in weak trading activity.

Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Gram Auction Gram Pink Auction Tuar Auction Moong Auction Udid Auction Masoor Auction

Available prices Previous close 3,200-3,435 3,200-3,480 n.a.

2,100-2,600 3,275-3,930 3,300-3,980 n.a.

3,900-4,200 n.a.

4,300-4,500 n.a.

2,600-2,800

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Wheat Mill quality Auction 1,550-1,688 1,550-1,630 Gram Super Best Bold 5,000-5,500 5,000-5,500 Gram Super Best n.a. n.a.

Gram Medium Best 4,600-4,800 4,600-4,800 Gram Dal Medium n.a. n.a Gram Mill Quality 3,600-3,700 3,600-3,700 Desi gram Raw 3,500-3,600 3,500-3,600 Gram Kabuli 12,700-13,200 12,700-13,200 Tuar Fataka Best-New 6,200-6,400 6,200-6,400 Tuar Fataka Medium-New 5,800-6,000 5,800-6,000 Tuar Dal Best Phod-New 5,600-5,800 5,600-5,800 Tuar Dal Medium phod-New 5,200-5,500 5,200-5,500 Tuar Gavarani New 4,000-4,100 4,100-4,200 Tuar Karnataka 4,500-4,700 4,500-4,700 Masoor dal best 4,800-5,200 4,800-5,200 Masoor dal medium 4,500-4,700 4,500-4,700 Masoor n.a. n.a.

Moong Mogar bold (New) 7,500-8,000 7,500-8,000 Moong Mogar Medium 6,500-7,000 6,500-7,000 Moong dal Chilka 5,800-6,600 5,800-6,600 Moong Mill quality n.a. n.a.

Moong Chamki best 7,000-8,000 7,000-8,000 Udid Mogar best (100 INR/KG) (New) 8,000-8,500 8,000-8,500 Udid Mogar Medium (100 INR/KG) 5,500-6,500 5,500-6,500 Udid Dal Black (100 INR/KG) 6,000-6,300 6,000-6,300 Batri dal (100 INR/KG) 4,800-5,200 4,600-4,900 Lakhodi dal (100 INR/kg) 2,550-2,650 2,500-2,600 Watana Dal (100 INR/KG) 3,500-3,600 3,500-3,600 Watana Green Best (100 INR/KG) 4,200-4,300 4,200-4,300 Wheat 308 (100 INR/KG) 2,000-2,100 2,000-2,100 Wheat Mill quality (100 INR/KG) 1,950-2,000 1,950-2,000 Wheat Filter (100 INR/KG) 2,200-2,350 2,200-2,350 Wheat Lokwan best (100 INR/KG) 2,250-2,400 2,250-2,400 Wheat Lokwan medium (100 INR/KG) 2,100-2,200 2,100-2,200 Lokwan Hath Binar (100 INR/KG) n.a. n.a.

MP Sharbati Best (100 INR/KG) 3,200-4,000 3,200-4,000 MP Sharbati Medium (100 INR/KG) 2,400-2,800 2,400-2,800 Rice BPT best (100 INR/KG) 3,400-4,000 3,400-4,000 Rice BPT medium (100 INR/KG) 2,900-3,250 2,900-3,250 Rice Luchai (100 INR/KG) 2,600-2,800 2,600-2,800 Rice Swarna best (100 INR/KG) 2,700-2,900 2,700-2,900

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Rice Swarna medium (100 INR/KG) 2,500-2,600 2,500-2,600 Rice HMT best (100 INR/KG) 4,200-4,600 4,200-4,600 Rice HMT medium (100 INR/KG) 3,800-4,000 3,800-4,000 Rice Shriram best(100 INR/KG) 5,200-5,800 5,200-5,800 Rice Shriram med (100 INR/KG) 4,700-5,000 4,700-5,000 Rice Basmati best (100 INR/KG) 9,500-14,000 9,500-14,000 Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500 Rice Chinnor best 100 INR/KG) 6,000-6,500 6,000-6,500 Rice Chinnor medium (100 INR/KG) 5,600-5,900 5,600-5,900 Jowar Gavarani (100 INR/KG) 2,000-2,200 2,000-2,100 Jowar CH-5 (100 INR/KG) 1,800-2,000 1,700-2,000 WEATHER (NAGPUR) Maximum temp. 42.0 degree Celsius, minimum temp. 23.5 degree Celsius Rainfall : nil FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 42 and 23 degree Celsius respectively.

Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, butincluded in market prices) https://in.reuters.com/article/cricket-afghanistan-rashid-moody/cricket-unique-rashid-will-havebig-impact-on-ipl-says-moody-idINKBN1HO15H

Rice basmati edges up on scattered demand New Delhi, Apr 14 Rice basmati prices recovered by Rs 100 per quintal at the wholesale grains market today on mild demand from retailers.However, other grains held steady in thin trade.Traders attributed the recovery in rice basmati prices to some demand from retailers amid pause in arrivals from producing belts.

In the national capital, rice basmati common and Pusa-1121 variety moved up by Rs 100 each to Rs 7,500-7,600 and Rs 6,800-6,900 per quintal, respectively.

Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,080-2,280, Wheat dara (for mills) Rs 1,760-1,765 Chakki atta (delivery) Rs 1,770-1,775, Atta Rajdhani (10 kg) Rs 230-260, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 950-960 (50 kg), Maida Rs 970-980 (50 kg)and Sooji Rs 1,040-1,050 (50 kg).

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Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,500-7,600, Rice Pusa (1121) Rs 6,800-6,900, Permal raw Rs 2,4002425, Permal wand Rs 2,500-2,550, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,050-2,100, Bajra Rs 1,260-1,265, Jowar yellow Rs 1,600-1,650, white Rs 2,850-2,950, Maize Rs 1,470-1,475, Barley Rs 1,490-1,500. https://www.outlookindia.com/newsscroll/rice-basmati-edges-up-on-scattered-demand/1288719

Nagpur Foodgrain Prices Open- April 16, 2018 Nagpur Foodgrain Prices – APMC/Open Market-April 16, 2018 Nagpur, April 16 (Reuters) – Gram and tuar prices reported higher in Nagpur Agriculture Produce Marketing Committee (APMC) on increased demand from local millers amid weak supply from producing regions. Fresh rise in Madhya Pradesh pulses and reported demand from South-based millers also helped to push up prices.

About 3,000 bags of gram and 1,700 bags of tuar reported for auction in Nagpur APMC, according to sources.

FOODGRAINS & PULSES GRAM * Gram varieties reported down in open market on lack of demand from local traders amid good supply from producing regions.

TUAR * Tuar varieties declined in open market here in absence of buyers amid release of stock from stockists. * Moong Chamki moved down in open market here on lack of demand from local traders amid weak supply from producing belts. * In Akola, Tuar New – 4,175-4,225, Tuar dal (clean) – 6,000-6,300, Udid Mogar (clean) – 7,500-8,200, Moong Mogar (clean) 7,500-7,200, Gram – 3,700-3,750, Gram Super best – 5,200-5,600 * Wheat, rice and other foodgrain items moved in a narrow range in scattered deals and settled at last levels in weak trading activity.

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Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction 3,200-3,490 3,200-3,450 Gram Pink Auction n.a.

2,100-2,600 Tuar Auction 3,350-3,980 3,200-3,980 Moong Auction n.a.

3,900-4,200 Udid Auction n.a.

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

2,600-2,800 Wheat Mill quality Auction 1,550-1,630 1,550-1,630 Gram Super Best Bold 5,000-5,500 5,500-5,800 Gram Super Best n.a. n.a.

Gram Medium Best 4,600-4,800 5,000-5,200 Gram Dal Medium n.a. n.a Gram Mill Quality 3,600-3,700 3,750-3,850 Desi gram Raw 3,500-3,600 3,550-3,700 Gram Kabuli 12,700-13,200 12,700-13,200 Tuar Fataka Best-New 6,200-6,400 6,200-6,500 Tuar Fataka Medium-New 5,800-6,000 5,900-6,100 Tuar Dal Best Phod-New 5,600-5,800 5,700-5,900 Tuar Dal Medium phod-New 5,200-5,500 5,300-5,600 Tuar Gavarani New 4,100-4,200 4,200-4,300 Tuar Karnataka 4,500-4,700 4,600-4,800 Masoor dal best 4,800-5,200 4,800-5,200 Masoor dal medium 4,500-4,700 4,500-4,700 Masoor n.a. n.a.

Moong Mogar bold (New) 7,500-8,000 7,500-8,000 Moong Mogar Medium 6,500-7,000 6,500-7,000 Moong dal Chilka 5,800-6,600 5,800-6,600 Moong Mill quality n.a. n.a.

Moong Chamki best 7,000-8,000 7,300-8,000 Udid Mogar best (100 INR/KG) (New) 8,000-8,500 8,000-8,500 Udid Mogar Medium (100 INR/KG) 5,500-6,500 5,500-6,500 Udid Dal Black (100 INR/KG) 6,000-6,300 6,000-6,300 Batri dal (100 INR/KG) 4,400-4,900 4,400-4,900 Lakhodi dal (100 INR/kg) 2,500-2,600 2,500-2,600 Watana Dal (100 INR/KG) 3,500-3,600 3,500-3,600 Watana Green Best (100 INR/KG) 4,200-4,300 4,200-4,300 Wheat 308 (100 INR/KG) 2,000-2,100 2,000-2,100 Wheat Mill quality (100 INR/KG) 1,950-2,000 1,950-2,000

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Wheat Filter (100 INR/KG) 2,200-2,350 2,200-2,350 Wheat Lokwan best (100 INR/KG) 2,250-2,400 2,250-2,400 Wheat Lokwan medium (100 INR/KG) 2,100-2,200 2,100-2,200 Lokwan Hath Binar (100 INR/KG) n.a. n.a.

MP Sharbati Best (100 INR/KG) 3,200-4,000 3,200-4,000 MP Sharbati Medium (100 INR/KG) 2,400-2,800 2,400-2,800 Rice BPT best (100 INR/KG) 3,400-4,000 3,400-4,000 Rice BPT medium (100 INR/KG) 2,900-3,250 2,900-3,250 Rice Luchai (100 INR/KG) 2,600-2,800 2,600-2,800 Rice Swarna best (100 INR/KG) 2,700-2,900 2,700-2,900 Rice Swarna medium (100 INR/KG) 2,500-2,600 2,500-2,600 Rice HMT best (100 INR/KG) 4,200-4,600 4,200-4,600 Rice HMT medium (100 INR/KG) 3,800-4,000 3,800-4,000 Rice Shriram best(100 INR/KG) 5,200-5,800 5,200-5,800 Rice Shriram med (100 INR/KG) 4,700-5,000 4,700-5,000 Rice Basmati best (100 INR/KG) 9,500-14,000 9,500-14,000 Rice Basmati Medium (100 INR/KG) 5,000-7,500 5,000-7,500 Rice Chinnor best 100 INR/KG) 6,000-6,500 6,000-6,500 Rice Chinnor medium (100 INR/KG) 5,600-5,900 5,600-5,900 Jowar Gavarani (100 INR/KG) 2,000-2,200 2,000-2,100 Jowar CH-5 (100 INR/KG) 1,800-2,000 1,700-2,000 WEATHER (NAGPUR) Maximum temp. 37.6 degree Celsius, minimum temp. 22.2 degree Celsius Rainfall : nil FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 38 and 22degree Celsius respectively.

Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, butincluded in market prices) https://in.reuters.com/article/nagpur-foodgrain/nagpur-foodgrain-prices-open-april-16-2018idINL3N1RT3HG

Tell it to SunStar: Oppose the Golden Rice Project Tuesday, April 17, 2018

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FROM April 2 to 5, Philippine Network of Food Security Programmes, Inc. (PNFSP) together with its partner NGOs working collectively to stop the possible commercialization of golden rice, gathered to share lessons and experiences.

Participants from India, China, Bangladesh, Sri Lanka, Indonesia, Taiwan, Vietnam, New Zealand, Australia and Philippines assembled on said event with clear aim--to raise present concerns, issues and challenges that confront their respective country regarding Golden Rice Project. Since rice is a staple food, we know to some degree that bio-fortification did not bring qualitative change and development among consumers.

History teaches us that science that is not intended for the benefit of mankind has brought disastrous and catastrophic effects on the human body, society, ecology and the diversity of living and non-living organisms. For Kartini Samon of GRAIN- Indonesia, ―Genetically modified rice is not intended for trade. It is developed as a feed and not food. Meaning feeds for animals like pigs and chickens. And it is alarming that the Chinese government is the one doing some ‗big‘ measures to control bio fortification process in the Asia Pacific Region. The Golden Rice Project, which aims to develop genetically modified rice was designed by the International Rice Research Institute (IRRI) and institutions from advanced countries to gain bigger profit and monopolize consumption and production of rice.

Some say this is part of a ―continuing policy of neo-colonialism in the form of humanitarian aid.‖ Kien Dang of Vietnam noted in the forum that ―nature already provided everything-vitamins, nutrients, minerals, etc.‖ He added: ―Our ancestors were able to manage their community by saving seeds, and its part of our rich natural heritage. This seed banking is an art that must be enhanced. So, protecting rice is like protecting the future of our next generations.‖ The Labor Resource Center of Bangladesh, through a research paper, further elaborated that the ―green revolution‖ is a monster killing our own people. ―Farmers became landless due to big inputs needed to sustain modified crops,‖ it added, noting that the ―contaminated land and ecosystem of Bangladesh must be an example for India and Philippines on resisting genetically modified seeds. Golden rice will kill the traditional way of cropping especially the naturally fortified Vitamin A... It is a threat to our national and international food security.‖ For Nookaraju Sundru of India, the ―seed of change must grow in our heart and soul. Modifying the natural state and order of our ecosystem is a grave sin to the Creator and to the entire race of Man. We must value indigenous and native source of Vitamin A. We must value this little seed of rice cause by its power. Our civilization survived after many years of ravishing wars in the past. This is a long battle that everyone must engage!‖ Long live international solidarity.--Philippine Network of Food Security Programmes, Inc. Published in the SunStar Cebu newspaper on April 17, 2018. Latest issues of SunStar Cebu also available on your mobile phones, laptops, and tablets. http://www.sunstar.com.ph/cebu/opinion/2018/04/17/tell-it-sunstar-oppose-golden-rice-project598846

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GAO-18-199 The FDA warned in 2016 that infants face a higher health risk than adults from arsenic owing to their less-varied diets, and proposed guidance on arsenic levels in infant rice cereal.We reviewed recent scientific work and FDA and USDA actions to manage the risk of arsenic in rice. We found the agencies have researched methods to detect arsenic in rice and taken other actions, but that FDA could better communicate the risk to the public and coordinate with other agencies.

We recommended that, among other things, FDA develop a timeline to finalize its guidance on infant rice cereal and work to better coordinate its actions.

Rice may be more susceptible to arsenic contamination due to the flooded conditions in which it is usually grown https://www.gao.gov/products/GAO-18-199

Biryani Rice Market: Industry Peers, News & Growth Opportunities 2022 April 16, 2018 - by rashmi.s

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Biryani Rice market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.

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In the end, the Biryani Rice Market report includes investment come analysis, and development trend analysis. The key rising opportunities of the fastest growing international Biryani Rice industry segments are coated throughout this report. This report additionally presents product specification, producing method, and products cost structure. Production is separated by regions, technology and applications. In conclusion, it is a deep research report on Global Biryani Rice market. If you have any special requirements, please let us know and we will offer you the report as you want.‖ https://theanalystfinancial.com/183866/biryani-rice-market-industry-peers-news-growth-opportunities2022/

De Oiled Rice Bran Market: Industry Peers, News & Growth Opportunities 2022 April 16, 2018 - by rashmi.s

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  

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Global De Oiled Rice Bran market. If you have any special requirements, please let us know and we will offer you the report as you want.‖ https://theanalystfinancial.com/184005/de-oiled-rice-bran-market-industry-peers-news-growthopportunities-2022/

Puffed Rice Market 2022 Growth Analysis by Manufacturers, Regions, Type and Application, Forecast Analysis April 16, 2018 - by rashmi.s

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Puffed Rice market report also provide market forecast data, according the history of this industry, the future of the industry faces what situation, growth or decline, the price trend, market size trend, segment market trend will also be provided in the forecast chapter. Puffed Rice Market Report covers the manufacturers‘ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.

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Worldwide Polished Rice Market 2022 by Applications, Geographic Regions, Opportunities, Challenges, Drivers, & Forecast April 16, 2018 - by rashmi.s

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―“Polished Rice Market examines the performance of the Polished Rice market 2023. It encloses a complete Research of the Polished Rice market state and the competitive landscape. This report analyzes the potential of market in the present and the future prospects from various viewpoints in detail.”

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Polished Rice Market by Dynamics: – 1. Market Driver 

Health benefits of Polished Rice

44



For a full, detailed list, view our report

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Planted acreage, demand sources dictate ’18 rice market Planted acreage is a key to 2018 rice market.

If long grain rice acreage estimates stand, 2018 farm price likely will be below the current estimate for the 2017 average crop price of $5.27 per bushel.

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Bobby Coats | Apr 16, 2018

If U.S. long grain rice producers can limit production to the March 29, 2018, USDA Planting Intentions Report, this should be a reasonably good year for our long grain rice producers. If a new demand source emerges and/or global rice production is off due to a weather event or some other anomaly, it could be a very profitable year if current planting intention are not exceeded.

The Bottom Line Long Grain USDA Supply and Demand Estimates 

017/18 long grain rice production is estimated at 127.9 million cwt., 23.1 percent below 2016/17. The 5year average is 148 million cwt., and the 10-year average 149 million cwt.



2017/18 long grain rice total supply is estimated at 180.4 million cwt., 13.9-percent below 2016/17. The 5-year average is 190 million cwt., and the 10-year average is 191 million cwt.



2017/18 long grain rice domestic and residual use is estimated at 93 million cwt., 7th largest on record, compared to the 5-year average 95 million cwt., and10-year average 94.5 million cwt.

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

2017/18 long grain rice total export is estimated at 69 million cwt., 9.7 million cwt. below last year, and compared to the 5-year average of 72 million cwt., and 10-year average 73 million cwt.



2017/18 long grain rice total use is estimated at 161 million cwt., 17.4 million cwt below 2016/17, and below the 5-year average 166.7 million cwt., and the 10-year average 167 million cwt.



2017/18 long grain rice ending stocks are estimated at 19.4 million cwt. or 18.3 percent above the previous month‘s estimate, 37.4-percent below 2016/17, 4th lowest in the previous 13 marketing periods.

The 5-year average is 23 million cwt., and the 10-year average is 24 million cwt.

World Rice USDA Supply and Demand Estimates 

2017/18 world rice acreage at 161.5 million hectares is the second highest on record.



World rice yield at 4.5 metric tons per hectare ties with the record 2016/17 record yield.



World rice rough production at 727.3 million metric tons is the 2nd highest on record.



World rice milled production is the highest on record at 487.5 million metric tons, with higher production in Brazil, Burma, Colombia, Pakistan, Philippines, and Sri Lanka.



World trade at 48.6 million metric tons is the highest on record, which in part reflects the changing dynamics of the global rice trade, with higher imports for Bangladesh, Ghana, Indonesia, and the Philippines. USDA raised exports for Brazil, Burma, India, Pakistan, and Thailand.



World rice total use at 480 million metric tons is the 2nd highest on record, exceeded only by the previous marketing periods 481 million tons.



World rice ending stocks at 144.4 million metric tons is the 2nd highest on record and 78.5 percent above the 2007/08 (10-years previous) and 21.5-percent above 2012/13 (5-years previous).

Long Grain Rice Price Outlook The U.S. long grain rice price for the 2015 crop averaged around $11.20 per cwt or $5.04 per bushel; 2016 crop $9.61 per cwt. or $4.32 per bushel; and presently the 2017 crop is estimated at $11.70 per cwt. or $5.27 per bushel.

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The average price the long grain rice producer receives for their 2018 production will be a function of several factors, with 2018 long grain planted acreage presently at the top of the list.

The March 29, 2018, USDA planting intentions report indicated Arkansas long grain rice producers will expand acreage by 16 percent to 1,150,000 acres from 995,000 acres in 2017.

U.S. long grain rice producers are expected to expand acreage by 12 percent to 2,030,000 acres from 1,811,000 acres in 2017.

If these long grain rice acreage estimates stand, then all things equal, one would expect the 2018 farm price will be below the current estimate for the 2017 average crop price of $5.27 per bushel.

If one assumes current demand for the remaining 2017 marketing period, which runs through July 31, 2018, and no new demand source at current price levels, a reasonable price consideration would be around $10.55 per cwt. or $4.74 per bushel for the 2018 average rice price.

What is the potential for long grain rice prices to improve by year‘s end?

First, that will be a key function of final U.S. long grain planted acres, with next key USDA estimate the end of June. Additional immediate soybean price weakness could easily grow U.S. long grain planted acreage by an additional 100,000 plus acres. Assuming current U.S. long grain rice planting intentions materialize, no major global weather events emerge, and no new demand source materializes, the $4.74 per bushel figure is reasonable.

Overplanting U.S. long grain rice in 2018 would be a key factor in price weakness. Expanding acreage beyond current March 2018 planting intentions would likely further depress long grain rice prices.

Trade War?

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The U.S. does not export rice to China, and when and if we do sometime in the future, the rice will likely be very high quality rice.

Presently, from a trade war perspective with China, we have always had trade challenges and probably always will; the past trade discussions have not been as public as the current verbal exchanges. From the U.S. ag sector perspective, certainly one must be concerned about damaging demand for our ag products with soybeans being a key concern. Also, a key worry for U.S. long grain rice prices related to trade war considerations is the impact on soybean and corn prices. Grain price weakness in general tends to place downward pressure on rice prices.

From a big picture perspective: on one hand, Brazil, Russia, India and China, the BRIC countries (also include South Africa), would like to be as self-sufficient as possible. On the other hand, the United States and China have much to gain by a mutually respectful working relationship. That said, it‘s hard to see a truly fair trade and/or respectful relationship emerging anytime soon, which is why these public verbal exchanges have emerged.

Also of Interest See recent rice webinar videos https://bit.ly/2E2BEla include: 

The Next Farm Bill, Market Outlook and Ongoing Trade Issues: April 12, 2018, Dr. Patrick Westhoff, Director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of MissouriColumbia and a Professor in the MU Department of Agricultural and Applied Economics



USDA-NASS: 2018 Planting Intentions and Grain Stocks Report, March 29, 2018: Eugene Young, Regional Director for the USDA-NASS Delta Regional Office located in Little Rock, Arkansas, which services the states of Arkansas, Louisiana and Mississippi.



USDA Rice Projections to 2027, March 22, 2018: Nathan Childs, Agricultural Economist with USDA‘s Economic Research Service.



International Rice Outlook 2017-2027, March 15, 2018: Dr. Alvaro Durand-Morat, Assistant Professor in the Department of Agricultural Economics and Agribusiness at the University of Arkansas.

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

The Global Rice Market and China‘s Role Within It, March 8, 2018: Rachel Trego, International economist with the U.S. Department of Agriculture Foreign Agricultural Service.

Bobby Coats is a professor in the Department of Agricultural Economics and Agribusiness, University of Arkansas System, Division of Agriculture, Cooperative Extension Service. Email: recoats@uark.edu. http://www.deltafarmpress.com/rice/planted-acreage-demand-sources-dictate-18-rice-market

Milltec Machinery gears up for IPO

By Ankit Doshi and Bruhadeeswaran R

16 April, 2018

Milltec Machinery Pvt. Ltd, a Bengaluru-based company which makes equipment for rice and maize milling and pulses processing, is weighing plans to go public through a share sale th .... https://www.vccircle.com/exclusive-multiples-pe-backed-milltec-machinery-gears-up-for-ipo/

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