25th november,2013 (global rice news) by riceplus magazine

25th November , 2013

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Agri dept bucks FAO rice-importation target for PHL Bright spark inspires Mekong bio-tech rice boom Stock gets empty; Vietnam misses opportunity to boost rice December’s rice export to top 4,000 tons daily Thai $2.4 bln rice bond may struggle, risk of further payment Rice market seen ruling stable next few days Odisha to urge Centre to relax paddy procurement norms

 Iran n-deal: Rice exporters likely to lose advantage  UPDATE 2-Egypt suspends rice exports until further notice  Nagpur Foodgrain Prices Open-Nov 25  Thai rice export outlook improves

NEWS DETAILS: Agri dept bucks FAO rice-importation target for PHL Category: Agri-Commodities 24 Nov 2013:Written by Alladin S. Diega / Correspondent

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Thatis the reaction by the Department of Agriculture (DA) on the Food and Agricultural Organization (FAO) estimate the Philippines would need to import 1.2 million metric tons of rice next year.An agriculture official said the figure is at half-a-million metric tons, citing data from DA-attached agency National Food Authority (NFA).“The NFA Council has decided recently that we are going to import some 500,000 MT of rice, partly to augment the need for relief operations, but mainly, to replenish the buffer stock at the NFA warehouses,” according to DA Undersecretary for Operations Dante Delima.Based on the agreed terms, the first 300,000 MT should arrive in the country this December, and the remaining 200,000 MT will depend on the actual year-end performance of the country on rice program, Delima told reporters on Friday.Delima, who is also the national coordinator for the country‟s rice program, said the quarter-of-a-million metric tons of rice “will be used to replenish the consumed rice used for the rehabilitation of Yolanda-affected areas. ”The country is now grappling at reconstruction of the coconut-rich Eastern Visayas region after Supertyphoon Yolanda (international code name Haiyan) made landfall there on November 8.NFA warehouses were looted after the typhoon cut off the city of Tacloban from major road networks and ports were impassable.The mandate of the NFA is to have a buffer for 15 days at any given time, and 30 days at the end of July, or during the lean season.Under the Minimum Access Volume (MAV), the country ought to import some 350,000 MT of rice, but for this year, we were able only to processed the importation for 240,000 MT, “we did not processed the percentage allocated for country specific rice source, because of uncompetitive prices, such as those coming from Australia,” Delima said.So, for next year, we are importing 500,000 MT tons of rice, and added to this, is the 240,000 MT for MAV, so that is only around 740,000 MT, a far cry from the 1.2 million metric tons estimate by FAO, Delima explained.“Despite the rice supply coming from the NFA warehouses being distributed to Yolanda victims in the affected provinces, the rice supply at the national level is stable, because we are in the harvest season in our major rice-producing areas in the country,” the rice program coordinator added.The DA official said the buffer rice supply is currently at 50 days, compared with the 90-day supply buffer requirements, and the importation will be used to replenish the difference.

“The 90 days inventory stock includes those at the NFA warehouses, commercial supply, and those in the households. Of course because of Yolanda, losses to inventory were incurred by commercial and households.

Right now, the available buffer inside NFA warehouses are only for 12 days, instead of 15 days as required by law.”The DA official also clarified that it was the NFA rice supplies that are being distributed mainly, because the foreign donors do not buy rice from the country‟s commercial supplies, hence the need to import to augment buffer supply.“As to the source of our import, we have memorandum of agreements [MOAs] with Cambodia, Thailand and Vietnam, and we will see where we can get better but cheaper quality rice,” the official said.

According to Delima, the government is looking into improving the production of rice alternatives, like sweet potato (camote) and other rootcrops, including white corn, that can augment the need for the staple rice, adding that the Visayas, the most affected area of Yolanda, are root crop producers, and this can be extended to other areas of the country.“We will set a new target for the coming years, and for the first quarter of 2014, we will strategize, through consultation with different stakeholders, because of this „new normal,‟” Delima told reporters, referring to the tropical typhoons getting stronger.

Bright spark inspires Mekong bio-tech rice boom

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VietNamNet Bridge – A young entrepreneur from the Mekong Delta is helping local rice farmers save money and save the environment with the use of his bio-technology innovations and a sustainable approach to mushroom production.

Growing business: As well as helping rice farmers, Luan's enterprise produces about 10-20 tonnes of oyster and reishi mushrooms each month.

Nguyen Hoang Luan, together with his friend Vo Van Quoc Que has created a new kind of micro-organism fertiliser called "Ba Sieu", - or the "Three Supers" - which has become a popular alternative to chemical fertilisers for farmers in the Delta.As its name suggests it has three actions: plant growth, disease prevention and financial savings for farmers."As a child born and raised in a land where most people live on agriculture, I kept pondering how to improve farmers' income and what kind of technology could help them," Luan said.He said he realised that applying new biological technology to farming was the only way to solve his childhood enquiries.

Luan explained that the "Three Supers" micro-organism fertiliser is in the form of liquid spray which is applied to the sprouting rice seeds several hours before they are sown."The fertiliser is a biological solution assembling three kinds of useful native bacteria to support the development of the rice. One of which synthesises a natural nitrogen found in rice, the other turns natural nitrogen into dissolved phosphorus that are easy to absorb, and the last imitates elements of growth stimulation," he said.He said the fertiliser has shown that it can meet the output demands of modern agriculture while reducing the use of agrochemicals.

According to Luan, once the fertiliser has been applied to a crop the yield increases by 10-20 per cent, while the amount of chemical fertiliser decreases by up to 30 per cent."In addition, it is very cheap: it takes only VND 30,000 (US$ 1.50) to treat an area of 1,000sq.m under crop. Therefore, it helps to both reduce the expense of growing rice and it is safe for both humans and environment," he added.Thanks to its effectiveness, the "Three Supers" fertiliser was recognised as a new kind of fertiliser by the Ministry of Agriculture and Rural Development in early 2013.Since the middle of this year, it has been distributed nationwide.

Currently, about 3,000-5000 litres of "Three Supers" are used monthly.Luan was born in 1984 and graduated from Can Tho University in 2007 and majored in biological technology. After that, he worked for a foreign business for three years and then spent

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another year operating a business selling cattle-feed."Those four years of working offered me a lot of useful experiences," Luan said.

Coincidentally, a former friend of his, Vo Van Quoc Que, who was then working for the Institute of Biological Technology of Can Tho University, was conducting research on a special kind of micro-organism.The two young men, who shared the same passion, agreed to cooperate and establish ACI Group, which focused on producing micro-organism fertiliser and high-quality mushrooms.When Que left university to become the director of Sieu Phan Bon Limited Company (a subsidiary of ACI Group), Luan worked as the CEO for ACI group, of which he owns 85 per cent of the capital.In 2012, Luan established an enterprise producing mushrooms. This enterprise located on a block covering nearly two-hectares in Can Tho City is the largest centre producing mushrooms in the Mekong Delta.To improve production Luan saw the advantage in using locally sourced materials as a growing medium rather than growing the fungi on sawdust from rubberwood imported from the southeast. This breakthrough dramatically reduced the cost of production.

Each season, over 5,000 mushroom spores put down roots in bedding made from straw and other by-products from the abundant natural materials found within the area.The result is 10-20 tonnes of oyster and reishi mushrooms being produced each month.He continues to study new ways to apply innovative technology to agricultural production in order to enrich the prosperity of his hometown.Despite the usual business challenges that lay ahead, young bio-engineer and entrepreneur Luan remains optimistic, his determination unlikely to be dampened anytime soon.

Source: VNS

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Tags:Mekong Delta,bio-tech rice,mushroom production,fertiliser

Stock gets empty; Vietnam misses opportunity to boost rice export VietNamNet Bridge – The rice demand is increasing in the world market, but Vietnamese farmers have sold out their third-crop rice. Exporters don’t have rice to sell while the Filipino government has opened an invitation for bids.

Rice running out, domestic prices go up Tran Thi Bong, a merchant specializing in collecting rice in Thoai Son district of An Giang province, said on November 20, export companies paid VND72,000 per kilo for IR 50404 material rice, another increase of VND200 per kilo.“The price has been increasing partially because farmers have no more rice to sell. The third-crop rice has been selling well because the rains and floods have led to the short supply,” Bong said.Nguyen Thi Thu Hang, a farmer in Chau Phu district of Dong Thap province, said the price increase does not benefit farmers, because they have

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sold out rice before, when the prices were low.“We sold out fresh rice two months ago, when the price stayed at VND4,000 per kilo. With such a low price, we incurred the loss of VND5 million per hectare,” she said.Tran Thanh Van, Deputy Director of Gentraco, an export company in Can Tho City, has confirmed that he cannot buy rice these days though he has raised the prices.

“We buy 25 percent broken rice at VND7,200 per kilo, an increase of VND200 per kilo over the last week,” Van said.“The third-crop rice output is just big enough for domestic supply. We cannot compete with the merchants who collect rice from farmers to sell domestically,” he added.According to Lam Anh Tuan, Director of Ben Tre-based Thinh Phat Food Company, the domestic high prices have pushed the production cost of the 5 percent broken rice for export to $400-410 per ton. Meanwhile, enterprises can sign the export contracts at $370 per ton, which means that they incur the loss of $40 per ton.

Big opportunities missed Le Thanh Tung, a senior official of the Ministry of Agriculture and Rural Development (MARD), affirmed that the rice output in 2013 would be equal to that of the last year, while the merchandise volume for export would be at 7.2-7.3 million tons.In the first 10 months of 2013, Vietnam exported 5.73 tons of rice already, worth $2.47 million FOB. If counting on the exports to China across the border, estimated at 1.5 million tons by the Vietnam Food Association, the total export volume has reached 7.23 million tons so far this year.“The rice volume in stock is modest, which may be not enough to fulfill the signed contracts. Meanwhile, the sale on the domestic market goes well,” Tuan said.“We fear that we may miss the opportunity to export rice to the Philippines, when the country needs more rice to relive the people in the typhoon stricken areas,” he added.Also according to Tuan, Vietnam has the opportunity to export rice at $400 per ton. However, exporters can only do this if the Filipino government accepts the deliveries in February 2014, when Vietnam harvests the winterspring crops.“If they (the Philippines) want prompt deliveries, we would miss the opportunity,” Tuan said.

Chi Mai

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Tags:rice exports,vietnamese rice,rice stock,rice production,farmer,exporters,

December’s rice export to top 4,000 tons daily Officials from the Muse Commodity Exchange Center predicted that Myanmar could be exporting up to 4,000 tons of rice per day to China next month.ice merchant Thau Kyar from the Muse Center commented, “Because of increasingly high demands from buyers in China, the sale of rice is running at a brisk rate, and due to high moisture content in the most recent Chinese crops, China must relyon border trade to obtain their rice supplies.”Currently, representatives from Muse report that Myanmar is only exporting around 2,000 tons of rice to China daily.“I don‟t predict that the demand for rice will drop off after December, either,” added Thau Kyar.

“Besides demand, China is purchasing rice for their buffer stock operation. I also think that the price of rice will remain the same as it is now.”However, other local rice merchants believe that prices will fall if and when export volumes rise.Myanmar‟s rice exports reached over 1.5 million tons in 2013, the highest amount in 46 years. Of this figure, 700,000 tons alone were exported to China.

Last modified on Tuesday, 26 November 2013 10:35

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Thai $2.4 bln rice bond may struggle, risk of further payment delays

BY ORATHAI SRIRING AND APORNRATH PHOONPHONGPHIPHAT BANGKOK Mon Nov 25, 2013 1:02pm IST

Nov 25 (Reuters) - Thailand may struggle to sell a 75 billion baht ($2.36 billion) bond to fund its rice intervention scheme, fund managers said on Monday, risking further delays on payments to farmers.The state Bank of Agriculture and Agricultural Cooperatives (BAAC) needs money from the bond, its biggest ever, to pay farmers for rice bought at above market prices in a subsidy scheme that has cost the government 680 billion baht so far.Farmers, a key support group for the government of Prime Minister Yingluck Shinawatra, have threatened to join growing anti-government protests as they have not been paid for their rice since the scheme was renewed in October.

Underwriters began sounding out institutional investors on Friday and will set the price on Monday when bookbuilding ends. The bond will be issued on Nov. 29."The bond is really big and I think it may not be sold out," said Chajchai Sarit-apirak, first senior vice president at Kasikorn Asset Management, which holds BAAC bonds."If the government wants to sell it all, they have to offer a high spread."Thailand's finance ministry said last week it would borrow from banks or allow them to bid on the unsold portion if institutional interest fell short.BAAC, which funds the rice scheme, has sold about 123 billion baht ($3.9 billion) of debt this year but had to cancel three auctions last month. BAAC officials were not immediately available to comment.

The latest bond, a three-year note guaranteed by the government, will be used to pay for the main harvest while a second smaller issue will be needed for the subsequent crop."I've talked to other fund managers and they also think although the bond is guaranteed by the government, they don't want to support the rice buying scheme because it's not transparent," said a bond dealer at a domestic bank.Thailand buys rice at 15,000 baht a tonne, well above market rates. The subsidies are popular among farmers whose support swept Shinawatra to power in 2011 in a landslide election.They are the cornerstone of economic policies aimed at lifting rural incomes to stimulate consumption in the mould of her brother, ousted prime minister Thaksin Shinawatra. He funneled money into villages through cheap loans and a debt moratorium for farmers while in power from 2001 to 2006, creating a knock-on effect on the whole economy.But the government has failed to pay farmers for rice collected since October, when the scheme was renewed for a third year, leading to the risk that its core supporters could turn against it.

On Sunday, about 100,000 anti-government protesters gathered in Thailand's capital, as simmering tensions between Bangkok's middle classes and the mostly rural supporters of Thaksin threatened to boil over.Chajchai

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at Kasikorn Asset Management said the spread between the latest BAAC bond due November 2016 and sovereign paper would need to widen to as much as 40 basis points to be attractive. If they buy it, "we will probably have to hold it to maturity," he said.In the secondary market, the yield on three-year government bonds rose 11 basis points to 3.26 percent on Friday, as prices fell, partly in response to the BAAC offer. It was at 3.23 percent on Monday.The government had spent up to 680 billion baht ($21.4 billion) on the rice-buying rice programme and has said it would spend another 270 billion baht in the 2013/14 crop year from Oct. 1.The multi-billion dollar cost of the scheme has led to a warning from rating agency Moody's and a rebuke from the International Monetary Fund about the fiscal impact. ($1=31.8 baht) (Additional reporting by Satawasin Staporncharnchai and Viparat Jantraprap; Editing by Jason Szep, Amran Abocar and Michael Urquhart)

Rice market seen ruling stable next few days KARNAL, NOV. 25:

The rice market may continue to rule around current levels with marginal fluctuations in coming days, according to market experts.The market witnessed a mixed trend with reduced offtake pulling Sharbati rice varieties down by Rs 300-400 a quintal on Monday, while all other aromatic and non-basmati varieties managed to rule firm at their previous levels.Amit Kumar, Proprietor of Ginni Rice, told Business Line that a steady trend has prevailed following lack of buying interest in the market.Though prices rose on a few occasions, the market could not retain those levels. Restricted availability of stocks is limiting the fall, he said.It is unlikely to see any major alteration in the coming days and market may continue to rule around current levels with marginal alteration, said market sources.

In the physical market, Pusa-1121 (steam) sold at Rs 9,100-9,200 , while Pusa-1121 (sela) quoted at Rs 8,0008,100 a quintal.

Pure Basmati (Raw) quoted at Rs 12,700 .

Duplicate basmati (steam) sold at Rs 8,000 .

In the non-basmati section, Sharbati (Steam) dropped by Rs 300 and sold at Rs 5,100-5,300 while Sharbati (Sela) quoted at Rs 4,700-4,900 , Rs 400 down.

Permal (raw) sold at Rs 2,350-2,400 while Permal (sela) was at Rs 2,400-2,500. PR-11 (sela) sold at Rs 3,300 while PR-11 (Raw) quoted at Rs 3,000-3,100 .

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PR14 (steam) sold at Rs 3,400 .

PADDY ARRIVALS About 10,000 bags of PR paddy arrived and quoted at Rs 1,300, around 20,000 bags of Pusa-1121 arrived and sold at Rs 4,150-4,500, while 10,000 bags of Sharbati arrived and sold at Rs 2,300-2,425 .

Around 5,000 bags of Duplicate Basmati arrived and went for Rs 4,150-4,200 , 5,000 bags of Sugandha-999 went for Rs 3,150-3,200 , while 1,000 bags of Pure Basmati sold at Rs 5,900-5,950 a quintal.

(This article was published on November 25, 2013) Keywords: Rice market, current levels, marginal fluctuations

Odisha to urge Centre to relax paddy procurement norms Collectors asked to submit reports on damaged and discoloured paddy’ The government will write to the Centre, urging it to relax the norms of paddy procurement from the State by accepting discoloured paddy, particularly from the districts affected by cyclone Phailin and subsequent floods.“We have asked the district Collectors to submit reports on the yield of damaged and discoloured paddy, and then we will write to the Centre urging it to relax the norms of paddy procurement,” Odisha‟s Food Supplies and Consumer Welfare Minister Pratap Keshari Deb said here.Though the exact quantity of damaged and discoloured paddy produced in the State would be known only after crop cutting, the Minister said the volume of such paddy would be huge as 40 per cent area of the State was ravaged by the cyclone and flood.Ganjam, known as one of the rice-bowl districts, was the worst affected in the last month‟s natural calamities.The Minister was here to attend the district Collectors‟ conference on paddy procurement for the kharif market season (KMS).“We have discussed thoroughly about the procurement of discoloured paddy at the meeting and asked the Collectors to submit the report of expected yield of low grade paddy in their districts,” Mr. Deo said after the meeting.Since the southern Odisha districts bore the brunt of the natural devastation, the government had not fixed paddy procurement target for these districts.“We have also not fixed the procurement time. The district administration will begin to procure as per their convenience,” the Minister said.

Target Despite the huge crop loss due to the cyclonic storm, heavy rains, and subsequent floods in at least 18 of the 30 districts of Odisha in October, the government is confident of achieving procurement target of paddy this year.The government fixed the target of procuring 30 lakh tonnes (LT) paddy this year. The target was fixed before the cyclone battered the State and on the basis of last year‟s production.Last year, the State had procured 36.68 LT against a target of 29 LT.“We hope to achieve the target this year in view of bumper crops in the districts in the western part of the State,” Mr. Deb added.

Keywords: Odisha paddy procurement, Odisha Food Supplies and Consumer Welfare Minister, Pratap Keshari Deb, Odisha Phailin damage

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Iran n-deal: Rice exporters likely to lose advantage M. R. SUBRAMANI:CHENNAI, NOV. 25: Indian rice exporters are likely to lose the advantage they have been enjoying for the last couple of years in the Iranian market after a landmark deal reached by Iran with global powers on its nuclear programme during the weekend.“The monopoly we have been enjoying for quite sometime could end because of the nuclear deal,” said Vijay Setia, former president of All-India Rice Exporters‟ Association.Early on Sunday, Iran and six world powers reached a deal under which Tehran will curb its nuclear programme.

This includes diluting enrichment of uranium to less than five per cent and halting further progress of the nuclear fuel enrichment plant and the Arak reactor in Iran.Led by the US, world powers have been asking Iran to curb its nuclear programme and a standoff led to imposition of sanctions on it.They were imposed rigorously since last year with Iran‟s banks, shipping and gas imports being targeted by the US and the European Union.owever, India won a waiver from the sanctions, agreeing to cut its oil imports slowly.Along side, India and Iran entered into an agreement for a payment mechanism based on the rupee.As an offshoot, Indian basmati exports gained along with other commodities such as soyameal and iron ore.Iran buyers bought more rice this year to liquidate their credit balance in India that had increased to over $8 billion last fiscal. “Till now, India was the only supplier of rice to Iran though other origins were cheaper and had plenty of stocks. India enjoyed because of the payment mechanism. Indian basmati rode on this. But with food being covered in the deal, Indian basmati will have to turn competitive,” said R.S. Seshadri, Director of Tilda Riceland.

The agreement reached on Sunday says that humanitarian trade will cover food and agricultural products, medicine, medical devices and medical expenses abroad.India‟s basmati exports increased to 20 lakh tonnes during April-September of the current fiscal against 17 lakh tonnes during the same period a year ago.Of this, Iran accounted for 8.49 lakh tonnes valued at Rs 6,115 crore.Higher shipments have resulted in basmati paddy prices increasing to over Rs 5,000 a quintal this year from Rs 2,500-2,700 a year ago.On Monday, it was quoted at Rs 5,900-5,950 a quintal.According to trade sources, demand from Iran was so high that some exporters mixed ordinary Permal variety with basmati in their shipments.Riding on Iranian demand, Indian basmati is currently quoting at $1,500-1,525 a tonne, while Pakistan basmati is quoting $200 lower.“The rupee business was an assured one for us. Now, when normal business resumes, competition will increase for us.

We are already under pressure as the Iranian rice growers association has complained of excess imports last fiscal,” said Setia.However, an executive with an Indian exporting firm, who did not wish to be identified, said Iran with a huge population is a big market for India.Though rice is grown in Iran, there are not many takers for the domestically grown grain, resulting in demand for Indian rice, particularly Basmati, the executive said.“The rupee is likely to come under pressure as Iranian money frozen in various parts of the world will find their way back home. It could also lead to some bargaining by buyers from Iran,” said a trader.“Thailand and Pakistan

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could be the two biggest beneficiaries of this deal. Pakistan being Iranâ€&#x;s neighbour stands to gain a lot.Thailand, on the other hand, is ready to offer its best rice at 40 per cent discount to Indiaâ€&#x;s Pusa 1121 basmati,â€? said Seshadri.May be it is a coincidence but on Monday an Iranian official complained that five varieties of Indian rice were contaminated. subramani.mancombu@thehindu.co.in (This article was published on November 25, 2013)

Keywords: Rice exporters, lose advantage, Iranian market, landmark deal

UPDATE 2-Egypt suspends rice exports until further notice Mon Nov 25, 2013 6:32am EST

(Adds Supply Ministry comment paragraph 8)

Nov 25 (Reuters) - Egypt suspended rice exports less than a week after issuing licences to sell the grain abroad, the head of the rice committee of Egypt's Agricultural Export Council said on Monday."We are of course very upset about this decision, which only serves to confuse the market," Mostafa el-Naggari told Reuters over the telephone.On Nov. 19, Egypt granted licences allowing exporters to sell 102,000 tonnes of white medium-grain rice in a tender. The licences allowed export of rice for a period until Jan. 15.The Ministry of Supply has since then suspended exports until all of the domestic needs for the government subsidy programme are met, Naggari said.Egypt has an exportable surplus estimated at 800,000 tonnes of rice this year."Of course there are still a lot of discussions taking place around this.

The decision is strange because we already know we have a surplus for exports, so there shouldn't be a problem," Naggari said.Egypt's local consumption amounts to around 4 million tonnes of white rice a year, of which around 1.1 million tonnes are used for its subsidised rice programme."The export halt decision was made by the Prime Minister to ensure that citizens' local needs of rice are met and at reduced prices," Mahmoud Diablo, the ministry's official spokesman said, adding that it would help ensure rice is available for the food subsidy program.The Ministry of Supply holds tenders to buy rice for the subsidy programme. Rice is sold at the price of 1.5 Egyptian pounds ($0.22) a kilo to over 60 million Egyptians under that system.Naggari said that Egypt should rely more heavily on imported lower-priced long-grain rice for its subsidy programme and sell its more pricey medium-grain rice abroad for more profit."We have to start getting our local consumers used to long-grain rice as it is more profitable to export our medium-grain rice," he said.The restrictions on Egyptian rice exports are meant to keep prices in the local market stable, but rice exporters have complained that the ban on free exports has led to the rise of a contraband trade by creating a large price difference between domestic

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and export markets. ($1 = 6.8877 Egyptian pounds) (Reporting By Maha El Dahan and Shaimaa Fayed; Editing

by Jane Baird)

Nagpur Foodgrain Prices Open-Nov 25 Mon Nov 25, 2013 2:18pm IST 0 COMMENTS Nagpur, Nov 25 (Reuters) - Gram prices in Nagpur Agriculture Produce and Marketing Committee (APMC) reported higher on renewed demand from local millers amid weak supply from producing regions. Fresh rise on NCDEX, notable hike in Madhya Pradesh prices and fresh buying support from South-based millers also boosted prices, according to sources.

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FOODGRAINS & PULSES GRAM * Gram varieties reported strong in open market on here on good marriage season demand from local traders amid weak supply from millers.

TUAR * Tuar varieties recovered in open market on good seasonal demand from local traders amid weak supply from overseas market.

* Moong and udid varieties zoomed up again in open market on increased marriage season demand from local traders amid thin arrival from producing belts. Reports about weak production because of unseasonal rains also activated stockists.

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* In Akola, Tuar - 4,400-4,550, Tuar dal - 6,600-6,800, Udid at 4,800-5,100, Udid Mogar (clean) - 5,700-6,000, Moong - 6,800-7,200, Moong Mogar (clean) 7,700-7,900, Gram - 3,300-3,500, Gram Super best bold - 4,400-4,600 for 100 kg.

* Wheat, rice and other commodities remained steady in open market in thin trading activity, according to sources.

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

FOODGRAINS

Available prices

Gram Auction

2,550-2,850

Gram Pink Auction Tuar Auction

n.a. n.a.

Moong Auction

2,490-2,800 2,100-2,600 3,950-4,050

n.a.

Udid Auction

n.a.

Masoor Auction

4,300-4,500 4,300-4,500

n.a.

Gram Super Best Bold Gram Super Best Gram Medium Best

Previous close

2,600-2,800 4,600-4,900

4,500-4,800

n.a.

4,200-4,400

4,100-4,300

Gram Dal Medium

n.a.

n.a.

Gram Mill Quality

3,800-3,850

3,700-3,750

Desi gram Raw

3,550-3,600

3,450-3,500

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Gram Filter Yellow

n.a.

Gram Kabuli

n.a.

7,700-10,000

Gram Pink

7,700-8,100

Tuar Fataka Best

7,700-9,900 7,700-8,100

7,000-7,200

Tuar Fataka Medium

6,900-7,100

6,700-6,800

Tuar Dal Best Phod

6,600-6,700

6,400-6,500

Tuar Dal Medium phod

6,200-6,300

6,200-6,300

6,100-6,200

Tuar Gavarani

4,600-4,700

4,400-4,500

Tuar Karnataka

4,750-4,850

4,650-4,750

Tuar Black

7,100-7,200

Masoor dal best

7,000-7,100

5,200-5,300

Masoor dal medium Masoor

4,800-4,900

n.a.

4,800-4,900

n.a.

Moong Mogar bold

8,300-8,700

Moong Mogar Medium best Moong dal super best Moong dal Chilka

5,200-5,300

8,100-8,500

8,000-8,200

7,300-7,500

7,000-7,200

6,600-6,950

6,400-6,750

Moong Mill quality

n.a.

Moong Chamki best

7,200-7,500

n.a.

Udid Mogar Super best (100 INR/KG) Udid Mogar Medium (100 INR/KG) Udid Dal Black (100 INR/KG) Batri dal (100 INR/KG) Lakhodi dal (100 INR/kg)

7,800-8,000

7,200-7,400 6,700-6,900

6,100-6,400

5,500-5,900

3,900-4,100 2,900-3,000

6,500-6,800 5,900-6,300

5,400-5,700

3,900-4,100 2,900-3,000

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874

Watana Dal (100 INR/KG)

3,250-3,350

Watana White (100 INR/KG)

3,100-3,200

Watana Green Best (100 INR/KG) Wheat 308 (100 INR/KG)

3,100-3,200

5,700-6,300

1,600-1,700

Wheat Mill quality(100 INR/KG) Wheat Filter (100 INR/KG)

3,250-3,300

5,700-6,300

1,600-1,700

1,750-1,800

1,750-1,800

1,700-1,900

Wheat Lokwan best (100 INR/KG)

1,600-1,800

1,850-2,300

Wheat Lokwan medium (100 INR/KG) Lokwan Hath Binar (100 INR/KG)

1,850-2,300

1,700-1,900

n.a.

n.a.

MP Sharbati Best (100 INR/KG) 3,100-3,600 MP Sharbati Medium (100 INR/KG)

1,700-1,900

3,100-3,600

2,600-2,900

2,600-2,900

Wheat 147 (100 INR/KG)

1,400-1,500

1,400-1,500

Wheat Best (100 INR/KG)

1,500-1,600

1,500-1,600

Rice BPT (100 INR/KG) Rice Parmal (100 INR/KG)

3,000-3,300 2,200-2,500

3,000-3,2300 2,200-2,500

Rice Swarna Best (100 INR/KG) 2,300-2,500 Rice Swarna Medium (100 INR/KG) Rice HMT (100 INR/KG)

2,000-2,200

4,100-4,400

Rice HMT Shriram (100 INR/KG)

2,300-2,500

4,100-4,400

4,700-5,000

4,700-5,000

Rice Basmati best (100 INR/KG) 9,000-13,500 Rice Basmati Medium (100 INR/KG) Rice Chinnor (100 INR/KG)

Rice Chinnor Medium (100 INR/KG) Jowar Gavarani (100 INR/KG)

9,000-13,500

6,100-7,600

5,000-5,400

6,100-7,600

5,000-5,400

4,800-5,000

1,500-1,650

2,000-2,200

4,800-5,000 1,500-1,650

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874

Jowar CH-5 (100 INR/KG)

1,800-1,900

1,800-1,900

WEATHER (NAGPUR) Maximum temp. 30.7 degree Celsius (87.3 degree Fahrenheit), minimum temp.

19.6 degree Celsius (67.3 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a.

Rainfall : nil FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 30 and 19 degree Celsius respectively.

Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.)

Thai rice export outlook improves Published: 25 Nov 2013 :Newspaper section: Business

Rice exports will likely fare better than expected, as demand for Thai rice should become more active next month, says the Thai Rice Exporters Association."From December-February, we expect Thai rice exports will experience good growth as demand for our grain recovers now that the price gap between Thai, Indian and Vietnamese rice has narrowed," said president Korbsook Iamsuri.She said Thailand could see 7 million tonnes shipped this year, up from an earlier estimate of 6.5 million tonnes.Ms Korbsook said next year's rice exports are projected to stay unchanged at 7 million tonnes, as there are yet no clear supporting factors driving shipments.The latest rice report from the US Agriculture Department shows prices for most grades of Thailand's high- and medium-quality regular-milled white rice has declined by 6-8% over the past two months.This is mostly due to sales of government rice stocks, a lack of large new sales and the recent availability of new rice from the early harvest of the new crop.Prices for parboiled rice have declined as well, while those for aromatic grains have increased.Thailand's high-quality, 100% grade B (fob vessel, Bangkok) milled rice for export was quoted at US$434 a tonne for the week ending Nov 11, down by $30 from the week ending Sept 9 and the lowest since January 2008.In contrast, price quotes from Vietnam have increased since early September due mostly to recent large sales to the Philippines and China.Thailand's price quotes for 5% broken grains are now just $21 a tonne above the quotes for Vietnam's 5% double-water-polished milled rice, down from almost $90 in early September and more than $150 early this year.

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874